I Have Over $100,000 in Debt and I Need Advice!

I Have Over $100,000 in Debt and I Need Advice!
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[@PInk77W1]

I’m a high school drop out My highest cc balance was $27.5k I was homeless for 8yrs paying child support and living in my car. Now I have my house paid off and zero cc balance and zero debt. Thx Dave

[@anaa03899]

Excellent job👌👌

[@PInk77W1]

@@anaa03899 Yeah I’m pretty happy

[@Eddy-my3zf]

@Him Bike How did you survive being homeless for eight years? Any advice

[@charlies.5777]

How'd you make that happen??!!

[@TonyMaine915]

That would be one Amazing story to tell!

[@mars2459]

Because of this show, i am more financially aware. Pd off my student loans, my car loan, now just my cc debt. Will be debt free in less than a year!!! No mortgage coz im still young. Just renting for now. And thinking of getting my first home once i’m debt free! 😊 lets do this!

[@scotttracy9333]

Good, keep on the track as life progresses

[@bamafencer12]

Same boat! We got this! 😊

[@elizabethpalu2447]

Well done 👏👏

[@merriem24]

I know what he feels. I’m on baby step #2 also. You get so exhausted from paying off huge chunks of your debt that it can actually kill a little of your morale, especially when you look up and there’s still so much left. KEEP PUSHING!

[@x-fatboylifestyle589]

IM ROOTING FOR THAT CALLER. he won’t be satisfied until he’s completely out of debt. Guys like him don’t celebrate the small victories. The only thing he wants to celebrate is being at the finish line. KEEP FIGHTING CHAMP 🏆

[@regb6989]

Sounds like his motivation is his ex wife, not being debt free. Don’t look for her validation.

[@electricbeing993]

Agreed

[@vashtibascombe701]

I was thinking the same thing. He’s hoping that they can get back together if she sees him paying that debt down

[@twincherry4958]

@@vashtibascombe701 🤣🤣🤣

[@twincherry4958]

Guy said 'we' lol real simp.

[@texan903]

@@vashtibascombe701 If he knows what's best for himself, he will never be debt free by taking back an ex wife.

[@nathanbishop1999]

Dave is the best! He is a very smart guy and an inspiration. Listen to him people

[@jfresh2054]

He's okay.

[@nathanbishop1999]

@@jfresh2054 say that to his net worth 😂

[@jmc8076]

As are many of the callers who’ve gone through incredibly tough situations and either pulled themselves out or in the process against huge odds one sml step at a time. They’re just as or a few even more inspirational. We’re all just human and learn from each other.

[@mosesyang4222]

He tells couples to have 30 kids on 100,000k debt...how smart is that?

[@vickieclark5931]

@@mosesyang4222 I'm not sure which segment you are referring to. I've never heard him say that.

[@electricbeing993]

Man i knew the problem wasnt his money, it was that he had no support system. Thanks Dave for encouraging him to join a community away from his ex wife. He needs to be able to self validate himself and find who he is away from her and that will help him gain confidence. Some women wont put down the materialism to see their husband/man succeed even thru a crisis. Im a woman and and I dont even understand that logic. Yet sometimes thats all it is blocking you from succeeding, a greedy self serving wife. Find u a wife that wants to see u win, willing to cheer u on when u fall.and get back up and u will never go wrong. We are out here fellas and when u find her hold onto her.

[@polyglotsjourney]

The most amazing thing that Dave does all the time is simplifying things and finding the easiest possible solution to the problem. People are usually not aware of the solution even though it is right in front of their nose. That's why the advice of the expert might often be a real fortune.

[@GojoTheHonoredOne9]

I just got 10,000 in debt for the sake of my business getting to the next step in scaling. Never been this deep in debt and i have even more empathy for those in high debt situations seeking to get out. It can def feel like an uphill battle

[@GreggoryThorpe]

I can’t even fathom the stress that 100k of debt would bring

[@drunclecookie216]

between 3 cars, 1 boat, and my mortgage I've been paying on $128,000 since 2005. Right now I owe $18,900. In 2005 our household income was only $40,000 and now it's $96,000. I plan on paying the boat off by June, then the house will be paid off by November 2023 with minimum payments when the original loan wasn't up until 2035.

[@riverdaletales8457]

It brings lost of hair by age 26

[@CytotoxicTrev]

For real, I would be sounding just as depressed. Lol

[@foodlover8078]

I was once at $30,000 and that was stressful

[@MJ_Solo]

I practically had a nervous breakdown from 10k debt, lol

[@mikezerker6925]

I paid off student loans and cars by putting $4000 per month towards the debt... was able to clear that in 3 yrs... also just paid off my house snd now using that $4k to save and invest! It CAN be done!!

[@dabd8175]

Aye I'm from Fargo too. Hard working men up here in ND. Craig sound like one of those guys. He'll make it just takes time

[@moneybee]

I saw Fargo had the leading spot in Forbes' "Best Places to Retire List"! Certainly seems like a great city and somewhere I need to check out (ideally in the summer at least).

[@drunclecookie216]

it took me 15 years to pay off $109k, but that was going from a $40k/year household income to $96k over 15 years. I still owe $18,900

[@EarlyBirdCraft]

Is oil boom still going strong over there?

[@dabd8175]

@@EarlyBirdCraft idk not involved in oil

[@grlamont]

He owns his emotions, nobody else can make him feel good about the good he is doing.

[@yourhomeisyourbusiness2221]

Do you think he really wants to get back together with his ex, and that is the cause of his depressed affect? He sees now that he can begin to manage money, and the cause of his marriage breaking up was totally preventable.

[@random-nz7dy]

Probably. Can you really blame him? A divorce is one of the hardest things to go through and if you were married for any reasonable length of time it's always going to be hard to completely in 100% move off of that person. I think that's why he's said at the beginning of the call he is trying to focus on doing it for his kids

[@djpuplex]

How much you wanna bet the kids mother ain't paying a dime.

[@scotttracy9333]

I'm not taking that bet

[@MochaHammy]

Nah

[@mosesyang4222]

Dave doesn't care...from his mouth to God "Kids don't cost anything they eat what you eat" direct quote

[@ES1Baller]

0, because that’s facts but if it was the other way around the man would have to pay

[@MochaHammy]

@@ES1Baller it depends on the income too. Not just gender. For example Adelle lost 75% of her worth to her ex husband

[@Ryan_DeWitt]

That's like when people come to me and said, I know you gave me a diet plan but I'm not doing it and not losing weight. You either do it or you don't. This guy is listening to Dave, but not hearing him.

[@Itsmikebitch]

Nobody can get fired you up like Dave! Absolutely Amazing ❤️

[@leadnsteel1428]

Sometimes you just get burnt out... I had that too when I was paying it off... i just have a small car loan now but not much left

[@DrThunder2004]

You can do it. Think of how great it will be to have that off your back!

[@riverdaletales8457]

Best way to not burn out is to not go into debt .

[@leadnsteel1428]

@@riverdaletales8457 I learned my lesson will never do it again

[@1.5Koreans0.5American]

I don’t have debt but since my dad paid for my tuition. I should pay him back.

[@riverdaletales8457]

If he’s okay with that sure but if it was a gift then no.

[@akajiblubb2401]

You spam every single Video of every youtuber.

[@DanielMose-s7e]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@Bestjudy001]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@DanielMose-s7e]

@@Bestjudy001 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@Bestjudy001]

@@DanielMose-s7e Oh please I’d love that. Thanks!

[@DanielMose-s7e]

@@Bestjudy001 Clementina Abate Russo is her name

[@DanielMose-s7e]

Lookup with her name on the webpage.

[@NaNa-lt1po]

Love how dave waited patiently for him to complete and then pumped him up real good 👍

[@morganbarber5009]

Working hard and making an “extra” 4K a month and then having to give it BACK might be somewhat depressing lol then he’s facing a divorce that he obviously regrets. This man is self reflecting and having a sense of self awareness that he made mistakes in his marriage that contributed to his divorce. Go through the emotions but don’t attach to them bud. Emotions are like clouds ☁️ they’re just passing us by. Work on yourself and whatever is meant to be will always be.

[@nathanbishop1999]

Be smart with your money people

[@fsmoura]

1:20 Lol Dave's face . . . he's not buying it 😂

[@charlies.5777]

I love that Dave dropped a "woopty-doopty" !!

[@barryumiami]

I paid off $4,000 per month, or $16,000 in 4 months on making $65,000 a year.

[@zirks301]

You can hear the defeat in his voice. How sad

[@D4Gamerz]

Sounds like this guy didn't call in for advice but more for a therapy session. If Dave hadn't stopped him about his wife he would've went on forever, asking if she'd take him back. 😂

[@sahadamusah2193]

😂

[@BlueStreak706]

Hahaha true. The dude blocked out everything Dave said until Dave hit the mute button.

[@trancendental5373]

True

[@derekwells4856]

Firing a pregnant woman for not being married? Wow Ramsey. Lost all my respect. My girlfriend and I aren’t married and have a 5 year old daughter, we work your baby steps and have been doing so successfully for a year now. Unreal.

[@DougAlesUSA]

True story: Years ago, I was traveling through Fargo when my company car got a flat tire. Wanting to not ruin my suit, I called a tow truck to swap the tire with the spare. I asked the tow truck driver if he takes AAA. He replied “Oh you betcha, I just came from AA ah?”

[@derekrank4572]

cant believe some of the good money high incomes these people have yet they cant manage the money..they have thousands of dollars in debt.i make less then $35,000 i have no debt accept $360 on a visa card. im actually better off then half the people that make 3 times the money i do.

[@setha360]

Bankrupt making 100k a year, living the American dream!

[@BlueStreak706]

He makes negative 100k a year, 200k salary but 100k in debt means his income is NEGATIVE 100k. This caller is annoying. NEXT!

[@DrThunder2004]

​@@BlueStreak706 That is not how you calculate income. Debt gets calculated against your networth not your income. it sounds like he has had this debt build up over time not generated all of it this year.

[@BlueStreak706]

@@DrThunder2004 you’re right. I was just making a joke, bc I’m sick and tired of high income earners who always whining about debt. I never made over 100k a year, but never had car notes or credit card debts. Still can live the dream within your means.

[@jmc8076]

Learn the lesson and move fwd. We can’t change the past or anyone only us. Life can be tough and deal some hard lessons. Either rise up to meet it and choose to do better...or don’t. Our choice. Best to the caller.

[@rukenoral5315]

My husband and I are on track to pay off our mortgage..so happy we work together on finances.

[@ttr8141]

He should do what I did: I got a debt tracker printout and put it on my wall. Colored in my progress as I went. $4k a month should make finish a little over 2 years.

[@Big-Government-Is-The-Problem]

a debt breakdown would have been nice. was it 100k in credit card debt? if so thats insane

[@sharonfleshman6961]

Yes. House? Different. School loans? Different. Car loan? Different. None of it is good but there are different things you can do for each one.

[@Dr.C_Stag]

Forget your ex-wife. She is your ex for a reason. Her opinion matters 0.00%. Do this for you. For your kids. And for YOUR future. You got this brother. 💪🏻

[@LS-vb6kt]

hahahahaha i love this. Daves facial reaction is priceless lol

[@PInk77W1]

He needs momentum

[@maureen8745]

Nothing like being coached by Dave Ramsey & his crew!

[@GastrologChef]

Nice video! What about FBC13 algorithm review?

[@TheePrettyGirlSwag]

Of topic but Fargo Season 4 was really good.

[@deepikavijai8859]

You are fabulous sir.. God bless you for all your great service

[@yamamancha]

Hey Craig, I know the world seems heavy now because, you know, you're broke, the holidays are coming up, and there's shame in not being able to "enjoy" the holidays without using credit cards or going further into debt. HOWEVER, you need to stop, look at the numbers, and realize you're killing it! The second thing you need to realize is that it's okay to take 2 years off from American peer-pressure driven consumerism to get your life on track. Single dad? Learn a cookie recipe! Learn a pizza recipe! Make the next few holidays about creating something with your kid(s). I want you to take whatever you were budgeting for Christmas, and cut that in half. That's now your budget for the holidays! I don't care if it's $50 or $5, you can make some wonderful memories. It's about valuing time, appreciating you accomplishments or newfound devotion to improve, and looking forward to where you'll be in 3 years: Debt free, full emergency fund, and on your way to investing towards your future!

[@nathanplank5606]

4K to debt in 3 months like wish I could earn 4K a month

[@bradleymaravalli2851]

Join the Baby Steps group on Facebook man! We will gladly cheer your on.

[@rjhjjhjr5523]

The man sounded like he was fibbin about the 12g to not sound like such a deadbeat. His main problem is not his debt but his spending habits. When he downplayed his debt by saying most people have it yes. But 100k of credit card debt is not the normal.

[@Rashaadthegr8]

He might not be excited because it's still there. I'm not making over 100K yet but as long as the bully there you're not going be happy.

[@kimberlyturner820]

Agreed. Although I do celebrate the small victories.

[@Rashaadthegr8]

@@kimberlyturner820 true but sometimes u just celebrated better when the game is over while sr do touch down dances after everything touchdown.

[@ONLY1KUDWE]

I think that's 3 callers in history to call Dave, David lol.

[@riverdaletales8457]

🤣

[@cutehumor]

He is miserable on the rice and beans diet!

[@CaseyBurnsInvesting]

Apply Money Directly to the debt.

[@lifeisgood070]

The problem here is not the debt. The problem is the meaning of life. Or being free enough to spend time on things of meaning. When he is debt free ask him about his life goals... what are they? Sounds like there is not something "Meaningful" in his own eyes to look forward to.

[@lifeisgood070]

He needs to find something that is meaningful to him. He is currently realizing right now that money provides no meaning. Being in debt or not being in debt we all die. If in either scenario you cannot spend your time on things that you enjoy - WHATEVER that is - then the depression sets in. & yes theoretically you should be in more control of your time being debt free. Not necessarily true. You could have more free time taking out a 50k loan and then moving back to your family in africa where there are no debt collectors. You might be in massive debt, but have more freedom that way and more meaning in your life that way. It all depends.

[@harryseeward6512]

Nice ad from American Express

[@valtterialho9174]

I love these videos

[@valtterialho9174]

@Alice Monkey okr

[@clarifyingquestions]

What is the definition of a single parent. The caller "s kids have a mom and he gets along with her which suggests co parenting. How does this make a parent a single parent. A widow is a single parent or if the other parent does not contribute anything at all ie missing in action... but how can you be a single parent if you are co parenting or co fighting etc

[@themontephone875]

Why show mistakes? Why not show progress?

[@nettediaries1985]

Thanks i knew about Michael Hill! He was my professor in Oxford and told us about FBC13 algorithm!

[@Ja50nkAt]

I always thought it odd gov't will loan kids, 18yo is a kid, hundreds of thousands of dollars with no job guarantee at the end then have to pay it back with after tax income, you'd think you'd get a tax break.

[@fsmoura]

Guy's doomed, I can hear it in his voice. 100% probability of bankruptcy soon.

[@JK20239]

He makes 200k. With a debt of 100k. He can live off of 100k. Throw 50k at the debt and be done in 2 or 3... he will be OK.

[@ADTheAwesome]

@@JK20239 consider taxes too tho

[@drunclecookie216]

@@JK20239 yeah, no kidding.... I paid off $109k over 15 years starting from a $40k household income gradually building to $96k household income today. I only owe $18,900 now.

[@JK20239]

@@ADTheAwesome I did. 200k after taxes. 150k. Live on 100k and throw 50k at the debt. If he's progressive. Live on 75k and throw 75k at the debt and be done in 2

[@Brovillion559]

Once the debt is gone, life changes big time

[@themontephone875]

Yeah attack the numbers...

[@Shiznit304]

that caller's pauses in speech

[@youngtimer964]

Painful

[@youngtimer964]

Gosh this is hard to listen to

[@DougAlesUSA]

And for what? For a little bit of money. There’s more to life than a little bit of money you know. Don’cha know dat? And here you are. And it’s a beautiful day...

[@whateverrobot7162]

I first watched Dave when I was in school & 17 years old. I have been going through life without debt ever.

[@mariaking7376]

Sorry but I've known people like this (no offence my friend) there's no answer to anything, you suggest solutions and try to encourage them but nothing seems to work. ..they say "I tried that but...." and after a while you get exhausted by them and frustrated, and you give up trying to help them, sadly.

[@jeep19]

Dave sounded a Lil bit like Tigger...

[@snail2734]

How can I contact Dave? I’m in kind of a crisis / need financial advice.

[@musicpro7278]

How do I get a call with them i have some questions

[@paulnightwolf9043]

There's a reason she's your ex never look back 😏

[@kaylartelevizyon7580]

FBC13 algorithm is my choice, i dont worry about BTC rates at all

[@twincherry4958]

'We?'

[@00Noontide]

He's emotionally drowned because of the divorce. Good energy guys!

[@vanguardvaluist2614]

Care about what someone else thinks and you will always be their prisoner. Ex-wives included.

[@fsmoura]

In for a penny, in for a pound-see if you can get approved for some high-limit credit cards. 👌

[@paulnightwolf9043]

When in doubt chapter 7 out 😏

[@Gus_Chiggins]

Craig...

[@cansu_anti]

LOL FBC13 algorithm fund everywhere :D

[@exxology1]

I wish they talked to this guy a little longer...

[@farkedilmemm2272]

is there really still a person who does not know about the existence of FBC13 algorithm?

[@keithashleygarces9140]

Nice try, but read about FBC13 algorithm first

[@TheTurdballs420]

I saved a ton of money by switching my car insurance to Geico. Maybe this guy should look into it

[@ThePooppantsman]

I just started driving with no insurance and I save loads.

[@BlueStreak706]

Hahaha good one. He’s in the twilight zone.

[@dipsomaniac124]

I saved even more by driving around with absolutely no car insurance. So now y’all have to increase your underinsured coverage

[@yusufsmother]

I'm paying wayyy too much through Geico. I need something else.

[@random-nz7dy]

How much do you save and how long did it take? Ultimately I love not to spend more than 15 minutes and I'd like to save at least 15% but I'm just not sure that that's doable

[@havuckofp]

Yolo Wallstreetbets

[@deerinheadlights9784]

This is so good.

[@heybroswepros5566]

Yes Yes! Read everything, and then say that you did not know about FBC13 algorithm!

[@Vdx.liftss]

Why watch all these forecasts!? Read about FBC13 algorithm

[@lv5310]

He really didn't say much lol....

[@RobTzu]

I need advice. Advice and a $100,000.

[@Jeff77398]

Ummm $100000 a year? Live on $50000? Am I missing something? People who have this debt in the comment section; can you speak to this? What exactly is the excuse?

[@yusufsmother]

That money can go very fast. He has children. It also depends on where he lives ( some places are ridiculous in cost) and if he jobs requires him to stay in that area. He could child support, alimony, taxes are killer if you own a business, college debt etc. Also if he owes that money to the government they could be garnishing and maybe that's why he's not thrilled. He just has to live off the rest after taxes.

[@sami-9233]

Might be as simple as he is lying about it as he also says that the 100 k is not fully confirmed income and with the virus going on also..makes things more complicated

[@mr.pirateofgangstermovies3534]

Why worry about cryptocurrency quotes if there is FBC13 algorithm!?

[@theysaidaboutthewoman8896]

Guys, you are tired, before doing reviews, you first read about FBC13 algorithm

[@cole1219]

Wow

[@ramenman_73]

Why watch all these quotes!? Read about FBC13 algorithm

[@makomako651]

Why watch cryptocurrency price forecasts and waste your time if there is an FBC13 algorithm?

[@sarayshaik2436]

FBC13 algorithm is the best, there is no point in arguing with this

[@lolcukardesler9702]

FBC13 algorithm everywhere :D

[@1yudumvotkaa142]

Why are you watching this!? Read about the FBC13 algorithm!

[@baransirat1960]

Pray for FBC13 algorithm!

[@JogBird]

blah blah blah

[@johnmirbach2338]

😁✌🖖👌👍😎