I'm 22 And No One Will Give Me a Loan!

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[@jezzermeii]

"You gonna do this?" "Yeah... yeah.." He's not gonna do this. Lol.

[@ChanceK.100]

I think he will.

[@CCC_099]

Lol

[@koolkutey2328]

jezzermeii he sounds like a smart guy tho, just in a bit over his head atm

[@ImVeryBrad]

he sounds like he is going to

[@kj-marslander]

Chance K. You have too much faith in people

[@me_not_me]

This kid is not going from a Lexus to a $3k car... you can hear it in his voice.🤦🏾‍♀️

[@Jake-jf9ij]

He has no bills bro. He's fine with the Lexus since he has no rent

[@FrostyCoug]

Dave know that this is just the beginning of this kid’s money problems so he’s trying to teach him the right approach.

[@fitybux4664]

You can lead a horse to water, but you can't teach it wisdom.

[@warwagon]

LOL, I would be HIGHLY surprised if he does ANY Of it.

[@matthewwilliams9200]

the kids more worried with credit then the fact that hes broke.

[@Cody_Ramer]

matthew williams well i dont really blame him to much he was probably told when he was young that a good credit score is the most important thing to have.

[@foreverforward1806]

@@Cody_Ramer im 22 and yes I was told the same thing

[@bennnny73]

MAD BOII Me too as of recently with buying a car. Apparently taking out a loan to eventually pay off looks good when looking to buy a house or a condo.

[@barneystn7521]

He's not even broke. He's just worried about credit score not realizing he doesn't need it. But I bet he won't drive a hooptie.

[@domwings4329]

He’s totally using it to justify a nice car lol only way to build credit is to go into debt. Can’t blame him, he’s young

[@cutlerylover]

Early 20's drove a Lexus cant figure out bills even though he makes over 50k a year, there is no way hes buying a 3k junker, he cares too much about having fun and being cool...waste of Dave's time...

[@notantonokay1721]

I would trade a lot to talk with Dave and earn a piece of his wisdom, this 22 y/o boy wasted it

[@cutlerylover]

@@notantonokay1721 Well its a reminder advice is sometimes taken and other times wasted, its nice we all get his advice here on KZbin for free so thanks for that Dave!

[@nicolaslamer7103]

Exactly what I was thinking. Sounds like me 5 years ago before I found out about DR

[@cutlerylover]

@@nicolaslamer7103 Pretty amazing what Dave has done for thousands of people, hes a blessing :) I 1st read one of his books I found at a thrift shop for $0.50 and it helped me pay off 10K in debt in 6 months...never looked back, once I found him on here I subbed and have been enjoying the vids ever since :)

[@riflemanm16a2]

Cutlerylover! Fancy seeing you here. I used to frequent your channel when I was super into gun stuff several years back. I need to check out your recent videos.

[@Lady.Luck.]

He just wants to get his credit up to get another loan!

[@mikenelson8377]

When DR did ‘the math’ and told him to quit going to the bars on the weekends, the caller got REALLY mono-toned. There’s no reason, making that kind of money, he should be in debt.

[@clarkclarke]

And have rental property ... 🤔🤔🤔

[@Sylvershade]

Sounds like my sister in law. She and her husband bought a house, financed new furniture, financed a new car, sold the furniture, financed new furniture, financed a boat, financed a camper, sold the house, bought an old house, financed repairs, financed new furniture, got jobs an hour away.... All in 3 years. My wife just told me they are 450k in debt and they make 55k a year..... They are at the bar every night.

[@CaesarAugustus.]

@@Sylvershade 👁⭕️👁

[@TartarianTopG]

@@clarkclarke it’s a house he lives in and has roommates. Lol it’s not that difficult. I just hope if his roommates leave that he can pay it easily every month. It’s his only property

[@shaythiele1320]

I love how Dave is so good at this he knows what people are spending their money on without them telling him.

[@NadeemMansouri]

i mean 22 and making 54k a year with no housing cost not too hard to figure out.

[@ConradOMalley]

The dude didn’t argue.

[@antoniomartin5204]

Anyone else bust out laughing when Dave said GOOD! 😂😂 The best thing to happen to me was get turned down for loans in my 20's.

[@beastfromtheeast9318]

I can tell by the way this guy talks that he’s hard headed. One of the things I hate is people who talk over you. This is the type of dude I turn around and walk away and he’s still talking when I’m already out the door.

[@billschlafly4107]

I like to put a mental pebble in the shoe of those kind of people. Make them scratch their head rather than shrug their shoulders.

[@DCamp1271]

@@billschlafly4107 hm...does that mean you like to leave them guessing or create confusion for them? it was an interesting way of phrasing that i've never heard before...

[@mmp495]

He sounds ADHD. Sounds like great 100 ideas at once and impulsive. It can be a gift and really great if you shape it that way. I believe he has hope.

[@Angelofdeth20]

debt free in 4 months? what i wouldnt give for that. the man doesn't know how good he has it!

[@bryanjacobs1423]

"I need to take out a loan." Why? "So I can build up my credit." Why? "So I can take out another loan." Why? "So I can build up my credit." 🤦🏻‍♂️

[@Sequence455]

Bryan Jacobs 😂

[@corner559]

That guy needs to learn how to shut up and listen. He just runs his mouth.

[@ToyotaCelicaDude1]

I wanted to buy a Lexus. But I bought a Hyundai cause ya know, that's what I could pay for in cash. Self control. It's a great thing. You might not be driving a showy car, but financial stability is more attractive to most people.

[@benjaminnoordam7707]

Your missing the point it's about your own contentment not what other people think

[@CaesarAugustus.]

He called in to just have someone validate his thought process, and Dave is not the one 💀

[@DCamp1271]

Basically 😩🤷🏿‍♀️ Seems like the kind of person who enjoys the sound of their own voice most of all. 😆

[@wolfman9959]

Lol. I love how everyone who comments on these videos is a financial genius who never made any mistakes. The dudes 22, makes over 50k a year, has his own house which is getting paid for by roommates, and is seeking guidance from someone who actually knows something about money (unlike most people who comment on this video).

[@Lady.Luck.]

true... 90% of 22 year olds wouldn't know to call DR!

[@j.gardner4811]

But they would now how to text him. Lol

[@NadeemMansouri]

Im 22 and havent done something as stupid as he has but im getting paid WAY less then he does and still invest as much money as i can

[@crestinglight]

Agreed. He's 22, cut him some slack. At 22 I was making $20k/year and making tons of dumb decisions. He'll figure it out, he'll make dumb mistakes and learn from them, like we all do.

[@dawna4185]

hahaha.....yup! everybody is an armchair critic and expert.....

[@sidharthchand8072]

Something tells me he’s going to find a cosigner

[@DJxDannee]

Just bought my copy of total money make over Dave. I’m in a similar situation. I’m 22 and I bring home 3k a month. Have about $1200 in bills monthly (including rent) and am $900 in debt with my credit cards. I have a hard time bringing that total down because I’m very impulsive with my money and I DONT do the math before I swipe my debit card. Hopefully I will learn a bunch from your book. Looking forward to being able to build my savings rather than be in debt.

[@Espelter]

How did it go?

[@MelissaAndAlex]

People can support families on 54k. Stop partying. Grow up

[@MrSiyamson]

No one is comfortably supporting a family out of poverty at 54k single income...

[@loganparr9850]

Siyamson Pathmanathan hahah right this guys standards must lay really low

[@ninja.saywhat]

stop partying at 22? let him live his life. his still young and in his prime years. better advice would have been "limit" partying.

[@andymschott]

@@loganparr9850 I support my wife and two kids on less than that comfortably, so I'm not sure what you're getting at.

[@loganparr9850]

Andy Michael Schott ok

[@ianmowbray3284]

Why do people buy car that are so expensive it,s crazy!!!!!

[@tez_foe4382]

The Salesman Leads Them To Think That They Can Afford The Car IF They Can Afford The Monthly Payments.

[@noncustody]

50k and up is expensive, not 24k

[@zunaiandre2341]

A matter of Look at me I arrived😅😅😅😅😅

[@MrTmenzo]

Attract females why else huehue

[@temickab]

Dude just buy a cheap car and pay the debt

[@niojube]

4:41 Dave: "You're gonna have to concentrate - *mutes the guy entirely* - and focus every one of those dollars" *proceeds to talk for another minute*

[@jasonlyle3818]

hahahaha I bet this guy felt like such a big shot with his fancy Lexus...

[@TheMeganExperience]

is250 is the base model anyway 😏🤣

[@jasonlyle3818]

The Megan Experience so it's a Camry with leather seats??

[@mikenelson8377]

He’s 22. Of course he thought he was a big shot 🤷🏼‍♂️

[@willpompe]

Good radio show to listen to! Good to learn from.

[@MultiTaz321]

He called the wrong person he thought Dave was going to help him build his credit ☠😂

[@moparfam300c]

If you're gonna buy a Lexus, you should've at least saved up and bought it upright from the dealership...

[@haythamthabit42]

MoparFam 300C or a good used one for much cheaper, since they depreciate.

[@jay-rus4437]

.....he didnt take any of this advice. He was likely driving a brand new raptor or bmw a week later

[@hzuiel]

At 35% interest to a buy here pay here lot that has it lojacked in case he drinks all his money over the weekend and can't pay his bills monday.

[@OldestOf13]

I sure hope he follows Dave's advice!

[@bradleypost8971]

I’ve seen luxury cars that are $5-10k but they’re not brand new. They’ve already depreciated a lot.

[@roxannegordon6162]

I gave my two daughters the book Total Money Makeover....I don't think they've read it yet. They sit and wonder why I have so much in savings and nearly totally out of debt, even the house all paid for. I never thought little 'ole me from a small town would own a home worth $220,000, and just as much in savings. who knew???!!!

[@anthonyknockel6968]

Brutally honest! I love this guy.

[@justinredman9463]

"You gonna do this???" "Yep. Absolutely." *keg stand!!!!*

[@Dan-cm9ow]

$54k and he bought a Lexus? Geez.

[@carlton2361]

He's young

[@Dan-cm9ow]

That's above 1/3 gross which is often considered a good ceiling. Not to mention luxury cars cost more to maintain and lack the kind of aftermarket parts that common brands have. His budget is the reason he is in such a tough spot, but that's too much on a car for the income.

[@Dan-cm9ow]

@Dylan Smith Lexus is the most reliable luxury brand but it's still luxury so it will break more often and the parts will cost more. Don't get me wrong, it won't be a dumpster fire like a $10k BMW, it just won't be an efficient use of money.

[@CookingLessonsforDad]

He has a lot of potential!

[@maciejtylka765]

Im glad you said it

[@cjzanders5430]

But Dave, my credit . 😂😂😂😂😂😂

[@ladypink3473]

I read the title and knowing Dave I laughed. After listening, this guy is smart just needs to focus on where his money is going and he can go far.

[@LaDeeDah]

Dave is a savage and I love it 😂

[@mmp495]

I wonder how how things turned out? He can absolutely do this. He’s a smart kid and he’s got leverage. He needs to focus and sloooow down.

[@calebmallen]

You need to stay out of the bars on the weekends. {pause} Dave nailed him to the wall! 😜

[@TheComp_Troller]

I wish I had known about Dave in my early 20s!

[@JulioLopez-xz5kx]

Devin: "But, but, you only live once!"

[@priya1568]

He has people renting out his house and paying his utility bills, he should be saving at least 1000 a month!

[@angelomma2155]

Bro lets be honest im 23 and i make 41k a year, i mean idk if this dude is lying or not because at the age of 22 and making 50k something a year salary and having this kind of problem then idk what is....

[@ThatGuy-io7ks]

Just because he makes great money for his age doesn't means he's smart at spending money. Just wasn't taught personal finance. There are some jobs on the market that pay well with out college degrees. 54k is doable at 22

[@TheMeganExperience]

I was making 60k at his age and didn't have these issues. You can't out-earn stupidity. Higher income also doesn't necessarily mean higher intelligence and higher intelligence also doesn't equate to financial saavy.

[@livia.creates]

You would be surprised how much people spend on clothes, clubbing, the latest tech, going on vacations every other month etc.

[@iwellbreastfed]

Mommy and daddy paid for school

[@Monkofthecaribbean]

Im making 80k as a 23 year old. Different jobs, different financial decisions, different situations.

[@NadeemMansouri]

making 54 and no living expenses, Like I cant even imagine what he spends his money on.

[@artharrison294]

DR likely hit the nail on the head about the partying. This guy needs a loan to get a head turning car to maintain the image and life style he wants. No way will he go for a cheap car, nor a spartan life style. He’ll get a car loan alright, but at an exorbitant interest rate. Forecast is not for debt free in a year, and likely chapter 7 in less than 10.. DR has given him a path, and hopefully he’ll follow it. On the bright side he’s 22 , has respectable income, is bright, bought a house with a plan to pay for it, and is seeking advice from a great source. Hope runs high for his future! From one living debt free except mortgage, 850, and it took sacrifice to get there.

[@Relic_of_You]

My car just went over 100,000 miles and I was pumped! The dinged and scraped side says that cars had a fun ride! Looking forward to making the car hit 200,000 someday! I don't know why everyone wants the newest thing just to move from point a to point b. Why work a job for the thing that gets you to that job?

[@teletubbiemidget369]

If you're interested in cars, i think that it's fine to spend some money on a nice car. But it's absolutely ridiculous to get in debt just because of a vehicle

[@SigXman]

$3000 can actually get you a fairly nice car.

[@thatsyrianguy487]

Got an Infiniti Fx35 for 3k with 250k miles on it. It has 270k still going strong, best part is my name's on the title and not a bank's

[@JoshuaFrick3]

Not really. You might be lucky and find something pretty good here or there, but for the most part, you better keep that emergency fund well stocked if you’re gonna drive a $3k car because it’s going to be in the shop a lot.

[@moparfam300c]

$3K? You can buy a 2011 Lincoln Town Car with like 50K Miles on it, not even over a 100K for that amount of money where I live! That's a nice luxury cash car for you!

[@ccgrider1014]

@@moparfam300c were do I go to get that puppy??

[@moparfam300c]

@@ccgrider1014 Anywhere really, just go on CarGurus

[@CapDrew]

Almost all 22 year olds here in AZ don’t even make 54K a year. I’m in school to become a Physical Therapist to make 90K a year but that’s after 8 - 10 years of school. How do people make 54K at 22?

[@Unibot47]

He could be a nurse, or in some sort of trade.

[@NeoAndersonReloaded]

Any trade pay $20+ not including side work or OT

[@aja23136]

Software Developer I made 80k out of college. High demand fields pay really well.

[@CapDrew]

NeoAndersonReloaded not familiar with trade? Stocks things of that nature right?

[@CapDrew]

aja23 really? With a Bachelors?

[@Lorcat02]

Sounds like me when I was 21 making almost 6 figures cash, and living with my parents. I'm 30, and finally started learning about 2 years ago.

[@temickab]

My credit sucks. I purchased a 2500 car and it rides smoothly. Keep the maintenance and im paying my debt one by one. Im hoping to be debt free by this time next year. Except student loans which I will start paying after i graduate college. I am a software developer without the software developer salary. Im currently looking for software jobs so I can start paying on my student loans

[@RhinoXpress]

Less bars on the weekends, and more staying at home with netflix and chillin......

[@bowmaster24]

This guy has a 580 and can’t figure out why he can’t get a loan?

[@christofarnucc1344]

a 20 year old bought a house and i can't even get a credit card with my bank of 10 years.

[@InvestingHustler]

Not sure why dave would ask a guy whose in debt and barely has any cash to spend the rest of it on a car .Take the bus use that money to pay of those debts. Sometimes things have to get worse before they get good !

[@twobunny8161]

Investing Hustler it’s America mate, unless u live in a city, u need a car and even then u still might wanna have a car

[@bonehelm]

I would agree with you but that's highly dependent on where you live. Not every city/town has good public transportation, especially in rural areas.... Just "take the bus" doesn't apply to everyone. So if public transportation isn't an option, then you need a car to get to work.

[@SugaryPhoenixxx]

Public transport is not readily available everywhere. the nearest bus/taxi for me is a 45 minute drive to the nearest large city.

[@divinediva_]

He NEEDS a vehicle in the area he lives in. The Tampa Bay area is HUGE and it is a real pain moving in that area without one. Not all areas are accessible by public transportation.

[@InvestingHustler]

Yah I guess you guys are right , all depends what city you’re in. In Toronto sometimes taking the subway is faster then driving due to all the city traffic !

[@dogan6070]

Take the bus. If you don't have a car. What's the big deal.

[@bobbileehall3567]

Dave’s facial expressions speak volumes.......!!!!

[@michaelh5055]

I would love to make 50k a year with no responsibility A thousand dollars a week to just blow🤦‍♂️🤦‍♂️🤦‍♂️

[@juanl1999]

He won't do it. He's dead set on buying a fancy car and impressing girls. He wants to be normal real quick 😂

[@gamesofcontent]

I have watched these videos for years and I dont follow his system exactly. I have no debt. I pay 10% gross into 401k. 10% of net into a. Investment account. 10% of what's left after that into my savings. Taxes take roughly 28% of my wages. So I am left with roughly 50% of my income to live off. I have an emergency fund of 1 year and I use my saving account for big purchases. If I want to buy something I make sure I have 150% of what is cost to buy it.

[@phantomtized]

Give him a break guys. He’s young. Still learning.

[@alishaphilbert4754]

Exactly!!! He will learn eventually mayb a hard way but he will

[@phantomtized]

Alisha Philbert Right.

[@ihyperizei]

I have a very rare opportunity and as a 22 year old I make 130k when I first started about a year ago, my co workers and I would go out to the club every weekend and blow cash like it was no ones business. I’ve tightened the reins big time now that I’ve had my dosage of fun and Dave’s right the biggest killer is bars and clubs, alcohol in general. Don’t do it😂

[@rades920]

ihyperizei where do you work

[@timothytarango1919]

He won't do it my son is the same age and always broke he makes some pretty good money also the funny thing is he always tells me dad you think your rich no I dont I I'm just debt free house and everything these kids now a days

[@pollodormido2]

Dang! He just pulled a plan so easy! It helped that the guy does 4,000 a month and his room mates pay for the rest of the bills.

[@PInk77W1]

Dave is a National Treasure

[@JesusCervantes-vl4mb]

He’s doing really good he just needs to clear debt

[@Questioneverythingx]

1:24 that face haha

[@goodfather3556]

Delay gratifications.

[@jay-rus4437]

Hope he comes on here and gives us an update. Im nearly certain he didnt take the advice, but would be nice to know

[@RAPIDX51060]

The kid is just not patient with saving money he can easily get out of that mess loans are everything to him by the sound of it hope he's doing better &learned something

[@coconutsfor2963]

Buy a bike and hit the streets

[@randomvideosn0where]

@@devonaragon7606 Probably the type that wears all black, blacked out reflectors (gotta look clean), headphones blasting music, and turns left without looking or signaling.

[@mollyg4980]

Buy a scooter, only goes 45 mph 😃 I rode one in school between work school and home, when it rained, I wore trash bags 🤣🤣

[@ninja.saywhat]

@@mollyg4980 sounds like a lot of fun

[@Ant0417]

22 yr old kid bought a Lexus and has zero money despite no rent or mortgage payment. Not a chance he bought a 3k car. He won’t do anything Dave recommended.

[@princesavillegas4511]

I think his only worry was having that 4K in the bank in case one of his roommates splits. He’s young and sees money coming in all month long, the only bad decision that had a consequence was the car. So it’s his first reality check. But hopefully it’s all he’ll need.

[@mrsnelky8291]

So what, your credit sucks anyway 😂

[@sharitabradley8848]

This is crazy... he's paying no mortgage or utilities payment but NO money!

[@aspenglobalfinance4951]

Hello sir do you need a loan?

[@defkake]

Love this show

[@maryeverling8238]

Gotta love how so many think they know what other people can or will do or not do... keyboard expert warriors!

[@ashleygoodrich3294]

My Motivation!

[@jasonlyle3818]

1:55 this guy needs to buy a 1,000 dollar honda civic or toyota corolla

[@Nightwing300]

No man it's not worth it. Buy the 3000 dollar car it will last longer

[@HazmatFatCat]

My girlfriend has a 2000 civic and I have a 2015 Mazda 6. My car payment is only $250 and i'm jealous of her because she doesn't have to pay anything.

[@Cmimss]

I'm 25 making $28,800 a yr and only in debt $20k that's a lot to me! So I'm working to never be in Debt again!!!! Should be debt free close to 2020!

[@MornevanWykSubscribe]

Good thatu CAnt get a loan good for you

[@sungenhou]

He talks when he should be listening

[@didyouknow7824]

The bank is auctioning my house

[@livia.creates]

Yikes. That sucks. Did you lose your job?

[@Noah-vj1gb]

Maybe you should have paid your bills lol! Simple math 🤷🏼‍♂️

[@icawn]

I bought a $3k corolla my last year in college. I still have it 10 years later and it's even in better shape now. The previous owner was a teenage scrub who probably would have wrecked it.

[@justin8771]

Bro u make 54 thousand a year 🤦🏽‍♂️and u can’t buy a car

[@Unmployable]

Why did this guy call Dave Ramsey? Talking bout how can I get my credit up to get a loan to get my credit up to get a loan hahahah

[@diplomat2623]

You’ve got one job!

[@padistedor]

Great advice, but we all know he won’t do any of it.

[@mistamaog]

Seems pretty easy. My idea is since my job offers overtime, I'm going to use that to pay off all my debts, and then start a business

[@bigkinnybass]

If he has his house covered then he should have NO excuse in catching up.

[@johnclinton8435]

Omg Dave love your advice

[@igot5onit423]

Just rob a bank 🙄 Worst case scenario you get 3 meals and a roof over your head 😂

[@imnotawasteoftime]

Worst case scenario would be you get shanked because you didn't give big bob your hunny buns 😂

[@michaelcookielover6091]

His gross salary a month is 4500, his take home is much less. Probably to the tune of $33xx.

[@mitchellcox2167]

This guy only cares about his image. Big ego.....

[@michaeljuliano8839]

He didn't know who he was calling.

[@joseaguilera6355]

Would much rather hurt his credit early when dude pretty much has none

[@austina4189]

I can hear the frat boy in his voice

[@prudencek7087]

I'm really confused as to where this kids money is going? No payments and makes $54k a year. You have no excuse sir!!! Just extreeeeemely poor management skills.

[@domwings4329]

This guy is like every 22 year old lol

[@JustFollowHim]

This guy for real?

[@billwessels417]

zero % chance he took this very good advice

[@dustinharford8454]

Yeah, this Chad isn't going to follow any of that advice. Hate to say it, Dave, but you wasted your breath.