Caller: âIâm 26, about to get engaged, but my net worth is way higher than my girlfriendâs. Do I need a prenup?â
Dave Ramsey: âOkay, what does âdifferent net worthâ actually mean?â
Caller: â$50K from my grandparents for a house, $50K in my truck, $165K across my 401K and accounts, $150K left in a college fund⊠Sheâs finishing PA school with about $120K in debt.â
Dave Ramsey: âAnd what are you making a year?â
Caller: âAbout $120k/yr.â
Dave Ramsey: âYouâve got around $600K to your name at 26⊠honestly? Thatâs not enough net worth to warrant a prenup. If youâre comfortable, skip it.â
$600K net worth at 26. Fiancée in PA school with debt. Dave says skip the prenup
Amazon: âWe made $470B but spent $469.9B so we only owe taxes on $100Mâ
IRS: âPerfectly legal.â
You: âI made $61,000 and spent $59,200 keeping my kid alive and my lights on.â
IRS: âThatâs not a business expense.â
You: âRent isnât a business expense?â
IRS: âCorrect.â
You: âInsulin isnât a business expense?â
IRS: âCorrect.â
You: âThen what am I running here?â
IRS: âA household. File by May 15.â
You: âAmazon runs a household too. Itâs called âreinvesting in the business.ââ
IRS: ââŠâ
You: âSo if I call my rent âreinvesting in my ability to show up to work,â weâre good?â
IRS: âNo.â
You: âWhy not?â
IRS: âBecause youâre not a corporation.â
You: âRight. Iâm just the guy the corporation depends on to survive on less than it spent on legal fees to pay less taxes.â
IRS: âFile by May 15.â
Amazon: âWe made $470B but spent $469.9B so we only owe taxes on $100Mâ
IRS: âPerfectly legal.â
You: âI made $61,000 and spent $59,200 keeping my kid alive and my lights on.â
IRS: âThatâs not a business expense.â
You: âRent isnât a business expense?â
IRS: âCorrect.â
You: âInsulin isnât a business expense?â
IRS: âCorrect.â
You: âThen what am I running here?â
IRS: âA household. File by May 15.â
You: âAmazon runs a household too. Itâs called âreinvesting in the business.ââ
IRS: ââŠâ
You: âSo if I call my rent âreinvesting in my ability to show up to work,â weâre good?â
IRS: âNo.â
You: âWhy not?â
IRS: âBecause youâre not a corporation.â
You: âRight. Iâm just the guy the corporation depends on to survive on less than it spent on legal fees to pay less taxes.â
IRS: âFile by May 15.â
SORRY IF THIS OFFENDS FOOD TRUCK OWNERS, BUT FOOD TRUCKS NEED TO BE CHEAPER THAN RESTAURANTS AGAIN.
Iâm not paying $22 for tacos to eat standing next to a parking lot.
How are they charging restaurant prices without a restaurant?
I canât be the only one thatâs noticed how crazy food truck prices have become recently.
SORRY IF THIS OFFENDS FOOD TRUCK OWNERS, BUT FOOD TRUCKS NEED TO BE CHEAPER THAN RESTAURANTS AGAIN.
Iâm not paying $22 for tacos to eat standing next to a parking lot.
How are they charging restaurant prices without a restaurant?
I canât be the only one thatâs noticed how crazy food truck prices have become recently.
Iâm starting to think the whole âBUY USED TO SAVE MONEYâ advice is outdated.
A new Toyota Sienna costs around $58K . A 3 year old one still costs $48Kâ$52K.
Iâm saving just $6Kâ$10K upfront, potentially paying a higher interest rate, and getting less warranty coverage.
Then one major repair could eat into those savings even more.
I understand that new cars depreciate, but when used cars cost this much, whereâs the financial advantage?
Am I missing something, or has buying used stopped being the no brainer everyone says it is?
Iâm starting to think the whole âBUY USED TO SAVE MONEYâ advice is outdated.
A new Toyota Sienna costs around $58K . A 3 year old one still costs $48Kâ$52K.
Iâm saving just $6Kâ$10K upfront, potentially paying a higher interest rate, and getting less warranty coverage.
Then one major repair could eat into those savings even more.
I understand that new cars depreciate, but when used cars cost this much, whereâs the financial advantage?
Am I missing something, or has buying used stopped being the no brainer everyone says it is?
SO LET ME GET THIS STRAIGHTâŠ
If i miss one credit card payment, that follows me for 7 years and tanks my ability to get an apartment.
But if a bank gets caught laundering money for actual criminals, they pay a fine thatâs less than a rounding error on their quarterly earning and keep operating like nothing happened?
ONCE AGAIN, consequences are only for people who canât afford to buy their way out of them. IâM SO SICK OF THE HYPOCRISY.
SO LET ME GET THIS STRAIGHTâŠ
If i miss one credit card payment, that follows me for 7 years and tanks my ability to get an apartment.
But if a bank gets caught laundering money for actual criminals, they pay a fine thatâs less than a rounding error on their quarterly earning and keep operating like nothing happened?
ONCE AGAIN, consequences are only for people who canât afford to buy their way out of them. IâM SO SICK OF THE HYPOCRISY.
The median family income in the U.S. has gone from $10K in 1971 to $106k today, an increase of 10x.
However, the median cost of a house has gone from $25K to $445k, an increase of 17x.
And the median cost of a car has gone from $3.6K to $50k, an increase of 14x.
The median cost of college has gone from $2.9k a year to $45k, an increase of 16x.
And the average cost of healthcare per person has gone from $350 to $14.6k, an increase of 42x.
THE AVERAGE PERSON IS WORSE OFF TODAY THAN IN 1971.
The median family income in the U.S. has gone from $10K in 1971 to $106k today, an increase of 10x.
However, the median cost of a house has gone from $25K to $445k, an increase of 17x.
And the median cost of a car has gone from $3.6K to $50k, an increase of 14x.
The median cost of college has gone from $2.9k a year to $45k, an increase of 16x.
And the average cost of healthcare per person has gone from $350 to $14.6k, an increase of 42x.
THE AVERAGE PERSON IS WORSE OFF TODAY THAN IN 1971.
Lin retweeted
Jamie Lee Curtis reveals she secretly battled addiction for over 10 years while her career was thriving.
âI was in a good, stable marriage, writing bestselling childrenâs books, and getting more fame and attention.â
âI got more as my addiction got worse, not less.â
âNot one person knew.â
Curtis explained how outward success made it easier to hide her addiction, even as she felt trapped by it.
â If you are asking yourself, âCan I stop this?â then youâre in a prison of your own mind.â
BOOMERS: âI worked one job for 40 years, bought a house for $47K, had a pension, and retired.â
GEN X: âWe survived multiple recessions and somehow became the forgotten generation.â
MILLENNIALS: âWe have 3 jobs, 5 side hustles, $80K in student loans, and Zillow open like itâs a second job.â
GEN Z: âYou want 40 hours a week, 5 days in an office, AND a commute? For what?â
Every generation got a different economic deal.
And somehow the older generations keep asking:
âWHY DONâT YOUNG PEOPLE WANT TO WORK?â
Maybe because the deal changed.
BOOMERS: âI worked one job for 40 years, bought a house for $47K, had a pension, and retired.â
GEN X: âWe survived multiple recessions and somehow became the forgotten generation.â
MILLENNIALS: âWe have 3 jobs, 5 side hustles, $80K in student loans, and Zillow open like itâs a second job.â
GEN Z: âYou want 40 hours a week, 5 days in an office, AND a commute? For what?â
Every generation got a different economic deal.
And somehow the older generations keep asking:
âWHY DONâT YOUNG PEOPLE WANT TO WORK?â
Maybe because the deal changed.
IS âBUY USED TO SAVE MONEYâ STARTING TO MAKE LESS SENSE?
Everyone says buying used is the smart financial move.
So I ran the numbers.
A new Toyota Sienna: roughly $58K .
A 3-year-old Sienna: $48Kâ$52K.
You might save $6Kâ$10K upfront.
But then you potentially give up part of the warranty, face a higher used-car interest rate, and take on more repair risk.
So where exactly is the huge savings?
If a nearly new car costs almost as much as a brand-new one, âjust buy usedâ starts sounding more like financial advice from a different era.
Maybe the real trick isnât buying used.
Maybe itâs buying used at the right price.

