We Live Paycheck-to-Paycheck Making Over $100,000
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Everytime I feel like I want to buy something other then bare essentials, I put on some Dave videos and I have paid off over 60k of debt in less than 2 years.
You should have a picture of Juluis from Everybody Hates Chris in your purse. HAHA! If you dont know what i'm talking about, watch the show.
My man Julius nickel and dimed every purchase. I follow his approach. I'm not cheap, but I don't spend wantonly. Each purchase must serve a purpose.
Passes it to the man… and BOOM goes the Dynamite!
You're bad af
I did the same, it was hard but sooooo worth it.
everytime i feel like i need a new truck dave talks me out of it
Just get it, you could pass away tomorrow.
@@letsgotomarsmanor you could live another 50 years being broke 🤔
@@letsgotomarsmanso you’d have the truck for like 12 hours?
@@letsgotomarsmanalternatively you might not
Same it’s not worth it 😂
It took 5 years but we paid off 80k while raising a family of 4 kids. Im soooo glad we made the sacrifices
This right here🎉🎉🎉🎉🎉
That's great!
Awesome! 👏🏼
did you listen to Dave Ramsey?
@@adiintel1 yes followed his plan
I’ve paid off $20,000 of debt in the last year. Thank you Dave Ramsey!
It can be done ! 😮
@@marknewton6984 yes, it can be done. When I first started watching Dave I didn’t think it could be done but once you get serious about it & start making sacrifices then you realize it’s possible.
Congratulations that’s awesome
That’s awesome keep it up!!!
Did you stop your employer match? Just wondering
Me. 62. Retired. $49k pension
No debt Home paid off.
Laborer all my life.
Big bank account.
Life is good.
Good job man. Enjoy the freedom
Congratulations 🎉
Yikes 49k pension …
@@ryandevlin3057 is that good or bad
That's the peace of mind everybody wants. Bravo!
I've paid off $1,165 in 30 days, I'm cutting deep Dave!
Keep going!😮
That’s fabulous
Best get that wound looked at! 😂
I just paid off 5500 in the last 2 weeks.
Nice job keep it up. The feeling gets even better!
As non psychologist I believe she’s using her daughter as a scapegoat and in reality the grownups don’t want to take accountability.
She treats people with fear and anxiety and yet is not dealing with her fear and anxiety. Glad she called for her own counseling session. 😊😊
One of the main reasons I still watch this show is because it makes me feel really good about my relatively meager income when I hear these people who make a ton of money are doing worse than me, financially. My small business brings in poverty wages compared to these people, and yet my frugality and lack of debt (well, almost) makes me feel wealthy by comparison.
This. It’s not about how much you make but how much you can keep. Good job.
@@iamme7664 its easier to get rich by spending less than it is to get rich by earning more
It's not what you manage, it's how you manage it, that counts. Coaching a junior league soccer team to victory will always yield a far greater smile on your face than coaching a premier league side to defeat. You win with the skin that you're in, and you take your wins where you can, with pride.
Me too, glad im not the only one.. it’s a daily reminder to not make rash decisions & avoid consumers debt..
Exactly! It’s very simple math … income vs expenses.
People think their kids need a certain standard of living but they just need their basic needs met, love and time. It’s crazy.
I have family members who make 300k/yr and are in credit card debt.
Keeping up with the Joneses
sad!
Same! Money doesn't solve disorganization.
@@elizabethallen4353 it sure doesn't. For some people, the more they make, the more debt they go into. Ironic as that sounds
Not this Jones Family 😂 We keep our expenses low!!!
@@ashleyjones5396 lol, good for you
I have a modest income but own my house, car etc with a healthy savings and pension and no debt! No debt is key, i sleep like a baby
Amazing how many people live like this. This caller could easily dig out of this.
I want want want
So many people complain about not having enough money but then go on all the lavish trips just to flex on social media
Appreciate people calling in and putting themselves out there. The Internet is brutal. Glad they share their stories
She said "It's the fear with my daughter... making sure that we have enough... I get worried about catastrophic expenses... it's more just in case." If that was real, she'd be saving up money like crazy, but she has almost nothing. So glad that Dave called her out for that being a red herring in this call, because she's obviously not sharing what's _really_ going on with her finances.
the thing i like about dave ramsey isn’t really his advice in the show, but just the different types of peolpe the come on the show and how he interacts with them
Why is she calling in versus working with her HUSBAND. He should be LEADING his family from this perspective. Second marriage 67% success rate.
These phone calls are a case study on Americans and society
@@shawnturner7064 You don't understand. She's worried about having enough for her daughter, not having enough for her family that also includes her husband.
You see how she PUT her daughter over her HUSBAND. RED FLAG and EXHIBIT A Fellas.... Leave the Baby Mommas Divorcees to the STREETS. What kid 9 year old needs 3k a month. I bet money problems were the reason for the other failed marriage.@@BrianW211
We've been living paycheck to paycheck with 100k income... but we were cash flowing my wife's advanced nursing degree. Cost a small fortune.
She just passed her final nurse practitioner certification testing. Starts at a new job in February VERY glad we cash flowed everything. We were broke for a few years but now we're going to be killing it.
It would be better to not place your fate in employment. Start plans to invest in something, jobs eventually s*ck not matter how good they start out
Did she not go work as an RN with one of those high RN salaries?
That's awesome!!!
@analyticalchick3064 , no, not really. She was in a program through her employer where they paid for a portion of her undergrad degree, she was working as a phlebotomlmist at reduced hours, but they provided flexibility she needed for school. She was still bringing in money, but not much. Once she graduated with her RN, they offered her a nursing job and low balled her on the pay. Zero flexibility for school. Our local hospital kinda sucks to. They are missing payroll all the time. All the good doctors left. Instead of a contract with the crappy hospital, she maintained the flex job and she went for the NP. We were on the hook for that 100%. During the NP degree, we were paying out $1k here, $2-4k there for different clinical opportunities on short notice. That was tough. We are moving back near her hometown, and she signed an employment contract for almost $200k a year for 2 years. I get to bring my job with working mostly remote. Looking at land right now and I'm building a house this summer if things go well.
You mean paid in cash not “cash flowed”.
Imagine making 11500 a month with 3k in savings wow that's wild 😮
Thought he said $30 lol
3:29 Dave rocks out the absolute truth. _No sugar coating_
He always does. That's why I love him
Papa Dave laying down the law 😤
This is how most people spoke, teachers/parents etc when I was a kid… nowadays people melt into a ball of emotion when they get spoken to this way! 😂
he often doesnt when it comes to women. if it was John he'd be like "are you safe" lol.
"Well, we talked about cutting back on vacations." 🤣 Yup, the entitlement is neck deep here. Zero chance they make any changes.
No chance.
7:55 “I want a new car, I deserve, I have a masters degree, I deserve good car .. you deserve freedom not this life of stress” - George
alyssa: hi
dave: what's up
alyssa: just chillin
😂😂 dave has a high tolerance for people who don't get to the point, i would've been like what do you want !?
I live in SWFL. This is the most "Naples" thing I've ever heard. It's so spot on. She's not alone, she's the norm around here.
The sacrifices may seem like alot and getting out of debt will take forever. It won't. My husband and I focused on getting out of debt back in the 90's. Everything was a NO. No vacays, no cell phones, no internet, one car to get to work, no eat outs... The only shopping we did was grocery, which was a strict limit of $70/wk for a family of 3, carrying the calculator through the store. It was all worth it. God provided, and we've been debt free, mortgage included, since the early 2000's. Make the sacrifices now and pay off debt. No it's not easy, but you won't regret it. And then forever treat debt like the enemy it is, robbing you of wealth, peace, etc.
no more Fruity Pebbles - its now Rice & Beans for breakfast , lunch & dinner!!
Ain’t going to a restaurant unless….
Maybe just beans
@@elevate4evait’s ur other jawb!
@@Michael_Gray lmao
Rice is great, if you want a thousand of something
Does college actually make people dumber? This is not that difficult.
Yes, Trump conservatives believe that
Some people are dumb enough to go to college.
@@kbanghart What? A 5th grader could do this math on how to budget. Why did you make this political?
@@ST-rj8iu maybe the nine-year-old daughter could set the household budget.
@@ST-rj8iu It's what these TDS nerds eat sleep and breathe. It consumes them. Everything is political.
I will never forget the help and motivation I had from watching your videos. I’ve decided 3 months ago that I will never go back to debt ever and ever again. I am paying off all my debt, I’ve decided to rent off a room in my place and work an extra day. I am more motivated than ever and following the snowball method I pay off 3 debt out of 5.
I’m 60 and want to retire in 6 months. I have a $170K annuity, plus a 401k depleted to $200K of money that I’m not sure what I can do with at this point. My retirement plans seem to be out the window. Is it a good idea to get professional help?
With everything going on, consider financial planning, … that is okay. You can get your money to work for you. but I would say delay retirement a little
I have heard how they can help you make the best decisions and to be honest I don’t want to lose anymore money or I will have to work till I die.
And what if that is all you have, even with SS you may not have enough to retire with. If you opt to work with a financial adviser, you make sure they are certified from AARP or FINRA.
The decision on when to pick an advisor is a very personal one. I take guidance from ‘ Monica Mary Strigle ‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Can I get the contact info of the person you work with?
Dave plays no games. He is so real. I was the same way, then I found Dave Ramsey’s baby steps. I use to get out of debt all the time, but I didn’t know you don’t have to be in debt. You can get out and stay out. I love learning there is a way to live without debt.
3k in savings but worried about catastrophic financial problems that may arise for her 9 year old? Makes no sense
I’m glad Dave called her on that! I’m so worried about my daughter and what she might need but I have absolutely no savings to back up that concern
“We’re worried about having enough money for our daughter… which is why I only have $3,000 around.”
I get the feeling that she spoils her daughter, and insists on continuing to do so.
Scapegoat.
Exactly it's not like she had 50k in savings and was afraid to spend it paying down debt in case of an emergency, she had nothing!
I’m amazed at how people make so much and pile up all this debt. Anyone could be a millionaire in a few years with their income.
Well more than just a few years
Granted we're 30% below them....... but we also "only" have half the debt.... but we also have three kids..... and we're also on the Left coast..... BUT..... I can personally attest that since Biden's executive orders shut down oil production in the U.S. and fuel prices skyrocketed, surging inflation, it's been quite a struggle to make it month to month. The difference between regimes has been staggering. The food stamps level here in Oregon is $60K and everyone we know who's below that threshold has caved and is on government assistance. It's insane.
Shhhhh. It's a secret that advertisers who study the work of Edward Bernays do not want you to understand. Neither does the top 1% of earners in the USA. They want you to be poorly educated, financially illiterate, and buying things you don't want or need.
Because they have no purpose, no self control, and no concept of God. The live for the now and literally don't care about the future. It is called bondage.
@@John3.36 I have read passages of the Bible where bondage is a common theme.
A minute into the call, this financial conversation NEEDS to be done before getting married. In fact, my rule is to have that conversation before moving in with somebody. I would 100% exchange credit reports if I was to move in with my significant other.
Live below your means. Better to look poor and actually have money than to look rich and be broke. Just downgraded to a cheaper apartment from a luxury apartment and it saved so much money per month.
It’s a sacrifice to say “no” to a big family cruise? My family has never gone on a “big family cruise“ in our lives. I didn’t grow up going on vacations. I’m now financially independent. People are crazy with the entitlement nowadays.
She's struggling with not being able to post photos of trips.
@@bahwickee 😂
If they enjoy the cruises so much, they could have them, if they would have had modest cars that they drive down, and maybe a modest wedding as well. But you can bet they are the types that also spent a ton on the wedding as well. (she 90k in debt for her education and she has considerable car loans. Together 60k, she did not specify. Maybe he has the higher car loan after all he has "only" 40k in student loans but w/o a degree).
To you it’s entitlement but to them it’s their normal.
Yeah it’s like saying I’m so broke I can’t afford to eat… but I can rent a house with a yard and feed my four dogs!
Its called lyfestyle inflation or lifestyle creep. Randomly ask people of they would like to make more money and they will say yes. Ask them why, and they will tell you what they want to buy. Almost no one will say they want more money to save and invest.
You have to be disciplined to receive money and not spend it all thinking that you have a job that will always keep the money coming. The higher your saving rate the more discipline you need.
We went on our first real vacation since on honeymoon for our 30th anniversary. What we didn’t have at that point was a mortgage and any other debt. Make good decisions, meal plan, pay cash or wait until you can. It’s really that simple.
Attaining success relies heavily on the proactive measures and strides you take to pursue your objectives. Building wealth entails fostering positive habits, like regularly allocating funds towards strong investment prospects. Despite its vital significance, financial management is often a subject that many shy away from, leading to challenges later on. My genuine wish is that anyone reading this message finds success and satisfaction in their life pursuits!
Beginning early is undeniably the most effective approach to getting ahead in wealth building, with investing taking precedence. Drawing from my experience last year, I've managed to establish a suitable lifestyle by investing early this time around.
Indeed, that's my primary focus as well. What types of investments are viable given the deteriorating economic conditions?
The issue is most people have the “I want to do it myself mentality” but not equipped for a crash that comes afterwards. Ideally, advisors are perfect reps for investing jobs and at first-hand experience, my portfolio has yielded over 40%, summing up nearly $452k, since covid outbreak to date.
I've been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
The problem is that she lives in Naples. A lot of old money there. It’s the culture down there to keep up with the Jones’s.
Exactly !!
Resist that temptation.
Why do some people call in? Especially when you’re making that much?! It’s not that hard people….
I lived in Naples for 20yrs. I left about 3yrs ago because the cost of living became outrageous. Just in the past 3yrs cost of homes have almost tripled and insurance (auto & home owners) have gone up around 50%. Beautiful area, but you're going to pay for it.
My goal is to pay of 21,000 of consumer debt and 9,000 of student loans🎉 listening to you guys have truly helped kickstart my journey!!!!!
I'm at work in Naples as I write this, shoutout to SWFL. There's a lot of things in this area that you'll feel like you have to have if you look around too much, expensive cars definitely being one of those things. Don't live for anyone else, live for you. The stuff will come later with that kind of income
People really sit here driving around in fancy luxury cars with no idea on what is causing their financial stress and what to cut. She has “fears for her daughter’s” financial security, but is driving around clueless in $70k worth of cars.
For someone that is a mental health therapist, her rationales for being broke sound like insanity. Not paying off any debt for the "fear with my daughter" ?!? What?! You haven't saved a dime. I feel like I need therapy after that call. jezzz.
The most lucrative "investment" is paying down (high interest) debt. Your return is the interest rate: 6 - 8 % for a "low" interest loan (right now) and fabulous 18 - 20 % on credit card debt. And that ROI is GUARANTEED, very little admin costs, and it is tax free. If financial emergency should happen that she worries about (it won't) they can always talk to the bank and overdraw the chequing account. Or take out a loan on the house (if that is possible) Or get a personal loan. If they have the spreadsheets how they intensely have been following a budget and how much debt they have eliminated before the emergency struck * the bank might give them the money at a reasonable interest rate.
Worst case scenario: they overdraw the credit cards (but then they would not be worse off than where they started out).
The only REAL emergency I can think of would be high medical expenditures that are not covered by their insurance. They will not be able to save up 100k fast for that hypothetical emergency - and what is the point to worry about maybe, maybe having to spend 10k that you have not planned for ? With their income they can weather it. If a catastrophic recession should strike - then they would have to sell the house. Good news for her: she would not have to sell the nice cars, those have to go right away.
She does not need to worry about losing the cars that are too expensive for them in an accident or about expensive insurance either. They will have to sell them and get much more modest cars.
This is prime Dave haha he thrives when someone making a bunch of money calls in.
I always lived my life by a simple method that never left me in this situation;
" Is it a need, or a want? ".
God I love😊 these specific calls
I love broke rich people problems.
good opportunity to learn
First world probs
I call them "faux rich" problems
Have to take risks to make money. Where does it stop?
That last bit by Dave was an absolute preach
Great advice!! Thank you!!
I'm favoured, Getting my own Truck has always been my Dream for my business. I just acquired 2 recently, earning $18K weekly was really helpful. I can now give back to the locals in my community and also support Charity Organizations.
That's really huge
I'm genuinely curious to know how you earn that much weekly
Big thanks to Elizabeth Marie Hawley
She's a licensed broker here in the states 🇺🇸
Her top notch guidance and expertise on digital market changed the game for me
This is why you don't trust counselors. They don't even have their own life together
Her strengths may be in other areas not FINANCES
@@kay22100 LoL!
You mean like Dr phony balony delony 😂😂😂
@@cutehumorlove me some Delony!
@@kay22100it’s not that it’s not a strength. It’s that she’s illiterate with one of the basics of life.
Always great. TY Dave!
A mental health counselor that is stressed out about their finances, I do wonder about this profession.
Oh, did you really believe therapists and counselors are perfect individuals who don’t have anything to work on?
The irony is insane
My dad is a medical doctor, and yet he goes to another doctor for physical examinations every year. Does that mean he is incompetent? No. It's just much harder to examine yourself objectively without outside help.
Because she racked up 100k in loans for a masters degree that yields 50k per year.
😂Why? Think we're not human?
It's such a great episode. Love how Dave just slap some common sense into some of the callers. It's definitely a good wake-up call for everyone watching. Will share this. 💪😂💯
I could see it. Everything is made to break now. Our last fridge lasted 1.5 years and the warranty was 12 months. Feels like there’s always about 90k worth of home projects on the back burner. There’s always car maintenance too. It can eat up a bunch in a minute.
This is the problem when you not on a budget and live above your means. Just living within your means and following your budget will keep you out of trouble every time. Especially as a couple relationship when both are out of control, so double trouble. One typically is saver and one is spender, if neither are looking at the spending problem and not sticking to a budget is a disaster waiting to happen.
The funniest calls. Dave had it w her
I now can preempt what D will say! I’ve used all those excuses in the past. Knowing what I know now, It is 💯 % possible to live DF and have investments
I solved my problems by raising my income. Living a 10k lifestyle on a 6k net budget. So, I interviewed around for six months and found a 14k net role (240k) as engineering manager.
Solved all of our issues. Our lifestyle didn’t creep higher than 10k and we sock away 4k cash in savings + my 401k.
I wish Ramsay would discuss more the possibilities of increasing income.
You make it seem like this is easy lol.
Most people making over 100k work in corporate America where there are defined career trajectories. It’s a matter of being hungry for promotion and chasing it. Many white collar workers settle for their current individual contributor role rather than management. They get cozy. If you’re serious about making money, it’s far simpler of a mountain to climb for somebody already inside the office than outside of it is all I am saying.
It's not that easy. Also, it makes people continue dreaming and overspending on the assumption that one day a new great job will fix everything. No. What people need is to be responsible.
My boyfriend and I make that much and after taxes take home 90kish. I’m also in nursing school full time. We were able to pay $20k in credit card debt in the 4 years of our relationship with a mortgage $2300 and a $500 car payment that will be paid off next month. We moved out of Dallas Texas to Fort Worth to the suburbs because we did feel the pressure to keep up with people pretending to be rich in the city. I can’t tell you how my perspective changed about $ just by moving to an area with hard working blue collar families.
Yep, blue collar worker here. My every day driver is a 2006 chevy cobalt. Make little over 6 figures and im sure im looked at like im broke and really dont care. I’ve learned to never let stuff like that fool me. The clothes people wear or the cars they drive.
Your boyfriend is using you for money. Wake up.
How is he using me for $? I dont pay any bills. My boyfriend pays them all with his own money. My job was school for the past 2 years where I didn't work. I just recently started working as a tech in health care and he hasn't asked me for one dollar out of my paychecks.
As my Advisor, Graciela Lynne Schriewer taught me; Combat the Financial planing crisis smartly: Save ambitiously, target 15% annual contributions, leverage ETFs and stocks for a diversified portfolio, and adopt tax-efficient strategies. Build financial resilience for your family with a strategic plan tailored to the facts and figures of your unique situation
Geeez that's a powerful quote. Who is she?? She sounds like someone well versed in Wall Street
She's a Wealth Professional Adviser.
her strong insights and management have made me over half a million, I am blessed.
I looked up Graciela Lynne Schriewer on the internet out of curiosity; she has a strong résumé
many individuals miss out on gains due to actually NOT having an Advisor is SAD tbh in this present day.
More money, higher bills. That's how it works.
Ain’t that the truth
That may be how some morons think it should work and they choose to go that path.
But apparently they haven't grown up yet
A grownup one understand that if you get a 50 %, raise your lifestyle creep either should not happen. Or it should happen only to not even half. The extent of that raves worse case.
It's called self-discipline, it's not complicated. It is not rocket science. It's just a tried and true fact of human behavior
So true.😅
Naples, FL is extremely high cost of living. Not surprised 100k is a struggle
They definitely live like everybody else.
So many people have car loans so high. Nothing wrong with driving a good older car you can buy outright. I don't get that mentality, to owe $60K on vehicles.
For my wife and I, the Financial part of Financial Peace isn't nearly important as the "Peace" part. I don't know if I will ever be rich, but it's nice to put four new tires on the car when we need to do so, not when we can afford it...and it doesn't even make a blip in the budget, because that money was already there.
Wow I could’ve written this! We literally had to replace all 4 tires on our car recently and thank GOD for our emergency savings we were able to pay for it without it stressing our daily budget. That “peace” part is everything!!
I keep hearing student debt is the biggest expense people have. If today you were told you need to invest thousands of dollars and have no guarantee on the return of that investment why would you ever take that offer. I think companies and colleges need to work together to have job placement after schooling to have a return on your investment. Otherwise why would you ever go to school.
I left my job last June because I was stressed out with work plus had other stuff going on. Fast forward to now and I’m ready to go back to work. While waiting to see if someone would contact me about the applications I put in, I saw virtual Mental Health Counselors making $100k - $150k 🤔. I told my husband I may do that part time instead since I’m licensed and put the federal positions on the back burner!!!
$100k is nothing for a family in an expensive area. We are in MA and make $100k and it is very tight.
All the guy says is mostly true but remember when your time is up you ain’t taking shiet, the hole is the same with 1 million in the bank or 1 million in credit card debt. We all the same. Splurge/live when you can but also save. Don’t be a tight azz with yourself either. Life’s too short. As one saying says, “no one really knows who we work for at the end” enjoy life, be smart save when you can and enjoy when you can.
We make $10,750 a month and live like royalty. 3,250 sq ft mediterranean home. 3 vehicles (paid off). Go to the islands twice a year. Have 265k in savings. Have 65k in ETFs, stocks, and commodities. Doubling our payments to pay off house now... we owe 175k and house is worth 415k.
Until your house is paid off, no island vacations for you. Doesn't matter what the house is worth until you sell it.
@@vbelbel490 Nope, We are going to Turks and Caicos Island in 9 weeks... sorry. 🤣
I’m about to turn 25 next month, and I’ve been laid off for the second time in a row from my job in tech presales. I’ve been anxious and stressed beyond compression as i work to find another job, and oh my gosh am i thankful to have some decent savings to help me get through. I can’t wait to begin a new, better chapter. The last 3 months has been just grueling and sad. Up from here
I'm 25 and was laid off last October where I was making 2k a week. I found a better job and started 2 weeks ago. I had savings to keep me calm. You'll find a better job asap
@@alexbob5209 hoping that to be the case. I got laid off beginning of December, trying to figure out what’s next. Tbh the hard part is not wanting to go back and do exactly what I was doing, but not having “the experience” yet to be hired for other jobs. Definitely in the messy middle
Good luck! You got this!
A simple case of keeping up with the Jones'
They got Jade making these video names 🎉. I love it
Naples fl ❤❤❤❤
Way i see it. You either got to live nitty or you got to make more money. One of the two. If im feeling broke, i find a way to make more money. Cutting back is good, but making more money fixes thing’s easier and faster.
Agree. It's an underrated strategy. Plus if you go for promotions to make more money you get to keep all that money going forward!
I wanted a new washer machine so bad but I heard dave say YOU DONT NEED IT!!!!!! ,instead I took the money and paid off a small credit card!
Our 1980's model still works great!
Sure blame the daughter. Kids pick up on that mindset.
Change vacations. I do a big trip a year and weekend trips every month (granted I like camping so we get REAL cheap) but a hotel room is less than 150 a night easy. 2 days is cheaper than 7 and there are plenty of cool things to do within 4-8 hours drive from you whereever you are.
Some people think because they make x amount they need to buy a bigger house and better cars and what not. Guy I worked with spend 260k on a house 5 years ago I asked him how he and his wife are gonna afford it they could barely pay 1500 in rent. A few times paychecks didn’t get deposited on Friday they were done Monday and it was an absolute panic for him the boss had to bring him money.
First it depends on where they live ,2nd peer pressure from friends and family and even colleagues,could be the profession that has these expectations.
Am I on the right track so far?
All hat ,no cattle as they say in Texas.
Get outta Naples 😂 would help ❤
Outside the mortgage my debt is the credit cards. My new years resolution is to pay most of it off this year. My last car payment is next January, too. There's nothing I need to buy outside bills than food (on sale) and cat food. Everything we do having to do with utilities is to cut corners--use the pellet stove instead of electric heat or the propane (we make a 200 g tank last 3 years), skip baths on weekend, hang about half the clothes to dry, wash on cold, garden from seed some of the foods we eat, transfer money from interest bearing cards to 0% cards (it's stupid not to--saves hundreds, potentially thousands) etc. etc. It's actually fun. In two years I'll have bucks to sock away into savings and we will do a little overseas traveling....
Hi Dave I like to thank you for all the content and wisdom you share. I've been listening to you and your team about how to get out of debt. I am a single mom of 2 and I homeschool my son and my average income here in California is $5/ hour yes that's the truth 😂😂😂 I don't have government support and I am happy about that coz I want to become an example to my children. I just only work long hours. Sometimes it's tough but I manage to pay off my debt and stashed an emergency fund. As well as I am saving at least 25-30% of my income and pushing myself to live below our means. Without your wisdom I won't be able to make it.
You are doing a great job but I would seriously consider hiring a lawyer and suing the father of your children.
Everyone needs to learn to budget and live below their means for life. Once you get the hang of it, you will see what a difference it will make in your life! A whole new world opens up and if you do it well, you will never want to go back to your old ways. And don't get sucked into the culture of spending, spending, spending and keeping up with the Jones'. Let all that go. Don't make it a part of your life anymore.
Good Point!😮
Not everyone, I worked overseas, 20 yr old clearing $200K and ALL expenses Paid
room and board, entertainment.
One of the young women was buying a house $10600/mo , 2 yr mortgage, 0% interest
@@aolvaar8792 You would be a more likable person if you swallowed a good dose of humility.
@@9liveslisa Try not to use totality words,
every, never, always, only.,,,
I use the phrase: without exception in the universe.
Your comment: Everyone needs to learn to budget.
Just make more money than you can spend,
and spend time trying to get rid of it.
Hoping my family of 3 stick to our plan and we will be debt free by end of next ywar
I make $130k a year and live in a small house. My friends have bigger houses and look at me and I can tell they look down at me because I have a small house, then their faces change when I say…… But it’s actually mine because it’s paid for. These ppl buying a $500k house and living stressed for the rest of their lives.
I like that quote “ you can get more stuff but you can’t get your life back “
Why didn't they have this conversation BEFORE they got married?
That's the part I am confused about. I'm really shocked they didn't call that out first.
Think part of the issue is they make 11.5k gross, but after taxes what do they take home? 8kish goes quick with mortgage, car payments, insurance groceries and regular bills. 🤷
But the hosts never asked if the amount is gross or net.. quite a world
8k is still pleeeeeenty of money to pay a mortgage and the basic bills.
If you can't pay your 50k car bills on 8k a month......time for cheaper cars.
People just need to do a budget and live within their means
@@marcenelj They usually speak in gross terms.
For several years I’ve had fun with my credit card and my limit kept increasing. So far I’m about $9k out of a $20k limit.
This year I’ve decided instead of having fun I’m going to be debt free on my credit cards. I have 2 store credit cards, one shared with the household so we take turns, but my other one I’m almost done paying off $2,500 for it. I have only $500 left! Then i will tackle the $9k.
Call your credit card company and lower your 20k credit card limit 10k
After several Dave Ramseys I took a beer yesterday at a restaurant when I'd actually gone for just a soft drink.....that killed me since I'm on step 3 of baby steps....the deeper one cuts the better...Yesterday's one beer is haunting me😂
It is hard to budget when your income is not consistent thats for sure but they need to downsize their cars and follow the baby steps
I moved out of Naples 1 year ago. It’s 4k a month to rent a 3bd 2bath home, living there is insane. Place looks absolutely beautiful but it costs way to much to stay there.
Titan Up!!! 😂
When we were in Baby Step 2 we thought that once we paid it all off we would treat ourselves to some expensive fun. Here we are today in Baby Step 7, still living like we were in BS 2. We do have some fun but we basically live a much more frugal lifestyle.
*wanting fruity pebbles*
Dave: NO, rice and beans beans and rice!!
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks this year. Hope to make millions in 2024
You are right, best approach i feel is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
You're right mate! I’ve been using a fin-market expert for two years now and I own a 7figure diversified portfolio from investing in stocks. Currently, my portfolio is worth over $900k.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Nicole Desiree Simon is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
george was checked out on this one, due to her conversation style. he didn't mention the cars, ask if they had a budget, or anything
The psychiatrist in me heard "my husband doesn't make as much as me and I'm the one with the degree and the kid. Don't blame her for wanting to protect her kid but your married and it's a together thing now. Fear in relationship is real but faith hope and love get you through that fear.