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Congrats completing your first year of college. Best wishes to you future Dr. Tyquine.

Here are the rules to success from another guy who grew up in poverty. 1) Dont get arrested 2) Dont get hooked on drugs/heavy drinking 3) Dont get anyone pregnant before marriage 4) Work towards a realistic goal For example, I grew up extremely poor and surrounded by violence, statistically I was doomed from the start. I finished high school, went to trade school where I got paid to learn skills (instead of taking on massive student loans), and now work as an auto mechanic. I make more money than people I know who went to university, I don’t owe anyone a dime, I’m engaged, life is great. I think back to feeling hopeless and like the world was against me and still sometimes can’t believe I’m successful.

I come from well below the poverty line. I was homeless in high school. Put myself through school, bought a home, and completed baby step 2 this year.

I think Dave should start a mentoring network across the US for teens and young adults who are ready to break the cycle of poverty. Link them up with successful men and women who have been there and can help guide the younger generation into a successful future.

Moving up income classes and STAY there is extremely hard to do when you have no guidance from others that you respect

I ditched my friends and it got me out of poverty. Great advice

First piece of advice: DO NOT start handing out financial help to loved-ones even though you have it and they need it. DON"T.

Don’t be afraid to hurt feelings or walk away from friends and family if they aren’t making your life better. Just because you share some dna, that doesn’t mean you have to associate with them for life

I am a product of generations of poverty, going back to the potato famine in the 1840s. I was the first person in the HISTORY of my family to graduate from high school in 1990. 150 years. I've had rich years, poorer years, but mostly medium years. This kid - he's gonna make it. My siblings and their kids have done well for themselves as well - he's a bit younger than them and if he keeps up his good habits, he can be an incredible example to his family and those around him. I hope he helps those in his old area. Show them that it CAN be done. It's not impossible, it just depends on how bad you want it. Love this call!

Lots of people who are in poverty have that mindset of always trying to find a shortcut, always trying to hack the system, which leads them to make not so good decisions like selling illegal drugs, buying lots of lottery tickets, stealing, dropping out of school..etc. people instead need to learn that when it comes to money, it’s a slow process that requires patience, because if it wasn’t such a slow process, everybody would’ve been rich right now.

I see myself in this young man. I came from immigrant parents with nothing but the clothes on their back. But I saw how hard my parents worked, I simply applied that hard work to school and now I’m in a place I never would have imagined. If he keeps his head down and works hard he will make it. He needs to just bury himself in books and ignore the rest of the world while working full time or part time to pay for what he can. Apply to every scholarships available and don’t spend money on stupid things.

Build wealth before having kids

To be honest I can relate. I honestly got emotional listening to him. I don’t have a great surrounding. It’s tough .

They never really answered the question but I have a feeling Tyquine will be ok because he knows where he's at, has an idea where he wants to be and is ACTIVELY looking for answers. I am confident he will find them.

If Steve Harvey heard this young mans story, I feel like he would love to personally mentor him

You become whom you hang around with!

I wish I could like this video 1,000 times. Every person in America needs to hear this message.

I love how you encouraged this industrious young man but I didn't hear you answer his question about what to do with the $10,000.

This brother is literally me. Came from Africa to the US 6yrs ago, I stepped up my game, joined the National Guard, premed myself and about to be a senior in college this coming September. I met amazing people in the army and in 3yrs, I’m now a co owner of a home with my mum. The people u call friends are so important. Always find people smarter than u to walk, talk, eat and dine with and u will go places. Guys like Dave Ramsey, Eric Thomas and David Goggins transformed my life. If this your brother listens to him, I promise he will go places

Start by NOT marry another broker person

I wish Dave would have touched on scholarships and grants, work-studies and other outlets to minimize education (student loan) debt

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

I left home at 17 and joined the Navy. Worked for me.

I also liked what Tyquan said, "Learn from other people's mistakes" .

Financial books are the best vehicle to financial success.

Generational poverty is broken by acquiring a lot of human capital, social capital, and regular ol' capital(i.e money & other investments)

. College is not the be all end all guarentee to get out of poverty, but it does make a lot of people broke. And Dave has said it before, poverty is a state of mind, being broke is a temporary monetary situation.

The caller wanted to know what to do with his $10K, how to use it to start building long term wealth since nobody around him has got that kind of money, kinda missed the mark

That is one fine young man worthy of a great future!

This has to be my favorite episode. Good luck to the young man asking question and thank you God for the show.

This brother is focused, I wish him nothing but the best

Proud of you Tyquine!! Dave doesn’t get many calls like this so I think it was an opportunity for him to speak into his life rather than give the same advice he gives to everyone else. Dave has answered that question a million times for college students. But to have the chance to pour into someone who doesn’t have that example at all in their lives is priceless. Tyquine is on his way to changing his family tree!! Love it! ❤️

I'm so proud and impressed by this guy who's stepping out of this situation!! 👏👏 self-aware and pro-active about his career and life instead of playing the victim game.

Look for high paying jobs, don't go in debt, save save money, and aim to leave an inheritance to your children

God bless you bruh, u gotta beat the streets, poverty, justice system , systematic oppression...u can do it bro!✊🏾👏🏾👏🏾🙏🏾

This is the best video on KZfaq in 2020. Plain and simple, speaks to everyone.

This is a great episode. Godspeed, Tyquine! There are so many people proud of you

Being from Philly, I'm even more proud of this guy

I got goosebumps listening to this young man. I’m so moved by his wisdom and humility. He will excel and is changing the future for his family for forever ❤️

I didn't hear any practical answers to his specific question, here's what I would do: 👉🏽Don't give up this opportunity. STUDY SOMETHING EVERY SINGLE DAY. If your GPA drops, you'll be sweating double time to keep it up, and most scholarship programs need you to keep it around a 3.0 anyway. 👉🏽YOU ARE BROKE for the next 8-10 years on a pre-med track. Treat the $10k like an emergency fund and DO NOT touch it. At best, this will cover advance payments on books for class or application & supply fees for MCAT and med programs OR you can pay any debt down when you graduate or advance in your program. At worst to eat if you lose your part-time job, etc. 👉🏽budget budget budget 👉🏽Try to go as long as possible without owning a car. Walk, bum rides, Uber maybe 1x per/wk if you need to get somewhere far. If you HAVE to get a car, stick w/ a reliable (Toyota fan here 😁) cheap used or preowned and you'll want money leftover to cover your tag, title,insurance and gas for a few months while you get used to it. 👉🏽if you're dating you'll want to have in mind how they treat money & expenses because it's as easy to blow a 1/4 million As it js to blow $1. 👉🏽NO CREDIT CARDS. they are not your friends, and the debt sticks around much longer than the item you bought. 👉🏽you can still live a great life if you dont go to med school. Most trade & certifocate programs can be paid for 2x over with $10k

61 and retiring partially in April. Your info has been soooo important to me. I have my Emergency Fund and Health Funds set up and now am hitting the debt. I used my extra unemployment $ to fund these things, lowering my costs has become a huge game to fund my accounts. Now, I will be looking for a very strong church family, and strong volunteer groups to support me during retirement

Education! Learning how money works is the key. Acquiring capital means nothing if you don’t know how to use it

Mindset is everything!!! I love how Dave helps people!

I love love this young man’s conversation started with gratitude. I love him more when he talks about his family, his money discipline and acceptance that he has no good role model. Man, if you have a daughter you would dream to have this young man to be your son in law.

Easily one of the best podcasts I’ve heard. I didn’t just hear this, I GOT to hear this. It’s somehow possible for us to come from families experiencing difficulties and even people we won’t always fit in with.

I'd say sacrificing now, building assets in the stock market and real estate.. pass it down to your family.

They wasted that call. He should havegottem better advice tham that

This guy has the perfect mindset. Success will find him one day. I'm the exact same age as him and from the same area. There's not many young men like him out there that are this financially aware at this age.

Best of wishes to this guy, I feel like he’s on his way to great things!

Good job Tyqon. Keep pushing and set a new legacy for yourself, and future family.

It’s so hard starting from nothing. You have to build that capital from nothing just to invest

Can't wait until you are Dr. Tyquine. Keep up the work. Medicine is challenging, but it is wonderful to sleep well at night getting to help those in need. You are probably going to make some great money too which is just icing on the cake!

Very impressive man, incredible approach, self-made, hope he can make it.

Honor your family and friends by spreading the lessons you've learned.

I can relate to this guys situation and it makes me proud to hear he’s on a better path!

I love how humble he is ❤️

Partly it's mindset, from what I've observed with poor relatives. Lots of victim thinking and 'I deserve' statements. Constant whining and complaining. Lots of trying to game the system to get welfare and gov't handouts. Lots of staying low income to be eligible for welfare even when capable of working/earning more. Lots of impulsive and short-term thinking, hard to get them to imagine more than a few weeks into the future ... they live in a perpetual state of 'now'. Lots of alcohol and drug abuse. All of this is about mindset.

Hey Tyquine!! Well done! I am in the same position as you are. Stay very focused and determined! Set very clear goals. Poverty is not just About income it is also a mindset. So in order to break the cicle we also need to change our minds. Considering your saved money: Work the babysteps and make sure you graduate dept free (Anthony Oneil is a great advisor for that). Also pray pray pray! God will give you the guidance your family can't. Stay blessed!!

Thank you for this video.

That is so so true, the part about surrounding yourself with the right people. I’ve been held back for about five years by the people I was surrounded by. Their habits became my habits, their mindset was my mindset. and I do feel I have become less kind in that time as well. And unfortunately that was right when I was starting college so I’m pretty behind. About two years ago I gained many new friends and they all range from my ‘level’ to insanely! insanely successful in their field of work. And my god I have made so many changes in my life! I’m taking school seriously now and I have even changed my major and life trajectory, international business major! I’m still staying true to who I am and following the same dreams I’ve always had I’m just taking a pretty different road, I’m glad for that

You can do it, Tyquine! Proud of you, my friend.

Very inspirational. I’ll always listen to this video for motivation

Congratulations to this young man. It's true Dave, we can become who we hang out with. Break the cycle.

Dave, that was great advice. Best of wishes to you Ty!

In about all cities, there’s a workout group called F3 and is mostly comprised of men in their 30s and 40s. They’re professionals in the fields (business, medical, law, etc.) and having connections like that has helped me out

Truly inspiring, best wishes!

Tyquine you are the man! KEEP THIS ENERGY GOING!!!!!!!

This was Huge!! Absolutely priceless! No amount of money could pay for the value of this conversation 💯

If this young man is even asking this question and thinking on this level at his age. He’s already ahead of the game. I wish him success.

This guy is going places

Called in for some financial advise, left with some great life advice and motivation. Good call overall.

Great call. I think it's a question many people have. Great advice from Dave.

Dave Ramsey is good at giving life advice, not jus financial. He’s a grounded, practical guy but has a kind heart. I take what he says serious.

Excellent advice!

I love this kid. You're going to kill the game and the generational poverty ends with you Tyquine!

This is so true!

Tyquine you are a strong young man. Continue to build wealth and keep your head in the books.

What a beautiful and encouraging testimony! You're. Keep going, Doctor!!!

I love the way phrased his advice.

His first step was to graduate from college to break the poverty curse in his family. My first step was to drop out of college to accomplish the same goal. He's on his way but I'm already there. I am able to retire this year at just 35 years old. It's amazing how I came from nothing to somebody today.

This was a nice segment. Iron sharpening iron. Speaking from experience, it is true that you must find mentors and friends who are where you want to go, because they support your success and teach you new ways of viewing life and acting.

Keep it up! It sounds like you have set goals for yourself and are changing your thoughts to be successful. You will do great and your kids kids will do great because of your motivation! Keep it up

Congratulations to him on everything accomplished and to be accomplished soon he is on his way to a great future ❤️

Great advice Dave😎

Thank you needed to hear this today :-)

Finally someone I could relate to

Honor your past. Honor who you are That is some great advice. Not something you hear very often.

So many good quotes in this episode!

This was a good call. Pretty inspiring to stop the poverty cycle.

I'm so impressed with this young man. Congratulations 🎈

This message was awesome x

He’s so awesome. Way to go!

Real talk 💯

Keep it up fam! Sounds to me you are already ending the poverty and will start paving the way for not just your future, but potentially your children’s

I like this caller a lot! He is taking finically responsibility for himself and not expecting the government and tax payers to provide for him financially

Dave over here preaching!!! Say that Dave!

The best episode yet

I think the fundamental question was more "how do I build more wealth". That's what everybody who is financially minded is trying to do and everyone will give different answers. The best and most concise answer I can come up with is to reinvest your money into money making opportunities. That could be real estate, it could be stocks, it could be a business, it could be anything you are passionate about that you believe can turn a profit (and that you have done a lot of research on). Obviously the worst thing you can do is just blow all the money you get on nonsense that quickly depreciates in value, but you already know that having saved so much already.

What a really solid young man!