Both of my parents were broke my whole life, I grew up with hardly anything, and I constantly heard fighting about money. My dad was a great provider and my mom was an amazing mom but both weren’t good with money. I learned from those mistakes and PROMISED myself I’d never live that way. Just today my dad called me to ask for $400 so he could make it to the next week and he’s 66 yrs old and retired. It’s sad, but I am just grateful that I have the means to be able to help him.

@romeobear

4 жыл бұрын

That was an unexpecting point of view. Thank you for sharing and giving me a new way of looking at my situation. I also had parents who struggled to manage their money.

@Theseekerscove

4 жыл бұрын

Motivational

@dr.bradshaw

4 жыл бұрын

Krispy You are very welcome! :)

Am I this obsessed with Dave Ramsey that within 3 minutes of him posting I’m already like “yes yes okay okay sure thank you very much. God bless you!”

Too many people spend money they earned.. to buy things they don't want..to impress people that they don't like

@carennorthcutt7724

4 жыл бұрын

This is so true. I never understood paying big bucks to wear/carry items with a brand name emblazoned upon it. You need to pay me to advertise your product, I'm not going to carry it for free!

@HyperDrive45

4 жыл бұрын

or money they didn't earn

@sab9667

4 жыл бұрын

Minamlizim 101

A lot of people value toy's instead of financial security.

Just got my identity stolen in Gallup, NM on my debit card. There was an arrest. Paid off homes, investments and no debt. Been listening to Dave for 25 years since I lived in Nashville, thanks DR!

@1redrubberball

4 жыл бұрын

I have used my debit card for gas purchases, and occasionally at discount houses and grocery stores. I have deliberately avoided using my debit card for any purchases over the internet.

"I dance with the girl that brought me."...priceless. Dave is a class act. Simple principles that work. I trust those principles. They have gotten me to Baby Step 4/5 and things are much different than they were 3 years ago. Listen to him carefully.

Your gut/instincts are normally right.. Thanks for the insights, Dave!

Another a word for "feeling" is "vibe". I don't associate with people I don't vibe with.

2 days into my work week and I've worked 26 hours. Just 5 more days to go, and I get to start all over again. That's my financial strategy.

Share this video to anyone who is skeptical of this guy. He’s wise - and gives super good and practical advice.

Budgeting and living below your means Debt free Saving investing They all works for everyone .. thank you Dave 😊

refreshing to hear that his success is attainable and he actually tells you how he does it

I can’t imagine a life like that. I pray someday we can bless others

Living what you preach! Not just trying to sell information!

Hi Dave, recently found your channel and loving your videos, straight talking and very informative and motivating! I can relate most of it to my situation here in Glasgow, Scotland. I’ve done my numbers and the outlook is better than I thought! I’m on step 2 and hope to be debt free in 28 months. Gutted I couldn’t get the budgeting app as I’m outside the US, but I will find something similar hopefully. Anyway, just sharing the love 💕

way to go Dave, this is why we stand with you brother... you not fake,, you are 'stedfast and unmoveable'...

I agree go with your gut I have gotten that feeling when something is not right.

*Spend less to have more*- nothing revolutionary, just what works!

I love your Godly, Biblical wisdom!!!

@HamiltonRb

4 жыл бұрын

Did someone in the bible have a debit card & mutual funds that I missed? It's just common sense

Total respect Mr. Ramsey

Love this 💗

Dave speaks the truth and know what hes talking about, just spend less than you make, save the rest. Its not complicated

I agree 100%

Dave, would be nice to see inside your real estate investments. The management company, the portfolio etc.

I respect this guy a lot.

First comment. EAT IT. And when I say eat it, I mean rice and beans, beans and rice.

@johnplaid648

4 жыл бұрын

I live like a pauper. I love looking at my huge bank balance and I want so badly to increase it by some method. I can't find my way. Would investing in a mutual fund provide interest that would exceed tax?

@truckincapinwith15romeo10

4 жыл бұрын

john plaid invest in things you understand

@nick000002

4 жыл бұрын

Good job Chilli Con Carne is my favourite

@jerseynurse6878

4 жыл бұрын

john plaid - maybe a Roth ira to start with ?

@actionsspeaklouderthanword537

4 жыл бұрын

Thas the formula I used to save 6k when I was single but it was different story when I got married.

Good point that your financial advisors should have the same goals as you.

Boom baby! 💥

When you have a great business that makes his kind of money, it’s easy to not diversify and use cash to buy houses in real estate... It’s much more practical for people to get their degrees, and be told what to do and make a set amount of money.

So should we just have growth mutual stcoks

My dad was very bad with money too, made bad choices, had too many marriages and divorces. We never had what we needed as a child and I was determined to live differently. At age 17, I left home and I put myself through college by working full time and going to school full time. Yes, I made mistakes too but I learned a lot from them. Today, at age 69, I own one condo and I have mutual funds. I have an "envelope system" savings accounts within my credit union and I saving each month towards a new furnace (It's about 10-year old) a refrigerator replacement fund (also 10 years old) and so on , When my appliances give out I might now have the full amount to replace them but I will have a very good start. I raised my two sons to be highly financially responsible and they both are - they both had paper routes from age 12, learned to count money and pay their paper account bills each month. I am working now with my 10-year old granddaughter. She helps me roll coins to learn to count in ten's and twenties, and earns $5.00 in coins to put into her savings account. I "gift" her with a $25.00 check at each birthday and Christmas that goes into her college fund. I taught her how to write checks and how to pay my bills, we subtract my checkbook together. I bought her a purse for her birthday so she can take it in her backpack and have a few $1.00 bills in for "spending money." I want her to understand just how money works. Simple things that I think will make a difference. When my youngest son went to buy his first home at age 21, he went to the mortgage lender and the lender said, What are your debts? He said, my school loan. He said what about your credit card debt...my sons said, I have none. The lender said, you will not have any problem getting a loan for your home and he did not. This was at age 21!!

Is that desk big enough?

Why have you stopped uploading debt free screams?

@es7379

4 жыл бұрын

Kay G I was thinking the same thing must not be anyone that’s made it to the finish line...we all stuck on Baby Step 2 😂

@KayG0

4 жыл бұрын

@@es7379 hahaha, I hope not! They are so inspirational

Why would anyone dislike this video??

I wonder if he’s referring to Robert Kioysaki.. I like Dave’s way better...simple ,straight to the point, and successful.

@googleuser1456

4 жыл бұрын

That guy is a fraud and scammer in My opinion

200 Million? Man the only companies I’ve seen is 15mil-20mil in revenues. I can’t imagine as an accountant advising with a $200 million company.

@yugiohpokemon5285

4 жыл бұрын

I think hes talking about grant cardone.

@FakiePanda360

4 жыл бұрын

You just dance with the girl that brought you there

@cjzanders5430

4 жыл бұрын

Dave Ramsey = 50 million net worth. Dave Ramsey - “The most your business is worth is somewhere between 4 and 5 times your net profit.” = 200million.

@cjzanders5430

4 жыл бұрын

​@Paul - I don't really now how much he gets to pay himself after overhead but just use your imagination. He's probably not lying. His company probably does make 200mil.

@cjzanders5430

4 жыл бұрын

When you base your expectations only on what you see, you blind yourself to the possibilities, of a new reality.

Dave ramsey = rules Robert Kyosaki = guidelines

Every “Smartvestor Pro” is a commissioned salesperson. That's why Dave Ramsey defends load funds. Each commissioned salesperson pays Dave a very hefty fee to be listed as a Smartvestor Pro. Unfortunately, each Smartvestor Pro has a clear conflict of interest in advising investors.

Simple avoid debt, live below your means and invest. Do those three things you'll likely do well.

@ChrisMFlorida

4 жыл бұрын

You're right.. but most people can't even do that. Items #1 and #2 often prevent being able to do #3.

🐐

What are the 4 growth stock mutual funds?

@chrisrefaei

4 жыл бұрын

1. Growth Fund 2. Growth and income fund 3. Aggressive growth fund 4. International fund.

@Shanique.Collins

4 жыл бұрын

chrisrefaei Thank you

@chrisrefaei

4 жыл бұрын

@@Shanique.Collins My Pleasure

I'm debt free I have some money invested. Many people and many of my friends think there will be a stock market crash and that it is time to sit out for a while. As I'm in my 50s I don't wanna lose what I got. What are your thoughts?

@KarlDag

4 жыл бұрын

“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” - Peter Lynch

Debt free is the way to be 😉

How much is Yeti paying Dave for that well placed mug?

No. Really. Is there a book Ramsey wrote? I'm sitting on 105,000, no debt, everything paid for. Instead of hearing metaphore and platitudes I'd love to hear the nuts and bolts, brick and mortar facts on how Ramsey made his millions.

Okay so I'm one of those who are slowly getting into the Ramsey pool. Have our 1000 saved and attacking debt while trying to get a bigger shovel with extra work. I've got my cash envelopes going... still getting used to that one especially when I'm at the market and forget to get the cash! Doh! Cut up every credit card except for one that we pay off every month. Mostly use at the gas pump, oil changes, vet etc. but slowly trying to transition. But that's the thing... I just don't trust debit cards! Too many creepy people around and at least the couple of times I've had something sketchy happen on my credit card, the bank has called or I've called them and had it fixed. I don't want to change my numbers and stuff on my debit card every couple of months! I can barely remember my passwords for websites! :P

Thats why I dont use debit cards..lol

We all know you're talking about Clark Howard. But hey, why not listen to both?

@1redrubberball

4 жыл бұрын

I like Dave and Clark. I don't hear Clark very often on the radio anymore but he is worth listening to, even if I don't care for all of his advice. I think a wise person listens and learns and takes his own course. A broad range of understanding serves a multitude of purposes.

@dogsreadymobile5071

4 жыл бұрын

You can't go to the gym work out 1 hrs with your trainer and get the same trainer and go lunch a Macdonalds...

Papa Dave, just discovered you have white pigmentation on your hand. Do you have vitiligo? I have vitiligo since I was age 23. It made me very upset few years back. Because of the love of Christ, my heart got healed. Papa Dave, I have been listening to your show since 2016 and you have gave me so much courage to be weird instead of normal! God bless you and your team!

Season 4 of Rick n Morty on Sunday!!!

I believe Dave on everything he said here except for the envelope system. You’re going to tell me he and his wife pay their monthly bills with cash in envelopes with the amount of money they bring in? Get out of town. Complete malarkey. Maybe the envelope is an excel sheet and a debit card, but c’mon Dave - you’re not paying bills with cash out of envelopes.

@nedzadcavka8741

4 жыл бұрын

Definitely Not Morpheus If you’ve listened to him, he says the only thing she pays for with the envelope system nowadays is grocery shopping and clothes shopping nowadays.

Is the mystery company owned by grant cardone?

Breaking News: Follow the baby steps!

Who's the other guy hes talking about I wonder?

@brianmcgrath5977

4 жыл бұрын

Suzie Orman

I'm hungry to eat!!

Who is the guy Dave is talking about?

Super double backflip investment lol

So there is no doubt that Ramsey’s method works - it’s proven and tested many times over... BUT I can’t get over his “obsession” (not the best word for it) with not using credit cards. There are MANY who shouldn’t use them because they’re irresponsible. But when you’re spending the amount of money he inevitably is, there is money being left on the table by not using credit cards. At some point people should have the self control to use them when living on a set budget.

@insideoutsideupsidedown2218

4 жыл бұрын

If you have the money to where you just pay off the card every month, you don't need the cc and the awards you would get are miniscule..if you don't have the money and use a cc, the awards are worthless because you will pay for them anyway with a revolving balance and an interest rate to match. If you want to create wealth, stay or get out of debt, the studies Dave's company has done verifies that wealthy people do not use credit cards for anything. Yes I agree some people can use a cc and pay it off without a revolving balance. But the data shows that 7 out of 10 people on your street, and in any neighborhood rich middle class or even poor, live paycheck to paycheck, and can barely get their mortgage paid and have credit card debt. The majority of people cannot use credit cards wisely and never will.

@drunclecookie216

4 жыл бұрын

@@insideoutsideupsidedown2218 the awards aren't that miniscule. I use them for gas groceries and some bills and at the end of the year I've got enough in cash back rewards for a month of gas groceries and bills. One free month of necessities each year isn't bad. also your analysis that wealthy people don't use them is just false. I have friends who are multi-millionaire farmers who use credit cards for most of their farm equipment as well as gas groceries and some bills. it's more convenient to pay off one lump sum each month than constantly withdrawing cash or updating your checking account for every little expense

@insideoutsideupsidedown2218

4 жыл бұрын

@@drunclecookie216 I will believe the studies Dave is going by than your stories of all your multi millionaire farmer friends. If it is so, just skip the middleman and use your debit card, and pay your bills, with that type of money you would care less about a free night stay at the Hilton or $200 worth of free groceries....give me a break

@drunclecookie216

4 жыл бұрын

@@insideoutsideupsidedown2218 nope, I'll continue getting free gas and groceries one month out of the year. what I'm doing works. I have $20k left on my mortgage and that's all the debt I have. the credit cards get paid off every month with no balance carried over. I'm not going to stop doing what works for me just because Dave Ramsey and a few of his followers don't like credit cards.

@JakeThornhill

4 жыл бұрын

InsideOutside UpsideDown With all do respect there are two definitive perks to credit cards if you’re paying them off monthly - rewards (which are relatively small, but could cover a few significant costs by the end of a year) and improved credit. I wouldn’t consider those things worthless. The idea that the majority of wealthy people don’t accumulate debt is just plain wrong though. This is probably my biggest push back with Dave (though I fully understand why he does this to protect people), but there are two types of debt. The majority of wealthy people are in debt, but it’s borrowed money that is making them money. I’d also question his study that wealthy people don’t use credit cards, but I have no research to stand on so I’ll bypass that one. And I agree that the majority won’t use credit cards well, but the majority won’t budget either. They should still be taught. As I said, his system is 100% proven and it’s not me questioning him, it’s just interesting because someone using a credit card with self control is undeniably better than someone not using it. Most people just don’t use self control... Thanks for the reply - really enjoyed hearing the other side of the argument :)

Dave Ramsey for president 2020

*$200,000,000 is 1/5th If a billion* 💪😦 I would've guessed it was Closer to 50million a year, but I'm idiot so 😂

Come on Dave tell us your household income. We are all curious to know. I heard it in the video, net worth hundreds of millions.

So... Don't trust Warren Buffett?

That's a good idea, have a new debit card every 3-4 months.

Can you invest into my success?

woke up today to identity theft on my debit card

@edwardrobichaud7789

4 жыл бұрын

Christian Teran so, you’ll get paid back just like a CC would.

@Janelleybean23

4 жыл бұрын

Christian Teran sorry to hear that. Hope you get it sorted quickly.

@insideoutsideupsidedown2218

4 жыл бұрын

Get to your bank asap and file on the fraud

@insideoutsideupsidedown2218

4 жыл бұрын

Dave, you mean that feeling after you have visited a car dealership? Yeah I know just what your talking about...

@christ1385

4 жыл бұрын

Thanks everyone called up my bank and they will monitor the charges. Just like Dave said once you start paying off debt everything bad that can happen will happen

Dave's strategy: 1) Degree in left handed puppetry 2) Fleece a car 3) Get a payday loan 4) Get a 2nd payday loan to pay the 1st 5) Retire and live off airline miles

@nuniobinez4066

4 жыл бұрын

Is this humor?

@BunkMasterFlex77

4 жыл бұрын

@@nuniobinez4066 No

Title: Dave’s Ramsey 🤣🤔🤔maybe fix that 😂😂

Teach me the strategy i have my pen and paper ready 🤫😂

@insideoutsideupsidedown2218

4 жыл бұрын

Read total money makeover, check it out from the library if you don't want to spend the $10

@teesellz7692

4 жыл бұрын

Ok

I disagree with Dave on one point: using a credit card. At one point in my life, I used a debit card too. I now use a VISA that offers cash back and I can reject any purchase that's not mine (happened once in 20 years). I pay it off in full each month and cash out my free cash balance each year in December. Free money is Free money.

@ChrisMFlorida

4 жыл бұрын

Agreed.. but people who need Dave Ramsey are already in trouble.. credit cards just max the pain.

@alexc5369

4 жыл бұрын

It's not free money, you are paying by over spending throughout the year, even if you are disciplined you will still be over spending by at least 1% - there is also the moral issue which is not brought up enough, your cash back was brought to you by those in a position where they are paying interest. Not a good place to be.

I am going to buy dave a toupee on a credit card

What's this billionaire credit card thing??? Why would a billionaire need to borrow anything? Black card sounds the banks paying famous rich people to promote the cc pipe dream.

Nobody owns a credit card.

@insideoutsideupsidedown2218

4 жыл бұрын

This is true, it owns you

@insideoutsideupsidedown2218

4 жыл бұрын

@CNO I never open credit card offers, they go right in the shedder and fico score is pointless if you never borrow money.

@insideoutsideupsidedown2218

4 жыл бұрын

@CNO on you resume may just list that you don't believe in debt and the prospective employer will be fine with that. You do not need a FICO score to purchase a house, even at a lower interest rate. Its called manual underwriting, Churchill mortgage can do it for you .

@insideoutsideupsidedown2218

4 жыл бұрын

@CNO its because they have no money

@ChrisMFlorida

4 жыл бұрын

@@insideoutsideupsidedown2218 you mean you don't like to compare fico's with your buddies? Aw man.. that's fun.

I found out why we are all broke.....we are sending Dave's company $200,000,000 a year. That's a lot of beans and rice.

@ChrisMFlorida

4 жыл бұрын

LOL.. not me. I've watched for years.. never bought a thing. His advice is free.

@Commonzenze

4 жыл бұрын

​@@ChrisMFlorida Advice might be free but he didn't build a company with $200,000,000 in annual sales by giving stuff away. That's a lot of books, FPU and Every Dollar premium subscriptions. Not to mention the ad revenue he receives for ads we listen to for that free advice. Not saying he shouldn't get paid but it's ironic how his entire organization is built on selling something to someone while he is telling them to stop spending money they don't have.

@KarlDag

4 жыл бұрын

@@Commonzenze I'm sure he makes A LOT more money from selling the rights to his show around the country (syndicating?) than from the everydollar app which can be used free... But either way, just by listening for free you can learn the 7 baby steps and do your budget in excel.... Whatever he sells is completely optional

@archiealsobrookii4755

4 жыл бұрын

His advice is free and a business is suppose to make money ,but be careful with your idea of the money he is allowed to make by hiding behind envy and jealousy due to insecurity and self hatred.

@Commonzenze

4 жыл бұрын

​@@archiealsobrookii4755 I couldn't care less how much money someone else has but when he preaches about living off of beans and rice to get out of debt, then markets his products to the same person to spend their money on I find that very hypocritical. Just like the preachers profiting off of religion. Let me tell you how great Jesus is and how he will save you, just send me your money and buy my book. With that said I listen to the arrogant guy daily and follow his sound advice, no debt, 6 months of emergency savings and saving for retirement. Doesn't mean I need to like the guy or agree how he is taking advantage of those he his trying to help, so he can "give like no other".

Is it the same person who outright scammed her viewers by telling them they can actually build credit from a Debit Card that she had specially designed for her fans?

@nicolcacola

4 жыл бұрын

Who?? Itching ears wpuld like to know.

@boomsuga

4 жыл бұрын

Who?

@insideoutsideupsidedown2218

4 жыл бұрын

If you don't go into debt, you don't need to build credit. Save your money, live on less than you make, and pay cash for everything.

The real secret is that Satan owns this world. Your mutual fund will be wiped out and he will enjoy the chapter after. Prices dont go up, your dollar is going down. Buy a $20 silver Oz, pick up your King James Version bible and pray the lords prayer every day. Or you could just deliver pizza...

@silverltc2729

4 жыл бұрын

@Anne Day very valid point Ms Day. He can have my lead instead...

@ChrisMFlorida

4 жыл бұрын

and always have your preps ready!

Plot twist: Although DR got no credit cards, his credit score sits at 810

@BuckI2Bdad

4 жыл бұрын

I am not that far behind him........😉 😆😆😆

@user-cv3gd2wr5q

4 жыл бұрын

His score is undeterminable not 810 or 840 or anything else.

Dave is a bit too dogmatic sometimes. My way is the only way and better than every other way. That's not true with almost anything. There are many paths to the same destination.

@1redrubberball

4 жыл бұрын

That is true and it's your perogative to do so. Dave offers advice that fits the vast majority as he sees it, and thats his perogative. Do you think you are entitled to take issue and debate him that your path is better? What are your qualifications?What is your track record? You are wrong in thinking that Dave believes his way is the only way. He believes his way is the successful way for the overwhelming majority.

@perotal

4 жыл бұрын

@@1redrubberball what about Jack Bogle's track record?

@1redrubberball

4 жыл бұрын

@@perotal I'm not familiar with him, sorry!

No stocks wow. He losing out on even more money. Credits cards are the best.

@alexc5369

4 жыл бұрын

This must be troll comment