This Habit Is Keeping You Broke

[@DavidDavisDH]

Become a minimalist, I use to buy a lot of things now I just buy things I really want. Money management, being frugal and budgeting all keep me in balance.

[@evalina98000]

1:16 budgeting 1:57 debt free living 4:23 goal-based saving 5:32 investing 6:48 stick 2 plan

[@NarcolepticRaccoon7]

Rinse, repeat

[@bethanyg153]

A good realtor can be the ticket to having more and manage it well. Realtors hate letting you buy a home $200k less than what you qualify for. If they refuse to let you see homes in your budget, drop them like a hot potato.

[@buckibanker]

Overpaid salespeople. Do it yourself and negotiate the price based on seller reducing their 3% buyer commission

[@kimberleyfleming6739]

Budgeting is a challenge that brings me joy. Watching our mortgage disappear this quickly is unbelievable. I wish I had done this sooner.

[@laneyluneva]

Funny thing is the people who think $250k would solve their problems are the likely the exact ones who would fall into lifestyle creep and spend spend spend!

[@funtechu]

💯

[@15KHPCLUB]

Funny thing is you would too if you were earning that amount of 💰

[@LoveOnTheEdge1705]

No man! I'd pay off our mortgage, make a few updates to our home and save most of the rest. I have faith in myself. Someone needs to pay me.

[@mariakristinahawl1640]

I live within the Washington DC area and make among the lowest wages, under 40K. Just finished paying off the mortga5and have zero debt because I pay off all credit cards each month. 250K would definitely be a game changer for me. Solve my problems by being able to fund my retirement!

[@taxcitybagtalk]

🎯

[@A2thaLO]

I am grateful to make a very decent wage as a single mom, like Rachel said, It's all about your mindset when it comes to money but also fully trusting God with what he provides.

[@jo-annmacneill6454]

I learned my lesson about buying things online. It looks one way in the picture then when you receive it surprise assembly required returning to Amazon. I will buy a phone stand in the store so I can see it put my phone in it. It was only $10 but still now it’s a pain in the neck to return it live and learn the hard way.

[@Firerose101]

All this was common sense to me. No one over taught me this. Blows my mind an adult can't easily think this through on their own. It just makes sense.

[@bmontero2006]

Living on a budget isn't easy when all your money goes to rent =(

[@girlygirl1890]

@bmontero Preach! 🤣🤣😂😂

[@stldavid]

There's endless amounts of videos on this subject and those related, but creating a budget (or just listing all of your expenses per month) really draws an eye to where your money is going. When it's presented to you so blatantly, your mindset begins to change and you start rethinking things like coffee, eating out and Netflix like subscriptions. It's a crucial step for continuing down the debt free path. Side note: Paying with cash for things makes giving up your money a lot more difficult.

[@tim_9562]

Removing credit cards from store apps payment method and just have debit card

[@aprilcastillo5487]

I reluctantly clicked on this 😂sometimes we have to hear the hard stuff my family of 5 makes less than 70,000 per year… we pay the bills sometimes have some left but could do better.

[@kasession]

I agree with a lot of this. One statement I would 'challenge' is a 'home is an appreciating asset'. Not necessarily. It depends on what you pay for it, and/or when you sell it. This was not the case for me 25 years ago. I ended up coming out of pocket to cover the difference between what I agreed to sell my place for and what was the balance of my mortgage. I was able to do it, but It was a good lesson for me.

[@fleetofwjs1893]

So what was "The habit that's keeping you broke"? Was this a bad title? Or have I gone dense?

[@getuntangled]

How can I buy a car saving 2 hundred dollars a month when cars are so expensive ? A clunker car will break down and that costs a ton of money, basically a money pit. And a new vehicle is 20,000 bucks or more. 😢

[@karihosny9420]

When you have 2 mortgage payments that sums it up.

[@mygreatestdayever]

This is great motivation. Thank you.

[@nancybashista1390]

Much love to Rachel 🙏❤

[@taylormaloney2621]

Any reason 1 credit card is bad if you pay it off every 2 weeks? Every time we get paid.

[@TeresaS-q7x]

It's fine, people who are able to control credit card spending are fine. Dave Ramsey has preached 'no cc' for so many years that he (and his team) refuse to undo what they have always taught. The same with the $1000 emergency fund, they preached that 30 years ago and they won't undo it either... Dave Ramsey is great for people deeply in debt but not all his rules need to be followed once a person becomes responsible. I get so many rewards by using a credit card and wouldn't lose that because Dave is stuck in the 90's.

[@RiSkyNick]

My biggest mistake in life was being in middle school in 2008 instead of buying up upside down homes...

[@JaneWillowMusic]

hahahahahahaha.

[@Jane5720]

Darn

[@jimmykroll9227]

Just started with Every Dollar. Having trouble setting it up. Any videos to help? Thx!

[@susannapichula9947]

The every budget app doesn't work well if you live outside of the USA.

[@amberboney4630]

What about when you barely make 2,000 each month? It will take me probably 10 years or more to save to buy a car with cash and then how am i to have money for my emergency and other funds and then life necessities? This sounds like a great plan but not always practical when you don't make enough money and still live with your parents cause you can't afford to move out....

[@TeresaS-q7x]

why the background noise? i likke rachel cruze so much but the background noise is so annoying.

[@Mike-bs5xi]

Good job. Great Video.

[@ChristinaHolcomb-x8w]

We don't get to send our 401 on to a family member from my 17 year job. So let me know a place that does thid

[@matthewy3950]

In today's society it is so easy to borrow money. This is the real reason for inflation. When money is so easy to get by borrowing it is easy to buy anything. We borrow money for everyday purchases like a soda can from a vending machine. Just swipe you card. We need to go back to the basics of buying only the things we can afford to pay cash that we have on hand for. If you have a home and have a mortgage on it, YOU DO NOT OWN YOUR HOME!! If you have a car and have a car loan YOU DO NOT OWN YOUR CAR!! Why do you think college tuitiion is so high, because it is so easy to get a student loan!! Car prices so high? How easy is it to get a car loan? Give it a try. If you had to get a loan to get something, YOU DO NOT OWN IT!!!

[@brendasmith4220]

i have a 23,000 dollar car payment i started a month early now 4 months later i have 11,000 left to do !

[@melissanorrbom4734]

I really thought she was holding pancakes at first 😆

[@michaelmorris2839]

Just a suggestion but I might change the phase ".. won't yell at you for" to "Wouldn't be upset with you about." There are other members of the Ramsey Solutions team who do the yelling. You are the sweet one!

[@avenj4659]

Rachel - you do not need the open mouth weird faces for the video pic we first see. It’s a turn off. Your messages are great.

[@kimberlysawyer8313]

'Promo SM' 😋

[@ReeseDaBeast808Tyga]

Ur videos aren't helpful without timestamps

[@cornellcornell1]

Invest in a good deep conditioner