These Bad Decisions Will Steal Your Wealth | April 4, 2024

[@miloseveggies8064]

11:05 RACHEL: "How much do you make a year?" LADY: "My husband works hard..." Amazing how many people find this question difficult. If any of you ever call into the show, just know that Dave's team is not going to audit you, he's simply asking for last year's tax return. Have that number written down for reference.

[@BeeDee-qs9so]

😂😂😂

[@Supra419]

I love it when Rachel and Dave bicker back and forth 😂

[@MollyMA13]

Their first little comments about conservative and liberal reminded me of my father and I 😂

[@1Espa1]

Me too

[@rachelh4189]

I love the teaching moments in the show when they take a break from a call to dive into a subject further

[@StephanieBogart]

Rachel and Dave combo is my favorite!

[@jasondima1411]

Mine too because they have too much fun!

[@DeezyDesoto96]

I like ms warshaw and delaney I’m sure I’m misspelling it lol

[@blaineshores4184]

Same!! Obviously they have great chemistry because they're father and daughter, but they're so funny together.

[@teresiaify]

Dave and rachel , Rachel and george My favorite combos

[@Nigriff]

Mine too

[@ks986]

I am LOVING Dave being back day after day lately!!!

[@Louise-mi5gz]

I love how much the hosts care about people and their circumstances. Rachel's expressions especially when people are explaining their situations, she listens intently and has genuine empathy and concern for people. I wish we had the equivalent of Dave Ramsey in Australia. My husband and I have an initial appointment coming up with a financial advisor, and I'm going to lead with "our goal is to pay off our mortgage as fast as possible and we are not doing this by leveraging debt." Pretty much all advice here is usually to take more loans and buy investment properties. 😭

[@Trustbutverify2651]

That is the same standard advice given here. Dave is the exception. Get out of debt and pay off the house and if you have to, you will realize how little you can live on with those two taken care of!

[@DeezyDesoto96]

@@Trustbutverify2651facts! I calculated my rent to a annual standing and that’s a good $17,000 rounded just for a 1 bed1 bath 🤦🏾‍♂️

[@AdamS-t3w]

wow you are gullible.

[@juliedewyer1366]

I'm pretty sure you can still use Dave Ramsey's people to help you.

[@AdamS-t3w]

@@juliedewyer1366You're missing the point. She thinks they are doing it for charity. They aren't. Their goal is to sell you stuff - books, apps, cheesy online courses, advertising, etc. That is their motive.

[@trainerjoe]

I cried like a baby every time we lost a dog. We're with ya Dave.

[@ambivertical]

I love daves rants and keeeping it real. The heroine son inheriting a lot of moneynis a real concern. Daves bluntness that shocks Rachel is one of many reasons thst makes this show great lol.

[@mmp495]

Absolutely! It shows his wisdom of helping others for decades. Unfortunately these things happen.

[@WendyW7508]

If he predicted the guys death, he was correct. My man was an on and off again heroin addict. And he inherited money from a deceased parent. He was dead in about 2 years. And broke. It was absolutely terrible and we feel his loss daily.

[@Nigriff]

I love Rachel's laugh when Dave makes a dramatic comment 😂

[@laurab5849]

She low key embarrassed though lol

[@dennis.teevee]

rachel+dave, my favorite dynamic duo ♥️👍

[@scrubs4everr]

I've watched this channel increasingly grow since the beginning of the year and it is well deserved! 🎉 Thank you for the quality content continuously

[@MsValiG]

The little nurse just made me feel better. Coming off of night shift after I was cast out yelled at and smelled everything you can think of

[@strqueen123]

Well I added up all my debt on Christmas day 2023 and went into shock. Tbh it's not that much compared to others but I was so disappointed at how I had let it rack up without noticing! 28k. It has taken 3 months to get my budget down pat, and I haven't reached my payoff goals as planned due to life and re-learning discipline, but thanks to a tax return, practice budgeting, and negotiating with the lenders (no charge offs but closed accounts in trade for low or 0% interest), I will have it down by half at 14k this month!! & I just need to sign a 1-2 more contracts and take on a couple odd jobs and the rest should be pretty easy 🤷‍♀️

[@sharonh8121]

When my 3 kids were little, I stayed home during the day, (when 2 in school-Pre-K age) - I would sometimes clean people's houses (with my last child) and then I would go to work at night at a part time job Mon-Fri. I did that for 9 years. It was not fun, but at least I was helping out with some kind of income.

[@Trustbutverify2651]

Sometimes it's not the money, but the husband knowing the wife is also helping to pull the load, even with little kiddos.

[@TerriHarper-j8m]

Love the show and I know the ads/promotionals are important for the show….but can we please have some new testimonials for CHM where Rachel talks about “Jenna’s story” every time? Surely there are others who have been helped and it would be nice to hear a “different” story regularly. Thanks for the consideration.😉

[@pamsmith1665]

CHM is just a rip. You pay in but the cult has to approve your covered medical event, and that is not a given.

[@Mike__Finger]

As a Gen Z CPA I can say I have never cried doing mine or anyone else’s taxes. That being said, I still pay way too much in taxes and it upsets me everytime I read my paystub.

[@TheCookieFranco]

I love whenever Dave looks at the Co-Hosts to let them know they need to start talking. It used to make some of them nervous.

[@lenetteshaw4833]

And yet, when they do start to talk, Dave walks all over them like he's deaf. Mostly with Jade. Rachael on the other hand, does it right back at him but she can get away with it.

[@juliedewyer1366]

​@@lenetteshaw4833 She says daughter I'm pretty sure she's used to it and has learned how to be heard in that family.

[@juliedewyer1366]

​@@lenetteshaw4833 He talks over everyone especially the callers. If they keep talking he just hits the mute button to shut them up. If you notice he will keep saying "and so" while he is trying to think of what he wants to say next in order to keep control of the conversation so nobody else can talk.

[@IndomericaLife]

@@juliedewyer1366its his show 😂 people call him to HEAR his advice or experience in financial issues.

[@reneespring834]

He needs to mute callers, wrap up a call, keep things moving. The show is entertainment and long disorganized callers rambling on doesn’t work. I like him hosting better than all others just because he has the best flow. We are not tuning in to listen to Becky from Alabama ramble on about nonsense, I want him to get to the root of the issue and deal with it in the Baby steps framework

[@michikoiesaka3365]

I’m a boomer and I cry every time I have to pay the irs my taxes knowing that the money is being wasted by the crooked politicians

[@Patriot-x8y]

And because you listen to dave ramsey, you will,never understand the,ponzi scheme that is the Federal reserve bank. Gold is money paper is currency. Watch creature from Jekyll island, stop listening to this professional crook, buy some silver, stop buying shit you dont need. They can print our taxes.......get it yet. ?

[@brookelondon8029]

And I hate it when my local government brags about getting a grant or funding or money for a study. It's all from my tax money and they act as though it's "free money" because it's from the government.

[@funguy1086]

Dave's advice about keeping control of large sums of money for your children in the future is VERY GOOD advice. When I was 21 I was addicted to opiates. At 18 I was hooked on cocaine. I would have blown all that money if it was in my name. I have learned my lessons and do very well now at age 37, but at age 18-21 i was a mess.

[@BeeDee-qs9so]

Congratulations on your new life, @funguy1086. That’s really awesome.

[@carynbecker2752]

Helicopter moms failed their children horribly

[@mandypdx]

Congratulations for turning your life around ❤️ Yes, especially with tax free gifts. I got a large sum of money when i was 22. I was working full time, going to graduate school and bought a house… everyone is different. It’s good to have options :)

[@mmp495]

Congratulations on turning a new leaf. A lot of people don’t understand how difficult it is to get sober and even harder to stay that way. Many blessings to you and your journey forward…you are a warrior. ❤

[@brookelondon8029]

Congratulations on turning your life around. Very difficult and I think everybody reading this is very proud of you.

[@denisemchaney4080]

My husband just suggested pricing a goat to mow the 5 acres.

[@Trustbutverify2651]

🤣I think there's even a business called "Rent a Goat!" When we were in Norway we saw so many grass-topped roofs. I was dumb enough to ask how they cut the grass on the roofs. The guide looked at me like I was clueless and said, "Goats, of course!" They literally put a goat up on the roof and when all was "moved," got him down!

[@h_man3488]

My family legitimately did this because daddy didn't want to mow, worked great for us

[@anthonyyoung6433]

5 acres needs 2 or 3 goats.

[@pamsmith1665]

Tell your husband goats are more particular than most people think. After they eat awhile they will lay in the sun and chew their cud. And poop.

[@denisemchaney4080]

@@anthonyyoung6433 good to know!

[@LiveFreeAndBeHappy]

Rachel Cruz Please run for a congressional or senate seat! You are exactly the kind of woman our country (definitely your state) desperately needs!

[@elvialoves]

I'm a liberal. And I forgive you for your bash on liberal folk😅. Be nice 😂. I was raised by liberal parents who absolutely said no credit debt! Cash only! Generous, loving, giving, God loving folk. Yes , we do exist!!❤

[@Nigriff]

What makes you a "Liberal"?

[@dbdb4962]

Please stop voting for Brandon.

[@amireallythatgrumpy6508]

@@dbdb4962 You should have finished after your third word. Voting is asinine.

[@mmp495]

All parties could learn from each other…good lord these comments.

[@Blueridge1]

Strong stable community and teeny tiny government is best for the people

[@lovehusky02]

I have xeriscaped yard. No mowing and low water bills. Not only saves me money, but also good for the environment.

[@mmp495]

Same here living in AZ. It’s gorgeous. ☀️🌵

[@ChristineDeAngelo-mx6od]

Thank you so much Dave & Rachel for doing what you all doing. My husband and I would love to meet you someday and we scream to “We’re debt free!!” God bless you!

[@BlueBoxGirl1837]

Dave,what you said is exactly how I feel about both of those generations. My daughter (Millennial) and I (Gen X) always have these conversations.

[@sidneysfamily8760]

What a great Dad Dave is!

[@ScottEbruh]

Im living like no one else, so later I can live and give like no one else.

[@reginaldphillips7615]

I’m a liberal but I like you guys. No hard feelings

[@richq1318]

Same here lol.

[@republicunited2183]

Vote America 1st. Save America from social communists. : )

[@dennis.teevee]

🤣😂

[@Nigriff]

Classical, Modern, or Neoliberal?

[@andrewstout777]

That just means you vote wrong, Dave still loves you 😂

[@BeeDee-qs9so]

Super job, Katie, with that $80,613! No excuses left for anyone! 🎉

[@lenetteshaw4833]

Why is it that almost every time the host asks " What is your household income?", the caller can't just answer the question? It's a number with a dollar sign people, if the host wants unnecessary details, they will ask for it.

[@CC-ll5fe]

The answer is if they can afford what they asking about. The income is important the common answer is act your wage.

[@LittleMopeHead]

How much you take home every month? "One day at band camp..."

[@melaniemcgee4164]

Hahaha, I thought the same thing, like you weren't prepared for that question or don't know! lol

[@DeezyDesoto96]

Cuz they don’t wanna admit they make enough lol or don’t dispose income with their spouses I would assume. But then again assuming doesn’t help anything lol

[@ghostriley1855]

You read my mind 😂

[@normantheforeman9866]

You can get a great John Deere mower for a couple thousand, that will last years, it’ll be older, but it’ll work

[@kw3113]

At 1:30 my parents did the same thing. Bought a condo for mom’s mom and went a third a third and a third. So grandma could be safe and secure into her end years. Then grandma wanted to sell and move. Let’s just say chaos reigned and moms siblings (who didn’t want to be financially involved in helping grandma) then helped grandma write my mom and her issue out of the will for disobedience. Yeah this situation for the woman will not end well.

[@nathaliebasile6168]

I like that Rachel stands up for her ideas 💡 Dave is so smart and yes like anybody on the planet, his smarts will show even more if confronted here and there. The discussion about ROT ? and 401 K was discussed as if we all know what we are taking about ! There should be some baby steps about sharing those money saving strategies. Thank You 🙏

[@brookelondon8029]

Theyhave some videos/tutorials online about all the terms they use. They decided to do that last year because new listeners weren't familiar with the terms.

[@jostorz8475]

He’s not being dramatic, he’s right, don’t give kids control of your assets especially your home.

[@soapfan2700]

Even if the kids are responsible, you’ve also got to consider who they might marry.

[@anab.3909]

Rachel is so sweet, she tells Mr. Ramsey "you don't have to be so dramatic" but he's sooooooooo right, you can destroy your kids life by handing them lump sums of money prematurely. I've seen it and I was with someone who's life was literally destroyed 20 years ago with a lump sum of money his dad left before passing away. At 18 my ex received the money and he consumed all the drugs you can think of, bought a Lexus and crashed it, HE WAS NUTS, he did nothing productive with the money, he started drug addiction, he "invested" his money trying to bring drug from Mexico and he went to jail. His life was never the same after all that. There's a time for everything and it's not about being a legal adult it's about being mature and build the skill on how to handle money properly and that takes time and training.

[@itsallperfectlynormal9805]

Agree! Saw something very similar. Not to mention there needs to be time for grieving without that windfall being doled out.

[@nathanrainey7209]

43:00. When she said “financing for house flipping” lol. Do you know who you’re calling??

[@bettedavis9261]

That was my first thought.😂😂

[@fjr8329]

This one was helpful for me! Thanks

[@debbieschultz106]

I love it when I see the most beautiful sports car I've ever seen or a experience BMW and watch them pull up into a old trailer where they live.

[@feliciamartinez2915]

He's not being dramatic- it's very true. Happens all the time

[@NaturalWifeyandMamaBear]

Gotta take care of the widows and orphans, amen 🙏!! Called to. God bless y’all for always doing so ❤

[@BlueBoxGirl1837]

The Debt Free screams make me so emotional every time 🎉🎉🎉

[@eileenwatt8283]

I love how Rachel is a balance view on the show

[@ashleym.9682]

A zero turn is probably $5000 for one that isn't going to break down in the first year. They want $200 to cut an acre and a half every time here. It doesn't take long to eat up $2,000.

[@dajamesthompson]

"You won't hear any of that on TikTok" but they post on TikTok...

[@monicadhenderson8670]

It's total weakness if you need a therapist because of your taxes!!!! It's a blessing to pay taxes it means you have money 💰 🤑 💸

[@Trustbutverify2651]

The Gen Zers who are so stressed about taxes that they have to see a therapist are going to be even more stressed when they add the therapists' bills to their student loans. Having a therapist seems to be on the "necessary" list of expenses for lots of people now. Talking to the mirror is just about as effective and a lot cheaper. There's something about saying what you are thinking OUT LOUD that clarifies your thoughts more than just silently thinking about it in your brain.

[@ben_riley2]

I agree with you on saying it out loud. There are some thoughts I’ve said out loud to myself and it sounded so ridiculous that it cured itself 😂

[@msparr01]

Most of gen Z has been sheltered from "stress". Filing taxes is stressful for everyone. Stress is part of being a responsible adult. As an adult, you learn to deal with it.

[@annanelsen8006]

i love the father daughter dynamic between dave and rachel lol

[@cb33637]

The call from Tara… 😂😂😂😂 I’m dead. 💀 “Oh use cash?? Okay” hahahaha

[@theclothingcottage]

I've worked for Costco for over five years. As a supervisor, the caller's husband would be making around $30 per hour and time and a half on Sundays. Because he's a 17 yr employee he was also getting bonuses twice a year. Matches and a discretionary contribution to his 401k. In addition to that Costco would insure each of his three children and wife at a little less than $50 EA for medical dental and vision. Most of the time when an employee returns they are given their previous income and benefits status. They do lose seniority but that's not as important for his situation. I'm thinking she is way off saying that his current job is comparable.

[@jammer777]

Hi, we happened to listen to this episode and realized it was our daughter who called (Kayla). You are right. His Costco job was a very good situation for him and his family. He cashed in his 401k and moved his family 2000 miles away to TX. Now the money is gone and he has put them in this predicament due to some of his very unwise decisions. His wife and kids (our daughter and grandkids) are suffering because of it.

[@theclothingcottage]

@@jammer777 Oh my, I'm sorry. Hopefully they will start moving in a better direction after she called in for help.

[@jammer777]

@@theclothingcottage Thanks, yes they have some very tough decisions to make and it will be hard. We are praying for them. he is desperately trying to get his COSTCO job back. The thing that is so difficult is he put our daughter and our grandkids in this position. all we can do is pray for them and give advice when asked.

[@Michelle-yq3vd]

In 2024,don't set new year financial goals without consulting a financial adviser.there expertise ensure a solid plan for success.Building wealth involves developing good habits like regular putting money away in intervals for solid investments.

[@juliusmcdowell4107]

Thanks for the advice! I'm new to financial planning and wasn't sure where to start.Any tips on finding a reliable financial adviser or resource to guide beginners?

[@derickgarrett7025]

How can I participate in this?I sincerely aspire to establish a secure financial future and am eager to participate.who is the driving force behind your success?.

[@frankhodges7637]

Marie Ann Treloar

[@frankhodges7637]

She has been my counselor and coach.

[@frankhodges7637]

Research her name on gogle and you will find the necessary information and also her web page to make a contact and schedule an appointment with her.

[@bettedavis9261]

1:22:37 Rachel giving examples of the "suck it up" mentality and the "tell me how you feel" mentality made me think of something I witnessed the other day at my son's Special Olympics soccer practice. There was a family of a Special Olympian there...mom, dad and younger siblings. It was almost time to go, and one of the sibs (looked about ten years old) started whining at his dad because he couldn't go get ice cream on the way home. This kid was literally in tears. The mom gently reminded him he "needed to be respectful to adults." All the whole, I wanted to tell him "this was the no whining zone." That, or asked him if he "wanted some cheese with that whine." I kept my mouth shut and went with my go to thought that the boy must be on the spectrum because of his out of character behavior for a ten year old. Or maybe it's now considered normal for a ten year old boy to have a mini meltdown over no ice cream.🤷🏼‍♀️

[@Treehandler]

I’m 34 and i threw a tantrum about ice cream like 3 days ago

[@pamsmith1665]

I would not have gently reminded him of anything.

[@bettedavis9261]

@@Treehandler 😂😂

[@bettedavis9261]

@@pamsmith1665 if he has been my son...well, if he has my son, he wouldn't have been whining and crying about not getting ice cream. BUT, when he was really young and had been around a couple of whiny sisters for a weekend (we were visiting friends), he tried whining when we got home. I shut it down right away.😂

[@pamsmith1665]

Go you!​@@bettedavis9261

[@BlueBoxGirl1837]

In my Dave voice…….. Katie, YOU’RE A ROCKSTAR 🎉🎉🎉

[@sofiaciro2525]

I feel like we all need Rachel children’s book… mostly the people that call the show with crazy scenarios about debts 😮‍💨😮‍💨😓😓😓

[@ChristineMaher-z3j]

Brilliant advise.

[@teafortwo9307]

The nurse who paid off her loans in a year. My husband is a med tech who works with nurses wbo make more than double, killing themselves to pay $700 a month in car payments gas and insurance... meanwhile we have older reliable cars that we paid cash for and sometimes do maintenance for ourselves. Some of the nurses have asked my husband for car advice (one wanted to buy a $65k 3rd car all the while being anxious about finances). I love the instacart idea.

[@miryamishot]

He's not being dramatic it happened to me I had to say no on money. A young child should not have money. So dangerous

[@dladdstrong]

The more you make your kids work for things, the more they will appreciate it. We don't need to be giving anything to our kids when we die. It might be better to give it to charity. If we give too much, it may make them soft. Let kids struggle and figure it out, it will behoove them greatly. My parents are worth more than 10 million dollars, and I haven't gotten or don't even want a dime. I can do it on my own. I don't need someone to wipe my financial butt.

[@morganmonzalvo4082]

@Rachel - Come to Seattle! (Renton, WA to be exact :))

[@JackAceINC]

Dave, everyone knows its Eclipse Spearmint.

[@williamehlers5158]

I love how Rachel tries so hard to avoid being political. 🤣

[@ThePolypam]

She's smart. No point alienating half the audience.

[@williamehlers5158]

@@ThePolypamYeah, except we all know she’s a republican, which is fine. Belonging to a different political party, shouldn’t make you feel alienated. It’s good to listen to people who believe differently than you do. Im so tired of everyone living in an echo chamber these days. I’m nowhere close to being a republican and I follow many republicans. I’ve never felt “alienated” from it.

[@ThePolypam]

@@williamehlers5158 Do we? We know her father is, which is not the same. Not sure what that has to do with your chagrin about the echo chamber effect; she's precisely trying not to get pigeonholed into that very thing.

[@kenwilliams3279]

Even if she has family members who vote wrong 😂

[@williamehlers5158]

@@ThePolypam Yes I do know, because like Dave said, she wouldn’t work there if she was liberal. Also, I have followed her for over a decade. I’ve seen books she’s recommended on her page that are clearly conservative. And I’ve also read her books, which also imply her political party. No, she doesn’t outright say it, but there such thing as context.

[@Trustbutverify2651]

Lara with the $10,000 IRS debt - husband is a pastor - taxes were figured incorrectly. Taxes for people in ministry are done COMPLETELY DIFFERENTLY than for non-ministerial people. You and your husband should be seeing a tax pro who specializes in taxes for ministers as you need to schedule your pay so that the maximum is going to housing rather than to non-housing. Housing is tax-free for ordained ministers and that bucket includes things you might not think of like pest control, etc. However, in some instances to meet IRS regulations the church budget has to divide the salary into two separate categories (housing and non-housing) and those categories have to be approved and voted on by the church. So, it's very important to not only take advantage of the opportunities to minimize taxes, but to do it with all of the boxes checked on how to do it so the IRS does not flag you. Housing "costs" are not necessarily what you are actually spending, but what the going rate is in your area for those costs. Ministry, for the most part, is a low-paying job unless the church is very large and generous, so it's important to maximize the other benefits that come with being a minister. You can file revised returns for several back years if a tax pro finds you have been over charged. You may be paying due to HOW your return was filled in. Dave was giving away free stuff today and I wish he had volunteered to have you checked out by one of his tax pros experienced in helping ministers.

[@C-ZARS_PALACE]

people in ministry should pay same as everyone else , fucking gross. If you believe in Santa should you get to evade taxes ? No, so what's the difference ?

[@bettedavis9261]

Thanks, once again, for sharing your expertise. I gain so much knowledge from you.❤

[@jasonleatherwood2172]

I bought a zd 1211 in 2018 for 16600 today they cost 21800

[@alanbishop217]

She thinks Dave is being dramatic by saying the kid could get into drugs but it can and it does happen. Rachel needs to realize that giving kids money without working for it or proving good character can be extremely dangerous.

[@dbdb4962]

Buy subject to, they call the loan due and it ain't your credit

[@nvc.]

Dave im sorry but you make it too easy to have success on construction. Having a construction company is one of the hardest things you can do in life, the market is crazy, the variables involved are crazy, the risk of the activity is crazy, nothing is clear. Working on rich people's houses is easier because you mark up everything by 100% and then you have the margins to show up, to be on budget and to work with pride, but that is not the reality of 99% of construction companies. We have slim margins, that makes us have to take on multiple jobs to make a bit more money, we exaust ourselves on hard work, the variables are way too unpredictable, jobs get delayed because we are dependent on a lot exterior subcontracts that don't show up on time, weather gets in the way and we're screwed etc etc.. Construction is the wild west, it's absolute caos and it shouldn't be.

[@MDog_FPV]

@43:30 ... I was like ... kinda wrong person to ask about flipping houses

[@Trustbutverify2651]

🤣🤣🤣

[@Nigriff]

Actually the Right person

[@terrigast910]

Obviously she’s never listened to the show 😂

[@drewbankert7794]

10 acres of grass, let a farmer make hay off of it for free for a year or two

[@nordensharal]

Loved Katie from Dallas, TX!

[@markmiller3145]

So glad I leaned from other financial minds that Dave's advice is only good for a small group of people. I would have had much less net worth if I had followed him the last 15-20 years.

[@republicunited2183]

I love it Dave. No crazy libs.

[@kylebailey8498]

She was embarrassed about him telling the world about the money she was handed

[@WritingFearlessly]

So excellent!

[@jasondima1411]

Dave is right about us millennials😂

[@adammiller2936]

I built for 225k and sold for 400k

[@MsValiG]

I want to vote for somebody that will Implement 15% tax across the board regardless of income. I'm tired to pay 30% while the super rich pay almost zero

[@republicunited2183]

The same people you vote for writes the law that gives them breaks. And big corps wealthy do pay taxes. Instead, let's vote for those that don't give our money away to illegals, foreign countries, and nonsense.

[@MONI-bj1ms]

​@@republicunited2183both parties have given themselves substantial raises.

[@joshhoward1289]

I wish they’d simplify taxes too but it won’t happen.. If you are just talking fed taxes, 15% would be an increase for most Americans. Our family income is $200k/yr and our effective fed tax rate is usually 12-13%. And the biggest hurdle, too many lobbyists to prevent real change from happening. Tax prep is big big business…~$35B annually.

[@darylmclain5181]

My manufacturer home has increased in value since I purchased it 4 year ago

[@NaturalWifeyandMamaBear]

The heroin rant 😂 it’s true Dave. I know someone who’s dad left the three kids equal amounts ($50k plus) and the son had and still has drug and alcohol problems and believe he’s out of money!!! Wake up parents!

[@Trustbutverify2651]

I think Rachel might be unaware of just how costly it is to pay someone to cut the grass. Our guy is very good, but cutting and edging 1/3 acre is $125 every two weeks ($250 a month) and we have the lawn cut between March and December.

[@6788tappleton]

My guy is 95 every 2 weeks for 2/3rds an acre

[@auburnanger6679]

Where I am, it's normal for someone who pays to get their lawn cut in the city and lawn care is 900 a month

[@KAinFL]

Does that plan work for getting money to nieces and nephews? or just kids??

[@brookelondon8029]

You might want to check with a tax specialist. You can "gift" family members and others every year up to a certain amount.

[@weldinggirl]

Not in Florida they don’t depreciate lol, they are more than a regular home some more than that, some have doubled and tripled, so Dave Ramsey I think you might be wrong about this one lol

[@flotaylor8170]

Rachel is 💯 a liberal! And I love her for it. She represents my group of people, progressive socially, but fiscally conservative. Dave is too secretly 😂

[@christelcrego7776]

I want to know how you do a monthly budget when you only get income once a month?

[@joshhoward1289]

In what way? That’s probably the easiest situation. You have but one input to budget against for the month.

[@crystaltaylor1633]

Hold aside money for weekly grocery and gas trips (average them) so you don’t have more month than money

[@ADRNSZN]

What are Dave’s actual political views? I’m interested

[@motoryzen]

As far as a one-word General answer, Republican

[@leahmullery7184]

@@motoryzen do you think Rachel is too?

[@CasandraNorth]

I think Rachel is liberal but she can’t say too much because Dave is a dictator and to publicly disagree with him could possible be her forfeiting her inheritance.

[@levenahargrave4887]

How could I start a retirement or investment account for kids that would grow interest over their lifetime instead of college/education accouts?

[@joshhoward1289]

You can start a UTMA that will transfer to the child by age 21. Any growth is taxed at their earning level not yours. Can’t do a retirement account unless they have earned income.

[@brookelondon8029]

It would be better to not put any of the money in the child's name in case of "misbehavior." Simply grow your wealth and you'll be able to "gift" money to the young adult. Talk to your tax advisor about that.

[@Ron-gc1of]

Regarding the flipping houses segment when Rachel talked about her husband doing it. I heard him say on one of her instagram post that he has a partner and it’s 50/50. I thought that was a Ramsey No/No. Dave always says the only ship that won’t sail is a partnership.

[@su-mu]

2:05:00 watched half way through

[@eileenwatt8283]

How about putting them through college then give them a car to get to work and the down payment on a house then leave them nothing in the will but set up a trust so their children and grand children will have college or technical school paid off. I am child free by choice but this is what I've done for my siblings children.

[@wildflowers8966]

🎉yay katie!

[@NaturalWifeyandMamaBear]

Yes 🙌 get rid of all 16 of the cats if have 16!! Haha. Right there with you Dave and Rachel 😂 there’s a reason most are allergic to. Me included. I’m not going to keep having itchy hives everyday, no thank you. I know multiple ppl who still keep their cats when allergic and get itchy. Gosh folks are something else ha.

[@roryiswilder]

Lots of talking over each other when Rachel is on😊

[@greenskies9047]

Ha ha ha. The liberal part. Lol

[@fittoseejane]

That was awesome. Along with Dave’s answer about the CBBC poll on taxes. Vote!!!! That is the solid truth and sweet Rachel laughed it off (probably afraid it would get too political) but seriously. Kids hear the rhetoric that ‘we should pay for all x and we should give everyone y’ and now they are growing to adults and realizing that all those government goodies have to be paid by someone. That’s the taxpayers! I’m not against having a safety net, but congress is out of control and doesn’t keep a budget. Young people need to know that who they vote for matters! Vote for people who will get the budget in control! Dave was completely right.

[@2023roadstervet]

Aye.. What about GEN X.. We Ruling the WORLD

[@Truth69322]

no you don't boomers still do, no one even remember's you all

[@elmeralvarado6754]

should i continue to dividend invest on robinhood or take it out and put into roth ira?

[@joshhoward1289]

Follow the baby steps. If debt free (and not saving for a house), do steps 4/5/6 simultaneously: save 15% towards retirement, save for kids education, put all other funds towards your mortgage. Personally, I’m not a fan of RH.

[@motoryzen]

6:48 to 6:58 he said 10 acres..Dave Not five...10 Wow I respect the idea of a good workout, dude no one in his or her right mind is going to buy a push mower to mow 10 acres of grass get real there is a such thing as practical time management here

[@pamsmith1665]

He said 10 acres but only was going to mow 5. Pay attention.

[@cherylsorensen7204]

Glenda wins the internet.

[@WendyW7508]

I just looked this up. 10 acres is like 8 football fields, or 435,600 square feet. So, he plans to mow and maintain 5 acres of that? So, 4 football fields? Wow. That's a freekin yard. I whine about my yard and it's like tiny. I'd say 40 feet by 20 feet. Lol

[@laetitiagallant7866]

I like it without a cohost

[@oscar18777]

Lord help Gen Z generation! These kids are so WEAK! My goodness!

[@IrishMexican]

Not that I side with liberals (I’m in between), but calling out liberals like that damn 🤦🏻‍♂️ that’s like half the country right there. Usually I’m guilty tripping liberals for “canceling” the conservatives. Damn conservatives sound like they’re doing it too now.

[@mirandawalker6600]

I'd say the majority listening are not liberal or if they are, they are here for Dave's Christian, conservative values on how to handle money.