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Benzinga
Benzinga
Business
Ivy Grace

Dave Ramsey Says 'Stupid People Don't Make $175K' After A Man's $1,100-A-Month Cadillac Was Repossessed — 'I'm Picking On You For Your Own Good'

Dave Ramsey Cadillac
Crane,Ready,To,Tow,Elegant,Trolley

For anyone who's ever splurged on a car they couldn't quite afford, one recent segment from "The Ramsey Show" will feel painfully familiar. 

In an episode from the "Unforgettable Calls: Dave Ramsey's Greatest Hits" collection, the personal-finance host took a call from Chris in Dallas, Texas, a 39-year-old entrepreneur earning about $175,000 a year whose $1,100-a-month Cadillac SUV had just been repossessed.

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