This app SAVED my wife and I's finances. Before budgeting, we were deep in debt with barely to no emergency fund and savings. Then in November of 2018, we had the "I'm sick and tired of being sick and tired of being broke" moment. We decided to start budgeting using this app, and followed Dave Ramsey's baby steps, then after almost 2 years, we paid off all our debt, fully funded our 6-month emergency fund, saved money in all our sinking funds then started saving in our 401k. Praise God for Dave Ramsey's life-changing financial teachings!
The best budget advice I ever received was not to OVER specify. So I have line items in the budget called “Run The Family” and this includes everything from Home Depot runs because we need to fix a faucet to cleaning supplies and toilet paper. This was a big help to sticking to a budget for me
this, i find that the 50/30/20 method is not too complicated and can account for all purchases as long as I be honest with myself in terms of what is a need versus a want
George’s channel is HUGE for Ramsey’s connection to the younger generation. This jump cut and meme style of video is wlite for attracting a younger audience to the brand 💪🏻🙏🏻
Every dollar is the only budgeting tool I like using and can stick to every month. It has helped me change my financial picture drastically in the last 3 years.
My favorite part of this video is when George said that housing should only be 25% of his take-home pay, but then proceeds to budget $1200 on a $4000 monthly budget
Im ok with them saying 25% . Because we human dont lisent and go over. Imagine if they said 35% people will go 50% . Im under 25% on my mortgage and its amazing and the only reason why we can pay all in 5 years. At the end of the day is just a stupid house.
@@debbiefried3533I think that's fair if you buy a house, because your income will presumably increase and your mortgage (principal + interest) will not, but less fair when renting (like in George's example), since rent will go up over time
@@spencerroach8469this. "about" 25% is a target, not a starting point. It's okay to grow into that 25%, but don't do it in a way that keeps you cuffed for a decade first. A couple years, tops.
@@spencerroach8469Interest can vary dramaticly and also a principal if you have it in other curreny which can be the case for us in Europe...Some people faced mortgage go 2x higer then in the beginining.. you always have to have wiggle room...You can loose a job,have lower salery and so on.
I change my sheets every week, and if I skip a week, it’s not the end of the world. But about budgets, I use the EveryDollar app, but I cannot handle seeing only a few line items at a time. I start my budget on excel, which allows me to see the whole budget, every line, on one screen. I am a detail oriented person, but I really like to see the big picture too. I’m also a bit of a nerd, can you tell?
I feel like monetary giving should be paused until out of debt. In this example if this person would give time and volunteer as their side hustle it would pay the $400 effectively since that is the giving amount George decided on.
Wish with all budgeting apps you can start it the day you get paid.. if you get paid on the 15th and don’t get paid until the following month on the 15th that’s the one month. Reports and tallies are always in one month.
I just use a spreadsheet with a tab for every month. Each tab shows the current amount we have in each bank account, the total of our paychecks for that month, every single bill that is paid for that month, and what extra money we've spent whether it's some kind of emergency, maintenance, or just for fun. I even have this spreadsheet to estimate what we should have by the end of each month pending that we stick to the budget or no emergencies pop up. I base our fun money due to our expenses and what we want to be able to save after everything is paid for.
I love that you snuck in "the order of operations"..... those guys have some good advice, but the Baby Steps are (IMHO) a better way of life, I am a Ramsey fan for life. Dave, George, Rachel, Jade, John, Ken and the rest of the gang have changed my life for the better 10 fold. I strive everyday to pass on the blessings. You guys are the best!!! THANK YOU!!!!!!!
I wish you the best in your health and budget journeys. I do think that sometimes we spent a lot of time researching what we need to be doing but not enough time putting those solutions into actual practice. Good luck to you.
Glad to see you go over the every dollar app in detailed with this video. It's a simple but detailed plan. The thing I would love to add is if possible, any low cost monthly payments, try to see if you can go prepaid for a annual cost so you can free up your monthly cashflow to put towards other goals or debts. Example is paying yearly on my phone bill saved me a bit of money but also a years worth of concern.
I wish the every dollar app was available in other countries and with different currencies because Americans are not the only ones who budget, invest or watch dave Ramsey videos.
I skip having a monthly bill and try to save money as much as I can on it.. I pay $202.86 (mint mobile) for a whole year with 5GB of internet. That's around $16.90/month. I deleted all my social media accounts and left installed on my iPhone what I need: Maps, Calendar, Uber, Bus Ticket app, Obsidian (note taking app), etc. I did this to save internet data. I also don't finance phones. I save and buy it cash. In 2020 I bought the iPhone SE, still have it and works perfectly fine.
Great video! I should really be a lot more strict on my budget. I have no debt other than my mortgage so I use a “pay yourself first” method where 25% of my gross income is saved or invested before it even hits my checking account. It’s much simpler
Old video, but i wanted to add that when i started budgeting, it took me almost a year to figure out my husband & my spending. Why? Because i had no idea just how much i spent on travel and gifts during the holidays & birthdays! So to anyone who is starting out: think of your first year as your learning phase. It's okay if there are set backs and unexpected expenses. That's normal. Do your best and just be persistent and honest about tracking your spending. Once you know where all that money goes, you can tweak things as needed & before you know it you'll be debt free and feeling much better about your future. 😊
George, I absolutely love this content. As a business owner who doesn't know their exact income for the month, can you please make a video about variable income and budgeting?
I have been following Dave for a decade. The principles work. I can testify to that. My life is changed. Others in my life now need what I had. But this is a far cry. It is troubling to see the message has gotten so far off track and now feels lost. Where is the compassion, empathy, and understanding. All of us in the Ramsey family know the budget is key, but this feels like a slap in the face for the hopeless. I cannot in good conscience share this with those I love. I am hopeful the Ramsey way returns to what it once was. I love you George and know you mean the best but it is hard to see how those who are desperate and struggling might find some solace here. I implore you to watch this from the perspective of someone who needs something to hold on to. All love, no hate, I hope this message finds you well. Keep lighting the candle.
This is great! Would love to see a video focusing on the savings categories...I find the Funds feature doesn't work how you'd think. It counts as $ budgeted but not spent, does the app think it comes out of thin air? Any advice or videos on that feature?
He is such a great, refreshing addition to the Ramsey family. But one area they need to get with the times on is the true cost of housing in 2023. Sure there are places in maybe Alabama and North Dakota where you might be able to spend $900 on rent, but how often does that exist anymore? In live in NJ, and a 1 bedroom apartment with bullet holes in the walls runs about $1400. If you want to live in a mostly safe area with clear water running from the faucets, it’s closer to $1550. On a 74k annual salary, this is about 35-42% of take home pay. $1000 per month for an apartment simply does not exist anymore. Not anywhere in this state.
It will look the same you just have to get the average pay for the past 12 months and then on the lower months, you still have leftover income from the higher months.
Hey George! All, items are great. However, I wanted to asked how would budgeting work when your paycheck is monthly, and it comes on the 20th of each month?
I’d like to see a video on budgeting with irregular income. Or a video with several incomes including like Daily Cash side hustle pay… how do you trackers I getting weekly or multiple days weekly
I’ve used this budgeting app nearly a year now. It’s not perfect but it really helped us track our spending on the go. I use this in conjunction with Google spreadsheet. The app for everyday tracking and spending on the go. And I use the spreadsheets to do monthly tally and easier to see month-to-month trend throughput the year.
If you were in that much debt, you would pause the $400 to the church until you were out of debt. Then you could snowball the debt with that extra $400.00/month.
@@corbinamondoNo you wouldn’t. You just wouldn’t be paying the business corporation that calls themselves “the church” they need that money to pay the rent on the building, preachers salary, electric, water, and so on. It’s not biblical to pay for these things and say that it is for God.
Great video George & team! I have a little suggestion though. Since the GFX style of the video is very glitch contemporary, i think a redesign of the Ramsay logo for these kind of videos would be warranted. I feel like you guys could really create a fun vignette that would help the style cohesion. Small peanuts, but I thought I'd mention it. Keep up the good work!
Where do you put a “one off” drawn down from an investment? (Like for a holiday or home improvement). Call it a fund with a beginning balance? Or is a paycheck?
George - I do want to see a budget on irregular incomes. I also need you to make the App available to people outside of the USA!! Please I need your help! (Who’s Donna summers 😊?)
Your video editor needs a raise.
I’m dying at all the inserted clips
That first clip LMAO
📠
The music choices are great too!
The bacon bit got me!! 😂😂
I never realized how much loyalty programs could save until I cashed in points for a free grocery haul-it felt like winning the lottery!
This app SAVED my wife and I's finances. Before budgeting, we were deep in debt with barely to no emergency fund and savings. Then in November of 2018, we had the "I'm sick and tired of being sick and tired of being broke" moment. We decided to start budgeting using this app, and followed Dave Ramsey's baby steps, then after almost 2 years, we paid off all our debt, fully funded our 6-month emergency fund, saved money in all our sinking funds then started saving in our 401k. Praise God for Dave Ramsey's life-changing financial teachings!
I've been doing a zero based budget since I was 17 (45 years). It's worked like a charm. I'm old-school... paper and pencil for me.
Me too old fashioned but I am 27 😂
Good on ya! 💯💯
Dave was paper too. Remember the envelope system? Times they are a changin. 🤦🏽♀️
Still pen and paper here too.
More than 20 years ago paper and pen for me at least once a month
I feel called out. I was putting clean pillowcases on as you said go change your sheets 😂
The best budget advice I ever received was not to OVER specify. So I have line items in the budget called “Run The Family” and this includes everything from Home Depot runs because we need to fix a faucet to cleaning supplies and toilet paper.
This was a big help to sticking to a budget for me
Depends on the type of person you are. I would prefer a super specific budget
Yeah it was opposite for us. The more detailed we got, the easier it was to stick to the planned spending.
I too prefer a more specific budget
I have that line item too. I label it household. I tend to buy my home stuff in bulk, that way month to month I only have to restock some things
this, i find that the 50/30/20 method is not too complicated and can account for all purchases as long as I be honest with myself in terms of what is a need versus a want
George’s channel is HUGE for Ramsey’s connection to the younger generation. This jump cut and meme style of video is wlite for attracting a younger audience to the brand 💪🏻🙏🏻
Huge? It's not huge at all. People unboxing toys have bigger view counts.
@@chadhartsees why are you here?
@@Pstmstr you're not going to be invited to Ramsay's Christmas party for being a Stan on social media.
@@chadhartsees don't want to be. Why are you here? Simple question.
Every dollar is the only budgeting tool I like using and can stick to every month. It has helped me change my financial picture drastically in the last 3 years.
Love hearing that! Way to go!
Whoever edits these videos, thank you for the laughs!
Sometimes it gets annoying
I really like you in this format, George. Your true personality really shines through and it's marvelous!🎉❤
LOL - "no-one's trying to tread on you, we're all scared of you, relax" took the words out of my mouth 😍
George Kamel is what you get if you combine every youth pastor on earth into one composite person.
Hello fellow youth groups
My favorite part of this video is when George said that housing should only be 25% of his take-home pay, but then proceeds to budget $1200 on a $4000 monthly budget
He did say "about" so there's wiggle room with the 25%.
Im ok with them saying 25% . Because we human dont lisent and go over. Imagine if they said 35% people will go 50%
. Im under 25% on my mortgage and its amazing and the only reason why we can pay all in 5 years.
At the end of the day is just a stupid house.
@@debbiefried3533I think that's fair if you buy a house, because your income will presumably increase and your mortgage (principal + interest) will not, but less fair when renting (like in George's example), since rent will go up over time
@@spencerroach8469this. "about" 25% is a target, not a starting point. It's okay to grow into that 25%, but don't do it in a way that keeps you cuffed for a decade first. A couple years, tops.
@@spencerroach8469Interest can vary dramaticly and also a principal if you have it in other curreny which can be the case for us in Europe...Some people faced mortgage go 2x higer then in the beginining.. you always have to have wiggle room...You can loose a job,have lower salery and so on.
At least he is acknowledging the after tax income. How has Dave not done the similar calculations when he gets callers.
George Kamel, you are out of control, but I can't stop watching.🤣
I change my sheets every week, and if I skip a week, it’s not the end of the world.
But about budgets, I use the EveryDollar app, but I cannot handle seeing only a few line items at a time. I start my budget on excel, which allows me to see the whole budget, every line, on one screen. I am a detail oriented person, but I really like to see the big picture too. I’m also a bit of a nerd, can you tell?
All I want to know is how does your team find all those clips to put in????? The editing is next level!!
I had the same thought lol 😂 is it someone’s full time job looking for funny clips all day?
You're doing an amazing job George! Please keep up the great work!
Editors are on point 👌
I LOVE zero based budgeting!!! I've been using this budgeting method for YEARS and its the best one
you guys are such a blessing for me. Every time I watch your videos I'm getting rid of all my stupid desires. Than you for making us wise.
Love George’s personality. He and Jade together on the show are GOLD!!
I feel like monetary giving should be paused until out of debt. In this example if this person would give time and volunteer as their side hustle it would pay the $400 effectively since that is the giving amount George decided on.
Wish with all budgeting apps you can start it the day you get paid.. if you get paid on the 15th and don’t get paid until the following month on the 15th that’s the one month. Reports and tallies are always in one month.
George you crack me up! Average single person bringing home 4,000 a month, I wish🙄
I just use a spreadsheet with a tab for every month. Each tab shows the current amount we have in each bank account, the total of our paychecks for that month, every single bill that is paid for that month, and what extra money we've spent whether it's some kind of emergency, maintenance, or just for fun. I even have this spreadsheet to estimate what we should have by the end of each month pending that we stick to the budget or no emergencies pop up. I base our fun money due to our expenses and what we want to be able to save after everything is paid for.
I love that you snuck in "the order of operations"..... those guys have some good advice, but the Baby Steps are (IMHO) a better way of life, I am a Ramsey fan for life. Dave, George, Rachel, Jade, John, Ken and the rest of the gang have changed my life for the better 10 fold. I strive everyday to pass on the blessings. You guys are the best!!! THANK YOU!!!!!!!
I wish you the best in your health and budget journeys. I do think that sometimes we spent a lot of time researching what we need to be doing but not enough time putting those solutions into actual practice. Good luck to you.
Glad to see you go over the every dollar app in detailed with this video. It's a simple but detailed plan. The thing I would love to add is if possible, any low cost monthly payments, try to see if you can go prepaid for a annual cost so you can free up your monthly cashflow to put towards other goals or debts. Example is paying yearly on my phone bill saved me a bit of money but also a years worth of concern.
I agree, I pay my Home Warranty, car, insurance, phone bill, and HOA bills in full to save monthly fees.
Dont forget banking fees, I figured that onenour just yesterday 😂. Pretty slow of me but its the little things that skip your mind and pile up.
I wish the every dollar app was available in other countries and with different currencies because Americans are not the only ones who budget, invest or watch dave Ramsey videos.
agreed.
Yes! Please @GeorgeKamel ask the team to create an "Every Euro" app
What? They are just numbers with a dollar sign. Just pretend it's a euro money sign.
@daseemore4377 not everyone is in Europe or America
I would love an Australian version!
Reading some of these comments from people about a guy trying to help people budget makes me realize what sad pathetic lives some people lead.
George, thank you for making this fun. You are hilarious!
Thanks for sharing the importance of budgeting. Love the edits. Budgeting is a great tool.
I would love a video on how to budget with an irregular income.
thanks for showing me how to add categories
Love the content George God bless!!!
A great, easy to follow introduction to budgeting and EveryDollar! I would love to see a video on budgeting with an irregular income at some point!
Base it off the lowest and save the rest
Thanks for going through the app. I’m going to give it a try. I’ll share it with my kids. Thanks
I skip having a monthly bill and try to save money as much as I can on it.. I pay $202.86 (mint mobile) for a whole year with 5GB of internet. That's around $16.90/month. I deleted all my social media accounts and left installed on my iPhone what I need: Maps, Calendar, Uber, Bus Ticket app, Obsidian (note taking app), etc. I did this to save internet data. I also don't finance phones. I save and buy it cash. In 2020 I bought the iPhone SE, still have it and works perfectly fine.
Keep up the good work George, love listening to you.
Gosh I love this channel and the humor . Teach how to be good at being frugal
Appreciate the tithing reference! First things first.
Yes I have an irregular income and need all the help I can get for budgeting. thank you!
Video on irregular income pls!!! I have irregular income and having a hard time with my budget.
“You work too hard - too feel this broke” 💕
Great video! I should really be a lot more strict on my budget. I have no debt other than my mortgage so I use a “pay yourself first” method where 25% of my gross income is saved or invested before it even hits my checking account. It’s much simpler
Yeah everything is simpler when you have no debt... That's obvious
@@rrrrrfffff agreed, if you’re in debt I have faith you can get out!
@@JakeSpradlin2 the reality is with our some sort of help most Americans are gonna be in some sort of debt and that’s not counting a mortgage
I’m in the same boat Jake! It’s a good life ain’t it
@@andrewbrande yessir! That’s the way to be
I like your sense of humor 👍
❤😂🎉 Perfection! You make being an adult fun! Keep up the great work!
Old video, but i wanted to add that when i started budgeting, it took me almost a year to figure out my husband & my spending. Why? Because i had no idea just how much i spent on travel and gifts during the holidays & birthdays! So to anyone who is starting out: think of your first year as your learning phase. It's okay if there are set backs and unexpected expenses. That's normal. Do your best and just be persistent and honest about tracking your spending. Once you know where all that money goes, you can tweak things as needed & before you know it you'll be debt free and feeling much better about your future. 😊
I think it takes a few months to feel comfortable budgeting. Then you tweak it as necessary.
George, I absolutely love this content. As a business owner who doesn't know their exact income for the month, can you please make a video about variable income and budgeting?
I liked and subscribed because you had me giggling 😂
That Nestle Crunch hit in the face made me subscribe. Well done.
I’m currently a full time participant in the gig economy, and a video on how to budget on an irregular income would be helpful. Love your videos!
Put in an estimate on the low end of what you make on average. Update your budget every payday and adjust accordingly.
Let’s see that irregular income video!!
Yes please, video on budgeting for irregular earnings income, ie all of us who are self employed. 😊
Yes video irregular income! Thanks!!
My favorite part is when he referenced the carving station guy from old country buffet.
I have been following Dave for a decade. The principles work. I can testify to that. My life is changed. Others in my life now need what I had. But this is a far cry. It is troubling to see the message has gotten so far off track and now feels lost. Where is the compassion, empathy, and understanding. All of us in the Ramsey family know the budget is key, but this feels like a slap in the face for the hopeless. I cannot in good conscience share this with those I love. I am hopeful the Ramsey way returns to what it once was. I love you George and know you mean the best but it is hard to see how those who are desperate and struggling might find some solace here. I implore you to watch this from the perspective of someone who needs something to hold on to. All love, no hate, I hope this message finds you well. Keep lighting the candle.
I appreciate the walk through with this app:)
Grrat video. Loved the Ginger Billy clip.
I would love to see a video about irregular income!!!! Really enjoying this channel! Thanks for the motivation and information.
best thing I ever did financially was create a budget and stick to it
Same here! I found money I didn't realize I had all along!
This is great! Would love to see a video focusing on the savings categories...I find the Funds feature doesn't work how you'd think. It counts as $ budgeted but not spent, does the app think it comes out of thin air? Any advice or videos on that feature?
I’m trying to figure that out myself!
The inserted clips are just too much……….fun!😂
Let’s get George to 1M subscribers! Share a video today 💙
He is such a great, refreshing addition to the Ramsey family. But one area they need to get with the times on is the true cost of housing in 2023. Sure there are places in maybe Alabama and North Dakota where you might be able to spend $900 on rent, but how often does that exist anymore? In live in NJ, and a 1 bedroom apartment with bullet holes in the walls runs about $1400. If you want to live in a mostly safe area with clear water running from the faucets, it’s closer to $1550. On a 74k annual salary, this is about 35-42% of take home pay. $1000 per month for an apartment simply does not exist anymore. Not anywhere in this state.
Agreed. Also … $75/month for health insurance?! 😳 Maybe multiply that by 10 here in 2024.
I love to budget. I get to have a line item for all those Expressos!!
Awesome video George! I'll happily trade some of our Canadian Bacon for the Every Dollar App being made available in Canada!
Ill upgrade eventually. pen and paper for me.
An irregular income version would be amazing, us hairstylists need help tooo
You can add more paychecks, if you can predict weekly, make it 4 paychecks, or if you are daily, add 30 or 31 paychecks 😂
My biggest takeaway from this is that I need to change my sheets lol
Please record a video showing the budget with an irregular income.
It will look the same you just have to get the average pay for the past 12 months and then on the lower months, you still have leftover income from the higher months.
I love the every dollar app! We’ve used it close to 2 years and are out of debt!
My problem is that I do this and see myself going over budget and I'm like yep, I'm going over budget as I proceed to spend more.
Yep, a common problem. That over spending is either going to debt or depleting cash. It’s fixable by increasing income or reducing spending.
This is pretty helpful. It would be nice if there was a way to enter regular quarterly income in addition to the regular bi weekly paychecks.
Love it..great advice
Hey George! All, items are great. However, I wanted to asked how would budgeting work when your paycheck is monthly, and it comes on the 20th of each month?
I have found my favorite UA-cam channel.
I’d like to see a video on budgeting with irregular income. Or a video with several incomes including like Daily Cash side hustle pay… how do you trackers I getting weekly or multiple days weekly
I’ve used this budgeting app nearly a year now. It’s not perfect but it really helped us track our spending on the go. I use this in conjunction with Google spreadsheet. The app for everyday tracking and spending on the go. And I use the spreadsheets to do monthly tally and easier to see month-to-month trend throughput the year.
If you were in that much debt, you would pause the $400 to the church until you were out of debt. Then you could snowball the debt with that extra $400.00/month.
Then you'd be stealing from God
@@corbinamondoNo you wouldn’t. You just wouldn’t be paying the business corporation that calls themselves “the church” they need that money to pay the rent on the building, preachers salary, electric, water, and so on. It’s not biblical to pay for these things and say that it is for God.
1. Please make a video on irregular income
2. Does Everydollar work for UK?
Who has $1200 rent anymore these day.
That barely exists anymore.
A studio in Detroit lol 🤣
My favorite part is when George mentioned he goes to planet fitness. Truly a George Kamel experience
"A great restaurant called 'Mi Casa'" 😂
"Mi casa" is the best 👍🤣
I like how you just add a side hassle to your budget and it automatically generates income for you. Where can I get this app?
Thanks for the app recommendation... I know it's in-network but I did JUST need one recently.
How do we send this to Congress?
Those utilities are really low except electric. Rent is low. 1200 is not 25% of 4k.
Lol first 30 seconds of this vid had me rollin. thanks for that.
Had to comment on the Earthbound sound clip
I would love to see the video of this with a freelancer income that varies from gig to gig
Would love to see a budget for when you get out of dept
Great video George & team! I have a little suggestion though. Since the GFX style of the video is very glitch contemporary, i think a redesign of the Ramsay logo for these kind of videos would be warranted. I feel like you guys could really create a fun vignette that would help the style cohesion. Small peanuts, but I thought I'd mention it. Keep up the good work!
Where do you put a “one off” drawn down from an investment? (Like for a holiday or home improvement). Call it a fund with a beginning balance? Or is a paycheck?
I don’t recall the Ramsey plan giving a church $400 a month when you are in baby step 2
Waste of money that could be put to better use
Great video
We needed this. Good job
George - I do want to see a budget on irregular incomes. I also need you to make the App available to people outside of the USA!! Please I need your help! (Who’s Donna summers 😊?)