You Are NOT Doing The Baby Steps!

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[Gruuvin]

"I haven't done Financial Peace, but I did register to become a coordinator."
That's rich!

[pkdude]

I love when Dave gets annoyed and hits the hang up button 😂😂😂

[RaleighLink]

Why do people even call into the show if they don’t even follow Dave’s basic advice?

[ericaruiz]

“We can still be friends, I’ll just be your rich friend.”
Ha! 😂

[lisagardner]

How can you register to be coordinator when your not even doing the plan?!! Good luck doing your plan.

[Lon]

I'm still wondering what the guy's question was. Was he legitimately asking Dave if it was a good idea to finance a car?

[truthsayer]

People who have never had money have a VERY hard time draining their savings to pay for a car because they are afraid something bad is going to happen at the wrong time. It’s that emotion that Dave needs to address. Tell people WHY other than “because it works”.

[mjbgworld]

On my head I'm on baby step 4-6 LOL 😂

[laurenh]

Go Dave! I'm so glad he was there to take over this call. No one else would have shut this down like he did, they would have rambled right along with the caller going on about nothing. Dave..you should have also called him out to not be a coordinator of FPU, if that's what this guy was intending to do. Never taken FPU and is not doing the plan...I don't think so.

[kimharris]

He's been listening for years. What plan is he on😅
What did he call in for?

[shelleyirwin]

I’ve seen this twice. A couple who took FPU with us worked the plan until they needed a new car. A coworker who told me she took FPU got into an accident and replaced her car by getting a loan. Neither was able to see a life without debt. So sad. We stuck with the plan and we are on BS6

[Kysen]

I absolutely love when Dave gives them a raw answer.

[liveslisa]

I thought the caller said "Good afternoon jaded Dave!" So glad he didn't actually say that. lol!

[J_R]

Dave is the only one who can do this show. When these others try to do it- it just doesn’t work

[highlyfavored]

@ 1:09 Dave is gesturing Jade to stop and let the guy finish but she didn't see that

[lesleyhall]

Love your advice. Going to send to my kids to follow. THANKS from 😊UK

[joeriveracomedy]

Reminds me of a guy I saw give a sales pep talk to a scammer kid ripping people off at an ampm then he got into a volkswagon.

[binfordtoolman]

I get the fear factor of paying off debt with savings - I've been there. Here's the thing: Many people finance a new car for 5-8 years with little regard for something bad happening. But if it does, you are on the hook for making payments on a depreciating asset or risk a repo and be out all the $ you paid PLUS the risk of being upside-down and having to pay the difference on a car you no longer have. By draining savings to pay off debt, it should take you a matter of months, not years, to build your savings back up. With that said, one thing you need to consider before draining savings is the stability of your income. If it's highly at risk due to high probability of layoffs or other reasons, then Dave advocates pausing the Baby Steps and stockpiling cash.

[GeneralZeroOfficial]

I took on a mortgage and new car loan and became a millionaire with those loans, 1.5 years after financing the car and 0.5 years after financing the house. Im 33 now. Being debt free is not the only millionaire plan. In fact, if you manage debt properly you'll hit millionaire status faster. When your debt is 20% or less of your monetary net worth you still have security if shit goes sideways.

Dave's plan is awesome. It's not the only path to being a millionaire. It's arguably the slow path.

[random-nzdy]

Dave knows exactly when to shut down a call quick (something the other personalities need to hone in on as they often let callers ramble etc).

People calling in with questions like this trying to BS need that kind of response. They need a tough answer.