*The Dave Ramsey 'Baby Steps' Thread*

[Tygerlilly]

I am really behind on the podcasts, but I was listening to ~October 7th today. The debt-free scream in hour two was a California couple who paid off $412k in 28 months. I forget what he did, but she was a nurse. They are a family of eight plus a Great Dane.

They spent $1200/month for groceries.

If they can do that in CA with that group while maintaining some sense of nutritional balance (assumption from her career), then how is $700 for two people cutting back?

We just spent a week in Houston, TX and I can't believe how much cheaper food was there vs where we are in Oklahoma. I seriously wanted to load our cooler up on the way home and bring back stuff. Lol. HEB may be my new favorite store.

 

[Turn the Page]

This just seems rude. Apparently a host from the Ramsey Show went to the Magic Kingdom to ask people how much debt they have and chastise them for it.

Source: Yahoo Finance https://share.google/pG9xgmyHGey0qL0xh

 

[ThereYouSeeHer]

This just seems rude. Apparently a host from the Ramsey Show went to the Magic Kingdom to ask people how much debt they have and chastise them for it.

Source: Yahoo Finance https://share.google/pG9xgmyHGey0qL0xh

Yeah, this is a running segment he does where he goes around the country asking about people's debts. It's always unfortunate how clueless people are about their debt load and how long it will take them to be free. As he said to one couple, "Add it up in your head, I think we're doing this for the first time!"

It's also amazing how many people in these segments will say they are debt-free and then acknowledge they have debt. People often compartmentalize debt as meaning only one thing, and not something else. Like admitting credit cards, but mentally excusing their own student loans. Or, they will acknowledge student loans, but not mention the mortgage.

It was refreshing to see at least one bright light in the middle of the segment. One family saved years to pay for their first Disney vacation in full and are paying extra on the mortgage.

And he ended with, "Well, if there's one thing I learned today, it's that American people are resilient. In spite of their crippling debt, they're still going to make it even worse by spending a couple thousand bucks to come to Disney." Oof. Sadly true.