Dave Ramsey: Broke people shouldn't go on vacations
Options
Young_Chitlin
Members Posts: 23,852 ✭✭✭✭✭
https://youtu.be/ed6df7fSy5sComments
-
I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion. -
I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
I respect your opinion. In my opinion having payments is not living. -
I will share a quick anecdote.. - I credit Dave for helping me get my finances in order. My turning point was when I was short $140 on my bills. That was the only payment I was ever late on in the past 4 years my student loan payment. That got me gas and food for the next 12 days until the next paycheck.
Hermano there's nothing wrong with enjoying your success, I just believe that it is not wise to do so putting it on a credit card or having your success on payments. -
Young_Chitlin wrote: »I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
I respect your opinion. In my opinion having payments is not living.
Unless you're paying for everything in cash which I doubt you're probably financing larger items such as a house and vehicles unless you lease which still is a reoccurring debt which still has terms.
Even wealthy people like Trump for example go get loans. No one is paying for everything in cash no you not me no one. -
Young_Chitlin wrote: »I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
I respect your opinion. In my opinion having payments is not living.
Unless you're paying for everything in cash which I doubt you're probably financing larger items such as a house and vehicles unless you lease which still is a reoccurring debt which still has terms.
Even wealthy people like Trump for example go get loans. No one is paying for everything in cash no you not me no one.
I have 15.5k left in my debt snowball. My last debt in the snowball is my car which yes I did Finance it because I literally had zero cash, neither did my family to be able to help me out. Crazy thing is I didn't take out a loan to get my Jeep I put zero money down. Only the Lord knows why I was able to get my Jeep zero money down.
I realize that I may have to take out a loan to make a downpayment on a house but I'd like to think that I'm disciplined enough financially at that point where the loan won't be so overbearing. I understand your point you have to get a loan and there may be enough justification for doing so, I was just trying to make a Counterpoint to your gratification opinion. -
I listen to Dave Ramsey show all the time. I passed on one vacation trip for this year, because I feel we need to put that money towards the debt.
-
Right, that Julius Rock-ass ? . Everybody needs a break from the day-to-day grind every now and then. Put some bread to the side here and then and enjoy yourself, or else you'll go crazy.I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion. -
The only thing you should be making payments on is a house
-
I think Dave is on point with most of what he says..........but nah...not this son...
And I completely get where he's coming from with it too... But if a person can at all set some money aside little by little to eventually get out and experience some life before they're barely clinging to it...then go for it. Don't dig yourself into MORE debt by tryin to do the ? ...but even the most strict budget plans you run across have a section for entertainment expenses. If you gotta take that portion and not see a movie or go on a dinner date for 2 years then that's what you gotta do. But E'ERBODY need to get out of the neighborhood...city...state...and see something different.......and not just that dusty ass place in the country where our eldest kinfolk be. -
it's about balance....
i think more people are ready to party than pay off debt.
that's the problem. -
Hard pill to swallow but hes right.
Last thing you should be doing when you are hurting is putting yourself further in debt. -
i mean define "vacation". obviously we're talkin 'broke spending stacks on hotel suites and bottles' then yeah. if you're saying 'work 7 days a week and never relax' however, eat a ? and dieDave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
IMHO...............
Rich people kinda need to shut the ? up and be thankful that these poor masses have HDTVs, smartphones, and game consoles to distract them from how badly the 1% are ? the entire planet. -
Didnt watch the video cause I dont need dude yelling at me.
But hes right. I mean im all for balance. Im not the guy that says you should save everything. I think people should spend on fun, but, going on vacation while youre in debt is just not right. -
Didnt watch the video cause I dont need dude yelling at me.
But hes right. I mean im all for balance. Im not the guy that says you should save everything. I think people should spend on fun, but, going on vacation while youre in debt is just not right.
He yells at you in the think America rant, not really this one -
Nah bruh, I can't get with this.. That's why fools be shooting up they job and ? , sometimes you got to take days off and go chill out to recharge
-
Rich or poor, some ppl including myself, need to get away sometimes. My sanity is worth more to me than money.
-
Dave Ramsey: Broke people shouldn't go on vacations
I assumed that was common knowledge. -
I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
THIS2stepz_ahead wrote: »it's about balance....
i think more people are ready to party than pay off debt.
that's the problem.
AND THIS
-
One of his biggest slogans is live like no one else so later you can leave and give like no one else. The way I interpret it is you got to really make sacrifices in your life to get to where you want to go.. as I said in one of the threads in strictly business, having a debt-free plan and really sticking to it especially one as Extreme as mine, not a lot of people can do it. As long as you have a plan with your finances and stick to it you're going to do great. If you have debts and you had doubts about a plan, I can understand because I was the same way compas.
That's why a lot of the people that work with Dave Ramsey really endorse the envelope system because if you have $100 extra that you're undecided about putting it all in your debt put the amount you feel comfortable at the debt and then put the the rest in your envelope for whatever you want to do. As I just said my debt free plan is Extreme and I don't want envelopes because I want every red Cent that I earn that I don't need for bills and other things to go to my debts. Dave says it's whatever you want to do and I feel that, for me I just want to get out of debt and live like no one else -
another Dave "supporter"...but Dave's logic is SUPER extreme...i agree with what Crude has said almost verbatim
you need to take a break from it all but do what you can do. Nobody is advocating you staying at the four seasons for a week, but like if you live down south, you within in driving distance from so many states. You can do a nice lil extended weekend centered around some discounted activities or something. Or maybe there is a free event open to the public or something
but there are ways to be creative when taking a vacation that wont leave you broke or delay your payments toward paying down your debt. -
U only live once. Enjoy life no matter how rich or poor u are. Be financially responsible but also Di things u want or enjoy from time to time cuz u can die tomorrow and someone else will be spending ur money. Dude went to the extreme with it
-
Every $2000-$3000 in debt that I erase I usually take a small trip somewhere. Catching a cheap flight on Southwest and getting away for 3 days is a huge motivator and a good way to recharge for me. I'm not breaking the bank or accumulating new debt when I take these trips. I understand Dave's view but if you just absorb 50% of it then you're on the right path.
-
Depends on what you consider broke and a vacation. I'll never discourage anyone from getting away and relaxing or showing your kids that there is life outside of what they see everyday.
-
I've posted this before but Dave Ramsey spouts a bunch of noise about delayed gratification which is fine.
Problem is Dave preaches about living off the bare necessities as if tomorrow is promised, sometimes it's good to just enjoy life and not simply live to work and pay bills.
Dave will have you eating tuna fish sandwiches everyday, living in a tiny home or studio apartment paying the cheapest rent or mortgage, driving a 1987 Ford ? , using a prepaid flip phone, and some clothes from the good will.
That isn't living in my opinion.
If that's what your money allows, that's what it allows.
What Dave preaches is to be smart with your money and not to go broke trying to live up to some ? expectations.
- You can buy new clothes that look decent from places like Target, Walmart, Old Navy, etc.
- Buying an older car outright doesn't mean you're stuck with an '87 ? ; just take a look at CL for what you can cop for under $3000. We just got rid of this 2003 minivan we rolled for two years and paid $1000 for and went back into a car note for a 2012 SUV. I miss not having a car note to worry about.
- A phone is a phone. If the purpose is to get calls/texts while you're out and about, why not get a prepaid joint? I mean... we JUST switched back to Sprint after 4 years on Net10. Truth be told, I'm regretting the decision already 'cause I got used to paying only $35 a month when I had a smartphone, and $25 a month when I went back to a feature phone. If ? ain't adding up in a few more months, I'm probably going to reactivate my old assed Galaxy S4G on Net10 and roll with it
As for food, no one says you have to eat tuna, but you do need to be smart with your purchasing decisions. ? you spending $45 at whole foods or trader joe's on a meal for yourself when that same money could be better spent and have you eating for 3 or 4 days? -
I think, in watching clips of dude, he is reacting to all the people who call him asking for economic help and they do things like go on vacations that cost thousands, buy new cars, eat out all the time, just various behavior that has made him short about it over the years. Like duh people type of thing. Like this is one of those things. Somehow I've managed to go to many states and cities through the years without balling out on no big vacation. Somehow it was always a thing where there was a reason to go or somehow I could go with someone. "where would we stay?" If they say hotel which I cant afford, Im not going into debt to go. Havent really been int'l yet but been all over US. Still a lot of places I want to go though.
Its a timing thing sometimes its not a good idea to spend out on a vacation you really cant afford because you "need one" then call this dude like "Help!". Of course you can get away if its something your able to do taking things into consideration. If your broke though common sense says maybe overseas to ball aint in the cards right now but maybe somewhere closer for different reasons can be.
