Normal in America Sucks - Don't Be Normal! | January 16, 2024
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- čas přidán 15. 01. 2024
- The Ramsey Show (January 16, 2024)
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Started financial peace university last month and today we paid off our first credit card!
that’s awesome. congratulations!
Congratulations, hope you keep the snowball rolling!
Great job, keep it up 🎉
Woohoo!!🎉 Congratulations! Hope you continue to knock it all out! That’s for sharing, it’s motivating!
YAY YAY YAY!!!!!!!!!!!!!!!!! Keep on going!!!!!!!!!!!!!!! You guys TOTALLY got this!!!!!!!!!!!!
I believe God wanted me to see your podcast, I'm on CZcams often but haven't come across you but praying for Financial guidance and 4 weeks ago there your show was, such a sign. I started Financial peace university 3 weeks ago, I'm using Every Dollar and watching your show every day. I've paid off 5700 in CC so far. THANK YOU TO YOU ALL who want the best for people by sharing your great wisdom. I CAN'T WAIT to see how my life changes in the next 16 months.
George looks so elated in the beginning knowing that Dave was about to praise him for book launch day. I’m so happy for him!
Right!! He looks like a little kid on Christmas morning!
He deserves it too. Glad to see him getting the recognition he deserves 👍
The guy that bought the house with his fiancé, she used you brotha. Show no mercy. She does not care. Plain and simple. Get a lawyer no matter what she says. It needs to be handled lawfully. Good luck
I’m 25, haven’t finished a book ever since high school. Just finished Breaking Free From Broke, boy was it great to finally finish a book and actually enjoy it! Thanks George for the good read!
Im 35. Do everything Dave says. Compound interest bro.
@@rockymountainfacet5958 yes. That’s the plan… currently on baby step 2.
What book are you reading next?
@@LordBass I’m going to read Dave’s Money Make Over. Can’t believe I never read it. Lol
@@cheenoulee7455I’m 32 and part of the every day millionaire tribe. I just finished “Baby Steps Millionaires”, I think it’s Dave’s best book. Read that after “Total Money Makeover”.
Congratulations on making amazing life choices. You will be an everyday millionaire sooner than you think. I’ve been following the Ramsey lifestyle since I was 22.
“I’m just like get off my lawn and that’s it!” 😂😂 Love you Dave as a gen-zer
Thank you Dave & George for your work helping others. I gave away 2 Total Money Makeover books today. I buy 4-5 at a time and pay it forward. I paid off my house last year and love it. I am 46 years old and love both of your wisdom. Keep it going! Thank you Lord. I love my life. The American Dream is alive and well. 👍
Absolutely! The media is shoving the idea that it’s dead. I paid my house off as a single mother. I love hearing this. ❤🇺🇸
@mmp495 I hope this is me in the furture. Im going to have my first (most likely only) baby as a single mother. So one day I hope to buy us a home.
Paid off $38,000 in credit cards and a $6,500 personal loan. Now working on paying off a $5,800 line of credit balance. Then I'll be debt free aside from my Mortgage. Thanks to discovering The Dave Ramsey Show!
Hi Dave. I'm starting my 2 month old onto listening to your shows.
I asked if he wanted Dave's daily dose as I call it. And he smiled.
We love your show.
Maybe the first baby Baby-Stepper? Stack that piggybank! Think of the compounding interest by the time he’s in preschool! 🩵
😂 That baby will be a winner!
Somebody's gonna be a millionaire at 20 😅
Babies first words will be Cash is king. Lol
We did this with our now 5 year old! “Dave” was his 3rd word. He’s now doing chores, helping around the house & investing into his Roth with birthday money. Do the plan!! ❤❤❤
To the guy going in the navy getting a big enlistment bonus please put that money somewhere you cannot touch it until your initial enlistment commitment is up. If you are injured or something happens that the navy gets rid of you before the enlistment is up your on the hook for the entire amount of the bonus they'll garnish your military wages until your processed off base and then they have your account numbers and will continue to take it until the entire enlistment bonus is paid back
I’m so glad my parents didn’t have enough money to send us 5 children to college.
Thank goodness we were taught “ no one gives you anything for free.”
We were taught to work hard and make our own way.
I went from being a janitor since age 6( we used to clean a restaurant in the mornings before school .We ate breakfast there.
Gradually my daddy with only an 8th grade education worked at Oscar Meyers for 8 yrs and cleared parking lots in the winter time so my momma could be a stay at home mom!
Eventually they started a tree removal business and did very well.
All of us 5 children have built our own businesses and are doing very well.
My husband and I own a carpet cleaning company , family run for 35 yrs now .
Ready to pass it on to our son n law and daughter.
No suckers here Dave🙂 5:26
Love this! Great job!!! 😊
What a wonderful story. Beautiful tribute to your entire family.
Hey, if you love hard times .. you're more than welcome donate your house to and trade places with any Millennial. Remember, Boomers had it easy.
@@mangodiet801 She’s not celebrating hard times, she’s celebrating hard work.
Plenty of stuff is free. Maybe that’s part of a problem people have. They don’t look for it because they been told all their life it doesn’t exist.
George is definitely the best student of Ramsey, the most prepared 🎉congratulations.
If you are going into debt to be a teacher, stop. Reconsider your life choices. I did that, then there was a global shutdown.
Yay love love when it’s Dave. Congratulations George!
A barndominum is not an actual barn. It is simply a steel building that is made into a typical home.
So psyched for George’s book!!!! Love his work! His show with Rachel is my new favorite show. The mocktails are great - love that they are hit or miss - the misses are pure comedy! The good ones I try out. Cheers!
People come to America and live three generations deep in a house. They take advantage of government loans and help each other build businesses. These kind of people are living the American dream. This idea of rugged individualism has contributed to the success and fall of America. This idea of spending a majority of your income on rent is silly. The young man who called could live with his parents and save for a real nice down payment in a few years. Living with your parents does not alway equal some dude smoking pot and playing video games in moms basement.
I’ve really enjoyed listening to George’s book today!!
Episode starts 10:15
It’s a shame education is so underpaid that you get scolded for going into the field.
Yet they constantly cite teachers as being among the top five in “millionaire” status…which is generally the case in my observation too. But yes, a bit confusing.
I have no idea what Quinn was going on about. I am a teacher in Ontario and after years of experience, teachers make over 100k/year.
@CanadianEhh93 its probably because they are referring to american teachers. Or their pov for teachers is American teachers... they dont get paid nearly enough. Even if they've been doing it for years.
I agree! I am getting my teaching certification and it is my true passion. I am happy to do the job, but the pay on increases by 25k throughout a full 30 year career. Makes me sad
@@hermitabby no, Quinn was a caller from Ontario.
I’m LOVING the Dave Rant/Recap at the end there! ❤
I'm so excited for my library to get George's book in, as I have it on hold. As a responsible BS7er, I'm saving my extra dollars for retirement. I'm not "breaking free from broke," I've already broken free. Glad George and the entire RS team can help so many people.
To the guy building the barndominum: I bet there's a lovely woman out there who would love your drive, creativity, and alternative life style of creating a home on your family property. I want to do something similar. Those barns are COOL. Spacious with lofts! It could be a sweet little starter home, debt free, to cash flow a dream home right next to it. That is more attractive than debt, than a man wanting to be normal, valuing his ego over anything else. Im surprised dave isn't more into alternative lifestyles like that. That's a unique way to fight the system and be weird.
I didn't take it that Dave isn't into alternative lifestyles like that, but more he was being cautionary that not all women would want that kind of adventure. He says similar things to single people buying a house...that the new spouse may not want to live there. In this case, because it's on family land, I think Dave was concerned that Dake would be that much more invested in his dream. I think it's a great dream, and if he finds someone who doesn't share that dream, well, Dake can tell her adios and find someone who does like the barndo dream.
That could later be a place to host (and charge fees) for weddings, receptions, birthday or anniversary parties. The apartment could be bnb etc. I think they are beautiful!! 😊
My thoughts if she doesn''t like it he should keep looking
I didn't agree with Dave's take on this one lol maybe he was just splurging words. Why would you marry someone who isn't in alignment with your lifestyle and values?
Right?! I think it would be so cool to live in one of those.
George’s book arrived on the 16th as promised. Great read. Good job, George!
Ordered the book Saturday night. Can't wait.
Dave Ramsey for President! 😅
I had to leave the job i have had the longest in my life when we moved and it was so hard, however i know if we ever moved back (which we wont) they would take me back in a heartbeat
Never go back to an employer you left, because you left for a reason.
I totally disagree with Dave on the choice to merge finances when you have child from a previous relationship whose father deceased. My uncle and aunt go divorced , they had two kids together. My aunt was a home maker my uncle worked and purchased the family home, they had two daughters, they divorced and my uncle put the family home in his ex wives name. She wound up remarrying a dirtbag, he moved in, my aunt got cancer, her daughter took care of her in her dying days, he kicked both daughters out of the home after her death,they were 19 and 20 and he sold the family home and kept the profits, leaving my cousins penniless
Dang....
Congratulations George🎉🎉. Got my copy today in the mail.
I don't like when people prefice their not smart money decisions due to lack of someone teaching them about money. Like they don't own their mistakes. Many people weren't and manage to not make dumb money moves. Quinn is an example why I stopped my PhD program because there was no ROI when I finished. Why pay 100 k for a degree and get into debt for a job your making 40k? Give me 100k and I'll give you 40 back.
I can't believe how this generation of women, especially black women, have hair and nails as their ultimate #1 priority. What an extravagance for anyone living on a budget!
Black women do it to feel attractive in a country that has European beauty standards. In other words they are insecure. Some white families have expectation of families to help them out which is crazy to me. They also spend a lot of money on unnecessary vacations as well. It's not just black women who have their priorities backwards hon.
I'd like to pick up the books but I'm in the "no unnecessary spending" phase.
Your local library might have them.
I love your name! That’s my daughter’s first name. We’ve never seen anyone else with it. 🎉 🙂
Making $182k with a PhD and doesn’t feel responsible to pay back his student loans…
And does PSLF include graduate and doctorate degrees? Good grief…
PSLF includes any federal loans.
$182K is combined household income - dude has his head in the clouds....
Yes, PSLF is for all federal student loans regardless of the degree program
@@matashamWell that sucks. We, the taxpayers, are paying for professional students…who knows how long he sat in a PhD program. Then he gets his degree, get a 100k+ job and doesn’t pay back his loans…what a country…
@joshhoward1289 It's a bit more complex. PSLF is for someone working in the non profit sector only. People working for non profits generally earn less. In addition, the process is extensive and the percentage who receive forgiveness is low. It's similar to the government forgiveness programs for K-12 teachers. I know quite a few people with Doctorates working for non profits and they are not earning 100k. Most are in the 50 to 69k range.
4 walls thennn tithe. " Chatity begins at home!" I have to make sure MY FAMILY IS FED FIRST , MORTGAGE RENT PAID, DEBTS CLEARED UP, ELECTRIC LIGHTS HEAT ON. THENNNN TITHE.
Tithing is not for today, and it was only for the Jews under the law.
1:04:00 In this question the caller states that shes on baby step 7. She isn't, she's on baby step 2. Am I the only one that catches this? She has a mortgage, which at the very least puts her at baby step 6. She then states that she has rental properties, which have a combined debt of $400,000. Like, my sister in Christ, just because you have a couple million dollar networth doesn't mean you get to skip the baby steps. Math is still math whether you are wealthy or in debt. I'd expect DR and GK to give me the brutal truth if I gave this fact pattern. Why didn't they?
Yep, BS2. You're exactly right.
This is where Dave needs to get called out. Because this is rental debt and he loves rentals, he lets the caller slide. They could easily pay off the all the debt by selling rentals.
@@bettedavis9261 Yea I wouldn't have said anything if the caller had not declared that she was on baby step 7. Treat others how you would like to be treated, if it were me with my networth, I wouldnt have been able to say anything past rental income.
@@michaelgeraghty953 yea maybe this is why he let the caller slide, because they could be debt free in a matter of weeks. But yeah, needs to be said that shes in the same baby step as me! ahaha
You all are so correct😮
The caller Chris , that has a house with an ex fiancé that moved out and he still paying half of the mortgage. That’s not right I will not be paying half of the mortgage for a place that I’m not staying if she wants to stay in the house you can refinance and put it all on your name and have him take his name off of it Ready set go just like Dave said!
Chris is not going to get rid of this house. You can tell his ex-girlfriend tells him what to do. She will cry like a little baby and get pissy and he will bow down to her. All the while wasting his money to have HER live in the house.
Seems like one of those "the one that got away" scenarios. She got a message from an ex and kicked out the guy she felt that she was settling for. Guarantee you she's having the time of her life in that house on Chris's dime. He needs to get that thing sold ASAP.
If I had the choice to choose a group of folks I’d like in my corner; to hang out with on a regular basis or when can, it’d be all y’all! Just love y’all. Y’all are family from afar. In Christ ❤
Congrats George!
The fist ten minutes of the show is a full blown advertisement skip to 10 minutes!
I quite enjoyed the advertisement, thank you. It was entertaining.
I wish they would replace the normal ads with their ads for their own books. Half the show ends up just being ads
Yeah I'm getting sick of the ads
Wow that's so many wild calls in one show!!!🤣
Got all the bonuses today
Barndominiums are not like barns when they're done. The basic structural framing has a barn shape but I've seen some that are quite modern and fancy interiors with modern siding on the outside. Dave needs to google it and see lots of examples in a lot of styles. And the young man who wants to stay there will not likely choose even to date someone who does not share a love for living in the country.
Which he would still call a barn., just like he does with his own barndominium...
Student loans in Canada work differently than in the states - yes it’s borrowed money but a portion is a grant based on your situation and if your income is still low when you go into repayment there are options available to you that reduce the interest to zero as well as the principal over time while still allowing you to make extra payments. As a single mom I accessed that system to get my business degree, I had government help to pay it off and when my income went up I paid off the rest. And our schools are cheaper - it isn’t the crisis it is in the states
Where is Dave getting heating and air units for $4,500?
I would like to get it for my nephew but it’s not in my budget this month. Hopefully for next month.
Such a great book! I finished it in about 6 hours
32:49 letter: my husband and I have $58,000 in debt. I want to do the baby steps and be debt free. Husband doesn't and thinks our debt is normal. How can I do the baby steps without him?
38:13 I have few expenses and a large income. Should I save or invest?
43:50 I have a mortgage with my ex-fiance. What do I even do?
1:24:43 I'm overwhelmed by my debt and not sure where to start
I am pursuing teaching and am going through an alternative certification. I highly recommend it rather than through a university. It allows you to work while in the program and you can take it at your own pace. 😊
For William going into the Navy, if the $75k is an enlistment bonus, he’s not going to get a lump sum, it’s divided out over the length of your contract (4 years or whatever first contract length is) AND it’s taxed.
Chris is not going to get rid of this house. You can tell his ex-girlfriend tells him what to do. She will cry like a little baby and get pissy and he will bow down to her. All the while wasting his money to have HER live in the house.
Knew the book would be the open today!
For good reason because it’s amazing!!! BEST finance book I’ve ever read! 🎉
Hey George, I hope you are doing well. I'm 18 with $0 in Debt and own a car and dirt bike both worth around 10k my income is around 4800 per year i work part time I'm still in school. I cook at a restaurant that ill be out of soon making more money my single mom has always struggled with money and is very quick to say oh. I'm going to just use a credit card. Every since me and my brother and sister were born my mom would always make sure we were happy and had food on the table even though on the inside she was battling Debt. I would love to gift her this book in Hopes it could help.
Dave would have got himself removed from the Dave Ramsey Facebook group for that first call 😂
I get it. Some folks just call to brag, just like Rebecca.
Advice for low income prepare for insurance deductable..every year..Descent job,doing hearing test..just not great wage in state..Cant move.
I have friends who had a PSLF and they paid a lot less because they did get the discount on the PSLF.
The payment is less but the balance may be going up. Beyond that, lifestyle choices got you in debt, lifestyle choices can get you out of debt…way before 10 years and a 1.5% success rate promise.
What is PSLF?
@@erin993Public Student Loan Forgiveness program
I hope the couple that paid off $176,000 of debt can fully fund a 401K for both of them, give 10% a year, and tell their story to those who will listen and learn! Then, they invest an amount they can live with each year in mutual funds.
Dave, you let the RV caller slide with saying she was in Baby Step 7. She has rental properties with loans and her primary mortgage. Isn't that Baby Step 2?
Nothing kills your passion faster than not making enough money to live by doing it.
Just ordered George's book from Amazon. Can't wait to read it.
I preordered it and read the ebook once it was released. 5/5. Was great!
It’s so great! You won’t be disappointed.
@@BeeDee-qs9so aww good for George!!! 🥹
@@BeeDee-qs9so It tracking to arrive this Friday - so It wasn't out of stock when I ordered it yesterday.
I'm waiting for my local library to get it in...I have it on hold. Saving my BS7 money for retirement, because I'm not "breaking free from broke," I've already broken free. Kudos to George and the entire RS team for helping so many people.
This is what I tell people- get a degree that will pay you a lot of money to support your hobbies.
50:57 I wonder why she called it off??? And I wonder why he’s being so passive??!
“It’s how most country songs are written”. Haha😂
Hey fellow commenters. Does any of you have seen Dave/crew being asked how to consider your budget, when you're having your car also as your hobby, even when saving. If you're using your primary vehicle as a hobby toy, should you still keep the money put into it under the suggested limit of not more than 1/2of your yearly income.
George!
Dave, Loverboy sang "Working for the Weekend", not Huey Louis.
Public Service Loan forgiveness
Isn’t Rebecca in baby step 6- she said she was on baby step 7
She has not paid off her mortgage - she still has a personal mortgage
I was thinking the same thing!!!
She got the gold mine,I got the shaft Jerry Reid.
33:23 q{ our debt to be normal expenses } I thought the same for quite a long time, even after hearing Dave some years ago; Didn't pay real/much attention at that time.
But now, thanks to you all, I have changed my mind and started working on clearing it. We have a car loan (0% interest [ I know, they got me] ) and 2 mortgages in 2 different States. Do you consider car loan and mortgage to be consumer debt?
Yes. It's ALL debt!
To be fair, even used cars are at an all-time high. It's crazy, used cars are going for 2-3 times more what they're worth.
At 1:27:06 Dave says bull crap on the young lady not being on the payroll of the company she owns. The advice she got was correct if she is owner in a partnership which I am confident in saying she is. If the company she owns and I am assuming it is either a simple partnership or an LLC were filing as an S-Corp she could take a salary but not as a partnership. Dave got this one wrong
Why does Dave always interrupt the caller the whole point is to answer there questions like let them finish talking
Because Dave has answered 1000 calls exactly like it before. He knows EXACTLY where the caller is going.
Because they take forever to form a bloody sentence!
Expediency thats why. Keep the ball rolling keep it interesting and make time for other callers. Smart approach.
Many callers will add unnecessary details that don’t change the fundamental problem that they need to solve for. If you notice, he’s especially aggressive with women because many start doing this to an extreme. It’s better to keep it a little more broad so more listeners can relate to it
58:23 what’s the equity
122:40 in Europe (Netherlands) i do make just about 60k. yet healt insurance is just 115 euro a month. and we work fulltime here (36) hours. and yet i am 32 and have no debt besides my house. just saying it aint bad at all here;)
Love Dave. I don’t think it’s Huey Lewis. 😂❤
Perhaps Loverboy?
Daily driven are you kidding me Bates Marlene study was also reporting. All the millionaires basically factual. They told him they didn’t inherit money and he now talks like it’s factual, it was self reported it’s worthless. He didn’t verify or look at anybody’s financial statements it’s worthless
Try again in English.
22:52
Millionaires in cars getting coffee? There will be a law suit coming georges way soon.
Why?
@@amireallythatgrumpy6508Jerry Seinfeld has a show on Netflix (debuted a few years ago) called, "Comedians In Cars Getting Coffee". It is the same exact concept. Exact. I was so surprised when George and his team copied the exact same title!. George seems way more innovative than to copy someone else's product. Maybe George will read this and explain.
Why? George is a millionaire and Dave is a multi millionaire. Thus, millionaires in cars getting coffee. Am I wrong?
They don't even drink the coffee in the car so don't think you have a case lol
Starting salary for teachers in Ontario is 55,230 CAD and it goes up incrementally so that after ten years it goes up to 101,933 CAD.
If one earns 100k dollars a year before taxes in Ontario then what will be his take home pay after taxes and deductions? Plz reply. Thanks a lot.
Also, $100k in Canadian Dollars is $73,950 US dollars currently.
@@gourabsarker9552 Not sure since I live in BC. According to Wealth Simple, the total federal and provincial tax on 102,000 in Ontario would be about $25,000.
Starting salary in Ontario was $100,000 then minus 45% in taxes single, 40% married. My house in Pooler, GA. now here $220,000. Suburbs of Toronto 4 million. DO THE MATH. I was tired of eating strawberries for dinner in Kingston so my husband who worked at the planet could have the one decent meal.
@gourabsarker9552 I'll go back to Canada if I marry a millionaire NOT BEFORE! btw the medical care. Misdiagnosed for bronchitis. 6 doctors all said in KINGSTON, ONTARIO it was a " common cold" Almost died. I went to the states for amoxicillin finally. Only reason I'm still alive. " common cold" lasted a bloody 5 f...months!😡
Hadn't
❤❤❤
❄️❄️❄️❄️❄️
I love the calls where people make $300k, have millions in property, and are having trouble spending all of their money 😂 - blows my mind. Good flex though.
Poor guy chris. Honestly, at that age, I would file bankruptcy not pay one dime for that house. I don't know how much are the debt he is owing but I would get out of the situation now. Because they going to end up losing money while they sell the house more than taxes, they also have to pay commission and paperwork
Not to mention the audacity of her asking him to pay half but denying him the right to live in the house only this would set me on fire. She knew very well she's just going to use him to get herself into a house, that was not a sudden decision
@@MsValiGPerhaps they didn't live together before and she realized that the relationship was not working in a marriage type arrangement. It may not have been a calculated move. Poor guy
@@MsValiG you can tell Chris gives in to her. Just by his voice. he is screwed because she tells him she holds all the cards.
❤
$250k a year
This culture is totally messed up . Imagine being a single Dad . Not mom . Single dad . Not easy in this “culture “ guys .
In some ways single dads get more support because they feel they need help and guidance doing a "mother's/woman's job" and single moms are expected to be great mothers from birth and are expected to know everything. Each position has their own troubles.
55:28 man!!! Go live with ur momma. A 4 hr commute is not reasonable and $2k is a lot. Go home and save ur money. Ur o my 22
pause 38:10
Quinns future worries me.
An 8 week old infant?
I prefer Dave. I like George too but there is no replacement for Dave.
Wy pojęcia nie macie kto i kogo wypuścili.
Im feeling off about ramsey endoring yrefy. Anyone else?
I love this show..... but I just have one suggestion. PLEASE stop interrupting mid-sentence.....it makes the interactions very noisy.
Callers drone on and on though.
stop touching your nose Dave🙃🙃