Whenever In Doubt, Budget It Out!

[@cookingtherapywithmo]

Last week, I sold my 2021 JEEP Compass back to the dealership. I had it for 10 months. Luckily I didn’t owe anything out of pocket because the warranty covered the difference. I went out and purchased a used 2011 Hyundai Accent for $4700 cash. By the way, it runs good! I was $27,000 in debt driving a car that I rarely drove because I work from home most of the time. I feel like a brand new woman! It’s about making better choices with my money that I’m most concerned about. I’m looking forward to a financially free future!

[@chasyho]

Good for you Monique, how's it coming?

[@cookingtherapywithmo]

@@chasyho it’s going great! I was able to invest my car payment without thinking about it.

[@lulu_america8855]

Good for you, Monique! Like Dave says, that Compass will be worth half in about 5 years. How far are you from your debt free goal? We just reached ours.

[@mkite715]

So awesome…great move!

[@Max-gp4wp]

Smart

[@stacypastry2440]

Does anyone else get emotional during the debt free scream? I'm so happy for these people! It's also incredibly encouraging when looking at my own $23k debt that I thought I would never be able to pay off. Thank you so much Dave!

[@elizas4370]

I started listening to you at the beginning of the pandemic. You were a great factor in me attacking my debt and just looking at credit completely differently. Now I paid it all off and am starting a business because I want to become someone successful and I have faith in myself. You and Jim Rohn's motivational talks turned my thinking around. Thank you!

[@danjuhas3094]

one more, and then promise ill stop: i drive my trusty mazda pickup (thats been paid off for ten years now): i call her my "luxury vehicle" because its SUCH a luxury NOT to worry about getting it dinged by a shopping cart; my "monthly payment" is MONEY IN THE BANK; my insurance payment is practically free-- DUDE, THAT is pure luxury. i make no apologies.

[@phard5761]

Debt-free for over 20 years, I followed these "common sense" principles and practices before I ever knew about Dave Ramsey. Now I pick up more developing knowledge about current issues and needs as I age. Thank you, Dave Ramsey!

[@CharlotteG754]

Count me in!!! I went debt free thanks to you Dave Ramsey!!! You inspired me to change my mind and life around!!!!

[@dylanappenfeldt2442]

Congratulations Johnny and Daniella So happy for you and your family! Thank You for your service Johnny. Amen

[@girliland3763]

"I've got a PhD in DUMB!!!" I love it😂💛🤣 who caught that. Mr. Ramsey you are a Genius. I am new to the community finally changed my Mindset🙌🏼

[@elainevargassssss3786]

I feel like AO and Dave Ramsey have the most fun and laughs out of all the duos.

[@chanj2109]

Agreed

[@agentjess40]

💯

[@popshop52]

Even more than Kent and John? I definitely fell Dave and AO are both of a similar mind set. But I think the other two enjoy it more.

[@danjuhas3094]

youre right (as usual): im one thousand percent debt free and youve never ever heard of me. BEST way to be ever. its about freedom. its about serenity. its about power and autonomy. its about NOT being compromised or making decisions youd otherwise never opt for. keep up the good fight dave.

[@precisiont5188]

Exactly, like not putting anything in our body that we don't want, despite the intimidation and f/asci/st tactics.

[@RetroGameDungeon]

I love these people so much. The greatest podcast every made.

[@10krystal]

The only debt I had was a car payment. I had a 2017 Terrain. Had it for 1 year and 2 months and I went why the heck do I need this? So I sold it back to the dealership. I originally purchased it for 21k and paid it down to 16129 sold it and made $10,217 off of the vehicle. No more debt and I'm so happy about it. Now I'm investing my car payment and the money saved from my car insurance. Yay!

[@sarahcastelli6161]

jesse took the test on the comeptuer the answers were reed alond to him he asked a answers to the answers were reed alond to him hedid not understold the answers to to the that you have a good answers

[@ponderosapondhomestead4344]

Thanks for all you do Dave! Glad I found you on KZbin! I have been debt free for over 10 years!

[@Eagleknight815]

46:20 - This came up in my memories today. Today ol blue will be 19 years old in June and still gets me through! 💙

[@gsmith5140]

Almost there. Got rid of $21k last week when I sold my car. Have $4900 to go on a personal loan, then I can say I'm debt free!!!!! 😊

[@celisseevans309]

Get'er done!

[@nelsonofalltrades]

"They don't work, even when they're at work" 34:16 Me: listening to the podcast while working....

[@makingchanges64]

Me, right now… 😂😂😂😂

[@heatherjohnson5612]

Same🙋🏻‍♀️

[@barbararuiz3776]

LOL

[@dylanappenfeldt2442]

Congratulations Eric and Breanna! FANTASTIC Story

[@kstraigh5991]

"You're raise is effective when you are" - OMGoodness, IF ONLY more companies did that.

[@jessicaanderson8240]

Oh Dave Ramsey. I love you and your realness, sir!!! And you too, AO!! Y'all are something else.

[@precisiont5188]

I have a lot of respect for you Dave Ramsey.

[@SaraLedesma]

I haven’t heard Dave in so long!

[@myoldvhstapes]

Whoo, Dave is ON!

[@mariafriend644]

It’s almost like Dave is doing a Look at Me scream!! Loving it…

[@dylanappenfeldt2442]

Long Term Care is interesting question I am 57 and excellent question thank You for the answer Dave

[@danielpalmer5138]

May God bless Dave ramsey he changed my families life and family tree

[@summermoon4620]

I love these videos so uplifting ,genuine positive . Thank you

[@PCKA1987]

Loving the intro. So much truth. Thanks, Dave!

[@dylanappenfeldt2442]

Great First Hour Thank You Guys I really really needed that one Dave!

[@danjuhas3094]

sorry, but i HAVE to add: i did EVERYTHING wrong, to start. you name it: credit cards, student loan, gambling, etc ad nausium. that past me is GONE. i learned not just the how, but the WHY. cant believe im saying this, but im nearing millionaire-- nope, not there yet, but close. ME. so yes, it can and does happen. final word: i want to pay back. important message of yours. maybe the best fringe benefit of wealth.

[@YellowBird13]

On baby step #6...Thanks Dave😁

[@BrotherhoodWorkshop]

Well done!

[@chanj2109]

Ditto!!!

[@ta_reesa1251]

Way to go!!!

[@unknown-me6hu]

Ha I'm in #65

[@SandsOfLife79]

My husband is now retired and built a territory from $ 234,000.00 to over six million dollars and held it until he retired even through the 2008 ression. He has a Highschool diploma. Hardwork is the main source to being successful.

[@amberslilrose3954]

28:32 My two daughters are Lillie and Rose! 😂

[@jordangarrick669]

I agree with Mr. Ramsey's advice regarding sticking to your principles with one exception: marriage. Based on my own experiences, if you stick with your principles in a marriage, you'll be rewarded with divorce papers. Especially when money is involved. If you tell a woman you are reducing costs and sticking to a budget, she hears you say "You're not worth spending money on." And she's on to the next one....

[@tammyhead7825]

I love the show guys!! I love it!❤

[@christinesimfukwe9027]

The baby steps are really helpful, i wish i had known about them earlier.

[@tiffanyroberts5993]

I just don’t understand why that dude would sell his truck? He doesn’t have much left on it and he could pay it off in like 6 months with his gig job. I’m assuming if he has a payment on it - It would be newer and more reliable than a junker. Whatever he saves to buy a junker he could use that to pay down his loan and have it almost paid off. That’s just me thou. I’ve had a junker before and it was a constant headache! Ugh

[@lisalaude4431]

Why do debt free screams make me emotional?!?!

[@cookingtherapywithmo]

I’m trying to get there!!!! 📢

[@precisiont5188]

Yeah, the universities are praying after students. Then there are all of the bogus fees, etc.

[@Pandorash8]

I wish we had long term care insurance here in Australia. Instead nursing homes are allowed to attach themselves to your estate and feed off it like a parasite. Two royal commissions into the aged care industry exposing fraud and negligence and yet nothing changes. People in my country don’t respect the elderly enough to force our policy makers to bring change. It’s awful.

[@diannamc367]

😥

[@drswaqqinscheckingin7210]

why do you have "Royal commissions" and not just regular non-royal committees? something something still under british rule

[@Pandorash8]

@@drswaqqinscheckingin7210 we are a British Commonwealth Country. We essentially self-govern, but technically we’re still linked to the crown.

[@jamariquewynn878]

Lol Dave said “Period” 🤣

[@willwemmer2732]

Love the Braveheart touch.

[@berrie0]

I'm not quite understand, why has to be debt free. Debt can be good debt and bad debt... Investors all have debt to generate more money. Of course we don't want to get into debt with fancy cars or brand purse...

[@michelleh9794]

Unless there is a prepayment penalty on loan I don’t know that he can charge one it depends on what’s in the contract. He can earn so much more investing his money when he gets his money.

[@David-tm3ze]

Phd in DUMB hit the nail on the head for me. Trying to be smarter financially

[@MC-mn8iu]

I also listened to Dave's when he was on the radio. I don't think he was boring I think he just had a flat tone.

[@mlovespring7892]

I am like Papa Dave. I am a do-er and a get it done right, but couldnt advance because I dont have that piece of paper.

[@tavonwillisWC]

Shout out to Aristotle.

[@davidchrist428]

I did not hear a mortgage for Johnny and Daniela....they are not debt free.....Why did it take so long to pay off 192K while making 160k a year? Where is their money going?

[@thirdintegra]

Why is that any of your business?

[@ta_reesa1251]

Thirty four months is super good!

[@EmilyLucille523]

How long have you’ve been listening to Dave for??? He considers you debt free if all is paid besides the mortgage. The ones that do pay there house off too he calls them “weird people” (in a good way) when doing their DFS.

[@nelsonofalltrades]

I believe Dave doesn't categorize a mortgage as "debt" in his plan for several reasons. 1) mortgage debt is considered "good debt" because your home is an appreciating asset (most of the time), meaning it can be sold to almost immediately remedy that debt (depending on how long it takes to sell), 2) for practical reasons, most people cannot afford their first home with cash, so that debt is "acceptable". Also, that 160k/year they were earning probably didn't start at 160k, but rather ramped up to that by the end. 34 months is quick if you consider they essentially paid off an entire mortgage's worth of consumer debt in that small time...It took us about 2 years to pay off 80k of debt on a single income (I work about 100 hours per week w/ full time job + side hustle), so they outpaced us and I felt like we paid ours down considerably quick - but it's not really a race anyways. The goal is to reach the finish line, and everyone will reach it at different times. Big congrats to their family!

[@jasong5127]

Johnny only made 160K because he worked 80+ hours for 34 months.

[@Nissan-hz8zh]

its funny when dave curses. its so unexpected. ha

[@jhrielly]

I have heard Dave’s story about advanced degrees many times and then I hear him rave about a PhD on his staff and it diminishes the value I have when I hear him speak. If he is that good why does everyone refer to him as a doctor?

[@DJReeRee]

My son is going for his MBA at Florida international university he’s 18 has a full scholarship and invest in stocks and is almost at 50k on his portfolio

[@toby7291]

Dave Ramsey 2024... Put America on beans and rice, rice and beans....

[@precisiont5188]

Yes, that's so true about the mob.

[@nickieburgess6223]

💗 love this !!

[@dylanappenfeldt2442]

Dave I am 57 Please Explain What Happened to Our County? Please Can You Help? Thank You Dylan from Florida

[@ta_reesa1251]

I just realized the show is missing GEORGE KAMEL! I miss his goofy jokes. I couldn't figure out what was different...until right now!

[@chanj2109]

Omg!!! Im just noticing. Where is he??

[@DV84nl]

Yeah me too!! Kamel kamel kamel - no relation!

[@drswaqqinscheckingin7210]

he disagreed with dave on a minor issue after a show one day, dave in his infinite wisdom was having none of it. So he told george to get lost and that was that george was fired never to return for daring to question dave and not just agreeing with everything this tyrant does. Like waving his gun around during a meeting because he was upset about gossip.

[@jaoso1019]

Do y’all have the total money book in Spanish??

[@janetgarcia1642]

Old blue got you through lol

[@benpeter4970]

Can i borrow money from my home equity?

[@trevorrnicholas7114]

You’ll make more money if you get a mortgage Steve. And invest the money instead of just throwing it away on a house in full

[@lindaparks4486]

most jobs have requirements to pay for classes such as at least 1-2 years of employment and a satisfactory performance review

[@Artem-qx4qb]

Uh-huh, yeah Dave. Yes. That's it. Yeah. Right. Yeah. Absolutely. Yeah. Mhmm yes. Definitely. Yeah. Absolutely. Yes. Right. I like how you said that too, Dave

[@carnivoreisbetter]

How do I call u from Australia. I have an urgent question

[@drswaqqinscheckingin7210]

this guy gives the best bank brochure level financial advice for people with an iq lower than 80

[@jordanissport]

Think about who his audience is. Christian evangelicals. Not very smart. His advice is archaic and outdated.

[@gustavoulloa3319]

I hope one day I’m debt freeeeee

[@justenholder918]

you should've edited the breaks out

[@bobbiel9663]

I grew up thinking the Pissing someone off was a cuss word?

[@poohlyngirl]

Where is Anthony now?

[@stephanietrotter3041]

They make me laugh God love him!

[@VishnuAnilkumar1]

Yaay! Dave ramsey spoke abt me... Non christian having issues with him being too christian in a financial show. But that said, i love the man and the non religous stuff he teaches

[@rebeccaanne8546]

High protein

[@KimikoMaui]

PhD in d.u.m.b. ...lol no one caught that. Guys wake up lolll

[@dks13827]

Don't pay hers.

[@yourstrulynaturalcare8494]

I have been wanting to ask, for the purpose of understanding, what is the reason it's okay to take out a mortgage the first time after completing the 1st 3 baby steps even with knowing your stance on debt? I have many ideas as to why it is okay but im a bit conflicted with the whole idea of getting back into debt when the baby steps (1-3) are completed. I see it works because of the success stories shared for those who are well into the final steps of the baby steps. But i just need understanding for my minds sake. By the way my vision may be a bit distorted because I have not started the baby steps yet (a bit of a complicated situation: I do not currently make a steady income) But that is the intended goal. Can someone please shed some light on this?

[@celisseevans309]

Student loans, car loans, things like that are much smaller (usually) than the amount of a mortgage so it's very doable for people to pay off their debts but not so realistic for them to save up to buy a house cash (ESPECIALLY nowadays). So the idea is you pay off all of your debts, get the mortgage and then go balls to the wall paying it off as well.

[@GazaFloatilla]

Strategic plan me some weight loss

[@rosiebaker4250]

All young girls living my fortunes

[@davidchrist428]

The other couple was not debt free either....still no house.......

[@EmilyLucille523]

Again, he still calls them debt free regardless because the house is the only good debt he allows.

[@Alexis-wh2de]

It's about not having consumer debt, which is avoidable, but that just doesn't have the same ring: "Consumer Debt Free Scream" 😫

[@oscarpicon7164]

AO!

[@aprildiley470]

I'm a high school math teacher for a Christian private school and we use your Financial Peace University curriculum for our juniors and seniors. We began to supplement your curriculum with episodes from the Dave Ramsey Show. On this particular episode we were very astonished to hear curse words being used by Dave Ramsey, a man who markets himself as a leader of a faith-based brand and built his fortune on such. I no longer have the confidence using Dave Ramsey's curriculum in my classroom because of the contradictory behavior we have wintessed.

[@laurakinalwa8528]

We all sin darling

[@celisseevans309]

What say what?! Juniors and seniors have heard much worse talk than that, trust me. I feel positive they'll get more out of the program than learning a naughty word...

[@alanthompson8752]

Common sence

[@BeaverTucky]

More debt free screams of people that are not debt free, you still OWE the mortgage man.... must be a millennial thing

[@theunseenthings]

Please don't use bad language! This show used to be family friendly but now I feel like I can't listen around my kids 😕

[@birthdaycakeremix1]

@@19CS91 "bitchin" lol

[@lionhoneyfilms1460]

:)

[@bettyguest2749]

Why would you curse like that? Long time listener....but you must know that people usually listen to your program with their entire family. So sad.

[@jacobromero5247]

To prove there’s people like you that judge no matter how good he’s done for people his first mistake is brought to light more than all the he good he’s done

[@bettyguest2749]

@@jacobromero5247 Wow, so am I judging or are you judging? Take Care