How To Become A Millionaire - Dave Ramsey Rant 

I needed this. All the way from Scotland.

So what is the growth stock he's talking about?

Still waiting to find out.

@@Savannah-ed4rv Stop waiting. Figure it out yourself. You sound like you create problems for every solution.

Justin , I think it's legitimate question when he mentions it so often, and I fail to see how asking a question is causing problems? If no one had questions, Dave Ramsey wouldn't have a daily show! !!

Both individuals and companies make financial investments with the intent of maximizing income or earning a profit.

TIMOTHY ERIC MEEK said investments are held for a specific interval of time that is called a time horizon.

He is right, an employee beginning a career could hold onto retirement investments for a few decades, while an investment firm may hold and sell an investment within a few days.

According to an expert like Timothy Eric Meek, financial investments could involve one or many different types of assets that are usually bought or sold based on a specific investment strategy. This determines how they are combined in a portfolio.

@@rosannaconstil571 How can i reach him as soon as possible

Absolutely, financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. It's never too late to start managing your finances wisely and securing your future.

Financial management is crucial for long-term stability and peace of mind. Avoiding it can lead to missed opportunities and financial difficulties. Working with a financial adviser has really helped me get on the right track and secure my future.

It's great to hear how beneficial working with a financial adviser has been for you! I'm definitely interested in working with a financial adviser myself to better manage my finances and secure my future.

'Rachel Sarah Parrish, is respected in her field. I suggest delving deeper into her credentials, as she possesses experience and serves as a valuable asset.

She looks to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path with my savings worth bout $150k.

Even with the right technique and serious cash some investors would still make more than others, as an intending investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to an invėstment advisėr for guidance which is how I was able to grow my account to a million $$, withdrew my profit right before the correction and now I’m buying again.

The thing is that I really don't like making such recommendations. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now and she's made decent returns. If she meets your discretion, then you could go ahead.

^ this is a scammer replying to himself

​@@IIIlIIIIlIIIII ^ this is something that should be more obvious but is scarily not because the bots are learning.

I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key. For a successful long-term strategy you have to seek guidance from a financial advisor.

@@kaylawood9053 I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

As a new investor it's always great to hear from a person who has gone through all the difficult times and come ahead of it. What are some strategies i can employ to be successful?

I have “Sharon Louise Count” as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. She's a Google-able person.

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

Im laughing my A$$ off!!!!

😂😂😂😂

I think it is natural to the Ramseys. I had a teacher name Mrs. Ramsey. 😤😤😤. I'm telling you she was LIVE on our (students) face. 🤣🤣🤣🤣

@@naynayblue8915 not to mention Gordan Ramsey lol.

@@nllc9779 I'm sure they are related. There is no difference whatsoever.

"Its your fault Latte Breath!!! Drop down give me a written budget for this month!!"

@@TANQ31 haha..! Dave is really good with what he's doing. Do you invest too? How is it going?

@@eddienorman338 man im killlin it. Paid off my student loans in 2013 (about 25k), paid off credit cards same time (about 5 k). All while saving enough money to buy a condo cash in 2016. Then put 20 percent down on my house in 2017. I just turned 30 years old. My secret? I Listened to dave and also am waiting to get serious with a woman. Those two things have put me ahead of the game. I lived in a trailer when paying off my loans/saving money for real estate.

@@TANQ31 Amazing! It feels good to be one step ahead man. Been investing in stocks for over 7 years. Currently have a managed portfolio at Lumentrades yielding 10% to 15% on a monthly basis. Isn't that awesome?! Everything gets in place when you make the right move. If such investments will interest you, just give me a shout here for more info. Cheers!

@@eddienorman338 yeah those yields are good. I diversify heavily in my assets. Gold, silver, company stock buying plan, sep ira, roth ira, cash in the safe, real estate. One day my stuff will be paid off and I can just fish all day 🤣

100% agree. I’ve learned more here than I ever did in my economics class.

Well now in my school there's a personal finance. I got an A on that class and I used my time and knowledge on it wisely

We had this in our finance elective class 2015, and im still checking in on dave 😅

In my school the teacher made us watch all his videos!

💯

jonathna11 or just both, no point having guap but not looking fresh

👏🏻👏🏻👏🏻👏🏻👏🏻👍🏻

You could also " Think Rich and grow Rich". This is an actual book by Napoleon Hill who was Thomas Edison's mentor. Also a Christian.

@@FairScale-tx1qv I would steer clear of Napoleon Hill I was reading his books and stoped hes not Biblical sound

Why not be both?

Facts!!!

Fraydizs very true 😂😂😂

Right!😂

Underrated comment.

Which says a lot about your chances of being financially successful

How’s things going?

Same here we were surrounded by mediocre people

I'm 30 also! We got this! 💪

Jake Calle 30 crew lets save!!!!!

I’m 35 but never too late to start. 30’s we got this!

I’m 23 and I’m starting to save money. Learning how to budget.

@escow nagejac why the piano tho.

@escow nagejac a pretty good advice for any young lad. I guess you must have been into investment for a long time. How is it going?

I feel the same way! Im tired of it already.

Historys Glare yes indeed

@escow nagejac you forgot, don't drink, don't smoke. don't do drugs, follow the law, don't cheat, don't lie, don't steal, eat healthy and always be humble and kind.

Invest if you actually want to be wealthy. However, you should get guidance from a financial advisor if you want to create a successful long-term plan….

Having an investment adviser is the best way to go about the stock market right now, especially for near retirees, I've been in touch with a coach for awhile now mostly and I made over $800K within a short time

With 700 k if you still have it lol I would use 6 100 k CDs because APY is up to 4 to 5% and then have that other 100k for emergency funds debt or whatever have you.

Place in an S&P 500 ETF like SPLG, SPY or VOO and earn yourself an average of 10% per year.

​@@zahairobrian671 lies

lol

I thought it was hilarious 😂😂

🤦🏼‍♂️ millennials!

I did that weird crying laughing thing.

What's with the violence?!

You are all older, so $0 in student loans is a given. A lot of people don't have the upbringing you have. Your parents taught you to save I am sure. Some people worry about their next meal, even if it was rice and beans. Point is, anyone can do it, but not everyone gets the same opportunity.

Guns n Roses perhaps I wasn’t clear on the student loans since I tried to be brief. My parents paid every cent of our college education and taught us to invest. Everyone has the opportunity to spend less than they earn. Their decisions will dictate their behaviors. So much more information than when I was young. Young need to embrace a lifestyle that provides a bright future, whether fiscally or psychologically. There is no excuse if this is what they really want. Need to be taught and realize there are no excuses.

Yay for your testimony. Love it. I celebrate you!!!

Malisha Goggans I am humbled and thank you for kind words. By the way, I will be doubling my wealth every 7-10 years, as do my parents.albert Einstein referred to Compound Interest as the 8th Wonder of the World. Truly amazing! I love each and every day!

@@pjpatriot248 how are you doing that?

^ this is a scammer replying to himself

CycleCruza what you doing here?! i watch you're channel too haha!

"The problem is broke people are trying to live like rich folks" actually what I am doing right now, was actually the opposite a few years ago, got me into some pretty serious trouble too. Can't thank Dave Ramsay enough really and on top of that (speaking as a decent person) his views on pretty much everything I really respect and he makes me laugh too! I think part of the problem was I was thinking I could make more money to pay things off but realistically the way I was going about it was entirely wrong, it may still happen when I do that (make more money, got a few plans and ideas, which even if some or whatever of them may fail I'll still enjoy the process) and make something out of the ideas I have. Going to be a good year for me 2018 as this one just gone hasn't been my best year at all, in fact probably one of my worst, glad to get shot of it but we all have good and bad years.

I watch your channel a lot 😊

Big fan Cruza!

Stop being a "panzie" and invest! 😂

Its been a year since your comment. Are you still following this plan?

Something I’ve learned from my first bear market: You don’t have to outperform, just survive. If you can survive and let your competitors blow up you’ll be the only one left and in a better position than before.

@@Blitcliffe Building a good financial-portfolio is more complex so I would recommend you seek professional support. This way you can get strategies designed to address your unique long-term goals and financial dreams.

@@corrySledd Working with a professional to develop a well-structured investing portfolio is a wonderful approach to get started. That's why I've been working on my dealings with “NICOLE DESIREE SIMON”. Because most traders enter the market with the intention of making a quick 10% to 20% profit, I've learnt to remain patient with the market. They miss out on the massive gains since it trades at a P/E ratio of 40-50.

@@AUstinnesc Glad to have stumbled on this conversation. Please can you leave the info of your investment-advisor here? I’m in dire need for one.

@@McElvinn NICOLE discusses topics like insurance, retirement planning, investing, insurance, tax benefits, and techniques to reduce investment risk volatility. numerous instances of that. Just Google her complete name to see what it says. Finding her shouldn't be difficult because she is highly recognized...

Well bro 😂 I'm fresh and new 18 years old, I won't make the same mistake.

@@sosa3831 bro I'm 20 lol...really want 1 mil by 25...a qtr mil would be good also...just grinding day by day!

Bralon Foster let's do it bro 😂 come back to this comment when you at a quater

@@sosa3831lol okay! we're not going to get it by saying we want it and typing on youtube..see u n 5 years bro!

Bralon Foster Ight you better answer though

Congratulations!

You're living the dream! Good for you.

Great job! Your hard work and dedication is an inspiration and example.

***** how did you do it? what do you recommend I can do with no risk?

Allan Schwartz No risk? There is no such thing. Long term investments, frugal lifestyle, and don't buy things you can't afford.

I hold enough in the bank to pay bills, everything else goes to investment

though most people has the zeal of investing, but they do not know where and what to invest in and be successful

Anyone who wants to be successful in life should first have the mindset of the rich. Spend less and invest More. Don't give up on your dreams!

Talking about investment, is there anyone Who knows what one can invest in and be successful? I really need to invest to avoid rat race during retirement.

​@@KellyClarkson-qn5gonot because of ignorance scammers are everywhere

Best plug

Might as well drink it you already bought it!

Hahaha

Exactly stop buying into the consume, consume, consume ideology. It'll save you thousands just by not partaking and trying to keep up with the media and 1% whom are gifted most of what they show off in the media.

The only reason everyone likes Starbucks because it is loaded with sugar and creamy milk. You can easily make it at home if you wanted. Even better, learn to drink coffee black no sugar nor milk.

I quit caffeine 3 months ago and never looked back

CadenKnight 😂😂

Right 🗣target is the devil 😩🙇🏽‍♀️

Lol

Lol!!!

I feel personally attacked lol

Excellent.

Lol

🤣🤣 felt like I just got scolded

😂😂😂

😂🤣😂🤣😂🤣🙅No turkey🦃

Sorry but hey,you can buy your own Turkey😁

😂

Wise Jvckson HAHA

Bwaaahahhhhhaaaaaaaa....OMG!!!!!! hilarious!!!!

spammer

In my view, I would say, buy good companies and hold them as long as they are good companies. Just do this and ignore the forecasts and speculations which are at best entertaining but completely useless.

Any much good stuff still going on in the market regardless of the soaring inflation and crash? I see people everywhere on the tv saying they made over $400k and I'm left to wonder, how do they do it?

A positive investor is one who sees opportunities in every market cycle. Not in the sense of FOMO. But one who sees all the good stuff that can happen even in each market cycle (Bull/Bear). That is foresight, One who takes advantage of even the bears. A positive investor the real MVP and the winner at last. Seek for the help of Portfolio Managers, that is what worked wonders in my portfolio

Where can I find this Advisor?

the inv-coach that guides me is KATHRYN ALETHE HALL , she popular and has quite a following, so it shouldn't be a hassle to find her, just search her

Your teacher just saved your life.

School teaching personal finance.... Your teacher has broke the fabric of the universe! Anyway... Good luck man!

Same! it was in 7th grade and, unfortunately what she said didnt stick with the the other students, but it really got me interested in finance!

That’s a great teacher

Keep watching his stuff and don’t forget it! If you’ve managed to stay out of debt, don’t let yourself fall into it. If you can’t afford college, go to a trade school and get in a field that can help you cash flow the education you want. Doing it that way may take a little longer, but it’s well worth it. I didn’t start going to school for my dream career until I was 25. But doing it debt free is such a game changer!

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

I appreciate entrusting investment decisions to a coach whose expertise centers on leveraging risk for its asymmetrical potential. Over the past two years, I've made over six figures working with this coach, benefiting from their skills in navigating the market.

this is definitely considerable! think you could suggest any professional i can get on the phone with? i'm in dire need of proper portfolio allocation

I'm guided by Camille Buck Merrick an experienced coach with extensive financial market knowledge. She offers valuable insights, including entry and exit points for the securities I concentrate on

Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Camilla.

Dave Ramsey is hilarious 😂

I can certainly believe that. That bit is hilarious.

The “SHUT UP” is what got me rolling! 🤣😂😅

I'd like to see you laugh when life hits you like an 18-wheeler People like you literally have NO CLUE how cruel life can be

@@catt99mahal8 😂😂😂😂😂

U smart.

How’s it going now?

I am 17 and have 23,000,000 dollars for retirement!

You're far behind.

Tyler Leese good job! Keep it up,

I’m 7 and have 600 million saved. Stop being lazy like those cripples and less privileged!

That’s it? I’m 20 and have 25k

Just start now with all of his advice. I'm about to graduate college, and I wish I had started listening this at 17.

At 17 if you start now you will be a multi millionaire no exaggeration

It's best to seek an advisor right now, unless you're canny yourself. As a business owner in both the service industry and eBay reseller of all product categories, I can tell you we’re in a deep recession and everyone is running out of money.

I agree, having a brokerage advisor for inveesting is genius! Amidst the financial crisis in 2008, I was really having inveesting nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850k with the help of my advisor from an initial $120k investment.

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

There are a lot of independent advisors you might look into. But i work with Carol Pasol Lewis and I have been working together for nearly four years, and she is excellent. You could proceed with her if she satisfies your discretion. I endorse her.

thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly

The 'perfectly healty' part is probably the most important thing in your comment. If you've got your health, you can make money. If not, suddenly things become much more difficult...

Javier E How did you get to save so much money?? 😲 Share your secret, Educate us

United State of America is indeed a dream Country/Land of Opportunity for everyone but its rather unfortunate am not there yet . Any plans or help to make it to This Dream Country Please ?

Fear Zero as in you’re an adult capable of providing for yourself. Everyone is

Patrick Brown what do you do for income?

40% is a lot...

Christina Day depends what you make 40% of a million gives you a lot to live off of.

Dang!!! Amazing!!!

I don’t even know how to open a 401K ???

making around 32k a year, nice job.

muscleunlimited he helped ur nation a lot bruhh..im a Malaysian and found his videos are eye openers at least for those young starters😁😁

muscleunlimited im 20 and love his ideas hope its gonna pay

muscleunlimited beautiful testimony Hun, keep striving for the best :)!

Matthew Gruszka p

And that’s how you end family curses.. good job 👍🏼.. my parents were like yours.. I told myself I won’t be like them.. I’m debt free and trying to grow generational wealth

DaxXx988 so is people’s debt! That’s why Dave’s podcast blew up! I’m so glad I started listening. Wake up call for America

Dave’s kinda rough here. :-)

seeker jay It's only 3rd world by the Riverton Dump though right? As long as my fellow Windies don't watch tv and get big eyes for this fake Yankee lifestyle they should be able to save. I do a sou sou all year and save a lot lol

same exact situation on my part, no more drinking and no more bad friends

I'm jamaican as well. Born and raised in spanish town. Moved to the U.S when I was 15yrs old. I discovered Dave 2 yrs ago and even tho I hate his politics I love 95% of his financial advice. D money yuh save you affi go invest it becuz sittin on it nuh go help u out much. Look into investing it somewhere here or inna a larger and faster country than back home

@@ThatGuyDownInThe hey, good job!

Big up yaself !

"You have NOTHING" :)

Benjamin Stasiuk keep chugging along man, I just made a $3,500 car payment this morning

Robert Atkins phew that’s cool man

Robert Atkins keep it up bro

Great job bro

Still doing that ? Lol

@@elbarbu5097 Why would you stop?

Hows that $400 doing sir

@@bitronicc1887 Id say he stopped at $200...

I'm still going at it lol. Thankfully I'm still working full time and got a temporary raise for whats going on

Amen. How can your brain function when you are constantly bombarded with BS? IT CANT, AND THAT IS SOCIETY AND THE ECONOMY'S M.O. don't fall for it. Sit in nature and in silence as much as possible and you will be a OKAY.

good job

Yeah brother, I think you're going to do just fine.

You need to go back to school, or at least get your GED. Then you should really consider learning some sort of trade that is always in demand. Whether you are going to college or a votech school. I think you will find that if you have no skills that are in demand, you have to take whatever work people will give you. That is not a good way to live.

28 $80000 saved up

My first job 2003 , I was on $ 6 hr , by 25 I was on $ 40 hr in a Engineering company

After watching several RU-vid tutorial videos about trading I am still making losses, please I seek for a better website

Venturing into the forex/stock without an adequate orientation with a professional broker for accurate signals, you might lose all your hard-earned money

Successful trading require discipline, patience, adaptability, mental toughness, independence, and forward thinking.

Absolutely! Also, it's never been that easy and cost-efficient to actually invest. What a great time we are in!!

When we asked our followers from different platforms what are their immediate financial goals, most of them said that they want to make their first million. So that's what we're doing today.

RettigJ Hi, I’m just starting and would Like to save money. What company did you choose to go with and why ?

RettigJ i put 1000 dollars i to a mutual fund at 16. Dude we are gonna be multi millionaires

mason essary no you won’t... not if you don’t have monthly contributions aswell

@@Blessed6597 hello would you be willing to hear me out about a company that I am a client with that offer Roth IRA's

Right on brother!

Theresa B in theory. remember "he's retired" NOT! making a killing #fpu is a diamond mine (u kno about diamonds rt?) &hooked he's daughter up too

Reginald Green your point is?? He has what you said BECAUSE of what he says he does in the video! He was broke once too DONT forget or be fooled by what his life looks like now...

Please show me in the Bible where God calls us to be retired??? Retired is a fallacy just like American dating. When I was in Bible college I don’t ever remember reading in the Greek and Hebrew where God calls us to the easy retired life where we sit back, take it easy, and do what WE want. I used to listen to this guy all the time, until I wished up and realize that he doesn’t teach anything different than what I already have learned. It’s simple, just like losing weight, reduce your caloric intake by 500 calories and exercise and you will lose weight. Tithe to God, live like you are poor and save like you are wealthy and live within your means. This is not rocket science. Besides, God created work for mankind to enjoy. Retiring in life is an American fallacy and isn’t Biblical.

Mike Lee, he actually doesn't recommend people not to work if they plan to retire early. He suggests to stay busy doing something you love doing, not forced to...

well people in the Bible old testaments live like 400 years... there's no retirement for people that can live that long.

Ramsey he is The My Hero .... thankyou for all... ramsey team

Amen!@@myonghan1260

Lol it’s been 9mths.. hope you have 900 saved up since then xD

Right? 😂

Lol right. Just make your own lattes :P

LOL right!? I hope he doesn't catch me with a mocha frappuccino!

A latte a day is £2.50 here, one a day at work is £12.50 a week, £50 a month, £600 a year. £6k over a decade before you've even put your money to work. So, yeah I'm now making the most of the free instant coffee at work!

That's a great analogy. I'm gonna try and get my kid brother into saving & investing without bombarding him with the jargon too much.

The next best time to plant a tree is this year cause corona gives us opportunity

The best portfolios are diverse ones people forget about, and ones of deceased people whose children didn't know about it. I listened to a financial planner who quoted a study that showed these findings. Your broker or planner should update you and send you yearly reports, but the ones that do the best don't look at the numbers, or if they do they skim over it, make sure it checks out and move along with their life and not worry about it. I'm sure a lot of millionaires will say they don't spend every second checking the market or their portfolio. They are living their life enjoying it debt free.

Lol

Lol!!

😂😂😂

I'm offended. Hahaha

Hahahhaa

The dramatic volumes make it better X-)

Be my wife

@Héctor Z stop inceling.

Hey sexy gal, I’m thirsty

@@bitronicc1887 Absolutely agree with you.

Bri Love me too 😂😂😂

Latte breath *spell check*

lol! same here buddy :P

Bri Love *breath

Start saving bro you should be 1200 richer now

I agree with this

@@lizzyogunmeru5650 Not having a car payment works better!

Amen!

😂😂😂😂😂

It's all garbage anyways

Do And Brew - DIY wow good job. Thats what i want to do

Congrats man! I love it!

How exactly did you make the budget on Excel? Do you have any references that I can use to make a budget of my own? I Don't really know where to start on making one

DOUBLE0SEVEN I just made one today! Start with your monthly post tax income. Start subtracting your fixed expenses and your non-fixed expenses, then start budgeting the remainder with the remainder of your expenses like restaurants, groceries, amount of monthly savings, investments etc. Learn and adapt your budget as you go :)

Congrats!!!

lee maitland could you please recommend some books for someone completely new to finance I'm only 16 but I want to learn

Definitely, the best books I have read, rich dad poor dad, the 7 habits of highly effective people, the compound effect, the slight edge, think and grow rich, seneca and the Shortness of life, and how to win friends and influence people. These are all good books and I have yet to read dave Ramsey books too. Good luck.

lee maitland I've read all the books that you listed.. Check out Chris Hogans book Retire Inspired (he works for Dave) also all of Tom Stanley's work, The millionaire mind, The Millionaire Next Door, Stop Acting Rich and Start Living Like a Millionaire.. T Harv Eker has a book The Millionaire Mind.. All very good reads.. And when Dave says 85% of Americas wealthy are first generation rich, all the books I outlined prove that! They aren't the cliche that people think they are. They simply talk about how Americas millionaires got rich.. Coincidentally enough by doing 3 things.. Staying out of debt (out of the 85% self made millionaires, 70% of them have ZERO DEBT) living below their means, and having an annual financial plan, broke down into a 12 month budget, saving for purchases, living in a modest home, driving a nice, but used car.. Very interesting.. I've been a follower of Dave for 5 years, and I've been debt free for about 4 years, and it's the most FREEING feeling in the world

Thanks for the recommendations Nick, I'll add these to my reading list, I have also recently read Dave's Daughter Rachel Cruze's book 'Love your life not theirs', its a very good read. I have also read 'The Go-Giver' which is an amazing story. Congratulations on your success and best of luck for the future.

Thank you sir!! His principles are def worth living out!

10akee let me guess net worth around 1.5mil?

That's outstanding. Well done to you both.