Dave, I Messed Up Over The Weekend!
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- เผยแพร่เมื่อ 15 มี.ค. 2023
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"You know you deserve something when you save the money and pay for it." Wisdom from an Elder.
19 with a Fiancé, these callers be moving fast in life
That's not early by other societies. American society has made us look at it this way. Starting a family and buying a house are set for 30s and 40s nowadays.
Better than shacking up.
I'm jealous.
@@lovecats6856debatable
If you find the one…get married.
Getting hitched at 19 is the bigger concern for me. The car is really only temporary.
I wish I was married at 19. Sounds nice.
Exactly! Why the rush? Too young!
These are the same guys that call when theyre 26-27 with two divorces under their belts.
@@hbkkidcorrupt Probably not divorce but definitely the type to be swinging in their 40s because they realize they’ve only had one partner in their lives and they’re acknowledging their own mortality.
I too was surprised that he is getting married so soon. He is also making a lot for a 19 year old: some college graduates do not earn up to that.
I won't be surprised if he is a Christian from the Bible belt of the USA: it is very common for people from there to get married that young and they usually stay married for a long time as well.
He doesn't regret the car but he regrets the nineteen-year-old insurance payments
I think he regrets paying all this money knowing he is getting married and this should be a joint decision.
Auto Insurance goes way down once married for young driver's
The insurance can be killer for sure. So many people focus on fitting the payment into the budget without ever checking the insurance cost and get a nasty wake up call. Dude went from liability to full coverage on a “sports car”. The cost to insure it at 19 was steep I’m sure. I think it cost me around $185 for full coverage insurance on a 2012 Ford Focus in 2013 when I was 19. I had no moving violations at all but I was on my own solo insurance and it was steep and that’s a 4 cylinder car that wasn’t fast whatsoever. And I didn’t plan that ahead because I was 19 and dumb. So I wonder if that same type of thing happened with him somehow.
My nephew is 23 and acting like 12. This dude is mature at 19.
Well someone said I act 15 when I was 36 or 37 so to me they are both doing well!!!
He's 19, has his real estate license, no other debt, has a ROTH, invests in mutual funds, and bought a 20K car? Yeah, he's gonna be okay. Maybe the car wasn't the best idea, but this kid is going places.
unless he repeats the same mistake. but looks like he learned the lesson. it's not about the car more about the impulse buy
@@michelleh4717 no its about being legalistic toward a theory. Yes debt isn't great but the idea you should pay thousands of dollars to sell a car? Really dumb. He is fine.
@Michelle H it sounds like learned from the mistake. If his car kept breaking down, he likely did need something better, just not 20K better.
He sure is going places because he's getting early advice from Dave and if he thinks the car was a bad idea which led him to get advice on it as well something inside him knew it was wrong he just needed someone that's been there to reassure him of it and it makes no sense to say you deserve something that you can't pay for its a bad mind set and it will for sure lead to debt if you use that logic every time.
Also, the car he bought is probably worth every penny of $20 grand so it’s not like he’s upside down on a car loan, and could even profit from the sale.
Dude is having a major buyer’s remorse. I’m in my fifties, and trust me, I’ve had this same feeling more than once or twice. The goal is to learn from that sick-in-the-stomach feeling.
Yep. I was an Officer in the Army and just retired last year. When I was a 2LT I bought a Tacoma on credit and will never ever do that again. I remember leaving the Toyota dealer and feeling like "what have I done". I learned from it and paid cash for vehicles to this day. This kid is trying and it is great he identified that feeling and is learning from it.
The sad thing is that spending $20k on a car isn't even splurging much these days.
RIght? 20k on a 10yr old car. Hope the mileage was low.
No and those cars keep their value very well
My husband wanted his dream car that he saw in a magazine. 5 1/2 years we finally saved enough to buy the car in cash. Be patient, if you don't have the money, don't buy it!
It better have more than 500 hp to be worth saving that long.
19 year old kid is killing it as far as I’m concerned. Majority of 19 year olds can’t pass an interview at Macdonald’s
do you know any 19year olds lol
You know very little about 19 year olds. That being said yes this kid is doing very well for himself.
@@kyleliegel Phew! Thank God we have you to tell us what we know and what we don’t know, we’d be so lost without your almighty wisdom..
@@ek5384 what sarcasm or folley you need to try and justify your ridiculous statement, go ahead. It doesn’t change the fact most 19 year olds can easily pass a MacDonalds interview.
@@kyleliegel Sure, if assertive assumptions about complete strangers and their scope of expertise make you feel in control, go for it.
If you keep this car your new wife is also going to "deserve" a dream car very soon.
And a “dream house”
@@jayson657 yea no kidding, this is total set up and fell for it.
His car has 270K+ miles. I’m sorry but he needs a new car one way or another. Maybe this move was “stupid” but let’s not pretend this kid doesn’t need a new ride
My car has 355K on it and runs great.
@@Bob-yh7ir I mean that’s great, but for most people it doesn’t work out that way.
@@Bob-yh7ir And the poverty Olympics begin. The trend of every Ramsey video.
Did he need a 20k two door sports car though?
Could of easily gotten something for way less and more economical and newer
He doesnt NEED a car with a payment lol.
I made this same mistake at 20 . 16 years later I’m still driving it . I love the truck and it’s a great reminder of why I will never make that mistake again !
Only mistake was if your interest rate was off the roof
Other than that, buying a car young is absolutely fine
If you’re still driving it 16 years later then it’s not a mistake
Driving it 16 years later doesn’t make it a mistake. It’s those who continue to upgrade year after year and keep themselves in consistent debt for a depleting asset! But it sounds like your mistakes has probably saved you money unless your interest rate was crazy, because yes a cheap car can be great for a short period, but often it’s cheap because it’s near the end or already has issues!
He's 19. He's going to make some bad decisions. Like, say, getting married at 19.
Yah, and having his first ex wife at 20 lol
I too was surprised that he is getting married so soon. He is also making a lot for a 19 year old: some college graduates do not earn up to that.
I won't be surprised if he is a Christian from the Bible belt of the USA: it is very common for people from their to get married that young.
I'm a pretty responsible person when young and no way would I be ready for marriage at 19. People change alot in 20s.
Perfect timing! Just opened TH-cam
Same haha
The funniest part of this whole call to me is that he bought a very easily affordable car in the dumbest way possible. $20k is not that much of a stretch to save up for a ‘dream car’ and that specific car is reasonably reliable so the maintenance won’t be killer expensive
Yeah.
Going into marriage with debt is not ideal.
There are lots of Z's out there. They could save cash and buy one next year.
At 19yo impulse car, impulse marriage. Dave is telling you indirect that both are dumb moves.
Don’t get married at 19. Foolish decision.
Absolutely true
Big time mistake.
That's not foolish....if they both love each other and are walking in the fear of the Lord...thats not a bad age to get married.
@@IA-py9by cringe
Exactly, what’s your question, and why? People call in just to try to get Dave to condone their stupidity. Yeah, we know it’s not going to happen.
19 and getting married LOL
that's the mistake.
He's probably from Utah
Scary.
Whos gnna tell him?
@@jimmythegent45wonder if he "soaked" with his gf lol
"I bet she was happy"... Dave made me lol
This isn’t really that bad. Sure he could save up 10k and get something else, but he’s in much better shape than a lot of callers
Yeah, sounds like he needs new transportation anyway. If the car he bought is dependable and in good condition, I am not sure selling it to do penance for impulse is the best move.
I'm still shocked 19 year olds can get these loans. What's the insurance on a sports car like that for a 19 year old. Has to be insane.
You’d be surprised how many places will completely destroy someone’s future for a profit.
He’s 19 and getting married in a month! He’s not a child
@@reese85I think he’s a little young maybe wait a couple years
@@queen.kristal8395for marriage, yes I agree! I kno a few ppl that married young, had a kid or two and ended up divorcing cuz they out grew each other! But it may work out for them
@@queen.kristal8395 At least he’s being responsible in that aspect of life by not creating a broken home. That would be far worse than this ridiculous car loan.
what shocks me more is getting married at age 19....extremely rare nowadays
I’d rather see a marriage that young than another broken home with kids, anyday.
Id be more concerned with him getting married so young. Unless he can read the future, the odds of that marriage lasting and him not getting ran thru the divorce machine is very very low.
@@lsgsrob2102 Lots of people get married that young and makes it.
@@jimmymcgill6778 you’re correct but the ones that don’t far outweigh the ones that do. Don’t get me wrong, I hope it does.
@@jimmymcgill6778 How do you define "lots"?? Looking around my circle; 80% of my age group are divorced or on second marriage. You can't dispute the divorce stats.
One of these times I want Dave to say, “your dream car is a 2013 Nissan 370Z?”
Cars are disposable, none of them are ever worth getting a loan on.
I'm laughing maniacally at your ignorant comment as I'm looking at all of my 15 cars that have soared in value since I bought them before and during the plandemic 🤣😂😆
Some even more than they cost new 😎
Insurance is also going to be insane!
Absolutely love this Dave Ramsey is such a wholesome guy I think it's amazing that he is influencing young people to make better decisions. I've made absolutely terrible this decisions that I rounded up making multiple times because I didn't really unpacked it as you would say. But now I'm a changed woman I thoroughly Do a moral inventory when I make a detrimental decision about how it happens so I don't have to make that mistake again
It takes work but this is truly one of the things Dave Ramsey taught me 15+ years ago. Buy cars with cash. My wife and I have lived by this and while we've had some less than awesome cars - it's been so peaceful. Thank you, Dave.
Seriously.. im so at peace with my camry at 135K miles..😂
The thought of car payments makes me loose sleep
Taking out a loan on a disposable machine lacks brainpower.
@@handleyobusiness not if you have the money to afford it
@Reese If you can afford it, then you don't need to borrow. If you have to borrow, then you can't afford it.
@@jimroscovius tell that to all the rich ppl would do the same exact thing on cars they can completely buyout! Like come on ppl be real! A lot of these cars nowadays are not worth keeping after the factory warranty expires! So you lease them for a few years and give them back
I wish him the best of luck, but I don't know how many home buyers or sellers are going to consider using a 19 year old as their agent.
19 and with a fiancée and getting married next month…dude, enjoy life a little first…
I did the same thing, when only a little older than him. Bought the hot car I shouldn't have. Really enjoyed it, then added up what I'd spent on payments and insurance for it, realized I'd spent more than the total purchase price of the car, and still had years of payments left! Sold it immediately. It was a spendy enough car and I'd paid enough of it off by then, that I was able to pay off what I owed, and bought a boring reasonable car outright. Many years later, I now have a fun vehicle that I paid cash for, but my daily driver is still that reasonable car.
What's your fun vehicle now?
@@erikrohr4396 Old school big block powered pickup truck.
I think the real problem here is him getting married at 19.
Precisely! The wedding and the car are symptoms of the same problem.
He’s engaged at 19?? Is he freaking kidding? He should go to school first & get a good paying job!! What’s the rush??
Cheaper taxes
450 dollar car payment with almost 7 a month income isn't bad..
But knowing I don't deserve anything is priceless.
Save 3gs.. a month. A house down payment will be in hand shortly.
Love this it’s not about the money it’s about the choices you make and how we respond to them! Thanks so much for the great content Dave, Jade, and the Ramsey team! God bless!!!
I'm always blown away by the amount of super young people that call in who are engaged/married at 18, 19, 20 years old
You're getting married at age 19? Lol. What is this 1968?
Yes, it’s 2023. Where people are single and miserable than ever in spite of advanced technology.
Were you drinking? 😂
That car isn't costing him just $400/month in a car payment.
He also likely has a $200-$400/month insurance payment. That's before he even puts a drop of gas in it.
My guess is he was paying $50/month for liability on the junker and when he got the first full coverage insurance bill for the Z he about died.
He's dang near kicking out a mortgage payment for that car.
Exactly
My cousin bought a
Dodge Charger v8
Paying $600 monthly
I told him plus insurance probably $200 and $250 gas monthly
Your car is costing you 1k
He just looked shocked
Like he didn’t know he was paying that and he is 21 living with mommy and dadddy
The opportunity to cost is even worse if you think if he was investing that amount a month. 🤯
He was probably paying a good deal more than that for liability as a 19 year old but it went up a bit for an old sports car
You know you still put gas in your old car? Pretty sure he had insurance on it also
when he started talking i first thought to myself "oh God he bought a timeshare"
Honestly, this one isn't a huge deal. With no debt, and bit over $6k a month, they can afford this car without issue. I'm in my mid 40's, and I kick myself for passing on a killer deal I could've gotten about 20 years ago on a motorcycle that I wanted. I could've easily afforded it, and I never saw a deal like that again.
I agree. This is not the end of the world.
Insurance insurance insurance
She's going to cost much more than the car.
Why are 19 year olds getting married???
That’s the biggest mistake here !
Keep the car don’t get married.
You’re young once
You’re old and responsible with bills bills bills the rest of it
She DID NOT say that!! No way 😂
Oh she did,bc she knows hers is next 💯🧠
I have done stupid stuff with money 💵
Your beard is magnificent.
@@charlesyoung9980 thank you sir
Dave's green jacket shirt thing is 🔥 Love it!
The dream item that you want is not what you actually truly want in most cases. It's the ability and option to buy the item that is the dream.
Having just gotten laid off, I'm feeling much better that I got rid of my $700 car payment a couple months ago ✊
almost 500 a month for for a 10 year old car, at 19 years old, not smart!! 🤦♀
2:37 I have literally never seen Dave more speechless 😂
Love this show!
So we get married in a month. Getting in deeper.
At least he learned young!
Agree!!
Could have been worse…
Investing in FTX or SVC Bank…
The car isn’t even the biggest mistake he’s making…getting married at 19 is stupid…and spare me any of your personal “I got married at 19 and we’re still married” stories because odds are it’s not gonna work lol
How much is the insurance for a 19 year old 😮
Depends on the vehicle and your driving history.
370z is a great car, I don’t think he made a bad choice. If he works harder he will pay it off soon enough and that car holds its value a lot
Considering the average payment in the USA is over 700 now, having a payment of 430 is NOT BAD AT ALL.
Youre the people Dave laughs at. Youll never learn
A $450 car payment goes a long way when you pay cash for a car/truck.
Insurance, gas, tires, maintenance upkeep, etc.
There’s a 19 year old at work who just bought a truck and the payment is $570 /month and insurance is $170 /month. I was like ohh lawd, then the schedule came out he only had 20 hours for the next week 😂😂😂
🤦🏽♂️
Say no to drugs and car loans, people.
@@handleyobusinessnothing wrong with car loans if you can comfortably afford it
That person must not pay rent
@@reese85 If you can afford it, you wouldn’t need a car note. Put money in your own pockets, not the bank’s.
@@handleyobusiness smh idk why y’all keep saying that! There’s literally rich ppl with car loans that can buy the car outright if they want to but don’t for whatever their reasoning is
You are not the sum of who you hang around. You’re the average.
Give him a break; he's only 19 and doing quite well for his age group. Just don't get married!
Just give the car back if you regret it that much 😂
tell me you've never financed a car without telling me
Dude that car is 10 years old. 20k? I think it has something to do with becoming a realtor and not wanting to show up in an older car but he can get something decent looking with cash.
No you didn't listen to the call.
His old car was a hunk of junk and kept leaving him stranded.
Not a good look.
Thanks for this information!
When I bought my car they gave me a 30 day cooling off period where I can return the car no questions asked but I would have to pay 20 cents per mile I put on it. This is the only car I ever bought but it's that not common?
Sell the Accord, keep the Nissan and promise to pay cash next time.
He's young and he's got time to recover.
Keep the car and pay every extra dollar towards the principal. Delay getting married and or living together till your debt free and own your own home. Then stay single so you never are faced with divorce which is worse than being in debt.
Naw, move in so they can tell if they can tolerate eachother first
Dude, you're 19. So much to learn about life and yourself. There's absolutely no need to get married at this point in your life. Too young. Go live life a little more. Smh
You don't need to give up on your dreams and aspirations when you get married.
20k for a 2013 yr car is insane! he couldve just about bought a brand new honda for that price
Hondas are ricers.
Z's can still Tokyo drift 🏁
Or he could keep the car and stop hanging around those friends. He's 19. It's okay to make mistakes when you are young. If he said he was 30, then that's a different story. He has to live a little before he can learn.
So if you wake up and realize you did something stupid you would prefer to wake up every day looking at your stupid decision? lol. Great way to live. Not materialistic at all are ya?
@@donjohnson1416 he's 19. Why are they in a rush to buy a house? There are other questions that could have been asked. Normally, Dave says if the car is less than half of what you make, then keep it.
Don’t blame his friends for him getting a car and regretting it soon after!
@@reese85 peer pressure is real
@@luckylib never said it wasn’t but he’s a grown man and he made his decision
Always ten years old cars was $500. Cheap to fix , oh the good old days . Now ten years old cars $400 a month 20k ? Let's take this into consideration for his wanting a car. Breaks my heart it's. Hrad world we live in . Glad he called dve Ramsey
Im when i was 19, i financed a 2005 corolla. I didnt know what 16.8 percent interest meant and didnt care. I just wanted a new car even tho i had a paid off 1989 Pontiac that drove fine. We live and i definitely learned
It’s exhausting to have a car that breaks down constantly. Especially if he lives in a car dependent area and a reliable car will be needed as a real estate agent to show houses. Keep the car dude!
Guess I don't deserve a house until I have the full 500k up front
I don't see the big deal. 20k car is a pretty low price for a car especially when they bring in $6500 a month. They have more than enough to buy the car.
At 19 and having what he has and her. They are doing fine. If they learn a little lesson from this, they are going to be loaded in 15 to 20 years.
2013 370z ain't worth 20k
Time to develop a severe case of car payment allergy.
Love that !!!
Boy not dreaming to big to buy that junk 10 year old Nissan i almost relapsed the other day and bought a 2023 corvette but i will never go back in debt so I’m saving up lol
His fiancé needs to run if he continues to do this. I’ve been dealing with this for years once debt is paid off my husband gets something else, it’s defeating.
He is 19makes $40k a year has $8k in retirement investments he's not a loser.
Didn’t he say in the video, his fiancé is the one who suggested he go for the car?
Please don’t sell the car 😂
Having a reliable, nicer car is peace of mind and makes you a little happier. Just pay it off and be proud that you are putting money into your dream car. He's upset because he wanted to put a down payment on a house. Maybe it was a decision that you should have thought about more, because you went and changed your plans abruptly, but I would keep the car. Just work harder to pay it off AND save that down payment. A $450/month payment for a better car that doesn't break down twice per month sounds good to me.
Ahh see I was thinking he could afford it, but this was a learning lesson for me too then. It was the principle not the cost, great watch.
If he needs to finance it like that he can’t afford the car.
Then there’s gas,tax tax and insurance for a 19 year old.
Thank goodness we (usually) don't get what we deserve.
He's done well but I agree he needs to get rid of it due to the reason why it happened. it's not the gravity of the mistake but it's the fact that the behavior needs to be cut off at the pass right away or it's going to lead to a behavior pattern that's going to make a situation a situation become grave
Doesn't sound that bad of a purchase.. Just the fact that it was outside of their plan.
If your worried about having a clunker for your wedding and honeymoon, just borrow it rent a car for that time.
Comes off as the type of guy to be easily influenced.
It's callers like this where I wish the fiance was also on the line.
The issue is not the car. The issue is this 19 year old kid getting married and locking himself into a home loan.
When I see “Dave I messed up” in the title …instant click
Ya boi can prolly sell that thing for a profit 😂
Is he still in the time to return it an get full refund?
I’m glad the younger generation is believing in the importance of marriage.
I mean might as well get your first divorce over with lol
Sell the other car. Interest rate must be horrendous for the payments to be $450.
His life is ruined, he bought a car. Sell the fiance and eat ramen noodles.
At least he sees that he made a mistake
was typing a response up until he said he was 19z
😂
Yep, I was thinking 10 year old car and he’s 19, no biggie, buuuut I now consider that it’s more of
The mentality and the why.
Side note, love Jade, but she wooed too many times, IMO, because it wasn’t a brand new car.