Millionaire Reacts To: What I Spend In a Week
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- Опубликовано: 28 сен 2023
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Millionaire Reacts To: What I Spend In a Week
“What I Spend in a Week” videos are as popular now as skinny ties were in 2008. I’ve seen these videos all over social media, and what people are spending is quite frankly shocking. So today, we’re gonna take a look at a couple of these videos, I’ll throw in my 2 cents, and then at the end I’ll give you a breakdown of what I spend in a week.
Links:
Why Most People Will Never Be Millionaires: • Why Most People Will N...
The Only Budgeting Method You Need To Worry About!: • Budgeting For Beginner...
How I Went From Broke to Millionaire In Under 10 Years: • How I Went From Broke ...
George Kamel is a personal finance expert and co-host of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.
This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark.
To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?
Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
Don't be hesitant to contact Sonya Lee Mitchell and follow her directions.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
the second girl in the video is an influencer who makes bank. she's definitely not broke, and can absolutely afford to pick up the check for her family!
Was going to say that, definitely doesn’t seem irresponsible for her to pick up the check given the circumstances
Yes and also Canadian. Those are Canadian dollars. The total would be less in USD. It's also impossible to find a good cheap phone plan here.
This
Right. Shame on her for being greedy with her family. Not raised right
Right
The second girl has a huge following (9 million on tiktok) and social blade says her monthly earnings on youtube is $11k-181k. I think she can get the check at the restaurant lol
And good luck to her on how long that gravy train lasts. That's called being a NON-contributing member of society. Or a "worthless eater," to the elites' way of thinking. Good luck surviving in the coming cataclysmic reset.
Also it’s Canada and everything is crazy expensive haha
Oh so she probably makes as much as a Ramsey personality? Oh, I forgot Dave gets the real money and just pays George a fraction.
If she makes 181k / month, she ain't steppin foot in the Dollar Store.
@@flboy77 yeah obviously that range is inaccurate. however, going to dollar tree keeps her relatable to her followers 💀
This is like watching episodes of hoarders. You realize you're maybe not so bad.
That’s what I was thinking! This episode made me feel better about me weekly spending lol
Pro tip 😂😂😂
Yeah, until you realize you have the same amount of shit as the hoarders and it's just spread out more because you have a spare bedroom.
😂
The 2nd person in this video is a famous influencer, she makes plenty of money. She bought a house, renovated it, investing in creating her brands. So in her situation, that’s not terrible spending.
'influencer' . Oh those that can't make money working a regular job, or are too lazy (definitely no college) , so tried out youtube and got lucky (looks & narcissistic confidence boost).
@@lucialuciferion6720 Technically, Ramsey personalities are influncers as well. They just work through a larger company.
She's also Canadian, lives in Toronto. Expenses are a lot more than in the USA.
@@lucialuciferion6720you sound jealous
@@lukehoff3623 Not jealous, but annoyed my years of college/projects feels worthless, while I could have just made 20 second viral cat videos.
The 2nd girl is Canadian I follow her. As a Canadian myself... keep in mind the prices are going to seem inflated on hers to you because of the like 40% difference between the USD and CAD. Our food costs all 4 limbs up here lol. And restaurants, don't even get me started. I literally treated my brother for breakfast for his birthday last week at Stacked and spent $65 just on breakfast lol. Trust me George, $95 is EASY to spend on a patio hang in Canada. Our food prices are no joke.
Having spent a lot of time in Walmart in the US.. I much prefer shopping in Canada.
Everyone seems to think things are cheaper when that's just not the case..
Spencer earns a very high amount. Proportionately she is probably just fine and still saving. George’s spend was more than I would have guessed!
Mine would be 3 weeks of $0 spent and then the 4th week is 1000 for rent 1000 debt repayment and 700 for all my autopaid bills and 500 for groceries ,been doing it for 7 months now
hellyes dude you got this
@@slinky8957 im 2 days away from paying the last of my debt and then im officially broke
nice!!
Wait, something doesn't add up. Most foods won't last for a month in a fridge, so... what are you buying for groceries?
@@olgakuranova7986box’s and cans😂
We are about to drop $3800 this week to pay off 2 more debts. We are down to the last few debts and then on to baby step 3. The amount of stress that had been lifted since we stated budgeting in May is incredible. I can't wait to feel the relief of no debt.
That’s awesome!!
It's amazing, it will be worth all the sacrifice!
At the end, when all the thousands of dollars that were coming into your hands and out again to pay bills, suddenly has no where to go and gets to stay right there in your hands. Sublime!!!!!!
Congrats!!
No debt is great when you watch all your money coming in start to stack up. It is a truly freeing experience. Congrats on getting there.
George, permanent jewellery are typically bracelets, anklets, or necklaces that have no clasps. The store 'installs' them on the buyer and the wearer can't remove them without cutting or breaking them. Somehow they are popular.
Thanks, I was looking for this.
Sounds like a department of corrections issued home monitoring device lol
Sounds horrible lmao
The 2nd girl is Spencer and she’s an influencer. She doing okay money wise so she can pick up the bill.
I'm convinced if you just plan an "errand day" per week you will spend less. Less gas, less temptation, less purchases....like no stopping for lunch, etc. I just leave the house less and bring lunch to work. It's not so complicated if you think about it
My husband I do this and it works.
I do this! I plan one day a week for errands, with rare exception. It is helping a lot for sure!
Yeah I’ve noticed this too! We save a LOT by grocery shopping only once per week instead of going out whenever we need something
When co-workers are teasing you about how "cheap" you are, or that you don't like spending money, you know you're right where you should be. Because it's not "normal," it's not THEIR normal. Which makes you, much better off than normal.
Yep, and in 30 years they will call you "lucky" when you retire early.
What is funny is my coworkers are looking at me sideways and they are also doing the Ramsey plan. I'm like doing full beans and rice diet. They all seem to have their eating out days. I'm like $3 dollars for lunch sounds pretty expensive.
@@randomandy2023I'm guilty of going out to lunch when I was eliminating debt too - but that was for the mental boost. But I wasn't doing it all the time. Like, I've had people look at me with surprise when they find out I cook regularly. I said, "yeah, every day." They're shocked. Especially single people like me.
For years my husband drove my crappy needs a paint job 5 speed Toyota. All the guys at work drive giant dually trucks. He heard from one of the guys who was friends with the owner of the company that the owner said "that guy is SMART." My husband is a mechanical engineer with a masters degree. When he told me that I said "it's not your work smarts. It's because you drive a crappy car and your wife homeschools your kids."
I make six figures and drive an 8yo paid for SUV, I’ve had comments from coworkers that I should be driving a nicer car. So I laughed and laughed all the way to the bank!
You don't walk your own dog?!?! What is doggy day care? People seriously take their dogs to daycare! You guys also eat out a TON! I am impressed at your honesty George.
Right. I’m kinda laughing at the “stop buying Starbucks” like that’s the most cliché line that “ millionaires” give as “ advice” but then he spends a ton on eating out and doggie day care instead of caring for his pets himself and eating at home. Just seems so hypocritical.😂
He has a lot of nerve judging other peoples habit when he has bad spending habits himself. Too lazy to walk or watch your own dogs. Why even have them?
It was surprising to say the least.
The second person is a Canadian. One of the dollar stores in Canada has values of $1-$5. Very easy to spend $80 there.
Yes, she was clearly from Ontario. If she is living anywhere near Toronto, that amount of spending doesn't surprise me. Toronto is like Canadian LA in terms of how ridiculously expensive everything is.
I recognised the second girl named Spencer Barbosa and she is a very successful influencer who has bought her own house etc, so I would imagine she can probably afford to spend that money and get the check for her family etc. But I understand the concept, that the average person her age certainly couldn’t afford to spend like that! And if she spent differently she would be able to save a lot 😅
The second one is a multi millionaire so percentage wise she's probably spending about the same
The editor deserves a raise 😂
Not part of the budget.
Only if they invest 15% of it.
I would love to see Dave's response to someone calling in and telling him that they spend as much on pets as George does. $50 in one day on a regular basis for dog care and walking? I guess maybe I'm just too poor to understand....
George is debt free and his NW is over a mil. The percentage of his worth far exceeds pampered pets. Big difference than if one owed 200K in loans and CC and was blowing 50 bucks a week on dogs. Its kind of the burn pile theory. If you can go buy a classic car/boat/rv/ect , you can get it if you could pile that in cash in your driveway and burn it and your life wouldnt be affected.
He kinda explains it in the video, I think. It's a lot easier to spend on those kinds of things when you're debt free and doing well.
If they can afford to why not. Dogs are much happier and healthier if not left alone all day. Of course most of us don’t have a choice but he does so..
I would say the dumbest thing I was spending my money on was an oil change for my truck. Folks charge $90+ for it but I started doing it myself and only spend approximately $30 on materials.
And you will do a better job. I worked at Jiffy Lube in college... not great. They will not let the oil drain all the way prior to reinstalling the drain plug (about a 1/2 quart left).
I change everything but the wifes Rav4. Her dealership isnt out of line and it is a PITA. It takes time, but I like to roll under and have a look around anyway. That I I know what gets greased and it gets grease.
I have synthetic oil so it only needs to be changed every 5 months or every 5,000 mi. I only spend about $70 to get it done at my car dealership. I'd rather sit in their waiting room sipping on coffee then be on the ground dirty. Saving an extra $30 every 5 months just doesn't seem worth it to me.
I used to do all my oil changes at home for like 25 years. But then we decided to buy a new house, and HOAs have a strangle hold on home builders, so we are stuck in an HOA which means I can't work on my cars anymore. It is frustrating how the lube places over charge, charge you extra because your car took more than the 4 quarts they provide, then overfill your engine by a quart. Jiffy lube lost two oil caps in like 11 oil changes. So I switch to Midas, and after four oil changes, they lost a cap.
@@javaman2883 I have an HOA as well but idgaf, I make sure to be clean, I also do it later in the afternoon when they aren't driving around. I also tend to not care if I get a nastygram about things lol
Needed some Caleb yelling at you while you go over those numbers
Yes! Bring down the Hammer.
I would love a Caleb audit of Ramsey people.
$185 for permanant bracelets? No one tell George about Cartier's Love collection 😢😂
Whoa! I missed the baby announcement! Did George say they’re expecting?!?! Congratulations! 👶🏻🍼❤🎉
Our little girl turned 5 weeks old today!! Wild times!
@@GeorgeKamel Congratulations!!!
@@GeorgeKamelCongratulations!
Congratulations
@@GeorgeKamelwhat ???
My wife and I are on baby steps 4, 5 & 6, and spend just under $750 per week, total household budget (includes mortgage, electricity, phone, internet, etc) and all other expenses for a family of 3. Smartest thing spent on this week... Pizza, pack of chicken wings from Aldi, cooked at home for Pizza/ movie night with wife & daughter... with fixings, $23. Dumbest thing I spent on this week... late night dinner at Wendy's, $9.50 when I could have just gone without food during game night with friends.
I’m very frugal to a fault and sometimes feel bad when I spend on myself. I save ferociously and want to now focus on paying off my home. It will be a long, but exciting journey. These videos get me pumped to do better!
Spencer Barbosa is definitely not going into debt!! 💰💰💰
I saw a”what i spend in a day” tiktok and the receipts they showed all had different dates 🤦♀️
I spent under 300.00 dollars. 160.00 groceries $12.47 Amazon $16.00 garden center. I am a homebody and take care of my disabled husband.
It is a good sign when a financial education video makes you laugh right from the start.. it’s gonna be me 😅
Love your videos. They're fun & educational!!! About to spend $497 tomorrow to pay off another bill!
Going with the Graham Stephan 'Millionare Reacts to...' title. Flex it, you earned that title 💪 Speaking of Graham, he'd lose his mind over what that first person is spending on coffee.
Graham only makes coffee at home 😂 smart!!!
I was hoping that meant she bought a nice pound of coffee for at home then only spent money on Starbucks 1 day that week.
Guess that would depend on which week of the month! First week I spend on utilities & most groceries - house is paid off (I noticed no one added their rent/mortgage pmt in their payments - except you George cuz I know your home is paid for) so it would be very high; then, because I'm old and 'have just about everything I need' - just fresh veggies and fuel .... and hay - yeah I have tiny dogs - but I have a horse too - usually in the 3rd week .... coffee? I have espresso machine; eat out? no thank you - don't know if they are clean - and I'm a good cook now (hey, took 30 years but here I am) ... I even detail my own car and do general maintenance myself. If you plan it right, you don't have to spend much...
You're killing it, George. These videos are hilarious.
I'm in my late 30s in the USA and I spend an average of $2400 a week if I divide my monthly budget into 4 weeks. That includes my mortgage, utilities, stupid amount of groceries because that is my splurge, school tuition for my daughter, household stuff, etc. Also that includes savings 40% of our income. If you take savings out of the equation it's roughly $1440 a week. Zero issues paying my bills, networth around 320k, and I'm good with it. Honestly I could cut it down even more if I wanted to but I spend $1000 a month on food for my family of three. My 30 year mortgage will be paid off in only 6 years (already paid off 34% since Sept 2020). Life is good.
Very entertaining as always! 🎉
I have been debt free for over 13years. I only spend less than 100 dollars a week.
So you live in a van down by the river?😂😂😂
My hero
Fantastic! Question -- don't you have gas, utilities, car insurance, groceries health insurance costs? That is what is kicking us ... our health insurance premium has been almost $1800 a month after taxes for a year!! Fortunately, this is changing on Monday. We never eat out or do anything frivolous. I am so looking forward to making headway soon.
I spend $93/week on utilities alone, no food included. You must live in a tent, trap for food, don't drive at all, and bathe in streams. My target is $200/week and I'm frugal but don't make my target some weeks.
This would have impressed me more if the totals for a MONTH were shown rather than for a week. Some weeks, you may not get gasoline, or pay rent/mortgage, or out to eat, for example. Utility bills and phone bills and many others are for the month. How about charitable contributions or savings, investing through paycheck, etc.?? Accuracy climbs with a monthly budget.
but THATS NOT the trend bruhhh the trend is WEEKLY spend!!!
Have to include as an AVERAGE week, with Rent/Mortgage, Insurance monthly cost broken down to weekly totals. Or the 4th week of the month would be huge! Let's see THAT week! Trend that!!!😂😂😂
@@angrialex3409 But it doesn't tell us anything. No one budgets by the week. Most expenses are monthly.
Seriously, guys, Mint Mobile is the way to go. I have a plan for $240 a year, so I just put 20 bucks into my sinking fund every month and then pay it all off in one go when that bill comes around. Huge peace of mind!
I loved Mint! Switching from Verizon saved me a TON. Also the app is super clean and user friendly.
My only issue was that the towers Mint uses leave me with spotty service in my area of Nebraska so I’m actually planning on switching to Visible which uses the same towers as Verizon. (And it’s only $25/month👀)
Thank you so much for the “I can do this all day Winston!” Clip. No one ever gets the reference when I through it out there.
I really liked this video! I hope you guys are feeling much improved. And I didnt realize you are now 2.5 people (not including the fur babies) - congratulations 🎉!!
The second girl even said in the beginning "Moving out is costing me an arm and a leg..." so OBVIOUSLY this isn't a typical week for her. I would have done that on a week were I don't have any crazy expenses.
You asked for it George. I looked it up and last week I spent $11,000 as an impulse buy to buy some animal structures for some of our fields. I haven’t even put them up yet, nor bought the wood. That was just the steel. You said it though, it’s all relative. I looked at my income and I made $268,000 this month too, so it’s relative. I’m 45, debt free and a millionaire with 4 of my 5 kids still living at home. Thank you for the guidance and smart money advice!
Wow that’s a wild income! Good for you!
@@GeorgeKamel you and Dave are major contributors to that. Seriously. I owe Dave and Ramsey Solutions more than I can express. You’ve changed my entire family tree. Thank you 🙏
@@R_Jon May I ask what you do for a living?
@@annstaup4542 I always hesitate to say what I do, because my success is uncommon, but I am a Financial Advisor. After being an Advisor from 2001-2008, I became Dave’s ELP for finance in my area. Soon after that my business exploded. I tried to keep up with the growth, but I was drowning. At 1 point, I was working all day, coming home to eat dinner, then going back to work to do paperwork from 9pm-2am. I’d then get up around 7am and start the process all over again the next day. I only took Sundays off. It was SO hard, but I was addicted to the chase. I would bring in anywhere from $30M- $40M a year in new client dollars, so I was increasing my income by about $300k- $400k per year- year after year after year after year. It was exciting, but my health was strained, my relationships were strained- or non-existent, and I was exhausted. I didn’t do any hobbies and I didn’t really spend time with any friends. Dave helped me build an incredible business earning a few million a year, but it was consuming me. He then, through entire leadership, helped me understand how to manage it all. I was doing estate planning and trusts, taxes, investment planning, insurance, etc. I knew that I knew my craft exceptionally well, and I had people lining up who wanted to work with me and who wanted to be my client, and Dave Ramsey was sending me sometimes 3-6 referrals a day! It was crazy! I eventually hired an Operations Manager, then an Executive Assistant to answer my phone, emails, and texts, then an account manager to open all the new accounts and manage them…. I opened a couple offices in California, but then spread into Idaho, then Wyoming, then Oklahoma. I had a number of Advisors join me and I started shifting my focus to that of a trainer. Even today I had a webinar with Advisors from around the nation, teaching them about a new investment product which sounds good, but can be dangerous. I started teaching Dave’s principles to all my Junior Advisors. Its scary, but I know Dave’s advise almost perfectly before he gives it every time- except for last week when he told a woman to look into Unified Estate Tax Credits. That’s an area I wouldn’t have followed. I know perfectly after 15 years as his representative almost everything he’s going to say. I hired more staff and moved into larger and larger offices. Now, after 23 years as a Financial Advisor, I feel like I can take a break. I make 6 figures a month, and this week I only worked 2 days. Today I had a High School kid with me because I am his mentor. I sit on several local boards, and I donate a lot of money and time to my community. I’m meeting with a contractor tomorrow to discuss the build out of an ADU on our property because I feel like God has blessed us with the ability, and hence the responsibility, to care for our family. My parents are getting older, as are my wife’s, and I want to be prepared to care for them. When I say it’s uncommon, I mean that most Financial Advisors don’t earn what I earn, and I have Dave to thank for that. I still manage 4 territories for Dave, and I give those leads to my junior Advisors, who also run FPU and follow Dave’s principles in practice and word.
Lol as a dog sitter and walker I can say a lot of people spend a lot of money on their dogs.
My friend sends more on her dog that my entire income. I am not joking. But she is really well off.
I’m a mobile dog groomer and our base is $125 and we require monthly appointments. I’m glad I can groom my dogs myself lol
These are genuine questions because I’ve never had a dog:
Why dogs needs to be sitter?
Why the owner can’t walk the dog in the morning or when is back from home?
@@elaine6820I travel that why I get a sitter.
@@elaine6820 Some people want their dog to be as happy as possible and not have to spend time bored and alone in the house.
This is what I spent this past week (Note: Not a typical week!): Mon-$0, Tues-$39.50 my driver's license renewal fee, Wed-$0, Thurs-$20 cash for niece's birthday, $11.26 Wegman's (groceries), $15.00 Wegman's prescription for husband, $34.53 Beer & Pop Discount Warehouse (time for a beer run for hubs!) , Fri-$5.30 McDonald's breakfast for 2, $30.81 Twisted Elk Brewery (hubs going out with the guys due to friend being in town), Sat- $37.49 Wegman's groceries, $9.52 Rite Aid (LED tea lights for pumpkins, on clearance, had coupon), $22.42 Wal-Mart groceries, Sun- $316.66 my Roth, $316.66 hubs Roth, $500.00 brokerage account sinking fund, $52.95 Michael's Halloween clearance items (items can be used for several years) OMG....I failed to mention that I turned down the purchase of a warranty on the 10 dollar string of Halloween lights....I think I will live on the edge and risk it!! Lol!
If you called into the Ramsay show Dave would have a field day about your pet expenses and the number of delivery service fees you are paying between Instacart and pizza delivery. I suppose when you have done as well as you have you deserve some splurges.
My week started off with $57 for doggy daycare and $74 for an eye exam for me, $29 for lunch at BJ’s restaurant and $40 at the grocery store on incidentals. Little Shih Tzu was sick when we picked her up from daycare and the following day we spent $450 at the vet., only to find out she probably pulled a muscle. We were too concerned about her to eat out, so we ate at home the rest of the week. I had time to look at the Chico ad and bought pants and a top for $96. I splurged on a song through Apple, and paid $1.40. on Saturday, I completed my tax return, and to reward myself we went out for a Mexican dinner and I had a margarita, hubby ordered iced tea, $58. Oh, and then my subscription to bark box was $22 for toys and treats for my little Shih Tzu.
Love your channel George 👏 great content and so happy your channel is growing
Almost at 100k! Good work George. Love your humor!
I thoroughly enjoy your program, very useful and keeps me entertained.
Your videos popped into my RUclips feed while I was sitting in bed recovering from a terrible cold. Very entertaining and professional. You have another subscriber! I have spent a lot in the past week (probably about £600) while I've been ill, but it's the January sales and it was pretty much all stuff I needed or had planned to buy. I have always been on top of my finances and have my own unique method of budgeting that suits me. I had a surplus from my 2023 budget so was easily able to afford it. I look forward to continuing to watch, and congrats on the addition to your family.
Great content! And the editing is top tierrrrrr
George u are a spending machine and should immediately go on a budget
In Canada our "Dollar store"--Dollarama goes up to $5 now
First like and comment! Good work team!
"What is Farm Boy?" 🤣 Welcome to Canada. 👌
Gotta share this with my son. Funny and informative! 👍🏼
Congratulations, how wonderful! 🎉
I switched to Mint. Here's a tip: get unlimited and sign up for longest contract you can tolerate. Also pay upfront. That's how you get the best rate with mint. If you go over, you'll regret it having to buy more data
Excellent video
From Sunday to Friday, this week, I spent 12,85€. But Saturday is grocery shopping, it will be around 100,€.
The average price for anything at Dollarama now is $2.00-$3.00.
Canada pays tax on everything bought.
Sharen
question... what happened🧐 to the 'meal plan' food from Tzazikis since you ate out the rest of the week anyway?😝
I don't understand why people still pay insurance monthly.
Always wonder about that ...one payment, get the discount get it over with
My company doesn't offer a discount for paying 6mo at once.
Unfortunately, many people are living paycheck to paycheck or just don't have the money to pay for 6 months or a year upfront.
We pay our insurance monthly. There are no discounts for paying it yearly or every 6 months.
@@dawnt5587drop them it’s easy because it’s month to month that’s what I did. They could also be lying like in my case. Statefarm was like yeah we don’t do that when I asked them but then I ask my friend who also has statefarm and they could so bye bye statefarm. Literally got more coverage for less due to the discount
👏🏼 Have a great weekend!! ☕️
I did spend this month $496.46 in groceries this month and we are 3 people at home!!! Single mom here!!! Please learn how to budget!!!!
And what they forget to also include:
Electricity and water and heating…
But also spending that much money in A WEEK?! That’s so disturbing to me! I grew up poor, that’s so irresponsible… those people probably didn’t learn to decipher wants and needs…
I needed to just pay for my needs and even those weren’t always met because of well… we were poor.
And what’s more disturbing:
They are SINGLE and spending that much?? Cause… we are a family of three and spend that much on groceries for a whole family IN A MONTH! Not a week!
This is hilarious! Your shows are awesome! 👏
Spent $622 on car payment today which includes the min. payment and an extra $200 because I love attacking consumer debt.
Glade your feeling better, dang man those dog's are pricey haha
Thanks George for your content. I was wondering where is the debts section, yet I realized you have none. I hope one day to live the same moment like you and other Ramsey’s team.
I’m at the second step of the millionaire baby steps, and have around 70k in consumer debts. I hope to pay them all by Aug 2024.
That’s awesome. Yea I’ll try doing that so I can figure out to make the money every day.
The girl who spent 1670 is an influencer and she seems to be doing very well.
She makes a full living on social media and is supporting herself
Dang I was hoping you would say, “I’m gunna break it down like D Generation X.” 😂
So glad I don't have a coffee addiction! If I want a latte I make it at home.
This makes me laugh way too hard!😂
Great video! Congratulations on the baby!
wow. I thought my spending was horrendous in a week when I spend $250
I’ve noticed every time I leave the house I’m tempted to spend $$$$. Staying at home saves me money.
George: “A 20-year-old RUclipsr spent 13k one week.”
Mr. Beast: “Am I a joke to you?”
Weeks vary so much. What would really be an acurate picture, would be if people shared how much they spend in a month. But I understand social media influences aren't really all that interested in helping people, just want to get view (with few exceptions).
Monthly budget yields that I spent a little under 1900/month making nearly 100k per year and 40% to max out Roth IRA and large chunk to employer 401K!
Dollar store is just a grocery store. And it it rare to find things for just a dollar.
I'm just amazed people spend money every single day. I've gone several days without spending.
This is a great example of the importance of context. In the second video you watch, Spencer spends ~$100 for the week at the dollar store. The dollar store sells lots of great home items which are so useful to someone who’s just starting out on their own (she comments that “moving out is costing her an arm and a leg”). Although it’s called a dollar store, the cost regularly ranges from $1.00 -$5.00 per item in Canada, where this individual is from. While $100 at the dollar store may seem excessive at first blush, she likely did not purchase 100 items that were a dollar each, and she may have been buying starter items for her home that she could have bought at a much higher price at other stores.
You seriously crack me up! 🤣🤣🤣😂😂
Spencer is a RUclipsr and TikTok personality she has the money. she also started off that video saying “moving out is costing me an arm and a leg” so that was probably when she was buying stuff for her new house hints the Walmart and dollar store purchases cleaning supplies, furniture, curtains, groceries, dining sets, cookware and so on. She also had expenses in there like car insurance, phone bill, and tires. Pretty reasonable and responsible if you ask me. And she’s only like 19. Also if you have a dog doggie daycare can be seen as a frivolous and unnecessary expense. You can take the dog out yourself. $160 on a tapestry? You’re sending more than she is on nonsense but everyone’s needs and expenses are different and situations are different. I literally spend all day in the house spending $0 until the weekend and then I buy gas and groceries and that’s pretty much it. Tired of these “millionaires” and their advice being “don’t buy Starbucks” no amount of budgeting and no coffee is gonna fix the economy and the fact that $7.25 is still the minimum wage. If someone’s only little treat to themselves if getting that Starbucks and thats the only little extra thing they can buy for themselves than so be it let them enjoy that Starbucks.
What i spend in a week is my everything! Love it!!
I spent $1271 this week. Rent $1175, groceries $82 (for 2 weeks), household goods $12, Google data storage $2. I bring home $6600/mo. and spend $1600/mo. on everything. I'm debt-free so I put $5000 into a high yield savings account earning 5.25% every month.
I have to wonder if location plays a significant role in amount spent.
The only thing for me about these videos is that we are couting the monthly payments or certain re-occuring payments that should be broken up by the amount of time it's spread out for. For an example, the gym membership and car insurance from the first two people in the video.
People and their dogs 🤦♂️
I really don’t get the craze about putting everything in your life on social media. If I did a What I Spend in a Week video it would be long enough for me to tell everyone to F off because it’s NOYFB.
Exactly!!!
$35/day for doggie daycare!!! That's so cheap! Here in Silicon Valley doggie daycare is about $30/hr/dog and I have 2 dogs 😢 so I don't bother with day care. It would be a huge game changer for both me and my dogs if daycare was affordable around here
Pretty cool the internet. You live in one of the most expensive places in US to live… I live in one of the cheapest/top 10 worst places to live. Kankakee, Illinois. We live completely different lives if you’re looking for doggy day care lol
You can't include car insurance. That's not a weekly expense.
If your car insurance is over $230 a month, you either need to learn how to drive, get a different insurance agent, or both
George, O George $80 can't get you 80 items at the dollar store no more that may be 60 items at best cause it's a $1.25 per item😅
Everything at dollar tree is 1.25 plus tax which makes it 1.34
It boggles my mind that people do little grocery runs like that. Just knock it all out in one go! 140 dollars every 2ish weeks (probably more like 10 days). Rent, internet, groceries, and phone make up basically all my monthly expenses ($1250ish). I don't eat out at all while I'm home and working. I'll probably eat out a lot when I'm traveling. I save basically all my money besides those 4 things for quitting my job and traveling for 2 months out of the year. Life is hard during the work season, but the travel season makes it so worth it.
Doggy Day Care! Are you f$#$@#$ kidding me!
Just a note, is this the dollar store or dollar tree? Totally different