Wow I'm just shock someone mentioned expert mrs Olivera Jane khumalo I thought I'm the only one trading with her, she helped me recover what I lost trying to trading myself
Have been seen post everywhere about Mrs Olivera Jane khumalo and a lot of people keep saying reach out to her, eventually I did and it turned out to be legit
I remember when the pandemic caused a layoff at my job and I, by the grace of God kept my job but got hours cut, I remember being so thankful that my only debt is my house. We would not have made it otherwise.
I dont know how people are or have been. Thats what woke me up. Ive been in paying down debt mode since. It got scary. I only have about $10k but still. Its more to pay monthly. It all adds up when you have to work extra harder to pay bills every month
Excellent. Love Dave Ramsey. Following the baby steps changed our family’s life. Debt free for the past 3 years. No credit cards. Paid for cars. Lead your family well and follow these baby steps.
How are you leading your family well. . when all youve taught them is to pay for permission to live. . while all other life lives rent, mortgage and bill free. . lol but i guess teaching your offspring to pay for permission to live is a great achievement 😂😂😂
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
With the help of an investment advisor, I was able to diversify my $550K portfolio across multiple markets, and in just a few months, I was able to earn over $950K in net profit from high dividend yielding stocks, ETFs, and bonds
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
This is why we listen to Mr. Dave Ramsey. He's a leader, doesn't seem to take himself seriously, loves life and has grounded values. Very human and well meaning. Will always wish him long healthy life and continuous wisdom
Dave Ramsay’s foundation was from scriptures in the Bible and he got it and ran with it. “He who has ears, let him hear.” Discernment and Wisdom. Love Dave Ramsey 🙏🏻❤️
I'm not even kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it, Investing is a long-term game, so I try to focus on the long term.
I cannot focus on the long run when I ought to be retiring in 4years, you see l've got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/ unstable market doesn't provide any calculated risk opportunities to make profit?
There are a ton of strategies to make tongue wetting profit particularly in a down market, however such advanced trades must be done by proper market experts
I totally concur, I have been consistent with my profit regardless of the market conditions, I got into the market early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from an investment adviser that was recommended by a popular economist on a popular forum, long story short, its been years now and I've gained over $850k following guidance from my investment adviser.
If that is the case, it would be an innovative suggestion to look out for Financial Advisors like Olivia Maria Lucas who can help shape up your portfolio. Trying times are ahead, and good personal financial management will be vital to weather the storm.
Don’t borrow a penny for a damn thing! I’m 25 and had 2 credit cards and borrowed for new vehicles and am currently getting out of the mess I created for MYSELF. So take it from someone who did it the normal way….listen to Dave and all of his videos, podcasts, and radio shows. You’ll be SO much happier and wealthier than 99% of those in your age group. You got this!
This segment from 15:10 to 16:30 or whenever Dave concluded the personal trainer analogy was on point. People look to avoid getting over themselves and blame a third-party entity to justify it. Don't be that person
Love being in control of my finances. It’s less stress holding the reins, then being the horse. Going to pay off my 15yr house loan in less than 10yrs. Looking at next vehicle, ouch it’s crazy out there.
This video is so needed! Right on once again Dave!;) And by the way I used your method to get out of 25,000 in debt in the last two and a half years! I'm debt free! First time in 19 years!
Dave...the Lord has allowed you to lead a ministry, and of course the enemy will attack. Thank you for holding steady. Finances, Children, Sex = 3 main marriage struggles.
Wow, just listened to Dave Ramsey last night on the Janet Parcell show on Moody radio. Not the same show, different approach for the same book. Tailoring for the audience. More stories, I like that.
Dave never leaves his show lol. You will either come to him or he does virtual. Very rare to see him literally there. Just something I notice in his most recent interviews. But Glad to get an interview with him nonetheless.
I've seen him at a few places but you're mostly right he has just reached a point in his career and fame that he doesn't have to travel people will come to him. Also he has been slowly trying to hand off the reins to other personalities at his company...
@35:48 I do that too. It is an expensive and unhealthy habit. During covid I put on loads of weight for that reason. I now need to come up with a plan to avoid self medicating on burgers and pizza. Still lost three stone that I put on. At least 3 more to go to be a healthy bmi for my height. But at least I run regularly now and eat healthy home cooked meals.
I appreciate you and your team my life has changed sense now I’m flowing your plan I see the best of my life to come so thank you Dave God Bless you all 🙏
This was a podcast I was trying to avoid. Its so convicting. But I sat through it despite my attention span and my conscious trying to reason me away. I need to get back on the "financial horse". I would love to be able to give, not just my children and loved ones but to charitable causes as well. That would be my greatest joy.
I actually really appreciated Ryan doing this interview. it seems that I am doing a lot of what Dave said already ive been doing it for over 10 years and i'm 33 now. we own our cars, my job allows me to put 10% in my 401k I do it as Roth. and that's just me not including my wife who gets that too. Still got a mortgage but putting extra on it to pay it off 10 years early hows that Michler! BAM so I got about 18 years left but hey Ramsey said in like the first quarter of the video it takes that amount with the snowball but its like a guarantee probably can't put 15% in my 401 until that happens.
The funniest thing is when people say Dave is only good for getting out of debt. Meanwhile, 80% of Americans are still in debt. And he's worth $200 M+ . Clearly, you don't get that much money by ONLY being debt-free. smh. Obviously, he knows what he's talking about beyond being debt-free.
The baby steps are not about math, it's about habits. Change your habits, change your life. You can say, "well mathmaaaticly, it should be a different way". He says to that point, If you follow your math then is that working for you? If you're not in the place you want to be then the math is not the problem, it's your habits. It works, just do it!
Interesting! I bought Rental Houses when the Market was Down and now it’s up so, needless to say, It was more than the 20-months he talks of but, it seemed quick to me!
I'm still baffled why so many people have so much trouble living on a written budget. If you live on a written budget not only will you get out of debt but you won't go into debt in the first place.
Wealth can mean there has been success but success doesn't necessarily mean you are wealthy. Wealth means different things to different folks. It might mean having their dream job or moving to the top of the ladder, or living within their means but never wanting for anything. What is your real vision of wealth?
Why are approximately 42 million Americans, or 13% of the population living below the poverty line if times have never been better for the little man to get ahead? Is it possible that (currently worsening) poverty is built in to the current form of capitalism?
This podcast could go either way pretty quick. Dave is great when it comes to getting people who are awful at personal finance out of debt. However, he gives terrible advice after that. Not using credit cards and paying cash for everything, buying expensive mutual funds etc. I've listened to Dave's show many times and there was one episode that really stood out so much that I could no longer listen or take him seriously anymore. A gentlemen called in and said he felt so strongly that god was telling him to sell his house and use the money to help the less fortunate. The gentlemen mentioned he has 1 child who wasn't yet in high school. Dave eventually said if you feel that strongly about it that you should go ahead and sell the house. I nearly tripped over my jaw because it was on the floor. Couldn't believe he said that. Haven't listened to him since that.
@Prey R What do you consider expensive mutual funds? Anything over 1% MER, 2%? Because there are many S&P/TSX ETFs under .50% MER. Stop giving people an avenue for excuses. You are making nothing on your investments right now with 2% MERs yet people are sold a bill of goods.
IF the Government gave a .25% discount on your Taxes if you had a 3-month Emergency Fund, would more people have one? Think about this, the Government wouldn’t have had to give out all that money if enough people had one! Debt, .25% discount if none too!
Great interview but it's just that -- an interview. While he touches on some of the steps this was not a step by step guide to building wealth. Yet another misleading title to capture views. This was a good introduction to a wealth building mindset and principles. Would like to see this a continuing series to truly be a step by step guide to building wealth.
No the economy categorically is cake not candles. Fact. The shifting of huge amounts of wealth to the 1% or 0.1% categorically leaves less cake, not fewer candles, for the rest of us. Read your Piketty (Capital in the 21st century) before using the candle metaphor. On baby steps, great, more power to you. On whole economies, categorically wrong. Look in the data.
Americans are good at vilifying those who stick out?! What?! You have not been to literally any other country in the world? Why do think we immigrants come here, man? It’s precisely the opposite. While there’s some of that jealousy, which is part of our human communitarian nature, America is the place where successful people are celebrated.
Man he was reading my mail! 80% behavior. I guess I actually DO have to be accountable, responsible, and consistent. I wish he would’ve expounded more on his comment about trust fund babies toward the end of the video. Did he mean that they all get a trust fund so no choice in that or that there is not trust fund so earn it yourself (and again, no choice)? I doubt he would not pass on the accumulated wealth but I would’ve liked more of an explanation of that comment.
Baby steps based on largest survey of self made millionares and biblical principles. Many so called "experts" today love to play with debt rather than not having debt. Whereas in reality, "borrower is servant to the lender".
Ah the beauty of ignoring externalities and praising those who are wealthy without question. He states there are good and bad in both the wealthy and the poor categories and then lambastes anyone who would question how SOME people acquired wealth. His lack of appreciation for how unregulated and immoral the current form capitalism has taken is galling. There is a balance…and Dave is a good guide to helping people create financial freedom, but I don’t want him making financial regulations when he says a criminal can’t prosper over 30 years…
@Prey R There needs to be more nuance when any speaker makes two generalizations that are contradictory and in fact lead to the biggest problem I see with people who say “stop attacking the wealthy”. I am on my own way to building wealth, but I have dealt with many scoundrels on the way up including entire businesses predicated on producing wealth through deceit and taking advantage of our fellow man. I have not yet seen the hate he claims there is for the wealthy, but appropriate hate for people who hide from wealth gotten by doing bad things. A truly godly and honest business I have never seen fail “because people hated the wealth”.
@Prey R please re-read Deuteronomy 23, Leviticus 25, ……and plenty of other places that warn of usury and other behaviors that IMHO are allowed and seen as viable by the crooked. Just because the law allows you to pay people less money than it takes to pay for a place to sleep does NOT make it righteous. If you can’t run a business by taking care of people so they don’t need government assistance then you are a blight. I would agree businesses do tend to move away from overly onerous taxes. But some of that movement has severe downsides (supply chain?). And the tax dodges that the wealthy have are INSANE. Others in my area of expertise are already advising me about using Tax dodges I need at least 200k to attempt but that reap huge “benefits” legally. I truly believe we need a simplified tax on exchanged money and a total removal of donations from politics (a candidate can spend for their campaign communications the average salary of a worker in that state for 1 year maybe) with abolition of all other advertising for politicians. Let their deeds speak for them. It would allow laws that focus on taxes going to support the things important for what you describe (for me it is better transportation routes so products can be delivered in a timely manner).
@@TheSultan1470 Few people ask for actual, constructive criticism. Even fewer can tolerate it being leveled at themselves or others. Also, I don’t remember asking for yours either, but here it is to entertain me!
Love Dave Ramsey but his definition of socialism is incorrect. Socialism pertains to who owns the means of production, and extracts the wealth from those means. It doesn't mean absolute equality regardless of effort and endeavor, which is how he portrays it.
Sorry Dave you’re wrong! Dead wrong as the little man if I want to start an excavation company I need a truck trailer backhoe/skid steer commercial insurance ect that’s over $100,000 dollars just to start and nobody can pull that out of nowhere only way is take out a loan and Dave preaches against that
No, Caleb, you are wrong! You don't start an excavation company by digging yourself a $100,000.00 hole before ever beginning your business. First, you fill in all of the holes in your life, get the bills paid, get an emergency fund, and then you eat beans and rice, rice and beans, while you build your company all the way from a hand shovel on up. In the process, you will learn how to run that company; what works and what doesn't. You will grow as your business grows. I own 15 rental properties in working class neighborhoods. Nice 3 or 4 bedroom houses. All rented at top end of the market. All were bought for cash. Today, the rents go into a savings fund until there is enough cash in there to buy another house. I started with $50,000.00 in student debt and have baby-stepped my way to being a multi-millionaire. Dave Ramsey is right on!! Thank you, Dave.
Why are approximately 42 million Americans, or 13% of the population living below the poverty line if times have never been better for the little man to get ahead? Is it possible that (currently worsening) poverty is built in to the current form of capitalism?
