I'm 29 Years Old With Nearly $1,000,000 In Debt!

[@TheRamseyShow]

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[@alimajrashi8094]

Ali was

[@dcabral00]

Hi Mr. Ramsey. I feel like I am in the worst situation. I don't have this any debt, but I am 45 Years old, with 29k in savings, making 56k a year, but living in NYC where I can't find an apartment to live by myself, and I desperately want to. Right now, I live with my mother, who is a horrible hoarder, and overall a terrible person. I am dying emotionally, mentally, and spiritually living with her.

[@tjw1861]

D Cabral if you are single you can’t try share accomodation for a while?

[@jaybrown3953]

Stopped watching dave, 15 second commercials I can live without

[@michaela3681]

Tt

[@sean3533]

Remember, these are the people we look at and say "I wish I had their car, job, house etc". Don't envy before we know the whole story.

[@annonymsurfer3189]

Because there are no rich people that are wise enough to not be in debt?

[@sean3533]

@@annonymsurfer3189 Those exist also. I'm just saying going into debt to match your neighbors apparent level of wealth is silly.

[@annonymsurfer3189]

Agreed.

[@greenAbbot]

Yuan Gan, I don't really know what "most" people do, but it's not exactly a random sampling of people who call into a financial advice talk show for advice. "Hey Dave, I have no debt and $2 mil and I'm trying to decide whether I can buy a sandwich."

[@phoenixcoleman7777]

Oh I love my position over these lecture bums

[@edkennedy7952]

Suddenly my financial situation is ok.

[@MaiProject2024]

Same here...

[@kalanix51]

Yup I’m feeling good right now haha

[@ErrorPagenotFound-ig1cy]

Ed Kennedy hahahahahaha

[@infinite_1301]

Right lol!!

[@antdx316]

same, but if we are factor in.... nvm

[@nextari]

The homeless guy on their corner is $1 Million Dollars richer than they are.

[@ItzCharlemagne]

Debt has nothing to do with net worth... a lot of people who work in real estate have a lot of debt but they pay each month and make cash flow on that debt. It’s called leveraging. People make debt seem bad but it’s not as long as you reach the monthly minimum and if you’re paying your mortgages.

[@nextari]

@@ItzCharlemagne did you even watch the video? 800k in non-mortgage debt. insane.

[@ItzCharlemagne]

nextari Ik but I was making a point about leveraging debt I’m not disagreeing with you.

[@quotenfisch1433]

@@ItzCharlemagne Your response still was completely out of context :D

[@ItzCharlemagne]

Quotenfisch it’s not out of context text.. anyone in real estate would complete understand how money really works.

[@earthling1984]

Wow. This call is the example of "buy whatever I want with credit and debt and worry about it later". 1 million by 30ish? Crazy.

[@DTMJR1987]

I did that with $10k in my early 20's and thought the world was ending. Starting at $1mil in high interest debt at 30 is pathetic though; hard to feel any sympathy at all.

[@turtleanton6539]

Indeed

[@iloname5007]

Sold their lives for house, cars and education that does not allow to live without debts

[@EOpsalm91]

Scary!

[@6ohTreez]

Whenever I feel poor I just watch videos like these

[@kidneycarecoaching3766]

seth 603 me too, Wow I feel so smart...

[@ItsJustEric1]

Omg it really does make you feel better 😂

[@JulioCNY]

@@kidneycarecoaching3766 me too

[@JulioCNY]

@@ItsJustEric1 agreed

[@bannerrj41]

seth 603 I couldn’t say it any better

[@JB-tr2un]

They're negative millionaires.

[@thegolfbois1350]

J B 😂😂😂😂

[@cyndidoll1896]

🤣🤣🤣😭

[@Kado_Tornado]

They’re erianoillims!

[@djoumaydorlean6372]

😫😫😁

[@eddyvideostar]

JB: No they're not: They still have their high degrees, their house, new car, jobs, and a full belly, and lots of time to pay it off in dribs and drabs. At this moment, they are N millionaires, and the N doesn't stand for negative!!

[@arshiyaa5765]

I wish they had a "Where are they now" segment.

[@cristianruano8678]

The world may never know...

[@Omikoshi78]

My money is on bankruptcy followed by a divorce. It requires a ton of discipline to downgrade ones lifestyle. If they obliviously accumulated 1million in debt at 29, they have a problems that transcend finance that they need to work through first. Eg therapy.

[@JK20239]

@@Omikoshi78 they still have 335k in student loans. Cant discharge those in bankruptcy....lol

[@janisianjusino9961]

@@JK20239 I just got my bankruptcy discharged and my student loan got erased

[@clublulu399]

I know. I have a feeling they stuck to it for a while, but tripped and fell into an even deeper sinkhole. 2 mil.

[@metaltera86]

This is basically the most popular Ramsey video and caller. I would love to hear a follow up on this call. I truly hope this couple followed Dave’s advice

[@brendalabranche365]

..or if they broke up

[@TheCheweeRevolutions]

Imagine having to make a million in order to become broke

[@edkennedy7952]

lol, don't get any "smarter" than that!

[@Patchuchan]

More than that the interest on student loans can be worse than what you'd typically see on a home or car loan.

[@NoellaNix]

Thats so sad. . And i thought my 5k debt was horrific

[@rkalla]

LOL well put - that's insane.

[@kimbrodersen5075]

Barney what a genius way to put it, definitely gonna steal that😂

[@corygall2340]

I only have 5 $ dollars to my name and am still richer

[@investmentfuturefinances5527]

😯

[@pamelacarney4595]

😎

[@MoneyMan28]

you don't make $230k per year

[@TheKillLeader]

Money guy ironic that your name is ‘Money Guy’.

[@hillary96renteria82]

Money guy I doesn’t matter. They owe MORE that their entire yearly income

[@sixteen.candles.4644]

If im ever 1 million in debt.. Im faking my own death.

[@Doriesep6622]

Mine won't be fake.

[@JessicaHicks]

I’d have to have a trillion dollar income

[@EastCoastReefer]

Mine won't be fake either. My wife (and kids) will keep it real.

[@vwalker58]

😂😂

[@GoodKarma1020]

Lol 😂

[@Trev_Swen]

And I thought my credit card of 3,500.00 was hard to pay off. Good luck to these young couple. Hope you two are able to come on top 🙏

[@Already100]

Right me too😂🎉😅

[@michaelcarlson1208]

Did you pay off your 3,500.00 credit card debt?

[@quinnettsooreal3169]

Same😫whew!

[@lucrichard3662]

The worst part is it is... I'm living no lifestyle making decent pay and I've only paid 3200, about 1/4 of the way there.

[@abigailloar956]

Right? I was mad mine got up to$800

[@rippedreaper7279]

If I ever owed $1 million, I'm booking me a one way flight to Afghanistan and hiding in the caves with the Taliban.

[@reinhart482]

The entire military base will be laughing when they hear this ^ prisoner's story!!! :)

[@carlitot5388]

😂😂😂😂ctfu funny man

[@LiveLaughLove1101]

😂🤣😂🤣🤣

[@thekulture5168]

🤣🤣🤣🤣🤣🤣🤣🤣🤣

[@mohamedsharif743]

😂

[@Lojickz]

We’re all trying to get to $1 million for retirement. Imagine having to accumulate that much just to get back to 0.

[@michellerichardson3090]

For real. I haven't even made a million throughout all the years of me working

[@scottmorgan5419]

Amazing

[@hassu2149]

I'm gonna faint

[@pascalg1656]

Just $1m?

[@jar7636]

You can't retire on $1M

[@amandav8112]

This is the scariest show I have ever seen in my life

[@georgeross6304]

scariest? Really?If you are in Washington DC circle, you will know a lot of people like this.

[@dondressel4802]

Yes but it always makes you feel better about your own situation

[@shazz286]

This is my financial Jerry Springer

[@52andattitude48]

shazz286 Well put!

[@pkal244]

@@georgeross6304 agreed. DC is a fairly small city surrounded by vanilla suburban sprawl. It's small enough where there's a "keep up with the Jones'" mentality, more than you would think compared to bigger cities. I tried living there for a year and a half early in my career and met tons of people like the couple above. Nice enough locals but I was bored out of my mind.

[@maryallen1017]

I watched this again for the second time. This was 4 years ago. I truly hope this couple made it through their marriage while getting out of all that debt. I can't even imagine starting a new marriage life with all that debt. Stressful to the Max! I hope they took your advice Dave. You were very kind to her.

[@dianajimenez3337]

If I had to bet I’d say they filed for bankruptcy. This is a HUGE lifestyle change, I kinda don’t they made it

[@rob879]

An MBA that walks around with $100k credit card debt. These are the same types of people who say anyone who doesn't have a college education is an idiot.

[@ExperiencedGhost]

true... very true.

[@thecastle09]

and they hate the potus,.....lol

[@Chelle-kd1po]

Thank you! I was thinking the same thing. She loved saying, "We both have ADVANCED DEGREES..."

[@night2102]

I have an MBA and don't act as they do. I also do not have any debt.

[@mrgallbladder]

They also make our policy, which is the scariest part.

[@nio731]

Lesson for everyone; education is not the same as intelligence

[@dr.bradshaw]

You don’t even need to be intelligent to know their decisions were completely insane.

[@MarionetteMuse]

Amen!

[@LeadMunitions]

Well said!

[@nathanmusic5657]

Lesson is degrees don’t mean anything

[@MikaelMikaelMikael]

No, you have it wrong. Intelligence and managing your money are two completely separate things.

[@johnsnowwww]

My $20k student debt seems like a blessing now

[@yekaneast]

My 30k in student loan debt sounds like a slightly worse blessing, but still a blessing.

[@quelquun2018]

@@yekaneast what did you major in?

[@yekaneast]

@@quelquun2018 Business, like an idiot. Currently self learning to program.

[@Tttggggggg]

Glitch Modulator ouches

[@yekaneast]

@@Tttggggggg I have like 8-9 grand invested, and another 7 ish in my account (mostly savings) and I've paid off all the interest and 1000 of the principle of my student loans. I've also been raising my credit score. I'm on a good path, just need a career.

[@jasoncoomer1226]

Caller: We are bad with money Dave: Where do you work? Caller: For the government *Everything now makes sense*

[@awalker8371]

That’s me 😩

[@ashleenicole71]

😂😂😂😂yup

[@JagVentures]

I’m British and I totally agree with this 😂

[@mikepga1]

😂

[@chrisbennett2374]

😂😂😂

[@harrisonwintergreen1147]

advanced degree in government policy and spending far more than they earn. How fitting.

[@Answers721]

She should run for Congress.

[@mickyunit]

I hope they don't wiggle into political positions 😒

[@poodlegirl55]

They found the right career lol!!

[@mr.richard3109]

comment of the year 😂😂

[@bigdogboos1]

i'm surprised he didn't say something about that irony haha

[@mohnjayer]

My dude has an MBA and $136,000 in credit card debt. Where did he get that MBA from? Clown college?

[@bill1682]

Commenter McCommentFace 😂

[@sandyxloredo]

Comment of the year 😂😂

[@Jj-uw3ck]

That’s what happens when u just don’t care now he’s married and reality is setting in. They need to follow his advice. ASAP

[@Kells7928]

😂😂😂😂

[@Tonyrg1988]

clowns arent this financially irresponsible

[@eyobbaissa6759]

I only have $9 in my bank account, I never felt richer😂

[@Adefunke16]

😂😅

[@itsrocketscience7693]

A million and 9 bucks richer than that couple

[@marimarkfrugaltips]

😂😂😂

[@packratswhatif.3990]

Yeah, why is being rich so important to all of us? Being neutral in wealth is not such a bad way to live. If I won 1 million, I think I would give most of it way to make me feel better about myself.

[@Pasdpawn]

once you go rich you won't go back

[@StephenHawkingCantSwim]

1:33 for shorts users

[@AlwaysAMan78]

Your the best

[@rickvangils100]

Imagine having a MBA and not even being able to get your own household finances under control.

[@haute03]

As someone who has an MBA I agree. This is baffling.

[@supermodelatlanta1354]

Smf 🙄🙄🙄

[@kevmoful]

Exactly my first thought

[@paulfroelich1024]

On the other hand, the contractor's house is always the worst kept on the block.

[@brandiphillips5775]

I'd move to another country. 😂 Nightmare. She is gonna stay broke

[@MATHEW94061]

This couple is Perfect for each other! Imagine if they had married somebody else and destroyed that persons life

[@alex73217]

Yes. I fully agree.

[@JB-kx9bx]

I'm very lucky I married an engineer with no debt.

[@etchosts8162]

😂😂😂😂

[@Caligirl.8630]

😂😂😂😂😂

[@sarahszss]

How do you end up with 100k+ of credit card debt....... I pay it off every month!!!

[@cr7neymar908]

funny how society will see them as educated because of their degrees yet they are dumb enough to have 100k+ credit card debt

[@MikeJones-vm2hn]

Or they have never learnt/been taught how to manage money?

[@WorldFunCA]

@@MikeJones-vm2hn well with an MBA he definitely knows how to manage finances on a corporate level.. so it's not a knowledge problem it's a failure to transfer theoretical knowledge into a practical use

[@Caliboyt21]

People aren’t perfect. We all make mistakes.

[@MikeJones-vm2hn]

WorldFunCA Or his MBA could have specialised in marketing, technology management, operations? Not all MBA qualifications specialise in finance. In fact the majority don’t.

[@cr7neymar908]

@@MikeJones-vm2hn you don't need a degree that specializes in finance to prevent going 100k in credit card debt

[@Jch833]

She’s got an advance degree…In policy… sooo she makes policies that impact OUR lives. And she’s a million in debt. Absolutely disgusting and infuriating.

[@bethsheba7]

Yep.

[@Loljjkb]

She doesn’t make policies unless she’s in congress.

[@bethantal2149]

She is a symptom of what's wrong with our government and our nation.

[@joe92]

@@Loljjkb Baloney. There are tons of regulating agencies that write policy every day that have no elected officials running them.

[@Melody-285]

Typical government employees

[@hj-mh1ge]

Omgggg how do you sleep at night knowing your 1,000,000 dollars in debt at 29 years old???? I can’t breathe

[@candicewilson2703]

Right!!? 😳😱 This is honestly one of the saddest things I have ever heard! We are a family of 5 living off $35,000. The only "debt" we have is our mortgage which we are actively working on paying off.

[@ForeverCuteDog]

hahahah!

[@stevenlee5146]

You Americans have it easy.

[@stevenlee5146]

I’m saying that because in Australia especially Sydney/Melbourne having near $1m I’m debt just on mortgage repayments is quite normal. America real estate prices are dirt cheap.

[@chitraray6337]

@@candicewilson2703 find a rich guy lol

[@corybuffaloe5713]

I'm 28, make $40k a year, live in a one bedroom apartment, and drive a 15 year old acura. I'm also debt free and have been investing for four years. I'll be honest, this made me feel a lot better about my less than glamorous life.

[@jigsaw2253]

Cory Buffaloe what did you sturdy or what is your occupation

[@xhorizon1976]

@JJoe If you become a scientist, you won't have to worry about those problems.

[@Aperez78]

Im in the same situation. 24 Years Old, 68k Salary as a Software Developer, renting a bedroom and driving my 06 Suzuki Forenza that i work on and upkeep myself with no Debt and B.S. in Computer Science. Always lived in a Poor to Low mid-income family and i'm use to having nothing glamorous which leave rooms to save and generate a higher income with more experience as my goal.

[@kaim1810]

Kudos to you.

[@dylon537]

Same! I'm 24 and have close to 50k in the bank, and just bought my first Condo. I really don't care if I drive a car that's from 2005, I don't care if I don't have the latest model of phone, I don't care if I don't have the best of the best of anything. But at least I can put my head on the pillow at night and fall right to sleep without the feeling of shame and guilt on myself from being in debt.

[@ShreeNation]

Something tells me she's not gonna take this advice.

[@ShreeNation]

@Ace Degenerate All the way here till India lol

[@mikegettinfit607]

Yup

[@chrissalley9468]

You're right. She's not

[@Jack-et4ev]

The problem lies in the communication between them. Not many people understand how to give good advice He was basically saying, do this and that and look at this and that and all she was doing was soaking it up. Thats just meant to fail, if you want to give advice it has to come out of the person who is taking the advice. That way the person who is advised will have a higher chance of pulling through because he really agreed with it

[@bobjoe4581]

Yea I feel like that too

[@CianMcsweeney]

anyone else watch these to feel better about their own finances? Really makes you appreciate having zero debt

[@lenatran2471]

These make my ego massive. Lol

[@Romanellochw]

If you are 32 with an MBA and 1m in debt you should be required to disclose that to potential clients. Thats frightening.

[@yemialemu9902]

🤣🤣🤣I agree!🤭🤭

[@Milo19970]

That's why people should learn everything about a service they need themselves as much as possible. In every profession you have people setting you up for failure. I would even go as far to when you need to go to the doctor make sure you know how the body works we are told that doctors know everything. My passion is health and optimization so I didn't mind learning but there have been a few times where I had to tell the doctor that so and so was wrong and or I needed a different test. If I didn't knew better I probably would've gone back and forth between different doctors to try and find an issue wich means perhaps hundreds of dollars thrown away.

[@nextari]

whatever "disbarred" is in the business world is more appropriate. Imagine trusting such a person to "help" you...frightening.

[@bimbop7693]

That's why she's desperate to not file for bankruptcy. If you're an accountant and file for bankruptcy, good luck ever finding work again.

[@MarionetteMuse]

@@dougnardecchia7701 So true. Inflated grades from nonsense "universities" that put morons in grad school to rack up hundreds of thousands of dollars in debt. So stupid. I have an "advanced degree" and have zero student loans because I got scholarships!

[@kristinmoore4624]

"You're not going to see the inside of a restaurant unless it's your extra job!" Yessss!! People need to hear this stuff. Brutal but so needed.

[@softangler3040]

I felt that 😭

[@adamchaifetz5876]

Dave had people calling/e-mailing him about how "cruel" that line was to struggling people. Folks, use your brains if you have one.

[@kristianfella-glanville]

Cool name

[@keith-kb1zl]

yep ,I’ve known fools that will think nothing of squandering 200$ on designer restaurants a couple nights a week- these are the people who usually live paycheck to paycheck 😂or just pile huge amounts of money on their credit card.😂

[@luisfernando5998]

But she can make it much faster through only fans

[@dropthebassline]

How does one survive with having $1M in debt like this? How do you sleep at night?

[@luciai3897]

I was thinking the same, but if you think that it's their income on 5 years, it doesn't seem that much anymore, but they do have to cut any expenses they can and off course, change they lifestyle on the long run.

[@bigding8977]

I dated a girl like this. She went into debt to attend law school at Georgetown University. And she had an expectation that she would eventually get a high-paying job as a lawyer. She assumed that her future high-paying job would be able to erase all of her student loans and her mounting credit card debt. She took the California bar exam 2-3 times and could never pass. So she never became a lawyer. She worked as a low-paying temp and secretary. And her credit card debt grew. She just compartmentalized it. She didn't think about it, because to confront reality would be too stressful. It's like obesity. When you're obese, you never want to climb onto the scale to see how much you really weigh. And when you're deep in debt, you never want to look at a bank or credit card statement. She never acknowledged how bad her situation was and that she would probably never get the high-paying career she wanted. Over the years she built up an identity as a high-powered, successful career woman. But her financial picture didn't match her identity. Cognitive dissonance.

[@jigsaw2253]

Big Ding depressing story

[@DemetriT1]

@@bigding8977 I hope the girl you dated is doing ok but Did you marry her? Her life is a huge red flag?

[@Chiefthepup]

God and they pulling in 230,000 a year together. It's crazy how money is so relative and seems to never be enough

[@CallMeCoachWalker]

Thank you, Channing for calling in. Your debt situation gave me hope for mine 😮‍💨

[@tb11212]

I have $900 in credit card debt and that stresses me out...

[@maizeni7817]

Lol, that's nothing. 😂

[@zanezaffino6636]

tb11212 I have 200$ in credit card debt and that stresses me out

[@roxaneadams6723]

I have 2600 and I feel the same. 😓

[@MSupreme7]

4k in debt, about to graduate in Business administration. Il pay it off in no time

[@cesarchavez507]

Victor Jasso esos todo mi victor

[@johnnyle648]

Her voice just sounds expensive lol

[@tmoney444]

😂😂😂 facts

[@familypc8348]

😂😂😂

[@constantravens4800]

Lol well said

[@ZammyJ]

🤣🤣🤣

[@hockeyj1374]

😂😂😂😂 your right

[@DLFfitness1]

So many folks pretending to be something that they are not.

[@Ms.Hildalovesgreen..10]

I agree w you😬😕😏

[@RelaxAndSmokeMeth]

Keeping up with the Joneses.

[@ashcatchum]

DAVID FRANKLIN that’s deep

[@yanaspace5912]

and so many businesses profit on this

[@460enrique]

The truth

[@StacieSmith-q4v]

Hats off to these people for actually calling in

[@I_am_milan]

She's pretty calm & cheerful for someone who's 1 million in the hole.

[@biggamer8655]

She has no idea how serious her problem is, when her looks fade as she ages and she has this mountain of debt, and possibly have kids in the mix she's going to be smacked with a huge dose of reality.

[@michellerichardson3090]

She doesn't realize how bad it is

[@nextari]

it's called total denial, her personality reeks of it, it's the only way to get into this situation.

[@Okshake]

Probably all the Adderall she popped before the phone call

[@sammyjr6989]

She has a simp.

[@howtosaveabillion9362]

The homeless down the street is richer than them lol.

[@daevid21]

I have 900$ in richer than them

[@Ethiodawg]

Ha ha

[@clarissamcpigeon7857]

Fact is they have this massive debt at what could or should be the best and most carefree time in their married lives. Young, no children or pets (none were mentioned at least), no serious responsibilities outside of work... and absolutely NO money to enjoy life with. They have more debt than your average person will earn in a working lifetime. They basically have to become millionaires to just break even and not be broke. That is truly tragic. They should be enjoying life with travel and freedom etc., then perhaps having children a bit later on. I don't think any of that will ever happen and it's just an empty bleak existence - this isn't "living".

[@tarawalton6778]

Sad, but true......

[@grandmastergyorogyoro532]

Atleast IRS won't knock on homelessan

[@stevespeed2000]

"Well he's 32" - Dave's Face is priceless.

[@byanymeans214]

💀😂

[@MilkPudding]

I laughed so hard

[@randyrawdingii5135]

I rewound that part 3x. HAHAHA

[@BishezicespiceFAN]

😅😅😅

[@user-hd8ej8yx9p]

1:57

[@alexsteven.m6414]

Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE

[@SavannahMitchell-b3d]

Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.

[@PennyBernadette]

True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.

[@Tanner-c2m]

You seem to know the market better than we do, so that makes great sense. Who is the guide?

[@PennyBernadette]

“Rebecca Nassar Dunne” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@NorthCarolinaForward]

Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.

[@michaelreither1826]

I drive a 2009 Ford Focus, I’m a millionaire, and I don’t care what others think about what I drive. The great thing is, nobody wants to steal it!

[@xGP90]

Michael Reither goals! How did you make a million? If you don’t mind me asking 😄

[@michaelreither1826]

Omar Hendrixx I was a long haul truck driver for 33 years, I never married or had children. I never had a mortgage. I lived on the road 300 days out of the year. When I was home, I would set up my RV in a camp ground for a few days. I put 25 percent of my paycheck into a 401k and had a Charles swab account for investment service. I pay cash for everything and live within my means. I retired at age 55.

[@ThomasPisz]

Well done, sir!

[@skylersilva6135]

@@xGP90 what is your number ,I've always wanted to actually have a one on one talk with a millionaire

[@VtotheKallday]

Good on you buddy

[@nultymusic7758]

Finance degrees and $1,000,000 of debt. Anyone else see the irony?

[@MsSmashone]

NultyMusic pretty stupid I’d say but fits right in to working with the government

[@mikeyellen362]

2:15 Face palm

[@JJ38255]

So they got a finance degree for what? Not to apply it to real life finances, obviously. Lol

[@thegirlwhoatepearls]

She said “advanced” degrees.

[@nultymusic7758]

@@thegirlwhoatepearls that makes it worth the money

[@LTJuni0r]

Suddenly my debt doesn’t feel so bad. Yikes

[@bigroy38]

LTJuni0r no kidding.I thought some of my co-pay debt was bad.Jeez.They need to live off Ramen,& popcorn.

[@andrebrown6654]

@Jose Haro is right. I owe close to 6000 and it feels awful. I stopped carrying my debit cards and only use it for rent and food.

[@jennakuehlwein811]

LTJuni0r haha, right?! I feel like a financial genius!

[@CoCMember]

I saw this and instantly became grateful for my debt. I can pay mine off in 3-5 years. Woooowwwww there's no coming back from this number.

[@Ryan-dc6lj]

For real. I thought mine was bad, coming in around 15k.

[@kiphenrie2291]

We have been following his plan for over 15 years. Never looked back. Thanks Dave.

[@a.h.2667]

They probably paid thousands for their wedding too.

[@justinjustinjustin10]

Probably. I'd have a max range of $5k-$6k in my opinion

[@livinglifecustom4558]

I think the same.... i would have scrapped the entire wedding/ push it back to a later date / got married without the huge costs (few witnesses).. but sad part is, society would make everyone believe you need a fairy-tale wedding or else its not a proper marriage : (

[@interceptingfist5682]

@@justinjustinjustin10 just go to the court. What's the point in spending thousands

[@justinjustinjustin10]

@@interceptingfist5682 because it's still a wedding and worth celebrating. And I'm a faithful catholic, we don't do courthouses

[@fhuber7507]

Their wedding is probably the CC debt.

[@richgold3630]

$136,000 just on credit cards? Oh.....My......God.

[@NUCLEARARMAMENT]

A 25% effective tax rate on annual gross income is effectively equivalent to paying a 33% interest rate (APR) on annual net income. I have credit cards that charge significantly less interest than that, in fact I have never seen a credit card with a higher APR than 30%, not to mention I get better perks with them than I do from the government. I can also pay the minimum monthly payment each month and still keep my credit utilization low all while keeping my scores high. I can live better off credit cards and pay less in interest and fees to the banks than if I were working for earned income and paying taxes to the government. To all you savers out there: If you're effectively taxed at 25%, you're paying 33% in interest for every dollar you save throughout a given tax year, plus the annual compounded rate of inflation of 2% to 3%. In other words, you're paying 35% to 36% a year in interest for every dollar you try to save, and that's underestimating it for a lot of people. I'd rather take out a loan or live off my credit cards and credit lines, because it's a lot smarter and I'll pay less interest, fees, to the banks and get better perks for it versus working hard and paying taxes to the government. And for those of you saving into a 401k to offset paying taxes now on it, all you've done is defer the taxation into the future and if you withdraw early you get penalized with it by a tax, which is effectively the state charging you interest to withdraw savings. This just further proves the desperation and hopelessness involved with being an employee.

[@donmichigan8201]

They are nuts. Just dumb as a box of rocks. I never ever charge more than I can afford to pay for cash. I use my credit card for the perks, pay it off in full every month.

[@Sequel7]

Rich Gold They should sell the house then file chapter 7 bankruptcy the pay of their student loans

[@KatieBellino]

Yeah, I don't know how that happens just on cards.

[@TyWerks]

Yea sounds crazy

[@randomyoutuber308]

I used to work a job where most people there were making in the 40-100k range. About half of them were financial disasters and the other half seemed to have no significant debts outside of their mortgage and were saving something for retirement. I've since moved on to a company where people I work with are making in the 150-250k range. About half of them are financial disasters and the other half seem to have no significant debts outside of a mortgage, are saving for retirement, and doing well financially. You can make 60k a year and be comfortable financially. You can make 220k a year and be a broke idiot.

[@sexyhotsiren7118]

🎯

[@yihuda7459]

I noticed that too …high earners especially educated ones usually have big egos and, they see themselves a upper class & they avoid average suburbs(they go out and buy big houses), they hangout expensive areas(expensive restaurants and other places) , they drive big expensive cars , they send their d u m b kids to expensive schools ….I can go on and on ….@ the end of day, they put themselves in a situation where things become unreliable and unsustainable ….

[@xfhnhhgjbvcfg]

It's about how much you spend, not how much you make

[@Ka_Gg]

PREACH!!!!! The thing is people can make more money, but often times their spending habits don't change. At one time they make $40k/yr and have $50k in car loans. Later on they make $100k and have $100k in car loans. haha. I've known of so many people that make very good money and are one small issue away from cracking.

[@guillermorivas7819]

This is the reality of many Americans. They overspend, live outside their means.

[@bushitwo6367]

I was able to pay off 10,000 dollar debt in 2 years for my car. Then my husband paid off his 30,000 dollar debt for his degree before the interest kicked in so he had 3 years and paid it off in 2 1/2 years. Was it easy, no. Was it doable yes! Lots of sacrifices, strict budget. Less going out dates and outings with the friends. If we did go out we split a meal and no drinks. Then in 2022 we budgeted and saved for a cross country trip through Europe. Budgeted and saved and made it happen. Did not feel bad, did not take out credit card payments. Just saved and spent that money. Now saving up for another unexpected expense but trusting God to provide and continuing to wisely budget and save. My husband read Dave Ramsey’s book when he was in college. While we don’t agree with everything like the envelopes or not using credit scores. He said it helped me understand the importance of saving and budgeting. Literally changed my life since I was so bad with money before we married. 😅

[@Alyssaj1236]

And I'm sure their wedding was super expensive 🤦🏾🤦🏾

[@sciencewithmrs.santiago6225]

A J that’s exactly what I was thinking!

[@lexilaney9120]

Thought the same thing!

[@Hoffmanpack]

50grand prob ez

[@Alyssaj1236]

@kirkleen95 yes! Good point

[@dang75790]

Wait till the divorce!

[@vitocorleone1462]

"You're not gonna see the inside of a restaurant again unless it's your other job" 😂

[@MrMlbfan6]

Man ended her whole career 😂😂😂

[@memes4life231]

😂😂😂😂😂

[@dichi3163]

Yeah that was good. I miss Dave's Alpo comments 😂😂

[@saltcreekammo]

It's one of Dave's go-to lines... Along with "all you're going to eat is beans and rice and rice and beans", "You're spending money like congress", and my favorite... "You're STUPID!"

[@quickchawles]

Story of my life bro. It teaches you to appreciate your loved ones and break through the hard convos for care and understanding. With her degree she could use that knoweldge to no end

[@stephenshelton4267]

$335,000 in "advanced" degrees IN POLICY! Some university president is laughing her way to the bank!

[@fashionlife5348]

She can make a lot of Money if She is smart ppl.that work for lobbying Companies make millions even fund raising for campaigns

[@InvntdXNEWROMAN]

I mean, she's making 100k a year. That degree is paying for itself but they didn't plan on paying their debt first before living a life of luxury. You could live on 60k comfortably and use the other 40k to put towards student loans for five or six years. Then increase your yearly allowance to 80k a year and continue with paying other debts with 20k and whatever you've earned on top with raises throughout.

[@chingon3461]

Really? Isn't the America in debt for trillions.

[@InvntdXNEWROMAN]

@Sir Pumpington Of Dumpenshire news flash buddy, we don't know if she was referring to net or gross annual income. I don't know about you, but when I'm taking to someone about how to get my finances in order, I don't refer to my gross income. I tell them my net.

[@Gamyuiii]

The real millionaires are the teachers and school

[@xlrators5378]

I'm making six figures being self employed without an ADVANCE degree or $100,000s into debt.

[@davidosentoski5564]

There's no way she's taking Dave's advice...you could hear it in her voice when she said "ok" to not going into a restaurant unless she works there...

[@megancawley862]

That's what I also thought. There's no way she's giving up on going to a restaurant or driving a fancy car. She thought she was calling for Dave to give her the money to pay her debt or what?

[@chrism7275]

David Osentoski she sounds like a bigger woman too

[@sarahmcelwee7749]

Chris M lol what does that have to do with anything?

[@chrism7275]

Sarah McElwee meaning she will continue eating in restaurants she cannot afford

[@Omikoshi78]

I was cracking up when Dave prescribed his signature “rice and been diet” to save money 😂

[@starwreck]

Yup these are the people working in our government. Sounds about right

[@mattworkman1583]

Exactly what i was thinking.

[@Benjicmm]

Don't worry. I'm sure they spend our money much more responsibly then they do their own.

[@shpooplers6324]

numbers mean nothing to people like this

[@ImSpammingX]

@@Benjicmm That was so depressing i wish i didn't read it

[@JohnP538]

Explains a lot doesn't it.

[@chicodaman2345]

Look on the bright side, with $136,000 in credit card debt, this couple is making a killing in Reward Points!!

[@erichchan3]

Would be nice to cash out the points for cash back and use it to pay down the CC debt but u know they did not. My bet is the couple used the cash back from the credit card points to go on a nice vacation.

[@luchio6675]

🤣😂

[@kingkang6877]

They can fly anywhere!

[@MrRazaali84]

😂🤣 good one

[@meatballnevaeh]

Just look through the rewards catalog. You can get things like a camping flashlight, a $10 Starbucks gift card etc... the options are endless

[@d00ks]

I’m 42 and 55 K in debt. She makes me feel I’m doing pretty good lol

[@VonDutchNL]

I'm 37 and 4k in the plus with zero debt. I thought I was doing bad, having saved up ONLY 4k in 37 years, lol.

[@WhatTheHe11isTHAT]

Where they are now update: "We are now 2 million dollars in debt."

[@Upracefan]

Big Foot Their credit score has to be destroyed already, if they are using a debt relief agency, those kill your credit.

[@RexyFan]

😂😂😂

[@smithgladys83]

😂😂😂🤣😂😂😂🤣😂 this comment is too funny.

[@consumerdebtchitchat]

@Big Foot Don't forget to add in a baby to all that debt.

[@howlbeast]

@@consumerdebtchitchat it just gets worse not saying its a bad thing... they should not be conceiving... they need to dedicate to that debt

[@buu.888]

“You’re not going to see the inside of a restaurant unless you’re working in it!” Hahaha perfect!!

[@kayhershey6390]

Hey if you guys want to make extra cash contact:[phone] now!!

[@dsmhiggins67]

I'm not entirely convinced she "gets it".

[@Navaja09]

I'm sure she does I just do think she'll put in 100%

[@Guitar157]

She’s seem all calm and giggling about it lol

[@ishmaelm1932]

@@Guitar157 It's a nervous laugh

[@a012345]

She’s looking for a quick fix that’s not possible.

[@joerogaine3093]

She said she works in Government i'm convinced it was AOC calling in

[@craighill3886]

Listening to this after 5 years. I'd love to hear an update on this woman and hope she's in a better position. 🙏🏻

[@xekis]

And these are the type of people who will decide how to spend public money.

[@desteepooful]

My thought exactly

[@shola7987]

Yup

[@whatevergoesforme5129]

That is why they are working for the government. The government does not know how to save and cut spending.

[@ejhc9628]

Yeah I studied economics and government vs private spending are two different things one cares about the return x investment the other doesn't care at all. Usually when the government spends more money in projects it ups the Gdp and it makes the government look good.

[@gregorycarmichael]

Sad world

[@levioneill9677]

It feels so good to have started out at a community college, worked a job through college, and never taken out any debt. The degree feels like I own it, instead of it owning me.

[@00babystace]

Yesssssss!!

[@CrescentDream]

I did the same! Everyone made fun of me for choosing community college first to save money!

[@layth6857]

Same. I went to a small university but I got financial aid so I didn't have to pay anything.

[@rgh622]

@@CrescentDream, who made fun of you for going Juco? You need new acquaintances!

[@emmy_okaye9942]

Well said.

[@Tom-vt1jj]

I was too dumb for college. What a blessing.

[@alvojnikovic2171]

Same. Though I eventually decided to attend and currently am at a smaller college. Thank god I didn’t get accepted to a high end over priced university.

[@flaviotahiraj6338]

hahahah yeah

[@ShaferHart]

They take everyone in. If you're writing this comment you're not that dumb. There's a college for everyone lol.

[@write4ever875]

True indeed. A degree doesn't guarantee a job, it guarantee DEBT!

[@kvex7548]

@@write4ever875 just pay for it and don’t take out loans.

[@vince9080h]

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

[@henryallard245]

Most Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

[@MarshalWagner457]

Mind if I ask you recommend this particular professional you use their service? Have quite a lot of portfolio growth problems.

[@henryallard245]

She's Sonya Lee Mitchell. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.

[@MarshalWagner457]

I just found her page with her full name. Wrote her an email and scheduled a call, hopefully she responds. Thank you a lot for sharing.

[@BateserJoanne]

Thank you so much, this is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.

[@frankg8861]

Recently paid off my 150k student loan! Took me about 8 years, feels so great!

[@CookieRaider1990]

Frank Lee how much do you make?

[@camez2345]

That's awesome. Congrats!

[@ananth-y4b]

Congratulations! How much was it?

[@ananth-y4b]

Nevermind, just reread it :)

[@Elena-er7zp]

Congrats!!!

[@autistic-lutheran-carnivore]

I would say their debt is advanced, not their degrees.

[@f1amesko]

😂 😂 😂 😂

[@Raci.1423]

😂😂

[@bufftammy735]

Clearly having a degree doesn’t make you smart.

[@matthewward1509]

Yeah that was a silly thing to say lol

[@Ktc99999-b]

makes u feel better right?

[@Lost-xl6im]

MBA degrees and they can't balance a check book .

[@grandmastergyorogyoro532]

Savage 😂😂😂 Hope his specialisation is not in finance.

[@vincem2759]

MOST MBA's are like this....

[@MrKush98]

Lol

[@detebeza]

It can happen

[@iamfuckingyourwaifuandther2743]

They hand out MBA degrees like candy. Anyone can get one.

[@billpaxton4885]

I’m 32. I used to do this. Had a car and life I could afford. Is found Dave and now I live in Thailand on 50k a yeah. I have ZERO debt. My greatest resource is my time.

[@christians3868]

It's been more than 2 years now. It'd be cool if Dave and his crew could find a way to catch up with these people to see how they are doing now.

[@arahd]

Yeah… I just put a comment to that effect… would be interesting to see what stuff they’re are made of (the couple)

[@duval1114]

@@arahd if they haven't gotten better it would be better off then not disclosing anything

[@KJ-ib4mh]

@Joshua Johnsonsadly at that level of debt pretty sure divorce is a viable strategy.

[@Christine-777]

Prayerfully, this couple knocked it out of the ballpark. I'd love to know. 👍

[@marnarenteria4203]

@Joshua Johnson ...or they went to FPU that evening, got on the same page, and are looking forward to their debt-free scream!

[@skeptical_sorcerer]

Hard to have any sympathy for an educated person who has run up $145,000 on credit cards; that's just gold-medal irresponsible.

[@oPurpleGorillao]

100%. I can't even fathom how somebody could even get themselves into that situation in the first place. It's ridiculous

[@joshualawson7604]

Sure, but most of us had zero help from parents and 13 years of public school in regards to finances. Plus she's in DC where people have lots of money. This is 'keeping up with the Joneses' to the extreme but I get it. Some people want that fancy lifestyle whether or not they can afford it.

[@dominicoconner1973]

they probably use they credit cars to make there car payments

[@skeptical_sorcerer]

@@joshualawson7604 Yes, and it is also denial. Sigmund Freud wrote about "ego defences"; these are the lies we tell ourselves to avoid having to face uncomfortable truths. People who spend recklessly on credit cards are in denial. They think it will all be ok and that they will pay off the balance when it is due or easily manage the 17% interest each month. Ostrich syndrome - bury your head in the sand and carry on!

[@AJ-ox8xy]

College doesn't educate you. It only teaches you obedience and how to credential your way into a job or career. It's all just a way that business owners use to make mental short cuts when hiring someone and assuming those who went to college know something more then those that didn't.

[@mark18709]

has an advanced degree: MBA. i was expecting a PhD in biotechnology specialized in advance genetic engineering

[@raccoon404x7]

Fun fact! If it had been that kind of degree, odds are they wouldn’t have any debt from that degree :D (PhDs in STEM tend to be ok funded. 50/50 on MS’s)

[@lauras627]

😂

[@xuhan4682]

@@raccoon404x7 True

[@jobkuperus]

I have that.

[@SW-qv7gi]

Me too! I’m a triple boarded physician - I figured advanced degree was MD or PhD at least

[@TaggeGust]

You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller

[@anatolyivan]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@GrozaGroza-ko7fn]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@mikesnoek]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@jadewashington7]

I'm new at this, please how can I reach her?

[@agathacolleen]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

[@jakejohnson569]

The goal is to be rich...Not act rich!

[@brianbouf8303]

Thats true, sadly most of us like to pretend to be rich, to fit in certain social labels.

[@marselvitti]

TRUE!!!!!

[@britneyog9537]

Exactly. Being a millionaire doesn't mean you have 1m to spend. 👍🏻

[@HuamiFairy]

Yeah,my soon to be hubbys motto is "we want to be rich not look rich" lol so he doesn't care for "looking" rich in regards to clothing or cars or whatever , but he wants to get into the real estate game and invests, and in the process of getting our first home together. Being with him has been so good for me in all ways but especially financially as he is a saver and frugal , and I just used to live paycheck to paycheck. He introduced me to the baby steps and it's been a life changer! I'm so lucky that I was only 20k in debt when we first met over a year ago, and even that felt draining, now I'm down to 6.5k and soon that will be gone.. I can't even imagine 1mil in debt it's so shocking lol

[@wingberry123]

Or Appear rich! People love to appear rich.

[@judsonkr]

She hung up and immediately called a Bankruptcy Attorney. There is no chance that she is going to do what needs to be done. No chance.

[@albismejia29]

The easy way will not help. It's changing their mindset.

[@moderndesigncarpentry8055]

They still have the 330k in student loans. Not bankruptable

[@jgyrwa]

Agreed. Since that’s her “ first baby”. She most likely called Dave, because her husband mention letting things go, and she didn’t agree. You will listen to Dave, but not your husband. A women in debt, tells me everything I need to know about her decision making skills. Don’t save her, she don’t want to be saved!!

[@thelastfreshwaterfish]

@@jgyrwa I don't like that I like this comment, but it speaks to me, because I've been living through this exact nightmare. LPT: Don't let your spouse or significant other torpedo your credit score. Sometimes, seemingly normal people never learned financial responsibility and feel a weird compulsion to buy way more things than they can afford. Fine when it's just you ruining your own finances, but add a SO, and a kid or two, and it becomes a real disaster, and even worse divorce. IDK why people have to just buy shit they can't afford on purpose. Insane.

[@dpdip]

I agree with your comment in regards to how the plan Mr. Ramsey laid out in this video will most likely not be followed by this woman and her husband. But as far as I know, unless it's been changed recently, you cannot default on government-funded student loans. So their largest obstacle, the $335,000, which is an insane number for a couple who ended up with government jobs, is unable to be defaulted on. The student loans are one thing, but in my opinion, what really proves your comment right is the six-figure credit card debt because that shows a total lack of self-control. What could they have been spending that money on?

[@jakepatchogue9478]

Something tells me she’s not going to take his advice.

[@fs5866]

Of course not lol,she sounds like a Karen

[@howlbeast]

sounds about right

[@howlbeast]

@@fs5866 shes high on the congress lifestyle she ain't gonna give it up that easily

[@animaluva098]

Yea... I'd like an update on this

[@CrowdSpectator24]

I feel like it will take them longer than Dave's projected time frame because of their lifestyle/ mindset, but hopefully she is willing to try.

[@AbrahamMilan-kj6yo]

I have 23,400.72 in debt and that’s just a car loan I have $4k cash 💵 I feel great NOT being in 1M in debt . Sucks being stupid now does it !

[@timnaughton5683]

“We have ADVANCED degrees Dave. Very advanced. Probably the most advanced. They’re very very advanced degrees, Dave.”

[@Daniel-mq3nf]

Hope those "advanced" degrees burn well when they're living on the streets 🤣🤣

[@kitsontuli2713]

😂😂😂

[@YPM498]

Daniel so bitter 🙄 spread positivity not negativity

[@Daniel-mq3nf]

@@YPM498 I'm assuming you have an "advanced" degree as well

[@alanr70]

Daniel I’m getting an advanced degree they help a lot but the main problem is they can’t manage money. So what I did was go to community college for my 2 years got my basics out of the way only payed 2k or less a semester then I transferred to a university to get my Bachelors in Petroleum Engineering I am going to be a junior next semester and I decided not to go to the big “D1” University because they’re expensive so I went to a branch of the same school and doing it there for a lot cheaper. In the end I will have the same degree as someone else I just got it a lot cheaper. I’ve payed all my college so far and my degree will be very rewarding starting salaries usually run from 90k-100k+. It’s all about having a plan

[@barkingshark6413]

You could save money by switching to Geico ,

[@proudtobewhiteprivileged9530]

lol of the day

[@jacotolkien]

You win

[@Frantic618]

Don't take insurance advice from a lizard.

[@typingcat]

@@Frantic618 No, you're a lizard.

[@myuhdidas]

😂😂😂

[@frankmcgarry3155]

I can’t see myself marrying someone who has an extreme amount of debt. That’s a deal breaker.

[@Vellisaden0207]

Same buddy !!!

[@lkjkhfggd]

Agreed, though I guess it depends on what kind of debt. If it's all CC debt, that means they have no self control and/or self management capabilities. Deal breaker. If they're in debt because they chased the American dream and opened a small business and it failed, that's still admirable. Not necessarily a deal breaker. If it's all student debt, then it depends on the amount and if they got a good paying career out of it.

[@anthonyroberts7641]

you'll find out after :D

[@annetraut8247]

Agreed. I broke up with someone over a motorcycle once. He was already living way outside his means and I couldn't deal with it any longer. Nobody wants to be stuck to someone with a spending problem!

[@HermanWillems]

@E V NOT EVEN A PRENUP. It's a matter of having a partner with a healthy sensible mind. Someone with actual brains.

[@TheStickyDynamite]

I'm 27, still in college, dead broke, spend nights in perpetual fear of being poor forever and I just realised that I am a million dollars richer than this person. Feels surreal.

[@goldengep]

I'm 29 and I couldn't imagine myself screwing my life up that badly.

[@razzberry1262]

And she works for the government.....in "Policy". These are the people at the wheel.

[@jam34786]

They spend money they don't have?! And they work in government? 🤔some jokes write themselves.

[@ericfan463]

Dang!!! Beat to the punch again. Probably the most applicable statement with this caller. Well said!

[@Nightsong93]

Haha so true

[@yoandervmoney6321]

Haha

[@maxflight777]

FFS ... public sector thinking .... sums it up heh?

[@LittleHatori]

😂😂😂 come on. Be nice

[@jonathannchekwube8047]

Who gets married when they have 6 figure debt 🤷🏾‍♂️

[@lindsaybrogsdale3877]

My brother and his wife had their wedding at Maggianosrestuarant. Spent $2000 on their wedding and that's it. Been together for 13 years before getting married and maybe his wife wanted a lavish wedding, idk but, they sure did look so happy when they got married. They had a wedding they could afford to do and I think what may have helped was there love for each other. That's what truly matters. People have these huge weddings that put them in debt and then some of them end up getting divorced. Some of them dont even date long enough before they get married. Idk. I'm just going on and on. But people take your time when it comes to marriage and dont rush. And spend what you can afford.

[@dtbristol]

Lots of women get married with six figure debt because of student loans. Her problem becomes their problem.

[@Magicmike57]

Morons do

[@mikegettinfit607]

Women

[@brandonwhite4992]

So you can have 7 figure debt.

[@Dangman-s8i]

29 and almost a million dollars in debt. School loans and credit card debt the worst kind of debt you can have. Ramsey is pretty sharp, and he did give good advice to this women, but he can't fix these people and people like them. They live way beyond their means for far too long and will never change.

[@DepressionTalks1]

My heart dropped hearing those numbers... omg

[@edengrim2657]

Right. That hurts. Im sitting here like hooooooooow is that possible? 29? That much debt? Im young so whay do I know ig

[@mrog5481]

@@edengrim2657 if you want an advanced degree it's a reality. The real question is how is it possible that universities are now charging 70k per year.

[@edengrim2657]

@@mrog5481 oh yeah the advanced degree but its just the cost that surprised me

[@Trylica]

Its not surprising like look at IG .... restaurants, clothes, vacay, bags, cars and toys and there you go.... it's all that's pushed, not minimalism and consciousness 😪

[@trishfitzpatrick2066]

I'm very old. I think of that age group as my kids. Tears were in my eyes. Hubby and I were in a bad way financially. A promised job required a long vetting process BY A GOVERNMENT BODY. New state, new job; they never told us. For SIX MONTHS there was NO money coming in!! We had a house we couldn't sell and no jobs that would give relief. Our SONS who were in their TWENTIES saved our sorry souls! They had been taught to save 10 percent of their income and THAT'S what they did. One was able to give $12, 000, the other $26,000. You can't IMAGINE our relief! While I didn't actually know they had this money, I was not shocked. It was their nature since it had been their nurture. But I was so pleased. It means they will keep safe. They KNOW who is responsible for them. But so many kids have no idea. And then the wolf is at the door, their defenses are inadequate. Pain now, or pain in the future. I weep...

[@mrgallbladder]

This woman works in policy making? That is absolutely terrifying!

[@fireengine77]

MrGallbladder it explain a lot as far as our government goes..

[@KZ-dr3fc]

She also has an advanced degree in policy...

[@Omikoshi78]

Probably working on a policy with Bernie to forgive student loan debt.

[@libafried5840]

@@Omikoshi78 Exactly. These hopeless people are creating policies to benefit themselves.

[@sevdev9844]

Both are working in that field. I laughed hard when she said that.

[@victorbryan5482]

Advanced degrees and careers related to finance... but close to $1M in debt... sigh

[@kaypandey7221]

Education doesn’t make one smart!

[@Imperial0666]

Just because you learn something doesn't mean you'll apply it in your life. They can't claim ignorance as an excuse. This is just stupidity. They might as well go ahead and claim a BK.

[@eldritchpumpkinghost2968]

Once people get the high income, they forget how to act.

[@ogc9649]

Visionary Productionz no that’s just stupid people.

[@pochopmartin]

Nothing has ever made me feel better about my life than this show.

[@pascalg1656]

All those degrees but not a degree of common sense

[@Raci.1423]

😂😂

[@hectorgutierrez9526]

They seem very smart but because they've been programed

[@imtheprize]

'Advanced Degrees' get it right

[@casperix3741]

Common sense for what? Everyone deserves to live a normal life. They've literally done everything right, they got an education, a house, and a little car. Those are things that any hard-working person should be able to get. It's a systematic issue, they're not to blame. They've literally just lived normally

[@85Benrock]

Exactly - it’s a shame they don’t teach some common sense / I mean she has “advanced degrees”

[@superman-zr9ei]

Wisdom does not come with degrees. Tough pill to swallow.

[@Dylangreat123]

It really isn’t a hard pill to swallow if your iq is 100 or over

[@wsharp23]

"you've gotten used to spending like you're in Congress" 😂👏👏

[@904PinballZine]

LOL

[@rg1whiteywins598]

Young folk out there..... Don't use debt. My parents grew up in the Great Depression, they never did debt when I was growing up and through they never taught me money management skills, they did teach me to not buy things on credit. I tried the department store credit card thing and kept them paid off every month until I became ill and couldn't work for quite a while. I had about three hundred debt on a credit card and a month of rent. When I was able to work again I began to pay it off and an elderly family friend had pity on me and gave me a thousand dollars. I paid it all off and never had another credit card. I am totally with Dave. I went through many times of struggle with very low incomes. I had to teach myself how to control my shopping habits. Suffering is curative.

[@hassanqayyum8954]

This isn't your ordinary debt.....this is ADVANCED debt

[@notyourmomyousnowflake3533]

hehe

[@Simply.Homicide]

PHD debt 🙄

[@scotttrucano584]

Exactly...all so they could walk around saying "I'm a PhD!", while making $50k / year.

[@iiCounted-op5jx]

😂😂

[@sherryobar5750]

Touche!

[@arthurmiller9434]

I hope we all see the hypocrisy in the callers situation: “Highly educated...advanced degrees...high income...living in Washington...$1M in debt.”

[@jolee2433]

DC govt pays well wow

[@FierceFamily]

Just how they like em 👍

[@albertoh1753]

Arthur Miller people love to live above their means and keep up with the Jones’s

[@tkdguy5494]

Hypocrisy? Irony for sure, but nothing she said would make her a hypocrite

[@prosperngabirano4594]

Thats what they call the “American dream” Sir!!

[@sct4040]

I have no sympathy for this couple. Omg they work in government, they live the way government is run.... they make 250k a year, but live like they make a million. They can't even balance a checkbook!

[@shannon2748]

And..making all that big money and yet still live with her parents😢

[@AnthonyMiyazaki]

Agreed. This is the ultimate in irresponsibility.

[@baldyloco9068]

They work for the government, exactly why our economy and our social security benefits have all gone down down the drain... thanks millennials....

[@gabriellucena6583]

@@baldyloco9068 uuhh what? Millennials didn't even put or have barely touched stuff like social security, they barely just made it into the government and general workforce. These are issues that have been boiling up since before millennials could vote. Also have to blame the generation that didn't educate them for s*** on these things.

[@ineedhoez]

Hey hey now, not all government workers are this financially responsible. This is a pretty extreme case. I've never heard of anything like this before. Ever. They also have to take into account the fact that it is DC and the culture here is so out of whack. You are young and in your twenties and you just get completely caught up in it. It's like no other place I've ever been. I imagine it's probably like la. The power is intoxicating. I'm not saying it's an excuse, but it does explain how people end up in these extreme situations.