$800 Car Payment And 3 Months Behind On Our Mortgage!

Ridonna and her husband have a $800 a month car payment and are three months behind on their mortgage. She calls Dave asking for help on what she should do.

Ramsey Solutions YouTube Channels (Subscribe Now!)

Did you miss the latest Ramsey Show episode? Don’t worry—we’ve got you covered! Get all the highlights you missed plus some of the best moments from the show. Watch debt-free screams, Dave Rants, guest interviews, and more!

Check out the show at 4pm EST Monday-Friday or anytime on demand. Dave Ramsey and his co-hosts talking about money, careers, relationships, and how they impact your life. Tune in to The Ramsey Show and experience one of the most popular talk radio shows in the country!

Ramsey Network (Subscribe Now!)

• The Ramsey Show (Highlights):

[nightfangs]

Payday loans A.K.A. the kiss of financial death

[atl]

I don’t understand how people don’t have enough common sense to figure out they don’t have the income to support the lifestyles they choose.

[DevylsAdvocut]

Nothing adds up. They each make 35-40? That’s say around 75k... and the house is 100k? But the mortgage is 1600? Good grief, some people are destined to be broke forever.

[showcasecharlie]

I laugh at those idiots with $900 car payments who make fun of my restored and mechanically sound 25 year old paid off truck

[froggore]

She's still oblivious to the extremity of her situation. You can hear it in her voice.

[nicolcacola]

Paying Payday loans instead of their house payment 😣

[AperiLife]

So you can live in your house or in your car, you choose.

[drunclecookie]

my wife and I also live in Illinois (rural central part) and our mortgage is only $642 a month, but our take home pay is $5300 a month and we pay an extra $300 on the principal each month... we only have $21k left on the house and we're debt free

[SensSword]

1:55 Looks like Dave took a punch to his stomach there.

[ChrisInvests]

Does anyone think it's a good idea to have an $800 car payment with credit card debt? 👎

[Scorpiomaj]

I'm pulling in $700 more a month than her I can't afford that. People are completely clueless about their spending.

[CameronsCarReviews]

When will people realize that even ultra wealthy people with incomes of $400, 000+ are still driving a modest vehicle like a Subaru Outback, Acura MDX, Toyota Prius, or Honda CR-V. It mostly is about where you live not what you have that determines wealth. Many wealthy people don’t even have a 900$ car payment.

[austinpatrick]

First thing she needs to do is wake up and see how broke she actually is.

[anthonykence]

She living and spending like she's making 10, 000+ a month when their making 4000. Ouch

[ALXSSA]

Omg when i heard her income and she saying she has TWO $400 car payments and a $1, 600 mortgage payment....chileee 🥴. Are they starving?

[chartuck]

How to be a normal american in a 3 minute 30 second video.


I'll stick to being weird.

[robr]

She said her husband gets paid $1200 every 2wks. She gets paid $700 $5200 monthly. Their mortgage is $1600, that 30-31% of their take home pay. Mortgage isn't the issue....it's the other debts.

[raulgolfs]

Ohh my lord the title of this video scares me. Baby steps baby! Slow and steady wins the race.

[dyingearth]

She's not going to follow the advice.

[JasonJagdeotv]

Wow what a mess...it’s amazing how people keep creating holes in the boat when they are already sinking