I've Got $37,000 In Savings, What Should I Do With It?
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I currently have around $250,000 in cash savings and I was advised to invest it in stocks. What long-term strategies should I use for investments to secure my financial future?
Its best if you buy growth/blue-chip/large caps stocks only. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio so you don't get burnt in this volatile market.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I consulted with a coach when I needed to invest my $120K savings, and my portfolio surged by nearly 85% in 6 months. Highly recommended.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I consulted with a coach when I needed to invest my $120K savings, and my portfolio surged by nearly 85% in 6 months.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I consulted with a coach when I needed to invest my $120K savings, and my p0rtfolio surged by nearly 85% in 6 months.
Could you share how I can reach out to them? I've recently sold my condo in Alabama and I'm interested in investing in stocks, I'm just seeking proper guidance.
It's recommended to save at least 15% of your income in a 401k. You can use online calculators to estimate how much you should save based on your age and income. Saving at least 15% of your income in a 401(k) can help ensure that you have enough money to retire comfortably. By saving this much, you can take advantage of compound interest and potentially grow your retirement savings over time.
I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. Recently my colleague advised me to hire an advisor, surprisingly I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
People don't really know this, You need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving.
I totally agree; I am 66 years old, recently retired, with approximately $1.2 million in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, I didn't do all this alone, but with the help of a financial advisor. Having one is currently the best way to trade in the stock market, especially for people nearing retirement.
this is incredible! how can I vet your advisor, mind sharing info, if you please?
Finding financial advisors like Sharon Lee Peoples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Title this “I thought I had $37,000 in savings because I didn’t calculate my debt” 🙃
Until I calculated my debt...
Lol
Lol if your not rich you are gonna get into debt. It’s about managing your debt and making sure you don’t live above your means. Her car will be paid in three years or if she purchase the car 5 years. So no she has 37,000 in savings. And will have more since she can still save
If you are working it is savings. I have tens of thousands of dollars banked in a CD (for now) and some crypto. I consider that money untouchable for living. My only dept is a car loan that I pay monthly from my job.
A lot of people would see $37,000 in their bank account and think they are rich and it's time to buy a new car or a kitchen remodel. Good for her for thinking twice.
Andrew Piazza $37,000 and thinking they’re rich 😂no wonder everyone is in debt.
She's still in trouble because her first thought wasn't responsible. She asked about a down payment for their house together. Then she goes into details. 15k of that being used for school. Oh and then she's going to have to get a car because she's in a lease, which is due soon, so she's going to have to have the money to buy that car. And then oh yeah the person she's going to marry has more student loan debt than he's going to be making per year. Yeah...glad she asked, because her head was already in the wrong place.
I have 30k in my savings and I feel so broke tbh. 😞😞
Ricky same , I have 25k and don’t feel like I have much.. I like to keep 20k minimum in my bank for emergencies, so I have the mentality that I only have $5,000
Orly Hdz that is exactly me right now. $20k is 0 for me and also have about $25k
i’ll never understand why people have such expensive weddings, unless you make well over 6 figures you shouldn’t be spending 40k or more on a wedding. Keep it nice and simple, invite only close friends and family.
Yep! I had all my family members mad with me when I married secretly, at 29 year-old, just to save thousands of dollars. Recommended.
All the money goes for entertaining the guests. It's only about $20 to get married at city hall.
@@JL-fo9rz 45$ for the license, the 30$ for the marriage vows
My wedding was 195$ total. Rings and everything!!!
That's what Cinderella and Cinderfella do because they must have the world see them do it big going down the isle
Dave said fleeced and she said yes it s a lease.
😂
I noticed that too, thanks for the validation.
Lol
Yep
😂😂
I would NEVER pay off someone else's debt!
Never say never
I would NEVER speak in extremes. That is not the Jedi way btw. Also we will see about that when the time comes.
Thank you! I paid off my graduate student loans of $50k and my car loan, don’t expect anyone not even your wife or husband to take are of your decisions. Some fools out there say that if you’re married, it’s combined but only to their benefit.
I would never say never, but let’s just say they better be worth it
Definitely agree. I paid off debt for my parents at one point but they were right back where they started after only a couple of years. 😔
Not doing that again, now I take care of myself first.
I’m betting that none of what Dave said happens
My friend had a 60k weeding they divorced in a year in half and they still have the weeding debt 🤦🏻♂️🤦🏻♂️🤦🏻♂️
im good with the court house
Yikes
Haha
Sounds like they got real high.
This is why you should never go into debt for an experience (like a wedding) or a depreciating asset (like a car)
Since we're approaching April, one of the best months to buy stocks. I am currently holding north of $120k in a savings account waiting to invest in another huge opportunity.. Where would you invest this as of now?
Look for stocks that have paid steady, increasing dividends for years (or decades), and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with strategies to hedge losses
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
Your CFP must be really good, I hope it's okay to inquire if you're still collaborating with the same CFP and how I can get in touch with them?
That would be Heather Ann Christensen. You should look her up. I say, to be honest I almost didn't think I should have, but I'm glad I decided to let someone handle growing my finances.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
I had 37K in savings, I put that in the share market and Lo and Behold! I have 23k in savings now!
Wow it’s like magic ✨
Its ok...i have 8k in stocks and its real rocky right now lol. You should only throw money into stocks if you can afford it. If you lose it, it shouldnt effect you....its play money basically. Thats why i didnt go big at all
@@Beanz8907 what's your thoughts on the Roth IRA investments? It's hard to watch my contributions go in and then disappear when the market drops. However, I keep telling myself it's only temporary namd that I still own the same number or increased number of shares with my contribution money, but they are undervalued. I cant wait for the market to go back up and continue growing. I just believe until the Covid-19 gets under control, the market is going to be down and panicky.
MasterT91 i do both 401k and roth ira and i can tell you the markets are overvalued if the fed quits with the QE we will see a huge drop, but the market always trends upward don’t look at your value for awhile imo, how often do you look at your house value and think “wow i made 10k on that investment this year” no one actually makes the profits until the asset is liquidated
@@GHC3 I put into ROTH as well. Only 7% of my income goes into that a month. Like i said before....only invest with money you arent afraid to lose. Be patient....ride the waves, and continue to save and budget effectively as years go on and whatever happens to the stocks will happen. It makes me more comfortable knowing that i save close to 1k a month in general. Thats not even whats left over after all bills are paid. My money rolls over to the next month and i just stockpile more into my emergency fund. Easy peasy son
Dave Ramsey is no bs , he is out here saving people’s life’s form debt 👌🏻
It’s these little videos that help! I love it ! Thank you Dave!
Try a big book sometimes.
Community college is the new Harvard.
Harvard is tainted. Steve Bannon went there. One bad apple spoils the whole bunch.
👍
@@dick69970 yeah, steve bannon. now there a real pos for ya
Fun fact: I went to community college with someone who ended up going to Harvard Law.
That’s an emergency fund and a down payment for me.
I endorse this response. $37k isn't that much money and she has upcoming expenses and contigencies.
Same!
I’m currently saving to $36k for my emergency fund and downpayment.
Not where I live lol
That's a used car and an emergency fund for me.
Hope he doesn’t expect her to pay all of his student debt. These two need to get a plan put together so they can be on the same page.
according to Dave, those loans become hers when they are married.... If he is wrong about this.....he could be wrong about everything else as well.
@@rayjgold Why is it a problem when it's the other way around? Double Standards?
Looks like she’s marrying into a financial crisis. He had debt he hasn’t touched on top of the him paying for the wedding. They don’t need a wedding. He needs use that towards his debt.
Looks like he has no intention of paying his debt but gets married instead !!
@@carojames6776 exactly white folks with grandparents are usually sitting on an inheritance.
Exactly or they go half on the wedding.
How about just go to court house? Then a dinner afterward. Cheap and less stress
@@back2the80swhile that is true a wedding is often one of the best days of people’s lives. It was for me and don’t regret throwing a nice party for it.
I listen to these conversations so I don't feel so bad about my own money situation.
I'm not doing half bad!😄
I'm not sure why 8 people in each comment thread have to say that same exact thing. So boring.
Anyone : I have $1.
Dave : MUTUAL FUNDS.
To the emergency fund!😆
Sorry but I wouldn’t pay for his student loans. He needs to take care of those himself. Just my opinion
Agree. Yeah he came in with it.
Agree. Yeah he came in with it.
As a married couple you should work together but accumulating debt is an easy way to destroy your marriage
You're either all in on the marriage (that means finances, debt, property, etc.) or don't get married. Your attitude will just create resentment. If you were that female caller I'd tell you not to marry the guy if you felt that way.
You're either all in on the marriage (that means finances, debt, property, etc.) or don't get married. Your attitude will just create resentment. If you were that female caller I'd tell you not to marry the guy if you felt that way.
1:13 The look of Ramsey's face ready to explode with a response 🤣
loll love when he says “you got fleeced”
This is a wonderful real life example for many young adults today! Great video to learn from, ty Dave!
I married my husband and I had over $30,000 in debt. I am paying my debt and budgeting to get rid of this mess I created. Currently I owe $15,000 in debt. By the summer of next year I will be debt free. I take responsibility for my debt and have never asked him to help pay for it. We got married at a court house and it was lovely. Weddings equal more debt.
Dave made her realise she has no savings.
You're going to end up paying 25k (12k over 3 years and 13k on buyout) on that stupid car. So you really only have 12k in the bank when you account for how much you've promised to pay on a stupid car
She lives at home. She could have just bough car in cash instead of leasing
3:50 excellent advice
Great video, The first $100,000 invested was amazing. But when you hit $300,000 it’s like smashing the glass ceiling! I cried.
I completely agree with you! My first 100k took a long time and wasn't that special to be honest with you. Once I hit 300K that is the game changer in my opinion. At this point my money is basically making me a pretty good yearly salary. When I go to sleep at night I know my money is making decent money with the help of my FA!
Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.
I've been considering but haven't been proactive. Can you recommend your advisor? Could really use some assistance.
""Angela Lynn Schilling" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.!!!
Make sure you have a 6 month emergency fund. Invest and diversify most of rest. Don’t forget to ENJOY some of it as well! Great job 👍
I’m saying this as someone who got his schooling paid for but I can never understand how you can go to school and be 40k in debt and make less than that in a year.
Is the husband to be on board with the Total Money Makeover?
Obviously not! He hasn't started paying his debt.
How do I call into the show?
Came here for all the experts advice in comment section ~
Came here for uhhh yeah what you said
Lol
*Loved* it Dave! You're the best *influence* I could ask for my *Personal* *Finance* and *my* *channel* 💓
Amazes me how people line right up to lease or rent and then buy it. Why not just be an adult and buy it when you have the savings for it?
How do get to work if you need a car ?
All Seeing EYE cars are useless nowadays. Short trips you got Uber, long trip you got planes. Unnecessary expense.
@@nzmanhdee6246 that's about as idiot a answer as I usually get .
Take a plane. Use an uber .what if your job is more than with an uber than a car payment.
If just out of school with no money
I have a daughter a dam if I let her drive an old junk
@@warrenkatz1469 You buy a cheap one that runs? If you want a nice one save up
Been loyal to my 2005 Toyota Tundra. 215,XXX miles and runs awesome 👌🏼No car payment, low insurance.
I’m sorry but I’ve been penniless and it sucks. I have 25k saved --some in stocks the rest in cash in an emergency fund. I pay my monthly’s on time each month to keep my credit going up. Student loans and very very cheap car payment. No credit cards. I drive a lot as a result of work so a good car is a MUST!!
I don’t see how spending every dime to pay off debt is cool🥺...I just can’t ever be penniless again. Nope! Can’t do it! Nope! Not interested! Eating at food banks and borrowing money for simple things, selling random house items on Criagslist-oh no I’m done with that.
Having an emergency savings and seeing my money grow INSPIRES me to keep GOING. Working paying-saving. WORKING-PAYING-SAVING.
As time marches on you will ultimately become more financially well!!
Tes West Agreed, Dave is all about paying off debt but I don’t think always that’s the way forward. My only form of debt is student loans and I’m not in any rush to pay it off because the interest rate is 2.8% meanwhile my index fund & individual stocks has brought me 9-11% return average. Umm, I’d essentially be losing money if I used my investing money to pay off my student loan. Ofcourse it’s important to me and I still pay above the minimum, but it’s not as crazy urgent as Dave makes out to be. That being said, CC debt and high car payments with crazy interest is best to avoid. Buy second hand cars, no new ones on finance. They depreciate the second you drive it off the lot. Literally the worst investment. Just a cash loss and only use CC if you know how to finesse it. No sense in racking up crazy CC debt, with high interest 🤦♀️. That’s not smart, all cash loss.
Pay off your debt!
If you have to take out a loan for a car, you can’t afford it! That’s the motto we live by.
If you have to take out a mortgage..you cant afford a house
jay c a car is not a asset. Depreciates as soon as you drive off lot
You're a clown if you pay for depreciating liabilities in cash
@back2the80s ...neither is a home...same...
Marrying someone who has never lived with themselves.. ehhh ... $30k in a car
🙈🙈🙈
Physical Silver No Counter Party Risk. Should you have assets that are simultaneously someone elses liability?
Can she just put up that money for the lease now? Just pay the year and a half of payments and buy out payment? I’ve never leased before (not planning on it either), so I’m not sure how they work when it comes to buying it out.
“Only $300 a month”
That’s a steal these days lol
I would do almost the same as Dave suggests but I would keep a few $ in the bank for the emergency fund.
I would do a bare bones wedding. A friend of mine got married for less than 5 grand planning their own wedding and doing a lot of the leg work themselves. The money they save can go toward their debts.
I love how he said "you got fleeced" and she said, yeah, that's leased, lol. I think she misheard him.
I payed cash for my car a couple of months ago. It’s cheaper if you pay cash and I don’t like owing people and I had the money and it wasn’t gonna hurt me at all. I did buy a new car that Dave frowns on because the price from new to used was about the same only a few thousand difference and I wanted a full warranty
Getting away from America’s stupid at a young age. Love it.
Dang gal good job!!!
How do I call?
Invest in good dividend paying companies.
a lease is only bad if you plan on buying the car after, or you found a car you love and want to keep it at least 8 years.
If you don’t even count maintenance, and take a person leasing vs financing to buy, the buyer doesn’t win till year 8. Which they have a 8+ year old car, with miles, and no warranty. The leaser as a 2 year old car, full warranty, low miles. Which you have to be getting aggressive leases, payment is between 1%-1.3% of the MSRP, no more than 1.5%.
Basically paying less than 50% of MSRP in over 36 months. Take care of the vehicle and you may even have equity at the end which you can sell an recover some of that paid money.
So if you want a new car every 3 years,
full warranty & no service bills,
pay less in the short term,
leasing is a winner all day.
If you already know you love a car,
and you want it forever, and will
keep it till the wheels fall off,
then buy! In 8 years, you will
be winning over the leaser, and every year after that saving thousands.
Knowing which one you are is the most important thing. Shoutout Deshone 💪🏻
I drive a lot so so I lease over and over so I’m always under warranty and don’t have to worry about maintenance. I can’t believe he said to buy the car. Cars aren’t an asset, their a liability… that’s just me though
Whenever a man calls looking to pay off a fiancées debt, Dave tells them to get married and the misogynistic comments flood in, and people also call the man and Dave a simp. When a woman calls the tone shifts. I can understand that Dave May display a bias when talking about prenups, but he’s also a traditional person. When it comes to debt though, he is consistent. I think some people are just unhappy in these comments, or have been through a divorce and are resentful, or maybe you’ve just never found love to begin with. Regardless, you have to put yourself in the shoes of the people calling. If they get married it doesn’t make sense for one person to make money while the other lives pay check to pay check. If you combine household income, then you can also quickly tackle debt as a couple to move towards baby step 3, saving a couples emergency fund, house payments etc. I’d rather be a millionaire than worry about what other people think, especially people who are broke and have an opinion, as Dave would say.
They are simps and she should find someone at her financial level and frame of mind if anything.
Nothing complicated here and nothing to be unhappy about. It’s just a comment section,don’t know them,and I don’t care what they do.
Have my own financially sound debt free life enjoying this awesome year so far.
These videos are just entertainment for me.
That is something I’ll never wrap my head around, people make like 30k a year and decided to get a car worth 50k. Like wtf are you doing
Right now Credit Unions are paying 5% for 6 to 12 months certificate
I’m good with a car lease. Yes, you pay a premium, but only $5000 over 10 years. Used to buy cars and keep them 10 years, and I did this for 30 years, then after adding up all the car repairs and maintenance the net result was $5k more over 10 years. The benefit is you get a new car every 3 years with paid for maintenance and massive peace of mind.
A new car that you don’t own..simply renting it
PAY OFF your debts and...INVEST!!! Is this even a question? 😂
Invest in what
Edgard Ocampo “just invest”that’s what every genius in TH-cam comments says. They’re all multimillionaires apparently with their 2 shares of apple stock. They think you cant ever lose money by investing. It’s going to be an interesting few years. Invest lightly over time not all at once. Mutual funds would be a good option, or wait on the housing market to react to the economy downturn. Low interest rates will help with paying off a mortgage.
@@davidr6865 Can't wait for the collapse to prove these fools wrong. It is going to happen thanks to what is going on.
Blake Blast no it won’t. That’s wishful thinking. The government will not let the housing market end up like 2008.
Edgard Ocampo
You’ve already invested 12 years of your life going to school.
Start putting it to use.
Open a book and read.
Do due diligence.
Stop waiting for people to hold your hand.
Second of ALL, I hope they have a 5-10K budget for the wedding. The way their finances are looking, it doesn’t need to be ANY more than that.
I have been tossing around the idea of paying my wife's car off, but I feel that money could be more useful elsewhere. With the down-payment I put on the car I got the payment down to $171 for 60 months. We got a killer interest rate, if we make minimum payments for the life of the loan we're only paying $750 in interest. Is that worth dropping $7500 to pay it off or let the loan ride and put that money elsewhere?
Yes pay it off if you have 7500…anything else let that free flow money
Why do people equate debt as only loans or cc? That’s so odd and a good example of why economics 101 should be taught in school.
Vegas!
This call was going well until they combine incomes. And the car lease
3:55 👏🏼
Uh yeah don’t see them doing any of what he said
Unless the woman wants kids in the near future, there is no point to getting married. Just be together and keep finances separate. The fact that guy hasn't touched his loans in a few years is a red flag. She should wait for him to progress his career and financial situation.
When did marriage ever stop women from having kids?
Heck even without a boyfriend they put them out there.
Besides the joining of assets and the tax breaks, marriage isn't always just a business transaction. Some people guinely love their partners and want to to start building together in marriage.
Put it at sp500, or rental property in midwest.
Set aside some for emergency funds. Pay off debt then INVEST!! 🤙🏽💯🔥
The couple needs to do marriage counseling and enroll in the Financial Freedom Class like yesterday. Someone is bound into the potholes that they are overlooking.
1) emergency fund
2) remainder to debt
3) if there's anything left, index funds
Honestly though, there shouldn't be anything for step 3 if you're making less than 6 figures. Should be maxing out your 401k first
Harold Balczac
Indeed.
That’s why so many are using their 401k like a savings/checking account instead of retirement.
Go to Vegas and bet it all on a single hand of blackjack
No, Samantha, you should not listen to Ramsey. Instead, try to postpone paying the debt off as much as possible because we are heading into massive inflation in a few years. Use your savings to buy tangible assets like gold, silver, and land as much as you can afford it.
We're paying 7k for our wedding everything included and we're freaking out lol I can believe people be spending more than 10k
Calker had 37. After call was over she was negative. Dave , very cool stuff😂😂😂😂
This was hilarious lol. I feel kinda bad for her. She has not idea that she really doesn’t have any saving considering she isn’t out of debt yet and still paying for a car. Hope hubby doesn’t have credit card debt or get into more debt paying for wedding
inflation is outpacing the low interest rate on your student loans, bad advice unless you're a person whos brain doesn't control their hands
Leasing a car is stupid because she will need the car anyways after the lease is expired.
I don't think what Dave said is going to happen.
Give it to me!!!
This is such a different world to where I live. I'm from Europe, and I've never had any debt (besides a mortgage), nor credit cards, and I'm 35. I also have MUCH more than 37K in savings. Dafuc are you guys doing on that side of the pond? Aren't you supposed to be wealthier than us? With the freedom and all that. We pay over 50% taxes here.
And no, I'm not British. I said "Europe".
Work the Baby Steps!
I got 55k and I’m using 15k for a house and the rest I don’t know what to invest in?!?!
How much is the house total?
Wow that’s cool.
Just walk down the baby steps with the money...
Index funds
tchrisou812 227k ,I want to stay under what the pre approval.
Keep saving😉
37 grand ? Vegas is now open 😃maybe you get lucky
And you are not getting any credit cards to fund you living room set and he is not buying a new car because he just got married and its the thing to do.
Just keep cash in bank , that’s just barely the emergency account
I think this pandemic has taught people the importance of multiple streams of income unfortunately having a job doesn't mean security. So I really appreciate your transparency and giving people a fighting chance during these troubling times.
That's right. Having a job doesn't mean security. I also agree with what you said "giving people a fighting chance during these troubling times".
So much wisdom in those words, what do you invest in?
That's awesome really I've been trying my way out in stock market but I'm glad I switched over to the forex market before this current pandemic
Really I'm a living testimony of the forex market I switched off dividends and drop shipping, they're all dead. I wish I knew about forex trading earlier. My current trade of $4,300 profited $21,000 within 14days
What really is forex trading?
His debt is his debt, no matter how long they married and how much they love each other. She is not responsible for his pre marital debt.
the rich see an economic crisis as a garage sale that's why investing now is the key
just recently got laid off and it feels like i'm beginning from the scratch, i have been researching on investing and I came across an investor on an internet radio who mentioned making well over $450,000 in 3months with an investment of $230,000 I'm a beginner and i really would appreciate any insight or clue on how to make good results
@@charlesblanchard4065
You should have considered an alternative source of cashflow way before now, it is called futuristic planning 🙄
@@volkovfoley4656
well you didnt have to be mean about it. It is a good time to buy in on stock, so just buy in on stocks.
@@charlesblanchard4065
As a beginner, I took a more practical step to learn to invest, I began through the guidance of a financial consultant and within 2 years, I have owned 2homes in the United states and car dealership all with the an investment capital of $150,000 so it is best to invest with the help of a professional.
@@mikecuban6557
Kudos, please who is your financial consultant and how can i get in touch?
Invest in ChainLink....today’s price, $4.00.....you’ve been warned
What is that
I like Chain Link its solid.
Based
She wasn't planning on using $15k from her savings to pay for school, she was definitely going to finance it. I would've financed at least half and put the other half in CDs, mutual funds, or a high yield savings account.
Leasing a car isn't renting if you buy it out at the end. It gets you lower payments over a longer period of time. Never pay cash for cars. You get a lower interest rate for financing with the car company and you can put the cash you didn't spend on the car in a high yield savings account and make money on it, putting you ahead of the game in the long run.
Or you can take out a 401k loan and pay for the car in cash, get your title in 4-6 weeks after purchasing, pay yourself back 5%-6% interest, protect that money from downturns in the economy while you pay it back, and if you lose your job you only need to pay back the fine and taxes. This is the best option for purchasing a car, not cash from your bank account.
You can biuld a big stone house 3bedrooms ensuite with thay money in Kenya
I am wandering how much will the wedding cost that he will be paying for out right.
Maybe they should go to a Justice of the Peace and he can utilize that wedding money towards his student loan debt that he’s been neglecting.
all my wealthy friends have car payments ...how does car payments keep you from being wealthy ?
You don't pay peoples debt married or not. Also don't get married. Boom your set.
Marry me instead. I have 23K in savings and 40K in stocks.
Good luck, there are no fundamentals in investing this year 😂
@@MagicMetalMoney casinos are closed so stocks is the game this month 😂 enjoy
I’m getting over $8k tax free dividends,and $2500 unrealized taxable from my investments monthly.
Trading stocks I’ve made over $120k in realized gains so far this year.
I’m also completely debt free with no financial issues.
Can’t complain.
Update: make that an additional $32k today. Stops kicking in.
Sounds like SHE is way more invested in the savings and future than Finance. She hesitated when Dave asked finance debt and work.
I would Invest and save 20% of the $37,000.00 ASAP that is $7400.00 and pay off debt.
How about invest it? 37k isn't much.
:(