This Is a Terrible Way To Build Wealth
💰Need Help with your investments? Click here (ter.li/eh5rd7) to connect with a SmartVestor Pro.
Listen to how ordinary people built extraordinary wealth - and how you can, too. You’ll learn how millionaires live on less than they make, avoid debt, invest, and are disciplined and responsible!
Next Steps:
💵 Sign up for EveryDollar today - Create a free Budget! (ter.li/ocu1au)
🏠To learn more about how to plan for Retirement, click here (ter.li/vo77u3)
🏦To learn more about Investing, click here (ter.li/khitgr)
🎓Create a college savings plan for your child’s future. Click here (ter.li/64uzfh) to connect with a SmartVestor Pro.
Listen to more from Ramsey Network
🎙️ The Ramsey Show (ter.li/4oi4gg)
🧠 The Dr. John Delony Show (ter.li/7idjjq)
🍸 Smart Money Happy Hour (ter.li/fhywhj)
💡 The Rachel Cruze Show (ter.li/u4taz6)
💰 George Kamel (ter.li/ejut9r)
💼 The Ken Coleman Show (ter.li/e0y48r)
📈 EntreLeadership (ter.li/p5p885)
💸 The Ramsey Show Highlights (ter.li/u7iws0)
Learn more about your ad choices. www.megaphone.fm/adchoices
Ramsey Solutions Privacy Policy (www.ramseysolutions.com/compa...)
Пікірлер: 27
I was laid off with a car payment years ago….. That is some stress I can back Dave up on this one….
Thanks for the update.I really appreciate the dedication in each video you post.The first step to successful investing is determining your goals and risk tolerance, To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.. You have changed my entire life and I continue to preach your name. Now I can say that thanks to Ms. CLARA BURN I am improving my understanding of this whole world and making new big profits every week.
@SylvieKgirard-ij2sx
22 күн бұрын
She is the best, honestly, I benefit from it too. This inflation has taught people the importance of multiple incomes. Investments help a lot.
@Matswagner
22 күн бұрын
Two other of my colleagues and I tried it immediately, we testified. MRS Clara Burn is doing wonders.
@Wallason-zh1if
22 күн бұрын
I am impressed by the way expert Eunice Berthold conducts business and makes statements. And I really like her quick answer
@BobbyGriffin-ur3ik
22 күн бұрын
Very true, Bitcoin is moving crazy these few weeks, I'm back in
@NkeonyeSochima
22 күн бұрын
How can I participate in this? Like how do I contact this adviser please?
The amount of strawman arguments in Dave's argument here is asinine
Dave: "$2100 a year never made anybody rich." Also Dave: "$100 a month makes you a millionaire."
If it was a problem, she wouldn't have let him finance the car or even her own.
Dave: Pay off a 2-4% interest rate loan instead of making 10-12% on investing. Too risky. Also Dave: It’s perfectly fine to spend 8% of your retirement nest egg every year because you’ll always make 10-12% in investing to cover. Not risky at all. 😂
@lawlessendeavor141
21 күн бұрын
There’s alotb of this with this show
I think there is actually less risk if you don't pay it off. Imagine you are just attacking this debt.... You are halfway done paying it off and then you lose your income.... Now what are you going to do? You're going to lose your cars and all the money you put into the cars. Pay minimum payments on the cars and start investing. The return you get on the market will most likely be better. And you it LESS RISKY. Than throwing all your money at a car that they let you borrow free money on
@michaelcarter266
22 күн бұрын
If you felt like your job was at risk than don’t pay it off till you find a better job.
@johnathanvale8634
22 күн бұрын
@@michaelcarter266 don't pay it off ever... Ideally. Because the interest rate is so low.
@einstein1102
22 күн бұрын
Then shouldn't have financed the car and go in debt in the first place. If you lose your income, you will likely lose your car too as you may not be able to make payments. The moment they agreed to take on this debt, they are at risk.
@johnathanvale8634
22 күн бұрын
@@einstein1102 if you invested instead of paid your car off, you would be LESS likely to lose your car. Than if you attempted to rapidly pay them off. its riskier to try to pay off your car. Invest instead
@johnathanvale8634
22 күн бұрын
@@einstein1102 obviously never going into debt was the least risky option.... But they are already in debt and already have paid off a significant portion of the car debts. Its too late for that now.
Why hasn't redone a new study?
@lepoj
22 күн бұрын
Because it would become even more apparent that his "air tight" study is filled with holes.
@emoney1231
22 күн бұрын
2017 wasn't that long ago... I would wait at least 10 years and then sample "new millionaires" if it was me, but there's really no financial incentive for them to do another study.
@lawlessendeavor141
21 күн бұрын
If you sell water and study people who buy your water have almost a 100% satisfaction rate , but if you do e try body who drink ALL type of water it’s different, if Dave sell a course only people who buy/believe his course will be studied
3rd