The Hard Truth About the Debt Free Journey...
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Me and my wife are DEBT FREE as of two days ago. Hard work, discipline and DAVE RAMSEY was the key to our success. Blessed to have learned of Dave, thank you.
congrats, same here. Truly liberating isn't it !
Congratulations...Iâm two months away đ©
đđŸđđŸđđŸ
@@tmcneal6 you can do it!!
Awesome đ
If my 20year old truck holds up I should be out of debt in june of2021 pray for me
I hope itâs a Toyota
Good luck my man đ
Is it a toyota?
You are there brother...7 months from victory...awesome.
Have a good plan B. You can always get a junk car if your truck dies.
Took me 6 yrs to get debt free but am so happy
6 years!?
How much debt did you have?
1000 đŹ
That's quite a journey.But kudos to you!
Congrats! Iâm 3 years in and a handful of months out of being completely debt free. Soo close.
10 years for me, just reached it today.
Moved back in with my parents, worked overtime and now Iâm credit card debt free! Time to tackle $5000 in student loans!
Watch out for people using Dave Ramsey name and picture on fake investments. Dave Ramsey is not a Crypto Investor...Don't get caught in these fake scams. Stick with the money making tools you are familiar with and what works for you.
Lol I did it by 32yo without moving back in with my parents and I even own a house.
Just don't forget to thank your parents and contribute something even if they don't ask for anything.
Are you debt free yet? Well done btw
@@j887276 thereâs no competition. Everyone does things differently
Just paid off the final grand on my $10,000 loan today! Finally debt free
I feel disgusted wuth myself for the way I've wasted time and money over the past 5yrs. Im 26 living at home $11,000 in debt with slow income, back on unemployment with $3 to my name right now.. Feeling discouraged but I'm in it now. Ain't no way i can see life and money the same after watching these videos everyday. Prayer and consistency.
You have every reason to feel discouraged, depressed and disgusted with where you are now. And I know what the job market is like out there. It would be easy to give up. Hope, faith, prayer and persistence will carry you through to better times. Then you will do better in choosing what you spend your hard earned money on. I hope your home environment is healthy and supportive, as that is a blessing. Sending you blessings! You got this!
You effing got this.
Watch Jim Rohn on u tube
You got this!!
I hope things get better đđŸ
Back here after a year to say that as of this morning, I am officially debt free :) I am grateful for all of the advice. Thank you!
Congratulations!
I have friends that give me a hard time about making sacrifices to pay off my mortgage 12 years early. They always say - you have to live life now - bla bla bla. Freedom is not owing other people money.
Just remember, if you still have these friends 12 years after you pay off your mortgage you will be the one quietly laughing at them while they struggle! Not to be mean but they dug their own hole of problems which you filled in your own 12+ years ago at that time!
These friends are not paying off your home or making payments so they don't get a vote! Stick with people who get you!
if you have friends that are making fun of you for paying off debt.... you clearly need new friends. those peeps are losers
It doesn't matter what car is in your driveway, what top of the line phone is in your pocket, what top of the line furniture is in your home, or what roof is over your head; if it's not all paid for, IT'S NOT YOURS! Financing a car is like borrowing your friend's car. Sure it's in your drive way but deep down YOU KNOW it's not yours. There is no better sleep than debt free sleep! Freedom truly is not owing people money. It's freedom to quit a job you hate because you aren't worried about getting behind in bills and losing your shirt, etc.
@@Joel-ew1zm all true!!
Come on you guys, we can all do it in 2021. Make this year your year. ROAD TO FINANCIAL FREEDOM. LETS DO IT
đȘđŸđđŸđđŸđđŸ
If you are miserable with $10 you could very well be miserable with 1 million. Money just amplifies who you are
Let's GOOOOOOOO
I will be debt free come July 2021!!!!
Donât wait, start now!!
Been debt free for over 7 years. One must tell themselves " if it was easy anyone would do it". No better feeling than being debt free!
Then apply your philosophy and come to Jesus. Itâs not easy but well worth it.
Exacto - debt is hard! Beans and Rice - easy. Working 24/7 easy! Living beneath your means easy!
@@clarifyingquestions no
most people don't want to live below there means
@@shoeplayisbad1 Each to their own - but always having too much money feels as great as emotional and physical health,
@@clarifyingquestions yes that would be true
My sick-and-tired moment was at the end of my divorce three years ago. I had won custody of my daughter but I was deep in the hole in terms of debt with credit cards, student loans, a car payment and a divorce which almost bankrupted me. At age 30, I set the goal of being debt-free (with the exception of student loans) by the time I was 35 and I got after it. Fast forward three years, I'm 33 and on track to be 100% debt free (INCLUDING STUDENT LOANS) before my 34th birthday. It's been hard. There have been lots of sacrifices. People think I'm poor because I live frugally. But I'd do it all over again if I had to turn the clock back. Stick with it, folks. You can do it.
For good trading and huge returns contact him
W. H. A . T . S . A . P . P
+ 1. 2. 7. 0. 4. 4. 5. 3. 7. 8. 9.
When I was in college, i had a budget of 100$ / month for food lol... I got really good at going through sales and coupons and really expanding my dollar. I came to a point where I was spending ~22$ a week on food/ groceries. People donât believe me but yes I lived that life.
Stretching a dollar.
Ramen noodles
I believe you, because that's how I roll. Sales & Coupons are key in saving money. You don't need to eat like a king, as long as you have food you will survive.
It is possible even now. Good for you!
Lol pre 2022 inflation...
Even in Las Vegas, rice and beans doesn't cost $800/month. Cook like your immigrant grandmother. Pasta, potatoes, kugel, colcannon, pierogi, haluski, bubble and squeak, beans and rice, beans and cornbread, pasta fazool, pea soup. Oatmeal breakfasts, no fancy boxed cereal. No alcohol. No goodies, no snacks. My grandma fed eleven kids on next to nothing, bought fifty pound sacks of potatoes and fed the family for a week on that.
My friends and family would give me the strange looks when I tell them I don't make anything fancy when cooking. It's mostly stuff from cheap and long lasting food (like pasta) and any good deals I can find.
I tell them I'm getting rid of debt, and maybe after, that's when I can try to be fancy and make something better.
Christine you made my day đđđ
RIGHT ONN
Colcannon, oatmeal and cornbread with beans. Whew! Taking me back. Your post is so true.
I ate a lot of bread and jam sandwiches as a kid....
Debt: Exists
Dave: And I took that personally
LOLOL
đ€Ł
Had 25k in debt at the beginning of the year now at zero as of yesterday. saving up to buy a house now . This journey had taught me so much f**k the majority mindset we need that minority mindset
Once you learn about Dave itâs like stepping out of The Matrix you look at the world totally different. Debt free for a month, besides the mortgage. After learning about Dave, the car loan was paid off in four months (2.5 years early). No debt ever again!
Congratulations.
Good luck with the house.
Congratulations my brother!
Same! I had about 25k in January, now 0. Congrats to us!
YES!
"Only when the pain of same [where you are] exceeds the pain of change, will you change" ~ Dave Ramseyđą
Yesssssssđ€đ€đ€
Oh heck yeah!
Seriously I wrote it down
25 years old and debt free as in today đđ»đđ»đđ»
For good trading and huge returns contact him
W. H. A . T . S . A . P . P
+ 1. 2. 7. 0. 4. 4. 5. 3. 7. 8. 9.
That eye roll from the mother in law was the top three of my motivators when I started my journey
Did she have doubts that you could live debt free??
Tell her to control her daughters spending lol
@@frev9460 it was more of a put your big boy pants on eye roll my income shovel not matching my the hole I was on with a baby on the way. I picked up a part time job doing valet at a casino in my area that allowed me to pay daycare and cash flow my CDL classes once i got my license I was able to triple my income and dig into my debt I got about another 6 months we'll be debt free
Awesome brother. Happy 4 u. The same thing happened 2 me with an old boss of mine who said I would never become a journeyman. He was one of my motivators 2 go 2 college & get my certification in pipefitting. đ€đșđžđ€
@@MyNameIsCorey Wow! Way to go, man! Stay motivated, you're an inspiration to the rest of us!
In case no one ever suggested it:
There should be a movie about Dave Ramsey. From his childhood to him being wealthy to losing it all and getting it back again and starting Ramsey Solutions.
And also to explain his walk with God.
I watched a 20 minute documentary of Dave that was somewhere on his YT channels many months ago.
Whoâs gonna play him ???
Owen Wilson hahaha
@Connie Hull wealthy parents doesn't matter if he didn't do anything himself. I know several people who had low-middle class families and still got into real estate. Rich parents and no common sense is not necessarily going to put someone in a better position than an average family with common sense and ambition.
I became officially debt free April 27th, 2020. Over $8,500 of debt paid off. It took me approximately 1 year of hard work, consisting of 10-12 hour days, 5 days a week, driving 300-350 miles per day. Working as an independent contractor medical courier, I traveled over 66 thousand miles driving through storms, blistering heat, snow, ice, and countless steep hills without air conditioning or cruise control. Now I have 6,000 saved and Iâm still gonna save until I get to 10k
*There's a Gaining key on how to invest into Crypto and Stock and make good Profit with your investment**
Are you interested?
Anonymous wow. You are a trooper for being able to endure -- and succeed in paying off your debt. So glad for you to hear you were able to do it and also glad for you that you've decided that you will not stop saving until you get to 10k. You are a BOSS and you are an inspiration for others. Thank you for sharing your story. Much success to you and blessings to you always. : )
@@user-zv1yh6er7d ??
*Write my Manager Mr Thompson on What'sapp with his guidance and strategies you will achieve alot with your Capital*
+ 1 9 1 4 2 0 6 8 2 9 4
Hang out with people and have relationships with people that have the same goals as you. Don't spend money just because someone else is.
This is true
100% true
@@dalimts7372 I have some more videos in the making. I am trying to explain to people what the bigger picture with finances is. A lot of people say they try to budget or manage their money but it never works out. Relationships are a huge factor in finances and it seems to be over looked and never talked about.
Also, be that person that inspires people to have more control in their life too. I've noticed my roommates picking up my habits of not spending money until I have too and to save atleast 20% of my income (I barely make above minimum wage atm).
"Hang out with people and have relationships with people that have the same goals as you."
There is NO better way to become a loser than hanging out with loser friends! I could not agree with you more! What you said is so important.
I cried laughing when he said â why would u stay with a man that doesnât pay the billsâ
Ironically Dave talked about debt collectors using the same line on his wife years ago when they went bankrupt.... How the tables have turned
â@@jojachow What tables have turned? Dave was talking about himself. You misinterpreted the conversation.
It was even funnier when he said that his wife was even thinking about it.
I been working my "stuff" off for the past 8 months. 60 - 80 hrs a week. I'm just now beginning to get used to the grind. Really missing my family since I've been working so much which is especially difficult since I have small kids. I miss them so much. I'm trying to start investing and pay off some debt. Paid off a $3,700 credit card and saved up $14,000 cash plus prepaid car insurance for a year. Did all this in a time of 8 months, which is not too bad since our landlord raise our rent during this time. It's a very difficult life. I think I'm living like no one else. Hopefully later I can live like no one else.
*There's a Gaining key on how to invest into Crypto and Stock and make good Profit with your investment**
Are you interested?
you've done great, can ya slow down a bit since Xmas is coming? see the kids a bit more? don't go nuts at Xmas and give them too much.. ...
@@madhatter909, I'm thinking about easing up a bit. I might take 2 weeks off for Christmas and New Years. Maybe.
@@JTDyer21 are you doing Dave Ramsey's plan? Doesn't sound like it.
You need to slow down and take a breather dude you're going to blow an O ring
So many things in life are simple, but not easy.
@@user-zv1yh6er7d yes
Very well said
@@user-zv1yh6er7d Yes
Debt free feels amazing. If I can do it, anyone can. Start right this moment, and don't stop till you did it too.
My partner became brain injured, I am physically unable to work more than 2 hours a day due to past injuries but luckily old enough to file for my social security .With Dave's program I paid off $13,000 credit card debt in baby step 2 + $16,000 to pay off two rental properties in full...in 7 years. That was a long 7 years but now I have $10,000 in savings and supplementing my social security with rent income. Still carefully budgeting. I give so much credit to Dave's advice!
Being debt free is more than just not owing anyone anything, it changes the way you view money.
Finding a *community* with a common goal is soooooo *KEY* đ”đđ„
Paid down *$10k in 4 months* and $23k more to go and I'm *PUMPED* đ„đ„đ„đȘđ
I'm trying trying trying! Based on my current situation, I should be debt free by February 2021 :)
I hate to the THAT guy, but 'trying' is just another word or excuse for 'not doing'. There is either do, or DO NOT, but there is no trying.
@@mikepawlikguitar 'Trying' to you must mean something different. My 'trying' has been eating super cheap frozen dinners while working as much overtime as work will give me. Even did a course to become a first aid attendant in order to get $100 extra pay per month. OH I'M TRYIN'.
@@sirshep4915 Good!! So you're DOING! Try right now to get off the couch. It ain't gonna happen lol. Unless you DO it.
Good going and all the best to you.
Itâs a nice feeling man. Huge weight off your shoulders. Youâre gonna feel like youâre in a elite club because a lot of people have debt.
Did you make it????
Iâm Korean, Rice sounds amazing everyday
Not many people talk about the journey from the point where the only debt is the house . Itâs still not easy . Itâs a very large amount and sure an extra $400 a month sounds like a lot but it doesnât quite go down as fast as you were seeing with the car debt or credit card debt . The house is the tortoise out of all the debt. We are in the middle of that very long step
It's a much larger elephant, still have to eat it one bite at a time. But know your taking years off adding $400 a month.
Do you have a 15 year fixed rate mortage with the monthly payment being 25% of monthly net income?
@@carlosgomez701 Y yes I do ! And %15 of our combined household income is going into retirement.
@@carlosgomez701 This was my mistake... but in my area (NJ near NYC), that doesn't really exist unless you make ~1M... my payment is ~25% of monthly net income but 30 yr fixed rate, not 15 yr... oh well that was my choice and I can prob pay off in ~20 yrs instead of 30, still much better than average gang
@@kay203 The good thing is that your payment is fixed, so most likely you will continue improving your income, and may manage to increase it 10, 20 maybe even 30 percent, and that's when you can really tackle this giant debt. Thanks for your reply Kay.
2 years that i started on steps. Debt free for almost 9 months, and full force on step 4. As soon you finish the step 3, life start to go faster toward your important goals. Dave is the real deal.
I never had a substantial education about how to manage money. But my mother god bless her slke taught me if you can't afford it you xant have it period.
Being debt free and financially independent is the most incredible feeling. Boy I'm truly blessed.
Should say sole and can't ..
Donât need a substantial education.
Itâs just basic reading/math and common sense.
About the frustration of learning something new. My experience is that when you are at your most discouraged, ready to quit, you are at the point of making a breakthrough. Keep at it because you are one try away from a breakthrough
My wife and I are on track to pay off $250k in 3.5 to 4 years and we cannot wait to do our debt free scream!! Dave's principles work no matter what your income level is.
Are you debt free?
I needed a good Ramsey Rant today. It's been a tough couple of weeks.
For good trading and huge returns contact him..
W. H. A . T . S . A . P . P
+ 1. 2. 7. 0. 4. 4. 5. 3. 7. 8. 9...
I know we all crave and need tough love, even those who hate it.
I just paid my car off November 23, 2020. A USMC Vet and starting school to become an Architect with my Post 9/11 GI Bill and since Iâm a resident of Texas I also have the Hazel wood act to keep me debt free
Thank-you for your service.
Can't use Hazelwood Act with Post 9/11 but you can with MGIB. I'm doing the same thing in Houston, but I.T. Good on ya!
@@ThomAssDaTrain you can use Hazlewood after you exhaust post 9/11. You have to show proof you exhausted all other benefits though
Ah all those Bills and Acts to get poor uneducated people to pay for rich people's education. Good job on the government.
Before anyone jumps on me, people who get an education will be richer most of the time than a lot of uneducated people who pay taxes. There's research on this how uneducated subsidize the educated. Educated people reap most of the benefit from the education, so they are supposed to pay for it even if they take a loan.
Dave's rant about too much debt might be true, but it is worth it to get a good education if it's not too excessive.
Baxa KK college is a waste of money. I never went. Now I have my own company that make 4m a year and have 15 million in 40 million of real estate that makes 2 million. College isnât important
I overestimated my food budget on my first few budgets. But when I started, I calculated my average expenditure from 3 months of bank statements. Went from $600-$800 down to $400 a month for 2 adults and one small child.
Watching you all the way from Portugal for the 1st time, "only when the pain of same exceeds the pain of change, will you change", "never again", such useful talk, thank you so much!
Sick and tired of being sick and tired! Yep, my health has improved since I started exercising and seeing an alternative health practioner.
What do they do for you
And I've been from doctor to doctor over the past 5 years with little to no results.
Thought Dave was gonna snap for a second talking about American Express đ
đ€Łđ€Łđ€Łđ€Łđ€Łđ€Ł
When I first started budgeting it was very hard . Now it feels good to have money and not live pay check to pay check. Finding your show save my life i thank you Dave for your excellent advice you give us on our debt free and wealth journey.
Patience, planning, production, and perspiration are needed to get through a debt free journey.
Am listening to this just when I have ignited the debt free journey. So help me God
Inspiring video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family
Hi. Iâve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.
@@bridgtte However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments..
@@Williams002 Oh please Iâd love that. Thanks!
@@bridgtte Judith Ann peace is her name
Lookup with her name on the webpage.
What people donât understand about the debt free journey is that you are going to go through the pain of paying off the debt either way. The pain is just concentrated so that you have much less pain for a long period of time. Itâs a hard sell to a lot of people âyou need to increase your pain now so that you will have less laterâ the common retort âhow do you know you wonât die the day your house is paid offâ oh no I gave my kids a paid for house, my life was such a failure.
Also most people believe the government will fix their problems when it canât even get out of the national debt
Watch Dave Ramsey once a day to keep the debt away!
Another aspect to this, is that there is also confusion. A lot of people believe that confusion means âstupidâ. Not so! If youâre confused, it means youâre about to learn something new.
The mindset is KEY. This was one of the hardest things I have ever done. $22k paid off in year and half. I am currently debt free (except for my house). And "Murphy" moved in on my doorstep with every vehicle needing repairs, etc., not getting to go on trips.....lots of extra hours working.....but through the process your eyes open wide....and your ears. You start listening to others who are in pain because of debt. I can share my journey with these folks when I hear them. If I can do it, anyone can. I have always been horrible with money, SPENDER here (go figure). But now I look at every purchase. I encourage anyone out there who is struggling to not give up. It is so worth it.
This is so true. I've gone into aggressive saving mode following a number of negative financial experiences. I never want to be in that situation again.
Get debt free, friends. I got debt free back in May and am loving it. Saving for a home, reinvesting back in retirement. So worth it.
The shame is real. I have so much shame because of the damage Iâve done with over spending and I have a low income. Iâm trying to get my confidence back to get a better paying job. In the mean time, Iâve created a budget and saying no to friends who want to go out constantly. I want to be debt free more than anything.
6:13 âOnly when the pain of same (the pain of where you are) exceeds the pain of change will you change.â Dave dropping knowledge bombs đŁ
Truth: Credit card cash benefits for use come from money paid by the interest of those in debt bondage.
The cash you get is out of the small business you shop at fees for your purchase. The Visa and master debts give you 1/4-1/2 of what they charge back as a reward for using there product.
What makes it appear insurmountable is that we are constantly being bombarded by sales pitches that tell us we can't live without more stuff and we should go into debt to get it!
Once you conquer being able to tune all that garbage out of your head, you will feel much better and saving money and not having debt will be much easier. And then when you get yourself into great shape, you will have the best sleep you have ever had in your life.
Debt free and paid off our mortgage 10 years ago, thanks to following Dave. The greatest feeling I've had in years was not owing money to anyone. We've paid cash for everything ever since, including 3 cars.
No matter what your net worth is, what you have saved for retirement and what your age is, if you have "no debt" you're already in a position many wish they were in even making great money. Ever notice the people with the most dire scenarios and call ins actually make good money, but people with lower incomes find a way to avoid these disaster and live below their means.
I use every dollar to do my budgeting ... It took a few months to get my budgeting down to near perfection.
Wow. I see why Dave pays so much attention to the emotional side of this struggle. Dave always says he's made the same mistakes with money but with zeroes added. It seems he's had emotional experiences with zeroes attached. Thanks for sharing.
Thank you for addressing and explaining the pathology of debt and the repayment process. It's truly a roller coaster ride and then the moment you finally get off is priceless. You're gonna weeble & wobble until you retrain your brain's equilibrium as the relief overcomes the mind body and holy spirit & then the moment arrives for one to say...Never again! Never again am I gonna get on that ride and be taken advantage again. Amen!
I'm eating rice and beans, beans and rice because I'm sick of my paycheck to paycheck life.
""Only when the pain of same (the pain of where you are), exceeds the pain of change, will you change.""
One more gem.from dave. Thats why I listen to the same baby steps all the time..
That one's going to my list
"Only when the pain of same exceeds the pain of change will you change." - Dave Ramsey
Powerful stuff, and the crux of it all.
My wife and I trying to get out of debt to save money and itâs really hard to do but we are doing it and motivating our self for a better future.
Broke people will fight you and themselves every step of the way. Keep moving forward.
I have no idea how you have time to invest when you comment on literally every dave ramsey video.
Time management skills? Some people know how to manage their time and get a lot done.
@Christopher Muya Everyone has a hobby, and I guess his hobby is commenting on several videos every day. There are a lot worse things you can do, so why not if you like it
YESSIR
I semi-replapsed from living like no one else and I bought $5 worth of lottery tickets. Iâm glad thatâs making me almost panic because when the feeling comes back I remember that it was just $5, donât let it happen again. Back before I would have felt LESS bad about 50 dollars
Dave, you are a Christian! You are NOT supposed to hate anyone, you've held onto a grudge for 30 years. You need to forgive those crooks, even if they still are, and let go of your hatred.
You are here .......................the point is over here
Hey guys I just started my journey to a debt free life currently Iâm 20k in debt due to auto loan. I just started trucking and one year from today I will be debt free thanks Dave!!!!
"The eye roll from your mother -in-law". đđ€ 7:17 Lol!
I love how Dave calls them a Ramsey personality đ€Ł really puts them in their place.
I can honestly say i am so lucky to have never experienced being in debt (because of free education in europe), but i feel for anyone who has reached that point when they realise "oh i completely ruined my life" must be so hard
I'm training to become a professional proofreader. I'm sick of being broke despite paying down debt
Seems redundant in the age of auto correct. Good luck.
@@commandershepard9601 auto correct doesnât always catch misspellings. Proofreaders are also good to fix grammar, tone, and picking better words.
@@justinbowman2126 Interesting thank you
I am debt free as of the 15th of this month. Right now, I have close to $2,500 for an emergency fund... I am halfway through my goal of a $5K emergency fund. Starting a new car fund soon ^-^
Never have been in debt. But budgeting is the biggie for me. 2018 was when I began taking it seriously, after buying total money makover in 2015, I know procrastination, and setting limits with the money I earned. Thankfully since then I've been able to have enough set aside for emergencies and other unforseen expenses. With the Scamdemic I was not worried, was able to keep working thankfully, because I had the reserves for what made might come. Am planning on starting to invest in the near future.
Thanks Dave!
What also needs to be talked about is that when you go on your debt free journey you will learn many new habits that will not only get you out of debt but will make you hundreds of thousands of dollars in the long run. You will take what you learn with you the rest of your life.
This is GOSPEL. Much appreciated.
He has blessed me so much. I have no reason to doubt him. 2022 my whole family was in debt (including myself) the money I had in my bank account was nowhere near the amount I owed. It was however enough to clear the rest of my family. The Lord told me to break their chains and set them free. And so I did. They all cried but they all knew I was still in the lionâs den. I told them not to worry about me. I told them that God would declare his strength through my weakness. Not long after I won the lottery. I cried all day. But more than anything I was glad my family now lives by Faith and not by sight!!!!
Consistency is đ
Couponing and getting knowledge on how to save on food items/ household and hygiene items is key in keeping the "food" budget low.
I'm a single guy, I cook food at home at least 24/28 days of the month (will usually eat some fast food one day a week). Is 300-350 a month too much to be spending on groceries? The only thing I buy that is somewhat "expensive" is that I treat myself to a steak like once every two weeks. The rest of the costs mainly come from fresh vegetables and fresh fruits for smoothies. Am I spending too much? I really don't want to sacrifice my health by eating "rice and beans" constantly, even though it's often meme'd on this channel. I have very little food waste and normally eat at least 95% of what I buy. Is health not a factor you should consider?
Itâs more than necessary. If you cook a couple of healthy meals and eat leftovers, I think you could spend a lot less and not sacrifice health. I spend a lot on healthy ingredients too and thatâs how I saved money. I hate to cook though and thatâs why Iâd rather just cook once or twice a week.
I think you should always consider your health. Iâve followed Jordan Page for specific grocery advice, and she recommends $75 for one person and then $25 for each extra person in the house per week. So $300-350 sounds perfect. Now thatâs including soaps, toiletries, and paper towels. Sounds like youâre doing a good job.
@@jacquelynmurray9140 awesome, thanks for the info!
Geography makes a huge difference in being able to precisely follow Dave's plan. Having a reliable vehicle in a state that has -10° temperatures is different than in warmer climates. Life in a place with public transportation or large enough towns for a pizza delivery job makes a difference. If you are broke,moving to a larger or warmer climate may not be an option right away. Doing baby steps to get to Dave's babysteps is better than not trying at all.
You are not your self, you are you before now, and you after now to infinity. Sacrifice is learning form the old you, and saving that for the new potential you. Sacrifice brings forth the blessings of heaven.
I used to be unlimited when it comes to spending. I don't even bother looking at the price of the grocery items when I buy. But when I started budgeting, I felt tightening in my chest all the time. My body has a bad reaction to budgeting but as the time goes by, it slowly feels normal. Now I can't imagine going to the supermarket without checking the price.
This journey is hard, 1 step start budgeting NOW!, and then start living below your means, when you are able to do no.2, guess what, your debt is now a constant, any money left after the budget goes towards saving your emergency fund. once that is in place, the extra money goes towards your debt, starting with the smallest debt. Want to clear your debt faster, get a better paying job or a 2nd, 3rd, 4th job. Keep rolling, you will win in the end.
Iâm happy to share that Iâm living debt free. I have been for most of my adult life. I graduated debt free and Iâve bought everything I own with cash.
Iâm only 26 and I aim to be âsemi-retiredâ by next summer. Guys, itâs possible. You just have to live an uncommon life
Contact my account manager
Dave Ramsey is so good for keeping you motivated through a multi-year debt free journey. If youâre on the journey with me, stay strong and keep going!
Fully Debt freee as of today !!!!!!! Dave definitely helped me make the push đđđđ
I like this: only when the pain of same exceeds the pain of change will you change.
SPEND MONEY ON THINGS YOU NEED vs WANT
I love these comments. You all are so encouraging â€â€â€â€â€. I'm ready!
I canât tell you how many people I know around my age that arenât even through their 2nd year of COLLEGE yet, driving around in financed Dodge Challengers, Mustangs, BMWâs, and latest model cars that are worth over $20,000
Here I am driving a $6,000 Chevy spark thatâs paid in full, cheap to drive, and cheap to fix.
I wonder how those people are gonna pay off
those expensive cars after theyâre out of college and have to pay for everything on their own.
You guys do the public a wonderful service- thank you.
I remember being about 27 before ever using a credit card after being convinced be everyone around me I needed one. Big big big mistake. Finally, 5 years or so later and I'm getting rid of my one any only credit card.
Discipline is key! Put your head down and get it done.
I did the money envelope system and got out of debt. It was very hard to do but I kept up the way I look at money.
Discipline! If you want it, you will do it! Most canât giving up the lifestyle they fell into! Very sad! I am 100% debt free. No mortgage is a feeling most people will never know. My parents are in their 80s and still have a mortgage. All my check every week is all mine to invest and save! My only bills are basic insurances, utilities, food and necessities. Wanna lose weight? Drink a gallon of water a day and drop all sugar and pre packaged foods! Like I said you will achieve what you truly wish to achieve! No more excuses! Stop trying and Do it!
A gallon of water a day will deplete your electrolytes toba dangerous level. You could die drinking that much water.
Spot on. Weâre on month 3 of doing the EveryDollar budget and so far the main line item thatâs off is food.
I have always been debt free except for my mortgage. But I have done budgeting for a living for 25 years. The mindset from work has carried over to my personal finance.
Becoming debt free requires discipline
Question is, how disciplined are you? đ€đ
You bring up a good point. Remind me why Rachel says for a no base budget that every dollar needs to be assigned to a category? Itâs like telling this to your dollars âif you are good, then I will go do this (fill in the blank)?
This is my struggle đŹ
So true.
I've been debt free 5 years and I'm never going back. NEVER.
Good for you.