Same, even if I don’t care about the topic I watch for the references and jokes. 🤣. And add Rachel’s innocence, and not getting George’s references and facial expressions and Smart Money Happy Hour is golden.
If your target demo was male 40 and on baby step 7 but looking for motivators to keep improving- then you nailed it. Much thanks and love to all at Ramsey… made huge impact on life for our family.
Loving your content George. Will you cover why companies like T-Mobile literally did open checking and savings accounts for customers? Its weird. What do they get out of it? Thanks!
People need to realize the goal of ALL businesses are to make a profit, even Ramsey Solutions. That's what enables businesses to grow and invest in future development. The trick is being able to ascertain how much you benefit from their offer, and be able to choose the offers that help you the most with the least risk. If you want a Starbucks, get a Starbucks. But don't do it for the rewards. Just keep your money and pay with your debit card.
I worked at starbucks as a side job to pay off some debt. One of the best part time jobs and the free drinks were so nice. I wouldn't pay full price for the drinks unless I was really really really craving it.
Only had visited it once, at the nagging of a friend who on her words "was married to the brand", I found the place and it's products just mediocre and overpriced, never came back...my friend is broke drowning on debt and moved to an small town trying to escape from debt collectors...maybe there is one lesson to learn there.
Dude, you are killing it- Keep up the GREAT Work George Kamel with a K! Love the drive thru part of the video. I'm glad you are exploring these topics, I link my friends, family and my FPU members to help explain.
George, this is the one. Power packed with all the vitamins and minerals one needs to be financially healthy. This has always been your recipe for success. I'm talking about adding humor to a dull subject. This video was like a perfect game in bowling; 12 strikes in a roll and you walked away with 300 points. Excellent job.
I haven’t pulled out my physical card to pay for Starbucks in many many years. It’s such a habit to pay with the app that once I deleted it i stopped going to Starbucks.
What George is describing isn't something Starbucks invented. Mass transit companies have been doing this for 30+ years (just I am aware of) since they started fare cards for payment only. You can't withdraw from them, they instantly recognize the revenue and they encourage auto reload too.
I love your reaction to the sound of your cold brew being popped open and poured. I don't drink coffee but am addicted to Diet Pepsi and I feel the same way when I hear the top being twisted open. And the delightful dancing bubbles as it is poured over ice in my cup. 😂
Actually, they reduced the stars from 400 to 300 stars to purchase a bag of coffee. I buy my bags on double star day so it's one bag free for every 6 bags I buy (use to be 8). I only load my card with money from points I earn on grocery apps like FETCH. I only cash out when I go to Starbucks, so the amount of money I have on my starbucks card is less than a few dollars at any point of time between purchases.
I have been involved with Sbux for about 20 years. Trainer, supervisor etc. when I started we joked about “5bucks”. A tall drip would be under $2, and a grande flavored latte was $3.80. My Starbucks trips now are about once a month, and usually only while traveling. I am a BSM, and brew at home now.
He nailed it at the very end: Load only what you plan to spend for that month, and when you reach zero, you're done until the next month. Do not allow them to autoload funds. Also, learn how to make gourmet coffee at home. It's not that difficult.
Everything you have worked for, George, has brought you to this time and place. Each Ramsey personality is so incredible in their own unique way. Dave has got the people-pickin' MOJO!!! You are on perfect point. Love your energy and your sense of humor! Keep bingin' it. And, huge CONGRATULATIONS to you and Whitney and the Frenchies on Baby Girl Kamel coming soon. You're in my prayers for a healthy and uneventful pregnancy and delivery.
George, I’m so glad you have your own channel now! I love watching Smart Money Happy Hour so I knew this would be a hit too! The production and video clips you insert are top notch…keep them coming!
I live in a rural area where SB opened - right before they closed a bunch of shops (ours included) - we were so excited but I only got to go once a week (on a budget, you know!) Got to know folks working there over a few months (smaller town) so when they closed I wore a black arm band when I went in. Got some laughs but really, they taught me how to make my favorite coffee (including little details) - I purchased some 'stuff' from them on close-out and promptly wrote up my Christmas list - little espresso machine and coffee grinder! Got them both from my parents and son and made everyone 'my' coffee that Christmas. Now, I make my 'star bucks' coffee at home every week for pennies of what they charge - plus I don't have to drive anywhere! 🤣
Jeezus Pete, most of my coworkers can't even get to work on time- but can spend time getting coffees etc...while complaining they're broke. Smh. WELL Done George!
As far as revenue before you buy anything, prepaid gift cards are recorded as an unearned revenue liability until it is used to purchase a product, then it’s recognized as revenue and the unearned revenue liability is decreased. It DOES however increase their cash when the gift card is purchased.
Its like a credit card system. George thanks for the expert advice. I feel so much more confident and relaxed because of what I learn from the Ramsey team. Dont have to stress over weeks of research and risk of mistakes. Im not very smart either so I am so grateful for y'all. Not Starbucks related, but got to be said.
It’s about time someone explained the basics of brokerages vs retirement. I had to have a financial advisor give the breakdown on how this works for investing outside of retirement since most finance guys just say “investing” in a broad sense.
Also, if you have ever heard, “your refund will process in 2-3 business days”. Guess what is happening with your money. Yep earning the retailer interest in the meantime.
The benefit of the app isn't the rewards. It's the fact that, when you pay with the app, they don't hoist an iPad out the window and ask for a 2 dollar tip for a a black coffee.
Fascinating idea so I did some digging. SBUX 10K filed for 2022 shows on page 41 $32 billion operating revenues with merely $97 million interest income with interest expense far larger at $480 million. Page 43 shows cash at $2.8 billion and nearly as much inventories at $2.2 billion. Not sure the prepaid accounts add as much value as thought. Still a great company making 10 percent margins.
man. George's videos are on point. The production value is on another level. I watch just cause i know its gonna be funny lol.
Thanks Dan! We’ve got an insanely talented team over here! And glad you connect with the humor!
Thanks gk
@@GeorgeKamel the videos on this channel have quickly become my favorite from Ramsey Solutions! They are hilarious and well edited!
Same, even if I don’t care about the topic I watch for the references and jokes. 🤣.
And add Rachel’s innocence, and not getting George’s references and facial expressions and Smart Money Happy Hour is golden.
George you are a hoot! 😂
I was excited to see you now have a channel. Looking forward to all the content you will put out!
ngl this was a good video
Very good video indeed. The host is a little snarky though 😂😂
Yesss I like George the finance guy!
“Come at me bro” love this content and delivery
If your target demo was male 40 and on baby step 7 but looking for motivators to keep improving- then you nailed it. Much thanks and love to all at Ramsey… made huge impact on life for our family.
True, just not sure about the host
I’m so glad George has a channel - one of my favorite personalities on the Ramsey show!! 🤩
George Kamel is the Ramsey personality you didn't know you needed! 😆
George is so smart. He took a back seat, learned and then shined after other personalities didn’t work out so well. His videos are amazing.
Yes he did!
George is perfect for this channel! Humor, relatability, wisdom - can't wait for more.
I love that George has his own channel now. Can't get enough of his videos and humor!
I think we have a new TH-cam star 👏🏾 these videos are great George!
George Kamel is the Bill Nye of Personal Finance.
Agreed! The Millennial Bill Nye
That's actually an insult to George.
YES!
Greatest analogy ever
Definitely agree
Loving your content George. Will you cover why companies like T-Mobile literally did open checking and savings accounts for customers? Its weird. What do they get out of it? Thanks!
Wait what? I have T-Mobile. Tell me more! Lol
People need to realize the goal of ALL businesses are to make a profit, even Ramsey Solutions. That's what enables businesses to grow and invest in future development. The trick is being able to ascertain how much you benefit from their offer, and be able to choose the offers that help you the most with the least risk. If you want a Starbucks, get a Starbucks. But don't do it for the rewards. Just keep your money and pay with your debit card.
I have never ever in my life been to Starbucks... Anyone else? Just watched the video because they are all very entertaining. Love it, George!
🎯
I worked at starbucks as a side job to pay off some debt. One of the best part time jobs and the free drinks were so nice. I wouldn't pay full price for the drinks unless I was really really really craving it.
The points system is like a drug...crazy addictive! I absolutely advise you to avoid the hot chocolate if you value your dollars :)
I've never been to Starbucks....however, I drink too much beer.
Only had visited it once, at the nagging of a friend who on her words "was married to the brand", I found the place and it's products just mediocre and overpriced, never came back...my friend is broke drowning on debt and moved to an small town trying to escape from debt collectors...maybe there is one lesson to learn there.
Dude, you are killing it- Keep up the GREAT Work George Kamel with a K! Love the drive thru part of the video. I'm glad you are exploring these topics, I link my friends, family and my FPU members to help explain.
I don’t even drink coffee but I’m here for any and all George Kamel with a K content.
George, this is the one. Power packed with all the vitamins and minerals one needs to be financially healthy. This has always been your recipe for success. I'm talking about adding humor to a dull subject. This video was like a perfect game in bowling; 12 strikes in a roll and you walked away with 300 points. Excellent job.
I haven’t pulled out my physical card to pay for Starbucks in many many years. It’s such a habit to pay with the app that once I deleted it i stopped going to Starbucks.
This video is so timely and good. Well done, George & crew. Echoing others: great production & writing. Keep up the great work!
What George is describing isn't something Starbucks invented. Mass transit companies have been doing this for 30+ years (just I am aware of) since they started fare cards for payment only. You can't withdraw from them, they instantly recognize the revenue and they encourage auto reload too.
I love your reaction to the sound of your cold brew being popped open and poured. I don't drink coffee but am addicted to Diet Pepsi and I feel the same way when I hear the top being twisted open. And the delightful dancing bubbles as it is poured over ice in my cup. 😂
Im quitting Starbucks after 17 yrs. Thanks for a great video 🧡
Bro these little shorts in between some of talking points are hilarious 🤣
Actually, they reduced the stars from 400 to 300 stars to purchase a bag of coffee. I buy my bags on double star day so it's one bag free for every 6 bags I buy (use to be 8).
I only load my card with money from points I earn on grocery apps like FETCH. I only cash out when I go to Starbucks, so the amount of money I have on my starbucks card is less than a few dollars at any point of time between purchases.
Hilarious! That makes the information so much better. Kudos to y’all!
I am absolutely LOVING your videos. Definitely my favorite Ramsey personality. (Brenda)
I have been involved with Sbux for about 20 years. Trainer, supervisor etc. when I started we joked about “5bucks”. A tall drip would be under $2, and a grande flavored latte was $3.80. My Starbucks trips now are about once a month, and usually only while traveling. I am a BSM, and brew at home now.
He nailed it at the very end: Load only what you plan to spend for that month, and when you reach zero, you're done until the next month. Do not allow them to autoload funds. Also, learn how to make gourmet coffee at home. It's not that difficult.
Everything you have worked for, George, has brought you to this time and place. Each Ramsey personality is so incredible in their own unique way. Dave has got the people-pickin' MOJO!!! You are on perfect point. Love your energy and your sense of humor! Keep bingin' it. And, huge CONGRATULATIONS to you and Whitney and the Frenchies on Baby Girl Kamel coming soon. You're in my prayers for a healthy and uneventful pregnancy and delivery.
How much is it to hire George to come to my birthday party? 😂 Man, I love the sarcasm, info and inserted clips. That Miley clip got me 😂😂😂😂
George was what the Ramsey brand needed to reach the younger viewer. Great addition to the team. Great videos and message!
Liked & Subscribed. Love your videos! Starbucks shareholder here. I love the free promotion.
George, I’m so glad you have your own channel now! I love watching Smart Money Happy Hour so I knew this would be a hit too! The production and video clips you insert are top notch…keep them coming!
I feel like I should have paid for this video my goodness!! He explains everything so that I understood it all to easily. Love this guy!
I laughed so much at this and learned a lot! ✨ Thanks for the quality uploads. You guys are doing it.
I just really appreciate how you deliver your messages. I'm fan of George! Thanks for your dedication
That Mr. Deeds clip made me laugh out loud, perfectly timed 😅 Great content George and Ramsey team, keep it coming! 🎉
I've seen Georg on the Ramsey show, but I had no idea how funny he was until I saw this video. :)
You're awesome, George!
I live in a rural area where SB opened - right before they closed a bunch of shops (ours included) - we were so excited but I only got to go once a week (on a budget, you know!) Got to know folks working there over a few months (smaller town) so when they closed I wore a black arm band when I went in. Got some laughs but really, they taught me how to make my favorite coffee (including little details) - I purchased some 'stuff' from them on close-out and promptly wrote up my Christmas list - little espresso machine and coffee grinder! Got them both from my parents and son and made everyone 'my' coffee that Christmas. Now, I make my 'star bucks' coffee at home every week for pennies of what they charge - plus I don't have to drive anywhere! 🤣
Similar experience here -- small town, semi-rural, red state... Starbucks flopped.
Congratulations on your new TH-cam channel, now I'm justing waiting on the book!
4:18 this is not true. they don’t recognize gift card or Starbucks card cash deposited as revenue until they actually sell coffee.
“Sir this is a Starbucks” 😂
Jeezus Pete, most of my coworkers can't even get to work on time- but can spend time getting coffees etc...while complaining they're broke. Smh. WELL Done George!
My favorite video of yours yet
As far as revenue before you buy anything, prepaid gift cards are recorded as an unearned revenue liability until it is used to purchase a product, then it’s recognized as revenue and the unearned revenue liability is decreased. It DOES however increase their cash when the gift card is purchased.
Really great meeting you at the event center! You interviewed my parents my moms the one with ring story😂 Great Video!
Ha yes!! Great meeting you guys. That video should be out in the next week or two!
Its like a credit card system. George thanks for the expert advice. I feel so much more confident and relaxed because of what I learn from the Ramsey team. Dont have to stress over weeks of research and risk of mistakes. Im not very smart either so I am so grateful for y'all. Not Starbucks related, but got to be said.
Thanks so much 🥹
They also get loyal customers from former baristas. Sure drinks are free while your at work but when you leave your already hooked
Great content! Love how you break down complex context into simpler one.
Lol the clip from Graham Stephan making coffee at home 😂
..."just an egg McMuffin with a Masters Degree". 😂😂😂
Here I thought I was gonna learn how to swindle money away from unsuspecting strangers and start my own shady deregulated bank… how disappointing.
George Kamel aka Mr. TH-cam! wonderful job to you and your production crew
Nifty new videos George, I'm impressed. I have therefore liked and subscribed to this splendid channel.
You're crushing it, George 👏🏼💪🏼
It’s about time someone explained the basics of brokerages vs retirement. I had to have a financial advisor give the breakdown on how this works for investing outside of retirement since most finance guys just say “investing” in a broad sense.
Love the Steve Martin album in the background.
Enjoying this channel immensely! Keep up the great work!
Ok…I am so glad I listened to this video. Thanks for the info!
Also, if you have ever heard, “your refund will process in 2-3 business days”. Guess what is happening with your money. Yep earning the retailer interest in the meantime.
Your channel is gonna blow up, glad to say I was here at 2.5k … go George!
Great video George and team!
'egg mcmuffin.. with a master degree'
I feel personally attacked lolol
Swaggy G…love the content…just subscribed 👌
Man you just keep cracking me up! This is great!! How much net worth does Ramsey recommend before buying bougie overpriced coffee? makes sense
I like your attitude George! Keep up the good work!
George. You should do a video of high yield savings accounts and these other account types.
This is the best Ramsey content out there for us millennials! 👏
George . . . YOU ROCK !!!! Plain and simple. You rock.
Omg George I am obsessed with the new channel!!!!!! Thank you
This channel is amazing!!! 🤩 sooo much fun 🤑😇🙋🏻♀️
These videos are so good!!!
I don't keep any money in apps. Thanks for the great content, George.
Don’t drink the Folgers! I liked and subscribed!
Another great video by the one and only George Karmel!
Great editing! Nice work
Geez George is the BEST
That was a nice compound-interest-juke you did 2/3s of the way in there.
This might be my new favorite TH-cam channel! Great job man! 🔥🔥
Kamel... exposing the system ❤
"all day son...come at me bro" lol at the way this ended.
Great content! Your channel is off to a great start George.
Great video, George. Impeccable comic timing. Coincidentally, just got a Starbucks gift card. 😂
Hey George. I like the production value on your vids. Well done. I also don't respond to guys named Brayden lol
This was too funny. The eminem clip...🤣
George, straight up savage! 🤣
The benefit of the app isn't the rewards. It's the fact that, when you pay with the app, they don't hoist an iPad out the window and ask for a 2 dollar tip for a a black coffee.
Love this new channel. Way to Kamel w a K!
George, I love the comedy and the short clips in between, genius. Congratulations on the show.
George is killing it.
Great dude.
Wow this is good!!! This needs to be played in all high school and college finance classes :) ☕️❤🌝
You're cool George
Haha I don't always agree with Ramsey stuff but George is hilarious!
This is the funniest thing I’ve seen in a while! Thanks, George!
That Jean Ralphio clip sent me lol
… Before you start grinding my beans!😅😅😅😅
Grinding his beans... Lol
😂😂😂😂😂😂😂😂 The hits keep coming. Thank you George!!!
Starbucks was once upon a time going bankrupt and closing stores!....Now look at them!😂
And I didn’t buy the stock…😢
Fascinating idea so I did some digging. SBUX 10K filed for 2022 shows on page 41 $32 billion operating revenues with merely $97 million interest income with interest expense far larger at $480 million. Page 43 shows cash at $2.8 billion and nearly as much inventories at $2.2 billion. Not sure the prepaid accounts add as much value as thought. Still a great company making 10 percent margins.
Loving your content George!