Finance guru gives caller sharp wake up call after saying he wanted to retire at 58 with NO savings

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Finance guru gives caller sharp wake up call after saying he wanted to retire at 58 with NO savings

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A finance expert gave a harsh reality check to a caller who hoped to retire at 58 despite having no savings and a pricey auto loan draining his wallet. Scott from Baltimore, Maryland, learned the hard way that one bad purchase decision can undo years of financial discipline when he splurged on his dream ride, a Harley Davidson motorcycle. On a recent episode of The Ramsey Show, Scott confessed to Dave Ramsey that he's struggling with a $20,000 auto loan for his bike, almost as much as his $25,000 mortgage for his home.
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