the great thing about being poor is that it motivates you to never never never ever want to be poor again.

Absolutely the BEST advice, ever, Dave!!!!! Love this call. I grew up in poverty myself. Grew up with holes in my shoes, stained clothes, and free school lunch. My home was dysfunctional and abusive. My mom finally left and the finances got worse. I lived in a TENT when I was in highschool of all times. But you know what? My family had a lot of LOVE. Sometimes my mom would get all the presents at the dollar store so at least the tree was full of presents for us on Christmas. We played outside. My brothers and I had fun. Sometimes she would take us to "get lost" and she would just entertain us by driving us around to explore. Once we found a house that was made up to look like a castle ...think pink and purple and Disney Princess. I never forget that. Dave is right about CHARACTER. It has definitely made me who I am today and also inspired me to to better. I make well over six figures now. And I married a GOOD man. If I hadn't seen and lived through what I did, I would not be who I am today. Don't spoil your child. She will not be grateful. She will be entitled and expect life to hand her what she wants. She won't value hard work. I mean, I stated a "car washing club" with my friend when I was in 4th grade so I could have money to go to 7-11 and get slurpees and nachos. I learned the value of a dollar young, and that hard work pays off. I'm forever grateful for everything I worked for. Kids don't even remember the STUFF they had when they grow up. I can barely remember any of my toys. But I remember the silly games we played when the power went out.

I always laugh at the start of these "How are you?" "I'm great Dave!" "So whats your problem?" "I am $3million in debt my wife just left me, my dog just died and my car needs work"

Schools NEED to make a personal finance class! This lack of knowledge is insane.

Smart lady. Lots of people aren't introspective enough to analyze their own thinking and habits

You call Dave Ramsey for financial advice and he tosses in the wisdom as an extra.

I really needed to hear this. I grew up in a very unstable environment (homeless and moved a lot) and I fear I’m over spoiling my kids.

So nice looking at my credit score and seeing $0 on credit cards. All that’s left is $30,000 in student loans and $9,000 on my car and it’s time to scream!

They might deserve a new dress but they deserve to have a financially stable household. Something they probably won't understand 😕

It feels like I’m calling unpacking my own story. It’s nice to know I’m not the only one and it’s nice to finally find a story that I can actually relate to. None of them ever relate or touch close to home.

She missed what he was implying... that just because she didn’t have EVERYTHING given to her as a child, she got through it.

Dave and friends, I was a financial analyst for my state's government (Delaware) and I was a trainer. So many people in my classes told me they wished I could give their kids some of the basics. I got in touch with some local schools and offered to do things like "Friday, brown-bag lunch & learn" sessions for things like how to have a checkbook and balance it, how to save up for things, etc. I was told there was no room in the schedule because they had hired someone (paid, not free, as I was offering) for hip-hop lessons. Okie dokie, then!

I applaud this woman for her courage to share her story.

I grew up with little money and always heard no, I think that’s what motivates me the most...if you didn’t come from money make sure money comes from you. That said, you need to make sure those kids understand how hard you worked for them to get what they have.

I didn't come from a single parent household or even a low income one, but my parents were super tight so I grew up with hand-me-down clothes and store brand food. So I went absolutely crazy when I started working - I bought all sorts of stupid stuff! No more used clothes - I'm going to wear $100 jeans ect; I cringe when I look back at my 18 year old self. So much money wasted. I still don't want to buy the .75 cent spaghetti, I pay the extra .25, but I've found a happy middle ground.

There is no substitute for love. just being there is the best gift.

The Maslow pyramid, being at the bottom is part of the journey

This is the best advice I have heard from Dave Ramsey.

I grew up without brand names and when I had kids, I wanted them for my kids. I thought they would fit in better. To my surprise BOTH of my kids refuse to wear them, a brand cannot be visible! LOL. My husband is the same way. How lucky and what a lesson I learned. They don’t like the “daddy’s money” vibe, as they now call it as teens. ❤️

I like how you explained things to her and most that call in! Makes common sense seem alive again, over,and over! She calmed down listening to you.

I think personally being raised in a stable home with necessities but not everything I wanted created my drive as adult to be responsible with money. Have you ever noticed people that have a bad relationship with money, irresponsible, tend to have bad relationships too?

Life is a struggle, including financially. Kids need to learn that. Don't worry about things you can't control. Mom needs to learn that.

8:53 Awe poor baby Rachel. So cute !

This was a great episode! I needed to hear that! Parenting out of guilt is what we call it

That’s right Dave!! Spend time in prayer!!! Yahweh always makes away🙏🏼🙏🏼🙏🏼✝️

every video.. Dave: "Better than i deserve ! how are you ? " every caller: "Im doing great Dave !" Also caller: "i'm 1 mil in debt, homeless, jobless, someone died, i'm about to die..."

God bless this family !!!!!!

He’s right. Pain, conflict, adversity, etc is coming. So how are you going to deal with it?

Wonderful conversation. Best of luck to this lady. She needs to probably change the way she's been thinking for a long time. There's nothing more powerful than trying other ways and seeing the upward change for ourselves.

Part of WHY schools do not teach about money

Dave always has sage advice.

Love how Dave always Says Rachel is sooo dramatic 🤣

An excellent interview and advice! In my opinion, it does not hurt to allow children to experience consequences. Thanks for sharing and good luck to the caller. (p.s. I can relate, my mom worked her tail off for us and just passed away too). Hugs to all!

Thank you for this advice Dave. I really appreciate what you do here on this show.

I have an unhealthy relationship with money-it's always fleeing me and going to Sallie Mae 😎 💸

I can relate. When you come from a poor family. It very difficult to relate when you become rich because you have to become reverse of what you thought before having money. Getting rich is not a problem, the problem is staying rich.

I remember being 8 and enjoyed saving money.... Too bad my birth giver was bi-polar and would "borrow" from me. Keep users out of your life it helps.

I write about 4-5 checks a month whoever cash it first is the lucky bill that gets paid 👀 I had it when I wrote it

Love this show...positively/hope is missing in our culture. Great job Dave

I seem to have an "unhealthy relationship" with money also, I am in love and I want to see more of it and more often but money only wants to be with me every 2 weeks and always leaves ASAP!!

Unlearn the way you were raised if it's not healthy. Sorry, but when we become adults, we're 100% responsible for our own lives.

This one gripped me. Great talk Dave. Thank you for this.

Good Mom teaches from mistakes from granny , and changing it all for her daughter

That’s my husband to the T and that WAS me until I realized that I have to get out of our debt carrying the brunt of it.

Thanks for the great tips

That's good Dave! Wise advice ☺

Love this! So raw

I’ve been waiting for this!! I feel the same... grew up without much now I have money to spend and I want to buy everything....

Love your videos dave All the way from sunny Scotland

Your children can also be part of their own future...want to know how? From the day they start pre-school, lovingly let them know they must work hard in school and do their very best. Emphasize the love of learning and the beauty of discovery. Be curious with your children! Then your children will journey through school (life) knowing that education is important...AND know they chart their own course, so to speak. Your children will get great grades. When it comes time to take college-entrance exams, your children will excel. What is the OUTCOME: scholarships and entrance into fabulous schools.

Solid advice!!!

Dave is old school......love it. His kids are well balanced..go figure. Dave for President !! Yea!!!

As a child I did have everything, that being said everything is not much in a third world country. Now that I am the US I value every penny I have, you don't need to feel the pain, is all about reason and what will give you a better life in the future.

Feel pain in a protected environment - tough love breeds strong discipline and accountability!

Caller: "My husband and I are married".....

My family of 7 was also “poor” and I put it in quotes because we never lacked any basic needs. My mom was a stay at home mom and my dad didn’t have a stable job but hussled and worked at everything and was always working. Yes we were told no and we didn’t vacation very year and go on a plane but I NEVER felt poor. My childhood was great from what I remember even though my mom tells me know that I’m an adult that people would tell her things and that she felt bad but I always tell her that we didn’t suffer. Also now that I have my own kids yes they have gotten in a plane already on a vacation but I plan on raising them humble and what I mean buy that is we don’t own a tv or a computer or laptop or tablet and they will not be receiving a newest iPhone for their first phone not because we can’t afford it but because we want them to earn what they want. We want to teach them you want the newest iPhone ok you’re going to work and save up and buy it yourself so you can feel it.

Why does Dave always recommend pastors for mental health treatment or marriage counseling? What specific training do pastors have? Makes no sense to me. I wouldn’t go to a car mechanic for a plumbing issue.

Dave !!!! The Great I’m a new Subscriber!!!!!

Lottery is my problem! After I win, I'm gonna quit😉

Controlled pain, controlled discomfort is essential. Nothing grows without learning how to deal with the blistering rays of the sun or under the heavy downpour of the rain. Whether you learn to cover up or do without.

We had some lean years but thanks to our mother's frugality we always had a roof over our heads, food, clothes and medical and dental care. I do however remember a year or two when we were on food stamps after my stepfather died from suicide. It was humiliating to have to go use them in the stores and we got free school lunches as well. Our mother did not make good choices in men but we never felt unloved.

I grew up upper-middle class but I didn’t care, that why I trade FOREX because I knew early on that I had to take advantage of the foundation I had and create multiple sources of income & teach MYSELF financial literacy

I'm just now trying to recover my finances in my mid forties after a less that optimal upbringing. The violence I saw in my family due to lack of funds made me not want to think about money as it resurfaces trauma. I'm on here because I force myself...

Laying it on thick before the bombshell ...

Do or do not - there is no try.

I didn’t grow up with much and I’m gonna make sure I’m an everyday millionaire. I’m 20

Seems to me like her building up an emergency fund, so she's not as stressed about finance, might go a long way to helping her daughter not feel as much "proxy stress" about money as she did? Maybe some budgeting?

Listing to Dr while I'm a t gym

Yep that's me, spending money makes me feel happy

A.d.d it is a light yellow issue for me. Food is my weakness... If I could just not eat for one month

Greetings from Morocco

You deserve what you can afford. Period.

And they say money isn’t everything lol 😂 💰 💵

Not having things that your mother could not afford is part of what made you the successful person you are. Why take that character-building mechanism away from your children? Wouldn't it be better to not be so focused on material things and instead be mature with your money and build a solid financial future for yourself and your children???

Some of this people need to live in other countries so they can see what poor is.

Spending time with your kids is the best gift you could ever give them. I’m a single mom too. Just make sure to always include GOD.

How can I make a call to Dave Ramsey??

Wow

The majority of the last one to two generations were spoiled, and it shows. Growing up, even though we were middle class somewhere, I rarely ever got what I wanted. Had to earn stuff. I remember many a 'high level negotiation' with one or other parent. And I was 'the saver', not much of a spender at all. Had always been that way, it was just a thing. But spoiled children generally grew up to be useless adults.

Actually, we do still call them spoiled.

👑🙏

Rachel 😮😂& look at her today!!!!!!!

Dave never asked if she was debt free?

Sweat equity is definitely lacking in child rearing these days.

when you're somehow both spoiled and struggle with money👌

Dave you’re awesome but man, why are your hands so ghostly white

"My Husband and I are married"

I have an unhealthy relationship with money as well. My wife won't sleep with me unless I give her some.

"I have an unhealthy relationship with money" is psychobable for irresponsibility and lack of self discipline.

I rent fun all the time.

I've been working overtime all my life and we were never poor.

Sallie Mae - somebody please enlighten me

Hmm you never see single dads with money problems 😂

Dave called her out on her “issues”

You have to be humble at the start

“My husband and I are married” uhhh duh

Dave’s never answered my calls. :(

His fingers are so white but the rest of him is so brown

If you want a promotion you gotta get out the lotion

Actually not when you get rich but when you are in transition.