That house sale needs to go through! Then he can breathe.

This guy is really not in bad shape, his only "bad debt" is the truck and even that isn't awful with his income. But it is concerning that he makes $160k/yr and has nothing in retirement.

Man, I’ve missed Dave!!

This is a silly call. There is no issue.

I am never going down that road of debt again. Will never forget that feeling - could barely breathe and was in a heightened state of anxiety every day - absolutely horrifying. Now i bought a house i can fully pay off - and one in which i can actually rest in and have financial peace, health and quiet for the rest of my days.

Dave is just amazing how he can calmly walk his caller through the numbers. It was great to see him help GT understand the risk and the "ok" state he is likely in. Love the Bible quotes! Thank you Ramsey Solutions!

This was rly an emotional call. His situation was a simple math problem

Reminder. HOW MUCH YOU MAKE DOESN’T MATTER. IT’S HOW YOU USE IT

Second! I like to listen to Dave's callers to feel better about my situation.

Dude….this is no big problem at all.

Good ole reassurance... Bob's "three little birds" could have told him that.😆

Sell the properties except for your primary mortgage. If you're this worried you shouldn't be having multiple properties. I wouldn't purchase a 2nd property unless I could pay cash for it.

The show is better with Dave on there since he offers wisdom and explains the why behind his advice.

Dave’s good. At least the guy is worried

There’s no problem here, in fact, assuming what he is saying is true, this was a savvy deal on his part. All he needs to do is make sure the first home deal closes (it’s under contract). If he closes he has made a great financial move.

It’s all about living within your means and planning for your future.

I’m convinced some people in the comments didn’t listen to the call and just commenting.

This man just wanted to talk. After the house sale of the old house, he's pretty much set

Wow, making 160k a year. Some people can't catch a break.

This is a kind of "worry" that can be resolved in my view when sensible math is put on the table...

Bet all the new neighbors are sh!tting bricks seeing that 350k comp when they’re normally 500+

I wish rot have information about the pace program

0:25 mark > "I'm over 500K in debt...", girl smiles

Well they like to spend big. Really he only has $30k on a truck the rest is in assets not liabilities.

He did nothing wrong,. He have a good income, and got the house for a good price.

He could have rented out the house and continued gaining equity instead of selling it while getting into a panic mode with a $160K salary in VA. Then if he still continues panicking, stop renting it out and sell it. We bought a second house and rented out our first and we are in California, which is more expensive than VA.

Full podcast Link?

I thought this was going to be about student loans.

Life lesson ‼️

Sorry but I don't feel sorry for people that buy 300-500k houses with no money down....smh

My friend got into this situation and couldn't sell his old house for the amount he needed. He lost everything and had to restart. On another note, I had business projections of 1mil of sales this year. My business is on track to only do half of that by being unable to hire competent workers in a timely manner... If my overhead wasn't so low, by going through Financial Peace, I would have been in trouble... I could only imagine how hard life would be right now if I went into debt to try to make those projections for the year work out. Instead, we shifted to a different direction, and next year should be much better with a whole lot less stress.

Only in America where most people think they own things with out paying for them on the spot!

Can I get the full video Link please? And also who is SHE in the left?

Don’t buy a house until you sell your current house.

What's the problem here?

sorry dave. he just went from 200k in debt to 290k in debt. why is this good per Dave Ramsey? I don't get it. I get his equity went from 130k to 150k or 200k, and his other debts are off the books. he has a gain. but again, Dave isn't the keep buying companies or houses stuff. it's effectively like he bought a second 90k house and isn't renting it! why isn't Dave on point here!

Some people make things bigger then they are smh

Yup ..

This takes naked and afraid to a whole new level! Modern edition!

So really he has no debt...

Why did he call?????

False Alarm 😅

Chances are if he cleans up any debt he will jump back into it. Most don’t get having the bank own you sucks and it’s not worth it. That’s my worthless opinion I suppose.

All assets he can sell... hardly an issue

I don’t understand the problem - he’s in a normal situation. Sell the old house , he’s fine.

He’s flexing.

I’m right around 600k in debt and not scared at all

So what is his net worth 🤔

Take a shot every time Dave uses an idiom.

I don't understand why people are scared of debt.?? They should be scared before taking the debt not after... Anyway in my case I had to pay 5000€ to a bank and I couldn't afford to pay back and I told the bank to fu..ck off.. and ask their insurance to pay them back and they did as I told them. They never called me back

Yes yes 👍🏽

My house is too old and I can’t do maintenance

160k and 180k. Poor guy.

Huh? There's nothing here!

I hope he learned a lesson.

Sounds like bragging not a cry for help

Half a million 🥴🥴🥴

I do not feel bad for this guy.

This guy is trying to flex

Remind him a mortgage on a primary residence is not debt. But pay it off.

Click bait

✝️🙏

Dude is worrying like a chick

Someone connect me with this seller. I will give u 400k cash for your home today!! I love debt

What a terrifically pointless call.

😳😳😳🙏🏼

Dave can’t you take more calls from people who are over 40 and down on their luck. You’re always talking to younger people who already have their lives together. We wanna hear more advice to the older people who are struggling.

I just wonder cause I get people get in debt but how can someone get in that much debt waooo crazy

I feel Dave opens the door for Kristina and she never walks through it. She seems so hesitant. I hope she finds her sea legs.

File for bankruptcy 😂

Keep the first house and rent it out. Not splitting atoms here. Good leveraged debt is fine.

I smell BS........

First 😊

2nd

FIRST !!!!!!

Normally I side with Dave but in these cases just file BK. Your piece of mind after that will be well worth it and there is definitely life after BK. I know this personally and frankly so does Dave.

A coward dies a thousand deaths.