OH GIRRRL Afterpay knows my name! I lived that way last year and its literally addicting. Its so much easier because it doesn't hit your emotions until you're trying to get OUT OF DEBT and realize its a DEBT and a payment.
The way whole life insurance works is a portion of your payment goes into a savings account, and a portion buys term insurance. When you die, the insurance company pays the value of the policy. Now, if you make it to the end of the "term," I forget if it is 70 or 80 years old, they also pay the value of the insurance policy. The is the difference between term, and whole life. Whole like is term + forced savings (which you can not access.)
Some of those things I call 'degrees of dishonesty'. Not exactly stealing, but an expanded definition of fraud. Fraud is where you represent something as one thing, and/or omit details. So technically the person 'agrees' to the transaction, but was not given the full picture, or true picture of what that transaction really entailed. Especially things like hidden or glossed over penalty rates. I have no idea about the payday lender business, but it smacks of preying upon the vulnerable and desperate.
How many life insurance company's did you know of before zander set the others on the table? If you have heard of them its because they might be more expensive because of the marketing... Food for thought. Have a good one my friend
Buy now pay later is fine if the intended purchase is on sale and you don't have the full price right now but if you intend to make the purchase in the first place and you make the payments on time and there's no interest in any way shape or form than I wouldn't have a problem with that"debt"because you'd be saving money
0% on vehicle. I still got discounts. Just a 3k different if I went with a APR rate. Ppl are paying on average about 1,800 a year in car interest. Maybe 3 times more if credit is bad In the end, you still paying full price when u get interest charge.
It's not really stealing since people are engaging in it and agreeing to it. It's also legal what is being done. Still bad for your budget, but not stealing.
I would like to.hear about global life insurence wich have many programs which covers for accidents or cancer things like that I just signed a contract and I don know if I made the right
I have zander insurance that is advertised. You will never get 10-12 times income coverage term life for $20 per month. Its probably closer to $75-100. Come on! Your selling ins indirectly. Albeit, a better product. Still be truthful about actual costs!
She is 100% wrong on zero percent car loans with regards to pricing. I have always negotiated best price when using zero percent financing. I haven't paid interest in a car loan in over 25 years and I always get a good price.
I know whole life is a rip off but what about HSA where you put money away for medical expenses and after a certain balance they offer the option to invest?
1. Buy now pay later programs 2:08
2. Zero percent financing 3:14
3. Whole life insurance 4:50
4. Payday loans 7:20
Thank you, I expect better from Rachael to respect our time and give us an overview.
Thanks!
@@itrebor you waste your life in gossip this atleast will make you wiser.
OH GIRRRL Afterpay knows my name! I lived that way last year and its literally addicting. Its so much easier because it doesn't hit your emotions until you're trying to get OUT OF DEBT and realize its a DEBT and a payment.
I love the way you clearly explained self-insured! Always feel inspired by you, your humor, your intelligence, and your classy attitude and beauty! 🥰
Thank you Rachel. You are doing an amazing Job.
2:44 If you have to make payments on a $68 sweater, then you cannot afford the sweater.
The way whole life insurance works is a portion of your payment goes into a savings account, and a portion buys term insurance. When you die, the insurance company pays the value of the policy. Now, if you make it to the end of the "term," I forget if it is 70 or 80 years old, they also pay the value of the insurance policy. The is the difference between term, and whole life. Whole like is term + forced savings (which you can not access.)
Hahahaaa your husband got the laptop back though. 🙌🏼 way to go dude.
That WAS fortunate that he got the laptop back. At least she didn’t drop it and damage it. Gotta meet in a safer place for Craig’s List transactions.
Our Payday Loan places around ME charge 400-800% interest!!!!! Crooks!!!
Thanks for sharing have a blessed day in the name of Jesus
You’re always dropping good, practical nuggets!🔥
Some of those things I call 'degrees of dishonesty'. Not exactly stealing, but an expanded definition of fraud. Fraud is where you represent something as one thing, and/or omit details. So technically the person 'agrees' to the transaction, but was not given the full picture, or true picture of what that transaction really entailed. Especially things like hidden or glossed over penalty rates.
I have no idea about the payday lender business, but it smacks of preying upon the vulnerable and desperate.
If I can pay $17 a month on s shirt i can set aside $17 a month to pay for the shirt in full
@ it really is lol
This is really SMART advice!!
Rachel, most of the life insurance companies zander gives quotes on. I've never heard of. I enjoy your videos.
How many life insurance company's did you know of before zander set the others on the table? If you have heard of them its because they might be more expensive because of the marketing... Food for thought. Have a good one my friend
Actually pay for it! Love it! 🙌
Buy now pay later is fine if the intended purchase is on sale and you don't have the full price right now but if you intend to make the purchase in the first place and you make the payments on time and there's no interest in any way shape or form than I wouldn't have a problem with that"debt"because you'd be saving money
0% on vehicle. I still got discounts.
Just a 3k different if I went with a APR rate.
Ppl are paying on average about 1,800 a year in car interest. Maybe 3 times more if credit is bad
In the end, you still paying full price when u get interest charge.
When they steal your money they’re stealing your time.
1-making after payment/actually pay for it in full
2- 0 percent financed, no interest
3
I switched from Sprint to Mint, my annual bill went from 1700 to 600.
It's not really stealing since people are engaging in it and agreeing to it. It's also legal what is being done. Still bad for your budget, but not stealing.
#5 Ramsey Plus
I pay for term life insurance. Should I stop and start putting money in a mutual fund instead?
No, if something happens to you today or tomorrow it will help your family that's if you're married and have kids. I'd say do both
If you have nobody depending on your income-go for investments. Insurance is protection for your family.
7:34 Triple digit interest rates...
I would like to.hear about global life insurence wich have many programs which covers for accidents or cancer things like that I just signed a contract and I don know if I made the right
What’s your view on used Tesla models? Is it still better to purchase a cheaper used vehicle?
Prepare for higher insurance rates on Teslas.
@@markg999 putting out a lithium battery fire is very difficult
@@buyerbware25 That....and it doesn't take much to total a Tesla due to lack of parts.
I’m very confused why mutual funds are always recommended instead of etfs?
Because Ramsey only gets commissions from people selling mutual funds. ETFs do everything mutual funds do in a more tax efficient structure
She's so beautiful 😍
Cash is king.
Cash is trash nowadays..
I have zander insurance that is advertised. You will never get 10-12 times income coverage term life for $20 per month. Its probably closer to $75-100. Come on! Your selling ins indirectly. Albeit, a better product. Still be truthful about actual costs!
Everything is on payments these days. No one will tell you the actual price.
She is 100% wrong on zero percent car loans with regards to pricing. I have always negotiated best price when using zero percent financing. I haven't paid interest in a car loan in over 25 years and I always get a good price.
You do pay more. I was offered a zero percent loan for my car and I told them I wanted to buy it outright and they dropped the price down 3,000.
mmmm but life insurance at the pay of Netflix subscription is not true... $30 a month for a single person, I agree, is cheap, but it's not $8.
Baby daddy.....uh that doesnt sound so swift...
Thanks Rachel. But your Dad said whole life insurance is better???
I know whole life is a rip off but what about HSA where you put money away for medical expenses and after a certain balance they offer the option to invest?
No, Dave always says TERM life insurance is what you want.
Like mutual funds with excessive fees? Oh sorry, that’s what you guys push LOL.