▶ Watch the original Highlight that caused Dave's reaction: I'm 86-Years-Old and Broke - kzfaq.info/get/bejne/oLp2nbGL1L6VhqM.html

I'm furious and frustrated with my poor achievements due to the bad economy. With $140k saved, I need to start over in stock or crypto and desperately need a financial coach.

They got Dave doing work audits live on air 😂😂😂😂

Dave's way of saying George was wrong while still defending him makes DR the Goat

Love that they are reviewing this.

George really told an 86-year-old woman to get a job 😂

It's all good George. My 90 year old dad-in-law still works four hours a day. It's what's keeping him alive.

The hate must have been extremely bad for Dave to think he had to address it.

Dave handled that like a true professional. Nothing but respect for the way he corrected George without humiliating him at the same time.

I love the idea of re-reviews with Dave on clips that go viral!!! Keep em coming!

So glad Dave addressed this!! That call had me HOT!! It’s a learning opportunity. Outside of him telling her to get a job, it’s the condescending tone he took with a lady who sounded half dead !

Caller: "I have no money" George: "Have you tried to get some?" Audience: 😲

Didn’t realise she was living with Leukaemia as well… she barely had the energy to speak on the phone 😢

Again an 86 year old who continues working is one thing…an 86 year old RETURNING to the work force after years of not working and with health problems is something else

I hope they called her to tell her this. That hurt me dearly for her

they are probably roasting George at work lol

It marks the excellence of Ramsey and the group to address problematic advice given rather than use the 'delete video' approach. The original video- advice was very incomplete, but in this video it was Well done.

I'm glad Dave addressed this call. There are options for this poor woman including getting food from the local food bank, signing up for Meals on Wheels, checking with the local department of aging, etc. Some areas even have programs to help with elderly with pet food and expenses.

I want to see Dave responding to George’s 4% withdrawal

I heard the call. The main issue was they would give a suggestion and she would say how whatever they said wouldn't work. So it was kind of pointless anyway.

George: Are you able to work? Caller: I'm 86 Bizaro George: Have you considered Only Fans or streaming?

He also said that she should consider getting rid of her dog. A frail, sick, elderly woman, whose animal is probably one of the highlights of her life.

Love that they came back and addressed this. Shows once again that nobody can really replace Dave and his wisdom and experience. I feel like they need to hire a Ramsey Personality that is someone maybe in their 50's that has more life experience than all of the younger people they currently have.

I was screaming at the TV to default on the credit cards. Only thing it hurts is her credit score. It's not like she needs to take out another mortgage at 86.

I saw the original show, when he suggested she go back to work, then gave her sh!t for not planning better -I was stunned. That poor lady probably beats herself up everyday about her situation. She didnt need to be scolded like that, especially now. What was the point? Maybe he doesn't have anyone close to him who is elderly. Anyway, one bad call isn't the end of the world. I hope that lady's daughter steps up to help her out.

At 86, credit cards would not matter to me

Thanks for chiming in Dave. I listened to this call and the only part of the advice that I took issue with was when George suggested she get a job. And when he reminded her that she didn’t set herself up for success. As if she needed a reminder. This is probably all she thinks about George. She probably worries about it all day every day. Love Dave’s suggestion to default on the credit cards and /or sell the house. Neither is ideal but in this situation each would create some breathing room. I listen to your show often and love how much you all help people in tough situations. This isn’t to say my opinion matters to anyone. But I do have an elderly mother who is struggling like many are. A little situational awareness on George’s part would have given this woman hope.

This is the first "Dave reacts" video I've seen. I like it!

I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 63 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 66 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Abby Joseph Cohen. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can try.

My issue with George on the call was his tone, not content. She did effectively turn away every piece of advice George and Jade offered and excused away all their suggestions. But mainly I felt that George talked to her like she was a younger caller and not how he should have, more gently etc. One thing Dave has always been great at is knowing how to talk to people based on who they are. He knows when to turn on the heat and he knows when to turn on the grace

The right response was don’t worry about your debt. You’re 86. Take care of yourself

Love Dave laughing at George 😂

I’m actually a certified life and executive coach and I commented on the original video. I suggested that she talk with her daughter and ask her to help supplement the $200-250 per month for the remainder of her life and in turn when she passes her daughter can sell her house and get that back plus the extra equity from that.

I don't always like what Dave has to say, but I think he perfectly nailed every aspect of this.

Good for George to respond to criticism lol. Still asking an 86 y/o to go back to work is wild man 😂

I remember that video. My comment on it was that she is one of the few people that could actually benefit from a reverse mortgage. Sell the house out from under herself and live in it for the few remaining years of her life. Apologize to her daughter that there’s no inheritance

Yeah, a Golden Girls situation would be great for her. Have 2-3 other senior women living there and help her get ahead on things. She could charge them $400 each and would do okay with surviving.

It's sad how difficult things have become in the present generation. I was wondering how to utilise some money I had. I used some of it for e-commerce business, but that sank. I'm thinking of how to protect my $300K stock portfolio from decline is my main concern, but I don't really know which way to go.

I heard the original call and my heart bled for her! Never rehome the dog with a 86 year old who lives alone! Downsize in housing, get a nice roommate....

The way Dave turned it into a teaching moment for George was impressive! 👏🏾👏🏾👏🏾

My 83-year-old grandmother was able to get two college girls to rent rooms in her home when she retired, and this allowed her to continue paying her bills while staying in her house while not going out. It also brings a lot of peace to our family knowing there are other people living in the house with her. They are really sweet girls staying with her.

I wish Dave call her back. Wish her the best! I felt sorry for her that day.

I appreciate that Dave said she might consider default on the credit cards. The predatory CC’s can eat the loss in this one.

Woah 🎉 this is good content where dave reacts to their personnel's advice

Thank you for revisiting this phone call. Your podcast will only strengthen when you are willing to review less than optimal recommendations. It shows humility. I was astounded when George suggested that the caller returned to work at 86 years old. I have neighbors here who are younger than 86 years old. They can barely move or follow instructions or discuss mundane issues. It is not the end of the world, George. We all make mistakes and learn from them. It is indeed difficult to think and solve problems right off the top of your head over a telephone phone call. More importantly, I hope the caller is okay. And, George, I hope you are okay too.

If George wants to help her he should mail her $300 a month

Dave, I'm doing this work too, because I really care. Never trolled or redit. I've followed your work for a long time, and never commented before, but I couldn't help it with the 86 year old caller. I appreciate you, and that you are actively involved in mentoring young George. Well wishes to you both. Was there any follow up with the 86 year old? 😊

If I was 86 in that position with failing health, I’d skip the debt. Don’t pay. I agree completely with Dave.

Fair play to Dave for addressing this jovially in front of the cameras. I’m sure behind the scenes it wasn’t quite so. Nice move from Dave and George but this was very planned damage control. But a good learning curve for George - he will listen more closely, with more nuance next time and hopefully won’t make the same judgment mistake on air again. Jade didn’t know what to say either and didn’t help him - she stayed pretty silent.

I’m surprised George didn’t say “can you drive for Uber ? Deliver pizza ? Maybe live on rice and beans?”

George's suggestions were not necessarily bad. But his tone was patronizing and scolding as if talking to a teenager. Let's see how all you people feel at 86. Selling and buying and moving to a different location is REALLY hard for an old person. REALLY hard. I'm 70 and still going strong but I've helped a lot of elderly women go thru this transition and without some kind of emotional, financial and physical support it's impossible. The only thing I would have advised is for her to swallow her pride and cajole her daughter into helping her. I actually think at her age that a reverse mortgage could work for her, especially if she's not concerned about her daughter inheriting full equity as she spends down the equity. But the important lesson here for all viewers is to plan ahead for not being independent and strengthen your support systems BEFORE you turn 75 which is when the decline starts to happen (I know I know there are a lot of vibrant productive octogenarians but they are in the minority)

To the estate of this 86 year old….. credit card is UNSECURED Debt. The CC company will want their money but you have NO OBLIGATION to pay

I'm so glad to see you reviewing that video. As a person who has always pushed for financial responsibility, I saw my mother struggling to pay miscellaneous bills when she was 78 and suffering from lung cancer. I told her the same thing you suggested, Dave -- don't worry about those bills. I suggested that paying $5 a month would be okay if it made her feel better. (Oh, and I believe the dog only cost her about $200 in vet bills for that one instance, not every month.)

she should be driving Uber with that Buick, and I hope George will be the first one she picks up 😂😂😂

Love George’s ‘inncocent’, “this is how I came up with the idea”. Keep going George. We value your effort and input to help people with their difficult situations

Now react to the taylor swift tickets thing dave!

Working at 86…breaks my heart.

I am glad that you revisited this disturbing call and yes, telling her to get a roommate is a great idea. I have been working with seniors my entire career and I urge you to show this lady some grace. She is not a spoiled teenager who doesn't want to take your advice. She is 86! I know many people who are commenting here are young and can't imagine what it is like to be 86, but I am telling you, eighty-six is OLD! She might not have even heard what George and Jade said through the phone, let alone had the time to process it. There might have been some cognitive issues involved, maybe even some dementia. Just imagine you are on that call, live on the air, and you have 5 minutes and George and Jade are asking you all these rapid-fire questions? That would be challenging for a 30-year-old College Graduate, let alone for an octogenarian. Plus, she has leukemia and she is scared and the fact that she picked up the phone and dialed the number is a huge accomplishment. At this point, it actually is the daughter's job to take care of her and make sure that she is safe. Or, as Dave said, ride it out with the credit card bills....But please no more comments like: "she doesn't want to do what we said" or "she should get a job"....

Dave said exactly what I did!! Default on the cards. People said I was wrong and immoral. I was right!!!!

I was another critical of George's advice to an ill 86yo woman, and not trolling, I was genuinely horrified. My advice on the original video was to find out the local services in her area, like foodbanks (I don't know anything about the US food stamps). Further, there may be organisations in her area that can help with vet services, rather than the horrific advice of "give up the dog". Pets are quite often the elderlies' lifeline and sole companionship, quite horrible to say to 'get rid of' the pet. Her main 'over budget' probably stems mostly from the CC payments, and if those were gotten rid of (either by default, or by donations - hey you Ramsey millionaires, give like no one else, here is your chance to step up), and if she was able to connect with the other services like foodbank in her area, then although she would be living humbly, she would get by. George needs to realise, many elderly just are no longer capable of "get a PT job". My mother is a similar age to this lady, and was up until the last year fairly active, but now she is no longer physically capable beyond looking after herself and house, she does not have the capabilities of extra on top of that.

George being heartless to an 86 yr old lady : Dave: “God George”

Thank you Dave for responding. Your advice is spot on. I'm not one to bitch about it, as you put it, and I've followed your advice for decades and it's put us in a sound position. When I heard George talking to this woman, I came straight up out of my chair, mouth open in shock. I immediately posted a comment critical of his response. I'm glad the Team took viewers' input.

Dave keeps things real raw and authentic. I’ll never stop listening to this show no matter what ppl say.😂❤

I think it's really cool that they reviewed this. This was a good follow-up. I just hope the lady hears this follow up or they reached out to her.

I said to just default on the CC's...also make sure she's getting all of the senior benefits she can - including food stamps, reduced heating, reduced property taxes, etc.

You don't see the inside of a casket unless you are working there.

Caller: I’m an 86 years old woman and in debt with only $1200 a month coming in. George: McDonalds is paying $20 an hour in California. Can you commute? Do you have a car? You can Uber. Best times are 12am to 2am when people are getting out of bars. I’ll send you Ken’s book on getting a dream job! Plus you sound anxious. I’ll send you Dr. John’s book too. I hope this helps!

Reality, not every age and situation is the same. My father had a heart attack at 42 went back to work and died on the job with a widow maker at 42. My mother had scared lungs from getting hooping cough going around the nurses as she was born (a life long struggle of breathing full breaths) Dies at just turning 48 . LESSON , one size does not fit all, and you have to walk a mile in someones shoes to see the full pi ture. I think am over this whole internet thing . People seem to think pretty highly of themselves and there are those that have had more than their far share of tragedy and keep on going (but it doesnt look perfect) . Have a blessed day everyone

This is what I said to the original video: Sell the house, get an apartment. Even selling for 200k and renting a $1500-1800 apartment in Jacksonville is easy to find. Pair that with her social security and she’s covered for the next 8-10 years. Take 150k of that 200k and put it in a GIC (if possible) and at 4.5% in 1.5 years, she’d earn an additional 10 grand right there. She doesn’t need to work.

When I watched the original video last week, I was practically shouting at the screen, QUIT PAYING THE CREDIT CARDS! Glad Dave came back and suggested it.

We need more Dave reacting to these new Ramsay personalities. Sometimes their advice is out of line, and I am not sure if Dave knows what they say 😂

Hello, I want to start investing but I don't know where to begin. Any advice or contacts for help?

I was one of the trolls piling on George. In George’s defense it is difficult to think on your feet and problem solve a very difficult situation by throwing out different ideas. Some of those ideas will inevitably be bad ones. George is still too young to have various aches and pains in order to understand how ludicrous it is to tell some who is almost 90 to go back to work. Yikes! Renting out spare rooms was what I previously suggested. Traveling nurses and grad students are two great groups to rent to. They often want a furnished room and spend all their time working or studying. I think George learned a good lesson here and I doubt he’ll make that mistake again.

I love seeing Dave sticking up for his people. He is a man of integrity and that's why folks love him. Honest mistakes happen

As a Social Worker, she could probably really benefit from one. I like the idea of the roommate.

Love that you guys followed up on this call. It really is a reminder to me to execute my plan to be settled in my last living spot by 75 yrs old. It is difficult to make that change of residence as we get up there in age.

The actual answer is to sell the house, move into an assisted living until you run out of money, then you're on medicaid and in a nursing home. That's the route

I had an elderly friend that owned a three bedroom house and always had one or two of her spare rooms rented out to collage students. She made out with having extra income and people around and they got a great rent price for the area. It was a win win.

Thanks for addressing this Dave and George. I know that you can't always get it right when you're answering the questions live. I appreciate the way this response was handled.

I heard this live. And KNEW George was going to get flack for it 😂😂. See, this should be done more often where they bring up a previous caller to ask them if they followed DRs advice or not.

That's what a lot of persons were saying. Just forget about the card and enjoy the rest of her life. Let them claim it from her estate after. The truth is as you've said, she doesn't have that much time left.

This is why I only watch episodes with Dave in them. He uses the Ramsey method, but he’s also realistic and he actually tailors his advice to each person and comes up with out of the box solutions as well. The others just go down the list of prefabricated advice to the point where I know what they’re going to say before they say it. It’s like they’re afraid to go off script. “Sell everything, get a second job, get out of debt, save up an emergency fund…. Etc.”

Great job on Dave giving his take and supporting George at the same time! Everyone makes mistakes or says the wrong thing sometimes. Keep on doing your thing, George!

Dave can try to play this off like it’s one big joke but the very fact he felt the need to film a video talking about it tells you the criticisms got to him

It was the attitude towards the woman. He had no patience.

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

My mom is 82 and still substitute teaches at an elementary school. Don't stop when you age, it is what keeps you going!!

She can move into a subsidized apartment. Rent is based on income.

The Ramsey model doesn’t work when you are 86 because it requires you to work.

You see, George, you could have done it differently and ask pertinent questions first before dishing out advice. Example: "Please tell me your monthly expenses (and write them down)." She was about to tell you but you cut her words. So now we don't know the exact numbers and do the math and what expenses she needs to cut. Next, the advice about the dog which is valid but given without empathy as if getting rid of a pet is so easy (unless one is an irresponsible and wicked pet owner). Maybe say it this way. "I know you need companionship and a dog give you this and more, but in your case, it will be hard to keep a dog which will be unfair to both of you. Can you find someone to take care of your dog instead?" Next, the selling of the house. You just made assumptions about the value and then what to buy after the sale. A better advice would have been this. "Okay, so you are thinking of selling your house. Is there someone who can help you find a buyer? But first, know the real value of your house so you can also find a smaller place that you can afford to buy with all the costs involved. Or maybe you can rent out a room to a person you can trust to stay with you." Next, the selling of the car. "Since you have leukemia, do you still want to drive a car? Would it be better to sell your car and find ways to have someone drive you when you need to go to a place." Next, whenever she makes excuses for not accepting a piece of advice, maybe tell her that if she is not willing to make any changes which is hard because she is set in her ways, then she will never be able to solve her problem. And so much more, but it takes someone who knows about senior issues to give a more nuanced and tailored advice as seen in the comments under that video. Examples, programs for seniors like housing, food, transportation, a social worker for seniors. Then, maybe praise the old lady for wanting to pay off her debts despite the fact that at her age, she can actually get away with not paying her debts LOL. But it takes a senior or someone around seniors to understand problems of senior citizens.

Dave is exactly right - George was heartless and rude. Dave has been through being scared and broke. Dave is a great listener and good at zeroing in on the caller's problem. Dave has the life experience and the common sense to be of real help to the callers. Dave has been broke and scared. None of the others have had a hard time in life and it shows. Yes, the lady is 86, she worked until she was almost 80, she was responsible and has a paid for home and car, but they did not hear that she is reluctant to ask her daughter and former husband to help her (it's really hard for many seniors to ask for or admit that they need help. It also seemed that she was reluctant to move in with her daughter - perhaps her daughter does not want her). I used to work with a church and a senior from a local senior housing center (2 blocks from the church) came by the office one day - in tears - and told me she hadn't eaten in four days - she was so embarrassed and told me she didn't know where she had gone wrong, as she had been a good mom, saved her money, but illness and medical bills wiped out her savings. She also told me she was a widow and had moved into senior housing when her husband died, and she and her husband had sacrificed to raise four kids and none of them ever came by to see her or call her except on holidays or bothered to check on her. Of course we helped her immediately with meals, groceries and made sure to start a pantry at the senior living center she lived at. The caller said her dog cost her $180. for one month, not every month, as she told Jade when Jade asked if that expense was for every month. Who on earth is so heartless to tell someone to get rid of their pet. Some seniors have no one in their lives, but their pets. Dave gave great advice for the caller to take care of her four walls first, then let the credit card payments go until she can afford to pay them. George and Jade could have 1.) listened better 2.) suggested that the caller seek local help from a local church, a food pantry (some food pantries also help with pet food), local United Way hot lines, etc. 3.) as the folks in the comments suggested she should consider finding a roommate to rent part of her home to. She needs help with information to help her with information on how to lower her expenses, including utilities, phone, medications, vet bills, car repairs, etc. She needs help finding a roommate that is vetted for safety. She needs a mini emergency fund. She needs help with finding out what her home is worth, what are the local available options for senior housing and if they accept pets. Dave needs to have regular reviews of the advice and also it would be great if Ramsey Solutions had financial advisers available who specialize in helping seniors - there is going to be an enormous need in the coming years.

I wish Jade would’ve chimed in more during this call. Based on her facial expressions, I think she had way more empathy than George.

Daddy Dave apparently heard the backlash of George suggesting an 86 year old woman to deliver pizzas 😂😂

Problem is these new personalities are mostly clueless Dave is a grumpy old guy but when the situation calls for it he shows great care and compassion, all these new personalities can do is regurgitate the baby steps, they don't know about finance,investing, real estate business or much of anything, only one with half a clue is Rachel.

I think this is one of the rare cases reverse mortgage can be one of the viable options. Just make sure she has somebody she trusts to review the numbers.

Even if you’re 86, there’s nothing to save you if you didn’t save for retirement

George must be fun at parties

The advice George gave will follow him to the grave. He will never live it down.

THIS is leadership! No humiliation, just fun and learning. Thanks Dave for always being such a great example.

I'm glad Dave cleared the air I listened to this episode on the drive to work and when he told the 86 year old to go work I screamed 😂