I'm 17 taking the dave ramsey curriculum in school and listen to him sometimes on TH-cam and I'm super excited and plan to retire with a few mil in the bank lol 😆
Baby step burnout seems like for those people that don't stop stressing over money. I'm passively following the baby steps, meaning I created a plan to pay all of my debts off and then I set it on cruise control and live by the budget I created. I literally don't even think about it anymore. Anytime I have a question, I refer to the budget, make an adjustment if I need to but most of the time I don't. Autopilot is key man.
I also "autopay" my savings (manually). I'm out of debt but I need to keep adding to a reserve account for car maintenance and repairs and the emergency fund. So the FIRST thing I do every month when I receive my social security check is to transfer $150 from checking to savings (online). Quick, easy, and I forget instantly that I even had it to spend.
I am at step 4,5 and I just found out I am going to be a father. It can get stressful. But I am glad I am atleast out of debt with an emergency fund before the first kid is born.
Thank you for this. I’m exactly where this man is at. Dave you’re a wise man. “Intensity to intentional.” Beautifully said. I’m so glad this video is here. Thank you.
This sounds more like life stress than baby step burnout. He needs to sit down and figure out what he can do for himself amid this pandemic, and take some time/money for his own well-being.
New parents have been going through the same motions as him since time immemorial. He needs to break up the monotony. Get kids outside. Get them tired. A tired kid is a good kid. It’s just like a dog. If you take your dog for a daily walk for several miles, it will be the best dog. Simple as that.
I'm right there with ya, dude! working from home w/a 10 month old is tough, and he's got a couple. time management and intentionality is so important. schedule time for the marriage: dates... ALSO: exercise.
It should be titled *I'm dealing with baby burn out 🍼 A lot of people deal with it. It's a hard but so rewarding season of life. The mundane 18-25 years go by quick. I agree with Dave, have a fun fund. You need it.
I’m glad I’ve heard this! I’ve been doing bean & rice! Hard core for around 3 years! It’s nearly broken me! I’ve got £75k left ! I feel it’s worth it! But I’m self employed working as a model/ actresss / dancer - I’m scared if my career comes to the end! Because I’ve been so stressed & haven’t been training as I have not wanted to spend the money on it! It wasn’t the best booking season. Which has made me nervous! I wish I knew abit this earlier ! In my 20s as I woukd if given me a lot of time to do this! Getting rid of a mortgage is so important! I need a break tho & holiday, I’ve been too stressed. Been In golzel mode is addictive. I came out of a relationship 3 years ago & threw myself in work feels like I havnt stopped since
This is exactly what I've been feeling. Dave has you going at gazelle intensity for abt a yr, paying debt and saving, then you get to BS4, and it's like "What's next"? You can't spend all day watching your 401k balance. The only math is budgeting every month, but I'll take it! 🤷🏾♀️
But keep it to a minimum so you can pay off your college and house. No reason to take your foot off the gas no matter what Dave says. Dave does not seem to comprehend that some folks just spit at the idea of letting up after baby step 3 and he really needs to get it together.
It’s hard to focus on your financial future when your’e not enjoying your life at the moment. Keep doing what your doing but try to have some fun once in a while.
@c v Hey I appreciate your willingness to not defend your initial statement. I agreed with your initial statement and then I read his and I agreed with him too. We need more people like you to actually consider what other people say and be willing to change our opinions because of their opinions.
2-3 kids is fine I think but when you start having five or six kids like people I know, and then they're struggling financially I scratch my head as to why their having that many kids.
We have 9 children. Everybody made fun of us for having a big family. But they are the greatest gift of all! We still live in our old home. We still have used appliances and very used cars. We will never be "Everyday Millionaires", but we have enough to live on. We go on plenty of vacations, even though our yearly income was never more than $48,000. My husband retired fairly early, because his back was hurting from his occupation. We never had a car payment. Almost all our children have college degrees, and everyone takes care of their own homes/families/bills. You don't have to stop at 3 kids. We are very blessed!
You must have to love kids because to me, I just feel like they would be burdens. I mean I have not had any of my own yet, but just looking at the financial side of things and how I struggled through life thus far; why would I put other lives in that same predicament? Why would I want to have to raise them?
I’m glad I’ve heard this! I’ve been doing bean & rice! Hard core for around 3 years! It’s nearly broken me! I’ve got £75k left ! I feel it’s worth it! But I’m self employed working as a model/ actresss / dancer - I’m scared if my career comes to the end! Because I’ve been so stressed & haven’t been training as I have not wanted to spend the money on it! It wasn’t the best booking season. Which has made me nervous! I wish I knew abit this earlier ! In my 20s as I woukd if given me a lot of time to do this! Getting rid of a mortgage is so important! I need a break tho & holiday, I’ve been too stressed. Been In golzel mode is addictive. I came out of a relationship 3 years ago & threw myself in work feels like I havnt stopped since
This is great! I'm just shifting to these steps, so good to remember that it's a marathon. And, maybe build in some rewards like budgeting for family vacations. We also budget fun money for both husband (motorcycle) and wife (art).
When working from home, a great way to separate work and home life if you have the privilege of a back garden is to build some form of small outbuilding for you to work from and use as an office. No kids allowed. I personally don't do this but have many colleagues who swear by it.
This is always an absurd argument. What are you going to do with your life at 48 that you can’t do before kids in your twenties? There is no need to have kids back to back just because everyone else does.
If you work from home, you need to find a place (Starbucks, etc.), get a nice laptop, and work from there for a while, at least a few times a week. As for the kids, do daycare during those days if needed, just for peace of mind.
110k salary saving 15% to 401k should net $4500-5500/month Where is it going? I’d be curious how much he’s saving towards 529s and what paying on the home.Also how much going to insurance.
The kids are not 'holding him back'; just, as these two wise men said, the season of life that he's in is a tough one. Simple as that. - Soon (and I mean soon, cause it goes by faster than one would think) those "babies" are ready to kiss you good bye!
Build 1000 dollar emergency fund, get on a budget, work a debt snowball paying down smallest to largest on your debts till you are debt free. Second phase: pay down extra on mortgage, invest 15% into retirement accounts, invest into secondary investments in cash. Don’t go back into debt. That’s pretty much it.
A good "splurge" for him right now would be a vasectomy. I had a friend who put a limit after 3 kids but his wife just kept on having oops babies until they got to 6. Then the marriage failed.
I’m not trying to sound like a hater, but I don’t really understand the point of the guests on the show. This is not just about Chris. I’ve also wondered the point of the other guests too. I guess I just value Dave’s advice so much, and I feel like he has the answers and doesn’t really need the help of others.
He doesnt have all the answers. Same as you never going to the same person for advice. Same as you not having all the answers and needing Daves advice. The guest provides a different solution/point of view.
It seems like Dave is beginning to phase over to a retirement of some kind. The show name change, the steady increase in the number and frequency of other personalities the lat year or so... It's a bit of a shame, really. It's totally understandable if he is going to retire/do something else but honestly once dave is gone I'll probably stop listening. I find all the personalities either uninteresting or grating.
So let’s say I attack my lowest form of debt which is my credit card. Do I just stop using my credit card till I’ve paid off other debts and completed step 3? I want my credit to grow and seems like not using the credit card will bring that to a hault
Sigh....so good to have 1st world problems. Take a trip to the middle east, or a non resort area in Mexico. Once you realize how good you have it even in the worst of times here, that wah- wah-wah... I could get burn out nonsense will cease.
I’ve got one child, who doesn’t live with me but visits and I already don’t want any more. Love her to death, but multiple kids is a financial hardship unless you make sacrifices or you have a 6 figure or higher income. Don’t get me started on those families with 8+ kids...insanity!!!
A lot of people's problems would be solved if they just stopped having so many kids. I will never understand the need to have more than 1-2. Everyone I know with 2+ kids is absolutely miserable and struggling to make ends meet.
I mean a big one is that if everyone only had one or two kids we would be even further below replacement rate than we already are. We should be doing everything to encourage people to have LARGER families, not smaller.
@@greenAbbot do you really need to get married to get all the same things from a marriage. If a paper was the only thing making the relationship work then it was a bad relationship
Time to put a hold on having kids, at least for a little while. His plate is full and he’s feeling the stress. This is how a home wrecker sneaks into your life.
Why do people act like they don't know what a condem is...? Kids aren't a mistake. Don't make them a mistake by having kids when you're not ready then acting like it's an accident..........
I sure miss Chris Hogan sooooooo much better than Dr.Douche bag and Jade the know nothing and George the cowardly lion.Rachel and Ken Coleman are superstars thow!!!!!!!!!!!
I'm 17 taking the dave ramsey curriculum in school and listen to him sometimes on TH-cam and I'm super excited and plan to retire with a few mil in the bank lol 😆
Theres no way theyre teaching this in school. Are you foreal my dude? Seriously if you are i want more info
@@MagicRectangle60002 yes, they have program for schools.
Google Foundations in Personal Finance: High School Edition
@@MagicRectangle60002 40% of schools have it
Good luck in your journey
Don't forget inflation so you will probably need a few billion to retire unless you wanna live hand to mouth.
Baby step burnout seems like for those people that don't stop stressing over money. I'm passively following the baby steps, meaning I created a plan to pay all of my debts off and then I set it on cruise control and live by the budget I created. I literally don't even think about it anymore. Anytime I have a question, I refer to the budget, make an adjustment if I need to but most of the time I don't. Autopilot is key man.
wow thank you for this idea, I can’t believe I didn’t think to set autopay up. makes perfect sense
Yup. Repetition and "Auto" as much as you can.
I also "autopay" my savings (manually). I'm out of debt but I need to keep adding to a reserve account for car maintenance and repairs and the emergency fund. So the FIRST thing I do every month when I receive my social security check is to transfer $150 from checking to savings (online). Quick, easy, and I forget instantly that I even had it to spend.
Caller: I’m burning out. Dave: Sell the kids
Oh no you didnt! 😂
Sell the kids, buy a clunker! 😆
@@JCoversH Buy a dog
LMBO
🤣😂😜
"You are running a marathon, you are not running a sprint" Great line! 🔥🔥🔥
Live a little when you need it. Wise words from wise men.
These guys explained it to him perfectly
I am at step 4,5 and I just found out I am going to be a father. It can get stressful. But I am glad I am atleast out of debt with an emergency fund before the first kid is born.
Thank you for this. I’m exactly where this man is at. Dave you’re a wise man. “Intensity to intentional.” Beautifully said. I’m so glad this video is here. Thank you.
Everything in moderation, including moderation..
And even moderating your moderation should be done in moderation..
Cmon David we’re rooting for you brother!
I do not miss the intro music. Nice job guys.
It was really loud😂😂😂
it was painful
I'm glad I'm not the only one! Good riddance loud jangle!
Im so happy the intro music is removed
Yes it hurts my ears cos it is so loud...
lol 😂
This sounds more like life stress than baby step burnout. He needs to sit down and figure out what he can do for himself amid this pandemic, and take some time/money for his own well-being.
He does that and his wife will divorce him quick.
@@wewhoareabouttodiesaluteyo9303 Sad statement on the state of men and marriage in America.
heh....baby step burnout and not the money kind of baby steps.
He sounds self employed like myself - it can be so stressful as you don’t know where your next pay check is coming from
THANK YOU for getting rid of the intro noise
New parents have been going through the same motions as him since time immemorial. He needs to break up the monotony. Get kids outside. Get them tired. A tired kid is a good kid. It’s just like a dog. If you take your dog for a daily walk for several miles, it will be the best dog. Simple as that.
😂😂😂
This or they just build more endurance 😬😂😂😂
I'm right there with ya, dude! working from home w/a 10 month old is tough, and he's got a couple. time management and intentionality is so important. schedule time for the marriage: dates... ALSO: exercise.
No more marriage dates it will equal more kids😭😭😭
Lol... kids are takers... lol. Exhausting little rascals...
This is an important concept on the DR journey. I am in the same spot and it’s hard to stay focused. Danger is no longer knocking on the door.
When boomers laugh together a new millenial is born debt free
😂😂
Best comment lol
You win the internet.
This made me laugh out loud
Millenials weren't born anymore for decades. That latest people of that generation is almost 30.
Those kids need to start delivering pizza.
😂
🤭🤭
7:20 Dave speaks the truth for parents of young kids.
It should be titled *I'm dealing with baby burn out 🍼
A lot of people deal with it. It's a hard but so rewarding season of life. The mundane 18-25 years go by quick.
I agree with Dave, have a fun fund. You need it.
I’m glad I’ve heard this! I’ve been doing bean & rice! Hard core for around 3 years! It’s nearly broken me! I’ve got £75k left ! I feel it’s worth it! But I’m self employed working as a model/ actresss / dancer - I’m scared if my career comes to the end! Because I’ve been so stressed & haven’t been training as I have not wanted to spend the money on it! It wasn’t the best booking season. Which has made me nervous! I wish I knew abit this earlier ! In my 20s as I woukd if given me a lot of time to do this! Getting rid of a mortgage is so important! I need a break tho & holiday, I’ve been too stressed. Been In golzel mode is addictive. I came out of a relationship 3 years ago & threw myself in work feels like I havnt stopped since
This is exactly what I've been feeling. Dave has you going at gazelle intensity for abt a yr, paying debt and saving, then you get to BS4, and it's like "What's next"? You can't spend all day watching your 401k balance. The only math is budgeting every month, but I'll take it! 🤷🏾♀️
Remember to have fun. Remember to fund the "BLOW " category. You need a break from taking the act of saving money to painful extremes.
But keep it to a minimum so you can pay off your college and house. No reason to take your foot off the gas no matter what Dave says.
Dave does not seem to comprehend that some folks just spit at the idea of letting up after baby step 3 and he really needs to get it together.
Enjoy your children. Time passes by so fast. Be present ☺️
Dave: you’re not on beans and rice
Me: impossible.
All these advices are so simple and logical that is depressing to know that the only reason I wasn't doing this was ego and ignorance.
As someone who loves to see progress, I can certainly imagine what this individual is feeling
Agreed! It can be addictive
It’s hard to focus on your financial future when your’e not enjoying your life at the moment. Keep doing what your doing but try to have some fun once in a while.
You're* good advice otherwise.
@@nowthatsurban Stupid autocorrect!
It’s actually very easy. It’s called discipline
Thought I was the only one hitting a tree with a stick to pass the time getting through the baby steps
he wants to quit his job and now with more kids, he feels stressed to make that bacon until he's old.
@c v for some people it is and that’s perfectly fine.
@c v Hey I appreciate your willingness to not defend your initial statement. I agreed with your initial statement and then I read his and I agreed with him too. We need more people like you to actually consider what other people say and be willing to change our opinions because of their opinions.
My money pit is a boat
@@lukemallet916 lol I hear ya on that one
2-3 kids is fine I think but when you start having five or six kids like people I know, and then they're struggling financially I scratch my head as to why their having that many kids.
We have 9 children. Everybody made fun of us for having a big family. But they are the greatest gift of all! We still live in our old home. We still have used appliances and very used cars. We will never be "Everyday Millionaires", but we have enough to live on. We go on plenty of vacations, even though our yearly income was never more than $48,000. My husband retired fairly early, because his back was hurting from his occupation. We never had a car payment. Almost all our children have college degrees, and everyone takes care of their own homes/families/bills. You don't have to stop at 3 kids. We are very blessed!
You must have to love kids because to me, I just feel like they would be burdens. I mean I have not had any of my own yet, but just looking at the financial side of things and how I struggled through life thus far; why would I put other lives in that same predicament? Why would I want to have to raise them?
Rachel is your daughter? Wow, congratulations! She is such a wonderful child!
I’m glad I’ve heard this! I’ve been doing bean & rice! Hard core for around 3 years! It’s nearly broken me! I’ve got £75k left ! I feel it’s worth it! But I’m self employed working as a model/ actresss / dancer - I’m scared if my career comes to the end! Because I’ve been so stressed & haven’t been training as I have not wanted to spend the money on it! It wasn’t the best booking season. Which has made me nervous! I wish I knew abit this earlier ! In my 20s as I woukd if given me a lot of time to do this! Getting rid of a mortgage is so important! I need a break tho & holiday, I’ve been too stressed. Been In golzel mode is addictive. I came out of a relationship 3 years ago & threw myself in work feels like I havnt stopped since
Dave: what are the kids income??
"How much money could you get if you sold the kids?"
😂
This is great! I'm just shifting to these steps, so good to remember that it's a marathon. And, maybe build in some rewards like budgeting for family vacations. We also budget fun money for both husband (motorcycle) and wife (art).
I'm feeling this as well. Funny how I needed to hear it on a video to recognize it.
When working from home, a great way to separate work and home life if you have the privilege of a back garden is to build some form of small outbuilding for you to work from and use as an office. No kids allowed. I personally don't do this but have many colleagues who swear by it.
We felt poor until the kids got off the payroll. Since, then money just piles up! That's 'way in the future for you, but there is hope!
Thanks for replying. I understand your feelings. I do love children.
I just finished baby step two!
Baby step two is the worst step
Baby steps doesn't mean keep making babies
No, you only need to make one baby per baby step, right?
@@christianchristiansen99 It comes after the baby step for retirement and before the baby step to save for a child's college.
😂
😂😂
Babies are the greatest blessing!
Keep on it!!!
I eat rice and beans for fun so this should be easy peasey.
I See what I’m missing.. a group of guys to share my parental stress with
I liked the unison laugh in the beginning!
His stress boils down to the kids he keeps making. 😂
Exactly cover it up or get it snipped 😅
Exactly
Yea this guy is worse than someone that finances a new car they can’t afford.
Because he works at home, soooooo...
Smart people should have more kids. He is doing fine.
That guy needs to be a master at the pullout game.
Exactly!
he couldn't pull out of a driveway
@@valvejob4215 oh snap
I like to spread the burden around and I am going to use the male card. SHE SHOULD HAVE USED BIRTH CONTROL!
🤣🤣🤣
Chris might be my favorite guest on the Ramsey show. "Let your wife get out of the house too! Take turns!" He always says what I'm thinking lol
My first advice to him would’ve been “stop having kids dude” lol
Think about it this way...you will be 48 and your children will be grown!
This is always an absurd argument. What are you going to do with your life at 48 that you can’t do before kids in your twenties? There is no need to have kids back to back just because everyone else does.
If you work from home, you need to find a place (Starbucks, etc.), get a nice laptop, and work from there for a while, at least a few times a week. As for the kids, do daycare during those days if needed, just for peace of mind.
Happy Valentine's day 💘💘💘
Good thing about a burn out is it causes the tires to get hot and sticky to gain traction at the line. Just keep pushing forward
I'm in pretty much the exact situation. I understand exactly what you mean.
It's -27 outside, think I'll stay inside.
Miss Chris!!
I needed this one. Thank you.
110k salary saving 15% to 401k should net $4500-5500/month
Where is it going? I’d be curious how much he’s saving towards 529s and what paying on the home.Also how much going to insurance.
Mortgage, Texas property taxes, kids.
Strongly recommend a cigar lounge, every once in a while!
Agreed
Cancer will definitely ease his issues
Running a entire household on 110k ain't easy. I think he's seeing how much kids actually cost.
Have more kids if you want but take care of yourself
Great question
You cannot cancel the one who won't let you.
The kids are holding him back
Sell the kids
The kids are not 'holding him back'; just, as these two wise men said, the season of life that he's in is a tough one. Simple as that. - Soon (and I mean soon, cause it goes by faster than one would think) those "babies" are ready to kiss you good bye!
Budget for a babysitter!Share time with a friend with kids. Shut off the electronic noise. Amen!
TKO'ed gazelle. Needs a few for support in his corner between rounds. Needs to master minute vacations to really relax. Its a life skill. Respects.
i love u dave
I wish I knew the lingo. I probably do most of these steps. Just don't know the specifics.
If you google “Dave Ramsey baby steps” you will find them
Build 1000 dollar emergency fund, get on a budget, work a debt snowball paying down smallest to largest on your debts till you are debt free.
Second phase: pay down extra on mortgage, invest 15% into retirement accounts, invest into secondary investments in cash. Don’t go back into debt.
That’s pretty much it.
A good "splurge" for him right now would be a vasectomy. I had a friend who put a limit after 3 kids but his wife just kept on having oops babies until they got to 6. Then the marriage failed.
Only do what you can
I’m not trying to sound like a hater, but I don’t really understand the point of the guests on the show. This is not just about Chris. I’ve also wondered the point of the other guests too. I guess I just value Dave’s advice so much, and I feel like he has the answers and doesn’t really need the help of others.
He doesnt have all the answers. Same as you never going to the same person for advice. Same as you not having all the answers and needing Daves advice. The guest provides a different solution/point of view.
It seems like Dave is beginning to phase over to a retirement of some kind. The show name change, the steady increase in the number and frequency of other personalities the lat year or so...
It's a bit of a shame, really. It's totally understandable if he is going to retire/do something else but honestly once dave is gone I'll probably stop listening. I find all the personalities either uninteresting or grating.
Best ROI, dont have kids or get married LOL
...tell us you're a loser who doesn't know the marriage advantage data without telling us...
Oh boy
Now Chris is Dealing With Baby Burnout.
have literally gone to the store to just walk around
So let’s say I attack my lowest form of debt which is my credit card. Do I just stop using my credit card till I’ve paid off other debts and completed step 3? I want my credit to grow and seems like not using the credit card will bring that to a hault
I didn't realize the initials to Financial University is F.U. until I saw this video 😅
Sigh....so good to have 1st world problems. Take a trip to the middle east, or a non resort area in Mexico. Once you realize how good you have it even in the worst of times here, that wah- wah-wah... I could get burn out nonsense will cease.
@Turk February in not in any such situation, I thank God for the blessings we have.
Or many in the US who grew up with no family and are on the streets.
Hogan was great. It is a ahame he had to "leave" ... people make mistakes.
hello friends
I bet Chris Hogan is kicking himself right about now!
I miss Hogan!
The ageism in these comments is unbelievable.
Are you an Anti-Ageist?
I’ve got one child, who doesn’t live with me but visits and I already don’t want any more. Love her to death, but multiple kids is a financial hardship unless you make sacrifices or you have a 6 figure or higher income. Don’t get me started on those families with 8+ kids...insanity!!!
A lot of people's problems would be solved if they just stopped having so many kids. I will never understand the need to have more than 1-2. Everyone I know with 2+ kids is absolutely miserable and struggling to make ends meet.
I mean a big one is that if everyone only had one or two kids we would be even further below replacement rate than we already are. We should be doing everything to encourage people to have LARGER families, not smaller.
No more kids.
I made the decision to never marry or have kids and concentrate on retiring early.
same
You are missing out on a lot.
@@greenAbbot like? headache?
@@greenAbbot do you really need to get married to get all the same things from a marriage. If a paper was the only thing making the relationship work then it was a bad relationship
@@FrankieJ789 Yes
Time to put a hold on having kids, at least for a little while. His plate is full and he’s feeling the stress. This is how a home wrecker sneaks into your life.
What? Lol 😂
But I like beans😅
Why do people act like they don't know what a condem is...? Kids aren't a mistake. Don't make them a mistake by having kids when you're not ready then acting like it's an accident..........
I would bet 90% are unplanned. The way this World.....why even bring anyone into it!!
I agree with that. Seems like most are unplanned
This is why I have a one kid limit 😩😅
I sure miss Chris Hogan sooooooo much better than Dr.Douche bag and Jade the know nothing and George the cowardly lion.Rachel and Ken Coleman are superstars thow!!!!!!!!!!!
The intro sounds so boring now 😭😭
Dave. My cryto coinbase account has gone from 220k to 810k this year.
My wife says sell. I say no.????
So corny David
Chile, non one should have more than / kids unless they are mega rich
😝
😁👌👍🖖✌ 😎
Debt snowball is hard to start when you only have one debt. Car loan seems like itll never end wish i felt I had some momentum going.