How Cash Changes The Way You Look At Money - Dave Ramsey Rant

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[@lastgreatest7821]

Spending Cash makes you think twice .

[@blackworldtraveler3711]

Last Greatest As a child that's the way I was. I'm a financially responsible adult now.

[@johannadesgazon8297]

@@blackworldtraveler3711like your respond☺

[@sjf426]

Makes you think incessantly about how you’ll spend that physical cash in your hand. 🤔💸 It’s revolutionary to curb spending.

[@orionantares]

@@sjf426 it's really not. Not for people who were raised understanding how numbers on a screen work anyways.

[@Houseofarrows]

This doesn’t work for everybody, but it’s a big problem for a lot of people. I’ll be the first to admit that if i have cash in my wallet, i still go for the debit card because it hurts to spend the cash.

[@JacquelinePeters03]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@lennoxmutterick6434]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@JacquelinePeters03]

@@lennoxmutterick6434 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

[@lennoxmutterick6434]

@@JacquelinePeters03 Oh please I’d love that. Thanks!

[@JacquelinePeters03]

@@lennoxmutterick6434 Judith Ann peace is her name

[@JacquelinePeters03]

Lookup with her name on the webpage.

[@EricMuranoAU]

Can confirm. The first month I used cash only, we ended up saving $1k for the month. Previously we were living way beyond our means

[@stoicforall]

Congratulations!

[@sam.lipchutz]

Right on, and like Dave says saving money isn’t a math problem it’s an emotional one

[@avapilsen]

WOAH!

[@union310]

Spread the word

[@timafiggy]

yes close for me. next month for me will be 1,245.

[@jamesmoore5133]

I guess that's why a cashless society is being promoted.

[@blackworldtraveler3711]

James Moore Figured this out as a kid watching the Jetsons.

[@jamesmoore5133]

BlackWorldTraveler Yup loved that cartoon.

[@TheChromelover]

Yes. Probably that’s one of the reasons. Another reason is - in a cashless society, the government/corporates can keep a tab on everything...what you spend on, where you spend, how you spend, when do you spend etc. Evasion of taxes is more difficult in a cashless Transaction because it leaves a trail behind. It can always be tracked. So I think that is the bigger reason why cashless transactions are encouraged.

[@eileenlester4342]

Bingo!

[@blankpage9277]

Yep. Keep everyone enslaved to debtors.

[@johnnyapplesmith]

I'm 19 years old (graduated HS 4-5 months ago) and I feel like this guy's gonna be important for me to watch.

[@jerseynurse6878]

AtheismDies he is, and it’s great you are starting young.

[@elizabethlenajimenez4563]

What a wise young man you are👍👍

[@marcusj1167]

Bro, I wish I would've discovered him at your age

[@cateyes97]

AtheismDies Yes, please keep watching!!!

[@JollyRogerTheDodger]

Watch Jordan Peterson too!

[@John-yg2rt]

Caller: "Hey Dave, I'm just calling in to ask about this $20 bet I lost..." Dave: *"YOU NEED TO SELL THE CAR, ITS GOTTA GO"*

[@angelapennington4724]

John this is brilliant!😂

[@maplestoryinchinese]

True af

[@davidwilliams6016]

And I bet you have a nice big car payment? Hmmm.

[@blackworldtraveler3711]

John Yup.

[@wkdravenna]

Eh John kinda trivializing people for wanting advice, that's so sweet of you.

[@justinthematrix]

Another thing with cash is always save your change. It adds up big time.

[@gulfcoastlandandhauling2024]

Justin Shaw agree. I’ve accumulated over $100 in 6 months in just change using only cash just a few more times.

[@bestill365]

I do that too. I never walk past a penny on the ground either!

[@CadenMotiuk]

That’s why I love bank accounts though. It automatically saves you all of the change, instead of it sitting in a jar or getting lost

[@xdevvsyt7264]

That’s why with a little bit of self control, IMO it’s better to just use a debit card. You pay the exact amount and that change stays in your bank account

[@CadenMotiuk]

@@xdevvsyt7264 Exactly

[@ineedhoez]

Dave is so right. I did my envelopes the other day and dear god. I think about my money all the time. I set money aside for personal spending. I see it decrease and it makes me NOT want to spend. The mindfulness is amazing.

[@x_at25_x12]

Ong

[@turtleanton6539]

Faxx

[@AndrewKNI]

Even when grocery shopping, plastic does not provide any purchase restriction. If you go in with a set amount of cash, you make sure you don't overspend.

[@LordTrayus]

Of course it does. You do realize you can call the bank and have them lower your credit limit, right?

[@Gamerz00760]

You can misplace or lose cash, plenty of family members lost 100s, credit cards at least mine are protected from misuse.

[@braol]

Or if you go in with your budget in mind, you won't over spend. We do it all the time.

[@summertime4559]

I only carry a small amount of cash and if I need more I go to the ATM. I just spend so much more with my debit card.

[@granitemoss1451]

At some point, if we want to win with money, we all just need to act like an adult and follow the budget we set, regardless of how we chose to pay.

[@mikedd87]

Great advice! I stopped using my credit cards exactly 2 months ago, and it is changing how I feel about my money! I started a plan at the beginning of the year to get out of debt. Tomorrow I'll have my truck paid off, and in the next 2 months I'll have 2 credit cards paid off, and by May of next year, I'll have rid myself of $36k of debt!! It's liberating when you stop using credit cards!

[@lovethemflowers]

Great Mike! I paid off one loan company in October ‘17. They call me occasionally, offering me money if I need it. I labeled their phone number with “No mas” before their company name. One call included “I have good news for you . . .” I got news for THEM - I’m done with borrowing!

[@tonyasims22]

Congrats!!

[@jorislal]

For me there's absolutely no difference between cash and virtual money. If I'm trying to justify if something is worth buying I measure it by the time it takes me to work for that money. I save around 50% of my salary every month without problems.

[@WeaponsArePartOfMyReligion]

Yeaaaaaaah!!!! 🤘🤘🤘🤘

[@ArianaMMR]

Credit cards aren’t the problem! Being irresponsible with them is the problem!

[@Michelle-by9fp]

So true! Breaking a hundred, fifty, twenty hurts

[@bryanstoeltzing3632]

Michelle J The correct way to spell fifty

[@Michelle-by9fp]

Bryan Stoeltzing thanks

[@DarknessFalls29]

Michelle J I never carried cash or saw the inside of my bank before jumping on the cash envelope system. Now I purposely get fifty dollar bills because I know it's going to hurt to break it!

[@michaelvigil3436]

The opposite is true for me, I watch my online account balance like a hawk and make all budgeting and purchasing decisions based on the balance. When I have cash it's like i don't even think of it as real money because it isn't even in the budget.

[@michaelvigil3436]

@Austin Martín Hernández what is?

[@hamamunashe]

Listened to Dave Ramsey, as i was preparing to relocate to the US, got hooked up. Two years into the US, I have bought a house with full down payment, zero debt, bought my cars on cash....Listern to Dave people

[@riccardo815]

That's amazing, from which country did you move?

[@KittyKat-vb1nd]

I was shocked how little Americans save but always spending on the most needless things to give value to themselves. Hence few ever have a true quality of life. Just work and work.

[@gardenbee1238]

@@KittyKat-vb1ndI agree, it's madness 😔

[@spconrad9612]

Good for you. Welcome to the US.

[@joiab11]

Thank you, this is so true!! I'm a fitness instructor and as soon as I started taking credit cards, people would easily give me $800 for 10 sessions. I couldn't believe it!! $800!! Like it was nothing. But had I asked for cash that would never happen. Very insightful.

[@deeboy1957]

Bank called me up the other day, you have been approved for a credit card sir, annual fee is waived! NOOOOO go away, I’m now a Dave Ramsey convert :)

[@thursdayswiththor8421]

Tipping with cash and being generous makes you feel good. Hope the person receiving the tip makes them feel good too. Thanks for the advice Dave!

[@JimmyHuynhdesign]

The ease of buying things is why I cancelled my Amazon prime.

[@joeyjenks2971]

Yes you are so right, I was ordering things I really didn't need, it was too easy to buy, and I just canceled prime and am so very happy right now, the temptation isn't there anymore.

[@mrshetty2019]

The only thing the ease of buying things helped in is ease of buying the stocks/shares❤

[@IGamingStation]

There's nothing wrong with Amazon Prime. Admittedly, I got a bit addicted to buying cheap stuff at discounted prices, but when you realize that doing that makes your bank account look so sad, you start getting that wake up call. AP is still good for getting stuff you need, just don't go overboard with it.

[@lcastill2013]

So if you cancel amazon prime you just pay for shipping now ?

[@Josh-py9rq]

I only use amazon prime for the amazon fresh or groceries keep it simple and other tiny items I see alot of people who are addicted to it though lol. Like folks it’s the same as being in the store don’t buy what you don’t need.

[@jucaguima]

lol “you are freaking Harry Potter buying stuff” love it, so funny, so real Dave!

[@T2HeadedEagle]

😂😂 like waving a wand

[@kdash3215]

I remember it was a Friday night about a year ago, my girlfriend and I went out to eat at an Asian buffet. The payment was taken up front, I put the tip on the bill and added it to the total. As we were leaving, the server comes up to me and asks in a strong accent if I was not going to leave a tip. Once I finally understood her, I informed her that I had left a tip on the tab. Definitely an awkward experience, especially as others stared at her. Lesson learned, cash is still king.

[@susiem.2068]

@@matthewkoch6937 It's not necessarily asked with a rude intent. As tips are a big indicator of the quality of the service, if a customer leaves without tipping you might want to look into how they perceived their experience in your establishment.

[@davidconover2905]

Wise up people, cash is king !!!

[@willytrolls]

Can’t stand people that use debit for everything. It won’t kill you to take cash out and stretch it instead of always using your debit card all the time or credit cards. It’s so annoying.

[@1DarkNinja58]

Cash is trash

[@carlycastillo883]

This is so true Dave!! As a waitress I mainly have cash on me, and it makes it a lot easier to NOT spend. I refuse to pay for anything other than bills with my debit card, anything I purchase for myself is done with CASH. It makes it so much more difficult to spend when you have to see the cash physically leave your wallet. I feel if other people followed this way of spending they would spend a LOT less.

[@ivarlosna6516]

I just pick up my cell phone and look at the money that went out of my account after each transaction. That hurts too.

[@assasinsINC]

Ivar Losna same!!!

[@davem4193]

I do the same thing. I have an excel spreadsheet that I intentionally keep track of all my spending. Every time I use my debit card I record it in the spreadsheet just so I feel the same pain as using cash.

[@harrisonjamie794]

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million.

[@MarcelPhilips]

As you plan your retirement, be sure to talk with a financial advisor who can help you make the most of your retirement investing scheme.

[@harrisonjamie794]

@@MarcelPhilips Very true, If you're looking for help building a retirement nest egg, you most likely want a certified financial planner with expertise in retirement planning. With the aid of a coach, I grew my reserve from $160k to almost $600k during this Red season.

[@MarcelPhilips]

@@harrisonjamie794 How can one find a verifiable financial Planner, I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.

[@harrisonjamie794]

@@MarcelPhilips KRISTIN GAIL CUNNINGHAM. On the internet, that’s the financial advisor I use. She’s verified; you could also read more about her and then communicate with her. it’s always good to do your research before putting your money into any investment.

[@MarcelPhilips]

@@harrisonjamie794 Thank you so much! Found her webpage and left a message. Hopefully, she responds.

[@michaelpowers6632]

I’m starting a new budget, every Monday, I fill my car with my credit card, then withdraw $20 cash and put my credit and debit card in my safe and that’s my money for the week. I almost never spend that $20 and now I have cash piling up and getting ready to deposit it back in my bank account and start over. It’s amazing!

[@ruthmariapittman3153]

Good for you!!! Keep it up!! BLESSINGS ❤️

[@veggirl1964]

I actually spend more with cash. With my debit card, I spend nothing until I consult what's left in my budget, which curbs my spending. Once cash is in my pocket, I don't account for it, so it's easy to let it go.

[@G1ennbeckismyher0]

Kathi Clark good point, i am a mixture of you and Dave on this.

[@isaiahhernandez2589]

Enida Bonghit you are a dave ish

[@eitautasgaubys526]

I spend 2-5x more with the plastic debit card then I do with cash :?

[@drunclecookie216]

I'm the same way... I consider cash in hand as already out of the bank and not going back in so I blow it faster. I'm more cautious with credit cards because I consider it building up a monthly bill that I have to pay so I don't spend as much.... my wife is the complete opposite though. she has to have cash in hand or she can't keep track of what she's spending

[@BankySkitch]

Same. I don't track my cash spending the way I do my checks and debits.

[@michaelgregory25]

I love hearing him say "cash"

[@carojames6776]

NEVER had a credit card and NEVER will. Thanks but NO thanks.

[@justin8771]

caro james same here

[@emilybakerjones9881]

I had 2 before, didn't have much on it but interest was stupid. Kept growing all the time. I really struggled. I'm all done with those stupid cards, never again.

[@equisader]

Until a couple of weeks ago i was a "pay the credit card off at the end of the month" person. Now i take the cash out at the beginning of the month and my thinking has completely changed. I'm now keen to have a few notes left at the end of the month. Swiping a card never gave me that feeling. Uncle Dave is right as usual.

[@OneOuttaOne]

Learned this the hard way when I discovered I wasted $140 of unplanned money. Now planning every dollar and using cash, which now allows me to save that 140 for a ring.

[@antoinecooper5702]

Smart move friend.

[@KeebasWorld]

I agree with everything said here. Spending cash makes you think twice about the purchase.

[@hopegoodwin2728]

I like tipping with cash because too many restaurants make everyone share the tip. When it's not on a card the server or delivery person can keep the full amount.

[@ThatWTFGuy]

I think cutting up our credit cards was the smartest thing we’ve ever done! It doesn’t mean we’re week or unable to handle them, just that we don’t need them so why have the temptation hanging around temping you all day every day! Thank you so much for all the free advice you give daily sir!

[@marybetheby5184]

DysFUNctional Combat Vet true,,one little temptation is all it takes to ruin things,,,wish i never had any,,all cut up years ago!!

[@melissamyers1135]

DysFUNctional Combat Vet I feel the same way!!!

[@markg999]

Marybeth Eby Well if you follow the idea that if you dont have the money in your account you cant afford it a cc wont get you in trouble. I think of a cc as cash so in that regard its never been a issue.

[@markg999]

Miguel Medina My wife and I save around 50 to 60% so I dont think I would save much more. Most of my spending is set like utilities, gas, groceries, insurance...I try to make do with what I have that works instead of always upgrading just to upgrade and that helps us stay out of being big spenders. Maybe Ill give it a shot for a few weeks.

[@chulakb]

DysFUNctional Combat Vet fcçfvzad

[@mikec2685]

This is why I love his advice on this subject: it’s about the MINDSET

[@steveos156]

My wife and i got our credit card debt under control with a cash only budget. Im so glad when we were done with that. It would hurt to buy gas for the car. That was 5 years ago and we've been able to stay out of credit card debt.

[@laurzee]

Lightbulb just went off!

[@billybm0]

This is definitely my problem lol. There’s no friction really in using plastic and it feels like you haven’t lost anything until you look at your bank account 😂

[@avapilsen]

I needed to hear this. I spend way too much because I don't use cash. I just know it.

[@j.a.6866]

People look at you weird when you pay with cash...and I love it. Lol. By the way, when did people stop learning how to count back change properly??!

[@elizabethtimothy9510]

J. A. Lol so true. I get that look all the time. Even before becoming financially literate, I didn't do normal stuff like having credit cards and paying for things with debit card despite the fact I have 3debit cards I mostly pay with cash and people just look at me from head to toe and try to decode my worth torturing themselves. Who cares?!

[@equisader]

I recently started paying cash. The supermarket cashiers looked at me counting it out as though i just invented fire. It's wierd!

[@elizabethtimothy9510]

equisader Good to be WEIRD!

[@sirwilliam7948]

Answer, 1986.

[@BankySkitch]

Most cashiers stopped counting up change in the 80's. I'm only 40 and I know this.

[@Love-qv9nl]

I went to the store today w/cash envelopes ✉️ it kept me from buying a lot of stupid stuff. It seemed like I appreciated what I got because it cost me something and I felt it.

[@wandamajette5000]

The study of consumer behavior is real.

[@Trapset_Agent]

Also with cash you feel like you own more, there's more mental weight when you hold a stack of cash than when you hold a credit card. Try it for yourself.

[@CarmelFan2024]

Wow Dave! I'm a neuroscientist trying to teach my 20 year daughter financial responsibilities...gosh it's been a challenge. I love this video and how you're using neuroscience examples. She's getting this video via text! Thank you👏🏼🧠

[@nox5282]

But I wonder about the demographics of this study, maybe the older generation who is used to cash get this response yet the younger generation tgat grew up on debit cards has opposite reaction

[@masterchief5437]

Friction or Barrier to entry is good in most times. I like how he explains the Psychological effects of money

[@jamesdouglas854]

This is so accurate. I’m going cash only to try and curb my random spending. It required me to get a new debit card because I had literally memorized my number and CVV. Only being able to use cash really has changed the way I look at a lot of things. Especially when what I pay for isn’t good, like food. If I gave over my paper and got back a subpar, cold burger, I’m much more ready to ask for my paper back. It just means more to me.

[@freeagent9753]

I love cash. Rather have $100 in cash in my wallet than use my debit card all day, just me. Cash is king!

[@willytrolls]

Yes this exactly!!!!

[@sulphate3348]

Imagine the pain centers of the brain when people used gold and silver coins. You could actually feel the weight and density.

[@dcarbs2979]

Some of us still can.

[@debangsubanerjee2155]

I've never thought about it this way before this lesson. And it makes total sense to me as I've done and felt those exact same things. Thanks Professor Ramsey..

[@howtobebasic2122]

back in the 50's when everything was so cheap EVERYONE carried cash and i still carry cash to this DAY!!!

[@sports3215]

I Never go shopping without a shopping list and less money that I expect myslef to spend in order to push myself to limit my expenditures and haggle everything.

[@drlax15m]

who are you haggling with?

[@fowlkeskm]

Its true for me. I spend less when I have to give cash.

[@betitos11]

This is very true and funny. I remember as a kid at the grocery store my mom would get upset if someone at the checkout would write a check because it held up the line 😄😜

[@nisey088]

Great vid. I've been paying cash for stuff more now and there is definitely a difference.

[@alexguy96]

hahahaahahahha

[@zachallen8653]

Niseygirl, I couldn't agree with you more! I used to live and die by my debit card, since getting on Dave's plan, I am now to the point where I pay cash for 90% offline purchases.

[@Kevin_Roche]

Small business owners love you when you purchase their stuff with cash. It costs them less. I pay cash at places I like.

[@maheshraj6693]

Lash 🐶)😂👭😊

[@derick2323]

I’ve been Using cash for a few months now and it really dose change the way you spend and look at your money

[@staceyfuller6415]

Mr. Ramsey sir I don't care what time the person you are in life you keep me laughing and I love watching your videos and most importantly I sincerely appreciate your truth on the matters and subjects that are important to me and I'm pretty sure other people in the nation but God bless you continue to do the good work and thank you for speaking the truth

[@JAMANIJAMANI]

OMG OMG I can't believe I've been duped! no company will manage MY spending anymore.

[@nicolewilliams3434]

Cash holds you accountable !!! Of course Chase would try and argue against that, then turn around and offer you a brand new, bright and shiny pair of shackles, sorry credit card .😐😐😐

[@blackworldtraveler3711]

Nicole Williams With stupid people paying trillions of dollars interests on credit card debt and debit card overdraft fees why would credit card companies need to argue about anything? Even I received a several thousand percent return and get around $700 a month in tax free dividends from Visa and MasterCard in my Roth. And I've been using my credit cards since high school and never have a debt or paid a fee. It's up to you to attach and lock those shackles and nobody else.

[@blackworldtraveler3711]

@@matthewkoch6937 Check the constant rise of Visa/MasterCard stock price and dividend increases since I posted this two years ago. Can’t argue with the truth.

[@anotherstart1]

Wisdom...! Love Dave. Truthful honest and tells us like it is. It hurts sometimes but he’s doing us all good.

[@iamtrulyfree]

Another great thing about paying cash as a tip is that it doesn’t get taxed. More money for the server and less money going into greedy corrupt politicians hands! Double win

[@lauramitchell6725]

This is called “tax evasion”.Tips are supposed to be declared,but the server will realize their short sightedness when they receive social security based on their declared earnings 😖

[@haileym444]

That makes so much sense about exchanging cash but getting your card back!

[@Paarthurnaxdova]

Wish I would of known this in my 20’s

[@ll-vt1ol]

It's never too late to know this type of stuff, but its actually really good that you know this stuff now, so that later in the future, you will not run into trouble

[@chris25uk]

There is also the fact that cash can get you out of trouble quickly if you need to (it’s very liquid) and people are very enticed by it so you can buy favours and get work done quickly. You also notice that people who carry around cash have a far more “giving” type of personality and that is the counterintuitive trait which makes you are richer person than the “hoarding” mentality of the card-only user.

[@chrisloizou7997]

This is very true but I feel it may be able to be countered (to a certain extent) by setting up mobile alerts that tell you when you spend. "You spent 150 at X shop, your remaining balance is Y" sort of thing.

[@aleksandrakora]

Omg! I love this video! It literally just opened my eyes 👀, how plastic is skewing our perception on spending. Great lecture, Dave! 👏

[@petero958]

My first comment on a Dave Ramsey video, and I've watched countless.. this man is a genius. I'm sorry, if the majority of us thought/acted/behaved like he suggests, we'd all be millionaires. Debt(credit cards, car loans) is slavery.. CASH is KING, period!

[@fat2fit891]

I’ve moved to cash and I usually save about 60-70% of my pay check vs card was like 20%

[@codywaldron2486]

Much more difficult to pay in cash for me because I see an hour of hard work gone to pay for this or that. Definitely more of emotional response 😂

[@bulgariancollector5944]

Cash... cash never changes! :D

[@jackbanks1395]

U

[@calebgibson55]

This might be my favorite video I’ve seen Dave make.

[@marierika2012]

I don't mind paying with cash is just that never have any.

[@ivylove1109]

🤣🤣🤣🤣

[@chrisbaker2669]

Maybe you should get some then.

[@ayahmoon4266]

Erika Hatziyannakis 🤣🤣🤣🤧🤧

[@paystyles5429]

Erika Hatziyannakis buy u some “Todd Shaw”

[@juanb1203]

🤣🤣😂🤣🤣😂🤣🤣

[@qwerty48324]

I'm the exact opposite. I normally do everything on card and know I have to watch what I spend. If I happen to have cash in my wallet its because it isn't for anything specific and I can free spend it on whatever I want.

[@monrodri3915]

Thank you, Dave. Listening to your shows has made a huge difference of how I see and manage my money!!

[@NorthEastTrailRunner]

So many people still don't understand this fundamental basic of personal finance. Greetings from a Dave Ramsey fan in in the UK.

[@ericworthington7299]

But also, u incur a 3% fee when u use plastic💳... vs. Cash 💵 processing fee at most places. Also gas is a few cents cheaper when Paying n cash vs credit or debit cards...

[@TubeDeviant]

Glad to be one of the few now to only use cash.. No credit cards, cheques here.. LOVE carrying and using cash.. Definitely agree with the consciousness when spending cash.. Now if we had REAL money instead of CURRENCY.. Inflation makes people spend more than they want to as well..

[@kathycrawford8777]

I am completely debt free. I have paid with cash the last 30 years with the exception being my utilities which I pay with my debit card. When I tried to get a loan for updating my paid for home I was denied because I had no credit history even though I had half a million in debt free assets. I ended up having to sell my home to access my cash. It's a double edged sword.

[@monica4729]

Tipping with cash is so much appreciated!

[@summertime4559]

This is awesome stuff. Thanks Dave. I am going to start using cash a lot more often.

[@Tony-mq2br]

So true...another fantastic video..thanks Dave. The retailers know that credit/cards that more will be spent..we’re being manipulated

[@patrickstogsdill74]

He is so right when spending cash your much more likely to end up being more conscious about your speidning

[@bobmarker6812]

Working changed the way I look at money. I have worked since I was 11. Debt is something I never liked. The only loan I had was a 30 year mortgage I paid off in 11 1/2 years. I do have a credit card I use occasionally, but never carry a balance. It doesn't gauge how I spend. A long time ago, I gave up " things " for my freedom. The more wealth you have, the less others control your life. It's great!

[@sillygoose9666]

I'm done with credit card getting rid of mine since I've seen this

[@tantibusdraws6165]

Totally agree that using plastic tends to encourage you to spend more. I'm trying to transition back to only using cash and debit. I think the primary difficulty with using cash is practicality. To get cash, I need to physically go to the bank. Compared to paying via plastic.

[@spconrad9612]

We work the concession stand at our local HS stadium. Candy is a $1, pizza $2, popcorn $2, drinks $2 etc. You should see the amount of people that TAP their card to buy $5 worth of stuff and we tell them ahead of time that there is a $1 charge. Cash saves a lot of money.

[@ferru7060]

I'm going to start to pay with cash next month and see how it change my expenses

[@stevevanhorn9275]

Thanks Dave!...that was probably the most revelatory video I've ever seen on youtube!....makes me realize I need to accept apple pay for payment at my business

[@ineedhoez]

Lmaooooaaa

[@KnowledgeLearningChannel]

Mr. Ramsey, thank you for this explanation. Life changing when applied. God bless !!

[@vandall2518]

That is awesome! Thank you Dave. God bless you.

[@ashleybardo4608]

I love Dave’s rants! ♥️

[@eileendunn3470]

Also, when we used to write checks, many places had a minimum amount that you could write a check for, which made you spend more. Husband carries zero cash, uses debit card for every thing. Sooo...I always carry some just in case a restaurant’s charge system is down, or parking doesn’t take a card, etc. I love getting change; I save every bit of it, including ones. Then once a year I donate it all.

[@erikadenise5683]

Lol wow! So true you’re more conscious of your spending with cash verses plastic! I certainly agree!

[@sleepmachine7522]

Dave, they are trying to push a cashless system. Would love to hear your thoughts on that during a show!

[@jermaineblalock5553]

This brilliant info. Thank you Sir

[@FLARE32383]

Honor is important. Great Video Clip.

[@richardsanchez9190]

That's so true. On Amazon it's literally three or four clicks nd its shipped. So very easy to buy

[@arteisiacalvin6286]

Soooo trueeee thank you Dave!!

[@daveicc495]

I agree... to some extent because no one is totally perfect with cash either. Once you have trained your mind to pay with plastic money then you can can reap the rewards from credit cards. The rewards such as money rewards, frequent flier miles and most important of all credit in itself are beneficial in life’s functionality. I have done just that...

[@kefkapalazzo1]

“I want the server to be honored by the tip”

[@lucindalove7606]

kefkapalazzo1 YES! That was powerful to me!

[@mrkadiz1244]

I'm backwards if I have cash in my pockets it doesn't last long

[@elissalarsen9145]

Mr kadiz agreed. It is always been "spending money" at our house and it tends to disappear.

[@TeoGPoker]

Mr kadiz you're blowing on on strippers lolol make it rain !

[@FunandBudget]

Same.

[@bartvanriel6767]

Just because you actually see and feel it disappear doesn't mean it disappears faster

[@carojames6776]

You've been mistreating it.

[@rachelt.7408]

The sound of his money moving in the money clip.....I want that....crisp hundreds in a nice tidy stack 🥰 I will get there

[@jermaineoree8745]

Speak it into existence! You can do it

[@Doublepulse]

There is something satisfying having stacks of 20s, 50s, and hundreds laying in front of you instead of just looking at the number. The number is great as well, but I like seeing the progress I've made so I started keeping 20-30% of my income out of the bank.

[@darkdragonite1419]

I’ll be carrying around cash ALOT more often. I get this. just ‘swipe’ and it’s ok.