I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

@sanikura837

Ай бұрын

@Adelinde-Isabell That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

@sanikura837

Ай бұрын

@Adelinde-Isabell I will give this a look, thanks a bunch for sharing.

@terricox3559

Ай бұрын

Bots

I started off snowball, to get the hang of things, paid off a couple of things, then I switched to avalanche. I've been debt free for 3 years. Best decision I ever made.

@Rebel2332

3 ай бұрын

Yeah, snowball didn't really work for me either. Avalanche really got me paying off my debt aggressively.

@carolinag8943

2 ай бұрын

That’s it! I started snowball and I’m choosing avalanche bc that high interest is killing me every month and if that’s lower then the small ones could use that money that was being wasted just in interest 😢

@charanjit7427

2 ай бұрын

@@carolinag8943 me 2

@aeterna581

Ай бұрын

​@@carolinag8943agree. I hate myself when I'm paying interest, so I choose avalanche

Down from 100k in debt to 14,500 in 4 years. Still working hard to crush that last bit

@noahalexander8142

8 ай бұрын

keeping going hard it’s gonna be paid off soon! 💯

@jungle717

8 ай бұрын

Can you tell me how you did that.

@Zwt256

8 ай бұрын

That’s amazing bro. Do it! Good job🎉

@IAmTrashhy

8 ай бұрын

How did you manage to get that much paid off that quickly?

@LaxFreak211

8 ай бұрын

@@IAmTrashhy bought a cheap $169000 townhouse and have a 980$ mortgage. I am a deputy making 74k base pay and work a lot of overtime. This year I may clear 100k due the the large amount of overtime. I am down to 13,000 left. 82k was student loans and 18k was my car which is now paid off. Will have my student loans paid off by June hopefully

I hate having debt. I literally want to cry daily

@Pasookie3

4 ай бұрын

Same

@annadavis6361

3 ай бұрын

Keep pushing!

@clarismendi1181

3 ай бұрын

I cry daily

@denib4677

3 ай бұрын

I completely understand. I had to stop paying so I could afford the important bills-rent, car note, insurance, now I'm almost 7000 in the hole. Idk what to do

@VanntasticFinances

3 ай бұрын

You are probably in better shape than you realize. The answer may not be that far away... VANNtastic!

I wish I invested in stocks earlier but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

@HildaBennet

Ай бұрын

Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

@FinnBraylon

Ай бұрын

Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

@HildaBennet

Ай бұрын

Your manager must be really good, how I can get in touch with them as my porfolio is not performing as expected.

@FinnBraylon

Ай бұрын

I have “Sonya lee Mitchell” as my investment manager. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.

@HildaBennet

Ай бұрын

She seems well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

I started snowballing 3 months ago and I’m about $3000 down… so glad I did!!

I’m $9,900 in debt . Aggressively paying it off $1500 every month. Can’t wait to be debt free. 😭😭😭😭😭

@jasonm8017

9 ай бұрын

At that rate, you’ll be good in no time 👍🏼 I think I need more help

@mollyeason8795

3 ай бұрын

You are almost there! Based on this, you should be debt free in 1.5 months! Congrats!

@joncena168

2 ай бұрын

You got it bro!

@jeremywinkler8275

Ай бұрын

Thems rookie numbers

@user-zm4fv3de5c

Ай бұрын

@@jeremywinkler8275That’s nice to hear actually.

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

@mikesnoek

Ай бұрын

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading

@MaiDaniella-mr2gq

Ай бұрын

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

@sakuracriticacorreooficial6907

Ай бұрын

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

@user-um8pz5fl5c

Ай бұрын

I'm new at this, please how can I reach her?

@jadewashington7

Ай бұрын

she's mostly on Instagrams, using the user name

I like that you mentioned the woman and her husband had a LOT of debt and it took 7 years to get it paid off. There's plenty of people who have a ton of debt that can't be paid off in 2 years. Kudos to you for throwing that in.

My debt-free day will be October/November 2024. I will have paid off $64,000 of debt!! 🎉

@JesusIsLord7773

23 күн бұрын

Congratulations in advance!!!

As of yesterday I am debt free. 🙂 About a year and a half ago the Ramsey show inspired me to change. Thanks 🙏

@mollyeason8795

3 ай бұрын

Congratulations!!!!

even though i am not in debt I continually listen to episodes like this to remind me NOT to use debt at all

@cssystemsmcpherson8695

10 ай бұрын

Me too!

@DNaupari

10 ай бұрын

100%

@Resolve_DigitalMedia

10 ай бұрын

You have a credit card?

@freedomring3022

10 ай бұрын

@@Resolve_DigitalMedia no

@timknotts4752

10 ай бұрын

Me too!! Debt free and love it!! Loyal listener and followers for years.

My debt free date is December 12th 2023. Started on March 1st 2022, will have paid off $60,000 worth of dumb decisions, until one day I finally said "I'VE HAD IT, IM SICK AND TIRED OF BEING SICK AND TIRED." Will definitely be scheduling my debt free scream soon after

@acatl33

9 ай бұрын

Any tips?

@alejandroguerrero7841

9 ай бұрын

@@acatl33 make a budget. Track all of your expenses and you will find “extra” money that was going elsewhere. Work OT if possible or find a second job. The beginning will be tough but give it about 3 months and you will see the turnaround and start to believe it is possible. You got this. I’m rooting for you🙏

@coldbrew974

8 ай бұрын

How's it going?

@alejandroguerrero7841

8 ай бұрын

@@coldbrew974 couldn’t be going better. I had a hiccup with the car and had to replace the tire but nothing my emergency fund couldn’t handle 😀

@superlamb6395

5 ай бұрын

Hi. Hope you met your goal? Any updates?

I’m in this position. 40k in debt. Just put 4.5k into debts today. Took all my taxes and put it towards it. Done the math and it’s 18 months for me to get to no debt. I’m gonna do it. I have to get this done

@Thecraftyblacksheep

3 ай бұрын

I have a $1000 emergency fund as well. Started the Dave Ramsey method

Proud to say my debt free debt was two years ago. I've never felt so financially free!! Its awesome. For those in debt, get debt free (you can do it!)... it's so worth it!

@TragickSin

9 ай бұрын

I do not want to. Do not tell people what to do you snob

@YellowRoses10

7 ай бұрын

Congratulations and thanks for the encouragement🙂

@sunnyjones2659

7 ай бұрын

I needed this encouragement today. Thank you!!! 🙏🏽

My wife and I are starting the snowball debt payoff this month. We finally hit our breaking point and felt so overwhelmed with our credit card and student loan obligations. We're going all in on this and we've projected we can do this in less than 3 years or less. Wish us luck!

@IAmTrashhy

8 ай бұрын

Good luck I’m over 50K in debt currently and want to be debt free in the next 3-5 years. It’s gonna be a struggle but I’m gonna try as hard as I can

@dab34rs

8 ай бұрын

@@IAmTrashhy Good luck to you too. Short term sacrifices for long term gains!

@YellowRoses10

7 ай бұрын

The same for me, I'm looking to become debt-free in 3 to 4 years.🙂

This used to be one of my most watched channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

@YTDataAnalyst

9 ай бұрын

Hi Mike. Any ideas how to reach Gary Joe Wilde? I love the testimonies I have seen about him he seems not to own a video channel here.

@katrinaotto7545

9 ай бұрын

Investing so much in emerging companies is a horrible decision. Investing should be like the healthy food pyramid. BTW, I commend Gary's trading pattern too. Different perspective, different technique

I helped someone stay motivated on the snowball method by modifying it slightly. Every time they paid off a debt, I had them only put half of the money they were paying toward that debt they paid off on the next debt and the rest in their pocket. This 'rewarded' them by having cash in their pocket, not feeling broke all the time, and helped keep the temptation of using credit cards away. It was slower in the beginning, but about six months into it, they were volunteering to put the full amount of the payments on the debts they were paying off toward the next one.

@mpowelljones

9 ай бұрын

I love this idea!

@veronicam.3306

8 ай бұрын

Great idea!

@LoveMusic-pd5iz

5 ай бұрын

Great idea for some people. I would find that invigorating and inspiring! My 'self reward' has been smaller. I like to search for my kind of used CD's. So I allow myself $10 per month towards that. Many months I get excited and don't take that $10. The closer I get to $0 debt, the more I am inclined to sacrifice.

@Ponka25

3 ай бұрын

Brilliant!! 👍

@binkjones1484

2 ай бұрын

this is so helpful!

This is what I did. After paying off all my smaller balance debt I am now able to hit my biggest student loan. I was making $300 a month payments. Because of the debt snowball I am now making $1800 a month payments.

@DrRoxanneSenior

10 ай бұрын

This comment may be ideal for the visual reminder George referred to 🤔. This is amazing 👏🏾👏🏾👏🏾👏🏾👏🏾

@krispewkrem3

3 ай бұрын

Now if only you did the avalanche method and budgeted $1,800/months towards that debt. Or basically as much as financially possible. It’s faster and saves money. Snowball is dumb.

I have been following the principles since 2017... in 4,5 & 6. Will be mortgage free in December 2023! This stuff works!!!

Hello to our mates in the US. I'm trying this method in Australia as the debt problem here is bad, our people look up to the American culture in a lot of ways, the good, the bad and the ugly. So far, the Ramsey method is working nicely for me. I've snowballed 4 of my debts, with two left to go. Thanks to the Ramsey team for making this available on youtube, doesn't matter where in the world you are, it works!

@nicholasdickens2801

4 ай бұрын

I’m in the UK. We have so many of the same problems but I’m responsible for my silly debt and I truly can’t wait to be debt free and not be silly again as I’m sick to death of being scared of being totally skint.

When I hear about these $40k and half a mil debts, my $3k-$4k debt doesn't sound that bad.

@kelseykjarsgaard5774

7 ай бұрын

17 plus sounds bad still. Tho I want my card/credit limit to use if need

@davidbrooks8809

7 ай бұрын

Same here 5k 😂

@chiina6567

6 ай бұрын

Same here 😂 ok ok I’m not alone

@Lisa-kz7vw

4 ай бұрын

depend 3K,4K and 5K if you earn very little money I've been there struggling with nothing left to barley buy food and pay bills much less 3K on hand.

@raniyamckinnies3511

3 ай бұрын

I’m. At 50k😅

I'm debt free next month! I will say that there is a blessing to tithing 10% of your income! It's not only a work of obedience, but also contains a reward. In the Bible God offers blessings attached as a reward for being obedient in it! He will: make your week go smoother, knock down obstacles and problems, pour out His peace, give you huge amounts of favor, draw you closer to Him, and just all around give back so much more than your paltry 10%...just for being obedient! Try Him and see!! Thanks for including tithing George...almost no one will! Thank you for your example! Have a blessed day!!😊

@angievol09

10 ай бұрын

Amen!

Everyone talks about when they are paying off their debt, but no one talks about how much money is taking every month to pay it off When I see someone say, they paid off $64,000 off in 2 years, what kind of money is that person making. I'm sure that person isn't making 30k a year. Probably 100k.

@sassysuzy4u

4 ай бұрын

I'm doing the snowball method. I make almost 35. I am currently owing 13727.44 (not counting student loans because that is a whole other animal to me) and lord willing and the creek don't rise will have it paid off by the end of next year and have a $2K savings cushion. I focused on paying off my car first because it is old and I was very upside down on the loan. Just finished that so now if anything happens to it at least I wont be paying for a car I can't drive. My food budget bounces between $50 and $75 every two weeks for just me and my fuel budget is $80 every two weeks. Does that help give you a better idea of what to expect?

@AllThingsConsidered333

4 ай бұрын

My net income is under $20,000. Very difficult to pay off debt that I got into with a decade of serious illness from tick diseases.

@Hope.Akello

6 күн бұрын

Not really. When you make a decision to pay off debt, you are going to see multiple sources of extra income and multiple ways to cut off expenses. I have been making payment of as little as $5 on the debt I am handling. I cut off cost of doing hair from $10 to $3.5 and used the balance to pay debt. As long as it moves an inch, it has moved

I paid off my student loans recently 46.5k and never been happier. I did take a month off and now I just have $8500 left on a car

I owed like $555,000 (now $521,000) and I have just started paying back the loans. 😊 When I was a child, my family always said “you never have to pay your loans back.” Some still refuse to pay, but I am convinced otherwise. It is a large hill, but I am confident that I will pay it all off, in Jesus’ name! Y’all are doing the Lord’s work with these videos! Thank you

When I got a big bonus, I did the debt snowball in reverse. I paid off my biggest balance first. Once that huge boulder was off my back, all the other pebble-size debts were far easier to pay off. It's not right for everyone, but it worked for me. I've been debt-free now for 5 years.

@sharonjones5173

4 ай бұрын

Right. Doing the same. The big boys are getting paid the most I have.

@AnwarHussain-yg7yq

3 ай бұрын

Well done man

@coolhatadventures8111

Ай бұрын

Yes, I’ve been thinking of reversing the process and focus on paying off the largest debt first.

The faster you pay off debt the less the interest rate matter

Congratulations to everyone who’s DEBT-FREE…very inspired and motivated to be the same within next 2 years. 👍🏾

Another big plus for the snowball method is that your credit score goes up because of your utilization

I was a mortgage banker from 2015-2022. The majority of clients that closed a cash-out refinance, HELoan, or HEloc with me for purpose of debt-consolidation, ended up racking up debt again (I followed up with past clients 1x per quarter). It really boils down to a behavioral issue.

I had two loans that were like $50 apart, I chose the high interest one first. That just makes sense.

Today you SHOULD have a 3K emergency savings account, 1K will not do that much anymore.

I definitely prefer the snowball over the avalanche method too. It is way more motivating, and what you do is, once you paid off the first debt, then whatever money you were paying on that, plus the minimum payment you were paying on the second debt, you now put on the the second debt. And so on and so forth. Then by then time you get to your third (largest) debt, you’ll have the money you were dumping on the first, the minimum payment from the second, plus the minimum you were paying on the third, ALL getting dumped on the third. It’s really effective and I’ve done it before and I will do it again! Here’s to everyone’s debt free journeys! 🥂

I’ve been doing the spread out of payments & debt consolidation methods for years. It’s all lead to more spending. Debt snowball is my next thing to try because I’m SO DONE with this madness 😭

Right about so many things. You help people move on from terrible circumstances. You help so many people, more than you know.

George, love that you mentioned to give to God regardless of whether you’re in debt or out of it! God loves a cheerful giver 2 Corinthians 9:7. 🎉

@vanguardiris3232

4 ай бұрын

Heck yeah! And it's true in spirit whether you're Christian or otherwise. I'm not, but I have a portion of my budget set aside for charitable giving because that's the difference between being frugal and being miserly. Being miserly isn't going to help you or your loved ones; it just puts you in the habit of being a stingy, greedy person

I have never watched any of your videos. But i am currently in debt and have been really searching for a way to get out of it. I love the fact you mention tithing. I am a Christian woman and in times of tremendous struggle, i have to admit i questioned wether i should keep tithing while in debt. But i know God tests our faith. And He would help me through. And one day i will testify of his faithfulness. Thankyou for this!

As a 25 year old with a 30k truck and 20k+ In credit cards I regret getting myself in this situation. I bought so much unnecessary stuck while being depressed and just wanted stuff because my friends/family always got nice things. I agree to this snow ball affect. It works wonders. Everytime I get a card paid off it’s such a relief. Everytime I pay something off I put that money towards my other smallest card/loan. I stay watching these videos because it motivates me to grind harder to get myself out of debt to become debt free.

George, I hope you read all your comments. You are so funny. I love your humor. I appreciate all your very specific details about a very simple process. Its something about repeating this information, that we have heard, but in different terms. Keep going.

I am drowning in debt....I am ever stressed..

2:57....I watched that over and over again. Epic!!!

I’ve watched 30 seconds and ca already tell you’re very fun to watch and learn from, thank you for the debt help!

Thanks for all the information you'll give. I just found Dave Ramsey on Tv and have been watching it faithfullly. Keep me motivated. 😊❤

Makes sense if interest rates are similar but here's an example. 25k credit debt at 20% Apr 10k student loan at 5% Apr 6k car at 4% Take a year to pay off the small debt while your most significant debt racks close to $5k in interest. IDK about you but I would never recommend a debt snowball if this was case.

@carlosperalta1714

2 ай бұрын

True, plus debt avalanche reduces interest owed if it is a group of loans (student loans)

I've been doing this for a while. Just got my car finished in January and should be done everything else except for student loans by the end of next year!

July 2026. Debt free!!!

@malayjia1023

2 ай бұрын

Amen

Accumulating debt is a behavior problem. Paying it off can be a math problem if that behavior is solved.

I truly love this as I have made some mistakes accruing debts. Knowing what’s good it’s what makes me upset but this type of videos helps a lot mentally, thanks 🙏

i’m $32,331.33 in debt from the over 60K that it was years ago. I have A LOT of people in my life that tell me debt is irrelevant no matter how much you have. This comment section has given me a lot of hope. i can’t wait to be apart of the debt free community

The Q&A after the snowball explanation was very helpful.

Debt consolidation made sense to me. It's not just shuffling debt. The interest rate was much lower than the credit cards, plus it has a fixed monthly amount that's far higher than the minimum payments allowed by credit cards so you're forced to pay them quickly. The only down side is it frees up the credit cards to put spending on them - but the debt snowball does the same.

@vanguardiris3232

4 ай бұрын

Exactly. It certainly isn't right for everyone but saying it's not worth considering is foolish.

@isaiahayers1550

4 ай бұрын

@@vanguardiris3232 exactly

I used the snowball method for my 4 lowest debts. Then I moved my largest credit card debt to a 12 month no interest credit card, paid as much as I could, then moved to another 12 month no interest card. I'm almost done. When that is done, I'm planning to roll it into my car payment.

For years I struggled with outstanding debts, bills and my children's school fees. I was at a point where I wanted to give up when I came across KZread about how to make and multiply your income through passive income. Fortunately, I had saved some money and decided to start an investment (with the help of an investment advisor). Right now I'm sitting on a 440k worth of properties and have paid my debts in full

@skoopqueen

4 ай бұрын

I strongly recommend Regina Louise Collaro, a reputable US-based financial advisor and consultant. Through her collaboration with an international organization, she has provided invaluable guidance and support on my financial journey until I reach my goals. Choosing the right financial consultant is vital, akin to finding the ideal life partner, as both profoundly influence your life's direction. I am thankful to have found such an excellent financial consultant who has aided me in accomplishing my financial goals, spanning from education to nearing retirement.

@skoopqueen

4 ай бұрын

Alright, you can easily find her information by doing a quick 🔎 search. Feel free to reach out to her directly with any questions you may have...

@kisslinda3504

4 ай бұрын

This is a shocker to see Regina Louise Collaro mentioned here. I always had mixed feelings about hiring an investment advisor. For the record, I started working with Regina in 2019, and she manages about 70% of my investments while I manage the other 30%. My philosophy is that I care more about my own money than anyone else, but she made me accept that she has a wealth of information on current conditions and future trends.⚡

@sonlee8066

4 ай бұрын

I've wanted to start investing for a while. Yet, I've always considered it to be late, and I believe I should quit putting things off. I'll absolutely contact Regina Louise Collaro to ask her for advice. Much thanks, this was quite helpful to me.

Great video and explaining the snowball pay off. Thanks

I used the debt snowball in the past and it definitely works! What I need is help setting it up on a spreadsheet.

Subscribed!! Loved your video!! Thank you for making this educational and fun!

Loved this! You made it seem so much less scary! And the information was fantastic!

I love this video George! Thank you for making it interesting with humor

I’m here for the “Dadgum” energy.

here before the 100k subs! just thought this channel would boom the because the way you entertain and tackling things to us is amazing!

Thank you George ❤these are great videos

George's explanation on giving and his acknowledgement of the opposing side is pure masterpiece. I don't tithe, but I feel like I should.

Best financial youtube channel. Thank you

I really enjoyed your video on the Debt Snowball method. Your explanation was not only informative but also delivered with such enthusiasm that it kept me engaged throughout. One key takeaway I got from your video is the importance of the Debt Snowball method in providing quick wins to keep people motivated on their debt payoff journey. It's so true that we're not debt-paying robots, and having those early victories can make a huge difference in staying committed. It's about psychology and behavior, and you explained it brilliantly. Keep up the great work, George!

@user-bc8vt1kf6l

8 ай бұрын

Incredible content, my friend!

@KB-JD

7 ай бұрын

Great point ChatGPT

OMG, I just found you this week and I'm sad I didn't find you sooner. I've heard some of what saying before, but the way you present the topics is totally awesome. I love the jokes and joke attempts, they're hilarious. You motivate me . Thank you

Im glad i watched this because it explained a "set" amount each month when i was failing cause i had no "set"amount. Thanks 🎉

Great motivation ! Debt snowball is the best ❄️

Great video!

Thank you for mentioning tithing!🙏🏽😇

Great Information 😊

nice job. keep it up.

I thankfully never had credit card debt or student loans, but I have been attacking my truck debt since January this year, and I am over 50% paid since then. Cannot wait to make my last payment early in 2024.

Debt free - house and all as of March 2023. I love your videos George. My adult children listen to you more than they listen to me. 😂

Great advise, makes sense. I will do this before mine get more out of hand.

Good video George. My debt free date is December 31, 2023. I have just over $6k in consumer debt that I plan to pay off by the end of the year. I will then have a mortgage remaining as my only debt and I can hardly wait to get past step 3 so I can go after that mortgage. Thank you for you comment on tithing. I was adamant that I will continue to tithe and give no matter what. Got to honor God first! Thank you!

@gotagboa

10 ай бұрын

tithe on gross or net? thanks!

@officialdiomer

5 ай бұрын

@@gotagboa “Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.” - 2 Corinthians 9:7

Thank you... Very informative sir

Love your video

Hi from the UK ! Watching this video has made me determined to get out of debt! I hope to be out of debt within 6 months and with the help of the zero based budget this would be my goal

George, you crack me up!

Great explanation!

Wow, what an incredible video! No matter the circumstances, it's crucial for everyone to have a burning passion and a clear goal to strive for. Once you have that focus, making choices becomes effortless and enjoyable. Personally, I've witnessed a remarkable transformation in my financial journey. From an ordinary lifestyle to earning over $63k per month, it's truly astounding! By consistently compounding my income through various profitable investments like savings accounts, stocks, bonds, and high-yield dividend funds, I've built a well-diversified portfolio worth seven figures. Thanks to the guidance of financial professional Gregory Thomas Patchak, I've learned to concentrate my efforts and prepare for any financial struggles that come my way. The world of finance is full of opportunities, you just need to stay focused on the right path.

@MichealTanner141

10 ай бұрын

I completely agree with you! It's crucial to have various income sources and a diversified investment portfolio to ensure a secure financial future. By exploring different opportunities and making informed investment decisions, you can pave the way for long-term success. Keep up the great work.

@Seanmirrer

10 ай бұрын

That's truly remarkable! I would greatly appreciate if you could share some information about your financial advisor. I'm also interested in making positive changes to my finances this year, so any insights would be highly valuable to me.

@GaryWinstonBrown

10 ай бұрын

Run a web search for his entire name Gregory Thomas Patchak

@Seanmirrer

10 ай бұрын

Thank you for sharing, Your coach was simple to discover online. I unwillingly copied and pasted his complete name into my browser, and now his page is at the top! And I wrote to him. He appears knowledgeable based on his online resume,incredibly great and helpful, far above expectations

Another great McVideo!

I used the snowball method before even finding out about the Ramsey channels. I had 7 debts, I'm now down to 4 and next week, will be down to 2. The best part of the snowball method is that it gives you much more instant results and then gives motivation to keep going. Something I will say though, it would be easy to think you've got all the money in the world once you're debt free. Keep in mind that money is a tool, and you're still learning how to use it to your advantage.

Yes! No matter how much debt we've had, my husband and I have always tithed.❤

Hahaha🎉 I love your humor I was cracking up. So needed with such a stressful topic!

My scheduled date is Dec 1st this year and I'm getting really dang excited for it. 3.5 years to pay off 32k.

@freeestyleobsessed

10 ай бұрын

Let’s go! You got this!

@ColleenJoudrey

10 ай бұрын

@@siva47931 Thank you for doing the math.

Great video George!

i will be debt free by May 2024 😃. i cant wait

@SAreamusic1

27 күн бұрын

Did you do it?

We used this method and it worked! We just paid off our second car earlier!

I used the snowball method in 1998 using John Cummuta Debt to wealth system didnt even know dave Ramsey existed. No matter how you learn about the snowball method it works.

Hey George always great content from The Ramsey fam. Dave can you please present a video about free apps that can be used for youtube content creation. I know you are a financial guy but I think you great at video editing

Here's my question. We have worked the baby steps before and keep finding ourselves right back in the same spot. How do things like sinking funds fit into the Baby Steps? We get to a point where something like the car gets paid off but we are still paying on other debts. But, then, inevitably, the car dies (some mechanical failure), the furnace dies (due to old age) or something like that, that is not covered by insurance-which not only would wipe out our $1k emergency savings, but has definitely put us right back into debt before. So, how do sinking funds for "eventual emergencies" fit into the Baby Steps? Is that supposed to be part of the 3-6 months step? Love your videos and personality on screen! Keep up the good work!

I love that we have the same beliefs! 10% off the top then moving forward with the method!!!

I bought my second hand motorbike with money I already had in the bank, but I have had debt problems in the past. While I would favour the avalanche approach, the snowball is, as stated, better in human terms. I would also say that if someone has a 5000$ debt at 6% and a 6000$ debt at 15%, even if the snowball method tells you to go for the 5k first, go for the latter. It makes almost no difference and you’ll save a lot of time and money

TESLA logo on screen saver and Tesla hotwheels on my desk! Keep your goals in front of you

@johnnyg7899

Ай бұрын

So you plan on getting into more debt just to impress the girls who will take your money.

Good video, keep em coming

Thank you!

I was forced to start tackling my debts when my credit cards got closed but I still have to pay them off. It's made me live within my means and determined to pay extra

Thank you.