Money Guy Show

Financial Advisors React To INSANE Dave Ramsey Calls!

9 snips
Sep 22, 2025
Listeners are treated to wild calls from Ramsey Studios, tackling everything from the pitfalls of luxury car payments to the dangers of ignoring taxes. A young caller debates splurging on a sports car versus investing, prompting deeper discussions on financial priorities. A couple grapples with a staggering $1 million debt, while others reflect on the pursuit of purpose beyond wealth. The hosts also weigh in on credit card strategies and the implications of mortgage choices, providing valuable insights and humor throughout.
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ADVICE

Pay Cash For Luxury Cars

  • If you can afford a luxury car on high income, pay cash instead of financing it.
  • Financing expensive brands creates unnecessary risk even with large earnings.
ANECDOTE

Sovereign Citizen Caused Foreclosure Crisis

  • A caller described her husband becoming a sovereign citizen and stopping mortgage, car and tax payments.
  • She only learned when the sheriff served foreclosure papers and had to scramble to catch up.
ADVICE

Pay Taxes And Debts Promptly

  • Pay taxes and debts; the government can seize assets if you refuse.
  • Don't choose not to pay obligations because enforcement and penalties will follow.
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