I Owe More On My Car Than I Make In A Year

💵 Create Your Free Budget! Sign up for EveryDollar ⮕ ter.li/6h2c45
📱Download the Ramsey Network App ⮕ ter.li/ajeshj
🛒 Visit The Ramsey Store ⮕ ter.li/7vyom2
📞 Have a question for the show? Call 888-825-5225 weekdays from 2-5 pm ET or send us a message ter.li/n88ly5
Explore More Shows from Ramsey Network:
🎙️ The Ramsey Show ⮕ ter.li/ng9950
🍸 Smart Money Happy Hour ⮕ ter.li/9gcp3d
🧠 The Dr. John Delony Show ⮕ ter.li/2u3mc0
💰 George Kamel ⮕ ter.li/1elws8
💡 The Rachel Cruze Show ⮕ ter.li/n2u6jc
💼 The Ken Coleman Show - Highlights ⮕ ter.li/1rbjr2
📈 EntreLeadership ⮕ ter.li/ktxv2k
Ramsey Solutions Privacy Policy
www.ramseysolutions.com/compa...

[@lindaparks4486]

John was going to lose his mind. Rachel came back like a caring friend to get to the point 😅

[@stevenporter863]

Going to lose his mind for good reason. $32k a semester. That is over a quarter a million for a degree (assuming no tuition hikes).

[@zachschwartz1586]

the guys not calling for John to lose his mind, he's calling because he made a mistake at 20 years old and needs advice.. john keeps getting lost in the weeds and is so jumpy.. glad Rachel was there to actually give good advice @@stevenporter863

[@toby43078]

Because John is a realist....Rachel is out of her mind...

[@lombardo141]

@@toby43078or a mother that understands that’s a child and she should ease into it. 🤷‍♂️

[@HelloWorld-hb7yt]

John is so negative on this call.

[@DisabilityExams]

Do NOT got to a private college that charges 32,000 per semester. That's a quarter of a million dollars for a bachelor's degree. There is no college on earth worth that amount - especially if you drop out without a degree.

[@Wilky2526]

A select few industries care about Ivy League, and that's just old money recycling itself. In the real world, employers only care about skill set and experience. Many of them are even dropping the bachelor's degree requirement altogether.

[@mplslawnguy3389]

I'm guessing it's St. Thomas business college. Good school, but unless you're getting scholarships, or come from a wealthy family, don't even consider it.

[@andidede3653]

I wouldn't spend that much for medical school let alone a 4 year liberal arts degree 😂😂

[@mplslawnguy3389]

@@andidede3653 I'm pretty sure he went to the business school. The Minneapolis campus is the business college, the St. Paul campus is where you would get the liberal arts degree. It has to be the school I'm thinking of because the only other private Christian school in Minneapolis proper is North Central Lutheran, which is much cheaper than St. Thomas. Regardless, really dumb decision. Edit* I forgot about Augsburg. Could be that one too. Those places never used to be this expensive. Knew a lot of people that went to them back in the day. Tuition is out of hand, and unless people stop paying it, they will continue to charge what they are.

[@tdgdbs1]

Medical schools here in Texas charge around $25K a year in state tuition.

[@Mazu762]

dylan seems like a good guy. he actually cares about not ruining his dads credit. good for him and hope he gets out of this debt

[@treasurethetime2463]

Good kid. Poor guidance. Gen x takes responsibility for this one. Nobody should let their kid take on that kinda debt without a crazy fight all the way. Let em hate you if you must, but fight them on self destruction.

[@Omar_Zazzle]

Unfortunately, I know this kid and he equals a 💩🕳

[@Ka_Gg]

@@treasurethetime2463Exactly what I said!!! Minimal or poor guidance. $32k/semester on college. If I'm his dad, there's no way in hell that happens unless I'm obnoxiously rich and paying or he has a full ride scholarship. $32k a semester. THIRTY TWO THOUSAND DOLLARS A SEMESTER!!!!!

[@wingberry123]

His quarter of the semester is what my degree will cost. That's only how much I'm willing to pay.

[@shadowyshutterbug]

a "good" kid pays 32K a semester then drops out? what a joke

[@americansupertramp]

These Ramsey's callers sure make me feel good about my life. 🤣🤣

[@mbank3832]

agreed. this is the only reason why i watch Dave Ramsey's videos even tho I didn't like the guy lol

[@chrissmith-yg5xn]

Lets hear about it

[@joycewright5386]

Only reason I listen!

[@midlifecrisis7888]

He’s only 20. No much to gloat about. He has his whole life to get back on track.

[@TheAustrianPainter87]

​@@midlifecrisis7888Crippled before it even began. -30k net worth at 20. By 45 he'll finally make it to 0 net worth if he follows through with that degree😊

[@rodneyperry7940]

I like Rachel but I doubt she has ever worked 80 hours a week or 2 or 3 jobs. The definition of easier said than done.

[@stevenporter863]

All theory. 😂Dave should make all his personalities live on the streets for a few days without money, etc. before they hand out 'easier said than done' advice.

[@289Mustang67]

They've met lots of people who have.

[@Enochparkcpa]

80hrs a week is no joke. If you do that for a year or two, you might get some dirty diseases too. I worked 80 hrs during tax season years ago, oh man I am so glad I quit that job. No life no good sleep no motivation no joy. Lots of junk foods stress fatigue

[@dt7353]

During covid I did 70 and 80 hour weeks a couple times and it is exhausting. On your one day off you are so tired you can't be bothered to choose a movie to watch on Netflix because you are so tired.

[@michaelb.8953]

I love when the hosts on this show advocate going and working 80+ hours a week and eating junk food to get your bills paid off all at the cost of possible health issues and missing out on lost years of spending time with family. Other ways to pay off huge amounts of debt just as fast or faster without killing yourself.

[@Gizemli341]

We have been on a recession since the beginning of 2022, but big media and governments all over the world didn’t want to admit it. We need to be wise and use our brains. Knowledge is power and I’d like all the family to be powerful! Just purchased some PbatesLTD Thanks for keeping us informed during this times of doubt?

[@justanotherwp870]

I took out a 25k truck loan the week before I turned 20. I found ramsey shortly after and paid it off in 16 months making around 40k. I fertilized lawns...there is plenty of hope for his young man.

[@presence5426]

I was in landscape maintenance too. Money to be made, but it's hard on the body.

[@FRodAvilez]

Guy needs to join a trade/apprenticeship. Then work at night somewhere else for more income. He can be finished paying off debt by the end of the year of 2024.

[@aliciaohara8794]

Seriously! I just paid a journeyman plumber $200/hr for a bathroom remodel. His 22 year daughter is apprenticing under him after realizing college wasn't going to give her the same return on her time.

[@mplslawnguy3389]

Yes, absolutely. Or join the military. There are a lot of great opportunities there for school and trades, and they're struggling to find enough qualified, healthy recruits, you might even get a decent bonus.

[@Kurtdog63]

I remember graduating college and getting flooded with credit card offers. The envelopes would say something like, "Congratulations Dear GRADUATE, you have earned this!" Looking back, the real message was, "Congratulations Dear GULLIBLE, we would like to start you off with a lifestyle of buying things you can't afford by making you think you deserve them."

[@karlabritfeld7104]

And people fall for it and take the credit cards.

[@iforgotmyscreenname1]

If you're in debt in your 20's, you need to get a 2nd job. In your 20's, you have so much energy, you can work 70-80 hours a week.

[@kathleencooney1518]

I did & earned the most money ever. Bought a house & car & paid off the house before I quit job #2. This was in Calif. I kept the house after retirement. ONE paid off house in Calif funded part of my retirement. I was able to get 3k in rent. Other homes nearby rented for 3,500 but I discounted for a family. I just sold the house & am carrying the financing. More cash monthly. Work HARD when you’re young & able to do it !!!!!

[@CrypticCobra]

Currently in my 20's, what energy are you talking about? because I can put in about 60 without contemplating if life is even worth it :/

[@DDDD-of3hv]

i used to work 7 days a week when i was younger and manage to buy what i wanted while still saving i dont understand why people refuse to work extra, harder, longer something went array somewhere.....

[@NYNC88]

Rachel handled this call really well, especially when she had to bring it back to the matter at hand after John kept sidetracking it.

[@TrevForPresident]

It’s too late for this guy, but people need to know how idiotic that schooling cost is and that should be reinforced as frequently as possible.

[@ChrisP-in8qr]

Not really, telling the guy to work 80 hours a week. That's 16 hour days/5 days a week. What a stupid recommendation

[@frank13621]

@@ChrisP-in8qr You aren't taking the weekends off if you are in the 80 hour a week position. Still brutal but plenty of people do it.

[@ChrisP-in8qr]

@@frank13621 OK stretch it out to 6 days a week, that's still 13 hour days. People could do it but I bet they burn out or there health fails. Definitely not worth it.

[@franziskani]

@@ChrisP-in8qr he can work 6 - 7 days a week. it will not be pleasant, but if the work is bearable (no toxic work environment, nice collegues, what you have to do aligns with your abilites) and you are in the hamster wheel you kind of keep going.

[@reggiejenkins6458]

$32k a semester seems insane, but let’s be real. If Dave had a school, it’d be double that.

[@dougholdem2898]

Dylan, in that you are in car sales, the next car you need to sell is yours, ASAP!

[@wuilmesp7065]

the Pbatesltd team do the heavy lifting, generating competitive returns for investors in the form of both cash and peace of mind

[@stevenwalton6405]

Man John is all over the place on this one. I liked Rachel’s part.

[@gypsyxxx]

he that guy you don't invite

[@efeyigit5532]

Love the PbatesLTD content. I think this project is just as essential as HBAR and they both will be great movers

[@danielrn133]

He probably went to Crown college in Minneapolis. A semester is 12,000. He took out the max loan he could get for "living expenses". Dude is like 20 and already in financial ruin.

[@cutehumor]

He owned himself

[@ArmageddonIsHere]

He's in a bit of a pickle right now, but he's also getting a life lesson early in life, when he has plenty of time to recover from it. And recover he will. Meanwhile it will be a lesson he won't forget, and he'll be the better for it. Two decades hence, he's going to be in a far better place. Good luck to the young man and good wishes.

[@PInk77W1]

If he learns a lesson, he should be fine But it’s gonna be a long 10y to pay it off

[@comment_account2343]

Bethel is $20k, if he had an apartment for 6 month even at a $1000/month that would explain it.

[@attattatt]

Sounded more like Clown College to me.

[@PInk77W1]

My daughter came to me at 18 and asked can I help with college? I said on one condition, no student loans. She agreed. Now she has a Masters degree and no debt.

[@presence5426]

And where did the college $$ come from?

[@PInk77W1]

@@presence5426 LoL. My credit card

[@greenleaph5145]

​@@presence5426 Fafsa.

[@stemikger]

Rachel is a class act! I'm surprised how obnoxious John acted. It seems like he is trying to do the tough love thing like Dave, but he's not Dave. He doesn't seem like someone with a PHD. Rachel on the other hand is amazing and I think the only two I really trust is Rachel and George Kamel. The rest of the new people kind of seem clueless. On a side note maybe Rachel can teach her Dad how to treat some of the callers and stop being so demeaning.

[@ComedyyShortss]

Ever heard of Caleb Hammer? Lol I agree, but Rachel was ridiculous with her CU solution. There's no way they lend him $15,000 in his situation.

[@gbb82]

Funny, I also said to myself why he was crushing the guy during this call.

[@stocksxbondage]

Agreed! Almost tried to make him feel small. I get it, he made some STUPID decisions, but he’s asking for help… it’d be different if he thought everything was good, but he’s admitted he can’t do this alone by calling. He’s 20. If he starts now, he’ll be better off than the average American despite all this debt. This kid needs a calm and collected yet stern parental delivery. “You’re in a do or die situation. But that’s okay. Follow EVERY word I say and you can not only get out of this mess, you can thrive out of it.”

[@front331]

I used to work Walmart 8-5 then taco Bell 6-10 pm for 5 years straight that's what every 20 year old needs to do before making the mature decisions at 25. My trick was I lived with mom and older brother and it was unbearable to be at the house so I had no choice but to work and be out of the house.

[@littlesongbird1]

I was juggling three jobs in my late 20's and early 30's. Worked over night a convenient store, taught/subbed during the day, and worked third shift at a grocery store. Later quit the over night job and alternated afternoons at the tutoring center/grocery stores while still subbing/teaching during the day and worked summers as a camp counselor. It was hard but once I got a decent paying job I was able to address my debts and get that paid off. Still tutor on the weekends to keep my savings growing but glad I worked the extra hours when I was younger.

[@lunam7249]

thats sound like a really horrible life for 5 years, i hope things have improved

[@presence5426]

I'm sorry.

[@bantizzle79]

32k for one semester is insane! Poor kid

[@healthwithmarcus]

It's a scam essentially

[@bantizzle79]

@@healthwithmarcus yep, only thing he got out of it was a life lesson

[@John3.36]

He made the choice. If he couldn't do the math, he was the dum dum.

[@healthwithmarcus]

@@John3.36 Normalizing the scam

[@John3.36]

@@healthwithmarcus You can live like a victim and blame everyone else. Or you can own up to it and realize that you were dumb and paid too much for college.

[@kendrapratt2098]

Third time Jon has mentioned the McDonald’s sign on the way to breakfast 🤣🤣🤣

[@semosancus5506]

He's thinking about it himself with what Ramsey is paying him.

[@azedel7151]

@@thebeegood1731 He eats lots of McMuffins for breakfast. At least 3 times this week. 😅

[@michelarosier1918]

I have a friend, his wife work in McDonald. She get paid money than my friend.

[@redfox_84]

I doubt he's quitting his car salesman job to work at McDonald's

[@Trev_Swen]

Just paid off my Medical Bill today. I just have a Credit Card and Car bill left to pay. I'm on Baby Step 2. Hang in there everyone! Don't give up ✊

[@leylaelalms7089]

I feel that the last bull run was bolstered by all the money being printed. Major returns next bull run but I think they will be tamer in my humble opinion. A 10x on PbatesLTD and a 15x on polygon are fair considering how much those two coins are interwov

[@brohatimtv]

Poor kid. They should’ve asked him if he has any skillsets instead of telling him McDonald’s and Pizza Hut.

[@AlphaMatt1000]

Ya because the hosts an idiot (not the woman here)

[@MrBacon-ou1kw]

what skillsets could he even have?

[@extremecarpetcleaning-wvwi86]

McDonalds in wv is starting at 10.00 an hour. The sign always says up to 20 dollars an hour.

[@eplugplay8409]

Wow, I paid 40k for a four year degree from my local uni. Earn 4x that now.

[@mplslawnguy3389]

He did the two stupidest things young people do with money, go to a ridiculously overpriced school, and bought a stupid car, all while making next to no income. Why are they not teaching high school kids this stuff? Stuff that actually matters and can affect your life.

[@bigstr9178]

Yes exactly. I'm 17 and I bought a cheap beater for only 3k to get me around. It took the whole summer, but at least I won't be 30k in debt for a brand new car. I think it's so stupid how much college students I see with brand new cars that they can barley afford. Like just why. That money can be invested into better things rather than a liability. My car does what every other car does, and it's a cheap Ford Focus, so parts aren't that expensive. I don't plan to go to an unnecessarily expensive school because I want to avoid debt. I always wonder how people are in so much debt, like how? It's pretty darn simple. Get what you can afford, and invest only into what is needed, and if you want to spend, make budgets because obviously people want to spend their money but you have to spend smart. Even if i was making 6 figures a year, I still wouldn't splurge my money away. Every purchase would have a purpose, and I would have a set budget for what non important things. People at my school normally ask me why do I work so hard partime but I don't spend a lot of money. Well, it's because I don't want to join the club of endless debt payments!!!!!

[@mplslawnguy3389]

@@bigstr9178 You’re off to a good start. At the end of the day, a car is just transportation. When you get to a point where you can afford it, by all means drive what you like, if that’s something you want, but people living check to check while driving expensive vehicles is ridiculous. There are a lot of ways to get the education you want at a much cheaper price, and even careers that require no college, just on the job training. Keep doing what you’re doing, not many people your age even think about these things, I know I didn’t.

[@mjj8560]

They teach about trans rights and all the other crap thats why

[@YT0091]

While not getting anywhere as deep as this guy, I had a similar experience when I was young. I had $2500 of credit card debt and made $8/hour. It was a wake up call when I realized how hard it was going to be to get out of it. I went in to complete bare bones budget mode. I never went out, didn't buy anything, just kept paying it down. When it got to zero, I said I would never do that to myself again. While I do still have debt, it's never been unmanageable at that level. The important lesson to learn is to never get that deep. If you do, get out and stay out.

[@MegaGamer1006]

It's a shame that kids are convinced to live these kind of life styles. I bought my first car at 18 with cash and bought my second car with cash at 24. I still can't fathom getting a loan for a car. The first college I applied for was $56k for two years, I swapped over to a different University at $24k for three years and paid as I went. I understand everybody is in a different situation but kids can save a lot of headaches but just thinking in real money.

[@calebthebraveone7463]

That's the real crime taking place on the younger generation, the amount of pressure put on that generation to consume, is astounding.

[@Meli_Mels]

agreed. Also, advertisers have convinced Americans that $45-50k is the price point for vehicle purchase for middle income families. Not so long ago, like 10-15 years ago, middle income Americans would by cars around $20k and $50k would be considered luxury.

[@michelarosier1918]

I approve this message. The freedom of begin free is a good feeling not have tons of Dedt but, you have to put on a good fight not go down the hole with alot of bad advices outside, personally, you are responsible to do your research and to shape your freedom in the world we lived in. 🙌🏼

[@SeanNMathis85]

When were you 18? In the 1950s?? Can you think of a single 18 year old in your circle of family or friends that can afford a car with cash outright?? Don’t be so delusional just cause you bought a car at 18 doesn’t mean most can!

[@topsykretts2264]

@@SeanNMathis85yes they can if they work and save.

[@aaronalquiza9680]

At 20 years old, he's given a valuable life lesson and he sounds ready to eliminate this debt ASAP so his father doesn't get affected. Nice guy. He'll be fine. And with a sales background?? I'm actually kinda jealous.

[@rain73ful]

His parents should be helping him out that mess. That college totally ripped him off! 32k a semester?

[@chazzkramer7676]

Rachel handled this like a champion!

[@S2gyasar]

I appreciate you and your content < Technical Analysis is good but I find It truly baffling that major crypto youtubers just look mostly at pure T.A and completely ignore the bigger narrative of why BTC is pumps/pumped and why the future outlook will be even rosier than it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market. More emphasis should be put into day trading as it is less affected by the unpredictable nature of the market. I have made over 27 btc from PbatesLTD insights and charts, its been one step ahead of other analysis….

[@TheBeard411]

I’m calling on a Rachel day, so kind.

[@RichardTouchfaith]

My 19 year old son is a Junior in college. College is fully funded with the 529. Son has $22,000 in his Roth IRA. Truly blessed here.

[@jparekh18]

How were you able to open a roth ira for him, did he have income growing up?

[@Ostro1980]

​@jparekh18 They gave him the money obviously

[@RichardTouchfaith]

@@jparekh18 Yup, got a job at 16 and we match him Dollar for dollar to get him exposed to investing. We are baby step #7 so we can help him.

[@user-gs9dx1dg9n]

@@Ostro1980kids can have money themselves doesn’t always have to be given, I had $17k leaving highschool I just worked at discount tire after school and the weekends

[@gbb82]

Great job with your son, you did well.

[@user-tl8zt9yz6o]

Don't quit your job til you have another one lined up.

[@makailaf8448]

I hope Dylan listens! I’m 29 going on 30 and if I had started 4-5 years earlier in my early twenties wow id be so much farther

[@darlenepaul2918]

For everyone on here.John wasnt mad at the caller.He was mad for the caller because he was ripped off and given no guidance from his parents that he should have gotten.Ex. His father co-signed those ridiculous loans! I NEVER would of signed such loans for any of my children.

[@carsonandreasen7740]

Oddly enough the one semester he spent on school is how much I spent on my entire bachelor's and master's degree at WGU. Crazy that schools charge that much for a piece of paper that means the same thing as what I got 😂

[@rleonekc07]

Ill never have another car payment as long as I live

[@jacobawojtowicz]

My last car loan was 12K and I was making 40K. This dude owes 36 on a 36 income?? 🤢

[@enricopallazzo3244]

I bought a car for $2900 that runs like a dream with a 6 figure income. The obsession with expensive cars makes no sense

[@DadinWA]

20y old drowning in 32k student debt for 1 semester and a car loan..he has a chance being 20y old. just got to jump on the debt free bandwagon and clear out this debt. hope it works out for Dylan. thanks for sharing.

[@daviddaley8581]

Hang in there young man , you’re going through it and it will work out out. The. Fact that you care about your father’s input carries a lot of value of your integrity. They will help you you in your journey god bless ❤️❤️❤️❤️❤️🇨🇦 we all have a bump in life you have got this😊

[@Jithu_VA]

John needs to listen to callers instead of cutting them and giving stupid recommendations. Show some empathy buddy !!

[@cnewton6527]

You’re right! John was brutal during this call. Rachel kept redirecting the conversation to a positive outcome.

[@zachschwartz1586]

i think quitting the job he has now is bad advice.. john is so jumpy.. keep working there and get all the extra jobs when you're not selling@@cnewton6527

[@joeb1522]

I agree. John isn't very good.

[@Bella-wj7kf]

I agree, John needs to chill out and be more supportive.

[@Giopowered]

Empathy don’t pay the bills😢

[@tjr4459]

Poor kid, predatory corporate America came after him early and with no guidance he’s in this mess. The good thing is he has youth on his side, but the next few years it’s going to be rough. He sounds like a good guy and I wish him all the best.

[@mikeshaw4610]

You can do it. When you get tired just think of where you will be when you you get done and owe nothing.

[@grenjith]

John is getting cut off during his inquiry. He is doing some inquiry, so he could hear the person out and give a good recommendation. Callers feel better when the person listening is more interested in their stuff. John is doing that inquiry with empathy so people feel more comfortable

[@mariacorretge6615]

John, you can do it. Get mad at this debt, pay it off, ask for help (I know it's embarrassing, but ask and you will receive), you can pay this off by the time you are 24/5 and by 30 you can be absolutely safe, with savings and a deposit. You CAN do it.

[@legony1]

Why does Doloney want everyone to work at McDonalds

[@noodledoo1234]

Always love when these two are together - my favorite Ramsey personalities!

[@dialac1]

I finished 4 year college and didn’t even have up to 30k in debt. This is crazy.

[@JSM.]

Jhon swears life is easy as to quit your job go work at McDonald's, deliver pizzas at night. We need a reality check in this show

[@simplybeef8232]

I'm just under 10k in debt, no mortgage..but Jesus...I felt I was making poor financial choices (kinda still am)

[@Scarface_445]

7:56 Me too bro, I spend 65$ (every 2 weeks) on food when alone. I shop at Walmart and buy chicken, eggs, milk, Greek yogurt, frozen veggies, and frozen fruit. Some weeks I can stretch it and get myself some protein bars or candy. But me too bro, me too. Stay strong!

[@rnt45t1]

JON BALONEY DID NOT SEE A SIGN AT MCDONALDS FOR $20 AN HOUR

[@KB-sg7tv]

I live in Northern California, and the highest I’ve seen on those McDonald’s signs is $16 an hour. I could only see it higher than that in NYC, LA, or SF.

[@pep590]

In Texas, the highest I've seen is $13.

[@analyticalchick3064]

They are $17 here. The other thing is that they say "up to" not "starting at" but I do make 17 an hour at a grocery store.@@KB-sg7tv

[@scottgoodson5132]

I’m in Nashville area as well and there are TONS of signs around the area of companies looking to hire and paying on average $20/hr, and some as high as $24/hr to start. International paper in this are is constantly hiring and starts at $30+/hr. I have also seen help wanted signs at McDonald’s in the area starting at $18/hr. He’s not wrong.

[@MoparMarc426]

This is terrible advice from John . He recommends quitting car sales and get a job at McDonald’s, deliver pizza at night , and drive Uber into the morning. When does he sleep?

[@CarlaQuattlebaum]

@MarctheBikeWasher - I agree, a person has to have sleep, otherwise he might fall asleep delivering pizzas or driving Uber. You can't work without SOME time for sleep. I don't care if John advises this or Dave does. It's lousy advice.

[@CrypticCobra]

It's advise given from soneone who has never tried it. Theoretically it's possible, practically it's a literally a meme.

[@kenyattaknox5163]

Dylan, if you’re reading these comments, I want to let you know that it’s not as grim as John is making it out to be. 😊 That isn’t a four year journey, more like a 1-2 yr journey. Your salesman job could probably work if you move back in with your parents if they agree to let you live there for free. But parents tend to change their minds so maybe consider keeping 2-3k stocked away in a savings in case you have to get your own place. And start driving for Uber and Lyft. The airport will be your best option to keep consistent rides and decent tips. You may even consider just staying where you are and driving for Uber and Lyft there. I wish you all the best!

[@dialac1]

I’d do the Uber and Lyft and forget the car sales for right now. Interest rates are crazy. Not many people buying cars right now

[@stldweller]

Dylan, the first comment is doing whats called sugar coating the crap out of this situation. This is the worst financial situation Ive ever heard a 20 year old being in. You're going to have to file bankruptcy.

[@FortuneSeek3rz]

Consumer Debt is skyrocketing and a lot of that is due to people buying new vehicles, or used vehicles that are still holding their value. And now you got higher interest rates tacked on to those cars. There's going to come a reckoning in this country where Consumer Debt is going to bankrupt a lot of people and when that domino falls there's going to be a whole lot of other dominoes that fall behind it. Credit card debt, vehicle deck, home mortgages, student loans, medical debt and buy now pay later is going to bankrupt about a quarter of this country's middle class.

[@anthonydelgiudice3245]

agree about john overreacting first of all keep the sales and get something a few hours a night good luck getting 40 hours at McDonald's 25-30 tops

[@enriquet548]

I went to college in the 90’s and I didn’t get much financial aid. I withdrew from school twice to pay bills and survive. I finished in 6 years instead of 4. I think you can accomplish a lot but you need to make a plan for it and think outside the box not what you think people expect you to do.

[@maryallen1017]

Dylan, Please listen to Rachel & John. In a few years you will have Financial Peace. Good Luck to You young man.

[@Shortballa11]

He can go home and live for free and be done with this debt in less than a year. Especially if he sells the car

[@ChrisP-in8qr]

No don't listen to them, working 80 hours a week is not sound advice

[@gingergann3934]

Not all McDonald's is starting at $20/hr. Here, the signs show $16.**. McDonald's also won't usually let people work over about 20? / hours a week. They don't want to pay benefits except to their manager staff. This is one area I disagree with John. Also, I tried the "pizza delivery" a few years back. They wanted me "exclusive", and would only schedule me for 1 or 2 hour shifts once or twice a week, but expect me to be on call all the time.

[@joshuaevans6065]

It’s mostly metaphorical. It’s like “beans and rice, rice and beans.” You can eat pasta and tacos or pork chops one night. It just means don’t eat out frequently or don’t eat lobster and ribeye steaks all the time. The caller can work at any grocery store or restaurant or anything else besides just McDonald’s. They can work at Walmart pushing carts for $17 an hour. I work at Sam’s club stocking pallets. Costco. GameStop. Washing dishes. Anything that pays more than his current job.

[@clivemason-ms8ju]

I think that the basic problem in so many of these calls is that there used to be a fear and shame in being in debt and living on credit, and that fear and shame have been replaced by an attitude and acceptance that it is a natural state to be in. Also, there is a lack of self control when wanting to buy something. Too many can't wait and save up and have to have it now. Allied to an attitude that it has to be the newest model, it is unsurprising that so many get into financial straits.

[@thehungrywolf69]

YOU CAN DO THIS DYLAN‼️💪💯

[@harrykashouli9774]

Phoney Doctor telling someone live "no way, you are lying" is priceless. This guy gets paid to do therapy?

[@naomirachel9161]

Why is it wrong from him to say that exactly?

[@MarcoPrietoDD]

John people will always need and buy cars. The problem isn’t the job, the problem is his sales skills are lacking. Done correctly, sales will always bring in more income than your McDonald’s paying $20

[@CarsAcrossTexas]

1.) $32k per semester is insane. 2.) $36k/year selling cars is also ridiculous. I make 6 figures without even trying selling cars…

[@BasicBeachCommunity1]

You need to get these people to make a list of these crooks at this school and university. That's one of the worst things I've ever heard.

[@Tap354]

Ain’t no way he’s going to work 80 hours a week, 40 max by the sound of his voice

[@Videpedia101]

Lol Facts. But its bad advice anyway. He's young so no need for the desperate measures.

[@candyluna2929]

​@@Videpedia101 no he needs to grow up and be tough

[@federicolopez-casildojr1451]

The good thing about working so much is that you don't have time to spend your money.

[@xkanyewestfanx2009]

It’s true lol

[@paigeawin]

Your comment took me back to when I was a server/bartender in my early 20's, working so many back-to-back double shifts, BUT by choice, bc I was raking in the tip money. Not only did I not have time to spend all that cash, I also didn't have time to do my laundry nor even eat at home, come to think of it. Luckily I didn't need to have a roommate, but I paid all this rent money, only to spend 5-6 hours a day at my apartment; just to sleep and shower. I found it was easier, quicker, and cheaper to continually buy new but identical work clothes and work shoes every week than to take the time to do my laundry.. :) Those were some of the best and most exhilarating years of my life; from age 19 to 24 yrs old. I had so much fun despite working 17 hours per day, 6 days a week. I HAD to make "it" work bc I had no "soft landing pad" via family nor even public assistance, if I failed. I was orphaned at age 2, had no family,, abused, and exploited for child labor in the agricultural sector, and aged out of foster care homes after I turned 18. I can definetly empathize with Dylan's financial debt looming over his life; constantly undermining his own personal self-esteem. Dylan, you CAN earn enough money to pay off your debts, provide for yourself, and still have money to do good for others. Overcoming the "real life" costs and responsibilities is how you earn your personal self-esteem and sense of worth. You will be ok, You're still young but at the end of the day , it is still just money. Most millionaires and billionaires have filed bankruptcy at least one! and society and could not impede their eventual and cumulative accumulation of wealth. Never be afraid of hard work; especially manual labor. Just attack it. Go forward with bold expectations, not just beliefs nor dreams, but EXPECTATIONS of success,

[@valerian5511]

Work for the post office, will help a ton with paying off debt

[@user-he2kc9hm2z]

I'm DCAing in Pbatesltd as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

[@johnsyler8580]

Best thing he could do is go to the nearest military recruiter .

[@mike7933]

That’s what I did, no college debt lol

[@Shortballa11]

Why? He could literally pay this off in a year or two at the most. Live with his parents for free. Sell the car for a cheaper car. And drive Uber 60 hours a week. This isn’t that extreme considering he has zero responsibilities

[@mike7933]

@@Shortballa11 yeah but do you get an m16?

[@Shortballa11]

@@mike7933lol i guess I didnt consider that

[@CrypticCobra]

@@Shortballa11 Good luck making money on Uber driving a clunker.

[@jdv9402]

He needs an audit from Caleb Hammer.

[@tamid2225]

He does!

[@handleyobusiness]

“You just lost $14 in interest! YOU ARE NOT A CREDIT CARD PERSON!” 😂

[@3rdGUMObro]

"You're not good at that." LOL. Hard truths.

[@Helthurian]

There needs to be more safeguards to prevent crap like this. $30k for a semester? Should be illegal. His parents failed him just as many others. Im glad there were people in my life to steer me from stupid financial choices when I was 16-20. There's so many traps.

[@sungenhou]

Rachel: get a $15k loan. The question is who is going to lend this guy $15k with no collateral?

[@Giopowered]

Women be talking

[@paulbrowning1758]

There she is. Back on the show. Haven’t seen Dave’s nepo-baby in a while.

[@amireallythatgrumpy6508]

In other words you haven't been watching for a while

[@adamarcher8359]

John tapped into his inner Dave with this lad.

[@joeburtch5670]

Hey John, where does McDonald's pay $20 an hour? New York? I am retired law enforcement, did 25 years and retired at 49500, breaking down I was around 23 an hour

[@rickmorley6855]

Here in San Diego, fast food pays that much.

[@timewing4611]

I don’t understand how schools and even hospitals get away with charging as much as they do

[@marklabonte2925]

Easy- because people are willing to pay it

[@stevenporter863]

​@@marklabonte2925More like forced to pay it. Especially hospital.

[@scottgodkins2017]

Let’s go Dylan! 💪🏽

[@Breezie51]

I live in Brooklyn park MN, a suburb outside of Minneapolis. These numbers are CRAZY!!!

[@eymensolak]

This is one of my favorite channel. It always makes my week complete! ? Despite the economic downturn, I still manage to earn $25,000 weekly from my investment of $3,500 ..God bless PbatesLTD

[@laurabruce-op1xx]

I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Elise Marie Terry focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

[@julienwater]

Wow.. amazing to see others who trade with ,Mrs Elise Marie Terry. I'm currently on my 5th trade with her and my portfolio has grown tremendously.

[@JanAlston-kd6yl]

I invest with Mrs Elise Marie Terry too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits

[@KevinEvans-mq4ob]

As a first time investor I started trading with her, with just five thousand bucks. my port folio is worth much more that now within just weeks of trading with her

[@richmorten]

@@KevinEvans-mq4ob This is not the first time i am hearing of Mrs Elise Marie Terry and her exploits in the trading world but i have no idea how to reach her.

[@lindsayross-pt3jv]

@@richmorten She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

[@BradBrother]

Feel for this dude and Im sure there's thousands of others out there like this. And that college sounds like a scam

[@fsm12385]

This young man will get out of this issue and will be fine , he was burnt young , good call to Ramsey the Dad co signed thats the concern

[@maihakili1]

Telling a 20 year old that they have to give up on their career dreams is totally off base!

[@rayisnumbaone]

He's probably including room and board. Still extensive though.

[@jimmymcgill6778]

Where in Tennessee is McDonalds paying 20 an hour?

[@Tank-vi2dv]

Right next to my house

[@mine4532]

A bird in hand is worth ten in the bush….. don’t quit your job until you have gotten another. If he quits tomorrow how would he pay his bills between jobs?

[@BrianaBudgets]

2:37 he loves to tell every caller this same story

[@David.Pineda1241]

So McDonald's is the key to solve every broke person's problem.😂

[@jeffkline9191]

Used to be pizza delivery.

[@HelloWorld-hb7yt]

McDonald's doesn't pay $20

[@DRWP10]

@@HelloWorld-hb7ytsome do but not all

[@Geletin911]

U can hear, feel and see the tension between Rachel and John

[@flashthecorgi2053]

You are reading in way too much! This episode was them laughing through the whole show. This call in particular was just frustrating because they were at a loss on how to really help the caller. It’s very clear Dr. D and Rachel are great friends!

[@Geletin911]

@@flashthecorgi2053 who's burner account from the show is this?

[@flashthecorgi2053]

@@Geletin911 Nobody’s. It’s a fact they were both laughing most of the show. Go watch it for yourself! The November 7th episode and then come back to me when you find out I’m right!

[@Geletin911]

@@flashthecorgi2053 k John

[@flashthecorgi2053]

@@Geletin911 oooh am I supposed to be hurt that you called me a brilliant man when I’m a woman? Kevin, if you want to call me names to make yourself feel better I’m okay with that. Hope you have a wonderful day sir!

[@kens805]

Ironic how people call you to fix their screw ups but never call call BEFORE they implement their stupidity (not ignorance, that's fixable) !!

[@RafaelHernandez-vt8fu]

My cousin is a car salesman in Houston Tx. Makes bank. $400,000 home, wife , kids the whole thing. Same are made for it some are not.

[@MeaHeaR]

Ramsey should Sack that guy, very hostile, intimidating, belittling, elitist , inconsiderate, patronising, self righteous, un-professional , loud mouth just to name a few, very disappointing

[@cutehumor]

You don’t like dr phony balony delony?? 😂😂😂

[@franziskani]

He is good when counseling on psychological issues (which is his profession). Not in this call. To be fair he was a student counselor and was fuming. But he should have been able to hold it in. He is not like that when he deals with callers asking for marriage, education and other advice. Maybe he competes with Rachel, maybe he tries too hard to imitate Dave Ramsey.

[@front331]

the adjectives you stated fits Ramsey to the tee.

[@amireallythatgrumpy6508]

So in other words, he is an American

[@cutehumor]

@@amireallythatgrumpy6508 American capitalism is all about making as much money off of people as possible. It's all a scam to get people in debt to work until the day they die to keep society going.

[@johnSmith-uz8nl]

I have never had a car payment. My first car was $3k and of course I paid cash. What is up with these kids today???? 36K WHAT THE F.

[@scottthompson3493]

They’ve never heard the word no.

[@joshuaevans6065]

Can’t get a car that runs for 3k today unless you know someone.

[@Saiyijon]

I see $3-5k cars and mini trucks on craigslist on a regular basis. The idea that you can't get a running car in that price range is just wrong.

[@tarawhite4419]

And that's the problem right there This is why I dropped out of school 15 yrs ago and it's only gonna get worse folks

[@mehdiyay]

[@Dave-tz9zx]

Stick with sales and get better at it. Salesman, if good at it, can make good money in many industries.

[@Videpedia101]

This is bad advice for a 20 year old. He should use the time to become an expert in whatever skill that will pay 100k in a year and 175k by the time hes 25. Working 80 hours at McDonald's will just make his resent life & probably pick up more damamging habits along the way