George Kamel - Mr. Wonderful Goes Full Ramsey (Money Expert Reacts)

Episode Date: July 7, 2025

🛡 ️Get tax-ready with our free resources. TikTok is wild—especially when it comes to money advice. In this episode, I react to the most viral money content out there and weigh in on what’s good advice and what’s just plainridiculous. Next Steps: • 🎥 Watch my video How People Felt About Credit Cards 30 Years Ago. • 📈 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 20% off when you join DeleteMe. • Learn more about opening a high-yield savings account with Laurel Road. • Get up to 40% off Cozy Earth with code GEORGE. 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

Welcome back. I knew you couldn't stay away from a juicy react video. And today, my producer tells me we actually have some non-anger-inducing takes from the internet that might actually include some decent advice. So today I'm going to react to that while you enjoy and hopefully learn something. Let's do this. Sorry, guys, a little sore from CrossFit this morning. He's obviously lying. Good morning. Thank you for choosing McDonald's. Go ahead and order whenever you're ready.

I'll have a sausage muffin with egg and cheese. Anything else? That's it. Thank you. And I tell my wife, as I shave in the morning, I say either 261, 295 or 317. And she puts that amount and a little cup by me here. I love this. That determines which of three breakfasts I get.

Okay, 295. How you doing, sir? Hey, great. You're on candid camera. I see. Hello, everybody. But I'm not feeling quite so prosperous. What a legend.

My goal is 261, which is two sausage patties, and then I put it together. Who buckets down? Pour myself a cold. Hi. How are you? Gosh. Warren Buffett, just goaded. Absolutely goaded.

The caption is great. The market's up, bacon. The market's down? McMuffin. Warren Buffett's $3 breakfast hack isn't just quirky. It's a billionaire blueprint for financial discipline. Okay. You lost me at billionaire blueprint.

Okay, this has nothing to do. with being a billionaire, but his intentionality is why he is who he is. The comments section did not pass the vibe check. Let me read a few. From Triple RB cards, what a miserable life then. What's the point of being rich? Another one, I've known people like this, misers that value their bank account over enjoying life.

And finally, Jace, it's more of an illness than discipline. Okay, listen, Warren Buffett is ill, but in the cool old-school rapper way, not in the illness way, all right? Listen, I don't know why everyone's judging this guy. He's living his life. He's making his choices. He could afford whatever he wants. He's choosing to eat McDonald's.

Is it good for him? No. Is he very old and apparently is still surviving based on his eating habits? Yes, somehow. Against all odds. But I love the intentionality. And that's what really is leading to building wealth. It's not the miserly $2.95 for the McDonald's.

It's paying attention to where his money is going that has led him here over a long period of time while also being a hedge fund manager prodigy. And I get it. This is an extreme example, but intentionality like this is what leads to building wealth. And once you build wealth, you can't just stop caring and spend whatever you want. That's how you lose it. And truthfully, Warren Buffett could spend as much as he wants and never run out of money, but it's the thought process and mentality and habits around it that is causing him to go, you know what, I'm going to pay attention to what things actually cost. So we could learn a thing or two from our friend, Mr. Buffett. Next up, let's see what we got.

Dave Ramsey, you know Dave Ramsey, just very, hmm. I'm nervous about this bit, honestly. What's he going to say about Dave? Every time I go home, father, son, holy spirit, Dave Ramsey, ah. I was like, this guy's a genius better read this book. All right, what do we do first, Dave, save $1,000. Okay, what do we do, second? Don't spend money you don't have.

Who is this financial wizard? Oh, you got us, John. You got us. Oh, gosh, that's hilarious. and very on brand. John Christ has cracked the scam. We've been running over here, all right? But this illustrates an important point.

Winning with money really isn't all that complicated. Dave Ramsey didn't come, you know, with the tablets down from the mountaintop with some kind of crazy strategy to get rich and build wealth. It was, hey, once you get out of debt, you have, like, money. And then once you have money, you can, like, invest that money. Boom, baby steps. Forget secrets of the rich. Forget a thousand dollar course from an influencer.

This is all about behavior. We talk about personal finance being 80% behavior, 20% head knowledge. So thank you Dave Ramsey for teaching all of us that winning with money is common sense. And thank you, John Christ, for, I guess, giving me fodder. Let's keep this party moving. Teenager texts. W.T40. Oh my gosh.

Taxidervous, no. No. How do you do a tax evasion? I thought W-2 was a ban That's you two Can I claim my cat as a dependent Am I a ward of the state? Do we live in a halfway house?

Is this a part of a tax return? Am I a member of the clergy? What are you used for taxes, Geico? Oh my gosh. You can't make this stuff up. I believe that teenagers actually text this stuff as they attempted their taxes. Wow!

That was really. That one's going to take a while to sink in. I got to watch that one more time to really select, hand select the finest of these. Do I just give the tax guy my WD40? It's a lubricant. Taxidermist got me, because that one actually is confusing.

Like taxidermy, like stuffing dead animals as home decor versus filing your tax return? Who do I go to? You don't want to show up to the wrong office. That's an awkward encounter. You know, you bring a dead raccoon to your CPA. You're going to have issues.

You bring your W4 forum to the taxidermist, you're going to have issues. But taxes do be confusing, and truthfully, it doesn't make a lot of sense. It's overly complicated. There's no way around it. So if you're ever feeling lost in that department, let me make it easy for you. Go to ramsaysaysolutions.com slash tax. We've got tons of free articles, tons of free tools. We take all the guess work out.

I'm here to walk you through this teens. Do I need to do like a Taxis for Teens video? That could be, hey, let me know in the comments. If that's something you're interested in as a fellow, fellow youth. How do you do, fellow kids? All right, let's see what else we got. I've never made a proposed to, but something really special did happen yesterday.

My boyfriend came home from filing his taxes, and he said, Gabe, my accountant says that if we file jointly next year, we could save $9,000. So long story short, we're engaged. It was so romantic. Brilliant. Just brilliant. You got to love the simplicity of a comedian to just put it point. mainly. Who knew CPAs were the ultimate matchmakers? So it's not my favorite reason for getting married is the financial benefits, but it's true. They do exist. I mean, there's something to

that that when you get married, there are financial benefits that exist, married filing jointly. You know, it affects your income tax brackets, the deductions, the credits, a whole lot going on there. But I would not encourage you to propose early just because of that. But if, hey, if she's the one, put a ring on it, Jeff. I said, what I said, Jeff. What are you doing? What are you doing playing house with this girl, all right? Do you love her or not? I really do. Got too serious. All right, we'll get back to ticking and talking in just a minute, but first,

you ever wish those five minutes on summer mornings when it isn't 100 degrees could last all night so that you could stay cool and comfy while you're sleeping? Well, then you've got to check out Cozy Earth, one of the sponsors of today's episode. Their bed sheets, which are made from premium viscos from bamboo, are the softest, most breathable sheets I've ever slept on. And even when I'm awake, I'm rocking their joggers made of the same material, because I live by this principle, A, B, C, always be cozy. And right now, Cozy Earth is offering my fans an exclusive deal. If you go to CozyEarth.com slash George and use promo code George to check out, you'll get 40% off.

I can't do better if I tried, guys. I'm doing the most. So go check it out, use the link in the description, and happy shopping. Now, I talk a lot about setting boundaries with money on this channel, but what about setting boundaries with your data? Well, like it or not, your personal info is floating around on hundreds of data broker sites, you've never even heard of. And thanks to AI fishing scams,

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which works out to be about $9 a month. So go get it by going to join DeleteMe.com slash George or click the link in the description below. Let's get back to some brain rot videos. Let's do this. Stop buying coffee for $5.50. You know, you go to work, you spend $15 on a sandwich. What are you an idiot?

It costs you $99 to make a sandwich at home and bring it with you. You start to add that up every day. It's a ton of money. Most people, particularly working in metropolitan cities that are just starting out on their job, making their first $60,000, piss away about $15,000 a year on stupid stuff. And that's what they should start doing. So when Dave Ramsey tells you to stop buying $7 lottes, you go, boomer, but when Mr. Wonderful does it, you guys are like,

This is good advice. But it's true. And I wouldn't go so far as to call someone an idiot for spending $15 on a sandwich unless it was at subway. What are you getting the double foot long? What are they charging these days for styrofoam bread? Have you ever considered becoming a food critic? But I think Mr. Wonderful is right on the money with this one. And I'm not a fan of the whole like, well, if you just cut your latte, you'd be in a home by now.

I'm not a fan of that take. But I do think that wasteful, small purchases, these little treats, it turns into death by a thousand cuts. And over time, it keeps you broke. But think about this. You're saying 15,000 bucks. That's a little over $1,000 a month in just frivolous spending, Amazon, little treats, I deserve it, whatever it is. You can do better by making a budget, sticking to it, and being very intentional with

every dollar. And think about this, 15 grand times three years, that's 45 grand. So just let's do the math real quick here. $15,000, about it by 365. That's $41 a day. Could we all do better? Could we shave off $41 a day if we got a little intentional and got on a budget? I think so.

and that could turn into almost 50 grand in three years. So thank you, Mr. Wonderful, for this hot take. All right, let's try to end on a high note. Producer Alex likes to surprise me with a random video, and I'm curious to see what he has for me today. You know, and some of you say, white people don't have any culture. Then what is this?

I don't think you understand the heritage and athleticism it takes to be a professional, whimsical skidadler. Is what I'm saying? What's it? I don't think you understand the heritage and athleticism it takes to be a professional, whimsical skiddada. I love this so much. Everything about this video is perfect.

His delivery, the accent, the commentary, the verbiage. Are you kidding me? Wimcical skiddler needs to be my new Instagram bio. If Dave Ramsey would let me put that in there, I think that sums me up pretty well. And I will say, as a guy who grew up in an Irish Italian. Catholic part of Boston. I saw one too many Irish jigs on the talent show stage in my day. You can't unsee it. But God bless the white people for bringing what seems to be their attempt

at culture. We appreciate you. We see you. That's enough chaos for one day. I've officially hit my limit. But if you've got some juice left in the tank, you want to keep this party going, I've got another video queued up where I react to some of the dumbest things humanity has ever said about credit cards. So keep watching to check it out or click the link in the description. That's it for today. Be sure to hit like on the video, subscribe to the channel if this made you chuckle. Thank you for hanging out. We'll see you next time.