As long as the odds are in your favor, you’re confident in your idea, and you can take the potential hit without losing sleep, then you shouldn’t be afraid to modify your risk parameters once in a while
A flexible trader is able to recognize the signs when it’s time to change biases. Someone like Bianca Harley Doran with lots of market experience always emphasis on this topic.
Bianca Harley Doran understands this fact very well. Being flexible could be as simple as correctly assessing the environment that you’re in and using that knowledge to pick the right approach to your trades.
It’s such a blessing that my wife and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what she lacks, she’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!!
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.|
Not eating pesticides and herbicides food is not being s food snob. I've seen the rise in cancer sky rocketed su since these chemicals entered the food chain. When I was a child very few people in my country had cancer and those that did were old. Now young people in their 20s getting cancer. There were no process foods back then. Snacks grew on trees we would pick our foods off trees in our back yards now they are in plastic bags. Not good
This is by far my most favorite debt free scream EVER!!!!! I love that momma’s determination and her son grabbing her hand absolutely got me right in the heart. How absolutely beautiful!!!!
My parents always talk about in the late 70s when their interest rate went from 6% to 24% pretty much overnight. That makes me grateful for my 5.5% rate every day. 🙃
@@myoldvhstapes I had just commented when he went on to explain it. Unfortunately, just beans and rice can lead to other problems in the digestive tract - LOL!
The first debt free laby and her kids teared me up a bit. Shes even so generous she doesnt slam her ex for sabotaging her by buying a new car, he was holding her back on purpose. God bless her family ❤
I like it when 'regular folk' clear off those nagging debts - with a modest 5 digit shovel ;) - waay more than the 6 digit . . . . ya know what I mean . . . .
Yeah. It makes me feel emotional for them. I think it's a spiritual freedom to bring debt free & I get choked up. Happy for them. I can't wait to be debt free too
@@davidb2206we are big followers of Dave. My wife wants to do the debt free scream we have been that impacted by Dave R. But I admit I’m not so sure how the whole thing fits in with worship. I get that he bases his principles on the Bible and money and religion aren’t mutually exclusive but it seems to alienate Jewish, Muslim, and atheists I guess. But that’s the nature of nicheing …he doesn’t have to help everyone. His mission statement can focus on Christians. But I’m not sure this “sorting” of society is sustainable. Anyway the types of churches I’ve seen FPU at are non denominational which is code for Baptist. They seem to take marketing to the community very seriously to sustain the business. The churches are pretty much mini community centers. Hopefully Dave’s licensing fee nets them at least a 3:1 return. You need I guess 25 students to break even.
@@davidb2206 usurious huh? Are you sure it’s not spurious that it’s usurious? 🤓 Seriously I know nothing about the business of churching. Like if you have 1000 parishioners how many would sign up for a program. My wife of 1 year had craved an active spiritual life so I go to church couples group every other Sat night. We talk about titheing and even though I’m not the one consuming the air conditioning, the building insurance and rock music stage i tell her it’s not fair to use that stuff for free and she should think of it as an entertainment expense in the budget. Or as a spiritual health expense. If nothing else, Dave is entertaining. You get I think 10 classes for 10 dollars a piece. Now how that money is distributed I have been completely ignorant. So he’s getting 2500 on top of that? Not completely outrageous or usurious. To my point…is FPU ONLY available to churches? Could a secular community center pay the licensing fee? I mean it may be better to just pay a CFP, a nutritionist, a personal trainer, etc to give talks/programs??? I think in the past we’ve expected speakers to just speak for free ( I know because I did it) on a hope and prayer that people would use your services. It rarely worked that way…they went and used the best internet ad or billboard or sign or whatever. Tell u what…I’m not a financial peace university professor like Ramsey or Jade or Ken but I’ll do personal financial tutoring for your congregation for 250??? 🤓 No marketing machine behind me but I can be a ham. All the churchy people at our couples group put up with the secular guy at the end of the table…🤓
@@davidb2206 FUN FACT: we were helped by Dave so much that after we finished FPU the church approached us to donate…well I don’t really crave fellowship with my spirituality but I was more open to donating to the church than she was. I felt indebted that the program got her head on straight resulting in us getting married . So I said you spent money on all that college all those years and all those useless courses and this really helped you so we should pay the church for a 3 credit course. She clammed up because it came to 4500 dollars when we used state school tuition . She finally acquiesced and we have paid exactly 450 of it. Know why? Because she switched churches lol. Likes this other one better now and now doesn’t want to give to a church we aren’t going to. I said but we still owe the first one. Anyway just sharing the psychology of parishioners and budgeting for church. Fickle bunch. I don’t know how you do what you do. I’m sure she’ll switch churches again…it’s who she is and that’s fine. I knew when I married her. Anyway, a pleasure conversing with you.
It continues to amaze that someone can be bright enough to earn $200,000/year and yet fail to understand very basic personal finance. Imagine what they could accomplish with basic personal finance skills!
Just wanna say Im glad that I found this channel and show and wished Id found you sooner. All thanks to my financial advisor and Ramsey, Im about to pay off my mortgage in full in 2 months and love how you all compliment each other and seem to have such a strong close knit community in the Ramsey family and beyond. Very envious and wish you all continued success, keep spreading this message as I think its really beneficial to all who hear it.
There are a lot of independent advisors you might look into. But I only work with BECKY LOU GORDON and we have been working together for nearly for years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known, shouldn't be a hassle finding her page.
Thank you for your show, Dave and Jade. I paid off my house in April this year. One more rental to go and then debt free! Love the freedom. Keep it going. I buy 5 or 6 books at a time (Total Money Makeover) and give them away each month to people in need. Love to pay it forward. Enjoy your day!
Christinas son is so sweet. You can tell how in tune he is with his mothers emotions, He will be a great husband one day. Thats how Im hoping my sons turn out! What an amazing story!
Beans & rice is low cost and it feeds a lot of people. Funny thing is I just saw a beans & rice recipe online in honor of the Ramsey teachings. The person had went through FPU and created a recipe that there family still enjoys🙂
When i was looking for a financial advisor i had 2 companies in mind that my company had worked with and i also went on the Ramsey website and got 5 financial advisors that got back to me in literally minutes and it was like 10pm. I currently work with Whittaker-Myers specifically Jake Buckwalter and i love it. Jake has also gotten a shout out on one of the shows last year and im here to say hes a good dude and a great advisor.
I recently finished reading Counting the cost, and I was worried about Derick and Jill, thinking that he had hundreds of thousands of dollars in student loan debt because of his father-in-law's shenanigans. I'm so glad to hear that they are debt free, home owners, and will be able to put their boys through college debt-free. Go Dillards!
I would like to make one suggestion to those couples who still want a break to eat out but still stay on budget. MANY churches have very low-cost meals one night a week and you don't have to belong to the church to eat (although you usually do have to reserve in advance.) For instance, my church has a $6 meal every Wednesday night (reservations in advance) that is not reserved to church members. This comes with coffee, tea, and dessert as well as the main meal. Kids under 12 eat free. I can't cook a full meal like that at home for $6 with meat, two sides, rolls, drinks, and dessert for $12 for the two of us. Yes, there is a Bible study afterwards for those who want to stay - but no obligation! I always feel like if I get a break from cooking (and dishes!) in the middle of the week, I can make it through the rest of the week 🙂Just something to look for in your area.
@@davidb2206 Well, I'll bet if you check (and are interested) you would find much less expensive options, although I don't know the cost of living where you live. Within 3 miles of my house there are four churches that have Wednesday night dinners for $6 each (including my own.) Might not work for you - but it might work for others reading this post.
For the gentleman whose wife has dementia, home health and home hospice are options. My mom is a retired teacher, and I've been taking care of her for the last 7 years. Her retired teacher medical insurance and medicare have been helpful in covering most expenses.
Such an amazing lady!! The kind of calls that will evaluate your mood and make you stick to your financial goals. Distinguishing between money management and wealth accumulation is crucial, and the absence of investment education within educational systems could be a factor contributing to individuals' difficulties in sustaining their financial growth.
Investors ought to be vigilant about their exposure and approach new investments with caution, especially in times of inflation. Seeking advice from a seasoned professional or a trusted advisor is a prudent step to navigate through this recession and strive for potentially lucrative returns.
Agreed, financial advisors play a key role in portfolio allocation and i've been using one since late 2019 just before covid outbreak. So far, I'm barely 25% short of $1m ballpark goal after subsequent investments.
I'd recommend BECKY LOU GORDON. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.
Christina is absolutely awesome! Way to go mom! You have overcome things that most people would have given up, BUT GOD! I pray for continued blessings for you and your family!
That's wild when he says beans and rice. I grew up ONLY eating beans and rice. For 17 years. My father refused to ever get any government help he work 94hrs a week for 25 years. Burger King was for our birthday we get to eat a whopper. 😂😂. But we always had clothing and working car and a home. Now as an adult I connect more with homeless people than my co workers 😂😂😂. Beans and rice is a thing God bless every one 😊
Oh SuperMom❤congratulations on your debt freedom journey 👏🏾what a memorable experience & insightful example for you to show your fast-growing babies! Stay strong. God bless you & your works abundantly😇
I like it when 'regular folk' clear off those nagging debts - with a modest 5 digit shovel ;) - waaaay more than the 6 digit . . . . ya know what I mean . . . .
Sir, well done to you. Listen to Dave. Please provide at home care for your wife when the need arise! Nursing homes are mostly nightmares, even the private pay nursing homes are terrible, because of hugh staffing shortages!
Disagree. See my comment below. For a wife in her 50s he will need multiple millions of $$ to provide home-based care and she won't even know where she is. By the time he has no assets left, the lookback period for anything to save for himself will be gone. Jade and Dave have not dealt enough with Seniors with dementia and Medicare and Medicaid because Dave probably has hundreds of millions of dollars and Jade is still young. I know about this very well first-hand b/c my father-in-law passed last year at age 101 and my mother is 95 and still in her own home. My FIL had in-home care and had no idea where he even was. He can always visit the nursing home on a daily basis and provide some extra help.
@@Trustbutverify2651 I respectfully agree with my comment above! Entering a nursing home for short term rehab is fine, to some extent! Nursing home for long term care, particularly for someone with dementia is not advised! If a family has no option but nursing home, they must be present, observant, and strong advocates for their loved ones! Our seniors, or middle aged population who worked so hard deserves more than life in a nursing home. The bedside workers heart is one of service, however the support is lacking! I tell you the truth, two decades from now if nothing is done nursing homes as is, will become obsolete!
Calling these institutions nursing home is fake news on steroids! Very little nursing, and most definitely not a home! Unless, it is a place where only the wealthy can afford!
Love the Duggars/Dillards calling in about the book deal, what a great book and you guys did great on Shiny Happy People! Congrats on finishing law school too 🎉
I do like rice and bean recipes though haha! I shopped my cupboards this past paycheck and only had to spend money for a half gallon of milk because I had enough for two weeks plus. I will have plenty still available that only require a couple things to last a couple of weeks. Saving that money where I can.
I’ve worked professionally over the years (retired now), have always done my own nails, and they always look great. I had my nails done one time. I also do all my own hair.
I've never understood the whole market around nails! It's so ridiculous. You're smart. I don't really paint my nails often but when I do, I take the time to do it myself.
@@lateshachurney5965right i hate when people say this it’s like where do you think people get money? People work. People do have jobs. They just don’t pay much
There’s also the problem of people that have jobs but don’t work. You know the ones that do the bare minimum to not get fired, always seem to get sick on Fridays (a big one with FMLA abusers), and have no desire to better their careers.
When everyone has "anxiety" or a "disability" - honestly its shocking how many people get cleared to get stimulus for that! More than half the time what they actually have is LAZY-ITIS. 😂
I’m an electrician and we are paid roughly 100k annually. The amount of ppl with tons of debt blows me away. These guys bring home 1200 a week and have all kinds of payments and they all complain about the same stuff. Money fights with wife and can’t make a payment this week. It’s ridiculous.
There's a show on Netflix with a finance professional helping big money people get on track financially. They are relatively "broke"but make 6-7 figures a year all because of bad financial behavior and the lack of financial knowledge. It's crazy.
12:52 You (Dave) should have a beans and rice cookbook! Great idea. Call it “The Ramsey Beans and Rice Cookbook,” but the contents of the cookbook would have simple, budget friendly recipes. I think the Ramsey staff should consider it and have Jade co-author it since she talks about grocery store/ list budgeting.
As someone who used to build fences the post side is irrelevant to who owns the fence it’s supposed to be built on the owners side of the property line, the owner has the option of face side( picket) or frame side(posts) in or out. For which they would rather see.
I have something to say about Dave's HOA comments. I was on my neighborhood's HOA, and it was not a paid position. It was completely voluntary. I put in at least 20 hours a month. When I started, many homeowners were YEARS in arrears for dues. The tennis court & pool need major repairs, the neighborhood just generally looked shabby. I, along with the other board members & our business manager (also volunteer), managed to clean up the neighborhood, get all past dues current, and make all needed repairs. I served for 4 years. I got called "Nazi", "Facist", "Racist" and other names I can't repeat. But, the benefits to the neighborhood are still self evident. I am no longer on the board, and will never serve again after that experience, but I'm proud of what we accomplished. It is a thankless job, but a very important one.
I wanted to put an orange lightbulb in my porch light for Thanksgiving and HOA said no. I was on vacation a few years ago and one of my tires went flat on my car. Came home to a nasty letter from HOA telling me to fix my car flat immediately or face a $50 a day fine. I didn’t even know it had a flat tire. Over the years HOA has hassled me because my hanging flower baskets were too big and that I had a dime sized hole in my bedroom screen. My HOA is full of Nazis. I can’t wait to leave.
Oh, my - the cars! And don't people understand that expensive cars end up with more expensive repairs and maintenance and higher personal property taxes. It's more than just the car.
Yes! A Honda and an Acura are basically the same cars. The Honda is less expensive upfront, as well as the repair/maintenance costs down the road. That's why I drive a Honda.
@bettedavis9261 i just got a used Honda, paid for in cash, and I was so nervous I made a bad decision 😅 so reading your comment made me feel a bit better. It had a really good car fax and some of my family and friends that know about cars told me a bit about it but yeah made me feel better lol
We sacrificed. Used our savings to pay cash for 5 acres with a well and temporary electrical power on site. I installed the septic and moved our payed off moter home to live on site while I built our home. Took me 6 years to get occupancy 7 to totally finish. No bank involved. Out of yearly pocket funds. Now we're mortgage free. Credit card dept free, car dept free. Haven't paid any interest in 5 years. We do a restaurant twice a month but all meals are made from scratch. Bare bones we can now servive on 30% of our retirement income. Our biggest expense is traveling in our motor home. Fun money. Stop buying stupid stuff!
57:25 in my state, the same nursing homes that are private pay can also be Medicaid nursing homes. In fact, a private pay resident can share a room with a Medicaid resident. They both receive the same care from the nursing staff. I guess it's either different in TN, or Dave doesn't know what he's talking about. The caller should definitely listen to his attorney and NOT Dave regarding this matter.
Basic math would have answered Jeff’s question. Dave is pushing him towards private pay communities that can cost $8-12k on the low end that don’t accept Medicaid. I’m not sure if Jeff’s income investments would afford that over the long term and sounds like his attorney already factored that in. Would not want my wife to have to move to a different community after the money ran out
@@Treehandler And keep in mind that Medicaid/Medicare will take ALL the assets that are not sheltered (totally legally) prior to the 5 year lookback period. They do not divide the assets 50/50 for a married couple. That means that living for decades with expensive care would mean everything would be used up by the wife, and nothing would be left for this husband. LISTEN TO THE ATTORNEY - JADE AND DAVE DO NOT HAVE LAW DEGREES, AND THIS CALLER MAY HAVE SOME ASSETS BUT THEY WILL DISAPPEAR IN A FLASH WITH DECADES OF LONG-TERM CARE!!! (She is only in her 50s.)
@@Treehandler yes, that could be extremely traumatic for the person to have to move facilities. Moving from one room to another in the same facility is hard enough, but to change facilities is worse.
@44 minutes - the man calling about his wife's students loans - she still has six semesters left b/c she is going to college part-time. He is likely unaware that at a certain point she will not be able to borrow any more money on loans. Student loans cannot be borrowed for any more than a total of 12 semesters, and a lot of students going part-time find out near the end of their degree that they have run out of their 12 semesters. WHY does she need a master's in business (which isn't even an MBA) to help her HUSBAND run his business? Then they have 8 children. Chaos! She needs to stop studying right now and go to work somewhere other than her husband's business to pay back her student loans! If her kids are teenagers, they can do the chores around the house and start dinner. If they don't make some changes quick, this family is in real trouble.
The guy with the wife who has dementia needs to keep consulting his attorney. The private care nursing homes will take someone with a certain amount of assets and then cannot kick you out if you stay so long that it runs down all your money. At that point, they will switch you over to Medicaid and keep you in their facility. Medicaid in my state will look back at how you've moved money around in the last 5 years. So there is a certain amount of financial "getting ready" that someone needs to do early/immediately so that the spouse is not left destitute if the person ends up having a very long nursing home stay. These memory care places can cost $10,000 per month. Even if you've saved a LOT, someone who lives longer, like a few years there, can drastically affect the spouse.
Yes absolutely. Dave is wrong here. Also, in Ohio 95% of nursing homes take MCD. It is the primary payor - many very good nursing homes included. Also, private duty home health care is WAY more expensive than a nursing home. He will go through his savings very quickly, especially given his wife is young and can live a few decades with dementia. Medicaid also covers for home health, you don’t have to be in a nursing facility if you have Medicaid. In short, the caller should definitely still consult with an attorney.
Remember the line in the famous Sir-Mix-a-Lot song "Baby Got Back"...."red beans and rice didn't miss her". Proof right there that babes ought to eat beans and rice 😊.
Me and my wife just started baby steps and should have all debt paid by the end of the year including my Real estate we're passive income. Then hammering down on the house for 5 years paid off 🙌
Tell me how to be stable living on 914.00 a month on disability. Not able to work. Single woman paying rent and utilities and left with maybe less than 75.00 a month or 0 even at end of month.
I always thought it was beans and rice, rice and beans. 😂. My Gramma always told me to save my money for a rainy day. I seriously thought that meant go shopping when it's raining outside 🙄 The beans and rice cookbook would be a hit. You can tie it into your finances. You know, you can trick them. 😉
Riley from Raleigh: While you're in limbo with deciding to sell, another option to at least get a good night's sleep is to check your local ordinances for noise nuisances. Raleigh is a sophisticated city so i'm sure like Greensboro, that if a dog is barking persistently in the middle of the night you can call the police. First time they'll get a warning, 2nd time a $200 fine, 3rd time $350. And it can be anonymous. Either they'll move or you at least have more evidence to pressure the HOA. It sounds like you're ready to move psychologically and just working out the fine points of finances anyway. I agree with Dave in my words, never put off making a decision trying to time the market or interest rate. You're smart and resourceful and a few points of interest won't damage your future and who knows what will happen in a year or two - it might be better! :)
I don’t believe that you should pay off all your debt before you do things that you enjoy. It’s unrealistic for most people to be COMPLETELY debt free before they are much much older or even then they may not be able to. It is better to save a percentage of your money to enjoy life while at the same time paying down your debt.
I have brittle nails also and I bought a kit to do my nails. Just buy a UV light and a whole set of gel polish for $25 and that WHOLE set is cheaper than 1 manicure. Idk if I’ll ever go back.
Its an extremely good idea to take things out of someones name when they have something like dementia which will ultimately impact their ability to make decisions. If you don't have access to said funds, which can take time to get hold of if you dont have the details, then it can be incredibly problematic.
Thanks becuz you could be helping me in another way…. Because I get a lot of negativity from a lot of people. I haven’t found anyone that believes in me and I get profits.
We took amazing care of our house when we rented. Left it in better condition than we found it. Our boys are & were respectful & when they wrote on the walls, they cleaned it & never did it again. When they put a hole in the wall, they fixed it at 5 & 8. But he was amazed when we moved out at how nice we left it. It’s not the kids, it’s the caliber of people
@@OopThereItIs77777 when I rented with kids they also drew once on the walls and put a hole in it that I had repaired. Dogs don’t do that, especially if they’re outside mostly. I kept a close watch on my children, but it was stressful. And many parents don’t keep so on top of their kids. Animals can ruin houses too, but I find in general, they are easier to keep on top of than young children. You can also get top dollar from people with dogs as they don’t have as many renting options. But you just have to be careful who you rent to, and keep on top of inspections, whether they have children, dogs or not.
As long as the odds are in your favor, you’re confident in your idea, and you can take the potential hit without losing sleep, then you shouldn’t be afraid to modify your risk parameters once in a while
Being adaptable with your risk management practices is also a must.
you should be in tune with the markets enough to know when your original ideas have been invalidated.
A flexible trader is able to recognize the signs when it’s time to change biases. Someone like Bianca Harley Doran with lots of market experience always emphasis on this topic.
Bianca Harley Doran understands this fact very well. Being flexible could be as simple as correctly assessing the environment that you’re in and using that knowledge to pick the right approach to your trades.
Of course, being a flexible trader doesn’t mean changing your strategies at the first sign of trouble.
It’s such a blessing that my wife and I aren’t just married, but we’re also each other’s best strategic partner in business. I’m great at what she lacks, she’s great at what I lack and we have an Adviser to work with. Praise God!! And thank you for the awesome content!!
Great job with your wife! I bet you’re living your best life right now
I’m a young mom, I’m really glad to hear your story it inspires me. can you share how you earn weekly
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner.|
I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including TH-cam channels, seminars, and more._.
The son grabbing his mom's hand while she talked about getting out of debt, just smashed me right in the feels. So sweet.
I noticed that! He loves his mom!!
Not eating pesticides and herbicides food is not being s food snob.
I've seen the rise in cancer sky rocketed su
since these chemicals entered the food chain.
When I was a child very few people in my country had cancer and those that did were old. Now young people in their 20s getting cancer. There were no process foods back then. Snacks grew on trees we would pick our foods off trees in our back yards now they are in plastic bags. Not good
I wonder how her ex- husband is doing with his debt? Hope her sons continues to follow in their mother footsteps in being debt free
He's so sweet and supportive of his mom, love that!!
This is by far my most favorite debt free scream EVER!!!!! I love that momma’s determination and her son grabbing her hand absolutely got me right in the heart. How absolutely beautiful!!!!
Loved Christina's debt free scream, great story and family. She is a rock star. That one got tears in my eyes.
My parents always talk about in the late 70s when their interest rate went from 6% to 24% pretty much overnight. That makes me grateful for my 5.5% rate every day. 🙃
"Beans and rice" means planning your food budget and shopping at inexpensive places or watching the sales.
No. It ACTUALLY means beans &rice..It works for saving $.
@@Joce123: Did you comment before watching/listening? Dave explained it.
@@myoldvhstapes I had just commented when he went on to explain it. Unfortunately, just beans and rice can lead to other problems in the digestive tract - LOL!
@@Trustbutverify2651 : Your comment was fine. I was asking Joce123 because he/she said it means ACTUAL beans and rice.
@@myoldvhstapes LOVE your screen name - brings back memories 🙂
25:41 I can’t lie, I’m crying over this woman and her kids. How freakin sweet
The first debt free laby and her kids teared me up a bit. Shes even so generous she doesnt slam her ex for sabotaging her by buying a new car, he was holding her back on purpose. God bless her family ❤
The first debt scream was so beautiful! It made me cry! God bless you Dave
Anyone watching from Singapore? Love Dave and his team! Glad I’m not living paycheck to paycheck and am so wanting to clear my debts asap!
That debt free scream def had my eyes watering omg 🥺🥺
I like it when 'regular folk' clear off those nagging debts - with a modest 5 digit shovel ;) - waay more than the 6 digit . . . . ya know what I mean . . . .
Yeah. It makes me feel emotional for them. I think it's a spiritual freedom to bring debt free & I get choked up. Happy for them. I can't wait to be debt free too
I love that they included a visual of the definition of metaphor. 😂 Congratulations to that mom and her kids -- you’re all so inspirational!
Dave Ramsey is an honorable man
😂 oh gesh
@@davidb2206we are big followers of Dave. My wife wants to do the debt free scream we have been that impacted by Dave R.
But I admit I’m not so sure how the whole thing fits in with worship. I get that he bases his principles on the Bible and money and religion aren’t mutually exclusive but it seems to alienate Jewish, Muslim, and atheists I guess.
But that’s the nature of nicheing …he doesn’t have to help everyone. His mission statement can focus on Christians.
But I’m not sure this “sorting” of society is sustainable.
Anyway the types of churches I’ve seen FPU at are non denominational which is code for Baptist. They seem to take marketing to the community very seriously to sustain the business. The churches are pretty much mini community centers. Hopefully Dave’s licensing fee nets them at least a 3:1 return. You need I guess 25 students to break even.
@@davidb2206 usurious huh? Are you sure it’s not spurious that it’s usurious? 🤓
Seriously I know nothing about the business of churching. Like if you have 1000 parishioners how many would sign up for a program. My wife of 1 year had craved an active spiritual life so I go to church couples group every other Sat night. We talk about titheing and even though I’m not the one consuming the air conditioning, the building insurance and rock music stage i tell her it’s not fair to use that stuff for free and she should think of it as an entertainment expense in the budget. Or as a spiritual health expense. If nothing else, Dave is entertaining.
You get I think 10 classes for 10 dollars a piece. Now how that money is distributed I have been completely ignorant. So he’s getting 2500 on top of that? Not completely outrageous or usurious.
To my point…is FPU ONLY available to churches? Could a secular community center pay the licensing fee?
I mean it may be better to just pay a CFP, a nutritionist, a personal trainer, etc to give talks/programs??? I think in the past we’ve expected speakers to just speak for free ( I know because I did it) on a hope and prayer that people would use your services. It rarely worked that way…they went and used the best internet ad or billboard or sign or whatever.
Tell u what…I’m not a financial peace university professor like Ramsey or Jade or Ken but I’ll do personal financial tutoring for your congregation for 250??? 🤓
No marketing machine behind me but I can be a ham. All the churchy people at our couples group put up with the secular guy at the end of the table…🤓
@@davidb2206
FUN FACT: we were helped by Dave so much that after we finished FPU the church approached us to donate…well I don’t really crave fellowship with my spirituality but I was more open to donating to the church than she was.
I felt indebted that the program got her head on straight resulting in us getting married . So I said you spent money on all that college all those years and all those useless courses and this really helped you so we should pay the church for a 3 credit course.
She clammed up because it came to 4500 dollars when we used state school tuition . She finally acquiesced and we have paid exactly 450 of it. Know why? Because she switched churches lol. Likes this other one better now and now doesn’t want to give to a church we aren’t going to.
I said but we still owe the first one.
Anyway just sharing the psychology of parishioners and budgeting for church. Fickle bunch. I don’t know how you do what you do. I’m sure she’ll switch churches again…it’s who she is and that’s fine. I knew when I married her.
Anyway, a pleasure conversing with you.
just horrible!
It continues to amaze that someone can be bright enough to earn $200,000/year and yet fail to understand very basic personal finance. Imagine what they could accomplish with basic personal finance skills!
Just wanna say Im glad that I found this channel and show and wished Id found you sooner. All thanks to my financial advisor and Ramsey, Im about to pay off my mortgage in full in 2 months and love how you all compliment each other and seem to have such a strong close knit community in the Ramsey family and beyond. Very envious and wish you all continued success, keep spreading this message as I think its really beneficial to all who hear it.
How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor?
There are a lot of independent advisors you might look into. But I only work with BECKY LOU GORDON and we have been working together for nearly for years. She has since provided entry and exit points on the securities I concentrate on. She's well-grounded and known, shouldn't be a hassle finding her page.
Thank you so much! Found her webpage and left a message. Hopefully, she responds.
I say that every time I watch this show.And these high income people are supervising other employees. So sad.
I’m so proud of and inspired by the 1st debt scream
Thank you for your show, Dave and Jade. I paid off my house in April this year. One more rental to go and then debt free! Love the freedom. Keep it going. I buy 5 or 6 books at a time (Total Money Makeover) and give them away each month to people in need. Love to pay it forward. Enjoy your day!
Great going!🎉 I did the same with my house and a rental this past May. What a great feeling it is. Keep going strong.
Christinas son is so sweet. You can tell how in tune he is with his mothers emotions, He will be a great husband one day. Thats how Im hoping my sons turn out! What an amazing story!
Beans & rice is low cost and it feeds a lot of people. Funny thing is I just saw a beans & rice recipe online in honor of the Ramsey teachings. The person had went through FPU and created a recipe that there family still enjoys🙂
This strong woman made me start bawling!!
When i was looking for a financial advisor i had 2 companies in mind that my company had worked with and i also went on the Ramsey website and got 5 financial advisors that got back to me in literally minutes and it was like 10pm. I currently work with Whittaker-Myers specifically Jake Buckwalter and i love it. Jake has also gotten a shout out on one of the shows last year and im here to say hes a good dude and a great advisor.
Good lord. The food pantry question? Cmon !! Can’t be serious.
Lol I was laughing so hard.
There are a lot of stingy self-righteous people.
I'm Puerto Rican so we eat a lot of rice and beans 😂, no matter what is your budget.
Arroz con avichuelas!!
Puerto Rico ❤️
Mexican here, same lol
Arroz con gandules! 🎉😇🎉
You got that right. 😁 I know that's just a metaphor. Only we enjoy it.😋
I recently finished reading Counting the cost, and I was worried about Derick and Jill, thinking that he had hundreds of thousands of dollars in student loan debt because of his father-in-law's shenanigans. I'm so glad to hear that they are debt free, home owners, and will be able to put their boys through college debt-free. Go Dillards!
I would like to make one suggestion to those couples who still want a break to eat out but still stay on budget. MANY churches have very low-cost meals one night a week and you don't have to belong to the church to eat (although you usually do have to reserve in advance.) For instance, my church has a $6 meal every Wednesday night (reservations in advance) that is not reserved to church members. This comes with coffee, tea, and dessert as well as the main meal. Kids under 12 eat free. I can't cook a full meal like that at home for $6 with meat, two sides, rolls, drinks, and dessert for $12 for the two of us. Yes, there is a Bible study afterwards for those who want to stay - but no obligation! I always feel like if I get a break from cooking (and dishes!) in the middle of the week, I can make it through the rest of the week 🙂Just something to look for in your area.
Love this idea and I need some social interaction. It gets lonely at times.
@@davidb2206 Well, I'll bet if you check (and are interested) you would find much less expensive options, although I don't know the cost of living where you live. Within 3 miles of my house there are four churches that have Wednesday night dinners for $6 each (including my own.) Might not work for you - but it might work for others reading this post.
For the gentleman whose wife has dementia, home health and home hospice are options. My mom is a retired teacher, and I've been taking care of her for the last 7 years. Her retired teacher medical insurance and medicare have been helpful in covering most expenses.
Such an amazing lady!! The kind of calls that will evaluate your mood and make you stick to your financial goals. Distinguishing between money management and wealth accumulation is crucial, and the absence of investment education within educational systems could be a factor contributing to individuals' difficulties in sustaining their financial growth.
Investors ought to be vigilant about their exposure and approach new investments with caution, especially in times of inflation. Seeking advice from a seasoned professional or a trusted advisor is a prudent step to navigate through this recession and strive for potentially lucrative returns.
Agreed, financial advisors play a key role in portfolio allocation and i've been using one since late 2019 just before covid outbreak. So far, I'm barely 25% short of $1m ballpark goal after subsequent investments.
I've actually been looking into advisors lately, who's the person guiding you?
I'd recommend BECKY LOU GORDON. She is a genius when it comes to diversifying her holdings. You can verify her identity for yourself by looking her up online. She is well knowledgeable about the financial markets.
excellent share, just confirmed her page online after inputting her full name on my browser, she seems valid. very much appreciate it.
Christina is absolutely awesome! Way to go mom! You have overcome things that most people would have given up, BUT GOD! I pray for continued blessings for you and your family!
Yay Christina!! My heart is so happy for you. I have a similar story with the divorce and job loss is 2020. It’s hard, you are doing fantastic!!
When Christina’s son noticed she was anxious so he grabbed her hand to help her calm down..❤️
my favorite moment from any debt free scream EVER
🥺🥺🥺 I know right!!!!
It’s sad that people don’t want to give anything nice to the needy. Come on! How would you feel if you were needy. Be generous!!! PLEASE!!!!!
That's wild when he says beans and rice. I grew up ONLY eating beans and rice. For 17 years. My father refused to ever get any government help he work 94hrs a week for 25 years. Burger King was for our birthday we get to eat a whopper. 😂😂. But we always had clothing and working car and a home. Now as an adult I connect more with homeless people than my co workers 😂😂😂. Beans and rice is a thing God bless every one 😊
I love Jade’s perspective and how sweet she is when she tells us how it is.
Oh SuperMom❤congratulations on your debt freedom journey 👏🏾what a memorable experience & insightful example for you to show your fast-growing babies! Stay strong. God bless you & your works abundantly😇
Awesome debt free scream😇 God bless that family on their future path to building wealth 😊 30:51
I like it when 'regular folk' clear off those nagging debts - with a modest 5 digit shovel ;) - waaaay more than the 6 digit . . . . ya know what I mean . . . .
Sir, well done to you. Listen to Dave. Please provide at home care for your wife when the need arise!
Nursing homes are mostly nightmares, even the private pay nursing homes are terrible, because of hugh staffing shortages!
Man, they were bad before the shortages. Now they’re horrible, horrible places.
@@modernsurvivalarkansas2287 true!
Disagree. See my comment below. For a wife in her 50s he will need multiple millions of $$ to provide home-based care and she won't even know where she is. By the time he has no assets left, the lookback period for anything to save for himself will be gone. Jade and Dave have not dealt enough with Seniors with dementia and Medicare and Medicaid because Dave probably has hundreds of millions of dollars and Jade is still young. I know about this very well first-hand b/c my father-in-law passed last year at age 101 and my mother is 95 and still in her own home. My FIL had in-home care and had no idea where he even was. He can always visit the nursing home on a daily basis and provide some extra help.
@@Trustbutverify2651 I respectfully agree with my comment above! Entering a nursing home for short term rehab is fine, to some extent! Nursing home for long term care, particularly for someone with dementia is not advised! If a family has no option but nursing home, they must be present, observant, and strong advocates for their loved ones! Our seniors, or middle aged population who worked so hard deserves more than life in a nursing home. The bedside workers heart is one of service, however the support is lacking! I tell you the truth, two decades from now if nothing is done nursing homes as is, will become obsolete!
Calling these institutions nursing home is fake news on steroids! Very little nursing, and most definitely not a home! Unless, it is a place where only the wealthy can afford!
This lady is amazing!! I teared up a little bit listening to her inspiring story. Way to go!!!
I teared up for her too.
same!!!!
Oh cool of the Dillard to call in I loved Jill’s book!
Great hearing from the Duggar Dillards.
I want to make a desk sign that says Mr. Metaphor for Dave. Cash is King. But Dave is “King of the Metaphors”. 😊
Love the Duggars/Dillards calling in about the book deal, what a great book and you guys did great on Shiny Happy People! Congrats on finishing law school too 🎉
I like her son’s trying to hold his mum’s hand. He knows his mum was nervous
Always enjoy watching Jade and Dave. I always walk away a better person financially after listening to them.💲
I do like rice and bean recipes though haha! I shopped my cupboards this past paycheck and only had to spend money for a half gallon of milk because I had enough for two weeks plus. I will have plenty still available that only require a couple things to last a couple of weeks. Saving that money where I can.
Watching these video motivates me so much! Thank ya'll so much
For those new to Dave Ramsey and not familiar with baby steps they're listed on: 1:34:03
This video is definitely motivating! - “Progress is the result of persistent effort.”
I’ve worked professionally over the years (retired now), have always done my own nails, and they always look great. I had my nails done one time. I also do all my own hair.
@candecarro You are a very smart woman. Why pay someone else to do what you actually CAN do yourself. Good on you.
I've never understood the whole market around nails! It's so ridiculous. You're smart. I don't really paint my nails often but when I do, I take the time to do it myself.
Damn it DAVE, got my crying in my cubicle! Sooo happy for that mom from the debt free scream!
I love that Dave tells people to WORK. People are too damn lazy, get a job😂😂😂.
Everyone I know works.
@@lateshachurney5965right i hate when people say this it’s like where do you think people get money? People work. People do have jobs. They just don’t pay much
There’s also the problem of people that have jobs but don’t work. You know the ones that do the bare minimum to not get fired, always seem to get sick on Fridays (a big one with FMLA abusers), and have no desire to better their careers.
When everyone has "anxiety" or a "disability" - honestly its shocking how many people get cleared to get stimulus for that! More than half the time what they actually have is LAZY-ITIS. 😂
@@AimeePoppinBabies this is definitely cap you do not get a “stimulus check” because you have anxiety
I was down when my kid was 3yo and I was about to get evicted. I found once cow tongue. Thank you for whoever donated that!
It’s pretty good huh? My GMA made that when we were kids.
I’m an electrician and we are paid roughly 100k annually. The amount of ppl with tons of debt blows me away. These guys bring home 1200 a week and have all kinds of payments and they all complain about the same stuff. Money fights with wife and can’t make a payment this week. It’s ridiculous.
There's a show on Netflix with a finance professional helping big money people get on track financially. They are relatively "broke"but make 6-7 figures a year all because of bad financial behavior and the lack of financial knowledge. It's crazy.
I learn so much from these shows. Dave is very knowledgeable.
Derek Dillard/Jill Duggar starting at 1:25:00 time
Thank you 😅
12:52 You (Dave) should have a beans and rice cookbook! Great idea. Call it “The Ramsey Beans and Rice Cookbook,” but the contents of the cookbook would have simple, budget friendly recipes.
I think the Ramsey staff should consider it and have Jade co-author it since she talks about grocery store/ list budgeting.
Derick Dillard, husband of Jill (Duggar) Dillard, is on at 1:25:41
As someone who used to build fences the post side is irrelevant to who owns the fence it’s supposed to be built on the owners side of the property line, the owner has the option of face side( picket) or frame side(posts) in or out. For which they would rather see.
This single mom has got me in tears
I'm debt free and still do my own nails.
Same here
Right? $100 a month for that is bonkers. No one cares.
Same. I paint my nails with clear polish most of the time 👍🏻
Same here! I just can't see paying over $100 a month if I can do it myself for approximately $5 a month.😅
I have something to say about Dave's HOA comments. I was on my neighborhood's HOA, and it was not a paid position. It was completely voluntary. I put in at least 20 hours a month. When I started, many homeowners were YEARS in arrears for dues. The tennis court & pool need major repairs, the neighborhood just generally looked shabby. I, along with the other board members & our business manager (also volunteer), managed to clean up the neighborhood, get all past dues current, and make all needed repairs. I served for 4 years. I got called "Nazi", "Facist", "Racist" and other names I can't repeat. But, the benefits to the neighborhood are still self evident. I am no longer on the board, and will never serve again after that experience, but I'm proud of what we accomplished. It is a thankless job, but a very important one.
I wanted to put an orange lightbulb in my porch light for Thanksgiving and HOA said no.
I was on vacation a few years ago and one of my tires went flat on my car. Came home to a nasty letter from HOA telling me to fix my car flat immediately or face a $50 a day fine. I didn’t even know it had a flat tire.
Over the years HOA has hassled me because my hanging flower baskets were too big and that I had a dime sized hole in my bedroom screen.
My HOA is full of Nazis.
I can’t wait to leave.
Eat beans and rice year round add guacamole cheese and sour
Cream
Thanks so much uncle Dave and jade!!love you guys ❤
This video was just what I needed to hear to overcome my fears and start trading. Thank you for the encouragement!
1:09:38 - I LOVE "breakfast for dinner" - sign me up for that "sacrifice" any day of the week! LOL
Oh, my - the cars! And don't people understand that expensive cars end up with more expensive repairs and maintenance and higher personal property taxes. It's more than just the car.
Yes! A Honda and an Acura are basically the same cars. The Honda is less expensive upfront, as well as the repair/maintenance costs down the road. That's why I drive a Honda.
@@bettedavis9261 I have 260,000+ on my Honda 2007 - still going strong!
@bettedavis9261 i just got a used Honda, paid for in cash, and I was so nervous I made a bad decision 😅 so reading your comment made me feel a bit better. It had a really good car fax and some of my family and friends that know about cars told me a bit about it but yeah made me feel better lol
We sacrificed. Used our savings to pay cash for 5 acres with a well and temporary electrical power on site. I installed the septic and moved our payed off moter home to live on site while I built our home. Took me 6 years to get occupancy 7 to totally finish.
No bank involved. Out of yearly pocket funds. Now we're mortgage free. Credit card dept free, car dept free. Haven't paid any interest in 5 years. We do a restaurant twice a month but all meals are made from scratch.
Bare bones we can now servive on 30% of our retirement income.
Our biggest expense is traveling in our motor home.
Fun money.
Stop buying stupid stuff!
57:25 in my state, the same nursing homes that are private pay can also be Medicaid nursing homes. In fact, a private pay resident can share a room with a Medicaid resident. They both receive the same care from the nursing staff. I guess it's either different in TN, or Dave doesn't know what he's talking about. The caller should definitely listen to his attorney and NOT Dave regarding this matter.
Basic math would have answered Jeff’s question. Dave is pushing him towards private pay communities that can cost $8-12k on the low end that don’t accept Medicaid. I’m not sure if Jeff’s income investments would afford that over the long term and sounds like his attorney already factored that in. Would not want my wife to have to move to a different community after the money ran out
@@Treehandler And keep in mind that Medicaid/Medicare will take ALL the assets that are not sheltered (totally legally) prior to the 5 year lookback period. They do not divide the assets 50/50 for a married couple. That means that living for decades with expensive care would mean everything would be used up by the wife, and nothing would be left for this husband. LISTEN TO THE ATTORNEY - JADE AND DAVE DO NOT HAVE LAW DEGREES, AND THIS CALLER MAY HAVE SOME ASSETS BUT THEY WILL DISAPPEAR IN A FLASH WITH DECADES OF LONG-TERM CARE!!! (She is only in her 50s.)
@@Treehandler yes, that could be extremely traumatic for the person to have to move facilities. Moving from one room to another in the same facility is hard enough, but to change facilities is worse.
@44 minutes - the man calling about his wife's students loans - she still has six semesters left b/c she is going to college part-time. He is likely unaware that at a certain point she will not be able to borrow any more money on loans. Student loans cannot be borrowed for any more than a total of 12 semesters, and a lot of students going part-time find out near the end of their degree that they have run out of their 12 semesters. WHY does she need a master's in business (which isn't even an MBA) to help her HUSBAND run his business? Then they have 8 children. Chaos! She needs to stop studying right now and go to work somewhere other than her husband's business to pay back her student loans! If her kids are teenagers, they can do the chores around the house and start dinner. If they don't make some changes quick, this family is in real trouble.
Ya this was so cringey that I had to skip ahead cuz I felt embarrassed for them 😮
And the fact that he, as the business owner, doesn't know the difference between gross revenue and net profit is scary!
I suddenly have a craving for red beans & rice lol!
The lady is amazing and her kids are very cool❤
Hey Dave!! 12:54 I'd totally buy your cookbook!! (I'm grocery shopping challenged😂)
11:03 lol! I’ve literally been eating beans and rice because of Dave Ramsey. Now it turns out it’s a metaphor!? 😂😂😂
Kristina is a HERO!!👏👏👏
Nails...change your diet and have better nails. Protein and good fat. My nails are crazy amazing. Also get press ons...they have nice ones for cheap.
The guy with the wife who has dementia needs to keep consulting his attorney. The private care nursing homes will take someone with a certain amount of assets and then cannot kick you out if you stay so long that it runs down all your money. At that point, they will switch you over to Medicaid and keep you in their facility. Medicaid in my state will look back at how you've moved money around in the last 5 years. So there is a certain amount of financial "getting ready" that someone needs to do early/immediately so that the spouse is not left destitute if the person ends up having a very long nursing home stay. These memory care places can cost $10,000 per month. Even if you've saved a LOT, someone who lives longer, like a few years there, can drastically affect the spouse.
Yes absolutely. Dave is wrong here. Also, in Ohio 95% of nursing homes take MCD. It is the primary payor - many very good nursing homes included. Also, private duty home health care is WAY more expensive than a nursing home. He will go through his savings very quickly, especially given his wife is young and can live a few decades with dementia.
Medicaid also covers for home health, you don’t have to be in a nursing facility if you have Medicaid.
In short, the caller should definitely still consult with an attorney.
Remember the line in the famous Sir-Mix-a-Lot song "Baby Got Back"...."red beans and rice didn't miss her". Proof right there that babes ought to eat beans and rice 😊.
Me and my wife just started baby steps and should have all debt paid by the end of the year including my Real estate we're passive income. Then hammering down on the house for 5 years paid off 🙌
My wife and I
@reneebrown8943 Thank you keyboard police for the correction.
Absolutely love your show. Love from the uk
I personally love my beans & rice with sour cream ☺
Tell me how to be stable living on 914.00 a month on disability. Not able to work. Single woman paying rent and utilities and left with maybe less than 75.00 a month or 0 even at end of month.
Yay great debt free testimony 🙌🏾
How to invest ethically, knowing that your money does not go e.g. to the weapon industry or causes damage to the environment?
Omg Christina in TN. God is good. Congratulations to you!
Proud of Christina! 🎉
30:23 that debt free scream made my eyes water
Ahhhhhh! It's a metaphor!
I didn't know that.... I literally thought he mentioned only rice and beans
I always thought it was beans and rice, rice and beans. 😂. My Gramma always told me to save my money for a rainy day. I seriously thought that meant go shopping when it's raining outside 🙄
The beans and rice cookbook would be a hit. You can tie it into your finances. You know, you can trick them. 😉
LOVE the rainy day comment!
I like the way Dave picked that girls story apart like a dad with his daughter very wise man.
Riley from Raleigh: While you're in limbo with deciding to sell, another option to at least get a good night's sleep is to check your local ordinances for noise nuisances. Raleigh is a sophisticated city so i'm sure like Greensboro, that if a dog is barking persistently in the middle of the night you can call the police. First time they'll get a warning, 2nd time a $200 fine, 3rd time $350. And it can be anonymous. Either they'll move or you at least have more evidence to pressure the HOA. It sounds like you're ready to move psychologically and just working out the fine points of finances anyway. I agree with Dave in my words, never put off making a decision trying to time the market or interest rate. You're smart and resourceful and a few points of interest won't damage your future and who knows what will happen in a year or two - it might be better! :)
I have used a SmartVestor Pro for years. Great experience.
I have watched the video and I will do the homework now to get my gift from my Boss
"Honey, do you know what profit is?" Dang I love this show 😅
Christina is such a sweetheart
If your nails are brittle, a manicure won't help. Proper nutrition/cleansing/supplements can help. Do some research. It could be a liver issue.
I don’t believe that you should pay off all your debt before you do things that you enjoy. It’s unrealistic for most people to be COMPLETELY debt free before they are much much older or even then they may not be able to. It is better to save a percentage of your money to enjoy life while at the same time paying down your debt.
I have brittle nails also and I bought a kit to do my nails. Just buy a UV light and a whole set of gel polish for $25 and that WHOLE set is cheaper than 1 manicure. Idk if I’ll ever go back.
Started doing my own dip nails. Will never pay for someone to do them ever again!
Its an extremely good idea to take things out of someones name when they have something like dementia which will ultimately impact their ability to make decisions. If you don't have access to said funds, which can take time to get hold of if you dont have the details, then it can be incredibly problematic.
Thanks becuz you could be helping me in another way…. Because I get a lot of negativity from a lot of people. I haven’t found anyone that believes in me and I get profits.
I’m a parent and pet owner. Have been a renter for a spell too. But as a landlord, I’d take a couple with dogs over a couple with young kids any day.
We took amazing care of our house when we rented. Left it in better condition than we found it. Our boys are & were respectful & when they wrote on the walls, they cleaned it & never did it again. When they put a hole in the wall, they fixed it at 5 & 8. But he was amazed when we moved out at how nice we left it. It’s not the kids, it’s the caliber of people
@@OopThereItIs77777 when I rented with kids they also drew once on the walls and put a hole in it that I had repaired. Dogs don’t do that, especially if they’re outside mostly. I kept a close watch on my children, but it was stressful. And many parents don’t keep so on top of their kids. Animals can ruin houses too, but I find in general, they are easier to keep on top of than young children. You can also get top dollar from people with dogs as they don’t have as many renting options. But you just have to be careful who you rent to, and keep on top of inspections, whether they have children, dogs or not.
Yay for Dreick Jill Dillard! Thriving outside of Jim bobs control