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Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead
Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead

Yahoo

time2 hours ago

  • Business
  • Yahoo

Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead

Most people call into "The Ramsey Show" wondering how to climb out of debt. But one recent caller? He and his wife are trying to do the opposite. They're in their 20s, fresh out of college, no debt, $200,000 combined income, six months of emergency savings—and their big question was whether investing 60% of their take-home pay was a little too much. Turns out, it might be. Not because they're saving too aggressively—Dave Ramsey loves intensity—but because they're skipping a key step almost every millionaire he's studied has taken. "Very, very few people that we have studied... that became wealthy used that plan," Ramsey said. "Instead, what they have done is they bought and then paid off a home." Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The couple, who just got married and are currently renting, laid out their plan: live on her $60,000 salary and invest his $85,000 take-home in 401(k)s, HSAs, and other vehicles. Their goal? For her to eventually become a stay-at-home mom. But Ramsey had one question that changed the tone: "What about your house?" They didn't have one. And to him, that's a red flag—because he's seen what happens when people rent for life. "You can 100% count on rent going up your entire life as long as you rent," he said. "Your largest item is out of your control." In his book "Baby Steps Millionaires," Ramsey details a study of 10,000 net-worth millionaires. Most of them followed a path that involved a modest home, a long-term mortgage, and slow, steady investing. That's not to say saving 60% is bad—it's just rare, and in Ramsey's view, less efficient. "I would save a maximum of 15% of my household income into retirement... stop the HSA, build up a fat juicy down payment, and buy a house in Texas," Ramsey said. Trending: Maximize saving for your retirement and cut down on taxes: . And he's not just talking theoretically. The data backs him up. According to the Federal Reserve, the median net worth of homeowners is around $400,000, while the median for renters is just $10,400. That's not a typo—renters, on average, have less than 3% of the wealth homeowners do. Ramsey even got a little nostalgic about the power of real estate: "Think about the neighborhood that you might buy in... what you could have bought that house for 15 years ago. That's what it's going to be 15 years from now." And while the husband might be fine roughing it for now, Ramsey warned him not to bank on his wife feeling the same. "When she becomes a stay-at-home mama, I promise you this—she's gonna want a house." Ramsey's final take? This couple's drive is rare, and they're already ahead of the game. "You're not going to be a broke guy because you're actually paying attention," he told the caller. But even the most disciplined saver needs a solid foundation—and in his world, that foundation has a deed and a mortgage. Read Next: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Invest where it hurts — and help millions heal:. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

Amazon drops Skechers deals from $20 — 15 deals I'd shop now on sneakers, sandals and more
Amazon drops Skechers deals from $20 — 15 deals I'd shop now on sneakers, sandals and more

Tom's Guide

time3 hours ago

  • Lifestyle
  • Tom's Guide

Amazon drops Skechers deals from $20 — 15 deals I'd shop now on sneakers, sandals and more

With summer on the way, you'll probably want to get some new footwear to help you make the most of the season. Whether you're on the hunt for a new pair of sandals, flip flops or running shoes, I have your back with this huge Skechers sale at Amazon. Right now, you can get the Skechers Slip-Ins Max Cushioning Elite-Smooth Transition Sneaker on sale from $40 at Amazon. We rank these as the best Skechers for walks, which is perfect if you plan to get out and about this summer. Originally priced at $110, huge discounts apply to this shoe in certain sizes and colors. Prices vary based on your choice of size and color, so check out the different color options in your size to find the best deals. Plus, see our Amazon promo codes and the deals I'd get from $19 in Best Buy's weekend sale. These Skechers Zinger Sneakers have been hugely discounted in certain sizes and colors, so act fast before this deal is gone. They have a soft Skechers Memory Foam insole underfoot to keep your feet comfortable, and a suede upper that looks premium and stylish. Score these comfortable Skechers sneakers starting from $20. They feature a Skechers memory foam footbed and come in four stylish color options. Reviewers on Amazon say these are sturdy and fit true to size. These Skechers Flip-Flops are perfect for summer, and they're an awesome deal at this price. Their 5Gen cushioning and knit upper make them comfortable and supportive, even when you're on your feet all day. Reviewers on Amazon also praised their lightweight design. There isn't much better on the beach than these Skechers thong sandals. They have a very supportive design, with a Luxe Foam cushioned comfort insole and a shock-absorbing midsole that means you can wear them for hours without any discomfort. They look cool, too. These Skechers are on sale for a great starting price, so don't sleep on this deal. They have a pretty metallic pattern across the side, with a super comfortable Skechers Air-Cooled Memory Foam insole underfoot. This simple, slip-on shoe is easy to wear thanks to the stretchy canvas material it's made with. They fit snugly and, shape-wise, are a bit more narrow overall to hug your foot sans socks. These Skechers sandals have adjustable straps, which is a boon if you often struggle to find the perfect fit. They also have a Massage Fit midsole, which Skechers says will massage your feet as you walk. These Skechers flip-flops are super cute thanks to their decorative crochet strap. But they're comfortable too, with Skechers Yoga Foam cushioned soles to keep you light on your feet even on long walks on the beach. What could be better for the summer than the Skechers Summits Summer Blush Sneakers? These come in a nice collection of three soft colors, and have comfortable Skechers Memory Foam insoles to support your feet. These sandals have a sporty look that makes them look super cool, and they have flexible traction outsoles that make them well-suited to difficult terrain. Plus, their knit strap will keep them securely on your feet and won't rub. Forget Crocs, because these Skechers have Comfort Pillar Technology on board! These provide extra support for your feet, especially paired with their contoured cushioned footbeds. These are great on the beach, because they have holes for ventilation and dry fast if they get wet. The well-loved Skechers Bobs B Cute have gotten an upgrade with this 2.0 version! They have super soft Skechers Memory Foam cushioned insoles and a cool distressed look. Plus, they have the look of laced sneakers without the need to tie them! If you're hitting the road, these Skechers are an excellent choice. Our Skechers Go Run Elevate 2.0 review said that these are great for beginner runners thanks to their affordable price point, bouncy and propulsive soles and breathable design. These hands-free Skechers are on sale at Amazon. They're lightweight, comfortable enough to wear all day and great for walks. We said wearing them was like walking on a cloud in our Skechers Slip-ins Max Cushioning Smooth review. These Skechers trail shoes just got a lot more affordable. These are water repellent and have an Air Cooled Goga Mat Insole, to keep your feet cool and dry even in tough conditions. They're also lightweight and have plenty of traction to keep you steady. One of the coolest and comfiest deals around is on the Skechers Max Cushioning Arch Fit Roslyn Sneaker. These lightweight sneakers are some of the best around for walks, with improved arch support and a removable insole to customize the support to your needs.

Skechers' Slip-on Shoes Are on Sale for as Much as 40% Off, and in Some Cases Even More
Skechers' Slip-on Shoes Are on Sale for as Much as 40% Off, and in Some Cases Even More

Yahoo

time19 hours ago

  • Business
  • Yahoo

Skechers' Slip-on Shoes Are on Sale for as Much as 40% Off, and in Some Cases Even More

The Arena Media Brands, LLC and respective content providers may receive compensation for some links to products and services on this website. Skechers' Slip-on Shoes Are on Sale for as Much as 40% Off, and in Some Cases Even More originally appeared on Athlon Sports. Are you in need of a comfortable pair of shoes you can easily slip on and off? How about a pair that you can wear to work, around town, and everywhere in between? If you answered yes, and you like saving money, this deal on Amazon is for you. Right now, Amazon is selling Skechers Men's Go Max-Athletic Air Mesh Slip-on Shoes for as much as 40% off (and, in some cases, even more). There are 15 colorways to choose from, and sizes range from 7 to 16, including wide-width versions. The original list price of the shoe is $65, and the lowest prices for the most popular sizes on Amazon range from $30 to $39. Furthermore, several color and style options also offer a coupon that allows you to save even more. Want the know the lowest price for each size (regardless of color)? I've done the legwork for you. At the time of publishing, for $30, you can grab the shoes in sizes 8.5 and 9.5. For $33, you can get sizes 9.5W, 11, and 11W. For $36, it's sizes 8W, 8.5W, 9W, 10W, 10.5, 11.5W, 12, 13, 13W, 14, and 14W. For a dollar more, you can get the shoe in a 12W. For $38, grab a 7W, 7.5, and 8. At $39, you can get the shoes in sizes 9, 10, 11.5, and 12.5. For $40, you can get sizes 7, 7.5W, and 10.5W. Finally, you can grab a size 15 for $42, a 12.5W for $47, sizes 15W and 16W for $49, and a size 16 for $57. "Amazing shoes for the price! Breaking in only took about two minutes, and after wearing them to work all night, my feet feel amazing. They're much cushier than my last pair of Skechers, and you can really feel them breathe and cool your feet as you walk outside. I can only hope they stand the test of time, but for now, they're a solid five stars," says a happy buyer. The product description on Amazon says: "Get the maximum comfort and cushioning for athletic walking with the Skechers Go Walk Max. Mesh fabric upper with cushioned, supportive sole design. Designed with Skechers performance technology and materials specifically for athletic walking. Goga Max technology insole with high-rebound cushioning." There are over 11,000 buyer ratings for these shoes, and they have an average of 4.4 stars out of five. Here's what one five-star reviewer had to say: "Bought these Skechers Go Walk Max sneakers thinking they'd be just another comfy pair for casual Fridays. Turns out, they are now my essential daily survival tool. Light as a feather, soft enough that it feels illegal to call them 'shoes,' and durable enough to handle my daily office jailbreaks. "Picture this: it's 2:47 p.m., my brain is melting, spreadsheets are plotting against me. I slip these on, and suddenly I'm Forrest Gump sprinting into sweet, sweet freedom—or at least around the block for a break before trudging back inside. They don't just cushion your feet; they cushion your soul. If you work in an office, need to sneak away before you commit professional crimes, or just want to feel like you're floating while you suffer through adulthood, these are the shoes. "The size 10 fit me perfectly. Navy/White/White colorway is sharp enough that nobody questions why you're wearing 'running shoes' indoors—they just assume you're prepared for anything. (Which, technically, you are.) "Final word: Buy them." Amazon offers free shipping on orders shipped by Amazon that are $35 or more. Amazon Prime members get free delivery on eligible items with no minimum order. Skechers' Slip-on Shoes Are on Sale for as Much as 40% Off, and in Some Cases Even More first appeared on Athlon Sports on May 27, 2025 This story was originally reported by Athlon Sports on May 27, 2025, where it first appeared.

Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead
Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead

Yahoo

timea day ago

  • Business
  • Yahoo

Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead

Most people call into "The Ramsey Show" wondering how to climb out of debt. But one recent caller? He and his wife are trying to do the opposite. They're in their 20s, fresh out of college, no debt, $200,000 combined income, six months of emergency savings—and their big question was whether investing 60% of their take-home pay was a little too much. Turns out, it might be. Not because they're saving too aggressively—Dave Ramsey loves intensity—but because they're skipping a key step almost every millionaire he's studied has taken. "Very, very few people that we have studied... that became wealthy used that plan," Ramsey said. "Instead, what they have done is they bought and then paid off a home." Don't Miss: Hasbro, MGM, and Skechers trust this AI marketing firm — Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The couple, who just got married and are currently renting, laid out their plan: live on her $60,000 salary and invest his $85,000 take-home in 401(k)s, HSAs, and other vehicles. Their goal? For her to eventually become a stay-at-home mom. But Ramsey had one question that changed the tone: "What about your house?" They didn't have one. And to him, that's a red flag—because he's seen what happens when people rent for life. "You can 100% count on rent going up your entire life as long as you rent," he said. "Your largest item is out of your control." In his book "Baby Steps Millionaires," Ramsey details a study of 10,000 net-worth millionaires. Most of them followed a path that involved a modest home, a long-term mortgage, and slow, steady investing. That's not to say saving 60% is bad—it's just rare, and in Ramsey's view, less efficient. "I would save a maximum of 15% of my household income into retirement... stop the HSA, build up a fat juicy down payment, and buy a house in Texas," Ramsey said. Trending: Maximize saving for your retirement and cut down on taxes: . And he's not just talking theoretically. The data backs him up. According to the Federal Reserve, the median net worth of homeowners is around $400,000, while the median for renters is just $10,400. That's not a typo—renters, on average, have less than 3% of the wealth homeowners do. Ramsey even got a little nostalgic about the power of real estate: "Think about the neighborhood that you might buy in... what you could have bought that house for 15 years ago. That's what it's going to be 15 years from now." And while the husband might be fine roughing it for now, Ramsey warned him not to bank on his wife feeling the same. "When she becomes a stay-at-home mama, I promise you this—she's gonna want a house." Ramsey's final take? This couple's drive is rare, and they're already ahead of the game. "You're not going to be a broke guy because you're actually paying attention," he told the caller. But even the most disciplined saver needs a solid foundation—and in his world, that foundation has a deed and a mortgage. Read Next: Inspired by Uber and Airbnb – Deloitte's fastest-growing software company is transforming 7 billion smartphones into income-generating assets – Invest where it hurts — and help millions heal:. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Couple Making $200K Wants To Invest 60% of Their Income—Dave Ramsey Says That's Great, But 'Build Up A Fat Juicy Down Payment' For A House Instead originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

The 'light as a feather' trainers that are 'better than Skechers' for under £31
The 'light as a feather' trainers that are 'better than Skechers' for under £31

Daily Record

timea day ago

  • Lifestyle
  • Daily Record

The 'light as a feather' trainers that are 'better than Skechers' for under £31

Amazon shoppers can't stop praising these trainers that are said to "feel like walking on air." It can be quite the task to find the correct pair of trainers. Not only do they need to be comfy, but they also need to be supportive at the same time. One brand that many will turn to is, of course, Skechers. However, for those who don't want to pay the famed footwear brand's prices, we have found the perfect alternative. On Amazon, shoppers cannot stop gushing over the STQ Women's Slip On Trainers that they say are "much better" than a pair of Skechers. With prices starting from just £30.99, they are certainly a cheaper option for anyone worried about money. With their slip-on style design and ultra-breathable mesh material, these trainers are said to be a fuss-free option for anyone who spends long periods of time on their feet, alongside anyone who suffers from foot pain issues such as plantar fasciitis. The flexible knitted material features an elastic cuff, making them easy to pop on and take off, while the wide fit fabric has been designed to make it feel like you are wearing nothing on your feet. STQ Women's Slip on Trainers £30.99 Amazon Buy here Product Description Crafted with over 1,000 ventilation holes, they ensure that feet don't get to sweaty during wear, while the memory foam insole provides good arch support, making it feel "like walking on air". Available to buy in sizes three through to eight, shoppers can select from eight colours including black, grey and pink. However, it's worth noting that the £30.99 price-tag is available on the black colourway. Of course, there's no denying the reputation Skechers has earned, and shoppers who prefer purchasing a branded pair can save money on the firm's GOwalk Joy - Centerpiece slip-in trainers that have been reduced from £55 to £40.99. Alternatively, since brands can be a bit more expensive, another pair that offer a similar design, but with a price-tag more align with the Amazon pair, are these Hush Puppies Slip-On Shoes that are £37.49, down from £75, at Debenhams. With the STQ Trainers posing the cheapest price-tag, shoppers might be happy to hear that they have earned a 4.4 rating based on over 5,000 Amazon reviews that suggest they are "light as a feather" and "really comfortable". Join the Daily Record WhatsApp community! Get the latest news sent straight to your messages by joining our WhatsApp community today. You'll receive daily updates on breaking news as well as the top headlines across Scotland. No one will be able to see who is signed up and no one can send messages except the Daily Record team. All you have to do is click here if you're on mobile, select 'Join Community' and you're in! If you're on a desktop, simply scan the QR code above with your phone and click 'Join Community'. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don't like our community, you can check out any time you like. To leave our community click on the name at the top of your screen and choose 'exit group'. If you're curious, you can read our Privacy Notice. One delighted shopper said: "Super lightweight, comfortable and a fab colour pink. Much better all round than the Skechers I bought at four times the price! Your feet will love these." A similar review read: "I am delighted with these trainers. I have always bought Skechers, but they are very pricey, so after reading the reviews, I thought I would give these a try. I wore them out this morning and they were really comfortable, no rubbed feet, I'm glad to say! I will definitely be ordering more in other colours, and what a great price." Fashion deal of the week Looking for a new wardrobe staple that will be comfortable all summer long? The Next's Wide Leg Trousers with linen might be up your street. In fact, they are so popular with other shoppers who say they "can't wait" to wear them when the weather heats up. Available in a selection of colours and prints, there is a pair for everyone. However, prices do range from as low as £22 to £49, but this does depend on the style that shoppers select. Ideal for balmy days, these trousers have been designed in a looser fit than usual and have been crafted from a soft material with added linen. Boasting the on-trend wide-leg design, it's no wonder shoppers are calling them "very comfortable" to wear. They also feature an elasticated waistband that won't dig into the stomach, while two practical side pockets finish the design. A hit for summer, these linen trousers can be paired with flip-flops, loose fitting tops and even swimwear when by the beach. Available in both petite and regular, they can be bought in sizes eight through to 20. Just a few options shoppers can choose from include a basic black, red and chocolate brown, while vibrant patterns of palm trees and florals are also included. Multiple colours of the Next trousers boast glowing reviews, as one reads: "Lovely flowing cut, very flattering. Can't wait to wear these when the weather is better!" A second shopper praised: "Great fit. Very flattering. Can be dressed up or down for day or night wear." Next's Wide Leg Trousers with Linen range from £22 to £49 and can be bought here. While someone else said of the shoes: "Best buy in the shoe department! Light as a feather, feels like I'm walking on air, perfect." Not all Skechers fans have been impressed, with one suggesting they were not worth the money, writing: "I bought this pair to replace my old Skecher walk on air trainer. It's a mistake. Although the shoes are light weight, they don't fit well. Just so uncomfortable." However, someone else comparing them to Skechers left a positive review that read: "I usually buy Skechers, but they are quite expensive. I wanted a lightweight, comfortable shoe that I could wear all day without my feet hurting/aching. These shoes fit that description perfectly. They are as described. I'm usually a size 6, but I ordered a 5.5. They fit just right. I'd definitely recommend buying these." here.

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