I'm $30,000 In Debt To My Siblings! (They Want Their Money Back Now!) 

The fact he called it "nagging" when they asked for the money says everything about him. They helped him out and now its his time to pay back he bails.

He went from $6k to $30k real quickly.

People who go out, or spend money on anything other than basic necessities, when they owe money are indulging in luxuries at the expense of the person who is waiting to be paid, and should be ashamed.

He’s terrible. I would never loan him anything again, he’s so flippant about owing family members! He should prioritize his family, pay them off, and never do this again, EVER.

As a kid my grandfather told me, never loan money to anyone. If you have something to give that's fine. A loan will cost your friend/relationship.

Something tells me that the sibling who wants back their $6k isn't being a squeaky wheel for no reason. He doubled his income and thinks it's an inconvenience to not party with his friends. What I hear is that he's doubled his income AND his partying, probably gloating about it while not repaying his siblings a cent "because he doesn't want to pay the bank charges on a wire transfer" and he "wants to be able to pay the full debt at once". Meanwhile his social media selfies showing himself living the "good" life while not paying them back anything has probably gotten to them.

“Empire Strikes Back” has Yoda with the try line.

His family will never loan money to him again and I wouldn’t either. The next call will be from his sister about her brother who was a bum and won’t pay her back 🤦🏽‍♀️

I’d hate to lend this guy money. Paying you back isn’t his priority. He has to go out.

"i will try not to go out." Sounds like this dude won't be paying his siblings anytime soon....

When I was young (around 12 or so), my uncle handed me a $100 bill. As a 12 year old in 1987, I was super excited. He then said "ok...TRY to drop it." So I dropped it on the table because I "tried" to drop it. He picked it up and said "thanks for giving me my money back." I was hurt. The excitement went away..."What is going on?" He then handed the $100 bill back to me and repeated, "TRY to drop it." So I "tried" to drop it but this time, I didn't let it go. I just made the movements as if I was "trying" to drop it. He then proceeded to teach me a lesson. YOU CAN'T TRY TO DO ANYTHING!!! Either you DO IT or you DON'T. When this guy said, I'll "Try" not to go out to eat, I laughed so hard because by "trying," you are literally leaving $100 bills on the table! (In case you are wondering, my uncle did let me keep the $100).

This guy was frustrating to listen to. I’d hate to have a sibling like this.

The only thing dumber than borrowing from relatives is borrowing from relatives without making a payment plan in writing.

This is why I believe family and finance should be kept separate. And I would even extend this practice to my close friends. IF (!!) you have to borrow money, better go to an evil bank. There have been plenty of family relationships gone south because of financial issues.

If you have an agreement to pay those family members payments , you pay now ,not when it fits you or any other programs. Keeping your word is very important.

Wow the way John explained how you can change your life in 90 days was by far the most inspiring thing I've heard on RU-vid

Disagree with Dave. if you ever borrow money from family (which you should never ever do) pay it off like it was a debt to the mafia. Sell anything that isn’t bolted down, work extra, starve, but get rid of family debt.

The caller is a typical family member who thinks its his family's obligation to bail him out of financial problems. I would never loan money again with this guy if I'm in the shoes of his family members.

Communication is key here. Talk with both siblings, lay out your repayment plan, and then DO IT.

I don't agree with this, you got to go with the family first, especially if your relationship is being strained by it. This is why you shouldn't borrow money with family or friends.

Its not nagging when you havent paid ANYTHING back.

I never lend money to family or friends, all it creates is problems with each other’s relationships. I either give you money for free or nothing, if you need money go get a loan from the bank

ugh, better get the family paid off, they deserve their money back.

This guy is immature. I'll try not to go out.... He needs to treat the debt as if it were cancer.

He just doesn’t want to pay it off

Mike Ramsey provides good advice ... except in this case ... never take advantage of your family ...Pay them first.

Dave used to say pay family first. What happened? I would be mad if my brother double his income and won’t pay me back. He would be dead to me and hope $6K is worth it for him.

You should pay the family off NOW. Get this stupid debt gone.

This guy sounds like every deadbeat I've ever known, especially when he talked about "trying" not to go out (with money that rightfully belongs to his siblings.)

This guy is trying to not pay the money. He’s not a nice guy or brother.

Wow he needs to pay both of them back simultaneously

A while back ago a friend of mine had a problem and was trying to come up with some money for a situation they were having, so I looked at my finances and decided I could gift them something. I didn't want to put pressure on our friendship with a loan. I think its just better to decide how much you can securely part with, to help out while not putting yourself out.

"Didn't you watch Star Wars I, there is no try, just do it." John Delony. Yes I know it's The Empire Strikes Back, but his quick wit says it all.

He makes 80000 and could live on 40000 and pay 40000 of debt and still go out to eat and one year he will be debt free

I needed to hear that 90 days advice.

Makes 80k per year and has 1200$ to his name🙄. Very irresponsible person

That was great advice from John. Wow!

I wonder what restaurant he ate at today? 😂🤦‍♀️

I feel like I’ve heard Dave say before to prioritize family debt over the debt snowball.

The correct answer is Empire Strikes Back... These finance nerds, I tell ya!

Just pay them first, dont listen to dave The better relationship with your siblings is better than their dumb baby steps

My understanding was that Dave always said to put family at the top of the list with the IRS, perhaps I am wrong

AWESOME! The avoidance is not nice to do to people who helped you save money it is almost a slap in the face.

He's not going to pay them back.

i don’t loan money to my siblings. they would never ask but i knew when they were struggling. i offered the money because i could afford to and bc i didn’t want to see my siblings stressed (they were not wasteful and it was not reoccurring) when they would offer to repay the money i said no, it’s not a loan, it’s a gift. i love you and hope it helps. Big hug…done. forget about it just like you forget the tschotke you bought them as christmas gift five years ago 😂 personally that’s why i work hard, to be able to help my family

This is inconsistent with what Dave has said in the past. He always said pay off family first.

This guy seems childish and irresponsible

I can't believe Dave and John are misleading people like this. Star Wars Episode V: The Empire Strikes Back

If you borrow money, you need to pay it back even if it’s in agreed instalments. I only lend people small amounts now because it seems like 90% of people rationalise why they shouldn’t have to pay back.

GREAT 👍 advice ! Thanks

He know what needs to be done. Pay them back!

Summary- I want to pay it in lump sum while also not doing anything to save money. Clueless people.

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

Dude pay your siblings back before hitting the 2k. That’s not ok to leave them hanging.

My parents have loaned me money and I've paid them back. BUT it causes the relationship to be weird for a while even if they aren't nagging and not worried about the money

This guy makes 80 k man he can live on 3000 per month saving 3600 dollars a month for debt payments 😂

"Solve a problem in 90 days." That's pretty good.

why are people so big going , out , i go out once a week to the store to get what i need and thats it .

I love 💕 your show !

Do not lend money to relatives because you are gonna lose both 💲

I would say the best rule of thumb for lending money to family members is don't "lend it" unless you anticipate not getting it back. Count it as spent.

I wonder what this guy would do when a family member comes to him asking to borrow money. He needs to pay back with at least a little interest …on his own volition. People make up so much stuff about other peoples money situation like…she doesn’t really need her money back etc So rude.

The bottom line is he don’t wanna pay his sister back she’s beat for that money 🙄

4:10 actually sir, that line was from Empire 😄😄 good quote though

Never borrow money from family It causes a level of problems That have lasting effects.

Once you have a structured plan it's easier to accomplish the task at hand .

It is Empire Strikes Back.. where Yoda tells Luke that quote.

If my siblings asked me to loan them 6k I would block them.

When I’m helping a family member financially and give them money I don’t expect it in return. The money I’m lending to them is for them to use in need BUT they will not get MORE from me after another attempt. Boundaries!

Pay your family first!

What the hell is wrong with Dave, calling the guys siblings whiners? They want to get paid back, that’s not whining.

This call was so frustrating 🤦

You are exactly why I don't loan money. You owe them but don't really want to pay them. But when you needed the money they loaned it to you. Now that you doubled you salary, you find it difficult to pay.

Anyone who would use the excuse that "wiring fees" are too expensive to make regular payments to a sibling that loaned him money in a time of need is a d-bag. Instead, he wants to figure out a way to pay it in a lump sum, which will never happen because he is pissing away the raise he got that doubled his income by spending it in clubs, restaurants, and other forms of entertainment.

Everytime this guy opens his mouth his debt grows. What a mess.

The wicked borrow and do not repay.

I would be “nagging” too if someone owed me $24,000 and I knew they made $80,000 per year and weren’t giving me any of it.

Call j.g Wentworth... 877 cash now..🤣

Sometimes family and finances don't mix well together. Hopefully he can stabilize the relationship with the two siblings once those debts are paid off.

Dave is WRONG this time. They "need" and expect their money back, or they would not have asked for it. They do not owe him a reason or explanation. What a pompous guy to judge their reasons or status. Pay family FIRST, today. Don't feel sorry for yourself if your siblings don't even "try" to act like they like or respect you anymore, they are not that stupid. I'd "try" to remember to invite you to Thanksgiving dinner, but don't hold your breath, you don't need it, you can just keep going out to eat.

Empire strikes back. Do or do not, there is no try

John was great

Hung by the tongue, great book, amazing success principle

Words to live by- never give friends or family a loan unless you are willing to lose the money, the friend/family, or both.

My wife and I have a rule - we don't loan or borrow anything to family, friends, church members. If someone needs help, we go with our equipment and we help. And if we need a loan, we go to the bank. The two times I broke that rule, I had to go the extra mile to make sure family relations were good, even though we were taken advantage of.

I'll never lend money to family or friends again. It causes alot of problems. If you lend someone $20 and never see them again consider it a great investment

Love how Dave cheers him for doubling his income. Sad how many people think poverty is "holy"

Rocky Horror Picture Show?? You're way cooler than I thought. 😊😊

Money ruins family, if I was him I'd knock it out FAAASSSTTT. Unless he's evil, then that's another story, they did this because he is a BROTHER, you do anything for a BROTHER, they're all you got until the day you die

Stop lending shady friends and family money. Please. This is exactly what they think about you and your help.

YODA: Do or do not. There is no try.

😂 5 Dave strikes back you were there

Evil fangs & claw comes out when you awe family so pay it off fast & do not borrow at all

He sounds like he upped his lifestyle to match the new salary, instead of living like he was on the old salary and hitting the debt hard. His whimper when he considered the idea of not going out was very telling. He is only doing the baby steps at a comfy pace instead of a frantic pace.

This guy isn't sick and tired of being sick and tired yet. he should call back when he is. until then. personally i wouldn't waste time trying to help him. he clearly is not committed to being debt free yet

Wow, what an effing piece of work.

Doesn't sound like caller has done a budget to know exactly what he can put on his debt monthly. I would work out on a spreadsheet exactly when each thing is going to pay off, listing smallest to largest. And that includes a reasonable monthly payment to the sibling that is owed the 24k. They may not be "squeaking" about it, but it could easily build resentment between the two siblings if one is getting a monthly payment and the other isn't.

Just DO it !!!!!!!!!!

Well dude... PAY your family back.

The Empire Strikes Back