You Can’t Get Out Of Debt By Doing THIS!
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Speaker Pelosi said increased spending reduces debt!
You got this girl! Work the baby steps and you’re going to be debt free so quickly with that fabulous income. ?
Waiting for a strawman argument claim or something ingenious from Saul Goodman. He knows what he's talking about way over Dave. I don't even watch these videos anymore because Saul's advice is better.
She sounds Trinidadian .
“You can’t intellect your way out of a behavior problem.” That’s exactly what I needed to hear, thank you.
Sorry if some of my posts show up twice. I was confused a while back trying to figure out why that was happening, and ended up finding out it's some type of youtube glitch that happens to people sometimes.
Arrrgggghhhhh, Sam Kinston has entered chat.
The emotional aspect they speak of is the secret sauce. Forget about finance and look at fitness goals. People purchase exercise equipment and gym memberships and never use them. Why? Same emotional response factor in this video. When you have the "no more" moment, you change. Btw, now I have both money and muscles, so hate us all for being right! Peace
sell pizzas
Why does Dave forget about taxes. In all his calculations, there's no taxes figured in.
Did he say, "pay MINIMUM payments"? Does that sound like a mistake?
Caller: I make 160k
Dave: BEANS AND RICE, RICE AND BEANS
160k a year? She’s got this ??
Nothings arks me more than seeing "THIS" in the title….
He forgot to say "we're not going inside of a restaurant unless we're working there." And BEANS AND RICE.
I always thought that adressing your biggest debt first is much more satisfying that your smallest debt. But that's just me.
Never cut up all your cards until you have that full emergency fund. Dave is 100 ? wrong.. If an emergency does happen and it’s over $1k then what?
Dave really likes to forget about taxes lol, the $20k bonus will be roughly about $13k after taxes so the $5k left on family loan is not correct.
I paid highest interest first; but I was more motivated by spite and the idea of making the people who were using debt to proffit off me to make as little as possible.
@6:00 – The study Mr Ramsey is referencing is in the August 2012 issue of the Journal of Marketing Research. The paper is by David Gal & Blakelely McShane & titled: Can Small Victories Help Win the War? Evidence from Consumer Debt Management. It's behind a paywall but you can read the abstract online & there are some third-party articles summarizing its results.
That's a good salary
I paid my student loans today!