I have just had a interview today for my second job and got it so now I’m working my two I’m excited fr

Wow Dave Ramsey is a jerk

If you want the big house, then eat at home and do easy vacations, like a nearby hotel with a pool. Swim in the lake. Take hikes with the kids. Appreciate the small stuff and teach that to your children or they will become demanding entitled teenagers and that’s a lot more expensive. We write out a menu each week and try to stick to it. We eat soup at least once a week, from scratch. We freeze leftovers so there’s no waste. Some of your expenditures would actually be easy to eliminate and you’ll miss them at first. But you’ll adjust and begin to love the simpler things. Vets are expensive! If you want to afford a dog, cut something else out. Trust me, you’ll be glad in the long run. Pay off the house early.

Eating out. 2 people. $150 month, approximately.

The Restaurants, & Disneyland really did a number on your finances. You feel that because you make so much money you can justify what you do but now it's imortant to cut back. Also alot of couples do what's known as as a Money Date, where they go over the finances like a fine toothed comb. Another good thing to do is calculate what you made and then check out what you "spent". If you spend more than you make that's when the problems take place.

Yep. I've lost all respect for you. And I ain't joking. Dude if I was earning as much as you do, I'd have become a millionaire in just 10 years...i repeat, in just 10 years. You're just blowing up all your hard earned money.

In India , living the same way i am spending with 2 parents 1 kid and a spouse who is not workinh and living in a rented house, with a car, 1000 dollars. And that too in most costly city in india. And we are building 2 startups with investment of 9000 dollars from my saving. As an indian marwari we are taught that even you are rich or poor real happiness comes from low spending. Always ready for future.

MY paycheck is less than half of your's and my mortgage is a few hundred more than your's. I'm putting maybe $50 a month into 401k. I don't see how you are living check to check. You have the option of changing your 401k for a bit and you'll be fine. I'm skipping utility bills to pay other bills; it's always juggling to survive, while the illegals get free rides.. This country is GREAT!

823/month. Give me that check.

Subscribed bc you get to the point.

people are fucking stupid

Try to give 10 to 20 % to charity every month or week because you ll feel so accomplished.. imagine sponsoring a kid , giving money to a church or synagogue or to a st jude or your favorite cause ! You Will Automatically be a winner . 🎉🎉🎉

U must be doing decent with ad revenue at this point .. im thinking at least $175 per month

Its hard i think the best way for you to save is getting a better morgage or rent ... imm thinking.. plus imagine how Less stressed youd be

Make homeade taco 2xs a weeks you ll cut your eating out some

zoom skit for funny as shit. A+++++ bhahahaah <3

$700 a month eating put is crazy. Our mortgage is not much more than that a month. We are a family of 3 here in the UK. At one point we were a single income family. What I did to save money was take say 10% of my salary after tax and stick it into savings. When I got a pay rise I would stick that into another savings account and forget about it. That way we have not fallen into the trap of spending more with the increased income. We get points with the supermarket we buy our groceries from and every few months we cash them in a use them when we eat out. We paid off around 10% of our mortgage in the last few years. My wife and I both work now and combined we earn less than £70k. We live comfortably and we can afford to go on holiday and eat out from time to time. We do not have credit cards and my salary covers our mortgage and household bills. We keep a buffer of around 3 months take home salary in case we need it. I wish I had been this sensible in my 20's and 30's. I could have bought a nicer house 25 years ago when I was single and I could have been mortgage free now. I would say live within your means and when you get a pay rise put it into your mortgage, savings or both and pretend you do not have it.

Yes. This is why you need to have dual income in America if you plan to own a home and have a family. This is why tens of millions are entirely opting out of this whole thing. America has a serious serious catastrophic problem on the horizon with housing prices and the way housing is unregulated and allowed to be an "investment".

Jake, I'm not trying to be mean. Or anything. But you have one of those women who wants to go on vacation even though she doesn't work. I only say that because I got divorced 7 years ago just as a heads up. If I could do it all over again. I'd be stalking some money. For if something happens when you tell her no more vacations, just my personal opinion

This was such a sobering video to watch. Much respect for opening up your books to the world wide web to make a point. Well, 2 points (I got out of it) - if we don't watch our spending like a hawk, it can get out of hand pretty quickly. Also, a $129k salary is NOT at all what it sounds like. That's why even a $100k salary is now (in today's economy) the new poverty line. 🥲

There's too much stigma around salaries, everyone acts like you can't talk about it.

war

Dave is conflating salary with paid by the job

Thank you for sharing this information...👍🏾

Our eating out is 200 or less a month but our groceries are 1000-1200 a month

I'm retired pretty young, in my early 40's.. I'm not sure how you do it, to have to worry about money and work until you no longer can work or die.. the years will fly by and it will be like this every year, but worse when inflation goes up and your salary doesn't keep up.

I’m curious why you think a 401k is betting on your ultimate failure? Most Americans will not be able to live off of social security alone when they retire, so 401k money allows you to live a “normal” life in retirement. Or to able to retire at all 😬 that was my understanding!

This KZfaq video is a joke and BS!! My husband and I have a five-figure income and are doing fine. Most people don't realize how to live within their means, and it's their own fault that they can't manage their finances.

Thx for your honest

This is just another video that shows how uneducated people are about money.

bro spent like 2000$ in a month on shit he doesnt need…….

Right when I saw babysitter.... I knew.... F*** having kids

Live within your means

$892 for groceries for the month is cheap!

1,312 a month on youtube

I live on 24k a year. Don’t spend money on things you don’t need. You don’t have to have the newest and best. How often do I eat out? Maybe once a month. Grow a lot of my own food too. If you’re that much in the hole with what you make, I’d hate to think how far you’d be if you made a million a year.

Family of four eating out we spend i think around 100€/month.

Props to you for being this open and transparent. But let me get this straight. You "earn" $139k per year, which is $11.5k/month. And your take home is $6.6k /month which just over half of your salary. Buddy. This is the problem, not the rest of your "spending." You are scamming yourself with taxes and deductions.

Same here. I'm a sr sql dba...

We have 5 kids. I do not pay for a baby sitter, we only eat out 2 times a year. No vacations. I have a homestead with fresh food and milk that I have learned to make quite gourmet meals that are far better than restaurants, and my kids prefer my icecream and pizza. My homestead is beautiful. I prefer to stay home. I have made energy upgrades like radiant barrier in the attic to keep out heat in the summer and IN the house in the winter.Clothes are second hand but in my state, it is wealthy, and I buy nearly unused and new items for nearly nothing. You def need to make alot of changes in your budget.

Gain the world Lose your soul! When will ppl realize, Material wealth of this world is nothing but a SET UP ITS A TRAP - its not even real. Its manipulated matter Illusions. Imaginations Money is nothing but printed paper In reality, All your wealth is just TREES 😂 SATANS OLDEST TRICK N THE BOOK SMH

I'm not rich or an expert anything. The succesful people I've met would pay up bills for the year, to build wealth the rest of the year. 🤷‍♂️

401K feels like you are betting on yourself to fail? Because you are not likely to have a million in 401k by 59?

You failed if you can’t turn 6 figures into a small fortune by the time you retire

They will always cut you *just* under what you ask

i ain't never heard anyone say a 401k is betting on yourself failing. that's literally so shocking to me. please save for your retirement yall 😭 as young as possible in fact

Within the first 2 minutes, you say you’re saving 12% of your income for retirement. That’s not paycheck to paycheck! Do you know what paycheck to paycheck means?

100 a week on eating out includes lunch as well. Try to keep it low. Back then was bad spending 300-400 a week. Includes 2 adults 2 children.

He is an old fart. people ain’t slaves. They are allowed to do multiple jobs.

Sure there’s room for improvement, but it’s not really living paycheck to paycheck considering that you have planned savings/investment contributions. If you exclude those, you could probably say that Bezos is also living paycheck to paycheck