@@DarkroomMedia007 This poor kid is in a HUGE mess. He needs to get out there delivering pizzas and driving ubers to get rid of this massive amount of debt he is in!!!!
At age 56, I have reached my goal for retirement, but I cannot stop worrying about money after being fixated on it for so many years. I’m grateful Dave pointed out the psychological issue.
Husband commutes 95 miles a day. Bought a used Honda Civic for 8k. Runs beautifully and saves a ton on gas mileage. There’s always a cheaper and better way.
It’s crazy to me how a lot of people are comfortable being in debt for a car and they don’t even know their interest rate of the car, the total cost of the car. They are just willing to make that monthly payment.
All this stuff is shown to everyone when they go into the finance office… the amount financed, the interest rate, the amount the loans gonna cost you over the life ( term) of the loan and the payment..most people ignore everything but the payment amount- that’s their problem..all you gotta do to offset a higher rate is pay more each month and get it paid off way sooner.
That was me at 20 i brought and dodged challenger and didn’t understand anything. Paid twice the price for the car. I was just making payments not understanding that for the first couple years yu paying nothing but interest. When I gained so financial knowledge i wrote a check for 12k and paid the balance. Had i not I would’ve spent the next 3 years paying 20k. Saved a good 8k could’ve saved more had I known that i was paying nothing but interest.
@@gravitar365 I mean they aren't wrong. His programs are based on helping people getting out and staying out of debt. That is where most of his income comes from because of the scale.
There’s light at the end of the tunnel.. I’m 21 currently I owed 32k on a 40k truck I’m down to 7k it took me a whole year but it’s worth it I already feel more free!!
I have been feeling this, emotion left behind my intellect. I didn't really think about it that way but I am so thankful that I can go to the grocery store and just buy what I need for my family now. My mentality is still stuck on "I can't get that" though. Its kind of sad when I think about it. Its almost like I mistreated myself all those years. I am so thankful for you Dave. I was already headed towards financial freedom but you sped the process up for me tenfold. Thank you sir.
Unless he is writing off that payment on his taxes 800 is all kindz of stupid, what part of the brain says "800 payment on a car is ok"? I had a $230 car payment a year ago and I was freaking out
Leased a brand new car in my early 20's and I will never have another car payment ever again. If you can't afford to buy your car cash, then you can't afford a car
Not necessarily. Sometimes you can get very good deals on finance. Say you have a good 5% investment your money is in and you get a lower rate of finance it is better to lease the car than buy it cash. Having said that the sentiment is probably important if you couldn’t afford to buy it cash you shouldn’t.
I feel this. I'm inheriting money and will be using the majority of it to pay off my debt. I'll have a good chunk of change leftover and part of me feels so weird to buy a car with cash even though I will be able to. The emotional part of me that hasn't been gazelle intense paying off my debts is thinking that I should leave that money for a safety met, because I've never had one before. What you forget is that you can rebuild that safety net, but you can't go back and not waste the money you wasted by financing the car.
No. Put the money in the stock market. Buy your car when the stock market goes up. Pay off your debt when the stick market goes up. Geemany crickets! I can't believe how financially illiterate people are!
Lived paycheck to paycheck my whole career. Retired at 65 started my own business. At 68 I paid cash for my jeep 48k. Debt free except for my home. Down payment was 65k. I will have it paid off in 5 years. I am the happiest I have ever been!!! I also spend loads of time with my precious Great Grandson. I thank God for every moment He has allowed me to enjoy life!!!! I am a female !!!! Thank you Dave. I went through your program at age 50!!!! 🎉🎉🎉🎉
I'm 42 and homeless also a female. Never drank or done drugs or smoked no meds or pills nothing. And I keep helping the wrong assholes most of which happen to make 100k plus a yr and yet they all steal from me and I can't catch a break. I don't need no 48k car just a vehicle to get to work. But I am in an extremely abusive situation have rescued 8 dogs now and a few cats and 3 bunnies and the state I'm in I am banned from going to the court houses, police stations and DHS offices cuz they refuse to give me my paperwork. Have had 5 vehicles stolen 10s of thousands of dollars and other things cops wont even let me file a police report including my mail and i cant even stop and sleep at churches without getting cops called and tresspassed because im sleeping to tired to drive🤔🤯🤬🤬🤯 ... And I have a 99 GMC that was supposed to only cost 2,500 but has cost me over 56k cu the asshole who was supposed to be a friend and hold my Daughters money as collateral stolen it all and cops wont do shit!!! And a lot of it was actually worth more then face value and I'm just really about to end it all cuz my sanity is thru the roof at the moment.. can't get help being homeless if you aren't mental or on assistance or social security or immigrant or on drugs🤬.. Not even free fuhking clothing or food from churches or food pantrys our tax dollars pay for cuz I'm white and homeless not from the fuhking town but if I was an immigrant free for all on everything plus 30k in food amd 30k cash plus free housing the whole nine yards including another 3k a month social security 🤔🤯🤔... Sorry for rambling on I'm just a real bitter fed up bytch right now tired of getting abused and raped and not able to get help and instead I am the one punished for others crimes🤮😤🤬🤯🤬... Not to mention the illegal kidnapping of my Daughter for feeding her healthy and working for a living and it's been over 5 yrs ihave not seen her or nothing and yet isee all these drug addicts getting thousands of dollars a month and help with everything while they abuse their kids amd the fucking government wont do shit to them but give em more money and help to abuse their kids but yet because I got farm milk and didn't give my Daughter McDonald's it's called child abuse🤬🤬🤬🤬.. I have a bit on my bio... All I've been trying to do is open up a business and get to Federal court get my Daughter back and I am stopped in every way😭😭😭🤬🤬😭😭😭... So what's the point of life really??? She hates me and don't even know Ive been fighting for her this whole time😢😭🤬... I mean honestly her animals probably actually hate me too and only tolerate me cuz I feed them and give them treats 🤔🤯🤔🧐😔💣☠️⚰️🪦🤫🤫
I would be interested to know about your business as well, making that much profit in first 3 years with apparently minimal starting investments is great
Buying a car for commuting should be based on: reliability, cost, maintenance costs, gas mileage. I bought a 2016 Honda Civic and have racked up 162000 miles on it. The amount of maintenance I’ve had is minimal, the gas mileage is great and I feel great knowing I don’t drive a car that depreciated $45k in a few years. Never buy expensive if you know you’re racking up mileage. Makes no sense.
Agree makes no sense to keep buying or leasing new cars. Bought a new 2000 Honda Odyssey when my son is born. Drove it for 17 years. Then bought 2018 Odyssey. Hope to drive it at least until 2030.
yea if you’re broke this applies. for somebody with money in the bank, no debt, etc…. some people like having a new car every 3 years & not having to worry about maintenance or anything breaking. personal preference if you can afford it.
Family told me I should just get a note because I don't have a car. I told them I was saving for a fixer up cash car, they say I need a "reliable car" (like somehow a note prevents a car from breaking down). Meanwhile none of them have a mutual fund account but have shiny cars...I love being weird.
I feel like most parents are like this guys, they let them make stupid financial mistakes with years of repercussions. My parents would make sure that I knew exactly what I would be going through if I told them I was thinking about buying a $52k car. They would let me make the decision on my own, but they would make sure I knew how bad of a decision it would be if I chose to buy it.
Goodness! Choose a different dream. Choose a dream of playing an instrument well or writing a book or learning to crochet or draw. I can't believe how many people's whole lives are about nice cars. God don't care nothin' 'bout you havin' a nice car. Maybe even make your dream about helping others. Make your dream about being debt free and growing wealth. Not about a shiny piece of metal!
@ShelleySorenson Who are you to tell people what their dreams should be? Nothing wrong with loving cars, just don't be an idiot and buy a car you can't afford.
We leased a luxury car 4yrs ago, monthly payment was 800, plus insurance and gas, we were paying around 1200 a month for it… We were making 190k at the time. The more ridiculous thing was we purchased a rental property in the same month as we leased the car… Do I regret the decision? Car, yes. Rental property, No.
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
There you go. Thats realistic. All these losers in the comment with a bunch of likes driving old wack ass cars that no girl will ever look their way or they wont he respected. But they dont care but of their ignorance and lies they tell themselevs
@@MiguelGonzalez-bj5ty That's because we're 50 years old and married. My wife grew up in the country and her parents either made, built, or fixed everything themselves. I buy sportscars, but I maintain them myself and I hang onto them for 10 years. Mortgage is long since paid off.
21K miles a year in my $8000 car. People tell me I paid too much but I really don't think I did. It's a 2012, I bought it in 2023, and I've spent less in repairs than my mom has on her 2020 car. 140K miles on it now and it's in really good shape.
1st tip to buying a car:get a Toyota, I daily a 2004 camry with 250k miles, still runs like a clock, bought it for 3k when I started my college, graduated in summer of 2020 with $3800 in cc debt, I started making 90k a year couple of months ago but I will be driving it till the wheels fall off.
I have a 2001 F-150. She's still my everyday ride. I had to put on a new fuel pump and brake lines but other than that just regular maintenance. I've changed one spark plug in 23 years. I bought it from a friend who bought it new, she only had it 9 months and had to have the (back then) new mustang. She totaled the mustang in the first month when she mis-shifted on a curve and spun out, ran into and flattened a tree on a berm, went airborne, took out a chain link fence and smashed into the side of a brick garage. 23 going on 24 years later I'm still driving that truck she sold me. She ended up underwater on the mustang so she had to by an old beater to drive until she paid the mustang balance off. The webs we weave. Best part is no one ever messes with it because they think it's just a POS. She's never let me down. Very comfortable for trips.
The Dave Ramsey show has definitely helped millions of people sort there life’s out including me god bless Dave Ramsey he’s definitely the chosen one 😇🥂👏🏽
In the Philippines my pastor gets $120 a month. His retirement will be $60 a month. His wife gets $210 a month as a school teacher with a degree. My girlfriend would get $85 a month at a entry level job. I sometimes earn more in a hour than they can in a month, and I am a blue collar worker. We got it sooo good in the USA. Let's share with those who have less.
You make money but everything also costs more. If you made the same amount of money but the U.S had Philippine prices then your point would make sense.
Capitalism is free for all. I will never feel for those who don't endorse or adopt it. There are no innocent victims when it comes to economic circumstances
..."And you explained it to them in a good way why you needed this one too...driving 100 miles a week means I'm going to destroy the value FASTER!!!" LOL
WHY CANT I COMMENT EVER COMING OVER FROM SHORTS🤬🤬🤔?!?! AM I THE ONLY ONE WITH THE PROBLEM??? YEAH IM LUCKY TO MAKE 1K A YR WORKING 12-16 HRS A DAY OR MORE🤔🤬😭🤬🤔🤯🤯🤬🤬
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
Even after all these years Dave's "emotions have mot caught up". It's not because they still need to "catch up", its because he still has insecurities/traumas/whatever to do with that time. Even the smallest thing can affect a child or any adult. You can shift these things. But its not jsut by waiting. Do your "inner work". Even basic common therapy isnt necessarily going to help, cause thye dont do a lot to actually relieve these trauma reaponsed in the body. Anything that activates the fight/flight/flee response is a traumatic experience. It doesn't have to be a dramatic wxtreme scenario.
It took me so long in my life to figure out what I was good at to make an okay wage. I went through twenty years of being poor. Finally my wife and I are saving some money for retirement.
Great idea - buy an expensive car and rack up high miles which will depreciate the car faster and increase the nominal loss. Sounds smart. Granted - dude is doing the right thing now though. Good for him.
Had to make some major repairs for my car to pass inspection in April 2021. The bill was about $1600. Other than having to move some money around, I paid cash for it. I could never imagine doing that before listening to Dave Ramsey.
Cars are a waste of money! Whether that car costs $1k or $100k, they both do the same thing: Take you from point A to point B. Why would you choose to have a more expensive method of travel when you can do it cheaply? Save up, buy cash👍
Yup, yup, yup. Agree, agree, agree. People act like everyone is going to bed at night saying, "Joe has a nice car. I wish I was Joe. Good night, wife." Then the next night they go to bed and say, "Joe's has a nice car. I wish I was Joe. Good night, wife." Night after night. In reality, no one is really thinking about your nice car, except me. I am thinking. "Why did that idiot buy that car?"
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
4:30 my house needed a roof 3 yrs ago. I knew it was coming about two yrs prior. I ended up getting a metal roof, more upfront than shingles but wirth it long term plus having issues with ice dams that i no longer have. Oh, j also wrote almost a $12k check out of my checking account free and clear for the job
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
I bought a 1400 dollar 2011 fiesta ,and drive it up to 6 days a week ,cheap ,reliable and fun to drive ,now that my home been paid 4 years ago ,still drive the same car and have a 92 deville as back up,missing some trim pieces ,but cranks runs and drive when need it
A $52k car and $150k income in commifornia is like a $20k car and $70k income in America. If they would've asked what type of car he had, they would've seen that.
Live and learn. Hopefully this show helps more people not have to live it to learn it haha. I did the same thing 6 years ago when I was 22. Got my “big boy” job and then bought a brand new truck. Good thing some dude high on pills rear ended me and totaled me out and got me out of that truck payment and I learned my lesson and bought a 2008 Toyota that runs great and is paid off.
U got lucky also, you would not be so happy with your decision if the tranny and radiator went bad in your 150k mile 15 yr old car after 4 months and your bill was $2990. Your gamble has paid off, alot don't. Also u could be a single person who drives 5 miles to work. Would u buy that old car if you had to drive 70 miles round trip and have to take your young children around in the rust bucket. Problem with these Ramsey people and I agree 90 percent with them, their car advice is not 1 size fits all like they make it seem. A new car with peace of mind is worth 1000s to me, others maybe not
In Malaysia, we have many people making around Malaysia Ringgit 60k to 90k a year but own a car with monthly installment from MYR 600 to 1200 for 9 years loan tenure. What is the big deal?
I hope if youre reading this you have a great day! Been on my grind with youtube and excited for the future for myself and everyone in this comment section
He can keep the car, he just needs to pay it off first. Pay it off and keep the car. The value of his car is less than 50% of his take home pay. Even at the new value.
I am ill and working hard but only earn under 30k and I am working on 59000 dollars in debt. Can barely work as is. rent, bills etc are killing me. I doubt your great advice would help me. But i still love your advice and your show.
So true about car prices going up. I remember in the 90s and early 2000s when you could get a brand new Honda Accord for 13k to 15k. Honda Accord can run you 35k and up now for a new one which is insane. 30k for freaking Honda Accord is insane.
I agree there’s no point wearing out a nice car, but I think it’s more important to be safe. Up-to-date car with hefty insurance and UMBI in case you get injured by a loser.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
He is lucky to have discovered himself financially at 25, not made too many mistakes.
I'm 17
@@chinmaygaming3827 ok
True, home ownership and mortgage is the next chapter.
@@chinmaygaming3827 so?
@@charliedallachie3539 That’s my next chapter :)
I bought a Rolls Royce because anything less would be uncivilized
How else would you get free mustard?
@@cjlive5182 ¿?
I bought a Rolls Royce because I drive a lot. If you drive a lot, maximize your ability to destroy a car's value.
I hear ya man, sounds reasonable
@@marnarenteria4203 ever heard of Grey Poupon ?
I have a bus pass. I like being chauffeured to my destination. I feel rich hiring someone to drive for me. xD
😆😆😆👍🏽😆👍🏽
The bus fees in my city is free, so i feel super rich
Lovely that you live in a place with buses. Most people do not.
hahahha :D
@@DarkroomMedia007 This poor kid is in a HUGE mess. He needs to get out there delivering pizzas and driving ubers to get rid of this massive amount of debt he is in!!!!
At age 56, I have reached my goal for retirement, but I cannot stop worrying about money after being fixated on it for so many years. I’m grateful Dave pointed out the psychological issue.
What was your goal. What do you think you need to retire?
Do you regret not saving more or not enjoying life more?
@@kojack635 I look forward to an abundant retirement. The challenges are: actually retiring; and learning to spend.
I have that problem after super saving for 20 years cant spend without massive guilt.
@@curtissharris8914 I also find that when I do buy something, I don’t get much pleasure out of it. I’d rather see the money grow.
Husband commutes 95 miles a day. Bought a used Honda Civic for 8k. Runs beautifully and saves a ton on gas mileage. There’s always a cheaper and better way.
Yeah, I have a 2011 camry with 116k miles and I plan on driving it into the ground. Its so cheap
Our Camry has 180k miles on it and I plan to run it until it goes tires - up!!
But not for stupid people. . .
@@kojack635 YUP!
@@sagm706 YUP!
Dave said “stupid is not illegal” 😂😂😂
killed me!
😂
Yes, you have a president who confirmed that..
"I bought a 94' Celica for 300 Bucks because I am smart and know how to save money". Scotty Kilmer
Scotttttyy 🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼🙌🏼
Rev up your engines!
Love him or hate him, Scotty's right about cars being financially ridiculous. You don't become a millionaire by throwing money into car payments!
Dave and Scotty prove that stupid should be illegal
@@TexansForChrist Your comment proves that stupidity should be illegal.
Dave is always better than he deserves. 🙂
This is my favorite Ramsey episode to date. Straight forward and simple
Dave screaming "We spent WHAT on COFFEE???.... ThAtS aLoT oF cOfFeE!!!!!!!!" is the best thing I've heard all day 😂😂😂😂
I want to know now how much they spend on coffee.
If he is driving 100+ miles a day, he should have gotten a Toyota Hybrid. Could have gotten it for half the price.
Nah, a tesla
Yeah for 52k he might as well gotten a tesla
He may have been driving a truck because his work demands one.
@@cgasucks no, cause your work can't make you buy a truck. That's why company's have company cars and other work vehicle
@@kevinsmith696 they can't make you buy anything but they could require a vehicle. Similar to Uber.
It’s crazy to me how a lot of people are comfortable being in debt for a car and they don’t even know their interest rate of the car, the total cost of the car. They are just willing to make that monthly payment.
yes, car sales people are really good at their jobs.
Live life don’t worry about everything else
When I talk to a car dealer and I ask for the best price and he come back With what kind of payment can you afford? I just leave.
All this stuff is shown to everyone when they go into the finance office… the amount financed, the interest rate, the amount the loans gonna cost you over the life ( term) of the loan and the payment..most people ignore everything but the payment amount- that’s their problem..all you gotta do to offset a higher rate is pay more each month and get it paid off way sooner.
That was me at 20 i brought and dodged challenger and didn’t understand anything. Paid twice the price for the car. I was just making payments not understanding that for the first couple years yu paying nothing but interest. When I gained so financial knowledge i wrote a check for 12k and paid the balance. Had i not I would’ve spent the next 3 years paying 20k. Saved a good 8k could’ve saved more had I known that i was paying nothing but interest.
I used to assume Dave was worth $10-20 million, he’s probably actually worth $100-$200 million, and that’s awesome.
He is but a lot of that is from selling his programs to broke people
He made his real money as an entertainer
@@laneblount9888 Actually most of that is probably his giant real estate networth.
@@laneblount9888 and obviously you don't understand Dave Ramsey. Find something better to do than find a reason to blame others for your jealousy.
@@gravitar365 I mean they aren't wrong. His programs are based on helping people getting out and staying out of debt. That is where most of his income comes from because of the scale.
Investments are the roots of financial security; the deeper they grow, the stronger your future will be."
The deeper your investment roots, the stronger your financial security will be in the future.
Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.
I would love an introduction to an adviser who can help me strengthen my financial roots.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.
Thank you for this amazing tip. I just looked the name up and wrote her.
There’s light at the end of the tunnel.. I’m 21 currently I owed 32k on a 40k truck I’m down to 7k it took me a whole year but it’s worth it I already feel more free!!
Why does a 21yo need a 40k truck? Take that cash and use it on your education, or save it for the future.
@@RFSpartan fun
I have been feeling this, emotion left behind my intellect. I didn't really think about it that way but I am so thankful that I can go to the grocery store and just buy what I need for my family now. My mentality is still stuck on "I can't get that" though. Its kind of sad when I think about it. Its almost like I mistreated myself all those years. I am so thankful for you Dave. I was already headed towards financial freedom but you sped the process up for me tenfold. Thank you sir.
I can relate. The constant knowledge that I can't get A or B is soul-destroying.
I bought a cinema because I like watching movies! 🤣
I would definitely do this if I had enough money
More like he bought 100 shares of netflix because he likes movies
AMC Stonks
😂🤣🤣
AMC 🙌🏼💎🚀🌕 lol
That payment is more than my mortgage.
Unless he is writing off that payment on his taxes 800 is all kindz of stupid, what part of the brain says "800 payment on a car is ok"? I had a $230 car payment a year ago and I was freaking out
He makes 100k a year apparently. That's about $2000 a week he's making.
Feel that I was trying to rationalize a $2k car payment lol
Depends on the car, a m2 or c43amg is around 50kish
And they worth it
@@gabeprice5648 Still ridiculous
@@johndone8045 no they aren't think gonna break down very fast, better off with a lexus.
Leased a brand new car in my early 20's and I will never have another car payment ever again. If you can't afford to buy your car cash, then you can't afford a car
Not necessarily. Sometimes you can get very good deals on finance. Say you have a good 5% investment your money is in and you get a lower rate of finance it is better to lease the car than buy it cash. Having said that the sentiment is probably important if you couldn’t afford to buy it cash you shouldn’t.
"I'd be freaking out" 😂😂🤣🤣🤣 1:48
I feel this. I'm inheriting money and will be using the majority of it to pay off my debt. I'll have a good chunk of change leftover and part of me feels so weird to buy a car with cash even though I will be able to. The emotional part of me that hasn't been gazelle intense paying off my debts is thinking that I should leave that money for a safety met, because I've never had one before. What you forget is that you can rebuild that safety net, but you can't go back and not waste the money you wasted by financing the car.
No. Put the money in the stock market. Buy your car when the stock market goes up. Pay off your debt when the stick market goes up. Geemany crickets! I can't believe how financially illiterate people are!
@@ShelleySorenson Thanks for the advice 2 years too late... lol
This guy is going to do a great job. A future millionaire!
The Ramsey Show wow Mr. Ramsey you’re so cool 😎
@The Ramsey Show Everyone knows you're a spammer/scammer. Your account isn't verified.
The Ramsey Show I messaged you Mr. Ramsey, I need your help to get out of debt. I’m 702k in debt
@The Ramsey Show Spam reported.
@@henryanaya8459 This kid is in an ABSOLUTE MESS!!! He needs to be driving ubers and delivering pizzas to get out of the mess he is in!
I had this same excuse but I bought an old Toyota Camry for 5k. If it wasn't for Dave in my conscious, I would been in deep debt right now.
I just sold my 2003 Camry for 7k and bought a truck for 50k lol but I make 175k. A year and paid it off
@@imakebank6524 dang man with that kinda money you deserve to splurge and still did the right thing. Nice
@@JustAName-it5qp thanks I wonder what dave would aay
@@imakebank6524 he would definitely dig into your debt to income ratio. As for me, I never bother asking him haha
I love the energy in the room
Lived paycheck to paycheck my whole career. Retired at 65 started my own business. At 68 I paid cash for my jeep 48k. Debt free except for my home. Down payment was 65k. I will have it paid off in 5 years. I am the happiest I have ever been!!! I also spend loads of time with my precious Great Grandson. I thank God for every moment He has allowed me to enjoy life!!!! I am a female !!!! Thank you Dave. I went through your program at age 50!!!! 🎉🎉🎉🎉
I'm 42 and homeless also a female. Never drank or done drugs or smoked no meds or pills nothing. And I keep helping the wrong assholes most of which happen to make 100k plus a yr and yet they all steal from me and I can't catch a break. I don't need no 48k car just a vehicle to get to work. But I am in an extremely abusive situation have rescued 8 dogs now and a few cats and 3 bunnies and the state I'm in I am banned from going to the court houses, police stations and DHS offices cuz they refuse to give me my paperwork. Have had 5 vehicles stolen 10s of thousands of dollars and other things cops wont even let me file a police report including my mail and i cant even stop and sleep at churches without getting cops called and tresspassed because im sleeping to tired to drive🤔🤯🤬🤬🤯 ... And I have a 99 GMC that was supposed to only cost 2,500 but has cost me over 56k cu the asshole who was supposed to be a friend and hold my Daughters money as collateral stolen it all and cops wont do shit!!! And a lot of it was actually worth more then face value and I'm just really about to end it all cuz my sanity is thru the roof at the moment.. can't get help being homeless if you aren't mental or on assistance or social security or immigrant or on drugs🤬.. Not even free fuhking clothing or food from churches or food pantrys our tax dollars pay for cuz I'm white and homeless not from the fuhking town but if I was an immigrant free for all on everything plus 30k in food amd 30k cash plus free housing the whole nine yards including another 3k a month social security 🤔🤯🤔... Sorry for rambling on I'm just a real bitter fed up bytch right now tired of getting abused and raped and not able to get help and instead I am the one punished for others crimes🤮😤🤬🤯🤬... Not to mention the illegal kidnapping of my Daughter for feeding her healthy and working for a living and it's been over 5 yrs ihave not seen her or nothing and yet isee all these drug addicts getting thousands of dollars a month and help with everything while they abuse their kids amd the fucking government wont do shit to them but give em more money and help to abuse their kids but yet because I got farm milk and didn't give my Daughter McDonald's it's called child abuse🤬🤬🤬🤬.. I have a bit on my bio... All I've been trying to do is open up a business and get to Federal court get my Daughter back and I am stopped in every way😭😭😭🤬🤬😭😭😭... So what's the point of life really??? She hates me and don't even know Ive been fighting for her this whole time😢😭🤬... I mean honestly her animals probably actually hate me too and only tolerate me cuz I feed them and give them treats 🤔🤯🤔🧐😔💣☠️⚰️🪦🤫🤫
What kind of business did you start at 65? I'm 37 and am trying to paint houses on my own.
I would be interested to know about your business as well, making that much profit in first 3 years with apparently minimal starting investments is great
Why the fuck would you pay 48k for an unreliable POS ? Jeep is the most unreliable brand in the US ... dumbest advice I have ever heard.
I drive 110 miles a day round trip and bought a 97’ Honda Civic for $3000 with 285k miles still running strong.
Exact situation I’m in
Thank you for the content 💯
Buying a car for commuting should be based on: reliability, cost, maintenance costs, gas mileage. I bought a 2016 Honda Civic and have racked up 162000 miles on it. The amount of maintenance I’ve had is minimal, the gas mileage is great and I feel great knowing I don’t drive a car that depreciated $45k in a few years. Never buy expensive if you know you’re racking up mileage. Makes no sense.
How long ago did you buy the car?
Agree makes no sense to keep buying or leasing new cars. Bought a new 2000 Honda Odyssey when my son is born. Drove it for 17 years. Then bought 2018 Odyssey. Hope to drive it at least until 2030.
yea if you’re broke this applies. for somebody with money in the bank, no debt, etc…. some people like having a new car every 3 years & not having to worry about maintenance or anything breaking. personal preference if you can afford it.
unless you're a car enthusiast and dont view cars as a dollar sign
Family told me I should just get a note because I don't have a car. I told them I was saving for a fixer up cash car, they say I need a "reliable car" (like somehow a note prevents a car from breaking down). Meanwhile none of them have a mutual fund account but have shiny cars...I love being weird.
I feel like most parents are like this guys, they let them make stupid financial mistakes with years of repercussions. My parents would make sure that I knew exactly what I would be going through if I told them I was thinking about buying a $52k car. They would let me make the decision on my own, but they would make sure I knew how bad of a decision it would be if I chose to buy it.
"I'll come to California and box your ears." Lol.
I'm 54 and that's almost what I've spent for all the cars I've ever bought.
Buddy of mine makes over 100k a year when you include his stock growths. He just got a 70k car. That’s his dream and it makes him happy.
Yeah but this guy is 25 not 45.
I'll bet that happiness will be short lived...
Here we are three years later and he probably still owes $50K
Goodness! Choose a different dream. Choose a dream of playing an instrument well or writing a book or learning to crochet or draw. I can't believe how many people's whole lives are about nice cars. God don't care nothin' 'bout you havin' a nice car. Maybe even make your dream about helping others. Make your dream about being debt free and growing wealth. Not about a shiny piece of metal!
@ShelleySorenson Who are you to tell people what their dreams should be? Nothing wrong with loving cars, just don't be an idiot and buy a car you can't afford.
We leased a luxury car 4yrs ago, monthly payment was 800, plus insurance and gas, we were paying around 1200 a month for it… We were making 190k at the time. The more ridiculous thing was we purchased a rental property in the same month as we leased the car… Do I regret the decision? Car, yes. Rental property, No.
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
Feel better .
Awww happy healing... love the car
I am 41 and bought a $4000 car because I drive a lot and that's what I can afford to pay cash 🙂
Smart man
Is that car still running
Yes it is :)
@@Picca65liar
@@trizmorgan1319 yes!
I drive 15k miles a year in a $1000 car . All my payments go to Napa, Carquest and Rock Auto parts.
😆 😂
lol
There you go. Thats realistic. All these losers in the comment with a bunch of likes driving old wack ass cars that no girl will ever look their way or they wont he respected. But they dont care but of their ignorance and lies they tell themselevs
@@MiguelGonzalez-bj5ty That's because we're 50 years old and married. My wife grew up in the country and her parents either made, built, or fixed everything themselves. I buy sportscars, but I maintain them myself and I hang onto them for 10 years. Mortgage is long since paid off.
21K miles a year in my $8000 car. People tell me I paid too much but I really don't think I did. It's a 2012, I bought it in 2023, and I've spent less in repairs than my mom has on her 2020 car. 140K miles on it now and it's in really good shape.
1st tip to buying a car:get a Toyota, I daily a 2004 camry with 250k miles, still runs like a clock, bought it for 3k when I started my college, graduated in summer of 2020 with $3800 in cc debt, I started making 90k a year couple of months ago but I will be driving it till the wheels fall off.
I have a 2001 F-150. She's still my everyday ride. I had to put on a new fuel pump and brake lines but other than that just regular maintenance. I've changed one spark plug in 23 years. I bought it from a friend who bought it new, she only had it 9 months and had to have the (back then) new mustang. She totaled the mustang in the first month when she mis-shifted on a curve and spun out, ran into and flattened a tree on a berm, went airborne, took out a chain link fence and smashed into the side of a brick garage.
23 going on 24 years later I'm still driving that truck she sold me.
She ended up underwater on the mustang so she had to by an old beater to drive until she paid the mustang balance off.
The webs we weave.
Best part is no one ever messes with it because they think it's just a POS. She's never let me down. Very comfortable for trips.
I drive a 2012 Mazda3 and I bought it for $8K. Now it's got 140,000 miles on it and I've been averaging 36 mpg. It's amazing!
Most important question Dave didn't ask: "What kinda car did ya get?!"
KIA
2004 Pontiac Aztec
Chevy Equinox 😂
Ford crownvictoria
People who have long commutes need to seriously think about how much of life they squirt away on the road. Anything past 20 minutes makes me agitated.
Very good conversation, we often think of money situations when we were @ our worst.
120k in CA is like making 20k everywhere else.
It’s not that bad but yea. You don’t keep 120. More like 80k
@@midlifecrisis7888 With my $50K home, $20K is good
Yeah. Someone in a more normal state making $120k a year could afford that car but not in California
Funny...My childhood home is worth 900k...original price 120k...
Depend on where in California.
Thank you for making videos!
100 miles a week is kinda far for a big city in CA, but in some parts of the country people drive 100 miles just to go grocery shopping.
Florida it be like 20 miles to go to Walmart 😂 and those 20 miles are like 10 minutes
I do 100 miles in 2 1/2 days...
Where I live everything is 45onutes from everything else.
I used to drive 100 miles RT for work when I lived in Baltimore. I worked in the Gaithersburg/Rockville area. This was when gas prices were $4/gal.
100 miles a week is a lot? I drive 37 miles BOTH WAYS EVERY DAY to work 😂
The Dave Ramsey show has definitely helped millions of people sort there life’s out including me god bless Dave Ramsey he’s definitely the chosen one 😇🥂👏🏽
In the Philippines my pastor gets $120 a month. His retirement will be $60 a month. His wife gets $210 a month as a school teacher with a degree. My girlfriend would get $85 a month at a entry level job. I sometimes earn more in a hour than they can in a month, and I am a blue collar worker. We got it sooo good in the USA. Let's share with those who have less.
It's good to be generous but dont set yourself on fire to warm the world
You make money but everything also costs more. If you made the same amount of money but the U.S had Philippine prices then your point would make sense.
Capitalism is free for all. I will never feel for those who don't endorse or adopt it. There are no innocent victims when it comes to economic circumstances
Mr. Ramsey knocs financial sense into everyone!!!
..."And you explained it to them in a good way why you needed this one too...driving 100 miles a week means I'm going to destroy the value FASTER!!!" LOL
2:16
Over 100k income?! .....geez...I'm almost 30 still trying to figure it out. Good on you man.
WHY CANT I COMMENT EVER COMING OVER FROM SHORTS🤬🤬🤔?!?! AM I THE ONLY ONE WITH THE PROBLEM??? YEAH IM LUCKY TO MAKE 1K A YR WORKING 12-16 HRS A DAY OR MORE🤔🤬😭🤬🤔🤯🤯🤬🤬
Used car prices are insane today. It almost doesn't make sense to buy a used car that's 2-3 years old.
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
@@unfairsanic5089 sorry to hear that. I hope the best for you!!!!
😆
not really, I bought a 2019 car in 2020 with 15k miles on it for 8k pretty good deal
@@ammar3094 Which car model? 🤔
if you're not growing you're dying.......beautiful quote.
“You need to get on a beans and rice diet now, and have no fun until you pay off this car”😂😅
Even after all these years Dave's "emotions have mot caught up". It's not because they still need to "catch up", its because he still has insecurities/traumas/whatever to do with that time. Even the smallest thing can affect a child or any adult. You can shift these things. But its not jsut by waiting. Do your "inner work". Even basic common therapy isnt necessarily going to help, cause thye dont do a lot to actually relieve these trauma reaponsed in the body. Anything that activates the fight/flight/flee response is a traumatic experience. It doesn't have to be a dramatic wxtreme scenario.
He needs to go see Mr. Hyundai 🤣
I bought a Tesla because I need to go the grocery store.
😂😂😂😂
😂😂
I bought a F450 because I need to go to Costco.
@@dedalliance1 🤣🤣🤣
I bought a U haul truck because i need to store my extra junk somewhere.
"Stupid's not illegal" 😂🤣😂
It took me so long in my life to figure out what I was good at to make an okay wage. I went through twenty years of being poor. Finally my wife and I are saving some money for retirement.
I did something dumb like that once, except it was 24k and not 52k 😄
Im thinking to get a 10k second hand bmw but im doubting of taking a loan for it
@@ciscosan5932 don’t
Me too except mine was 15k
Same lol
Me too lol 35k
5:08 🤣🤣🤣 just listen and look at the reactions
Great idea - buy an expensive car and rack up high miles which will depreciate the car faster and increase the nominal loss. Sounds smart. Granted - dude is doing the right thing now though. Good for him.
Just paid a $12k tax bill and wrote a check. It was a good feeling paying cash. Just not who it went to. Thanks Dave (12 years in)
@The Ramsey Show u ok there dave?
@The Ramsey Show Can you link me something new?
@@dedalliance1 hey now, I was here first, he's going to link me something new
@The Ramsey Show I don't know how to message you can you help me?
@The Ramsey Show oh. Your number didn't work maybe it's broken?
Had to make some major repairs for my car to pass inspection in April 2021. The bill was about $1600. Other than having to move some money around, I paid cash for it. I could never imagine doing that before listening to Dave Ramsey.
Congrats
Love Dr. John
For guidance--
W,,H,,A,,T,,S,,A,,P,,P +,1,8,0,5,3,9,9,2,7,1,6
Dam! His car payment is almost the same as my rent
My mortgage! Dudes driving a house around.
I understand that when you’re a young bachelor you want to drive a nice car. He’s way ahead of his game. Good for him. I’m sure he will be just fine
We have a client that is a deca-Millionaire. He drives a pickup and has a 20 yr old Tahoe. He told me cars were a waste of money.
Do you live in Omaha, by chance? XD
Cars are a waste of money! Whether that car costs $1k or $100k, they both do the same thing: Take you from point A to point B.
Why would you choose to have a more expensive method of travel when you can do it cheaply? Save up, buy cash👍
Yup, yup, yup. Agree, agree, agree. People act like everyone is going to bed at night saying, "Joe has a nice car. I wish I was Joe. Good night, wife." Then the next night they go to bed and say, "Joe's has a nice car. I wish I was Joe. Good night, wife." Night after night. In reality, no one is really thinking about your nice car, except me. I am thinking. "Why did that idiot buy that car?"
Bought a brand new 2018 Honda I paid it off I don’t regret it, I drive everyday
Who buys a Brand New Honda?
@@ClaxtonBay123 probably someone who wants a nearly worry-free vehicle.
Personally for the price of a brand new Honda I would’ve bought an old civic and old Camry best of both worlds
@@ClaxtonBay123 me lol all my friends switching cars every other year meanwhile I’m still driving my Honda only 28K miles baby
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
I drive 120 miles round trip per day and I bought a 2014 Accord (new and paid off in cash) and I paid about $30k for it then in 2014.
4:30 my house needed a roof 3 yrs ago. I knew it was coming about two yrs prior. I ended up getting a metal roof, more upfront than shingles but wirth it long term plus having issues with ice dams that i no longer have. Oh, j also wrote almost a $12k check out of my checking account free and clear for the job
I bought Toyota for 5k cash I drive a lot and it's third year still running my car still has value of 5k on KBB
Scotty Kilmer checking in.
Corolla? Or Prius
@@princessdiana2737 2010 Matrix
Howd u buy it so low, howd u convince them
I recently bought a corolla 2013 from a dealership for amount of $10k because i just survived a car crash that i was rolled 5x on a highway, its true everything is expensive rn i dont even know how much im going to pay for my er visit and i have a health insurance
"THAT'S A LOT OF COFFFEEEEE!!" 😂😂😂
There are so many good new and used cars he could have bought for the 20k he had in cash.
I bought a 1400 dollar 2011 fiesta ,and drive it up to 6 days a week ,cheap ,reliable and fun to drive ,now that my home been paid 4 years ago ,still drive the same car and have a 92 deville as back up,missing some trim pieces ,but cranks runs and drive when need it
5:20 yep and this is exactly why I buy brand new for every 5-10 years... Once you buy new in cash you never go back!
What kind of car?
I inherited a large amount of money, however, I still scramble for the dime on the ground , but I pause at the penny
I drive a 100 mile round trip in a $3800 Honda Civic. This guy is trying to justify a $50 thousand dollar car for this commute? 😂
Maybe if it was a telsa so he could play some games on his way to and from work 😂
Dave being sarcastic at 2:10 lol
Nope
He was being serious
@@rapinncapin123wait so is he being sarcastic or serious?
@@_TwoDot
What did I say...
@@rapinncapin123 yea but I don’t know if you’re being sarcastic in saying he’s being serious or serious when saying he is being serious
@@_TwoDot
We know you can't tell. 🤣
I bought a helicopter because a girl told me I looked "fly"
He understood the assignment 😏👏🏾👏🏾👏🏾
Driving a lot is all the more reason to buy a cheap, reliable car with low cost of ownership.
Yup exactly. Driving a lot means buying a $10k car and not a $50k car.
A $52k car and $150k income in commifornia is like a $20k car and $70k income in America. If they would've asked what type of car he had, they would've seen that.
He could have spent half that amount and gotten a brand new Toyota Camry that could have easily made that 100 mile round trip 5,000 times over.
Camry Hybrid. Super nice, 50mpg, and hybrids hold their value better.
I don't think he mentioned what car he got . I am curious
At the airport, when greeting Jack ... never say "Hi Jack"
Ba dum tss....Are you happy now?
It’s insanity to buy $52K car at age 25. Spend $10K on a used Honda and Toyota, and invest the rest.
And worry about maintenance 😂
Live and learn. Hopefully this show helps more people not have to live it to learn it haha. I did the same thing 6 years ago when I was 22. Got my “big boy” job and then bought a brand new truck. Good thing some dude high on pills rear ended me and totaled me out and got me out of that truck payment and I learned my lesson and bought a 2008 Toyota that runs great and is paid off.
U got lucky also, you would not be so happy with your decision if the tranny and radiator went bad in your 150k mile 15 yr old car after 4 months and your bill was $2990. Your gamble has paid off, alot don't. Also u could be a single person who drives 5 miles to work. Would u buy that old car if you had to drive 70 miles round trip and have to take your young children around in the rust bucket. Problem with these Ramsey people and I agree 90 percent with them, their car advice is not 1 size fits all like they make it seem. A new car with peace of mind is worth 1000s to me, others maybe not
I can’t spend my safety stash either. $1000 is too lean for this girl. All the other steps I’m following.
1999 suburban 1994 ram 1500 2014 gmc van. All three run great and get me wherever I need to go. All can pull heavy trailers.
$120k a year? $800 a month is nothing!
Thats what im saying! I dont understand what is the problem, he is making 10k per month!
@@zlMinionnnn Almost every caller is rich and need advice.
In Malaysia, we have many people making around Malaysia Ringgit 60k to 90k a year but own a car with monthly installment from MYR 600 to 1200 for 9 years loan tenure. What is the big deal?
Fr these guys are just those weird nerdy type of dudes that get wet over saving money
Winners think about making more money not saving
The old wants and needs lesson... 58 now and didn't really learn this lesson till I was 29 hard to change mentality but worth it
I bought 1.000.000$ cake because I eat a lot.
@The Ramsey Show no
"Stupid is not illegal" lol
happy 420 yo! sure happy it's tuesday!
I hope if youre reading this you have a great day! Been on my grind with youtube and excited for the future for myself and everyone in this comment section
Listening to this while driving. Thanks Ken, I think I’m gonna put the phone down and reflect a little
He can keep the car, he just needs to pay it off first. Pay it off and keep the car. The value of his car is less than 50% of his take home pay. Even at the new value.
I am ill and working hard but only earn under 30k and I am working on 59000 dollars in debt. Can barely work as is. rent, bills etc are killing me. I doubt your great advice would help me. But i still love your advice and your show.
So true about car prices going up. I remember in the 90s and early 2000s when you could get a brand new Honda Accord for 13k to 15k. Honda Accord can run you 35k and up now for a new one which is insane. 30k for freaking Honda Accord is insane.
Ummm, do yourself a favor and Google "Inflation" Thank you.
Yea that was 21+ years ago believe it or not
Got my 2016 accord for 23k otd after 60k miles and almost 6!years I can sell it for 20k
Safety regulations, technology all contribute to the price.
This show has prevented me from making many bad financial decisions they giving free game
You buy throw away cars when all you do is drive.
I agree there’s no point wearing out a nice car, but I think it’s more important to be safe. Up-to-date car with hefty insurance and UMBI in case you get injured by a loser.