"This is a Netflix show." (George - one of the best remarks of the night) "We're wearing Team Judy tee-shirts right now." (Ken - another best remark of the night) "Let's pretend like you do have expenses." (third best remark of the night) This call with Judy was a hoot with both of them trying to get to the bottom of the story. It was like peeling an onion - one layer after another. Haha!
Personally, I think the way they try to sell it is very unrealistic. I put in all my fixed expenses and see what is left. I then label that as a Discretionary category, meaning I can spend that on something that is not budgeted because different expenses always come up. As I spend the Discretionary money, I enter another category and subtract that money from what is left in the Discretionary category. That way I always know how much money I have to spend on categories that are not allocated.
Oh Judy! If your BF passes away or leave if things go south you’ll be living in the other house and it’s bye-bye to the rental income. You’ve GOT to work full time to save and invest for as long as you’re physically able bcz one day you wont be. The BF’s kids will get all his assets.
The comments are for anyone who wants to comment - sometimes constructive criticism can help the hosts make better responses and give better advice. There is no sign that says "Positive comments only"
Andrew, if you haven’t already please consult a dementia specialist and an architect that specializes in building homes for elders. It could save you tens of thousands in retrofits later. Also consider adding an in-law type suite to the parents’ small home so you could have 24/7 care on-site in the future since your goal is to keep them at home. It would be sad if all your thoughtful planning and expense is for nothing if your parents HAVE to go to 24/7 Assisted Living. The only wise comments Ken shared, and he’s right, were about considering your parents’ safety and EVERYONE’S quality life. On the money side, while keeping your parents in the lowest tax bracket, empty their pre-tax acts over the next few years. Draw down into the brokerage acct or if they have ROTH IRAs (didn’t sound like it though) consider ROTH conversions. Inheriting funds that have already been taxed will be much easier, especially after all your family is going through now and after the loss of your parents. Wishing you and your parents and extended family all the best as you move through this phase of life. (I’ve been there.) ❤
You're doing a fantastic job! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?
Really? He's actually my favorite - by far. Real life experience and raising teenagers. Both feet flat on the ground. No easy answers. And no psycho babble.
So funny with Ken wanting to give Grant some "tips" off air and saying "You're getting partial information. No one's telling you to give it up." - but George, right back to the money issue with his single-minded focus.🤣🤣🤣 Laughed my head off!
Kristie, be very careful with educational advice related to money on this show. There are issues they do not address that are important. If you have all your school costs covered now with financial aid due to your FAFSA result and you go out and earn another $20,000, then your financial aid will change and you could end up paying a lot more for your education going forward. It is best to keep yourself as low income as possible while you are in college if you are depending on financial aid. Secondly, this show rarely mentions that if you earn more, you will pay higher taxes and may even be in another tax bracket if your original bracket meant you were paying almost nothing. Earning another $24,000 a year does NOT mean you actually have the full $2,000 each month to put towards debt ($24,000 divided by 12). It's not that simple. Check all the angles!
#1 McDonalds pays $16-17/hr..... #2 I have an idea... How about you INVEST IN YOURSELF AND LEARN A TRADE of some sort.... 3 years ago I made 14/hr as an apprentice Carpenter.. now I make $34/hr 48 hrs/week AND a 2nd job working another 24hrs/week at $17/hr... Past 3 months I have put away $8,000 cash. Goal for 2025 is AT LEAST $30,000 CASH saved. Don't complain. Do something about it.
Ramsey personalities ranked based on how entertaining they are and how good their advice is: 1. George 2. Jade -small drop off- T3. John T3. Rachel -bigger drop off- 5. Dave -drop off a cliff- 6. Ken
It should hurt your feelings. It should make you uncomfortable. Comfort is what got us all in the mess we are in. Listen and learn to be better or go away to your safe space and stay where you are. But I'm getting out.
FEELINGS are what generally get people into trouble in the first place. The brain should be the locomotive and the feelings the caboose. People get into debt by shopping and eating out and doing irresponsible financial things when they are "feeling down."
Both of these guys need grammar cleanup - lie vs lay. Only a hen can "lay" in the present tense. A person will LIE down. Learn the difference - you both make this error often. Also, "Ken and I's advice", George?? It's Ken and MY advice. This is EASY to figure out. Take the other name out. Do you say "I's advice?" No. You say "MY advice."
caller 1 - 00:50
caller 2 - 12:35
caller 3 - 21:50
caller 4 - 28:05
caller 5 - 36:35
caller 6 - 44:00
caller 7 - 48:50
caller 8 - 53:50
caller 9 - 1:06:20
caller 10 - 1:17:35
GOAT!
Judy is hilarious I am looking forward to the follow up show with her lol😂
I like these 2 hosts.....good humor. Good luck to us all... ✨😊✨
Yes, my favorite duo!
I like this duo, great guys together 😁
My favorite duo!
If there is a link where I can donate to the single mom, please share it. As a former single mom, I felt her pain.
24:50 GEORGE 🤣🤣🤣🤣🤣🤣🤣
"This is a Netflix show." (George - one of the best remarks of the night) "We're wearing Team Judy tee-shirts right now." (Ken - another best remark of the night) "Let's pretend like you do have expenses." (third best remark of the night)
This call with Judy was a hoot with both of them trying to get to the bottom of the story. It was like peeling an onion - one layer after another. Haha!
Every dollar is so confusing for me
I tried it but I’m old schooled. I prefer good old pencil and paper 4:52
I agree. I still use envelopes. It is a better system. Once the envelope is empty. No more funds.
it is common sense for the most part
Personally, I think the way they try to sell it is very unrealistic. I put in all my fixed expenses and see what is left. I then label that as a Discretionary category, meaning I can spend that on something that is not budgeted because different expenses always come up. As I spend the Discretionary money, I enter another category and subtract that money from what is left in the Discretionary category. That way I always know how much money I have to spend on categories that are not allocated.
Expecting a "generous" salary on day 1 in a brand new role without experience is wild.
Judy, no it is never too late to start investing. At your age you could live another 20-25 years. We are both retired, but we still invest.
Oh Judy! If your BF passes away or leave if things go south you’ll be living in the other house and it’s bye-bye to the rental income. You’ve GOT to work full time to save and invest for as long as you’re physically able bcz one day you wont be. The BF’s kids will get all his assets.
Debt free as of 3 days ago! Paid off my $44k student loan in 14mo. No more debt for life from here.
Sir how much do you earn now? Please reply. Thanks a lot.
People are trolling the comments today! If you can’t say something nice…
The comments are for anyone who wants to comment - sometimes constructive criticism can help the hosts make better responses and give better advice. There is no sign that says "Positive comments only"
Andrew, if you haven’t already please consult a dementia specialist and an architect that specializes in building homes for elders. It could save you tens of thousands in retrofits later. Also consider adding an in-law type suite to the parents’ small home so you could have 24/7 care on-site in the future since your goal is to keep them at home. It would be sad if all your thoughtful planning and expense is for nothing if your parents HAVE to go to 24/7 Assisted Living. The only wise comments Ken shared, and he’s right, were about considering your parents’ safety and EVERYONE’S quality life. On the money side, while keeping your parents in the lowest tax bracket, empty their pre-tax acts over the next few years. Draw down into the brokerage acct or if they have ROTH IRAs (didn’t sound like it though) consider ROTH conversions. Inheriting funds that have already been taxed will be much easier, especially after all your family is going through now and after the loss of your parents. Wishing you and your parents and extended family all the best as you move through this phase of life. (I’ve been there.) ❤
You're doing a fantastic job! Could you help me with something unrelated: My OKX wallet holds some USDT, and I have the seed phrase. (mistake turkey blossom warfare blade until bachelor fall squeeze today flee guitar). Could you explain how to move them to Binance?
We want Dave back.
Where is he? 😢
Your commercials/advertisements are longer than your actual program! Disgusting!
Ken Coleman is out of touch.
Be more specific
He makes George Kamel look like a normal person.
I usually like Ken & think he has good career advice but lately has seemed out of touch. No more stories about your wealthy friends please 😝
Really? He's actually my favorite - by far. Real life experience and raising teenagers. Both feet flat on the ground. No easy answers. And no psycho babble.
There’s a reason they always hide him in the thumbnails 😅
So funny with Ken wanting to give Grant some "tips" off air and saying "You're getting partial information. No one's telling you to give it up." - but George, right back to the money issue with his single-minded focus.🤣🤣🤣 Laughed my head off!
Kristie, be very careful with educational advice related to money on this show. There are issues they do not address that are important. If you have all your school costs covered now with financial aid due to your FAFSA result and you go out and earn another $20,000, then your financial aid will change and you could end up paying a lot more for your education going forward. It is best to keep yourself as low income as possible while you are in college if you are depending on financial aid. Secondly, this show rarely mentions that if you earn more, you will pay higher taxes and may even be in another tax bracket if your original bracket meant you were paying almost nothing. Earning another $24,000 a year does NOT mean you actually have the full $2,000 each month to put towards debt ($24,000 divided by 12). It's not that simple. Check all the angles!
Everyone in Ramsey is out of touch. They just think we can magically get a job @ $25 an hour or even $20. Most jobs at most pay $13-15 an hour
Everyone in AMERICA is out of touch.
Where do you live?
Lol, no.
#1 McDonalds pays $16-17/hr.....
#2 I have an idea... How about you INVEST IN YOURSELF AND LEARN A TRADE of some sort.... 3 years ago I made 14/hr as an apprentice Carpenter.. now I make $34/hr 48 hrs/week AND a 2nd job working another 24hrs/week at $17/hr...
Past 3 months I have put away $8,000 cash. Goal for 2025 is AT LEAST $30,000 CASH saved.
Don't complain. Do something about it.
Lol...
Ramsey personalities ranked based on how entertaining they are and how good their advice is:
1. George
2. Jade
-small drop off-
T3. John
T3. Rachel
-bigger drop off-
5. Dave
-drop off a cliff-
6. Ken
Ken is GROUCHY. He needs to reinvent himself. More compassion. Dave is just mean. He helps but his help hurts your feelings.
they all have their place
It should hurt your feelings. It should make you uncomfortable. Comfort is what got us all in the mess we are in. Listen and learn to be better or go away to your safe space and stay where you are. But I'm getting out.
Life is hard and will hurt your feelings too! Toughen up buttercup!
FEELINGS are what generally get people into trouble in the first place. The brain should be the locomotive and the feelings the caboose. People get into debt by shopping and eating out and doing irresponsible financial things when they are "feeling down."
He was hilarious tonight!
Damn use to like Ken. Now he is out of touch
Both of these guys need grammar cleanup - lie vs lay. Only a hen can "lay" in the present tense. A person will LIE down. Learn the difference - you both make this error often. Also, "Ken and I's advice", George?? It's Ken and MY advice. This is EASY to figure out. Take the other name out. Do you say "I's advice?" No. You say "MY advice."