Should I Use 401k Money To Pay Off Debt And Buy A Home?

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Title	:	Should I Use 401k Money To Pay Off Debt And Buy A Home?
Lasting	:	7.37
Date of publication	:
Views	:	396 rb

This is good I like the cold hard truth of life Most people just bee bop along like dave always says 😅
Comment from : Jay B

I was 27 got into CC debt and pulled a loan to get outI do sometimes think of the missed profit But im still young with more in my retirement than most of the worldI am not complacent with where im at but can't complain of where im at now
Comment from : Simplybeef

Cashing out a 401k is never a good idea
Comment from : Ryan

I'll bet anything she didnt listen haha
Comment from : Nick H

"You quityou quityou quityou quit" I love that 😂
Comment from : Jackson Billy

If its for a home only there is no penalty I do not think
Comment from : Ultra

Love people that go on vacation while they are in dire financial straits
Comment from : Jorge Almeyda

When borrowing from your 401k to buy a house ( if you’re a first time home buyer) you pay the taxes but no penalties and you can only borrow up to 10k
Comment from : jim taylor

What’s your number Dave?
Comment from : SodapopPrincess

"I'm not going to participate in your insanity" is a line we should use more often for our loved ones
Comment from : BIDÓ

What a lifesaver!! Thank you!
Comment from : Stacy Cunningham

Save that 401 k
Comment from : Ashley Martin

She's absolutely going to continue financing her make believe life lol
Comment from : Jaq__

You are so rude ! Where is your compassion…
Comment from : beth christian

🤔😂😂😂😝😜😜
Comment from : Life with Trucker Art

Ur mean bro, u crushed her Dream 😂 brI’ve been on rice and beans I’m Mexican 😂
Comment from : Geovanni

4:41 It is my feeling that if more people were this blunt, the world would be a better place Instead, it's viewed as being "rude" when I find the platitudes and deceit to be far worse
Comment from : clutchtastic_

I’m learning that this thing needs full commitment and it is a lifestyle change
Comment from : PatchesKB

Her husband needs to divorce her She's a mess and doesn't realize it
Comment from : RepuBlic Of CHAD

She called him but she is not willing to follow his advices
Comment from : Y B

Dave: You're Broke Kelly: We want a vacation, and a nice school Dave: You're BROKE!
Comment from : Plants4TheWin

When you listen to people talk long enough it becomes easy to see their value systems and how some couples have different values as well as their mindset about wealth debt investment and money
Comment from : markivrimusic

yeah you quit on repeat LOL
Comment from : CEO of Gambling

😂 I love Dave
Comment from : Tanice Fort

The only school she needs to be worried about test scores at is Financial Peace University lol
Comment from : Robert Simpkins

This is awesome! He spoke to this delusional individual the only way possible That’s all I’m going to say
Comment from : D C

I’m dead!!!! He said you make too much money to be this broke 😭😭 bruhh I wish I was making that much! Never live above your means!!
Comment from : Cassandra D

“Well, the moral of this storybrThe moral of this songbrIs simply that one should never bebrWhere one does not belongbrSo when you see your neighbor carrying somethin'brHelp him with his loadbrAnd don't go mistaking ParadisebrFor that home across the road”
Comment from : countdown2xstacy

In other words:brThe train went off the tracks
Comment from : countdown2xstacy

Dave burps at 6:52 😂😂
Comment from : Kyle Sheffield

Yeah she did it Hope I'm wrong
Comment from : Heatherbnice

🙏 Please don’t let her have done it anyway
Comment from : djmocha7

She should just buy a house without pulling 401k No one with that income should rent She is throwing that money away Buy buy buy lady!
Comment from : Brad W

I don’t think she realizes that 40 percent of 35 is like 17k
Comment from : Phong Nguyen

“But your broke” -I tried this at Christmas dinner and boy I ruined Christmas 🎄 🤷🏽‍♂️😂
Comment from : La Poblana Restaurants Ramirez

🙏🙏🙏👌🤩🤩🤩
Comment from : M Love Spring

Rice and beans beans and rice in Spanish in my country is called casamiento which is marriage un Nicaragua gallo pinto in the caribe congri
Comment from : Erico Ramirez

He scolded her but for a good faith!
Comment from : Pradeep Bhulode

Rent comes with no interest like a mortgage Down size your cars pay them off!
Comment from : Tiffany Feldman

Cut up those cards!! What about public school elimination of student fees each months he can have private education when you’re debt free I wouldn’t go on vacation during snowball and his job being unstable Pay off that car!!
Comment from : Tiffany Feldman

Seriously, why do lower middle earners buy new cars? I have never understood this
Comment from : Will Ward

I wish dave would respond to the comments which are sometimes more interesting than the videos themselves
Comment from : Miguel Angel

I think some people can not be helped
Comment from : Chris Stone

95,000$ a year, pays $1050 a month in rent, living in no tax state of Texas and has zilch Don’t get it
Comment from : Jason Zelic

God, this lady is really annoying She just won't listen
Comment from : IronVoice

Try to keep up with the Joneses will get you broke
Comment from : Cleo Vintora

👏👏👏
Comment from : Cleo Vintora

She mad she’s not hearing what she wants to hear
Comment from : Lottyhanz Familyties

What about getting a loan from the 401K?
Comment from : Gerardo Rios

If your ok baby step 2, your not buying a house people
Comment from : Anthony rocking the new year

I love how ignorant this caller is
Comment from : Anthony rocking the new year

If you're in debt your child goes to a public school until the debt is gone!!
Comment from : Jay J

"But you're broke" words of wisdom
Comment from : Ernesto Diaz

I wish Dave would do live calls with people
Comment from : J J

You quit Facts
Comment from : J J

So she cashes out her 401k gets 15k, not fixing the problem at all Guys, listen up, she is burning through 90k per year!! And has no clue This plays out all over the USA Stay single, stack cash, do not give it away
Comment from : Alinas Evil Twin

How does he figure that a $95,000 income is taxed at 40?
Comment from : Christina Skeeters

Everybody needs Dave as an uncle
Comment from : Brock White

Beans and Rice with a side of Stupid Sauce please! 🤣
Comment from : punknhead23

She needed a reality check - you're broke, lady Quit running up debt
Comment from : D RG

90K/yr with no state income taxes Get it together
Comment from : Calarco5

ReallyDon’t go see your family because you owe money There’s more important things than money Dave It’s called getting together with your family for Christ’s sake Get a 401k loan for 17,500 That would be around 70 bucks a week for five years Pay off what you can Than hammer the rest of the debt over the next year You should be good to go and able to buy that house You could even sell one of the cars and get something cheaper Sell the car yourself, don’t trade it in Create a budget and you’ll be fine
Comment from : CSM1470

Cool video, I just turned 22, and I want to own an investment, I was thinking to open either the Roth IRA or the 401k, to be frank I know nothing about either, I do not wanna loose money What do I do? How do I begin?
Comment from : Shaylin Vickers

If you are going to file bankruptcy, it would be stupid to withdraw from the 401k because it is completely protected from creditors
Comment from : FlashOfLight

dave didn't even care to verify her credit card debt; he already knew she was gonna buy that house regardless it's beyond me why she thought dave would cosign buying a house with $28k in car debt and thousands in credit card debt she says the rent is going up and thinks that automatically means buy a house for the amount her landlord is charging; they didn't even think to just go find another spot for $1000
Comment from : Brian Erwin

"Yeah but"
Comment from : Desmon Flonnory

House fever lol brYOU’RE BROKE!!
Comment from : Yupnachos

They are worried about affording more for rent and $400 more for preschool and their solution is to buy a house? Ahhhhh, NO And I sure hope they enjoyed that vacation It messed them up royally
Comment from : Holly B

I have a feeling that the husband didn't have much say in the spending
Comment from : kuunami

Dave says, "You quit" six times in a row She heard zero while trying to justify what she believe she was entitled to
Comment from : Rob Edmund

Is he really chastising someone over taking a vacation? The cost wasn’t even stated
Comment from : alumsey

With 90k income I paid off my house in 5 yrs I don't know how much a person can spend
Comment from : D L

This video already 4 years back, hope Kelly and his husband does hear what Dave Ramsey advice to you two
Comment from : mohamad shahriman

Dave, Wish I had your videos earlier in my life You are so real Thank you
Comment from : ASB

When they stop talking like that, does it mean they hung up? lol
Comment from : Yota Toy

Kelly , if you're reading this, please call Dave back I want to know if you listened to Dave and went through FPU or you got deeper in debt
Comment from : Coffee for common sense