The RICH Don't Listen to Suze Orman and Dave Ramsey! ft. Robert Kiyosaki (Rich Dad / Poor Dad) 

Total bullshit. The guy on the left has weird hair. Kiyosaki is a piece of shit. These clowns are spewing out nothing but bullshit.

@@busterbiloxi3833 What's your net worth?

@@busterbiloxi3833 Very true...debt = slavery and people with money that lasts don't go into debt except in certain situations and for a very short time.

@@organizationlady3138 You hit the nail on the head and to sell books! Debt = slavery.

@@busterbiloxi3833 haHA

In reality, no one is completely wrong. It all depends on your presonal situation.

medviation great point. Peace of mind is sooo key. You have it. You are your greatest asset. Keep up the generosity and invest in what you know. Follow your intuition and love your life.

I tried rdpd too. I wasn't expecting the ill health,dodgy plumber, crap job and psycho stalking fellow student all if which messed up my "mindset." Number 1 needs to be Roger James Hamilton and Wealth Profiling which allows you to identify which style of wealth building and income generation suites your personality.

Education - experience - excess cash. You probably skipped the education part. It's strange when people fail they blame a method instead of looking at themselves and ask what they did wrong and what they could have done better.

One thing I really like about Robert Kiyosaki is he NEVER says it will be easy or quick. He talks about the struggle and pain of failure, and how struggle builds character and makes you better. Maybe you messed up and didn't do it right, instead of learning lessons and getting back up and going at it again until becoming wealthy, you gave up and instead turned to Dave Ramsey's poor mentality... With that said, I agree with Garrett- the Rich Dad Poor Dad way is not right for everybody, and ultimately you need to do what makes YOU happy

Absolutely have to be in the right place, but more than anything the right mindset. One of accountability and responsibility for our finances. I think learning to think in terms of value creation and production is key. Paying off inefficient loans is great. Building up cash reserves is essential. From there it is about learning how to become a better investor. Investing in what you know and making sure to have risk mitigation and management for changing economies. No one will build wealth if they just do it mindlessly, yet far too many people want it that way. Great assessment above. Some people are good at real estate, most aren't. Many people just hand their money over to the stock market hoping it will do the trick, it has it moments, but not what people expect most of the time. It is important to invest in yourself because risk isn't about the investment it is about the investor.

Dana Robinson good point sir! It’s a package

BRAVO!!!! Dana Robinson!!! WHOOOOOO!!!! BRAVO! BRAVO!!!!! WHOOOOOOO!!!!!!

If you like Dana, You can add me to your friends list. I like what you posted.

Everybody is on their knees fellating you, but you totally lost me when you mentioned that con artist Suze Orman. That woman's as phony as a 4-dollar-bill. You didn't even spell her name correctly. Were you one of those duped into signing up for her wonderful "Approved" card? And how many shares of Theranos did you buy and hold up for the world to see?

@BlackMinkCoat That all depends on what the 1 million of debt is. If you own 100 Ferraris with that 1 million in debt then you could be set.

John Harding That is it exactly!!!

THat's a smart approach.

Yep.

wrong. that's l;iterally a normie low iq shyt to do

Daniel Jantz that would be awesome. He is extremely intelligent and articulate. We would agree on many things, but not on the stock market. Three ways to live within your means. He is masterful at how to reduce expenses that don’t serve people. My focus, being efficient in your means - keeping more of what you make (tax reduction for example). The real key to Wealth is to expand your means. Add more value. Think abundantly.

@@GarrettGundersonTV much respect to you and Dave. I enjoy listening to you both.

2 way dif Philosophies for 2 dif audiences. They both serve a purpose. Dave Ramsey can’t tell his audience-who are In cc debt and bad with money to now start a biz and slam it in the biz world. Not gonna work at their mindset at that point

So would I

They have ... Dave and Robert are friends. I have heard them talk together.

This is awesome. Thank you.

Good man Marlon

Haha... thanks... you have a great day as well 👍

Hey thanks man🤙🏾

@@tankercrewchief No worries, bro. Here to help.

Sounds like you're lower middle class or broke.

Explain 22:16 for me. Not understanding.

@@leonrobinson8180 sounds like you are not Christian. How has 2020 been treating you?

I agree but every once in a while he has some good info. Listened to the audiobook of RdPd

He actually got rich by selling his business school.

Look who’s talking. Stop making excuses

@@InvestAndGrow2020 what excuses are you talking about? Lol

@Viper Are you sure you're not thinking of Dave Ramsey? Lol

Michael Ambetsa he didn’t make it budgeting and putting money in mutual funds. Amazing business owner. Follow that instead.

I don't think he said he was middle class either. I think they said that he is speaking to middle class and poor people.

But the problem with Dave Ramsey he teaches the slow lane to wealth, while he himself uses the Fastlane to build wealth!

@@GarrettGundersonTV Agreed. Ramsey developed a high income skills and a business around those skills. I dont understand why people simply over look it and think that penny pinching and avoiding debt will make them rich.

Dave knows the game of the rich he used debt to get rich also, he just teaches people who have no common sense about money.

Like you live I debt free. Home and rental property, and cars all paid off. Money in Roth IRA, Traditional, and 401K. I have time to spend with family, adult kids, grand kids, and friends, that is true wealth.

E. Simon you are right. Zero shame in that. Once that is gone, what next? Consider what is being taught here after that.

Also note the people that call Dave Ramsey are financially incapable and in a bad situation. For those people clearing debt is the best choice.

Alpha Weeb definitely nailed it. This advice would be devastating for someone that is spending more than they make.

I agree! Mis-use of debt!!!

Right!

Savings can be wiped out with inflation. With the fed printing money like there is no tomorrow hyper inflation and confidence is a real concern. Say you have 5 million in the bank. That can buy a lot right now. Then hyper inflation and lack of confidence in our money hits hard and our fake money looses value substantially. Then that 5 million can barley buy a small apartment in a bad part of town. Or just a single midrange car. Then what? If you have debt funding your assets that are cash flowing guess what, the money you now owe is minimal and the cashflow inflates with the dollar. Our money has nothing backing it it is extremely volitile!

@thomas jay exactly! I went to an extreme. But you are absolutely correct.

Warren Buffett is a billionaire whose company has minimal debt.

agreed!!

@@mysticaltyger2009, literally *no one* could or should be compared to Buffett though! His case is an absolute anomaly. #DYOR

The poor buy the books, and make the writers of the books rich. The smart readers of the books read it for free from a library.

@@HumbleTrader001 yup!

That is how they get richer by suckering the masses into mistakes.

@@JJames7 And people stay poor because they are afraid to take risks. They would do rather work a job they hate and retire broke.

@@RC-ld3cn That is incorrect...Doing quite well...The problem is that debt = slavery...and thinking you are wise because you have restructured your debt is a shell game...till the lenders demand their money...then you will be in trouble. I don't like debt and debt is the enemy. Not everyone will be rich in this world and that is ok but neither am I poor.

Assets creating cash flow is valuable regardless.

@@GarrettGundersonTV It seems to me that you are quite resistant to other methods besides Robert. While I am neutral on Dave and Robert, I find it difficult to go to Robert because I simply do not have enough cash to get real estate. Unfortunately, I am not keen to get too much debt because I am planning to have a family. I suppose having a family is a huge expense and I may not be able to get rich as many people wants but I would prefer to be reasonable satisfied than to be the Great Gatsby

The average American doesn’t have $1000 in savings. With that in mind, the average American isn’t going to be up to flipping houses or carrying loads of debt to reap assets from it. I would say if anyone is interested in Roberts methods, which at best are complex and unconventional then at least get to Ramseys step 4. So much has to be learned about needs vs wants and unlearning bad behavior before yoking yourself up to debt

@@GarrettGundersonTV 100 agreed. We gotta crawl before we walk. Take 100 bucks and invest then build on that. People whom say they dont have a spare hundred are sitting in a new car with new phone in the starbucks with an 8 dollar coffee.

@@staticerratic35 it's too bad you guys think this way because Ramsey never made me anything. Using Roberts methods really have made me lots of money and not using any of my own. It is true you can buy real estate with no money

Jermaine Walden - Bassist true If a crash happens all these people with debt lose everything they have

Exactly!

I just told my brother/business partner we should look into this model. He said would you rather have money or peace? Peace please

They look terrible they can’t sleep

Amen!

Sweet

Happy to help anyone willing to receive it, but don’t want to change the minds that are already made up and want to fight about things that don’t lead to prosperity.

Investing in today is priceless because tomorrow isn't promised, trading bitcoin, gold, silver or any other crypto to secure a better tomorrow.

@@glennschweitzer6933 You're Righ💯👍

To me trading the forex and crypto market is way better than any online investment 💯

With the way things are going I honestly feel sorry for anyone without a passive income

INVESTMENT IS THE KEY TO FINANCIAL FREEDOM

Jessica Ramirez I admire Dave and his business saavy, his ability to present, and what he has accomplished. The key is what he did in business. That is what to really learn from.

Ayawrxsti he’s rich by regular standards but no where near where he should be based on his income and time.

He was made rich by building a business(s) around his high income skills....think about all the books, courses, training and seminars he does. Penny pinching didnt cause that.

I could be wrong, but looking up each of these guys’ net worth shows that Dave Ramsey is worth more than these two combined ( Ramsey 200 mil, Robert Kiyosaki 80 mil, and Garret Gunderson 5 mil) . So whats said to be the dumb “safe route” seems to be fairly effective. Once again I could be wrong, but the numbers kind of make me wanna side with Dave Ramsey, he also tried the control debt process that Kiyosaki is talking about through real estate . He made millions for a bit but when his bank got sold his new bank decided he had to pay up on the spot. He went bankrupt during his late 20s because of it and then had to use the strategy he talks about now to go from bankrupt to worth 200 mil.

Dave has a few good points true but Robert is wealthier and his advice is better

@Ayawrxsti dave will be worth close to if not more than 100 million before he dies. I'd like to know if you have a net worth of 500k.

Dana Robinson absolutely. Investor DNA is key. Invest in what you know and can take responsibility for.

Like you said , you are afraid

tigerrx He meant stay out of bad debt which is consumer debt. Debt that uses other people’s money to buy assets such as businesses and real estate is used by almost every wealthy person including Warren Buffett. But you’re afraid.

@@freedomcapitalpartnersllp7458 i can guarantee he has plenty of money by following actual steps from dave and warren as opposed to no steps that arr given in this video. Doesn't take a rocket scientist to know this is a scam.

consumer debt

Remember someone else is paying the debt and paying you. Lol

Aaron Olson store plenty of cash to capitalize on opportunity and sounds like you learned the lesson on overextending. Many will this time around too.

Did you use debt for nonsense? or did you use it to acquire assets AFTER you've educated yourself on that asset?

Ryan Shaeffer what about a loan to acquire a business that has more value than the loan? Or if you have a line if credit and move quick to buy a property worth substantially more than you paid for it or if you have a loan but also enough cash to pay off that loan, but you are earning more with your money than that loan costs you? Are you broke then?

@@GarrettGundersonTV a loan u still owe someone money, and would have to turn around and sell it, along with the fact that its easier said then done when talking about the population. This is false propaganda and will lead a ton more people to ruin then helps. DEBT YOU ARE A SLAVE TO THE LOAN, and is a huge liabilty and gamble on macro staying the same. The debt system will collapse and you will be left with nothing

@@GarrettGundersonTV no im not broke, own my own house, cars are all paid off at 35 with 250k in assets and growing. Paid for my wedding and honeymoon (bora bora) with cash, no debt and all the money i make goes into investments!

Ryan Shaeffer great work. Congrats.

Ryan Shaeffer those buying now should be very mindful, there is a recession creeping in. Those that wait, compile cash, and work to make money on the buy will be able to benefit. Make sure to protect the downside with your investments.

You might as well go to the casino

@@alexc5369 Can't play this game to win being risk averse. Trying to play the game too safe is playing not to lose.

@@cerebralmindgame9818 i know you cant, but you can play it without using debt. If you buy a rental property with cash, it can still go down in value so the risk is there, i understand that but atleast when interest rates go up, you dont have to fork out extra to cover the mortgage because you wouldnt have one.

@@alexc5369 That's why I'd diversify my assets to give me more range and reassurance if my rental properties were to tank. Better to be proactive and take an assertive approach than to wait for attrition to hit.

@@cerebralmindgame9818 but you would diversify without using debt anyway? Sorry il use another property example, you buy a place with a 30yr mortgage for 400k on say 5.5% ir. After the 30yrs you would have spent around another 400k just on the interest alone... Yeah you maybe able to pay off earlier if you have the cash flow, but your cashflow is also at risk if rates go up. Why not save 400k for the house and from day 1 get to use the rental income for other investments instead of hand over to the bank.

Dave Ramsey went bankrupt? 😳

Yes Dave Ramsey went bankrupt. Now he gets Rich by pedaling mutual funds and selling his own products.

Yes; the way I heard it was he was flipping houses on short term loans in the 1980s (~90 days). When the tax law changed it reduced short term demand for real estate, prices dropped, he was leveraged to the hilt, couldn’t move the properties and banks didn’t extend the loan... so he had to file bankruptcy. Once bitten, twice shy. Now he still invests in real estate but he does it without any leverage; he buys his property in cash.

He went bankrupt when he was in his 20s. The lessons he learned from that are what he teaches now. He did not go bankrupt following the rules he teaches now, and he does not use debt now to buy real estate. He pays cash for EVERYTHING. He does not even have credit cards.

A dorable he did back in 1989, I believe that was the year.

i agree.

His books is not even how to's its about views he has for school system taxes and debt. Something a lot of people know already.

Danny Dan wrong, he made his wealth through real estate

yep, he never tells you how to be rich he's an asshole!

He has a great deal of respect for the super obese.

Robert doesn't have fear of death from fighting in the Vietnam war. He likes risks.

Dave actually made a fortune in real estate by borrowing the way Kiyosaki recommends to fund a real estate business. But then a change of staff at the bank and they decided to call in the debt. It kick started a descent into bankruptcy despite his " rich" approach. He had a young family at the time. So no wonder he recomends getting rid of your debt. He decided to start again using biblical principles. One of his favourite verses is " The borrower is slave to the lender" At the high interest rates of many credit cards that is certainly true !

Loretta Dillon-Ham keep doing the work. Not always easy, but worth it.

Garrett Gunderson thank you. I’m doing A LOT of learning to change my circumstances

Agreed Loretta. @Garrett, I’ve invested $500k in building my network over the last 15 years, and met 13 billionaires in the process. Love that you’re sharing this success key! “In a multitude of wise counselors, victory is assured.” ☺️

Agreed.

K Nunez I agree.. watching this video and reading the comments... Has made me confused. I’ve read a lot of Robert books and also watch Dave... both give good information however it’s up to strategize and figure out what works for you and ur situation!

Adri C keep watching. I’ll give options that require zero borrowing.

Same for me. I want to be "middle-class rich", "Invisible rich", "low end rich", "financially comfortable' ..Whatever you want to call it, that's good enough for me.

I feel the same way as you. I don't feel comfortable being leveraged beyond my own personal mortgage. I'm single and don't want to lose everything, even if by some chance/miracle I could make the numbers work 🤔

@@mysticaltyger2009 all efforts to get anything beyond that are pointless. Kiyosaki and these people lack ancient wisdom.

@@LMCEK Most people aren't. In general to be a top performer in most things, you typically have to be pretty high on dark triad traits. The numbers increase even more for people who are financially successful. That's because narcissism and psychopathy overpower fear.

Thank you thank you

It is not for most people for sure. Good luck on your investing journey and wealth building. Thanks for watching and commenting.

Eric Martindale that’s where I’m at too.

Yeah, Dave is great at helping the masses eliminate debt. He has been more realistic with what the stock market can and can’t do- in the past it was overinflated.

Sorry to hear about your experience with the seminar. I loved the book Rich Dad Poor Dad and have been on his podcast a few times and did an in person interview you see a portion of here.......I used to invest in real estate, but not focus my time on building my own businesses, creating intellectual property and if you go online you won't see any workshops or seminars that I offer to the public. We do however have financial workshops for people in very specific circumstances that we know we can support. No sponsors or pitchfests, simply going from A-Z on personal finance with some business added in a few segments. I feel Dave Ramsay has given the masses great advice on how to stop spending more than they make and is an extremely knowledgable person. I don't follow his stock market advice or cutting back pieces at this stage, but definitely feel he has made a huge impact on the planet. Suze, well, I feel a bit differently and did a video on it here on my RU-vid channel. Oftentimes her advice is actually harmful. You seem very jaded. Do you feel there is hope? I don't think it takes money to make money, but it does take value creation, responsibility and work. I used to have 20-100 percent ownership of over 100 real estate properties. The management and acquisition was dreadful. I didn't find enjoyment in it. I decided to focus on my businesses- Wealth Factory, Wealth Labs, and RipWater. I do have a substantial portion of my income coming in from the information products that I create: video courses, books, and 1-1 programs to support people with their finances. I build the implementation based, results based programs for entrepreneurs over the last twenty years. I think personal attention, systems, and accountability are critical for results. I didn't focus on the affluent or uberwealthy. Coming from a small coal mining town, I wanted to help those entrepreneurs that had most of their wealth in their business and didn't care about investing their money....I wanted to support them in improving cash flow. Finding money lost to taxes, interest, investment fees that weren't performing, and unnecessary insurance expenses. It is about efficiency. What would be valuable to you? As a viewer? What do you want to learn? Overcome? Discover? Would love to be a value creator and see progress. Happy to give resources that don't cost you a dime, just require your time. Anyway, hope to help if possible, if not, best of luck to you on your path.

JWC I’d urge you to read his book.

JWC because selling is equals money. Amen.

It’s likely that’s how he makes a good portion of money, but he didn’t start that way.

The biggest thing stopping you is the person in the mirror. They all have good ideas but if you read a book or attend seminar and don’t move forward then you can’t blame anyone but yourself. If you do what you’ve always done, you’ll get what you’ve always got

Thank you.

poor people mindset，stay poor and life live.

exactly

Amen

To.

Cash is NOT king. It's losing value EVERY day.

I'd prefer a shot in the foot then drowning in credit card debt. I prefer btc, Gold , and some mutual funds

@dannie curlett My house is paid for as all of my other real estate holding, bank won't get them when I die. I am retired and I would not want to be a renter, as that is really shooting yourself in the foot as you are making the other person rich. Look beyond just saving and figure out how you are going to invest your savings. I sell short term (5 days or less) put and call stock options in my stock accounts. I let the time decay work for me. 9 out of 10 options I sell expire workless, so I collect the weekly premiums.

@@SenorJuan2023 True that is assuming you are not investing the cash.

@@eugeniom.gonzalez4465 There is good debt and there is bad debt. Dave thinks ALL debt is bad, which is retarded. In fact, he thinks you shouldn't even own a credit card. Sorry, but you need at least one credit to survive in the modern world.

Now excuse me, as I need to get my bicycle out to go for a nice ride. Nothing like fresh air!

Great.

Avemakk1 fuck yeah !

Absolutely!!!

Yes Dave Ramsey is awesome!

Ramsey rocks but so does Kiyosaki.

Dave admits that his listeners are not good at math. He's a good minister to them - and entertainer.

Awesome.

Shun Williams your welcome.

Wow, really a shame that you have a poor mentality. Cash flow is rich. Owning a house and living in it providing cash flow. No. Good vs bad debt.

How about the smart people who bought up all the properties in 2009-2010 using debt.

How about the ones who came in like sharks and picked up all that real estate at a huge discount

What about all the people w leveraged houses from 2010? There have to be losers to be winners

We never wanted Tyranny Gold and silver stocks which pay a dividend are a good way to get both worlds

You are storing money for a target. Sounds great.

Sheree Thomson welcome!

Jesus is really good at paying other people's debts, paid in full.

Okay so I don't believe in this so save ill go with my bible and Dave Ramsey God bless

Jesus he offers more than financial independence. He offers heaven. which is an infinite number times better than financial free on earth

I saw this and just laughed...i am still laughing.Yes jesus doesnt like debt

Dave is awesome to start saving and get on track. . Be careful with the stock market advice and definitely learn from Robert that cash flow is critical.

Garrett Gunderson thx for this feedback.. I’ve a big follower of Robert .. I’ve read a lot of his books and it makes sense .. however I also listen to Dave. I don’t agree either with his stock advice

Michael Bertolino some epic books from him.

Garrett Gunderson I have all of his books in which I only read one-Rich, Dad Poor Dad. All of the financial books that Robert has written will never be taught in schools. Robert T. Kiyosaki is the great teacher of financial literacy. Even though he criticizes regular school education for using it that becomes an employee working for an employer, to me that doesn’t mean that’s it’s a bad thing. Getting a high school diploma or a college degree helps young people get a head start in life by getting in hopes of the perfect job that they worked hard for. Not everyone can be or wants to be business owners by working for themselves.

ME TOO+++++

Dana Robinson thank you.

they're

Tom Drummy I do not use loans to finance real estate anymore. Another hey relationship of mine and author Rich Christiansen has paid off all his rental income properties. He sleeps well and has plenty of cash flow. Another co-author of mine with 5 Day Weekend has no problem financing properties but could pay them off with his other assets. It is really dependent on you, your situation and mindset. I prefer to leverage knowledge, not money!

@@GarrettGundersonTV How could I NOT realize you wrote "5 Day Weekend"!? 🤦🏾‍♀️

That is great to hear.

I like to see the analogies they both share, they are masterful at them. Also, I like to see how they both have built a platform and books that have sold for decades. I don’t fully leverage debt like Robert and I don’t invest in the stock market like Dave might recommend. But there is something to learn from both, the key is in the person, their mindset, and willingness to take responsibility. I think Rich Dad Poor Dad was the most game changing of the books though.

@@GarrettGundersonTV Cash Flow Quadrant was my personal favorite

Applying the principal is the most important part.

If used to buy an income-producing asset, yes, it is.

Ryan Shaeffer depends on what properties you buy, what amount of cash you have on hand, and if you can rent them out, sell them, seller finance them, or any other exit strategy. We are dangerously close to a recession and many will get burned buying high and selling low. Only invest in what you know!

@@GarrettGundersonTV Yea because everyone in life has the time or ability to be able to make that work. Your philosophy works for a very small percentage of the population and like i said one financial crisis and your ruined.

@@GarrettGundersonTV Not owing people anything is the best feeling in the world, no stress and everything you own is yours! So .01% your way might work, but not everyone is cut out or has the connections to pull it off and more times then not they will fail and be completely ruined!

Ryan Shaeffer only works for those willing to invest in themselves and take financial responsibility. You don’t have to borrow to make this happen. That is just Roberts method. I build my own cash reserves in cash value and use those.

Ryan Shaeffer I am glad you owe no money and never should based upon what you share. You may want to watch my other videos. I don’t promote borrowing money for the masses. The point here was different advice for different people and situations.

Well said and on point.

It will take you 15 years to pay off that debt if you spend nothing. How will you be able to pay of the debt? That's the thing that is bothering me.

has covid affected you?

Great. He is funny, knowledgeable and great at keeping people from overspending.

To your success.

Jacqueline Creighton this is not for everyone. But for the right person, you are right.

And those who have minds, let them think.

Agreed. you can really tell the lack of listening comprehension displayed right here in the comment section.

That is a good idea for many. Lots of people borrow to buy real estate and lose. Be careful with mutual funds though- overhyped

ESTER PINON that was mine and my husband’s plan-unload debt, live below our means, invest. We have retired VERY comfortably, and do what we want. We have a lot of peace and can help others, and to me THAT’s rich. Rich in blessings, not thinking about money constantly, and living a decent life. I embrace the rules of sanity, and don’t care whether these guys think I’m “rich”.

Do I have videos with profanity? My passion must take over.

Term for most. Especially those without cash flow. For those that know how to find it- cashflowbanking.com style cash value.

99% of Americans think it won’t really work for them either. Sold my house (bad debt) last year and bought a business this year (good debt). I’m in more debt, but my cashflow is way higher. Instead of buying a house to live in, I’m going to put that money as a deposit on some apartments, increasing my cashflow even further. It’s a different mindset.

Alex S great. Focus on cash flow and create economic independence.

@@alexs3187 Its all about the deal when you buy so it can cash flow and that's whats hard. Especially depending your area u live in. May I ask u what business u baught ?

Nick N I bought a business that does metal building erecting. Probably the simplest form of construction. I wouldn’t recommend this particular business to someone without industry experience, but look for something that cashflows really well, that’s within your knowledge and skill set. Doesn’t mean you need to be “hands on,” but you do need to know enough to find the right people and take over on operations as a contingency plan. Having regular jobs before taking over an acquisition is a good way to build up the operational skills. I wish Kiyosaki pointed that out. You can’t be good in any quadrant without knowledge and skills. Not even an E.

@@alexs3187 Right my friend. In my case im a master at something thats becoming obsolete. Programmer but with old technology. Any thing i do now its from scratch.

You bet

Correct. These guy is a fraud. The cunmen are trying to convince people to play up to debt, god already warns us to avoid debt at all cost.

You should listen to Trump. He is richer ;)

@@andriyshapovalov8886 Trump was BORN RICH !!!! FRED TRUMP is the true reason why Donald Trump is successful

@@maxlewis2011 Thanks for letting me know. But really, listen to whoever you are comfortable with, don't mind me✌

@@andriyshapovalov8886 Well said....feel comfortable. 🙏🏿

Did Dave lend you money? How is he the bank exactly. For hating on us you sure spend a lot of time watching.

Garrett Gunderson I meant that he is his own bank. He doesn’t have to rely on looking good to the bank so that he can buy whatever it is. Whereas, you have to “look good” in order to have access to that other person’s money.

@@scottcped You didn't hit your head on a rock at the bottom of the lake diving off the high-dive in your youth by any chance, did you? I can't really tell from your picture if you're the Scott Campbell I'm referring to.

Warren buys businesses that issue bonds. Bonds are debt for business. Thoughts?

Section8 millionaire welcome.

Never borrow to consume, completely. Or don’t borrow if you can’t handle it, which many cannot and they take too much risk. Best to increase your financial IQ, invest in yourself, and focus on cash flow.

@@GarrettGundersonTV Positive cash flow.

Best comments and observations on social media. I agree 👍

Omg, you love Donald Trump??? Pathetic.

Eliminate any unnecessary costs and watch people. Find a product or even service that people in your area might need and go for it on the side. Start small and prove there is a market for it. They hardest part is getting started, once your prove to yourself its a needed service/market the rest is easy

You make a great point.

H Vee way too many people borrow without the proper mental capital or relationship capital, plus without cash reserves. Most people shouldn’t get loans for real estate they don’t understand. My income from books has been minimal compared to other ways I make money, and there is nothing wrong making money selling books. Not sure how much you know about the margin in books, but thankfully it allows me to share knowledge and I have a business that makes me a lot more than book sales. Best of luck on your journey and path to sustainable wealth.

U R Wrong..in your statement. They r using Debt to become Wealthy! They Invest in Assets....Listen

@@GarrettGundersonTV how can I invest in a Great team?

Diane Reinhart best way I know is WealthFactory.com/private.

@@dianereinhart9712 Well duh! Who is going to invest in liabilities? Haha.

Admittedly not my most passion interview, but I love what I do and it CJ es through in the majority of my videos. Might be the first time I have been accused of not being passionate enough, but anytime I got on a rant, they cut the video. It was at Roberts office and his people.

Send me questions at askthemoneynerds.com and I can be more specific and film video responses.

Meskrem Regassa I think the more we can look at what we agree on and educate people with less confusion would be great. There are strong differences in other areas too. Dave is maybe the best ever at getting a train wreck on track. Robert illustrated assets creating cash flow the best.

Bob Schnittman good point, but it added cash flow

+Bob Schnittman If debt repayments are costing you 1.5 million per month and you get it down to 1.2 million means your business all of a sudden has an extra 300,000 a month to use. Cash Flow is important in context.

Which rate?

You’re a dumb ass.

Yep. Once he spoke highly of Trump, I know Robert was a low life.

James Knight invest in yourself. Leverage knowledge and focus on production. Education outside is school is what matters most.

@@GarrettGundersonTV Amen Mr Gunderson. I will surely keep that in mind.