“You Can’t Afford a $1,000,000 Home!”

“She literally has no idea where she is” 😂😂😂

This guys wants to move out of the city but be close to family and not leave his job but not live in a townhouse or condo but not pay 1 mil for his house but not have to home school. He is literally all over the place.

Champagne taste, beer money.

$83k in the bank but holding onto $10k in credit card debt and they want to buy a house. Buddy, I have a few books for you to pick up first.

Calls for advice but doesn't really want it. He will do things his way.

It’s like people calling in and saying, “Dave, I’m undecided about credit cards and I want your advice about which three I should apply for.”

I am closing on a house in 2 weeks. I have no credit score. It's "indeterminable", as the credit bureau puts it. No debt and putting 20% down to avoid pmi. Churchill and my credit union pre approved me, but I went with my credit union. I was surprised that it worked just like Ramsey said. Amen.

I don’t want the Disney castle… I want Snow White’s cottage, with a small courtyard to grow vegetables and flowers. That’s the dream!

I wonder if his wife is as scatter brained as he is? I mean he sounded like a good guy, but good grief this was ridiculous. "We have this debt and have the money to pay it off, but won't because we want to use it to put a down payment on a $750k to $4M home that we can't afford, but we might not want to stay in Denver because it's going down hill, but we got our family here and our daughter is 1"

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

Food for thought about home loans: The fully amortized cost of the $500,000 loan at 6% interest over 30 years is approximately $1,079,662.62. That means you are paying The Bank $579,000 for the use of $500,000 You buy a home for yourself and 1.18 homes for The Bankers. This is called "good debt" because it is so good for The Banks.

This is a huge problem many people are facing. The cost of living is insane and the quality of the area is going down.

3k a month is a pricey apartment maybe downsize in apartment for a while to add to the down payment

"Uhh the houses are 700k to 4 million. But also we might move to another state. But also I might change careers." What was the question here lol

4:37 I don’t care what you want Ronnie this is about reality.

I and my wife own single home family rentals. we have 200,000 U.S left on mortgages. We are now the possibility of maintaining 70,000 U.S annual income by selling and investing in stocks and bonds. How does this work out?

Paying off credit cards will not negatively impact your credit. Paying off loans can. Just went through this.

Special THANKS TO THE RAMSEY TEAM.$ 30,000 in debt. Used the debt snowball and 4 years I am Debt Free. I'm a widower and living off of Social Security. If I can do it anybody can. Just quit being STUPID.

Bless his little heart

Yes, they didn't ask about household income (in their defense, this guy was all over the map and probably off the map, too). But once they pay their debt off and leave 3-6 months expenses in an emergency fund, that leaves them with around 40k. A 20% downpayment with $40k would get them about a $200k house. If Ronnie would have stopped and listened, I'm sure they would have told him to either 1) Continue to rent and save and build that savings back up or 2) Buy a starter home and then keep saving with the goal to upgrade to a larger and more expensive home in 3-7 years.