George Kamel - I Asked People at Disney How Much Debt They Have

Episode Date: November 17, 2025

Today, I’m at Disney Springs near Orlando, Florida, asking unsuspecting tourists potentially uncomfortable questions about their money. Let’s do this! Next Steps: • 🎥 Watch my video GKYT426 (not yet released). • 📈 Are you on track with the Baby Steps? Get a free personalized plan. • 💵 Start your free budget today. Download the EveryDollar app! Connect With Our Sponsors:  • Get up to 40% off Cozy Earth with code GEORGE. • Get 20% off when you join DeleteMe. • Go to FAIRWINDS Credit Union for an exclusive account bundle!   Explore More From Ramsey Network: 🎙️ The Ramsey Show 🍸 Smart Money Happy Hour 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💡 The Rachel Cruze Show 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership   Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices

Hey guys, George Camel here. I'm on the road today in Orlando, Florida at Disney Springs. Home of sunshine, dull whip, and terrible financial decisions. And speaking of terrible, the weather is terrible today. And so we'll see if the decisions and the debt adds up. I'm going to ask total strangers about how much debt they have. Let's see how honest they are. Let's get to it. Do you guys have any debt right now? Yes.

How much? Well, my student loans, they're about 100,000. What was your degree? business administration. Who's out there charging a hundred grand? It's UNC Greensboro. Okay. They think there's something special, don't they? Yeah, I didn't get any like federal aid so it's all private student loans. Now if you get federal aid, he had no, he had no student loans. No student loans. You know, whenever you're filling out the FAFSA and everything, you gotta do it a certain way, you know, for it.

How much total do you have in debt outside of the, you know, student loans, everything, medical debt, credit cards, everything? Probably around 128,000, I'd say total. Okay. And you feel good about that? Not particularly. What's the game plan to pay that off? Just, you know, just keep working. I do extra shifts at work, so, you know, just keep saving. Okay. How about you? How much total debt do you have? Right now, I'm in grad school. The student loans is like 30, I think it's close to 35,000 at this point, and then like a thousand on my credit card, so like 36 probably, 36 to 40,000. So what's your game plan to pay off? You're, you know, 38. Same as her is just working, saving up. I mean, the, the debt is like manageable right now. Do you ever feel like I'll just die with the debt? Like what's,

is there a game plan to back? I'm going to pay this off in three years or is just kind of like, I'll make my payments. It's going to be probably in about 15 years. I'm assuming I'll get it paid off. I don't know. How old are you now? I'm 22. 37 years old. Maybe we'll have this knocked out. Are you guys in any kind of debt right now? I am. Yeah. Yeah. How much total would you say? Um, So mine's pretty minimal, I think, a credit card and a vehicle. Between the two, probably about 60. And that's minimal to you?

No, it's a lot. That's a lot. You said it's pretty minimal. I don't know what kind of neighborhood this guy comes from. That's a lot of debt. Maybe minimal meaning like it's not super spread out, but just a lot in a few places. It could be worse. A buddy of mine has got a bigger truck than I do.

So. Right. Pretty much. Okay, what's left on the car loan? 53. What are you driving? 24 Toyota Tundra. You're driving most people's 401K, my friend.

Yes. How about you? How much debt do you have? Probably $75,000. Oh, that's why he said it's minimal. He's like compared to her. Compared to me, yeah, he's, yeah. What's the $75 grand?

Break that down? Credit cards and then car loan as well. Okay, what's your car loan? Yeah, some student loans, yeah. What is my debt on my car? Like 60. 60. What are you driving? Well, I was terrible.

You rolled over negative equity, didn't you? Yes, I did. Yes. Yeah. So you rolled over negative equity. What are you driving now? Honda Pilot 25. What's your car payment? $1,200.

The face said at all. I love it. I know. Negative equity, don't do it. $1,200 a month for your car payment. Yeah. Due to the negative equity and the 2020, 2025 Honda Pilot.

Okay. How much your car payment? 982. And then the credit card 2 or 300 a month. So all in 1,200-ish, 1,300 a month.

Wow. So, yeah. That's impressive. So you guys are, I mean, you're just giving away the income every month at this point, right? Yeah. Yeah.

Like Honda financing just owns your life at this point. Yep. How much student loans we have left? Oh, gosh. I probably have 100,000 to student loans. Okay. add it all up in your head. I think we're doing this for the first time. How much debt do you have

total, total, total? I'm going to say at least 180 grand. Okay. Yeah, what are your monthly payments to make on all the debts? Okay, so student loans are in, what do you call it? Deferment? Yeah, right now. Forbearance? I'm still in school. Oh, okay. Got it. So, yeah, they're just going to get the can down the road. You're like, I'll go get another master's degree, maybe. Yeah. Yeah. You must be very well educated. Well, hey, I'm going to do my part to help you guys through this. going to gift you each and every dollar subscription. It's good for a year. It's the premium version. It connects to your bank. It'll coach you based on your personal finances into what to do next. Give you recommendations so you never feel stuck. Would you use it if we give it to you?

Yeah, I sure will. Will you be her accountability partner? A hundred percent. Yes. I think we need to sell some cars. What do you think? Yeah, probably. How far underwater are you on this pilot? I think, y'all, I don't need to sell my car. You all need to sell your car. Yeah, we need to get like a 1999, you know, Ford Ranger. Okay, I'm good with it. That'll cost you what, six grand? Let's do it.

I'll do it. Let's go back in here. Okay, we're going to do it. Where are they now? And it's going to be you drive into that Ford Ranger. Okay, we should. You got a Facebook marketplace. Now, is it going to meet back here in like a year for the...

We can't do that. I would love to. Yeah, I'll have it in the budget. I don't know if you guys will. If I see you here, I'm going to be real mad. Yes. Either you got an inheritance from grandma or I'm getting you on the next flight home. Okay, here you go. Enjoy every dollar and enjoy the trip. I don't want to put too much of a damper on it. You're already here.

Yeah. Have a good time. Thank you. Well, tell us about your financial situation. Are you in debt? No, I'm not. No debt. No. How about you? How'd you do that? Smart spending. Is that normal in Wales? Yeah. Like it's weird to have debt in Wales? A little bit, yeah. You don't tend to see it. as much. So in America we put everything on the credit card. Do you guys do that in Wales? I'm not often known. I mean I have student debt for that summary. You have student debt? So you lied to me already. I said do you have debt? You said I have no debt. How much student debt do you have? I'm about 21,000 pound I think. Wow. Okay. So you think you're going to pay off your student

loans and how long? How many years? It goes after about 20 or 30 years anyway. Yeah. So you're going to do like the forgiveness program, 30 years? I think it just gets done automatically. Yeah. So it just wipes away your debt. as long as you make minimum payments for 30 years. After 30 years, it just gets white. But you're making payments that whole time. I think so, but I think it's, I don't know, it works. You have to reach a certain threshold first.

And it's only like... That feels like a bum deal, as they say in Wales. No one says that. Can you tell us how much debt you currently have? The only debt we currently have is on our house. So, yeah, on our house, interest rate is low. So that's what we have right now. Do you have a plan to knock it out?

We do, yeah. We have a plan to knock it out. We pay ahead on our mortgage. Our interest rate's like 3.5%. So you're not like in a hurry, but you're like, hey, when we can put some extra, let's do it. Yeah, absolutely. And you guys are on the same page when it comes to that plan? Yes, we are.

What is a trip to Disney cost in 2025? I have no idea. This is our first time here, and we decided if we were going to do it, we were going to do it right. We wanted just. Lightning Lane, everything? Lightning Lane. planes, hotel. We've been married for 10 years though, and this is our first big vacation in 10 years. So it's probably going to cost us around $8,000, I would say.

How many days at the parks is that? That's eight days at the park. Eight days of the park. So about $1,000 a day all in. Probably. Or three of you? Yeah. Okay. But we're doing character meals every day.

Can I come? How was your daughter? Eight. Okay, that's a great age. So we waited until she was an age to really enjoy it. and we decided we were going to do it right and do it well and make it a big vacation. I love it. And did you pay cash? We did.

Like, do you guys use credit cards? No. For real. Like only debit cards? Yeah. I just, yeah, we just paid cash for our trip and made sure it wasn't going to affect anything. We work really hard. I mean, we're blessed.

We have great jobs. We have parents that taught us finances. but it did take us a couple years to save and do it right. I'm so proud of you guys. Do you think it means more once you save up and pay cash for a trip versus just swiping the card? Absolutely. When you have a goal and you and your spouse are both working towards it

and too you come in there's no stress. And so there's no like, how are we going to pay for this or how is it going to affect us when we get back? We just knew like we could do it and it fit our budget. I love it. I'm so proud of you guys. Thanks for chatting with me. Yeah, absolutely.

So proud of you. So proud. Can you tell me, did you guys pay cash for the trip? No. For half of it. The other half is on what? A Disney card. The Disney credit card.

Okay, who makes that? What bank is it? Chase. What do you get for putting it on the Disney card versus any old other card? It has six months special financing. So there's no interest for like six months. Okay, so is your plan to pay it off in six months? That is a plan.

That is the plan if we can do that for sure, yeah. That doesn't instill confidence. You're like, if we, I, ugh. Because otherwise it's going to, like, crank up to, what, 29% APR or something crazy? Right, yeah, absolutely. Okay, do you guys have any other debt? I have a little bit of school debt, yeah. Okay, what's left on the student loans?

Probably about 9,000. Okay, what was your degree in? I didn't finish college. Oh, man. Does that hurt more when you're paying off debt and you didn't get the end product? Yeah, absolutely, yeah, because it feels like I wasted it, you know. How much debt do you have? I have about 5,000.

What is that? What kind of debt? Credit card. Oh, so you already have some credit card debt. We're stacking it on top. Is it on the Disney card or a different card or seven other cards? It's on a different card. I did a balance transfer, so I didn't have interest for like 12 months. So you played this game before?

Oh, yeah. Okay. How many times have you done a balance transfer? Oh, just this once. Okay. Wow. Okay, so total debt, add it all up for all consumer debt right now. What is it? It's about 14,000.

Yeah. Okay. How long will it take you to pay off 14 grand? It's going to take me like six years, at least. Six years. The payment plan I'm doing, probably so. I think your payment plan sucks at that point, don't you think? Right, but there's no interest as far as I know, so at the moment.

She's going, uh... For his student loan debt, there is interest. Okay. Right now, there's no interest, but there will be later. There will be blood later on. Okay. Well, good luck paying it off, guys. Thank you.

Okay, tell us how much debt do you have right now? Like do you owe anybody anything, any kind of loans? I'm not. I don't right now. No credit card debt? No. How did you pay for the trip? Just cash?

Cash, been saving for a while. Where did this mentality come from that I'm going to avoid debt? Because I don't want debt and then I'm trying to save for a house and I was working on my credit too. So I did have a credit card, but I paid it off. So I may get a new one soon just to... Why do you need a new one? Just to keep working on.

my credit. Is credit a big deal in Puerto Rico? It is. Wow. So it's very Americanized in that way. It's like hey, you're what part of this? We've got to get the credit score. Yeah. That's not good. What do you need the credit score for at this point? I just got a car, but I want to get a house soon. You paid cash for the car. No, I'm paying. I'm paying money. I, I, I, I, you just told me you didn't have any debt. You're right, you're right, you're right. I do. Is everybody lying to me out here? Come on. I thought we were friends. I got a car. Okay, what's left on the loan? Like 20,000. 25,000?

20,000. How much do you put down? Three. What's the interest rate? If you ask me right now, I remember because that day I was high. I did sign for everything and I got the law. Hold up. So you came back the next day to get the car and you were high and you went, yeah, that sign right here. It sounded like a good deal.

When you were high? Yeah. That's probably what I did it. But I mean, it's no clue with the interest rate. It's a good car. Oh, I'm sure it is. And the payment is not that bad. What's the payment?

512. $512 a month for how long? How many years? You're asking me a question that I have not. I got out of the paper. She works with all that. Like, she's the one that takes her of them. Your girlfriend?

Yeah. She helped me with everything money-wise. What did she think about you getting out this loan? She wasn't happy about it. But she was, I mean, you did it, so... But she wanted me to pay on time and pay ahead. Like, her car is paid off. and she paid it ahead of time.

So she doesn't have any debt? No, she doesn't. Dude, you want to marry this girl one day, maybe? Yeah, I think so, yeah. I think you better get out of this debt, my guy. I don't think she likes it. She don't. The security glance flaring up going,

what other stupid things is you going to do when we're married? That's a question. I think she asked her so that question every day. All right, here's what I'm going to do. I'm going to hook you up with every dollar. It's our premium budgeting app if you're going to use it. Because right here, this is like me giving you $100 cash, right? So, here's what?

you're gonna do sign up download the app on your phone get a budget going and your girlfriend will be like who is this man I love this man so much more he's fiscally responsible he's tracking every dollar he's got his income he's got his expenses he's paying off the debt aggressively what do you think that sounds like a plan yeah all right I sure she will like it you're right but it's not for hers for you it's for you it's for you once you guys are married you can put your combine your incomes together then you'll really be building wealth

All right. Sounds good. Can I give you a new rule? Don't make any financial decisions while you're high in the future, okay? Is that fair? I try not to. I promise you I won't, but I mean, I try. Are you high right now?

No, I'm not. She's smart. Stick with her, dude. You need her as a chaperone at this point. Well, tell her we got a parting gift for you guys. Enjoy the trip. All right, thank you, man. Well, if there's one thing I learned today, it's that the American people are resilient.

In spite of their crippling debt, they're still going to make it even worse by spending a couple of thousand bucks to come to Disney. And regardless of where they're at financially, I hope you can see that there is a way out, not a 15, 20 year plan, not a I'm going to die with this debt. I'm talking two years, three years, and it starts with taking control of your money, looking in the financial mirror and saying no. Delayed gratification is the key to getting out of debt. You got to make some sacrifices now for a better tomorrow. And if you want to see more of me talking to strangers on the street, I went to Chicago recently and talked to more strangers about their debt and let me tell you, I was ill annoyed by it. So click here to watch it next

or use the link in the description below. And if you enjoyed this video, hit the like button, hit the subscribe button, and share this video with a Disney adult that will not stop talking about Dullwebs and Hidden Mickey's. Thanks for watching. We'll see you next time.