This is the first time I’ve watched and not agreed. I work from home now and earn more than I did working 60 hour weeks doing two jobs! I prioritised my family and it’s the best thing I ever did. It can work.
My husband did the same by forgoing his small business and finishing up his engineering degree. Less stress, lot of benefits and free time while actually making a lot more money 🤷🏻♀️ I wouldn’t have wanted a husband that couldn’t be an involved parent personally. Fathers are important too!
Speaking for my I.T. role, I’m now happier and more productive since I started working from home/office hybrid. I’m yet to see any evidence that supports the idea that companies make more money simply because everyone shows up at the same location to work at a computer every day.
This was my email, and I was disappointed that the Ramsey team altered my question. I want to respond since I felt that a lot of the context was removed from my inquiry and to raise awareness that this feeling could be shared by other listeners sending emails. The question had nothing to do about work-life balance. Instead, in my email, I express how I felt stuck in a business/career that "chips" away at my soul because I feel unfulfilled despite making good money with my IT business. When I am "free," I need to put extra effort into being there mentally for my family even though I work hard for them and have set us up in a good position with no debt. I want to explore other business opportunities, but I have difficulty overcoming the fear of change that could put my family at risk. In the email, I mention picking my son up from school as a catalyst for feeling guilty that I have been checked out mentally due to my career. So the dilemma I am in is that I know I am doing what is right for my family and ensuring their happiness. Still, at the same time, I crave a change in my life to feel fulfilled professionally and restore my mental presence for my family.
BB, I had a similar conversation with a friend this weekend. My question to you is, what type of work or hobby would you say replenishes your soul? For me, it's working creatively. Thankfully, a door opened for me to have a career in the arts; and I feel so blessed for that. I know the feeling of working a job that "chips" away at the soul - been there done that and it's a tough position to be in. I wonder what your path is to a new business that pays you at least what you make now and gives you a greater sense of happiness and fulfillment and gives you the time and space to be present with your family and enjoy their company. That is my prayer for you. Thanks for sharing!
The second you created that life to take care of you forfeited your freedom for responsibility in my opinion! Your where I am at, to move to the next level you have to figure out how to hire people or sale the business and create a new one now! Find investors to help you grow will also help you!
I think anyone that has a business has a bit of extra stress. It’s a decision you have to make for yourself. Being in IT means that you could make good money at a different company as well. Without the stress of it all being on you. The field your in I think you have lots of opportunities My husband used to be a small business owner. He went back to school to finish up his degree in engineering and work at a company. 40 hrs a week, much less stress and lots of free time and benefits with a decent pay. For us that is worth it with a family. My husband doesn’t come home stressed at all and quite enjoys his work. I’m of the believe we don’t live to work but work to live. Best of luck reflecting what is best for you and your family. Also do this together with your family. What would they want?
In US society we tend to find comfort in thinking that we know answers to life's difficult questions, make up some goals and work towards them. At some point we forget about the self before the goals were decided. And some hyper-focus on the task and goals. There is such a thing as "work-life-balance," and it only exist in the individual mind.
Remember, no one and I mean no one will remember how great a worker you were. How good a job you did on that large project. Your kids will always remember that you weren't there.
Exactly. My mom worked so much as a sacrifice to help provide for the family when we were kids, but I can only count a handful of times where we spent quality time with her. Fast forward to 30, 40 years later. I'm working at the time and I can't squeeze in any time to spend with family because I'm working all the time. It's like "Cat's In The Cradle" song.
I do have two aerospace patents in the books so my name will always be there. As long as they are remembering to deposit my monthly pension,pay my retiree medical,and I keep my free global lifetime flight benefits and ID90 ZED I'm can't complain.
I don’t remember if my dad was at my sporting events. I do remember that I was separated from my wife when we were in college because he didn’t make enough money to send me to her college like her dad did for her and how depressed I was as a result of that.
I think it depends on your income level. As long as you still have the money to pay the bills and save toward retirement and your kid’s college tuition, then it’s all good.
Work/life balance is super important to me. I give my company a solid 40 hours per week, get fairly compensated for it, and get to spend a ton of time with wife and young children. I could make more $$ if I put in more hours but what I make suffices... and I know this time with my children is precious and something that I will never get back.
There is work-life balance. It almost always means putting limits on the work side. David and John both have/had stay at home wives so I feel like they have the luxury of working ridiculous hours. Dave is from another generation. Women work now more often than not and men need to participate more in the running of the household/childcare.
Even if you are a stay at home mom, you still want your husband to be present for you and your children. I sure do and so does my husband. There are fields out there that make a good income while also having lots of free time.
Women often work more today because two incomes are needed to maintain the lifestyles people want to live and sometimes just to live at all. Dave is very wealthy and except for a couple of years where he was rebuilding after losing it all he has been wealthy and in that situation most women would not work even in this new generation. How can I say that? Because I work in a professional environment where the women make more than enough money to support a family on their own. Even so almost every one of them over the years who has been fortunate enough to marry a man who could support them staying at home and a family has quit work and done exactly that. The only ones who still work are those who know their husbands jobs are unreliable or who know they'd be divorced if both were home more often or if there were a penny less in the budget for toys.
My son was born when my husband were over 40 we decided that I would work from home part time until our son could go to preschool. I had comments from co-workers that I was "lucky" to be able to do that. I always said luck had nothing to do with it. Being out of debt, living below our means, both partners being gainfully employed - these all factors that made it possible for us to adjust when we had a late in life surprise. We also compromised on the type of work we did so that we could both be actively involved in our son's activities. No regrets here.
Work life ballance is about being able to go to an event outside of work with your family and or friends a couple times a week without being exhausted so you don't get burned out.
@@reese85 But being exhausted lowers the quality alot most the time and if you are getting too exhausted to do anything outside of work you are not recharging and you are better off doing less.
Your employer may not be family, but they do pay you to provide for your family. By doing everything you can for your employer, you are putting your family first.
I respect Dave’s financial expertise but find it bothersome how little he listens to the people that come to him for counsel. The foundational concept to all of his feedback is that people are stupid and/or lazy. While that is the case for a lot of people in this world, obviously the callers are interested and willing to better themselves and do the work to make wise decisions. The line at 2:25, “I don’t want to work much so I can play with my kid” is a horribly condescending interpretation of the caller’s dilemma. He clearly is working hard to provide for his kid but feels guilty for his absence. Not cool, Dave. 🤦🏻♀️
@@darakristi Anyone with half a brain knows that you see your kids when they aren't in school and you aren't working. That's what we did and our kids grew up to be successful adults. We took a vacation in the summer, took some weekend trips, etc. They loved those.
Money is money he chose to run a business of course he will be working more hours. If you want more money, you’re gonna have to put in the hard work and the effort to pay off for the lifestyle you are living. If you want to work 20 to 30 hours a week that you need to lower your lifestyle standards and not even get kids in the first place. I work 40 hrs a week as a mama, no kids or girlfriend, low rent my lifestyle is good
Work is simply a means to an end. Rarely an end itself. If my work doesn’t serve to benefit my home life and it actually ends up hurting my home life, then it’s time to make changes. No job or employer is entitled to my labor, especially if they don’t meet my expectations. That simple
Bottom line: you do what you have to do to provide for your family. Work / life balance is where you place your priorities. Do you take that promotion, even though it entails considerable travel which will take you away from your young children, or do you turn it down so that you can be at home with them every night. Maybe that promotion means being able to move to a nicer neighborhood with better schools. Priorities, decisions, adulting is tough....
I worked like that for quite awhile and provided well enough for my family, and as I did my wife cheated on me many times when I was working, It wasn’t my choice to always do this ….
Your child will remember when you ignored them and didn't have time for them. If you stroke out on the floor at your job they're going to say "that was so sad we miss them" and repost your position. Choose your hard.
Working from home does not mean working part time 🤦🏼♂️🤦🏼♂️🤦🏼♂️ maybe hire people you trust, Ramsey. Just because you might be lazy working at home, doesn’t mean everyone is.
Exactly. I have a lot of respect for Dave and his teachings, but it's really a shame how cynical and close-minded he is when it comes to the topic of remote work.
absolutely! remote work is proven to result in higher productivity due to less distractions, and it's people who get ahead due to making friends suffer. It's suddenly very clear to see how much each team member contributes in terms of actual work output and these folks, in addition to bosses with control issues, feel threatened by it.
@@sssrcr85 I'm honestly really sad on what the Ramsey show has become. It's slowly becoming more about policies than finance. When they brought out the new personalities I thought it would be a breath of fresh air but all Dave did was hire parrots.
My parents worked for money and sacrificed my childhood. Problem with that is, once they made millions, they had no real connection to their children. Today we don’t do Christmas as a family and the siblings can not get along. The parents spend their relaxing time with friends and their grandkids are not important to their life.
Don’t ask rich people about work/ life balance. My dad made 200-300k a year as a consultant when I was growing up. He flew away on Monday and came back on Friday (most weeks, sometimes he worked weekends too). No amount of toys, bikes, nice clothes, nice houses, or anything else made up for me not having a dad. I’m almost 30 and I’m still messed up and bitter over my childhood. There are plenty of jobs out there that pay more than enough for your family to be comfortable but will allow you to be in their lives.
It sounds like he could realistically hire an additional hand to help take over some of his responsibilities and also take on work that could improve their sales/production/efficiency. We don’t know what he pays himself in the equation or what roles he fills, but it appears there is margin for an additional hand to smooth out the operation and give him some additional time to spend with his family.
Yes, your son may not be as thrilled to see you if you are there for him a lot more often. But children should be able to take the parental presence for granted. You should not be mostly a stranger to him. He needs your guidance while he is learning to be an adult, and you shortchange that to your later regret. I have been present for a lot of terminal illnesses and deaths, and it is true that people have regrets that they emphasized the wrong things in life.
I completely disagree with the team on this one. Yes, you can achieve a work-life balance, especially if you are not a small business owner. Clock out when the day is over. Don't bring your work home. Make do with less. Will you be first in line for promotions? Maybe not. But you won't regret carving out time for the family.
@John Martin, parents have the first responsibility for the education of their children. If you neglect to be there for your kids to teach them in their youngest years, when it is most important, no amount of college will make up for it.
@@johnmartin4641 Maybe you shouldn't pay for kids college. Maybe they should go to community college, work part time, save money, and graduate at a lower cost school. No big deal.
As a child of parents who owned businesses and worked 70 hours weeks my whole life, I would like to say although it did afford us a nice house and nice cars, I would have preferred having my parents around more in my life growing up, I feel like our relationship was never close because they were like strangers since I hardly saw them. They are now retired and have free time but I travel for work so I don't see them that often now. Ask what's more important, time with your kids or having nice material things. I did go to college on a full scholarship so I really did not need the money for college either.
food & shelter are more important. be glad that you didnt have learn that lesson the hard way, thanks to your parents decication & hard work. Congratulations!
My husband & I own a business. The business consumed our lives until we finally decided we would go to work & when we closed the doors- we went home & never mention the business until the next morning. It took us awhile & we had to catch ourselves at the beginning but now it’s just a switch that we have learned to switch off & on. There’s more to life than running your business.
this is so true. My dad was gone working like 5am-9pm for two years in my early childhood.. I only ever saw him on weekends. That said, putting in the work paid off for him/us
I changed my schedule so I can make time for my kids. I work 40 hours, 1a-9a. I see the older children off to school and I spend time with them after school; I walk my 4y/o to preschool a bit later and get to spend time with the baby. My wife has the same schedule as my kids school schedule. I sleep 5 1/2 hours 7p-12:30a. It's definitely doable.
Life is never easy unless you live significantly below what you make. I have made from 7.25/hr to 40/hr. Everywhere between there was no work life balance. When i didnt make squat i worked 60hrs minimum and was always exhausted due to so many hours working. Now year i may make 40/hr but i still work 7-10 hr days. It takes me an hour and a half of driving each day. So essentially i work 50hrs(including driving) to pay for my house, car and living cost. And i by all means do not live a lavish lifestyle but i also know i need to save for home repairs, new cars when they die, retirement funding. Im just saying you have to sacrifice while you are young so you can realistically retire.
Work life balance DOES exist. It is a spectrum. There is good WLB and bad WLB. It is simply a comparison of time spent working against time not spent working. This man is really asking “Is it worth it to find something else that will allow me to prioritize spending more time with my family?” This guy isn’t asking “is it ok to stop working hard?” He’s not looking for an easy way out of his responsibilities, he is reassessing what matters in his life. I find that Dave often paints this picture that “if you don’t work hard, you are a lazy.” But it’s not always about working hard, sometimes it’s about working “SMART”. For example, finding ways to make a good income but still having more free time. If this caller was given a multimillion offer for his company, or a lucrative job in consulting that pays twice as much but has him working 20 hours less a week, would he be lazy for taking those opportunities??? I implore all of you listeners to understand that life is way more nuanced than the advice in this video explains. Do what works best for you!
It’s up to us to set boundaries. Frequently we put a lot pressure on ourselves due to strong work ethic. If company truly cares for you and your well being they will be clear about this topic and what their expectations are.
For those of us that are Christians, we have to remember that one day God will take into account all that we have done during our time on earth...and I'm pretty sure that climbing the corporate ladder isn't on the top of the list...instead we should remember to love and serve Him and others around us.
Money is not everything You can always make money but you can’t never get time back with your family Life is short enjoy it!!! You Never know when it’s your time to go enjoy!!!!!!!!
You have to understand Dave is a classic baby boomer who knows nothing but work. The guy is worth millions yet he still works. This is sad to say but Dave will die a very rich guy and never truly understand what else there is in life. Look, I completely agree with his financial advise but if Dave has a blind spot this is certainly it.
I always feel guilty about working as much as I do but I’d also feel guilty with the alternative if I don’t. Unfortunately that’s the world we live in today. It’s expensive to live comfortably. Everybody is not fortunate enough to work “banker hours” and have enough money to enjoy life to the fullest. My only regret would be if my children resented me when they get older. I pray they understand daddy had to do what daddy had to do for them to be able to live/have a better life. I hope they understand the sacrifices I’m currently making.
Comfortable is subjective though. Most people can live on far less and still be happy but have deluded themselves into thinking what comfortable is. I’d take less money over time missed from my loves ones.
I'm sure your kids see your sacrifices and hard work. There is value in them seeing their dad work and then come home and share some time with them. :) I feel sorry for the kids who don't have a dad like you to look up to, actually.
@@roseschulze1647 Most kids can't comprehend that on their own. They just wonder where their parent is and why they're being ignored. There's a difference between a season and an extended war.
@Lucy B I appreciate your perspective. I just think of my own dad, who worked hard outside the home to support our large family, and yet how it seemed like he was "there" more than my mom who worked inside the home -- snuggling with him when we were little, and conversations on a variety of topics as we grew older. 💙 The kids I feel sorry for are the ones without fathers in their lives, or the ones who have fathers who choose not to support them -- both financially and emotionally.
To me the whole point of being frugal is to be home more with the kiddos. I could work more hours and have a nicer house, nicer cars, more stuff, fancier vacations, all of it. If you can pay your bills and save enough for retirement, it’s ok to cut back. There is no prize at the end of life because you worked extra. You will be just as dead as everyone else. Some people really value luxuries and would rather have that than more family time. Some people would skip the luxuries to have more family time. Either choice is okay but you get to pick which one. I kinda disagree with Dave here. Why is mediocracy the end of the world? Life doesn’t have to be flashy to be wonderful.
The kids’ college isn’t going to pay for itself. You can’t decrease your income when your expenses increase. And the idea that it has to be either money or family time is a lie. I know several people that made lots of money that were still there for all of their kids’ events. Myself included.
@@localjess838 it’s only overrated if you major in something useless. The good paying jobs require a degree. I worked in management consulting and made really good money. It’s very difficult to get a job in management consulting without a degree. Working and school part time sets back their career and is more stressful for them. It’s better to just pay for everything, let them have fun and enjoy themselves, and graduate earlier and they can then give you grandchildren earlier. My wife and kids and I did not work in school and we all graduated with honors. We all noticed the same thing: our classmates who worked frequently did not turn in assignments because they worked late and stayed up all night doing assignments from other classes and they fell asleep in class and their grades suffered as a result of that. A lot of them are still working and I retired in my 50s. Both spouses in their families had to work, my wife didn’t. Some of their kids have to go through the same thing they did and had limited option to what college they could go to, and my kids got to go wherever they wanted to and go to focus on school and have fun.
@@amireallythatgrumpy6508 Speak for yourself I never get board. I just treat work like I'm playing a game. Everything in life is play. I could find endless things to do if I wasn't going to work everyday.
I am so glad im taking work slow to view things the right way. I have had a great work life balance. I work then live balance. Jons ramblings is absurd. My gf loves how i limit my work to see them and her family. Everyone respects my boundaries. If my boss told me to work more i leave yesterday. Its so toxic, damaging to your mental health, your family. Money is not the problem . Its family time. Call me whatever. I will not work more. Ill go and find more money for 8 hrs.
if it helps my uncle worked every single day for most of his life and all of mine and yet he was more involved in my life then family members who had the weekends off or more flexibility. I understood we couldn't spend all the time in the world together but our relationship never suffered because he always asked how I was doing and paid attention to what I was saying. of course things you can't always do is going to make them happy, but if you have a parent who always picks you up from school or even work, trust me suddenly it's not always comforting. you need to go through those periods of not seeing someone all the time to know what you mean to each other. I know it's so backwards but life is built on if you want this you have to give up what would make you have it in order to have it for a lifetime instead of just today
Ask two very successful people about work life balance and you may not get the best answer. For me personally yes it does exist. Finding the right career with the right company helps. 32 hour work week and I feel very balanced
I work 60 plus hours as well! So I kno you get some time off to be with family! We just gotta make it count! I’m just now leaving the movies with my family! Goin out later with my girl and a kids bday party tmw and Sunday night! Starts my week again at work
@@clintbissonnette3433 Okay but no insurance makes up for the time you didn't get to spend with them, right? My point is about something more than money.
Don't agree. If your career is more important to you than spending time with your kids - teaching them and watching them grow up, etc. - you probably shouldn't have kids.
@@blackworldtraveler3711 there's a huge difference between having debt and being in debt though. Most celebrities probably have debt but aren't in debt overall.
True its a season...i did not get. I missed out on great opportunity. Lost my job. Lost the respect of my family went into depression and suicidal....i regret every inch of the decesion of leaving on time...
Typical boomer mentality. We millennials have different priorities. Yes you have to work but to minimalize the desire to spend time with family and assuming that working from home isn't productive is ridiculous.
Probably why the majority of millenials complain about not being able to afford a house or not making a "living wage". They want to get paid for 40hrs but not willing to work the 40hrs.
100% love the answer to this question! Starting my own real estate business and wanting to do the best I can for my children’s children, is super motivating so it makes scheduling the most important aspect. There is balance in the chaos 🙏🏻 Thank you Dave and Dr. John for your continued support and guidance for all of us!
I spend more time with my family because i dont have payments and no longer chasing promotions and raises. House about to be paid off this year..... Manage your money right and you can dictate your schedule folks.
No thanks. Work/life balance means having time to enjoy your personal life. Life isn’t just about working. why make so much money when you can’t even spend it in your free time? Makes no sense. Boomer mentality.
Dave is such a boomer (and has an extremely American centric view on work). Bragging about returning to his job 12 hours after the birth of his job is not good; it’s just sad. Europe and the rest of the civilized world is laughing at us…
I’m not sure what a birth of a job is, but regardless, someone has to provide for the family. It’s reality. Too many people today live in a fantasy world where they think they can decrease their income when their expenses go up and their family will somehow magically be taken care of. Kids’ college isn’t going to pay for itself.
@@johnmartin4641 haha I misspelled. Meant to say returning to a job after a birth. I get your point. We have to do what we have to do in the current environment we are in. But it’s still sad and an indictment of our culture. The fact is Europe and these other societies have poor people too. They just tax a bit more to provide civilization to the inhabitants. We have to not live in a fantasy land you are right; but it is also ahistorical and just plain wrong to assume that somehow it’s impossible to provide what basically every other first and second world country has (and some third world countries for that matter).
I have to disagree. Work, life balance is very possible, of course you have a problem with that when you think work from home is part-time. Which if you look at the research actually yields better results and wait for it, better work life balance.
When you are on your death bed, and I am a Registered Nurse in Trauma- I’ve seen MANY. You won’t be wishing you’d made more money, or that you’d been more devoted to your company by sacrificing time with your Loved Ones.
I normally love the advice on this show but this is so wrong it really bothered. The cocky kid there is suggesting there is no "balance" and caller should just work hard to provide opportunities later on in life, is how I heard it and in my experience the exact opposite is true. Too many people decide to sacrifice their family time for work for a distant future but the problem is that future time never comes. There are always more bills. There is always more work. And by the time you realize it the kids are grown up and you have missed their childhood, and often time the kids will resent you for it. Never sacrifice time for money. Money you can always get back, time is gone forever. This is a no brainer. Spend as much time with your kids as possible WHILE THEY ARE STILL YOUNG! "kids don't need more toys, they need more TIME"
The thing with being in IT consulting is your wired into your phone and laptop 24 hrs that can get you stressed...you need to keep sometime everyday for your time on calendar ...block your calendar for family time EVERYDAY that way you will feel less stressed out...
You know what's bananas? This whole video. There's being a provider and there's being mentally checked out because you're so overworked. Your family SUFFERS when your brain is too fried to attend to their needs. If you want to be married to your job then get a divorce so you don't string your spouse and children along. They deserve more. Set appropriate boundaries at work and act your wage Absolutely ridiculous.
Also in America. You need to know what field to work in. My husband is an engineer and that’s a great field to earn a very good living while having lots of free time as well
My work life balance is that i work from 8-430 and i dont thibk about work 1 second after 430pm. Also, if something is going in at home, I'll always worry about that first.
So because money and success is more important to Dave than spending quality time with his kids when they were little, it is wrong for another father to prioritize their family. I took a job making less money, we are financially stable, and it barely impacted our financial world. You know what I do, I pick my son up every day from school, I drop him off every day at school, I tuck him in every night. You can have a career, and be successful, and wanting to be with your kids does not make you mediocre in your career
If you want something In life, you have to sacrifice something. If you want Money you probably have to sacrifice life style, If you want a life style you probably have to sacrifice money :(
Dave this is also the first time I do not agree with you as well. You didn’t take 12 weeks off when your kids were born? I took 16 weeks off and SO thankful I had that opportunity to bond with my baby. I’m sure men would love that opportunity as well. People are burning out and you wonder why people are going through mental dilemmas. I hope you change your mindset. Especially to those of us who work hard 40+ hours a week
There are seasons to it for most careers. Feast or famine. So take advantage of the "slow times" so that when you have to burn the midnight oil, you will not burn yourself out.
Men should wait to marry and have children if they are the 'go-getter' types.Not being in your child's life as you build your 'empires' is a tragedy and will harm your children. Stop lying to yourselves and children.
Never ask a workaholic for advice about work life balance. Dave Ramsey’s wealth exceeded his needs a long time ago, yet he probably continues to work long hours. If you follow Dave’s advice on getting debt free, you shouldn’t need to work as hard once completed. If you find comfort with having more free time and have the ability to make it work , go for it. If your wealth exceeds your needs and it’s not making you happy, what are you working for?
You made $135k AFTER paying your debt and salary. Anyone should be able to survive on much less. Lead a simple life and control your expenses. Live within your means. The reason you should go into business for yourself is to HAVE a work life balance. These guys will have you making hundreds of thousands of dollars, driving a 30year old car and eating beans and rice saving so you can keel over from a heart attack at 50 and enjoy nothing.
I think this needs again the context of his business versus working for someone. Working harder for your own business typically means more money for you and better opportunities. But don't kill yourself for an employer that doesn't care about you. Use your PTO and sick days. If they don't respect that then work for yourself or find another job.
This might be a western work culture idea. People are working for more, more. In Sweden, I see people generally do things outside of work and different levels of hierarchy get paid similar. I think people seem more relaxed and happy. Because what is to work for? All the houses and cars look the same. Schools and uni is free. Just spend time with community. stop competing with people around you.
This is kind of an American idea always trying to have more weather its more money, more stuff or more status its always trying for more. Not all of us are like this but we are far and few between.
Quality of time over quantity of time. “Balance” can be 80% on work and 20% on family. Make sure that 20% counts though. A man needs to focus on his purpose and in building his kingdom for the benefit of himself and his family.
When do you sleep ? The math doesn’t add up because 80% is 19.5 hrs a day and 20% is 4.5 hrs . Do yourself a favor and look up how many people retire comfortably with out struggling to make ends meet. American works have been lied too. If you can’t make ends meet working 40-50 hrs a week there is something wrong, meaning you are living beyond your means so make more money in less time not more money for more of your time.
Work life balance is possible. Very possible. It depends on your occupation and company culture. It depends on what you want as a person. Gone are the days where Dad could work 40-60 hours a week, come home to a home cooked meal while mom took care of the kids, house, and dinner. Gone are the days of Homer Simpson where you could afford all the middle class luxuries on one income. This is why most Millennials are waiting later to have kids or not having kids at all. Put both individuals student debts together with the thought of a mortgage and you're indebted for a common figure of 500K currently. My figure is factoring if both have 50k to 100k of student loan debt and they have a mortgage ranging from 200k to 400K. If both are lucky to earn six figure jobs and pull the Dave method they could maybe be debt free in 3-7 years. Most have given up on having a nuclear family to take care of themselves. You can't take care of others if you can't take care of yourself.
@@donaldlyons17 most people lack common sense. Most people don't think or search for themselves. They go by what mom, dad, friends, sibling, professor tells them. I told many people I know who bought during the low interest rates of 2021 weren't very smart. Now they're more into the house than it's worth.
That's your choice. If you like work do that if you like more money work more. Just do what you enjoy everyone has their choices to make. If someone only wants money so they can eat and just do the minimum that's up to them.
@@chrishart8548 not than simple! After a certain point many can’t just work more to make more money they have to switch career paths and that is very complicated to achieve.
@@donaldlyons17 I was actually more making the point of doing less hours if you can live a more frugal life. If you need more money you really just have to do whatever it takes. It's easier to spend less than make more in my experience.
This is the first time I’ve watched and not agreed. I work from home now and earn more than I did working 60 hour weeks doing two jobs! I prioritised my family and it’s the best thing I ever did. It can work.
That sounds great. What do you do now?
My husband did the same by forgoing his small business and finishing up his engineering degree. Less stress, lot of benefits and free time while actually making a lot more money 🤷🏻♀️ I wouldn’t have wanted a husband that couldn’t be an involved parent personally. Fathers are important too!
Speaking for my I.T. role, I’m now happier and more productive since I started working from home/office hybrid. I’m yet to see any evidence that supports the idea that companies make more money simply because everyone shows up at the same location to work at a computer every day.
Everyone do not have the luxury of working from home especially if you run your own business. So you're anomaly it's not the norm
Having a life balance is the most important thing to have and the united slaves of America needs to learn that concept quickly
This was my email, and I was disappointed that the Ramsey team altered my question. I want to respond since I felt that a lot of the context was removed from my inquiry and to raise awareness that this feeling could be shared by other listeners sending emails. The question had nothing to do about work-life balance. Instead, in my email, I express how I felt stuck in a business/career that "chips" away at my soul because I feel unfulfilled despite making good money with my IT business. When I am "free," I need to put extra effort into being there mentally for my family even though I work hard for them and have set us up in a good position with no debt. I want to explore other business opportunities, but I have difficulty overcoming the fear of change that could put my family at risk. In the email, I mention picking my son up from school as a catalyst for feeling guilty that I have been checked out mentally due to my career. So the dilemma I am in is that I know I am doing what is right for my family and ensuring their happiness. Still, at the same time, I crave a change in my life to feel fulfilled professionally and restore my mental presence for my family.
BB, I had a similar conversation with a friend this weekend. My question to you is, what type of work or hobby would you say replenishes your soul? For me, it's working creatively. Thankfully, a door opened for me to have a career in the arts; and I feel so blessed for that. I know the feeling of working a job that "chips" away at the soul - been there done that and it's a tough position to be in. I wonder what your path is to a new business that pays you at least what you make now and gives you a greater sense of happiness and fulfillment and gives you the time and space to be present with your family and enjoy their company. That is my prayer for you. Thanks for sharing!
The second you created that life to take care of you forfeited your freedom for responsibility in my opinion! Your where I am at, to move to the next level you have to figure out how to hire people or sale the business and create a new one now! Find investors to help you grow will also help you!
In all fairness, I interpreted the email the same as they did
I think anyone that has a business has a bit of extra stress. It’s a decision you have to make for yourself. Being in IT means that you could make good money at a different company as well. Without the stress of it all being on you. The field your in I think you have lots of opportunities
My husband used to be a small business owner. He went back to school to finish up his degree in engineering and work at a company. 40 hrs a week, much less stress and lots of free time and benefits with a decent pay. For us that is worth it with a family. My husband doesn’t come home stressed at all and quite enjoys his work. I’m of the believe we don’t live to work but work to live.
Best of luck reflecting what is best for you and your family. Also do this together with your family. What would they want?
In US society we tend to find comfort in thinking that we know answers to life's difficult questions, make up some goals and work towards them. At some point we forget about the self before the goals were decided. And some hyper-focus on the task and goals. There is such a thing as "work-life-balance," and it only exist in the individual mind.
Remember, no one and I mean no one will remember how great a worker you were. How good a job you did on that large project. Your kids will always remember that you weren't there.
Exactly. My mom worked so much as a sacrifice to help provide for the family when we were kids, but I can only count a handful of times where we spent quality time with her. Fast forward to 30, 40 years later. I'm working at the time and I can't squeeze in any time to spend with family because I'm working all the time. It's like "Cat's In The Cradle" song.
I do have two aerospace patents in the books so my name will always be there.
As long as they are remembering to deposit my monthly pension,pay my retiree medical,and I keep my free global lifetime flight benefits and ID90 ZED I'm can't complain.
That's why having kids is a mistake. You should be working so hard you don't have time to make any.
Well said
I don’t remember if my dad was at my sporting events. I do remember that I was separated from my wife when we were in college because he didn’t make enough money to send me to her college like her dad did for her and how depressed I was as a result of that.
Be very wary of any company that lays a guilt trip on you for taking time off, especially when family emergency's arise. Run Forrest, Run
I work in oilfield manufacturing. It’s always like this. It ebbs and flows. You attend some you miss some.
The Army.
You mean what Dave just did?
I started working from home and took a paycut to be more with my kids and it was the best decision I’ve made. $ is not everything.
Idk about taking a pay cut and sometimes we have to sacrifice time with family to provide for our family
I think it depends on your income level. As long as you still have the money to pay the bills and save toward retirement and your kid’s college tuition, then it’s all good.
College isn’t going to pay for itself. I’ve seen too many people do this and then act blindsided when they get the bill for their kids’ college.
@@johnmartin4641
Just tell them early they won't be paying for their college.
Some people serve God, others serve Mammon.
Honestly this is really sad. Work-life balance IS achievable. Establish boundaries. Create a plan. Make it happen.
Work hard now relax later
move to Europe
What need to happen is to cut the hours being worked have mandatory paid vacations for all workers and a living wage
There are seasons....
Dave said balance can happen, about the 40 50 and then 30 hours
Work/life balance is super important to me. I give my company a solid 40 hours per week, get fairly compensated for it, and get to spend a ton of time with wife and young children. I could make more $$ if I put in more hours but what I make suffices... and I know this time with my children is precious and something that I will never get back.
It's time to cut full time down to 24 hours with all workers getting mandatory paid vacations and a living wage
@@Nick84525 if that’s the most persuasive you can be then maybe it’s not that great of an idea
There is work-life balance. It almost always means putting limits on the work side. David and John both have/had stay at home wives so I feel like they have the luxury of working ridiculous hours. Dave is from another generation. Women work now more often than not and men need to participate more in the running of the household/childcare.
Even if you are a stay at home mom, you still want your husband to be present for you and your children. I sure do and so does my husband. There are fields out there that make a good income while also having lots of free time.
Women often work more today because two incomes are needed to maintain the lifestyles people want to live and sometimes just to live at all. Dave is very wealthy and except for a couple of years where he was rebuilding after losing it all he has been wealthy and in that situation most women would not work even in this new generation. How can I say that? Because I work in a professional environment where the women make more than enough money to support a family on their own. Even so almost every one of them over the years who has been fortunate enough to marry a man who could support them staying at home and a family has quit work and done exactly that. The only ones who still work are those who know their husbands jobs are unreliable or who know they'd be divorced if both were home more often or if there were a penny less in the budget for toys.
@@alqoshgirl Can you name some fields?
@@alqoshgirl like what?
@@alqoshgirl yes
My son was born when my husband were over 40 we decided that I would work from home part time until our son could go to preschool. I had comments from co-workers that I was "lucky" to be able to do that. I always said luck had nothing to do with it. Being out of debt, living below our means, both partners being gainfully employed - these all factors that made it possible for us to adjust when we had a late in life surprise. We also compromised on the type of work we did so that we could both be actively involved in our son's activities. No regrets here.
You were both 40?
Work life ballance is about being able to go to an event outside of work with your family and or friends a couple times a week without being exhausted so you don't get burned out.
On weekends and it’s ok to be exhausted
@@reese85 But being exhausted lowers the quality alot most the time and if you are getting too exhausted to do anything outside of work you are not recharging and you are better off doing less.
@@Naturenerd1000 it doesn’t lower the quality at all and some ppl don’t need to fully recharge! They just go and make the best of it
@@reese85 but some people do need to recharge.
@@chrishart8548 than squeeze in 10-15 min naps here and there when you get the chance
Never ever ever put a company you don't own ahead of your family, never.
Your employer is NOT family.
Never have a family. Providing for your family is what causes stress, if you're just providing for yourself life is less stressful.
Your employer may not be family, but they do pay you to provide for your family. By doing everything you can for your employer, you are putting your family first.
@@johnmartin4641 real stuff
@@amireallythatgrumpy6508 I normally don’t agree with but your absolutely right! Having a family is very stressful
It’s your family if it’s the military.
I respect Dave’s financial expertise but find it bothersome how little he listens to the people that come to him for counsel. The foundational concept to all of his feedback is that people are stupid and/or lazy. While that is the case for a lot of people in this world, obviously the callers are interested and willing to better themselves and do the work to make wise decisions. The line at 2:25, “I don’t want to work much so I can play with my kid” is a horribly condescending interpretation of the caller’s dilemma. He clearly is working hard to provide for his kid but feels guilty for his absence. Not cool, Dave. 🤦🏻♀️
He can’t relate to them
@@heslind He tells it like it is. That's exactly what the guy said.
@@jimroscovius Anybody with a brain can understand there’s a lot more nuance to the situation.
@@darakristi Anyone with half a brain knows that you see your kids when they aren't in school and you aren't working. That's what we did and our kids grew up to be successful adults. We took a vacation in the summer, took some weekend trips, etc. They loved those.
Money is money he chose to run a business of course he will be working more hours. If you want more money, you’re gonna have to put in the hard work and the effort to pay off for the lifestyle you are living. If you want to work 20 to 30 hours a week that you need to lower your lifestyle standards and not even get kids in the first place. I work 40 hrs a week as a mama, no kids or girlfriend, low rent my lifestyle is good
Work is simply a means to an end. Rarely an end itself. If my work doesn’t serve to benefit my home life and it actually ends up hurting my home life, then it’s time to make changes. No job or employer is entitled to my labor, especially if they don’t meet my expectations. That simple
Bottom line: you do what you have to do to provide for your family. Work / life balance is where you place your priorities. Do you take that promotion, even though it entails considerable travel which will take you away from your young children, or do you turn it down so that you can be at home with them every night. Maybe that promotion means being able to move to a nicer neighborhood with better schools. Priorities, decisions, adulting is tough....
I hear ya!
I worked like that for quite awhile and provided well enough for my family, and as I did my wife cheated on me many times when I was working, It wasn’t my choice to always do this ….
@@bwarner3567 that’s insane! Any advice from a single person? Is marriage worth it ?
Your child will remember when you ignored them and didn't have time for them. If you stroke out on the floor at your job they're going to say "that was so sad we miss them" and repost your position. Choose your hard.
Working from home does not mean working part time 🤦🏼♂️🤦🏼♂️🤦🏼♂️ maybe hire people you trust, Ramsey. Just because you might be lazy working at home, doesn’t mean everyone is.
Trustworthy people do not live in America...
Exactly. I have a lot of respect for Dave and his teachings, but it's really a shame how cynical and close-minded he is when it comes to the topic of remote work.
absolutely! remote work is proven to result in higher productivity due to less distractions, and it's people who get ahead due to making friends suffer. It's suddenly very clear to see how much each team member contributes in terms of actual work output and these folks, in addition to bosses with control issues, feel threatened by it.
There are studies about it and everyone I know who works from home admit they work less and are more on their phones for sure.
@@TioJan01 "everyone i know".. well that sounds like a reliable sample size.
Since when does working from home mean working part time?
That’s how micromanaging old farts who can’t adapt to 2022 think.
@@sssrcr85 I'm honestly really sad on what the Ramsey show has become. It's slowly becoming more about policies than finance.
When they brought out the new personalities I thought it would be a breath of fresh air but all Dave did was hire parrots.
It doesn't.
He think WFH is not real work.
@@lepoj Everyone that works for him, are yes men, and yes women.
My parents worked for money and sacrificed my childhood.
Problem with that is, once they made millions, they had no real connection to their children.
Today we don’t do Christmas as a family and the siblings can not get along. The parents spend their relaxing time with friends and their grandkids are not important to their life.
I don’t get this need make millions though. Just a comfortable life is enough for us.
Sorry about that sir
Don’t ask rich people about work/ life balance. My dad made 200-300k a year as a consultant when I was growing up. He flew away on Monday and came back on Friday (most weeks, sometimes he worked weekends too). No amount of toys, bikes, nice clothes, nice houses, or anything else made up for me not having a dad. I’m almost 30 and I’m still messed up and bitter over my childhood. There are plenty of jobs out there that pay more than enough for your family to be comfortable but will allow you to be in their lives.
It sounds like he could realistically hire an additional hand to help take over some of his responsibilities and also take on work that could improve their sales/production/efficiency. We don’t know what he pays himself in the equation or what roles he fills, but it appears there is margin for an additional hand to smooth out the operation and give him some additional time to spend with his family.
I agree, hire someone to take some of the load off of himself.
Yup but than we won't make six figures.
Yes, your son may not be as thrilled to see you if you are there for him a lot more often. But children should be able to take the parental presence for granted. You should not be mostly a stranger to him. He needs your guidance while he is learning to be an adult, and you shortchange that to your later regret. I have been present for a lot of terminal illnesses and deaths, and it is true that people have regrets that they emphasized the wrong things in life.
I completely disagree with the team on this one. Yes, you can achieve a work-life balance, especially if you are not a small business owner. Clock out when the day is over. Don't bring your work home. Make do with less. Will you be first in line for promotions? Maybe not. But you won't regret carving out time for the family.
That’s not realistic. Kids’ college isn’t going to pay for itself. You need the promotions.
@John Martin, parents have the first responsibility for the education of their children. If you neglect to be there for your kids to teach them in their youngest years, when it is most important, no amount of college will make up for it.
@@johnmartin4641 Maybe you shouldn't pay for kids college. Maybe they should go to community college, work part time, save money, and graduate at a lower cost school. No big deal.
Well this show is about being succesful and thriving financially so it makes sense their advice would put you first in line for that promotion
Towards the end when he said "expect mediocrity". In the U.S.? Mediocrity gets you a house, kids, cars, and vacations. Sounds good enough for me.
As a child of parents who owned businesses and worked 70 hours weeks my whole life, I would like to say although it did afford us a nice house and nice cars, I would have preferred having my parents around more in my life growing up, I feel like our relationship was never close because they were like strangers since I hardly saw them. They are now retired and have free time but I travel for work so I don't see them that often now. Ask what's more important, time with your kids or having nice material things. I did go to college on a full scholarship so I really did not need the money for college either.
food & shelter are more important. be glad that you didnt have learn that lesson the hard way, thanks to your parents decication & hard work. Congratulations!
My husband & I own a business. The business consumed our lives until we finally decided we would go to work & when we closed the doors- we went home & never mention the business until the next morning. It took us awhile & we had to catch ourselves at the beginning but now it’s just a switch that we have learned to switch off & on. There’s more to life than running your business.
this is so true. My dad was gone working like 5am-9pm for two years in my early childhood.. I only ever saw him on weekends. That said, putting in the work paid off for him/us
I changed my schedule so I can make time for my kids. I work 40 hours, 1a-9a. I see the older children off to school and I spend time with them after school; I walk my 4y/o to preschool a bit later and get to spend time with the baby. My wife has the same schedule as my kids school schedule. I sleep 5 1/2 hours 7p-12:30a. It's definitely doable.
You can't expect people with an obvious and blatant bias toward mgmt and against workers to give a decent answer to this question.
Life is never easy unless you live significantly below what you make. I have made from 7.25/hr to 40/hr. Everywhere between there was no work life balance. When i didnt make squat i worked 60hrs minimum and was always exhausted due to so many hours working. Now year i may make 40/hr but i still work 7-10 hr days. It takes me an hour and a half of driving each day. So essentially i work 50hrs(including driving) to pay for my house, car and living cost. And i by all means do not live a lavish lifestyle but i also know i need to save for home repairs, new cars when they die, retirement funding. Im just saying you have to sacrifice while you are young so you can realistically retire.
True
So sacrifice the time when you can do things like travel and enjoy life so you retire old and unable to do the things you want
All about choices.
Dave’s advice on many things is imperfect but better than no advice.
His advice here simply couldn’t be more wrong.
Incorrect.
@Elliott Covert You could not be MORE correct in your response. :)
thank you. His line "and then they find out they have to work"... No, the writer realized they DIDN'T need to work as much as they have been.
Work life balance DOES exist. It is a spectrum. There is good WLB and bad WLB. It is simply a comparison of time spent working against time not spent working.
This man is really asking “Is it worth it to find something else that will allow me to prioritize spending more time with my family?” This guy isn’t asking “is it ok to stop working hard?” He’s not looking for an easy way out of his responsibilities, he is reassessing what matters in his life.
I find that Dave often paints this picture that “if you don’t work hard, you are a lazy.” But it’s not always about working hard, sometimes it’s about working “SMART”. For example, finding ways to make a good income but still having more free time. If this caller was given a multimillion offer for his company, or a lucrative job in consulting that pays twice as much but has him working 20 hours less a week, would he be lazy for taking those opportunities???
I implore all of you listeners to understand that life is way more nuanced than the advice in this video explains. Do what works best for you!
It’s up to us to set boundaries. Frequently we put a lot pressure on ourselves due to strong work ethic. If company truly cares for you and your well being they will be clear about this topic and what their expectations are.
For those of us that are Christians, we have to remember that one day God will take into account all that we have done during our time on earth...and I'm pretty sure that climbing the corporate ladder isn't on the top of the list...instead we should remember to love and serve Him and others around us.
Yes. Set down boundaries. Be okay with not being rich. Live simply.
God first. Family second. Job third.
Thats correct
Money is not everything You can always make money but you can’t never get time back with your family Life is short enjoy it!!! You Never know when it’s your time to go enjoy!!!!!!!!
Life is way too short to be overworked at 40 to 80 plus hours a week
You have to understand Dave is a classic baby boomer who knows nothing but work. The guy is worth millions yet he still works. This is sad to say but Dave will die a very rich guy and never truly understand what else there is in life. Look, I completely agree with his financial advise but if Dave has a blind spot this is certainly it.
I always feel guilty about working as much as I do but I’d also feel guilty with the alternative if I don’t. Unfortunately that’s the world we live in today. It’s expensive to live comfortably. Everybody is not fortunate enough to work “banker hours” and have enough money to enjoy life to the fullest. My only regret would be if my children resented me when they get older. I pray they understand daddy had to do what daddy had to do for them to be able to live/have a better life. I hope they understand the sacrifices I’m currently making.
Comfortable is subjective though. Most people can live on far less and still be happy but have deluded themselves into thinking what comfortable is. I’d take less money over time missed from my loves ones.
@@alqoshgirl it’s obvious so of us want more for ourselves and kids and that’s perfectly ok
I'm sure your kids see your sacrifices and hard work. There is value in them seeing their dad work and then come home and share some time with them. :) I feel sorry for the kids who don't have a dad like you to look up to, actually.
@@roseschulze1647 Most kids can't comprehend that on their own. They just wonder where their parent is and why they're being ignored. There's a difference between a season and an extended war.
@Lucy B I appreciate your perspective. I just think of my own dad, who worked hard outside the home to support our large family, and yet how it seemed like he was "there" more than my mom who worked inside the home -- snuggling with him when we were little, and conversations on a variety of topics as we grew older. 💙 The kids I feel sorry for are the ones without fathers in their lives, or the ones who have fathers who choose not to support them -- both financially and emotionally.
Don't work extra to pay for stuff you don't need. Work life balance is possible for those who don't desire an extreme lifestyle.
To me the whole point of being frugal is to be home more with the kiddos. I could work more hours and have a nicer house, nicer cars, more stuff, fancier vacations, all of it. If you can pay your bills and save enough for retirement, it’s ok to cut back. There is no prize at the end of life because you worked extra. You will be just as dead as everyone else. Some people really value luxuries and would rather have that than more family time. Some people would skip the luxuries to have more family time. Either choice is okay but you get to pick which one. I kinda disagree with Dave here. Why is mediocracy the end of the world? Life doesn’t have to be flashy to be wonderful.
Exactly, balance is the key
Daves life is flashy so he thinks everyon else's should be.
The kids’ college isn’t going to pay for itself. You can’t decrease your income when your expenses increase. And the idea that it has to be either money or family time is a lie. I know several people that made lots of money that were still there for all of their kids’ events. Myself included.
@@johnmartin4641 College is pretty much overrated at this point.
They can work and go school part-time and not take loans.
@@localjess838 it’s only overrated if you major in something useless. The good paying jobs require a degree. I worked in management consulting and made really good money. It’s very difficult to get a job in management consulting without a degree. Working and school part time sets back their career and is more stressful for them. It’s better to just pay for everything, let them have fun and enjoy themselves, and graduate earlier and they can then give you grandchildren earlier. My wife and kids and I did not work in school and we all graduated with honors. We all noticed the same thing: our classmates who worked frequently did not turn in assignments because they worked late and stayed up all night doing assignments from other classes and they fell asleep in class and their grades suffered as a result of that. A lot of them are still working and I retired in my 50s. Both spouses in their families had to work, my wife didn’t. Some of their kids have to go through the same thing they did and had limited option to what college they could go to, and my kids got to go wherever they wanted to and go to focus on school and have fun.
Once I retired, the work-life balance ratio improved!
I feel like the Ramsey definition of work life balance is completely different than what the rest of us are thinking...
You work to live, you don't live to work Dave!
Incorrect. We live to work. Time spent not working is actually quite boring.
@@amireallythatgrumpy6508 Speak for yourself I never get board. I just treat work like I'm playing a game. Everything in life is play. I could find endless things to do if I wasn't going to work everyday.
@@chrishart8548 I really feels sorry for you, it sounds like you have quite an empty life.
@@amireallythatgrumpy6508 it's not empty at all you totally got the wrong idea
@@chrishart8548 It clearly is.
I am so glad im taking work slow to view things the right way. I have had a great work life balance. I work then live balance. Jons ramblings is absurd. My gf loves how i limit my work to see them and her family. Everyone respects my boundaries. If my boss told me to work more i leave yesterday. Its so toxic, damaging to your mental health, your family. Money is not the problem . Its family time. Call me whatever. I will not work more. Ill go and find more money for 8 hrs.
if it helps my uncle worked every single day for most of his life and all of mine and yet he was more involved in my life then family members who had the weekends off or more flexibility. I understood we couldn't spend all the time in the world together but our relationship never suffered because he always asked how I was doing and paid attention to what I was saying. of course things you can't always do is going to make them happy, but if you have a parent who always picks you up from school or even work, trust me suddenly it's not always comforting. you need to go through those periods of not seeing someone all the time to know what you mean to each other. I know it's so backwards but life is built on if you want this you have to give up what would make you have it in order to have it for a lifetime instead of just today
Ask two very successful people about work life balance and you may not get the best answer. For me personally yes it does exist. Finding the right career with the right company helps. 32 hour work week and I feel very balanced
At 35 i work alot of 60+ hr wks and struggle to balance my work / life so that i dont have to worry about money later in life
Well hopefully it pays off and you don't die early. You never actually know what tomorrow is going to bring.
@@r.rodriguez4991 this is true but that is why i have life insurance to insure that my family is provided for. I make plans for life, life happens
@@clintbissonnette3433 I mean you can work all those hours and still have insurance setup
I work 60 plus hours as well! So I kno you get some time off to be with family! We just gotta make it count! I’m just now leaving the movies with my family! Goin out later with my girl and a kids bday party tmw and Sunday night! Starts my week again at work
@@clintbissonnette3433 Okay but no insurance makes up for the time you didn't get to spend with them, right? My point is about something more than money.
So silly to frame it as blaming the son. No, some people don't base their entire meaning around a paycheck. The paycheck is a means to an end.
Don't agree. If your career is more important to you than spending time with your kids - teaching them and watching them grow up, etc. - you probably shouldn't have kids.
I went all in with my career in software consulting but I mismanaged my career and ended up burning out.
There is always another human that will take your place.
@@kvmairforce I was telling my guidance counselor and the same I will always have jobs where I can be replaced!!!
They seem to value money over relationships which is sad for a Christian based company.
Money is everything.
You either allow it (or lack of it) to control you or use it as a tool.
@@blackworldtraveler3711 kanye said years ago having money's not everything not having it is.
@@brendondowdy5651
I learned recently that Kanye is one of a few current celebrities who actually have a paid off home and little to no debt.
@@blackworldtraveler3711 there's a huge difference between having debt and being in debt though. Most celebrities probably have debt but aren't in debt overall.
@@brendondowdy5651
A celebrity owning a paid off home is saying a lot compared to the rest.
True its a season...i did not get. I missed out on great opportunity. Lost my job. Lost the respect of my family went into depression and suicidal....i regret every inch of the decesion of leaving on time...
... they're seasons...that got me. I needed that. Thank you
Typical boomer mentality. We millennials have different priorities. Yes you have to work but to minimalize the desire to spend time with family and assuming that working from home isn't productive is ridiculous.
Probably why the majority of millenials complain about not being able to afford a house or not making a "living wage". They want to get paid for 40hrs but not willing to work the 40hrs.
Dave, buddy, just because somebody doesn’t work as many hours as you think they should, doesn’t mean they’re “MeDiOcRe”
But the fact that they're American does.
100% love the answer to this question! Starting my own real estate business and wanting to do the best I can for my children’s children, is super motivating so it makes scheduling the most important aspect. There is balance in the chaos 🙏🏻
Thank you Dave and Dr. John for your continued support and guidance for all of us!
I spend more time with my family because i dont have payments and no longer chasing promotions and raises. House about to be paid off this year.....
Manage your money right and you can dictate your schedule folks.
Love when Papa tells his back in the day stories. He's warming up for some family table Thanksgiving talks. 😃
You can create your own future. If a 'work life balance' is what you genuinely want to create, you can create it.
Absolutely. I would say generating multiple streams of income, up to, and including remote work, that can reduce working hours in an office.
No thanks. Work/life balance means having time to enjoy your personal life. Life isn’t just about working. why make so much money when you can’t even spend it in your free time? Makes no sense. Boomer mentality.
I'll take the boomer mentality over the world renownd poverty mentality.
Only working feels like being imprisoned. Sure you're off the streets, regular meals, place to sleep, but you're not free.
Its working to get to a goal, thats a decent mentality. Work for the sake of working is silly.
Agreed Jesse.
Yea hating boomers for having a house retirement and the so called privileged life cry me a river millennial !!!!
Dave is such a boomer (and has an extremely American centric view on work). Bragging about returning to his job 12 hours after the birth of his job is not good; it’s just sad. Europe and the rest of the civilized world is laughing at us…
The birth of his job? What are you babbling about?
@@amireallythatgrumpy6508 yeah he gotta explain that one
I’m not sure what a birth of a job is, but regardless, someone has to provide for the family. It’s reality. Too many people today live in a fantasy world where they think they can decrease their income when their expenses go up and their family will somehow magically be taken care of. Kids’ college isn’t going to pay for itself.
@@johnmartin4641 haha I misspelled. Meant to say returning to a job after a birth. I get your point. We have to do what we have to do in the current environment we are in. But it’s still sad and an indictment of our culture. The fact is Europe and these other societies have poor people too. They just tax a bit more to provide civilization to the inhabitants. We have to not live in a fantasy land you are right; but it is also ahistorical and just plain wrong to assume that somehow it’s impossible to provide what basically every other first and second world country has (and some third world countries for that matter).
Yeah I’m sure Dave is sad with all the success and money he’s made. This comment basically tells me that you will always live in mediocrity
Dave is a savage 🤣🤣, “You’re dogs happy seeing you every night”
I have to disagree. Work, life balance is very possible, of course you have a problem with that when you think work from home is part-time. Which if you look at the research actually yields better results and wait for it, better work life balance.
When you are on your death bed, and I am a Registered Nurse in Trauma- I’ve seen MANY. You won’t be wishing you’d made more money, or that you’d been more devoted to your company by sacrificing time with your Loved Ones.
I normally love the advice on this show but this is so wrong it really bothered. The cocky kid there is suggesting there is no "balance" and caller should just work hard to provide opportunities later on in life, is how I heard it and in my experience the exact opposite is true. Too many people decide to sacrifice their family time for work for a distant future but the problem is that future time never comes. There are always more bills. There is always more work. And by the time you realize it the kids are grown up and you have missed their childhood, and often time the kids will resent you for it. Never sacrifice time for money. Money you can always get back, time is gone forever. This is a no brainer. Spend as much time with your kids as possible WHILE THEY ARE STILL YOUNG! "kids don't need more toys, they need more TIME"
The thing with being in IT consulting is your wired into your phone and laptop 24 hrs that can get you stressed...you need to keep sometime everyday for your time on calendar ...block your calendar for family time EVERYDAY that way you will feel less stressed out...
Started doing blow so I don’t have to worry about a work life balance I have extra time now
Very personal question… priorities and balance are different for each one… wrong decisions can cost a lot
How can anyone apply for a job at Ramsey Solutions having seen this video?
You know what's bananas? This whole video. There's being a provider and there's being mentally checked out because you're so overworked. Your family SUFFERS when your brain is too fried to attend to their needs. If you want to be married to your job then get a divorce so you don't string your spouse and children along. They deserve more. Set appropriate boundaries at work and act your wage Absolutely ridiculous.
Great topic..🎉 I needed this
I respectfully disagree with you Mr. Ramsey.
Ramsey is so far off the mark. Family first, your job will never love you back.
I think only in some European countries, true work-life balance can be seen.
...only due to the imbalance you don't see...nothing is free...
Live in Belgium and I agree.
Also in America. You need to know what field to work in. My husband is an engineer and that’s a great field to earn a very good living while having lots of free time as well
I take 1 week off. I can take 2. Moving foward i will be taking 2 weeks.
Nobody's saying they don't want to work much, they just don't want to wrap their entire lives around their job.
Big reason I learned this year is there’s a price and cost for everything so choose what you’re willing to pay the price for.
My work life balance is that i work from 8-430 and i dont thibk about work 1 second after 430pm. Also, if something is going in at home, I'll always worry about that first.
Normalising working 60 hour a week is horrible. Really not fair on anyone
It’s really not as bad as it sounds
So because money and success is more important to Dave than spending quality time with his kids when they were little, it is wrong for another father to prioritize their family. I took a job making less money, we are financially stable, and it barely impacted our financial world. You know what I do, I pick my son up every day from school, I drop him off every day at school, I tuck him in every night. You can have a career, and be successful, and wanting to be with your kids does not make you mediocre in your career
Well a lot of companies are paying weeks for husbands to stay home after their kid is born. Dave...
If you want something In life, you have to sacrifice something. If you want Money you probably have to sacrifice life style, If you want a life style you probably have to sacrifice money :(
I do think Dr delony was right on the money with this lady wanted to change career paths! And she's right to do so.
When I'm off the clock. I'm not answering any work emails or calls.
Dave this is also the first time I do not agree with you as well. You didn’t take 12 weeks off when your kids were born? I took 16 weeks off and SO thankful I had that opportunity to bond with my baby. I’m sure men would love that opportunity as well. People are burning out and you wonder why people are going through mental dilemmas. I hope you change your mindset. Especially to those of us who work hard 40+ hours a week
There are seasons to it for most careers. Feast or famine. So take advantage of the "slow times" so that when you have to burn the midnight oil, you will not burn yourself out.
As an small business owner the answer is No!
Men should wait to marry and have children if they are the 'go-getter' types.Not being in your child's life as you build your 'empires' is a tragedy and will harm your children.
Stop lying to yourselves and children.
Cat's in the Cradle. We make our choices, and live with the outcomes. Which outcome you want is up to you.
The answer is so simple. “Live like no one else…so one day you can live like no one else!”
Mic drop, for Jeff!
To what end?
* and give
This man gets it. Be weird!
This is how people get shocked when their kid comes out as trans at 13.
😂
It is 100% achievable!
Never take work life balance advice from a company that rejects unions.
Never ask a workaholic for advice about work life balance. Dave Ramsey’s wealth exceeded his needs a long time ago, yet he probably continues to work long hours. If you follow Dave’s advice on getting debt free, you shouldn’t need to work as hard once completed. If you find comfort with having more free time and have the ability to make it work , go for it. If your wealth exceeds your needs and it’s not making you happy, what are you working for?
No we will advise him the correct one. God hates Mamon worshiping you can disquise it in anything.
Judging by his attendance on his show he only works two days a week.
@@brianmcg321 the advise though, that one we need to counter
Um no, he no longer works long hours...
You made $135k AFTER paying your debt and salary. Anyone should be able to survive on much less. Lead a simple life and control your expenses. Live within your means. The reason you should go into business for yourself is to HAVE a work life balance. These guys will have you making hundreds of thousands of dollars, driving a 30year old car and eating beans and rice saving so you can keel over from a heart attack at 50 and enjoy nothing.
I think this needs again the context of his business versus working for someone. Working harder for your own business typically means more money for you and better opportunities. But don't kill yourself for an employer that doesn't care about you. Use your PTO and sick days. If they don't respect that then work for yourself or find another job.
Me, working 80 hours a week:
No
This might be a western work culture idea. People are working for more, more. In Sweden, I see people generally do things outside of work and different levels of hierarchy get paid similar. I think people seem more relaxed and happy. Because what is to work for? All the houses and cars look the same. Schools and uni is free. Just spend time with community. stop competing with people around you.
This is kind of an American idea always trying to have more weather its more money, more stuff or more status its always trying for more. Not all of us are like this but we are far and few between.
Quality of time over quantity of time.
“Balance” can be 80% on work and 20% on family. Make sure that 20% counts though.
A man needs to focus on his purpose and in building his kingdom for the benefit of himself and his family.
When do you sleep ? The math doesn’t add up because 80% is 19.5 hrs a day and 20% is 4.5 hrs . Do yourself a favor and look up how many people retire comfortably with out struggling to make ends meet. American works have been lied too. If you can’t make ends meet working 40-50 hrs a week there is something wrong, meaning you are living beyond your means so make more money in less time not more money for more of your time.
Great video !!
The Takeaway: starting from where you are, make a few changes & see what works
Work life balance is possible. Very possible. It depends on your occupation and company culture. It depends on what you want as a person. Gone are the days where Dad could work 40-60 hours a week, come home to a home cooked meal while mom took care of the kids, house, and dinner. Gone are the days of Homer Simpson where you could afford all the middle class luxuries on one income. This is why most Millennials are waiting later to have kids or not having kids at all. Put both individuals student debts together with the thought of a mortgage and you're indebted for a common figure of 500K currently. My figure is factoring if both have 50k to 100k of student loan debt and they have a mortgage ranging from 200k to 400K. If both are lucky to earn six figure jobs and pull the Dave method they could maybe be debt free in 3-7 years. Most have given up on having a nuclear family to take care of themselves. You can't take care of others if you can't take care of yourself.
All this should be obvious but people somehow don’t seem to think about the numbers involved. IDK why math still matters.
@@donaldlyons17 most people lack common sense. Most people don't think or search for themselves. They go by what mom, dad, friends, sibling, professor tells them. I told many people I know who bought during the low interest rates of 2021 weren't very smart. Now they're more into the house than it's worth.
@@Joseph-ub5wh housing is hard because people need a place to live
I don't have a family luckily but what I'll do is work a ton.. grind grind grind, take a vaca.. repeat.
That's your choice. If you like work do that if you like more money work more. Just do what you enjoy everyone has their choices to make. If someone only wants money so they can eat and just do the minimum that's up to them.
@@chrishart8548 thanks
@@chrishart8548 not than simple! After a certain point many can’t just work more to make more money they have to switch career paths and that is very complicated to achieve.
@@donaldlyons17 I was actually more making the point of doing less hours if you can live a more frugal life. If you need more money you really just have to do whatever it takes. It's easier to spend less than make more in my experience.
@@chrishart8548 completely right my experience has been similar