I did my own quiet at-home debt free scream yesterday when I made my final student loan payment. I am debt free now for the first time in my entire adult life, thanks to Ramsey.
@BeeDee-qs9so9 ай бұрын
That’s great. We want to hear it!👌🥳
@sally04049 ай бұрын
Way to go! I paid off my student loan in November and it felt so good! I’m on target to be consumer debt free this May and I’m so excited. I have done mini debt free screams along the way from my living room lol. I can’t wait to do the big one once my house is paid off! I’ve paid off over $200k in 3.5 years 🎉
@Trustbutverify26519 ай бұрын
No - actually thanks to YOU having the discipline to do it. He just showed you a way.
@arfriedman45779 ай бұрын
Ma,El tov and congrats.
@mariannedressler67849 ай бұрын
Way to go!!!🎉
@JohnnyJPatt9 ай бұрын
38:00 I’m the truck driver who called in today! Decided to buy the house and pay for it in CASH first!
@BeeDee-qs9so9 ай бұрын
Great!
@seanbutler42519 ай бұрын
That good
@Eric-oj5sj9 ай бұрын
Congrats that's great. Put $500 in a Roth IRA per month as well and you'll have a half million tax free $$ in there at age 65 on top of whatever else you save in other accounts.
@TheKrangel9 ай бұрын
Now save up and cash flow the truck. A paid for house and an owner operator, the overwhelming amount of peace you’ll have…imagine. Take the jobs you want and not “have to”. Good position brother.
@thehardtruth30279 ай бұрын
You said you were making almost 80K but can save 50K per year. How is this possible unless you no expenses. Also....where are homes 100?
@LearnAsYouGo.9 ай бұрын
I’ve paid off $20,000 in debt in one year thanks to listening to Dave & getting serious about paying off my debt! Thank you Ramsey show!
@stasikkjv1279 ай бұрын
What
@ngauyoujin11639 ай бұрын
good for you!
@super12345678910119 ай бұрын
Congratulations!!
@indianaprepper28329 ай бұрын
Congratulations same here. I owed 21k on my mortgage and payed it off right before Christmas
@Jarvitalize9 ай бұрын
Keep going!
@lenak14389 ай бұрын
Ive been listening to Ramsey for about 4 months now. Iv paid off my car, student loan and one of my credit cards. I have 3 more credit cards to go but will have them all paid in full by end of March of this year. Im so excited im so close to finally being debt free. God is good. 🙏🏽
@LindseyHarvell-vc4ez8 ай бұрын
Congrats!!!
@lenak14388 ай бұрын
@@LindseyHarvell-vc4ez Thank you!!!
@itsjustme71698 ай бұрын
🎉 nice work.
@lauriemansfield9058 ай бұрын
Congratulations! You have been working so hard and now you are so close to being totally debt free! So proud!
@keiranninjaspirit8 ай бұрын
Congratulations from Scotland 🎉
@karenrowe74839 ай бұрын
I so love when it’s Rachel and Dave as I worked in finance with my beloved Dad until he passed away in 2021 and whilst seeing their relationship really highlights what I’ve lost, it also reminds me how lucky I was to spend 22 years working with my dad, we could disagree but never argue, laugh and we both loved every moment. I miss him more than I could express but love remembering what we had when I watch them together. ❤️😭
@aanadlf9 ай бұрын
I discovered the Ramsey show through KZbin shorts a little over a month ago. I am now in baby step 2!
@krystalramirez56915 ай бұрын
Congratulations! You got this!
@enjoywarmwinters9 ай бұрын
I have 24k left in debt and I’ll be paying it all off within 11 months. Don’t sleep on Dave’s plan! It works ❤
@ski10029 ай бұрын
Paid off £6000 in debt last year thanks to this show! I don’t agree with everything they promote but I think a conservative mindset and as little consumer debt as possible is the way to live!!
@DJ-mx2os9 ай бұрын
Baby steps work in the UK too 🤣 paid off £10k of debt in under a year now, 3 month emergency fund sorted too. 15% on ISA and pension. Now on steps 5,6
@sidneysfamily87607 ай бұрын
Love Rachel and Dave together. Best duo.
@brucesalta32719 ай бұрын
I usually only watch the show when Racheal is on. Her facial expressions say so much, and she just extrudes humanity. It makes me feel so good when she is on.
@annamineer25217 ай бұрын
Exudes.
@AllisonNicoleOrganics-ip4db9 ай бұрын
I paid off my mortgage & car! I’m completely debt free do to 2 Daves in my life my father & Dave Ramsey! 💓💕❤️🙏🏽🥳🎊🤓
@garyhaun9 ай бұрын
Dave & Rachel are the best host combo of all...!
@Iamearlbrown9 ай бұрын
I think Rachel and Ken is a tad better.
@Nigriff8 ай бұрын
Facts
@mariarooney62624 күн бұрын
I love listening to Dave. I’ve been listening to him for many, many years. Did things his way, worked so hard to get out of debt and have been for a long time. There is no amount of money that can give you freedom like being debt free. I couldn’t thank Dave enough for caring so much for human beings in wanting us to experience the freedom of being debt free. Thanks Dave. I still listen every day to stay on track.❤️
@JohanKlassen-rw3kq9 ай бұрын
I'm really touched how you listened and advised and encouraged that sweet 80 year old couple, to renew there cd
@brucesalta32719 ай бұрын
The woman Romina is quit a go getter. Her ambition is amazing especially risking her life during COVID with taking all her jobs. She is one of a kind. This is a women every guy needs to keep them focused.
@BeeDee-qs9so9 ай бұрын
That would be exhausting for Romina, though. She already has one husband.😉🥸
@BeeDee-qs9so9 ай бұрын
Romina and Armand and adorable little Shiloh - You’re fantastic. Way to go! 🎉🎉🎉I love these debt free screams!
@smrithisondur98739 ай бұрын
I love Rachel and her dads relationship
@carynbecker27529 ай бұрын
I love her nervous laugh when he goes off on a rant
@OopThereItIs777779 ай бұрын
@@carynbecker2752hahaha she’s like “ooooh here we go, get it dad”
@laurafratoni79316 ай бұрын
Dislike the Dave instead of Dad thing though. So weird!
@Joce1233 ай бұрын
At least what we see on this channel we don't know what goes on behind the scenes.
@su-mu9 ай бұрын
8:20 I love these father/daughter arguments/discussions (some may call them fights). Good job Dave and Rachel.
@kathleenphillips71459 ай бұрын
I’m love that Rachel provides her insights without insulting anyone. Dave, has a harsher approach but still provides valuable financial information.
@Nigriff8 ай бұрын
I love how Rachel laughs at Dave while still respecting him
@laurafratoni79316 ай бұрын
I cringe every time she calls him Dave and not Dad though.
@su-mu6 ай бұрын
@@laurafratoni7931 I guess it's ok in an office/work situation.
@plentystuffs3 ай бұрын
@@laurafratoni7931He is her boss at work but I am Nigerian and will get disowned if I try it with my pop
@NaturalWifeyandMamaBear9 ай бұрын
Love dad and daughter shows ❤❤
@unbothered63578 ай бұрын
Working on paying off $350k in both student loan and mortgage debt.
@timknin5 ай бұрын
I always love when Dave and Rachel are together! Dave goes out of the way to make his daughter laugh!!
@tamirpdx9 ай бұрын
Thanks for all the great videos you provide. I'll force my adult kids to watch it. I have 2% mortgage that I'm keeping and I enjoyed the discussion about the mental price it takes. Great guidance.
@carolannstevens58149 ай бұрын
Dave is so wise about the lazy husband and called it out! Love DAVE!
@Trustbutverify26519 ай бұрын
Dave only heard one side of the story. The wife may be very ambitious and the husband may be very content with a simpler lifestyle.
@auburnanger66798 ай бұрын
As long as it's acceptable for the money makers to be reversed. She said how good of a dad he is. If he enjoys the simple life that should be alright
@lindaparks44869 ай бұрын
Agree with Dave on tithing. I learned it from my Mom but didn't understand until I got older. Tithing should be like saving, 401k out of your check, paying bills. But Tithing adds to your blessings
@TheKopiGuyАй бұрын
Listening to Dave is like having a sensible tough Dad around. Like I lost my dad 20 years ago.
@marysaltlife142727 күн бұрын
Sorry for your long loss. I can see you miss your father. We always will. Parents are special people.
@millimobilehomes6099 ай бұрын
I’m so glad i found this show
@Gemini4Ever9 ай бұрын
I personally can't be with someone who doesn't have ambition! My ex was like that and it was annoying that I'm working hard to strive for better and he wanted to stay the same. He was comfortable and I was not. At the time, he was better with money than I was. He was very frugal and I was the spender. Fast forward 6 years, we had broken up and I have become very frugal mainly due to the pandemic that woke me up! When it started, the threat of me living in my car because I didn't have the funds to sustain myself while we were on shut down really started me on this path of paying off debt, saving an emergency fund, and investing for my retirement years. I am grateful that I went through that experience because it's setting off on a new path where I feel safe and secured about being smart about money.
@rena_vations5 ай бұрын
I thank Dave and crew for helping me be responsible with my money and decisions 🎉🎉🎉
@su-mu9 ай бұрын
19:11 The good thing is that Grandma is looking out to help her grandkids in need. She has done it before. You can't get another like it.
@bruhman17069 ай бұрын
Loved the cute young couple from CA doing their debt free scream!
@OopThereItIs777779 ай бұрын
Okay so we were in BS2 and I left work. My husband made around 140 but what I made gave us so much wiggle room. He got a job where he worked 1 day a week and made about 5k a month doing it. He didn’t make me feel bad once and I still am home 4 years later You need a supportive partner, someone willing to put in when you need time to step back.
@arfriedman45779 ай бұрын
Today is jan 15, 2024. Funny this came on my home page. My birthday was Jan. 10. Ive heard Dave Ramsey you tube videos for a while now. Very good advice. Many blessings.
@kristinehennix18188 ай бұрын
The lady who was a lawyer and wanted to stay home with her children, she could work 1 year yet and just use her money to pay on the student loan only and get that paid off in total. That way you pay off the debt and experience just living on your husband’s income. That would help see if the one income home works for you and your family.
@Raising_Arrowsx59 ай бұрын
We have three paid off vehicles and built our house with no morgage. You walk a little different when you know noone can take it from you!
@Nigriff8 ай бұрын
The Federal Government can. Stay armed
@annamineer25217 ай бұрын
@Nigriff yep. And they would love to have us all in tiny rentals in high rises that they own where they can control us all. "1984" is almost here. Parts of it already are. Newspeak, rewriting history as they go, and canceling those who don't "follow the rules" is already happening.
@DesertMoonАй бұрын
Congrats!! BUT you do have to keep paying HoA and property taxes as you can lose the house that way. Sorry but people should understand that.
@stuarthudson42879 ай бұрын
To Vincent-we have a high net worth and only owed about $70k on our house when all of our holding were frozen when they arrested Allen Stanford. Other than this, we had no other debt but had one child in college and one in med school with tuition coming due soon. We only had access to what was in our checking account and had no idea how much we would lose or how long we could not access our investments. We were paying aggressively on our mortgage so what we owed was “chump change” but I sure would have had a lot less fear if we had pais it all off when we did have the cash to do so. Paying it off was the 1st thing we did when they released our accounts.
@tmusa20029 ай бұрын
Being a bread-winner mom, I feel that anxiety the attorney feels. It’s a lot to carry on your shoulders.
@Freshprankstv19 ай бұрын
Yeah plus it’s the male/female dynamic. Guys don’t care how much the woman makes but switch it and it changes every thing.
@tmusa20029 ай бұрын
@@Freshprankstv1 Depends on the person. I’ve always made more than my husband and we’ve been married 23 years. We don’t talk about it and I know it doesn’t bother him. It wouldn’t have worked if it did because my goal is to be self-sufficient and independent. His goal is the same. He works harder than me, no doubt. He’s self-employed.
@Freshprankstv19 ай бұрын
@@tmusa2002 true. On average it just won’t work.
@gracecase9989 ай бұрын
Me too. Loads of pressure. Take it day by day. I agree with Dave no damaging. Find a nice compromise maybe working part-time. I did it and my kids are fine and doing great.
@tmusa20029 ай бұрын
@@Freshprankstv1 Stats say that of US married husband/wife couples, the wife earns more 30% of the time.
@GreyRock1009 ай бұрын
This is the Ramsey Show Where debt is fun Cash is bling And the $714 car payment has taken the place of a place to live.
@dearestdarling94679 ай бұрын
😂😂😂 remix!
@arh12349 ай бұрын
I don't think we listened to the same show😂
@AnnLouiseHalbisen9 ай бұрын
Make sure GIFT is written on the check or electronic transfer🙏
@Dave8720108 ай бұрын
How do you recommend someone consistently give without tithing? I’m not a church goer but I do believe in generosity. I’m very sporadic with it right now and would like to figure out something more consistent.
@alycat91866 ай бұрын
Pick a percentage of your income or dollar amount per month you want to give and then either give that entire amount to a cause you are passionate about or break it down into categories (for example 1/3 to charity, 1/3 to someone in need, 1/3 to nice acts for loved ones). I like to take people out to lunch so that’s one thing I like to do. You could donate to the humane society if you are a pet lover. Just put it in your budget and then figure out how you want to allocate that. Also, even if you don’t go to church if you know someone who does you could donate to their church bc they do use those funds to help people in need and do good in the community.
@jhrielly9 ай бұрын
My two favorites!
@mrheyz9 ай бұрын
Rachel looks very nice in the mint green 😊.
@viktoriavak41179 ай бұрын
Thank you for this show! ❤
@tmusa20029 ай бұрын
If that lady was ONLY concerned about what happens to them financially if she dies or cannot work someday… insurance fixes that. Theres much more to this.
@colleengarcia77529 ай бұрын
The roles are reversed and it becomes fine. She happens to have the better skills to be the main bread winner.
@tmusa20029 ай бұрын
@@colleengarcia7752 Oh, I’m sure there are men out there who want their wives to maximize their earning too. The world isn’t full of men trying to relive the 1950s. I’m okay with that. Marriage is a partnership where roles need to be determined and agreed upon.
@sarahlockridge78799 ай бұрын
A nightmare avoidance instructor😂😂😂
@amy22849 ай бұрын
I have so much respect for Dave. Just wanted to bring in Malachi - God does talk about blessing and being protected financially by God when we tithe too. Malachi 3:8-12 “In tithes and offerings. 9 You are under a curse-your whole nation-because you are robbing me. 10 Bring the whole tithe into the storehouse, that there may be food in my house. Test me in this,” says the Lord Almighty, “and see if I will not throw open the floodgates of heaven and pour out so much blessing that there will not be room enough to store it. 11 I will prevent pests from devouring your crops, and the vines in your fields will not drop their fruit before it is ripe,” says the Lord Almighty. 12 “Then all the nations will call you blessed, for yours will be a delightful land,” says the Lord Almighty.
@lindahughes92079 ай бұрын
If a person can't afford to Tithe, you can always donate your time, give away things you don't need, clean out your pantry donate some food etc, it doesn't have to be just $$!
@annamineer25217 ай бұрын
That's right! There were times when all I had to offer was service and God accepts that.
@andreamacleod11279 ай бұрын
26:26 She could start working because her dad had a company. She could open a ROTH because her parents knew about it and helped her. Time and knowledge are the biggest hurdles for people. Not everyone has the time to gain said knowledge.
@striperkid9 ай бұрын
You nailed it, time and knowledge are the biggest obstacles.
@arh12349 ай бұрын
I mean, the American Red Cross used to certify babysitters at age 10. Paid work can start pretty early.
@miut79955 ай бұрын
Right, it’s a privilege to have parents that own their own business and are knowledgeable about American financial system.
@pakey92679 ай бұрын
You are too good to be true ❤❤❤
@GwenMotoGirl6 ай бұрын
If Bethany’s situation was reversed, few would question the income difference. Get setup with life insurance and every other financial plan, accept him for who he is, and enjoy your life together. Or let him go to be himself.
@Nigriff8 ай бұрын
I love Rachel's laugh
@su-mu9 ай бұрын
37:47 Yes, the mortgage debt is a big burden most of us carry, everyday.
@carynbecker27529 ай бұрын
It's the American dream! Congratulations on homeownership!
@Trustbutverify26519 ай бұрын
But it will provide more financial stability than almost any other investment. There is nothing quite like having a paid-for house. My husband and I have lived at all kinds of income levels and now that our kids are grown and we have been retired for several years, we realize how little we can live on if we have to since we have no debts and a paid-for home that we have kept in good repair.
@WritingFearlessly6 ай бұрын
I love Rachel’s daughter giggle in the background 😂
@kay221009 ай бұрын
Regarding the 30k gift. She can do what she wants with her money. We’d keep it on the low ! She may like this grandchild more lol 🤷🏽♀️
@nancygreenseich98779 ай бұрын
Great music!!
@laurafratoni79316 ай бұрын
I agree! I used the Shazam app to figure out what they are. The intro one is my FAV!
@rhondaadams40139 ай бұрын
Very good show!
@nailatiylluf9 ай бұрын
Rachel is easily my favorite host but the response to that second question is infuriating. Literally last week she and Ken got a call from a man saying his kids are grown and he wants his 50 year old stay at home wife to work and Rachel said “if you can afford to live on your salary she deserves to not work”. So basically the same scenario except when it’s a man (who is actually working) she says he’s lazy but when it’s a woman she deserves to not work ?
@sweetbabysuncle32279 ай бұрын
Men and women are different. Women shouldn't have to work, men should.
@flashthecorgi20539 ай бұрын
I’m not sure if I missed it but I did NOT hear Rachel say he’s lazy. I know she said he’s not hearing you but from what I heard Dave was the one that said you’re married to a “lovely lazy man.” And for the record Dave and Rachel have differing opinions sometimes. Please let me know if I’m wrong and she did say that though!
@alqoshgirl9 ай бұрын
Hmmm maybe because men and women are different and women do A LOT of unpaid work at home that men simply don’t do at the same level. What a pathetic comment. Also that 50 year old woman homeschooled all her kids. She did not have to work because her husband is selfish POS. You know what real men do! They want to provide for their wife and kids without complaining
@Trustbutverify26519 ай бұрын
@@sweetbabysuncle3227 And why is that? And, by the way, women also work - I think you're talking about being employed outside the home. All women need to be able to take care of themselves with education and skills. No one knows what nasty curves life can throw at a family, especially in these uncertain and changing times. Death will not be a financial issue if there is life insurance in place, but divorce and disability (as well as other medical bills) can leave a family devastated if the wife cannot also take care of herself and her children.
@BeeDee-qs9so9 ай бұрын
@@flashthecorgi2053 Rachel didn’t say it- Dave did….and to me, he was just kind of being facetious. Blunt.
@su-mu9 ай бұрын
21:36 Personal finance is 80% behavior.
@ruthfisher23109 ай бұрын
Awesome debt free scream!!!
@annamineer25217 ай бұрын
I don't understand how anyone can just spend and spend and have $100k in credit card debt. I get anxious just thinking about paying interest on one. I use one for the perks, but it is paid in full every month. Not going there. Not ever...
@pakey92679 ай бұрын
Very very smart ❤❤❤
@Carter_Moody9 ай бұрын
52:53 Ramsey talks about setting aside student loan payment in HYSA to pay off the debt in anticipation of forgiveness
@willelkins8225Ай бұрын
Romans 10:9-10 "That if you confess with your mouth, "Jesus is Lord," and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you confess and are saved.
@Trustbutverify26519 ай бұрын
Nicole - there are a good deal of jobs for attorneys that are less stressful for attorneys - choose those. The issue for you may be what your practice demands and expects - you may well need to do something on your own for a while rather than be part of a high-pressure practice. Real estate and focusing on estate planning are two areas that are less stressful and will certainly be in demand in the next decades as boomers downsize and also re-visit their estate plans.
@arsonshop54849 ай бұрын
Experienced the same as a Creative Director. Fast paced ad agency culture and pressure was not for me!! TONS of other options in any field. AND I get to work towards things I love w people I enjoy now. Make the change!!
@laurabitnerchoi8739 ай бұрын
As a real estate lawyer for over 30 years I can tell you that you are sadly mistaken. Real estate law is extremely stressful with short deadlines and clients with unrealistic expectations. This area has a great deal of responsibility and is an area of practice with the highest rate of claims against lawyers by clients.
@Trustbutverify26519 ай бұрын
@@laurabitnerchoi873 I did not say it was not stressful and I did not say there were not short deadlines. But you are speaking about mortgage and other property buying and selling real estate law. There are other areas of real estate such as writing Deeds of Gifts of property parcels, writing up easements, etc. that are not as time sensitive. I should have been more clear that I was not talking about property sales. She was looking for something that she could do more part-time and could perhaps work on the less stressful aspects part-time for another attorney just to not drop out entirely while she has young children. There are also many templates now available that have all the elements for leases, etc. Admittedly property sales are very stressful!
@Trustbutverify26519 ай бұрын
Bethany - maybe this is a wife who wants a more expensive lifestyle than the husband does. What would people think if this situation were reversed and the husband was earning $180,000 and the wife earned $30,000 and didn't have any interest in earning more? Would that be o.k.? Maybe a high-earning husband would be fearful that if something happened to him that the family would lose everything, too. What else is he doing to support everything the family is doing - housework, raising the kids, etc? Another case in which we need to hear both sides.
@BeeDee-qs9so9 ай бұрын
I really don’t like these calls because it’s not as if the husband was making $100,000 or 200,000 when she met him. Fifteen years and suddenly she’s annoyed that he’s not ambitious? Whatever happened to Contentment? Maybe he’s the kind of guy who is perfectly at peace with where he is in his life! It’s really not fair to put this on him. And I agree - what if the roles were reversed and it was the wife who was making a smaller salary while the husband was busting it - That’s more what we’re used to hearing about.
@oregoncoastmama30049 ай бұрын
I was thinking the same thing.
@peggygregory73069 ай бұрын
I was thinking the same thing. Their advice is to have enough life insurance or disability to cover the loss of the high income earners salary. Put that in place and love your husband well, even if he only chooses to earn $30,000. Lots and couples are in the same situation just with reverse genders.
@anderson410able9 ай бұрын
Dave, yes there are HRSA grants that offer student loan pay off assistance for 2-3 year of service. This grant is for RN’s, medical doctors, licensed clinical social workers. You have to be employed by a HRSA funded job site. If a person is eligible, they deposit the money upfront and you pay off your student loans.
@anderson410able9 ай бұрын
If you don’t believe me. Look it up. You’re welcome in advance, for the people who need this resource.
@mandypdx8 ай бұрын
First caller… I worked sooo much harder making $30k than i do now making $150k..
@raeesg8 ай бұрын
This short does not appear to be linked to the correct full video.
@izzysanchez42429 ай бұрын
Dave at 13 minutes: he has arrive….toxic masculinity “I hear you don’t respect your lazy husband” Great job Dave I owe you my future Thank you
@TrinhNguyen-lw4me7 ай бұрын
should I have insurance on the balance and also insurance of the payment of my mortgage? they are total $130 per month
@Joce1233 ай бұрын
You don't have to have all or nothing.. If you live in a modest neighborhood in a northern climate, you do not have to wait until you retire to have enough money to move down South. You can move to an equally modest neighborhood down in a warmer temperature...
@madhuvamsimachavarapu52679 ай бұрын
Rachel cuts Dave a lot 😂😅.
@su-mu9 ай бұрын
55:35 Just registered for tomorrow's live stream.
@su-mu9 ай бұрын
52:35 36% of all Americans have 0 in savings. 19% have less than 1000 in savings.
@TheOriginalMrB9 ай бұрын
Too bad Dave’s face wasn’t in the shot when Rachael started saying debt is a tool.. 😂 (before she walked it back)
@Eric-oj5sj9 ай бұрын
freudian slip lol
@brucefredrickson96779 ай бұрын
Debt can be a tool if it's a mortgage.
@RhondaHoward-gc5up9 ай бұрын
More than $250k is not insured. She does not want to lose her dollars. Part of those dollars need to go to a cd at another institution
@colleengarcia77529 ай бұрын
That $30,000 gift will be taxed as income. It is a gift. Accept it. Quit worrying about everyone else and how they might respond. You didn’t ask for the gift. She wants to bless you. Don’t steal her joy. She is lovely and generous. Let her enjoy that.
@arh12349 ай бұрын
I don't think the recipient has to pay taxes. Neither does grandma (gift tax) if she files form 709 with her taxes. Form 709 is I think why Dave said everyone would find out when grandma dies.
@brookelondon80296 ай бұрын
I agree, and when you think about it, she has every right to do what she wants with her money but let me tell you families break up for good when someone passes and it turns out that some got gifts, some didn't...
@CoachEgg8 ай бұрын
I’m 5k into 115kof debt in 2 weeks. Supposed to be done in a year
@keiranninjaspirit8 ай бұрын
Its mainly emotion that drives poor money choices,relationships would be after that dave
@maryshellsmith66275 ай бұрын
Not everyone was born into families or environments that even talk about this stuff. They have no true education or knowledge about what to do. Even me, I’m an old gen-exer, and we didn’t have the world at our fingertips when we were growing up, and my family didn’t teach me anything at all. I didn’t even have parents. I did the best I could- went to college in my 20’s, but not for a sensible degree. I got a late start investing. I just didn’t know until I knew. The generation today, as long as they’re aware of what they should do, can do it. But there is a section of the population that doesn’t stand a chance, or never stood a chance. But it doesn’t mean they’re stupid.
@CPMom839 ай бұрын
I’m sorry but that woman with a $530 mortgage asking if she should go buy a less expensive house or rent because her house is too big…. Just Google what your rent would be or what your new mortgage would be if you moved… Unless you rent a room from someone and/or have roommates, you are going to be paying AT LEAST double anywhere else. At least! You need to make a budget and sell your new car (im assuming).
@candyland40219 ай бұрын
You know what they say when you assume?
@myoldvhstapes9 ай бұрын
Rearrange the letters in "assuming" to get "sum gains." @@candyland4021
@babycomo7 ай бұрын
If it was any other rant, Dave would have jumped on the example where the 15 year old had a Roth IRA at 10 and now she'll be a millionaire at 30 because she started working in her dad's business. If that doesn't REEK of privilege and tax fraud I don't know what does. Terrible example. What a shame.
@ChrisV3434 ай бұрын
You obviously don’t understand Roths. Read and study before you comment.
@vintastic96759 ай бұрын
Can the Canadians connect for advice?
@zuzanaaa9 ай бұрын
I’m pretty sure
@vintastic96759 ай бұрын
@@zuzanaaa Thank you!
@arh12349 ай бұрын
They've taken calls from Canada in the past!
@NoyPi6step7 ай бұрын
No hippie names LOL 😂
@brookelondon80296 ай бұрын
I remember when Frank Zappa named his child moon unit and later it didn't seem unusual. But at the time we thought he was out of his mind!
@tmusa20029 ай бұрын
My FIL will offer to pay for something but we see him announcing it behind people’s back, virtue signaling, and he’s KING of control when he’s given or loaned money. At my house, NO THANK YOU. Nice to know he’s there if there’s ever an emergency, but otherwise, nowhere near worth it.
@reginaldpulliam52907 ай бұрын
It’s obvious this man walks with God to the best of his knowledge and ability. Always gives sound Biblical advice. On the tithe comment…Malachi 3:8-12 states that blessings and curses are connected to tithe because it belongs to God. To not give is considered robbery of God. And, no….God does not need our money, but the Biblical principal is that we give 1/10 of our income because it does not belong to us. That Scripture also mentions that robbery occurs by withholding tithes AND offerings. So generosity, the free will offering component (a principle outlined in the building of the earthly sanctuary in Exodus 36), is in addition to tithe.
@marysaltlife142727 күн бұрын
I love your Snoopy/Woodstock icon. Thank you for the further tithe in scripture. I needed to hear that. GOD bless you.
@betzy13ed8 ай бұрын
I'm screaming today...I'm free of @35k student loan DEBT.....🎉🎉🎉🎉🎉🎉🎉😂😂😂😂
@marysaltlife142727 күн бұрын
Well done! Hope you've enjoyed NOT making the payment anymore.
@brucefredrickson96779 ай бұрын
Chase from Mobile, AL: How did you come up with a salary of $150-200k salary? Here in Wisconsin, the top salary is about $50 hourly...that's well below your numbers. I am a from welder although never an inspector. You are citing physician salary.
@arh12349 ай бұрын
There may be some geographic arbitrage. If a particular trade is understaffed, income rises quickly
@stevenjustice1059 ай бұрын
I would 100% borrow 30 million at 2%... you can put in a savings and/or CD that are FDIC insured at 4 to 5%. I know a bank that did that in iowa that made a millions of cash on a 2 % spread like that.
@Trustbutverify26519 ай бұрын
What works out for banks does not always work out for individual people.
@thebestthingthatneverhappe67299 ай бұрын
as long as you have the restraint not to spend it it's a brilliant plan... until u get careless and want to spend lol
@candecarro9 ай бұрын
Rachel is trying to get Dave to stop trashing Democrats. Cute. Thank you, Rachel! You are so much more diplomatic than you’re dad.
@lcam92419 ай бұрын
🤦🏾♀️
@MancheCourte9 ай бұрын
As an immigrant I can easily say Democrats are worst. No hope for the future.
@su-mu9 ай бұрын
15:00 Going back to that whole life insurance thing, do you have an article or some literature on it?
@lyndahammel95029 ай бұрын
Google it. Suzee Orman does like whole life insurance either. Term is less expensive for a larger benefit if the person insured dies. Take the difference in premium and invest in a good mutual fund. Or save it for a house or college or to pay off debt, etc.
@brookelondon80296 ай бұрын
I don't remember the title of the series, but they have done tutorials, I guess you could call them, on a variety of subjects and there was one on why whole life is so lousy. Basically, you pay a very high price every month, the first two years they keep all that money and you don't have any benefits from it if anything were to happen. The only pay you a very small percentage of interest and they keep the rest. For example we're earning about 10 to 12% annually on our mutual funds and so are the whole life people but they're only going to give you 2% of it. And there are fees involved over the years so you spend money on that and when you pass, you may get back what you put in but he has said that if you had invested that amount in good mutual funds you'd end up with an enormous amount of money more.
@pratapsinhthakur52239 ай бұрын
Hi I am from Nottingham. My wife has 10k in current account we thinking of investing isa stock. Is that right thing to do ?
@Greebodeux9 ай бұрын
Depends. Do you have any debt? Have you got an emergency fund?
@pratapsinhthakur52239 ай бұрын
@@Greebodeux no she hasn’t got any debt
@stevecrane81029 ай бұрын
Dave recommends Mutual Funds, and talking with a Smart Investor Pro
@brookelondon80296 ай бұрын
Single stocks are a risk. If you invest in mutual funds, you're spreading your investment over maybe 200 different companies. Dave is basically a billionaire and he has never bought single stocks. Just the four types of mutual funds that he recommends. However, he does say that if you have millions of dollars, investing 10% of it into risky investments like single stocks is OK because you could afford to lose it. A friend had a half million in her company stock and lost it in two days when the company went bankrupt.
@pratapsinhthakur52236 ай бұрын
@@brookelondon8029 What types of matual funds we look into.
@auburnanger66798 ай бұрын
I wonder if their advice would change if it were the man making a complaint about their wife's income.. Bethany's call
@donnamoore44948 ай бұрын
Vincent why do you want to pay the banks any more than you have too. That 300000 paid off gives you more to save and invest
@TopVillain9 ай бұрын
Why are men behind in incomes. Multiple callers on this show was about the wife making 3x what the husband makes. A NP making 180k while the husband makes 30k a year a husband making 40k when the wife is getting ready to make 115k a year this is shameful
@arh12349 ай бұрын
It does suggest that the relationships are built on mutual respect, not just traditional roles🤷
@TopVillain9 ай бұрын
@@arh1234 the mutual respect is gone that’s why they were calling.
@brookelondon80296 ай бұрын
He hasn't earned more than 30,000 for 15 years. Many people don't have the money talk before marriage. Many don't realize you should. If I were her, I would get disability insurance on myself.
@claz7307Ай бұрын
You know liberals are not evil… Some of us are Christians who just believe that people should be able to live their lives freely and safely without fear and judgement.
@adriennesavenue9 ай бұрын
For a term policy, do you get more than the face value? I thought you only got the face value for either life policy if you died…
@tmusa20029 ай бұрын
Yes, and term is MUCH cheaper.
@striperkid9 ай бұрын
Some of these callers surprise me with very low incomes like the lady with the $500 a month mortgage and earns $40k a year. She should easily be able to find a job that pays $60k a year. She doesn't have a house problem, she has an income problem.
@aroncarvajal7080Ай бұрын
I wonder if SOME of this principles would work in Mexico?
@barbaradann14468 ай бұрын
tithing doesn't have to be to a church right.? a charity for people or animals or environment?
@brookelondon80296 ай бұрын
The word tithing comes from the Bible and so that's the context he uses it in. But he doesn't say that you must. He just wants you to be debt-free so that you can be generous. I have a certain amount of money per month that I like to give away or donate. I can't always walk my cart back to the cart corral So I let the one who retrieves the carts know that I will be leaving my car next to the car and I give them a dollar. They're happy and I'm happy.
@rhondab79379 ай бұрын
Whole should not be used as an investment. If you sign up for a properly structured dividend paying policy with a mutual company use it as another place to hold your money that's safe