The Ramsey Show (June 16, 2022)

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The Ramsey Show (June 16, 2022)

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Watch full episodes of The Ramsey Show right here! You’ll learn how to handle money, career advice, navigating relationships, plus tons of other life-changing content. Join Dave Ramsey and his co-hosts starting at 4pm EST Monday-Friday with less commercials and more of the Dave Rants and debt-free screams that you want. Experience one of the most popular talk radio shows in the country.

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I became debt free (except my mortgage) in November 2020. I saw the writing on the wall and sold a piece of useless property. Paid off everything. Also owned outright 3 vehicles. I'm a single grandmother of 2. I've adopted them. I sold the 2016 vehicle and kept the 1992 and 2002 vehicles. They are both in tip top condition thanks to selling that 2016 vehicle. I'm saving a lot, paying down my mortgage and living like no one else! Thank God I jumped on the Ramsey train early on. My biggest assets are food in the pantry and manual yard tools!!! I work hard but we're living good!!!

reneenewfrock
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Im so thankful to be working the baby steps! Getting out of debt is the best thing anyone can do!

monica
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1:36:20 - I love that their appliance repair guy spoke into their journey while they were on it. You never know how big an impact a little encouragement and positivity might have on someone's life.

rows
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Dave's rants are so funny. He goes off and George tries to interject to give dve something to play off of and dave just keeps talking over him. When Dave is on his rant just sit back and watch till he's done😂🤣😅

Nissan-hzzh
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I secretly love to hear Dave yell! It makes my day lol!!!

CrazyOverParties
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I’d like to bring up a point that no one talks about with inflation. There was a rapid growth of the supply of money that outpaced gdp in 2020. Milton Friedman lectured that inflation is always and only a monetary phenomenon. He also informed us that the effects would be felt 18-24 months later. An analogy he used was drinking. At first we have the good effects only later does the hangover set in. The m1 money supply in March 2020 was 4 trillion, in May 2020 it was 16 trillion and now sits over 20 trillion. It is absolutely the cause of inflation today and the cure will be to reduce to growth of the money supply via raising interest rates. The rates had to be raised into double digits to stop inflation of the 70’s so a 75 basis point hike is just for show. Friedman also lectured that the cure for inflation was not fun either, a transitory rise in unemployment (that would resolve) and reduction of the rate of gdp growth. This was evidenced in the 1980’s when the rates were raised heavily, inflation was quickly brought in check with a temporary rise in unemployment that eventually resolved as well. This is at least worth mentioning in my opinion.

SJhikes
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Dave quote from this episode:

"Let the thing do it's thing!! "

sgist
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Dave is the only one I know who doesn't care about telling our leaders what complete idiots they are. Either side of the party line. Thank you Dave!!!

chrisdawson
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George you’re like a teenager excited to ride shotgun up there. Love it lol. Dave can do this in his sleep. 👌

NurseMoneyGrowWealth
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1:43:20 right after the quote “if you want something said ask a man, when you want something done ask a woman” a man had to jump in and fix something 😂

Love Nikki but that was funny

reaccionapr
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Trusts in my area are used often to help elderly with assets, to be eligible for state assistance when they need to go into long-term care. With assets out of their name, family keeps state leans away & elders get medical assistance. Shady, but legal.

fourdayhomestead
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2:01:13 If they split the benefit and the sister(s)-in-law blow the money that was meant to be yours... yOU WILL REGRET IT AND HAVE BAD FEELING FOR YOUR SISTER(S) FOR EVER.

yankos_
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No wood is still selling for double at homedepot just looked a 4x8 sheet of 7/16 osb is 26.25 when it was 11.50

michaelboyce
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The FED is not dumb. They are intentional. They create the dog biscuits then make you dance.

corneliusjones
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How did the transmission go out on his '21 camry already?

riahlakay
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you can always pull your basis out of a Roth at any age. not a good idea, but you can.

Hokieredneck
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Baroness Thatcher, actually. Sorry lads, I couldn't resist.

wisecrack
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The FED leaders are not stupid. And if that’s true, why do you think they are doing what they are doing 🧐

A_Class
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Wow, I actually agree with Dave's rant this time.

hopegarrett
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Dave or Nikki for president would be better than what we have now.

platinumhandymansolutions