7 Money Habits to Master Before Your 40's

7 Money Habits to Master Before Your 40's
Today we are talking about 7 money habits to master before the age of 40. Even if you haven’t been very good with money in the past, you still have some time to catch up, and you may even have a shot at retiring a millionaire if you establish some good money habits now!

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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.

[savanah]

As someone in their 30’s THANK YOU for saying before you’re in 40’s! Seeing tips for 20’s makes me feel like I’ve already missed the boat! (Totally understand teens/20’s need to hear the sound money advice)

[rachelcrossen]

Pack your lunch for work! Every day. Saves thousands each year

[ViggsPR]

1:06 #1 Budgeting
2:02 #2 Living on less than you make
3:38 #3 Being generous
5:35 #4 Setting money goals
7:18 #5 sleeping on big money decisions
8:10 #6 Talking about money with your spouse
9:26 #7 Investing consistently

[foobarFR]

Watching Caleb Hammer is a good habit before and after your 40s.

[nicknacks]

George, please DON'T give up your day job. Your videos are hysterical!

[jamesclemons]

Congratulations on the show. What a brilliant move by the Ramsey organization. This is the exact type of show that young people need to hear and see. Love Dave, but you'll do a great job it reaching younger audiences.

[jeomo]

Lasagna! Having that for dinner tonight! First time making it from scratch. Wish me luck, y'all!

[chaselesser]

Let’s get George Kamel a Caleb Hammer Mug!

[xavier_lucas]

2022 was a hell of a year, I have made $350, 000 before taxes as the sole breadwinner and head of household. This is a great starting point and I’m very aware how blessed we are to be in this position, but I’m always looking ahead on how to improve. 
I currently have $88K left in student loans (originally close to $150K) and very little credit card debt (less than $2K with more than $25K available). I have two auto loans totaling $170K for two electric vehicles at 5% interest. I will appreciate suggestions from anyone who has been in same shoes on how to go about them.

[bigcahuna]

Caleb's voice going into squeaky mouse mode when he feels his client is being an idiot is hysterical

[sviolet]

I'm so here for the Caleb Hammer taquitos jokes😂😂😂

[punkbassandcovers]

I've had type 1 diabetes since age 11. I'm 41 now and I have been planning for the last 20 years to retire at 55. My life expectancy isn't going to be 80. I don't want to die at my desk. I will have the freedom to opt out of work earlier if needed. It's worth not getting Starbucks (or as we call it, Fivebucks) everyday to have options just a few years from now.

[alexpietsch]

George, please get in contact with Caleb Hammer so we can see you two debate back and forth for his million subscribers special

[Sweet]

Because of budget mom and you guys I am doing a budget now! We have not spend on credit card since 5/23. That is a bigg deal for us soon much! Still it feels like going against the water, but you guys coming to my feeds in you tube are my prayers answer from asking God, (help me manage what You give us) generosity, it is a big step, It Hurts sooo much but it is probable what has keep us going through the blessing other people give to us. Also we realized how little we were giving to our church!

[ModernDayDebate]

One of my favorite channels! Thank you! 👍👍

[freedomring]

I use every dollar for my budgeting ... I was using an excel spreadsheet, but absolutely love using the app

[danielaandrification]

My dad always gave me a budget for everything 😂 i am grateful for those life lesons made realize how it is 😮

[misslanapaulford]

What he said in the first 2 minutes, is exactly why I love the envelope method. Each envelope has a name and amount in big letters and u and your money know its purpose.
Do basic with white office envelopes or go fancy with the packs u can't get.. Envelope are cheaper and you can move over to bigger envelopes when the piles gets bigger and you can physically see it and touch it to remind u...

[marileemcpherson]

Love your sense of humor, George! Have a great weekend.

[sebastianpinto]

Love these videos cracks me up while learning lots, notes taken !