Okay u dont understand how net worth is calculated then remember its all ur assets- the debt then u calculate ur net worth so this net worth 100m so he probably 1.1b because he said he has a debt a billion once maybe more and he as gold mines which he refinances probably i am not 100% sure but he is worth more then a billion
@nbhavanishanker8894 yea Dave has hard cash millionaire. That guy doesn't. Lol I know how net worth is calculated. Half the billionaires on earth don't even have 100 mil is cash.
@@jaredellis2439 Dave’s Ramsey is worth 200M that’s not a lot, 90% of it is in asset, and he doesn’t borrow against those assets so the fact that it’s 200M is useless because he doesn’t borrow so it’s basically all collateral, and since he doesn’t borrow he takes home about 2M a year NET, because there’s business expenses, random costs, bills, 2M a year is battling inflation so in reality he’s barely a millionaire meanwhile, Robert Kiyosaki gets a certain amount of money a month in his bank account that’s called cashflow, and it’s millions.
@@jaredellis2439What do u mean hard cash millionaire? There’s business expenses, salaries of his employees taxes, insurance, random expenses, and because he doesn’t borrow that 200M is all collateral, so he probably barely takes home 200K a month, meanwhile Robert has higher buying power, pays little taxes, and is a billionaire, so cashflow is flowing and he doesn’t do anything at all, if u think any single billionaire has less spending power than this baldy, you need to rethink, also wait till u find out about the banking system, u think they don’t have 100M in hard cash? That’s basically what you’re implying, the system and structuring is identical.
Bro, I don't think these people understand that Dave Ramsey is helping W-2 employees not entrepreneurs. That's a different situation like what the fuck.
who said he is an entrepreneur?,its that he is dumb at money but still gives advice about financial stuff,so how could my guy robert let that slide,he is giving real good advice about financial stuff.
@ Dave Ramsey is for the every day individual but if you're an entrepreneur, there should be other people you listen to not everybody can follow the same financial plan. Certain stuff works for certain levels of people.
W-2 is a tax withholding form for your employer to hold taxes for the I.R.S and on the website it's say anything you give the irs is considered a gift.... because house joint resolution 192 public law .. when they took the gold and silver THE FEDERAL UNITED STATES CORPORATION WENT BANKRUPT THE REORGANISATION EMERGENCY CHAPTER 11 bankruptcy act plus title 27 72-11 codes of federal regulations ALL CRIMES ARE COMMERCIAL WHICH IS A TAXED AGAINST THE REVENUE CODE . STATUES RULES CODES REGULATIONS IS ONLY FOR THE GOVERNMENT WHO ONLY EXIST TODAY IN NAME ONLY IS FOR THE TRADES OF COMMERCE THATS WHO THE GOVERNMENT IS TO CONTROL NOT WE THE PEOPLE... CONSTITUTION START OFF WE THE PEOPLE MEANS WE MAN/woman living souls CREATED THE CONSTITUTION AND THE CONSTITUTION CREATED THE GOVERNMENT SO WE HAVE POWER OVER THE GOVERNMENT AND THE GOVERNMENT CREATED CORPORATIONS YOU ON CAN CONTROL WHAT YOU CREATED AND THE GOVERNMENT CREATED BIRTH CERTIFICATE WHICH IS NOT YOU THATS WHY THE NAME YOU THINK IS YOU IS IN ALL CAPITAL LETTERS ON EVERYTHING YOU THINK YOU OWN WHICH IS CALLED YOUR GOVERNMENT NAME WHICH IS A LEGAL PERSON LEGAL FICTION A GOVERNMENT EMPLOYEE A CORPORATION A TRUST A BANK EVERYTHING BUT MAN/WOMAN PEOPLE LIVING THE BIRTH CERTIFICATE YOU ARE CONSIDERED DEAD
@@waytooaesthetic Kiywhatever doesn't give good advice period. For anyone. Except a very specific niche of people that have special skills and a risk meter thats completely busted. Dave has literally helped millions of people from all walks of life.
Dave Ramsey doesn’t make financial advice for EVERYONE. His advice is more suited to lower income people who struggle with saving, budgeting, and paying off debt. And in that respect he gives very good advice. And even most of his higher level advice is sound. Dave’s process is safer for your money because there’s not much risk involved
I kinda disagree. His advice is best for anyone who is a employee. But his advice isn't great for business owners and real-estate people. To me, even most doctors who makes 300k a year is better off listening to ramsey . Ramsey is giving a extreme solution to Americans who have a extreme problem. His consistent messaging is neccecary
Dave owns $600 million in real estate with 0 debt. He’s the furthest thing from broke. He could quit working tmrw and still have generational wealth that 99.999% of people will never even begin to fathom.
A quick Google search shows Dave Ramsey as about 600 million dollars while Robert as about 100 million dollars my momma always told me listen to the man who has more money than my daddy
For one he has stated that the media actually doesn’t even know his actual net worth because they are way off from what they told him and also there is a difference between good and bad dept listening to the person with a higher net worth isn’t always good depending on your circumstances
PewDiePie even laughed at his net worth when he googled it and wish to be near what the site claim because it was so inaccurate. So does one fitness star or celeb I forgot who. bu he reacts exactly the same when asked about the net worth given on internet!
@@louissch6189Robert borrowed 1.1 b to buy assets that produce cash flow that covers debt services, once he sells he is probably going to make 2 to 3 times the money he borrowed. Why is that so hard to understand?
The average person will not Own multiple rental properties that they’d fund with dept to avoid paying tax. Plus here in the uk all the tax perks from owning multiple properties has basically gone. Staying out of dept and investing your money sounds like pretty good advice to me!
Dave ramsey is the guy for normal people that want to build wealth so they can be a millionaire when they are 60+. Roberts advice is for big entrepreneurs
Paid for house, tens of thousands in the bank and investments, two cars paid off in full, and 3 kids I'm paying for in child support (27 years in total for child support, oldest is 19, and I'm 39), and i don't make a lot of money ($38K/year). Thanks DAVE RAMSEY!
Kyosaki calling Ramsey broke is comical. Ramsey is worth hundreds of millions without a dime of debt, and a chunk of those hundreds of millions is his massive real estate portfolio. Anyone criticizing Ramsey is either myopic and hasn’t paid sufficient attention to Ramsey’s approach. He has 7 baby steps. Most people criticize him for the reasons Kyosaki is because they’re only paying attention to 3 or 4 of his baby steps. And the reason most of Ramsey’s airtime content is focused on saving is because so many people can’t even do that because of poor financial behavior and habits. 3 of his baby’s steps are about investing. Also, if we want to really know what someone believes, look at what they do. Ramsey has done the baby steps himself, and he’s killed the investment steps, both in real estate and the even bigger risk of starting, running and growing his own company. To say the least, Kyosaki and others are out of their depth on this.
It’s a lot more of a complex answer than “Dave Ramsey good” or “Dave Ramsey bad.” Ramsey’s advice is outstanding for the average American. The average American is thousands of dollars in credit card debt at 18+%. They have massive spending issues. Getting that person to budget and pay off debt is the best strategy that they can reasonably achieve. He also talks about how paying off your mortgage for many people is a massive psychological booster. When people pay off their mortgage, they take more chances and risks, new careers, that often pay more and increases their income. For those that are disciplined investors and spenders, of course Ramsey’s advice is not the optimal way to make money. But this is comparatively a tiny segment of the population, that’s the reality.
Finance is like sports. THEYRE NOT ALL THE SAME. Pick what game you wanna play. Do you wanna be a saver ? Investor ? Debt ? All cash? Gold ?? You get to pick your strategy/Game you wanna play.
What y’all gotta understand is being able to take the lesson and go to the next they both have valuable lessons just learn from both and see what works best for you
Ramsey, Kyosaki, & Cardone have all become financially successful in their own unique ways. Whether or not their advice is correct, depends on your personal circumstances.
Dave is literally the only reason I have thousands in my bank account and zero debt. Don't listen to all these influencers who got lucky with their wealth. He's worth over 600 million dollars with zero debt.
Money gets worth less, so debt also gets worth less. And debt gives you tax adventages. This is where the billionaires take advantage from. But what robert says is true, average people shouldn’t make debt
He should embrace financial coaches instead of calling them names like this. Dave just has a different strategy, nothing wrong with that. I feel more comfortable with Daves strategy.
If you really want to be rich, eventually you’ll have to graduate from Dave Ramsey to something else. There is so much financial knowledge to make tons of money you’ll never learn from Dave Ramsey. All he teaches is get out of debt and save money. He doesn’t teach how to make money. Anybody with an abundance mindset would rather figure out how to make more than save more.
That's his mission though. He wants to help people escape debt. He doesn't even claim to want to turn people into billionaires. He was broke when he was young and so he relates to people in that situation and he coaches them and does so very well. His scoreboard is pretty solid.
Problem most people have isn’t income it’s spending. In financials services it’s very common to see doctors come in and have negative net worth while they bring in 500k per year. One .01% of people hit a level of income where spending is no longer a problem. For 99.99% of people Dave has a great system.
@@Kevlar_soul This just isn't true the problem IS income. Sure you might find somebody over spending like 1/10 every person but MORE people DONT EVEN MAKE close to that or even 6 figures. Most people make 40-60k with life homes and everything increasing it is factually numerically objectively an INCOME problem.
Honestly, if people want to go into massive debt and huge risks, destroying their lives because rich dad poor dad told them it was the best way to become wealthy… let them.
Debt to an asset is smart, he’s right to preach that. But debt to a liability is horrible which is why Ramsey preaches no debt cause the common family/person doesn’t have the multiple assets to collect debt on.
Just cuz they're rich doesn't mean they're smart. You can literally take it out out it in a bank and make .01%. that's still be like what 100k annually??
Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
Proverbs 22:7; The rich rule over the poor, and the borrower is slave to the lender. If you can build your wealth without being a slave to someone else that's the most optimal way to do it according to Dave.
If your whole life revolves around money and continually moving capital around to be able to pay off a debt amount higher than your actual held equity… you don’t have time for an actual job.
If we had another 2008 property led market collapse, Dave would be pissed, this guy would be taking a long walk off a small pier as all his debt obligations get called in and his property isn’t worth shit lol
Kiosaki is the fake one, he pretends he has a lot of real-estate a gold mine so on ahd he still goes from town to town doing conference for money... something doesnt add up
Thanks for this awesome content! I’d appreciate some clarification: I have USDT in my OKX wallet, and I only have the seed phrase (island blind tennis trap moment element print chair state hobby actress finish). What’s the process to send it to Binance?
When you take a hypothetical impossible and compare it to a demonstrated in the bank outcome, who is being disingenuous? Also, is it not a feather in his cap, that he accomplished something in a way few(maybe none) have done before, at least in magnitude.
The problem with how everyone in the comments look at debt, is they think they'll owe it when they die lol. You dont have to spend it, you could just live off it. Invest it (idk go be a barber, too many careers out there) and pay the bill on the 1st. Repeat. Get another loan. Both have great advice, but Robert system is better.
Weird bros calling dave broke when hes basically got perpetual debt. And to you money people i get the concept trust me.. but you cant be that person and say dave ramsays broke.
I love ramsey but he helps people just be a millionaire by saving without the actual advantages of being rich. Why be rich if you can’t spend it on lambo’s and watches etc
How does that make sense Dave it broke but holds actual saving dollars. And you admit you go into debt to get rich, if you owe I don’t see how you rich. He teaches people who work and don’t have the 4 different types of income. All you rich people are out of touch with where you came from
Stop focusing on money and think about why you want money, if it's not to help others than do something else Ramsey's not a fucking idiot he just isn't focused solely on money.
. His advice is best for anyone who is a employee. But his advice isn't great for business owners and real-estate people. To me, even most doctors who makes 300k a year is better off listening to ramsey . Ramsey is giving a extreme solution to Americans who have a extreme bad debt problem. His consistent messaging is neccecary.
His advice isn’t even good for people who are trying to get out of debt, he’s just a privileged millionaire who thinks he know how to advice the poor because he went bankrupt 40 years ago
He’s broke?? Oh Geesh, I have not idea how much Dave Ramsey is worth but I’m sure it’s prob near half a billion and doesn’t owe anyone a dollar. I’ll be broke like him any day.
Rather owning less and debt free then borrow money + where I can get 1 Billion dollar 0% interest??? In your dream maybe. You don’t pay tax on borrowed money but you pay interest what’s the difference??? Thousands of people a struggling with debt cuz their business is not doing well or can’t repay, the bank will not spare them. Back in the days average house was $60000 salary $14000 a year Now the house is $400000 and salary is $50000. At list Ramsey is giving live advise to people who are struggling not like our friend bragging about borrowing money and bing Trump friend. Rich dad poor dad was good in the old school era not now stop messing up kids brain.
No one's pointing out how old this dude is and how old all the dudes are that give us financial advice, Barack almost always 60 plus and did nothing with their life beforehand and now too old to do anything with it
This is complete and total nonsense. But that dude in the blue suit usually states complete and total nonsense all the time. Daves stated goal is to help regular people lead a comfortable self sufficient life. He frequently states this. If your looking to become the next bezos... watch a different show.
Anyone who thinks dave ramsey is an idiot is falling for this debt bullshit. Very few people are smart enough or responsible enough to handle debt. Hence why 75 percent of americans are drowning in debt. Dave ramsey owns outright hundreds of millions of dollars in real estate. He doesn't have mortgages. How is he stupid? He's making 100% profit on all of his investments.
Um Dave Ramsey is a million who owes zero dollars. He's worth more than u technically
Okay u dont understand how net worth is calculated then remember its all ur assets- the debt then u calculate ur net worth so this net worth 100m so he probably 1.1b because he said he has a debt a billion once maybe more and he as gold mines which he refinances probably i am not 100% sure but he is worth more then a billion
@nbhavanishanker8894 yea Dave has hard cash millionaire. That guy doesn't. Lol I know how net worth is calculated. Half the billionaires on earth don't even have 100 mil is cash.
@@jaredellis2439who wants 100 million in cash? Inflation will destroy it
@@jaredellis2439 Dave’s Ramsey is worth 200M that’s not a lot, 90% of it is in asset, and he doesn’t borrow against those assets so the fact that it’s 200M is useless because he doesn’t borrow so it’s basically all collateral, and since he doesn’t borrow he takes home about 2M a year NET, because there’s business expenses, random costs, bills, 2M a year is battling inflation so in reality he’s barely a millionaire meanwhile, Robert Kiyosaki gets a certain amount of money a month in his bank account that’s called cashflow, and it’s millions.
@@jaredellis2439What do u mean hard cash millionaire? There’s business expenses, salaries of his employees taxes, insurance, random expenses, and because he doesn’t borrow that 200M is all collateral, so he probably barely takes home 200K a month, meanwhile Robert has higher buying power, pays little taxes, and is a billionaire, so cashflow is flowing and he doesn’t do anything at all, if u think any single billionaire has less spending power than this baldy, you need to rethink, also wait till u find out about the banking system, u think they don’t have 100M in hard cash? That’s basically what you’re implying, the system and structuring is identical.
Bro, I don't think these people understand that Dave Ramsey is helping W-2 employees not entrepreneurs. That's a different situation like what the fuck.
who said he is an entrepreneur?,its that he is dumb at money but still gives advice about financial stuff,so how could my guy robert let that slide,he is giving real good advice about financial stuff.
@ Dave Ramsey is for the every day individual but if you're an entrepreneur, there should be other people you listen to not everybody can follow the same financial plan. Certain stuff works for certain levels of people.
W-2 is a tax withholding form for your employer to hold taxes for the I.R.S and on the website it's say anything you give the irs is considered a gift.... because house joint resolution 192 public law .. when they took the gold and silver THE FEDERAL UNITED STATES CORPORATION WENT BANKRUPT THE REORGANISATION EMERGENCY CHAPTER 11 bankruptcy act plus title 27 72-11 codes of federal regulations ALL CRIMES ARE COMMERCIAL WHICH IS A TAXED AGAINST THE REVENUE CODE . STATUES RULES CODES REGULATIONS IS ONLY FOR THE GOVERNMENT WHO ONLY EXIST TODAY IN NAME ONLY IS FOR THE TRADES OF COMMERCE THATS WHO THE GOVERNMENT IS TO CONTROL NOT WE THE PEOPLE... CONSTITUTION START OFF WE THE PEOPLE MEANS WE MAN/woman living souls CREATED THE CONSTITUTION AND THE CONSTITUTION CREATED THE GOVERNMENT SO WE HAVE POWER OVER THE GOVERNMENT AND THE GOVERNMENT CREATED CORPORATIONS YOU ON CAN CONTROL WHAT YOU CREATED AND THE GOVERNMENT CREATED BIRTH CERTIFICATE WHICH IS NOT YOU THATS WHY THE NAME YOU THINK IS YOU IS IN ALL CAPITAL LETTERS ON EVERYTHING YOU THINK YOU OWN WHICH IS CALLED YOUR GOVERNMENT NAME WHICH IS A LEGAL PERSON LEGAL FICTION A GOVERNMENT EMPLOYEE A CORPORATION A TRUST A BANK EVERYTHING BUT MAN/WOMAN PEOPLE LIVING THE BIRTH CERTIFICATE YOU ARE CONSIDERED DEAD
Not really, dave ramsey is prob the best popular financial guru for the average person in countries with decently high gdp per capita @@izana988
Exactly he's helping real people
Kiyosaki is a scammer and Ramsey is not
Kiyosaki is for entrepreneurs and Ramsey is for the average person
@waytooaesthetic Kiyosaki is a fucking scammer
Agreed, kiyosakis advice will get you broke and bankrupt.
@@waytooaesthetic
Kiywhatever doesn't give good advice period. For anyone. Except a very specific niche of people that have special skills and a risk meter thats completely busted.
Dave has literally helped millions of people from all walks of life.
@@gordonkrueger9320 Thats precisely what i said
Dave Ramsey doesn’t make financial advice for EVERYONE. His advice is more suited to lower income people who struggle with saving, budgeting, and paying off debt. And in that respect he gives very good advice. And even most of his higher level advice is sound. Dave’s process is safer for your money because there’s not much risk involved
Yea it’s so dumb. Saying Dave Ramsey is stupid is like telling an alcoholic AA is stupid. Yea AA isn’t for SOBER PEOPLE.
I kinda disagree. His advice is best for anyone who is a employee. But his advice isn't great for business owners and real-estate people. To me, even most doctors who makes 300k a year is better off listening to ramsey .
Ramsey is giving a extreme solution to Americans who have a extreme problem. His consistent messaging is neccecary
Ramsey is worth over $600M and is debt free. I don’t think he’s broke Rich Dad Poor Dad
Dave owns $600 million in real estate with 0 debt. He’s the furthest thing from broke. He could quit working tmrw and still have generational wealth that 99.999% of people will never even begin to fathom.
A quick Google search shows Dave Ramsey as about 600 million dollars while Robert as about 100 million dollars my momma always told me listen to the man who has more money than my daddy
For one he has stated that the media actually doesn’t even know his actual net worth because they are way off from what they told him and also there is a difference between good and bad dept listening to the person with a higher net worth isn’t always good depending on your circumstances
PewDiePie even laughed at his net worth when he googled it and wish to be near what the site claim because it was so inaccurate. So does one fitness star or celeb I forgot who. bu he reacts exactly the same when asked about the net worth given on internet!
Dame Ramesey is worth 55 million according to Google
Do you think google goes to Robert kiyosaki and counts all his money 😂
@@louissch6189Robert borrowed 1.1 b to buy assets that produce cash flow that covers debt services, once he sells he is probably going to make 2 to 3 times the money he borrowed. Why is that so hard to understand?
The average person will not Own multiple rental properties that they’d fund with dept to avoid paying tax. Plus here in the uk all the tax perks from owning multiple properties has basically gone. Staying out of dept and investing your money sounds like pretty good advice to me!
Absolutely! Dave Ramsey is amazing for the average person. Debt is nessesary for ppl living a unique lifestyle like this man...
Dave ramsey is the guy for normal people that want to build wealth so they can be a millionaire when they are 60+. Roberts advice is for big entrepreneurs
Paid for house, tens of thousands in the bank and investments, two cars paid off in full, and 3 kids I'm paying for in child support (27 years in total for child support, oldest is 19, and I'm 39), and i don't make a lot of money ($38K/year). Thanks DAVE RAMSEY!
Kyosaki calling Ramsey broke is comical. Ramsey is worth hundreds of millions without a dime of debt, and a chunk of those hundreds of millions is his massive real estate portfolio. Anyone criticizing Ramsey is either myopic and hasn’t paid sufficient attention to Ramsey’s approach. He has 7 baby steps. Most people criticize him for the reasons Kyosaki is because they’re only paying attention to 3 or 4 of his baby steps. And the reason most of Ramsey’s airtime content is focused on saving is because so many people can’t even do that because of poor financial behavior and habits. 3 of his baby’s steps are about investing. Also, if we want to really know what someone believes, look at what they do. Ramsey has done the baby steps himself, and he’s killed the investment steps, both in real estate and the even bigger risk of starting, running and growing his own company. To say the least, Kyosaki and others are out of their depth on this.
It’s a lot more of a complex answer than “Dave Ramsey good” or “Dave Ramsey bad.” Ramsey’s advice is outstanding for the average American. The average American is thousands of dollars in credit card debt at 18+%. They have massive spending issues. Getting that person to budget and pay off debt is the best strategy that they can reasonably achieve. He also talks about how paying off your mortgage for many people is a massive psychological booster. When people pay off their mortgage, they take more chances and risks, new careers, that often pay more and increases their income.
For those that are disciplined investors and spenders, of course Ramsey’s advice is not the optimal way to make money. But this is comparatively a tiny segment of the population, that’s the reality.
Finance is like sports. THEYRE NOT ALL THE SAME. Pick what game you wanna play. Do you wanna be a saver ? Investor ? Debt ? All cash? Gold ?? You get to pick your strategy/Game you wanna play.
What y’all gotta understand is being able to take the lesson and go to the next they both have valuable lessons just learn from both and see what works best for you
Dave Ramsey is the voice of Americans!!!!!
Ramsey, Kyosaki, & Cardone have all become financially successful in their own unique ways. Whether or not their advice is correct, depends on your personal circumstances.
Completely agree. Buy metals.
Dave is literally the only reason I have thousands in my bank account and zero debt. Don't listen to all these influencers who got lucky with their wealth. He's worth over 600 million dollars with zero debt.
Egh, having no debt rocks
Difference between good and bad debt
For 99% of people debt will always be bad.
So you wouldn’t borrow 1 billion with 0% interest?😂
@TrentonCS whose the loan coming from? Fred Flanders or Tony Soprano?
@ exactly, dodging the question😂
The economic system we have runs on debt so to be honest using debt (SMARTLY) is the correct choice
Well, if I recall correctly Dave Ramsey is 600 mio $ net worth and no debt and Kyosaki is bankrupt… so much for who has the better financial strategy.
My supermarket doesn't accept bitcoin or silver tokens for my shopping for some reason!
If you borrow 1M and build a property with that money, you will end up paying interest to the bank and taxes for the materials, etc...
Money gets worth less, so debt also gets worth less. And debt gives you tax adventages. This is where the billionaires take advantage from. But what robert says is true, average people shouldn’t make debt
This financial War between Dave Ramsey and the rest of the world is beginning on sound funny😅.
Dave Ramsey gives advice that can help your life. This guy just in love with another man’s dad
That sounds so wrong dude
He should embrace financial coaches instead of calling them names like this. Dave just has a different strategy, nothing wrong with that. I feel more comfortable with Daves strategy.
If you really want to be rich, eventually you’ll have to graduate from Dave Ramsey to something else. There is so much financial knowledge to make tons of money you’ll never learn from Dave Ramsey. All he teaches is get out of debt and save money. He doesn’t teach how to make money. Anybody with an abundance mindset would rather figure out how to make more than save more.
That's his mission though. He wants to help people escape debt. He doesn't even claim to want to turn people into billionaires. He was broke when he was young and so he relates to people in that situation and he coaches them and does so very well. His scoreboard is pretty solid.
Problem most people have isn’t income it’s spending. In financials services it’s very common to see doctors come in and have negative net worth while they bring in 500k per year.
One .01% of people hit a level of income where spending is no longer a problem.
For 99.99% of people Dave has a great system.
The person you are talking about isn't the average person, the average person can't handle debt Ramsy is only for those people
@@Kevlar_soul This just isn't true the problem IS income. Sure you might find somebody over spending like 1/10 every person but MORE people DONT EVEN MAKE close to that or even 6 figures. Most people make 40-60k with life homes and everything increasing it is factually numerically objectively an INCOME problem.
Honestly, if people want to go into massive debt and huge risks, destroying their lives because rich dad poor dad told them it was the best way to become wealthy… let them.
Debt to an asset is smart, he’s right to preach that. But debt to a liability is horrible which is why Ramsey preaches no debt cause the common family/person doesn’t have the multiple assets to collect debt on.
If this economy tanks any further your will thank Dave Ramsey
Just cuz they're rich doesn't mean they're smart. You can literally take it out out it in a bank and make .01%. that's still be like what 100k annually??
Calling Dave Ramsey an idiot while being 1 billion in debt lmao
Great content, as always! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
I hope you are joking, but if not, you have just given access to your wallet to everyone
calling dave broke is a stretch
Proverbs 22:7; The rich rule over the poor, and the borrower is slave to the lender.
If you can build your wealth without being a slave to someone else that's the most optimal way to do it according to Dave.
Borrowing money is a dumb idea tbh.
Bro so out of touch he said a man with multi millions is broke 😂
Ramsey net worth 200m kiyosaki is 100m....
If your whole life revolves around money and continually moving capital around to be able to pay off a debt amount higher than your actual held equity… you don’t have time for an actual job.
If we had another 2008 property led market collapse, Dave would be pissed, this guy would be taking a long walk off a small pier as all his debt obligations get called in and his property isn’t worth shit lol
Crazy idea. Not everyone wants real estate
Kiosaki is the fake one, he pretends he has a lot of real-estate a gold mine so on ahd he still goes from town to town doing conference for money... something doesnt add up
He's got twice as much money as Ramsay, though.
That’s to keep his ego to the highest lvl.
Thanks for this awesome content! I’d appreciate some clarification: I have USDT in my OKX wallet, and I only have the seed phrase (island blind tennis trap moment element print chair state hobby actress finish). What’s the process to send it to Binance?
Both ways work but Mr Asia way will allow you to acquire wealth ..
When you take a hypothetical impossible and compare it to a demonstrated in the bank outcome, who is being disingenuous? Also, is it not a feather in his cap, that he accomplished something in a way few(maybe none) have done before, at least in magnitude.
The problem with how everyone in the comments look at debt, is they think they'll owe it when they die lol. You dont have to spend it, you could just live off it. Invest it (idk go be a barber, too many careers out there) and pay the bill on the 1st. Repeat. Get another loan. Both have great advice, but Robert system is better.
The dude who has millions maybe hundreds of millions in debt calling people broke
That girls leg tattoo is creepy as hell
Dave helps the everyday joe mange their money so when they retire, they're not broke, not the peopke that want to become the future 1%.
Here's a fact people don't need that kind of money in the first place 😂
The edit is giving me a head spin
Weird bros calling dave broke when hes basically got perpetual debt. And to you money people i get the concept trust me.. but you cant be that person and say dave ramsays broke.
I believe Dave Ramsey more 😂
I love ramsey but he helps people just be a millionaire by saving without the actual advantages of being rich. Why be rich if you can’t spend it on lambo’s and watches etc
Now the real broad person is robert.
Dave Ramsey has $600 in teal estate that he outright owns.
This guy doesn't...and he's calling Dave "broke"? Lol
How does that make sense Dave it broke but holds actual saving dollars. And you admit you go into debt to get rich, if you owe I don’t see how you rich. He teaches people who work and don’t have the 4 different types of income. All you rich people are out of touch with where you came from
Stop focusing on money and think about why you want money, if it's not to help others than do something else Ramsey's not a fucking idiot he just isn't focused solely on money.
💯
He has so much debt that he is probably not worth anything
. His advice is best for anyone who is a employee. But his advice isn't great for business owners and real-estate people. To me, even most doctors who makes 300k a year is better off listening to ramsey .
Ramsey is giving a extreme solution to Americans who have a extreme bad debt problem. His consistent messaging is neccecary.
His advice isn’t even good for people who are trying to get out of debt, he’s just a privileged millionaire who thinks he know how to advice the poor because he went bankrupt 40 years ago
I'll borrow God's word and watch those who wanna spend their lives in Hell
He’s broke?? Oh Geesh, I have not idea how much Dave Ramsey is worth but I’m sure it’s prob near half a billion and doesn’t owe anyone a dollar. I’ll be broke like him any day.
Rather owning less and debt free then borrow money + where I can get 1 Billion dollar 0% interest??? In your dream maybe.
You don’t pay tax on borrowed money but you pay interest what’s the difference??? Thousands of people a struggling with debt cuz their business is not doing well or can’t repay, the bank will not spare them.
Back in the days average house was $60000 salary $14000 a year Now the house is $400000 and salary is $50000.
At list Ramsey is giving live advise to people who are struggling not like our friend bragging about borrowing money and bing Trump friend.
Rich dad poor dad was good in the old school era not now stop messing up kids brain.
The difference is that David Ramsey has scruples and Robert Kiyosaki is a piece of garbage.
This the only smart thing Kiyosaki has said this side of 2000. They both idiots. Wealth is not automatically smart
I never seen anyone applies this dude principles he’s more narrow minded than Dave and probably doesn’t know his target audience
Wonder if he can tell us the price of bread. Loser doesnt realise dave isnt playing for his rich friends but the average guy
Ramsey is broke? You sure abour thar?
200 million net worth and owes no one money. Ya… broke…
No one's pointing out how old this dude is and how old all the dudes are that give us financial advice, Barack almost always 60 plus and did nothing with their life beforehand and now too old to do anything with it
Robert is just a old storyteller with delusional followers from his bible that’s called Rich daddy poor readers
Dave Ramsey net worth is 600mil buddy
I hate this guy
This is complete and total nonsense. But that dude in the blue suit usually states complete and total nonsense all the time.
Daves stated goal is to help regular people lead a comfortable self sufficient life. He frequently states this. If your looking to become the next bezos... watch a different show.
Anyone who thinks dave ramsey is an idiot is falling for this debt bullshit. Very few people are smart enough or responsible enough to handle debt. Hence why 75 percent of americans are drowning in debt. Dave ramsey owns outright hundreds of millions of dollars in real estate. He doesn't have mortgages. How is he stupid? He's making 100% profit on all of his investments.