To Change Your Results You Have To Change Your Behavior | December 13, 2024

[@beckylilly4749]

I took a $25,000 paycut this year & still stayed within a budget. I've also continued paying down my debt, and only have $25k left except for my mortgage! THANK YOU, DAVE!

[@mattlaeff724]

Why are you thanking a Realtor?

[@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 October 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

[@BryonyClarke-e4v]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns

[@GregFunnell-q9f]

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

[@RichardArthurBaker]

Waking up every tenth of each month to £210,000 it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌

[@candicefloyd6532]

I’m with you, Jade… I don’t need another scarf. I got a gifts for my mom, daughter and a close aunt. And I’m OK with not receiving anything from anybody else.

[@gamersetherealjourney]

caller 1 -00:40 caller 2 - 04:05 caller 3 - 14:40 caller 4 - 23:00 caller 5 - 43:10 caller 6 - 53:10 caller 6 part 2 - 1:04:50 caller 7 - 1:15:50

[@nathenleelewis]

Better than Indiserve

[@matts1978]

@@gamersetherealjourney that is effort

[@promiseguy02]

Thank you so much

[@zhannamatviychuk]

Thank you!!!!

[@carolynwalker3541]

I totally agree with Jade on the buying of gifts for adults. Adults can buy their own stuff.

[@celestegranell8766]

Me too. This Christmas is out of control. Broke people racking up debt and making you feel bad for not doing the same.

[@bluebelle9572]

Me too, don’t understand why she’d get hate for that, not like she can make people do it just because she presents it as an idea. 💜

[@Trustbutverify2651]

And what a lot of adults want is TIME together, especially parents and grandparents - not more stuff!

[@nodsib]

And as an adult with too much crap in my home as it is, I also don’t need to receive gifts. I don’t need more stuff to store away for years and not use or even be able to display.

[@Michaelangilo-b8h]

Scrooge.

[@JuliaCloonan]

I totally agree on gifts for adults. Last couple years we did an exchange where all 6 adults were in a hat and you buy for one. This year we just decided not to do adult gifts at all cause everyone is tight on cash. We are still making a meal and getting kids one gift per person. Enjoy the REASON for the Season ✝️

[@marysaltlife1427]

Julia, we've done this for years. You'll love it and appreciate growing closer to our Lord.

[@onerealmmapping]

Let's just admit we love Dave Ramsey cos he is brutally honest, sarcastic guy. 😂😂 These 2 are too nice.

[@qepps7602]

Yes I love Dave he gets straight to the point no emotions no time for your feeeeeeeelings

[@woodyentertainment3798]

Aye dont be sleeping on Jade she be going off sometimes when the day is right 😂 she have a couple times and she always keep it straight

[@isidorolopez265]

Fair be fair to everyone Dave can be unprofessional and rude as hell too many times many many times!!

[@justinstalder1875]

💯. If dave is a no-show on whatever episode that is a no for me. I will watch old episodes than watch an episode without Dave on it. They will lose the flair

[@TulsaDude]

Agreed!!!! Way too nice

[@AndreaAllen-v6y]

Christmas is not an emergency. Save throughout the year This is your budget for gifts. Period.

[@Leemajors380]

This is Dave's platform, and he's sharing his platform with others that he can trust with their own opinions. I like you all.

[@rm26367]

“Any guest showing up to celebrate you is the gift” - so very true. It is a very hard no show for me!

[@janinesimon6076]

I did not mind buying my cousin scuba excursion, the honeymoon as a wedding gift. They both were older had all the housewares they needed. It was fun being able to give them a wedding gift that they wanted and not some thing they wanted to return.

[@angelagould54]

As a baby boomer (65 female) if I choose cash gift my choice. I like giving a gift. Plan wedding, reception, and honeymoon on your budget. Do not expect guests to pay for you.

[@elainemcknight1191]

Oooh okay so we asked for money to go towards our house fund at our wedding in 2022. The Knot collected the gifts and it went straight to our bank account. We almost got into five digits and that was our starting fund for our down payment. It sat in a HYSA. When we got our house this year, we thanked our wedding guests for playing a part in this huge life accomplishment. So I disagree! It’s not tacky to ask for a honeymoon or house fund as a wedding gift. We obviously didn’t turn away other gifts, but we appreciate the cash we got. Huge stepping stone.

[@AndreaAllen-v6y]

My husband and I no longer exchange gifts for Christmas or birthdays, but we do exchange cards. For Christmas we bought ourselves a roof in cash.

[@bettedavis9261]

Now THAT'S my kind of gift! The first year we were married (32 years ago) my husband and I gave each other a fence for our yard as a combined Christmas, birthday, anniversary gift. We "exchange" gifts now. It's something practical we would have gotten anyway, but it gets wrapped and put under the tree. This year my husband is getting a throw blanket and I'm getting heavy duty winter gloves.

[@Marlene1231]

Yes 🙌🏾 💚

[@angiecarpenter5940]

Jade is not wrong, especially for those who really can't afford to buy gifts for everyone. We do this with our adult kids especially. We do not want them feeling obligated in any way to spend money on us at Christmas. We want our kids to continue feeling the love and spirit of Christmas - not worry about getting us gifts. We do get gifts for our adult siblings/parents, and we have to send gift baskets because they live in different states - but we have the money to do so. If we couldn't afford it, our families would understand. No one does or should feel any obligation - that is not what Christmas is about.

[@Zee-zj2uh]

A wedding shouldn't be turned into a fundraiser. It's less expensive to have a mid-morning wedding with a brunch reception, than a late afternoon or evening wedding reception with a sit-down multi course dinner, bar, etc.

[@mellowbirddreamer77]

I agree with Jade. Most of the time adults don't buy each other spectacular gifts. Save your money for debt. I can't remember the last time an adult or parent (not including spouse) bought me something better than I could've bought myself.

[@badlands9100]

thanks to todays staff in leading the show today!

[@bundydata]

I had a widow in our free tax office. One thing you can do if you know zero. Is get the last year's tax return you can see the stocks listed. And all his retirement...so it is a good start

[@TulsaDude]

Should be a segment called 'Jade throws Shade'

[@BrianaBudgets]

50:04 her husband was making $11k per month but hadn’t paid the mortgage for almost a year?🥴

[@TulsaDude]

I doubt he was actually making that, he probably had some severe addictions too, this is a mess

[@TamiBri]

I’m exhausted listening to Allison 🤦🏾‍♀️ ma’am sometimes you just gotta say NO. she’s taking care of her entire family and her extended family. Geesh 😢

[@lindaburnside3832]

I really don't like to wrap presents. When my kids were younger, I would do what I like to do - bake christmas cookies and make Peanut brittle (or pecan brittle). I would let the kids have sleepvers, and my kids and friends would wrap the presents. The other moms loved the idea and invited my kids over for sleepvers / wrapping parties too. The friends would wrap anything that I didn't want my kids to see. I sent them home with cookies / candy. Everybody was a winner.

[@LoveCoffe56]

When not buying gifts for adults and you know they will be at a decent inner I think it is best to discuss it in advance. Like to let them now why and that they don't have to buy you anything as well

[@kerrihiggins2106]

That call with Katie... If anything happened to her husband, wouldn't she then be responsible for his debts anyways?? Cause in the eyes of the law their money/debts are combined even if they keep it separately, right? I would think one would want be invested in that situation to rectify everything for the future.

[@bjreeves-kempf6940]

We do the kids in our family tree and the rest of the people we play a gift game 1 per person and that is fun.

[@TulsaDude]

We do the same

[@Allybaba55]

The fact that Jade is apparently gen X is blowing my mind. Gorgeous 😍🥰

[@lisak6321]

I have to say, that personally, I'm a one income, one person household with several family members who all have 2 incomes and children and grandchildren and so on. I stopped giving gifts and explained to everyone, I cannot afford to buy a gift for everyone in the family, nor can some of the family members and we shouldn't feel obligated to buy Christmas gifts for each other. None of the gifts, from either side, in the past several years have been meaningful or special, they have all been generic grab it off the shelf gifts and pretty much cost is the same both ways. So, we are just passing the same $50 around to each other and I for one had enough. If the gift was something personal or hand made that took some thought or I really couldn't afford it but someone else could easily afford it, or vice versa, that might be a little different but when we just pass out obligatory gifts because it's the season or tradition, I'm out. Adults need to grow up and stop putting the people they claim to love on a guilt trip because they didn't go in debt to make sure everyone had gifts to open. How many people know where all the gifts are they got just this past Christmas and how many of you are using everything you got regularly?

[@4Him4Ever]

What?! Ask wedding guests to pay for their own dinner?! What is wrong with this generation. I came from the time when we did what we could afford, like cake, punch, mints and nuts. SMH

[@deannahardemion2071]

My favorite 2 hosts 🎉

[@Keysh_aVibe]

I agree on not buying adults gifts for Christmas lol. Leave that for the kids.

[@Smallvillefreak]

It’s so painful when they host together. They’re too nice, they get lost in the weeds, and spend most of the call apologizing instead of digging into the actual problem.

[@onerealmmapping]

Agreed. I do not need gift, my kids would love it. So true. Every year my mother in law give us expensive gift. I am grateful, but oh boy I feel like I can find a better deal of some of the gifts. Or at least be frugal a about it.

[@MelissaMiller1]

Regarding I think caller five whose husband hasn't been paid since September, do you 100% trust your husband? Could he be getting the pay and using it for something else? Girlfriend on the side, debt he's ashamed of? Just throwing that out there. I had a friend with a similar story and her husband was actually cheating on her. If I were you, I would call the payroll company and inquire myself about the issue. They may say, what issue?

[@TulsaDude]

Addictions, gambling?

[@onerealmmapping]

Btw, in our household we always give our kids budget for gift. Teaches them how to manage money. We gave chores with points, so things they buy I will remind them it's coming up from their points. It works, they realize the more useless things they bought the more they spend their hard earn money. 😂😂

[@promiseguy02]

Hahaha love this

[@ReformedFamilyWorship]

How did they miss the biggest point with the first caller? Sure, they have 2 incomes but they have TWO FAMILIES! It's not just about you, Sister. They have TWICE as many gifts to give. So they give as a single entity. Just tell mom and dad you paid more because it feels so petty.

[@TheGomez1105]

Yes!!! No need to buy adults gifts!

[@lepoj]

2nd caller is proof this show is screwed once Dave is gone.

[@naggielarr7766]

What advice would you have given?

[@bluedevil0111]

💯 It sounds like they told him not to take a 50% match because of suboptimal investment options. Dumb.

[@lepoj]

@@naggielarr7766 well for one, don't give up free money via match 😂

[@_ELIAS]

Let's just go over the numbers. If the caller contributes 10k to their employer plan and receives a 50 percent match in any given year, that's 15k total contributions. 15k at a 4% return (which is what the caller says it will return) over 10 years is $22k. Alternatively, if they contribute that same 10k to an investment account in growth stocks, if they earn 9% average return over that same 10 years now they have $23k. Just saying maybe they are right.

[@bluedevil0111]

@@_ELIASThe assumption you make is for a one time investment that you hold just long enough to make your math work. 😂 That’s not how retirement investing works. You do it every year. You get 50% matches on your investment each year plus 4% (I think the caller actually said 5%) on the total investment. You can’t beat that with growth stock mutual funds annually without getting the 50% match. It’s why Dave always says, “Match beats Roth beats traditional”. He’s right! Having said that, I wouldn’t put a penny over the amount needed to max out the match. After he maxes out the match, he should immediately switch to backdoor Roth IRA and max that out in growth stock mutual funds. Then I would go back to the 401(k) and max it out, because one thing you didn’t mention is the tax benefit of the retirement account. The tax savings of having the money grow tax deferred is very significant as opposed to growth stocks in a taxable brokerage. 1) Max out the match. 2) Max out a backdoor Roth IRA in growth stock mutual funds. 3) Max out all other available tax deferred retirement accounts (Roth preferred where available). 4) Taxable brokerage investments in low turnover growth stock funds sensitive to tax considerations.

[@bluedevil0111]

Did they tell the second caller not to take a 50% match because of suboptimal investment options? If Dave isn’t on, I think I’ll watch “The Money Guys” instead. These ladies offer some questionable financial advice.

[@bettedavis9261]

I prefer The Money Guys any day over this show, no matter who is hosting.

[@Trustbutverify2651]

These two are very repetitive. They should listen to and critique their own performance. They say the same thing several times, particularly Rachel, and then parrot what the other has said. Say it once, say it strongly and straight, and then MOVE ON to other calls!

[@Natashalifestyle0]

Knowledge indeed

[@ranaritakh4337]

First caller is getting over50% return straight off the bat with his employers contribution. He should continue investing up to 6% of his income with his employer and invest whatever is left equity funds.

[@Joce123]

Did someone turn the heat down on the set? It looks like they're freezing.

[@TulsaDude]

Why you say this every day

[@CristinaE-dh9pd]

In Japan, they are giving money in an envelope!🤢

[@CristinaE-dh9pd]

At weddings, funerals, etc

[@Tonks989]

My husband was just in a wedding and the bride and groom were only asking for cash. I'm not a fan because I know when I get cash for a gift, a lot of the time it's used to pay bills or something like that. Well, a week after their wedding, they bought a puppy. One of those "designer" breeds that cost thousands. I'm aware that it's theirs to do with as they please but if I'm giving money for a honeymoon, I would like it spent on the honeymoon.

[@_ELIAS]

Maybe the money for the puppy came from another source entirely. Or maybe it's not even your business at all.

[@Tonks989]

@_ELIAS it wouldn't be if he wasn't constantly begging my husband for side work because they can't pay their bills.

[@TulsaDude]

Then don't give a gift? That's your choice

[@bundydata]

I believe even in a bankruptcy you are allowed nessessities.

[@pandafox12]

They blew the 401k question

[@Kevin.Grindel]

What would you have said?

[@pandafox12]

1) Don't overlook the match. A 50% bump in basis on day 1 will make up for a ton of yield 2) There's zero chance that any firm has a policy of only bonds. It's probably like a retirement 2050 blend with 8% in bonds. Who cares. You can move it to 100% equities later if youre concerned. 3) Dave throws the baby out with the bathwater on his dislike of bonds. There are many scenarios where they can make sense. Certainly no need to runaway 4) It's very likely that the tax benefits are greater than the minor yield difference

[@bradleyphillips601]

Totally agree. They also missed the main crux of the question. They should have pushed back on the caller when he said his new compensation package no longer allows him to contribute to a 401k. This is strictly against ERISA guidelines for a company to discriminate which employees are allowed to participate in qualified retirement plans based on salary. Secondly, ERISA Section 404(c) rules require a 401k plan to offer a broad range of investment alternatives, usually interpreted as at least three core investment options that vary in risk and return characteristics. Which doesn’t make sense that the caller said they only have 1 bond fund to choose from.

[@bettedavis9261]

​​​@@bradleyphillips601well, since these two (actually all of the personalities) aren't financial advisors, how could anyone possibly expect them to give accurate, knowledgeable advice regarding retirement benefits? It's crazy to me the number of people who call in thinking these people are experts. In fact, so many will do what RS says to do instead of their own financial advisor.

[@TulsaDude]

​@@bradleyphillips601bingo, they missed it completely. They took the callers information as truth, didn't ask enough questions... No experience with this obviously, they blew it

[@DaRKWizaRdGaming0]

14:45 another reason religion is stupid. She has 1,000 dollars to her name but still feels the need to give 10% to a church. Why?!?!?

[@TulsaDude]

You spend the same on gaming 😂

[@DaRKWizaRdGaming0]

@ the difference is I actually get and use something. I’m also not spending 10% of my income on it especially not a book club where they literally worship the characters.

[@TulsaDude]

​@@DaRKWizaRdGaming0some churches do a lot of good in the world. May God bless you gamer

[@DaRKWizaRdGaming0]

@ ya wanna guess how many wars have been and are being fought over religion? Or how women are treated in the Middle East cuz of some book?

[@gillsforthrills1]

@@DaRKWizaRdGaming0giving doesn’t have to be religious. It’s just a kind thing to do. And it builds character. But religious people do donate more and are more generous with their money. Atheists are selfish and it’s me me me.

[@TulsaDude]

Why didn't you guys just ask, HOW MUCH DO YOU MAKE JAY???

[@PeaceandQuiet4]

Hacky Tacky Wedding: It's too bad the person didn't marry into an Asian family, because they only give money as wedding gifts :)

[@Joce123]

We could always watch a different podcast.

[@Swimfit998]

Austin go to the local garages and ask if you can do some work experience if you really want to be a mechanic.

[@MrMustangrick]

Why is Jade wearing a life preserver?

[@Zee-zj2uh]

What life preserver?

[@TulsaDude]

Huh

[@joesawyer1113]

With the match 10% rate of return

[@Michaelangilo-b8h]

Wtf why there so many commercials.

[@BlakeC341]

Working like a "mad man" to pay off $15k without rent or a mortgage? 😂😂😂

[@TulsaDude]

Allison, uh, good luck, uh, dang....

[@shawncall9182]

Other than Dave or John, Jade just takes over every host and call??????? Every time I see she is on, I laugh and think here we go this will be interesting 🤷

[@reyrey992]

Yeah, jade is too much, but my thing with her it's her questionable financial advice

[@nowthatsurban]

She paid off a lot of debt then got this job. She’s not qualified to be telling anyone what to do financially.

[@Kevin.Grindel]

@@nowthatsurban technically none of them are qualified to give financial advice. They just understand the Ramsey plan and can parrot the steps. Dave, Jade and George can talk the talk and have walked the walk 🤷‍♀️

[@Zee-zj2uh]

​@reyrey992 To be fair, they do refer some callers to smartvestor pro and also give away the every $ budget.

[@isidorolopez265]

AGREE like she pulls a lot of stuff out of thin air. I’ll take everything they say with the green of salt plain and simple a grain of salt.

[@TC2020-w8u]

Imagine being in "college" and calling s radio show to ask such a question. Good luck America....

[@lukebednar7461]

Don’t sell the boat!

[@georginaadre7678]

I don’t like these hosts the way they lead. Dave is best. He should host every show. These two ask callers same questions, it’s like aren’t you listening? They’re so distracted.

[@Joce123]

Dave's going to cut back. I just think of all the hours and days that he has spent changing the lives of millions of people.

[@mhengler27]

I think they’re great! They all do a great job

[@TulsaDude]

What exactly was Austin's question? Work, pay it off. You have no other responsibilities dude,

[@onerealmmapping]

I think they are pretty good

[@8Justus2]

I do the raffle to win money every year every day and never win...

[@pkrpdl9555]

I hate when show had 2 cats whining about pointless talking . Black girl disagrees with white girl. What a show?

[@bundydata]

I prefer these two Dave doesn't listen as well

[@reyrey992]

Least preferred group of hosts

[@kelsiv1702]

😮

[@matts1978]

Lol...George is the worst and he's not even that bad. Jade could take over the show one day

[@reyrey992]

​@@matts1978I'll stop watching if that happens

[@Prettymom619]

Love these two. Stop being a hater

[@matts1978]

@@reyrey992 😀🤣

[@GG-zn5hx]

Oh no, Gaggles and Blinker Fluid are back in the studio.🥹