Is the American Dream Still Achievable Today?

Excerpt from This Past Weekend w/ Theo Von #498 | Dave Ramsey
Full Episode: • Dave Ramsey | This Pas...
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[@sergrum1082]

Boomer final boss

[@PandemicGameplay]

lmfao

[@xrpnick6828]

🤣🤣🤣🤣🤣🤣

[@r_mitch8090]

Great response

[@bigdaddyflavortown4606]

The Boomer Final Boss is *JESSE VENTURA* in *THE BAJA*

[@SATX_]

💀

[@ekurisona663]

he thinks that the financial challenges that American face now is similar in nature to the hippie movement? what in God's name is he blathering about 🤣

[@bruv1039]

Working 2 jobs, still nothing to save after bills. I guess I'm just a dirty stinkin hippie.

[@ThePinnacle415]

⁠@@bruv1039- Well I love you whether you are or aren’t a dirty stinkin hippie… but that’s because I’m a dirty stinkin hippie with nothing to offer but positive vibes lol

[@SpacePope420]

Baby Boomers Copium levels are insane. Inherited the richest and most prosperous nation to ever exist, lived during a time when the country was made for them and money fell from the sky. Then they got old and bitter that the fun is over, and handed over their grandkids birthright to "outside interests"

[@ASDasdSDsadASD-nc7lf]

Be glad when the boomers are gone entirely. They are entirely out of touch with anything that has happened in the past 40 years. 1) Proportionate disposable income at an all time low, the lowest in 70 years. 2) A college degree will not get you an entry level position at any company without a direct referral from a relative, period with the exception of I/T which is a career dead end. 3) Bank collateral for loans to fund/expand your own business are 4.5 times higher than 40 years ago. 4) No one retires that has positions that pay a wage comparable to the wages of a middle manager from 40 years ago or above, so forget getting those positions...ever. 5) There is zero company-based employee commitment or redevelopment 6) 99.4% of all manufacturing for goods sold in the United States are now in China, so zero opportunities for employment in the manufacturing sector. 7) All jobs have been dumbed-down to reduce employer wage costs, having at least three low wage redundant people at each position to ensure compliance and the threat of being fired if suggesting a wage increase. 8) Objective unemployment is between 22.4% and 38% for a reason. 9) Individually owned retail stores have not been viable for over 20 years. So no retail ownership and no manufacturing, only service jobs possible, i.e., college is for chumps if you don't have a connection. I could give a couple of dozen more reasons but you are not reading this anyway. Source: Small business developer successfully transferring revenues from corporations to small business owners for the past 28 years. This success allows them to earn just above break comparable to working at McDonald's for the same hourly rate..

[@sdjslkdjlsskldjslkdjsl8262]

yup. the most evil and most lead poisoned generation

[@unitedfirearms1057]

He is down playing inflation for sure. 30 years ago, if you compare the price of a new truck and inflation. The truck should only be around 40k, not 60k plus for the same truck.

[@axlesolace6502]

Exactly. Families used to survive and thrive on one income.

[@unitedfirearms1057]

@@axlesolace6502 yea. It's a shame

[@johnnybronco9118]

Get what ya vote for.

[@unitedfirearms1057]

@@johnnybronco9118 they divide us, but really, none of the parties matter. Divide and Conquer is an art of war. They make us feel like we have the power to vote for a leader. It's all a joke.

[@hurricane1nox]

@@johnnybronco9118 votes dont matter lol

[@nbe4671]

It is harder. Not the same as our parents…if your about 40✅

[@axlesolace6502]

Exactly

[@robertensign8786]

@@axlesolace6502I’m 43. I’m debt free own a 468 acre cattle ranch paid for and my wife and I worked our ASS’S off to get where we are at. Nothing handed to us. You CAN still go out and get it done. No one cares….. work harder pusssssssies

[@PineappleGrenade84]

Nope it’s easy

[@extended3779]

Harder in some ways easier in others, get hip

[@extended3779]

Harder in old ways easier in new ways, get hip

[@MadddyDadddy]

Yes it is! I'm 50 years old. It is much harder now than it was when I was younger.

[@steelearmstrong9616]

Yep. The guy is out of touch and full of it

[@johnnybronco9118]

Oohhh...Things a harder...Wahhhh

[@FreshYoungDude]

Asking a boomer this is wild.

[@drock7601]

Why is that? Maybe listen? Just a thought....

[@Ghostface-1393]

Does that comment make you feel better about yourself

[@axlesolace6502]

It’s way harder. This guy is not living in reality.

[@l-train7876]

Why is it harder? I’m 41 with no degree, doing fine.

[@p0llenp0ny]

@@l-train7876 You squeezed in just under the wire. Congrats.

[@l-train7876]

@@p0llenp0ny meaning what exactly? What does “hard” refer to specifically?

[@p0llenp0ny]

@@l-train7876 Wrong guy, mang.

[@johnnybronco9118]

​@@l-train7876These people are just making up excuses for their personal inadequacies....life's not easy

[@ciaranmccormack4434]

I’m a manager in a large pharmaceutical factory with a good salary. It’s not possible for me to afford a house. Yes barista’s could never afford a house but I earn more then 70% of the population and now I can’t either

[@realrobh]

I'm not saying your wrong... but I am saying there is more to your story if you make more than 70% of the population and can't buy a house

[@sdjslkdjlsskldjslkdjsl8262]

@@realrobh ok boomer

[@realrobh]

@@sdjslkdjlsskldjslkdjsl8262 First of all... as a millennial... I don't subscribe to labels

[@theislandsc]

George Carlin has a bit that describes baby boomers almost perfectly.

[@axlesolace6502]

I’ll have to find it.

[@requix11]

“Go get a pressure washer”

[@freeze1305]

A reliable industrial grade pressure washer (which is what you need to run a reputable pressure washing business) can easily cost anywhere from $4,000 - $10,000 (Plus you probably need a work truck to haul it). The average person is only capable of reasonably saving between $80 - $120 a week after taxes and non-discretionary spending . So Dave's solution is to save up w-2 wages for between 33 to 125 weeks straight and then go into business for yourself (probably working after your primary job and/or on the weekends). Wow what a great system we've developed here. Why don't these boomers just be honest and say the quiet part out loud. "Work like the slaves that you are, so we can continue to live like lords over an empire we didn't build and won't exist when we're gone."

[@r_mitch8090]

lol - While you’re here writing a thesis on KZbin, my 16 yo son went out and bought a pressure washer on Facebook marketplace for $250. He did jobs with it until it gave out. THEN he bought a high end model. Yes, while you are complaining, he is out hustling a dollar.

[@freeze1305]

@@r_mitch8090 And how many decades of pressure washing will it take for your boy to save up enough money for a down payment on a home? Statistics don't lie, it's around 3 to 4 times more difficult to live in 2024 versus 40 years ago. What is the point in playing in a rigged game. None.

[@arjundhaliwal8853]

@@freeze1305where r u buying ur pressure washers from 🤣🤣 I got mine for 1500 it’s 3200 psi and can be carried around in my SUV. Stop over exaggerating so much holay

[@arjundhaliwal8853]

@@r_mitch8090fr this guy thinking pressure washers are 4000-10000 must live on mars

[@grbggaming6885]

The middle class has been dissolved. Dave is so out of touch.

[@robertensign8786]

Nah, you just live outside your means. No one cares….. work harder crybaby

[@axlesolace6502]

Yes

[@lawrencelivingstone5651]

Exactly. And that is what Marx and Marxism is all about. Marx hated the middle class. The commies are in full control.

[@boodle4960]

Talking like a loser

[@drock7601]

I beg to differ! Do you know anything about him at all????

[@jewelrybag4557]

Doesn't this guy see inflation, a record national debt, growing income inequality?

[@theshapeexists]

Not from his mountain top mansion

[@iketinknocker5033]

Look up Jimmy Carter. And research that moment in time. Whether you like this man or not, he's not wrong.

[@dianeb.4782]

You are so correct. Inflation was much higher during Carter, there were gas lines with "odd n even " every other day. It was crazy hard times!!

[@jewelrybag4557]

@@iketinknocker5033 was the gross national debt 34 trillion back then? Also, owning a home is impossible now compapred to back then

[@K2mtp]

​@@iketinknocker5033the difference between now and then the government manipulates the markets so much now they won't even allow us to go through the hard times anymore. Our interest rates have been artificially low almost zero for a long time. They will continue to kick the can down the road until the system falls apart.

[@matwest711]

Bro the numbers don’t lie😂 my dad worked stocking shelves and his mortgage was a third of his income. I instal solar 50 hrs a week and make 17 an hour. I obviously cannot afford a house.

[@Theacademyofselfhelp]

Nobody is saying NO ONE can get ahead, only that it's nearly impossible to do so as an employee or non conglomerate small business without aspirations for world domination - and those two groups are absolutely vital to a well-functioning society. Not sure if he's being purposely obtuse or is really out of touch with what the discussion is, but if it's the latter, maybe this will help.

[@adaptandcreate]

“I’m fairly smart but not a rocket surgeon”😂

[@usedconn41]

Get off ur butt and grab a pressure washer….. you’ll get that million dollars ……

[@p0llenp0ny]

lol he unironically thinks it's that simple. 😂

[@MD-pz3cn]

If you don't understand what he's getting at, you're not going to ever be satisfied in life. Plain and simple.

[@sneed7123]

​​@@MD-pz3cn I'd make it further in life by ignoring these stupid boomers.

[@mshepherd2154]

Love Theo but Dave is the worst person to answer this question

[@PineappleGrenade84]

Aww stop whining and get to work

[@mshepherd2154]

@@PineappleGrenade84 if you like Dave Ramsey, you’re either deeply in debt or an idiot. His advice is meant for people who are broke & bad with money.

[@joseeduardo4327]

@@PineappleGrenade84you just cracked a whip to the guy who had shepherd in his name

[@mshepherd2154]

@@PineappleGrenade84 if you like Dave Ramsey, it means you’re poor. Sorry that you have to find out this way

[@PineappleGrenade84]

@@mshepherd2154 yea debt free with 6 months of emergency I’m so poor 😂😂😂

[@nonjaninja4904]

Oh no not the ultiboomer.

[@briancomforti3890]

Oh no cringe

[@RubeeRoja]

The first thing I said out loud was, " Ohh no. Is that Grandpa Dave??"

[@briancomforti3890]

@@RubeeRoja back in my day a car was a dollar

[@praisegod3267]

What a terrible fucking answer. I work nearly 100 hours a week 29 with 1 kid and wife pregnant at home and for damn sure I cannot save more than 100$ a month

[@dmxgg2033]

Yeah but this dude has never experienced that so he chooses to only believe what he has experienced.

[@stormcorrosion176]

Boo boo buddy, boo hoo.

[@_will795]

100 hours. How the hell you got time to be on KZbin lol

[@AmB39]

There’s literally no way you work almost 100 hours a week. There’s also no way if you did you couldn’t save more than 100. Unless you got yourself and insane mortgage

[@camcooley6395]

100 hours a week ? You are doing something wrong …do you have a car payment ? Credit cards ? Eating out too much ? Surely there’s something you can do to get ahead …. I’m not being a dick I’m just saying 100 hours a week is insane

[@lawrencelivingstone5651]

Because the 'invisible hand' has become a visible steel-toed boot.

[@notherestillnothing]

The topic today is how hard is it to be middle class in America? Here to answer this question is a rich boomer.

[@dmxgg2033]

🤣🤣🤣right tho?

[@olivetree9920]

The middle class is fine. The issue is that nobody can afford to be middle class

[@JacobsNews]

​@@olivetree992042 I'm literally getting rid of all my stuff and buying a Class A and renting out my house because I can't afford to live in it anymore😂😂

[@amireallythatgrumpy6508]

The middle class hasn't existed for 100 years

[@GhostxBiscuits]

It's called the American Dream bc you gotta be asleep to achieve it.

[@Lildoucheboy]

Bars

[@Mike-bs5xi]

To believe it.

[@p0llenp0ny]

believe it*

[@nstovah8314]

Dude, housing prices and interest rates are absolutely insane right now. This guy does not have his finger on the pulse. He got ahead when things were easy and honestly thinks things are still that way. Living up to the boomer meme for sure.

[@amireallythatgrumpy6508]

Interest rates are only medium right now. Be glad they are not 15%. Otherwise you would REALLY be in trouble.

[@Mike-bs5xi]

Dave’s on something if he thinks it’s the same getting a house now as it was back then. NOT even close DAVE.

[@bernadette573]

It's not the same but he is right that you have to choose the voices you listen to. It's maybe more clear if he had said no one is coming to save you. Helps if you find the people in your family that made it and stayed middle class and start hanging out with them, just shut up and listen, make contacts and when you speak be civil and ask about opportunities. Constructive people actually help.

[@chimpchimperton]

Dave is so full of crap. The deck of cards is getting taller for the younger generations and he knows it!

[@p0llenp0ny]

Housing has always been expensive?! No it really hasn't. My parents bought their house for $12,000 and had it paid off in 20 years all while raising three kids on a single income. That just isn't possible now.

[@Matt-yz3iq]

I was in the grocery store the other day and this woman next to me was swearing under her breath. I looked over and she goes I’m so sorry.. I’m 87 years old.. I have grand kids and I have no idea how they are supposed to survive with these prices. Good luck to you sir.. and she walked away lol.

[@MD-pz3cn]

Dude, 10 years ago when my grandma was still alive, she thought $5 on holidays was a big gift. You're going to listen to THAT lady?!

[@Matt-yz3iq]

@@MD-pz3cna little ya

[@theMemphisSnuggler]

Pressure washer = owning home Boomer logic

[@Allergic2broke]

Another boomer in denial. Can’t make this stuff up 😂

[@Lighthouselinda]

I agree with most of the comments here saying that Dave Ramsey is out of touch with reality. Personally, I am approaching 30 and my partner is in his mid-30s. Neither one of us has a down and out midset, we are extremely optimistic, and hopeful. Yet the reality is that we have struggled financially for years and it feels like theres only a small sliver of potential to make it out of this situation. We work our asses off, we are intelligent and skilled, but we still have not recovered from financial baggage incurred over the 2020 COVID shutdowns. Our debt piled up and just keeps climbing, despite working full time jobs and side gigs. We can barely make ends meet. We are college educated and we both were unable to work for about a year in the state of CA because our industries were affected. You aren't "taking away someones hopes" by saying that the American Dream is dead, instead you are invalidating their very real experience. The American Dream doesn't make people hopeful and you can't take something away that isn't there. The younger generations can see that very clearly. I know there are other people in far worse situations than me and I find it narrow minded for Dave Ramsey to deny that there are people out there fighting a losing battle.

[@amireallythatgrumpy6508]

Are you American or intelligent? They're mutually exclusive.

[@RustyShackleford-od1nd]

You guys should consider getting out of CA and moving to a LCOL state in the Midwest or South, its more affordable!! Good luck to you both, it's tough out there right now, but you got this!!!

[@1958Studebaker]

Dave Ramsey is pretty cool. I've listened to him for years.

[@freeze1305]

If you only listen to Dave, then you never get the chance to see how disconnected from reality that he is and how wrong he is about 90% of what he talks about.

[@RyanTrent]

I would definitely say it’s hard. Yes I did do it but barely got by. If I was in the same shoes in today’s time starting out, I don’t think I would have nearly anything compared to what I have now. When you have a lot of money you tend to not see the real struggles. I’ve listened to him and even bought his books before but a lot of it isn’t reality. I’ve worked my butt off and I’m not sitting on a million. He says do all that with no debt, yeah right. Come to a small town and try that theory. You would have to move off, some folks love family over money and material type things, instead of being content with what you have this guy seeks out to get more and more money. Something wrong here. Everyone likes nice things and most would be content with a home. I know several people that are young, they have zero debt, they are educated, work from sun up to sun down, and are having to live in a camper. It’s not the same brother regardless what you say. Being a lazy slob in a small town gets you more benefits than the working man in today’s time.

[@BattleBro77]

Not just America, most of Europe and the commonwealth too

[@crazydolphin33]

Another baby boomer who's completely out of touch.

[@amireallythatgrumpy6508]

There are exactly zero Americans who are in touch.

[@freeze1305]

Dave is verifiably wrong. In 1970 a single income household could get by on a entry level wage. It wasn't easy, but your average Joe could work a factory job and support a wife + 2 kids. In 2024, you have to have high double income with no kids just to own a home.

[@TJ4A9]

lol this is so stupid. Factoy jobs across America are mostly unionized and entry level jobs are paying triple the minimum wage.

[@JacobsNews]

​@@TJ4A9the guys that are starting a factory today even if they're unionized they are not able to support a single parent working house they can't even qualify for a house today😂😂😂 my grandfather worked for GE bought a house and7 kids and went on two vacations a year

[@p0llenp0ny]

@@TJ4A9 Depends what state you're in.

[@amireallythatgrumpy6508]

Of course he's wrong, he's American.

[@tannermaxwell7321]

Income did not increase at the same rate of house pricing and inflation. This is not a defendable topic. IT IS harder to become a home owner, shop for groceries, and fill up your tank than it was 40 years ago.

[@PineappleGrenade84]

Dave Ramsey is the man 🫡

[@greaseguns4251]

Completely out of touch

[@vincepaperclip7874]

I'm no expert but considering the US population has doubled since 1950 and property within a specific area is limited, I'd have to imagine a doubling in demand would naturally cause the costs of houses to increase... Tack on inflation and stagnant wages, it is hard to believe houses are as relatively affordable as they once were...

[@tragzz]

He completely dismissed the perils of this generation. So out of touch

[@bernadette573]

He grew up during a time people were drafted right out of high school. You're an entitled twat in his eyes.

[@Hello_jo]

Dave isn’t out of touch. If Dave admits there is no middle class then Dave doesn’t have a business, lol.

[@libertyforever836]

Talking to Dave Ramsey, about financial matters is like talking to a self proclaimed car mechanic who doesn’t know the difference between a Car steering wheel and a car tire, but thinks they’re both the same because they are both round. This man talking to Ramsey does not understand, nor does Dave Ramsey, that the reason the American dream is further and further away is because we don’t use money anymore. We now use Fiat currency and have since 1971. The government, Prince and Prince and Prince and the more it prints the less it’s worth so it takes more and more and more of it to buy anything. What we call money today is not money at all, but is debt.

[@lifeasheather8014]

A lot of people can’t pay someone to pressure wash for them. Dave has been outta touch for years. 😢🎉

[@amireallythatgrumpy6508]

As have all Americans.

[@jonathanvincent4960]

I love all the people in he comments proving Dave's point lol

[@cbishop41483]

I will say it seems as though its harder nowadays to get ahead, but as someone who was homeless at 18, now 41, and successful, with a loving wife, house, and decent retirement fund, it comes down to kick ass and take names. Be smart, save your money, spend wisely, and never back down from bettering yourself to earn more. You'd be amazed at what you're capable of when pushed, challenged, and fully measured.

[@JacobsNews]

Well I'm 42 when I bought my house in 2019 I would not qualify for it today how much is your house compared to when you bought it a kid just starting out needs to make $20 an hour today to rent an apartment in Myrtle Beach😂😂

[@microusb42069]

Being homeless over 25 years ago is not the same as being homeless in 2024. You sound just as ignorant as this fool does.

[@IamJMcGill]

Shout out to Dave but he’s stupid disconnected lol

[@amireallythatgrumpy6508]

Living in the USA has this effect

[@garrett21]

You watch one video telling you you’ll never get ahead and then the next video is some kid making thousands with his iphone. Crazy dichotomy because the opportunity is there.

[@rafaelgarcia5797]

Bro the hippies in the 60s were protesting a war that was fought in Vietnam where thousands of people were needlessly dying. There has always been people saying that America sucks with GOOD reason. Just because some people manage to make by does not mean that America is fine.

[@dustingermain7037]

To sit there and down play it like it's just as hard today as any other time is completely ridiculous. When I bought my house in 2011, the median home price was about 3.5 times the median household income. Now the median home price is over 5.5 times the median household income! I'm an engineer and make a pretty good living, but I can't imagine having to buy my same house in today's market.

[@AKBRONCOSFAN007]

It’s suppose to be hard folks. If it were easy everyone would do it. The key here is having hope and keeping your eye on the prize. The other issue is the easy credit everyone has access to which is sinking everyone’s future because of the debt they’re accrued. No wonder everyone thinks they can’t get ahead.

[@Joshpower57]

Uhhh I’m not a hippie. I’m conservative and Dave is extremely tone deaf here. The housing market has been completely manipulated by people like him and the bailouts the government did along with the money to Ukraine completely caused a massive inflation. His generation mainly caused these issues and continues to hold onto power in all aspects of government because they don’t want to let go of that power. Jill Biden is the best example, she is using her husband while he’s extremely compromised just so she can keep power. I get holding onto hope, but my guy, your generation is killing the hope left and right while saying we aren’t positive enough. The reverse of this is young people cutting social security off, ending Medicare, and telling old people they don’t get to own their houses anymore, they go to the next generation. That’s the setup the past generation made. I honestly wish we never shut down for Covid, the most at risk were his age group and they do not seem to care about us

[@WildBranch3]

He is the loud noise. Inflation has outpaced wages dramatically. It’s nothing like the 70’s ( those metrics for measuring inflation have been eliminated by the Fed). And it’s way worse than 2008-9.

[@videomonster9778]

The average home price vs the average income has like 5x'd in the past 30 years. He is out of touch.

[@garrettbewsy144]

the best thing he could think of is pickup a pressure washer lol

[@TruthScrotum]

Dave Ramsey is weird man. If you ever listen to his show, there can be some valuable advice. Understanding how to actually really fucking pinch pennies and work hard and save. But at the same time some of his takes are clearly so so so out of touch. Literally that quintessential boomer take about life. A lot of shit that he ignores. Some insightful stuff. But totally blind to a lot of stuff. Simply put, clearly the rate of inflation of income has not kept up with the rate of inflation of housing and virtually all other expenses really. But most severely college and housing are no longer proportional to income in the same way they were back in this guys time. But at the same time, one has to believe they can do it. Giving up hope does nothing🤷‍♂️

[@Mojorisin1293]

Dave is the delusion king.

[@amireallythatgrumpy6508]

All Americans are delusional.

[@truthtruth935]

Well put it this way. When I was 24 in 2004 making 12 an hr and my wife made 12 an hour I bought a house. So yeah. It’s a lot harder today.

[@SnackeyG]

Dave is so out of touch.

[@amireallythatgrumpy6508]

Well he does live in America. That causes people to be out of touch.

[@kevinbarr9933]

Well the average house price in Vancouver Canada is 1.600,000 and its only getting worse. If any Vancouver resident cashed out and went down south they would be living the American dream

[@c2s2942]

Easy to say that when your net worth is already 600 million and you’ve been able to capitalize on the two greatest wealth building booms in history, while the rest of us can’t even buy a house.

[@johnappleseed203]

As a 31 year old who use to be homeless, I turned it all around. First time I checked my credit it was 510, my Dad joked and said he didn't know they went down that low. I literally listened to Dave Ramsey and turned it all around on a flight attendant salary. My wife and I are approaching 500k net worth from our 401ks, savings, and what our house is valued at. It's crazy hearing everyone around me tell me it can't be done and then I'm like, bro I did it, and they instantly try to justify how I somehow got it but no one else will. It's all mindset

[@VikCalo]

Ok be hopeful but be realistic. This is not your parents America - middle class means 🏠 🐕👩🏻‍🍼Let’s face it today’s American dream is financial freedom. Live below your means and have money to live. Don’t look rich and live poor. Don’t be rent poor. And don’t be afraid to go live abroad. Stay well fellas. 1 love

[@amireallythatgrumpy6508]

The middle class hasn't existed for 100 years

[@ct00001]

In the 80's, a home cost roughly 3 times the average annual salary. Today, a home costs 9 times the average salary. Once again Ramsey smugly demonstrates a total lack of awareness. Yes I agree with playing the game to win, but you can't play to win if you won't even look at the cards you've been dealt. The first step is to acknowledge reality.

[@abovemypaygrade491]

2 things can be true-we can all make better financial decisions to better ourselves and the system is rigged

[@uploderpilot]

If I would have listened to Dave Ramseys advice..... I wouldn't have bought a home nearing $300k in value at a now 7% interest rate ($700k) in 2014. I bought at $130k with a 2.75% interest rate ($220k total). His advice is ment for the people that want to compete with the joneses and are absolutely wreckless with their money. This guy has no understanding of market fluctuations or inflation. Theo is my boy! Buy a home you can afford if you get fired. If you spend more than 10% of your take home on a car..... you're an idiot. Vehicles lose value.. that's their super power.

[@kzilla3]

😴the only thing i believed is he got his house for 2 baskets of strawberries.

[@jonstafford7609]

The most typical boomer interview ever. Big L on this one dog…

[@TheMoFauxs]

America is the land of opportunity. But if you miss it… then your fucked. He’s right and wrong at the same time. You absolute can become a millionaire today when starting from nothing. HOWEVER, the amount of work and sacrifice you have to make to get there today is EXPONENTIALLY higher. You definitely can work two jobs and never eat out and never travel etc. and be pretty well off in ten years. But in today’s world, an emergency like a blown transmission or a surprise surgery can be devastating to someone trying to get ahead. And a lot of getting the emergency fund funded to its max is being lucky that the shit didn’t hit the fan along the way.

[@gunni4317]

The guy should check some statistics BEFORE start talking bs! Reality check needed! 😁 👍

[@jessem4659]

Housing prices are double Rent prices are double Cost of education has tripled Median wages have stagnated Common example of how hard it is in Real Estate.... Millenials are competing with corporations/ wealthy investors buying up single family homes to rent out, airbnb, or just sit on them vacant or as vacation homes VS a group of first generation home buyers who can't afford to buy houses they actually plan on living in. Boomers are the ticket scalpers of today.... buying up things that future generations need, selling it back to us for more, and then making us feel like we're lazy or entitled for wanting the same opportunities they had

[@dextermcgrubbin]

Yes, the dream is dead for most entitled Americans. Immigrants are still absolutely crushing it.

[@riner9]

This is not a crossover I expected. Love the Ramsey show. Listen every drive into work.

[@whatsup89100]

I have a lot of respect for dave, but come on, housing prices are not only increasing a rates that well exceed wages, but are now also being manipulated by investors.

[@Brutuscomedy]

"American Dreams" by Papa Roach 🤘

[@hellosunshine3304]

Being over the hump - you can't give perspective on how the middle class is doing now. Inflation is at a 40 yr high and it's actually higher - just not reported. I'm worried about buying groceries. Screw buying a house right now. We're just trying to get by.

[@amireallythatgrumpy6508]

The middle class hasn't existed for 100 years

[@theauntofdragons]

He's right. They've brainwashed us so much to be so pessimistic. It's all about priorities. Every generation has had to "adjust". Do you want to spend your whole night at the bar, or would you rather stay home and watch a movie with your best friend? Priorities. It's possible. Stay hopeful.

[@michaelwallen5652]

Only if you sell a percent of your soul or are in the 1%

[@dmxgg2033]

To all the people saying “you just need to work hard” hard work stopped being valuable once technology and industry took over.

[@shellac23]

Get a job in IT. it’s what I did

[@JacobsNews]

​​@@shellac23make sure you keep that job a guy just did a video where he did 600 applications to IT jobs😂😂

[@shellac23]

For sure AI will be disruptive tech but you still have to work with it and tell it what to do. Along with that you have to rewrite stuff all the time in new languages…. Deal with security concerns…. Audit…. Budget….. it’s not just like you’d be out of a job over night. Things change over time. Getting a job in tech was the best decision career wise I’ve ever made. Nerds always eat

[@dmxgg2033]

@@shellac23 honestly I’ve heard good things about IT and have thought about going into it after hearing how much one of my co-workers sons is making

[@MD-pz3cn]

"Technology and Industry took over..." You mean technology like the transistor in the 50s, or Industry like oil, steel, manufacturing? If so you're about 80 years too late there bud...try again.

[@Piccolo_Re]

Dave offers good advice, but let’s be honest. He was once a millionaire. And now he is a millionaire again who owns a large corporation. He isn’t your average American. He is a black swan. His advice will help the average person but becoming rich off it will take your entire life unless you are a type a personality who can sleep 4 hours and work the rest.

[@mr.bubbles514]

here i am one year away from my masters degree wondering why im still struggling little did i know i just needed a pressure washer

[@paullemiremusic3101]

Great show! But I’ve never understood Dave’s investment advice regarding getting into mutual funds. It’s proven tenfold that low cost index funds are the way to go. Don’t be fooled people! Survival bias is a thing. 40% of mutual funds end up failing

[@amireallythatgrumpy6508]

True of ALL types of investment.

[@matthewhoward3814]

Everyone in these comments has Eore as there spirit animal I bought a house at almost the peak of the market during the pandemic working a warehouse job with two kids and a car payment at27 years old I work with a lot of people my age without kids or car payments and I constantly here I can’t afford to buy a house while they rent a house for more than a Mortgage payment I suggest people try to learn from real world experiences instead of KZbin videos maybe talk to a realtor or financial adviser yes it cost more to do it today but that doesn’t mean it’s not worth the effort

[@amandap5385]

We bought our house a few years before the market went crazy, but on paper we could just squeak by to make the house payment. The house was paid off in 8 years 4 months and we paid off a 2022 vehicle while we were at it. For 6 of those years, we were making a combined income of LESS than the average American income.

[@matthewlysne]

I am here for all of your pressure washing needs.

[@SuperWinter42]

Never take advice from Boomers.

[@amireallythatgrumpy6508]

Correction: Never take advice from AMERICANS.

[@leahcimwerdna5209]

Harder for sure, unless you are born into family money, not all Americans have had their family here before Ww2, not all had plantations and land. Just did a job for someone who was 4 during Pearl Harbor, he was mentioning how hard it was back then also, realistically the Govt doesycare about its people, some in it might but most want that easy money baby

[@JacobsNews]

Economy was booming after ww2 that took us out of the great depression out old people lie😂😂 Gross national product (GNP), which measured all goods and services produced, skyrocketed to $300 billion by 1950, compared to just $200 billion in 1940. By 1960, it had topped $500 billion, firmly establishing the United States as the richest and most powerful nation in the world.

[@leahcimwerdna5209]

@@JacobsNews doesn't mean there wasn't struggle, you grew up during that time?

[@JacobsNews]

@@leahcimwerdna5209 you can have struggles, but life was easier in general. Ww2 ended 1945 America had the largest boom. The economy overall grew by 37% during the 1950s, and unemployment remained low, about 4.5%. At the end of the decade, the median American family had 30% more purchasing power than at the beginning.

[@leahcimwerdna5209]

@@JacobsNews lol all I was doing is saying what someone told me, you lived in that era also?

[@Hitanother5multi]

Success is subjective

[@Diangelo-l1o]

It's way harder. Things are way more expensive. Are people good at saving money? I'm not lol I need help.

[@onenikkione]

You got D-Ram on the show.

[@beastleemain]

Bro what. Lol I just not long ago started watching alot of Ramsey and then I found out not too long ago that my supervisors wife works for ramsey and they moved to nashville for her to do so. Just saw Shane Gillis last weekend and theo made a guest appearance at the Ryman it was great!

[@KB-mf8ef]

I think a lot of it is what area you live in. Kentucky is still very affordable and plenty of jobs.

[@clamsoup]

He admitted that he wasn't a rocket surgeon..... enough for me.

[@MD-pz3cn]

You're dense if you missed the joke.

[@AdamHuishStreaming]

really liked this video

[@jamesk5762]

Theo, please interview a bitcoiner. There’s way more to bitcoin than it just being made up internet money. The blockchain is extremely valuable and should be understood by all. Michael Saylor, Jack Dorsey, Max Keizer or Jack Mallers are great at explaining to those that don’t understand.

[@Thedjeatsalot]

Love theo. cant stand ramsey

[@maylee5928]

Did he say “rocket surgeon”?

[@amandap5385]

Yes, but he's fully aware of how ridiculous it sounds. He says stuff like that often because people with nothing constructive to add to the conversation will cling to it and rag on him to make themselves feel better. (Not calling you out by any means, or saying that's what you did...IJS)

[@beefyogurt]

The question shouldn't be how to make money but how to save it.... rather, where to save it because your purchasing power is being eroded away whether you like it or not and it's all up to the Federal Reserve and if they decide to increase or decrease interest rates... both of which cause inflation. It's just a matter of now or later. Imagine living in this clown world where the money's ability to save you're time and energy gets determined by each one of the Federal Open Market Committee's eight meetings throughout the year.

[@SuchandSuchMaui]

I need to witness Dave Ramsey meet Jesse Lee Peterson

[@PandemicGameplay]

Yea Dave, let me start my pressure washing business (with all the business fees, taxes, local permits, etc.) otherwise I may get sued to oblivion in the modern age. Ill pressure wash stuff to make $200 on an average job to break my back so I can afford groceries for a week.

[@kevingen5461]

Dave calling things evil? The game he is playing here is maintaining the status quo because he's on top 😂🤣. This has to be his most ridiculous information he's ever put out. He has lost his soul if he won't back pedal here.