What Behavior Do You Need To Change To Become Financially Free?

[@jeffgreagrey4585]

Wow, George is really stepping up into his role and laser focused on the calls with advice for a winning financial strategies. Just seeing how he's changed from the days of interviewing people on the street to today. Way to go. Not taking anything away from John he is excellent as well. Just an observation from a longtime follower and 100% debt free, house and all since August 6th 2019.

[@andreagodwin2069]

To the wife who paid 100% of the hospital bill because she chose to have an epidural, just throw that whole man away. That is insane.

[@koremeltdown7258]

Why? This is the life they’ve chosen. Perfectly reasonable from their twisted world view. Not even sure why she’s upset. Unless of course she’s subscribed to an idiotic way of life and just now realizing it. Equality eh?

[@TBIhope]

Hear, hear!!

[@australia5747]

Bye bye, out the door....... couldn't hold out........ wow!!!

[@andreagodwin2069]

@@koremeltdown7258 I see your point.

[@joanncole9603]

This man may reap what he sows.. What if some day, he is in an accident and needs her help. Does he deserve it. My husband is 76 and I am 71, he has cancer and I consider it my desire as his wife till death do us part to love and serve him. That lady has a sad situation and a husband with very little love in his heart.

[@kantivutcharoenwong310]

Your show is my daily routine on listening and doing, I am financially better every day

[@nathanhulstrand6113]

There is also VGLI which is up to $400,000 that you might still be eligible to start I think you have to start within 6 months of leaving service, but that may have changed. Reach out to a Veterans Service Organization (VSO) representative. They will know everything you are eligible for and be able to answer questions you didn’t even know to ask. Thank you for your service

[@KathyKerr5352]

That program has been replaced - it stopped taking new applications on 12/31 but was replaced with a program called VALife. It appears that the major difference is the fact that premiums payments can not be waived. I second the recommendation to reach out talk with someone but there's a lot of information on the VA website too.

[@lpabf]

@@KathyKerr5352 , VGLI is still there, what was replaced with VALife was S-DVI. My guess is he waited too long to apply for VGLI.

[@akamarista]

I listen to you guy every day. It keeps me motivated. Thank you for that! 🎉🎉🎉 And John your energy lately is so positive and contagious.Keep it up!! Jorge is always nerdy and in a good mood. Love it 🥰

[@flashthecorgi2053]

Dream team!!! Love Dr. D and GK together!

[@jondiotte3572]

Because of this show I'm at $45,692 left on the mortgage ...I picked a time a few years ago to begin send principal payments like mad when the kid stopped going to daycare and that summer camp is over he's in high school...🎉

[@pamsmith1665]

High school students cost money

[@jillc1369]

Great show Dr. Delony and George. Thank you for the information

[@zackmabe1289]

Thanks for all the help guys. Appreciate all you do.

[@jayraymond9707]

John nailed the answer with that first caller. The smoothest transition into a new industry is the weekend work. You have to put in the extra work to qualify for that change.

[@robertrussell7241]

For the veteran with uninsurable status, he should still be able to buy VGLI life insurance through the same route he had his SGLI when he was active. I could be wrong, but I’m fairly certain they wouldn’t disqualify him for PTSD since it is specifically veteran life insurance.

[@shadeekamendez1743]

I kinda realize that the moment you start not being interested in your current job/career, or start having a desire to do another job/career, THAT IS THE MOMENT you start getting yourself certified for that new desired field. Start doing your classes and stuff. Because, it is likely that if you wait, and then you REALLY get fed-up with your current career, having to then start to take classes/plan for the switch, which may involve staying in your current field for 2 years to cashflow the career switch, may become stressful.

[@bethadab1814]

You guys are TRUE hero

[@laszlobauer5274]

Has ever anyone thought about how many things you "need" to do during your 20dls and 30s? Live your life, buy and maintain cars and a house, get married, raise children, start a business... You really need a plan to set yourself up to live comfortably and safely in your 50s and 60s

[@TioMogi]

40:00 - The "other side of the argument" that John is not seeing, or just doesn't want to recognize, is that the caller was getting denied life insurance because PTSD has a high self-deletion risk. The various life insurance companies are in the money making business at the end of the day, even if they package their services in platitudes and niceties.. there is simply too much "risk" to provide a life insurance policy to someone with military PTSD bc of the unfortunate statistics that result from that. .similar to how if you have cancer it would be bear impossible to get life insurance.

[@arthrodea]

Is it not possible to write an insurance policy that does not pay out in the event of suicide? Sounds harsh but that could at least lower the premiums and allow someone to obtain life insurance against all other causes of death. Something like health insurance not paying for certain preexisting conditions ?

[@TioMogi]

@@davidb2206 it's truly sad that there isn't more support or therapy..

[@TioMogi]

@@arthrodea that does seem to make sense! My guess is that that has been attempted in the past but still ultimately resulted in a loss for the insurance companies. If they could make money from someone, they would

[@TBIhope]

Okay you guys convinced me. I’m done with credit cards. Dang it! My heart is just too big.

[@blove4735]

Do it! You won't regret it!

[@camcommute]

Credit cards aren't the problem. The person using it needs to learn self discipline.

[@TBIhope]

@@camcommute did you even listen to the episode? It’s about the poor working single moms who can’t afford to buy food, so they put it on a credit card, then the credit card companies charge them insane amounts of interest to pay for the discount they give you on flights.

[@camcommute]

@@TBIhope of course I did. And like I said the credit card/credit card companies isn't the problem it's the person using the card. The person who don't have the self discipline to pay off the balance in the first place. These companies don't charge any fee/interest unless you don't pay the balance in full.

[@camcommute]

@@TBIhope and btw, by that logic those credit card companies are doing those single moms a favor to spend on credit. The Ramsey solutions is to use debit cards when single moms don't have any money in their account.

[@AllThingsMoneyandTech]

An epidural can save the life of the mother or baby if the labor reaches 24 hours +. It’s a cheaper alternative to a C-section.

[@calebhuff3397]

My wife and I are paying cash for an SUV and a vacation for our parents (babysitters) this year. Yes, I intend on putting as much as the dealer will let me on a skymiles card so as to save money on our vacation. No, I do not feel bad that stupid people put vacations and eating out on credit cards. Singles moms aren't using credit cards, they're using foodstamp cards. The rewards I'll get are mostly paid for by people who make poor choices and I don't feel bad about that.

[@Asstronauts93]

Single moms also get my taxes so it's a breakeven on credit card rewards

[@amireallythatgrumpy6508]

Or at least it would be if those mythical credit card rewards actually existed.

[@TeeBel05]

Yep because that EIC (earned income credit) is a huge hike in their tax refund.

[@omhastings7686]

⭐️ ⭐️ ⭐️ ⭐️ ⭐️ great peoples luv all of y’all

[@danieldaly2641]

Veterans can apply for Veterans Affairs Life Insurance VALife. You can get up to 40,000. It's not much but it's something

[@jessicahalvorsen9315]

George when are you gonna write your own book 🥹

[@Emily.626]

“More is caught than taught” great chapter title!🤩

[@amireallythatgrumpy6508]

@@Emily.626 He got that from Rachel though.

[@whcobb01]

Unless I’m wrong the VGLI would still be available to this guy. It’s not cheap but it’s something

[@KaraRea]

Love listening but advertisement’s starting to test my patience.

[@KC-dr3cg]

So much time spent on ranching and raving about credit cards that I wish could have gone to Silas in his pursuit of nterest earnings

[@judithgrace9850]

Never combine all your finances. For you can be killed or a side check will sign your name and clean you out. It happen to a friend of mine, who did not like I kept a separate account.

[@bobbywideman8599]

Love Dr. D. he is the best!

[@lpabf]

The guy saying he didn't qualify for life insurance because of PTSD...how long did he wait to apply for life insurance? After leaving the military he had 240 days to apply for VGLI. It sounds to me that he didn't apply for VGLI in that time frame. Doesn't mean he couldn't get it because he has PTSD but it sounds like he couldn't get it because he waited too long. But he didn't say how long he had been out when he was trying to get the insurance. It's not cheap, that's for sure, but if it's the only thing you're eligible for, then that's what you do.

[@aleffel9668]

The show music is just too good

[@MaMa-jh6bb]

Ana you’re amazing 🎉🎉🎉

[@adamaerni4020]

I'm a veteran. That guy needs to get a hold of Armed forces Benefit associate. Additionally he needs to contact military one source online and his county veterans coordinator because I believe there's more options. I have found options

[@TheLiberty1999]

Mrs. Greg here.....I like Dr. D but it irritates me every time he says "Dude" to a female caller.

[@elway423]

Did the dude at 30:13 say that they hadn’t paid the debt off yet pending the student 😮loan decision?

[@d.c.d.8985]

The advice they gave to Erica was awful. If she is at fault, her auto insurance should be paying the $5k. None of the 50 states have a minimum coverage requirement below 5k. If she doesn’t have auto insurance, she’s illegally operating a vehicle without insurance, she shouldn’t be driving, and her problems are way bigger than the 5k. They definitely didn’t ask her enough questions. Dave would have handled this so much better.

[@NeoSoulCrew]

They were up against the clock.

[@debrawest495]

The veteran who is on disability. If his PTSD is keeping him from working, he should be able to apply for SSDI as well. I am a disabled vet rated at 100% P&T. I've had more stuff happen and I am currently waiting on social security to make a decision. I've been unemployed for 19.5 months and unfortunately, I did not have long term disability. Also, for insurance... how about VGLI?

[@carlfelstiner3671]

There's VGLI and also the man is probably getting $2-3k per month for PTSD. We always have paid top dollar for veterans services.

[@angelwings1]

I’m astonished about that story about the woman who had to pay her full hospital bill from having a baby. I just have missed the part where she knocked herself up!!!! 😮

[@silasmassey6128]

I was the kid at ____ that is a wind turbine tech and i was kind of cut off short its alright i understand they have to keep the show moving but i had more questions and was hoping someone could help, When should I start looking or buy a house? Most of the show content is tailored towards an older audience and i can't figure out when is the best time to start looking at houses. When should i Start investing in my kids' college? Because I do not have kids right now, should I invest in their college or should I wait until i Have kids and then start investing, i know the general agreement is to start investing sooner but I could invest in other things if I don't need to invest in their college yet. If you can help answer these questions that would be great, and no slander towards the show its great and has helped me alot they just had to keep the show moving thanks for having me :)

[@kahouayaj]

There is no right time but only the right time for you. If you have the 10% to 20% down payment (prefer 20% so you can avoid PMI), don’t wait. Rule, house monthly payment is no more than 25% of your monthly net pay. If you do not have kids, skip this step and move on to the next step. You can always come back to this step when you do have a kid.

[@KC-dr3cg]

Buying a modest home that could be expanded to a 3 bedroom.. buy in a great school district with no private mortgage insurance. Roommates can help you you more earnings for a low risk mutual fund account.

[@mmp495]

Invest 15% of your annual income to take advantage of compound interest. As for saving for a house a market account to save 20% to cover PMI on the your first home would be a good step. Take into consideration there may be a change in home after marriage but for now enjoy your life! You have a great future ahead of you. 🤗

[@amireallythatgrumpy6508]

Start investing in kids college when you have kids. Not until then.

[@arthrodea]

Wait for kids to be born before you start saving for their college. For designated education savings account like a 529, you need to have a social security number of the kid that is the beneficiary. So the most you could do for an unborn kid is to just label a brokerage account “the college fund” and you wound not get any of the tax advantages of an education savings account.

[@KC-dr3cg]

These guys work for Dave Ramsey. Their jobs are based on passing on his plan. If it keeps you in restful sleep save a bigger emergency savings account and then follow the Ramsey plan.

[@zachmiller2521]

Then you’re working your plan not Dave’s plan.

[@m.manning9026]

Im from Montgomery!!!

[@sameasnone]

What about SGLI? I think it’s like 30 bucks a month for like 200k for vets

[@shadeekamendez1743]

*and I am trying to administrate that!* 😆

[@jarrodreyes2490]

@ the ramsey show & john from grand rapids, MI. He cud try and apply for vgli life insurance.

[@russellthompson2126]

With credit card rewards... Its either my vacation or the executives vacation. only have my utilities bills come off, 5% back. I apply it to the credit card every month then pay off the remaining balance. lol.

[@serenitynow8260]

Service members have the option to convert SGLI to VGLI up to 120 days after separation with no questions asked. After 120 days up to 1 year they can still convert but may need a physical.

[@cathy3701]

George!

[@oliviafarrugia8808]

“ don’t do drugs and don’t do debt” I will buy that t-shirt now 😅

[@christabellecarpenter2354]

Oh Mr Pay for your Epidural......well, sir, she didn't get pregnant on her own. You are free to get a vasectomy and do it without anesthesia.....if she laid in labor 24 hrs before asking for an epidural, perhaps you can manage for 30 mins during that vasectomy without numbing agents involved....and go home without any pain killers. Because that vasectomy is like $25....way cheaper than an entire day plus in the hospital giving birth. Just saying, you have choices sir.....just like she does if she packs a bag and moves on.

[@stevenbender7397]

You can get Home life insurance as a vet

[@camcommute]

Credit cards aren't the problem. The person using it needs to learn self discipline.

[@bryangarcia2429]

Dr. John D with the fresh cut! Looking like dudes in his mid 20s lol

[@Akaypot]

why is it OK to collect interest off banks for our savings, but not OK to collect rewards from using credit cards? seems hypocritical..

[@mmp495]

I wonder exactly where that interest is coming from? 🤔💭💭💭

[@topsykretts2264]

Because those credit card rewards are paid by the interest payments of people in debt who are struggling financially and/or trying to make ends meet. It’s really all about not wanting to take part in benefiting off of people’s misfortunes.

[@KC-dr3cg]

@@thegreatcoward Banks thrive off of penalties charged in overdraft fees, cost of check blanks, bank credit cards, ATM fees..

[@arthrodea]

Umm - banks definitely profit off interest charges on home loans, ATM fees, overdraft fees etc.

[@stacy-anngraywright8969]

Actually though I'm a new listener, what I've understood thus far is that the with credit cards you get a percentage or two...which you'll quickly lose in penalties if you're ever late. So it sounds greater than it is. Whereas if you have a high yield bank account with a higher interest rate say 5%...thats what makes the difference

[@Itsanawfulwasteofspace]

I love the financial advice but I am never ever combining my bank accounts with my husband. We are both great with money and 12 years going strong. We never fight over money. But that’s us. I’m just saying it can work great. Each situation is different. I’m sure there are horror stories both ways.

[@DavidK-zy2hp]

If you think using credit cards is morally wrong for the sole purpose of earning rewards points, then you shouldn’t invest any money in the S&P 500 or any index/mutual fund that provides exposure to any banks and/or credit card companies.

[@pamsmith1665]

Nobody has more respect for the men and women who serve our county, however there is no draft and joining is a choice and comes with sacrifices. Like many other careers. But the VA is a shameless joke

[@judithgrace9850]

Jade thumbs down. Watch her Mrs. Ramsey.

[@leesprout5820]

Algorithm

[@michaelboyce3871]

Just more proof that insurance is a scam. Your in a casino betting and the house always wins your not the house you are the sucker