Rating the Most Predatory Financial Products
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Are we the world’s biggest basketball fans? Not exactly. But we’re always game for a friendly bracket competition! Join Rachel and George for a special round of March MONEY Madness as they debate some of the worst financial products in the world.
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Today’s Happy Hour Special
🍸 Grapefruit Jalapeño Mocktail
Recipe: Allianna's Kitchen Grapefruit Mocktail www.alliannaskitchen.com/grap...
Ingredients:
• 1 cup grapefruit juice
• 1 cup club soda
• 1/2 small jalapeño
• 1 teaspoon lime juice
• Ice
Instructions: Mix grapefruit juice, lime juice and club soda in a glass. Add ice. Garnish with 2-5 jalapeño slices, stir and serve.
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Пікірлер: 255
Can’t believe Timeshares didn’t make the bracket. Seems like Ramsey went through a phase of harping on this issue.
I’m glad you finally gave the Producers chair their own camera shot. They are always part of the conversation but only was included in a wide shot of the set. Looking forward to seeing this show live in May.
You guys missed reverse mortgages!!!
@chad1755
3 ай бұрын
Yeah... those are WAY more predatory than HELOCs or ARMs.
@mathematician1234
3 ай бұрын
In my area, use of reverse mortgages has increased 30+% since 2020. I think that is because older folks are struggling with inflationary pressures and insufficient Social Security payments. It's an awful shame.
George was right with the Huskies question. They are also UW Huskies in Washington.
@OopThereItIs77777
3 ай бұрын
Those aren’t the ones us NCAA fans would reference though lol
@chuckgamble5696
3 ай бұрын
@@OopThereItIs77777 Maybe not basketball but they were just in the championship game in football.
@graydonstewart2529
3 ай бұрын
was gonna comment the same thing haha
@lynnwilliams3874
3 ай бұрын
…and the Cougars are Washington State. Go, Huskies! 💜💛
@jeremyorwhatever
3 ай бұрын
@@lynnwilliams3874and BYU. I thought they’d say BYU because Ramsey Solutions is super religious (like BYU).
I’m 100 percent in agreement with George about the sneaker squeaking in basketball being awful.
Payday loan for sure. It’s like living paycheck to paycheck with paychecks you haven’t even received. With 300 percent interest.
@ganymedehedgehog371
3 ай бұрын
Yeah and the cherry on top is that there’s no rationalization a lender can make. It’s a product designed to put and keep poor people in a debt spiral.
@Razdasoldier
3 ай бұрын
Agreed. It is like the Lottery. Designed to bleed the poor
I'm surprised time share isn't on here.
@CHSwildcats19
3 ай бұрын
YES - those are way more predatory than crypto and almost impossible to escape, trapping couples (and their money) for decades
I love it when Rachel said we’re BFFs. Lol so cute. It’s like watching a brother and sister bickering then getting ❤
@Likatu2440
3 ай бұрын
Getting along *
@amreennasimthompson6564
3 ай бұрын
P
@amreennasimthompson6564
3 ай бұрын
9 1:06
George at the end is hilarious! Satchel had me laughing so hard 😂
I’m obsessed with them NOT KNOWING ANYTHING about college mascots😂 That was hilarious!
I would love this type of segment with Dave.
best dave advice from years ago ''if you don't want to get bit, don't step over the snake.'' THERE IS NO SUCH THING AS A PREDATORY FINANCIAL PRODUCT. ''no one has a gun to your head, it's all choice.''
Car lease vs. crypto was the "I don't own anything but I feel like I do" matchup
@daltonbrasier5491
2 ай бұрын
To be fair, crypto is a product that you buy and physically own.
@emoney1231
2 ай бұрын
@@daltonbrasier5491No... You digitally own it, but you don't physically own anything.
I’ve done a HELOC to get a very bad roof replaced with a new one. I paid it off. I’m glad it was there.
I’ve seen people charge their student tuition on a credit card, which is significantly worse than taking out student loans.
Always a treat! My favorite part about Thursdays. Some of those match ups were tough! I lost it with the satchel 😂
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation
@quantarrow
3 ай бұрын
People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
@BigNate82
3 ай бұрын
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
@ClaudiuDenis-hp4pf
3 ай бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian.
@whitefearlytales
3 ай бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@Davidonchik-fv5ke
3 ай бұрын
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Love this show. Always a laugh. Thank you guys.
Thank you for making me laugh so hard that I had tears in my eyes...George and his satchel...You two are the best! I am always learning something from you guys and you make the time so enjoyable...Thank you for sharing yourselves with us!!! ❣🐪
Loved this episode! So fun and informative!😊
Haha. My mom never let the rest of us watch basketball because of the squeaking.
I love you two. I laugh and learn so much. Thanks for giving me something fun to look forward to on Thursday.
I enjoy watching you two so much! 😂 thank you for keeping it light!
This is my favorite SMHH episode so far ❤
Love this show!! Rachel and George are so fun to listen to! ❤
I subscribed here and on Spotify. Rachel and George, thank you for making “money talk” so much fun. I have enjoyed listening to your channel. You both are a hoot. 😊
Keep it up, BFFs!!!! Fantastic team. Thanks for educating and entertaining me, every single time. BEST!!
This is my favorite podcast! I love you both so much! Informative, but always entertaining!
My mind went straight to the movie "Hitch" when George talk about 70/30 for the opening cheers.
Such a great episode
The roast on Tennessee NCAA was absolutely perfect. I also said the same thing in my head 😂😂😂
This episode was so fun! I laughed a ton. Thanks for the content!!
Awesome episode! Hilarious!
This was by far my FAVORITE episode so far, absolutely hilarious and entertaining. Love you guys!!
Pickleball uses a paddle not a racquet!
This has been such a great episode!!! Love the laughter!!!😂. With great content!! You 2 are a great team!! 😂❤
In my opinion, this was there best episode so far!!! Lots of learning & laughter!!!
You too are hilarious! Love this episode!!!
Excellent money advice. Y’all take financial talk and make it fun!!! How is this now the #1 podcast??!!!
I love Georges boots, either Sharon Ramsey hand down, or ladies Boutique thriftstore.
@ashleypiper2558
3 ай бұрын
😂
Y’all are hilarious! I listen while I clean on Fridays - makes it almost fun. 😉 😂
You two are so funny! I love watching you guys together.
George and the satchel story was hilarious.
can we get a schedule of when you two host the Ramsey show together? Only days ill watch. Yall are hilarious!
The laughs from the crew get me every time! 🤣
Gotta say.. I miss producer Lindsey!
@Jeportwood5
3 ай бұрын
Where did she go? i'v been wondering
@christylee6790
3 ай бұрын
I came to the comments to see if anyone said anything. I like Skylar too but Lindsey was gone with no real explanation
@Jeportwood5
3 ай бұрын
@@christylee6790 Unfortunately Ramsey solutions have a track record of just getting rid of people and not saying a word about it haha. so i'm wondering if she was fired. Usually if they leave on their own they usually say goodbye.
@elbafigueroa315
3 ай бұрын
I've been wondering where she went!!
@melissarivas2483
3 ай бұрын
Same !!
Loved this episode!! Hilarious!!😂
33:31 George slammin’ PAWGS 😂 I call bs lol
This was so fun and educational 🏀💸🤓
Producer Skylar went to Purdue?! Boiler Up!
Love love !!!!❤❤❤❤
I think I hear Lindsey in the background laughing during the show. I miss her too. Sklar is doing a great job too. (The show was probably recorded before Princess Kate's announcement today. So sad. I pray for a speedy recovery.)
You guys are the best pairing 😂❤
I was part of the 90’s Big Bangs trend!!! LOL! My BFF and I would try to get our bangs as high as we possibly could!
You two are so fun! 😂
Wow, didn’t know the bracket odds. the janitor at the Catholic school I used to teach at always won every year. And the pot was pretty significant 😊
Still waiting for Lindsey to come back!!! 😂
@livingtheleaf360
3 ай бұрын
where'd she go?
@Jeportwood5
3 ай бұрын
Yea where did she go? i'v been wondering
Go Rams! University of Mobile alum here also! George, we did have a futbol team aka soccer team.
enjoyed this episode and I did rewind a couple of times some segments just to laugh LOL
I so agree with the squeaking!
Had a 7 year ARM and paid it off in 8 years. It's not always a dumb idea.
I had to research payday loans and I was shocked.
U of Washington HUSKIES, Washington State U are the Cougars. Please don't ignore the west coast! 😂
@anhta31
3 ай бұрын
Yes but we dont play basketball in March lol
I/m surprised no one mentioned that Student Loan are *not* dischargeable in bankruptcy. In my view, tht's the biggest factor in mking them predatory. You're stuck with them for life!
I love that Skyler is wearing a Yankees hat for a college basketball bracket! Go Yankees!
Oh man. I loved the JNCO phase. The pockets could carry almost anything.
Obsessed with your Smart Money Hour 😂
I like this show. I really enjoy watching it.
What happened to producer Lindsey?
Peter Pan 😂 chapstick 🤣 I love your show! Learn a lot while laughing out loud!
WAIT!!! George.... University of Mobile as in Mobile, Alabama?! I went to University of South Alabama before I moved up north and we didn't have a football team either but they do now. 😂
“Where do they boil things?” 😂
Ive had internet since I was born. When I read about the history of it, and read about how majority of people didn't think it would catch on, didnt understand it, and didnt see the point of it, it really explains how the majority dont understand tokenization/crypto/blockchain. Fascinating to see it playing out in real time.
good one
People use helocs for vacation and to pay their credit cards. I'm with George on that one.
Hey George…where’s your varsity jacket from? Just wondering in case I too want to appear more athletic 😂
Ain’t no way Rachel dissing the entire sport of basketball. George w/ the Tennessee diss 😎😎 legendary.
They should have had partial credit for Washington
Rachael the lipstick looks great !!!
George’s reaction to Rachel’s embarrassment at her lack of passion for conspiracy theories. Oh, my, word. 😂 and without missing a beat: “Stanley Cups!” 😭 😂
Excuse my language, but Skylar is fiiiiiiiiiiine as hell!!!! 😍 Good Lord!!!!!! Keep up the good work George and Rachel! Tell Skylar I say Waddddduupppp 😭👋🏾😘😂
I have always LOVED how people say “renting is wasting money” & own a house but they LEASE a car. You’re doing the exact same thing 😂😂 except even worse because there’s no offloading or anything
I just realized that I'm a George with my friends lol So much fun with this podcastttt
Washington is also the Huskies
Hey guys where’s Lindsey? Is she still with Ramsey? Love the show!
I love this show. I listen to the podcast in the morning and have to watch the show in the evening. It’s too funny not to see the reactions.
WHERE IS LINDSEY? THE PEOPLE WANT TO KNOW!!! IS SHE COMING BACK???
Nice jacket George!
I'm in a Whole Life situation (and kinda regretting it) and would love to see how it would have done against some of the other competitors. I'm thinking about "cashing out" (losing money at this point, as I'm only 3 years in), but haven't fully made that decision at this point.
George was right with Washington being the Huskies and also Washington State is also the Cougars
I particularly enjoyed this episode. I liked that you took a bunch of concepts and compared them with each other thoughtfully. Sitting at home, I had to think about the comparisons too. I would love to see you do the same for other things. I think it is a very powerful approach. Could you do the same for investing, for example? Real estate versus REITS, individual stocks versus mutual funds, mutual funds versus ETFs, stocks versus bonds, financial investments versus gold/silver, classic cars versus paintings, cans of beans versus bags of rice (just kidding), etc.
This was hilarious!
🚂 Boiler Up!
It's the squeaking for me...I literally died LMAO
I have sensory issues and hate the sound of the squeaking shoes on the basketball court. It makes me get anxious, my neck gets tense, and I feel very uncomfortable from the sound.
George is a trendsetter with the satchel 😎
Also, they’re wrong on student loans vs credit cards. Credit cards charge 22% student loans charge 4%. Even if there’s 0 ROI on the degree the interest rate makes it a no brainer
@Peter-kt2gb
3 ай бұрын
Yeah, but they give $100000+ student loans to 18 year olds. And you can't default on them and have them drop off your record. For those reasons alone student loans win.
Appreciate the humor in these videos, keep them coming! What happened to Lindsay?
I can’t believe this channel only has 50ish subs… This is so entertaining!! Rachel and George are my happy hour. (Maybe that says more about my sad life than their entertainment and maybe that explains the low sub count :-/ Sorry guys.
As someone that has grown up in Raleigh nc, you committed a cardinal sin by confusing the duke blue devils and the unc Tar Heels. They are hard core rivals. No judgment here, only North Carolina team I pull for is the Carolina hurricanes