The Hidden Benefits of a Debt Free Lifestyle

Video From ►”THEY LIE TO STEAL YOUR MONEY (Avoid The #1 Wealth Killer In 2024)”

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[VBoo]

It’s so true. My fiancé and I recently started getting a chef to make our breakfast and lunches because we’re both simply too busy to do it but we need to eat and we want good food. I still cook dinners and I get to be creative and enjoy the process of cooking because it isn’t under stress. It’s actually made our household so much more positive. Despite how simple it seems.

[TimeMachine]

If I make 10k a month and my bills are 8k, I have 2k at the end of the month. If I make 3k a month with 1k in bills, is my life that different?

[Penlandadam]

I can't wait for George's book. I bought 2, one for me and one for my manager. I going to buy more for my other managers that we have in the building.

I am on a different level then them. Yeah, they may make more then me, but my house is almost paid off, 27 months to go. So happy for it. They don't even own a house. They don't even have a thousand for Emergency Fund.

I love all the managers there, but it will take time for them to see things how I do. Will, is like the only one who gets it. About to head out for work, four minutes to two am. I have to be at work by three thirty am. Debt is a good tool, if you can use it in the right way.

[Anonymous-ldje]

Inflation has been absolutely obliterating my mortage debt over the past couple years, which I borrowed at 2.7%. At the same time inflation continually erodes the value of the dollars I slowly pay my debt back with, the value of my home is also increasing. Building wealth in two ways. Thanks debt!

[dustindustindontworry-jzdh]

I would make home cooked meals to save half on that grocery budget.

[Lolatyou]

The only reason I want a ton of money, is because I won't have to worry about working if I don't want to.
Should have almost 6 million (inflation included) dollars by the time I'm 65, more than 50% of it in a post-tax brokerage account.

The problem I have with the regular person's lifestyle is that they spend more money than they actually have.
If you save a portion of your money, it effectively means you can live on that much less of a percentage for your lifestyle.

Worse case if I end up saving way to much, by the time I'm in my 50s I'll just buy a nicer house and an expensive sports car.

[benb]

Become self employed and you’ll discover how small debt is compared to payroll, material payments.

[jamisonmunn]

Only one hidden draw back is never being able to buy a house. Been trying the often mentioned Dave Ramsey manual underwriting and so far haven't got anywhere.

[kabloosh]

250 bucks a month on health insurance? I bet those deductables and co-pays suck.

[MrNoBody_b]

Not surprised that Graham is debt free after all the money he got to promote dodgy exchanges to subscribers. Isn’t he waiting trial for this ? But yeah …take Graham’s advice …

[Eddieofficial]

Didn’t watch the video but my takeaway is buy and hold for 793 years. Got it.

[mattblah]

Average people need debt. Be smart about it and youll be ok. Ben Mallah >>> Dave Ramsey
And youe time is not as valuable as your health, which costs a lot of money. Private personal doctors and healthcare

[jloop_]

If you want to retire at 85 with a decent 401(k) and no credit card, this tool is for you. By tool I mean George.

[jloop_]

George and the Ramsey squad are about 20 years outdated and nobody should listen to most of the advice they talk about.