George Kamel Breaks Silence on Dave Ramsey Controversy, Early Retirement, & Getting Debt-Free
The Iced Coffee Hour
Graham Stephan/Jack Selby
4.4 โข 786 Ratings
๐๏ธ 10 May 2026
โฑ๏ธ 94 minutes
๐๏ธ Recording | iTunes | RSS
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| 0:00.0 | Some follow the noise. Bloomberg follows the money, whether it's the funds fueling AI or crypto's trillion dollar swings. There's a money side to every story. Get the money side of the story. Subscribe now at Bloomberg.com. |
| 0:18.0 | Want to have money without having money. It's a fancy plastic IOU card that will have you swimming in debt for the rest of your and your offspring's life. |
| 0:28.2 | The system exists to screw you over. |
| 0:30.6 | The system exists to keep you broke. |
| 0:32.7 | And then you have a choice. |
| 0:34.0 | As a human being with free will, you get to decide whether or not you want to be a part of the system. |
| 0:38.3 | Americans are carrying more debt than ever before. 18.6 trillion dollars. What are most people wasting their money on? |
| 0:45.3 | Wants and not needs. And there's all sorts of ways you can get the thing you want now without having the money. |
| 0:51.3 | And that's the part that scares me. This is proof that the system is rigged or it's just a personal failure. Number one villain in this story is the person. And if I can teach people how to budget, how to get out of debt, all of a sudden, they can start affording the things in their life that they want without needing to turn to these companies. There is no magic time in your life or income level in your life when you go, that's when I'm going to get good with money. |
| 1:13.5 | Get good with money now, no matter what you're making, and then work to get your income up, and then everything will scale. |
| 1:19.3 | What happened to Ken Coleman? |
| 1:21.6 | What did he say? |
| 1:34.6 | Yeah. George Camel, Ramsey personality. |
| 1:36.6 | Thank you so much for coming on, the ice coffee hour. |
| 1:37.3 | It's an honor. |
| 1:38.5 | Is this my third time? |
| 1:40.0 | I think this might be the third time. |
| 1:42.1 | Maybe we had what the first one was with Dave Ramsey. |
| 1:43.2 | I joined him. |
| 2:19.6 | Then I think we've done two since then. So this is my fourth official. People love them. Oh, that's sweet. Well, thanks for having me back on. I always I love the show. So I'm a fan. Thanks for coming on. We have so much to cover. There are just some crazy studies. Have things been happening out there? A lot of things have been happening. A lot of debt has been happening. We have a lot that we need to disagree on. Okay. But first and foremost, an ex-Ramsey employee, Anthony O'Neill, made a video claiming that he's shifted perspectives since working at Ramsey. He said that if you have paid off your debt and stayed paid off for two years, then it's fine to start maybe getting an AMX card, paying that off at the end of every month, having a system |
| 2:24.4 | in place to make sure auto pay is on and start building credit. What do you say about that? |
| 2:28.9 | Well, I disagree. I see his point in that he's saying, hey, once you've had the discipline of |
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