This is what we do as a society (read recent comments)...we judge. "He's anxious" and "I wish I had that low debt, how can he be scared..he must need his hand held" … He was courageous to call Dave and he'll be better off one day than a lot of the judgy people who left critical comments, I'm betting. Let's support our brothers doing the right thing and also causing great encouragement to be left for us. You listened to it. Save the snarky comments. Work on your own debt people. Ciao.
I work for a finance company and I see numbers like this all the time. Just because he has a good salary and very little debt, does not mean he's good with money, or knows how to handle the money that he is earning. Plus we don't know anything about his expenses and/or obligations. Most people spend every cent they earn. I think its good he's reaching out to Dave, he is trying to change.
I agree with some of the commenters here... 1) being single the baby steps are not as straight forward.... 2) living in high expense area can make taking the initial steps terrifying 3) there are few videos for a) Single People, b) Seniors (I'm 70) the 4th and last point, is I'm in Canada, and some things don't translate the same from Tennessee or Mississippi but I'm trying... very :D Came across Dave's programs last week, when I was trying to decide whether to save/or pay off debt and which debt... just listening to him gives me quiet confidence to keep at it... btw, I'm an atheist, and it seems funny listening to a "preacher" talking sense about money, and not pushing for donations.... he convinced me... ok, enough running at the mouth... good luck everyone... cheers dc
I know this comment is from a year ago or more, but I hope you're doing well with the process! I feel you on the single person thing, but I just like to pretend theres other single people out there trying to get out of debt, just like me.
I feel for Shawn. I drained my savings to pay off debts. Still nerve racking till this day, has not sunken in yet. Building it back up, feels like going up the hill/mountain in slow motion. But, I am reaching my financial stability/security/freedom!❤🙏🙏🙏
I roughly followed Dave's plan and it worked fine for me. I wasn't comfortable with only 1000 in savings, so I didn't. I left 25k in there and 1 week later i was furloughed for almost exactly 6 months. Listen to your gut and be an adult.
When I started with Dave's baby steps (Early 2018) I was 11k in student loans and 17k in a Car loan and about $1,500 credit card loans. I paid it all off in 6 months once I started going crazy on my debt. But when I was done for a while I felt a little lost, like I didn't know what to do. But once I started beefing up my emergency fund to 20k it gave another goal. And now I'm in baby step 3b, saving for a down payment and this goal is 20% of a home in my area in Southern California which 20% is 100K. That is my next goal. I think its important to make goals and once you hit them make sure you have another goal waiting for you.
I get it, I grew up super poor where putting gas in the tank to get to work was pulled out of the food budget, not that we ever had a budget. Now I have a savings account and get anxiety if I have to take out of it to cover an emergency, even though it is an emergency fund.
Dave, you are truly a Saint! Bravo to you for your patience and ability to change this guys perspective. Oh my, this guy has got it soooo good compare to most of our debt situations. Wish this was my gig!
If it took him two months then he can save $500 a month. If he is uncomfortable he can just hold his savings where it is and pay off the $4200 in nine months.
It's amazing the degree to which people nurse their debts and go full Stockholm syndrome with them-dude, if you owe 4,000 to have 3,000, what you _really_ have is _negative_ 1,000; you're not _safe_ in any way by being in hole that gets progressively deeper. That's the opposite of safe; that's a sinking ship. Right now, you have nothing; and owe a thousand; and is enduring a ship with a nasty leaky hull by paying interest on more than your net liabilities. This makes no sense; it also makes you prone to spend and consume more than you should-which for, people who are in the negative, is always the bare minimum. Not "I'm doing pretty good, I have 3k saved, I'm safe, I should have a daily latte-mocca-frappo-hipsto-coffay."
Interesting call. I've never heard of a fear of being debt free. It's like a comfort thing for him? Or familiarity like an old toxic friend or bad relationship?
My wife was terrified of only having $1,000 in the bank. We were about $30,000 in debt and had $6,000 in the bank. Eventually I went with it and it was really difficult for her to get on board.
Love this guy dave god bless you men. To the guy that called you have to jump to see how far you get when life is try to scare you baby steps love it just started listening dave no matter big or small just pay it off
If it's that much of a barrier keep his step 1 fund at $3,000 and just pay the debt off over 4 months instead of 2. I get the feeling he's going to stall for months and months and be paralysed by the fear so do nothing.
I feel this lol scared to clean out my savings to dump on debt but the caveat for my situation is that my fiancé and I are going through the debt and the smallest debt is the ring lol I don’t really have debt besides my car
well I am 52 also and have never been in debt . I guess I pretty much followed the ramsey plan before I knew what it was. I do have credit cards but I pay it off every month and I paid cash for a new truck 3 years ago because I had never had a new auto . Well new is over rated.
Becky Shell Yes and there are millions of Americans our age. Who couldnt even show you $2000 of their own money. Its terrible out there. I never made more than 25k in any calendar year. And retired at 50. So these people making 60k plus have no excuses. Other than living above their means.
for real I have a food processor to make bread and I use it all the time...bought it to make bread, sucker makes butter too. so now, I use my processor to make butter, don't even clean it, I use some of the butter and buttermilk to make bread. that kitchen item, like everything in my kitchen had to earn its place. sucker can do cookie dough too, but a spoon and bowl is easier to clean.
give me a break $4200 and he's scared? I owe $30k on my house and $20k on my car.... I currently have $19k in the bank and have a total household income of $80k with no kids.... my plan is to get new windows for my house this year (approximately $5k) and use my written budget with a $1000 a month spending limit including groceries and by next year I should be able to pay my car completely off and still have over $10k in the bank.... I AIN'T SCARED
I’m single make 94k dollars after taxes: Car loan - 49k Student loan - 20k Moved back with my parents until I’ve paid off both so I don’t have to think about rent and these things. Cuz it also scared me not having that security and jumping into the deep end of debt payment. I expect to be debt free by july next year
I Have over $15k in CC debt and over normally pay it off monthly however i'm reluctant to dipping into my checking account to make a 0 balance at once. what do i do?
So if $3000 is his comfort zone then so be it Anyone saying here he got it good cause he’s making $42k a year y’all better step it up. $42k barely gets you anywhere, anywhere!
I am in a similar situation. It is very nerve racking to spend all of the money on that. What if a bill comes up that's huge? What if my car breaks down? It's scary.
You're the only one that gets it! It's the same concept that many people call in with -- they know that $1000 is not enough of an emergency fund, no matter what Dave says. Sure, the caller is "in the hole," but he's not in the hole all at once. At any moment, he could get a huge bill that he has to pay all at once. But he can pay off his $4200 a little at a time. Which is why he doesn't want to deplete his cash. One option is to get a credit card with a low limit like $5K, but keep it safe and don't use it. That can serve as your "emergency fund" so you can deplete cash to pay off debt. The trick is that you can't use the card at all. (Some people advocate freezing the card in a block of ice, so you have to physically melt it to use it.) Dave will never advise someone to keep a credit card because he knows most people can't resist using it. But, if you are disciplined, it can serve as an emergency fund.
Actually, Dave has said before that $1,000 is NOT supposed to be enough and SHOULD make you scared. The starter emergency fund is deliberately meant to be small because: 1. Dave has mentioned that many people he talks to have never had that much saved before, so saving even $1,000 can, for some people, at first appear very difficult. By keeping this initial amount relatively small, it's more of an attainable goal. 2. Being nervous and scared about the small size of the security blanket helps provide motivation to pay off the debt and move to the next step as quickly as possible. Yes, it's possible that some people wouldn't necessarily need this motivation to change their money behavior, but then most people fitting that description wouldn't need to be asking Dave's advice in the first place.
I am 50 years old and debt free but I don't own anything, I rent. I have never had any debt or been involved in the credit system. I only make around $40k/yr. What am I supposed to do?
Average people who call in are in baby step 2 for 18 months, not 3. This guy now, 3 years later is probably looking back and going, why was i so scared?
Yup, I'm from a third world country and I didn't want to scale it to my own economic circumstances. The reason is simple: I can go by the fifth because I earn much less than the US average but our emergencies need at least 1000 dollars, especially (God forbid) for medical emergencies ... Same goes for utilities: they cost the same as in first world countries (phones,cars are even more expensive because these things are imported!) But our average salaries are 10 times less!
It's called the "starter emergency fund" for only while you're getting out of debt. After debt is cleared, emergency fund is supposed to be 3-6 months of expenses.
I really think some of these calls split hairs. If using $3k of saving to pay off $4k worth of debt is worrisome, then, uh, just take your extra income, keep the savings, and pay off the debt. Don't over think it.
We all have different battles to fight. I have significant PTSD from my parents’ bankruptcy when I was a high schooler that left us homeless. You don’t know his history; you don’t know what makes him scared at night. $2000 is a big chunk of money; think about how many people struggle to save even $1000 and think it is a huge hurdle. Not all of us can throw that much at our debt each month (like many I see do on instagram). Ratios of debt to income are more important than the actual size. He needed someone to shine a light on his situation and I am glad Dave did it without being as judgmental as you.
Guy sounds very scared. I suppose we all have an amount we feel comfortable with having in the bank - I use to feel scare if I had less than £500. Now I have £10 in the bank a feel fine but feed up of the payments so am also in baby step 2.
Just follow the baby steps....live below your means...stop spending on what is not actually needed....buy ur groceries cook at home eat leftovers for lunch dont go out so u save on gas stop all shopping and any entertainment...review your bank statements to see where your money was going....If you want to really get control of your situation you will go for it...watch financial videos , minimalist vidsos...etc good luck 💙
this guy is rediculous. I can sympathize with living in New York. I pay $2000 for rent, but he has no real debt. I was 45k in the I'm down to 25k. it's been 4 years 3 kids in the process with a stay at home mom. through my experience living in NY $1000 emergency fund is not enough with the cost of living. a gallon of milk is $5...enough said. but I'm doing it on my own.
1k may be enough in Nashville, but not enough in large Urban areas like NYC, Philly, LA, Miami or Chicago! Agree with you here! Cost of living is higher in cities!
My wife was not having it. She said she will do it but we need an emergency fund of 7k. In order to get her on board I did it. I can't blame her, if I unexpectedly lose my job God forbid I can pay the rent for 3 months.
I'm in the same case as you and I'm (after changing for a better job) at 7200 dollars a year. But I lived for a couple of years in a developped country, his fear is legitimate because he's afraid to find himself starving with no savings.
Maybe he doesn't have some support the same way we have in our countries , I mean by that family and friends support. We are quite lucky lol because most of us have strong social bonds (we still have the tribe mentality going strong eventhough it's weakened due to social changes).
This is what we do as a society (read recent comments)...we judge. "He's anxious" and "I wish I had that low debt, how can he be scared..he must need his hand held" … He was courageous to call Dave and he'll be better off one day than a lot of the judgy people who left critical comments, I'm betting. Let's support our brothers doing the right thing and also causing great encouragement to be left for us. You listened to it. Save the snarky comments. Work on your own debt people. Ciao.
guy scared about his 4200 debt. Ill trade with you man. Any day.
I WISH I only had $4200 in debt. More like $16.5k in student loans.
Got that in a car plus ~5k in cc lol taking it slow will win
Yes to this!!!
Jim Palace with me too lol 😂
SAME HERE! Got baby step one done and im on baby step 2 now!!!
"Have you noticed that the bank's building is bigger than yours?" - LOL
I work for a finance company and I see numbers like this all the time. Just because he has a good salary and very little debt, does not mean he's good with money, or knows how to handle the money that he is earning. Plus we don't know anything about his expenses and/or obligations. Most people spend every cent they earn. I think its good he's reaching out to Dave, he is trying to change.
1960tlm this is accurate.
Thank you for saying this. It boggles my mine to see how judgmental people are in the comments.
42,000 a year in New York near poverty income...This guy is probably living pay check to paycheck in New York.
I agree with some of the commenters here... 1) being single the baby steps are not as straight forward.... 2) living in high expense area can make taking the initial steps terrifying 3) there are few videos for a) Single People, b) Seniors (I'm 70) the 4th and last point, is I'm in Canada, and some things don't translate the same from Tennessee or Mississippi but I'm trying... very :D
Came across Dave's programs last week, when I was trying to decide whether to save/or pay off debt and which debt... just listening to him gives me quiet confidence to keep at it... btw, I'm an atheist, and it seems funny listening to a "preacher" talking sense about money, and not pushing for donations.... he convinced me... ok, enough running at the mouth... good luck everyone... cheers dc
I know this comment is from a year ago or more, but I hope you're doing well with the process! I feel you on the single person thing, but I just like to pretend theres other single people out there trying to get out of debt, just like me.
I’m cracking up at Dave’s “NO Shawn” voice 😂😂😂😂😂
I’m rolling lol
Being in NYC anything can happen I feel for this dude.
I feel for Shawn. I drained my savings to pay off debts. Still nerve racking till this day, has not sunken in yet. Building it back up, feels like going up the hill/mountain in slow motion. But, I am reaching my financial stability/security/freedom!❤🙏🙏🙏
I roughly followed Dave's plan and it worked fine for me. I wasn't comfortable with only 1000 in savings, so I didn't. I left 25k in there and 1 week later i was furloughed for almost exactly 6 months.
Listen to your gut and be an adult.
I took $13,000 out of our savings and paid out my car and credit card, i walked out the bank feeling like a winner.
Awesome!!
Congratulations!
Takes a lot of guts to do that. Congratulations.
Congratulations
When I started with Dave's baby steps (Early 2018) I was 11k in student loans and 17k in a Car loan and about $1,500 credit card loans. I paid it all off in 6 months once I started going crazy on my debt. But when I was done for a while I felt a little lost, like I didn't know what to do. But once I started beefing up my emergency fund to 20k it gave another goal. And now I'm in baby step 3b, saving for a down payment and this goal is 20% of a home in my area in Southern California which 20% is 100K. That is my next goal. I think its important to make goals and once you hit them make sure you have another goal waiting for you.
This is where I am. Thanks for this.
Wait he makes 42,000 and only has 4200 in debt? And he is scared? Spare me
New York is pretty expensive though
he's probably not completely honest.
Dude sell me your life...lol . Me 50,000.00 debt 71,000.00 gross 21,000.00 net income... smh ....really.
no girlfriend for me no eating out for no dates no ooohh I like I gonna buy for at least 3 years.
I'm just mad that I came across Dave Ramsey after I made such a mess with my money.
$42,000 is nothing living in NY after taxes he’s probably drowning. I live in NY I feel for him.
Maybe the caller doesn't feel stable in his job. I still owe 24000 in student loans. Wish I only down to 4200 to pay.
I get it, I grew up super poor where putting gas in the tank to get to work was pulled out of the food budget, not that we ever had a budget. Now I have a savings account and get anxiety if I have to take out of it to cover an emergency, even though it is an emergency fund.
2:12 Being single is a security blanket in and of itself.
For 4 months?
That's a lucky guy, I wish my debt was that low.
Same thing I said!!
I'm on baby steps 2 with only $4000 to go and I only make $11000 a year. Gonna do my debt freedom cheer in December. Keep at it bro.
Dave, you are truly a Saint! Bravo to you for your patience and ability to change this guys perspective.
Oh my, this guy has got it soooo good compare to most of our debt situations. Wish this was my gig!
42,000 equates to more like 20k in NYC that's why this guy is nervous.
HIs rent is probably insane.
If it took him two months then he can save $500 a month. If he is uncomfortable he can just hold his savings where it is and pay off the $4200 in nine months.
When I cut up my credit cards I felt the same way for a little bit.
It's amazing the degree to which people nurse their debts and go full Stockholm syndrome with them-dude, if you owe 4,000 to have 3,000, what you _really_ have is _negative_ 1,000; you're not _safe_ in any way by being in hole that gets progressively deeper. That's the opposite of safe; that's a sinking ship.
Right now, you have nothing; and owe a thousand; and is enduring a ship with a nasty leaky hull by paying interest on more than your net liabilities. This makes no sense; it also makes you prone to spend and consume more than you should-which for, people who are in the negative, is always the bare minimum. Not "I'm doing pretty good, I have 3k saved, I'm safe, I should have a daily latte-mocca-frappo-hipsto-coffay."
I’d like a follow up. I wonder what Sean did. I wonder where he is now, 4 years later. Hey Sean! Give us a follow up! I hope you made it, bro.
Interesting call. I've never heard of a fear of being debt free. It's like a comfort thing for him? Or familiarity like an old toxic friend or bad relationship?
My wife was terrified of only having $1,000 in the bank. We were about $30,000 in debt and had $6,000 in the bank. Eventually I went with it and it was really difficult for her to get on board.
I fear having a small amount in the bank. I prefer access to funds.
Doesn't seem like he is terrified of being debt free, but of not having more saved.
His fear is taking money out of his account
Personal responsibility can be quite scary when you have never heard of it. Good luck dude.
It's all mindset , if you want to change the way you feel about something just change the way you look at it ,
Lmfaoooo Dave talking in the Mirror 😂😂😂
Wow! This guy has some anxiety issues. Sounds like a young fellow.
Love this guy dave god bless you men. To the guy that called you have to jump to see how far you get when life is try to scare you baby steps love it just started listening dave no matter big or small just pay it off
If it's that much of a barrier keep his step 1 fund at $3,000 and just pay the debt off over 4 months instead of 2. I get the feeling he's going to stall for months and months and be paralysed by the fear so do nothing.
This is real though. I've got 75k in debt, and I'm scared to start dumping everything into debt too.
Hmm, some people need their hands held as they go through the Baby steps.
Cheers!
I feel this lol scared to clean out my savings to dump on debt but the caveat for my situation is that my fiancé and I are going through the debt and the smallest debt is the ring lol I don’t really have debt besides my car
He can’t be serious. He’s basically already debt free 😏
he's a bit anxious, that's all...😉
This is dumb. Like really 4200 in debt... please. JUST PAY IT.
He's cheap!!!
To some people $4200 is a fortune. I've never been in debt in my life and I'm 52. If I couldn't afford it I never bought it. Simple as that.
well I am 52 also and have never been in debt . I guess I pretty much followed the ramsey plan before I knew what it was. I do have credit cards but I pay it off every month and I paid cash for a new truck 3 years ago because I had never had a new auto . Well new is over rated.
Becky Shell
Yes and there are millions of Americans our age. Who couldnt even show you $2000 of their own money. Its terrible out there. I never made more than 25k in any calendar year. And retired at 50. So these people making 60k plus have no excuses. Other than living above their means.
probably the biggest waste of Dave's time ever. Pathetic.
Yep! This is a brag-call!
Its not. Hes scared bc he's on his own.
Empathy. Its a life saver
Living on 42000k in most Northeastern states is nothing to brag about believe me. He has good reason to be scared.
I didn’t watch this vid again after a year, but I’m sure the guy said he has no debt.
for real I have a food processor to make bread and I use it all the time...bought it to make bread, sucker makes butter too. so now, I use my processor to make butter, don't even clean it, I use some of the butter and buttermilk to make bread.
that kitchen item, like everything in my kitchen had to earn its place.
sucker can do cookie dough too, but a spoon and bowl is easier to clean.
give me a break $4200 and he's scared? I owe $30k on my house and $20k on my car.... I currently have $19k in the bank and have a total household income of $80k with no kids.... my plan is to get new windows for my house this year (approximately $5k) and use my written budget with a $1000 a month spending limit including groceries and by next year I should be able to pay my car completely off and still have over $10k in the bank.... I AIN'T SCARED
I’m single make 94k dollars after taxes:
Car loan - 49k
Student loan - 20k
Moved back with my parents until I’ve paid off both so I don’t have to think about rent and these things. Cuz it also scared me not having that security and jumping into the deep end of debt payment. I expect to be debt free by july next year
Agree here Dave
I wish I had his issues....with no fears....jeepers!!! He has to be young and I am a Native New Yorker!
I Have over $15k in CC debt and over normally pay it off monthly however i'm reluctant to dipping into my checking account to make a 0 balance at once. what do i do?
So if $3000 is his comfort zone then so be it
Anyone saying here he got it good cause he’s making $42k a year y’all better step it up. $42k barely gets you anywhere, anywhere!
Is $4,200 in debt even worth calling about?
I am with him, I am scared as well.
I am in a similar situation. It is very nerve racking to spend all of the money on that. What if a bill comes up that's huge? What if my car breaks down? It's scary.
You're the only one that gets it! It's the same concept that many people call in with -- they know that $1000 is not enough of an emergency fund, no matter what Dave says. Sure, the caller is "in the hole," but he's not in the hole all at once. At any moment, he could get a huge bill that he has to pay all at once. But he can pay off his $4200 a little at a time. Which is why he doesn't want to deplete his cash.
One option is to get a credit card with a low limit like $5K, but keep it safe and don't use it. That can serve as your "emergency fund" so you can deplete cash to pay off debt. The trick is that you can't use the card at all. (Some people advocate freezing the card in a block of ice, so you have to physically melt it to use it.) Dave will never advise someone to keep a credit card because he knows most people can't resist using it. But, if you are disciplined, it can serve as an emergency fund.
Actually, Dave has said before that $1,000 is NOT supposed to be enough and SHOULD make you scared. The starter emergency fund is deliberately meant to be small because:
1. Dave has mentioned that many people he talks to have never had that much saved before, so saving even $1,000 can, for some people, at first appear very difficult. By keeping this initial amount relatively small, it's more of an attainable goal.
2. Being nervous and scared about the small size of the security blanket helps provide motivation to pay off the debt and move to the next step as quickly as possible.
Yes, it's possible that some people wouldn't necessarily need this motivation to change their money behavior, but then most people fitting that description wouldn't need to be asking Dave's advice in the first place.
$4,200?!?!?! give me a break brother 😂 I would call it debt if you were making $7/hr but you make 42K and have 3K saved hello!!!
how do u survive in new york on that salary?
Hey, Dave. What exactly are you pressing on that panel on your desk?
chrisgast mute
I am 50 years old and debt free but I don't own anything, I rent. I have never had any debt or been involved in the credit system. I only make around $40k/yr. What am I supposed to do?
Bruh if I had 4200 in debt I’d be ecstatic. I’m in about 40k debt 🥺
BRUH...................................
Average people who call in are in baby step 2 for 18 months, not 3. This guy now, 3 years later is probably looking back and going, why was i so scared?
The caller is basically right; $1k is not a big enough emergency fund in 2019, sorry Dave
Yup, I'm from a third world country and I didn't want to scale it to my own economic circumstances.
The reason is simple: I can go by the fifth because I earn much less than the US average but our emergencies need at least 1000 dollars, especially (God forbid) for medical emergencies ... Same goes for utilities: they cost the same as in first world countries (phones,cars are even more expensive because these things are imported!) But our average salaries are 10 times less!
It's called the "starter emergency fund" for only while you're getting out of debt. After debt is cleared, emergency fund is supposed to be 3-6 months of expenses.
if he can save $1,000 in two months why not just keep going and going
😂👏🏻👏🏻👏🏻Miscellaneous kitchen items
I really think some of these calls split hairs. If using $3k of saving to pay off $4k worth of debt is worrisome, then, uh, just take your extra income, keep the savings, and pay off the debt. Don't over think it.
Are all these calls lately fake???? Calling Dave over an actual debt of $2000???? Come on now!
Some people have it worse! I agree with you!
***** Don't tell me what I can write.
We all have different battles to fight. I have significant PTSD from my parents’ bankruptcy when I was a high schooler that left us homeless. You don’t know his history; you don’t know what makes him scared at night. $2000 is a big chunk of money; think about how many people struggle to save even $1000 and think it is a huge hurdle. Not all of us can throw that much at our debt each month (like many I see do on instagram). Ratios of debt to income are more important than the actual size. He needed someone to shine a light on his situation and I am glad Dave did it without being as judgmental as you.
Lol i feel this guy iam 4k in debt n feel scared about the debt and its not much comapred to others 😂
WHAT...THE...FCK...is this guy afraid of? It's insulting!!
We have $110,000 in debt! But we're gonna get it down quick in a year.
FOR FOUR MONTHS?!
Guy sounds very scared. I suppose we all have an amount we feel comfortable with having in the bank - I use to feel scare if I had less than £500. Now I have £10 in the bank a feel fine but feed up of the payments so am also in baby step 2.
Dave you never ask the same questions for everyone. you never had what his other expenses were.
It doesn't matter in this case.
Man up. This is what is wrong with our society. Scared baby "men". Grow a spine dude.
This dude sounds like he is scared.
Ok what about a recent college graduate who makes $1400 a month with a seasonal job $32,000 in debt I need actual advice 😭😭
Just follow the baby steps....live below your means...stop spending on what is not actually needed....buy ur groceries cook at home eat leftovers for lunch dont go out so u save on gas stop all shopping and any entertainment...review your bank statements to see where your money was going....If you want to really get control of your situation you will go for it...watch financial videos , minimalist vidsos...etc good luck 💙
i feel like if he just did nothing and paid mins it would be gone in 6 months anyways
Oh wah. 4200 in debt? I'd be done in 3 months if that were my case lol. Quit whining.
Man if you don't get off this phone!! People have real problems and debt...lol
4200 debt is nothing….unless you make min wage maybe
this guy is rediculous. I can sympathize with living in New York. I pay $2000 for rent, but he has no real debt. I was 45k in the I'm down to 25k. it's been 4 years 3 kids in the process with a stay at home mom. through my experience living in NY $1000 emergency fund is not enough with the cost of living. a gallon of milk is $5...enough said. but I'm doing it on my own.
1k may be enough in Nashville, but not enough in large Urban areas like NYC, Philly, LA, Miami or Chicago! Agree with you here! Cost of living is higher in cities!
My wife was not having it. She said she will do it but we need an emergency fund of 7k. In order to get her on board I did it. I can't blame her, if I unexpectedly lose my job God forbid I can pay the rent for 3 months.
Brown Puerto Rican I agree!! 1k can't feed a dog in NYC!!!
The $1000 is just the start and baby step 1. Once all debts are paid, then you build that $1000 to 3-6 months worth of expenses
What is the lowest rent for a room in NEW YORK?
this is kinda hilarious
Lol I wish I knew all this in 2010
Whats his rent ?
I think if he is single he needs to put half his money in stocks and invest and live frugal from the other 20k and keep saving so he can retire early.
I'm in third world country and laughing at him and I make $6000 an year. Sometimes I doubt if they are worth making that much. Don't know what to say
I'm in the same case as you and I'm (after changing for a better job) at 7200 dollars a year.
But I lived for a couple of years in a developped country, his fear is legitimate because he's afraid to find himself starving with no savings.
He lives in one of the most expensive cities in the US! Cost of living is a huge variable
Grow a pair brother. Sometimes you gotta roll the dice.
Something tells me this guy isn't all there.
Mm hmm, he's wasting everyone's time with this nonsense.
I have more debt than him (5k), i'm in Africa making about $10k. What's with that dude?
Maybe he doesn't have some support the same way we have in our countries , I mean by that family and friends support.
We are quite lucky lol because most of us have strong social bonds (we still have the tribe mentality going strong eventhough it's weakened due to social changes).
Use the money to see a psychologist!!
Save Money lol
😂😂😂
I wonder if he took care of this debt. Ill assume he did.
I wish I was as future as he.
This guy is bad at math. Lol
Dang Shawn $4400
He could compromise and put his extra savings on debt? He is so close to being debt free.
First world problems, Dude. You have practically no debt
No Shawn lol
So funny no Shaun you ain't going to Walmart
Is this real life ?
He probably has anxiety issues. Y'all are so annoying
Dude this channel is reserved for people with real problems lol
This is just crazy, that's nothing. Get a pair
Seriously? lol
Don’t agree Dave. Just have him pay his stuff over a few months.
I think he us just cheap!!
drama queen