Never let your parents control your actions as a grown adult. Take their advice and do what you will with it. But at the end of the day it’s your life and your money.
@@honkyjesuseternal She wants a cheaper than 30k car. Like a reliable 10k car. That is very mature and sets her up for a good financial future. if she is a bit frugal and keeps the job (no one knows what the future will bring) she can pay off a home soon and can have a big emergency fund. Meaning they can fire her, the next recession can hit - and she can shrug her shoulders. Tthe parents want her to take out a 30k loan - that is about their ego and ideas. the parents most likely want their friends, family and neighbours to see that their daughter drives a nice car - as expression of her academic and professional success. She wants some REAL financial successed even if those are not visible to the outside world. If she lives in a house no one knows if it is paid off or if it belongs to the bank. She has the idea about the modest car, she just needs a little help to grow a backbone when it comes to dealing with her unreasonable parents.
@@honkyjesuseternalDave gives advice. Parents use love as a weapon to do what they say. You can take or leave Dave’s advice. Just don’t get angry you fuck up.
Her parents wanted her to be a stay at home mom? She is going on to a great career. I’m glad she is living her own life and I’m glad Dave gave her validation. Nothing wrong if someone wants to be a parent at home, but let a new adult grow her own life!
Yeah, that comment about them wanting her to be a stay-at-home mom wasn't addressed at all. Is she pregnant? Is she getting married? Did they think she was going to college to be a stay-at-home mom? Dave and Ken just let that comment slide by without a question.
@@AllynHin and usually Dave loves the stay at home mom concept. I’m glad he validated her career. Not all women just want to be dependent and a parent as their only aspiration.
@@michellemorford349 I will agree to a certain degree. I don't view a stay-at-home mom or wife to be necessarily dependent or a lesser aspiration. I think Dave likes the stay-at-home mom concept (as long as they can afford it) because he understands the importance of having a parent present to raise their kids. Family studies support this.
@@user-zu6fe9nk6u DUH! I know they do that, but it's stupid. You pay all that money for the degree and then just stay home, or worse yet, bring a ton of student loan debt into the marriage that HE now has to work to pay off. You'd be better off connecting with the college's social network to meet people and save all that money. A college dating service is a lot less expensive than paying tens of thousands (or more) dollars to find a husband, don't you think?
Take heart, Simone. I went into the military right after high school and was saving for my first car. I had approx $5K saved and my mom asked me to send it to her to pay her closing costs on a house she was in the process of buying. I told her no and she disowned me over it (for the umpteenth time) but I held my ground and am the better for it. Unfortunately, family doesn't always act in your best interest, so get emotionally independent abt that asap and you will save yourself heartache and counseling expenses in the long run.
It blew my mind how many parents I ran into when my son was enlisted, that expected their enlisted children to fund their every whim. Good job staying strong.
@@diceportz7107 I'm not surprised. You have 18 year olds who suddenly have a steady paycheck and, coupled with the wrong kind of parenting, you have parents who feel entitled to their kids' earnings. It really puts the onus on the kids to learn abt drawing healthy boundaries and being able to walk away from family if need be in particular cases.
She sounds very responsible! Very good on her. I can relate since my asian parents love to be part of our lives. But remember, they are PART of it, not it. Appreciate their love and advice, learn from their experience, but make sound decisions based on your own research!
Haha. Yeah my Chinese mom really loves to tell me what to do still. Though she never gets into my/our finance, I guess she knows that I am the responsible one lol…
It’s sad that our society is set up in this way. Most of our society infantilizes young people to such a degree and for such an extended period of time that many young people don’t actually realize that they are, indeed, adults.
Sometimes, this mindset even continues after your parents are gone. If you were raised by controlling people who taught you to always look to them for approval, it can be REALLY hard to get them out of your head and live your own life.
Mine were also abusive, I remember being married with three kids aged nearly 37 and frightened to tell them I had gotten a puppy. Ridiculous I know but I was frightened of them especially my mother, unless you have been brought up this way the feeling is hard to shake off.
Some parents get jealous that their children life is better then there's. even though its your child they reflect on their past and see how their life growing up was bad. A lot of parents are evil. mine aint, stay safe tho
Some genuinely believe that any car under $30k is at risk of breaking down and putting their baby in danger. Not all parents have sinister motives (although a surprising number do).
My parents didn't try to control me as an adult . But they trained me for obedience and it was difficult to make decisions without seeking someone's permission. It took me awhile.
This young woman has already surpassed her parents in financial acumen. Not getting a car loan is s-o-o-o important, but all they can see is the big pretty car. She understands delayed gratification, and is not trying to keep up with the Joneses. Hell, she IS the Joneses her parents are trying to keep up with. She needs to move out ASAP and she should NOT go to them for any financial advice.
Mr. Ramsey should have definitely asked more questions about her living arrangements after graduation. Not everybody gets their own apartment, but instead decide to move back with parents to save up for future house down payment. That definitely changes the dynamics of how she handles her income and still respects her parents. Also, unclear if she has student loans to pay back.
This is called Parentification. It's a very real thing. For those of us who care about our parents, in the early 20s phase, when we become adults it can be hard to phase out. Its important to establish boundaries very early!
Your a grown women that is well on her way to financial freedom. At some point, kids have to set boundaries with their parents. Until you set those boundaries they will still view you as “their child” and not an adult that can make their own decisions. The easiest way to set that boundary is to move out of their house.
That was the question I wished Mr. Ramsey had asked caller, is she moving back to her parents' house after graduation? That does make a difference in how she should approach this car situation and all other financial decisions before she moves out from their home. Mr. Ramsey's advice is okay if she is getting her own apartment upon graduation. Many college graduates WITH jobs are moving back in with parents to save up money for house down payment.
Moving out is not the easiest way to set boundaries with your parents. It's just the first step in boundary-setting that will have to be reinforced every so often as life milestones are achieved.
I remember when car loans came in. They were one-year loans. That's it. If you wanted a car loan, you could only get it for one year. Then places started offering two-year loans. I remember saying, more than once, "If you need two years to pay for a car, you can't afford that car." Nowadays, I see places offering seven- and eight-year car loans. That's just ridiculous, and part of the reason cars are so expensive now. Just like college tuition, let everyone finance it and the cost goes up to a ridiculous level.
Parents try to control kids for their entire life. Boomers cry that kids aren't self sufficient and at the same time force their kids to do dumb things and try to ruin their futures. It makes no sense. It is also really difficult to make choices as an adult when you have your parents opinions in the back of your head.
My mom tried the same thing with me, I had to tell them I appriciate all of you guys have given me to get to where I am, however, I am an adult and it’s okay for me to make decisions.
Love her questions. Wanting advice how to handle her money. Like i say to my adult daughter...this is me..you are you. Gather info and make your own decision.
Do the hard work now in your 20s. It's unfortunate that SHE has to do the break away instead of her parents letting her go but she needs to do it asap because it gets harder and harder as time goes by AND it only gets harder as the parents get older. They get less and less flexible and open to change as time goes on.
She makes enough money to make her own money decisions and potentially make a few money mistakes. I think mom and dad are thinking new maintenance free car vs potential problem car. She already seems to be making good decisions, she will be fine.
Good for this girl in choosing a career that is actually making her some real money! Her parents should be proud of how financially savy she is. She needs to set some boundaries and kindly tell them she will go her own way financially.
Her parents scare me. Be strong Simone, this will be tough for both them and yourself - but it's worth it. You need to have control over your own destiny.
Dave: "Having children who are grown is the hardest stage of parenting because you don't get to tell them what to do anymore." It was a hard lesson for me to learn that when my grown children made poor financial decisions I had to stop thinking it was my job to intervene. This young women is making a good financial decision but just as my sons put me in my place, she needs to put them in their place. My sons figured it out and are making good financial decisions now.
Parents like to compare what their children do/have with what their friends' children do/have. That's what this is about. On the other hand, make certain that the 10k dollar vehicle is a reliable one.
She needs to tell her parents that she appreciates their input on her finances, but they don’t really have a whole lot of say in her financial well-being. This is especially true since she’s doing something smart to stay out of debt. Congrats to her!
Actually, the kind respectful response is to purchase the car and to thank them for weighing in how they would handle this, but that after much thought it seemed wiser to pay cash for an older car. There's no need at all to tell anyone's parents off because actions speak louder than words.
On your parents. Listen to them and constructively think about what they say. As said you don’t need there permission and no one is right all the time.
My parents kept giving me advice when I did not want it. Finally at the age of 25, on the phone I told them that if I inquired advice, they could give it. Otherwise, they could keep quiet.
I know the feeling. I was 30 and still getting lectured by my parents about why I need a credit card despite my objections. Some people just can't let go of control and allow others to make their own decisions.
I think her option is better! 10k for a car compared to 36k for car. The interest could go up… it’s a longer ride on her. 10k can be accomplished easily especially for her. Why do you want put all your money on debt? I think she took a lot into consideration for herself, how she’s going to pay it off.
Just get a used Lexus. Like maybe from 08 or 09, they are cheaper when high mileage but high mileage doesn’t mean bad engine, it just means they run a lot when Lexus can handle that. Bring a car person with you when checking out and go from there if car is good. They are luxurious, affordable and more importantly, reliable. God bless the Japanese
once your an adult you can make your own decisions, parents should mind their own business. You dont even need their actions, that is ridiculous parents act this way
I haven’t disclosed my salary to my parents because it’s none of their business. I pay my bills to them like car insurance and phone but aside from that, I got a wedding and house to save for and not let anyone try to “Oh can you please pay for this?”
Rachel had once had her sights on an out-of-state private college, which was a non-starter for Dad. I never got a response from her when I messaged asking whether she regretted letting him strong-arm her into choosing UT instead. Her husband (who she likely met there) works for Dave's real estate operation and she's got a good career in the family enterprise but I would have admired her more if she had decided to break out on her own and become independent at 18.
They are wanting her to be a stay-at-home mom so they probably have been a full-time babysitter this whole time... But I guess now is the best time to start making better decisions
I’m a history teacher and it is well known and documented that Henry ford extended credit to his employees so they can buy his cars in payments. He knew that his employees were the best FREE advertising. Ford hated debt for himself but not for his employees 😊
Go find Scotty Kilmer’s RUclips page and study up on reliable used cars to buy with cash. Work up to a ‘bigger’ car as you have that job longer and a place to call home. Now if you are living at M/D place and they are still bank rolling your extras in life this is a different conversation and you need to completely be on your own and not thump your chest in between your hand out.
That is New York! Taxes are insane and cost of living high. The 100k could easily be equivalent to 50k in other states. But Inlike how she thinks. No debt, good money stewardship.
My brother finally got the loaded truck of his dreams and he was thinking chicks are going to dig this! Then he noticed all the old guys that checked him out. 😝😆🤣
Dave’s Tesla argument: “I don’t want a smart phone. I have a computer at home and want to hear the sound of the printer when I print the directions from Mapquest”
@@interceptingfist5682 I have a diesel powered Jeep CJ. I say that to convey that I'm a bit of a "car enthusiast", which also involves my interest in Tesla's and the transition to safer, (and more powerful) cars.
Good for her but she shouldn't trash her parents for wanting her to be a stay at home wife. The career thing is a farce. It either robs you of children or robs you of time with your children
Add; if you choose to be an auto mechanic, electrician, plumber or carpenter, do it. I was convinced to attend a 4 year college and never made the same money with that degree. Some are not made to sit behind a desk.
I just realized at 40, if you are not careful, family will always try to control you because they refuse to see you as an adult. I went thru the same thing with family 2 times. The last semester of grad school, they were calling telling me to get a Lexus or Mercedes after graduation. I had found dave by then and I found myself trying to convince them. They wont listen. Then I realized, I am a adult, I make my own money pay my own bills. I graduated sold my old car. Added some money and bought a $6000 car cash without involving them. They were pissed 😂😂😂😂 and still pissed years after
I’ve been on my own since I was 18 and my wife’s parents were a little controlling, I just didn’t get it. But I respected them very much, and loved them that was the only issue I had with the situation. Her dad always wanted us to buy new cars “cause they were reliable”. I was young and followed his advice but now I’m totally against debt cause it seems like all I did was work to pay bills. Now I’m keeping my cars and just paying to get them fixed. I’m even questioning my mortgage at this point. Don’t get me started on credit cards. I want to be free not in debt to banks. This girl is smart and her generation probably realize they don’t want to be in debt. He did buy both our kids the college fund investments so thanks Bill! And don’t get me started on college loans…
Took me a while to learn to say no. Trust me it’s hard, the relationship will forever change. You’ll still get snarky remarks, you’ll still get “family is everything” and they will blame whoever gave you that advice. But ultimately. Most freeing thing in the world once you get past the anxiety of getting the that first no. 😂😂😂
Good for you Simone. Start investing. Don't go into debt. Save money and buy a car cash. I bought a new car as. My first car and I saved the money to buy it cash. I bought a Chevrolet Cavalier and drove it to the ground. Whatever you decide to buy get the car checked out first by a mechanic you trust. Your dad might be able to help out there. You need something reliable that won't break down on you. I suggest that you save up your money and buy something new, something that is reliable and won't break down on you because a young girl like you has to think about safety first. The last thing you need is to break down on the side of the road late at night. I am a Millionaire living in Canada. I bought my first car new, but I saved cash to do it. It does not have to he expensive. Your first car should be something new that won't break down and has warranty. My last piece of advice is don't buy extended warranty. If you take care of your car with regular maintenance and regular oil changes it will last way beyond the extended warranty, so don't waste your money on extended warranty, but save up your money for something new and reliable because your safety comes first. One more piece of advice do not buy an electrical car. I have heard horror stories in the news about cars breaking down and dealerships do not even agree with what the problem is. You could end up with a Nick metal brick that will go nowhere.
You could actually hear the click of her light bulb moment after Dave said "you're an adult and stuff". Yes, it totally is an obedience/respect thing going on.
I hope Simone remembers she’s an adult and doesn’t let herself be forced into debt. Because its sounding like the parents want to live that $100k lifestyle.
Does she live at home? There's other things she's not telling us. As an asian, a lot of adults still live with their parents, its an asian thing (that I DO NOT AGREE WITH), but when they live at home, they normally do not help pay bills. Again, asian thing. So we need more info.... parents house, their rules, just saying.
Not paying bills? That's one type of asian family, the one's whose parents are financially stable. On the other hand, alot of Asian parents treat their kids like retirement plans, sometimes thats where the money control comes in.
Yes, parents' house, parents' rules, but that doesn't mean she has to spend her money or take on debt on their say-so. Parents' house, parents' rules means, you might have a curfew, you might have chores to do, and you might have restrictions on who can come to the house and be in your room. It doesn't mean your parents get to run your life for you.
Working hard and being smart only prepare you to be ready for opportunity. “Blessings” come when the opportunity presents itself and you can siege them. Opportunity is beyond one’s control and usually in someone else’s to present.
Never let your parents control your actions as a grown adult. Take their advice and do what you will with it. But at the end of the day it’s your life and your money.
Just let Dave control your actions? You little boy?
Yup!
@@honkyjesuseternal She wants a cheaper than 30k car. Like a reliable 10k car. That is very mature and sets her up for a good financial future. if she is a bit frugal and keeps the job (no one knows what the future will bring) she can pay off a home soon and can have a big emergency fund. Meaning they can fire her, the next recession can hit - and she can shrug her shoulders.
Tthe parents want her to take out a 30k loan - that is about their ego and ideas. the parents most likely want their friends, family and neighbours to see that their daughter drives a nice car - as expression of her academic and professional success. She wants some REAL financial successed even if those are not visible to the outside world. If she lives in a house no one knows if it is paid off or if it belongs to the bank.
She has the idea about the modest car, she just needs a little help to grow a backbone when it comes to dealing with her unreasonable parents.
@@honkyjesuseternalDave gives advice. Parents use love as a weapon to do what they say.
You can take or leave Dave’s advice. Just don’t get angry you fuck up.
Her parents wanted her to be a stay at home mom?
She is going on to a great career.
I’m glad she is living her own life and I’m glad Dave gave her validation.
Nothing wrong if someone wants to be a parent at home, but let a new adult grow her own life!
Yeah, that comment about them wanting her to be a stay-at-home mom wasn't addressed at all. Is she pregnant? Is she getting married? Did they think she was going to college to be a stay-at-home mom? Dave and Ken just let that comment slide by without a question.
@@AllynHin and usually Dave loves the stay at home mom concept.
I’m glad he validated her career.
Not all women just want to be dependent and a parent as their only aspiration.
@@michellemorford349 I will agree to a certain degree. I don't view a stay-at-home mom or wife to be necessarily dependent or a lesser aspiration. I think Dave likes the stay-at-home mom concept (as long as they can afford it) because he understands the importance of having a parent present to raise their kids. Family studies support this.
@@user-zu6fe9nk6u DUH! I know they do that, but it's stupid. You pay all that money for the degree and then just stay home, or worse yet, bring a ton of student loan debt into the marriage that HE now has to work to pay off. You'd be better off connecting with the college's social network to meet people and save all that money. A college dating service is a lot less expensive than paying tens of thousands (or more) dollars to find a husband, don't you think?
She can still do that later if she wants, but earn some money for awhile at least.
Take heart, Simone. I went into the military right after high school and was saving for my first car. I had approx $5K saved and my mom asked me to send it to her to pay her closing costs on a house she was in the process of buying. I told her no and she disowned me over it (for the umpteenth time) but I held my ground and am the better for it. Unfortunately, family doesn't always act in your best interest, so get emotionally independent abt that asap and you will save yourself heartache and counseling expenses in the long run.
It blew my mind how many parents I ran into when my son was enlisted, that expected their enlisted children to fund their every whim. Good job staying strong.
@@diceportz7107 I'm not surprised. You have 18 year olds who suddenly have a steady paycheck and, coupled with the wrong kind of parenting, you have parents who feel entitled to their kids' earnings. It really puts the onus on the kids to learn abt drawing healthy boundaries and being able to walk away from family if need be in particular cases.
Right on
@@diceportz7107 Some parents asked their children for their financial aid benefits
How did she think was going to work? Give me money or Ill go away and never ask you for money again?
She sounds very responsible! Very good on her. I can relate since my asian parents love to be part of our lives. But remember, they are PART of it, not it. Appreciate their love and advice, learn from their experience, but make sound decisions based on your own research!
Haha. Yeah my Chinese mom really loves to tell me what to do still. Though she never gets into my/our finance, I guess she knows that I am the responsible one lol…
You can hear her light up when Dave says, "It's like you're an adult and stuff." What a great realization.
It’s sad that our society is set up in this way. Most of our society infantilizes young people to such a degree and for such an extended period of time that many young people don’t actually realize that they are, indeed, adults.
I knew she was going to say "Computer Science" when she said $10K signing bonus. You go, girl!
Simp
Sometimes, this mindset even continues after your parents are gone. If you were raised by controlling people who taught you to always look to them for approval, it can be REALLY hard to get them out of your head and live your own life.
Mine were also abusive, I remember being married with three kids aged nearly 37 and frightened to tell them I had gotten a puppy. Ridiculous I know but I was frightened of them especially my mother, unless you have been brought up this way the feeling is hard to shake off.
I'm seriously confused by these parents that WANT their kids to go into debt.
Some parents get jealous that their children life is better then there's. even though its your child they reflect on their past and see how their life growing up was bad. A lot of parents are evil. mine aint, stay safe tho
If she drives a used car, they think it makes the family look bad.
They probably have a "keeping up with the Joneses" mentality and can't understand why someone would choose to live below their means.
Sometimes their intentions are good, but they are not likely financial experts. Do the research and educate yourself.
Some genuinely believe that any car under $30k is at risk of breaking down and putting their baby in danger. Not all parents have sinister motives (although a surprising number do).
Perfect advice. I'm 48 and my parents still try to tell me what to do, buy, travel destinations, etc.
43 and same!
Wow my mum never butted in and neither do i as my adult childrens mum
44 same. My 99 year old grandmother tells my mom what to do. It's absolute gibberish but they're all very insistent
I’m 44. I respect my parent’s advice, but if I want to go a different direction than they tell me, I do it.
I am in my 60s, trust me, it will never stop. You can only move away, I did, to get some peace.
Sometimes family gives the worst financial advice. Smh at those parents!
My parents didn't try to control me as an adult . But they trained me for obedience and it was difficult to make decisions without seeking someone's permission. It took me awhile.
Good for you 😊
This young woman has already surpassed her parents in financial acumen. Not getting a car loan is s-o-o-o important, but all they can see is the big pretty car. She understands delayed gratification, and is not trying to keep up with the Joneses. Hell, she IS the Joneses her parents are trying to keep up with.
She needs to move out ASAP and she should NOT go to them for any financial advice.
Tell parents that the doctor cut the umbilical cord at birth in a respectable way 👍
Meaning what? She’s on her own at birth?
@@teeduck meaning they cant control her. Shes free to move and go as she pleases
Does she still live at home? Does she have any debt?? Dave, those are the questions, I thought, you would have asked her. Jeeeezzzzzz
Mr. Ramsey should have definitely asked more questions about her living arrangements after graduation. Not everybody gets their own apartment, but instead decide to move back with parents to save up for future house down payment. That definitely changes the dynamics of how she handles her income and still respects her parents. Also, unclear if she has student loans to pay back.
This is called Parentification. It's a very real thing. For those of us who care about our parents, in the early 20s phase, when we become adults it can be hard to phase out. Its important to establish boundaries very early!
Your a grown women that is well on her way to financial freedom. At some point, kids have to set boundaries with their parents. Until you set those boundaries they will still view you as “their child” and not an adult that can make their own decisions. The easiest way to set that boundary is to move out of their house.
Spot on 💯
That was the question I wished Mr. Ramsey had asked caller, is she moving back to her parents' house after graduation? That does make a difference in how she should approach this car situation and all other financial decisions before she moves out from their home. Mr. Ramsey's advice is okay if she is getting her own apartment upon graduation. Many college graduates WITH jobs are moving back in with parents to save up money for house down payment.
Moving out is not the easiest way to set boundaries with your parents. It's just the first step in boundary-setting that will have to be reinforced every so often as life milestones are achieved.
She’s a grown woman who talks like a 12-year-old.
"You're like an adult and stuff." 💯💯💯
Roll out, lady!
Don't let parents control your money. I know it's difficult. But it's the best thing to do.
Simone, tell your parents that you are now an adult and that while you respect them, you will be living your own life as you see fit.
I remember when car loans came in. They were one-year loans. That's it. If you wanted a car loan, you could only get it for one year. Then places started offering two-year loans. I remember saying, more than once, "If you need two years to pay for a car, you can't afford that car." Nowadays, I see places offering seven- and eight-year car loans. That's just ridiculous, and part of the reason cars are so expensive now. Just like college tuition, let everyone finance it and the cost goes up to a ridiculous level.
Dave said “… you’re like an adult & stuff.” I love it 😻
Parents try to control kids for their entire life. Boomers cry that kids aren't self sufficient and at the same time force their kids to do dumb things and try to ruin their futures. It makes no sense. It is also really difficult to make choices as an adult when you have your parents opinions in the back of your head.
Shake them off.
💯
My mom tried the same thing with me, I had to tell them I appriciate all of you guys have given me to get to where I am, however, I am an adult and it’s okay for me to make decisions.
Love her questions. Wanting advice how to handle her money. Like i say to my adult daughter...this is me..you are you. Gather info and make your own decision.
Do the hard work now in your 20s. It's unfortunate that SHE has to do the break away instead of her parents letting her go but she needs to do it asap because it gets harder and harder as time goes by AND it only gets harder as the parents get older. They get less and less flexible and open to change as time goes on.
She makes enough money to make her own money decisions and potentially make a few money mistakes. I think mom and dad are thinking new maintenance free car vs potential problem car. She already seems to be making good decisions, she will be fine.
Good for this girl in choosing a career that is actually making her some real money! Her parents should be proud of how financially savy she is. She needs to set some boundaries and kindly tell them she will go her own way financially.
Her parents scare me. Be strong Simone, this will be tough for both them and yourself - but it's worth it. You need to have control over your own destiny.
Some parents can’t accept their offspring to tell them the word “no”. If so then use the word “no” even more.
I have never told my my kids what they want to do. I have always told them what kind of person they need to be.
These younger generations killing it! Kudos 👏
I love the "You're like an Adult and stuff" Hahahhaa
I would resign as parent if I was dumb enough to "advise" my kid to acquire debt for no good reason
You are an adult! Run your life! Keep your money, private!
Meh, this ain’t nothing. Try having Korean parents. They believe they own their adult children: Lock Stock and Barrell
Your like an adult and stuff😆
Dave: "Having children who are grown is the hardest stage of parenting because you don't get to tell them what to do anymore."
It was a hard lesson for me to learn that when my grown children made poor financial decisions I had to stop thinking it was my job to intervene. This young women is making a good financial decision but just as my sons put me in my place, she needs to put them in their place. My sons figured it out and are making good financial decisions now.
Parents like to compare what their children do/have with what their friends' children do/have. That's what this is about. On the other hand, make certain that the 10k dollar vehicle is a reliable one.
Parents need to understand adults are not children. This is why parents are cut off.
She needs to tell her parents that she appreciates their input on her finances, but they don’t really have a whole lot of say in her financial well-being. This is especially true since she’s doing something smart to stay out of debt. Congrats to her!
Actually, the kind respectful response is to purchase the car and to thank them for weighing in how they would handle this, but that after much thought it seemed wiser to pay cash for an older car. There's no need at all to tell anyone's parents off because actions speak louder than words.
Poor baby, she doesn’t want to hurt her parents’ feelings. I pray everything works out for her ❤️
Her parents want bragging rights. Oh my kid has a fancy car, nice job, nice place, etc. to tell people that don't really matter in the first place.
On your parents. Listen to them and constructively think about what they say. As said you don’t need there permission and no one is right all the time.
My parents kept giving me advice when I did not want it. Finally at the age of 25, on the phone I told them that if I inquired advice, they could give it. Otherwise, they could keep quiet.
I know the feeling. I was 30 and still getting lectured by my parents about why I need a credit card despite my objections. Some people just can't let go of control and allow others to make their own decisions.
Thank u for sharing Dave she just has to get used to being an adult.
Tell the parents: "I'm an adult and now it's time for you to let me make my own decisions. My money, my choice."
And then hold your breath until they cave in.
I like what Dave said, "I appreciate your input" and just go get the 10K car.
Her parents weren't born here I bet
Caller sounds like she's about 12 but has a good head on her shoulders... Very confusing. Hope she's doing super awesomely.
Sounds like a little kid
Stop talking to the parents about financial decisions. Especially when they’re wrong. Cut the cord
I think her option is better! 10k for a car compared to 36k for car. The interest could go up… it’s a longer ride on her. 10k can be accomplished easily especially for her. Why do you want put all your money on debt? I think she took a lot into consideration for herself, how she’s going to pay it off.
Interest does not go up on a car loan. And yes she should not buy it anyway.
Dave, you are wrong about Tesla… you would love a Model S Plaid.
Just get a used Lexus. Like maybe from 08 or 09, they are cheaper when high mileage but high mileage doesn’t mean bad engine, it just means they run a lot when Lexus can handle that. Bring a car person with you when checking out and go from there if car is good. They are luxurious, affordable and more importantly, reliable. God bless the Japanese
Why are you letting them? They can't do anything unless you let them!!
Crazy tell mom & daddy to stop butting into your life
It's tough because you want to make your parents proud but you have to be your own person too.
once your an adult you can make your own decisions, parents should mind their own business. You dont even need their actions, that is ridiculous parents act this way
Buying a Tesla when you can buy a Mercedes-Benz is just plain stupid.. Teslas are a fad and are very bad vehicles..
At least you don't have my parents, I have to have permission to walk out the door of the house and I am 34...
great advice from Ramsey, they cant tell you what to do anymore
I haven’t disclosed my salary to my parents because it’s none of their business. I pay my bills to them like car insurance and phone but aside from that, I got a wedding and house to save for and not let anyone try to “Oh can you please pay for this?”
Congratulations to Rachel for ordering her Tesla. I'm pretty sure she's in a place where she can afford it. I approve, even if Dad doesn't.
Rachel had once had her sights on an out-of-state private college, which was a non-starter for Dad. I never got a response from her when I messaged asking whether she regretted letting him strong-arm her into choosing UT instead. Her husband (who she likely met there) works for Dave's real estate operation and she's got a good career in the family enterprise but I would have admired her more if she had decided to break out on her own and become independent at 18.
Whole point of raising kids is so they can go & be adults. Successfully
That’s right … TESLAS are the now and future .. Dave will buy one when he sits inside Rachel’s
I’m curious if the parents financed her college and that’s why they feel entitled to continued input.
They are wanting her to be a stay-at-home mom so they probably have been a full-time babysitter this whole time... But I guess now is the best time to start making better decisions
I’m a history teacher and it is well known and documented that Henry ford extended credit to his employees so they can buy his cars in payments. He knew that his employees were the best FREE advertising. Ford hated debt for himself but not for his employees 😊
Go to work just to work to pay the car. 😮😢
The parents want to see the neighbours driving their daughter the new expensive car.
Is she 12?
Go find Scotty Kilmer’s RUclips page and study up on reliable used cars to buy with cash. Work up to a ‘bigger’ car as you have that job longer and a place to call home. Now if you are living at M/D place and they are still bank rolling your extras in life this is a different conversation and you need to completely be on your own and not thump your chest in between your hand out.
Stand your ground and keep your head up
That is New York! Taxes are insane and cost of living high. The 100k could easily be equivalent to 50k in other states. But Inlike how she thinks. No debt, good money stewardship.
My brother finally got the loaded truck of his dreams and he was thinking chicks are going to dig this! Then he noticed all the old guys that checked him out. 😝😆🤣
Man, that is 100% truth!. Same thing happened to me when I got my truck 😂
Different cultures have different beliefs. So it's hard to tell them to mind there own business.
"you're like...an adult and stuff" 😹😹😹
Buying more Tesla stock
Dave’s Tesla argument:
“I don’t want a smart phone. I have a computer at home and want to hear the sound of the printer when I print the directions from Mapquest”
Not close to the same thing. Being a car enthusiast is a thing
You gotta admit it's a good analogy though, enthusiasts aside.
@@interceptingfist5682 I have a diesel powered Jeep CJ. I say that to convey that I'm a bit of a "car enthusiast", which also involves my interest in Tesla's and the transition to safer, (and more powerful) cars.
I first read the title of this video and I started thinking it’s called MOVE out of your parents house immediately.
Good for her but she shouldn't trash her parents for wanting her to be a stay at home wife. The career thing is a farce. It either robs you of children or robs you of time with your children
Having a stay at home parent is so good for children, but it seems like she does not have any children right now and may not even be married yet.
Add; if you choose to be an auto mechanic, electrician, plumber or carpenter, do it. I was convinced to attend a 4 year college and never made the same money with that degree. Some are not made to sit behind a desk.
What companies start entry level computer science grads at $100K???
A company where everything is already built. Unless she has multiple internships with real programming experience she's not worth 100k.
$100k is on the lower end for software engineers. She must be in lower cost area.
@@Originalman144 jealous much lmao how you gonna tell someone what they are worth. God don’t like ugly
Umm...I am making six figures they have no say at unless they are making even more and I need advice.
This lady sounds like she can easily be influenced to do things other people want . She needs to tough it up a little
I just realized at 40, if you are not careful, family will always try to control you because they refuse to see you as an adult. I went thru the same thing with family 2 times. The last semester of grad school, they were calling telling me to get a Lexus or Mercedes after graduation. I had found dave by then and I found myself trying to convince them. They wont listen. Then I realized, I am a adult, I make my own money pay my own bills. I graduated sold my old car. Added some money and bought a $6000 car cash without involving them. They were pissed 😂😂😂😂 and still pissed years after
I’ve been on my own since I was 18 and my wife’s parents were a little controlling, I just didn’t get it. But I respected them very much, and loved them that was the only issue I had with the situation. Her dad always wanted us to buy new cars “cause they were reliable”. I was young and followed his advice but now I’m totally against debt cause it seems like all I did was work to pay bills. Now I’m keeping my cars and just paying to get them fixed. I’m even questioning my mortgage at this point. Don’t get me started on credit cards. I want to be free not in debt to banks. This girl is smart and her generation probably realize they don’t want to be in debt. He did buy both our kids the college fund investments so thanks Bill! And don’t get me started on college loans…
Took me a while to learn to say no. Trust me it’s hard, the relationship will forever change.
You’ll still get snarky remarks, you’ll still get “family is everything” and they will blame whoever gave you that advice.
But ultimately. Most freeing thing in the world once you get past the anxiety of getting the that first no. 😂😂😂
Love Dave Ramsey and Ken Coleman’s advices
Good for you Simone. Start investing. Don't go into debt. Save money and buy a car cash. I bought a new car as. My first car and I saved the money to buy it cash. I bought a Chevrolet Cavalier and drove it to the ground. Whatever you decide to buy get the car checked out first by a mechanic you trust. Your dad might be able to help out there. You need something reliable that won't break down on you. I suggest that you save up your money and buy something new, something that is reliable and won't break down on you because a young girl like you has to think about safety first. The last thing you need is to break down on the side of the road late at night. I am a Millionaire living in Canada. I bought my first car new, but I saved cash to do it. It does not have to he expensive. Your first car should be something new that won't break down and has warranty. My last piece of advice is don't buy extended warranty. If you take care of your car with regular maintenance and regular oil changes it will last way beyond the extended warranty, so don't waste your money on extended warranty, but save up your money for something new and reliable because your safety comes first. One more piece of advice do not buy an electrical car. I have heard horror stories in the news about cars breaking down and dealerships do not even agree with what the problem is. You could end up with a Nick metal brick that will go nowhere.
"Your like an adult and stuff"-this is great 👍 👌 👏 😀 😄 🙌 the more you know 🙌
You could actually hear the click of her light bulb moment after Dave said "you're an adult and stuff".
Yes, it totally is an obedience/respect thing going on.
Lolololo shots fired at tesla owners
I hope Simone remembers she’s an adult and doesn’t let herself be forced into debt. Because its sounding like the parents want to live that $100k lifestyle.
Get a used Chevy impala, mine hasn’t ever been in the shop except for it needed a new fuel filter
Anyone else think most of these calls are fake?
"I'm going to be making a lot of money and I don't know what to do."
Uh, what?
Dave will eventually come around the Tesla decision lol. But love this video, I wish I could've seen this years ago
Maybe she should get some voice lessons and learn to talk like an adult. This may sound mean, but voices matter.
When you turn 18 your parents don’t have a say in your life and they don’t have to support you either.
Does she live at home? There's other things she's not telling us. As an asian, a lot of adults still live with their parents, its an asian thing (that I DO NOT AGREE WITH), but when they live at home, they normally do not help pay bills. Again, asian thing.
So we need more info.... parents house, their rules, just saying.
Of course she should obey the house rules if that is the case, but not in regards to how she spends her money.
Not paying bills? That's one type of asian family, the one's whose parents are financially stable. On the other hand, alot of Asian parents treat their kids like retirement plans, sometimes thats where the money control comes in.
Yes, parents' house, parents' rules, but that doesn't mean she has to spend her money or take on debt on their say-so. Parents' house, parents' rules means, you might have a curfew, you might have chores to do, and you might have restrictions on who can come to the house and be in your room. It doesn't mean your parents get to run your life for you.
Am I the only person who loves electric and gasoline vehicles or devices or tools
You aren’t “blessed” this wasn’t god, you worked hard and studied for it. You’re SMART and HARD WORKING
That’s what God is
Blessed implies it was luck or out of her control. It wasn’t luck. It was hard work.
Working hard and being smart only prepare you to be ready for opportunity. “Blessings” come when the opportunity presents itself and you can siege them. Opportunity is beyond one’s control and usually in someone else’s to present.
Time to read and implement the book boundaries!!