We're Paying Off Our House Tomorrow, What Now?

[@maryannmoore3480]

Every family has that one person who will break the family financial struggle I hope you become the one 😊

[@stephaniea.mitchell8034]

Best thing that happened to me last year that I can attest to is the progress I have made so far on trade. Venturing into crypto was my best decision ever I know more is yet to come 2024

[@stephaniea.mitchell8034]

I've been making passive income monthly from crypto for over a year but I prefer trading with the help of Mentor or guide because it saves me time and reduces the risk of loosing.

[@GarshcaMendy]

​@@stephaniea.mitchell8034.Big pumps to you what a step you took, please any recommendations from you!! Need to start somewhere.

[@stephaniea.mitchell8034]

She's active on face book

[@stephaniea.mitchell8034]

Derek Mia Scott

[@kingfeagley4306]

So thankful. Bought my house at 19 and now im 25 and just paid off my mortgage last month with zero help from anyone.

[@thegentlemandrummer8753]

Amazing! What do you do for a living/how much do you make if I may ask?

[@xfhnhhgjbvcfg]

I bought and paid off my house in 16 months!! Started with absolutely nothing and within 2 years had everything. Using Dave Ramsey program,

[@CPTZK11]

What do u do ?

[@dinofalcone6645]

Now the investing starts for early retirement

[@kingfeagley4306]

@@dinofalcone6645 exactly!

[@lauragreen4899]

We are mid 60s. Mortgage free, no credit card debt, no car payments, what a great feeling!

[@Stegs]

im in my late 30s and 100% debt free. No mortgage, no car payments, no credit cards, no debt at all. Im in a place alot of people my age only can dream about. But like Dave said in the video, you must be intentional !

[@golfshapedjoelskull9492]

Am I the only one who gets excited and starts clapping around the house when we listen to stories like this? This motivates me! Well done

[@dr.bradshaw]

I seriously doubt you do that but ok

[@JERRRY26]

@@dr.bradshaw don’t be a hater

[@blessedlover3666]

I literally was clapping too lol

[@dr.bradshaw]

@@JERRRY26 not hating just saying I seriously doubt it.

[@DaGamerDad]

That profile pic tho. 😆

[@dynamicphotography_]

My wife and I are in our 40s and paid off our home early this weekend. What an incredible feeling. It's worth $650,000. EDIT: Here is some clarification, due to some concerns in the comments. I built the home in 2005 . Loan was for $240,000.

[@jamesmccormick4391]

You and your wife are awesome. Congratulations Hope to be like you someday

[@donaldlyons17]

As far as I can tell I am just glad he comes from a duel income household. I can't imagine if each of them individually had to come up with 650K!!!!

[@beaulieuc8910]

This is great, So much pressure off

[@ToOpen6seven]

WOW congratulations!!!!

[@DamianBadalamenti]

Congratulations

[@j2l284]

Paid off our house back in April. Sent the wire transfer for the remaining balance on my 36th birthday. Feels really good. I find myself sometimes just reminding myself that “hey, this thing is paid off”. 😄

[@nicksantillano8553]

Congratulations!

[@511Stallion]

Congratulations that is awesome

[@gsdogs3417]

You are so young. That's crazy, I'm real jealous.

[@mmc9828]

Awesome!

[@rickchandler2570]

Just paid mine off last month. It's odd because I didn't expect it to feel any different really but now I take a little more pride in how things look and upkeep of things. I'm not "renting" it from the bank anymore...

[@shreddermtbjbbaby5154]

Paid off our 140,000 mortgage 23 yrs early.The freedom we feel now is "priceless!" Thank you Dave!

[@SM-nn7dd]

congrats!!! im so excited for that feeling

[@gvanys]

8 months to go before we get our house paid off. I cant wait, I think about it every month. This will be a great accomplishment at 36 years old.

[@geckster109]

16 months for us. But im a bit older (46).

[@Iburn247]

I'm 37 and buying a house in Texas outright. Just sold our house in Massachusetts for 350k. I paid 215 4 years ago. I owe 178k and Texas has houses with land for cheap. Remodel the house I want and get some horses. Hoping within 6 months I'm there. I can't wait

[@MiamiJato]

2 yrs for me..........

[@Andrian-ch3on]

Just finished paying off my home and now I'm ready to dive into investing. I've got $350k ready to go and want to make sure I do this right for some solid passive income. Any advice from the community?

[@JacksonMiley-iq7mo]

Congrats on paying off your home! That's a great amount to start with. I’d suggest looking into index funds and ETFs to diversify your portfolio. They’re less risky and a good way to get steady returns.

[@BarbaraRichstone]

Absolutely! Diversification is key. Also, it might be helpful to get some professional advice. I’ve read about some financial advisors who are particularly good with newbies in the stock market.

[@donnaDi-p9r]

I’m in the same boat as @Andrian and could use some guidance. What’s the best way to start investing as a beginner? Any tips on finding a reliable advisor?

[@BarbaraRichstone]

@@donnaDi-p9r Kristin Amy Rose

[@BarbaraRichstone]

Might be worth Looking into for a great start

[@sdm1568]

This is awesome! I’m on my debt free journey, paid off $26k of my $40k student loan, and then $80k left on a mortgage, sometimes I get overwhelmed thinking about it but then I hear stories like this and get really motivated for the next 6 years!

[@scotttracy9333]

$26k paid off of $40k is awesome. Im clapping for you right now. That'll be paid off in a heart beat and you can move onto your mortgage. Keep going don't get disheartened!!

[@jimroscovius]

You can finish - you're doing great!!

[@jb111082]

Keep grinding away! We're all cheering you on, and we got your back!

[@Imhere12345]

Update? Hope you still doing it!

[@beaulieuc8910]

i paid off my mortgage this month. Went to charity shops for clothes, don't have many friends to waste money on, don;t have expensive kids and pets, have cheap holidays but I invest in cheap hobbies like crafts so I don;t go out shopping all the time. Tips: Never have kids or dogs and horses. Never waste money on drug. Overpay the mortgage

[@briannasescape3165]

I too in the paid off club, and have never heard anyone say "I hate that I paid my mortgage off early."

[@dans3718]

@@wordsalad01 Amen!

[@geckster109]

16 months away!

[@James-vj5hz]

I'm leaning toward paying cash for my first place. I can always borrow against the home if it really bothers me (It wont).

[@James-vj5hz]

@john Smith I have liquid non-retirement investments that could cover a home purchase. I'm 25 fyi

[@johnramirez1097]

@@James-vj5hz California price or Midwest price ?

[@japolo6388]

That freedom is something worth fighting for! I’m 32, my wife is 31 and we’re about to be 100% debt free, including our house in the next 2 months 🙌🏼 Thankful to the Ramsey team for all their wisdom

[@thomasorchard]

Did you do it?

[@japolo6388]

@@thomasorchard sure did!

[@thomasorchard]

@@japolo6388 Congrats! I have $31,500 left on my mortgage. I plan on having it paid off by the end of 2023.

[@japolo6388]

@@thomasorchard keep getting after it!! First thing I did was walk barefoot on my grass.. haha.. it all feels different. Well worth it.

[@thomasorchard]

@@japolo6388 28,400 now 🙂

[@vitorsantos4091]

Best thing in my life was to come across this wisdom 5 years ago, Thanks Dave and thanks to a complete stranger in the airport of Boston that mentioned you in a random conversation about life over some beers while waiting for our flight! Watching you in the last 5 years has become an addiction, a good one I might had. Got the house paid at 39 and laugh at the math geniuses that keep defending to stay in debt for longer to "win on the spread". Next target is to achieve USD 1M net worth...almost there, planning to be there when I am around 46. If only I have met this man ten years earlier!

[@scappel]

I played the spread and got there by 35.

[@jillwilliams7554]

@@scappelPlease explain this. I’m listening.

[@thetruth5635]

Dave says the greatest thing about money invest it, enjoy it and be generous with it ❤️

[@0mllnahellcat310]

Exactly and thanks for your support I will also advice you get into crpto trading with the aid of my trader Christopher on WhatsApp and make good profit...

[@0mllnahellcat310]

I 3I2_7O2_O24O

[@BE2001]

We paid off our house 1 week ago. We paid a 30 year mortgage (yeah, yeah I know. Got the mortgage before I started listening to Dave.) off in just under 9 years. It took a lot of self control the last month or two to not raid my emergency fund and pay it off sooner. I didn't want Murphy showing up so we waited. My wife and I are in our mid 40s. Looking forward to saving for early retirement and traveling more.

[@harrisonjamie794]

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

[@DavidAntony-gq7id]

As you plan your retirement, be sure to talk with a financial advisor who can help you make the most of your retirement investing scheme.

[@harrisonjamie794]

@@DavidAntony-gq7id Very true, If you're looking for help building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.

[@DavidAntony-gq7id]

@@harrisonjamie794 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.

[@harrisonjamie794]

@@DavidAntony-gq7id lookup KRISTIN GAIL CUNNINGHAM , this is her name online, she's the real investment prodigy since the crash and has helped me recover my loses

[@DavidAntony-gq7id]

@@harrisonjamie794 Thank you so much! Found her webpage and left a message. Hopefully, she responds.

[@jsr44444]

I paid off my mortgage on my £250.000 home 3 days and it feels amazing. 10 years earlier than expected too so now I can concentrate building up my pension which I’m far behind on as I’m 54. Thanks for your inspirational video and it’s great to be part of the mortgage free clang!

[@dummgelauft]

Where did you find a home for 250,000 quid?

[@coniccinoc]

Pay off your debt, live below your means, save, invest and continue listening to Dave Ramsey. When broke people tell you this system doesn't work, consider the source.

[@0mllnahellcat310]

Exactly and thanks for your comment I will also advice you get into crpto trading with the aid of my trader Chris on WhatsApp and make good profit..

[@0mllnahellcat310]

I 3I2_7O2_O24O

[@beaulieuc8910]

agreed and don't have things that always increase debit like kids and dogs and horses

[@coniccinoc]

@@beaulieuc8910 lol! Being around people and pets you love is expensive but also a blessing worthy of being cherished : )

[@HunteroftheNorth]

We paid off our house Dec 2020. We bought it 9 years ago for 314K and now its worth almost 550k, not that I like this insane market we live in right now.

[@michaelvan6675]

Bought mine 2 years ago for $345k and Zillow says is now $520k.

[@Big-Government-Is-The-Problem]

a lot of people are selling their big expensive house and buying an RV or much cheaper smaller home to live in for a few years and waiting for the crash so they can rebuy a nice big home for half the price they are now. interest rates will eventually go up which means housing prices will go down. i live in my forever home though, so the price is irrelevant to me, ive got a garden/orchard ive been working on for 20 years and thats something that cant be replaced.

[@mr5timewcwchamp]

@@Big-Government-Is-The-Problem Well, wouldn’t count on housing prices dropping yet. Rates are up, not expecting cuts and prices are still remaining if not going up slightly.

[@JA-zh5xi]

It was a great feeling making that last payment on our house - 13 years early.

[@0mllnahellcat310]

That's great and thanks for your comment. I will also advise you get into crpto trading with the aid of my trader Chris on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2-7O2_O24O

[@beaulieuc8910]

yes, it is briliant

[@ethanshy280]

33 with a paid off condo as of 3 months ago and it’s incredible. Putting 25% into my 401k(22% plus a 3% match), 25% of take home into my brokerage and living life. It’s super relieving beyond making money from the spread of the stock market. No car debt(paid cash for a model 3 performance recently), no credit cards, no student loans. Life is a breeze now. $300k net worth on $45k salary.

[@rajeshbhusal]

Wow. Great to hear!

[@znogaragego3421]

Awesome. If you’re not already, max out Roth first before any brokerage.

[@logdon17]

A $45k salary? Man you are blessed, most people making that salary usually have no assets or live pay check to pay check. You are in a great spot.

[@ethanshy280]

@@logdon17 yeah, I have been blessed in a lot of things. Bought a condo in Nashville for $118k that should have been around $160k in late 2017. It’s worth about $190k now and where I am living. 24/7 doorperson and a beautiful building. Low HOA too. Rented it out starting late 2021 for 2 years and it cash flowed a lot. Bought another place late 2021 and sold it shortly before that comment and made $50k profit after realtors tax free. Paid off condo 1 and moved back in. I also made money hand over fist during investing during COVID since I was only laid off for a month. Last month when I did my net worth it was up to $335k, but it’s definitely dropped a bit this month due to the stock market taking a hit lol. I also got a nice raise recently, so I’m at $50-55k depending on OT. But yeah, I have been super blessed and made mostly good decisions.

[@crd9551]

A lot of my friends ragged on me for paying off my house before covid happened while interest rates were low instead of investing. They're now struggling with 7-9% interest rates along with higher inflation with groceries and catching up after their work gaps during covid. They've had to pull a lot of their retirement funds. Something about a paid off house is so comforting and empowering, and that money that's just freed up every month feels better vs. having to potentially pull money out of retirement and be taxed on it. My friends haven't ragged on me in a few years for obvious reasons. Im happy when i hear people like this have a paid off house cause i know the peace of mind that comes with it.

[@ourtube4266]

If you already had the loan before COVID when interest rates were low and they got stuck with high rates later, it’s more about getting lucky with the housing market and has nothing to do with paying off that mortgage. In fact, if you secured a 2-3% mortgage then that’s the absolute best loan to keep for its duration and focus on investing. Don’t get me wrong, I’m happy for you, but I think you just got very lucky by locking in a great rate. Unless, you had a variable rate mortgage, in that case you absolutely crushed it and you probably did the best thing for your finances.

[@Gas_man]

Those people will refinance in a bit and get a lower rate. Big whoop. And the rates now are still lower than what the market has returned since its inception. Much better off investing than paying off your house early.

[@GEN47-27]

so good knowing that if any of those investments go wrong you still have a roof over your head that cant be taken from you

[@1972fordify]

Took me a year to decide on whether to pay the house off or hang onto the cash. I paid it off last month and I have absolutely zero regrets 🎉 it’s very liberating to be debt free! No car payments either 😊

[@tranger4579]

It definitely is. I know exactly how you felt. I had the what if something happens factor that kept me from paying off my home. I just jumped in one day and paid it off. No regrets I made my money back quickly.

[@re8746]

We paid the house off last year. It’s all about being debt free.

[@mra95662]

cash is a depreciating asset

[@t206kid]

My parents just paid off their home this year. Very proud of them.

[@djscra89]

We just sold an investment property and paid everything off. Time for coast F.I.R.E. What a feeling not owing anything to anybody! Thanks Dave!

[@scbane]

Dave only put the batteries in the flahlight of hard work. You guys actually did the work and sacrificing. Thank yourselves!

[@floryder8385]

Congrats on F.I.R.E.! With the market as it is now my wife and I are thinking about doing this as well. Our investment property has literally increased about $120k in the past 3 years. With the profit from selling we would be able to pay off our home and then some. Everything else is paid off. We are thinking of adding a second story in the next 5-7 years so not sure if this is the way to go. Thoughts?

[@re8746]

Wife and I paid our house last year. I’m 53 she is 50. We are now putting a $1000 away per month in our 401k. Life is good. It’s about being out of debt and living below your means.

[@jml9550]

I paid off my home 1 months after turning 50, before thanksgiving 2022. Loving life. 😊

[@jill9606]

Congrats!! Paid for house at 38/40! Amazing.

[@marcusarelius]

With $7,000 - $9,000 in disposable income per month. That's insane!

[@jill9606]

@@marcusarelius yep and I’m not knocking him for that! It may have been easier for him to pay it off, but he was disciplined enough to put the money on his debt and not blow it. So much respect for him!

[@Big-Government-Is-The-Problem]

thats not hard to do when making nearly $400k a year lol. at that income someone could pay off a $200k house in less than a year. im not downplaying their achievement, its obviously amazing what they've done.

[@jimroscovius]

@@Big-Government-Is-The-Problem They could have squandered it, but they didn't. That's why they won!!

[@scoutwilson6762]

They only have 350k in savings/investments ?

[@rjjohnson6507]

11/21 I sold my 2800sft home and purchased a smaller house CASH!! Great feeling before 50!

[@Vinnie16920]

Just paid house off last month - great feeling debt freedom

[@sccdean]

Looking forward to the day before I get to pay my mortgage off!

[@0mllnahellcat310]

That will be nice and thanks for your comment I will also advice you get into crpto trading with the aid of my trader Christopher on WhatsApp and make good profit...

[@0mllnahellcat310]

I 3I2 7O2_O24O

[@galupproperties3098]

I paid off my first house this may when I turned 28. Looking to get a duplex next.

[@sadieesther9721]

I wish they would do a generosity theme hour. All the really cool and unique things people have given or done for other people

[@brianmcg321]

They do that every thanksgiving

[@jonathanlee3810]

Hi Dave. A shout out from Australia. Thank you so much for these videos. The low levels of financial literacy across the western world sadden me and I respect & applaud your efforts to help people. Keep up the good work.

[@MarkWassink-e4s]

We paid cash for our 81 farm at 35 and 33. I love the feeling where your biggest bill each month is your property taxes. We built an off-grid Air BNB cabin which pays the taxes, heat, power, and internet. Dave's teachings have truly changed our family tree. We are so thankful for him providing us with the tools to become debt free.

[@Josh-ii1eq]

I've been crunching the steps since I was 27 (33 now)...will be paying off our mortgage this year and buying another property cash to rent out....I kinda wish Dave spoke more about real estate investing and how to buy good deal etc like he has done

[@lindawalsh2732]

Whoooohooo! Paying off my house in two weeks! Started my debt snowball payoff in June 2020 and in my late 50s. Its doable if you are intentional. Been throwing every penny at all my debt and paid it off Now Paying off my mortgage in two weeks! Looking forward to having more money than we know what to do with.

[@jsr44444]

I hope you’re enjoying your mortgage free life!

[@greg6909]

Thanks to Dave my wife and I were finally able to get on the same page. About 2 years after we did FPU we've paid off our house. Stress level has gone down, freedome has gone up. I had been involved in a separate personal finance learning group prior to starting Dave's program that's why it only took 2 years.*

[@jimroscovius]

Awesome!! Dave's stuff works!!

[@KiloIndia]

I can’t wait to have a mortgage to pay off

[@deemiller5024]

Rooting for you :-)

[@TopVillain]

The bills don’t stop baby

[@TheMopar97]

@@TopVillain yea but they go down by half without a mortgage

[@TopVillain]

@@TheMopar97 yes but there’s no such thing as debt free you will always owe at least 6-7 people money

[@TheMopar97]

@@TopVillain yes there is. Debt vs paying for service is different. Yes, you'll always owe property tax, but you dont HAVE to have electricity services, you can have solar, you can have your own well water, you can commute without a vehicle... you can literally live a life while owning a home without owning anything besides property tax and insurance... I dont know where you got 6-7 people in "Debt" ?

[@tippytoe1250]

My husband and I are very close to paying off our house also. In the next few years. It’s so exciting.

[@0mllnahellcat310]

That's good and thanks for your comment I will also advice you get into crpto with the aid of my trader Christopher Stephens on WhatsApp and make good profit

[@0mllnahellcat310]

I 3I2_7O2-O24O

[@mlovespring7892]

Are they dr and lawyer? 38 and 40 and they're already reached their millions already. Way to go!

[@logdon17]

Certainly not millions, approaching a 1 million net worth yes. The people I know in their early 40s that are doctor/lawyer/financial couples usually have net worths of $2-4 million.

[@thecuriouslender724]

I dig those three buckets of where money goes - it allows you to feel good and know your setting yourself up!

[@getinthespace7715]

Nice! My wife and I are about 2 years behind these folks. Moving out of state for my wife's work and to be closer to her family, debt free this year. We are buying property and building a house with cash. We should be net worth millionaire's when I get the house finished.

[@doubledragon2074]

Some people are truly blessed in life and have earned what they deserve. This guy is one of them!

[@thomascarter2218]

I think he needs to start delivering pizzas

[@DM-zw3dj]

Two pizza delivery jobs!

[@jeffreyabbey9592]

🤣

[@jimroscovius]

He doesn't need to do that now.

[@jimroscovius]

@@caribbeanbound8357 Meaningless jokes are stupid. He's doing great.

[@lucienpayne9552]

A 9 second drag car.

[@snoer8]

How inspiring! Im jumping on this train ! Thx everyone

[@armandoweckmann5699]

Congratulations 🎉😊 I paid off my home in 2020 as well 😅. Im a single home owner earning slightly over 6-figure income, and a career promotion is approaching that should increase my income about 25%. I enjoy what I do as well 😊. 🎉

[@oldfordman68]

Remember to set aside $400+/- a month to pay the taxes and insurance. Then for a month or two just relax because you did it then take the money and start funding your retirement and other things

[@marcusarelius]

@john Smith Ours is $210 / month. $300K home

[@geckster109]

@john Smith Mine is $3100 taxes, $1100 ins on a $245K home. So $350/mo

[@WearetheSwirl]

@john Smith homestead?

[@jsr44444]

0 percent taxes in 🇬🇧 once the mortgage is paid.

[@luckybreak360]

So blessed i bought my house at 10 and paid off at 12. No help from anyone! 🙏

[@filippjovanov6196]

I‘m from vienna, austria. (ICU nurse) Bought an apartment (30m2) last year for 150000. Got an 1.25% loan for 30 years. I dont think I‘m gonna pay it off early. In my case its probably better to begin to invest (ETF, Index fonds) than to pay off my loan and start from zero again.

[@tracydewitt6616]

A friend gave me the Total Money Money Makeover in 2007 while I was still in College. I graduated in 2009, paid off my $25k of student loans in 9 months. From there I invested in real estate and now my passive income is more than my 6 figure job with a net worth over $4 million. I don’t have personal debt, but do leverage the real estate due to the low interest rates. Anyone can do this stuff. It really is simple.

[@aaronsmithcpa9316]

this is really cool. great job

[@marysaltlife1427]

Good for you, Tracy! Fantastic achievement being young. I envy your future. GOD bless.

[@TheonlyBacelona10]

Dave always speaks to the rich in such a nice way

[@xmirame]

Cause they’re not being ridiculously dumb. He doesn’t need to scold them for making bad choices.

[@janstolk486]

Ritch people are not the enemy , you know . It's non productive people that are sometimes up to no good . Especially politicians , lol !

[@user24897]

Dave is a very very wise man! Man of God!

[@lenaheart8103]

Cannot wait for this to be us one day soon 🙏🏽🎊

[@michaelmichiel1555]

Great add to the show! Digging this more then the other content; I’ve already listened to that for years

[@0mllnahellcat310]

Okay that's great and thanks for your comment I will also advice you get into crpto trading with the aid of my trader Christopher on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2_7O2-024O

[@isaachunt5799]

made our last house payment july 2017. since then we have been rolling in cash. saving about 4k usd a month. 6 years untill retirement for us

[@Canada-life-nature]

I’m watching years later congratulations 👏🏼 👏🏼 and I wish I could do this one day 😊

[@bobtailsquid]

You will, 2 years ago my mortgage felt like an endless abyss that I could just throw $1000s into.

[@Brady-zf6tu]

I just paid my mortgage off in 7 years. Like a weight off the shoulders to not have to owe anyone anything!

[@travispogue8937]

This couple has done great without any advice .... just keep doing what you're doing

[@mariazamudio3140]

Hello everyone and anyone who is watching. I will be paying off my mortgage in about 2 months. Our home needs a lot of work. We need to replace the roof the electrical and the plumbing because we were busy putting our children through college and basically focused on that getting them through college and did not do any major upgrades to the house because we couldn’t afford it. Now that we’re going to be paying off their house we are debating if we should pull money from the equity or take out a loan to do all the things that we need to do to the home or turn around and try to sell it and move to a home that doesn’t require a lot of work.

[@resourcefulqueen]

Good question. I suggest asking real estate agent to suggest an asking price, then subtract expenses. Take that number and go look at open house to see what you can buy within your budget. Also get estimated cost to fix up your current house. Congratulations in getting your kids set up with an education. Now it is up to them to set up their lives. Have they takes Financial Peace University? This information will help.

[@dianek7264]

1. Generosity 2. Investing 3. Fun ❤❤❤🙌

[@0mllnahellcat310]

Exactly and thanks for your comment I will also advice you get into crpto trading with the aid of my trader Christopher on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2_7O2-O24O

[@BunkMasterFlex77]

Now he can upgrade to rice and beans AND all the tap water his heart desires.

[@ericshang7744]

You mean he now should enjoy fried rice instead steamed ones.

[@danngoral1043]

I laughed pretty hard at this

[@pahjammer9173]

In under 6 months I am going to evict the bank from my house to the curb!

[@user-wherethereisway65]

I am glad I came across Dave show….,,I am not debt. free but. We are. Working toward this. Goal.

[@SM-nn7dd]

Congrats!! So excited to pay off our house! About 1-2 years away

[@Tracye-g9k]

My husband and I will make our last mortgage payment December 2023! So so so very excited

[@addylynn7941]

Next month!! 🎉🎉🎉

[@NoName-jm4ev]

We paid our house off few years ago and i have more regrets than satisfaction. I feel no different and i have no more money saved than i had before paying the hosue off. We had 1.9% interest rate on the mortgage and could of had 1.6%. Now we have a paid off house with dead equity. One would assume you would be saving the equivalent of mortgage every month and thats not the truth. I wish i 100% mortgaged the house at 1.6% and reinvested that money.

[@Veronica-tk9rl]

id like to hear input on whether you believe you should pay off a house first when the mortgage is 650k... with no stock market investing... in my area 650k is low for a house... its now worth 900k. i cant really move to a cheaper house.

[@Itallnew]

Good idea to google his “baby steps” and follow his plan

[@jhondoe1483]

“You can’t move to a cheaper house” you’re lying to yourself.

[@monicadhenderson8670]

Congratulations 🎊🎉🎈 🏡 paying off house!!!

[@letsbefreeletsbefree7183]

Yeah im so glad i cashed my house at 25 it was 6 years of working overtime and being frugal but now so worth never had a mortage and never will!

[@0mllnahellcat310]

Okay that's good and thanks for your comment I will also advice you get into crpto with the aid of my trader Christopher on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2_7O2_O24O

[@shadypines9929]

Cool. What's your job?

[@letsbefreeletsbefree7183]

@@shadypines9929 accountant in sweden :)

[@bethanyboothe4817]

Way to go! Amazing income!

[@0mllnahellcat310]

Exactly and I will also advice you get into crpto trading with the aid of my trader Christopher Stephens on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2-7O2-024O

[@sasablink]

Finally no Ramsey personalities as guests 😍

[@0mllnahellcat310]

Smiles thanks for your support I will also advice you get into crpto with the aid of my trader Chris on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2_7O2-024O

[@cbmikey]

Sheesh. In our mid to late 30's our household income was about 10% of these people. What do they do? Is one a lawyer and one a physician?

[@weswest8666]

Idk what the caller does but IT and nurse combined income is pretty common, 300k household bachelors degrees only…

[@nsbioy]

Possible. Or two doctors. Or one doctor and a stay home spouse.

[@jhondoe1483]

I’m a cop and my wife does wedding cakes, our combined income is in the ballpark of 350 in our late 20s.

[@Ilovedachshunddogs]

I’ve got one more year to go till I pay off my home! We purchased it two years ago and we were hoping to pay it off in twenty years till we decided to do travel nursing

[@bobtailsquid]

Im 25 & currently owe $6,999 on mortgage should be paidoff within 3 months. House worth 165k-185k

[@bobtailsquid]

Did it

[@re8746]

Good move ! Nice job.

[@sophialeblanc]

Paid our house off this week! 34 and 41!

[@mikepiper6077]

Debt free, early retired due to oil company downsizing. Allready had paid off house at 40. Adopted kids. So good so far. Then divorce at 45 . Texas law the ex wife got the paid off house and kids we adopted even as I was mr mom. Man discrimination my humble opinion. Perhaps I should of claimed I was trans and Texas would have fallen alk over themselves to grant me custody. Lol. Wife had a job she loved a career I helped her pay for I thought If anything happened to me I wanted her to be able to get a job she liked or I had insurance, savings etc. So she would not need to work . Silly me. Continuing she did get free house in divorce winnings and 2 grand she thought as future child support. After all her mother told her if she divotced she would get this much.....She Lost paid off house by getting home equity loans to buy 3 new cars. Lost job. Kicked out son we adopted. Court this time no child support to be paid by either party. I went back to work for another 18 years at various jobs I could find .i.always loved work and started a working as a child on a dairy farm at 10 years old. Boring sitting around anyway. Now 65 after lost last part time employment at 58. So either unemployed or retired. Social security income zero . May wait to 70. IRA income zero, waiting on this as well. Have a small house. Paid off and 33 year old adopted son still in house. He Works and may go back to school. In the mean time I am Living off savings in a vanguard balanced fund that actually did do better than sp 500 fund and some growth too. Son pays a portion of utilities as he should. Be careful who you merry. This one choice can't be wrong. Otherwise suffer consequences.

[@geckster109]

Something just aint adding up here. Calls in to say he is paying off his $325k house, and then claims he will have an extra $7500-$9000/month now. I'm no math major, but how is the monthly mortgage on a $325k house $7500-$9000/month?

[@aggieag138]

He paid extra every month to get it paid off.

[@geckster109]

@@aggieag138 No, he sold a boat and a car and added cash from savings to pay it off.

[@christopherenge4934]

I took it to mean that was what he's been throwing at the mortgage, including that beyond the monthly payment. He's going from throwing everything extra at the debt to not throwing anything at the debt. Now that's all free cash flow.

[@geckster109]

@@christopherenge4934 Still makes no sense, unless he just bought the home a couple years ago. It would take less than 4 years to pay off a $325k mortgage @ $9000/month. And he clearly says they sold their boat and a vehicle AND added some cash from savings to pay off the home. So again, unless they bought that house last year, this guy has NOT been throwing $9000 a month at it!

[@EmpressoftheLibrary]

I think he meant that $7500-$9000 is now their total disposable income after paying for their basic needs, not that that was the amount of the mortgage payment.

[@robedmund9948]

Congrats! Now start investing in YOU!! Welcome to the world of self-banking!

[@camerongamble9428]

Is anyone else thinking the numbers don’t add up? $360k household income, supposedly no debt, but only 7500-8000 in disposable income every month? I mean before taxes that income is $30,000k a month, after taxes I feel like he should have way more… maybe closer to 15-18k disposables (after investments)

[@HappyPenguin75034]

I think he added an extra zero

[@srishtijoshi5980]

There are people I know in 40s buying home worth more than million in Canada (as that is the only price range in GTA), With the current interest rate or even if it goes down a bit, it would be a dream to have a paid off mortgage.

[@appleztooranges]

Paid house off in 6 years (30 year mortgage). Feels good

[@itguru2037]

All these people think that being debt free means happiness. It doesn’t. Now most will find themselves lost without a purpose in life.

[@MillionaireMindsetClub]

You have way too many options once you pay off your house!

[@geckster109]

Depends on your mortgage and income really. If you're earning $240k per year but have a $1500/month mortgage, nothing too drastic changes on the payoff to be honest.

[@spiritualinfluencer3747]

Did Dave say 20 seconds omg! the best 20 seconds ever!

[@Basicguy1798]

What's the mood/opinion for etf stocks where you don't actively track the stocks but the fund does...

[@benb7727]

I’m 38. Baby step two. Womp womp womp

[@actuallyterry]

I'm 39 and on baby step 2 as well. Dont compare yourself to others. Just get yourself out of your mess. You will get there.

[@ericapedroza7067]

Baby step maybe the longest step but dont get discouraged keep at it!

[@midkort]

Just keep going. Don't compare. You can do this!

[@quest4knowledge768]

Ben B who cares your on the steps that's what matters. There will always be people worse off and better off which direction are you going. We only get older. Would you rather be on step 2 at 50? You can do it don't stop.

[@deepthinkerpoet]

We are all on our own time line. Don't worry! 😇

[@KDTheInvestorAgent]

Everybody has overlooked the fact that this man bought 50 million dollars worth of real estate in 2008. He's probably worth almost 500 million dollars right now. Especially since he owns in the nashville market....stay woke.

[@yourhomeisyourbusiness2221]

Good for Dave! Envy is drinking poison hoping someone else will die.

[@KDTheInvestorAgent]

@@yourhomeisyourbusiness2221 no envy here Nancy, just pointing something out that went over everyone’s head that’s all!

[@yourhomeisyourbusiness2221]

@@KDTheInvestorAgent SOMEONE going to purchase those foreclosed properties, if not Dave Ramsey. Because he was prudent, he was able to do it with cash. Kudos on him. He filled a need - he purchased properties no one else had the money to purchase. Woke=Broke

[@KDTheInvestorAgent]

@@yourhomeisyourbusiness2221 …lol what. Do you own investments besides mutual funds? I’m an investor in real estate that’s why I mentioned it.

[@Gregoman89]

@kwake darko what he said out loud went over everyone’s head! Wow. You are proving his point. Stay out of debt so you can take advantage of what is happening.

[@sameshajones5766]

Good problem to have , I’ll be there in 5 years !

[@0mllnahellcat310]

Thanks for your comment I will also advice you get into crpto trading with the aid of my trader Christopher on WhatsApp and make good profit....

[@0mllnahellcat310]

I 3I2_7O2_024O

[@Iburn247]

Im selling, downsizing and buying outright in Texas. See ya Massachusetts!

[@Joel-s3t9t]

What % would you put in each area(fun, investing, generosity)?

[@eats4cheaps305]

Diversify if you want to settle down. Don't diversify if you're still trying to be aggressive and are okay with a higher risk.

[@RJRussoVids]

"I haven't been wrong on my individual stock picks." Yet... 🤨

[@TB109.]

That’s was some great advice

[@chriswalker83cw]

With interest rates still being relatively low paying off a mortgage doesn't really make that much sence when the same money can be invested to earn compound interest instead. At least that's my take on it.

[@Will-wp2cp]

This guy needs to take The Legacy Journey! Excellent class. It's available with a Ramsey+ membership or FPU.

[@0mllnahellcat310]

Thanks for your support I will also advice you get into crpto With the aid of my trader Christopher on WhatsApp and make good profit.

[@0mllnahellcat310]

I 3I2_7O2-O24O

[@Will-wp2cp]

@@0mllnahellcat310 No sir, I'm not doing Crypto.

[@VivianeSantos-dx6xq]

Unlike that and congratulations for the couple 🎉

[@fusionreaper]

I'm tired of hearing people call in who make 200k plus a year. Where's the people who are actually struggling?

[@geckster109]

Up your game. son!

[@Brandy21222]

We only make 78k a year and have 3 children. We will be paying off our mortgage by the end of July. I am 39 my husband is 40. It can be done, it isn't easy but it works! When we started this in 2017 we only made about 50k.

[@briansavage5335]

I am 33, my husband is 34. We have 3 children, 12,11,7 and we never made over $65,000 a year. I am a "stay at home mom". We are mortgage free. Our house is worth around $325,000 to $350,000 as is with room for some sweat equity. We also just purchased a duplex for cash. We started investing in real estate on the side when we were 20 and i helped my husband with building homes in addition to him working his normal job roofing. We are just now enjoying the results of sacrificing and working hard

[@Brandy21222]

@@briansavage5335 Congratulations!!!

[@arabella8478]

I was poor and a single mom with mortgage eating all my money, no savings....i started slow, i automaticaly moved 200 dol a month to my savings, got second job and started adding money to principal every month...Im getting close to paying my house off....

[@OcelotEdits]

Why would I pay a mortgage at 3.1% off early? I can triple that in the stock market every year. Everyone paying off their low interest mortgages (5% and down) early are leaving money on the table. What is the point?

[@mihaiconstantin-pau5116]

I am amazed by how many lack financial skills and are excited about this. Paying otna low interest mortgage is the most wasteful thing you can do with your cash

[@girliedog]

I paid off my house in May, as a result, Transunion lowered my credit rating from 821 to 817. What's that all about?

[@garbygarb31]

Because it's paid off, it's a closed account now. Closed accounts are less points than an active one

[@scotttracy9333]

Mine dropped 80 points the month after I paid my mortgage off. Now 6 months on I've recovered that and now its 40 past that. Wait a few months it will bounce back

[@nsbioy]

They are angry at you.