Feeling anxious when spending money is okay, especially if you haven't always been financially stable. It's important to reward yourself or to do things with your family every now and then because life is much more valuable than money.
Nah money is more valuable. If I die I die. Ima be dead I wouldn't even think about it or anything just dead. But with money ik I have it and I enjoy it
I’m born a millionaire but have had it very tough to spend. I used to now what I had on the penny and didn’t spend a dollar to much on things. Sometimes when I was with my friends on Mcdonald’s I didn’t but anything because I ate my friends leftovers. I’m still a hard saved but can buy a cheeseburger from time to time🤣
@@bellman1094 when ur a millionaire and you do that. It's not being a saver. Ur just being selfish. How u a millionaire and still gonna ask ur friends for there left overs. There's a difference between a saver and a selfish person
I will never understand how easy it is for people to spend money. I do live for today but I also view it as if the more we spend now the longer we have to work.
AMEN!!! on the second sentence! I absolutely do NOT want to be one of those people who joke about having to keep working until lunch on the day of their funeral.
it's important to balance it out though. I had friends who put their entire life off expecting a great retirement, then they die in their mid 30's from cancer or car wrecks. old age is never guaranteed
The amount of time we spend at a job we don’t really like will never justify the money we get to spend on a vacation or a new toy. 51 weeks of BS for one week of spending, just to go back to the grinder….
This is a problem I struggle with too… I am a 25 year old engineer with very little debt making around 150k in a low cost of living state… I have been stressing for months about getting a car and currently drive a vehicle that’s worth 300$ and has 300k miles. I have been watching Dave since I was 19. I understand saving for later in life but I really wish I could enjoy spending while I’m young without being so stressed about it
As a dad/husband/saver, I have 2 baby’s a dog and a wife. I always have a fear of running out of money and always feel like I have to save for a disaster situation such as an unexpected medical bill or needing a new car or a busted pipe that needs to be fixed. With inflation I feel savers like myself go into extra crazy mode due to the cost of living .
He took my words out my mouth. It's just like childhood. Real Parents told you do your homework then you can go out to play. I always made sure my homework was done as fast as possible so I can have more time to play later.
I kept that same energy through college as well as at work! I can’t stand for stuff to be undone at work. I finish everything quickly so I’m not pressed.
It took me most of the night to do my homework so it felt like an impossible task. I was slower at writing so it took years before I would be able to hurry up on my homework.
@@greysaber4000 I mean as I got into high school and I realized I would never get to the NBA and the work became harder I didn't have much time for basketball. But I still tried up until 18.
@@Love2Banime it’s hard to do but it helps a lot to make an excel sheet. It helps me know how much I make, how much I spend on rent and gas, and how much I have left over to invest or spend on fun stuff! It helped me and my girlfriend a ton mentally. It can be scary at first but in the long run I highly recommend. Let me know if you need help/advice
My husband and I have a system were we put $5 every day for (depending the amount) months before we want to go out for a trip or to buy something nice we will like. By the end of months we go out without worrying how much we are spending. We are young and also need to experience things. You never know when you will die. You just need to feel the moment and ve responsable on your spending.
I think the way you grow up influences it a lot too, I brew up with immigrant parents so even though I have money now, it’s a deeply built attitude towards money where I like saving money, or using it on assets/investments. Spending it is harder for me to do. Great topic!
security = way more once you have more..... it will equal out into ease when you have a family who isn't worried about paying for college, wedding, etc..
Money is just a tool, it has no value in itself. All those little bits of paper or numbers on a screen shouldn’t run your life. It’s ok to spend some of it from time to time to enjoy yourself, just as long as you know your limits and ultimately save more than you spend.
I feel like I have this exact struggle bc I'd like to have more than just debt freedom. I truly no longer enjoy spending money. I've gotta take this advice.
Great advice. Make sure you have all your other bases covered before you enjoy the rest of your money. Another thing to consider is to make sure that if you are worried about spending your money on something, make sure it's for something special. Going out every weekend can get boring really quickly, but if you just go out for special occasions (birthdays, holidays, etc.) then it makes those times more memorable and then you won't regret spending that money as much.
I’ve been living in a hardship post and I’ve been in overdrive for YEARS. I have a couple of months before I am 100% debt-free, but I’m on work/vacation time right now and I have spent a lot. I feel bad because I broke a promise to myself, but I feel goood that I’ve rewarded myself and I’m spending money on the people I love. I’ll kick it right back into overdrive when I get back to post, but I’m gonna enjoy this moment. Scratch that. I HAVE BEEN enjoying this moment.
I hate spending money and have always been on good financial ground. Then again, I like money more than I like the things I can buy with it. I will almost certainly die with a ton of money I will never get to spend.
My friend, I have to be honest with you. This is the LOVE of money and Jesus said it’s the root of all kinds of evil. I hope you can pray that you can be set free from this. Giving to someone in need or an organization regularly (never has to be the same person or place either) an amount set in your own heart can help to deliver yourself from this greed!
It is your personal responsibility to go create a life of abundance and when you think that someone else is going to cause you to become successful, that's the moment you have signed your death warrant to the success parade.
I think the best lesson I have learned about this topic was from a book called I will teach you to be Rich by Ramit Sethi. Budget for your investments, savings, and expenses, but also leave some room for guilt free spending each month that you can use to go out with friends, travel, or just enjoy life. I made the mistake of trying to be too strict with my budget and savings goals so whenever I ended up spending money I was always upset about it and it was starting to strain my relationships. Now I leave some money there to have fun and if something comes up that I don't really want to do or cannot afford I just say no.
I think at a bare minimum you should dedicate 10% of your money to spending on fun stuff. Life is too short and you can still FIRE and enjoy 10% of your earnings. I wouldn’t go past 30% towards fun though unless you’re at a great point financially that you can justify it.
My anxious comes from when i recieve money. When its payday and i look and see thats ive just received my weekly paycheck check, i get very nervous and anxious every time. Its hard to pin point exactly why. I think maybe its because I need to spend it right and make sure I get everything I need, but also, feeling like I need to go out and buy everything I need right away. Like i need to spend the money right away on things for the whole week. Just makes me anxious. Like oh i got paid, i need to go run out of the house immediately and get groceries, gas, etc right away.
Fine line between being frugal and cheap. We wanted to go get an ice cream with a couple. They freaked out spending the money and wanted to pick from garbage cans instead. Don’t be too extreme
disagree, my broke parents took me to amusement parks several times as a kid and i barely remember it. id much more enjoy it if they were frugal and had a fully funded retirement account rather than spending all of their money to make their kids happy. now they are at retirement age with nothing to show for decades of work. im not saying parents should never spend money on their kids though, im just saying there has to be a balance
I struggle with this too, but only if it’s out of control spending without a budget. My husband on the other hand feels he should be able to just get our kids things bc his parents couldn’t do that for him and his siblings. We have learned to compromise and he has seen how my saving and investing has helped us. I absolutely love vacations, but within limits.
I'm sad to say that as the father of VERY SPOILED young lady (now 26} i had the outlook that your husband had towards her and i'm very disappointed that my girl is very disrespectful and entitled.
That's realistic. I'm not the bread winner in my home but I'm always anxious about spending. My husband wants to go on trips etc. I spent my early adulthood struggling. So I just can't agree to vacations if we just bought something for the house. It terrifies me or we go and I can't enjoy it.
I like saving more than spending. However I do find enjoyment in being able to provide a life for my wife and family to be able to spend where needed and spend on enjoyment, while still saving.
Same, I’m so afraid to spend money on something that’s not needed. I set myself a goal that I can start enjoy my money once I,m done with my house mortgage and have at least 100k in saving account (as emergency fund) and continue maximizing 401k contribution every year, if I meet all of these then I can spend extra money that’s left for fun.
I like to save my money and rarely spend much of anything on me, when it comes to my kid I'll drop some coin. I guess I feel like you work to make things better for your family.
This comment section is scary. It seems like a lot of DR followers are cheap skates who save all their money and are afraid to spend it. Heck, I feel awful when I spend the money even though, I know I had to do it.
Im 17 i live alone i have alot of trama from being emotionally and financially abused by my parents and im to scared to spend moeny even on groceries i have ab 8k saved and make a stable income dawg im running oit of food
I feel anxious because I worked for the money and the time spent at work I can’t get back. I know it’s nice to enjoy my earnings but people around me waste so much money then would need me to help
“If those who guide you say: Look, the Kingdom is in the sky! Then the birds are closer than you. If they say: Look, it is in the sea! Then the fish already know it. The Kingdom is inside you, and it is outside you. When you know yourself, then you will be known, and you will know that you are the child of the Living Father; but if you do not know yourself, you will live in vain and you will be vanity.” - Yeshua
Same having several thousand and coming to 20 its just petrifying as of the prospect of even spending 10% of my weekly wage on clothes when the old ones are either worn out or falling apart.
Feeling anxious when spending money is okay, especially if you haven't always been financially stable. It's important to reward yourself or to do things with your family every now and then because life is much more valuable than money.
Nah money is more valuable. If I die I die. Ima be dead I wouldn't even think about it or anything just dead. But with money ik I have it and I enjoy it
I’m born a millionaire but have had it very tough to spend. I used to now what I had on the penny and didn’t spend a dollar to much on things. Sometimes when I was with my friends on Mcdonald’s I didn’t but anything because I ate my friends leftovers. I’m still a hard saved but can buy a cheeseburger from time to time🤣
Buy* and saver*
@@bellman1094 when ur a millionaire and you do that. It's not being a saver. Ur just being selfish. How u a millionaire and still gonna ask ur friends for there left overs. There's a difference between a saver and a selfish person
@@musicpro7278 yeah I know. It’s a problem at that point
I will never understand how easy it is for people to spend money. I do live for today but I also view it as if the more we spend now the longer we have to work.
AMEN!!! on the second sentence! I absolutely do NOT want to be one of those people who joke about having to keep working until lunch on the day of their funeral.
@@mrgeorgeburdell Well said
it's important to balance it out though. I had friends who put their entire life off expecting a great retirement, then they die in their mid 30's from cancer or car wrecks. old age is never guaranteed
@@drunclecookie216 Well said
The amount of time we spend at a job we don’t really like will never justify the money we get to spend on a vacation or a new toy. 51 weeks of BS for one week of spending, just to go back to the grinder….
This is a problem I struggle with too… I am a 25 year old engineer with very little debt making around 150k in a low cost of living state… I have been stressing for months about getting a car and currently drive a vehicle that’s worth 300$ and has 300k miles.
I have been watching Dave since I was 19. I understand saving for later in life but I really wish I could enjoy spending while I’m young without being so stressed about it
Sounds like a good problem to have to be honest. Treat yourself once in awhile, you
Deserve it.
Great salary ..Take your self out to eat good restaurants etc
Get a newer car doest have to be super new can be used but safety is first 300k miles gezz
Good question. If you have planned savings you can then plan it into your spending
If the car works without major issues, keep driving it. 🤷🏾♂️
As a dad/husband/saver, I have 2 baby’s a dog and a wife. I always have a fear of running out of money and always feel like I have to save for a disaster situation such as an unexpected medical bill or needing a new car or a busted pipe that needs to be fixed. With inflation I feel savers like myself go into extra crazy mode due to the cost of living .
He took my words out my mouth. It's just like childhood. Real Parents told you do your homework then you can go out to play. I always made sure my homework was done as fast as possible so I can have more time to play later.
I kept that same energy through college as well as at work! I can’t stand for stuff to be undone at work. I finish everything quickly so I’m not pressed.
It took me most of the night to do my homework so it felt like an impossible task. I was slower at writing so it took years before I would be able to hurry up on my homework.
@@greysaber4000 I mean as I got into high school and I realized I would never get to the NBA and the work became harder I didn't have much time for basketball. But I still tried up until 18.
Absolutely!!!💪🏽
@@greysaber4000 I struggled so much with homework and school in general so I can really relate. I'm OK now though! Hope you are too!
I still always feel anxious with spending. I always remind myself to budget and use excel to keep track on what I spend weekly.
I do that same thing. Setup a monthly budget and stick it to. Although it was be soul draining if you never live a little
@@carbob9964 i should, one day.
@@Love2Banime it’s hard to do but it helps a lot to make an excel sheet. It helps me know how much I make, how much I spend on rent and gas, and how much I have left over to invest or spend on fun stuff! It helped me and my girlfriend a ton mentally. It can be scary at first but in the long run I highly recommend. Let me know if you need help/advice
Love it when John and Dave are together and on the same page. It's education meets wisdom. There is a lot to learn from both.
My husband and I have a system were we put $5 every day for (depending the amount) months before we want to go out for a trip or to buy something nice we will like. By the end of months we go out without worrying how much we are spending. We are young and also need to experience things. You never know when you will die. You just need to feel the moment and ve responsable on your spending.
That’s a good idea for the caller. Save up first and then do the fun outing.
It’s about having a plan. A part of that plan is planning on spending. It’s just your budget.
I think the way you grow up influences it a lot too, I brew up with immigrant parents so even though I have money now, it’s a deeply built attitude towards money where I like saving money, or using it on assets/investments. Spending it is harder for me to do. Great topic!
Me too!
I realize saving n scared to spend on urself always result in u spending it on somebody else’s problem
Absolutely Suffered from this too much
True
I am 100% only saving my money for security, nothing else unfortunately.
security = way more once you have more..... it will equal out into ease when you have a family who isn't worried about paying for college, wedding, etc..
Yup. I concur, dead on!
I had that attitude once before, got old real fast... Might as well wear handcuffs
There's no such thing as security.
Money is just a tool, it has no value in itself. All those little bits of paper or numbers on a screen shouldn’t run your life. It’s ok to spend some of it from time to time to enjoy yourself, just as long as you know your limits and ultimately save more than you spend.
That’s because you don’t have cash flow. You work to earn. People don’t want to spend and work more hours to replace the money you spent
I have rental income, high yield savings account, 401k, HSA, IRA, and after tax brokerage accounts. It's not about cash flow.
I feel like I have this exact struggle bc I'd like to have more than just debt freedom. I truly no longer enjoy spending money.
I've gotta take this advice.
Great advice. Make sure you have all your other bases covered before you enjoy the rest of your money. Another thing to consider is to make sure that if you are worried about spending your money on something, make sure it's for something special. Going out every weekend can get boring really quickly, but if you just go out for special occasions (birthdays, holidays, etc.) then it makes those times more memorable and then you won't regret spending that money as much.
I still struggle spending. I have a saver mindset however Dave is right, “what are you saving for?” I’m saving “so that” I can buy things I need
I’ve been living in a hardship post and I’ve been in overdrive for YEARS. I have a couple of months before I am 100% debt-free, but I’m on work/vacation time right now and I have spent a lot. I feel bad because I broke a promise to myself, but I feel goood that I’ve rewarded myself and I’m spending money on the people I love. I’ll kick it right back into overdrive when I get back to post, but I’m gonna enjoy this moment. Scratch that. I HAVE BEEN enjoying this moment.
I feel it's hard to break out of that after you have worked so hard
I hate spending money and have always been on good financial ground. Then again, I like money more than I like the things I can buy with it. I will almost certainly die with a ton of money I will never get to spend.
My friend, I have to be honest with you. This is the LOVE of money and Jesus said it’s the root of all kinds of evil. I hope you can pray that you can be set free from this. Giving to someone in need or an organization regularly (never has to be the same person or place either) an amount set in your own heart can help to deliver yourself from this greed!
It is your personal responsibility to go create a life of abundance and when you think that someone else is going to cause you to become successful, that's the moment you have signed your death warrant to the success parade.
I think the best lesson I have learned about this topic was from a book called I will teach you to be Rich by Ramit Sethi. Budget for your investments, savings, and expenses, but also leave some room for guilt free spending each month that you can use to go out with friends, travel, or just enjoy life. I made the mistake of trying to be too strict with my budget and savings goals so whenever I ended up spending money I was always upset about it and it was starting to strain my relationships. Now I leave some money there to have fun and if something comes up that I don't really want to do or cannot afford I just say no.
0:11
Dr. John Delony: “my wife says, ‘we can fff-‘“
Me: 😳
I also have people that I know that borrow money from me and I’m so sick of it
I think at a bare minimum you should dedicate 10% of your money to spending on fun stuff. Life is too short and you can still FIRE and enjoy 10% of your earnings. I wouldn’t go past 30% towards fun though unless you’re at a great point financially that you can justify it.
BALANCE... the key word in many parts of life.
Appreciate this video!!! I need to work on this as well!!
Great video, great seeing A Different Point of View!! Thank you, Master Kenobi!!! 😉
One of the BEST I’ve seen for this show. Keeping it in my saved clips to watch it every time facing that struggle! Great advice.
My anxious comes from when i recieve money. When its payday and i look and see thats ive just received my weekly paycheck check, i get very nervous and anxious every time. Its hard to pin point exactly why. I think maybe its because I need to spend it right and make sure I get everything I need, but also, feeling like I need to go out and buy everything I need right away. Like i need to spend the money right away on things for the whole week. Just makes me anxious. Like oh i got paid, i need to go run out of the house immediately and get groceries, gas, etc right away.
A written plan, like a spending schedule (budget), will help you with this.
Fine line between being frugal and cheap. We wanted to go get an ice cream with a couple. They freaked out spending the money and wanted to pick from garbage cans instead. Don’t be too extreme
Ur kids are only young 1x if u got the money of u got the time take them..
disagree, my broke parents took me to amusement parks several times as a kid and i barely remember it. id much more enjoy it if they were frugal and had a fully funded retirement account rather than spending all of their money to make their kids happy. now they are at retirement age with nothing to show for decades of work.
im not saying parents should never spend money on their kids though, im just saying there has to be a balance
I struggle with this too, but only if it’s out of control spending without a budget. My husband on the other hand feels he should be able to just get our kids things bc his parents couldn’t do that for him and his siblings. We have learned to compromise and he has seen how my saving and investing has helped us. I absolutely love vacations, but within limits.
I'm sad to say that as the father of VERY SPOILED young lady (now 26} i had the outlook that your husband had towards her and i'm very disappointed that my girl is very disrespectful and entitled.
@@bayoumanbryan yeah I’ve seen it before. He doesn’t see what I’m saying until later. I can usually talk him back though.
That's realistic. I'm not the bread winner in my home but I'm always anxious about spending. My husband wants to go on trips etc. I spent my early adulthood struggling. So I just can't agree to vacations if we just bought something for the house. It terrifies me or we go and I can't enjoy it.
This was a great topic
I’ve been there too, it stems from poverty and/or past poverty
I like saving more than spending. However I do find enjoyment in being able to provide a life for my wife and family to be able to spend where needed and spend on enjoyment, while still saving.
Same, I’m so afraid to spend money on something that’s not needed. I set myself a goal that I can start enjoy my money once I,m done with my house mortgage and have at least 100k in saving account (as emergency fund) and continue maximizing 401k contribution every year, if I meet all of these then I can spend extra money that’s left for fun.
Thank you gentlemans ✌🏻
…that part…you feel better when you’ve done your work over here before you spend over there.
I like to save my money and rarely spend much of anything on me, when it comes to my kid I'll drop some coin. I guess I feel like you work to make things better for your family.
I love this!!!! Thank you ☺️
The door shuts quick on childhood so they should go before it’s to late.
I'm surprised they didn't mention his 60k in savings while he still has a mortgage.
I thought that too but I think that's there emergency fund😯
Save for what
U can't take with u
Good information I was a natural spender. But based on living trough a recession and many other life changing factors I became a natural saver.
My parents could take me to Disney right now and I’d be ecstatic!
Disney was shut down too
I make 24 an hour and I freak out when I have less than 2000
I would too
This is a great question.
Lol that’s so me
Good advice thank you 🤔❤️🇺🇸
This comment section is scary. It seems like a lot of DR followers are cheap skates who save all their money and are afraid to spend it. Heck, I feel awful when I spend the money even though, I know I had to do it.
Im 17 i live alone i have alot of trama from being emotionally and financially abused by my parents and im to scared to spend moeny even on groceries i have ab 8k saved and make a stable income dawg im running oit of food
I feel anxious because I worked for the money and the time spent at work I can’t get back. I know it’s nice to enjoy my earnings but people around me waste so much money then would need me to help
Learned a lesson today
If you spend less than you earn money then its good
The “Dave Ramsey” effect..
*Reads video title*..... GOOD!
Wife is a spender, husband is a saver, thats all
Sounds like the wife is manipulating him into spending.
or maybe she wants to be a family while they can.... disney isn't as special with a teen
5:23 Who farted?
🤣
I spend my money on stocks
If you check out the channels they no longer have the Christy show. I wonder what happened
Uh oh. Here we go again
🙌🏿🙌🏿🙌🏿🙌🏿🙌🏿🙌🏿🙌🏿🙏🏿
Work Save Invest Repeat = Wealth = spend some $ on some fun as long as its not debt 😉 😀
Wait until your first year of retirement...
Just spend by Abundance disregarded how low or high the price
❤1.5
“If those who guide you say: Look, the Kingdom is in the sky! Then the birds are closer than you. If they say: Look, it is in the sea! Then the fish already know it. The Kingdom is inside you, and it is outside you. When you know yourself, then you will be known, and you will know that you are the child of the Living Father; but if you do not know yourself, you will live in vain and you will be vanity.” - Yeshua
Hahaha
I’m a tightwad
See the anxiety when you listen to a youtuber who thinks he knows it all.
Really? Lucky you. I feel anxious when I dont!! ( oДo) 📉 💸 🔥
😎👍👌✌🖖😁
Same having several thousand and coming to 20 its just petrifying as of the prospect of even spending 10% of my weekly wage on clothes when the old ones are either worn out or falling apart.