I had friends tell me I was enabling my 23 year old son with college and expenses. I wanted him to focus on studies (he has ADHD). But every break he worked full-time somewhere to afford rent/books. We set goals each break to what he needed to earn. He is just graduated and works full-time job as a mechanical engineer a mile from home and kept his side hustle mowing lawns to pay down debt. There are seasons to help them. He asks for ZERO money now. We sat him down with baby steps and he was so grateful for the advice and budget template. He still lives home. We want him to get out of debt save up for house. We'll see where life takes him.
@Nicolespage0
7 ай бұрын
I have ADHD I wish I had a supportive mom like you. I believe your son is going to go thrive because you’re a great parent!
@cheerfulmouse
6 ай бұрын
Yea, I think they would say if you're clear and healthy about it, and don't have hidden expectations you can't fulfill, like you can't really support him, or expect a payment back he didn't agree to. It can work. But I hear their side too, most of the calls they get are coming from a place of unclear boundaries, or not well planned ❤
@gracecase998
6 ай бұрын
@@Nicolespage0 thank you for the kind comments. I was trying to make him successful as my parents never did anything like that for me. I struggled all through college financially and after.
@res6769
5 ай бұрын
Sounds like he is doing well, good job mom and dad.
@lisajane4330
5 ай бұрын
Good on you. Wish all parents were as supportive.
@caribou2636
Жыл бұрын
Everybody who complains that "$1000 isnt enough!!!!" forget that if you are having to save a $1000 up to hit baby step 1, then you had $0 before! quick math, $1,000 is more than $0! its progress!
@mkschiavone
Жыл бұрын
Yeah, this kills me. People fail to realize the crippling debt they have gotten themselves into is the bigger emergency, but we’ve been conditioned to not see it that way.
@rnt45t1
Жыл бұрын
How much is a furnace replacement in February?
@cherrypieforbreakfast1499
Жыл бұрын
It's an early psychological victory.
@tduck828
Жыл бұрын
I had $8k because I was in a condo just in case a special assessment was levied or something happened. I had that before I started daves program. That was not negotiable for me personally.
@caribou2636
Жыл бұрын
@@rnt45t1 could you have afforded a furnace replacement when you had $0 in savings? Caveat, I understand the trepidation for people who have $20k in savings while drowning in debt who don’t want to reduce it to $1k to pay down debt, but the huge majority of people have $0 in savings, so $1000 is way better than they were before.
@supertrooper5106
Жыл бұрын
George brought me back to Ramsey content. I really enjoy his sense of humor.
@GeorgeKamel
Жыл бұрын
Welcome back 👊🏼
@mikey1220
Жыл бұрын
Same!
@lizpleszkoch403
Жыл бұрын
Same!! I love his podcast The Fine Print!
@matthill2957
10 ай бұрын
George is my favorite to
@DarthVader1899
9 ай бұрын
George just regurgitates daves words has no original thoughts. Come on dude. Also get the Nissan accord foreign cars out. FORD FOR LIFE.
@traciejones6491
3 ай бұрын
George is so right about buying groceries versus eating out. Groceries even in inflation come out cheaper per serving. Also, junk food and excessive adds up. That could be very expensive. But basic foods and healthy stuff still come out cheaper than restaurants.
@tayloranderson8981
Жыл бұрын
I use the snowball method with everything. That’s how I did my homework in high school. I’d start with the assignments that were easiest and/or took the least amount of time and worked my way up. Worked like a charm. And I did it with debt and now I’m debt free.
@pnwflipper2089
Жыл бұрын
Yes! I use it for household chores, knock out the quick easy rooms like the living room and office first so I can feel like I am accomplishing something!
@realSamAndrew
11 ай бұрын
But all homework costs the same. Different bills cost different and every passing day racks up more charges. Why do they not tell you to consolidate all into just one? And get a really low rate on the one?
@stevenbeach748
8 ай бұрын
Psychologically it’s best to have many loans rather than just one huge one for the same reason the snowball works better than the avalanche
@elcheekoful
7 ай бұрын
Yep me too. Moved in with gf. It all went downhill.
@silentbovo1
6 ай бұрын
@@realSamAndrewI don't disagree with your latter argument but not all homework does not cost the same. Different assignments can be weighted differently. Also, contradictory to the original sentiment, if all home work "costs the same" in terms of weight, you finish the ones that you can finish faster as this reduces the risk of losing credit if something were to happen that prevented progress mid-completion of all the work
@katelynbroussard452
3 ай бұрын
The quote “you are who your friends are” is so true and that bleeds into what you watch as well. Step one to getting better is listening to podcasts and videos like this to remind myself of my financial pitfalls
@michaelcarter266
Жыл бұрын
Credit cards are like alcohol. Some people can handle it others can’t. If you can’t than don’t do it.
@ludwigvonsowell5347
Жыл бұрын
I think it’s worse. A bunch of on paper claims and schemes to efficiently use them and about half to 3/4 of the country has 0 business even bothering with it.
@RealGalaxyGamers
Жыл бұрын
And 99.99999999% of people can’t handle alcohol. And even if they do, it’s still playing with poison.
@jill9606
Жыл бұрын
The problem is that so many people *think* they can handle it when really they’re doing very poorly with it. They don’t want to admit the credit cards are screwing them over.
@lscott9263
Жыл бұрын
The problem is for those going through Ramsey's course; they are mostly financially incompetent and in debt. So I have come to terms with Ramsey's NO go zone for credit cards for his followers. But once you get financially competent; you graduate from the improper use of debt (credit cards) being a chief example, and learn how to master lines of credit and debt to your financial advantage. Those who still stay stuck in No credit card mindset either hasn't advanced in wisdom financially speaking; or like alcoholic anonymous folks like to wake up every morning assuming they will always be an addict and so should live their life accordingly.
@ludwigvonsowell5347
Жыл бұрын
@@lscott9263 point being more full blown adults than we would like to admit are financially irresponsible.
@truthseeker6370
Жыл бұрын
The behavior change is Huge! I can personally attest to that! After getting out of debt, Every dollar spent is now a major decision.
@74Voyeur
Жыл бұрын
I agree! I wrestled with temptation to use the credit card, but discipline won. The discipline muscle is growing!
@joelmolinares8434
11 ай бұрын
Congrats, I’m finally starting
@truthseeker6370
10 ай бұрын
@@joelmolinares8434 if you actually follow the baby steps- I promise you will be amazed at your progress- and the mind shift that takes place from the process and progress. Go get it man!
@barrybegley5379
Жыл бұрын
Well Guys ... as an observer and a follower of the Ramsey Show for several years now, I must say that Rachel and George have an online chemistry and charisma that just WORKS. Thank You both for All that you do for the community and for the Biblically sound advice that you offer. I could watch you both every day. Thanks so much. Greetings from Ontario, Canada.
@kaeros5521
Жыл бұрын
I agree. They’re helpful and fun!
@erikgutierrez3613
Жыл бұрын
I think they work well because they're both in the same generational age group and can relate to each others jokes.
@lovenature7823
Жыл бұрын
@Loveofdecorating
Жыл бұрын
Well I personally know that we eat out WAY TOO MUCH….. my husband is an avid hunter and we have plenty of meat in the freezer…. So I decided to see if I could do this “beans and rice, rice and beans” meal planning thing to see how much money I could be saving… 😮… well using some of what we already had in the freezers plus canned and frozen veggies we already had, and then meal planning for the week .. made my shopping cart for Walmart and my groceries for Supper only came out to $49.73 for a whole weeks worth of meals!!!! 😮😮😮 what?!? I spent $180(+) dollars the other night for (4) people….!! On 1 meal!! 😢😢😢 I have to start doing this Rachel and George! Pray for me on this budgeting journey! 😅
@Cherrycola14
Жыл бұрын
I spend under 200 a month we do eat out Chinese once. But between the garden, milk I get free from work and free meat from my hubby's job we don't have to buy much. I use flashfood app and I buy only when on sale, no name brands, more when cheap.
@amiegamble1678
7 ай бұрын
Frugal Fit Mom, See Mindy Mom, The Frugal Girl are a few of many simple eat from your pantry and budget cooking recipes. Google pantry challenge or pantry cooking. You can Google recipes based on ingredients or borrow books from the library. Try copycat recipes for simple dishes you like from restaurants.
@drlax15m
Жыл бұрын
married couples need a main joint account, i think each having a small personal slush fund account that is accounted for in the budget is reasonable, good place to buy gifts from too
@BlueDauntless
6 ай бұрын
That’s what we do. We have our joint acct. We both have other accts that we use for our play money. We can still and access the account if we wanted to, but we haven’t.
@ColleenKelley-fp4fd
4 ай бұрын
I knew a married couple who kept their money separate and even had their income tax refund split into his and hers. One year she bought a washing machine with “her” tax refund. She got mad at him and refused to let him wash his clothes in “her” washing machine! 😮
@drlax15m
4 ай бұрын
@@ColleenKelley-fp4fd that doesn’t sound like a marriage 😂
@michelleh4717
Ай бұрын
that's the same thing they're saying though. it doesn't matter where the money is, it's just how it's distributed
@rjharris4392
24 күн бұрын
Yeah there’s bank accounts now where this can be set up all in one app and you can instantly transfer money in and out of each account
@tinasapienza6552
Жыл бұрын
These guys really are my new fave team for Ramsey Solutions.
@katyedwards3935
Жыл бұрын
The two of them need to take over for Dave when he's done with the show.
@rebaparker3714
Жыл бұрын
Add jade and perfect trio!!
@katyedwards3935
Жыл бұрын
@@rebaparker3714 I guess
@1stgenhustle461
Жыл бұрын
@@rebaparker3714Jade is fire!
@brendahawkins8211
9 ай бұрын
George is Cool...Love his sense-of-humor, and he works well with everyone...pretty much.
@mattrebeccasavage5606
Жыл бұрын
My two sons (age 10 & 12) and I have been listening to each of your episodes and we love them. The boys ask to turn on an episode each time we drive somewhere. They are so interested in money thanks to George & Rachel. Keep up the awesome, fun & laughter. My husband and I also have decided to do our own at home happy hour when we have our budget/money talks.
@melissam627
Жыл бұрын
What I can’t figure out is why these haters keep listening. If they really don’t agree with your advice, all they have to do is quit watching/listening. Maybe you guys are hitting a nerve! Keep up the good work!
@15KHPCLUB
Жыл бұрын
Um, you do realize Ramsey personalities ridicule anyone who disagrees with them? So they're contradicting themselves.
@Matt-cr4vv
Жыл бұрын
Ridicule is a bit dramatic. But do they tease people when they call in to them, ask for their advice about it, and then argue the answer they already knew was coming? Absolutely. And they should. But let’s just say they truly do ridicule whoever dares to disagree with them (I haven’t heard anything to that extent but I’ll concede it). But if you truly think their advice is stupid and you hate what they offer why would you care the slightest bit if they ridiculed you? If you truly think someone has it all wrong it’s hard to understand why you’d ever care what their opinion or what they say is. I don’t value or care what the opinions of someone who’s I don’t think has the right views happens to be. If I think you’re off base entirely and you make fun of me that doesn’t bother me even a tiny bit. For me to be hurt by you I have to value your opinion to begin with. So again if their opinions on this stuff brings you consternation it makes no sense to keep tuning in to something that brings you negativity.
@IAmebAdger
Жыл бұрын
You can be a fan and still hate on one or two aspects. You can like everything about them except for this one thing that you then have to complain about.
@scottcampbell96
6 ай бұрын
I don’t think the haters keep listening. I think new people see one video, then comment, and then never come back. KZitem ensures there will always be new people.
@stephnejele2483
3 ай бұрын
even a blind squirrel finds a nut every once in a while
@Lamarche1959
Ай бұрын
I have nothing against FA's, they play such an important role in keeping millionaires and dividend investors like me wealthy, that's why I always give them their flowers. IMO investing without seeking the opinion of an expert isn't wise. I started investing on my own, but the market was tough. I hired a financial advisor, despite initial skepticism, and we've grown my portfolio to seven figures in five years.
@Dailypalamides
Ай бұрын
One of my goals is to employ the service of one this year. Could you recommend who it is you work with?
@Lamarche1959
Ай бұрын
I use "Dianne Sarah Olson's" advice to reach my development objectives and stay away from blunders; she is a highly qualified.
@Norrieey
Ай бұрын
Thank you for this tip. It was easy to find your FA on the web, Did my due diligence on her before reaching out to her. She seems proficient considering her résumé.
@AdamsFerguson
Ай бұрын
Looks like she really knows her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive.
@rdmineer1
Жыл бұрын
Combining finances is occasionally an error. My wife of 29 years was a shopping addict. The Sears, Penny's, Goodwill, didn't matter where. Online accounts became the worst, most accessible without real effort. All accounts plus CCs were opened by her in my name. While I worked two jobs and ran a small business simultaneously, she was running them up and spending every nickel of cash and borrowed from her parents behind my back to buy more and try to keep them open. The bank register entries were rounded up or down, not one exact figure. She was like a drunk with keys to the liquor store. Finally had to file for bankruptcy and take those keys away by opening a separate account to get control of everything. Once an addict, always an addict. There was no turning back.
@greasechoreography5501
Жыл бұрын
Well in calls Dave has always given the caveat to couples where one has a gambling or shopping addiction.
@tugboat2030
11 ай бұрын
If she was opening cards in your name, that is illegal and not what Dave is talking about. He does recommend having one partner in control of the money with the other on an allowance if there is serious misbehavior.
@bettygrable6440
9 ай бұрын
So your exception proves Dave’s wrong? Sounds like a marriage problem
@kunya16
9 ай бұрын
They always say abuse, addiction etc are exceptions. They aren't wrong. Married people combining finances is good in every single healthy marriage. Your wife has (d) an addiction and was(is) a criminal.
@SparkeyCox
8 ай бұрын
@@kunya16 I have to seprerate the household account - due to wife and health issues with meds. Bottom line- I keep her 100 percent in the loop. By doing this - we have ourselves in a great place financially.
@b.c.2836
Жыл бұрын
I like Rachel sharing the picture of putting the problem "out there" separate from the couple. It is a great way of looking at things and issues that may arise in a marriage.
@seth_godwin
Жыл бұрын
I can confidently say George is a good person
@GeorgeKamel
Жыл бұрын
😂 Thanks buddy!! Good to see you in this cesspool of a comment section.
@ItsapaulPlays
3 ай бұрын
The $4 a meal thing is real, and I rarely hit $3 a meal personally. I've also had college professors confused that I pay cash for everything, like they didn't know how I did it. And they were teaching me about business...
@KatherineKuehn-Bao
Жыл бұрын
I am so happy you two have a show. You're definetly more relatable 🙂
@BradColemanisHere
8 ай бұрын
Great explanations and I love that you can make all of these points without shouting or calling anyone an idiot. You guys are doing great things. Rachel's voice is what today's young couples need.
@waynelawless6699
Жыл бұрын
George had me laughing so hard I am crying!!! This is his platform to start a side hustle in stand-up comedy. More of this! Keep up the great dynamics with your winning personalities and friendly conversations!
@crystalrobinson916
Жыл бұрын
I work in the restaurant industry. Most Chefs food costs are 30% inflation. (food shopping, electricity, labor costs) Plus server tip.... plus tax plus.. It adds up.
@DannyNomad
Жыл бұрын
The irony of married folks not combining finances is that in most states their finances are combined because of marital property laws.
@stevenporter863
Жыл бұрын
That is why pre nuptial agreements exist.
@DannyNomad
Жыл бұрын
@@stevenporter863 Pre-nuptial agreements routinely get invalidated by the courts. They are not the bullet-proof cure-all that many people believe that they are. The only surefire way to not risk your assets is to not get married.
@WhiskeyActualTV
7 ай бұрын
yea but most people don't actually get pre-nup's and still divide their finances.@@stevenporter863
@nowayeddamae
Жыл бұрын
CRYING laughing from the mean tweets segment. PLEASE do this again in a future episode!
@ErnestinaObeng-zo2di
Жыл бұрын
Rachael and George, keep teaching us. We need this teaching and it’s coming from a good heart❤
@Mamamischa
Жыл бұрын
I drive a 2011 Honda odyssey and I can’t believe how much I love it! 😂
@keiranninjaspirit
7 ай бұрын
Well done..you own the car🎉
@christinehopping
Жыл бұрын
George is 1000% CORRECT. I am single income with > $1 million net worth debt free, and I eat mostly peanut butter jelly sandwiches until my mortgage is paid off. It's super cheap and you pay no tax on groceries. I live in California no family no government assistance. You can be debt free if you listen to these wise people.
@traciejones6491
3 ай бұрын
I paid off $9,993 in student loan debt and $12,000 on my car to be debt free, following the program. I was single and worked all I could. I was in a ratty apartment. I definitely lived the pb and j meal plan, too! It was the only way I could do it successfully. Now years later, I am married and we live in a small affordable house. It has been wonderful to have come into our marriage without student loan debt and driving my paid off car. It feels good!
@pingupenguin2474
3 ай бұрын
Christine-eat some veg/fruit as well. Don't want to end up with big medical bills because your body is not getting a balanced diet !
@joanebf
Жыл бұрын
I love how their outfits match the neon behind them. Great branding!
@billangell6478
11 ай бұрын
George is good, he’s been great about pulling the Ramsey network into the modern times. I love Dave’s phone call content and will continue to watch it, but it’s nice to have a new face. Maybe we can get the money guys on the happy hour!
@debbied8525
9 ай бұрын
Love The Money Guy. Great idea since George has had them both in his car.
@josephcler3299
Жыл бұрын
I really enjoy your show, but the one thing that does bug me is that I have been using credit cards to pay my monthly bills all my life and have paid them off every month. I have never paid a penny in interest. I do get points which I can use as cash against the balance on the card. Not all people are reckless with credit.
@GeorgeKamel
Жыл бұрын
It’s not about being reckless. It’s the proven psychological fact that you overspend when you have no emotional connection or pain to the money being spent. On top of how predatory and disgusting credit card companies are.
@Matt-cr4vv
Жыл бұрын
I don’t get why people care that they dislike credit cards. If it works for you then roll with it. You don’t have to agree with every little thing and being upset about their view on it as if it’s a personal insult is just silly. They’re not going to approve of it so I don’t get why people still try. The majority of credit card users don’t handle them wisely hence their dislike of it. But if that isn’t you then roll with what you want because being upset with it is just silly to me. I disagree with some of their stances and that’s on me.
@cartrefproperties
5 ай бұрын
I agree you do spend less when not using a credit card. Having experienced debit card scams they do offer more protection. I choose to shop like there is no return policy, like it was when i was younger, that stops spending as well
@babycomo
6 ай бұрын
No hate, but credit cards are vastly safer for fraud. Its proven. If someone charges $ 1000 bucks on a CC its not your money and have 30 days to get it taken off the account. If that $1000 was on debit, the majority of Americans who cant cover a $1000 emergency can not survive for 30 days while the bank investigated. There should be some other product that meets somewhere in the middle.
@SECRETBETTER
7 ай бұрын
As someone that lost money due to a fraudulent purchase, the bank WILL NOT refund your money if you willingly gave the crook your information over the internet or phone. I used to my debit card to make a purchase online, found out they defrauded me, lost the money. Went to the bank, explained what happened and to dispute the transaction, banker told me since I willingly made the purchase, I was out of luck.
@zackcinq-mars2129
7 ай бұрын
Totally agree, something similar happened to me but on my credit card and my CC company actually reached out to me, and refunded me without me asking. A bunch of fraudulent charges went through and got reversed before I even saw them. I have so many issues with their credit card stance. Not having a credit score can be a major problem later in life not just a "minor hoop" to jump through. You can save 1000's of dollars in interest by having even a slightly higher credit score when getting approved for a home loan. Treat your credit card like a debit card and you'll get all the benefit with none of the risk.
@BlueDauntless
6 ай бұрын
This is where I have a hard time with the Ramsey stance on credit cards. Getting fraudulent charges taken care of is really hard with banks. Especially if it’s a place you’ve done legitimate business with before. A credit card? Just make a call and the charges are removed and they’re taking care of the investigation. You really can’t beat the difference.
@DH-hl5tc
4 ай бұрын
You willingly did it. Remember that.
@markworkman6576
Жыл бұрын
Hey George! I want to start out with saying I agree with not using credit cards. I believe the issue with debt card theft vs credit card theft is the hassle factor. If the debit card number is compromised it usually takes a week to get a new card and two weeks to get your money back. It makes it much more inconvenient to make purchases if you don't have cash on hand. The worst case they took the money that you allotted for other things in your budget and could possibly be short if you don't have a full funded emergency fund. Addressing that issue or acknowledging it may help someone get on the no credit card band wagon. Love what you all do and thank you for all of the content!
@cristyrobertson9165
Жыл бұрын
One way to solve that issue is run 2 checking accounts. 1 your bills pull from, all auto drafts etc. and it has no card. Then 1 you keep “cash” in for the debit card most of the time we move money into that account as needed or smaller amounts at paydays to cover planned shopping trips. It has its down falls of wait is there money before you swipe but no one can get much if it’s compromised. At least at our bank it’s unlimited transfers between checking accounts, and we have used this method at 2 banks now.
@libbyneefe1075
Жыл бұрын
Exactly. They’ve actually address this, and said to just have extra money in your account, but if you’re on baby step two, throwing every penny you can at debt, you may not have any extra cushion. A similar situation happened to my husband and his dad back when they were visiting colleges. They were driving down from out of state and staying at a hotel for a few days. They went to check in, and the clerk accidentally double charged their debit card. He immediately canceled the second charge, but the bank had already put a hold on the money, and it was going to take several days for it to clear. If they had been in a better financial position, this wouldn’t be a huge deal, but because they had such limited funds, the extra money being tied up in meant they didn’t have any additional spending money for the trip. I’m not sure what they ended up doing, but it was a very stressful situation.
@vicenteyanez671
Жыл бұрын
They didnt address one of their most hated advise, investing. They argue to invest 15% of gross in active mutual funds with hefty fees because they “consistently beat the market”, but thats very bad advise for most folks. Index funds are the way to go
@JohnathanBach
Жыл бұрын
To each their own. When you start a financial advisory company that’s worth $200M+, I’m sure you’ll be able to make your pitch. BTW, I’m more an index fund kind of guy. Dave is clear that index funds are less of a risk.
@IAmebAdger
Жыл бұрын
@@JohnathanBach "To each their own" is a nice general saying and all that, but we've still got to look at the underlying arguments in any situation, which I'm kind of confused about in this case tbh. There is research from S&P to show active mutual funds underperform their benchmark index like 95% of the time, and the ones that are currently overperforming are not necessarily going to keep doing that as the market shifts. Also the fees have a huge effect on long term gains and people often underestimate or overlook that. I'm told that some combination of passive and factor investing can beat purely passive low cost investing in the long term, but I doubt that is what is being meant here and this approach is not fitting for most people anyway.
@TheThreatenedSwan
8 ай бұрын
It's not possible. You would have to have a system that predicts the next market beating fund every year because it's almost never the same one year on year let alone 3 or more years in a row. And ok, it would be one thing if Dave just claimed he had such a system, though if you did you would never talk about it, but he claims it's easy and that anyone can do it. He's just lying. I hate when people shit on him for beint Christian or vaguely conservative, but it's very telling about his cult mindset that he can stand anyone on his team disagreeing or even a caller explaining basic probability and risk to him about why it doesn't work. If they do he'll dwell that whole show and subsequent shows inventing new insults about people who do math
@learning.finances
5 ай бұрын
@@IAmebAdgerIt is called the SPIVA report and comes out twice a year. You are correct that index outperform 85% of active funds over a 5 year period. It's even higher over longer periods. Passive index investing isn't profitable for financial advisors and thus why most don't recommend them. Plus, index investing is pretty simple and thus with a little knowledge a person can do it on there own and then of course the person thinks, "Why am I paying a financial advisor all this money in the form of fees just to invest me in index funds." As a Christian, I feel we, including Ramsey solutions who are Christians, need to be authentic and not mislead people about investing just so one can make extra money in the form of fees and commissions, which further decreases one's investment return. I think Ramsey solutions has a lot of great advice in other areas but the investing advice is what troubles me.
@andrewilliamson4926
Жыл бұрын
Banks don't offer similar protection on debit cards. When my daughter suspected fraud one evening, but we didn't call until the following morning, the bank refused to restore a charge made that morning, because they said that was on us. So no, you don't have the same protection with debit cards.
@TTaddicted
Жыл бұрын
Can I just say, I love how you took at the criticism in a lighthearted manner and just joked along. I think that is a great way to handle all the "haters". Also, I appreciate that this podcast also uas video. Because the visual reactions were PRICELESS in this episode. There is always going ro be someone who doesn't like your advice, so might as well "shake it off" and keep going 😉
@2012goodjoke
Жыл бұрын
When people are nervous or feel guilty about something they laugh, it's human nature.
@modfarmgirl5671
Жыл бұрын
I love you guys!! I laugh so hard each episode! It truly is like hanging out with friends.
@BigPictureYT
4 ай бұрын
Slow cookers like the Crock Pot and Ninja Foodie are a great blessing for families on a tight food budget and people who don't know how to cook. Carrots, potatoes, and cabbage are the cheapest vegetables. Pork shoulder, chicken legs, and chuck roast are the cheapest meats. Aldi's has great prices on eggs, dairy, and fruit.
@BA-tu5eb
Жыл бұрын
I just found this podcast. You are both hysterical while providing wise financial principles and encouragement! Thank you!
@mrsh2167
6 күн бұрын
A few thoughts. Love the program. I got into scary debt years ago and started living differently. It was tough at first. the first time I heard Dave on the radio, I was already doing the steps. It took longer than a couple of years to get out of debt, but so worth it. Separate finances offer no protection in a divorce. Of course, eating out is much more expensive than eating at home, always has been.
@Lourd-Bab
2 ай бұрын
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@Lourd-Bab
2 ай бұрын
@JacquelinePeters03 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitment.
@Lourd-Bab
2 ай бұрын
@JacquelinePeters03 Clementina Abate Russo is her name
@Lourd-Bab
2 ай бұрын
Lookup with her name on the webpage.
@Lourd-Bab
2 ай бұрын
@JacquelinePeters03 You are welcome
@lindawilson4625
Жыл бұрын
When I was growing up when the family would stop at the bar, attend wedding receptions, parties, basically anywhere cocktails were being served with children being present, the boys were given a Roy Rogers and the girls got a Shirley Temple. Thanks for the memory :-)
@DaveFlorida
8 ай бұрын
Ramsey’s rules are great for those people who have negative money behaviors or those looking to get out of debt and build solid behaviors. If you have good behaviors and looking to optimize your finances, then the baby steps may not be the best approach. Both approaches have value for their particular roles
@HarvestingFaithHomestead
6 ай бұрын
Idk if anybody will even see this since it’s been 9 months, but George is actually my favorite of all the Ramsey personalities. I honestly don’t understand why he gets so much hate. My husband and I visited the studio in 2018 I think (?), when George was still the MC, and we got to hang out with him almost all day in the lobby. It was so much fun! We got to meet Dave and Rachel too but it was only for a few minutes in the lobby on the commercial breaks. I got a selfie with George and it’s honestly one of my favorite memories
@kgthegent
Жыл бұрын
I don’t hate any of this advice. It’s the “yOu ArE DuMB iF yoU DoN’T dO ThiS” attitude towards some of the advice that gets an eye roll from me
@malachilining2730
Жыл бұрын
Yeah George is so much this way.
@learning.finances
5 ай бұрын
Would love to see an episode on why Ramsey solutions advocates active funds and not index funds. It would be great if the episode includes discussion on the SPIVA reports, fees, and commissions associated with certain active funds.
@Sahmgirl
Жыл бұрын
Enjoy the two of you together! Yall are a riot!
@savannahgarza9741
4 ай бұрын
Regarding giving family money. My moms family is a mess. Its hard for my mom to say no when they are in a bad spot and might not have food on the table, or need medicine (or had legal trouble). She is continuously bothered for money. Some pay her back, some disappear. She is always left feeling like a piggy bank. Growing up with that, I learned to be much more guarded. I dont feel obligated to help just because we are family. Sometimes you still feel really bad about letting your family suffer. I made a personal policy. I will help over and over until someone doesnt pay me pack. I also dont give anything I really need to see later, and consider it part of my "wants" category. One person so far never paid me back. Even after getting a 12k settlement that they blew through in a month. I consider it a one-time gift (that will not happen again). I can still go to a party, hug them, chat, without the bitterness.
@nathansautodetail
Жыл бұрын
As a general rule I don't like credit cards. It's not good at much of anything. Interest is crazy, rewards are a joke, I've always been able to use my debit card for things that people say you can't, and I've gotten any compromised transactions back same day with the credit union I have my debit card through. That being said, I've kept my credit card open and unused and this week I am glad I did. I started the debt payoff in Feb and was reluctant to go down to $1000 emergency fund. After doing it for awhile I realized how much money I bring in a month and found I was able to cashflow any emergency I hit. So I dropped my emergency fund down to $1000. This month I have been having health issues. I never have health issues. My insurance has a $12,000 deductible so it's really only catastrophic coverage because that's all I can afford. I had $4500 before and that was too expensive and still wouldn't have helped. I ended up having to visit the ER last weekend and was stuck with a $2000 bill that I was required to pay right there as they wouldn't take my insurance (not that it would have made a difference). I was given the option to go to the hospital instead of the standalone ER because they have payment plans, but they said it would be more expensive. They didn't know what the total cost would be up front through them but said it would be as much as $3500. I decided to let them move forward and paid $500 on debit and $1500 on credit. I will be able to pay that off before the end of the month, but at the time $2000 is all the liquid cash I had. Yes, I could have gone to the hospital instead, but I'd still have debt, and more of it that I may not be able to pay by the end of the month. Had I not kept my credit card, I would either be in a lot more debt to a hospital or else be in a very large amount of pain for this entire week while I waited on my urologist's snails pace and not been able to work because of the pain.
@Al-rn5qy
4 ай бұрын
Great video, George and Rachael. I'm so glad I came across your channel, because this is stuff I really needed to hear. I'm not surprised you get haters. I find that people don't like being told what to do, even if the advice will benefit them. I've taken courses in and watched videos on marketing and you know what they say: "people buy on emotion, then justify with logic." So when people get upset about being told not to use credit cards, or car payments are keeping them poor, they are simply the victims of good marketing-marketing by the very industries becoming rich at their expense! Of course everyone has the right to do what they want, but please keep up the great work because these videos are really helping people (myself included 😉👍).
@katiebwheeler
Жыл бұрын
I totally agree about combining finances with your spouse. Working together with my husband, planning and dreaming and making those goals become a reality working together with our money has been a wonderful thing for our family and our marriage.
@annie4horses
Жыл бұрын
Say it louder!
@KC-dr3cg
Жыл бұрын
Better to remain separate in case something happens..death...disability like early Alzheimers
@katiebwheeler
Жыл бұрын
@@KC-dr3cg that’s kinda ridiculous, things do happen in like, when things happen you deal with them and having it combined makes it easier if something like the examples you gave happens not harder…
@annie4horses
Жыл бұрын
@@KC-dr3cg Nope. In that case, you set up POA long before the disease takes hold which can be years. You can also set up a living will.
@scottcampbell96
6 ай бұрын
Telling people there is only one way to achieve financial success is a sure way to be criticized. I don’t think people are actually out of line to point out that success and wealth can be achieved without these hard and fast rules. Some topics, like eating at home vs eating out, are clearly just an equation. Some topics, like using credit cards and combining finances are preferences. While combining finances can work for some marriages, so can maintaining individual accounts.
@AnaLucia-wy2ii
2 ай бұрын
They never claimed there is only one way. Their method is simple and works for everyone. Personally, I use credit cards and never saved for kids college. We signed Parent Plus loans. But their advice is sound.
@Kgirl691
Жыл бұрын
Go George! I agree with never loaning money to family, I’ve seen the relationship with family due to money be destroyed. Such wise advice! My dad would not co-sign for me to buy my first car and to this day I agree that it is so wise.
@FTG2Eli
Жыл бұрын
Same here. My father refused to co-sign for me to buy a car that I wanted. I only understood years later and stand on that same soap box today. But, he was never able to explain why he wouldn't co-sign........I found out on my own with life experience. Now I'm able to explain why that's not a good idea to those who expect their parents to co-sign for them.
@annahopp
Жыл бұрын
Cooking is so much more fun than eating out. I get to make something new every time and even my most expensive meal is less than Applebee's.
@tonyyork7211
Жыл бұрын
I am a late comer to this video but loving it a lot. I get that it is completely ideal to be 100% together with your spouse on your finances. I would love for this to be the case in my family. My wife cannot be persuaded to not use credit. If I try to force that on her she would probably find me a tyrant and it would end in divorce. We had many conversations about budgets early in our marriage that ended with her crying even though I was as gentle as I could be. She would say that it felt I was just concentrating on what she was spending and judging her silently for it. She also is a new car person… I am a drive it til the wheels fall off with no payment kind of guy. Unfortunately, there is no way to both have a budget and not have a budget. So I am the bookkeeper and every month I send her an itemized listing of our collective bills and what her half is. She sends me the money and I pay the bills. She finds me awesome for this instead of a tyrant…. Not ideal but I gotta choose staying married over the ideal financial circumstances.
@IAmebAdger
Жыл бұрын
Every couple can make use of couples therapy just like every person might find personal therapy useful. Some therapists even help talk through money issues. There's it seems some sort of fear of running out of money at play here that is keeping your wife from using a debit card and sticking to the much more flexible credit card. Emotions like that can be unpicked with professional help.
@khope2580
6 ай бұрын
Kind of sad as an adult she can't and won't respect your financial items.
@mialovestravel
5 ай бұрын
If she’s paying off credit cards in full and isn’t carrying any credit card debt, there’s no problem. Unfortunately, George’s points about credit cards in this video aren’t correct. CCs offer better fraud protection and, if used responsibly, the benefits of credit card rewards can greatly outweigh the cost of a little extra spending that one might do.
@BachBeethovenBerg
Жыл бұрын
I guess I've beaten the odds with credit cards. I've never ever ever paid interest in almost 10 years of using credit cards but I've been raking in the points. I have all my cards on auto pay and I keep very close watch on my budget and my cashflow.
@jangle318
Жыл бұрын
We’re in baby step 3, so thankfully I’m not worried about the $1000 EF anymore. My only concern in our situation living in South Louisiana when having the $1000 EF is hurricanes. We are still trying to recover from hurricane Ida almost two years ago (we didn’t have near as much damage as many others in our area but still had over $50k in damages). Thankfully when Ida hit, our deductible was $1000, but now that is not available in our area as many insurance companies have left the state (including the one we had) and we’re lucky to find a 3% deductible (most are 5%). Unfortunately we’ve just been hit by too many storms in the past several years and it’s hard for us to keep up, especially now that our deductible is so much higher. When Zeta hit the year before Ida, we had a different insurance company with a higher deductible (and we were in baby step 2) and had to replace our fence and other things out of pocket because it was below our deductible amount but well over the $1000 in our EF.
@margie909
Жыл бұрын
People may hate on your messages, but it would be impossible to hate either of you! You're both lovable and genuine!!!
@robingatchet8561
Жыл бұрын
I look forward to this show every week and think you're both halirious 😂 and I feel you both would be a blast to hang out with 😂
@KatrinaTapio
3 ай бұрын
I know some people can handle credit cards in a smart way that actually gives them a lot of benefits. But I have had to realise that I am not one of those people. No more credit for me, it becomes far too difficult to control those impulses when you're dealing with "fake money" instead of the real stuff, that actually runs out and prevents you from paying your bills.
@ruthclark8680
Жыл бұрын
So happy to see you two can laugh about the mean tweets/comments. The purpose of what you both do/ "stand on" is the accomplishment!! - Stay strong
@free2roam492
3 ай бұрын
Just getting to watch this episode and we have been laughing none stop. Wow people are so mean and not informed. Love you guys. 😊
@donnadagostino7717
Жыл бұрын
Love cooking at home and driving a used car. Cars are made to last a lot longer, but you I do have a reliable mechanic!
@Kurtdog63
10 ай бұрын
I would at least double the first step and go with $2000 in the quick emergency fund. I did the snowball debt reduction and it is all gone except a small house payment. The last two used vehicles we bought we paid cash for. Thanks for a lot of great advice thru the years under the Ramsey program. Keep up the great work and commentary. Guessing most of the haters are broke and never really took your advice anyway.
@darinzarzecki9274
6 ай бұрын
I did Ramsey for years. Everytime we saved the $k, something broke and then we had to save it again. Unexpected medical bills, cars, etc. Decided to save 3 months of expenses in a high yield savings and we are way better off for it.
@TallyDrake
2 ай бұрын
Sorry, but this comment doesn't make sense, imo. So you saved the 1k and had to use it? That's what it was for! So you had to save the 1k again and use it? That's what it's for! So now you say you are saving some other way, but you are not saying you have had to use the money...what does that prove? That your luck has changed and you have had no more emergencies? Do you have access to that money without incurring penalties? Of course, if you can save more than that 1k in a place that makes you more money, that's wonderful. Imo, having 1k in ready cash is a smart move, 2k is even better.
@darinzarzecki9274
2 ай бұрын
@@TallyDrake It makes total sense. I can access the money anytime without penalties and no my circumstances/ luck didn't change. My entire point was 1k is not much money. We were always tapping into it and because we had to deal with emergencies here, and there, we were never getting to the part where we start paying off debt in a significant way. Therefore, instead of saving a mere 1k, I decided to save 3 months worth of expenses. We still have our share of financial emergencies, but because we have more $$ in a HYSA, I don't feel the need to constantly return to step 1 to save up the 1k again. And that has allowed us to comfortably pay off debt. Does that make sense?
@erik.rodriguez
Ай бұрын
@@TallyDrakeI think 1k is si little because what are you supposed to do if your emergency is more than $1000. It is better to make it relative to each person. Like if you have kids. I just really dislike the fixed number.
@TallyDrake
Ай бұрын
@@darinzarzecki9274 No, it makes no sense, imo. If you were able to save 3 months of expenses, you were able to have the $1k emergency fund and replenish it when you had to use it. It sounds to me like you switched the order of the Baby Steps and it's working for you. Okay by me, whatever works.
@Lillith.
6 ай бұрын
There's a difference between a joint account where everything comes in and personal spending money from your personal account that gets put there from that joint account and having two personal accounts where the money comes in and having a joint account for household bills. A financial expert in my country on a TV show about finances once said "every married couple should have at least 6 accounts. A joint spending, a joint savings, a personal spending each and a personal savings each". We have pensions, so retirement is already taken care of. In the US I'd definitely add that one.
@cryaloucandfearnot
Жыл бұрын
I enjoyed the reading of the comments segment. I love you guys. You guys are awesome.
@jerrystalzer1350
Жыл бұрын
Cutting up credit cards do work I cut mine up 35 months ago. I had consumer debt and cards $135,000 paid off all my debt just before I retired I’m debt-free. I owe nothing to nobody house is paid for cars are paid for. Thank you so much changed my life.
@richardkmendelson4004
2 ай бұрын
Beautiful
@angied1178
Жыл бұрын
Honestly, my husband and I having separate finances the first 5 years of our marriage we both agree was one of the dumbest decisions. Combining finances forces you to have a conversation and really think about what's best for the family. We have been waaaay better with money since combining. Honestly folks if you can't trust your spouse to share a bank account with--- you really need to question if y'all are right for one another.
@ThisMissK
Жыл бұрын
It's the Chad and Tyler happy hour! 😂 love you both 💚
@brendant2180
Жыл бұрын
29:40, George is like "r u kidding? I married the first woman that said yes!"
@brendadouglas9833
7 ай бұрын
Just started listening to this program, and you two are hilarious. You get the message out, but entertain at the same time. We have been debt free for over 20 years, own our home, our car, and have a Florida residence for the winter months. We are Canadian. That exchange rate is really annoying 😢😂
@AutobahnVault
11 ай бұрын
"We both like cars, we both have a Tesla" 😂
@WranglermanLevi
6 ай бұрын
Then proceeds to criticize people who purchase expensive trucks. Some people use trucks for work, to make money.
@mrschorbastechnologyvideos3729
3 ай бұрын
You have helped me! I thought I was good with money but I still was able to change and get better.
@bonnieswartz4482
Жыл бұрын
Growing up my family had a French Bulldog and his name was Winston😂 10/10 George!!!
@MrRako0002
8 ай бұрын
It all depends on the circumstances: 1) I have been using credit card for 15 years and paid in full every month. It all depends on your discipline. 2) I have bought new and used cars. My last purchase was a used SUV using a bank loan because I didn’t have the money at the time but it was a steal of a deal. Paid off in 1 year. 3) My home is mortgaged and it would not be possible because houses are expensive in my area. To me paying off early all depends on your job security. Also it makes more sense to pay earlier on capital so that less interest is paid. 4) I’m not married but I would want or income to be combined but if my spouse can’t control her spending the it has to be different. Generally the advice is good for people who are severely in debt. I believe in more balance ( more towards saving)
@natalee6654
Жыл бұрын
The great thing about this is even though they give advice you should do what's best for you.
@cereal76
10 ай бұрын
"Dave, sex appeal isn't a competition" bro I fucking lost it 💀
@sharonlynn609
Жыл бұрын
This episode was so good I watched twice. It was a blast to try & figure what topics would be In what order !!! Three for you George.
@3441ars
4 ай бұрын
I’ve always been a natural saver. My wife and I kept our finances separate for over a year. Once we combined everything, we have saved substantially more and been more financially responsible since doing so
@KarenScroggins
Жыл бұрын
Great episode! It is always good anytime Rachel gets so tickled she can't breathe and George just keeps telling it straight. Loved y'all reading the "mean tweets."
@RosemariePhelpsBBC
Жыл бұрын
I wanted to stop in and visit while I was in Nashville back in May but didn't have a day to do that. However I did take a picture of the building as we passed it on the highway, that made my day too! Hope to come down to do my debt free scream one year soon!!
@gusmueller4413
Жыл бұрын
lol "show me a broke winston" -- you guys are cracking me up!!
@marilyn_granddaughter
Жыл бұрын
George ‼️Guy it’s so groovy to see you in your element. The two of yous absolutely compliment each other 💯🥰🙌😎😊🥂🍻
@renate.s.4765
Жыл бұрын
This was fun and informative, good idea to address the negative comments/people's biggest concerns.
@shannonfritch8313
Жыл бұрын
I have an 11 odyssey and I love it! 254,000 miles and gets 25 mpg. A deer just hit me and wrecked it so I am borrowing my moms 15 Nissan Altima with 73,000 miles and gets 36 mpg. I can’t WAIT to get my odyssey back (my husband is fixing it for under $500).
@josiahmiller8379
Жыл бұрын
Way to go..u can do it
@TonyGriffin-zd7sv
8 ай бұрын
Thank goodness you brought this up! Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life. Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!
@SmithCollins-xd9ho
8 ай бұрын
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
@ukdsg
8 ай бұрын
Do you mind sharing info on the adviser who assisted you? I'm 39 now and would love to grow my portfolio and plan my retirement
@TonyGriffin-zd7sv
8 ай бұрын
She's OLIVIA SULLIVAN FINANCIALS
@KateWilliams-gn5qr
8 ай бұрын
she's a known advisor. I actually did look her up curiously and went through her credentials on her webbsite... Top-notch! I wrote her an email, hopefully she's accepting new intakes.
@DongaiTmorten
8 ай бұрын
She's definitely going to help you. All you have to do is look up her full name and reach out to her on her webbsite...
@polkawportugalii905
8 ай бұрын
Actually in Europe it is very hard to rent a car without credit card. It involves a large check or cash deposit & we did it for our wedding but it was a pain in the a**.
@jill9606
Жыл бұрын
Here to say that just last week, someone used my debit card for 2 purchases totaling $200 and we called the bank, canceled my debit card, and they immediately refunded the money 🤷🏻♀️ it took maybe 20 minutes. Debit cards absolutely have the same fraud protection as credit cards!
@drlax15m
Жыл бұрын
it’s not always that quick, the money is frozen/unavailable til it is cleared up
@andrewilliamson4926
Жыл бұрын
Our bank (Citi) refused to fully restore fraudulent charges.
@jill9606
Жыл бұрын
@@andrewilliamson4926 I wouldn’t be banking with them any longer.
@reneesoli5345
11 ай бұрын
You got luck.
@loganmedia1142
11 ай бұрын
Though why would I use a debit card when I can use a credit card and just pay it at the end of the next month? My purchases cost the same and the bank fees are the same.
@trishashaffer8278
8 ай бұрын
1000 has been so much easier to obtain and maintain while in babystep 2 and has helped on so many levels when a battery died in my car or I had to replace a few tires where that wasn't coming out of my monthly check and the piece of mind that I've had from that is so amazing!
@joshuawatson1604
Жыл бұрын
Love this show! Been a follower and a Ramsey baby stepper for a few years now, and consuming the Ramsey content keep me inspired and on track toward generosity and financial peace! Thank you Ramsey Team
@debbiejones953
6 ай бұрын
I love my 2018 Honda Odyssey, purchased in 2023 used with 60K miles. My “kids” are adults, but I just love the space and comfort of my Odyssey. Before this I had a 2013 Odyssey purchased used that I drove for 7 years.
@SpicyBoba7431
8 ай бұрын
You will never convince me that making thousands off credit cards and not paying interest on it is “wrong”
@rosskred1160
6 ай бұрын
With a credit card, the card issuer must fight to get its money back. With a debit card, you must fight to get your money back.
@melanieb2132
Жыл бұрын
In marriage, you combine your genes to make another human, but don't want to combine the dollars. Totally backwards and weird.
@lmor7110
Жыл бұрын
Yup. However a compromise is to have a joint account for the house & other major monthly bills, and also have individual accounts if spending habits can’t be resolved.
@IAmebAdger
Жыл бұрын
A lot of married couples are actually choosing not to combine genes nowadays... And conversely a lot of unmarried people do choose to combine genes. Anyways, a better way to put it is that you're combining your time on Earth, so why not your money, after all time = money.
@mandy3486
Жыл бұрын
I wish I could vote this up more than once. When we put our money together, that's when we were really a team
@loganmedia1142
11 ай бұрын
And yet legally one of those two humans has typically had more rights to those combined genes.
@khope2580
6 ай бұрын
People can't be trusted with money
@kimberly8185
Жыл бұрын
I love my used Ford fusion.. 4 door with a big trunk.. bought from my dad. .. I love it!!
@JakeSpradlin2
Жыл бұрын
If you have haters, it means you’re doing something right!!
@15KHPCLUB
Жыл бұрын
So by that logic, would you say Bin Laden did something right?
@barexampasser
Жыл бұрын
I guess Germany from 1933-1945 was doing lots of things right, according to you 😂
@F2pghostbro
Жыл бұрын
@@barexampasser💀
@F2pghostbro
Жыл бұрын
Paradox quote
@TheThreatenedSwan
8 ай бұрын
@@barexampasserAre you really that ignorant that you don't know how governments around the world admired Germany for its reforms and powerful institutions as well as of course industrial and scientific output? It's like if someone is intelligent but evil they will still more competently advance their ends than a stupid person with the same views, and you can take lessons from that. You don't have to love the CCP or Vietnamese communist party to observe their modernizing reforms
@Diana-vp3zr
Жыл бұрын
I love them, never have I laughed so much listening to financial advice
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