Giving should also be used as a tax write off if possible

1. Earning money 2. Saving/Investing 3.Expenses/Giving Giving ain't free Dave. It's an expense😅

Jason Douglas True dat brotha

If by "this man" you mean you, then yes"

Jason Douglas he’s saving my life! I haven’t even started LOL

No hes not, you are. He gives basic common sense simple advice and that's it.

Yes, follow his advice and he will. I can guarantee it. Happened to me .

how are you doing so far? what's the update if you don't mind me asking

It's more or not true though, that friend who bought the 6mil house and had a 3bill net worth. That house is worth 0.002% of his net worth. That's $1.5 to every $750, or $6 to every $3000

@@stephaniejane306 morning

His kernel sanders came out on that line

😆😆😆😆 I love biscuits 😋

Awesome that you are a daughter of The King! Me too. I am tackling our debt too. Maybe if we look at debt as 'sin' , we might not have debt. Good place to start...

@@l.elizabethb.361 you want MORE shame and guilt for something else in life?

@@chrismccaffrey8256 but if people get into debt as a side effect of greed and never being content, then the debt might as well be a sin....Maybe not so if life genuinely happened to innocent people- that's different

You did it yourself with good advice

Nice to see that bright light at the end of the long dark tunnel.

That's not a prob tho. That's a blessing

Others probably feel like it's a blessing too. LOL

That's good within reason, but you need to make sure that you are financially stable. Otherwise you are going to be old someday, living in poverty, and barely eking out a living with no money to help anybody including yourself.

In the long run , this isn't a problem at all , Just a challenge. God sees.

That's amazing. Rest when you get to the kingdom.

Absolutely, you could EAT your savings & financial future if you have no discipline

Learn to cook , so many easy recipes on youtube. Just buy the ingredients and do it. You will save a ton.

Unless you eat in very expensive restaurant ,eating out in cheap ones is very unhealthy.

My version of eating out: making your own food and eating out on the patio, go to a park (picnic), etc.

Wow you have figured it out!

You are right Sir

Most people don't invest due to ignorance

But of a truth there are scammers but real brokers are out there too waiting for investors

So don't be scared of giving any one try

@Jessica Robert Wow, you know her too?

🤣🤣

Why would you save something that goes down in value each year?

I rode my bicycle across Aussie. Crossed a 800 mile desert. They have a truck stop about every 100miles. Since it’s in the middle of nowhere, a big candy bar ( 200gm ) cost $10. One day when I got back to civilization I went to a gas station to get some junk food. They had the big candy bars 3 for $10. So I bought three. I told myself these should last me a week. About 15 min. Later they were all gone. Cycling all day for 1000s of Miles makes one hungry.

I wish i was at least 50% like you

Dynamite Kitty that’s me. I can’t decide because everything cost to much to me. I’m a saver

FoolishGaming you are far from being dumb!!. You are smarter then most 20yrs old!!. There are auto sales now, offered to be paid in 84 months!!. Horrible idea!!! Be smart!!!😊

I am 32 years old and am just learning about all these things. It's awesome that you found this at a young age.

Just paid off my car last month! Also 20

Next time buy the best USED vehicle you can afford. Used vehicles are usually a better deal.

Mitchell Mcfly but your still paying the same either way...

Me too

Absolutely brilliant.

Ericka Dillon good stuff praise god

Yes great wisdom, thank you Jesus

True

I disagree, respectfully ofcourse. Stress can be good for you. You need to raise your faith with it so that it can be cancelled out eventually, but if you never do that then you just pass the stress along. My parents never worried or stressed and now me and my siblings are starting to have to deal with it. I've stressed about it since I was in highschool and it's hurt my relationship with my dad. You have to take care of things to a point and that maybe stressful, but it's also the right thing to do. You've got to grow up and handle your responsibilities. I've accepted mine, but please everyone don't do to your kids what mine did to my siblings and myself. My parents would never have been able to do for there parents what we'll have to do for them.

Thank you for the good advice. I think you're a decent human being. Enjoy life!

Shannen pay yourself first. Then be as generous as you want to. In fact, being generous is your lifeline, not a character flaw to be worked on.

You have to learn how to give without expecting anything in return

my dad was like that. He gave, gave, gave and gave.. heck, we went completely broke because he gave everything to his friends and his side of his family but for some reason left my mom and my siblings to fend for ourselves. Those same people disappeared when we needed the help. I learned early on that people fail you, and in a way... i've subconsciously become stingy, and i do have a hard time accepting help from anyone. If I have to give money to anyone, I do it knowing that I will never see that money again...but i will make you suffer to get it, and for the most part, it's kept the peace between me and the person i gave the money to.

@@joshipp761 - You shoud expect something in return. Otherwise it's not a wise investment. it's wasteful. An unprofitable servant. And it doesn't create a habit. A reward for giving will create a habit. Giving ought to be rewarding. Does not giving bring joy.

@@joshipp761 I don't think that was her point. She was saying she helped all her friends and when she got sick and homeless, everyone she cared about and helped when they needed it, weren't there in return

Roy_Thousand #3 should be #1

You are young and have your whole life ahead of you, now you have a road map with Dave. You'll be ok

I am 40 and also have nothing but a job.

@@gustavonation Keep reading Dave's books and walk the steps. Maybe it's time to rethink the job and get into a more lucrative career. I slept in a Volkswagen and put myself through Cosmetology school, then I worked in a salon and could afford to go to Nursing School. Take it in steps. I now understand it's the path I took that made me who I am today, not my finances I have now. Comfort, even if it's not all that comfortable is a trap into inactivity. Move, change, one foot ahead of the other, grow, seek new options. Become.

Makaveli The Don the housing market is hot dude

Awesome job!! Keep it up!!

You don’t want it to pop.

Makaveli I'm in the same boat... Good thinking

Smart, very very smart.

@Ralph Zimmerman I work with Levi.J.Clemans, a pro fiduciary.

@Ralph Zimmerman I work with a pro fiduciary, sir Clemans. Here look him up

Leviclemans,info on his webpage you can look him up online, and connect with him.

I see your point Jeff, and it’s a good one. It’s false to think that taking increased risk guarantees you more money, you wouldn’t bet on a pony in a horse race.

Oh Yes! Got my third payout about a week ago. Still pumping more into my portfolio Clemans is indeed godsent..

Ummmm, no! Money is one thing only; SECURITY! Spending it and giving it away erodes one's security. I have helped people financially in my life because I felt like giving a small amount to a person on the street or a LOT to help a sick family member. But my budget does not include giving at all!

R L ??? That’s what he said

Budgeting

That's not necessarily a skill with money, that's a life skill

that's so true! I live within my budget, debt-free, have an emergency fund but my income is $13,000/year. I need more income!! Definitely!

Most jobs limit you by time spent to generate income. You need to think beyond active income and focus on building passive income. I recommend not to rely on a single source of income. You can consider earning extra income by investing in dividend stocks, high yield savings accounts, gig economies, real estate investing and reselling/flipping goods. You can earn by rewards on credit cards - using them for all monthly purchases then pay them off 100% each month. Take advantage of any employee programs offered at work that make sense. Hope this helps...

Same

Uncle 😂

SuperPhdiva me too

Hahaahahahah laughed so hard

SuperPhdiva 😂😂😂😂

😁

😂🤣😂

Chris R You can do it! Meal prepping is your friend! Probably a thousand plus how to videos here on KZfaq!

There are videos online teaching how to cook once a week and freeze it for the next days. I hope it helps....

Infinity MFG I'm the same. I'm definitely a saver followed by giving. Spending on myself is something I struggle with.

Totally agreed with this. I am saver since when I decided to do charity work, I discovered this cannot be done if you are in debt and doing impulse spending. I keep ratios for all three: spending, saving, giving to keep in healthy balance. Budgeting and tracking expenses are part of my life. Many consider as a waste of time, but for me it saved me from lot of situations, especially form overspending. It gives me space to spend for fun without worrying from overspending.

When our kids were little we paid them an allowance. They each had three banks for keeping the money. Our ratio was 50% into savings, 25% into charity, and 25% into spending. They used their own money for Sunday School offerings, and buying things they wanted. When the savings bank was full we took them to the actual bank and made deposits into their accounts. If they wanted something that wasn't cheap they learned to save their spending money until they had enough to buy whatever it was they wanted. They both now have good jobs, masters degrees with no student loan debt, and no car payments. Life is pretty good when your children become financially responsible adults.

E Ahlers: Are you saver or spender? How you see the money? As much as I save moneys for rainy days, the more I view as tool. Emergency funds are the most reliable insurance in case if something goes wrong. It avoids using debts. Saving habits opens my eyes for longer perspective and gives it me opens options, when I want to invest it.

m

I am trying to get there..

😉

Best comment lol

Hahaha good man.

You also give to the government in the form of taxes.

Best comment ha!

Hahahaha...

😂 yes you sure did. I heard that too from Mr. Ramsey.

I heard it too!!! Holy cow. Can't believe my ears.

He used to be broke and in a pile of debt. That’s why he teaches was what teaches now

He can with all that money he is making.

J Salter he got rich then went broke then got rich again

You can drop more than that in your tithe when you invest

I totally agree✓✓✓

I agree to these because my money just sits in banks and don't grow as I want it to, what kind of portfolio do you recommend.

@@valdemarjohansen9340 same here.

@@valdemarjohansen9340 there are several Investment opportunities out there, you can choose to own a stock trading portfolio like I do and buy up paying stocks. This has proven to be a very profitable venture for me these past six months.

I have heard so much about the stock market and how profitable it can be but I lack the education and experience of the market, any tips you share would be very much appreciated.

I don't put the $$ earmarked or issue at hand in the bank, just so I don't see a drop in balance. I got a big bank I put it in at home. LOL Depending on earmarked amt. I open a quick passbook (yep) svgs acct at another bank solely for earmarked item(s) & this works for me because I'm still saving in my mind (tricking it so to speak) & when spent I feel like I got it for free because I don't see the drop in major/real svgs acct. LOL

No worries. I bet she has debt now.

burritohero7 FORGET her , take care of yourself, that's a 1# list

I'm not going to say how much, but you are right...and it's a lot.

E Ahlers You're absolutely right. He's also better off without her.

After you build wealth then she is going to want you and I think you know what to do when that happens....

It's all about ratios and perspective. That and some people just need to mind their own business.

What is that?

Wish I had money for a chicken biscuit

I just love chick fil a biscuits

That lemonade though 🙌🏼

Bbbb and

Yeah! I agree with you sir.

If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.

@@peterbedley2719 People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now.

@@michealdouglas8206 That's very correct sir!! And that is why most of them end up losing they money to scammers.

Don't be in a haste to invest. Know what and who you are investing to and be sure that the person will deliver before investing.