I am from South Africa. I have been listening to Dave for the last 3 years. When I started I was so uneducated in regards to how to work with money. My parents are good with money, but never taught me how. I have never had a credit card, but paid stupid tax due to caring for 3 kids (one being my ex) I was trying to budget with my ex but never could due to him being lazy and me financially taking care of him as he didn't want to work. Now that I broke it off I am a single mother, work my ass off with 5 jobs as he barely provides for his kids. But I don't need him, and this show has proved to me that if you put your mind to it you can do anything. I have tripled my salary in 4 months.
I started to listening to Dave in November of 2023. In the last 3 months paid 10k toward my debt. I even got my husband to pay off his car and it was like pulling teeth because he likes to spend, but he did it! I paid my car off as well. I still have a ways to go but by next December I should have everything paid besides one student loan and our home. And I won’t be stopping! ❤
Bahahaha ! "Sharon has the pain threshold of a Navy Seal. . .I have a hangnail and I'm on the floor screaming like a baby"! ! ! Oh just LOVE this Dear Soul Mr. Ramsay !
Dave, thanks for being honest with people who are mingling their money with a boyfriend/girlfriend. People need to hear & be reminded how stupid it is!
What does fiance mean now? It seems it simply means a long-term relationship. Fiance in the past used to mean someone asked another person to marry him or her and then a date was set for a wedding. How can you be a fiance(e) for YEARS?
fiancé suppose to be only for a year before marriage, meaning you asked the question and you got a yes. Otherwise is just someone you live with like a roommate but you have sex with
@MsValiG depends on the generation. One could be engaged...or betrothed...for years. From the middle.ages u til around the 1950s. Your definition really only applies since Vietnam. That said, ADULTS engaging into a marriage agreement (engaged) don't NEED more than a year to plan a wedding. My 22 yr husband and I did it in 2 weeks. We are weird.
Yep, life can go wrong very quickly. You can get hired, and 6 months later get laid-off. If you take out a car note, you still owe the note, even though you have no income comeing in. This is why you need to pay for cars with cash.
I am from the Philippines and I truly appreciate the straightforward answers. Filipinos need to watch your videos and understand the importance of being debt-free to achieve a happy life.
@@Midwest10 For those employed, they have social security where employers contribute more than EE share. For those in business, we can voluntarily contribute for our pension. Helping family needs to have a limit too. We need to break the cycle.
Samuel - do NOT start supporting your parents at only 60+ years old. Help them with a budget. They could start depending on your for many more years. Connect them with social services and find out if there is help out there for their utility bills. Also, if they own a home, check into whether or not there is real estate forgiveness for part or all of their real estate taxes for people with modest or low incomes. Investigate the various services available by checking that out through AARP which has help for anyone over 50. There is help, but it should not be them depending on you. Very bad habit to start.
That is all bull. There is not an unending amount of services out there for people. The only people that qualify are the poorest of the poor, and even those people don't qualify for much. And the AARP is a freaking joke. They aren't good for anything other than selling a useless subscription.
take it from a older person who bought a condo thinking it would be less expensive than a house - DO NOT do it. the hoa fees I'm now paying, which go up every single year, has now made my payments more than a home payment would have been!
II Corinthians 4:18 - While we do not look at the things which are seen, but at the things which are not seen. For the things which are seen are temporary, but the things which are not seen are eternal.
Do a trust, I did and it was worth the peace of mind to protect our assets from future spouses of my children. Our homes are in trust and they are paid off. If the kids live there and the spouse leaves, the spouse can not take one dime of the property. That is how I arranged it, and my eldest child is the executor because my youngest is disabled. That protects both my kids from the inlaws taking everything.
im definitely showing up for this free live stream. My wife and i are both on a saving binge for our first home and i been on a binge spree for Ramsey and even purchased his book total money make over. shes been hearing me preach and wants to join in on the free live stream. Im super excited for it..
To the tech kids in Seattle, be careful.. never say your income will continue to increase. Lots of layoffs coming and AI. Kind of surprised you don’t know that from your career. My rates are way down as self employed tech.
Gift with contingencies is not a gift its a verbal contract that if you break the person will never let you live down. If you wish to bless someone with a gift thats absolutely wonderful but if youre going to judge how said gift is spent than dont bother.
For the dental question too I’m pretty sure they have to do extraction and fill or screw and let that heal for at least 3 months first and most likely unless just put under it would be multiple visits over time for sides of mouth per extractions. Doesn’t seem like it’s have to put 10k down immediately either.
George and the other co-hosts handle being interrupted and talked over so well. Dave always has great advice, but whats the point in a cohost if you never let them finish a sentence or offer their perspectives? And the rare times when they do he counters with "no, but..." I love all the ramsey shows, but I absolutely hate hearing people get interrupted so consistently. It annoys me it has to annoy them.
Paid for a tooth implant last year. There are all kinds of things that must happen in addition to the implant…anesthesia, extraction, etc…with bad dental insurance our part was about $5500. Got a couple of quotes and this one was best!!
54:26 adding to what the caller said, I think where it gets a little confusing is that people talk about budgeting percentages to your needs, wants, saving, giving, w.e, but then they’ll never add a percentage to paying taxes. For example most budgeting experts say 50% on needs, does the needs category include your taxes? If that’s the case you’re left with what 25 of your gross pay for food housing transport. I’ve noticed this disconnect too.
It came to my attention after a few years in the USA. The income number in my head is 1.5 times my actual income. The price tag on things is 90% of the actual price (10% sales tax) - 75% ( restaurant). This is psychologically very misleading.
@@flashthecorgi2053 Ahhhh…Slightly different demographic as well then. 😃I truly appreciate that show the few times I have watched it. Rachel and George probably get more younger folks to hear their message just by making it fun and relatable as they do. I loved when they had Sharon Ramsey on. She’s so charming and genuine.
@@BeeDee-qs9sowell, I'm "older," and SMHH is one of my favorite podcast/CZcams shows. I personally think it transcends all age groups. Rachel and George are so much fun.
Flash, I'm so excited for it! My library has it on order, and I'm 17th in line on 4 books. Can't wait!❤️❤️ Even though I'm BS7, I don't buy books, but use my trusty library card.
$30K for the kids and worried that I entitled kids will suddenly become entitled…do like Dave says. If they aren’t already entitled you have nothing to worry about. Just be a parent about it and remind them “we know you aren’t entitled jerks and we aren’t giving this because you’re entitled to it. You work hard and you do good in the world, and we know this won’t go to your head. We are giving this because we love you and that’s all there is to it.” There are other solutions too, like hold the cash in a money market until they find the house and their offer is accepted and then tell them you’re helping them to increase their down payment, or wait til the house is bought and then tell the kids you want to make a lump sum payment towards the mortgage (after the prepayment penalty period).
Dental implants are so expensive, but if you travel outside of the country they have so many more options and so much less expensive!!! Also you get a vacation
It becomes very obvious that the caller is either brand new or absolutely not paying attention when they include their credit score in the call, nobody cares what your credit score is here!
You guys talk about PMI being really expensive but my PMI on a $192,000 house was $14.28 per month when I put 10%. Why is there such a big different from what others are paying for this?
Go for an FHA loan if you do not have good credit or a conventional loan if you do not have good credit. If you have good credit, you can refinance you how down to a minimal level - as low as $350.00 per month. Employment? The federal law behind employment is Wrongful Termination; Refusal to commit an illegal act, discrimination between race, sex, and in some states - sexual orientation (such as being heterosexual with a family).
Dave Ramsey has worked hard in life, but that doesn't mean he wasn't born into a rich family, and that he didn't have wealthy real estate developer parents. It is rare that he would ever mention this.
Some real wealthy people today. Helpful if you're looking for this kind of advice and you're not in the early steps. 0:47 family on baby step 7, needs some advanced financial planning help 11:20 should we buy a new house (with a loan) and use our current one (not paid off) as an investment property? 16:08 should we be investing differently?
Really, people who have such a solid financial situation have to call into the Ramsey show asking how much they can spend? I think they could figure that out from another source besides a show that is really geared to helping people with lower incomes and financial problems.
I call it the “Attaboy Syndrome,” which is an opportunity to receive a pat on the back while humblebragging. I am sorry to be so cynical because there’s nothing wrong with needing or asking for validation….but yeah 😂
@@BeeDee-qs9so Partly, but the vast majority of the people listening have no clue who these people are. I would bet that people who listen to people they know probably don't even know who they are. Although the caller's perception could be exactly what you said. lol
@@zachjones2346 This is true…but the other thing is, who else are they going to tell? They’re not likely to go to their next family gathering and say “Oh Hey folks, I just want to remind you that both Susie and I are making 200,000 a year each with many more financial increases to come; are completely debt-free, and feel very torn as to how many different ways we could spend it. Aside from that, how are you guys?”🤔🤓
Before I make my biggest complaint and Ive been holding this back for a couple of years now, I love this show and all the advice that Ramsey and his experts give on financial advice. It has helped my wife and I start our debt free journey. Anyways here it is. I have started skipping pass the already successful people that call in for advice. Thats a waste of airtime. Specifically, Sarah and her husband that's 24 making $400k a year working in "tech" in Seattle, WA which is probably for Google or Microsoft. That woman doesn't need to be on the show, she's needs to hire a personal financial advisor. She obviously already successful and has no debt. She literally called to ask where and how much she spend her fortunes. That type of stuff just discourages people with REAL problems. I hear and watch several Sarahs on here like every other show. Help the people that need help not the ones wanting more knowledge on how to be even more successful. Then again, it's not my show so what do I know. Rant over.
That sounds a little jealous and curmudgeon: this show is for everyone at every stage of their money journey. More money, more problems. We all need wisdom, especially as our wealth grows. It’s a lot wisely steward. Sarah deserves a spot on the show too.
Why use gross example: Walmart lets you move up to 100% of your income into stock. People use it to control tax flow. So they would have 1 spouse take pay, and the other spend it all on tax-free stock purchase so they could limit taxes each year. Saying you ger a $60 take home on 50k a year is just not accurate
45:00 how does Dave know that the people with dental questions actually went out in the marketplace and got a better price? Did they write or call him back? If so, we never heard about it. I personally don't think Dave knows beans about the cost of extensive dental work. Now, I am all for getting more than one bid or action plan on treatment.
People have no idea of reality of trying to buy a house when you have to rely not only on credit scores, but the banks want you to have a loaded ratio, 2 years in the same job and that means no car payments no student loans no credit cards. I make 100K by myself, and all my credit cards and Loans are in good standing and doesn't make any difference until I pay all my debt off. And I talked to the underwriter face-to-face
45:15 pro tip dental implants are 10k per tooth in the USA. At least what I’ve found in California. You can fly business class to the Philippines for 5k round trip and get the implants done for about $1500 per tooth. You can get similar prices in Mexico as well. I’m also in a situation where I need teeth eventually and I need to cash flow them myself.
@@pamsmith1665 everything was in the Trust. 25% to each kid (the 2 of us and her 2 kids) if anything were to happen to both at the same time. If one dies first, the surviving spouse (her) would be left everything and then passed to the kids when she dies. She changed it because it wasn’t irrevocable to exclude me and my brother. She remarried about 18 months after my Dad passed and sent me a wedding invitation on Father’s Day. Just to give you an idea of what kind of person she is.
I’m gonna have to push back on the new stepmom situation. And maybe I’m totally off base. I’ve seen where a kid is raised in a single parent home, mom is struggling to make ends meet and can’t be as present with that child, just trying to keep a roof over their head. Then the father goes off and lives the single life, making money hand over fist, and the mom struggles to get child support from him for years on end. That kid grew up without a dad and a stressed out mom, while he gets married several times to women who just wanted his money. He basically squandered his wealth on other women. I don’t think that’s moral. I don’t think it’s right. That child and their children, should be the moral responsibility. A good man leaves an inheritance to his children’s children.
Every woman CHOOSES the man with whom she makes a child. Women need to stop choosing losers and then using their single-womanhood as a reason for everything else and blaming men. Character is always evident - take a good hard look at the person and his or her reactions in all situations and then realize THAT is what you will get. Don't get married to someone and hope to change that person - and, for heaven's sake, don't make children with a loser! A fun romp in the hay can end up costing hundreds of thousands of dollars and enough misery to go around. The kids are the ones who suffer.
@@Trustbutverify2651 I don’t disagree. Though the situation I observed wasnt a one night stand. It was almost a decade of marriage. I can understand if that kid who’s now grown, thinks it’s immoral for that father to have essentially squandered his retirement and wealth on women rather than leaving anything to that child and grandchildren.
@@PCKA1987 No one owes anything to their children. OTOH, no parent should expect a child to support him or her. Each person earns his or her own money and if parents want to spend all their money on themselves, well it's THEIR money to do with what they want to. But their children's memories of them might suffer.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
25k would get a family of 4 a 2 week holiday in Thailand and 10 implants at the best private dental hospital in Bangkok. Dental tourism. Well worth exploring.
I've heard Dave quote the bible saying "A good man leaves his children's children an inheritance" yet he goes off on this random tangent about how he doesn't care what his kids get, he'd take care of a "new wife". I have a feeling this is his true feelings, not the biblical quotes he throws around.
There are a lot of American dentists in Mexico that speak. English And work for a lot less make a probably gonna vacation and all new teeth for when to fifty thousand.😮😅
Colombia, but otherwise your idea is great. They can easily stay there for 1-2 months to make sure he gets appropriate post surgery care and it'll still be a fraction of the simply abusive cost in North America.
Go right into Mexico below Arizona. The dental care is state of the art. American owned and way cheaper than in the states. Border towns have great access to cheaper dental care
Why should u leave things for ur new wife and not ur grown kids?You say they are adults and can care for themselves well so can she . I’d rather leave my stuff to my kid than a step parent.
Because a grown person who has earned his or her own money gets to spend his or her own money on whatever he or she wants to. The kids can also earn THEIR own money and then do with it what they want to. No parent owes money to a grown child, now an adult.
@@Telhasteeze Nope. Married to the same husband for 52 years - but our kids know that our money is OUR money. We earned it and we can decide how to use it (which does include us being very generous with our families while we are still alive.) But we have paid for them to have a good education and now it is up to them to go out and provide for their families. Neither of them are depending on us to leave them money as they know just how much it costs older folks to live if they live a long time.
The guy who called in was a blended family it’s cool if u plan to leave ur things to the state do u Dave mentioned on his show yesterday that he will be leaving everything to his kids and creating that generational wealth
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $120,000 ahead of retirement in May.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor " Linda Sue Baier"
This year i have decided that i will work with a professional advisor, because i have people doing very well and making huge monthly and weekly with the help of their adviser. And one has mentioned about Linda Sue Baier to me before and now i'm fully convinced that she is among the best.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
I really enjoying listening to Dave and his no nonsense viewpoint on consumer debt. I disagree with him bringing in politics. It makes me angrier that he says his crazy political views. 1) the Fauci pandemic was a pandemic. Did we handle right? Really hard to say, but Trump made things worse but spreading false beliefs. 2) everyone is leaving California viewpoint. Yes tax suck there and cost a living is high too. But great weather, high pay makes it very enticing for anyone to move there. Yes, people might be selling their homes, but new people are also buying the homes and they are not left empty. Dave please, I employ you, stop with your political viewpoints, I don’t give a shit about your view points and it actually mightbmake me stop listening to your ridiculous nonsense!
I hope he never stops calling out Fauci for all the unnecessary harm he caused on this country. As far as CA is concerned - 818,000 people left between 2021-2022 which left CA with a net migration loss of 342,000 people. California is facing a $68 billion deficit now because much of those who left were business owners and higher income earners i.e. most of their tax base. What Dave says is true and as long as the same clowns who run that state keep getting re-elected this trend will continue. I personally wish more of them would stay in CA because a ton of them are moving to my beautiful state and are starting to ruin it.
I'm in the same area as the lady who called about dental implants, I had them done over 10 years ago though and went to many surgeons. I had to have all my teeth surgically removed and replaced will full mouth implants due to my crohns and the cheapest was just over $50,000.00 10 + years ago.
I just had two, 6000 each. The new thing is a dentist who prepares and another office for the actual implant, so the low level dentist and the "expert". They come up with things to extract more money from one person
I looked at my bank account, I have enough money for the rest of my life...
... if I die next Tuesday. 😂😂😂
I am from South Africa. I have been listening to Dave for the last 3 years. When I started I was so uneducated in regards to how to work with money. My parents are good with money, but never taught me how. I have never had a credit card, but paid stupid tax due to caring for 3 kids (one being my ex) I was trying to budget with my ex but never could due to him being lazy and me financially taking care of him as he didn't want to work. Now that I broke it off I am a single mother, work my ass off with 5 jobs as he barely provides for his kids. But I don't need him, and this show has proved to me that if you put your mind to it you can do anything. I have tripled my salary in 4 months.
I started to listening to Dave in November of 2023. In the last 3 months paid 10k toward my debt. I even got my husband to pay off his car and it was like pulling teeth because he likes to spend, but he did it! I paid my car off as well. I still have a ways to go but by next December I should have everything paid besides one student loan and our home. And I won’t be stopping! ❤
GO GET IT! Way to go!!!!!!!!!!!
Good for you! Keep working hard!
Bahahaha ! "Sharon has the pain threshold of a Navy Seal. . .I have a hangnail and I'm on the floor screaming like a baby"! ! ! Oh just LOVE this Dear Soul Mr. Ramsay !
😂😂
Yessss to Dave getting another opinion on the $10-50k necessary dental work
I listen to this in the background when I’m doing my biweekly budget.
Good for you! It’s always good to be reminded that watching your money carefully is a great thing to do!
Dave, thanks for being honest with people who are mingling their money with a boyfriend/girlfriend. People need to hear & be reminded how stupid it is!
What does fiance mean now? It seems it simply means a long-term relationship. Fiance in the past used to mean someone asked another person to marry him or her and then a date was set for a wedding. How can you be a fiance(e) for YEARS?
And also the meaning of "single" has changed. It used to mean not married. Now people say it to mean not in a relationship.
fiancé suppose to be only for a year before marriage, meaning you asked the question and you got a yes. Otherwise is just someone you live with like a roommate but you have sex with
@MsValiG depends on the generation. One could be engaged...or betrothed...for years. From the middle.ages u til around the 1950s. Your definition really only applies since Vietnam. That said, ADULTS engaging into a marriage agreement (engaged) don't NEED more than a year to plan a wedding.
My 22 yr husband and I did it in 2 weeks. We are weird.
Yep, life can go wrong very quickly. You can get hired, and 6 months later get laid-off.
If you take out a car note, you still owe the note, even though you have no income comeing in.
This is why you need to pay for cars with cash.
And learn to spell
@@pamsmith1665😂
@@pamsmith1665Grow up.
I am from the Philippines and I truly appreciate the straightforward answers. Filipinos need to watch your videos and understand the importance of being debt-free to achieve a happy life.
I’m from El Nido. They don’t have pensions social security or welfare. Helping family is a must
@@Midwest10 For those employed, they have social security where employers contribute more than EE share. For those in business, we can voluntarily contribute for our pension. Helping family needs to have a limit too. We need to break the cycle.
@@lyncheng2022 90% of families here do not earn over $500 a month nor have any retirement. I’m married to one.
So many people would benefit from watching these videos!
Jesus loves when you talk about being generous ❤
I listen to Dave ramsey while I work out
Samuel - do NOT start supporting your parents at only 60+ years old. Help them with a budget. They could start depending on your for many more years. Connect them with social services and find out if there is help out there for their utility bills. Also, if they own a home, check into whether or not there is real estate forgiveness for part or all of their real estate taxes for people with modest or low incomes. Investigate the various services available by checking that out through AARP which has help for anyone over 50. There is help, but it should not be them depending on you. Very bad habit to start.
That is all bull. There is not an unending amount of services out there for people. The only people that qualify are the poorest of the poor, and even those people don't qualify for much. And the AARP is a freaking joke. They aren't good for anything other than selling a useless subscription.
💯
❤❤❤❤❤❤❤❤❤❤❤❤⁰⁰00❤❤❤⁰⁰😊😊😊😂❤
I hit EDM status before 30 because of Dave Ramsey. Started listening at age 22, took less than 8 years.
What's EDM?
take it from a older person who bought a condo thinking it would be less expensive than a house - DO NOT do it. the hoa fees I'm now paying, which go up every single year, has now made my payments more than a home payment would have been!
Read the fine print. Always buy in area where you can easily sell. Maybe sell your condo?
II Corinthians 4:18 - While we do not look at the things which are seen, but at the things which are not seen. For the things which are seen are temporary, but the things which are not seen are eternal.
Do a trust, I did and it was worth the peace of mind to protect our assets from future spouses of my children. Our homes are in trust and they are paid off. If the kids live there and the spouse leaves, the spouse can not take one dime of the property. That is how I arranged it, and my eldest child is the executor because my youngest is disabled. That protects both my kids from the inlaws taking everything.
im definitely showing up for this free live stream. My wife and i are both on a saving binge for our first home and i been on a binge spree for Ramsey and even purchased his book total money make over. shes been hearing me preach and wants to join in on the free live stream. Im super excited for it..
The Charles sleeping on a queen bed always cracks me up 😂 haha George. Too funny. Ongoing joke from Smart Money Happy Hour 😜
This is the Ramsey show.
Where debt is dumb, cash is king, and the payed off home mortgage has taken the place of the BMW as the status symbol of choice!
@@PM-xd6nv Damn right
@@PM-xd6nv: paid
❤
Bring back the original opening! I paid off my house partly because of it!😅
Gerry Rafferty opening the show always gets me excited!
I just signed up for a free session, thanks to Dave!!
I didn't know you could perform surgery on a rocket. Dave mentioned it three times today. That's my learn something new today.
To the tech kids in Seattle, be careful.. never say your income will continue to increase. Lots of layoffs coming and AI. Kind of surprised you don’t know that from your career. My rates are way down as self employed tech.
Sir how much do you earn now? Plz reply. Thanks a lot.
They are in their early 20’s. They haven’t experienced the harshness of life yet.
Gift with contingencies is not a gift its a verbal contract that if you break the person will never let you live down. If you wish to bless someone with a gift thats absolutely wonderful but if youre going to judge how said gift is spent than dont bother.
For the dental question too I’m pretty sure they have to do extraction and fill or screw and let that heal for at least 3 months first and most likely unless just put under it would be multiple visits over time for sides of mouth per extractions. Doesn’t seem like it’s have to put 10k down immediately either.
Good stuff! Great way to start the new year off right.
George and the other co-hosts handle being interrupted and talked over so well. Dave always has great advice, but whats the point in a cohost if you never let them finish a sentence or offer their perspectives? And the rare times when they do he counters with "no, but..."
I love all the ramsey shows, but I absolutely hate hearing people get interrupted so consistently. It annoys me it has to annoy them.
Paid for a tooth implant last year. There are all kinds of things that must happen in addition to the implant…anesthesia, extraction, etc…with bad dental insurance our part was about $5500. Got a couple of quotes and this one was best!!
2 Best hosts 🎉
A lot of respect earned for the Dave Wottle shoutout. Very few would know who that is out of context. Even fewer would know his childhood home town!
Just because someone says their job is in "eduation' does not mean they are a teacher or are even qualified at tutoring.
Could be the janitor
54:26 adding to what the caller said, I think where it gets a little confusing is that people talk about budgeting percentages to your needs, wants, saving, giving, w.e, but then they’ll never add a percentage to paying taxes. For example most budgeting experts say 50% on needs, does the needs category include your taxes? If that’s the case you’re left with what 25 of your gross pay for food housing transport. I’ve noticed this disconnect too.
It came to my attention after a few years in the USA. The income number in my head is 1.5 times my actual income. The price tag on things is 90% of the actual price (10% sales tax) - 75% ( restaurant). This is psychologically very misleading.
Love the story about “Chuck and the lonely duck”. How sweet!!!!
So excited for George’s new book! He’s so wise, funny, snarky, and intelligent. I know this book will be so great!
I never think of him as snarky but I sure agree with the rest of it!
@@BeeDee-qs9so do you watch him on smart money happy hour? When he’s drinking, the snark comes out! 🤣
@@flashthecorgi2053 Ahhhh…Slightly different demographic as well then. 😃I truly appreciate that show the few times I have watched it. Rachel and George probably get more younger folks to hear their message just by making it fun and relatable as they do. I loved when they had Sharon Ramsey on. She’s so charming and genuine.
@@BeeDee-qs9sowell, I'm "older," and SMHH is one of my favorite podcast/CZcams shows. I personally think it transcends all age groups. Rachel and George are so much fun.
Flash, I'm so excited for it! My library has it on order, and I'm 17th in line on 4 books. Can't wait!❤️❤️ Even though I'm BS7, I don't buy books, but use my trusty library card.
Amazing show 👌🏼
1:50:35 I never heard George say Dummy like that😂
$30K for the kids and worried that I entitled kids will suddenly become entitled…do like Dave says. If they aren’t already entitled you have nothing to worry about. Just be a parent about it and remind them “we know you aren’t entitled jerks and we aren’t giving this because you’re entitled to it. You work hard and you do good in the world, and we know this won’t go to your head. We are giving this because we love you and that’s all there is to it.”
There are other solutions too, like hold the cash in a money market until they find the house and their offer is accepted and then tell them you’re helping them to increase their down payment, or wait til the house is bought and then tell the kids you want to make a lump sum payment towards the mortgage (after the prepayment penalty period).
“I have no debt”….” Except my (insert debt here)”…why do people say they have no debt and then explain the debt they have?
Because they don't think of it as debt - they think of it as lifestyle or necessities (like car loans are necessities for working.)
Watching from Csikszentmihaly and learning economics, we live in a different world here on a small fragment of that money
Can we have a show, or special episode just for combining families? I’m here for it, and I’m sure many more are too.
Dental implants are so expensive, but if you travel outside of the country they have so many more options and so much less expensive!!! Also you get a vacation
I love the idea that dave looks out for the wife❤❤❤
We are getting migration from same states to MEXICO. It's wild!
Greetings from Queretaro, Mexico
My question is on investing. Is there an investing firm that you recommend and trust?
It becomes very obvious that the caller is either brand new or absolutely not paying attention when they include their credit score in the call, nobody cares what your credit score is here!
1:36:20 Dave subtlety trying to keep California out of his state.
Californians have plenty of options for taking our money to! Tennessee isn't high on
the list.
I wish I could pay a monthly membership to have no ads, just calls
Go to Southern Arizona near the border. Great dentist there perform similar dental procedures for a fraction of that.
💯 I live in AZ. It’s Algadones for very responsible, inexpensive work. 🦷🪥
Looking forward to Dave potentially featuring my email!
You guys talk about PMI being really expensive but my PMI on a $192,000 house was $14.28 per month when I put 10%. Why is there such a big different from what others are paying for this?
27:90
Go for an FHA loan if you do not have good credit or a conventional loan if you do not have good credit. If you have good credit, you can refinance you how down to a minimal level - as low as $350.00 per month. Employment? The federal law behind employment is Wrongful Termination; Refusal to commit an illegal act, discrimination between race, sex, and in some states - sexual orientation (such as being heterosexual with a family).
I thought Dave was a car guy Bowling Green, Kentucky is home of the Corvette🏁
1:35:00 Dave trying to keep Californians to go to Tennessee lol
Not a Christian attitude - he should read the teachings of Jesus.
Dave Ramsey has worked hard in life, but that doesn't mean he wasn't born into a rich family, and that he didn't have wealthy real estate developer parents. It is rare that he would ever mention this.
You can give someone a 'life estate' in the property so it will go to her current husband until he dies, then it will go to her kid.
Some real wealthy people today. Helpful if you're looking for this kind of advice and you're not in the early steps.
0:47 family on baby step 7, needs some advanced financial planning help
11:20 should we buy a new house (with a loan) and use our current one (not paid off) as an investment property?
16:08 should we be investing differently?
PMI is not $75 on every 100k, mine was $90 on a 350k house that I went through churchill mortgage to get
I think it depends largely on the borrower's credit score and perhaps DTI ratio.
Maybe state related? It’s $75/100k in wa state
Really, people who have such a solid financial situation have to call into the Ramsey show asking how much they can spend? I think they could figure that out from another source besides a show that is really geared to helping people with lower incomes and financial problems.
I call it the “Attaboy Syndrome,” which is an opportunity to receive a pat on the back while humblebragging. I am sorry to be so cynical because there’s nothing wrong with needing or asking for validation….but yeah 😂
@@BeeDee-qs9so Partly, but the vast majority of the people listening have no clue who these people are. I would bet that people who listen to people they know probably don't even know who they are. Although the caller's perception could be exactly what you said. lol
@@zachjones2346 This is true…but the other thing is, who else are they going to tell? They’re not likely to go to their next family gathering and say “Oh Hey folks, I just want to remind you that both Susie and I are making 200,000 a year each with many more financial increases to come; are completely debt-free, and feel very torn as to how many different ways we could spend it. Aside from that, how are you guys?”🤔🤓
Thank you I basically commented the same thing.
I googled "young dave ramsey". Just curious. I love the show so much that my husband's had enough.
George is still very impressed by Charles' queen sized bed... bet he's gonna get one for his daughter 🤣
Before I make my biggest complaint and Ive been holding this back for a couple of years now, I love this show and all the advice that Ramsey and his experts give on financial advice. It has helped my wife and I start our debt free journey. Anyways here it is. I have started skipping pass the already successful people that call in for advice. Thats a waste of airtime. Specifically, Sarah and her husband that's 24 making $400k a year working in "tech" in Seattle, WA which is probably for Google or Microsoft. That woman doesn't need to be on the show, she's needs to hire a personal financial advisor. She obviously already successful and has no debt. She literally called to ask where and how much she spend her fortunes. That type of stuff just discourages people with REAL problems. I hear and watch several Sarahs on here like every other show. Help the people that need help not the ones wanting more knowledge on how to be even more successful. Then again, it's not my show so what do I know. Rant over.
I think people need to have an idea what's on the other side.
i agree where are all the broke people making 30k or less?
That sounds a little jealous and curmudgeon: this show is for everyone at every stage of their money journey. More money, more problems. We all need wisdom, especially as our wealth grows. It’s a lot wisely steward. Sarah deserves a spot on the show too.
@@jfilliaplays broke people make all kinds of money, you can do terrible and make 150.
@@laszlobauer5274 makes sense
Why use gross example: Walmart lets you move up to 100% of your income into stock. People use it to control tax flow. So they would have 1 spouse take pay, and the other spend it all on tax-free stock purchase so they could limit taxes each year. Saying you ger a $60 take home on 50k a year is just not accurate
Dental insurance? Even our dentist offers dental insurance for $350 a year. It won't cover 100% of the work, but it might take the edge off.
Sure will. Insurance just paid 50% of some very expensive bridge work I had done and saved me $3,700!
When are you on so I can call in in the future? I’m trying to figure out how to retire without having a spouse and a house to help finance it.
2 pm to 5 pm weekdays eastern time
see really high number of commercials that interrupts the show make it impossible to watch on UTune!
45:00 how does Dave know that the people with dental questions actually went out in the marketplace and got a better price? Did they write or call him back? If so, we never heard about it. I personally don't think Dave knows beans about the cost of extensive dental work. Now, I am all for getting more than one bid or action plan on treatment.
How would Dave know. You think he pays his own bills? I heard Dave Ramsey is worth one half billion dollars. That’s 500 million dollars !
Dave has been helping people for 30+ years. This ain’t his first rodeo. He’s right you can shop around. 🦷🪥
People have no idea of reality of trying to buy a house when you have to rely not only on credit scores, but the banks want you to have a loaded ratio, 2 years in the same job and that means no car payments no student loans no credit cards. I make 100K by myself, and all my credit cards and Loans are in good standing and doesn't make any difference until I pay all my debt off. And I talked to the underwriter face-to-face
What is a loaded ratio?
oops, I was talking to my phone ...I mean debt to income ratio @@DoctorSmartyPants
@@DoctorSmartyPantsdebt to income ratio
It's sounds like you like debt...where is all your money going, to the bank or cc company?
45:15 pro tip dental implants are 10k per tooth in the USA. At least what I’ve found in California.
You can fly business class to the Philippines for 5k round trip and get the implants done for about $1500 per tooth.
You can get similar prices in Mexico as well.
I’m also in a situation where I need teeth eventually and I need to cash flow them myself.
My step mom made a new trust after my Dad passed and left my brother and me out of it. It was revocable so there was nothing I could do.
How does that happen? Your dad didn't have a will?
Your Dad had a lousy lawyer. That's too bad he re-married a selfish greedy woman.
@@pamsmith1665 everything was in the Trust. 25% to each kid (the 2 of us and her 2 kids) if anything were to happen to both at the same time. If one dies first, the surviving spouse (her) would be left everything and then passed to the kids when she dies. She changed it because it wasn’t irrevocable to exclude me and my brother. She remarried about 18 months after my Dad passed and sent me a wedding invitation on Father’s Day. Just to give you an idea of what kind of person she is.
I’m gonna have to push back on the new stepmom situation. And maybe I’m totally off base. I’ve seen where a kid is raised in a single parent home, mom is struggling to make ends meet and can’t be as present with that child, just trying to keep a roof over their head. Then the father goes off and lives the single life, making money hand over fist, and the mom struggles to get child support from him for years on end. That kid grew up without a dad and a stressed out mom, while he gets married several times to women who just wanted his money. He basically squandered his wealth on other women. I don’t think that’s moral. I don’t think it’s right. That child and their children, should be the moral responsibility.
A good man leaves an inheritance to his children’s children.
Every woman CHOOSES the man with whom she makes a child. Women need to stop choosing losers and then using their single-womanhood as a reason for everything else and blaming men. Character is always evident - take a good hard look at the person and his or her reactions in all situations and then realize THAT is what you will get. Don't get married to someone and hope to change that person - and, for heaven's sake, don't make children with a loser! A fun romp in the hay can end up costing hundreds of thousands of dollars and enough misery to go around. The kids are the ones who suffer.
@@Trustbutverify2651 I don’t disagree. Though the situation I observed wasnt a one night stand. It was almost a decade of marriage. I can understand if that kid who’s now grown, thinks it’s immoral for that father to have essentially squandered his retirement and wealth on women rather than leaving anything to that child and grandchildren.
@@PCKA1987 No one owes anything to their children. OTOH, no parent should expect a child to support him or her. Each person earns his or her own money and if parents want to spend all their money on themselves, well it's THEIR money to do with what they want to. But their children's memories of them might suffer.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
Get and stay debt free.
25k would get a family of 4 a 2 week holiday in Thailand and 10 implants at the best private dental hospital in Bangkok. Dental tourism. Well worth exploring.
Dave looks like the type of guy who wears a lot of Cologne
30:10 that doesn’t align with leaving money to future generations
❤️🔥❤️🔥❤️🔥
1:16:00 every show there seems to be several female callers blaming a male for their own lack of accountability.
❄️❄️❄️❄️❄️
I've heard Dave quote the bible saying "A good man leaves his children's children an inheritance" yet he goes off on this random tangent about how he doesn't care what his kids get, he'd take care of a "new wife". I have a feeling this is his true feelings, not the biblical quotes he throws around.
There are a lot of American dentists in Mexico that speak. English
And work for a lot less make a probably gonna vacation and all new teeth for when to fifty thousand.😮😅
First caller is ridiculous! He could have used common sense for his question.
George said dummy. 😮
I don’t understand his real estate advice. There are billionaires that do real estate and they financed a lot when they were starting out.
I would not sell anything, he should give his home to his children or sell it and give the money to the children or invest it.
Jenny, take your husband to Turkey or Columbia for veneers. It'll be much cheaper.
Colombia, but otherwise your idea is great. They can easily stay there for 1-2 months to make sure he gets appropriate post surgery care and it'll still be a fraction of the simply abusive cost in North America.
Great idea. Fly to a third world country for and aesthetic treatment and if the veneers are chipping during warranty, fly back for a new set.
Go right into Mexico below Arizona. The dental care is state of the art. American owned and way cheaper than in the states. Border towns have great access to cheaper dental care
Wasn't it implants? Much different than veneers. Vicki
@@richardeidemiller6739 any work dental, plastic or whatever is cheaper in the other countries.
I wonder does multi millionaire people watch the Ramsey show 🤔
Why should u leave things for ur new wife and not ur grown kids?You say they are adults and can care for themselves well so can she . I’d rather leave my stuff to my kid than a step parent.
Because a grown person who has earned his or her own money gets to spend his or her own money on whatever he or she wants to. The kids can also earn THEIR own money and then do with it what they want to. No parent owes money to a grown child, now an adult.
@@Telhasteeze Nope. Married to the same husband for 52 years - but our kids know that our money is OUR money. We earned it and we can decide how to use it (which does include us being very generous with our families while we are still alive.) But we have paid for them to have a good education and now it is up to them to go out and provide for their families. Neither of them are depending on us to leave them money as they know just how much it costs older folks to live if they live a long time.
The guy who called in was a blended family it’s cool if u plan to leave ur things to the state do u Dave mentioned on his show yesterday that he will be leaving everything to his kids and creating that generational wealth
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $120,000 ahead of retirement in May.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor " Linda Sue Baier"
This year i have decided that i will work with a professional advisor, because i have people doing very well and making huge monthly and weekly with the help of their adviser. And one has mentioned about Linda Sue Baier to me before and now i'm fully convinced that she is among the best.
Hearing Linda Sue Baier name here just confirmed to know that good job pays without advertising with money on media.
My expectation for 2024 is that markets starts to broaden out more, with the rates cut i have a couple of questions....can I safely invest $220k in the markets? What should I do differently?
52?? She sounded late 20’s
Did Dave just suggest wanting healthcare is entitled behavior? Yikes.
I can't think of 1 good reason that anyone would move to Tennessee. Visit it and report back to me.
I really enjoying listening to Dave and his no nonsense viewpoint on consumer debt. I disagree with him bringing in politics. It makes me angrier that he says his crazy political views. 1) the Fauci pandemic was a pandemic. Did we handle right? Really hard to say, but Trump made things worse but spreading false beliefs. 2) everyone is leaving California viewpoint. Yes tax suck there and cost a living is high too. But great weather, high pay makes it very enticing for anyone to move there. Yes, people might be selling their homes, but new people are also buying the homes and they are not left empty. Dave please, I employ you, stop with your political viewpoints, I don’t give a shit about your view points and it actually mightbmake me stop listening to your ridiculous nonsense!
You did manage to fit-in a slam to Trump...nothing on Biden though.
I hope he never stops calling out Fauci for all the unnecessary harm he caused on this country. As far as CA is concerned - 818,000 people left between 2021-2022 which left CA with a net migration loss of 342,000 people. California is facing a $68 billion deficit now because much of those who left were business owners and higher income earners i.e. most of their tax base. What Dave says is true and as long as the same clowns who run that state keep getting re-elected this trend will continue. I personally wish more of them would stay in CA because a ton of them are moving to my beautiful state and are starting to ruin it.
I'm in the same area as the lady who called about dental implants, I had them done over 10 years ago though and went to many surgeons. I had to have all my teeth surgically removed and replaced will full mouth implants due to my crohns and the cheapest was just over $50,000.00 10 + years ago.
I just had two, 6000 each. The new thing is a dentist who prepares and another office for the actual implant, so the low level dentist and the "expert". They come up with things to extract more money from one person
@@MsValiG does insurance cover this?
nope @@DoctorSmartyPants