@JBJB992 0 seconds ago Generally, I like jade but her response was clinically/scripted. Dave's response/questions were needed here. Heartfelt, personal with the standard ramsey solutions.

The other personalities are still learning. I’m sure they’ll get there.

His wife might be able to get disability payments

Yeah I don't like his cohost she seems incompetent

@@jonathanpalmer228Like you’d do a better job than her

​@@jonathanpalmer228it all comes down to budget give the lady a break.

​@@jonathanpalmer228I don't think she's incompetent, but she was going on a tangent with the budget speech. He clearly said that he tried but couldn't figure it out. That's not what he needed to hear that day.

Uh...triplets, that's tough. My cousin's friend got triplets. My cousin said, when he found out they're about to have triplets, he lost more than 50 pounds, from the stress alone. He was thinking how he could afford the kids' education costs. 😄 They're OK now. The kids are 9, I think. Best of luck for this family.

Not in this millennium it hasn’t been. Survivable, maybe.

Still is in Oklahoma.

It’s a fantastic income if you don’t have 6 dependents

No. It hasn’t been stellar pay any time in the past decade, even in Toledo.

exatly right@@Maddieelovesu

Yup, it’s why Dave took over lol. She needs to stop trying to be so wildly different. Just ask the same questions Dave always does, and it will be better for everyone, including the listeners of the show.

@@worldnomad2301 she's just trying too hard. She's like that one coworker that goes above and beyond to become manager, but every knows they'll never get the job.

I thought she would be good for the show at first. Anyone listening to Ramsey for a month could replace her. She adds nothing.

@@magnumend88 same. She is great at being new lol. Once she got comfortable her actually self came out.

So irritating. She doesn't understand.

💪🏼

Jesus, 1k? How the fck

I began 1k overdraft every month since the beginning of 2023. It wasn’t until this past November when the bank decided to end my overdraft access. With only $2.88 in my account, it actually felt good to see my account no longer negative. However, I was forced to formulate a six weeks survival strategy and it has worked out so far. I have two more weeks to go until my financial goals are met. There will not be a Christmas tree, dinner, nor gifts this Christmas season. On the flip side, I will be receiving two settlements in the near future. One is in the five digits and the second is in the six digits. Possibly low end seven digits. Am planning to be debt free and make wise investments. Watching these videos has helped me a lot.

Because the government system is crap, they give the help to those who don't need it. I know people that get help and they don't need it at all, both working and kids working. They are applying with the same work letter from 23 years ago.

This makes no sense because the original post is someone who literally needs it lmao. Just because some scam the system doesn't mean it applies to everyone​@@mariorta5017

Working in community counseling it’s staggering how broken the disability system is.

My mother receives disability for her Alzheimer's disease but doesn't qualify for food stamps because with her disability payments (only disability payments, mind you) she "makes too much money" according to the government

because you have to ask, I was shocked how some brainwashed about the government think it's wrong. This is why it was made, it's not for everyone but people like him definitely.

Best bet is to ditch the wife.

​@@listerinrI can tell life hasn't worked out for you. Hope you find some happiness.

@@Afrinaturality lol Life is great 👍

Right. I agree.

​@@listerinrclown

Where do you live?

NC. Yes I would consider our taxes and cost of living lower. We work really hard too at being frugal buying most things second hand and cooking mostly from scratch.

@@nicolemyers4584 I would bet that without the mortgage, you have no debt. That's the only way this works.

agreed, family of 6 here, with closer to $2400 take home monthly. We are working on house improvements and saving to buy a new to us car as well. We live very simply but we like it like that and kids aren't wanting for anything.

What about utilities, car payments, or car insurance? Curious because I have a family of 7 and we are struggling, doing some research here to try to find a way out. Would Love to hear what other large families do to stay debt free.

And where can I get 500 a month rent? Mine is 2,300 😂😂😂

​@@zenlife321buy a crappy house and fix it up.

@@heatherhineline9481fixer up requires a lot of money which defeats the purpose of

That's a good idea 💡

Yes never let misplaced pride hurt your kids. Many fall on hard times, many times not their fault. God wanted us to help each other. I would rather have nutritious food for my children and warm clothes and state insurance although not the best, than keep my kids on innutritious food and lack of health care. Sometimes it's not them but well meaning friends telling them not to do it. So sad.

Not necessarily. Some food pantries don't require proof of low income. Plus he would likely qualify based on his family's situation. $3600 for a family of 5 in his area isn't that much with the cost of living & inflation.

Brilliant call the show with this idea 😮 I’ve never heard talk about this side of churches and how helpful they can be, only biblical biblical scripture.

I don’t even know where you can live for 560 a month I have a shitty little 400 sqft apartment 45 minutes north of Houston and I pay 1100????

@@talorb633 I paid $1100 when I bought a new 2500 sq ft house just in 2015...but I did put 50k+ down though. Rent is crazy expensive now.

@@talorb633 I bought a 1960, 3bd/2bth 1700 sqft, Fannie Mae foreclosure, PHX during the Great Recession, $50K>> $214/mo.

He probably lives on the boonies where bowling is the most fun thing to do

My housing (rent) and car payment combined is $1050 per month. The owner of the house I rent locked my monthly rent amount for as long as I live at the house. Knowing my rental rate will never increase is absolute gold for me.

Good kids respect. Was there no medical help?insurance?

@@lionheart93 The 2K payment from fed health plan was the insurance. Insurance never pays for everything.

When I was in my 20s I took care of my landlord's house for his daughter after he died. Before the ink was dry on the death certificate, the phonecalls started coming in from creditors. She had opened credit accounts in his name and racked up the debt. The calls often started with "The reason I am calling is because we know that your family would want to do the right thing to honor Mr. ------- by taking care of his obligations..." My friend's mom fell for this and paid a "settled amount" of her dad's debt after he died. Mom was on the hook for the entire debt: The creditor sold the remainder/unsettled amount to a new collection agency.

@@jodylarson4697 NEVER is a totality word. My former employer offers FREE lifetime family healthcare, and continues if you do 20 years. We call it "The Golden Hook" I left a $130K job to do $65K, same job. Allows you to raise a family in retirement.

Did you have to pay the health bills?

Exactly💯

I thought this as well - google sheets is free, too. I haven't used the premium app, but I don't expect it's doing anything magic that you can't figure out in a spreadsheet in 10 minutes.

He sounds like he's not been brought up learning to budget. He also sounds like maybe he isn't tech savvy. Both of these things are ok, and he's clearly wanting to learn or he wouldn't have paid for the app. He just needs someone to set him up on how to use it. You need to learn to put yourself in someone else's shoes. He has no student debt, which means education probably is out of reach for his family, so he's at trade school at night and apprenticing during the day. Apprentices earn very little for the entire duration of their apprenticeship. Once he qualifies, things will improve dramatically. They will improve even more greatly if he sets up his own business. But even that takes knowledge in how to run a business so you don't end up behind with taxes. Be compassionate, and be helpful.

If he paid for it then connected his stuff, he is getting his bills autopaid so it's not all for nothing there still is an all in one benefit of the app even if ur not making ur budget on it, I can tell you know nothing about the premium version

Have you even used the app? You don’t need to pay for the premium version to utilize the app. The benefit of the premium version is that it links your bank to show all your transactions. It makes it easier to manage your spending because otherwise you would just have to manually input the numbers yourself if you aren’t paying for it which is still better than writing stuff out on a piece of paper

If he has a small house payment thats easy to get buy on peoblem is alot of people have 2000-3000$ payments

Just wait till those triplets become teenagers. That fridge will be empty consistently and the grocery bills gonna be more than the mortgage.

My condo mortgage + HOA fees (water & sewer, trash, landscaping, etc) is ~$800. Working on paying off the mortgage. When you're in your 70s, where are you going to work to pay rant?

We’re a family of two living on $2,400 monthly with no house or car payment but with insurances, utilities, medications, doctors visits, cell phone, cable and groceries it’s hard but we still manage to save when we can

@@jmanrock11 Hopefully he’ll be in a more advanced spot with his job and he can afford that, lol

Dave never mentions that. My neighbor works at a healthy loave and fishes food bank that gives fresh groceries and canned goods on Saturday's. Many people get it weekly, some monthly.

@@deb9806 Yeah it's a shame he doesn't feel that's ok for people to do. There's no shame in getting help.

If you're being stupid and overspending and refusing to budget, why are food banks, churches, and other hand-outs the first thing that comes to mind? Why is Welfare second? Whatever happened to rugged individualism in this country?

@@Sizukun1 Don’t be so cruel, there are a lot of people who do budget right down to the penny and fall short because of insurance and other things. If you make over a certain amount, you can’t go on Medicaid, but affording insurance is still extraordinarily expensive. People deserve healthy things to eat, and not buying dollar amounts at fast food places to try to feed their kids. There is nothing wrong with getting help short term and keeping your family healthy and not feeding him junk

@@deb9806 Yes pride in the wrong place keep some from getting help and they have kids that don't get medical care or eat well. Many who work with the poor daily know the stories, know the percentage of people who really need help for a while, some longer with other issues. God I feel wanted us to help the poor, the needy. No one should be hungry or malnourished.

We fail to realize that banks are commercial enterprises that are driven by greed as well. The over-leveraging of assets by banks starting in 2020 was one of the factors that led to SVB's collapse. I've never felt secure keeping a large sum of money in a bank. In other words, I invest through my financial advisor, reap the benefits, and then spend the money.

I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with an advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

@@hunter-bourke21 Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

Kudos to *Camille Alicia Garcia* for her significant contribution; she has an online presence, making it easy to find her details through a search. While locating some others might be challenging, Julia has been an excellent guide throughout the year.

Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.

$3,600 take home monthly means about $51k/yr gross. I don't think they will qualify for assistance. It's a tough financial range with a family...hard to live on, too much for assistance.

they wouldnt qualify for government help im a stay at home mom with 1 kid and another on the way but my husband barely gets 36,000 a year and we wont qualify, If child care wasnt a entire persons paycheck i would prob go back to work but then our bills would go up cause government has to triple dip. maybe once kids r older I can return to work but for now budgeting is key.

They could probably cut that grocery bill in half

My kids always ate a lot - even when they were little.

5 kids yikes needs a part time job or better paying job

Could his wife do a online home job

@@davidhale4647 3 kids, not 5

I thought Dave was going to say "it's beans and rice, rice and beans time!" 😂😂😂😂😂

Right. Full time job, 3 nights a week of school and then come home to do home work, take care of sick wig and triplets

I think his income is too high.

@@suen5006 it’s not based off his income cuz there married with 3 kids. They should be able to get something

With triplets yes and the other money can go for bills. My friend took care of triplets with a Catholic organization years ago. They helped with babysitting, respite care and other things the babies needed. Reach out, don't like pride misplaced, hurt your family. We are supposed to help each other. Then years later, you can help.

Foodstamps, wic if the children are 5 and under, and possibly medicaid. He needs to reach out to department of social services.

Three kids - they have triplets.

Exactly because it seems with the super low mortgage even with $3600 income he should be able to make it.

If she is sick a lot of the money probably goes to insurance and doctors appointments. Triplets and sick wife.

It's quite possible if she has a degenerative neurological disease that she cannot even speak or swallow, and/or she may have deteriorating cognitive function.

My neighbor worked with poor and working poor, mentally ill, so many. A big issue was transportation. They had some volunteers who would drop off bags once a week of vegetables, eggs, canned good and some meat but it was hard. Most think of poor at Thanksgiving and Xmas but they aren't any better off the rest of the year. Some work 2 jobs and take the bus and it's hard. Sure some try to scam, but they are minority from every person I've known working with them over the last 30 years. They shouldn't hurt the ones who need it. Vitamins should be free too from doctors to help round out nutrition.

Do you mean he can file exempt?

@@switchdeck9164 Not necessarily fully exempt but each dependent is a deduction, so he shouldn't owe too much in taxes.

@@switchdeck9164 yes exactly. So if he is making 48k gross. He files married jointly and using standard deduction 27,700. So would only have taxable income on 20k of income before any credits for the children. Having 3 kids and only 48k income, they will get the full 2k per child Credit (not deduction) for the Child Tax Credit. Also will be getting what Dave calls welfare on some of his other videos in past years, but the EITC Earned Income Tax Credit. That one is phased out the higher the income gets to the limit of 63k. So ALL federal income tax paid in thru the year is refunded, along with the remaining credit after the credits are applied toward the amount taxed. Just using turbo tax estimator 48k income with married 3 kids and paying in 0 income tax would still net a $7.2k return.

@@suen5006 you can file exempt if you expect to owe less than 1000

Get counseling

What do you do for a living? You have to have a way to earn money before you can think of getting out. I agree with the poster who said get counseling. He may balk at that. But while trying to convince him, make sure you have a foundation so that if you two have to divorce, you don't have to live in your mom's basement. It also wouldn't hurt to talk with legal counsel.

Get a divorce pronto!

Definitely seek counseling, not sure how old you guys are but talking about finances is probably one of the most difficult things to talk about especially when things are not going well financially. Sounds like this is not only a financial problem but also an accountability problem as well. Unfortunately you might have to initiate the planning piece along with everything else that’s going on and maybe put a cap on when you will tap out although I’m pro marriage and don’t encourage a divorce however everyone get to the the point of being so over whatever that might be. If he’s not able to join on this journey to save the family and y’all marriage then being separated and possibly a divorce is only right and healthy for you and the kids bc it will only get worse and the hole will get deeper

My husband and I discuss finances often, something we did before marriage because I was paying off consolidated debt and had a car payment (never again, ha ha!). He manages our money and I am a good steward of what we have because he is the breadwinner. I suppose discussing finances depends on what you want to know. E.g., if my husband says "Stop spending money," I know there is a car repair or big purchase coming up. When our bathroom curtains get raggedy, I talk to him about getting new ones. I keep the conversation innocuous because men do not really want to talk about the money unless they need/have to. Our money conversations are organic and might start by my commenting about the price of something that has gone up or down. Maybe start with the least expensive house something that is falling apart. Be encouraging and not confrontational, as these things might highlight a man's discontent with budget or salary. I hope that helps...?

THANK YOU!!!!

takes 3 years

Don't you need 40 credits to qualify for disability? Not every woman works 10 years.

@@robloxvids2233 You can still get SSI if you didn't work long enough. It's not much. It just takes years to get it.

@@liveinms9949. Not necessarily. It took my brother 6 months.

They could end up living in the car. With a vehicle, you have some sort of shelter.

It was confusing, but he only has 3 kids. He meant 5 people total, it was clarified later in the video.

3 kids, triplets... 5 ppl in the house

I agree he needs a car. Triplets, disabled wife and him working he definitely needs a car.

it is never too early or late to start retirement planning, there are advisors out there that can help you build a personalized plan

Money advice is subjective, what works for you may not work for me, but it's always better to plan. I'm quite lucky exposed to personal finance at early age, started job 19, bought first home 28, got laid-off work 36 amid covid-outbreak, and at once I consulted an advisor to handle growing my finance. As of today, I'm only 25% short of my $1m goal after 100s of thousands invested subsequently.

bravo! I am 36, inherited money from a childless relative and traveled overseas, got married to a lady almost my age, but the only issue is how to preserve and grow my wealth in this shaky economy, can your advisor please be of help?

Can't share much, I take guidance from 'THERESA LEIGH DETRICK' a renowned figure in her industry with over 16 years of work experience, I'd suggest you research her further on the web.

I feel excited to have come across this, curiously inputted Theresa Leigh Detrick on the internet, spotted her consulting page ranked top and was able to schedule a free session. Ive seen commentaries about advisors but not one looks this phenomenal

“STOP BEING STOOOOPIDDDD!”

It is not that they can't do the budget. It is that they just don't do a budget. Because of that, they have no clue as to where the money is going. Sure they may not the big things, but not where the pure waste is going.

@@gibblespascack1418 it’s a classic case of who dunnit

My parents told me about that. In the 60's that happened to them, then they decided to get two checking accounts. My wife and I also have two checking accounts as a precaution.@@BlakeWheelersBurnerAccount

I’m also in a family of five and we managed to come in at or bellow $600 a month for groceries a month. It can be done.

Family of 7 at $1,400 right now. That's eating healthy and organic for 6 out of 7. Special diet for epilepsy and allergen free for one. Breastfeeding mom food. Etc.

We've managed $250 a week with eating one vegan meal a day.

Ours is $700-$800 a month right now. Family of three, the third is a teenager. Cut back on eating out, and on sodas (only for special occasions and for my husband, he is the breadwinner and takes sodas to work). I price compare between Walmart, Costco, and the local supermarket--we can walk to the supermarket, which saves time and gas. Sometimes bulk is cheaper, sometimes not. Bread is what gets me: If I bake it, they eat it the same day. The teenager is a milk fiend. I always look for sale items and WIC pricing.

​@@ashleyyoung5947You are a rock star. 😊

That’s his NET income. Dave literally said “what’s your take home pay?” and he responded with “my take home is about $3600”.

LOL

😂😂

3 kids (4 yr old triplets). A total of 5 people in the family.

@@hollyb6885 My bad, you’re correct, five in the house with 3600 to go around.

And that’s $3600 take home

...they should with a wife and 5 kids...

@@user-mf4gz3sp1q It’s actually three kids and triplets at that, which I doubt they were expecting to have to plan for. 3600 is nothing to be guilty about. It’s just a bad situation.

Except about getting rid of car. But he’s spot on about fill your fridge first and Mastercard can wait.

Ive mine paid too and car and no debt, but spending too much lol

What was the purpose of mentioning that? To get praise? Get over yourself.

You'll get there, too. Keep grinding!@@LittleMopeHead

Credit goes to Dave not me, without his advice I couldn't have done it.@@knightfox4121

Guess that means you're doing great in life or something?

She can work it's a choice. Many people with physical disabilities work. Customer service reps ECT.

Nope she can work. Don’t ask tax payers to foot their bills.

A lot of folks work who are disabled. I'm guessing she would rather just be a stay at home mom.

​@@bantizzle79I have known several people who died due to degenerative disease. One died within a year of diagnosis. Our community provided meals, in home care, child care, housework, home repairs, etc., to take care of this family. The children will better appreciate the fleeting time with Mom more than extras. He can pay off debt when wife is gone and kids are in school full time. He will also get SS for the children after his wife's passing. Time with mom ought to be paramount.

​@@bantizzle79And eat all the food.

You need to include medical bills for him, her, and the triplets. Clothing. TV. Garbage collection. It's never so simple as just those categories.

I'm sure he also has a cellphone bill. And in my state the average electricity bill is more than $200 on its own. Cars also require maintenance. There are household expenses like toilet paper and cleaning supplies. From what I understand, kids grow fast and need clothes and shoes often. There's property taxes as well.

I would think medicaid should be within their income for 5 people. I hope the triplets get all the care they need. Sometimes you just don't know what is out there.

So what are you saying? He shouldn't have married her? Don't shame people for being disabled. It could happen to you in a heartbeat.

He's saying, they knew what's coming, so where's the preparation? Not that he shouldn't have married her.

If you watch the bottom left corner it says Toledo Ohio 👍

Many areas of the country like this.

Depends on the area. We have a mortgage of $277 on the first home we purchased

@@momteacherlessons7296 no disrespect but a mortgage that low, can only mean your house was very small

@@reese85 sure was 1,100 sq feet in the hood. 2 bedroom 1.5 bedroom with a bonus room and about 0.4 acres of land. Total was $33,600. First time home. Now mortgage is $1,000 for a 3 bedroom, 2 bathroom in an AMAZING area.

Sounds like the poor guy is doing it all. Doesn't make sense. She is probably the boss.

Or maybe a food bank would help too.

Maybe consider adding a line item in your budget for 'birth control'

Sell the chickens and the cow (no, not your wife).

Man you guys have very cheap mortgages

@@wewhoareabouttodiesaluteyo9303 Not an option. We're doing just fine. I wasn't asking for advice. But thanks.

@@reese85 Our home was $125k. We have 3% interest.

Same here! Got the minimum payment statement and it was 99 years and that was enough of a kick in the butt for me

Thats good you are doing better, too bad you cannot talk to this guy and help him through it!

OnlyFans

The kids are little, though at four my son was pouring his own cereal and making toast--all supervised, of course. Whether or not the wife can scratch cook may depend on the extent of her disability. I have old cookbooks from the 1950s with a lot of recipes that use ingredients that are sometimes less pricey than Crisco or margarine. Bread is time consuming and a skill worth perfecting, five pounds of flour can make up to four loaves of bread: Healthy additives like whole wheat flour and grains go a long way because they are used in small amounts. A five pound bag of average bread flour costs between $4.00 and $6.00. A loaf of average grain or wheat bread starts st $3.00. Cookies make good snacks, the kids can help the process and the result is far cheaper and better than a pack of Oreos.

Low? Sounds high to me.

@@jimmymcgill6778 our family of 6 is at like $1000 and we are very frugal and buy the bare minimum.

It's actually high. Especially if they cut way way down on meat, those kids are 4 year olds, they don't eat that much yet.

@@christinebutler7630 meat is the most important part of their diet. Scary how people throw around trash advice. I'd challenge you to feed a family on a budget. It's not easy. We don't buy snacks or junk food. Ever. We buy bulk meat. Or raise our own. And it's still expensive.

This is our exact monthly budget for a family of 5, kids are 5, 7, 10, and has been for the past year or two. It's very doable. We cook meals and eat leftovers. The caller is probably eating out a lot.