@daveramsey: This is important to remember: keep the total value of things you own that have motors and wheels in them to less than half of your annual income. This will help to make sure you don't have too much of your net worth tied up in things that are going down in value.

Dave Ramsey
Dave Ramsey
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Monday 01 June 2026 16:00:00 GMT
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russellodom1
Russell Odom22 :
Motors and wheels when you are self-employed are just tools
2026-06-01 17:26:02
79
hashtagbeardedbanker
Michael Sweigert :
you want him to go $20k in negative equity to pay off the truck loan?
2026-06-01 18:39:05
21
account1_9182111
account1_91792118 :
76,200 annual income, drive a 71k truck. Still 20k to the good on it. New home, baby etc. Still have 1500 left after bills and investing
2026-06-01 18:40:40
14
maiden4924
maiden :
Who would pay that for a truck...CRAZY.
2026-06-10 14:09:50
3
john26_g
John :
Well, here’s the thing “DAVE “ a used beater car is like four grand right now and then you get all the repairs and maintenance and BS that comes with that no one can afford to go to a buyer pay here which is cheaper than a dealer and the only other option you have is either from a person on ahh f side of the road or Facebook marketplace and there’s a reason things are called marketplace special you have to have a reliable vehicle in order to continue to make money you cannot have a vehicle that needs $10,000 with a repair that you gave $4000 for to get you to your job every day when you drive 50 miles for Work
2026-06-01 23:20:28
6
chiefshuskerfan
BestFarms :
when Will people learn cars are RARELY worth the money you spend on them. unless some rare super car, you are wasting $$
2026-06-01 16:46:44
29
shampstero
Shampstero :
But is the truck providing income ?
2026-06-05 00:26:08
2
lhernandez2122
Luis Hernández :
Use that truck to your advantage it's a truck make it make you more money simple
2026-06-03 20:13:19
4
joshadams681
Jadams :
F that, I’ll finish paying off my damn truck
2026-06-03 01:28:39
3
kombi.ed
Edgardo Brunel 🇺🇾 :
What if your vehicle goes up in value Dave?
2026-06-01 17:52:25
6
krissyg244
Krissy🫧 :
Guys I owe 35k on my truck that’s worth 17k what would be my best options?
2026-06-05 08:07:15
3
fastsnail88
WhatsUp? :
Just make more money
2026-06-02 01:38:35
5
dysfunctional...veteran
SSGAldridge :
it only goes down in value if you sell it
2026-06-02 14:43:22
6
ralphkoscielniak
VQRALPH :
I see motors and wheels as profits and assets uf you know what you buy.
2026-06-02 12:40:49
5
justinsparsons
Jparsons350 :
Except a Honda fourtrax 🫣😂
2026-06-02 23:05:53
3
nostalgicshop
NostalgicShop :
$10 they’re trying to impress other people in their lives
2026-06-01 16:37:59
5
gerritkapp
gerritkapp :
Half of net income?
2026-06-03 18:25:30
2
justagirl5678
Faith & Fitness :
You also cannot build wealth if you have no transportation to work.
2026-06-02 11:30:10
4
shannonlittlethingstx
Shannon :
How did he get that loan?!!! 😳😳😳
2026-06-02 20:01:22
2
unluckyambition
UnluckyAmbition :
yeah I'll buy that truck I've been looking for one
2026-06-03 00:03:39
3
raidergirlblue
raidergirlblue :
The motor and wheels rule does not apply to collector cars but that's a rare , uncommon exception
2026-06-05 21:28:42
1
bchmnh366
Trevor Hall :
Support and resistance are basically crowd psychology.
2026-06-02 17:05:52
3
tania.accent_training
Tania accent training :
It is not rediculous!
2026-06-02 16:22:17
3
angelakelly72
Angela Irish Celebrant :
He basically answered his own question. I hope he took the advice.
2026-06-08 13:44:13
1
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