Video wird geladen...

Video konnte nicht geladen werden

Beim Laden dieses Videos ist ein Problem aufgetreten. Dies könnte an einem vorübergehenden Netzwerkproblem liegen oder das Video ist möglicherweise nicht verfügbar.

🔊 ... Dave Ramsey vs Millennials ... This guy commenting on Dave Ramsey's "advice" is hilarious. Boomer advice from Dave Ramsey does not seem at all welcome by the Millennial crowd. Is Dave Ramsey just obsolete at this point? His generation just doesn't understand the differences between then and... show more

Wall Street Mav

1,733,369 subscribers

10,752,202 Aufrufe • vor 2 Jahren •via X (Twitter)

Nachrichten & Politik Finanzen Comedy

Anya Rossi• Live Now

Private livecam show

10 Kommentare

Profilbild von Craig Chamberlin

Craig Chamberlinvor 2 Jahren

Nothing has changed. Compound interest is still the same. Dave’s advice is just as good as it ever was.

Profilbild von Wall Street Mav

Wall Street Mavvor 2 Jahren

✅

Profilbild von Catturd ™

Catturd ™vor 2 Jahren

Dave Ramsay’s net worth … $280 million Broke millennial dude crying about Dave Ramsey probable net worth - $45.13 Which one to listen to should be a no brainer unless you’re a complete idiot - 😂

Profilbild von MarciJoy

MarciJoyvor 2 Jahren

This guy just isn’t facing reality. He says boomers got stuff cheap so it’s not fair! Maybe he doesn’t realize that boomers just didn’t complain every time they stubbed their toe - and didn’t expect to have a $200K job and a $500K house handed to them - with no experience.

Profilbild von Wall Street Mav

Wall Street Mavvor 2 Jahren

✅✅✅

Profilbild von Crypto After Dark

Crypto After Darkvor 2 Jahren

I've never liked Dave ramsey's financial advice, because it takes away your ability to leverage debt. Debt is a great tool as long as it is not abused or used wrongfully.

Profilbild von Wall Street Mav

Wall Street Mavvor 2 Jahren

@PresupPerry ✅✅✅

Profilbild von Sunny Po

Sunny Povor 2 Jahren

I’ve yet to meet a single boomer who will acknowledge the declining purchasing power of the dollar. Not one.

Profilbild von Shibetoshi Nakamoto

Shibetoshi Nakamotovor 2 Jahren

boomers have only stupid things to say about finances

Profilbild von Wall Street Mav

Wall Street Mavvor 2 Jahren

🔥🔥🔥

Ähnliche Videos

Dave Ramsey recently claimed that an 8% withdrawal rate from an investment portfolio is safe for retirees. Unfortunately, his logic is flawed, and he does not seem to understand retirement spending math. Dave Ramsey 👀

Dave Ramsey recently claimed that an 8% withdrawal rate from an investment portfolio is safe for retirees. Unfortunately, his logic is flawed, and he does not seem to understand retirement spending math. Dave Ramsey 👀

Benjamin Felix

68,354 Aufrufe • vor 2 Jahren

This is exactly what the Dave Ramsey show is like Poor! Poor! Poor!

This is exactly what the Dave Ramsey show is like Poor! Poor! Poor!

Dividend Hero

146,668 Aufrufe • vor 1 Monat

CALLER: “Hi Dave, I just inherited $50,000,000 in cash and I don’t know what to do with it.” DAVE RAMSEY: “Who in the world left you $50,000,000?” CALLER: “My parents. My dad was into everything — real estate, car dealerships, private jets.” DAVE RAMSEY: “Okay… first thing. Don’t do anything rushed. Don’t touch it yet.” CALLER: “Really?” DAVE RAMSEY: “The people who have the most fun with money are the ones who give. Wealthy people who give are the ones who actually enjoy it.” A MAN INHERITED $50,000,000 IN CASH AND STILL CALLED DAVE RAMSEY FOR ADVICE. THAT’S EITHER THE SMARTEST THING OR THE MOST HUMBLE THING I’VE EVER HEARD.

CALLER: “Hi Dave, I just inherited $50,000,000 in cash and I don’t know what to do with it.” DAVE RAMSEY: “Who in the world left you $50,000,000?” CALLER: “My parents. My dad was into everything — real estate, car dealerships, private jets.” DAVE RAMSEY: “Okay… first thing. Don’t do anything rushed. Don’t touch it yet.” CALLER: “Really?” DAVE RAMSEY: “The people who have the most fun with money are the ones who give. Wealthy people who give are the ones who actually enjoy it.” A MAN INHERITED $50,000,000 IN CASH AND STILL CALLED DAVE RAMSEY FOR ADVICE. THAT’S EITHER THE SMARTEST THING OR THE MOST HUMBLE THING I’VE EVER HEARD.

Owen

3,933,752 Aufrufe • vor 3 Monaten

A woman asked Dave Ramsey if she should split her inheritance with the sister their mother left out of the will Caller: I have an inheritance, and my sister was left out of the will. Dave Ramsey: Whoa… why? Caller: I think there’s been conflict along the years that never got resolved. My mom was very strong-willed, and she just had enough. Dave Ramsey: So your mom was not in a relationship with your sister, and chose not to leave her anything as a result? Caller: Exactly. Dave Ramsey: Well, that sounds reasonable. Caller: Oh wow, okay. Dave Ramsey: Why would your mom leave something to somebody that doesn’t speak to her? Caller: She said, “Are you going to split this with me? I just want to know. Because if you’re not, that means you agree with Mom.” George Kamel: We’re not taking that guilt trip. No, thank you. That’s on her. Dave Ramsey: You not giving her money is not cutting the relationship off. She is choosing to cut the relationship off. Caller: Oh, that makes sense. Dave Ramsey: You didn’t choose. She chose. I’m sorry, it hurts, though. Dave Ramsey: She’s not really interested in a relationship with you. She’s just interested in money. Am I wrong? Caller: You’re spot on. Dave Ramsey: It still hurts because it’s your sister. But you didn’t cause any of it.

A woman asked Dave Ramsey if she should split her inheritance with the sister their mother left out of the will Caller: I have an inheritance, and my sister was left out of the will. Dave Ramsey: Whoa… why? Caller: I think there’s been conflict along the years that never got resolved. My mom was very strong-willed, and she just had enough. Dave Ramsey: So your mom was not in a relationship with your sister, and chose not to leave her anything as a result? Caller: Exactly. Dave Ramsey: Well, that sounds reasonable. Caller: Oh wow, okay. Dave Ramsey: Why would your mom leave something to somebody that doesn’t speak to her? Caller: She said, “Are you going to split this with me? I just want to know. Because if you’re not, that means you agree with Mom.” George Kamel: We’re not taking that guilt trip. No, thank you. That’s on her. Dave Ramsey: You not giving her money is not cutting the relationship off. She is choosing to cut the relationship off. Caller: Oh, that makes sense. Dave Ramsey: You didn’t choose. She chose. I’m sorry, it hurts, though. Dave Ramsey: She’s not really interested in a relationship with you. She’s just interested in money. Am I wrong? Caller: You’re spot on. Dave Ramsey: It still hurts because it’s your sister. But you didn’t cause any of it.

‏ً

78,116 Aufrufe • vor 1 Monat

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_✂️

559,375 Aufrufe • vor 3 Monaten

I'm 24yrs old, makes $320,000 a month and drive a Rolls-Royce Ghost. Caller: I'm paying $3,200 a month for my Rolls-Royce Ghost lease. Dave Ramsey: What do you make? Caller: About $320,000 a month. Dave Ramsey: A month? Caller: Yeah. I own a digital marketing company. Dave Ramsey: You're making almost $4 million a year at 24 years old? Caller: Yes. Dave Ramsey: Then quit worrying about the lease. If you want the car, buy the car. The bigger issue isn't the Rolls-Royce. It's believing you'll make this kind of money forever. Caller: What do you mean? Dave Ramsey: Digital businesses change fast. What's working today might not be working two years from now. Bank a lot of this money. Invest a lot of this money. Because I don't want you looking back at 24 as the good old days. Caller: Fair enough. Dave Ramsey: Enjoy the success. Just don't spend like it's guaranteed to last forever.

I'm 24yrs old, makes $320,000 a month and drive a Rolls-Royce Ghost. Caller: I'm paying $3,200 a month for my Rolls-Royce Ghost lease. Dave Ramsey: What do you make? Caller: About $320,000 a month. Dave Ramsey: A month? Caller: Yeah. I own a digital marketing company. Dave Ramsey: You're making almost $4 million a year at 24 years old? Caller: Yes. Dave Ramsey: Then quit worrying about the lease. If you want the car, buy the car. The bigger issue isn't the Rolls-Royce. It's believing you'll make this kind of money forever. Caller: What do you mean? Dave Ramsey: Digital businesses change fast. What's working today might not be working two years from now. Bank a lot of this money. Invest a lot of this money. Because I don't want you looking back at 24 as the good old days. Caller: Fair enough. Dave Ramsey: Enjoy the success. Just don't spend like it's guaranteed to last forever.

RealGold⚜️

2,171,230 Aufrufe • vor 2 Monaten

Caller: “We’re about $34,000 in credit card debt, and we have an $11,000 loan on our car and about $100,000 in student loans combined.” Dave Ramsey: “OK. And what’s your household income?” Caller: “About $28,000.” Dave Ramsey: “Huh? A year?” Caller: “Yeah.” Dave Ramsey: “OK. Who’s not working?” Caller: “Me.” Dave Ramsey: “Why?” Caller: “My daughter is at home and I’m suffering from anxiety.” Dave Ramsey: “Alright. Let me give you a couple of facts. Student loans are not bankruptable, so after bankruptcy you’ll still have $100,000 in student loan debt. Your household income is $28,000. Y’all are starving to death, and bankruptcy will not fix your income problem. “If you keep the car, you’ll still have the $11,000 car loan. So really, the only debt bankruptcy clears is the $34,000 in credit cards.” “Who sued you over the credit card?” Caller: “Credit One Bank.” Dave Ramsey: “OK. And how much do you owe them?” Caller: “$1,006.” Dave Ramsey: “OK. The third fact is debt relief attorneys are generally bankruptcy attorneys. If you ask a bankruptcy attorney if you’re bankrupt, that’s like asking a dog if it’s hungry. “So the advice you were getting was self-serving. If you’re keeping the car, you’re really not filing bankruptcy on much. And it’s a $1,000 lawsuit that’s triggering all this. “You have a household income of $28,000, which is less than half the typical household income in America. I’m not shaming you. I’m just saying you guys have an income issue.” Dave Ramsey: “What’s your husband do for a living?” Caller: “He works at a car dealership.” Dave Ramsey: “Doing what?” Caller: “Driving cars.” Dave Ramsey: “33 hours a week? And how old are you guys?” Caller: “We’re in our 40s.” Dave Ramsey: “OK. I’m not a mental health professional, and I know anxiety is real. I’m not qualified to tell you when you can go back to work. “But I am qualified to tell you your family needs income. Thirty-three hours a week is not enough when your family is this broke. Your husband needs more work. He’s in his 40s, and I don’t want him in his 50s still making $28,000 a year driving cars.”

Caller: “We’re about $34,000 in credit card debt, and we have an $11,000 loan on our car and about $100,000 in student loans combined.” Dave Ramsey: “OK. And what’s your household income?” Caller: “About $28,000.” Dave Ramsey: “Huh? A year?” Caller: “Yeah.” Dave Ramsey: “OK. Who’s not working?” Caller: “Me.” Dave Ramsey: “Why?” Caller: “My daughter is at home and I’m suffering from anxiety.” Dave Ramsey: “Alright. Let me give you a couple of facts. Student loans are not bankruptable, so after bankruptcy you’ll still have $100,000 in student loan debt. Your household income is $28,000. Y’all are starving to death, and bankruptcy will not fix your income problem. “If you keep the car, you’ll still have the $11,000 car loan. So really, the only debt bankruptcy clears is the $34,000 in credit cards.” “Who sued you over the credit card?” Caller: “Credit One Bank.” Dave Ramsey: “OK. And how much do you owe them?” Caller: “$1,006.” Dave Ramsey: “OK. The third fact is debt relief attorneys are generally bankruptcy attorneys. If you ask a bankruptcy attorney if you’re bankrupt, that’s like asking a dog if it’s hungry. “So the advice you were getting was self-serving. If you’re keeping the car, you’re really not filing bankruptcy on much. And it’s a $1,000 lawsuit that’s triggering all this. “You have a household income of $28,000, which is less than half the typical household income in America. I’m not shaming you. I’m just saying you guys have an income issue.” Dave Ramsey: “What’s your husband do for a living?” Caller: “He works at a car dealership.” Dave Ramsey: “Doing what?” Caller: “Driving cars.” Dave Ramsey: “33 hours a week? And how old are you guys?” Caller: “We’re in our 40s.” Dave Ramsey: “OK. I’m not a mental health professional, and I know anxiety is real. I’m not qualified to tell you when you can go back to work. “But I am qualified to tell you your family needs income. Thirty-three hours a week is not enough when your family is this broke. Your husband needs more work. He’s in his 40s, and I don’t want him in his 50s still making $28,000 a year driving cars.”

𝓢𝓵𝓪𝓶 👁️⃤

133,246 Aufrufe • vor 1 Monat

Caller: I have a gambling addiction. I haven’t filed taxes in five years. About five years ago, I had $200,000 in gambling winnings. After that, I haven’t filed anything. Dave Ramsey: Do you still have a career? Caller: I'm retired. Dave Ramsey: Okay. Do you have any money? Anything? Caller: I've got almost $10,000 in my savings account. Dave Ramsey: But you don't have a nest egg other than your pension. Caller: No. Dave Ramsey: Do you own a home? Caller: Yes. About $13,000 is remaining on the mortgage. Dave Ramsey: What is it worth? Caller: About $300,000. Dave Ramsey: And how much is your pension income? Caller: $95,000 a year. Dave Ramsey: That's good. Are you married? Caller: No. Dave Ramsey: Have you done something about the gambling addiction itself? Have you quit gambling? Caller: I have not. Dave Ramsey: Okay. So whatever we do is going to be a temporary fix because that is going to cause further problems. Agreed? Caller: Yes, absolutely. Dave Ramsey: What kind of gambling are you doing? Caller: Slot machines. Dave Ramsey: Are you lonely? Caller: Yeah. I've been single for quite a while. Dave Ramsey: How old are you? Caller: 61. Dave Ramsey: From working with people addicted to anything, I know that 100% of addicts eventually have financial problems. The addiction consumes every department of your life, including your financials. I can help you with the money parts of it, but it is a temporary fix until you deal with this. It's not bringing you joy. If you were my buddy sitting down over a cup of coffee, here is what I would tell you to do: Step 1: Get in touch with the Gamblers Anonymous folks in your area. Step 2: Find a good local church and start developing a personal relationship with a pastor who can walk with you. Step 3: Find a one-on-one professional counselor to help dig into what is really going on so you can get to the other side of this.

Caller: I have a gambling addiction. I haven’t filed taxes in five years. About five years ago, I had $200,000 in gambling winnings. After that, I haven’t filed anything. Dave Ramsey: Do you still have a career? Caller: I'm retired. Dave Ramsey: Okay. Do you have any money? Anything? Caller: I've got almost $10,000 in my savings account. Dave Ramsey: But you don't have a nest egg other than your pension. Caller: No. Dave Ramsey: Do you own a home? Caller: Yes. About $13,000 is remaining on the mortgage. Dave Ramsey: What is it worth? Caller: About $300,000. Dave Ramsey: And how much is your pension income? Caller: $95,000 a year. Dave Ramsey: That's good. Are you married? Caller: No. Dave Ramsey: Have you done something about the gambling addiction itself? Have you quit gambling? Caller: I have not. Dave Ramsey: Okay. So whatever we do is going to be a temporary fix because that is going to cause further problems. Agreed? Caller: Yes, absolutely. Dave Ramsey: What kind of gambling are you doing? Caller: Slot machines. Dave Ramsey: Are you lonely? Caller: Yeah. I've been single for quite a while. Dave Ramsey: How old are you? Caller: 61. Dave Ramsey: From working with people addicted to anything, I know that 100% of addicts eventually have financial problems. The addiction consumes every department of your life, including your financials. I can help you with the money parts of it, but it is a temporary fix until you deal with this. It's not bringing you joy. If you were my buddy sitting down over a cup of coffee, here is what I would tell you to do: Step 1: Get in touch with the Gamblers Anonymous folks in your area. Step 2: Find a good local church and start developing a personal relationship with a pastor who can walk with you. Step 3: Find a one-on-one professional counselor to help dig into what is really going on so you can get to the other side of this.

Traeyz ♠️

1,051,570 Aufrufe • vor 1 Monat

A coffee shop owner making $750K a year asks Dave Ramsey which debt he should pay off first: Caller: "My wife and I own some coffee shops. We have about 100 employees, did $4.2 million last year, and we're unsure whether to attack our personal debt or our business debt first." Dave Ramsey: "Well... they're all personal. The SBA loans were signed personally." Caller: "We've got about $270,000 in vehicle loans..." Dave Ramsey: "How many vehicles?" Caller: "Four. The bulk of that is our personal vehicles. They're very expensive." Dave Ramsey: "You made $4.2 million. What was your net profit?" Caller: "About 15%. I also have a day job making about $250,000." Dave Ramsey: "So you've got a $750,000 household income?" Caller: "Yes." Dave Ramsey: "And the SBA loans?" Caller: "About $1 million." Dave Ramsey: "Other debt?" Caller: "$55,000 to the IRS, a $1.9 million mortgage, a $200,000 HELOC, and a $280,000 flip house." Dave Ramsey: "You're a busy guy. You're flipping houses, running 11 coffee shops, and have a full-time job."

A coffee shop owner making $750K a year asks Dave Ramsey which debt he should pay off first: Caller: "My wife and I own some coffee shops. We have about 100 employees, did $4.2 million last year, and we're unsure whether to attack our personal debt or our business debt first." Dave Ramsey: "Well... they're all personal. The SBA loans were signed personally." Caller: "We've got about $270,000 in vehicle loans..." Dave Ramsey: "How many vehicles?" Caller: "Four. The bulk of that is our personal vehicles. They're very expensive." Dave Ramsey: "You made $4.2 million. What was your net profit?" Caller: "About 15%. I also have a day job making about $250,000." Dave Ramsey: "So you've got a $750,000 household income?" Caller: "Yes." Dave Ramsey: "And the SBA loans?" Caller: "About $1 million." Dave Ramsey: "Other debt?" Caller: "$55,000 to the IRS, a $1.9 million mortgage, a $200,000 HELOC, and a $280,000 flip house." Dave Ramsey: "You're a busy guy. You're flipping houses, running 11 coffee shops, and have a full-time job."

Bee♧

339,873 Aufrufe • vor 1 Monat

Dave Ramsey tells caller American Citizens are not allowed to own Real Estate in Mexico Caller: “I want to buy a beach condo in Mexico for $350,000… with my inheritance.” Dave Ramsey: Do you have the cash? Caller: Yes. Dave Ramsey: If you lost the condo tomorrow, would your life still be okay? Caller: Yes. Dave Ramsey: Then I’d probably do it. Caller: Seriously? I thought you’d tear me apart. Dave: Just remember… buying property in Mexico isn’t like buying in the U.S. Caller: How so? Dave: You don’t technically own it. It’s held through a Mexican trust, and the rules are different. Dave: “Go in with your eyes open. If you’re comfortable with the risk, enjoy the beach.”

Dave Ramsey tells caller American Citizens are not allowed to own Real Estate in Mexico Caller: “I want to buy a beach condo in Mexico for $350,000… with my inheritance.” Dave Ramsey: Do you have the cash? Caller: Yes. Dave Ramsey: If you lost the condo tomorrow, would your life still be okay? Caller: Yes. Dave Ramsey: Then I’d probably do it. Caller: Seriously? I thought you’d tear me apart. Dave: Just remember… buying property in Mexico isn’t like buying in the U.S. Caller: How so? Dave: You don’t technically own it. It’s held through a Mexican trust, and the rules are different. Dave: “Go in with your eyes open. If you’re comfortable with the risk, enjoy the beach.”

hi (𝜏)

670,311 Aufrufe • vor 1 Monat

Dave Ramsey: How much student loan debt do you have? Caller: About $550,000 Dave Ramsey: $550,000? Caller: Yeah. Dave Ramsey: What is your field of study? Caller: Medicine. Family practice. Dave Ramsey: Why did it take $550,000 to do family practice? Caller: Poor decisions and misguided advice early on to not worry about loans. Dave Ramsey: Family practice. What are you looking at, a hundred and a half a year? Caller: $180,00] starting. Dave Ramsey: Why does it take eight years if you're making $180,000? You could live on $80,000, put $100,000 on it, and be done in five years. Caller: After taxes and tithing, I'm down to $110,000. We plan to put about $85,000 a year toward it, leaving $20,000 to $30,000 to live off of. With the interest rate, it will take about eight years. Dave Ramsey: Your income doesn't go up in your scenario? Caller: That is building in a 5% raise every year. Dave Ramsey: I think you'll get more raises than that. Can you work ER on the weekends? Caller: The place I'm signed with won't let me work other jobs so I don't come in tired. But they said they can put me to work as much as I need. Dave Ramsey: You could pick up another $100,000 a year working ER on the weekends if you have the stamina. I want to increase the size of your shovel. I'm not going to accept the eight years; I'm going with a four or five-year plan. And yes, I am going to delay retirement because this is a vast problem.

Dave Ramsey: How much student loan debt do you have? Caller: About $550,000 Dave Ramsey: $550,000? Caller: Yeah. Dave Ramsey: What is your field of study? Caller: Medicine. Family practice. Dave Ramsey: Why did it take $550,000 to do family practice? Caller: Poor decisions and misguided advice early on to not worry about loans. Dave Ramsey: Family practice. What are you looking at, a hundred and a half a year? Caller: $180,00] starting. Dave Ramsey: Why does it take eight years if you're making $180,000? You could live on $80,000, put $100,000 on it, and be done in five years. Caller: After taxes and tithing, I'm down to $110,000. We plan to put about $85,000 a year toward it, leaving $20,000 to $30,000 to live off of. With the interest rate, it will take about eight years. Dave Ramsey: Your income doesn't go up in your scenario? Caller: That is building in a 5% raise every year. Dave Ramsey: I think you'll get more raises than that. Can you work ER on the weekends? Caller: The place I'm signed with won't let me work other jobs so I don't come in tired. But they said they can put me to work as much as I need. Dave Ramsey: You could pick up another $100,000 a year working ER on the weekends if you have the stamina. I want to increase the size of your shovel. I'm not going to accept the eight years; I'm going with a four or five-year plan. And yes, I am going to delay retirement because this is a vast problem.

Traeyz ♠️

1,928,252 Aufrufe • vor 1 Monat

My husband won $1 MILLION over a random scratch off ticket. Caller: My husband stopped at a gas station, bought a random scratch-off ticket, and won $1 million. Dave Ramsey: You're kidding. Caller: We're still in shock. He came home and couldn't even get the words out. Dave Ramsey: So what happens now? Caller: We took the lump sum. After everything, we expect to receive a little over $400,000. Dave Ramsey: The first thing I'd do is stop taking financial advice from Google. Caller: Really? Dave Ramsey: Absolutely. When you're dealing with life-changing money, internet research isn't a financial plan. Before you make a single move, sit down with a qualified tax professional. Learn exactly what you owe. Learn exactly what you have. Then make decisions from facts, not guesses. Caller: So don't rush? Dave Ramsey: Exactly. The lottery changed your bank account overnight. That doesn't mean you need to change your life overnight.

My husband won $1 MILLION over a random scratch off ticket. Caller: My husband stopped at a gas station, bought a random scratch-off ticket, and won $1 million. Dave Ramsey: You're kidding. Caller: We're still in shock. He came home and couldn't even get the words out. Dave Ramsey: So what happens now? Caller: We took the lump sum. After everything, we expect to receive a little over $400,000. Dave Ramsey: The first thing I'd do is stop taking financial advice from Google. Caller: Really? Dave Ramsey: Absolutely. When you're dealing with life-changing money, internet research isn't a financial plan. Before you make a single move, sit down with a qualified tax professional. Learn exactly what you owe. Learn exactly what you have. Then make decisions from facts, not guesses. Caller: So don't rush? Dave Ramsey: Exactly. The lottery changed your bank account overnight. That doesn't mean you need to change your life overnight.

RealGold⚜️

53,635 Aufrufe • vor 2 Monaten

"I'm Barely Making It Off $180,000 A Year!" A caller told Dave Ramsey he can't afford life on a combined $180,000 income Dave Ramsey: "You're explaining to me why you can't get by on $180,000?" Caller: "Childcare is about $80,000 a year" Dave Ramsey: "Why? Did you buy them a college?" "Are they going to Harvard? That's just dumber than crap" Jade: "It's time to take the kids off of lemon. Find a free summer camp" Dave Ramsey: "We're gonna take out student loans for the four year old?!" "You make $180,000. I think you need to become frugal"

"I'm Barely Making It Off $180,000 A Year!" A caller told Dave Ramsey he can't afford life on a combined $180,000 income Dave Ramsey: "You're explaining to me why you can't get by on $180,000?" Caller: "Childcare is about $80,000 a year" Dave Ramsey: "Why? Did you buy them a college?" "Are they going to Harvard? That's just dumber than crap" Jade: "It's time to take the kids off of lemon. Find a free summer camp" Dave Ramsey: "We're gonna take out student loans for the four year old?!" "You make $180,000. I think you need to become frugal"

Voss ×͜×

72,980 Aufrufe • vor 17 Tagen

Dave Ramsey Expose Shaq As A "Greedy Rich Person" Dave Ramsey: "...that James our producer decided we're going to start exposing how horrible and greedy and evil they are on a pretty regular basis. So, Karissa Collins is the owner of the popular Instagram account The Collins Kids, which consists of her and her nine children. The social media influencer revealed on Tuesday that this guy with a $400 million net worth, he's kind of a short guy, and um..." Dr John Delony: "James?" Dave Ramsey: "No." Dr. John Delony: "George Kamel?" Dave Ramsey: "No, the guy with the guy with the $400 million net worth, that would not be James and that would not be George Kamel." Dr. John Delony: "Catch... Oh, that's my bad, my bad." Dave Ramsey: "Yeah, his name is Shaq. You might have heard of him." Dr. John Delony: "Shaq! Shaquille O'Neal, there we go." Dave Ramsey: "You might have heard of him, yeah. So, he took the Collins family out to dinner at Babe's Chicken. The next day he took them to the Mercedes-Benz dealer and bought them a 15-passenger van. After buying the car, they went out to dinner again at the Rainforest Cafe, where he dropped another thousand bucks with the tip on the waitress just the tip to the waitress alone. And after dinner, he noticed uh Karissa's husband's truck, which was the heat and air and the air conditioning was falling apart. You know, it was a dumpy truck, and so he took him down to the Ford dealership and bought him a new truck. Who is Shaq?" Dr. John Delony: "You know I could get Dave Ramsey: "Is he like Elvis? Buying people cars?" Dr. John Delony: "I get choked up on these things, I get choked up on these things, man." Dave Ramsey: "This is amazing!"

Dave Ramsey Expose Shaq As A "Greedy Rich Person" Dave Ramsey: "...that James our producer decided we're going to start exposing how horrible and greedy and evil they are on a pretty regular basis. So, Karissa Collins is the owner of the popular Instagram account The Collins Kids, which consists of her and her nine children. The social media influencer revealed on Tuesday that this guy with a $400 million net worth, he's kind of a short guy, and um..." Dr John Delony: "James?" Dave Ramsey: "No." Dr. John Delony: "George Kamel?" Dave Ramsey: "No, the guy with the guy with the $400 million net worth, that would not be James and that would not be George Kamel." Dr. John Delony: "Catch... Oh, that's my bad, my bad." Dave Ramsey: "Yeah, his name is Shaq. You might have heard of him." Dr. John Delony: "Shaq! Shaquille O'Neal, there we go." Dave Ramsey: "You might have heard of him, yeah. So, he took the Collins family out to dinner at Babe's Chicken. The next day he took them to the Mercedes-Benz dealer and bought them a 15-passenger van. After buying the car, they went out to dinner again at the Rainforest Cafe, where he dropped another thousand bucks with the tip on the waitress just the tip to the waitress alone. And after dinner, he noticed uh Karissa's husband's truck, which was the heat and air and the air conditioning was falling apart. You know, it was a dumpy truck, and so he took him down to the Ford dealership and bought him a new truck. Who is Shaq?" Dr. John Delony: "You know I could get Dave Ramsey: "Is he like Elvis? Buying people cars?" Dr. John Delony: "I get choked up on these things, I get choked up on these things, man." Dave Ramsey: "This is amazing!"

Hecto Crypto | NetLink ⛓

43,571 Aufrufe • vor 1 Monat

Dave Ramsey is a smart guy. Why he doesn’t understand bitcoin or why he believes that people are “Losing their butts by investing in Bitcoin” is beyond me….

Dave Ramsey is a smart guy. Why he doesn’t understand bitcoin or why he believes that people are “Losing their butts by investing in Bitcoin” is beyond me….

Digital Asset News

66,232 Aufrufe • vor 11 Monaten

Daniel: Hey Dave. I recently got married. My wife graduates dental school in May… but she’s bringing about $750,000 in student loans. Dave Ramsey: $750,000? What degree did she get? Daniel: Dentistry. Dave Ramsey: Jesus Murphy… You have no idea what you just said. Daniel: I know it's a lot. I also have about $40,000 in debt from credit cards and a car loan. She should earn around $175K–$225K a year, but I just can't see the light at the end of the tunnel. How do we dig out of this? Dave Ramsey: Is she graduating soon? Does she already have a job lined up? Daniel: She graduates in May. She's waiting on her credentials before applying, but she's already looking at opportunities. Dave Ramsey: Here's the thing I can tell by the way you're talking that you and your wife haven't fully grasped how devastating this situation really is…

Daniel: Hey Dave. I recently got married. My wife graduates dental school in May… but she’s bringing about $750,000 in student loans. Dave Ramsey: $750,000? What degree did she get? Daniel: Dentistry. Dave Ramsey: Jesus Murphy… You have no idea what you just said. Daniel: I know it's a lot. I also have about $40,000 in debt from credit cards and a car loan. She should earn around $175K–$225K a year, but I just can't see the light at the end of the tunnel. How do we dig out of this? Dave Ramsey: Is she graduating soon? Does she already have a job lined up? Daniel: She graduates in May. She's waiting on her credentials before applying, but she's already looking at opportunities. Dave Ramsey: Here's the thing I can tell by the way you're talking that you and your wife haven't fully grasped how devastating this situation really is…

The Carnage Edit

292,775 Aufrufe • vor 1 Monat

Father and son built a $3 million business from scratch. Now the father owns 51%, doesn't work in the company... ...but still takes $20,000 every month. The son says he's reached his breaking point. Caller: "My dad doesn't participate in the business anymore. He just keeps taking the money, and I feel like I can't grow the company because so much of the profit goes to him." Dave Ramsey: "You have to separate ownership from employment." Dave Ramsey: "Someone can own part of a company without working there. That's perfectly fine. But someone who doesn't work there should not be getting a salary. You're running a $3 million company. You should be paid like the CEO first." Caller: "Right now we both just take about $20,000 a month." Dave Ramsey: "That's the problem. You've completely mixed up salary and ownership. Get yourself on payroll as the CEO. Then whatever is left is profit.. and profits get split between the owners." Caller: "I agree." Dave Ramsey: "Once that's fixed, then you can have the conversation about buying him out."

Father and son built a $3 million business from scratch. Now the father owns 51%, doesn't work in the company... ...but still takes $20,000 every month. The son says he's reached his breaking point. Caller: "My dad doesn't participate in the business anymore. He just keeps taking the money, and I feel like I can't grow the company because so much of the profit goes to him." Dave Ramsey: "You have to separate ownership from employment." Dave Ramsey: "Someone can own part of a company without working there. That's perfectly fine. But someone who doesn't work there should not be getting a salary. You're running a $3 million company. You should be paid like the CEO first." Caller: "Right now we both just take about $20,000 a month." Dave Ramsey: "That's the problem. You've completely mixed up salary and ownership. Get yourself on payroll as the CEO. Then whatever is left is profit.. and profits get split between the owners." Caller: "I agree." Dave Ramsey: "Once that's fixed, then you can have the conversation about buying him out."

Voss ×͜×

592,979 Aufrufe • vor 1 Monat