Fixing My Subscribers’ Finances

Рет қаралды 345,285

2 ай бұрын

I’ve helped millions of people fix their money and in this video, I’ll look over 3 different couples’ finances - and show you exactly what I would do to fix them.
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Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich”
Find Ramit on Instagram: / ramit
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Пікірлер: 628

@AlessiaOrtiz 2 күн бұрын

*DONALD NATHAN SCOTT.*

@douglasbaker 2 ай бұрын

I would like to see more content for a single person that’s not in a relationship.

@spf_500 2 ай бұрын

I think single people just don't apply as much as married couples but I would love to see this too

@Playingwithproxies 2 ай бұрын

With no other person to agree on what’s important you are the sole person that determines where you money goes. Break your own self fulfilling prophecy or stories about money if you want to grow. 😂

@leedsdrumacademy 2 ай бұрын

He only does couples

@woboznz 2 ай бұрын

Ramit has said in comments on this channel many times that his focus is just on couples. I'm single myself and I'd love to see singles too, given we're more than 30% of the population and actually it's much harder to survive in tgis world financially on your own especially as a woman with gender pay gaps etc

@jjh00 2 ай бұрын

Get a girlfriend dude.

@snackman2005 Күн бұрын

I like this format better than actually talking to the people. This cuts right to the chase instead of hearing about peoples childhoods etc.

@kenreliableb18b 2 ай бұрын

I like the concept of reviewing multiple CSPs in one video. More please!

@StayPuft209 2 ай бұрын

Agreed this actually makes for a good mini series! Kinda like the cnbc millenial money series.

@mrwubwubz9714 8 күн бұрын

Yes i just subbed and hope theres more

@catsnpops6797 2 ай бұрын

I love this format! Lets keep it going!

@andimarj- 2 ай бұрын

I like too, thanks!

@jessicabergner3356 2 ай бұрын

Same!!!!

@TonyCox1351 2 ай бұрын

Agreed. Good content

@SaveNStuffwStephanie 2 ай бұрын

Same

@AveriesMiranda 2 ай бұрын

I agree! I’d love to see more of these

@dkayok 2 ай бұрын

I had 2 kids in my mid-late 30s. I had a good job at the time and saved up $5000-7,000 for each kid & invested it in treasury bonds because I didn't know much about investing at the time & it was a safe thing. I did this before each was 1 year old. By the time they were ready for college, each had $30,000+. During those years, I became a single mom, had very low income, etc. and never was able to add to that. But doing that one thing was a huge help to them when they needed it.

@motavice3499 2 ай бұрын

You did great with what you could because it came from your heart. I'm sure your kids will appreciate it

@LarisaC. 2 ай бұрын

🎉

@user-rq5gb9uc9g Ай бұрын

Wow that's amazing. Hope you the best.

@VanAlh 2 ай бұрын

This format is a keeper❤

@tessjune88 2 ай бұрын

Totally!!!

@ghjong001 2 ай бұрын

I really enjoyed seeing couple #3's finances. It's so easy to focus on the negatives, and the various pathologies people have about money; I'd love to see a deeper dive with people who seem to have figured it out, or mostly figured out. I suspect they might have been saving for a home in a VHCOL city, and over time, realized that they had no problems with renting, and still enjoyed life even with their high savings rate. $1.2k/month on travel is $14k/year - that's still an incredibly generous travel budget. So is the $1k/month guilt-free spending. I don't think they're missing out, or even afraid; I think they just realized they're perfectly happy where they are, and don't see the need to expand their lifestyle.

@bgoode652 Ай бұрын

I can relate to #3 with a little less income. I think you're right. I'm not afraid to spend money, just don't throw it away just for the sake of throwing it away.

@Quincyq15 2 ай бұрын

You should do more of these

@MilaN-lt2mq 2 ай бұрын

You are the only person, who recommends people who can should spend a little instead of living on nothing and saving everything. Very refreshing take on finances. I love it.

@ramitsethi 2 ай бұрын

Thank you

@Lazirus951 2 ай бұрын

Yea, some finance people out there seem to focus on investing every single penny and it's like "for what?" Can't take the money with you when you're gone.

@hazeldavis3176 2 ай бұрын

I love this format because it side-steps that whole reality TV/freak show aspect that can happen with personal finance reviews. I think the knowledge you bring to the table is strong enough to make this format profitable without relying on gimmicks like some other content creators.

@jessitabonita 2 ай бұрын

I TOTALLY agree! I had to unsubscribe from those rage-bait content creators _cough calebhammer cough_ because the disrespectful titles and thumbnails outweigh the actual content.

@Lazirus951 2 ай бұрын

@@jessitabonita Same here! I abandoned his content last month because I could no longer ignore how unproductive and exploitative the content was.

@chloecrawford5426 2 ай бұрын

Any recs on channels to check out? The clickbaity stuff is irritating me, but I would love more reasonable assessments.

@kennethbland5577 2 ай бұрын

@jessitabonita I started watching his content but have never (and probably wont) subscribe because the thought of people seeing I've subscribed is embarrassing😂 the thumbnails feel so stupid and exploitative, and like he doesn't have enough faith in the content not to fall into cheap 2012 thumbnail gimmicks.

@jurgitab3100 Ай бұрын

I actually like listening to couples and hear some BS I use myself and reflect on it. Money is not just counting, its emotional.

@busam1578 2 ай бұрын

Please do this every week! It would be awesome

@dianabinkowski3927 2 ай бұрын

This makes me feel very well. I am 75 and have total gross income of about 85k a year. That's from a pension, social security and VA income. My fixed expenses are $1600 a month. No credit card debt, no car payment. I have savings of 106k and add $2k every month. I love watching you and realize how good I am doing.

@ianwerkheiser1292 2 ай бұрын

Given how secure your income is and your age, I think Ramit might tell you to save less and spend more. Go on trips, or do whatever you want!

@irenekanel.ac.7721 2 ай бұрын

Make sure you are living your Rich Life now.

@busam1578 2 ай бұрын

It doesn’t sound like you are living a rich life, sounds like you are the save everything til you die type. I hope you find time to enjoy the time you have left.

@lunatiger 2 ай бұрын

Maybe they want to leave something for family? I think you’re doing great. With 85k guaranteed income you can still save 2k at your rate and enjoy yourself. Just be sure to enjoy some of it and not save it all. ❤

@LucyPooh777 2 ай бұрын

Great job on ensuring you’re secure financially at this stage of your life. I agree with some of the commenters here, Ramit would probably ask, how do you live your “rich life” and not just keep your $?

@mhodge0890 2 ай бұрын

Couple 3 is killing it. I want to be them 😩😩

@JewelsprideBengals 2 ай бұрын

Cell phones could be paid for by employers, depending on their jobs. Love this video format! 😊

@aleksandramayevska6923 Ай бұрын

My company offers it, but that would mean they owe all the data, all your personal stuff, etc.

@buildingbuildercip8292 Ай бұрын

I was given a phone allowance. I never had a cell phone bill in my life until I retired early last year. Last time I had a car payment, insurance, maintenance, gas was back in 1995. The company I worked for gave me all of those perks. Including a company credit card that I was able to charge all of my meals to, and cover some of my vacation costs on. I sometimes feel that I was crazy to walk away from that $300k a year salary.

@username00009 23 күн бұрын

Families will also keep family plans even when the children grow up because the savings can be unreal. A parent who is doing well isn’t going to sweat the extra $25 to keep their adult child on the family plan.

@Mister6 2 ай бұрын

As a viewer of your channel who has gotten over the "hump" of moving from paycheck to paycheck I can definitely say it is possible. We went from barely making ends meet in our late 30s to be comfortably on the stretch where we can choose to retire and my wife and I are both 52 now (with 2 teenagers at home). That's despite our incomes not significantly increasing in the last 15 years. We changed our spending habits using rules similar to what you promote. We also learned that once it became reflexive to save/invest the right amount, we were able to maintain a similar lifestyle to where we were before we started being smart with money. We're now at a point where our retirement is assured when we choose to stop working (likely mid-60s) and are more focussed on looking after our kids and future grandkids. I wish I had known these strategies in my 20s as things would be much better today but even starting to be smart with money at around 40 had a major impact on our lives in only a decade. That shows while it's always better to start earlier with good money strategies, it's never too late to start

@Mister6 2 ай бұрын

I definitely understand your comments regarding the last couple. My inlaws built a portfolio worth ~$5m while living on basic staples, rarely going out and never travelling. My FiL passed away about 6 years ago and I know he had regrets, My MiL is 90 in a nursing home and always complaining that she's never gone anywhere or done anything. Sure my family and by BiL's will benefit but we would have been much happier if they had left us less and enjoyed life a bit

@Lazirus951 2 ай бұрын

Same thing happened with some of my relatives. The spouse was understandably angry when she realized how much money her husband actually had when he passed because he never took her on trips and they always drove used cars.

@Someone-ji6ni 14 күн бұрын

Life is a balance, you want to save enough to enjoy your old age and handle emergencies, but you don't want to hoard money for 0 reason. You have 1 life--we need to enjoy it.

@123batina 4 күн бұрын

My grandma was hungry as a kid, which pushed her to be always saving. She lived in her own flat (good neighborhood) on a 500 euro pension. She managed to save 150 euros / month. I paid her utilities (150E - which she insisted she will refund me - ok) + she lived off cheap sausages, baloney, rice and pasta along with veggie stews and soups, alltogether wouldnt cost 150E. I sometimes bought her prosciutto, fine stuff. I even ordered a restaurant to bring her a cooked meal every day on my expense, which she canceled. Once I found 20kE in one of her drawers (cash). I got so mad, she could have been robbed and hurt because of it. I asked her is she would like to travel a bit, go to spa, seaside, anywhere so that I can organize it for her. No. Any other wishes. No, nothing. New clothes - oh she is old lady she doesnt need it. OK. I put 19k in her bank account, just so that it isnt in her apartment. I explained it to her that if she needed money she should just go and get it from the bank. She looked at me as if I took that money away for good. Old habits die hard. In 3 months there was another 500E more in the drawer cash pile. So - nothing changed.

@lesliedonovan8123 2 ай бұрын

I always take a little tidbit from each CSP analysis 😮. Keep doing this format!

@Gpchv25 2 ай бұрын

I'm interested in Ramit's take on the love yourself first principle (which I completely agree with!!) when the people you are trying to take care of are not kids but aging parents. For many of us first gen immigrants our parents are in a vulnerable position back home (didn't have investments, some don't own a house or anything else, unable to retire or very poor pensions etc). I feel like I am my parents' retirement. I allocate a monthly amount for them that suspect will only increase with time - my promise to myself is that I won't get into debt to help them but it drastically reduces my ability to invest (I do it but very minimal). Financially supporting my parents is a priority for me and the case is the opposite - they don't have time like children do! Any words of wisdom?!

@busam1578 2 ай бұрын

Just be careful, you don’t want to put your children in the same situation you are in down the line. It’s a delicate balance, and I share all your fears for my situation as well.

@LucyPooh777 2 ай бұрын

Excellent comment! As I’m sure a lot of us first gen immigrants are in the same position as you are, wondering the same thing. Although Ramit might say helping our parents financially could be part of our goal to lead a “rich life” but balancing it without leaving us financially stricken in our own life is the most challenging part. Plus as immigrants, we’re almost expected to do this type of parental assist.

@Sandie_J 2 ай бұрын

Yes great question. I’m in the same position.

@IAmebAdger 2 ай бұрын

It's hard, but there are lots of efficiencies you can make, like advising them on how best to make use of the money, or sending them a variable amount based on how the stock market affected your portfolio this year and how their needs have changed this year.

@gabygrand 2 ай бұрын

It makes no sense to use a 529 when youre in credit card debt. Credit card debt is 15-20% interest. 529 is gaining 5-10%. If youre in a 529 but in credit card debt, you are stealing money from yourself and your kids

@bteplik 2 ай бұрын

I like both formats! This format leans more toward the practical side, while your work with couples leans more toward the emotional ties money has. Both are valid and necessary, and I've learned from both. That said, I'd also love to see more content for singles. As a single woman, it's actually been suggested to me a couple of times when I talk about finances that I should get married. Um. A Man is Not a Financial Plan. XD This might be too niche, but it would be awesome to see you interview/look at the CSP of a single person who owns a business (an LLC, not an S-corp). It would be super helpful to see how people handle those taxes.

@arstorte 2 ай бұрын

I can appreciate Ramit not wanting to produce content for single women. Personally I love the niche on couples because the dynamic between two people is an added layer of complexity. As a fellow single woman, @bteplik, I've found both the Financial Feminist and Money Feels podcast to be a nice addition to Ramit in my weekly rotation. Both have a similar "rich life" philosophy to Ramit but may speak more directly to some of the content you mention you're seeking. Cheers!

@bteplik 2 ай бұрын

@@arstorte Agreed on the couples dynamic! I’ve been learning a lot regardless. I just think it would be cool to have both perspectives: a couple trying to mesh and singles trying to figure it out before (or without) meshing. 😊 Ooh thanks for both of those suggestions! I’ll check them out! 🤩

@RiverasHotWheels 2 ай бұрын

@ 19:42 he’s right. I live in Los Angele. Some houses we saw last year ($720k - $780k) mortgage is $4,400 a month 💀 Our rent is a lot lower than that for the same size of house! Yes rent increases yearly and although we could buy a house, we chose to rent right now till it makes better sense later. We enjoy our guilt free spending 😁

@frankpace5510 2 ай бұрын

The factory metaphor about continuing to always invest to avoid rusty machines inspired me! Thank you. So true.

@woboznz 2 ай бұрын

Single women could do with your help & guidance Ramit! 🙏 just a suggestion for future content from a self employed single girl

@elmateo77 26 күн бұрын

I mean math works the same for single women as everyone else, spend less than you make and invest for retirement. Biggest thing I'd say is don't accidentally get pregnant, nothing ruins finances like an unplanned child.

@elmateo77 24 күн бұрын

@@woboznz Fine go on thinking of yourself as a perpetual victim, I'm sure you'll have a happy and fulfilling life.

@AaronHernandez-ko6rr 2 ай бұрын

Outside of the great analysis, you are hilarious. Was cracking up on some of the commentary

@Zadnak1 2 ай бұрын

30 seconds in, and I already love the editing in this video. Great job video production team!

@LarisaC. 2 ай бұрын

Agreed. Great editing.

@elnoraabduqadir2297 2 ай бұрын

I love this video. Simple and straightforward.

@ramitsethi 2 ай бұрын

Glad you like it! Thanks for watching

@sf3413 2 ай бұрын

I was shocked when I ran the buy vs rent in my area. All my life I heard buy a house, same with my husband. We've literally lost out on hundreds of thousands buying rather than renting and investing the difference over the past 16 years. Dang!!!

@user-tv3dg8yg3h 2 ай бұрын

Love this! Love the visuals, the concise comments, and the targeted advice.

@matthewwitte3832 2 ай бұрын

This is great! keep this format going forward, maybe add in their professions, goals, big wins, challenges, etc. Basically the highlights of three of your weekly guests with probably a lot less work to produce! Also, you could look at single individuals, students, low vs high cost of living locations, single parents, etc. the possibilities are endelss

@jcabslovesu2 2 ай бұрын

I have an excel file of grocery list cost for Costco, Safeway and 99 Ranch and i used it weekly to compare prices on which place is cheaper to get example meat and we go to that store to get meat. I find that Asian stores like 99 ranch or seafood city are so cheap to buy meat compared to Safeway or Costco. A large pack of chicken cost us $6. We live in Cali btw. So every week I update the cost my excel so I can project how much our grocery will be for the following week. Also this is a chance to see how much these grocery places increase their prices almost each month. I find it a helpful way to maintain the grocery budget as prices gets higher.

@mnlipat 2 ай бұрын

That is some serious dedication! Nice job on actually keeping track

@jcabslovesu2 2 ай бұрын

@@mnlipat it is dedication But I enjoy doing it also. We currently live on a single income (no kids) while my husband finishes his masters (thankfully no debt, his parents are helping). So we really need to stick to a strict budget. The cost list helps so much! Thank you!

@nagarpoe 2 ай бұрын

I'm interested in seeing how much your monthly grocery budget is for the two of you. We live in northern California but not near Asian stores (unless we drive over an hour away). On a lucky month, we spend $450/month for groceries. Not eating steak or anything. No kids either

@jcabslovesu2 2 ай бұрын

@@nagarpoe no kids here either, we live in the bay. Our monthly grocery is about $450-600. And we buy steak and chicken and pork from Asian store to cook so it can be kinda expensive. But we don’t really eat out to restaurants so we’re kinda ok splurging on good grocery meals!

@nagarpoe 2 ай бұрын

@@jcabslovesu2 ah ok, we do too much eating out (not fancy but even fast food is crazy expensive) , $450 for grocery is not considered too bad then (we just need to stop spending on eating out) , thank you!

@VivComments 2 ай бұрын

Great analysis! My only comment is that for people like #3, besides vacations and coffee, you could suggest that they look at how they want to give back as part of their rich life.

@elmateo77 26 күн бұрын

If they have high incomes in Cali they're probably paying close to 50% in taxes, and most of that goes to welfare programs. I'd say that's giving back plenty.

@msbtonify 2 ай бұрын

I love this format. This part is what I pay attention to on the podcasts. Seeing other people's CSP helps me with adjusting my own CSP and hearing Ramit's feedback also helps me adjust my CSP.

@mansipatel38 2 ай бұрын

I am so glad I found your channel. Learning more everyday and can’t wait to apply this asap! Also, I enjoyed this type of content as well as the couples financial breakdown sessions. Thanks, you are the goat 🙌🙌

@kevinsullivan1833 2 ай бұрын

My CSP is very similar to couple #3. We have been saving aggressively, renting a tiny place, to buy a home in NYC. But the market is so insane that even after all that hustling we still can’t afford a fixer upper in a far out neighborhood in Brooklyn. 😢 Maybe they’re in the same boat.

@brendamclean8447 2 ай бұрын

Once again, another awesome learning video! I love your content and the way you communicate your knowledge! I’m absolutely hooked on your channel, it’s so awesome to see you fixing mistakes for everyday people!

@2passportsandpostcards 2 ай бұрын

Ramit, I loved this! The CSP is my favorite part of the conversations you have on your show, so keep going!

@maxsck 2 ай бұрын

Love this format it's so good!!!!! We need more of this Ramit!!!!

@SunshineandSand88 2 ай бұрын

More of this!!!! So so good

@travelnurseadventures3225 2 ай бұрын

omg love this video--love seeing the numbers and seeing different people's spending and a solution to their Rich Life! Fav video!

@sabinaebay 2 ай бұрын

Looooved this !! Especially the last segment

@clarklowe5632 2 ай бұрын

The one thing I would say about guilt free spending is at some point if you make enough 20% is more money than can reasonably spent by some people separate from other budget items. I would say the vacation fund is some of the guilt free spending. Being able to not save for vacation but just decide to go to Hawaii or skiing in CO because there is a good deal on a spur of a moment is guilt free spending. Some grocery shopping can be guilt free spending say getting high end beef or caviar. Wine can be guilt free spending but be included in a large grocery budget.

@ohasumirawr 2 ай бұрын

This definitely. We make a bit more than couple #3, and 20% of our takehome is close to $6k. There's just no way we can spend that much every month. So what makes more sense for us is putting more in the savings category for vacations, home improvement, gifts, etc. Since really, that is what we would consider guilt-free spending. Like we've given my husband's parents 10k for a home renovation they needed, and I'm giving my parents 9k to remodel our ancestral home's bathrooms.

@Algarinaruto 2 ай бұрын

Thank you so much for the intent behind presenting 3 CSPs from 3 stages early in life. From a young couple to a healthy financial team. Loved Ramit's analysis on their overall financial health and greats tips to apply to our CSP on a day to day. Forever grateful 🙏🏼

@casachenpo4370 2 ай бұрын

Great episode! Loved the multiple CSPs format and learned something different from each profile. Thanks Ramit for continuing to educate and inspire us to reach our own bigger rich life goals.

@mzcain1521 2 ай бұрын

More videos like this please!!!!!

@letschatfamilyfinances 2 ай бұрын

I like this format much better than the longer video interviews!

@amymadden1109 2 ай бұрын

Really love this video, it’s a great format and easy to understand.

@marebear18373 2 ай бұрын

It’s great how much you can extrapolate based on the spending/saving patterns alone. Great video. Would love seeing more.

@markfiala6730 2 ай бұрын

I like this format. The main videos I sometime want more details on spending

@user-zr3li5ur3m 2 ай бұрын

Hi, I love your content. I just wanted to add another perspective to your take on the high saving couple. I cannot speak for them, but I also save/invest about 50% of my take-home pay. I live in a small appartment, not so much to save money, but because as a single person I do not want to spend more of my time cleaning it. I live in a university town and the uni is on the other side of the street, so this being Europe, public tranport is fantastic and having a car for one person simply is not worth the hassle. The things I like to spend my time on do not cost much in money terms and when it comes to shopping..well if I go to hell, they are going to force me go shopping all day, since there is no better way to torture me. Whether it is clothes or furniture, I just hate the process, I prefer putting my brain to more interesting stuff, I just hate it and only do it if I must. Combine this with a decently paying IT job and you end up with a 50% investment/saving rate without forcing anything. If something really improves my life, I already spend money on it, since my investment rate is way about my target range anyway. I guess, I'm just weird...

@ToddVenable 2 ай бұрын

This is fantastic. Keep these types of content coming!

@liliana3316 2 ай бұрын

I really enjoyed watching you analyze each of these couple’s income. Great content, thanks Ramit!

@nananananessi 2 ай бұрын

I love this type of videos from you. Please make more like this!

@tpjames1312 2 ай бұрын

I enjoyed watching this so much! Looking forward to seeing more couples.

@MooreStationery 2 ай бұрын

Loved this. Would love to see more.

@beepdotboop 2 ай бұрын

I am like #3 on your list and am saving towards early retirement. I also have really simple needs and honestly traveling isn't something I care too much about so it's easy for me to save. What am I afraid of? I don't want to work for someone else my entire life and would like quit and take the risk to run my own business full time so that's basically what I am accounting for now. That just sounds so exciting to me. According to my math, if the market stays consistent, I can do this in 4 years (or earlier if the side hustle takes off) at age 45. Can't freaking wait. I don't think being #3 always means there is something to fear

@sukhstan 2 ай бұрын

Great info like this review of CSP Thank you!

@n64luke123 2 ай бұрын

I've watched a lot of your videos, as well as other fin auditor channels on here. While I appreciate all the behavioral and backstories to peoples personal finances, this format proves you can reach almost the same conclusions just looking at the numbers. I find this personally more interesting and digestible overall. Keep it up.

@dezstepz2427 6 күн бұрын

This is so great. Glad to have found this channel!!!!!

@Jupiter88844 2 ай бұрын

Do more of these videos too! I like them all 😊

@jeromehenry4484 2 ай бұрын

Love this financial podcast with just figures, not heavily centered on emotional issues. Hope to see more of these too! Would like to see a breakdown in "Insurance" category. Sometimes looks extremely low, especially for couples that own a home, 2 cars, have at least 1 child (usually more). A single person without children having only 3 months of emergency fund is okay, but a married couple with children need a minimum of 6 months emergency fund. If they have not built that up, then they really need to sign up for Short Term & Long Term Disability Insurances at their employment. Then it becomes OPTIONAL if they want to keep Short/Long Term Disability Insurances once they reach their Emergency Fund goal. (I personally kept them because I wanted an additional layer to tap BEFORE tapping actual Emergency Fund.) Term Life Insurance is even imperative for single people without children; get it while you're in 20's while you are still relatively healthy & can easily afford a large policy. (No, I 'm not an insurance agent, but was a caregiver for 16 years for 3 family members. It's rough! If I'm gone, then who takes care of family then? They must have funds from Life Insurance to pay for all the daily tasks I did for free.)

@charlottetttran 2 ай бұрын

Love this! Would love to see this as a monthly series! I think every week will be too much.

@totadol Ай бұрын

I like this video format please do more of them .. very insightful

@tessjune88 2 ай бұрын

I love how you show that just because you make MORE money doesn’t mean you’ll know what to do with it. It’s a practice in how you build your life, finding balance and knowing what’s priority for yourself. The last CSP was fascinating and cool to see.

@JD_Lakad 2 ай бұрын

Great addition to review. Very applicable to us.

@lindaanderson1016 2 ай бұрын

ABOUT HIGH FOOD COSTS: We invest in our health by buying pasture raised eggs, some fish, meat and fresh produce. Avoiding GMO / Round Up sprayed food. I shop 6 different stores for deals. Our food bill, in our 60s, is crazy high. Hundreds on a lower income. Almost nothing needs to go to medicine, although one is diabetic. Better to spend on salmon and berries we enjoy, than medicine.

@AnthonyLeNguyen 2 ай бұрын

More segments of analyzing finances like this please!

@kyleferguson8196 2 ай бұрын

Come on man… the second couple, telling them to bring it down to $200/month. Pleeeease tell us how to feed a family of 4 for $200/month in groceries….

@lindymapendo5891 2 ай бұрын

He’s saying to lower it by 200$ - so from 800$ to 600$ which might be tight but is totally doable!

@Mrojventura 2 ай бұрын

Not if you want to feed them processed foods. In a high cost state like CA and NY is 600 for a family of 4 is a joke in todays market we are looking more like 1,000 is the going rate getting nutrition rich foods and quality meats

@arfo8353 Ай бұрын

We spend $2200/month on food & household goods.

@lilpinky5303 Ай бұрын

@@MrojventuraI don’t know what grocery store you’re going but $600+ for groceries for a family of 4 is way too fancy

@ExpansiveReviews 2 ай бұрын

Love this format! It’s a lot of fun to watch 😊

@Financial_CleanUp 2 ай бұрын

Sure is! Nice to see how others are spending.

@3DPrintingMagic411 23 күн бұрын

The way you teach along with the book Die with Zero have really shifted my money habits which has allowed me to spend more consciously

@GioTechEvolution 2 ай бұрын

New viewer, very nice reminds me of Caleb Hammer without the yelling lol I like the concept and key visuals. Hopefully the algorithm brings me back to one of your videos

@srl0003 2 ай бұрын

Really enjoy this style of video. I’m definitely like the third couple who is aggressively investing. My goal is to retire early and also after being laid off during covid, I’ve gone into hyper saving mode knowing I could lose my job at any moment. Great video, thanks!

@melissablakely3394 2 ай бұрын

yes, this is a great format! love it

@toribasso2432 2 ай бұрын

Really great video Ramit! Enjoy it and I would love more of this content

@punisher6659 2 ай бұрын

Hello from St.Louis and thanks for your content.

@johnwaller9399 2 ай бұрын

Love the video! Looking forward to future segments.

@girzime3 2 ай бұрын

I LOVE this format. Keep it going.

@debbiemurphy5050 2 ай бұрын

Ramit- I would like to hear your take on this new concept - well it's new to me, of Velocity Banking for getting out of debt. I've been seeing videos on Velocity Banking versus debt snowball for debt relief and I would like your input on velocity banking on a future video. I enjoy watching and keep the videos coming! ☺️

@AlexFlavell 2 ай бұрын

Please make more of these!!!

@IAmebAdger 2 ай бұрын

This is great, keep this format in the mix

@haileynichelle8343 2 ай бұрын

Loved this! Thank you

@shlooganyah 2 ай бұрын

I love this format! Hope to see more

@judijudijudiii 2 ай бұрын

I love this idea!! Great video Ramit!

@lscparks 2 ай бұрын

I like this concept. Keep it coming!

@claudetterobinson67 2 ай бұрын

Much love for you Ramit!!! 💕

@Michelle-bw1xg 2 ай бұрын

Love this video format!!!!! More like this....

@ross-smithfamily6317 Ай бұрын

LOVE your channel, which I just discovered! ❤❤ In our area (not inner city or high crime), public transportation can be scary. Too often, you get to sit next to people on a bus who talk to themselves 🙉 or act like they fell into a vat of chemicals fresh out of a "special" lab. This is a huge reason *why people don't use public transportation here.*

@gabriellecurboy8890 2 ай бұрын

I love this type of video!!

@elenaosipova9713 2 ай бұрын

Love this format!

@Letsgohsiwb1782 Ай бұрын

Love this series - subscribed!

@davidplugz 2 ай бұрын

We need more of these

@technojunkie123 2 ай бұрын

I love how you’re not afraid to call out people who save/invest too much! While that’s definitely an enviable position to be in it’s super important to use money to fund your version of a rich life rather than only your portfolio

@mobilemachine1578 2 ай бұрын

This. Is. Such. A. Good. Exercise. Very helpful!!

@jakeandsarahhealthnuts3299 2 ай бұрын

Loved every minute of this video. More please

@alcubierre-drive 2 ай бұрын

Loved this video. Great format. What sort of advice would you give for "Let's dream a little bigger"? I think that's hard for folks that tend to focus a lot on saving.

@supershellybelly12 2 ай бұрын

Love this format, would be great to get a reaction from the couples! Is there a video somewhere on combining couple finances? It’s mentioned a lot but I can’t find one…

@cecilia2001 2 ай бұрын

He uploaded it 2 weeks ago

@user-sj6tn7nw6b 2 ай бұрын

LOVE YOUR CONTENT!!!! MANY THANKS!!!!❤!!!!

@CreativeHomescaping Ай бұрын

I am retired now but worked in commercial real estate and finance my whole career. I always did aren’t vs buy analysis when evaluating housing type investments to see if demand would be there for rental or condo units. I do believe that the best way to build wealth over the long term is to eventually buy your own home but agree that in CA the prices are so high that renting makes the most sense right now for most people. You do not want to be “house poor”, meaning that you have a house but you are miserable because you don’t have money for anything else.

@texaskid4444 2 ай бұрын

Do this every single week please

@JakobRoseMorrison 2 ай бұрын

Parents who prioritize their kids education cost over their retirement investments are hurting their kids anyways. Kids should NOT be your retirement plan!