Also in this playlist...
This transcript is automatically generated
Joining us today for the at this -- narrow body Dave Ramsey.
Well it's good to be here thanks for what -- -- to the big town from your.
-- -- -- Well we're hanging out obviously got I think -- you guys will be on with Stuart Little while and hang out with their buddies down at WOR in the carrier radio show here very good you're doing great -- you -- you that tell -- said before Steve yeah that was off camera -- -- -- you know I'd say if you feel like that -- was -- in a lot of depth -- so one has to wonder are you laying down some.
Lunch for us well what I was doing his son up fighting for soccer tournament in the break but I didn't have enough time.
And plus they made me feel guilty using credit card -- could mail a check shirt won't Meet the Press as well he's my heart.
And Florida and a leg cut up credit it's -- does that include -- -- known only carry that that's what I don't we live on those other two cards in my pocket.
Debit card and -- credit card and actually four pieces of plastic my driver's license in my hand and carry permit.
Which doesn't work in New York we have -- that the federal mine rescue package -- not -- darted outside -- children which credit card do you care.
I'll just that they're deadly cartel is it to be so it's a VC yeah and I music -- credit card -- know in my opinion is.
And so the same thing went out to dinner last night you know which pay for it but.
It but the bottom line is you just don't overspend.
-- -- you're not gonna spend more than is huge in your checking account at least if you brings plugged in.
So you don't -- -- go and overdraft and -- people spend less and they.
Do a better job controlling their spending.
You know I don't like Henry sorry -- you don't like.
Using credit cards now don't have you have to if you think he'd known -- long as we hadn't realized that he's.
He's infamous for cutting up credit cards on the -- with this yes things that you -- negative connotation.
For yet this huge scissors and he would just cut them what to order on what I do is I just pay my credit card off every month and yeah that -- now.
Not to spend more than I can't.
And that's certainly not gonna bankrupt -- but the studies have shown that when you spend with cash.
Or is there with a debit -- spend less because especially when he's been with cash machine uncle Ben's face looking at -- You have a moment there you know it's an -- so it activates the pain centers of the brain actually -- and so it's a behavior management thing and of course we work with -- people have -- people -- financial coaching for.
Point five years and we don't find anybody getting rich with credit cards we find a lot of -- Getting bankrupt.
At the Internet because you know I have to say that it's that when you plug in your credit cards -- all these sites like I do you just you know it's very easy to go click.
And we've all done so easy to buy anything -- With pay per hour are like Amazon -- English pop up up up -- just bought stuff like crazy wanted to see that's that same thing it's that you're not activating the realization that money just left but it.
It but it is well.
You could argue that it's also at times they are always very convenient let's get it on him and it and and again as long as you're doing what you're doing where -- paying it off every month that's not -- bankrupt you or something like that.
But but we've just learned that if you manager behaviors you end up put more money because money is more about -- -- management.
Then it is really about some kind of convenience or some there -- a technicality because if something is sixty dollars that okay that's 320s.
And -- -- sixty dollars on.
The computer -- just to six in his -- absolutely and you know they've done that to us for their taxes and if they posted a tax man outside.
And if you got your check you had to pay him in cash if you got your check rather than being withheld -- scared their revolution absolutely.
Because people would realize how much the government is taking -- -- given only half the country would be part of the revolution because what close to half of it doesn't pay anything in federal income tax -- -- -- -- dance around him and -- a little snoopy dance as they left the building right.
But I mean even your Social Security withholding and that kind of thing.
You just you start realizing my goodness these people are taking everything I'm -- I just did my taxes cut the taxes thing back from the account and got its jaw dropping.
How much you know if the government spent the money wisely that -- one -- My new Jersey state income tax was -- -- -- thing you know what ever gotten out of that.
It's not the school's percent to because generally that is local tax and personal property that.
It's a lot it's so much I'm from Florida where there's no right local tax or state tax just federal and then I moved appearance in the northeast and yet -- first time paying taxes and likely what.
There's -- local -- I mean.
This game crazy you know and what's happening is like -- in Tennessee I would into the -- -- situation we have no income tax.
At all and we fairly low property taxes and so what we're seeing is tons of economic growth.
Because people are moving entire corporate -- -- of their out of these high -- states.
Because they don't want pay the taxes especially corporate executives that are making the decision on where the -- located and turn it could and you've also got a fantastic quality of life wouldn't wonderful.
A New York's awesome too we -- coming -- mutant that weren't -- that's where did you grow up.
In Nashville event and now -- your background and -- still home.
So are you friends of all those countries stars a few armor abilities like him.
I -- never mind.
I think -- -- can himself several -- such.
They don't care player on the referendum not a pleasant and we know you gotta go over to -- who were chosen it's 'cause it always pleasure thank you website is the greens -- dot com always it's always -- -- a lot of programs where people are in debt and they wanna get out.
The debt snowball and everything else you can melted form absolutely that's the deal -- guests -- and it's.
-- -- -- -- --
Filter by section