The Top Three Things You’re Probably Wasting Money On

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  • เผยแพร่เมื่อ 23 ต.ค. 2024
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ความคิดเห็น • 543

  • @jeffw6692
    @jeffw6692 วันที่ผ่านมา +351

    The number one thing Americans waste our money on is our government.
    If we could truly choose how our money gets spent our country wouldn’t be in debt and our government (both parties) couldn’t be so insanely corrupt.

    • @Carma123
      @Carma123 วันที่ผ่านมา +11

      This!

    • @amberh3333
      @amberh3333 วันที่ผ่านมา +5

      We can choose. Where you spend it matters. We need better options that are privately owned and operated.

    • @timw8228
      @timw8228 วันที่ผ่านมา

      Yeah, how the well to do got wealthy at the turn of the century, early 1900's, was by paying almost no taxes. Even my parents in the 50's and 60's never got hit with taxes like people do today.. It isn't just the federal government. Now it's the local and state putting their hand into your pocket to take more. They all over spend!

    • @MbH-ej4bq
      @MbH-ej4bq วันที่ผ่านมา

      @jeffw6692 🇨🇦 I agree. I went on a rant and then erased it. The internet has expanded us, and we see what is going on all over. Hence, the censorship the Canadian government is enforcing. They want us to shut the hell up.

    • @WellDressedCaveman
      @WellDressedCaveman วันที่ผ่านมา +1

      Yes!

  • @petery6300
    @petery6300 วันที่ผ่านมา +183

    1. Tax 2. Taxes 3. Getting taxed

    • @rm9sbg93zxjzg
      @rm9sbg93zxjzg วันที่ผ่านมา +8

      not just that, wages keep going down... same job i got in early 00s for 18/hr, now barely pays 22, 25 in major cities. The f'en conserves and some dems thought is a good idea to outsource at the expense of the citizens and also import cheap labor. I came to realize US sold its self out to everyone in the name of quick profit. No one thinks long term here, just get rich quick schemes!

    • @iztherelife1340
      @iztherelife1340 20 ชั่วโมงที่ผ่านมา +2

      Yes We’re working towards getting out of that death spiral Less is more life style So sick of corrupted system
      And also getting less to insure which is another waste of money
      401K is a cyclic waste IMO we already checked out of that for the most part They rig it all for us to lose I don’t want to play any more

    • @louskunt9798
      @louskunt9798 10 ชั่วโมงที่ผ่านมา +5

      You forgot #4. Getting taxed. ✌️

    • @rm9sbg93zxjzg
      @rm9sbg93zxjzg 9 ชั่วโมงที่ผ่านมา +1

      @@louskunt9798 oh yeah the tax on tax

    • @thyslop1737
      @thyslop1737 6 ชั่วโมงที่ผ่านมา

      Yes, you are right, very weak of Dave Ramsey not to affress taxes. If you add up all of the taxes you pay both overt and hidden it is easily over 50%.

  • @jaredbrewer4586
    @jaredbrewer4586 วันที่ผ่านมา +100

    No vacations, no restaurants, no gifts in 15 years.most I've paid for a vehicle is 5k. Still struggling to save during this present time. Use to put back over a grand a month, now lucky to hold 400. No health insurance, no wife or kids at 40yrs. I'm not starving but this economy is terrible.

    • @mikespence8895
      @mikespence8895 16 ชั่วโมงที่ผ่านมา +9

      Under trump i was doing the best i ever did in life. Now I'm doing ok but man I miss those trump years.

    • @joeblow-k1v
      @joeblow-k1v 16 ชั่วโมงที่ผ่านมา +5

      Ramsey's 'advice' is dog's vomit - always has been. Boomeriest of the boomers.

    • @WorkingGirl1992
      @WorkingGirl1992 15 ชั่วโมงที่ผ่านมา +4

      Agree. I don't take vacations, don't eat out, no spending money on "self care" items such as spa items. No car payment. Make decent money but still not enough to fund a retirement in several years. I will have to keep working. We need to redesign pay and work in this country. And stop the creep towards oligarchy with our politicians.

    • @Deltron6060
      @Deltron6060 10 ชั่วโมงที่ผ่านมา +2

      Sounds like you need a skill or trade.

    • @og6433
      @og6433 10 ชั่วโมงที่ผ่านมา +2

      OMG. What kind of job do you have? You need a different job asap.

  • @timothyrussell1179
    @timothyrussell1179 วันที่ผ่านมา +188

    1. Restaurants, 2. Vacation, 3. Expensive cars. Okay, so nothing I'm actually spending on.

    • @jaunt3603
      @jaunt3603 วันที่ผ่านมา +1

      Why do you think you are broke?

    • @timw8228
      @timw8228 วันที่ผ่านมา

      @@jaunt3603 My wife

    • @timothyrussell1179
      @timothyrussell1179 วันที่ผ่านมา

      @@jaunt3603 I didn't say I was broke. I am the sole income earner because I'd rather my wife take care of the home and young children, for which I greatly appreciate her. Whatever income level you're at, you likely feel the pinch of the inflation. We were putting away more before, now we pay the bills but have less leftover to save or invest. Figured I'd see what Ramsay says.

    • @timothyrussell1179
      @timothyrussell1179 วันที่ผ่านมา

      @@jaunt3603 I didn't say I was broke. I am the sole income earner because I'd rather my wife take care of the home and young children, for which I greatly appreciate her. Whatever income level you're at, you likely feel the pinch of the inflation. We were putting away more before, now we pay the bills but have less leftover to save or invest. Figured I'd see what Ramsay says.

    • @my_channel_44
      @my_channel_44 วันที่ผ่านมา +22

      Yeah. His advice is 100% boomer.

  • @pinschrunner
    @pinschrunner 20 ชั่วโมงที่ผ่านมา +36

    Taxes is the #1 waste of Americans' money

    • @sidneylittle5399
      @sidneylittle5399 7 ชั่วโมงที่ผ่านมา

      @@pinschrunner and numbers 2 and 3 too!!!

  • @alc7020
    @alc7020 วันที่ผ่านมา +48

    I was taught early in my life if something’s worth buying you save to own it and to pay cash; don’t pay on time because you may not have time.

  • @kathygray7356
    @kathygray7356 วันที่ผ่านมา +69

    These are such simple principles everyone should be taught in High School.

    • @ChristIsKing8888
      @ChristIsKing8888 วันที่ผ่านมา +12

      There's a reason self sufficiency has been removed from schools. Make everyone dependent on the government.

    • @susanryan3479
      @susanryan3479 วันที่ผ่านมา +2

      They use to...

    • @heidiw8406
      @heidiw8406 22 ชั่วโมงที่ผ่านมา +4

      Or parents could set the example for their children. Be a good example or a bad example and maybe the children will learn.

    • @spiritanimal7516
      @spiritanimal7516 12 ชั่วโมงที่ผ่านมา

      School teaches useless facts these days

    • @huitrecouture
      @huitrecouture 9 ชั่วโมงที่ผ่านมา +1

      Yeah because there's no such thing as parents, right?

  • @logmonkeyr32vr7
    @logmonkeyr32vr7 20 ชั่วโมงที่ผ่านมา +36

    $2,000 car is a joke. $5-9k is more reasonable

    • @battra92
      @battra92 11 ชั่วโมงที่ผ่านมา +2

      It depends on how long you need it. $2000 could get you a Honda Fit

    • @BrockLanders
      @BrockLanders 9 ชั่วโมงที่ผ่านมา +4

      This was probably about 30 years ago when he did it. So with inflation it is probably closer to 5k by today’s standards.

    • @merlinyoder8262
      @merlinyoder8262 6 ชั่วโมงที่ผ่านมา

      Depends how broke you are.

    • @tonyc223
      @tonyc223 3 ชั่วโมงที่ผ่านมา

      Retired GM mechanic . I own 2001Jeep Cherokee ,99 chevy lumina. 86 w350 Never had a car payment. Will never spend more than 10 grand on a car. May never buy another.

  • @SyrenaLopez
    @SyrenaLopez วันที่ผ่านมา +24

    Atmosphere at home is way more satiating than eating out! Hands Down ❤❤

    • @danerickson1632
      @danerickson1632 วันที่ผ่านมา +4

      Save more $$$ not eating out

  • @tylerlake9302
    @tylerlake9302 วันที่ผ่านมา +32

    The most influential and relevant interviews of our time. The substance that you get is far more informative than any other person asking questions. Rock on Tucker.

  • @sidneylittle5399
    @sidneylittle5399 วันที่ผ่านมา +77

    No credit card debt. We only eat out on birthdays. Paid cash for my truck. Haven't gone on vacation in 15 years. Paid off my house in 8 years instead of 25 or 30. Self employed and we live well off 40 G a year. Never lack for anything.

    • @Carma123
      @Carma123 วันที่ผ่านมา +6

      It sounds like you live in a low cost state for real estate/homes.

    • @sidneylittle5399
      @sidneylittle5399 วันที่ผ่านมา +7

      @@Carma123 central Maine. Used to be cheap to live here. Now it's like everywhere else. including real estate.

    • @Jeff-yz3on
      @Jeff-yz3on วันที่ผ่านมา +2

      @@sidneylittle5399 The average price for a house in the city I live in is $1,299,639. Is central Maine like that?

    • @unregistereduser1088
      @unregistereduser1088 วันที่ผ่านมา +1

      You lack a vacation?

    • @Carma123
      @Carma123 วันที่ผ่านมา +1

      @@Jeff-yz3on Same. Tucker talks about living where you were born and your grandparents are buried and I can’t. I was forced out due to cost. Wealthy foreigners snapped up homes and hid their money in real estate in my home town that was once considered working class by the ocean. Now it’s all over priced million dollar homes.

  • @audreym3777
    @audreym3777 วันที่ผ่านมา +56

    For most of us it’s:
    1) IRS 2) DMV 3) health care/insurance

    • @cm401
      @cm401 วันที่ผ่านมา +3

      agree

    • @lionheart93
      @lionheart93 วันที่ผ่านมา +4

      dmv? what do u pay per year to the dmv?

    • @brucemirbella2215
      @brucemirbella2215 วันที่ผ่านมา +2

      I think that Dave is referring to the three things that people waste money on, not the three highest expenses.

    • @joycewright5386
      @joycewright5386 วันที่ผ่านมา +1

      Dave is talking about unnecessary expenses that you can cut in order to pay debt. The IRS never goes away. But what in the world do you pay to DMV except to renew license and registration once a year?

    • @jdub3999
      @jdub3999 21 ชั่วโมงที่ผ่านมา +1

      Kentucky vehicle registration makes you want to buy used cars.

  • @kennethwolkens6251
    @kennethwolkens6251 22 ชั่วโมงที่ผ่านมา +18

    "But....we deserve a vacation" is what I heard for years when we were broke. I didn't budge and still hear it to this day what a mean guy I was and that we missed out.

  • @Powder148
    @Powder148 วันที่ผ่านมา +33

    In 1996 I took a high school senior trip to Mazatlan total of 15 Seniors all by ourselves and we realized right before takeoff more than half of the kids it was their first time on a airplane and it was without their parents lol. The 90s were a different time no way I would let my kid go to Mexico by themselves for a senior trip today

  • @olesyakonovalova592
    @olesyakonovalova592 17 ชั่วโมงที่ผ่านมา +9

    Our biggest expense is food for the family( eating and cooking at home). No car payments. No vacations - only local day hiking for the last 20 years.

  • @DePalma.
    @DePalma. 23 ชั่วโมงที่ผ่านมา +23

    Most people I know live outside of their means…it’s so strange for me to watch.
    I don’t know how people can have no savings & many times debt…yet think they “deserve” to have a new car, go out to eat, etc…makes zero sense to me😂

  • @11957gary
    @11957gary วันที่ผ่านมา +54

    I retired to the Philippines. I eat out everyday, the difference is, it cost me $1.49/ meal. Last one out of America turn out the lights.

    • @christophershultz1620
      @christophershultz1620 วันที่ผ่านมา

      Sorry to tell you Gary, but if your not a native there, you'll be targeted as an outside invader. Should have stayed where the ammo is. I hope you carry a weapon- How many animal attacks are there per year in the US?
      estimate how many people are injured or killed each year by wildlife or stricken by a zoonotic disease. Over 47,000 people annually in the United States sought medical attention after being attacked or bitten by wildlife, and approximately 8 people died annually.
      Stay strapped out there and be safe.

    • @Mrsmetamorphosis2012
      @Mrsmetamorphosis2012 วันที่ผ่านมา +5

      Healthcare? Protection? Freedom of religion? Owning property?

    • @craigtitusfitness2249
      @craigtitusfitness2249 วันที่ผ่านมา +7

      @@Mrsmetamorphosis2012😂 none of that exists in the US

    • @paulhefner2813
      @paulhefner2813 วันที่ผ่านมา +1

      @@11957gary you should be happy that most americans are scared to live outside of the usa. I am scared of going back to America. Malaysia is fantastic. Healthcare is better than the usa. Cities are safe. Lots of great cuisines. Movies cost 3 dollars with a reserved seat. Oh god. Americans live in crazy world.

    • @davek5027
      @davek5027 วันที่ผ่านมา +2

      Dysentery?

  • @multuminparvo7560
    @multuminparvo7560 6 ชั่วโมงที่ผ่านมา +2

    Live like no one else so you can live like no one else. Amen. Thanks for all the great advice over the years Dave!

  • @DePalma.
    @DePalma. 23 ชั่วโมงที่ผ่านมา +33

    My 1994 Toyota 4wd pickup is worth 2x what I paid for it, 17yrs ago…it’s been my only vehicle for almost 2 decades😂

    • @kevins5268
      @kevins5268 22 ชั่วโมงที่ผ่านมา +3

      Nice you must live in the south. Those taco frames don't last in the north

    • @DePalma.
      @DePalma. 22 ชั่วโมงที่ผ่านมา +3

      @@kevins5268 lol funny. Yeah it’s hot/dry

    • @Joe-hz1nw
      @Joe-hz1nw 14 ชั่วโมงที่ผ่านมา +1

      @@kevins5268I have one that’s 15 years old. Frame is fine in the rust belt. Just coat it for an hour every 2-3 years and wash salt off once a month in the winter.

    • @waynemiller6070
      @waynemiller6070 5 ชั่วโมงที่ผ่านมา +1

      Ya got me beat. My caravan was 10 years old when I bought it 2010. Drove it 14 years. (It was worth a tenth of what I paid) Just got rid of it for a 7 year old grand caravan. Hope I can get at least as many miles. If I do, it'll probably be my last vehicle.

    • @DePalma.
      @DePalma. 2 ชั่วโมงที่ผ่านมา

      @@waynemiller6070 yeah that’s usually how it goes, I just happen to get lucky with this vehicle… Lol

  • @jcking6785
    @jcking6785 วันที่ผ่านมา +20

    Dave, my credit union, University of Kentucky Federal Credit Union, still offers a Christmas Club. I’m now retired but still move money into my CC account every WEEK so that come October, I can shop for Christmas gifts without any stress or guilt. (I live a moderately comfortable life today but sure wish I had known about you decades ago)!

    • @joycewright5386
      @joycewright5386 วันที่ผ่านมา +3

      I remember growing up in the 60s my Christmas club was 50 cents a week! Thought I was rich come Christmas shopping season.

  • @yolandascholten2012
    @yolandascholten2012 23 ชั่วโมงที่ผ่านมา +10

    I was taught if you can’t pay for it you can’t have it. So many people buy on credit these days and the debt can become unmanageable.

  • @MollyBrown-f9i
    @MollyBrown-f9i วันที่ผ่านมา +17

    solid advice. But Americans don't buy cars they buy the payments

  • @adrilongstreet3112
    @adrilongstreet3112 18 ชั่วโมงที่ผ่านมา +19

    We don't buy new cars. We buy reliable cars.

    • @priscillaa.7705
      @priscillaa.7705 10 ชั่วโมงที่ผ่านมา +1

      Keep telling yourself that lol
      New isn’t the only reliable cars. I’ve bought most of my vehicles at 3-5 years old and they have been SUPER reliable.

    • @MorganOtt-ne1qj
      @MorganOtt-ne1qj 6 ชั่วโมงที่ผ่านมา

      Perhaps @adlrilongstreet3112 does the same thing. We don't buy new, we buy reliable as well seldom under 100k miles, Toyota is the preferred brand, and pre 2010 the preferred age because I can wrench on them myself. Basis maintenance, and the typical wear items I can fix. Starters, alternators, water pumps, etc might take me a few hours to pull and replace, brake jobs are less time.

  • @jeffgreagrey4585
    @jeffgreagrey4585 วันที่ผ่านมา +18

    He's right...we followed Dave Ramsey's baby steps. Best decision ever and we're debt free. Thanks Dave 🥳

  • @narsham852
    @narsham852 วันที่ผ่านมา +21

    Sometimes we go to an Asian buffet that charges $14.99 per senior citizen. Majority of time we cook at home - just cheaper and healthier. We're still working and hope to retire at 65 years old. All our vacations are staycations - has been for the last 25 years. Both our cars are paid off except for insurance. We'll be running those cars into the ground before replacing them with another used car. We're doing alright but if prices keep going up we're going to have to work longer. We pray we have the health to keep working after 65. Vote early and vote Trump/Vance to help lower the inflation. The Demonrats don't care about the people - just look at how they're handling the hurricane - tells you all you need to know.

    • @rdhudon7469
      @rdhudon7469 วันที่ผ่านมา +4

      I start buying christmas presents in August and I will be done next month . Cash and carry with no debt after christmas . I own my house and cars . I have an old boat I restored. The restoration process being part of the entertainment . I was raised by children of the great depression . Frugal they would say .

    • @janelleg597
      @janelleg597 10 ชั่วโมงที่ผ่านมา

      Going nowhere for decades on end is pretty sad but wutev

  • @mizzmia4407
    @mizzmia4407 วันที่ผ่านมา +22

    3 tickets just to get in Disneyland last weekend, $714

    • @curtispavlovec
      @curtispavlovec 17 ชั่วโมงที่ผ่านมา +5

      Insanity. Why people actually pay those prices is beyond me.

    • @blder56
      @blder56 16 ชั่วโมงที่ผ่านมา +4

      Boycott Disney

    • @dpoteat56
      @dpoteat56 12 ชั่วโมงที่ผ่านมา +3

      NEVER been and NEVER will 😂😅

  • @Carma123
    @Carma123 วันที่ผ่านมา +17

    Most people can’t afford vacations.

    • @workingcountry1776
      @workingcountry1776 วันที่ผ่านมา +4

      Finally got one under Trump at about 36 years old... Was too short 10 days after 18 years of working. Won't have another til we're ahead like that again

    • @blder56
      @blder56 16 ชั่วโมงที่ผ่านมา +1

      Vacations are a fast, fantastic way to flush your money

  • @upnorth21
    @upnorth21 11 ชั่วโมงที่ผ่านมา +2

    I love the saying, "Live like no one else, so you can live like no one else!" Good common sense.

  • @svenskanorsk
    @svenskanorsk วันที่ผ่านมา +11

    My first airplane trip was in 2000. I was 19 years old. Courtesy of the United States Navy. Growing up poor in rural Minnesota, you went to the Black Hills or Wisconsin Dells, if you were lucky.

    • @heidi22209
      @heidi22209 วันที่ผ่านมา +1

      The Dells. Yup that was a fancy vacation for us poor kids. Back then you could bring your own beer and food into the water park. And smoke 🚬 cigarettes by the wave pool.

    • @cestmoi1262
      @cestmoi1262 วันที่ผ่านมา +1

      Don't knock the Wisconsin Dells. We had a lot of fun there in the 60's coming from Chicago. LOL!

  • @ilikebassandagiraffe
    @ilikebassandagiraffe วันที่ผ่านมา +35

    We barely have money to waste in the first place! I hope you two discuss the absurd costs of living for working people rather than the occasional dinner/movie night they treat themselves to.

    • @Carma123
      @Carma123 วันที่ผ่านมา +4

      It’s not expensive only for the young tho. It’s for anyone who is a regular working class family or person.

    • @ilikebassandagiraffe
      @ilikebassandagiraffe วันที่ผ่านมา +1

      @@Carma123 true

    • @amberh3333
      @amberh3333 วันที่ผ่านมา

      THIS!!!

    • @DaleMeese
      @DaleMeese วันที่ผ่านมา +9

      You must first correct the waste. Us older folk sit back in the office and listen to the younger folk complain at the cost of living as they are working on their third expensive Starbuck coffee of the day and then getting lunch delivered to them at the office. The reason cost of living is so difficult for the younger folk is they waste their money.

    • @rdhudon7469
      @rdhudon7469 วันที่ผ่านมา +5

      @@DaleMeese So true . I own a small business and our service center is beside a greasy spoon (Good food). I have employees that will buy breakfast and dinner there and complain on payday . Meanwhile their boss (me) brown bags it every day . I drink coffee and make it myself . No drive through's . That is very basic . It doesn't pay to be lazy . Learning simple math goes a long way . Chasing the Jones's is a fools game . Status symbols are for Peacocks and Poodles . I have no debts , own a mortgage free home and drive a late model Taco . It takes time and effort when you start from nothing.

  • @drlongus8321
    @drlongus8321 วันที่ผ่านมา +18

    $400 or $2000 cars??? Maybe in 1978 that worked but today it's not a functioning car or will be in the shop every week 🤣😂🤣😂

    • @chrishart8548
      @chrishart8548 19 ชั่วโมงที่ผ่านมา +4

      Even a decent 2008 car is $8k now even a 2000 is $4-5k

    • @blder56
      @blder56 16 ชั่วโมงที่ผ่านมา +5

      A decent car is about $10k minimum

    • @drlongus8321
      @drlongus8321 9 ชั่วโมงที่ผ่านมา +1

      @@blder56 yep

    • @crookstonsucks
      @crookstonsucks 7 ชั่วโมงที่ผ่านมา

      Been driving my $1100 1992 camry for 6 years now. Great car. You can still get a decent car for 2000. It wont be nice but it will be decent. 5000 will get you something more respectable though.

    • @thyslop1737
      @thyslop1737 6 ชั่วโมงที่ผ่านมา +1

      $2,000 for a used car? Seriously? Would you push it everywhere?

  • @judithfitzgerald4150
    @judithfitzgerald4150 วันที่ผ่านมา +14

    I have a nephew who bid $100,000 on a car at a Hershey, PA auction. Another person outbid him.

    • @blder56
      @blder56 16 ชั่วโมงที่ผ่านมา

      That's too stupid to understand

  • @bestg55555
    @bestg55555 19 ชั่วโมงที่ผ่านมา +5

    We have a 30 year old Land Cruiser that run’s like a champ, and a 10 year old 4Runner that is perfect still, haven’t made payments on anything in 7 years, invested all those “payments” during that time, couldn’t be happier. People like the chase and high of buying a new car, they may
    regret it in most ways a few months later.

    • @MorganOtt-ne1qj
      @MorganOtt-ne1qj 5 ชั่วโมงที่ผ่านมา

      👍 Toyota!

  • @drchico40
    @drchico40 วันที่ผ่านมา +14

    What is this "vacation" they speak of?

  • @jefreahard9165
    @jefreahard9165 22 ชั่วโมงที่ผ่านมา +7

    The cars "losing 70% of their value" isn't a thing anymore. Not sure if he's priced used vehicles, but many of them (especially trucks and reliable imports) are selling for more than their new price.

  • @brokenstacker8297
    @brokenstacker8297 6 ชั่วโมงที่ผ่านมา +2

    In other words cut out all of the joy in your life. Go to work, eat, sleep, repeat.

  • @leashkapeesh454
    @leashkapeesh454 วันที่ผ่านมา +8

    Proverbs 22:7
    King James Version
    7 The rich ruleth over the poor, and the borrower is servant to the lender.

  • @dawnt5587
    @dawnt5587 6 ชั่วโมงที่ผ่านมา +1

    Love Dave. He changed my life.

  • @ryansullivan6899
    @ryansullivan6899 22 ชั่วโมงที่ผ่านมา +2

    Thank you guys for this video! Me and my wife watched this and realized alot

  • @jimpatterson3286
    @jimpatterson3286 วันที่ผ่านมา +6

    Drive a 13yr old car no payment for nine years. Always garaged and only 60k miles. I ain't getting rid of my big ass Buick. Whatever she needs.

    • @PHUCKyoutube689
      @PHUCKyoutube689 9 ชั่วโมงที่ผ่านมา +1

      @@jimpatterson3286 I think I remeber hearing thats all Warren Buffett drove.

  • @bradwilson6601
    @bradwilson6601 วันที่ผ่านมา +5

    My wife and I are earners and savers. At one point, we found ourselves spending $1k per month on Uber Eats. We now eat better and spend $1k per year on delivery. Now it is special.

  • @depthcharge6215
    @depthcharge6215 วันที่ผ่านมา +9

    Stop voting yes on bonds.

  • @spiritcreek9813
    @spiritcreek9813 วันที่ผ่านมา +4

    Love Dave Ramsey’s story of the beater car 😂😂😂. Bondo beast!, with a vinyl top filling up with air! Hah.

  • @tomwinterfishing9065
    @tomwinterfishing9065 วันที่ผ่านมา +20

    The number one is Taxes.
    Two is permits.
    Three is licences.

    • @trevorjarvis3050
      @trevorjarvis3050 วันที่ผ่านมา +2

      INSURANCE!

    • @czsq1
      @czsq1 วันที่ผ่านมา +3

      Inflation

  • @junior5146
    @junior5146 16 ชั่วโมงที่ผ่านมา +2

    Unbelievable that we are at the state where it is considered excessive spending to go to a restaurant once a week and take a vacation once a year.

    • @wiggly103
      @wiggly103 15 ชั่วโมงที่ผ่านมา +1

      Restaurants are pricey. And for a lot of people/rest of the world it has always been considered a luxury to even go on vacation or to vacation once a year. But at the same time you only live once.

  • @tinafogle3216
    @tinafogle3216 วันที่ผ่านมา +5

    Our local bank still has Christmas Club accounts! Love mine.

  • @Rasputin-qj6rs
    @Rasputin-qj6rs 16 ชั่วโมงที่ผ่านมา +3

    Eat cup of noodles, stay home and play Uno, watch Friends reruns all day….. then you get hit by a truck tomorrow but hey at least you have 100K in your savings accounts…….

  • @lukasschultz1992
    @lukasschultz1992 11 ชั่วโมงที่ผ่านมา +1

    I bought a 2005 Jeep Grand Cherokee in 2016 for 3K and I’m still driving it today. It’s so nice not having a car payment!

  • @priscillaa.7705
    @priscillaa.7705 10 ชั่วโมงที่ผ่านมา +1

    God is good and we are extremely blessed.
    We take 2 awesome vacations per year , paid for , not financed. We eat out every Saturday and Sunday ,so I can rest from working / cooking and cleaning our home all week.
    And we save every month.
    I will say we have bought really good used cars when we need or want a new one for the last 12 years. And I just got myself something really really expensive and nice this month. But I’m 44 and have been living by Dave’s principles since I was about 27. Had to teach my husband. A LOT about money when we married, it was like reversing a sugar addiction … we had some big fights. But praise God , he has come a long way and we now work as a team on all matters.

  • @monikaw1369
    @monikaw1369 18 ชั่วโมงที่ผ่านมา +4

    I did a guys taxes who drove a Toyota Camry and he made 1.5m a year.

    • @thyslop1737
      @thyslop1737 6 ชั่วโมงที่ผ่านมา

      I have two clients. One has 110 investment properties. He is worth probably 100 million on paper and he drives, I think, at least a 10 year old Yaris that he assembled from two wrecked Yaris'. We have coffee sometimes. He will not pay for a refill, so he helps himself anyway.
      The other a timber baron from Oregon with two private jets. This guy is probably 6' 4" and he drives a Chevy Aveo clear across the country where he has investment properties to save money in the state I live. I am a vendor to both of these guys. The first guy is 82 years old. the other lumber baron is 77 years old.
      Both of these guys are beyond cheap. Cheap does not even begin to describe these guys. It is a sickness, a disease. The 82 year old dresses like a bum. You read storys about people like this. I know them. It is beyond frustrating dealing with them

    • @MorganOtt-ne1qj
      @MorganOtt-ne1qj 5 ชั่วโมงที่ผ่านมา

      ​@@thyslop1737They made their own way, in their own way. Study them, because they are teachers that don't have many in their classes.

  • @RandytheLatheGuy
    @RandytheLatheGuy 23 ชั่วโมงที่ผ่านมา +2

    Currently looking for a used work truck, the problem is there's no such thing as a good used truck anymore, can't get anything under 20k, and if you want not junk its 30k.

  • @cynthiahafner796
    @cynthiahafner796 วันที่ผ่านมา +6

    We have cut back on our spending. Love to cook so we are better off without eating out much. Our vacations are usually family related. I boycotted Disney awhile ago! Just got a two year old car after driving my minivan for 17 years and put 230k miles on it.

  • @j.taylor3670
    @j.taylor3670 วันที่ผ่านมา +13

    His advice is always good because his motivation is Christian based. God bless him.

  • @annwithoutane9432
    @annwithoutane9432 20 ชั่วโมงที่ผ่านมา +3

    I still do Christmas club but just take out in cash every check and put it in my safe till the next Christmas time. Takes the stress out of that time and only spend what I saved up.

  • @paarker
    @paarker วันที่ผ่านมา +9

    I refuse to work any harder. In the UK I’m at the 40% tax level. With NI, my tax rate is 43%.
    Then add, everything I buy has 20% VAT on it. Out of every pound I earn, I’m left with 45.6% of that pound. That’s not including all the other axes like fuel tax and inflation.
    I refuse to be a government slave. I’m not rich and the average salary is getting closer to the 40% threshold every year.
    The UK is a socialist country. That’s why living standards are on the decline because government tax and spending has gone up.

    • @joycewright5386
      @joycewright5386 วันที่ผ่านมา +1

      Wow! That’s horrible!

    • @blder56
      @blder56 16 ชั่วโมงที่ผ่านมา

      It's the direction the US is headed with this regime!

    • @janelleg597
      @janelleg597 10 ชั่วโมงที่ผ่านมา

      Are y'all going to do anything about it?

    • @og6433
      @og6433 10 ชั่วโมงที่ผ่านมา

      UK government still has money for the Ukraine war and they are strong supporters of the war too. They must have enough money.

  • @kristinwannemuehler9757
    @kristinwannemuehler9757 14 ชั่วโมงที่ผ่านมา +1

    We have 8 kids. We rent my husband's family's condo in Pensacola that they've owned for 35 years. It used to be $100 a week to rent, now it is $400, we fit all 10 of us in this 2 bedroom condo every year for vacation, even though my husband is now a surgeon and we could afford much more, but in a 5 minute drive to the beach, there's free entertainment for at least 4 hours a day for the entire family. Hard to beat, even now, especially compared to how much vacations CAN cost.

  • @togetherrrr
    @togetherrrr วันที่ผ่านมา +2

    My first time car in the US was a 1988 Oldsmobile, I paid $2000 , hard earned saved cash. From there, everything I made would go to repair that beast which liked to break down on me rather often. As a single woman who just started driving and knew nothing about cars, I later discovered that not all body shop workers were honest with me, charging for parts they never replaced, or did something was not needed, etc, so to buy a 2k car was a bad idea. I ended up selling it in less than year for 500$, took loss, and managed to get a new car instead.

  • @trailerparkcryptoking5213
    @trailerparkcryptoking5213 วันที่ผ่านมา +4

    I drive a 2001 Lexus RX300 with 234k miles and I paid $4k for it eight years ago when it had 150k miles. Starts every time, rides smooth, reliable , blows cold air and has tunes! I did have to buy a Gromm interface to connect my phone via Bluetooth, love my Pandora Yacht Rock station.... You can’t run the AC on high or it will freeze you out. When I want to have fun I take out my 1972 C10 pickup that has a 600 HP big block Chevy engine in it. It embarrasses hemis, mustangs and vettes.....I paid $5600 for it in 1998. I do like my tuna trips to Cabo on occasion and I do all the cooking in my house, but when I need a break we go out to eat, but look for specials or share a plate and order water with lemon.....

    • @priscillaa.7705
      @priscillaa.7705 10 ชั่วโมงที่ผ่านมา

      All that money you’ve saved on having super old cars all these decades and you can’t at least order your own separate plates on the rare occasion that you eat out ?? Sounds like you may still have a leak somewhere.

    • @MorganOtt-ne1qj
      @MorganOtt-ne1qj 5 ชั่วโมงที่ผ่านมา +1

      Sounds like fun! Especially the old truck! 👍👍

  • @bmichele83
    @bmichele83 6 ชั่วโมงที่ผ่านมา +1

    I am a huge fan of Dave. But his ignorance on car leasing shocks me everytime I hear him talk about it. 14.2% average interest rate on a car lease isn't even close to reality. At all, ever.

  • @EGlideKid
    @EGlideKid 18 ชั่วโมงที่ผ่านมา +2

    One of the good things about living almost an hour from most restaurants is that we eat out maybe twice a month, and usually combine it with trips to buy groceries. When we do eat out, our meals rarely cost more than $50, but we eat well anyway. I take a cooler chest and blue ice, and that lets us shop even before we eat out. Our vacations are in the Jeep, driving the countryside or going to a larger city for a day or on occasion maybe two.
    Are we poor? No, but we're not rich either. Not in the eyes of most Americans. Do we owe anybody money on time? Absolutely NOT. We own our house and our vehicles, or at least we own it in the sense the government wants us to think we do. Our two vehicles are 11 and 6 years old respectively, and as long as they don't cost for repairs all the time, we'll keep them.
    Living within your means takes discipline, but if you can do it, you'll always have money. Not millions, probably, but enough to keep your financial stress levels near zero because your bills will be paid on time and every time.

  • @Jfromes1
    @Jfromes1 19 ชั่วโมงที่ผ่านมา +2

    I'm pretty good at saving money but theres nothing wrong with driving a nice car and going out to eat once in awhile or going on vacation. Theres no point in putting your nose to the grind store if you don't occasionally allow yourself bathe in champagne.

  • @brokenstacker8297
    @brokenstacker8297 6 ชั่วโมงที่ผ่านมา +1

    Family of 4, $10K/month net, only debt is house payment ($2000/month PITI) and still tight on money. This economy sucks!!!!

    • @francestaylor9156
      @francestaylor9156 5 ชั่วโมงที่ผ่านมา

      What?! So you spend $8k a month on stuff? That’s wild. Even in this economy.

  • @royrudy
    @royrudy 22 ชั่วโมงที่ผ่านมา +6

    How about those $100k trucks men buy.

    • @jdub3999
      @jdub3999 21 ชั่วโมงที่ผ่านมา

      Exactly, insanity.

    • @topsham69
      @topsham69 17 ชั่วโมงที่ผ่านมา +1

      Makes one wonder about the size of their "boots".

    • @scarecrowzero84
      @scarecrowzero84 8 ชั่วโมงที่ผ่านมา +1

      I bought a nice used one for 34k. It has been very useful and does most of the things 100k trucks do. We have all ready paid it off and it has a lifetime powertrain warranty.

  • @elaine0819
    @elaine0819 21 ชั่วโมงที่ผ่านมา +2

    I love “What’s a Christmas Club acct”! Tucker 😅

  • @alexmcgregor2854
    @alexmcgregor2854 วันที่ผ่านมา +5

    As a cook I’m mildly offended… 😎

  • @heidiw8406
    @heidiw8406 22 ชั่วโมงที่ผ่านมา +2

    Most people I know think it is normal to have car payments, house payments and go on vacation at least once a year. They eat out or have food delivered almost every day. That is just normal life for them.

  • @rocknrollresignation93
    @rocknrollresignation93 7 ชั่วโมงที่ผ่านมา +1

    2k used car doesn’t exist and if it does it will not get you far. 10k car is the new hooptie

  • @PFlow007
    @PFlow007 วันที่ผ่านมา +4

    We almost completely stopped eating out

  • @ajbaums5687
    @ajbaums5687 7 ชั่วโมงที่ผ่านมา +1

    Ha we don’t eat out, have no car payment and still broke.

  • @bobkaiser8782
    @bobkaiser8782 6 ชั่วโมงที่ผ่านมา +1

    1. Taxes
    2. Taxes
    3. Taxes

  • @markvogel5872
    @markvogel5872 20 ชั่วโมงที่ผ่านมา +2

    Hardest thing is breaking from uber eats....that is an awful drain.

    • @stoundingresults
      @stoundingresults 4 ชั่วโมงที่ผ่านมา

      Not if you pick up your order

  • @kevincampbell3943
    @kevincampbell3943 9 ชั่วโมงที่ผ่านมา +1

    Buy a Maryland inspected used car and it will be around 10,000.The 2,000 car is fantasy now days.Not inspected and you don,t drive.

  • @chrisp308
    @chrisp308 วันที่ผ่านมา +4

    I'm about to be 42 and I have never been on an airplane because I rather have food

  • @thatguy4660
    @thatguy4660 12 ชั่วโมงที่ผ่านมา +1

    One thing i can yell you .... People out in the country (those who do country things sunch as farming) don't spend money like this..... And we still dont have money. Lol

  • @studytunes8549
    @studytunes8549 14 ชั่วโมงที่ผ่านมา +1

    The top 3 things are: #1 Food, #2 clothing, #3 Air

  • @YSLRD
    @YSLRD 14 ชั่วโมงที่ผ่านมา +1

    Good advice. But you have to raise the bottom price. You can't buy a reasonably reliable car for less than 5000, and that's in a low income area.

  • @jimhowell4937
    @jimhowell4937 วันที่ผ่านมา +10

    In my younger day all this was common sense. Today most people think the big three expenses are needed. If young people don’t fight it out you’re going to find out why your great grandparents saved bacon fat in a can on the stove.

    • @topsham69
      @topsham69 18 ชั่วโมงที่ผ่านมา +1

      Have bacon fat in a cup on stove right now. Much better than using seed oils.

  • @whammerjammer1562
    @whammerjammer1562 19 ชั่วโมงที่ผ่านมา

    Great advice! My 1980 economic class teacher taught us these lessons

  • @blakeharrison3972
    @blakeharrison3972 17 ชั่วโมงที่ผ่านมา +1

    Paying off my car was the best feeling, it’s a 2017 Honda with Bluetooth I’m happy

    • @betsyogle8224
      @betsyogle8224 7 ชั่วโมงที่ผ่านมา

      LOSER

  • @MourningConstitution
    @MourningConstitution 6 ชั่วโมงที่ผ่านมา

    Thanks!

  • @sevenRyeh
    @sevenRyeh วันที่ผ่านมา +1

    I have full confidence that my child will grasp this lesson in due time. I remember being in the same position myself. The moment I witness her confidently depositing her funds into a designated account, I will know for sure that she has mastered it.

  • @SpeakerBuilder
    @SpeakerBuilder 19 ชั่วโมงที่ผ่านมา +1

    Twenty years ago, before I had my big net worth, I did buy a new vehicle, but first, I had the income to pay it off early in three years and did so, second, I got a budget vehicle, not a top of the line one, third, I used my bro's A Plan and got it for just over dealer cost, and finally I drove it for 20 years, kept care of it including changing the oil regularly so it was exceptionally reliable. It had gotten old enough that I could not rely on it for long trips out of state and so I sold it in 18 hours for $2500 and I could have gotten 3 grand though I didn't realize this at the time. And yes, now I bought a nice truck brand new for 30 grand four months ago, and will pay it off next month.

  • @R33DKORE
    @R33DKORE วันที่ผ่านมา +2

    Some restaurants are cheaper than grocery stores right now. Idk what cheap meals this guy is making 😂

  • @MorganOtt-ne1qj
    @MorganOtt-ne1qj 5 ชั่วโมงที่ผ่านมา

    I get a quarter of a beef as a work bonus, and I like to get a whole hog to add variety to our diet. My wife does some gardening for the vegetable part of our meals, and she is pretty good at changing up our dinners, and I do some of the cooking as well. We only buy cold cuts for lunch meat, hot dogs for fast dinner when we are busy, but I will get something "fancy" like Salmon fillets when they are on sale. The pork is custom cut, but still cheaper than retail. I pick the beef out on the hoof, and it's always good eating. Restaurants are a treat, usually for entertainment and not having to do any dishes. Cash for all of it. It tastes better that way.

  • @ks986
    @ks986 17 ชั่วโมงที่ผ่านมา

    Dave changed my life! 🎉

  • @justinsmitley7619
    @justinsmitley7619 20 ชั่วโมงที่ผ่านมา +2

    I think most people are willing to sacrifice some money for memories with their family especially when you have kids and you want to go on vacation once a year even though you can't really afford it. You're making memories that will last forever and kids grow up so fast and your opportunity will be gone.

    • @monikaw1369
      @monikaw1369 17 ชั่วโมงที่ผ่านมา

      As long as the kids don’t have to live through the stress their parents exhibit when the bills come. I don’t like Christmas because my mom spent way too much throughout the year and there wasn’t really any money for presents but were bought anyway on top of what she spent on herself during the year.

    • @justinsmitley7619
      @justinsmitley7619 17 ชั่วโมงที่ผ่านมา +1

      @@monikaw1369 I totally agree with the Christmas thing and all holidays that boost prices because they know people will buy them. I get all that.

  • @AP-rg7wi
    @AP-rg7wi 7 ชั่วโมงที่ผ่านมา

    I keep an old fashion Excel spread sheet on myself. I keep a balance sheet and income statement. Food and auto are a couple of the about 20 line items on the income statement.

  • @kennethwood2089
    @kennethwood2089 10 ชั่วโมงที่ผ่านมา +1

    Most of us are barely scraping by--eating out, vacations, flying, and luxury cars are for those who can afford it. Pay for things CASH MONEY---why give the CC and BANK blood suckers your money.

  • @williamjacobs9065
    @williamjacobs9065 11 ชั่วโมงที่ผ่านมา +1

    I guess it must be cold over there. They both have their arms folded. Reduced the heat to save money.

  • @tpfromcentralpa1692
    @tpfromcentralpa1692 9 ชั่วโมงที่ผ่านมา +1

    Dave must be having trouble in this economy making rounds bloviating his BS...............I agree on vacations, somewhat on eating out, but the car nonsense he is really out in the wilderness. People need a reliable vehicle, without it they can not survive. As a mechanic by trade, you can't have junk if you CAN NOT work on it yourself, that beater will cost you more than one might think if you have to pay current shop rates that seem to do nothing but climb to have it repaired, and we won't even get into the price of parts. Good used is fine, but its not $2k...........He is dreaming, I just bought a $2k used 3/4 ton truck and are repairing the frame now for example. Point of this is, you need a GOOD vehicle to hold the job to keep the money flowing, his nonsense on the 2k beater sounds great and looks great on paper until you actually put some thought into it, as do most of the things he spouts off.

  • @benturner4352
    @benturner4352 วันที่ผ่านมา +3

    Except some Porsche cars. They occasionally go up in value. Or hardly lose any.

    • @danw6014
      @danw6014 23 ชั่วโมงที่ผ่านมา

      Plymouths go up in value if you pick the right one.

    • @sassysandie2865
      @sassysandie2865 22 ชั่วโมงที่ผ่านมา

      Or a vet.

  • @darrendaine4914
    @darrendaine4914 19 ชั่วโมงที่ผ่านมา +1

    One thing I would ask him about new cars what if you bought one and kept it for 16 years? Would that make any sense?

  • @Onemadfiddler
    @Onemadfiddler 22 ชั่วโมงที่ผ่านมา +2

    I've never taken out a loan on a car, never went out to eat more than once a week (once a month now) and i have 5 kids under the age of 9 so i dont get vacations.

    • @jdub3999
      @jdub3999 21 ชั่วโมงที่ผ่านมา +2

      I bet you are happier than most people who take expensive vacations! Keep living the good life!!

    • @Onemadfiddler
      @Onemadfiddler 17 ชั่วโมงที่ผ่านมา +1

      @@jdub3999 of course I am! You can't experience true happiness without getting your priorities straight.

  • @jimparker7778
    @jimparker7778 วันที่ผ่านมา +1

    I hope Dave and Tucker will talk about the importance of starting a responsible saving/spending lifestyle while you're still young. Waiting till you're 55 y/o to adopt Dave's plan is pointless.

  • @cherylkalsch5107
    @cherylkalsch5107 16 ชั่วโมงที่ผ่านมา

    I love these two men for their principles.

  • @jongray3797
    @jongray3797 วันที่ผ่านมา +2

    Sir, your information on lease rates is incorrect. All you have to do is ask a finance or sales manager what the money factor is on the lease and multiply by 2400. Most lease rates are under 8%. You’re still better off paying cash, but I would trust you more if you were putting out correct info. Thanks.

  • @NOYB1776
    @NOYB1776 17 ชั่วโมงที่ผ่านมา +2

    Dave is another classic boomer so deluded in the old ideas about money, saving, and spending.
    We already aren’t going to restaurants, we already aren’t going on vacation, we already aren’t buying expensive cars. We can’t already afford any of that crap. We want a reasonable work/life balance, reasonable prices, reasonable people, and reasonable living costs. And Dave is not one to suggest anything reasonable or set in reality.

  • @pittysbad
    @pittysbad 10 ชั่วโมงที่ผ่านมา

    I was 54 and took my one and only plane trip/vacation. if I eat out it is at Mc Donalds, the 3.00 bundle meal and drive a 1998 subaru forester.

  • @dave9547
    @dave9547 วันที่ผ่านมา +9

    So eat baked beans and dont leave your neighbourhood, unless it's to go to your slave job. Got it.

    • @grocerygoat06
      @grocerygoat06 วันที่ผ่านมา +4

      Ramsey is a grifter. He also declared bankruptcy a while back. He's just another out-of-touch boomer.

    • @workingcountry1776
      @workingcountry1776 วันที่ผ่านมา

      ​A while back... Decades back. His principals are timeless because they are biblical. Calling someone that is no better than calling someone a ni#@r
      ​@@grocerygoat06

    • @PHUCKyoutube689
      @PHUCKyoutube689 20 ชั่วโมงที่ผ่านมา

      ​​@@grocerygoat06 Boomer formula to wealth was buy a house for $60,000 live in it for 30 years, while voting to implement plans that make home development almost impossible, inflating the pressure on the housing supply, then sell the house for 1.2 million and run around telling everyone how hard they worked and good savers they were to aquire their wealth, when in reality they created a problem they financially benefited from.

  • @sassysandie2865
    @sassysandie2865 22 ชั่วโมงที่ผ่านมา +1

    A $2000 car? Good luck finding one at that price that actually has an engine! My bro owns a car lot and laughed when I asked about buying a $5000 car. He said a decent used car starts at 10k.

    • @monikaw1369
      @monikaw1369 17 ชั่วโมงที่ผ่านมา

      He said he bought a $2000 car when he went broke.