For college if you are not sure, I highly recommend looking for some jobs that offer tuition reimbursement. I was pushed to get my Masters degree right after. I said no and a lot of people made fun of me, but now I am working for an employer that is paying for that degree and I see myself working for in the long run. Was worth the wait.
In Taiwan, an UberOne yearly membership is $30 per year, and there’s free delivery on orders over $7. Tipping is not part of the culture, so we rarely cook because it’s really not much cheaper to cook here. I ❤ Taiwan.
@@TheGrahamStephanShowbut your friends with Dave Ramsey and Dave Ramsey is friends with Ben Shapiro and Ben Shapiro is friends with Mark Zuckerberg so I don't see why you can't just make a few phone calls
You know, another lesser known fact. Many debt collectors, after defaulting on a debt, will settle your debt for less than you owe. I had around 6k credit card debt that Chase sent off to collectors and the collectors made offers to settle it for 12 monthly payments for nearly 1/3 the original owed amount.
@@infinite-tech It went down and back up though i havent done anything to resolve or pay off my debts yet. Currently at 630 on Credit Karma's rating. Not great but far from a poor credit rating. It was at least as high as 760 before all this.
@@infinite-tech Did my comment not post? Lol It's at 635. Its been going up even though ive still not paid anything towards it. No clue why. It was up around 760 before the deliquency.
I think you’re both right! For your audience, the debt transfer probably makes the most sense. For George’s audience, cutting up the cards and walking away is probably smarter.
George is more correct on credit card debt for HIS audience. They come to Ramsey solutions because they are deep in debt and have proven that they cannot do credit cards.
They still say I'm wrong for having credit cards when I pay them in full every month because one day I might stop paying them off every month..... no I'm not d*mb and financially illiterate like their audience.
Most people can't handle credit cards and even more people cannot handle credit cards in emergency situations like a unexpected job loss. Very very few actually use them responsiblly. So it makes sense why Dave Ramsey has the cut up the card mentality. For the very few who can use them responsiblly credit cards can be a very useful tool to use.
@@laundrygoddess4 Where I used to live, 90% of people pay the balance MINIMUM each month until the credit card is maxed out, then they go into collections and have to hope the tow truck guy doesnt take their BMW in the middle of the night or at work. They somehow get another car and/or credit card and then do it over and over again until you can see the older neighbors unable to get credit cards and having to walk to their job at Wendy's and pay cash for groceries at walmart. Also, every year after tax-refund season, you see a lot of boxes for new Plasma TVs in the dumpster. That's most. Now I live in **your** neighborhood.
If you have 20,000 in maxed out credit card debt and you're able to get another credit card, your new line of credit will not be anywhere near the amount you want to transfer.
Most people don't have that level of self-control. They end up with cards with limits that exceed their income, then assume they must use the full amount, then can't pay it all off. That cycle is the basis for DR and the "no credit cards" thing.
What I do when I want to do a 0% Balance Transfer, I put the full amount in a Fixed (Cash) Deposit to earn interest for the same period so by the end of the period I also earn some interest.
The first girls message I like. It's good. interest on multiple cards, if it's gonna be more than the fee on the balance (2-5% typical) it's worth it. 10K debt, $200 fee on the best scenario, $500 on the worst. Divide that by how many months that offer is (typically 12, 15, 18 or even a rare 24 months) and you will see if it's worth it based on if it's lower than your interest you're paying on the card(s) currently. BUT, completely useless if you use the other cards after balance is cleared from them. This is the hard part for people. But great simple advice. Most people don't know even where to start to tackle their debt, so good on her!
If you're maxed out on all your credit cards, then that lowers your credit score. Do credit card companies still give out 0% balance transfer credit cards who are all maxed out?
Conventional "wisdom" typically says 401k match -> Roth IRA -> Traditional 401k. If you're already getting the max company match, I think the Roth IRA would be my next personal favorite! :)
Ramsey and George are for people whose financial situation is like they are on a ship at sea and that ship is on fire 🔥. Ramsey is okay but you can’t just apply his advice to everyone’s situation. You have to remember who his audience is.
Thank you to Bilt Rewards for sponsoring this video! Start earning points on rent right now when you sign up at biltrewards.yt.link/vlL9sNr
TH-camr reacting to TH-camr reacting to TikTok videos
Meta.
You can't make this up 😮
“They don’t know that we know they know we know.” 😂
Hot girl debt is when girls spend money on nails, hair, and clothes to be hot. Come on, man! 😂
Well hot girls wouldn’t need to spend money to look better…
For college if you are not sure, I highly recommend looking for some jobs that offer tuition reimbursement. I was pushed to get my Masters degree right after. I said no and a lot of people made fun of me, but now I am working for an employer that is paying for that degree and I see myself working for in the long run. Was worth the wait.
Anytime I hear hot girl debt, I love my gorgeous wife so much more.
In Taiwan, an UberOne yearly membership is $30 per year, and there’s free delivery on orders over $7. Tipping is not part of the culture, so we rarely cook because it’s really not much cheaper to cook here. I ❤ Taiwan.
Hey Graham, your Graham Stephan Facebook account got hacked, and they’ve been posting weird stuff
Yeah :( Ive been spending the last two weeks trying to use any contact possible to get access back to the page. Facebook has been completely useless.
Like what?
It's all just posting spam drama links
Did Elon not have a solution? @@TheGrahamStephanShow
@@TheGrahamStephanShowbut your friends with Dave Ramsey and Dave Ramsey is friends with Ben Shapiro and Ben Shapiro is friends with Mark Zuckerberg so I don't see why you can't just make a few phone calls
You know, another lesser known fact. Many debt collectors, after defaulting on a debt, will settle your debt for less than you owe. I had around 6k credit card debt that Chase sent off to collectors and the collectors made offers to settle it for 12 monthly payments for nearly 1/3 the original owed amount.
@@infinite-tech It went down and back up though i havent done anything to resolve or pay off my debts yet.
Currently at 630 on Credit Karma's rating. Not great but far from a poor credit rating. It was at least as high as 760 before all this.
@@infinite-tech He's most likely below 500 cause of that. But lucky for him, there will still be lots of people willing to give him predatory loans.
And they'll send a 1099 for the amount charged off you'll owe taxes on. So either no return or a tax bill.
@@infinite-tech Did my comment not post? Lol It's at 635. Its been going up even though ive still not paid anything towards it. No clue why. It was up around 760 before the deliquency.
Cockroach Dad sounds terrible OMG 🤣😂
I think you’re both right! For your audience, the debt transfer probably makes the most sense. For George’s audience, cutting up the cards and walking away is probably smarter.
I would love for you to make a video of you and Caleb roasting a guest on his/her financial situation.
Maybe one day!
George is more correct on credit card debt for HIS audience. They come to Ramsey solutions because they are deep in debt and have proven that they cannot do credit cards.
George is wrong because he says no one is a credit card person and if you use them then you're morally bad. He's judgy af.
They still say I'm wrong for having credit cards when I pay them in full every month because one day I might stop paying them off every month..... no I'm not d*mb and financially illiterate like their audience.
@@thehomeless_trucker Do you live in the USA? If so you are d*mb and financially illiterate.
Hey Gram, I want to thank you for being such a big inspiration. And for all the knowledge you've shared.
Thanks, that means a lot!
Most people can't handle credit cards and even more people cannot handle credit cards in emergency situations like a unexpected job loss. Very very few actually use them responsiblly. So it makes sense why Dave Ramsey has the cut up the card mentality. For the very few who can use them responsiblly credit cards can be a very useful tool to use.
Where I live, 71% of people pay off their credit cards every month. That's not most.
@@laundrygoddess4 Where I used to live, 90% of people pay the balance MINIMUM each month until the credit card is maxed out, then they go into collections and have to hope the tow truck guy doesnt take their BMW in the middle of the night or at work. They somehow get another car and/or credit card and then do it over and over again until you can see the older neighbors unable to get credit cards and having to walk to their job at Wendy's and pay cash for groceries at walmart. Also, every year after tax-refund season, you see a lot of boxes for new Plasma TVs in the dumpster.
That's most. Now I live in **your** neighborhood.
Wow, I watched the Kamel video and then this entire video as well. How meta lol, but still enjoy your thoughts. Thanks!
Um. Are we watching graham react to George reacting to TikTok’s? ?
That's a pretty accurate description
5:14 I mean you get a place to live in return for paying rent 🤷♂️
Can't wait for George to react to this😂
“They don’t know that we know they know we know.”
Lucky for Graham, I've been subbed to George Camel for at least a year or more 😎 I'm smacked on my game like the Like button ✅
If you have 20,000 in maxed out credit card debt and you're able to get another credit card, your new line of credit will not be anywhere near the amount you want to transfer.
Here's a crazy idea... Just pay off your card every month and pay no interest. Wow omg how insane?!?!?!
Most people don't have that level of self-control. They end up with cards with limits that exceed their income, then assume they must use the full amount, then can't pay it all off. That cycle is the basis for DR and the "no credit cards" thing.
What I do when I want to do a 0% Balance Transfer, I put the full amount in a Fixed (Cash) Deposit to earn interest for the same period so by the end of the period I also earn some interest.
The first girls message I like. It's good. interest on multiple cards, if it's gonna be more than the fee on the balance (2-5% typical) it's worth it. 10K debt, $200 fee on the best scenario, $500 on the worst. Divide that by how many months that offer is (typically 12, 15, 18 or even a rare 24 months) and you will see if it's worth it based on if it's lower than your interest you're paying on the card(s) currently. BUT, completely useless if you use the other cards after balance is cleared from them. This is the hard part for people. But great simple advice. Most people don't know even where to start to tackle their debt, so good on her!
Word spaghetti, lots of regretti
Semblance of self control ..not resemblance
you can't beat pricing on arizonas in New York, maybe C&C but that's meh
4k on the main channel! Maybe I’m late to this, but looks good Graham!
Thanks!! Yeah, started a few months ago on most uploads! Long overdue.
Your thumbnail looks like you ate a bag of cheese doodles right before you took the picture.
If you're maxed out on all your credit cards, then that lowers your credit score. Do credit card companies still give out 0% balance transfer credit cards who are all maxed out?
They may give them a card but it's not going to be anywhere near the amount they want to transfer.
Clickbait. Where’s jellybean brains ?
On Student loans 35 to 38 maybe but i worked with a guy that was in his 60s and was still playing off loans!
Totally agree but... If knowone borrowed money there would be no money in society. We run on a fiat currency.
Well that's blatantly false
@1234chris money is created by creating debt. That is what fiat currency is. I would ask Graham.
I like your shirt Graham, where’s it from?
Graham should I max out my Roth IRA before I add more to my 401k contributions? I’m already getting the maximum company match
Conventional "wisdom" typically says 401k match -> Roth IRA -> Traditional 401k. If you're already getting the max company match, I think the Roth IRA would be my next personal favorite! :)
@ thanks! I’m hoping to max the Roth out next year. Love your content 👍
A lot of people are in credit debt. I think the credit card companies don’t want you to pay it off so they can make the money off the interest.
Nothing gets passed you.
@@stillsober19😂
Hello I love every video 😊
Thanks!
A chipotle at the store costs $9?? Are you living in 2010?
In NYC it’s $9 and some change for a bowl
@@michole369 I live in NYC and you're talking out of your butt. It's $12 minimum for a bowl with protein
@@michole369 I live in NYC. It's $12 minimum for a bowl with protein
Money expert lol
Who is the woman in the thumbnail? You should give her credit since she is the reason many people will click on this video.
she looks like a generic social media girl tho
MAHA
Nice video
Thanks!
Student debt maybe and the ability to have a side hustle???
Edit: TikTok[k]ers
Ramsey and George are for people whose financial situation is like they are on a ship at sea and that ship is on fire 🔥. Ramsey is okay but you can’t just apply his advice to everyone’s situation. You have to remember who his audience is.
New hair style?
Yeah! Slightly!
Your Facebook is hacked and posting really awful stuff
...facebook has been totally useless, I've been trying for almost 3 weeks to regain control again and nothing :/
Y have an OF girl on thumbnail?
First
Didn’t!
Second
So early!!