I've Got $37,000 In Savings, What Should I Do With It?

💵 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.ramseysolu...

[@Powerz00]

I’m 52 and just started my portfolio with around $480K. Slowly trying to create significant passive income and manage my Stock Portfolio. how do I invest to deal with markets ups & downs

[@SaintYvess]

It's wise to seek expert assistance when beginning your financial portfolio. market is volatile, so professional guidance is so important..

[@JordanReam8186]

Having an investment advisor is the best approach to the stock market right now. I was going solo without much success until my wife introduced me to an advisor. I've achieved over 80% capital growth this year, excluding dividends.

[@FelineAirstrip]

Hey friend, How can I work with your Fiduciary?

[@JordanReam8186]

*Jennifer Leigh Hickman* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@Redwood4040]

Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!

[@Type57SC]

I’m 34, have $200,000 in savings, and want to invest for safe growth over the next 5 years to buy a home. What should I invest in?

[@Hesse-Kassel]

In today’s volatile market, diversify your assets with safe investments like HYSA, REITs, index funds, growth ETFs, and bonds. However, Before making any investment decisions, consider consulting with a financial advisor to tailor a plan to your specific needs and risk tolerance.

[@Frankweily]

@@Hesse-Kassel Financial advisors can be expensive, but they’re crucial for success in the financial market, especially if you’re on a deadline. I was laid off during the 2022 tech cuts, but I used my savings to invest in the stock market with the help of a financial advisor. After doing some research, I managed to grow my portfolio to over a million dollars in just two years, thanks to my high risk tolerance.

[@yrPositivePulse]

@@FrankweilyI’m glad I found this conversation. My risk tolerance is high, and I want to take advantage of the upcoming market run. Can you direct me to your advisor?

[@Frankweily]

Melissa Elise Robinson is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@yrPositivePulse]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@staceyconnor725]

A finance manager has to decide to allocate funds into profitable ventures so that there is safety on investment and regular returns is possible.

[@princeholgate9325]

The net profits decision also have to be made by the finance manager.

[@EricBrittonSilvado]

The volume has to be decided too, which will depend upon expansional, innovational, diversification plans of the individual.

[@durhammiller8817]

Timothy Eric Meek always emphasis that funds should be invested in safe ventures so that adequate rate of return can be achieved.

[@rosannaconstil571]

That is the proper way to handle it, he is so experienced in this aspect.

[@theresaquiera7412]

Please how can i reach him

[@ajpiazza01]

A lot of people would see $37,000 in their bank account and think they are rich and it's time to buy a new car or a kitchen remodel. Good for her for thinking twice.

[@467076]

Andrew Piazza $37,000 and thinking they’re rich 😂no wonder everyone is in debt.

[@myfinancialclimb3121]

She's still in trouble because her first thought wasn't responsible. She asked about a down payment for their house together. Then she goes into details. 15k of that being used for school. Oh and then she's going to have to get a car because she's in a lease, which is due soon, so she's going to have to have the money to buy that car. And then oh yeah the person she's going to marry has more student loan debt than he's going to be making per year. Yeah...glad she asked, because her head was already in the wrong place.

[@ykciR]

I have 30k in my savings and I feel so broke tbh. 😞😞

[@orly51191]

Ricky same , I have 25k and don’t feel like I have much.. I like to keep 20k minimum in my bank for emergencies, so I have the mentality that I only have $5,000

[@jimmym95]

Orly Hdz that is exactly me right now. $20k is 0 for me and also have about $25k

[@CycleThePuck]

i’ll never understand why people have such expensive weddings, unless you make well over 6 figures you shouldn’t be spending 40k or more on a wedding. Keep it nice and simple, invite only close friends and family.

[@mrsm3442]

Yep! I had all my family members mad with me when I married secretly, at 29 year-old, just to save thousands of dollars. Recommended.

[@JL-fo9rz]

All the money goes for entertaining the guests. It's only about $20 to get married at city hall.

[@josephliptak3183]

@@JL-fo9rz 45$ for the license, the 30$ for the marriage vows

[@josephliptak3183]

My wedding was 195$ total. Rings and everything!!!

[@newtonraymond77]

That's what Cinderella and Cinderfella do because they must have the world see them do it big going down the isle

[@peachTEA16]

Title this “I thought I had $37,000 in savings because I didn’t calculate my debt” 🙃

[@hermitally419]

Until I calculated my debt...

[@vanessap.talbott2395]

Lol

[@kingamir7487]

Lol if your not rich you are gonna get into debt. It’s about managing your debt and making sure you don’t live above your means. Her car will be paid in three years or if she purchase the car 5 years. So no she has 37,000 in savings. And will have more since she can still save

[@zackthebongripper7274]

If you are working it is savings. I have tens of thousands of dollars banked in a CD (for now) and some crypto. I consider that money untouchable for living. My only dept is a car loan that I pay monthly from my job.

[@MrSayonara88]

I would NEVER pay off someone else's debt!

[@twincherry4958]

Never say never

[@peterszabo7572]

I would NEVER speak in extremes. That is not the Jedi way btw. Also we will see about that when the time comes.

[@BagsNBaguettes_327]

Thank you! I paid off my graduate student loans of $50k and my car loan, don’t expect anyone not even your wife or husband to take are of your decisions. Some fools out there say that if you’re married, it’s combined but only to their benefit.

[@MrWarrenRB]

I would never say never, but let’s just say they better be worth it

[@dotteddice2358]

Definitely agree. I paid off debt for my parents at one point but they were right back where they started after only a couple of years. 😔 Not doing that again, now I take care of myself first.

[@omarsabih]

I had 37K in savings, I put that in the share market and Lo and Behold! I have 23k in savings now!

[@mariaantwan7479]

Wow it’s like magic ✨

[@Beanz8907]

Its ok...i have 8k in stocks and its real rocky right now lol. You should only throw money into stocks if you can afford it. If you lose it, it shouldnt effect you....its play money basically. Thats why i didnt go big at all

[@GHC3]

@@Beanz8907 what's your thoughts on the Roth IRA investments? It's hard to watch my contributions go in and then disappear when the market drops. However, I keep telling myself it's only temporary namd that I still own the same number or increased number of shares with my contribution money, but they are undervalued. I cant wait for the market to go back up and continue growing. I just believe until the Covid-19 gets under control, the market is going to be down and panicky.

[@theprodegypk]

MasterT91 i do both 401k and roth ira and i can tell you the markets are overvalued if the fed quits with the QE we will see a huge drop, but the market always trends upward don’t look at your value for awhile imo, how often do you look at your house value and think “wow i made 10k on that investment this year” no one actually makes the profits until the asset is liquidated

[@Beanz8907]

@@GHC3 I put into ROTH as well. Only 7% of my income goes into that a month. Like i said before....only invest with money you arent afraid to lose. Be patient....ride the waves, and continue to save and budget effectively as years go on and whatever happens to the stocks will happen. It makes me more comfortable knowing that i save close to 1k a month in general. Thats not even whats left over after all bills are paid. My money rolls over to the next month and i just stockpile more into my emergency fund. Easy peasy son

[@Curbalnk]

Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $120k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?

[@kashkat987]

Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with strategies to hedge losses

[@velayuthman]

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

[@velayuthman]

That would be Heather Ann Christensen. You should look her up. I say, to be honest I almost didn't think I should have, but I'm glad I decided to let someone handle growing my finances.

[@84gaynor]

Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.

[@paulbunyun3663]

invest in time

[@mikemendez1886]

Dave Ramsey is no bs , he is out here saving people’s life’s form debt 👌🏻

[@Lifewithms.m]

Hope he doesn’t expect her to pay all of his student debt. These two need to get a plan put together so they can be on the same page.

[@rayjgold]

according to Dave, those loans become hers when they are married.... If he is wrong about this.....he could be wrong about everything else as well.

[@_trust9994]

@@rayjgold Why is it a problem when it's the other way around? Double Standards?

[@cyndolin]

His debt is his debt, no matter how long they married and how much they love each other. She is not responsible for his pre marital debt.

[@Mitzi73]

Community college is the new Harvard.

[@dick69970]

Harvard is tainted. Steve Bannon went there. One bad apple spoils the whole bunch.

[@abolisher]

👍

[@theamerican7131]

@@dick69970 yeah, steve bannon. now there a real pos for ya

[@Maccomp5234-lp1bv]

Fun fact: I went to community college with someone who ended up going to Harvard Law.

[@jaytee2642]

I listen to these conversations so I don't feel so bad about my own money situation. I'm not doing half bad!😄

[@30yearsoldiam1]

I'm not sure why 8 people in each comment thread have to say that same exact thing. So boring.

[@danecharles8048]

It’s these little videos that help! I love it ! Thank you Dave!

[@blackworldtraveler3711]

Try a big book sometimes.

[@ludens1526]

That’s an emergency fund and a down payment for me.

[@michaelwoods4495]

I endorse this response. $37k isn't that much money and she has upcoming expenses and contigencies.

[@dianawilliams8801]

Same!

[@ludens1526]

I’m currently saving to $36k for my emergency fund and downpayment.

[@fef619]

Not where I live lol

[@alanparedes2034]

That's a used car and an emergency fund for me.

[@hermitally419]

Dave made her realise she has no savings.

[@a1lewis4]

If you have to take out a loan for a car, you can’t afford it! That’s the motto we live by.

[@jayc4715]

If you have to take out a mortgage..you cant afford a house

[@back2the80s]

jay c a car is not a asset. Depreciates as soon as you drive off lot

[@MrREDLORD79]

You're a clown if you pay for depreciating liabilities in cash

[@DericAnslum]

​@back2the80s ...neither is a home...same...

[@BagsNBaguettes_327]

Sorry but I wouldn’t pay for his student loans. He needs to take care of those himself. Just my opinion

[@electricboogie709]

Agree. Yeah he came in with it.

[@electricboogie709]

Agree. Yeah he came in with it.

[@burningcoal5705]

As a married couple you should work together but accumulating debt is an easy way to destroy your marriage

[@Recovering_Californian]

You're either all in on the marriage (that means finances, debt, property, etc.) or don't get married. Your attitude will just create resentment. If you were that female caller I'd tell you not to marry the guy if you felt that way.

[@Recovering_Californian]

You're either all in on the marriage (that means finances, debt, property, etc.) or don't get married. Your attitude will just create resentment. If you were that female caller I'd tell you not to marry the guy if you felt that way.

[@awake13830]

Why do people equate debt as only loans or cc? That’s so odd and a good example of why economics 101 should be taught in school.

[@Thegoodlife4me]

I’m sorry but I’ve been penniless and it sucks. I have 25k saved --some in stocks the rest in cash in an emergency fund. I pay my monthly’s on time each month to keep my credit going up. Student loans and very very cheap car payment. No credit cards. I drive a lot as a result of work so a good car is a MUST!! I don’t see how spending every dime to pay off debt is cool🥺...I just can’t ever be penniless again. Nope! Can’t do it! Nope! Not interested! Eating at food banks and borrowing money for simple things, selling random house items on Criagslist-oh no I’m done with that. Having an emergency savings and seeing my money grow INSPIRES me to keep GOING. Working paying-saving. WORKING-PAYING-SAVING. As time marches on you will ultimately become more financially well!!

[@leahmcdermott4189]

Tes West Agreed, Dave is all about paying off debt but I don’t think always that’s the way forward. My only form of debt is student loans and I’m not in any rush to pay it off because the interest rate is 2.8% meanwhile my index fund & individual stocks has brought me 9-11% return average. Umm, I’d essentially be losing money if I used my investing money to pay off my student loan. Ofcourse it’s important to me and I still pay above the minimum, but it’s not as crazy urgent as Dave makes out to be. That being said, CC debt and high car payments with crazy interest is best to avoid. Buy second hand cars, no new ones on finance. They depreciate the second you drive it off the lot. Literally the worst investment. Just a cash loss and only use CC if you know how to finesse it. No sense in racking up crazy CC debt, with high interest 🤦‍♀️. That’s not smart, all cash loss.

[@chrispetro]

Make sure you have a 6 month emergency fund. Invest and diversify most of rest. Don’t forget to ENJOY some of it as well! Great job 👍

[@chicanopowers4938]

Is the husband to be on board with the Total Money Makeover?

[@yolylacy5416]

Obviously not! He hasn't started paying his debt.

[@TheTbabylati]

Looks like she’s marrying into a financial crisis. He had debt he hasn’t touched on top of the him paying for the wedding. They don’t need a wedding. He needs use that towards his debt.

[@carojames6776]

Looks like he has no intention of paying his debt but gets married instead !!

[@asadb1990]

@@carojames6776 exactly white folks with grandparents are usually sitting on an inheritance.

[@doubler2192]

Exactly or they go half on the wedding.

[@back2the80s]

How about just go to court house? Then a dinner afterward. Cheap and less stress

[@brycehammerton4542]

@@back2the80swhile that is true a wedding is often one of the best days of people’s lives. It was for me and don’t regret throwing a nice party for it.

[@atlresale8097]

Pay off your debt!

[@richthepup]

You're going to end up paying 25k (12k over 3 years and 13k on buyout) on that stupid car. So you really only have 12k in the bank when you account for how much you've promised to pay on a stupid car

[@back2the80s]

She lives at home. She could have just bough car in cash instead of leasing

[@S4h4r4s]

1:13 The look of Ramsey's face ready to explode with a response 🤣

[@timmydevil999]

Marrying someone who has never lived with themselves.. ehhh ... $30k in a car

[@MrAgent007xkgb]

🙈🙈🙈

[@pawsnotclaws2772]

“Only $300 a month”

[@ReelNewwt]

That’s a steal these days lol

[@jmrub06]

Been loyal to my 2005 Toyota Tundra. 215,XXX miles and runs awesome 👌🏼No car payment, low insurance.

[@angiecrocitto]

This is a wonderful real life example for many young adults today! Great video to learn from, ty Dave!

[@CaseyBurnsInvesting]

Getting away from America’s stupid at a young age. Love it.

[@Thetatraderz]

Invest in good dividend paying companies.

[@emmanuelu]

I’m saying this as someone who got his schooling paid for but I can never understand how you can go to school and be 40k in debt and make less than that in a year.

[@lography6917]

Whenever a man calls looking to pay off a fiancées debt, Dave tells them to get married and the misogynistic comments flood in, and people also call the man and Dave a simp. When a woman calls the tone shifts. I can understand that Dave May display a bias when talking about prenups, but he’s also a traditional person. When it comes to debt though, he is consistent. I think some people are just unhappy in these comments, or have been through a divorce and are resentful, or maybe you’ve just never found love to begin with. Regardless, you have to put yourself in the shoes of the people calling. If they get married it doesn’t make sense for one person to make money while the other lives pay check to pay check. If you combine household income, then you can also quickly tackle debt as a couple to move towards baby step 3, saving a couples emergency fund, house payments etc. I’d rather be a millionaire than worry about what other people think, especially people who are broke and have an opinion, as Dave would say.

[@blackworldtraveler3711]

They are simps and she should find someone at her financial level and frame of mind if anything. Nothing complicated here and nothing to be unhappy about. It’s just a comment section,don’t know them,and I don’t care what they do. Have my own financially sound debt free life enjoying this awesome year so far. These videos are just entertainment for me.

[@ctguitarguy8510]

I love how he said "you got fleeced" and she said, yeah, that's leased, lol. I think she misheard him.

[@cerebraldatajack4994]

you think a car is an asset? it's not. it's a liability and a lease is cheaper than owning something new.

[@unieboy5]

No, Samantha, you should not listen to Ramsey. Instead, try to postpone paying the debt off as much as possible because we are heading into massive inflation in a few years. Use your savings to buy tangible assets like gold, silver, and land as much as you can afford it.

[@omarsabih]

Marry me instead. I have 23K in savings and 40K in stocks.

[@MuscleMan500]

inflation is outpacing the low interest rate on your student loans, bad advice unless you're a person whos brain doesn't control their hands

[@hisaddle]

Right now Credit Unions are paying 5% for 6 to 12 months certificate

[@kdub175]

a lease is only bad if you plan on buying the car after, or you found a car you love and want to keep it at least 8 years. If you don’t even count maintenance, and take a person leasing vs financing to buy, the buyer doesn’t win till year 8. Which they have a 8+ year old car, with miles, and no warranty. The leaser as a 2 year old car, full warranty, low miles. Which you have to be getting aggressive leases, payment is between 1%-1.3% of the MSRP, no more than 1.5%. Basically paying less than 50% of MSRP in over 36 months. Take care of the vehicle and you may even have equity at the end which you can sell an recover some of that paid money. So if you want a new car every 3 years, full warranty & no service bills, pay less in the short term, leasing is a winner all day. If you already know you love a car, and you want it forever, and will keep it till the wheels fall off, then buy! In 8 years, you will be winning over the leaser, and every year after that saving thousands. Knowing which one you are is the most important thing. Shoutout Deshone 💪🏻

[@Thurgor_Supreme]

1) emergency fund 2) remainder to debt 3) if there's anything left, index funds Honestly though, there shouldn't be anything for step 3 if you're making less than 6 figures. Should be maxing out your 401k first

[@blackworldtraveler3711]

Harold Balczac Indeed. That’s why so many are using their 401k like a savings/checking account instead of retirement.

[@xSayPleasex]

Don't max out a 401K...Do up to the company match only.

[@Thurgor_Supreme]

@@xSayPleasex I'm going to be investing that much anyways. I might as well do a tax-advantaged account

[@michaelsasso13]

I’m good with a car lease. Yes, you pay a premium, but only $5000 over 10 years. Used to buy cars and keep them 10 years, and I did this for 30 years, then after adding up all the car repairs and maintenance the net result was $5k more over 10 years. The benefit is you get a new car every 3 years with paid for maintenance and massive peace of mind.

[@iamme7664]

A new car that you don’t own..simply renting it

[@danimoosakhan]

Leasing a car is stupid because she will need the car anyways after the lease is expired.

[@drmpilot365]

I would do a bare bones wedding. A friend of mine got married for less than 5 grand planning their own wedding and doing a lot of the leg work themselves. The money they save can go toward their debts.

[@MichelleStevens-hk2tg]

I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn't mean security. So I really appreciate your transparency and giving people a fighting chance during these troubling times.

[@richardgetty7669]

That's right. Having a job doesn't mean security. I also agree with what you said "giving people a fighting chance during these troubling times".

[@lopezjoe857]

So much wisdom in those words, what do you invest in?

[@lopezjoe857]

That's awesome really I've been trying my way out in stock market but I'm glad I switched over to the forex market before this current pandemic

[@MichelleStevens-hk2tg]

Really I'm a living testimony of the forex market I switched off dividends and drop shipping, they're all dead. I wish I knew about forex trading earlier. My current trade of $4,300 profited $21,000 within 14days

[@cjcole1005]

What really is forex trading?

[@joshuabatres182]

Take the bus or ride a bike and your transportation cost would be close to $0

[@suzannaflores1164]

This is me right now! Two bikes and buses carries me through all year while I pay off this debt. Almost done!!!!!

[@craigriley736]

the rich see an economic crisis as a garage sale that's why investing now is the key

[@charlesblanchard4065]

just recently got laid off and it feels like i'm beginning from the scratch, i have been researching on investing and I came across an investor on an internet radio who mentioned making well over $450,000 in 3months with an investment of $230,000 I'm a beginner and i really would appreciate any insight or clue on how to make good results

[@volkovfoley4656]

@@charlesblanchard4065 You should have considered an alternative source of cashflow way before now, it is called futuristic planning 🙄

[@craigriley736]

@@volkovfoley4656 well you didnt have to be mean about it. It is a good time to buy in on stock, so just buy in on stocks.

[@mikecuban6557]

@@charlesblanchard4065 As a beginner, I took a more practical step to learn to invest, I began through the guidance of a financial consultant and within 2 years, I have owned 2homes in the United states and car dealership all with the an investment capital of $150,000 so it is best to invest with the help of a professional.

[@charlesblanchard4065]

@@mikecuban6557 Kudos, please who is your financial consultant and how can i get in touch?

[@donnystack4396]

Dave, I love ya, but ain’t nobody who’s gotta household income of 80K is buying a decent car in cash while also affording living expenses and putting money aside for savings and retirement. This isn’t 1994

[@andrewsmith4284]

why not just buy a $3000 car? and put the other 10,000 toward his debt?

[@ryant2568]

I would do almost the same as Dave suggests but I would keep a few $ in the bank for the emergency fund.

[@adolpholiverbush5867]

He's 40k in debt and makes 35k a year? That's a joke right? Jesus Christ that was stupid.

[@janayewill3883]

blame college

[@Education-Edge]

Set aside some for emergency funds. Pay off debt then INVEST!! 🤙🏽💯🔥

[@rthelionheart]

I - as a man - would feel extremely embarrassed if my future wife were to help me pay off any pre-existing debt that I may have starting the day after getting married. If that dude carries such a heavy load financially speaking he is NOT then ready to tie the knot with anyone yet.

[@MoncaAhwen]

exactly, real men take responsibility for thei life choices.

[@brianallen140]

@@MoncaAhwen you don't get to define what a real man is.

[@swampcrawler4185]

"Getting married " and "yay" only go together for women.

[@Crusader143d]

wrong. I was happy to marry my wife. She is an amazing woman. Not everyone is miserable in marriage contrary to what you've been told or experienced.

[@jochem1986]

CrusaderFTW I’m a man and I would like to get married as well. But it’s going to come with a prenup because I want to keep our private lives safe from business troubles.

[@wanda9688]

The couple needs to do marriage counseling and enroll in the Financial Freedom Class like yesterday. Someone is bound into the potholes that they are overlooking.

[@DudeWatIsThis]

This is such a different world to where I live. I'm from Europe, and I've never had any debt (besides a mortgage), nor credit cards, and I'm 35. I also have MUCH more than 37K in savings. Dafuc are you guys doing on that side of the pond? Aren't you supposed to be wealthier than us? With the freedom and all that. We pay over 50% taxes here. And no, I'm not British. I said "Europe".

[@wmarkj]

Hope her 2nd marriage fairs better than this 1st one will.

[@leach713]

I got 55k and I’m using 15k for a house and the rest I don’t know what to invest in?!?!

[@tchrisou812]

How much is the house total?

[@user-bt7tp3sn5i]

Wow that’s cool.

[@Bubbasizer]

Just walk down the baby steps with the money...

[@agfb4039]

Index funds

[@leach713]

tchrisou812 227k ,I want to stay under what the pre approval.

[@MissSenex]

I married my husband and I had over $30,000 in debt. I am paying my debt and budgeting to get rid of this mess I created. Currently I owe $15,000 in debt. By the summer of next year I will be debt free. I take responsibility for my debt and have never asked him to help pay for it. We got married at a court house and it was lovely. Weddings equal more debt.

[@maroonhorizon1693]

She makes more money than him that’s why she was hesitant to disclose salary. She lied.

[@jessa9877]

How about invest it? 37k isn't much.

[@bluesuperman1]

:(

[@Chet_24]

Go to Vegas and bet it all on a single hand of blackjack

[@jarrettpierce5626]

Uh yeah don’t see them doing any of what he said

[@keilaarroyo7941]

I don’t think she was planning on paying her husband’s debt... lately I’m feeling like Dave is not listening to his callers as much as he used to 2-3 years ago. If you see one of his older videos you’ll notice the difference.

[@financiallift6185]

I will agree this video and call felt a little rushed. I was surprised he didn't ask more about why the guy hasn't touched his student loans at all, or just more about there financial position in general.

[@LydiaALau]

We're paying 7k for our wedding everything included and we're freaking out lol I can believe people be spending more than 10k

[@ianmunro809]

You don't pay peoples debt married or not. Also don't get married. Boom your set.

[@2023Red]

My solution is to elope over the weekend. Save the honeymoon for later. Buy condoms and learn to carpool. Never eat out. Read library books. And get good grades in a curriculum with jobs at the end of it. And wear n95 masks everywhere.

[@ordinaryman1603]

don't lose it to inflation. buy a home - be brave to get into debt, invest in good stocks. debt is not bad as being preached.

[@livenow13]

Good to buy a house now or wait a couple years?

[@MarkSmithhhh]

Debt is a powerful tool if you're afraid of debt you're running out of time and you're never gonna have anything you want

[@seugene7040]

Having a $300 car lease is not that big of a deal. That doesn’t scare me a bit

[@juliettezea9507]

It’s another married person- all the callers are married. More single people please

[@sup_monica3597]

Yes! I'm so OVER these dumb married couples! Let's see hear from some single people, specifically women, trying to get on the right track!

[@jaemane1]

Great point.

[@blackworldtraveler3711]

The single people I know will never call in to this including myself.

[@marcoinvesting5339]

*Loved* it Dave! You're the best *influence* I could ask for my *Personal* *Finance* and *my* *channel* 💓

[@tepanganiban]

I blew 10k when I was 18, just came up on some money at 38 and not about to do the same thing again lol

[@mitchaser5159]

Can I have $20?

[@everythingcrypto9588]

I need to talk to Ramsey

[@Je.rone_]

Dang gal good job!!!

[@uknasa007]

3:50 excellent advice

[@financialfox8088]

Work the Baby Steps!

[@jimroscovius]

I don't think what Dave said is going to happen.

[@ChildishDicaprio]

This was hilarious lol. I feel kinda bad for her. She has not idea that she really doesn’t have any saving considering she isn’t out of debt yet and still paying for a car. Hope hubby doesn’t have credit card debt or get into more debt paying for wedding

[@GARNET-DAGGER-FF9]

Vegas!

[@MMTInvesting]

Good luck, there are no fundamentals in investing this year 😂

[@MMTInvesting]

@@MagicMetalMoney casinos are closed so stocks is the game this month 😂 enjoy

[@blackworldtraveler3711]

I’m getting over $8k tax free dividends,and $2500 unrealized taxable from my investments monthly. Trading stocks I’ve made over $120k in realized gains so far this year. I’m also completely debt free with no financial issues. Can’t complain. Update: make that an additional $32k today. Stops kicking in.

[@vonzaag4555]

lol. She just wants to buy a house, not pay for debt that’s already been accumulated.

[@mrsm3442]

I wouldn't marry in these conditions. It will be messier in few months. Good luck, anyway.

[@Elva_Calderon]

If you want to invest DO NOT CALL DAVE. IF you want to get out of debt then DO CALL DAVE 😂😂

[@angiecrocitto]

3:55 👏🏼

[@kenziem6156]

How do I call into the show?

[@kevinursuchadisease]

“Car payment will always keep you from being wealthy.” That is mathematically and logically incorrect. Only a sith deals in absolutes.

[@investigator-wx2qd]

Put it at sp500, or rental property in midwest.

[@insideoutsideupsidedown2218]

And you are not getting any credit cards to fund you living room set and he is not buying a new car because he just got married and its the thing to do.

[@timvibes]

Invest in real estate.

[@WalterDorcas]

Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.

[@rapp-in1mz]

I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!

[@bonner-qv3mi]

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

[@WalterDorcas]

I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.

[@bonner-qv3mi]

""Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!!!

[@asterisk911]

Buy $37,000 worth of Hertz stock.

[@mrniceguystocktalk9648]

37 grand ? Vegas is now open 😃maybe you get lucky

[@DJ-ws6je]

Car notes are bills. Americans really do have spare cash to throw out, don't they?

[@blackworldtraveler3711]

Yup. Especially someone else’s cash with credit cards and loans.

[@DJ-ws6je]

@Johnny Five Indeed, it is in a perfect place.

[@anarchy1090]

Johnny Five put it in the stock market you’ll get rich . Savings account isn’t as good as returns from stock market

[@adolpholiverbush5867]

Not really most of us just stay poor to have an expensive car note because it's a status symbol. meanwhile people like me have 15k in the bank and drive a 04 Honda with 215k miles on it. I'll never take on that kinda expense unless my investments can pay for my living and the car. If it blows up tomorrow I'll spend another 2k on another cheap car.

[@ryanschickmusic]

She should be putting up money for the wedding. That's ridiculous

[@tinateews9494]

All good advice except paying her husband's to be debt. Debt prior to marry is his or her responsibility. Unless he or she caused some of the debt as well.

[@bovinebeautymoo2884]

Sounds like SHE is way more invested in the savings and future than Finance. She hesitated when Dave asked finance debt and work.

[@MoncaAhwen]

DO NOT PAY FOR HIS STUDENT LOANS.

[@t.marieking3239]

She should get out of the lease or after the lease expires get a cheaper car to pay cash. She should pay for school. Then her and the husband need to make their plan to pay off the 40k in debt & build more savings