วีดีโอ

Ya know what, YES I DO. They at least passed and advocated for legislation that is good for regular folks. The AFFORDABLE CARE ACT and the INFRASTRUCTURE BILL. Both the men you mentioned successfully pulled us out of a recession created under Republican watch. So yeah, they care a whole hell of a lot more than Musk or Trump who are in this for themselves.

And please stop with the WHAT ABOUT-ISM. That doesn't prove Musk or Trump care or are even capable of running a government.

Yup--there is lots of bogus information out there. I found all the information for this video via Google. It's important to know how to find facts and what to trust. RFF and his vaccine nonsense is NOT a scientific fact based on medical research. Trump spews lies, and the MAGA support helped America believe it. He was only elected because people believed his nonsense. Yes, Americans (and the world) must be wiser in this digital age.

1000%

What is your greatest fear?

She, her, hers-why?

I wish I could laugh, but this whole Trump win is heartbreaking on many levels. :(

I know unfortunately we all have to bear the consequences of how majority of this country could make such a foolish decision as to picking a Felon to literally run the entire country.. this is far from funny

Thanks much. I thought Dave Ramsey's snowball was to start with the highest debt. Or do I have something wrong?

WHAT? Please get your head out of the disinformation bubble. #GodHelpUs

Post a proof source or I'll remove the comment. I refuse to spread hateful lies.

@@Fearless_Finances -Research alternative sources that reveal how Soros funds illegals & how many sanctuary politicians are getting richer. Also research how Oprah tried to make money off the Maui tragedy & her fund raising efforts through exploiting African school girls. May God help you open your eyes & find truth

Are we not going to try to make it better?

What part of this makes you thing that I voted for a lying rapist like Donald Trump? Good God Almighty, I am deeply offended.

And good gravy, get your sympathy meter working again. We have lots of work to do protecting America and informing people of a better way.

And seriously, do NOT offend those who are on the same team. Your comment implying that I was fool enough to ever vote for Trump is offensive.

@@Fearless_Finances -Also, why do you keep speaking the Lord's name in vain? Please stop do that.

​@@strajearocks11Saying GOOD GOD ALMIGHTY is NOT taking the Lord's name in vain. I'm calling on the Power for patience and reminding myself to speak Truth as Jesus would.

What?!?! You realize the growing wealth disparity is caused through the collusion of the rich and their control over the government, right? Please stop with the failed story of those without enough caused their own problem. Pretty sure that there are many, many working poor who didn't choose it.

PS China isn't little.

I stanchly disagree. Biden passed a lot of legislation that was designed to help middle America. www.whitehouse.gov/briefing-room/statements-releases/2023/06/28/bidenomics-is-working-the-presidents-plan-grows-the-economy-from-the-middle-out-and-bottom-up-not-the-top-down/

I suggest you do a little research on the facts. Even your gross use of nicknames indicates your getting information from the disinformation cesspool. Please become better informed. Your country needs you.

@@Fearless_Finances sure Bush, Obama, B-H admin did a terrific job to better the lives of millions of Americans , as well as many ppl around the world I'm sure you can get first hand testimony of ppl from Afghanistan (women have it great after we show them the way), Irak (almost 1 mill civilians got Uncle's Sam Freedom), Syrians got to enjoy Europe, Gazans or Ukrainians have been enjoying the aid that falls from the sky thanks to Camel-a and Brandon . ALL politicians, most judges and many law enforcement agents, have the best interest of the people they serve, oh Santa is real SO don't let anyone to tell you otherwise. Your perception of relativity, empirical knowledge, analysis and critical thinking is just at another level, not sure why are you not in a position of power you fit the bill to the T.

That cat needs to wake up! ❤️

I delete comments that are personal attacks versus a discussion of the points. I will continue to uphold this policy.

However, I did not delete any of your comments on this video.

You're a very interesting man. If you are so right, why not leave your comment and my replies to allow the reader to decide?

I don''t like your tone nor your assumptions. Simply because you proclaim your right without leaving the proof gives you nothing. In fact, it makes your argument less valid because someone with strong convictions doesn't hide their thoughts. Just saying. Best of luck to you in all you do and come on back. I love a good debate. People don't have to agree to learn something from each other.

Thanks 👍I hope to see you back!

Please provide proof of your claim that workers lost their jobs. In Seattle when the increased wages, the restaurant industry thrived because people had money to go out and eat.

This speaks to the HEART of billionaires. Demanding more money while other people live on the streets is GROSS.

And why not pay dividends to the investors? IF YOU PUT MONEY INTO THE HANDS OF MORE PEOPLE THE WHOLE ECONOMY THRIVES.

I also love how you tell me and people who want a lousy 20 bucks an hour to not get greeedy while Elon Musk whines to get another 50 billion. Um, okay 👍 👌 🙆‍♀️ 😳 😐 😕 Really, please start seeing these men for who they are.

BTW, ALL companies should pay more. The wealth gap continues to grow as the 1 percent get richer. Meanwhile, people vote in a man who has NO interest in helping the 70 million who put him there. It's witnessed by Elon Musk taking funding from kids with cancer but ensuring his billions of government funding were in the budget.

Thanks for stopping by. I hope to see you again.

Buying a little gold can be a great investment and a little fun. Gold always does well when people are afraid the economy will head to a recession or tank, but it's a little tough to use it as currency. LOL. Have fun deciding what will help your portfolio the most!

en.m.wikipedia.org/wiki/Cryptocurrency

@Fearless_Finances interesting, I think Wikipedia isnt a good source. Research is always a better route if you wanna have a good following.

A few considerations: 1. If you wanted a different resource, YOU could have Googled it YOURSELF. 2. Your answer is in the title. There was NO need to even ask this or bother me. 3. There are a BUNCH of other resources in that same description. 4. And finally, Wikipedia to answer your question listed several words for CRYPTOCURRENCY that others did not. Geez.

WOW.

Thanks. I hope to see you back.

I'm with you. He's another old man talking head.

HAHAHA! I am recording from an Airbnb because I travel the world. Nice try, though.

​@@Fearless_Finances cheap clothing and bad hair. Does not look successful to me. Multiple videos from cheap homes with 8 foot ceilings?

You don't have debt IF you have more money in savings than what you owe and that savings pays you.

@@Fearless_Finances I disagree. If I have 10k in the bank, and a 10k loan at 4% interest, and if the 10k is making say, 6% that 2% spread if you will, will be eaten in taxes and or fees. I'd be better off paying the 10k loan off, then saving up 10k and get the full 6%. semantics aside, your example shows someone in debt. If you owe, you owe...no way around it.

​​@@skills7071you just changed all the numbers to prove your point. This video talks about a mortgage at 2.5% and the S&P 500 at 15%. And yes, taxes should be considered but it's not a given. I could use a Roth IRA or an annuity. The S&P is taxed if I sell.

Hey Marcus, that works swell when we don't have men who beat their wives and children, or sexually abuse them, or go horn around. So while I get your point, she would have been well served saving her pennies so she had money to take care of herself and her kids.

I really am tired of men suggesting women stay in marriages that clearly there was a reason she was willing to do all of this to get out of. If you'd like to help women, maybe advise men to be better partners.

@@Fearless_Finances Sure, I will advise men to better partners. No problem with that. As for your friend, though, it seems she chose poorly in who to marry, or chose poorly in not being the one to move out first.

@@marcusantimony7535 Oh good--another blame the victim. Marcus, we all make choices in life. Sometimes it works in our favor, sometimes it doesn't. There is no magic bullet, but my friend's intent in purchasing this home from her X was to care for her children. That is honorable and noble. Please do not use her tragedy to devalue the financial lesson that she would have done better by saving the money. PERIOD.

@@marcusantimony7535 Also, had they paid off the home as you suggested, unless she had the money saved as I recommended, she would have had to use a mortgage to buy him out of the home. And BTW, thank you for chatting with men so fewer women are hurt. Really appreciate it. <3

I agree on two counts--I don't like DR either and we can't easily spend home equity.

Budgeting advice is helpful. Dave Ramsey is lying when he says millionaires aren't in debt. Many of them use debt to avoid taxes and to preserve their wealth. Why wouldn't you? That is the beauty of savings. You can pay off the debt or let it grow. You have choices.

All you have said is true, BUT if you have the money saved to pay off your house, you are also no longer in debt. It also means you have more control because you have cash. Your home is not a liquid asset.

Paying off your home fast isn't wrong, it's just NOT as fast or flexible as saving it instead. Best to you in your retirement. Have you watched this video on guaranteed life income--a personal pension? You might want to check it out: th-cam.com/video/kqlGGfhG8ic/w-d-xo.html

No matter what plan we pursue, out of control spending must be curbed.

So very true. It is so very important to consider where things are at as far as interest rates and investments. I hardly ever recommend people pull money out of their investments at a loss, though, unless they really have to. If it went down, I assume it was not the S&P 500. Certainly there have been a few hiccups, but it recovered in a short period. That is why something fairly broad, like a larger index, is a good pick, too. I am sorry that happened. I've had some downturns in my life, too.

I agree that Dave Ramsey is a fool on many levels.

Very astute, faith driven. It's a shame not all those driven by faith can identify scheisters. ❤️

Very true but let's hope that people hearing the value of a good idea can help them steer away from some of those bad habits. Thanks for sharing!

BTW, we get a warm fuzzy feeling when we have tens of thousands or hundreds of thousands of dollars in savings too. Especially when it's enough to pay off all debts and support us.

WHAT? Um, no. Still not smart to pay off a 2 percent mortgage. Also, interest rates are NOT political. They're an economic tool. Maybe you want to watch our video about the federal reserve.

Here's the video on the Federal Reserve and interest rates: th-cam.com/video/Q3zvXUBpg8I/w-d-xo.html

If it is medical debt, there are ways to get it forgiven. Here's some information on that: th-cam.com/video/sPBF53vPALA/w-d-xo.html&ab_channel=NPR

Yup! So many priciples from my book. Keep getting all those credit card freebies.

You are saying Trump never lied? Are you kidding? Um, Trump lies ALL the time. Do me a favor? Google it. "How much does Trump lie." It really is tragic that people do not recognize how immoral and corrupt that horrible man is.

I have read his book and wrote a better one--having a bunch of money saved and enough to pay off all your debts is FINANCIAL SECURITY. You should watch my whole video on this as suggested. A financial plan works only if someone gets their spending under control or makes more money. That doesn't make his plan better-it actually makes it worse because he is giving people bad financial advice and not explaining how money works. One is empowered when they understand finance. His hardcore rules do not help people learn.

Here is the full video if you're interested: th-cam.com/video/gJJMv8TUfc4/w-d-xo.html

Eggzactly

Thanks much. I hope to see you back again!

@@Mrgonzo1 EXACTLY! That's the smart plan.

Yes, paying off your mortgage isn't bad. When we have the value of our debt in savings, we are no longer in debt, and the point is it is faster to save it with the interest rate difference. However you choice, being financially responsible is the way to go.

BTW, I love your thought on life insurance too. Very important and is in my coming book. If you have the money saved, you can self-insure, too. <3 I love chatting with fiscally responsible people. I hope to see you back again. Enjoy your retirement! <3

Thanks for sharing, but if you are in your 50s, that was a very different time for intererst rates and that's when Dave Ramsey's now very outdated book was written. If it is a choice for young people today to pay off a 2% mortgage or save, they should save FIRST.

@@Fearless_Finances Dave ramsey's book has always started out by saving that first $1K. Then as you increase the baby step, you are doing a simultaneous thing by NOT only paying down debt but putting savings to grow that emergency fund to $6K. Then by having paid off credit cards, push the emergency fund to cover a year's expenses. Pay off cars and student loans, etc. Then snowball everything into your house while still putting a fund into savings. By that time, you should have had around $25K or enough to put into a nice fund that GROWS called Investing. I did drips cause they pay regardless of it going up and down. So yea, I may not go blow by blow with what I am TOLD to do, its only a guideline to follow. Right now, I believe I am still on babystep #5. But I am doing all this simultaneously. My income is split to paying off a roof, keeping utilities and necessities in check while snowballing both roof and mortgage and still having money put aside in that "emergency fund". When I am done, I will have my own 401K, Roth IRA, Savings and emergency fund (never know if I need to replace my car or other things like pipes) and still manage my home. That is what I am doing and teaching my kids to do. Its how to handle being rich while saving money and making good decisions of being rich and knowing how to made money work for me not the reverse.

@@deborahelliott8460 Having $1,000 in savings as I begin to pay off all my other debts is VERY RISKY. What is $1,000 gonna buy someone today? When we have money saved, we have power, we have control. I think you should watch this whole video: th-cam.com/video/gJJMv8TUfc4/w-d-xo.html

Who is Lori? Please prove your point--millionaires don't have debt and it's better to pay cash--prove it or remove it. That's the rule around here.

That is patently incorrect. The richest people actually have mountains of debt - usually to finance businesses. They use other people's money to make themselves rich. Obviously, that isn't doable for the average person. Dave makes the claim that millionaires don't have debt, but he is lying - and he knows it.

@rolandhansen812 Thank you. I've even tried to research how much debt Dave Ramsey has--he certainly didn't use his cash to finance his business enterprise. That would be stupid when the market can give you 15% or more.

@@Fearless_Finances It is possible Dave Ramsey doesn't have any debt. It's hard to determine with privately held companies as they don't need to report it. But two very famous examples - Donald Trump has $2 billion in debt. Elon Musk borrowed $13 billion to buy twitter. I'm sure it would be easy to find out how much his various other companies have in debts. You can google any well known wealthy people and see how much they had to borrow to start or maintain their companies. I have worked for a few millionaires during my career as an accountant and yes, ALL their companies had debts. You don't think they want to risk their own money.

Wall2000x, my current net worth is a little over $3M. I took as long as possible to pay off my mortgage and invested all my extra money in Index funds. This was purposeful to maximize my investments. I'm now (by choice) working part time and plan to retire next year at 57.

I also disagree with waiting to invest until all your debts are paid off. The sooner you start investing, the sooner you will make that million dollars.

Yes, both excellent points that Dave Ramsey doesn't discuss.

Agree you can’t pass up the match it’s free money. Give up something else.

@@johnswanson8823 Completely agree--we even have another video with four other ways to get FREE MONEY - th-cam.com/video/xsP7h6LlCnE/w-d-xo.html

Glad it was helpful!

So smart! Always great to find like-minded people.

I love a free thinker! Good for you.