Are Gas Prices and Inflation Hurting You? (Watch This Video) 

Rachel will always be bae 😍

Probably Mrs Ramsey is the real boss at Ramsey household

I have a soon to be five year old daughter. Nothing gets past that kid lol.

@@I_like_turtles_67 same

I didn’t know that was his daughter

She was about a pig shy of getting fired on the spot

She's a multimillionaires daughter. Just playing the role for your benefit.

@@Whocares12343 she only speaks her mind cause Dave is her father. Dad isn’t going to fire the princess. 🤣

Funny. Rachel greatly irritates me when she doesn't take Dave seriously or is outright dissing him. I for example don't believe she is genuinely interested in finance, she is just playin her role in the family business, but she feels very phony to me

@@Gajdosh She seems very real to me.

Couldn’t of said it any better.

Best to live ‘Debt Free’ regardless of the economic climate!

Wouldn't his buying power be affected as well, but with more commas? Point still remains: inflation sucks less when you're progressing through the baby steps.

It is affecting me a little but but not so much that I am worried about it.

Dave is in his bubble

My thoughts exactly.

Find a local farmer!

@@realrichiewoods amen! Work the soil!!

Same here! It was a rude awakening for us in that we needed to learn how to sew, garden, etc. We didn’t go overboard, but we have since stocked up on flannel and other basics. We have started gardening and teaching our kids the same. We also started buying meat locally from a farmer and buying in bulk. It’s never a bad idea to be prepared.

Grow your own, establish connections with local farmers and dairies, work hard to figure out what your family needs to survive and make sure you have what you need with the resources available to you. For some, that is moving out of the city and growing/raising your own food. For others that means putting back extra food/water/ establishing rapport with your country friends and family and setting up a bartering system.

@@nchinth exactly, stop buying gas, eat cheaper and less meals, don't sleep and work Uber

@@nchinth you seem pretty sharp

You want to enjoy the fruits of your labor though

@@ib12541 I know that. But we have a full emergency fund, stay debt free, and live minimally so we can do the fun things with our kids. Now with everything costing so much more makes monthly expenses cost more so not as much extra money to do those things.

Rachel covered both the practical and emotional piece. Dave only address the emotional piece after Rachel.

As Dave says, get a second job... apparently you can make good money delivering pizzas.

@@absolutetruth3290 👍

Nepotism

Just think: if we had more responsible fathers raising kids. There would be a dramatic reduction of social problems!

Her other siblings are so out of the public eye. She's her fathers daughter for sure

@@highlyfavored2434 Requires talent to be on the talk show. She has it the other may not. Or simply don’t want to be in public and have chosen a quieter life.

@@sagatuppercut2960 ky

Who's okay with it? 😂😂😂

Nobody.

✍️ ✍️✍️

so glad you said this.

100 percent

My dad tried to give me the Dave Ramsey treatment when I wanted to borrow some money for my business. I told to knock it off and write a check. He did and I paid him back within a month as agreed. And really I just want 5 g because there was a check in the mail and I wanted to buy some equipment. But he wanted to over think it.

Negative, Rachel is clueless.

Of course, because the man is Rich, very very Rich

who actually buys a house with 20% down?

Dave is old fashioned his daughter is not.

Nah, her contributions seem unproductive to me. One of those “let them buy Teslas” types.

wow, very insightful.

@@ap-lt2oj 🤨😂

@@ap-lt2oj I love your sarcasm! 😄

Inflation is nothing new and it looks like many did not prepare if it's a real problem. Can't speak for me. I'm fine. Debt free with no financial issues. Always lived within means,saved,and invested so no problems.

@@blackworldtraveler3711 it’s not new. What is new is that it is being CREATED INTENTIONALLY.

My thoughts exactly. Dave: inflation, this and done. Rachel: inflation, do this which sucks. Rachel seems to be tuned in more to the average person, even going so far as mock Dave for complaining about filling his big truck twice.

7.9 CPI.. Real inflation is far higher.

7.9% 🤣🤣 ... it's well into double digits based on the more accurate original formula.

I agree, proof that it's hard for someone in Dave's position to relate to the more common American. This period in time is way more than "inconvenient" Dave. I'll be very curious to hear what the 3rd Pig has to say a year from now... stay aware and be prepared friends.

@@KKing-rf4ix Exactly. This is not some bill you talk to a collector about and file it away when it is done. The apprehension for people without a seemingly endless supply of money to put into an emergency fund is this may not be an emergency, but an indefinitely new way of life.

👏

I did the same but due to tight budget and... recent exspenses and now no overtime... even tighter finances. Making it tho but tightly.

Go work at target they’re paying 20$ an hour

@@RE2PECT Not enough for me.

@@eatenvegan1565 get qualified for a higher paying job then.

@@fyemusicplug6486 I think you're missing the point of my comment.

@@eatenvegan1565 you’re out complaining about $20 an hour yet you’re complaining about reasonable wages lol

Thanks for clarifying that you didn't literally die. I thought there was a ghost typing this comment.

@@mikemayo4812 In my experience, a lot of older folk get really annoyed when people exaggerate language like that. Possible that that is the community she surrounds herself with most and thus has been influenced to use those constant clarifications

@@ikeacha4153 or dont care and let common sense people understand that people dont die with jokes.

@@acruzro95 Some with certain levels of Autism do not understand sarcasm. It's a sad thing to see.

@@mikemayo4812 lol!

Exactly. Any honest discussion of “inflation” needs to include going after corporate price-gouging and monopolies

The PPI has outpaced the CPI. That means corporations have actually been holding back the temptation to pass on rising costs to the consumers. So it's been the opposite of price gouging. But there will soon come a point where they can't afford to hold back the rising costs any longer, and then consumers will really feel the impact of inflation.

Quantitative easing

Fair? When is life fair? lol 🤦🏻‍♂️

It's not fair but it doesn't need to be intentionally unfair.

You need Jesus

@@iamdaniel1263 yes everyone needs Jesus. How does that relate to my comments?

That’s why u have emergency fund.

Jesus isn’t real which is why he provides you no solace. But maybe try therapy, cannabis and gratitude. Oh and turn off the fear factory aka Fox News.

Even folks who have no debt might have to cancel DisneyWorld plans, depending on cash flow. But the world doesn't end, that's what's important.

Right, when your foundation is strong, you can weather unfavorable circumstances.😊

First time in my adult life that these gas prices aren't freaking me out. Dave has a point. The news keeps hammering the gas prices but I don't have to make life decisions at the pump. Get debt free and live well below your means while you are getting there and when you get there.

Same here. If you are in a good place financially, then the inflation won't kill you.

Don't like what you are getting paid? Then get a better job with a higher wage or get a second job. As they say, pull yourself up the bootstraps.

@@brianparrett114 Is not about the job is the fact that money is worth less and less each day so that is not the solution. The reason why the overtone window is so far to the left is because people on the right just say "we can adapt"

@@brianparrett114 wages never keep pace with inflation.

Every ideologue on the internet thinks the Overton window is moving towards their opposition.

@@MR3DDev prices aren't changing daily no matter how much hyperbole people peddle.

Lol

I thought the 4th pig was gonna shoot back at the wolf or blow the wolf’s house down. Or just set up a wind turbine to power his house.

The 4th pig set a trap for the wolf and grilled him.

@ Alina LOL 😆

Yep, but it’s the plan: De-Industrialize America, De-Construct the Constitution, De-Base the Culture, De-Value the Currency and Destroy the American way of life 🤔

It's easy for a person in his financial position to say things like this.

@@PowerNGlory I agree but his message isn’t wrong. We can’t change it.

But Alex jones is right

Goblins?

Are you 21? If not you had years to save for a rainy day.

Inflation is a regressive tax. So all the "freebies" the goverment gives out ultimately leads to inflation that hurts the people they claim to be helping.....How do you like them apples? Feel the Bern baby....

Those like Dave who are wealthy through capital are the least affected. Those who are cash wealthy or loaded with adjustable rate debt are the ones hurt by inflation.

If only inflation was 4-5%. Like unemployment, the way these numbers are calculated was updated in the 80s to generate friendlier numbers

He’s saying be prepared for emergencies and situations like this!

@@stephenshelton4267 it's way higher than what the CPI is claiming. The CPI is 7.9%, in real life it's probably double that.

Well said

Yes, I believe that's why she mentioned the "4th pig" or atleast that's my take. She is meaning while yes you can still afford these inflated prices, you still feel it to a degree. Where as Dave's take seemed to suit his situation where as regardless of what gas or other items inflate to, he still wouldn't be bothered because he just makes so much money! She was trying to make it more relatable to masses. I appreciate both of their takes though.

She did really seem to like being the 4th pig lol.

She lost points with the electric car comment though

What? No free lunches?

To plug in is not free either (she forgot to mention) how to get the Tesla home $ 😉 left out just by “accident”. I’ll stay with my paid off truck lol

Keep going 💪 you can do it. 🙏🏼🙌🏼

@@michelarosier1918 ty so much.I feel so discouraged sometimes.

@@Debi-1220 don't be, cause things are going to test you on your journey. I went through it myself, I had to stay focused, learned how to have a plan in place. Also, read books financial books to keep me motivated, the RU-vid videos like David Ramsay, and his other Ramsay solutions teams got me motivated to become Debt free. I'm not homeowner yet, but, I'm debt free, still do my budget and learned to say No to family members, friends that ask for money. You can do it, I believe you can. If you believe you can. God bless.

@@Debi-1220 dollar tree 🌳, not dollar general, not Family dollar, but dollar tree is where I find my best deals, just my personal experiences. You may find they all have value pricing.

Sell everything you don’t need that’s in good working order online now. Or garage sale for a quick flip. This guy never talks about money money 😉 big problem for his viewers

I'm in your position too. I make 70k/year, work from home but even when it comes to weekend driving gas is still a killer. It's not just gas, rent prices are through the roof which is the main budget killer. I feel like I'm doing well for my age in my twenties saving 15% into retirement but rent and food prices are through the roof.

@@NickPShow you are doing well. Better than i am. i'm 47

@@jennifermoffitt7294 That's what being in technology will do for you, it's never too late!

Don't forget the landlords who have raised their rents unjustifiably, also decreasing the standard of living for everyone. Or those selling their "fixer upper" homes for $200k+.

Your politics is showing. The people in the WH didn't create this mess, and I don't see them laughing.

The WH is the scapegoat. The Federal Reserve is to blame.

@@Alexis-wh2de Landlords raising rents is a symptom of the problem. The problem is the federal reserve expanding the money supply.

@@Alexis-wh2de you don’t think that perhaps their increased property taxes, increased cost of repairs, increased utilities cost (if they pay) could maybe just possibly have any correlation with increased rent?

Curtis so sounds like we should follow Dave's teachings about money if by following those same rules he is able to spend money now compared to what it used to be like for him in the past.

@@Sheryl777 no lie his teachings do work. Plus I like being reminded to watch how I spend and listen to others about how they chose to spend.

@@galupproperties3098 Agree...we were able to get out of debt (including the house) and build up savings by listening to what Dave says about how to handle money. Also are able to help others. A lot of people may think it's just common sense to know how to handle money, but surprisingly a lot of us didn't know until we listened to Dave tell us how to do it right. Not talking about Curtis at all when I say this, but I'm honestly not sure why some people are so against Dave's teachings, since that's something that can help us. Some seem to act as if Dave is trying to hurt others simply because he has been so successful himself. But what they fail to realize is how many people (including my family) that he has also helped along the way with his teachings about money. If you lift others up, how can that be a bad thing? It can't.

Dave has changed. He come across as an elitist that believes middle class Americans " even us that are out of debt, home paid off and months of savings" are less than. Sad.

@@lisarobinson6800 I've never personally gotten that impression about Dave, but if you do, then I'm sorry to hear that.

Yes, but it does hurt as much, more like a little sting.

Just means they keep the Mercedes for another year, no pain.

@@alinatamashevich3354 yep.

I don't complain about things I have no control. Just planned years ago. And have no issues now. I learned from past inflation,downturns,crashes,black swans,etc. If I ever complain it will be with giggles like Rachel.

@@blackworldtraveler3711 yep. Don’t put yourself into that position where you are not able to react.

actually , inflation is good if you have debt

@@murderouskitten2577 True, that. Higher wages with the same monthly payments.

What they say below ^ if your paying £300 for a car that’s not jumped in price and would cost you £400 per month. Your £300 car note isn’t a bad debt

@@murderouskitten2577 but not with rising interest rates

@@arshdeep691 - Interest rates only apply when you owe money.

Exactly. He's obviously out of touch with reality.

7.9% but i get your point to a tee. i feel it too.

No we are not all rich but if we are debt free we can adjust! That is what Dave is saying.

@@joycewright5386 I’m debt free. Been that way for two years. It’s insulting and foolish to say because you have an emergency fund 7.9% inflation shouldn’t affect you. That’s an out of touch rich guy speaking.

Let’s go Brandon

Lol $4 a gallon. It's double and triple that in other countries. I mean are you being serious? It's laughable.

@@neolithic3 your the only funny one..what a 🤡

@@neolithic3 I seriously paid $3.70/gal this morning. Just is what it is. Can't complain.

4.65 this morning

@@neolithic3 yes, $4 is a big deal. The minimum wages and average income is lower, so $4 is a lot when you’re making less than people in places with $6 gas.

Excellent point. The inflation is a lockdown without the mandate. That makes me even more mad than I already was. LOL

Yes true. If you are smart.

I don't feel like spending anything anyway. I cook myself for the most part and I know where to look for what in the grocery store. HAlf my clothes are from Goodwill. High gas prices? They were also that high in 2008. People haven't learned I guess. I drive a Camry hybrid and the things gives me 50+ mpg. So I really don't care about those gas prices. It's a dent in my budget. My neighbor with his V6 SUV isn't smiling at all. Well, then he should have known better before buying that gas guzzler for commuting. You see, there are smart people and not so smart people. Buying an SUV bc it looks cool and it is fashionable, is not smart. When I see what's on the road, there are a lof of dumb people.

@@mathisnotforthefaintofheart Yeah you have some truth to what you are saying but no need to criticize people. Just worry about you and not your neighbor. Wish your neighbor good things. Remember, karma can come back to bite ya!

@@tyroneshoelaces9742 I get your point but it irks me that people are complaining at gas prices whilst driving a gas guzzling SUV. No one forced my neighbor to buy that car to my understanding...

She needs a raise

I laugh at anyone saying "I can't fill up my truck". 😂

she made her point succinctly i was giving her a standing o

Trust my anxiety is literally making me exhausted daily with all this going on being a single mom

Buy the dip in ETFs

Marvin A Yes... I've heard Dave say many times, "Save for a rainy day, cause it's going to rain" (from time to time).

If you're going to look at history you should go back further. Yes, this may just be another 2008. However, this might also be another empire collapse such as Romans, Egyptians, or more recently the Dutch empire, the Soviet empire, or the British empire. The current administration seems to be driving this country swiftly into the ground.

@@timstatler3214 yeah but I rather focus on my life then waste my energy focusing on things out of my control

@@marvina8536 I needed this thanks

Well said

yes. this.

Think Aldi's

Exactly. Dave is a little out of touch.

You can't expect go through life without bumps in the road. This will pass.

All it takes is planning.... when gas prices were lower, nobody ever thought of saving up money for if gas prices go up.... I actually drive for a living and I've made it a point to always keep more than I need for gas set aside so I'm not affected by such things

I feel like our generation wants things too fast, wealth is built slowly and over time. Warren Buffett didn’t get his first billion till like 60. Our parents went through atleast two recessions and now it’s turn to live through some.

Stay focused on the long game, Brad. Investments will continue to go up over time. There have always been (and always will be) downturns and turmoil. But we have also always gotten through them. Stay the course.

All valid comments above. It's perseverance that gets you to the end goal. Keep at it if you are capable.

Yes will all lose! Nonsense excuses!

Brandon had nothing to do with that.

@@scarpfish Brandon had a LOT to do with that.

@@scarpfish Nothing? No sanctions on oil imports? No talk of some new colorful deal? Nothing Brandon has done could possibly make investors in oil nervous? C'mon man!

My husband and I aren't millionaires...but we are debt free and have a good emergency fund (due to having listened to Dave and followed his teachings!). I can honestly say that although no one is happy about things costing more nowadays, we are not, at least at the current time, panicking or in fear over the increase in costs. So what Dave teaches about finances has helped us tremendously! When you have more, you can also give more to help some other people too if need be, so there's that.

lol 😆

This deserves more likes.

Dave said the same,but Dave is right. If you had debt the anxiety will be 100x higher

That's good, and you should be, so much uncertainty.🤔

Nothing is secure.

You are fine. Take it easy. 2008 was horrible compared to 2022 (unless we get into WWIII).

@@rodrigofernandez9055 yeah, 2008 shaped me as well as others I'm sure. I was way underwater in my mortgage, no savings, no retirement, unemployed and was in line at a food pantry. It was such a trauma for me that I went ham for the next 13 years.

There is a solution for that: A psychiatrist!

Right now is an example of why we should go more green and depend on countries like Russia less for fossil fuel. If we had more solar power and nuclear power in the US, geopolitical issues wouldn’t affect electricity costs.

@@ezyryder11 I agree whole heartedly! I also agree with Elon Musk in that can't be done over night.

Well, that’s why we need solar panels. We don’t need to pay electricity and gas

she has her own show on youtube. check it out

Six months of food is way better than six months of fiat currency.

Time may come that you need to consider changing employment.

If your truck is part of your business, then isn't there a tax deduction related to the costs of operating that truck?

@@drbcrb I make about 3-6 times what anyone is willing to pay and my skills don't really translate into other fields. $12-15 an hour just won't cut it for a single dad!! 🤷🏼‍♂️

Do you not care where your money goes?

@@thunderspence8183 In these legacy countries, controlled. Not free. Legacies are the countries creating chaos, ‘playing intently the inflation game’, we call them the ‘big boy countries’, exaggerated in their own minds, to a high degree….. in these eschatological end times, prophetic times, where now, they’re ‘throwing everyone under the bus’. Amer., UK, Western Europe, and all of the English Speaking countries. If they only knew the prophecies, which are beginning, they wouldn’t believe it…..of what will be taking place in their respective countries. (God is not pleased and his recompense is arriving) One must have their domain settled, off grid, and really, no need for grand excesses of monies laying around. It’s time, basically, to head for the hills, while the book of Revelation is about to play out.

yes we are........

@@happycook6737 pennies savings..gas I still high no matter where you go.

So, how is that price now?

Dave said the same,but Dave is right. If you had debt the anxiety will be 100x higher.