I Have $300,000 in Non-Mortgage Debt!

[@sunset6010]

He doesn't want to BE a millionaire. He wants to LOOK like one. 🎯

[@PInk77W1]

Nice.

[@cari0783]

Nailed it

[@alphathefirstone1222]

correct...

[@ElaineLoyd]

Well being a millionaire that takes time. Looking like one only requires payments.

[@bighands69]

I am not convinced he looks like a millionaire at all. He is not living in some mansion that is for sure.

[@dianna9283]

John nailed it when he inquired “Who are you trying to impress?”

[@lindseydickey9282]

Yeah hopefully this second wife doesn't leave. Willing to bet once they downsize, she potentially walks. Or is a little bitter about it. Some people are only in marriage for the money and how they can benefit.

[@bettysmith4527]

probably he married a young trophy princess to impress people, and she isn't going to hang around without his money buying her stuff!

[@lindseydickey9282]

@@bettysmith4527 hence his hesitant tone and lack of commentary after Dave said wife could pitch in lol

[@justinaacorn5721]

New wife, new life.

[@bighands69]

@@lindseydickey9282 If he can convince her that they can become millionaires by a series of managed asset liquidations and reapplying his salary she may buy into it. He really needs to keep the current wife in place for at least 10 years. His income potential is about $2 million over that period. He can still live a good life during that period if he/she is smart about it and still look good to her friends.

[@jimroscovius]

This guy never met a debt he didn't like.

[@sunset6010]

Ouch , 🎯

[@bisi39mexi85]

Right?! 😂

[@justinaacorn5721]

Caller: I ❤️ debt

[@Ethiodawg]

🤣

[@saumabhobagchi5547]

Which kind of debt is worth liking, except for mortgage debt and only if he sells the house

[@Mitzi73]

I thought he was a young man. He is 54. Retirement is just around the corner.

[@ProMountainBiker]

Not for him lol

[@devo6867]

😩😢😭😭😭😭

[@amandadean3948]

Even if he was 24..that’s still WAY too much debt!

[@dagobaker]

this guy isnt retiring........ like ever

[@devo6867]

@@dagobaker I’m in the same boat 🚣🏽‍♂️ but I’m going to keep trying

[@ehsoule]

Does anyone else listen to these calls so they can feel better about their own misery?

[@aac8033]

me

[@daddy_doug]

This is how, I paid off all my debt. Listening to this stuff

[@Stoic_Metalhead]

A bit is for the advice, the other is for that same reason 😅

[@joycewright5386]

Everyday!

[@luiscastillo7009]

everyone

[@JamesWilliams-sx8dh]

I'm 52 and will be retiring at the end of this year. This call makes me feel good about what I have done.

[@proxcard562]

Okay boomer

[@AliceObscura]

Congratulations!

[@mtorres3097]

@@proxcard562 don't be jealous. You just have to financially smart and make the right decisions at a young age.

[@BernadetteZayasLore9]

@@proxcard562 Generation X ! Stupid Millennial!

[@insideoutsideupsidedown2218]

@@proxcard562 you mad bro?

[@BagsNBaguettes_327]

90k in car payments is insanity, unless you pay cash. Having this much debt at 54 is no way to live. Dude, you should know better! You’re not a spring chicken. Time to change your life!

[@bettysmith4527]

yes this, I would maybe expect this from a 20 something year old, but by 50 you should know better for sure!

[@Justsayingthat]

Ridiculous!

[@ethannaka1822]

Off topic, but I love your cute doggo 🥰

[@hastycontemplation]

I wonder if he is from CA?

[@Denniss7420]

@@hastycontemplation Yes, Sacramento....and it's less expensive there than the Bay Area.

[@afrothundar]

Even if it wasn’t for the divorce he’s living outside his means. He’s a physician assistant but it trying to live like a high paid physician .

[@ajh.4131]

But in reality, even a high paid physician shouldn’t be living like a high paid physician.

[@queen.kristal8395]

Even if he was that that’s still a ridiculous amount of debt to have.he thinks he’s a millionaire

[@chukuemekaoje1015]

@@ajh.4131 Big facts!

[@louib716]

Honestly that alimony is not his problem

[@rvachaspat]

The field of keeping up with the Joneses

[@epiphoney2]

Something tells me this guy can't even contemplate the idea of driving a $5000 car.

[@apollobarkley]

He’s $300k in debt but just dropped $150K on two rental property down payments? 🤦🏻‍♂️

[@amde8554]

Common sense isn’t common

[@howlbeast]

I counted 1.6M overall debt... that ex wife man sheesh 24K til he dies... thats messed up

[@howlbeast]

my figures showed more

[@PInk77W1]

Yeah but he got a good deal.

[@random-nz7dy]

@@cloudofw3313 Even if it's not inherently bad decision, it was for him. He is ridiculously deep in debt and continues to make decisions that add on debt thinking that somehow going to add up to winning. And all it's doing is ruining his life. He needs to just start selling everything he can sell, rent cheaply. And clean this mess up in a couple of years. He can do it but he doesn't sound like he is going to

[@vanevicious9041]

“I don’t care, your life sucks!” - Dave Ramsey. Real talk.

[@leadnsteel1428]

I loved when he yelled at him.... classic Dave

[@achavez78]

Dave kept it 100

[@stevenporter863]

My opinion he should just do as Dave said. It will be a reset/clean on his financial life and with his income he will have the available cash flow to thrive - even at 52.

[@kelmike060404]

I literally laughed out loud when he said that 😂

[@trey8872]

He’s not selling anything; this cycle will continue.

[@random-nz7dy]

@Ben Tayal No he will not be. His current lifestyle and choices have led him to this path so what makes you think that if he changes nothing in just keeps getting money from the rental property that somehow hes going to wander out of debt and into success?

[@jimroscovius]

@Ben Tayal He needs to sell everything and get out of debt, then start growing back. If these properties were making so much money, he wouldn't be in the mess he's in. Another smart thing to do would be to get out of California. He can make almost as much, and have the same house for less than half the cost. His wife is also a big part of the problem. My wife would never have let us get that far into debt.

[@mbank3832]

And he doesn’t deserve any sympathy

[@dagobaker]

its more about eliminating the headaches its probably time for the wife to step up...... the dude is 54 so the kids are gone..... she needs to b working 60 hours a week too

[@jstyleent]

This guy has no self discipline. No organization skills and not responsible with anything in his life

[@tyrisanders]

This is the most California call I’ve heard yet

[@bjkarana]

money money everywhere and not a dime to pay yourself with.

[@greggonzalez859]

That’s exactly right.

[@devsnik7003]

Right

[@joshanderson7880]

Monday: BEANS Tuesday: RICE Wednesday: BEANS Thursday: RICE Friday: BEANS with a side of RICE

[@Management_45]

🤣

[@garystarkey6255]

Saturday and Sunday out to a restaurant (plot twist) he's working there.

[@grindhardlio7814]

@@garystarkey6255 facts😂😂

[@LastChance601]

🤣😂

[@chickencharlie9828]

Too funny. Can he splurge on Sun Chips once a month?

[@tdontv448]

I think you guys missed the most obvious solution of it all. The first thing he said when talking about his assets.. he said his house is worth $900k and he owes $575k on it.. that’s $325k right there that would pay off his entire non mortgage debt. Move into an apartment for the time being.

[@overflow1789]

Dave usually tries to keep the personal residence unless it's very dire circumstances, in this case the caller had enough other assets to sell off with a big enough shovel

[@NoRegertsHere]

I agree. Sell the cars too, save to buy another

[@margaretstribling4306]

Amen!!!!!!!!!

[@dannycruse7089]

Something tells me he’s NOT going to be selling anything by the end of the week.

[@lindseydickey9282]

His tone. His pride. Who he has to impress.

[@sunset6010]

Or ever

[@bighands69]

If he does not sell or deleverage he is going to be bankrupted retired. The wife will be too old for divorce (find a new man).

[@AndreOliveira-cu3fy]

lol i think you may be right :D

[@lukerider479]

@@bighands69why sell the houses And take a tax hit when he can keep them awhile and not have to pay the taxes. It’s not costing him anything to keep them. That’s a 50k hit for no reason

[@epkrass]

I love how Dave Ramsey is so brutally honest. We need more people like him.

[@LyonsArcade]

He's mellowed a bit in his older age, back around 2005 when he was on the radio he was muuuuuch more brutally honest, haha.

[@ldv02]

Trump is like that and ppl don’t like him

[@randymillhouse791]

No, we don't.

[@LetsTalkPersonalFinance]

He is still paying on a personal loan from 12 years ago?! HECTIC!

[@nowthatsurban]

There are a lot of issues but that's definitely the worst one.

[@stephensantiago603]

He said he has student loans too 😩. At 54 years old ☹️.

[@Miranox2]

Banks love this guy.

[@hornetguy9063]

Heinrich Himmler yup. High enough income to keep the debt serviced, keeps coming back for more. Did I catch that he still has $575k left on his $900k primary residence? At age 54.

[@naturalbamagirl]

But didn’t he say he just put $70k on one rental property and $80k on the other??? Where did he get those funds but has a 12 year personal loan and student loans? Did I hear right???

[@sagmeister2234]

He’s playing keep up with the Jones’s.

[@DisabilityExams]

He's playing keep up with the orthopedic surgeons who make one million $ plus a year.

[@jmc8076]

And or his second wife is. He didn’t even talk about her until very end.

[@RockyMtnCrystal]

That's the culture of California....

[@ruthirwin8222]

The joness dont care

[@ruthirwin8222]

He wont do it for sure

[@gerrym5170]

"Alimony until the day he dies". Please people, understand marriage is not a game.

[@djpuplex]

"Alimony of course never goes away until I die" that is all I heard. And he got remarried 🤯

[@stephenshelton4267]

He strikes me as a guy perpetually trying to impress others, and he can't be seen as an unwanted single man. I bet he flashed wealth and attracted a pretty trophy wife to impress his friends.

[@agathachris9722]

People loose all their money in businesses and open another, they fail in life and they get back up. I can't imagine not getting remarried because you made a mistake the first time.

[@hastycontemplation]

I thought the alimony stops if the receiver gets married again.

[@hastycontemplation]

@Heinrich Himmler I can see why, blue state designed to erode society, I think I figured it out.

[@justinaacorn5721]

@Heinrich Himmler so true, this is why Marla Maples never remarried, set up for life!

[@ProfessorMikee]

“Your life sucks” -Dave Ramsey 2021

[@KristenBudgets86]

🤣🤣🤣🤣

[@sunset6010]

People spend like they ASSUME they will ALWAYS have a job 🚨

[@RickyBobby213]

This part!

[@samrusoff]

Always have an income! Even after they retire. Without considering where that's gonna come from

[@CreativeProductions-]

@@samrusoffss

[@mxerb5912]

90 grand in cars... not much sympathy. You knew what you’re getting yourself into. He ain’t changing

[@TheSid2355]

I want to know what cars he owns. Just curious.

[@Miranox2]

People do change when they get desperate.

[@mxerb5912]

@@TheSid2355 I can almost guarantee one is a black BMW

[@jasminecontreras7341]

@_PrettyBrownBrown I feel better too, 4K on my little prius 😂

[@preston0808]

"Who are you trying to impress?" ... "Now I just need to get my wife on board." = his 2nd wife is about half the age of his first and won't take kindly to her Audi disappearing

[@dylanlyons6]

Keeping up with the Jones’ will kill you...honestly I see it even now at 20 years old when I’m looking to buy my first car. If I listened to my friends I’d be signing up for a lifestyle like this gentlemen.

[@radchik]

@Dylan Lyons so what does that tell you? YOUR FRIENDS ARE IDIOTS 😂🥸

[@dylanlyons6]

@@radchik When it comes to Financial intellect - yes they are. Unfortunately, I don't know anyone my age that thinks like me, because the consumerist mentality is so deeply ingrained within society, they know nothing else but to get a loan for everything - cars, school, holidays...it's quite painful to watch. You can't spend your way to wealth ;)

[@radchik]

@@dylanlyons6 that's bc the majority of young people want instant gratification. They can't wait for things to come to fruition. They want it now. But that's not a generational thing. A lot of older people have that mentality, too. It's like the more technologically "advanced" as a society we become, the less our attention span gets and we suffer from de-evolution. It's sad, really.

[@MaydaysCustomWoodworks]

Good call, bud. I am 30. I didn't have many examples in my personal life in regards to financial responsibility. My wife turned me on to Dave Ramsey when I was 25 and we got out of tons of debt and our finances are on a healthy path now. I'm very proud of where we are. There are many financial plans out there that can work. But none quite as reliable and consistent as the Dave Ramsey plan... It works for everyone of any income level and pay structure. Keep on trucking, keep on listening to wise people who are where you want to be. Just like Dave says. Don't ask broke people how to be rich. Don't ask out of shape people how to get healthy. Ask experts who have lived it. This is true for all things.

[@inthevault9603]

This guy lives in Montana who is he trying to impress?… 🐄 🐄 😂😂😂

[@bristolauthentic401]

I think he answered the question, “I just have to get her to buy in”... he’s impressing his wife

[@JakeLesser]

That is the truth of it all. He is probably punching above his weight big time.

[@TheSid2355]

Yea she ain’t changing. Why change when you have to downgrade from a 45k car to 5k car.

[@stephenshelton4267]

If he asks her to go from a $45K car to a $5K car he's going to have another $2K in alimony to pay every month.

[@stevenporter863]

Him saying about his wife to 'buy in' I took it as he was trying to build on Dave's off handed comment to sell the kids.

[@Sugar87Tits]

The “I’d have to get her to buy in” is an excuse. I used to say that, and blame my wife, because I was too scared to accept responsibility for the fact that I was afraid to take risks. ✌️

[@pimpballer3]

This is the definition of trying to borrow your way out of debt

[@christophercolumbus8944]

i disagree he can always sell his house and pay off the debt

[@MillionaireMindsetClub]

Half of the callers on your show have ridiculous college loans! Don't count of loan forgiveness because it ain't gonna happen anytime soon.

[@yarrdayarrdayarrda]

If the wife isn't on board, sell her as well.

[@x1area51ii7]

🤣🤣🤣

[@gabrielrodriguez8187]

Another 2k in alimony haha

[@handleyobusiness]

The most he will get back is $40. 😂

[@michaelvarney.]

Rent her out instead...

[@bighands69]

There is an easy way for him to get the wife on board is to explain that he wants to retire as a millionaire. And that will require him to re-evaluate his portfolio (selling properties) and re-investing his income (paying of debt). He wants to move to more liquid assets (having more cash) and wants to deleverage liabilities (have no debts at all). I am sure all of that will spin her head and as long as he keeps witht mumbo jumbo it probably will keep her at bay.

[@lanceehrsam8296]

Paying an ex 24k a year for the rest of your life just doesn't seem right to me.

[@mroberts566]

It’s his fault for being born a man.

[@stevenmiller8986]

That caught my attention too. Why is a former spouse entitled to money forever?

[@tdgdbs1]

@@stevenmiller8986 She refused to work.

[@AdamWatt00]

12 years later u still gotta pay an ex......bs

[@mattotis8412]

Only he, his ex, and the courts know the circumstances in the divorce though it IS also California. If he didn't lose half his 💩 regardless he can thank the maker for that one. Still, any alimony should ideally expire once the recipient remarries otherwise it's just spite on the ex's part.

[@katieee962]

Thank you Dave Ramsey! You’re the only financial guru that preaches the truth. Your baby steps really work.

[@buddykerr1]

I would bet the farm that the current wife loves the high end cars, bragging about owning a million dollar home as well as a couple other houses. If so this debt isn't going anywhere.

[@justincase2830]

Yes, He has more than one ball and chain.

[@hornetguy9063]

It’s california. $900k is probably a nice but unspectacular home. But yeah my guess is that part of the sales pitch to marry him was the $210k a year

[@TheLivedeath]

@@hornetguy9063 Sacramento is not as desirable to live as Bay area or Socal. 900k in Sacramento can get you 3-4k sq ft. 5-6 bedroom house.

[@agathachris9722]

He seems like one of those dudes who's wives think they are doing perfectly fine meanwhile he's drowning under debt and hiding it from everyone.

[@hornetguy9063]

TheLivedeath you’re right. I just looked it up. Sacramento isn’t cheap, but it’s not the arm and leg the Bay Area is. $900k in a place like Roseville is a McMansion

[@EricFinanceTips]

He is PA thinking he is making and living on a surgeon’s salary. He needs a reality check.

[@barbieblue3336]

Exactly.

[@shovelheezy]

He's not ready....

[@sunset6010]

Never will be

[@imveryhungry112]

Hes got an income like a rich person, but he doesnt have much actual money.

[@dcamnc1]

Very common.

[@samanthajones1044]

I know! I thought I miss heard him say his wage! 🤯

[@tonytoni1150]

Funny how that works isn’t it..

[@frankm2385]

This guy has no intention of following Dave's plan. This call was strictly for entertainment purposes only.

[@frankm2385]

@@MrBurr45 Yes, it's called comments. You may want to ask yourself that same question. You see how that works. 🤣

[@me_not_me]

Yeah, he's not ready...

[@staceystrukel1917]

🤣🤣🤣

[@JamesSmith-qe1mn]

"are you ready?" "yeah, I -" "Sell.." "s-sale?"

[@ID2011]

😂😂

[@TheAgentmigs]

Hahaha, he wasnt ready for that.

[@jutde]

He heard "sail" and thought "Wait... Dave wants me to buy a boat?! Well, ok I guess."

[@fenomfangx]

As soon as he tells his new wife she'll have to drive a $5,000 car, he'll be paid another $24,000 a year for life on alimony...lol

[@Bestfriend-650]

Let me say this, if he will sell 90k cars and starts to drive 5k cars, he will get out of debt but for some reason i am feeling it would not happen especially the wife is still not onboard.

[@howlbeast]

F the wife! .. she has no choice but to get onboard, over 1Mil in the hole... she's part of the problem too.

[@howlbeast]

@@williamhan5884 are you real?

[@bighands69]

He can have a really nice car without driving a $5000 car. His problem is the properties and debts attached to them. His divorce is only one part of this and it is all about his property debts really.

[@howlbeast]

@@bighands69 his rentals and personal debt are killing this man

[@choreomaniac]

@@bighands69 cars are depreciating assets and don’t produce income. His rental properties will be worth more in 10 years than they are today (but his cars will be worthless). And he can rent out the properties to cover the mortgages or nearly so. If he went half-way, he would at least be better off. Sell the most expensive car and the less valuable property.

[@meeraglides3485]

A homeless guy is richer than him.

[@mikec.4343]

This guy got divorced and dragged through the court system. He then went out and got married again. Not the sharpest tool in the shed

[@waynejump3263]

This made me cry hearing this. I feel so sorry for this guy. I pray he got free of this mess.

[@staceystrukel1917]

I don't. He's responsible for his greedy choices.

[@PrePre_]

It's not like he's only making $30k. He makes good money. He's living way above his means.

[@inthevault9603]

I don’t. He’s an idiot. He’s like if my ex wife is getting 2,000/month of my money I might as well live it up.

[@justme87999]

If he lives semi-frugally he'd be a millionaire in 10 years by simply puting it aside. Even more if he invested it. I dont feel bad for his stupidity.

[@charisebebout5307]

THIS made you teary? Caller made his expensive bed and now doesn't want to risk throwing his trophy wife out of it, less he set himself up for more lifetime alimony!

[@laurag5168]

He owns so many things he can’t afford. Including his degree at this point.

[@bighands69]

His degree is not the real problem. He has out of control debts and acquiring assets via debt that he has no understanding of. Because of his income he can still retire as a millionaire. He is in a field where he can actually work beyond his retired age and could be going until he is 70 if he wants to. I know people in medical professions who worked into their 80s.

[@OMGiTzAIpha]

Degree definitely not the problem

[@kenikenni6362]

お

[@nunyabidnes6010]

The degree is the only thing he has that's worthwhile.

[@FragRev]

Somehow I get the feeling he won’t be selling anything. Once Dave said that, the guy’s tone changed and he sounded super hesitant.

[@marchosch3876]

I know I'm three years late to this, but there's part of me that wonders if he was doing this as an "I'll-show-you" to his ex-wife... Dave said it'd take him 3 years to pay it all off. It's been 3 years, so I hope he made it and has found his peace.

[@lovette7684]

I would love an update on this. I'm not convinced he followed through with this plan.

[@charisebebout5307]

I'd bet an eyebrow this caller took none of Dave's advice. I think he'd rather live and drive swank, and not disappoint his trophy wife, than clean up his act. What I can't figure out is why he phoned Dave to chew him up and spit him out.

[@hollystiener16]

@@charisebebout5307 The wife and the ex wife are the biggest issues

[@dougprentice1363]

If anyone ever feels down because they aren't in the financial shape they wished they were, listen to this stuff. Unbelievable.

[@hammerboycb]

Alimony until he dies? That's scares me of marriage lol

[@generallordjowbra8871]

It should. This guy would be a multi-millionaire had he never been married.

[@naqeebelham4009]

Same here. :(

[@hammerboycb]

@@naqeebelham4009 it is sad 😭

[@jswiz3097]

@@hammerboycb scares you OUT OF marriage 😂 💀

[@hottuna2006]

Not if you're a woman.

[@LiquidRetro]

He sounds totally depressed, he should get into some therapy too. Not sure he is onboard with Dave's plan either.

[@ryanking4942]

BRUH! WHY DOES HE HAVE TO PAY ALIMONY FOR THE REST OF HIS LIFE! THAT IS SO MESSED UP!

[@chukuemekaoje1015]

He needs to sell all the properties and really downsize. Medical professionals really are bad with money.

[@howlbeast]

YO! I literally just said that... 2min in (paused atm) and Im already confused w/ all the numbers he's throwing

[@PInk77W1]

They are soooo important You just don’t know. LoL

[@chukuemekaoje1015]

@@howlbeast Waaaaay too many people refuse to give up lifestyle in order to fix their problems (be it financial or health).

[@bettysmith4527]

NOT all of them, you cannot generalized.

[@ignazs.5816]

They really are. I don't know why that is. I think it's the fact that high paying Healthcare positions require loads of student loans and once you get used to those numbers, you become desensitized and keep on adding more to the debt.

[@dcamnc1]

I'd sell the primary residence too, sell everything.

[@Keithf441]

i agree

[@aryheen]

He doesn't sound really ready to change his lifestyle.

[@alexpeguero38]

Agreed. He is scared to live below his means.

[@rain73ful]

He's lucky he has the resources to get out of that kind of debt.

[@ryanj357]

So thankful I learned this stuff at a young age. Divorces can ruin people. I would never get married in todays generation.

[@natalielinden]

I can't imagine having this much debt in so many different places. I wouldn't be able to sleep at night.

[@jameshorton3692]

“You have too much in your life that’s not bringing you joy.” That hits hard.

[@abdoos55]

i mean, i think 24K alimony forever is absurd, but again, he is spending 90K on cars, he seems like the type who enjoy being abused

[@marcusvision]

Dude...STOP GETTING LOANS. He doesn't own anything 🤦🏾‍♂️.

[@howlbeast]

he owes over a MIL in debt and he makes good money thats the irony

[@nadiar.7788]

With his income, despite the alimony, he should own something by now. He needs to change his mentality. It's not the Joneses who pay your bills, so no need to impress them.

[@JogBird]

i dont think that ive spent $300k in non mortgage in my life

[@Person-mh6xq]

Caller said he's lived this way - with outrageous debt - forever. Yet he bought TWO properties just two months before this call!! What?!

[@esonon5210]

He got remarried, guess he didn't learn his lesson the first time.

[@radfoo72]

Red Pill Mens Health lol

[@markchalloner5883]

I know a couple a dudes with three or four ex-wives! Unicorn hunters!

[@radfoo72]

@@markchalloner5883 More hopeful than myself 😂

[@esonon5210]

@@markchalloner5883 Why couldn't they just stay single? Or at least settle with a girlfriend?

[@bighands69]

The new wife might be the nicest person on earth that may help him through all of this.

[@chookchack]

I have a feeling the wife loves spending too.

[@younghat5]

😂😂😂I’m going to sell these kids to if they don’t hide 😭😭Dave crazy

[@Lil-Whiskies]

54 YEARS OLD!! How did he make it so long in life being so disorganized?

[@alienresearchlab]

This was a slam dunk for Dave. Get rid of all the extra BS you introduced into your life. Get a Honda Civic and enjoy the $200K a year you make.

[@paresaalizadeh2423]

Amen 🙏 a paid off Honda Civic is the best car ever!

[@jamesgrant3812]

Why make money if u can’t enjoy the cars

[@TheIceWatkins]

$90k in car debt is completely out of control. My wife and I made a decision to buy a car with a $47k loan and while we love the family car and will drive it for years and years, it was a terrible financial decision despite us earning >$300k annually. We decided to buckle down for 5-6 months to get that debt out of our life ASAP. We've still got about $19k left today but that debt will be gone within the next two months. I will never borrow money to buy a car again.

[@0neofthem]

I’d say he’s pretty comfortable being in debt. He’s been indebted for most of his life.

[@azminivanracer]

These videos make me feel like I have hope.

[@aubreytraverse.]

Hope he can pull through and clean all this mess up!

[@Nobody2day553]

24k in alimony for the rest of your life?!?!?! THAT'S why you don't live in California!! That's freaking ludicrous, I'd be getting a lawyer and going back to court.

[@FreeAmericanUSA]

I'm amazed that companies will loan people money while in so much debt.

[@00Noontide]

Extreme situations require extreme measures. The guy will get it done if he puts his heart into it.

[@inthevault9603]

Don’t worry he won’t.

[@ianmowbray3284]

He will not sell the cars.

[@projectdan3369]

Dave is going to have a heart attack listening to these calls 😂😂😂😂

[@oneisnone7350]

He’s not in that big of a mess. Sell everything. And done. He can’t see the forest for the trees. He owns too much house, also.

[@mmc9828]

Agree. He just has too much stuff. I'd rather be debt-free.

[@threeStarsandaSunJr]

I don’t think his wife knows what’s really going on, to be honest.

[@bighands69]

I say she is zoned out and not paying attention to be honest. Probably spends most of the time thinking about new italian designer curtains made in Indonesia.

[@edb484]

I’m so glad I live in great state of Texas. No alimony here. I couldn’t imagine paying $2k a month for life

[@Pepestock]

One of the biggest anti-men scams on earth

[@raymondh5662]

Sorry, Dave got it wrong when he said the man sounded like he was ready to sell everything. He sounded like he's someone who actually wants to stay in debt so that he can always remain the victim of his circumstances.

[@kawaiinani]

What does he mean he needs his wife to buy in? If he is the one making the money and managing the finances she just needs to keep quiet and respect that her husband is finally being responsible. Sounds like the kind of wife that's into appearances 😒

[@samanthajones1044]

As soon as I heard he had rental houses I thought why not sell all those ( before Dave said it) seems a bit obvious?

[@greatgolfer23]

I make 65k and have about 50k in debt and I can totally feel when they said "ask your wife if she wants a husband who can breath, sleep at night, walk around the neighborhood without his head spinning"

[@dabd8175]

Lol u ducked boy

[@piezaclave393]

Not to be nosy bro but how's your situation in 2021?

[@greatgolfer23]

@@piezaclave393 making progress, wife is definitely on board and very supportive, still got quite a while to go though

[@piezaclave393]

@@greatgolfer23 Thanks for the update wish you the best 👍💯

[@yomom4573]

This made me cry.

[@hastycontemplation]

A former spouse who accepts alimony from his or her former spouse should be ashamed.

[@JTforeverL]

Why? It's the law. Deal with it.

[@sussannekeith5676]

California for ya….

[@ruthirwin8222]

In northern ireland we dont get alimoney..we get child support until children are 18

[@roche4647]

California Governor Newsom Calls Into The Dave Ramsey Show.

[@homeschoolmomofone2497]

🤣

[@martymcfly88mph35]

Get rid of Newsom.

[@ArntArnesen]

Studentloan: here in Norway all education is free. For bachelor and master students gets about $1000 per month in public scholarship. You really have a lot of things backwards in US.

[@rayj.9568]

What is the $1,000 dollars for since school is free?

[@ArntArnesen]

@@rayj.9568 Living expenses. Many lives in another city.

[@rayj.9568]

@user-ct1kh2if8j Thank you for your response. I wished that the leaders in the US would realize that our nation would benefit from having educated and skillful citizens. Instead, our citizens are led to be in years of debt.

[@clydeshannon8669]

Rental properties with mortgages on them are a disaster waiting to happen on top of other debts as well

[@sparkymmilarky]

Why do Americans so frequently live in debt? I just don't get it

[@bigpicturethinking5620]

It’s easily accessible (debt), tempting, and culturally acceptable

[@seosam652]

It’s hard to break social conditioning and go against the norm. Unfortunately, debt has been accepted as normal for Americans. Similar to what Dave has said before, it’s completely normal for people to have a car loan for ever, cause they constantly upgrade their car and it never gets paid off.

[@eugeniuszeugenejaworski-re8699]

Ez Pz😉. Ask yourself who is getting benefits from this live in debt culture

[@howlbeast]

@@bigpicturethinking5620 culture acceptance will be the downfall Americans.. Stop living beyond your means and flossing on social media... next generation need to avoid this American way curse (debt)

[@howlbeast]

@James Stockdale I live in London and I agree... debt its the American Way man.

[@danieldroukis5431]

This ain't rocket science. People spending way beyond their means.

[@ARS757]

Why not just sell the main house (900K) and with the equity ($325K) he has built up in it, pay off his current debts?

[@dynamicwellness33]

Yep- that’s the smartest move.

[@justincase2830]

Yes. the rental properties are providing some income. His main house is a non performing asset.

[@TheLivedeath]

New wife probably wouldn't want to downsize in house, if she wanted 90k in cars.

[@canadianjatti]

no then you risk high rents that increase. With a home he knows his payments for the next 30 years. I would get rid of every other house and cars like dave said and pay off my debt with what i get from gettin rid of all that in a snowball manner (highest interest gets paid first)

[@howlbeast]

That ex wife man sheesh 24K til he dies... thats messed up! The judge pulled a Deebo on him "WHAT MONEY" Marriage is a gamble and divorce is one sided

[@TheLivedeath]

If he spent 20 years progressing his career. And he told his wife "Honey you stay home with the kids, while I work". Once they divorce. She has no career and has to start from square one.

[@agathachris9722]

I would lower my income and sell everything and get the alimony resettled. When it's low enough I'll be out of the country living there comfortably.

[@hastycontemplation]

She should be ashamed.

[@hastycontemplation]

@@TheLivedeath I guess that is the chance you take when diving into a commitment like marriage, better know what you are doing and follow some of the advice Dave gives. But a state forcing alimony is obsurd, they have no business doing that imo.

[@hastycontemplation]

@@TheLivedeath I knew someone who helped her husband become a pilot and he later left her.

[@bitcoinpysa-cryptominer456]

*I already know Chef Dave ganna give him the secret menu of "beans and rice - rice and beans"* 😂

[@phsquared8719]

Chef Dave. Daynaker

[@adamsaldana5462]

This guy spiraled out of control so long ago

[@bruceoldham1896]

There's NOTHING like financial peace!

[@keithwatts2506]

Iam 54 never made over 50 grand a year working my entire life its hard to feel sorry for som of these folks

[@jamestokar9013]

This guy won’t do nothing, he’s trying to live the California fast life like he’s a celebrity. If I were Dave i would’ve told him sell everything and move to Wisconsin

[@kljamison]

It’s expensive here too but I understood what you mean

[@deniselittle5558]

So why do so many men have to pay alimony forever in the US? Why can't these women support themselves after divorce? There was never any option for me to get alimony here in Canada.

[@xekret]

Geez.... and I thought my $10k in debt was bad enough. Can't imagine being in this guy's shoes.

[@MrDmessa81]

He needs some balls... what do you mean "I hope my wife buy into it" lol