I'm 22, How Do I Become Wealthy?
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- Опубликовано: 10 ноя 2020
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I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I'm new at this, please how can I reach her?
Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family
Becoming rich is never easy. I've tried and failed but never gave up. l've saved up some money and now I am back again but not to do it all by myself this time. I will appreciate any nice person sharing useful/good advice.
One crucial piece of advice I'd like to offer is to always have a solid investment plan in place. This includes setting clear financial goals, understanding your risk tolerance, and diversifying your portfolio.
investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals, have someone guide you.
@@VitaliiSych I'm interested in having someone guide me as that was my last mistake but just don't know who.
@@BarbaraRichstone Kristin Amy Rose is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment.
Wishing you all the best ! 🚀
@@VitaliiSych it was quite a straight forward process finding her on google. I appreciate your kindness.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time .This comment serves as motivation for all those who have invested and continue to invest in cryptocurrencies with so many losses, do not give up, cryptocurrencies can change your life. Do your best to connect with the right people and you will surely see changes.
As a beginner what do I need to do? How can I invest, on which platform? If you know any please share.
Antonio Alex is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Yeah Alex Antonio signals and prediction is awesome actually i was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
I started working with Antonio Alex back in June, and my financial goals have never been clearer. It’s like having a strategic partner for my money with a solid track record.
Mind if I ask you to recommend how to reach this particular coach you using their service?
I paid off $40k in student loans over the course of a year and a half. I put every single penny toward it since graduation. Tomorrow I get my first paycheck that I actually get to keep. It’s a crazy feeling.
That's honestly impressive. 40k in in 1.5 years is wild for most. Ggs.
Congratulations 🎉
The fact that you’re asking that question so early shows that you’ll be wealthy one day. Keep at it.
Agreed. If you're even thinking about it you're already on the right track
Yes!
Depends on future trends with the economy.
@@ilovesasukeandleto buy the dip
@@ilovesasukeandleto time in the market, and a in demand job skill. Combo for success.
I’m 8 months old how do I become financially independent
Rice and beans beans and rice
It's time for you to move out of your parents house
Sell the car!
mashed-up rice and beans
Don’t have kids too expensive
1) Live on less than you make
2) Continue to seek knowledge and learn
3) See rule number 1
Amen Ms. Bee
I often listen to people who say they've done that, however they never put great margin between income and expenses and they never put knowledge to use by taking necessary action to get rid of their debts and consistently invest in higher growth options over the years. So, they have not accumulated much to care for themselves in their latter years and to be able to give abundantly and consistently to help others.
That won’t get you wealthy unless you invest what you save, and invest well.
@@JP-dz7zu it works Everytime
@@JP-dz7zu invest in what?
Dave is so inspiring ❤️. Because of him, I no longer have only $20 in my bank account and no longer in debt. I’m 21 and a full time student. I work a 7-4 Monday - Friday job and play in a mariachi every weekend for extra income. Steadily, I’ve managed to save about $6000, which isn’t much, but I’ve really come a long way these past couple of months- all thanks to Mr. Dave Ramsey of course! I’m so thankful for him and his crew. I finally feel like I’m headed somewhere in life. So thank you from the bottom of my heart! ❤️❤️
You are on your way to great wealth! You know more at 21 than most 50 year olds!
Very good.
At first I thought you were going to advertise a financial RUclips channel or leave a name/number of a money genius like half the people here.
@@blackworldtraveler3711 you mean Mary Smith? She is almost as good as John Dough. I made millions trading FCOJ. I tried pork belly s, but with the war on bacon........
@@justinacase2623
You got it.
@@blackworldtraveler3711 LoL, next stop my seminars! It's a cross between a Amway meeting and faith healing, a love offering is required.
18K. No wonder why some people just stay in unemployment.
Well it wasn't planned...and they owed him the money...but I don't recall Dave advising him what to do with the money.
They stay unemployed losing credibility and people step over them taking his place like in any other recession.
@@giveme10feet He told him to hold onto it until after graduation, to ensure he has the means to get through college...kinda like a safety net.
@@dylanlyons6 Dave does talk abt investing in yourself sometimes. And his education is more important than any other investment right now.
18k is nothing tbh. I been working through pandemic and I'm 22...
I’d do what my bro did at 20, invest, be frugal frugal frugal, and got rid of Instagram off his phone. Gets rid of seeing our peers our age with high end watches and bags takes away a lot of pressure, especially if you’re a spender.
and then what happened?
.... so he is now a millionaire m..
@I. S How is it hard to believe that someone took up investing, deleted instagram and became frugal? All of those are easy to do and many people in our generation are doing it thankfully.
Excellent advice.. As someone nearly 40 (and doing quite well), i admit i do wish i'd followed similar advice years ago. Start young and start slowly/steadily and stick to it. The reason i feel like avoiding social media (or at least limiting it to a bare minimum) is ideal, is because it can affect your mental health as well as create "comparison-itis" ...
"get rid of instagram" me who makes money off running Instagram pages "hmmmm"
The fact that he’s majoring in finance, and he’s asking how to be wealthy is evident to how the school system pushes individuals to be great employees, instead of achieving financial freedom.
There is nothing wrong with working for someone. Financial freedom can be achieved by working at 100k a year job if you are good with personal finance.
They don’t really teach personal finance when you’re a finance major. There’s classes you can take specifically on personal finance, but there’s no major requirements for it because major isn’t typically catering towards that. Personally, you definitely get a good understand of how money works from a perspective, and have learned how loans work from physically scheduling them, to how powerful interest it, insight on how banks operate, but yeah we don’t really learn personal finance. It’s like every school jus expects you to learn on that on your own… after all a lot of them require people to take a lot of student loans out
@@Keirosqeen how though
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🙏
It's a miracle and I would testify, $110,000
every 4 weeks! I now have a big mansion and can now afford anything and also support God's work and the church.
I have made more than 90K USD God bless Lucy Mary Liam God bless United Kingdom 🇬🇧
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself
Thank you Lucy Mary Liam $45,000 weekly Profit regardless of how bad it gets on the economy.
I love the mindset already most 22 year olds are not asking that question
EXAAAAACTLY!!
I surely wasn't. He is wise
21 here 🙃
I'm 22, debt free, biochemist, living in Ireland... what should I do??
@Joseph Allen
Yeah part of the rat race is eagerly waiting for Friday every Monday morning.
Like my older cousin use to tell me when I was in my early 20's, which motivated me to save up. "If, you don't have at least $10,000 in your bank account and $10,000 in your savings/stashed away...You're going to be in trouble because life is unpredictable and you need something to fall back on. Don't ever get comfortable, keep on grinding". Now, I have something nice saved up!
That's a lot of money not invested tho
Now I'm 20.I am doing business and become wealthy and rich.I will success my life in little age
$10k 😆. Need a little more than that.
@@tybays You need loan?
@@tybays Keyword AT LEAST, sound like you don't even have 10k now Lol
In high school I had a credit card before my friends had a debit card. I was young and stupid and max them out. Paid the price when it came to paying all them off at the same time. Spent the next decade only spending what I had. 30 now with zero debt, overly blessed with my salary and still live as if I’m only making ends meet. Money is nice but doesn’t make you any happier. I wasn’t taught financial literacy but I’m grateful for people like Dave who educate and care about ones financial journey.
@@blackworldtraveler3711 that’s awesome man. I love to spend money, I’m by no means super frugal. I just don’t care about money. It’s comes and goes. I can be happy with just enough or millions.
160K is a blessing and in Europe thats upper class/ elite level. Most people get 30-40K a year.
@@SimonSaysyo do you mind me asking your job?
@@Jake-gp4jf I own and operate a Budget franchise.
@@SimonSaysyo me
Easy. Don't simp away your money like most guys did at his age.
@vincentrich - Banned But Not Forgotten Depreciating asset just like a car.
D A I L Y W E B E A R N . C O M helped me finance my business
wait, so buying 100k worth of Belle Delphine's bath water wasnt a smart choice?
dang =(
probably already too late
No simpin' permitted!!! Coach Gang
The formula is fairly simple:
1. Get a job that you enjoy. Making lots of money doesn't mean anything if you are miserable.
2. Pay yourself first.
3. Live within your means.
4. Don't be bedazzled by shiny things.
5. Don't overspend on depreciating assets (cars, boats, etc)
6. Learn about compound interest. It is like fire, it can be of great benefit and it can destroy.
The lesson this guy just learned is: don't work, go on unemployment and max it out, let your family pay for every thing else.... and you can find yourself sitting on 18 K!
Regarding a job that you enjoy:
Once you get your savings/investments/budget system up and running there's really not a lot to do with it, maybe an hour a week to keep everything in track, and you will be doing that for a looong time. This means that if you have the attitude of grinding your way through it you are going to be not a very enjoyable person, to yourself or others. For such a long game it pays to have something you can keep, hence work and hobbies/interests that you enjoy. This helps you to enjoy the journey and stick with it, which is important for a 20-30 year goal. If you think you will hustle and grind for 30 years ... good luck.
When I was building wealth on a low income, having work that I enjoyed, friends, social activities, and regular hobbies that I was learning gave me something to look forward to every week. I could sustain that indefinitely. Once I got my habits in place, there was really nothing to do but transfer money on payday (5min max) and I knew everything was taken care of and I needed something else to do with my time apart from manage money. When I decided to tighten the belt even more and make faster process I dropped a lot of those things and didn't sustain it.
So sometimes going a bit slower but with something you can keep up and sustain is the better option. And that is the role of doing things you enjoy, including work.
@@thecurrentmoment Thanks you so much for your words, you don't know how much it means to me
The most mediocre boomer fukn advice I’ve seen yet. Wow imagine not buying boats or cars? No stories to tell when you grow old.
Boomers just need to be buried
Best advice, no matter your situation, is to be intentional with your money. Know what your money goes to, why, and if it benefits you.
or the people that truly want the best for you*
Wow... this is perfect.
I was concerned so much about my money lol 😂 when I started forex trading with Mrs Evelyn Gray now look at myself enjoying my profits weekly.😌
@@hallampreston853 how??? How???
I love that episode.
Im 22 and made 144k this year. I live at home and am finishing my MBA degree debt-free. I also am trying to build wealth. I know if I start early I will be set. Knowledge is power.
Dufuq do you live and your job? 144k doing what?
@@yme3267 Selling real estate :)
@@codymhurst Can you help me,? I'm a new real estate agent and looking for a mentor. Thanks!
Try moving out of your parents house first and pay off your $140k debt little by little.
@@codymhursttryna mentor a brotha? I need to do something like real estate
''There's no shortcut to a place worth going''.
I’m 37 and always been an advocate of investing since it has paid off handsomely since I delved into it. At least my retirement doesn’t look as bleak as it did a year ago.
A friend of mine tried to talk me out of investing because of the dangers. How true is this Chandler?
@@alexpavarde8698 I know that learning the ins and outs of investing is not for everyone. Personally, I trust Levi Clemans. You can reach him through his mail
Clemans has absolutely changed the game I don’t know if this was meant to be, but coming across comments here, getting paid today for the month’s trading cycle 🙏🙏 Is the premium service here to stay permanently?
@@Diyavarma843 Please is he taking new investors I’m interested in starting to build my life
@@margarettasanjay2718 sure, he is!
Dave, I’m 22 & $2000 away from being debt free, work full time just got a new job >$62,000 per year. I cash flow my school BSBA with a specialization in finance. I graduate June 2022. I want to take a year off after I finish my BS & then cash flow my MBA. I’m still working on my emergency fund. I live in a really expensive city and use your every dollar app. I have no kids but I have a dog he costs me about $200 a month but I love him.
I am 20.
I also have a dog,he costs me about $100 a month but I love him
I wish I could go back to when I was a late teen and early twenties. I wasted so much freaking money on stupid stuff.
I was taught that you absolutely need credit. Open cards, get loans, blah blah blah. Well that disaster led to bankruptcy at 25.
I can only imagine if I just saved that money.
an expensive lesson my friend. we all go through some nonsense at some point. The good part is that you learned from it!
The bad news is you had a bankruptcy. The good news is you had a bankruptcy that gave you a lot of wisdom so you never make the same mistake and can pass on your knowledge to other people.
I’m glad that started when I was in my mid twenties best decision I ever made 😁
I spent all my money on drugs and partying back then. Wish I could remember but I’m sure it was fun. 🤣
I know what you mean. We all go through something stupid and make dumb decisions at a young age. I was told the same. You need credit blah blah. I received 41k when I was 18 because my father died when I was young and it was from social security. I blew through that money in 3 months and boy did I have a lot of “friends.” If I would have invested that money in a broad market index fund and forgotten about it until now, that money would be worth around 200k and that’s without contributing toward the investment fund. Hard lesson to learn for sure. But eventually I got intentional like Chris and Ramsey talk about. My wife have budgeted every red cent for a long time and have lived almost like we are poor. We have been saving for 10 years with a 600k net worth now. We will be millionaires hopefully by 42 and retire by 45 all because we made the decision to be intentional and live well below our means. You and everyone else can do the same.
I started listening to Dave at 19, forever thankful!
$18k sitting at home 🤦♂️. Well at least he’s being responsible with the money...
People received more than twice their normal pay while other people kept working during peak corona. I know of people who voluntarily cut their hours and "lose" their job to get unemployment. But the blame is really on the government for having written it that way to be exploited.
This makes me jealous knowing Im in the exact same situation as the caller except I worked 10 hour shifts and actually made less money than him
@@MollyPopper Sorry to hear that. I am also in the same situation and haven't worked since March. NYC was effed due to COVID.Z
At least he's responsible but he obviously leached it from the government. Probably has no intent to work yet he collects a 1800 dollar check a month as if he deserves it
We need to raise the min wage so people actually get up to work.
Don’t have kids until you are financially ready, save and invest some money, stay away from debt as much as possible, live as fugal as possible, find someone who has the same goals and values. Smart guy to be doing this now! I forgot to add that it’s okay to splurge/ live a little bit. If you don’t do that you will probably fail. Balance is key.
Preach!!! Proud to say i have done all of the above...a few missteps here and there, but this exact advice is absolutely how it is done!
@@EadsB7002 no one is perfect but hey good for you!! You are doing better than most people in America 🇺🇸
Me as well lol
Telling people to not have kids is not good advice. Telling people to abstain from having children until they are financially ready and stable enough to support a child, on the other hand, is good advice. Don't tell people how to live their lives at that level. That's a massive part of life that most people want to take part in.
@@TheBanjoShowOfficial you are right.
I have the mindset. Im 20 right now and after countless videos on how to be successful I think what I need is someone to really learn off of
Read “The Millionaire Next Door” and the “Little Book of Common Sense Investing” and you’re good to go.
Graduate school and try to find a job paying at least $45k, save, invest, don't waste money on new cars, games, and girls! Get married to a woman that is wealth building like-minded like yourself. Avoid child-support/alimony and just make sure you two are on the same page, it's usually bad relationships that ruin men. Don't marry for looks whatever you do! And don't forget to Tithe!
I’m 15 watching this guy learning
Budget and write down every expense
Invest 25% of income
Successful people don't become that way overnight. What 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
You are right, to be a successful person in life require him or her of hard work and time
It's obvious everyone is doing this online Investment
@@ramadhanipongela1360I totally agree with you it has been an eye-opening experience for a lot of people.
Investment is the key to achieving success with the current pandemic slowing down so many businesses aww
Talking about been successful. I know I am blessed if not I wouldn't have met someone is as spectacular as Stacy Griffin
I love it , I’m not there yet but the best part is im debt free ... started college at 24 made me look stupid to family & friends but turnt out to be the best because I entered college knowledgeable, Im paying my self thru college , payment plans each semester was the BEST IDEA that could happen for college yet not to many people use it.
What I've learned in 2 years of marriage,, regardless of your spouse if you get married. Create a road map for everything you both wanna do. In the road map create a way to either increase or platue your finances based on what you want to do. Don't plan without thinking and don't spend without a road map to help alleviate your debt. As an example going to an out of state mall, we plan to spend x amount of money, and we either setup a stand to pay for the trip or we cut something out of our lives to pay for it. Just wanted to share.
Ryan, you need to put money back for when your wife comes home with divorce papers.
Wealthy people keep their status by making productive moves like buying assets and investing passively but personally I recommend you do a background check up on your source before you invest, Ensure you are investing through a solid foundation source to avoid blowing your money away
Making money is a lot easier through investment because investing often leads to favorable outcomes,the only reason you should save money is to invest wisely
@Kevin Kenneth i have lost investing with numerous rigid traders on here,I’m still trading and learning to improve my technique but in the end i need to establish a more reliable source to passive income through
@@solemlyn149 through my years of trading and research the most valuable insight was getting in touch with pro trader Wilson and getting to earn massively through her,she is a licensed broker,contact her i trust she’ll help you earn
Ellenwilson020@gmailcom,Tele gram Ellenwilson020
@@laisonherberts6107 this is a refreshing coincidence,I invest and earn through Wilson as well, usually I don’t leave comments but seeing you speak good of her on here has increased my trust for her
I started listening to Dave maybe a year ago , I now started saving and getting rid of all my debts. 10 K in savings account now 💪🏻
That’s great. Now look into putting some of that money in a Roth IRA. Preferably with Fidelity Go. They manage your money through robo advice. Look it up and tell me what you think.
@@Alistando3712 yessir, thank you. That is on my list for sure. What do you think about Charles Schwab ?
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@@richardsoncuthel810 Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@@sebastianspiegler5801 I need this tonight Is there any chance you could recommend who you work with? I am Working two jobs- trying to save to get my parents and I into a house. I am worn all the way out. It does not have to be this way.
@@taylorcoggan2054 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
first time I watched Dave Ramsey was in July, fast forward to today I have 10 000 Ef, 12000 in money market accounts, got my first real job (without a degree) earning 70 000 a year, and I own a small side business. Ive lost many friends, I do not go out anymore, and I am as happy as I ever been.
-23 year old, living in a 3rd world country, gonna be buying my first house in cash in 4 years
If you don’t mind me asking, what job are you working without a degree making 70k because I am 25 working 2 jobs and need sustainable income. I just need direction and school doesn’t seem like a great option for me right now.
@@brianthornton8781 call center and I own a small business
Well spoken gentlemen.
Yeah I hear things on ads that talk about getting rich quick but they’re exactly right. It takes discipline and temporary discomfort
He’s way ahead of the curve. Keep it up!
His parents paid cash for college, he’s been stacking 18k in unemployment. His question is how can I make more money.
Yea, way ahead of the curve 😂
Muscle is built by pain but not by comfort made me smile
Thanks Dave I turn 22 in 6 months!! Im.going. be ahead now
I’m not in Dave Ramsey’s shoes yet but I’m young and on my way. The road to wealth is consistency in your habits. What habits? Depends on which multi-millionaire you’re studying. Kiyosaki vs Ramsey. Totally different methods. Both work.
Your show Dave is absolutly life changing.. Thank you for being here
I’m 22 too and I just discovered Dave Ramsey and I had the same exact question as a current accounting student
Invest 250 or at least 100 until you can do more into mutual funds with low expense ratio like vti , or fxiax ... you can buy these funds in your roth ira ... learn how to value stocks and buy great undervalued stocks when market pull back ... watch our rich jouney they retired at 39
Watch youtube videos on FIRE movement and read the comment sections , if you have a job that matches your contributions at least put enough to get the match
You need any help,i will help you definitely
I am 20.i am doing business
It’s a great question. It may be a general question, but it’s something we all ask or think.
I’m also 22. Homeowner and almost out of student loan debt. Very very close. I don’t know how to invest, but I want to get into that and what to better my future.
Think of it this way. $18,400 a year at 12%, $20,500 a year at 10%, or $23,500 at 8% each for 17 years is a million dollars. That in itself is a livable wage of $60000 a year with modest investing further. 23 years old to age 40 is 17 years. That's the key for any college grad.
I put 23500 at 8% for 17 years it say you will have 87k at the end in an investment calculator?
Your numbers are really off... but investing and saving is no doubt the best way to build wealth :)
@@Andy-lr8qp no no. Adding $23500 additional dollars each year. At an 8% interest rate for 17 years. And I got that wrong It would be $18000 at 12%, $22000 at 10% or $27,000 at 8%
@@tysonkrehnke2835 oh I see now thank you
I am also debt free❤️❤️❤️.thanks dad and mom.
You can reach out to Charlotte to get started 👇
+1 (4 7 8) 2 1 0-5 8 4 5
I’m so onto this!!!
U look 30 but I bet u
You guys keep me going !
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
Please can you leave the info of your investment advisor here? I’m in dire need for one.
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
Lmao i can tell the bots by reading the first line
I’m 19 pursuing my masters in finance and I want to know how to get wealthy. I’m knowledgeable but I love to listen to the advice of others as well and gain as much perspective and knowledge as I can.
I would recomend listening to Dave, reading his books, and sticking to his baby steps.
Rich Dad, Poor Dad is also a good book to read.
Buy assests instead of liabilities.
Work to keep expenses low and keep working to increase your income.
Sounds like you are headed in the right direction.
W . H . A . T. . S. A . P. . P.
+ 1 2. 1. 0. 5. 5. 6. 0. 7. 4. 2
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
Yeah! I agree with you sir.
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
That's very correct sir!!
And that is why most of them end up losing they m o n e y to
s c a m m e r s.
People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.
Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.
Wow he got 18k doing nothing , no wonder most didn’t go back to work 😂
ya know it
We need more stimulus checks.
He obviously had a job so he worked for it beforehand. We are extremely underpaid anyway.
lol is it possible to get money without doing nothing?
@@cautarepvp2079 yeah
I’m at the end of my freshman college year and I started watching Dave about a week ago, I hope I watch and continue to use his values through when I graduate I’m interested to see where I get.
I’m 15 and watching this I think I’m on the right track
For assistance 👇
+1 (4 7 8) 2 1 0-5 8 4 5
Just trust your process, simple as that!
Love The Dave Ramsey Show!!!
Hope Everyone Having a Good Day ❤️. Peace n Love☮️
Wealth is a mindset, being secure is another thing. See so many people searching for quick riches. Focus on changing your lifestyle. Make sure you have own home and pay off as quickly as possible to make sure your kids have something to build on. Be striving for more but don't over reach and risk your own security
Caller: My girlfriend is cheating on me in my car.
Dave: Sell the car, problem solved
(I'm just messing around, love your podcast & values on finance)
No. He would first ask how much income he makes and how much debt does he have not including his home lol
🤣🤣🤣
He would say sell the girlfriend and the car
He's a finance senior and he's asking this question? As a finance senior myself he's either not a senior studying finance at a university or he hasn't been going to class 😂
He hasn't been going to class, he seemed like he was being honest in my opinion. I completely agree with you though lol third-year finance students should literally be able to build themselves a decent portfolio. Maybe he just wanted to hear what Dave had to say.
Textbooks aren’t exactly answering the question directly but he should atleast be able to know how to budget
Great questions from a 22 year old. Already on the right track. Just need to keep it in their thoughts as they go through from job to job, place to place, always trying to build wealth.
Bless his mom ❤️
*On a normal trading leverage, I still manage to earn $32,000 weekly from my investment of $3,500, wow I can’t wait for bull run to hit the crypto market so I could make more ..God bless expert Mrs Angela Mae*
Same here, I started with $13,000 now earning $128,300 bi-weekly profits with her trading program. She’s really amazing i still cannot believe someone can be this exceptional when it comes to Bitcoin activities.
She’s a great personality in the state 🇺🇸 I countlessly share my experience with co-workers at work, on how I made $23,000 from $2,000 in 14 days of trading
With the profits I made from Mrs Angela I started a trading account for my 3 sons with $3,000 each, last week was the second time she’s seeding payments to their bitcoin wallet. God bless her ❤️
$21,000 in just two weeks..Expert Angela Mae you are so amazing.
Hearing about that millionaire working at Dave's show keeps me motivated to stay on this plan. It has been working so far and I won't sway off. 😊
Many millionaires where I worked including myself and a few neighbors.
Most people have no clue that they are because they just live care free without flaunting it.
Straight out of the book "The Millionaire Next Door."
Actually the first millionaire I've ever met when on my own was a high school janitor I worked with while going to aerospace school.
The thing you have to remember is wealth doesn’t accumulate overnight. Wealth builds over a long period of time. Unless you get super lucky and win the lottery.
Finally the video I have been waiting for. I am a college freshman but I am on track to graduate debt free and want to know the steps from here
You can read his book. I read it when I graduated college and I will admit it is mostly for people who are already in q financial mess but I still got some good pointers out of it.
Start investing in good mutual funds now or index funds and dont tinker with the investments. Only look at them to add more money.
@@israelruiz8706 @edward powley yeah its mostly for people who are already in debt but the 7 baby steps are actually really good simple rules to follow if you need a set of direct instructions. i would just look at his steps and go from there wherever you are at. I personally started at step 3 because I've never had debt. (I'm also a college student)
@@Noremac2310 im at two because I graduated with 32k of student loans but I just need 13k to finish off
Hey Edward, if you have Facebook, you should join the Dave Ramsey baby steppers page. Tons of people that are on all the different steps that offer advice and stuff to each other
I’m 19 years old. These videos are extremely useful.
Well done sir, some of the most important keys to success are always living well below your means and out working all those around you.
Thank u Dave see u at the top
I work $10 intern job and we didn’t get laid off since it was considered essential work, so I made that much an hour and wish I made $18k not working
Sorry, politicians don’t work and don’t live lives like you or I so giving more money for people who don’t work versus who do makes sense to them.
Keep going, everyone! I had debt and basically nothing in my bank account when I started my financial improvement journey and now about to start Baby Step 4. Commitment does pay off!
1 regret I have in my life is not asking myself these type of questions on how to become wealthy in my teens . I’ve learned everything in my own through many mistakes trial and errors . They say money is not everything or at all important, yet we find ourselves working for it . In my opinion money gives you more time to do the things you really want to do , you don’t need millions to live a peaceful and financial free life , just need to manage your money well enough to make it work for you . In my opinion 👍🏻 thanks Dave for your videos ❤️
do what you good at and do your best at it
Great advice 👏🏽👏🏽✨✨
Building wealth is easy, it just takes time. All you need to do is spend less than you earn, and save/invest the rest.
Loved this video Dave!
At 22 I had just graduated college with a bachelors of science from a private university, not a dime to my name in 08. $80k student loan debt and rising to start me off on the right foot. Jobs were scarce in 2008 and it didn’t get better till around 2012. Took 12 years of working up the ladder at jobs completely unrelated to my major to pay off the loans. Maybe by 35 I’ll be able to afford a 20% down payment on a home haha
What type of jobs did you work? Did your degree help you find jobs or do you regret doing it
It takes patience most of all, you must never get complacent.
"I'm 22, How do I become wealthy"
$1 dollar at a time son
I started investing and taking personal finance seriously at 21, my god how I wish I started sooner, I can't ever look back after going into this new world & mindset
4:08 good analogy for wealth creation
I’m 21 and I am trying to be a 911 dispatcher which only requires a high school diploma, I wish I would’ve known this earlier, I have zero debt as well and I’m glad I found Dave before I had the chance to get into a disaster!
@@Ale-rx7bz thanks bro, I was stupid and decided to be an exercise major and am finishing that up, I was thinking about physical therapist school but after I found Dave I don’t want to anymore because I’d have to take out like 90K student loans. So I’m looking if there’s decent jobs I could get without a degree
@@Ale-rx7bz You have to be in a special PT assistant program to do it, I don't think I would be a good personal trainer and I think you have to get licensed for that also
@@Ale-rx7bz I will bro thank you
TJ, very doable! Keep in mind some places pay very well, while others it's ten bucks an hour. Not sure of your age, but go to your local 911 dispatch and apply as a trainee. If they say no, go to the next one nearest you. Willingness and ambition win out in any job.
@@justinacase2623 Yeah bro! I didn't get hired to the one I applied to! I was disappointed but after I graduate I can apply again and try to make myself more likely to be hired. I like medical stuff so I might try to become an associate degree Registered nurse also after i graduate
I’m 22 and going through the exact same thoughts right now. I’m Canadian but still enjoy the content. So happy someone asked this question.
Eh?
@@justinacase2623 sorry?
@@cryptonewton2400 scammer
The BIGGEST mistake I made in my 20s was that I didn't work enough. I had many jobs but didn't continuously go from one to the next. The downtime in between kept leaving me broke. You need to keep a job at all times and when you switch, it needs to make u happier or more money but you can't have days off in between. This was easily my biggest learning lesson.
Hi, I’m just a normal bloke trying to help people, I’m not here to sell you anything or push you into anything.
I’m simply here to help people, if you would like to earn an extra financial income for very little effort I may be able to help. Its not a get rich quick scheme, ponzi, pyramid scheme or MLM.
All I ask is that you watch a video for 20 minutes and if you’re interested, let me know and we can go from there. Thanks for your time.
You've got your whole life to work. I wouldn't worry about it. Just dont do it now
Great job, Dave. Let’s go!💪
Like Dave says, your income is the best tool that you have for building wealth. Get off unemployment and get out there into the workforce. Not only will the pay be better but you'll also build experience and grow your network. Neither of those things happen sitting at home collecting a check. Also, plan to move out of the house shortly after graduation. There's no motivator and growth catalyst like needing to cover your own rent and utilities. I'd rather have a bit less money in the bank and already be out on my own (in fact that's what I did in my early 20s) than have a bigger bank account balance while acting like I'm still a kid living under my mom's roof. In short, go out there and get it!
Yes. This is so true. I am on my own for about a year now and I think about money different because I have to maintain on my own.
The pay sucks balls. Why do you think everyone gets on unemployment? Because it literally pays better than all these low wage, crap jobs for doing absolutely nothing!!
Start a business, invest in stocks, in réal estate. Sell the business and enjoy the money.
Did you do this ?
@@kevinkidneyy no he didn't. He's like most us. Giving great info but not executing for ourselves.
@@alexjones28 I’ve tried this it went a little like this,
start a business the business fails
invest in stocks the stocks go down and lose all your money
Haven’t got enough money for real estate
@@Kaiyats Any advice from your experience??
@@FR-uf1kg well I’m only 18 so hardly experienced
Its simple, live below your means and stay out of debt to free up your income to invest. Compound interest over time will get you there. The more income you can free up the faster you can become wealthy aka the fire movement.
If only every high school student could read this paragraph. Well put man.
I’m trying to teach my bf’s kid brothers this, sadly only the youngest of the 2 10yr olds have been very attentive and eager to learn this stuff from me. So I wonder how much money he will be gettin starting this early. 😆
More or less. Over Working is for suckers.
I'm in similar position as caller, any tips to where I can learn more about compound interest?
@@anthonyjames4319
Most won't listen or even acknowledge this.. Parents should have planted that seed long before high school.
Loved the muscle reference amazing facts
He is so smart for saving that money. I, like many, blew through it… I could’ve done something great for myself like buy land which is my dream. No point I’m regretting. I’m happy for this dude!
Hey Dave, I’m from texas. I took your financial class in highschool two years ago. I’m 19 years old, I work for the biggest loan company in America. I’m getting my degree in business administration. I just wanted to say thank you for the information.
might i ask how did you get into your career? how much does it pay what’s ur plan investing etc?
I don't know who really needs to hear this, you've got stop saving money. Invest some part of it, if you really want financial freedom.
If you don't have the means to multiply money, one day you will wake up to find that the money you thought you had is gone. Investment is the key.
Bit:coin is the future, investing in it now will be the wisest thing to do
Indeed its very profitable!
Mr Christopher George will be recommended based on his trading strategy and skills, his services are top notch
Wow, so surprised you mentioned and recommended Christopher George, I thought people don't know him, he's really good at what he does
If you are focused on it at 22, becoming rich is pretty simple. Investing into the growth type funds Dave recommends, and targetting 15-20k a year and you will be there very soon. Even on low income, do 10k a year and live cheap for 10 or 15 years, then let that money sit another 20 years and you will still have a ton of money at 50 or 60. Note, I didnt do this because I wasnt focussed and bought too much house (and a new car), so it set me behind. I will still get there, just not as early as otherwise. Regardless, if it is your goal and you are focused at age 22, you absolutely will get there if you invest your money
When we went to a financial planner in the beginning of my career (debt free paid for by Asian parents 7kids) he told us to stop putting money for our daughter’s 529 (our retirement savings is on track) we did not listen and kept putting away money so was debt free and still thanks us to this day.
As a 21 year old, I think of this every single day living in poverty rn.. god be with me
How are you doing now?