The Ramsey Plan Defined - Dave Ramsey Rant 

“If your broke friends aren’t making fun of you then you’re not doing it right” My anthem right now

It’s always good waking up to a Dave Ramsey rant

Dave Ramsey yelling “at me” is what made us sell our house we couldn’t afford! 😂 Love the rants!

Just finished baby step 1. About to start tackling credit card debt until i can snowball it with my tax refund.

Feb. 13th I paid off my mortgage. I am 64 and it's been just me, on my own and I can finally say I am debt free! Whew. Thank you Dave and team. I needed your rants for some reason. Not sure why, but it was the motivation I needed. Living on the cheap is empowering. Don't give up folks. It took a long time but it's worth it.

I am 58 yrs old living in Turkey . I do listen to Dave everyday for few hrs. Love him

Had not heard of Ramsey, years ago when family and friends chided us for investing aggressively into the 401. They said you need to spend. You need to enjoy! You need to buy a camper! Paid our house off in 18 years, and now retired. Friends and family retired with mortgages and credit card debt. We are enjoying retirement very comfortably and relaxed! Thanks to no debt

My husband and I were taught by our parents how to be smart with money and avoid debt. Now in our thirties, we are completely debt free with a paid for house. Follow what Dave says. Live below your means. Work hard. Stop going into debt. Stop trying to keep up with your neighbors and social media friends. We would never trade what we have for an "image" of wealth or glamour.

Dave's rant keep me motivated. I'm on baby step 6. I no longer live paycheck to paycheck. I no longer shop cuz I'm bored. I no longer eat out or go to drive thru on the way home. I have officially become weird according to my family. I have a 24k emergency fund. I have 300k in 401k and 70k in savings. Sorry, Uncle Dave but I've kept my 3 credit card. But no credit card debt. I have a credit score of 827. I now have a financial goal and a purpose thanks to the Ramsey guidance. His plan worked for me but you have to put in the work !!!

Last Saturday I became brand new to this Ramsey thing. Never heard of Dave Ramsey or anything he's done before and RU-vid's algorithm recommended a RU-vid short and I've become obsessed with tackling my debt and fixing my life. I'm thankful to have found Dave and everyone associated with his show.

I like George’s smirk when Dave goes off. Learn from him George. The rants are everything.

This stuff works folks!!! My friend got me on to DR back in 2016 when I was complaining about all the interest I had paid on my student loans while making minimum payments. At that time I was about 400k in debt including mortgage. I followed Dave’s advice and lived on rice and beans and was debt free by 2020! Good thing too since that’s around the time the pandemic effected my area! While everyone was panicking about losing their jobs, I was stress free!

I found Dave Ramsey a few weeks ago. I'm still on baby step 2 and I have a long way to go. But I have a budget, I got my spouse on the same page and we are attacking our debt. My situation isn't much different than a few weeks ago... however, I finally feel like I have a plan and I'm convinced if I didn't run into daves content I would be retiring poor. Thank you

We're on baby step 2, and I'm so ticked off with myself. We wasted so much time. But every failure we've made I find a solution in theold and new videos. And helps us how to up this mess we created..... Thank u, team Ramsey.

hearing this show makes me so happy bruh. I been listening for everrrrrr and used to listen daily at work on the podcast Changed my life hands down.

Bread and butter Dave Ramsey right there! 👏🏻

I legit been haven’t a mindset change over the last few months. I’m 25 with 19k in debt watching these videos help me realize I’m not that bad off but I definitely wanna take control of my finances before it gets out hand. My biggest debt is just my car rn and I know it’s nothing compared to what some of the callers talk to Dave about but it snaps me back into reality every time I watch him. Much Love always appreciate the wisdom. Step 1 in the Process 👍🏾

My friend followed Ramsey's advice to the T, ate "Rice and beans" mostly, saved up a lot to "enjoy later in life" and unfortunately passed away at age 41. Point is, don't plan too much for the future. You don't know when it will all end, so enjoy life and everything in moderation while being intelligent with your finances. Go on vacations, splurge on that meal occasionally, laugh and have fun with family and loved ones, but don't be reckless. You only have one chance at this beautiful thing called life. Just because Ramsey was reckless at age 28 and went bankrupt and built his finances back using his method doesn't mean you have to do the same and live his life.

Dave is right I was involuntarily retired 11 years ago. I'm one of Dave Ramsey's millionaires. Once I paid for my house, truck and paid off the credit cards. I had a lot of money to save so that is what I did. When you don't have a car payment or a house payment it is really easy to save. I have no family so I don't have to save for children's collage and that made it easier. During that time I managed to increase my retirement portfolio by an average of 8.73% per year and increase my dividends by and average annual increase of 10.54%. I also invest in dividend paying stocks so I don't need to sell any stocks to fund my retirement. Stay out of Debt! Live on less than you make! Someday you will be too old to learn another employment skill and will be stuck eating dog food if you don't. Companies don't want to higher old people! When I was involuntarily retired I was not able to get a job so I learned how to use Excel. I found out that I really didn't need a job and I have been retired ever since. Listen to Dave he is right. Investing in something you do over a long period.

i always tell people the hardest things in life are also the simplest. dont mistake something being simple for being easy. having money is a standard subtraction problem. money in - money out = money or -money. simple. love it.

Im not in debt but i always come back to see Dave rant on to keep me in check 😂

Oh how I love a good Ramsey rant!

Omg, love watching Dave for some comedic relief. 😂

He’s earned the right to bawl his head off and dish out advice, he’s very entertaining

Man I love you Dave I like the raw straight forward approach.

Glad to see Dave getting to tell it how it is like he used to

I love Dave's rants.

it's that simple. and it's that hard. that's a perfect way to describe it. It is a simple concept to understand and realize why you should do it but it requires discipline and dedication!

Always enjoy listening to your podcasts here in Vancouver. Keep up the great work!

This is a fact. True freedom is when you don’t owe anyone anything. Lots of millionaires and billionaires are not free because someone else owns them. When I was in Cape Town, South Africa in December 2023, I had a conversation with the driver of the Hop on Hop off bus. He was driving that bus to keep himself busy. He mentioned he had a paid off house and car, no debt. I told him how he represents real freedom. Only a small percentage of the world have that kind of freedom.

Dave has helped change my finances & life!

love this one thank you

Don't always agree, but do love a Dave rant.

Wish I’d listened 25 years sooner. I listened but I didn’t hear the message. Now have ZERO debt. Hear what he is saying, your older self with thank you.

The simple baby steps approach is easy to understand. I'm building a 'baby steps' formula for folks who want to lose 50 lb. Great to see how many people you've helped!

I love a good lecture/rant from dave.❤

Love the Ramsey plan! ❤ Happy Valentine’s Day!

When I was young, I moved a lot, first with military, then civilian job changes. With every move, I realized how much crap I had that I didn't use. this is one to realize its better to scale back your spending

The Ramsey plan has saved my life. Paid off over $40k debt, I'm on BS3 right now

Dave! I love your rationality 👍

It took us 6.5 years, on a gross yearly income that went from $42k-$52k, to pay off $145k in debt. We live in a community where many families easily make 3x what we do, and some of them make comments like “it must be NICE to be a stay at home mom”. As if it wasn’t the fruit of our choices, and saying “no” 90% of the time. I don’t even have a smartphone! I have a $100 a year flip phone for emergencies when I’m out with the kids. People will say “you can’t do it in this economy” - you absolutely CAN, you just have to cut out all the garbage you nickel and dime yourselves with. We haven’t changed so much as our grocery budget ($400/month for a family of four) in years... because we are now paying off our mortgage with the same intensity.

We did not follow the baby steps because we did not know about them. We did have good parents who taught us to be good with money. I am retiring in June 2024 at 67 1/2 and we will have a good retirement. But I think we would have been better off if we followed the baby steps.

When you attempt to make bad financial decision, Dave's voice comes to the rescue. i like it when he shout at us 🤣

I think Dave nailed it at the end, the part about making money and not spending it all. At 41, probably 10 years before I ever heard of Ramsey, I had the realization that we made too much to not have any significant savings and a negative net worth. 23 years later, we have a net worth of around 2 Million. Didn’t avoid debt, (took advantage of financing deals on new cars) but we didn’t finance a lifestyle on credit cards either.

Ever so often I need papa Dave to lecture me ! Thank you Dave!

Yeah - I and my wife have finally decided to follow this advice - this morning I kept 1k as emergency fund and paid off 7k of debt (2 plastic surgeries!). Will start looking for a second and third job and to be DONE with debt by end of the year. Im sick and tired of feeling sick and tired. Im done with it!!!

Before seeing anything about David Ramsey, I had already paid off a third of my debt and owe less than 8k on credit cards, all at zero interest - however, I also was forced to get two new cars last year, due to mine and my wife's car breaking down and while one is a reliable little beater and is already almost paid off, the other one leans towards the average cost of monthly payments that most people pay (on the lower end, fortunately). I have not been disciplined enough in tackling my finances, and this is exactly the motivation I need to hit my goal of getting all cards paid off by next year, and then focusing on the car, so I can follow the next steps.

It works. Just do it and it will change your life forever.

"You cannot outearn your stupidity" - that's gonna be my financial motto from now, thanks Dave!

I have one car payment left and i will be consumer debt free! It will be time to tackle the emergency fund 😎 Listen to Dave! He knows what he is talking about.

Currently on baby steps 4, 5, and 7. Repaid my house mortgage 3 months back. Now, I am planning to buy a second house for income generation. The only difference between their plan and the plan I followed is the fact that I still have credit cards.

Thanks Dave Ramsey, God bless!

Working on it slowly but surely! Building up my starter emergency fund by putting 15% of my paycheck into a savings account along with rounding up my purchases to the next whole dollar and putting that change into savings

More Ramsey Rants!

I like that! Dave ramsey is a champ!

I’ve been in step 3 for too long what got in the way is getting fired last August. I’m still unemployed. Fortunately I was already debt free before get fired and had a good chunk of savings. I haven’t had dip into my savings that much because I’m able to budget my unemployment benefits pretty good. A lot of people are having a hard time finding a job right now.

Love "Ramsey Rants". 💪🏽🔥

Good overview

I am working so hard, and takig great risk so I can give like no one else. It's hard in this world!

My husband and I were so close to finishing baby step 2 (within $1000) when we were hit with a family crisis that lost him his job. We had a bigger emergency fund (skipped to step 3) because we saw things coming a few months ahead of time and hunkered down to prepare for the hit-it wiped it out but we are better for it. I hope that once my husband gets the job he’s on track to begin that we can get a house and get our more permanent emergency fund and begin investing again.

We started baby step 2 and "the storm hit". We got through the storm and have started moving with the snowball again. Two credit cards down, three to go. Then student loans. Like Jade said we were a flame not a spark.

Nothing like waking up to a good Dave Ramsey rant😂

New subscriber, I like it here

Baby step 4 & 5 🙌🏿🙌🏿🙌🏿

Way before I heard of Dave I heard of John Cummuta. He taught the things that Dave teaches, but it was a little different. It totally made sense. Love Dave’s rants too.

Just finished baby step 2. Never felt freer in my life so far

Finally hitting baby step 6 here. The only change I made was maxing out my IRA's (wife and I) in the first 6 months of the year, then dumping all that on the mortgage for the last 6. Other than that, stick to the plan. Worked for me.

Miss these rants

this videos so funny, its almost like there's a caller but it's just dave yelling at everyone 😂😂

I love how George is always laughs at Dave ranting

Thanks!

I am a big fan of the Ramsey plan in general, but there are some glaring holes in my experience since it is focused primarily on eliminating debt and building wealth for retirement. I really wish the baby steps plan would also include short term savings plan techniques for larger cash purchases like: cars (in cash), land or investment property purchases, non-college tuition, etc without using "emergency" liquid savings. I realize it's part of budgeting, but not necessarily for bigger purchases that are in the 10s of thousands of dollars.

I stumbled through the plan but i made it. Damn this feels good... if you in it please believe you can do it. It is beyond worth it ALL.

Yes, no payments is great! Having a paid off home is great but it's still not enough. There are now retired people in FL that own their homes outright that are having to leave due to the drastic rise in homeowners insurance and property taxes (that never EVER go away).

Master n discoverylines were great . Add ‘chased by debt’

Everyone has there own way of paying off debt. I did and that worked for me.

You can't out-earn bad spending habits just like you can't outwork bad eating habits.

11 million people - wow!

"That's a stupid butt plan." is my new life motto 😂 4:59

Dave would make a great US president

Doing well, if I had found Dave at 25 and not 35… I would be 3X then what I am now, pay attention!

I went in debt buying dave ramsey books and courses.

I get it the baby steps work but I disagree with going on vacation... I'm not saying you should go on some extravagant beach vacation but being cooped up not going anywhere can really strain your mental health. Going on vacation can really recharge you and motivate you

Proverbs 6:5 “Deliver yourself like a gazelle from the hand of the hunter, And like a bird from the hand of the fowler.”

Yes you could be giving up too much and may not enjoy it later in life (pass before you plan) but putting your spouse and children in a better situation than crippled with debt isn't such a bad thing

5:14 I have no payments but a house payment and $21,171 in a mega money market account with 5.05% APY.

Ramsey telling it like it is 😂

My wife and I went through FPU - If you're married the 1st baby step is trying to get your wife on board with the plan 💀

When I was 28 I was taking out high risk loans with 90 day roll overs/call dates that are all illegal and you can't even get those types of loans anymore. There I fixed it.

Dave should start podcast for us Australians as well

“I am HIM” - Dave Ramsey

being 55 and completely debt free other than insurance and utilities. Making 42k a year with a huge lump of cash in a MM. I know i could get so far ahead with this cash but the world is so messed up not sure where to turn ugh Cant afford a big correction that I feel is coming.

Nobody’s paying g off their house in 7 years unless you’re making 300-400k a year

It's so hard to rationalize paying off our mortgage early when our interest rate is 2.875% - I wonder if there's any wiggle room in his plan? We have fully funded retirement accounts that, at this point, will build to well above what we will need thanks to compounding interest. So we're focusing on bridging the gap from 50 years to 65 years. Assuming the money we put into those brokerage accounts will earn 6-10% YOY in total market ETF's, it doesn't feel like it makes sense taking it out to pay off a loan that would amount to less than half the ROI.

Suck it up buttercup made me laugh😂😂😂, but it's all true.

I feel like Dave gets angrier and angrier each year 😂🤷🏼‍♂️

34 years old, baby step 3,4,5. Feeling like I’m still behind,, but listening to these calls and Dave saying if you have 15k in cash and no payments you’re top 4%, that makes me feel LOTS BETTER.

One problem with credit cards people will spend money they don’t have and say oh I’ll pay it later. Later comes then you don’t have the money then you’re screwed. Making minimum payments will charge interest. Don’t spend money you don’t have which means don’t borrow money. A lot of people’s issues with credit cards is they spend money they don’t have and can’t pay it back in full when the bill is due. If you don’t have the money to buy an item then don’t buy they item!! It’s that simple!

honestly i feel like the one thing that ramsey never talks about is the amount you need to be making or rather how to get that amount to actually do the baby steps. like all the other stuff is good stuff but the first step is to have a living income and yeah how do you do that from what i have heard apparently 1 or 2 ways. get the skills needed to stand out for that job that pays enough and or network with people to get that job. and that seems to be it.

Debt free with over $10k in savings right now. I feel amazing. Next step is get into a house. :)