How Should I Use The Money From Selling My House?

Подписаться 3,5 млн

Просмотров 33 тыс.

50% 1

How Should I Use The Money From Selling My House?
Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: bit.ly/3hc6Pgt
Visit the Dave Ramsey store today for resources to help you take control of your money! goo.gl/gEv6Tj
The new Borrowed Future uncovers the dark side of the student loan industry and exposes how the system is built to work against you.
Watch Now: bit.ly/3j9FOLl
Did you miss the latest Ramsey Show episode? Don’t worry-we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!
Want to watch FULL episodes of The Ramsey Show? Make sure to go to The Ramsey Show (Full Episodes) at: www.youtube.co...
Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!
Ramsey Network (Subscribe Now!)
• The Ramsey Show (Highlights):
www.youtube.co...
• The Ramsey Show (Full Episodes): www.youtube.co...
• The Dr. John Delony Show: www.youtube.co...
• The Rachel Cruze Show: www.youtube.co...
• The Ken Coleman Show: www.youtube.co...
• The Christy Wright Show: www.youtube.co...
• EntreLeadership: www.youtube.co...

Опубликовано:

14 окт 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 56

@kevinandersson2133 2 года назад

I'm so glad that I've found you and your crew Dave. You and minimalism has helped me to shift my focus and priorities in life. I'm 4 months or 37000sek away from being debt free, just in time for my 25th birthday. Greetings from Sweden and thank you for everything you do for people!

@ellencox8415 2 года назад

You got this!

@putra9mulia 2 года назад

awesome!

@nnyv0040 2 года назад

Should've used that 50k she donated to put in her savings, mutual funds or retirement fund. Now she has no house but $188k, living in her sister's house with no retirement fund and no emergency fund.

@shanep2760 2 года назад

Yeah it definitely sounds like she will be needing that 50k more than her church.

@danielwilburn8080 2 года назад

@@shanep2760 The church uses that money to help other people. Tithing is a personal and spiritual choice. Giving 10% also allows you to manage the other 90% much better. Speaking of how the church helps people, I will say that I have people in my life that has had to rely on the church for temporary assistance when going through stuff and it helped them go through a lot. The counter argument to this is “well you shouldn’t help others if you can’t help yourself.” And to that I say, giving 10% of what you make will help you spend the other 90% better. And God does say he will bless you if you tithe and to test him on this. He does not say it will bring monetary value, but I have seen that happen often. If you don’t believe in any of that, well, then that’s what she believes. Anyways, Happy Thanksgiving

@kat-oe7gb 2 года назад

She should have only giving the 10%.

@jayc4715 8 месяцев назад

@@kat-oe7gb0% be better

@crazeekids9744 2 года назад

She needs to put that money into some kind of a retirement account as soon as she gets a job that possibly can give her some benefits, or any job at all for that matter. They definitely do not need to be throwing all of this money into land when there is no steady income coming in

@curiouslights7111 2 года назад

It started out real good, and then we got more information😶

@Jay-sy8ls 2 года назад

This call got worse by the second. She is actually in a really bad situation. She haven't worked in decades, she has no financial literacy, she's 54 years old, no retirement, and a really bad plan for the money.

@hollyb6885 2 года назад

Did she really say she tithed money to the church but she has no medical insurance or retirement funds at age 54 ?That’s just stupid.

@superblump87 2 года назад

That's religion for ya.

@Mc.flyyy11 2 года назад

Agreed

@matthewgardner2144 2 года назад

And if she needed money, the church would say "oh sorry".

@danielwilburn8080 2 года назад

@@matthewgardner2144 I’ve known plenty of people in my life that have been helped by the church during times of need. It was just what they needed at the time to get them through hard times and it’s a beautiful thing to see and be a part of. Maybe don’t be so quick to make assumptions of her church. I’m sure you’ve had a bad experience at a church, but try asking for help from multiple. I’m sure you’d find it :)

@aleahuggins 2 года назад

Perhaps her church will graciously help her if she needs it later in life. However, I have to agree that donating so much money given her financial situation, which is dire, wasn't a wise move. If she ends up with $50k in medical bills from an unexpected accident or illness, is her church going to pay it for her? Maybe if she's incredibly lucky, but I'd bet unlikely.

@deanalbertson7203 2 года назад

In my opinion this lady needs to get a job, and start an individual retirement account.

@aolvaar8792 2 года назад

at 60 yrs old, Widow SSA benefit, maybe $2-2.5K/mo

@pisces3121 2 года назад

@@aolvaar8792 Not if her husband only worked off books. You heard her say that he left no insurance, had no money or retirement. Seems like the type of guy that "forgot" to pay into Social Security. I don't know much about widow benefit....I'll have ot look that one up

@manderm 2 года назад

It sounds like a great position but when you have no retirement at 54 and only 188k that's not brilliant. Hope she sorts that out and best of luck to her.

@Logan69420 2 года назад

I mean you could be 54 on the street with nothing so..

@superblump87 2 года назад

@@Logan69420 doesn't mean she's in a good situation.

@jerryjayson67 Год назад

If she had a high interest rate with her original 250K she could of invested in a high interest rate savings broker or bank like 4.6 % R?obinhood now shed make over 1k a month

@Winnie-Kay 2 года назад

No one cautioned her against purchasing land with her sister.

@TheEtherealgrl 2 года назад

Things they glossed over- "we" are going to buy land - who is we? Are you and your sister buying it together? If so what are the legal implications of that? Second....15-20k is this woman's recommended 3-6 month emergency fund? Her expenses are currently 300 bucks a month.

@a33m3a 2 года назад

But when emergencies come up, the emergency doesn’t sit around and decide how much it’s gonna cost based on your living expenses. If her car entirely breaks down and she needs a new car, $900 won’t get her anything. I think an emergency fund should be based on your monthly expenses unless your expenses are really low, then it should at least be $10k

@pisces3121 2 года назад

He's basing that figure off what is a realistic amount of $$ needed. She's living in a dream world to think $1800 in savings will be enough for an emergency. Never know how long her sister and she will live together etc.

@deborahhallett2505 2 года назад

Reinvest in income property!

@thuggyduggy1525 2 года назад

George is doing a great job! Go George!!!!

@tristanrodenhauser5267 8 месяцев назад

Please get a W-2 job and pay taxes for 10-12 yrs to get minimum SS. Keep saving as much as possible. She needs to see if her husband left any SS. Hope she doesn’t touch the money for ten yrs so it will grow.

@nicog4419 Год назад

Me and my mom live in Texas we live in a mobile home we’ve gotten offered 48k way over the property value but we just don’t know what do after like where to move get a house get an apt we need advice any tips would help

@livingunashamed4869 2 года назад

Invest it and let it sit for a decade then retire. She doesn't need too much according to her so 500k in retirement should be good.

@jayc4715 Год назад

Old people with cash is a bad combo

@NeverwinterJunky Год назад

And I also belive that tithing is a form of charity. Take care of you and your family first. The church should not be taking money from people who can't afford it.

@paulorr9262 2 года назад

Good advice, if she would have put that in apple eight months ago she would have lost almost 20k

@jameswheat4225 2 года назад

What a glass half full sweet lady... God bless her

@susana2917 Год назад

Wow no retirement no health insurance that is hard. This call went from great to bad.

@Tom-dc9hh 2 года назад

Buy land cash only now and start building a fallback location

@murraysaucedo897 2 года назад

In this glorious Thanksgiving Day of Our Lord, do you make the pumpkin pie yourself or do you outsource that labor?

@superblump87 2 года назад

Outsource

@darcej72 Год назад

What lovely men! Bless her ♥

@DisabilityExams 2 года назад

One and a half years and needs the money - put it in a certificate of deposit.

@bettysmith4527 2 года назад

Oh boy, no retirement? Thats no bueno!

@Mc.flyyy11 2 года назад

Buy 50k worth of ethereum, the rest into s&p index fund and get a chill job with benefits and live minimalistic

@longbeach5045 2 года назад

Wow! So we can get good sleep

@rachelharrison7961 2 года назад

Is this woman able to collect Social Security or did her “wonderful” husband mess that up too by working under the table?

@fkillah 2 года назад

Shut up

@judymckee5992 2 года назад

Rachel, Her husband is an alcoholic, she said so.

@rachelharrison7961 2 года назад

@@judymckee5992 What does that have to do with whether he reported his income and has enough quarters for her to apply for survivor SS ?

@jayc4715 8 месяцев назад

She needs to get a CDL and get to the oilfield

@NeverwinterJunky Год назад

It annoys me that she extols living on 300 a month and then doesn't pay rent. I mean, do you think the sister feels the same? This woman is putting a lot of lipstick on a very bad-looking pig. Not entitely her fault, especially having lived with the husband she lived with all those years.