I Feel Like You're Going to Stay in Car Payments Your Whole Life!
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- เผยแพร่เมื่อ 8 พ.ย. 2020
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Im convinced some people are calling the wrong number and just start talking lol
🤣🤣🤣🤣
Man this is so true! Hahaha
They hear two sentences about Dave, don't research anything else he's about, and call the show and get offended when they find out more of what he's about.
True, this person said “Okay...” but I didn’t hear anything in their voice like “You’re completely right let me get rid of this thing costing me money.”
WOW so true
My 2005 Honda Civic just drove across the country for the 3rd time! Take care of it and it will take care of you! No payments equals freedom
Fully agree with you bro!
Bought a 2009 Civic with 81.5k miles a year ago for 6k cash, best decision in my life. (Sold the truck and got rid of the 650 month payment+1/3the maintenance expenses).
Got a 2005 jw jetta I’m 19 with 12k in the bank no debt and my friends who pay $500 a month with 40k in debt laugh 😂
Absolutely. Just purchased a 06 Pontiac vibe (they have Toyota motors) for my business and it’s absolutely perfect for us and completely paid offfff
Love my civic. Paid off, one of my favorite things I own 👏
My job doesn't match my personality either but I'm still doing it😂😂
Yes let’s leave a good job and go back to minimum wage. Blows my mind.
Lol does anyone's job match their personality? Cause I feel like I should be the queen of small yet properous land.
Katie, I heard that too. For my personality I should be the Lady of Downton Abbey. Wheat toast at breakfast, please and of course, since I don't have to live by my wits or have to handle money at all, I'll take tea at 4:00 P.M. and let's invite fancy people who live on minimum wage. Right.
I fell out when she said that 🤣. Barely anyone likes their job get over it!!
head tilt lol
I’m debt free minus the house. Still driving my cash car to the ground even though I can buy one tomorrow. Once you get over the “need” for a new/fancy car, life gets easier.
100% agree brotha. I love having ZERO payments on anything.
Amen 🙌🏽
Facts my brother
Same. I'm still driving my 2006 Chevrolet. As long as it's still running, I'm driving it!
I'm driving a 2007 Jeep Liberty with 177K miles on it and was wanting a new 2020 vehicle. I don't need a new vehicle but I was planning on getting a new 2020 before the Pandemic hit. How do you get over this feeling of wanting something new & shiny when you don't "need" it ?
Life changes when you realize nobody cares what car you drive. And you can drive a cheap car that you keep nice.
I don't know i like when I get thumbs up from complete strangers on the road....makes my **** grow 1/4 inch.
You make no sense
That’s the dumbest thing I’ve heard
2007 Honda Accord, no problems.
People DO care what you drive, but I think the main point is that you have the option to care about what they think, or not.
Why did she even call. She's in debt, she wants to get some more debt and try to keep her payments low. Dave Ramsey can't help with that, tell her to talk to the dealership.
I work at a dealership and even we cannot help her. She is delusional. No way she can get a truck for less than she pays on a car. She’s 75% of customers. And yes I’m mad lmbo!!
Shes in a mindset where if her car payments are low that doesnt mean shes losing too much money... Typical. "We use to pay 300 for our car but now we pay 200, we saved 100 a month!" But in reality in the long term shes losing more money no matter what as long as you have car payments lol
Saving is like a sport, it’s addicting to the point where you feel guilty when you decide to reward yourself, thank you Dave!
It really is. I enjoy seeing my brokerage account increase hella more than I enjoy buying anything.
That is my problem now. I have more money than I’ve ever had. But have an internal fight with myself to splurge and eat a nice dinner at a restaurant. Never thought I’d be having these kind of problems 😂
"The decision making pattern you guys have Sucks!" 🤣🤣🤣
Oh kayyy
I think he pronounces it as shucks!
Makes $70k buys a $20k car wants to get out of debt but also wants a truck this reminds me of my self brothers dad when I said I want blank he always said what's it like to want?
Little harsh, but true
I love Anthony. He's always respectful, kind, straight forward and patient. He has such great insights and advice.
@K Gray was thinking the same thing
Anthony is the man!
Agreed.
He literally just regurgitates Dave, he’s like a puppy.
Yikes! She lost me as soon as she said they bought a $20k car “on a splurge”. That means they’re impulsive spenders.
When I splurge it's right after payday, and I order a round of shots for my friends and I.👀😂
I would’ve been sick after that purchase. Should’ve used that $3000 down payment and bought a 2010 Toyota Corolla and called it a day. 😂
When I “splurge” I cruise the $0.99 bin for a DVD. Then TRADE it out for a little variety.
She sounds like someone who needs a new surfboard but lives in the mountains.
"Bought it on a splurge" , "higher paying job didn't jive with my personality" sheesh. Logic over emotions people.
There's nothing wrong with taking a lower paying job because you like it more. But yes impluse spurlges are never a good idea
@@julinademooy7206 Absolutely right... once you're out of debt and have an emergency fund. But even then, it's probably still not a good idea to trade an actual career for minimum wage because of personality mismatch. That's childish.
Edward Mauer it’s possible she was fired FWIW. I mean it sounds like a situation where hubbypoo takes care of all the hard decisions anyway, given that she’s working minimum wage (and I’d bet money it’s not full time either). She just doesn’t come off as a serious person on this call
Julina DeMooy Theres nothing wrong with it when you're not up to your eyeballs in debt. When you're in debt you put your feelings aside and make as much money as you can to clean up your mess.
@@edwardmauer7442 she might have lost that job.
The caller: "okayyy...."
The callers mind: "I don't like hearing the truth"
She did not come to hear that.
Lol I literally read this comment a couple minutes into the video and that “okayyy” was the only thing the caller could say
She is going to totally forget about this call. Good salesmen are going to make all of her decisions.
Dave’s reaction when she said “that career didn’t match my personality” 😂😂😂😂
Well that exists. Would a really shy person that doesn't like people and has a short temper be good in sales? Would a people's person that loves to talk to people and loves moving and being energetic be good in radiology where they are in a black room all day with no people? Personality matters in a job if you want to succeed and enjoy your job
I'm introverted and anti social my career is in sales sometimes I think its funny but it seems to work out for me
Some people’ personality are lazy. I think being governor is the only option
@abdullah7792 shouldn’t matter. I don’t go to work to have fun and I don’t live for my job. I work to earn a paycheck, and when I clock out, the job is out of sight and out of mind. As long as it’s ethical, I’ll go where the money is
“Career doesn’t match personality?” LOL. I’m an introvert/extremely shy and my job requires me to talk to ppl all day, been doing it for 12 years and got a few promotions along the way and making a fine living. lol Sounds like she’s making excuses.
What do you do?
I’m highly introverted and worked at a call center for 2 years. No excuses. Just did my job. Was it miserable? Yes! But it was necessary at the time.
@@redcomic619 🙌 it's called grit.
You motivate me to keep pushing along
Time to overcome being shy, no reason for you to be that way, have more self confidence.
she seems proud to be making $17/hour and gave up a $75K job just because it didn't fit their personallity. I am not saying you should stay in a job that you hate but at least plan to find another job while working there so that you don't go from $75K to making $35K.
I am facepalming so hard listening to this lady. How do you not know that a lower monthly payment equals a longer loan and more money paid back? Her parents and the education system have failed her, is all i can think.
She makes minimum wage. She's not einstein
As a former college math tutor, some of my former students couldn't even add 1 digit numbers together without a calculator, but they somehow graduated high school and got to college...
@@FatMenace that's kind of rude. There's lots of really intelligent ppl who make minimum wage because of life circumstances or perhaps they're working to get experience on the job. There's something to be said about humble beginnings
Julina DeMooy to be fair, while income is certainly not indicative of intelligence, it is correlated with intelligence (like you’d expect the CEO of a billion dollar company to be smarter than the cashier at his grocery store, though it’s not necessarily true).
But when it comes to the jab, it’s not just the income, but it’s her justification for her actions, that can make one reasonably conclude that she’s probably asleep at the wheel of life.
Yup, the American education system does not teach financial responsibility or anything to do with managing finances. The parents could also just be the typical American family in debt living paycheck to paycheck so they are not doing a better job either.
Could you imagine if they tried to explain to her what APR is...
The car would be paid off by the time the video ended
@L3ttuc3 and she would’ve gotten a much more expensive car with more than double the payment than she previously had
APR?
Like a cow staring at a new fence.
"You kinda feel like somebody thats just gonna stay in car payments your whole freaking life to me." ... ... ..."okay...?" lol
Anthony is easily one of the best Ramsey personalities. He’s very natural being on air
Disagree
I miss Anthony! Does he still work there?
@@lindsayclark4009 I miss Dave, more and more.
What’s his full name
He was one of Dave s yes man. "Yes sir" "Yes sir" 😀
Trying to get out of student loan very intensely, can’t even fathom a car yet, following Dave’s plan. Funny how when you’ve been watching Dave for so long you can anticipate what he’s going to say to those people.
I was there. Student loan debt-free now by doing what Dave Ramsey teaches. Frugal life then and now.
Keep at it Jackie , you’ll be so proud when you’re done ! Good luck 😊
@@ayela562 thank you! Set to be debt free next July 2021 :D
I am all for student loan forgiveness
My job doesn’t match my personality. I have zero car payments and I sale cars for a living!
Why would you get a car then say you want a truck like you know test drives are a thing right
A truck for hauling air? Don't understand people who will never use a truck want a truck
They like the look. Shallow people I say.
@@datapatch7381 all from marketing. Pickups used to be the poor working class vehicle now they are the new BMW
@@JD-yx7be there is a lot of daylight between "being a landscaper" and "never using your truck as a truck." If you need a truck once a year it's not really worth the extra expense. It's a luxury/vanity purchase at that point, though that's fine if you can truly afford it. But for some people their lifestyle brings them to a tipping point where the extra utility is worth the extra cost.
I have a desk job and used to just rent a truck when I needed one. Worked fine for a while but once I bought a house I started needing a truck once or twice a month so it was worth it to save up and buy a modest, used truck to replace my old car. It's a useful tool.
@@dohczeppelin37 For the average homeowner a minivan can give you 80% of the utility of a truck and fit more passengers with better fuel economy. On the occasion you need something bigger rent a u-haul. Sure they aren't as "cool", but they're a better value for most people. However, you're still better off buying the used truck than the average American.
Anthony's reaction to "are we going to lose money?" He's like uh...did you HAVE money??? He was trying to figure out what he missed
If Dave was Latino, the first words that would've came out of his mouth after hearing her idea would be...
No mames guey
Ay, picante !
😂😂. Yup. Or "no me jodas"
@@stephensantiago603 💀😂
Epic wey!
Or "te pasas"
This woman is every car salesperson's dream. They just want someone who only looks at the monthly payment and doesn't care how much they are screwing her.
Love his car rants because they're soo true! Like Dave says , you consume a car. I've never had a car payment. I buy a BASIC 1 to 2 year old car, (cash) then drive it between 15 to 18 years or more.
Same! I've never understood why you would want to have another bill to pay every month.
Bought a 6 year old, 52K mile car, for 11K, drove it for over 10 years, sold it for $2900, so in the end I spent $75 a month on a car. 1/7th the average monthly car payment.
Up to 18 years ? You were lucky probably didnt put 15,000 miles a year on it
@@eddiekulp1241 I average between 8,000 to 10,000 miles per year.
The most car for the least $$ happens at 40 months.
Every time I see a new car I wish I could buy, my mind rationalizes a way to make it happen, but right when I get away from the "me driving it on the highway" day dream and think about a payment, I smile cause I'm not driving that car lol
I bought a 2013 Ford E-250 and plan on keeping it for 20+ years. I even stay overnight in it. One of the most practical vehicles I've ever bought.
It's also your profile pic haha 👍
If it’s paid off then there’s no problem but I’d take a paid off Prius over a car payment on a dually any day.
I love Dave’s straight forwardness.
Dave is the logical voice we all need. This caller is the perfect example of how millions of Americans function and that is terrifying. Anyone getting ready to impulse buy something expensive should listen to this call first.
Another call, another person with no clue. "They lower your payment by extending the time." "Oh...". 🙄
I was once watching an Aaron Clarey video and he told a short story of a lady he was talking to at an old job of his. The lady opened a 401(k) account, never put money in, and was shocked it was empty. He’s way more jaded than any of us, though, so he gets a good laugh out of it while I just cringe.
Car payments why
Just to appear "successful" while drowning in debt.
Unfortunately, they are normal!
Because it's more wise to get a loan than put all your money into a depreciating asset. You could just get a loan with little to no interest and use that money for something else.
Or buy an expensive car with cash, and then never get that money back.
This call was hilarious 💀 - she was like "OKKKAY....." 🙃🤣
“If you read the whole book of Proverbs you automatically have a Master’s degree in finance.”- Dave Ramsey
People are dumb I can’t . But We need people like this keeps the economy going . Lol people wake up .
I have a 2007 explorer and 2016 Corolla, both paid in cash and thus far zero issues. I just spent $189 for my Corolla to do the 60k mile service (a.c filter, intake filter, oil, oil filter, transmission fluid, serpentine belt, and new wipers) gonna do the service myself in my garage because the car is so basic working on it is easy. Live below your means and life starts to feel like you're living on easy mode 👏🏽
The subtle “mmm mmm mmm” at 4:03 😂
Geez, I thought Dave was gonna lose it he handled that one better than I thought.
I like what the guy said about impulse spending. Every time I do my budget I try my best to delay a lot of purchases because usually within the next two days I no longer want that item anymore.
Most people I talk to REFUSE to drive the same vehicle for 10-20 years....SMH
"The goal is to pay it off" 🤣🤣🤣🤣
can we trade in the car we JUST bought? congratulations you just throw 20% of the cars worth down the drain
It's already down the drain whether the money is liquid or illiquid.
My dad gave us a Camry that has no a/c and I have a car that was given to me by my boss when I took a GM position. It looks awful and one door is completely smashed in but it's saving me money!
I just bought a 5 year old kawaski Vulcan. I love it but I feel a little weird that its worth more than my other two cars. Lol
What do you do for GM?
@@Yugiboii by GM i meant a General Manager position. I work at a restaurant. But i can totaly see why you would think THE GM
Anthony has a great radio voice and demeanor. He could easily have his own show.
Dave better preach! "He who is impulsive exalts folly! "
I love people like these - they'll not only be in car payments for life, but also renters for life. People like them keep making me wealthier.
@@hornetguy9063 That is udderly amazing. Never heard of borrowing for a vacation, but it certainly doesn't really surprise me. Easy credit and buy now pay later - are what make the rich get richer and the poor poorer!
Wealthier, how so? And you love them?
Only poor people think about the monthly payment rather than the total cost of the purchase.
That's why they remain poor.
Car payments keep you poor. Averaging 500 a month. I don't think I have spent more than 500 on maintenance and repair the entire year. And my car cost less than 4 thousand dollars bought with cash.
Me too. $18 oil change and $13 for a headlight bulb. That’s all I have come out of pocket all year on my car paid off in 2004.
@@TheCbone1979 Thats awesome! What kind of vehicle?
@@TheCbone1979 stop lying.
@@bluecollarmoneyinvestingch396 1999 Nissan Sentra
@@jkairi4 it is true, with be caveat that I am doing bunches of telework 😀
Some folks start looking for a new car the day they make the final payment on their current car. I knew someone who did this nearly 50 years ago. It's nothing new.
I enjoy driving my cheap car that I paid cash for. I feel like every time I drive I'm saving money 💰 that would have been spent on the expensive car. I have fallen in love with saving money.
The woman's Goal: Minimum wage to $17 an hour in a year
Manager at the end of annual review: Here is 0.37 cent raise
My boss once gave me a 0.50 cent raise and the look on his face was like he'd done me a massive favor.
Happened to me. Out of the blue (how benevolent of him!) my boss decided to give me a 12% raise. He then said it would put me in a higher tax bracket and I would actually be taking home less money. Maybe he should let me do my own taxes.
I don’t agree with Dave Ramsey on a lot of things. But staying out of debt 💸. Shoot I listen for a daily reminder of staying out of debt. Sometimes you just need that reinforcement
I've been selling cars for a reputable dealership in Madison Wisconsin, for the last 20 years. I drive a 2004 Lexus ES 330 that it's been paid off for over 10 years. When people ask me "what's my favorite car?" I tell them... I have two, the one that I just pay off and the one that I just sold.
"That new job didn't match my personality or whatever." Its you, not the job.
I just sold my car to get rid of my car loan, saving up now for a car that fits how much I make ($1k-3k), I work remotely in the mean time and dont need a car
How do I sell my financed car? I am half through my car loan?
@K Gray I don’t know how to sell my car. Ad in paper? Take to dealership? It is a 2013 Subaru Sedan with LOW mileage.
I am seriously clueless. I retired in 2019, barely drive it at all, could definitely get by with a clunker.
I’m curious about this too.
@@lauriepowell3959 idk you may do well just to keep it depending on how young you are. Sure, you don't NEED a dependable car right now, but if youre keeping it for 40 years, this may be the only car you ever own.
@@louib716 I know. I am 67 and retired with moderate income (THAT was a shock to me!) My previous Subaru, which I bought with 5 miles on it, lasted 18 years. You are probably right. Thanks 👩🏻🎨
Oh my god! 500 $ average car payment a month? There are people in India that earn much less than that working whole month.
That’s sad. That’s so low
David Bown I dated a girl from India for awhile once. People in India working for American companies are crushing it. She told me that in Bangalore, she had a cook, a maid and a driver. Basically had to do nothing for herself but show up to work and grind away.
Of course that also means that there’s people making like $10/day basically in service to the professional class.
@@hornetguy9063 True. Unfortunately, the economic polarity is very extreme in India. Minimum wage workers get 5-7$ a day.
@@mohitnikumbh593 Yeah it strikes me as not good if you have people working in the service of the upper middle class. Like I'm decidedly upper middle class and there's absolutely no way I'd afford all of that in America. Even without minimum wage laws, no one would work for cheap enough to pay like that. That's a good thing.
Wow! But all those domestics paid do little is sad
Actually bought a 94 ford ranger for $900 few months back. You can get s-10s or rangers for around 1k down here. In Florida non working AC knocks at least a grand off the price.
My personality is liking money and I'd say my job matches that well because well, it pays me money
Man I love you guys🤣💕I’ve been there before!!! Thanks to the snowball effect!!!!
I had a brand new Lexus. Returned the sucker. Driving a 2008 honda oddesey. I realized I love being debt free more than a luxury car. Loving it!
I can’t get over the fact she didn’t realise that if you lower your payments you extend your term. “Oh” 😂😂
If you get a lower interest rate you can have the same term with lower payments
Car dealers absolutely loveeeee ppl like the caller. That's their bread and butter.
Some ppl dont believe they can build for themselves the life they want.
Either life happens to you or you happen to life.
If she called to hear herself on a radio show, she has succeeded!
They are going to get a $30k truck and go further into debt. Almost certainly
2008 Sonata. First cash car I ever bought and love it. Never have car payments again.
I’m done with debt. I’m tired of it. I paid off my first car. The engine blew a year later. Got myself a new Toyota Tacoma. Cost me 41k on a 35k income. I was 20 and made a young and dumb mistake. I don’t totally regret it though because it’s a new Toyota and hopefully it will last me a very long time. Hopefully well after it’s paid off. I put 8k down on it. Financed the other 33k. I’m down to 16k now. I’ve been paying the minimum this whole time. Just decided to start accelerating the process 2 months ago. Debt has impacted my decisions heavily. Taken my freedom. Can’t afford to go out and do anything fun in my free time or go out to eat. Can’t afford to change jobs when I want to. Can’t afford to take a vacation. Nothing. I’m tired of it. Once I pay off my truck I’m keeping it until the wheels fall off.
True......many people stay in car payments their whole life..........and get offended when you say that to them.
Because it’s what most people do
Yup I know people that lease every 3 years. They can’t afford to do that. They have an “image” to worry about.☹️
Back in 2017 I got a 2003 Toyota Sienna with 118,000 miles for $3,000 and still running today 2021 with 180,000miles on it
Dave is always better than he deserves 😁
I just bought a 2003 hyudai Elantra in august for $1800 and it only been in the shop once. I saved so much money
Anthony’s reaction to this ladys roller coaster of bad decisions 0:30 😂😂
Car payments are a HUGE working class money trap.
They say the average new car payment is over $700 and the average used car payment is over $500 today.
If you maintain an $700 car payment over 30 years it is an opportunity cost of over $1.5 million.
Payments are only going up.
I ALWAYS say to listen to the show for a week before you call if you're new and can wait on the answer. I think new folks confuse his show with something like Orman's.
I guy at work got a 2003 silverado for 6k. Over paid for it. Now he wants to sell it and buy a 2009 silverado with debt. I asked him what his future looks like and he said "I'll work till I die". I made a promise to myself long ago that I'd be a multi millionaire. I'm sad to see people living in such a country with unlimited potential and they work for minimum wage for 30 years.
lol why did she call Dave?
Bc she didn't know who she was talking to.
Confirming how stupid she and most people are.
Big thumbs up. Here is how it worked for me. Bought a used car. Paid it off. Drove it for another decade and saved the ex payments. Bought the next car cash, used. Invested the ex car payments. Fast forward 2 more cars with over 150,000 miles and I'm up to $1100/month in dividends to reinvest plus that car payment to add to investments. This is even after being unemployed twice during the Obama Administration. Not having a car payment while unemployed is a blessing.
Good job Dave. Keep it up.
Love Him!!!
where I vacation: any good location that my travel group has a sale on
@E Cox only about once a year. Well technically it is a business trip. We went to the same location a year ago. We had a trip schedule for June but had to cancel it.
"My job didn't fit my personality."🤣🤣🤣🤣
This lady needed to call a dealer, not Dave Ramsey 😂
I'm back for like the 4th time ..the best part is when she says her income doesn't match her personality lol
Paid off 2010 Subaru (I live in snow country) and I’m driving it into the ground and putting as much as possible into retirement!
My girl paying 514$ a month and it hurts my soul to see her going through that my car paid off thank god bought cash i hate payments
This couple are not very smart when it comes to finances. This is how people get stuck in the rat race for their entire lives.
Guess they found the "right" one in each other.
Yes
You buy that car on credit, you are committed to it until your pay it off. Trading in a vehicle for another more expensive one is a financial suicide.
What kills me and I hear it from people at the workplace, is that most people buy a car according to car payments. Never buy a car by what you can supposedly afford monthly.
Similar to cell phone sales. The monthly payment is in bold, and cash price is in tiny font.
@moose11vt exactly. Once I bought a new phone and the salesperson asked if I wanted to pay over 24 months or 30 months. I told him I just wanted to pay the entire amount then. The surprised look on his face is an indictment on society’s ability to manage money
4:14 I fully understand all of this and totally agree but I also slightly understand that I might not make it to 70 Dave so maybe I’m willing to spend a little extra on a car because even if I do make it that far that 5.2mil isn’t worth to much to me anymore when I’m almost in a nursing home..
Crazy how they bought a 2020 brand new camry for $20k just 3-4 years ago. Now a camry is at least $35 OTD
I honestly love used cars like the mk3 supra that you can get for $10k and you know the value will stay on it for most of the time due to the exclusivity of the vehicle
I drive a clean well maintained 98 Honda Civic Hatchback that I bought for $3300 cash and has 252k miles. I had it for 2 yrs and never broke down on me... my coworkers think I am good with money because I dont have CAR PAYMENTS!!!
I have never had a car payment in my whole life. My parents never had a car payment. My dad made Dave Ramsey look like a spendthrift. I am retired so cars are really unimportant to me.
2:05 the look on Dave's face lololololololololololololololololololololol
"The goal is to pay it off"
Instant gratification
I drive a 2007 Corolla that I keep real nice. People say 'my God, you keep that thing in great shape'. My response is always the same. 'I can't afford not to'.....
I don’t think that was the response she was looking for. 😩🤣
Shes doing well ? Thy are making 75k in combine income . They are Broke !
They don’t ever seem to account for cost of living in expensive areas like northeast or California etc . 75k in either of those places is living in poverty. Might be an OK income in Tennessee but not in the other areas.
I love it when Dave starts tossing out Proverbs...
Don’t be stupid people. Get an old cheap car, earn up to get a cheap car that’s maybe 4 years old reliable buy it the day of and never have to worry about anything as stupid as a car payment. Every dollar that you have that you’re not wasting on a car can be used to make you more money from investing or buying things that will make you money instead of losing it.
“Get an old cheap car, that’s maybe 4 years old”
Son, I have underwear older than you. My car is reliable, decent mileage, doesn’t attract gold diggers and is 37 years old.