There's heaps of ways to be generous and not all of them cost money. Some time back one of our neighbours was seriously ill, our kids grabbed the mower and a wheelbarrow and went and did his garden. He was thrilled that people cared enough to help, and I was thrilled that I was lucky enough to have such awesome children.
This is my favorite way to give! Give of your time and energy 👍🏽👍🏽👍🏽 my church also does a food collection for the homeless shelters, like canned goods and pasta etc, which is not very much money at all.
I love creative giving. I was able to give both my younger siblings a jumpstart on their Roth IRA for Christmas. It is a gift that should keep on giving, and inspire them to continue to save even more.
God bless you and your dad Rachel, you changed our family tree! I haven’t been debt free since I was 19, 10 years ago! Now we’re debt free, over 6 months of emergency savings, we give (we need to give more we just got debt free and saved up in the last year during pandemic 2020). Life is amazing I’m cheering for everyone on here seeking debt free lifestyle! You can do it!!!!!! 👍🏽👏🏽😊👏🏽👏🏽👏🏽👏🏽👏🏽👏🏽
My parents financially lost everything in my late teens. My father had a breakdown and I had to watch my mother deal with collectors. They worked hard all their life, but they had business debt which meant a recession killed it. The debt forgiveness Ramsey Solutions did is amazing. I wish we had known such kindness when we were losing everything. I’m sure you’ve made a difference not only to the people in debt, but on their families.
I screenshot the video with the baby steps and cropped it so I have a photo of the baby steps on my phone!! Yay!! Can’t wait to get back into saving!!!
Love your Christmas blessing idea! Do you plan on sharing any of those calls? I would love to hear some of the best, to give me some motivation as my husband are in baby step 2.
For my giving I sponsor a non adoptable cat that lives at a rescue and cant be adopted because of health issues so by sponsoring him I help cover his care.
Is it ok to get 30 yrs mortgage and just pay or add 500-1000$ per month ( because for 20 yrs mortgage is same interest with 20 yrs and 15 yrs is only .22 lower than 30-20 yrs loan.
The reason they want you to go with 10-15 yrs mortgage is not just because of interest rate but also to put you in the physiological mindset of paying it off fast. The reason your asking is because you are trying to be safe and if you cant put that extra 500-1000, then your not going to miss a payment. There is a reason this is baby step 6. Once you dedicate all the money that was going towards debt to paying off your mortgage and you have 3-6 months emergency fund then you dont have to worry about playing it safe.
@@ianrobinson476 Well said. Crunching the numbers myself and its showing me to buy less home. I won't be in my 50s and 60s still paying a mortgage, I will be 39 and investing more for the next two decades.
What an incredible story at the end of eliminating people’s debt. I’m sure that helped their credit scores too which is a double benefit... not that the credit score matters in the long run but still!
Does your new book teach me to make a budget and get out of debt? Ir do I start with one of your different books? Thx! I need to face the music now! Where do I start?
@@ddfamf88 that is an actual philosophy argument. Some philosophers believe that no action can be taken without some kind of self fulfillment. Didn’t you hear how much joy brings THEM giving out? Which is not a bad thing if you are benefiting others but keep in mind that there is also a pleasure for the self in doing so.
I feel like you guys only talk to people who have extra money after paying bills. How about those whose paycheck is lower than all the necessities. And I mean where you don't have enough to buy food at the end of the month. So therefore after all bills are paid, you remain with minus $500. And I don't have a credit card, no car payment, no loans except for my mortgage.
I was in this position for 5 years with either breaking even or $200 left to spend, which usually got spent on vet bills. Then taxes kept rising and I got in 3 car accidents where one was hit and run that left me with $5500 damage. I had to borrow money to fix my car since I only have liability on it that took me 2.5 years to pay off. How I made it every month was by paying less taxes - zero internet on borrowing (try to even it by doing retirement savings instead) and find ways to creatively cut spending (ie cut my own hair, no AC or heating, prepaid phone, etc). My advice to you is try to get a second hustle, get a better paying job or get a renter to help pay for the mortgage. Or rent out your house and get yourself a small room (assuming you’re single). If you have family then thats what Dave is saying on budgeting (why are you having $500 deficit?), cut unnecessary spending (eat cheaply by cooking, shop thrift shops, get free entertainment), & get another hustle or a better paying job.
The Ramsey team does talk to people like that, and they're advice to folks in that situation is to downgrade their lifestyle and/or increase their income. Find some side hustle, extra part time job, etc. and sell things that are costing too much of your money, i.e. car (you say you don't have one) or house, and live on a bare-bones budget until you can get out of debt (the so-called beans & rice diet).
😂 I don't think you get to just "hook up" with a lady like Rachel! I think you have to court her the old fashioned way, then win her father's approval and then marry her!!
