5 Proven Ways to Achieve Financial Security

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  • čas přidán 13. 06. 2024
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Komentáře • 35

  • @debbieweibley3899
    @debbieweibley3899 Před 11 dny +24

    My son was just talking to me about this last night. Everydollar helped me get out of debt. I'm completely debt free now and trying to spread the word.

    • @jbmboy
      @jbmboy Před 11 dny +2

      After one night? Impressive!

    • @debbieweibley3899
      @debbieweibley3899 Před 11 dny +4

      @jbmboy he's been against Dave for years. I believe that he's opening his eyes to the fact that the system works. It took me 18 months to pay off my car. I've been debt free for 18 months since the pay off.

    • @everettmanchester8658
      @everettmanchester8658 Před 10 dny

      As for keeping a credit card because of problems they can get back into. SHES ABSOLUTELY RIGHT, if you meet these criteria’s…. If you are in debt of an any kind,….and living paycheck to paycheck. if you ever missed a payment on time….If that credit card payment ever caused you to miss a payment on another bill…, if you ever took out a cash on that credit card… Then you should never have one in your possession and this is a good rule to live by. Wife 1 had that problem🤯 it’s all about living within your needs, Having a budget, and not trying to keep up with the joneses. I found Ramsey and his family after my devorce. And Being self employed…. With no guarantee of a pay check…. One thing that I even us today is Dave’s “IS IT A WANT OR A NEED” that just saved me $1,800.00 on a set of new golf clubs. Took me 2 weeks to realize it, but I really didn’t need them. Years ago, I would of just got them.. I truly believe , this type knowledge should be offered as a Mandatory High School course throughout the U.S. plant the seed early, and the tree will grow strong…

  • @evalina98000
    @evalina98000 Před 10 dny +9

    1:52 1. Live on < u make
    2:20 1a. Monthly budget
    3:07 2. Ditching credit 💳
    4:15 3. Pay off debt
    6:12 4. Build up emergency fund
    4a. Minimum $1k
    →3-6 months expenses
    7:04 5. Invest 15% income 4 retirement

  • @legendarytrails
    @legendarytrails Před 11 dny +7

    It's amazing how many people don't know where their money is going because they don't know how to budget. Having an app is super helpful for most people. Good Video!

  • @sixpence9880
    @sixpence9880 Před 11 dny +9

    Love your stuff Rachel

  • @russellpeffer7736
    @russellpeffer7736 Před 11 dny +2

    Earl Nightingale said that security come from inside you. If not there, then nowhere. Yeah, I know. I get her point. Thanks for all you do Rachel!

  • @ashayhemy3617
    @ashayhemy3617 Před 11 dny +5

    Waow....Just thinking about this

  • @sherrywright2614
    @sherrywright2614 Před 2 dny

    Rachel this might sound crazy, I am now debt free but having a hard time with my relationship with money because I don't have any debt to pay. I have spent 40years paying off debt and now that I have money it seems hard. Have others mentioned this??? And yes, I do have my emergency fund and savings.

  • @Aarrenrhonda3
    @Aarrenrhonda3 Před 10 dny +6

    I recently made further purchases. Saving for a market slump is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In just 5 months, my portfolio's raw earnings increased by $608k.

    • @Peterl4290
      @Peterl4290 Před 10 dny +1

      Despite my conviction in your direction, my recent stock purchases, and the fact that I am an AMC shareholder, I have not been able to amass anything. I had been in debt for far too long before the collapse. What are the steps required in investing?

    • @larrypaul-cw9nk
      @larrypaul-cw9nk Před 10 dny

      The best market strategy at the moment is working with a respected investing coach. I've been in touch with a coach for a time now, mostly because I lack the depth of understanding and mental toughness to deal with these ongoing market conditions. During this recession, I made about $700k, proving that the market is more complicated than most people think.

    • @sabastinenoah
      @sabastinenoah Před 10 dny +1

      I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

    • @Mrshuster
      @Mrshuster Před 10 dny

      Please will you be kind enough to share the details of the man that helped you?

    • @sabastinenoah
      @sabastinenoah Před 10 dny

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

  • @denisebolin-clark8826
    @denisebolin-clark8826 Před 11 dny +6

    Great video. The music is distracting.

    • @pnwflipper2089
      @pnwflipper2089 Před 10 dny +2

      Yes Rachel’s team: please stop the music-it’s hard to listen to Rachel

  • @tressalewis7004
    @tressalewis7004 Před 11 dny +1

    I am at step seven and the baby steps, but I am at the biggest challenge yet believe it or not. I really want to have a sizeable amount of cash in the bank…❤

  • @physicaltech12
    @physicaltech12 Před 14 hodinami

    Whay about when young people said how do you build credit if you do not have a credit card to build your credit?

  • @EricMoore790
    @EricMoore790 Před 11 dny +2

    Save small amounts all the time.

  • @CorbinTate-gt8hm
    @CorbinTate-gt8hm Před 2 dny

    good to have a great coach who know how to generate good benefit in stock investment

    • @sheldonmcpherson2712
      @sheldonmcpherson2712 Před 2 dny +1

      Please can you enlighten me on how you did it

    • @CorbinTate-gt8hm
      @CorbinTate-gt8hm Před 15 hodinami

      @@sheldonmcpherson2712 Yes! I'm celebrating £12K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.

  • @SimplifyingWithDon
    @SimplifyingWithDon Před 11 dny +1

    Great,great video.

  • @micaelameister
    @micaelameister Před 11 dny

    Does anyone know a good budgeting app for Canada? Every dollar isn't available here 😢

  • @dondenis1500
    @dondenis1500 Před 11 dny +2

    I like her advise and how sh comes across. Her dad on the other hand can be pretty annoying at times.

  • @calzor
    @calzor Před 11 dny

    I want to be my emergency fund

  • @user-dq4ri6fi7b
    @user-dq4ri6fi7b Před 11 dny +3

    no, what everyone wants is for you to cut the music during the times youre talking.
    It's probably why you only have a couple of thousand views while having 400K subs... no one likes the music
    George has half the subs and 10x the views, what's he not doing, music over his voice.

    • @pnwflipper2089
      @pnwflipper2089 Před 10 dny +1

      Yes! I’m like a quarter in and I can’t finish this video. Please cut the music!!!

    • @doubles1545
      @doubles1545 Před 2 dny +1

      George is constantly cutting random video clips into his videos which I find more annoying than background music.
      Here’s an idea- watch the channels that do things the way you enjoy and ignore the channels that annoy you.