Dave Ramsey: You Only Need To Know These 5 Rules
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Dave Ramsey shares the 5 ultimate rules to handle your money like the rich. They are based on common sense and guarantee wealth building if implemented over a period of time. Just follow the rules - 90% can’t.
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Dave Ramsey: You Only Need To Know These 5 Rules
✅💰 Book your FREE call with Financial Advisor!
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🤑 Earn 5% on cash & get 15 FREE 📈 stocks!
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More details:
1. No obligations whatsoever, just a free call with a finance professional at a time convenient for you.
2. To get free stocks, you need to open an account and make a small deposit.
0:31
The problem we have is because Most people always taught that " you only need a good job to become rich". These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
"It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent."
The wisest thing that should be on
everyone 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.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying
again.
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 the bold steps we need in other to reach our goals.
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
This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and seek an FA
Oh, that sounds good.
So, who is this person and how do I reach out?
“Angela Lynn Schilling” is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
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.
This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!
Thank you. I need to learn. Who do you recommend reading, please?
Scam accounts!
@@ALinn-vr3nlOh please.
1.Budget money 2. Get out of debt 3. Foster high quality relationships 4. Save and invest 5. Be generous
Thanks
thank you! for saving me time!
Thnx
Thanks!
Invest in what?
I agree that many people are considering NVDA as the "Stock of the year." However, I'm curious about which stocks could potentially become the next META in terms of growth over the next decade. I've allocated $200k for investment, aiming to retire comfortably.
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets
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
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
@Jamie Janny Yeah you're right, that's why I had to start Forex trading two months ago and now i'm making benefits from it now.
@Scott Nicole O ' Yes I'm a living testimony of her good work expert Benson Sandra
@Scott Nicole Mrs Benson Sandra has changed my financial
status for the best ,all thanks to my aunt
Who introduced her to me.
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.
I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
MELISSA MAUREEN WARD is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Melissa Maureen Ward is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets.
Indeed, currently I'm managing my finances wisely and being frugal. In the last 19 months, my investments grew by 43%, adding over $650K in profits. However, I've had losses in the past month, making me anxious. I'm unsure whether to sell everything or wait.
I always consult a financial advisor before investing. During the pandemic, I used their strategies to minimize risks and maximize profits, generating around $935k in three years with my advisor
@@spacecadet6 I'm intrigued by the idea of investing with an analyst, it seems like a wise choice in today's market. Could you provide me with some guidance on how to get in touch ?
CAMILLE ALICIA GARCIA maintains an online presence. Just make a simple search for her name online.
Thanks a lot for this recommendation. I just looked her up, and I have sent her an email. I hope she gets back to me soon.
Financial books have been so helpful. I’m 54 and my wife 50 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.
That is so amazing, I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success..
Credits to *ROCHELLE DUNGCA-SCHREIBER,* she saw me through the process. You can glance her name up on the internet and verify her yourself. she has years of financial market experience....
thats funny because this idiot blames the Fed for his bankruptcy in 1988.
Which book would you recommend for a beginner?
The most powerful wealth building tool is your income
DAVE IS AMAZING. “HOW I CREATE WEALTH”
The first step to creating wealth is figuring out your goaIs and risk toIerance - either on your own or with the heIp of a financiaI coach, and foIIowing through with an inteIIigent pIan, you will gain financiaI growth over the years and enjoy the benefits of managing your money
I am fortunate I made productive decisions that changed my finances (accumuIated over 1M in 2years) through my financiaI coach. Bought my 2nd house in January, and hoping to retire at 51 by next year.
Give this a try and attain weaIth.
researvh the name, lf you care.
REBECCA MARTIN WATSON
l’m amazed to partake on this, lt has rekindled the fire to my goals
To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly weekly or monthly basis. That's The key to being financially stable
I'm celebrating a $30k stock portfolio today. I started this journey with 6k. I have invested on time and also with the right terms now I have time for my family and the life ahead of me
Assets that can make you rich
*FX
*Bitcoin
*Stocks
*Gold
*Real estate
You're right but a lot of people remain poor due to ignorance
Not because of ignorance, it's because of the high rate of unprofessionalism in the crypto market
Crypto is a whole different ball park. I would only invest funds in it that you are willing to lose or dont need. In terms of day trading crypto I don't keep an eye on anything at the moment except XRP. Wouldn't be right guy for day trading crypto
A good investment portfolio manager work with individuals, families, and institutions to create customised strategies for growing and protecting their wealth.
The oversee portfolios of investments and advise clients on their assets.
When it comes to retirement planning, investment managers help clients set financial goals and create plans to meet them.
Bianca Harley Doran does all this including helping students with financial planning for college tuition and work to ensure that money is invested in the most tax-efficient manner.
When i want to make purchases such as real estate, cars, or other big-ticket items. Bianca Harley Doran takes charge of it.
According to things I've heard, she is a genius.
I needed to hear this 20 years ago. I'm 40 now. I'm starting today. I'm deciding to change today.
Be disciplined. The more strict, you are the quicker you will obtain what you are striving for. ✌🏽
It's not to late I'm 43 I've completely 180'd my direction I own my house only took 6 years. In fact I bought another fixer upper lake view property with the equity from my house. Already got an offer on it I'll be doubling my investment as soon as the paperwork goes through. The best part I just finished it after only a year. Now it doesn't come without sacrifice I work a full time job in industrial construction. Spent my weekends working on that property.
Great
@@soverien41how can i use my equity
How are you doing?
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further.
As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. It's unnerving to see your portfolio go from green to red but as mentioned if you have invested in quality names just have to keep adding to them and stay the course.
Working with a financial expert is the best way to deal with this market, most people have never experienced a bear market and that’s why their emotions are all over the place. I have been guided by ''Pamela Kay Regel'' who has made me understand/see that returns can be made in bear market as well and i have been doing well with 15% on monthly ROI
Please can you leave the info of your investment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol
The coach that guides me is Pamela Kay Regel, she's a registered advisor and has a wide presence on the web, so it shouldn't be a hassle to find her details online.
Just copied and pasted Pamela Kay Regel and came across her appealing page, thanks for saving me hours of researching. I'm from hit-crisis Sri Lanka
I’m so tired of rich folks telling me more money won’t make me happy but you don’t see them trying to get poorer or giving it to needy people
😂🤣🤣🤣 funny but very true.
He only says that so you don't put all that energy and time in and expect life to be perfect. Money is something we all need!
Maybe they speak from experience. They've learned that lesson the hard way. Also - part of Dave Ramsey is literally be generous. I've met a lot of generous people who have a lot of wealth and I'm grateful they are where they are at in their life because they do a lot of good behind the scenes.
Exactly
A lot of rich people do give to the needy!
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Who plays a pivotal role in propelling your success forward?
You've got to get your asset allocation right, and then diversify properly. Maintain an emergency fund to weather market downturns.
Now we just need to see the VRITOKEN price also move in the same direction as these charts. Up. Very Up.
this is going to 2x
1:36 - Get on a budget
2:36 - Get out of debt
5:24 - Foster high-quality relationships
7:58 - Save and invest
10:18 - Generosity
nobody needs your generosity. Just keep your hands away from pockets of others. Society will flourish better without your hand into their pocket.
Thank you.
Hey whats Foster high quality relationship mean?
Budgets don't work.
Just buy in cash and if you don’t have the cash you don’t need it
Is the stock market actually getting better or is this the regular end of year market manipulation to entice new investors, I'm currently sitting on an inheritance of 500k and i'm wondering do I invest in stocks or Gold?
It is advisable to diversify while retaining 70-80% in secure investments. Along with your budget, you should think about financial advising.
Its unclear which stocks and sectors will lead the market in the next uptrend. Stay away from rebalancing if you do not have guidance from a planner and Advisor/strategist. My finances have been in order since I got a wealth planner like Monica working with/for me. This approach has helped me stay financially secure for over nine years, yielding nearly $1m ROI.
Please how do I find and contact this financial counselor ?
Michelle Christine Parker deserves credit as one of the finest portfolio managers in the industry. Her reputation precedes her, and I highly recommend looking her up to locate her online if you are internet-savvy
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.
I have been without my credit card for over two years. I paid it off. The freedom is priceless!
The CC wasn't the issue. It was the way you used it. If used wisely, the benefits are rewarding.
I am in similar condition. Almost there!
Dave Ramsey will change your life. 100 percent. If you can't afford his book, hit up a garage sale, Estate sale,good will store. He is your foundation stone, build off his knowledge. It reminds me of a story. My brother and I were helping Dad spilt logs. After my brother and I were down cutting, Dad says to us, I have a gas splitter. Lol ...the moral of the story is, if there is a tool to make it easier use it. David Ramsey is that tool. Pick it up.
Been debt free since 2007 once I paid my house off , I was 52 . Retired at 58 and love every minute of it . Life is good .
How wonderful. Great job.
I've gotten rid of my consumer debt, but I should have my house paid off by the end of 2023; this year. I'll be 43. It's so much better living a life that isn't burdened by overwhelming debt. I find that when I buy something now, since it isn't on plastic (credit, at least); I never get buyer's remorse anymore, because I don't owe anyone anything after I buy something I want.
@@sbrazenor2 You have done very well for yourself. Many people misunderstand money, it doesn't come with instructions. money has other attributes, if managed properly, money provides a form of mental and financial security. You achieved that, congratulations.
How do you support yourself now that you retried early.
I've never been in debt because even though Ebenezer Scrooge was a mean guy in the Christmas story at least he was a good guy when it came to money. It's immoral to be in debt.
My wife and I went through some of Dave's courses when we were in our 20s, and now we are completly debt free except for the mortgage in our 30s. We had times where it was tough and not fun to live on a tight budget and focus down debt, but coming out the other side, it was well worth it!
While its fun to give "credit" to hard work fiscal stuff. End of day there is alot of luck maybe its knowing someone at a company getting job better than most that way. Every year another "good" job gets added to shitcan list. Truckers used to be solid six figure job and while some exist for most part. Its a exploitative industry that after "expenses" your lucky to make min wage. Sometimes people "owe" money when its paycheck time.
BUT more and more industrys "construction/trades" is a big one thats always shifting. Where there is another but you have to choose x trade x location x company x x x .
Get lucky don't get sick. House you bought while back I am guessing "right around crash". You happened to not be laid off desperately looking for work had cash at prime time.
Others that "didn't have that luck" born younger or maybe were one of ones screwed during recession. Simply will spend next decade or two hemorrhaging money to landlords. Unable to save up for down payment.
I get that it feels good to think you made all the right decisions. BUT a simple game of "what if" what if my company had laid me off then. What if I had developed a serious long term illness that affected work or delayed school. What if we had been born different year. Entered college later saved later.
People for some reason confuse this as "evil poors being jealous" but its asking for "empathy". NOT to forfeit what you have. BUT so if you ones of the 100 million people that doesn't have single hiccup ever. That those without same luck. Can not be bankrupted by a unexpected illness. That maybe not waiting for recession to be able to buy a house is normal. Like simply making it so "right choices today" mean success tomorrow. Because I have seen plenty that choose x great choice. Then job housing or other market shifts or something 1000% unseen. And suddenly it was "wrong choice". And everyone plays captain hindsight. Like one friend he had in decade of planning and executing his chosen profession. NOT ONCE heard a bad thing.
The market shifted and was terrible pay awful treatment. And suddenly everyone was "critical of his choice" the same that supported it previously.
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 because I invested early ahead this time .
@@SteveMayer-xt1rg The adviser I'm in touch with is ''Elizabeth Pan Holt ''. He works with Merrill, Pierce, Smith incorporated and interviewed on CNBC Television. You can use something else, for me his strategy works hence my result. He provides entry and exit point for the securities I focus on.
@@user-hr5qz6rs4t Thanks for the tip, I merely looked her up on Google and was highly impressed by her credentials; I just booked a call session with her.
I wouldn't recommend chasing dividends. You should ask yourself why the company needs to pay you to invest in them.
Growth stocks are the way to go. Look for companies that are continually increasing their revenues while being at least somewhat profitable. You'll make far more money if you find one Apple, Microsoft, or Amazon stock than you will ever take in with dividends. Dividend stocks give a false allure of safety. No investment is fully safe, and dividends are no safer than growth stocks while having far less upside.
At the very least mix it up. I guarantee you will make more off the growth stocks over time as long as you pick the ones that continually increase their revenues.
Unlike Ramsey, I never needed to learn these lessons the hard way. I have credit cards, but I NEVER pay interest on them. I don't even know what the interest rates on my cards are because I don't need to.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless. In just 5 months my portfolio grew by $300k in gross profit, the main thing is to diversify your portfolio and you will see amazing results by investing smartly.
My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.
@Trevor Ogden Yes i agree and right now the markets are going berserk. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, "LISA ELLEN SHAW" she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
@@Ammo-Hoarder Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Most likely, you can find her basic information online; you are welcome to do further study.
@@Ammo-Hoarder This is useful information; I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.
I genuinely mean it when I express my stress and concern regarding the market crash and high inflation, particularly in relation to my retirement. I have been experiencing losses for quite some time, and while some may argue that crises can present opportunities, I am feeling overwhelmed. However, I understand that investing is a long-term endeavor, and it is crucial to maintain focus on the bigger picture and the long run.
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio 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.
how do I get in touch with this consultant that assist?
STEPHANIE KOPP MEEKS, that's whom i work with look her up and thank me later.....
Thanks for the info . Found her website and it really impressive
In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
Despite utilizing the correct strategies and possessing the right assets, there can still be variations in the investment returns among different investors. It is important to acknowledge that experience plays a crucial role in investment success. Personally, I realized the significance of this and sought the guide of a market analyst, which enabled me to substantially grow my account to nearly a million. I strategically withdrew my profits just before the market correction, and now I am taking advantage of the buying opportunities once again
Please can you leave the info of your brokerage adviser here? I’m in dire need for one
”Heather Lee Larioni” is the lady's name. I first saw her on a cnbc report, then on Smart Advisors, and immediately looked her up on the internet; it was the best decision I've made to stay afloat in these crazy times. She has been outstanding.
Insightful. Your counsel couldn't have come at a better moment because I'm currently barely holding on. I'll do some research on her online before calling her.
To my understanding this just proves how much we need an edged as an investors because playing the market like everyone else just isn’t good enough. I’ve been quite ensured about investing in this current market and at the same time I feel it’s the best time to get started on the market, what are your thoughts?!
Fucking bots
I can’t focus on the long run when I should be retiring in 3yrs ,you see I’ve got a good companies in my portfolio and a good amount invested, but my profits has been stalling, does it mean this unstable market doesn’t provide any calculated risky opportunities to make profits?
There are a lot of strategies to make tongue wetting profits especially in a down market but such sophisticated trades can only be carried out by proper market experts.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
How can I reach out to this coach? Because I’m seeking for a more effective investment approach how good is this person at portfolio diversification, particularly with regards to digital assets?
I am 65 and I am telling you that Dave is dead on. Listen to him!
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Instead of trying to predict and prognosticate the stability of the market and precisely when the change is going to happen, a better strategy is simply having a portfolio that’s well prepared for any eventually, that’s how some folks' been averaging 150K every 7week these past 4months according to Bloomberg.
The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $2m with the help of my advisor from an initial $350k investment.
@@Jadechurch-ql3do impressive gains! how can I get your advisor please, if you dont mind me asking? I could really use a help as of now
I'm been guided by “Leila Simoes Pinto’’ 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.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
I've come to realize that the key to amassing wealth lies in making sound investments. I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses. Not reaching a million before retirement feels like an unfulfilled goal.
You have done great for yourself. I’m trying to get onto the housing ladder at 40. I wish at 55 I will be testifying to similar success!!.
I'm exploring different investment opportunities and would appreciate others' insights on this matter.
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner..||
I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including CZcams channels, seminars, and more..
Thanks to these recommendations, I successfully located her online profile and have already reached out to her with a message-
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.,
I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.
I invest across the top markets but not by myself though. I follow the guidelines of *Nolan Velden Brent.* you might have heard of him. I can correctly say he's worth he salt as an investment advisor as he diversification skills is top-notch, I say this because I see that in his results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what he places and not just on some particular industries of my choosing. he gave me that financial freedom I needed
search him up on the internet with his name. he's quite popular for his services as he was recently featured on
CNN. he can work with anyone irrespective of where you're located.
@@mathebulamkhize876
Oh ur amazingly successful. Please share his name. I smbin Australia
@@stjepanhauser7595dollar cost averaging in a total stock market index fund. You can seek out a “fiduciary” financial advisor to help you invest wisely according to your personal comfort level with risk
My daddy a poor man, grew to be middle class, taught me generosity. Generous people are God's people . Taught to give even when I am broke. And God always provides.
Facts
Amen
He did good….very good.
I bet you never missed a meal either.
Sounds like your Daddy was a great man. God bless
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management 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 is reading this will be successful in his or her life!!!
Wow, really. I was able to make my $25k on investment
@@johnmark5119I’m looking for something I can venture into on a short term basis, I have $15k sitting in my savings
Assets that can make you rich
*FX
*Btcoin
*Stocks
*Gold
*Real estate
You’re right but a lot of people remain poor due to ignorance
Not because of ignorance, it’s because of the high rate of unprofessionalism in the cypto market
I think VRITOKEN will be the most important project in crypto. But HBAR sounds nice too. Will buy some with my VRITOKEN earnings lmao
this is going to 2x
The recession wouldn’t be that had on us if only most people took out their time and finance to venture into investment opportunities, most people live in comfort of savings which won’t cover up for much on this recession
My first investment was with Shanita Creswell, it gave me profit of over $80,000 Us dollar...
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market l'm grateful to Mrs Shanita 🙏🏻
I invested $10,100 with her and she made profit of $53,000 for me just in 5days
O' Yes I'm a living testimony of Mrs Shanita Creswell.!
She is outstanding so well mannered teacher, glad i saw this here the knowledge you will gain is for a life time. Now is the time to invest in your education for 2023.
My VRITOKEN shorts are doing pretty well and I plan to hold much longer.
this is going to 2x
The future belongs to those who believe in the beauty of their dreams. Success is a state of mind. I think I'm blessed because if not I wouldn't have met someone who is as spectacular as Expert Mrs Lucy Mary Liam.
I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Liam🙏
@@AustinWashington-jp6jdYou're absolutely right, and that's a beautiful mindset you've got there I never thought of it this way before. The idea of the whole trade market is something I still can't wrap my head around.
I have broken through 45k, 72k and got my eyes on 120k! Champagne stays popping, she is too awesome.people prefyto spend money on liabilities rather than investing in assets and be very profitable
Creating wealth and gaining financial freedom isn't as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..
The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.
Money buys time and freedom. That’s happiness.
It also buys opportunities to make investments or small businesses that bring in income
More money more responsibilities; less freedom
Love the VRITOKEN content. I think this project is just as essential as HBAR and they both will be great movers
this is going to 2x
The investing part is very important, even though it may seem like stocks are falling. I'm still at a crossroad regarding whether or not to liquidate my $138k stock portfolio. What’s the best way to take advantage of this bear market?
While there’s more pain to come, investors should look for stocks like Royal Philips NV and Alstom SA that have been beaten down enough that they’re a bargain, or get a good portfolio manager.
I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.
@@ericmendels I've been down a ton. l'm only holding on so I can recoup. I really need help. Who is this investment-adviser guiding you?
I really don't like making such recommendations, lest I get labelled a bot. Lol. But there are many freelance wealth managers you could check out. I have been working with Sharon Louise Count for about four years now, and she's made decent returns. If she meets your discretion, then you could go ahead.
Thanks, Eric. I have booked a session with her, and I hope she gets back to me soon. Any idea if she manages family fund?
Money doesn't make you happy but a lack of money makes you unhappy.
Anyone who says money doesn’t make you happy has never done anything really fun with it lol 😂 saving is great but it’s important to reward yourself as life is too short. Save, invest, spend on fun stuff using your savings & keep a float for emergencies & enjoy life :)
@@catherinedesilets8960 Can't disagree. This means you can afford to do fun things. That doesn't mean being extravagent. I'm taking taking a weekend trip in a nice cottage up north. Pay for some from 5k and 10l races, some destination travel like visiting a foreign country.
Like Dave said, have enough wealth to enjoy your life. Not be a billionaire who squanders all his money or stands in front of a crowd and shows off giving a few $10ks to a charity.
If a lack of money makes you unhappy, you need to cultivate meaning instead of letting it depend on materialistic items that have no meaning outside of the system.
The most freeing moment of my life was when I realized I didn't need to depend on outside circumstances and resources in order to be happy. (: not saying money isn't valuable and it certainly does cause some misery being without necessities for sure! But I will say - I truly believe happiness is possible in every circumstance and some of my most beautiful memories have been fostered in times of poor wealth.
I’m going to get started today. I’m recently divorced, a dad of 2 and now will be fighting for sole custody of my sons on top of being in debt but the simple fact you(Dave) are a man of God I’m gonna put my faith into God and this plan.
So when you fail it will be gods will. This is not a gods problem, its yours.
@@australiagreg3179Maybe you should learn how to type & spell BEFORE dispensing life advice... by the way it's - God's not gods
For us, budget is so important. It keeps us within our limits. We don't need credit cards to blur our limits.
The 2 biggest pay raises I ever received were when the kids went off the family payroll and when we paid off the mortgage.
AMEN!!!
Amen.
lucky you. most kids today stay on the payroll and demand a house and car and a phone to boot.
Dave speaks common sense. The problem is delayed gratification a trait parents fail to teach.
YOU nailed that right........exactly correct. Gotta have it now.
Nothing wrong with what Dave teaches. It is common sense. But his teachings are for the common 9-5 people who value safety and comfort. Again, nothing wrong.
What im saying is if you want to be rich, dont listen to Dave. If you are terrible with money and want to live an average life then Dave is definitely the right guy for you.
But speaking from personal experience, I wouldnt be where I am at today if it wasnt for some risk taking and leverage(good debt). Last year I went from 5 figures(around 60k) to 6 figures(around 240k) through real estate. Thats from leveraging good debt. I got a construction loan and built 2 houses and it paid off huge. No rich person got rich by paying everything in cash.
I am in my mid twenties and I wouldnt have that much money this young if I was working a regular 9-5 and playing it safe. I just dont like how Dave preaches that all debt is bad. Just my opinion and personal experience.
This may not be common sense for some people.
It’s not just parents. Why is there no personal finance curriculum in schools?
That delayed gratification thing only works if people are honest…
One candy bar now.
Or 2 in an hour: maybe.
VRITOKEN anticipation is building to a fever pitch! 😥
this is going to 2x
Thanks for this! I currently make £84k/yr. No investment and I work from home. I need to do something quick. What can I do?
Making £84k/yr and working from home is awesome. If you're looking for quick investment options, consider exploring cryptocurrencies. They offer potential growth and diversification. Just make sure to do your research and consult with an advisor
I’m very much aware of the great benefits of working with a pro but I haven't found one for myself.
@@Mikael00898 I totally get you! Finding the right pro can be challenging. I partner with Olivia charlotte Oswald on various projects, I found her on the CBNC interview, looked her up and we began our awesome partnership. Her services are exceptional.
Definitely grabbing this opportunity. Thanks so much, just found her webpage
Cryptos and real estate crowdfunding are awesome investment options! It's great that you're growing with Olivia.
I have start mixing with generous people long time ago. I choose friends who are generous and kind. They are awesome people to be with.
Anybody that thinks money can’t buy you happiness - give it to me, I’ll take that burden off your hands.
OH yes it does buy Happiness and peace of MIND no matter who is in the White House. LOL
I took advice from allot of different money advisors over the years including Dave. I'm debt free with exception to one loan my mortgage that will be paid off this year. I have a state pension that kicks in 2 years, Saved up enough to retire early at 56 last year. It's amazing how free you can be when you don't owe the man anything and still live a decent lifestyle.
The dream.
Exactly.. We all have to decide what we want out of life. And then the work begins to make that happen.
Dont let dave hear you have a pension!😂 Turn that into a 100k lump sum would be better!😂
I’d paid off asap or long ago
It’s paying for healthcare that is difficult before your eligible for Medicare
Putting well-earned money into the stock market can be over emphasized for first-time investors, unlike a bank where interest is sure thing! Well, basically times are uncertain, the market is out of control, and banks are gradually failing. I am working on a ballpark estimate of $5M for retirement, and I have a good 6-figure loaded up for this, could there be any opportunity for a boomer like me? I'm nearly 60.
Sincerely it's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.
Very true, people downplay advisors role, until burnt by their mistakes. I remember just after my layoff early 2020 amidst covid outbreak, I needed to stay afloat, hence researched for license advisors. Thankfully, I came across someone of practical knowledge, and decades of experience, my stagnant reserve of $325K has yielded nearly $1m after subsequent investments so far.
Please how do i implore her services? Currently in dire need for some guidance.
My consultant is Helene Claire Johnson, She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so
Impressive, i’ll most definitely check her out. I buy the idea of employing the services of a Financial Advisor because finding that balance between saving and living requires counsel.
House paid car paid and new Harley paid all off. It took me 61 yrs to abide by Dave rules oh what a feeling!!!!! You can still have nice toy's. and live a better life without payments.
If it took you 61 years... didn't you fail the invest rule? That one requires long term utilization.
Patience and discipline. If you can master those two skills you can accomplish anything
Thank you so much. I'm 68 and struggling. I owe 4609 on my car can't wait. My nite is $477.00 Toyota.🙏🏾🙏🏾🙏🏾🙌God help me.
@@rosettadenton2876
Yes my thoughts exactly.
Many of us haven't got the time to be patient
You have to stay positive (yes easy said than done ) but you have to do.
You need to get advice on this.
Good Luck. 🇬🇧
All I can say is that nothing beats expertise when it comes to making money. I just keep watching these clips, and as I get better I'm earning with guidance.
Hi Mariam. What would you recommend for someone who is interested but green, and looking to make some profit?
I used to be in the exact position almost a year ago. All that changed after I decided to start paying attention to my finances. With the help of a pro trader, Herman W Jonas, I’ve gotten into stocks and FX, splitting my funds in different assets that have brought me huge roi. I just reinvest and grow my portfolio. Here,
Hermanw jonas (a g mal
comm
I agree with you Mariam. That idea is applicable in all aspects of life. With experienced hands, you generally, get things done more efficiently. Smart people know this already.
@@DrhuntleyI reached out to him through his email you provided. I’m awaiting his reply so that I can proceed with the process. Thanks again.
I am really happy to see the education like this from Mr Sam, Deymon, said and used the word consistency in the profit need to maintain to achive the goal So it will be helpful for all newbies trading the financial market.
I know MR Sam Deymon, his concept is mind blowing and very unique.
The market is profiting if you are using a good account manager to help out with trades or provide signals.
@@londongin4985 @samdeymon433333
. I was at first scared of investing under his company platform but I summon courage and gave it a shot and behold I made my payouts with an impressive results.
I'm forever grateful to Mr Sam Deymon for his constant and excellent strategies in trade.
I became debt free listening to him.
Me too
Me too!
I am on my way too...excellent advice and the feeling is the best thing ever....I pay off the first one of my debts next week...and the snowball rolls on to debt 2....I have 6 in all....and will have 5 of them done and dusted by in 12 months!
Me too
Im on my way! He is the reason why.
So much knowledge! Absolutely free! All of this is not taught in school or university! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing that I am trying to correct now. I have a couple thousands saved up which i want to invest for long term now. Listening to you gives me inspiration and wisdom. Thank you so much,!
Maybe you should consider having a mentor this time around. Not sure where you will get an experienced one, but if your knowledge of the market is limited, it seems like a good bet.
@georgeh I agree with this. Based on personal experience working with an investment advlsor, I currently have $985k in a well-diversified portfollo that has experienced exponential growth. It's not only about having money to invest in st0cks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@josephbush That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?
@tommymyershoffman I am guided by ''Heather Lee Larioni''. I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@josephbush This recommendation literally came at the right time, I’m down by $7k in stocks this week alone.. its crazy! I just looked up Heather online and researched her
Im almost in complete agreement with Dave on everything. However, if you pay your credit card every month and have the self control to only spend on it what you would on a debit card, I see no issue in having one. I haven't paid a cent of interest in 7 years and consequently I haven't paid for a hotel room in the same period of time while investing 20% of my income. If you have no self control, don't have a credit card of any type though.
Exactly. I say it's like in school, you can pass with an A+ or a regular A or squeak by with a D. Just like you said; it depends on self control.
We paid off our 30 year mortgage 13 years early recently. In two years we will be completely out of debt thanks to the things we learned from Dave.
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green.
As with an my big financial decision,it’s important to keep your guard’s up for economic risks.
However, smart planning, time management and seeking advise from a financial adviser can help keep you and your money safe
@@hermanramos7092 yes i agree and right now the markets are going berserk right now. This is the best time to watch them, get to know them better, and strike when the opportunity presents itself. I learned that from my mentor, ‘’’Catherine Morrison Evans'' she's seen dozens of market cycles over the past few decades, and she has a feel for how they move, why they move, and what comes next.
Sure, the Investment advisor that guides me is '''Catherine Morrison Evans'' and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.
@@kenanporubsky2122 ''Christine really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
Started my life over two years ago. Stuck with Ramsey methods and it’s working well!
Great video. My 2012 Malibu is paid off. I'm 70 and happy with the Chevrolet. Car is dependable and I keep up with the maintenance. My house payment is low and even though I could get 3x more than I paid 15 years ago, I can't live this cheap anywhere.
Cars are all junk, anyways.
Awesome
My mother used to say, "show me who you run with and I'll show you who you are."
You can always find a way to be generous. If not with your money, then with your time.
Your Every Dollar app has changed my life. No one has an excuse for not being in control of their budget if they use that app.
Everything u said is spot on. Most people dont want to change!👍
Kissimme, Fl.. saw Dave at First Orlando Baptist Church. He teaches good stuff.
“Common sense is so rare now, it’s like having a superpower”. Yes!
This guy is a fraud, and has a massive ego
I CHANGED before there was a Dave Ramsey. You can too. We all make mistakes. The secret is to learn from those mistakes. It takes will power and not being greedy. It's like life. It's a marathon, not a sprint.
Me too! Never heard of Dave, just common sense. Paid off debt, no credit card debt for many years.
Bought a truck paid it off early this year.
Thank you God bless. Senior 68
This is one of the BEST ones yet. Simple and Direct. We all should listen to this every day.
The average car payment as of 2023 is $700! Insane!! We love Dave Ramsey in this house. His tough love approach is what helped us get mad and get out of debt for good!! Now we're raising money smart kids and we are SO EXCITED to see how much wealth they build over their lifetime :)
It just bought a brand new $33,000 car. You know what the payments are? One payment of $33,000.
Very true. I was always ambitious person but because I hung around drugs addicts I was a drug addict for a very long time until I decided to remove myself from those people and went to go and study. I am now a qualified mechanical engineer and have just completed my electrical qualifications as well but not stopping there.
I did the same. 12 years ago I quit...worked my way up and up and now I own 2 houses and one morgaged. if I can do it ..u can too...
So neat that people who had messed up lives found a way to improve! Good for you!
Technically, if you were an addict you needed to take steps to break the addiction then find, learn and consistently choose different coping mechanisms. As a brain damaged victim of criminals who dealt many illegal things, I started out going to school, working, paying my bills & saving. The violence and corruption that comes along with organized criminal activity destroys innocent lives and shreds the American justice system. Some of us don't get to just walk away.
Impressive. Way to go.
Letsss goooo!!
Thank you Dave for not making people who don't have a budget, job, etc feel dumb. Thank you for simple, non-intimidating ways to make smart money choices.
You're not being sarcastic right, otherwise I agree with you.
I'm still at a crossroads deciding if to invest $400k on my stock portfolio. what’s the best way to take advantage of the market?
If you don't understands strategies to invest in the market, seek a Financial advisor to guide you so you won't get burnt by your emotions because it's a very volatile market
I needed a good boost to help my dwindling stock portfolio stay afloat, hence I and came across an expert who helped a lot to grow my port-folio from $275k to approx. $850kin two years.
This is really nice. I worry that I have a couple more years before retirement, and I want to switch to using a financial advisor, I could really use the expertise of this advsors.
My financial advisor is *Sharon Louise Count* I found her on a CNBC interview where she was featured and I reached out to her afterwards.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
GREAT MOTIVATIONAL SPEECH!!!
Only started listening to Dave in the past year. Started paying myself first 30 years ago. Dave knows. I made my nest egg simply from paying myself every payday and not always having the latest and greatest new Apple product or car.
You don’t need to !!
I am starting this program. I hope to be successful because I want to stop being a slave to debt...
"I'm positive it's going to rain!" 😅 love that quote!
Not the first time I watched this video. Will not be the last. Thank you very much again for your instruction.
“”Money will not make u happy. It will make you more of what you already are.” What if I think I’m a pretty good person, trying to live a decent like with a wife and raising 2 kids?
Dave did so much good for many people just by preaching common sense over and over again 👍🏻👍🏻👍🏻
I realized that the secret to making a million is making better investment. I always tell myself you don't need that new Car or that vacation just yet and that mindset helps me make more money investing. For example last year I invested 70k in blue chip stocks and crypto, with the help of my advisor ‘TERESA JENSEN WHITE’ and made about 380k, but guess what? I put it back and traded with her again and now I'm rounding up close to a million. Delayed gratification always pays off
Indeed, quite repetitive but most of us need that in order to get it drilled through our skulls into actual practice.
He literally got everything He learned from the Bible
@@bobbieschendel3144 because truth & common sense is eternal
@@danieldpa8484 Well God is the author
The 4th rule saved me. My company shut down after 55 years of existence because of covid. Saved for one year worth of emergency funds and now it's Raining. Unemployed and being older is making it harder to land a new job but without the savings I would be under the 405 fwy bridge. Always assume you will lose your job and prepare accordingly.
I have been laid off a few times due to no fault of my own, worked hard to build savings, now I can pay off my house, but I am hesitant as the large savings is a comfort blanket.
Biggest benefit to me financial strength was creating a budget, got married and it was a battle with my wife for her to be on one. Finally broke her down and she was amazed at how much better her finances were. Such a simple thing that has such a strong benefit.
Being married 4y now, and still struggling with her about writing a baby steps budget. .. someday..
You finally started working as a team would've been a better statement, instead of you broke her down.
don't blame it on the wife
I have no idea why anyone would get married to someone who has different financial goals than you. The largest cause for divorce is money arguments.
@@KevinNordstrom Yeah right because when dating woman so many are going to be so willing to have an in depth discussion about their finances with you 🙄.
Those who start with some I know. But when you have income working it's hard to use this super power. I learn almost everyday more. Managing your own money is needed to get no slavery.
My parents were poor. My dad worked his tail off to make just enough. Our house is almost paid off. Credit cards are almost non existent. We have an emergency fund. We should be good for just over a month if my husband loses his job. I'm setting up another online business. We barely have any debt.
" We should be good for just over a month if my husband loses his job" . That is not good, you should have at least 3 months cushion of a job loss if not 6.
Inspirational. Thanks for connecting the dots.
Great info..
All this is common sense. Thank you sir.
One...more
Don't spend more than what you make.
did you not see him literally cutting all his credit cards??? that was one of them.
You either didn't listen or didn't comprehend.
I came across this by accident, and boy is it great advice. I knew it all, I knew it all. Yet here I am, broke with no budget and lots of debt... Thanks for the enlightening, time for a CHANGE is now...
To all you people who say it doesn't work and it is a fraud, so I'm not trying it. I can't think of anything you could do in life that would limited you more then that thinking. I'm sure you think you can't get across the street by putting one foot in front of the other then repeat that till your on the other side of road. Helplessness will lead you no where.
Love the way this video was presented! Thanks for the additional knowledge!
Well, I always budgeted, saved for a rainy day, I tipped well and donated to good causes, helped others with money, time, or things. I never owned a new car, I alway bought used and paid off early. I have one credit card for emergencies, currently 0 balance due. One debit card. Only thing I don’t do is surround myself with people. Rich people, poor people, upstanding citizens, druggies, none of them. I am too introverted. I have two very good friends since I was seventeen. Both are very extroverted. They are the only reason I leave the house if I’m honest. One helps me to push myself out of my comfort zone the other helps me interact with people. So I hit four of your five and I am working on including more people in my life.
Here is the ONE thing to never forget : GET OUT OF DEBT
And never borrow again
So true.
Great video from Dave. But let me just warn you folks out there: be careful with bots posting comments about financial advisers here, and don’t fall in their trap. If you feel you need a financial adviser to help you with your investments just look for a good fiduciary in your area and have a consultation. Alternatively you can find plenty of advisers at any of the big firms such as Fidelity Investments. Beware!
Amen to that.
Let me tell ya, I paid off everything. I listened to this man. And guess what? I’m not broke, I’m able to save and invest. It took a lot of work, but I did it.
Your advice changed my life Mr. Ramsey.
God bless and merry Christmas
awesome video and I toally agree 1000%. And yes as the saying goes, you hang around fools, you become one!
Good tips. I like generous part of the speech. Dave makes complete sense.
The sorrows are deeper and the joys are higher! Don’t dull any of it.
Something big happened to me.
Long term severe Lyme Disease. It decimated my life.
Lost my health, joints, nervous system, my carreer.
No insuranced- based therapy for this disease atthat stage. I went through 85K of my saved money while trying to kill off the pathogens.
Was in level 7-10+ pain for 3 straight years.
I was ready for God to take me.
So I truly believe in his rule save your money.
I would be almost 100K in debt now.
I recovered enough
to have a life.
I help others now and its the only way to live and make peace with what happened to me.
I earn some disability and I work as much as i can manage which is about 15 hours a week.
Im grateful for my life