"you're not going to do any of this but I'm going to tell you anyways" 😂😂😂😂 "What do you think debt is" 😂😂 "Do you have any other non-debt that is debt?" Dave was on a roll in this call.
I love when Dave asks a simple question, and gets a novel. How much is owed on your mortgage? “Well my first boyfriend in 5th grade was named John, but then we broke up…”
All the young men, all the young women out there. Please listen to this call multiple times. if you have this type of thinking or your partner does don’t get married until you get on the same page. And understand exactly what’s going on financially. All the love all the romance all the religion doesn’t matter you’re about to enter into a legal contract. Be safe
@@rnt45t1 I agree men shouldnt get married. The minute you do, every thing that can go wrong will be assumed your fault. From family, to the police to courts. For women though, they need to be 100% sure the man is tamed. The woman on this call has an issue, lol.
@@rnt45t1 Wrong!! My wife and I have a great marriage. We haven't had debt for years, we have a paid-off house, a good retirement built-up, kids college was paid for, etc. Had anniversary #40 a couple of days ago. We were smart about it.
I wonder how many people actually have 10k in the bank? He should have more for what he makes but sounds like they have hefty expenses so not really surprised . I’m guessing she doesn’t know what he has in the bank.
@@grantv2313 a young person graduating college with loans, starts job at a modest salary + car loan. Salary grows over the next several years. Assuming he has spending under control, it could be the loans get paid off about the same time as he gets a good raise. in this scenario, he could transition from debt + paycheck to check living to all of the sudden having a good surplus. In this case, he may have put up a good down payment leaving him with near zero saving, then grew to 10k
@K. D. K. Completely agree with your comment. She is immature and vague with her information. It's frustrating when callers aren't serious about their financial issues. How do people not know what they owe on things when in deep debt!!!!????
It's nice to hear an average person getting caught by Dave 😂. Most people do not believe that car payments are debt, they look at them like utilities. Most people do not believe that a mortgage is debt.
He himself is leading people to believe that: "How much debt do you have, 'not counting the house'...?" It's his line in almost all calls when figuring out the finances So if anything, he should be called out on this issue
@@OTOWN2STOCKTOWN no he's not. The reason he says "not counting the house" is because mortgage IS debt.. he has to directly ask for your debt amount WITHOUT it because he recognizes it is debt..
it was so frustrating to hear her claim to have no debt then to discover she doesn't consider a hefty mortgage and a brand new car lease, nor her fiancee's car payments, to be debt.. then she didn't seem to really be focused on the actual amounts, which i'm guessing are huge. I'd be willing to bet her "non-debt" car loans / leases are for expensive cars. Given their income I even think her mortgage was super high- in a state where net income is reduced due to state and city income taxes. Has she ever listened to this program before? how can she not think of those things as debt? I wanted to pull my hair out on that one.
Especially with their high incomes. Why on earth would someone with $130k/year salary have car payments? The only reason is they are spending way above their income.
@@littleripper312 130k a year and your not allowed to have car payments? I dont know about you but 130k a year im living pretty comfy with my car payments. In case your math illiterate, thats close to 8k take home a month...for one person...
To be honest I think she just wanted Dave to congratulate her for having a large income. I dont get the feeling that she is very financially literate, hence the fleeced vehicle.
I’m also debt free. I only have my mortgage, 3 car loans, student loans, an IRS judgment, 4 credit cards, a personal loan & a small medical debt left. Debt free scream here I come!
Something tells me she over inflated their incomes which is why they were conveniently both 130k... Im also willing to bet that those over inflated salaries are BEFORE taxes. I mean if she lied about having debt then how is anything else she said credible ? She's a liar AND makes poor life choices.
maybe not. There is no way they just got approved for a 600K/$3500 a month mortgage payment without the tax return/income. Especially with all the other debt she listed they have (car loans/student loan debt) their income had to be over 10K a month. It had to be. Other wise the bank would not have approved the loan amount.
LADIES… stop letting these men shack up with you or stay ‘engaged’ for years! They don’t want to fully commit! Got one foot out the door. Stop hanging on to these losers!
I haven't even listened to the whole thing yet, they got to the point where he asked her if her fiance had any debt and she said no and then Dave asked does he have a car loan, and she said "yes" and Dave said "what do you think that is?" I have been laughing for the past 10 minutes! My sides hurt! 😂😂 She said that she owned her home, and then she has a mortgage on it. Sweet Summer Child, you don't own your home. The bank owns your home, they let you rent it. 😂
She call a financial show without having her bills in order. Sounds crazy to me. She not organized at all. Yeah a disaster is waiting to happen any minute now.
My household is a sole income household at $77k. We live pretty well. I have an IRA, 403b, Index funds, and one year of emergency fund. I can't imagine $260k a year. That would be so unbelievably life changing. How could someone be broke making that? Even $130k, how are you broke?
@@OTOWN2STOCKTOWN what would make you think that? High taxes and a $3500 payment is only like a 500k house. If she said 35k I would call bull but not 3500.
I've bought a house with a boyfriend. It's one of the dumbest thing you could do financially. I was young and foolish. It worked out in the end but it was a hard road traveled.
He's probably paying for everything thinking it's the manly thing to do going broke. While she's saving up 150K telling him how blessed she is to have him 😕
Do people not know what debt is? !!! Wake up people ! Owe everyone and think they are ok. 260K income when they get married should be able to pay off everything in very short order.
Her attitude towards debt is exactly what is wrong with this country. If she has kids I bet you they think the same way that she does. They don't know the definition and the true weight of debt, so they will also be in harm's way. It's really not something to just laugh off. And then everyone gets all upset and blames other things when THEY are broke. No, it's not capitalisms fault, it's not your employer paying you too little, it is largely YOUR fault for not being careful and competent in YOUR life.
People have to start realizing that engaged is not married. The sixth commandment (You shall not commit adultery) is a serious problem. It is frightening how flippantly people dismiss God's Law. Getting smart with money won't solve that problem.
I'm happily married & I recently bought a new house! I put it in my name only! I'm paying for it all by myself! My husband has a son by his deceased wife! He received his inheritance after her death & my house is not going to be another part of his inheritance! I have a son & he will inheritance this house after I go to meet my maker! We must look out for those we want to protect! Our children are grown! My son still looks after me & his stepfather! My husband son is married & we don't hear from him much since he received all of his inheritance!!!
This caller....sounds so clueless. Hope nothing serious happens in her life, she sounds like she lacks critical thinking skills and would have no clue how to address or solve a serious problem.
I always talk about how women can't be getting serious with men just because they're cute. Financial literacy, and stability in a man is important, and a man who can make some good life decisions.
Same goes for the women. If you're financially literate and she's stuck in stupid, how can you want to hitch yourself to that just cuz she's pretty? She's gonna make you miserable.
I think she called the wrong show, or has zero clue who Dave Ramsey is? HOW is a mortgage not debt? A car payment (lease, same thing)? Also a little sus they both make the same exact amount of money per year. Dave is patient, way beyond what he should be. He needs to be firmer with people like this. She was a complete dunce. Clearly has no idea what the baby steps are, or she's just decided her way is better, but then why call?
If you make 130K a year, why would you need a lease? You can save and buy outright, except if you buy a $200K car. I don't think this lady has met the truth yet.
Lol either this lady is clueless to what debt is or she has enough money to pay it all but she doesn't want to therefore she don't consider it debt. This caller is funny.
The sooner they get married the sooner SHE is protected, but the sooner HE takes on risk. He's probably not broke, he's just not letting her know about his premarital assets.
Sounds like she would still be taking on risk, considering her new fiancé is hiding things from her. I have no doubt he’s indeed broke. A lot of people who make that much are
