Settling Money Debates in Our Comments Section
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- เผยแพร่เมื่อ 3 ก.ค. 2024
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What do Smart Money Happy Hour viewers really think about cutting up credit cards, the Baby Steps, and combining finances with their spouse? Tune in to find out! This week, George and Rachel react to your comments and raise their glasses to all the keyboard critics, trolls and BFFs who keep things lively in the comments section.
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Today’s Happy Hour Special
🍸Gold Rush
Recipe by: Difford’s Guide ⮕ www.diffordsguide.com/cocktai...
Ingredients:
• 2 ounces bourbon whiskey
• 3/4 ounce lemon juice
• 3/4 ounce honey syrup (3 honey to 1 water)
• 3 drops saline solution 4:1 (20g sea salt to 80g water)
Directions:
Serve in an old-fashioned glass. Garnish with lemon wedge. Shake all ingredients with ice and fine strain into ice-filled glass.
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I’ll never understand why George has so many haters I was laughing so hard at the “he has a punchable face” comment 🤣🤣 I love George, he is my fave Ramsey personality
...and his peanut butter bit! OMG, I'm dying!😂😂😂
I wonder if he has emotions at all.
George should make a video going through Costco and showing us his favorite products there!
We ate bacon and egg fried rice and beans along with any food we could get for free for 2 yrs and 11months and paid off our mortgage. We were called weird and crazy until we paid off the mortgage and the all of a sudden we were the family finance experts!!😂😂
High protein diet!
When i got out of debt and paid my house off i became the family snob….so i quit talking about anything related to money
Our local news station had the men wear the same outfit for a whole week, and nothing happened. The women wore the same outfit for a week, and there were tons of emails and complaints that came in.
About right. To be fair though. Men don't have a lot of fashion options. Suit. Jeans and a t-shirt. Thats pretty much all we got. People are used to guys looking like they wear the same clothes every day. Because basically they do. A different shade maybe.
Girls though.. your style.. im not even going to list all the options. Google doesn't have enough hard drive space to list them. Its just easier to notice.
Get the men to wear something flamboyant and your will get lots of comments, probably hateful ones. Men and women are held to very different standards, grass is not greener on the other side.
All by men I'm sure 😅
I listened to the pod and thought I would add here. George is NOT a boomer. Cute as a button.
Rachel is everything.
I appreciate both of you and your perspectives and have given new life to the Ramsey show.
This show is also my top show I must listen to a week.
Keep up the amazing work.
What's the matter with being a boomer?
lol, it's funny that people would even consider someone as young as George to be a boomer. I'm a boomer and he's an adorable kid.
Another way credit cards and alcohol are similar is that you don’t realize they are a problem until you are an alcoholic or drowning in debt. Basically, they each can be addictive.
Costco: if you forget your card, you can just go to the customer service desk and get a one day pass (they can find you in the system). So there’s no need to ask strangers.
You can just use your app too.
Next time tell Gary he can walk to the customer Service counter where they will look up his account and print him a temporary membership card to use for the day. 😊
I love George and Rachel. It is like watching brother and sister talk about money. Smart money Happy Hour is entertaining. Also I am on Baby Step two, I appreciate the advice of both of you, by the way George the hair is rocking.
George with the sense of humor! Rachel trying to keep it together while laughing! Keep up the good show! Crunchy peanut butter! 😀
Paid for my Hawaii honeymoon by eating PB&J for a year for lunches instead of eating out!
1 month of necessary expenses vs $1000 is actually a solid alternative. It forces you to make a budget and know what that number is from day 1
It also helps to account that people don't have the same expenses. Some people have to pay twice as much on bills then some other people because of where they live.
Covering your largest deductible is also a good proxy
I would agree. That is reasonably achievable while adjusting to inflation over the years l.
It should be deductibles like the money guys. Then it's clear to people that it's an EMERGENCY fund and not a oops I spent too much let me dip into this account- account.
But also you should keep a months expenses in your checking at all times, maybe that part of budgeting isn't clear unless you watch their paid courses how to pay check plan and buffer for upcoming things.
I have found the snowball method works great for many areas of our life like paper clutter and some work tasks. When you have a lot to do, breaking things up in easier progressive tasks can be easier than going all in on a single task.
to avoid peanut butter oil on top, store upside down
I heard about that, tried it years ago and the oil leaked out... LOL! Now I deal with the stirring and put in the fridge. It's worth it for healthier nut butters for sure
@@heidinoggle Yea this is what I do. Just dump it all into a container, stir and put in the fridge.
@@heidinoggleIt's fine if you do it before you open the seal. It makes mixing the peanut butter a lot easier.
Once it is really mixed, it takes a long time for the PB to settle as much as it is coming off the store shelves.
Unfortunately it leaked before removing the seal. The seal wasn't broken, the oil leaked thru it... While that's a seal material quality problem more than method problem, it's not worth it for me.
I mainly posted my original comment to help not get hopes up about storing upside down.
Definitely doing a good stir when first opening the jar and storing in the fridge is my preference because it gets it over with and the nut butter stays mixed.
We do JIF peanut butter. We manufacture it in my town and it helped build our economy, so it’s how we make ourselves feel better. It feels local even when it’s totally not
If it's manufactured in your town, then there are a bunch of local livelihoods from it! I grew up with Jif.😊
@@jenniferpearce1052 yep!
I want a counter on screen for when Rachel plays with her hair! lol
Sounds like a new drinking game!
We jumped on the Ramsey bandwagon 16 years ago. We were not on horrible debt, but we did build a house in our 50’s! I figured Dave was a millionaire and I wasn’t, so what did we gave to loose?
During our journey, we paid off our new house in less than eight years, beefed up our retirement significantly, survived a sudden job loss and now have a paid for vacation home in Florida that we can enjoy during the brutal winter months. We are not millionaires, but we are extremely happy, healthy, and financially stable. I say try it, you have nothing to loose! Thanks Dave. ❤
Dave is a millionaire because he wrote a bestselling book and sold programs, not because he followed his own advice.
If your objective is to build wealth, paying off your house faster is objectively a slower way to do it. If your objective is financial peace of mind... well that is good advice in the short term, but taking a long term view -- if you paid off your house early but have $100k in the bank after 20 years, but I made minimum mortgage payments only and invested more heavily for 20 years and now have a small balance on the mortgage but $1m in the bank -- who is more secure financially then?
Not everyone can be a Chad. 😂
The issue with the 1,000 is it isn't what 1,000 was when Dave started & he is a hard head.
They refuse for admit this.
1,000 dollars was never enough Dave has said for years now that it’s just a start because when he first started doing this people would get very discouraged because some thing would happen and they would get set back from working on their debt snow ball. So 1,000 dollars is just in case something happens. Step one use to be step two so yes he knows that 1,000 dollars isn’t enough it’s a starter Step 6 is where you get to the real savings
From a Costco worker that sees so much theft, I promise you don't want to let someone use your Costco card. There is a chance that you could get tangled into there crime.
I just love how REAL Rachel is 😅 the stupid preservative peanut butter argument is so tired - feed your kids what you want 😂😂
About credit cards, Rachael said she doesn’t want to be part of “the industry”. She is part of “the industry” when she uses her debit card. I’m sure her debit card has a Visa or Master Card logo on it. The store she uses her debit card at is being charged 2-3% for taking that card. So she a part of “the industry”.
She might be using their own (Ramsey) debit card. Gazelle Debit card have a visa logo?
They are absolutely not the same. Stores choose to opt in to those fees when they accept those cards. Credit and debit are two very separate industries.
I have credit cards.
I pay them off in full every month.
I got over $1,500 back in rewards last year.
But, I freely admit that George is right.
I’m pretty sure I spend more using a credit card than if I was paying cash!
I spend more using cash. Once it’s cash, in my mind, it’s spent. Credit cards help me see a balance. When it gets to a certain point I stop. Same mechanism, just different way of paying.
Theres no difference for me either way. I do all my agonizing about the purchase up front. I don't impulse buy. By the time the card comes out or im pulling the money out. Ive already had ll those battles of if i should purchase it or not. And im ok with purchasing. Plus ive had my wallet stolen before. Carrying around large sums of cash is not safe imo.
I prefer credit because i can see everything i purchased. And i can reevaluate if it was a good choice or not and it helps me learn. I cannot do that with cash.
Plus.. its not a lot. Nobody is getting rich of of this. But having 2% back. Plus all my purchases are coming out of my back 1-2 months later. It allows me to do a lot more with my money.
Ramsey picks on the rewards. However i calculated out that if i had invested the rewards into a retirement account starting at 20. Its enough i could retire with over a million. Doing nothing but investing that cash back and using it to its full capacity. So... sorry Dave. The rewards cards are actually pretty good.
But if you budget and stick to it how does this happen? Genuinely asking. I make a budget every month. I pay everything with my credit card and stick to my budget. I pay the card off in full. I get about 100$ a month in points that i use for groceries - which means i save alot on food. What is the downside? What am i missing here?
@@mskimy1125 The Ramsey system thinks we are all morons that spend needlessly.
Enjoy your show and your money mission but what I enjoy the most is when George makes Rachel laugh 😆😂❤❤
Loved Georges comment about getting back on the horse, he always wants people to sell the horse. LOL
Just finished listening to George's new book! I love all the research and numbers that went into it. The plan really works and I appreciated all the information on all the sorts of money things that are out there in the world, I learned a lot. My husband and I have very average jobs, I work at an art studio and him at a church. By following all the baby steps we combined paid off 50k in debt + 15k cash wedding and built up our emergency fund all within 3 years (We also boosted our income for 1 of those years). At 34 I was $30k in debt with no savings and now at 39 I have no debt and am on baby step 6. We have the freedom to tell our money where to go AND live a life that has lower stress.
That’s a really good analogy with CC’s & alcohol actually …. Alcohol destroys some lives like CC’s do … ultimately both industries aren’t trying or do good for us. Each needs spouses to be on the same page. Each in moderation are typically considered ok. Well done Michael.
I thought that was a good analogy too
I agree. As someone in 12 steps...I struggled with both!
I LOVE your show! I actually have you guys, Ramsey and Deloney all as apps . I walk daily and I used to listen to news podcasts, however, I find it much healthier mentally to listen to your content. And at 72 years young, I still appreciate that I learn from you guys. But mostly I truly appreciate all of the positivity that your shows put out in an often negative arena. Keep up the amazing work. I know you are helping so many❤❤
Ditto. I stopped listening to news and replaced with these shows too
Regarding the emergency fund: HIGHLY recommend if you are able, to save at least 3 months of expenses in a High Yield Savings account before paying off debt. My wife and I did the $1k thing and its great, but things like cars breaking, kids breaking their leg etc. all exceeded the $1,000 and we kept going back and forth from saving the $1k back up to debt snowball, then back to emergency funding. We really weren't getting anywhere. Fast forward, we saved about 3 months of expenses within 7 months in a HYS account and now only have my wife's student loan debt to worry about. Dave has good advice for sure, but I think at the end of the day, you really can adjust the steps in a way that benefits you best.
The pb I get ground fresh from the store does not separate.
It will if you let it sit long enough in the pantry! (Which you shouldn’t do. Fresh ground PB should go straight into the fridge!)
4:07 Y'all are literal doppelgangers, I love it!
When we began teaching financial peace in 2015 we learned so much. When teaching FPU we did have some people in our classes who were very resistant to change in order to have financial success. So we had to toughen up and not feel bad when they left not learning anything. However, more often we had past class takers who come up to us to share their victories. So George and Rachel keep it up.
Where did Lindsey go?
I had the same thought. I hope she is ok.
Did she leave Ramsey or get fired?
That’s what I was coming to ask too!
Ain't it maternity leave
Love George defending women. Definitely need it to balance out some of these comments.
The baby steps always work, always. The fact that the timeline is different for everyone is just reality. It took 16 years for us to get FI but it worked.
We also didn’t do the $1000. We did 3 and we’re just fine with it. You can push and push and push and push and things will still happen..HAVE THE EXTRA
I have seen the credit card / alcohol correlation play out in real life. Someone I knew personally had a drinking problem for years. They got sober, but never dealt with the underlying issue causing the addictive behavior so it just manifested in other ways. The biggest & most damaging was spending money...just buying stuff. Of course, charging everything & ended up in bankruptcy, practically destroyed their marriage and will have to work until they die just to afford the basics.
I think "trolling" can be a mis-used term when someone is attempting to feed back directly to a content creator in a constructive way. It's like we've been conditioned to only accept compliments and positive feedback but this isn't real life. This is bleeding over into reality where someone voicing a legitimate concern becomes a "hate-crime", that's very dangerous for our already overly letigious society. It's good to remember that Jesus Christ teaches us to be slow to anger and quick to listen - it doesn't compromise or minimalise you to give someone the benefit of the doubt or ask for clarification xx
Watching these 2 fumble and stumble on the alcohol comment was humorous. Alcohol and credit cards both have an absolute risk to ruin someone’s life. Plus Rachel saying “I don’t want to be part of an industry where their only goal is to make money off me”. That’s every business ever, tries to make money by having customers 🤦♂️. They are struggling harder and harder to defend credit cards
They just fit whatever into their little system. Doesn’t matter how much common sense is there, they will try to defend a 30 year old outdated viewpoint.
Can’t blame them, though. You do what your company says or you don’t work there anymore.
Love watching/listening to you guys!!
The guilty as charged was like a comedy sketch from Seinfeld, which by the way I enjoyed a lot the references used in George Kamal’s new book Breaking free from Broke
Y’all are amazing!
I love this channels, you guys give great advice!!!!!
Racheal you really have a gift of understanding people’s personal financial situations , George your so wise and direct when you communicate keep it up !! 🇨🇦👏
The explanation of the $1000 BS1 actually makes so much sense. I don’t think I’ve ever heard them justify it as it not being enough
You guys are awesome!
First episode I've seen and I loved it, was really fun to watch! Keep it coming
You guys are so fun and make the episode fly by with all the hilarious anecdotes!
Keep preaching the money message, Rachel and George. I so appreciate you and look forward to your weekly Nuggets of wisdom!❤
Love you two~!
This was a great episode!
You guys are awesome.
I love how George keeps bringing up the Queen bed for Charles! 🤣🤣
Regarding the emergency fund, yes if you have an emergency over 1K you could try pausing your debt snowball and cash flowing. The problem is what happens if you have an emergency that needs to be paid for right away? What if your car breaks down and they have it repaired a week later and you can’t come up with extra money in a week? What if your pipes break, and you have to pay the plumber a day or two later? They’ve been multiple occasions now where the Ramsey team has talked like you can plan for emergencies. You can’t always plan for emergencies, that’s why they’re emergencies.
What if your car breaks down and you never have a single thing saved be at 1,000 or even $500? Then your soul 100% depending on the total bill that's due and how critical it is to get that part of the car repaired in order for it to function to get you from point A to point B
You can plan for an emergency. You don’t know what or when it will be but you know something WILL happen.
Technically if you are paying off your debt. Then if you have a true emergency you probably have available credit you paid down already. Just use that. Just start with your credit cards on the snowball and don’t worry about emergencies. Use the cards in a true emergency over 1k.
@@MikeHobbs the chances that someone will have an emergency in the middle of paying off the last few dollars of a particular debt is pretty damn Slim
But the bottom line is it is a mentality change one must complete. If you keep doing the same things you've always done especially using the same tools and the same methods and you expect different results then by historical proven fact definition you are a dumbass and that word you in that sentence can mean to anyone
@@motoryzen ya I was just addressing the worry about only having $1000 in savings. If someone had a real emergency they could use the credit card debt they have been paying off this whole time for the “real” emergency. But like you said it’s slim chance they will need to do that. But at least the worry is gone and they can focus on paying off that debt with only 1k in the bank.
I think you guys are awesome! I look forward to Happy Hour every Thursday. I appreciate all of the Ramsey personalities and love listening and learning from each of you. My husband and I took Financial Peace University 20+ years ago right after we got married. We are currently on #5 of the baby steps (we got started late with kids…our oldest is in 6th grade). Thank you for sharing all your knowledge and putting a smile on my face each week!
Good episode. We’ve done very well following the Baby Steps, as have many others. Criticize the steps if you will … but if you follow them, they work.
George I love you joking with Rachel. Rachel takes it so well. Love the show you get the crew involved.
You two are great. Love that you can stay positive and kind despite some interesting comments.
I'm doing 50 dollar's a week at aldi. It's working great so far!
Peanut butter should only have peanuts. Maybe salt if you really want it. There's no reason for it to have added oil or anything else.
What's crazy it costs 4x as much for fewer ingredients 😮
@@thedopplereffect00 Too true most of the time. Recently though, I've found Crazy Richard's brand in my area, which is less than $4/jar.
George can do standup as a side gig😅
Who else is excited?!
Love this show!
@@HartFamilyAdventures one of a kind!
I am!
@@BBEX-fu5ho let’s go!
Dave makes people feel dumb, but I've never felt that from George and Rachel. 🥰
Dave is more on the mean side meaning very direct. He's the Dr. Laura of finances but sometimes tough love is what's needed.
Your only dumb if you know the better decision but you choose the worse one.
He also calls himself dumb
Same plus he's kinda rude
@@NSER164true, but it’s possible to provide constructive criticism without calling people absolutely asinine and stupid. Dave is sometimes respectful and kind, but he’s often pretty rude when someone offers a different opinion. It doesn’t make his advice necessarily wrong, but Rachel and George can get it across without a temper tantrum.
Call a "Wambulance"
Agreed about baby steps method works with everything!!
i am digging his chelsea boots!!
You both are very good looking people! Don't listen to the haters!
Costco has begun asking people for their cards as they stand in line and scan them before you pay. After the third time I asked why and they said because people are using other's cards. It is what it is.
Love the show
I love watching you guys! It’s a bright spot in my week! ❤ Rachel…my dad’s name was Winston. He passed away 20 years ago from cancer (he was 64). He was very sweet and loved the Lord. So I don’t think of a bulldog when I hear your hubby’s name.
That old guy not buying a costco membership is just a ramsey fan! Saving his money! lmao
George! Penney’s is for those of us over 60! 😅
The accented Georgie was superb
I sort of did the debt snowball method for school work also. I would list the assignment by easiest to hardest with a slight adjustment for accounting for most pressing. Due tomorrow verse next month.
With the peanut butter that has the oil in it you mix it really well and then after it’s all mixed together, you store it and keep it in the refrigerator that’ll prevent the separation on a consistent basis and that way you don’t have to consistently “churn” it
You guys are awesome💪
Thank you for making me laugh ❤😂
I’ve been a LONG time Dave Ramsey girl and when George came along he use to get under my skin with his “dad jokes” NOW I love his sense humor 😁💙
George and Rachel are my favorite Ramsey personalities! Appreciate George's incredible quick wit. Rachel is very relatable and down to earth. Love this program 👍
It's 3AM and I am waiting for this video to start!
I enjoy this show every week. Thank you for putting it together. Question about the baby step millionaire term, would a couple need 2 millions to call themselves millionaires?
George is living out a modern day Seinfeld episode at CostCo.😂
Broken garage door, not fixable, costs more than a $1000 to replace.
But you can choose not to use the garage door until you have the money to fix it.
Park in the driveway. And if you can't park in the driveway because of your HOA, well then, you see why HOAs are stupid.
@autumnjerene yes that works if you can close the door, but having an attached garage with no door is not an option in the inner city especially.
That is bull crap and whoever quoted you that price is trying to rape your wallet. You need to shop around
@@autumnjereneOk. Broken furnace. $6,000. You can’t choose not to fix that.
When George was talking about the alcohol and credit card comparison he said "and for that reason..." And I totally thought he was gonna say "I'm out" 😂
The key with the no sugar added PB is stir it once and then store it in the fridge. It won't separate again after that because of the cold. 😊
If you buy peanut butter with oil.... Turn it upside down. The oil mixes in itself and you don't have to struggle to stir
Are we all going to gloss over Rachel’s joke at the end? V-e-n-m-o! So good😂😂
I agree with Michael Carter's comment. There are also people who advise absolutely no alcohol just like Ramsey is absolutely no credit card so I understand why they can't say he's right
His comment is reasonable but I disagree on both counts. As a responsible adult I use both a credit card and alcohol. If it’s a problem, by all means abstain, but it’s truly not a moral issue.
Yall don’t call them dumb but Dave has done that before. I think that’s what they’re referencing.
First time I hear one of them mention truly healthier food choices (peanut butter comparison). I’m here for it. 👋
Gm from NC 🎉
Thank you for acknowledging 2 things: that separate finances are sometimes better than together and that $1000 isnt enough. I find that so often on Ramsey group of shows these 2 things don't get explained. Here Rachel gives the information to say it's more about momentum and getting an easier win up front with the ability to pause aggressive debt repayment if you have an emergency versus getting stuck on too large of a goal for baby step one
My father already told everybody in the family before we would even ask, but he’ll never cosign anything for anybody.
I don’t have debt but I debt snowball my work! Low hanging fruit first for the easy W, then larger tasks after I’ve built some momentum and I’m in the zone!
Just a hack if you want to use the more “natural”/minimal peanut butter: use a hand mixer with one attachment! It worked so brilliantly and I had wasted SO much time trying to mix those dang jars.
Laughing out loud with them 😂
Oh no… I started saying “smart money happy hour” in unison with them
George is so funny i love them
My daughter is bugging me about my Skippy....I don't like the oil either but she told me to try whole foods peanut butter you get there that's ground. I'll see........
Well now that you brought it up, George would love to see ya rockin some colored glasses like Jade. But you guys are both you - we like you the way you are. 😊
I think if you did some more research on the insidious activity of the alcohol industry you'd see even more parallels than mentioned on the show. The nature of their behavior is what has me reevaluating my relationship with it, in the same way information I've learned from your shows has me reevaluating my relationship with my credit cards.
Sincerely,
Someone Who Only Drinks On Occasion and Pays Off Their Credit Card Every Month.
We use a credit card and pay it every month without fail.