I Make $2,000 a Month And I Have a $600 Car Payment
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- เผยแพร่เมื่อ 17 ก.ค. 2024
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From England
The Dave Ramsey Show that
The Dave Ramsey Show I think you're a good/smart person Mr. Ramsey but please don't make people feel stupid.
First video I’ve seen, good advice, look forward to seeing more of you!
The Dave Ramsey Show if I make 4K per month can I afford a $600 payment?
I make 3k a month, time to get a rolls royce
Hehe BENTLEY
Get a 2006 Bentley for like 70k and you will look rich AF!! Hahaha
You mean you don’t have one already. What the #&#$ are you waiting for?
Lambo
hahahahahaha
UPDATE ON FERAZ: Just heard his debt free call!!!! He sold his BMW to Carmax, walked out of carmax with no car and lived with his Dad so he could walk to work and school! He bought and drives a $900 wrecked (but drivable) Toyota Avalon and paid off his $50k in debt and now makes $60k a year! Absolutely awesome! Congratulations Feraz!
Ranger54 wow awesome ! So glad to hear that for him.
Link?
Ranger54 he’s upside down 15 thousand and got rid of it at CarMax? Lol
Hey Guys! Glad you heard my debt free scream!
@@farazamirfarzaneh269 good job on getting out of debt. It's a great feeling to be debt free.
Makes me wonder how many people have flashy cars and no money.
My dad has a friend who has a couple of REALLY expensive boats and a nice flashy truck. He can't really afford any of it though and they are all financed on ridiculously long terms.
A lot of ppl sadly
A LOTTT
Or they're driving around on E
MANY!!
This guy already knew what to do before he even called. Lol.... I make $70,000 and I drive a 2003 Civic..... no payment and I feel great.
Facts bro no payment save money i would never buy a car for a dealer
Same here. 2008 Honda Accord. Life is good
24K a year, 2003 vehicle, I own my house (no mortgage), and it's fine. I still get tail.
@@trellend what happens when your car breaks down?
@@jkairi4 Then I buy another POS for $1000
He only regrets buying the BMW because he found out girls at his school don't care.
Viet PopLove lol true true
Viet PopLove Haha
EXACTLY!!! You don't need a beamer to get girls
Viet PopLove I'm dead laughing 😂😂
So True. Here in the Atlanta area I see smoking hot Asian and white chicks riding around with dudes in older Toyota and Hondas all the time. The times are changing. I notice that women care more about how a guy dresses at all times compared to 10 years. And cars now a whole lot less.
The cost of trying to be fancy when you don't got it
big hat no cattle haha
hahaha. All beef, no steak!
Right
All show,no go lollll
That's true.
Feraz is debt free! He called back on the show to do his debt free scream. He made it out!
@Keldor Miro You'll never get it. People have been asking for the link to that call for ages.
@@ocky88 there is link or anything... this is all fake stories and actors.
Hey man! I appreciate you! The link to my debt free scream is in the comments above
@@farazamirfarzaneh3634 درود فراز جان خوبی به کجا رسید این حکایت ماشين بعد سه سال
دانشگاه رو تموم کردی مهندس شدی؟
@@kourosharma Hi Kourosh, I don't know how to read Farsi unfortunately.
I make 2000 a month and I bought a 2004 kia Sorento for 2000 after saving up and it runs great and takes me back and forth 10hrs to see my family. No way I would take a 600 car payment 😳 only have 1 debit card and I'm happy that way, credit cards never did anything good to my family
You are beautiful
Credit can be your best friend when used responsibly. Get a credit card and use it like you would a debit card ( pay it off with in a month) . Never to early to build up your credit. You will not regret it when trying to buy a house or other expenditures in the future. Could save you thousands 🤑.
Me and my husband make combined 6,700 a month and we just bought a Kia 2021 forte. We love it and it has so many features for a very affordable price compared to Honda and a Toyota which are now EXPENSIVE!
I make 2000 a month and I got the same car! I got a new 2021kia
Life is the best teacher....if you listen.
I've never heard that adage before. I like it.
James Johnson wrong... replace life with experience, that was the original quote 😂
sounds like the old Dave saying... Trying to impress people at a stop light you'll never meet.
Car dealers will give anyone any car... if you don't pay they will repossess it. It's a "secured" loan.
I pay every month on time for my car but if something happens financially to me. And I can’t pay my car payment they’re not getting “MY” car back i love my car. But that won’t happen because I’m financially responsible.
@@wholelottapain8130 miss a payment. See if they take YOUR car or not
@@wholelottapain8130 if you miss one payment they can take it
Sheesh I’m making $5000 a month and my _$300_ a month payment bothers me
Brendan you make enough for even a 1000€ for a car. I live on 1500 a month, so ...
not a guy ^
SAME! I bring in 3800 and making my first ever car payment of $355 a month is killing me lol
@Guardian Patriot I never said I can't live. I said it is killing me that I am spending $355 on a car instead of having this extra cash laying around. Two totally different ideas and concepts.
why not pay in lest then 2 years u have the money to do it
A student with a new BMW??? I've heard it all lol. Gotta admire his guts for even calling Dave ;)
Sunny Sunshine So true 😂😂😂😂
Sunny Sunshine My class mate turns up with a 6 series for his exams and his only 18 and a student once turned up to university to revise in his ferrari
Sunny Sunshine I know students with Porsches.
I think it's more funny than impressive when you see an 18-20 year old driving a luxury car when it's so obvious they don't live a lifestyle that can afford that car
Zac Efron I actually know one guy who is now 20 has an C63 amg and a G63 aswell, he does spread betting and became quite successful and now he runs courses along side it which makes him more money. I also know another guy who's 21 opened a private tuition business at 19, he has a lot of workers under him has a really nice M3 not as rich as the other guy but still done quite well. But you are correct most get those cars from parents and don't have to work for it.
When Dave says, "They are brain damaged their parents are cousins " ahahahaha!!!
i lost it too!
Izzy Avila 0:::bb
Izzy Avila there is nothing wrong with your mom and dad being cousins search up Irish travellers
Izzy Avila
That's incredibly racist Izzy. I'm a Polska Roma and in the past our marriages were arranged and not to our cousins.
You may have thought your comment was funny but it was just offensive.
Searia Vorza and how is that "racist"? That's just not politically correct lol. But for real. Do you know the odds that there would be problems for the child if the parents are that related?
get a used camry and buy it CASH
Camry is too big. He just needs a corolla
NO
@@imbrandon16 yes?
@@zoeyredmond5501 no
I actually ended up buying an avalon for $900 haha.
I just was in this situation!Paid $760 a month making about 2100 a month and was broke every month.Crashed it and been walking for months with the most cash I've ever had and happier
Yeah you’re crazy
@@murkyturkey5238 yup!
Same lol
@@murkyturkey5238 depending on age its a lesson hes learned and is not afraid of sharing. stack up that cash and just buy a car way better choice
I don't fully understand it because Dave Ramsey in another video tell that you can have a payment for less than a half of your monthly income... And why this payment is bad if is less than the half??? And also What is happening with the other 1.4k???
At least he is honest.
True dat! But then again it wouldn’t make sense to call and lie... beats the purpose of the call...
U Shine ahahha
@@TSAVVVVmost people to embarrassed to call and make themselves vulnerable tho he got my respect
Full time student, why would you think about a BMW? ...
To Impress Other Students ?
@@tez_foe4382 obviously
I hope he makes better decisions when it comes to his aircraft mechanic work!
Because It's Feras ,,, it's in the genes man!
Because he’s a baller 🤑
Dave Ramsey's insights have been a game-changer for me! His practical approach to financial management has empowered me to take control of my money and work towards a debt-free life. The Total Money Makeover is my go-to guide, and I appreciate how he breaks down complex concepts into easy-to-follow steps.
I remember when I was 18 years old I tried to buy a car with cash. Called my “dad” and asked him to help, he said he didn’t have it. But ended up co-signing for a dodge neon, a complete lemon (lol) for 330 per month. I didn’t even have the car 32 day before the engine started giving me problems. And the warranty was only for 30 days 😕I was 18 so my insurance was also around 350. At 18 I was stressed outttttt! And on top of all that my mom decided she wanted to move out and left me with a ton of bills that were behind. 20 years later I still can’t believe they did that to me🤣. If you are a parent please teach your children about finances and how to budget. I got off to a rocky start and made a lot of mistakes. I turn 38 on July 8th but my goal is to be debt free by 40 and I’m almost there.
You got this, we all make mistakes but you have the great opportunity to teach other people not to do that. Or at least try to help
You can also have other steams on income that can generate a nice profit to you monthly. I advise you try out Forex Trading with an experienced and professional Trader who would guarantee your Profit when he handles your trades and offers nice mentorship and guidance program. I recommend Mr Andy Calistoga you can get him on
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On Whatsapp
Your dad sounds better than your mum tbh. He tried to help you out, your mum straight up stitched you up.
This is what happens when you get too concerned about what people think about you.
There is no ppl out there that get cars because they love it
I was so afraid for him, until he said he lived at home.
He should have said that right off the bat.
Haas Squadda where else would he live? Everyone lives at home...
@@TheWarriorSage1357 rented apartment as opposed to living off mom n dad dumb dumb
(I live in a tree house)
What's wrong with that
"BMW's are an endless money pit!"
-scotty kilmer
@japanwatchconnection anybody with common sense would stay away from those cars
@japanwatchconnection some bmws like the e46 can be reliable if maintained but I've seen some newer models that need engine work under 100k miles. Best to stay away unless you are able to repair them yourself
Bruh! I have that engraved in my heart.
True story haha
Best comment
I make $80k a year and drive a 2004 CR-V that I’ve been driving for 17 years. No car payment feels great! I’ll keep driving it until it breaks down!
Might as well. Why take on additional costs for absolutely no reason
I have told people this time and time again... practically ANYONE can get approved for VIRTUALLY any car. The dealership will allow you to finance it with them, even if you really can't afford it. WHY you may be asking? ...because they can repossess it if you get behind on the payments. THEN resell it. So they get to keep all of your payments, tidy the car up and then resale it as a Certified Preowned. They will not lose.
Musa I of Mali damm. So that's what that means
Even lamborguini?
Very true dealerships are crooks
Something tells me that 24K a year guys living at home should not be driving a BMW
That’s exactly the type of guy who should be driving a BMW! No rent sucka! More money for the car payment.
“Their parents are cousin” IM DEAD 🤣🤣🤣🤣🤣🤣
😂😂😂😂🤣😅
It's profitable for the lenders because they are banking on a repo
🤣🤣
“You’re getting hammered and it’s all because you set yourself up to be the nail” 🤣🤣
actually sounds like a good dude just in need of knowledge and a mentor
Sounds like a dude trying to impress others with a fancy car = immature.
@@RG-hf4et thus needing knowledge and a mentor
The good news is this guy is at the right place to get this figured out.
The rant about the car companies at the end was the best part.
I feel like as a parent buying your kids first car is a really smart thing to do.Hear me out now.They wont be tempted to go to the dealer and have them put bmw's in there face.Something nice clean and gets good gas mileage really gives them a head start in life whether they are working or going to school.
My friend works at the car wash making 2k a month he is paying 1k a month for his new Porsche, he bought it for 75k, he told me he likes the financial stress, says that car loan keeps him motivated so he knows he has to work hard to keep driving something nice... I am speechless.
“Stupid on steroids”
Are you for real? How can he even maintain the Porsche? One problem and he can't pay to fix it.
I hurt on my 680$ car bill
Ruben Scott What do you drive?
@@shakemiz 720 here 😁 now thinking of voluntary repossession
i have been down this road....how stupid was i looking back.. never again will get a car loan. just because the dealer says you can afford does NOT mean you can.
The look on Daves' face through out the call is priceless.
Man everyone out here with these insane auto loan payments. I still drive my 2004 ford expedition that has 180k miles on it. It has yet to ever leave me stranded.
Same here very smart!
L.A. Is ridiculous- everyones trying to outdo each other with their style and cars- too easy to get caught up in.
eugene t Miami is worse!!!
eugene t CORRECT! Everyone wants to look like and drive like a celebrity, yet live in someone's garage conversion with street parking only!!!! I'm thankful that my parents moved us to TX
Atlanta too.
Lol true about Atlanta. See people all the time in new BMWs, Audis, MBs driving out of aparments rental buildings all the time in Buckhead and Midtown.
@vy clara We have a different problem in Texas. It isn't fancy cars, its expensive Trucks!!
BMW = Bring My Wallet, but wait...my wallet is empty........It's ok, bring it anyway, lol.
Perhaps BMW = Burn My Wallet
Broke Man’s Wallet
We finance empty wallets.
BMW= big money waster
BMW= be my wife
unfortunately the car dealership probably fudged his income to get him the loan, he prob wrote 2,000 and they changed it to 2500. this does happen more often then people think.
I kept wondering how they financed these loans but yet cry they can't refinance later! Should've known
Or he got a co-signer.
FERAZ Called in today 11/21 to do his DEBT FREE SCREAM! 😂. Nicely done. Check the podcast. Can't wait until they post it on TH-cam!
STOP LIVING BEYOND YOUR MEANS
I love how Dave just smirks when he hears the dreaded words “BMW” lol
Guy was nuts for doing that. I was going to get myself in the same situation when I was 21. Thank god my parents were able to talk sense into me
I’ve seen people making $620/2 weeks with a $500/month vehicle payment...Makes me wanna cry. 😭
😭 no one taught us this stuff in school! It was 4x + 3x = 7x
How does that help us avoid unnecessary debt?!
People stress me out. I know SEVERAL people like this.
Thats scary.
“How are you..eating..and keeping this car payment up?” 😂😂
Rice and beans
Love it, Dave. Straight shooter, hard truths being doled out.
“There parents are cousins” 💀💀 I swear Dave has the most clever phrases. Another personal favorite is “test pilot in a broom factory”
Feraz from LA with BMW. Dude's definitely Persian LOL
Or Armenian!
@@beachjon91 Generally, lives at home as well.
Haha I wanna say it’s racist comment, but we do love our BMW’s 🤣🤣🤣🤣
I bet it's a white one too
Justis Cady hahahah for sure! All mine have been white
That Smile :) on Dave's face when he heard word "BMW".............................
That expression on Dave's face :o when he heard $2000/month.................
haha
Samon Shivastar Yup. Dave loves BMW cars. They're great cars. But this caller is an absolute idiot. That's what happens when you try showing up without the money to show.
muscleunlimited Hes young...I get it. He wanted a nice car. In 2012, I bought a 1999 Volvo S80 for $4,500 and it was beautiful. I was younger and stupider than he was, except in this particular way. I'll tell you, I bought that car because I test drove it and fell in love with it in every possible way...I had absolutely NO care for what anyone else thought of my car..I was pretty sure it was somewhat impressive, but I didn't ultimately care. I loved it and thats all that mattered to me. In the 3 years I had it, I probably put $2,500 in repairs into it. At first, it appears as a $7,000 car, but factor in the savings in insurance and the fact that I sold it for the cost of my repairs, and that car probably cost me $2,500 in total after insurance savings. The true difference between his car and my Volvo is that his car is much newer. Thats THE only difference. Sure...the built in technology too, I guess, but I can upgrade the stereo system in an OLD luxury car too...so he paid $67,500 for a new car smell...but you can buy that smell at Walmart for $2 lmao...I see people in brand new cars...my mom is jealous of them and I feel sorry for them, knowing they probably took out a loan and now have a huge financial obligation that is as new as the car and won't be ending anytime soon.
Borrowed My Wheels
Thomas Haas "but you can buy that smell at walmart for $2", brilliant
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@@Lourd-Bab However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments
@@lennoxmutterick6434 Oh please I’d love that. Thanks!
@@Lourd-Bab Judith Ann peace is her name
Lookup with her name on the webpage.
I worked in auto finance for 4;years... Slimy business (quit). What kills me is how they "roll" the negative equity over and over until your paying for a Mercedes and driving a Ford Focus.
Oh wow, I missed the part (the day the show aired) where he said this was his SECOND BMW. Holy mother of pearl!
This is not what they mean when they say " fake it till you make it "
Better than I deserve.🙂 I use this everyday now thank you Mr Ramsey!! Best of wishes to you sir
When it comes to high payments and low incomes, typically what dealerships do to get a deal approved if the credit is good enough is give you a "raise" in order to get the deal approved. So if you make 2k a month and they are trying to get you approved for a payment of 600 a mo, the finance manager would bump the income to maybe 4k a month to have the bank say yes
Yea thats actually what they did for my application haha. You know there game
I agree it's scummy that BMW financial gave this dude a loan, but at the end of the day they're sales people not financial advisors. This dude made the horrible mistake on this purchase; no one forced him to do it. Hope he learned his lesson
I think the issue is that they made a loan that is unlikely to get paid back.
"they're sales people not financial advisors" -- 100% correct.
Granted, most of us weren't there so we don't know what went on between Faraz and the sales guy, but as fellow human beings, I really hope that they looked at his income and the monthly payment and at least tried to put him into a much cheaper used car.
This is my first time I have listen to part of your show. I am 25 and currently debt free, and I plan on keeping it that way as long as I can.
I remember this time about a year and a half ago my husband and I bought a 2006 used Toyota for $11k and put $3k down... we got denied two loans before we got approved for one by a credit union. We were making about $33k at the time since I was a full time student. I can’t believe this guy got approved!
Solid advice from Dave on this one.
There parents are cousins 😂😂😂 that’s awesome
😭
OH SNAP! YOUR RIGHT
*their
🤣🤣🤣🤣🤣😭😭😭😭😭 I was dooooone!
😂😂
Let me guess, his responsible friends graduated from college at 22/23, made some money and bought their first car 3-4 years after college. He saw that and decided to buy his own car to "keep up"
Dennis Vu sounds like you’ve been through that
It is not a car it is a freaking BMW, a car would be a Toyota
@@AnnakiVEVO so what its probably only a 3 series. Car payment only high because of the ridiculous car interest rate he signed.
@@alextogo8367 i wouldnt necessarily say interest rate is to blame... maybe it's a brand new 3 series and he didnt put any money down.
Not everyone graduates at 22-23. Some people work than go to college.
I'm glad I found this TH-cam channel
A lot of useful information
I just love hearing these phone calls
Buy a honda civic and call it a day
Not to mention the Civic will still be around when the beamer is in the junkyard.
Daniel B trust me. Been buying Hondas all my life. Cheap to fix and reliable
Smart answer
+SWISSTHEDJ yes but is that the kind of lifestyle you want to live? No one will respect you driving a Civic. If you want to have people appreciate and respect you, you need to be driving something else.
Why should I care if someone respects me,. if they are doing nothing for me?
Dave is so balanced. He knows when and how to call you out. But, he knows how to do it without shaming or degrading you. That's a gift. Few have it! He's dealing with the problem without breaking the soul or spirit. I love him.
Something every father needs to know
It's called tact very few people have that nowadays
Lol the TH-cam advert before this video was for a credit card 🤣🤣 good luck with those advertisements here 😂
College is a waste of money unless you're gonna be a lawyer, doctor, nurse, or teacher/professor.
i’m gon b a nurse a lol😶🌫️
When considering my degree, I definitely wasted 20k as it’s not worth the paper it’s printed on. However, the education, resulting networking, and internships landed me in my career. So technically it did pay off for me. If I could go back, I’d just do internships and avoid the debt.
I make $1400 and was about to make the same mistake lol missed that bullet.
Trust me yu did
I'm lucky I dodged a 300 dollar payment. My friends smacked the stupid out of me in the group chat.
@@Xachremos Sure right he did, smack some sense into you.
1400 a month?
If you make 1400 a week or bi weekly, thats better than this dude. But if you mean monthly then your friend was right
“Their parents are cousins.” 🤣
Eewwwwww
😂😂😂😂
Im weak!
I've been there. Dug my way into debt with many cars, over the years. Finally digging my way out.
I heard about a dealership in northern Arizona that gave a homeless man a new car he couldn't afford. He lived in it for a few months until they took it away. I think the salesmen are just trying to meet a quota.
I worked 2 jobs all through college, getting little sleep so I can pay all my bills and cash flow school and surprise situations. Didn't kill me... just made me proud once I graduated debt free. and btw, had no family support or help.
my motivation sarah thanku!
Sarah Thomas very nice now go clean the kitchen
Take this shut out of your head
@@angelbianchi8580 I hope you're trolling
That is definitely something to be proud of.
I regret my 600 dollar car payment and I make 6500 a month.
ls143v3r doing what
Why you regret it? You make enough.
CastrejonHDTV he regrets it because a $600 car note is still silly, you’re throwing away money just to look cool
@@Black-ICE92 But he makes plenty so it's not a huge deal.
@@crxracer805 him being able to afford it is besides the point. Just because you can afford something doesn't mean you should buy it.
I make $4000 a month before taxes and still drive 2008 Hyundai Sonata that I bought 12 years ago.
I like this guy. His conversations help people alot I'm 37 I done alot of stupid stuff and by the graces of God I muscles through the odds and I'm here now. Thankful and Blessed It is important to teach the youngings so they don't have to end up like us.
We have paid off $31k in 18 months working three jobs and hustling. It's possible to work your way out of it if you're willing to bust it.
5 cents matter okay
Nice job! Are you completely out of debt then?
We ... you mean he has lol
I find channels and videos like this very valuable
I also have BMW (bus, metro, walk)
I honestly learned my lesson, I make 3000 a month and I have a 456 car loan. I have no standing debt anymore thanks to Dave's reality checks since I've been listening to him. I do wish to keep my car and I'm going to try to push a much money into it and work on being debt free by 27, I'm currently 25.
Did you manage paying off your car?? I'm in the same boat right now. Got a car in upside down, make a little over 3k a month and a 490 car payment
I don't want to date a guy who drives a BMW who still lives with his parents. Really dude....
Gina Bee many women will tho. that's why many guys will live in a dump and drive a luxury vehicle
I see..
Why is living with parents a bad thing? Is saving resources and money is a bad thing?
***** it is as long as u aren't blowing $$ elsewhere. Like car payments
Crishchun Goomah I wish i had stayed at my parents, they offered. I could almost be retired now at the age of 30 had i taken their offer. I have spent over 130,000 on rent/mortgage since i moved out
I admire the guys honesty, and bravery for calling. You can call him stupid sure, but think about it. There are MILLIONS of people going through this same thing. This kid had the guts to bring his issues forward and ask for help. At least respect him for that.
Dave, you are 100% realistic about things. He said if I was your uncle I wouldn't help you. Privilege and perfection are forms of paralysis.
How Dave feels about BMW financial with this guy is how I feel about the U.S. Department of Education. First time I ever heard Dave say “ should forgive the loan.”
i'm 50 and have never paid a car payment in my life -- i'm the kind of guy who will happily ride a bike to work and it never kept me from finding girlfriends
Those Girls Really Liked You For 'You.'
eatme Statistics show that people who bike ride to work, and don’t have a car have higher chances of being happy, for the fact that you are exercising,and you don’t have to worry about maintenance and insurance wich comes with owning a vehicle.
@@luisvilla2873 Has to worry about bike flats and being late to work :)
@@luisvilla2873 I have heard this before and it's true.
How do you run errands though? Like grocery shopping?
BMW Financial Gave Him The Loan For 1 Reason He Was Currently A BMW Customer And His Payments Were Up To Date. Nothing More Nothing Less.
Actually nope , u can delay payments and end up paying a whole nother year on the car , they make more money that way
This was me a couple months ago. I had to do something about it; thank God my payments are sliced more than half 🙏🏽
im so glad i listened to this
Gosh, I can relate to this guy! I personally believe that I had nothing but the grace God making my car payments on time for the past 5 years! I have 10 months to go! I have truly learned from the experience! Sadly the mortgage crisis happened this way, student loans, credit cards companies, and car loan industry! We see nothing but slaves to debt in America!!
I'm surprised that Dave Ramsey is so perplexed that BMW financial gave him this loan. He was living at home with his parents and showed them little debt, when he took out the loan. It is very possible that someone making $24k/year with no bills can have more discretionary income than someone making $80k/year with a mortgage and many other bills.
cardo he didn’t know that when he first mentioned it
Agree
After watching this! I feel a lot better! One of the best therapy for me! Besides dog videos, Dave Ramsey’s caller like this one is on top of my chart! 😂
I am 27, full time master's student. Own $500 2009 toyota camry with 240k miles. Dress cheap at Ross or Walmart. Make $36k, pay $650 rent, $1500 cash for school and saved $25k so far. No Debt. But, working hard comes with not much social life, some financial stress at the beginning. Also, I am immigrant moved to US 5 years ago with $25 in my pocket. If you are willing to work you will be fine.
When he told me his income my jaw dropped. When he told me how much he was upside down my jaw double dropped.
This guy makes me feel so much better about my student loans.
Just got into the same situation and I regret it. Thought I was smarter than that but lenders and dealerships will put you into anything they don't care. Never will do that again and I'm working to reduce my payments..
They care about as much as YOU CARE. Don’t buy what u can’t afford
I didn't even know that you could roll equity into another car. That should be illegal.
Wow. I'm in a similar situation as that guy. And what's worse I live by myself with rent, credit card debt and other expenses. Now I'm paying the price. I am working two jobs just to fight through the baby steps.
So it's been a year since you made that comment. How are you doing now?
@@FortuneSeek3rz I'm curious too 😶
I don't want to fly on any aircraft he's touched.
Mark B 😂
I felt the same thing
Mark B 😂😂😂😂
No kidding!!!
🤣🤣
Dave's reaction is everything 😂😂😂 ooh my .... how old are you ? 😂😂
Went to mercedes to buy my first car as soon as I landed my first job. It's all paid off now but it's the stupidest thing I've ever done with my money.
cars looks so nice at the dealership but that’s not the reality...the reality is they eventually are a worthless hunk of rusted metal with no value-assets>liabilities.
At least you bought something that you desired and would love to own. That is better than not desiring anything in life while having a pile of money in the bank.