No One Accidentally Wanders Into the Land of Success | June 25, 2024 

There was a call a few months back from a woman who was over 70 asking if she should keep some of her money in CD’s or invest like Ramsey indicates. Dave took that call and told her to keep that money in CD’s as it gives her peace of mind. It was the perfect advice for that particular situation. I don’t know if that would’ve been the advice given by the other personalities. I wish that Dave would have one more personality in the rotation who was older (above 55) and female to offer another perspective. I will say that I appreciate that George was concerned about the backlash he got. It tells me that it bothered him enough that he wanted to find out if he said the right thing and/or what he could have said differently. Kudos to him!

In George’s defense, the call about the 86 yr old was a tough one. The personalities do need to up their game on elder finance issues. But true story here from my life, my 86 yr old mother has a paid companion who is 84 and still drives and very alert. My mom has Alzheimer’s and this sweet lady takes her to hair appt weekly and occasionally to the senior center to socialize. We pay the 84 yr old helper $28/hr. She is also a single lady in her own home, paying all her own bills on a fixed income. She also works for a family with a severely handicapped child, when they go out she cares for child. I really like how the show revisited the call, they should do this more often. Not to downgrade the personalities, but just to expand the solutions so we can all learn from them. We love you George!

George’s “she’s the Queen and we’re the sorry people” line had me spitting out my coffee this morning. The look on that kid’s face when he says that lives totally rent free in my head these days 😂😂 “Bacon, is good for me!!”

Dave is correct. The 86 y/o should just destroy her credit cards and default. Seniors income is legally protected and there’s actually nothing they can do about it. Searching for some kind of added income is a great idea too. Will the kids chip in a bit monthly? Even $50 to $100 a month will help her. A renter renting a room is a great idea too. She’s in a hard spot. Too many seniors are having financial issues.

Man the debt free screams really bring back the old days of Ramsey. Miss this

I love the debt free screamers visual goal of the amortisation schedule being printed out and placed on the back of the door and their desire to pay it down! And it only took 4 years awesome! Nabbing this idea. We only had tiny $2.5k debt but it hung around like a bad smell. Deadline to be gone was June 30. It was gone almost 1 month early 🙌. We did a mini debt free scream. My husband lost his job 2 months ago too. We know God is blessing the side hustle biz turned full time biz and it's winter in Aus. Right at that time too when everything seemed like it was going south ... our daughter needed a $3k surgery (paid privately) and my car needed repairs $3k later, we have afforded it all and paid ourselves a wage. Plus, our relationship is further strengthened. In this short time I found Dave Ramsey. And love the stories and motivation and to dream up our life without lingering debt, so glad we have this example. We have been blessed upon blessed upon blessed, Praise God! Thank you Dave! Next debt to tackle is our mortgage.

Can I still say that's why Dave should be there

George: "I heard Grandma, broke, work" 😊. Glad to hear Dave defend George & his cohosts. They're there everyday trying to help people, they don't get it right everytime. Trolls are sitting at their screens with their opinions. We're all just trying to get through life, let's give each other grace. I'm pretty confident Dave followed up with the caller with sensible advice.😊

Dave knows this, but always fails to mention it: yes, interest rates in the 80’s were in the high teens, but the average price of a home was 3.5x your income. Today it’s approaching 6x. Interest rates aren’t the problem- home prices are.

Yep I listened to that episode and I did think that George was a little hard with the lady but I also saw that he was frustrated with her since she didn't want to help herself. Maybe his advice for her to work helps her to realize that she needs to do something with her situation now and don't wait longer. His second advice of looking for a roommate probably is better 😂😂😂 We love you George keep your hard work

Tom and Cheryl. Amazing story! Love how you set your children up for success. I plan to show mine the same.

Good advice to the 18 year old! It takes time to save a down payment and bring up your income - that's normal! And thank you for at least acknowledging that it IS a tough time to buy a home.

You are the best Dave!!! God bless you..🙏🌹

Caller Lindsey sounds so chill about mother's behaviors. Clearly, she is having difficulty manage grandma's finances.

So far this week has been busy with debt free screams ! Keep it up!

Please have a Ramsey cruise in "2026" i can't make it this year!!

Amazing show !! Loved all the debt free screams and advice! Thank you Papa Dave for addressing the previous call from the 86 year old. woman and for giving George and Jade credit for trying to help her!👏👏👏👏👏😀

My moms family did this to my grandma and my parents rescued my granny. Then, my granny died and my parents got old so my family started doing this to my parents. I bought my mom and dad a small trailer house, cash, in a 55+ community. My brother moved into mom dads paid for house when mom and dad went to rescue granny. 13 years my brother lived in mom and dad house, no rent, not a coat of paint, nothing. My brothers wife passed away a couple years ago and so I am having mom and dads old house fixed up so they can move in.

ooh. I gotta agree- George that was a bit harsh saying the 86 year old "bright future in retirement." There is always a context and history they are unaware of so you need to go easy sometimes.

George is the man. I watched the show on youtube when the "sell the dog" happened, and i told my self they he will catch some heat from the people on that. Love it George. Preach it.

In the 1989 at age 31 I bought my firs t home at 11 percent interest rate. I could not afford a home on my single income at a younger age

1:28:21 I’ve gone through the 1929-1931 archives of the New York Times and the San Francisco chronicle when I used to live in those cities. On microfiche. They probably have it digitized now but back then they didn’t. Anyways talk about fear based headlines. Oh brother. You can also go back to the 1950’s and then the 1970’s for those huge inflationary markets. Don’t go soft kids, stay hard. Now more than ever we need hard men.

Love all the debt free screams lately!! Just like the good ol’ days. Definitely keeps me motivated seeing them!

49:53 intelligent automation is now what you need to learn! Just like shortcuts on iphone

George is having PTSD right now, talking about 8% withdrawal.

The advice to the 86 year old to get a job was dumb then and it is still dumb today. Sorry George! Sometimes, I don’t know is the best answer.

My husband took a minimum living wage from his business all his life and now his social security check is crap.

Can you all do another live like no one else cruise for those of us who won't be out of baby step 2/3 until later?

I totally agree with the issue on delayed gratification. It's these darn phones 📱

WE LOVE THE SHOW!!

Love the App, good job!😊

I am waiting for the day when the quote of the day is: "Sell the horse." George Kamel

That 86 year said she was a single mother since she was 19 and she is 86. You're not a single mom after you're 40 years old that's 46 more years after being a single mom. Then she said she has leukemia and she got it 21 years ago so what happen in the other 20 years of Adulting. No accountability and only $1200 for SS with no investments I'm sorry she didn't do anything in her life for investments

Dave with the presidential speech, hope and common sense🇺🇸

If only people would take your get advice. Things could change for the better.

I wish Dave would just address the random rate of return - if you take out money during the down market or stagnant years- we will hurt the goose by needing to withdraw in a down market. I am 100% a dave follower, but this has been addressed when George had once said something about 4%- I know he aligns completely with Dave too. What do we do when taking out 10% hurts our portfolio during retirement.

My smartvestorpro is investing in individual stocks instead of mutual funds. Should I be doing something different?

Magic wand in hand.... i accidentally "pocket-dialed but uber eats delivered a bag of MMs from Big Lots" i accidentally cost myself 20 bucks for a bag of MMs. Thats how powerful our phones are.... i am now in debt...

When will every dollar be available in Europe?

Listening to Dave talk about interest rates takes this boomer back to the purchase of my first house. The interest rate on that mortgage was 14%. We bought a fixer upper that was structurally sound with newer mechanicals and roof in an ok neighborhood. The rest of the work was basically cosmetic, but very livable. I remember showing my mom and saying, "it's livable", as she looked around at the unpainted walls and the plywood sub floor she said, "this is livable?" LOL. Indeed it was.. when interest rates dropped to 8% (woo hoo!) we refinanced which left us extra cash to finish the work. Years later, we turned around and sold the home for double what we paid/put into it. We were able to upgrade to a larger home on a little acreage. We sold the first home to another newly married young couple who were so excited to start their new life. After the contract was signed, the wife asked if she could bring her mom through and show her the house. I said of course, and could hear them upstairs as the wife was telling hermom all about her decorating plans for the house. Made me smile. 🙂

My mom bought her first house for 10k ,I bought my house for 180k Christmas of 2016, my home is now worth 385k in 2024. Graph that out. Look at the trend line.

Sunset cruise 😂😂😂

Good Luck making 12%

The lady with 2 and a half million , paid off house and an income of $450,000/ yr (net worth 5 million) wondering if they have enough for retirement 🙄

Woohoo!

Dave said eating Alpo!!😂

George telling an 86 yr old lady to get a job 😂. Jade telling her to get rid of her dog is heartless. Can tell from other shows that Jade is an animal hater. Can’t stand Jade. If I see she’s on I don’t watch, she irritates me so much.

Putting your ENTIRE company on a single cruise ship vessel is EXTREMELY unwise.

I'm pretty sure it's expectations postpone makes the heart sick

53:39 I think Dave was sleepy this episode 😂🤣

At 1:22:- why don’t they suggest a reverse mortgage. Her house is paid off and she seems to have a daughter that isn’t expecting any inheritance.

It's so heartwarming knowing the world has paper-thin skin. Y'all are such babies. George suggesting an 86-year-old find work is not the problem. He was on-air and simply brainstorming. The fact that he even had to go there shows what a terrible situation she put herself in. Her inability to plan and problem solve is the issue, not the call-in show that helps people. And come on now, he didn't suggest that she become a firefighter or personal trainer, he simply suggested SOME sort of work. I hope to be working at 86. Get over yourselves and stop your fake whiteknighting.

Dave is really missing Ken today.😅

14% oh 25000 vs 3 percent of 400,000 hmmm wonder witch is worse to pay

(BS7) Haven't been watching the shows by You Tube for about the past 6-12 months. Have been watching them again during my work lunch break. During caller number 2 Dave stated he would have Christian pick up and get AJ some information. With that being said, what happen to Kelly?

Dave is loosing :D with George name and his book 🤣 LOL

I see jay didn’t say anything about her being 86

1977 bought a home 9% interest

Why is there a refinancing add by Dave here? I thought the borrower was slave to the lender.

I think the 86 year old said she has leukopenia not leukemia

To the Gen Z caller: "Giving up is a permanent solution to a temporary problem". If it's going to take you 10 or 20 years to save for a home, so be it. Set off on that journey and tell the story to the next generation.

how do i work here?!?

The caller at (45) in college and trying to get a job just needs to be much, much more aggressive. If the school etc. does not hook him up, he gives up, but expects to be paid for "marketing"...market thyself first. He'll be all right once he tries. 😎

George was SO wrong to the 86yr old woman!!! Heartless!!!

I'm not accusing her of any wrongdoing, but I do wonder why this lady is giggling as she tells about how her mother is STEALING from grandma. It seems she is afraid to confront a thief because the thief is her mother so she just let's it drag on, occasionally slapping mom on the hand and saying, "No, no, mustn't do that." She should have gotten the police involved like the second time mom stole from her own mother. She may not have committed anything illegal but she sure as heck needs to develop a backbone! And she most assuredly should have been smart enough to shut down that account or at least make it inaccessible to the debit card. She should call her banker and ask about the most efficient way to handle that and then she should do that and if mom gets in trouble, that is exactly what she deserves. Anyone who would steal from an old lady is despicable and when that old lady happens to be her own mother, the level of despicability shoots through the roof! BTW, Dave called her "sweet" but I wonder how much grit she would have developed and what steps she would have taken if SHE had been the one mom was stealing from instead of grandma. I bet she wouldn't be half as reluctant to take any steps to stop this thief from continuing to pilfer money from accounts that are not hers!

Nope. 1964 is the last.

Median income does not include Silicon Valley Dave.

Elder abuse 😂

Dave’s wrong about baby boomers. They are from 1946 to 1964. He’s not the last of the baby boomer generation.

Dave Ramsey said he’s 63 ? Lol, he looks like he’s about 67 to perhaps 70. I wonder if he said 63 or is he really older ?

Of course he mentions the high interest rates from the 70s while completely ignoring the home price and income:price. There is real world math and then there is Boomer Dave's math.

Finger-wagging at an 86 year old is NOT funny, Dave.

I hate the debt free scream

I hate that “yeahhhhhh” Dave’s scream, it’s so annoying coming from an elderly person…don’t hate me please, I love Dave though…