Millionaire Reacts To: What I Spend In a Week

Millionaire Reacts To: What I Spend In a Week
“What I Spend in a Week” videos are as popular now as skinny ties were in 2008. I’ve seen these videos all over social media, and what people are spending is quite frankly shocking. So today, we’re gonna take a look at a couple of these videos, I’ll throw in my 2 cents, and then at the end I’ll give you a breakdown of what I spend in a week.

Links:

George Kamel is a personal finance expert and co-host of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.

This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark.

[TuMadre]

the second girl in the video is an influencer who makes bank. she's definitely not broke, and can absolutely afford to pick up the check for her family!

[kattttt]

The second girl has a huge following (9 million on tiktok) and social blade says her monthly earnings on youtube is $11k-181k. I think she can get the check at the restaurant lol

[jenmitchell]

Spencer earns a very high amount. Proportionately she is probably just fine and still saving. George’s spend was more than I would have guessed!

[oliviafox]

This is like watching episodes of hoarders. You realize you're maybe not so bad.

[elvirarustamova]

The 2nd person in this video is a famous influencer, she makes plenty of money. She bought a house, renovated it, investing in creating her brands. So in her situation, that’s not terrible spending.

[joshuategeler]

We are about to drop $3800 this week to pay off 2 more debts. We are down to the last few debts and then on to baby step 3. The amount of stress that had been lifted since we stated budgeting in May is incredible. I can't wait to feel the relief of no debt.

[rossmacintosh]

George, permanent jewellery are typically bracelets, anklets, or necklaces that have no clasps. The store 'installs' them on the buyer and the wearer can't remove them without cutting or breaking them. Somehow they are popular.

[jamesstemmler]

The 2nd girl is Canadian I follow her. As a Canadian myself... keep in mind the prices are going to seem inflated on hers to you because of the like 40% difference between the USD and CAD. Our food costs all 4 limbs up here lol. And restaurants, don't even get me started. I literally treated my brother for breakfast for his birthday last week at Stacked and spent $65 just on breakfast lol. Trust me George, $95 is EASY to spend on a patio hang in Canada. Our food prices are no joke.

[infinitepurelive]

Mine would be 3 weeks of $0 spent and then the 4th week is 1000 for rent 1000 debt repayment and 700 for all my autopaid bills and 500 for groceries, been doing it for 7 months now

[Hannahbenowitz]

To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough. I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market, what are your thoughts?

[stitchysophie]

The 2nd girl is Spencer and she’s an influencer. She doing okay money wise so she can pick up the bill.

[gretchenshafer]

I'm convinced if you just plan an "errand day" per week you will spend less. Less gas, less temptation, less purchases....like no stopping for lunch, etc. I just leave the house less and bring lunch to work. It's not so complicated if you think about it

[dukeofrocjohnson]

When co-workers are teasing you about how "cheap" you are, or that you don't like spending money, you know you're right where you should be. Because it's not "normal, " it's not THEIR normal. Which makes you, much better off than normal.

[eli-bthe]

I would love to see Dave's response to someone calling in and telling him that they spend as much on pets as George does. $50 in one day on a regular basis for dog care and walking? I guess maybe I'm just too poor to understand....

[christylyndose]

I recognised the second girl named Spencer Barbosa and she is a very successful influencer who has bought her own house etc, so I would imagine she can probably afford to spend that money and get the check for her family etc. But I understand the concept, that the average person her age certainly couldn’t afford to spend like that! And if she spent differently she would be able to save a lot 😅

[amandasutherland]

The second person is a Canadian. One of the dollar stores in Canada has values of $1-$5. Very easy to spend $80 there.

[jakeb.]

You don't walk your own dog?!?! What is doggy day care? People seriously take their dogs to daycare! You guys also eat out a TON! I am impressed at your honesty George.

[CYCO]

My wife and I are on baby steps 4, 5 & 6, and spend just under $750 per week, total household budget (includes mortgage, electricity, phone, internet, etc) and all other expenses for a family of 3. Smartest thing spent on this week... Pizza, pack of chicken wings from Aldi, cooked at home for Pizza/ movie night with wife & daughter... with fixings, $23. Dumbest thing I spent on this week... late night dinner at Wendy's, $9.50 when I could have just gone without food during game night with friends.

[animarucaa]

I’m very frugal to a fault and sometimes feel bad when I spend on myself. I save ferociously and want to now focus on paying off my home. It will be a long, but exciting journey. These videos get me pumped to do better!

[rmcmahon]

Whoa! I missed the baby announcement! Did George say they’re expecting?!?! Congratulations! 👶🏻🍼❤🎉