When I started my job I was homeless making $10hr and living in a tent a mile down the road from where I was working, but today I have worked my way up to a switcher truck driver making $24 hr and buying my own home and land. I love my job and overtime is $36 hr all I want to work.
I would take a job that pays a lot over a passion project, but only for a certain amount of time. If there is any debt, get all of that paid off, then develop an emergency fund, and some additional savings. And then quit and do what you believe you were meant to do.
Nah. My passion is traveling and scuba diving, but I can’t exactly do that for free. I also just don’t have the energy or the body, physically, to dive every day. My hips and knees would hurt. So I like to work, make money and then go scuba diving a few times a year 😉😎
Money is important. It's everything for most. I need to pay for internet service and electricity to post here but at least I invest in cable/utility stocks and ETFs reinvesting the dividends in my Roth. Just stay away from debt,live within means,and use money as a tool through life.
@@nchinth Mostly broke people in debt with no choice. People that stayed out of debt,saved, invested, living within means already had this figured out long time ago. I personally knew this in my teens. Have been happy in life all along with no need of downgrading anything.
It’s like asking should I live a life I don’t like for money. No. That’s a limiting mindset that money only comes from something you don’t like. Maybe temporarily but it’s not a great plan long term.
Well said. The key word was "temporarily" to fulfill bigger goals in the future. But I've seen especially with Hispanic households that parents sacrifice their ambitions and goals to provide for their children, so the children can pursue their goals and be successful as adults. That to me is critical planning and planning ahead. If someone doesn't get the life they wanted, then their hope should rely on their children since the children bare the identity and surname.
I've worked on commission most of my career and I would tell this caller to be extremely careful when comparing "potential" income with a guaranteed 100k per year. I'm sad to say it, but companies have been known to LIE to attract talent when it comes to commission-based jobs. Do your research, because what they tell you and what the truth actually is may be two different things.
The majority of interviews for sales jobs consist of the company overselling the potential pay while the candidate oversells their own drive and abilities.
Half of the comments will say yes, the other half will say no. Ramsey himself has said both yes and no, depending on the situation. But ultimately, you will be the best judge.
I definitely have had jobs I don't like for the pay and from my experience this is my best advice. If you have a major debt that you are trying to pay off, then bite the bullet and finish paying off debt quickly. Although, if the job makes you absolutely miserable, then no money is worth your mental and physical health so don't take it.
"This is the real secret of life -- to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play." Alan Watts
This is tough.... I'm dealing with Golden handcuffs right now. I make splendid money and I LOVE what I do but hate the company. I've been stacking as much away as possible in anticipation that I won't be here much longer.
@@charlesg7926 There's just no job security. I've been there from the beginning and I think I've extracted all the information and upward movement that I can out of the company. I'm fairly young and I need to learn more then I think I'll be able to where I am.
I took a higher paying job and I don't like it. I wish I could undo that mistake. Currently looking to get out. I'm in line for a lower paying job with a better company and working environment.
Maybe for a year he’d be ok. But if it were employment vs contract, nope. We want to maximize our earning potential and also maximize our flexibility from the work and joy for the work. We want to build a life we don’t *need* to vacation from. Work should be fulfilling, not depleting. And family always comes first.
Yes, work it for some years, use the extra money to pay off debt, save like crazy, and then pursue your interest. Unless of course you’re comfortably rich.
Do not take a permanent position that you don't like just for the pay. I did it and the negativity spilled over in the marriage. Another comment pointed out that it's okay to do if it's temporary. I got a side job once as a roofer on the weekends. I was actually good at it, but hated the elements. I have mad respect for roofers who do it full time. Everything I touched burned my skin. It was like working in a hot skillet. I did it for four months while I paid off a vehicle
No it won’t. You spend more time out of work than you do at work, therefore being miserable at work and happy whenever you’re not at work because you can afford to do anything you want is a lot better than being happy at work and being miserable when you’re not at work because you can’t afford to do anything fun.
@@johnmartin4641 if you equate having fun with money, you're spot on. The key is to value things that are not costing you heaps of money. Live according to your income, don't value only the material stuff and you will be happier. No need for a job which will make you miserable and no money problems.
My opinion: no. If you find a job you love, you will eventually excel and make more money accordingly. If you take a job you hate, you will spend most of your life miserable, dealing with the job you hate, getting over things you hate, and avoiding things you hate.
I always tell myself “This lululemon won’t buy itself.. and you want a nice apartment you gotta work for it.” So I’ve managed to stick it out for 3 years in a stressful job, finally moving onto better things and I can say since I handle that I can handle anything😅
It's easy to say no to it in our heads but the golden handcuffs hold many people tightly. Feeling this situation, hoping to find a different path soon.
@@b.cdrisk2035 bringing a baby into the world while you are miserable with your job will only lead to misery in your life in general So maybe invest in some rubber and have a fulfilling life before becoming a family man
It really depends on each individual basis. You can't just broad answer this question. There are things that he didn't address. Work hours, flexibility of schedule, remote or physical appearance, people you'd work with, paid time off, perks and benefits and whether it's 1099 or W4. They all factor into it.
The grass is always greener there is a reason they pay you to work. It sounds like a fun thing to do to be a financial advisor, it's a sales job. I 'd love to see the wife's face when he says he wants to do this. Carpet ride alright. 😂
So if he takes the higher paying job even for one year, year passes, and he tries to come back to his old job, and position is already filled, what is he to do? 60k jobs are not that easy to find even if he's qualified with experience.
Jobs I didn't like were just entry level in high school and late teens. Just motivation to do something better with my life. With zero debt and career goals I said goodbye to all of that never looking back.
Got to say i feel this callers predicament haha im a functional analyst which is basically a business analyst and i definitely dont want to do this long term.
If u want a change then make the change. Even if its less money. Clean up some debt first. Dont have to be all of it. But if u dont make the change, every day of work will get harder and harder til u wake up one morning and feel like crying cuz u cant take anymore of that job. But u need to keep the bills paid. So u feel trapped. Do something thats sustainable over time that u enjoy. Be happy at home with your wife and child & at work. Thats a better deal than making 100k and u are living just to pay bills. As a father, yea, pay the bills. But still be your own person too. Life doesnt have to be u slaving for the next 20+ years. Live life
@@Kryptic1046 that’s because doctors are constantly dealing with life and death situations, and lawyers, contrary to popular belief, make no money despite all of that education they went through. This guy’s job isn’t life or death every day, so I don’t think that this applies to him.
I am currently a pre school teacher and I wish this job payed more (pays a bit over minimum wage) because it’s what I love but I’m not sure if there’s something similar that I can do that also pays more.
90k you mean? and how are commissions involved in the financial advisory business? what type of job is that? like a sales rep for a financial advisory getting clients for real financial advisors?
Bro I’m a FA here in San Antonio. The sky literally is the limit here. Of course it’s all dependent on your AUM but I’ve know of advisors here in town that make upwards of 200k-500k
@@ImSeriously2123 Because most people that attempt financial advising lack the work ethic and network of contacts that it takes to build a book of clients that will sustain their income.
@@Anthonydp Depends on where you live. If you see there is a demand for it from companies online, then yes it I believe it is worth it. I live in Jamaica, and they aren't many job ads for business analysts, so unless you know people, it will.not be worth it.
Being a financial advisor isn’t easy you have to build your book of business and it takes years to get over 100k because their so much competition out their unless their giving you a book of business and your getting the residuals do it if not just do the year get out of debt but probably for the year do your homework and start building a book of business
I grew up rich, partied a lot, dropped out of college and went to rehab. Today, I am working at my dad's company part-time (full-time salary) and I still party here and there. I couldn't have done it without all the support!! Thank you to those that helped me along the way!
Hmmm not sure where this guy got his salary figures but financial advisors do not make that much when they first begin. You have to have a book of clients and work really hard to make a lot of money.
How much more? I'm about to leave a job I'm comfortable/bored with to make $5 more at another. This will allow me to save up more and ultimately retire earlier. I have a good standing with a current job so I can always go back.
One thing that Dave missed. If you have to go through the first year at $60K to get to $100K the second year, by delaying it, you are just pushing that second year back.
It sounded like he was going to start a business as a financial advisor, starting at zero income, which is how all new businesses start. Most new businesses start with a loss so not so clear about what the next step is?
That's not quite how it works you have to be sponsored by a brokerage. Plus it's a ton of low paid time just to get all of the certifications required. I don't think he's really looked into this enough yet.
JESUS CHRIST IS COMING BACK PEOPLE REPENT OF YOUR SINS AND ACCEPT JESUS CHRIST AS YOUR SAVIOR TODAY NOT TOMORROW PEOPLE WHICH IS PROMISED TO NOONE ON THIS EARTH.
When I started my job I was homeless making $10hr and living in a tent a mile down the road from where I was working, but today I have worked my way up to a switcher truck driver making $24 hr and buying my own home and land. I love my job and overtime is $36 hr all I want to work.
Good for you amazing!
@@fluffyFaris thank you so much, I've worked hard to be where I am today. I appreciate the encouragement more than you know.
Amazing, very well done and good luck with your endeavour! More power to you 👍
Nice man
✊
I would take a job that pays a lot over a passion project, but only for a certain amount of time. If there is any debt, get all of that paid off, then develop an emergency fund, and some additional savings.
And then quit and do what you believe you were meant to do.
Amen! Save , pay debt, and do wat u love! “ here for a good time ,not a long time”
I could not of said it any better.
Amen yup
Nah. My passion is traveling and scuba diving, but I can’t exactly do that for free. I also just don’t have the energy or the body, physically, to dive every day. My hips and knees would hurt. So I like to work, make money and then go scuba diving a few times a year 😉😎
Or do it on the side until it grows
People are starting to realize that money isn't as important as being happy. Even if that means down grading.
@@user-jh8zr6yl6o
🇳🇬 scammer
Money is important.
It's everything for most.
I need to pay for internet service and electricity to post here but at least I invest in cable/utility stocks and ETFs reinvesting the dividends in my Roth.
Just stay away from debt,live within means,and use money as a tool through life.
Absolutely! Thats what I've done & I'm at peace, less stress, & happy 😊
@@nchinth
Mostly broke people in debt with no choice.
People that stayed out of debt,saved, invested, living within means already had this figured out long time ago.
I personally knew this in my teens. Have been happy in life all along with no need of downgrading anything.
Aslong as your happy you already won
It’s like asking should I live a life I don’t like for money. No. That’s a limiting mindset that money only comes from something you don’t like. Maybe temporarily but it’s not a great plan long term.
Love this!! 💛✨
Well said. The key word was "temporarily" to fulfill bigger goals in the future. But I've seen especially with Hispanic households that parents sacrifice their ambitions and goals to provide for their children, so the children can pursue their goals and be successful as adults. That to me is critical planning and planning ahead. If someone doesn't get the life they wanted, then their hope should rely on their children since the children bare the identity and surname.
SPAMMER!
Agreed!
I've worked on commission most of my career and I would tell this caller to be extremely careful when comparing "potential" income with a guaranteed 100k per year. I'm sad to say it, but companies have been known to LIE to attract talent when it comes to commission-based jobs. Do your research, because what they tell you and what the truth actually is may be two different things.
The majority of interviews for sales jobs consist of the company overselling the potential pay while the candidate oversells their own drive and abilities.
Half of the comments will say yes, the other half will say no. Ramsey himself has said both yes and no, depending on the situation. But ultimately, you will be the best judge.
Caller: Should I get paid more Dave?
Dave: "Are you running low on rice and beans?"
Eating rice and beans while watching this.
😅😅😅
I definitely have had jobs I don't like for the pay and from my experience this is my best advice. If you have a major debt that you are trying to pay off, then bite the bullet and finish paying off debt quickly. Although, if the job makes you absolutely miserable, then no money is worth your mental and physical health so don't take it.
"This is the real secret of life -- to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play."
Alan Watts
This is tough.... I'm dealing with Golden handcuffs right now. I make splendid money and I LOVE what I do but hate the company. I've been stacking as much away as possible in anticipation that I won't be here much longer.
Stack, stack, stack!!!
Stack 'em up then kiss 'em goodbye! Congrats!
Why do you hate the company? Are you stupid, or do you just not like the owner?
@@charlesg7926 There's just no job security. I've been there from the beginning and I think I've extracted all the information and upward movement that I can out of the company. I'm fairly young and I need to learn more then I think I'll be able to where I am.
Leave NOW..
Interesting topic the most of us can relate.
I took a higher paying job and I don't like it. I wish I could undo that mistake. Currently looking to get out. I'm in line for a lower paying job with a better company and working environment.
Absolutely not. You will be miserable. Money isn’t everything.
Yes I am miserable with plenty of money.
@Mark A If you are ok being miserable than continue to do what you do. You can be broke and miserable or wealthy and miserable.
"It's better to be poor and alive than rich and dead, right?" Tommy Angelo.
Money 💰 helps in a lot of way but yes money isn’t everything
Maybe for a year he’d be ok. But if it were employment vs contract, nope. We want to maximize our earning potential and also maximize our flexibility from the work and joy for the work. We want to build a life we don’t *need* to vacation from. Work should be fulfilling, not depleting. And family always comes first.
Yes, work it for some years, use the extra money to pay off debt, save like crazy, and then pursue your interest. Unless of course you’re comfortably rich.
Keeping a job I hate but the pay is good. That's my struggle.
@@user-jh8zr6yl6o
🇳🇬 scammer
Do not take a permanent position that you don't like just for the pay. I did it and the negativity spilled over in the marriage.
Another comment pointed out that it's okay to do if it's temporary. I got a side job once as a roofer on the weekends. I was actually good at it, but hated the elements. I have mad respect for roofers who do it full time. Everything I touched burned my skin. It was like working in a hot skillet. I did it for four months while I paid off a vehicle
@@user-jh8zr6yl6o
🇳🇬 scammer
Taking a job just for the money will get old very soon...
And make you old too due to much stress.
@@المهديخاتلبالمجاري Bingo
No it won’t. You spend more time out of work than you do at work, therefore being miserable at work and happy whenever you’re not at work because you can afford to do anything you want is a lot better than being happy at work and being miserable when you’re not at work because you can’t afford to do anything fun.
@@johnmartin4641 if you equate having fun with money, you're spot on. The key is to value things that are not costing you heaps of money. Live according to your income, don't value only the material stuff and you will be happier. No need for a job which will make you miserable and no money problems.
If u make over 100k a year it’s never gonna get old
My opinion: no. If you find a job you love, you will eventually excel and make more money accordingly. If you take a job you hate, you will spend most of your life miserable, dealing with the job you hate, getting over things you hate, and avoiding things you hate.
He never said he "hated" it. :)
Don’t like…hate, it’s all a matter of degrees. If he doesn’t like it before he begins, he’s likely to start hating it after awhile.
I always tell myself “This lululemon won’t buy itself.. and you want a nice apartment you gotta work for it.” So I’ve managed to stick it out for 3 years in a stressful job, finally moving onto better things and I can say since I handle that I can handle anything😅
From personal experience I can attest that the lower paying more comfortable and enjoyable job is the way to go!!!
It's easy to say no to it in our heads but the golden handcuffs hold many people tightly. Feeling this situation, hoping to find a different path soon.
There's also the option of sacrificing a few years at it, save, and then move on to your dream job.
Absolutely yes. You will be miserable, but money is everything.
What logic is this?
@@dubrow26 The logic of a baby on the way
@@b.cdrisk2035 bringing a baby into the world while you are miserable with your job will only lead to misery in your life in general
So maybe invest in some rubber and have a fulfilling life before becoming a family man
@@b.cdrisk2035 Yes. Baby on the way changes the equation.
I love the way Dave simplifies the issue! 👏🏻
It really depends on each individual basis. You can't just broad answer this question. There are things that he didn't address. Work hours, flexibility of schedule, remote or physical appearance, people you'd work with, paid time off, perks and benefits and whether it's 1099 or W4. They all factor into it.
^^^^^ THIS. His wife just had a baby. Having good health insurance is an ever more important benefit. Etc etc.
Either take the job you dont like or eat beans and rice
If you in debt you better take it.
"It's one year. You can do anything for one year!"
Great quote by Ramsey. Gave me hope.
The grass is always greener there is a reason they pay you to work. It sounds like a fun thing to do to be a financial advisor, it's a sales job. I 'd love to see the wife's face when he says he wants to do this. Carpet ride alright. 😂
I am an IT worker and they are replacing us with contractors and I had to take a job within the company even though I hate it
There’s no right or wrong answer...it’s situational.
See if I actually went to my supervisor and said I need more money or I'm leaving, I would be fired regardless of how good i am.
So if he takes the higher paying job even for one year, year passes, and he tries to come back to his old job, and position is already filled, what is he to do?
60k jobs are not that easy to find even if he's qualified with experience.
Take the job. Get out of debt and build your emergency fund. Then move onto your passions.
Take the one year contract. Crazy to start a new career with a brand new baby and in debt.
Sound quality was horrible, I stopped listening after 30 sec
Jobs I didn't like were just entry level in high school and late teens. Just motivation to do something better with my life.
With zero debt and career goals I said goodbye to all of that never looking back.
Interesting topic, I won't take the job but these days if you're not spending to recover, then stop spending💰
Investment are stepping stones to success , investing in what create wealth
@@embracethesuck2154
🇳🇬 scammer
Got to say i feel this callers predicament haha im a functional analyst which is basically a business analyst and i definitely dont want to do this long term.
Do what you love and Rock it!
Your mental health is more important, some of these jobs are extremely demanding and abusive.
If u want a change then make the change. Even if its less money. Clean up some debt first. Dont have to be all of it. But if u dont make the change, every day of work will get harder and harder til u wake up one morning and feel like crying cuz u cant take anymore of that job. But u need to keep the bills paid. So u feel trapped. Do something thats sustainable over time that u enjoy. Be happy at home with your wife and child & at work. Thats a better deal than making 100k and u are living just to pay bills. As a father, yea, pay the bills. But still be your own person too. Life doesnt have to be u slaving for the next 20+ years. Live life
I was at a party on Sunday and they were serving up beans and rice paela it was freaking nice !
Not kidding
I did that, I'm miserable
💪
Financial advising? Or chose a job you don't like for more money?
@@ImSeriously2123 chose a job I don't like for more money.
Money makes the world go-round
No way, your mental health is invaluable
Let just say, I rather be Sad in a Ferrari than Happy under a bridge
Lol
Pretty big gap tho. That’s a lawyer versus unemployed lol
Do what you love💕... the money will follow.
To me if you have a choice in the matter there’s no amount of money worth staying on a job you hate.
Money will buy you happiness..
Then why do so many doctors and lawyers blow their brains out from stress? They had plenty of money and yet they still put a gun to their head.
Not really
@@Kryptic1046 that’s because doctors are constantly dealing with life and death situations, and lawyers, contrary to popular belief, make no money despite all of that education they went through. This guy’s job isn’t life or death every day, so I don’t think that this applies to him.
I am currently a pre school teacher and I wish this job payed more (pays a bit over minimum wage) because it’s what I love but I’m not sure if there’s something similar that I can do that also pays more.
Become a private tutor. I’m sure you could make $50-75 an hour.
The strong will tough it out, the weak will leave and then complain about their great job that don't pay nuthin.
This is the same situation we make as overseas contractors. Get that annual bonus and then decide to get out and buy that house.
"I don't work for you guys anymore....One more job, then I'm done."
Financial advisors starting at 60? I’ve seen people making 9k a year😂
90k you mean? and how are commissions involved in the financial advisory business? what type of job is that? like a sales rep for a financial advisory getting clients for real financial advisors?
This sounds similar to the illusion that new real estate agents have
@@aboujad6138 financial advisors are salespeople. you can’t get one of those jobs, unless you have sales experience, unless someone hooks you up.
@@luislopez7716
False
Yes you should, but Only if you want to make more money.
Bro I’m a FA here in San Antonio. The sky literally is the limit here. Of course it’s all dependent on your AUM but I’ve know of advisors here in town that make upwards of 200k-500k
I took a $20k pay cut because I hated the job I had
If you have bills to pay work tell your financial free.
The vast majority of people who attempt to be financial advisors wash out within a couple years.
Why is that? Honest question here!
@@ImSeriously2123 Because most people that attempt financial advising lack the work ethic and network of contacts that it takes to build a book of clients that will sustain their income.
@@edhcb9359 yes your right it’s hard work
He will sell whole life insurance 😆🤣😂
One job is a guaranteed six-figure income for one year, the other is not. Especially if you're greatly in debt, that's the option I'd go with
Ah yes. The dreaded C- word. Commissions. No thank you. I will go with the other business analyst job
Would you consider business analyst to be a good career in a company?
@@Anthonydp Depends on where you live. If you see there is a demand for it from companies online, then yes it I believe it is worth it. I live in Jamaica, and they aren't many job ads for business analysts, so unless you know people, it will.not be worth it.
Short answer: HECK NO
Long answer: HECCCCCCCCCCCCCCCCCCCCK NO
Being a financial advisor isn’t easy you have to build your book of business and it takes years to get over 100k because their so much competition out their unless their giving you a book of business and your getting the residuals do it if not just do the year get out of debt but probably for the year do your homework and start building a book of business
I would do the contract to ease the pressure on a single income
If you need the money to pay off debt, take the job. It won't be forever.
I grew up rich, partied a lot, dropped out of college and went to rehab. Today, I am working at my dad's company part-time (full-time salary) and I still party here and there. I couldn't have done it without all the support!! Thank you to those that helped me along the way!
Being happy money can't buy happiness.
If you can manage it - Yes
If you absolutely hate it - No
Wealth is what you have when money disappears.
Absolutely yesn’t. You willn’t be miserable. Money ISn’t everything
Maybe if your in debt otherwise nope.
With a baby on the way it's time to hunker down and be the stable provider for the next 18+ years. Experiment when you are young with nothing to lose.
If Dave took this advice he wouldn’t be worth $300m today
@@gmarie3053 why be a good father when you can be rich?
Depends on how good the pay is but usually NO!
Funny how a financial advisor is asking for financial advice
It's not financial advice it's career advice
And is in debt, and who has a non-employed spouse and new baby, and doesn't seem to know a whole lot about finance.
Do it. It’s one year. Knock out debt and more cushion for your expanded family.
Hmmm not sure where this guy got his salary figures but financial advisors do not make that much when they first begin. You have to have a book of clients and work really hard to make a lot of money.
Not sure how you can take a job you don't like. How do you know unless you've tried it?
Wish I had that problem
Dealing with the same thing now.
I know the feeling
I don’t think the floor as the FA is as high as $60K
Yes
Not even once!
No if your current job covers your needs.. yes if you need a job to cover your needs.
Financial Advisor that is in debt??! 😂
YES
I'd take the job short term to pay off the debt and get me through until the wife gets back to work.
Nooooooo. Get your exams, get emergency fund and get out. Don't chip away your dream long term.
@@user-jh8zr6yl6o
🇳🇬 scammer
How much more? I'm about to leave a job I'm comfortable/bored with to make $5 more at another. This will allow me to save up more and ultimately retire earlier.
I have a good standing with a current job so I can always go back.
Get that money because C.R.E.A.M.
More money = More problems!
SELL. THE. CAR.
One thing that Dave missed. If you have to go through the first year at $60K to get to $100K the second year, by delaying it, you are just pushing that second year back.
@@user-jh8zr6yl6o
🇳🇬 scammer
No
@@user-jh8zr6yl6o
🇳🇬 scammer
It sounded like he was going to start a business as a financial advisor, starting at zero income, which is how all new businesses start. Most new businesses start with a loss so not so clear about what the next step is?
That's not quite how it works you have to be sponsored by a brokerage. Plus it's a ton of low paid time just to get all of the certifications required. I don't think he's really looked into this enough yet.
JESUS CHRIST IS COMING BACK PEOPLE REPENT OF YOUR SINS AND ACCEPT JESUS CHRIST AS YOUR SAVIOR TODAY NOT TOMORROW PEOPLE WHICH IS PROMISED TO NOONE ON THIS EARTH.
😁👌👍✌🖖😎