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A 17-Year-Old Dave Ramsey Caller Makes $1,700 At A Gym And Buys An $8,000 Honda Accord From A Friend. Now He's Stuck Paying $1,100 Per Month
Yahoo Finance· 2025-11-25 21:31
A Georgia teenager called into a recent “The Ramsey Show” with a warning tale about his first car purchase, and how quickly costs can spiral out of control. Beto, a 17-year-old from Atlanta, told hosts Rachel Cruze and Jade Warshaw that he works full-time at a mixed martial arts gym, making about $850 every two weeks. He recently bought a 2012 Honda Accord from a friend for $8,000, agreeing to make payments of $400 per month. But he didn't expect insurance to be such a hit. Don't Miss: The ‘ChatGPT of Ma ...