I'm 70 And Only Have $900 To My Name

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She wants to build a garage and has never had one
As my dad would say “you’ve lived 70 years without it you can probably make it 70 more”

Winchester
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If you need to struggle, do it while you’re young.

philipgerry
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70 with $900?... That's the stuff off my nightmares my goodness. Thank God she has a steady pension

ij
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Everyone's all shocked by this? There's lots of people her age that don't have a savings.

MMGJ
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Dave is old school, and respects his elders. He could have chewed this lady out. Instead, he remained calm and nice; But, he still stuck to his principles. Good work on this one Mr. Ramsey!

Bmayo
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70 year old caller: "Should I build a garage?". Dave:"Sell the car".

nextari
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This is exactly what gives me motivation, as horrible as it sounds I love listening to people like this because it motivates me to work so hard that I'll never be in that position.

rossetti
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This call made me cry. I want nothing but blessings in her life

Jill
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Keep screwing around with debt and you will be this lady

GARNET-DAGGER-FF
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Not having your home paid off by age 70 is such a sad situation to be in.

jaysmith
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I was like this woman till I reached 50.Then a light bulb went off and I started saving and paying off all my debts.Even though I was a low wage earner, I have at least 30 times what she has in savings(and I consider myself poor). I wish I had woken up 20 years earlier.

PCUSE
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I REALLY like how he handled this call. He was truthful, kind and positive all at the same time. Also generous. Really classy. Really Christ-like.

michellewright
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She's making 30k a year in retirement which is good. Kudos to her.

Maybe downsize to a home that already has a garage?

thomasreedy
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Being 70 in this lifetime is the best wealth you can ever have in life!!! Your health is more important than money!

naana-scelyne
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Dave handled this call with a lot of class, really impressed!

katiew
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I felt badly for this lady. It could be any one of us due to these crazy times, and more. God bless her.

stickerlady
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This is not uncommon for many 'baby boomers' her age. Everyone needs financially educated more, no matter the age. And I'm not for the education system trying to teach everything to children, but Dave's financial class should be infused into the curriculum perhaps starting in Jr. High. Unfortunately, it's taken 19yrs to wise up that I dont want to live in debt anymore and I thank God that He put Dave Ramsey's voice in my ear to help me succeed. God bless you Mr. Ramsey!

_Justin
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Dave handled this like a pro! Excellent advice!! Good man, Dave!

algorhythm
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She sounds young and vibrant for being 70.

iwanttosurvive
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Everyone needs to remember that these investment vehicles just came about late 80s and weren’t popularized until the 90s. Now I would say not having a mortgage when you retire is a goal. But I think we should keep this in stuff mind. My grandpa had his pension cut in half after he retired. How could he have known that would happen?? I do have some sympathy for my elders.

slyfox