Dave Ramsey goes in on everybody with a payment

  • Thread starter Thread starter New Editor
  • Start date Start date
SmashinYourWaifu;9455594 said:
Buying a brand new car or even slightly used is not an investment. If you wanted to save money you would have gotten a 90s civic or Corolla. Niggas really paying over 5k for a econobox?

It can absolutely be a sound a investment. Most of us need private transportation to make it to our jobs. So, if I invest 30,000 in a sound auto that gets me to and from work for 10+ years that vehicle would have more then paid for itself. I'm cool with investing 30,000 over 5 years to make 320,000.

I know folks who drive beaters ( I did early on as well) who end up losing money because their vehicle is constantly in the shop or acting up causing them to be late or miss work.
 
Crude_;9454657 said:
Will Munny;9454650 said:
Crude_;9454630 said:
One other thing to consider who do yall think bought his expensive luxury cars and sports memorabilia I see in the background, but he's telling you to live like a hermit and save money though.

It's a hustle.

Hes says some good stuff but yall should read between the lines as well.

Right, "ITS A CAR! YOU DON'T NEED A 25 THOUSAND DOLLAR CAR..... well... all my cars (PLURAL) cost more than 25 thousand dollars"

Im sure old Dave is paid handsomely by folks who come to his speaking engagements, buy his books/publications, etc. He's hustling people himself.

Who wants to be 70 years old before they can enjoy life realistically; its not a given everyone even lives that long.

I understand his platform of preaching that message of delayed gratification but its good to reward yourself in the process too.

Most of you niggas are selfish....it's not so much as you saving for yourself but the generation you leave behind. Wealth isn't necessarily built in one generation...be selfless and suffer for the seeds you leave behind. You need capital to build faster and easier...i'd rather be 70 years and have 5m in the bank for my sons and grandsons to build on that than do 9-5 and spend it all on fuck shit. The Indians do it, Chinese do it, Africans do it...Black America, not so much.
 
Rasta.;9456001 said:
Crude_;9454657 said:
Will Munny;9454650 said:
Crude_;9454630 said:
One other thing to consider who do yall think bought his expensive luxury cars and sports memorabilia I see in the background, but he's telling you to live like a hermit and save money though.

It's a hustle.

Hes says some good stuff but yall should read between the lines as well.

Right, "ITS A CAR! YOU DON'T NEED A 25 THOUSAND DOLLAR CAR..... well... all my cars (PLURAL) cost more than 25 thousand dollars"

Im sure old Dave is paid handsomely by folks who come to his speaking engagements, buy his books/publications, etc. He's hustling people himself.

Who wants to be 70 years old before they can enjoy life realistically; its not a given everyone even lives that long.

I understand his platform of preaching that message of delayed gratification but its good to reward yourself in the process too.

Most of you niggas are selfish....it's not so much as you saving for yourself but the generation you leave behind. Wealth isn't necessarily built in one generation...be selfless and suffer for the seeds you leave behind. You need capital to build faster and easier...i'd rather be 70 years and have 5m in the bank for my sons and grandsons to build on that than do 9-5 and spend it all on fuck shit. The Indians do it, Chinese do it, Africans do it...Black America, not so much.

This is what i was telling a member on this site before. He talking about he spend up all his money cause he can't take it with him and I'm like you can leave something for your children. It's true, the average black American doe not get it, which is why we stay poor. My father didn't leave me anything and he spent up the money my grandfather left him. This is why we struggle to even bury a dead relative.
 
Rasta.;9456001 said:
Crude_;9454657 said:
Will Munny;9454650 said:
Crude_;9454630 said:
One other thing to consider who do yall think bought his expensive luxury cars and sports memorabilia I see in the background, but he's telling you to live like a hermit and save money though.

It's a hustle.

Hes says some good stuff but yall should read between the lines as well.

Right, "ITS A CAR! YOU DON'T NEED A 25 THOUSAND DOLLAR CAR..... well... all my cars (PLURAL) cost more than 25 thousand dollars"

Im sure old Dave is paid handsomely by folks who come to his speaking engagements, buy his books/publications, etc. He's hustling people himself.

Who wants to be 70 years old before they can enjoy life realistically; its not a given everyone even lives that long.

I understand his platform of preaching that message of delayed gratification but its good to reward yourself in the process too.

Most of you niggas are selfish....it's not so much as you saving for yourself but the generation you leave behind. Wealth isn't necessarily built in one generation...be selfless and suffer for the seeds you leave behind. You need capital to build faster and easier...i'd rather be 70 years and have 5m in the bank for my sons and grandsons to build on that than do 9-5 and spend it ALL on fuck shit. The Indians do it, Chinese do it, Africans do it...Black America, not so much.

You are dealing in extremes.

The point is that there is room to do BOTH.

 
VulcanRaven;9456030 said:
Rasta.;9456001 said:
Crude_;9454657 said:
Will Munny;9454650 said:
Crude_;9454630 said:
One other thing to consider who do yall think bought his expensive luxury cars and sports memorabilia I see in the background, but he's telling you to live like a hermit and save money though.

It's a hustle.

Hes says some good stuff but yall should read between the lines as well.

Right, "ITS A CAR! YOU DON'T NEED A 25 THOUSAND DOLLAR CAR..... well... all my cars (PLURAL) cost more than 25 thousand dollars"

Im sure old Dave is paid handsomely by folks who come to his speaking engagements, buy his books/publications, etc. He's hustling people himself.

Who wants to be 70 years old before they can enjoy life realistically; its not a given everyone even lives that long.

I understand his platform of preaching that message of delayed gratification but its good to reward yourself in the process too.

Most of you niggas are selfish....it's not so much as you saving for yourself but the generation you leave behind. Wealth isn't necessarily built in one generation...be selfless and suffer for the seeds you leave behind. You need capital to build faster and easier...i'd rather be 70 years and have 5m in the bank for my sons and grandsons to build on that than do 9-5 and spend it all on fuck shit. The Indians do it, Chinese do it, Africans do it...Black America, not so much.

This is what i was telling a member on this site before. He talking about he spend up all his money cause he can't take it with him and I'm like you can leave something for your children. It's true, the average black American doe not get it, which is why we stay poor. My father didn't leave me anything and he spent up the money my grandfather left him. This is why we struggle to even bury a dead relative.

It's a fucking shame...if you're 30 or 40+ and your parents are still alive with life insurances, you need to take the payments over and handle it.
Peace_79;9456044 said:
Rasta.;9456001 said:
Crude_;9454657 said:
Will Munny;9454650 said:
Crude_;9454630 said:
One other thing to consider who do yall think bought his expensive luxury cars and sports memorabilia I see in the background, but he's telling you to live like a hermit and save money though.

It's a hustle.

Hes says some good stuff but yall should read between the lines as well.

Right, "ITS A CAR! YOU DON'T NEED A 25 THOUSAND DOLLAR CAR..... well... all my cars (PLURAL) cost more than 25 thousand dollars"

Im sure old Dave is paid handsomely by folks who come to his speaking engagements, buy his books/publications, etc. He's hustling people himself.

Who wants to be 70 years old before they can enjoy life realistically; its not a given everyone even lives that long.

I understand his platform of preaching that message of delayed gratification but its good to reward yourself in the process too.

Most of you niggas are selfish....it's not so much as you saving for yourself but the generation you leave behind. Wealth isn't necessarily built in one generation...be selfless and suffer for the seeds you leave behind. You need capital to build faster and easier...i'd rather be 70 years and have 5m in the bank for my sons and grandsons to build on that than do 9-5 and spend it ALL on fuck shit. The Indians do it, Chinese do it, Africans do it...Black America, not so much.

You are dealing in extremes.

The point is that there is room to do BOTH.

Obviously there is but we simply lack the discipline to save, invest and or see beyond immediate self gratification...."it's much easier to descend down a staircase than to climb one".
LPast;9456051 said:
In the general sense, How is debt good for you?

What is the benefit of owing someone?

It's beyond me bruh
 
LPast;9456051 said:
In the general sense, How is debt good for you?

What is the benefit of owing someone?

Since you would like remove the tremendous complexities of life and modern day economics; using the simplest of terms ...

I'll answer it this way -

In the general sense, How is negative yardage good for you in a football game?

What is the benefit of taking a sack on 1st Down?

Instead of throwing an interception ...

In the general sense, How does walking in the opposite direction help you get closer to your destination?

What is the benefit of walking a block north when you have to go south?

When your destination is 10 miles south and the bus stop is a block up the street.

You tell me

 
Last edited:
LPast;9456051 said:
In the general sense, How is debt good for you?

What is the benefit of owing someone?

The only good thing about debt is that you can pay it later. That's what it's really meant for. It's a hole you willingly put yourself into knowing you will and can climb out of it.

But as it was said already, interest is what is really hurting people out here. Folks be done paid the retail price for their shit three times over fucking with companies trying to get their cut.
 
Peace_79;9456030 said:
You are dealing in extremes.

The point is that there is room to do BOTH.


Rasta.;9456088 said:
Peace_79;9456030 said:
You are dealing in extremes.

The point is that there is room to do BOTH.

Obviously there is but WE simply lack the discipline to save, invest and or see beyond immediate self gratification...."it's much easier to descend down a staircase than to climb one"

You gonna have to speak for yourself, fam.

But what you just illustrated here ... Lack of discipline.

THAT is the problem.

Not the construct of the credit, itself.
 
Last edited:
Peace_79;9456125 said:
Peace_79;9456030 said:
You are dealing in extremes.

The point is that there is room to do BOTH.


Rasta.;9456088 said:
Peace_79;9456030 said:
You are dealing in extremes.

The point is that there is room to do BOTH.

Obviously there is but WE simply lack the discipline to save, invest and or see beyond immediate self gratification...."it's much easier to descend down a staircase than to climb one"

You gonna have to speak for yourself, fam.

But what you just illustrated here ... Lack of discipline.

THAT is the problem.

Not the construct of the credit, itself.

I'm speaking for the "sum of all black folks".....there's always exception to the rule fwiw
 
At the end of the day, the goal is to not have payments. If I finance a car, I should pay it off ASAP. Same for a house. Do y'all realize you pay more when you have payments?

Why do you want to pay more?
 
Lol. No one is arguing that you shouldn't pay off your debt.

And pay it off sooner rather than later.

That's common sense.

Ramsey is advocating that there is no reason, whatsoever, to get into any amount of debt - under any circumstance.

That's extreme and not feasible for most people.
 
Last edited:
Kwan Dai;9455692 said:
SmashinYourWaifu;9455594 said:
Buying a brand new car or even slightly used is not an investment. If you wanted to save money you would have gotten a 90s civic or Corolla. Niggas really paying over 5k for a econobox?

It can absolutely be a sound a investment. Most of us need private transportation to make it to our jobs. So, if I invest 30,000 in a sound auto that gets me to and from work for 10+ years that vehicle would have more then paid for itself. I'm cool with investing 30,000 over 5 years to make 320,000.

I know folks who drive beaters ( I did early on as well) who end up losing money because their vehicle is constantly in the shop or acting up causing them to be late or miss work.

Lol what modern day vehicle you buying that is going to be sound even up to 100k or not give expensive upkeep before then? What you going to do when you try to sell that car you spent $30k on that is now depreciated to 3k? Why do the people you know buy or inherit shitty cars and think buying new is the better option when they could have a car that is reliable, good aftermarket, and have shitloads of information. Also easier to work on
 
SmashinYourWaifu;9456589 said:
Kwan Dai;9455692 said:
SmashinYourWaifu;9455594 said:
Buying a brand new car or even slightly used is not an investment. If you wanted to save money you would have gotten a 90s civic or Corolla. Niggas really paying over 5k for a econobox?

It can absolutely be a sound a investment. Most of us need private transportation to make it to our jobs. So, if I invest 30,000 in a sound auto that gets me to and from work for 10+ years that vehicle would have more then paid for itself. I'm cool with investing 30,000 over 5 years to make 320,000.

I know folks who drive beaters ( I did early on as well) who end up losing money because their vehicle is constantly in the shop or acting up causing them to be late or miss work.

Lol what modern day vehicle you buying that is going to be sound even up to 100k or not give expensive upkeep before then? What you going to do when you try to sell that car you spent $30k on that is now depreciated to 3k? Why do the people you know buy or inherit shitty cars and think buying new is the better option when they could have a car that is reliable, good aftermarket, and have shitloads of information. Also easier to work on

plenty modern day vehicles have warranties that last up to 100K.......and any car whether new o old is going to require some maintenance

IMO it's better to spend on a car u at least had when it was new and drive it to 100K vs driving a bucket that cam from somewhere else

either way u driving a car with 100k on it, it's just whether u want it to be ur car or someone else's old car ( and u never really know how someone else treated their car before it was sold)

 
dis mafucka white its easy fo him to say dat shit, but the reality is who give a fuck if you can afford to pay a monthly payment on purchase without struggling to pay other expenses who give a shit. If you can pay shit in cash more power to ya.......he really aint saying nothing special

 

Members online

No members online now.

Trending content

Thread statistics

Created
-,
Last reply from
-,
Replies
108
Views
0
Back
Top
Menu
Your profile
Post thread…