George i agree with MOST of your takeaways and advice except for the multiple accounts for married folks. My husband and i have used this strategy. One shared account for bills, another foir saving goals and emergency fund, and we each have our own checking. My husband is not a personal finance nerd like. Its just makes our marriage better and peaceful, we dont argue about money this way

@iliaconrad219

Ай бұрын

I’m with you here. We also have the joint accounts for our income and family spending. The separate accounts are our “allowance” accounts for pocket money and the odd birthday check from our moms.

@tracyaf6084

8 күн бұрын

The only reason people need fully combined finances is if there is a significant difference in incomes (like one partner works and one is home), or if you don’t trust your spouse to manage money the same way you do. My husband and I make similar income. We have a joint account and both have separate accounts too. We dont fight about money. We’re every day millionaires and just working on paying down the mortgage.

@taylord1558

4 күн бұрын

How can you buy your hubby a present if he sees it on the card too 😅

I was unloading my dryer and when you said “shout-out to my man Methuselah!” I actually busted out laughing. 😂 love the humor!

Separate accounts are wonderful that way if one person has a spending problem it is seen.. when the spending problem effects the spenders account it can be dealt with without risking other savings and living money.

I love George’s videos. Clever and informative. My favorite Ramsey personality 💯

“Shout out to my man Methuselah. Heck of a run” 😅😅😅😅😅

George is a breath of fresh air!

Joint accounts scare the crap out of me. My parents went joint and when they divorced (infidelity. Joint doesn’t prevent infidelity), it didn’t go final until 6 years later. They were fighting tooth and nail over the joint assets and joint accounts. Terrifying to think of following that by mingling my finances that much.

@GeorgeKamel

Жыл бұрын

Sorry to hear about their situation. Truthfully, separate accounts doesn’t prevent the asset mess. The court will see those accounts as community property in a divorce.

@hanswhite

Жыл бұрын

Don't get married! You can be committed to someone without getting the government involved. The new marriage success rate is abysmal. I'm not going to bet a significant portion of my finances on the flip of a coin.

@desiv1170

10 ай бұрын

@@GeorgeKamel Exactly. When you are married, all accounts ARE joint accounts... (In some states, you don't even have to be married if you have been together long enough) And I never understood the "she doesn't have to ask you to spend money and you don't have to ask her" argument... My wife doesn't ask me if she wants to buy something using our joint account. I don't ask her. That said, all of this is "our money" so we obviously will talk about the big items... Together...

@missmegan3694

9 ай бұрын

Yeah, don’t get married and reap none of the rewards that are possible from a long-term, loving relationship and family. Die miserable and alone, without posterity. Great advice. Sorry, as someone who got it wrong the first time (my husband cheated on me), I am now married to the love of my life, for the rest of my life. A great marriage is worth the risk.

@Techpower888

2 ай бұрын

​@@desiv1170 This 100%. A relationship with separate accounts and zero transparency is not a relationship I want to be in, and where I live, after 2 years you're considered to be in a de facto relationship anyway. And yep, our marrige is built on trust, we just discuss the bigger ticket items together. It's really not that hard if you are able to communicate with each other.

Steve gives worldly advice, and that results in a worldly outcome. George said it best, Steve is not a financial advisor.

@PaigeRoelse

Жыл бұрын

Spot on!!! 👏🏼

@scarpfish

Жыл бұрын

True, but for that matter no one at Ramsey is either.

@MC-pe4cn

10 ай бұрын

What is worldly advice? WTF?

@MeakH1

3 ай бұрын

​@@MC-pe4cnAdvice that is comforming to this world. Not advice based on what the Bible teaches.

@MC-pe4cn

3 ай бұрын

@@MeakH1 so slavery is comforting advice? Exodus 21

George is absolutely hilarious.. Very entertaining, great work making these videos!

Please George, don't leave me hanging‼️ I remember when you all played that Family Feud clip on the Ramsey Show. Dave said y'all were going to try and find that guy and get him hooked up into FPU. Were you successful in finding him? I felt so bad for that guy.

My wife and I actually do the 4 bank account method. The separate accounts are very small and part of our monthly budget. Like about 100 bucks a month going in small. This is how I buy surprise anniversary gifts with out her knowing. Hence the word surprise. Also serves as a back up debit card in case our main joint account card gets compromised, which we are currently dealing with.

@tamebunny6389

Жыл бұрын

So money isn't the root of all marital problems it's how you two choose to use the money 😮

@carlaritchie331

Жыл бұрын

Good surprises can be fun but separate accounts are how some people find out about hidden extramarital affairs and addictions for which the 'private $$$' is being used. When there's no communication and transparency the trust factor can become an issue.

@itchyisvegeta

Жыл бұрын

@@carlaritchie331 How the heck would i have an affair for 100 bucks a month or less, that would risk jeopardizing my marriage? That must be one ugly skank home wrecker.

@moneymakingsim4314

Жыл бұрын

@@carlaritchie331SMALL ACCOUNTS GENIUS!! Furthermore, why are you goofies worried about “affairs”?!? You CANNOT control if you spouse cheats!! It’s on them! I could care less how much money you have!! A cheater is a cheater! 4 accounts works for some of us that aren’t insecure and trust our spouses..

The Methuselah joke 😂

George you are CRUSHING IT!

Not telling your spouse what you're doing with your money in a separate account...what could possibly go wrong?!!!?

@10RRASK

Жыл бұрын

Exactly, why should your spouse know how much you’re spending on your affair!?

@punkbassandcovers

Жыл бұрын

​​@@10RRASKwith Steve's recommendation financial infidelity isn't the only sort of infidelity that's possibly going on....

@melvinbarnes6652

Жыл бұрын

My plan, we have the same 4 accounts Steve mentioned. Our paychecks are deposited into the central account. From there we each deposit our spending allowance and investment funds into the applicable accounts. We both have full access and control to ALL accounts and once a month we meet to balance and review the central account. For me, it just makes life a little bit easier. It's already a pain to track groceries, light bills, phone bills etc. I don't want to be bothered with tracking how much my wife spent on a pair of pants. Besides, as long as communication is happening what's the difference whether it's a separate account or a line item in the budget?

@punkbassandcovers

Жыл бұрын

It's not the four accounts that is concerning. Sure put the set aside budgeted spending money into a separate spending account if that's your thing. It's where Steve at 1:35 ish literally says do whatever you want and don't even check what your spouse is doing with the money. As George said, it's the lack of visibility of where the money is going. Communicating with your spouse on these things (such as money) is a must.

@kaycon4823

Жыл бұрын

@@punkbassandcovers So would you give your spouse $100 gift and then insist that they report exactly how to you exactly how spend that money or would you saying I am giving this money, spend it how you like? This is basically the same thing. It is not like they did not have a joint account and decided together how to spend that money BEFORE allocating money to the separate account. I do believe that couples should be able to access all accounts, but this is micro-managing and controlling. As far as financial infidelity or cheating, that is a character flaw. A person who cheats will find a way even without separate account. At one time I had my check go split so it went into two separate banks. I was not married, but if a person wanted to cheat this is a way to have a certain amount go into the main account in the first place. I am sure there are other ways to cheat if a person has that character.

Awesome advice 👏 👍I Managed to pay off my $300,000 mortgage. And fully paid off my vehicles before turning 40... now at 41 I wish finding a spouse was easier 😅

Man. You are crushing!!! I’ve tracked your videos from Ramsey to cooperation with Graham Stephan.. and now you have your own channel. You will grow insanely fast! And I’m really proud that you have such awesome production behind with such fast delivery!! Videos motivated to become financially independent and spiritually closer to the scripture! P.S. Having 13 credit cards and 800+ FICO I’m considering to try living life without them.. even though I was playing the game pretty well - financial independence that what lights me on!

5:40 😂 we need to get dude dad on some Ramsey shows

George you are informative and fun 😂 This was a great video, I watched this episode with Steve and lots of red flags. He’s a funny guy and I listen but stay skeptical. More videos !!!!!! Plz❤

George keep doing your thing man. I’m loving the videos and the channel.

You're doing great, George! Keep at it and you'll grow in subscribers very quickly.

i may not agree with 4 bank accounts- however i do believe each partner should have their own money

Great content 👊🏽 for us regular people 😅. Giving the youth something to look up to and forward to 💝.

Your videos never disappoint!! Epic!

Mowing 100,000 lawns is definitely the best way to become a millionaire 😂

George’s I’m 32 and my parents preach Dave and I only started because I saw you and graham and then started FPU the next day😂

@GeorgeKamel

Жыл бұрын

Man that’s awesome to hear!!!

Hey Steve Harvey you’re wrong on debt. “Debt is dumb, cash is king, and the paid off home mortgage takes the place of the BMW as the status symbol of choice!”- Dave Ramsey. SO GLAD I LISTENED TO DAVE RAMSEY! Now I have my greatest wealth building tool, which is my income, working for me!! It is incredible how well I sleep at night with financial freedom!!❤

I never realized how funny George was lol...he even got me to like the video in the beginning

Dude Dad showed up! You really need to connect with Taylor Calmus, aka Dude Dad. He is a great guy!

Love George's face in the clip of the $10 🤣🤣🤣🤣

Great job finding all these video clips to insert in all your videos! Comic relief is very attractive when discussing finances.

@joeriveracomedy

Жыл бұрын

The A.I. does it these days. Other vids use the same clips & memes.

You know George ain’t evaahhh gonnna stop making these videos! Let’s go King George!

George, you are killin it!!!

Well said George! Well said.

Dude Dad clip on point, while Steve talking Methusela Millions 😂

Never watched one of George's videos before. He really is funny! Looking forward to him and Jade carrying the Ramsey torch going forward

In a marriage there is no singular independence. If you're too selfish and self centered to truly partner with someone on that level that make you "one", probably shouldn't bother getting married. How do I know this? I'm married. And we're so much stronger together as a independent "couple" vs singular independence. When you can trust someone and work with them on that level, you will have a happy marriage.

George keep it up absolute gold

Great info George

Funny...and informative...THANKS!!!!

Exactly exactly smart advice young man 🎉

Always great content!

Well said.

Love your content!

He’s a 1 in a million talented guy I love listening to him but for the normal person debt is the financial killer for most of us.

So happy you spoke to this! Steve Harvey has been giving bad and unreasonable advice about money and marriage for years… and mainly because he’s famous and funny people buy it. Except people forget that he cheated on his wife, is divorced and makes millions and his advice is based off of that. Not quite the path I want to follow. I’ll become a millionaire the Dave Ramsey way, though faith and the baby steps.

@CouponingWithZee

Жыл бұрын

Dave Ramsey was bankrupt and yet you’re still listening to his advice. 🤦‍♀️

I like to see you react to Robert Kyosaki. That man is a multi-million but he is leverage up to his eyeballs. He loves debts

@tammy2143

Жыл бұрын

Yes do a video on this subject

@aliciaeasterwood

Жыл бұрын

Yes and have Dave on as your guest since he and RK are friends

@scarpfish

Жыл бұрын

He's a fraud who got rich selling abstract motivational gobbligoop, not by actually doing we he recommends to others in that gobbligoop. Same goes for any of these schisters who are putting out "free" seminars that turn into sales funnels.

George Kamel is my favorite. Keep it up George :)

Excellent video George ❤😂

People become millionaires faster with businesses than in the market. 5 years.. bam done. Find something that you can be proficient at and focus on that leaving everything behind. Yes it takes tons of discipline but works almost everytime.

🤔 Over twenty years ago my cousin made over 100,000 with a lawn mowing business he worked part time on Friday and Saturday after working 40 hours as an engineer.

We share the bank accounts. In our monthly budget, we each have a spending budget that we can do what we want with (go eat out with friends, buy a new purse, whatever). We both know the Master password, and if we need to spend more than $100 we talk to each other first. No secrets, no guesswork. I have more freedom now then ever in my life ❤

OMG! This had me rolling, Harvey said so many dumb things! I guarantee he did not become rich by doing any of those things.

Nice video bro thanks

George rules!

Nature Valley GB are soooo messy!

Stevie’s sleevies 😂

The 1st point: my husband and I have had basically that bank account set up for years, but all under the same login, so we have always been able to see the other person's "separate" checking account/transactions. In later years, I added a couple more accounts for 'giving' and 'travel,' but another option is there are bank accounts that let you divvy things into 'buckets' under the same account.

Steve and George are right to encourage generosity. Make it a habit.

We have one account and share everything. We have the money market account for our Emergency fund. Strength in being together. We budget a line item for each of us for extra spending

OP what?????? Great show George ⭐️⭐️⭐️⭐️⭐️

George, you're killing it! Thank you for simplifying this so we could ALL understand and be successful.

I agree with Steve because couples get in trouble with overseeing every penny the other spends. There should be some amount of money where you don’t need the other’s approval. Either put into an account or actual cash distribution. Get the savings/retirement goals in place, monthly obligations and any other goals FIRST.

We use Ally, which you’ve said you’re a fan of. We actually have five accounts, one is the main account for daily spending, one is our monthly bills that are all set to autopay, one is the emergency fund savings account and two of them are his/her “fun monies” accounts. We budget weekly and only our own fun money (which are line items in EveryDollar) go to those separate accounts. In Ally we can both See the Main, Bills, and Emergency. The two fun accounts are linked but can’t be seen by each other. With EveryDollar you can see all of these separate accounts for budget meeting discussions. Why polarize what he’s saying. There’s plenty of tools out there that achieve the same goal.

I agree with you up to your analysis of Steve's asserted "The Law of Attraction" nonsense. This is purely a new age principle of personally controlling the universe for personal gain xx

You can get 66 Costco hot dog deals for $100, not 60. Don't shortchange yourself 6 hot dogs 😂!

GOERGE YOU ARE HILARIOUS 😂

Taking financial advice from a celebrity is the same as taking it from a lottery winner.

@perotal

Жыл бұрын

But it is so much better taking it from a kid on KZread right?

@howler5000

Жыл бұрын

@@perotal If you want to take financial advice from Hollywood and some brainless puppet you go right ahead. People on the Ramsey team might not have everything 100% correct, but at least they preach sound fundamentals.

I only want 100s… that’s what the IRS told him when he owed them over 20 million in taxes.

My boy George already got more subscribers than SmartMoney happy hour. Love his input on the Ramsey show on this KZread channel and on Smart money happy hour.

To avoid the 4 bank accounts my husband and I just take out cash. So we agree to x amount of dollars per month that is “fun money” and take cash out so he can use his to buy his baseball tickets and I can use mine to save for my purses without each other judging each other.

I live for George always casually bringing up Costco hot dogs 🤣🤣😭❤

This advice makes a lot of sense.

If you don't have enough trust with your partner to share finances, maybe you just aren't ready to get married.

@tymondabrowski12

Жыл бұрын

If you don't have enough trust to trust what your partner is doung with their money in a separate amount, maybe you just aren't ready to get married. Usually neither of those decisions is about trust but about convenience etc... except in this comment section, where I see plenty of "they have separate accounts? That means CHEATING WILL HAPPEN!". Like, chill, dude, if you feel the need to control their finances, maybe it's not a good relationship. (Not talking about you but other commenters).

@kaycon4823

Жыл бұрын

But they are sharing their finances. They made the decision together as to how they want their account setup.

I can't wait to be debt free by the end of this year, one of my first goals is to start giving generously.

Waiting for the altar call ;) LOL

Agree 100%

The last clip of SH. If you’re using OPM then your paying other people your money plus interest. That’s more money out of your pocket. 🥴

🤣🤣 Love George Kamal

If you haven’t already, could you do a video on high yield savings accounts… and like where do you start to open one

@joeriveracomedy

Жыл бұрын

I tell young people to find the bank that works for them when they ask where and how I do it. Too any factors to determine it.

We follow both. Both names are on all 4 accounts and we budget every penny. It's just what's in my account is there so it's easier to set aside what we budgeted for her to spend and budget for me to spend. Bank accounts are free and banks don't care how many you have open as long as you maintain the minimums.

That’s good he learned that he’s throwing away money by borrowing from banks. But this interest you pay is just half the issue… When you have no debt you can invest more, accrue wealth faster, plus just the mental health factor of having no debt just gives you so much of an edge

You do you, Paige. I LOVE my chaise on my couch, my knees are much happier since getting it.

Love the @dudedad cameo lol

Hilarious videos every time 😂

Pls provide in podcast form❤

@GeorgeKamel

10 ай бұрын

You can tune in and subscribe on Spotify! spotify.link/5MfbUmNYyDb

Now I want Falafel

Great show today George. You know how to hit them wear it hurts, but with style.. ha ha.. My friend Kim who works at the same college I do said she was sorry you weren't going to be there at the Anaheim show, but she was happy she got the VIP ticks.. Man, did I just name drop my friend? Bad form. awkward

Ahahah we love you George hilarious 😂

PLEASE do an episode like this about ministers/pastors/etc that scam their congregations. (Pull the weeds in your backyard). 😊

i dont agree with George on the 4 bank account, even though we are married we still need some type of freedom to do what we want with money no questions ask, if i want to go buy a Motorcycle i dont have to ask because money is not coming from the house account or the joint account and if my wife wants to buy the purse she wants same thing.

We each have $100 of spending money every other week (baby step 7 for 2+ years) we are able to apend this money on whar we want, without the other's input. As the spender, i typically sont have much in my possession. My Husband, oftwn has 1-2k. George, whats the difference in personal spending cash (Dave's suggested individual funds beyond BS2) in cash or deposited into a savings account?

10 mo times 😂😂🤣 I mean this guy tells jokes for a living... Of course he was just kidding

lol. youa re funny George!

There’s both ways to get rich, without debt and with debt. Both work

I only want Ferrari's. I will only accept Ferrari's. 😂😂😂😂😂😂

george is the GOAT

Love this one .. who will you DEBUNK NEXT ..(:

I think you misunderstood his 4 accounts. You have the typical shared check and savings, but the other two accounts seemed to be for the entertainment budget and gifts. That’s my interpretation anyways. I just have shared accounts and we don’t really do gifts. We do experiences together for gifts.

George like Steve is very entertaining

“But stay away from my falafels” 😂😂😂. Love it !