I Have A $27,000 Credit Card Debt Mess!

[@PInk77W1]

My hi water mark for credit cards was $27,000. It took me years to pay off. It was a war. Now it’s zero and cut up. Now I have $40k in savings and zero debt and my house paid off. Dave has helped me sooo much.

[@eligreg99]

You motivate me. I have 25k in student loans, 1,600 of credit card debt (still in the intro period 0% APR), and owe about 3,800 on my car still which I would’ve paid off 2 months ago if I didn’t have a car accident that cost me 2,000 out of nowhere

[@PInk77W1]

@@eligreg99 it was hard. But it was worth it. Now my life is exact opposite of worry. My daughter called me recently and asked “Can I borrow $3000.?” I said no u can have it. She was so happy. LoL

[@collinandry1188]

How did you do it ?? @pink77W1

[@PInk77W1]

@@collinandry1188 said no to myself a lot. Ate at home. I went from $27k down to $16k So happy. Then my dad died and left me $21k. So I paid it off. Then I ran it back up to $11k. Then I said no more and got it back to zero and cut it up. Now I just use cash and savings.

[@miamiflorida6965]

Awesome! ❤

[@SRTBOAT]

I'm watching Dave on repeat after making some really stupid financial decisions.

[@2legit2Kwit]

I binge watch him when I need motivation

[@paulc3749]

Me too🙂

[@Dogbehu]

I did the same thing! I watched the videos over and over, I changed my way of thinking about money and cleared out the debt in 18months!

[@nikkif9873]

@@Dogbehu 🔥🔥🔥🔥🔥

[@joshuab1707]

Been there sir. 3.5 years ago I leased a car and found Dave shortly after cuz I felt awful about the financial decision. I was close to making another bad decision and here I am reminding myself not to get into another mess.

[@Ka_Gg]

Dave needs another saying "Delete the Amazon account"

[@marywebb9127]

Lots of people are addicted to buying that stuff.

[@FortuneSeek3rz]

Click click buy

[@linuxsurfer2002]

At least disconnect all cards from the Amazon account.

[@actual_doge3221]

@Jessica Smith Yea, the free shipping makes you wanna buy more than you really need

[@deb9806]

He doesn't hate buying, he buys tons, his wife loves expensive over 500 dollar purses, he just wants you to afford it.

[@ChristopherAbelman]

First off, the belief that the Federal Reserve would stop raising interest rates was the driving force behind the entire economic chaos. What should we do now that we have a situation where interest rates are crashing? At this point, how would you suggest that I safely allocate $300k?

[@HildaBennet]

Although the market is currently volatile, aren't the current valuations a result of the Federal Reserve's monetary policy and low interest rates? Therefore, my recommendation is that you consult a financial advisor who can give you entry and exit points for the shares or ETF that you are interested in.

[@bartlyAD]

Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

[@DaliaCohen2230]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@bartlyAD]

Sonya Lee Mitchell is a leading asset-manager in the industry. You should take a closer look on her page.

[@DaliaCohen2230]

I appreciate it. After searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@jamesharrison1178]

I like how blunt this guy is. He ain’t afraid to hurt some feelings. Clear and to the point instructions.

[@kimmpilditch7225]

I think he is really rude in his delivery. Give the woman some grace. We have all spent money we don't have. She needs guidance and support to help her make better decisions, not judgement and harsh, abrasive responses.

[@dcsmooth]

@@kimmpilditch7225I agree. Ramsey needs to get off his high horse. Not all debt is due to financial irresponsibility. Most people are just victims of situations they had no control over and had nowhere else to turn to put food on the table. It’s not all black and white like Ramsey wants his listeners to believe. And no, you don’t have to give up going out to eat…..just learn what resteraunts you can afford. Ruth Chris steak on a Burger King budget is not going to work. But denying yourself everything because you think getting out of credit card debt is going to make you happy is a joke. It’s not the credit card debt that’s the problem, it’s deeper.

[@bennyjoey8444]

I don’t like how Mr Ramsey calls people names like stupid, parasite etc. How does that help? Feel sometimes his answers are rude. Can get the same information across without being so nasty.

[@jeffreylong1478]

He didn’t insult her, he called her out but he did it in a loving way. Sometimes people need hard truths to snap them out of the funk their in.

[@ramsaybolton7464]

He has an 800 million dollar enterprise he created. He’s not afraid to step on toes.

[@countessstevens63]

After she said she only has $10 left in her paycheck, I felt the air leave the room.

[@srs9973]

83000 to just 10... Scary as shit

[@nicksparta9580]

She probably meant 10 left after a weekly paycheque@@srs9973

[@hollyb6885]

I’m sooooo glad they asked her what she spent the credit card money on. I HATE it when callers just give their debts as “credit cards” and no one questions it further. Credit card debt for medical bills vs credit card debt for vacations is something Dave needs to know to help callers.

[@heartSLB]

With a 83k/year salary I’m glad she has the means to get out of this debt quickly and organize her financial life so she and her kid are stable!

[@cashoutkevin]

i make around 70k a year and live rent free with my parents no kids im paying off this 5k credit card debt in like 5 weeks but i still feel broke and this is how much my dad made when he had me... scary

[@Dawid-se4lc]

Yeah, advice number 1 don’t buy food I guess

[@mikestephens5346]

@@cashoutkevin LGB!

[@davidh8081]

I make over $90k gross. After insurance, landlord, groceries and government takes their share, there is not much left. 😢

[@mikebarker6979]

83k after tax and with the cost of living these days is fa

[@ayo_k32]

$800 a month for rent is EXTREMELY CHEAP. Especially to live in a nice place like Dallas. She makes plenty of money. Kid doesn't need to go to private school and she's probably spending on other stuff that's also unnecessary.

[@tracym8952]

Rent is EXTREMELY EXPENSIVE no matter how much it is. Buy a house

[@redfox_84]

@@tracym8952 buying a house isn't cheap either, but renting sucks. Not to mention maintenance.

[@alrbredwall]

@@tracym8952 beside the point and irrelevant. This caller would die if they tried to maintain a house if they can't survive a 800 dollar rent payment. The moment this chick's roof on a house went out she would be done.

[@BabyGators]

Agree, but I’m surprised both rent/utilities and private school are only 800 + 400 and 500 respectively. She should have WAY more left over. She has more than 3k left over post tax after you deduct those.

[@alrbredwall]

@@BabyGators it's bad money management. This chick doesn't even know where the money is going

[@josephsou9212]

I cut off my credit card and paid credit card balance small to largest . now I am so happy, I don’t have any debt. I pay everything on cash, no more credit card!!!

[@deb9806]

I once put my 4000 cc bill on a zero interest for year Disney card. It worked for me. I never used that card again and they finally canceled it. The 18% was killing me and the car repairs and other things were taking too long to pay off. Discipline is needed for anything, weight loss, finance etc

[@PInk77W1]

I did the same thing. It helps a lot when you’re poor and maxed out.

[@rh8152]

This worked for me too. Got the new CC with 0% interest for 21 mths. 3:29 put all my other CC dept on it, and figured out how much money in each month I had to pay in order for the dept to be paid off in that 21 mth time frame. Working like a charm for me.

[@deb9806]

@@rh8152 It works for a lot of people. Ramsey can’t talk about it because his brand is so entrenched in debuting cards and a lot of the people who listen don’t have the discipline, but I really do think it’s more selling his franchise and making it different than someone who is more “Dave light.”

[@Ryan_DeWitt]

People like this is why Dave is against CC's in all cases despite there being responsible people. People like this who spend beyond their means like the bill will never come ruin it.

[@morrismonet3554]

This is where he's wrong. CC are fine for people who pay the balance each month and earn rewards. This woman is a spendaholic and will find some other way to get into debt.

[@jwlsngold5026]

@@morrismonet3554 Wrong...the "Rewards" are what is causing people to spend far beyond their means. You can't think oh when the bill comes I'm paying it off...what happens if you have a major issue needing immediate "fixing" on day 30...there goes the CC payment and guess what, you start racking up interest. And most of the time like thus woman there's more than one CC, and the cycle continues.

[@AV-iw3xc]

@@morrismonet3554 80% of people carry a balance, why would he make a system for the 20%?

[@SPY_0-DTE]

@@jwlsngold5026 wrong.... I use my card on things I would have to pay for anyway. Then when I walk in my door from grocery shopping or filling up gas or whatever I might have used my CC on I make a payment to the company. I don't wait for a bill to come in the mail with a huge balance. There are responsible people out there with a card and then there's people like the lady on the phone

[@AV-iw3xc]

@UC0d7aaBD-N3Xj0H2QEFtTYw Dave is for those 80% with the occasional 20% mixed in. That’s always been his target audience. Its your normal every day Joe. If you want to be a beast go follow money guy or something like that which is specially tuned for the financially disciplined and professionally driven. I watch both but your backwards on Dave’s MO

[@FischerFan]

This is where I was at the end of 2020. It is now January 2024 and it's now down to $6,300! It all started with preparing a spreadsheet, and then looking for ways to tighten it. I created a budget to pay a round figure each month, plus any interest accrued on the balance of the previous month, as well as purchases made during it. The key was staying the course. As long as I continue to stay the course, my magic number of monthly payments to being credit card debt free is down to a maximum of 9!

[@cuccia22-70]

Once she said kid and single mom. His voice and tone changes. God bless you for paying for that class for her.

[@Ryan_DeWitt]

So, what you are saying is because she is a "single mom" that by default automatically puts her in a special class worthy of more sympathy and bad behavior acceptance?

[@Ka_Gg]

She has plenty of money. There are many times where people have a far worse situation and he doesn't take care of their financial peace University cost. He just went into simp mode like usual

[@cuccia22-70]

@@Ka_Gg I have seen him do this randomly with a lot of people. Given free books out free clas out. He can’t pay for everyone. How he picks is on Dave. I feel it’s random. Young lady reaching out for help. Weather she has the money or not that’s not the problem. She called cause she know she has a bad relationship with her momey was simply reaching out for guildness. She didn’t ask for it for free. She was reaching to help her understand money relationship and have a better grab on her money. Not all people are good with money. You guys can take this how you want. Not everyone can get it free and randomly picking people here and there is awsome of Dave. God bless him for helping. ( anyone)

[@Ka_Gg]

@@cuccia22-70 He gave it to her because he was simping for her. They do that alot on this show. If this was a guy with the same situation calling in, they'd tell him to work more hours and pay it off.

[@DisabilityExams]

Dave is the patron saint of women with poor impulse control. She cannot afford private school.

[@redfox_84]

$450 a month on utilities is awfully high for renting

[@jimmymcgill6778]

I own a house in NJ. And my utilities don't even cost half of that.

[@paulchakola7372]

It's hot in TX, AC bill is going to be high

[@hopefletcher7420]

She said "and stuff" so maybe that included phone, internet.

[@redfox_84]

@@paulchakola7372 yea but whatever space she's renting for 800 a month probably doesn't take that much AC. I'm not far from Dallas and my house electric bill is around 100 running AC all the time.

[@paulchakola7372]

@@redfox_84 I understand but 450 isn't unheard of when you combine AC, Internet/Cable Phone etc

[@tytynavarro1881]

Using fear as a driving agent gave me chills.. This was such a powerful statement.

[@OneLove7491]

83k with $800 a month on rent, even if she pays $500 a month on private school she is budgeting extremely poorly

[@kikyamart8749]

Interest rates are killer... Your be surprised how the money just slips away when you're credit cards are maxed out.

[@victorkreitner754]

Time to take the kid out of that private school. That alone is 6K a year that could pay her debt. Suck it up in the public system...lol

[@Ryan125y]

​@@victorkreitner754It would but the local public schools are likely garbage if her rent is $800 a month. Move back in with Grandma and Grandpa. Put that 800 a month towards the CC. Dept free in 4 years.

[@sdm1568]

​@Ryan125y not everyone has gram gram and pop pop to move in with.

[@ARAJ099]

She also said she grosses $83k she’s not taking that home.

[@FortuneSeek3rz]

Honestly the debt trap became real when we enabled people to 1-click buy things using their phone anywhere in the world. It's far too easy to get into debt and far too hard to get out.

[@paulc3749]

💯👍

[@millertoyal]

It's called " being responsible." Perhaps you're not familiar. Just because you CAN do something, doesn't mean you SHOULD!

[@FortuneSeek3rz]

@@millertoyal That's the point. It gives people a convenient portal to do something they shouldn't do.

[@hikerhobby1204]

It’s called “Don’t push the button.”

[@turtleanton6539]

For sure For sure 😊

[@thelimey351]

This is why Dave Ramsey has a "one size fits all" system - his system will work for the weakest *AND* the most disciplined, it's not as efficient as it could be for the most disciplined but if he gives different advice based on ability it dilutes the overall message for those who need it the most.

[@donaldcornwell1151]

you are exactly correct

[@laz7354]

It isn't "the most efficient" but it isn't about math. Debt isn't a math problem, it is a consequence of overspending, which is a behavior / addiction.

[@thelimey351]

​@@laz7354 Sometimes debt *_IS_* a math problem, but in most cases that Dave Ramsey deals with it is a behavioral problem. Like I said, the least disciplined need encouragement & Dave Ramsey's method prioritizes that over efficiency - with good reason, paying off debt inefficiently is better than not paying it off at all ! Edit: The only problem I really have with his system is *he promotes the idea that religious broke people should Tithe - that is ridiculously bad advice* ...

[@vibesaddickentertainment9777]

Bingo

[@blairkinsman3477]

GO KATY .. what ur going to learn at FPU and the conference and by binge watching this channel on KZbin for a weekend.. all of it .. works .. 10 years ago I was (still am) a single income family about where u are and we punched out 57 grand in cc debt, along with car loans, payday loans, and personal loans (it was 107 total) .. we haven’t gone back .. ngl it’s a tough road .. worth EVERY effort .. yes 💯 u want this u got this !!

[@mauraronda1265]

This made me cry. I feel Dave’s words. So hard!!!!! Thank you for helping her. So many single moms like her. I get it. It’s so very hard!

[@vevasika]

I’m a single mom and It’s very hard not to spend I feel like I bleed money. I had my daughter when I was 20 and in college so I racked up a good amount of cc debt in school cuz I couldn’t work with my daughter and then came out with 40k in student loans. I’ve had a job for 5 years now and my income has steadily risen but where I live rent is ridiculous, gas is insane, I didn’t have a down payment for a car but I needed it to work so I leased which is expensive. I don’t buy make up or jewelry rarely get my nails and hair done or anything like that but it seems like every month there’s some bill to be paid or something that needs to be bought. My parents had to move across the country for work so there’s less help from them and they’re in their 60s and unable to retire. The cycle of poverty is real and very hard to get out of it. Doesn’t help the more you make the more the government just takes from you smh. I’m hoping to try and save more these next couple years luckily don’t have much cc debt but gotta get the student loans and the car paid off

[@karenwalters1211]

I was a single mom so I can relate to her and it’s hard to manage money as a single parent when money is so tight. Grossing $83k is not enough to support 2 people. That means she may be bringing home $30-40k after health insurance, life insurance, 401k, HSA or FSA contributions etc.

[@jomontanee]

I love that Dave sits and take notes from the speakers he invites to speak for his seminars!! It shows that HE CARES TO LEARN!

[@carterwagner3628]

Dave: "Hi Katy" Katy: "Hi Katy"

[@linuxsurfer2002]

Yeah that was weird for sure

[@Ethiodawg]

😂😂

[@CryptoAshkn]

@@linuxsurfer2002 the guy who never been nervous in his life

[@ajuister]

I ran to the comments to find anyone else who noticed that

[@gladisgamez9386]

Dave You have changed my life and the way I look at debt and money !!!!!!! Praise the LORD !!!!

[@angelachanelhuang1651]

find a job

[@gladisgamez9386]

@@angelachanelhuang1651 lol 😂 thanks.

[@beardedelephant3023]

Jeesh. I’m so sick of credit cards. Fell into the trap myself. I need this gone!!!

[@srs9973]

Mee too and I have made a plan to clear them one by one. Have 4 of them and will get rid of all of them in 2 years. Hope no shit happens.

[@srs9973]

And yeah good luck with yours. 😊

[@beardedelephant3023]

@@srs9973 same

[@NICKI814]

It's amazing that Dave was giving her such a hard time pretty much saying in a nice way she was irresponsible financially until he found out she has a son and then all the sudden he's sweet and everything to her

[@abbyoneill4473]

Not just that she has a kid but that she’s a single mom

[@AmandaHugenkiss2915]

Dave the giga Simp

[@turtleanton6539]

​@@abbyoneill4473ouch !

[@eileeneclark9011]

9/22/23....STUPID SINGLE MOM SYNDROME WHERE SHE CAN SNIFFLE + GET ATTENTION BUT NOT CAPABLE ENOUGH ORSMART ENOUGH TO GET DNA DAD TO PAY CHILD SUPPORT! I FEEL NO SYMPATHY! BET SHE MAKES SON "HATE" HIS DNA DAD! JUST SAYIN'....

[@katiepenner5379]

You got this Katie! Thank you Ramsay family for your dedication to teach people financial deliverance and freedom! My life is a testimony that your methods work! I'm 30 years old, my boyfriend and I are both completely debt free, got our 6 month emergency funds in place. We are both working 2 jobs so we can build our wealth, get married and buy a house CASH! We are investing aggressively to build our retirement fund. It's been an incredible journey and I'm so excited for our future. I'm never going back to the debt trap again.

[@nancybashista1390]

Respect your honesty, Dave. Keep winning 🙏

[@WeBeatMedicare6969]

Caller: I’m 27K in CC debt and I make 83K/year Dave: This is awesome!

[@renecuevas4128]

No reason to be in Debt

[@joimumu]

⁠@@renecuevas4128agree she should be able to pay it within 18 months so odds are she is hiding something

[@Lon1001]

She doesn't even have an income problem. They were excited to help her because she is the perfect candidate for a snowball, but they were shocked she couldn't find more than $10 to start throwing at it. Definitely has a budgeting problem, money is going out that she is forgetting to count.

[@jomontanee]

She spends so much to comfort herself.

[@wenchyfoodwench4098]

She’s lying

[@joimumu]

@@wenchyfoodwench4098Agree she should be able to pay it off within 18 months while living on easy mode so she is definitely hiding around 30k of spending

[@Brooklyn-rj3np]

Borrowers lie

[@golden-bear]

dave & george are always a great dynamic

[@MikeWalksWithJesus]

Just cut up my cards and im ready to crush this 20k debt with my 80k income! Thanks dave

[@smokeyone]

Hopefully its going good for you

[@AidenLiamf7q]

My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.

[@SophiaChloé6f]

The year has been really rough for everybody. But I've been able to cushion the effect though. Have you thought of using an investment advisor? They can make you good money especially during uncertain times like this.

[@MasonJacobo2w]

Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.

[@AlexanderOwenb9l]

Oh, really? I have never thought of that as an option. Can I ask who it is you've been working with? I bet I could use some help myself.

[@MasonJacobo2w]

My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

[@AlexanderOwenb9l]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@aquamedic8857]

I kind of like his attitude. It gives people an eye opener without sugar coating things.

[@ogbose49]

That's over $5,500 cake home a month. She's not being honest. Car payment must be outrageous. 800 rent, 500 school, utilities 300, phone 100, 400 car, 400 insurance, 600 food at home, 400 gas. 3,500 total right there. Still roughly 2k left. Get rid of cable an streaming serviced, stop the hidden shopping addiction, and Pau the dang cards off. Common sense to look at a mistake an then change the behavior.

[@ClearThirty]

Y’all forgot to mention the minimum payments on 6 credit cards totaling 27k. That’s probably about 1200 right there.

[@bryantsmith1624]

​@@ClearThirtycloser to $1500

[@MylesOShaughnessy]

Good info, good show, good pep talk and I enjoyed the back and forth between George and Dave.

[@mart2023]

I really enjoy this show. Im working my way out of debt. Can't wait!

[@tonypittsburgh9]

I like when he said don't do math. Start paying more on them. The worst advice is seeing people get consolidation loans, because that just opens them up.

[@robloxvids2233]

I like how he said that then said pay them off smallest to largest, which requires math.

[@d5078]

What do you mean it opens them up..to what? If they don't earn enough and they need to consider settling. What's the problem with that? I am just looking for guidance myself. Thanks!

[@GovnaBuckingham]

@@d5078 I think his point was it opens you up to more potential credit. Like say you consolidate your credit cards with a loan and then you end up maxing out the credit cards again so now you have a 20k loan plus the maxed out credit cards where before all you had was the credit card debt.

[@CrossoutTube]

So right behavior is at the essence of it. I am 27 and15k in cc debt and never do i wanna be in this situation again. Not just behavior though circumstances and income.

[@TATNThisAintThatNetwork]

She is bringing home at least $5000 monthly. Her bills $1800 including private school. Add $1000 for food. She has 2k monthly leftover. Add a side hustle and she can put $2500 monthly towards CC debt

[@Wajz3]

Nah, she’s blowing that leftover money on something else and we don’t have the full story. She must have a really expensive guilty pleasure or addiction. Designer purses? Gambling? It’s something….

[@littlesongbird1]

@@Wajz3 Boyfriend?

[@katemiller7874]

Kids are expensive dummies

[@la9863]

I don’t think she’s bringing home $5K a month. Are you taking taxes/medical/SS into account?

[@bryantsmith1624]

$5000 a month. $1500 goes to credit cards, $500 to private school. $800 rent, $450 utilities. I'd bet her grocery bill is $1200. $100 Internet, $50 for cellphone. $60 for gas. I bet she also has a car payment she didn't think to mention. That puts her at $5000 easily.

[@Austinman49]

Her rent is $800 a month and she lives in Dallas,TX I call BS, I’m born and raised in TX and I was paying $800/a month back in 2011 lol

[@deepthinking8633]

Most likely roommates

[@LaTasha2224]

Lol! Right!

[@Constantlyevolvingagain]

@@jmoney4271what’s the apartment? Lol

[@danielfeemster7835]

Dave’s got a soft spot for single moms

[@ecouhig]

I think it’s because he’s seen some of them really kill it on a single income

[@dianawilliams8801]

and he knows that often the Dads aren't helping

[@la9863]

He definitely does. ❤️

[@scootsmcdoots80]

They give great sloppy that’s why

[@je2740]

😂

[@jimmymcgill6778]

Her expenses that she mentioned, does not add up to all of her pay.

[@striker1553]

Not at all. I pay out way more than that a monrh and still have some money leftover, oh and i make less than her. so....

[@TATNThisAintThatNetwork]

She possibly is receiving child support payments unaccounted for as well

[@Sexy40baby1]

Well he didn't allow her to tell all her bills and cost. Insurance? Food ? Internet?Subscriptions? Clothing? Cellphone? Household supplies? Grooming?

[@jimmymcgill6778]

@@Sexy40baby1 Still shouldn't add up to her whole income.

[@jimmymcgill6778]

@@Sexy40baby1 Yeah, he loves to cut people off.

[@darionmonson]

Ive been looking for a situation like this! So glad I found it! Most situations Ive heard is “more debt then income”. I too make more than what im in debt for

[@misshavisham1287]

Poor lady. Hope she gets out of it . I’m kind of in the same mess but no kid . Been in cc debt since I was 18 and I’m 46 with nothing saved . I pay all my bills but the interest just eats me alive

[@allisonbuchanan1090]

We’re really living off of credit cards due to inflation. My husband is a police offer and that should be enough but it’s not. We have a one year old. This is ridiculous. We are struggling so bad.

[@jbenz1990]

Sell the car -Dave

[@srs9973]

😮😮😮

[@carlaritchie331]

I love when they give FPU to help people after the call to ensure they have the support to walk through the journey. It can be life changing in a situation like this!

[@sebastiaanvandoorn3223]

FPU should be taught in primary school and in secondary school again, prepare winners not losers.

[@campbellhouse6569]

Cancel gym membership, Netflix, etc. It's amazing how much extras add up. Pack your own lunch. There are so many ways to save if you know where your money is going

[@j-soulfilms]

how about wifi services lol

[@jimroscovius]

Forget the private school. You can't afford it.

[@catherinewilke5583]

She’s obviously trying to compensate with the private school. It won’t work and she can’t afford it.

[@Puddingaming386]

Well, this one hit home for me! I've made some stupid decisions and I could be so much further along than I am. Telling myself no is tough! But! I have to do it for my future self!

[@ck3703]

Love to hear the faith component on this episode ❤️🙏🏻 what a blessing you are to SO MANY. ❤

[@gardenofe12]

She’s not telling the whole story. She makes $80k a year and lives pay to pay check??!! She’s been living the high life and now paying for it.

[@littleripper312]

Yea living beyond her salary for sure.

[@ironmantis25]

The Gov takes at least 20k of that, so she has 60k in take home salary. You minus living expenses, food and transportation and it's not a lot.

[@kbthegoat824]

@@ironmantis25 lets assume 20k was taken off, she spends 14,400 a year on rent and utilities....if she was to spend 1000 a month on food, that would be 12000 a year....6000 a year for her kid private school. She has more than 2000 a month even after all those expenses. Let's not mention the tax refund she's getting back as well. Sounds like you like to make excuses.

[@sanju-fv5yc]

Sth fishy here....

[@IBEtripz]

Yea cuz i make the same and im fine with plenty extra money

[@desertguy1362]

83k gross income and bills not including debt is like 2k a month what she spending her money on?

[@iKumala]

That's actually gross income of 6900+ a month.

[@TheOne-vf2yw]

69k minus 24k is 45k….. she has plenty of room to pay it off. Unless there is reckless spending

[@dummgelauft]

Shoes and latté

[@nightreader1264]

I retired and qualified for my pension. I went back and substituted full time to pay off my CC’s, build up my savings, and to purchase big items. I am not touching my TSA until I am 70. Pay off all of your debits, house, cars, and have money in the bank for property tax for at least 10 years before retiring. Working after retirement is for fun money and upgrades.

[@mattm597]

In a lot of these calls, I get the feeling we're hearing about HALF the story.

[@Waynzo-i3w]

I started watching Dave's videos after getting into a mess with credit cards, and it really does work, after a year or so my life started to change and I was in control of my money, financial freedom is an amazing feeling, it really is. I have savings for the first time in my life, but don't get me wrong it is fu**ing hard work at first, the self discipline involved is on the highest level.

[@stewart2898]

Dave’s like let me make sure you know your an idiot, okay great 👍

[@jamesbyerly766]

Hahaha I thought the same thing!!

[@dheins57]

🤣

[@evelinemorales22]

Misspelling “you’re” is also idiot

[@yarrdayarrdayarrda]

I see where she can save $550 a month right away....

[@TeodorSpiridon]

Yup, she does not make enough for the kid to go to private school. I bet there are other expenses that go along with that too. Sports are good for kids, but they are so expensive that they might not be viable for her son with her current financial situation.

[@atown27]

Agreed

[@AnovaLisaDragonfly]

My income is less than hers and I have my son in a private elementary school. For me, that’s a non-negotiable expense for a few reasons. None of them are to keep up with the Joneses. Public schools in cities nowadays aren’t what they used to be. I think the caller has a spending problem, purchasing consumables instead of paying bills, and then not knowing what happened to all her money by the end of the pay period.

[@GaryFowlerPiano]

Definitely, until she gets the mess cleaned up, she needs to pull little Jonny out of private school. He’ll survive

[@catherinewilke5583]

@@AnovaLisaDragonflyI could afford private school, and I sent all 6 kids to public school because that’s where their dad and I went. Private school is snobbery, pure and simple.

[@thejakelegion]

Katy talking to Katy! 😂

[@sorrygtfo]

"Hi Katy yes I'm good how are you?" What?

[@thejakelegion]

@@sorrygtfo I've heard it before. People get so focused on when they get added to the call that when Dave calls out their name, they respond with their own name. Kinda goofy but it does happen with these shows.

[@SladeBling]

Dave and his crew help so many people they should be given the Nobel Peace Prize. Dave helped me when I was a dumb 20 year old with tons of debt. Being in debt was an awful feeling, a feeling I will never go through again.

[@zxcvbnmmasdfghjkl]

I have about the same, funded our wedding however all the cards are on 0% interest for 18months and I have over 100k in total line available, so still under 30% utilization.

[@ErisstheGoddessofmanhwas]

It's sad that someone else must tell you those words so you can understand that you are in a bad financial situation and you must put yourself in a strict decision not to spend and save money .This is what WE OURSELVES MUST THINK not beg someone else help us .

[@chrissilveira8699]

I feel paying off the highest interest debt first.

[@andrea6053]

Dave really didn’t want to anger many of his listeners and tell this mom if you’re swimming in debt you can’t afford private school for your kids. Public school for a couple of years until you get out of debt then private if you can afford it.

[@georgemarshall5053]

Since I started watching your Show, I paid off two of four Credit Cards and was able to reduce the Limit on another Credit Card, but am intent on paying them all off. I ccancelled those two credit cards I paid off and I intend to keep one Card for the sake of being able to rent a car or book a hotel room.

[@JAMCLO]

I’m a single mom with a $75k income and what I’ve realized with my spending is that a lot of it is spending because of guilt of his dad not being there. Because I have a void I need to fill for Both of us, especially him and that’s what I see here with her sending her son to private school. It’s a need to give him those opportunities and know that she can provide just as well for him as her and the father could together. I bet she’s working a stressful job with long hours and still getting dinner on the table every night and getting her son to practice in the evenings. I understand you love and you’re not alone. 💙

[@martinezbiz]

material things for your kids doesn't make you a good parent. spending time with them, teaching them, and loving the crap out of them does

[@libertyvegan6686]

$83k is nothing with a kid. Easy to get in this woman's situation. Life is insanely expensive these days.

[@gregorypaine513]

BIDEN!

[@martinezbiz]

she needs to write down how much money she makes after tax every month. write down all essential bills. see if you have money left over. she is definitely buying things she don't need

[@libertyvegan6686]

@@martinezbiz You are too confident in your positions and your statements are based upon mountains of assumptions. The cost of living varies wildly across the country. It is entirely possible she is living below the poverty line on $83k gross depending on where she lives in the country. And that is without considering her unique circumstances which could very well be complex and nuanced. It is ok to be more humble and reserve judgement. We do not always need to be on the attack when it comes to others. We should be worried about our own lives and refrain from passing judgment on others. It is not our place or concern.

[@martinezbiz]

@@libertyvegan6686 80 thousand dollars is not poverty. Dave agrees with my opinion. She couldn't even tell him her bills total every month and her net income. I've seen tons of people buying thousand dollar phones that have no savings

[@tanyawallace3420]

Even in the roughest neighborhoods, you can't rent property for $800 in that city. I know because I pay $1000 for one bedroom in a neighborhood in that city & gunfire and speeding cars in the lowest income town in this city. Perhaps, she leaves with her parents or she has a roommate.

[@darlenepaul2934]

Great Call! Dave is the GOAT!!!!!!

[@jonsmith9728]

Gotta love dave callin ppl on their BS

[@MR3DDev]

Apparently Dave is now called Katie.

[@darlenepaul2934]

Lol...

[@aubreytraverse.]

Hahaha

[@l-train7876]

George was trying to keep a straight face lol

[@Mar.....O]

He needs to absolutely tell people to delete the credit cards off their phones and internet connection too.

[@yarrdayarrdayarrda]

She's living on uber eats a half dozen times a week guaranteed!!!

[@taylorsmith9629]

How do you know?

[@Wajz3]

@@taylorsmith9629 Where else does a leftover 2k a month go? It’s got to be going towards something stupid.

[@TAnimations]

@@taylorsmith9629 There's absolutely no way with her solid income and low monthly expenses that she somehow gained enormous debt and is obviously spending even more than she makes. Americans love spending money on things absolutely unnecessary because we live in an extremely privileged society where the average adult has lots of spending money on their hands, even if it's borrowing money.

[@cicada3312]

After watching Dave, had about 6k in cc debt paid it all off. I have 7k left in personal loan, I need that gone, stopped everything and I am going to kick that pl to 0, I have paid 1k in interest so far.

[@brandonmason5017]

Even if you cut up all your cards and you still have $300 minimum payments on all your cards it's still basically sometimes impossible to get out

[@leeling555]

Dear Ramsey, your encouragement words make my day. You have no idea how they inspire people around the world. Thank you, may god bless you. Amen

[@summerforever6736]

give me a brake

[@AC-zl7js]

@@summerforever6736 Disc or drum?

[@PinkInTheDiamonds]

She said she makes 83 GROSS not net. I wonder how much she makes net? And $800 for rent? Extremely cheap!

[@esterdrass4964]

It's a whole mental thing, to pay off debt. To not use cc's unless its dire. Something is on sale and too good to be true purchase and you buy it, thinking how much you have saved. BUT training the mind to think that that purchase is just going to put you that much more into debt. To imagine the numbers in your bank account going up and the numbers of your cc balances going down...every single time you want to buy something. Its really nice when you change like that, when you look at things as a financial burden rather than a must have.

[@SilverFan21k]

Got to respect her for being honest.

[@billb945]

Probably living like one of my nieces. Buys supper on the way home already cooked ready to go and a bunch of junk food on the second stop. Spending hundreds on food a week instead of 50 or 60 bucks. What's weird is she knows why she's broke at the end of the month but thinks this is acceptable because her mom lived the exact same way.

[@tristan2332]

It's really crazy how people can't cook and really have to depend on grubhub and such to survive.

[@reese85]

What are you buying from the grocery store, that only cost you 50-60 bucks a week? I’ll go thru that in 2-3 days tops

[@Ka_Gg]

"It's a..family tradition "

[@MarksTournaments]

@@reese85 that’s too much bro. All I eat is beef and rice and occasionally fast food

[@90kevin20]

@@reese85 meh you could easily do 60 a week. Just can't be eating steak.

[@keerthiragh]

I hope she’s doing great!!!

[@switchbladeromance1466]

She spent $27k on left handed puppetry accessories 🤣🇬🇧😚...or she has a shoe sniffing addiction 🤭

[@carrie7641]

I need to be patient and trust the process..i decided enough....i have to get over the fact its not going to happen right away...to not give up

[@jmartine]

Odd that he didn't say "Yea" or "Nay" on the private school. That's a big expense, and he neither told her to take her son out of private school or leave him in. I really wanted to hear his opinion on that one.

[@GaryFowlerPiano]

Same here. “Pull the kid put of private school” should have been one of the first pieces of advice to come out of Dave Ramsey’s mouth.

[@ryandwyer4940]

Depends where she lives in Dallas. A lot of unsafe public schools in the area

[@gamingphone7201]

Depends on if you value some of the most important developmental years of your child over some credit card debt that barely matters in her situation. Public schools can be horrible places to send you kids depending on the school

[@redfox_84]

private school 🤣

[@Winston0Boogie]

I wonder if there is a way to revisit these people and see how many followed through the baby steps.

[@mayangoddess9949]

I have NO CREDIT CARDS. Even though one was offered to me recently, I haven't any need for it. So it's inside my wallet...and it will stay there.

[@csmedia1235]

Before you make a big financial decision, think, "What would Dave Do?" lol

[@sassasins031]

I am shocked! Shocked! Well, not that shocked.

[@tcshy1903]

I had more than that. I got a second job and worked my butt off to pay it off. It was HARD!!! It was such torture that I will never get in that mess again. It took big payments or it didn't look like it was budging. $200 a month won't cut it.

[@leedchristensen]

450 for utilities??? Wow

[@phillips9945]

I thought the same thing. That’s way too high or she’s exaggerating. What’s she doing, leaving the water, lights, and stove on all day?

[@jamesstanton3280]

TX air conditioner lol

[@jamesst.patrick7084]

Serious question. If I’ve read correct. Everything negative falls off your credit after 7 years. With that being said why worry about paying it??

[@AZnanTrucking]

I’m in the EXACT same situation.

[@aguyandhiscomputer]

Weird segment. Dave is all excited and fired up and the caller sounds half asleep.

[@kayn2756]

This lady is in some serious denial. Her bills are so small compared to income. How is she in so much debt? Any secret habits or addiction?

[@Ka_Gg]

She definitely blows a lot and still not ready to accept it. She just blames it on transferring to a different job. Until she is honest about it, nothing will change.

[@radfoo72]

Lady has $27k of debt and George says "We're going to send you every dollar"🤣🤣🤣

[@BrittanieRaynor]

Isn't that the budgeting app?

[@tricktaylor]

So I'm $200k 😂 law school debt and im not a lawyer... 27k hahaha

[@bsandoval19]

Damn man thats tough

[@lis9290]

Yikes and I’m sweating buckets over here with 60k nvm lol

[@martinezbiz]

thats your own fault. why would you pay that much for school. that would have been a big house a couple years ago

[@Arroyoruiz]

I had about $20k in unsecured debt. Was able to get a personal loan and now paying $500 a month for 5 years to pay it off. Got rid of all my credit cards except one my apple card just to be able to balance myself financially each month!

[@Thatdude-tp7xs]

Damn thats a extra 10 gs pay that off as quick as possible how much is the rate on the loan who was the lender

[@monicagarcia-gregory3454]

I need to see what bank would loan me a good chunk

[@countdown2xstacy]

“Katy Lies You could see it in her eyes But imagine my surprise when I saw you “

[@DebtFreeDad]

💀💀☠️$10 dollars left she has no budget