52 this year. Just diagnosed with cancer on Christmas eve. But surgery and much prayer has given me a new lease on life. THE FIRE IS LIT!! For the first time in my life the wife and I are on the same page financially. And with God and Dave's help we are moving like a run away train toward financial freedom.
"If your broke friends arent making fun of you, youre doing it wrong." My favorite quote, when I sold my 2016 Tacoma that had me $30k in debt and bought a cheap car in cash, my broke friends thought it was hilarious! But now im debt free and with my savings building up, soon ill be the one laughing! :)
My husband and I drive around in 10 year old cars (paid off) last year we paid off our mortgage...turned around bought another house rented out the paid off house..... We do not have to pay anything for our new mortgage.......but our plan is to pay it off in five years so that we can receive that rental money as income......
"you're not even there yet and you're breathing easier." I love that. It really illustrates how being debt free and having an emergency fund can totally change your life.
Dave, I'm so glad I found you before I ended up like some of your callers. My wife and I are about 20,000$ in debt and combined we only make 35ish. But our rent is only 400$! We just started Monday and our emergency fund already has 550$ and if all goes to plan, we should be debt free in two years!
Friend, I make 35 and I made a goal to pay my 21k in debt by the end of this year. My annual expenses are 15,6 so if I put in overtime every single day, live on beans and rice, and get SUPER intentional, I WILL have my mess cleaned up by 2021, no selling required. Just a boatload of hard work and a healthy dose of self control. Turns out, you can make a LOT of great meals with rice, beans, or pasta!
The parking lot at work is full of big trucks driven by workmates who get nervous if there isn't any overtime everyday. I drive a paid for small car and i will be retiring soon.
telecasterbear the American obsession with 50k trucks is something that worries me. I cannot get my head around why someone who isn’t hauling anything heavy or isn’t going off-road.
The whole point of wealth for me is freedom. My magic number in my mind is $5 million needed at 65 to not worry about anything and i am halfway there. Since i am closing in on retirement, i am searching for an aggressive strategy to boost my Roth accounts and maximize the tax-free profits.
Financial Advisory... Many won't tell you this but that's your surest and safest bet since most alternative investments have greater earnings potential but more risk, too.
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 feel SO AWFUL for being so mindless with money in these past 25-years. I lived without budgeting.. I lived in late-fees and overdraft city... I took out student loans to go to classes, and never did achieve getting that degree... Also, a few years ago, I drew out what little 401k savings I did have.. To think, if I had saved for all of these years Ive been working, I could be RETIRING soon!! ... (I take FULL RESPONSIBILITY for what I've done, and not done)... and now, So now, age 43, I've begun my financial make-over.
Can I ask you how I'm doing relatively compared to other people my age? I'm 27, and I have 2k in investments, 1300 in emergency, and $3k in a pension plan. I had $40k in student loans, and now I'm down to $10950 at 2.7% interest in 18 months. I should be finished paying off my loans in a year. I have a negative net worth, but I started my career a little later than most because I had to take longer in university due to some learning disabilities.
5:35: “If people aren’t making fun of you, you’re probably not on track” I have had co-workers make fun of me for the car I drive for years. However, these same co-workers have recently begun asking my advice for how to run a household and get out of debt. Talk about a confidence boost when you don’t have to impress someone else with what you own.
Pawel P I wish so badly that we had to take this class in high school. :( Nope. But I am looking into Financial Peace so my new husband and I can take it and start our life out together on at least one right foot. :D
While I agree his videos are useful, they are aimed more at people who failed at money. There are other thoughts and techniques that would be more helpful for different personalities, who naturally save, to maximize their potential.
I just came across your videos on RUclips and I've been aggressively challenged on my finances .... I'm from South Africa 🇿🇦 and you've been like an online financial doctor/preacher sir. You spit the truth and you are very consistent in not embracing a lifestyle of hypocrisy.#respect
My girlfriend and I began 2024 with roughly 24k in debt. We are now around 10k and will be very close to getting out by year’s end. Absolutely changing our life, and our future. Thank you.
I'm so grateful to be debt free & have my emergency fund. We're blessed to only have our home mortgage payment left. Thanks Dave! I was doing your system without even knowing it, good common sense money management.
I came across your channel because I was looking for advice on how to buy my next car. Well, that changed. I guess I'll be paying off the 2 I have, and grow up. I just needed someone to tell me that. Great clip!
Step 1: Start saving towards an emergency fund. ($1,000). Step 2: Get rid of all your debts except your house. Step 3: Slowly build on that emergency fund to cover 3-6 months expenses in your life.
People need to more accurately define an emergency. That thousand is enough. It's not meant to be cushion money but rather a prevention of going further into debt.
@ryanthepianoman27 I only make 2,200.00 a month. If you don't go anywhere and make your food, you can get it. I just started listening again to Dave. I wish I had continued listening from the time I was younger. I plan on putting back a couple of hundred dollars every month until I have it.
That’s me. I’m 26 and completely debt free besides my mortgage. I live with my boyfriend in his house and I’m currently renting out my for almost twice the amount of my mortgage payment. My house is set to be paid off in 4 years as I make double mortgage payments and I have 10 months of emergency fund saved up. Never had a car payment, credit debt, student loans, ect. Everything except my house was bought cash! Thank you for the knowledge and wisdom uncle Dave. 🥳
I’m so glad I found Dave Ramsey. These videos are really helping me realize that I desperately want to be out of debt. I was never taught that it could be attainable. Listening to Dave’s radio show and RUclips is changing my whole mindset on money. Thank you. 😭😓😊
I've been watching for two weeks now and Dave's videos are great. I accomplished my debt goals in 2018 #1 paid off my car 22 months early #2 paid off my piece of property 7 months early. I now own all of my assets and now I'll be going after my 2 credit cards. Already, i have lifted so much stress off of my shoulders.
Financial Peace University-where would we be without it? Listening to Dave Ramsey is like a lullaby to my soul. Listening to Chris Hogan, buying his books, others never listen to me, but when I tell them about these Godly men, everyone listens. Rachel is my favorite wake up show bless her, she is so bubbly and such an instrument of God. Can you imagine how rich their hearts are? Who has ever treated you this well besides the Lord? Dedicated servants, people. These are some serious God's people here so turn up the volume and let them blast you to Paradise! Wow. God's work is full force...a true kingdom built for you, America. What a slice that never ends. (They appear like they do not sweat!)
For me the biggest mindset change came after reading the book 25 Money Secrets From Donald Trump, since reading it the only thing I think about is money
Trump and Ramsey do too. They don't want the rich to pay more in taxes. How do they think we pay for public education, roads, infrastructure etc? Maybe it has more to do with not providing food stamps and Medicaid to low income households. It's good thing he isn't in charge of the budget. The super rich can afford to pay more. Their kids can work just like everyone else.
Dave,The TRUTH hurts.I work two jobs and make about 50k a year and I'm still broke..I finally come to the conclusion that its not what you make its what,IT"S what you do with it.?I live paycheck to paycheck and that has changed.I've been listening to you on the radio on my way home from one of my jobs and The TRUTH that you are saying and it might hurt but I have to own it.I have to deal with it and know its not going away.So,THANK you for opening my eyes on the truth.
You should pay off your debt and then reinvest in more education. Someone who works as hard as you would be appreciated in many work spheres. With more education and your work ethic, you should be able to work less hours and make twice what you are currently making.
Fantastic video!!! Wish I had heard this guy 30yrs ago when I started my wealth growth plans. His empirical statement i adored was " stop pretending to be rich".
Thanks Dave!!! I like the line: "Quit acting like something you are not" For not all that glitters is NOT GOLD!! Such as flashy fleeced cars and humongous homes that eat up half or more of annual incomes.
If people think I’m poor, and I’m not, I’m okay with that. I’m okay with whatever God blesses me with, in whatever way He chooses to bless me. All of life’s toys and goodies are just blessings from God.
So true haha. My supervisor bought a fancy Escalade and a boat within one month of getting the promotion. HE asked ME if I could lend him $100 until he got paid on the 15th 😂😂😂😂😂
I took this to an even greater extent. I learned Spanish and Moved to Latin America. I spend one-third of my pension check and bank the other part. I live the life I always wanted. I eat out lunch and dinner every day, travel every three months and each month my wealth increases. I can buy anything I want, when I want and I live in a city that has 75-80 degree weather every day. The stress and drama is gone and now I wake up and decide to do anything I want.
Agree Dave is awesome. His ideas have helped me get out of 30,000 debt (still have 5,000 to go). Now, God Willing I can start to save. He is so smart and straight forward. I learn so much when I watch his videos, plus I laugh. He ha such a sense of humor. His directness is logical. I use that same direct approach when teaching students. There is no sugar coating. Love it! I can not wait to have zero credit cards and use cash. That's an ultimate goal!
I'm runnin like my hair is on fire right now. I'll be done with baby step one by the end of the year.. feels like forever BUT it will be a great start to 2018 & it will be nice complete the majority of the babysteps in 2018! More power to those who are doin the same :)
Love how relevant this video still is, especially towards the end. I thought he was referencing the 2024 election until I realized this was from EIGHT years ago
People need to pay down all debt and never get in debt again. "Cash flow" everything is the best way to live. I just made a video on this same topic. Love it!
How can you say that nonsense. Have you checked out Dave's net worth? Have you read his biography? Or just trolling as usual. Maybe his numbers are different but his advice is along the same lines what most other financially savvy people say. Except he utilizes the Scriptures to further convince some of these people that this is God's plan cause sometimes mathematically they refuse to believe it.
It's nice to hear someone other than Dr Phil, Judge Judy, or Gordon Ramsay, giving people that slap in the face that we all need with blunt, honest, real life advice.
I'm 26 and have 100grand saved and looking to buy rental property. I never had an emergency account. I just saved and tried to live poor so I had poor emergencies.
I am in the Scotland uk,I’ve had an emergency fund for around 4 years it’s the best thing I ever done.peace of mind for that unexpected bill.or extra money for that rainy day.i pay mine weekly you don’t miss it
I agree, what I do is basically create an account which I do not have a card to. Which means anytime you need to pull money from the account it will take time to pull money from the account. Putting $100 / $250 away every month goes an extremely long way. The best way to really and truly put money aside is to automate it.
I live in London and I’ve never bought a car on finance before, I always pay cash for my cars. Most expensive car I’ve used I paid cash for it $12,000 .... a lot of my friends pay car notes of between $700-850 monthly....and I know some struggle to pay it.
Emergency funds are fundamental to wealth-building! Do not start investing or doing anything else crazy with your money until you secure an emergency fund. Otherwise, you risk getting wiped out.
I would definitely put emergency money in a fund where I could get the money out in a day or two instead of a normal bank account. There, money grows by 1-5% instead of earning 0.05% interest or whatever your bank gives you. Always make more money if it's possible.
The Millionaire Next Door was a fantastic book. I love the 'Big Hat, No Cattle' analogy from the book...when European trust officers dressed to impress (themselves) meet a Texan that has twice their net worth but think he's a truck driver
Finally got my FU money account filled up. Feels good and to be honest it gives you a certain swagger at work and doing other business. I work construction so I thought having a year's worth of cash is important cause while I make good cheese it's very seasonal. And an injury early in the season might mean I don't work for a whole year. Now I plan on dumping 30percent into the 401k and using the other income I have to bankroll a business and start trying to become my own boss.
Stupid is on parade all around us! "A clown show" is exactly right dave. Everyone has become okay with, and it's definitely the norm. Lets get rich by being weird and not following what everyone else does! Do what dave does and build your wealth everyone! Love the rants dave. Changing my life for sure. Thank you
.R.I.P. and Amen to Tom Stanley and May He Rest In PeCe Forever Knowing That He, Tom Stanley, Was Loved, that He, Tom Stanley Is Loved and that He, Tom Stanley, Will Be Loved Forever, Rest In Peace and Amen To Tom Stanley, Forever ❤️🙏🕊
Love the no nonsense approach a lot of people nowadays want to look rich they buy what they cannot afford glad I am good with my finances. I am in my late 20s bought my property thanks to savings and delayed gratification. A lot of people spend more than they earn to keep up with the Jones. If you lose your job today how many months savings do you have to survive on always keep a rainy day fund.
2 cars paid for, house paid for....one last debt to pay off and we are good. Dave, God bless you man...
AnhYeuEmMaiMai69 you read his book or just watched his videos?
Congrats 🤗
You Go!!!
Done?
Congratulations
52 this year. Just diagnosed with cancer on Christmas eve. But surgery and much prayer has given me a new lease on life. THE FIRE IS LIT!! For the first time in my life the wife and I are on the same page financially. And with God and Dave's help we are moving like a run away train toward financial freedom.
That’s wonderful! God is good, keep crushing it brother...
I have a question can you go to the website hugginsappliedhealing he talks about immune recovery
Shouldn’t have a lease on life, shoulda paid cash for it
Good luck!!!!!!!!
Wishing you all the best in your recovery from cancer.
"If your broke friends arent making fun of you, youre doing it wrong." My favorite quote, when I sold my 2016 Tacoma that had me $30k in debt and bought a cheap car in cash, my broke friends thought it was hilarious! But now im debt free and with my savings building up, soon ill be the one laughing! :)
Cade Speroni You should be laughing now, not later. You are doing the right thing.
dude, the day you sold that 30k debt car is the day you started laughing.
Congratulations that's totally awesome myself I'm working on step two
I myself am trying to work on selling my 2016 Kia Sedona. I too am 30K in the whole. Any advice?
My husband and I drive around in 10 year old cars (paid off) last year we paid off our mortgage...turned around bought another house rented out the paid off house..... We do not have to pay anything for our new mortgage.......but our plan is to pay it off in five years so that we can receive that rental money as income......
"you're not even there yet and you're breathing easier." I love that. It really illustrates how being debt free and having an emergency fund can totally change your life.
Dave, I'm so glad I found you before I ended up like some of your callers. My wife and I are about 20,000$ in debt and combined we only make 35ish. But our rent is only 400$! We just started Monday and our emergency fund already has 550$ and if all goes to plan, we should be debt free in two years!
Good luck my friend
Friend, I make 35 and I made a goal to pay my 21k in debt by the end of this year. My annual expenses are 15,6 so if I put in overtime every single day, live on beans and rice, and get SUPER intentional, I WILL have my mess cleaned up by 2021, no selling required. Just a boatload of hard work and a healthy dose of self control. Turns out, you can make a LOT of great meals with rice, beans, or pasta!
So whats the update this year?
He should be debt free nown
@@garretteckhardt6665 hey man how’s it going?
The parking lot at work is full of big trucks driven by workmates who get nervous if there isn't any overtime everyday. I drive a paid for small car and i will be retiring soon.
telecasterbear I have to drive a big truck for work so I just buy them used and not worry about it. I do my own work on it as well
Telecasters are awesome guitars!!!!!!!!!
Amen to that.
You live in Tennessee?? Lol.. Or is that how it is everywhere?
telecasterbear the American obsession with 50k trucks is something that worries me. I cannot get my head around why someone who isn’t hauling anything heavy or isn’t going off-road.
"stop spending more money than you have, you're not congress" almost fell out of my seat laughing.
I love that comment Dave made, I'm putting that one in my back pocket.
He says that all the time.
Jokes that hurt... Jokes that hurt.
The whole point of wealth for me is freedom. My magic number in my mind is $5 million needed at 65 to not worry about anything and i am halfway there. Since i am closing in on retirement, i am searching for an aggressive strategy to boost my Roth accounts and maximize the tax-free profits.
Financial Advisory... Many won't tell you this but that's your surest and safest bet since most alternative investments have greater earnings potential but more risk, too.
Impressive! How can I contact this advisor? My portfolio isnt doing well, and I need guidance.
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.
Let me know when someone falls for this shit.
I feel SO AWFUL for being so mindless with money in these past 25-years. I lived without budgeting.. I lived in late-fees and overdraft city...
I took out student loans to go to classes, and never did achieve getting that degree... Also, a few years ago, I drew out what little 401k savings I did have..
To think, if I had saved for all of these years Ive been working, I could be RETIRING soon!! ... (I take FULL RESPONSIBILITY for what I've done, and not done)... and now, So now, age 43, I've begun my financial make-over.
your not alone man. I'm a FA with edward jones and far too many people do not understand
You got this my friend it's never to late to start
itsstillfriday it isn't too late, you can do it
Can I ask you how I'm doing relatively compared to other people my age? I'm 27, and I have 2k in investments, 1300 in emergency, and $3k in a pension plan. I had $40k in student loans, and now I'm down to $10950 at 2.7% interest in 18 months. I should be finished paying off my loans in a year. I have a negative net worth, but I started my career a little later than most because I had to take longer in university due to some learning disabilities.
But at least you woke up and started.
5:35: “If people aren’t making fun of you, you’re probably not on track”
I have had co-workers make fun of me for the car I drive for years. However, these same co-workers have recently begun asking my advice for how to run a household and get out of debt. Talk about a confidence boost when you don’t have to impress someone else with what you own.
Same here
This show should become a required High School/College course to take in order to graduate. Dave for president.
Pawel P I wish so badly that we had to take this class in high school. :( Nope. But I am looking into Financial Peace so my new husband and I can take it and start our life out together on at least one right foot. :D
My university does require his class to graduate. There is a test you can take to test out of it but I’m so glad I decided to just take the course!
While I agree his videos are useful, they are aimed more at people who failed at money. There are other thoughts and techniques that would be more helpful for different personalities, who naturally save, to maximize their potential.
It was in my high school literally. So glad it was
Too bad , universities wouldn't approve 😅
I just came across your videos on RUclips and I've been aggressively challenged on my finances .... I'm from South Africa 🇿🇦 and you've been like an online financial doctor/preacher sir. You spit the truth and you are very consistent in not embracing a lifestyle of hypocrisy.#respect
Same here, from Swaziland 🇸🇿.
Dave has changed my life.
Same here from South Africa. Dave has changed my mindset for the future. Thanks Dave
Same here from Ghana this is food for the soul, Powerful.
My girlfriend and I began 2024 with roughly 24k in debt. We are now around 10k and will be very close to getting out by year’s end. Absolutely changing our life, and our future. Thank you.
@@shawnchristianson324 good for you buddy! Congratulations
Consumer spending is the worst thing you can do. The highest form of entertainment is peace of mind and overall health!
Thanks for the word of wisdom
That makes a lot of sense lol
I'm so grateful to be debt free & have my emergency fund. We're blessed to only have our home mortgage payment left. Thanks Dave! I was doing your system without even knowing it, good common sense money management.
I came across your channel because I was looking for advice on how to buy my next car. Well, that changed. I guess I'll be paying off the 2 I have, and grow up. I just needed someone to tell me that. Great clip!
Stephen Carbonaro basically the same for me. I was looking at how to up my credit score and came across this dude.. haven't looked back since
Stephen Carbonaro I
Step 1: Start saving towards an emergency fund. ($1,000).
Step 2: Get rid of all your debts except your house.
Step 3: Slowly build on that emergency fund to cover 3-6 months expenses in your life.
Saving 1000 is impossible
You are right, you need more than a 1,000 you got this ,save more
People need to more accurately define an emergency. That thousand is enough. It's not meant to be cushion money but rather a prevention of going further into debt.
@ryanthepianoman27 I only make 2,200.00 a month. If you don't go anywhere and make your food, you can get it. I just started listening again to Dave. I wish I had continued listening from the time I was younger. I plan on putting back a couple of hundred dollars every month until I have it.
Love how truthful and blunt Dave is!
"People are stupid, people are broke" now this is some wisdom
That’s me. I’m 26 and completely debt free besides my mortgage. I live with my boyfriend in his house and I’m currently renting out my for almost twice the amount of my mortgage payment. My house is set to be paid off in 4 years as I make double mortgage payments and I have 10 months of emergency fund saved up. Never had a car payment, credit debt, student loans, ect. Everything except my house was bought cash! Thank you for the knowledge and wisdom uncle Dave. 🥳
I’m so glad I found Dave Ramsey. These videos are really helping me realize that I desperately want to be out of debt. I was never taught that it could be attainable. Listening to Dave’s radio show and RUclips is changing my whole mindset on money. Thank you. 😭😓😊
I've been watching for two weeks now and Dave's videos are great. I accomplished my debt goals in 2018 #1 paid off my car 22 months early #2 paid off my piece of property 7 months early. I now own all of my assets and now I'll be going after my 2 credit cards. Already, i have lifted so much stress off of my shoulders.
Financial Peace University-where would we be without it? Listening to Dave Ramsey is like a lullaby to my soul. Listening to Chris Hogan, buying his books, others never listen to me, but when I tell them about these Godly men, everyone listens. Rachel is my favorite wake up show bless her, she is so bubbly and such an instrument of God. Can you imagine how rich their hearts are? Who has ever treated you this well besides the Lord? Dedicated servants, people. These are some serious God's people here so turn up the volume and let them blast you to Paradise! Wow. God's work is full force...a true kingdom built for you, America. What a slice that never ends. (They appear like they do not sweat!)
That initial saving is so important to set the stage for wealth accumulation.
You hit it right on the money! Get out of overdraft city! FAST!!!
For me the biggest mindset change came after reading the book 25 Money Secrets From Donald Trump, since reading it the only thing I think about is money
Trump and Ramsey do too. They don't want the rich to pay more in taxes. How do they think we pay for public education, roads, infrastructure etc? Maybe it has more to do with not providing food stamps and Medicaid to low income households. It's good thing he isn't in charge of the budget. The super rich can afford to pay more. Their kids can work just like everyone else.
If I live and keep good health, this Guy is gonna help me break generational curses
Dave,The TRUTH hurts.I work two jobs and make about 50k a year and I'm still broke..I finally come to the conclusion that its not what you make its what,IT"S what you do with it.?I live paycheck to paycheck and that has changed.I've been listening to you on the radio on my way home from one of my jobs and The TRUTH that you are saying and it might hurt but I have to own it.I have to deal with it and know its not going away.So,THANK you for opening my eyes on the truth.
Depends where you live too.
i suggest you look for another career, i recommend going to a coding bootcamp.
You should pay off your debt and then reinvest in more education. Someone who works as hard as you would be appreciated in many work spheres. With more education and your work ethic, you should be able to work less hours and make twice what you are currently making.
I learn 56yrs.of finance lessons in a week thanks.
So good to hear you've realized it. How have you changed your finances?
I put down 25k cash on a car and the car salesman was shocked....he was like....how could someone at the age of 27 pay for a car in full?
Congrats!
That's awesome keep it up
Awesome
What do you do for work at 27 that makes that much?
simple... they're not used to someone paying cash. 25k ain't that much...and you own the car, no payments...its the way to go.
Fantastic video!!! Wish I had heard this guy 30yrs ago when I started my wealth growth plans. His empirical statement i adored was " stop pretending to be rich".
For me, this is one of Daves best videos
Great video. So true. Americans appear to be rich, but almost everything is financed.
Thanks Dave!!! I like the line: "Quit acting like something you are not" For not all that glitters is NOT GOLD!! Such as flashy fleeced cars and humongous homes that eat up half or more of annual incomes.
If people think I’m poor, and I’m not, I’m okay with that.
I’m okay with whatever God blesses me with, in whatever way He chooses to bless me.
All of life’s toys and goodies are just blessings from God.
Stop acting rich! I love it!!! Who are you trying to impress!?!
Mary's Channel He is not acting , he is the real thing. Better learn , instead of criticizing.
@@nickatanassov104 Reading comprehension goes a long way.
So true haha. My supervisor bought a fancy Escalade and a boat within one month of getting the promotion. HE asked ME if I could lend him $100 until he got paid on the 15th 😂😂😂😂😂
@@nickatanassov104 what are you talking about. She's not saying that about Dave, but the people he's talking about
Your "friends"?
Your don't have any.
Your have acquaintances.
Let your broke friends laugh! At least you will be "laughing" all the way to the bank!
Dave Ramsey is Heaven Sent. He's giving real Advice!!
So much valuable information in 9 Minutes.... Change your habits change your life!
I took this to an even greater extent. I learned Spanish and Moved to Latin America. I spend one-third of my pension check and bank the other part. I live the life I always wanted. I eat out lunch and dinner every day, travel every three months and each month my wealth increases. I can buy anything I want, when I want and I live in a city that has 75-80 degree weather every day. The stress and drama is gone and now I wake up and decide to do anything I want.
I enjoy how Dave Ramsey is consistent about his teachings across all his videos
Agree Dave is awesome. His ideas have helped me get out of 30,000 debt (still have 5,000 to go). Now, God Willing I can start to save. He is so smart and straight forward. I learn so much when I watch his videos, plus I laugh. He ha such a sense of humor. His directness is logical.
I use that same direct approach when teaching students. There is no sugar coating. Love it! I can not wait to have zero credit cards and use cash. That's an ultimate goal!
I'm runnin like my hair is on fire right now. I'll be done with baby step one by the end of the year.. feels like forever BUT it will be a great start to 2018 & it will be nice complete the majority of the babysteps in 2018! More power to those who are doin the same :)
Mrs.Owens541 good luck!
I get so fired up watching you Dave. God bless you man.
Love how relevant this video still is, especially towards the end. I thought he was referencing the 2024 election until I realized this was from EIGHT years ago
People need to pay down all debt and never get in debt again. "Cash flow" everything is the best way to live. I just made a video on this same topic. Love it!
I appreciate Dave calling me out for being stupid. I need to start acting right and start making better money decisions Thanks Dave
It's like my dad giving me a fatherly lecture. It hits home.
I watch and walk towards this message - over and over and over. I am soon getting there!
I got millionaire next door at a thrift store for a dollar. It changed my life
Dave White, My husband and I like branded clothes as their material is better. We buy second hand from eBay , as He said it is new to us.
@Bonnie Holman , you miss the point, branded stuff ( high quality). It is also amazing, many are new and not yet worked.
“In case of emergency break glass” Love that💕😂
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How can you say that nonsense. Have you checked out Dave's net worth? Have you read his biography? Or just trolling as usual. Maybe his numbers are different but his advice is along the same lines what most other financially savvy people say. Except he utilizes the Scriptures to further convince some of these people that this is God's plan cause sometimes mathematically they refuse to believe it.
Says the broke person to the man with wealth around $50 million
David Dettman yes ma'am
The Dave Ramsey Show
The Dave Ramsey Show I love your show
This is officially My New favorite Video. This feed my Soul and got my mind right.
This guy is awesome. He speaks like a boss, with authority. Definitely has left a very strong positive impression on me.
It's nice to hear someone other than Dr Phil, Judge Judy, or Gordon Ramsay, giving people that slap in the face that we all need with blunt, honest, real life advice.
So glad i worked my way through school and had no debt when i graduated
Love this video - panic like your hair is on fire 😂
+Bradie Claydon Or lack thereof..
Bradie Claydon 😂🤣😂🤣
I'm 33, following Dave for 1,5 years. But didn't get until now that Babystep 3 is part of rushing like a gazelle too... Thanks for this lesson, Sir!
I'm 26 and have 100grand saved and looking to buy rental property. I never had an emergency account. I just saved and tried to live poor so I had poor emergencies.
areal o.g, During the downturn 2009, there was property in auction worth 350K sold for $35k. If u are patient , you can make 10 times of your $100k.
I am in the Scotland uk,I’ve had an emergency fund for around 4 years it’s the best thing I ever done.peace of mind for that unexpected bill.or extra money for that rainy day.i pay mine weekly you don’t miss it
"A student loan we've had so long we thing its a pet" LOL
😂🤣😂🤣
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Killed me
Dave your like a prophet man! Greatful for your preaching and lessons!!
Dave, alls id like to say is your doing Gods Work...because America NEEDS THIS BADDDD..keep going!
This is the video that motivates me to continue, it's like Dave pulling on my ear like a little kid.
Dave brought it 10000% with this one..I'm with you Dave!!
This is one of the most important videos of this program i came across so far.. thanks Dave!
This man's a "Deity"! I only wish God had given me sight of the Ramsey show 10 years ago. 👏🏾👏🏾👏🏾
I agree, what I do is basically create an account which I do not have a card to. Which means anytime you need to pull money from the account it will take time to pull money from the account. Putting $100 / $250 away every month goes an extremely long way. The best way to really and truly put money aside is to automate it.
My wife and I just started the baby steps. On step 2. We're excited to rip through some student loans!
Dave,
Thank you very much for giving us your knowledge....very much appreciated.
I live in London and I’ve never bought a car on finance before, I always pay cash for my cars. Most expensive car I’ve used I paid cash for it $12,000 .... a lot of my friends pay car notes of between $700-850 monthly....and I know some struggle to pay it.
Michael P, Cars are so cheap in UK. I bought 2014 Toyota Yaris , 52K miles for 4k. What are these people thinking?
Dave Ramsey is the best mentor out there
I'm in Dave, I bought in. Now on baby step 3 and nearly done and moving forward, Its great. best place to be. You have to pay a price to WIN.
I literally took a big breath and sighed right before he said that that's what I just did. This man KNOWS
Love Dave. Money motivation!
My favorite Dave Ramsey video! So inspiring 😊
Easy to understand, very complicated to perform obviously, but fight on folks ...
Love it! Straight forwarded!!!
Hi Aline!
Emergency funds are fundamental to wealth-building! Do not start investing or doing anything else crazy with your money until you secure an emergency fund. Otherwise, you risk getting wiped out.
I would definitely put emergency money in a fund where I could get the money out in a day or two instead of a normal bank account. There, money grows by 1-5% instead of earning 0.05% interest or whatever your bank gives you. Always make more money if it's possible.
Thanks to my little brother acting like the big brother that has lit a fire in me to start doing this. Thank u alex
What I like most about Dave Ramsey videos are the comments. The Stans hold it down!
Another amazing rant!!! Thanks Dave!
The Millionaire Next Door was a fantastic book. I love the 'Big Hat, No Cattle' analogy from the book...when European trust officers dressed to impress (themselves) meet a Texan that has twice their net worth but think he's a truck driver
I'm hearing you Dave... I'm HEARING you!
Finally got my FU money account filled up. Feels good and to be honest it gives you a certain swagger at work and doing other business. I work construction so I thought having a year's worth of cash is important cause while I make good cheese it's very seasonal. And an injury early in the season might mean I don't work for a whole year. Now I plan on dumping 30percent into the 401k and using the other income I have to bankroll a business and start trying to become my own boss.
Daves videos contain so much value..it’s cool to rewatch them now and again..awesome life changing advice 💪
Yup! This is a real national financial security. We take accountability of our own decisions.
Rich people live like they're poor, poor people live like they're rich.
True
Thank you GOD for find Mr Dave channel and follow that way to be free debt 😀GOD BLESS YOU
I like that idea about having an emergency fund to lower insurance costs.
Stupid is on parade all around us! "A clown show" is exactly right dave. Everyone has become okay with, and it's definitely the norm. Lets get rich by being weird and not following what everyone else does! Do what dave does and build your wealth everyone! Love the rants dave. Changing my life for sure. Thank you
"You're not even their yet and you just started breathing better" lol too funny. Thanks for the videos!
You can also usually pay bills a year in advance, like medial insurance and get like a ~3% discount.
I love this man!!!!.REAL TALK
I’m eating rice and beans watching this. I’m on my way!
Nothing but great wisdom here!
These rants give me life at the gym.
.R.I.P. and Amen to Tom Stanley and May He Rest In PeCe Forever Knowing That He, Tom Stanley, Was Loved, that He, Tom Stanley Is Loved and that He, Tom Stanley, Will Be Loved Forever, Rest In Peace and Amen To Tom Stanley, Forever ❤️🙏🕊
Thank you for being real Dave.
When I was proud to have a $40k job in my 20s, the old experienced dudes with beat up trucks kept me humble.
Love the no nonsense approach a lot of people nowadays want to look rich they buy what they cannot afford glad I am good with my finances. I am in my late 20s bought my property thanks to savings and delayed gratification. A lot of people spend more than they earn to keep up with the Jones. If you lose your job today how many months savings do you have to survive on always keep a rainy day fund.
Powerful!!! Thank you so much!