"Do I Sound Like I'm Going To Argue With You?"

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[@Petruskinhap972]

“We have no debt except for $190k in student loans”. 😂😂😂

[@heels4lifx]

190k of student loan debt (for a reasonable degree) is better then 10k of consumer debt.

[@thesig301]

@@heels4lifx ummm?😂no

[@heels4lifx]

@@thesig301 yes it is. I had 250k of student debt after medical school. While it took me 8 years to pay it off, I had enough income to max out my retirement accounts and make multiple investments. I’m now able to retire at 55 if I want. I won’t but i at least have the option. Consumer debt does not provide anything in return. It just sucks your wallet dry with interest payments and contributes to mental fatigue. I wouldn’t expect a Ramsey follower to understand though. They look at everything black and white rather then approach it with critical thinking.

[@thesig301]

@@heels4lifx here’s the critical thinking… 1. I’m glad you think your singular experience represents the whole population 2. Student loan debt is a major issue.. 3. It won’t take 8 years to pay off $10k consumer debt😂 4. Consumer debt is bankruptable student loans are not. 5. It’s not guaranteed you graduate… some are stuck with lots of student loans with no degree. 6. Some get themselves so deep in student loan debt they think consumer debt is okay as well.

[@thesig301]

@@heels4lifx oh and I wouldn’t expect a doctor to understand finances.🤣🤣🤣🤣🤣🤣

[@senorbautista6143]

I bet that her husband, who is a lawyer, cannot win an argument with her 😅

[@steelcastle5616]

If he could, they probably wouldn't be in debt.

[@wewhoareabouttodiesaluteyo9303]

With marriage laws as they are right now, not even the BEST LAWYER can win an argument with a woman. That is how bad it has gotten. I call it male oppression.

[@WorldvsTruth]

@@steelcastle5616 Exactly

[@LuisLopez-nk7fj]

Dump woman.. typical modern useless women

[@PoyTroy]

That poor poor man lol

[@fhuber7507]

She does not want advice. She wants permission.

[@jimroscovius]

And she's not going to get it.

[@Jawrathful]

My thought exactly

[@jimmymcgill6778]

His advice was not good. Selling a house just to pay double rent, it not good advice.

[@Jawrathful]

@@jimmymcgill6778 did she mention the rent would be double the mortgage? I'm not sure I heard that part. But still being debt free is an amazing feeling and allows you to do so much more as well. I never realized that until I myself became debt free. It's a game changer. I feel like all the stress in my life is gone.

[@jessicacarmen2458]

​@@jimmymcgill6778 it was because she didn't want to live in that house because of crime and schools. You have to take the whole context into consideration

[@fendiboots4481]

"Dave, I own a MLM business and my husband is finally an attorney. But we can't afford to live like his friends do. Please help us."

[@Dividendflywheel]

You might have just NAILED IT.

[@tonytoni1150]

My God, I’m sure this is spot on. 🎯

[@shamoblamo9625]

It baffles me how people can be smart enough to make 100k's per year but are also so dumb they don't know how to utilize it. If I made even 80k per year I could be a millionaire in a few years because the paths to success are so clear and you have people like Dave Ramsey who literally give you the steps to get there.

[@frostedcornflakes]

Jade said it perfectly. People want things they can’t afford, and they don’t want to sacrifice to be able to afford it

[@langasanders1337]

I grew up in the "hood" and trust me, even today there is not 1 $500k house in my old neighborhood

[@PoyTroy]

Facts

[@Consultant22]

Los Angeles has plenty of $500K+ houses in not so nice neighborhoods, wouldnt be surprised if it was the same thing in Portland

[@HoneyDooDoo]

She’s not gonna listen to Dave and go buy a $70k SUV instead.

[@aaronkennedy1090]

then take a vacation to europe

[@PoyTroy]

And do repairs to the home

[@machutson5493]

Way to go Dave, first time anyone has ever confronted her.

[@DJYC21215]

I don't understand where this Modern narrative comes from. Women get confronted all the time.

[@machutson5493]

@@DJYC21215 Just my opinion, from her comments. Never said ALL women, just this one!!

[@aimeevargas4016]

Period.

[@wewhoareabouttodiesaluteyo9303]

@@DJYC21215 No, THEY do the confronting and then they play victim making YOU think they were confronted.

[@lesagibson8094]

What she may be too politically correct to say is that the City of Portland has let the homeless invade her upper middle class neighborhood making it unsafe. Or put up federal housing smack in the middle of her neighborhood. Happened to me in New Orleans.

[@katemiller7874]

Portland is a cesspool now. I wouldn’t want my kids ina bad neighborhood.

[@solomongrundy9735]

You couldn't pay me to live in Portland.

[@perrymusclesmarinaraenunzi1949]

Hey Lesa, Which neighborhood? Garden District? Bywater?

[@firefly9838]

Poor her. I feel so bad for her🙄

[@firefly9838]

@@solomongrundy9735it's pretty nice.

[@jordanporter4518]

I'm a pretty tough critic, but Dave is 100% correct on this one. You got yourself into a mess, sell the house, move the equity into your debt and start over. As it stands, your net worth is currently at $0 with the debt matching your equity. Paying off this debt now will only save you the interest payments and give you a substantial bump in retained earnings.

[@CurieBohr]

If you bought a home in my neighborhood 14 years ago when they were brand new, with minimum down, your mortgage today is $1,600 per month. To rent today is 3,100. To buy now is closer to $5,000. Selling to rent isn’t always a smart choice. Imagine trying to pay down debt after jumping from $1,600 to $3,100 lol I live in a great neighborhood. But if you rent under $1,600 today, welcome to the ghetto.

[@ed5952]

300k mortgage is cheaper compared to renting right now ... idk .. Dave missed the mark here

[@spicboy12390]

@@CurieBohrlol they can make a 2500-3k rent payment the household makes 300k altogether. I’d just sell the house and start over and rent a couple years, but aye to each their own

[@shonaloren5117]

She said she earns 300k per year tho. Surely you can spare 10% of your income for rent and still pay 10-12k per month in debt payments and clean up the mess quickly

[@christinamaxwell8330]

​@CurieBohr If they sold their home and paid the student loans off with the equity , they would have zero debt making 300k a year. I think they'd lbe just fine renting at 3k per month.

[@rooster5755]

Love how dave is straight to the point also....Lady wants everything!

[@genxx2724]

Yep. They should have stayed in a student-level apartment, waited to have kids, and paid down the debt. But they’re new to Dave Ramsey.

[@mikenelson8377]

Yep but it took almost 3 minutes for the caller to finally ask the question 🤦🏼‍♂️

[@J-wu8sc]

Dave you’d be surprised. Some areas do in fact have 500k homes in bad areas.

[@joejoe-bs6jq]

Try Southern California. Los Angeles in particular, Orange County is another, but even in the Riverside and San Bernardino Counties, there are areas where $500k is either a bad neighborhood, or one where you temporarily live until you find a better spot. While Dave is probably being a little flippant, I'm pretty sure that areas around Nashville are the exact same.

[@danabe3220]

Dave hasn't heard what's going on in Portland? Many high cost areas are also high crime. Portland is in bad shape.

[@TheLucky17]

Thank you! Finally someone says this

[@bobbybiskins6720]

well get out of Portland and rent like he said

[@CarlaQuattlebaum]

@@bobbybiskins6720 - Right, I would definitely find a safer place to rent if the place I bought wasn't safe anymore.

[@vinodhcashout6711]

and for some reason this lady on the phone wasn't able to verbally articulate that lol

[@tom30]

Sometimes I wonder if people just call into the show to brag about their above average income and mask it in a mediocre question.

[@DDoubleU8001]

Yes, it's common. I've watched enough of these videos to know that for certain. But this particular one? -- doesn't seem like it.

[@top.secret000]

FOR SURE

[@karenhardie1132]

People are living in tents, and she is calling about her rich lawyer husband and $500,000 house. Extremely irritating bragging. Dave let her entitled self have it 😊

[@genxx2724]

On the West Coast, $500K buys a dog house with windows.

[@markg999]

​@@genxx2724 unless you are making $400k+ it makes no sense to live on west coast.

[@genxx2724]

@@markg999 That’s not true, and my family has been here for four generations. I’m not leaving anytime soon.

[@coltonhubbard96]

To be fair that house was probably worth 150k at the turn of the century.

[@richardramfire3971]

She’s not bragging. She’s just a little out of touch

[@ralphholiman7401]

Living in Portland, Oregon. That's the start of the bad judgment.

[@bettysmith4527]

They voted and deserve what they have!!

[@roolyfe]

Hey Portland is a nice place! Don’t disrespect my city!

[@Adopeapparel]

@@roolyfe Born and raised in Portland here, I love my city but we can’t deny it’s been going downhill since the riots.

[@bettysmith4527]

@@roolyfe if you are a homeless criminal it's a great place!

[@roolyfe]

@@bettysmith4527 yeah true

[@banditdog1338]

Thank you for feeding these folks a dose of realty. I grew up dirt poor my mother and father never had much but love was abundant and we knew from early on life is tough she sounds like an entitlement child the world is mean to her. Get over it.

[@sidwhiting665]

My question to the caller would be, "If you have no debt other than student loans and a mortgage, then why can't you pay off your $190,000 student loans in 1-2 years making $300,000?" Seriously... if your house payment is only $1600/month, then you suck it up and live on a "meager" $110,000 income, and in one year you're done with the student loans. Save for one more year after that and you can sell your current home, put those proceeds to your added savings, and move to a sweet home in a great school district with a 50% down payment. * Junior isn't going to "suffer" spending 1 year in kindergarten and then moving to a new school district the next year. Kids make friends easily. He'll be fine. Mama just wants a nice new house in a swanky neighborhood so she can impress her husband's friends' and co-workers' wives. She needs to deal with the fact that she's using her child as a manipulation tool to get what she wants.

[@andidede3653]

Honestly, I feel like they leave out a lot of other things. They only had 20K in savings, I think it was? They don't leave any buffer in their budget because of all of the other stuff that they are paying for penny per penny up to their income. Otherwise this is not rocket science.

[@jimroscovius]

That's exactly right. She's a spoiled princess. Stay in debt to look good. What a snob!!

[@ellasoes8325]

Agree with almost everything you say except the snarky remark about "junior". Kids are NOT stuff. Kids DO SUFFER bad adults and kids' welfare should NEVER EVER be sacrificed. 3 MONTHS in a child's life is long time, let alone a year. Though I agree, for the most part, recoverable. This is true from the mere facts of the biology of human development as well as the more subtle aspects of mind and spiritual.

[@blacksnk]

I also think her "business" is sucking up a lot of money also. I was making 120K a month once with a 14000 house payment and I was doing great. Like you said, put half of that 300K salary toward student debt and it will be gone in 2 years.

[@jimmymcgill6778]

Yeah. No reason to sell the house now, just to rent.

[@Ostro1980]

It's hard to live in the ghetto. I respect her courage.

[@toastybone4322]

$500k ghetto

[@jgbotwinick49]

😂

[@SteelRhinoXpress]

The city of Portland has turned into a ghetto in recent years.

[@twistnloc3247]

It doesn't sound like the hood to me

[@blueringedoctopus4778]

Portland Oregon is a giant ghetto with red n black clad soyboys running around there.

[@ev5150xxx]

Having lived in Portland for years, i can assure you there are plenty of bad areas where houses are 500k. Easily half or Portland actually. Look at crime and housing prices in Northeast Portland. Or north. Or out towards Gresham.

[@rebeccashields9626]

Build a fence, get a German Shepard and a gun. A lot cheaper than buying a house that’s $300k over what you can afford.

[@CarlaQuattlebaum]

I wish this caller had been more specific about why she felt it wasn't safe. Dave said he's been to Portland. I wonder if that was in the past few years and how many parts of Portland.

[@sheilayoung8007]

He was fed up! I don't blame him.

[@physicianskitchen]

I gotta say I briefly looked up real estate in Portland OR at that price and things are looking rough

[@donjohnson1416]

EXCUSE AFTER EXCUSE AFTER EXCUSE. Keeping her right where she is. LOL. I love people who call for advice and dont take it ha ha ha ha ha ha

[@steelcastle5616]

Advice is to be considered and not taken every time and from everyone who gives it. In the end, the decision to do anything is theirs -- as it should be.

[@MrTmenzo]

Useless callers 😂

[@steelcastle5616]

@@MrTmenzo As of late, more and more callers seem like they should be calling Dr. Phil or Maury Povich.

[@samanthaw.861]

“We have no debt other than $190k in student loan debt” 🙃

[@minimalist_monk]

And mortgage 😂

[@vinodhcashout6711]

Ikr. What a stupid statement lmao

[@thehuntgray]

I love when Dave directs these ramblers to get to their question.

[@jaywalk6628]

I live across the state line from Portland, and YES THEY DO have $500,000 dangerous neighborhoods over there with bad schools.

[@kiddrummeremac96]

Dave is very good a realizing when people need a tough love reality check 👊🏽🔥

[@David-wo9un]

This is the harshest I think he has ever been; she called an sounded all happy and he slapped her into reality.

[@mmasanjose4087]

I love that Dave wasn't playing with this woman at all, you can tell she irritated him instantly 😂. That's probably the first time that she had ever been silenced like that in her life 🦗.

[@xiomaragomez6649]

Tough love!

[@jayb.8460]

Cuz all she did was brag about herself and disrespected her husband on live tv.

[@janelleg597]

Well it's Portland

[@howlbeast]

When he said “what’s the question”

[@carmarasmussen8118]

You can hear the entitlement in her voice. 🙄

[@amendaalmonte2236]

“If you can’t afford rent in the school district you want to send your child to then you can’t afford a home there either”. Spot on. It’s a short time sacrifice. Go be debt free.

[@fauxbro1983]

Lol so great when dave cuts thru the BS. If the callers want affirmation theyvshould call in when john daloney is hosting lol

[@ikspv2764]

😂😂😂😂😂😂😂😂😂😂😂😂😂in tears

[@Jawrathful]

😂😂😂

[@percivalgooglyeyes6178]

This caller illustrates the mindset and what caused Portland to be in the mess it is in now.

[@firegirljen]

Really, she has a drug problem & is homeless is that what you gathered from her information?

[@mattschmitt9924]

​@@firegirljen I think the OP was suggesting towards the victim mindset that cripples people from helping themselves whilst they wait on others to fix their problems.

[@mattschmitt9924]

@Nana Kwame maybe she's from Portland?

[@davidb8777]

I haven't heard Dave get this angry in quite some time. Hopefully she just doesn't go and do whatever she wants as is human nature. Funny, because the call started on a very good note with her paying off her debts. Dave obviously felt very strongly about this because it's very rare for him to recommend that they sell the house.

[@jacksmith-vp3go]

Sounds like Dave is in a 150 million law suit

[@jimmymcgill6778]

She's doing nothing wrong.

[@adamseidel9780]

@@jimmymcgill6778 her logic is faulty though. She is going to lose the advantage of her low interest rate mortgage whether she rents or buys, it’s an irrelevant consideration. You need to eliminate these red herring, irrelevant lines of logic to make decisions so you can focus on the real factors and also eliminate you’re using to convince yourself to just do what you want

[@AlecVice]

You’re spot on. She’s using purely motivated reasoning to come to the conclusion she wants and is trying to pull Dave along for the ride.

[@boba7133]

She already knew the right thing to do. She was looking for someone to enable her poor choices.

[@XennialGuy]

Making $300K a year and they only have $20k in savings. Where does people's money go?

[@jg5719]

Life creep. The more you make the more you spend

[@chillmane2703]

Henny

[@adamseidel9780]

Debt, they just said they’ve been paying off debt

[@Painkiller77777]

The man is married! That is a money pit

[@osirismalu3394]

300k a year with only 20k in saving !!!!!!. I made 80000.00$ ( two jobs) with 26000.00k in saving and 43000.00$ in different ETF and index fund. With so little I have more than those people ?????? That is impossible

[@GAMEONBABE]

Dave ain’t taking no sh’t

[@ianmowbray3284]

OMG 300k income and up to there eyeballs 👀 in debt😮

[@elizabethallen4353]

When they ask “what’s your question” and she keeps going down her list of self congratulatory numbers….😅

[@diemerfrau]

Live in portland.. our neighborhood HS is 75% free breakfast/free lunch.. average house price is $525k in neighborhood. Lots of renters in school district. Guessing she may be in my hood! I volunteered in elementary and middle school and I could not tell which kids were free breakfast/free lunch and which were not. Almost all of the kids were super engaged in learning and it was a really good experience. Our son now attends a top university and we are still in same home.

[@Hiker2110]

To be fair, I don't think Dave understands how expensive it is to rent today. At the same time, I understand his frustration. The caller didn't seem to keen on taking advice that goes against what she wants to do.

[@Hiker2110]

@Chris so true. His advice as of late has not been good in my opinion. Sure, she could afford to rent, but why should anyone (regardless of income) pay more to live somewhere they'll never own? This is why I'm enjoying Rachel and Jade more lately. They give great advice and really help the callers to understand the why behind their advice.

[@Vydio]

At one time Dave's advice to rent may have been better, but I think he is behind the times when it comes to this subject.

[@CarlaQuattlebaum]

@Hiker2110 - Dave owns real estate that renters live in. He talks about how he won't allow pets in his properties. I would think he would know how expensive rent is, although maybe just in the Nashville area.

[@BlueDauntless]

@@Hiker2110Pick one. Get out of debt and then use your income to buy a house you want in the area you want. OR keep your best and still try to be in the area you want. If she can be completely out of debt, no student loans, no mortgage, why wouldn’t she go that route? Then her $300k income can be saved and applied to a new house where she wants. And renting is just a season.

[@PoyTroy]

I love how Dave can filter through the BS, and knows who calls to hear themselves talk, or call door genuine advice and will actually use it. You can read Dave’s face when they call in and he’s just not having it

[@kevinengland8209]

Do what you have to do so you can do what you want to do!! Good Times!!

[@peejaydandoy2889]

Dave is always so insightful .I was really hopeful of my investments this year, but all my plans have been disoriented, I've been studying the market crashes and I realized some investors made millions from the recent 2008 recession and I was wondering if such success rate could be achieved in this present market. and the Federal Reserve taking a more hawkish approach to interest rates and bond purchase tapering. Any recommendations?

[@AzinwiNeba]

Clearly the recommendation is switch all your savings to bitcoin. If you are stuck in a 401k or some regulated savings buy MicroStrategy, which is essentially a bitcoin purchase hidden as a stock.

[@JuneroseCarcina]

I retired with a 7 figure portfolio and still receiving about 30k in dividends. I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. ever grateful to Trisha Jean Webb my F.A...

[@peejaydandoy2889]

@@JuneroseCarcina checked for your FA and found her web page. she is very impressive , I wrote her and I'm waiting on her reply.

[@advancedchiropractic667]

This is nothing like 2008. Nothing!

[@calebharris4127]

@@JuneroseCarcinaI checked out Trisha Jean Webb and she was terrible. No communication and did not know the trends! Would not recommend

[@page76metalcraft19]

Love when Dave is hosting!

[@Whiskey_Jane]

Another great episode, thanks Dave. 💜🤑

[@bigcahuna42366]

Just wanted to say that about 30% of all those who make 100K per year or more are living paycheck to paycheck. They are making plans to be a part of this stat long term.

[@jessicabryant7541]

As soon as she started saying how much she listened to the show and proclaiming how she knew dave would want to know all her numbers, you already knew she was just trying to convince dave it was ok to be ish

[@cuh720]

Hey but that’s a fair question. If mortgage is lower than any rent then does it make sense to rent?

[@askmartinez6409]

Dave lost patience. I bet the lady still would not take the advice either way

[@lukeiskandar1208]

Median home price in Portland is over $570k. Completely reasonable that a 500k house is in a bad area

[@joechang8696]

Portland has gone downhill bigtime is the last couple of years, depends on the neighborhood. running a small business has some risk, keep deep cash reserves. husbands' employment is also a factor, if he is new and at a law firm, there is the possibility of large increase, but can go south as well. normally I would not advocate selling the house, but if she is concerned about the neighborhood, then go ahead a rent to see how husbands career turns

[@joeuyrwy9739]

Melissa did not sell the house.

[@Solo76239]

Just because you make money doesn’t make you smart. It’s what you do with it, that makes you smart.

[@SteelRhinoXpress]

Academic smarts and common sense smart don't always go hand and hand. Matter of fact it seems like the more academic smart someone is the less common sense they tend to have.

[@steelcastle5616]

@@SteelRhinoXpress I don't agree with that. I've found that academic levels and common sense have no real correlations. And neither does the level of a person's bank account factor in. Life is complicated and people with different academic and common sense levels can be found throughout different economic and social groups (and the subject being discussed).

[@ashleynichols3010]

Come on Dave!!! ❤😂 preach!

[@rbraxton00]

😂😂😂😂😂 yeah, people call here because they want to be the first to break Dave!!! 😂😂😂😂😂😂😂😂😂😂😂 love it!

[@ConnorMooneyhan1]

It's entirely possible she's in an over-gentrified house in a bad neighborhood. we've got plenty of that in Durham, NC.

[@danieljacobs6921]

I’ve been to Portland, Oregon. There is no low income housing in Portland. There are homeless people everywhere. She truly could be in a bad neighborhood in that house.

[@lisacraft9929]

She's a pampered princess.

[@coolaunt516]

Some parts of Portland are a hot mess right now.

[@tubenachos]

Get 'em Dave!! 😂😂😂

[@devineimageworks]

Ms. Bougie was dying to plug her business but he never let her. Did she mention that she has a business? You know she owns her own business? $500k house with $1600 mortgage & $300k income and it’s not good enough? BOUGIE. My guess is she was just trying to brag and it never got there.

[@Beginningtopeak]

This show always makes me scratch my head. I make less than a quarter of this ladies income and I swear I’m less whiney

[@ViridianFlow]

It's amazing hearing someone with a 300k income complain about money. That's extremely comfortable life money. Most people earning that much for even just one year would end up pretty well off for the rest of their lives, that's enough to completely lift someone out of poverty and get them a good foothold into living stress free. No idea how these people are still whining.

[@rr-brown6445]

😂😂😂 Portland has changed Dave.

[@kylesnyder9452]

We did something similar and you’re right we could never afford to buy in the district my kids are in. That being said I don’t have a problem being a renter like some people do. Maybe long term I’m shooting myself in the foot 🤷‍♂️. On the plus side our rent isn’t more than 25% of my income so I’m still able to invest, have a fully funded emergency fund, and 0 debt. My youngest graduates in 4 years and at that point we’ll reassess our housing situation.

[@seb12287]

Debt doesn’t just cost you money. You pay your debt with your family’s quality of life. Like time with your family, education for your kids, perfect neighborhood and so on. We have just got to decide to avoid debt and teach that to our kids. You think you deserve nice things but you pay with your family. My husband took a pay cut to be with the family more. We were able to afford this because we are debt free. My 07 jeep isn’t pretty but it’s paid for and doesn’t cost my family.

[@Adopeapparel]

As someone who recently moved out of SE Portland OR to Bellevue WA homes in Portland definitely hit the 500-600k mark that are in the hood. A grandparent of mine recently sold her home in felony flats (SE Portland) for over 500k

[@ev5150xxx]

Agreed. Not sure why Dave thinks he knows Portland because he visited.

[@michaelcarter266]

“If you can’t afford to rent you can’t afford to buy” so true since that extra you think you are saving by buying is going to go straight back into the house when something breaks.

[@omi1279]

This is a short-term lie that people that are real estate investors want renters to keep believing. Do you know what, on avg, raises YoY? Rent. Look it up. Do you know what stays constant for your mortgage amount? The principal and interest. In all moments in the modern history of this country it's been worth it to buy vs rent in 5-10yr periods.

[@Ink30]

Facts

[@Ink30]

​@Omi true, but stuff does break and you have to be prepared my hvac went out 5k out of pocket due immediately

[@omi1279]

@@Ink30 I agree! I believe owning is not the paradise other people want to make it look like either. However, if you have the ability to own and not be extremely tight financially.. you really should go for it!

[@RJWaynerium]

​@@omi1279not really. Many people, especially the gen Zers, have absolutely no idea how to fix house problems on their own and they have to pay handyman, technicians, etc to fix many of the problems and guess what? Each job can be in the thousands range. Bad foundation, HA! That's tens of thousands to repair. New sewer to replace a leaky/broken one? Thousands easy. New roof? That's at least $20K. Buyers NEED a substantial cash reserve to be able to properly respond to house problems. When you rent, the renter takes care of all that. Now I am all for people to own versus rent as that's a much better investment, but people need to buy intelligently.

[@Elizabeth_lowkeyluxuries]

She doesn't like the area, so what's the problem with selling the house? That frees them up from years of paying student loans and puts them in a good position to decide where they want to live on a great income. What stopped them from doing it the first time? I'm wondering how much her side business is bringing in with 2 young kids. Attorney could probably cover 90% of things.

[@blacksnk]

She "alluded" her side business not doing so well. I would venture it's in the negative at the moment.

[@Vile0708]

I agree with the idea of renting in the school district she wants after paying off the student loan, but I think there was a dismissive nature to her statement about feeling unsafe. There is a lot of antifa activity in Portland and civil unrest and it is expanding to where it affects neighborhoods that used to not be affected by it.

[@jg5719]

Yeah, Portland is wild right now. The decriminization of all drugs has really done a number on the city

[@RiSkyNick]

I agree, Dave knows a lot of stuff and gives good advice, but unfortunately he doesn't know everything going on in the world today.

[@vickieclark5931]

I agree. Portland is definitely one of the worst cities to live in now. It used to be a beautiful place, but it's become similar to Chicago. So I think even those that have a 1 million dollar home may still be struggling with being in a bad neighborhood because Portland is being overrun by gangs of destruction.

[@CarlaQuattlebaum]

@Vile0708 - If that's what she meant by unsafe, then she should have said that. I don't think Dave would have said to stay put in that situation. It's a shame if you're living in a half million dollar house and still don't feel safe.

[@thebeautifulmanclub3790]

I live in Portland. Unsafe area and bad schools. No S*’t….? 😂😂😂

[@chrissylong6001]

He’s giving her great advice. She might be paying more on rent monthly, but she will no longer have the student loan payments, or the extra interest that she’d be paying on them in the long run. It won’t take them any time at all to save up a down payment for a new house.

[@Dave-tz9zx]

I am surprised Dave jumped on her about the neighborhood. There is a chance a 500k house in Portland is in a bad situation.

[@jculver1674]

He clearly hasn't been there in a while, because he doesn't seem to be aware of how much the city has gone to pot lately.

[@cesaravegah3787]

Portland and Chicago are now dystopian nightmares yes, but even there a 500k home in an unlivable zone sounds kind of weird, as they say, she want it all, she want it now and she refuses to acept a No for an answer, too bad that she can't afford it, bless her hearth.

[@lifeforgod07]

You’d be surprised. Don’t know how it happens, but in Portland you can be in a 500k house in an unsafe area. I live here. Rents are also astronomically high. I wouldn’t sell the house with that low of s mortgage. I would just attack the student loans

[@jonslyh2742]

Sell the house and move out of Portland. The city is crumbling and is a disaster.

[@alanmann4211]

Portland. She might have a homeless drug den encampment on the sidewalk outside her 500k home.

[@tonettesharp6418]

BAM! The best episode I have EVER watched! "It has to make sense" Methinks Melissa is not going to listen.

[@colbyduyck1861]

He’s clueless about Portland and housing prices…. Most definitely 500k is still a house in the ghetto there

[@davidpaul9961]

I live on the Portland area. And $500k home is the low end here. Especially Portland. I’m guessing she lives in the Milwaukie area, which is rough

[@blackworldtraveler3711]

Yeah out of curiosity a friend and I flew to Oregon a few years ago to check out Portland area where the TV series Grimm was filmed because of the neighborhood locations and beautiful old homes. Were under $500k at the time but not anymore.

[@davidpaul9961]

@@blackworldtraveler3711 my home can sell for $450k, maybe. It’s a 1,000 sq ft, 2 bed 1 bath. Not in a horrible area, but close to the freeway where it’s not uncommon to see sketchy characters.

[@adamseidel9780]

They do have $500,000 home slums in Portland, Oregon. The neighborhood is called “Portland, Oregon.” I’d want to get the absolute hell out of there if I were her too. That said, her mortgage is low because it has the old interest rates. That’s going to get worse regardless if she rents or buys. If they move, they’re stuck on that front, so it’s not a factor.

[@bettysmith4527]

They voted and got what they deserved!!!

[@Youdontneedtoknowmyname3-iu1vk]

I did a quick homes for sale for her 500k in Portland Oregon and these are small homes and only a few are decent but Dave is right you can't have it all

[@justinoleary911]

Yes renting now is a great idea it’s not like that’s inflated to all time highs and keeps going up 😂

[@danpitbladdo3555]

I haven’t seen much of this Ramsey fellow but I gotta say it’s concerning if he’s generally encouraging people to pay off debt that has lower interest than current treasury yields. Her husband’s student loans probably fit this description, and what’s funny is nobody asked. Her mortgage too, but it sounds like she wants to move. You gotta be real bearish to think you’re not going to get a margin by investing instead of paying off these loans. And that’s ok, as long as you’re consciously being bearish instead of having an emotional reaction to a negative number on a balance sheet.

[@danielleb1223]

She said… Gurrllllllll 😂

[@brannonfrost4286]

Kids of ALL ages hate to be told "no,you can't have your way".Some kids are senior aged.Still don't tell them no or your get a fight every time.

[@tonytoni1150]

Kevin Samuels said it best: “You can’t make this s**t up!!”

[@mehdirahan6943]

$500,000 slums Dave, please go easy on her! 😂

[@zebranator]

I probably would NOT sell the house because with their income they could knock this debt out in 2 years or less easy.

[@zebranator]

There is a cost to selling your house and not just a financial one.

[@resplendentToad]

Dave lost his patience very fast. It was when she sails they have 20k instead of 1k that he was already mad.

[@tashamclean]

500K house in the ghetto. I'd like to see that. 😂😂

[@face2much]

If you don't wana be in the neighborhood why keep the house? Whats the mortgage plus the student loan payment? Is it less than the rent in the neighborhood you want? There, problem solved. I get not moving from 1600$ mortgage to 3500 rent, but if the neighborhood is too expensive thats a different equation.

[@AbidingHopeMentalHealthCoach]

I get what she’s saying about rent vs. $1,600 mortgage. I live in Salem, and 5 years ago we rented a small 3-BR house for 1,500. Prices in Portland were higher. Now that same house probably rents for close to $2,000. I think Dave should have done some math with her. Yes, not having a mortgage is great, and having paid-off loans is good. And there are parts of Portland that are just nuts right now, thanks to a lot of things.

[@smithtown00]

I agree with this. I thought he was rude. Also, a 500k house in nyc (for instance) can absolutely be in a really bad neighborhood, and it all really depends on the location. Rents can be astronomical and way more than a mortgage. I understood her need to look at the numbers carefully.

[@AbidingHopeMentalHealthCoach]

@@smithtown00 That said, the more I think about it, I still think he’s right, and she sounds like a numbers nerd and could have benefitted from the lesson. Mortgage plus payments > rent alone.

[@nwpa771]

Melissa will be fine. At one time or another all of us have been at that "can't see the forest for the trees" intersection of life. Sounds like she's doing well as a sole proprietor, so she's got that going for her.

[@malloryjohnson6192]

Maybe Dave has been to Portland before -BUT GO THERE NOW! I live in Salem (45 mins away) and Portland has become a total nightmare! I would NEVER live there with children, homeless will break down your door and move in, needles and all.

[@CarlaQuattlebaum]

Yes, maybe Dave should have one of his events there and REALLY drive around and get a good look at the city before he's certain a $500k house is not in an unsafe area of Portland. I don't know myself, never been to Portland, OR. I wonder how long they've lived there?

[@levik11]

have you seen Portland lately? lol slums can be an understatement. btw why has Dave recently been getting testy faster and faster lol ?

[@Pickedpurposely]

I just turned 30 and I can tell you …I’m noticing with age I have less time for the shenanigans each year to come. So at 60+ I can only imagine 😅 He feels like a broken record and I don’t blame him lol

[@sherbear265]

Dave was fed up! 😂 I don’t know why people call and then don’t want to hear the advice. Girl, please take the advice! 😅

[@wewhoareabouttodiesaluteyo9303]

He seemed angry right from the get go of this call. Probably just a bad day he was having.

[@mrxboxone]

Talk about the law suit dave!

[@amireallythatgrumpy6508]

That would be the dumbest thing he could possibly do.

[@Girasoles]

Has selling a house and going back to renting ever worked for anyone?

[@hadenanderson563]

Yes

[@MultiOpolis]

American education costs are ludicrous! In Scotland you get your undergraduate for free and my masters cost 11k, which i got a grant for

[@kensporalsky3784]

Sometimes he’s wrong. You’d be money head putting kids in private school and keep you lower mortgage and use what money you have left to pay off school loans. Rents are crazy in Portland

[@rossmcgreg6r642]

Makes me cringe when I see arrogant, unkind, ignorant behavior.

[@riceball777]

in southern California there are lots of very ghetto and dangerous areas with $500,000 houses. a starter 1000 sq feet house needs to be $800,000 to be in a decent and safe area not even that nice of a area just not a bad ghetto area.

[@Jon-yo4wj]

Actually Portland is weird in that the "rough" neighborhoods are middle class areas with homes in the 500K and you wouldn't want to walk around at night or you can risk getting stabbed or robbed by the homeless.