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I'm 22, How Do I Become Wealthy?

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The Ramsey Show Highlights

The Ramsey Show Highlights

Күн бұрын

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Пікірлер: 1 900
@stayfocused6481
@stayfocused6481 5 ай бұрын
I paid off $40k in student loans over the course of a year and a half. I put every single penny toward it since graduation. Tomorrow I get my first paycheck that I actually get to keep. It’s a crazy feeling.
@evanmorrison3232
@evanmorrison3232 3 ай бұрын
That's honestly impressive. 40k in in 1.5 years is wild for most. Ggs.
@lucilaolson5163
@lucilaolson5163 3 ай бұрын
Congratulations 🎉
@TwistaGuy2012
@TwistaGuy2012 2 ай бұрын
How did you do it? Asking for a friend 😅
@stayfocused6481
@stayfocused6481 2 ай бұрын
@@TwistaGuy2012 the biggest help was my income and very low living expenses. I landed a job making $80k after I graduated and only had about $1500 in expenses every month. That left a lot of money on the table for debt. It was extremely hard mentally to see these massive (or at least massive to me lol) pay checks coming in and turning around to punt it all on debt, but I’m very thankful I did. It’s such an amazing feeling to actually get to keep the money you make once you don’t have debt.
@khai5244
@khai5244 Ай бұрын
good for you man! i dont even know you but im genuinely happy for you!
@PawanSaw-gv6nf
@PawanSaw-gv6nf 21 күн бұрын
The concept of Secret Pathway To Triumph blew my mind. It’s like finding a cheat code for financial abundance.
@itsactuallysanama
@itsactuallysanama 3 күн бұрын
Bot lmao
@user-es8zy9zr7t
@user-es8zy9zr7t 21 күн бұрын
The fact that nobody talks about the book Matrix Golden Cashflow Tactics, speaks volumes why people dont earn a lot of money..
@brianadams2044
@brianadams2044 2 күн бұрын
any more info on the book?
@glennmaxwell5394
@glennmaxwell5394 Күн бұрын
It's bs, people write this about their books​@@brianadams2044
@CaseyBurnsInvesting
@CaseyBurnsInvesting 3 жыл бұрын
The fact that you’re asking that question so early shows that you’ll be wealthy one day. Keep at it.
@loliverde9955
@loliverde9955 3 жыл бұрын
Agreed. If you're even thinking about it you're already on the right track
@Themrleonkennedy1
@Themrleonkennedy1 3 жыл бұрын
Yes!
@ilovesasukeandleto
@ilovesasukeandleto 3 жыл бұрын
Depends on future trends with the economy.
@kalef1234
@kalef1234 3 жыл бұрын
@@ilovesasukeandleto buy the dip
@justinacase2623
@justinacase2623 3 жыл бұрын
@@ilovesasukeandleto time in the market, and a in demand job skill. Combo for success.
@VehbiErdem-z9g
@VehbiErdem-z9g 23 күн бұрын
It\'s crazy how hidden money manifestation on shirlest isn’t more talked about. It completely shifted my perspective and brought me abundance I never expected.
@Ankitparjapat437
@Ankitparjapat437 23 күн бұрын
it helped me change my life also
@Surajgaming-216
@Surajgaming-216 23 күн бұрын
thanks
@ElaishRahman
@ElaishRahman 23 күн бұрын
thanks
@YasminParween-uv3jw
@YasminParween-uv3jw 23 күн бұрын
thank you
@ArunSinge-ol7hr
@ArunSinge-ol7hr 23 күн бұрын
best ebook for sure
@BarbaraRichstone
@BarbaraRichstone 2 ай бұрын
Becoming rich is never easy. I've tried and failed but never gave up. l've saved up some money and now I am back again but not to do it all by myself this time. I will appreciate any nice person sharing useful/good advice.
@Andrian-ch3on
@Andrian-ch3on 2 ай бұрын
One crucial piece of advice I'd like to offer is to always have a solid investment plan in place. This includes setting clear financial goals, understanding your risk tolerance, and diversifying your portfolio.
@VitaliiSych
@VitaliiSych 2 ай бұрын
investing is a journey, not a sprint - take your time, stay patient, and stay focused on your long-term goals, have someone guide you.
@BarbaraRichstone
@BarbaraRichstone 2 ай бұрын
@@VitaliiSych I'm interested in having someone guide me as that was my last mistake but just don't know who.
@VitaliiSych
@VitaliiSych 2 ай бұрын
@@BarbaraRichstone Kristin Amy Rose is the licensed advisor I use. Just research the name. You'd find necessary details to work with to set up an appointment. Wishing you all the best ! 🚀
@BarbaraRichstone
@BarbaraRichstone 2 ай бұрын
@@VitaliiSych it was quite a straight forward process finding her on google. I appreciate your kindness.
@sunitabhadoliya9240
@sunitabhadoliya9240 27 күн бұрын
Anyone else here obsessed with Secret Pathway To Triumph? It's like discovering a secret treasure map for wealth!
@MegatPage
@MegatPage Ай бұрын
Your commitment to educating your audience is truly admirable. We all aspire to attain financial stability and improve our lives. This goal can be achieved through smart investments, mindful spending, and prudent budgeting. I'm thankful for realizing the significance of striving for financial freedom from a young age.
@StacieBMui
@StacieBMui Ай бұрын
Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.
@cowell621
@cowell621 Ай бұрын
I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years
@LiaStrings
@LiaStrings Ай бұрын
My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor.
@cowell621
@cowell621 9 күн бұрын
Credits goes to “Sonya Lee Mitchell one of the finest portfolio managers in the field. She's widely recognized; you should take a look at her work.
@VictorBiggerstaff
@VictorBiggerstaff 9 күн бұрын
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
@limaradam4728
@limaradam4728 21 күн бұрын
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
@lumivalkosnow
@lumivalkosnow 21 күн бұрын
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
@traumfee25
@traumfee25 21 күн бұрын
I'm favoured financially, Thank you Jesus $36,000 weekly profit regardless of how bad it gets on the economy.
@francisonyige9618
@francisonyige9618 21 күн бұрын
How ..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
@toni_leyn
@toni_leyn 21 күн бұрын
Thanks to Mrs Maria Davis.
@toni_leyn
@toni_leyn 21 күн бұрын
She's a licensed broker here in the states
@joeyphaze7509
@joeyphaze7509 3 жыл бұрын
I’m 8 months old how do I become financially independent
@wanilimbe
@wanilimbe 3 жыл бұрын
Rice and beans beans and rice
@mitshua
@mitshua 3 жыл бұрын
It's time for you to move out of your parents house
@scottthompson3493
@scottthompson3493 3 жыл бұрын
Sell the car!
@Yo-oq9gg
@Yo-oq9gg 3 жыл бұрын
mashed-up rice and beans
@elefantrising
@elefantrising 3 жыл бұрын
Don’t have kids too expensive
@AnastasiaIvan-hs3vg
@AnastasiaIvan-hs3vg 22 күн бұрын
The problem we have is because Most people always taught that " you only need a good job to become rich " . These billionaires are operating on a whole other playbook that many don't even know exists.
@LatoyiaCouch87
@LatoyiaCouch87 22 күн бұрын
Money invested is far better than money saved , when you invest it gives you the opportunity to increase your financial worth.
@AlanJuan52
@AlanJuan52 22 күн бұрын
It is remarkable how much long term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.
@RandyVincent808
@RandyVincent808 22 күн бұрын
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
@IsabellaJulialove
@IsabellaJulialove 22 күн бұрын
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
@KelvinAnthony5
@KelvinAnthony5 22 күн бұрын
Even with the right technique and assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
@moneybee
@moneybee 3 жыл бұрын
1) Live on less than you make 2) Continue to seek knowledge and learn 3) See rule number 1
@justinacase2623
@justinacase2623 3 жыл бұрын
Amen Ms. Bee
@randyparlor5953
@randyparlor5953 3 жыл бұрын
I often listen to people who say they've done that, however they never put great margin between income and expenses and they never put knowledge to use by taking necessary action to get rid of their debts and consistently invest in higher growth options over the years. So, they have not accumulated much to care for themselves in their latter years and to be able to give abundantly and consistently to help others.
@JP-dz7zu
@JP-dz7zu 3 жыл бұрын
That won’t get you wealthy unless you invest what you save, and invest well.
@justinacase2623
@justinacase2623 3 жыл бұрын
@@JP-dz7zu it works Everytime
@TheDiadara1
@TheDiadara1 3 жыл бұрын
@@JP-dz7zu invest in what?
@ChristopherAbelman
@ChristopherAbelman Ай бұрын
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
@FinnBraylon
@FinnBraylon Ай бұрын
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
@PennyBergeron-os4ch
@PennyBergeron-os4ch Ай бұрын
No doubt, having the right plan is invaluable. My portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.
@HildaBennet
@HildaBennet Ай бұрын
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
@PennyBergeron-os4ch
@PennyBergeron-os4ch Ай бұрын
She's “Sonya Lee Mitchell''. I choose to delegate my excesses to her because of her expertise. I suggest you look her up.
@HildaBennet
@HildaBennet Ай бұрын
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
@DM-hk7hh
@DM-hk7hh 3 жыл бұрын
Dave is so inspiring ❤️. Because of him, I no longer have only $20 in my bank account and no longer in debt. I’m 21 and a full time student. I work a 7-4 Monday - Friday job and play in a mariachi every weekend for extra income. Steadily, I’ve managed to save about $6000, which isn’t much, but I’ve really come a long way these past couple of months- all thanks to Mr. Dave Ramsey of course! I’m so thankful for him and his crew. I finally feel like I’m headed somewhere in life. So thank you from the bottom of my heart! ❤️❤️
@justinacase2623
@justinacase2623 3 жыл бұрын
You are on your way to great wealth! You know more at 21 than most 50 year olds!
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
Very good. At first I thought you were going to advertise a financial KZfaq channel or leave a name/number of a money genius like half the people here.
@justinacase2623
@justinacase2623 3 жыл бұрын
@@blackworldtraveler3711 you mean Mary Smith? She is almost as good as John Dough. I made millions trading FCOJ. I tried pork belly s, but with the war on bacon........
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
@@justinacase2623 You got it.
@justinacase2623
@justinacase2623 3 жыл бұрын
@@blackworldtraveler3711 LoL, next stop my seminars! It's a cross between a Amway meeting and faith healing, a love offering is required.
@SylviaJoe6
@SylviaJoe6 Ай бұрын
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
@janefry1
@janefry1 Ай бұрын
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience. If you're new to investing or don't have much time, it's best to get advice from an expert.
@ArmraJames0
@ArmraJames0 Ай бұрын
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
@AlexandraGray-t4
@AlexandraGray-t4 Ай бұрын
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@ArmraJames0
@ArmraJames0 Ай бұрын
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
@MichaelAD222
@MichaelAD222 Ай бұрын
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
@BeckyJames-g7m
@BeckyJames-g7m 2 күн бұрын
Excellent video as always but here is my problem I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do
@EricJose-hn6cf
@EricJose-hn6cf 2 күн бұрын
Most people think, investing in crypto is all about buying coins and leaving it to rise, come on it takes much analysis to be a successful crypto trader.
@BryanHarold-q6s
@BryanHarold-q6s 2 күн бұрын
Trading is easy, but trading the right coin without a time-tested strategy is incredibly hard.
@AbdulazizMuhammad-c3i
@AbdulazizMuhammad-c3i 2 күн бұрын
@@EricJose-hn6cfYou're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach her i really need help in this bear market now?
@FredMeyer-no3ji
@FredMeyer-no3ji 2 күн бұрын
Trading with Kate Herman trading analysis
@CharlotteMila-t7f
@CharlotteMila-t7f 2 күн бұрын
YES!!! That's exactly her name (Kate Herman) so many people have recommended highly about her and am just starting with her, Kairangi from Brisbane Australia..🇦🇺
@geo865833
@geo865833 3 жыл бұрын
18K. No wonder why some people just stay in unemployment.
@giveme10feet
@giveme10feet 3 жыл бұрын
Well it wasn't planned...and they owed him the money...but I don't recall Dave advising him what to do with the money.
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
They stay unemployed losing credibility and people step over them taking his place like in any other recession.
@dylanlyons6
@dylanlyons6 3 жыл бұрын
@@giveme10feet He told him to hold onto it until after graduation, to ensure he has the means to get through college...kinda like a safety net.
@giveme10feet
@giveme10feet 3 жыл бұрын
@@dylanlyons6 Dave does talk abt investing in yourself sometimes. And his education is more important than any other investment right now.
@hojaeyun6747
@hojaeyun6747 3 жыл бұрын
18k is nothing tbh. I been working through pandemic and I'm 22...
@lawrancemaileoi9378
@lawrancemaileoi9378 3 жыл бұрын
The fact that he’s majoring in finance, and he’s asking how to be wealthy is evident to how the school system pushes individuals to be great employees, instead of achieving financial freedom.
@Keirosqeen
@Keirosqeen 2 жыл бұрын
There is nothing wrong with working for someone. Financial freedom can be achieved by working at 100k a year job if you are good with personal finance.
@ryanmcauley1626
@ryanmcauley1626 2 жыл бұрын
They don’t really teach personal finance when you’re a finance major. There’s classes you can take specifically on personal finance, but there’s no major requirements for it because major isn’t typically catering towards that. Personally, you definitely get a good understand of how money works from a perspective, and have learned how loans work from physically scheduling them, to how powerful interest it, insight on how banks operate, but yeah we don’t really learn personal finance. It’s like every school jus expects you to learn on that on your own… after all a lot of them require people to take a lot of student loans out
@lonevoyager6026
@lonevoyager6026 2 жыл бұрын
@@Keirosqeen how though
@a.jpurple6515
@a.jpurple6515 3 жыл бұрын
I’d do what my bro did at 20, invest, be frugal frugal frugal, and got rid of Instagram off his phone. Gets rid of seeing our peers our age with high end watches and bags takes away a lot of pressure, especially if you’re a spender.
@svndvs
@svndvs 3 жыл бұрын
and then what happened?
@4ndy123
@4ndy123 3 жыл бұрын
.... so he is now a millionaire m..
@Chris-hz8lj
@Chris-hz8lj 3 жыл бұрын
@I. S How is it hard to believe that someone took up investing, deleted instagram and became frugal? All of those are easy to do and many people in our generation are doing it thankfully.
@EadsB7002
@EadsB7002 3 жыл бұрын
Excellent advice.. As someone nearly 40 (and doing quite well), i admit i do wish i'd followed similar advice years ago. Start young and start slowly/steadily and stick to it. The reason i feel like avoiding social media (or at least limiting it to a bare minimum) is ideal, is because it can affect your mental health as well as create "comparison-itis" ...
@daithi154
@daithi154 3 жыл бұрын
"get rid of instagram" me who makes money off running Instagram pages "hmmmm"
@censordat
@censordat 3 жыл бұрын
Like my older cousin use to tell me when I was in my early 20's, which motivated me to save up. "If, you don't have at least $10,000 in your bank account and $10,000 in your savings/stashed away...You're going to be in trouble because life is unpredictable and you need something to fall back on. Don't ever get comfortable, keep on grinding". Now, I have something nice saved up!
@AI-lf9qb
@AI-lf9qb 3 жыл бұрын
That's a lot of money not invested tho
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
Now I'm 20.I am doing business and become wealthy and rich.I will success my life in little age
@tybays
@tybays 3 жыл бұрын
$10k 😆. Need a little more than that.
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
@@tybays You need loan?
@censordat
@censordat 3 жыл бұрын
@@tybays Keyword AT LEAST, sound like you don't even have 10k now Lol
@JeanDagobert
@JeanDagobert 3 жыл бұрын
I love the mindset already most 22 year olds are not asking that question
@jeffreywhitaker5154
@jeffreywhitaker5154 3 жыл бұрын
EXAAAAACTLY!!
@LizaLavolta
@LizaLavolta 3 жыл бұрын
I surely wasn't. He is wise
@itrebor
@itrebor 3 жыл бұрын
21 here 🙃
@the1hylander568
@the1hylander568 3 жыл бұрын
I'm 22, debt free, biochemist, living in Ireland... what should I do??
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
@Joseph Allen Yeah part of the rat race is eagerly waiting for Friday every Monday morning.
@lkj0822g
@lkj0822g 3 жыл бұрын
The formula is fairly simple: 1. Get a job that you enjoy. Making lots of money doesn't mean anything if you are miserable. 2. Pay yourself first. 3. Live within your means. 4. Don't be bedazzled by shiny things. 5. Don't overspend on depreciating assets (cars, boats, etc) 6. Learn about compound interest. It is like fire, it can be of great benefit and it can destroy.
@arthrodea
@arthrodea 3 жыл бұрын
The lesson this guy just learned is: don't work, go on unemployment and max it out, let your family pay for every thing else.... and you can find yourself sitting on 18 K!
@thecurrentmoment
@thecurrentmoment 3 жыл бұрын
Regarding a job that you enjoy: Once you get your savings/investments/budget system up and running there's really not a lot to do with it, maybe an hour a week to keep everything in track, and you will be doing that for a looong time. This means that if you have the attitude of grinding your way through it you are going to be not a very enjoyable person, to yourself or others. For such a long game it pays to have something you can keep, hence work and hobbies/interests that you enjoy. This helps you to enjoy the journey and stick with it, which is important for a 20-30 year goal. If you think you will hustle and grind for 30 years ... good luck. When I was building wealth on a low income, having work that I enjoyed, friends, social activities, and regular hobbies that I was learning gave me something to look forward to every week. I could sustain that indefinitely. Once I got my habits in place, there was really nothing to do but transfer money on payday (5min max) and I knew everything was taken care of and I needed something else to do with my time apart from manage money. When I decided to tighten the belt even more and make faster process I dropped a lot of those things and didn't sustain it. So sometimes going a bit slower but with something you can keep up and sustain is the better option. And that is the role of doing things you enjoy, including work.
@girlychocolate6907
@girlychocolate6907 3 жыл бұрын
@@thecurrentmoment Thanks you so much for your words, you don't know how much it means to me
@jayr399
@jayr399 3 жыл бұрын
The most mediocre boomer fukn advice I’ve seen yet. Wow imagine not buying boats or cars? No stories to tell when you grow old. Boomers just need to be buried
@codymhurst
@codymhurst 3 жыл бұрын
I love that episode. Im 22 and made 144k this year. I live at home and am finishing my MBA degree debt-free. I also am trying to build wealth. I know if I start early I will be set. Knowledge is power.
@yme3267
@yme3267 3 жыл бұрын
Dufuq do you live and your job? 144k doing what?
@codymhurst
@codymhurst 3 жыл бұрын
@@yme3267 Selling real estate :)
@domesticviolencemastery3609
@domesticviolencemastery3609 3 жыл бұрын
@@codymhurst Can you help me,? I'm a new real estate agent and looking for a mentor. Thanks!
@hashrosinking1608
@hashrosinking1608 Жыл бұрын
Try moving out of your parents house first and pay off your $140k debt little by little.
@DtheogYT
@DtheogYT Жыл бұрын
@@codymhursttryna mentor a brotha? I need to do something like real estate
@oliviaralston1
@oliviaralston1 20 күн бұрын
Wealth is built in both bull or bear market and also wealth transfers from the impatient to the patient. One of the best ways to succeed in crypto is by trading your assets with a good strategy..
@TuncayErol-jy1il
@TuncayErol-jy1il 20 күн бұрын
I want to compliment you, you have said it all. I am a little business owner and I really want to expand my business to the next level by making myself an investor but I really don't know how to go about it..
@eileengardner5462
@eileengardner5462 20 күн бұрын
imagine investing in Btcoin earlier.... You could have been a multi millionaire precently
@ramadhanipongela1360
@ramadhanipongela1360 20 күн бұрын
​@@eileengardner5462 You are right. Been thinking of going into gold and cyptocurrency
@Bireshprema
@Bireshprema 20 күн бұрын
Assets that can make you rich *FX *Btcoin *Stocks *Gold *Real estate
@hamidu_-
@hamidu_- 20 күн бұрын
You’re right but a lot of people remain poor due to ignorance
@SimonSaysyo
@SimonSaysyo 3 жыл бұрын
In high school I had a credit card before my friends had a debit card. I was young and stupid and max them out. Paid the price when it came to paying all them off at the same time. Spent the next decade only spending what I had. 30 now with zero debt, overly blessed with my salary and still live as if I’m only making ends meet. Money is nice but doesn’t make you any happier. I wasn’t taught financial literacy but I’m grateful for people like Dave who educate and care about ones financial journey.
@SimonSaysyo
@SimonSaysyo 3 жыл бұрын
@@blackworldtraveler3711 that’s awesome man. I love to spend money, I’m by no means super frugal. I just don’t care about money. It’s comes and goes. I can be happy with just enough or millions.
@piraat070
@piraat070 3 жыл бұрын
160K is a blessing and in Europe thats upper class/ elite level. Most people get 30-40K a year.
@Jake-gp4jf
@Jake-gp4jf 3 жыл бұрын
@@SimonSaysyo do you mind me asking your job?
@SimonSaysyo
@SimonSaysyo 3 жыл бұрын
@@Jake-gp4jf I own and operate a Budget franchise.
@barbaragrace3027
@barbaragrace3027 2 жыл бұрын
@@SimonSaysyo me
@josueehdz
@josueehdz Ай бұрын
Moms, for helping people set up at the beginning of life will always be such a blessing. Never stop being grateful for what they do, and never take for granted their advices, mothers will always want the best for you.
@untouchable360x
@untouchable360x 3 жыл бұрын
Easy. Don't simp away your money like most guys did at his age.
@untouchable360x
@untouchable360x 3 жыл бұрын
@vincentrich - Banned But Not Forgotten Depreciating asset just like a car.
@shwnderek1739
@shwnderek1739 3 жыл бұрын
D A I L Y W E B E A R N . C O M helped me finance my business
@Big-Government-Is-The-Problem
@Big-Government-Is-The-Problem 3 жыл бұрын
wait, so buying 100k worth of Belle Delphine's bath water wasnt a smart choice? dang =(
@anthonylozano8035
@anthonylozano8035 3 жыл бұрын
probably already too late
@achavez78
@achavez78 3 жыл бұрын
No simpin' permitted!!! Coach Gang
@PopMami
@PopMami 3 жыл бұрын
Best advice, no matter your situation, is to be intentional with your money. Know what your money goes to, why, and if it benefits you.
@itrebor
@itrebor 3 жыл бұрын
or the people that truly want the best for you*
@NisYT
@NisYT 3 жыл бұрын
Wow... this is perfect.
@hallampreston853
@hallampreston853 3 жыл бұрын
I was concerned so much about my money lol 😂 when I started forex trading with Mrs Evelyn Gray now look at myself enjoying my profits weekly.😌
@eddiehamilton7784
@eddiehamilton7784 3 жыл бұрын
@@hallampreston853 how??? How???
@LisaMario-yi8vw
@LisaMario-yi8vw Ай бұрын
SHE RESTORED MY FINANCES
@LisaMario-yi8vw
@LisaMario-yi8vw Ай бұрын
The first step to attaining wealth is figuring out your goaIs and plans - either on your own or with the heIp of a financiaI pIanner, and foIIowing through with an inteIIigent pIan, you wiII gain financiaI growth over the years and enjoy the benefits of managing your finance.
@LisaMario-yi8vw
@LisaMario-yi8vw Ай бұрын
I am fortunate I made productive decisions that changed my finances (gathered over 1M in 2years) through my financiaI planner. Got my 2nd house in Feb, and hoping to retire nxt yr.
@LisaMario-yi8vw
@LisaMario-yi8vw Ай бұрын
Whosoever tries this sureIy acquires wealth. Get to her
@LisaMario-yi8vw
@LisaMario-yi8vw Ай бұрын
Elizabeth Green Hunts
@alexasecas5930
@alexasecas5930 Ай бұрын
Amazed by this, will partake on it sureIy.
@claresse2145
@claresse2145 7 күн бұрын
I am so glad I am seeing this now at 18 years old. I hope I can look back in 12 years' time and be proud I followed your advice.
@IvorThomson
@IvorThomson Ай бұрын
Hello, I wish to start investing but I don't know where to begin. Any advice or contact for help?
@user-ef6zt5lc5b
@user-ef6zt5lc5b Ай бұрын
It's wise to seek professional guidance when building a strong financial portfolio, due to its complexity.
@charlessophia
@charlessophia Ай бұрын
Talking to an expert like Nancy Hall to reshape your portfolio is a very smart move
@GabrielSamson-si2ho
@GabrielSamson-si2ho Ай бұрын
Certainly! I diversified my $40,000 portfolio across different markets.
@GabrielSamson-si2ho
@GabrielSamson-si2ho Ай бұрын
I made a net profit of around $109k by investing in high dividend yield stocks, ETFs, and equity.
@andresmaria
@andresmaria Ай бұрын
The reality is that, you cannot do it without a tried and true person like Nancy.
@kennnnnnnnnnnnnnnnnnn1242
@kennnnnnnnnnnnnnnnnnn1242 3 жыл бұрын
Dave, I’m 22 & $2000 away from being debt free, work full time just got a new job >$62,000 per year. I cash flow my school BSBA with a specialization in finance. I graduate June 2022. I want to take a year off after I finish my BS & then cash flow my MBA. I’m still working on my emergency fund. I live in a really expensive city and use your every dollar app. I have no kids but I have a dog he costs me about $200 a month but I love him.
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
I am 20.
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
I also have a dog,he costs me about $100 a month but I love him
@OIPIO
@OIPIO 3 жыл бұрын
I started listening to Dave at 19, forever thankful!
@MVT_Fishing
@MVT_Fishing 2 жыл бұрын
I started listening to Dave maybe a year ago , I now started saving and getting rid of all my debts. 10 K in savings account now 💪🏻
@Alistando3712
@Alistando3712 Жыл бұрын
That’s great. Now look into putting some of that money in a Roth IRA. Preferably with Fidelity Go. They manage your money through robo advice. Look it up and tell me what you think.
@MVT_Fishing
@MVT_Fishing Жыл бұрын
@@Alistando3712 yessir, thank you. That is on my list for sure. What do you think about Charles Schwab ?
@brentolive8919
@brentolive8919 3 жыл бұрын
I’m 22 too and I just discovered Dave Ramsey and I had the same exact question as a current accounting student
@christinao9407
@christinao9407 3 жыл бұрын
Invest 250 or at least 100 until you can do more into mutual funds with low expense ratio like vti , or fxiax ... you can buy these funds in your roth ira ... learn how to value stocks and buy great undervalued stocks when market pull back ... watch our rich jouney they retired at 39
@christinao9407
@christinao9407 3 жыл бұрын
Watch youtube videos on FIRE movement and read the comment sections , if you have a job that matches your contributions at least put enough to get the match
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
You need any help,i will help you definitely
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
I am 20.i am doing business
@patrickhenandez
@patrickhenandez 7 күн бұрын
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.
@lennoxmutterick6434
@lennoxmutterick6434 7 күн бұрын
Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks
@patrickhenandez
@patrickhenandez 7 күн бұрын
@@lennoxmutterick6434 However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.
@lennoxmutterick6434
@lennoxmutterick6434 7 күн бұрын
@@patrickhenandez Oh please I’d love that. Thanks!
@patrickhenandez
@patrickhenandez 7 күн бұрын
@@lennoxmutterick6434 Clementina Abate Russo is her name
@patrickhenandez
@patrickhenandez 7 күн бұрын
Lookup with her name on the webpage.
@paulgabel8261
@paulgabel8261 3 жыл бұрын
''There's no shortcut to a place worth going''.
@bandolierboy1908
@bandolierboy1908 Ай бұрын
That gold
@Bojulioo
@Bojulioo 3 жыл бұрын
first time I watched Dave Ramsey was in July, fast forward to today I have 10 000 Ef, 12000 in money market accounts, got my first real job (without a degree) earning 70 000 a year, and I own a small side business. Ive lost many friends, I do not go out anymore, and I am as happy as I ever been. -23 year old, living in a 3rd world country, gonna be buying my first house in cash in 4 years
@brianthornton8781
@brianthornton8781 3 жыл бұрын
If you don’t mind me asking, what job are you working without a degree making 70k because I am 25 working 2 jobs and need sustainable income. I just need direction and school doesn’t seem like a great option for me right now.
@Bojulioo
@Bojulioo 3 жыл бұрын
@@brianthornton8781 call center and I own a small business
@AylaAzalea8
@AylaAzalea8 8 күн бұрын
These billionaires which I am not one of them but they worked hard getting where they are they did not need to use this superstition that video talks about to become a billionaires they have all kinds of antiques, heirlooms and many clothes that they don't wear anymore and it doesn't stop being rich they work hard they know where to invest their money in and what kind of strategy to use to make themselves rich so don't need to do this false teachings says to do.
@HannahMegan-uf3sh
@HannahMegan-uf3sh 8 күн бұрын
It is not intended to be simple. It is foolish to find anything easy.
@GavinGrey699
@GavinGrey699 8 күн бұрын
The investor's goal is to seek value in a way that minimizes risk and maximizes reward.
@AmesArlo93
@AmesArlo93 8 күн бұрын
That is fantastic! I'm eager to start investing even though I have no experience with it. Which tactics do you use?
@DanielleBingham355
@DanielleBingham355 8 күн бұрын
Until their own emotions burn them, people downplay the value of counsel. A few summers back, after a protracted divorce, I needed a big push to help my firm survive. I searched for consultants with the right credentials and found the most qualified one. Despite inflation, he assisted me in increasing my reserve from $275k to $850k.
@MaryBegay350
@MaryBegay350 8 күн бұрын
By hiring a financial counselor, you can increase your chances of making money in the stock market.
@Denniss20
@Denniss20 3 жыл бұрын
I’m 37 and always been an advocate of investing since it has paid off handsomely since I delved into it. At least my retirement doesn’t look as bleak as it did a year ago.
@alexpavarde8698
@alexpavarde8698 3 жыл бұрын
A friend of mine tried to talk me out of investing because of the dangers. How true is this Chandler?
@Denniss20
@Denniss20 3 жыл бұрын
@@alexpavarde8698 I know that learning the ins and outs of investing is not for everyone. Personally, I trust Levi Clemans. You can reach him through his mail
@Allambeecairns
@Allambeecairns 3 жыл бұрын
Clemans has absolutely changed the game I don’t know if this was meant to be, but coming across comments here, getting paid today for the month’s trading cycle 🙏🙏 Is the premium service here to stay permanently?
@margarettasanjay2718
@margarettasanjay2718 3 жыл бұрын
@@Allambeecairns Please is he taking new investors I’m interested in starting to build my life
@Allambeecairns
@Allambeecairns 3 жыл бұрын
@@margarettasanjay2718 sure, he is!
@KS-cl8br
@KS-cl8br 3 жыл бұрын
Budget and write down every expense Invest 25% of income
@Themrleonkennedy1
@Themrleonkennedy1 3 жыл бұрын
Don’t have kids until you are financially ready, save and invest some money, stay away from debt as much as possible, live as fugal as possible, find someone who has the same goals and values. Smart guy to be doing this now! I forgot to add that it’s okay to splurge/ live a little bit. If you don’t do that you will probably fail. Balance is key.
@EadsB7002
@EadsB7002 3 жыл бұрын
Preach!!! Proud to say i have done all of the above...a few missteps here and there, but this exact advice is absolutely how it is done!
@Themrleonkennedy1
@Themrleonkennedy1 3 жыл бұрын
@@EadsB7002 no one is perfect but hey good for you!! You are doing better than most people in America 🇺🇸
@Themrleonkennedy1
@Themrleonkennedy1 3 жыл бұрын
Me as well lol
@TheBanjoShowOfficial
@TheBanjoShowOfficial 3 жыл бұрын
Telling people to not have kids is not good advice. Telling people to abstain from having children until they are financially ready and stable enough to support a child, on the other hand, is good advice. Don't tell people how to live their lives at that level. That's a massive part of life that most people want to take part in.
@Themrleonkennedy1
@Themrleonkennedy1 3 жыл бұрын
@@TheBanjoShowOfficial you are right.
@CameronKelentic
@CameronKelentic Ай бұрын
Great video! I am new to the st0ck and cry:pt0 tradng and i feel I missed out on all the opportunities so far. Please how would you recommend i enter the tradng market? I am looking at studying some traders and copying their strategy rather than invest:ng myself and losing m0ney emotionally.
@GarrettWilson-3w
@GarrettWilson-3w Ай бұрын
the first step to successful investng is figuring out your goals and risk tolerance either on your own or with the help of a financial pr0fessional but is very advisable you make use of a professi0nal.
@TashlynRosie
@TashlynRosie Ай бұрын
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. he helped grow my reserve notwithstanding inflation, from $175 k to $850 K
@MirandaPorterfield
@MirandaPorterfield Ай бұрын
Since I became so rich in crypt0-tradin I realise that trading is the future because I invested 30 k and made up to 200 k as weekly profit and am so happy about the current mar-ket
@CameronKelentic
@CameronKelentic Ай бұрын
How please I'm pretty new and feel I have much to learn, I would appreciate if you show me how to go about it?
@TashlynRosie
@TashlynRosie Ай бұрын
​@@CameronKelenticI'm guided by Henne Nate
@Mariam46255
@Mariam46255 9 күн бұрын
I've been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
@MiguelMaria-cb8pz
@MiguelMaria-cb8pz 9 күн бұрын
I will advice you should stop trading on your own if you keep losing.
@MiguelMaria-cb8pz
@MiguelMaria-cb8pz 9 күн бұрын
If you can, then get a professional to trade for you I think that way your assets are more secure.
@MiguelMaria-cb8pz
@MiguelMaria-cb8pz 9 күн бұрын
I'd recommend Bethany Jennings, her profit is great even when there's a dip
@AmirSingh-ep4kt
@AmirSingh-ep4kt 9 күн бұрын
Wow. I'm a bit perplexed seeing her being mentioned here also. I didn't know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been amazing.
@MiguelMaria-cb8pz
@MiguelMaria-cb8pz 9 күн бұрын
You don't need to be shocked haha because I'm also a huge beneficiary of her
@kingfam228
@kingfam228 3 жыл бұрын
I love it , I’m not there yet but the best part is im debt free ... started college at 24 made me look stupid to family & friends but turnt out to be the best because I entered college knowledgeable, Im paying my self thru college , payment plans each semester was the BEST IDEA that could happen for college yet not to many people use it.
@sorellly1517
@sorellly1517 12 күн бұрын
I’m 23 & I’m very determined to follow these steps 👍🏾 good luck to everyone out there that comes across this video
@benjaminsanders-oz5nu
@benjaminsanders-oz5nu Ай бұрын
To get wealthy quick and fast that no one is telling you is gonna suck and its hard when you start. Its called starting your own business.
@JoseSanchez-ie3ip
@JoseSanchez-ie3ip 27 күн бұрын
spot on
@xxnf99987
@xxnf99987 3 жыл бұрын
He's a finance senior and he's asking this question? As a finance senior myself he's either not a senior studying finance at a university or he hasn't been going to class 😂
@Liquid_market
@Liquid_market 3 жыл бұрын
He hasn't been going to class, he seemed like he was being honest in my opinion. I completely agree with you though lol third-year finance students should literally be able to build themselves a decent portfolio. Maybe he just wanted to hear what Dave had to say.
@aseellz
@aseellz 3 жыл бұрын
Textbooks aren’t exactly answering the question directly but he should atleast be able to know how to budget
@akumicobain
@akumicobain 2 ай бұрын
Every finance major doesn’t just end up wealthy
@michaelh5055
@michaelh5055 3 жыл бұрын
I wish I could go back to when I was a late teen and early twenties. I wasted so much freaking money on stupid stuff. I was taught that you absolutely need credit. Open cards, get loans, blah blah blah. Well that disaster led to bankruptcy at 25. I can only imagine if I just saved that money.
@kunalc248
@kunalc248 3 жыл бұрын
an expensive lesson my friend. we all go through some nonsense at some point. The good part is that you learned from it!
@josephscott1870
@josephscott1870 3 жыл бұрын
The bad news is you had a bankruptcy. The good news is you had a bankruptcy that gave you a lot of wisdom so you never make the same mistake and can pass on your knowledge to other people.
@cheeveka3
@cheeveka3 3 жыл бұрын
I’m glad that started when I was in my mid twenties best decision I ever made 😁
@swisher5weet
@swisher5weet 3 жыл бұрын
I spent all my money on drugs and partying back then. Wish I could remember but I’m sure it was fun. 🤣
@theflightsimulationexperie6894
@theflightsimulationexperie6894 3 жыл бұрын
I know what you mean. We all go through something stupid and make dumb decisions at a young age. I was told the same. You need credit blah blah. I received 41k when I was 18 because my father died when I was young and it was from social security. I blew through that money in 3 months and boy did I have a lot of “friends.” If I would have invested that money in a broad market index fund and forgotten about it until now, that money would be worth around 200k and that’s without contributing toward the investment fund. Hard lesson to learn for sure. But eventually I got intentional like Chris and Ramsey talk about. My wife have budgeted every red cent for a long time and have lived almost like we are poor. We have been saving for 10 years with a 600k net worth now. We will be millionaires hopefully by 42 and retire by 45 all because we made the decision to be intentional and live well below our means. You and everyone else can do the same.
@jordankroeger6581
@jordankroeger6581 3 жыл бұрын
I’m 22 and going through the exact same thoughts right now. I’m Canadian but still enjoy the content. So happy someone asked this question.
@justinacase2623
@justinacase2623 3 жыл бұрын
Eh?
@envii5122
@envii5122 3 жыл бұрын
@@justinacase2623 sorry?
@justinacase2623
@justinacase2623 3 жыл бұрын
@@cryptonewton2400 scammer
@msf-pxump_4754
@msf-pxump_4754 3 жыл бұрын
I’m 15 watching this guy learning
@TaggeGust
@TaggeGust 2 ай бұрын
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
@ForwardMozell
@ForwardMozell 2 ай бұрын
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@sakuracriticacorreooficial6907
@sakuracriticacorreooficial6907 2 ай бұрын
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
@pedroAgondel
@pedroAgondel 2 ай бұрын
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
@HighlightsSerieATIM
@HighlightsSerieATIM 2 ай бұрын
I'm new at this, please how can I reach her?
@user-um8pz5fl5c
@user-um8pz5fl5c 2 ай бұрын
Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading
@fortis619
@fortis619 3 жыл бұрын
Wow he got 18k doing nothing , no wonder most didn’t go back to work 😂
@crowntent7685
@crowntent7685 3 жыл бұрын
ya know it
@Yandel21ableify
@Yandel21ableify 3 жыл бұрын
We need more stimulus checks.
@codenameblazer
@codenameblazer 3 жыл бұрын
He obviously had a job so he worked for it beforehand. We are extremely underpaid anyway.
@cautarepvp2079
@cautarepvp2079 3 жыл бұрын
lol is it possible to get money without doing nothing?
@inspiradorupees3029
@inspiradorupees3029 3 жыл бұрын
@@cautarepvp2079 yeah
@chatinmorrison9880
@chatinmorrison9880 7 күн бұрын
my mom has blessed me my entire life i am now 18 years old and a bit lost but i know i want to retire her and make enough money to support my close family
@georgerubert7487
@georgerubert7487 3 жыл бұрын
Successful people don't become that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time.
@georgetalor7702
@georgetalor7702 3 жыл бұрын
Yeah! I agree with you sir.
@georgetalor7702
@georgetalor7702 3 жыл бұрын
If you want to be successful have the mindset of the rich, spend less and invest More. Don't give up your dreams.
@rihannamary7493
@rihannamary7493 3 жыл бұрын
That's very correct sir!! And that is why most of them end up losing they m o n e y to s c a m m e r s.
@oliviaemma1688
@oliviaemma1688 3 жыл бұрын
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.
@oliviaemma1688
@oliviaemma1688 3 жыл бұрын
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.
@ryananderson5644
@ryananderson5644 3 жыл бұрын
What I've learned in 2 years of marriage,, regardless of your spouse if you get married. Create a road map for everything you both wanna do. In the road map create a way to either increase or platue your finances based on what you want to do. Don't plan without thinking and don't spend without a road map to help alleviate your debt. As an example going to an out of state mall, we plan to spend x amount of money, and we either setup a stand to pay for the trip or we cut something out of our lives to pay for it. Just wanted to share.
@justinacase2623
@justinacase2623 3 жыл бұрын
Ryan, you need to put money back for when your wife comes home with divorce papers.
@giveme10feet
@giveme10feet 3 жыл бұрын
Graduate school and try to find a job paying at least $45k, save, invest, don't waste money on new cars, games, and girls! Get married to a woman that is wealth building like-minded like yourself. Avoid child-support/alimony and just make sure you two are on the same page, it's usually bad relationships that ruin men. Don't marry for looks whatever you do! And don't forget to Tithe!
@harenalang5891
@harenalang5891 3 жыл бұрын
Wealthy people keep their status by making productive moves like buying assets and investing passively but personally I recommend you do a background check up on your source before you invest, Ensure you are investing through a solid foundation source to avoid blowing your money away
@terrychristiana6160
@terrychristiana6160 3 жыл бұрын
Making money is a lot easier through investment because investing often leads to favorable outcomes,the only reason you should save money is to invest wisely
@solemlyn149
@solemlyn149 3 жыл бұрын
@Kevin Kenneth i have lost investing with numerous rigid traders on here,I’m still trading and learning to improve my technique but in the end i need to establish a more reliable source to passive income through
@laisonherberts6107
@laisonherberts6107 3 жыл бұрын
@@solemlyn149 through my years of trading and research the most valuable insight was getting in touch with pro trader Wilson and getting to earn massively through her,she is a licensed broker,contact her i trust she’ll help you earn
@laisonherberts6107
@laisonherberts6107 3 жыл бұрын
Ellenwilson020@gmailcom,Tele gram Ellenwilson020
@dayecastro874
@dayecastro874 3 жыл бұрын
@@laisonherberts6107 this is a refreshing coincidence,I invest and earn through Wilson as well, usually I don’t leave comments but seeing you speak good of her on here has increased my trust for her
@NikhLogic
@NikhLogic 3 жыл бұрын
Caller: My girlfriend is cheating on me in my car. Dave: Sell the car, problem solved (I'm just messing around, love your podcast & values on finance)
@rachelt.7408
@rachelt.7408 3 жыл бұрын
No. He would first ask how much income he makes and how much debt does he have not including his home lol
@alaynaholguin6089
@alaynaholguin6089 3 жыл бұрын
🤣🤣🤣
@420terrence
@420terrence Жыл бұрын
He would say sell the girlfriend and the car
@definitelynotlebronjames443
@definitelynotlebronjames443 3 жыл бұрын
I’m 19 pursuing my masters in finance and I want to know how to get wealthy. I’m knowledgeable but I love to listen to the advice of others as well and gain as much perspective and knowledge as I can.
@1.5Koreans0.5American
@1.5Koreans0.5American 3 жыл бұрын
He’s way ahead of the curve. Keep it up!
@Gnorde
@Gnorde 3 жыл бұрын
His parents paid cash for college, he’s been stacking 18k in unemployment. His question is how can I make more money. Yea, way ahead of the curve 😂
@Nain_9
@Nain_9 2 ай бұрын
😂​@@Gnorde
@Nain_9
@Nain_9 2 ай бұрын
​@Gnorde he is lucky, I'm currently paying my university with my part job time, I don't have money, I'm broke 😂, I'm 22 years old
@tampabayrodeo2474
@tampabayrodeo2474 6 ай бұрын
As a beginner, educate yourself: Learn the basics of investing and the stock market. There are many resources available online , including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research
@RobertBrown..
@RobertBrown.. 6 ай бұрын
Thank you for the lead. I looked her up and sent her an email. I hope she responds to me soon.
@anashasanain8676
@anashasanain8676 5 ай бұрын
Lmao i can tell the bots by reading the first line
@Takar100
@Takar100 3 жыл бұрын
Great questions from a 22 year old. Already on the right track. Just need to keep it in their thoughts as they go through from job to job, place to place, always trying to build wealth.
@funnyfall6911
@funnyfall6911 3 жыл бұрын
I am also debt free❤️❤️❤️.thanks dad and mom.
@Lauren-ib1wo
@Lauren-ib1wo 3 жыл бұрын
You can reach out to Charlotte to get started 👇
@Lauren-ib1wo
@Lauren-ib1wo 3 жыл бұрын
+1 (4 7 8) 2 1 0-5 8 4 5
@justamaninTN
@justamaninTN 3 жыл бұрын
Read “The Millionaire Next Door” and the “Little Book of Common Sense Investing” and you’re good to go.
@brittflores3973
@brittflores3973 3 жыл бұрын
I just paid off my car!!!!!
@OfficialBenji01
@OfficialBenji01 3 жыл бұрын
@@TY-vj3ou bot
@palettedpersona
@palettedpersona 3 жыл бұрын
Congratulations! 🎉🍾
@melissaduranestrada8943
@melissaduranestrada8943 3 жыл бұрын
Exactly why I don’t do car payments or leases.
@liambracey6708
@liambracey6708 Жыл бұрын
These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.
@richardsoncuthel810
@richardsoncuthel810 Жыл бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
@sebastianspiegler5801
@sebastianspiegler5801 Жыл бұрын
@@richardsoncuthel810 Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2019, and I return at least $21k ROI, and this does not include capital gain.
@taylorcoggan2054
@taylorcoggan2054 Жыл бұрын
@@sebastianspiegler5801 I need this tonight Is there any chance you could recommend who you work with? I am Working two jobs- trying to save to get my parents and I into a house. I am worn all the way out. It does not have to be this way.
@sebastianspiegler5801
@sebastianspiegler5801 Жыл бұрын
@@taylorcoggan2054 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with "LISA ELLEN SHAW" for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
@tjmcavoy-jensen871
@tjmcavoy-jensen871 3 жыл бұрын
I’m 21 and I am trying to be a 911 dispatcher which only requires a high school diploma, I wish I would’ve known this earlier, I have zero debt as well and I’m glad I found Dave before I had the chance to get into a disaster!
@tjmcavoy-jensen871
@tjmcavoy-jensen871 3 жыл бұрын
@@Ale-rx7bz thanks bro, I was stupid and decided to be an exercise major and am finishing that up, I was thinking about physical therapist school but after I found Dave I don’t want to anymore because I’d have to take out like 90K student loans. So I’m looking if there’s decent jobs I could get without a degree
@tjmcavoy-jensen871
@tjmcavoy-jensen871 3 жыл бұрын
@@Ale-rx7bz You have to be in a special PT assistant program to do it, I don't think I would be a good personal trainer and I think you have to get licensed for that also
@tjmcavoy-jensen871
@tjmcavoy-jensen871 3 жыл бұрын
@@Ale-rx7bz I will bro thank you
@justinacase2623
@justinacase2623 3 жыл бұрын
TJ, very doable! Keep in mind some places pay very well, while others it's ten bucks an hour. Not sure of your age, but go to your local 911 dispatch and apply as a trainee. If they say no, go to the next one nearest you. Willingness and ambition win out in any job.
@tjmcavoy-jensen871
@tjmcavoy-jensen871 3 жыл бұрын
@@justinacase2623 Yeah bro! I didn't get hired to the one I applied to! I was disappointed but after I graduate I can apply again and try to make myself more likely to be hired. I like medical stuff so I might try to become an associate degree Registered nurse also after i graduate
@ALXSSA
@ALXSSA 3 жыл бұрын
Hearing about that millionaire working at Dave's show keeps me motivated to stay on this plan. It has been working so far and I won't sway off. 😊
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
Many millionaires where I worked including myself and a few neighbors. Most people have no clue that they are because they just live care free without flaunting it. Straight out of the book "The Millionaire Next Door." Actually the first millionaire I've ever met when on my own was a high school janitor I worked with while going to aerospace school.
@mr.pocket575
@mr.pocket575 3 жыл бұрын
"I'm 22, How do I become wealthy" $1 dollar at a time son
@edwardpowley
@edwardpowley 3 жыл бұрын
Finally the video I have been waiting for. I am a college freshman but I am on track to graduate debt free and want to know the steps from here
@israelruiz8706
@israelruiz8706 3 жыл бұрын
You can read his book. I read it when I graduated college and I will admit it is mostly for people who are already in q financial mess but I still got some good pointers out of it.
@imveryhungry112
@imveryhungry112 3 жыл бұрын
Start investing in good mutual funds now or index funds and dont tinker with the investments. Only look at them to add more money.
@Noremac2310
@Noremac2310 3 жыл бұрын
@@israelruiz8706 @edward powley yeah its mostly for people who are already in debt but the 7 baby steps are actually really good simple rules to follow if you need a set of direct instructions. i would just look at his steps and go from there wherever you are at. I personally started at step 3 because I've never had debt. (I'm also a college student)
@israelruiz8706
@israelruiz8706 3 жыл бұрын
@@Noremac2310 im at two because I graduated with 32k of student loans but I just need 13k to finish off
@anthonylaney1062
@anthonylaney1062 3 жыл бұрын
Hey Edward, if you have Facebook, you should join the Dave Ramsey baby steppers page. Tons of people that are on all the different steps that offer advice and stuff to each other
@itzashick
@itzashick 27 күн бұрын
Secret Pathway To Triumph blew my mind. I’ve shared them with friends, and they’re all amazed at the shifts in their mindset.
@tysonkrehnke2835
@tysonkrehnke2835 3 жыл бұрын
Think of it this way. $18,400 a year at 12%, $20,500 a year at 10%, or $23,500 at 8% each for 17 years is a million dollars. That in itself is a livable wage of $60000 a year with modest investing further. 23 years old to age 40 is 17 years. That's the key for any college grad.
@Andy-lr8qp
@Andy-lr8qp 3 жыл бұрын
I put 23500 at 8% for 17 years it say you will have 87k at the end in an investment calculator?
@OvadiaCorporation
@OvadiaCorporation 3 жыл бұрын
Your numbers are really off... but investing and saving is no doubt the best way to build wealth :)
@tysonkrehnke2835
@tysonkrehnke2835 3 жыл бұрын
@@Andy-lr8qp no no. Adding $23500 additional dollars each year. At an 8% interest rate for 17 years. And I got that wrong It would be $18000 at 12%, $22000 at 10% or $27,000 at 8%
@Andy-lr8qp
@Andy-lr8qp 3 жыл бұрын
@@tysonkrehnke2835 oh I see now thank you
@exdividend7168
@exdividend7168 3 жыл бұрын
1 regret I have in my life is not asking myself these type of questions on how to become wealthy in my teens . I’ve learned everything in my own through many mistakes trial and errors . They say money is not everything or at all important, yet we find ourselves working for it . In my opinion money gives you more time to do the things you really want to do , you don’t need millions to live a peaceful and financial free life , just need to manage your money well enough to make it work for you . In my opinion 👍🏻 thanks Dave for your videos ❤️
@chloenicklas7112
@chloenicklas7112 3 жыл бұрын
I’m at the end of my freshman college year and I started watching Dave about a week ago, I hope I watch and continue to use his values through when I graduate I’m interested to see where I get.
@TheRealSandman
@TheRealSandman 3 жыл бұрын
I started investing and taking personal finance seriously at 21, my god how I wish I started sooner, I can't ever look back after going into this new world & mindset
@strawberryshortgirl2637
@strawberryshortgirl2637 3 жыл бұрын
I work $10 intern job and we didn’t get laid off since it was considered essential work, so I made that much an hour and wish I made $18k not working
@SisyphusJP
@SisyphusJP 3 жыл бұрын
Sorry, politicians don’t work and don’t live lives like you or I so giving more money for people who don’t work versus who do makes sense to them.
@michaelhughes3772
@michaelhughes3772 3 жыл бұрын
Thanks Dave I turn 22 in 6 months!! Im.going. be ahead now
@user-lh9fv4eq7o
@user-lh9fv4eq7o 21 күн бұрын
Secret Pathway To Triumph is so unique. I can’t believe I hadn’t heard about it sooner. It’s amazing how life-changing this can be.
@ecoh9947
@ecoh9947 3 жыл бұрын
I’m 19 years old. These videos are extremely useful.
@therealcoffeenation4701
@therealcoffeenation4701 3 жыл бұрын
Muscle is built by pain but not by comfort made me smile
@zahkyNZ
@zahkyNZ 3 жыл бұрын
I’m 15 and watching this I think I’m on the right track
@Lauren-ib1wo
@Lauren-ib1wo 3 жыл бұрын
For assistance 👇
@Lauren-ib1wo
@Lauren-ib1wo 3 жыл бұрын
+1 (4 7 8) 2 1 0-5 8 4 5
@santiagomiguel5180
@santiagomiguel5180 3 жыл бұрын
I don't know who really needs to hear this, you've got stop saving money. Invest some part of it, if you really want financial freedom.
@gustavojose7491
@gustavojose7491 3 жыл бұрын
If you don't have the means to multiply money, one day you will wake up to find that the money you thought you had is gone. Investment is the key.
@beatrizantonio8772
@beatrizantonio8772 3 жыл бұрын
Bit:coin is the future, investing in it now will be the wisest thing to do
@anapepe9905
@anapepe9905 3 жыл бұрын
Indeed its very profitable!
@sarahenrique1145
@sarahenrique1145 3 жыл бұрын
Mr Christopher George will be recommended based on his trading strategy and skills, his services are top notch
@irisinacio6105
@irisinacio6105 3 жыл бұрын
Wow, so surprised you mentioned and recommended Christopher George, I thought people don't know him, he's really good at what he does
@jeanp1323
@jeanp1323 3 жыл бұрын
Start a business, invest in stocks, in réal estate. Sell the business and enjoy the money.
@kevinkidneyy
@kevinkidneyy 3 жыл бұрын
Did you do this ?
@alexjones28
@alexjones28 3 жыл бұрын
@@kevinkidneyy no he didn't. He's like most us. Giving great info but not executing for ourselves.
@Kaiyats
@Kaiyats 3 жыл бұрын
@@alexjones28 I’ve tried this it went a little like this, start a business the business fails invest in stocks the stocks go down and lose all your money Haven’t got enough money for real estate
@FR-uf1kg
@FR-uf1kg 3 жыл бұрын
@@Kaiyats Any advice from your experience??
@Kaiyats
@Kaiyats 3 жыл бұрын
@@FR-uf1kg well I’m only 18 so hardly experienced
@TheBanjoShowOfficial
@TheBanjoShowOfficial 3 жыл бұрын
Caller: **starts hearing the outro music** Also caller: So am I getting an answer, Dave?... Dave?? Dave can you hear me?
@kryptoniterocks8245
@kryptoniterocks8245 3 жыл бұрын
Your show Dave is absolutly life changing.. Thank you for being here
@CarnivoreBum
@CarnivoreBum 3 жыл бұрын
Building wealth is easy, it just takes time. All you need to do is spend less than you earn, and save/invest the rest.
@douglassmith9445
@douglassmith9445 3 жыл бұрын
The BIGGEST mistake I made in my 20s was that I didn't work enough. I had many jobs but didn't continuously go from one to the next. The downtime in between kept leaving me broke. You need to keep a job at all times and when you switch, it needs to make u happier or more money but you can't have days off in between. This was easily my biggest learning lesson.
@leonjonesuk3521
@leonjonesuk3521 3 жыл бұрын
Hi, I’m just a normal bloke trying to help people, I’m not here to sell you anything or push you into anything. I’m simply here to help people, if you would like to earn an extra financial income for very little effort I may be able to help. Its not a get rich quick scheme, ponzi, pyramid scheme or MLM. All I ask is that you watch a video for 20 minutes and if you’re interested, let me know and we can go from there. Thanks for your time.
@bellasue02
@bellasue02 2 жыл бұрын
You've got your whole life to work. I wouldn't worry about it. Just dont do it now
@lipglossed
@lipglossed 3 жыл бұрын
Keep going, everyone! I had debt and basically nothing in my bank account when I started my financial improvement journey and now about to start Baby Step 4. Commitment does pay off!
@kylekulp8719
@kylekulp8719 3 жыл бұрын
Well done sir, some of the most important keys to success are always living well below your means and out working all those around you.
@Bike551
@Bike551 3 жыл бұрын
At 22 I had just graduated college with a bachelors of science from a private university, not a dime to my name in 08. $80k student loan debt and rising to start me off on the right foot. Jobs were scarce in 2008 and it didn’t get better till around 2012. Took 12 years of working up the ladder at jobs completely unrelated to my major to pay off the loans. Maybe by 35 I’ll be able to afford a 20% down payment on a home haha
@abcd-oh2te
@abcd-oh2te 3 жыл бұрын
What type of jobs did you work? Did your degree help you find jobs or do you regret doing it
@WarEagle78
@WarEagle78 Ай бұрын
We are in our 60s and giving our child a paid-for bachelor's degree was a priority from the beginning. He has a great job and offered to pay us back, but we asked him to pay it forward to his future children instead. We may not have generational wealth (yet) but to me the next brst thing is giving the ability to build your own wealth. (He's a software engineer, btw.)
@RJRussoVids
@RJRussoVids 3 жыл бұрын
Like Dave says, your income is the best tool that you have for building wealth. Get off unemployment and get out there into the workforce. Not only will the pay be better but you'll also build experience and grow your network. Neither of those things happen sitting at home collecting a check. Also, plan to move out of the house shortly after graduation. There's no motivator and growth catalyst like needing to cover your own rent and utilities. I'd rather have a bit less money in the bank and already be out on my own (in fact that's what I did in my early 20s) than have a bigger bank account balance while acting like I'm still a kid living under my mom's roof. In short, go out there and get it!
@jakenyajones7268
@jakenyajones7268 2 жыл бұрын
Yes. This is so true. I am on my own for about a year now and I think about money different because I have to maintain on my own.
@deconstructingnarcissism3062
@deconstructingnarcissism3062 Жыл бұрын
The pay sucks balls. Why do you think everyone gets on unemployment? Because it literally pays better than all these low wage, crap jobs for doing absolutely nothing!!
@LOLEliSays
@LOLEliSays 3 жыл бұрын
They didnt even answer his question
@mr_phamtastic
@mr_phamtastic 3 жыл бұрын
I felt the same way but most people are saying to be intentional with money
@douglassmith9445
@douglassmith9445 3 жыл бұрын
I think a better answer than being intentional with money would be to never stop working and never stop getting paid, then be completely intentional with every dollar. 20% invested the right way per month and you'll be a millionaire in 20 years. From there, doing meditation, and patience building exercises would probably help the most.
@mr_phamtastic
@mr_phamtastic 3 жыл бұрын
@@douglassmith9445 I like your answer a lot better than my simple one! Good explanation
@douglassmith9445
@douglassmith9445 3 жыл бұрын
@@mr_phamtastic thanks!
@Cozmic-mike
@Cozmic-mike 3 жыл бұрын
There is no way to give a single answer to such a blatant question.
@danieliglesias1314
@danieliglesias1314 3 жыл бұрын
As a 21 year old, I think of this every single day living in poverty rn.. god be with me
@christhefiend
@christhefiend 2 жыл бұрын
How are you doing now?
@BenjaminButton6573
@BenjaminButton6573 13 күн бұрын
3 ways to be rich 1- your born into wealth 2- you start a business 3- you invest into real estate Simple
@wigglybiscuit7940
@wigglybiscuit7940 Жыл бұрын
I have the mindset. Im 20 right now and after countless videos on how to be successful I think what I need is someone to really learn off of
@livingunashamed4869
@livingunashamed4869 3 жыл бұрын
Its simple, live below your means and stay out of debt to free up your income to invest. Compound interest over time will get you there. The more income you can free up the faster you can become wealthy aka the fire movement.
@anthonyjames4319
@anthonyjames4319 3 жыл бұрын
If only every high school student could read this paragraph. Well put man.
@kimecosx
@kimecosx 3 жыл бұрын
I’m trying to teach my bf’s kid brothers this, sadly only the youngest of the 2 10yr olds have been very attentive and eager to learn this stuff from me. So I wonder how much money he will be gettin starting this early. 😆
@steveb7144
@steveb7144 3 жыл бұрын
More or less. Over Working is for suckers.
@the1hylander568
@the1hylander568 3 жыл бұрын
I'm in similar position as caller, any tips to where I can learn more about compound interest?
@blackworldtraveler3711
@blackworldtraveler3711 3 жыл бұрын
@@anthonyjames4319 Most won't listen or even acknowledge this.. Parents should have planted that seed long before high school.
@ibrahimpasha8229
@ibrahimpasha8229 3 жыл бұрын
The answer is simple but the action is hard. You start a business.
@sickkunt1573
@sickkunt1573 3 жыл бұрын
you don't have to, if you eanr good money and you invest it then you'll be wealthy in the future. Ofc a business can generate a lot of income in a short period of time, but it takes a certain type of character
@senthilnathannathan4683
@senthilnathannathan4683 3 жыл бұрын
@@sickkunt1573 yea,Now I am 20.I am also doing business
@itsoktonotbeok8983
@itsoktonotbeok8983 3 ай бұрын
Wealth is a mindset, being secure is another thing. See so many people searching for quick riches. Focus on changing your lifestyle. Make sure you have own home and pay off as quickly as possible to make sure your kids have something to build on. Be striving for more but don't over reach and risk your own security
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