The Ramsey Show (REPLAY for July 5, 2024)

[@deskteam]

I'm a 55 year old business owner and only just found Dave Ramsey on KZbin .....I've listened to hours of the show, and bought 2 of your books.....man, I wish I had found you 30 years ago....but I know that I will be debt free and mortgage free in the next 3 years now, using your strategies 🙏 Thank you for making this your life work 🙏❤️

[@TheTurbonisse]

@deskteam better late the never. Good luck on your debt-free journey🙂

[@geckojemsart5442]

Good luck @deskteam and god bless you

[@ScottNelson-e9u]

Good luck! Building a healthy and good financial square is so helpful in your life, be brave and try for more!

[@SteezyVon]

I put off listening or watching Dave from opinions of others saying he’s out of date with his ways. Finding out now that’s far from the truth. Daves lessons are very much relevant in today’s times. God bless you Dave and your team and thank you for your help and support.

[@bengom1279]

I listen to this daily while working (from the UK) I currently am debt free and working on paying my house off, I have almost doubled my monthly mortgage payment after realising my mortgage is the same as it was at the start after a remortgage

[@angiepayne9987]

live in Ohio,I had a in home childcare business for 38 yrs, I reared Drs. Lawyers, Teacher's Policeman I could go on and on,I retired in 2018 I was charging 125.00 a week,I had a beautiful daycare facility,I taught these children to read, write,etc my parents were all professional, wonderful people I just attended a Graduation for one of them,I've attended many get togethers over the years why are the paying that kind of money for childcare, almost all of my families had said over the years they wouldn't trade what they received from me opposed to the big facilities I never had one child hurt in 38 yrs,I'm very proud of the children I helped over the years as a matter of fact at the graduation the father said, Angie you gave these kids a wonderful start in life

[@colleenduffy1139]

You should be proud. Sounds like a lot of hard work but that you enjoyed it. You must be amazing to have stayed in touch so long with everyone.

[@TheTurbonisse]

Sounds good man!

[@reneehenderson4818]

You've had a blessed life❤❤❤🎉🎉🎉🎉

[@RappRelevant333]

Your point is?

[@kellymucha6113]

TV

[@jonjohnson4529]

“She’s my co-host and my daughter.” Don’t think I don’t smile when I watched. Congrats Dave.

[@Bears_Fan_Jim]

Just want to say that I've been using every dollar now for about a year. Every time I pay off a credit card I cancel it immediately. I've canceled three cards and have two more to go. I'll have everything paid off except for our house and car but the end of this year. The car should be paid off by next April and then I start working on the house. The debt snowball works and I try to encourage others to do the same. I preach how bad debt is and how it will do nothing but keep you in debt forever. I know Dave says to get everything but the house paid off and then invest 15%. But I'm paying off the debt and at the same time I'm investing 24% in my 401k as well as a little into mutual funds each month. I'm 55 and I think it's best to do both at the same time.

[@dogstoryteller]

“Automate your discipline” great quote! Great debt free screams!

[@TheTurbonisse]

Yeah for sure!

[@brewergamer]

35:00 mark: I used to be a courier for Fedex.. I'd work 12+ hours a day, 6 days a week.. and I made $18 an hour. UPS definitely has a waaaaay better situation. It's almost criminal how we were treated at Fedex. Thankfully I was able to find an office job that pays way more and I do way less work.. I was literally getting up before the sun rose, to drive until it was pitch black at night.. didn't benefit me at all. In fact I made far less money, so my point here is that just working more hours at a horrible job is not really the answer. The answer would be hold off, hang in there while you try and find a better job.

[@jillhall4928]

What a sweet family 😊 congratulations to them being debt free!

[@KellyBryant-fw8hk]

I've got peace in my life, first because of Jesus and second, Dave Ramsey!

[@Ashleydelange-s6v]

I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

[@Johnny-p9c2b]

I feel your pain mate, as a fellow retiree, I'd suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

[@Tomhannibal0]

Digital Asset"? What is that? Does it have some intrinsic value or is it a made up ledger of imaginary ones and zeros?

[@RyanAlborough-c3n]

That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@Johnny-p9c2b]

Tracy Britt Cool Consulting was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Tracy.

[@macpduff2119]

My physical therapist told me that he sees MANY times when the life insurance companies don't pay out when they should. I was shocked

[@bluebelle9572]

Health insurance companies fight hard to not pay as well. 😊

[@antoinepowell649]

Something shady happened they pay out don’t be fooled

[@charlye_m]

Any chance of having Every Dollar available in Europe anytime soon ? :)

[@Joce123]

A mobile home that I bought 10 years ago in Arkansas near Bentonville for $24000 is now worth $60000. I own the land the 1/3 acre that it is located on.

[@Joce123]

​@riverrat3269 In the meantime I am making money on the rental at a modest price to make sure that a woman has a home that she can afford($250 month+)... I view it as a contribution..not an investment. Rent income paid it off for me years ago. Property taxes are $5 a month minutes from downtown Bentonville Ar

[@tarajoe07]

Might be a different story if you try to sell it. Mobile homes just don't hold up.

[@kwmiked]

​@Joce123 works in your situation, I bet when the market balances it is worth 60k and not many people find land that has a 5$ property tax. I could just imagine the area or what u can NOT do with property at a tax bracket like that

[@cortez9978]

Looking for long term investments that can yield millions. If you had $250k, which one would you go with for retirement planning?

[@fromthebirchwood]

consider 3 fund portfolio using VOO, SCHG, and SPYD invest majority of investments using them

[@Linette-g-y]

If you don’t understand the markets then stick to an index like the sp500. Dollar cost average and hold long term

[@speak2selwyn]

The issue is most people have the “I will do it myself mentality” but not skilled enough. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 330% since covid-outbreak to date, summing up nearly $1m.

[@AstridJohansen-z]

@@speak2selwyn good gains! how can i connect with your advisor if you dont mind me asking? in dire need of professional advisory to expand my investment options

[@speak2selwyn]

Karen Lynne Chess is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

[@jeremy_logan]

I can attest to new york life. The worst investment you can possibly make. They promise good returns but they take all your money. Absolute garbage

[@onesky1destiny]

Thank you providing financial literacy education.

[@knittinghatsful]

Does Dave ever watch himself and the faces of his co stars? His teachings are incredible and life changing for people. Thank you Dave, for all you have done. Your not easy to watch anymore.

[@NoName-to5xl]

i was debt free. mortgage payed off. was starting to grow and prosper. then the IRS hit me, my accountant made a mistake and now i suddenly am at -62000. people make sure you have good accountants and prepare for disasters coming from nowhere. but. it would had been way worse hadn't i been debt free.

[@tedrush3401]

I’m $17,000 away from being completely debt free except the mortage

[@gianniturns1237]

Wooooohooooo congrats

[@emmawilkins5755]

Another childcare option could be an au pair. If you have a spare room and don't mind someone being in your home its a very cost effective solution.

[@NoNoNanette]

....if you have a spare car OR the residence is on a reliable public transit option, including evening runs. Au pairs need & deserve time off & need to be able to circulate. To coffee shop, concert venues, parks, gym, etc. Arranging safe transport for her to get breaks like this is a cost. Needs to be factored in, IMO.

[@mathisnotforthefaintofheart]

There is this common misconception that in order to have a good credit score, you need to get into debt (and pay interest depending on the contract). Ramsey also said that in one of his Shorts that you need to dig into debt in order to get a good score. And this is not true. I have an 800+ score and I use my credit card modestly. I don't even understand how using no more than a mere $1000 a month on an almost $100K a year even gets me an 800 but that aside, I pay off my balance every month. There is NO interest whatsoever. No car loan, no Heloc, no nothing. I pay nothing in fees to any bank. But I still have an 800 score. You don't need to get into perpetuating debt to have a good score, it's a myth.

[@kellibuzzard9431]

The daycare call broke my heart.

[@melissahyslop1324]

Daycare is not worth it. Stay home & love your babies, cut expenses. You will NEVER regret it & God will honor your sacrifice to care for your family.

[@dandiaz84]

How did you save up another $150k to buy another one and how long did it take?

[@ellen8637]

Regarding the mom wanting to payoff her daughter’s student loans of 80K….don’t you agree the daughter should have a little “skin in the game”? She’s the one that chose to go to an expensive school out of state. Maybe the mom pays 70K and leaves 10K for the daughter to payoff. It’s just the principle of not creating a sense of entitlement for the daughter going forward in life and relying on mom’s money. Just my opinion.

[@carlosmonteagudo5678]

Can we get an answer on how much someone needs to make to buy the average priced house in the USA house hold income ?

[@JSerio1983]

Mortgage shouldn’t be more than 25% of your income. Including the insurance taxes etc

[@Nardaa-ox3be]

$40,000 to $40,000,000. Depends. Are you moving to Kentucky or Malibu?

[@DeathSpellXVI]

About $60,000 a year or more in total or combined income for a house that's no more than $300,000.

[@TommyMichael-u8lhyprailted]

My new purchase here in Kentucky worth about $2.5m and hyperailtd contributed more than 90% for the purchase.

[@LauraineTeodoro]

yes I am in Ottawa Canada and 5 years fixed rate is the max... you have to renegotiate with the new interest rate....

[@mikem7489]

By 2026, Canadians who renew their mortgages that previously had variable-rate mortgages with fixed payments will see the largest increase compared to their previous mortgage's origination, expected to rise 61.85%. Payments are expected to increase by 31.88% among all types of mortgages by 2026

[@OspreyHomeInspection]

We have a very good rate right now but were expecting it to go up quite a bit in the next couple years when we renew. Were kicking ass paying off debt so well be very well prepared for the increase ​@mikem7489

[@jillkennedy6993]

Yupp it sucks.

[@ThecarTech-b5m]

So does Dave always interrupt his daughter when she's speaking or ?

[@Josh_L862]

Are we paying cash for the blinds?

[@kellibuzzard9431]

😂

[@braxt27]

Hell yeah

[@beckygeer6480]

No blinds till baby step 4

[@matthewmarston5149]

I'm a BUDS Instructor and in all the DOD branches 😊

[@SnCroadster]

Good rule= Term insurance only

[@knighthawk34ps3]

That ups guy makes a hell of a lot more than 70k if he’s working 55 hours a weeek with all that OT pay. He’s probably north of 90k

[@rockpaperscissors.]

Exactly!

[@archdukeMTB]

Rachel is a star 💫

[@breezybre2670]

One wonders why she works though of Winston and her own paid for real estate and he works full time?

[@scotland99]

??? ​@@breezybre2670

[@3thanRocks]

Bookmark | 1:02:40

[@AXELROB12]

My cousins school got paid by ups and he moved up and makes bank. He should look into his options he owns his house

[@rockpaperscissors.]

On the UPS guy: Where's the work ethic? Work those hours while you're young and have the energy and have no kids. That being said, you can work those hours and still be there for your family.

[@extremeliberty7890]

All of my friends/colleagues think I'm weird for listening to and living your program. Think I'm weird for buying a cheap house and buying beater cars in cash, while they buy huge homes and pay $800 a month for a truck. I think they're weird

[@doreenhall102]

I went to a Ramsey 'Smart Investor" here in Ohio and they right away tried selling me an annuity and whole life policy. I walked out.

[@Nardaa-ox3be]

Canadian mortgages sound terrible. So everyone who bought in 2021 at 2.7% interest is about to reset to 7%? Sounds like a lot of foreclosures coming up.

[@colleenduffy1139]

Seven is high. Fixed is lower than variable here right now.

[@fkillah]

Have you never heard of a variable interest rate?

[@Nardaa-ox3be]

@@fkillah Yes, and?

[@jillkennedy6993]

Yea its awful. Ours is 1.54 and we have to redo it in 2 years.. it better go down lol

[@fkillah]

@@Nardaa-ox3be well thats how variable mortgages work. its like being surprised that water is wet

[@WhiteSubie]

It drives me insane people living off of 100k+ a year are broke. I live off of around 40k a year and have 0 debt. When people making twice what I do have more than a mortgage payment im shocked.

[@Jamcore2008]

Would love to know what they did extra to pay off 270k in 5 years .

[@sunshineproductions4122]

WHERE CAN I ASK A QUESTION for Dave Ramsey to answer?

[@Kim-pc9rl]

I don't know why Dave is so against trailers....Modular homes on a piece of land do increase in value.

[@scotland99]

Dave keeps butting in...

[@Foredore]

My step dad watches Dave. He's 1 million in debt on his house he built, and only makes 160k annually. I'm not afraid for him. I'm just sad.

[@missburr1228]

Daniel, a family only party with cake and ice cream is less than 100. Go back to simple.

[@itsallperfectlynormal9805]

You can bake it yourself for $5 or less, ice cream goes on sale 2/$5 all the time. That's how we've done birthday's on a budget for years.

[@breezybre2670]

​@@itsallperfectlynormal9805 Wow....that is some cheap icecream!!!!unheard of. But yes...a cheap party is fine!!!

[@grantmathews4623]

I was listening to the debt free scream and thought it was Delong talking for a minute…haha

[@Joce123]

Whole life insurance policies with a living benefit definitely it can be used for cash flow and it can be used for infinite banking. It's worth looking up.

[@blackdahliastudios263]

All banking is finite by definition, even if you're the Federal Reserve.

[@user-pd5vl4lr5p]

The kids student loan is high due to her own choices. I think the mom should pay 40K off the loan, and the daughter pays the balance, and hopefully gets help from dad later.

[@alfredhunte8351]

Hey!! Brght dea?? Ramsey starts an on ste Day CAre????

[@ayyepapi220]

They say every dollar app is free but you have to subscribe 😂

[@haleemmuhammad7205]

I thought the same but the basic functions are free. Which is pretty cool

[@Hellsing12002]

She probably doesn’t wanna say live that they’re waiting until after so the state pays for the baby not them.

[@tkw9615]

she could of helped by getting side job instead of letting her husband bury himself in work then complain when he was never home

[@deviniannelli4471]

It’s kind of annoying how he continues to talk over her and not let her finish what she is trying to say.

[@Joce123]

This young man wanting to buy a land and put a mobile on. It doesn't have the financial backing or the current financial assistance that the Ramsey family is talking about.. His plan may work out just fine.

[@matthewwilliams9200]

Haha, lol Rachel saying be careful haha. He doesn't want marriage is because he's not sure the baby is his...

[@WilliamLugatiman-bc9vr]

How doing me to talk yuo sir because I'm excited to your interview the problem me I'm not street to speak in English and I'm shy to my Media ❤❤

[@kaykark]

Voya Financial for term life.

[@MissouriAdventures]

The debt guy, that I led two FPUs under his name didn’t even bother to ask the president about debt??? What? What are we doing here?? Sell out??????

[@WilliamLugatiman-bc9vr]

❤

[@alfredhunte8351]

Sorry "On Campus" My EYE s not workng

[@TheCountryCouponer]

Day Bramsey said the B word 😮😮😮😮😮😮😮😮😂😂😂😂

[@Normal-mom]

The ups guy whining about 50-60 hours a week 😂… my husband rarely works less than 65 hours a week and we have 3 kids. This guy doesn’t even have kids yet. Keep the job and stuff money away because when you do decide to have kids, your wife is going to want to cut her hours.

[@gmoney792]

If you have any brain cells you will watch literally any other money show

[@GrantNathanielMarshall-cz3hb]

I am 14 Year old

[@lenabillare4443]

Hi, if you are really 14, don't tell your age on social media. Some people are not so nice, be careful with what info you put on the internet (for exemple : don't tell your city, state, age or real name). Take care of you.

[@christinemiranda1165]

I get adds from insurance, loews

[@Kerabiras]

What a hell? Where is a common sense in people?

[@Jackman66666666]

She told the guy with a master's in finance to "go deliver pizza"

[@Bumblebee-jl3ur]

Bwhahahahaha not a drive by shooting living environment to get outta debt 💀💀💀💀💀🫡🫡🫡🤣🤣🤣🤣🤣🤣🤣🤣

[@stevemeek6525]

Let your daughter finish a thought before you start talking

[@MJ_Solo]

Damnit Dave! Let Rachel talk! These two are my least favorite co-hosts, cuz Dave can't her get a word in edgewise, and poor Rachel is fighting for her life!

[@Fishouta]

Grinch

[@user-pd5vl4lr5p]

I wish he wouldn't talk over her all the time ...

[@winstonsmiths2449]

I recommend staying away from this guy! Outdated thinking. IMO. If I had listened to his advice on metals from 2018, I would be $155,000 poorer! 30% rise in value.

[@samuelcastro292]

Find it hard to call yourself a Christian while having net worths of millions. I can understand getting to a point that is comfortable. But there’s no way you’re gonna convince me you’re truly Christian and are sitting on millions 🤑.

[@tomhocutt2013]

Thus guy died way too young he should not have died at only 41. All can ex home he curable no letter what stage no matter how aggressive Halfway through 2024 looks like we can do better Embarrassing

[@r3negade47]

? You can die of cancer at any age including children. It depends on the type of cancer and how aggressive it is. Sometimes there’s nothing that can be done. I would go back to school for English and Science if I were you.

[@Truckerdaddy]

I had a friend die 6 months after he found out he had cancer. Can happen to anyone

[@deviniannelli4471]

It’s kind of annoying how he continues to talk over her and not let her finish what she is trying to say.