I think the Ramsey team have listened to the RUclips comment section. Dave on his own is what we asked for and they have delivered. Long live the King 🤴
Note to anyone going for a STEM PhD: you should never pay. You should always be paid and have tuition covered. If you are paying, you are doing it wrong.
Yes, "LOL" is over- used, but I seriously Did laugh-- Out Loud-- (and spit my coffee)-- at the "muffler" anecdote! Tough Guy impressing his date about what a Big Genius he is. --Only to be Reminded to check his ego at the door! Thank You for your humility as well as your levity. We've all been there.
The gal that owns the theater is tugging at my heart strings... I know how hard it is to feel like you have to do everything right for your child to be ok ❤️
I found that with alot of people, more women than men I THINK, when it comes to buying a brand new car. Women feel that brand new car is going to give them that sense of security, of hopefully not breaking down or being stranded somewhere. It's hard to shift people's mindsets when buying vehicles. I am 40 I've never once bought a brand new car or even thought about it.
Someone please help me understand how refinancing a mortgage isn’t triggering the borrower to start over with an amortized mortgage schedule that favors the bank during the first part of the mortgage. That’s the exact reason why mortgagors aren’t simple and interest is front loaded. The only way that it amortization would matter is if one assumes that the mortgage will be held for the full term … and what are the chances of that? In which scenario, 1 or 2, would the borrower build up more equity? 1. A 30-year mortgage held for the full term. 2. The same 30-year mortgage that is refinance in year 15 with a 15-year with similar terms and then held until the full original term.
TO THE GUY IN NEW YORK Why are you calling Dave when you should be talking to your parents? Figure out what you want to do with your life! It's your life. Make a decision.
Personal det my wife and i owe 15k in outside det car house and credit card. Then we care det free at 55 years old. We just bought a big rig for cash and we have our emergency fund set up. We borrowed the money from our savings to buy the truck and start our business we are paying ourselves back weekly as we can. Plus we just paid cash for a new roof for our house. Monthly income net 12k month so far over the last 4 months. But we have no retirement what do we invest in the market for a comfortable stable retirement by 60.
and, forgive me, but isn't the-- I'd say-- untenable cost structure of (almost all) condo buildings EXACTLY WHY the florida collapse happened? AKA, in short, the upkeep VS realistic expectations causes condo associations to DESPERATELY (/unrealistically) kick the financial can down the road-- Too sadly, witness the result of such self/ collective deception.
Dave- this is at least the second time I've heard you-- without qualification-- suggest someone buy a condo. I call condos the quiet cousin of Timeshares: Once you do the full math with 1. "maintenance fees" (which only go up and up) 2. "assessments" (same)-- they are LOSERS. Please explain. You are the Rock-- surely it's me missing something.
@Ian Boyle Sometimes it's not just about the money but the stress that comes with a house versus a condo. For the MD PhD student, a condo is better as it takes the stress of maintenance off her, so even if it'd more expensive, it's still a better value.
@@regularity2556 With a condo or townhouse you can HOPE that your money goes to maintenance..but look at Florida..lives lost because the HOA fees were not used properly. In your own home you KNOW that the maintenance is done!
Dave showed he doesn't understand the tax implications of roth versus traditional either. He's not perfect. His overall advice is good and that's what matters. If you put say $50,000 in contributions (pre tax) and pay 30% in tax in a roth you start with $35,000. You only pay $15,000 in taxes. Say that $35,000 turns into $700,000. And when you pull it out no taxes. You have $700,000. Now pretend you put $50,000 in a traditional no taxes to start and assuming the same investments it turns into $1,000,000. Now you pay $300,000 in taxes. You still pull out $700,000. There are advantages and disadvantages to both. But Dave's comments show he doesn't understand how the tax implications work.
Really love it when he’s by himself like the old days he has so much experience and wisdom to give!!
Love these Dave days...people have different talents and abilities, but the show is not the same when it's not Dave.
The confidence and thought process put into answering these questions is why I stay tuned into the show.. 👏 good job Dave your a excellent teacher.
9
I think the Ramsey team have listened to the RUclips comment section. Dave on his own is what we asked for and they have delivered. Long live the King 🤴
Note to anyone going for a STEM PhD: you should never pay. You should always be paid and have tuition covered. If you are paying, you are doing it wrong.
The greatest gift a parent can give is a name that doesn't require 24-7 correcting.
Here, here, Jerry!
You're absolutely right Larry!
Woooohoooo Papa Dave is back!!
Yes, "LOL" is over- used, but I seriously Did laugh-- Out Loud-- (and spit my coffee)-- at the "muffler" anecdote! Tough Guy impressing his date about what a Big Genius he is. --Only to be Reminded to check his ego at the door! Thank You for your humility as well as your levity. We've all been there.
The gal that owns the theater is tugging at my heart strings... I know how hard it is to feel like you have to do everything right for your child to be ok ❤️
dave Ramsey may god blessed you brother good job.
Way to go Michaela!!!!!!!
Great show Dave! Neat!
Keep this Godly Wisdom coming Dave; love your Show. Dave A
Thank you for bring apart of helping change my life.
This should be required your senior year of high school
I found that with alot of people, more women than men I THINK, when it comes to buying a brand new car. Women feel that brand new car is going to give them that sense of security, of hopefully not breaking down or being stranded somewhere. It's hard to shift people's mindsets when buying vehicles. I am 40 I've never once bought a brand new car or even thought about it.
Someone please help me understand how refinancing a mortgage isn’t triggering the borrower to start over with an amortized mortgage schedule that favors the bank during the first part of the mortgage. That’s the exact reason why mortgagors aren’t simple and interest is front loaded. The only way that it amortization would matter is if one assumes that the mortgage will be held for the full term … and what are the chances of that? In which scenario, 1 or 2, would the borrower build up more equity? 1. A 30-year mortgage held for the full term. 2. The same 30-year mortgage that is refinance in year 15 with a 15-year with similar terms and then held until the full original term.
My wife is the smart one. She has taken care of our investment's. We also 45 property's in vacant land all of it paid for no det.
TO THE GUY IN NEW YORK Why are you calling Dave when you should be talking to your parents? Figure out what you want to do with your life! It's your life. Make a decision.
They're still spark plugs. Fuel injector does fuel
Thank you Ramsey its great thank you i appriciates to it more blessing to you thank you thank you thank you amen
Could we get a follow up from the flood guy?
250k net in only four years
Personal det my wife and i owe 15k in outside det car house and credit card. Then we care det free at 55 years old. We just bought a big rig for cash and we have our emergency fund set up. We borrowed the money from our savings to buy the truck and start our business we are paying ourselves back weekly as we can. Plus we just paid cash for a new roof for our house. Monthly income net 12k month so far over the last 4 months. But we have no retirement what do we invest in the market for a comfortable stable retirement by 60.
Plus other income what do we do from here
and, forgive me, but isn't the-- I'd say-- untenable cost structure of (almost all) condo buildings EXACTLY WHY the florida collapse happened? AKA, in short, the upkeep VS realistic expectations causes condo associations to DESPERATELY (/unrealistically) kick the financial can down the road-- Too sadly, witness the result of such self/ collective deception.
Dave- this is at least the second time I've heard you-- without qualification-- suggest someone buy a condo. I call condos the quiet cousin of Timeshares: Once you do the full math with 1. "maintenance fees" (which only go up and up) 2. "assessments" (same)-- they are LOSERS. Please explain. You are the Rock-- surely it's me missing something.
@Ian Boyle Sometimes it's not just about the money but the stress that comes with a house versus a condo. For the MD PhD student, a condo is better as it takes the stress of maintenance off her, so even if it'd more expensive, it's still a better value.
@Ian Boyle you've never been in a bad hoa if you think condos are no hassle.
@@regularity2556 With a condo or townhouse you can HOPE that your money goes to maintenance..but look at Florida..lives lost because the HOA fees were not used properly. In your own home you KNOW that the maintenance is done!
Dave showed he doesn't understand the tax implications of roth versus traditional either. He's not perfect. His overall advice is good and that's what matters.
If you put say $50,000 in contributions (pre tax) and pay 30% in tax in a roth you start with $35,000. You only pay $15,000 in taxes. Say that $35,000 turns into $700,000. And when you pull it out no taxes. You have $700,000. Now pretend you put $50,000 in a traditional no taxes to start and assuming the same investments it turns into $1,000,000. Now you pay $300,000 in taxes. You still pull out $700,000. There are advantages and disadvantages to both. But Dave's comments show he doesn't understand how the tax implications work.
Minus house of 120k
NISH