Dave should ABSOLUTELY make an app where he yells at people if they overspend in a budget category!!!

@rosamariameza801

4 жыл бұрын

Amen!

@mackdaddy4353

4 жыл бұрын

THIS IS INSANITY! YOU DONT GET TO SEE THE INSIDE OF A RESTAURANT UNLESS YOU WORK IN ONE!

@kenanlauder7424

4 жыл бұрын

It's called everydaverant

@dannyboy9254

4 жыл бұрын

dave since I been on a budget I dont see the inside of the restaurant for a long time. I go to drive thru now.

@jamiechang1561

4 жыл бұрын

Amen. They should have a Dave Ramsey bobblehead with his voice saying his phrases!!!

Budgeting saved my life! I constantly was saying “where did my money go?” And now I know where every cent goes

@urano4810

4 жыл бұрын

I go crazy if I lose track of even a penny. It usually ends in me backtracking through our statements until I find it. It's usually a typo when I enter expenses in our spreadsheet 🤦🏻‍♂️

Tell your money where to go instead of wondering where it went

@kelvinjavier4

5 жыл бұрын

izoneoutzi1 frickin epic

@danteburns7118

5 жыл бұрын

John Maxwell

@TokAlis11

4 жыл бұрын

Love this!!!

@sethwade

4 жыл бұрын

izoneoutzi1 THAT is good advice right there

@gardenofe12

3 жыл бұрын

So simple yet so hard for some people 🙄

Budgetting is all discipline. Without discipline every system will fail!

@RonJohn63

4 жыл бұрын

I kinda disagree. Budgeting is putting round pegs in round holes, and square pegs in square holes. What requires discipline is *deciding to sit down* and put the round pegs in round holes, and square pegs in square holes, and *stopping* when all the round holes are filled with round pegs and the square holes are filled with square pegs.

@JustBeingAwesome

4 жыл бұрын

But discipline is boring.... :-D

@MrZwartwit

4 жыл бұрын

80% behavior. 20% knowledge

@BestHKisDLM

3 жыл бұрын

Discipline equals freedom.

Budgeting, just like staying healthy, is a lifestyle choice more than anything.

Budgeting is hard. Especially if you've never budgeted anything before. But man... once you get the hang of it, it makes a huge difference when you're on the debt free journey.

@OriginalDisplayName

3 жыл бұрын

I’ve luckily never had debt before, but man I can’t imagine going back to a life where I’m not budgeting. I’d feel so nervous not knowing where my money is going.

@jamiechang1561

2 жыл бұрын

Agreed. Its a way to teach us how to self discipline with money

I've learned more from dave ramsey than my ENTIRE 12 years in school... 😎🙌🏽💯

@cohiba1982

5 жыл бұрын

Because school really isn’t for learning.

@RonJohn63

4 жыл бұрын

Budgeting is nothing more than #1 putting round pegs in round holes and square pegs in square holes (which you learned as a toddler), and #2 arithmetic and subtraction (which you learned in second grade).

@MrZwartwit

4 жыл бұрын

RonJohn63 still 1/3 of population does not do it for whatever reason. Its dumb do as it saves me 10% of my paycheck by directing money where it should go to. Instead of regretting later.

@RonJohn63

4 жыл бұрын

@@MrZwartwit *not doing* something you know (or can trivially figure out) how to do and *not knowing how* to do something are completely different Someone as smart as you should know that.

@delilah1377

4 жыл бұрын

honestly yeah, the school system needs to be changed. right now its the same system as it was in the early 1900s, built to make factory workers who follow expectations well.

OMG...food is so easy to overspend on! When you see it in writing...it's a wakeup call!

This simple principle of telling EVERY DOLLAR where to go before i started spending was life changing for me! Accounting for every dollar...thanks Dave. You have truly been a blessing in my life

Budgeting isn't hard. It's basic arithmetic. Living to it is the hard part. It's the part that involves compromise, saying no to unplanned entertainment, emotional pressure to spend.

@christopherrosas2738

4 жыл бұрын

This is why I set myself up with a need want list...... My basic rule is I can't get something on my want list until all my needs have been met..... Needs include food, transportation and maintenance and clothing when necessary...... There are a few other things as well, but that's how I operate..... If my needs aren't met, I can't get what I want...... I don't deny myself, but I get smart with my money to make sure I'm not going to be struggling...... Most of my friends don't understand this though..... Their thought process is I need this shiny new thing and I need it now, but then they're going without some of their basic needs

I’ve been budgeting for months and it has totally saved me financially. A lot of people budget monthly, but since I get paid weekly I always budget on a weekly basis, which is awesome because I can track my expenses and spending more often. I personally love budgeting with pen and paper. I’m not a big fan of apps honestly. I just love writing things down and making notes to myself.

@aubreysellssofl

Жыл бұрын

I like writing mine out as well

@notmebutyou8350

Жыл бұрын

👍🏻👍🏻👍🏻👍🏻👍🏻👍🏻

I have an alternative plan for people who think following a budget is "too restrictive". I call it a guilt based budget. Live like you normally would for a month, but whenever you spend money on something you write down the amount and what it was for. Then at the end of the month you go through the list of what you spent and categorize it, and if you went over your income for that month you have to explain to yourself why each purchase was necessary and worth going into debt for. Works even better if you do it with a spouse/partner and explain to them.

Did a budget for the first time this month. I was off on groceries and haircuts. Next month, I made the adjustment

I think understanding that you will be bad at it at first but that you will improve is important to understand and accept. Too often people do bad once and give up.

@cathyrowe594

4 жыл бұрын

Even those who are good at budgeting fall off the wagon occasionally. A splurge once in a while is ok as long as you get back on schedule afterwards.

I declared war on my debt. Just our mortgage left. Dave’s plan works. Start today. If I can do it so can you!!

I love budgeting :) My husband and I have a big budget committee meeting at the beginning of the month and then have a quick meeting (usually 5 minutes or so) every Sunday after that just to touch base. Then of course, I run numbers a few times per week because I’m obsessed 😂

@laurah6381

5 жыл бұрын

Anna Lesher oh gosh, me too! I'm constantly checking and re-checking my numbers!

@shanaythornton4718

5 жыл бұрын

Anna I do the same thing 🤦‍♀️🤦‍♀️ I'm obsessed with my budget.

@SoundCityNetworkTMMain

5 жыл бұрын

Obsession is one key to success

@AbidingHopeMentalHealthCoach

4 жыл бұрын

Me too! I obsess about the numbers a lot.

@lriver5766

4 жыл бұрын

Me too!

Hahaha I laughed out loud when he said you're going to spend more on food. This is the first month I'm on EveryDollar and I'm scratching my head because even with frugal shopping I was way off. Lolol I'll keep trying

@AbidingHopeMentalHealthCoach

4 жыл бұрын

Marlyn Santos After 10+ years of consistent budgeting, I can tell you to within $50 what I actually spend on food in a month. I sometimes go a few dollars over, sometimes a few under (a few = >$20), but roughly I hang out around $700 a month. But if I were able to increase that to $800, I’d spend $800. So basically I spend what I budget. I could probably save $100 if I shopped a bit more frugally, but why? We can afford $700 a month for 5. I should mention I get most of my produce at a produce store that has really good prices! I menu plan every week and shop to the menu. All this makes a difference.

Budgeting might not be complicated, but for some people getting control of their money IS that hard! For everybody that saw the light in January, stick with it! Feels great on the other side.

@blackworldtraveler3711

5 жыл бұрын

benwhitnell Don't see the big deal. My entire household budget is in my head. I keep things simple.

@JamConcerned

5 жыл бұрын

What kicks in is how their family spent their money. Which might be to spend it all, and then use the credit card when you don't have the funds.

@benwhitnell

5 жыл бұрын

BlackWorldTraveler well the data suggests that your anecdote is just an anecdote. I don’t see how some people can’t differentiate between personal experience and demographic data, but here we are all the same.

@blackworldtraveler3711

5 жыл бұрын

benwhitnell It's my own personal experiences that made me wealthy and retiring next year 15 years early not data. Don't even care about the data. Just keeping things simple and use common sense.

@benwhitnell

5 жыл бұрын

BlackWorldTraveler we’re all very impressed. Both the first and second statements stand.

Budgeting is SIMPLE! having the discipline to stick to a budget is the hard part. Some people aren't willing to sacrifice. They feel entitled to a new car, a $1k phone, a 4000 square foot house, etc. Ya can't fix stupid.

I started budgeting with my wife a few months ago and I liked the results (thank you free spreadsheet program). But we were still using the debit card for all purchases and felt like the money was still not being properly accounted for. Now we use cash and envelopes instead and it works a lot better. And for the first time in over a decade I am able to put money aside in savings. Too bad Dave isn't running for president, because maybe then the congressional budget would be balanced and America would be debt free in 6 months.

Go out of bounds and you hear Dave say “That was STUPID!!”

I love the navigation analogy. ***Rerouting***

This man has been a blessing to my finances. God bless you Dave!

I struggled to do a budget where every penny was set out as I felt it was too restrictive, instead, I tracked my spending for 3 months then gave myself a weekly budget the I knew was livable. With this system I can save 60% of my income but still feel can do what I enjoy, if I spend too much one week I just know I have to cut back the next.

@yamamancha

5 жыл бұрын

Pretty much the same thing I do. It's simple at it works.

@carojames6776

5 жыл бұрын

You have found a way to manage your finances that works for YOU and that's the most important thing. Keep it uo .

@sydney45

5 жыл бұрын

When we put together our budget and we KNEW we had all our essentials covered, we dumped the rest into a "gift fund" or "restaurants" as both of those are extras and not necessities.

No ,you just have to be disciplined and stick to your game plan !

My budget for 2019. My monthly income is 2,300. $750 is left aside for rent, insurance, groceries, taxes (which is next to zero), and car gas and repairs saving. $550 into emergency funds (which is hold in a 2+% saving account). $900 dollars into Roth IRA account. $100 is for me to make free choices. I'm trying to save that up so I could get a bike.

@Mi4mi_joe

5 жыл бұрын

Tien Doan $750 is divided into rent, insurance, groceries and gas? How much is your monthly rent? That’s crazy !

@ambition1911

5 жыл бұрын

Tien Doan what’s your food allowance?

@mizzmiami3242

4 жыл бұрын

Joey Alvarez probably lives with family 🤔

@davidbishopputnam6750

2 жыл бұрын

It’s not allowed to invest more than $6000 a year or $500/month in a Roth. How are you investing $900 a month?

I am 87 years old and I have always had a budget. Today I have 15000 in the bank and 14000 in savings and no debt

Dave Ramsey GPS: "In $450, make a student loan payment!"

@catherine380

5 жыл бұрын

Kyle's Big Pig ha! 👍

@richardsanchez9190

4 жыл бұрын

Hahaha niceee. That's so appropriate.

Plan your work and work your plan.

I love my every dollar app!! I found it to be fun to enter info and really see what I am doing! My husband and I race to see who enter what and hold each other accountable!! We look at money differently now!!

Dave Ramsey audio: stop spending too much money stupid! 😂

I love your advice.

I wrote weight loss goals down and now I’m excited to write down savings goals and a budget. Thank you for the motivation!

It’s sometimes difficult to stick to it but not impossible.

I need to be added to that data point. I was able to get my family out of debit completely by myself! That might explain why I am divorced now. My exwife completely refused to even discuss it and it always resulted in an argument. Even after counseling, nothing helped. You can't help those that do not recognize they have a problem.Well, you already know how that ended. I will dedicate the rest of my days to making sure my daughter learns about financial responsibility so she doesn't follow in her mother's footsteps.

@1redrubberball

4 жыл бұрын

I had one of those and she's been gone 8 years. I don't miss being married and never want another. I'm less than 60 days from debt freedom and it's a wonderful feeling! I can survive just fine on $1000 mo, which is 28% of my net retirement income. She's on her 4th marriage now and I'd bet money that they don't have two coins to rub together!

I don’t have any written or budget applications. I simply set a weekly amount to reserve. In addition, I either stash or invest all windfalls such as bonuses, and tax returns. 🏛📊

+1 for Dave yelling at me through the Every Dollar app when I overspend my budget in the next update.

Your app is amazing, i preach and recommend it to friends all the time. I used to keep a rinky dink excel spreadsheet and still saved, but your app is much more helpful, especially with preplanning, category breakdowns, and creating funds.

I need to rework my budget also. But this time, I am also going to print out a monthly calendar so I know what I am spending on each day. And if something comes up and its not on the calendar for that day, its an easy "no".

When will the Every dollar app be available outside Canada/US?

It’s really that hard for people who haven’t truly decided they want their financial lives to be better

What a great mentor/teacher! Thank you Dave!

I don't make enough for the budget I need haha.

So funny! I was editing my food spend on my spreadsheet as you mentioned over estimating this area! Working towards saving 50% of my net income... made it to 43.4% so far! Thanks for the advice mate! Hi from the UK.

With all the tools, software, etc available today there really is no excuse for not keeping a budget. There are tools like Mint which does a decent job of tracking your spending.

Have to be consistent!!! Stop making excuses!! Stop being in denial!!! Say NO to anybody who asks for money. Say NO to everything that is not in your list

@1redrubberball

4 жыл бұрын

The majority of folks can't say "No" to themselves!

Family is skinny and hungry 😂 Well maybe that's the key to weightloss! Lol

@promise7407

4 жыл бұрын

Val 😂😂😂🤣

You are amazing man! Thank you so much for sharing! 🤘🔥❤

LoL, I want Dave to yell at me on EveryDollar haha.

We live in a reactive society instead of proactive. Budgeting is being proactive and working your money BEFORE you get into trouble (debt!)

I love the envelope system. I feel so free and sooo much less stress when I budget and use the envelope system. I know exactly how much I can spend and I'm in control. I love it.

I love the "Turn around" audio idea.... but change it to "Rebudgeting" instead of "Recalculating"... LOL

‘It forces you to live on purpose’ love that....

The Dave Ramsey audio guidance on the app!!! Yassss!🤣

I wonder when there will be an EveryCurrency app for those who live outside the US.

@evas433

5 жыл бұрын

There are so many similar apps to use. I've been using Money Manager and I love it.

@ChooseU4ever

5 жыл бұрын

Robson Botelho Dave’s app has different currencies. I’m in South Africa, I use it.

@murielmushariwa4051

4 жыл бұрын

@@ChooseU4ever Does it mean we need to save R14 000 in emergency fund in South Africa

@ChooseU4ever

4 жыл бұрын

@@murielmushariwa4051 Hi Muriel I don't do the conversion. I saved R10k for my baby step 1. Then for a fully-funded emergency fund, I saved 8 months of my monthly expenses

At 3:58 I love the idea. I could hear Dave now. I should just imagine it when I go over budget in a category. Lol

it takes many months to get the budget down...but once you do it feels good

My fiancee and I made our budget, listed our debts, and with today's paycheck are beginning our debt snowball. I paid off my phone and she paid off a medical bill. We're going to do this! 💪🏼

Yes to Dave’s voice on every dollar 🙌🏻😆 “THAT’S STUPID!!”

Best thing I’ve EVER done and I actually enjoy doing it

Budgeting and sticking with it. I can write it out all I want and that's good record keeping but staying with in the boundaries of it is even harder because it must be put into practice.

How come we can’t get the every dollar app in the U.K.

@tiffanyantopolski2888

4 жыл бұрын

Or Canada?

@MikeMike-yc8gg

4 жыл бұрын

Because you're not f*cking Americans DEAL WITH IT . Lol JK

@1redrubberball

4 жыл бұрын

@@MikeMike-yc8gg Why does a person need an "app"? Pencil and paper works just as well!

I wouldn’t mind hearing your voice on my shoulder telling me not to buy that haha

I budget on a monthly basis. Just a Word document with the name/date/amount of each expense and, after paying it, I highlight the row in green to know it's been handled for the time being. When I look at that column of text and it glows green back at me, I definitely get a little endorphin buzz 😎

Thanks Dave! I know some people are against you or anti budgeting. I use to not budget and wonder where my money went and get fees then I took your advice a month ago and tried it. Now after I tried it now I'm less worried about money and stashing hundreds of cash into my savings instead of a small $15/week and getting bossy with my money and showing it who's boss. Now I can't wait until the next budgeting meeting to see how much I can save or have available for things that I might need and know if I could or couldn't afford.

Is there a UK version available? Your app isn't available in the UK.

By golly, he's right about the food. I've been tracking my spending for years now and I still remember the total shock about my grocery spending..if you pay with cards, you really have no idea, trust me!

@drunclecookie216

5 жыл бұрын

I've paid for groceries with credit cards for 20 years now and it's not that hard to keep track. I have a monthly spreadsheet that I use to keep track of all expenses bills, gasoline, groceries, and I enter in the amounts every time I spend any money on any of them. last year our average monthly grocery expenses came out to be $740 a month. Last month we spent $591.17 on groceries. Plus with my card I get 2% cash back on groceries and 3% cash back on gasoline. every two years I get a free month of gas and groceries from my points

@flowergrowersmith449

5 жыл бұрын

Can't argue with that Ryan! I guess Dave would say that you're still "playing with snakes". The temptations with credit cards (to purchase stuff and not pay the balance in time) are for many people just not worth the points or convenience, is what I think he means.

@drunclecookie216

5 жыл бұрын

@@flowergrowersmith449 yeah, my mind works completely different from most people. Being a civil engineer my mind has a very mathematical approach to everything. Whenever I have cash in hand I consider that money already out of the bank and it's not going back in, so I will blow it much faster. When I use a credit card I consider that purchase as building up a monthly bill that I have to pay so I'm less likely to spend because that money isn't "gone" yet, but I have to pay for it. The numbers on a computer screen for my bank account have a bigger impact on me then a piece of green paper in my hand.

Budgeting can be hard but I help other teachers on small incomes live a fulfilling life.

I find that when I help people budget it takes roughly 3 months to get it right. It's a complete change for most people and many people dont know what they spend.

When he said I was wrong about my grocery budget 😭 I feel attacked lol

@MrsTediCole

5 жыл бұрын

ANTOINETTE ELEAN same 😂

@NeoMoses

4 жыл бұрын

It’s because your not used to being told what’s right from wrong

Mine is very low maintenance, my money goes in my account, I have other accounts for emergency, saving, bills etc which auto transactions occur. So I have a set amount each week for groceries etc. At the end of the month i check over all my spending and look at the comparison of the my budgeted spend vs actual spend for that previous month

I feel enlightened now that I know what a map is

I started your plan 15 years ago with the CD's and book. If you stick with it you will have enough money to invest in reality or whatever 😎

So true with the budget for food. I was in shock how much we were spending on groceries each month and fast food!!!

Dave cracks me up!

Question on my state 529 plans. I have 2 529 plans for my 2 kids. My oldest child's 529 plan has been active for 4 years and I see it has an annual return of 3.9%. My younger child's 529 plan has been active for 3 years and has an annual return of 2.07%. Should I make changes? Or are these plans still young enough to just let it ride? I'm split evenly between funds allocated towards aggressive, moderate, and conservative portfolios.

It’s good to know that the budget is not supposed to be set on stone 🥴 that’s why I never did a budget before -it never worked out as written . Ive been budgeting for 1 1/2 months and I have to readjust my budget daily but I’m letting myself reap the consequences of not sticking to my budget instead of getting a lifeline from the credit card. The thing I’m doing wrong is not having a detailed documentation of where I ultimately spend each dollar after shifting the budget around. I will start doing that going forward to arrive at a better prediction of how much money to allocate to each category in the future= less reworking of the budget

I have been keeping a budget for over 10+ years and it’s the BEST thing ever. I don’t do the Dave Ramsey way by assigning every dollar to a place. I do the opposite whereas every dollar I spend I write it down or in my case I have a spending app that I enter into. Same thing but a variation of the Dave Ramsey method. At the end of the day I know where my MONEY 💰 EVERY MONTH !!!

Hey Dave, I live in the UK, the everydollar app and website aren’t available here, is there anything you can do to expand coverage so that your neighbours here can benefit also please? Thanks for all your advice, you’re helping me adjust

I will be starting budgeting from september 2019 onwards. Have been listening to your awesome materials for a few month now. I have always been a saver, and manage to save roughly 20% of my take home.income Hopefully, witj budgeting, i can push up.that amount to 30% and put thr extra 10% into retirement saving. Thank you for this awesome videos Dave.

I've kept a monthly budget spreadsheet for 30 years but only recently have started weaning myself off using a credit card for day to day spending. This has really ramped up my self awareness of where my money is going

Without a budget, even spending one dollar is stressful! I went to Denver and spent $300. I came back feeling like a failure. I am documenting my journey out of debt on my KZread channel and that's part of the process, learning how to budget!

Are you going to make the Every Dollar app available in Australia?

What if you don’t know how much you’re going to make each... I’ve yet to hear this addressed. Please some advice!

Budget committee meetings, haha love it.

We don’t even use pay phones or yellow books anymore to find these places we just use are conviently handy smartphones

Can someone answer a question for me that I've been running into on our budget? If you have job expenses that you get reimbursed for, how do you factor that into the budget? For instance, if my husband spends $30 on gas but gets reimbursed 4 days later, how do we record that? Do we simply take it out of the regular gas budget as an expense, and then add it back to the budget as money earned? This is confusing to me.

When simple addition and subtraction is too difficult...

Food is the biggest in my house! Plus coupons for paper n plastic, i have that app so now i know it is from you👏

Dave Ramsey for president! Campaign slogan: "Deficits are Stupid. Get America Out of Debt!"

Dave is the BEST!

I was about to buy lunch lol ate some leftovers instead

Omg I want that Dave sound byte talking to me when I overspend

Good insight! I've actually just posted a video on budgeting to my channel yesterday

🤣 your laugh though HaHaHA, I’m on light duty and my budget is air TIGHT best part my 12 year old understands 👏🏽and honestly I’m loving it but I’m Not🥴 I like it because of discipline

Please release your App on the Australian Apple App store 🙏🏻

I think the one part that I got super lucky with was that my food/eating budget was enough. It took some time to go through my transactions to figure it out, but I think that's why it was more accurate. I haven't had to adjust it since I made it. I assign $860 a month to groceries, eating out, taking a cab/uber/lyft, buying little expenditures, and buying clothes. That's a little less than 20% of my take home pay. What's been great about this budget is that I don't feel restricted at all, and often times I spend less than the full amount ($430 per 2 week pay period) and end up putting whatever remains into savings. This has allowed me to feel like I'm not held down by my budget, but to also add more to savings/paying debt and to gamify each week to try to squeeze a bit more out of my bi-weekly budget to put into my high score savings account.

You were spot on on the food bill.

Great content...

I started drinking water only, I'm quiting fast food, soda, chips, too much chocolate. I'm done. I finally faced the music, (my monthly spending habits), and it shocked me to my core. Goalwise, I only feel the need to purchase a vehicle and a house. After that, I hope to continue to live the way I really want to.