I Need Help Starting to Pay Off Debt and Budgeting!

[@gmarie3053]

Idek how you could hate this man. He’s changed my life 😭

[@musicpro7278]

Thats pretty sad tbh I didn't know Dave and I was already doing what he teaches I only watch him cause I feel like a genius knowing that I need no ones help

[@alinatamashevich3354]

@@musicpro7278 No man is an island.

[@musicpro7278]

@@alinatamashevich3354 ur beautiful

[@musicpro7278]

@@alinatamashevich3354 and no im not hitting on you. It's just a complement

[@Emerica771]

@@musicpro7278 no, it’s a compliment..

[@BagsNBaguettes_327]

I hate to work out, but after I do it, I feel invincible and that feeling motivates me to do it.

[@TheItalianDude96]

My struggle is to ACTUALLY start working out 😂

[@Tunechi65]

@@TheItalianDude96 this is true just getting up and going to the gym is literally 80% of the hard work. Once you're there you're good . Always feels better after too

[@mattjohnson6230]

@@TheItalianDude96 I

[@TheItalianDude96]

@@Tunechi65 yeah, just gotta find the motivation!

[@josephmorgan4108]

@@TheItalianDude96 I'm actually at planet fitness in miami fl right now. Just get in there and the momentum will come.

[@cristalcruzzin1756]

Budgeting saves lives!!!

[@thehowtostudios1980]

I cant seem to stick to my budget

[@socketyellow3]

@@thehowtostudios1980 because of spending or unexpected bills like car breaking

[@staceyk2274]

@@thehowtostudios1980 Cash envelopes for certain categories of my budget were ESSENTIAL to making myself stick to my budget. Also, I did my budget via Dave's Allocated Spending Plan to budget per paycheck instead of per month. Then once I got my paycheck, I could immediately and confidently spend money in each category without worrying that I wouldn't have enough left at the end of the pay period.

[@renahill6565]

I love Dave Ramsey laughter 🤣😂 it's contagious, it's because of you that I'm no longer in debt, thank-you.

[@angelahoward3642]

Looking from UK. Wish we had something like this in UK. How helpful is this man. Love this video

[@commonenglishmistakes4360]

There are others, but not as good a Dave. They give basic advice, but I don't recommend them.

[@guadalupearredondo3573]

There’s definitely a trickle down affect that happens during the budgeting process that helps out with every other aspect of life. And besides that don’t you want to be able to live a little longer to enjoy your wealth???

[@MillionaireMindsetClub]

Budgeting has only one rule: Do not go over budget.

[@christopherrosas2738]

Some people have issues understanding that, but this is why I get my friends who are having financial difficulty on a ledger system to start so they can see where their money is going and understand how not to operate in the red

[@financialdesignco]

@@christopherrosas2738 that's a great idea.

[@christopherrosas2738]

@@financialdesignco yeah, I haven't had an overdraft in I can't even tell you how long, but I always hear friends telling me they don't have money, but they can't tell me where their money is going, so I give them a way to see where they may be overspending and where they could maybe cut costs

[@mikeb.2925]

Nah. The one rule is don't lie about your numbers. There's a lot of people who don't put accurate numbers in the budget and then get surprised when it doesn't work. When you budget $100 for electric each month because you're not honest that it actually costs $350 - it doesn't matter that you intend to not go over - you're over because you weren't honest on your budget.

[@mathisnotforthefaintofheart]

Hahahaa...Good one!

[@ZacharyBuhler]

Budgeting is hope. I love that.

[@shadygrady3819]

Thanks a lot , now I have to get a Uber

[@walkietalkie1973]

Bottom line is using common sense and discipline with anything in life.

[@MaiaBrown]

I love the “Even when I don’t feel like it.” convo! Thank you!💖💖

[@VelvetStewRacing]

Student loans are hard to pay off because of the high interest. I feel for this guy

[@finnleybyres7813]

True, and that is the main reason I'm trying to avoid them as much as I can and one thing that I found out fairly recently is that you can refinance your student loans for a better interest rate. If you still have any student loans I think you should look into it and it could speed things along for you. I plan on doing that when I graduate.

[@mlovespring7892]

I would love to help teaching or doing budget for people. I am obsessed with budgeting!

[@aaronhall1080]

If you're serious I will gladly email or text you for help with mine. I just got out of an absolutely terrible situation and hope this plan can change my course

[@fredericksharon6908]

Create a video on budgeting and post it online mate.. also get to know a few more people who are doing it.. it could be ur side hustle. If u r good at something try making a product out of it.. anyways happy trying to help people.

[@loren4347]

I agree with Frederick. If budgeting is a true passion, I also think you should make KZbin videos then branch out to other social media like TikTok! Your passion will come through in your vids. Maybe you could also organize virtual classes or even create a class on SkillShare. However you move forward, best wishes to you! ☺️

[@REAARA9220]

Should you pay creditors? I'm seeing so many conflicting things...

[@DerandaRuiz]

So true!!! While I've only just started Dave Ramsey videos a few days ago, i started bettering my life with weight loss and it's spiraling into the other parts of my life.

[@Freeridin07]

Crazy...first time reading proverbs today in a long time. I watch this video and dave quotes one of the exact verses I read on my reading plan.

[@tmusa2002]

A “Hope Factory” - perfect! I agree!

[@ridinghood9973]

Thanks for the correction.

[@lexibecker278]

Love the show 🙂

[@mathisnotforthefaintofheart]

I think the main reason why people these days can't budget is because of plastic. I grew up pre-plastic and I got pocket money (first weekly and them monthly) from my parents. With that money I had to manage my snacks at school and other small goodies. My parents were also offering me extra monthly clothing money but I politely refused. I learned to budget at early age. I still budget today. But now people grow up with plastic and I think this is not a good thing

[@financialdesignco]

Personal finance is as much psychological as it is basic math. The best way to eat healthy is to track your macros. The best way to spend healthy is to track on a budget.

[@donaldlyons17]

What if you just find a way to increase money supply psychology will not matter!!!! For me I can't spend nor budget money I don't generate!!!! Maybe you are saying something else. Your quote: (Personal finance is as much psychological as it is basic math. The best way to eat healthy is to track your macros. The best way to spend healthy is to track on a budget.)

[@noahestus6830]

Dang i needed this

[@jimmys.fuller3659]

*The reality of the rich and the poor is this: the rich invest their money and spend what is left. The poor spend their money and invest what is left"*

[@phillipmoore6249]

budgeting and living a low life for a while can change a life

[@DSanchez0424]

What's the video dave was talking about? About the individual who lost weight and debt. Would like to watch it.

[@Drugs_Explained]

The best way to pay off your debt is to never take on any in the first place.

[@truthseeker6370]

Great advice knucklehead. This show is for people who have.

[@OTOWN2STOCKTOWN]

and NEVARR to touch them again...

[@mxhead9134]

@ kevin Dudson Thanks captain obvious!

[@dougprentice1363]

Why dont people read the baby steps before calling?!

[@nunol1554]

Dave Ramsey beans and rice weight loss program

[@Fishouta]

Ok gotta say something. Dave has been saying 1000 emergency fund for 18 years now. Based on inflation since his book was published in 2003, that 1000 should be 1500 today.

[@OTOWN2STOCKTOWN]

Yup bare minimum 1500 K

[@catherinewilke5583]

He’s keeping the bar low because people won’t do it otherwise. Most Americans can’t even come up with $200 for an emergency.

[@davidgoldsworthy1640]

When will the every dollar program be available in canada?

[@perotal]

You don't need it

[@davidgoldsworthy1640]

@@perotal lol

[@Sar0]

2:32 student loans are deadly.

[@TheAgentmigs]

Whenever he says "Umm" you have to drink.

[@cosmiccoffee8497]

The hardest part of doing anything is just getting started.

[@waterheaterservices]

That's true!

[@brianasche6406]

The horse can't win the race if he is stuck in the pen.

[@BrandonMinguez]

Attack that small debt because those student loans are huge and will need your full commitment to pay off.

[@Tacho1979]

Wpuld you add your debt on your budget? Or how do you do it?

[@rhodaojwang2961]

This is motivating!

[@ASLunar]

Beans and Rice and Jesus Christ!

[@alinatamashevich3354]

Good non-dom song for the rock band, um, I mean praise warriors. Shout that 20 times.

[@Kyle-xt8ip]

UTILITIES ARE NOT A DEBT...... that was good

[@judydean5911]

Their Awesome

[@commonenglishmistakes4360]

What's a retirement debt?

[@raallen1468]

I disagree with Dave telling the guy to spend his emergency fund from 5K down to 1K.

[@JustinCase780]

Papa Dave should adjust that number as needed. This guy should have that 5K as an emergency fund.

[@siegfriedbraun5447]

Ah well. Best get a show then.

[@Michael-yl4ch]

That’s the baby steps. It’s been the same for God knows how long, they haven’t changed. If you have 4k extra in emergency sitting there rotting whilst having high interest debt it’s void anyway.

[@a33m3a]

@@Michael-yl4ch the 4k isn’t sitting and rotting. Realistically, they will have more $1000 emergencies come up in the 3+ years they are paying off their debt in. A big enough emergency fund will stop you from going into more debt. A $1000 will likely get you into more debt if an actual emergency came up

[@superblump87]

@@NightTrainRides the point is there aren't many emergencies that cost less than $1k these days

[@lmv2.787]

Sounds like Jocko, "do it anyway"

[@Je.rone_]

I learned discipline to many things, one of which is listening to David Goggins, and reading books on habit formation

[@multistack1502]

Holy cow, spammer you finally changed your photo

[@truthseeker6370]

Than why are you posting here? Rhetorical question.

[@alexfonseca2063]

I struggle with obesity and high blood pressure as well. It sucks.

[@edgaruriarte]

What are you doing to take care of those issues?

[@alexfonseca2063]

@@edgaruriarte Nothing sadly. I have a food addiction.

[@edgaruriarte]

@@alexfonseca2063 I love food as well! Start out by educating yourself on how nutrition works (calories in calories out). The hardest part is starting.. but if you really try to discipline yourself, find a motivation as to *why* you want to stop you current habits. Make that *why* your motivation. You got this it's never too late to start. Small steps and eventually you will get there.

[@DNS0875]

Follow Dr. Berg and Dr. Sten for correct advice on how to improve your situation. Wish you all the best.

[@DNS0875]

I wish you strength and courage, what you’re suffering from is very hard to overcome and it often creates stigmas you don’t deserve. However, you’re not a victim any longer the day you decide to overcome your current state. There are many people who suffered the same issue and who one day chose to take control rather than be 9:17 ing controlled by. You’re a human being who deserves to be taken care of and is defined by a lot more than food addiction and its fallout. If you where your best friend and you would ask yourself: dear friend, what happened? The answer is the solution. Is it addiction (physical brain chemistry malfunction, often genetic) or dependency (trauma response). Both need different approaches. And if you really want to you can learn to have a different relationship with food. But that’s only if you consciously choose not to be a victim.

[@tunnelrat1439]

how will the Great Reset effect my 401k

[@ykciR]

Good I’m so glad I didn’t go to school. Those loans are insane!

[@catherinewilke5583]

I went to school, made great money, finished paying my student loan after 20 years. I think it was worth it. My hard work is still paying off. Just drove a new car off the lot this week. I chose to lease (zero down and payment about what I have been spending on gas) because I want to try an electric. I can pay cash if I want to buy it in 3 years.

[@theinvestordomain6592]

Save money now so money will save you later.

[@virtuosowins]

Dave's accumulating a lot of good karma. As per my Hindu faith he will have a great bank balance for his afterlife and his future births. Respects sir 🕉️

[@GonzalezEzekiel]

0:37 He said we list our debt smallest to largest and attack the smallest debt. I think I heard him say that we pay off the debt with the highest interest first? Can anyone confirm this? I’ve saved up $6k to pay off a car that has 18% interest rate. I only need $1,800 more to pay that car off. But I can pay off other debts with that $6k.

[@RedJen]

Hi - Dave teaches the snowball method when paying off debt. Start with the smallest dollar amount first and work your way up to the largest. Others will pay off debt largest for smallest and some choose to pay off debt based on interest rate. Ultimately, you do what is best for you. Good luck! You can do it!!

[@loren4347]

Dave says snowball method is most effective (paying off debt smallest amt to largest). Others, like Suze Orman, say to payoff debt using the avalanche method (highest interest rate to smallest, no matter dollar amt). If you have a hard time controlling your spending, the snowball is better because you get those mental wins. If you truly are mentally ready to kick debt to the curb, avalanche method will save the most money. Either method gets you out of debt eventually; which method you decide has to be up to you. Best wishes to you! You got this!

[@GonzalezEzekiel]

@@loren4347 thanks I’ll do it this way!

[@Gus_Chiggins]

Hi Kevin

[@OTOWN2STOCKTOWN]

Hi Hot4

[@sarssars-hm2ox]

Feeling 😏

[@MrOfficer235]

Sell the blood pressure

[@Grantrule]

He makes over 18k a month and can’t figure out a 25k problem???

[@EvangelistKia]

I have an idea.... everyone drop that cashapp & let's all donate a $1 to eachother....Problem sloved!!!

[@ryanrx9755]

this guy needs to stop, hes mugging a living and he dont even know what hes talking about

[@mohammadwasilliterate8037]

*As a high school kid I knew to be very careful with debt, basic maths taught me that, how all these adults not know.*

[@RiotUnderscoreProd]

"maths" implies you did not go to school in America. You shouldn't take your education for granted.