Money Expert Reacts to Broke TikTokers | George Kamel

[@TheGrahamStephanShow]

Thank you to Bilt Rewards for sponsoring this video! Start earning points on rent right now when you sign up at biltrewards.yt.link/vlL9sNr

[@SrinidhiAithal]

KZbinr reacting to KZbinr reacting to TikTok videos

[@SmokeandSpirit]

You know, another lesser known fact. Many debt collectors, after defaulting on a debt, will settle your debt for less than you owe. I had around 6k credit card debt that Chase sent off to collectors and the collectors made offers to settle it for 12 monthly payments for nearly 1/3 the original owed amount.

[@viator1987]

The first girls message I like. It's good. interest on multiple cards, if it's gonna be more than the fee on the balance (2-5% typical) it's worth it. 10K debt, $200 fee on the best scenario, $500 on the worst. Divide that by how many months that offer is (typically 12, 15, 18 or even a rare 24 months) and you will see if it's worth it based on if it's lower than your interest you're paying on the card(s) currently. BUT, completely useless if you use the other cards after balance is cleared from them. This is the hard part for people. But great simple advice. Most people don't know even where to start to tackle their debt, so good on her!

[@dragonofparadise]

Most people can't handle credit cards and even more people cannot handle credit cards in emergency situations like a unexpected job loss. Very very few actually use them responsiblly. So it makes sense why Dave Ramsey has the cut up the card mentality. For the very few who can use them responsiblly credit cards can be a very useful tool to use.

[@mhodge0890]

Cockroach Dad sounds terrible OMG 🤣😂

[@zo_471]

Um. Are we watching graham react to George reacting to TikTok’s? ?

[@TheGrahamStephanShow]

That's a pretty accurate description

[@danvideos43]

5:14 I mean you get a place to live in return for paying rent 🤷‍♂️

[@BusinessEngineered]

Hey Graham, your Graham Stephan Facebook account got hacked, and they’ve been posting weird stuff

[@TheGrahamStephanShow]

Yeah :( Ive been spending the last two weeks trying to use any contact possible to get access back to the page. Facebook has been completely useless.

[@omnientertainment5852]

Like what?

[@TheGrahamStephanShow]

It's all just posting spam drama links

[@JWalton314]

If you have 20,000 in maxed out credit card debt and you're able to get another credit card, your new line of credit will not be anywhere near the amount you want to transfer.

[@jhnpttn1234y6]

Anytime I hear hot girl debt, I love my gorgeous wife so much more.

[@thatguywecalldana]

Here's a crazy idea... Just pay off your card every month and pay no interest. Wow omg how insane?!?!?!

[@jonathanfoster2263]

George is more correct on credit card debt for HIS audience. They come to Ramsey solutions because they are deep in debt and have proven that they cannot do credit cards.

[@PeakAtU2]

you can't beat pricing on arizonas in New York, maybe C&C but that's meh

[@Courtney-Alice-Gargani]

I would love for you to make a video of you and Caleb roasting a guest on his/her financial situation.

[@TheGrahamStephanShow]

Maybe one day!

[@vwongwt]

What I do when I want to do a 0% Balance Transfer, I put the full amount in a Fixed (Cash) Deposit to earn interest for the same period so by the end of the period I also earn some interest.

[@PhantasticAnhimal]

If you're maxed out on all your credit cards, then that lowers your credit score. Do credit card companies still give out 0% balance transfer credit cards who are all maxed out?

[@JWalton314]

They may give them a card but it's not going to be anywhere near the amount they want to transfer.

[@xanaxbaby1291]

Hey Gram, I want to thank you for being such a big inspiration. And for all the knowledge you've shared.

[@TheGrahamStephanShow]

Thanks, that means a lot!

[@lukescapee1234]

4k on the main channel! Maybe I’m late to this, but looks good Graham!

[@TheGrahamStephanShow]

Thanks!! Yeah, started a few months ago on most uploads! Long overdue.

[@stronghold0729]

Graham should I max out my Roth IRA before I add more to my 401k contributions? I’m already getting the maximum company match

[@TheGrahamStephanShow]

Conventional "wisdom" typically says 401k match -> Roth IRA -> Traditional 401k. If you're already getting the max company match, I think the Roth IRA would be my next personal favorite! :)

[@stronghold0729]

@ thanks! I’m hoping to max the Roth out next year. Love your content 👍

[@victorbaird8220]

Hello I love every video 😊

[@TheGrahamStephanShow]

Thanks!

[@Courtney-Alice-Gargani]

A lot of people are in credit debt. I think the credit card companies don’t want you to pay it off so they can make the money off the interest.

[@stillsober19]

Nothing gets passed you.

[@jalai_]

@@stillsober19😂

[@steadymobbin.]

MAHA

[@MaxWin-cq8tv]

Nice video

[@TheGrahamStephanShow]

Thanks!

[@MaxWin-cq8tv]

Student debt maybe and the ability to have a side hustle???

[@ProfessorMikee]

New hair style?

[@TheGrahamStephanShow]

Yeah! Slightly!

[@taylor4278]

Your Facebook is hacked and posting really awful stuff

[@TheGrahamStephanShow]

...facebook has been totally useless, I've been trying for almost 3 weeks to regain control again and nothing :/

[@josephcapturesofficial]

First

[@TheGrahamStephanShow]

Didn’t!

[@qdullinflames]

Second

[@TheGrahamStephanShow]

So early!!