Should A 23 Year Old Buy A $55,000 Car?

Explore More Shows from Ramsey Network:

Ramsey Solutions Privacy Policy

[NickStoeberl]

Dave didn’t answer “Better than I deserve”. Things have really gotten out of hand.

[murderouskitten]

DAVE said it Best, it is not about your age, but about your income what matters when buying a car

[fbhaze]

Hi Dave I just graduated 3rd grade and I make 600k a year. Can I afford a $300 gokart? Btw I plan on financing it.

[zophix-]

Its a bit concerning that a 23 year old who owns 2 business, manages 50 million in commercial real estate and has 250k in cash doesn't know if he can buy a car or which way to buy one...

[Gabriel.]

This guy just wanted to floss on people while he asked a question.

[wittenberg]

I find it amusing that when broke people who are saddled down with debt call into the show people comment that it makes them "feel better about their lives", but when young and successful people call in they whine and complain. Here's an idea, stop comparing yourself to others, maximize your own potential and live your own life.

[BuddyGLee]

When I was young I overspent on a car . I'm glad I did because later in life i care little for anything material.

[ShadaeMastersAstrology]

Dave’s co host is like either give me a raise Dave or I’m going into sales 😂

[DaVisionOutdoors]

Dave got him back. Lol “been there done that” this guy called to brag and Dave read him his RESUME...lol. I’m like Dave “ why finance a 50k car?!?”

[ItsMeCJ]

Dave humbly “humbled” the 23 yr old “been there done that” 🤣🤣.

[sorayi]

Dave is right. Leverage is great on the way up but devastating on the way down... good lesson on risk management

[ThinkMoneyBenny]

Why is this guy calling Dave Ramsey? 😐

[One-]

I'm guessing his family members just gave him the contracts for the houses, apartments. So he just manages what his family already managed. Easy money.

[kylecrisman]

If he would deliver pizzas on the side with the car I’d say yes

[hearthealthyhustlebyjonath]

One of fave clips to date! Seeing more of Dave here. Loved how he gave the young man his vote to buy a that car.

[TheTifier]

Caller: (breathes)
Dave: *Sell your car.*

[RogueHero]

You have so much money in the bank caller, buy the car enjoy your life you're only going to be young once. Enjoy it with a debt free vehicle and just make sure to stay on top of your game.

[jill]

I really agree with Dave about who “needs” something. Age and needs don’t matter, ratios do.

[Bulltrader]

Sometimes I think people call in just to brag about their success 😆

[Evan-bvbh]

I really like how he didn't say be wasn't doing something wrong, just that it was different approach and values and still being successful