>Do not buy a vehicle unless you have at least one million dollars in the bank.

>>213090043 (OP)
What about hookers?

John Delony has mogged this dude in popularity on his own network.

>dude just finance 50,000 fucking dollars on a car that's totally normal and worth being in debt for

>>213090043 (OP)
Is he stupid or simply wilfully ignorant of how much harder it is today?

https://vocaroo.com/1nfCYAlLUM3Y

What do you we think of his advice here?

>>213090043 (OP)
Do people not realize you can buy an older used car for $2000 that will last them 7 years?

>parents didn't go to college
>Tell me if I didn't want to be poor like them I had to go to college
>go to college (poor)
>$40k per year
>get the big job
>Pay $800-$1200 a month for 10 years
>owe about $8k less than I did when I started
>Dave Ramsey tells me I'm retarded for taking out student loans "if I didn't want to pay them back"
>maybe the federal government is retarded for lending $100k to a 17 year old with broke parents and no life experience

I'm about to get my license at 35 and I know it's stupid as fuck but Im thinkin im gunna get either a mustang or a dodge charger
The poon will be worth it right?

>>213090043 (OP)
My economics teacher in high school used to make us watch this guy's lectures. Even at the time, I thought he was a mix of solid advice and widely outdated takes. Seeing some of his new stuff pop up in my YouTube shorts feed has been crazy, dude is pretty solidly out of touch at this point

>>213090776
Depends on your income but fuck no the first thing the average person thinks when they see either of those is "insecure"
Just be a normal guy and buy a Honda Accord

It's pretty crazy how the entry level job market just died. Feels like the biggest "rome is falling" moment of our lifetime. Institutions have completely given up on the next generations and are in pure burn mode.

If you look at many of the industry titans of yesteryear, their career paths are just insane. Shit like "John Moneybags went to school for accounting. After seeing an ad on TV about computer chips, he applied at Nvidia and started as a hardware engineer- within 5 years, he was running all of the corporations West Coast manufacturing efforts"
Just nuts. It really makes me resent my deadbeat parents.

>>213090043 (OP)
>What about a Honda HRV, Dave? Its only $20K

>>213090776
If you managed this long why even bother. Car ownership is the biggest scam there is with insurance, gas, maintenance costs etc. Plus people drive like absolute idiots (at least in the US)

>>213091472
Basedllennial here, I work in a very specialized section of entertainment with a lot of famous (or at least in their field) boomers. Or I guess Gen Xers at this point. A lot of them are not very talented, they just were in the right place at the right time, and now they're refusing to pass the mantle. The contempt they have for anyone under 40 shocks me sometimes. They think they worked super hard for their jobs and that all the young people are riding on their coattails when it's demonstrably the opposite. Everything our industry gets applauded for is directly due to youth bringing in new shit and everything that gets panned is a bunch of boomers jacking each other off in a secret club. I don't know if they're like this outside of entertainment but it's kind of sad. There are barely any people under 30 even working right now.

>>213090043 (OP)
>hey Dave its Richard from Virginia, me and my wife have been getting into a little trouble, we've got so much debt we're livin paycheck to paycheck, we've even had to dip into our $3.5M in savings
>'okay, so what debt are you in'
>well between the three houses, the boat, my two trucks and my dream car, my wife's car, the lease for the car we drive around in, and the new pool construction, we're just drowning
>'okay, why don't you take some money out of your savings, use it to pay off some of the debts you owe, and then you'll be able to keep more of your income'
*two weeks later*
>hey David Richard again! Boy let me tell you the advice you gave me was incredible, I paid off the cars and passed on the mortgage to my son, and now with all the extra money we're savin' per month I was able to buy a Tesla, like I always wanted!
>'Well good for you, Richard! Just goes to show what a little financial know-how can do. You work too hard to be broke! Anyways I'm sending you a free copy of my book
lmfao

>>213090043 (OP)
>don't use a credit card even if you pay it off every month because all debt (except a mortgage) is evil and also it hurts your brain to think
Lol

>>213091992
They believed the myth that their parents didn't give them anything! (they gave them a lot but through a struggled lens of tough love! many took the real gifts for granted, saw only cruelty, and took cruelty for love! some even use the amount their parents worked to support their children, as an attack on their own children and not a recommendation to sacrifice for those children themselves!!! Skipping a generation of ethics they benefitted from!!!)

>>213090776
>>213091109
Dodge chargers are for Mexicans, mustangs are for white people

>>213090776
Yeah if you're trying to pull a 17 year old single mom of two.
If you're 35 need a house, not a car.

>>213090043 (OP)
This guy owns millions in real estate. that's why he seethes that people aren't moving out at 18 anymore and just staying with parents into adulthood

>>213090043 (OP)
>>>/biz/

Marky thompson gorilla nest

>>213090771
Ban usury. Simple. Go steal property from bank employees.

>>213090776
Only little Boyd and old men like cars. Women just want money.

>>213093188
>Ban usury
Cool it with the antisemitism.

>>213090043 (OP)
HYPEBEAST WE KNOW BOUT CHU
DON'T BUY SHOES UNLESS THEY'RE POPULAR
BUT THE HOES
MY NIGGA

>>213090776
There’s no poon

>>213091588
You don't have a choice if you're cursed to live in the suburbs.

>be Boomer
>have rich parents
>given business by rich parents
>don't know what I'm doing so it fails
>spend my time telling plebs how to spend their money even though I have no idea
Dave in a nutshell. The moral of the story is to have rich parents.

>>213090757
not anymore it's at least 5 grand for a car with 150,000 miles

>>213090771
>$40k per year

this is where you fucked up

>>213090771
Glory to US.
Also, cringe that you'd know this guy's name.

>>213090107
I get bad vibes from this dude. He gets weird with female callers and any calls involving pdfiles.

>>213090373
willfully ignorant. boomers legitimately do not want to hear that someone else had it harder than them. it's extremely consistent with every boomer I've met. they'll grumble and try to argue, but as soon as you bring up inflation they shut down and deflect. it's disgusting.

>>213090757
hi dad

>>213090776
in this economy, you're gonna get fucked on the gas alone. gas prices will only ever go up in perpetuity.

>>213090373
You are willfully ignorant of how much easier everything is today. You believe that surely any "boomer" who came before you and has money did nothing, languished around and they all tripped and fell onto a trust fund, because you're a Marxist retard conditioned since birth to lie and manipulate and feel sorry for yourself. You're the same shit you criticize in the boomers but ten times worse and more widespread, and I wish you would kill yourselves because I'm tired of reading the same faggot lies over and over

>>213093188
>I deserve to be lent money for FREE
don't blame da JOOZ for your shitty life choices

The VAST MAJORITY of Americans should be following his advice to a T. Most people are financially retarded and have NO CLUE what to do and just spend money and go into debt for no reason and then go broke and have some sort of crazy drama because of money. This isn't the boomer economy where everyone is just going to be rich for no reason. If you're clueless about money, you should be RAMSEYPILLED 100%. If you make less than like 100k a year you should be living like a turn of the century immigrant who lives above his shop, spending 0 dollars. Most "people" on 4chan are either a) severely mentally retarded NEETs who don't need to worry about money because they get tugboat from mom and dad or b) single autists with no family who think they're financial geniuses for managing to stay afloat as a single male who spends no money because he has no life, no kids, and no real hobbies other than JACKING OFF.

>>213095215
Clark Howard is better tbqh

>>213090757
Lmfao how did you miss the used car market exploding in price to buy?

>>213090771
>>Pay $800-$1200 a month for 10 years

Bruh at that point just stop paying and fuck up your credit. Fuck them.

>>213095245
Won't the govt just garnish his wages?

>>213090771
>go to college
develop mental issues and arthritis
>don’t go to college
develop mental issues and back pain

just win the lottery bro

>>213095119
Nothing is easier today

>hey there dave me and the wife are under a lot of financial stress and debt
okay well what's your situation
>well we bought our third house around the same time i got my dream car, and the monthly payments between those two and the previous mortgage are really limiting what we actually take home in a month, we’re even getting close to having to dip into our couple million in savings to pay some of this stuff. i need your help
okay well why don't you take the extra money you don't spend and pay off the principal, that way you don't have to pay monthly and the money you don't spend per month becomes savings again
>okay thanks dave we'll give it a try
*TWO MONTHS LATER*
>hey dave just calling back to say you're a miracle worker, we paid off the mortgages using just a small part of the $3.5M we literally already had in the bank, and since we no longer have to pay monthly anymore, i've been saving so much i was able to buy a new tesla
well congratulations john from michigan, just goes to show what a little financial wisdom and saving can do. hope you and the wife have a lovely 50th anniversary john
>thanks dave we're touring europe for a month

>>213095287
they can only take 15% max. if he is willingly giving half his paycheck, the garnishment is actually a better deal.

Reminder that Ramsey was gifted tons from his father, squandered it, became a drug addict, and has to declare bankruptcy. He makes his money convincing retards he knows what he’s talking about.

>>213095480
>Reminder that Ramsey was gifted tons from his father, squandered it, became a drug addict, and has to declare bankruptcy. He makes his money convincing retards he knows what he’s talking about.
well yeah his bankruptcy and his badness with money is the entire point of his book. he learned from that and blah blah blah saved money the right way and swore off debt forever because of the past mistakes with money.

>>213090043 (OP)
This but unironically. If you want to buy a $50K new car, you should make like $200K a year. You can't take the hit in depreciation otherwise. New cars are overrated and dumb anyways.

>>213090638
lmao

>Hi Dave, first time caller long time listener. I did what you said about marrying the house, but I misheard about the rate. Well anyway, the rate is pregnant now and I've only got about 30k in home equity and I'm paying 80% of my income on a 9.5% adjustable mortgage and I make 20 dollars at the jack shack

>>213090043 (OP)
I hate his boomer guts but I respect the grift. His advice is at least not out right hurting the retards that he grifts.

>>213090771
>$40k per year

La dee da Mr Harvardyaleboy

how fucked are you if you have a pointless meme degree but no student debt?

don't a lot of women with art history degrees just go on to work in HR? can I do something like that?

>>213096165
Most guys in your position should just learn Spanish and start a landscaping business

>>213090373

i think he's just appealing to a lot of boomers by telling them what they want to hear; young people are lazy and stupid and the cost of living and goods in the US is the same as it was 50 years ago. people that watch guys like this don't watch to learn, they watch to hear things they agree with and want to hear.

>>213090071
Hookers should never buy a vehicle
People will pay them to drive places to shmeg them

>>213090329
what's the solution? you can't go without a car unless you live in New York City.

>>213096165

are you a woman?

>>213096165
What's your degree?

>>213090757
are you posting this from a time machine from 1997 or something?

also that $2000 used car isn't gonna last 7 years without spending another grand every year on repairs, gotta replace the transmission, gotta replace the radiator, gotta replace the AC, gotta replace the brake lines...

>>213090757

this may have been true, MAY, for a very small number of cars all the way up to early 2020 before everything went fucking nuts.

>>213095786
Avoiding debt is a strategy for simpletons.

>>213096637
>simpletons
yes you retard, thats who he is selling it to. while high cost of living and all that is absolutely true, youd still be surprised at how many people blow hundreds of dollars on uber eats and doordash.

>>213090757
People are going to cry about this but their ego is the only reason they're underwater in an autoloan they didn't need in the first place. There are thousands and thousands of registrable reliable for daily use single cab trucks and minivans from model year 1990 to 2005 that you can pick up for $1000 cash rotting in peoples' yards all through the PNW and other regions of the country. If you really need a car and need it to be cheap there is a glut of choices. The problem is people think they're too good to drive an old crv with smashed quarterpanels or the gay mazda mpv (the one that doesn't have 4wd that everyone wants for overlanding) or a rusty f150 with torn up seats. People will cry until the cows come home that there aren't any cheap options for people in dire straits, then when someone offers them a 97 town and country that runs just fine for now for $500 they turn their nose up and suddenly don't need that car so desperately anymore.

I just bought a pair of running saturn sl1s for $750 and they both came with a bunch of extra parts the previous owner bought years ago and has been sitting on in case it came up. They're in perfectly servicable shape for 10 year old cars let alone the 29 years old they are in reality. People are fucking babies about appearances and will sell themselves into crippling debt for a couple weeks of tummy tingles knowing people are seeing them in a shiny new crossover. They need to grow up.

>>213097251
I bought a raptor 3 years ago and almost lost all my savings trying to keep that truck. I was paying $1200 per month for it and I only make $85000 per year

>>213097379
I fucking love raptors. Probably the most comfortable most capable generalist trucks on the market. That being said you need to be making a fuck load of money to justify owning one let alone a new one. Hope it was fun while it lasted at least.

>>213097379
Are you serious? What's your take home vs monthly expenses sans truck? 1200 a month isn't ideal but unless you're just hemorrhaging gas you should be able to get by shopping at aldi

>>213091992
I work in consulting and it’s true in every industry I’ve touched. Boomers running wildly out of date corporations, jobs handed to them by their parents, don’t know how to use new software systems at all, don’t want to know. We work a lot of recruiting and they keep failing to hire anyone because they pay like shit, don’t train anyone, and literally call jobs at their own firms “dead end jobs.” They don’t give a flying fuck about anything except getting theirs and retiring as late as possible because they don’t have anything after they retire to look forward to. Kids ran off to different parts of the country so no grandkids nearby or any family to speak of. Too old to travel for more than a couple months a year. If they retire they’ll die in 2-5 years and they know that. They don’t have friends either especially if you ever make it to c-suite positions, because of all the time you had to spend running the organization you give up everything else in your life, multiple failed marriages, all for boats and golf clubs they don’t use.

>/biz/ hates him because he's right

>>213097251
>single cab truck
>$1000
Dead serious WHERE

>>213095215
>single autists with no family who think they're financial geniuses for managing to stay afloat as a single male who spends no money because he has no life, no kids, and no real hobbies other than JACKING OFF.
what hobbies should i have?

>>213097680
I can only speak with certainty in my region but if you get about 10 miles as the crow flies outside of the major cities you've heard of in the PNW they're all over the place. Sitting in side yards, under trees, covered in pollen and moss etc. Most aren't even particularly rusty at 30+ years old because of our climate. My friend bought a 92 f150 a couple years ago for $1000 that he uses for dump runs and hauling scooters and atvs with. It's not nice but the only work he's had to do on it in that time is nigrig a fix for a running board that snapped a bolt off. Other than that he feeds it gas and sometimes oil and just drives the thing.

>>213097872
I live in wisconsin, any yard art is rusted back into the earth sadly

>>213096165
The HR dept at my company is half young women, recent college graduates with actual HR-Management degrees (LOL that such a thing exists), the other half are dumb boomers who couldn't get a job in any other field so they were hired on as "HR business partners". It seems to me that If you aren't boomer you pretty much need a bachelors in the given field to get in the door at a decent company.

>>213097251
You're numbers are a bit exaggerated but I agree with the sentiment. 8 years ago I bought a Saturn Vue off facebook marketplace for $3000. I've driven it since and it has just under 200K miles on it. Helps that I'm an autistic hermit with a 12 mile commute to my office.

>>213092312
There are millionaires that are massively in debt, anon. And it’s not a simple fix. Retards can be broke at any income bracket. And someone with that much debt wouldn’t have $3.5 million in the bank.

>>213090771
>$40k per year
Community college was damn near free
Finished BA online for $6k
Now have accounting job sitting in cushy AC deskjob
skill issue m8

>>213095215
Ramsey discourages credit cards but his response to people who actually pay them off and just get rewards and cash back is that they're the exception not the rule. He can't deny that credit cards great if you sue them right, it's just that most people don't and that why he says what he says. He's incredibly dogmatic, but yes that's exactly what some people need.