I Asked People What Their Car Payment Is…(Nashville)

Summary

Podcast Summary:

George Kamel (Ramsey Network) – “I Asked People What Their Car Payment Is... (Nashville)”
Release Date: July 13, 2026

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Episode Overview

In this lively Nashville street episode, George Kamel hits CMA Fest to quiz country music fans (and their families) about their car payments—especially truck payments. The episode brings Ramsey's no-nonsense, debt-free advice directly to real people, highlighting the variety of financial situations, car-buying decisions, and attitudes toward debt found in the crowd. George mixes humor, pop culture, and real-world money advice, busting myths and challenging common financial habits.

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Key Discussion Points and Insights

1. Car (and Truck) Payments: From Zero to Several Hundred

• Varieties of Financial Approaches and Attitudes

  • Some attendees proudly announce having no car payment due to paying off loans early or paying cash up front.
  • Others are still paying off significant balances and share their strategies and struggles.

• Highlights: Paid-Off Vehicles & Creative Fundraising

  • (00:29) A mom shares her 2021 Honda Passport is paid off after extra payments:
    • “I paid extra payments. Working my off.” – Mom
  • (00:47-01:00) She turns to Facebook yard sales to cover new expenses.
  • Daughters and younger respondents describe selling clothes and using round-up apps like Acorns to build savings and investments.

• Car Payments: Specific Examples

  • (02:21) Daughter’s car payment: "$360 a month, but I paid off in December. About $3,000 left."
  • (05:13) Nursing student: "399.83. They wanted to keep it under $400."
  • (14:53) Young man: "250 bucks. It's not a truck, but a 2015 Honda Accord."

• Some Participants Are Blissfully Unaware

  • (08:25) Teen on her 2025 Genesis: “No idea [what the payment is]. I’m just grateful.”

2. Debt Avoidance, Budgeting, and Saving Strategies

• Aggressive Debt Paydown

  • Several guests focus on making extra payments and avoiding new debt wherever possible.
  • (01:20) Mom and daughter engage in a circular economy—buying, using, selling, and funneling proceeds to pay off debt or fund new purchases.

• Cash Purchases Are Seen as an Achievement

  • (05:58-06:06) One daughter: "I bought it used and paid it in cash...it was $12,900 for a rebuilt title Buick Encore GX."

• High-End Vehicles, No Debt

  • (08:44) Real estate broker mom: "There's not [a car payment]. It's paid for." She gifted her daughter a new Genesis for her 16th birthday and drives a Range Rover herself, both paid in cash.

• Attitudes Toward Debt

  • (11:33) Mom (real estate broker): “I don’t like debt.” – Rare for her industry, George notes.

3. Investing and Financial Mindsets

• Early Investing Efforts and Learning the Value of Time

  • (03:04) Daughter: “I have an Acorns account. Is that investing?”
  • George emphasizes that “You can do better than the Acorns app.” (04:01)

• Understanding Compounding

  • (07:13) Nursing student, 22, crunched car payment numbers with friend:
    • “That’s the difference between 1.5 million and 6 million by 65.” – Nursing student
    • George: “Every dollar you invest right now will turn into 70+ dollars by 65. Wait until you’re 50, it’s $2.50.” (07:32-07:47)

• Work-Based Investing

  • Various participants contribute to work 401(k)/Roth accounts, with some employers providing matching contributions.

4. Socio-Economic Contrasts and Family Dynamics

• Privilege and Parental Help

  • (08:53-09:14) Some teens drive $70,000+ cars (Genesis, Range Rover), gifts from parents, paid in cash.

• Intentionality in Parenting

  • (10:21) Real estate broker mom: “They get for now, but they’ll have to have their own debt later.”
  • George warns about the “upgrade trap”—kids accustomed to luxury cars may always crave that standard (10:26-10:38).

• Job and Education Status

  • Several young people are in high school or just starting work.
  • Aspirations range from "dermatologist" to "I want to have enough money to do what I want."

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Memorable Quotes & Notable Moments

Humorous Snark

• (01:36) George: "They made an amendment that you can’t [wear the same clothes twice on Instagram]. It’s embarrassing."
• (04:07) George (joking): "Yeah, this is an MLM. I have essential oils. We got a band on the viral...I’m here to try to educate the masses."
• (10:38) George: “She’s used to ventilated seats first. She won’t drive a worse car ever again.”

Money Lessons & Ramsey Principles

• (07:32) George: “At 22, every dollar you invest right now will turn into 70 plus dollars at 65. Is that not mind boggling?”
• (11:33) Mom (Real Estate Broker): “I don’t like debt.” – Cited as rare in her field.
• (16:14) George: “Pay yourself first. Save first before you enjoy it and go spend it all.”

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Timestamps of Key Segments

• 00:23–02:06: First family discussion – from car loans to Facebook yard sales.
• 03:04–04:35: Discussion of investing via Acorns and cash envelopes.
• 05:08–07:57: Nursing student and friends—car payment analysis, investing, and compounding power.
• 08:00–09:59: High school teens, real estate broker mom, and luxury car ownership—discussion of privilege, gifts, and future expectations.
• 12:13–14:48: Truck owner who paid cash for a 2024 Ram 2500; negotiating with dealerships; utility use for trucks.
• 14:52–16:18: Young man with Honda Accord, strategies for paying down car loan, focus on budgeting and saving.
• 16:32–16:44: George’s closing thoughts and a pointer to more interviews.

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Final Thoughts

This energetic episode spotlights the collision of Ramsey money principles with real-world decisions about cars, debt, and investing—delivered with George Kamel’s trademark wit and honest reactions. Whether it’s moms hustling on Facebook, Gen Z’ers learning about investing, or families passing down both cars and financial habits, the show underscores the diversity of American money stories and the enduring importance of conscious, debt-free living.

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For Further Listening

George hints at a follow-up episode with more candid interviews:
"Click here to watch this next one where I asked even more country music fans about their truck payment..." (16:42)

Transcript

[George]

Don't call it a comeback, but I'm back here in Nashville at CMA Fest, the biggest country music festival in the country. And I'm here to harass country music fans about their truck payments and see just how honest they will be. So before we get to it, shout out to delete me for sponsoring the chaos. And with that, let's get to it.

What is your truck payment?

[Mom]

I don't have a truck.

[George]

What do you got?

[Mom]

A Honda passport.

[George]

Oh, that's nice. What's the year?

[Mom]

Maybe 2021. I'm not sure. It's paid off, though.

[George]

Oh, way to go. Was that from the get go? It was paid in cash or did you have a loan and paid it off?

[Mom]

No, I had a loan.

[George]

Okay. How'd you pay it off?

[Mom]

I paid extra payments. Working my off.

[George]

There we go.

That's the truth. You got any other debt?

[Mom]

No, that's it.

[George]

That was just the car loan. That's done.

[Mom]

It's the hotel I charged just now for a second. Yes.

[George]

On a credit card, yes.

[Mom]

But I had a Facebook yard sale before I came.

[George]

That's not making me feel better. You did a Facebook yard sale to

pay off the credit card bill?

[Mom]

Stories and stories. Days. For days, yes.

[George]

Are you with her?

[Daughter]

I'm her daughter.

[George]

Does the apple fall far from the tree?

[Mom]

Yes, I said little horse.

[Daughter]

Wait, no, it doesn't fall far. What does that mean?

[Mom]

It's still on the tree? No, I sell her stuff on Facebook. Yard sale for her. And then what do you sell on Facebook? Anything, shoes, clothes.

[George]

So you're buying it? She's selling it.

[Mom]

I usually buy it for her and then sell it and then give her the money back for it?

[Mom (Real Estate Broker)]

Pretty much.

[George]

Couldn't you avoid all this just by not buying it and hanging onto the

[Teen Daughter]

money I gotta furnish over?

[Daughter]

Because then if you wear it once, you can't wear it again if you post it on Instagram.

[George]

Oh, I forgot about that rule.

[Mom]

I wear my more than once.

[George]

That's constitutional. They made an amendment that you can't do that. It's embarrassing.

[Mom]

I sell random stuff, like puzzles, rugs, mirrors.

[George]

Where are you getting puzzles and rugs and mirrors from?

[Mom]

From my house.

[George]

Just random stuff in your house. Like, don't need that anymore.

[Mom]

All that paper Stu, you go buy

[George]

more of it to then go sell more of it.

[Daughter]

Yeah, I'm trying.

[George]

It's an infinite money loop is what you created.

[Mom]

I'm not doing. No, I'm not doing that. I'm saying my new motto, less is more minimalism.

[George]

Yeah, I love that. Okay. Do you have a car payment?

[Daughter]

Yeah.

[George]

You had to think about it. What kind of car is this? You're making model?

[Daughter]

You were going to ask me about my truck, but I don't have a truck. So then you said car, and then

[George]

I seem like a. You didn't seem like a truck girl.

[Mom]

What if I was?

[George]

Then I'd be mistaken.

[Daughter]

Okay.

[George]

I'd be happy to be around.

[Daughter]

My car payment is like 360amonth, but I paid off in December.

[George]

Oh, nice. So, small loan balance left. What's left there?

[Mom]

Around $3,000.

[George]

Oh, you know, more than she does

[Mom]

because her bill gets sent to my house.

[George]

What do you mean it gets sent to your house?

[Mom]

Her bill gets sent to my house because I still use, like, stamps and stuff, but she pays it on her phone.

[George]

Wow. So you get the paper bill, but you're paying the payment off your phone. Okay, what's the year making model?

[Daughter]

2018 Volkswagen Tiguan.

[George]

Oh, nice. That's a nice car. Gunner.

[Daughter]

Tiggy.

[Mom]

Sorry.

[Daughter]

Gunner was first car.

[Young Man]

Oh, wow.

[George]

Gunner's the X. Okay, we don't talk about Gunner. We don't talk about Bruno. We don't talk about Gunner. Okay, how about this? Are either of y' all investing right now?

[Daughter]

No, I have an Acorns account. Is that investing?

[George]

You know, are you rounding. Your spare change is being rounded up. How much is in there now? Can you show us?

[Mom]

No, but I brought a whole bank envelope full of cash that I accidentally pulled out at the gas station the other day.

[George]

I need to invest it accidentally. How much is in the envelope?

[Mom]

What's not on me? So about $700.

[George]

Okay. That needs to be invested. How long you been using Acorns?

[Daughter]

Probably like a month and a half.

[Teen Daughter]

That's pretty good, though, right? How do I.

[George]

That just means she spends a lot because it's just rounding up every purchase into Investments. Right.

[Daughter]

25 weekly. So how many months is that?

[George]

I'm not doing the math.

I'm too scared. Well, every.

Every four months, would you get 100 bucks? So you're talking over a year.

[Daughter]

Four is 100. So I've had it for, like, three months now.

[George]

Okay. Oh, 25 bucks a week is what you're saying. So 100amonth? Yeah, thereabouts.

[Mom]

Yes.

[George]

About three months.

[Daughter]

Math is hard.

[George]

Well, here's.

Okay, here's my. Can I give you unsolicited advice?

[Daughter]

Sure.

[George]

I think you can do better than the Acorns app.

[Mom]

Wait, is this what this is to y'? All Get Us invest our money in something. It's like a sales pitch.

[George]

Yeah, this is an mlm. I have essential oils. We got a band on the viral. No, we're not going viral. I'm here to try to educate the masses, get them out of debt, help them build.

[Mom]

Well, I do have some cash that I made from the Facebook yard sale that I probably do need them to do.

[George]

You have anything in retirement?

[Mom]

Yeah, at my job.

[George]

Okay, so you're still working and you're investing through your job?

[Mom]

Yeah.

[George]

Okay, that's good.

Do you know what kind of account this is? Well, hey, y' all are a great time. Enjoy CMA Fest.

[Mom]

Give me a business card.

[George]

Keep investing.

Do you think I have a business card?

Just Google me.

[Mom]

Okay, I'll do that.

[Daughter]

What's your name?

[Mom]

It was nice seeing y'.

[Teen Daughter]

All.

[George]

George Camel on YouTube.

Subscribe.

Do you have a YouTube as well?

[Mom]

She has a TikTok.

[George]

No, she's TikTok famous.

[Mom]

We want to be, though.

[George]

I think mom will get you there.

This is a. Yeah, I think. I think she get her a TikTok.

[Daughter]

Honestly, she doesn't know how to use it.

[George]

You film her and you all make the TikToks.

[Daughter]

You're good at it.

[George]

That's what makes it great. The worse you are, the more views you get. No offense.

[Mom]

No, I really told her. Cheers.

[George]

What is your truck payment?

[Nursing Student]

I don't have a truck.

[George]

What do you have?

[Nursing Student]

I got a Mazda 6.

[George]

You got a payment on it?

[Nursing Student]

Yep, unfortunately.

[George]

What's the car payment on that?

[Nursing Student]

399.83 very.

[George]

They wanted to keep it on. Did you go in there going? I gotta stay under 400, guys?

[Nursing Student]

Yeah, unfortunately.

[George]

They got you there, man. What's the loan balance?

[Nursing Student]

Sub 6,000 at this point.

[George]

Okay.

[Teen Daughter]

Yeah.

[George]

So we're getting there. How much longer do you think until it's paid off? You putting extra payments on it or you just kind of riding? Riding it out into the year?

[Nursing Student]

Yeah, hopefully by the end of the year. Paying college out of pocket's expensive.

[Daughter]

Oh, wow.

[George]

Here in school, too. What are you studying?

[Nursing Student]

Nursing.

[George]

Nice. Fantastic. All right. What's your car payment?

[Daughter]

It's $0.

[George]

Fantastic. What do you drive?

[Daughter]

A Buick Encore GX.

[George]

Oh, that's pretty fancy. What year is it?

[Daughter]

2020.

[George]

Oh, that is pretty nice. How'd you do this? How do you have no car payment?

[Teen Daughter]

I bought it used and I paid it in cash.

[George]

Saved up. Okay. Can I ask what it cost in cash?

[Daughter]

Well, it's a rebuilt title, so it was $12,900.

[George]

Wonderful. Okay. And are you guys investing currently?

[Nursing Student]

Yeah.

[George]

How much are you investing?

[Nursing Student]

I have a Roth that I try to max out every year. And then I also I work at U of M and they take 5% of my gross income and then match it 2 to 1 in a 401.

[George]

Wow, nice.

You know your stuff. How much are you investing per month, if at all?

[Teen Daughter]

I put 4% into a 401k and

[Daughter]

my work matches 2%.

[George]

Fantastic. And do you have any other debt? No, no debt whatsoever. And do you have any other debt outside of the car payment?

[Nursing Student]

I got $4,000 in school loans.

[George]

Okay. And you're trying to cash flow the restaurant, avoid more school debt. That's the goal.

[Nursing Student]

So I pay the interest on that annually.

[George]

You want me to crunch some numbers with you and see what this car payment can turn into?

[Nursing Student]

I'd love it.

[George]

Have you done the numbers on this?

[Nursing Student]

Yes, I have.

[George]

You have what this car payment is costing you or what?

[Nursing Student]

Just what this car payment is costing me. And if I could actually roll it into a Roth. Yeah.

[George]

So how much do you think that is over time?

[Nursing Student]

Well, it's $4,800 a year. Obviously by the time I'm 65, the early 20s numbers are important. I'm 22. So that's where it would be the difference between 1.5 million and 6 million.

[George]

Dude. So, you know, you've done the math. You've been thinking this is living rent free in your head.

[Nursing Student]

One of my buddies, Greg Dombrowski's a huge Dave Ramsey fan. And so he crunched the numbers with me back in February. And it's a painful experience.

[George]

Everyone needs a friend who be crunching and Greg is that friend.

[Nursing Student]

Thank you, Greg.

[George]

Well, I'll tell you this, at 22, every dollar you invest right now will turn into 70 plus dollars. At 65. Is that not mind boggling?

[Nursing Student]

It's absolutely insane. Especially most people don't know.

[George]

Yeah. And if you wait until you're 50 to put that dollar in, it turns

into $2.50 instead of $70.

That's pretty wild. And so it's amazing that you guys are getting this early. I'm proud of you guys for investing, staying debt free, becoming debt free. Keep it up.

[Nursing Student]

Thank you so much.

[Teen Daughter]

Thank you.

[George]

What is your truck payment?

[Teen Daughter]

Truck?

[George]

Yeah.

[Teen Daughter]

That's a her question.

[George]

That's a hurt. Do you have a car?

[Teen Daughter]

I have a car.

[George]

Do you have a car payment?

[Teen Daughter]

I'm sure I do.

[George]

You look. Does she pay your car payment? Okay, what's the year make and model of this vehicle?

[Teen Daughter]

A 2025 Genesis.

[George]

Okay.

This is a.

That's. That's like a $70,000 car, right?

[Teen Daughter]

I guess.

[George]

What's the car payment? Do you even know?

[Teen Daughter]

No idea.

[George]

You're just happy to be driving it?

[Teen Daughter]

Yes. I'm just grateful.

[George]

Okay. And you are the enabler here.

[Mom (Real Estate Broker)]

Yes, I am the enabler.

[George]

I want to know what a 2025 Genesis costs in today's day and age. Was I close?

[Mom (Real Estate Broker)]

I mean, maybe.

[George]

What's the car payment on that?

[Mom (Real Estate Broker)]

There's not one.

[George]

It's paid for.

[Mom (Real Estate Broker)]

Yes.

[George]

You acted like there was a big old payment that you weren't paying.

[Mom]

I don't know.

[Mom (Real Estate Broker)]

I really have to know all the details.

[George]

Okay. So was this, like, a gift for her?

[Mom (Real Estate Broker)]

Yes. Yes.

[George]

Okay.

[Mom (Real Estate Broker)]

16th gift? Yes.

[George]

16th birthday gift.

That's a very nice gift.

And you paid in cash. Most people can't do that. It's gonna be a money interview. Oh, this is all it is. You think I know anything about country music? Look at me. I look like Mr. Rogers and a Muppet had a baby. Don't laugh. Okay. What are you driving?

[Teen Daughter]

Oops, sorry.

[Mom (Real Estate Broker)]

A rain.

[George]

Don't be embarrassed. Listen, you're doing great. Everyone wants to be you one day. Okay? We want to know how you got there. A Range Rover. Okay. What year is that?

[Teen Daughter]

26.

[George]

Which one is it? I don't know my Range Rovers very well, but it's a nice.

[Mom (Real Estate Broker)]

It's a black one.

[George]

It's a black Range Rover. And is that one paid for, too?

[Mom (Real Estate Broker)]

Yes.

[George]

Heck, yeah.

Okay. You better be in the running.

What, are you driving a Range Rover as well? Is it matching?

[Teen Daughter]

No, this isn't my mom.

[George]

Well, I figured she's buying it for. Can you buy me one at this point? What are you. So you're driving a Range Rover as well? What year is it?

[Teen Daughter]

It's old. I don't know. I didn't buy it. But it's older.

[George]

Who bought it? Do you steal it?

[Teen Daughter]

My dad.

[George]

Okay, so dad bought it. Do you know the car payment or if it's paid off?

[Teen Daughter]

I couldn't tell you.

[Nursing Student]

I don't know.

[George]

So if there is a payment, he's paying it. You're not involved in this transaction. You're simply an innocent driver. I just drive. You just drive. Okay. That's fantastic. Do any of you have any debt at this point, then?

[Mom (Real Estate Broker)]

I mean, sure. We all. I mean, they don't.

[George]

They don't. That's good. At least it sounds like you helped them avoid it.

[Mom (Real Estate Broker)]

They get for now, but they'll have to have their own debt later.

[George]

Okay, so you get one really nice car, and then the next one's gonna suck because you're gonna have to pay for it.

[Teen Daughter]

Yeah, it sounds like it.

[George]

Here's the problem. I see. And tell me if I'm wrong. Mom, she can never drive a worse car ever again in her life.

[Mom (Real Estate Broker)]

Sure she can.

[George]

She won't, though. She's used to ventilated seats first.

[Mom (Real Estate Broker)]

I drove a worser car. Worser.

[George]

Worse.

Worse. Worser. Worser car. So you're gonna save up and pay cash for your next car?

[Teen Daughter]

Somehow I'm going to try a for effort.

[Mom (Real Estate Broker)]

I just got a job.

[George]

What are you in for work?

[Teen Daughter]

I work at a marina.

[George]

Oh, nice. Okay. Are you going to school? What do you.

[Mom (Real Estate Broker)]

What's I do?

[Teen Daughter]

I'm in high school.

[George]

Okay, fantastic. How about you?

[Teen Daughter]

I'm also in high school.

[George]

Okay. What are your goals for wealth building? Do you have any aspirations?

[Teen Daughter]

Yeah, I want to be a dermatologist.

[George]

Fantastic. Okay, Great skin. Love it. How about you?

[Teen Daughter]

I honestly don't know.

[George]

Still figuring it out. And mom, are you working right now?

[Mom (Real Estate Broker)]

Yes, we own a business.

[George]

Fantastic. What kind of business is it?

[Mom (Real Estate Broker)]

Real estate business. Signature properties.

[George]

Okay, so if. If you want to make the big bucks, real estate's a great avenue to go down if you want to be paying cash for luxury cars.

[Mom (Real Estate Broker)]

If you work really hard, work hard

[George]

over a long period of time, you can save up and pay cash for this stuff.

[Mom (Real Estate Broker)]

Yes.

[George]

Why were you so intentional to pay cash for the cars versus taking out a loan like most of America?

[Mom (Real Estate Broker)]

I don't like debt.

[George]

That's pretty rare for someone in real estate. I'm actually impressed.

[Mom (Real Estate Broker)]

We've been doing it for a long time.

[George]

So do you do your real estate in cash or do you do that with debt?

[Mom (Real Estate Broker)]

Well, we own the company, so we have broker.

[Mom]

I mean, we have a.

[Mom (Real Estate Broker)]

We're the broker of the company. And so we have agents and we have a management company.

[George]

Oh, fantastic. So you're not buying up real estate. I mean, you're. You're the agents and brokers.

[Mom]

Correct.

[George]

Okay. Not like investment properties.

[Mom (Real Estate Broker)]

We do have investment properties as well.

[George]

Fantastic. You want to be like mom when you grow up?

[Teen Daughter]

Yes.

[George]

Ballin on a budget. Well, it was so fun talking with you guys. Enjoy your wonderful vehicles.

Those are really nice.

[Teen Daughter]

Thank you.

[George]

Take me for a ride sometime.

Confession time.

All this country music has inspired me to record my own song in the studio, which I'll play for you shortly. But before we talk record deals, let's talk Phone deals specifically with my friends at Boost Mobile, a sponsor of today's video. With Boost Mobile, you'll pay just 25 bucks a month, forever on their unlimited wireless plan. And that means forever, which is longer than a dirt road in West Texas. Plus, there's no price hikes, no contracts, and no drama unless you're singing about it. Just bring your phone, keep your number, and start saving the Boost Scootin boogie way.

[Mom (Real Estate Broker)]

Okay.

[George]

Too far.

Make the switch [e-mail] Ramsey. $25 forever requires customers to remain active on Boost unlimited plan. You know what's sadder than a country ballad? Getting your personal info pillaged by data brokers. And I can't think of a better way to thank the cowboys and cowgirls that deleteme for protecting my data and sponsoring this episode than via song. So, as promised, do the delete me do si do. Cause my data's got to go. Take your spammy scammy slime. Shove it where the sun don't shine. The delete me do si do. Tell those brokers adios to keep your data safe online. You've got to go to join deleteme.com george to get 20% off an annual plan. Now back to that old dusty trail.

Tell us, what is your truck payment?

[Truck Owner]

We don't have one.

[George]

No? Do you have a truck?

[Truck Owner]

Got a 20, 24 RAM, 2500.

[George]

That's a nice car. Or a nice truck, per se. How'd you pay cash for that or pay off the loan?

[Truck Owner]

Well, we paid her car off a couple years ago, so we were able to save up and get me one.

[George]

So with the freed up payment, you said. All right, let's just snowball that into savings and save up and pay. What does a truck like that cost? Because I feel like trucks right now are so expensive.

[Truck Owner]

If you're doing cash, it's around 50.

[George]

Okay. And if you're not doing cash, I don't know.

[Truck Owner]

This was a used one.

[George]

Okay.

[Truck Owner]

So they probably would have tacked on some.

[George]

Did you haggle them down? Any negotiating skills?

[Truck Owner]

Yeah.

[George]

Were they kind of scared of you, though?

[Mom (Real Estate Broker)]

Little bit, yeah.

[George]

She said, were you. Do you kind of, like, go into mean mug mode when it comes to car negotiation?

[Truck Owner]

Yeah, I'm just black and white with it. Like, hey, man, paying cash.

[George]

Like, I'm paying cash. I'm not here to play games. You want to sell a car today, you go for it. If not, I'm out of here. Don't waste my time.

[Truck Owner]

Ship down the road. That's right.

[George]

Okay. What are you driving? 2019 Chevy Traverse. Oh, nice. You enjoying that? I love it. That's great. Are you doing anything utility wise with the truck or just you enjoy driving trucks?

[Truck Owner]

We live on some acreage, so I'm constantly using the truck. Our kids are into sports, so.

[Daughter]

Oh, nice.

[George]

Just throw everything in the back to

[Truck Owner]

have everything in the back.

[George]

Well, congrats on all the success, guys. Keep living debt free. What's your truck payment like?

[Truck Owner]

250.

[George]

250 bucks. What's the year making model?

[Young Man]

It's not a truck, but it's a 2015 Honda Accord.

[George]

Oh, nice. How long you had it for?

[Young Man]

Two years, two and a half.

[George]

Okay. You bought it used, I imagine.

[Young Man]

Yes. Yeah.

[George]

Okay. What's the loan balance?

[Young Man]

I'm not sure off the top of my head.

[George]

You're just paying the payment every month? Minimum payment. You got any other debt?

[Young Man]

I do not, thankfully.

[George]

Are you in school working full time? What are you up to?

[Young Man]

I went to school, I graduated. I got my associates at Metropolitan in Missouri.

[George]

Nice.

[Young Man]

So I haven't went back yet, but plan on it.

[George]

Okay. And you're working right now?

[Young Man]

Yes, I work at an ice rink in Missouri.

[George]

Nice. Okay, what's the game plan to pay the car off? Are you gonna try to pay it off early or make minimum payments until it's done?

[Young Man]

I mean, I wouldn't say it's minimum. I add a little extra, like 50 bucks just to, you know, take care of interest and all that.

[George]

Yeah. Are you renting right now or living with family? What's the living situation?

[Young Man]

I'm living with family right now.

[George]

Okay.

So once you think you graduate, you're

getting that full time job, you'll be able to throw more at that car.

[Young Man]

Correct.

[George]

Okay. You have any other goals around wealth?

[Young Man]

Honestly? I mean, I just want to have, have enough money to do what I want and then if I have extra, you know, I got extra, put it back. Savings? Yeah.

[George]

Is this like, I hope I have extra? Like, what's the game plan to have extra once you have that full time

[Young Man]

job works, Put money aside and then just go from there. Force myself to save.

[George]

Pay yourself first. Save first before you enjoy it and go spend it all.

[Young Man]

Yep, exactly.

[George]

Well, I got the thing for that. It's called a budget. Every dollar is the one that I recommend if you want to download in the app store, track your income, all of your expenses, and you won't wonder where the money went. It's pretty cool.

[Young Man]

Sounds good.

[George]

Good luck, man. I got to say, as much as I hate car payments.

I really enjoyed talking to some country music fans today and about their personal finances. Some encouraging, some very discouraging, and it's past my bedtime. But don't let the fun stop for you.

Click here to watch this next one

where I asked even more country music fans about their truck payment, click or use the link in the description. Thanks for watching. We'll see you next time.