I thought It was a bigger step for Dave to collaborate with a financially savy dude that succeeded doing things differently. Dave has been stuck in his ways for way to longggg
@@GrahamStephan you should’ve asked him the hard questions. Like how he tells people to move out their parents houses and calls them leeches and than his kids keep suckling on his teets for his scam of a company. What an idiot bought commercial office space when everyone is going remote no wonder he cries about people working remote. He’s an absolute fraud, he made his money off his scam classes not business.
@@LanaUSA212 it starts with no debt and a little bit of cash. Live on less than you make, so your money will grow. When you invest consistently, it might turn into a pile. Don't follow hypes and keep the course.
My father is a CPA and always recommends the exact plan Dave Ramsey did of buying the real estate personally then lease it to your business. You are your best tenant.
Also, you eliminate the ''tenant'' issue... The one thing you need to make sure in this scenario = Make Money ! (which is a prerequisite of a business, so it's win-win, when you do make it). I wonder how the pandemic work from home culture has impacted him but from the pictures.. he seems to have prepared for it by being in the ''middle of a field'' so you have community and likely the only employer around, and your business being your tenant you still get the tax-efficiency
@@vonb2792 He doesn't work from home. People who want(ed) to work from home were 'asked to find a new job where they could work from home'. Dave believes in the synergy and productivity that happens from workers at the office from 9-5. His parking lot is empty at 6PM, because he wants his workers to have family time when they are home.
I'll always be thankful to Dave for inspiring me to work my butt off through college to graduate without debt. Starting out after college without loans is something I'll always be thankful for, and I wouldn't have even thought it was an option if it weren't for Dave. If you're financially savvy, certain debts can be used as a really powerful tool. But the vast majority of us aren't, and so Dave's principles of getting rid of debt are something most people would really benefit from.
Glad that proved to be a good plan for you, though it may vary for different programs. I know for myself that if I had diverted time in college to working jobs just so I could graduate without debt, it would've really negatively impacted my productivity and I wouldn't have gotten the job I got right after college. For some, time in college is too precious to give to other things, and it's kind of hard for most people to get decent-paying jobs without finishing their degree.
Yep, debt can be a powerful tool to build assets but the vast majority of people are just clueless when it comes to money management so it's a bad idea.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2025?
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
“Rebecca Nassar Dunne” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Like others have mentioned, this definitely feels like a huge milestone and I'm so happy that you've gotten to this level. To have worked to a point you got Dave Ramsey's respect in this way, to interview with you is such an accomplishment! Congratulations! Also..... It feels like this interview went much longer than the ~15mins here in this video, LoL. Lot of content that had to be clipped in order to make this flow the way it did. Personally, I'm kinda curious what the potential "full version" may have looked like. Nice job, Graham!
It's nice that Ramsey is honest about his mistakes and failures. He's right that the key to success is not avoiding any failures, it's not letting those failures discourage you from trying again. He was smart to snatch up real estate during the Great Recession. I remember that time period, when foreclosed houses in Las Vegas and Phoenix were selling for $50,000 US Dollars. Now, those same houses are worth 10 times that.
Success is a lot easier when you don't have epic failures. Dave could've been wiped out if he didn't catch a lucky break. I know many folks that pile everything into a business and fail, that was their only shot
Graham, this interview was amazing! I’ve watched and listened to a lot of Dave Ramsey content, but have never heard him in an interview quite like this, answering theses kinds of questions before. Keep up the good work!
Dave Ramsey was the first financial teacher i started listening to, came across his radio segment. he inspired me to learn more and start being more disciplined with my finances. cool to see you interview him
Was never a big Dave Ramsey fan, I often thought of him as the Judge Judy of finance. This interview definitely has me looking more positivitly at him.
I meet Dave. I don't agree with everything but he's helped a lot of folks. Some feel his plan is to restrictive and that's cool. But if what you've been doing isn't working--it's worth considering. Thanks Graham!
I have to agree with this on so many levels. I see so many people who need him, but I don't agree with most of his reasoning, that doesn't mean it can't work for some people. I find it interesting that when he started he had almost the exact opposite view of debt. For those still reading, debt... just like a gun is a tool you use to get ahead. Can it be dangerous... sure but you have to know how to use it if you don't have the money he does.
@@simoncameron4355 This is very, very true. People also don't always like the delivery of his messaging on some topics, but placing that all aside, his slow and steady approach to finance is better than the paths a large number of people are currently on. I've seen people I know criticize Dave on one-hand while failing to contribute to retirement, buying new cars at high interest rates they could have avoided by saving some cash, financing household items like couches, beds, etc. while claiming "We couldn't have done it any other way..." In my opinion, if more people *actually* lived off the guidelines Dave provided, it would result in net positives for society (less predatory lending situations, more margin for people to give to those around them, etc.). For better or worse, Dave has a pretty iconic radio personality and even if you do not agree with his advice, his show is very entertaining from a radio perspective.
Beans and rice is intense, but potatoes, carrots, raw chicken, pork, eggs, and milk is all affordable. I think a lot of people burn their money not cooking their own food, what I just listed could feed a family for a week for 30 bucks
His advice isn't the best way to grow your many but it is really good for people getting out of debt and staying out of debt which is much better than a lot of people.
I’m so happy my hubby is finally watching your work! Not only are you a good sensible person to learn about finances and business, you have this ability of sharing it from angles I never would’ve imagined, showcasing things and people we really need to meet. Thank you 🙏🏼 Graham!
My wife and I owe Dave Ramsey our current and future financial situation. The best part is I got to thank him in person at his headquarters (it’s a sweet building!). I’ve always loved giving but Dave taught me to prepare so I’m able to give.
Man you got Dave Ramsey on here. I'm very proud of you man! Watching you this far in your journey is very inspiring! I learn alot from you! Keep going and don't give up!
Well, he's selling those courses and books and programs about being debt free so that's why he's got the money to pay cash plus he bought then ages ago and now it goes up in value. Billionaire could pay cash too but they want something to write off so they can save more on tax, believe it or not Dave pay more taxes than a billionaire so at the end of the day the billionaire will always keep more money.
Wow!! Great video!!! Dave Ramsey is the goat 🐐 !!! I never seen Dave so relaxed and humble in this interview. He seems to have a lot of respect for you Graham. Keep up the amazing work and thank you for all you do as well.
His situation of "losing everything" was much different than today -- his loans were callable. That being said -- I get why he for the most part just never makes exceptions in his advice on air.
It's really nice to see an interview with Dave Ramsey. The public never sees him just have a "real, sit down" conversation with someone because the public is just exposed to him from his call in talk show. This was good to watch. The whole vibe felt positive & intelligent. Love that!
Dave Ramsey changed our family's life for the never go back to the way I used to live. I appreciate everything that they god bless dave ramsey and his family Because he has blessed mine
It was lovely seeing another side of Dave Ramsey. I have so much respect and adoration for him. And it’s really interesting having Graham and Dave together. Excellent interview!
This was a great interview to watch. Dave and the Ramsey personalities have helped so many people. Another person may have committed suicide if he woke up in Dave's shoes thirty years ago. Dave's perseverance, God's protection , and a good wife has gotten him to this successful level. May God continue to bless the Ramsey success.
@@jeradkiester698 Some people are obsessed with how wrong he's been. Is this a mechanism to ignore how right he's also been? Like Dave is a human just like us. We all get things wrong and then get things right.
@@VGFightSchool he adamantly spews personal beliefs as fact, and rarely admits being wrong. He told business owners for months PPP loans were just a loan that would need to be paid back in full. He's completely out of touch on what used cars cost in 2022, housing costs, never addresses tax liability when calculating getting out of debt ("you make 200k a yr, you should be able to pay back 200k in 12 months!"
I feel for you. Newbies must realize that the market is a zero sum game, comes with lots of risks and you could potentially lose all. Secondly, what works for A must not necessarily work for B and you shouldn't be a bandwagon investor. Always make more thorough inquiries before putting your money somewhere or better still, get the services of a pro (that way, you give little room for error and get tailored investments). Made my first million earlier this year this way after a lot of trial and errors. Good luck!
@@marlenaaj Very sound and pragmatic. I have been into this for long and though I won't say I have lost a fortune, I have squandered quite a lot. If it's not a problem, do you mind recommending the pro. you worked with? I could definitely use the help of one right now... I look forward to your reply...
@@thesportsguruu Funny enough, I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding. I don't know if I am permitted to go into details here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@marlenaaj wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
Graham, you've been talking about doing a collaboration with Dave for awhile and how he inspired you a great deal in your early days. I enjoy watching different perspectives and content from each of you and I'm glad you got the opportunity to shoot collaborate together.
Amazing collaboration video. I’m a struggling entrepreneur and when I hear that 90% of his ideas suck that gives me a lot of encouragement to keep on moving forward. Thanks for this video and thanks for interviewing him. Enjoy watching both of you and I rarely comment.
I had no clue he is almost a billionaire with a B. Mind blown 😳 Way to go Dave! He has a great sense of humor. He's helped so many people. We live in a culture programmed to keep people in debt. Long live Dave Ramsey. Thanks for this video graham
$700m in Real Estate and a $300m/annual financial help company…with other assets and investments he may very well already have exceeding the $1bn mark with his overall net worth.
Dave always gave me the persona of being very arrogant and stuck in his ways. Your latest content on him really shows how humble, positive and supportive he is. Certainly changed my opinion of him.
Yes, exactly. He teaches people to spend wisely because they can't afford to spend more than they make, but he also teaches that if you can pay cash for it and have enough left over to be financially secure, you can purchase it. He lives like that because he can, not because he's a hypocrite.
i became a fan of Dave Ramsey after this video which shed a new light on his personality I have never knew or seen before. great inspiring informative video! I got alot out of the part where he talked bout living your lifestyle depending on your income level based on ratios. that really stuck with me and now i am motivated to start my own business become an entrepreneur in order to increase my ratio for an upgraded lifestyle i want to live in.
Such a great interview. This caught my attention due to it just being slightly different content than I have usually seen and I really liked it! Felt like I gleaned a lot of amazing information from this. You interviewed him really well and asked some awesome questions and he gave some really insightful answers. Keep up the great work!
Thanks Stephan. Glad you got to sit and talk with Dave. Man he is a really humble and smart guy. I like both of your styles of getting wealthy. Y’all rock!!
Very informative interview Graham! Dave is a down to Earth person. The knowledge that he has is outstanding. I listen to Dave on the radio on my daily commute. I hope everyone was taking notes from this video!🙃
What happened to other people in 2008 is not Dave’s problem. Dave can’t worry about everyone in this planet. If you want to be successful, you need to look after yourself first. Do whatever it takes. Throwing shades at Dave for buying into the amazing opportunity in 2008 just make you look bad. You are probably a broke person who can’t see others succeed or capitalize on the opportunities.
As a millwork installer, the LED strip lighting in the paneling not lining up is driving me crazy. That much money in the building that room should be perfect
I love the Dave Ramsey collaboration series you guys have been working on, and it seems like you guys have immense respect for one another, despite your differing viewpoints on debt. I would love to see you two sit down and have a long and respectful discussion/debate on credit cards and debt. Dave did a wonderful job during the podcast explaining why he doesn’t do debt, even if it has the potential to build wealth faster, but you never really got a chance to explain your perspective to him. I think it would be wonderful to listen to you two go back and forth offering different points and counterpoints.
Seeing you with Dave, and the smile you can’t stop having during the whole video really tells us how excited and joyful you were and still are. Congratulations on your achievements so far, and hopefully you figure out your next step towards billionaire. =)
Amazing collaboration video. I’m a struggling entrepreneur and when I hear that 90% of his ideas suck that gives me a lot of encouragement to keep on moving forward.
It's easy to be an investor during the good times.It's hard to be an investor during the hard times. If you want to be a successful investor, YOU MUST be able to master your emotions and continue to invest in both types of markets. Especially when assets are on sale.
The stock market behaves the way it does, because there will always be people who: - sell at highs bringing it down - panic sell due to it dropping, bringing it lower - buy at the lows, bringing it back up - buy back in while it's rising.
For you to succeed in the market a proper strategy is required and you need to always monitor the lines, great investors/traders do not panic on the dips because that's when they make their profits.
Investing with a professional is a great way to build a well-structured investment portfolio. That's why I've been working with "Cintra V. Bedassie" on my portfolio. Since most traders tend to go into the market and get out at a quick 10% to 20% profit, I've learned to be patient with the market. However, because it trades at a P/E ratio of 40-50, they miss out on enormous returns.>
@@amireallythatgrumpy6508 It's not stupid. It's risky. It's worth seeing aside some money for higher risk investments, but it's stupid to put everything into it
Graham Stephan, you've inspired me to make my own videos focused around helping people invest and learning about the economy and market from influential leaders!
Graham: I have to say it was an absolute pleasure to see you working together with Dave- What an accomplishment!! I have watched Dave on youtube for a couple years now. As a 35 year old self made multi-millionaire myself, you should be so proud of the direction you have taken yourself and, if you’re anything like me, that sense of accomplishment should be almost euphoric. Don’t forget to stop and smell the roses, the journey is far more important than the finish line. Well done, well deserved, and please go have a beer for me and I look forward to watching more of your personal growth! Spencer
The amount of wisdom Dave has is pretty insane. Love him or hate him, you have to respect him. This collaboration between y'all has been so awesome to see. Love this content Graham!
I talked to Dave on his radio show in 1993 in Nashville. I’m certain he doesn’t remember me but I asked for his advice on what to do with $5K I wanted to grow. For weeks a buddy of mine that was working in/on one of Dave’s early workshops kept trying to get me to go meet him to learn more. I was working for American Eagle Airlines, going to college full time, loading trucks at night for Burlington Air Express and serving in the Tennessee Army National Guard. I never made the time to go meet him. I always wonder what could have become of that meeting. Things turned out ok for me but still…
This is a collab I was waiting for. Thanks Graham. I think Dave Ramsay is a great educator for those swimming in debt and trying to escape. Baby steps!
I opened a very small successful business and the biggest enlightenment was: Everybody from the government to your suppliers to your partners wants to reach further into your pocket and take some more of your money. The more you make the more they want, and the more people who want your money come out of the woodwork. That's a universal experience!!!
I would love you to interview Warren Buffett if he is interested in meeting with you. This was very interesting perspective from Dave. I was glad he was willing to share this with you and you shared it with us.
Most people want their plant to grow but no one focuses on their roots. With Dave opening their eyes and growing their roots the plants wont only grow but be taller than ever needed. What you plant is what you sow. I love Dave Ramsey and all help he has provided us with, thank you 🙏
I love this video. I started watching you Graham because you reminded me of Dave with a different type of content. That fact that I got to watch you sit and visit with him was such an awesome video!
You collaborating him feels like an accomplishment and milestone for everyone that watches you! Congrats!
100%!!
I thought It was a bigger step for Dave to collaborate with a financially savy dude that succeeded doing things differently. Dave has been stuck in his ways for way to longggg
Yes!!!!
@@GrahamStephan 1000%
@@GrahamStephan you should’ve asked him the hard questions. Like how he tells people to move out their parents houses and calls them leeches and than his kids keep suckling on his teets for his scam of a company. What an idiot bought commercial office space when everyone is going remote no wonder he cries about people working remote. He’s an absolute fraud, he made his money off his scam classes not business.
“No debt and a pile of cash is a real peaceful way to live life”. Dave Ramsey 2022
Sound easier than done
@@LanaUSA212 it starts with no debt and a little bit of cash. Live on less than you make, so your money will grow. When you invest consistently, it might turn into a pile. Don't follow hypes and keep the course.
He is right. I am headed towards zero debt soon and lots of cash and i have financial peace. No more money anxiety.
@@LanaUSA212 never said huge pile of cash
Oh yeah, sitting on a pile of cash when the United States implodes into hyperinflation. Very smart.
My father is a CPA and always recommends the exact plan Dave Ramsey did of buying the real estate personally then lease it to your business. You are your best tenant.
Also, you eliminate the ''tenant'' issue... The one thing you need to make sure in this scenario = Make Money ! (which is a prerequisite of a business, so it's win-win, when you do make it). I wonder how the pandemic work from home culture has impacted him but from the pictures.. he seems to have prepared for it by being in the ''middle of a field'' so you have community and likely the only employer around, and your business being your tenant you still get the tax-efficiency
@@vonb2792 He doesn't work from home. People who want(ed) to work from home were 'asked to find a new job where they could work from home'. Dave believes in the synergy and productivity that happens from workers at the office from 9-5. His parking lot is empty at 6PM, because he wants his workers to have family time when they are home.
I'll always be thankful to Dave for inspiring me to work my butt off through college to graduate without debt. Starting out after college without loans is something I'll always be thankful for, and I wouldn't have even thought it was an option if it weren't for Dave.
If you're financially savvy, certain debts can be used as a really powerful tool. But the vast majority of us aren't, and so Dave's principles of getting rid of debt are something most people would really benefit from.
Glad that proved to be a good plan for you, though it may vary for different programs. I know for myself that if I had diverted time in college to working jobs just so I could graduate without debt, it would've really negatively impacted my productivity and I wouldn't have gotten the job I got right after college.
For some, time in college is too precious to give to other things, and it's kind of hard for most people to get decent-paying jobs without finishing their degree.
Yep, debt can be a powerful tool to build assets but the vast majority of people are just clueless when it comes to money management so it's a bad idea.
Dave Ramsey gave me the blueprint to financial peace. I learned a lot from you, Graham. I can't thank you both enough.
Great interview! I've been following Dave since 2003 and that was the most personable one-on-one discussion I've ever seen him give.
Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2025?
The current market conditions may provide opportunities to increase revenues swiftly; however, experience is required to carry out such a plan.
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
That does make a lot of sense; you appear to understand the market better than we do. This coach is who?
“Rebecca Nassar Dunne” has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.
Thank you for the recommendation. I'll send her an email and I hope I'm able to connect with her.
Graham has to be one of the most kindest, genuine content creators. Love this collab!
Like others have mentioned, this definitely feels like a huge milestone and I'm so happy that you've gotten to this level. To have worked to a point you got Dave Ramsey's respect in this way, to interview with you is such an accomplishment! Congratulations!
Also..... It feels like this interview went much longer than the ~15mins here in this video, LoL. Lot of content that had to be clipped in order to make this flow the way it did.
Personally, I'm kinda curious what the potential "full version" may have looked like.
Nice job, Graham!
It's recorded in Dave Ramsey's studio and will be or was part of his show. Follow his channel.
It's nice that Ramsey is honest about his mistakes and failures. He's right that the key to success is not avoiding any failures, it's not letting those failures discourage you from trying again. He was smart to snatch up real estate during the Great Recession. I remember that time period, when foreclosed houses in Las Vegas and Phoenix were selling for $50,000 US Dollars. Now, those same houses are worth 10 times that.
Buy when there's blood on the streets.
Pm p
Success is a lot easier when you don't have epic failures. Dave could've been wiped out if he didn't catch a lucky break. I know many folks that pile everything into a business and fail, that was their only shot
@Collen Flarity I'm not in the business of giving out people's addresses on TH-cam. 😂
@Collen Flarity The Rich Dad, Poor Dad guy owns 7,000 properties? That defies belief.
Graham, this interview was amazing! I’ve watched and listened to a lot of Dave Ramsey content, but have never heard him in an interview quite like this, answering theses kinds of questions before. Keep up the good work!
Deeper dive in Dave’s life/finance. Done unlike anyone has. Great Video
Dave Ramsey was the first financial teacher i started listening to, came across his radio segment. he inspired me to learn more and start being more disciplined with my finances. cool to see you interview him
Totally second this. I adapted his principles to get out of debt for good!
Was never a big Dave Ramsey fan, I often thought of him as the Judge Judy of finance. This interview definitely has me looking more positivitly at him.
This is awesome, my fav two financial personalities of all time. Best video on the channel hands down
Glad you enjoyed it!
I followed his principles and am just about debt free. The relief and life improvement is amazing. Watching ramsey has changed my family's life.
I meet Dave. I don't agree with everything but he's helped a lot of folks. Some feel his plan is to restrictive and that's cool. But if what you've been doing isn't working--it's worth considering. Thanks Graham!
I have to agree with this on so many levels. I see so many people who need him, but I don't agree with most of his reasoning, that doesn't mean it can't work for some people. I find it interesting that when he started he had almost the exact opposite view of debt. For those still reading, debt... just like a gun is a tool you use to get ahead. Can it be dangerous... sure but you have to know how to use it if you don't have the money he does.
@@simoncameron4355 This is very, very true. People also don't always like the delivery of his messaging on some topics, but placing that all aside, his slow and steady approach to finance is better than the paths a large number of people are currently on. I've seen people I know criticize Dave on one-hand while failing to contribute to retirement, buying new cars at high interest rates they could have avoided by saving some cash, financing household items like couches, beds, etc. while claiming "We couldn't have done it any other way..." In my opinion, if more people *actually* lived off the guidelines Dave provided, it would result in net positives for society (less predatory lending situations, more margin for people to give to those around them, etc.). For better or worse, Dave has a pretty iconic radio personality and even if you do not agree with his advice, his show is very entertaining from a radio perspective.
Beans and rice is intense, but potatoes, carrots, raw chicken, pork, eggs, and milk is all affordable. I think a lot of people burn their money not cooking their own food, what I just listed could feed a family for a week for 30 bucks
His advice isn't the best way to grow your many but it is really good for people getting out of debt and staying out of debt which is much better than a lot of people.
There is nothing restrictive about NOT BUYING WHAT YOU CANNOT AFFORD!!!
Love Dave Ramsey! Glad you interviewed him!
I’m so happy my hubby is finally watching your work! Not only are you a good sensible person to learn about finances and business, you have this ability of sharing it from angles I never would’ve imagined, showcasing things and people we really need to meet. Thank you 🙏🏼 Graham!
My wife and I owe Dave Ramsey our current and future financial situation. The best part is I got to thank him in person at his headquarters (it’s a sweet building!).
I’ve always loved giving but Dave taught me to prepare so I’m able to give.
Man you got Dave Ramsey on here. I'm very proud of you man! Watching you this far in your journey is very inspiring! I learn alot from you! Keep going and don't give up!
honestly he's way more impressive to build an $700m net worth without debt than anyone that a billionaire that has debt
He was fortunate to buy the dip in 2008, otherwise, he wouldn't be worth 700M yet.
@@xianxiong3440 i would say prepared enough
Well, he's selling those courses and books and programs about being debt free so that's why he's got the money to pay cash plus he bought then ages ago and now it goes up in value. Billionaire could pay cash too but they want something to write off so they can save more on tax, believe it or not Dave pay more taxes than a billionaire so at the end of the day the billionaire will always keep more money.
@@xianxiong3440 yeah and so did many people but most people rely on debt to get those real-estate and bank froze loans. so still props to him
@@thesurvivor4028 also he doesnt pay his employees well and is very selfish at all times
Wow!! Great video!!! Dave Ramsey is the goat 🐐 !!! I never seen Dave so relaxed and humble in this interview. He seems to have a lot of respect for you Graham. Keep up the amazing work and thank you for all you do as well.
His situation of "losing everything" was much different than today -- his loans were callable. That being said -- I get why he for the most part just never makes exceptions in his advice on air.
All loans and credit cards are callable. The banks acted on his because of how leveraged he was and how big of pile debt his was.
My two financial mentors in the same video. Keep up the great work!
Thanks, you too!
Yes I was so excited to see this video!
It's really nice to see an interview with Dave Ramsey. The public never sees him just have a "real, sit down" conversation with someone because the public is just exposed to him from his call in talk show. This was good to watch. The whole vibe felt positive & intelligent. Love that!
The percentage formula is a nice idea, and the cash reserves for emergencies.
Behind the scenes! Good personal interview with Dave Ramsey!! BTW, like the Vet!!!
I grew up with my mom listening to Dave in our car rides. It helped me now, mid 20’s, with the right mind set around budgeting and spending
I love that you're actually interviewing him. Awesome.
I love these one-on-one talks way more here on this channel without all the circus and drama on the Iced Coffee Hour.
Dave Ramsey changed our family's life for the never go back to the way I used to live.
I appreciate everything that they god bless dave ramsey and his family Because he has blessed mine
This is the crossover we've all been waiting for! Both of you are truly inspirational to the financial literacy community!
It was lovely seeing another side of Dave Ramsey. I have so much respect and adoration for him. And it’s really interesting having Graham and Dave together. Excellent interview!
This was a great interview to watch. Dave and the Ramsey personalities have helped so many people. Another person may have committed suicide if he woke up in Dave's shoes thirty years ago. Dave's perseverance, God's protection , and a good wife has gotten him to this successful level. May God continue to bless the Ramsey success.
I can totally appreciate that he said he did not see 2008 coming. I needed to hear that Dave, thank you
That was an honest answer when Dave said he could not see 2008 coming. And yet, he was ready with the money he and his wife had saved.
He's been very wrong about quite a bit, from saying PPP loans wouldn't be forgiven, to not seeing the incoming housing crash.
@@jeradkiester698 Some people are obsessed with how wrong he's been. Is this a mechanism to ignore how right he's also been? Like Dave is a human just like us. We all get things wrong and then get things right.
@@VGFightSchool he adamantly spews personal beliefs as fact, and rarely admits being wrong. He told business owners for months PPP loans were just a loan that would need to be paid back in full. He's completely out of touch on what used cars cost in 2022, housing costs, never addresses tax liability when calculating getting out of debt ("you make 200k a yr, you should be able to pay back 200k in 12 months!"
Story of my life but without the happy ending at least for now and of course, a lesser amount. I now have this phobia for investing.
I feel for you. Newbies must realize that the market is a zero sum game, comes with lots of risks and you could potentially lose all. Secondly, what works for A must not necessarily work for B and you shouldn't be a bandwagon investor. Always make more thorough inquiries before putting your money somewhere or better still, get the services of a pro (that way, you give little room for error and get tailored investments). Made my first million earlier this year this way after a lot of trial and errors. Good luck!
lmao. you still need to get pass the phobia. things are getting tougher
@@marlenaaj Very sound and pragmatic. I have been into this for long and though I won't say I have lost a fortune, I have squandered quite a lot. If it's not a problem, do you mind recommending the pro. you worked with? I could definitely use the help of one right now... I look forward to your reply...
@@thesportsguruu Funny enough, I can honestly relate. It's not as easy as it may sound and requires some sacrifices but it is definitely rewarding. I don't know if I am permitted to go into details here, but her name is "Leah Marie Sandock". Was in the news a lot in 2018. You may look her up for more.
@@marlenaaj wow I know this little lady. Once attended a fundraiser she was also in attendance in Vancouver,, Great speaker with a funny accent,, She's American though, I doubt she works with foreigners,,,
Really interested in this style of video graham! Liked button smashed👍
thanks!
Graham, you've been talking about doing a collaboration with Dave for awhile and how he inspired you a great deal in your early days. I enjoy watching different perspectives and content from each of you and I'm glad you got the opportunity to shoot collaborate together.
I’m so happy seeing you both sitting at the same table. I’ve always wanted to see the collaboration. 🎉Congratulations 🍾
Dave helped me get out of 70k worth of debt. This was a good change of pace from the material I usually see him! Thanks Graham!
persevering through an amazing amount of pain!
This was great! Also loved you getting Dave to tell us to smash the like button 😂😂😂
U can tell graham made him feel real comfortable, podcast had a good vibe to it. Keep em comin Graham
Amazing collaboration video. I’m a struggling entrepreneur and when I hear that 90% of his ideas suck that gives me a lot of encouragement to keep on moving forward. Thanks for this video and thanks for interviewing him. Enjoy watching both of you and I rarely comment.
Excellent collaboration! Thank you!
I had no clue he is almost a billionaire with a B. Mind blown 😳
Way to go Dave! He has a great sense of humor. He's helped so many people. We live in a culture programmed to keep people in debt. Long live Dave Ramsey. Thanks for this video graham
$700m in Real Estate and a $300m/annual financial help company…with other assets and investments he may very well already have exceeding the $1bn mark with his overall net worth.
As if it matters. After you get your first million it's all irrelevant day to day after that.
@@firefly9838 you can give more to impact others
Graham this was one of your best. Terrific interview between the two of you.
Dave always gave me the persona of being very arrogant and stuck in his ways.
Your latest content on him really shows how humble, positive and supportive he is. Certainly changed my opinion of him.
His main issue is telling people to pay off their mortgage early and invest in mutual funds.
@@silverecho1201 to be fair, paying off your mortgage does decrease your risk exposure.
Unsure what the positive of mutual funds is to be honest.
"Sticking" with what works in not "stuck". It is a focused decision made based on a desired outcome.
That was a really good collab. Worked well for both of you and for us.
My highschool had an economics class that used Dave as a source a lot. Watched a bunch of his videos.
He said “I’m the spender” but man oh man had he earned it.
Agreed!
Yes, exactly. He teaches people to spend wisely because they can't afford to spend more than they make, but he also teaches that if you can pay cash for it and have enough left over to be financially secure, you can purchase it. He lives like that because he can, not because he's a hypocrite.
i became a fan of Dave Ramsey after this video which shed a new light on his personality I have never knew or seen before. great inspiring informative video!
I got alot out of the part where he talked bout living your lifestyle depending on your income level based on ratios. that really stuck with me and now i am motivated to start my own business become an entrepreneur in order to increase my ratio for an upgraded lifestyle i want to live in.
Been watching your vids for years. Really happy for you collabing with Dave Ramsey. Congrats!
Such a great interview. This caught my attention due to it just being slightly different content than I have usually seen and I really liked it! Felt like I gleaned a lot of amazing information from this. You interviewed him really well and asked some awesome questions and he gave some really insightful answers.
Keep up the great work!
Amazing collab!
Very respectable of you to fly to TN on his turf to make sure this interview could happen. Well done!
Thanks Stephan. Glad you got to sit and talk with Dave. Man he is a really humble and smart guy. I like both of your styles of getting wealthy. Y’all rock!!
Graham these videos with Dave are phenomenal! He is the first person I watched to get into personal finance. You should do Robert Kiyosaki next!
Ah thanks!! That would be awesome
Kiyosaki is a snake oil salesman…loved Rich Dad, Poor Dad and everything else is terrible
@@thehonesttruth8808 but is he? What is he selling? Book?
@@BlakeAlexander12 himself
By far the best video you’ve ever made! Even compared to the $78 Tesla video.
Very informative interview Graham! Dave is a down to Earth person. The knowledge that he has is outstanding. I listen to Dave on the radio on my daily commute. I hope everyone was taking notes from this video!🙃
We are blessed with another one!! Graham we are so proud to watch this!
2008 was the worst recession of our time.
Dave Ramsey : “This is so fun I get a deal and punch the banks in the face.”
@@JRM---516 it happens a lot. Just have your cash cannon ready for when it does
@@JRM---516 He lost his butt earlier, so he was in a good cash position when this happened.
What happened to other people in 2008 is not Dave’s problem. Dave can’t worry about everyone in this planet. If you want to be successful, you need to look after yourself first. Do whatever it takes.
Throwing shades at Dave for buying into the amazing opportunity in 2008 just make you look bad. You are probably a broke person who can’t see others succeed or capitalize on the opportunities.
@@JonathanIvy221 agreed.
@@JonathanIvy221 I'm far from broke -- did well in equities. Just not a fan of Ramsey. Different strokes!
As a millwork installer, the LED strip lighting in the paneling not lining up is driving me crazy. That much money in the building that room should be perfect
The more i look at it the grain direction of the returns of the panneling doesn't match. Like whyy seriously
You’re the man Graham❤️
thanks!
Really enjoyed this conversation with Dave Ramsey. Thanks.
I love the Dave Ramsey collaboration series you guys have been working on, and it seems like you guys have immense respect for one another, despite your differing viewpoints on debt. I would love to see you two sit down and have a long and respectful discussion/debate on credit cards and debt. Dave did a wonderful job during the podcast explaining why he doesn’t do debt, even if it has the potential to build wealth faster, but you never really got a chance to explain your perspective to him. I think it would be wonderful to listen to you two go back and forth offering different points and counterpoints.
GREAT QUESTIONS!! PLEASE DO ANOTHER INTERVIEW W/ DAVE!!
I feel like your whole channel has been building to this moment. Awesome collaboration!
Graham you are a great interviewer . I think that is a great gift for you to continue.
Seeing you with Dave, and the smile you can’t stop having during the whole video really tells us how excited and joyful you were and still are. Congratulations on your achievements so far, and hopefully you figure out your next step towards billionaire. =)
I’m loving the Dave Ramsey content, It’s good to know you are a fan of him!
I can see the title now, "I paid off $4,000,000 in debt because Dave told me too." Loved all your interviews with DR. More collabs please😃
Nah Graham has more financial sense than to throw money away at low interest debt.
This is the collaboration that we need.
Old money meeting new money with intellectual discussion instead of "who's the actual idiot"
Amazing collaboration video. I’m a struggling entrepreneur and when I hear that 90% of his ideas suck that gives me a lot of encouragement to keep on moving forward.
It's easy to be an investor during the good times.It's hard to be an investor during the hard times. If you want to be a successful investor, YOU MUST be able to master your emotions and continue to invest in both types of markets. Especially when assets are on sale.
The stock market behaves the way it does, because there will always be people who: - sell at highs bringing it down - panic sell due to it dropping, bringing it lower - buy at the lows, bringing it back up - buy back in while it's rising.
For you to succeed in the market a proper strategy is required and you need to always monitor the lines, great investors/traders do not panic on the dips because that's when they make their profits.
Investing with a professional is a great way to build a well-structured investment portfolio. That's why I've been working with "Cintra V. Bedassie" on my portfolio. Since most traders tend to go into the market and get out at a quick 10% to 20% profit, I've learned to be patient with the market. However, because it trades at a P/E ratio of 40-50, they miss out on enormous returns.>
@@bonifaciomazzanti1251, I will be checking this out, thanks a bunch for sharing.
I have been waiting on this forever!!
Always watch, never comment, but you had me at Dave Ramsey! Thanks for sharing this great video.
I appreciate that!
Ramsey is the get-out-of-debt goat. Not so much the building wealth or taking high risk investments.
Taking high-risk investments is inherently stupid.
@@amireallythatgrumpy6508 It's not stupid. It's risky. It's worth seeing aside some money for higher risk investments, but it's stupid to put everything into it
@@benschnose400 It's not worth it at all.
I didn't know that Dave Ramsey was this rich.
According to Dave Ramsey he’s that rich. Others estimate him about $200m
Thanks for this! Dave Ramsey interviews are always a treat.
Amazing interview!
I think the very first video I saw of yours was about Dave Ramsey - incredible that you were able to do a collab with him all these years later.
Graham Stephan, you've inspired me to make my own videos focused around helping people invest and learning about the economy and market from influential leaders!
Fun, thanks for doing the interview!
Graham:
I have to say it was an absolute pleasure to see you working together with Dave- What an accomplishment!! I have watched Dave on youtube for a couple years now.
As a 35 year old self made multi-millionaire myself, you should be so proud of the direction you have taken yourself and, if you’re anything like me, that sense of accomplishment should be almost euphoric. Don’t forget to stop and smell the roses, the journey is far more important than the finish line. Well done, well deserved, and please go have a beer for me and I look forward to watching more of your personal growth!
Spencer
The amount of wisdom Dave has is pretty insane. Love him or hate him, you have to respect him. This collaboration between y'all has been so awesome to see. Love this content Graham!
I talked to Dave on his radio show in 1993 in Nashville. I’m certain he doesn’t remember me but I asked for his advice on what to do with $5K I wanted to grow. For weeks a buddy of mine that was working in/on one of Dave’s early workshops kept trying to get me to go meet him to learn more. I was working for American Eagle Airlines, going to college full time, loading trucks at night for Burlington Air Express and serving in the Tennessee Army National Guard. I never made the time to go meet him. I always wonder what could have become of that meeting. Things turned out ok for me but still…
loved this, super refreshing to hear dave speak to you
This is a collab I was waiting for. Thanks Graham. I think Dave Ramsay is a great educator for those swimming in debt and trying to escape. Baby steps!
This was a great interview. Fantastic video!
"expect the climb to be hard but expect it to be worth it" -Dave Ramsey 13:14
I opened a very small successful business and the biggest enlightenment was: Everybody from the government to your suppliers to your partners wants to reach further into your pocket and take some more of your money. The more you make the more they want, and the more people who want your money come out of the woodwork. That's a universal experience!!!
I would love you to interview Warren Buffett if he is interested in meeting with you. This was very interesting perspective from Dave. I was glad he was willing to share this with you and you shared it with us.
"The gleaming mount of success turns out to be a big pile of garbage and you're standing on it instead of under it."
That was a great quote.
I enjoy seeing you & Ramsey collaborating! You’re both uber successful by adhering to the same disciplines. Kudos to you Graham!🌟
Most people want their plant to grow but no one focuses on their roots. With Dave opening their eyes and growing their roots the plants wont only grow but be taller than ever needed. What you plant is what you sow.
I love Dave Ramsey and all help he has provided us with, thank you 🙏
I love this Collab hopefully you guys can do this again this amazing !!
I love this video. I started watching you Graham because you reminded me of Dave with a different type of content. That fact that I got to watch you sit and visit with him was such an awesome video!
Hey Graham, I hit the "Super Like" button and now I can't stop yelling at people to sell their car!
Two of my favorites people sit together to talk! Love this ❤️❤️❤️