Quick question. What banks do you recommend for your Debit cards?

Thank you !

How is this comment older than the videos?

​@@jessiethompson8533😅 😅😅😅😅😅 😮😅😅😅😅😮 😅😮😮😅😅😅😅

Real shit excuse my french

Facts

Yes, that is my challenge!

@@trishmartin6410 You can do it!

😮‍💨😮‍💨😮‍💨

Correct, just give it a go and choose to change your life

Idiot😂

It worked for my wife and I!!

How old are you?

My wife and I are good examples of high income earners with no wealth. Almost $350k/year, together. High living will destroy your income no matter what you make. Trust me. I got her onboard about a week ago, we are barely into baby step 2 and we are soon to be baby step millionaires. The change in momentum is astounding once you believe in yourself.

You mean 5

Did your parents pay for college? Work through college?

@@AlexanderWebster_ My wife has an associates degree and her parents paid half of hers. So she had 15k in student loans. I have a bachelors degree. My parents paid for a very small amount. I graduated with 60k in student loan debt and they probably paid 5k of that so I would say we had about 75k in student debt. Plus we bought 2 brand new vehicles during that time and our house. Everything is paid off but the house.

@@dakotagoldwood6385 Sounds like you guys worked really hard and are responsible with your finances! Well done!

Fantastic!

I did the same in 1995 and 1996 two jobs. After I paid off the credit cards $5500, the truck $11000, and student loans (about $8000 dropped out) it changed my financial future. I am a millionaire with paid off home and retired at age 55 after working in machine shops for 28 years. The system works. You will do it

You got this man. Take it out, quit your second job, and enjoy the freedom of no debt

@@SRTBOAT seriously, I really appreciate that and you can bet I will.

You’re not alone, we can do it!

9k is considered a small amount these days. Keep at it man

"How did the $1000 help you out? It's a relatively small amount of money."

@@Manihsi Because my rent is only 650 and I'm only buying food for one. Yeah its a small amount but that small ammount was a months expenses for me. That gave me time to get back on my feet.

@@clientornaka4690 "Thanks for your response!"

​@@Manihsiif $1000 can go a long way!!!! It's more about realising and appreciating that you have $1000 instead of $0. If you have $0 what will the Lord bless??? (Not saying that the Lord is limited in His strength/power). If you have $1000, a friend could top up that.

@@clientornaka4690you’re goated

I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters

Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.

I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

I've experimented with a few over the past years, but I've stuck with ‘’Angela Lynn Schilling” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

Find somebody to get you off God now, as you cannot be so stupid to believe in an imaginary being if you are smart enough to follow sensible financial advice.

Amazing! You must feel incredible 🎉

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

in times like these, it's crucial to be cautious and not rush into the market , Who is this your FA , my portfolio needs urgent attention , been a lot of loss.

Sharon Marissa Wolfe is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

Congratulations!!🎉

Congrats 👏🎉

Congrats!

Easy for you to say, you got fattt divorce payments, alimony and CS. Lol

@@charlesg7926 Sad mindset you've got there. I can tell you aren't successful.

🎉

LETS GOOO! Congrats!

I wish you luck... but watch out who you _uck next time. I do congratulate you for actually having a child. You are an awesome Mom!!!!

The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.

​@@EdmundEthan093 I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 1.2million.

@@roxdietren I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?

@@AlfredStephen127 Claire Robert’s Durand is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

Keep going. Debt free is an amazing feeling in itself. And it only gets better as you go. On step 6 now.

@@paulbarteltii9998 Nice! Congrats. It feels great with the amount I've knocked out already.

Me too. Once I sell my car/payoff that loan & get a cheap one I’ll be free. House is paid for. Kids are grown. Even then budget will be tight as still have to pay property taxes, etc. on limited SS income. BUT free . . .

​@@joygarrett8397Good luck!

Remember... baby step 2 is not forever. It's a short period of time to sacrifice to get to financial peace. Imagine the rest of your life with zero debt! I can tell you it is awesome

I love the vibe.

I just finished watching the entire video. It's really eye-opening to see the bad habits and advice we've been given. I'm pursuing the wealth that allows me to put food on the table and to keep the electricity on for strangers who are struggling. There's something about it that motivates me.

And how successful are you if you don't mind me asking?

What about your mother?

Our elders are really frugal, mine are too, I wonder if they are missing stuff, I guess not really

✅

Do you mind if I ask what you do? My ultimate financial goal is to be able to work because I want to, not because I have to. Mainly not wanting to work a fulltime job in the future but I can't think of many jobs that allow part time outside of retail and fast food.

@@katie6632 we both work in logistics.

Do you mind me asking what was your debt starting out and what's your salary?

This is my goal.. well done

Me too, started on this path 4 years ago after living payday to payday until I was 48. I am now making good progress to retire at 65 in relative comfort. Stick with the plan it works.

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.

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

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

I'm new at this, please how can I reach her?

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

Good luck

Congrats on getting out of debt!

You got this!

I'm right there with you!

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

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.

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

I'm new at this, please how can I reach her?

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

I don’t understand the point of these types of comments. Soooo don’t try?

That's why he said it is the hardest baby step,it is the behavior

I was speaking with a financial counsellor about this and she was really caught up on this point. In my head I was thinking that anyone who can't save the $1K needs to expand their income. True enough that a percentage of people just can't increase their income, a large percentage of folks can. And that's Dave's point about "gazelle like intensity". It very much is a psychological process and a screening tool. As those who can't, or won't complete baby step one, are not going to complete the others. Those people will either accept their lot in life or find a different process I guess 🤷.

They can’t save 1k but they ‘can’ buy the new iPhone on credit card? Please.. if you want it bad enough, anything can be achieved

I think it’s down to Ramsey said people can do it in a month. I just sat down and it’s going to take me 4 months to save with working my side hustle. I’m on month 2. It’s hard but I’m going to get it.

I totally checked the playback speed lol

Coffee

That's what coffee does to him😂

You ought to actually listen to him on double speed

He’s like out of breath from speaking so fast

The best option is usually a combination of both but it heavily depends on your current situation. A lot of small debt snowball is probably better. A few large debts avalanche is the better option.

THAT'S the mindset you need to maintain. Eyes on the prize, WINNING!

Where do you keep your slush fund? A money market account or something?

@@SamTexan91 Hi Sam, I'm British & in the UK. Currently we have 2% interest bearing "ready money" / "instant savings" accounts available to us. I have multiple accounts now - all have around £500 to £600 in them (the ready money ones). When something breaks, I use the money in these "slush funds" (instantly ready money) to buy what's needed then I write up a spreadsheet with columns showing what I "borrowed" from my savings and on a day by day basis adds interest to the "debt (TO ME)" less any repayments - just like having a loan from a bank. I then just pay the self loan off as quickly as I can whilst still running my household and saving elsewhere NORMALLY - the longer it takes me to repay the loan the more interest I end up saving FOR ME!

He's got a curriculum for schools.

The school down the street from my house teaches it in their High School

The evidence suggest this is not true. Countries with rapidly growing middle class, usually becaues of successful reforms and democratization, seem to have increasign debt.

@@JudePi-jx7yo while that seem to be true, don't forget the cultural and religious heritage that plays a huge role on people's perceptions of debt. For example, in the Islamic faith, charging and paying interests on loans is strictly forbidden. It is as forbidden as murder if not even more. So in Muslim societies people have a sensitivity to being indebted let alone being indebted with interests!

So the baby steps actually do work? I'm 17 and my parents are pushing this greatly.

@jason401. yes, they do, I'm turning 32 in the next few weeks, and I have been focusing hard on staying debt free and investing for my family's future. Planning on saving 50% of all extra funds I earn for a bigger house and buying it cash like we did our first place in the next few years and growing my family.

@Evergreen.prepper buying your next house in cash? Well done! Congratulations

Yessss​@@jason401.

I got through baby step 2 by listening every day and watching the 10 minute shorts before bed. You can do it!

@@Snesboy09 thank you for the encouragement!!!

Every day listening is key

Nice 😮 👌😲

Sell the car

Well that’s enough internet for today 😂

The true Ramsey Method

😂😂😂😂

Don't make being a lefty your identity , don't identity with anything and you'll be free to think for yourself

Go you!!!

I’m an immigrant who came to the US in 2020 and I make around 80k with 2 jobs, I don’t have any debts, I think it’s crazy how it’s normal to set up yourself for success beginning with debts such as student loans.. I’m not where I want to be but I’ll definitely not stopping

Do a 30 and pay double when you can. When you can't don't. It's easy.

Right there with you, can’t wait to breathe and do step 3.