Your Circumstances Don't Matter, You Can Still Become Debt Free!

[@alexcorll90]

I appreciate that Dave actually encourages families to set money aside for tuition. Many many parents don't bother to do so.

[@anastasiamyrick3819]

I like how he said even if you have money, teach your kids that FREE MONEY IS ALWAYS FREE so do well in school so you can use that for school instead of your great income or savings.

[@KC-dr3cg]

I feel no responsibility to pay for kids college education. I gave them skills to be self sufficient .

[@clairewillow6475]

@@KC-dr3cg :/

[@mandypdx]

I’ve been paying my student loans for over ten years… I make more than my parents. I’m glad it’s on me and not them. (I could have paid it off but it’s 2% interest and I apply my extra income to my mortgage and in retirement funds)

[@phard5761]

Age 60, debt-free for the past 30 years. Raised 3 children solo after abusive husband jailed and one child removed from home for abusing siblings. Thank God for taking care of me for all these years. He continues to take care of my adult offspring and leads them in ways that keep them from debt. All received college scholarships and assistance. God is GOOD!

[@michaelwoods4495]

"God is GOOD!" And you're pretty good yourself! Well done, ma'am.

[@gotemfishing2190]

I didn’t know siblings could be removed for abusing other siblings. Wish I would have known this when I was a child.

[@helenflorentino5231]

Wow! You are admirable!

[@sarahmilner8483]

What a woman! Respect ❤️👏

[@danjuhas3094]

Sometimes you (Dave) irritate me. But, invariably, I pause and mull over the words and take the attitude and emotion out of it and Dave? You're doing a good thing out there. People need to hear this message. (I'm debt- free, but hardly "done") Watch your content constantly. Great to keep the reminders front and center. Love you folks.

[@myersfamilydiaries]

This is EPIC! It’s me! 😂😂😂 I’m the cinnamon roll blogger! 🤣🤣❤️

[@myersfamilydiaries]

Also way to go, guys!!!!

[@michaelaweatherman7682]

How cool! I was hoping you would hear it when I was listening 😂

[@myersfamilydiaries]

@@michaelaweatherman7682 LOL I'm still so honored and I hope I get to chat with her!

[@ICYPROFITS]

Cool!

[@gmbiasco]

I'm kind of jealous -- I want to be debt-free because of cinnamon rolls :D lol

[@blairkinsman3477]

Same position as the caller at 56:00 … suggestion (what I did) is to share group the purchase of the plane … I found a group of guys who owned both the hangar and the plane in it, and I bought in a 5th … a year after I got in, the airport was sold and the new owners issued permits for 6 more hangars … which sold for a whole lot more than our group paid for ours

[@WISHBONEL7]

If the $5,000 truck is running just fine , what is the point ??.

[@carolannstevens5814]

It is refreshing to hear Nathan staying pure till marriage! Dave way to go to encourage him for that!

[@rachelreyes4128]

That cinnamon roll couple is such goals ☺️💕

[@ALRinaldi]

Great throwback episode! Haven’t seen Dave by himself in a long while!

[@MaestroMarinelli]

Solo Dave is great. He’s the man!

[@sandrao8146]

Thoroughly enjoyed this podcast. Loved seeing Dave go solo!👏

[@USSR1717]

I do not like when he has guests

[@k_kelsey]

Same. I come here to learn from the old bull, not the young calfs.

[@ifindmyselfhere]

I watch these videos every day and never comment but the woman in the fuchsia (pinkish) dress who found Dave thru a cinnamon roll issue @ 1:01:30 was pure energy and life! Such a blessing :D ❤️

[@pix2.0]

These shows are so helpful and I have a lot of work to do.

[@chefjamesmacinnis]

if you cant afford a 325k house you also cant afford a 313k house

[@collinmorelock4911]

Dave by himself. -praise the lord🤣

[@BuiltonGODSrock]

NOTHING LIKE IT! Sometimes the personalities dont give the same punches that he does and just waste air space

[@ddaboiko]

@@BuiltonGODSrock the personalities ALL annoy me!!! They try too hard and always seem to agree with him... 🙄

[@PurpleRose8725]

Testify!

[@InTheNowPhotoPella]

When the guy asked about the student loan forgiveness with a home purchase, I had to look it up. Huh. This is a real thing.

[@yeni_daughterOfGod]

I didn’t find anything. Can you give me more info?

[@bmbb608]

This show is the BEST

[@gmbiasco]

For Paul's question -- I on bs 4-6 and am working as a Project Manager II earning ~93K in the non-profit space. Totally doable and a great career choice.

[@myersfamilydiaries]

If anyone can help me find the lovely lady and her husband who googled Cinnamon Rolls, that would be great!

[@margie909]

Callers were so long winded today, but, got so many calls in with Dave having no cohost.

[@dennis.teevee]

thank goodness i discovered the dave ramsey show! ♥️👍💯

[@melissagallegos3293]

I have a secret. I have a burning desire to work for Dave Ramsey. Anyone else?

[@KT-zd3vl]

They’re hiring!

[@Yugiboii]

One of their interview question, show me what’s in your wallet if there’s a credit card we won’t be moving forward with your application 😂😂😂

[@carolannstevens5814]

🙋‍♀️

[@catherineskis]

It's October 2022 and I so like the Dave only programs so much better

[@valerietromble581]

You can the tax credit at the end of the year or get monthly checks that’s what he meant by opt out he would get an end of year credit instead of every month

[@joshuarasam2162]

Look at Yohan man. So inspirational man.

[@platinumhandymansolutions]

"Deloney doing some kind of Disco dance" hahahahaha, freakin hilarious Dave!

[@displayfireworks]

I think I'm dyslexic. At first I read the title as "Your Circumcised Don't Matter" LOL

[@mikafinn1200]

There are some weird calls for this one. Some about personal problems instead of the financial one. Good thing Dave can be a psychologist. Lol

[@DMS20231]

I made $350k years ago and gave myself and my wife each $3k to just blow. I bought a TV and a stereo. It was so nice to get that out of my system!

[@monicadhenderson8670]

Im soooo happy you found your dream job!!! Congratulations 🎉🎊🎈

[@jrwntctv8091]

At 1:42:05 you can literally see Dave thinking "Situations are never unique!"

[@ICYPROFITS]

What about storage, maintenance and fuel for the plane??

[@horizoncheck8620]

YAAS... the melodrama Spikefish are always on the lookout. 😱😱😱😱

[@rbarzola7756]

I love the couple 💙💙 so genuine .

[@SantaBarbaraAlberto]

Payoff house = status symbol.....Booya!

[@rhondajkestin]

I joined this program because I am TRYING to find the class I was told was supposed to be running at either 12:00 or 1:00 PM! I cannot FIND the link!

[@Crooked_Wien]

They're also forgetting that the guy could rent his plane out for instructor rides and make some income on it

[@Rainbowssugar]

My thought is wouldn’t he need to pay for hangar space?

[@alexcorll90]

$85k in California? Depends where, but that sounds like a bad move.

[@TMoody]

Does anybody else every cry when they hear the debt free scream or is it just me?

[@pamsmith1665]

Just you

[@christianmcnally4323]

Well... if he wants his commercial license the 250 hours makes sense... BUT idk if he will qualify for a commercial license on just a single prop

[@pregnantmiltank]

I hope Paul didnt choose Santa barbara... cost of living is outrageous there

[@horizoncheck8620]

i think the aggression maybe accrue to the underwater dopamine. Dat sounds werd alittle honestly. 😳

[@atdepaulis]

But who says in 3 years they will give you that lower interest rate?? Idk

[@missypredum1561]

I am stuck and tired but it is because I want to be ok. I seen a skunk today and i wanted to go bury it but i figured city was not working but i did not have a phone to call someone.

[@erikrohr4396]

So... no millionaire ever invested their money while they had a mortgage? There's no way that's true.

[@RecklessTheory]

paying off you mortgage is very beneficial in every situation but if you are young and got excess money + low debt and invest really good you can make gains that pay off the house later after they built up long enough profits. If you do it in the first 10 years by combination of very good strategy and serious luck you could be looking at being a millionaire soon after if you maintain the same progress. Every self made millionaire has done this build, invest, save, gain, sell, etc.

[@lynnebucher6537]

I maxed 401K and Roth while carrying a mortgage, and put anything left towards prepaying the principal. Paid the 30 year note off in 14 years and have a total NW of $2.3M. Retired at 59.

[@diannamc367]

Baby step 4 is investing in retirement. Paying off the mortgage is baby step 6.

[@erikrohr4396]

@@diannamc367 Right, that is true. Is Dave saying that no millionaire invests more than 15% of their income while they have a mortgage?

[@diannamc367]

@@erikrohr4396 I missed him saying that?

[@MissBurr1]

Wish there was a book with all those things the millionares told Dave......would be a great study....

[@ICYPROFITS]

"The Millionaire Mindset"

[@jez5855]

EVERYDAY MIL..... Oh wait, we cant say that here now, i forgot = (

[@bettedavis9261]

@@jez5855 🤣🤣🤣🤣

[@joshuagarner1654]

Why does dave push college so hard it isnt required to be successful

[@erickahill6579]

I agree.. I went to nursing school. I've always had a job! I have been smart about choosing employers who paid for my bachelor and masters degrees. I only have about 24k left in loans. These loans were a product of my poor choices. I plan to pay the loans off over the next few years.

[@rhondajkestin]

Although it is POSSIBLE to be successful w/o college, statistics show that college-educated folks, on average, make quite a bit more money!!!!

[@amyx231]

Only issue is, if the daughter decides not to go to college, or doesn’t need the money cause of scholarships….

[@huntercarterguitars]

1:40:00

[@GabrielleGeorge]

Student loan debit forgiveness or buying a house? How does that work exactly?

[@horizoncheck8620]

yes it's all good, Dave Ramsey show rocks. Apologies for the trolls.

[@pattyajones]

Wait...what??????? Did Shaina just say they started with $60K and they ended with $63K????????? Um.........

[@kdlove3118]

Not to mention wouldn’t this require your child to go to a college in Florida? What if she doesn’t want to go to college in Florida? What if she doesn’t want to go to college at all?

[@lynnebucher6537]

They would get their original investment refunded and lose all the gains. I know two parents who did this. Apparently the forfeited earnings help fund the college prepaid plan as a whole.

[@atdepaulis]

If you have a dog then setup a dog sinking fund… if you are buying gifts fir people and sending it to them take the postage out of the gift sinking fund? Or yes bump it up

[@twincherry4958]

That program exists!!!

[@klock6657]

What happened to George Kamel?

[@michaelanthony386]

A lot of callers from Texas in this episode.

[@alanzandraheslep4008]

I have $9k in car debt @about 4% and I have the cash to pay it off; however, my uncle (who is financially literate and successful) recommends I invest that $9k in a fund that follow S and P 500 and I will have earned more in returns in 3 years than I would have saved in paying off the car - I'm torn, any suggestions?

[@paulmvn5431]

Yes. Pay off your debt.

[@larabraver]

If you lost your job and then ran out of cash, would you be comfortable having your car repossessed? Best to get rid of the debt.

[@carieyounginsurance]

Best thing I ever did was pay off all my debt- you’ll thank yourself later! Invest the saving every month you save then...!

[@taram4414]

Pay off your debt, then fund an emergency fund, then start investing with peace of mind!

[@saltysaty8686]

You would be better off investing in funds. Assuming you do not lose your job, assuming you don't get in an accident, assuming nothing wierd happens with the economy. Dave Ramsey is making your life secure, less stress, and not worrying much about stuff in life the WILL happen to you eventually. You will get a better return in a index fund, but personally I don't think the stress of worry about that for 9k is worth the stress in my life.

[@lynnebucher6537]

In the US, if the trust is going to pay the taxes, the trust tax rates far exceed the rate for a single individual.

[@TheRealMacAndCheese]

I completely and totally disagree on one thing. Michigan State is absolutely not a good school. :) lol

[@dingomankam1845]

theres a whole pet care section on the every dollar app tho 😂

[@horizoncheck8620]

true, the sea snails can help with the safety. Then again, the mushrooms are coming in slow. 😮‍💨

[@foxiedogitchypaws7141]

What is the budget for people on social security?

[@JulieTobin-Ruszczyk]

Today with inflation you buy what you have to to keep you alive. Food extra and cross your fingers

[@cocomaster3755]

Nevan get a tundra🤙🏼

[@goodtimes333888]

Math first. I love it

[@Wrekt330]

Can’t believe the guy building the new house is walking away from it over $10k (3%).

[@brettwhaley7177]

It was an extra 3% up front PLUS any additional costs of material inflation. Could be much higher by the end.

[@Wrekt330]

@@brettwhaley7177 you’re still building vs buying. Value of the house will definitely be more than 3%+ of completed value. Problem is this person was disconnected with what was going on in the lumber market and thought he was being taken for a ride.

[@DiscipleSteven]

absolutely not!

[@allthingsmaloney5634]

bold of him to assume his kid will go to college lol

[@horizoncheck8620]

the guppies are returning a little later. let's see what happens. 🤧😓 weekend tank life... FANTASTIC!

[@horizoncheck8620]

er generally the platypus suckerfish don't show the aggression dat way... or no one would know when they really angry. OHHHH the guppies have arrived! Woots!!!! 😃😄

[@dougprentice1363]

How can you make only 22k?

[@michaelginsberg2033]

Dave is rude and interrupts people. I don't think he's so great. Also, why say "better than I deserve.??" That is nonsense. Just another EGO out there that is unconscious and making money off of people's stupidity.

[@Savannah-ed4rv]

Been watching intermittently and really don't like his advice. Mutual funds are so yesterday and barely keep up with inflation, etc., etc...

[@carolinecollins2441]

Which investment do you prefer if you don't like mutual funds?

[@turnovertheleaf5505]

If you were a good Dad, you'd give that baby back to his mama. These progressive judges are destroying our youth.

[@Sara_The_Feral_Housewife]

We don't even know if this 10 year old wants to go to that college. What if she wants to be an electrician or some other apprentice/trades job...

[@missypredum1561]

However, my butthead left the house tonight and I had to pull 3 lawn mowers in the house and i wanted to kick him. Now i have 3 have them in the dining room....what the heck.

[@franciscomiramontes1671]

Hi

[@tcgtpl]

Advice given the first caller: Put your extra money into a high interest return investment so you can get more money in the end to cover the small increase in a college tuition. Advice for practically every other caller before this show: Don't put your extra money into a high interest return investment. Pay off your mortgage first (a low interest debt). Hmm.....sounds like a contradiction to me. Math argument in the first one and emotion argument on the second one.

[@saltysaty8686]

Part of the early steps is to pay off high interest rate loans, credit cards, cars, any other but mortgage. Then 15% into savings and then some to college funds then step 6 is mortgage...

[@tcgtpl]

@@saltysaty8686 I agree with your implementation of the Ramsey steps in that you should pay off high interest rate debt first and then slowly pay off student loans after getting your investing to at least 15%, but that is not what the Ramsey team preaches. Student loans are lumped into Baby Step 2 with all other debt, except for the mortgage. Baby Step 5 is setting up college funds for your kids, i.e. 529 accounts.

[@saltysaty8686]

@@tcgtpl this is for a fund for his 10 year old daughter... so that's his handling money for his daughter which is his step 5 but ita not his money its in a tax deferred fund not in a pre-taxed 529. He is not paying off his debt it is his managing his 10 year olds fund for her college in 10 years.

[@rosiebaker4250]

Ramsey Howard you I just say the Bank is closed I praise you a ppriciares anen

[@special1740]

When Dave Ramsey wants debt free, he wants banks to be debt-free. Pay back the debts to the banks, so that they can reconcile their books.

[@kimberlyturner820]

Lol. "David" from Israel.

[@noaspencer]

Ha they spelled Israel wrong

[@Radmxray]

Not sure how the shacking up in a room b4 marriage has anything to do with finances. Strange. Dave was kind.

[@peggybinkley7870]

It’s not strange it’s statists that is facts

[@horizoncheck8620]

oh no the clownfish brought the family to meet the suckerfish... ah MAN 😲

[@paulhayes2189]

If dave ramsey was in Europe he would be saying caller from Jerusalem, palestine

[@aundirussell8644]

if you work for a college, you can't put one degree in front of another. either follow the rules or don't work there. get off the fence. i would be fine doing it because I don't hold Dave's view that a degree is only for a career. Studying at the college level makes you understand yourself, our culture, other cultures, and makes you better at life. Of course electricians can make more than college professors. but not everyone goes to school only for a good income. just saying.

[@lynnebucher6537]

All that schooling is fine but no one should rack up insurmountable student loan debt for self actualization.

[@hellocolor101llo5]

I like most advice but some are downright sexist.

[@dbleongray]

Lol. Dave you said to take control of your money you have to be one of those "weird" people. I never heard of a student loan forgiveness program dealing with a mortgage changing a 15 year to a 30 year.

[@peggybinkley7870]

Research it

[@rhondajkestin]

Biden's baby...

[@shawnstark5384]

People like you Dave are what is wrong with America. Tell folks to buy over priced stocks. lol Buy the index. lol You are not an economist. You are a just a planner. Middle America is DYING but give your money to WallStreet. lol

[@duriuswulkins4324]

He’s complaining about $20000 on a $300,000 house?

[@coryascott]

Jerusalem, PALESTINE

[@theanimaster]

In FL we can also opt-out of the child tax credit thing. The reason for the question I believe - is because we are receiving payments based on this credit - rather than just a credit on our tax return. We are receiving cash in advance payments up to December. The question is: we DONT know if we will owe anything by accepting these cash payments - so should we opt out so that we don’t get cash that we may have to return later on? Or should we do nothing and receive these cash payments? People are wondering that - if they opt out, they may lose out on “free” cash. Because that cash is then converted to tax credits - and if you already have “excess” credits at tax time - that excess doesn’t convert into a cash return. So I think the best thing to do is: do nothing. Receive the payments but PUT THIS MONEY ASIDE. Don’t spend it. In most cases if you earn less than 70k a year - you will be fine and won’t owe anything anyways - but if you want peace of mind regardless, just put the money aside or be prepared to pay some back.

[@horizoncheck8620]

tell you what, if the mushrooms are coming in slow... we can get seaweeds. Urgh, if it even substitutes. 😮‍💨

[@horizoncheck8620]

cheers! Abundant Life without soggy algae. ~🤓🌿

[@horizoncheck8620]

BUT! We still need more mushroomS!!! they ran out yesterday night!

[@horizoncheck8620]

oh boy, the market tmr might be busy... the clownfish are having their discounts.

[@horizoncheck8620]

yay, we managed to tank in a baby whale shark. NAISE... next up! sea of turtles later. God Bless.