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- เผยแพร่เมื่อ 3 ส.ค. 2022
- Personal finance expert Dave Ramsey joined 'America's Newsroom' to discuss how inflation is impacting Americans' debt as prices continue to surge. #FoxNews
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Dear Mr. Ramsey, When I started I couldn't afford your book. I had to get it from the library, I was making $10K a year. I now have no credit card debt and my house is down to $85K! Thank you so very much for everything. I am working those baby steps to prosperity.
You needed Dave Ramsey to tell you that debt is bad?
@@matthewphillips5483...everyone thinks that credit card debt is normal and is OK. Everyone thinks that student loan debt or that a car loan, or that a mortgage is normal and is OK. Dave Ramsey has taught me otherwise.
@@matthewphillips5483 yea she does just like you need to talk down to people in order to feel better about yourself🙂
Nothing wrong with utilizing your public library. Saves lots of money for things you are likely to watch or read once.
Keep working on paying down your house, no house payment is a wonderful feeling!
@@catherineskis I wish Dave Ramsay taught me how to make more money instead. Not taking out a loan that is more than your monthly income is basic common sense. It’s almost like ppl aren’t afraid to put themselves in financial ruin.
Grateful for listening to Dave years ago. Only way to survive this is without debt. The borrower is servant to the lender.
Sell your heritage! Deuteronomy 28. Cursed.
Abolishing $2bn Saudi Arabian and oil magnate bribes is smart, prudent, and steadfastly very giantly necessary immediately
…Dad used to say neither a lender or borrower be. When he died he had very little debt and some money in the bank. I try to live by this and am better off than my old co-workers. All they complain about is money and what they had saved before they retired is beginning to run low. The government isn’t your friend. It’s better for them if you die and they can get at your remaining money, then let those that invade the country and stay are easier to control and order around. That’s why the border is wide open, cheap replacements…..
Legalized loan sharking with these interest rates.
That's exactly what the demonic elite class wants. A world full of slaves. Everybody to owe their souls to the company store.
Following Dave Ramsey thru my church has gotten me completely out of debt. His stuff works! It took us 29 months, paid off the car, the mortgage & all credit card & student loan debt. It was a true blessing…
Listen to Mr Ramsey all debt is bad. Live below your means not that complicated that way you can save up and pay bills monthly thus avoid credit card debt. If you don't already listen to Dave do so and pass it on.
@@lucioarreola7339 I listened, got out of debt, and started putting half of my income into savings every month. Still do that.
Not all debt is bad. Dave's steps work for people who want to get to a better place. Half of the job is looking for a way out of your situation. Dave has HUNDREDS of millions of dollars worth of a real estate portfolio. You really think he bought it all cash?
Focus on helping others not making money your God
@@michaelmullin7941 I'm in the same boat. I usually can save more than I have to spend. It's a liberating feeling knowing that you don't have to slave away just to keep up.
The media has never faced repercussions for the lies it has spread to the public. Someone needs to hold them accountable
Who?
Fox News?
@@tomlocke3294 yep
It won't be you boy.
Your wish is my command...Dominion voter systems is suing Fox news for 1.6 billion dollars for defamation. Fox hosts falsely accused them of fixing the election.
Love Dave Ramsey! Saved me from a life of financial stress! Thank you Dave! No debt here, including the house.
Congrats! I’ve been lucky enough to find and follow his advice as well🙏🏼
Are you cute? Want to get married? 😃 I'm in the same boat but not because of Dave.
Same. Thank God for Dave! No debt paid off my mortgage. Living really free and thankful
Yup same here. Debt free. 2 houses, cars, paid off. Strictly by luck and some brain cells
That’s beautiful
My deceased sister listened to him religiously and pushed me that way. Don't owe any credit card debt actually any debt and give credit where credit is due . From the beyond my sister says thanks and I say thanks!
The baby boomer generation gained most of its wealth by borrowing to purchase a house. Not all debt is bad. I have a balance of 60K on my mortgage. No way on earth I could have bought this place except with debt. It is currently worth about 1.2 million. I am way better off than if I had rented. I have purchased 7 properties, each with debt and my profit on each far exceeded debt service. Rarely is debt on property a bad thing unless it is a risky investment going into it.
@@puppyupper4565 Mortgage debt is the only debt that Dave Ramsey is ok with.
Did you need Dave Ramsey to tell you it's not wise to spend more money than you have?
@@thriftyminia I didn't mention Ramsey. I was addressing the poster who said not to owe any debt. I am a big fan of Ramsey and do not have any debt outside my mortgage. Have an awesome day
@@puppyupper4565 While I agree that if one is to have any debt, at least let it be mortgage. And if you're still relatively young, there's no reason to panic. But for those who are set to retire, unless you're income is so great into retirement that carrying a mortgage is no biggie, my suggestion is to get that bad boy paid off in full by the time you enter your golden years.
I listened to Dave Ramsey on 2019. Thank God I found him. Thank you, I am debt free
Biden is quite willing to talk about anything else except inflation, which is affecting EVERYONE.
Joe the Bozo makes Jimmy Carter look great, and believe you me I lived through the Carter administration and it was a terrible time for this country. When you continue to increase spending which increases the debt that only shows how inept he is, but then again he isn't hurting in anyway financially, so what do they care.
I just don’t understand why the bars, restaurants, golf courses, shopping centers are still packed in my city. Lines at Starbucks, McDonald’s, you name it.
Why do you want to talk about inflation? You might learn about what a pyramid scheme looks like? The economy isn't real guys.. its just obedience to numbers with no real value or measurement of worth beyond the imagination.. its a fake checkbook.. playing house with hoarders..
@@bloatedsodium7301 debt and credit cards?
@@bloatedsodium7301 People spending what’s left of stimulus.
When the economy and our money system is based on debt, this is what happens.
We are the first 2 people here
Great Words Patriot.
Ronald Reagan established the financing of Government function through the Bond market when he drastically reduced the tax rates of the extremely wealthy and multinational corporations. Duh
@@truepatriots3860 MAGA sheep are not actually patriots. Sorry about your feelings
Hence they don’t educate you to be financially literate in school lol. Accumulate debt with loans before even understanding the concept of credit or cashflow
Since listening to Dave Ramsey and following his plan I am out of debt, have savings and investments. Now working on paying off the mortgage.
Unless you're out of debt, you can't imagine how good it feels.
Dave has devoted his life to helping others get their finances together. I wish I had listened to him years ago.
It's not too late! Not just 20 year olds, everybody needs to listen to his principals. Dave Ramsey has been probably the single biggest blessing to my wife and I.
He's good for people in debt only. That's his only focus. The rest of what he preaches is questionable in today's day and age.
@@Andrew-ro6cr That's flat out wrong. Now I admit that SOME things he teaches are extreme. We still use credit cards, but we pay them in full monthly. But Dave is 100% correct that we would be better off without them and that they cause more harm than good by getting people to think that having a good "credit score" means you're financially responsible. He's also correct that no one should ever, under any circumstances lease something like a car that depreciates. Pay in full for a cheap car, move up when you can afford. Don't buy a house unless you can truly afford the payments, under no circumstance should your mortgage payment be more than half you're income. Live within your means, be responsible. Yes his baby steps and extreme "beans and rice" mentality is for people who are in debt, but the same mentality and common sense attitude keeps you out of debt as well. People discount him as a crazy person because we live in a world where you finance your car, finance your TV, finance your house, finance your home improvements, finance your furniture, finance your life with credit card debt. We should all be trying to live as if personal debt doesn't exist. I will also say that some business debt can be useful, but it is a high risk, high reward situation. Student loans are another thing that should not be used, the ends do not justify the means, that is obvious looking at the numbers! Dave is right more than he is wrong, even if he's a little extreme at times, because nobody is right about everything. I call tell you from personal experience that it's hard to have good control of your finances and live without debt, but it's worth it. It's why my wife and I own a small house and have cheap cars payed in full even though we don't make very much. It's all about priorities, and that's what Dave has right.
I'm 17 and I'm 💯 %% on board with Ramsey.
@@isaacholzwarth He's against real estate and leverage. You can't save your way to a million dollars.
Biden: “Running the country is like riding a bike.”
When he went down, it was funny.
sleepy joe rides for hours
benedict donald fell off stormy daniels after ten minutes
😂
Straight into the ground
@@polardiscoball I bet Donald had a better ride
It’s very rough right now being on a very fixed pension income. There’s no room for anything else. I can’t imagine trying to raise a family with all this craziness going on.
I live by myself, an because of that I have a very low cost of living, but I can imagine if I had a wife and kids things could get strained. Food and energy costs are going through the roof.
We are a family of 5 and God is faithful! The increase in cost of living has caused us to rearrange - cashed in a 401K because it was losing so fast, and am using it for family dental work required so we won't go into debt. We aren't able to save much at the end of the month, but I'm working on that. It's tight! But I won't stop bringing the tithe and giving when I feel impressed. We're on God's economy, not the world's, and I think that is most important to remember right now.
@@dianeandjesus so sad you’re having to sacrifice retirement money. Hope you are able to return to investing in 401k soon
@@dianeandjesus probably a good idea on your part. Buy Bitcoin and get out of the system
As a people and government, we cannot spend our way into prosperity.
If we could, every civilization in history would have done it.
Try telling our current president that. Joe Biden's idea on how to curb inflation is to print up more money and create more useless government services.
Be productive
Live wisely
Be disciplined
Live simply
No but that’s not going to keep us from trying. On average fiat currencies last about 30 years before becoming worthless. We have had one for over fifty years we are living on borrowed money & time. AOC is a prophet she predicted the triumph of MMT .
Dave Ramsey's baby steps changed my life. Been debt free for about 6 years and I haven't had a worry since.
Buy his baby steps and follow the plan....it will change your family tree.
Thanks Dave
@siamand zandi that's the literal point of his program. You should watch the videos or read the books. It's a road map for that plan
@@yellowsnowman9157 I think you got whooshed. I believe he was pointing out the hypocrisy of Ramsey wanting people to live below their means and cut out wasteful spending while expecting people to give him money for things that should be common knowledge. Dave Ramsey did not invent money management. He just gives elementary personal finance advice and charges a fee for it.
@siamand zandi, you can check out his books from the library. That's what I did, what I had to do
@@matthewphillips5483 that's not what he meant at all. Read his follow-up response
Joe's doing a wonderful job running America right off a cliff let's go Brandon
Way better than trump that’s for sure
@@tomlocke3294 I guess you love inflation. Donate some of your excess stash.
@@tomlocke3294 Enjoy the red wave Dems. Biden/Harris treasonous actions will have the tried & convicted for putting the American people & America at risk. FJB
@@tomlocke3294 You must be a suckered for punishment
@@arielsea9087 He probably doesn't have a job and lives with his parents.
Brittney found a new country for 9 years that is not the USA she claimed to hate, what beautiful news for all patriots.
Lol! I feel the same way
What does this have to do with this story?
@@janeflip1 thats what I said too but I've also had TH-cam glitch and a comment I meant for one video, ended up on another when I clicked the other video... that could be what happened here too.
Hope she does the max at her new home for 9 years. Karma has everyone’s address.
My wife and I are debt free because of Dave's teaching. It's one of the best moves we've ever made.
Dave Ramsey is a blessing! He has helped SO many, myself included.
Hear hear to that
Dave is a very, very wise man. He embarrassed me into being a responsible adult.
Except when it comes to the Great Reset…
He is very wise. Problem is, authority. If a husband puts his foot down and tries to tell his wife "we need to spend less because of inflation" or "we need to lower our lifestyle to avoid the debt" then it is LIKELY that the marriage will end in divorce. That is what is likely to happen. And that isn't spoken very often on Dave's show.
You can't do the baby steps if only one person in a marriage is willing to do it. And you can't reduce the debt if at least one person in the marriage is thinking that (someday) they will be dead and it wont make any difference how much debt they have!
Marriage is a mistake
@@newlifelodge poor choices in a spouse are a mistake
@@paulcolburn3855 Have you taken his courses? He's pretty clear about the Budget being a team task, not an individual one. When both parties have the big picture staring back at them in black and white, it's much easier to be on the same page financially and avoid any confrontation and fighting. If both parties can't come to an agreement about the best financial course to take for the family, it's better that they go their separate ways. They aren't united and are moving in different directions aka growing further apart. Might as well rip the band aid of and be done with it.
It's always WE have to 'lower our lifestyle'....Never the criminals, WHO MOST OF US DID NOT VOTE FOR. They NEVER do without ANYTHING, do they?
AMEN! They have stolen from us.
I think Dave was referencing people who are living beyond their means. As he was saying you can’t continue to have more expenses than income month after month without it catching up to you. You’ll actually have a better lifestyle not stressing about debt by living within your means, even if it means not having the latest gadget or new car.
Yup they don't eat rice and beans day in day out like they tell us to do 😒
Well said and so true.
@@zolozek3327 Rice and beans can actually be quite good if you have recipes and know how to spice it up!!!😬
Dave, I'm happy to report, I'll be debt free by 2023. Your advice is a blessing. And I'm doing better than I deserve.
Hell yes, stay the course!
You can do it
Department free? Why did you have department in the first place?
@@matthewphillips5483 Good call. Long month on the road. Just got home. Thanks.
Anything else you want to knit pick?
Once you learn how the Fed works you will never want to borrow a dime.
Because of the fed, we all owe money
The creature from Jekyll island, outstanding read
My long deceased father had two sayings that pertain to this situation.
The people in this country don’t understand the difference between want and need.
It’s not the money you make but the money you save that matters.
My dad says “it’s not what you make, it’s what you have left over”.
People like to get items that they think rich people own, even if they can’t afford it! It won’t make you taller, lighter skin , smarter or younger…. It will still be you, with a $4,000 dollars purse in your poor little closet section 8 apartment.
It’s a better idea right now to probably invest your money in essential things. Like property or something. The dollar is losing value every day in this economy.
Every dollar you don't spend is a dollar you don't have to make or borrow.
@@ralphholiman7401
Well with this economy the dollar is losing value day by day. During a good economy you would be totally right. But right now...the longer you hold onto a dollar the less it will be worth. That’s why people need to understand investing as much as they understand saving.
However, the choice to do what you will with your money is on you. I never want to tell one how to spend their money. Just my thoughts.
Knowing when/what/and how much to invest and knowing how much to save is important I’d say.
Fuel has increased 75% not 9.1%
Hope everyone’s doing better than they deserve!
Just wonder what is it that they deserve??
I am! Thank you
Got out of debt 20 years ago and never went back.......now retired I can survive on my pension.......not living fancy but at least I can feed myself and pay my rent
That is great. Hopefully things don't get so expensive that you can no longer do it.
Rent is a debt sir. As long as someone can make you homeless it's a debt. Like property tax. Unfortunately.
Debt at any time is bad! Credit card spending is something we can each control. No one has to own a vehicle with all the bells & whistles, or live in McMansions beyond your means. Backyard pools, outdoor kitchens, media rooms, extravagant vacations, etc. aren’t required for a quality life.
Credit card spending…that’s like putting a bandaid on a shotgun wound. Bottomline is the government is not being held accountable for spending and laundering money.
@@___.__._.Ayla._.__.___ I don’t hold the government responsible for personal debt. It’s the only debt we personally have control over. It’s like narrowing from Peter to pay Paul. Credit cards give you permission to spend money you don’t have. Not Uncle Sam’s fault.
I'm almost completely out of debt because of his teaching.
@Carl G thank you, I appreciate it.
Which means that you are still in debt.
@@kngjoea3743 .....and every single day, one day closer to being debt free than someone who isn't working on it. Congrats to Blue Boat and keep up the great work!
@@anyviolet ...God, you people really need to start thinking for yourselves. He got into debt to begin with because he's an idiot, he's not a hero for paying down debt.
Great! Keep on going. Debt free is a most amazing way to LIVE WELL and to be able to help others.
Getting out of debt was a struggle but the peace of mind we feel makes it all worth it
Everyone should watch and implement his process!
I agree totally. The peace, especially now, is more than worth the struggle and sacrifice.
Following Dave Ramsay's advice, resulted in, impressive, results for my household. 💯👏
Never shutdown the economy ever again!
They need to open up the ports. The cargo ships are sitting out there waiting to get unloaded but the unions won't let the stuff move.
We all know it's way higher than 9.1% inflation, Dave.
items that I would buy 2 years ago for a dollar I now pay 1.29 for what does that tell you. 1. Inflation is Higher that what they are telling us
Liars, all of them...
I love Dave . Amazing that you had him on
I like Dave's perspective on alot of things but he doesn't seem to think house are going to drop in any substantial way. I think he may be wrong
@@thomasnader7065 He doesn’t believe the Great Reset is a thing either, so…
I remember at one time I had $46,000 in credit card and college loan debt. Dave Ramsey talked sense into my head and motivated me to do the right thing. after saying goodbye to Mom and Dad, 🙄🙏 I took the estate I inherited and knocked out the entire $46,000 in debt I had and now today I'm glad ;looking back on it, that I did just that.
So you had to have your parents die in order to pay off your debts? Exactly which part of daves plan is that??? If it really is something he teaches, all the more reason to ignore him...
If you put the same 46,000 into gold silver or the companies that mine them or even just stocks you would have been a lot. Better off & would have had plenty of money to pay off the debt if you wanted to but why bother let inflation wipe it out
@@charlescasaburi5333 Well I was I supposed to know that the stock market was going to the moon !?
Stock market all speculation. Drop of 60-80% coming. Pension funds money is all gone... usa canada UK all going broke
You did good. Don't worry about the shoulda woulda coulda stuff. Someone is always going to come on and say you should have done something else.
That man once said something along this line, the worst thing you can do is put your grocery on a credit card. You'll endup paying twice for the items you just bought. I am debt free thanks to the advice this man gives. Sure you have to tailor it to your life as you go and you'll see the results.
Easy talking, but when you are pushed into just tapngo and have to pay more to use cash, credit card debt is becoming compulsory.
@@karenharrison885 I've been at the bottom of the barrel. It's not fun, specifically when you are close to losing everything. But when dedication, sacrifice, hustle and desire come together, there's nothing that can stop you to get out of the bottom of that barrel.
"WE DEFEATED THE WRONG ENEMY!" Now they're destroying us from within
"You will own nothing and be happy." Klaus Schwab, WEF, 2021.
Xrp
Er nope...... There IS happiness in financial security based on Christian teaching, but this is security based not on credit and debt but owning things - a simple principle, which is often too simple for too many to understand.
When the bubble bursts , it will be worse than the depression and 2008 put together !
But of course Wikipedia changed the meaning of recession over the weekend , so everything will be okay !
🤣
Wikipedia is an source edible by anyone, and isn't even recognized as an reliable source by any person with an little bit of education or authenticity to their work.
Globalists want CONTROL of your MIND !!!!; MEDIA !!!! LoL
One could eat Wikipedia? Don't tell the government. They'll try to fix it.
@@Explosivedynamjte32 um, it was a joke 🤪
I listened my wife and i don't have any debt if we cant pay cash we go with out. House is paid for cars all paid for. trying to follow Daves advice and save now so when i hit 65 i can retire semi comfortably
Wrong !!! Inflation will take it ALL !!!
Glad to have always paid cash for everything I have.
Pencils and paper plates are cheap.
You are smart.
Me too. Whatever I put on my card gets paid off immediately
Paying cash is retarted.. use your CC and pay in full every month. Get some cash back
@@steveestebon2079 said every credit card company always
ITS SICKENING SHAME ON THIS PHONY ADMINISTRATION
The current inflation situation is global, as in Europe, Asia, etc. Does this administration rule over those continents, too, or are you perhaps a little off in your assessment?
@@lazynorse5607 completely agree! I don’t think people realize this.
Too many people sees credit cards as free money instead of a loan
Dude I’m only 20 and it’s mind blowing how uneducated parents (even my parents) were about how credit works and how not to accumulate debt
@@AlbertKimMusic I hear you. The only plastic I got is a bank card that’s also a visa debit card
I had a friend (now ex-friend) who argued that he could afford something because the monthly payments were so low. He didn't realize he was screwing himself with interest to get those "affordable" payments. Years later he begged me to lend him $1500 for rent or he'd get evicted. I felt sorry for him and loaned him the money. He promised to pay me back. That was 5 years ago and I never heard from him again. I grew up with this guy, we were friends since 5th grade.
it is free money? i can max out $100k in cards and buy whatever and never pay it back...woo scary... guess who gets that bill. you do as a tax payer. also thanks for the loan forgiveness
@@lolwtnick4362 lol blackpilled and based.
Dave's the man, have a mortgage but other then that, zero debt
I am debt free including car and home thanks to Dave Ramsey's' teachings. Life and living so much easier.
There are so many things at the stores that have doubled. This is the worst inflation I have seen. 9.1 inflation, I do not understand how they came up with this. It feels like at least 30% overall.
You are correct inflation is atleast double what they say ask any Biden voter two name 3 things that are cheaper now than when he took office crickets
Inflation is a lot higher, they just lie about the numbers.
No downturn has ever really affected me that much. I'm struggling already right now and it's supposed to get even worse. I don't know how I'm going to make it
Get the Dave Ramsey books from the Library! Check out Total Money Makeover!
Zero credit cards, zero loans and zero debt. Funny how that works.
Who the heck got a wage increase?? I keep hearing about this phenomenon but I've yet to see it..
I got 1% COLA😢🤣
I got 20 percent, but it was because we got new management.
But consumer spending is strong?! Give me a break. So glad that I took better control of my finances before all of this.
“Too much month left at the end of the money.”
People are mad as hell period,Iam not scared just pissed off.
Nice but many don't have that choice. What needs to happen is for Americans to demand that their political leaders stop the spending and bring inflation down. Let's hope and pray for everyone to see the light and do the right things for everyone not just themselves. My opinion
Everyone has "that choice"
INFLATION WILL NOT BE COMING DOWN ENOUGH TO MAKE A SIGNIFICANT DIFFERENCE.
@@rogerdorsey7823 eventually there's deflation
Everything is higher than it was 2 years ago. Except a person's income.
My company gave us great raises for the past two years, but this year things have tapered. I'm still doing well, but if this keeps up for like 5 years, it could get a bit tight. Because of that, I've been reserving at a rate of about a month's expenses per month, so that I can cover challenges that come in the future.
It's also good to stockpile where you can, so that you can buy the things cheaply today that will inflate tomorrow.
Great interview, thank you. I taught Ramsey's course for several years, and it works. Inflation is what is hurting Americans the most. It is an evil tax on the poor, middle class and retirees.
Until the FED urged on by government spending stops printing fiat currency we will witness more pain and hardships throughout the land. Things in America are getting worse by the day, and our leaders are not responding to the concerns of the people...
Dave is the GOAT! Saved my family’s life! Changed our Mindset! Did FPU in January of 2020! Timing is everything!
"I can't afford to buy it for $100 so I'll use my card and pay 25% interest, too. Yeah, that'll beat inflation!"
You could be a harbored economist brilliant
In Asian culture, if you borrow money or asking someone a favor, you and your family will become their slave (both ideology and physically) that person or organization that you own a favor or loans. I paid off my debt as soon as I was fired from my long term job.
he's so right, took a course all based around his books and video teachings in high school and a lot he said has stuck with me, no matter what moron is in office personal debt is a personal problem. live within your means. my little golden rule is if you can't afford 2 then you shouldn't buy 1.
I LOVE THIS MAN WENT THRU HIS DEBT SNOWBALL AT MY CHURCH BAK IN 2005 and everything he stands for ABSOLUTLY is TRUTH!!
TRUTH!!
He's the reason my house is nearly paid off. His program should be taught in every school in the western world
How do you maintain a household on min wage and several jobs while prices are way above norm? you start spending on credit, you use credit to fill the gaps and yes its not the right way, but try telling that to the people who are struggling.
Read the book, Total Money Makeover. Get it from the library. Like I did, earning $10K a year.
1:07 "You can't keep borrowing like you're in Congress."
"It hasn't stopped them yet."
Correction - WE haven't stopped them yet. We just keep voting for them!
Because of the media and destruction of the education system …it’s all by design
Does voting even work? Or is it the vote counting?
That's partly because 47% of Americans pay no federal income tax. They're more than willing to vote for politicians who will spend other people's money. Unless the system is changed to no taxes, no vote, which is unlikely, the borrowing and spending will continue.
@@scrout Unfortunately, a bit of both.
But even in primaries, where there *should* be less corruption, people favor the same old corrupt candidates.
@@darylfoster7944 Good point. I've got mixed feelings on it though because I grew up poor but my parents voted AGAINST handouts because they wanted decent jobs, not food stamps.
I like to (maybe naively) believe there are still others like that out there.
20 years ago I came into 60 thou and. I paid off my five or six credit cards and then cut the cards into little pieces. I have then and have now ONE DEBIT CARD and when I buy something it is paid for that moment. Never again.
We downsized our home to something more reasonable and further from town. We drive older cars that we own outright. We budget every month.
Inflation sucks but for our household, it’s just a matter of how much we can save not ‘which bill do I have to go delinquent on’. Our mindset shift has substantially changed our family’s outlook and insulated us from the worries of living paycheck to paycheck.
So thankful to tune into this soft spoken wise man over twenty years ago on my commute home in middle Tennessee. Thank you Dave
Yesss Dave ☺️👏🏾👏🏾👏🏾 I’ll watch the news for him haha
I've never had a credit card. Never will. What's happening in this country is absurd! We need to stop it!
You can make money with the right card AND discipline. Amazon's card for example gives a solid 5% cash back! You just have to do do your homework and pay off each month on the spot.
Im glad Dave said this
Years ago I worked at a huge Ford dealership in Nashville. I learned more on that hot pavement than would be possible in any class. I agree with Dave on 99% of his teachings.
I still buy PMs .
Trump: Household income up $3500. More than during Bush Jr and Obama combined.
Biden: More households living paycheck to paycheck.
But...but...but no more "mean" tweets.
My household flourished the most under Bush Jr. Income went down under Obama and stayed the same with Trump. The big difference b/t the 3 was the racism under Trump’s leadership. I’ve never seen a country so divided. It doesn’t matter who’s in office because prayer is most definitely needed in this country
The federal government has gotten far too big. We need a massive reduction in Government spending or else the government will fail and Americans' standard of living will drastically decline with excessive tax burden to businesses and individuals alike. Every single government job increases the burden on every non-government worker. This expansion in DC is UNSUSTAINABLE. I have had to cut back on "luxuries" like hamburgers instead of steak, so should DC!!!
Pure facts! If Sinema oks this bill Manchin just caved on then the IRS will unleash misery on small businesses everywhere.
Too late
I have more government workers on my block than private sector. It’s a huge problem. I’m paying part of all their pensions healthcare and wages plus my own. This is ridiculous at this point and they provide zero benefit to me. 65% of my salary is chewed up in taxes and providing for my own families healthcare and our retirement.
@@michaelmeathammer5688 Preach it because that's facts! More taxes and big government means more waste and more hassle.
@@KB-tu4zw tons of waste. Nobody cares because the tax money keeps rolling in endlessly. I just received a bill that I’m told I will get for the next 3 years for the county to cut down dead ash trees along a drainage creek. Apparently that wasn’t included in my property taxes. They’ll get 150k from residents to remove some ash trees. Really? Extreme waste. M left with 35% of income to pay mortgage, car, property taxes, energy, food, etc etc etc. Fing nuts.
Love Dave! Thanks
Dave's advice is out of this world :) When my wife and I married, we went to his live event, which set us on the path to success. Thanks Dave!
Hey Dave, remind Brandon that you can't borrow your way out of debt. Thanks!
@@Steven-ol4vo "TrUmMpP!! ReEeEe!!"
Excellent Pavlovian response! Doggy get a treat now! 🐶
@Roger Murphy And just LOOK where we are today. 🤣😆🤣 FJB
@@Steven-ol4vo 😭😭😭😭😭😭🤡🍼🍼🍼🍼
@@Steven-ol4vo Pavlov's dog says "Arf!" 🐶
@@Steven-ol4vo Who's a good doggy?
STEVEN'S a good doggy!
Pavlov's dog says "ARF!"
🐶
A person who has no debt, is rich!
You obviously don't know his story
Some of us listened and are very grateful we did. Thanks Dave!!!
We took Dave's finacial peace course 8 years ago. We got rid of the credit cards. Paid off all our debt and last year we paid the house off. Thankyou Dave
We've been debt free for 9 years, thanks to Dave.
Sounds like you didn't do a thing. He gets all the credit?
@@stevenhart2824 We did plenty. Followed Dave's baby steps.
@@simonsnaplick895 You deserve the credit , not him.
@@stevenhart2824 Thanks, but I am giving him credit for his plan and encouragement. It worked for us.
We have a culture built on keeping up with the Joneses. We want more and more and more. Stop the madness.
In the early 80's when I was a kid my mom bought many of our clothes from garage sales. My first couple of bikes were used. We didn't have a monthly cable TV bill. When I wanted something I had to earn it unless it was my birthday. If we got fast food once a week it was a rare occasion. None of us had cell phones. There was no amazon truck and I think I saw UPS pull in our driveway twice. I didn't know what was a fashionable brand of shoes was because I was just glad I got a set of new shoes at all. Our family cars were paid in cash. If they were broke Dad and I spent hot summer days under them until they were fixed. We weren't poor. I knew kids worse off than us. People just weren't entitled to a lifestyle back then and if you couldn't pay your bills your name on the bounced check was pinned at the cash register for the rest of the town to see. For most that shame kept them from spending outside their means. A lot of that is lost today.
Used his material for an alternative hs I taught at. Good results!
How can Dave be so smart about money, but still deny the Great Reset?? 🤦🏻♀️
He is "willfully ignorant."
He is probably one of the investors
I learned long ago that credit card debt is something you will live to regret. I will never put myself in that situation again.
Dave your the best.Thank you for your knowledge!
Listening to Dave's message got me out of debt. I've been living debt free since 2018 and it's incredible! And no, we don't make that much.
Daves been right for decades, cash is king
Dave is wrong about the details though. He told people to sell their gold before it went parabolic and hit record highs. He also advocates managed mutual funds over the SP500 even though the latter almost always outperforms the former. Even more so when you consider that managed funds take a fee whereas the SP500 ETFs do not.
Dave also was wrong about the 2008 housing crisis and has said "real estate doesn't go down". Even once the Great Recession happened, he said "only once has real estate gone down and it wont go down again". It is like he learned nothing from his previous mistake. Also, his cult followers never call him on his BS.
Dave doesn't believe cash is king. He thinks, outside of an emergency fund, people should be near 100% invested in stocks (managed mutual funds from firms he associates with; SURPRISE! He gets a commission!)
He is against bonds and has never told people they should max out I bonds even though they are paying 9.62% of guaranteed yield right now.
@@matthewphillips5483 wrong
@@matthewphillips5483 uhm yeh i think i'll take advise from him, iv'e done well with dave
People want their gadgets and don't want to change their lifestyle...
Great Words
Love this with Dave Ramsey!!!!
Love Dave!
" crash" of 2008...how sightless. The housing market was artificially inflated due to the end of regulation on mortgage qualifications. Profeting the greedy property tax collectors and broker/realtors ONLY, while being single- handedly, the biggest contributor to the decline of life in America ...when those dumb enough to buy these over priced houses, contributing to the crisis ( if you don buy into it, it will correct itself, but the more that buy into it, the more it stabalizes into " a thing") ...those that did and then couldn't pay their mortgages lost their homes,, causing a " crisis" of tax dollar bailouts and the housing market slightly correcting itself...It hasn't corrected enough people! Wake up! We need regulations on mortgages. They need to be 30 yrs and limited to your expenses of mortgages/ insurance/ taxes not amounting to mre than 30% of your income. That will reduce the cost of housing and bring back a much less stressful and homeless America. I would add that property taxes have got to go! Does that mean the services covered by property taxes will go? Not at all, it simply means that the gov. Is not our landlords! And they cannot raise the "value" of our house. To whatever suits them and force any property tax they want on us and even if we paid off our mortgage for 30 yrs, they can't take our homes because we can no longer afford their tax on it...which makes farmers and senior citizens forced to loose the land they've owned for generations and forces us out of retirement and into senior care facility he!!..which is in large part gov. Funded! So they put them in there due to them being unable to pay taxes, then spend more then they had to gain on keeping them in there🤔 What we really need is an end to sales tax as well, because everything is bought and sold, its a constant picking of our pockets. And end to putting annual excess of our social funds into bonds that can only be used by the gov....making them more hidden tax theft and reducing availabilty for the social programs to serve their purpose! ( thats a whole different conversation) bottom line is the taxes pulled in by our government needs to be transparent and predictable. It needs not to punish people for keeping their homes nice. Having disabilities or eliminating the possibility of retirement, and the way to do that is a flat tax, with a ceiling of 30% of our total income and it needs to be limited to that years earned income. Think of how our manufacturing can return to America, because the buisness owners have no tax deductions. They pay the same flat tax that we pay, but they only pay it on their personal earnings, they don't have to pay it on gross buisness income and then pay all the costs of the buisness out of whatever is less...which isn't much. Trump lowered their tax load to 32% and everone had a fit. Think about it. All the overhead of owning a buisness,; employees etc, but you have to pay over 32% of what it takes in to the government first...and then you are supposed to pay taxes on you actual income from the buisness! It will help everyone if we go to a flat tax with a ceiling. Maybe 12% to fed and 18% to state & local taxes. Get the housing mkt under control. Eliminate all the confusing tax forms n dedunctions etc...and the IRS harrassment and excessive fee theft! We can do this people, we can take charge of this out of control government! We may never actually have representation by our elected officials, that actually are just faces of the oligarcs that give them millions in lobbying etc to do their bidding, but we can control how much they infringe on us.
Dave says no more than a 15 year mortgage.
Don't forget apartments am paying $1,445 for one tiny apartment in a shitty neighborhood. Investors are buying and jacking up the prices, this should be against the law.
TODAS ESAS SON MANIOMBRAS SIN MIS CONOCIMIENTOS REALES ,SON PURO FRAUDES Y MUCHOS TENDRÁN POR RESPONDER CON LAS JUSTICIAS DE ESTE PAIS ,COMO PUEDE SER QUE EN UN PAIS ,TAN IMPORTANTE PARA EL MUNDO ENTERO COMO LA GRAN POTENCIA DEL MUNDO ,EXSISTA LA MAFIA ORGANIZADA PARA DE MANTELAR LOS BIENES QUE REPRESENTAN EL PATRIMONIOS DE LOS E.E.U.U DE AMÉRICA Y QUÉ OTROS DELINCUENTES DIFRASADOS DE FUNCIONARIOS DE CORBATAS ,LE ESTEN ROBANDO A LOS CONTRIBUIDORES CON SUS BENEFICIOS ,QUÉ DECLARAN SUS IMPUESTOS Y NO SON DEVUELTOS SEGUN LOS MECANISMOS ESTABLECIDO POR EL IRS.Y LA ADMINISTRACIÓN DEL SOCIAL SICURITY, NO TIENE POR QUE EL GOVIERNO FEDERAL, RETENER POR MUCHO TIEMPO ESTOS FONDOS ,PARA QUÉ OTRO PONGA DEDUCIONES, QUÉ NO ESTAN AUTORIZADAS FUERA DE LAS AGENCIAS FEDERALES DEL IRS Y LA ADMINISTRACIÓN DEL SOCIAL SICURITY, ESTOS SE CONVIERTE EN DELITO ,A SI COMO TAMBIÉN LAS TAXES SON IGALES POR EL SERVICE ,QUÉ DIRIGE EL RANDY ,MUCHOS SE AN VUELTO RICOS A MIS COSTILLAS DE MIS BENEFICIOS SIMILAR DE 119MIL CASÉS RÉCORD Y MIS DEMANDAS COLECTIVAS, YO LLENARE LA CARCELES DE GUATANAMO, PARA TODOS LOS CULPABLE MIS BENEFICIOS SIMILAR DE 119MIL CASÉS RÉCORD, AN TENIDO UNA ESPANCION A CONSECUENCIA DE LOS BIENES DE CORRUPCION DEL GOVIERNO FEDERAL, ESTAS ACUSACIONES LAS VOY HACER FORMAL EN UNA DE LAS CORTEZ MAS CERCANAS A MI DOMICILIO POSTAL ,SI PARA ESO ESTUDIE LEYES Y LAS DE MÁS MATERIAS PROFESIONAL QUÉ YO CONOSCO PARA MI CONOCIMIENTOS SECOND ESTIMULÓ CHEQUE PROTECTO AMÉRICA PROTECTO AMÉRICA PROTECTO AMÉRICA, JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA, NO MÁS INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA, CARLOS RUBEN BALTODANO EL HISPANO JORNALISTA GUARDIÁN NACIONAL E INTERNACIONAL INDEPENDIENTE SOCIALISTA, ME MOVERE ASTA EN BICICLETA PARA LLEGAR A LA CASA BLANCA ,AL CONGRESO NACIONAL Y AL DEPARTAMENTO DE JUSTICIA, PARA HACER JUSTICIAS Y NO VOY SÓLO VOY CON UN CONTIGENTES DE ABOGADOS Y TAMBIÉN LLEVARE TODAS MIS EVIDENCIA PARA PRESENTARLA PUBLICAMENTE LOS CARGOS PRESENTADOS SON MUCHOS UNOS DE ELLOS POR SOMETIMIENTO , ENGAÑOS Y MENTIRAS ,VÍCTIMAS, FRUSTRACIONES ,MANIPULSCIONES ,DAÑOS Y PERJUICIOS, INJURIAS INJUSTICIAS ,RESTRICCIONES Y FRAUDE ,POR LAS LAS DEDUCCIONES ILEGALES QUE ME ESTAN CHANTAGIANDO POR SEGUIR ROBANDO TODOS MIS BENEFICIOS SIMILAR DE 119MIL CASÉS RÉCORD, QUÉ YO MISMO TRABAJE POR MÁS DE 18 AÑOS DE TRAYECTORIA LABORAL Y QUÉ SOLO RECONOCEN DIEZ AÑOS EN LA LEY INDIVIDUAL, PROCESADA POR EL SENADO NACIONAL Y FIRMADO COMO LEY INDIVIDUAL EN MARZO DEL AÑO 2020 ,POR EL EXPRESIDENTES DONALD TROMPS. YA SIN MAS DE 2 AÑOS DE RESTRICCIONES IMPLEMENTADAS ILEGALMENTE POR EL GOVIERNO FEDERAL, EL TITIRETEO Y LA AMBISION DE SER POBRE Y VOLVERCE RICO ATRAVES DEL CARGÓ ES UN DELITO INLICITUD EN CUALQUIER PAIS DEL MUNDO NADIE SEBA SIN PAGAR EN ESTE MUNDO ,POR QUÉ TODA ATADURA QUE SE REALIZA EN LA TIERRA, EN LOS CIELOS SERA DESATADA Y NO HAY PERDON DE DIOS PARA NADIE .EL SEÑOR JESUCRISTO AMEN PONDRÁ EL CASTIGO CORRECTO ,PERO ANTES DEBERÁN SER CASTIGADOS CON LAS LEYES DE LA CONSTITUCIÓN PARLAMENTARIAS DE LOS E.E.U.U DE AMÉRICA Y PARA SER PUBLICADA POR LOS MEDIOS INFORMATIVOS COREDPONDIENTES ,POR QUÉ TODAS ESSS DEDUCCIONES ILEGALES QUE ESTAN HACIENDO SON INCONSTITUCIONALES Y DEBEN SER CADTIGADOS TODOSOS INVOLUCRADO SOBRE MI CASO # 512 LEY INDIVIDUAL SECOND ESTIMULÓ CHEQUE, PROTECTO AMÉRICA PROTECTO AMÉRICA PROTECTO AMÉRICA PROTECTO AMÉRICA PROTECTO AMÉRICA, JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA JUSTICIA, NO MÁS INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA INJUSTICIA, CARLOS RUBEN BALTODANO EL HISPANO JORNALISTA GUARDIÁN NACIONAL E INTERNACIONAL INDEPENDIENTE SOCIALISTA.
I see more people renting now than ever. My neighborhood is 40 t 50 percent rentals. The banks are turning down plenty of applicants. You will own nothing and you will be happy...
@@ningxiawolfberry Too much too fast can be as bad as doing nothing...
I’m a millionaire and almost passed out from filling up my truck!! What a quack!! He has a lot of good advice but a lot of it is unrealistic for everyday low income families
That is why he preaches baby steps. Every tiny bit helps.
I sure like this show and Mr. Ramsey's opinions and observations. My simple question is; why are the marxocrats not pushing wind powered or solar powered vehicles? Seems a logical extension to me.
So great to see Dave here.
Its getting rough out there.
Those people are WAITING for ANOTHER Government Check and Business loans
Paid for by the Federal Reserve's magical ability to conjure debt out of thin air.
Interesting listening to millionaires talking about how peasants are trying to survive.
Dave always tries to tell the peasants how to stay afloat! He's trying to educate the stupid 🙄
Agreed. Dave’s the best they’ve got? The bank is not your friend, but Dave’s not your friend either…
@@sarahbethbays6532 lol, what? What are you talking about?
Follow his words and get out of debt. Continue to follow them and stay out of debt. What's hard about that? The only thing you need to succeed is character and restraint.
@@funonoldwheels7150 why is it only dave? it's the very old snowball, envelope, separate accounts trick. you act like he's a savior.
Scared? they are not scared if those millions of people keep buying with credit.
No...a lot of young adults have no clue what a bank calling a note means. I didn't either 1998 until it happened. It's scary when you have a vehicle half way payed off and your original lender sells the note to another bank and that bank considers you subprime to be lending to and call your note..Meaning cough up the remaining balance in 30 days or we repo your vehicle. We had to go and refi the vehicle at the bank for a higher interest rate b/c it was already 3.5 years old. Watch out ...it's coming
I listen to Dave Ramsey Show at 92.3 KTAR Phoenix Arizona
Why does the IRS need 75k armed employees??? Why was a pallet of small arms shipped to Wilmington Delaware From a Serbian arms dealer that was banned???
In other news , Alex Jones is in some deep do do
It's a set Up !!! Your text are not private either !!!!
Great having Dave on…….. thanks
Almost nobody listens to Dave until it's already too late. Best thing I ever did was listen to him.