The Ramsey Show (REPLAY for December 27, 2023)

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[@dianemorris3536]

My daughter took the Dave Ramsey personal finance class in high school. After graduation she went to college has a Bachelors degree. Elementary school teacher. She paid off her student loans in 2 years and paid cash for her car.

[@jadevu904]

Congrats on the success

[@bellacee9358]

Dang!

[@myBquest]

Wow!! Such an amazing story! I am also about to pay a car in cash this year, and will buy a land of my own soon too I hope. It is possible, but you need to be responsible of your own life.

[@kenwilliams3279]

Awesome. That's so refreshing to see a young person being sensible rather than engaging in relentless consumerism

[@realchavezjuan]

Is she single

[@starrpatrick2905]

Guys, I was spending about $300/$400 a week on groceries when I wasn’t budgeting and meal planning. Now I stick to $160 a week and I have cut our groceries spending a month in half. It’s amazing when you pay attention to your money.

[@alexavila6362]

I was spending about $800

[@jamaicaninthekitchen4358]

Ny daughter is spending $325 a week trying to eat healthy

[@nikkisigmon8090]

​@@jamaicaninthekitchen4358its not that hard or expensive to eat healthy. Vegetables and whole grains are cheap. Prepackaged "health food" is not healthy.

[@Instkarma9765]

How does a single person budget for food? It’s not easy. Everything in this society is geared for couples and families.

[@starrpatrick2905]

@@Instkarma9765 Keep all of your receipts of things you buy to get a good idea of what you’re spending on. If you keep finding yourself scraping by, you have to decide what you really need in your life. Like we can’t shop at Publix. It’s too expensive for everything. I shop almost everything at Aldi. And we don’t buy a ton of snack food. I make a lot of our food (I’m a stay at home wife/mama so I understand not everyone can do this). You tell your money where you want it to go. ❤️

[@cristinabivins2240]

I miss the old, “where debt is dumb, cash is king, and the paid off mortgage is the new status symbol of choice” 🤷🏻‍♀️

[@mechanicallycreative9788]

Where the paid off mortgage has replaced the BMW as the status symbol of choice.

[@melissaford8807]

​@@mechanicallycreative9788having an owned place TO LIVE is hardly a status symbol like a BMW is 😂

[@cristinabivins2240]

Living like no one else doesn't mean extravagant/ opulent. It means driving a reliable, paid off car. It's giving generously to missions. It means going on vacation or taking a sabbatical and paying cash instead of going into debt. It DOESN'T mean buying a plane 🤷🏻‍♀️

[@FancyRPGCanada]

41:23 gotta love Dave calling out the tv preachers with private jets 😂

[@Nigriff]

Instant Classic Ramsey Show. Great chemistry and great callers.

[@carolb5904]

Great advice on the collection call Dave. Worked in collections for 3 years and you are right on.

[@rena_vations]

Omg!! George Kamel!! 😂 my grandson says "that hurts my brain" a hundred times a day 😂😂😂

[@HARDWORKING9417]

Wish he was also doing this in África as well, love his advises

[@matthewmarston5149]

Uncle David: 1. I did my due diligence on draft policy in the United States Military 2. Put my name in the hat .. 3. Made it as a Admiral Seal

[@thehorrorauthority5169]

Hey Dave, I live in AL and yes a judge can sign off on a divorce without child support, my ex and I did it. 11 yrs no issues what so ever. In fact, ex and myself are friends. The only thing is it takes work and compromise, but it is worth it.

[@JoseDelgado-cz4wh]

Hi, my boys group mentioned me this program, apparently you guys are kinda famous here in southwest Europe (Portugal here 🇵🇹). Amazing show!

[@sarahburggraf907]

They were all in one accord❤😂

[@user-hh5kr6ec1v]

Why is Issac giving away his house? He should get half

[@mellymelbellr.5739]

Yes! My son is a sophmore in Tx taking a personal finance course

[@super1234567891011]

Love you Dave!!!

[@vickieg8791]

Most of my pet names were food! Had a dog named Popcorn, black cat Licorice, orange cat named Buttterscotch Sundae.

[@bryannag.]

loving the music ❤

[@allenmorgan4309]

The previously recorded sign in the top right of the screen is irritating.

[@DeanTheTurkeyLegster]

😂😂😂

[@kashiro2492]

Then don't look at it

[@BeeDee-qs9so]

Sorry, Allen, but you need bigger problems to give you some Perspective 🤔

[@frederickvalencia4976]

I agree I also don't like that blue color background. I like green I think it brings out the color of his eyes and it's the color of money. We can also call him the rich green Go. 😂

[@BeeDee-qs9so]

@@bookwormonabudget6045😂

[@matthewmarston5149]

(They give you 100$ and expect it to buy a tuna boat to 5 pairs of Air Jordans) I'm paid Airforce, Navy,Marines,SSI and 100$ Pif but still only see 100$ Pif.. Rick James ahhhhhhh...

[@sandrao8146]

Dave talking about student loans and the government 😂 he said the IRS and government's parents are cousins.

[@BeeDee-qs9so]

There should be a book of “Dave-isms” because he seriously has some beauties 😂

[@wb624]

In 2013 I was in 10th grade and had to take the Ramsey course

[@bookwormbon482]

25:26 thats an amazing achievement congratulations

[@gglucidox3327]

Please where can I watch the full episode?

[@lululemonpies]

Roasted Dave 😂

[@striperkid]

Yeah Lady, if he wants that cup of coffee, let him have it. Jeez, the things people fret over !

[@DNVlogsLife]

I wish they had the Dave Ramsey program in my kids school. How does one get them to incorporate this?

[@jsgll...godgunsliberty1197]

It seems like I can’t not get my questions answered unless I subscribe, ?

[@jingzhai5582]

Can I still receive yearly depreciation of a rental property if I paid it off ? Thank you !

[@andrewsnyder9262]

Yes. You just won’t be able to deduct interest paid on a loan after it’s paid off.

[@mariaportnoy2019]

Eh, bit disagree about the pastor. It's not about having millions , its about flaunting them around ESPECIALLY if your congregation's are poor, its tastless. And sure you probably made the money by making good investments etc but the church often still asks for donations etc. And it makes it seem like it goes to deepen the pockets of said pastors instead to the community. Now sure pastors aint supposed to work for free but again its about the flaunting of the wealth. The bible also teaches about humility and modesty (that ain't just about what you wear). Also important to notice is that most people seek advice of pastors about relations not financial, and while if its a good pastor that truely wants the best for their community you probably should also take their advice about finances etc , most people won't and they aint gonna learn by simply watching wealth.

[@aaroncook5928]

Disagree, you can learn it all in the Bible including financial lessons. We should all strive to be wealthy so we can give more. The poor have a tendency to blame others for their bad decisions. I personally feel like you have a caricature view church/bible.

[@mariaportnoy2019]

@@aaroncook5928 I wasn't talking about all of the churches ofc , but there are those out there with extremely wealthy pastors that fly private jets or live in mansions and aren't really hiding where that wealth came from... Granted i don't know where this pastor was coming from, and what he meant by using his money for so i answered with that extrem in mind. Also about learning everything financial you can learn from the bible, while you can learn many things from the bible, you can't learn everything from it as current systems didn't exist back then and also many people dont really know how to derive what they read and apply it to their lives, otherwise we wouldn't have nor need any spiritual/religious leaders to begin with.

[@MariaEduarda-jw3eh]

@@aaroncook5928 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

[@aaroncook5928]

@MariaEduarda-jw3eh keep reading. You stopped too early. Context is key, which is why you believe wrongly. Verse 27.

[@matthewmarston5149]

Uncle David ❤

[@exmx]

I just looked for your book Baby Steps, so your older books also popped up and except for a hair more grey, it looks like you haven’t aged a minute.

[@bookwormbon482]

25:26 thanke for saying gals as well :) Means a lot

[@JenniferKays-wk3ym]

Is that silk stocking music

[@elchapojr6219]

The last lady I don’t really understand your a united state citizen I’m assuming. Do you know how many people that are not citizens or residents would love to be able to work an easier job.

[@flowers3036]

Can people living in canada do the dave ramsey program

[@linusnilsson2377]

I will graduate in june and my girlfriend has graduateted we will have a combined income of around 800 tousand swedish a year and now we will be renting for around 6000 swedish a month = 72k we will be living there for at least 1 year how should think about this we have a combinded debt from studies for about 800k should put some money into clearing our debt now or not?

[@republicunited2183]

Make sure you have shelter, food, water, basic necessities, and pay off debt!

[@rg1whiteywins598]

And if a pastor is living like a king, and there are people who are working hard yet struggling to stay afloat, and you arent onymously helping them, you are a fraud.

[@bettedavis9261]

Anonymously

[@alizewaqas]

what episode is thisss?

[@matthewmarston5149]

Is it true I'm a Police Officer?

[@BetterManufacturing]

🤑save and invest everyone!🤑

[@bellemusique8449]

Catholic church is like $600. They only require 2 witnesses. That's all you need to get married in church.

[@reginaldphillips7615]

Also, I have to disagree with Dave on his comment to the pastor who wanted to live an ostentatious life. Christ was an itinerant preacher, not a high priest in the temple. The celibate, dutiful priest is his example. Not the prosperity huckster with a European car and a mansion.

[@elchapojr6219]

Last lady go be a CNA

[@sudarshanrijal3516]

How can I ask question?

[@bettedavis9261]

Call in when they're live, in January.

[@taylorkraus9491]

How do I do baby steps starting with no debt ik instead of getting out I can stay out but what else am I supposed to do

[@user-uy9jw2zj8r]

The guy who is Catholic and getting married in the church in 2 years is not consistent with the Catholic teachings of the church. He needs to go talk to the priest and discuss their plan.

[@dianemorris3536]

You can definitely get a divorce without a lawyer and without child support if everything is agreed upon.

[@ppybmjc]

Child support is the right of the child, parents can't sign it away. It's determined by a fixed formula in most or probably all states based on how much custody each parent has and what their incomes and other obligations (i.e. other kids) are. State doesn't want to end up giving support to a parent because they gave up child support from the other.

[@jorgeirizarry5971]

What exactly about being a widow for 15 years has to do with you not having a retirement fund? It's being 15 years woman!!

[@dianenotch2471]

42. Too late😂

[@enearossini2241]

which mutual funds pay you a 10% ROI per annum ?? I dont live in the USA but here in Italy it is sci-fi. By sci-fi we mean gullible.

[@mdogggggggg]

Kristin is lying so much, I can tell by listening to her. Something else happened at that restaurant that she is not saying. She goes from one restaurant to another, then she gets let go; then she gets two interviews and they didn’t go through. She must of broke policy, stole money or quit from that last restaurant. I’m sorry but that’s how I see it. You don’t work two weeks at a restaurant and just get let go because you aren’t the right fit.

[@4545mjones]

Why aren't you on tv anymore????

[@hydspirit]

Dave Ramsey team get Mr. Money Mustache, J. L Collins on fot an interview

[@dieze8277]

How old is he

[@VintageStereoCollector]

What’s the point of that making $200k a year and the money is disappearing sounds ur still poor lady cos u have too much debts

[@ian10064]

Baker street 🎷

[@VintageStereoCollector]

I don’t understand this people they’re making good money a year but this people in big debts,What kind of mentality is that Dumb moves this people are making no common sense at all

[@bettedavis9261]

These, not this

[@republicunited2183]

Buying too much material things, etc.

[@rjthomasindyusa]

Dave has a massive income to buy property. How does a guy making 60k a year afford to buy property cash?

[@Jorbad.]

Time and saving. Say you bring home 3.5k a month try to live of as little as possible with a bare min of 1k+ into savings a month. Truthfully, you will want to try and pick up a second job so that you can at least start packing 2k+ a month into a savings account. Then it's just a matter of 2-3 years for a good chunk of a down payment.

[@rjthomasindyusa]

@@Jorbad.Doesn’t he recommend buying investment properties in cash?

[@Jorbad.]

@@rjthomasindyusa If its an investment property then yes full cash. If this is going to be you first home then it can be worth it to take out a mortgage. So that you are not paying rent + chunking into savings, what you will do then is pay mortgage + chunk more money into said mortgage. But you want a large down payment imo, at least 1/3 the price of home while still keeping a healthy emergency fund. This is only time I would say it is acceptable to borrow money for your first home to get out of paying rent to someone else.

[@rjthomasindyusa]

@@Jorbad. My point still stands. How does the ‘average guy’ become wealthy if you wait to buy rental properties in cash in this market? It may work ok if you have a massive income…. but not on the median household income.

[@Jorbad.]

@rjthomasindyusa it depends on your current situation. Your age and education level, what's your current job, location you live. Are you married, in a relationship or single? Do you have dependents, kids or something other that you are financially responsible for? How much debt do you have, if any? Alot of info needs to be known before you can start your journey to wealth. From the post above, I assume you make 60k a year. If so, is there room to grow in that business or field to increase your income? If not, can you get more hours or 2nd job to bring in more to speed up your journey? If the answer is yes, you will have to sacrifice your time now to increase cash flow to build wealth for the short term 3-5 years. While also increasing your skills in that field or educating yourself in another for a higher base income in the future 5+ years. It will take alot of sacrifice now to build wealth for the future. What that means is the time you spend watching TV, playing video games whatever pleasure activity will need to be cut down first. That doesn't mean cut it out. But replacing some of that time with work can increase your saving a lot. When I started, I did delivery Friday, Sunday night, and all day Saturday. Was about 15-18 extra working hours on top of my 45hr job. It sucked a lot giving up that time. But it increased the amount I was putting into savings by 1k ish a month. Remember wealth builds wealth. The first 5k, then 50k then 100k will be really, really hard but the more you have the faster it builds. It is really hard to understand that it took me a long time even after experiencing it to believe and understand it. It took me 20× the effort and time for my first 50k, and then it did for my last 50k.

[@rebekahbrown3353]

Where can you build a house on raw land for 350k???!!!!

[@rebekahbrown3353]

Wow that’s amazing! 5 years ago I agree, just like home prices building is nuts. We live in a rural area of NC- not too expensive area. We have had several quotes recently and a basic 3 bed 2 bath home is in the 400k range turn key. I’ll stay in my $800 2,700 sqft house payment and keep my land as investment for now.

[@bethmiller7544]

Almost anywhere in SC

[@oceansunsetak]

My ubs financial advisor said 30 years ago: why pay cash for a new truck when I can take the 20k and buy this stock that will triple your money in 6 months. Well I lost 20k the company went bankrupt. 2008 I bought a new gm truck 15k cash still driving it. New one is 65k. So many people on KZbin getting rich giving Common Sense advice Dave Ramsey's at least appears to be happy the Rich Dad Poor Dad I actually read his book prepares to be a strung out miserable person on KZbin

[@jesuisrobert808]

Why do those guys wear those headsets?

[@rorysiggins2752]

So they can hear

[@rjthomasindyusa]

Its kind of weird how you made a joke about "getting off of Tik Tok"....... but I just looked it up and it seems as if 'The Ramsey Show' has a Tik Tok channel.....

[@lesliesmith7312]

60k a year at 80 hours a week is only 14 an hour

[@skiddysm]

Nahhhhhhh live at your parents until you got a emergency fund and no debts and a down payment don't listen to this dude

[@royturner6463]

Ever consider some of your steps are irrelevant and out of date? Accounting for the inflation and average household income rise since... I don't know... Inception of your baby steps?

[@skiddysm]

What he needs to do is get that kid and the house and the car and make her pay child support

[@matthewmarston5149]

Am I the CIA

[@macpduff2119]

Thank God they don't have children. This sounds bad but if they had children, the family courts would be in his life until the youngest reaches 21 or finishes college - whichever is later

[@romeylon4204]

ridiculous, she gets the house and he pays for the cae and the kid. why dont them just take all of his money and force him to be a slave for the rest of his life

[@LMcBee]

George needs to slow down, he cant wait to jump in when someone is mid sentence. Practice listening Mr Carmel

[@jonathanhayhurst3928]

Dave is really telling a 50 year old widow to plan on withdrawing 10% of her retirement balance every year. Shameful

[@jonathanhayhurst3928]

She'll have $500k in 15 years, but that's before inflation, which eats into it. Dave's advice was appropriate (start saving), but she will feel like she can take the equivilent of $20k/yr after a more conservative withdrawal rate and inflation are taken into account. With a paid for house and social security she should be fine.

[@WelsyCZ]

He was only giving an example. The main advice was to go to the expert he mentioned to make calculatipns with. The 500k thing was s rough example to tell her she is not in the shits and that she wont go hungry and cold.

[@Morgaide]

Dave didn't say she was withdrawing 10%. He said she will be getting 10% on the investment every year. So if she doesn't touch the sum invested she will have 50k (if 500k invested) every year. The 500k will still be there

[@ppybmjc]

​@@Morgaidewhich is a ridiculous assumption and a short path to ruin in any kind of down market when you can't afford to lose much principle. The long term average of the market (before inflation) may be 10-12%, but that has never meant that it returns that steadily every year. Some years it will gain more, some it will gain less, some it will lose money.

[@mickfanning93]

So the debt snowball prioritises small balances, regardless of interest rates? Sounds like a terrible idea

[@erminiorizzo3326]

You should use some money on hair implants, whoops it won't get you any return, sorry.

[@suzannepayne8934]

Why be nasty?

[@LhasaThailand]

Remember when this 'Financial expert' called everyone that bought bitcoin stupid 10 years ago at 500 bucks. How we would all lose our money. Good times.

[@AnointedOne4God]

Paying off your wife’s student loans is wack advice. Let her pay it off during the course of the marriage.. That’s just irresponsible money advice.

[@kevinjames6120]

When you get married you become one. There’s no his debt or her debt. It’s their debt

[@AnointedOne4God]

@@kevinjames6120 it’s bird brained advice like that, that gets men into trouble.

[@gwaapgutta8553]

MEN DO NOT GET MARRIED, IDC WHAT RAMSEY SAYS, HE'S OLD AND DON'T KNOW WHAT GOING ON TODAY. I BEG YOU TO NOT GET MARRIED. YOU CAN'T LOSE A GAME IF YOU DONT PLAY IT IN THE FIRST PLACE.

[@kashiro2492]

She will only stay ur gf for so many years bro that's why u just take ur time dating so u stack the odds in ur favor to win

[@Ninjaflyingpinkducks]

There are still real men *and* real women out there. 🥂

[@rosstacoman5910]

Be gay that way you have equal rights in the court

[@bettedavis9261]

Yeah, I don't think women should get married, either.

[@kiddorot3848]

That's such a lonely life, lol. Even if you have a girlfriend that u live with, after enough time passes, you're common law married. So if anyone were to follow your advice, they can't even have a serious relationship.

[@republicunited2183]

12k per month and can’t live?