“Math Is NOT Your Problem!” (What Are You Doing?)

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[mattwk]

He probably complains when the price of eggs goes up a dime. This guy is the picture of the American consumer.

[annatar]

“Both the car loans and the credit card are at 22%”

Dave just hangs up 😂😂😂

[froggore]

0:41 "interest rate doesn't matter"
2:42 "22%

[charlesyoung]

22% interest is dangerously close to getting a loan with the mafia.

[elyssalyes]

„Better ride a bicycle… or a donkey!😂😂😂“

[paulstandaert]

I think the first payments should be towards these "individual people."

[Blittsplitt]

The dude tried to call in to argue he was smarter than the previous callers... meanwhile he has THREE LOANS at 22%, and owes money to individuals and banks and lenders.
You can't make up this kind of stupidity. Dude, you have debt that you could pay off in one year to 2 years max. Stop complaining about the method to pay it off, as opposed to just paying it the hell off!!!

[SahlMeyers]

I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9, 000 in an IRA and $40, 000 in my portfolio with CFA, Mary Callahan Erdoes. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, she was able to scale this quickly to $150, 000. Caller should explore this path

[jjman]

I bet he cries about $4-$5 gas per gallon while paying 22% interest on two cars.

[FrankS]

A 4% interest rate versus a 22% one most DEFINITELY MATTERS!!!

[Themoomabides]

The guy called to questioned Dave’s snowball method with a 22% interest rate on 2 cars a credit card. This guy probably writes financial advice articles on Reddit.

[justiceonthebeat]

@2:38 that "What are you doing!?" Haha I felt that myself... Made me feel like I was in trouble too 😂😂

[GAFB]

22% interest rate just to buy a car and the caller is arguing the math, CRAZY!! Dave said it best at 2min01sec in the video, "if you were doing all this math, you wouldn't be here". Tell em Dave.

Seriously if you are that good at math you would know better than to finance a car with a 22% interest rate. It's BEHAVIOR people, it's all BEHAVIOR!!

[dannymartial]

"Sell your cars and get you a hooptie" LMAO

[scottrowsey]

2:38 Love Dave’s facial expression from expression to the word hoopty.

[TallyDrake]

Here's the thing. I would follow the avalanche method...but I have no debt. Before I found Dave's channels, my ex, who has lots of little debts, asked my advice, and I suggested paying off the debt with the biggest interest rate first (the avalanche method) because that's how my brain works. After listening to Dave, though, I changed my advice to my ex, because 1) we handle money so differently and 2) he needed a win to encourage him to keep paying off those debts.

[desimo]

It always amazes me that a lot of people can sound reasonably intelligent (like this caller) and then go and do incredibly dumb things. Never understood that.

[amessina]

I guess all of a sudden the interest rate does matter.😮

[felixfruhauf]

"Hey Dave, let me explain why I am different." - "Yeah, you're really not..."

[Mr.Countonme]

My girlfriend just bought a car and got 21% interest rate, her credit is bad. and told her not to do it. Hopefully she don't wind up in the same boat as this dude