How I Went From Broke to Millionaire In Under 10 Years

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  • čas přidán 16. 06. 2024
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    How I Went From Broke to Millionaire In Under 10 Years
    Figure out what your next best step is: www.ramseysolutions.com/get-s...
    George Kamel is a personal finance expert and co-host of The Ramsey Show. Following Ramsey’s proven money plan, George went from negative net worth to a millionaire in under 10 years. His goal is to help people spend less, save more, and avoid money traps so they can live a life with more margin, options and freedom.
    This channel will simplify complex money topics, bust money myths with actual facts, and debunk the stupid financial advice you're seeing in your social media feed. All with a healthy dose of pop culture, humor, and snark.

Komentáře • 1,2K

  • @barttfisher
    @barttfisher Před 22 dny +564

    I admire the financial independence, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45

    • @HildaBennet
      @HildaBennet Před 22 dny +2

      Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Před 22 dny +1

      Great job! And yeah, I think we investors overestimate how hard it is to stay in the market when things aren't looking too good. Whenever I'm tempted to either cut losses or capture profits, I remind myself of Fidelity's study of their best performing portfolios; the best performers were either dead or forgot they had an account. So now with directives from my asset manager, I pick assets that can perform similarly in both short and long term. My portfolio has been foolproof so far

    • @FinnBraylon
      @FinnBraylon Před 22 dny +1

      Who’s the person guiding you

    • @PennyBergeron-os4ch
      @PennyBergeron-os4ch Před 22 dny +1

      Her name is “Sonya lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

    • @FinnBraylon
      @FinnBraylon Před 22 dny

      I just checked her out and I have sent her an email. I hope she gets back to me soon.

  • @BrewNoCarbs
    @BrewNoCarbs Před měsícem +622

    I am 27 and i just started my ROTH IRA and deposited the max for 2024! I feel stupid for how long it took to get my life straight. The problem here is, what is the best way to invest the money to grow for retirement?

    • @sometimesPimpin
      @sometimesPimpin Před měsícem +3

      I believe every Investor should start with ETFs for a solid foundation, then diversify across asset classes and maintain disciplined, regular investing to minimize risks and maximize growth.

    • @blind_luck_
      @blind_luck_ Před měsícem +2

      You don't need to find the next NVDA to succeed in investing. Just choose top-notch ETFs and partner with a financial advisor like I did. I turned $100k into $40,000 in annual dividends-a significant milestone for me today.

    • @AntagonisticAsian
      @AntagonisticAsian Před měsícem

      I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

    • @blind_luck_
      @blind_luck_ Před měsícem +3

      "Kristin Amber Landis" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

    • @AntagonisticAsian
      @AntagonisticAsian Před měsícem

      Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

  • @Angelinacortez495
    @Angelinacortez495 Před měsícem +658

    There is potential for considerable wealth increase with the correct strategy. I want to know; How can one take advantage of compound interest and potentially grow your retirement savings/net-worth to about $3M over time?

    • @champhallier8468
      @champhallier8468 Před měsícem +4

      An effective strategy serves as a cornerstone in an investor's portfolio. As the level of risk increases, so does the potential for reward, making it essential to seek advice from experienced professionals for making sound decisions.

    • @Emmahernandez.
      @Emmahernandez. Před měsícem +3

      The importance of advisors is often overlooked until emotions interfere with decision-making. I can vividly recall a few summers ago, amidst a prolonged divorce, when I urgently required support to keep my business afloat. Seeking out licensed advisors, I found someone exceptionally qualified. Despite facing inflation, she significantly contributed to increasing my reserves from $275k to $850k.

    • @JenniferDavis7630
      @JenniferDavis7630 Před měsícem +3

      What steps can I take to engage in this opportunity? I genuinely aim to secure my financial future and am enthusiastic about taking part.

    • @Emmahernandez.
      @Emmahernandez. Před měsícem +2

      Laurelyn Gross Pohlmeier is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

    • @Jamesrogues60
      @Jamesrogues60 Před měsícem +3

      Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

  • @lisanbradshaw
    @lisanbradshaw Před rokem +863

    18 years old with $13,000 saved up and a $4,000 dollar car paid with cash. I work almost 50 hours a week, door-dash on weekends, flip phones on facebook, and go to college part-time online. Listen to the Ramsey Show every day, appreciate the advice George!!

  • @LauritsVad
    @LauritsVad Před měsícem +67

    🌹I'm 55 years and I retired at 51. I was able to do this because I understand four pricinciples of financial planning success think long term with goals and investing, spend less than you earn maintain liquidity (an emergency savings) minimize the use of debt

    • @AlamamaJinoto
      @AlamamaJinoto Před měsícem

      Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment...

    • @HenrikSkog-jz2zc
      @HenrikSkog-jz2zc Před měsícem

      Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth

    • @ArneDevos779
      @ArneDevos779 Před měsícem

      It's remarkable how long term advantage people like us have gotten trying to be consistently not stupid, instead of trying to be very intelligent

    • @Clatha17
      @Clatha17 Před měsícem

      The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on government paycheck. Especially with the current economic crisis around the world , this is still a time to invest in Stocks, Forex and Digital currencies

    • @Jocov187
      @Jocov187 Před měsícem

      I keep seeing how lots of people testify about how they make money from stocks, Forex and crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.

  • @kws5354
    @kws5354 Před rokem +77

    A few months ago I informed my wife that we are now technically millionaires. Her response was I don't feel any different, what do you want for dinner? We drive a used minivan and my pick up was ten years old when I bought it. We don't spend very much because it's not much that we want. We are retired but because of our spending habits are net worth continues to go up. The money provides a sense of comfort that is something we did not have years ago.

    • @Ink30
      @Ink30 Před měsícem

      Congrats

  • @lawerencemiller9720
    @lawerencemiller9720 Před 4 měsíci +904

    I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

    • @alexyoung3126
      @alexyoung3126 Před 4 měsíci +2

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @jessicamoore3093
      @jessicamoore3093 Před 4 měsíci +1

      How can I get in touch with your financial consultant

    • @jessicamoore3093
      @jessicamoore3093 Před 4 měsíci +1

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

    • @RyanDahn
      @RyanDahn Před 3 měsíci +1

      “Passive income” lol.

  • @alexsteven.m6414
    @alexsteven.m6414 Před rokem +949

    Inflation can have a significant impact on individuals and their cost of living. As a result, it can cause negative market sentiment. It is important for individuals and businesses to find ways to navigate and potentially mitigate the effects of inflation on their finances. The current economic climate, including underperformance of financial markets due to fear of inflation, has led to a decrease in the value of my portfolio. I would appreciate any recommendations on how to potentially increase returns during this market downturn.

    • @yolanderiche7476
      @yolanderiche7476 Před rokem +7

      it is recommended to seek the assistance of a financial advisor or broker to diversify your investment portfolio through the inclusion of commodities, inflation-indexed bonds, and stocks of financially stable companies, rather than relying solely on growth stocks with uncertain future earnings.

    • @belobelonce35
      @belobelonce35 Před rokem +4

      @@yolanderiche7476 I have been utilizing a financial advisor for daily investment decisions for the past three years resulting in over $500k in gains. My financial advisor’s analysis has prevented losses and guided me to make the most of market breakthroughs, particularly during downtrends. Their expertise in safe haven asset trading and short-selling strategies has proven to be invaluable.

    • @edelineguillet2121
      @edelineguillet2121 Před rokem +3

      @@belobelonce35 Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently.

    • @belobelonce35
      @belobelonce35 Před rokem +2

      @@edelineguillet2121 my financial advisor is 'JEFFREY HAROLD STARR'. I found him on a CNBC interview where he was featured Afterwards I reached out to him. he has since then provided me with entry and exit points in securities I focus on.

    • @valeriepierre9778
      @valeriepierre9778 Před rokem +1

      @@belobelonce35 Thank you so much for your helpful tip! I was able to verify the person and book a call session with him. he seems very proficient and I'm really grateful for your guidance.

  • @ivankagel9949
    @ivankagel9949 Před 9 měsíci +430

    Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial ma-nagement is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

    • @Robertgriffinne
      @Robertgriffinne Před 9 měsíci +2

      Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life beause I invested early ahead this time .

    • @smithlenn
      @smithlenn Před 9 měsíci +5

      The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual currencies are still attractive investments at the moment...

    • @dawsondanny990
      @dawsondanny990 Před 9 měsíci +2

      I thought about invest-ing in the financial market, I heard that people make millions if you know the tricks of the tra-de, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have 160,000 but it's hard to bite the bullet and do it.

    • @rannyorton
      @rannyorton Před 9 měsíci +2

      The best course of action if you lack ma-rket knowledge is to ask a consultant or invest-ing co-ach for guidance or assistance. Speaking with a con-sultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @dawsondanny990
      @dawsondanny990 Před 9 měsíci +2

      Interesting! can u share more details?

  • @aliciashaw1209
    @aliciashaw1209 Před 11 měsíci +149

    I like how you said we overestimate what we can do in a year and underestimate what we can do in a decade. Golden✨

  • @Raymondjohn2
    @Raymondjohn2 Před 11 měsíci +567

    We read news in the media that doom and gloom is coming and we just accept it, doom and gloom doesn’t always have to be coming, I’ve read numerous success stories of people that are pulling off tremendous gains of up to $250K within weeks in this crazy market and I just want to learn how to achieve such figures.

    • @Oly_laura
      @Oly_laura Před 11 měsíci +2

      Since the crash, I've been in the red. I’m playing the long term game, so I'm not too worried but Jim Cramer mentioned there are still a lot of great opportunities, though stocks has been down a lot. I also heard news of a guy that made $250k from about $110k since the crash and I would really look to know how to go about this.

    • @martingiavarini
      @martingiavarini Před 11 měsíci +2

      There are actually a lot of ways to make high yields in a crisis, but such trades are best done under the supervision of Financial advisor.

    • @hermanramos7092
      @hermanramos7092 Před 11 měsíci +2

      Thats true, I've been getting assisted by a FA for almost a year now, I started out with less than $200K and I'm just $19,000 short of half a million in profit.

    • @Oly_laura
      @Oly_laura Před 11 měsíci +2

      @@hermanramos7092 Impressive can you share more info?

    • @hermanramos7092
      @hermanramos7092 Před 11 měsíci +2

      @@Oly_laura My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @LarsBergstrom-uh2eu
    @LarsBergstrom-uh2eu Před rokem +553

    My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

    • @IrenaDolinsek
      @IrenaDolinsek Před rokem +3

      As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe.

    • @Erinmills98
      @Erinmills98 Před rokem +6

      @@IrenaDolinsek I agree with you. I ventured into stock with less than $100K, and now I'm about 17K short of half a million dollars. Credits to Kathleen Yanelli Carole. She's verifiable

    • @AstaKristjan
      @AstaKristjan Před rokem +1

      @@Erinmills98 Fantastic! can u share more details?

    • @Erinmills98
      @Erinmills98 Před rokem +2

      @@AstaKristjan She is available on the internet for more details.

    • @NIN_Mase
      @NIN_Mase Před 8 měsíci

      Vote red

  • @Clayto174
    @Clayto174 Před rokem +436

    Your editors are incredible absolute animals.

    • @gabolujan3109
      @gabolujan3109 Před rokem +7

      I was thinking the same thing

    • @om617yota8
      @om617yota8 Před rokem +38

      Can't deny their skills and the work put in, but it ain't my style of editing. The jumping to another clip whenever he makes a point is annoying.

    • @patol7525
      @patol7525 Před rokem +3

      BIG fan of the Ramsey Show George, I’m now a new subscriber to your channel. I’ve been following Graham Stephan for a quite a while now and you kind of have his style, you’re both great!

    • @Kevintendo
      @Kevintendo Před rokem +9

      @@om617yota8 it’s maybe a good idea for the first three to four minutes- keep the energy high lol… but ya it’s wayyy to much 😂

    • @kfeige7677
      @kfeige7677 Před rokem

      Z 0:30

  • @AndrewBurchfield
    @AndrewBurchfield Před rokem +101

    The best decision Ramsey Solutions could have made was to give George this channel. George unleashed is the more cowbell needed in this life! 🎉

  • @Erikkurilla01
    @Erikkurilla01 Před 9 měsíci +260

    Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

    • @Lemariecooper
      @Lemariecooper Před 9 měsíci

      May I ask which investments are good? I've been looking at a few different ones but want others' opinions as well

    • @Erikkurilla01
      @Erikkurilla01 Před 9 měsíci

      What I think everyone need is an adviser, who can help you get in and out of any investment at any time and you'd sure be in Profit. With this I feel anyone can basically achieve financial freedom

    • @Erikkurilla01
      @Erikkurilla01 Před 9 měsíci

      *STEPHANIE KOPP MEEKS* , That's whom i work with

    • @Erikkurilla01
      @Erikkurilla01 Před 9 měsíci

      You can glance her name up on the internet and verify her yourself. she has years of financial market experience

    • @Lemariecooper
      @Lemariecooper Před 9 měsíci

      Thanks so much I was able to find her page and I already leave her a message

  • @adamcates603
    @adamcates603 Před rokem +338

    George, I'm loving the new channel. Being a longtime Ramsey fan, I definitely love the content. But I also love your style - your delivery and editing choices are great. Keep up the great work.

  • @mohican-jx6fx
    @mohican-jx6fx Před 4 měsíci +476

    I love what you said about having a long term view so much. Being in the market, even if it's the S&P, demands a lot of patience. I'm not close to being a great investor, but having a long term view has definitely helped me profit significantly, more than 400% in the last five years.

    • @cloudyblaze7916
      @cloudyblaze7916 Před 4 měsíci +8

      Time in the market is more important than timing the market. I can't remember who made that quote.

    • @ericmendels
      @ericmendels Před 4 měsíci +2

      I agree. Patience, coupled with a strong investing skill, could make significant returns. If you don't have the skill, hire someone who does, and wait it out. I've made so much from following this very simple strategy.

    • @stephenpotter21
      @stephenpotter21 Před 4 měsíci +2

      That's a really impressive return. Any tips in particular that could help me? I'm trying to put some of my money in the market and make profit this year.

    • @mohican-jx6fx
      @mohican-jx6fx Před 4 měsíci

      I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance advisors you could check out. I have been working with Sharon Louise Count and she's really, really good. If she meets your discretion, then you could go ahead with her. She has a website.

    • @gregorywhem
      @gregorywhem Před 4 měsíci

      Thank you for this. I'll send her an email to reach her, and I hope I'm able to make something out of it.

  • @amytaylor7927
    @amytaylor7927 Před rokem +51

    Loving the new channel, George!
    My husband and I aren’t baby steps millionaires quite yet, but we are 100% debt free including our home! We expect to be millionaires by our mid to late 30s! We went from a significantly negative net worth to baby step 7 in only 5 years! 🤯

  • @jonaramaa
    @jonaramaa Před rokem +57

    My wife and I are big ramsey fans at 26. We are debt free saving for a home with about 150K saved up (we live in an expensive city) The plan has worked really well for us. Love the new content George!

  • @ImhereandwishIwasnt
    @ImhereandwishIwasnt Před rokem +51

    Thanks for sharing this George.
    As a dave ramsey listener, I dug myself out of $30k in credit card debt and paid it off completely in about 5 years. I own 0 credit cards now and am completely debt free except for a house. I am however saving to pay cash for that thanks to the advice I get from Dave and yourself.
    Thanks for teaching people how to manage their money!

  • @scappel
    @scappel Před 10 měsíci +64

    Did the same at 25 I was fresh out of college in the military (officer) - saved my butt off, started a successful air bnb and other real estate investments (reinvested all profits) all while doing the standard Roth and 401k investments and 10 years later I woke up age 35 a millionaire. It’s crazy what 10 years of hard work can do

    • @rolandofrancis8707
      @rolandofrancis8707 Před 9 měsíci

      Great! How much do you make a month after taxes?

    • @scappel
      @scappel Před 9 měsíci

      @@rolandofrancis8707 I was generally making between 80-120k in the military and another 25k a year with air bnb

    • @gmualum08
      @gmualum08 Před 9 měsíci +1

      The real estate market is so fucked right now it's almost impossible to afford anything in the area (I live in the DC area), I can't even afford a townhouse I'd want to live in that's not a shit hole. Much less have an investment property and use for air bnb. Sounds like everyone else took advantage of the good times and even though I did what I was supposed to do I'm screwed

    • @jonnathonclayton5005
      @jonnathonclayton5005 Před 8 měsíci

      @@gmualum08 as a Virginia resident i can confirm with the willingness to make the sacrifice of daily commuting there are relatively affordable living situations within an hour to hour and a half of DC, i know 2-3 hours a day of commuting sucks, but it's doable, and a mindset thing

  • @azieltobias
    @azieltobias Před 6 měsíci +199

    I wish i learnt most of these principles about seven years ago. A lot of people have been trapped strongly in the matrix-- Go to school, get a job, and then slave your whole life. Many miss out on life-changing information that could have great effect on their finances. I played with the stock market sometime in 2020, and I was surprised at how well it turned out. I want to put in $90k more into the market. I heard people are making really great returns despite the downturn. Any recommendations?

    • @sloanmarriott5
      @sloanmarriott5 Před 6 měsíci +2

      Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.

    • @lilyhershey1
      @lilyhershey1 Před 6 měsíci +1

      It's unfortunate most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $31k passively by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.

    • @louie-rose7
      @louie-rose7 Před 6 měsíci +1

      ​ *@kristenpierce8661* Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.

    • @lilyhershey1
      @lilyhershey1 Před 6 měsíci +1

      I'm being guided by "Camille Alicia Garcia." who is widely recognized for her competence and expertise in the financial market. She has a thorough understanding of portfolio diversification and is regarded as an authority in this field.

    • @louie-rose7
      @louie-rose7 Před 6 měsíci

      After conducting an online search of her name, her website quickly surfaced, piquing my curiosity. The initial impression is positive and I intend to arrange a call with her. I'll make sure to provide you with updates on how it goes. Thank you.

  • @alecwilliams5450
    @alecwilliams5450 Před rokem +21

    Incredible! My wife and I went to FPU when we were 19! We’re 23 now, and our only debt is our mortgage and both have bachelors degrees! It really works!

  • @claresmithy4667
    @claresmithy4667 Před 9 měsíci +81

    When you invest, you're buying a day you don't have to work

    • @ningyen1444
      @ningyen1444 Před 9 měsíci +1

      Assets that can make you rich
      Bitcoin
      Stocks
      Real estate

    • @haydencraig7149
      @haydencraig7149 Před 9 měsíci

      You're right, it's obvious a lot of people remain poor due to ignorance, it's better to take risks and make sacrifices than to remain poor

    • @christianajoe8563
      @christianajoe8563 Před 9 měsíci

      It's not ignorance but due to some unprofessional broker in the market

    • @thomasdooley3702
      @thomasdooley3702 Před 9 měsíci

      I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this

    • @loydriley9221
      @loydriley9221 Před 9 měsíci

      ​@@thomasdooley3702Same here, I wish I knew about this Bitcoin trading earlier, brace up and get yourself some Bitcoin before it's too late

  • @NeilKollipara
    @NeilKollipara Před rokem +41

    "Aggressive is what it takes if you want to get out of debt quickly."

  • @moneymattersforeverybody
    @moneymattersforeverybody Před rokem +40

    George! Your editors are awesome! Congrats on being an everyday millionaire🎉🎉🎉. I was surprised the average journey is 17 years. Our experience was about a decade as well. It changed EVERYTHING!

  • @JacksonMiley-iq7mo
    @JacksonMiley-iq7mo Před 9 měsíci +368

    I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it. Investing is a long-term game. It's just hard to focus on the long term playbook when I'm already in a massive loss.

    • @Andrian-ch3on
      @Andrian-ch3on Před 9 měsíci +5

      "Don't tell me what you value, show me your budget, and I'll tell you what you value" Don't live above means, that's a problem. Don't venture into the capital market lacking the discipline and emotional strength to handle financances in a volotile market. It is the reason alot cry about loss. I've read 345 books on investing and finance, started making money on it since I was 15, and now I've been in the financial market for 32 years. Not bragging but I've made more money during "inflations" than any other period.

    • @JacksonMiley-iq7mo
      @JacksonMiley-iq7mo Před 9 měsíci

      I for one I'm not happy about the inflation in the U.S anymore: Central Banks with the U.S. Federal Reserve should be held accountable. It suprises me when I hear people say they're in profit even when the entire stock market index has lost over 20%. And I'm moved to ask, what is your magic wand? Mind sharing? I'd love to listen

    • @Andrian-ch3on
      @Andrian-ch3on Před 9 měsíci +3

      I might have the experience, but I can tell you that the smartest move to make is finding an financial advisro with the right skills and exposure in your area of interst (stock). That's how I've been able to rake in $675k this year alone.

    • @JacksonMiley-iq7mo
      @JacksonMiley-iq7mo Před 9 měsíci

      I've thought about finding an adviser but've been quite unsure if it was the right step for a noob. with this, I'm more convinced and I think I'm a step closer towards finding an one. my next problem now is, how do I reahc one.... I see some on CNBC but I don't know them that mch... Do you mind if I asked the particular adviser assisting you?

    • @BillAdamson-bp9ff
      @BillAdamson-bp9ff Před 9 měsíci

      Thanks for sharing this useful piece of information,
      I just googled her up. May we all succeed soon!!

  • @shan_john
    @shan_john Před rokem +17

    This is my new favorite channel! It's so refreshing to see someone closer to my age giving this common sense advice rather than the "get rich quick" info I see all over social media.

  • @JoyInTheSun
    @JoyInTheSun Před rokem +9

    Gosh, this kind of story inspires me to keep going! George, you are so brave and unapologetic when it comes to doing things right! THANK YOU for doing this video.

  • @sarahshealthyrecipes
    @sarahshealthyrecipes Před rokem +50

    Love the humor and clips 😂Made it very relatable!! My husband and I are debt-free and are working on paying off our house! I stopped working outside the home so I could raise our kids and save money on childcare and then I thought, I might as well make money doing this so I started my own in-home daycare and it's such a blessing to be able to help financially that way but still be able to raise my kids! Looking forward to doing our debt free scream within the next five to seven years! Keep up the great content❤

  • @saracor30
    @saracor30 Před rokem +7

    Thank you for posting! I’m in baby step 2 and sometimes get impatient but this video made me feel motivated again to keep going 😊

  • @RachelKay3
    @RachelKay3 Před 11 měsíci +9

    Dude this is lit, thanks for exposing your transformation from start to finish. This is inspiring for me as a 28 year old getting a head start on this. Proud of you, brother!

  • @paulakohl8087
    @paulakohl8087 Před 10 měsíci +4

    A thousands dollars won’t pay for a simple ER bill today. I know live in Midwest and just a one of those bills. Nothing to major got stitches and the bills was $1,300.

  • @BadPhD777
    @BadPhD777 Před rokem +12

    When I paid off the house I felt rich because the monthly payment was gone. What to with all that money? Go crazy with my retirement accounts! I'm a year away from retiring and can afford to do it! Woot!

  • @SpenceTheSpartan
    @SpenceTheSpartan Před rokem +9

    Really loving the new channel George! It's the same information/plan that Dave has been teaching for years, just in a younger and fresher delivery. Plus the editing here is just *insert chef's kiss here

  • @michellelightbown4729
    @michellelightbown4729 Před rokem +13

    George, you are INSIDE MY BRAIN with these completely on-point references! Also- love you guys and all the new content!! New channel is great =D

  • @roxannestaton6258
    @roxannestaton6258 Před 10 měsíci +6

    George, you're the best!! Thank you for breaking things down to common sense.

  • @TheKevinChaz
    @TheKevinChaz Před 7 měsíci +1

    I love all the cutaways! You're flow is super entertaining while remaining intentional.

  • @sharongenco3716
    @sharongenco3716 Před 9 měsíci

    Glad I stumbled upon your videos. They are interesting and entertaining. I appreciate them being not boring!

  • @lindah4135
    @lindah4135 Před rokem +5

    Yay George and Whitney! 🎉
    This plan works for any age including the oldies 💪 😁 I love hearing so many young people doing the Ramsey plan like you. Very rewarding 👍👏

  • @kwamedonkor6815
    @kwamedonkor6815 Před rokem +3

    You're amazing George! Absolutely love this. Your new channel is awesome and you are super funny!!

  • @michellearndt3631
    @michellearndt3631 Před 9 měsíci

    Love this! Thanks George for the information. It's so simple but so many of us make it complicated.

  • @Riggsnic_co
    @Riggsnic_co Před 4 měsíci +243

    Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places.

    • @LisaEgan78
      @LisaEgan78 Před 4 měsíci +3

      I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @martingiavarini
      @martingiavarini Před 4 měsíci +2

      I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital assets,i accrued over $80K in dividends last year

    • @bob.weaver72
      @bob.weaver72 Před 4 měsíci +2

      I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

    • @martingiavarini
      @martingiavarini Před 4 měsíci +2

      When ‘Carol Vivian Constable’ is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you.

    • @bob.weaver72
      @bob.weaver72 Před 4 měsíci +1

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @matthewcrowley9204
    @matthewcrowley9204 Před 9 měsíci +3

    Entertaining and informative - well done George. Although I didn't do exactly 100% what you did, I have pretty much all my life "lived beneath my means" and saved/invested the difference. And I've never regretted it, love being out of debt, and having the ability to handle unexpected major bills (appliance breakdowns, car repairs, etc.) as inconveniences rather than disasters.

  • @Pink_Princessx69
    @Pink_Princessx69 Před rokem +9

    Your humor and personality really shine through here, love it. Great video

  • @jonsmith9728
    @jonsmith9728 Před rokem +2

    awesome to see your channel growing, enjoying the new content, keep up the great work

  • @tkelly830
    @tkelly830 Před 9 měsíci +1

    Great channel George, love your message and content.

  • @eter_inquirer
    @eter_inquirer Před rokem +10

    George you're killin it man! The true Dave Ramsey prodigy right here.

  • @jcapo41
    @jcapo41 Před rokem +3

    Just want to say i love you and Dave Ramsey team. Thank you all for guidance, great advice and being real 🙏🏼

  • @LoveOnTheEdge1705
    @LoveOnTheEdge1705 Před rokem +2

    You really come alive watching your videos! Love it!

  • @evanmlink2
    @evanmlink2 Před rokem +1

    can we take a moment to appreciate the editing in this video. Thank you for sharing your story, i needed to hear this today!

  • @sarahuber8567
    @sarahuber8567 Před rokem +4

    George is the best Ramsey personality! Love this show. It’s concise and funny.

  • @georgeh.5126
    @georgeh.5126 Před 4 měsíci +190

    Wow! Loved every second of my watch to the end. I could really use your help George, I’m 52 and disabled since 2007, still own a small business with $380K in savings. Already have a share in a rental property. But I'd still love to grow my investments ahead of my retirement. Can you help?

    • @debwes1
      @debwes1 Před 4 měsíci +3

      Just buy and hold Bitcoin. Alternatively, find reputable stocks with long-term growth potential and stick with them. However, it would be wise to just consult a market strategist.

    • @josephbush
      @josephbush Před 4 měsíci +3

      I agree, having a market strategist for investing is genius! Over the past 7years, I’ve had a financial advsor consistently restructure and diversify my portfolio and I’ve made over $1.4 million in gains… might not be a lot but i'm financially secure and that's fine by me.

    • @aureliobjm
      @aureliobjm Před 4 měsíci +2

      @josephbush Mind if I ask you to recommend this particular coach you using their service?

    • @josephbush
      @josephbush Před 4 měsíci +3

      She goes by 'HEATHER LEE LARIONI'. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @aureliobjm
      @aureliobjm Před 4 měsíci +2

      I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

  • @Irene1208Lano
    @Irene1208Lano Před 2 měsíci

    Thank you for your story and channel. Keep up the good work.

  • @rmalcolm6214
    @rmalcolm6214 Před 3 měsíci

    On and off flurries this way. Welcome back. Actually did a bit of closet decluttering this morning before I saw your video - inspired by you to go back later and do 10 more minutes with my accessories drawer! Thanks!

  • @anthonyb755
    @anthonyb755 Před rokem +4

    Absolutely amazing!! Kudos to you and your wife for living like no one else so later, you can live like no one else 🤘

  • @sanazmae
    @sanazmae Před rokem +5

    LOL george! There will be room for my wife and my dogs LOL - so happy you got a youtube channel and keep the content coming!

  • @frenchyroastify
    @frenchyroastify Před 9 měsíci +1

    Your clips and comedic timing are awesome. They literally make me put my food down and laugh out loud. Thank you!

  • @growthmindhub5008
    @growthmindhub5008 Před 6 měsíci +1

    Love the content! Keep up the good work.

  • @WalkDisneyWorld
    @WalkDisneyWorld Před rokem +4

    George…… you’re CRUSHING it!

  • @amberschneider880
    @amberschneider880 Před rokem +3

    And here I didn't think I could enjoy listening/ watching George more!
    Edits and snarky-ness are hilarious 😂

  • @Peteliao
    @Peteliao Před rokem +5

    22 years old. Salary 185k/ year. I save 85% of my income, which all goes to investments/stocks. I shop at Walmart and Ross. Cook my own food. I own (less than 40 items, yes I counted) I just have a 2022 Honda Civic (poor mans car). Dont plan on having wife or kids either. I like to travel internationally 2-3 times a year. Life is better if you live intentionally and not spend on random stuff.

  • @EnoughTimeTravel
    @EnoughTimeTravel Před 11 měsíci +1

    Another fun, funny and informative video, George! Such great editing & production 🙌🏻

  • @karenbowen9519
    @karenbowen9519 Před 5 měsíci +1

    Such a fun video! Great job!

  • @Mavisb-
    @Mavisb- Před 15 dny +117

    Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

    • @ikolimariam4871
      @ikolimariam4871 Před 15 dny

      Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

    • @Mavisb-
      @Mavisb- Před 15 dny

      @@ikolimariam4871 However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments

    • @ikolimariam4871
      @ikolimariam4871 Před 15 dny

      @@Mavisb- Oh please I’d love that. Thanks!

    • @Mavisb-
      @Mavisb- Před 15 dny

      @@ikolimariam4871 Judith Ann peace is her name

    • @Mavisb-
      @Mavisb- Před 15 dny

      Lookup with her name on the webpage.

  • @Laura-je2uw
    @Laura-je2uw Před rokem +3

    You are so talented in doing youtube videos! Love your style❤

  • @Lopez_Life
    @Lopez_Life Před rokem +2

    Great Evergreen video here Kamel Team!
    🍿🚀 To the moon George….great delivery of value, content and education

  • @krhardesty
    @krhardesty Před rokem +1

    Love the new channel!!

  • @Matt_in_TEXAS
    @Matt_in_TEXAS Před rokem +8

    Great Job George Kamel with a K! This is a wonderful explanation of Financial Peace U with your story and funny bits mixed in. You are doing an awesome job of bringing this message to the interwebs- Keep it up, you are not going to be DINKWADs for much longer- congrats!

  • @monicadhenderson8670
    @monicadhenderson8670 Před rokem +3

    Great job George👏🏼👏🏼👏🏼

  • @beccalove1964
    @beccalove1964 Před rokem +2

    Awesome George!!! You are so relatable and funny! Love to see it 😊

  • @EmilGhiurau
    @EmilGhiurau Před rokem +1

    George love these videos. Will you get more of the JRE style podcast for financial peace university?

  • @debbiefried3533
    @debbiefried3533 Před rokem +4

    You're my favorite Ramsey personality!

  • @AspiringInterpreter
    @AspiringInterpreter Před rokem +4

    Props to the editing team on this. Good stuff

  • @tanyavibes222
    @tanyavibes222 Před rokem

    What a great video! Informative and FUNNY! Love it! Thank you!

  • @timnichols7760
    @timnichols7760 Před 11 měsíci

    Great video from a great dude!! Thank you!!

  • @user-es7tz5si7u
    @user-es7tz5si7u Před rokem +33

    My wife says I should do this and stop being broke.

    • @AlphaShadowSphere
      @AlphaShadowSphere Před rokem +2

      Where does she get these crazy ideas 😉

    • @linuxsurfer2002
      @linuxsurfer2002 Před rokem +4

      Hopefully she means *we* should do this - it takes a team effort when you are married. Good luck!

    • @_MoneyMike_
      @_MoneyMike_ Před 9 měsíci

      @@AlphaShadowSphere😂😂😂

    • @kabz8844
      @kabz8844 Před 2 měsíci

      😂😂😂😂😂😂😂😂😂 where is we 😂

  • @whysoblutube
    @whysoblutube Před rokem +6

    I thought this clip was going to be super awkward but the editing and punchlines were hilarious.😂😂😂 The brownie points, don’t estimate me, and doooooooo it were my favorite!

  • @asahardy-brownlie2229
    @asahardy-brownlie2229 Před 6 měsíci

    This is awesome - great simple video!

  • @MrNobody2758
    @MrNobody2758 Před rokem +1

    Awesome video!!! Keep up the awesome content!

  • @brianadams6204
    @brianadams6204 Před rokem +3

    YOUR VIDEOS ARE FIRE......................

  • @actsofduane2406
    @actsofduane2406 Před rokem +10

    I miss you George. Ever since my wife and I did our debt free scream on the Ramsey Show with you and Doctor D life has been good. Going on the show with you and him in September 2021 life has been great, but miss seeing you.

    • @katyedwards3935
      @katyedwards3935 Před rokem +1

      They have events throughout the year, so maybe you can see him again sometime.

  • @thecougarexperience
    @thecougarexperience Před rokem +1

    Subscribed!! Loving your new channel!

  • @vaniahsamuel7308
    @vaniahsamuel7308 Před rokem +1

    This is amazing! Thank you 🙌

  • @lukescapee1234
    @lukescapee1234 Před rokem +3

    The fact that you play music, are into cameras, AND had the scene hair, I like you more and more each video

  • @motofreak2772
    @motofreak2772 Před 3 měsíci +69

    Pretty disappointing video. I expected more transparency and specific details. At least tell us your income throughout the 10 years that made this possible and the appreciation of the home.

    • @user-cz1nh1hv9v
      @user-cz1nh1hv9v Před 2 měsíci +3

      Yep
      He didn't mentioned he has no kids and etc

    • @mattodude237
      @mattodude237 Před 2 měsíci

      It was more about the mindset, i believe

    • @ericcaleguer
      @ericcaleguer Před 2 měsíci

      @@user-cz1nh1hv9vhe did tho

    • @chadbailey7038
      @chadbailey7038 Před měsícem +7

      He has on other videos. Not important though. Specifics don’t make sense when you have different numbers. Pay off YOUR amount of debt on your salary. And get the cheapest house you can afford. 👍🏾

    • @waqaskhandev
      @waqaskhandev Před měsícem

      They all hold this one flag. Pay off debt save emergency funds, start investing and wait for decades for ur 10% returns. They never talk about small businesses that everybody can do with small amount of money. I am not looking for shortcuts but at least it will not take decades.

  • @amyray2119
    @amyray2119 Před 8 měsíci +1

    Awesome video! Wish I knew this stuff 20 years ago! Wonderful things to watch with my kids and teach them. Thank you! 🙏

  • @CoachCommerce
    @CoachCommerce Před rokem +2

    Great vid! Awesome work George!

  • @random-kl7es
    @random-kl7es Před rokem +27

    George is killing it with these videos

  • @savanahfondse6372
    @savanahfondse6372 Před rokem +3

    Omg the office references are great lol. Your channel is awesome

  • @joannekoehler1788
    @joannekoehler1788 Před rokem +2

    I love your stuff!

  • @carolannstevens5814
    @carolannstevens5814 Před rokem +1

    Loving your show!!!! Hilarious with knowledge!

  • @ashf3914
    @ashf3914 Před rokem +5

    Cannot stress the importance of an emergency fund enough no matter where you are in your financial journey. We are in Baby Step 7. One of our large trees had a rough go this winter and is no longer structurally sound. Our emergency fund is allowing us to handle that situation without digging into our various goal funds. It really has just made it an inconvenience rather than a true emergency.

  • @cash5627
    @cash5627 Před rokem +8

    He employs Dave Ramsey's good common sense, with this generations humor and memes. It's what this generation desperately needs.

  • @midnightbudgets
    @midnightbudgets Před rokem +1

    Thanks for sharing this video, motivational and inspiring!

  • @misspayne5398
    @misspayne5398 Před 8 měsíci +1

    This video is absolutely amazing

  • @45jessiemad
    @45jessiemad Před rokem +4

    Great video George and team! We're on baby step 2. Thought we'd be consumer debt free by 2028 but now we're looking at 2024! We started in October 2022. 🎉🎉

  • @jw_capellanjw_capellan2624

    Felicitaciones por tu contenido. Me encantaría que mi gente latina , pueda adquirir estos conocimientos en español …
    Gracias George!

  • @jjkatz
    @jjkatz Před rokem +1

    So funny! Love this video. It t also gives me hope that he did this in 10 years since I’m older. Gives me motivation instead of thinking it’s too late.

  • @benthesinger1276
    @benthesinger1276 Před rokem +1

    Love the videos. Thx George!!!