I've Been Stacking Debt And Now I'm In Trouble! 

Ian Victorine I noticed that as well. There ain’t nothing wrong with that, any work is better than just sitting on a couch complaining to Dave like things will happen miraculously

I sensed that as well. He's making a honest living and he's making more than some people that have a degrees. No need to be ashamed at all.

Yep no shame in making a honest living, 🙌🏽

Exactly. It's unfortunate that we live in a society where people are ashamed of (if this is true in his case) of being hard workers. Where success is measured by a title or credentials. Sure, there's nothing wrong with having aspirations and goals. But, there's also nothing wrong with earning an honest living, either. Glad Dave validated that.

Ian Victorine . Hmmm. He didn’t want to get fired. Yep!

Samn here. I have more work experience than these people people with degrees. I make 49k. In about 6 months, if I get another promotion that I'm working on, I'll be making 65k at age 21.

Idk where y'all live but I live in pa in the mountains where houses are dirt cheap like 60k-100k

So true. I was making minimum wage working at 711 when I was 20.

Yeah I’m 22 and make about 23k and cash flowing my classes with financial aid

@@TutandGaming just dont blow it on a car.... drive a cheap 10 grand or less

No Debt But Love -YES! Everyone is so caught up on what people think. You gotta a great paying job and you live in a Great Country. Own it pal.

@ Ross Miller - In the words of Cher: “If I could turn back ti-ime . . .”

@@lovethemflowers yeap exactly

Yeah, I'd have a lot more money saved.I regret all of the useless junk I purchased in my 20s.

So financially aware he bought a 20,000 car while he's in college.

@@beckamayfield9912 and smart enough to realize he needed to call Dave for help

Hahahahahaha

He manages the delivery boys

Gardener Earth Guy 😂

LOL!

_Dave, you gotta help me, I'm stacking debt, need more money, what do I do??_ _Ok, you need to do more, you need a side hustle. What do you work on?_ _I deliver pizzas._ . . . *_*impotent rage*_* ლ(ಠ益ಠლ)

Simple , he can make pizzas perfectly Everytime like he's feeding his own family. Basically if everyone called out besides the delivery drivers , he could easily run the store no problem . ( He picks up the slack everywhere )

Probably worked there from 16, and just gave his all. In school I had a friend who started McDonalds shift manager training before he was even 18, so he got the promotion as soon as he turned 18.

Not as hard as it may seem actually 😅 was given the opportunity at 19 but I passed on it 🤧

TWDxKILL3R haha!

Better than me, me and my wife made 22k with a 2 kids until I was 26

@@mblake0420 We all have to start somewhere. Good on you moving forward towards a better future for you and your family!

@@JuniFFXIVChannel delivering pizzas to million dollar loads

Im guessing 40k now is like 65k in 1999.

He would be an idiot if he is paying off her debt too!

But then turned around and asked him how much do yall owe on the car lol if they have that car together then they have combined debt haha.

well its true so pay partners bills unless youre married

I had a friend who’s parents weren’t married but lived together and combined their incomes .

The legal perspective of marriage is the reason that I don't want to bother with marriage. I'll pay my girlfriend's bills and deal with it if she decides to run off. I'm not going to deal with that same madness while married then needing to pay an attorney and court fees

Sometimes we have to pay the stupid tax before we realize our mistakes. At least now you are wiser. :)

Ben B well banks are irresponsible and should never approve loan amounts that are over people’s means anyway. Although the borrower should know better, there still ought not be a maximum amount that the bank pushed towards.

@@Trailblazers323 the dealer usely offer a smaller loan for a different car because they know it's stupid . And dumb kid still sign the big loan reguardless

Ben B You’re “normal” - sadly.

G. Dub Was normal. That was 20 years ago.

akui88 he’s probably not seeing $15k of it with Mississippi’s taxes.

@@timmydevil999 your math is wrong, it would be 1,593$, not 15K if you include federal and FICA, it would be around 9K in taxes total. take home would be around 31K.

timmydevil999 Mississippi taxes are not really bad.

@NurturingTalents he's not an owner.

I hope she is smart enough to listen to what he says!!

"average Pizza Delivery Driver salary in the United States is $20,936 as of December 26, 2019, but the salary range typically falls between $18,937 and $24,190." Dave always says deliver pizza on the side and make an extra $1000 (Which does not incude TIPS) You said "Unicorn Pizza man" So I'm going to assume you meant it's a rarity to have a pizza delivery person make an extra $1000 a month doing that job hence "Unicorn" Also I'd like to point out, the caller is NOT a delivery man, he's a General Manager so his salary is around double a delivery man not counting bonuses. So let's see if an extra $1000 like Dave says is common or uncommon as you believe. Lowest annual: $18,937 which is ($1578.08 monthly) Highest annual: $24,190 which is ($2015.83 monthly) Already you can see it's a fail position, you've already hit $1000 monthly even after tax at the lowest or highest average which means it's common to make $1000 like Dave says. Anyone not making $1000 must be working less than around 28 hrs and if that's the case, for THOSE people they can't hit $1000 without tips, but they are usually still make $700-$800 if they are part time. If they are full time, they hit $1000. It's simple math, Part time 20 hrs of work per week equals 80 hours and if you make $13 an hour that's $1,040 a month before tax so still with just 20 hours of work at $13 an hour you still almost make a $1040 after tax and most drivers are not doing 20 hours only and they make more than $13 as a driver. I used low numbers on purpose. What's unicorn about this? Stop repeating what you hear and assume and do hard numbers for facts. Even if you made $10 an hour, if you work 40 hours a week you make $1600 a month before tax. All you people do is keep your brain stuck in the same mindset that people have when we got the debt minus the ideas about the debt after watching Dave Ramsey which will also hold you back.

@@mrfred1000 Why did you feel the need to write all of this condescending bs on someones joke? Go outside.

I thought this was funny, it was just a joke. This 20 year old will be fine.

Dave See see people there’s money to be made in pizza 🚙 🍕🍕🍕

Nothing wrong with playing house, you just don't let the other person live off of you for a piece of tail once in a while.

K Centanni he is a manager

All chain managers of fast food start at 40 with a bachelors degree

@@Trailblazers323 he doesnt have a college degree. Hes is in school. So hes banking 40k with just high school or associates

I didn't even get 40k a year with a masters degree in social work

K Centanni yes a general manger. Not a dough boy/delivery girl.

better late than never.

Nat-Nat C. Me too.

Yep I was making over 60k at that age and didn’t know that I was making good money

@@Trailblazers323 what were you doing making 60k at age 20?

Hey beautiful

Yes. He’s actually not doing too bad. He just needs a hoopty.

A lot, if not most of those kids have cars paid for by Daddy. Lots of kids' parents give them a car for their high school graduation.

Military is worse.

And trust me I’ll never buy a brand new car again.

Yes. There are a lot of really nice low mileage used cars out there. It doesn't matter the age of the car but the mileage.

So true. Thankfully my wife has opened her eyes to it as well. Now we’re on the road to ACTUALLY being rich and going on vacations without going into debt.

That's why you don't let the wife decide or have a say in those things. It's just inviting trouble later on.

Also, many people have sources of income that aren't readily apparent. Example: where I live, a lot of people have trust funds. They may not be huge trust funds, but it allows them freedom that other people don't have. They can drive better cars, buy a nicer house, and go on trips that you wouldn't think they could afford from what they do for a living. I also know people who get huge cash gifts from their well-off parents for Christmas and birthdays. I didn't understand this until a friend showed me the check for $50,000 that her in-laws gave her husband for Christmas. I have other friends whose rich parents give them huge amounts of money. They have new cars, go on trips all the time, eat out all the time at very expensive restaurants, all on $60k income a year, wink, wink. Then one day the husband told me what the deal was with his parents being rich (I didn't know).

Fakebook

I agree with you about getting out of debt but as soon as you can I would recommend that you travel. I am 49 years old and unfortunately many of my friends have started having health problems that limit their ability to travel. My nephew in law had a massive heart attack and died in May without warning. I believe in being debt free but I also put something away to use as a travel acoount. We are going to Italy with the kids next year but I am not going into debt. Congratulations on accomplishing your goal of being debt free but don't completely brush off your wife's desire to travel.

She'll help herself after he pays her debt. **wink**

No 47,800 was their combined debt homie

No that wasnt income...he was saying the total debt they owed combined

If they live together it’s WE. I don’t know why Dave is so condescending sometimes.

@@ravengale agreed some couples work well and can handle this before marriage and others can not....🤷‍♂️

The chick is burning through his stack and he's not wise enough to see.

He's 20. He goes out and goes shopping.

Yeah she's using him as a utility in exchange for P-sleeve access.

Luminous Yes, via Coach Adams lol

@@luminous6969 We can only hope that he reads this and wakes up to the damage she's doing to his wallet. Ms. Pac Man is doing the woka woka woka on his earnings....

yamamancha . Hmmmm he’s desperate and can’t figure it out. He realized he needed professional guidance. Yep!

@@themontephone875 Yeah, you can visualize his though process. "Maybe I shouldn't have bought this car..." Finds Dave, reads comments "Maybe there's something wrong with this relationship...." Bet he sells the car and proposes to his girlfriend... that she start paying half the bills. And he'll find himself free of both very soon...

I'd love to know how many men get their girlfriends to pay off their debt as opposed to the other way around. For every one guy that does it, how many women do you think do it?

@@luminous6969 Not common, I'd imagine. And when it does occur, society usually labels them lazy pigs or worse.

@Barbara Ann Touché. Fair point indeed but a 20yo kid shouldn't be paying for his GFs room, board, and college loans. If she needs a man to do all that, what the heck is she going to college for? She should have just gotten married out of high school. And this kid is trying to "do right" in his mind but they're not married. What happens when she graduates, decides to move 2000 miles away saying, "thanks for the memories"? He's trying too hard to be mature beyond his age, experience, or ability but it's a setup for failure.

I am so glad of that.

The market is flooded now and that is a huge issue

She is probably high maintenance 😂

The Radical Reseller wait til she stops taking the pill

Chris Invests - Personal Finance Videos they are probably eating out a lot and may have been paying some of his girlfriends bills if she is short one month. As well as probably has just given her money to get hair, nails, makeup etc. Not realizing how much is actually going out.

Chris Invests - Personal Finance Videos His “roommate” is a liability in his financial situation.

The roommate is paying her bills from her back, that’s why

Sounds like a win-win.

Worth asking, but I would doubt it would be worth much time. Getting a college assistance program generally means you owe the company future time. Additionally, it would depend highly on the region and/or franchise owner he is working for. He is not employed by YUM! brands.

*you're

He did stress that from a legal standpoint. And this guy did call into a Christian based financial show. Not sure if the young man knew it or what. Everyone has their beliefs.

@Josh S Oh.... look at little boy Josh, throwing a temper tantrum. It has nothing to do with the religious angle, you F---ing idiot. It has do with legal obligations.

The girl makes him pay the lion's share of the bills.

John Nastrom 💯💯💯💯

@Josh S A little triggered aren't we?

👍

😆🤦‍♂️

AND, when he "drops the roommate" he can get out of her apartment and find his own place to rent and man up & stop "playing house." 💯💯💯💯

Right. I have a degree and make 10 dollars an hour...lol

What did y’all study?

@@dmitriyr4095 the real question.

Not sure how 40k cannot pay of an 18k car note.

Josh it certainly can

What’s his rent/mortgage? Did I miss that part?

He is still in the pre-requisite phase of his education. When the software classes start things are going to get dicey.

Josh 40k until he retires at age 65 is 1.8m. (45 years) versus...let’s assume he graduates by 23 and starts his career at 25, he’s 20 now. That’s 40 years of work being a software developer making around 125k/year which is about 5m. 3.2m more over his lifetime that could double or even triple if invested correctly. Why not dream big, more money means more “time” in the end

Lots of reasons- So he doesn't have to work nights, weekends, and holidays. Seamless upward mobility to make six figures and beyond, managing a team of developers will pay much more than managing pizza huts. And lastly because software development teaches you a universal language that allows you to work remotely anywhere in the world. *Speaking as a software engineer that used to deliver pizzas (among other jobs) to put me through college

Josh Software developers potentially make 6 figures.

As an entry level software engineer, he's making $85k, with a ceiling well into the mid 6 figures. Not even talking about stock options, self employment through consulting, hitting it big with a startup, etc.

Seriously? Because he’ll probably be able to make 3 times that’s in a few years. He’s sounds like a smart ambitious young man with lots more to offer. Why settle?

Do you think he took the time to call a financial expert only to go back and listen to his mooching "girlfriend?" If the girl had a brain at all he would've talked to her and figured things out. He's probably been thinking about dumping the girl but needed this push to tip the scale in his decision. The girl will soon dump him, then he'll be able to get his life together.

It happens. As long as you're catching your behaviors and learning or getting help (if it's available), then you should be fine.

How will the 47 year old version feel?

Socialhazard busses are usually free for students

Did it not occur to you that some people commute? Living on campus is actually a horrible financial decision if you can avoid it.

@@Trailblazers323 that is true, i forgot about that, my sister had a free bus shuttle everyday to and back from school

@Shay Monte' people like to make excuses for why they can't do stuff, if you really put your mind to it and try hard enough you can survive without a vehicle, i have a coworker that hasn't drove in over 5 years because he figured out it was cheaper to live the way he lives...it's all about what you are willing to sacrifice to get there

what does stacking sats mean?

Only if they live together for 7 yrs

@@hannahlevin3286 Laws vary by state. Manny people are legally married without knowing it.

It is a lot of work to train junior also the market is flooded