Money Expert Reacts To Brutally Honest Money TikToks

[@groggdog15]

“Hey, let’s pay for our own food” simple. I’ve never been out with friends and just split a large bill evenly, it screws over the cheap eaters and benefits the big eaters, it’s a horrible concept.

[@MustafaAgaDev]

Are you even friends if you have to calculate how many you and your friends eat?

[@thebes118]

​@@MustafaAgaDevYes, if you are on a budget.

[@RemixerDarken]

Absolutely. No communism at this table. Pay for what you ordered.

[@trumpetbob15]

Was on a high school trip that pulled that crap. Not only was the service garbage (we had one guy send his incorrect order back but snuck a fry underneath the burger to see and yep, it was still there when it came back) but then the chaperones forced us to evenly split the bill - which for my limited order meant just the mandatory tip portion I was forced to pay was the cost of my meal. Been multiple decades now and I'm still bitter about it cause I hate this idea so much!

[@jasonrodgers9063]

@@RemixerDarken TRUE! Simple and FAIR!

[@TheLucky17]

"Why can't I be your rich BFF" George you're hilarious 😅 And about the lady jogging while tiktoking...comedy gold. You're my fave Jorge

[@RyuOmega33]

Only thing i would say about debt vs investing is always get your full employer's match. 100% return in your investment is no joke

[@superjock28]

It's a joke to the Ramsey team for some backwards reason

[@phillipbuford4775]

Only thing to consider is risk of not getting rid of the debt, but your situation has to be messed up to have to pass on 100%

[@chrisfreeman4876]

Agree, but the lady is wrong about the 7% rule. Remember the stock return, even if it comes true, is pretax but you pay the interest after tax, so not the same dollars. You have to adjust for taxes to make the comparison. My rule, take free match money in 401k, then pay off all debt unless it is VERY cheap, (like 0-2%), then max out HSA if you have it, then max 401k, then DC, then brokerage accounts. This assumes some level of emergency savings like $5k.

[@Joenzinator]

Who just splits the bill evenly? I either cover the whole bill, or get the server to split the bill.

[@Nick-ht5yi]

I always feel like someone is getting taken advantage of when splitting a restaurant bill evenly.

[@ryanjv]

My friends and I usually get a drink or two and an entree and they're usually all within the a few dollars of each other. We either take turns paying or do a quick estimate split. We're not going to go through the receipt and go like by line. Not going to nickel and dime for a couple dollars one way or another. If I spent 30 for us one night and you spent 25 another night, it's fine. It'll balance out If someone goes big with something they're mindful to pay extra. The biggest eating out advice is to have friends that are good people

[@MrsLionessy]

😂 the take on YourRichBFF was hilarious. It’s literally a guy vs. girl approach to it. We overthink all, and communicate that way vs. direct with no frills 😆

[@ShortStoriesbyMatt]

Splitting a group bill evenly is extremely stupid

[@alexm260]

It’s pretty common among people who aren’t just scraping by.

[@mikeyman1974]

I mean I wouldn’t say me and my friend group is high on the hog but we just do it because we are friends between the feeling of nickel and diming as well as complicating the staffes job we just don’t do it. However this is an obvious line. If one person’s orders far exceeds everyone else’s that’s on them.

[@TH2222-o5v]

completely agree, had a friend who insisted on eve splitting because it was one of his many forms of posturing. got to the point that we had to start asking for separate checks

[@greenlantern1986]

I KNEW he was going to make a stupid strained credit card points connection. Also, George just learned he's the least favorite friend at the table.

[@phantom3827]

He fights hard against credit cards because of how predatory it is. Instead of thinking: look how little I can make off of this! Think: look how much more this is taking away from others.

[@mikeyman1974]

@@phantom3827i get his sentiment towards cards and obviously he’s appealing to the low IQ and greedy crowd but credit cards aren’t that scary and with a small amount of responsibility and due diligence you never have a problem. Heck technology has only made it easier to keep up to date on your tabs and bills.

[@GeoffJohnson]

Terrible advice on the 401k. You should absolutely take advantage of your employers match, that is 100% return!

[@laneyluneva]

Right. Just do the minimum for the match and nothing more until debt free. You can still focus 100% on your debt, as long as you count that investing as a deduction from your gross pay that you wouldn't even consider touching.

[@konradterlikowski8788]

This right here.

[@ElisabetTX]

I can’t believe you’re still telling people not to do at least up to the employee match. That is the best of both philosophies.

[@motoryzen]

Kind of like how most of us with half a brain still or face-palming and laughing at the fact that we can't believe that you don't worshipers are still spouting the same nonsense without thorough details being involved one of those details meaning in your case that you're not including the fact that he says that only when you are in debt. Notice how when Ramsey or anyone else that works for Ramsey Solutions talks about the idea of investing, they are talking about pumping a Roth IRA like a boss or pumping a match Ira like a boss after one is debt free. Keywords there after you are debt free😂 You are loved leaving out the details hoping no one would notice. Big hint those with even half a brain notice

[@ThatGuysGuitars]

Because they preach that it’s “smarter” to turn down a 100% return (company match) to pay down a car loan, even if it’s 0% interest 😂 Seriously, (assuming you were at the company long enough to vest) - you could in theory, invest to the company match, pull your investment + match out, pay the penalties and taxes - and pay off the debt even quicker. Or just, Yknow. Make a budget - and allocate a payoff amount to tackle your debt in a reasonable time, while also investing, I get their point, it’s “intentionality” - but seriously; the Ramsey crew is built to make you focus on getting out of debt, and That’s it. It’s their audience, and that’s fine. But that’s about all they’re good for If you want actual wealth building advice, go somewhere else. There’s a to

[@chaydonofallon1352]

All Ramsey cares about is debt. If you actually want to get wealthy, listen to the money guys.

[@KatastrophicMess]

Funny that everyone skips over how it’s a temporary pausing…you’ll get out of debt faster without throwing part of your paycheck towards investing for a short time. The faster you get out of debt, the taste you get back to investing. Did you listen to the video?

[@KatastrophicMess]

@@chaydonofallon1352most people have debt, so that’s what they focus on. Getting people free so they can do what they want with their money without sending a large chunk to lenders. The “money guys” may have good (I say that kind of sarcastically) advice for a small number of people…Ramsey’s advice works for way more people.

[@mandylee3862]

SHE became the least favorite friend at the table after that speech

[@supreethm92]

The pausing investing is not mathematically correct. If you have a company match, in most cases you are immediately getting a 50-100% return on your money before we even account for potential investment returns. This is why even when you are prioritizing paying off debt, you are still gaining via this approach. Also you won’t gain much margin to pay debt off quicker when you lose that opportunity as well as paying tax on that income.

[@arh1234]

Ramsey has never focused on math. They focus on psychology, and what people will actually successfully do.

[@dynoFF30]

Splitting the bill evenly winds up making the dinner more expensive for everyone. It’s a prisoner’s dilemma situation where everyone would be better off getting cheaper meals, but everyone in incentivized to add more to their personal tab

[@donnahampton3632]

Jayden BROKE! I laughed out loud!

[@christyblankenship1248]

“Maybe she’ll have someone else to talk to other than her phone” 😂😂😂

[@SteveRobin-w8e]

The average 401k contribution is around 4-6% to get the employer match - this is a 100% return on your money. Why does not investing 4-6% for your employer give your 'more margin to pay off debt' but giving a whole 10% for tithe not impact your debt payoff journey at all? Last time I checked 10% is greater than 4-6%? For a company that values 'facts over feelings' - they sure do a lot of things based on feelings.

[@brianmcg321]

You should write a book and start a radio show.

[@kingsgold]

it's the motivation behind it. cutting it off means now you are 100% committed to getting rid of that debt ASAP, learning your lesson on debt, and moving back to getting that match and reinvesting. Then you know next time the actual cost of that debt. Otherwise, you will just get back into debt and not learn anything. The more impactful the bad thing is, the more you want to avoid doing it again. MATHEMATICALLY, dropping the 401k doesnt make sense. But it isnt about the math, it's about the lesson and learning that debt has bigger impact on you than you realize. More so if you are someone in $100k+ in consumer debt, because you are unlikely barely getting anything back in interest in your 401k compared to what you are paying in interest on all that debt.

[@Papawforreal]

How much money do you have?

[@jonm.678]

Agree completely. This is something I’ve always disagreed with the Ramsey plan is the tithe. I’ve listened to the show and heard multiple people in debt up to their eyeballs but still tithing 10% of their income but stopping investing. It makes no sense. You need to put your own oxygen mask on before helping someone else. Stop tithing until your debt is paid!

[@crashtestdummy1972]

You are mathematically correct. But people who are bad with money need to change their behavior. If they keep the match, (which is amazing) if they have bad money behavior, it can cause them to not fully commit to the process of handling money better. As for tithing, I think you can replace this with just general generosity which I think is something you should do regardless of being in debt or not. I might not say 10% of your income but even donating a few $ to a charity or your church or even donating your time i think would be fine.

[@greg_216]

"Hey, can we do separate checks?"

[@charlafrederick1245]

Dave and Busters is fun! The best idea for exchanging tickets is the food. You can get an entree from 2,800 tickets. So we pay for fun, earn dinner.

[@Ww8.3]

By putting my normal monthly expenses on my Amex card and paying it off every month I got free checked bags free companion ticket and an upgrade to first class. I’ll also get a discount on rental cars. I’ll be driving in my discount rental while George spends 2 hours proving he can rent a car without a credit score. Time is money 😂

[@hrg_tv]

I turn my Amex points into Home Depot gift cards. So far this year I’ve gotten $4,000 in free stuff and still have about 500,000 points left. Not to mention the free checked bags and lounge access, dell credits, etc etc. it’s a total win.

[@jaredhall6649]

I love George but hate his take on credit cards. I like caleb hammers take which is some people are credit card people others aren't. Regardless you are going to need certain necessities, why not put those expenses on a card that will give you rewards vs a debit card where you get nothing back. I've never had the mindset I need to spend more to get points on my credit card, it's just a perk

[@laneyluneva]

Right! Dave and team don't tell people not to use debit cards, so I don't understand the hate on people who are disciplined about credit card use. We have zero revolving debt, we always pay and if something happened to our income, we would severely limit using them. We would not suddenly stop paying them and start getting interest for unpaid balances. We only use credit if we immediately have the cash to pay. It's true we do not get the pain factor of handing cash over and likely spend too much, but debit cards are the same!

[@Ww8.3]

@ not only that but when your debit card is compromised it takes a long time to get a new card and your own money back in the account.

[@NellyBlueee]

I either transfer my points to airline partners or I just transfer them for 1.1 CPP over to Schwab and fund my Roth IRA for about $600-$1200 out of my $7k for the year

[@skylinec83]

Chick getting her steps in gave 100% legit advice. Ramsey Solutions deserves the shade for giving controversial-at-best (but actually bad mathematical) advice. So just own your bad advice instead of trying to make fun of her. You don’t know what her financial situation is. I agree with her advice - speaking as a multimillionaire.

[@eeveeobsessed5215]

As the Ramsey teams always say, money isn't a math problem. If people made decisions based on math, nobody would ever be in debt. Instead, money is a behavioral problem. If you actually listened instead of tuning George out, you would have heard him say that not investing motivates someone to get out of debt faster. You feel the heat to get out of debt so you can get back into investing more of your income. But hey, if you want to take nineteen years to get out of debt, go for it.

[@toddyoung913]

​@@eeveeobsessed5215no sometimes money is an attitude problem. The problem is people say it is an attitude problem but you know how many people get out of debt the dave ramsey way is the same number as get out using actually good advice because using tge ramsey method is still predicated on the attitude change already having taken place. What the Ramsey method does is penalise your financial future by giving you a inefficent method of getting out if debt instead of using the most fiscally sound method.

[@jaredhall6649]

​​@@eeveeobsessed5215and if you listened to the lady in the video she referred to small debts that are less than what your return in the market would be. If investing 5 percent of your income to recieve double money that grows is really hindering you from paying off small debts than there's probably no hope for you paying off debt regardleds

[@skylinec83]

@@eeveeobsessed5215 Are you delusional? You can absolutely make decisions based on math specifically to get into debt - how tf do you think a mortgage, a car loan, or a student loan works & gets calculated? Ramsey Solutions caters to people in debt and can't do math - that's why they have to dumb down their advice based on behavior since their audience can't understand math. For normal people and above, one look at the math and they'll know exactly what to do since they'd make the logical decision to take a 100% 401k match even over paying off a 40% interest payment. I'm pretty sure George knows this himself but he's also smart enough to know that the parent company owner has chosen this asinine position as a hill to die on - so if he wants to keep his job then he has no choice but to defend the position, even if it's at the expense of his credibility. I agree with George on 80% of what he says, but there are some topics where he's effectively a sellout - this being one of them. Dave Ramsey and Ramsey Solutions do a lot of good for a certain demographic of the population - but you'd have to be an idiot to follow everything they say blindly as gospel. No actual rich person is following Ramsey's baby-steps as a primary guide for their finances - it'd be like Michael Phelps taking swimming advice from the lifeguard at the public pool (Ramsey being the lifeguard).

[@GyasiBarber]

I strive to be a credit card company deadbeat. I am okay with businesses paying merchant fees to Visa, Mastercard, Amex etc. and me paying no interest ever on my credit card balances. If I get a few thousand dollars worth of stuff without giving them any interest dollars, I'll take that.

[@PandiLand]

"why can't I be your favorite Wall Street girly?" 😂😂😂

[@thebes118]

I agree with her. I have debt and still investing. Especially in high yeild ETF'S. But I am paying off extra on the debt.

[@ryanjv]

Credit card rewards are not a waste like d&b. ONLY if you don't carry a balance. If you do, then yes, not worth it, but if you have the money to pay your bills/groceries/etc, put it on the card and make the payment immediately. Now you have a bonus It's absolutely unreasonable to advise not to have any credit cards.

[@motoryzen]

...yeah sorry im the 1st to downvote your comment....In response to your last sentence in your comment, you couldn't be more incorrect because the vast majority of people who have credit cards do not pay them off in full every month. They carry a balance and thus they have interest fees and some of them are even late paying their payments so they have late fees. Those rewards points in our cash back doesn't mean crap now Also the vast majority of people who use credit cards to pay 4 things temporarily often buy more stuff that's either unnecessary at all or either more of that necessary item than what they originally needed often and an example of this is groceries buying too much of an item that you know God damn well or they know God damn well or new good damn well would spoil before they had a chance to consume it You get worshipers keep forgetting the fact that still the majority of you all and do not pay your debts off in time in full every month to avoid interest charges some of you don't even make the payments on time within the grace period and thus you're incur a late fee here and there. Stating what you stated in the very last sentence of your original comment is what's asinine because you think that all those people who use credit cards are use them responsibly instead of being late on them be at payment or paying them off in full each month

[@ryanjv]

@motoryzen yes a lot of people don't pay it off and carry a balance, which is bad, however they're not saying "only do this if you're responsible" or teaching how to. They're blanket statement saying do not do it. If people can learn to be responsible, then they can start to leverage this to their benefit

[@motoryzen]

@ryanjv well would you complain about anyone at Ramsey Solutions stating not to drink any alcohol if you know that a pretty significant percentage of the population over does it and kills their pancreases or livers... verses telling people if you only drink a little bit of whiny today and actually has positive health benefits which is an actual fact. The problem is mini wines have too many carbs and sugars in them. And just like with the idea of going into debt and credit cards, there's just two significant noticeable of a risk of doing more harm than good. That's why they say they do not believe in debt including credit card debt

[@OneIncomeSuperSaver]

@@motoryzenYet not everyone is irresponsible with credit cards. You can’t blame credit cards for your poor money management and choices. Responsible people take responsibility so they never end up in poverty or credit card debt

[@Zbecker13]

​@motoryzen how are you saying the OP is incorrect if they literally said IF you do this THEN credit cards have value. That's a true/false statement. If you don't pay on time, spend more than you have, etc. Then don't get a credit card...grow up first. The Ramsey blanket statement that all credit cards are bad for all people is complete and utter BS. "They wouldn't do it of they didn't make money". We'll, of course they make money...That is OPs point. If you can't manage it, then they're making money on you and you shouldn't have a credit card. If you can be responsible, then the right credit card is a game changer.

[@TH2222-o5v]

I did the cheap airfare, crazy flight hours, deal for years but it's usually not worth burning a day trying to get caught up on sleep in the hotel. Also, flying super early means you get to the hotel well before the 3pm check-in which means you either need to pay for early check-in or hang out in the lobby for a few hours.

[@dylanturner9628]

Playing games at dave and busters is nothing like credit card points yall are actually ridiculous about that stuff

[@phantom3827]

It’s just a comparison. Of course you’re playing games and not actually calculating what you need to get a “prize”. It’s a message to those that take the time and mental energy to pay off credit cards just for the rewards. And how gamifying debt, (instead of earned income) is dangerous instead of fulfilling.

[@shanep2760]

Been out with friends many times. Not once have we ever split a bill

[@chriscooper4989]

6:20 What are we supposed to do now? Two words: separate checks

[@ChristineWoodington]

Wow spicy at the Budget Mom, please collab with her.

[@bolo34lx]

Not investing into your 401K to pay off debt is stupid advice. It's downright unconscionable. Not only is your money going to grow at market rate (8-10) percent, but if you get an employer's match, it's an instant 100% returns. Your debt, even credit card debt, is only in the 20s% so not getting the match is insane.

[@janise01]

I agree. At least get the match. Otherwise you're taking a permanent negative action for a temporary problem. Lets say 2 people with identical situations (same income, same debt, same bills, etc.) are working the snowball. One stops investing altogether and pays their debt off in 12/2025. The other still invests up to their employer match and pays their debt off in 2/2026. After that they both invest 15%. The first guy will lose out on the years of growth from the money invested in that year and in exchange pay off debt slightly sooner. Are those 2 months (for example) worth it? IMO no.

[@mathematician1234]

If you solve this as an algebra problem, then you are 100% correct. The Ramsey folks argue, however, that most folks are in non-mortgage debt for reasons other than basic algebra (e.g., a lack of discipline or the inability to delay gratification). So, they need to give advice using arguments other than basic algebra.

[@janise01]

@@mathematician1234 True people are in debt due to non- math issues primarily lack of self control. However it still makes no sense to tell someone to do something that'll have years of impact just to shave off a couple months. That's like telling someone who previously failed at eating healthy to just not ever eat again. That doesn't make sense to do. Also my primary beef with the Ramsey argument is they compare apples to oranges when making their argument which I find dishonest. You'll notice that they always compare someone who's not paying off debt and still contributing to a 401k to someone who is paying off debt and not contributing. That's a bad faith comparison. The proper comparison would be 2 people at the same incomes paying off debt with one contributing to a 401k and one not. If they did an apples to apples comparison and actually talked about the difference in debt payoff timelines, the tradeoffs of extending debt payoff and funding retirement, etc. then I'd be more open to their POV even if I ultimately disagree with their conclusion but ATM I can't even get far enough to consider their POV. It also bothers me that they tell people to hurt their own future but still encourage people to tithe with money. I'm not anti-tithe nor looking to get into a religious debate but I do think that if they're going to tell people to delay retirement then they should also be advocating for people tithing in non-monetary ways such as donating their time or donating excess goods they may have to the church instead of cash.

[@pawnzrtasty]

I’m paying my house off first. Period. I’m on track to pay it off in 10 years. Saving literally over 180k no one is even coming close to saving that up in ten years. None of your investments are going to pay out like that. Plenty of time after to invest by then I could easily dump half my money into stocks and that’s also putting 10% into a medical fund. Because I won’t depend on Medicare when I’m old. I have my own money for that.

[@bolo34lx]

​@@pawnzrtasty Mathematically...investment does "pay out like that". The SP500 goes up on average of 10% a year so unless your mortgage is near 10%, then investing in the SP500 has more returns. But the point of the video is 401k match. If you don't get it you must not like free money or want to give your boss back money that he wants to pay you. It's 100% returns the moment you get it, at least 94% better than paying off the mortgage.

[@Joenzinator]

Come on George, getting the employer match for most people is 5% + 5%. So they aren't going to be 4x their investment rate by going to 15%. Unless the debt is crazy high interest (25%+) then get the employer match. It's a 100% instant ROI, and that 5% shouldn't prevent a focused person from knocking out that debt quickly.

[@Austin-fc5gs]

sorry comparing two numbers is too complicated for this financial guru

[@brianmcg321]

You should write a book and start a radio show.

[@Austin-fc5gs]

@@brianmcg321 theyll need to go broke after being overleveraged in real estate first

[@nicholaskenny4684]

Not to mention contributing lowers your tax burden which is also more money you’re not giving away

[@bettygrable6440]

Why do you follow this guy if you disagree with the program?

[@NathanLong]

Ha, the light in the car thing. My wife said that to our 8 yo son 2 days ago. 😂

[@vintagecrazyjay4970]

Whenever I hear the word FINE, I think of the movie The Italian Job, FINE = Freaked out, Insecure, Neurotic and Emotional. Good times. Cheers!

[@mrsh2167]

george looking good in caramel brown, army green or black

[@xlerb2286]

Yeah, I'm not buying the advice to pause investing while paying off debt, if there's an employer match involved. I worked at a place that did a 100% match, immediate vesting on the first 4% of your salary and a 50% match on the next 2%. That's a free pile of money that's 5% of my salary and dollars you can't get back later no matter how high your investment rate is once you are debt free. If there's no match involved it's easier to justify a pause.

[@jwillsher80]

13:20 So it is ok for you to sit around and criticize others for views, but someone criticizes Dave Ramsey for views or leaves a comment, they are villains?

[@KatastrophicMess]

It isn’t that deep bro 😅

[@nestorpiedraquesada2954]

The Peanuts reference was on point!!!!

[@finansailab]

Thank you!! Amen 🙏 🙏 🙏

[@steckergraphics1760]

I have to disagree on the credit card points. for a majority of people you'd be correct, but I use my capital one rewards card for my business. I average $500 cash back every month and in 4 years have never had an interest charge or any fee other than the $90 annual fee. Not to mention it helps keep my credit score at 800. I'm well over 20k ahead on this one! please tell me if I'm missing something.

[@trumpetbob15]

Definitely doesn't apply to everyone but the thing to remember is that folks like you and me who are making money from the rewards are being subsidized somehow by the folks not so good with money. Since I pay off my credit card bill every month, I pay no interest and have a "free" checking account; I'm not paying for the service but someone must be.

[@alexcastvix8823]

Getting 500 in cashback by moth means that spending is at least 10k each month (assuming a 5% cashback rate). In that case, there only two situations: either you’re huge debt, either you are in top % of income (so quite rich and able to pay card in time). And I agree, in the second case, when you are responsible (ie you pay in time), using credit cards is for sure a good choice

[@trumpetbob15]

@@alexcastvix8823 I don't get quite that much back each month, but since my income can cover my spending most months (with savings covering those rare "annual bills due" months), I have multiple credit cards but mix and match the spending to get the best points. Again, probably not a Ramsey recommendation, but like the OP, this is one of those recommendations that doesn't apply to people who have completed the first steps in the process. (I personally did the envelope method for about 5 years, getting rid of my credit card and student loan debt, and saving enough for about 16% down payment on a house.)

[@hrg_tv]

I spend about $50k a month on my Amex and turn the points into Home Depot gift cards. New washer/dryer? Free. New microwave and dishwasher? Free. New bathroom? Free. New deck? You guessed it. All free. Along with free checked bags and airport lounge access, it’s a great deal even after the annual fee.

[@curtissouth916]

@@alexcastvix8823He said its for his business. Even a small business can spend upwards of $100k/mo on inventory, supplies, materials, etc. Capitalizing on the points can be very lucrative.

[@ashleynobles1313]

Love the budget mom and the pay by paycheck

[@eaton24]

Time in the market is way more powerful than investing a larger amount years later. But hey let’s give it up for the Ramsey blind spot

[@singingcapecod]

Spicy, for sure!

[@LivefreeLoz]

Hit 240k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in September 2024.,.

[@HollyGarwell]

I would really love to know how much work you did put in to get to this stage

[@LivefreeLoz]

I will be forever thankful to you, you changed my life I will continue to speak on your behalf for the world to hear that you saved me from huge financial debt with just a little trade, thank you Jihan Wu you're such a life saver

[@RichardArthurBaker]

Jihan Wu Services has really set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of life's

[@RobertAlbrecht-c5d]

His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.

[@GregFunnell-q9f]

I'm favoured, 90K every week! I can now give back to the locals in my communities and also support God's work and the church. God bless America,, thank you Mr Jihan Wu😊🎉

[@MPAutomotiveCrafts]

I always start my day with a video from R. Solutions, great content.

[@matthewsawczyn6592]

The Charlie Brown teacher voice 😅🙌

[@LindseyHarvell-vc4ez]

In some cites you’re not allowed to split the check. Like Chicago. It’s dumb.

[@rachelharrison7961]

Was that Kumiko, the Budget Mom, in the walk and talk video?

[@Kurstonclark]

Yup

[@jwarnstarsmile]

You bet!

[@Pottapatri21]

Let me tell you something as a Gen Z, George. I prefer your Cheugy Millennial Hair.

[@motoryzen]

6:26 to 6:37 or you can just tell the server quote I want my check separate end quote and that way the only things you order are the things that you pay for. It's not rocket science

[@vickikendricks1605]

Or you can say, "Yo I'm paying for my own meal. You're on your own."

[@thefrugalrich]

Boujee frugal? New channel name 😲

[@ihill6533]

Just because its a Ramey recommendation doesn’t mean it is not bad advise. Always max out your employer match.

Haha the car light thing is definitely global. I'm in Scotland and my parents said the same thing. It isn't illegal here

[@wendystyles6935]

4.5% interest on savings is still low in the UK. My absolute lowest is 3.65% and best is 10%

[@jwillsher80]

5:05 Doesn't the Lampo Group (AKA Dave Ramsey), make their money with books and courses?

[@maureenviola]

😂

[@toddyoung913]

Yes and would you believe it financial advice!

[@michael589m]

And affiliates of course

[@nathanmartin9308]

Laurel road lowered the interest...again...it's now down to 4.15%

[@DavonsMedia]

What is George gonna do if Tik tok is banned

[@justinbowman2126]

Plenty on content on KZbin

[@valeryrodolico9238]

BOUGIE FRUGAL!!! 🎉

[@the_real_greywolf]

George hit me up, I love D&B! 😁

[@meljordan220]

Whenever we would go out to eat with my oldest sister she would always insist upon splitting the bill. She would get the bill pay with her credit card and we would give her cash. Little did we know she had a debt problem. She did not use the cash to pay her credit card bill. I was away for her to make money off of us.

[@motoryzen]

Yep I met a few people like that and I immediately told him no you're not going to scam me. They replied with quote what are you talking about? " And I will tell them that I'm aware of their opportunity to try to order stuff that's more expensive than what I would try to order and hope I wouldn't notice in that I'd end up paying half thus paying part of their bill that's not mine to enjoy. Then I would state that if every that if I have my own separate ticket that means I'm the only one responsible for my ticket and I'm not paying on anybody else and that's the way it should be I'm not here to feed the world😂

[@oltexify]

This is all great...EXCEPT for the snide comparison of the first clip at D&B's to credit card points. WHY are you people so obsessed with this? Yes, there are lots of people who mismanage credit and spend more money than they should to "get the points," BUT there are also loads of people who are very financially savvy and use credit cards strategically to ONLY purchase things that they would be buying anyway and then reap the benefit with tens of thousands of dollars of free luxury travel. If these smart consumers (myself included) used only cash for all of those purchases, we'd still have the same things that we bought, but we'd additionally have to pay out of pocket for the travel! If you can make it work, have the means, and the financial literacy, it would actually be irresponsible to NOT use credit cards in this scenario.

[@barnabusdoyle4930]

The first video did it so wrong. Where’s MatPat to run the numbers. You go to Dave and Busters and you average out the payout ratio of each of the machines to find the best one to play to maximize ticket to cost. Then you can calculate how much money it takes to get enough tickets to get the prize, then look for specials days like half off games. Then you compare it to other similar arcades for their grand prize. Come on guys, do it right

[@trumpetbob15]

I'll be honest: I'd rather pay a bit more in time and money to NOT fly if traveling! And if that means I'm limited in where I can go, oh darn - guess that staycation in my own house with all my own stuff is something I'll have to "suffer" with!

[@AnimatedIdiotGuide]

Staycations are better period. Literally no reason to travel and waste money on anything

[@danielllotz4187]

Dear Americans, utilize that employer match for retirement, I wish that was a thing in South Africa. Most places you have to take care of retirement on your own

[@sgt_hobbes]

Budget and aggressively paydown debt. Bad news is Americans are notoriously bad at saving money. 401ks help with that by saving you on taxes and taking that money from you before you can see it. The employers match doubles that money. As long as you won't go into more debt while hitting your employers match i would suggest hitting the maximum match and while paying off your debt. And budget so you know how much you can contribute and not go broke. Get the $1000 emergency, fund max your employers match, while you aggressively pay off debt. Even with debt there are people who just spend more than they have. Figure out how much you have and come up with a plan

[@XRIDER0002]

I 100% agree with the woman in the shades. BUT i under why you guys do what you do, its about the mentality of it all, and everything finances is NOT one size fits all. Her idea may work great for some people, your idea may work for some people. Its about picking what it best for YOU and your mentality around money. Its the same thing with avalanche vs snow ball, snow ball can be better for you mentally, even if it doesnt make the most financial sense.

[@toddyoung913]

I really don't understand Ramsey they advocate bad financial advice to inefficently get out of debt because it is low risk then 10-12% return on investment which is definitely high risk investment instruments aka it is a higher return than the market which is already considered high risk investing.

[@jude1245]

Jesser in the first video makes content off stuff like that. So it’s not about proper money management for him because it’s pretty likely he’ll make the money off that content. And yeah all his friends are content creators too.

[@merylreeves]

Nice video coverage keeping up with current trends and strategies can help traders stay ahead of the curve and make informed decisions, It is important for beginners in trading and investing to understand that success in these fields requires technical analysis, emotional maturity, and self-discipline. Thanks to steve michael steele insights, daily trade signals, and my dedication to learning, I've been increasing my daily earnings. Kudos to the journey ahead

[@merylreeves]

He mostly interacts on Telegrams, using the user-name,

[@merylreeves]

steve_894

[@Stainje]

I’ve just looked up his name and found him without sweat, very much appreciate this

[@Gordon689]

Before i encountered steve michael steele, I was losing trades but his expertise in technical analysis, coupled with his effective risk management strategies, has helped me navigate the volatile market with confidence.

[@MaryElecto]

steve michael steele. gave me a basic understanding of the benefit of trading over holding, especially in a speculative market. He then provided me with his daily trading patterns; I'm now earning impressive profits daily.

[@77Redleader]

If I put in 100 bucks a week and my employer matches it. That's $5200 a year. Plus time is just as important as money. Rameys is always talking about compounding interest. So if it takes you 2 years to pay off debt that's over 10,000 dollars plus interest, that you can't get back. Also I had a late start in life. So I need all the time I can get. Missing out on free money from your employer doesn't seem like a good idea.

[@77Redleader]

@Georgekamel_fanpage Sure. I always think paying off debt, is the best option. I was just wondering what your thoughts were? I'm 47 and have about 190,000 in my 401k. So time is pretty important to me. Thanks

[@77Redleader]

1st off paying off debt is the best option. But for me I didn't want to miss out on my employer match.

[@JoeyLeBlancMusic]

I’m on Baby Step 2 but I do Travel rather frequently due to being in a long distance relationship The biggest advice I have for this is PAY CASH! I set up sinking funds for flights/travel and I don’t “cheap out” on the flights because I’m being intentional I should add I don’t spend money on ANYTHING else outside of this because she will hopefully be my wife someday and I’m saving to move 🤗

[@amandaprather6573]

Bringing up the Taco Bell dog dated us, and I’m not into it. I’m saying “us” because the video also told me you’re two years younger than me and I just feel old. Thanks 😏

[@amac012]

It js bad advice to pause all investing regardless of interest rates. Compound interest on a small income percentage will take you farther than dumping a lot of money into investments later. 20k invested at 20 is worth more than 40k invested at 30. These are basic economic facts.

[@PattyCakeJake]

Mathematically, yes, you are correct. However, they openly discuss the psychological benefit of pausing investments to tackle debt. This builds momentum. If one does not focus on a specific task and try to do too many things are once, they are not successful. Doesn’t mean that this is bad advice, it’s just a different plan.

[@amac012]

​@@PattyCakeJake I mean yes and no. I agree with paying off car debt and home debt ASAP no matter the interest. It's really risky to not own things so vital to comfortable daily life. But something like a low-rate government student loan debt? Milk that 4% interest for all its worth and gain 8-10% in the market. But by far the biggest exception is 100% employer match. The only time you shouldn't do that is if it means you can't pay your minimums. You're a fool to forgo 100% return on investment if it's available.

[@TheKelsonmorris]

I will take that 4am flight regardless of my financial situation

[@rebekahbryant2227]

How is your baby 1 😢 I feel like she was born yesterday 😜. Then again my youngest is 4 😭🥴

[@nathanrice7352]

Ramsey still with the worst take on low interest debt.

[@meljordan220]

Only if you want to take your time getting out of debt. If you love your debt so much that you don't mind taking longer to pay it off.

[@nathanrice7352]

@meljordan220 or if you want to have enough money to retire in your 40s, even if you still have 10 years left on your 3% mortgage.

[@meljordan220]

@nathanrice7352 You don't think that George and Dave have enough money to retire on? Pretty sure they do.

[@nathanrice7352]

@@meljordan220 I don't care how much money they have, I care about how much money I will have if I follow their system. I don't have a media empire that makes $200 million per year.

[@nathanrice7352]

I don't care how much money Dave and George have. I care how much money I will have if I follow their system, vs doing things correctly. I don't have a $200m/yr media empire.

[@eli-bt4he]

Um, did George really say that the early morning flights have the longest lines at the airport? It literally is the exact opposite. If you want to have the shortest lines, be basically guaranteed to leave on time, and arrive early, get the earliest flight you can. The airlines are extremely highly motivated to get the first flights of the day out on time. George, just admit you are too lazy to get up early and stop making up b.s. reasons why you don't want to get early morning flights.

[@BryanPlaysDrums89]

I had to stop this video half way. I’ve never seen a video so long with little to no substance lol

[@latimer442]

I've always been skeptical of the 18 month or so average time frame that Ramsey and Co give for people being debt free, and have assumed that it's a lot of people with little debt dragging the average down. Because if you can pay your debt down in less than 2 years, investing will not be significantly impacted. But if it's going to take you longer....especially if you're younger, then that time in the market is vital. Doing employee match, or a small percentage of what is going to your debt seems a good way to take advantage of having your money in the market long term. Edit: For perspective, 6% of 5k is 300 per month. For 300 per month, they give you 300 per month. At 10% average returns, you're looking at hitting 100k in 9 years. If you pay off debt for 2 years, then go another 7 years investing, you now have to put in 450 plus their 300. But most people don't go gazelle intense for long after paying off their debt, so their income might drop and no longer support putting a higher amount into investing vs other expenses.

[@lindsey8817]

I think it also assumes two incomes.

[@InfernoNina]

Sprechen sie Deutsch 😂 Good wishes form Bonn Germany 🇩🇪

[@LadyBug..Reseller]

Those game places is slot machines for kids gambling for kids are bad .. I don’t take my kids to those gambling places .. shame on them … gambling for kids is bad ………..

[@jackwang660]

I really have to say you and dave ramseys company stand on cc points are not fully accurate as i personnel never paid any interests and late fee and had redeemed first class on international flights that equivalent to more than $20,000 many times without spending nearly close to that amout

[@tcgtpl]

Papa Dave hates credit cards & banks so no one at his company would dare say anything positive or neutral about them. They’d be out of there in a hot minute if they did.

[@narimansabah8655]

🥰😍😍😍😍😍🥰🥰🥰

[@sXePunkV2]

First video was the most obnoxious thing ive ever seen

[@Jen-qd4qc]

Not going to listen to you over the budget mom.

[@sarahhayden5655]

How funny are you ?

[@chadbailey7038]

😂

[@Carbuncle2029]

Fake Confidence Boy just doesn’t stop does he? 🍼😭

[@LifesBill]

This video is a great example of how out of touch George is with America. It is amazing how many kids don't know how much a quarter is worth, much less what a quarter of something is. It is much easier to learn to run after you've learned to walk. I've had parents of students complain about how percentages are "common core math" and they never had to find percentages. As someone who actually teaches kids about percentages and interest this was painful.

[@Pamsouthdakota]

Show more cute kids!

[@romanyimesgen6136]

I’m with Vivian George I like you but the waitress/ weather they’re going to get pissed off for asking a separate check. For this reason, there’s some people I don’t go out anymore because I don’t wanna do it anymore. I’m over it I just make up a story why I can’t join.

[@martyashka]

9:30 wow what a jerk

[@brown123604]

Second!

[@moose8984]

Second?

[@robkingman7623]

First

[@Kurstonclark]

Love Kimiko aka The Budget mom (big shades lady) and her budget by paycheck method. Prefer it over the every dollar app 🤷‍♀️

[@Jen-qd4qc]

Hate Dave Ramsey and his garbage “advice”

[@Kurstonclark]

@Jen-qd4qc i can appreciate some of Ramsey solutions methods & i enjoy George's content. However, the BBP method has been a game changer in my debt payoff journey!

[@jwarnstarsmile]

Miko is great! Maybe this will send a few more people to her budgeting ways. @thebudgetmom

[@instrumental]

"I played arcade games as inefficiently as possible so I could say it cost 1800 for an Xbox"

[@dynoFF30]

Splitting the bill evenly winds up making the dinner more expensive for everyone. It’s a prisoner’s dilemma situation where everyone would be better off getting cheaper meals, but everyone in incentivized to add more to their personal tab

[@eli-bt4he]

And that, my friend, is why socialism doesn't work.

[@ElisabetTX]

I can’t believe you’re still telling people not to do at least up to the employee match. That is the best of both philosophies.