They fact that it doesn’t amount to more than a few bucks a month isn’t the point. The point is that they are doing these things gradually, but intentionally. See frog in boiling water 🐸.

@Paul-jp8zz

Жыл бұрын

It's probably closer to $40/month, and for 30 years that's over 14 thousand dollars. This is not inconsequential

@gregoryfox6555

Жыл бұрын

Yes its the principle of it!!! I don't care if its .01, I should not be responsible for "Helping" people get mortgages they cannot afford (Which by the way caused 2008) when I've played by the rules for 15+ years

@pamcornelius9122

Жыл бұрын

💯

@Paul-jp8zz

Жыл бұрын

@@gregoryfox6555 right on.. In this case it's not even necessarily that they can't afford it. FICO score isn't a measure of what you can or can't afford, it's a measure of your responsibility.

@ladyraddxjbs5893

Жыл бұрын

@@Paul-jp8zz it’s like nothing in California

Inch by inch, they take and take. So although it’s not significant now it could be later.

@davidrosenthal5795

Жыл бұрын

“They” who would this be? Lol 😂

@corruptfaith6674

Жыл бұрын

To bad 80 to 90 percent of the population is either uninformed or propagandized.

@FrankandCents28

Жыл бұрын

Property taxes started small, look at them now. The gubment can always raise rates, and they will.

@neoarmageddon

Жыл бұрын

Thank you Dave for explaining this the right way. You will be missed when you retire.

@SOURCEw00t

Жыл бұрын

Yeah I agree with you. The billionaires also do the same. Let's not forget who's oppressing who more

It’s not the amount that’s important, it’s the principle, getting people used to it, and they’ve already talked about going further!

@nessapalmer5316

Жыл бұрын

Exactly, it demoralizes society

@jlkkauffman7942

Жыл бұрын

@@nessapalmer5316 this is one thing that annoys me, where do we draw the line. auschwitz didn’t affect anyone here in the states so why should we care, now I know that’s an extreme example but where do we draw the line. This is what they do death by a thousand cuts, politicians know they can’t just pass the most extreme policies right away, so they move a little wait for the dust to settle and take a little more and they keep going. Maybe we should do what Ukraine did and take a stand and say we are not giving even an inch of land to the Russians!

@brucesmith9144

Жыл бұрын

Conditioning people for a “universal basic income.” New age feudalism.

@tp2213

Жыл бұрын

I agree with Dave, it’s all show but I agree with you as well- when society (who doesn’t think for themselves mostly) just keeps hearing it, it becomes familiar. Less scary.

@is0sceles

Жыл бұрын

They're getting ready to mint the "trillion dollar coin." If they keep racheting up the absurdity, people will think it's okay.

Definitely socialized mortgage 😢. Rich people are not affected because they can pay cash for houses. This hurts the middle class.

@mathisnotforthefaintofheart

Жыл бұрын

The middle class has been hurt for over half a century! Regardless who is in office

@ericjohnson2475

Жыл бұрын

Well then follow what he's telling you and you won't have these problems... Why is it so hard

@GT-xw7qy

Жыл бұрын

@@mathisnotforthefaintofheart Directors law

That’s $15k more over the life of a 30 year mortgage. That isn’t “just a couple bucks”

@BuckMulligan72

Жыл бұрын

If you are an American and $15k over 30 years is a life-changing amount of money for you, you are a loser.

@michaelf6705

Жыл бұрын

Daves wealthy and makes his money off this, but he loves to pretty much slam anybody , has become so arrogant. Its not the amount the fact is it wrong period, and we all know it doesnt stop here.

@joeyhenderson1624

Жыл бұрын

15k won’t change your life 😂😂

@jceddy1

Жыл бұрын

$40 per month now. No doubt this will get "inflation adjusted" at some point. 30 years is a long time, in 30 years $40 will be worth $10 today.

@MariuszChr

Жыл бұрын

you are not suppose to take 30y mortgage. It's extremely expensive loan.

High Achiever Student: I aced the test, why did I get a B? Professor: Oh that’s because we gave it to the student that got a C so that he could also get an equivalent grade. Equal opportunity grading system! 😢

@Retiredmco

Жыл бұрын

That's called DEMOCRAT equity!!!

@lHurtYourFeeIings

Жыл бұрын

And math is racist therefore blacks all get A+.

@thefpvlife7785

Жыл бұрын

Hogwash. Stop making up fake stories man.

@TheAMBULOCETUS

Жыл бұрын

It’s like participation trophies for losing! Yeah, we wouldn’t want these sensitive kids to be traumatized for life😅😅

@calebnutter2511

Жыл бұрын

They do this. Affirmative action

$10/month per $100k is $3600 over 30 years. That's real money, especially when you are talking higher loan amounts. It's almost $15k on a $400k mortgage.

@codywork-us7wu

Жыл бұрын

Again, as Dave said, "If that much money changes your life, you don't have a life". 3600 over 30 years, which is over half of a persons working life, is absolutely nothing. If you are 30 years into your career and 3600 changes your life you have serious problems.

@LittleMopeHead

Жыл бұрын

@@codywork-us7wu I agree with what you said, but you missed the point he's saying.

@amireallythatgrumpy6508

Жыл бұрын

Over 30 years, 3000 is still nothing

@kylerider7125

Жыл бұрын

Another reason to pay it off early

@weldinggirl

Жыл бұрын

@@kylerider7125I think you are absolutely right!! Every penny I have extra is going towards just that!!

Dave saying sussy just made my day😂💀

@thetarotdetective3363

Жыл бұрын

Made me laugh too 😂😅

@MrScootzy

Жыл бұрын

Went to the comments to see who else laughed at that

@KoletheCotter

Жыл бұрын

🤣 I'm dyin

@deanhydra

Жыл бұрын

😂😂😂

@whyamimr

Жыл бұрын

Dave owes me $1300 for saying "sussy".

This is like saying inflation going up by a few percent doesnt change anything. Until it keeps going up "slowly" every year

@ninjagirl226

Жыл бұрын

And so do taxes….

@RusskiCommieBot

Жыл бұрын

How did you go bankrupt? Slow at first, then suddenly.

I absolutely love listening to Dave and George 😂 They are completely hilarious. Hope this show never ends!

@katyedwards3935

Жыл бұрын

It will either when he retires, is no longer able to do the show or when he's at the end of his life and the others don't want to take over. Hopefully his son will take over at some point. He and Rachel could be permanent co-hosts.

@carlosmiro4932

Жыл бұрын

@@katyedwards3935 That’s what often happens in family business.

@tanmay_6363

Жыл бұрын

@@katyedwards3935 😣

@katyedwards3935

Жыл бұрын

@@tanmay_6363 What's that s'posed to mean?

"it doesn't affect you (15 year loan)" For now.....

Thank you for putting this all into perspective. It is definitely alarming that the politicians are playing games like this. It might amount to small potatoes now but the precedent has been set. Hopefully, it will be disputed and tossed out in court.

@Elementalism

Жыл бұрын

@Abbey Dunne How does this stop greedy developers and landlords?

@ZildjianMan30

Жыл бұрын

​@Abbey Dunne OH the tired, old line about those who have and those who have not. Ya, stop those evil people from building living spaces. How dare they. You missed the main point of this issue - precedent. Maybe next time they will raise your rate by 12%? Maybe, if you have good credit, they will require you to subsidize other people buying cars by forcing you to pay a 25% extra tax? Maybe, if you're a property owner they will require you to pay $200 per month in road taxes? You know, to help the poor, and to stick it to those evil greedy people! Viva la socialism! P.S.: if you don't like any of that, and you refuse, straight to prison and a lien will be placed on your home. Say bye-bye to your property.

It punishes the folks that are responsible, and rewards(in the short term) financially irresponsible folks, who will probably end up loosing the house anyway.

Hearing Dave say “Sussy” was the best part of the video 🤣

@KK-ce2hf

Жыл бұрын

Right 😂

The stimulus lasted the trip to the Apple store to get the latest iPhone or a trip to BestBuy to buy the biggest TV. Lol

@Dooguy

Жыл бұрын

LOL did you nail that.......Exactly!! omg some people.

@charleslavoie5402

Жыл бұрын

I know a few people who bought ar-15s with that check…. So ironic

@Blestmama7

Жыл бұрын

Ain’t that the truth😂

@josh3326

Жыл бұрын

Mine went to savings, because I knew it would come back to haunt me come taxtime.

This sounds like 2008 all over again.

I can’t believe Dave who advocates for knowing where each dollar is spent actually thinks this is nothing.

@hiramrosajr8231

Жыл бұрын

It is you blow that on cofee

@radioheadfanlove

Жыл бұрын

I was thinking that too!!!!! This actually REALLY surprised me to hear these guys say this. :(

@radioheadfanlove

Жыл бұрын

And I actually really hope Ramsey’s team will make a follow-up video to clarify on this. :/

@michaelf6705

Жыл бұрын

How can you set a budget or live within your means, if you have no clue where its going, and in a months time i sure cant maybe you can.

@michaelf6705

Жыл бұрын

As far as the gov knowing, isnt none of their damn business.

I wonder, is there a single genius somewhere on planet Earth who can predict the outcome of punishing people who get it together while rewarding those who don't. Anyone? Anyone out there who can articulate the obvious outcome?

LOVE DAVE but I went with a 30 year loan on my house. I paid about .125% more on the interest rate a couple years ago over a 15 year. I did this because if times ever got super tough, I was committed to a lower house payment. Currently, I am making additional principal payments each month to have it paid off as if it was a 12 year loan. Yes, I am probably paying more interest but that is worth the security for me.

@PInk77W1

Жыл бұрын

I paid cash for my home for the same reason

@GunGlutton

Жыл бұрын

Yea I went with 30 year in case of an emergency like me or my wife lost our job

@6alisk

Жыл бұрын

That’s good.

@FreedomFighter485

Жыл бұрын

I did something very similar, it makes sense to lock in a lower payment and just make additional payments every month. It helped me sleep well at night knowing that i'd be able to make the mortgage payments even if i lost my income. Which actually happened twice in the past 10 years.

@xterra4hire

Жыл бұрын

Dave would have told you to by a lower cost house, but I did the same

His co-host is a “Dave” in the works…love his calm demeanor though when answering questions and giving insight.

@johnbob1963

Жыл бұрын

He started out as a intern and learned well.

I do not care how much it costs; it’s based on the principle of the matter. Do not charge me anymore than what I need to be charged.

So Student Loan Debt Hasn’t Been Cancelled But There’s A Plan To Boost New Home Ownership lol. 😂

This reminds me of when my wife and I were apartment searching and found a place we liked and could afford. Then we were told we made too much money to live there. It was subsidized housing. We made like 80-100 combined. This was back in like 2005. Ridiculous. They literally turned away customers who wanted to and were willing to pay. Glad we didn't live there since nowadays that town is full of ghetto trash. Gee, wonder why.

@Mrsmetamorphosis2012

Жыл бұрын

I will blow my money on a home in a safe community n not eat out 🤷🏽‍♀️

@nycdweller

Жыл бұрын

*there

@Jake-tt2iv

Жыл бұрын

These are the consequences of living in a black ethno state. They literally make life worse for the rest of us.

@GeneralSirDouglasMcA

Жыл бұрын

Hopefully they’re full of tenants who don’t pay their rent.

@sew_gal7340

Жыл бұрын

Ghetto is the first sign of the apocalypse in terms of home value

It is so much more complex than this! $1300 is a lot for me an RN, who was injured and unable to go back to work. Lucky for some of you that very very tough times didn’t happen to you!

This is still absolutely an abomination. Let’s go Brandon!! Punishing people for good responsibility

@tanmay_6363

Жыл бұрын

😣

@bossfootbagstwo2078

Жыл бұрын

Full blown Communism is what it is! It’s NOT welcome in this country…

@jorgecampos31

Жыл бұрын

The Trumptard came out of you quick. Bet you will be at church Sunday morning. What is "brandon"?

@forevergogo

Жыл бұрын

Lets go Brandon, I agree

@hiramrosajr8231

Жыл бұрын

Brandon

So they basically they are going to give loans to people that are already bad with money and can’t pay their bills as it is. Got it. So basically the new loan that they’re going to get this year they won’t have in two years when their house goes into foreclosures, right??? Have I figured this out correctly?

@DMoney505

Жыл бұрын

You are correct, Sounds a lot like 2008. Give mortgages to anything with a pulse what can go wrong??

@jesusis1459

Жыл бұрын

Exactly...

@bigshoe84

Жыл бұрын

@@DMoney505 Agreed, this is part of the reason the bank failures don’t bother me. It is their greed causing it.

@mermer7330

Жыл бұрын

The logic baffles me as well

An attack in the middle class.

1300 is important to me.

Good thing I've got a 30 year fixed locked in 16 months ago at 3.15%.

"If $1300 changed your life, you don't have a life!" Good one, Dave. Love you.

@RayneyKayLa

Жыл бұрын

Yea but that's kinda messed up. Not everyone can be middle class. I'm not in that situation but 1300$ is a lot to a great deal of folks I guess.

@YO-np6jv

Жыл бұрын

Truth!

This is like having twin sons or daughters they both attend school one gets all “A’s” the other gets all “F’s” you reward the F student with desert while the A student receives nothing. 🤔

Kind of like they do with auto insurance rates. Charging drivers for “uninsured motorists.” 🤦🏼‍♂️

Dave saying sussy made my night, was not expecting that😂

Dave, thank you, you are the only person who really make great common sense and because of your advise I got out of debt in 2007 so thank you.

Thanks for being here Dave and co. I heard the hair on fire story over at Fox and came to your channel for the rest of the story. God bless you.

According to Dave’s standard (15 year mortgage and no more than 25% of your take home pay) you need to make 180k to purchase the median priced home in Utah. The median household income in Utah is around $75k. Is his advice to just rent? Home affordability has gotten so far out of hand, that no one would be buying homes if we actually followed, these suggested metrics.

$1300 did change my life! I bought more ammo!

@ellekirk7369

Жыл бұрын

brilliant!

My 4-yr-old: That man that's in your phone said "stupid butt's" 😂 I missed that part but my kiddo got it! 😂😂 "The guy on your phone said stupid again, I just want to break your phone" I think he's concerned 😂

@cl8wnm5n

Жыл бұрын

🤣🤣🤣🤣

@princeosop

Жыл бұрын

The word stupid/fool is fair game cuz there are those like that😅

Never thought I’d hear Dave Ramsay say “very sussy”

George really knows how to get Dave going 😂

It was still nice to get $1300. (And more later) That just means we were taxed too much to begin with.

Dave, for the first time I disagree with you this new mortgage plan does plenty. It brings back the subprime mortgages and punishes good qualified borrowers all in one swooping motion.

@Mrsmetamorphosis2012

Жыл бұрын

Amen👍🏾

@diane8168

Жыл бұрын

Yep, definitely agree. It's very disheartening to people like me that having doing the right thing, only to be now punished for it. Totally sucks!!

@daveg6492

Жыл бұрын

Yes!!

@Mmuitd

Жыл бұрын

cry more. as a non-mortgage owner my taxes already subsidize all mortgages to ridiculous degree. be happy your mortgage rate isn’t as high as car loans, clown

@BruceLee-xn3nn

Жыл бұрын

Bring it back so this new generation can fk 💩 up like their parents did in 08. Endless cycle of dumb azzez.

This was great and I'm walking away with "You are the problem and you are the solution your help is not coming from the Island of Misfit Toys!!!

I love this so much thank you!

I was waiting for this one!!!

George has gotta be Dave’s biggest yes man ever!

@kevinkidneyy

Жыл бұрын

He need a job 😂😂 shidd he playing the game

The thing with progressivism is that it never stops. The name literally means moving forward, regardless of if it is good or not. It will move to everyone more and more

@wewhoareabouttodiesaluteyo9303

Жыл бұрын

I love it! You never know what you are going to get.

@tomcripps7229

Жыл бұрын

And the more it fails, the harder they have to push it and silence anyone who disagrees.

@francismarion6400

Жыл бұрын

Yes you can make progress if you want to move backwards or anywhere else. You can even say it's the right direction because it's all relative.

@wewhoareabouttodiesaluteyo9303

Жыл бұрын

@@francismarion6400 Well that is Conservatism. You are regressing everything back to how it was.

@Ccoulter33

Жыл бұрын

@@wewhoareabouttodiesaluteyo9303 I I I could see why it would seem that way however, I’d say it’s more about preserving established institutions

I love when Dave screams 😂

George: “you’re going to get cancelled again Dave what’re you tryin to do here” 😂😂

Let’s hear more after the first executive from a failed bank goes to jail. Didn’t happen in 2008. Won’t happen in 2023 either

Been wanting you to speak on this for the past week

Love Dave! Raw up in ya face truth!

You both tell it like it is! Thanks!

Dave had to say it in Spanish for us at 5:08 lol

@iseepandas1

Жыл бұрын

Ayooo 😳

@sobretodo9692

Жыл бұрын

It's not in spanish

@thetarotdetective3363

Жыл бұрын

Spanlish😅😂

$1400 didn't change my life, but it did help me. I am working diligently on the baby steps.

@mikenelson8377

Жыл бұрын

You absolutely missed the point if this video. But it’s okay though ‘cause you were too busy counting your airline miles 😅🤦🏼‍♂️

@Laker62282

Жыл бұрын

@@mikenelson8377 you have no idea what you’re talking about, Mike.

1/8 to 1/4 is significant! Reminds me of 2008 all over again. I'll be ready this time around like Warren Buffet said.

@bernsfindsandmore7636

Жыл бұрын

Same here... I need a bigger house and I then can rent my current one...

Awesome show Dave 😁

Here in Florida governor DeSantos Approved a bill called hometown hero’s and it’s a real downpayment assistance program granting first time homebuyers up to 25k and lowers all other closing costs. I’m a lender in Florida and this is helping out thousands!

@joebidenisyourpresidentget2481

Жыл бұрын

50 million in assistance is not even 0.5% of the help Americans need to buy a house. You can’t spend your way out of this. You need to build more affordable housing.

@besweeeet2

Жыл бұрын

Someone's always paying for it.

@thekraemer1757

Жыл бұрын

Sooo, you mean people who really can't afford a house can get one, just like in the Clinocchio era. That ended well, can you say AIG?

@BruceLee-xn3nn

Жыл бұрын

I agreed to the sale price (no haggle) if the bank that owned my home would pay closing costs. Mine was a foreclosure.

Love ya Dave! Thanks for all you have done for us!

Dave and George duo is priceless

Unfortunately a LOT of people are too stupid to buy a house.

@herbiehusker1889

Жыл бұрын

You mean fortunately. If those people were allowed to buy a house, we'd have 2008 all over again.

@redfox_84

Жыл бұрын

A lot of people are too stupid to do anything, nevertheless buy a house.

@johannesswillery7855

Жыл бұрын

@@redfox_84 Well, today I'm laying on the couch being a grape. But I do own the house I'm in. And a few others. It's cold outside so I'll just vegetate. Today I'll act like a Millennial!

@WookieSenshi

Жыл бұрын

Smells like 2008.

@johannesswillery7855

Жыл бұрын

@@WookieSenshi We learned NOTHING from history.

Thank you, Dave! TRUTH!!!!!

What percentage of people from the millionaires study used a 30 year fixed rate mortgage in their life?

Thank you dave

Thank you Dave! 👏🏿👏🏿

Dave needs to tell the truth here and say it does absolutely affect you and being responsible is causing you to be penalized. Also, when the irresponsible idiots that get loans default on those loans we will all pay for it. I get it, Dave doesn’t want you to get distracted from the financial goals by worrying about politics but we can’t avoid the stupidity of the situation either.

@amireallythatgrumpy6508

Жыл бұрын

Telling the truth is to say Americans are not capable of "being responsible" - they're simply too stupid.

@BruceLee-xn3nn

Жыл бұрын

2008 effected people that always paid their mortgage too. ALOT of people lost their jobs or had their hours cut down at work. I remember that 💩 like it was yesterday

The hand that gives you something controls you.🤷🏽‍♀️

Spot on, Dave!

Unfortunately all those checks for those who qualified along with corporate hand outs have cut our purchasing power in half. They gave with one hand and took with the other with inflation.

😂not the hot air Chinese spy balloon 😂😂😂 I love their banter

It was so good to listen to the show on my driving to town. I feel like I have been set free. I was going from one channel to the next listening to the doom-and-gloom preaching. Thanks again

Well said, Dave!

What's bad is good and what's good is bad STRIKES AGAIN!

It's still wrong. They start small.

Mr. Ramsey I love I. The way you talk.I liistenig you show in night time for long time.Thanks.God with you always. Blessings.

If I was a movie director, I would have dave as lead for a animated character. His voices r hilarious

I love Dave Ramsey.

Rich people don't have mortgages. They give them.

That 90's vid going around of quiet, polite dave is night & day from what we have now.

Nailed it!!

How about doing a show on the joys of giving blessings to others once you reach your goal! I heard it’s a joy like no other! It might give you something to smile about when you look back on this life from heaven!

Right right and right Dave

Yep, my 855 fico is now a hindrance

@bunacat1

Жыл бұрын

So glad I worked so hard to maintain my 850.

Love Dave Ramsey!

High af atm, love dave

On a side note, I see the " kinda sus" slang originally from the game Among Us has even reached the Dave Ramsey Show now 😆

@cl8wnm5n

Жыл бұрын

🤣🤣

FJB

''He's got better things to do!'' lol

The fact that they socialized your credit score is the story. The amount is a detail. It’s just the sneaky opening salvo of disastrous potential.

Don't do the right thing and you get freebies. Be responsible and you get penalized

@amireallythatgrumpy6508

Жыл бұрын

Americans don't know how to be responsible anyway so it's a moot point.

The one thing I haven't been able to find is if it is retroactive to current loans? I have had a few people at work ask me this and my assumption is that it is only on new loans. It doesn't apply to me personally but I wanted to be able to answer people asking.

Real Talk 🤘😎

george coming in with the swiftie lyrics haha

Dave nailed it

Lol Dave is talking us down from the ledge again :)

Distribute little vials of cynicism! Love it!

Hahaha I did not expect the comedy when I clicked on it

Let the slippery slope begin

This is gonna cause another housing burst just like in 2008, if not worse!

@dustina6261

Жыл бұрын

How so? Care to give some enlightened details?

@chuckgoodman3828

Жыл бұрын

@@dustina6261 Easy! Approving mortgages to low income people that can’t afford the payments leads to more foreclosures! That was the leading cause of the 2008 housing burst, thanx to Slick Willy!

I'm proud to be one of the 1400 people to send George the clip about it 😂🤣🤣