Over $380,000 In Debt and Only Make $57,000!!

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

ความคิดเห็น • 4.3K

  • @TheRamseyShow
    @TheRamseyShow  4 ปีที่แล้ว +145

    Get life-changing financial advice anytime, anywhere. Subscribe today: th-cam.com/users/TheDaveRamseyShow

    • @旮旯北京
      @旮旯北京 4 ปีที่แล้ว +5

      Fortunately, I haven't gone to college without a scholarship....

    • @gusmueller4413
      @gusmueller4413 4 ปีที่แล้ว +1

      this guy is so not gonna make it

    • @truthlove1114
      @truthlove1114 3 ปีที่แล้ว +6

      Professional Student with no real world experience wants to skip hard work moving to the top of the company expects to jump right in as CEO when he can’t even run his own life with good decisions. If he got a job in his field at a large company most will pay for your college continuing education as long as it’s the same field. How does this guy think he could successfully run a company no experience? Sounds like he needs to get a serious job and begin working his way up. Degrees are great but if you don’t network and get the right experience he will be passed over and over from those high positions he thinks he deserves because other people have put the right effort in and have years more experience.

    • @Arizona_lilly
      @Arizona_lilly 3 ปีที่แล้ว

      Hes gonna get loan then file hes not dumb

    • @TippyPuddles
      @TippyPuddles ปีที่แล้ว

      ​@@gusmueller4413 He will if he files for bankruptcy.

  • @Ryan_DeWitt
    @Ryan_DeWitt 4 ปีที่แล้ว +8397

    One of those calls so bad you feel like you're in debt just listening to it.

    • @edgehodl4832
      @edgehodl4832 4 ปีที่แล้ว +48

      Lololll

    • @sammy32112
      @sammy32112 4 ปีที่แล้ว +49

      😂😂😂😂😂

    • @ajbluebird7741
      @ajbluebird7741 4 ปีที่แล้ว +24

      Omg...yes!

    • @rrr-sy3ql
      @rrr-sy3ql 4 ปีที่แล้ว +9

      😂😂😂😂

    • @vivalarance1840
      @vivalarance1840 4 ปีที่แล้ว +189

      This just made me check my bank account just to be sure i'm not 😂

  • @zeno_aratus
    @zeno_aratus ปีที่แล้ว +906

    having a PHD is NOT a requirement for being a CEO

    • @rachelmaddowswife8713
      @rachelmaddowswife8713 8 หลายเดือนก่อน +41

      Yeah, these predatory graduate programs are responsible for the vast majority of student loan debt in this country. You should only go into debt for a professional graduate degree like med school where there's a guaranteed six figure job at the other end of it. If this guy has a Chem bachelors, he could have gotten a PhD in Chemical Engineering for free with a living stipend, then gone on to make six figures in biotech. I have an extended family member who did that, completely free science PhD and eventually climbed the ranks in a pharma company to become the CEO. They want people with practical experience, either in science or medicine, or business. Saying "I have a PhD in leadership" means literally nothing, this guy is not going to be competitive in the job market. Idk how smart this guy is, but if he did extremely well in undergrad, another option for him would have been a free MD/PhD. I have an exceptionally smart college friend who majored in Biology, then went on to get a (free with living stipend) MD plus PhD in economics. He's working as a physician at the moment, but will probably be running either a hospital or health insurance company in the near future like this caller wants to do.

    • @adamshebani1451
      @adamshebani1451 7 หลายเดือนก่อน

      @@rachelmaddowswife8713this stipend you speak of, it’s provided by an employer or what?

    • @rachelmaddowswife8713
      @rachelmaddowswife8713 7 หลายเดือนก่อน

      @@adamshebani1451 The university or the lab you're doing your research in pays it. You're getting a PhD, but in science, you're essentially an employee. You're physically doing and making things that are allowing your professor to secure millions of dollars in grant money, generating patents for the University to profit from, etc. It's an excellent deal for them, because when you factor in how many hours grad students work, it's below minimum wage. Grad students are essentially highly skilled slaves. You can also get a small stipend boost for teaching undergraduates, and securing your own funding from an outside source like the American Cancer Foundation. The government also provides some funding to most science graduate programs from the NIH and NSF, because it benefits the economy so much down the road for there to be more scientists inventing new products. That money is typically only for US citizens though, they come up with private funding for international gad students.
      In contrast, social science and humanities PhD's are typically not free, or if the tuition is free, you need to cover your own living expenses somehow. This is because they're not doing anything that makes the University money. They basically just sit in the library all day reading, and put out a couple articles that won't be profitable because you aren't making any discoveries that a pharma company can use. I have several friends who went that route, and they were able to make a tiny bit of money teaching, but they or their parents had to go into huge debt to fund the degree, and then there weren't many job opportunities on the other end. There are very few tenure track faculty positions compared to the number of PhD's being pumped out every year. At least the science kids can go into biotech and other industries, there isn't a lot you can do with an English PhD other than adjunct teaching. Some of them transition into consulting or business, but that's a very expensive route to take, they could have done that straight out of college.

    • @zoeyredmond5501
      @zoeyredmond5501 7 หลายเดือนก่อน +10

      Yup they care about experience in running operations or other business ventures, while this genius has wasted years in school other people spent that time climbing the business ladder getting valuable experience and any large corporation would hire them instead 100% of the time.

    • @johnsegal445
      @johnsegal445 6 หลายเดือนก่อน +13

      If anything is hurts your chances at being a CEO, he's wasted him best time in the workforce to build a resume and instead has a six figure debt for a paper.

  • @RickM23
    @RickM23 2 ปีที่แล้ว +2728

    How can you be a CEO of a company when you can’t even fix your own financial situation?

    • @hermanjr47
      @hermanjr47 2 ปีที่แล้ว +32

      agree

    • @Nathan-en9dn
      @Nathan-en9dn 2 ปีที่แล้ว +163

      Best CEO know how to file for bankruptcy to make money.

    • @rcsmith1983
      @rcsmith1983 2 ปีที่แล้ว +21

      He never will.

    • @ChadPavelcpa
      @ChadPavelcpa 2 ปีที่แล้ว +6

      My thoughts exactly.

    • @smith899
      @smith899 2 ปีที่แล้ว +107

      FIVE YEARS after graduating he thinks he will be a CEO…😮

  • @SM2005_
    @SM2005_ 2 ปีที่แล้ว +1522

    My jaw was open for about 40 seconds when he spilled out how much he’s in debt. And his career aspirations are beyond insane.

    • @anacorreia8058
      @anacorreia8058 2 ปีที่แล้ว

      Yeah, when he said “I’m looking for other resources” he sounded so dumb and sheep-like. He’s 100% a follower. There’s no way this guy is going to be a CEO

    • @anacorreia8058
      @anacorreia8058 2 ปีที่แล้ว +159

      To be a CEO, you need to be smarter, more logical, less emotionally weak, and more pragmatic. You also need to be able to make quick decisions

    • @anacorreia8058
      @anacorreia8058 2 ปีที่แล้ว

      The fact he’s been hemming and hawing for months over whether to even file bankruptcy at all… the dude isn’t made to lead. College SCAMMED this man

    • @garbanzo_bean
      @garbanzo_bean ปีที่แล้ว +92

      @@anacorreia8058 not true. CEOs drive companies into the ground all the time and sometimes it’s because they hire guys like this Or because their irrationally greedy..

    • @sagatuppercut2960
      @sagatuppercut2960 ปีที่แล้ว +60

      If he's going to spend all that money on college, he should get a degree in accounting, computer science, business administration, or something that's going to help him get a big salary.

  • @PInk77W1
    @PInk77W1 3 ปีที่แล้ว +3156

    I’m a high school drop out.
    I make $52k.
    I have zero point zero debt.
    My house is paid cash.
    I’ve been a laborer all my life.
    I paid my daughters college cash.
    It’s not how much u make
    It’s how much u spend.

    • @kh884488
      @kh884488 3 ปีที่แล้ว +81

      Amen!

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 ปีที่แล้ว +97

      Well done.

    • @Awsomegirl909
      @Awsomegirl909 3 ปีที่แล้ว +66

      Good work

    • @aking1196
      @aking1196 3 ปีที่แล้ว +59

      Facts! My grandmother who was a bus driver always told me the same thing and that's what I tell people.

    • @TheRealEdStoner
      @TheRealEdStoner 3 ปีที่แล้ว +29

      And the biggest thing is you got a really early start without going into debt. The guy on the phone call is going to be half a million in debt at the age of 30 and probably be about 45 by the time he can start enjoying his life.

  • @CosmicCat23
    @CosmicCat23 4 ปีที่แล้ว +1192

    I had an anxiety attack just listening to this.

  • @RandomAmerican23
    @RandomAmerican23 4 ปีที่แล้ว +461

    My man needed to make this call 8-10 years sooner 🤦🏼‍♂️

    • @QuanHoang2x01
      @QuanHoang2x01 9 หลายเดือนก่อน +16

      Tbh i wish no one needed to be calling this show in the first place

  • @metsfanr86
    @metsfanr86 ปีที่แล้ว +215

    Everytime i feel overwhelmed about my situation I listen to calls like this and realize mines isn’t so bad

    • @sergioalfonsodiasvaldez3830
      @sergioalfonsodiasvaldez3830 7 หลายเดือนก่อน +4

      😂😂😂Agree!

    • @Seams-legit
      @Seams-legit 4 หลายเดือนก่อน

      Amen, brother. I remember going in my lawyer's office and saying I'm not filing bankruptcy.
      2 minutes later I'm on the phone with my wife we're filing bankruptcy

    • @NEO3578
      @NEO3578 4 หลายเดือนก่อน

      Same…..

    • @Seams-legit
      @Seams-legit 3 หลายเดือนก่อน

      @metsfanr86 what I never hear them talk about is the fact that if you start fixing your debt and then for some reason you can't at that point you may not pass the means test to file bankruptcy and now you're really in trouble

  • @strawberryxstarlight
    @strawberryxstarlight 4 ปีที่แล้ว +632

    Situations like his can really push people to suicide when they dig a hole they can't get out of. I hope this man can end up happy in life.

    • @lane1776
      @lane1776 ปีที่แล้ว +38

      Don't need a degree or a high paying job to be happy. This dude has priority problems

    • @pkdude5334
      @pkdude5334 ปีที่แล้ว +32

      unnecessary doctorate degree

    • @07truth
      @07truth ปีที่แล้ว

      He can just walk away. The sue and garnish what income? $57k?? Nope

    • @lionroaring7021
      @lionroaring7021 10 หลายเดือนก่อน +1

      He's young enough to dig out of it with his wife.

  • @samanthajones1044
    @samanthajones1044 2 ปีที่แล้ว +1669

    I’m genuinely shocked that people are allowed to even borrow more money when they owe so much! 😳🤯

    • @dennisjazzy2004ds
      @dennisjazzy2004ds 2 ปีที่แล้ว +11

      Well said.

    • @veronicastigger7947
      @veronicastigger7947 2 ปีที่แล้ว +86

      But say no to giving small business loans

    • @Jajaky
      @Jajaky 2 ปีที่แล้ว +70

      And then go on to say they want to be chief FINANCIAL officer

    • @MarkYeung1
      @MarkYeung1 2 ปีที่แล้ว +34

      That's a big problem for Americans

    • @MrMrMayday
      @MrMrMayday 2 ปีที่แล้ว +42

      That is why Student Loans are considered predatory loans. There is little consideration to how the loan will be paid back.

  • @Kysen10
    @Kysen10 4 ปีที่แล้ว +901

    Wow this dude got scammed, no piece of paper gets you a short cut to a VP or CEO position. What was he thinking.

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +92

      He had no mentorship and unfortunately no one wise was around to advise him.

    • @shakemiz
      @shakemiz 4 ปีที่แล้ว +75

      The funny thing is that he hasn't even realized it. He already has hundreds of thousands of dollars of debt but his plan hasn't changed...

    • @yemialemu9902
      @yemialemu9902 3 ปีที่แล้ว +21

      @@shakemiz Another crazy part to this equation is the fact that MOST pple can't find a job with BS in Health Care Admin & he's here doing his PhD lol good luck with that in that field. I wouldn't go that far in this field.

    • @MithosDagon
      @MithosDagon 3 ปีที่แล้ว +40

      He could get a VP position with a bachelors degree and strong experience. But he doesn’t sound smart enough to be in a role like that (don’t mean to insult him).

    • @yemialemu9902
      @yemialemu9902 3 ปีที่แล้ว +4

      @@agustino42491 a "nurse" that makes a difference...the person has the clinical portion as well as the mgmt portion down so this is viable.

  • @livedeliciously
    @livedeliciously 2 ปีที่แล้ว +243

    "I'd like to apply for the CEO position." 🙈

    • @carboyau
      @carboyau 7 หลายเดือนก่อน +25

      I'm no expert, but this guy doesn't sound like a CEO

    • @Opioidmoon
      @Opioidmoon 3 หลายเดือนก่อน +4

      DEADDD😂😂😂

  • @missy3505
    @missy3505 4 ปีที่แล้ว +847

    2 people with college making less than $60,000 WTH!!

    • @thatscardo86
      @thatscardo86 4 ปีที่แล้ว +127

      Right i work at a factory and make 75,000 without really working over time.. i never went to college and i run circles around most folks i know wity degrees..i have everything they have. By the time they catch up in they 40s i would have had it already.

    • @MoneyyMike
      @MoneyyMike 4 ปีที่แล้ว +8

      Joe joe 🐐

    • @Jdb63
      @Jdb63 4 ปีที่แล้ว +30

      @@JohnSmith-bk6ec You guys got it down to a science. Good for you

    • @Lobo1604
      @Lobo1604 4 ปีที่แล้ว +26

      @@thatscardo86 I dont make much as you. But i only took a 4 month class and got hired right away. Started at $20 hourly and went up to.$29 hourly in 3.5 years. About to start my registered nurse program for my first degree ever lol
      College is not.always necessary

    • @nightreader1264
      @nightreader1264 4 ปีที่แล้ว +1

      Miss Y should not have gone to college.

  • @JakeLesser
    @JakeLesser 4 ปีที่แล้ว +1584

    When he listed his situation I got more and more tense. Newborn child, CC debt, Student loans. Then the PHD reveal. Brutal.

    • @nocoastoutdoors4793
      @nocoastoutdoors4793 4 ปีที่แล้ว +99

      Yeah, just hearing this stressed me out big time.

    • @scotttracy9333
      @scotttracy9333 4 ปีที่แล้ว +79

      Exactly, my blood pressure was going up the more he was talking

    • @rachellebrooke4614
      @rachellebrooke4614 4 ปีที่แล้ว +14

      So sad

    • @seekyefirstknowledge9127
      @seekyefirstknowledge9127 4 ปีที่แล้ว +54

      He shouldn’t be making babies or a family when he’s in that much debt.

    • @DaringDanielletravels
      @DaringDanielletravels 4 ปีที่แล้ว +65

      Dont forget the mortgage, car loan and personal loan....

  • @dr.bradshaw
    @dr.bradshaw 4 ปีที่แล้ว +2765

    “I’m 28, my wife is 2” lol😂

    • @ericson0504
      @ericson0504 4 ปีที่แล้ว +532

      He said, "My wife is too." As in also 28. Haha, but it was an awfully odd way of saying it, took me a second.

    • @dronetrucker
      @dronetrucker 4 ปีที่แล้ว +11

      Lol

    • @dr.bradshaw
      @dr.bradshaw 4 ปีที่แล้ว +89

      rachel ericson uh yeah I understood that, it was just funny the way it sounded instead of “my wife is also”

    • @jonnaborosky8836
      @jonnaborosky8836 4 ปีที่แล้ว +26

      Two, to, too. His wife is also 28.

    • @dr.bradshaw
      @dr.bradshaw 4 ปีที่แล้ว +101

      Jonna Borosky omg please understand humor and sarcasm. You actually think that I took that literally and thought his wife was really 2?

  • @truegrit7697
    @truegrit7697 2 ปีที่แล้ว +38

    That guy at the desk with Ramsay sounds like a superhero or super villain - what a voice!

  • @petecheng1
    @petecheng1 4 ปีที่แล้ว +1260

    too much education. Need real world experiences.

    • @jonnaborosky8836
      @jonnaborosky8836 4 ปีที่แล้ว +41

      He's getting his real world education right now by working as a respiratory therapist.

    • @howlbeast
      @howlbeast 4 ปีที่แล้ว +2

      well said

    • @kodiakfamily8032
      @kodiakfamily8032 4 ปีที่แล้ว +9

      Very true. I had a family member with a business doctorate who is a professor at a large University. I went into a partnership with him.....huge mistake. Horrible business and it tanked. he went bankrupt. Then those of us who who went on were left with huge chunks to pay off. I think these kids need a Ramsey course and watch the movie Back to School with Rodney Dangerfield.

    • @Thesilentvoice...
      @Thesilentvoice... 4 ปีที่แล้ว +10

      It's not his fault though. Society hypes education to the point that people study for years just to get a great job, but in the end experience and hard work trumps all that. These days you dont need education to get rich or have a great career. Education is sold to get you a job but all it does is help you learn/study things. Education needs to stop being sold as a dream, because in reality it isn't.

    • @hornetguy9063
      @hornetguy9063 4 ปีที่แล้ว +3

      Rạfat education is also marketed as fun. And it kind of is. Just a few hours of class a day, being able to spend your afternoons hanging out on the quad or at the state of the art library while studying. And to boot, you can go see your friends every day. Compare to work, where you’re packed into a crowded office all day. This is especially true when you’re in your late teens and early twenties, where your non-military options are basically college, or a job where you’re micromanaged like crazy.

  • @ilyakuznetsov1691
    @ilyakuznetsov1691 4 ปีที่แล้ว +2806

    Imagine going to school thinking you’re getting degree to go “apply” to be a CEO lol

    • @charliegolding9439
      @charliegolding9439 4 ปีที่แล้ว +495

      *puts diploma on counter of hospital reception desk*
      "I'll take one C-suite position, please!"

    • @Tommyvercetti_yt
      @Tommyvercetti_yt 3 ปีที่แล้ว +193

      “I’ll take your job please”

    • @FearlessCaper1
      @FearlessCaper1 3 ปีที่แล้ว +31

      It is a managers position at a hospital.

    • @angelachanelhuang1651
      @angelachanelhuang1651 3 ปีที่แล้ว +8

      You need income

    • @joshw7415
      @joshw7415 3 ปีที่แล้ว +8

      Exactly!!!

  • @Roccofan
    @Roccofan 3 ปีที่แล้ว +647

    The problem is that the path to an executive position has only a small part to do with education. It’s really about your ability to lead and manage teams. You can learn some of that in school, but about 60% of it comes down to your personality and experience. No one cares how educated you are if they don’t like you.

    • @venkkandadai6042
      @venkkandadai6042 2 ปีที่แล้ว +8

      Yup

    • @noushs8004
      @noushs8004 2 ปีที่แล้ว +52

      He definitely doesn’t have the personality for it, too timid and unsure of himself

    • @Kni0002
      @Kni0002 2 ปีที่แล้ว +6

      probably don’t even need education

    • @woodside4life
      @woodside4life ปีที่แล้ว +10

      @@noushs8004Exactly. He couldn’t lead a a duck to water.

    • @scottishboy872
      @scottishboy872 ปีที่แล้ว +32

      PhD is meant to de research, not managment

  • @monharris28
    @monharris28 2 ปีที่แล้ว +49

    man i thought my situation was bad, but things are looking up...praying for this guy

  • @ThinkBeforeYouSleepYT
    @ThinkBeforeYouSleepYT 3 ปีที่แล้ว +1645

    I'm from the future. Spoilers, they didn't cancel all student debt.

    • @julianskinner3697
      @julianskinner3697 3 ปีที่แล้ว +21

      They never said they would.

    • @avarice4556
      @avarice4556 3 ปีที่แล้ว +1

      @@julianskinner3697 sexy

    • @LM-nn7sg
      @LM-nn7sg 3 ปีที่แล้ว +22

      Heeeeey one of my favorite tubers on the Ramsey channel! Nice.

    • @aaa-dc5us
      @aaa-dc5us 3 ปีที่แล้ว +2

      *Any

    • @irl8796
      @irl8796 3 ปีที่แล้ว +10

      Ya don’t say. I’m from the past. I could have told you the same thing

  • @everydaybodybuilding2282
    @everydaybodybuilding2282 4 ปีที่แล้ว +2238

    A lot of PhDs are kind of a joke honestly.

    • @MrLalasd
      @MrLalasd 4 ปีที่แล้ว +246

      PhDs are worth it. But if you have to pay to get PhD then it is not.

    • @tic8259
      @tic8259 4 ปีที่แล้ว +98

      @ihategooglespooks Well I just think if the PhD isn't in STEM, one has to look hard for funding and that can be difficult but not impossible. So many STEM PHD degrees however offer full tuition paid, benefits, and stipends. It's been a good investment for me.

    • @mihir5451
      @mihir5451 4 ปีที่แล้ว +31

      Its "Dr" word written before name.

    • @samweirich5973
      @samweirich5973 4 ปีที่แล้ว +151

      I have a PhD in Gender Studies.... and now I work the drive thru at Starbucks......

    • @edgehodl4832
      @edgehodl4832 4 ปีที่แล้ว +41

      @ihategooglespooks nope, financially phd is never worth it, I'm 4 year degree engineer and PhD get paid same as us, chase we got 5 year lead on PhD, 4 year degree engineer with 5 year exp is same as phd

  • @linhaton4957
    @linhaton4957 4 ปีที่แล้ว +369

    He's a professional student. He should probably put that respiratory degree to work now. Drop out of that PHD program and work 2 jobs.

    • @haute03
      @haute03 3 ปีที่แล้ว +35

      He definitely is. I know a few people like this. Constantly in school because they don't want to face having to join the workforce. While having an advanced degree can be helpful, it is not needed for what he wants to do.

    • @privatelifejust_4me
      @privatelifejust_4me 3 ปีที่แล้ว

      @@haute03 yikes

    • @thecramptons
      @thecramptons 9 หลายเดือนก่อน +8

      Right. He can make a ton of money being RT and working overtime shifts

    • @UntamedMann
      @UntamedMann 3 หลายเดือนก่อน

      @@haute03yep school all his life. Don't want to face reality

  • @ryankiel4895
    @ryankiel4895 ปีที่แล้ว +132

    Wow. Anytime I feel like my life is tough or get frustrated in the wealth building process, I just listen to calls like this and I feel immensely better.

    • @toddaustin2198
      @toddaustin2198 ปีที่แล้ว +16

      Same here. Makes me truly count my blessings.

    • @Soloman_1800
      @Soloman_1800 ปีที่แล้ว +6

      💯💯💯💯

    • @thatanonymouschic
      @thatanonymouschic ปีที่แล้ว +3

      Same.

    • @2jaegirl
      @2jaegirl ปีที่แล้ว +3

      same

    • @EmilyGloeggler7984
      @EmilyGloeggler7984 ปีที่แล้ว +1

      Or instead of patting yourself on the back, you could help your fellow man?

  • @allopez5836
    @allopez5836 4 ปีที่แล้ว +1724

    Man these calls make me feel a whole lot better about my situation 😊

    • @ricardomiranda7947
      @ricardomiranda7947 4 ปีที่แล้ว +3

      🤣🤣🤣

    • @Superboy8545
      @Superboy8545 4 ปีที่แล้ว +1

      Same.. Lol

    • @nagisa0931
      @nagisa0931 3 ปีที่แล้ว +48

      Same man, never have I felt better that I chose community college.

    • @alonzowilliams116
      @alonzowilliams116 3 ปีที่แล้ว +30

      Fixing your situation should be the only way you feel better about it

    • @thomasthumim7630
      @thomasthumim7630 3 ปีที่แล้ว

      You r funny

  • @cathyl7944
    @cathyl7944 4 ปีที่แล้ว +886

    It’s personality, drive, and discipline that open the doors to a c-level leadership position, not a degree.

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +27

      I know I don’t have the charisma, so at least I got the degrees. I did what I could.

    • @tortoisehead30
      @tortoisehead30 4 ปีที่แล้ว +66

      I work for a fortune 500 company. The CEO has only an undergraduate degree from a no-name university.

    • @jeanpierrerideout7560
      @jeanpierrerideout7560 4 ปีที่แล้ว +25

      @@tortoisehead30 Although the CEO is likely over 50, when ANY undergraduate degree was amazing LOL
      The standard has DRASTICALLY increased in the past 10 years.

    • @Maxdouble07
      @Maxdouble07 4 ปีที่แล้ว +1

      Couldn’t have said any better!

    • @lucuslopez6866
      @lucuslopez6866 4 ปีที่แล้ว +3

      Good to know skill is not involved

  • @Maxdouble07
    @Maxdouble07 3 ปีที่แล้ว +561

    When Dave said he doesn’t know where to start you know you’re done.

    • @shola7987
      @shola7987 3 ปีที่แล้ว +15

      Toast lol

    • @mwashi401
      @mwashi401 2 ปีที่แล้ว +7

      I said the same thing

    • @KatieBellino
      @KatieBellino ปีที่แล้ว +4

      Hard when the guy plans to accrue more debt for 2.5 years and is already well into his degree program. Only making $57k a year. Agreed, Dave was stressed just listening.

  • @OscarBarnaby3k
    @OscarBarnaby3k หลายเดือนก่อน +557

    We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

    • @TeddyAlexanderv6
      @TeddyAlexanderv6 หลายเดือนก่อน

      Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

    • @NikolasMartine01
      @NikolasMartine01 หลายเดือนก่อน

      You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

    • @GraceOliviaf7y
      @GraceOliviaf7y หลายเดือนก่อน

      Could you possibly recommend a CFA you've consulted with?

    • @NikolasMartine01
      @NikolasMartine01 หลายเดือนก่อน

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..

    • @GraceOliviaf7y
      @GraceOliviaf7y หลายเดือนก่อน

      Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

  • @CChantim
    @CChantim 4 ปีที่แล้ว +147

    I’ve been a healthcare manager for 17 years. Started in the military as a Health Services Manager and have a degree in Business. You don’t need a PhD, you start working then continue your education as you work.

    • @l.a6273
      @l.a6273 4 ปีที่แล้ว

      Any advice Im in the military and finished my assossiates in health and about to finish a bachelors in health an wellness I want to step into health care management when I get out.

    • @nintendoant88
      @nintendoant88 3 ปีที่แล้ว

      Exactly

    • @xRainxBowxBritex
      @xRainxBowxBritex ปีที่แล้ว

      This. And frankly this goes for anything. Once you have a license or certification or degree IMMEDIATELY start working and then work your way to what you actually want

  • @VenomKen
    @VenomKen 4 ปีที่แล้ว +2342

    John, forget the doctorate...take a math class.

    • @cataranneth8517
      @cataranneth8517 4 ปีที่แล้ว +53

      HYSTERICAL! BUT TRUE.

    • @michelleprice5945
      @michelleprice5945 4 ปีที่แล้ว +8

      Truth!

    • @dontundra2259
      @dontundra2259 4 ปีที่แล้ว +48

      They should make Dave Ramsey or a Dave Ramsey like class mandatory curriculum for high school and first year college students. But the powers that be would not allow it lets face it.

    • @VenomKen
      @VenomKen 4 ปีที่แล้ว +33

      @@dontundra2259 Never going to happen. If you teach people proper math then the governments accounting practices and poor use of money would be apparent to everyone.

    • @vision1545
      @vision1545 4 ปีที่แล้ว

      He he

  • @joefunk76
    @joefunk76 4 ปีที่แล้ว +100

    When your plan is to “be in an executive leadership position” rather than learn a skill of value to accomplish endeavors of value, you’re already starting off in the wrong mindset.

  • @samlavez001
    @samlavez001 13 วันที่ผ่านมา +1412

    Retirement is now more difficult than it was in the past. I've been saving for a long time instead of investing, and right now I only have about $400K. considering all the inflation, i'm thinking of investing in stocks, i dont just have idea on market strategies.

    • @PositiveChange-e7x
      @PositiveChange-e7x 13 วันที่ผ่านมา

      Do you plan on retiring before 59?, That is what determines it for me. I switched to cash flowing assets because I wanted to retire early.

    • @AravindRia
      @AravindRia 13 วันที่ผ่านมา

      At a point like this, when the pressure is already on you to retire, its best recommended you seek the services of an adviser, as this allows you make smarter investing decisions.

    • @UnityStandard
      @UnityStandard 13 วันที่ผ่านมา

      Can you recommend any? I am in need of a CFP to grow my retirement account.

    • @AravindRia
      @AravindRia 13 วันที่ผ่านมา

      Rebecca Lynne Buie has always been my top recommendation. Renowned for her expertise in financial markets and backed by an impressive track record, she comes highly recommended.

    • @RaphBeekers
      @RaphBeekers 13 วันที่ผ่านมา

      I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip

  • @ToddBaldwin
    @ToddBaldwin 4 ปีที่แล้ว +2448

    "I don't have a fancy degree. But all the folks who work for me do." - 50 Cent

    • @TheFishingNomad
      @TheFishingNomad 4 ปีที่แล้ว +283

      An isolated incident doesn't prove much. The vast majority of PhDs make more than the vast majority of musicians.

    • @00PAKAL00
      @00PAKAL00 4 ปีที่แล้ว +69

      @@TheFishingNomad Well it was more of an example, not an isolated incident. You could find many examples outside of the music business

    • @yismagic6949
      @yismagic6949 4 ปีที่แล้ว +12

      The Fishing Nomad yeah, and 50 cent is garbage

    • @backpain100
      @backpain100 4 ปีที่แล้ว +94

      @@00PAKAL00 same stories outside of the music business tho. It's true that you can be successful without a degree, but on average, a degree offer more security and higher income over the lifetime.

    • @samestuffdifferentday5712
      @samestuffdifferentday5712 4 ปีที่แล้ว +76

      A degree doesn’t guarantee anything. Degrees used to mean something back in the 60s 70s but nowadays they’re overrated

  • @thethinkingstone9248
    @thethinkingstone9248 2 ปีที่แล้ว +79

    $400 on my CC with a 18k limit gives me heartburn....how are people ok with $26k in CC debt?!?!

    • @joeishere500
      @joeishere500 ปีที่แล้ว +2

      CHA-CHING

    • @jacquelineglitter4328
      @jacquelineglitter4328 3 หลายเดือนก่อน +2

      I have 30.00 and I'm waiting for it to post online so I can pay it off. I wonder how much on that credit card was eating out and buying clothes and junk.

  • @bobschnittman2856
    @bobschnittman2856 4 ปีที่แล้ว +104

    Chris Hogan is awesome. "you've been sold a fake dream" -- amazing.

    • @Chris-fe5nk
      @Chris-fe5nk 3 ปีที่แล้ว +2

      Your high school counselor would disagree

    • @greggonzalez859
      @greggonzalez859 3 ปีที่แล้ว +10

      His voice just adds to the overall doom of the situation.

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 ปีที่แล้ว +2

      @@Chris-fe5nk Yaah, well they are the ones pushing people into a lifetime of debt, and not honestly assessing the value of certain degrees.

    • @Chris-fe5nk
      @Chris-fe5nk 3 ปีที่แล้ว +2

      @@Musicienne-DAB1995 yea I find it a disturbing trend. My nephew's counselor talked him into attending college, a decade later he can barely stay on top of the loans he took out.

  • @Hannahbenowitz
    @Hannahbenowitz 6 หลายเดือนก่อน +487

    First of all, this whole economic chaos was powered by optimism that the FED is done with hiking interest rates. Now that interest rate crash is the situation, where do we go from here? How would you advise I safely allocate $250k funds at this point?

    • @HildaBennet
      @HildaBennet 6 หลายเดือนก่อน +1

      The market is volatile at this time, But doesn't the Federal Reserve's monetary policy and low interest rates contribute to the current valuations? hence I will advice you get yourself a financial advisor that can provide you with entry and exit points on the share/ETF you focus on.

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 6 หลายเดือนก่อน +1

      Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my CFP are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.

    • @JosephineKenney
      @JosephineKenney 6 หลายเดือนก่อน +1

      This sounds interesting. My portfolio is in the red. Can you recommend your analyst, please?

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch 6 หลายเดือนก่อน

      ’Sharon Lee Peoples is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @bedeckt
      @bedeckt 5 หลายเดือนก่อน

      !!!SCAM!!!
      THIS COMMENT CHAIN IS FAKE, FABRICATED BY A SINGLE PERSON USING MULTIPLE ACCOUNTS!!! NONE OF THESE PEOPLE ACTUALLY EXIST!!!
      Its designed to lure YOU into wasting your money while thinking that you are investing in your future. Do NOT fall for it.

  • @finnmccool684
    @finnmccool684 4 ปีที่แล้ว +515

    When you add in the mortgage, the dude is $500K in the hole. Dude, beg your university for a master's degree, go get a mid-level job in your field, and climb the ladder. Finish the Ph.D later.

    • @scotttracy9333
      @scotttracy9333 4 ปีที่แล้ว +22

      Put another way he's half a million in the hole .. scary

    • @howlbeast
      @howlbeast 4 ปีที่แล้ว +8

      I exactly said that, Dude should just get a mentor or join a startup company or start at HR and move up and jump ship into hospitals where there are big bucks and move up! He went so left and down a hill

    • @darmy713
      @darmy713 4 ปีที่แล้ว +14

      Or SKIP THE PHD ENTIRELY

    • @Only2GendersCommonSense
      @Only2GendersCommonSense 4 ปีที่แล้ว +5

      He has $300k in student debt and he's only 3 years into the PhD program. Add another $150-200k to that as well if he chooses to finish.

    • @Flourish_today
      @Flourish_today 4 ปีที่แล้ว +3

      I wonder if there were no scholorships for that PHD.

  • @lights80088
    @lights80088 4 ปีที่แล้ว +410

    Just one more person who borrows huge amounts of money, want's to file bankruptcy, walk away, "take" more money, then let the rest of us pay for it.

    • @lifecontent6525
      @lifecontent6525 4 ปีที่แล้ว +36

      Bad part is there are alot of this entitlement mentality, I get what I want and the rest of us pay. I worked 2 jobs and did it as I payed. It took longer, but got through owing nothing. Btw I had 2 kids and it was hard.

    • @MiguelDominguez-tj8he
      @MiguelDominguez-tj8he 4 ปีที่แล้ว +26

      He won’t have student loans dissolved in bankruptcy. Truly the one piece of debt that sticks with you

    • @lights80088
      @lights80088 4 ปีที่แล้ว +9

      Both of you are so correct. I had hard times for many years as well. My bills were always payed and most importantly, I did without instead of just making more debt. Now, all is well not having to worry all the time.

    • @MiguelDominguez-tj8he
      @MiguelDominguez-tj8he 4 ปีที่แล้ว +3

      Tom Boyd that’s amazing! Congratulations!

    • @timothyhager5391
      @timothyhager5391 4 ปีที่แล้ว +9

      ihategooglespooks I hear you man. Some people deserve the pain that socialism brings with it. Unfortunately, socialist don’t give up their power willingly, so it could take decades and war to get our country back

  • @ZBspicey
    @ZBspicey ปีที่แล้ว +112

    How universities can charge this much is beyond criminal

    • @sharktoof1
      @sharktoof1 ปีที่แล้ว +8

      It’s ridiculous indeed.

    • @MidwestBoom
      @MidwestBoom ปีที่แล้ว

      Because idiots like this guy keep buying.

    • @tristanmolina894
      @tristanmolina894 10 หลายเดือนก่อน +6

      No university charged this much. He pulled out a student loan to lay for college and to pay for bills. He didn't want a job somewhere in between so he used his loans for personal shit. You shouldn't pay no more than 100k for college. That's pushing it hard. You don't need to go to a supreme school

    • @adamduarte895
      @adamduarte895 9 หลายเดือนก่อน

      @@tristanmolina894yeah also the more easy money you give to universities, it just inflates the cost, it’s pretty simple economics

    • @QuanHoang2x01
      @QuanHoang2x01 9 หลายเดือนก่อน +2

      360k is student and house loans. He also uses student loans to pay for his daily bills

  • @esonon5210
    @esonon5210 4 ปีที่แล้ว +402

    YOU DON'T NEED A PHD TO BE A CEO.....

    • @justinacase2623
      @justinacase2623 4 ปีที่แล้ว +4

      Yup Gates dropped out, has a criminal record

    • @kp2638
      @kp2638 4 ปีที่แล้ว +9

      Diem Golightly to be in healthcare leadership you’re going to need a MBA or MHA these days.

    • @justinacase2623
      @justinacase2623 4 ปีที่แล้ว +3

      @@kp2638 or a 2 year degree like Richard Scruchy

    • @esonon5210
      @esonon5210 4 ปีที่แล้ว

      @Diem Golightly you don't even really need that

    • @cgasucks
      @cgasucks 4 ปีที่แล้ว +2

      @Diem Golightly Steve Jobs, Bill Gates, and Mark Zuckerberg will tend to disagree with you.

  • @QuestionEverythingButWHY
    @QuestionEverythingButWHY 4 ปีที่แล้ว +828

    “The quickest way to double your money is to fold it in half and put it in your back pocket.”
    -Will Rogers

    • @austintomkewitz7206
      @austintomkewitz7206 4 ปีที่แล้ว +14

      Well I'll be those losers investing in the stock market pffff

    • @braxxian
      @braxxian 4 ปีที่แล้ว +10

      Indeed. I keep my money in the bank, I paid off my house and I live a frugal modest lifestyle. Sure my money in the bank doesn’t make much but I never loose it when there is a downturn in the economy and I don’t have the endless stress of worrying when the next crash will arrive and wipe out half my wealth. I will take half of something over all of nith8ng any day.

    • @jasonwilkins1969
      @jasonwilkins1969 4 ปีที่แล้ว

      Stealing this

    • @armandopacheco-soto3592
      @armandopacheco-soto3592 4 ปีที่แล้ว +8

      Inflation will ruin the value of keeping your money saved vs the stock market

    • @gd1889
      @gd1889 4 ปีที่แล้ว +1

      @@armandopacheco-soto3592 Also if Uncle Sam keeps printing trillions. We might as well start acquiring assets with it.

  • @21prufrock
    @21prufrock 4 ปีที่แล้ว +149

    I am in healthcare and I have never seen anyone who landed an executive position by getting a PhD. You need experience!! I would stop the studying and just get a better job and work your way up. And like Dave said, get the organization to help pay for it. Also, another thing, people don't like hiring over educated and under experienced people.

    • @noisehonk
      @noisehonk 3 ปีที่แล้ว +17

      all them degrees is a red flag for hiring managers

    • @MsRenny23
      @MsRenny23 2 ปีที่แล้ว +3

      Amen! So true!

    • @Elizabeth-yg2mg
      @Elizabeth-yg2mg 2 ปีที่แล้ว +11

      I worked in medical research for years and the top administrators told me that "phds are a dime a dozen". There are a lot of them and having one doesn't mean you know how to do anything.

    • @susanmarie4891
      @susanmarie4891 2 ปีที่แล้ว +4

      Exactly! Education is one small piece if his career! Get some experience now!

    • @KatieBellino
      @KatieBellino ปีที่แล้ว +1

      Yes, experience and maybe a Master's is all he should really need to enter the career he's interested in.

  • @Thedarkestcowboy
    @Thedarkestcowboy ปีที่แล้ว +9

    I was having a bad day. But not as bad as this guys. Thank god!

  • @justinredman9463
    @justinredman9463 4 ปีที่แล้ว +536

    He already is CEO: Chief Executive Overspender.

    • @andrew15stewart
      @andrew15stewart 4 ปีที่แล้ว +7

      😂 😂😂

    • @ES1Baller
      @ES1Baller 4 ปีที่แล้ว +1

      Except is overspending in a terrible way, loans!!!!

    • @PauletteTheNurse
      @PauletteTheNurse 3 ปีที่แล้ว +5

      Bro ! I spitted my drink laughing so hard 😂😂😂😂

    • @dustinwiggin9470
      @dustinwiggin9470 3 ปีที่แล้ว

      I like that I'll use that with my wife. :)

    • @luisannafrias4404
      @luisannafrias4404 3 ปีที่แล้ว

      🤣🤣🤣😂😂

  • @edwincgov
    @edwincgov 4 ปีที่แล้ว +138

    How's he supposed to be a CEO and manage a budget of millions of dollars when he has no concept of financial responsibility?

    • @zybard01
      @zybard01 2 ปีที่แล้ว +3

      awesome comment

    • @Undercoverbrotherfromanother
      @Undercoverbrotherfromanother 2 ปีที่แล้ว +2

      Great point

    • @spankynater4242
      @spankynater4242 ปีที่แล้ว +1

      or common sense in general.

    • @kathys1285
      @kathys1285 ปีที่แล้ว

      Man I would never hire him he’ll bankrupt the hospitals 🏥😳🙄😲😬

    • @shawnwoolsey117
      @shawnwoolsey117 ปีที่แล้ว

      ​@@spankynater4242 sounds like most ceos I've worked for lol

  • @lanceknuth5300
    @lanceknuth5300 4 ปีที่แล้ว +207

    "Oh I was NOT aware of that."
    Please nobody ever put this guy in charge of anything in a hospital. I already can't afford any serious medical care.

    • @patpatmoomoo5524
      @patpatmoomoo5524 4 ปีที่แล้ว +10

      Ugh, I’m inclined to agree but then again he is 28 and married and with a child so his life appears to be about schooling and family as opposed to keeping the pulse of personal finances.... I hope he learns a big lesson for both areas: personal and business

    • @302ec
      @302ec 4 ปีที่แล้ว +15

      Lol good point. If you aren't able to manage your personal finances, how are you going to manage a hospital or company finances. Don't give me that old he can pay someone to do that. No. It's important to understand the financials and lead an organization to manage them well

    • @ty77770
      @ty77770 4 ปีที่แล้ว

      Lance Knuth lol 😂

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +1

      I’m extremely good with personal finances and didn’t know about that too. I never took a loan and don’t know much about debt-related matters.

    • @lanceknuth5300
      @lanceknuth5300 4 ปีที่แล้ว +2

      @@thecatnextdoor12 To have never taken on debt you are in fact extremely good with personal finances. That is impressive.
      If one does not operate in the debt marketplace I can understand not being aware that accruing more debt while cancelling others is not possible; however, as Mr. Ramsey pointed out as a matter of principle one should not be doing such a thing. With a history of taking out debt from multiple sources I would have thought that John would have at least understood that failing to pay debt constitutes theft.

  • @TinaMyles
    @TinaMyles ปีที่แล้ว +145

    Dave Ramsey's insights have been a game-changer for me! His practical approach to financial management has empowered me to take control of my money and work towards a debt-free life. The Total Money Makeover is my go-to guide, and I appreciate how he breaks down complex concepts into easy-to-follow steps.

  • @TheBlackDorothyZbornak
    @TheBlackDorothyZbornak 4 ปีที่แล้ว +673

    As a respiratory therapist he would be making so much, why isnt he interested in doing that? That's so weird! A PhD is far from necessary. During this pandemic they were offering RTs 10k/week!

    • @cgasucks
      @cgasucks 4 ปีที่แล้ว +75

      Yeah. Respiratory Therapists are having the time of their lives because of the China Virus. It is a good time to be one.

    • @ed8329
      @ed8329 4 ปีที่แล้ว +18

      Yeah RTs hit pay dirt!

    • @TuliTheUnruly
      @TuliTheUnruly 4 ปีที่แล้ว +28

      That's my first thought. He has a great degree already. Why jump into another so soon?

    • @Flourish_today
      @Flourish_today 4 ปีที่แล้ว +17

      He wants to be a CEO.

    • @yemialemu9902
      @yemialemu9902 3 ปีที่แล้ว +25

      @@MrSkyline350gt 10k per week for RTs?? Is this real?

  • @ithinkigottalent4047
    @ithinkigottalent4047 4 ปีที่แล้ว +123

    Bless his heart - I work for a healthcare organization and the thing about leadership that has NOTHING to do with title is that people need to LIKE YOU. If your community doesn't embrace you, you're not going anywhere. That goes for ANY ORGANIZATION, regardless of field. Community and relationships are EVERYTHING!!!

    • @Basquesi68
      @Basquesi68 4 ปีที่แล้ว +1

      100% agree

    • @zybard01
      @zybard01 2 ปีที่แล้ว +11

      I said the same. I worked in hospitals and healthcare and I can promise that when the hospital executives step down, their replacement was hand-picked from a small, nepotism pool of friends 2-3 years prior.

    • @visuals2075
      @visuals2075 ปีที่แล้ว

      facts

    • @TheMichelex20
      @TheMichelex20 ปีที่แล้ว +1

      Yep I work in healthcare and what you say is FACTS.

    • @ryankiel4895
      @ryankiel4895 ปีที่แล้ว +3

      I would not call it "community and relationships". It's just the "good old boys club".

  • @joelma1109
    @joelma1109 2 ปีที่แล้ว +85

    Chris hogan’s facial expressions and Dave Ramsey being left speechless is all we need to see.

  • @nasserrachedi5238
    @nasserrachedi5238 2 ปีที่แล้ว +4

    That’s more help then I have received my entire life.
    I’m glad the guy is getting some help.

  • @danjohn7002
    @danjohn7002 4 ปีที่แล้ว +317

    And I was stressing over a 5k debt

    • @naveygill1793
      @naveygill1793 4 ปีที่แล้ว +37

      Good, that means you’re responsible. Living with debt is never okay unless it’s an affordable mortgage.

    • @ororomonroe8022
      @ororomonroe8022 3 ปีที่แล้ว +7

      never lose that mindset

    • @TS-wb4xc
      @TS-wb4xc 2 ปีที่แล้ว

      🤭

    • @mikebarker6979
      @mikebarker6979 2 ปีที่แล้ว

      @I am me • 25y ago no it won't lol

    • @abelmaciasruiz4570
      @abelmaciasruiz4570 2 ปีที่แล้ว +1

      Same lol

  • @marcdonvito6485
    @marcdonvito6485 4 ปีที่แล้ว +216

    The main purpose of getting a Ph.D. is to become a college professor or scientific researcher. To become a businessman you normally start working as soon as possible, then do night school if necessary for your job.

    • @cgasucks
      @cgasucks 4 ปีที่แล้ว +9

      Yes. I've been in sales for over 20 years and once a very good foreign currency trader managing millions of dollars for my clients back in the day. You'd think you need an MBA to do that?? Nope. I was a University School Dropout. My bosses and the owners of the company at the time were dropouts as well.

    • @oldtwinsna8347
      @oldtwinsna8347 3 ปีที่แล้ว +6

      CEO in particular requires many years of staging yourself over different leadership positions. Starting from junior management, then multiple senior level management positions, before even being considered for executive positions. Although certain attributes are important, such as good writing and presentation skills, most of your talent is going to shine with leadership. Meaning, technical talent is not really important. In fact, it can be detrimental if you become micro-management oriented trying to focus on technical you learned in a specialized skillset when you should be delegating those tasks out.

    • @MsRenny23
      @MsRenny23 2 ปีที่แล้ว

      Exactly!

    • @marsallen4298
      @marsallen4298 ปีที่แล้ว

      I have a Ph.D in Ph.D

    • @rachelmaddowswife8713
      @rachelmaddowswife8713 8 หลายเดือนก่อน

      Absolutely. You can transition to the business side of the STEM industry after starting out in research, I have a family member that's a CEO of a pharma company, but you don't need to go into debt for that, Biology and Chemistry PhD's are free with a living stipend. Another path is management consulting, those frequently lead to high level business jobs, and the company you work for will pay for you to get an MBA at night. There's literally no reason to go into debt for graduate degrees if your goal is business. There are a very small number of professional track grad degrees that it makes sense to go into debt for, like an MD, not made up PhD's like this caller is getting. What a nightmare, he made a huge mistake. Didn't his college have professors and career counselors to talk him out of this? Yikes.

  • @brianafranklin8164
    @brianafranklin8164 4 ปีที่แล้ว +137

    He only needs an MHA. He’s getting a Ph.D for no reason. Most C Suite executives in healthcare have an MHA or an MBA. Smh

    • @ChrisMFlorida
      @ChrisMFlorida 4 ปีที่แล้ว

      Or a MCP

    • @harrisonwintergreen1147
      @harrisonwintergreen1147 4 ปีที่แล้ว +16

      "But the college advisor said..."

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +12

      harrison wintergreen The college advisor couldn’t get any other job so he/she became the advisor.

    • @brianafranklin8164
      @brianafranklin8164 4 ปีที่แล้ว

      sara yup I’m getting my MHA now and I graduate next Spring. Idk who he got his advice from smh

    • @TheCardanoArmy
      @TheCardanoArmy 4 ปีที่แล้ว

      The MBA would be most versatile here.

  • @tanyafulton583
    @tanyafulton583 ปีที่แล้ว +2

    Watching calls like this and an episode of Hoarders makes me feel pretty good about life. I hope he's doing much better now.

  • @leahmcdermott4189
    @leahmcdermott4189 4 ปีที่แล้ว +388

    When Dave asked what his doctorate degree was in, I was literally biting my nails in anticipation and worry
    Me: Please please don’t say something crazy
    Caller: Organisational leadership with a focus in health administration”
    Me: 🤦‍♀️🤦‍♀️🤦‍♀️.
    I just knew Dave would start stressing. This whole call was stressful. Who needs a PHD in leadership? Jesus, take the wheel 😩

    • @scotttracy9333
      @scotttracy9333 4 ปีที่แล้ว +12

      LOL... Great comment !!

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 ปีที่แล้ว +6

      Agreed!

    • @benjaminralow1176
      @benjaminralow1176 2 ปีที่แล้ว +7

      There were no cars 2000 years ago. Stop asking Jesus to take the wheel.

    • @TheRealTburt
      @TheRealTburt 2 ปีที่แล้ว +18

      I know. Leadership is something you learn through field experience, not a doctorate. What is specifically different about running a hospital than it is running another type of company that it requires a doctorate?

    • @teedani1
      @teedani1 2 ปีที่แล้ว +16

      @@benjaminralow1176 that saying has nothing to do with a car. You must be young smh lol

  • @djpuplex
    @djpuplex 4 ปีที่แล้ว +365

    He's a professional student. Chemist, respiratory therapist, hospital ceo he's a master of none. If he hangs out with that lawyer that may be his next direction.

    • @steveande6560
      @steveande6560 3 ปีที่แล้ว +44

      He just found Dave's Baby steps. He's going to become a financial advisor

    • @betsi9183
      @betsi9183 3 ปีที่แล้ว +9

      😂😂 that I thought respiratory therapist are doing a lot money during the pandemic, and as a chemist he can start at 60 or 70K, if he want to get a PhD better start a job and in long way see if the company will help you out

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 ปีที่แล้ว +3

      I felt attacked by this... because I have had the same kind of attitude.

    • @TheRealEdStoner
      @TheRealEdStoner 3 ปีที่แล้ว +14

      People that think going back to college is the answer to everything are basically financially illiterate.

    • @Musicienne-DAB1995
      @Musicienne-DAB1995 3 ปีที่แล้ว +1

      @@TheRealEdStoner Yep. Basically my life story. It's a dangerous mindset.

  • @DaltonCole
    @DaltonCole 3 ปีที่แล้ว +890

    Never pay for your own Masters or Ph.D. degree. Get a company, a grant, or a graduate teaching position (grader job) to pay for it. - A Ph.D. Student

    • @Applauseify
      @Applauseify 3 ปีที่แล้ว +29

      Srudentr who maybe first generation and have not been exposed to the educational path, may not know this. They may not know how to calculate these practicalities. Financial literacy is also a matter of privilege. If one has seen their family struggling for pay check to pay check, the chances are high they donot know how to manage finances.

    • @pandaonsteroids5154
      @pandaonsteroids5154 3 ปีที่แล้ว +4

      @@Applauseify I am only going to be a junior next year for my bachelor's degree and I know these things because my teachers and other students repeat this. To be fair, I am going for a B.B.A. or Bachelor of Business Administration, so I have taken a principal Finance class, but I do not know how that info doesn't travel around just by talking to people! How many other students applying to masters and PhD programs did he talk to and not one person told him about these things.. It's kind of unbelievable.

    • @regularity2556
      @regularity2556 3 ปีที่แล้ว +24

      @@Applauseify In the age of Google and TH-cam, information is not a privilege.

    • @thkthk12
      @thkthk12 3 ปีที่แล้ว +15

      Yea this guy isnt smart most if not all respectable phd program give out grants for the exactly the thing you just described. Let's be honest this guy doesnt know what he can do with his degree. Even the way he answered dave's question is sus "doctorate" and "health care adm". No one actually going somewhere in their actual career wouldnt go school and not actually work on his career at the same time. He's doom

    • @godisgoodgodisgood8941
      @godisgoodgodisgood8941 3 ปีที่แล้ว

      Fact!!!

  • @EvotrekORIGINAL
    @EvotrekORIGINAL ปีที่แล้ว +12

    God bless you Dave, you really help more folks than you know.

  • @yamamancha
    @yamamancha 4 ปีที่แล้ว +452

    This is the most jaw-dropping call I've heard in a while. Dude has a chem degree but then switched gears in the worst way possible. Chris and Dave could spend an hour just unraveling through this guys mess.

    • @medebarr
      @medebarr 4 ปีที่แล้ว +53

      IKR? Hard science, hard/marketable skillset (respiratory) but he’s pushing for a PhD as a leader with no experience in the trenches? Wow.

    • @ironmonkey1512
      @ironmonkey1512 4 ปีที่แล้ว +3

      I know people with science degree that go to law school it's not that uncommon.

    • @RealSkyBlue18
      @RealSkyBlue18 4 ปีที่แล้ว +6

      iron monkey Actually people with science degrees are a great fit for patent law.

    • @heidithaw1072
      @heidithaw1072 4 ปีที่แล้ว +4

      @@medebarr I monitor clinical drug trials. He could apply to be in a training program and get to six figures in a few years.

    • @BengalTiger47
      @BengalTiger47 4 ปีที่แล้ว +21

      Dude clearly didn’t do proper career research and rushed into this deception he thought was a realistic path. I switched gears at age 30, was working retail banking making $40k in horrible micro-managed environments. But I did my research and looked for the best technical career I could transition to without paying an astronomical amount of money. I went and got a Masters in Info Systems with a $30k loan, and here I am 5 years into my career as a Business Analyst making $100k.

  • @taahdaah3813
    @taahdaah3813 4 ปีที่แล้ว +395

    Did they miss the part were he said he's a respiratory therapist? I get the feeling he wants to be called a doctor without going to medical school.

    • @patpatmoomoo5524
      @patpatmoomoo5524 4 ปีที่แล้ว +7

      lol agree

    • @pic376
      @pic376 4 ปีที่แล้ว +108

      Lol This man could be working for a hospital as a respiratory specialist. Have the hospital pay for his PhD, and rise up the ranks to become their CEO. May take a little bit longer but it would be a lot cheaper. Now he got tons of headaches. Don't envy him.

    • @thelastmemphian
      @thelastmemphian 4 ปีที่แล้ว +36

      Diem Golightly bingo, this guy wants the status of a fancy job without having any experience aside from studying

    • @jonnaborosky8836
      @jonnaborosky8836 4 ปีที่แล้ว +11

      Good point, especially with a degree in chemistry. I thought when I heard that he probably thought he'd be a medical doctor. I worked in the medical field for years and know it's the business department that dictates medical care patients get. I think he's pretty wise about his career goals, but needs to find more resourceful means of getting there. With his undergrad degree and hospital experience, he'll make a very good administrator. God bless him!

    • @jonnaborosky8836
      @jonnaborosky8836 4 ปีที่แล้ว +2

      @@pic376 He IS working as a respiratory therapist.

  • @db2631
    @db2631 4 ปีที่แล้ว +205

    He will be the real life Breaking Bad character! 380000 in debt with a chemistry degree. I see the desert and a rv in his future.

    • @OneshotMovement
      @OneshotMovement 4 ปีที่แล้ว +11

      😭😭😭😭😂

    • @ES1Baller
      @ES1Baller 4 ปีที่แล้ว +5

      😂😂 “Say my name”

    • @writingonthewall3326
      @writingonthewall3326 3 ปีที่แล้ว +2

      Ha

    • @steveande6560
      @steveande6560 3 ปีที่แล้ว +2

      D B That's savage

    • @goodgirlsguide
      @goodgirlsguide 2 ปีที่แล้ว

      Needs to take the equity after selling the house and car and pay off the debt.

  • @alexisidro
    @alexisidro 3 ปีที่แล้ว +77

    Having an anxiety attack just listening to this. Best of luck to this man and his family.

    • @jayo3074
      @jayo3074 ปีที่แล้ว +3

      He's finished

  • @JoshIsOnAMission
    @JoshIsOnAMission 4 ปีที่แล้ว +165

    As someone with a huge amount in student loans, I feel for him and his wife. Praying they can get their act together and can only wish them the very best.

    • @TurkeyCreekjackjohnson_
      @TurkeyCreekjackjohnson_ 2 ปีที่แล้ว +5

      Thoughts and prayers

    • @HMMELD
      @HMMELD 2 ปีที่แล้ว +7

      I'm not sure how sorry I feel for somebody who does it to themself. I know somebody who lost nearly a million dollars through no fault of his own. Those are the people I feel for.

  • @samueldavid-durocher4157
    @samueldavid-durocher4157 4 ปีที่แล้ว +21

    John is really lucky to have found Dave and Chris. What a formidable response from their part, one of their finest.

  • @Petroguest-i4g
    @Petroguest-i4g ปีที่แล้ว +290

    I started stacking to SAVE wealth. I've always been the type of person to spend my entire paycheck. I hate having money just sit in the bank. I am under pressure to grow my reserve of $950k. before I turn 60, I would appreciate any advice on potential investments.

    • @devereauxjnr
      @devereauxjnr ปีที่แล้ว +2

      I can feel your pains. New guys need to realize the risks that come with all of this. You could lose it all and you could win it all. It goes both ways. Second, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge.

    • @2024Red-j5t
      @2024Red-j5t ปีที่แล้ว +2

      @@devereauxjnr Factos!! Since the market became extremely volatile and pressure increased (I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600K net from all of my holdings.

    • @Countstep0099
      @Countstep0099 ปีที่แล้ว +1

      @@2024Red-j5t That's impressive, my portfolio have been tanking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the Adviser you're using.

    • @2024Red-j5t
      @2024Red-j5t ปีที่แล้ว +4

      @@Countstep0099 credits to NICOLE DESIREE SIMON, one of the best portfolio manager;s out there. she;s well known, you should look her up

    • @Countstep0099
      @Countstep0099 ปีที่แล้ว

      @@2024Red-j5t Thanks for the info, i found her website and sent a message hopefully she replies soon.

  • @michellemybelle22
    @michellemybelle22 4 ปีที่แล้ว +60

    Take personal responsibility dude. People like this make me sick. Pass on your bad decisions to the rest of us, thanks.

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +6

      Agreed, however it’s so entertaining to watch calls like this one, it may be almost worth the cost.

    • @GR-uc1gq
      @GR-uc1gq 4 ปีที่แล้ว +2

      @@devilsadvocate7059 Maybe as tax payers? I honestly don't know

    • @gsquared2394
      @gsquared2394 4 ปีที่แล้ว +2

      Yeah WE are insuring those federal loans as taxpayers. The lenders are sure to get their money, with interest, because the federal student loan program is a disaster, and the callee is a prime example. Administration positions in healthcare start out at 50-60k if he’s lucky. It’ll be a while before he even breaks six figures while the meter is always running.

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว

      @Csab Oh, apologies.

  • @Anfiyaah
    @Anfiyaah 3 ปีที่แล้ว +97

    This guy did not think anything through. Honestly, he doesn’t have the long term vision to be in the c-suite position. The decisions he made tells you he is not a critical thinker nor organize. There is no degree that propels you into a CEO role. Poor fella. He posted in the comment section and it sounds like he’s heading in the right direction.

    • @Fishouta
      @Fishouta 3 ปีที่แล้ว +4

      Where?

  • @annieluong5568
    @annieluong5568 4 ปีที่แล้ว +111

    Delusional. Who gets a PhD with CEO/COO/C-Suite as the end goal without an inkling of the industry or company he's pursuing? He has no idea what he is doing.

    • @goodgirlsguide
      @goodgirlsguide 2 ปีที่แล้ว +10

      His mum's advice is stupid. If he goes bankrupt, no company will hire him as a CEO. How could they trust him?

    • @ziggywalsh5562
      @ziggywalsh5562 7 หลายเดือนก่อน

      And his wife is happy to join in dragging him down, with her beyond stupid studfnt loan attitude.

    • @studleyjb3172
      @studleyjb3172 6 หลายเดือนก่อน +1

      He has already bought the ties!!

  • @WeiFinder
    @WeiFinder ปีที่แล้ว +10

    I'm so fortunate my dad always taught me to own and not to owe. I've never taken on (bad) debt in my life, I can't imagine what he or others in similar situations must feel like. The goal for me has always been freedom, location, financial, and emotional. Being 400k in debt with his income must be so crippling.

  • @1redrubberball
    @1redrubberball 4 ปีที่แล้ว +37

    "I'm pursuing a doctoral degree in organizational leadership and I'm not even slightly ashamed to admit I'm lost and can't manage money or my affairs".

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 4 ปีที่แล้ว +169

    57k income means this was a bad investment.
    It’s just time to start eating this elephant.

    • @NickFaulkner
      @NickFaulkner 4 ปีที่แล้ว +13

      "Eating the elephant"? Never heard that term before, but I can figure out what it means.

    • @mannyjeanpierre4062
      @mannyjeanpierre4062 4 ปีที่แล้ว +2

      Wise advice

    • @lorieslater4372
      @lorieslater4372 4 ปีที่แล้ว +1

      @ihategooglespooks Dave uses this as a metaphor for "how to get out of debt?...pay off one loan at a time

    • @jaybrook07
      @jaybrook07 4 ปีที่แล้ว +5

      57k is between the two of them. So it's even worse

    • @cvill0045
      @cvill0045 4 ปีที่แล้ว

      I always find you commenting gems on these Ramsey videos!
      Thanks for that! I just nod my head and keep learning lol.

  • @Mitzi73
    @Mitzi73 4 ปีที่แล้ว +314

    Dave: “a degree in what!?” Me: “Left-handed puppetry, sir.”

    • @INSIGHTCO
      @INSIGHTCO 4 ปีที่แล้ว +13

      You going no where fast because you do not have an under water certification for left handed puppetry.

    • @Mitzi73
      @Mitzi73 4 ปีที่แล้ว +4

      Picture and Film 🤣🤣

    • @jonnaborosky8836
      @jonnaborosky8836 4 ปีที่แล้ว +1

      Lol

    • @MsCardio1
      @MsCardio1 4 ปีที่แล้ว +3

      @Anne Day finish up you education with a degree in " .............studies" and you will do great!!!

    • @edgehodl4832
      @edgehodl4832 4 ปีที่แล้ว +1

      lololololol

  • @MIchaelGuzman737
    @MIchaelGuzman737 ปีที่แล้ว +388

    Insightful video. I just want to know best how people split their pay, how much of it goes into savings, spendings or investments. I'm 27, and earn nothing less $150k per year, but nothing to show for it yet.

    • @IAMBETTERTHANYYOU
      @IAMBETTERTHANYYOU ปีที่แล้ว +6

      When people have money, they spend it. And some people spend more money when they have more of it. If you want to improve your financial management, you should consult with a financial advisor.

    • @sommersalt88
      @sommersalt88 ปีที่แล้ว +5

      @@IAMBETTERTHANYYOU That's right, you can avoid the traps of lifestyle inflation by consulting an expert advisor to help you plan for your short- and long-term goals; it all comes down to proper guidance. Over the past two years and six months, I have seen my income build wealth and now have a fully paid off house and at least $650,000 in stocks. All this is the result of subsequent investments with my savings and the application of expert advice.

    • @kashkat987
      @kashkat987 ปีที่แล้ว

      @@sommersalt88 Nice, who is the Financial Advisor aiding you if this is not much i'm asking? my retirement plans are going down the drain with my 401k particularly losing everything it gained ever since 2021.

    • @sommersalt88
      @sommersalt88 ปีที่แล้ว +6

      Her name is "JILL MARIE CARROLL", can't divulge much. Most likely, the internet should have her basic info, you can search her online as she is SEC and FINRA regulated.

    • @kashkat987
      @kashkat987 ปีที่แล้ว +1

      @@sommersalt88 Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @yoshit9819
    @yoshit9819 3 ปีที่แล้ว +224

    This dude could have all his debt wiped clean and he would be in debt within 3-4 years.

    • @matthewsims9469
      @matthewsims9469 ปีที่แล้ว +13

      yeah sounds like a slacker

    • @leelahasan3988
      @leelahasan3988 ปีที่แล้ว +43

      @@matthewsims9469 I mean you're probably not a slacker if you're in a PhD program. He just sounds like he's someone who misunderstood that the point of higher education isn't to continue getting good grades.

    • @JS-it3dx
      @JS-it3dx ปีที่แล้ว

      @@matthewsims9469more like an idiot

    • @ziggywalsh5562
      @ziggywalsh5562 7 หลายเดือนก่อน +1

      And his wife is happy to drag him down.

    • @elhugeo
      @elhugeo 7 หลายเดือนก่อน +1

      But he’s the “CEO” because a degree is all it takes for everyone to be CEOs making hundreds of thousands per year🤣🤣🤣🤣🤣

  • @untouchable360x
    @untouchable360x 4 ปีที่แล้ว +137

    This guy made horrible choices. 1. Getting married 2. having a kid. 3. taking out a loan like that to become a VP? He's better off starting his career early and working his way to VP.

    • @patpatmoomoo5524
      @patpatmoomoo5524 4 ปีที่แล้ว +14

      Totally agree. If you have the high dreams of pursuing a career high powerful career you really gotta slow down the other areas (marriage kids and even schooling). I think he thought he could have it all- the simple life and the high life...

    • @queen.kristal8395
      @queen.kristal8395 4 ปีที่แล้ว +13

      I said the same thing. I would have divorced him. I will never want a man with irresponsible spending that can affect the rest of your life. These aren't mistakes, he knew he couldn't afford all this stuff like he is a millionaire.

    •  4 ปีที่แล้ว +19

      lol he wanted to be a CEO by having a PhD.

    • @itonner231
      @itonner231 4 ปีที่แล้ว +4

      Getting married and having a kid are horrible choices?? Or do you mean moving forward with those things in combination with debt?

    • @untouchable360x
      @untouchable360x 4 ปีที่แล้ว +15

      @@itonner231 You have to make sacrifices for a high flying career. Getting married and having children early in your life will slow you down. You can't have your cake and eat it too.

  • @Gri-n9l
    @Gri-n9l 4 ปีที่แล้ว +572

    He wants to be a CEO and thinks people can take loans while bankrupt 🤔🤔🤔

    • @vanessar.309
      @vanessar.309 4 ปีที่แล้ว +28

      Even worse...this guy is managing someone's airway on the vent! I can imagine what he's like to work with. A know-it-all that like to be condescending! I've worked with plenty of those "types" in the hospital!

    • @mcleananderson4948
      @mcleananderson4948 4 ปีที่แล้ว +16

      Bankruptcy is a euphemism for stealing

    • @topcomment3816
      @topcomment3816 4 ปีที่แล้ว +3

      McLean Anderson
      Correct. And Dave Ramsey is the master thief. Only to start a Christian finance program afterwards. 😆

    • @Jay-om8gr
      @Jay-om8gr 4 ปีที่แล้ว

      Top Comment wym

    • @mannyjeanpierre4062
      @mannyjeanpierre4062 4 ปีที่แล้ว +1

      Sounds about right. Our government does it so why can't he lol

  • @casscass1778
    @casscass1778 9 หลายเดือนก่อน +4

    Oh man… this was terrifying to listen too….I truly hope they are in a far better situation now..,.3 yrs on…

  • @sanmedina
    @sanmedina 2 ปีที่แล้ว +54

    He doesnt see the irony that he wants to handle the money of a hospital while he found his way into 400k of debt

  • @bhupesh0111
    @bhupesh0111 4 ปีที่แล้ว +286

    This guy is on a journey grabbing degrees every couple of years.
    Dude if you're not able to reach executive position with a M.S....rest assured you can grab 10 PhDs you won't be able to reach there as well.

    • @oweezy0124
      @oweezy0124 4 ปีที่แล้ว +5

      I agree! He needs to get a MS in HSA and pursue a administrative fellowship

    • @MaliciousSRT
      @MaliciousSRT 4 ปีที่แล้ว +23

      He's a career student

    • @bhupesh0111
      @bhupesh0111 4 ปีที่แล้ว +2

      @@MaliciousSRT lol

    • @MsPants1632
      @MsPants1632 4 ปีที่แล้ว

      SP392 I came here to make that exact comment! Lol

    • @howlbeast
      @howlbeast 4 ปีที่แล้ว

      @@MaliciousSRT lol

  • @AaAa-ri4uf
    @AaAa-ri4uf 4 ปีที่แล้ว +165

    So this guy is not even working as a respiratory therapist in the era of coronona, he would probably be making 80grand at least

    • @Brandonson80
      @Brandonson80 3 ปีที่แล้ว +6

      My thought too.

    • @ErinWilke
      @ErinWilke 3 ปีที่แล้ว +10

      I mean, nurses can make much more than 80k now, a respiratory therapist would be up >100k

    • @Bumbita
      @Bumbita ปีที่แล้ว

      ​@@ErinWilke yes, & crazy incentives. He's probably settling.

  • @Shedshananigans
    @Shedshananigans ปีที่แล้ว +17

    I’m 47 with around $200,000 debt with $148,000 being student loans and my income is only $34,000 per year. These student loans go nowhere. They will haunt you forever and with those who have income as low as mine and no prospects to earn more, 8:59 it’s very discouraging and just makes you want to give up on life. At least this guy has prospects for a better income in a couple of years. I hope he is successful.

    • @VenerableBede2510
      @VenerableBede2510 11 หลายเดือนก่อน

      The university industry preyed on millions of young people with pure lies. A lot of professors and administrators need to be in jail.

    • @BHarris25
      @BHarris25 2 หลายเดือนก่อน +1

      You fell for the trap.

  • @mannyjeanpierre4062
    @mannyjeanpierre4062 4 ปีที่แล้ว +18

    Thank God I found Dave Ramsey when I did. Ppl are completely CLUELESS like this caller

  • @jamescadzow9545
    @jamescadzow9545 4 ปีที่แล้ว +55

    He is digging his own grave with a spoon vs. a shovel.
    Common sense is leaned through experiences and obstacles we encounter in life.
    20% of people learn and Never repeat the behavior.
    80% of people will Never learn in this lifetime and remain stupid until they die.
    Thank God he put his ego aside and called someone with common sense for guidance.

  • @MMTInvesting
    @MMTInvesting 4 ปีที่แล้ว +155

    This is sad, the education system is criminal 😢

    • @bettysmith7045
      @bettysmith7045 4 ปีที่แล้ว +24

      No it isn't, people are stupid and they don't THINK before they just pick a degree without planning ahead for a career!

    • @mikenelson8377
      @mikenelson8377 4 ปีที่แล้ว +5

      Betty Smith ya, I agree. The educational system is NOT criminal. No one was forced to agree AND sign for a student loan 🤷🏼‍♂️. It’s no one’s fault but their own to borrow ridiculous amounts of money for a meaningless Doctorate that wasn’t even necessary 🤷🏼‍♂️

    • @hiteshadhikari
      @hiteshadhikari 4 ปีที่แล้ว +3

      He is stupid not the system

    • @jemallwilliams7821
      @jemallwilliams7821 4 ปีที่แล้ว

      Can be **

    • @mrcwoodworks4523
      @mrcwoodworks4523 4 ปีที่แล้ว +1

      Educational system ? Sir it’s a business !!

  • @leoramsey0105
    @leoramsey0105 ปีที่แล้ว +8

    I don’t see how people can get into so much debt and not feel anything until it’s too late.

  • @Gabby88Girl
    @Gabby88Girl 4 ปีที่แล้ว +73

    I am in healthcare administration and for those roles you either need an MS or MBA or MD, docorate is a waste of time you need experience working in healthcare

  • @davidmitchellmusic
    @davidmitchellmusic 4 ปีที่แล้ว +101

    From what I'm hearing, this guy is never going to run an organization. How could he be equipped to do that when he can't even run his own house?

    • @nintendoant88
      @nintendoant88 3 ปีที่แล้ว +6

      Exactly

    • @lolitah8560
      @lolitah8560 2 ปีที่แล้ว +1

      Boom HAHAHA

    • @mikehurt3290
      @mikehurt3290 2 ปีที่แล้ว +5

      Probably would bankrupt the company as well lol.

    • @VHale-yz7hc
      @VHale-yz7hc 2 ปีที่แล้ว

      What does one have to do
      With the other lol. You think every CEO had their chit together with their own life? Ahhahahahhah

    • @dcg590
      @dcg590 2 ปีที่แล้ว

      @@VHale-yz7hc has everything to do with it. He can’t even run his household how can he run a hospital? What an isiot

  • @bridgetisjonesing5007
    @bridgetisjonesing5007 4 ปีที่แล้ว +157

    I love watching this show while I pay bills , because I feel better with my debts compared to others. This is insane!!!!!

    • @BabyGangsterIsMe
      @BabyGangsterIsMe ปีที่แล้ว

      damm u ..why u like to compare to others ? be yourself

    • @GeoffreyBronson
      @GeoffreyBronson ปีที่แล้ว +4

      Right?! My measly 4000 dollars in debt suddenly doesn't seem like such a mountain.

    • @theaniyachantell4758
      @theaniyachantell4758 ปีที่แล้ว +1

      same

  • @jenniferwebb677
    @jenniferwebb677 ปีที่แล้ว +7

    I know how this guy feels I hope things got better for him. I used to be this person and finally got all my debts cleared out yrs ago, and I felt so much better. Let me tell to my whole attitude and behavior changed with money, and never looked back to the old person that used to be. Hope he has a lot of family support, for me I barely had much help, but it is a tough journey but it's so beneficial and a life lesson, and I looked at things so much different now than I did then. Hope all goes well for this guy. 👍😊😔😮 Cheers. This road takes a lot of dedication if you're ready.😊

  • @LOWkenshin
    @LOWkenshin 4 ปีที่แล้ว +70

    Chris Hogan's face as he listens is priceless .... I had my eyes wide open the entire time listening to this guy break down his situation.

  • @pretentiouscameron7815
    @pretentiouscameron7815 2 ปีที่แล้ว +145

    Worked at Target through community college and university. Paid all of it myself. Didn't start until I was 21 since I was saving a little beforehand. I graduated with a bachelors right before I turned 27. No debt. People need to stop going to college immediately after high school.

    • @patriciaramirez3139
      @patriciaramirez3139 2 ปีที่แล้ว +17

      IS WHAT THEY MAKE YOUNG PEOPLE BELIEVE, THAT IF THEY DON'T GO TO COLLEGE THEY ARE NOT WORTHY. WHEN THE REALITY IS THEY ARE DROWNING IN DEBT DUE TO THE HIGH COST OF STUDENT LOANS.

    • @hc1616
      @hc1616 2 ปีที่แล้ว +11

      college only makes sense if you look at it as a investment to a career plan

    • @toddaustin2198
      @toddaustin2198 ปีที่แล้ว +2

      GREAT JOB!

    • @Rosaninyei
      @Rosaninyei ปีที่แล้ว

      Absolutely correct. I went to Uni at 22 after working 5 hrs as well.

    • @sandhiller49
      @sandhiller49 ปีที่แล้ว

      Work a job as you do it and pay as you go. You may be a few years later completing graduation BUT you don't have the burden of debt.

  • @faithsilas4466
    @faithsilas4466 2 ปีที่แล้ว +14

    First I've ever felt the genuine empathyof Dave and the other man. I now am beginning to see that this is in a true sense a MINISTRY 🙏

  • @shimmeringchimps3842
    @shimmeringchimps3842 ปีที่แล้ว +8

    My undergrad advisors told me that one should never pay for a PhD--if you don't get grants and scholarships to pay for it in full, then don't go. I did work on my PhD for a year, on full scholarship plus a stipend, but I dropped out because the degree was in low demand. 💯

  • @JJ-zr6fu
    @JJ-zr6fu 3 ปีที่แล้ว +94

    A law degree probably would've set him up better for an executive position.

  • @ozanbaskan5524
    @ozanbaskan5524 2 ปีที่แล้ว +169

    I just got angry listening to what this guy put himself and family through and then felt ashamed of myself when Dave decided to help them pro bono. So nice of you Dave what a great role model you are..

    • @Sequel7
      @Sequel7 ปีที่แล้ว +14

      Dave filed bankruptcy. Also the callers wife is in debt too. No one’s perfect.

    • @pauleng1105
      @pauleng1105 ปีที่แล้ว +1

      but the other guy said, "the first session". Hopefully its more than that.

    • @spankynater4242
      @spankynater4242 ปีที่แล้ว +3

      I got angry that he had thoughts of letting the taxpayers bail him out.

  • @Mexicobeanpole
    @Mexicobeanpole 4 ปีที่แล้ว +13

    I have someone in my family who did this. Ran up huge student loan debts in the medical field. We called him “ the professional student”. Worst part is, he ended up in sales, and not the medical field. Talk about working hard to dig a bigger hole!

  • @MarcelPhilips
    @MarcelPhilips ปีที่แล้ว +210

    Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

    • @harrisonjamie794
      @harrisonjamie794 ปีที่แล้ว

      As you plan your retirement, be sure to
      talk with a financial advisor who can help you make the most of your retirement investing scheme.

    • @MarcelPhilips
      @MarcelPhilips ปีที่แล้ว

      @@harrisonjamie794 Very true, If you're looking for help
      building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.

    • @harrisonjamie794
      @harrisonjamie794 ปีที่แล้ว

      @@MarcelPhilips How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.

    • @MarcelPhilips
      @MarcelPhilips ปีที่แล้ว

      @@harrisonjamie794 KRISTIN GAIL CUNNINGHAM. On the internet, that’s the financial advisor I use. She’s verified; you could also read more about her and then communicate with her. it’s always good to do your research before putting your money into any investment.

    • @harrisonjamie794
      @harrisonjamie794 ปีที่แล้ว

      @@MarcelPhilips Thank you so much! Found her webpage and left a message. Hopefully, she responds.

  • @smike9884
    @smike9884 4 ปีที่แล้ว +268

    Companies won't hire some outsider with no professional experience onto the Executive Board just because they have a PhD. He should start at the bottom and work his way up like most other executives will have done. If he had done that he would have earned a salary instead paying for studies. He's going to have an unpleasant surprise when he works out he can't join a company at the top with no experience.

    • @smike9884
      @smike9884 4 ปีที่แล้ว +10

      @Diem Golightly Anything less than executive is below him.

    • @harrisonwintergreen1147
      @harrisonwintergreen1147 4 ปีที่แล้ว +4

      if he had leadership potential would have been recruited or promoted into it by now.

    • @thecatnextdoor12
      @thecatnextdoor12 4 ปีที่แล้ว +7

      He will be lucky to even get a supervising position with no experience. Probably will have to start at an entry-level, as bad as it sounds.

    • @AC-qo8oq
      @AC-qo8oq 4 ปีที่แล้ว +1

      Overqualified

    • @jajupa78
      @jajupa78 4 ปีที่แล้ว +6

      I tell my sons. Look they dont let you drive the Firetruck on the first day. They just dont..