This show has taught me that some people that have nice cars, many times are broke.

@EdBball99

Жыл бұрын

Honestly, one of my biggest takeaway’s from this channel. When I see someone rolling down the road in a late-model, pricey vehicle, my first thought is really just about what amount of car payment the driver must be carrying around, killing other aspects of their life 😢

@om617yota8

Жыл бұрын

I have that same thought when picking up materials at Home Depot in my 100% paid cash for $10k used truck, and the people in the $70k vehicles parked on either side of me are looking at me like I don't quite fit in. Guess what, I also paid cash for the building materials I'm loading in my truck, and invest more every month than they put towards their truck payment. They're right, I don't quite fit in, and I really prefer that.

@myZcarlife

Жыл бұрын

Yep, I'm rarely the one with the nicest car, even when I owned a brand new car. My classic cars are not pristine, either, but I own them more to work on than to show. I also have no debt and plenty of cash in the bank with plans to retire early so I can invest more time in my hobbies.

@markj6681

Жыл бұрын

@@EdBball99 LOL. I always say, "they got payments I dont".

@markj6681

Жыл бұрын

@@myZcarlife I love how you put that. I wish you can teach a class on that concept. In this new TIKTOK Era, it seems people try to love beyond their means

She says makes $15 an hour but brings home 4k a month. That means she's working 60+ hours a week. But she also said she's a student and her income is choppy. It's not adding up.

@extremecarpetcleaning-wvwi86

Жыл бұрын

I thought the same thing.

@reese85

Жыл бұрын

It’s prob choppy cuz she does make the same amount every check

@bradleygunther5722

Жыл бұрын

She's full of it. She's not "bringing home" 4k a month at $15/hour

@tuckercase2449

Жыл бұрын

I did some napkin math and figured out she's probably working almost 90 hours a week. Take that with a grain of salt: it's a used napkin and this is a comment replying to a comment on a youtube video.

@lonelydogclub

Жыл бұрын

She probably has OF or sugar daddy, that would make more sense

Lexus at $15/hr, that’s cray cray 😅

@markj6681

Жыл бұрын

And look, she is not even considering the maintenance. The upkeep on those cars are crazy

“I’m (a 27 year old student making $15 an hour) paying now for stuff I did on my early 20s!” “My main problem is a (luxury) car I bought 12 months ago” 🙄

@kendrapratt2098

Жыл бұрын

THIS😂

@ohreally8259

Жыл бұрын

She considers 26 as her early 20s

@expat8873

Жыл бұрын

I thought the EXACT same thing 😂

@expat8873

Жыл бұрын

Don’t forget she just got the job making $15/hr so what was she making when she bought the Lexus !12/hr

@jtjaf5336

Жыл бұрын

Delusional

This type of thing makes me glad that my Wife and I bought our cars outright. This really sucks.

In Boston she can get by with no car. She needs to ride the bus for a little while. In what world a student working for minimum wage thinks it's a good idea to buy a Lexus ?

@Courtney19751

Жыл бұрын

Very true. But you go some people that act as if they are too good to ride the bus. I know because I have brother that is like that. When his vehicle was down, I all of sudden had to take my nephews to school, because he did not want to be seen on the city bus.

@genxx2724

Жыл бұрын

@@Courtney19751 He should have rented a car.

@sblijheid

Жыл бұрын

@@Courtney19751 Did you do it? I would not entertain the idea of bringing someone else's kids to school just because they think public transportation is beneath them.

@ryankiel4895

Жыл бұрын

It is easy to get around in Boston on the T. Yes, this situation into which she put herself is sick.

@Andrew-3445

Жыл бұрын

$15 is minimum wage in Mass and the cost of living is among the highest in the country. If you want to live on $15/hr while going to College, gotta live on rice and beans and either ride the T or get a cheap $5k or less car.

Crazy that people manage themselves like this.

Her situation is really bad because this is the first time I’ve ever heard Dave tell someone to borrow money to get out of debt.

@sarahburggraf907

Жыл бұрын

Yesssss

@donjohnson1416

Жыл бұрын

This is his standard answer to this question about being upside down in a car. I did this in 2008 BECAUSE this is what he has always said to do. Better off owing $4k than $18k on a car. He will never say borrow to consolidate.

@FlexiFlo07

Жыл бұрын

Exactly

@sobeliever1638

Жыл бұрын

He has said this several times before for upside down carsn

@Thenewlife83

Жыл бұрын

I don't understand her situation

That’s wat happens trying to impress others that don’t even care

Financial stupidity is very fashionable nowadays. It usually happens when ego gets bigger than common sense.

@amireallythatgrumpy6508

Жыл бұрын

Most people don't have any sense. It certainly isn't common.

@austintomkewitz3981

Жыл бұрын

I'll never let me ego get bigger than my wallet maybe not common sense but definitely wallet

Why do people who are still students (even if working too) buy a Lexus? 🤦

@jml9550

Жыл бұрын

Because she is able to sign the loan contract.

@fifthdimensionguru

Жыл бұрын

Because she's an "Independent woman ".

@KENTUCKYUSA1

Жыл бұрын

Another good question is why would anyone loan money to a deadbeat like this? Why would they roll over previous debt into a loan where there is so little collateral?

@stevenporter863

Жыл бұрын

@@KENTUCKYUSA1 Sales people just want their commission. They should only pay a commission to these salespeople as payments are made.

@carolr7823

11 күн бұрын

@@stevenporter863 It's not the salesperson problem that poor people are greedy and want to look like they are rich.

Selling a car without a title is how Carvana found themselves banned from selling in numerous states.

None of the other hosts could have thought of the solution Dave gave her. Not even close. None of these kids are gonna cut it when Dave is gone. Sad.

Love Dave’s empathy here, instead of riding her down for some bad decisions.

Love the sticker on the laptop..."BETTER THAN I DESERVE."

This lady never met a debt she didn't like.

$4000 take home making $15 an hour??? Either she is working her tail off like crazy or she has a side hustle she isnt too proud of and wont mention it.

It's Boston. There's some places that you can just "park" the car.

And then people ask why they never go ahead in life. Student+15hrs+driving a Lexus= never go ahead in life.

This woman is a walking financial disaster.

@JR-wu8dc

Жыл бұрын

Most people learn financial responsibility after being forced to get out of a mess.

@Jim_Curtis

Жыл бұрын

@@JR-wu8dc I am not sure it is "most" people that learn. If it were, there would not be 17+ trillion in consumer debt in America. I think most people just stay in their comfort zone no matter the consequences of debt. They think it's the normal way to live.

She's making $15/ hour, and she's bringing $4k a month? That math ain't mathin'.. Her numbers don't add up

@reese85

Жыл бұрын

Could be overtime

@marcenelj

Жыл бұрын

@Reese if it's overtime, she would have to work more than 80 hrs a week to bring in $4 a month. At $15/hr for 40 hours, that's $2400 a month. That's before taxes.

@reese85

Жыл бұрын

@@marcenelj you kno overtime is time and a half right? So that 15hr an hour turns into 22.5 hr! So she wouldn’t have to work 80 hrs to get that

@cutehumor

Жыл бұрын

She lives off of student loans

@erickarriaga6730

Жыл бұрын

It’s probably base pay and she’s in some types of sales that she makes commission

$15 an hour job do not equate $4000/month income without a lot of overtime

@reese85

Жыл бұрын

You literally answered your own question

@workinonit9562

Жыл бұрын

@@reese85 She is a student, not much chance of her working much overtime.

@reese85

Жыл бұрын

@@workinonit9562 she never said if she was full time or a part time student! Like I work 60 plus hours a week but if I wouldn’t to take clases on the side, I can no problem

$2k for a car that even drives? Not here in Seattle

I see all these brand new Yukon Denali’s, Escalades, Grand Wagoneer’s all over the place here in Minnesota and cant imagine the payments on all of these because very very few people are actually dishing out $80k-$120k cash on anything

Pitiful garage sale cars are becoming expensive.

If she just started living frugally and paying off debt, she would b fine in the future. But she has to stop adding on Mistakes after mistakes

Dave needs to realize even a used beat up vehicle is more then 2,000 dollars

@xsgtxbigboy1655

Жыл бұрын

More like 5k now and there’s still ton of problems this ain’t 5 years ago when you can get a 4k car that runs decent

Living above your means for a car!

Nah man, I bring home roughly 4,000$/month making 75k a year. Something isn’t adding up.

Ouch, when Dave said “we already asked that”. I feel like Dave is getting frustrated with jade talking over him and asking random questions

@truckingmoney485

Жыл бұрын

She sucks!

I don't know how she brings home 4k a month making 15 an hour!

It all about people need to reach out and get educated about finance. My parents and grandparents didn't teach me how to save or invest. They just taught me how to spend. I had to learn and that's why I watch your show. I keep learning and I'm in good shape. I didn't have kids, but if I did, I would start teaching them how to manage money at a young age and keep teaching them.

@sblijheid

Жыл бұрын

My parents didn't teach me anything about money either, but I just put the math I learned in school to practice. I was in the seventh heaven when I learned the percent operator and how it works on a savings account! Of course, interest rates were better back then.

Easy to be successful because people r so weak these days. These questions are super childish. Thank god i have the parents who guide me to be in a solid financial security.

When the math didn't add up, Dave should've asked if she was receiving child support and if so for how many kids. That said, I wish her well as she gets out of debt.

Legend

NFCU has a department called Personal Finance Management and the help with this exact thing. Give them a call

Common sense should be classified as superpower. A student and 15 bucks an hour and wants to drive a Lexus. Living for others much? 😂

@amireallythatgrumpy6508

Жыл бұрын

It should be called "rare sense" nowadays. Nothing common about it anymore

@jml9550

Жыл бұрын

Exactly. I and wife didn’t get to drive new cars until we were in our 30s. And we pay cash. This is pure insanity and she is not thinking as a 27 YO.

@matthewsims9469

Жыл бұрын

lol much🤣

Why is she getting a lexus with a $15 hr salary??? And its a second car, is she ok?

Did anyone notice how Dave reprimanded jade when she asked if the caller had any money?

@johnnhoj15

Жыл бұрын

Yes, as he should have.

This is why I rather just rely on public transportation. In Boston if you’re near a T station you have easy access to the city. Letting my car go was the best decision I have ever made in my life 💯

I knew from the title that there was going to be a car involved in this video.

Living the LOP lifestyle Life On Payments

When I was a student, I drove my grandma's old Pontiac that was worth about $500

Why does a student with a choppy income need a Lexus and now thinking of a lease?

$15hr is 31k which is 2583 a month where is she getting $4000 from?

@reese85

Жыл бұрын

Do anybody in these comments kno how overtime works?

@enhancedutility266

Жыл бұрын

@@reese85 overtime while being a student

@reese85

Жыл бұрын

@@enhancedutility266 ok! I’m not understanding

Even thirty dollars an hour after tax does not make $4000

@amireallythatgrumpy6508

Жыл бұрын

Who's saying anything about after tax? Working 60 hours a week at $15 per hour is $3900 per month before tax.

It took a full minute for her to give an actually piece of useful data.

$15/hr is not even close to bringing home $4k/month

@amireallythatgrumpy6508

Жыл бұрын

Working 60 hours a week at $15 per hour is $3900 per month before tax. This is not about 'take home pay', it's about before tax pay.

What is a college student 👩‍🎓 driving a Lexus?

15x40 is 600, 600x4 is 2400. And she said she is a atudent so her hours that she could work overtime are limited. And thats if her job offers overtime

31k at 9 percent for a 2016 idgaf that it’s a Lexus holy hell.

the days of 1-2k cars are pretty much gone unfortunately for people like this.

"pitiful cars" have a good chance of breaking down somewhere, which creates repair bills especially if the driver doesn't know how to fix things or if they don't have tools to do so. "acceptable used cars" are better with regards to maintenance and repair BUT, these days they're pretty much double of what they should cost. the caller is in a tight spot... hope she gets over this hurdle.

@markj6681

Жыл бұрын

That's my only criticism about the call. A pitiful car is trouble, usually. How pitiful are we talking? I would want her to have a decent used car, especially a young woman. I am a mechanic and it cost alot of money to maintain a pitiful car. Unless you look at like this... Let's say you get a pitiful car and you completely restore the car... engine. transmission. Interior gadgets. You will still come out far less than 31K

@front331

Жыл бұрын

​@@markj6681It's called having NO money or living paycheck to paycheck. Do you suggest she takes out another loan or borrows money from family to afford this said "decently used car"?

@markj6681

Жыл бұрын

@@front331 No I get it. I wouldn't want her to take out a loan for anything, let's get that straight. I would love her to pay cash for a car and be done with all her worries but how pitiful of a car does she need to get. A lemon? A hooptie? A bucket? P.O.S? I am sure she could find a decent, reasonable and affordable cash car, I am just saying that pitiful cars come with problems too. Let's say she somehow comes up with 2000 to buy a car. She borrows it from family or something. She goes out and buys a pitiful car that "seems" to be in "decent" shape. What happens if something major happens to that car, an unforeseen issue that ruins the car. And I know, that can happen to any car but I am saying - it will more than likely happen to a high mileage car as opposed to something with less millage, in theory. I would advise her to find ways to use public transportation. If not available, then find a friend or coworker going your way. Borrow a car until you have enough money to pay for something worthwhile

@donjohnson1416

Жыл бұрын

DRAMA lol. ANY CAR CAN BREAK DOWN, even one with a payment.

@donjohnson1416

Жыл бұрын

@@markj6681 You just said you dont want her to borrow for a car then give an example of her borrowing from family $2k lol lol.

$15hr...

@synelpt2927

Жыл бұрын

And driving a Lexus

I need your help!

$15 an hour is nowhere near $4000 a month.. start there..

@reese85

Жыл бұрын

Overtime

The bank clearly knows the difference. They have to give a different loan. Lol

$15/hr and $4k a month sounds cap

A student? 15 an hour. A Lexus? Wow. I know too many people like this who purchase a Lexus. Wow. Just to be "cool" and show off.

Why is a "student" driving a Lexus?...

Pitiful car.

@percivalgooglyeyes6178

Жыл бұрын

"I pity the pitiful car fool!" - Mr. T

The only problem I could see happening is the current bank and other banks could say no to the extra funding. Hopefully not the case of course.

@chuckmay6563

Жыл бұрын

Why would they not say no? The vehicle is the only leverage they have to collect the debt. If they loan her the $10,000 unsecured, they have no leverage to "encourage" her to make her payments.

Wow, $15 an hour with a Lexus. My goodness

She’s driving a Lexus though 😅

I'd be asking this young lady if she can get where she needs to go on public transit.

I think when she asked about “leasing it”, she meant that she was considering leasing her Lexus to other people. Not a smart thing to do at all, but I did hear another caller, a few months back, ask about leasing out his Tesla to tourists 🤡

@jrey1

Жыл бұрын

Like Turo? That may be what she meant

There is no car that pitiful in Massachusetts. A $1000 car would probably be just a rusted out frame.

They should be called vehicle leashes rather than leases cause man they tie you up to their benefit any way you look at it.

@amireallythatgrumpy6508

Жыл бұрын

No, "fleeces", as Ramsey calls them all the time, is much better.

$4000 is 48k a yr

I make 25 an hour and make bring home 3k a month and she makes 15 and said 4k a month? What am I missing

The title should be 'This is financially stupid'

Minimum wage driving a Lexus.

✝️🙏

I don't wish to be unkind, but this lady is extremely financially "challenged." Sanjosemike (no longer in CA)

Anyone see the new Chris Rock Special? I bet this is the worse kind of Lexus the make.

@reese85

Жыл бұрын

Was it good? Imma watch it this weekend! I’m actually goin a comedy show tmw to see his brother

@djpuplex

Жыл бұрын

@@reese85 yeah he doesn't hold back

@reese85

Жыл бұрын

@@djpuplex thanks! Imma def watch it this weekend

@handleyobusiness

Жыл бұрын

@@djpuplex one of my favorite all time comedians

4k a month take home?? Thts about 48k after taxes..how does she get tht out of $15 an hour ?

@amireallythatgrumpy6508

Жыл бұрын

By working 60 hours a week.

You are not bringing home 4k/mo on 15/hr, not in any universe lol

How could anyone with a 3rd grade concept of math think that being 31K in debt for a car while already being over 10K in other debts while making 15 dollars an hour is not egregiously stupid? Not even factoring in interest or income taxes, just dividing her debt by 15, it is over 2900. Meaning 2900+ working hours which is 49 weeks of working 60 hours per week. Even at the most rudimentary level, this is insane

@costco_pizza

Жыл бұрын

Well all I can say is no one will respect you driving a used Honda all day. Who will respect or appreciate you? This caller wants people to see her as a somebody, not a nobody. I completely understand why she did what she did.

@davidleavitt3804

Жыл бұрын

Yes and for a newer car.

@uchihaitachi5905

Жыл бұрын

If it were just down to math no one would be in debt. People get into debt because of an inability to control their impulses and emotions. I'm sure she enjoyed showing off her new Lexus at the beginning.

@johnadams3418

Жыл бұрын

@@costco_pizza I have never bought a new car nor owned a Lexus or equivalent luxury brand car. I'm sure people are stop lights that I will never meet nor care about think of me less. I'd rather have wealth and a nice home because I will spend much more time there than in a car. It also isn't a guaranteed depreciating asset like a car. People who "are" somebody, do not need to let others know it.

@alexhunter4650

Жыл бұрын

@@costco_pizza I don’t “respect or appreciate” the kind of people who respect or appreciate you based off your car and knowing nothing else about you You’d rather go into debt and have people you don’t even know “respect” you? Honda is a great car btw and new cars depreciate immediately

Sheesh owing 31k on a 2016 Lexus. I feel better only owing 15k on my 2015 Lexus

@Mr_Banker222

Жыл бұрын

Lol no one cares

@ethanshy280

Жыл бұрын

That is stupid too.

4k month on $16 hour?

File bankruptcy suga 🤷🏾‍♂️

@reese85

Жыл бұрын

Crash the car

@Nick-gk6hj

Жыл бұрын

Over 10k? OK garbage person.

@reese85

Жыл бұрын

@@Nick-gk6hj over 10k what, rolled over equity? Cuz once the car gets totaled out. The rolled over equity would be cover thru gap insurance

@Nick-gk6hj

Жыл бұрын

@@reese85 NOT YOU

@Nick-gk6hj

Жыл бұрын

@Reese well maybe you too. Nobody owes you anything, be a man. Pay your bills.

Not a fan of this girl, Dave doesn’t need any props..

I heard about one person who did buy a car without the title. There are dumb people in this world.

Brings in 4K with 15 an hour?

@amireallythatgrumpy6508

Жыл бұрын

60 hours a week at $15 per hour is $3900 a month...

Sell the car. But she have too much debt ot take out a loan to pay off the car, to go and sell it first.

@reese85

Жыл бұрын

All she gotta do is crash the late night on the highway and say a deer jumped out in front of her and she lost control!

@jwlsngold5026

Жыл бұрын

I can sell my paid for car right now for more than what I paid "CASH" for it, feels pretty good!! 😁 'Cause in the past I've been where she is.

@jimmymcgill6778

Жыл бұрын

@@jwlsngold5026 So. I am not talking about you.

@reese85

Жыл бұрын

@@jimmymcgill6778 why you being so rude? There just happy to be on the other side for once!

@jimmymcgill6778

Жыл бұрын

@@reese85 I was taking about the caller, not anyone else.

I am a firm believer in Jesus Christ praise God praying for Everyone Everyday God bless you All

@foodmens

Жыл бұрын

Glory to The most high that reign in the heavens

@PInk77W1

Жыл бұрын

I’m Catholic Jesus started one church The Roman Catholic Church

She needs to marry a doctor with no student loans. Or bankruptcy is in her future.

@joechang8696

Жыл бұрын

get a Masters of rs degree

@stevetren9248

Жыл бұрын

best advice ever.

@lonelydogclub

Жыл бұрын

No doctor will marry her and her debt though. That is the reality of the situation.

@TimeisUp22

Жыл бұрын

She makes approx. 48k a year and is 45k in debt. She is also only 27 y/o. Ive seen worser odds and scenarios on this show.

@donjohnson1416

Жыл бұрын

She would spend all that money too. You cant fix an emotional problem with money.

Lol 4k a month she has sugar dadz Dave!

She sounds like she's 70.

I get anxiety whenever Dave cuts off the co-host lol

She makes 15per hour brings home 4k..which means she prob makes 6k a month..is she working 80hours a week plus shes a student..sorry but this doesnt add up..wow

@kleindropper

Жыл бұрын

I'm guessing stripper who pockets a lot of cash which she doesn't want to report

I wonder what is she studying

Only Fans is hiring.

Waitress or bartender or something with tips

Many callers are tied to vehicle financing. When will our legislators improve public transportation access?

@Sizukun1

Жыл бұрын

You can't legislate away stupidity. Her problem isn't more or better public transportation.

@jml9550

Жыл бұрын

@@Sizukun1 exactly. People will find stupid stuff to spend on no matter what.

@enhancedutility266

Жыл бұрын

They won't because car ownership is tied to profits for the big three automakers in America and it fuels taxes for the highway transportation fund in bankers also get a slice of that interest revenue as well

I hate these vague video titles.

Habitual liar

A poor black with a Lexus. Hummmmm

Jesus Christ died for our Sins According to the scriptures and that he was Buried and that he rose again the third day praying for everyone everyday God bless you all 🙏

This is somewhat painful to hear she has made every Financial mistake you could ever come up with