What The Coronavirus Crisis Is Exposing About Everyone
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- Опубликовано: 29 сен 2024
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Chris Hogan should narrate a nature documentary
OMG YES! I support!
Chris the voice of mankind.
He could be the James Earl Jones back up, sort of. James voice still deeper.
Really anything.
Man worship lol !!
Keep money on a debit card and have cash on hand just in case.
Small bills..nobody will have change for a 20
In case of what?
No! No! No! NOT cash! Not now! Cash is a carrier for disease and Coronavirus can live on surfaces for days. Use a credit/debit card, one that is contactless preferably.
Darin Herrick drink your kook-aid. they’re trying to push us cashless. Friends afraid to use the cash already in their wallets.if the cash in your house is infected-it would have already made you sick. Exchanging could be different-but the risk is insanely low. If in doubt, use gloves
@@darinherrick2503 see you dont realize what is happening to the economy. The fed droped interest rates to 0%. That is not a good sign at all. Banks are going to start going out of business because all these people thathad jobs no longer have jobs and are not saving because they cannot afford to. Well if you have cash, well you wont lose it if the bank fails
most people do not have sufficient emergency fund sitting in their piggy bank.
Should
Many people don't have a piggy bank either. Mine ran off, two years ago now, to have fun with her boyfriend hammy. He had moved to the next county. So they decided to elope to Vegas back then. Living happily ever after now, along with many a piglets.
I'm very lucky to have a job right now and get to self isolate, but at some point I could get called to the front lines for duty. I love what you guys teach because it plans for these times
Farquharson front lines for duty for what?
@@jaceski5806 Cuh-rona virus
I wish Dave would stop suggesting that staying home is an overreaction. Be kind to the Doctors who shouldnt be in a position where they have to chose who gets the ventilator (lives) and who doesn't (dies) because there aren't enough and people decided social distancing was for wusses.
@robin huff I assume, that despite your comment, you did bother to note that countries in lockdown are able to access medication and go food shopping unless in quarantine. This is common knowledge at this point. America currently has more deaths from Co-Vid than 3x 911 attacks. It wouldn't have lasted months if the lockdown had been done earlier when we saw Italy go down, which was a warning of the seriousness of the situation.
Agreed. If you can, just stay home. It’s just better for everyone, these nurses and doctors don’t need another person taking up precious space and equipment for acting stupid.
robin huff it means only having to go out for medicine and food. The most we can do for the first responders is to not add to their burden. If we stay home as much as we can there there will be fewer cases then it would be less riskier for our medical and health workers. It’s hard but these days it would be nice not to think only of ourselves. Our small sacrifice can save a lot of lives.
It's really hard to be comfortable right now based on your airline miles..🤣😂🤣😂
I love Dave
You are correct... this pandemic REALLY has changed the way I think about my debt. I’ve spent numerous hours reworking my budget to pay off my debt as quickly as possible. Luckily....as of today...I still have a job and am able to keep making those payments.
Thank you so much for your show. I just Love Chris🥰He is always so Calm and so kind. You are both so right, we have learned so much in this Pandemic . I will never be underwater again if,we make it out of this 🙏🏼Amen & Amen
I’m more worried about the how people handle this situation than the actual virus itself. 😂😂😂 Many people are acting crazy over this virus.😂😂😂
Go into an ER wear a mask please. Are first responders, doctors, nurses crazy for helping people?
That's why besides my emergency food, fuel and money; I have guns and ammo..
@@elizabethlibero1878 That was never insinuated.
Dave and Chris! My two favorite uncles!!
Finances aside, it's definitely true that many people have begun to panic causing senseless fights over toilet paper and mistreating Asians, we should also not take this virus too lightly. It is spreading incredibly quickly and has the potential to cause a lot of harm. We have to work together to protect ourselves and our communities.
Everyone who gets the 1k check isn't going to pay their rent which already tells you about most people.
Well considering I have no idea where you just got that from I’m just going to say your mislead because there’s no way to know that. Second the money is necessarily for rent it’s for spending it on the economy
@@whz4life Its been a few days and most people after reading Instagram, Facebook comments and posts majority of people are going to blow through that 1200.00 and not pay rent but pay themselves and invest in the dropping market so I don't know why you would think I'm misleading.
I know the restaurant people it’s gonna go right up there nose... those people know how to party
What you say about others says more about YOU & how YOU think.
Your right...that's what I think.
Dave, here locally they don't take cash only contactless payment because they want to stop the contamination flow that paper money give.
Can you imagine where the market would have went if the Gov't didn't intervene? That 30% down would have went to 45-50% down. Dave just said something that I don't think he was aware of and that is these markets are rigged. When he said if it's what the markets want and need to rally then he is admitting that the markets are rigged. What is the difference between investing in a rigged game and using credit cards?
Dave saved me!!!!!!! Just DO the steps and do them today. Prophetic.
I found Dave 1 year ago, right before trying to buy a new luxury car... thanks Dave!
I agree 100 percent
This crisis needs to change this country fundamentally in many different ways.
If it doesn’t, we’re doomed.
Peeing in a forest 🌳🔥🤣🤣🤣🤣🤣
I would pay to hear Earl Jones Jr, Morgan Freeman, and Chris Hogan talk
This epidemic as thought us a lot as a couple. It's a lesson well learned and we are just aligning ourselves for growth going forward to financial success. 🇯🇲💰
Out of debit in october. Thanks dave.
Any one have part 2 of this video where Dave break dances on a card board in that suit ? Thanks in advance
This is not social distancing right here SONNY BOY
We'll see who the ants and the grasshoppers are. (Aesop reference)
Yeah right Dave. You say that until YOU get coronavirus. Then let’s hear your thoughts
Malevolent Elephant I understand what you are saying, but how many days of your life have you added by worrying?
Malevolent, My husband and myself did, we survived and thrive. Nothing is going to stop us.
Malevolent Elephant Not living your life in fear is the whole point.
Judy Mckee I’m so glad to hear you two are doing better and made it through 😊
How much longer are you going to remain blind Dave.
Understand the message. Money doesn't exist anymore than anything you have.
Your soul is lost by your belief in a falsehood of meaning.
2008 was my awakening, lost job, lost overpriced home but still had some savings to survive. Now during this crises, my job is essential, home is secure, money is good and God is faithful!!
You are one of a few that learned the lesson. I think most people went right back to the bad habits they had before the recession.
same here but for us it was 2010. since then we realized all the stuff we used to buy was unnecessary. I'm constantly asked why I drive a 2008 car that's old, my responce.... it's paid for and gets me where I need to go. God bless
Me too, Learned my lesson. Safe and secure. Always keep my faith!
God bless you. I'm jobless now in a foreign country and have been surviving on savings since Jan 2019. Living with the in-laws, things don't look good as it looks like recession 2020 is already here. Hope I get out of this with my mental and physical health in check. I made a calculative choice to move out of my safety bubble in my own country which was and is doing well to recover in this testing times. Only time will tell if I made a good choice.
That's when we learned our lesson too. By the grace of God the only thing we lost was our car and our credit score, both however needed to go. It did take us 9 years of heavy struggling to get back on track. Now we're doing pretty good. My husband has a necessary job and we have money in savings and are adding to it each paycheck.
Dave’s dressing like a Slavic mob boss right now
Didn't see that till you brought it up....
But he does look like someone who would fit right in on a Brooklyn/Bronx/Queens street corner.
Haha!
Lol best comment! We shall call him davic ramsic.
lol
Putin was rocking a track suit this week. Wonder if Dave was inspired? 😂
It's time to buckle down and get healthy spiritually, physically, and financially.
No Debt But Love YES BROTHER SPECIALLY GET CLOSER TO JESUS
So true
That part. ☝🏽
And to get involved in Permaculture, sustainable living.
No Debt But Love 🙌🏾
I learned my lesson in 2009
2020:
-debt free
-six months of expenses plus some extra
-pantry full of food
-closet full of TP.
😂😂😂
slydogger 😂😂 I’m still confused by the TP!
@@kld1068 the problem with not having tp is the fact that you can't even go get any from the store. same with Lysol. I have resorted to using cleanser that may or may not help but that's all I can get. life goes on or it doesn't
Problem is you are always a target when society breaks down
@@NatyzDork Everyone is a target when society breaks down. Who is a bigger target though; people who are panicking and in your face or people who are prepared and laying low? Being stable and prepared allows one to think without fear or panic and make better decisions. Life is never without risk though, no matter how well prepared someone is.
When the tide goes out, you can tell who was skinny dipping - Warren Buffett
Jose Guapo hahaha
Preach! 👏
That's what I've been thinking for weeks now
Jose Guapo very funny!
@Curt Christensen and when it goes out too fast, it comes back with a vengeance. Family members of 227,000 dead Indonesians can vouch for that.
I'm so thankful me and my husband started listening to you- Right before I almost got a new car (because I was sad that I didn't have a new car😂). We just paid off our credit cards about 24k worth in February. If we kept living the way we were. This would have devastated us. But we have about 5k saved up now. I am honestly so OK with driving my 17 year old car I paid 2k for as opposed to being stuck with a 300 dollar car payment.
Karen Buckley exactly! Avg payment is $500+.
Good for you guys
No one is driving anymore. It would be stupid having a new car depreciating while it sits around.
@@user-tb7rn1il3q I was looking into buying a new car in 2018 before I found out about Dave Ramsey is what I was saying.
@@user-tb7rn1il3q also I work in home health so I drive everywhere all day!
Imagine if everyone in America had followed Dave's advice from the day they became an adult.....
@J P That or setting comfortable in their paid for houses.
We'd all be out on a cruise ship unable to dock anywhere.
What if what if what if
man - if I had found him 10 years ago instead of 3 years ago 👀👀👀
We need to teach our kids from a very young age so they don’t make the same mistake we made.
“If a $1000 saves your life, you didn’t have a life” wow. Dave just slapped my face with a raw truth.
And yet he says a $1000 emergency fund is a necessity..... So which is it?? He's a hypocrite.
Greg Snyder why worry about paying back debt if you just going to save cash after
@@drgjs I know what it is for... If you cannot see the irony of his statement then you are really out of touch...
Yeah $1000 does not save your life for very long. Thats not even 2/3 of rent.
That if you measure your life with money.
One thing I learned about this pandemic is that toilet paper is more valuable than water. 🤷♂️
Right??? Who knew? 😅
*THE VEIL* HAS BEEN PULLED DOWN!!
Someone's been hitting the pipe a little too much, I see.
Ha ha ha !!! So true !! 😆😆😆😆
Just use a bidet!
Lisa Eichler-Johnson I keep saying this!!! And people freaking out over sanitizer-use soap and water, boo! 😂
Anyone else get voice envy when you heard Chris speak?
I feel more feminine after listening to his voice
@@mofojohnson1 good one! I feel like I'm listening to an Allstate commercial. Except they want to teach me how to do good with my money instead of getting it from me.
When I heard his voice.i later find myself trying to imitate.but as Charlie brown would say,"oh brother"
I just wanna hear him say, "No, Luke. I am your father."
I just want to hear him say "you're listening to the sounds of the seventies on sirius radio"
“Facts are your friend”. Listening to Dave has made a huge impact to my attitude for the better.
We choose truth over facts 💪
Dude we have 3.3 million unemployed
Fact
If they (the fed and government) are able to temporarily "save the day" please don't get complacent!! Use that time to get aggressive with your financial goals so that if we do really enter tough times you will be prepared.
*begins the slow clap*
👍👍👍👍👍👍👍
Oh and they are. Our system needs a complete overhaul.
Do you think times will get worse when the reality of the situation really sinks in? Like no commerce really going on, no production & ppl staying home??
I don't think I've ever seen 'the fed and government saving the day' in a sentence before.
Taking responsibility for your own life is very liberating
If only more people understood this.
🙏🏾
Wholesome thread. Keep spreading that light Pat!
True!
Thanks Dave! I probably never would have had an emergency fund without your advice!!
You gotta hope you don't get sick while the hospitals are being overrun.
Miguel, You don't hope, you do something about it. Keep your immunity high, eat right and exercise. If you have the virus ( which I did, due to direct contact), it is not going to be fatal.
@@judymckee5992 This is all true but what I meant was. Anything can happen. But this would be the best time where NOTHING should pop up.
Judy Mckee I’m fearing for my life I guess I’m watching too much Fox News lol I work as a health assistant and haven’t been able to return back to work as of yet because I’m recovered from the flu but I will be going back next week and I’m scared to catch this disease 😞
Sandra Jefferson if you’re healthy you probably won’t or If you do you will recover.
THIS
I FOUND DAVE'S RAMSEY A HERE AGO ON RUclips...THANK GOD I DID...I SAVE 25,000..AND I PAID OFF MY CAPITOL ONE CREDIT CARD.I DONT LIVE OUT OF MY MEANS....
Michael smith Good on you!
What's a here?
Adam Year not Here
Michael Smith, Awesome!👍
That’s it? Step your game up bro.
Lol, just kidding
Stuff like this makes me even more confident that a lot of people aint gonna make it if an apocalypse or world war happens.
Genius insight there Ray Charles.
People wont make it because common sense is lacking in a huge number of people.
I'm self-sufficient. Can grown my own food and hunt. Then we have a fire place in case that does happen. That way we have a place to stay warm and cook. Even two ponds out in the back to strain and boil our own water. We can our own food.
@@christins.1481 Not gonna do much good if radiation contaminates water, food supplies, etc. Fallout's a bit unnerving. Useless you got an underground coal or salt mine...
Khoa this is the apocalypse
“Never again will American Express call my house unless it’s the wrong number”
youngsiles17 Bank of America for me!!
I removed my American Express off my Apple Pay and I got an email saying it was talking off for reason other than I didn’t want to use a credit card again.
Thank God I found out about Dave 3 years ago. I couldn’t imagine not having an emergency fund right now
Sam Eats & Hikes Same here!
Totally agree.
Dave, I’m truly a fan of yours. Been listening to you for years and I couldn’t have achieved financial freedom without you, and I thank you for that. However, you’ve also taught me over the years to call a spade a spade and that we all have human biases. I remember in 2014 you made a bigger deal about Ebola and Obama than you are about the current coronavirus. We had 11 Ebola cases in the U.S. and 2 deaths from it. This pandemic is much worse and I hope we can be a little more realistic about it. Fear isn’t healthy but reality is. Thanks
Jonathan Chang yep it’s the one thing I can’t stand about Dave.
It’s because he’s a trumpster and he lives Fox News.
A true conservative he won't repent for that, that's his issue to deal with, let his justice be served quick and true.
John you’re beautiful.
source please?
YOU CAN NOT WAIT ON THE GOVERNMENT TO SAVE THE DAY.... Truest quote & fact i have ever heard 👏🏼👏🏼
Tell that to the soldiers of WWI and WWII.
The US Government is not the enemy of the US people.
Ah WE THE PEOPLE ARE THE GOVERNMENT, FIRST RESPONDERS & THE ONLY ONES WHO CAN HELP & SAVE OURSELVES
Tell that to Boeing.
Steel Castle no one is saying the US government is the enemy, they are saying u cant be hopeful of a $1200 check from the government to save the day/life.
@@titiscreations9554 Show me a person or news cast that said it would ($1200 check from the government to save the day/life).
My Dad use to say, “the world doesn’t owe you a living!” “There are no free meal tickets!” Sage truth! Be prepared for anything!
Lol say that to the banks to constantly get bailed out lol or the stock market lol
People don't care, they will try to take what they haven't earned.
Ricardo m if you can’t beat them join them. If not continue your life living like a victim
@@profitwages9625 lol why did you call him a victim?
@Joe Blambato jr Trumpers think it does
Corporations are getting exposed for not having an emergency fund and about to get bailed out. Oh you only thought bring financially responsible applied to poor and middle class individuals?
They are getting loans. Not free money. The poor and middle class are getting free money. Big difference.
@@David-fw4ly Explain the bailout of 2008 then?
Eric Centeno I’m talking about the Coronavirus stimulus bill. I’m not talking about the 2008 bailout, so there’s no point in explaining it.
@@ericcenteno342 you mean the bailout that Obama said the government made a nice profit on? That "bailout"??
This definitely exposed businesses as well. So many focus on regular working class but many of the people we work for are just as unstable.
I watch Dave and Chris when i am tempted to shop online out of boredom. I have saved and stacked my savings account because of these two....thanks guys.
On baby step 2 and right now my job looks fine. Living very frugal without panic. Yes I've eaten out twice as I want to support local businesses. Have plans for my 1200 and it's not to blow it. My get out of debt is still going forward.
Me too!
Quit going to restaurants for a minute
@@dcole302 yep
Definitely agree about waiting on the Government that's not gonna fix it just a Bandage for the moment the real deal is having those 3-6 months of saving not all the way there but almost.....Continue to give the "TRUTH" ✊❤
Thank u dave i just paid off my car loan today
So happy for you. I know that is an AWESOME feeling!! ❤
marivic maniego I paid mine off two weeks ago. Congratulations!
Captain snacky my car is 4 years old good bye car loans
marivic maniego congratulations 🙌🏾
It's exposing that we don't have a plan, most of us and panic and fear can easily win over us. We need to relax, make a plan, get the facts , face them and make another plan
People go on holiday/ restaurants/pubs/sport..... Preppers think😷😃
I've always listened to what Ramsey has said, but there should be no one that should ever say thank God for the coronavirus. To say that is to focus on a narrow scope of mind, and a lack of empathy to those that are affected by more than a simple financial situation. I am disappointed that he thinks a six month emergency fund is enough for a crisis such as this, and that his plan is more than sufficient for times like this. I am financially stable for six months, but something like this can extend further than a few months; for his sake I hope this doesn't impact him to the extent that it has affected other industries.
Full time work at minimum wage leaves you with about 15k a year. This stimulus check is a full month of pay for the people who can't work right now. Maybe to a millionaire it's like pissing on a Forrest fire.
and yet the govt has folks waiting a whole month or more to get it.
LThere is no reason an able-bodied, intelligent adult cannot acquire skills that will demand more than minimum wage. It comes down to desire or lack thereof.
You sound extremely privileged. If it were something easy or natural to just make more money why would multiple millions of people be there. Come back when you're a disabled depressed felon living in subprime housing and half of your income going to debt and then say it's easy. That's not me but that's thousands of people.
Being a felon is a choice. Being disabled is not. Get off your high horse.
It's incredible how simply learning to save for emergencies like this will utterly change your life. That's the first thing we did after graduating from FPU and it's been a cornerstone of building a financial foundation for our lives. Still flabbergasted how quickly people discount the important of paying your way.
It seems like people get more excited about their savings in times like this when some people are struggling. Depending on your luck and so many other factors, you could run out of your savings in few months too. Just be thankful you have an emergency fund and stop trashing others, we don’t have the same exact experience. It is not like everyone knows Dave or FPU. Have compassion and like Dave said don’t forget to give!
There's no such thing as good debt. If everyone was out of debt an economic shut down for a few weeks wouldn't be such a massive problem.
That doesn't quite follow. The only thing that really follows is that the majority of people weren't using good debt, not that it doesn't exist.
@@Somuchcooleronline1 Correcto
Have you seen the rich dad poor dad guy super frustrated on twitter lately. His true colors are coming out.
@@karig1224 oh is he mad? Why? I don't like him lol
Yeah but that’s why we have a hyper inflated bubble and the shadow banking sector has much more leverage than we thought. Coronavirus looks like it will be the “pin” that pops the bubble
I’m still on baby step 2. But I have come a longgg way from where I started. I’ve paid off 5 credit cards, still have 3 left (between my husband and I) downgraded in vehicle, and have my $1000 emergency savings. This crisis has just fueled me to get out of debt even quicker than before ! I’m glad I atleast had my emergency fund to purchase alittle bit extra groceries 2 weeks ago. If I wouldn’t have paid off my credit cards I would still have less than $100 in my savings right now..
It seems to me that the whole situation is what can be called "The Great Reset". Family becomes more important. the trivialities of life are shown as just that. Triviality. The world has, through one microscopic virus, changed for the better with a renewed focus on the precious family! There is a huge blessing in this!!! -C3
Carl Tyson that’s a sweet way of looking at it.
That’s what I hope and pray happens, but the sad reality is it will probably take a lot more then this to shake this selfish and hateful nation that we live in today
That is my prayer. That people wake up that all the “stuff” was unnecessary and people see what really matters and how important saving and being frugal is. And that we all appreciate the people around us more.
@@taxr2111 We have to see the good in all things, even trials otherwise we will never see the solutions.
@@vinniedeluca2188 It starts with us individually, yes. We need to be the solutions individually and the examples. Than that makes the difference. I agree.
If I learned anything I will always have an emergency fund. I have money saved for my “future home” so I’m ok but yes never again pay check to paycheck.
And yes I would say thank god- thank god I was able to realize how vulnerable our society is- physically. Finances are a little less important if you are burying (or unable to bury because of this virus) a family member. Thank god for the reinforcement of how precious life is and that I know I will protect my daughter no matter what it takes. This isn’t just a financial factor. People are dying on a daily basis from this virus
I thank God that I decided to change my story years ago. Got into a job that is now considered essential and so did my wife, we're luckily not being negatively impacted financially by this pandemic.
Dustin Fritz Same here, both in government jobs
Except, if you are deemed essential, you have to be on the front lines, and you catch coronavirus and die. Like the bus driver who made a viral video and then was dead a week later.
@@ineedhoez bus drivers are essential?
Dustin Fritz yes, especially living in nyc. How would the other essential workers get to work ? Not everyone drives
@@classygoetty1008 ... Subways...... in NYC?!
Dave Ramsey, challenging times like this. Show who your real friends are, and could make family bonds stronger than ever. There is opportunities lurking at every corner, in challenging times like this. Dave I have yet to physically meet you, however before God takes US (YOU and I) from this earth. Hopefully God introduces US to each other in the same CHURCH. My FAITH in GOD is unstoppable, I am working more hours now than I have ever worked in my life. God continues rolling out the RED CARPET for me.
If Dave's recently pregnant daughter were on her deathbed due to coronavirus complications right now, I'm sure he wouldn't be saying "praise God for coronavirus!". The impression is that the whole point of life is money and emergency fund. You won't take your millions into the grave with you.
I'm sorry that you have a family member suffering, or that you're deep in debt. But you should have changed that when you had the chance @Dinara Kiev
@@MS-on9bv Neither, fortunately, but thanks for your sorrow. I see lots of suffering in others, I’m worried about my elderly parents and I don’t understand how anyone would have a sneering and snobbish attitude towards pain and struggle, especially those who were fortunate to make heaps of money with God’s help, which I’ve noticed a lot in these videos.
Anyway, I’m wondering why you would be pointing out to me what I should/shouldn’t have done? You don’t know me, you don’t know my situation. Why such boldness as to instructing me?
@@deRose03 I simply assumed that you were in such position especially since you wish ill will upon Dave's family. I hope nobody ever thinks that way with people near and dear to you.
@@MS-on9bv Instead of making ignorant assumptions you could have just asked me directly. Secondly, do you understand the difference between wishing ill will upon someone’s family and using a subjunctive verb in an “if” clause that expresses a statement contrary to fact? You are quite a slanderer! Very unkind of you, thanks. It would be similar if I say you wish me to be deep in debt and you wish ill will upon me.
As the leader of my company I have step up and work harder than ever before, so my workers can have a job to come back to. Keep me in your prayers guys, this one is for you.
JDAC, thank you for your efforts. Stay well and take care.
Hooray for you. Good health and the best of luck!
A true leader !
JDAC your a lovely man all the best to you and I will keep you in my prayers. Best of luck! 😊
Great job. Stay strong 💪🏾.
Anything you can do for nurses who are putting their lives on the line without proper protection??? We need N-95s, not hugs.
Kay Slane He’ll think about you really hard...er I mean...pray for you.
@@barefoothippielibtard9691 if would be funny if he got it and had to go to hospital
Kay Slane - My wife makes masks 100% cotton. Making masks for hospitals and general public. If you are interested, Facebook- Cora Sewn
FDA just approved the use of KN95 masks and they are plentiful.
One of the most devious manipulations they are using is by promoting and politicizing nurses and doctors as frontliners as heroes for working during the corona virus! In my view they were heroes before this virus and will be long after! As a health worker I would not fall for that fake sense of patriotism they are narrating to you because to most people you are a hero wether covid exists or not! The only difference is the government is using the cover of this virus to give you the national respect you already deserved but would never give unless it DIRECTLY benefited them! Now your out there risking your lives by simply doing your jobs and they call you heroes and create propaganda but it is only because you are helping to carry out there underlying objective! True heros do not work part time as heros and they do not get acknowledged only in the darkest hour they are appreciated when not needed even more!
Keeping 6 months of money in a bank account is the best discussion made for 2019.
No Trusting in a Sovereign God that Defies financial crisis and feeds you is a better discussion made 2020. 5g and money can't save you anymore as we move towards a New world order
No it is not going to be ok, infection is expending, I am frontline care worker, as a physician I can tell you that things are moving the wrong direction
My crisis is not being able to work full time with two kids at home . We are on lockdown my sons daycare is closed and daughters school is closed through year . I am a social worker and have to complete multiple assessment over the phone with my clients . I HAVE to meet my metrics and I can’t .... I am going to end up getting fired. I am the breadwinner and am currently in my masters degree ( and pregnant ) and hold the insurance . My life will be ruined. We have a savings , we do. We have about 2 months salary for both saved up but our basement just flooded had to get all new floor ding new water heater new washing machine etc... also we pay 1,500 a month in daycare and we are STILL REQUIRED to pay daycare even when it is shut down...
“Sometimes you go through a personal Great Depression”
So glad I did baby step 2 and 3 at the same time. I paid my debt down slower but I have money saved and now I won't go more in debt. Everyone save money!
Most importantly know what works for your family and you don't have to put anyone down.
Millionaires telling regular people to calm down .ok
😂😂😂👏👏👏
@@blank3115 I'm no millionaire, but have the prescribed emergency fund, and am not worried. It CAN be done.
Regular person here. Dave's principles allow you to financially weather a storm. People who have saved "for a rainy day" can focus on staying well without the worry of financial ruin. Being debt free and having a significant emergency fund gives piece of mind and allows the flexibility we are using to, for example, pay to have groceries delivered.
@@CrawlinTJ50 Same, having an E fund and less bills does wonders for your finances
Dave wasn’t born a millionaire, a lot of rich people weren’t born rich they just made better financial decisions.
Thank god for the virus. Is he serious. Look at the pictures from Italy and Spain. What about New York Dave. The stories from the doctors and nurses is horrific. I wouldn't be laughing.
I am a nurse and appalled at Dave's downplaying this pandemic for his own financial gain. I am a big fan but starting to see true colors...
@@deboramarcotte4203 He is very out of touch with reality. My sons girlfriend is a nurse and both of my nephews wives are in the medical field. He is a multimillionaire that cares about his bank account. Maybe he will get educated when he has a family member on a ventilator.
@@karenhardie1132 Dave is very in touch with reality and understands that this virus is a wake up call, not just financially but philosophically/spiritually. What does the foundation of life look like? Can it weather any storm, even sickness and death?
You nurses seem to be in need of adulation. Yes, we get it. You save lives, but that's what you signed up (and get paid) for. You missed Dave's point and you took his words completely out of context. If you're going to participate in the conversation, you have to keep up.
March 5th: I had $500 in the bank
Today: I have $10,000
This pandemic has been a blessing in disguise (for me at least)
I thank you both for your teachings. It really helps in difficult times. To know that you are debt free during a crisis with no car payments and an emergency fund is totally different.
Times like these I'm very thankful I began your baby steps. Being debt free and no longer paycheck to paycheck eases the mind. Although I'm still working unlike some even if I wasn't I would still be ok financially and that is a blessing. God bless.
I'm a retired soldier and a Volunteer at my local VA Hospital. I have offered to come in and help in the Emergency Department.
Did Dave say he was in his 20’s when the 2008 market crash happened? LOL.
Nah, he said a lot of people woke up in 2008, and that HE woke up in his 20's
I bet if it was someone who he was close to that was on a ventilator he would think a bit different.
The chances of that happening are pretty close to zero.
Has nothing to do with the financial stability he is talking about.. he was referring to the state of the economy. It won’t matter if no one was on a ventilator is there is no economy to come back to...
You missed the point entirely.
Thank you for words and wisdom. I started listening in the fall 2019 and started tackling debt with a vengeance. I paid off 7k and have 3k left. I saved up an emergency fund so I feel a little less panicked compared to others out there. I don't feel so weird now.
When you can start accurately predicting what Dave is going to say is when you've finally grasped the concept of fiscal responsibility.
Tissue and water first 2 items to go when the world ends lol
Tissue for crying in the bathroom and water cause nobody likes to be thirsty before the end of the world I guess. 🤷
I hear people all the time say that they don't make enough to save. They are barely scraping by, but the problem I have found is most dont even TRY. Just saving 20 bucks a month can help jumpstart an emergency fund.
And those same people eat at restaurants regularly, have car payments, cable TV, etc. The lack of ambition and common sense keeps them stupid and poor. Zero sympathy...
Soo glad i found Dave before this epidemic. About half a year ago i had -$200 in my account for so long i had no idea how i was going to survive every week. After listening to dave you really do learn a lesson and realise how much items you really do own that could get you out of a struggle. Now i have my car payed off, debt payed off and now i have cash my account, emergency fund sorted and ready to take on this lockdown with no finance troubles.
I couldn't agree more with some of the posts - Dave's principals have helped us become financially independent. This has touched close to home and the way he characterizes this Virus is troubling.
Dave we love you that is apparent for I wouldn't be listening to you every single day. I have taken much of your advice I have bought your books. I think you are a good man. And I appreciate that you are in business but your business is also part Ministry. And I don't mind that you have the wealth that you do in fact I'm happy that you do because at your age I went through something very similar.
But when you refer to toilet paper and dysentery yes dysentery is part of the virus. It is not panic buying even though I have not bought bundles and bundles of toilet paper. It is not panic buying for people to buy up toilet paper. We do not know where the base product is Source or even where the toilet paper comes from. We see it and we see a possible shortage whereas in your position you may not be in a position to have a shortage. Your stock may be built up at your business and you may be holding back for employees to have some too.
Also I do not drink bottled water I drink the water that comes from my refrigerator filter but people look at it and wonder where is the bottle sourced from. They don't know. And people are hooked on water sold in bottles I am not.
I get why certain products fly off the shelf in emergencies. I live through Hurricane Andrew I had to drive 50 miles to get 5 gallons of gas. That was all I was allowed to have I went without electricity for one solid month. My home was ruined in that time not from the hurricane but just from the lack of electricity and the fact that we had to keep a cook fire going because water had to be boiled in that day. my wife for a month had to keep a charcoal fire burning and we sat outside in the sweltering heat of Miami at night for a month and talk with our neighbors. Nothing felt as good as being able to take a warm shower and clean water. That was six weeks after. Every night I had c-5a Galaxy flying over my home low with all the lights on and my windows open in the sweltering heat of August.
I go through five more hurricanes after that while living in Broward. Almost destroyed my home and they say it was a cat one but I remember sitting in front of the giant living room window with a mattress on my back and my son's holding the door in with a mattress and water coming in the house. I have lived through this and it's bad
I dont think Dave is reading this comment
Giving money to the population won't solve the problem. They will just spend the money right away on things they don't need such as piles of toilet paper. Which I still don't why people buy so much water and toilet paper. All I need to do is to turn on the faucet for water and then boil it.
For those under a lockdown, there is also food to consider, likewise paying the landlord so he doesn't go under. Spending money, even if it is borrowed or government "handouts" will help keep the economy afloat. Toilet paper and bottled water are a drop in the bucket (pun intentional) compared to other needs. Face reality.
Thank you Dave Ramsey for sharing your treasure that you call FPU. I have a fully funded emergency fund and I’m an essential employee. I will be looking to start BS4 very soon. Never did I think our economy would be shut down like this. Thank God I was ready not only for myself but for my family.
BTW...stop telling people they are stupid in this crisis. No one wants to hear this. Let's stop looking at the past!
Tony Padgett but most people are stupid and they’re just speaking the truth.
Ricardo Cruz I think you can speak the truth without being insulting ESPECIALLY during a crisis.
Tony Padgett Sometimes people need to hear the real, raw truth! Most weren’t trying to hear the “Sugar Coated” version on multiple occasions.
Karen Cole Again, you can tell the truth without being insulting.
$1,000 is meant to help people pay their April rent, not solve all their financial problems. You've been a millionaire too long, Dave, to know the financial realities of everyday people.
But these people already were one paycheck away from homelessness, the crisis just exposed it. Just because you are an "everyday people" doesn't mean that you need to live like them, people who live spending less than they earn can avoid debt and have an emergency fund for times like these.
I like listening to Him, however people have to take what's for them in everything that people say. In my opinion step 2&3 should be switched. A $1000 for savings is nothing for a family of 5 in a situation like this. And fyi I know people personally that took his advice and now that's all they have. Save up 6 months emergency funds first. Then stat you debt snowball effect. Makes more sense to me. Especially to a family. Just my opinion. I take what's for me and trash the rest. Blessings all stay safe
Interesting point. I do not believe these should be static baby steps that will be appropriate for everyone's situation. Maybe for a family of five, $2,500 would be a better starting fund. It's a lot easier to save money when you don't have debt, so that's probably the reason the steps are in that order
Good point. I think Dave should say $1,000 per person in the emergency fund. $1,000 today is like $500 just a few years ago.
@@davidrose2899 yes, not for everyone situation. However I believe it's easier to put away 3-6 months saving, then paying off 60-80k in debt. If someone is paying 3-4k extra on debt. But only have a 1000 emergency fund. Would you agree to pause the snowball for 4-5 months and put that extra in savings. Then resume after the 4-5 months?? Especially if they have a family with small kids..
@@sanja_Thebody I understand your point of view, and I can't say your approach is better or worst. I do agree that a thousand dollars is very little money to support a large family. The emergency fund is more-or-less designed for that one-off situation that catches you off guard: car or house repair; whereas, the 3-6 month savings is for a longer-term expense. One potential downside to saving 3-6 months of expenses first would be that you may end up accumulating more debt with late fee's and/or paying minimum payments. But whatever works well for you!
I talked my cousin into doing the ramsey program 2 years ago. He did it and when this crisis hit he was prepared to be furloughed.
That is great.
Just because you dont have credit debt, doesn't mean you're not in trouble. Most people have utilities and mortgage or rent, a phone bill. I have a savings but I dont want to touch it for regular bills. So what do you suggest when one spouse already was laid off, and one is at risk very shortly? I've paid off any credit debt I had, so I live very frugally. I have other lives depending on me, that savings will get used like water if one of us can't continue to work. This is not a joke for most people. Even people without excessive debt. I'm not panicking, but I have every right to be worried. I have a plan but that relies on having income.
My income at the moment is not affected by the coronavirus, thank God for that! However, this is an excellent topic and I'm all ears for sharing with my friends and family in case they don't watch the show. 😊
Hows that credit score working out for ya when you have no job to pay bills or utilities? lol. Debt is dumb cash is king-Dave Ramsey. He told you so.
If this keeps up for another 2 weeks, i have a feeling my job will close. I have a nice saving but im still paranoid as sh*t as i have 2 kids and a wife to look after
Start planning your exit now - get ahead of everyone prepare for the worst and hope for the best. Savings? or Emergency fund? Big diff. and what can your wife do to kick in - anything online. Making and delivering meals. If you act now you ll be fine!!!
Search Craigslist or indeed for jop openings elsewhere as a backup. Even if it's a low paying labor intensive job. I rather be making any kind of money than sitting at home depleting my savings.
@@MrTmenzo yup that was my point and to beat the rush. two weeks from now can look very different - better or worse but plan for the worse and hope for the best. And obiously beans and rice, rice and beans - lock down on spending.
@@clarifyingquestions rice and beans all ready stocked up lol i didnt think about craigslist but thanks for heads up.
@@b.mendiola2515 Me too! And thank you for the post - a great heads up for us all to get cracking because action is the best medicine for stress.. Just a thought: Do you have an extra room /space in your house for a paying roommate a possible win/win for you both?