Latest news with #JadeWarshaw
Yahoo
03-08-2025
- Business
- Yahoo
Americans have reached their tipping point as gratuities spiral ‘out of control' — where Dave Ramsey draws a firm line
Tipping has become ubiquitous, but many Americans are burning out. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it According to a recent survey by WalletHub, nearly nine in 10 believe tipping culture has 'gotten out of control,' and 83% think automatic service charges should be banned. Nearly 3 in 5 Americans think businesses are replacing employee salaries with customer tips. On a recent episode of The Ramsey Show, hosts Dave Ramsey and Jade Warshaw attempted to answer the question: When is it actually appropriate to leave a tip? When should you tip? Warshaw advised to always tip in restaurants. 'Where you're sitting down, you're placing an order, there's somebody attending to your table … tip between 18 to 20%," she asserted. "I feel like if you can't afford to leave a nice tip, you can't go." Ramsey agreed, saying staff are working for tips and often aren't paid well otherwise. For close-contact services like haircuts or nails, Warshaw recommends starting around 15%. But for quick barista service or grocery delivery? She says it depends on how great the service was, if she knows the person or if they went through a tough time to serve her, like delivering items in the rain. "For me, tipping falls in the bucket with generosity, so I overdo it," Ramsey admitted, even if the food wasn't that good. "Here's the thing: The kitchen might have screwed up, not the poor waitress." He typically wants to tip, and leaves $20 on his bed for the maid every day he stays at a hotel, but clarified, "The times that I walk up to the counter and someone spins an iPad at me and I leave a tip [are] precisely zero. I do not tip there, ever." Ramsey feels no guilt about this practice he calls a "manipulation at checkout … it's nickel-and-diming you to death.' All in all, the pair lean towards tipping and showing empathy for service workers and what they must deal with at the workplace — a sentiment not entirely reflected in the average American's view. Tipping fatigue Driven by inflation, menu price hikes and pressure to tip on basic transactions, tipping expectations are probably fueling exhaustion, resentment, and blown budgets among consumers. The same WalletHub survey found some telling information: almost 60% of Americans feel businesses are using tips to replace employee salaries, while close to 30% end up tipping less when prompted with a tip suggestion screen. What's more, 40% believe an instant employee rating system, which businesses can use to determine staff wages, should replace tipping. Read more: Nervous about the stock market in 2025? Find out how you can People are possibly feeling confused and overwhelmed by the higher number of situations for which they're expected to tip, including in quick-serve food establishments and rideshares or taxis. In fact, one-third (33%) of U.S. adults say the frequency or amount they're expected to tip has increased in the last five years, according to a Morning Consult survey. Regardless of consumer sentiment around tipping, the service industry still depends on it, since for many people, tips are essential to their income and will remain so unless their wages increase. Tips without budget stress Want to show gratitude without breaking the bank? Consider these budget-friendly ideas: Cash-only tip jar: Keep a small bill, like $1 or $2, for cash-only gratuities at coffee shops or convenience stores. Daily tracking: Add a 'tips' category to your monthly budget, so you can splurge or skip deliberately. Service-based tipping: Only tip at sit-down restaurants, delivery orders, valet and services like nail or hair — no need at counters. Modest weekly tip budget: For frequent routine services (e.g. your daily barista) to cap your spending. Evaluate, prioritize and trade off: For example, you might prefer splurging on a nice dinner out with friends each month to your convenient, weekly quick-service lunch. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
03-08-2025
- Business
- Yahoo
Americans have reached their tipping point as gratuities spiral ‘out of control' — where Dave Ramsey draws a firm line
Tipping has become ubiquitous, but many Americans are burning out. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan 'works every single time' to kill debt, get rich in America — and that 'anyone' can do it According to a recent survey by WalletHub, nearly nine in 10 believe tipping culture has 'gotten out of control,' and 83% think automatic service charges should be banned. Nearly 3 in 5 Americans think businesses are replacing employee salaries with customer tips. On a recent episode of The Ramsey Show, hosts Dave Ramsey and Jade Warshaw attempted to answer the question: When is it actually appropriate to leave a tip? When should you tip? Warshaw advised to always tip in restaurants. 'Where you're sitting down, you're placing an order, there's somebody attending to your table … tip between 18 to 20%," she asserted. "I feel like if you can't afford to leave a nice tip, you can't go." Ramsey agreed, saying staff are working for tips and often aren't paid well otherwise. For close-contact services like haircuts or nails, Warshaw recommends starting around 15%. But for quick barista service or grocery delivery? She says it depends on how great the service was, if she knows the person or if they went through a tough time to serve her, like delivering items in the rain. "For me, tipping falls in the bucket with generosity, so I overdo it," Ramsey admitted, even if the food wasn't that good. "Here's the thing: The kitchen might have screwed up, not the poor waitress." He typically wants to tip, and leaves $20 on his bed for the maid every day he stays at a hotel, but clarified, "The times that I walk up to the counter and someone spins an iPad at me and I leave a tip [are] precisely zero. I do not tip there, ever." Ramsey feels no guilt about this practice he calls a "manipulation at checkout … it's nickel-and-diming you to death.' All in all, the pair lean towards tipping and showing empathy for service workers and what they must deal with at the workplace — a sentiment not entirely reflected in the average American's view. Tipping fatigue Driven by inflation, menu price hikes and pressure to tip on basic transactions, tipping expectations are probably fueling exhaustion, resentment, and blown budgets among consumers. The same WalletHub survey found some telling information: almost 60% of Americans feel businesses are using tips to replace employee salaries, while close to 30% end up tipping less when prompted with a tip suggestion screen. What's more, 40% believe an instant employee rating system, which businesses can use to determine staff wages, should replace tipping. Read more: Nervous about the stock market in 2025? Find out how you can People are possibly feeling confused and overwhelmed by the higher number of situations for which they're expected to tip, including in quick-serve food establishments and rideshares or taxis. In fact, one-third (33%) of U.S. adults say the frequency or amount they're expected to tip has increased in the last five years, according to a Morning Consult survey. Regardless of consumer sentiment around tipping, the service industry still depends on it, since for many people, tips are essential to their income and will remain so unless their wages increase. Tips without budget stress Want to show gratitude without breaking the bank? Consider these budget-friendly ideas: Cash-only tip jar: Keep a small bill, like $1 or $2, for cash-only gratuities at coffee shops or convenience stores. Daily tracking: Add a 'tips' category to your monthly budget, so you can splurge or skip deliberately. Service-based tipping: Only tip at sit-down restaurants, delivery orders, valet and services like nail or hair — no need at counters. Modest weekly tip budget: For frequent routine services (e.g. your daily barista) to cap your spending. Evaluate, prioritize and trade off: For example, you might prefer splurging on a nice dinner out with friends each month to your convenient, weekly quick-service lunch. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Here are 5 simple ways to grow rich with real estate if you don't want to play landlord. And you can even start with as little as $10 Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind.
Yahoo
29-07-2025
- Business
- Yahoo
Dave Ramsey Caller Says, 'I Have $12 Million. She Has $50,000.' He Wants A Prenup, But She's Pushing Back
Derek from San Jose, California, recently called into 'The Ramsey Show,' hosted by Jade Warshaw and Rachel Cruze, to talk through a difficult financial and emotional decision. He's 36 years old, newly engaged, and planning to blend a family of five kids ranging in age from 10 to 12. But there's one major issue: he has $12 million in assets, while his fiancée has $50,000. He wants a prenuptial agreement, but she's struggling with the idea. 'It's Been Emotional' 'We started the process of looking into a prenup, and it's been an emotional one,' the caller admitted. 'I totally understand why.' Don't Miss: Be part of the breakthrough that could replace plastic as we know it— $100k+ in investable assets? – no cost, no obligation. He said they completed a questionnaire together to begin the process, and things seemed OK at first. But when his lawyer sent over the first draft, everything changed. 'She's really not been feeling good about it,' he said. 'She feels like I wouldn't be fully entering the marriage in the same way that she is because it feels like I'm holding assets off to the side.' His concern is practical. He wants to protect what he built, but not at the expense of the relationship. He said his goal is to protect their marriage, adding that he understands it can feel 'condescending' to her and her family, as if they are the problem the prenup is trying to defend against. Cruze and Warshaw were sympathetic but didn't shy away from hard truths. 'You're hoping and praying this is the one and it's gonna last a lifetime,' Cruze said. 'But we also don't live under a rock. Unfortunately, some really hard things happen and does cause marriages to break up.' Trending: Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." The Terms So Far The caller explained that under the current draft of the prenup, everything they bring into the marriage would remain separate. However, once married, all income would be shared. He added that his fiancée plans to stop working to care for the kids. He's also planning to pay off her small remaining debts and buy a home titled in both their names, treating it as community property. Still, one key part of the prenup gives her pause: the $12 million and its growth would remain his. Warshaw asked whether they had considered a phased approach, where some restrictions would fall away after years together. The caller said that wasn't part of the agreement but liked the idea. 'I would be wondering about that if I were entering the marriage,' Warshaw said. 'How can I be a player in how that grows from here on out?' Cruze added that the framing might be the issue. 'It can feel like the $12 million is off in this corner and we're never going to participate in it,' she said. 'But the only time it's not hers is if you guys legally go through a divorce.'A Sensitive Balance The caller emphasized his desire to provide for both her and her children, including if something were to happen to him. 'I absolutely would want her and her kids to be taken care of,' he said. Cruze and Warshaw agreed he was approaching the situation with humility and grace. 'Your tone feels very humble and gracious, which I think she probably very much appreciates,' Cruze said. They encouraged him to seek help from a marriage counselor to work through the emotional side together. Read Next: The average American couple has saved this much money for retirement —?Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Dave Ramsey Caller Says, 'I Have $12 Million. She Has $50,000.' He Wants A Prenup, But She's Pushing Back originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Yahoo
26-07-2025
- Business
- Yahoo
Pittsburgh man tells Dave Ramsey he wants to marry his girlfriend of 8 months — but balked when she suggested a prenup
Mike, 36, from Pittsburgh called into The Ramsey Show for advice on his relationship's next steps. He told Dave Ramsey, 'I want to propose to my girlfriend, but we disagree on finances.' Mike quickly expanded that the couple discussed their potential future together — including his intention to combine their relatively similar assets — devolved when she requested a prenup in order to keep their finances separate. 'I see no reason for [the prenup],' said Mike. Dave Ramsey and Jade Warshaw agreed. 'So, you're not ready to propose,' said Ramsey. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Getting on the same page before marriage Mike recently sold a piece of land and will walk away from the deal with $180,000. He's made a budget and plans to use those funds to pay down the mortgage on his own home and be mortgage-free within four years. As they've gotten more serious, Mike broached a conversation about his intention to combine their finances in the future. Eventually, once they potentially marry, he wants to buy a bigger home with his now-girlfriend. His girlfriend, who owns a rental property of her own, doesn't want to combine finances at all, even though their assets are similar and she doesn't come from a wealthy family. Instead, she wants the prenup to outline individual assets and keep their money separate. In fact, she represents 50% of American adults who are open to prenups and hers would represent one in five marriages that actually have one, if she were to go through with getting it. However, after learning the couple has only been together around eight months, Ramsey advised against jumping into an engagement right away. 'You've got some more work to do on this relationship before it becomes a marriage.' Ramsey pointed out that, 'The number one cause of divorce in North America is disagreements over money.' With that sobering statistic in mind, Ramsey suggested the couple get on the same page about money before taking things any further. According to Ramsey, disagreements about money generally reflect a deeper misalignment of values, which is important to work through before getting married. 'I think you scared her,' said Ramsey. She might not be ready to combine her finances due to other fears, particularly around completely trusting a spouse with combined finances. 'What it sounded to me like what she was dealing with was fear-based and it wouldn't have mattered who the guy was,' said Warshaw. But when considering marriage, Mike and his girlfriend still have work to do. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Financial red flags that can predict a breakup Financial disagreements can put strain on any relationship. In fact, a recent survey from the New York Post found that 32% of Americans are uncomfortable discussing finances in their relationship. And 44% worry that discussing finances with their partner will lead to disagreements. If you cannot openly discuss finances with your partner, it's often a red flag. When sharing your life with someone, the ability to openly dialogue about big picture issues, including money, is critical. When a partner actively avoids talking about finances, it can put an ongoing strain on your relationship. After all, anytime you need to make a household money decision, the lack of communication could quickly lead to an issue. In Mike's relationship, Dave already spotted one financial red flag: this couple has mismatched goals. Mike wants to pay off debt and interweave their finances. In contrast, his girlfriend wants to keep her assets protected, just in case. This pre-made exit strategy represents a red flag in Ramsey's eyes. Another potential red flag is when your partner hides financial information from you (the extreme end of this is financial infidelity). While you might not talk about money on your first date, you'll want to put your cards on the table as the possibility of marriage enters the relationship and as managing shared finances becomes a part of the equation. If one or both partners can't bring themselves to share their financial situation, it could represent an impasse for the relationship. And it can take multiple conversations and time to work through this new chapter together in a thoughtful and strategic way. Another issue can be being on different timelines. For example, wanting to be mortgage-free by 45 while another individual is okay with delaying this milestone if it means travelling and enjoying life a little more. One option is to enlist the help of a pre-marriage counselor — a suggestion Ramsey made to Mike. Building a joint value framework together that both parties can agree on and make decisions with can help this couple step into their marriage with confidence and not fear. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-07-2025
- Business
- Yahoo
Pittsburgh man tells Dave Ramsey he wants to marry his girlfriend of 8 months — but balked when she suggested a prenup
Mike, 36, from Pittsburgh called into The Ramsey Show for advice on his relationship's next steps. He told Dave Ramsey, 'I want to propose to my girlfriend, but we disagree on finances.' Mike quickly expanded that the couple discussed their potential future together — including his intention to combine their relatively similar assets — devolved when she requested a prenup in order to keep their finances separate. 'I see no reason for [the prenup],' said Mike. Dave Ramsey and Jade Warshaw agreed. 'So, you're not ready to propose,' said Ramsey. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how Getting on the same page before marriage Mike recently sold a piece of land and will walk away from the deal with $180,000. He's made a budget and plans to use those funds to pay down the mortgage on his own home and be mortgage-free within four years. As they've gotten more serious, Mike broached a conversation about his intention to combine their finances in the future. Eventually, once they potentially marry, he wants to buy a bigger home with his now-girlfriend. His girlfriend, who owns a rental property of her own, doesn't want to combine finances at all, even though their assets are similar and she doesn't come from a wealthy family. Instead, she wants the prenup to outline individual assets and keep their money separate. In fact, she represents 50% of American adults who are open to prenups and hers would represent one in five marriages that actually have one, if she were to go through with getting it. However, after learning the couple has only been together around eight months, Ramsey advised against jumping into an engagement right away. 'You've got some more work to do on this relationship before it becomes a marriage.' Ramsey pointed out that, 'The number one cause of divorce in North America is disagreements over money.' With that sobering statistic in mind, Ramsey suggested the couple get on the same page about money before taking things any further. According to Ramsey, disagreements about money generally reflect a deeper misalignment of values, which is important to work through before getting married. 'I think you scared her,' said Ramsey. She might not be ready to combine her finances due to other fears, particularly around completely trusting a spouse with combined finances. 'What it sounded to me like what she was dealing with was fear-based and it wouldn't have mattered who the guy was,' said Warshaw. But when considering marriage, Mike and his girlfriend still have work to do. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it Financial red flags that can predict a breakup Financial disagreements can put strain on any relationship. In fact, a recent survey from the New York Post found that 32% of Americans are uncomfortable discussing finances in their relationship. And 44% worry that discussing finances with their partner will lead to disagreements. If you cannot openly discuss finances with your partner, it's often a red flag. When sharing your life with someone, the ability to openly dialogue about big picture issues, including money, is critical. When a partner actively avoids talking about finances, it can put an ongoing strain on your relationship. After all, anytime you need to make a household money decision, the lack of communication could quickly lead to an issue. In Mike's relationship, Dave already spotted one financial red flag: this couple has mismatched goals. Mike wants to pay off debt and interweave their finances. In contrast, his girlfriend wants to keep her assets protected, just in case. This pre-made exit strategy represents a red flag in Ramsey's eyes. Another potential red flag is when your partner hides financial information from you (the extreme end of this is financial infidelity). While you might not talk about money on your first date, you'll want to put your cards on the table as the possibility of marriage enters the relationship and as managing shared finances becomes a part of the equation. If one or both partners can't bring themselves to share their financial situation, it could represent an impasse for the relationship. And it can take multiple conversations and time to work through this new chapter together in a thoughtful and strategic way. Another issue can be being on different timelines. For example, wanting to be mortgage-free by 45 while another individual is okay with delaying this milestone if it means travelling and enjoying life a little more. One option is to enlist the help of a pre-marriage counselor — a suggestion Ramsey made to Mike. Building a joint value framework together that both parties can agree on and make decisions with can help this couple step into their marriage with confidence and not fear. What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
