Dave Ramsey says DO NOT file for unemployment, work at Amazon and deliver pizzas instead

[Hijo de luna]

I think Ramsey is spot on about some things but off the mark on some others, like pretty much all financial talking heads. Find the advice you need at the stage of life you're in. Might Ramsey when you're starting out, then Suzy Orman down the road etc.

But to the OP, I kind of agree with him on this one. We are about to go into a deep recession right now. I'd rather have a job that can meet my financial obligations than "cake" off a limited supply of UI.

Amazon and pizza will still be there when the UI runs out. It would be wiser to take the $20k in UI and build a relevant skill over the next 6 months, come out caking.

 

[Bubba T]

A lot of nikkas SWEAR by Dave Ramsey though. And let's be real, if this was say, five months ago, you all would agree with him because I saw the exact same advice given here before. Y'all used to love promoting those sorry ass, exploitative gig economy jobs.

A lot of dudes are broke and have a broke mindset (except of course of all the Coli six cert folk, which I’m sure is everyone in this thread). His basic advice is solid for people to clean up their act, not to become financial gurus.

 

[DamienWayne]

Dave Ramsey is good for something but let’s not pretend he doesn’t give advice

one episode a black single mother making 19k a year called in. He didn’t know what to say

 

[Legal]

Who says to sit at home?

Immediately file unemployment and then job hunting right after is my advice

Or take the unemployment while working on and learning new job skills.

Seems like the most reasonable answer.

It's hard to fight the prospect of literally making more money by not working then you would by working, you want and need to be ahead of the curve on all the people coming off unemployment that will absolutely crush the market.

Because at that point, your issue won't just be finding a job, but finding one that actually pays a decent wage. The demand will be so high for.jibs that even the companies that absolutely need people in the workforce are going to likely push wages down for the newer people joining their workforce.

 

[Rawtid]

Nah, it wouldn't be solid advice. People are too conditioned to spinning wheels. They forget the purpose of working hard is to move forward

Eh, working is for income. Skill development, training, education and overall experience help you move forward at work. Working "hard" is subjective. In the case of non-pandemic unemployment, I'd rather do gigs or temp work than go through the process of filling and maintaining benefits.

 

[phcitywarrior]

Amazon and pizza will still be there when the UI runs out. It would be wiser to take the $20k in UI and build a relevant skill over the next 6 months, come out caking.

I'm not sure on your Amazon take. Sure they're hiring people now but eventually they too will hit a capacity where the marginal benefit of an additional hire is lower than the marginal cost of that hire.

On the 2nd part, I agree to it in theory, but you gotta be laser focused on said skillset and you gotta be damn sure there'll be an ROI.

There are a lot of unknowns for even 2-3 weeks down the line. 6 months has even more uncertainty.

 

[Rawtid]

he's just saying find a job thats hiring and dont wait for the government , you guys dont need to swallow the whole message , you have to dissect what people are saying

people that work at amazon get paid every two weeks and most of the time can get over time if its there , he's just saying theres money there to make

Exactly!! Anytime you're in a position where there are limits on the money you can make, it's not good. But again, in a pandemic, it's probably not the best advice.

 

[Thavoiceofthevoiceless]

I'm not sure on your Amazon take. Sure they're hiring people now but eventually they too will hit a capacity where the marginal benefit of an additional hire is lower than the marginal cost of that hire.

On the 2nd part, I agree to it in theory, but you gotta be laser focused on said skillset and you gotta be damn sure there'll be an ROI.

There are a lot of unknowns for even 2-3 weeks down the line. 6 months has even more uncertainty.

Even still, that 6 month cushion gives him an opportunity to make more money while devoting him time to learn some new skills. Taking that job delivering pizzas and working at Amazon is just going to get him scraping by. Not improving his life or outlook.

Dude was barely getting by even before pandemic hit and if something doesn’t change for him skills wise, then he will likely still be in the same situation after. Think long term rather than short term. Especially in his situation.

I’d rather learn new skills to put on my resume and explain what I did when I was unemployed then put working as a pizza delivery man thinking that it will help me get something better in life.

 

[Umoja]

Eh, working is for income. Skill development, training, education and overall experience help you move forward at work. Working "hard" is subjective. In the case of non-pandemic unemployment, I'd rather do gigs or temp work than go through the process of filling and maintaining benefits.

Why do you get income?

If working won't provide more than you would get to stay at home, your time would be better spent getting money to stay at home and planning out your actions.

And I understand your mindset. I feel the same way. It is something I am trying to remove.

 

[Ezekiel 25:17]

Seems like the most reasonable answer.

It's hard to fight the prospect of literally making more money by not working then you would by working, you want and need to be ahead of the curve on all the people coming off unemployment that will absolutely crush the market.

Because at that point, your issue won't just be finding a job, but finding one that actually pays a decent wage. The demand will be so high for.jibs that even the companies that absolutely need people in the workforce are going to likely push wages down for the newer people joining their workforce.

It's not just that either, a lot of folks been paying off they credit card. I'd love to tell Dave I made $3000/month and paid off my debt. Old man's head would explode

 

[I Really Mean It]

He went bankrupt about two years after amassing his "fortune". With that said, I understand his rational with the advice he gives. If were weren't in a pandemic, it would be solid advice, imo.

But we are in a pandemic.

 

[Originalman]

I think Ramsey is spot on about some things but off the mark on some others, like pretty much all financial talking heads. Find the advice you need at the stage of life you're in. Might Ramsey when you're starting out, then Suzy Orman down the road etc.

But to the OP, I kind of agree with him on this one. We are about to go into a deep recession right now. I'd rather have a job that can meet my financial obligations than "cake" off a limited supply of UI.

Exactly dave a conservative good ole boy. You should never take 100% advise from anyone even yourself....

Look I agree with some of his principles. Like staying out of debt and paying most things cash. But most folks who even follow his shyt most of the time will say they don't agree with 100% of his stuff.

 

[Originalman]

Nah fukk all that. Take the government for all you can get out of em

This

 

[Justise M]

The black guy who is sometimes his co-host acts like robot Dave programmed when their on together.

Also they always choose thumbnails for him where he's bucking his eyes

 

[phcitywarrior]

Even still, that 6 month cushion gives him an opportunity to make more money while devoting him time to learn some new skills. Taking that job delivering pizzas and working at Amazon is just going to get him scraping by. Not improving his life or outlook.

Dude was barely getting by even before pandemic hit and if something doesn’t change for him skills wise, then he will likely still be in the same situation after. Think long term rather than short term. Especially in his situation.

I’d rather learn new skills to put on my resume and explain what I did when I was unemployed then put working as a pizza delivery man thinking that it will help me get something better in life.

That's a fair point. I'm looking at this current recession/depression with the mindset that a bird in the hand is worth more than two in the bush. 3 months from now a warehouse job at Amazon might be like a tech job at Google.

And he'll have to be laser sharp during his 6 month break. Even some IT jobs are getting hit right now. The longer this spreads, the more companies will pull back on their expenses (aka hirings).