I'm in a SERIOUS Amount of Debt! 

I listen to these while I get ready for my college classes to keep my grades up for my scholarships. No student loans for me.

This caller is in quite better shape thn most people that call on this show.

High paying job,valuable home.Situation not as bad as it sounds.

People, DONT BUY A TIMESHARE

If broke people are making fun of what you do, you’re on the right track. Dave is hilarious 😂

Serious amount of debt, but also a serious potential to change his family tree. Rooting for him!

*Chef Ramsey ganna bring out the one item menu: Rice & Beans - Beans & Rice special*

I pray this caller succeeds in getting out of debt.

My first favorite meal is rice and beans. My second favorite meal is beans and rice.

When I get the urge to go shopping 🛍 I listen to these videos, it reminds me of my why and keeps me on track! 🙏

Dave: "Are you married?" Caller: "No", Me: "That's good too"

"Caring what other people think will kill you."

Take a shot for every time the caller says “ya know?” 🤣🤣

So glad part of this debt is the house.

Caring what other people think is probably the biggest indicator or snag that holds a person back from truly pressing forward to living and managing money differently, changing their family tree.

I'de get a few roommates for a few years and use that income to pay down some debt. He definitely doesn't need to sell the house.

I'm looking forward to seeing this man's update! You got this, brother!

Sell the house and start over... clear the debt now

Hi I’m a NP (Family & Psych) and yes we start off making that much and can go upwards when starting our own practice or working OT. The options are endless! Many of us work as nurses while in NP school so that we don’t have to take out school loans for graduate and doctorate degrees. Some hospitals will have tuition reimbursement which helps tremendously. I also supplemented my income while working as a college professor at the school that I was getting my doctorate from. Guess what? That school paid for my doctorate as I continued to teach for them! There are so many options as a NP and absolutely he can get out of debt fast with this career. He is fortunate. He should move away from CA to a place where the cost of living is less and he will get that same pay.

I'm glad they talked about what the community is going to say... He needs the heads up.

dude, your not in debt, your house can cover all your obligations. Sell your house & pay off all your debt obligations.

Mah dude!!!! I'm going for my Nurse Practitioner degree right now!!! Fellow Nurse!

I love that he know "he can do it"! I'm wishing you the best of luck, I believe you can do it too!

I would sell the house, pay the rest of the debt in less than a year and move to Texas.

Fear Debt Eat at home Live below your means

Whew... thank God! I was relieved as the conversation went along lol

Sell the house, you don’t need it as a single unmarried guy with no kids

Didn't he say he owes 22G on a timeshare ? I would think that should be the first thing to go. He sure isn't going to be using it.

6:02 is legendary "if broke people make fun of your financial plan, you are always on track!"

I lost it when he said he had a timeshare. Why people in debt buy money pits is a puzzle to me.

He needs to move out of LA if he wants to do this. The LA culture is terrible for saving money

This isn’t as bad as I thought it was going to be! Sell the house and use the proceeds to pay off the student loans. Then 100% focus on the remaining debt. You can buy a house in 4-5 years.

i soooo wish we had someone like Dave here in the UK! the tools and guidance that he has to offer is amazing!

The guy was single and sounds young. I'm surprised they didnt suggest him renting out the house for a couple years and living in a bachelor apt. The guys going to be living on beans and rice, and working like a mad man, he doesn't need to impress anyone living in a house.

Man I hope he listens and takes this advice seriously. I would love to see him come to the studio and scream out "I’m debt free!" He seems like a decent guy.

Learn how to budget at an early age, and understand the difference between "need" and "want".

The key to life is hope. Trust me, everyone. Just one small spark inside of you can turn into a raging flame! Its such an incredible feeling 😢😢😢

I am surprised he was OK with keeping the house.

Did I hear 20k In timeshares and he’s not even married? 😂. You just going to chill on your own? Sell the home and use the proceeds to pay the student loan! How awesome would that be

My debt free scream is in 12-14 months. I can not wait.

What an interesting call. Interesting life choices. Interesting new focus. Good video guys. I learned a bit about someone else’s complex life. My life is fairly simple so sometimes I like to hear how others go about things. Even if not the best choices.

When I get ready to buy something, I change my mind and place that money in the other pocket and instantly place it in my bank and make a payment.

Caller: I make $1million a year Dave: You need to start living on rice and beans.

Debts are like children: the smaller they are the more noise they make.

I think the 150k degree was worth it for his income! He could pay it off in 2.5 years on his income and then just watch as his income grows to 180k (as he said), no student loans. People just don’t wanna buckle down and sacrifice to pay it down.

if you work until your eyes cross, there is a bigger problem than the debt lol

I love the start of every video with the guitar riff

Take a drink every time caller says “ ya know”

He's a single guy making $134K. Uncle Sam is probably hitting him close to 40% in taxes. Which means, he's bringing in only about $80K a year.

Caring what other people think is such a pervasive problem

The fact that Dave said he wouldn't have known what to tell this guy if the debt was in the form of student loans, says it all.

That income is fabulous for a first gen student, and anybody in general. Big Congrats!

When reality sinks in and they realize the work involved to get out of debt, you hear the tone in their voice change real quick lol. He can do it though, will be worth it.

“Be working so much your eyes are crossed” Hey! As somebody has to see a nurse practitioner from time to time I’m not sure how I feel about that!😹🤣😹

@0:05 buddys already laughing before he even speaks lol.

Dave "You married ?" Guy " No" Dave " cool"

"TIME SHARE" and the You know problem.

I’ll be honest I think he’s more confused about the house like he thinks the 500k in house debt is in the same realm as the 220k but that FPU will help him understand

Rent the house or part of it.

He can clean this up but he will have to be very focused.

He’s gonna be just fine .😊

"It just depends on how quickly you want to do this and how deeply you want to sacrifice."

He’s in a good place !

“Something good involved here” Dave always puts peoples careers down lol

This guy is not doing bad at all, to habe accomplished all of this and he is not even 30 years old. He will definitely listen to Dave's advice to become close to being debt free.

These callers ask some basic questions and get basic answer. I think they know what to do, they just need to talk to someone (like an emotional support).

Take a shot everytime thr caller says " ya know"

If you live in LA county and he got a house for that price, he's very lucky. Do not ever sell the house. It is way too expensive to buy a house in LA. in 2024

He can do this!!! I believe in him.

even if he wanted to go to a restaurant he couldnt theyre all closed

He needs to automate those $75k throughout the year in paying off his debt or else he will most likely slip and fall off track. Its easy to say “ill pay it down next week” and forget about it. Excuses are easy but facing your problems is where people make excuses to face them. Listen to Dave and pay it off soon rather than later be in a bigger hole.

How do i get hold of Dave financial track ,please mr Dave I need to sign up someone help me

Is this before or after tax?

The fastest way to get out of those stupid debts is to cash out refinance. Take the $200k out of your equity and pay off all your loans in one week. The rates right now is 2.2-2.5% its below inflation! The house will appreciate over time and you are paying one debt off which is under your mortgage.

Nice work 🌠🎆✨

He is going to be ok.

I'm always wondering what do they write apart from the numbers

That is just way too much house for that income. I don’t understand why Dave said to keep the house.

I’m so glad he said neither about the profession. A lot NP’s would say they’re a doctor lol

God help Dave's plan if the cost of rice and beans goes up.

So tired of hearing people making six figures and a half million dollar house whine about their debt. It’s why I can’t regularly listen to this show

Recipe for debt relief: Beans, greens, potatoes, tomatoes (You name it!)

His situation isn’t even that bad ...

I wonder if people call in to try and get Dave Ramsey program resources for free sometimes

There is no way the house payment is 25% of his income. Which means he may want to sell the house

My goodness when I heard 700k and I was crapping my self until he said it was mostly mortgage

135k is a big shovel. That’s good news.

Dave where else do you get a loan from? The bank 😄

Beans and rice, eat, sleep repeat. Saturday Sunday partying, destroyed Dave’s plan lol

Just follow Dave Ramsey’s snow ball effect , really helped me out .

Dude is in great shape for a bright future

Sell the house wipe the debt, lose the timeshare somehow (the probably hardest part), then save for another downpayment buy another house

We need some beans and rice, rice and beans merch

I would sell my house and rent for a yr and be debt free with little or no problem. And start over with making 130k and find a small house in a yr or to of saving money

Sacrifice is never easy or it is no true sacrifice.

135k for a nurse practioner in California is low.

Someone please clarify. The debt is 745k. He does 75k a month and that's 225k. But why about the home loan of 575k? How does that get tackled?

A nurse practitioner makes $135K ?! I had no idea!!

What's a timeshare?

Am a Namibian started my debts journey 2019 November am about to finish paying of my debts left with 1800 to completely get out of debt and guys am out of smoke and I need someone to help me with the budget since I hardly stick to it.someone to help me