Відео

Thank you. I am in my first few days of getting control over my money & cut my 2 cards up today. It had to be done. I’m looking forward to my debt-free freedom in about a year!

Never get a charge card….We climbed out of debt by using Zero Percent Interests!

I'm 66 and growing up 10% was the normal tip. At some point it went to 15%. Now some places want 20%. I do the 15% minimum, more if the service is good. Won't be quilted into it.

I have all but stopped eating at restaurants due to the increased prices, smaller portions, and out of control tipping expectations. The entire economy is out of control, not just tipping.

I was in a trinket shop in Cozumel. When I checked out, they asked if I want to tip. I said no and fumed as I left.

I don’t mind tipping as long as I get good service. And at the end.

TIPPING has never been out of control. ASKING for tips may be, but im sick of hearing about it. If you've never worked in the service industry, you should just be quiet about it. You think the waitress who took your phone order, packed it, and made sure everything was correct privided no setvice? People who complain about tipping just need to stay home.

As a former waitress……I gave excellent service and met the needs of everyone…….I made $120 in tips on Sunday Mornings…in a tiny town 1987

I would like to comment..when I stand at the counter and order and they want a tip..I have not even had the opportunity to appreciate the food, this has been an issue to me too…Someone once said..If I stand to order…I do not tip

I don’t eat in restaurants anymore, just order pick-up to avoid tips

I tip well when I have had great service. Isn't it enough that we drove to their business & chose to do business with them. Now they EXPECT a tip? 18% now everywhere you go, just think of how much that can add to your household budget monthly. Not happening here. I refuse to tip someone who is just doing their job! Way out of control. I refuse to follow the crowd.

If you put tip on credit card, there is no guarantee that server will get it. My son's college summer job was waiter in small restaurant. The owner collected tips left on credit card; he then " distributed" tips at Christmas, in check form. By Christmas, most of the summer service staff had left and he moved back to college. The owner kept the tip money. I keep cash in all denominations on me. I hand the cash tip to the server.

They've done this experiment over and over - servers that get paid a living wage instead of tips LEAVE because they make more money on tips. There's more to this story than greedy restauranteurs

what episode for the cash envelope?

Do you tip if service is good but food is over priced or quality is not great?

It's true but inaccurate to say that the minimum wage for servers is $2 an hour. That is prior to adding tips. If the server does not earn enough in tips to bring it to the normal minimum wage, then the employer is obligated to bring their wage to the normal minimum. I have never heard a server advocate for getting the prevailing hourly wage and to ban tipping. Quite the opposite. That tells me that they make more money with tips than they would if they were getting paid what other workers are.

I just stopped tipping anywhere, dont tip at all.

The tipped minimum wage is meaningless. Also the so called tipped minimum wage is wage paid while they get tips. If their tips don't bring them up to the regular minimum wage the business needs to make up the difference. Tipping is the most efficient way to transfer cost of the service to the provider of that service without the business owner taking a piece of the action. Places can ask for tips but is voluntarily. Guilt tipping, just get over it, don't tip unless they did provide some service. For a simple coffee, I don't mind tipping, so what 60 cents. It is a trivial amount to give to the person who helped me despite it being a stand up counter where tipping is not the norm. Tipping is a win win win for business owner, server and customers. Tipping creates a split loyalty between the business and the customer. Normally making the employee loyal to the customer rather than the employer is negative, but when we talk about the service industry supporting the customer brings back business which helps the employer. It isn't the cost of the so called tipped minimum wage isn't what creates the incentive for the employer to have servers work for tips, it is the satisfaction of the customers that makes it worthwhile. For anyone who has spend considerable time overseas where tipping is not the norm, they know servers are not responsive to customers as they are in the US. People from overseas are always surprised at how pleasant waiters and waitresses are in the US.while in Europe they act like serving customers is an imposition. And for the people who act like the food industry should pay a "living wage", but somehow complain about giving a tip to their server, this is a silly argument. I would argue that most servers who get tips would rather get their tips than the regular minimum wage and no tips as the tips, while some will stiff them, on average will exceed the minimum wage for one who actually puts in the effort. It is also ironic that if there were n tips and cost of service is rolled into the price, the price would be higher and the business would naturally need to make a markup on that higher wage they pay the server. The least efficient way of transferring money from customer to server is by rolling service into the price. Unlike those who claim to be for a living wage and complain about paying more, I am happy to top and I will make sure the tips I provide for the hour to two hours I and whoever is with me that server will get more in tips than a so called "living wage". I personally if serving would rather have it in my power to earn tips rather than be stuck at a fixed wage.

I have to disagree that if I go to a sit down restaurant where tipping normally occurs, that Its on me for not being prepared. Oh no, I'm prepared...I'm prepared not to leave a tip unless the server earns it. And if I'm getting take out, I will NEVER leave a tip. I'm paying for the food already, I'm doing the leg work to go get it, I'm standing in line. Not a chance I'm tipping.

I think the thing with coffee shops/standing orders, tips were really just the excess change you’d toss in the jar before everything went digital in the 2010s and cash became less common (even more so after 2020). So you weren’t necessarily tipping a specific amount for a service, but if you had a buck or two to spare you could toss it in. But asking me to pay 20% on to-go food that I’m already paying way too much for is ridiculous and the machines are sorta set up to make you overtip if you’re going too fast or just wanna bounce. It’s such a crappy situation all around.

Just don't tip except for good service, The minimum wage depends on where you are. In Los Angeles it is $20 at fast food places, $15 everywhere. In Kentucky, restaurants can pay $2.63. BIG difference. No, I don't tip carry out.

Great Video. We tip well when service is rendered, not when we are guilted. I recently gave a 100% tip to the PetSmart employee who gave my German Shepard a bath...one look at her and I knew she deserved it and probably quit after that day.

There's a sign at a local tire store that tipping is accepted. I had never thought about it. When one of the workers was checking my tires in cold weather and rain, I was happy to tip the man!

TIPPING SHOULD BE REPLACED WITH PAID BENEFITS AND AT LEAST MINIMUM WAGE. TIPPING COULD THEN BE ROUNDING UP TO NEAREST ONE OR FIVE

If I have to order standing up I'm not tipping

Either way you look at debt it all means you could not afford to pay cash so you decided to pay more for the items by paying interest and your gambling you pay off the loan and do not lose your job

I paid off my car

Not totally set it and forget it. I do check things maybe 2 times a year. Have not had to make any changes for 20 years. Our aggressive growth funds have out performed most index funds over that time period. Then have the more reserved cash producing funds that are still beating inflation. So quite ready to pull the plug on this work thing. Have not counted on any inheritance so anything we might receive from parents will just be a blessing or added icing on the cake.

Actually the biggest problem with inheritance is that we are still waiting for ours at age 67! Mom is still alive! So it can’t be a plan! Obviously this goes both ways. People planning to leave money to their kids need to give it away early or plan on the grandkids.

So Set it, Forget it, Regret it?

Awesome pod! You guys have great chemistry. The inheritance part is so true. You may have to wait 20-30 years longer than you think for your inheritance. And that's if a nursing home doesn't gobble up all of it. Better to look at it as a bonus if it does happen.

I've ran mine up and paid em off in a few months...I think I'll just keep them in the dresser drawer

Beanies are a better investment than crypto at least

Got to see the jump suit in an upcoming episode. Great money saving tips

yes I want to see you in your 1990 jump suit on the next one.

yes

yea take heart 16 : 33

You can freeze 😮a credit card

I have been really looking at some high dividend ETFs. I won't get RICH but it's easy money for sure

First time watcher, Joe is the best

Lets make this abundantly clear once and for all on how a real mature adult uses Credit Cards properly, the way they were always meant to be used! What would make someone a actual Credit Card person? The first step is to find and obtain a Credit Card that has some kind of an actual rewards benefit to you, that will actually benefit you in some way, shape, or form whether that's cashback or airline miles that add up that you will actually use later on in life. So, Credit Cards that can benefit you with a little extra in some way. If there are no extra rewards, its a bad Credit Card choice. Second, for those who aren't aware there are different level Credit Cards, usually levels 1-3, but some Credit Unions do have a level 4. These different Credit Card levels usually indicate experience, higher credit limit, and an increase in reward benefits. For example, I once had a level one Rewards Credit Card with a 0.5% cashback rewards and then as my Credit Scores increased I qualified for a level three Rewards Credit Card which increased my cashback rewards from 0.5% to 1.5%. Three, in order to use all Credit Cards responsibly you have to know what the Max Credit Limit is for each card, you have to know the APR interest rate for each card and is it currently active on each card? Next you need to know or figure out what is 30% of your Max Credit Limit for each card? For example, if your Max Credit Limit is $2K, then 30% of that is $600. Those who are Credit Card people and who use them responsibly and wisely, spend no more than 30% or less of their Max Credit Limit per month and then pay off the Total Balance for each Credit Card when its time to pay, without fail. Because this process is the recommendation of all 3 Credit Bureaus. Credit Card responsible people don't spend money on a Credit Card they don't physically have sitting in their personal checking accounts. They won't go spend $5K on a Credit Card when they only have $1K or $2K in their personal checking account because a Credit Card is not free money, its just an extension of your bank account. And if you leave a remainder balance on the Credit Card because you couldn't afford to payoff the total balance when its due, then the APR interest gets multiplied by the remainder balance which means you just lost more money out of your pocket and gave it away for free to your bank, that's how they make there money off of you by hoping and preying that you will be irresponsible so they can continuously make money off of you! The only time one should spend more than 30% of there Max Credit Limit is when its an "Emergency Situation" and you have no other choice because these situations are usually one off situations. If you continue this proper process consistently for 6-12 months it will begin to massively affect and improve your 3 different Credit Scores in a positive way. Those who are Masters of this process, of having a high Credit Limit but only use 30% or less each month, do so repeatedly. Because they have great patience and discipline and live within their means. These are the type of people who obtain 800 or higher Credit Scores within a year or two of use of this consistent processes! And then those who finally reach 800 or higher Credit Scores on average spend 10% or less per month of there Max Credit Limit and yes this even goes for having two or more Credit Cards. If you have two or more you need to be spending 30% or less for each of the Credit Cards but also spending 30% or less of the combined Max Credit Limit of all your cards. After so long of doing this proper process with Credit Cards it will increase your Credit Scores, it will increase the different levels of Credit Cards you can obtain, and it will increase your overall Max Credit Limit over time as well. For example, in the past few years one of my first level 3 Credit Cards went from a $5K Max Credit Limit, to a $6500 Max Credit Limit, and then a little over a year later it increased again from $6500 to currently $7800 Max Credit Limit, which did allow me to increase my spending on how much I can charge on the card but still remain under either the 30% or now 10% amount. You can wait for this increase on your Max Credit Limit to occur naturally over time or as your Credit Scores increase by about a 100 points or more over time you can call up your bank that you got the Credit Card from and they can pull a hard copy of your Credit Score to see if you qualify for either a higher level Credit Card or an increase in your Max Credit Limit of your current Credit Card. Also, if you don't own a business you shouldn't have more than 3 Credit Cards Max in your pocket because after that Creditors begin to see you as high risk, unless you bring-in major 6-7 figures for your household income. These are the hints, tips, and tricks of proper use of Credit Cards that one should learn within your Senior year in High School but you don't! And yes, I know what I'm talking about because 1/3 of my current Credit Scores are above 800 and the other two are currently in the high 790's. Credit Cards themselves are not a bad thing, because they are just products and tools just like a firearm. Firearms themselves are just objects and when they just sit there, they are harmless by themselves. They are harmful when a person grabs hold and uses them wrongfully and irresponsibly, same thing with a Credit Card. Every single time I think about a fantastic example of someone being incredibly irresponsibly with Credit Cards I think about Season 4 Episode 2 of the 90's sitcom "Step-by-Step" when the oldest son "JT" gets his first Credit Card in the mail at age 18 and goes hog wild with his spending, thinking its free money, buys a ton stuff, takes on 14 additional Credit Cards stores at the Mall issue him, and racks up a huge Credit Card bill and he thinks its all free he just has to pay a small fee each month, but he's truly clueless how it really works! Another great Financial Literacy UA-cam show online to watch for free is like 9 Seasons of "Till Debt Do Us Part" by a Canadian Financial Guru of 30-40 years experience who also deals with relationship issues and rescue challenges that money problems can cause within couples and families. I too am a UA-camr under my Full-Name with the same profile picture as this post. I currently have 242 Subscribers, 45 videos, covering 25 different category subject topics sharing my personal knowledge and experiences to help others with "Adulting 101" topic subjects to help others improve their overall adult lives, if I can. About 8 of the videos are Financial Literacy Advice videos, to include ones specifically on Credit Cards and Credit Scores and how they intertwine with one another. Check them out if you wish and enjoy!

You are so awesome! Thank you!

I can’t oopen the pay off calculator

*sigh*

I suggest TF2 hats and magic cards! Niche collectables that all had interesting things happen to their value over the past 4 years

It is Dr. Now - not Dr. Naz - sorry about that everyone!

Can’t afford rent? move to a red state and stop voting blue.

Hey Megan....thanks for the help for us in the past.

Too funny; great commentary!

So glad to have Megan back!!!