I had a heart attack at 57, no warnings at all and I lived a healthy lifestyle. Thanks to Dave's plan I was/am debt free with 1 1/2 year emergency fund. Because I did not have to worry about money I recovered quicker and better than expected during the 4 months I was out of work. Thank you Dave.
@multimeter28594 жыл бұрын
Glad you're ok bro.
@GR-uc1gq4 жыл бұрын
Hope you are doing better
@robbieholmes40236 жыл бұрын
I’m only 16 and I feel like I’m so lucky to be able to find you and be able to follow your knowledge to make me financially strong
@chargermaster5866 жыл бұрын
Robbie Holmes They show us his videos in personal finance class.
@kirapoodle6 жыл бұрын
Yes, you are lucky. Be sure to start investing from the moment you get your first job. You could even retire (only if you want) by the age of 30.
@joelcollins95025 жыл бұрын
I'm literally scratching my head, ummmm not having health has zero to do with money, money however does make it easier and less mentally stressful when your not healthy so.....
@angelicajones56195 жыл бұрын
Im 16 too i would love to retire early.
@JohnDoe-gc1kt5 жыл бұрын
Enjoy your life you're only 16 you haven't even faced any real problems or made any real money. But what you should practice is saving.
@hoyeshibg13706 жыл бұрын
I noticed, when I stop listening to Dave Ramsey,I started spending unnecessary again, need to listen to you every day Dave!
@chargermaster5866 жыл бұрын
ninzki b didn't even know about him untill they should his videos to us in personal finance class.
@lavendarj73184 жыл бұрын
hoyeshi BG same here 😫
@andredavy18064 жыл бұрын
so true when I listen Dave my hand is tightttt with money.
@Belizean2054 жыл бұрын
I prayed to God, why am i always broke every year. He showed me Dave Ramsey.
@mkite7153 жыл бұрын
Me too and that’s when I found Dave also 😊
@chrisbaker26695 жыл бұрын
If you make $80,000 a year and are content with $40,000 a year you dont have to worry about money.
@1redrubberball4 жыл бұрын
I'm going to agree with you. I'm retired and can live on ($1K) 31% of my monthly net income. Having control of my finances, being able to be happy without spending money, having the ability to deal with unplanned spending without it becoming a crisis, having hobbies and interests, all contribute to my contentment. I can't complain!
@blacklyfe55432 жыл бұрын
But most people don't downgrade
@aarondrawe23365 жыл бұрын
This stuff needs to be taught in our high schools instead of 10-15 years later when people are in too much debt then they can handle!
@davem41934 жыл бұрын
My son is in high school and told me that his personal finance teacher showed the class a Dave Ramsey video. It gave me hope for the future.
@acarouselofantics4 жыл бұрын
@@davem4193 I'd be very surprised if your son was shown it in a public high school. Although I know that it can be possible.
@davem41934 жыл бұрын
@@acarouselofantics he goes to public high school. I was shocked when he told me. He said his teacher showed the class a couple Dave Ramsey videos. This particular teacher is my son's favorite. Most public schools have a couple teachers who are really good but are forced to stay silent out of fear for the consequences of going against the leftist group think that's so prevalent in public schools.
@acarouselofantics4 жыл бұрын
@@davem4193 Yes sir, I agree! It sounds like your son has a smart teacher, especially if he knows the wisdom of Dave Ramsey. Yeah, most teachers - including myself - would never go outside of the curriculum. (Fortunately, I'm getting out of education.)
@mattandrews17333 жыл бұрын
There's a business idea!
@mathgasm84845 жыл бұрын
I am already financially free , but I love to work so I just do my thing.
@nickpavloff89774 жыл бұрын
What’s the job that keeps you coming back? If I may ask
@dancer14 жыл бұрын
YeH what job?
@Retiredmco6 жыл бұрын
Dave its a WONDERFUL feeling bro!!!! completely debt free as of last june. It's an amazing feeling.
@2ears1mouth7866 жыл бұрын
Congrats! Can't imagine what a relief that must be!
@granitemoss14516 жыл бұрын
Congrats, looking forward to it myself. Working on slaying that mortgage. We're years ahead but have a few more to go. I love it when folks like you remind the rest of it that it CAN be done, and it's worth it-thanks.
@Retiredmco6 жыл бұрын
K H-C Thanks my friend, stay strong on the journey!!
@yayii_worldd38156 жыл бұрын
congrats!!!
@joedoe78396 жыл бұрын
Guess who? So, you are on baby step 3?
@rthelionheart6 жыл бұрын
Financial independence implies that one has freedom, particularly when it comes to choices. I can walk out of a job I no longer enjoy doing without worrying about paying that month's rent. I can spend time with my family without being concerned about how I am going to retire comfortably. Options, choices to say the least.
@granitemoss14516 жыл бұрын
'They' always say money doesn't buy happiness, and I think that's true-sort of. But like you say, it gives you choices. The more options you have, the happier you are.
@Blvkcoyote6 жыл бұрын
K H-C Exactly! Being rich is nit going to make me happy. But it’s going to allow me to have great experiences with my family and friends which is where happiness is.
@az21bob6666 жыл бұрын
I agree, If I had million of dollars I would go to college, and take class I want, not care about a job, if I take job, it would be one I like, maybe a night club. money is FREEDOM, if you have money your boss walk in and say every one laid off, most people cry, how am I going to pay for rent this mouth. you pull out your phone and start making plans to go to VEGAS for the week.
@Wanderer256 жыл бұрын
az21bob666 I love that analogy lol
@az21bob6666 жыл бұрын
why I don't have money like that, I have two jobs and I save, my boss used give sat pay as punishment, I used to loan people money on Friday, and get paid on Saturday plus 20 dollars, and if you mess up again they gave you a week off with no pay, and then they wait a few day and call you back if they need the help, I told them they gave me a week off I going to vages, they never tried it.
@DrFrostyNutz5 жыл бұрын
To me financial independence means not having to work a job you hate just to pay bills. It's having the ability that if your job becomes a drain be it due to management changes, regulations, or just out growing the position that you can either easily quit or change to a more agreeable job at a significantly lower compensation rate. I work as a physician and have other physicians I work with that absolutely could not walk away from the job even if a new government regulation required them to do headstands in 2 feet of $**t for half the day. This is despite them being over 55 years old. The income amount is not irrelevant, but it is much less relevant than making wise decisions with the amount you do have.
@The4Tifier3 жыл бұрын
Every day I have to ask myself, “Do I have everything that I need? Do I lack food, water, shelter, or other means or making me happy?” Every day, I’m thankfully able to answer with a “yes”, and I thank God for that being the case :)
@switchbladeromance14666 жыл бұрын
Having money is great but NOTHING without your health people!!🤕
@tiffanykyer6 жыл бұрын
Switchblade romance most times it effects your health.
@alp.96726 жыл бұрын
Switchblade romance absolutely true
@Dom-xi8je6 жыл бұрын
And water is wet captain obvious
@JulioLopez-xz5kx5 жыл бұрын
@@Dom-xi8je Smartass
@dazeerae5 жыл бұрын
It’s not one or another. One can have health of body, finances, spirit, etc. Dave happens to focus on financial health. I watch other KZfaq channels for physical health advice.
@nomesontour4 жыл бұрын
Wish I had found Dave 10 years ago! But better late than never 😀
@susanvelez65346 жыл бұрын
Excellent! I needed to hear this I'm a 56 year old single mama work two jobs and have got the bills of the house/ mortgage/ food. Not having much left over but I needed to hear this. Thank you!
@christophermorales15525 жыл бұрын
Yo go girl 💪
@Wanderer256 жыл бұрын
To me, financial independence is not needing to get up and go work for someone in order to make money.
@nightfangs29105 жыл бұрын
If your working for the other guy you will never have money
@cm53945 жыл бұрын
ron sylvia thats not true. There’s nothing wrong with working for someone else when you control your own money
@bartvanriel67675 жыл бұрын
That IS the definition I'm pretty sure
@candeffect5 жыл бұрын
@@cm5394 I agree. I was always an employee and I am now FI in my early 60s. I started saving and investing in my late 30s.
@Dizzinator21145 жыл бұрын
CauseAndEffect how much were you investing when you started?
@MonumentalTeam6 жыл бұрын
Financial independence just means you aren’t reliant on working for enough income to support you and your family. It means being self insured as well.
@HonestFinance6 жыл бұрын
It would be nice to not “have” to work
@dallastaylor54796 жыл бұрын
Honest Finance yes it is nice. I retired at 55. It's incredible! Love it.
@sbrazenor26 жыл бұрын
I 'have' to work, so that I can achieve the financial goals that I have, but I chose work that doesn't punish me daily. I enjoy going to work most days and while there are challenges, I look back on those hard days later and laugh at how inconsequential they are. I'm starting to see my acceleration through Baby Step #2, and hope to hit #3 by the end of 2019. Despite being college educated and having a relatively high IQ, I choose to drive a truck for a living. It's a basic, satisfying job and I can tell just how productive I've been every day by the amount of miles I've driven and the goods I've moved. My company also has a pretty large charitable program and I have personally transported millions of dollars of food to local food banks. I have also helped get clothes and school supplies to needy families, as well as offer help to veterans through my work. That giving has actually had a far more profound impact on me than I might have previously expected. Instead of the grind of filling a cubicle or office while shuffling a never ending pile of paperwork or looking at Excel spreadsheets, I've had the opportunity to enjoy the billion dollar view that a windshield offers on my daily road trips. One day, I'm looking at the Manhattan skyline at sunset. Another day, zipping through the White Mountains, or some other scenic place. And while the roads are long and congested, and even filled with danger, I still love the freedom. Retirement for me will likely be buying a Class C RV and trekking across this beautiful nation. I've been to 23 states, but I still have a very long way to go to make it to the rest. I just want to make sure that when I do make the leap and jump into that as a full time hobby, I'm going to be wealthy enough to afford gas and supplies for the trip. (It could take a while, since there's a lot of miles to cover.) If you find yourself getting bothered by work, figure out what you're working toward. That will assist you greatly in not feeling the strain and stress that work often brings. Also, have fun with your work. If you're smiling and laughing, it doesn't feel like work.
@aldelgado93436 жыл бұрын
just do wise choices with career and investment, you can accomplish that.
@NXT_Nena5 жыл бұрын
SeanFromPVD I would love to talk to u for advice. I am a nurse. But I don’t enjoy my work bc my coworkers always make it hard. No matter what unit or dept I’m in. I’ve done inpatient and outpatient. I’ve been on the phones. I’ve done clinics. And i jus hate the negative energy I get off of other ppl. I have been trying to figure something else out for years. I have two kids and I would love a fun job where my kids don’t have to go to daycare and I have to pay huge daycare bills. I’m talking over 2k a month jus in daycare. It’s making me miserable. Along with HAVING to work jobs that pay enough to cover it and being stuck around miserable old coworkers who hate their life and take it out on genuine ppl around them. Please help me come up with a good plan. Thank you.
@wildflowersmile32244 жыл бұрын
I am almost 40 and having enough money just for the basics in life has always been a challenge. I grew up in poverty and growing out of those deeply rooted beliefs and mindset is an on-going battle.
@blacklyfe55432 жыл бұрын
Facts me too I'm 23 I don't know what it's like to be rich
@michael22756 жыл бұрын
Financial independence just means you're not dependent on a third party to live on an ongoing basis.
@waaar38566 жыл бұрын
Out of curiosity: who's the 2nd party?
@chrono1066 жыл бұрын
That might be the strict definition, but Dave has a good point here. A lot of people who achieved FIRE say that they fell into the trap of thinking financial independence would be a cure-all for their lives. And I’ve heard several podcasts about FIRE where people said they hated doing basic financial tasks after retiring which were no problem when they were working. Dave just said that he thought the terminology was a little strong, and I tend to agree. I love planning for financial independence, and me and my wife are probably another 4-5 years away, but I’ve probably wasted whole years just thinking how easy life would be when we were financially independent, which is not true unfortunately.
@sasablink5 жыл бұрын
@@chrono106 yes probably. But that's not due to fire being strong or wrong or unrealistic. That's because nothing is be all end all solution in life. Beauty, money or love on its own don't resolve all your issues nor guarantee you won't have more. Anyone who believes that achieving a specific goal will provide never ending joy is just stupid. Life changes, we change and goals need to have continuity. The difference is that if you have fire you have more time, energy and means to deal better with other issues. Is like having 5 kids and one goes to college. Now you have just 4 to deal with daily.
@wheel-man53195 жыл бұрын
Yes!
@annagilda16 жыл бұрын
Thank you Mr Ramsey, as of Tuesday, I will have 0 credit card debt. After which, it's time to destroy the minimum payments on my student loan, which should be paid off in the next 6-8 months. ( I only have a very small student loan because I primarily paid cash during University.) I'll be fully debt free within a few months. I drive an old car. I don't owe anything on it and finally, life is looking like I can manage and start making a few plans/goals/dreams for the future. Thank you so much.
@tinawelch25454 жыл бұрын
Congrats!!!!!!
@yeseniarebollar60705 жыл бұрын
Feels good to have an emergency fund. Thank you Dave ♥️
@candeffect5 жыл бұрын
Financial independence for me is not having to work for others and don't need to own a business (self-employment) to make money to live well in my chosen lifestyle. My FI is SS + two small pensions + investment distributions + full healthcare insurance coverage. I don't have to be dependent on others for money and I don't have to risk capital to make extra income to enjoy my lifestyle. If someone cared enough to encourage me to save and invest as soon as possible in my 20s, my FI would be 2 or more times today.
@rickshaw2964 жыл бұрын
Dave, "Financial Independence" means being 'independent of a job with a boss that controls my life, and gives me a paycheque.'
@genxx27243 жыл бұрын
And he know that. Smh.
@TrinaMCay6 жыл бұрын
I love watching your video! I know the feeling of not worrying about money. Am blessed and i worked hard for what i have now and continuously working for money. Thanks Dave for all your wonderful lectures on finance!
@randy.deville15305 жыл бұрын
I drove a dodge truck for 20 years it had no AC no power steering I had my most fun those years in life-I have worked hard give a lot in life-been blessed I now have 3vehicles a new 4x4 truck under my garage I only drive when I go fishing-I owe for nothing I think back I had my most fun in life when I drove the dodge truck and had little!!
@GrislyAtoms124 жыл бұрын
"I had my most fun in life when I drove the dodge truck and had little!!" Maybe you had little because you were having the most fun? Some fun stuff is free, but a lot of fun stuff costs $
@lindaleelaw52775 жыл бұрын
It's the idea we must sacrifice one thing - short term, for the long term.
@elyserhyne2435 жыл бұрын
It means independent of an employer. You can live and pay your bills off of money that isn't given to you by a customer or employer. People retired living off their 401ks are independent. People that retire early off the money they invested are independent. It doesn't mean you don't care about people.
@michaelwoods44954 жыл бұрын
"What would it be like to never worry about money?" It would be like this. It took us a long time, but it surely is nice!
@eonnad826 жыл бұрын
Financial independence to me just means I choose how I live because of how hard I work for myself, not necessarily by myself.
@lifewiththesmoaks69823 жыл бұрын
Not financial independence... financial freedom ! Not having debt & not having to depend on corporate america for income.
@Lion_McLionhead3 жыл бұрын
The more you have, the more you worry about losing it.
@stareagle50004 жыл бұрын
Financial independence simply means your are not dependent on a job or career to pay your bills. What that actually means money wise and what those bills are will very from person to person. Dose it mean a roof over your head and food on the table, or dose it include things like a new car every couple years and tons of vacations? But the basic principle is you are not reliant on employment to meet that number.
@teslavoltagames32086 жыл бұрын
It is about taking responsibility in your life for you and your family. Taking control of your finances is about responsibility.
@granitemoss14516 жыл бұрын
Yes!
@MrAceman826 жыл бұрын
Exactly. Building wealth is 80% behavior, and 20% head knowledge. It is about responsibility.
@eduardorodriguez5506 жыл бұрын
content this moment with the person I love and loves me as I am
@ImOldandSoAreMyBooks6 жыл бұрын
Eduardo Rodriguez You have the most important pieces in place then.
@mimifoote48795 жыл бұрын
Hey some of us left wingers are debt free and love you Dave!! Lol
@farithcarreon59474 жыл бұрын
Seriously I dont like when he starts talking politics I tune out
@thomashaas59655 жыл бұрын
All thats meant by financial independence is that you're free to leave one employer and go to another...or none at all if you have the money to retire
@drewallen44716 жыл бұрын
I think what Dave is getting at with the independence thing is yes you may have enough to be financially independent but you do not have the ability to give or leave it to future generations because you just have enough for yourself. It’s important to continue building wealth to pass on an inheritance so your family can stay ahead and be successful.
@011angelfire6 жыл бұрын
I feel like everyone has their own definition of “financial independence.” Most people seem to think that it means paying your own bills and generating your own income without relying on your parents/family/spouse to provide for you. But it seems to me that that’s a pretty low bar to clear. I’m independent of my parents for money, now that I’ve just graduated and moved out. But when you think about it, I’m still dependent - it just shifted from my parents to my employer. For me, FI means that I could quit my job right here, right now, and the income from my investments would sustain me indefinitely, without having to dip into the principal. That is true independence: total control how I use my time, which is the most valuable resource. That is my ultimate goal, and I won’t stop until I get there.
@Engagenumberone6 жыл бұрын
011angelfire That's all good and well but if you think about it, you're still dependent on the management of the companies you're invested in. If they go bankrupt, cut their dividend, etc., in other words, one is never really financially independent unless you can print your own money !!
@011angelfire6 жыл бұрын
quad comparator That is a very fair and valid point. However, given the choice of dependence on my employer and dependence on the management of the companies I’m invested in, I’ll take the second one any day. I’d be an owner, not an employee. If I’m not happy with the performance of a particular fund or company, then that entity no longer manages my assets. I’ve never had an investee tell me when I can and can’t go on vacation, what time I have to be at work and what time I’m allowed to leave, what I can and can’t wear, and what resources I do and don’t have access to.
@legslikewhoa Жыл бұрын
I can’t even imagine what life would be like without the immense, heavy anxiety.
@johnmuckleroy6 жыл бұрын
As long as it is fiat "paper" you better always be worried if you have any sense of what is going on.
@supersmart6716 жыл бұрын
In the same passage what Dave quoted, the apostle warns us about people trying to get rich. Dave could you kindly clarify that?
@jogmas125 жыл бұрын
That can never be achieved except you cast your cares upon the Rock.
@aldeiceci8183 жыл бұрын
Living on a 3% annual draw on investments earning an average 10% gain is the plan for a stress free retirement. .
@natetrout14 жыл бұрын
The republican in the White House and the ones running the senate could use your courses to learn how to actually balance a budget. Like Clinton did...
@nightfangs29105 жыл бұрын
Financial Independence to me means free from the burden of poverty
@kardu20635 жыл бұрын
Like your video Dave! Thanks
@Zoraiz894 жыл бұрын
Thank you for reiterating that "independence" is not the end goal.
@leafybotanist89856 жыл бұрын
In the words of Forest Gump. "One less thang."
@ajrosario24456 жыл бұрын
Sound information Sir.
@eyermolochis67076 жыл бұрын
Hey Dave you have a point I never thought about this
@michaelwoods44955 жыл бұрын
What would it be like to never about money? Like the way I am now. I'm 72, though, and it took a lifetime to get here. Follow Dave's plan and give it time.
@markwhittaker68663 жыл бұрын
Well done. Still could have another 30 years of life to enjoy. So go enjoy.
@johnrome94113 жыл бұрын
Any tips you could give me on how to be wealthy when I retire or any advice in general I am 18 years old and I would like to invest but I’m not sure what is the best
@domainationteam3 жыл бұрын
i believe financial independence is living off the resources of your own investments, example: if you accumulate a bit over 1.5 mil by age 60 you can live 30 yrs on 50k per year with no debt at all and depend on NOBODY FINANCIALLY
@Joe-jc5ol4 жыл бұрын
Having money is also a source of worry lol
@Windsurfingaddict7 ай бұрын
Just asking what camera are you using to record this as the quality is very good 😊
@leaverus3 жыл бұрын
Financial independence means you could get fired today and you wouldn't care.
@dennispatterson4998 Жыл бұрын
Maybe Dave- financial security is a better term here- Also you are right- It could all go away in a flash. Correct- God's blessing has a hook- To whom much is given- much is required.
@lorrainehenry92405 жыл бұрын
In dependence. Depends how you spell Dave! We are dependant on God for our health and everything that pertains to our well being. The bible says Who does my help come from? Very important principle.
@joycewatt34435 жыл бұрын
Amen!! I prefer the term financial freedom. I think not having to be concerned about money provides a sense of freedom...that is freedom from the NEED to work a traditional job. But also, our true freedom is in God too.
@leftapple884 жыл бұрын
"A million dollars isn't a lot of money anymore." - Said by a multi millionaire
@tonyfeller96764 жыл бұрын
it sure is not worth what it used to be
@blacksmith03164 жыл бұрын
A million dollars to someone who spends like they have 2 million is not much.
@sceptikal10603 жыл бұрын
You can't retire on a million dollars
@InvestingHustler6 жыл бұрын
Great point like always 👌🙏
@lynny55106 жыл бұрын
Dave would you please give some advice for those who have former criminal convictions. Those people don't have the luxury of getting second and third jobs to pay off debt. Everyone says to just start your own business. If one is able to make that happen that is great but that doesn't help make extra money when he or she is needing to pay off debt. Even with a college degree there is no forgiveness in the corporate world if one had ever been arrested. These people can't even rent a place to live due to being unable to pass a background check. So they end up homeless. I am in the process of trying to help a few people with employment and housing and I am hitting a steel wall in every direction. So disheartening.
@ACooperNorthwoodsWriter6 жыл бұрын
L J maybe find a nonprofit to help? 🤔
@rosspimental83843 жыл бұрын
I find Dave most Christlike when he calls people “idiots,” “psychotic,” “stupid” and “left wing nutjobs” . . .
@blameitonmya.d.d46846 жыл бұрын
Bill gates does not worry about money . Ever
@bradleyhite34766 жыл бұрын
Bill Gates still stresses about money, if he makes one bad decision thousands of people could loose their jobs.
@outdoorsnevada41386 жыл бұрын
Neither does Steve jobs bahahaha
@d7eemo2704 жыл бұрын
My dad os quite rich and I don’t worry about money at all. And i am doing iOS development and running a startup car service application. I guess what makes me going is the weight my dad and family put on me to produce more on my own. As i feel more and more of shame not to carry on the family success.
@Joe-jc5ol4 жыл бұрын
Financial independence means I don't HAVE TO work. Will I continue to work? Probably. But I don't have to put up with an abusive employer, I don't have to endure through a schedule I do not like etc... If I have that money.I can also take bigger risks like switching countries and trying to do something new if you know you have an incoming cashflow that is not dependent on my stupid idea working lol
@67judson6 жыл бұрын
"Left wing nut jobs" The more I listen to Dave, the more I listen to Dave!!! Thank you for speaking of God in your discussions.
@MegaDiddlemaus3 жыл бұрын
How much is enough to live comfortably? Do some calculations on what you really need as a budget on a monthly basis. The rest are just extra expenses like emergency and wants.
@dragonfly71165 жыл бұрын
Helping to earn instead of hurting to earn which is monetary gain to punish the enemy.
@commentgod94456 жыл бұрын
How about debtually independent. .. just independent of debt
@user-vg5rv5xf4u6 жыл бұрын
The bible says a lot of things but I respect you Dave Ramsey ...Good thinker
@wheel-man53195 жыл бұрын
99% of what Dave teaches is either directly from the Bible or derived from Bible study.
@MichaelMMorganm9846386 жыл бұрын
FIRE
@dragonfly71165 жыл бұрын
Contentment is being able to work without being fired or unemployed while the government doesn't pay you to be disabled.
@dragonfly71165 жыл бұрын
While training for a career.
@bartvanriel67675 жыл бұрын
Financial independence means you can live your life independent of you working, say a $40k passive income and no house payment means you're financially independent if you live like the average American
@sarahchristyrose58276 жыл бұрын
I’m a “left wing nut job” that been helped monumentally by your content. We can figure it out too 😉
@lizbosen7716 жыл бұрын
Sarah Christy Rose I had that same thought too.
@bradleyhite34766 жыл бұрын
He means how extreme leftists think that the more money you have, the more you must have stolen/taken from people/society. Right wingers tend to believe the more money you make the more you must have giving to people/society. The more jobs someone gives to people, the better quality job/products they make, the lower price one offers people all makes a person more money. If your a super rich person, the people you help benefit off your wealth more then you benefit off of your own wealth.
@kenny32696 жыл бұрын
Sarah Christy Rose same here. Funny, I know just as many folks on boths sides of the aisles, politically, that look for handouts. It goes way beyond political alliances.....
@chrisp50025 жыл бұрын
Dave why are you confusing 'seclusion' and 'independence' with FINANCIAL Independence? Financial Independence is just that, your finances are not dependent on working to sustain your lifestyle. Your investments bring in enough money where you are not DEPENDENT on anybody else to live. No job etc. Money doesn't need to have relationships.
@alanarzate935 жыл бұрын
The goal is to have financial freedom
@GenuineGents6 жыл бұрын
I'm going to phone in if nobody can answer me, but I want to know if I can follow this guy's advice of manual underwriting homes in Canada ie. Get rid of my only credit card, forget about a credit score, and still get involved in real estate investing!
@jennig30903 жыл бұрын
Thank you god thank you dave
@anarchy10904 жыл бұрын
That’s why I’m tryna gain control of the financial markets so I don’t have to work for nobody
@seymourcake7526 жыл бұрын
What about financial freedom??
@des1510 Жыл бұрын
We dont need a LOT of money Just some Things Thats it !!!!! After awhile a house is still a house Just some important things Like "all day" use
@kailashnair44473 жыл бұрын
Dave Ramsey with a NW of 220M USD is right when he says Financial Independence is not his goal. That's coz he is already there 😂
@howlinwaters5 ай бұрын
Fill up your coffers with tons of money, and then your every waking hour is spent worryng about how to keep the money, how not to lose it, is this investment going to lose or gain, etc., etc. You're not free from worry ... your worries have only increased. Jesus said, "Oh, the deception of riches."
@IntoTheTrees_13 Жыл бұрын
That would be nice.
@A-t-r-u-s2 жыл бұрын
I've always wondered why God financially favours some and not others?
@bmaiceman5 жыл бұрын
So what is your position on money. If you have no spouse or kids and not likely to ever have it. So no one depends on your money but you???????
@laz7354 Жыл бұрын
I miss these videos, with Dave's biblical foundations fully in the open.
@JustinJoe3942 жыл бұрын
I wish Dave could keep his politics out of his message!!!
@joedoe78396 жыл бұрын
I assume keeping in 3% for inflation, and take out the earnings from the interest which I calculate at 7%. If I amass 1.5 million then it will provide me with $105K income per year.
@diego-lima5 жыл бұрын
Tell that to the FIRE people...!
@melaniexoxo6 жыл бұрын
When he said "left-wing nutjobs" I immediately looked at the ratings on this vid
@brittanytarto36875 жыл бұрын
Yea.. that was a little unneccessary
@pkal2445 жыл бұрын
Lol this came completely out of left field when I was listening and came to the comments
@ElectricityMarketInIndia4 жыл бұрын
What a nice voice he has
@elwellstreet1115 жыл бұрын
I'm chasing down debt like a cheetah chases down a gazelle. . .if the chase lasted multiple years
@Kota3175 жыл бұрын
If you buy a island are you independent then?
@patrickjordan22334 жыл бұрын
And it's but t even worry less.., because who sues a poor man? Who robs a poor woman? Who kidnaps a poor adult? So replace 1worry with another? Worrying is a choice.. Awareness & planning reduce worries... But, I sleep well, so what do I know?
@cswann83 жыл бұрын
I wish I had a dollar for every hour spent pondering this question.
@tshandy13 жыл бұрын
Without going into the details, I'm financially comfortable (investments, no debt, etc.). I'm here to tell you the human brain will still find new stuff to worry about (but of course, you won't worry about paying your bills -- just new stuff.)
@jaypence3325 жыл бұрын
Is that possible!?
@dragonfly71165 жыл бұрын
Wealth is what is earned threw a lifetime.
@1redrubberball4 жыл бұрын
"Wealth is what is earned thorough a lifetime", that isn't consumed.
@LadyLetii6 жыл бұрын
Financial Freedom
@MrDigztheswagking5 жыл бұрын
Yes indeed
@dylanmartino79753 жыл бұрын
I never worry about money 💵 not because I’m rich or anything because I don’t got money to worry about so I’m kinda free