Love the fun you all have talking about money - it diesn't always have to be an intimidating chore. This show feels like an invitation to normalize fun about money! Thank you!
A topic suggestion for a future episode. I worked in HR and I always hear about someone putting 8% of their income into their 401k and the company matches 6%, so they think they are putting in 14%, but that’s not always true. In almost every case the devil is in the details. Some companies only match a % of what the employee contributes, and in many cases, the company contribution is capped at a certain amount. Many folks hear a company contribution %, but don’t look at the details. This would be an important topic to discuss.
Not to mention the lawsuits Carvana is dealing with because people weren’t getting the titles for the cars. Carvana can’t sell cars in some states anymore
Airlines can fix overhead bin space by simply ensuring every person only puts one item in the overheads. The rules say one up there and a handbag or computer bag at your feet, but then 50% of people seem to bring on a bag of duty free and put huge handbags up their too. So if someone struggles, the air hostess should just go through nearby bags in the overheads say "whose is this?" and if anyone answers twice, they get that item either checked in the hold or put at their feet. Easy...
I agree, that and ensuring any luggage over height/size requirements must be checked. Everytime I go on a plane I see this is why there's no room for peoples overhead and why everyone is pushy to get on the plane first
I want my laptop bag in the overhead. All overhead space should not be for people’s big bags. I check a bag and should be able to use that space as well to keep my foot area clear.
@@adbills I have no issue with your one cabin bag being that, if you checked everything else. What I hate is people that bring a bag for the overhead bin, a laptop bag, a handbag, a duty free bag and then wonder why someone else can’t put their one bag overhead. It’s simply not fair to everyone else.
I've been on Delta flights where the flight attendants did exactly that. There should always be enough overhead bin space for carry-on suitcases but ppl put other stuff up there & hog the space.
My dad has been trying to save peanuts to leave me basically my whole life. And a) he’s TERRIBLE with money so there’s not a lot anyway and he’s 70 B ) I would MUCH rather have had his time growing up but he wouldn’t give it. And now regrets missing my life. C) it’s sad to watch him pinch and skrimp and save when I WANT him to enjoy now. Leaving your kids a pile of money should not be your #1 priority. Leave them a firm foundation in Jesus and a heart full of memories.
I fly Delta almost exclusively. They board in zones, so you know when you're boarding. I'm confused with Rachel's comparison regarding boarding on SW vs Delta.
George I use that sweetened condensed coconut milk 🥥 too bud! Good stuff. We use it with organic chocolate chips to make fudge! ESP at Christmas 🎄 try it!! 😁
Did George just say that if he had loads of money and wasn’t doing the podcast he would just be at home cuddling his “dogs”? HE HAS A NEW BABY DAUGHTER!!! 😂😂😅
Love all the team and everyone. So many ad's now though. I know you can save up for games, trips, books. It's just much different to listen to now then when it first started.
I am not a fan of the Kardashians, but I would love to see them advertise for every dollar. They could seriously turn the financial tide of this country. Which is sad to say in a way. 😂 😭
When her & Kanye were building their house, they seemed to go slower than expected, and they talked about budgeting for it ❤ I think the rest of the family (besides maybe Kourtney) kinda gave a side eye 😏
Random factoid since they brought up The lime drink being called lemonade. In Spanish there's only one word for both limes and lemons and it might be because when limes are ripe they are also yellow and sweeter. So The Spanish equivalent word of lemonade would be the same whether it was made with lemons or limes.
George, Rachel is going to have far more than 20 mil when Dave kicks it.... And I think you're low-balling yourself too. You'll have more than 5 mil. Also "I'm like a boyscout/girlscout" 😂😂😂 I laughed out loud!
So late to the party, love the show! My brother is a the second and my husband is a Jr. It is different. If you call a the second Jr or a Jr the second you will probably get a weird look and a "that's not my name." I could see my brother getting in an argument, my husband not so much.
I like how George is always lowkey bougie. The bougiest thing is the way producer Lindsey speaks though. I love it! Greets from a guy who wears boat shoes and collects Espresso machines!
Your emergency fund is too bridge your finances in an emergency. An overly large emergency fund often means you're not putting enough towards other goals.
You want to do expenses because in case of an emergency you would have all your expenses covered while you get some stability back. And the 3-6 months is to help with any variability in your income. Such as income, 1 income household or 2 income household, and type of job. Some jobs provide more of a consistent income vs others may vary more month to month.
Your income should be more than your expenses. Savings and investments aren't expenses, so that SHOULD be 20%ish less right there if you get laid off. Most people have other expenses that they could cut or wouldn't exist when unemployed (gas, childcare, takeout, subscriptions etc). You might also get unemployment or severence payments, which can make 3m stretch to 4 or 5 or more. You also don't want a ton of money sitting around doing nothing, so it's not ideal to have more than you actually need in a 4% interest savings account instead of investments that average 10.
You guys gotta lose the skin before blending it or it will most definitely get bitter after a few minutes, and please, choose either sugar or condensed milk. Both will lead you to diabetes😂
He said in an interview with George recently that he probably was one now, total net worth, not cash worth. He also said being a billionaire wasn’t a ‘goal’.
Not really the group I’d want advice from because their path is not very attainable. Like, I don’t need money advice from Messi, because I won’t ever play professional soccer. The only way to become a billionaire in a single lifetime is for an owner of a business to really blow up. But anyone can become a multi millionaire, just by investing small amounts for 40+ years.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
I think that you should set some guide lines what the money is for and what you value in your trust because 86% of people lose the money in 3 generations or less. In my trust it was written in it that the goal was to have a house. If you value a life without debt why not put that a goal of this trust is to have the beneficiaries be debt free for their entire life. If it is a large trust you could have half go to goals you set and half go to what ever the people getting the trust want.
"Money Exports" but mess up one of Warren Buffett's most famous quotes 😂 What Warren Buffett's is saying is just like you like to buy socks on sale you should view Stocks the same way. Be happy when the go on sale (if they are good companies).
Why does a Christian organization celebrate alcoholic drinks? I like the content, but not the premise. As a child of an abusive alcoholic, I know what alcohol can do to families. I don't understand the draw.
Anything in excess can be damaging. Jesus' first public miracle changed water into wine so alcohol in and of of itself is not anti-Christian. Alcohol did affect a few families we know during the pandemic shutdown. For that reason, we were mad at alcohol and abstain from it. Your pain is understood. I prefer the mocktails because drinking on the job and without your spouse seems a little odd 😉
Please please please stop with the board games sponsors. Over a month ago I wanted the games now I don't want anything to do with them. And it make me 😵💫 when you talk about them.
How they think about their kids and money. They should research what happens, traditionally it doesn’t work that. Kids spend everything left to them. Typically. That’s what’s been shown.
Talk about ignoring the elephant in the room. Rachel talking about what she plans to give her kids without mentioning what SHE will likely inherit from Dave.
@@hannahforrester6782 Because by the time Rachel’s kids inherit anything from her, it almost certainly will include what she has inherited from her father. That amount is going to be a lot larger than her own personal net worth.
Should focus on yourself and your family and your country and not everyone else Just my opinion and god didn’t say help everyone else but yourself and your people
A heart full of gratitude has no room for discontentment. My new favorite quote.
Satisfaction is the death of desire. Discontentment can be a very motivating thing
@@disco4535 gratitude and satisfaction are not the same thing.
Satisfaction and gratitude are not the same thing. Gratitude comes from humility while satisfaction is ego driven.
Love the fun you all have talking about money - it diesn't always have to be an intimidating chore. This show feels like an invitation to normalize fun about money! Thank you!
A topic suggestion for a future episode. I worked in HR and I always hear about someone putting 8% of their income into their 401k and the company matches 6%, so they think they are putting in 14%, but that’s not always true. In almost every case the devil is in the details. Some companies only match a % of what the employee contributes, and in many cases, the company contribution is capped at a certain amount. Many folks hear a company contribution %, but don’t look at the details. This would be an important topic to discuss.
Love Rachel & George talking about how they will leave a legacy and how they live and answer questions. Great show!
Not to mention the lawsuits Carvana is dealing with because people weren’t getting the titles for the cars. Carvana can’t sell cars in some states anymore
I was driving home & listening to this podcast. I literally cheered for Rachel when she won the game because I know how competitive she can be. LOL
I’m running out of Smart Money Happy Hour episodes to binge 😭
You guys crack me up! So funny. Love how light hearted this little show is!
Love George’s witty nature!
I love it when George says "I'm a house cat". lol!
I’d love to hear you talk about Chuck Feeney. The billionaire who gave the majority of his wealth away!
How does this how not have a millions subscribers? I love it, such a good time!
Airlines can fix overhead bin space by simply ensuring every person only puts one item in the overheads. The rules say one up there and a handbag or computer bag at your feet, but then 50% of people seem to bring on a bag of duty free and put huge handbags up their too. So if someone struggles, the air hostess should just go through nearby bags in the overheads say "whose is this?" and if anyone answers twice, they get that item either checked in the hold or put at their feet. Easy...
I agree, that and ensuring any luggage over height/size requirements must be checked. Everytime I go on a plane I see this is why there's no room for peoples overhead and why everyone is pushy to get on the plane first
I want my laptop bag in the overhead. All overhead space should not be for people’s big bags. I check a bag and should be able to use that space as well to keep my foot area clear.
@@adbills I have no issue with your one cabin bag being that, if you checked everything else. What I hate is people that bring a bag for the overhead bin, a laptop bag, a handbag, a duty free bag and then wonder why someone else can’t put their one bag overhead. It’s simply not fair to everyone else.
I've been on Delta flights where the flight attendants did exactly that. There should always be enough overhead bin space for carry-on suitcases but ppl put other stuff up there & hog the space.
My dad has been trying to save peanuts to leave me basically my whole life. And a) he’s TERRIBLE with money so there’s not a lot anyway and he’s 70
B ) I would MUCH rather have had his time growing up but he wouldn’t give it. And now regrets missing my life.
C) it’s sad to watch him pinch and skrimp and save when I WANT him to enjoy now.
Leaving your kids a pile of money should not be your #1 priority. Leave them a firm foundation in Jesus and a heart full of memories.
I fly Delta almost exclusively. They board in zones, so you know when you're boarding. I'm confused with Rachel's comparison regarding boarding on SW vs Delta.
George I use that sweetened condensed coconut milk 🥥 too bud! Good stuff. We use it with organic chocolate chips to make fudge! ESP at Christmas 🎄 try it!! 😁
Recipe?? Do you have one you love?
So you basically just have sugar? That’s why people are so fat and unhealthy because they’re eating sugar offered of real food.
My favorite Mexican restaurant here has “lemonade” minus the alcohol so refreshing in the summer! I am excited to try making this
Yall have WAY too much fun with this show 🤣🤣🤣
Oh my gosh! Y’all would be a blast to chill with. Y’all crack me up!
Great show thank you Rachel & George
"Happy birthday charles.... queen sized bed?" Hahahahaha George!
YES that was hilarious!!!
Rachel is awesome. So nice. How did she not turn out like her dad? She must take after her mother.
I''m surprised you didn't have a quote from Rachel's favorite, Taylor Swift. She's recently become a billionaire.
23:48 Kim K coming in hot with that (good) girl math💅🏼
Did George just say that if he had loads of money and wasn’t doing the podcast he would just be at home cuddling his “dogs”? HE HAS A NEW BABY DAUGHTER!!! 😂😂😅
Love all the team and everyone. So many ad's now though. I know you can save up for games, trips, books. It's just much different to listen to now then when it first started.
I am not a fan of the Kardashians, but I would love to see them advertise for every dollar. They could seriously turn the financial tide of this country. Which is sad to say in a way. 😂 😭
Either her or Taylor Swift.
@@demetrius.w11 oh, without a doubt! Taylor Swift has the same type of following as Beyoncé. I don’t understand it.
@@PCKA1987Lol, Taylor Swift has a *waaaay* bigger following than Beyonce. She's in a league of her own.
@@funtechu I see that. But the idol worship is similar. 😂
@@demetrius.w11yea but they both are the spoke people for capital one
When her & Kanye were building their house, they seemed to go slower than expected, and they talked about budgeting for it ❤
I think the rest of the family (besides maybe Kourtney) kinda gave a side eye 😏
My carry-on is small enough to fit under the seat in front of me, so I don’t have to worry about overhead space. It makes things so much easier!
Random factoid since they brought up The lime drink being called lemonade. In Spanish there's only one word for both limes and lemons and it might be because when limes are ripe they are also yellow and sweeter. So The Spanish equivalent word of lemonade would be the same whether it was made with lemons or limes.
Suzee Orman says to save 6 to 8 months of an emergency fund. Sometimes it takes that long to find a new job.
I have a year saved in my e-fund. This job market is bonkers and I'm taking no chances when it comes to my stability haha
Limecolada!!! George!!! 😂
Amazing episode🎉❤
What about the multi billionaire George Sorros???
Let’s not forget the Koch Bros..
Sharing!! 🥂
“Thank you Bill Gates. “Something I would never actually say
The Garth and Kath reference 😂😂
George, Rachel is going to have far more than 20 mil when Dave kicks it....
And I think you're low-balling yourself too. You'll have more than 5 mil.
Also "I'm like a boyscout/girlscout" 😂😂😂 I laughed out loud!
I love this show. 😂
I’ve been saying this for years that they should load the planes this way!!! I feel like it makes the boarding process quicker.
I’m from Mexico and I can confirm that in a lot of parts of Mexico, we call limes “lemons” and from the looks of it, it also happens in South America…
I am grateful for this content😊😇
Lol the way he said “carve-l” 😂❤
I love Telestrations too!!
Its like the podcast is the only social life George has😂
I do roadside rescue .... Carvana sells poorly inspected/maintained vehicles
A second (II) is not a junior because they are not named for their dads. My son has his grandpa’s name so he is a second. 😊
So late to the party, love the show! My brother is a the second and my husband is a Jr. It is different. If you call a the second Jr or a Jr the second you will probably get a weird look and a "that's not my name." I could see my brother getting in an argument, my husband not so much.
I got the Kim K one right!
Rachel always responds to George with her patient authentic timing. Big he jumps in and cuts her off and has to have the witty comment too much.
I agree with Whitney!!
Kardashians are my guilty post partum pleasure watching 😂
This was enjoyable.
Love y'all!!
George you could have a Frenchie Farm!!!
Obsessed with Kat and Garth!!,,
We love a Wednesday morning SMHH!
George has big ✨Mean Girl✨ energy.
And a touch of "Short King" Energy!
Btw 🍁🍁🍁🍁🍁 (instead of stars haha)
Love y’all ❤
If you're named after your father you are Jr. If you're named after your grandfather you are II (the second)
Dang they bumped past Khloe and said please tell Kim. LOL
Kim should come on the show. You all have the push i promise you
I like how George is always lowkey bougie. The bougiest thing is the way producer Lindsey speaks though. I love it! Greets from a guy who wears boat shoes and collects Espresso machines!
Warren Buffet's Birkshire Hathaway owns Fruit of the loom, thus the sock reference
Why does Ramsey say 3-6 months of expenses not income? Does it matter which one you use?
Ideally your expenses would be less than your total income,
Your emergency fund is too bridge your finances in an emergency. An overly large emergency fund often means you're not putting enough towards other goals.
You want to do expenses because in case of an emergency you would have all your expenses covered while you get some stability back.
And the 3-6 months is to help with any variability in your income. Such as income, 1 income household or 2 income household, and type of job. Some jobs provide more of a consistent income vs others may vary more month to month.
Your income should be more than your expenses. Savings and investments aren't expenses, so that SHOULD be 20%ish less right there if you get laid off. Most people have other expenses that they could cut or wouldn't exist when unemployed (gas, childcare, takeout, subscriptions etc). You might also get unemployment or severence payments, which can make 3m stretch to 4 or 5 or more.
You also don't want a ton of money sitting around doing nothing, so it's not ideal to have more than you actually need in a 4% interest savings account instead of investments that average 10.
It depends how the net income money is spent each month. How much to meet expenses should income stop?
Hilarious 😂😂
This is funny cause I’m Brazilian and have never heard of this drink until Tik Tok Americans started talking about it
Epic!
Only in America are lemons and limes a different thing everywhere else we have green lemons and green lemons
I heard warren buffet still has a flip phone
You guys gotta lose the skin before blending it or it will most definitely get bitter after a few minutes, and please, choose either sugar or condensed milk. Both will lead you to diabetes😂
When’s Dave gonna be a billionaire?
He said in an interview with George recently that he probably was one now, total net worth, not cash worth. He also said being a billionaire wasn’t a ‘goal’.
Not really the group I’d want advice from because their path is not very attainable. Like, I don’t need money advice from Messi, because I won’t ever play professional soccer.
The only way to become a billionaire in a single lifetime is for an owner of a business to really blow up.
But anyone can become a multi millionaire, just by investing small amounts for 40+ years.
The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH.... stock,silver and gold)
I think that you should set some guide lines what the money is for and what you value in your trust because 86% of people lose the money in 3 generations or less. In my trust it was written in it that the goal was to have a house. If you value a life without debt why not put that a goal of this trust is to have the beneficiaries be debt free for their entire life. If it is a large trust you could have half go to goals you set and half go to what ever the people getting the trust want.
2:15 in 2000 that Billion was only worth $559,688,758 which at 7% APY would amount to $1,348,763,155 (with no additional investments) by 2023.
George ask Rachel way too many personal queations!!!!
I can’t find a “Walmarts” anywhere to buy Telestrations at… maybe I’ll check my local Walmart.
If you believe KK then I have water front property in Arizona to sell.
Instead of a word bank it should have been a billionaire bank!
Limão=lime
Why would Charles inherit more? That was a weird and sexist question from George.
😂🤣😂
As a fat person. If i was rich i would only fly first class. Because well. I’m fat lol
I got rhi-rhi!
"Money Exports" but mess up one of Warren Buffett's most famous quotes 😂
What Warren Buffett's is saying is just like you like to buy socks on sale you should view Stocks the same way. Be happy when the go on sale (if they are good companies).
So you’re not above committing fraud???
Why does a Christian organization celebrate alcoholic drinks? I like the content, but not the premise. As a child of an abusive alcoholic, I know what alcohol can do to families. I don't understand the draw.
Anything in excess can be damaging. Jesus' first public miracle changed water into wine so alcohol in and of of itself is not anti-Christian. Alcohol did affect a few families we know during the pandemic shutdown. For that reason, we were mad at alcohol and abstain from it. Your pain is understood. I prefer the mocktails because drinking on the job and without your spouse seems a little odd 😉
more billionaires shocking, wonder why no middle class just greedy billionaires and people in poverty
I can't stand the Kardashians
Billionaires shouldn’t exist
Rachel sounds so pretentious on this episode.
Please please please stop with the board games sponsors. Over a month ago I wanted the games now I don't want anything to do with them. And it make me 😵💫 when you talk about them.
Absolute NO to Southwest. It's a cattle call....
How they think about their kids and money. They should research what happens, traditionally it doesn’t work that. Kids spend everything left to them. Typically. That’s what’s been shown.
True but not all wealthy kids have Dave Ramsey as a Papa. LOL
Talk about ignoring the elephant in the room. Rachel talking about what she plans to give her kids without mentioning what SHE will likely inherit from Dave.
How is that an elephant in the room…. They asked about giving to their kids, not inheritance
@@hannahforrester6782 Because by the time Rachel’s kids inherit anything from her, it almost certainly will include what she has inherited from her father. That amount is going to be a lot larger than her own personal net worth.
Should focus on yourself and your family and your country and not everyone else
Just my opinion and god didn’t say help everyone else but yourself and your people
Lol yeah love they neighbor is only “your people”
@@tinasapienza6552 nah we have struggles in our own country