Grateful for both of you. Paying off a house earlier in life was the fulcrum to freeing my mind and changing my perspective. Now I’m a business owner doing things I never want to retire from. I’m still a little debt adverse, but love living and teaching abundance.

@GarrettGundersonTV

Жыл бұрын

Yes. If it frees up your peace of mind- absolutely do it. Just do it efficiently and safe. Congrats on that. And it is ok to be debt averse

keep doin videos like these garret cause its not enough people calling out the bs that keeps most Americans were their at most of their lives !!!

@GarrettGundersonTV

Жыл бұрын

If you have any videos that you want me to react to, please send them my way!

I appreciate your response to Dave without calling him names etc like some people do. He helps ALOT of people. I think it’s good to put your philosophy next to his.

@GarrettGundersonTV

Жыл бұрын

Yeah. He gets the train wreck back on track. He is a bit angry at times but has a real impact

"Money trapped in Equity Jail..." is a description I've been searching for a term to describe for several years. I have family members who simply don't understand what I'm doing when I try to explain why I make certain choices that favor "Cash Flow" over "Debt Free" in certain business situations.

@GarrettGundersonTV

Жыл бұрын

Glad that helped. Yeah, each person has a different method and objective. Unfortunately the method often comes from a place of ignorance and the objective is given to them by some taking head!!

I appreciate you Garrett and how you provide a different perspective on cash flow, value creation, and efficiency. As someone who used to follow the methodology of DR and actually did pay off my house, I can attest that having a paid off house doesn’t solve any of my scarcity mindset problems. Imagine that …

@GarrettGundersonTV

Жыл бұрын

Wow. That's something more people need to hear and understand. That it is a perspective. And we have to get to the root of it rather than chopping away at symptoms.

@dylanrobertson68

Жыл бұрын

@@GarrettGundersonTV 💯

@dylanrobertson68

11 ай бұрын

@@GarrettGundersonTV ya bro 💯! On another note, I came across this quote and immediately thought of you because of how much you hammer home investing in yourself via mentorship, education, training. “An investment in knowledge pays the best interest”. -Benjamin Franklin

@GarrettGundersonTV

11 ай бұрын

Love it. I've quoted it too!

Garrett this is why you're the best bro, keep up the good work.

@GarrettGundersonTV

Жыл бұрын

Love hearing that. Thank you.

I like GG's approach. He enjoys life's journey, pays himself first and doesn't expend needless emotional energy (or worry) over the myriad of restrictions and "baby steps" of more regimented approaches. Granted, for most people it's probably best to pay off the primary home before retirement, with cash to spare for other activities or investments. But doggone, I sure hope people don't wait to until they've checked all these imaginary boxes to feel good about themselves or their situation.

@GarrettGundersonTV

11 ай бұрын

Good point. Thanks for commenting.

Like these reactions, brother! Some great advice and rebuttals to Dave Ramsey. I agree cash flow over accumulation 👍

@GarrettGundersonTV

Жыл бұрын

Yes. If you see any other vids I should react to, send them my way.

@TJ-Stackin

Жыл бұрын

Absolutely, brother! I am reinvesting into my companies I own. We are focused on weekly and monthly cash flow. We don't even think about accumulation for 30 to 40 years from now.

I just subscribed to this channel he seems very reasonable which I like, my wife & I follow a lot of ramit sethis advice which we love

@GarrettGundersonTV

Жыл бұрын

Nice. Welcome. If you want answers to questions go to GarrettGunderson.com/wwgd

I agree with you totally. Don’t need a Dave endorsed local provider either. I still have a mortgage at age 66. But that includes passive income from real estate also.

@GarrettGundersonTV

Жыл бұрын

That is great. It is about cash flow. Some are better at creating it than others. Maybe lots of people are safer paying off a loan, but how they do it is key.

Thank for not being about clickbait & hype! 😇Garrett "ABUNDANCE not scarcity" & "Cashflow not Accumulation" should be ur written* Mantras/ logos🗽 *most of forget 99% of what we hear... remember most of visuals🤓

Awesome, but if one hypothetically has a 1MM mortgage at 100k in credit card/personal loan debt, without doing settlement, is there any way out of that?

@GarrettGundersonTV

Жыл бұрын

Have you looked At a line of credit on your hike to pay off the credit cards with a lower rate and potentially making the interest tax deductible?

The study of “Economics” is literally the study of how to distribute scarce resources lol

@GarrettGundersonTV

Жыл бұрын

And innovation and ingenuity through efficiency , technology, and other advances allow for abundance.

@9doggie12

Жыл бұрын

@@GarrettGundersonTV no, the supply and demand curve wouldn’t exist otherwise. The core assumption is the finite nature of resources.

@GarrettGundersonTV

11 ай бұрын

Finite resources true. But plants grow, animals reproduce, and the sun continues to provide energy. If we mine an asteroid we get access to new resources. Innovation. Reproduction. It does however, require stewardship.

@timbrumaghin

11 ай бұрын

Read the richest man in Babylon. There aren’t finite resources when you create value. And wealth is literally a product of value creation. If you feel there aren’t enough resources then you either simply aren’t providing enough bough value or your trying to take before the value is provided.

@9doggie12

11 ай бұрын

@@timbrumaghin fiction vs reality.

I want an up and coming horror director at the helm for The Millionaire Next Door: The Movie.

I am appalled at someone who makes the money they do, and has a payoff that big getting advice from a 10 minute phone call to an entertainment show because they are so stingy that they will not reach out to a qualified individual that can help them. Regrets promised down the road…..

@GarrettGundersonTV

3 ай бұрын

Kinda crazy.