Been watching for about a week. Just took the money I had saved up and paid off my car, paypal and credit cards. Can’t believe I didnt do this sooner. Can’t wait to start seeing the money stack up not having these extra “debt bills”.
Do you want a trophy 🏆 or a medal 🏅? You don't get any medals for paying what you owe in the first place....unless you have a credit card with rewards.
Trusting a plan that purports to give you peace means giving up your more known financial patterns. It's not easy. Not just a matter of paying bills that one owes
I am 57 approaching a successful retirement because I found Dave Ramsey in my early 20s way before we had computers. I was poor, in debt and realized I did not want to live this way so started reading the financial section of newspapers, picking up financial magazines, and taught myself how to live debt-free and save money. I’m a homeowner and have six figures in my 401(k), and I did it all on my own. Maybe staying single helped too 😉
I live with my husband and my 2 boys ( 6 mo and 3 yo) in a small 1 bedroom flat and we are currently on baby steps 4,5&6 combined. I say combined because we save more than 60% of our monthly income towards retirement, children and a deposit for a house. We live in England. I learned to be the best at everything. I left my great career in the corporate environment because childcare is very very expensive and I became the best. Best hairdresser, best cook, best entertainer, best small space organiser, best homemaker. We are currently 33 and we both see each other at 40 as a healthy family with 3 children, still debt free, with a 7 figure business and a veggie garden ❤️🙏. Don't let society dictate where and how to raise your family. Small spaces brings family together. WHERE THERE''S A WILL, THERE'S A WAY!
@malieblessed2782 so happy for you! You will see how your life will change once you realise how simple and beautiful can be! God bless you and good luck! ❤️❤️❤️🙏
@@andreeastefania802 thank you very much. Have a fabulous 2025! Have you found anything in England like the 401 accounts or are you doing your investments with the companies discussed? 🤔
@@malieblessed2782 the equivalent is your workplace pension plan, or if you want to go further invest in SIPP ( I believe under the same umbrella), but you have to dig a little bit more info about that. I personally invested £1000 for each boy in an ISA investment plan for long term and we are looking to get a mortgage soon and pay it asap
We have over $40,000 for a down payment or outright purchase for a new vehicle. We say no. Just got my 2004 silverado work truck from the Mechanic. He said its running great. I may have another 100,000 miles with it. It has $428,000 origanil miles on eng/trany. I'll wait. Its been paid off since 08. No vehicle payment allowed us to pay off our mortgage 5 years ago. Stop buying stupid stuff!
You know what, I was gonna buy a new car December 2025. As long as it’s still running, I’m keeping it!!! You just brought me back to the reality that as long as my car is running, I don’t need another one.
We have about $20k in the bank, but we have yo-yoing credit card debt (pay it off - charge the card - hold a balance - repeat). After watching this video I opened by banking app and paid off the credit card. Then I opened an excel doc and looked/logged/categorized all spending from Jan to today. I cancelled 3-4 subscriptions, cut the cost of another in half. I see that I Zelle too much money to others, and I spend WAY TOO MUCH MONEY on Amazon. Too much. The saved money is the nest egg for when we close on our house in April (to finish the backyard - new build problems). So starting I'm the emergency savings at $5k. Hopefully we are in a decent place now to continue the baby steps. Now that I see laid out clear as day where my money is going (to absolute nonsense), I will be able to cut those expenses.
@@666dynomax Zelle is just an app that many banks and credit unions have integrated with. So rather than Venmo, Zelle is an alternative (and a preferred method). The Zelle transactions were to my husband. He manages his free spending money rather poorly, so at times he’ll ask for cash here and there for whatever reason and I’ll send some over. But seeing how much it was from January-March….. it was a problem.
@@666dynomaxZelle is like Cash App or Venmo. For my banking institution is integrated with it, so no need for another money sending app. That’s all it is.
What Dr John said about walking away instead of standing your ground was exactly what I needed to here after a wounding conversation with a my ex wife. I wish I had heard it yesterday!
Young person who has a difficult Mom, I am a Mom of 40 year old kids and I am really, really proud of you! Your accomplishments are just great and when I think of you I smile because you make me so happy! Sorry your Mom contributed so little but you made it even through a hard situation. You will do great things!
21:20 pay our student loans or buy a house? 26:05 use our vested stocks to pay off our mortgage faster? 28:30 preparing to take out student loans for girlfriend 33:00 should I lie to my entitled mother about money? 43:15 my dad foisted the parent PLUS loan on me 52:40 plugging the January 11 Ramsey livestream 55:20 long-winded caller is inspiration for episode title 1:05:20 go back to school if we still have debt? 1:24:38 using prenup opinions as a litmus test for financial knowledge 1:33:20 should my parents set up a trust or a will?
I worked in collections at the Target Corporation for years and was one of their top producers. Customers sent complimentary letters about me to the Target CEO They gave me the tools to help people solve debt problems with us . I did my job in a way that was going to keep them as a Target customer.
8:42 I love that Dave is empathizing with this lady and helping her get in touch with Zander after she got out of an abusive relationship. That is an incredibly heartfelt gesture and she will never forget it; I can guarantee that as someone who's left an abusive relationship.
We had three kids in three years and my hubby was gone working states away a lot of the time to take care of us. we have been married for 19 years and are debt free and i have never worked full time. My husband is amazing. yes, he has missed some birthdays and a few Christmases but those sacrifices have set us up for the rest of our lives.
LEO wife here. Husband spent first 14 years of career with no holidays or weekends off. You have to change your idea of traditions and make new ones. this is the first year he’s had weekends and holidays off - but to trade…he’s teaching at their training academy 1.5 hours away and isn’t home 4 days a week. We have four young boys. We foster. I homeschool. I spend a lot of time alone with my kids taking on all the home responsibilities. I can understand the hardship. But he loves what he’s doing. We love having long weekends and holidays together. We actually get to go to church together. There’s always a trade off in any career - grass is only greener on the other side for a little while. Hang in there momma and find some support! Work through it together and keep communicating so you don’t build up bitterness. ❤
I hope that first woman spends some time alone and is much more careful in the future if she decides to date again. Two abusive exes with kids is something that needs to be examined.
She’s clearly lying she is manipulating. It’s very rare that many men are abusive. It’s usually the women that’s abusive but women get away with lying on men any day of the year!
35:00 Taylor in Indiana, there is no law that says you have to have any contact with a toxic individual. That includes parents (your mother). You're an independent adult, and you can choose to not interact with her again. It's not easy, but it can be done.
Taylor you can choose not to interact. I had to stop with my siblings. I was trying to give, "mother" them and make things work. Found out the hard way that it was toxic to me. I let them go and actually have a wonderful life without them. Good luck to you.
I got emotional over the caller who’s mom did not celebrate her accomplishments. It cut deep. I didn’t realize I was hurting with this until you guys started talking about it. I felt so much pain. I graduated with a masters. First in my family to graduate college or to even go into college. I felt I always wanted to overachieve go get recognition from them and other people.
I thought that only happened in our Mexican culture. Many had 4-10 children thinking and hoping… our kids will care of us. Some think it because they prioritized raising us instead of saving for them.
Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2024 and I believe it's my time to invest and shine for a better future.
I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.
There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Broke the rules but managed to come out ahead anyways. Bought a house when I couldn't afford it in 2007, owned it 16 years, often had to borrow money to make the mortgage payments, in 2009 the market tanked and the house was valued at half of what I paid for it. Honestly don't know how I never lost the house but somehow hung on by the fingernails. Didn't even get back to break even until 2017, then the market really went crazy after that. Just sold the house in December for several times what I paid for it, was able to pay off the mortgage and all the other accumulated debt with enough equity still left to buy a less expensive house with all cash. Am somehow retiring with zero debt, owning my own home and a net worth of about half a mil. I wouldn't necessarily recommend going this route; I think I got lucky. But it does illustrate how buying a house can be a good long term investment.
Kinda said it right there though - you got lucky because you borrowed money to make the payments. Presuming this was interest-free borrowing from friends/family ... that's how you did it haha. You had a safety net through your network. Horrible idea to buy a house you know you can't afford.
I bought a house and 'could' have made the 15 year mortgage payments working two jobs but 30 year mortgage payments were more breathable and pay extra as I could. A few years later health issues came up and I couldn't work much for a few years. I was able to make the 30 year mortgage payment but I would have lost on the 15 year mortgage payments. I am so grateful I didn't 'follow the rules' and followed my gut instinct with the 30 year mortgage instead. I'm better, paid off the house in 20 years and retired in it now. Listen to what they say and adjust it for what fits into your life.
It’s so hard to unlearn the traditions, my mom planted into my brain. We lived on credit card debt all of our lives. My parents still live on credit card debt, and every single birthday party I had was just massive and we don’t believe in credit card debt. We also don’t believe in spending obnoxious amounts of money on birthday parties and here my child is having an eight-year-old party and he’s very content but I feel like I’m not doing enough with just having a couple of decorations, a small little cheesecake, and Pizza for the kids and I feel like I’m not doing enough because I grew up with having so much birthday everything. And every moment of today’s probably going to be like just think of what David Ramsey says live on less than you make live on less than you make it’s not about how much crap the kid has, It’s about the memories that I make so, it’s a process and I’m definitely unlearning it. It is so hard Dave!!!!! But THANK YOU!!!
Remember that you have your memories, but those are not the memories your kids have. Actually, my best "birthday tip" is to rent a motel room for one night at a motel that has a pool and let the child pick just a couple of friends for a motel sleep-over. Then get pizza and a store-decorated birthday cake. Pool time, pizza, cake - and no mess to clean up at home or broken or destroyed home furnishings and actually cheaper than a big bash! Money well spent!
Holy Christ! I completely agree with whomever said, "it’s not about how much crap the kid has, It’s about the memories that I make...". I mean, I COMPLETELY agree! Thank you for whomever said that.
So you had a nice life and your child is having a mediocre one. It’s your choice. Don’t diss your parents because they lived for you. I did the same for my kids because I wanted them to have fun so when they are adults they work hard. They do. They are savers. So it worked. If you short your kids, which it sounds like your not, they could either grow up to be savers or the complete opposite of you. I’ve seen it go either way. They only have one childhood better make it nice like yours or they could be horrible spenders. You see because you had a good childhood. So you don’t spend you don’t feel like you have to. Others that had a cheap childhood don’t feel like you. They want to give themselves everything they didn’t have. Totally psychological. I talk to these folks daily it depends on their personality type. Good luck
I don't know if anyone replied to you but I never had fancy birthday parties. There was a cake and lots of birthday cards which my mom saved for me and it was great blowing out the candles and making a wish. I have photos from those years which I love. You might want to have your child or children celebrate the day they were born by doing charity work that week like helping out at a soup kitchen or going through clothes and toys and donating them to a shelter. They'll remember that they helped somebody on their birthday. And then have a cake and balloons and sing and maybe take a walk depending on the weather and take lots of pictures. And tell the story every year of how you and your spouse met and talk about the day they were born. My dad always told me what the weather was and how we took a bus to the hospital. That was a big moment in their life and now they have you!
I needed to hear this one so much. My mother just took out 70k in loans and is expecting me to pay it back. I said no to everything she wanted to buy. Now she thinks it’s my responsibility.
My first husband apparently opened multiple credit cards in my name and under my social without me ever knowing. I found out when collections agencies started calling me after we divorced. I was give bad advice at the time and went ahead and settled with all of them. It was so hard financially. He was a pastor. Sometimes you can be abused without knowing.
This is absolutely true as long as you are in control of your life. If you are under age or a victim of trafficking (situations where you were not in control) that is the only time you are not responsible for what has happened in your life.
Regarding the last caller: I wanted them to ask her if there’s another guy involved. She’s so lackadaisical about destroying her marriage and the lives of her children! If I left my husband over the first 4-8 years of our children’s lives, when we were both trying to figure out how to be parents AND spouses, I would’ve made a terrible decision and ruined my children’s lives and hurt them beyond repair. So thankful God got us to where we are! It takes work, commitment, and choosing love!! Grass isn’t greener!! Don’t do what you’re about to do!!!
I agree with you and Dr John! There is more to be the last story! Girl, you were a mom feeling like you were by yourself for the few year and a half of life, not the first 18 years of life. She’s either already got a back up plan or there is something else. Her voice sounded very angry in its silent way.
In regards to the prenup and this is for more of stay at home parents or planning to be stay at home parent GET A PRENUP. As amazing as it is being with your child at home it will cost some gaps in your resume and you will miss out on promotions etc. Make sure you and your child will be set up for success with/without your partner just in case.
EVERY woman should be prepared with skills and an education to support herself and her kids if necessary. Death, divorce, and disability can happen in any family.
The last caller yikes ! She was not direct and with her feelings and they were really trying to help her . But I guess you can’t help someone if they don’t want to help themselves . Hope she figures it out
I like how Dave actually tried to help people too 8:40 a lot of ppl just give advice and kick you off but Dave actually at least extends that extra olive branch
Always good advise from you two. The challenge is to get people to chose to "sacrifice" the new car, new clothes, etc. for a short time. There is not an instant fix, no magic pill. Too bad our schools don't teach practical economics, because too many parents don't or can't. Why is saying " I can't afford it" a bad or shaming thing?
Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.
Wall Street advocated for quality stocks that boasted high profitability and low debt, positioning them as a form of insurance against economic uncertainties. However, these quality stocks have underperformed the S&P500 index this year. As a result, my portfolio, valued at around $200k, has experienced a decline of approximately 20%. I am seeking recommendations on how to enhance my investment returns and scale up my portfolio.
The reality is that nobody possesses absolute knowledge in the world of investing. Therefore, it is crucial to develop your own process, effectively manage risk, and remain committed to your plan, regardless of the circumstances. Additionally, it is essential to continuously learn from past mistakes and strive for improvement in order to navigate the investment landscape successfully.
I agree, which is why I find it beneficial to have an investment coach guiding my day-to-day investment decisions. They possess a skillset focused on capitalizing on both long and short positions, effectively managing risk to leverage its asymmetric upside, and employing hedging strategies to mitigate the impact of market downturns. Additionally, their access to exclusive information and in-depth analysis further enhances the potential for outperforming the market. I have been utilizing the services of an investment coach for over two years, and the results have been remarkable, with net earnings exceeding 2.8 million.
@@michaelwiebeck3 Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
I had my son in 1990, and we moved in 1991, leaving a forwarding address for any mail. Fast forward to 1999 when my husband and I go to buy a house, our credit score was terrible because of a doctor’s bill they never sent to us. It was for the anesthesiologist. It took a huge chunk out of our down payment. The calls were filled with profanity and screaming, upsetting my son who always loved to replay the answering machine. We took care of it but it would have been much easier to get the bill in 1990. LESSON LEARNED: ALWAYS monitor your credit report, and report errors ASAP!
You can file a police report for indentity theft online with alot of police departments. Then, you file that report with the Federal Trade Commission..it will stay on file
I wish I had a prenuptial agreement with my abusive ex. Once I decided to leave him, he tried to make me go bankrupt with lawyer fees. Had I had a prenuptial, I would not have ended up with 153K of stupid lawyer fees. I'm still paying 11 years later, but almost done.
Dave says if a man asks for a prenup he loves his stuff more than her. Well maybe she loves his stuff more than him...that happens A LOT and OFTEN. Don't let 'love' manipulate you into a bad decision later one. If she objects to a prenup THATS a red flag, too.
The "deciding if i need to leave my marriage" call near the end is insane. Having kids completely changes you, your spouse, and your relationship, and God and love get you through that transition. Men suck at it at first, some for varying lengths of time, and it's not a natural transition for men. But if there's no abuse in the relationship, then it is absolutely worth the effort. And it's wonderful in long-term, as he said "one day you wake up and it feels really awesome". 100% correct. And I also agree with Dave... He's being blunt but I think he was kinder than my mind was when she was talking about it.
My dad is a firefighter, my brother and best friend are as well… don’t marry a man (or woman) who is or has dreams to be a firefighter if you can’t handle it. It is normal to miss holidays, it is normal to have to do things without them. DONT sign up for that life if you can’t handle it.
I wonder if the wife trapped him with the 4 kids and now wants to remake him into something he is not. Is she jealous of his love of his job and now she's trapped herself with caring for 4 children?? What will happen when the children are grown? I think she's a manipulator and he's stuck due to the kids. Watch out whom you reproduce with.
As a former firefighter, I agree. There are stressors on time, psyche, and finances that come with a life in the fire service. There are almost always second jobs and time from home. I met and married my husband in the middle of it. He is my rock.
In some states, banks only have 3 years to collect credit card debt from a customer. Just do an online search for your state. My mom was a victim of credit card identity fraud and after 3 years, the banks left her alone.
My son finished dental school at 32 and went right into working at a small practice. His program had a lot of clinical work during years 3 and 4 so no residency was required and he immediately began to work. Yes, it cost almost $400K, but his income increase is making up for it, and he has a balanced home/work life.
She needs to insist that it goes into arbitration. There is an arbitration agreement in nearly every credit card agreement. Fees on consumer and business side are completely lopsided in side of consumer. Just taking it there can make them back off.
Firefighter career - I was married to a cop. Couldn't imagine asking him to quit his career. The problem was the PTSD he came home with and his refusal to quit going out on his Regular Days Off with co-workers. I divorced my cop because he was married to his career. Not me.
I think she's trapped him with 4 children and is jealous of his time away and the love of his job so she wants him to suffer, too. What's out whom you reproduce with.
For the cc the ex opened. A good piece of advice if you exit a relationship like that, pull your credit report immediately, and then every year. They will not usually investigate identity theft reports, but if you can identify the person they might. Freezing your credit is always a good safe guard, but it isn't 100% fool proof either.
There is another consideration for the dental hygienist call. Here in Virginia a hygienist has to work under a dentist. However, in some other states a hygienist can set up his or her own independent office. If what the wife wants is independence to "do dentistry" the way she wants to do it, perhaps consider a move to a state that would let her have her own independent hygienist business - certainly a lot cheaper than going to dental school. She could also specialize in making bridges, crowns, and other technical lab type work as an additional supplement. All that would mean she could make a lot of money, but have far fewer expenses than dental school bills and setting up a practice. My sister-in-law had her own independent hygienist business and made a ton of money before she retired.
Been watching Dave for awhile and listening to him on radio. There has been times where I can relate to the callers and I get afraid to call in...lol. But I know that Dave is here to help not to shake a boney finger at you and yell HOW DARE YOU! I'm in debt with a mortgage and I'm single but still I'm working on getting out of debt and working extra hours at work. I don't want to live paycheck to paycheck and I'm glad and thankful to listening to Dave again after being away from the show for about a year.
Young people generally speaking, aren't really good at knowing how to deal with problems like this when they arise; very emotional... We need more early financial education in this country!!!
I feel so bad for these young people who have had to put up with these immature, cowardice, so-called parents. Sometimes in life you have to give to yourself what you wish you could get from others.
On the student loan debt the mother and father should split that debt and pay 30k a piece which is totally manageable. Today in divorce or custody hearings it is standard to split college costs in thirds, the child pays a third and each parent pays a third .
That marriage one made me so sad. So your husband is reconnecting with his children (18months is literally nothing, is she serious!?) And since you don't wanna forgive him or rebuild/reconnect with your husband you want to rip your daughters away from their father!? She sounded so cold and disconnected, but wanted to accuse him of having (past tense!) been the same ... So sad. Kids need both parents. She couldn't even give a legit reason to leave. Our culture is so effed.
That call sickened me. I wish Dave let her have it. What a pathetic call. I wish i could tell that lady what we were all really thinking. What a joke of a person.
Nick - please listen to the advice given. There is a lot to consider. Not only the money, but that in any kind of medical education, students are in a cohort which means they have to take certain courses at certain times - so part-time education is not possible. Another MAJOR consideration for being a dentist is if she has the small motor skills to actually do dentistry, which is quite different from hygienist work. I often talk to various professionals about what's needed for success in their profession as I do a lot of student academic counseling. My dentist is an exceptional technician and when I talked to him about the challenges of dental school, he told me so many future dentists had the ability for the book knowledge, but not the small motor skills for the technical aspect. So they bailed out and had huge debts for what they had borrowed to that point. In addition, although many physicians can work as hospitalists and a doc in the box, dentists have very few options other than the huge expense of setting up their own practices. So, between training and setting up a practice, this is about a million $ decision. And she will not just be working for the next 20 years, she can count on working for the next 30 years to make it financially viable. The reason given that she wants to be a different kind of dentist from what she has seen is not a good enough reason to want to take on this huge commitment and potential major debt. On your salary alone it will be almost impossible to cash flow this cost.
@@gourabsarker9552 I have no idea how much he actually takes home. It's not how much he makes - it's how much he takes home after paying for the practice, his student loans, and the salaries and benefits of the FIVE women who work there. My point was not that a dentist does not make good money. My point was that no one knows until they start training if they are going to be good at ALL aspects of a particular job that requires high technical skills. In the meantime, they have borrowed or paid a huge sum of money for training they did not finish and end up paying for in a lower-paying job. In addition, as Dave correctly pointed out, few people realize the number of years they are "locked in" and if they truly love that work enough to stick with it for decades. According to the call, her reasoning seemed to be that she wanted to do dentistry a different way, not that she really loved dentistry.
I have a lady dentist. Late 30s. Just had her second baby. She told everyone she was gonna go p/t and work for another dentist. Women have an instinct when they have babies. Not all, but 95%. They want to spend time with either kids. Make sure she wants this, Nick.
That last caller who wants to leave her husband is delusional. He will remarry and end up okay and she will end up alone if this plays out the way most of these situations do.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Also a woman coming out of abuse doesn't have the energy or the self esteem to fight because she has been fighting for her life for a long time. Prayers for her strength
I know how that feels. Abusers get away with all kinds of shit because he or she is just thankful to get away. I hated she waited so long. Perhaps she didn't have family to fight for her
@47:40 the trooper said, “… when I didn’t know what I was getting myself into.” That’s an admission that he did know about the loan. And why go 60k in the hole to turn out a cop? The math ain’t mathin’ at all on that. The story isn’t believable at all.
1:56:55 It sounds like she passed the point of no return before her husband decided to start trying. She probably dropped the bomb “I can’t do this anymore, I’m leaving” and THEN he started to give a **** and it doesn’t really work that way. As a woman, we want someone to try because they want to try, not because we are begging them to or because they’re trying to win you back when it’s too late. It’s like if you asked someone to unload the dishwasher 7 days in a row and they didn’t do it. Then once you start to do it, they run over and say “okay okay I got it, I’ll unload it” it’s like no it’s too late, I asked you to do it 7 days in a row and you didn’t. It’s like that but times a thousand. Unless you’ve been in that type of relationship before (which Dave and John have not) then it’s hard to understand.
I noticed JBD was not so quick to offer easy solutions with Dave on the set. I got the impression Dave was trying to teach him some techniques to be more popular with the listeners who are not part of his fan club.
@@Trustbutverify2651I think is crap. People hate on Delony because he reminds them of their problems. I wish all therapists were like him. Tell it how it is. People are too damn sensitive
@@BeeDee-qs9soYesterday, on the highlight people were complaining because he said and quote “change your language and take ownership” and then gave Rachel the entire rest of the call to talk. Him telling the truth is not obnoxious. He’s amazing at what he does. Y’all are just haters because he tells the truth! Also, if you are referring to when he says “I can’t breathe” that’s a sentence a lot of people will use when they feel stressed, overwhelmed, or anxious. A LOT of these calls are stressed and anxious so it makes sense.
Right, and I will be damn grateful if Xander Insurance Identity theft helps her. If I were in her position, I would never make this mistake again. This is super extremely scary
100%. She's playing victim. The tone of voice regarding back to back toxic exes speaks volume. Should probably choose a partner more wisely, if there are bad vibes, leave.
This is the only one thing I disagree with Ramsey on. It’s about not getting a trust done. It is so necessary! For one thing, no probate court also money and fees come along with that. It helps your beneficiaries, avoid certain tax’s. It illuminates beneficiaries from going to war over assets, because a will can be contested. Here in the state of Washington trust can be done for $2,500 - 3000. My wife and I are was so glad we had this time for our family. Also make co-executors of the estate. If you have more than one beneficiary!
Hilarious, *ParticleCracker* I love the work you do mate. Those low life scammers take money from old ladies, they have no soul or heart and deserve everything u give them. Your doing a service to humanity. Love the videos, keep doing the good work mate….!!!!
Interestingly, banks more commonly go after people with under 10k in credit card debt because people with more than 10k debt are less likely to be able to pay it off.
You don’t need a bigger house to grow a family. My parents came to America to escape the Vietnam war. I have 3 sisters and we lived in a 1 bedroom. 6 people. Make it work and leave your ego behind
Just listened to the advice that you provided that caller who left an abusive situation. If that caller follows your recommendation and files a police report, won’t the abusive ex-husband now have her address?
@@amireallythatgrumpy6508There’s a reason for safe houses especially for battered women. They are fleeing men who have managed to slip through the cracks of the law, without impunity.
I did a short stint as a debt collector in my early 20s. I hated it. I absolutely hated it. Needless to say, I wasn’t very good. glad I wasn’t very good😊
Stephen - DO YOUR RESEARCH. The glory days of highly paid chiropractors are over. A lot of people who go to chiropractors are older. Medicare reimburses only about $18 a visit and does not pay for the x-rays, etc. that are needed before treatment. And other health insurance for younger people does not cover most of the costs. I know - my son-in-law is a chiropractor and would not choose that profession again. Thankfully, he was able to find another job as a college anatomy professor. Think about another kind of medical training that she can get inexpensively through a community college like radiology tech, nursing, etc.
She’s a dental hygienist and makes $40,000?? How? In Virginia we all make between $70,000 to $100,000 being a hygienist. I wonder if he meant Dental assistant.
I was thinking the same thing ! RDH here in CT we make same as you mentioned 70-100k . Maybe she is working part time ? I was thinking if you want to be a dentist work more so you pay the debt off and save the rest for dental school if that is what they want to do . Definitely a challenging journey due to having little ones , demanding time from dental school, and etc. I remember when I went into hygiene school head director said tell your love ones they are second in line while your in school 🫠😬
@@melissarivas2483 yes. I had 2 kids when I went to hygiene school. (3 kids now) They said that to me too 😭 Yes maybe she is part time. Hope there isn’t a crazy shortage of hygienists where you are right now. My next recare is 9 months. Might be 10 months soon. She’s needs to stay a hygienist 🤣
To avoid being harassed by the collectors, better pay your debt on time or better don’t borrow money at all! These loan sharks should be avoided in the first place 🤦♀️
Dave is correct: It is a commitment for those degrees. I'm Dave's age, but I have noticed lots of younger people having commitment issues. There are other books and resources that talk about the growing number of people with commitment issues. Just saying.
I agree. I originially wanted to be an MD, but I had a child my senior year of pre-medicine and realized I really want to be a hands on mother with my current child and future children. I'm not positive when that will happen so I'm doing an accelerated nursing program to get my healthcare fix and be fulfilled, but eventually I can step down to part time or work from home and raise a family. That means more to me than the degree that I'll or use for 10 years or less probably.
Been watching for about a week. Just took the money I had saved up and paid off my car, paypal and credit cards. Can’t believe I didnt do this sooner. Can’t wait to start seeing the money stack up not having these extra “debt bills”.
Fantastic! Great job 👏
That's awesome dude. Being debt free is actually amazing.
Do you want a trophy 🏆 or a medal 🏅? You don't get any medals for paying what you owe in the first place....unless you have a credit card with rewards.
Trusting a plan that purports to give you peace means giving up your more known financial patterns. It's not easy. Not just a matter of paying bills that one owes
are you ok?@@MrFunkadeIic
I am 57 approaching a successful retirement because I found Dave Ramsey in my early 20s way before we had computers. I was poor, in debt and realized I did not want to live this way so started reading the financial section of newspapers, picking up financial magazines, and taught myself how to live debt-free and save money. I’m a homeowner and have six figures in my 401(k), and I did it all on my own. Maybe staying single helped too 😉
I live with my husband and my 2 boys ( 6 mo and 3 yo) in a small 1 bedroom flat and we are currently on baby steps 4,5&6 combined. I say combined because we save more than 60% of our monthly income towards retirement, children and a deposit for a house. We live in England. I learned to be the best at everything. I left my great career in the corporate environment because childcare is very very expensive and I became the best. Best hairdresser, best cook, best entertainer, best small space organiser, best homemaker.
We are currently 33 and we both see each other at 40 as a healthy family with 3 children, still debt free, with a 7 figure business and a veggie garden ❤️🙏.
Don't let society dictate where and how to raise your family. Small spaces brings family together. WHERE THERE''S A WILL, THERE'S A WAY!
Also in England and only just found out about the Ramsey Show!
@malieblessed2782 so happy for you! You will see how your life will change once you realise how simple and beautiful can be! God bless you and good luck! ❤️❤️❤️🙏
@@andreeastefania802 thank you very much. Have a fabulous 2025! Have you found anything in England like the 401 accounts or are you doing your investments with the companies discussed? 🤔
@@malieblessed2782 the equivalent is your workplace pension plan, or if you want to go further invest in SIPP ( I believe under the same umbrella), but you have to dig a little bit more info about that.
I personally invested £1000 for each boy in an ISA investment plan for long term and we are looking to get a mortgage soon and pay it asap
We have over $40,000 for a down payment or outright purchase for a new vehicle.
We say no.
Just got my 2004 silverado work truck from the
Mechanic. He said its running great. I may have another 100,000 miles with it.
It has $428,000 origanil miles on eng/trany.
I'll wait. Its been paid off since 08.
No vehicle payment allowed us to pay off our mortgage 5 years ago.
Stop buying stupid stuff!
I paid cash for my new 2014 honda accord . It has 200K miles and runs great. Gonna keep it!
I also paid cash for my 22 year old condo.
You know what, I was gonna buy a new car December 2025. As long as it’s still running, I’m keeping it!!! You just brought me back to the reality that as long as my car is running, I don’t need another one.
I'm still driving my high school car; 05 tpyota corolla I got in 09
We have about $20k in the bank, but we have yo-yoing credit card debt (pay it off - charge the card - hold a balance - repeat).
After watching this video I opened by banking app and paid off the credit card.
Then I opened an excel doc and looked/logged/categorized all spending from Jan to today.
I cancelled 3-4 subscriptions, cut the cost of another in half. I see that I Zelle too much money to others, and I spend WAY TOO MUCH MONEY on Amazon. Too much.
The saved money is the nest egg for when we close on our house in April (to finish the backyard - new build problems). So starting I'm the emergency savings at $5k.
Hopefully we are in a decent place now to continue the baby steps. Now that I see laid out clear as day where my money is going (to absolute nonsense), I will be able to cut those expenses.
Why do you Zelle money to others, is that buying things or what is that for? I dont actually know what Zelle is... Good work!
@@666dynomax Zelle is just an app that many banks and credit unions have integrated with. So rather than Venmo, Zelle is an alternative (and a preferred method).
The Zelle transactions were to my husband. He manages his free spending money rather poorly, so at times he’ll ask for cash here and there for whatever reason and I’ll send some over. But seeing how much it was from January-March….. it was a problem.
@@666dynomaxZelle is like Cash App or Venmo. For my banking institution is integrated with it, so no need for another money sending app. That’s all it is.
Best of luck! You can do this.
Well done!!
What Dr John said about walking away instead of standing your ground was exactly what I needed to here after a wounding conversation with a my ex wife. I wish I had heard it yesterday!
Young person who has a difficult Mom, I am a Mom of 40 year old kids and I am really, really proud of you! Your accomplishments are just great and when I think of you I smile because you make me so happy! Sorry your Mom contributed so little but you made it even through a hard situation. You will do great things!
21:20 pay our student loans or buy a house?
26:05 use our vested stocks to pay off our mortgage faster?
28:30 preparing to take out student loans for girlfriend
33:00 should I lie to my entitled mother about money?
43:15 my dad foisted the parent PLUS loan on me
52:40 plugging the January 11 Ramsey livestream
55:20 long-winded caller is inspiration for episode title
1:05:20 go back to school if we still have debt?
1:24:38 using prenup opinions as a litmus test for financial knowledge
1:33:20 should my parents set up a trust or a will?
Thank you!
Lol. Loved the long winded caller as inspiration for title😂
This should be pinned
wow, thank you
Thank u
I worked in collections at the Target Corporation for years and was one of their top producers.
Customers sent complimentary letters about me to the Target CEO They gave me the tools
to help people solve debt problems with us . I did my job in a way that was going to keep them as a Target customer.
Dr Deloney’s book is amazing. I love his realistic direct approach. These 2 are great to watch. I like George too!
8:42 I love that Dave is empathizing with this lady and helping her get in touch with Zander after she got out of an abusive relationship. That is an incredibly heartfelt gesture and she will never forget it; I can guarantee that as someone who's left an abusive relationship.
We had three kids in three years and my hubby was gone working states away a lot of the time to take care of us. we have been married for 19 years and are debt free and i have never worked full time. My husband is amazing. yes, he has missed some birthdays and a few Christmases but those sacrifices have set us up for the rest of our lives.
In Costa Rica we eat rice and beans EVERY DAY.
Oh no, you need a brand new Mercedes 😂
Time to eat steak, you’ve suffered enough 😅
In Italy we prefer rice and peas😊
@@rasbella01you say that because americans have no idea how to cook rice or beans lol
I love me some Gallo Pinto with sour cream!!!!!!!!!1 Pura Vida!!!!!!!!!!!1
I wish I had connected with Mr. Ramsey’s show sooner. Life saving show in this world…… Thank you
LEO wife here. Husband spent first 14 years of career with no holidays or weekends off. You have to change your idea of traditions and make new ones. this is the first year he’s had weekends and holidays off - but to trade…he’s teaching at their training academy 1.5 hours away and isn’t home 4 days a week. We have four young boys. We foster. I homeschool. I spend a lot of time alone with my kids taking on all the home responsibilities. I can understand the hardship. But he loves what he’s doing. We love having long weekends and holidays together. We actually get to go to church together. There’s always a trade off in any career - grass is only greener on the other side for a little while. Hang in there momma and find some support! Work through it together and keep communicating so you don’t build up bitterness. ❤
Just paid off my credit cards, feels so good! Next step is my car and then I can start saving for a house.
Awesome, keep up the great work!
This is the episode that shows how mature children can be even with immature parents.
I hope that first woman spends some time alone and is much more careful in the future if she decides to date again. Two abusive exes with kids is something that needs to be examined.
Yeah, people often attract the same kind of person repeatedly.
I was thinking the same.
She’s clearly lying she is manipulating. It’s very rare that many men are abusive. It’s usually the women that’s abusive but women get away with lying on men any day of the year!
Wonder if she knows my ex 🧐
lol crazy you wanting to examine the woman not the men who are abusive.
35:00 Taylor in Indiana, there is no law that says you have to have any contact with a toxic individual. That includes parents (your mother). You're an independent adult, and you can choose to not interact with her again. It's not easy, but it can be done.
Taylor you can choose not to interact. I had to stop with my siblings. I was trying to give, "mother" them and make things work. Found out the hard way that it was toxic to me. I let them go and actually have a wonderful life without them. Good luck to you.
Now we just need to see the PbatesLTD price also move in the same direction as these charts. Up. Very Up.
I got emotional over the caller who’s mom did not celebrate her accomplishments. It cut deep. I didn’t realize I was hurting with this until you guys started talking about it. I felt so much pain. I graduated with a masters. First in my family to graduate college or to even go into college. I felt I always wanted to overachieve go get recognition from them and other people.
recognize yourself and your achievements. You do not need validation from those that did not see your growth.
I hope you have some friends who celebrate with you!
Unfortunately, in a room full of people less successful than you…it may be quite hard to find any support at all.
That’s on them though- not you.
Same here, 😢
Hugs to you Robert. I’m proud of you. A stranger on the internet is so proud of you. Keep going darlin you are amazing.
The ultimate entitlement is thinking your child needs to pay you back for existing. I'm praying for Taylor and her mom.
I thought that only happened in our Mexican culture. Many had 4-10 children thinking and hoping… our kids will care of us. Some think it because they prioritized raising us instead of saving for them.
@@miguelzambrano2260 😅
@miguelzambrano2260 Happens in some parts of Africa too. It might help to know the parents heritage.
How about this. Don't buy crap just because you can afford it. Live like no one else so....
Wow! I just love all of your financial advise. You guys are the best! May God bless you.
I’ll be adding PbatesLTD to my portfolio soon, 10k is plenty to start.
Though everyone loves the luxury lifestyle but many don't want to take the risk to invest or work for it.. Now's the best time to buy the dip and it's an opportunity that will grant you all the luxury you crave for.Very interesting content, i would also be glad if anyone here can explain a few things for me, this is 2024 and I believe it's my time to invest and shine for a better future.
I think the one thing most investors miss when calculating intrinsic value, is that they look solely at the history to estimate growth in the future. The growth rate is very important, it arguably should take the most time in valuation. The past 10 years could be unusually good/bad due to acquisitions/dispositions affecting financials. Look to the future and make your best judgements.
There is one thing I have learned in recent months it is to remain calm, especially when it comes to investment in Stock. Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?
Finding financial advisors like Natalie Noel Burns who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Broke the rules but managed to come out ahead anyways. Bought a house when I couldn't afford it in 2007, owned it 16 years, often had to borrow money to make the mortgage payments, in 2009 the market tanked and the house was valued at half of what I paid for it. Honestly don't know how I never lost the house but somehow hung on by the fingernails. Didn't even get back to break even until 2017, then the market really went crazy after that. Just sold the house in December for several times what I paid for it, was able to pay off the mortgage and all the other accumulated debt with enough equity still left to buy a less expensive house with all cash. Am somehow retiring with zero debt, owning my own home and a net worth of about half a mil. I wouldn't necessarily recommend going this route; I think I got lucky. But it does illustrate how buying a house can be a good long term investment.
Good job, you fought hard and was very persistent about keeping your home good for you!!
this sounds like a very tough way to go about building wealth, I get what u mean about that house appreciation though
Kinda said it right there though - you got lucky because you borrowed money to make the payments. Presuming this was interest-free borrowing from friends/family ... that's how you did it haha. You had a safety net through your network. Horrible idea to buy a house you know you can't afford.
I bought a house and 'could' have made the 15 year mortgage payments working two jobs but 30 year mortgage payments were more breathable and pay extra as I could. A few years later health issues came up and I couldn't work much for a few years. I was able to make the 30 year mortgage payment but I would have lost on the 15 year mortgage payments. I am so grateful I didn't 'follow the rules' and followed my gut instinct with the 30 year mortgage instead. I'm better, paid off the house in 20 years and retired in it now.
Listen to what they say and adjust it for what fits into your life.
This is called luck
It’s so hard to unlearn the traditions, my mom planted into my brain. We lived on credit card debt all of our lives. My parents still live on credit card debt, and every single birthday party I had was just massive and we don’t believe in credit card debt. We also don’t believe in spending obnoxious amounts of money on birthday parties and here my child is having an eight-year-old party and he’s very content but I feel like I’m not doing enough with just having a couple of decorations, a small little cheesecake, and Pizza for the kids and I feel like I’m not doing enough because I grew up with having so much birthday everything. And every moment of today’s probably going to be like just think of what David Ramsey says live on less than you make live on less than you make it’s not about how much crap the kid has, It’s about the memories that I make so, it’s a process and I’m definitely unlearning it. It is so hard Dave!!!!! But THANK YOU!!!
Remember that you have your memories, but those are not the memories your kids have. Actually, my best "birthday tip" is to rent a motel room for one night at a motel that has a pool and let the child pick just a couple of friends for a motel sleep-over. Then get pizza and a store-decorated birthday cake. Pool time, pizza, cake - and no mess to clean up at home or broken or destroyed home furnishings and actually cheaper than a big bash! Money well spent!
Holy Christ! I completely agree with whomever said, "it’s not about how much crap the kid has, It’s about the memories that I make...". I mean, I COMPLETELY agree! Thank you for whomever said that.
So you had a nice life and your child is having a mediocre one. It’s your choice. Don’t diss your parents because they lived for you. I did the same for my kids because I wanted them to have fun so when they are adults they work hard. They do. They are savers. So it worked. If you short your kids, which it sounds like your not, they could either grow up to be savers or the complete opposite of you. I’ve seen it go either way. They only have one childhood better make it nice like yours or they could be horrible spenders. You see because you had a good childhood. So you don’t spend you don’t feel like you have to. Others that had a cheap childhood don’t feel like you. They want to give themselves everything they didn’t have. Totally psychological. I talk to these folks daily it depends on their personality type. Good luck
I don't know if anyone replied to you but I never had fancy birthday parties. There was a cake and lots of birthday cards which my mom saved for me and it was great blowing out the candles and making a wish. I have photos from those years which I love. You might want to have your child or children celebrate the day they were born by doing charity work that week like helping out at a soup kitchen or going through clothes and toys and donating them to a shelter. They'll remember that they helped somebody on their birthday. And then have a cake and balloons and sing and maybe take a walk depending on the weather and take lots of pictures. And tell the story every year of how you and your spouse met and talk about the day they were born. My dad always told me what the weather was and how we took a bus to the hospital. That was a big moment in their life and now they have you!
Eight year olds like cheesecake? Mine didn't.
Some of these calls stress me out...just listening to what people are going through...
So many people overspend.
I needed to hear this one so much. My mother just took out 70k in loans and is expecting me to pay it back. I said no to everything she wanted to buy. Now she thinks it’s my responsibility.
FYI, Our homeowners insurance includes identity theft so check with yours first before getting a separate policy.
Thank you Dave for your information. I'm almost thru working the steps. Woohoo.
Yes! You need people you can celebrate the good stuff with. Unfortunately, there are lots of haters🎉🎉🎉❤❤❤
My first husband apparently opened multiple credit cards in my name and under my social without me ever knowing. I found out when collections agencies started calling me after we divorced. I was give bad advice at the time and went ahead and settled with all of them. It was so hard financially. He was a pastor. Sometimes you can be abused without knowing.
Way to go Taylor! Congratulations! You did it! Wow! Amazing 🤩
This is the best advice I've ever heard. Thank you!! 💕 I feel like i can get out of debt and save to buy a house.
I did it!! I'm %💯 out of debt. Just pay off my car and cut my credit cards. I have money in the closet for a rainy day. I'm so Happy😊
Life is a result of the choices we make.
This is absolutely true as long as you are in control of your life. If you are under age or a victim of trafficking (situations where you were not in control) that is the only time you are not responsible for what has happened in your life.
Regarding the last caller: I wanted them to ask her if there’s another guy involved. She’s so lackadaisical about destroying her marriage and the lives of her children! If I left my husband over the first 4-8 years of our children’s lives, when we were both trying to figure out how to be parents AND spouses, I would’ve made a terrible decision and ruined my children’s lives and hurt them beyond repair. So thankful God got us to where we are! It takes work, commitment, and choosing love!! Grass isn’t greener!! Don’t do what you’re about to do!!!
And she’ll never regret it except for the few moments when she is lonely for a new mate. No reason? No alimony.
I agree with you and Dr John! There is more to be the last story! Girl, you were a mom feeling like you were by yourself for the few year and a half of life, not the first 18 years of life. She’s either already got a back up plan or there is something else. Her voice sounded very angry in its silent way.
They are always going on women who call. They would have asked a guy that, if there is another woman...
In regards to the prenup and this is for more of stay at home parents or planning to be stay at home parent GET A PRENUP. As amazing as it is being with your child at home it will cost some gaps in your resume and you will miss out on promotions etc. Make sure you and your child will be set up for success with/without your partner just in case.
EVERY woman should be prepared with skills and an education to support herself and her kids if necessary. Death, divorce, and disability can happen in any family.
The last caller yikes ! She was not direct and with her feelings and they were really trying to help her . But I guess you can’t help someone if they don’t want to help themselves . Hope she figures it out
I like how Dave actually tried to help people too 8:40 a lot of ppl just give advice and kick you off but Dave actually at least extends that extra olive branch
Always good advise from you two. The challenge is to get people to chose to "sacrifice" the new car, new clothes, etc. for a short time. There is not an instant fix, no magic pill. Too bad our schools don't teach practical economics, because too many parents don't or can't. Why is saying " I can't afford it" a bad or shaming thing?
Love this. Mr. Ramsey thanks so much for all the great videos! You are right on the money!
Ensuring the protection of your capital holds greater significance than solely focusing on making money. This is primarily because once your capital is lost, the process of generating profits becomes significantly more challenging. It is comparable to the notion of "missing the train" versus the irreversible consequence of "losing your money." While there are various opportunities available, once your funds are depleted, it becomes exceedingly difficult to recover.
Wall Street advocated for quality stocks that boasted high profitability and low debt, positioning them as a form of insurance against economic uncertainties. However, these quality stocks have underperformed the S&P500 index this year. As a result, my portfolio, valued at around $200k, has experienced a decline of approximately 20%. I am seeking recommendations on how to enhance my investment returns and scale up my portfolio.
The reality is that nobody possesses absolute knowledge in the world of investing. Therefore, it is crucial to develop your own process, effectively manage risk, and remain committed to your plan, regardless of the circumstances. Additionally, it is essential to continuously learn from past mistakes and strive for improvement in order to navigate the investment landscape successfully.
I agree, which is why I find it beneficial to have an investment coach guiding my day-to-day investment decisions. They possess a skillset focused on capitalizing on both long and short positions, effectively managing risk to leverage its asymmetric upside, and employing hedging strategies to mitigate the impact of market downturns. Additionally, their access to exclusive information and in-depth analysis further enhances the potential for outperforming the market. I have been utilizing the services of an investment coach for over two years, and the results have been remarkable, with net earnings exceeding 2.8 million.
@@michaelwiebeck3 Would you be willing to provide information about the advisor who aided you? As a 39-year-old, I am eager to expand my stock portfolio and devise a retirement plan.
She's known as 'Vivian Carol Gioia'. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Man Dave helping out with ID theft good man I work in Identity management
I had my son in 1990, and we moved in 1991, leaving a forwarding address for any mail. Fast forward to 1999 when my husband and I go to buy a house, our credit score was terrible because of a doctor’s bill they never sent to us. It was for the anesthesiologist. It took a huge chunk out of our down payment. The calls were filled with profanity and screaming, upsetting my son who always loved to replay the answering machine. We took care of it but it would have been much easier to get the bill in 1990. LESSON LEARNED: ALWAYS monitor your credit report, and report errors ASAP!
Every time listening to your advice love you more ❤❤❤
thats right dave. The kids are alright. Thanks for saying that
You can file a police report for indentity theft online with alot of police departments. Then, you file that report with the Federal Trade Commission..it will stay on file
I wish I had a prenuptial agreement with my abusive ex. Once I decided to leave him, he tried to make me go bankrupt with lawyer fees. Had I had a prenuptial, I would not have ended up with 153K of stupid lawyer fees. I'm still paying 11 years later, but almost done.
Dave says if a man asks for a prenup he loves his stuff more than her. Well maybe she loves his stuff more than him...that happens A LOT and OFTEN. Don't let 'love' manipulate you into a bad decision later one. If she objects to a prenup THATS a red flag, too.
The "deciding if i need to leave my marriage" call near the end is insane. Having kids completely changes you, your spouse, and your relationship, and God and love get you through that transition. Men suck at it at first, some for varying lengths of time, and it's not a natural transition for men. But if there's no abuse in the relationship, then it is absolutely worth the effort. And it's wonderful in long-term, as he said "one day you wake up and it feels really awesome". 100% correct.
And I also agree with Dave... He's being blunt but I think he was kinder than my mind was when she was talking about it.
My dad is a firefighter, my brother and best friend are as well… don’t marry a man (or woman) who is or has dreams to be a firefighter if you can’t handle it. It is normal to miss holidays, it is normal to have to do things without them. DONT sign up for that life if you can’t handle it.
I wonder if the wife trapped him with the 4 kids and now wants to remake him into something he is not. Is she jealous of his love of his job and now she's trapped herself with caring for 4 children?? What will happen when the children are grown? I think she's a manipulator and he's stuck due to the kids. Watch out whom you reproduce with.
As a former firefighter, I agree. There are stressors on time, psyche, and finances that come with a life in the fire service. There are almost always second jobs and time from home. I met and married my husband in the middle of it. He is my rock.
In some states, banks only have 3 years to collect credit card debt from a customer. Just do an online search for your state. My mom was a victim of credit card identity fraud and after 3 years, the banks left her alone.
My son finished dental school at 32 and went right into working at a small practice. His program had a lot of clinical work during years 3 and 4 so no residency was required and he immediately began to work. Yes, it cost almost $400K, but his income increase is making up for it, and he has a balanced home/work life.
That's great to hear! Most dentist stories I hear have that level debt with an $80-120k income, which is a crushing debt ratio
I would love that clip in the end with John. I would love to hear more. And hear him try to work it out.
Love your comom sense advice. I wish people would pay attention and start using it.
Yes, fraud,fraud, fraud! Good advice! I worked in fraud with a credit card. I hope she gets through this.
She needs to insist that it goes into arbitration. There is an arbitration agreement in nearly every credit card agreement. Fees on consumer and business side are completely lopsided in side of consumer. Just taking it there can make them back off.
I believe Dave is right on with woman last caller…. Wise man DAVE RAMSEY! 🙏🏻♥️
Firefighter career - I was married to a cop. Couldn't imagine asking him to quit his career. The problem was the PTSD he came home with and his refusal to quit going out on his Regular Days Off with co-workers. I divorced my cop because he was married to his career. Not me.
I think she's trapped him with 4 children and is jealous of his time away and the love of his job so she wants him to suffer, too. What's out whom you reproduce with.
@@UncleDavesKitchen Yes, she's a mess and he's stuck like a dinosaur in a tar pit with her and 4 children.
For the cc the ex opened. A good piece of advice if you exit a relationship like that, pull your credit report immediately, and then every year. They will not usually investigate identity theft reports, but if you can identify the person they might. Freezing your credit is always a good safe guard, but it isn't 100% fool proof either.
There is another consideration for the dental hygienist call. Here in Virginia a hygienist has to work under a dentist. However, in some other states a hygienist can set up his or her own independent office. If what the wife wants is independence to "do dentistry" the way she wants to do it, perhaps consider a move to a state that would let her have her own independent hygienist business - certainly a lot cheaper than going to dental school. She could also specialize in making bridges, crowns, and other technical lab type work as an additional supplement. All that would mean she could make a lot of money, but have far fewer expenses than dental school bills and setting up a practice. My sister-in-law had her own independent hygienist business and made a ton of money before she retired.
But she WORKED 💪
She sounds kind of arrogant that she knows more than the dentist she works for.
Been watching Dave for awhile and listening to him on radio. There has been times where I can relate to the callers and I get afraid to call in...lol. But I know that Dave is here to help not to shake a boney finger at you and yell HOW DARE YOU! I'm in debt with a mortgage and I'm single but still I'm working on getting out of debt and working extra hours at work. I don't want to live paycheck to paycheck and I'm glad and thankful to listening to Dave again after being away from the show for about a year.
Young people generally speaking, aren't really good at knowing how to deal with problems like this when they arise; very emotional... We need more early financial education in this country!!!
Thanks for all your great wisdom!!!!!!!!!
I feel so bad for these young people who have had to put up with these immature, cowardice, so-called parents. Sometimes in life you have to give to yourself what you wish you could get from others.
I have struggled for years to get away from and protect my children from the dysfunctional family I grew up in.
watched this with Jazz music and would absolutley recommend lol! great video and awesome concept Thanks NIck!
On the student loan debt the mother and father should split that debt and pay 30k a piece which is totally manageable. Today in divorce or custody hearings it is standard to split college costs in thirds, the child pays a third and each parent pays a third .
These 2 are easily the A-team regarding tandems on this show. Actually, it's not even close.
That marriage one made me so sad. So your husband is reconnecting with his children (18months is literally nothing, is she serious!?) And since you don't wanna forgive him or rebuild/reconnect with your husband you want to rip your daughters away from their father!? She sounded so cold and disconnected, but wanted to accuse him of having (past tense!) been the same ... So sad. Kids need both parents. She couldn't even give a legit reason to leave. Our culture is so effed.
Sounds like she found someone else
Probably smh @@Telhasteeze
That call sickened me. I wish Dave let her have it. What a pathetic call. I wish i could tell that lady what we were all really thinking. What a joke of a person.
My husband and I have 4 kids. Babies just weren’t his thing. When they got older he got more involved.
@@RebeccaAllen-u2f which is totally understandable
I just love watching you. Awesome!
1:29:07 I love that!
“Wealth magnifies everything, and that includes crazy.”,
On prenup for security against crazy extended family of spouses.
Nick - please listen to the advice given. There is a lot to consider. Not only the money, but that in any kind of medical education, students are in a cohort which means they have to take certain courses at certain times - so part-time education is not possible. Another MAJOR consideration for being a dentist is if she has the small motor skills to actually do dentistry, which is quite different from hygienist work. I often talk to various professionals about what's needed for success in their profession as I do a lot of student academic counseling. My dentist is an exceptional technician and when I talked to him about the challenges of dental school, he told me so many future dentists had the ability for the book knowledge, but not the small motor skills for the technical aspect. So they bailed out and had huge debts for what they had borrowed to that point. In addition, although many physicians can work as hospitalists and a doc in the box, dentists have very few options other than the huge expense of setting up their own practices. So, between training and setting up a practice, this is about a million $ decision. And she will not just be working for the next 20 years, she can count on working for the next 30 years to make it financially viable. The reason given that she wants to be a different kind of dentist from what she has seen is not a good enough reason to want to take on this huge commitment and potential major debt. On your salary alone it will be almost impossible to cash flow this cost.
How much does your dentist make a year? Plz reply. Thanks a lot.
@@gourabsarker9552 I have no idea how much he actually takes home. It's not how much he makes - it's how much he takes home after paying for the practice, his student loans, and the salaries and benefits of the FIVE women who work there. My point was not that a dentist does not make good money. My point was that no one knows until they start training if they are going to be good at ALL aspects of a particular job that requires high technical skills. In the meantime, they have borrowed or paid a huge sum of money for training they did not finish and end up paying for in a lower-paying job. In addition, as Dave correctly pointed out, few people realize the number of years they are "locked in" and if they truly love that work enough to stick with it for decades. According to the call, her reasoning seemed to be that she wanted to do dentistry a different way, not that she really loved dentistry.
I have a lady dentist. Late 30s. Just had her second baby. She told everyone she was gonna go p/t and work for another dentist. Women have an instinct when they have babies. Not all, but 95%. They want to spend time with either kids. Make sure she wants this, Nick.
That last caller who wants to leave her husband is delusional. He will remarry and end up okay and she will end up alone if this plays out the way most of these situations do.
Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000
Mind if I ask you to recommend this particular coach you using their service?
'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
Also a woman coming out of abuse doesn't have the energy or the self esteem to fight because she has been fighting for her life for a long time. Prayers for her strength
I know how that feels. Abusers get away with all kinds of shit because he or she is just thankful to get away. I hated she waited so long. Perhaps she didn't have family to fight for her
57:24 Dave and John want to jump out of their chairs 😂😂😂😂
@47:40 the trooper said, “… when I didn’t know what I was getting myself into.” That’s an admission that he did know about the loan. And why go 60k in the hole to turn out a cop? The math ain’t mathin’ at all on that. The story isn’t believable at all.
1:56:55 It sounds like she passed the point of no return before her husband decided to start trying. She probably dropped the bomb “I can’t do this anymore, I’m leaving” and THEN he started to give a **** and it doesn’t really work that way. As a woman, we want someone to try because they want to try, not because we are begging them to or because they’re trying to win you back when it’s too late.
It’s like if you asked someone to unload the dishwasher 7 days in a row and they didn’t do it. Then once you start to do it, they run over and say “okay okay I got it, I’ll unload it” it’s like no it’s too late, I asked you to do it 7 days in a row and you didn’t. It’s like that but times a thousand.
Unless you’ve been in that type of relationship before (which Dave and John have not) then it’s hard to understand.
Dave is steamrolling Deloney in this episode 😂
I noticed JBD was not so quick to offer easy solutions with Dave on the set. I got the impression Dave was trying to teach him some techniques to be more popular with the listeners who are not part of his fan club.
@@Trustbutverify2651I think is crap. People hate on Delony because he reminds them of their problems. I wish all therapists were like him. Tell it how it is. People are too damn sensitive
@@BeeDee-qs9soYesterday, on the highlight people were complaining because he said and quote “change your language and take ownership” and then gave Rachel the entire rest of the call to talk. Him telling the truth is not obnoxious. He’s amazing at what he does. Y’all are just haters because he tells the truth! Also, if you are referring to when he says “I can’t breathe” that’s a sentence a lot of people will use when they feel stressed, overwhelmed, or anxious. A LOT of these calls are stressed and anxious so it makes sense.
@@flashthecorgi2053 don’t worry about her. She’s just mad because she probably has more problems than the people on the show. Let the haters hate.
@@jtrowe3921 you’re right! Hope you have a wonderful rest of your day! :)
We all know the first caller knew damn well about the credit card and isn’t taking accountability.
Like 99% of females in the world today
Right, and I will be damn grateful if Xander Insurance Identity theft helps her. If I were in her position, I would never make this mistake again. This is super extremely scary
Ramsay is providing general info to the masses so that people keep calling in. Why victimised a crooked female and ruin his own lunch
100%. She's playing victim. The tone of voice regarding back to back toxic exes speaks volume. Should probably choose a partner more wisely, if there are bad vibes, leave.
100% this girl was the cause of her problems and she's dodging all accountability
I saved this episode of the show under 'health' in my yt folders. Thank you!
I clean septic tanks fulltime 😢 pay is not great lol.
This is the only one thing I disagree with Ramsey on. It’s about not getting a trust done. It is so necessary! For one thing, no probate court also money and fees come along with that. It helps your beneficiaries, avoid certain tax’s. It illuminates beneficiaries from going to war over assets, because a will can be contested. Here in the state of Washington trust can be done for $2,500 - 3000. My wife and I are was so glad we had this time for our family. Also make co-executors of the estate. If you have more than one beneficiary!
GREAT SHOW, THANKS SO MUCH FROM ARGENTINA!
😃😄🙂
ANOTHER GREAT SHOW!
Hilarious, *ParticleCracker* I love the work you do mate. Those low life scammers take money from old ladies, they have no soul or heart and deserve everything u give them. Your doing a service to humanity. Love the videos, keep doing the good work mate….!!!!
Interestingly, banks more commonly go after people with under 10k in credit card debt because people with more than 10k debt are less likely to be able to pay it off.
Success rate of marriage - also remove the multiple divorce rate of people who have been married and divorced several times.
You don’t need a bigger house to grow a family. My parents came to America to escape the Vietnam war. I have 3 sisters and we lived in a 1 bedroom. 6 people. Make it work and leave your ego behind
Just listened to the advice that you provided that caller who left an abusive situation. If that caller follows your recommendation and files a police report, won’t the abusive ex-husband now have her address?
Surely the police would know how to mediate such situations ?
@@amireallythatgrumpy6508There’s a reason for safe houses especially for battered women. They are fleeing men who have managed to slip through the cracks of the law, without impunity.
@@amireallythatgrumpy6508Police do not mediate.
I did a short stint as a debt collector in my early 20s. I hated it. I absolutely hated it. Needless to say, I wasn’t very good. glad I wasn’t very good😊
Stephen - DO YOUR RESEARCH. The glory days of highly paid chiropractors are over. A lot of people who go to chiropractors are older. Medicare reimburses only about $18 a visit and does not pay for the x-rays, etc. that are needed before treatment. And other health insurance for younger people does not cover most of the costs. I know - my son-in-law is a chiropractor and would not choose that profession again. Thankfully, he was able to find another job as a college anatomy professor. Think about another kind of medical training that she can get inexpensively through a community college like radiology tech, nursing, etc.
Parents should never take out parent loans for school...horrible decision.
She’s a dental hygienist and makes $40,000?? How? In Virginia we all make between $70,000 to $100,000 being a hygienist. I wonder if he meant Dental assistant.
I was thinking the same thing ! RDH here in CT we make same as you mentioned 70-100k . Maybe she is working part time ? I was thinking if you want to be a dentist work more so you pay the debt off and save the rest for dental school if that is what they want to do . Definitely a challenging journey due to having little ones , demanding time from dental school, and etc. I remember when I went into hygiene school head director said tell your love ones they are second in line while your in school 🫠😬
@@melissarivas2483 yes. I had 2 kids when I went to hygiene school. (3 kids now) They said that to me too 😭 Yes maybe she is part time. Hope there isn’t a crazy shortage of hygienists where you are right now. My next recare is 9 months. Might be 10 months soon. She’s needs to stay a hygienist 🤣
@@melissarivas2483 Good advice for anyone in school for a demanding career!
In my neck of the woods, hygenists make $45, 000 a year.
Probably depends on the area of the country and such. They also said chiropractors make around 60k when I know mine is making at least 5x that.
To avoid being harassed by the collectors, better pay your debt on time or better don’t borrow money at all! These loan sharks should be avoided in the first place 🤦♀️
Dave is correct: It is a commitment for those degrees. I'm Dave's age, but I have noticed lots of younger people having commitment issues. There are other books and resources that talk about the growing number of people with commitment issues. Just saying.
I agree. I originially wanted to be an MD, but I had a child my senior year of pre-medicine and realized I really want to be a hands on mother with my current child and future children. I'm not positive when that will happen so I'm doing an accelerated nursing program to get my healthcare fix and be fulfilled, but eventually I can step down to part time or work from home and raise a family. That means more to me than the degree that I'll or use for 10 years or less probably.
An even better idea: Don't Buy Crap You Do Not Need!
Clear of debt now..but used to tell them. "I dont want to be recorded" ! Conversation over.
God Bless You guys for making sure she was safe and got the help she needed!!