What's The Fastest Way To Pay Off Debt?
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To help pay debt and build wealth, there’s another “category” besides no restaurants and no vacations to utilize, and that’s to simply not buy all the little things that you don’t need and can live without. Those things add up.
I stopped buy if house nick nacks. No more candles or little decor we don't need.
The mama in me kept saying "Bless his heart. He's so sweet."
Agreed. I wish to see more people here encouraging him rather than bashing. Dave usually makes me cringe, but I thought he handled this call with class and sincerity. I pray this young man takes heed to Dave, gets his debts cleared, and has a blessed, blessed life.
Couldn't be said better
I cried. The s kid is trying to make something of his life after a rough childhood. Only respect for him! ❤️
🤣🤣🤣🤣
So true.
Such a polite guy I wish him well
Love it when young people asking about financial advise. They will go far in life
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Thank you
As long as they don't get married and have children they will be very well off very early in life
I mean, he's asking for financial advice because he made financial blunders. No need to bolster people up for no reason but let's hope for the best.
@@KiraPlaysGuitar its a good thing a young person makes mistakes and realizes and even mature enough to admit it and asks for help. Thats a good thing so stop being negative
Dave’s advice was to work more/or make more money. You’re welcome.
Jesse Woodby I have a friend that’s 4K in debt and I’ve told him to apply to amazon $15 an hour and in a few months he can get that paid off, but he doesn’t want to. But he’s stressing from it, so I remind him about amazon and he says no again.
Sounds good i worked 75 hours this week
2 parts. 1 make more. 2 dont spend more when you make more.
This is just superb, I've been looking for "reduce your debt fast" for a while now, and I think this has helped. Have you ever come across - Konabriel Denarper Blueprint - (do a search on google ) ? Ive heard some pretty good things about it and my partner got great success with it.
Haha!
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
" It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid , instead of trying to be very intelligent."
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
I’ll be the first to say that I’m 36,499 in debt and currently on Baby Step 2. If I stay on track I should be debt free by Oct 2021. I’ll keep a track of the success if anybody is interested in this long journey ahead of me. Hopefully this will boost somebody confidence that’s in the same boat as me. ✊🏾
Sep: 36,499
How's it going now?
Hope you made it!
How’d it go??
@@ChrisBred4s
Had to change a lot of habits (not going out as much, sticking to a strict grocery budget, etc. It was a lot of hard work but well worth it in the end.
@@NateLeeGriggs that's good. What's the update now?
Fine Girl: Hey daddy
Dave: What's your income?
“How much debt do you have?!”
hahahahaaa
Tyler Benton HEY DAVE i want to go to the Movies with My girl !
Dave : How much you make a Year ?
How much do you owe on your car?
Honestly.....yall should follow Dave's advice in context of dating....what's your favorite food.....what's your income???, how you debt do you have??? ...it'll save your life..
Dude at 19 I was getting high and my spacing chicks maxing out credit cards and parking my car at my moms so it wouldn’t get repoed. Kudos to this 19 year old.
I’m so happy that Thecybermaster . C om helped me successfully
Dave Ramsey!!! I loved how you handled this young man and the advice you gave without judgment and with knowledge, concern, and encouragement! I’d like to know how he’s doing these day…. I cried a little listening to this one ❤️❤️❤️
This kid deserves it man, Dave you’re a good guy
Nice kid. I hope everything works out for him.
"The trouble with the rat race is that even if you win, you're still a rat." -Lily Tomlin
I’m so happy that Thecybermaster . C om helped me successfully
So what's the solution?
That kid deserves the help. Bless
In the words of Tony Robbins "to get out of debt, spend less then what you earn" simply as that
@Agent 39 I have not lol but I have some of his audio recordings
First step get a better paying job or 2nd job
second step stop borrowing or spending money on what u can’t afford to pay back !
3rd step rice and beans
Eating rice and beans every day gets boring :(
Lol I ate sweet potatoes for 2 years & saved up 10k I only ate out when it was a friends birthday
Investing Hustler 4th step ramen and depression
@@LilBleachThaGod Steve got my credit score up in less than 4 days he got my score increased by 140 points and he also helped me pay off my credit card debt. You can reach him on +1 two five six 2. Six nine two
2 1 5
I eat noodles
I was currently a shopaholic, but I’m budgeting myself and I’ve saved 250 so far , I get paid twice a month , so that means I should be careful with my money habits , I’m trying my best .
Was or currently? Was is ok, but currently is not.
Wish you the best
29% interest rate?? I choked on my food when he said that, that's insane
Thats what happens when you have no credit at 19?
Sheesh I guess so!
I had a 19 year old coworker who bought a $40,000 car at 36% interest. Yeah no surprise when it got repossessed a couple months later. The general public is brain dead.
I literally have no idea how that’s possible 😂
I got my car at 19 and have 10.5 percent interest
Aww bless Him God he sounded well polite and humble.. I hope it works well for him in life.
Thank you😊 for this video, do you offer account management or have any recommendations?
@Craig Brown Face_book👇👇👇
@@millerwoods1343 I really appreciate 🙏🙏
I have made over $90K working with her
@Craig Brown Face_book👇👇👇
How much do I dislike debt?
......I’d rather sleep on a park bench than to be even in a single dollar of debt!
okay that is a bit excessive lol
Brandon Ramirez
Live like no one else, so later on you can live like no one else........what do you think that mean? Is that not excessive? “No one else”means others are not willing to do the extreme.
Marcus M. Yeah i don’t think Dave Ramsey means literal homelessness by “live like no one else.” besides who want to waste their youth settling for less? i’m not saying to be financially irresponsible but you should at least treat yourself every so often... you only have one life.
Brandon Ramirez
Everybody has a different path of extreme, albeit homelessness on temporary situation I’ve seen folks do this a few times. We live in greedy times in the population center (better known as a city) rents, mortgages and the price of service and goods are high........this cannot sustain itself forever, a collapse could come.
@@enigmathegrayman2953
I agree a collapse is very possible
Man, this young man is trying to figure it out. I envy him to a certain degree. I’m 27y/o and trying to figure it out, but I wish I had listened to the people close to me and tried to figure it out sooner. I went through so many avoidable situations because I was prideful and hard headed. This kid actually inspires me and it makes me happy to see it. I wish him the best!
I pray to God for huge blessings to be poured out onto the young man head and into his life--at 19 years okd and that he loves chikdren and wants to help these children suffering -- is just amazing!! I hope all the best to this young man!!
Got debt down from 20,000 to less than 6,000 in 2 years but a lot of sacrifices had to be made.
No expensive holidays, limiting social events to a bare minimum, not upgrading my old motor, not buying luxury goods, and sticking to a strict household budget.
Not easy to do for sure, until you start to see the benefits of doing it.
I have had to learn a new skill in my 50's, and that is self discipline/self control.
I guess it's a case of " no pain - no gain".
Read more
Car wash+plus pizza delivery... Equals decent salary 40-50k
Pizza delivery is not consistent or steady income. It will not bring in 40k with a car wash job.
mdooms76 it absolutely will, you know nothing about that type of work. At 50k salary is right around 35k take home, more than possible doing both jobs
Pizza delivery doesn't pay, people are so cheap when they tip. It was costing me money to deliver pizzas. That was my experience.
Depending on the demographics of where you live, this is possible
Very well mannered young man.
Great video, watching it again as a refresher. I'm supposed to get a financial aid refund check in about a month, month and a half and I'm not sure yet, but I may put it towards a moped so that I can work more and be able to pay off my debt so I can work in ministry full time, have little to no bills and expenses when I'm traveling around the world helping the Lord spread the Gospel and plant churches.
Thanks to the snowball method, we paid off $107k in 16 months.
I'm currently trying to learn the snowball effect. I'm looking for information
@@staceylynn4700just Google it.. like “paying off debt snowball method”. then a lot of explanation is to be found. 😉 Hope you’ll do well on your way to go debt free. Best wishes 🥰👍🏼
continuously helped me like you have. I thank God for your presence in my life. Thanks a lot!!!
This kid is smart, drop college and get into real estate!
Yeah one step above used car salesman.....
“I wanna change the world” ❤️
msjones2831 Pinky & Brain
Something tells me that this kid is going to be rich.
what a great call! Young person looking for some guidance and Dave giving great advice without any judgement.
I wish that young man all the best.
I actually started my savings plan by buying a new car. I got the car loan through my credit union and the payments were taken out of my paycheck. Once the car loan was paid the credit union kept taking the money out of my paycheck and I did not miss it. Thus the money went into a savings account in the credit union. I kept the same car for 15 years. I then invested in bonds initially and ultimately in mutual funds. I was able to pay cash for just about everything. I even bought my home through the credit union on a 15 year loan. Paid it off and kept investing.
He always says “better than I deserve”. But I disagree. He’s doing as well as he deserves! He worked very hard to get to where he’s at.
*Simple: Don't spend what you can't afford!*
Midnight Cravings another one! Don’t give Dave your money. These idiots pay him up to 3,000$ for this nonsense
@@melthomas6519
And you somehow consider yourself more intelligent being on the channel of someone you detest...
Scorpion when did I say I hated Dave? 😂😂😂😂😂.
@@melthomas6519
Knock it off with the word games man. 🤣
You're on many of his vids' pages more or less calling him a crook.
Scorpion He is a crook and I don’t know what other video I’ve been on other than this one. However , you are right. He is a crook . If you’re too stupid to see it that’s your problem. Btw: I DO NOT HATE THE CROOK!!!! Goodbye !
Let the car go back? 🚘 They call that repossession 🙄🤷♂️
@Holy Drug Lord🔼 Usually you stop paying for it and they take it away. You may or may not be sued for the difference of what the bank sells it for and what you owe.
@Holy Drug Lord🔼 If he owes $10,000 and the bank sells it for $8,000 the bank might sue him for the $2,000 difference
@@ChrisInvests
Exactly 😉
I am free of debt thanks to keith.. He paid off my credit card and car loans. I’ve also made 11k for myself. Working with him has proven very rewarding ever since I met him online. I’m so grateful. He’s always ready to help.. contact him on
+1 (7 1 5) 602 0 7 6 9
Working at the car wash-- the song hahahaha
Hi gd day, I am from Trinidad and Tobago, grow up and orfant, I then get a home to buy, for the first time I feels like I belong, I work for some years but the house comes about 8yrs before retirement, I had to renavate, and I keep getting bad work over and over, so right now I am not working and owing my credit union, over $88,00 and change. 6mths I am retired and they are waiting for there money, when I receive my money, my pension will be $300,00 and my loan is $300,600 per month, is there anything I can do it this position. Thks you, i am waiting your respond.
Delivering pizzas and ubering. Sell everything you own that is worth something. Move back in with parents or have a roommate or 2. I personally might look into Uber since I have recently moved up in car.
Diana Hughes I’d rather be in debt than have a roommate. Not worth it unless you are 18 and in college. Adults shouldn’t have to have roommates
I am with you on that. I hope to GOD I never have to get a roommate, but I think it can be a good way to save money if you can stand it.
All these problems stem from debt. Was there ever a time in the US when people didn’t finance everything and actually paid cash for sh*t?
Good kid, aware of his mistakes at a young age and is seeking for assistance on how to get out of it… he ll get far in life I believe
He’s only 19 ?? He’s going way better than I was at that age
This guy rules. Godspeed man!
The best kept secret in real estate is that houses sell themselves and the title agent does all the work.. meanwhile the real estate agent collects a massive percentage of your net worth
Yeah, but how do you think the real estate agents are doing in this real estate climate with the interest rate at 7% and nobody is selling and nobody is buying?
I hope they saved some of that 'massive percentage of your net worth'
I think he talked more about getting into real estate than how to get out of his current debt situation unless second job was the advice.
Im pullin for this kid!
I hope that kid does well.
Could you tell he was from Bowling Green, KY and not Bowling Green, OH by his accent?
I love his handling of the young man
Yeah !! With the current problem around the world today I think it's best everyone invest more in digital asset than Saving in banks and real estate . Just my thoughts
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This is superb! Information, as a newbie it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $486k in the last six month. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
Wow, that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversify my portfolio
William G Berkman
On the topic of being young and in sales, I disagree. I sell cars and our young guys who are 18,19,20 are sometimes the top sellers. They have no problem with their age, if anything they have the energy to work circles around us. They do great
Dude straight up said “Socialology.”
Did I completely miss where he answered this kids question?
United States 🇺🇸👈👽tho... Sirs
Is this about paying off debt or knowing the kids life
If I had a dollar everytime dave says Stupid I'd be a millionaire 😂🤑
I love when he says stupid on steroids!
Debt snowball ❄️ Would Dave say anything else? 🤷♂️
If someone owed back child support, he might recommend they pay that debt before the rest of the snowball as a moral obligation.
Velocity banking is the quickest way to get out of debt.
Just looked up velocity banking, and that's a good way to stay broke.
Scorpion well I just finished paying up $14,000 in four months with little to no leverage and now I am clear and free. It really works.
@@rageorge1369
Ok, I get you.
I only watched 1 vid on it, and it looked like bad news to me.
Maybe I just chose the wrong vid.
Will perhaps check it additional ones later.
Didn’t really answer his question.
Make more money I guess?
I am free of debt thanks to keith.. He paid off my credit card and car loans. I’ve also made 11k for myself. Working with him has proven very rewarding ever since I met him online. I’m so grateful. He’s always ready to help.. contact him on
+1 (7 1 5) 602 0 7 6 9
Wow how can I get in touch with Dave
How can I call in the show?. I need advice!!!
naturalbeauty02 1800 what?....
Snow 123 🙄
Did anyone else cringe when Dave said “.what you drive...” Noooooooooo! You just opened Pandora’s box Dave!!!
Wow. Increase your income! Great advice, Dave.
"Shovel to hole ratio," 😂.
I need a bigger shovel
A lot of jobs check credit reports and deny employment for debt in collections. It is very discouraging and depressing.
I would caution this young man from getting into real estate. It can be done at his age, but it is very difficult. I know from experience. A few grey hairs add substantial credibility to a real estate agent, whether it is warranted or not.
But then yet some of us would rather buy from people in our own age bracket.
No offense meant but grey hair would leave me distrustful.
@@scorpion8rage there's not that many 23 yo's buying homes.
@@4dscdriver
I've known quite a few.
i have my real estate license and got it at age 22 im 26 now and i still look 18 ive only sold 1 home and yea you have a huge disadvantage if you look young people will think your a joke.
Second hand cars are so cheap in the US. Why on earth do people get into car loans over there. Its crazy!
Second hand isn’t reliable when a lot of people fix their cars and don’t report what’s wrong with it. Buying new gives you lots of things included when it’s new when it costs hunreds for others
Well I make half of what he makes and have credit card debt the same as his . I’m an idiot. How do I get myself out? On one card I just paid 71 dollar and 49.71 went on interest
The most happiest moment of my life is seeing airprohackers @ gmail .. com getting rid of my inquiries and some credit card and bank debts bills amounting to $25,900 . thanks a lot guys I can see my FICO saying 802 and on Credit Karma
I have 798 & 811 with all negative items permanently deleted..I pray to God for huge blessings to be poured out unto this young man
Dillon: "I was wondering what's the quickest steps how to get out of debt"
Dave: Work more hours
So work more was the answer to the video title ?
Smart kid. I wish I was taught that at young age.
At the age of 19 the best advice I can give him is to pay off at least the minimum that is required each month and make sure he doesn't dig any further debt wise. He has age on his side and shouldn't stress like a 46 year old
I didn’t become a millionaire twice. I got into debt twice😢 I’m so tired of myself
why? have you contacted + 1 404 796 9258 to help? don't hesitate to
@@derbystar2 Text 657 206 5725 for help
I let go my credit cards and one more loan to go.. Thanks Dave
Forget about getting the real estate license. It's not needed. Start investing what you can into an asset such as a PAMM. Also put money into fractionated shares of real estate. It will grow.
In about 2500 worth of debt it luckily I’m due a tax refund of £1200-1500 so that’s half of my debt gone next month and then I can work full time again when I finish uni this year
This guy probably has no one to guide him financially and he went to a buy here, pay here which sucks but Dave will help him out so that's good.
You said nothing to this kid.
Say that louder one more time for everybody in the back👽
pay your debt down and don't create more debts
I want to get into real estate one day too 🙂
U will you're awesome 😀
Digz the Swag King thanks! 😊
So to get out of debt you increase your income? Easy peasy
One thing I’d love to know is how to manage money when you have a chronic illness which might effect your life expectancy since a lot of your life is living in the now and not necessarily saving up for the future, retirement etc!
EmmaPottsx don’t go to Dave about that. He’s only interested in you going to one of his stupid conferences. He does not look at the fact their are reasons people are in debt. Some sickness, job loss, lost everything from fires. Alls he cares about is you paying for a seminar 😂😂😂😂😂
Life expectancy shouldn't play into this.
None of us knows if we may die tomorrow.
Just live your life as normally as you possibly can in terms of planning for your future and your retirement.
It depends on which chronic illness you have, I guess, but many chronic illnesses are caused or exacerbated by the way we eat. If you look at populations on this planet where people live the longest and healthiest lives, they aren’t eating like the rest of the world, and they don’t get the diseases that plague the rest of the world either. These are called Blue Zones. If the rest of the world would imitate their lifestyle (and especially their diet), the major chronic diseases would disappear, and people the world over would be living robust lives into their 80s, 90s, and even to 100 with little to no health problems, like people in the Blue Zones do.
xxpowwowbluexx unfortunately my chronic illness is genetic so has nothing to do with the way i eat - however i do agree that eating well can help hugely with a lot of chronic illnesses
Just answer the question already.
Get your calculator out. Get rid of the starbucks, the junk food , gym , cable , anything that doesnt feed you or keep the roof over your head. Forget the wants and buy only needs.
Done .,put every extra dime toward your debt. Was that hard?
do uber part time and get out of that mess
If the terms of insurance allows it put that car to work.
You have massive muscles
This guy should check into becoming a Shipt driver.
A what?
A who?
Velocity banking with line of credit.
Why this sounds like one of your employees calling?
Boy doesn’t sound too bright…where is his parents
Yeah...Dave Ramsey doesn't sound too bright...I wouldn't count on his parents. Intelligence is combination of nature vs nurture and Dave seems like an idiot . Lots of generalities and no real advice. How does this video relate to paying off debt?
29% on a kid 😡 these kids try hard and get slapped in the face
Thanks for wasting my time Dave! Get another job…WOW!!
Rice & beans
i got correctly ? 25 % interest on a car loan ? crazy
I'm 20 and I'm freaking out I'm 4k in credit card debt but I have a job and make decent money for my age maybe in just paranoid but ima start paying off all my debt now
Dave I need you to follow me around and give me the disappointing “ok” so I do better. I know what I need to do but I can’t stick to it. Ugh!
Why am I getting UTI ads tempting me to get student loans in a Dave Ramsey video? 😂
He never actually answered
He called in to ask how to pay off debt. Dave is dancing around this young man question and never answered the question.
Surprise, it was just a commercial for his “class”
I miss this Dave.
I’m 37 And $5344 In Depts
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