Ditching Debt Is the Fastest Path From Stress to Peace | July 16, 2024
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- เผยแพร่เมื่อ 25 ส.ค. 2024
- The Ramsey Show (July 16, 2024)
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- "Can I use my inheritance to purchase a truck?"
- "Should I do the Baby Steps out of order?"
- The facts about extended warranties,
- "We have $150K in credit card debt,"
- "Should I consider a short sale of my house?"
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Lol I always find it funny when people call in and say “I’m on baby step #.” And then proceed to prove they aren’t following the baby steps at all with their questions haha
Correct! Or that they even know what the damn baby steps are 🤷🏽♂️🤪😂
Not acceptable.NOT FOLLOWING STEPS; He's making it up as he goes.
Caller #1 calls in to a national radio show to yammer on about $170. What in the world?
Right? Surprised Dave was on her side
@@hasani9110 I was waiting on Dave to say it was dad’s place to communicate with his daughter on this.
These type of people exist. I've met them, unfortunately.
Sat on hold for hours 😂
0:42 Caller 1
13:01 Caller 2
21:48 Caller 3
33:00 Caller 4
43:38 Caller 5
47:39 Caller 6
53:46 Caller 7
1:00:51 Caller 8
1:05:55 Caller 9
1:26:58 Caller 10
1:32:57 Caller 11
1:38:22 Caller 12
1:46:00 Caller 13
You’re welcome 😊
First Lady forgot the “live and GIVE like no one else” like dang. Can’t even pitch in a little for your husband to be able to have his daughter ma grandchild there even if you don’t like them? And you’re on BS6? Sheesh 😆
Who, being on baby step 6, would not just refund their own child $170. Are you that hard up for the money?
that would not change my life- I agree with you.
Seriously. What’s wrong with people
Two years and the stepmother is already fighting over 💰 money, control and some kind of power. Geese, you already have her dad! Let him be the man over HIS own daughter thank you. 😢😢😢
@@Cindy-df1xkgeesh
I think she cares more about “teaching her a lesson” or making her grow up….I think I’d care more about keeping some part of the relationship more than the $170 🤷🏻♀️
First caller is obnoxious. It’s $200. Get over it and move on
I love Dave's lady voice "I just wished we communicated more" 😂
"I did then what I knew to do then. Now that I know better, I do better"
“Those convinced against their will are of the same opinion still”--17th-century English poet Samuel Butler. Nice literary quote Dave re: caller one. :)
He was quoting his grandmother
@@pamsmith1665does it even make a difference Einstein in the main point just keep on walking nobody needs you point Dexter! If the person says the quote from somebody then it is Google it
His Grandma was THE Samuel Butler???
I used to struggle with my past financial mistakes like Brea. The biggest regret I had was student loans from grad school. I agree with Jade’s view and the Maya Angelou quote. What also has helped is this realization from my husband: if it hadn’t been school loans, we would have spent the money in another foolish way before we knew better.
wow that's a powerful reframe. gets us out of trying to change scenarios of the past and move on and be present in reality
She probably feels upset. Also, you’ve been married to her father for two years that’s been his daughter 21 years think about it. He needs to help her. It’s only $100 and the family will be together. Family is what counts if you are in this baby step you say you are, you are able to help her as an adult what Dave Ramsey says you’ll be giving person, that’s not giving person to me
She’s actually 30 years old with an eight month old grand baby. But, I agree with your sentiment completely.
The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!! 😆
I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters
Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've experimented with a few over the past years, but I've stuck with ‘Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info
$170? Acting like its $170,000…. grow up
I love these all-call shows when Dave is on (No segments with celebrity guests or debt free screams.)
Whats the reason behind not liking the debt free screams?
4:10 first caller, you have NO RIGHT to judge what your adult step daughter spends money on!
Good she figured out that she couldn't afford it. Had she asked begging you would have hiven her yhe money back? I call Bull. If i were her, I would disengaged completely from this family because i think they are holding the money from her out of spite. Adult dsughter is not an alcoholic! That was completely out of line. Adult daughter has your grandchild to take care of and you all refuse to give her back $170 bucks she gave you? wow. hope you really feel good about yourselves!
I thought this was excessive over $300 dollars.
@@waynej.sutherland4359 Especially for someone who claimed to be on baby step 6 - this was about control and making the husband choose between the new wife and his kids - rarely a good idea in a blended family.
@waynej.sutherland4359 NO
1:11:00 added to "what's your philosophy around debt" would be "what do you CONSIDER debt?" We hear so many callers who don't think of car loans or student loans as debt. Food for thought.
Baby Step 6 and we're talking about $170? Am I missing something here? 😂
Yeah, I was thinking the same. Why all of the drama over some chump change?
Not the money..Pattern of behavior and entitlement issue.. if you listen to the entire call
@SabrinaB6123 yeah more of a relationship call rather than finance for sure
@SabrinaB6123 it is the money they are very petty very small..
She asked this woman that she has a 8 month kid to come on a trip..
And she says I am 100 dollars short, can anyone help?
No one gave a sh t, we don't owe you and no one wanted to give 20 dollars etc. Her father didn't want to give 50 or 100..
And she calls Dave Ramsey to say... oh what should I do? Should I give back the money?
She needed to beg me and I saw she had money for other things and bs all around..
Very petty behavior from the family..
Cause they invited the daughter on a trip and because she was short and probably in need of money they also ate her deposit..
It is their right to like or not like or not invite anyone, but it was totally about money and issues..
They use money as an excuse to create drama.
Even if the daughter has some character issues, she didn't received no love from her family you can tell there is nothing there
First caller is so obnoxious. It’s $200 bucks, move on.
Life is short. Family is family. There are no step or his children when you love your spouse. 😊❤
Love how Jade changes the dynamic w all the other folk she works w, especially Dave, he’s a bit more relaxed and cheery
As a mother I would have given the money back.
Not the mother
First call - more than $170 worth of energy spent.
Jade and Dave are the best hosts.
Wrong, Dave and Ken
Jade you look so beautiful
When since i came across mr dave Ramsey i have spent that much, i spend my money wising
Am with $100,000 am have a good home for my family ✈️🫂
My brother is jealous of me because I bought a house of a millions £20,000 yearly, he try to take my credit card from me🙂↕️@@ElizabethCharlton
I love this call show Mr Dave@@Davincijeremiah09
Am watching from Germany Frankfurt am main@@ElizabethCharlton
Dave, I just moved from one state to another. I had budgeted $12,000 for the move. It wasn’t enough! Yes, I did get ripped off by the moving companies…..it’s a big racquet these days. He should budget at least, $15,000 for a long distance move! (And then a bit more to replace the furniture they destroy and boxes they lose!). Because these “professional movers” don’t care how they handle your property!
I've moved a dozen times or more in my life since I was a child. Never once used a moving service of any kind. We packed and moved ourselves.
You can do the same even moving to a different state.
@@Truckerdaddy There really isn’t a ‘we’ it’s pretty much only ‘me’, and I’m 70 years old with cardiac, kidney, and back issues. I can’t lift furniture by myself. I packed stuff into boxes, all they needed to do was move it and some furniture. I’ve moved before too, never used a “ professional” moving service before though. It was the worst. Almost all my furniture was broken in one way or another, boxes were crushed, some of the boxes were lost. They ripped a computer desk in half, tore the top off a piano ( digital) and ruined the electronics inside it so it no longer works. I wish I could have done the move myself, but I physically couldn’t.
@@sallyprzybil2404 they are supposed to carry some form of liability insurance if im not mistaken. You can take them to small claims court to recoup your losses on the damaged property and court fees.
@@sallyprzybil2404People don’t realise how suddenly life can take you from being able to do these things to not being able to do them. I heartily wish I had not amassed so much stuff throughout my life, so that either shifting it or getting rid of it would be less of a struggle.
@@sallyprzybil2404 I hope you were compensated for their negligence!
I still keep a physical checkbook (checkbook/calculator combo) and reconcile the register regularly. I rarely write checks, but using a checkbook register keeps me disciplined in tracking my spending and saving.
Poor dude is simping for a single mom with 2 kids and he knocked her up with a 3rd. Living on poverty wage and shes trying to tell him NOT to work?
Simping is costly fellas!
This may be the lesson he needs to become the leader which could be what she needs in order to be able to trust him enough to be making good decisions and it would also help them learn to work together as a team which is always beautiful to watch as a person that is terrible at it and just prefer to do it alone
i am watching from pakistan ❤
I appreciate that you did this particular email question. I never realized financial infidelity was what I lived for 26 agonizing years married. Thank you for validating what a horrible thing it is for a husband to demand a wife to live in anxiety and fear financially. Thankfully I am divorced and in the sell of the house, a ton is going to pay back taxes, credit cards and even a lien on our home that I wasn't aware of. I love these videos to stand strong alone and actually have money for my future
How do you not owe her the money back? She gave you money and decided not to go on the trip. Why would she not get her money back?
Step mom should stay out of this. If she is husband's daughter, husband is the one who should be dealing with this. END OF DISCUSSION.
I feel sorry for that last caller. I thought they were harsh on him at first. After listening to the follow-up segment, I see why. Hope he's able to dig out of it. I've made mistakes that have cost us years (not quite to that degree). Fortunately, my wife has stuck by me
Must have been a slow start to the show. I could not believe the amount of time spent on that first call for $170 and $100 from someone who is on Baby Step 6. Stepmoms should leave any financial discussions and decisions about the husband's children to the husband. She knew she was marrying a family.
Scary- who does that! Mommy dearest😏sounds like she is just jealous weirdo against the great relationship with her dad. Shes a daddy's girl- leave it alone. Go join a book club on blended families.
That was some bring-the-popcorn petty family nonsense, but how much of a history of this must the daughter have that five family members/couples wouldn't cough up $34/apiece and even Dad was like, nah?
Yea i had to stop mid call. So annoying. Just cover the stupid $170 bucks i wouldn’t do that to a friend, especially over a small amount and how many families pitched in. That’s like 55 bucks a family.
You guys obviously didn't listen to the whole call before throwing your 2 cents in... the dad was saying no and the entire rest of the family... 🙄
the dad was probably fixing his engine on a car when he responded like that- or maybe he is just used to his insecure wife that he just agrees to agree. Step mommy is just a weirdo. No step daddy ever walked into my life when my father past away when I was around 4 years old. My mother lived and died alone. This is why " Iam who Iam today"!.
The guy who just found out about his girlfriend's debt. I'd be curious how he found out and how long they've been together. That would tell him if she's really changed.
First caller, Alyssa, has a HUGE ego!
The lady who emailed about her husband’s ridiculous money habits, and thinking of ending her marriage if I treated my wife that way, and my dad were allowed to know about it, I can only imagine what he would say to me
The Lord knows she needed her dad’s health and no one’s giving it to her. That’s so sad.
Love Pappa Dave ❤❤
Me 2!
Do you consider missed opportunities as debt? As some kind of burden you carry around. Well then I agree with you
1:02:27 The irony is rich: a woman goes heavily in debt to become a child psychologist, only to stay home with the child because she paid dearly for a degree that taught her that staying home with a child is beneficial. Juicy stuff...
1:42:00 this callers attitude was very off putting. “I can’t cut up my credit cards, they are metal”. Pray he changes for his own sake.
Here's another example of Dave not knowing anything about investing but giving his opinion anyway. Selling covered call options is a conservative strategy to make a portfolio generate more money. You cannot go "upside down" on it.
If my own kids ever needed any kind of help I would do everything to help them out, period! She might be testing her own dad out to see just how much he truly loves her and would do anything for her? She’s the stepmother and in my opinion she should mind her own business and let her own dad deal with this money 💰 thing. Sounds like they the daughter and new stepmother are fighting for some kind of power struggles, sadly. 😢💰
I loved Dave’s answer to the stepmother! MOB
Last caller could reject the Nevada job and find another job locally until he could sell the house.
for Jawan... she is probably on assistance and doesn't want to lose benefits. If she gets married she may not have insurance, etc.
You may be right...she could be getting benefits and wic , maybe even housing if she is not currently employed.
Story as old as time
Caller one! Yapping all about for $170 on mational radio while in baby step 6?
I am sure you are enjoying the 5 seconds of fame while the relationship between father and daughter is being broken? Its $170 and she is not going, so give her the money back. Even hotels and airbnbs are refundable till 24hours before check-in. You are out of line and if she takes you and greedy family to court, she will win everytime
Jade is looking pumped! ❤
Where can you go on a family retreat for $170. I would like to know.
$170 was part of her $270, the total if you walk through the shares based on everything she said is $1,460 and that was cabin only...not food, not transportation, not activities, etc....
I believe Alyssa said that the majority of the trip is covered by grandparents ( her parents or her husbands). The $270 was the portion each family was asked to cover.
😂
5 families were pitching in for a cabin rental. $170 was the deposit from each
...please listen to the calls before commenting...
Regarding Matt who writes/issues call options against his stocks, Dave is not familiar with covered call writing. The only risk you have is that the stock that you own gets “called” by the option buyer who paid you a premium for the option to buy your stock at an agreed upon price. It’s a good strategy to generate income on stocks that you own. What is risky is to issue “naked” options. They are called naked because you don’t own the stock and if the stock is called you have to go in the open market and purchase the stock at current price to deliver to the speculator who paid you the premium. That’s what is extremely risky to do because you have unlimited risk.
Yup, I thought the same thing during this call. Dave just heard the word "options" and assumed the worse risk possible. The guy's strategy was perfectly legitimate and not high risk .
Yep. Writing covered calls is like collecting rent on your stocks, but the renter has the option to buy you out. Dave is not versed in that relatively low risk strategy. He’s all mutual funds and that’s that.
I still do a doubletake when Rachel calls him Dave. I worked at the same place as my Dad for a while and I never called him Dale. That's just weird.
i think its okay- depends on the family and how they choose to address it.
@@badlands9100, no, it's just weird.
False. Calling people 'dad' in the workplace is the weird thing.
He explained why they do that. 😂
@@amireallythatgrumpy6508, well sure, it would be very weird to call people Dad if they aren't your father, but that's not what we're talking about. If you see a friend out in town and they have a parent with them, you wouldn't be surprised if they refer to that person as Dad even though you call that person by name. If you take a parent to the doctor, you might call that person Dad while they might call him Mr. Smith or whatever his name is. And if a friend goes with the two of you, the friend might refer to him by his first name. And if your mom goes, she might call him Honey when talking to him and call him by his first name when referring to him to others. That's just normal. Why would we think that we would stop using language that expressions relationship when the only difference is that we're getting a paycheck from the same accounting department as the other person?
I waited until I was married to have step children.
Jade looking beautiful per usual. Those braids are 🔥🔥🔥 by the way
So disrespectful to say "Fauci pandemic." Hurtful. Just last night Dave is saying how to cool the temperature and not focus on people.
Did you watch Fauci report to congress a couple weeks ago? In my opinion and that's all it is my opinion "Fauci pandemic" is pretty accurate
It is disrespectful. The entire world was dying and there was no cure. He needs to stop with the comments or go get a medical degree and step into the pandemic ring. Always easy being the arm-chair quarterback
@@waynej.sutherland4359 All I did was state my opinion. Hope you have a great day.
@@chriscatullo7324Calling it the Fauci pandemic is basically calling it the Trump pandemic (which is ludicrous). Covid devastated many countries and killed thousands before it even got to the U.S. Calling it the Fauci pandemic ignores the reality of the worldwide consequences of Covid.
@@chriscatullo7324It was a pandemic and it could have killed me (I’m a heart patient). My friend caught it and it wrecked his lungs. He was on a ventilator for 75 days and still totes an oxygen tank around 4 years later. It killed another acquaintance who was healthy and 36.
Ted, what the heck dude. Putting your entire family at risk
I saved for my carpet
My sister Liz and her husband both work 2 jobs each.
My brother has a lot of debt. They have credit cards.
Suzi from Florida, this relationship is done. Leave.
Any female wanna split the cost for a cabin
A little background…. 61/yo pices from the Caribbean and easy to get along with 😊
what a stupid response to leasing cars. It's math. The depreciating liability costs more. why you would you say something so ignorant?
🎶👍
Can the show re-post the clip about kids bank accts and teaching teens about money!
A+ Dave wisdoms that I fully agree with. Exactly what I do for teens and college kids.
When you are 100% independent you can independently manage your own money, until then there is a level of cooperation and teaching. I have done strongly encouraged savings for my big kids forever, half of earned $$ goes into a savings that I keep an eye on. Mainly to stretch out summer earnings and budget for bigger expenses like college and cars.
What are all of the steps?
I listen to Dave Ramsey all the time but he does make some ignorant comments. I don’t understand the beef he has with Dr. Fauci but over a 1 million Americans have died. I’m sure Dave has an Accounting degree, but probably does not have one in medicine. He really needs to stop commenting on this topic.
😂
Dr Fauci is a Doctor but has trouble telling the truth, Read Robert Kennedy's book, The Real Anthony Fauci.
Dr. Death you mean? 😂
AAGREE
Agree ..sounds real ignorant..and Jade please ..your too smart and intelligent to repeat that nonsense 🗑️ Fauci didn’t cause the pandemic….the disease 🦠 did
Disagree 100% with Dave on the car warranty idea.
Back in 2021, id purchased a 2019 Chevrolet, with 30-something thousand miles. It had already depreciated about 60% (was about $10K out the door) and figured it would be a safe bet, given how new it was, and the low mileage.
My wife disagreed, insisted on buying the $1,100 100,000 mile warranty - and thank god she did; because despite us having it maintained AHEAD of schedule, every 2-3 months; the turbocharger on it blew up; and took the engine with it, before the car even hit 60k miles.
To top it off, it was in the middle of covid, so parts and labor were practically non existent.
3 months later, the car had a brand new engine, and turbo; and the warranth company got stuck with a $13,000 bill (more than the car cost us)
We sold the car a week after we got it back, no longer trusting it (despite a new engine) - and actually made a profit; selling to Carmax of all places.
Yes, (generally speaking) you may not need an extended warranty; but it’s kind of like LIFE insurance.
Never think you’ll need it, but god help you if you do/did, and never bought it
Just get the warranty. You’re already cheaping out buying a used car.
I agree about the 100.000 mile warranty from the dealership. However, I would not trust the "aftermarket" variety which is the type the caller asked about
@@juliac406 mine was aftermarket, not from the dealer
Your first mistake was buying a Chevrolet.
@@striperkid (Laughs) - in hindsight, you're not wrong.
Was a nice car, until the catastrophic engine failure. (laughs)
@@ThatGuysGuitars eh, at least you came out on top. Good win !
At the guy who’s Vietnam get dad passed
Was your dad also multiple Covid vaxxed?
My dad passed last year - he battled those same illnesses from agent orange and I feel the vax sped things up
You are reaching. Seriously? Agent orange and you want to blame the vaccine? Good grief.
He won’t be able to tell you, he only cares about spending that money. Dude probably forgot his dad’s name already.
@@nowthatsurban well that’s sad
Why is the cruise shipper singer speaking about finances?
Because her and her husband's achievement was to pay almost half a million dollars in debt (most of that debt was student loans).
I enjoy watching the Ramsey show most of the time, when it comes to finance talks. However, I also think it's funny if anybody uses anything outside Ramsey sponsors and partners are stupid and don't know what they're doing. Anything slighty outside his products makes him pissy. I also find him to be hypocritical at times. He talks about biblical passages, but advocates for divorce just because dude doesn't go on a budget. Some of his teachings are dangerous in that respect. Dave and crew need to leave everything outside of finance to the real professionals that specialize in these topics
I don't agree with giving her the $170, she spends her money on what she wants and then cries I'm Poor. She needs to take responsibility for her actions and choices in life. Sorry Dave
It took 20 minutes to get just two calls in at the beginning of the show? Must be a slow call-in day, and Dave can't think of any idle chitchat.
My brother is jealous of me. I never ask him for money. Brod always ask for money from Dad. Dad is dead. I am the eldest.
I have a piggy bank!
My brother got all of Dad’s money. I am the eldest. I don’t have Teofilo Edades email address with social security.
My brother is greedy selfish and takes all Dad’s money. He lives lavishly.
My brother got our Dad’s death certificate. Liz and I don’t have a copy.
My brother has more debt than me. They don’t watch free TV channels. They need movies and pay per view.
That girl is gorgeous
Jade is so fine!!! 😍😍
Buy and hold bitcoin folks don't be fooled.
K
Bitcoin Conference in Nashville his weekend. Trump will be a speaker, maybe he will stop by the Ramsey compound.
...good one...happy trolling...
Dave the numbers show, nobody likes this cohost, get a new one. Can't watch
Speak for yourself, I love her!!!
@@teresiaify there's always one
Jason, pay off your home and stop spending.