How Cash Changes The Way You Look At Money - Dave Ramsey Rant

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[EricMuranoAU]

Can confirm. The first month I used cash only, we ended up saving $1k for the month. Previously we were living way beyond our means

[jamesmoore]

I guess that's why a cashless society is being promoted.

[johnnyapplesmith]

I'm 19 years old (graduated HS 4-5 months ago) and I feel like this guy's gonna be important for me to watch.

[ineedhoez]

Dave is so right. I did my envelopes the other day and dear god. I think about my money all the time. I set money aside for personal spending. I see it decrease and it makes me NOT want to spend. The mindfulness is amazing.

[thursdayswiththor]

Tipping with cash and being generous makes you feel good. Hope the person receiving the tip makes them feel good too. Thanks for the advice Dave!

[joiab]

Thank you, this is so true!! I'm a fitness instructor and as soon as I started taking credit cards, people would easily give me $800 for 10 sessions. I couldn't believe it!! $800!! Like it was nothing. But had I asked for cash that would never happen. Very insightful.

[AndrewKNI]

Even when grocery shopping, plastic does not provide any purchase restriction. If you go in with a set amount of cash, you make sure you don't overspend.

[mikedd]

Great advice! I stopped using my credit cards exactly 2 months ago, and it is changing how I feel about my money!

I started a plan at the beginning of the year to get out of debt. Tomorrow I'll have my truck paid off, and in the next 2 months I'll have 2 credit cards paid off, and by May of next year, I'll have rid myself of $36k of debt!!

It's liberating when you stop using credit cards!

[justinthematrix]

Another thing with cash is always save your change. It adds up big time.

[John-ygrt]

Caller: "Hey Dave, I'm just calling in to ask about this $20 bet I lost..." Dave: *"YOU NEED TO SELL THE CAR, ITS GOTTA GO"*

[hamamunashe]

Listened to Dave Ramsey, as i was preparing to relocate to the US, got hooked up. Two years into the US, I have bought a house with full down payment, zero debt, bought my cars on cash....Listern to Dave people

[Michelle-byfp]

So true! Breaking a hundred, fifty, twenty hurts

[deeboy]

Bank called me up the other day, you have been approved for a credit card sir, annual fee is waived! go away, I’m now a Dave Ramsey convert :)

[JacquelinePeters]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[jucaguima]

lol “you are freaking Harry Potter buying stuff” love it, so funny, so real Dave!

[kdash]

I remember it was a Friday night about a year ago, my girlfriend and I went out to eat at an Asian buffet. The payment was taken up front, I put the tip on the bill and added it to the total. As we were leaving, the server comes up to me and asks in a strong accent if I was not going to leave a tip. Once I finally understood her, I informed her that I had left a tip on the tab. Definitely an awkward experience, especially as others stared at her. Lesson learned, cash is still king.

[equisader]

Until a couple of weeks ago i was a "pay the credit card off at the end of the month" person. Now i take the cash out at the beginning of the month and my thinking has completely changed. I'm now keen to have a few notes left at the end of the month. Swiping a card never gave me that feeling. Uncle Dave is right as usual.

[JimmyHuynhdesign]

The ease of buying things is why I cancelled my Amazon prime.

[carlycastillo]

This is so true Dave!! As a waitress I mainly have cash on me, and it makes it a lot easier to NOT spend. I refuse to pay for anything other than bills with my debit card, anything I purchase for myself is done with CASH. It makes it so much more difficult to spend when you have to see the cash physically leave your wallet. I feel if other people followed this way of spending they would spend a LOT less.

[michaelpowers]

I’m starting a new budget, every Monday, I fill my car with my credit card, then withdraw $20 cash and put my credit and debit card in my safe and that’s my money for the week. I almost never spend that $20 and now I have cash piling up and getting ready to deposit it back in my bank account and start over. It’s amazing!