would have been nice if you would have given people some real advice about not being broke. not just common sense. I know everyone doesn't have it but come on now. this video was not very informational. just you rambling on about people overspending
I agree however... Good luck finding a woman who will understand that frugal living is very different from being cheap. At least where I live, you have to walk a fine line between planning for the future and having a date in the present.
Tammera, no need to cry. It's almost never too late to turn your financial situation around. Realistically, it will become harder the longer you wait so try to start today!
When I first read your book I was living paycheck to pay check. 5 years later I have a years worth of income in the bank, and the only debt is my house note. House is on track to be paid off in the next 4 years. Thank you.
I cry when I spend money...I have money just dont like to spend it..its a nice feeling to not have to check my bank account before buying something..but I always feel sad when I have to spend it. I always check and double check for the best value and cheapest price and make sure I really need something before I buy. I treat myself a few times a year but thats all.
My daughter is 17 years old, and she is applying for scholarship. We talked about be aware of not getting into debt for college it is not worth it, you will have to pay all that. There is no use to go college if you are paying all that debt. Be wise
Amanda Alfaro He actually does have a course for high schoolers. His daughter and friend are the main speakers in it. I took it my senior year. It’s very helpful.
I used to work with a guy who was a Dave Ramsey fan. Although we got along well, he would never go out to eat for lunch, go to the movies or happy hour with me. The only entertainment allowed was to go for a walk. Now I understand.
I knew a lady like that. They took the kids out of private school, moved into tiny cheap rental, sold their expensive cars and bought cheap ones. Spent five years being cheap skates. Now they have a beautiful house, nice but older cars, etc No debt. She teaches how to use coupons effectively, and she uses a lot of it to give to church and others.
@@bettfly I swear people post stuff like this but it never happened. If it did, they'd love to help others and share their knowledge. Being in a great place financially and in life feels good, helping others feels 10x as good.
My father is frugal and I am the opposite. I always thought my dad never enjoys his life by skipping the luxury when he can afford it but only because of him I am having a good life. After listening to Dave Ramsey, I have realized my dad's perfect and I am going to follow his footsteps
My dad too! He was always saving saving saving, living frugal... always told me to save and think for the future, of course I thought he was nuts! Now I realize he was 1000000% right. He’s retired, collects pension, 2 rents from his tenants and his mortgage is paid and is living THE life.
After a year of watching Dave Ramsey videos, I reached my breaking point and I moved back home and paid off four credit cards in two weeks by following the baby steps. I’m determined to one day to the debt free scream.
I have run the gamut from not knowing where my next meal is coming from to having so much money I didn't know what to with it. I never once felt "broke" because i shifted my priorities every time. Now at 42, I am "retired." When I had abundance, I made sure to save and invest. I didn't live a lavish life however, I did splurged when the math made sense. When it was famine, I made sure my basic needs were met. The single biggest thing I did was to eliminate debt and not get back into it.
You've been a mentor, pretty much a father figure to me. 32 I found you. I had a PhD in dumb. I was the example of how to be broke! I've been working since I was 16. I'm 34 and my life has been completely changed! I learned how to be a responsible adult, as well as a better man! Thank you for your message and your passion!
I just want to say thank you for educating me growing up. My father forced us to listen to you in the car. I hated it growing up but now that i am an adult, I am smart with my money. And I love listening in now that i am an adult. Thank you
I think my family thinks we're broke actually lol I find it funny. We have a savings and pay things in full so it's ok. But let's be balanced and be generous even in our wisdom of saving and investing. ☺ Its easy to get stingy if you don't. 🙄
Thank you for your message, Dave. Because of you, I'm 19 months away from being debt free! I've been following your plan for a couple of years and I can see the light! People don't understand me, but I'm focused. It's about my life......thank you.
In reality, it's nothing truly MIND BLOWING. All he is stating is common-sense. Simple math is common sense. You really do not need college level maths to figure out a budget. The problem is consumerism and the ignorant fools who want to live beyond their means.
I put approx $35,000 away last year for retirement last year and drive a Honda Civic with 220k miles. I plan to retire at 55 and keep conservative lifestyle.
I’m saving $80,000 a year at the moment, I make $110,000 after tax. Currently 19 and running my own business. I hope I can keep it up into my 40’s. Then retire😏
I read his book , applied his lessons and now I can afford to work part time to balance my work life and family life. Paid off all my debt except for bal on my car! It feels great!!!!
Anyone remember when credit was taboo? Having pride in your life was saving for things and paying cash for them. Today, instant gratification is promoted SO much!
My spouse is a high income earner. One income household. We are 33. And we have about 150,000 in assets. We own a home with mortgage payments. Other than that, we have no debt. We drive old cars. We have no payments on anything than our regular bills and even our bills are very minimal. I don't subscribe to a bunch of things. By the end of this year we will have more than 200k in assets. While friends are taking nice vacations, driving new cars, eat out and go out for entertainment; we as a family choose to stay home in evenings, chill, eat at home and enjoy simplicity. It's easy for a stay home mom to go out and want to spend but I sit my butt at home unless I'm going out to volunteer or meet with a friend for coffee. I can't wait to pay off our home and be super wealthy before we're 40! Edited to add: in our 20s we made stupid decisions. We learned from that and became very frugal and pray about every big purchase.
no donkey joe. i do quite well and am a red blooded conservative. there's no need to reply on a forum how well i am doing or not. its pointless bragging to an imaginary crowd.
We have also made stupid things in our 20s, but became mature during the years when raising our own family. We also live frugal, and try to pay off all our debts to end of 2018. The mortgage should be paid for less than 3 months, I hope. We also drive old cars, pay all bills on time, not going out and don't travel during the weekends. Those are temporary sacrifices whose worth in long term. We pays everything by cash or debit card. The only thing which we don't save is healthy food, we prefer quality food, than junk food. Next step is building a legacy and wealth.
I’m watching this from the U.K. - some of the terms are different, but the principles are universal - your income is your income, live within your means - treats needs to be paid for IN CASH and whatever you earn, put something aside for a rainy day. Dave talks about “big hat, no cattle” My English granny used to say “fur coat, no knickers”.
Completely agree, putting money away is a great idea and is useful in the long run. We have a CZcams channel for start-up entrepreneurs and small businesses. Feel free to check it out if you get a spare sec. Have a great day, Scott
Amen. My 2 roommate eats out 1-2 times a day and are constantly concerned about bills. I'm about to buy a little house and land next month with cash, because I refuse to pay interest for anything!
@vulpix I take your point- living in an area of extreme housing prices is difficult. We chose to buy a house that was within our range, but had to sacrifice living near family. Otherwise, we'd be saddled with a mortgage for the rest of our lives rather than buying a house in cash outright, in a nice neighborhood.
Saving money for purchases is great. Just make sure you get your money's worth. Cheap houses can also mean so negative effects, such as being located in a dangerous area and has many damages where the costs is greater than the value.
I was thinking of paying off my car and buying a new one right after because I really fell in love with a new car I've seen. Watching this helped me decide to keep my current car. I mean, I KNEW that's the right thing to do, but in this materialistic world it's easy to fall into the consumerist trap.
My car is 16 years old, I baby it and just need minor repairs here and there. My car looks good yet, runs good. No car payments. I'm starting to think of ways to save for a new one. I do NOT want a car payment ever again. I will get a new one soon, but we'll make sure I have funds to do so.
My mom used to call it "grab yourself" night. It sounds dirty when I type it out, but it's just something we said for years. I usually grabbed cereal. Can't go wrong!
Good point. I love it. Fend for yourself night!! I caved in and went out to dinner with my son the other night. I was tired. The restaurant was closing so we took it home. But, if I saved that money and gave it to him that could have been a great teaching moment and HE could have been $70,00 richer!
22 years old I suffered a ruptured appendix that was misdiagnosed for a month and I ended up spending a week in the hospital and ended up covered in debt. 10 months later I have one medical bill left and I should be debt free in 2 months. Couldn't be happier to have my health and my financial freedom.
I can relate to Ramsey, I got my real estate license and started selling houses at 18yrs. Bought my first investment duplex at 19, at 21 I have several rental properties and a big 4bed house in a gated community. I had brand new luxury cars, boats and spent money like it grew on trees. I was operating on a very fragile and dangerous system. 9/11 attacks impacted the market and my income, tenants and rents prices dropped. I had a fourplex that had a fire and was heavily damage. Requiring all 4 tenants to vacate. The insurance company didn't cover 'loss of rents'. Eventually I couldnt pay the mortgage on an empty building that had no equity in it. I DIDN'T have an emergency fund, I used expensive financing and subsequently went broke, considered bankruptcy and mentally suffered a big hit. When many would've quit, I started all over again. I love the business, learned from my mistakes and many years of hard work to get back on top. I now have my highest net worth at 36 and increasing. Don't borrow money unless you absolutely have too, pay it sooner than later, save and don't spend beyond your income ratios and you'll be fine. I wish much success to everyone reading!
buddypng31 His company does have a high school curriculum in quite a few high schools around the country. The problem is that most high schoolers can’t apply any of the knowledge they are learning so it goes in one ear and out the other.
I was $56k in debt in the beginning of 2018, as of 10/27/2018 I became debt free and now at 11/6/2018 I already have 4k in my savings and growing. Thanks Dave for sharing your wisdom on youtube.
Not only is Dave like a teacher and a second father to me and I'm sure to a lot of you too, the people listening to him on CZcams provide the best advice, motivational quotes and lessons from their own experience in the comment section. I love our Ramsey Club ❤ we rise by lifting others, my loves..
I'm 14, helping my families buisness, one of my older friends recommend you. start early on how to deal with finances and won't be in debt. it's a good idea
andrew stec that's very good. Starting early is the best we all can do. After taking the financial peace universe class I've encouraged my teenage brothers to do the same.
I'm in the same position but I branched off my dads business and we ended up closing down my dads business and put money and resources in mine because it was making 3x's more money than his. My only advice for is to be innovative and help out your family business as much as you can.
My worst mistake was buying a Mercedes... now I struggle to pay for it. But I have learned and I will not make stupid mistakes ever again. The Dave show has helped me a lot Tbh.
You would have more of what you wanted if you utilized all the resources available to you, including welfare if you qualify for it. Use it to save your hard earned money and then get off of the system. If you’ve paid taxes in your life, you deserve a piece of the pie when times get hard. Don’t let pride get in your way.
Good for you! I know folks say to take advantage of the system, but your self-respect is worth loads more than any food stamps will ever be. The system is there for those who NEED it, not those who can do it themselves and are proud to do so, regardless of income level. You’re amazing!
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.
@JudeSouthgate 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
Love this guys attitude ... so honest and down to earth. I have a degree in Social Science and have heard so many excuses that people make about being in debt. Dave hits these issues head on. Well done. .🌞
I am 81 years old. When I was 12 I had a paper route that paid me $7 a week. That was a lot for a 12 year old kid. I have not looked back since. I never went to collage and my retirement income is double my expenses. I own my own home and I am debt free. It was not that easy but it was not that hard either.
I am glad from the first day of my husband and I relationship, we decide to openly and honestly doing this math on regular basis no matter we are high or we are low in income. Marriage needs teamwork, especially in terms of financial.
I started the Dave Ramsey plan two years ago. I couldn't save most of my income because I wasn't budgeting and I paid debt for 2,000 dollars. I was still eating out and spending money everyday. Its a learning process but I can now say I love budgeting as much as I like saving and giving. This month I have decided instead of saving 30% of my income I will be saving 60% of my income. I will also budget every month. Pay the same amount at the beginning of the month for necessities. I make 13,000 dollars a year and have 7,500 dollars saved up.
kthename08 Discipline and persistence. Trust me once you save that first emergency fund it will become easier. I also have a notebook that keeps me organized. I'm not debt free yet as I have student loans. This past week I called credit card company to dispute my accounts.
That's the tough part , saving up that $1,000. I've tried several times and when I'm almost there, life throws a health scare for either me or a family member and I have to use that money . I'm glad I had a few extra hundred dollars to take care of things, but I hope the universe takes a break and let me save up the damn $1,000 without major drama interruptions.
Pamela C. I understand that, I've been on baby step one forever also but I'm going to keep pushing until I get it, about to start saving half my paycheck every two weeks because my expenses are still low since I haven't moved out yet ( I hope to do so later this year) and I received a raise last month. In the meantime I'm enrolled in school and looking for better job opportunities lol.
I turned 19yo not too long ago and got my first job at a McDonald's. I make around a minimum $340 every paycheck, though atm I'm looking for a second job. I'd honestly rather work at a retail job, it's really hard getting a raise at fast food jobs. I have a little over $3,000 in my savings so far :)
That is so awesome, Ghoulifyed! Many people making 10X what you make don't have that amount saved. You are proof of the old saying: It's not what you make; it's what you keep. Very well done! Keep it up and you'll be the next Dave Ramsey!
My life changed when I changed my mindset about money. I stopped LEASING my lifestyle. Now I can really live. When I forgot it was payday --that's when I knew I was doing better!
"$30,000 a year you already can't breathe." Thank You! I had to leave a corporation that I liked working for, because my annual salary just didn't cut it with a Bachelor's degree in their field of work
Most of this generations are credit cards, vacations, buying video games, fast foods, high gym membership, half don’t bother going, and expensive cars. I grew up in India, was constantly reminded, “ Never buy anything on loan” Except for a house and medicals. Go to church, do social work and cook most of your meals.
I would literally save all of my money on all of these expenses but since i only have cars as a hobby, I can save out on the rest and use that money to buy the car
Carlo Council If so it’s probably under $100/ month. My brother works as a caseworker and he said that food stamp amounts have went down drastically in the last 5 years. One person he approved was only eligible for $14/ month basically making it not worth the effort. The days of living off the government is almost over.
Unless you already have a college degree and a job skill, I'd say to use your time now to go to college. My DD had one child at 21 and she got "need based" money.
Ever since my first job when I was 17 years old, I've never been broke. I say I am sometimes to my friends but really it's just in my savings and I've never been in a situation where I didn't have any money
I totally needed to hear this! I was feeling a bit overwhelmed after seeing the debt my husband and I have to tackle, but hearing Dave give everyone an auditory kick in the pants is just what I needed to refocus. On my way to baby step 2!
I honestly wish I could’ve had a mentor like Dave Ramsey when I was 18 years old, I’m 23 now with my grandmother and mother both struggling financially and never had a father so I look up to Dave Ramsey and other successful entrepreneurs for motivation and self confidence that I can make it in this world one step at a time. I’m glad god showed me a grandfather I never had to mentor me and show me a path to financial freedom and hopefully showing my own understanding to my parents who were never fortunate enough to have any educational understanding of financial education so I can show them what it takes to achieve it thank you Dave Ramsey.
And even if they are a boyfriend. I know someone who keeps getting boyfriends they let move into their house. I told her ✋ stop saying yes to being in relationships with broke loser men !!! They wouldn't listen and have not learned yet so I finally cut her out my life.
I only make about 19,000 a year, but I have 7000 in the savings, and zero debt! I paid off my car right when I bought it. Im investing about 100$ a month,and my college classes are being paid for by the military :P
There are a lot of good jobs out there with tuition assistance and other good benefits packages that actively seek veterans. You can make WAY more than $19K/yr. Apply for a big-city municipal position. Apply at railroads. Double, triple, or quadruple your job income and get a good benefits pkg.
I watched this video a hundred times and it change my life and my way of thinking! I just finish BS2 and i am happier than ever. Thanks Dave Ramsey for giving me the motivation 🙏🙌
I think its ok to eat out once in every four months, and eat what you are able to, not overspend on the meals. Otherwise restaurants would not have existed
If he makes 2500 a month and saves a little over half of it. Which means he lives below his means. Maybe his apartment cost like 500 a month and bills are pretty cheap and he doesn’t do anything else extra which is the only way to save that much. He doesn’t have to live with his parents.
I AM so serious about getting out of debt nothing else to me matters. I'm chipping away and look forward to when I can say I AM DEBT FREE on a mountain top literally!!!!
@@bigshoe84 the USA will never get out of debt. The root of the problem is the so called 'Federal Reserve System' which is NOT part of the Federal Govt, it has no reserves and it is not a 'system'. It is a fraud. To put it even more starkly: The Federal Reserve Bank is controlled by a group of PRIVATE BANKERS, and NOT the Federal Govt. The people who control our currency and our money supply are PRIVATE BANKERS. Think about that. Read the book 'The Creature from Jekyll Iskand' for more on the utter fraud that is 'The Fed'.
bigshoe84 : sure but doesn’t help when his plan doesn’t even reduce anything and creates the biggest wasteful military budget ever! Oh and 188 Dems just agreed to it. Unbelievable.
The sad irony is that im doing pizza delivery to help get more cash to pay for groceries and eliminate my own remaining debt, and yet most of the people ordering pizza are the type that Dave just ranted against. Hopefully that won't be the case with our culture some day.
swensation55 I started working as a process server to bring in more cash, much like delivering pizza but instead of delicious Italian American food they get a court summons for the debt they haven't paid. I see these people every day, too, it's literally my job to give them court documents for their debt. and they ALWAYS HAVE nicer cars than mine, usually a couple.
The best thing I ever did was work in finance as my first job out of college. The amount of people I met (I managed their accounts/debt) who looked really wealthy but had shed-loads of debt was very eye opening. I'd guess about 20% (max) of the people walking around who seem rich are actually rich. The rest are faking it all the way to bankruptcy. Never compare yourself to 'the average person' you see. It's mostly a huge lie! Recessions are very revealing as they tend to lift the lid off and reveal exactly who the fakers are. In comparison, I live in 9 year old tattered jeans, old boots, second hand or charity shop clothing and old gold jewellry that I've never bothered to update (I have one set that I've worn every day for the last 20 years). I don't have a spray tan, fake boobs, sports car or mansion. I'm also not on a huge salary. People actually offer me free clothing because they assume I'm poor! But I know for a fact that I'm now wealthier than 90% of other 30 year olds I meet. It's not that I'm massively wealthy, but that the rest of the country is massively in debt!
Me and my husband were soooo close on buying a new car From dealership cause the payments seemed fair,,, but then after thinking about it my heart didn’t feel settled. God was telling me no that’s not what we need.... I’m so glad we didn’t go for it.... now we’re saving for one to pay cash on. Thanks to this man and God I finally understand why.
Yussef Saber That isn’t true, and just what credit card companies want you to believe so you get one. There are other ways to build credit without a credit card ya know that don’t involve owning one. I don’t plan to own one if I can help it and I’m currently still building my credit score.
What if you have a credit card but don't perceive it as credit, rather you never spend what you don't have. In my mind, the number on my credit card is in no way disassociated with the number on my debit card. I still live frugal, save a bunch, rack up points and build credit score. Using fire for its benefits rather than playing with fire.
"I'm a cuss word in some of y'alls houses....that's fine, everybody's gotta have a gift, I've got it - I'm fine with it!" ~ Dave Ramsey 😂😂😂😂 I want this on a shirt!
da'Jon Gee you just got to be focused while working I used to have this one person who tried to trick me into buying restaurant food every day and spend money then call me cheap because I was so focused on my goal but business before pleasure any day
I agree 100% with what Dave says and I wish more people I know would listen to this man. I have always been scared of debt, I use credit cards but make sure that I pay off my balances so I don’t pay any interest. I was indirectly told I was weird and swerved in the wrong direction, but now I know I was leaning towards doing the right thing! I only need to get better with budgeting to get full control and start saving! I’m also fortunate that I recently discovered and I love the idea of minimalism, it will certainly help to stay on track :)
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The Dave Ramsey Show can u link some of the debt free screams u was on about I wanna watch them
would have been nice if you would have given people some real advice about not being broke. not just common sense. I know everyone doesn't have it but come on now. this video was not very informational. just you rambling on about people overspending
Rat
Beenthere Donethat amen that's the truth and I've been doing th at for years and it never fails
i need some finance advice. when can i call in and what is the #.
Easiest way to stop being broke. Stop caring what your friends and family think about your possessions and lifestyle.
THIS!!!!
I agree however...
Good luck finding a woman who will understand that frugal living is very different from being cheap.
At least where I live, you have to walk a fine line between planning for the future and having a date in the present.
Sadly I did not do this now money that should have lasted me 3 years is gone in 8 months....I cry everyday
Tammera, no need to cry.
It's almost never too late to turn your financial situation around.
Realistically, it will become harder the longer you wait so try to start today!
Romantic Donkey the best advise. We, the poor live to pretend. The rich, to invest.
When I first read your book I was living paycheck to pay check. 5 years later I have a years worth of income in the bank, and the only debt is my house note. House is on track to be paid off in the next 4 years. Thank you.
Which one?
Yeah which book?
what city are you in?
Which book?
Kira probably total money makeover
Here’s how to NEVER go broke. Train yourself to HATE SPENDING MONEY, and start LOVING TO MAKE MONEY. You never be in the negative 💯
That's my lifestyle :)
Also, learn a side job other than working 1 job, gain some assets heck, learn to barter, could be useful at the end... u never knoww
That’s wear I’m at now. I can’t even shop for clothes from the mall anymore. Disgusted with spending.
I cry when I spend money...I have money just dont like to spend it..its a nice feeling to not have to check my bank account before buying something..but I always feel sad when I have to spend it. I always check and double check for the best value and cheapest price and make sure I really need something before I buy. I treat myself a few times a year but thats all.
Or learning how to let money work for you
He needs to teach classes to every high schooler. If I knew this stuff before I went to college I wouldn’t have loans.
My daughter is 17 years old, and she is applying for scholarship. We talked about be aware of not getting into debt for college it is not worth it, you will have to pay all that. There is no use to go college if you are paying all that debt. Be wise
It’s a good reminder for parents to teach there children about money
Same here !
Amanda Alfaro He actually does have a course for high schoolers. His daughter and friend are the main speakers in it. I took it my senior year. It’s very helpful.
Amanda Alfaro COME ON!!!!
I used to work with a guy who was a Dave Ramsey fan. Although we got along well, he would never go out to eat for lunch, go to the movies or happy hour with me. The only entertainment allowed was to go for a walk. Now I understand.
I knew a lady like that. They took the kids out of private school, moved into tiny cheap rental, sold their expensive cars and bought cheap ones. Spent five years being cheap skates. Now they have a beautiful house, nice but older cars, etc
No debt. She teaches how to use coupons effectively, and she uses a lot of it to give to church and others.
😂😂
I think that's a little too extreme! You have to enjoy life some, we're not going to live forever 😏
@@juanb1203 it's fun to live like that!!
That extremist... Strike a balance. When you die, you cant spend money, think about that. The problem is when you do not INVEST your money.
The best way to double your money is to fold it in half and put it back in your pocket👌🤑
Chasity Marie 😂👍
😂🤣🤣😂😂🤣🤣😂😂
My dad taught us that lesson. Wisest words ever.
Clever
Hahahahaha 😂
I’m using this in the future for my kids.
Like Kevin Hart says.... they gonn leaarrrnnn today !!
I paid $29k in credit cards 💳 this month and feel free! Took me 12 months thank you Dave!! ❤️❤️
How you did it
@@bettfly I swear people post stuff like this but it never happened. If it did, they'd love to help others and share their knowledge. Being in a great place financially and in life feels good, helping others feels 10x as good.
i think she means she finished paying off $29K that day, not that she paid $29K on it in a single month
This guy is like the financial uncle I never had
My father is frugal and I am the opposite. I always thought my dad never enjoys his life by skipping the luxury when he can afford it but only because of him I am having a good life. After listening to Dave Ramsey, I have realized my dad's perfect and I am going to follow his footsteps
Same here
I hope you show this comment to your father. He’d be so proud of you.
Sharath Bs Awww nice! 👌🏾😊
My dad too! He was always saving saving saving, living frugal... always told me to save and think for the future, of course I thought he was nuts! Now I realize he was 1000000% right. He’s retired, collects pension, 2 rents from his tenants and his mortgage is paid and is living THE life.
Better u fallow his step if not u done sleeping in u a tent when u drain all father money 🤪
Making my last payment on my last debt.. finally out of my mess, baby step 3 starting tomorrow
Congrats Josh. It will feel like such a new day.
Joshua Woodford So excited for you! Congratulations!
I'm right behind you I am working on my last $8,500 out of the $31,366 that i started working on 7 months ago
+
Congratulations!
After a year of watching Dave Ramsey videos, I reached my breaking point and I moved back home and paid off four credit cards in two weeks by following the baby steps. I’m determined to one day to the debt free scream.
Thank you for Seeing out the tunnel instead of the Light at the end.
How have things been going?
Good for you! Keep going.
Whoooa that's amazing! I hope things are still going great for you!
@@MD-pz3cn not good more expenses came up i need to start over 😩
Laughing so hard I'm crying..."call the wambulance."
K TaVonne “we all work hard” 😭😭😭
Joshua Mills I receive that! 🙋🏾♀️
@@MrJamieBattle broke people: “we work hard.”
DR: “That’s cute.”
🤣
This is going to sound a little flippant but listen to this dude. His process made me wealthy at 45. Serious. I still listen.
Every time I start acting financially like a child and loose the grip, I turn on any Dave's video and come back to a healthy attitude on money.
You and me both. I stopped watching him for 5 months now I need to watch his videos again to get back in the game.
Inga Teraude , me too!
💯💯💯💯
Same here ... keeps me inline by listening to the podcast everyday
This is me!!!
I have run the gamut from not knowing where my next meal is coming from to having so much money I didn't know what to with it. I never once felt "broke" because i shifted my priorities every time. Now at 42, I am "retired." When I had abundance, I made sure to save and invest. I didn't live a lavish life however, I did splurged when the math made sense. When it was famine, I made sure my basic needs were met. The single biggest thing I did was to eliminate debt and not get back into it.
If you're too tired to cook, peanut butter sandwiches or cereal and milk are easy
Lol
They're incredible when you are exhausted !
@@MissMusicLover131 Amen 🙏
Girlll this is good eating too!
I like ramen noodles occasionally too!
Cutting foolish people out of you're life definitely helps.
And the ones that like borrowing money.
So true
Your. You're a fool
You ain't never lie
Yeah for me it means getting a divorce.
STOP BUYING THINGS JUST TO IMPRESS YOUR FRIENDS OR FAMILY.
sometimes its to impress people you don’t know
Abdul Hai turn caps lock off and follow your own advice
Simple i have no friends or family
I buy things because i enjoy them not to impress anyone
@@snipedurbuttman212 Same here brother, but there are a lot of people that do it to impress others.
You've been a mentor, pretty much a father figure to me. 32 I found you. I had a PhD in dumb. I was the example of how to be broke! I've been working since I was 16. I'm 34 and my life has been completely changed! I learned how to be a responsible adult, as well as a better man! Thank you for your message and your passion!
“PhD in dumb” 🤣😂😭 LOL good one
I just want to say thank you for educating me growing up. My father forced us to listen to you in the car. I hated it growing up but now that i am an adult, I am smart with my money. And I love listening in now that i am an adult. Thank you
Is your dad rich now?
I paid off my car note and credit cards and student loan is next.
Get it!
👏👏👏
Nice!! Keep going! 😃 it'll feel so good to be debt free!!
👏👏👏👏👏👏👏 whooohoo girl!
Nice!
Don't ever go broke, just ACT BROKE so you never have to be ;)
I live paycheck to paycheck, but only because I invest/save most of my paycheck.
Not Your Average Joe sounds good to me
I think my family thinks we're broke actually lol I find it funny. We have a savings and pay things in full so it's ok. But let's be balanced and be generous even in our wisdom of saving and investing. ☺ Its easy to get stingy if you don't. 🙄
Good tactic.
Rich Broke.
Thank you for your message, Dave. Because of you, I'm 19 months away from being debt free! I've been following your plan for a couple of years and I can see the light! People don't understand me, but I'm focused. It's about my life......thank you.
Checking in... How are you doing on your baby steps?
"Big hat no cattle" my favorite phrase, Mr. Ramsey is the finest Texan I know.
This man is an intellectual savage and it inspires me lol
Sylvester McNutt III Dude, I agree.
In reality, it's nothing truly MIND BLOWING. All he is stating is common-sense. Simple math is common sense. You really do not need college level maths to figure out a budget. The problem is consumerism and the ignorant fools who want to live beyond their means.
Kris Teth Ba Thx, great interpretation. Dave Ramsay does a good job of explaining too.
Sylvester McNutt III 😂😂😂
Sylvester McNutt III LOL then you don't take much to inspire you
I put approx $35,000 away last year for retirement last year and drive a Honda Civic with 220k miles. I plan to retire at 55 and keep conservative lifestyle.
Dave Jones 👏👏👏👌👌👌 that's amazing Dave. Glad to hear things like this are possible with a disciplined mindset!
What's your job if I may ask
Erwin Ahlers x
I’m saving $80,000 a year at the moment, I make $110,000 after tax. Currently 19 and running my own business. I hope I can keep it up into my 40’s. Then retire😏
@@123mcgarrigle daymn what kind od business you run?
I read his book , applied his lessons and now I can afford to work part time to balance my work life and family life. Paid off all my debt except for bal on my car! It feels great!!!!
Congratulations. I don't have a family yet but I'm working hard now because I want a part time job and a balanced family life later.
I worked part-time without child support.
Anyone remember when credit was taboo? Having pride in your life was saving for things and paying cash for them. Today, instant gratification is promoted SO much!
Blame the 60's. "I want what I want when I want." Star student here.... And in debt! Looking forward to more Ramsey common sense!
Broke people always have money for cigarettes, alcohol, gambling and eating out... priorities.
paintball130 Exactly!
Ah the essentials
...and tattoos
Very true
... the newly released game.
My spouse is a high income earner. One income household. We are 33. And we have about 150,000 in assets.
We own a home with mortgage payments. Other than that, we have no debt. We drive old cars. We have no payments on anything than our regular bills and even our bills are very minimal. I don't subscribe to a bunch of things. By the end of this year we will have more than 200k in assets.
While friends are taking nice vacations, driving new cars, eat out and go out for entertainment; we as a family choose to stay home in evenings, chill, eat at home and enjoy simplicity. It's easy for a stay home mom to go out and want to spend but I sit my butt at home unless I'm going out to volunteer or meet with a friend for coffee. I can't wait to pay off our home and be super wealthy before we're 40!
Edited to add: in our 20s we made stupid decisions. We learned from that and became very frugal and pray about every big purchase.
JellyBean Planner so proud of you guys.
You want a digital milkbone?
no donkey joe. i do quite well and am a red blooded conservative. there's no need to reply on a forum how well i am doing or not. its pointless bragging to an imaginary crowd.
Just dont forget to live! Life is not all about savings all your income for retirement...
We have also made stupid things in our 20s, but became mature during the years when raising our own family.
We also live frugal, and try to pay off all our debts to end of 2018. The mortgage should be paid for less than 3 months, I hope. We also drive old cars, pay all bills on time, not going out and don't travel during the weekends. Those are temporary sacrifices whose worth in long term. We pays everything by cash or debit card. The only thing which we don't save is healthy food, we prefer quality food, than junk food.
Next step is building a legacy and wealth.
Be weird! It does feel good being 34 with 250k in the bank! Best feeling ever
Matt Game tell me How? gambling!
@@carlitoes3998 started saving at 13 years old. Had 20 grand by 17 years old. Hard work and saving multiplied by 20 years.
The most I can save with my current income is 600 dollars a year so it will take me a long time to reach 250k.
@@mrholmes8 How many hours do you work per week?
Humility is a virtue.
Moving into a tiny house in my friend's backyard was the best thing I ever did. Don't have room to buy anything and she only charges me 300$/ month
Sounds like a good base of operations
Lucky!
I’m watching this from the U.K. - some of the terms are different, but the principles are universal - your income is your income, live within your means - treats needs to be paid for IN CASH and whatever you earn, put something aside for a rainy day. Dave talks about “big hat, no cattle” My English granny used to say “fur coat, no knickers”.
Iain Dennis lol my nan you to say that also
Completely agree, putting money away is a great idea and is useful in the long run. We have a CZcams channel for start-up entrepreneurs and small businesses. Feel free to check it out if you get a spare sec. Have a great day, Scott
Amen. My 2 roommate eats out 1-2 times a day and are constantly concerned about bills. I'm about to buy a little house and land next month with cash, because I refuse to pay interest for anything!
Awesome
Jillian M are you available? Lol
Congratulations
@vulpix I take your point- living in an area of extreme housing prices is difficult. We chose to buy a house that was within our range, but had to sacrifice living near family. Otherwise, we'd be saddled with a mortgage for the rest of our lives rather than buying a house in cash outright, in a nice neighborhood.
Saving money for purchases is great. Just make sure you get your money's worth. Cheap houses can also mean so negative effects, such as being located in a dangerous area and has many damages where the costs is greater than the value.
I was thinking of paying off my car and buying a new one right after because I really fell in love with a new car I've seen.
Watching this helped me decide to keep my current car. I mean, I KNEW that's the right thing to do, but in this materialistic world it's easy to fall into the consumerist trap.
Yea that's how I feel, no more Payments after mine is paid off.
My car is 16 years old, I baby it and just need minor repairs here and there. My car looks good yet, runs good. No car payments. I'm starting to think of ways to save for a new one. I do NOT want a car payment ever again. I will get a new one soon, but we'll make sure I have funds to do so.
Honesty
I'm tired and I don't feel like cooking in my house means we're having cereal. I call it "fend for yourself" night.
Wow... I thought my mom was the only one who said that. All. The. Time.
My mom used to call it "grab yourself" night. It sounds dirty when I type it out, but it's just something we said for years. I usually grabbed cereal. Can't go wrong!
Good point. I love it. Fend for yourself night!! I caved in and went out to dinner with my son the other night. I was tired. The restaurant was closing so we took it home. But, if I saved that money and gave it to him that could have been a great teaching moment and HE could have been $70,00 richer!
22 years old I suffered a ruptured appendix that was misdiagnosed for a month and I ended up spending a week in the hospital and ended up covered in debt. 10 months later I have one medical bill left and I should be debt free in 2 months. Couldn't be happier to have my health and my financial freedom.
I can relate to Ramsey, I got my real estate license and started selling houses at 18yrs. Bought my first investment duplex at 19, at 21 I have several rental properties and a big 4bed house in a gated community. I had brand new luxury cars, boats and spent money like it grew on trees. I was operating on a very fragile and dangerous system.
9/11 attacks impacted the market and my income, tenants and rents prices dropped. I had a fourplex that had a fire and was heavily damage. Requiring all 4 tenants to vacate. The insurance company didn't cover 'loss of rents'. Eventually I couldnt pay the mortgage on an empty building that had no equity in it. I DIDN'T have an emergency fund, I used expensive financing and subsequently went broke, considered bankruptcy and mentally suffered a big hit.
When many would've quit, I started all over again. I love the business, learned from my mistakes and many years of hard work to get back on top. I now have my highest net worth at 36 and increasing.
Don't borrow money unless you absolutely have too, pay it sooner than later, save and don't spend beyond your income ratios and you'll be fine.
I wish much success to everyone reading!
classemag This was VERY inspiring to read. Thank you for sharing!
Finally!!!!!! Someone with a useful comment. Thank you.
Weren’t you 17 years old when 911 happened?
This man should be a college professor
No, he should not. He educates more people like this through his videos, books and programs.
He makes more money selling books about common sense
They should show this to juniors/seniors in high school so they dont make the mistakes a lot of people make that aren't educated on money mgmt
buddypng31 His company does have a high school curriculum in quite a few high schools around the country. The problem is that most high schoolers can’t apply any of the knowledge they are learning so it goes in one ear and out the other.
He should teach at Financial Peace University!
Dave, just want to let you know that “YOU CHANGED MY LIFE” thank you so much for sharing all your knowledge and wisdom 💙
I was $56k in debt in the beginning of 2018, as of 10/27/2018 I became debt free and now at 11/6/2018 I already have 4k in my savings and growing. Thanks Dave for sharing your wisdom on youtube.
Boostang good job!!!
Boostang awesome 👏
Dang you paid off 56k in less than a year? How much you making jeez.
Dept 🤣
You win a scratch off?
I make a living hurting your feelings. This is why I love Dave.
"Normal is Broke!" Yep! Very true ... BEST rant ever!
Not only is Dave like a teacher and a second father to me and I'm sure to a lot of you too, the people listening to him on CZcams provide the best advice, motivational quotes and lessons from their own experience in the comment section. I love our Ramsey Club ❤ we rise by lifting others, my loves..
I'm 14, helping my families buisness, one of my older friends recommend you. start early on how to deal with finances and won't be in debt. it's a good idea
andrew stec that's very good. Starting early is the best we all can do. After taking the financial peace universe class I've encouraged my teenage brothers to do the same.
andrew stec Just don't fall into the trap think that you HAVE TO HAVE CREDIT; and that "bad credit is better than no credit". It's not true!
I'm in the same position but I branched off my dads business and we ended up closing down my dads business and put money and resources in mine because it was making 3x's more money than his. My only advice for is to be innovative and help out your family business as much as you can.
not spending like a maniac and having a good credit is godlike. what are you even on about
When I'm tired and don't feel like cooking I just eat cereal for dinner. lol
I can top that. When I don't feel like cooking, I drink water and eat air!
Only difference between you and most people is you actually admit it lol
😂😂😂 same!
Me too
Cup noodles
My worst mistake was buying a Mercedes... now I struggle to pay for it. But I have learned and I will not make stupid mistakes ever again. The Dave show has helped me a lot Tbh.
I love saving my money and i’m a filipino kid who have 1,000 $ in cash, 16 years old. It’s hard making money in the philippines
Well done
Good job!
Keep hustling
Great job!
Don't just save it, invest, otherwise inflation will eat your savings FAST.
Sometimes I can't watch Dave Ramsey because the truth hits home.
Fire Blade890
Better to have it hit home early than to have it hit home when you are 65 and told can't afford to retire.
BlackWorldTraveler that's right. I have started repaying my debts. I owe 9k in debts i should pay it off in 3 years
I like the truth to hit home but his big-talk tough-guy delivery sucks
That " I'm tired I'm going out to eat" makes me feel ashamed🙄
Fire Blade890 😂😂😂😂😭same here
I am a low income worker who is NOT on food stamps or welfare because I spend on what I NEED before what i WANT.
Danielle C take advantage of the system as they do you
I wish more people were like you.
You would have more of what you wanted if you utilized all the resources available to you, including welfare if you qualify for it. Use it to save your hard earned money and then get off of the system. If you’ve paid taxes in your life, you deserve a piece of the pie when times get hard. Don’t let pride get in your way.
Good for you! I know folks say to take advantage of the system, but your self-respect is worth loads more than any food stamps will ever be. The system is there for those who NEED it, not those who can do it themselves and are proud to do so, regardless of income level. You’re amazing!
That's smart
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.
@JudeSouthgate 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
@JudeSouthgate Judith Ann peace is her name
Lookup with her name on the webpage.
@JudeSouthgate You are welcome
Love this guys attitude ... so honest and down to earth. I have a degree in Social Science and have heard so many excuses that people make about being in debt. Dave hits these issues head on. Well done. .🌞
Dave just intelligently insulted me without using a curse word, lol. But he's speaking facts. You made it so simple. Thank you.
I am 81 years old. When I was 12 I had a paper route that paid me $7 a week. That was a lot for a 12 year old kid. I have not looked back since. I never went to collage and my retirement income is double my expenses. I own my own home and I am debt free. It was not that easy but it was not that hard either.
Do you have long-term care insurance?
I am glad from the first day of my husband and I relationship, we decide to openly and honestly doing this math on regular basis no matter we are high or we are low in income. Marriage needs teamwork, especially in terms of financial.
just paid off my best buy cc listening to this. $606.63 paid! One more cc left and on to student loans!
I started the Dave Ramsey plan two years ago. I couldn't save most of my income because I wasn't budgeting and I paid debt for 2,000 dollars. I was still eating out and spending money everyday. Its a learning process but I can now say I love budgeting as much as I like saving and giving. This month I have decided instead of saving 30% of my income I will be saving 60% of my income. I will also budget every month. Pay the same amount at the beginning of the month for necessities. I make 13,000 dollars a year and have 7,500 dollars saved up.
Smileyyy21 congratulations! I hope to reach that level one day 😊.
kthename08 Discipline and persistence. Trust me once you save that first emergency fund it will become easier. I also have a notebook that keeps me organized. I'm not debt free yet as I have student loans. This past week I called credit card company to dispute my accounts.
Smileyyy21 oh thank you! I have a car credit card and student loans also.
That's the tough part , saving up that $1,000. I've tried several times and when I'm almost there, life throws a health scare for either me or a family member and I have to use that money . I'm glad I had a few extra hundred dollars to take care of things, but I hope the universe takes a break and let me save up the damn $1,000 without major drama interruptions.
Pamela C. I understand that, I've been on baby step one forever also but I'm going to keep pushing until I get it, about to start saving half my paycheck every two weeks because my expenses are still low since I haven't moved out yet ( I hope to do so later this year) and I received a raise last month. In the meantime I'm enrolled in school and looking for better job opportunities lol.
I turned 19yo not too long ago and got my first job at a McDonald's. I make around a minimum $340 every paycheck, though atm I'm looking for a second job. I'd honestly rather work at a retail job, it's really hard getting a raise at fast food jobs. I have a little over $3,000 in my savings so far :)
Keep it up man! You're doing great!
You have more in savings than 80% of adults
Your post will inspire thousands starting out. How people START is so important. Its all about percentages and good habits. Well done!
Ghoulifyed You’re on the right track. Keep up the good work and hope your savings continues to increase.
That is so awesome, Ghoulifyed! Many people making 10X what you make don't have that amount saved. You are proof of the old saying: It's not what you make; it's what you keep. Very well done! Keep it up and you'll be the next Dave Ramsey!
My life changed when I changed my mindset about money. I stopped LEASING my lifestyle. Now I can really live. When I forgot it was payday --that's when I knew I was doing better!
I loveeeeee how straight forward he is!! 😂😂 so happy I found him.
IKR
He claimed bankruptcy you know?
"you know how I know we're broke, because we don't have any money." this dude is a hoot.
Alfienyka Stinson hahahahaha
I should watch this every morning. I will be financially in track...
me too
I think I am going to do just that.
"$30,000 a year you already can't breathe." Thank You! I had to leave a corporation that I liked working for, because my annual salary just didn't cut it with a Bachelor's degree in their field of work
Most of this generations are credit cards, vacations, buying video games, fast foods, high gym membership, half don’t bother going, and expensive cars. I grew up in India, was constantly reminded, “ Never buy anything on loan” Except for a house and medicals. Go to church, do social work and cook most of your meals.
I would literally save all of my money on all of these expenses but since i only have cars as a hobby, I can save out on the rest and use that money to buy the car
So true. I have friends that pay over $100 monthly for these designer gyms...it’s insane.
You're Indian and go to church...?
"Call the wambulance" lol what a guy! Your my hero Dave!
ArnoldMAN92 😂😂😂😂😂😂
🤣🤣🤣
Man you gotta love this guy ... he keeps it real !
Judge Judy also doesn't care about your feelings! Dave you are 100% right!
This guy just called my @$$ out and Im listening, I needed this guy YEARS ago. Hes on POINT
"Waaahhh....I'm tired, I work hard...Waahhh." 😂😂😂
lol! I am glad he said that...i will think of THAT when i get tempted to go that route.
My wife says this stuff all the time... it's so frustrating! Ugh!
"Puh-leeze! ...Call the Wahhmbulance" Baaahahahaha! Dave made me laugh SO HARD here.
daflione Oooo call the whambilence! lol
daflione this spoke to me on a deep level 😦
I’m a stay at home mom with one child. My husband makes $30,000 a year. No debt besides our mortgage. 21 years old.
tessa zhu You are off to a great start! You & your husband will be Millionaires! 🌟🌟🌟
Food stamps?
Carlo Council
If so it’s probably under $100/ month. My brother works as a caseworker and he said that food stamp amounts have went down drastically in the last 5 years. One person he approved was only eligible for $14/ month basically making it not worth the effort. The days of living off the government is almost over.
Unless you already have a college degree and a job skill, I'd say to use your time now to go to college. My DD had one child at 21 and she got "need based" money.
1
This is why I love listening to you. I have cried a few times but now I have gotten my act together. Thank you 🤗
Ever since my first job when I was 17 years old, I've never been broke. I say I am sometimes to my friends but really it's just in my savings and I've never been in a situation where I didn't have any money
I totally needed to hear this! I was feeling a bit overwhelmed after seeing the debt my husband and I have to tackle, but hearing Dave give everyone an auditory kick in the pants is just what I needed to refocus. On my way to baby step 2!
Draw a graph with your total debt at one end and zero at the other and update it every month. It's nice seeing the line go down towards 0! : D
BritBit Thanks for the suggestion-I'll do just that!
nrsimmons178
And since Dave mentioned "big hat no cattle" I recommend reading "The Millionaire Next Door".
BlackWorldTraveler Thanks, and I'll pick it up ASAP!
nrsimmons178 awesome! How's it going??
Love how he is so real... Most honest person I've listened to
I honestly wish I could’ve had a mentor like Dave Ramsey when I was 18 years old, I’m 23 now with my grandmother and mother both struggling financially and never had a father so I look up to Dave Ramsey and other successful entrepreneurs for motivation and self confidence that I can make it in this world one step at a time. I’m glad god showed me a grandfather I never had to mentor me and show me a path to financial freedom and hopefully showing my own understanding to my parents who were never fortunate enough to have any educational understanding of financial education so I can show them what it takes to achieve it thank you Dave Ramsey.
"It's time to be weird. Normal is broke."
"Adults devise a plan and follow it. Children do what feels good."
BOOM💥💥💥👏🏼👏🏼
Don't financially support freeloading roommates even if they are family.
Marilyn Willard most of them, except parents(rare, most parents are divorced) don’t appreciate.
And even if they are a boyfriend. I know someone who keeps getting boyfriends they let move into their house. I told her ✋ stop saying yes to being in relationships with broke loser men !!! They wouldn't listen and have not learned yet so I finally cut her out my life.
@@ms.anonymousinformer242 Why did u cut her off? For not listening to u? Or was she asking u for money?
@@ms.anonymousinformer242 Hmm. My family has property in Aiken County, SC. I handle the taxes.
Sounds great until YOU lose your health.
I only make about 19,000 a year, but I have 7000 in the savings, and zero debt! I paid off my car right when I bought it. Im investing about 100$ a month,and my college classes are being paid for by the military :P
Thanks for your service! Good job on you man!
This is seriously impressive on such a low income. True dedication
Great job!Thanks for your service.
There are a lot of good jobs out there with tuition assistance and other good benefits packages that actively seek veterans. You can make WAY more than $19K/yr. Apply for a big-city municipal position. Apply at railroads. Double, triple, or quadruple your job income and get a good benefits pkg.
I watched this video a hundred times and it change my life and my way of thinking! I just finish BS2 and i am happier than ever. Thanks Dave Ramsey for giving me the motivation 🙏🙌
Whambulance🤣🤣🤣🤣 Dave, THANK YOU ! This business of eating out is ridiculous...I'm trying to get our 20 year old to watch your videos!
I think its ok to eat out once in every four months, and eat what you are able to, not overspend on the meals. Otherwise restaurants would not have existed
😂😂😂😂. Oh you poor little thing.
Debt....the easiest thing in the world to get into but also the hardest thing in the world to get out of...
Ummmm, I'd say drugs....
Boy i just got my @$$ handed to me by Mr. Ramsey. "Adults develop a plan and follow it CHILDREN. do what FEELS GOOODD!
“I make a living hurting your feelings” Epic!!!Totally Epic....
He’s epic AF
As it should be..
So many young people like myself buy stuff we dont need to look cool. I’d rather my bank account be fed, than my ego.
i make $2500 cash a month and save $1500 a month.
What do u do for a living?!?!
Do you pay taxes? You must not have any bills or a home to pay for if you save that much with that cash money every month.
Living at home with your parents probably
I make $2400 cash a month also , with no bills way to go .
If he makes 2500 a month and saves a little over half of it. Which means he lives below his means. Maybe his apartment cost like 500 a month and bills are pretty cheap and he doesn’t do anything else extra which is the only way to save that much. He doesn’t have to live with his parents.
I AM so serious about getting out of debt nothing else to me matters. I'm chipping away and look forward to when I can say I AM DEBT FREE on a mountain top literally!!!!
If Dave was president we wouldn’t be 7 trillion in debt.
The USA is FAR MORE in debt than $7 trillion, I'm sorry to tell you.
Unfortunately a single president can’t do anything to get rid of that much debt
@@bigshoe84 the USA will never get out of debt. The root of the problem is the so called 'Federal Reserve System' which is NOT part of the Federal Govt, it has no reserves and it is not a 'system'. It is a fraud. To put it even more starkly: The Federal Reserve Bank is controlled by a group of PRIVATE BANKERS, and NOT the Federal Govt. The people who control our currency and our money supply are PRIVATE BANKERS. Think about that. Read the book 'The Creature from Jekyll Iskand' for more on the utter fraud that is 'The Fed'.
bigshoe84 : sure but doesn’t help when his plan doesn’t even reduce anything and creates the biggest wasteful military budget ever! Oh and 188 Dems just agreed to it. Unbelievable.
@@MoneyStrategiesSOULutions both parties agree to it lol idk why ppl always go at democrats
When I get older this will not be me
When I get older this will not be me
When I get older this will not be me
Wish me luck
I wish you luck & may you follow up with discipline too.
The sad irony is that im doing pizza delivery to help get more cash to pay for groceries and eliminate my own remaining debt, and yet most of the people ordering pizza are the type that Dave just ranted against. Hopefully that won't be the case with our culture some day.
That is nonsense, if people had the money they could actually spend more and I do mean their money, not borrowed money.
swensation55
I started working as a process server to bring in more cash, much like delivering pizza but instead of delicious Italian American food they get a court summons for the debt they haven't paid. I see these people every day, too, it's literally my job to give them court documents for their debt. and they ALWAYS HAVE nicer cars than mine, usually a couple.
sounds like a dangerous job.
The best thing I ever did was work in finance as my first job out of college. The amount of people I met (I managed their accounts/debt) who looked really wealthy but had shed-loads of debt was very eye opening. I'd guess about 20% (max) of the people walking around who seem rich are actually rich. The rest are faking it all the way to bankruptcy. Never compare yourself to 'the average person' you see. It's mostly a huge lie! Recessions are very revealing as they tend to lift the lid off and reveal exactly who the fakers are.
In comparison, I live in 9 year old tattered jeans, old boots, second hand or charity shop clothing and old gold jewellry that I've never bothered to update (I have one set that I've worn every day for the last 20 years). I don't have a spray tan, fake boobs, sports car or mansion. I'm also not on a huge salary. People actually offer me free clothing because they assume I'm poor! But I know for a fact that I'm now wealthier than 90% of other 30 year olds I meet. It's not that I'm massively wealthy, but that the rest of the country is massively in debt!
You and me both my friend! It's absolutely mind-boggling.
Me and my husband were soooo close on buying a new car From dealership cause the payments seemed fair,,, but then after thinking about it my heart didn’t feel settled. God was telling me no that’s not what we need.... I’m so glad we didn’t go for it.... now we’re saving for one to pay cash on. Thanks to this man and God I finally understand why.
".. Your income doesn't matter..." Thank you Lord!👍
Right that was a relief lol
no credit card = no debt
@Yussef Saber Sure, but..uhm. I mean you could always go full rogue and just save up cold, hard $$$
@Yussef Saber goodluck if it doesn't do well.
Yussef Saber That isn’t true, and just what credit card companies want you to believe so you get one. There are other ways to build credit without a credit card ya know that don’t involve owning one. I don’t plan to own one if I can help it and I’m currently still building my credit score.
What if you have a credit card but don't perceive it as credit, rather you never spend what you don't have. In my mind, the number on my credit card is in no way disassociated with the number on my debit card. I still live frugal, save a bunch, rack up points and build credit score. Using fire for its benefits rather than playing with fire.
False I’ve got no credit card and 30k in student loan debt lol :(
He's telling the truth
Tonya Henry I agree
hey man, I just moved from la to a small town in middle America for my job. Walmart is the most entertaining thing here and its free!
"Get out of the land of payments" - ABSOLUTELY!
All hat and no cattle ...lol... In the UK the old saying was "All Fur coat and no knickers "
"I'm a cuss word in some of y'alls houses....that's fine, everybody's gotta have a gift, I've got it - I'm fine with it!" ~ Dave Ramsey 😂😂😂😂 I want this on a shirt!
am 27 years old been saving for the past 3 years 80 thousand in my saving account i used to squander my money now it's hard for me to spend a bad cent
Naaeeh!!! Wow that's a lot. What do you do?
I do woodwork i build furniture for the public and store owners
Naaeeh!!! Nice
Maybe this video came across your recommendation as a sign, i hope your financial woes turns around for the better☺
da'Jon Gee you just got to be focused while working I used to have this one person who tried to trick me into buying restaurant food every day and spend money then call me cheap because I was so focused on my goal but business before pleasure any day
I agree 100% with what Dave says and I wish more people I know would listen to this man. I have always been scared of debt, I use credit cards but make sure that I pay off my balances so I don’t pay any interest. I was indirectly told I was weird and swerved in the wrong direction, but now I know I was leaning towards doing the right thing! I only need to get better with budgeting to get full control and start saving! I’m also fortunate that I recently discovered and I love the idea of minimalism, it will certainly help to stay on track :)