Americans Have A Problem... (Dave Ramsey Rant) 

Thanks, Dave! I'm gonna buy that book!

I love simplicity!!

Can you tell these morons that they need to wear masks and social distance?

You gotta get with Marie Kondo on this topic! She has "stiff" all figured out; God bless her. Learned a ton from her Netflix series and book.

I actually think Ramsey company has decided to become the most socially irresponsible company in America running a large conference now in A covid19 hotspot Florida where even his friend the governor has said it’s growing exponentially. I like some of his videos but I seriously could not work for a company that does this 🦠this virus loves 1 thing in particular large indoor gatherings...

MINIMALISM!! This is something I am so passionate about and wish everyone would try it. But as soon as I mention it they look at me crazy! You feel happy with what you have.

i live with one of everything. There is no need to have more than one because you can only use one at a time.

your 'stuff' really drags you down

I did this with clothes 2 years ago. Let me tell you, it's freeing. When I buy something, I let go of another.

I'm called a cheapskate for being minimalistic.

who don't care about them!!

BigBank New York 700$ car payments? Wow in my day 700 bucks was a mortgage payment.

All Seeing EYE The 60’s? Try the nineties when my mortgage payment on building a new small home on 4 and half acres was 600 per month and was paid off in less than five yrs. Because even in those recent times people saved and put down over 50% for what they wanted. If you can afford a 700 per month car payment then you can afford to save up to pay cash for a halfway decent used vehicle. In the 60’s people built basements to live in until they could afford to pay cash to build the rest of the house

All Seeing EYE, he stated, “In his day.” That refers to the past. English is clearly not your strong point, tough guy.

My friend says "some people like nice cars" and she says she's not doing it for others just for herself. So 🤷🏾‍♀️ some people you can't help. Meanwhile, my car is "a college car" (and I graduated college a long time ago). Oh well. I will take my $0 car payments any day of the week.

I'm so glad i've been a minimalist all my life..... ❤️

But doesn't that help job security as a driver?

Truth

🤔

💯💯💯

That is soooo true

Hey just a word of warning. If something you have now that you want to get rid of has previously served an important emotional function in your life but does not now and it's not costing you anything, don't throw it out. In about 10 years time you will regret you threw out your soccer ball that you used from ages 3-8 that you and your dad played with and now your dad is sick and fragile. Etc being with that ball will bring back memories.

Wisdom in the RU-vid comments section???? 🧐 But seriously, great observation!

I love this.

Love this! ❤

Nick Malcolm lol. Once in a blue moon.

I like that. Copying and pasting into my notes. Thanks!

Starting about two months ago me and my girlfriend bought a 1986 28 foot camper and have been living in it since. Coming from an apartment, it's been a very liberating experience!

name some extremely happy poor people

I'd rather be miserable and filthy rich and find happiness later than be poor and be happy. Emotions fluctuates.

@@zeblackboi nah

Sometimes More money is more problems

Money buys drugs which make you happy

no credit card to buy food or get take out on that night? Sad!

Right on! Congratulations!

@@genwunner6783 He did. He's just exaggerating for the story's sake.

@Marc Archibald lol, he wasn't suggesting I buy a friggin econobox... but a new truck that isn't anymore fuel efficient than the one I have, I work for a living, and that truck is a tool I use to accomplish real work for people that expect me to get it done... so... you know. I'm not just blowing wind up your kilt Marc.

Marc Archibald 🍻I meant no offense. I have 3 kilts. Trucks are needed even in Scotland I’m sure. Nessy can’t be on every job site! Just the one at a time hauling the heavy stuff. Clan Ferguson here. Cheers from America!

trwsandford My Dad did his best to push his 83 Dodge D150 to max miles, he died first in 98, oldest brother got it with around 350,000 miles I think, with lots of battle damage (it magnetically attracted cars that hit it, even when parked!) and he finally got rid of it after the second transmission rebuild (every 178,000 miles like clockwork!) failed, and the engine was randomly spewing oil past main bearings. Dad’s objective was a million miles, but it wore out in critical parts sooner than that. It got too expensive to keep it running. Eventually you’ll have the same thing, but if it’s still cheap to maintain and is reliable, I’d not replace it: as you say, it’s a truck! Beauty isn’t the important property, functionality is. If it’s all dinged up due to life, no stress worrying about new dings being added: it’s not going to keep it from being useful as a truck, and it’s old enough with enough miles that resale value doesn’t matter, and that’s great freedom!

They are both garbage. You can get quality handmade leather goods by independent artisans for a fraction of the cost.

why not buy them in china town new york there like 5$ each

They are because people will pay it. You can say that about anything. Nike, Adidas, under armour, literally any brand is more expensive that it should be, but if people are willing to pay it, it's worth it.

Sorry for my ignorance but what are those??

GS 93 clothing brands, luxury.

Maximilism is where it's at

I phone 5se

I'm with you on that. I'm driving a 2005 Suburban and using a refurbished Android phone that I got at Wally-world for $50. I am thinking about trading up on the vehicle though. I've got my eye on a 2011. 😁

You can just buy the phone you want or get it for free when you switch. I have an aunt with a 10 year old phone that doesn't hold a full battery for even one outing. But cars sure. Old cars are wonderful when maintained, but the phone companies know how to make phones that have flaws that force you to get a new one.

I hate buying new phones... I dont buy another one until my current one is terrible to use anymore

@@crazykaitlyn changing a phone battery should not cost more than $40

Chris Hogan. Hands down.

Anthony and Chris should be the post dave main guys. Especially Anthony.

Jasmine Carter Chris stays on Dave’s sac😂🤷🏿‍♀️

@Shadow of Satos From Leo: " Go after rich people", what are you saying, take their money away from them? That is NOT what JESUS taught. Do you know the personal life of every rich person? Do you know how many are writing big checks to ministries, how many are paying for kids that are not their own to go to camp? How about the rich folks that have big houses that let missionaries on break live with them for free? Why would you disrespect those who GOD has decided to gift with money earning skills? How is taking money from the rich, even if they are unbelievers biblical?

@@barbmelle3136 He does have a point. I've lived in Tulsa since the 80s surrounded by mega churches.

You don't need an invisible sky pixie or Jesus to find a finer point in existence and free yourself from stuff. You can do it on your own. Just saying.

@Shadow of Satos From Leo: I see that you are a theologian. Maybe you can help. Do you care to explain GOD'S response in the book of JOB 42: starting in verse 12? Maybe also how HE increased the wealth of Jacob. Or that JESUS himself was buried in a tomb donated by a rich guy, How about the vineyard owner that was overly generous to the workers who worked a short day? Or maybe how the wealthy man Boaz was instrumental in maintaining the Christ's bloodline through David? The Love of money is a problem, the wise use of money, barter, material possessions is not a problem. 1 John 3:17 is not possible if both are poor. Have you ever seen people in the same job, making the same money and one lives comfortably, and the other delcares bankruptcy do to poor spending habits? Please also elaborate where the Bible commissions others to go after anyone. Your statement was "Always confuses me why Christians don't go after rich people like liberals do". 2 Corinthians 9 says not to give under compulsion. I promise to keep reading my Bible on a regular basis. John 8:32

@@epiphany55 you'll change your tune when you reach the bottom of life's rabbit hole

Just don’t spend money you don’t have. Simple.

Buy what you need and not what you want ....also if you get into habit of paying off your credit cards in full every month you won’t have a problem..

Exactly, only seing numbers on a screen can really get you spending

That's what I do with clothes. I rather have 2 tailored dress shirts and suits than 50 Walmart suits.

We are getting buried in disposable fashion.

High-quality, American made products make a huge difference. Sad to see how well dollar stores are doing right now with so many great businesses closing.

That’s me👌

I used to think wanting less is where it's at too, bro, but I gotta tell ya... You will end up with nothing....if that's what ya want 🤣👌🏻

But "Requiring Less" is absolutely part of this plan they call happiness.

@@Macheako Is ending up with nothing a bad thing?

Having shelter sure makes me happier than being homeless. You don't need the most extravagant home, but having a home is a thing that keeps people happy. Money doesn't buy happiness, but a happy person feels even better with generational wealth. You don't have to live in the extremes (nothing or everything) that people tend to describe, but having wants helps drive many successful millionaires and billionaires. If you have no wants, you have no drive, and you will definitely need a "wants very little" mentality. I challenge you to not be normal... be driven to succeed and be successful. Think of your family instead of just yourself. It helps my family stay ahead of our peers and we are teaching our kids about wanting a sustainable family wealth and using their grit and hard work to continue the legacy. Trust me, it makes me very happy passing on wealth and real estate to my kids and eventually their kids.

No, things do make you happy, but it’s not worth the debt if you can’t afford them ha.

So true !! Amen 🙏🏽

so so true!!!

So true! Now that I’m debt free and saving. My “wants” are meaningless.

I was pushed into getting a credit card and resisted. As soon as the people who pushed it seen what I have saved up without having one it has never come up again. I think they took notes.

Yup!

What a great quote!! And so true!!

That’s a good one.

Nice. So true.

their*

Love your observation. So true.

*their

You are right on about that. And then I look at your picture. I know we know the same things.

I would agree 100% 👍

???? literally the opposite is true

I'm so poor the only area in my budget that I could cut back on would be food.

👏🏿👏🏿👏🏿👏🏿👏🏿

Your on the right track! How fortunate is your son to have a mom that is paving the road with great memories, debt free, no consumerism and life worth living! Good job!! 😁👏👏👏👏

@@asapasiafury4100 Thank you ☺

Yep, my ex of 8 years ruined my finances as well. Glad to hear you are recovering, overcoming, and moving forward! ♡

Same boat! 34 just divorced because of finance...thank god i am debt free but need to move to a cheaper place! Wish you the best as i am starting over too and know what it feels! Good luck dear!

@@bebop504 Same to you! 😊

Lots of “out of style” stuff that older adults were sure their kids would treasure. Sorry, we don’t want Hummel figurines.

Thats why i hate Estate sales

Tina Otte, I went to an auction by the heirs of this lady, the auctioneer wanted a bit of $1 for all the clothes,mink coats, handbags and nobody wants it. What a waste somebody spend all those money on.

Tina Otte Nobody wants that coveted China cabinet because who in hell’s acre uses China anymore? Same with those figurines.... dust collectors

Slide Girl What would you say would be good to keep for kids?

Fight Club is a great movie

I dont even know who the Joneses are, lol

Andrea Bailey me neither

@@gloryraineisawesome36years89 In the 50's, everyone in the US Middle Class tried to be as wealthy as them by buying everything the bought.

@@That-Wanderer the kardashians of the 50s

@@That-Wanderer The Joneses are probably more than half the people in this country that are pulling money out of their 401ks right now.

$129 for internet!!!! I pay £17 a month in the uk and think that can be reduced.

How many hours do you work per job on average?

I pay 29.99 per month for my 150mbps

Better you get a nicer job, so that you don’t have to work 5 jobs to save $129

@Heinrich Himmler You don't have to outsmart them...just ignore them.

@@danielabebe6869 exactly. They be smart but one that has full self control is truly smarter and more cunning.

@Heinrich Himmler they only influce those who listen. Best to listen to yourself, you will thank yourself.

💯

@Heinrich Himmler Anyone can get a bachelor's degree in marketing or psychology lol. All you need is a 2.0 GPA and all "C" grades which takes zero effort. I know because I have a Bachelors in business. Bachelor's degrees dont teach real world skills or practicality. It takes more than that.

ClintBeastwood I was actually thinking he should just sell it and then Dave said and I could not stop laughing 😂😂😂

Yes, he can probably get back 50% of original price when he sell it to the used luxury bag market.

Wendy Li beautiful thing about LV is it appreciates it’s value over the years.

😂😂😂😂😂😂

Happiness isn’t a target, it’s a result.

B Rod you didn’t understand their comment, did you?

Sami Amor 100% bud. Perhaps it’s you who didn’t understand mine...

B Rod I did, but that’s not the point of my question, is it?

I agree with minimalism but if we all followed it, our economy (US) would collapse. We have a consumer based economy. I'm all for reworking that system but if we all just followed Dave's advice and didn't spend much money until we retired our economy (structured the way it is now) would be terrible.

@@shurt703 it wouldn't be terrible, just not as productive.

It keeps getting worse. Now people are taking out loans before they’re 18 and majoring in Superman Studies.

@mbraxt11 70% of the US economy is consumer spending

@@shurt703 I do a 70 30 allocation of my net income. 50/50 if I can maintain a higher income. 15% invested for retirement, 15% saved for rainy days. Some people need to have some self discipline and save something.

Give it a few decades, they'll get there.

@@IJoeAceJRI I dont have enough now, saving until I can and still have some left over.

@ Workforce Management Analyst

If you’re plan is to really produce enough food for a year... don’t get rid of it all. Go visit a local farmers barn.

Our economy relies on massive consumerism. I agree with minimalism for myself, but this country"s economy would collapse if too many people adopted a minimalist lifestyle. Look at today's covid inspired economic damage. People aren't consuming as much and the economy suffers. Massive federal debt will soon cause devaluation of the dollar and increase economic problems. We're heading for a no-win situation.

There has to be a bottom for there to be a top.

That won't happen because the banks and credit card companies wouldn't make any money.

Go to the school library and learn. You already supposed to know how to read and do math.

My sister teaches a finance class in HS. She starts off the year telling all her kids that if they listen to her and do what she teaches, they will be millionaires by the time they are 35. We both came from very humble beginnings and now she's about to retire early! She's been on the Dave Ramsey wagon for years! So proud of her! I'm starting myself.

That's the job of parents.

@@blackworldtraveler3711 You would think it was far more complicated than that with the way people whine about it. Make sure you have more coming in than going out and spend wisely. Parents are not setting a good example, either

Never like something that can’t like you back.

Marc Archibald They are not “far, far richer” than me unless they own a lot of things. That’s kind of how being rich works.

Wait a little bit then you will get bored.

Just pay cash...and put it in your budget. Impulse buys can wreak havoc on your finances even when you do use your own money.

Just paying with cash won’t cut it cause you can pay with cash and spend all your cash...

No need for...soap?!? Well, I guess if you're not bathing, using razors or deodorant and not wearing clothes...maybe it's just as well for the people you'd encounter out in the world that you don't keep the car.

Demand for soap and shampoo decreased since most people started to work from home.

@@SherryEllesson Warm water with a scrub of some sort is all you need

This most be a joke

@@thecatnextdoor12 "at home hygiene" is more relaxed than "at work hygiene" Pretty sure that most people relaxed a bit on the hygiene if they found themselves working at home or not working

My decision to buy a house was a financial decision, I didn't let my emotions guide that decision. I looked at my long-term financial goal and found buying a house is more financially viable for my situation. Sure, I enjoy being able to do what I want with the house, but it isn't the reason I made my decision. I agree that making a decision thinking something will make you happier is a poor choice.

If you buy or rent you will spend money. If you rent,the money is making someone else rich. If you buy you're investing in yourself.

Perhaps but, I’m in part thinking of buying a house, because my rent keeps going up and it’s not worth it, for the space nor the lack of investment.

This is maybe one spot I don't agree with Dave and that is buying a house vs apartment. My wife and had an apartment the first year we were married and could not stand the environment, the ability of someone walking into my place when I was not home, and once when I was, the noise and lack of response on issues from the management. I made it a priority to get out and get a house. It paid off in the long term, as my home at that time, even though in a older not so attractive neighborhood, went up 20k in value. My second home has almost doubled in value. The only thing that doubles at an apartment is the rent. Even if the house owns you for a little while, long term it pays off big. Never ever again will I live in multi-remnant housing.

I feel your pain. I want a home, but cant afford to get one yet... or even find one

Alot of them are also problems caused by the United Status government, curious

@@SIGSEGV1337 those problems are mostly self inflicted wounds of people with too much faith in a government.

@@trwsandford No they are mostly the result of a ruling class devoid of religion save for the occasional republican lip service.

SIGSEGV and dislike of the environment, we are destroying our works because some 1% makes $$$$ off oil...

He has sound advice. I got burned following Suze Orman over Dave because she says debt is okay so I took out student loans which took me over a decade to pay off. Stick with Dave’s plan

I’m in the UK too. It’s hard not to feel inadequate sometimes with all the Audi’s / Merced’s driving around. But I keep telling myself that most people must be overspending to look richer than they are

That number seems low to me. Everyone I know is either leasing a car or has a loan to buy a car

@@dayday95644 agreed very low in my experience, my car is 12 years old and my colleagues look at me like I'm crazy with all their leased cars.

@Brinky Tax write-offs are overblown. You don't claim the money you spent against your taxes payable. You just don't have to pay taxes on that money. You still have to earn that money

Let him be. Worry about yourself. It’s like those Vegan people trying to change everyone around them.

The Cat Next Door Agreed definitely! That’s why I said I won’t judge him cause he prolly knows how to manage debt n money a certain way that I personally can’t .

Bradley Fourty 5 I heard him say that on JRE. He sounded genuine.

That’s because he is in copious amounts of debts...

Maybe it's because he's moving his company out of California

Elon is moving underground.

Easy to simplify when you're worth billions lol but I catch your drift.

I hate depreciating assets. I don’t want to ever buy a new car, for example

I share happiness all the time but they better have their own money. I am my own charity.

You can just tell them “no”

People at work were begging me to buy new clothes. I was paying a mortgage by myself and just getting by. Now I have new-ish car, house and some money in the bank. No debt.... and still not many clothes.

Awesome.

My garage is full....of woodworking tools! lol The big joiner/planer was bought used but the rest, saved for and purchased over time, help me finish the inside of my house, build bookcases and other furniture, and are a creative pastime.

@@SherryEllesson That makes sense. This is equipment that you're actually using and getting value/enjoyment from. Most of the time, it seems like people cram their property with stuff they never use. A good example is what I keep encountering when I rent while working out of state. Landlords have their place so packed with useless junk that they can't take even a few of your (the renter's) items. I'd suggested to one landlord that she have a massive garage sale to get rid of the semi-loads of junk and old, unused furniture from her garage and house. She said she needed to keep it because of the "nostalgic value". If I were a devil dictator, I'd force people to part with their junk and give it to the poor in place of some of their taxes. I'm both a landlord and tenant and my rental has plenty of room for my tenant's stuff - even though most my my stuff is there too.

It will break down on you and you will cry paying for it

@@unfairsanic5089 everything breaks down.. so I guess you just don't buy anything you want ever in life and then just die with money? And no I wouldn't cry because I can buy the car, keep up with it and fix if something goes wrong. The people who "cry" when it breaks are broke people who can't afford it.

Similar 😎👍

Being an old muscle car enthusiast, now retired, my priorities are different now. My 2013 Challenger R/T w/6 speed does it for me!

@@Donzaloon I think you are confused of the word quantity vs quality, my gold ring dosent break down, my 2 phone dosent break down and my toyota dosent break down since I bought it used, its called maintaining it while you are still alive if you are compairing it to a hellcat that its owned by fiat junkyard it will break down within 4 years of owning it and it will become endless money pit that no person will own it especially if you are middle class or broke, dont let car ad fool you