@@dominiquejones6758I got about $11,500 in debt. Working extra hours and tackling it like never before. No more eating out either! I cook to good to be wasting my money on food outside😂. Don’t get off track, get out of debt and be frugal so you can live greater later🙏🏼🙏🏼👌🏼
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k I want to transfer into an s&p but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
I thought i was tthe only one cyring!!!!!! she's awesome!!!!! she shows it's possible regardless of life happening and It shows her endurance was worth going through.! Well done Stephanie, you're my insipiration.
After sooo many years still LOVE the opening music 🎶 “Where debt is dumb, and cash is king! And the paid off home mortgage has taken the place of the BMW as the status symbol of choice!”🔥 It works people!! Stick with it!! Dave Ramsey is THE BEST!!❤ I LOVE TO PLAY THE OPENING OVER AND OVER AGAIN!!
Here is a marriage tip for husbands (and wives) out there. Put trust in your spouse’s capabilities rather than point fingers. My husband was very very clever about getting me on board about our finances together. I was not so interested before and was spending more than I should on random stuff. One day he asked me if I wanna be our family finance manager. He challenged me to come up with an investment plan for the entirety of what we saved up in our savings account, to make careful decision on balancing the risk and return and try to make the best out of what we have together. That trust he gave really motivated me to start learning about investing, about budgeting and retirement planning. We now learn together, share and discuss strategies and knowledge I learned with him and it has improved our relationship so much on top of having greater financial situations. Marriage is a two ppl thing, we are in the same boat riding waves.
Than you are in 5% of the woman who want to work in the marriage. 95% see their husband as money machine and in the moment he starts slowing down(due to health or age) or gets laid off,they jump to another opportunity…of course their excuses are he is not paying attention to me and crap like that,but we know the truth…that he is under the stress to provide…so in the moment he provides less…she brings the excuse of his attention,or something this caller’s spoil wife who probably is badmouthing him now. There is no wonder that divorces peak during recessions or the pandemic..and 80% of divorces are initiated by wives.
@@mirix1515my God, what did I just read lol Mommy issues? Any man OR woman with the mentality that everyone of the opposite sex is always the problem and they're only after money or whatever, is a broken individual who will ALWAYS be miserable unless they deal with their trauma and correct course. Stay away!
Stephanie is a Rock Star! Three kids, a full time job, part time jobs and promotion at work??? She is a dynamo. If she can do it, what's holding us back?
No credit card debt is a huge weight lifted! Completed it for the first time in 30 years! I don't make a huge salary but I have no stress now either! Now I can start to build wealth! It's slow but it's happening finally! (Notice all my exclamation points... that's how excited I am about my financial situation at the moment)
Congrats Steph my situation is very similar to yours. I’m 37, I have a 16 year old and two smaller kids. I have 105k in debt just like you did. You just inspired me to get out of debt. Thank you!
Stephanie has me in tears! That scream with her daughters was such a huge weight off their shoulders! And for her to bring the whole family to TN from Boston was a testimony so that her daughters will never forget. I’m so proud of her and with her income, she’s going to really live and give like no one else, I can just tell ❤️
Stephanie's story has got me crying!!! She and her family and story are SOOOO inspiring! Of all the screams I've heard over the years this one HIT! My 2023 will be different! HAPPY NEW YEAR everyone!
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
Out of all the debt free stories this one was by far the most heartfelt for me way to go mom and what a beautiful young lady for helping her mom on that Journey…just beautiful ❤️
I think that the best shows are with Dave and Rachel. You just never know how she is going to react to her dad! 😂 plus, she is the only one that challenges him
It’s really beautiful to see them together on the show. He’s taking his daughter under his wing and teaching her the business while she sits there taking notes and absorbing his knowledge and wisdom. ❤
@@sdm1568 why you got to do all that, don't hate. Sincerely best Duo because it is real. Even if rubbing heads but will come to a conclusion. All the wisdom of Dave and curiousness from Rachel. I actually think Dave is the toughest with Rachel because he expects the most from her. She will probably be the CEO in charge. Well deserved.
Aw man. This mom had me a blubbering mess. Good on her. I know she sleeps much more soundly at night. Priceless! Taught such great lessons to her children too. Inspiring!
When my friends say “i can’t do this because i have kids,” I wish I could show them the thousands of single mothers like Stephanie doing this man… really touching.
Congratulations Stephanie. You did it! Your story is amazing and you are awesome. You had me in tears. I can see how proud your teenage daughter is of you. You changed your whole families future. You all are going to have an incredible life. You are a true inspiration.
Her story resonates to so many people. What an inspiration. I'm gonna continue my journey. Almost finished with another credit card. One more credit card to go then mortgage. I'm Doing solo coz hubby not on board. I'm doing it!
I am new here but I have always lived these principles, dirt poor and fresh off the boat at 22, now a millionaire at 35. I love how rational everyone around here is. Steph you are inspirational
I've managed to pay off the debts in my life and now I want to diversify my 70k portfolio to include digital currencies with potential for high growth and profit. I've read that is how people are making a lot of profit in the market now. Any recommendations?
That's a good way to go. I had some difficulties two years ago when I wanted to invest some money in the digital cryptocurrencies, but I started with a CFP and investment just feels really easy since then and I've also made a lot of profit.
I agree. I also work with a CFP who has a good understanding of both the digital market and stock market. These days experts who have an all-round understanding are in short supply. This last quarter alone I've already made more than 150k in net profit.
This beautiful woman is a warrior Mom. Congratulations 🙌🏼 and thank you for sharing your free debt journey… as I listened I became teary eye. Much Blessings to you and your family!
This was confirmation for me. 🎉🎉🎉. I’m going all in. I have $104K in debt and that includes my house. If Stephanie can do it, so can I. Stephanie thank you for your testimony.
Did you stick to it? I want to give it a go too. I am 32 and I have debt and a very small income. I believe Dave, when he says that my salary is my key to financial freedom. I want to do it
Unless you create a budget together and you both onboard with the budget, there is no point making the budget, else it is just a piece of paper with instructions trying to restrict his/her spending. So blessed I am no longer married. I honestly don't think I could navigate spending with another human being and I was married for 20 years.
I love the show. It has taught me to focus on reality. I love what Rachel said, " Sit down, and what is our goal, not your goal. " I am going to do that. It may not be financial for me, but emotional. It is about the love of my life has MS. I am living with his pain. It can be too much to bear. Fear it is a great motivator. Not to be afraid.
“You are either investing or letting inflation eat away at your purchasing power” saw this somewhere and it really resonates with me. I have about $300,000 sitting in a HYSA and I want to invest it. Where would you invest this as of now?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of…. Seeing my portfolio go from $80k to $600k in 5 years is surreal all thanks to insights from my financial advisor.
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
To the husband from Atlanta, you need to see the writing on the wall. Pay off all YOUR major debt (cars, credit cards, student loans). Cancel all the credit cards because I am sure they are in your name and send your wife out to the job market. God put Dave in your life for a reason and maybe it’s not just to help you become a better steward with your money. I had to end an 8 year relationship that I thought would result in marriage. Right after I found Dave again is when the Lord opened my eyes and allowed me to see clearly that I was not going to get the cooperation that is necessary to build for our future.
Stephanie, congratulations on being debt free! What a beautiful story!! You are a rockstar 🎉🎉 It starts with mind shifting, knowing in your heart that the process works and staying committed to doing what it takes. Bravo and the best to you!!
I’m so happy for Stephanie. I’m debt-free but I’m an entrepreneur trying to get my business in the millions but I needed up having a child in the process. Not planned. This makes anything possible.
When I started my real estate career over 10+ years ago, my very FIRST training post-licensing advice was to get my “divorce decree” draft first before I joined a team or set up a partnership. That advice is worth GOLD! I have seen many real estate agents come and go, join a team, set up a partnership, and complaint and complaint about it. A few have needed up suing each other! It was a struggle to get my business going but I’m more stable now and going strong
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@@devereauxjnr A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@2024Red-j5t Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.
@@Countstep0099 Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.
@@PhilipMarcYT I’m not sure what “A fatherless kid isn’t something to look forward to” means. But if you want to change the narrative from “single moms” to “absent fathers” I’m all for it!!! Because the blame shouldn’t be on the parent who stayed to raise their kids.
I was with you on that Rachel. Really thought Dave was going to say sell the rental and pay off the primary. We are on a similar situation, so keeping our rental & paying down both asap is what we are thinking.
When the husband mentioned that his wife had no worries about money I felt his pain. She's like "WE make plenty of money so why are you worried?" As the sole provider, it's natural to look at your finances differently than those being supported. They definitely need a budget and HE needs to lead the conversation. Not dictate but LEAD!
30:05 this debt free scream brought tears to my eyes. She definitely changed the trajectory of her family and what a beautiful impact she made to her kids.
Finally a man has said it! My husband treated me like a teenager for 20 years where he wanted me to be a homemaker so he could make all of the financial decisions and I just stay quiet. Just divorced recently due to that crazy reason. I never had a voice on our finances. I was willing to work but was discouraged. Once I stood up and said "I'm going to work and contribute", everything fell apart..it's called control.
Dear Sierra, its called the traditional roles of male and female. My Mom had to work the night shift because money was short, I was raised by my grandparents. My wife is glad and thankful she can stay at home in a big house I provide and take care of the kids. She doesnt wanna know about no finances, why would she. You did that guy a favor by leaving him, hopefully you guys didnt have kids, I wouldn't want mine to be raised by a "strong indepentend woman" like yourself. Go ahead an pursue your Career in whatever you want to do, I can promise you, in 30 years time, your now ex-husband's house will be filled with Kids and Grandkids that love Grandmas cooking. A house full of family and love, whilst you'll find yourself in your 60s lonely and unfullfilled. If your aiming for a stay at home dad who can't even change a tire, go for it, I just hope that you clean at least 100k a year. I swear to you, you hit the dream, a guy willing to take finacially care of you, the ability the raise your own kids, not worrying about a career and it's stresses, you WILL regret this for a lifetime.
@@maximiliannuener8002 I'm sorry to say that you are wrong. I did all the cleaning, cooking and took care of my daughter. He complained that I didn't contribute but yet wanted me home. Yet when I worked it was a problem 🤷🏻♀️ you can't win sometimes. I know I'll be less stressed out for sure and I'm not worried about money because my new husband, father and provider is God.
@sierradunn203Look I really took some time out of my life to reply to you because I feel bad for you, If you feel like your ex-husband is the Issue, so be it. Just know that it'll be hard times ahead as a single mother, and finding someone will be difficult. Reevaluate your choices, I really wish you all the best. I believe in you and that you will make the right decision for you daughter
@maximiliannuener8002 feel better trying to control and belittle someone else's wife on the internet who provided 2 tidbits of information for you to judge? Dang.
This is great, David and Carolyn. I have been directing my life similar to Mr. Ramsey's recommendations before I learned about his show. In Islam, we are taught to avoid interest/debt. Keep God in your life.
Let me say how great of a job Stephanie has done, including her family into the dept-free-journey. Her oldest daughter is a heroine. It's not easy to go against what your peers do, as a girl. I hope for all of them to strive.
I don’t understand how people making 250k as an individual has trouble making financial decisions. Like you have to be a smart person to make that much money I thought. A lot of Ramsey’s advice I feel like is common sense once you breakaway from social norms.
Thats a good one. Don’t treat “us” women within the marriage as teenagers but rather help mate & a partner in creating and following a budget. Great advice. Bravo 👏🏻
I learned something new today. I really thought Dave was going to advise to sell the 1 property, pay off the 2 and be debt free. Thank you for sharing the reasoning. Love it! ❤️
Yes the husband passed away in the house and it was hard but here you are going through hardship after making the decision. Do not make decisions when emotions are high. She knew this but didn’t care
I just supplied an answer to someone that wanted to take on a second mortgage My Answer: no..No...NO Cust expenses and Payoff the first mortgage and then when you are 100% debt-free then look at the advantages of picking up another mortgage BUT Under NO CIRCUMSTANCES should ANYONE carry 2 mortgages..that is a financial death sentence!
When Dave and Rachel are on together. They communicate as Father and Daughter.. We cannot always read between the lines. I inderstand they have their own connection. I understand Father/Daughter connection..however i cannot always follow... the talk.
Awesome 👏 May The Most High Continue to bless this beautiful family ! Thanks to The Ramsey Show ! This warrior just inspired me to become debt free !! Amen 🙏
I mean this with all the love, Rachel please stop dumbing yourself down for the show. You know what inflation is and can explain it without help. Embrace being fierce, pretty, AND intelligent. You are more than Daves daughter and Winston's wife. Own it!!! I'm cheering for you. You got this
I can’t wait to be debt free! I started with $70K in debt and now I’m at $30K left!!
You got this 🦾
@@raquelaurelis Thanks so much!!
@@dominiquejones6758I got about $11,500 in debt. Working extra hours and tackling it like never before. No more eating out either! I cook to good to be wasting my money on food outside😂. Don’t get off track, get out of debt and be frugal so you can live greater later🙏🏼🙏🏼👌🏼
Same here just have 20K left for my car! I’m so grateful I started this journey
We got this!!!!!!!❤❤❤
@@frannellymercedesynfante4892 Yep we do!! I’m so ready to do the Debt Free scream!!
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
Let's face it... buying more stocks & index funds during stock market corrections and bear markets is scary. Which makes it really hard to do for most people like me. I have 260k I want to transfer into an s&p but its hard to bite the bullet and do it.
You need a Financial Advisor my friend so you don't get ripped off in the market. They provide personalized advice to individuals based on their risk appetite, placing them among the best of the best. There are bad ones, but some with good track records can be very good.
I know I've wanted to start investing for a few months, but just haven't had the courage to start because the market has been down for most of this year. Please how can I reckon with such skills and what are his services like?
REBECCA NASSAR DUNNE is her name. She is regarded as a genius in her area and works for Equity Services inc. She’s quite known in her field, look-her up.
I searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Stephanie story had me CRYING!!!! My favorite debt free story so far!!!! Intelligent, Godly, hardworking, persistent mom!!!! 👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
Me, too. I didn't want to say but she hit a button inside my heart
I thought i was tthe only one cyring!!!!!! she's awesome!!!!! she shows it's possible regardless of life happening and It shows her endurance was worth going through.! Well done Stephanie, you're my insipiration.
I got goosebumps when they yelled "I'm debt free!" This is a beautiful story. Very inspirational. One day I will say those same words.
I knows how he feels, I just became debt free,paid my last SUVpayment
Yes it was the best debt free one so far
After sooo many years still LOVE the opening music 🎶 “Where debt is dumb, and cash is king! And the paid off home mortgage has taken the place of the BMW as the status symbol of choice!”🔥 It works people!! Stick with it!! Dave Ramsey is THE BEST!!❤ I LOVE TO PLAY THE OPENING OVER AND OVER AGAIN!!
Music..Baker Street
Here is a marriage tip for husbands (and wives) out there. Put trust in your spouse’s capabilities rather than point fingers. My husband was very very clever about getting me on board about our finances together. I was not so interested before and was spending more than I should on random stuff. One day he asked me if I wanna be our family finance manager. He challenged me to come up with an investment plan for the entirety of what we saved up in our savings account, to make careful decision on balancing the risk and return and try to make the best out of what we have together. That trust he gave really motivated me to start learning about investing, about budgeting and retirement planning. We now learn together, share and discuss strategies and knowledge I learned with him and it has improved our relationship so much on top of having greater financial situations. Marriage is a two ppl thing, we are in the same boat riding waves.
Than you are in 5% of the woman who want to work in the marriage.
95% see their husband as money machine and in the moment he starts slowing down(due to health or age) or gets laid off,they jump to another opportunity…of course their excuses are he is not paying attention to me and crap like that,but we know the truth…that he is under the stress to provide…so in the moment he provides less…she brings the excuse of his attention,or something this caller’s spoil wife who probably is badmouthing him now.
There is no wonder that divorces peak during recessions or the pandemic..and 80% of divorces are initiated by wives.
Marriage advice: don’t do it
@@mirix1515my God, what did I just read lol Mommy issues?
Any man OR woman with the mentality that everyone of the opposite sex is always the problem and they're only after money or whatever, is a broken individual who will ALWAYS be miserable unless they deal with their trauma and correct course. Stay away!
Some women hate math...my ex did 😊
@@mirix1515. “Where” do you get these ideas? 95 percent?????
Stephanie is a Rock Star! Three kids, a full time job, part time jobs and promotion at work??? She is a dynamo. If she can do it, what's holding us back?
The Joneses 😢
@@JakeStewart1343the Joneses can keep their consumer debt! Quit running with them!
No credit card debt is a huge weight lifted! Completed it for the first time in 30 years! I don't make a huge salary but I have no stress now either! Now I can start to build wealth! It's slow but it's happening finally! (Notice all my exclamation points... that's how excited I am about my financial situation at the moment)
!!!!🎉
Same here..same here..keep it up we all know what u mean.
That was so touching especially when she thanked her oldest daughter 😢 Congratulations and many blessingsA🎉🙏🏽
I know I was in tears 😢 so sweet!
Congrats Steph my situation is very similar to yours. I’m 37, I have a 16 year old and two smaller kids. I have 105k in debt just like you did. You just inspired me to get out of debt. Thank you!
You can do it!
How are you doing now?
@@tylerwilliams2802 I’m making some progress but still have a long way to go.
Keep going, you can do it😊
You can do it
Stephanie has me in tears! That scream with her daughters was such a huge weight off their shoulders! And for her to bring the whole family to TN from Boston was a testimony so that her daughters will never forget. I’m so proud of her and with her income, she’s going to really live and give like no one else, I can just tell ❤️
Her kids sacrifice and endure for delayed gratification...wow. Miss Stephanie and her family are awesome.😊
Inspiring
I love when Rachel asks Dave questions. It’s nice to know his thought process.
Stephanie's story has got me crying!!! She and her family and story are SOOOO inspiring! Of all the screams I've heard over the years this one HIT! My 2023 will be different!
HAPPY NEW YEAR everyone!
Bravo to Stephanie’s daughter. Helping her Mom will be the secret to her own success. Congratulations, Stephanie!! ❤
Its worse here, our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.
I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Out of all the debt free stories this one was by far the most heartfelt for me way to go mom and what a beautiful young lady for helping her mom on that Journey…just beautiful ❤️
Wow this debt free scream touched me. Moms are so powerful.
That debt free story had the waterworks happening. So inspiring, God bless her and her beautiful family especially that amazing teen.
I think that the best shows are with Dave and Rachel. You just never know how she is going to react to her dad! 😂 plus, she is the only one that challenges him
She is I just said this 😂
Yeah I agree 100% Dave Ramsey and his daughter Rachel both symptoms sincerely have their hearts in all of this for the right reasons!
It’s really beautiful to see them together on the show. He’s taking his daughter under his wing and teaching her the business while she sits there taking notes and absorbing his knowledge and wisdom. ❤
Makes sense, as she's the only one that wouldn't get fired for it. Oh, sweet nepotism!
@@sdm1568 why you got to do all that, don't hate. Sincerely best Duo because it is real. Even if rubbing heads but will come to a conclusion. All the wisdom of Dave and curiousness from Rachel. I actually think Dave is the toughest with Rachel because he expects the most from her. She will probably be the CEO in charge. Well deserved.
Aw man. This mom had me a blubbering mess. Good on her. I know she sleeps much more soundly at night. Priceless! Taught such great lessons to her children too. Inspiring!
20:43 Stephanie testimony truly inspired me. ❤I have got to get more serious about my finances.
The mom with the 3 kids have be in tears. So beautiful. What an amazing story of triumph. Saniya deserves a nice treat.
When mom screamed, "We're debt free!" I started crying, because she really is a super mom 😢❤
I'm a grown man.....and I'm crying off of Stephanie.
You aren't the only grown man crying.
Same here
When my friends say “i can’t do this because i have kids,” I wish I could show them the thousands of single mothers like Stephanie doing this man… really touching.
Same 😢
Congratulations Stephanie. You did it! Your story is amazing and you are awesome. You had me in tears. I can see how proud your teenage daughter is of you. You changed your whole families future. You all are going to have an incredible life. You are a true inspiration.
Her story resonates to so many people. What an inspiration. I'm gonna continue my journey. Almost finished with another credit card. One more credit card to go then mortgage. I'm
Doing solo coz hubby not on board. I'm doing it!
I am new here but I have always lived these principles, dirt poor and fresh off the boat at 22, now a millionaire at 35. I love how rational everyone around here is. Steph you are inspirational
I've managed to pay off the debts in my life and now I want to diversify my 70k portfolio to include digital currencies with potential for high growth and profit. I've read that is how people are making a lot of profit in the market now. Any recommendations?
That's a good way to go. I had some difficulties two years ago when I wanted to invest some money in the digital cryptocurrencies, but I started with a CFP and investment just feels really easy since then and I've also made a lot of profit.
I agree. I also work with a CFP who has a good understanding of both the digital market and stock market. These days experts who have an all-round understanding are in short supply. This last quarter alone I've already made more than 150k in net profit.
This sounds incredible. Could you recommend who you work with so I can check them out?
Marissa Lynn Babula is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.
Thanks a lot for the recommendation. I'll send her an email and I hope I'm able to connect with her.
This beautiful woman is a warrior Mom.
Congratulations 🙌🏼 and thank you for sharing your free debt journey… as I listened I became teary eye.
Much Blessings to you and your family!
This was confirmation for me. 🎉🎉🎉. I’m going all in. I have $104K in debt and that includes my house. If Stephanie can do it, so can I. Stephanie thank you for your testimony.
Did you stick to it? I want to give it a go too. I am 32 and I have debt and a very small income. I believe Dave, when he says that my salary is my key to financial freedom. I want to do it
Unless you create a budget together and you both onboard with the budget, there is no point making the budget, else it is just a piece of paper with instructions trying to restrict his/her spending. So blessed I am no longer married. I honestly don't think I could navigate spending with another human being and I was married for 20 years.
Congratulations Steph and family !
Being debt free is a great feeling and great place to be in !
I love the show. It has taught me to focus on reality. I love what Rachel said, " Sit down, and what is our goal, not your goal. " I am going to do that. It may not be financial for me, but emotional. It is about the love of my life has MS. I am living with his pain. It can be too much to bear. Fear it is a great motivator. Not to be afraid.
That feeling you get whenever you and your spouse dream together is amazing. It's like you are there.
These two are officially my favorite combo on this show 🤣😀😀
Mine too !
Stephanie brought me to tears!!! Omg remarkable!
“You are either investing or letting inflation eat away at your purchasing power” saw this somewhere and it really resonates with me. I have about $300,000 sitting in a HYSA and I want to invest it. Where would you invest this as of now?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
45% of Americans do not invest in the stock market because of lack of guidance. Every year you don't invest, you are falling behind. I’m hitting numbers in the stock market I used to dream of…. Seeing my portfolio go from $80k to $600k in 5 years is surreal all thanks to insights from my financial advisor.
Who is this person guiding you and how can i reach he/she?
Thanks for sharing. I searched her full name and found her website instantly. After reviewing her credentials and conducting due diligence, I reached out to her.
SCAM ALERT
To the husband from Atlanta, you need to see the writing on the wall. Pay off all YOUR major debt (cars, credit cards, student loans). Cancel all the credit cards because I am sure they are in your name and send your wife out to the job market.
God put Dave in your life for a reason and maybe it’s not just to help you become a better steward with your money. I had to end an 8 year relationship that I thought would result in marriage. Right after I found Dave again is when the Lord opened my eyes and allowed me to see clearly that I was not going to get the cooperation that is necessary to build for our future.
Congrats Steph! What an inspiration you have me crying so happy for you and your daughters thank you for the inspiration! What an amazing women :)
And one thing I love about Dave, he does not coddle you! He came out the gate with the hard truth!!! YOURE BROKE!
Stephanie, congratulations on being debt free! What a beautiful story!! You are a rockstar 🎉🎉
It starts with mind shifting, knowing in your heart that the process works and staying committed to doing what it takes.
Bravo and the best to you!!
Congrats Stephanie! You and your daughters have an AMAZING future! Thank you for inspiring us all!
This lady is a beast. Awesome. I guaranty your daughters will grow up to be great people. Inspiration and wonderful example.
I’m so happy for Stephanie. I’m debt-free but I’m an entrepreneur trying to get my business in the millions but I needed up having a child in the process. Not planned. This makes anything possible.
Tears!! So proud of you! Way to go, Mama!! Wonderful example for your beautiful family! Felt that debt free scream! Praise God! ❤🎉🎉
Applause and tears for single Mom killing it!!
26:45 what an inspiration. She exudes motivation and gratitude for the point she has reached
Miss Stefanie is a Wonder Woman. Thank you for showing us all it is possible!!!
When I started my real estate career over 10+ years ago, my very FIRST training post-licensing advice was to get my “divorce decree” draft first before I joined a team or set up a partnership. That advice is worth GOLD! I have seen many real estate agents come and go, join a team, set up a partnership, and complaint and complaint about it. A few have needed up suing each other! It was a struggle to get my business going but I’m more stable now and going strong
Like Warren Buffet said, dividends are only good if the business you’re investing into can’t make good use of that capital. So if you’re trying to invest into businesses with actual growth, looking at dividends is a waste of time. Why are you investing into a company if they’re returning capital to you because they think you can make better use if it than they can. It’s not much different from bond investing. The way I see it if you have a $1 million at some point, that’d be enough to create a portfolio that would pay you between 50k-70k in dividend income...
It's not difficult, but you have to learn and handle. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.
@@devereauxjnr A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@@2024Red-j5t Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.
@@Countstep0099 Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.
@@2024Red-j5t Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
Single moms killing it! I’m saddened that she has to do it herself, no partner. I’m super proud of her!
It is so wonderful that in the face of inflation she is debt free it ... it gives hope to everybody listening to her story
A fatherless kid isn't something to look forward to, but if it's a responsible single mother then it's better than nothing.
@@PhilipMarcYT I’m not sure what “A fatherless kid isn’t something to look forward to” means. But if you want to change the narrative from “single moms” to “absent fathers” I’m all for it!!! Because the blame shouldn’t be on the parent who stayed to raise their kids.
@@mahoganyheaven1491 you must be a single mom...
@@joelmora2826 No, but I know many responsible moms with fatherless children.
I was with you on that Rachel. Really thought Dave was going to say sell the rental and pay off the primary. We are on a similar situation, so keeping our rental & paying down both asap is what we are thinking.
When the husband mentioned that his wife had no worries about money I felt his pain. She's like "WE make plenty of money so why are you worried?" As the sole provider, it's natural to look at your finances differently than those being supported. They definitely need a budget and HE needs to lead the conversation. Not dictate but LEAD!
How to lead a conversation when the other side don’t even want to listen…
Stephanie's journey made me tear up! Love this.
30:05 this debt free scream brought tears to my eyes. She definitely changed the trajectory of her family and what a beautiful impact she made to her kids.
Finally a man has said it! My husband treated me like a teenager for 20 years where he wanted me to be a homemaker so he could make all of the financial decisions and I just stay quiet. Just divorced recently due to that crazy reason. I never had a voice on our finances. I was willing to work but was discouraged. Once I stood up and said "I'm going to work and contribute", everything fell apart..it's called control.
Dear Sierra, its called the traditional roles of male and female. My Mom had to work the night shift because money was short, I was raised by my grandparents. My wife is glad and thankful she can stay at home in a big house I provide and take care of the kids. She doesnt wanna know about no finances, why would she.
You did that guy a favor by leaving him, hopefully you guys didnt have kids, I wouldn't want mine to be raised by a "strong indepentend woman" like yourself.
Go ahead an pursue your Career in whatever you want to do, I can promise you, in 30 years time, your now ex-husband's house will be filled with Kids and Grandkids that love Grandmas cooking. A house full of family and love, whilst you'll find yourself in your 60s lonely and unfullfilled.
If your aiming for a stay at home dad who can't even change a tire, go for it, I just hope that you clean at least 100k a year.
I swear to you, you hit the dream, a guy willing to take finacially care of you, the ability the raise your own kids, not worrying about a career and it's stresses, you WILL regret this for a lifetime.
@@maximiliannuener8002 I'm sorry to say that you are wrong. I did all the cleaning, cooking and took care of my daughter. He complained that I didn't contribute but yet wanted me home. Yet when I worked it was a problem 🤷🏻♀️ you can't win sometimes. I know I'll be less stressed out for sure and I'm not worried about money because my new husband, father and provider is God.
@sierradunn203Look I really took some time out of my life to reply to you because I feel bad for you, If you feel like your ex-husband is the Issue, so be it.
Just know that it'll be hard times ahead as a single mother, and finding someone will be difficult.
Reevaluate your choices, I really wish you all the best. I believe in you and that you will make the right decision for you daughter
@maximiliannuener8002 feel better trying to control and belittle someone else's wife on the internet who provided 2 tidbits of information for you to judge? Dang.
It’s true, don’t treat your woman like an idiot. I’m sick of the control, in the middle of a divorce myself.
This is great, David and Carolyn. I have been directing my life similar to Mr. Ramsey's recommendations before I learned about his show. In Islam, we are taught to avoid interest/debt. Keep God in your life.
That single mom is impressive and inspiring! Great work!
Let me say how great of a job Stephanie has done, including her family into the dept-free-journey. Her oldest daughter is a heroine. It's not easy to go against what your peers do, as a girl. I hope for all of them to strive.
I don’t understand how people making 250k as an individual has trouble making financial decisions. Like you have to be a smart person to make that much money I thought. A lot of Ramsey’s advice I feel like is common sense once you breakaway from social norms.
Thats a good one. Don’t treat “us” women within the marriage as teenagers but rather help mate & a partner in creating and following a budget. Great advice. Bravo 👏🏻
Inflation in Argentina will be 100% or more this year. I know seeing the prices go up in the States is mad, but imagine living here.
I can't😮!
Proud of Stephanie!
Debt is an extra backpack 🎒 that you have to constantly carry around with you.
True. Get rid of it😅
First debt free scream that made me ‘cry’ .
That was the most moving debt free scream. I could hear the blood, sweat and tears in her voice.
So deserving, well done!
Stephanie's story is so amazing! Awesome work!
I learned something new today. I really thought Dave was going to advise to sell the 1 property, pay off the 2 and be debt free. Thank you for sharing the reasoning. Love it! ❤️
I thought that he would advise to sell the rental too, as did Rachel, & I suspect the other personalities would have expected him to say the same.
Thank you for sharing your story, Stephanie.. very inspiring!
Yes the husband passed away in the house and it was hard but here you are going through hardship after making the decision. Do not make decisions when emotions are high. She knew this but didn’t care
The fact there was no insurance payout means he died by suicide. I can't imagine what she went through. No need to be callous and judgemental.
That single mom is an inspiration!!!
Such a beautiful debt free scream. I'm just so inspired!
Thank you so much for your teachings Dave
Stephanie is an AWESOME and very blessed woman. She is a true rhino.
20:00 Stephanie's story
god bless you ❤ you have no idea how powerful your testimony is . its changing lives
Stephanie. I wish there is a lot like you. A lot of women’s lack what you have! Great job ma’am
Stephanie's story was so inspirational
I just supplied an answer to someone that wanted to take on a second mortgage
My Answer: no..No...NO
Cust expenses and Payoff the first mortgage and
then when you are 100% debt-free then look at the advantages of picking up another mortgage
BUT
Under NO CIRCUMSTANCES should ANYONE carry 2 mortgages..that is a financial death sentence!
Congratulations Stephanie! 🎉you are a motivation ! You rock 🎊🎈
When Dave and Rachel are on together. They communicate as Father and Daughter.. We cannot always read between the lines. I inderstand they have their own connection. I understand Father/Daughter connection..however i cannot always follow... the talk.
16:00 We are worst than ever 2 years after you said it Dave 😢
July 2024
A great show dave 👏 with a lot of useful information 👍
Yessss Stephanie. Way to go. Glory be to GOD. Fellow Bostonian. 💪🏾💪🏾🙌🏾🙌🏾🙌🏾🙌🏾
That was the best Debt Free story that I have ever seen! way to go Momma!!!
Wow - very well done Stephanie!
Awesome 👏 May The Most High Continue to bless this beautiful family ! Thanks to The Ramsey Show ! This warrior just inspired me to become debt free !! Amen 🙏
You can laugh at Rachel later on when she has to buy a battery for that Tesla at $40,000.
What a beautiful family. God bless them 🙏
I get what Dave is saying. Mario, please be mindful how you approach your wife. Tone is everything.
I mean this with all the love, Rachel please stop dumbing yourself down for the show.
You know what inflation is and can explain it without help.
Embrace being fierce, pretty, AND intelligent.
You are more than Daves daughter and Winston's wife. Own it!!!
I'm cheering for you. You got this
As always great show . Very informative 2 hr session. Great job Dave and cohost.
Cohost is his daughter :)
God bless her. That was very beautiful and very very motivating.
Congrats Stephanie!! That’s amazing and inspiring 🎉
Thank you for the content from belgium
Whats Rachel's Teslas name!!!
Just picked up model Y
Me encanta cuando están Papá e hija!!!!!!!!
Congratulations, mom and eldest daughter. You did it!! Good luck
Dave Ramsey was right! Again! Our inflation now 5.3% May 2023. Gas still up, but we’re better than 11 months ago!