I'm Afraid To Use My Savings To Get Out Of Debt!

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The Ramsey Show Highlights

The Ramsey Show Highlights

Күн бұрын

Пікірлер: 252
@ManningMentality
@ManningMentality 2 жыл бұрын
“You got me excited” put a huge smile on my face! You got this bro!
@Sombra_Azul_
@Sombra_Azul_ 2 жыл бұрын
Dave: "I'm very proud of you" Everybody Listen: Yeah so are we buddy. GREAT JOB!!
@clarifyingquestions
@clarifyingquestions 2 жыл бұрын
100 percent.
@batirtzeurkiaga1716
@batirtzeurkiaga1716 2 жыл бұрын
👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
@nicholeknight1893
@nicholeknight1893 2 жыл бұрын
I'm so happy for him. Congrats on sobriety
@Delvy787
@Delvy787 11 ай бұрын
I really appreciate the supportive and gentle approach the team took with this one
@jeannettecleveland5233
@jeannettecleveland5233 2 жыл бұрын
Lost my little brother to an OD and this call just put a huge smile on my face. Love hearing stories of people overcoming addictions and being open about it. That’s awesome! Doing this debt free journey will only bring even more freedom & peace to your life. Look forward to seeing the debt free scream!
@G_Money_
@G_Money_ 2 жыл бұрын
So happy for him. Nothing feels better in life than beating a bad addiction.
@JustAName-it5qp
@JustAName-it5qp 2 жыл бұрын
Debt grows in interest more than savings.
@flch95
@flch95 2 жыл бұрын
Sure you can pay off the debt a bit sooner but you also lose out on the future value of that money. Depends what your long term goals are anyway.
@ykciR
@ykciR 2 жыл бұрын
@@flch95 what value of money? You lose value of money everyday due to inflation. $1000 a month ago doesnt buy the same things now.
@nyzflyyguy
@nyzflyyguy 2 жыл бұрын
@@ykciR the value of money doesnt fall that quick … what you can buy a month ago for $1000 you can still buy today
@ykciR
@ykciR 2 жыл бұрын
@@nyzflyyguy gas, groceries, diners, shipping cost more. I can go on lol
@reese85
@reese85 2 жыл бұрын
@@ykciR thought I heard in the news that gas went down
@deborahblackvideoediting8697
@deborahblackvideoediting8697 Жыл бұрын
"I want you to get the high...oh, that's a bad choice of words." 😂 What a wonderful young man. One of my favourite callers. I truly hope he continues to do well.
@Vile0708
@Vile0708 2 жыл бұрын
The baby steps to getting to the baby steps was a great approach here. I do think the emotional Triumph of paying off those couple of debts and realizing there was no negative to that will carry him forward.
@itsruinunes
@itsruinunes 2 ай бұрын
I'm dealing with something similar with a family member, addicted to gambling... this it, this the way.
@kopsie6379
@kopsie6379 2 жыл бұрын
This is only Dave Ramsey Show i've teared up on. So proud of this young man! 🙏
@impact7174
@impact7174 2 жыл бұрын
What a fantastic story, Chase! I am proud of you overcoming that addiction and now you called in to change your financial freedom!!
@wendylistings3234
@wendylistings3234 2 жыл бұрын
Saving is not so easy especially when you always have needs for money, best to multiply your incomes via investments. I believe the need for creating multiple sources of incomes cannot be overstated
@Couchlnvestor
@Couchlnvestor 2 жыл бұрын
Fact, even if you were so unlucky(and unskilled) to invest at the top of stock cycles, you would still be better off than someone who just held onto savings in the long run….
@henrymitchell9717
@henrymitchell9717 2 жыл бұрын
Hi Wendy. I’m a deadset beginner hoping to invest and believe me when I say I’ve tried time and times but trading stocks is just overwhelming, so what then do you call a working strategy or have you got pointers that could help in profitable investments?
@wendylistings3234
@wendylistings3234 2 жыл бұрын
In a rather much complex sector as that of stocks, understanding sooner that absolutely nothing can be compared to experience and expertise the better
@wendylistings3234
@wendylistings3234 2 жыл бұрын
I started investing in stocks and ETFs since November for trials before deciding to take it up a notch wasn’t profitable enough. This far I’m now able to 4x my capital in less than 9months, scaling from $150k - $600k+, and I did get a pro advisor for supervision and accountability as recommended by a financial KZbinr
@JoeCoIIar
@JoeCoIIar 2 жыл бұрын
@@wendylistings3234 That’s a reasonable sum you’ve made! I’d also like to get on this, can you by chance name your IA? How do I reach him?
@Ruth-vy1qj
@Ruth-vy1qj 2 жыл бұрын
I'm glad u broke the addiction not easy to beat it. I'm glad u change ur life around. I think he dealing with fear rightfully so we all face it rather we admit it or not. I'm glad he called Dave Ramsey show and they help him.
@muzerhythm2242
@muzerhythm2242 2 жыл бұрын
🎆Shout out to Chase🎆 kicking the addiction AND getting serious and creative in paying down his debts! 😁
@PublicNuisance2K24
@PublicNuisance2K24 2 ай бұрын
Dave was addicted too
@MovieJustin
@MovieJustin 2 жыл бұрын
Good for him! We're all rooting for you!
@bradwilliams4921
@bradwilliams4921 2 жыл бұрын
Congratulations on staying sober. Best wishes to the Chase.
@blakeharrison3972
@blakeharrison3972 2 жыл бұрын
Breaking one of the hardest addictions and working one of the toughest jobs, props to this guy!
@nachejay752
@nachejay752 2 жыл бұрын
Clearing That Debt Sets You Free!!!
@brookemckenzie1862
@brookemckenzie1862 2 жыл бұрын
“You got me excited!” Love it❤️ what a feeling to have
@cindy_lou_loves_to_stitch
@cindy_lou_loves_to_stitch 2 жыл бұрын
Good for you, Chase!! 😊 🙏 🤗 Great advice, Dave!
@random-nz7dy
@random-nz7dy 2 жыл бұрын
Congratulations chase. In getting clean you did something significantly more difficult than becoming debt free. Awesome story.
@joycehernandez9154
@joycehernandez9154 2 жыл бұрын
Pappa Dave, I love you, THANK YOU for your experience, integrity, and kindness‼🙌💜
@DCLover72
@DCLover72 2 жыл бұрын
Best call ever! I hope we do hear his debt free scream and later his story of becoming a millionaire.
@johnwafik
@johnwafik 2 жыл бұрын
this is the best one i have ever heard so far , the power of man being a man , and the smartest advice
@jayritchie2785
@jayritchie2785 2 жыл бұрын
Wow - what a great guy. Would love to hear a follow up with him in a year - or for him to give advice to others.
@martinrbookermb
@martinrbookermb 2 жыл бұрын
Congratulations on doing so well, it takes huge amounts of strength to do what he has done and is doing now. This guy is going to be a success story and will be able to help others in the future! He has kicked a habit that sadly not many people do. His fear and doubts will disappear when he pays off that first debt and will turn into determination and self empowerment and he will never look back! God bless this guy!
@youngedwards3265
@youngedwards3265 2 жыл бұрын
Amazing advice, Dave. Proud of the caller! 👍
@rockymountainfacet5958
@rockymountainfacet5958 2 жыл бұрын
Proud of you BUDDY! NEVER LOOK BACK!
@adamseidel9780
@adamseidel9780 2 жыл бұрын
See, here’s a call with an actually helpful outcome. The two small problems can be made to go away with only a fraction of his cash. The car can be reconfigured due to his circumstances to make things easier overall at a very low cash cost. Now he has good cash savings left and is left with just the student debt, which is a long term issue that deserves a long term plan, not a panic move,
@clarifyingquestions
@clarifyingquestions 2 жыл бұрын
You are so smart. Why aren't you a DR.
@janewinfield1802
@janewinfield1802 2 жыл бұрын
@@clarifyingquestions m no v y CEW r use saw wsss e see X gr cg cat guy b h by Dr. t Dr. Tf g h iin
@njabulombuyazi5132
@njabulombuyazi5132 3 ай бұрын
That war between logic and peace of mind! You know what you need to do but it’s not that easy
@derrickhoward9156
@derrickhoward9156 2 жыл бұрын
This is a great call! So proud of Chase changing the man in the mirror
@pattyajones
@pattyajones 2 жыл бұрын
Chase, we too are struggling with the "terror of being broke". Although our tribulations are very different, you spoke for hubby and I with this call. WE DON'T WANT TO GO BACK TO BEING BROKE. Thank you so much for this call, and Bless you.
@Xavier-vo8xg
@Xavier-vo8xg 2 жыл бұрын
“A bad choice of words” hahaha 🤣
@TioJan01
@TioJan01 2 жыл бұрын
😂😂😂
@lucymckee7518
@lucymckee7518 2 жыл бұрын
Love his empathy
@tonia2483
@tonia2483 2 жыл бұрын
I was terrified to use my savings for debt so I didn't. It took me longer but I'm out now and still have my savings.
@TheAlchemist1089
@TheAlchemist1089 2 жыл бұрын
Congratulations
@JustINformU
@JustINformU 2 жыл бұрын
Good job tonya. Sometimes a piece of mind is better than logic and math
@mbyrd6713
@mbyrd6713 Жыл бұрын
That’s my battle, I’d rather have something more in my savings account than to depend on $1,000.
@soonermagic24
@soonermagic24 Жыл бұрын
@@JustINformUdefine better?
@JustINformU
@JustINformU Жыл бұрын
@@soonermagic24 meaning you still have cash to feed your kids and keep lights on despite having debt.
@lucymckee7518
@lucymckee7518 2 жыл бұрын
Aw I love it when he said you got me excited. This man is changing his life!
@CroisMoi
@CroisMoi 2 жыл бұрын
We are living in unusual times. What happens if his rent goes up a lot? Mine went up $300 a month. His income is not regular. This is not a steady income. He is afraid because he knows this. Dave did not take into account that this is not a salary income. Dave doesn’t feel it in his gut anymore. I’m self employed, and I would worry about this guy if he follows Dave’s advice. Emergency funds are very important now. Inflation is not going away soon.
@k.d.6114
@k.d.6114 2 жыл бұрын
I think even if the income isn't regular... having no debt is still an even better position if that income lowers later? Just my thoughts
@wordsrwind22
@wordsrwind22 4 ай бұрын
I freaking love Dave. This was so wise and amazing.
@Tehui1974
@Tehui1974 8 ай бұрын
Another likable caller. Good luck to that man.
@aida087
@aida087 2 жыл бұрын
I'm very proud of you for beating the odds Chase!! May God bless you always with strength, courage, even more resilience and a healthier, happier life and inner peace because YOU are WORTHY of this life!!🥰🙏🏼🙏🏼
@1croatoan
@1croatoan Ай бұрын
I know this is an old video but I am getting pumped just thinking about this dude getting on track again
@Primitive_Code
@Primitive_Code 2 жыл бұрын
He's never this nice to people from California, he must be in a good mood
@catherinewilke5583
@catherinewilke5583 4 ай бұрын
We are all rooting for Chase. Very likeable and he’s done something amazing already.
@myhappyspace4533
@myhappyspace4533 Жыл бұрын
I am thankful for him. But also congratulations on everyone who has never been addicted to anything and making good decisions on a daily basis
@ilkaperez9119
@ilkaperez9119 Ай бұрын
God bless him. That’s awesome. He stopped addiction and he will get out of debt. Jesus name !
@amyx231
@amyx231 2 жыл бұрын
Honestly, if having a larger cushion makes him feel safe, it’s not a bad use of savings. Same reason I have like a year’s supply of rice in my kitchen and garage and basement.
@Luffa187
@Luffa187 2 жыл бұрын
The safety is an illusion though when he got debts with interest on them. It's purely based on feelings. The extra rice you have is not an illusion. It's real safety.
@michaelb.8953
@michaelb.8953 2 жыл бұрын
I would bet if you were losing at least 10% of that rice into thin air every year you would be thinking differently about that rice.
@amyx231
@amyx231 2 жыл бұрын
@@michaelb.8953 say hello to the lettuce I never eat but always buy. Lol. Seriously though, the psychology there beats fiscal reality. A feeling of security is worth 10% a year to some.
@amyx231
@amyx231 2 жыл бұрын
@@Luffa187 human beings are complicated. It is what it is.
@mercyfae17
@mercyfae17 2 жыл бұрын
Agreed.
@Michael-jo9jb
@Michael-jo9jb 4 ай бұрын
This is why i love Dave!!! Bet of luck mate
@joeriveracomedy
@joeriveracomedy 2 жыл бұрын
I have a financial famine mindset too. No vices though. I grew up poor and I'm never going back.
@fsm12385
@fsm12385 10 ай бұрын
God Bless that man way to go !
@BlueDauntless
@BlueDauntless 6 ай бұрын
I like how Dave stuck with what his plan is, but also recognized this man’s real fears. And this guy’s gonna make it. He’s got the plan, he’s doing well! I hope he’s living debt free now.
@maryannfeeney9763
@maryannfeeney9763 2 жыл бұрын
good luck Chase!! you got this. Can't wait to see your debt scream!! What a story you will tell
@russ9657
@russ9657 2 жыл бұрын
Praying for you Chase🙏🏾You got this💪🏾
@meancarleen
@meancarleen 2 жыл бұрын
Congrats Chase, you have no idea how many people you have inspired!
@dmdproduction1328
@dmdproduction1328 2 жыл бұрын
Genuinely happy for this guy
@Brooklyn_
@Brooklyn_ 2 жыл бұрын
Way to go Chase! You've done so amazing already, keep going!
@lifewitherica5485
@lifewitherica5485 5 ай бұрын
So happy for him for kicking his addiction...
@freddyperezmusicentertainment
@freddyperezmusicentertainment 2 жыл бұрын
Brother, you are Great, keep this up, don't go back. Blessings for kicking the habit !!!
@davinjohnson1110
@davinjohnson1110 9 ай бұрын
Congrats bro 🎈🍾🎊
@lisadaniels950
@lisadaniels950 2 жыл бұрын
Excellent!!! So proud of him. God bless him.
@ritak1793
@ritak1793 4 ай бұрын
Congrats to you Chase! Drugs are such a plaque on society. Such a waste of a life not to get sober
@sanjalisnjic7271
@sanjalisnjic7271 Жыл бұрын
This is such great advice! Dave Ramsey's philosophy is so inspirational and so true (because it has its basis in the Bible!!) I exactly feel so empowered by doing the baby steps!! 🎉🎉😊
@shariifjakes4290
@shariifjakes4290 2 ай бұрын
You got this man! Keep it up 👍🏽
@chusinavan4131
@chusinavan4131 2 жыл бұрын
GOOD FOR YOU CHASE! You got this!
@KC-dr3cg
@KC-dr3cg 2 жыл бұрын
Very encouraging call
@peterbodnarchuk1
@peterbodnarchuk1 2 жыл бұрын
God bless you Chase. I pray you stay on this path brother!
@michealadeleye7476
@michealadeleye7476 2 ай бұрын
5:14 I want you to get the high- no that's a bad use of words 😭😭💀
@queen4u281
@queen4u281 2 жыл бұрын
I used a settlement I received to pay off debts that I had. Best decision I ever made!
@IsauraAbreu
@IsauraAbreu Жыл бұрын
Yes it’s scary to use the savings to pay our debts but it’s because we are so use to having debts that now it’s our norm but that doesn’t have to be our forever reality. Las week I paid half of all my debts and my heart was happy and it felt free… following a budget and changing my mindset towards money and what’s really important has really change my mind! And of course listening to the show every morning 🙏🏽 don’t give up
@airplanegeek893
@airplanegeek893 Жыл бұрын
Bien por tí… felicitaciones. Keep up the gpod work.
@deborahblackvideoediting8697
@deborahblackvideoediting8697 Жыл бұрын
Congratulations! What a great feeling!!
@ashleymjenkins
@ashleymjenkins Жыл бұрын
So proud! You got this 🙌🏽🙌🏽🙌🏽🙌🏽
@carlosguzman443
@carlosguzman443 10 ай бұрын
I love the short term plan, you guys rock. thank you.
@johnulcer
@johnulcer 2 жыл бұрын
Anyone who doubts Dave's character should just listen to clips like this.
@southerncali88
@southerncali88 Жыл бұрын
Your sobriety is the most freedom you will ever experience. It is also the most difficult problem life will throw at you. If you can conquer your addictions and fight them off every day, getting out of debt will be a drop in the bucket. Take a deep breath, realize that God didn’t bring you through the brink of death in your addiction…. Just to lose you to debt. You got this!
@Gtrundlebed
@Gtrundlebed 6 ай бұрын
This guy is AWESOME! Go Chase!!
@sobeliever1638
@sobeliever1638 2 жыл бұрын
Don't go less than 5-10k in your savings. Not during these times. Special needs families and anyone during recessions needs more than 1k.
@KateDerepas
@KateDerepas 7 ай бұрын
I completely agree! We're keeping $5000 in our emergency fund at all times while we pay off our last debt which is 80k student loan. It's our only debt. We're going hard at it but keeping 5k in savings to be safe
@jackross7633
@jackross7633 2 жыл бұрын
I love you Chase, you are an inspiration; I will pray that you stay righteous! 👍
@karenrowles9788
@karenrowles9788 2 жыл бұрын
I love Dave’s modified advice.
@aromero385
@aromero385 2 жыл бұрын
Good advise and encouragement, nice thing to do.
@smlbcity23
@smlbcity23 2 жыл бұрын
Making 90k yearly it should be easy puzzle to pay off his debt. His biggest enemy is the drugs and hopefully he stay clean and never look back.
@bebop504
@bebop504 2 жыл бұрын
I’d be more afraid of living in LA. He’s probably paying like $2k a month in rent.
@julianjimenez9692
@julianjimenez9692 Жыл бұрын
“I want you to get the ‘high’…” *inserts foot in mouth* 🥴😅
@cheeseburger5555
@cheeseburger5555 2 жыл бұрын
Get Chase back on the home when he’s out of debt. What an inspiration!!!! ❤
@Hellokitty7163
@Hellokitty7163 Жыл бұрын
This guy is fierce !! 🎉 good for him
@steviejd5803
@steviejd5803 2 жыл бұрын
Hey Chase, I hope you are wekk on the way to being debt free. Best wishes from a rather grey, cold and mizogs England. Oh, ps, I'm looking forward to some bright AZ weather soon.....cannot wait to get back to beautiful America.
@craigadams3639
@craigadams3639 2 жыл бұрын
So proud of this guy 😎
@Rightopinionhaver
@Rightopinionhaver Жыл бұрын
So proud of him
@Buggen-Out-Yo
@Buggen-Out-Yo Ай бұрын
I got a very very very very small small 401k and im 48 switching jobs in a week. should I close it and throw it all on my very veryhigh debt?
@unbothered6357
@unbothered6357 3 ай бұрын
Sir When you call in, you are NOT expected to talk
@Artbynbru
@Artbynbru 5 ай бұрын
I feel like having an emergency savings as a single mother is important. I also have that fear to use that to pay debt.
@pattiupton1499
@pattiupton1499 Жыл бұрын
Go Chase go!! Proud of you!!
@Odesskiy100
@Odesskiy100 Жыл бұрын
What a great phone call
@donnadagostino7717
@donnadagostino7717 2 жыл бұрын
Way to go!!
@guppers8064
@guppers8064 2 жыл бұрын
Wow that was an awesome call
@Mark-ye9pi
@Mark-ye9pi 2 жыл бұрын
It puts more in my pocket to keep my student loan and put more money toward investments due to this interest freeze, the small size of the loan, my monthly budget, and the possibility of it being cancelled. I can spare 20% in interest before paying it off it in full so that just makes sense to me🤷‍♂️ most ppl would’ve recommended that I wait until after college to invest as well but that was one of the most beneficial decisions that I’ve made.
@Polo22546
@Polo22546 Жыл бұрын
Wow!! What a comeback!
@thefpvlife7785
@thefpvlife7785 2 жыл бұрын
Man I'm wishing chase success.
@domvolpe1977
@domvolpe1977 2 жыл бұрын
Proud of you bro.
@joepic85
@joepic85 8 ай бұрын
Why take on debt when you have cash?
@stephaniehidalgo6281
@stephaniehidalgo6281 Жыл бұрын
Great call 📞
@chriscap147
@chriscap147 2 жыл бұрын
Chase you're a champ!
@privacyplease1556
@privacyplease1556 3 ай бұрын
Personal finance is personal. $2000 is barely an emergency fund. He’s better off keeping it
@CyranoVE
@CyranoVE 2 жыл бұрын
Great Job!
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