Buy less house than you can afford. Your future self will thank you. I have a solid, vintage 825 sq foot house that was a true God-send, coming in at the bottom-end of my house budget. It ticked all the boxes of the 'must haves' and has proven to be relatively low maintenance. From day one I also built an autopay of additional principle into my monthly payment, so I don't think about it. Lower stress levels all-around!

We call that the "why behind the do" 😊

I bet Rachel would make a really great friend 👯‍♀️

Can you do an episode on saving your Emergency Fund and putting money into sinking funds at the same time? (Should I even be doing that?) I am on Baby Step 3 but am also trying to save for car maintenance and house maintenance as well so I don’t go back into debt for those expected but slightly more expensive costs. Thank you.

@reaper-sz5tm

Жыл бұрын

Get rid of the emergency fund and have all of your money in a sinking fund. I put $2,000 into my sinking/ emergency fund for car repairs, medical Bills, and my home. You’ll spend some of it sure, but you’ll always have a big pile of money to use it from throughout your life

Show the numbers! We just did this last Friday to see we CAN pay our house off in 3.5 years, that was IMPACTFUL!

@stevenporter863

Жыл бұрын

Rachel rarely shows numbers. 😂

The Baby Steps are a recipe, not a menu.

Top question my wife askes me is why I don't make more money.

@elnoraabduqadir2297

Жыл бұрын

😂 good one

@victorbeltran9344

Жыл бұрын

Then once you make more she gonna ask why are you never home

@ErikMore

Жыл бұрын

@@victorbeltran9344 100%

@lucybell1487

Жыл бұрын

Making more money can happen with budgeting...able to find money in spending less. Contentment creates the life you love

@lucybell1487

Жыл бұрын

Wife can get a side hustle to offset inflation which hits your household budget

This is a great video, I learn a lot watching your videos and it has been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Bonnie Antelo for improving my portfolio. keep up with the good videos.

@samanthaprocell3844

Жыл бұрын

l also invest with mrs Bonnie Antelo, she charges a 20% commission on the profit made after each trading session, which is fair compared to the effort she put in to make huge profits.

@rexhecks3307

Жыл бұрын

This is not the first time I am hearing of Mrs. Bonnie Antelo and her exploits in the trading world but I have no idea how to reach her..

@benandersonn12

Жыл бұрын

she's always active on te|e gram

@benandersonn12

Жыл бұрын

@INVESTWITHANTELO💯

@Roselerma

Жыл бұрын

I have traded with many individuals but I have never met anyone as good as Mrs. Bonnie Antelo, just by applying her strategies I now trade independently. she is the best i would advise any investment newbie to trade with her

9:05 It is called 'feast or famine'. The Ramsey personalities like to take old concepts, slap a new name on it and act like they discovered it.😂

@buckibanker

Жыл бұрын

Dave always says he is just taking your grandma's advice and selling it

Thank you so much for saying high quality… so many people use the word quality without using an adjective to describe what kind of quality it is. Sorry Just a pet peeve of mine😂

I’m 63, retired, single/no kids, excellent health, debt-free with a fully funded emergency fund. I’m saving to buy a home in 5 years, pay all cash and expect to spend $100K-$120K. My income includes Social Security plus a small pension and earnings from my side hustle, totaling $3000/mo., one-third ($1000) of which I put into a high yield savings account earning 5%. Given the short time frame, should I continue to put funds into my savings account or invest in mutual funds or some other way?

Baby step 4, is it 15% per month or 15% per year of your income?

My husband has irregular income and we budget the way you suggest. The only debt we have is our mortgage. Do you have suggestions on what to do with the extra money on the good months?

@elizabethadahl

Жыл бұрын

Sinking funds??

@motoryzen

Жыл бұрын

Yeah..if that 6 months emergency fund is fully pumped.... invest. Roth IRA or if you both have employees in n which you know you'll stay with for life...Matched ira.

Imagine having to go deeper than "I want to get out of debt"

My giving is at 0