@@neuralismgamingtv4511yet nobody wants to join the military. Lowest recruiting numbers since Vietnam. Highest signing bonuses ever, easiest basic training, more women, easier physical standards, more benefits than ever (college, house, medical, financial) and nobody wants to serve.
He said something my great grandmother used to say. She was survived the great depression. She always encouraged reading She would tell me no matter what was taken from me now one could take away what I Knew
Excellent! The comment about his father fleeing Iran during the revolution- "They took everything he had, but couldn't take his education" hits like a ton of bricks.
@@jasonrodgers9063 CIA and MI6, not even a conspiracy theory, confirmed history. Iran wanted to nationalize their oil wells, BP & both the UK & US governments didn't want that so they helped instigate the coup and install the exact same Iranian government that is now apparently the "enemy"
I really like how high schools in my area are offering more vocational courses than just cosmetology. Now there are seniors with their CNA, EMT, phlebotomy welding and so much more
I agree this is good, especially if older kids are struggling with direction. But I think there's still a layer of entitlement. My niece finished her phlebotomy program, didn't like it. Now she wants to be an aesthetician. She's likely won't like this either. I'm not sure what these young adults want, but I know they quit fast.
My daughter just graduated with a bachelors in business (debt free) and was heavily involved in FBLA (future business leaders program) during high school. My son just graduated from high school and did the welding program also. Will receive his associates this fall. The welding will give him money to pay for a degree in engineering. I’m pleased that there are many more options in our small town high school.
I watch you from England and you’ve helped me out of debt only one last payment to be made and then I’m out of it, when I started watching you, you’ve educated me and made me change my habits. I’m 34 so look for watts the future. Thank you x
I like Caleb's no BS approach as well. The only thing I find off putting is his high pitched shrill voice when upset. I'm old school in that regard. It's hard to take words being said seriously when they sound like they are coming from a cartoon character.
@@VeryCoolAlan having Caleb, Dave and George in the highlight video face to face will be interesting, it would be different behavior than what we see in Caleb's channel
As an Iranian American immigrant sitting at $1.7M net worth after 15 years of arriving in this great land, I’m so proud of you, Alex. Hoping for the same success as yours for my own son.
Wow, awesome segment! I've been following the Ramsey for years, and his teachings have changed our families' lives. I've been following Alex for a little less than a year. Great to see him on the show.
Surprised to see Alex pop up on the Ramsey show but at the same time, feel like I shouldn’t be surprised at all haha. Awesome to see these guys hang, I’ve gotten tons of value from both.
Love the education/skill piece. I feel like ‘influencers’ keep knocking education/college, but it’s a good investment if you choose the right field to study at a reasonable cost.
So glad to see Alex Hormozi on the show. I've been absolutely learning so much from this guy and his wife Leila from their RUclips channel. Compound your knowledge and intellect, like you would want to compound interest on your investment. So much to learn. Let's Go!
In my sixty five and a half years of experience, and never being a high earner BUT solidly in the middle class and also twice divorced (not proud of that of course) and being BROKE after both of them but now happily with my love and both of us being retired - the answer is crystal clear to me; it's that old adage; it's NOT what you make, it's what you spend. PERIOD.
Being an avid reader, I came across a report by Northwestern Mutual on the same topic and found that if I choose to put a lump sum into solid investments, I am more likely to have a higher balance over time. Being a novice at the time, I saw that as a queue to get into the market. That was quite the turning point in my finance.
@Inthemoment830 As someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks particularly index funds and ETFs for the long term, splitting my funds in ways that have brought me huge ROI. I just reinvest and grow my portfolio.
@@Vikturneer Time is also important. To make money in the stock market, you need to give your investments time to compound interest and appreciate in value, as well as make sure to diversify your holdings and invest on a regular cadence.
Funny enough, I got on his platform too, I started in with a $18k initial capital that has appreciated to over $76k profit within some months. Although I feel the commissions are quite high but excellent service overall.
I told my son and daughter that very same thing. Once you have your education and your degree, you can go to prison, and when you get out, you still have that degree. You can't mess up bad enough to lose that once you have it.
There are a lot of armchair financial experts out there. I remember years ago a coworker would say it's best to modify tax withholding to the maximum so you could not worry about spending money. He also told people not to worry about paying down the mortgage because you always benefit from having the mortgage last as long as possible since you can write off the interest payments.
@katemiller7874 There are no tax benefits to a mortgage. My deductions, including the mortgage has never exceeded the standard deduction, even before the standard deduction was doubled.
@@dustinjohnson1410 That doesn't mean someone else's couldn't (I was able to itemize with my first mortgage at 6.375% 15 years ago). However, as you said, with the higher std deduction, it's not likely. I would say that if you have a lower rate (3% or lower) I wouldn't pay it off, but I know that goes against Dave's advice. That doesn't mean blow money, but invest instead of paying extra on the mortgage.
I love Alex and the advice that he provides, the hurdle I see today is people are not willing to work or put in the effort to get there overtime. If it is not a very high salary or instant gratification and success people just bail out. Question is how you get people to work when they have no drive to do so?
It's good advice: "Do what you know" or listen to those that have been successful in "X" area is a big part of the message of "The Richest Man in Babylon" as well.
Why people are afraid to get started in something new that would help them build wealth: “They don’t want the judgment they THINK is coming along from people that aren’t even paying attention to them to begin with.”
@7:45 Things must have changed in the phlebotomist training field. Alex says it takes $500 and 2 days to get certified. I know a few people who did this 10 to 15 years ago and it did not take them 2 days + $500. Rather, it took them something like a 10 month training course (several nights each week, although I forget how many nights per week) + tuition for that training which was something like $12,000. Who knows, maybe Alex is right and the people I know who did this were mislead, not sure.
I left a comment saying something similar. For instance where I live at you definitely can't double or triple your income for minimum wage. It actually only pays around $14 an hour where I live at. They're using these examples that are extremely rare.
20 hours of focused work to become proficient at playing a musical instrument like a piano or guitar?! Not sure about that…haha. Everything else he’s saying though seems spot on and practical!
8:33 yep investing in your skill set will help you for example am now a cleaner and am working on being an sia door supervisor it pays way better giving me more capital to do more and start moŕe❤
At your rich parents company or with their connections of course. You can run an oil and gas company with no qualifications with a starting pay in the millions.
The 2 day phlebotomist, yea you can get that cert, and become a vampire, but I would not want to be on the receiving end of that certification for about a year, or two. She is going to need a lot of practice in order to get good at it. By good, I mean not make the patient wince(or throw up) when the draw occurs. Also, steady hands helps. But sure, go to a community college and take a few courses in nurses aid too. It will all help.
He’s saying the first 20 seriously dedicated hours is where you make the most progress. Coming from a guitar player myself, I’d agree. You can never have played before and have a basic understanding of the fretboard and learn cowboy chords within 20 hours of dedicated practice but what’s after that will come as slower progress
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
Preach Alex! Young people today are falling for the instafamous and get rich quick schemes and are forgetting about the most important and guaranteed investment, which is investing in yourself. Your father said it right your education cannot be taken in a divorce or fleeing a country
GOOD ADVICE AND IT IS USUALLY BEST TO STICK WITH THINGS THAT WE UNDERSTAND. THAT BEING SAID, THINGS DO CHANGE, AND WE ALSO NEED TO BE PREPARED WHEN WHAT WORKED IN THE PAST DOES NOT WORK TODAY. HIS ADVICE TO DEVELOP OUR EARNING ABILITY IS THE BEST INVESTMENT IN OUR FUTURE.
“They don’t want the judgement that they think is coming along, from people who aren’t paying attention to them to begin w” BOOM!
This was very tough for me having a well paying job but also working part time..I knew I can’t care because this is temporary
@@neuralismgamingtv4511 Who are you, the punisher?
@@neuralismgamingtv4511yet nobody wants to join the military. Lowest recruiting numbers since Vietnam. Highest signing bonuses ever, easiest basic training, more women, easier physical standards, more benefits than ever (college, house, medical, financial) and nobody wants to serve.
He is right. Poor people listen to other poor people.
I would rather listen to poor people because the advice of rich people is for me to get scam and keep me poor for there get Richer.
Its like single people getting relationship advice from other single/divorced people
@@daisykaren6584 Yep, the grammar on this reply has me losing brain cells.
@@thegoat9396 talk to you math teacher and learn to read.
@@daisykaren6584have you listened to anything Dave says? He is a good benchmark for learning how to become rich from a rich person
What he said about sadness is so true. It’s the hopelessness feeling of not having clarity in What exactly you should do.
He said something my great grandmother used to say. She was survived the great depression. She always encouraged reading She would tell me no matter what was taken from me now one could take away what I Knew
Excellent! The comment about his father fleeing Iran during the revolution- "They took everything he had, but couldn't take his education" hits like a ton of bricks.
Alex is the man. I first heard that story from a year ago or something and even now it still hits like a ton of bricks.
And guess who instigated that revolution...
@@CianMcsweeney I'm guessing I'll be sorry I asked, but OK, who?
@@jasonrodgers9063 CIA and MI6, not even a conspiracy theory, confirmed history. Iran wanted to nationalize their oil wells, BP & both the UK & US governments didn't want that so they helped instigate the coup and install the exact same Iranian government that is now apparently the "enemy"
I really like how high schools in my area are offering more vocational courses than just cosmetology. Now there are seniors with their CNA, EMT, phlebotomy welding and so much more
I agree this is good, especially if older kids are struggling with direction. But I think there's still a layer of entitlement. My niece finished her phlebotomy program, didn't like it. Now she wants to be an aesthetician. She's likely won't like this either. I'm not sure what these young adults want, but I know they quit fast.
My daughter just graduated with a bachelors in business (debt free) and was heavily involved in FBLA (future business leaders program) during high school.
My son just graduated from high school and did the welding program also. Will receive his associates this fall. The welding will give him money to pay for a degree in engineering. I’m pleased that there are many more options in our small town high school.
I watch you from England and you’ve helped me out of debt only one last payment to be made and then I’m out of it, when I started watching you, you’ve educated me and made me change my habits. I’m 34 so look for watts the future. Thank you x
I love how he stated that people should invest in themselves.
"The longer you stay there thinking about what they might be thinking, the less you actually do.and accomplish" - my Father🙏
This fellow articulated his thoughts so well. I'm putting this interview on my save list!
Alex Hormozi is a brilliant business man!
This is awesome! So glad to see Alex on w/ Dave. I am sure George you're the reason. Thank you!
Thank you Dave for this video! Please have Caleb Hammer as your next guest! 🙏
I like Caleb's no BS approach as well. The only thing I find off putting is his high pitched shrill voice when upset. I'm old school in that regard. It's hard to take words being said seriously when they sound like they are coming from a cartoon character.
George said a couple weeks ago he's working on something with Caleb.
@@VeryCoolAlan having Caleb, Dave and George in the highlight video face to face will be interesting, it would be different behavior than what we see in Caleb's channel
I would love to see Caleb on the show.❤
who???
As an Iranian American immigrant sitting at $1.7M net worth after 15 years of arriving in this great land, I’m so proud of you, Alex.
Hoping for the same success as yours for my own son.
Thanks Dave Ramsoy for having Alex Hermoza on your show.
Lol
😂😂😂😂
It's HORMOZI.
Holy smokes! This Dave Ramsey x Alex Hormozi collab is incredible! The goats 🐐🐐
Wow, awesome segment! I've been following the Ramsey for years, and his teachings have changed our families' lives. I've been following Alex for a little less than a year. Great to see him on the show.
Now this crossover I never saw coming
Oh please! You knew it was coming. You just didn’t know when. But here we are watching masters at work 😅
Alex is amazing, great to see him here.
I agree. Learn a skill. Change your future instead of waiting for things to happen on their own.
Thanks for the words of wisdom
Alex Hormozi and his wife are awesome! Glad you had him on the show.
That’s his wife? Sounds like a dude
@@Kermit46 if you follow Alex, his wife is Leila. She was not on this show, but they are both awesome people.
He's a simp for getting married marriage is a death sentence for men nowadays
not if you dont pick trash women @@perrycoffey5410
Finally a meeting of the minds! Thank you! @The Ramsey Show and @AlexHormozi!
That's what my father said - No one can ever take your education away from you.
Alex Hormozi is, hands down, the best “business guru” on the internet today
You spelled "carpet bagger" wrong.
Surprised to see Alex pop up on the Ramsey show but at the same time, feel like I shouldn’t be surprised at all haha. Awesome to see these guys hang, I’ve gotten tons of value from both.
Same! But Alex did an episode talking about how he followed Dave so I am not surprised.
lol dave "how do you become a writer ... write.. how do you become an investor ... invest." he is the yoda of finance and kickin ass in life.
My two worlds coming together! Love this so much.
Awesome interview, what a wealth of knowledge!
Tons of wisdom in that young man!
Love the education/skill piece. I feel like ‘influencers’ keep knocking education/college, but it’s a good investment if you choose the right field to study at a reasonable cost.
So glad to see Alex Hormozi on the show. I've been absolutely learning so much from this guy and his wife Leila from their RUclips channel.
Compound your knowledge and intellect, like you would want to compound interest on your investment. So much to learn. Let's Go!
In my sixty five and a half years of experience, and never being a high earner BUT solidly in the middle class and also twice divorced (not proud of that of course) and being BROKE after both of them but now happily with my love and both of us being retired - the answer is crystal clear to me; it's that old adage; it's NOT what you make, it's what you spend. PERIOD.
Great advice !!!
I watched his interview with Ken a while back and was really impressed with this guy.
Being an avid reader, I came across a report by Northwestern Mutual on the same topic and found that if I choose to put a lump sum into solid investments, I am more likely to have a higher balance over time. Being a novice at the time, I saw that as a queue to get into the market. That was quite the turning point in my finance.
@Inthemoment830 As someone who has lived through the 9-5, what comes to mind first is the safety of my funds, With the help of a pro financial advisor, Herman W Jonas, I’ve gotten into stocks particularly index funds and ETFs for the long term, splitting my funds in ways that have brought me huge ROI. I just reinvest and grow my portfolio.
@@Vikturneer Time is also important. To make money in the stock market, you need to give your investments time to compound interest and appreciate in value, as well as make sure to diversify your holdings and invest on a regular cadence.
Funny enough, I got on his platform too, I started in with a $18k initial capital that has appreciated to over $76k profit within some months. Although I feel the commissions are quite high but excellent service overall.
@Ughatton Sure,
Hermanw jonas (a g mal comm
Bots
Okay! Ramsey better be out here inviting RUclipsrs to the shows! Interesting and smart haha
Great segment. Thank you
Great message they can't take your education away for you.
I told my son and daughter that very same thing. Once you have your education and your degree, you can go to prison, and when you get out, you still have that degree. You can't mess up bad enough to lose that once you have it.
The combo I've needed for a year!!! Thanks for bringing Hormozi on! Now we just have to teach Dave how to say his name right. 😂
I'm in hvac sales and he's definitely right.
It's so weird seeing Dave being educated.
Good lesson for us. Stay humble and teachable!
Crazy collab I love it
Absolutely brilliant chat.
That was a really good interview.
There are a lot of armchair financial experts out there. I remember years ago a coworker would say it's best to modify tax withholding to the maximum so you could not worry about spending money. He also told people not to worry about paying down the mortgage because you always benefit from having the mortgage last as long as possible since you can write off the interest payments.
🤦🏻♂️
He’s correct on the mortgage. The government always gave tax credits forever
@katemiller7874 There are no tax benefits to a mortgage. My deductions, including the mortgage has never exceeded the standard deduction, even before the standard deduction was doubled.
@@dustinjohnson1410 That doesn't mean someone else's couldn't (I was able to itemize with my first mortgage at 6.375% 15 years ago). However, as you said, with the higher std deduction, it's not likely. I would say that if you have a lower rate (3% or lower) I wouldn't pay it off, but I know that goes against Dave's advice. That doesn't mean blow money, but invest instead of paying extra on the mortgage.
Experienced phlebotomist here in a wealth state. No way does a phlebotomist make 3x minimum wage. Lmfao! Nice story my guy!
Super dope to see Alex at that desk! I been watching Dave for a long time. Nice to see super powers combing.
“In the absence of clarity, do something”
Alex is the man!!! Hands down
Great wisdom here. We live in a great country that offers so much opportunity...if you make a plan and work towards it. 🙏 ❤ 🇺🇸
Thank you for sharing this!
Dave is not to sure about this guy😂😂😂😂😂
Could you please come down under and visit Australia?
I love Alex and the advice that he provides, the hurdle I see today is people are not willing to work or put in the effort to get there overtime. If it is not a very high salary or instant gratification and success people just bail out. Question is how you get people to work when they have no drive to do so?
You can't make the horse to drink. You just need to pick the right people and that's hard.
You pay them enough. I run a small business and pay my crew very well. Never have any issues because they can actually afford to live.
It's good advice: "Do what you know" or listen to those that have been successful in "X" area is a big part of the message of "The Richest Man in Babylon" as well.
Why people are afraid to get started in something new that would help them build wealth: “They don’t want the judgment they THINK is coming along from people that aren’t even paying attention to them to begin with.”
Great freaking podcast
Hormozi!!! You are an absolute beast.
@7:45 Things must have changed in the phlebotomist training field. Alex says it takes $500 and 2 days to get certified. I know a few people who did this 10 to 15 years ago and it did not take them 2 days + $500. Rather, it took them something like a 10 month training course (several nights each week, although I forget how many nights per week) + tuition for that training which was something like $12,000. Who knows, maybe Alex is right and the people I know who did this were mislead, not sure.
I left a comment saying something similar. For instance where I live at you definitely can't double or triple your income for minimum wage. It actually only pays around $14 an hour where I live at. They're using these examples that are extremely rare.
When he said entry level jobs 100k to 200k etc his co host gulped
So right about how broke people seek financial advice from other broke people
The immigrant edge is we come from countries that have nothing and we live fine on very few things so we can build wealth.
That is true. But also, let's not forget the immigrants that come here who are pests on the American Society or just trouble makers.
1000 hours of cold calling will teach you never to cold call.
The two guys I look up to!!! Let’s go!
“Poors people advice to make money” thanks for keeping it real, guys.
20 hours of focused work to become proficient at playing a musical instrument like a piano or guitar?! Not sure about that…haha. Everything else he’s saying though seems spot on and practical!
At least youll be 20 hours better than when you started
Only Dave can get away with calling a guest by the wrong name 😂 Hormoza
Alex is basically promoting Rich Dad Poor Dad
spot on, Alex, forget S&P investment, focus on your education....
8:33 yep investing in your skill set will help you for example am now a cleaner and am working on being an sia door supervisor it pays way better giving me more capital to do more and start moŕe❤
The craziest collab I didn’t expect
My neighbor has an RV (super nice one), a travel trailer, a boat, 2 cars, a truck.
All I see are payments.
Never expected this collab! 😮
Omg hormozi on the OG saver channel what an exciting episode I’ve been blessed with
Please point me to the entry jobs making $200k. Asking for a friend…
That's where the rich is out of touch with reality.
At your rich parents company or with their connections of course. You can run an oil and gas company with no qualifications with a starting pay in the millions.
Bursima is the only place I know of that pays that kind of money to people with no experience or training in a field.
HVAC filter change-out at a Level 4 Bio-Weapons Lab.
Overseas of course,
Those 200K jobs are so ubiquitous that everyone going into those fields will have jobs 😂.
Be you n thats the key to success
“A VALUABLE education…something that is USEABLE.”
The 2 day phlebotomist, yea you can get that cert, and become a vampire, but I would not want to be on the receiving end of that certification for about a year, or two. She is going to need a lot of practice in order to get good at it. By good, I mean not make the patient wince(or throw up) when the draw occurs. Also, steady hands helps. But sure, go to a community college and take a few courses in nurses aid too. It will all help.
Exactly
This guy really think it only takes 20hrs to proficiently play the guitar, or piano? Lmao.
Dedicated hours he's talking about focus.
I wondered about that as well! Still struggling along w piano! Lol
He’s saying the first 20 seriously dedicated hours is where you make the most progress. Coming from a guitar player myself, I’d agree. You can never have played before and have a basic understanding of the fretboard and learn cowboy chords within 20 hours of dedicated practice but what’s after that will come as slower progress
the collab we didn’t think we needed
"Experience is a mighty teacher" but also "the school of hard knocks" can be a very expensive school
Very good advice
Investing in skills/education is so important! YES! S&Me 500 I love that!
We live in a great country that offers so much opportunity...if you make a plan and work towards it. 🙏 ❤ 🇺🇸
What has he brought thats of value. 😂😂
Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.
Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.
VALERIE JEAN ZWOSTA
That’s my licesed Financial advisor you can easily look her up, Thank me later!
😎 feels good to be on the right team
Very valuable advice 👌 👏
4:45 people will put off getting proficient at skills, to not be judged by people who aren’t actually paying attention to them
Where’s the full episode?
Love from 🇮🇳 India
OMG Alex with Dave!!!! Much love Brother
I love how he said, it’s best to invest in S&P ME.
Preach Alex! Young people today are falling for the instafamous and get rich quick schemes and are forgetting about the most important and guaranteed investment, which is investing in yourself. Your father said it right your education cannot be taken in a divorce or fleeing a country
Amazing 👏
Interesting collab
This is the craziest crossover since Sora being in Smash Bros.
Education appreciates with time only if you are learning more and updating your skills cause you can forget :)
This guy is Awesome 👌 👏 😎
Woah didn’t expect this collab
GOOD ADVICE AND IT IS USUALLY BEST TO STICK WITH THINGS THAT WE UNDERSTAND.
THAT BEING SAID, THINGS DO CHANGE, AND WE ALSO NEED TO BE
PREPARED WHEN WHAT WORKED IN THE PAST DOES NOT WORK TODAY.
HIS ADVICE TO DEVELOP OUR EARNING ABILITY IS THE BEST INVESTMENT IN OUR FUTURE.