The Ramsey Show (July 13, 2023)
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First caller should tell mom to fine a husband.
Do George and John actually like each other…..? Or is this playful banter? Both of them are fantastic!
Omg , GK u r a genius
A couple of Nashville weenies.
Maybe these guys work cheaper. Eh, Davie? "Reverend" at the lake house .
Her mom might qualify for subsidized housing and food stamps.she can get help on light Bill's etc
If you ever lose your job unexpectedly you will wish your house was paid off. It can happen no matter how secure you feel in your job. It happened to me!
I never understand the callers who don’t know how to tell their family no. Easy.
It goes like this, firmly…
“No, I will not loan you money & don’t ask me again.”
Idc if you’re my grandma or what, it’s no & gonna stay no. Why are people afraid to speak up?
I have a thought…do we factor in the number of children we can actually afford in the baby steps program? Surely family planning needs to be considered as part of the baby steps…I know there are combined families these days but 1 AND 2 year olds plus 4 other children woth oldest at 15 years old? Marantha sweet Jesus!
Thank you for discussing the topic of paying off the mortgage early versus investing the difference! My dad who work in finance told me that I would be stupid to pay off my house early with a 2.78% interest rate.
I’m a fan of paying off your house, but you can still lose it if you don’t pay property taxes. You will always owe on your house unless you are a 100% disabled vet and don’t have to pay property taxes.
I love George Kamel. He’s a fantastic role model for the young-uns! He’s cool, he’s cute, he’s smart, and he makes being money-savvy the best thing ever. AND he sings! 😃
1:22:28
The bus driver (42:09) JUST woke up. Give him time😌
I love it… Honor your parents, but don't enable them for bad behavior.
Fantastic show today. Great chemistry between Dr John and George. They were very funny and helped a lot of people.
Not sure if George misspoke, or if he doesn't know. But mortgage interest is NOT front loaded.. It's simple interest based on the principle amount every month. Ramsey talks about this all the time… It feels front loaded simply because your principle is highest at that point in time, but it's not actually front loaded..
And as far as paying off the home loan vs putting the money in a savings account earning 5-5.5%, assuming both amounts are the same (which they would if you're saying fully paid off house vs having the money in a savings), you would make more money if it's in the savings account. And the whole sleeping better at night? If you lost your job the next day, you could take the money out of savings and pay off the mortgage at that time if you wanted? Not sure how that is an argument.. As long as your savings account is compounding at least monthly (better if daily), then you would be earning a couple percentage spread. But once rates come down in the savings account, then you could pay off the mortgage..
Just remember any interest earned from a savings account is taxable income. But you would still come out ahead by a few percentage points, which on a larger sum of money, (like 150k+), is still a lot.
The Success behind every Rich person today is the decision they made for themselves, I'm so happy with a good investment I'm able to acquire my third house recently even as a father having 4 kids and my wife is late, I just believe if things keep going well for me I would retire early.
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I love that term ‘walking Xanax’ lol that’s the best! I’m using that one! 🤓
You have to be careful when you connect side hustles to Night Shift jobs. I tried that once. It will work for a little while but realistically you have to sleep at some point. If you run yourself down and then you get sick or God for bid you’re in the car and probably shouldn’t be driving because you’re too fatigued, it can be a dangerous scenario so I would go with the retail gig. Just my opinion.
God wants you to provide for your family. The BibleBible says that you leave your family and cleave to your wife. If this gentleman who wants to be in ministry goes to the church and humbles himself, saying that he needs time to provide for his family and bring in more income. If he’s honest with the church, they should counsel him appropriately and either offer additional support so he can stay at the church or assure him that once he regains his ground that he will always be needed and welcomed back to provide ministry for others. You need to be in good shape if you’re going to help other people. It’s that old saying about the oxygen mask….. you need to keep yours on, so you can help others. If you take it off you’re of no use to other people.
I don't get the whole fairy tale wedding dream, but maybe I'm just a guy. I'd rather that money turn into half a million to a million over time. It's just a one day thing.
Dude is getting a business degree, says he's entrepreneur minded, but his business is failing and he's talking about working two full-time jobs for someone else to pay the bills 🙄
Wow George actually threw me for a loop on the interest rate spread @14:32. and I am a numbers NERD. This why I love George.
I MISS THE OLD INTRO 😢
Awesome show today as always! Thank you for all you do!
We were able to help our son and daughter with a beautiful, fun $6000 wedding. $18000 seems extreme.
Wow… setting boundaries with my mom, it felt like she was me 😢 thank you guys for the advice
On the flip side of debt, my grandfather was Never in debt, lived a very frugal life, worked hard, saved money, invested, and retired a multimillionaire, but died in his mid-sixties from the stress of always worrying about money. Balance and attitude are key.
John's mention off constipation and flatulence is off-putting
Is it vanntastic good, this lady talks about Dave in one of her episodes in a nice way but at the same time she says you don’t need to eat this or that everyday.
Money doesn't care about your feelings. So I disagree with following all the Ramsey advices at full. They work, but there are faster ways of getting rich too.
I say do the wedding. With agreement that you both work extra after to pay everything off
John is falsely trying to equate changing tires to being a worship leader at church as part of ministry
Why does John always talk about himself?
Tyler is living la Vida located making $123k + and spending it all while living with his mom
Lakesha i hope your wedding is beautiful❤. There are a lot of cheap ways to do a very nice wedding on a budget.
great to see the ramsey show still going strong
Jeremy could be driving a truck or bus in his own town and making way more money.
Love George Kamal, always gives great advice, mini Dave 🙂