Paying off a credit card with another credit card isn’t progress—it’s just debt in a different outfit. You’re not getting ahead, you’re just digging sideways. Start using the debt snowball method instead: list your debts smallest to largest, pay minimums on everything but the smallest, and attack that one with a vengeance. Quick wins = big momentum.
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4mo ago
georgekamel
There's a great place to go when you have no money…to work!
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8mo ago
georgekamel
🫠🫠🫠
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11mo ago
georgekamel
The only way you’ll always have a car payment is if you continually buy cars you can’t afford. Buying used cars with cash and upgrading over time is the only way out of this cycle.
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7mo ago
georgekamel
Marriage isn’t just a partnership, it’s unity. Money shouldn’t be a “me” thing, it should be a “we” thing. I’ve said it before and I’ll say it again: if you can share a bed, you can share a bank account.
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5mo ago
georgekamel
The best vacation is one that doesn’t follow you home.
Start a sinking fund, stash cash each month, and travel debt free because it just feels better when it’s paid for.
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4mo ago
georgekamel
What’s the craziest thing Amazon has told you to just keep instead of sending back? 👀
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11mo ago
georgekamel
If you’re only making minimum payments on your debt, try the debt snowball method to become debt-free faster!
Step 1: List your debts from smallest balance to largest.
Step 2: Make minimum payments on all debts except the smallest, throwing as much extra money as you can at that smallest debt. Once that one’s paid off, take the entire amount you were putting toward that debt and apply it to the next smallest debt on your list, while continuing to make minimum payments on the rest.
Step 3: Repeat the process with the next smallest debt until they’re all paid off. The more you pay off, the more money you can throw at your next payment—like a snowball rolling downhill, getting bigger and faster as it goes!
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7mo ago
georgekamel
The best kind of vacation is the one that doesn’t follow you home. Save up and pay in cash before you go so you're not still making payments long after the trip is over.
Bring home memories. Not debt.
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8mo ago
georgekamel
The average student loan debt per borrower is nearly $40,000. With an average interest rate of 5.5%, that works out to about $393 a month. And here’s the kicker: it typically takes borrowers 17 to 23 years to pay off those loans.
Now, let’s do the math that really stings. Paying $393 a month for 20 years adds up to over $94,000 — on a loan that started at just $40,000 when you graduated.
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6mo ago
georgekamel
It’s funny how we can somehow make time to binge-watch an entire Netflix series, but five minutes of tracking our money feels like a daunting time suck.
A budget doesn’t limit your freedom—a budget gives you freedom! It’s an intentional spending plan that grants you permission to spend.
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2mo ago
georgekamel
It’s all fun and games until you’re staring at 14 brands of almond milk and no lifeline.
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6mo ago
georgekamel
Shelby called into The Ramsey Show looking for advice because her boyfriend wants her to sign a prenup and have separate accounts when they get married.
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5mo ago
georgekamel
To win with money, you’ve got to add “no” and “not now” to your vocabulary.
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10mo ago
georgekamel
One Thing @daveramsey REFUSES To Spend Money On!
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4mo ago
georgekamel
Your Netflix subscription renewed as you were watching this video…
How do you go from stressed to blessed? One magical word: margin. Spend Less + Make More = Margin
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6mo ago
georgekamel
I hit the streets of Nashville to ask people how much debt they currently have 👀
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1mo ago
georgekamel
They’re not born knowing this stuff. Teach your kids how money works before you hand over the credit card.
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5mo ago
georgekamel
Just checking if my secret rich relative came through…