How Can I Pay Off $60,000 Of Debt Making $60,000?

Now that I'm debt free, I have tortillas with my beans and rice!

Dave should make a rice and beans, beans and rice cookbook I would buy it

Dave is out here saving people from debt like some kind of sitting batman

People need to stop looking at how "good" or "small" the monthly payments are and look at the overall total. Delayed gratification, people!

@3:24 "But I have it on a 7 year loan" lol. That's when you know you can't afford the vehicle.. 😂

You’d be amazed what building a budget and making lifestyle changes can do when it comes to getting out of debt and getting the ball rolling.

When you wanna put seasoning in your Beans and Rice but it's out your budget.........

I don’t follow these guidelines to a tee but having these snippets in my brain on a regular basis truly help keep me focused financially. Thanks!

Sell the car, get something cheap. Then focus on that student loan!

OMG this woman is living my life. Same thing except my debt is a little higher. Single mom, child support is not reliable to come in each month or not, I needed to hear this! Have anyone actually done FPU? Thought? $129 is a lot of money!

Keep working the plan.. slowly but surely!! You can do it!! It’s not easy being a single mom.

It might take 2-3 year, but it’s totally possible to pay that off with determination! Literally, save as much as possible (40-50% of income) and use it to pay off the debt 👍

just sitting here looking for the comments that say "well, she makes $60k a year, she can pay off that $60k debt in one year!" (nevermind taxes, bills, and other cost of living expenses)

Dave make it sound too easy... 60k/year is before taxes and who knows much her interest rate is for her student loan, credit card, auto loan. She is probably looking at 5-6 years realistically to get everything paid off.

Great news for Dave. People are still making financial messes.

Most people with an average amount of student loan balances are “repaying” them on a income based repayment or another plan that gives them the lowest payment possible. Ask them what car they’re driving and it’s usually 50-100% of their annual income; that doesn’t include ridiculous mortgage and credit cards. They complain about having student loans even though they signed for it and got a degree.. I hope more people listen to Dave Ramsey and realize that self responsibility is a thing instead of trying to vote for a political candidate that will supposedly pay off student loans.

This is very helpful. Thank you.

Eat the elephant one bite at a time, along with rice and beans.

This girl sounds really sweet. I empathize with her. Single mom. Pile of numerous debt. Tough situation. Glad Dave enrolled in her Financial Peace. She needs a support group because obviously baby daddy isn’t involved. 😑

I do not have any car loans--paid $4000 cash--nor credit cards. Like her however, my debt from student loans equal my income.. This video is so helpful and gives me so much hope. Thank you.