It's only weeks since I found Dave Ramsey in TH-cam ..I have been hanging around with him in youtube most of my free time...I'm a single mom and it's a blessing to find this guy...I'll be debt free in 6 months or sooner except mortgage..Thank you Dave for your very inspiring financial principles...
Almost everyone in my environment tells me to go into debt to buy a car. Many people in my environment actually have car debt. I'm the one without a car because I want to save for a good one and first get a "Dave car" to get to my work place. I am the opposite of the people around me - I read at least two books per month (non fiction), I don't have overdraft, I don't own a credit card and I have a budget. I even budget my Starbucks Visits! I put 20€ per month on my Starbucks Card and only buy coffee with this card. If there's no money left on the card, I don't get coffee there. It's just a special treat or me since I don't go out for drinks or go on vacation.
Dave is Dead on, you are who you hang with ! The people you hang around with, you will act like them , dress like them, think like them, listen to the same kind of music like them or this "if you want to soar like an eagle, don't hang with the turkeys"
This is true. But if you can't afford to hang out with rich people in the first place, then you're a bit stuck. I started life with a group of wealthy friends with rich parents. I got into a very good school on no fees, so I was surrounded by people like that all day. But I could never afford to go to the same places, as my parents don't believe in sharing money. They all had driving lessons paid for at the same time, had help with university, etc, so they didn't need to work as many hours (if any). So eventually we stopped hanging out as they got tired of me working so much and always being too broke/tired. I've never managed to catch up, so now I don't really hang out with anyone as I still work long hours and don't have much money, but I'm not interested in most of the hobbies/activities that the poorer people I know have (TV, fastfood, celebrities, going out drinking, casinos, etc). It's a catch 22 for a lot of people.
What happens when the successful people around me don't want me to hang out with them because I'm not successful? What irony. They'll only hang out with successful people because that's the advice.
I like how the people I don't like.. Don't hang around with me.... Always talking about gossip, and negativity.. Small minds.. I like how which people hangout with each other, and so I know right away.. If I should limit my information with that person.
This is a really great video! I would, however, be careful in making blanket statements like this in finance terms. Many (not all) financially successful people are terribly greedy humans. All these people can ever think about is gaining more and more and more and building for themselves a kingdom right here on earth. I am not talking about people who like to pretend to be rich via debt, but actual rich people who have no debt and millions of dollars in assets. Culturally in America, these two things can blend together unfortunately. I would say, in terms of personal finance that just because someone has “made it” (no debt, retirement, financial freedom) doesn’t mean that their character is upright or that their intentions are good. You can die a millionaire, hated and alone if your heart isn’t in the right place.
I would not call "(not all) financially unsuccessful people" terribly greedy. It's more that they can be misguided and have a victim syndrome. Blaming the rich for your problems in America when you can be rich if you really want to is not a solution. I take issue when the term "successful" is thrown around like it is only in reference to material possession and net worth. It is possible to be "successful" and not be rich.
I've noticed most truly wealthy people view it like a game where £ or $ is their XP. They don't neccessarily need any more money to buy stuff after a certain level, but having more XP than their friends means they are beating them in the game.
What's wrong with me? I do close to twice as good (at least financially) as best of my close friends. Weird... I choose my books through what people recommend on the internet. I listen to you, Dave, too. Should i consider you as one of my closest friends? The equation would make sense then.
1 Corinthians 15:32-34 [32] What do I gain if, humanly speaking, I fought with beasts at Ephesus? If the dead are not raised, “Let us eat and drink, for tomorrow we die.” [33] Do not be deceived: “Bad company ruins good morals.” [34] Wake up from your drunken stupor, as is right, and do not go on sinning. For some have no knowledge of God. I say this to your shame. (ESV)
So glad this norm doesn't apply to me, my friends don't read and I read at least one book each month, now about money I feel like I need a new job and new friends if that's going to help 😂😂😂
Technology sounds exciting and even mysterious to witness a self-driving vehicle minus the driver. A Self-driving car appears to be scary. If I am able to get in before the crowd, my chances of retirement would be phenomenal and a Self-driving achievement for retirement.
Hang around with Successful People: I wonder what the dirt poor people thought back in 18th century before French revolution. "Oh yeah I have to hang out with Aristrocrates, maybe when I will become one!" Don't think too much has changed since then.
I heard this maxim around 2005. It's still relevant then. My friends are alright, but I'm the one with the machete fighting the jungle at times. :) El Dorado here I come!
Boundaries is good. I'd give that book to everyone I know and force them to read it if I could. Just common sense but so many issues become clearer to see and try to fix after reading it.
TrainingComplete Overload i enjoyed it. Rachel followes her dad, DR's teaching and each chapter she gives little stores and has humor in it. You can see her honesty and she is much like that on her youtube channel and in person! I went to the even they had and she signed my book :) definitely recommend. The Boundaries book i gave it 30pages and i didn't like it
A good friend/mentor of mine always told me: "If you hang out with 9 broke people, you'll be the 10th."
Kicked all my friends out of my life and went from a $30,000 job that I hated to a $105,000 job that I love. This stuff works, people.
The problem is finding "good" friends. So rare nowadays...
Connor Finerty it's only rare because you're making it rare.
Yeah, It is.
@@mikenelson8377 You must be the fake friend
Do not be misled : "Bad company corrupts good character" 1 Corinthians 15:33
Can I hang out with you Dave? Lol
It's only weeks since I found Dave Ramsey in TH-cam ..I have been hanging around with him in youtube most of my free time...I'm a single mom and it's a blessing to find this guy...I'll be debt free in 6 months or sooner except mortgage..Thank you Dave for your very inspiring financial principles...
Absolutely agree! You get ideas from the people around you. I prefer the good ideas over the bad.
Now I know why my friends stopped hanging out with me.
The company we keep.
This. I need to put in more effort into creating relationships with others who share similar values and mindset. Mental note :)
Almost everyone in my environment tells me to go into debt to buy a car. Many people in my environment actually have car debt. I'm the one without a car because I want to save for a good one and first get a "Dave car" to get to my work place.
I am the opposite of the people around me - I read at least two books per month (non fiction), I don't have overdraft, I don't own a credit card and I have a budget. I even budget my Starbucks Visits! I put 20€ per month on my Starbucks Card and only buy coffee with this card. If there's no money left on the card, I don't get coffee there. It's just a special treat or me since I don't go out for drinks or go on vacation.
Domi Blanche well, cars aren't that necessary on Europe. it is impossible to live without one in the states
My biggest problem is it's hard to find succesfull people to hang with ...
Pentru Barbati Then you need to change your location!
Dave is Dead on, you are who you hang with ! The people you hang around with, you will act like them , dress like them, think like them, listen to the same kind of music like them or this "if you want to soar like an eagle, don't hang with the turkeys"
Absolutely!!
Preach.
I had questionable friends that's why I prefer my own company
The one guy that disliked is broke.
shat exposure and the other guy is his friend
This is true. But if you can't afford to hang out with rich people in the first place, then you're a bit stuck. I started life with a group of wealthy friends with rich parents. I got into a very good school on no fees, so I was surrounded by people like that all day. But I could never afford to go to the same places, as my parents don't believe in sharing money. They all had driving lessons paid for at the same time, had help with university, etc, so they didn't need to work as many hours (if any). So eventually we stopped hanging out as they got tired of me working so much and always being too broke/tired. I've never managed to catch up, so now I don't really hang out with anyone as I still work long hours and don't have much money, but I'm not interested in most of the hobbies/activities that the poorer people I know have (TV, fastfood, celebrities, going out drinking, casinos, etc). It's a catch 22 for a lot of people.
BritBit Yes that is a catch 22. I feel you
i feel you. ive always been the one who worked all the time and tired, same boat as we miss out on the fun times and end up left out.
Same here.
I took Dave Ramsey's financial class it was helpful
And us New Yorkers Notice you speak with an accent! Lol
What happens when the successful people around me don't want me to hang out with them because I'm not successful? What irony. They'll only hang out with successful people because that's the advice.
I like how the people I don't like.. Don't hang around with me.... Always talking about gossip, and negativity.. Small minds..
I like how which people hangout with each other, and so I know right away.. If I should limit my information with that person.
Very true. Thank you Mr Ramsey.
Bravo, Dave, bravo.
I had an old football coach tell my team: Birds of a feather flock together, Jeff Rickett, Cedartown, GA
So umm Dave can you be my mentor?
Let's hang out sir lol
Dave, I look around and it's hard to find good people. Does bombarding oneself with videos like yours do the trick?
Thanks, Dave. Good info 👍.
This is very true.
This is a really great video! I would, however, be careful in making blanket statements like this in finance terms. Many (not all) financially successful people are terribly greedy humans. All these people can ever think about is gaining more and more and more and building for themselves a kingdom right here on earth. I am not talking about people who like to pretend to be rich via debt, but actual rich people who have no debt and millions of dollars in assets. Culturally in America, these two things can blend together unfortunately. I would say, in terms of personal finance that just because someone has “made it” (no debt, retirement, financial freedom) doesn’t mean that their character is upright or that their intentions are good. You can die a millionaire, hated and alone if your heart isn’t in the right place.
I would not call "(not all) financially unsuccessful people" terribly greedy. It's more that they can be misguided and have a victim syndrome. Blaming the rich for your problems in America when you can be rich if you really want to is not a solution. I take issue when the term "successful" is thrown around like it is only in reference to material possession and net worth. It is possible to be "successful" and not be rich.
I've noticed most truly wealthy people view it like a game where £ or $ is their XP. They don't neccessarily need any more money to buy stuff after a certain level, but having more XP than their friends means they are beating them in the game.
Need awesome mentors in life!
What's wrong with me? I do close to twice as good (at least financially) as best of my close friends. Weird...
I choose my books through what people recommend on the internet. I listen to you, Dave, too. Should i consider you as one of my closest friends? The equation would make sense then.
Great advice
0:41-3:55 so true
1 Corinthians 15:32-34
[32] What do I gain if, humanly speaking, I fought with beasts at Ephesus? If the dead are not raised, “Let us eat and drink, for tomorrow we die.” [33] Do not be deceived: “Bad company ruins good morals.” [34] Wake up from your drunken stupor, as is right, and do not go on sinning. For some have no knowledge of God. I say this to your shame. (ESV)
So glad this norm doesn't apply to me, my friends don't read and I read at least one book each month, now about money I feel like I need a new job and new friends if that's going to help 😂😂😂
Sandra Franco-Gibson me too!
Technology sounds exciting and even mysterious to witness a self-driving vehicle minus the driver. A Self-driving car appears to be scary. If I am able to get in before the crowd, my chances of retirement would be phenomenal and a Self-driving achievement for retirement.
Amazing
Hang around with Successful People: I wonder what the dirt poor people thought back in 18th century before French revolution.
"Oh yeah I have to hang out with Aristrocrates, maybe when I will become one!"
Don't think too much has changed since then.
Ugh. He’s right!
I heard this maxim around 2005. It's still relevant then. My friends are alright, but I'm the one with the machete fighting the jungle at times. :) El Dorado here I come!
I'm 21 and I'm only on step 5. What can I do better?
So true
The last few books: Total Money Make over and Love Your Life not Theirs, up next, Boundaries 😬
Boundaries is good. I'd give that book to everyone I know and force them to read it if I could. Just common sense but so many issues become clearer to see and try to fix after reading it.
droptozro whose the author for boundaries? Is it Dave? And what about Up next? Are these Financial books too? :)
Super Nova I believe the author is Dr. Henry Cloud.
How did you like Love Your Life, Not Theirs? My wife and I are buying that soon.
TrainingComplete Overload i enjoyed it. Rachel followes her dad, DR's teaching and each chapter she gives little stores and has humor in it. You can see her honesty and she is much like that on her youtube channel and in person! I went to the even they had and she signed my book :) definitely recommend. The Boundaries book i gave it 30pages and i didn't like it
Great points!
Amen
Who lives in the Sacramento area?
lol that average thing is not my case. all my friends are broke
I felt like an outlier until u said alcohol consumption
The Bible said do not be decived bad company ruin good moral.
So he used to be racist?
First!
Dave Ramsey has some good ideas but he lost creditabilty with me when he couldn't name what funds give you a 12 % return.
ahmed karim there's a link in one of the comments from a different rant. I emailed it to myself and sent myself a text, too, so I won't lose it.
i liked @ #560