正在加载视频...

视频加载失败

加载此视频时出现问题。这可能是由于临时网络问题，或视频可能不可用。

Dave Ramsey advises a guy that amassed a $430,000 student loan and eventually failed out from medical school. “I have about $430,000 in student loans. I was in medical school, I failed and recently got dismissed” “So right now I have the debt but no degree that I was... show more

Percy

16,074 subscribers

254,729 次观看 • 1 个月前 •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

0 条评论

暂无评论

原始帖子的评论将显示在这里

相关视频

James owes $430,000 in student loans and failed med school.

James owes $430,000 in student loans and failed med school.

Dave Ramsey

362,414 次观看 • 3 年前

🇬🇭 “When I got there, I noticed there was a misunderstanding between the police and some youth in the town, so I decided to run past them. As I was about to run, I suddenly realized I had been hit by a gunshot. — A student of Nsawam Senior High School has recounted how he was allegedly struck by a stray bullet during the incident, claiming that the police have not checked on him since and that his family was forced to take a loan to cover his medical expenses.

🇬🇭 “When I got there, I noticed there was a misunderstanding between the police and some youth in the town, so I decided to run past them. As I was about to run, I suddenly realized I had been hit by a gunshot. — A student of Nsawam Senior High School has recounted how he was allegedly struck by a stray bullet during the incident, claiming that the police have not checked on him since and that his family was forced to take a loan to cover his medical expenses.

THE STATE NEWS

31,758 次观看 • 1 个月前

Caller: “My daughters just graduated college. We used student loans to get them through. We’ve got about $180K left on our mortgage, and I’ve got a brokerage account with about $200K in it. My wife and I are thinking… should we just cash it out, clear the $125K student loans, and put the rest toward the mortgage?” Dave Ramsey: “How much student loan debt are we talking?” Caller: “About $125K total, between two kids.” Dave Ramsey: “And you’ve got $200K sitting in the brokerage account?” Caller: “Yes.” Dave Ramsey: “Yeah… I’d liquidate that today.” Dave Ramsey: “You don’t have $200K invested while carrying $125K in debt. That doesn’t make sense.” Caller: “So you’d pay it all off?” Dave Ramsey: “Absolutely. You’d be debt-free except the house.” Dave Ramsey: “Then you rebuild properly. Emergency fund first, then attack the mortgage. But you don’t keep borrowing money at one rate while trying to invest at another. That spread you think you’re making… it’s not worth the risk.”

Caller: “My daughters just graduated college. We used student loans to get them through. We’ve got about $180K left on our mortgage, and I’ve got a brokerage account with about $200K in it. My wife and I are thinking… should we just cash it out, clear the $125K student loans, and put the rest toward the mortgage?” Dave Ramsey: “How much student loan debt are we talking?” Caller: “About $125K total, between two kids.” Dave Ramsey: “And you’ve got $200K sitting in the brokerage account?” Caller: “Yes.” Dave Ramsey: “Yeah… I’d liquidate that today.” Dave Ramsey: “You don’t have $200K invested while carrying $125K in debt. That doesn’t make sense.” Caller: “So you’d pay it all off?” Dave Ramsey: “Absolutely. You’d be debt-free except the house.” Dave Ramsey: “Then you rebuild properly. Emergency fund first, then attack the mortgage. But you don’t keep borrowing money at one rate while trying to invest at another. That spread you think you’re making… it’s not worth the risk.”

KΞRL_✂️

559,178 次观看 • 1 个月前

Dave Ramsey couldn’t believe this couple was drowning in over $800,000 of debt and loans. Caller: “my husband and I have just under $1 Million in debt and we want to know how to get debt free without filing bankruptcy” Caller: Mortgage = $210,000 Student Loans = $335,000 Credit card loans= $136,000 Car Loans = $35,000 Personal loans = $44,000 Dave Ramsey: “What in the world!”

Dave Ramsey couldn’t believe this couple was drowning in over $800,000 of debt and loans. Caller: “my husband and I have just under $1 Million in debt and we want to know how to get debt free without filing bankruptcy” Caller: Mortgage = $210,000 Student Loans = $335,000 Credit card loans= $136,000 Car Loans = $35,000 Personal loans = $44,000 Dave Ramsey: “What in the world!”

Percy

175,160 次观看 • 1 个月前

American in medical school took out a $50k loan, the repayment amount is $128,610.61 “The interest on my $50,000 loan for my research year during med school totals $78,000. The interest is more than the loan, by the end of the payment, I owe $128,610 — What the hell is this” He says he can’t afford the payments so was offered a payment plan. If he takes the payment plan, by the end of it he will actually owe more than he owes now That’s not all, he has another $250,000 loan for medical school “I have $250,000 in loan through the med school that I haven't even considered yet that I don't want to think about. So I have $300,000 in direct debt, but if I put include the interest, then my debt is actually over half a million dollars” No wonder America is facing a doctors shortage, who could ever afford to pay for school

American in medical school took out a $50k loan, the repayment amount is $128,610.61 “The interest on my $50,000 loan for my research year during med school totals $78,000. The interest is more than the loan, by the end of the payment, I owe $128,610 — What the hell is this” He says he can’t afford the payments so was offered a payment plan. If he takes the payment plan, by the end of it he will actually owe more than he owes now That’s not all, he has another $250,000 loan for medical school “I have $250,000 in loan through the med school that I haven't even considered yet that I don't want to think about. So I have $300,000 in direct debt, but if I put include the interest, then my debt is actually over half a million dollars” No wonder America is facing a doctors shortage, who could ever afford to pay for school

Wall Street Apes

330,549 次观看 • 11 个月前

Caller: I'm $451,000 in total debt. $252,000 of that is student loans, and I have 185 in a home loan. I only bring in $70,000 a year. After pension and all that stuff taken out, it's more like $40,000. I just don't know where to start. Dave Ramsey: What do you do for a living? Caller: Law enforcement. Dave Ramsey: How do you get $252,000 in student loan debt to be a policeman? Caller: I went to a private institution because my mother wanted me to go there. I went there originally for finance, didn't do good, so I switched my major to criminal justice, and then eventually went on for a master's as well, which didn't really help my employment eligibility as much as I thought it would. Dave Ramsey: Is your mother wealthy? Caller: No, neither my mother nor my father. I'm the first in my family to go to college. Dave Ramsey: Mathematically, we always look at the ratio of shovel to hole. The amount of hole you're in versus the shovel you have, your debt to your income. Are you married? Caller: No, I have a girlfriend who lives with me, and her daughter as well. Dave Ramsey: What is this house worth? Caller: I actually just purchased it off of a whim. My father passed away and it was the last conversation we had. It was across the street from his house, and he really wanted me to get it, so I jumped in with both feet to honor him. Dave Ramsey: So you didn't put anything down, so the house is worth $185,000? Caller: Yeah. Dave Ramsey: How old are you? Caller: I'm 31. Dave Ramsey: When are you planning on marrying this girl? Caller: She's currently in school to finish up for nurse practitioner. Sometime after that, hopefully after January. Dave Ramsey: Does she have student loan debt? Caller: She does. Dave Ramsey: How much? Caller: I'm not sure because she's not really on board with all this. I've tried to bring this up to her when listening to your show recently, and her thing is, "I'm too busy with school and don't want to worry about that right now." Dave Ramsey: I think you're the voice of experience that says it's a good idea to worry about it, otherwise you end up up a creek, which is where you are right now, and your paddle is real small. You told me in a five-minute conversation of two really stupid financial decisions you made from the influence of your mother and your father. You bought things you couldn't afford with money you didn't have, because of their influence. At 31 years old, you're going to have to decide to love your parents but no longer be influenced to do financial decisions based on their opinion, or even your perceived opinion of what your father would have thought. You cannot please these people anymore. They are breaking you. You make $70,000 a year and you're so far in debt you can't breathe. Buying a house you can't afford, going to a school you shouldn't have gone to and paying twice or three times as much for an education that you didn't even need to do the job you do. Am I wrong? Caller: Right. No, not at all. Dave Ramsey: Number one, that influence has to stop. Number two, you can't afford this house as a single guy making $70,000 a year.

Caller: I'm $451,000 in total debt. $252,000 of that is student loans, and I have 185 in a home loan. I only bring in $70,000 a year. After pension and all that stuff taken out, it's more like $40,000. I just don't know where to start. Dave Ramsey: What do you do for a living? Caller: Law enforcement. Dave Ramsey: How do you get $252,000 in student loan debt to be a policeman? Caller: I went to a private institution because my mother wanted me to go there. I went there originally for finance, didn't do good, so I switched my major to criminal justice, and then eventually went on for a master's as well, which didn't really help my employment eligibility as much as I thought it would. Dave Ramsey: Is your mother wealthy? Caller: No, neither my mother nor my father. I'm the first in my family to go to college. Dave Ramsey: Mathematically, we always look at the ratio of shovel to hole. The amount of hole you're in versus the shovel you have, your debt to your income. Are you married? Caller: No, I have a girlfriend who lives with me, and her daughter as well. Dave Ramsey: What is this house worth? Caller: I actually just purchased it off of a whim. My father passed away and it was the last conversation we had. It was across the street from his house, and he really wanted me to get it, so I jumped in with both feet to honor him. Dave Ramsey: So you didn't put anything down, so the house is worth $185,000? Caller: Yeah. Dave Ramsey: How old are you? Caller: I'm 31. Dave Ramsey: When are you planning on marrying this girl? Caller: She's currently in school to finish up for nurse practitioner. Sometime after that, hopefully after January. Dave Ramsey: Does she have student loan debt? Caller: She does. Dave Ramsey: How much? Caller: I'm not sure because she's not really on board with all this. I've tried to bring this up to her when listening to your show recently, and her thing is, "I'm too busy with school and don't want to worry about that right now." Dave Ramsey: I think you're the voice of experience that says it's a good idea to worry about it, otherwise you end up up a creek, which is where you are right now, and your paddle is real small. You told me in a five-minute conversation of two really stupid financial decisions you made from the influence of your mother and your father. You bought things you couldn't afford with money you didn't have, because of their influence. At 31 years old, you're going to have to decide to love your parents but no longer be influenced to do financial decisions based on their opinion, or even your perceived opinion of what your father would have thought. You cannot please these people anymore. They are breaking you. You make $70,000 a year and you're so far in debt you can't breathe. Buying a house you can't afford, going to a school you shouldn't have gone to and paying twice or three times as much for an education that you didn't even need to do the job you do. Am I wrong? Caller: Right. No, not at all. Dave Ramsey: Number one, that influence has to stop. Number two, you can't afford this house as a single guy making $70,000 a year.

Traeyz ♠️

31,663 次观看 • 2 天前

🚨NEW: Scott Bessent says Treasury Department will tackle student loan debt next after trade and taxes🚨 "Once we have finished trade and taxes here at Treasury, we're going to take on the student loan portfolio." "I do think that just forgiving student debt was unacceptable." "I think that there is a firm and humane way to deal with the student debt crisis." Daily Caller

🚨NEW: Scott Bessent says Treasury Department will tackle student loan debt next after trade and taxes🚨 "Once we have finished trade and taxes here at Treasury, we're going to take on the student loan portfolio." "I do think that just forgiving student debt was unacceptable." "I think that there is a firm and humane way to deal with the student debt crisis." Daily Caller

Jason Cohen 🇺🇸

25,982 次观看 • 1 年前

Man who borrowed $50,000 from Sallie Mae for medical school says the interest alone has now surpassed the original loan. This is insane! His $50,000 debt has racked up $78,000 in interest, leaving him on the hook for a staggering $128,000. “I got out of school, so I called Sallie Mae, and I was like, “I can’t afford these $700 payments right now.” They’re like, “That’s fine — we’ll just put you on, like, $250 payments for a year.” Which means that once I get out of these $250 payments, my loan would have actually gone up, because I wouldn’t have been paying the full interest amount every year. So paying the minimum on my student loan every year does nothing but shave off the interest — which means the loan never goes away.”

Man who borrowed $50,000 from Sallie Mae for medical school says the interest alone has now surpassed the original loan. This is insane! His $50,000 debt has racked up $78,000 in interest, leaving him on the hook for a staggering $128,000. “I got out of school, so I called Sallie Mae, and I was like, “I can’t afford these $700 payments right now.” They’re like, “That’s fine — we’ll just put you on, like, $250 payments for a year.” Which means that once I get out of these $250 payments, my loan would have actually gone up, because I wouldn’t have been paying the full interest amount every year. So paying the minimum on my student loan every year does nothing but shave off the interest — which means the loan never goes away.”

I Meme Therefore I Am 🇺🇸

79,933 次观看 • 11 个月前

Dave Ramsey was shocked after a caller told him he had over $670,000 in student loan debts. Caller: “My wife and I both have a substantial amount of student loans well over $600,000. We’re both Physicians” Dave Ramsey: “$600K? I hope you’re freaking brain surgeons” Caller: “I study medicine, she psychiatry” Dave Ramsey: “Oh my Lord, you’re kidding. These are not high paying fields”

Dave Ramsey was shocked after a caller told him he had over $670,000 in student loan debts. Caller: “My wife and I both have a substantial amount of student loans well over $600,000. We’re both Physicians” Dave Ramsey: “$600K? I hope you’re freaking brain surgeons” Caller: “I study medicine, she psychiatry” Dave Ramsey: “Oh my Lord, you’re kidding. These are not high paying fields”

Percy

183,203 次观看 • 1 个月前

Dave Ramsey advises a guy who has $250k in the bank and now in debt due to his house Caller: “about 6 month ago I had about $250k in the bank I live in a $900 apartment debt free and own my car and I’m a self employed musician making about $50k - $60k a year” Dave: so what’s the problem Caller: “I purchased a home my mortgage is about $1500 a month and then I was in a car accident so I ended up getting a new vehicle now I have a loan on it for about $12k with warranty half my money is gone I have about $100k in the bank” Dave: how much is your house payment Caller: “it’s about $1500 a month and I’m sick”

Dave Ramsey advises a guy who has $250k in the bank and now in debt due to his house Caller: “about 6 month ago I had about $250k in the bank I live in a $900 apartment debt free and own my car and I’m a self employed musician making about $50k - $60k a year” Dave: so what’s the problem Caller: “I purchased a home my mortgage is about $1500 a month and then I was in a car accident so I ended up getting a new vehicle now I have a loan on it for about $12k with warranty half my money is gone I have about $100k in the bank” Dave: how much is your house payment Caller: “it’s about $1500 a month and I’m sick”

zaza

2,847,059 次观看 • 1 个月前

I've failed a lot, and I'm only 32. But, I always survive. I failed to get my CPA. I Survived. I disliked working at big 4. I Survived. I failed every diet I tried. I Survived. I had $60k in credit card debt. I Survived. I gained 200lbs after college (still working on it!) I Survived. I failed in every relationship. I Survived. I disliked living in a city. I Survived. I dropped out of grad school. I Survived. I had $100k in student loans (still have a lot!) I Survived. Start where you are. You can do it. I can do it. We can do it.

I've failed a lot, and I'm only 32. But, I always survive. I failed to get my CPA. I Survived. I disliked working at big 4. I Survived. I failed every diet I tried. I Survived. I had $60k in credit card debt. I Survived. I gained 200lbs after college (still working on it!) I Survived. I failed in every relationship. I Survived. I disliked living in a city. I Survived. I dropped out of grad school. I Survived. I had $100k in student loans (still have a lot!) I Survived. Start where you are. You can do it. I can do it. We can do it.

Dave Danna

39,262 次观看 • 1 年前

Unfortunately I have been Medically Denied by the Air Force medical review board due to a surgery I had back in January that I recently found out had Failed. I’ve been Committed to Air Force Football Since January. The failure of the surgery does NOT prevent me from playing football. I am now looking for ANY opportunities to play. Any School, JUCO, Prep school 6’4 250lbs DE 3.5 GPA Class of 2026

Unfortunately I have been Medically Denied by the Air Force medical review board due to a surgery I had back in January that I recently found out had Failed. I’ve been Committed to Air Force Football Since January. The failure of the surgery does NOT prevent me from playing football. I am now looking for ANY opportunities to play. Any School, JUCO, Prep school 6’4 250lbs DE 3.5 GPA Class of 2026

Ryland Keefe 6’4 240lbs

650,815 次观看 • 1 个月前

I'm completely non-political, but this is bullshit Student loan forgiveness rewards bad decision making I took out a $160,000 student load a decade ago I saved every penny I made to pay it back in full. I ended up paying over $300,000 on the loan Now I'm getting punished because I was too responsible and paid back my loan too quickly? I lived in a $500 a month rat and cockroach infested sun room in Boston for years to pay back this debt If I would have instead ignored my debt and bought cars and useless luxury items I'd get a free $300,000 check? I'm as a-political as it gets. I hate all politicians. But this is insanity and rewards the WORST behavior

I'm completely non-political, but this is bullshit Student loan forgiveness rewards bad decision making I took out a $160,000 student load a decade ago I saved every penny I made to pay it back in full. I ended up paying over $300,000 on the loan Now I'm getting punished because I was too responsible and paid back my loan too quickly? I lived in a $500 a month rat and cockroach infested sun room in Boston for years to pay back this debt If I would have instead ignored my debt and bought cars and useless luxury items I'd get a free $300,000 check? I'm as a-political as it gets. I hate all politicians. But this is insanity and rewards the WORST behavior

Alex Finn

3,301,498 次观看 • 2 年前

President Biden and I are removing obstacles to financial freedom. We have forgiven $167B in student loan debt for more than 4.7M people, and our Administration is on track to ensure that medical debt will no longer be used in calculating your credit score.

President Biden and I are removing obstacles to financial freedom. We have forgiven $167B in student loan debt for more than 4.7M people, and our Administration is on track to ensure that medical debt will no longer be used in calculating your credit score.

Vice President Kamala Harris Archived

253,872 次观看 • 2 年前

Caller: I just recently graduated from residency to become an orthodontist. And I have student loans that total just over $1 million. Dave Ramsey: You're kidding. Caller: No, sir. Dave Ramsey: What were you thinking? Caller: Well, I wasn't thinking, clearly. So I sat down and calculated my interest rates, and my interest is about $5,800 a month. My fiancé and I are trying to decide what's the best way to try to attack this. This first year, if we're able to pay $10,000 a month, I guess there's basically two ways that we thought of it. I can do income-based, and my required payment will be about $3,000, and then we can take the remaining $7,000 and pay it directly at individual loans. Or should we cover the interest and then pay additional moneys towards other loans? Dave Ramsey: Okay. What will you be making as an orthodontist? Caller: About $250,000. Dave Ramsey: What does your fiancé do, and what will she be making? Caller: We actually just opened up an office, and she works in the office, so she's not taking any income out of the office. Dave Ramsey: Okay. So if you make $250,000 a year, why are you only putting $120,000 on your debt? Caller: The $250,000 I calculated pre-tax and everything else. We're going to put as much as we possibly can on the debt. And in the years to come as the income goes up, we're hoping to be able to make payments of $20,000-$40,000 a month. Dave Ramsey: Okay. I think the income-based option does not do away with interest, and so interest is going to be accruing greater than you're putting in. So you're not making any mathematical progress by doing the 3 and 7 idea, but you will make emotional progress because you'll be able to knock off some of the smaller ones. Caller: Right. Dave Ramsey: And God knows you're going to need some emotional progress in this process. And then the only other commentary I would just add is that, this is such an extreme situation. Your income is extreme, and your debt is extreme, that you have to be very, very careful to just act like you're a broke college student because you are a broke orthodontist. Caller: Right. Dave Ramsey: And so, that means you guys aren't going on vacations, you're not buying a house, you're not leasing a new BMW, you're not going to a restaurant. You have a $1,000,000 student loan debt. It gives me an anxiety attack, and it's not even my debt, but the horrible news is that ridiculous figure. The wonderful news is you have great income potential and a great income right now. So, you cannot relax. Caller: Right. Dave Ramsey: You have to cut as deeply as you can cut. Caller: Right. Dave Ramsey: And so, be dialing your taxes in. I don't want you to get behind on taxes. But other than taxes, and food, and water, and electricity, I really want everything else just going on student loan debt.

Caller: I just recently graduated from residency to become an orthodontist. And I have student loans that total just over $1 million. Dave Ramsey: You're kidding. Caller: No, sir. Dave Ramsey: What were you thinking? Caller: Well, I wasn't thinking, clearly. So I sat down and calculated my interest rates, and my interest is about $5,800 a month. My fiancé and I are trying to decide what's the best way to try to attack this. This first year, if we're able to pay $10,000 a month, I guess there's basically two ways that we thought of it. I can do income-based, and my required payment will be about $3,000, and then we can take the remaining $7,000 and pay it directly at individual loans. Or should we cover the interest and then pay additional moneys towards other loans? Dave Ramsey: Okay. What will you be making as an orthodontist? Caller: About $250,000. Dave Ramsey: What does your fiancé do, and what will she be making? Caller: We actually just opened up an office, and she works in the office, so she's not taking any income out of the office. Dave Ramsey: Okay. So if you make $250,000 a year, why are you only putting $120,000 on your debt? Caller: The $250,000 I calculated pre-tax and everything else. We're going to put as much as we possibly can on the debt. And in the years to come as the income goes up, we're hoping to be able to make payments of $20,000-$40,000 a month. Dave Ramsey: Okay. I think the income-based option does not do away with interest, and so interest is going to be accruing greater than you're putting in. So you're not making any mathematical progress by doing the 3 and 7 idea, but you will make emotional progress because you'll be able to knock off some of the smaller ones. Caller: Right. Dave Ramsey: And God knows you're going to need some emotional progress in this process. And then the only other commentary I would just add is that, this is such an extreme situation. Your income is extreme, and your debt is extreme, that you have to be very, very careful to just act like you're a broke college student because you are a broke orthodontist. Caller: Right. Dave Ramsey: And so, that means you guys aren't going on vacations, you're not buying a house, you're not leasing a new BMW, you're not going to a restaurant. You have a $1,000,000 student loan debt. It gives me an anxiety attack, and it's not even my debt, but the horrible news is that ridiculous figure. The wonderful news is you have great income potential and a great income right now. So, you cannot relax. Caller: Right. Dave Ramsey: You have to cut as deeply as you can cut. Caller: Right. Dave Ramsey: And so, be dialing your taxes in. I don't want you to get behind on taxes. But other than taxes, and food, and water, and electricity, I really want everything else just going on student loan debt.

Traeyz ♠️

72,785 次观看 • 12 天前

Dave Ramsey finds out a lady who called to ask about selling her house was actually just trying to escape from her “ABUSIVE PARTNER” with her 8 month old. Caller: “I’m thinking about selling my house. My son’s father and I live together and it’s not the best situation. I just want to clear my debts and provide better for my son” Dave Ramsey: “You sound really afraid to me” Caller: “I’m trying to talk to you and he’s standing right next to me so I can’t go inside” Caller: “I have about $16,000 worth of debt from the car and medical bills from our son that I get no help with” Dave Ramsey: “You need to get in the car and go to your dad’s house when you hang up the phone” Caller: “I can’t do that sir, I tried that already”

Dave Ramsey finds out a lady who called to ask about selling her house was actually just trying to escape from her “ABUSIVE PARTNER” with her 8 month old. Caller: “I’m thinking about selling my house. My son’s father and I live together and it’s not the best situation. I just want to clear my debts and provide better for my son” Dave Ramsey: “You sound really afraid to me” Caller: “I’m trying to talk to you and he’s standing right next to me so I can’t go inside” Caller: “I have about $16,000 worth of debt from the car and medical bills from our son that I get no help with” Dave Ramsey: “You need to get in the car and go to your dad’s house when you hang up the phone” Caller: “I can’t do that sir, I tried that already”

Percy

770,590 次观看 • 1 个月前

Caller: I am 61, I have zero retirement savings and only a $1,000 emergency fund. I am currently in Baby Step 2 trying to pay off debt, but my company offers a 4% 401k match. Given my age and lack of savings, should I pause the debt payoff to take advantage of the company match? Dave Ramsey: So you're 61 and have no money. Caller: None. Dave Ramsey: What do you make? Caller: I bring home roughly $67,000. Dave Ramsey: What is your debt? Caller: A little over $69,000. Dave Ramsey: On what? Caller: Student loan $11,000, I have a car loan of $18,000, I have a personal loan of $12,000, and then another personal loan of $26,000 on a tractor. Dave Ramsey: Why do you have a tractor? Caller: Well, we're country folks and... Dave Ramsey: Oh, "we." Where's your husband? Caller: My husband is 75, he's drawing Social Security, he is basically disabled. I guess you could say he has COPD and emphysema, he's had three back surgeries. Dave Ramsey: So he don't need to be on a tractor. Caller: No, I use the tractor. Dave Ramsey: Not anymore. Broke people don't have $26,000 tractors. Caller: Well, I have tried everything I can to try and sell this thing, other than just letting it go back and letting them sell it for whatever they can sell it for and paying the difference. Dave Ramsey: No, you haven't. Tractors are selling right now. What's, what kind of tractor is this? Caller: It's a Kubota... Dave Ramsey: That tractor will sell. Dave Ramsey: I would go to the credit union and borrow the $5,000 worth of difference and get this tractor sold, and you need to sell your car too. You guys are in emergency mode, girl. Caller: Well, this was two years ago before I discovered this past March. Dave Ramsey: Okay. What is your land worth? What's your land worth? Caller: Probably about three or four thousand. Dave Ramsey: Your land is worth $3,000? Caller: Yeah, we bought it back in '92. Dave Ramsey: You have a $26,000 tractor for a $4,000 piece of land. Caller: Well, we hunt and I use it to clear deer leases and our hunting area and food plots. Yeah, I told you I was a country girl. Dave Ramsey: Yeah, and you're starting to look up and go, "I need something to eat other than Social In-Security when I get to 66 or 67." So, yeah, if I'm in your mode, I am so scared, I'm going crazy, and I'm selling tractor, I'm selling car, I'm going to get a $2,000 car, I'm going to work like a crazy person.

Caller: I am 61, I have zero retirement savings and only a $1,000 emergency fund. I am currently in Baby Step 2 trying to pay off debt, but my company offers a 4% 401k match. Given my age and lack of savings, should I pause the debt payoff to take advantage of the company match? Dave Ramsey: So you're 61 and have no money. Caller: None. Dave Ramsey: What do you make? Caller: I bring home roughly $67,000. Dave Ramsey: What is your debt? Caller: A little over $69,000. Dave Ramsey: On what? Caller: Student loan $11,000, I have a car loan of $18,000, I have a personal loan of $12,000, and then another personal loan of $26,000 on a tractor. Dave Ramsey: Why do you have a tractor? Caller: Well, we're country folks and... Dave Ramsey: Oh, "we." Where's your husband? Caller: My husband is 75, he's drawing Social Security, he is basically disabled. I guess you could say he has COPD and emphysema, he's had three back surgeries. Dave Ramsey: So he don't need to be on a tractor. Caller: No, I use the tractor. Dave Ramsey: Not anymore. Broke people don't have $26,000 tractors. Caller: Well, I have tried everything I can to try and sell this thing, other than just letting it go back and letting them sell it for whatever they can sell it for and paying the difference. Dave Ramsey: No, you haven't. Tractors are selling right now. What's, what kind of tractor is this? Caller: It's a Kubota... Dave Ramsey: That tractor will sell. Dave Ramsey: I would go to the credit union and borrow the $5,000 worth of difference and get this tractor sold, and you need to sell your car too. You guys are in emergency mode, girl. Caller: Well, this was two years ago before I discovered this past March. Dave Ramsey: Okay. What is your land worth? What's your land worth? Caller: Probably about three or four thousand. Dave Ramsey: Your land is worth $3,000? Caller: Yeah, we bought it back in '92. Dave Ramsey: You have a $26,000 tractor for a $4,000 piece of land. Caller: Well, we hunt and I use it to clear deer leases and our hunting area and food plots. Yeah, I told you I was a country girl. Dave Ramsey: Yeah, and you're starting to look up and go, "I need something to eat other than Social In-Security when I get to 66 or 67." So, yeah, if I'm in your mode, I am so scared, I'm going crazy, and I'm selling tractor, I'm selling car, I'm going to get a $2,000 car, I'm going to work like a crazy person.

Traeyz ♠️

789,020 次观看 • 15 天前

POILIEVRE: When I came out of high school, it was taken for granted that if you got a job, you could pay off your student loans and have a down payment on a house by the time you were 25 or 26. Owning a home in your mid 20's was normal. And now? Your 40's. 🫠

POILIEVRE: When I came out of high school, it was taken for granted that if you got a job, you could pay off your student loans and have a down payment on a house by the time you were 25 or 26. Owning a home in your mid 20's was normal. And now? Your 40's. 🫠

Kat Kanada 🏴

45,533 次观看 • 9 个月前

American took out a student loan - She borrowed under $28k - She’s paid back $38k - Her current balance owed is $58k - That’s $68k of interest on a $28k loan (so far) I don’t care what anyone says, this is criminal. Interest terms like this need to be illegal “I have been paying on my student loan since 2008. I have never been delinquent. I have never missed a payment and I've always made the payment that is requested and even I've made additional payments or sometimes more than my payment.” “I graduated college — with a little under $28,000 in student loans. I, to date, have paid $37,000 back to my student loans since 2008, but I still owe like $58,000. The math isn't math-ing. I'm not great at math, but the math isn't math-ing there.” Americans have no chance of ever paying back these predatory loans

American took out a student loan - She borrowed under $28k - She’s paid back $38k - Her current balance owed is $58k - That’s $68k of interest on a $28k loan (so far) I don’t care what anyone says, this is criminal. Interest terms like this need to be illegal “I have been paying on my student loan since 2008. I have never been delinquent. I have never missed a payment and I've always made the payment that is requested and even I've made additional payments or sometimes more than my payment.” “I graduated college — with a little under $28,000 in student loans. I, to date, have paid $37,000 back to my student loans since 2008, but I still owe like $58,000. The math isn't math-ing. I'm not great at math, but the math isn't math-ing there.” Americans have no chance of ever paying back these predatory loans

Wall Street Apes

7,862,080 次观看 • 11 个月前

“I graduated from my undergraduate degree last summer… and I have £90,231 of student loan debt.” Gina Tindale, 22, who went to university from a low income background, says the necessity to take out a larger maintenance loan has significantly added to her debt. #Newsnight

“I graduated from my undergraduate degree last summer… and I have £90,231 of student loan debt.” Gina Tindale, 22, who went to university from a low income background, says the necessity to take out a larger maintenance loan has significantly added to her debt. #Newsnight

BBC Newsnight

347,076 次观看 • 4 个月前