Sometimes the fear of change keeps you in your chains. - personal experience

@@Lilazn216 very true

Well said 👏 👏👏

It also depends on the area. Rent around where I live in Texas will run you $700 for a 3 bd two bath so $27k isn’t poor living in this area. Average salary here is $46k though so it’s middle of the road here. Other areas $27k will keep you practically homeless lol.

Matthew Garcia what part of texas do you live in?

Luis Flores south padre island is less than an hour away from me.

Agree I am the similar age in the same situation but without the loans and it’s hard to think about moving without making enough it would be very uncomfortable for rent etc

Unless it's some Dave troll shouting that Dave is wrong and doesn't understand leverage and how to use a debt weapon!

He also just quoted that this broke daughter get her own place.

@@blackworldtraveler3711 yup, at 27 she should be out, plus probably jump start her career as well. Being hungry is a great motivation.

Or how to get 2 percent back on a credit card and become rich.

How can it possibly be the best quote when it’s a logical fallacy? I guess illogical comments are the best? Somebody needs to pick up a logic textbook or take logic 100.

Agreed

That's what happens when people choose to live with their parents at 27.

Right, my Mom and Dad over step boundaries thinking their opinions are scripture lol. I made them back off at 25, but my sister is in her 30s and still can’t make decisions without them. It’s sad.

Hispanic parents are like that. 🤦‍♂️

Parents is plural; parent's is possessive.

texan903 Thank you. As we can all see you had to edit your comment after realizing you didn’t know how to spell possessive without needing to first looking it up.

Man I’m sayin 🤣🤣🤣🤣

I'm saying. How much you make take home, how much you owe, monthly payments. Tired of the ummms and ahhhhs

Hello smh

Rick Gould Therein lies why they're calling into the show. 😂

Right, don't move out without a stable job/income. Once she moves out, the cost of living/rent will eat into her savings. Define stable job/stability, not working by the hour and be on a salary type of income.

He was telling her to move out because it may cause problems with her dad if she does against his wishes. Some people would not like it and take it as being disrespectful.

She needs to move out because of her age. She isn’t destitute.

@@acolley96 that is not true - it would cause problems with someone like Dave Ramsey if she sells the car even though the parents disagree: if you live at 27 years old at home your parents will be more involved in your life. But then - moving out does not guarantee they do not try to get involved either. The personality and entitlement of the parents plays more of a role. And DR is at odds with most of human history. The mulitgenerational home was the norm for most of human history, often even young married couples lived wiht the parents. her moving out is the very recent development. But it did not sound like they were at odds. She had not even considered moving out so far, so they seem to get along nicely, in family a lot of advice is given off handed, and it may be that the price she is offered is not good. Now we know that Ramsey would throw out his kids for not "obeying" him, but not all parents of young adults are like that. Some can handle that like when an adult parent would live with them. There are house rules for the comfort of everyone and the expectation to contribute (financially or otherwise) And she may not be cut out to "have a career" maybe she would like to marry and be a stay at home mum with a bunch of kids. (in which case she needs to get strategic about finding a good husband).

@@lorarooks5515 I would rather be financially ahead more rather than take your opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished

Or just choose a better degree. But yeah college is still a scam

When did she say she has a degree? Most ppl get a guaranteed DEBT, majority don't get degrees.

Geez! In some cities, she could earn $15 an hour, without a college degree, at Target. I wonder if her employer is providing benefits (medical, dental, life insurance, etc) without gouging her paycheck.

I am with Dave you need to pick your degree!! Having a degree does not mean squat unless you have work ethic and common sense to go with it. The trades pay more then college degrees most union welders in California make over 250,000$ a year. The trades will be the highest paying jobs this next 10 years because no one wants to work hard with mechanical aptitude.

That's not the secret. College is important but your degree is only useful if you use what its for. If an art major get his degree in graphic design, but decides to work at Mc.Donalds, thats his fault. He Is under using his potential, and refusing to adapt part of going to college is learning how to think, its only a scam if you honestly feel your potential is wasted there. You have to do the work.

She won't survive between rent and car is most likely below value

:D

I heard that too!😀

Same boat as you

March 2022... counting the days.

He needs to sell it and fast cause it’s a money pit

13hr X 40hrs =$520 $520 X 52 weeks =$27,040 a year gross.

Yo your math is way off🤣 13 hr x 40= 520 520x52 weeks= $27,040 It’s not too late to delete your comment💀

Exacta

She can move off the high ground into her own apartment.

You underestimate my power...........

@@JIX9ISLER1986 Don't try it.

I lived in a studio apt paying $250 a month including utilities, and bought a beat up 87 Buick for $600 cash. Full time student working full time and paid every cent instead of student loans graduated with no debt with a starting salary 10x what I was earning

With a degree too. And loans. You can work in a greenhouse without a degree and loans.

Mary TheFoodWench Catering she may not have finished the degree because she doesn’t mentioned what it’s in, just that she has debt. Which makes it worse

Katelyn Leigh maybe but I know plenty of people with no college that make more than that.

Mary TheFoodWench Catering oh absolutely. Even just retail she could do better. Target is normally $15/hr starting and hobby lobby just announced they’re going up to $17/hr starting

I would rather be financially ahead more rather than take your opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished

Hi Rob R I'm the one who called in for the video. I thought about doing that I wanted to say what food deliveries do you recommend? I'd love to try and pick up anything I can I actually got another job part time to help save up.

@@mariamaneval2097 I do Doordash and Postmates and love being able to set my own schedule. I can send you a referral link if you'd like! Just let me know :)

Rob R yes that would be fantastic. Would love to have at least 5 to 8 grand for a used vehicle. Pay in full so this myself. I have my current job part time job I will be starting next week, and if I can just work my tail off and save up enough I think 2021 will be a great start off.

@@mariamaneval2097 I honestly believe you can do this within a year. Get a part-time job during the week (around $200 a week) and maybe delivery food on the weekends. You can honestly keep the car and pay it off within a year. I don't have a problem with your employment. If you love it maybe try to move up, management? Good luck..you got it!

Most people would just say get a roommate. I hate those people.

@@heathj7794 Yeah, but still - she would still be paying more even w/ a roommate than her car note. Only way for this to make sense is if she could get her apartment expense down to below car payment price which seems like it would be impossible and/or not worth it in the end

@@LSxHTX she would need 6 roommates for that. Only choices available would be make more money or stick it out at her parents.

@@heathj7794 Agree

Depends on the apartment. In my city a studio or one bedroom in a good neighborhood can be under $700. Plus moving out is about growing up, not finances. At 27 she needs to be an adult.

She will be debt free as soon as she sells the car. Also, from seeing a lot of friends go through similar situations, some people have a lot of trouble gaining momentum in their finances when they’re still living at home after college age .

@Marka L I would rather be financially ahead more rather than take others opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished

Exactly. 600 more for the apartment then she’ll be driving for 300 a month with a “perfectly good” used car that needs a lot more incredibly expensive repairs. That’s 900 more per month. She should get a 2nd job, stay living at home, and in 2 years, hopefully less, be debt free. Then she’ll have a good 4 year old escape, paid for, and she could afford to live on her own or with roommate.

@ilumix led well maybe for a guy who can do all the work. Brodie's comment about her main mistake was buying a new car on that low wage. Very big mistake. However, it can't be cheaply fixed. I think it's better to stick it out. Every time someone like this trades cars, they lose a ton. Then add to that the repairs that crop up on a perfectly good used car. With all the hassle and losses, she won't come out ahead...or just slightly, not worth the time wasted. She could spend that time (trading/swapping/getting ripped off again) on a part time job. Also "getting out of that expensive car" will make her think that she fixed a grave mistake, and all is o.k. now. All is not o.k. She messed up big time, but should stay with this. An Escape is not a super expensive car (except on her salary, yes it is). If she bought a new Lexus, then maybe it would be worth trying to get out of it, but this car is halfway depreciated by now, just stick this out to help learn to never make this mistake again.

Only that she seems to get along well with the parents and she does NOT indicate that they are giving her a hard time about the selling of the car, they just give advice that is at odds with her ideas and the ideas of Ramsey. Who says her parents would be furious with her for selling the car ?? (maybe they just do not want her to sell at too low a price). Ramsey (the control freak) would not give a young adult living at home that liberty (to disagree with him), but her parents might be less controlling about it. She could save money, and does not have to put up with a roomate (whom she does not know, and which might not be as concerned about her like the parents). If she gets a cheaper car and it breaks down - family could lend her the car, and she has no stress going to work. It would be interesting if her staying at home is a joy or a stressor for the parents. She does not seem to be ambitious. Which is O.K. Then she needs to get intentional about finding a nice man to marry.

She doesn’t need a 3-6 month emergency fund unless she’s debt free. And yes you can move out making $13 an hour, the whole country isn’t San Fran or Manhattan. She can get a roommate or rent or room in a place with boundaries unlike her current situation.

Shed be down a car and she prob payed a few months worth of payments on a 2018. She should save enough to sell it and still have 1.5K for a cash car

@Jesus Perez She has 4K in her savings. I don’t understand how selling the car can pay off the 13k loans and her 11k loans. Is she selling it for 24k? Because that’s not possible.

@@TimeisUp22 I didn't hear the 4K in saving. Yeah she would sell it and use that 4K for a cash car. I thought she had 0 in saving and if she sold the car she'd have no mode of transportation

I mean she’s a woman, so....only in the year 2020 can you criticize a woman for not having career goals. That’s a new thing. But with a career comes issues--the looming clock of doom, her biological clock. Plenty of women in their 30’s who are worried sick that they may not have kids or are rushing to have them because they focused on their career.

Lol

@@BadMannerKorea oh don't worry, she will line a guy up pretty quick when she gets in a bind.

I'm 29 and idk fully. I did move out at 25 and getting married this year but it difficult when college didn't work out for you.

She'll find a sugar daddy. Female privilege

I would rather be financially ahead more rather than take your opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished. Plus how she gonna move out she makes $13 an hour

2024 ?

Terrible advice, move out while only making $13 an hour, absolutely horrible advice

You have to actually take steps to make things happen. Sitting back trying to figure out what you’re going to do next isn’t helping. Just do something. Move up in your job, get a second job, join the military, go to college, do a trade, no matter what at least you’re doing something...

There are lots of young people living at home and/or working no-so-great jobs. There aren't as many starter jobs with good potential these days and life costs more proportionally. I read that a gallon of milk would cost $32 today if milk prices had gone up as much as education has in the past couple of decades.

@@Elizabeth-yg2mg Education is still worth it. It provides one of the quickest and safest ways for a better life. Numerous studies show this when it comes to income, and it's even on the .gov website. The more education you have the more you earn over a lifetime. No other time in history can you be a 40-50 year old, decide to go to college and use loans to help you get there, major in engineering, nursing, computer science, etc, and make 60-150k a year.

@@BadMannerKorea Well obviously. Where did I say that education wasn't worth it?

@@Elizabeth-yg2mg You're talking about high education costs in relation to cost of living.

Or a Toyota

For sure

Debra Cole Lots of people making that amount manage it and they’re not living in ghettoes either.

@@barbararepko4824 honest ? Y on earth she she move out. Just to be able to barely make it and say I’m on my own, but just barely making it and not being able to save anything. I would rather be financially ahead more rather than take others opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished

I've managed to live on less than $25k for a number of years. Roommates are the key.

@@robertlunderwood My point is that so she does not have to live like that forever, is that she should stay at home until she gets an education or learns a trade that will pay more than that so she can live without having to rely on someone else's pay check !

@@bettysmith7045 She's 27, not 20. Time to fly.

@@robertlunderwood wrong, do what the other person suggested. Pay off debts, save for a down payment on a house and get a better paying job before she moves out

@@richardcarlson8272 27 year old adults should not be living at home unless it's for a short time due to life circumstances. You cannot truly live until you struggle a bit on your own and solve your own problems. That can only happen when you fly.

In addition to the car note which requires comprehensive insurance, she probably pays rent to her parents along with a portion of utilities and food. I'm only speculating but that's probably why she doesn't have more money saved than she does. We also don't know how much she's paying in student loans.

She stated that ever since she graduated she has been trying to pay off her student loans meaning the majority of her income is going towards that.

Happy Happy Febechi 찝이지 yes I agree but she should still be making more money

texan903 yes I aware that she pays bills and that should be 50percent of her income she should still mage to save 30 percent of her income in put that towards her debt i personally know a co worker mother of 2 that makes 20k a year and helps her husband pay the bills with 50 percent of her income and saves the other 50percent she saves 10k only making 20 year it’s all about managing your money

@@lovethefeelingofspring5973 She never said she GRADUATED.... She said she had DEBT, never said a word about a degree and Dave didn't ask her about WHY she was working in a Greenhouse for $13/hr with a 'degree'.... A very decent amount of ppl have student loans with no degree

True. You are always learning even outside of school

37 and still live at home with parents? Hmm. Hope you contribute at least $500 every month toward the household.

Ilovekids I pay for everything in this house. I helped my parents raised the 2 youngest kids and now still the bread winner of this house 😁

1st how old are you and how are you doing in life? 2nd, your 1st statement is simply not true for everyone, actually completely and utterly wrong

@@richardcarlson8272 just under 40. I would be doing quite well in nominal terms even in Norway, even though I live in a much cheaper country than the US. My statement applies to people with my kind of will and endurance, and works well.

@@foreigncontaminant2015 the reason why I said it’s wrong for some people bc it is. My cousin is a prosecutor. He just turned 28. He only moved out of his parents house at 27 for a couple of months 3-4 months with his gf, then they broke up. So he moved back with them. I don’t know his exact salary but I know he makes good money and he he has a great relationship with his parents. He probably will not move out till he has money for a house which is smart. Just bc your over 18 and live with your parents doesn’t mean you’re in trouble. You can be making smart decisions to eventually move out

@@richardcarlson8272 fair enough. I had to move out to complete my studies, and discovered the benefits along the way - standing up for yourself and not being bombarded with constant advice. there are certainly many right and wrong ways to do things in life, not just black and white.

@@foreigncontaminant2015 I agree. I know not everyone has the opportunity to stay home with there parents while in or after college. But a lot of people do have the opportunity but choose not to use. Everyone can do whatever they want weather it’s right or wrong. My belief is that you should if allowed and everything is ok with them, stay with your parents till your out of debt, have a down payment for a house or apartment complex (duplex, triplex, 4 plex), and have a stable full time job with a decent salary before you move out. To me this is the best idea bc it sets you up for success. But again to each their own, so everyone do what’s best for them this is just my belief

If you're broke, you need to work more to get those bills paid off. Then you can cut back.

I hated the lack of work flexibilty and gig economy in EU, not enough incentive to go the extra mile, do better, more. If you are in a bad spot and temporarily need a 2nd job, in US anyone willing to work can find it, unlike there. Most Europeans that choose to move to US have seen the failures of equality of results and unintended consequences of utopian safety nets.

@@butucmanuela3965 Europe is not one country and each country has a different work ethic. The things you mention are real, but it's not common here to have 3-4 jobs and be completely stressed about them. I worked in the US and I know a lot of people there. None of them works 40 hours or less. What I find sad is that a 40-hours work week is seen as "being laid back" in the US.

@@evas433 it's not laid back for the average joe, it's laid back to her because she's in poverty.

In European? Is that a new language? I’m assuming you’ve gone the next step and given up your national heritage and sovereignty. It’s okay to work. If you do something meaningful you love your job.

@ilumix led If your making 13 dollars an hour at 27 years old with no career goals you are hindering your parents retirement because you are an expense to them. You need a career because at that rate the government is paying your healthcare costs. The thought of being homeless is a huge motivator at 27 get motivated support yourself.

@@gofish8181 that is nonsense because she might pay them her share. even if NOT, the parents may be glad to have her at home. If the retired parents travel they know someone is in the house, etc.

The parents might spoil her, but they see it likely as an advance to her inheritance.

Agree 100%

Fords are not good cars, but her real mistake was buying a 2018 vehicle when she makes $13/hr. She should drive a much cheaper vehicle.

@AlyssaMccoy hi I'm the one who did the video.i called in to Dave. I was worried about that my parents will give me this big lecture of me getting rid of a vehicle. I think doing this will be a step in the right direction for me

Maria Maneval You’re on the right track ! This decision will definitely be the jumpstart you need to move out.

@@mariamaneval2097 Hi, it sounded like you get along well with your parents. WHY would they object to you selling during the _pandemic ?_ Do they fear you do not get a good price - for a car you cannot affor ? That you lose money on the deal. Or do they like you to drive the car for status purposes ? Also: I wondered if you are the "ambitious" type. If not - that is O.K. I know in American culture it is almost impossible to admit you do not "want a career" - but maybe you have other goals like being well married and having a bunch of kids. (in which case you might get intentional about _that._ . either the career or the path to becoming the wedded wife of a good man). I also disagree to change the parents you seem to get along with just fine (you did not even consider moving out) for a roomate that you do not know, who might not be as interested in your well-being - and which you will need to afford your own place. Most of the time in human history young adults stayed with the family of origin, even young married couples. Ramsey is at odds with human history. (which is weird as he seems to be conservative on family values). I guess at 27 it is time to get intentional about _something- (career, marrying, whatever). Good luck to you and also your parents (I have an inkling they are nice well meaning people) - stay safe.

@@mariamaneval2097 hey, I really think the best idea is to not move out, pay off your debts, save for a down payment on a house and get a better paying job as long as you get along with your parents. This is the best route to go but whatever you choose I wish you the best

She can't afford to stay there.

True! She can’t.. she needs to get rid off the car, find a stable higher paying job and save for a place plus she needs to get a cheap used car..

I would rather be financially ahead more rather than take others opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I dm not saying kids should live with their parents forever just till those things are accomplished . Also, some people’s relationship with their parents is completely fine

Who do you drive for?

Where do u work

No she still has student loans.

She lives in Harrisburg Pennsylvania not New York City Yes $13.50 an hour $2160 every four weeks before tax isn’t bougie money you are right. But after a simple Google and Facebook marketplace there’s apartments for $750 near or around Harrisburg That or she could get an apartment for $1200 and split it with a roommate.

@@jojo7253 dude. That’s does not help get ahead. Ok say she’s able to just barely afford to live on her own. What does that accomplish honestly. To be able to say “I am on my own” but the catch is she can’t save any money. I would rather be financially ahead more rather than take others opinion of “being a adult”. This is just a fact, she will save more money if she lives at home, gets out of debt and saved for a down payment on a house. I am not saying live at her parents forever but do the things I just listed above and get a better income before she moves out. If she does what I just wrote she would be 10x farther ahead than what your suggesting. And just to clarify I am not saying kids should live with their parents forever just till those things are accomplished

Make a ton of money, don’t over spend, invest

Are you mike from breaking bad

@@lucastheproducer995 Mike from Breaking bad is Mike Ehrmantraraut

@Ilovekids Me , I m the one who called Dave on this video. I have a 5.9% interest rate. I feel it's wiser for me to sell the car what's your opinion.

​@@mariamaneval2097 Hi Maria, oh wow... Assume you can sell your car more than the amount you owe. Are you going to ride a bicycle to work to take a train? If it's a cost effective then yes. If you really need a car for work purpose, you may sell it and buy a much cheaper car. In my opinion, you are not ready to move out yet because if you are unsuccessful in the real world, your parents may not take you back or it'd be awkward to move back. Put all the monthly expenses, moving cost, apartment and food to see how much do you need to survive if you move out. The landlord usually will ask you to pay 2 months ahead (one hold for down payment and the first month). Good luck.

It’s 115 a month in Miami. I wanna live where you live.

H P $115 is cheap compared to a car and all the extras equal $500 ez

No husband, no man with a decent job? Who gives a fig? Tom it's 2020.

@@Elizabeth-yg2mg Obviously this woman at 27 doesn't have it figured out. She still lives with mommy and daddy and abides by their terrible rules.

@@dete503 There's nothing wrong with living with her parents if that works for all of them. She's working, she's bright and personable. And if she let some man "lead her" she'd get reamed for depending on a man by you little commenter twits. Besides there are few quality, trustworthy men--most bright women don't leave themselves exposed that way.

@@Elizabeth-yg2mg It's NOT working for her, that's why she's calling Dave. Living under her parents' rules and guidance is what got her here in the first place. I never once mentioned a man "leading" her. The only people leading her right now are her parents, and they're not doing a good job at it.

What if she just got out of a relationship you don’t know. She doesn’t have to have a man. Not everyone needs to have 2 kids by 27, in fact I would say that’s not a smart idea. She will find someone eventually