George Kamel is a personal finance expert, #1 National Bestselling Author, and co-host of The Ramsey Show and Smart Money Happy Hour. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.
This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark. New uploads every Monday, Wednesday, & Friday.
Have a story for George? Send us a message to [email protected]. Want George on your show? Connect with us at [email protected].
Пікірлер
Most people don’t realise it, but the secret to retiring comfortably is finding a way to make returns while your money works for you. My dad, as I remember, started saving for retirement quite late, but I know he was making more than 10k returns from his investment monthly and it was completely passive.
This is really amazing though. I'm curious as to how he did it. Was it real estate? Or he was a market enthusiast?
Haha. Investing enthusiast? Not really. Our family got introduced to a financial advisor about four years before my dad retired. That was what changed things. I've been using the same now and I think my retirement income would be on the right track.
I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
Finding financial advisors like Melissa Terri Swayne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
Thank you Lord Jesus for the gift of life and blessings to me and My family $14,120.47 weekly profit our lord Jesus have lifted up my Life!!!
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Investing in crypto/forex is a good idea, a good trading system would put you through many days of success.
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, looking for companies to make additions to boost performance
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
High Yield Savings Accounts do not usually beat inflation after taxes. The more money you put in them the more you lose.
You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller
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
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Same in the UK. I have a side Hustle to survive, it’s not even for investing 😢
I appreciate the financial advice but I really wish you would do without the cringe edits. No one cares about an orange starburst.
Debt free = stress free!!
Paycheck to paycheck....mostly because their income is consumed by payments for things that are not necessary but it looks good pretending to be well off. One look at the classifieds, you'll see things for sale simply because people finally realised they cant afford the payments. People need to change their mindsets and attitudes to get out of debt slavery.
I will have 8.9million at 65... You think i'm waiting until then lol
In Turkey, somehow men feels head of house and they feel responsible of house expenses. Therefore, i told several times to my husband for combining our money but he refuses and then i told him to put in a join account and again he refuses. However whenever i bought something from online, he always needs to say "something " and then when i say him that we need for instance to buy frying pan, he always negotiate about how much we need this item then i feel fed up.
Stop eating out and going to the dollar store, b----!
My wife and I BOTH make (around) $21/H in our jobs, both working (around) 35 hours a week. BEFORE TAXES. (($21x35H)x52w)x2 of us....Let's just call it $76.5K/Year. BEFORE TAXES. We DON'T EVEN QUALIFY for a mortgage on a $250K house. The average home price in this country is approaching $400K. In our area, there is a massive shortage of sub-$200K homes. Our Realtor couldn't find one IN A FIFTEEN MILE RADIUS that was move-in-ready (three in total, all needing rather serious repairs that we're not prepared to pay for.) If we both picked up an extra 5 hours a week at work, we could add almost $11K/Y to that, making $87.5K/Y,BT. I'm not sure it's worth spending that time away from our infant firstborn. If one of us went back to school and got a better paying position in our field, it would mean continuing to work full time AND school full-time while being a parent full time. Time is so valuable. These are just some observations of the struggles being faced by the average American citizen.
That study was done in 2017 under Trump, now it’s closer to 65% under Biden, not great but better than Trump
George is the bomb!
I stuck to my plan at both Costco and sams. Went there for certain smoothie ingredients, overnight oats ingredients and 2 snacks on the list. Got all of that. Maybe next week i go back for a avocados and hummus cup because the sell by date will be past due. I mean it should be fine until next week. Thats why Costco aisel isn't labeled is because they want you to walk tbe whole store. Spend more $$
From $17K to $145K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading ....
some times last week i tried trading all alon but ended up loosing $3k
How can someone know a professional broker when legit once are hard to find this days
celia dullpher. understanding of market indicators is impressive. She knows exactly when to enter and exit trades for maximum profit. her siignals are top notch
She's recognized as 'Mrs celia dullpher. One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
Jeff goldbloom is giving financial advice now? 😂
Distracting hyper memes😬
This seems like the worst period. Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Celia dullpher
I agree just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading.
Please educate me, i'm willing to make consultations to improve my situation,
She's recognized as 'Mrs Celia . One of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well diversified portfolio, that has experienced exponential growth. It is not about having money to invest in stocks,but also you need to be knowledgeable, persistent, and have strong hands to back it up.
"How did you become a millionaire?" "Dad."
I can barely hang on with mine with these rates.
I’m a 32 yr old millionaire. If you’re asking me - start a business and/or invest in real estate.
The "comedy" is so irritating.
Recently retired and unsure if my 401(k) and IRA will provide a stable future. i need an approach that will align with my risk tolerance and financial goals, i set aside $1m to achieve this. Do you suggest i get into stocks or buy a rental property?
Look up dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, its advisable you work with a financial advisor to help set up a well-structured portfolio.
I agree. Based on personal experience working with a financial advisor, I currently have $2 million in a well-diversified portfolio that has experienced exponential growth from when i started. It's not only about having money to invest, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
I work with Sharon Lee Peoples as my fiduciary advisor. Simply look up the name. You would discover the information you needed to schedule an appointment.
Even you put 2000 dollar per month for savings/invest, it makes 120.000 dollar in 5 years. Many of them who attend this program says they pay about 2500 dollars per mo for car. Instead they can save it for their future and it will be huge amount in 5 to 10 years
I am a fan. I have subscribed and liked your videos. I am also one of those persons who has never been charged a fee or given any interest to any of my credit card companies. But they have given me convenience, and cash back. The only part that I am becoming more aware of is that the sweet sweet cash that I get from them comes from those who are paying the high interest rates. My soul is disturbed by this fact. We'll see where I end up on it.
All i know is that i am invested in multiple mutual funds with several having avaraged 15-18% a year approaching 20 years. FAGAX is one of them......
You will own nothing and be happy!
I know people who have zero savings. I worry for them.
I don’t know. I’ve seen way too many people need to go into care homes and they take all of your money anyway. Feels like it’s better just to spend it now.
Hey look, good debt!
Flowering dogwood yes
$300k in credit card debt is CRAZY
$900 to $1700 a month in social security after working your whole life. The migrants are getting double that every month and they never even worked here.
I don’t see the links that you’re talking about… how do I find them?
Cassettes are actually new school right now!
My biggest money mistake was getting a credit card! I was young and heading overseas for a trip the bank offered a $2000 credit card even though I was casually employed. Got back from holiday and couldn’t find a job! The bank offered to cancel and write off the debt if I paid $1360, so I begged my mother for the money and she let me pay her back interest free. Fast forward 10 years and I put in an offer on a house and am trying to get financing from the same bank. They refused me because of the credit card even though any mark on your credit file is only meant to last 7 years, saying it was on their own internal records. The seller refused to extend the contract to find another lender and the property was sold to someone else. The property 12 years on has increased in value by $1 million dollars! So that credit card cost me 1 million dollars!!!
The stat about 33% of Americans not having any savings is the most shocking to me. That's just ridiculous.
what a stupid video
Dumb content. Either makes you better or worse about yourself
If I want a free sandwich I just go to my mother's place.
2017? But I thought we were this amazingly prosperous nation under trump.
I hear you, but toddlers don't have bills or additional mouths to feed
I use credit cards for travel, restaurants, groceries, and online purchases. I always pay them a bit early and in full every month. I adhere to a tight monthly budget. If I hit the budget threshold a few days before the monthly cycle ends, the cards go in the drawer for a "time out".
My biggest money mistake is not buying a nice sequoia
⭐I greatly appreciate all your efforts in bringing us updates. I am financially favoured with bitcoin ETFs, even in this economic downturn i make over $25,000 weekli
Sounds great❤️ What are your strategies?
Today, I'm celebrating 283k stock portfolio. I started this journey with 20k. I have invested on time and also with the right terms now I have time with my family and life ahead of me
I have some money around $12,000 saved from day job. I have no idea where or how to invest. Please I'll appreciate if I can get some tips?
As a beginner investor it's essential for you to have a mentor to keep you accountable. Myself I'm guided by ma'am Bridget a widely known crypto consultant
I think I'm blessed if not, I wouldn't have met someone as spectacular as ma'am Bridget Dennison☺️
If you don’t combine in all things, you’re not really married. You’re just friends with benefits in a long term relationship.
Stock ownership stats: Only 3-5% of the U.S. population held stocks in the late-1920s. It was 4-5% in the mid-1950s. This rose to 18% of U.S. households holding stock in 1962, 31.8%, in 1989, and 51.9% in 2001. Just before the GFC it hit highs of about 62-63%, and then dropped to 56% of adults during 2021. Ownership numbers vary predictably with education, ethnicity, and income.
I signed up for a Chase Sapphire Preferred with a $750 sign up bonus and $90 dollar year fee. You have to spend 4k in 3 months to get the bonus. I will hit that with three months of fixed monthly expenses even if I paid everything by check in the mail; I am not spending more money simply by using credit. I will make $660 dollars for free simply by taking advantage of the offer. I pay the card off as soon as I use it and never carry an interest accruing balance. It’s literally free money.