I’ll never understand why George has so many haters I was laughing so hard at the “he has a punchable face” comment 🤣🤣 I love George, he is my fave Ramsey personality
We ate bacon and egg fried rice and beans along with any food we could get for free for 2 yrs and 11months and paid off our mortgage. We were called weird and crazy until we paid off the mortgage and the all of a sudden we were the family finance experts!!😂😂
I listened to the pod and thought I would add here. George is NOT a boomer. Cute as a button. Rachel is everything. I appreciate both of you and your perspectives and have given new life to the Ramsey show. This show is also my top show I must listen to a week. Keep up the amazing work.
Our local news station had the men wear the same outfit for a whole week, and nothing happened. The women wore the same outfit for a week, and there were tons of emails and complaints that came in.
About right. To be fair though. Men don't have a lot of fashion options. Suit. Jeans and a t-shirt. Thats pretty much all we got. People are used to guys looking like they wear the same clothes every day. Because basically they do. A different shade maybe. Girls though.. your style.. im not even going to list all the options. Google doesn't have enough hard drive space to list them. Its just easier to notice.
Get the men to wear something flamboyant and your will get lots of comments, probably hateful ones. Men and women are held to very different standards, grass is not greener on the other side.
I love George and Rachel. It is like watching brother and sister talk about money. Smart money Happy Hour is entertaining. Also I am on Baby Step two, I appreciate the advice of both of you, by the way George the hair is rocking.
I have found the snowball method works great for many areas of our life like paper clutter and some work tasks. When you have a lot to do, breaking things up in easier progressive tasks can be easier than going all in on a single task.
We jumped on the Ramsey bandwagon 16 years ago. We were not on horrible debt, but we did build a house in our 50’s! I figured Dave was a millionaire and I wasn’t, so what did we gave to loose? During our journey, we paid off our new house in less than eight years, beefed up our retirement significantly, survived a sudden job loss and now have a paid for vacation home in Florida that we can enjoy during the brutal winter months. We are not millionaires, but we are extremely happy, healthy, and financially stable. I say try it, you have nothing to loose! Thanks Dave. ❤
Dave is a millionaire because he wrote a bestselling book and sold programs, not because he followed his own advice. If your objective is to build wealth, paying off your house faster is objectively a slower way to do it. If your objective is financial peace of mind... well that is good advice in the short term, but taking a long term view -- if you paid off your house early but have $100k in the bank after 20 years, but I made minimum mortgage payments only and invested more heavily for 20 years and now have a small balance on the mortgage but $1m in the bank -- who is more secure financially then?
We do JIF peanut butter. We manufacture it in my town and it helped build our economy, so it’s how we make ourselves feel better. It feels local even when it’s totally not
When we began teaching financial peace in 2015 we learned so much. When teaching FPU we did have some people in our classes who were very resistant to change in order to have financial success. So we had to toughen up and not feel bad when they left not learning anything. However, more often we had past class takers who come up to us to share their victories. So George and Rachel keep it up.
Just finished listening to George's new book! I love all the research and numbers that went into it. The plan really works and I appreciated all the information on all the sorts of money things that are out there in the world, I learned a lot. My husband and I have very average jobs, I work at an art studio and him at a church. By following all the baby steps we combined paid off 50k in debt + 15k cash wedding and built up our emergency fund all within 3 years (We also boosted our income for 1 of those years). At 34 I was $30k in debt with no savings and now at 39 I have no debt and am on baby step 6. We have the freedom to tell our money where to go AND live a life that has lower stress.
I LOVE your show! I actually have you guys, Ramsey and Deloney all as apps . I walk daily and I used to listen to news podcasts, however, I find it much healthier mentally to listen to your content. And at 72 years young, I still appreciate that I learn from you guys. But mostly I truly appreciate all of the positivity that your shows put out in an often negative arena. Keep up the amazing work. I know you are helping so many❤❤
Regarding the emergency fund: HIGHLY recommend if you are able, to save at least 3 months of expenses in a High Yield Savings account before paying off debt. My wife and I did the $1k thing and its great, but things like cars breaking, kids breaking their leg etc. all exceeded the $1,000 and we kept going back and forth from saving the $1k back up to debt snowball, then back to emergency funding. We really weren't getting anywhere. Fast forward, we saved about 3 months of expenses within 7 months in a HYS account and now only have my wife's student loan debt to worry about. Dave has good advice for sure, but I think at the end of the day, you really can adjust the steps in a way that benefits you best.
Racheal you really have a gift of understanding people’s personal financial situations , George your so wise and direct when you communicate keep it up !! 🇨🇦👏
Another way credit cards and alcohol are similar is that you don’t realize they are a problem until you are an alcoholic or drowning in debt. Basically, they each can be addictive.
I have credit cards. I pay them off in full every month. I got over $1,500 back in rewards last year. But, I freely admit that George is right. I’m pretty sure I spend more using a credit card than if I was paying cash!
I spend more using cash. Once it’s cash, in my mind, it’s spent. Credit cards help me see a balance. When it gets to a certain point I stop. Same mechanism, just different way of paying.
Theres no difference for me either way. I do all my agonizing about the purchase up front. I don't impulse buy. By the time the card comes out or im pulling the money out. Ive already had ll those battles of if i should purchase it or not. And im ok with purchasing. Plus ive had my wallet stolen before. Carrying around large sums of cash is not safe imo. I prefer credit because i can see everything i purchased. And i can reevaluate if it was a good choice or not and it helps me learn. I cannot do that with cash. Plus.. its not a lot. Nobody is getting rich of of this. But having 2% back. Plus all my purchases are coming out of my back 1-2 months later. It allows me to do a lot more with my money. Ramsey picks on the rewards. However i calculated out that if i had invested the rewards into a retirement account starting at 20. Its enough i could retire with over a million. Doing nothing but investing that cash back and using it to its full capacity. So... sorry Dave. The rewards cards are actually pretty good.
But if you budget and stick to it how does this happen? Genuinely asking. I make a budget every month. I pay everything with my credit card and stick to my budget. I pay the card off in full. I get about 100$ a month in points that i use for groceries - which means i save alot on food. What is the downside? What am i missing here?
It also helps to account that people don't have the same expenses. Some people have to pay twice as much on bills then some other people because of where they live.
It should be deductibles like the money guys. Then it's clear to people that it's an EMERGENCY fund and not a oops I spent too much let me dip into this account- account. But also you should keep a months expenses in your checking at all times, maybe that part of budgeting isn't clear unless you watch their paid courses how to pay check plan and buffer for upcoming things.
Next time tell Gary he can walk to the customer Service counter where they will look up his account and print him a temporary membership card to use for the day. 😊
Costco: if you forget your card, you can just go to the customer service desk and get a one day pass (they can find you in the system). So there’s no need to ask strangers.
I love watching you guys! It’s a bright spot in my week! ❤ Rachel…my dad’s name was Winston. He passed away 20 years ago from cancer (he was 64). He was very sweet and loved the Lord. So I don’t think of a bulldog when I hear your hubby’s name.
I heard about that, tried it years ago and the oil leaked out... LOL! Now I deal with the stirring and put in the fridge. It's worth it for healthier nut butters for sure
@@heidinoggleIt's fine if you do it before you open the seal. It makes mixing the peanut butter a lot easier. Once it is really mixed, it takes a long time for the PB to settle as much as it is coming off the store shelves.
Unfortunately it leaked before removing the seal. The seal wasn't broken, the oil leaked thru it... While that's a seal material quality problem more than method problem, it's not worth it for me. I mainly posted my original comment to help not get hopes up about storing upside down. Definitely doing a good stir when first opening the jar and storing in the fridge is my preference because it gets it over with and the nut butter stays mixed.
Watching these 2 fumble and stumble on the alcohol comment was humorous. Alcohol and credit cards both have an absolute risk to ruin someone’s life. Plus Rachel saying “I don’t want to be part of an industry where their only goal is to make money off me”. That’s every business ever, tries to make money by having customers 🤦♂️. They are struggling harder and harder to defend credit cards
They just fit whatever into their little system. Doesn’t matter how much common sense is there, they will try to defend a 30 year old outdated viewpoint. Can’t blame them, though. You do what your company says or you don’t work there anymore.
1,000 dollars was never enough Dave has said for years now that it’s just a start because when he first started doing this people would get very discouraged because some thing would happen and they would get set back from working on their debt snow ball. So 1,000 dollars is just in case something happens. Step one use to be step two so yes he knows that 1,000 dollars isn’t enough it’s a starter Step 6 is where you get to the real savings
George and Rachel are my favorite Ramsey personalities! Appreciate George's incredible quick wit. Rachel is very relatable and down to earth. Love this program 👍
Regarding the emergency fund, yes if you have an emergency over 1K you could try pausing your debt snowball and cash flowing. The problem is what happens if you have an emergency that needs to be paid for right away? What if your car breaks down and they have it repaired a week later and you can’t come up with extra money in a week? What if your pipes break, and you have to pay the plumber a day or two later? They’ve been multiple occasions now where the Ramsey team has talked like you can plan for emergencies. You can’t always plan for emergencies, that’s why they’re emergencies.
What if your car breaks down and you never have a single thing saved be at 1,000 or even $500? Then your soul 100% depending on the total bill that's due and how critical it is to get that part of the car repaired in order for it to function to get you from point A to point B
Technically if you are paying off your debt. Then if you have a true emergency you probably have available credit you paid down already. Just use that. Just start with your credit cards on the snowball and don’t worry about emergencies. Use the cards in a true emergency over 1k.
@@MikeHobbs the chances that someone will have an emergency in the middle of paying off the last few dollars of a particular debt is pretty damn Slim But the bottom line is it is a mentality change one must complete. If you keep doing the same things you've always done especially using the same tools and the same methods and you expect different results then by historical proven fact definition you are a dumbass and that word you in that sentence can mean to anyone
@@motoryzen ya I was just addressing the worry about only having $1000 in savings. If someone had a real emergency they could use the credit card debt they have been paying off this whole time for the “real” emergency. But like you said it’s slim chance they will need to do that. But at least the worry is gone and they can focus on paying off that debt with only 1k in the bank.
I sort of did the debt snowball method for school work also. I would list the assignment by easiest to hardest with a slight adjustment for accounting for most pressing. Due tomorrow verse next month.
The guilty as charged was like a comedy sketch from Seinfeld, which by the way I enjoyed a lot the references used in George Kamal’s new book Breaking free from Broke
I enjoy this show every week. Thank you for putting it together. Question about the baby step millionaire term, would a couple need 2 millions to call themselves millionaires?
I think you guys are awesome! I look forward to Happy Hour every Thursday. I appreciate all of the Ramsey personalities and love listening and learning from each of you. My husband and I took Financial Peace University 20+ years ago right after we got married. We are currently on #5 of the baby steps (we got started late with kids…our oldest is in 6th grade). Thank you for sharing all your knowledge and putting a smile on my face each week!
The baby steps always work, always. The fact that the timeline is different for everyone is just reality. It took 16 years for us to get FI but it worked.
That’s a really good analogy with CC’s & alcohol actually …. Alcohol destroys some lives like CC’s do … ultimately both industries aren’t trying or do good for us. Each needs spouses to be on the same page. Each in moderation are typically considered ok. Well done Michael.
From a Costco worker that sees so much theft, I promise you don't want to let someone use your Costco card. There is a chance that you could get tangled into there crime.
I have seen the credit card / alcohol correlation play out in real life. Someone I knew personally had a drinking problem for years. They got sober, but never dealt with the underlying issue causing the addictive behavior so it just manifested in other ways. The biggest & most damaging was spending money...just buying stuff. Of course, charging everything & ended up in bankruptcy, practically destroyed their marriage and will have to work until they die just to afford the basics.
With the peanut butter that has the oil in it you mix it really well and then after it’s all mixed together, you store it and keep it in the refrigerator that’ll prevent the separation on a consistent basis and that way you don’t have to consistently “churn” it
I think "trolling" can be a mis-used term when someone is attempting to feed back directly to a content creator in a constructive way. It's like we've been conditioned to only accept compliments and positive feedback but this isn't real life. This is bleeding over into reality where someone voicing a legitimate concern becomes a "hate-crime", that's very dangerous for our already overly letigious society. It's good to remember that Jesus Christ teaches us to be slow to anger and quick to listen - it doesn't compromise or minimalise you to give someone the benefit of the doubt or ask for clarification xx
Thank you for acknowledging 2 things: that separate finances are sometimes better than together and that $1000 isnt enough. I find that so often on Ramsey group of shows these 2 things don't get explained. Here Rachel gives the information to say it's more about momentum and getting an easier win up front with the ability to pause aggressive debt repayment if you have an emergency versus getting stuck on too large of a goal for baby step one
My daughter is bugging me about my Skippy....I don't like the oil either but she told me to try whole foods peanut butter you get there that's ground. I'll see........
I agree with Michael Carter's comment. There are also people who advise absolutely no alcohol just like Ramsey is absolutely no credit card so I understand why they can't say he's right
His comment is reasonable but I disagree on both counts. As a responsible adult I use both a credit card and alcohol. If it’s a problem, by all means abstain, but it’s truly not a moral issue.
We also didn’t do the $1000. We did 3 and we’re just fine with it. You can push and push and push and push and things will still happen..HAVE THE EXTRA
Well now that you brought it up, George would love to see ya rockin some colored glasses like Jade. But you guys are both you - we like you the way you are. 😊
When George was talking about the alcohol and credit card comparison he said "and for that reason..." And I totally thought he was gonna say "I'm out" 😂
@@NSER164true, but it’s possible to provide constructive criticism without calling people absolutely asinine and stupid. Dave is sometimes respectful and kind, but he’s often pretty rude when someone offers a different opinion. It doesn’t make his advice necessarily wrong, but Rachel and George can get it across without a temper tantrum.
I don’t have debt but I debt snowball my work! Low hanging fruit first for the easy W, then larger tasks after I’ve built some momentum and I’m in the zone!
7:51 there they go again with "statistically spend more" garbage. The average spends more, that's totally correct. The average also doesn't pay it off every month! Rachel won't touch that because she knows she's being deceiving. At least I hope she knows how she's misrepresenting statistics by using the average to describe the above average. It's like saying the average person doesn't have $1000 in an emergency fund to spend at any moment, thus no one can have $1000 in an emergency fund. What Rachel is trying to tell me is that if she used her orange colored plastic that happens to be a CC, she personally would spend more than if she used her blue colored debit one. I don't buy that. I truly believe Rachel spends what she spends on because of her principals, not the technical details of one plastic card over another.
You may very well be right. All I know is I do notice a difference in my own spending habits when I use one card vs another. I'm way more likely to fudge my budget or justify one more thing on my credit card. And I've never carried a balance on my credit card so I qualify as one of the weirdos in this scenario. Could it be a correlation with the types of purchases I tend to put on the cc? Maybe. It's just been an interesting observation for me.
@@jessicak7965 That’s interesting. I really appreciate your feedback. I know they don’t quote the “statistically” source in this video. But in their other videos, they quote the MIT study which is based on “Neural mechanisms of credit card spending.” That study, and all that I’ve found is comparing paper to plastic, not a credit card vs a debit card. Using cash, I totally agree you will spend less because you have a limited amount of funds in your wallet and can’t go over that no matter how good the deal is in front of you. It’s an in-your-face budget. Plus as the study finds cash has a “pain-of-payment” factor that plastic does not. For example, that 50% off sale on something you can stick in the freezer, you can’t take advantage of because you didn’t bring enough cash thus you will spend less for your current shopping trip, but not necessarily overall. On the other hand, if you see that piece of clothing on sale, you might not ever get it once you walk out of the store and thus save in the long run.
Hi I love your show! Hilarious and informative. I do have a question...when it comes to life insurance what do I look for? Invest in? I will retire from the military in about 3 years and I want to make sure I am doing things the right way! Thanks!
I totally get what you say about keeping the money together. My fear comes from my mother's life. My father and mother put their money together in the early 60s. When he left us, I was 2, and he drained their savings account and completely ran up their 2 credit cards. They couldn't find him. Mom had to get a lawyer and luckily was able to have that expunged, but lost money - she was the breadwinner while he was studying. And back then, women could not get houses on their own - they would have had to have someone co-sign. So she was screwed.
I think if you did some more research on the insidious activity of the alcohol industry you'd see even more parallels than mentioned on the show. The nature of their behavior is what has me reevaluating my relationship with it, in the same way information I've learned from your shows has me reevaluating my relationship with my credit cards. Sincerely, Someone Who Only Drinks On Occasion and Pays Off Their Credit Card Every Month.
But you can choose not to use the garage door until you have the money to fix it. Park in the driveway. And if you can't park in the driveway because of your HOA, well then, you see why HOAs are stupid.
JIF does make a natural peanut butter, where yes there are 4 ingredients. We started to get natural when training our dog and the vet said make sure to not give her all the extra junk in other peanut butter.
Have either of you two had your debit card compromised/stolen? Have you ever woke up to your account at zero or close to zero balance when you had 4 figures in it the night before because someone got access to your account? I think your "spend more" analysis might be skewed but since I don't have access to the data, I wonder: Have you separated those accounts that are paid off monthly and no balance forward and did the analysis? I can see "People spend more money" being valid for those that carry balances, but I question that for those that always pay off their balances.
I enjoy this show in managed doses. I think that it flies better if you live below the Mason Dixon Line. I live above that line so I find the episodes focused on finance more engaging than lifestyle. I definitely appreciate that you are reaching younger people about the importance of making smart finance decisions and developing a financial plan. Your personalities and outlooks make me smile often.
Jade and Dr. John may not come right out and say it, but they definitely give off the "you are dumb" vibe, as well as being very condescending to many callers. George and Rachel are always nice.
I get that vibe from all the hosts except Rachel, but honestly I don’t mind it. Sometimes I do dumb things and need to get called out on it in order to improve. ❤
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
George should make a video going through Costco and showing us his favorite products there!
I’ll never understand why George has so many haters I was laughing so hard at the “he has a punchable face” comment 🤣🤣 I love George, he is my fave Ramsey personality
...and his peanut butter bit! OMG, I'm dying!😂😂😂
I wonder if he has emotions at all.
They’re jealous.
We ate bacon and egg fried rice and beans along with any food we could get for free for 2 yrs and 11months and paid off our mortgage. We were called weird and crazy until we paid off the mortgage and the all of a sudden we were the family finance experts!!😂😂
High protein diet!
When i got out of debt and paid my house off i became the family snob….so i quit talking about anything related to money
George with the sense of humor! Rachel trying to keep it together while laughing! Keep up the good show! Crunchy peanut butter! 😀
I listened to the pod and thought I would add here. George is NOT a boomer. Cute as a button.
Rachel is everything.
I appreciate both of you and your perspectives and have given new life to the Ramsey show.
This show is also my top show I must listen to a week.
Keep up the amazing work.
What's the matter with being a boomer?
lol, it's funny that people would even consider someone as young as George to be a boomer. I'm a boomer and he's an adorable kid.
Our local news station had the men wear the same outfit for a whole week, and nothing happened. The women wore the same outfit for a week, and there were tons of emails and complaints that came in.
About right. To be fair though. Men don't have a lot of fashion options. Suit. Jeans and a t-shirt. Thats pretty much all we got. People are used to guys looking like they wear the same clothes every day. Because basically they do. A different shade maybe.
Girls though.. your style.. im not even going to list all the options. Google doesn't have enough hard drive space to list them. Its just easier to notice.
Get the men to wear something flamboyant and your will get lots of comments, probably hateful ones. Men and women are held to very different standards, grass is not greener on the other side.
All by men I'm sure 😅
I love George and Rachel. It is like watching brother and sister talk about money. Smart money Happy Hour is entertaining. Also I am on Baby Step two, I appreciate the advice of both of you, by the way George the hair is rocking.
I have found the snowball method works great for many areas of our life like paper clutter and some work tasks. When you have a lot to do, breaking things up in easier progressive tasks can be easier than going all in on a single task.
We jumped on the Ramsey bandwagon 16 years ago. We were not on horrible debt, but we did build a house in our 50’s! I figured Dave was a millionaire and I wasn’t, so what did we gave to loose?
During our journey, we paid off our new house in less than eight years, beefed up our retirement significantly, survived a sudden job loss and now have a paid for vacation home in Florida that we can enjoy during the brutal winter months. We are not millionaires, but we are extremely happy, healthy, and financially stable. I say try it, you have nothing to loose! Thanks Dave. ❤
Dave is a millionaire because he wrote a bestselling book and sold programs, not because he followed his own advice.
If your objective is to build wealth, paying off your house faster is objectively a slower way to do it. If your objective is financial peace of mind... well that is good advice in the short term, but taking a long term view -- if you paid off your house early but have $100k in the bank after 20 years, but I made minimum mortgage payments only and invested more heavily for 20 years and now have a small balance on the mortgage but $1m in the bank -- who is more secure financially then?
Not everyone can be a Chad. 😂
We do JIF peanut butter. We manufacture it in my town and it helped build our economy, so it’s how we make ourselves feel better. It feels local even when it’s totally not
If it's manufactured in your town, then there are a bunch of local livelihoods from it! I grew up with Jif.😊
@@jenniferpearce1052 yep!
When we began teaching financial peace in 2015 we learned so much. When teaching FPU we did have some people in our classes who were very resistant to change in order to have financial success. So we had to toughen up and not feel bad when they left not learning anything. However, more often we had past class takers who come up to us to share their victories. So George and Rachel keep it up.
Just finished listening to George's new book! I love all the research and numbers that went into it. The plan really works and I appreciated all the information on all the sorts of money things that are out there in the world, I learned a lot. My husband and I have very average jobs, I work at an art studio and him at a church. By following all the baby steps we combined paid off 50k in debt + 15k cash wedding and built up our emergency fund all within 3 years (We also boosted our income for 1 of those years). At 34 I was $30k in debt with no savings and now at 39 I have no debt and am on baby step 6. We have the freedom to tell our money where to go AND live a life that has lower stress.
I LOVE your show! I actually have you guys, Ramsey and Deloney all as apps . I walk daily and I used to listen to news podcasts, however, I find it much healthier mentally to listen to your content. And at 72 years young, I still appreciate that I learn from you guys. But mostly I truly appreciate all of the positivity that your shows put out in an often negative arena. Keep up the amazing work. I know you are helping so many❤❤
Ditto. I stopped listening to news and replaced with these shows too
Enjoy your show and your money mission but what I enjoy the most is when George makes Rachel laugh 😆😂❤❤
Regarding the emergency fund: HIGHLY recommend if you are able, to save at least 3 months of expenses in a High Yield Savings account before paying off debt. My wife and I did the $1k thing and its great, but things like cars breaking, kids breaking their leg etc. all exceeded the $1,000 and we kept going back and forth from saving the $1k back up to debt snowball, then back to emergency funding. We really weren't getting anywhere. Fast forward, we saved about 3 months of expenses within 7 months in a HYS account and now only have my wife's student loan debt to worry about. Dave has good advice for sure, but I think at the end of the day, you really can adjust the steps in a way that benefits you best.
Racheal you really have a gift of understanding people’s personal financial situations , George your so wise and direct when you communicate keep it up !! 🇨🇦👏
Another way credit cards and alcohol are similar is that you don’t realize they are a problem until you are an alcoholic or drowning in debt. Basically, they each can be addictive.
I want a counter on screen for when Rachel plays with her hair! lol
Sounds like a new drinking game!
I have credit cards.
I pay them off in full every month.
I got over $1,500 back in rewards last year.
But, I freely admit that George is right.
I’m pretty sure I spend more using a credit card than if I was paying cash!
I spend more using cash. Once it’s cash, in my mind, it’s spent. Credit cards help me see a balance. When it gets to a certain point I stop. Same mechanism, just different way of paying.
Theres no difference for me either way. I do all my agonizing about the purchase up front. I don't impulse buy. By the time the card comes out or im pulling the money out. Ive already had ll those battles of if i should purchase it or not. And im ok with purchasing. Plus ive had my wallet stolen before. Carrying around large sums of cash is not safe imo.
I prefer credit because i can see everything i purchased. And i can reevaluate if it was a good choice or not and it helps me learn. I cannot do that with cash.
Plus.. its not a lot. Nobody is getting rich of of this. But having 2% back. Plus all my purchases are coming out of my back 1-2 months later. It allows me to do a lot more with my money.
Ramsey picks on the rewards. However i calculated out that if i had invested the rewards into a retirement account starting at 20. Its enough i could retire with over a million. Doing nothing but investing that cash back and using it to its full capacity. So... sorry Dave. The rewards cards are actually pretty good.
But if you budget and stick to it how does this happen? Genuinely asking. I make a budget every month. I pay everything with my credit card and stick to my budget. I pay the card off in full. I get about 100$ a month in points that i use for groceries - which means i save alot on food. What is the downside? What am i missing here?
@@mskimy1125 The Ramsey system thinks we are all morons that spend needlessly.
@@bryan_witha_whyyhave you looked at the amount of debt in this country? 😂 or listened the stories people calling in to his show?
1 month of necessary expenses vs $1000 is actually a solid alternative. It forces you to make a budget and know what that number is from day 1
It also helps to account that people don't have the same expenses. Some people have to pay twice as much on bills then some other people because of where they live.
Covering your largest deductible is also a good proxy
I would agree. That is reasonably achievable while adjusting to inflation over the years l.
It should be deductibles like the money guys. Then it's clear to people that it's an EMERGENCY fund and not a oops I spent too much let me dip into this account- account.
But also you should keep a months expenses in your checking at all times, maybe that part of budgeting isn't clear unless you watch their paid courses how to pay check plan and buffer for upcoming things.
Where did Lindsey go?
I had the same thought. I hope she is ok.
Did she leave Ramsey or get fired?
That’s what I was coming to ask too!
Ain't it maternity leave
You two are great. Love that you can stay positive and kind despite some interesting comments.
Next time tell Gary he can walk to the customer Service counter where they will look up his account and print him a temporary membership card to use for the day. 😊
You guys are so fun and make the episode fly by with all the hilarious anecdotes!
Costco: if you forget your card, you can just go to the customer service desk and get a one day pass (they can find you in the system). So there’s no need to ask strangers.
You can just use your app too.
I love watching you guys! It’s a bright spot in my week! ❤ Rachel…my dad’s name was Winston. He passed away 20 years ago from cancer (he was 64). He was very sweet and loved the Lord. So I don’t think of a bulldog when I hear your hubby’s name.
George I love you joking with Rachel. Rachel takes it so well. Love the show you get the crew involved.
to avoid peanut butter oil on top, store upside down
I heard about that, tried it years ago and the oil leaked out... LOL! Now I deal with the stirring and put in the fridge. It's worth it for healthier nut butters for sure
@@heidinoggle Yea this is what I do. Just dump it all into a container, stir and put in the fridge.
@@heidinoggleIt's fine if you do it before you open the seal. It makes mixing the peanut butter a lot easier.
Once it is really mixed, it takes a long time for the PB to settle as much as it is coming off the store shelves.
Unfortunately it leaked before removing the seal. The seal wasn't broken, the oil leaked thru it... While that's a seal material quality problem more than method problem, it's not worth it for me.
I mainly posted my original comment to help not get hopes up about storing upside down.
Definitely doing a good stir when first opening the jar and storing in the fridge is my preference because it gets it over with and the nut butter stays mixed.
Love George defending women. Definitely need it to balance out some of these comments.
Keep preaching the money message, Rachel and George. I so appreciate you and look forward to your weekly Nuggets of wisdom!❤
Watching these 2 fumble and stumble on the alcohol comment was humorous. Alcohol and credit cards both have an absolute risk to ruin someone’s life. Plus Rachel saying “I don’t want to be part of an industry where their only goal is to make money off me”. That’s every business ever, tries to make money by having customers 🤦♂️. They are struggling harder and harder to defend credit cards
They just fit whatever into their little system. Doesn’t matter how much common sense is there, they will try to defend a 30 year old outdated viewpoint.
Can’t blame them, though. You do what your company says or you don’t work there anymore.
The issue with the 1,000 is it isn't what 1,000 was when Dave started & he is a hard head.
They refuse for admit this.
1,000 dollars was never enough Dave has said for years now that it’s just a start because when he first started doing this people would get very discouraged because some thing would happen and they would get set back from working on their debt snow ball. So 1,000 dollars is just in case something happens. Step one use to be step two so yes he knows that 1,000 dollars isn’t enough it’s a starter Step 6 is where you get to the real savings
The pb I get ground fresh from the store does not separate.
It will if you let it sit long enough in the pantry! (Which you shouldn’t do. Fresh ground PB should go straight into the fridge!)
Paid for my Hawaii honeymoon by eating PB&J for a year for lunches instead of eating out!
George and Rachel are my favorite Ramsey personalities! Appreciate George's incredible quick wit. Rachel is very relatable and down to earth. Love this program 👍
Love watching/listening to you guys!!
Regarding the emergency fund, yes if you have an emergency over 1K you could try pausing your debt snowball and cash flowing. The problem is what happens if you have an emergency that needs to be paid for right away? What if your car breaks down and they have it repaired a week later and you can’t come up with extra money in a week? What if your pipes break, and you have to pay the plumber a day or two later? They’ve been multiple occasions now where the Ramsey team has talked like you can plan for emergencies. You can’t always plan for emergencies, that’s why they’re emergencies.
What if your car breaks down and you never have a single thing saved be at 1,000 or even $500? Then your soul 100% depending on the total bill that's due and how critical it is to get that part of the car repaired in order for it to function to get you from point A to point B
You can plan for an emergency. You don’t know what or when it will be but you know something WILL happen.
Technically if you are paying off your debt. Then if you have a true emergency you probably have available credit you paid down already. Just use that. Just start with your credit cards on the snowball and don’t worry about emergencies. Use the cards in a true emergency over 1k.
@@MikeHobbs the chances that someone will have an emergency in the middle of paying off the last few dollars of a particular debt is pretty damn Slim
But the bottom line is it is a mentality change one must complete. If you keep doing the same things you've always done especially using the same tools and the same methods and you expect different results then by historical proven fact definition you are a dumbass and that word you in that sentence can mean to anyone
@@motoryzen ya I was just addressing the worry about only having $1000 in savings. If someone had a real emergency they could use the credit card debt they have been paying off this whole time for the “real” emergency. But like you said it’s slim chance they will need to do that. But at least the worry is gone and they can focus on paying off that debt with only 1k in the bank.
I'm doing 50 dollar's a week at aldi. It's working great so far!
I sort of did the debt snowball method for school work also. I would list the assignment by easiest to hardest with a slight adjustment for accounting for most pressing. Due tomorrow verse next month.
The guilty as charged was like a comedy sketch from Seinfeld, which by the way I enjoyed a lot the references used in George Kamal’s new book Breaking free from Broke
I enjoy this show every week. Thank you for putting it together. Question about the baby step millionaire term, would a couple need 2 millions to call themselves millionaires?
I think you guys are awesome! I look forward to Happy Hour every Thursday. I appreciate all of the Ramsey personalities and love listening and learning from each of you. My husband and I took Financial Peace University 20+ years ago right after we got married. We are currently on #5 of the baby steps (we got started late with kids…our oldest is in 6th grade). Thank you for sharing all your knowledge and putting a smile on my face each week!
The baby steps always work, always. The fact that the timeline is different for everyone is just reality. It took 16 years for us to get FI but it worked.
4:07 Y'all are literal doppelgangers, I love it!
That’s a really good analogy with CC’s & alcohol actually …. Alcohol destroys some lives like CC’s do … ultimately both industries aren’t trying or do good for us. Each needs spouses to be on the same page. Each in moderation are typically considered ok. Well done Michael.
I thought that was a good analogy too
I agree. As someone in 12 steps...I struggled with both!
I just love how REAL Rachel is 😅 the stupid preservative peanut butter argument is so tired - feed your kids what you want 😂😂
From a Costco worker that sees so much theft, I promise you don't want to let someone use your Costco card. There is a chance that you could get tangled into there crime.
I have seen the credit card / alcohol correlation play out in real life. Someone I knew personally had a drinking problem for years. They got sober, but never dealt with the underlying issue causing the addictive behavior so it just manifested in other ways. The biggest & most damaging was spending money...just buying stuff. Of course, charging everything & ended up in bankruptcy, practically destroyed their marriage and will have to work until they die just to afford the basics.
Loved Georges comment about getting back on the horse, he always wants people to sell the horse. LOL
First episode I've seen and I loved it, was really fun to watch! Keep it coming
With the peanut butter that has the oil in it you mix it really well and then after it’s all mixed together, you store it and keep it in the refrigerator that’ll prevent the separation on a consistent basis and that way you don’t have to consistently “churn” it
I love this channels, you guys give great advice!!!!!
I think "trolling" can be a mis-used term when someone is attempting to feed back directly to a content creator in a constructive way. It's like we've been conditioned to only accept compliments and positive feedback but this isn't real life. This is bleeding over into reality where someone voicing a legitimate concern becomes a "hate-crime", that's very dangerous for our already overly letigious society. It's good to remember that Jesus Christ teaches us to be slow to anger and quick to listen - it doesn't compromise or minimalise you to give someone the benefit of the doubt or ask for clarification xx
I love how George keeps bringing up the Queen bed for Charles! 🤣🤣
Thank you for acknowledging 2 things: that separate finances are sometimes better than together and that $1000 isnt enough. I find that so often on Ramsey group of shows these 2 things don't get explained. Here Rachel gives the information to say it's more about momentum and getting an easier win up front with the ability to pause aggressive debt repayment if you have an emergency versus getting stuck on too large of a goal for baby step one
i am digging his chelsea boots!!
Peanut butter should only have peanuts. Maybe salt if you really want it. There's no reason for it to have added oil or anything else.
What's crazy it costs 4x as much for fewer ingredients 😮
@@thedopplereffect00 Too true most of the time. Recently though, I've found Crazy Richard's brand in my area, which is less than $4/jar.
My daughter is bugging me about my Skippy....I don't like the oil either but she told me to try whole foods peanut butter you get there that's ground. I'll see........
I agree with Michael Carter's comment. There are also people who advise absolutely no alcohol just like Ramsey is absolutely no credit card so I understand why they can't say he's right
His comment is reasonable but I disagree on both counts. As a responsible adult I use both a credit card and alcohol. If it’s a problem, by all means abstain, but it’s truly not a moral issue.
I’ve been a LONG time Dave Ramsey girl and when George came along he use to get under my skin with his “dad jokes” NOW I love his sense humor 😁💙
You both are very good looking people! Don't listen to the haters!
We also didn’t do the $1000. We did 3 and we’re just fine with it. You can push and push and push and push and things will still happen..HAVE THE EXTRA
Well now that you brought it up, George would love to see ya rockin some colored glasses like Jade. But you guys are both you - we like you the way you are. 😊
When George was talking about the alcohol and credit card comparison he said "and for that reason..." And I totally thought he was gonna say "I'm out" 😂
Agreed about baby steps method works with everything!!
Dave makes people feel dumb, but I've never felt that from George and Rachel. 🥰
Dave is more on the mean side meaning very direct. He's the Dr. Laura of finances but sometimes tough love is what's needed.
Your only dumb if you know the better decision but you choose the worse one.
He also calls himself dumb
Same plus he's kinda rude
@@NSER164true, but it’s possible to provide constructive criticism without calling people absolutely asinine and stupid. Dave is sometimes respectful and kind, but he’s often pretty rude when someone offers a different opinion. It doesn’t make his advice necessarily wrong, but Rachel and George can get it across without a temper tantrum.
Call a "Wambulance"
Y’all are amazing!
George! Penney’s is for those of us over 60! 😅
I don’t have debt but I debt snowball my work! Low hanging fruit first for the easy W, then larger tasks after I’ve built some momentum and I’m in the zone!
Love you two~!
Are we all going to gloss over Rachel’s joke at the end? V-e-n-m-o! So good😂😂
The accented Georgie was superb
Good episode. We’ve done very well following the Baby Steps, as have many others. Criticize the steps if you will … but if you follow them, they work.
7:51 there they go again with "statistically spend more" garbage. The average spends more, that's totally correct. The average also doesn't pay it off every month! Rachel won't touch that because she knows she's being deceiving. At least I hope she knows how she's misrepresenting statistics by using the average to describe the above average. It's like saying the average person doesn't have $1000 in an emergency fund to spend at any moment, thus no one can have $1000 in an emergency fund. What Rachel is trying to tell me is that if she used her orange colored plastic that happens to be a CC, she personally would spend more than if she used her blue colored debit one. I don't buy that. I truly believe Rachel spends what she spends on because of her principals, not the technical details of one plastic card over another.
You may very well be right. All I know is I do notice a difference in my own spending habits when I use one card vs another. I'm way more likely to fudge my budget or justify one more thing on my credit card. And I've never carried a balance on my credit card so I qualify as one of the weirdos in this scenario. Could it be a correlation with the types of purchases I tend to put on the cc? Maybe. It's just been an interesting observation for me.
@@jessicak7965 That’s interesting. I really appreciate your feedback. I know they don’t quote the “statistically” source in this video. But in their other videos, they quote the MIT study which is based on “Neural mechanisms of credit card spending.” That study, and all that I’ve found is comparing paper to plastic, not a credit card vs a debit card. Using cash, I totally agree you will spend less because you have a limited amount of funds in your wallet and can’t go over that no matter how good the deal is in front of you. It’s an in-your-face budget. Plus as the study finds cash has a “pain-of-payment” factor that plastic does not. For example, that 50% off sale on something you can stick in the freezer, you can’t take advantage of because you didn’t bring enough cash thus you will spend less for your current shopping trip, but not necessarily overall. On the other hand, if you see that piece of clothing on sale, you might not ever get it once you walk out of the store and thus save in the long run.
Hi I love your show! Hilarious and informative. I do have a question...when it comes to life insurance what do I look for? Invest in? I will retire from the military in about 3 years and I want to make sure I am doing things the right way! Thanks!
Who else is excited?!
Love this show!
@@HartFamilyAdventures one of a kind!
I am!
@@BBEX-fu5ho let’s go!
I totally get what you say about keeping the money together. My fear comes from my mother's life. My father and mother put their money together in the early 60s. When he left us, I was 2, and he drained their savings account and completely ran up their 2 credit cards. They couldn't find him. Mom had to get a lawyer and luckily was able to have that expunged, but lost money - she was the breadwinner while he was studying. And back then, women could not get houses on their own - they would have had to have someone co-sign. So she was screwed.
Mouth chiclets 😂.. I am dying.
The explanation of the $1000 BS1 actually makes so much sense. I don’t think I’ve ever heard them justify it as it not being enough
Love Dave. He calls a spade a spade.
George can do standup as a side gig😅
I think if you did some more research on the insidious activity of the alcohol industry you'd see even more parallels than mentioned on the show. The nature of their behavior is what has me reevaluating my relationship with it, in the same way information I've learned from your shows has me reevaluating my relationship with my credit cards.
Sincerely,
Someone Who Only Drinks On Occasion and Pays Off Their Credit Card Every Month.
17:40 - yes, a lot of folks call it Penney's, or if they wanna go pseudo-bougie, they call it "Jacques Pennier ("pen-yay")",
My father already told everybody in the family before we would even ask, but he’ll never cosign anything for anybody.
This was a great episode!
Broken garage door, not fixable, costs more than a $1000 to replace.
But you can choose not to use the garage door until you have the money to fix it.
Park in the driveway. And if you can't park in the driveway because of your HOA, well then, you see why HOAs are stupid.
@autumnjerene yes that works if you can close the door, but having an attached garage with no door is not an option in the inner city especially.
That is bull crap and whoever quoted you that price is trying to rape your wallet. You need to shop around
@@autumnjereneOk. Broken furnace. $6,000. You can’t choose not to fix that.
You guys are awesome!
First time I hear one of them mention truly healthier food choices (peanut butter comparison). I’m here for it. 👋
George is living out a modern day Seinfeld episode at CostCo.😂
JIF does make a natural peanut butter, where yes there are 4 ingredients. We started to get natural when training our dog and the vet said make sure to not give her all the extra junk in other peanut butter.
5:59 what hair products?
Have either of you two had your debit card compromised/stolen? Have you ever woke up to your account at zero or close to zero balance when you had 4 figures in it the night before because someone got access to your account?
I think your "spend more" analysis might be skewed but since I don't have access to the data, I wonder: Have you separated those accounts that are paid off monthly and no balance forward and did the analysis? I can see "People spend more money" being valid for those that carry balances, but I question that for those that always pay off their balances.
36:44 please make the smart money after hour, and
Make the cocktails together.
16:49 I used the debt snowball method on homework and I felt like I was procrastinating... yikes. Different for everyone and that's completely ok! 👍🏻
I enjoy this show in managed doses. I think that it flies better if you live below the Mason Dixon Line. I live above that line so I find the episodes focused on finance more engaging than lifestyle. I definitely appreciate that you are reaching younger people about the importance of making smart finance decisions and developing a financial plan. Your personalities and outlooks make me smile often.
What pomade or hair spray are you using George?
I love George! He’s so freaking funny. And the Mike McDaniels reference, there’s something going on there.
You guys are awesome.
Jade and Dr. John may not come right out and say it, but they definitely give off the "you are dumb" vibe, as well as being very condescending to many callers. George and Rachel are always nice.
I get that vibe from all the hosts except Rachel, but honestly I don’t mind it. Sometimes I do dumb things and need to get called out on it in order to improve. ❤
If you buy peanut butter with oil.... Turn it upside down. The oil mixes in itself and you don't have to struggle to stir