Dave, I have baby step 1 done. For baby step 2, I have gotten rid of $6,000 of my debt so far but I have so much student loan debt and lawyer debt from my divorce should I do step 2 & 3-7 at the same time?? (Single mom 25yrs old & 2 kids) I feel like I can’t get out of the hole. the debt snowball is showing me hope but it’s conflicting emotionally that I won’t be able to get out in time to save for my future/kids future
@@elsaromero4743 you weren't asking me, but I paid off all my debt 2 weeks ago. Riding my bike and the bus to work until I save up 10K. Then I will buy a small used car. ...and keep saving...
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are much pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.,,
One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with??
As of 9/2/2019 I am debt free! Cash flowing and planning for now on. Stay motivated. Keep in prayer, Keep in the Word and God bless Dave Ramsey and his crew!
1: $1000 in my emergency 2: paid off Cap One Still working on baby step 2 (2) credit card (1) car payment. Please pray for me. My goal is to get out of debt Dec 2022.
I got 2 months left in student loan. I got rid off all my credit cards starting 2015 when I found out about Dave. I let go off my bmw and bought myself a cash car which is 2005 honda civic. I’m debt free by 2020. Thank you Dave.
I’m 36 and grew up very poor with no sense of monetary responsibility. I’ve found Dave Ramsey and others and I’m looking to leave a legacy and not a liability. Thank you so much for putting out the content.
12/24/20 my husband and I became DEBT FREE!!! *insert scream* Thank you, Dave, for ALL of your wisdom! We stood on prayer and our plan and now we are here!😊♥️
I owed $10,000 on my car and now I’m down to $963.00 Yay!! In the home stretch. Then it’s time to knock out all my other debt with the snowball effect!!
This is so true! People don't want to hear the truth, they don't really want to know what it takes to be successful. They ask you and as soon as you tell them what it takes, it doesn't take 10 seconds for them to stop listening.
Ravioli: That's because it takes work. Same thing with weight loss. Someone says, ''wow, you look great, how did you lose the weight?'' so you start to tell them and about 15 seconds into it they laugh and say, ''Oh my god, I could never (give up pasta, bread, blah, blah, fill in the blank) or they say, ''Oh my god I don't have time to (walk, run, go to the gym, whatever). Everyone wants a magic pill. LOL
Inkdraft: That's EXACTLY what happen to me after I lost 20 lbs. People asked me how I did it After I said: "Portion control and exercise exercise exercise." They laughed: "Oh you don't have to do all that." oookkk so that's why they are still overweight. Too much work, too much effort. I see men, mostly, walking the halls here at my office building and the huffing and puffing they are doing is awful!! I hate to think how the make it up the stairs. Oh....they take the elevator up one floor....Their ages run about 40-60 and they have no desire to loose weight.
Just paid off my second smallest debt in baby Step # 2! Smallest credit card paid off and closed! Before the end of the month I should have my second and final credit card paid off and closed. Next month I should pay off at least half my student loan. By Thanksgiving I should be payment free! Then, I will only have a few small collections to pay and settle on which should translate to debt freedom by Valentine's Day! Yay! The "clear path" thing is real.
Good stuff Dave! So many schemes and "get rich quick" plans out there. You're one of the only ones left that believe in common sense and godly morals to find success!
He basically talks about his steps in 80% of his videos if he doesn't allude to them. These aren't secrets; they're basic things people refuse to do, which is why most of the country is still in debt. But you can do it, reader/viewer! The power is in you to get out of debt and live a life free of financial stress - YOU WILL MAKE IT TO FINANCIAL PEACE! Now go and save some money
These steps are GREAT! I was able to pay off my debt on a single income of $37k for my family of 4 AND I'm still able to save up for emergency funds, retirement, and college savings. We still have some cash left over for fun...and we live in Chicago! Thanks Dave!
I film weddings on the side, but I do that on a needs basis now that I am debt free. At first all my wedding money went off to pay off my mortgage, now I use it for my kids college savings or maybe to save up for a newer car.
The hard part is stopping yourself in your tracks if you've been doing something for years that isn't working. But insanity is doing the same thing over and over expecting a different result. I personally am trying to set at least one goal a day and accomplish it. No matter how small. Its already working great.
I Found out about Dave and his show about 2 months ago, and I'm convince with his approach it has change my mind and habits dealing with money and investing...
Thank you for sharing your experience and baby steps for family finance. This really changed my whole family. Even though I am not an American. Your messages really bless the whole world. My family is so grateful. May the Lord bless your family and business tremendously.
The point that the "baby steps" give one a CLEAR PATH can't be over-emphasized! I've seen tons of great financial advice, by basically everyone: _Pay off your debts. Get a rainy-day fund. Save for kids' college. Save for retirement. Pay off your mortgage._ I get all that, but Dave's the first person I've ever seen that gives me a clear path! Previously, I'd been trying to do all of the above (effectively none of the above) at the same time! Now I'm rolling up my sleeves, and I'm getting started on Baby Step #1.
I'm 29 and have a condo paid in full and a 329k mortgage I'm paying down asap!!! Thank you Dave, your advice works. It takes a 10 to 30 year commitment depending on your circumstances, but its possible to be debt free! I'm thinking I'll be 40 years old and completely free!!!
Get RID of the DISTRACTIONS bro mine was women and a few other things but I just got really focus on ME SOMETIMES U GOTTA BE SELFISH SO U CAN HAVE SOMETHING IN LIFE
I thank God for you all and this show it has Blessed me in so many ways . I'm working on becoming debt free . Paying off my bills and paying extra on my principal of my house .
Step 1 - $1,000 emergency fund -I've never had less than this amount since I started working over 20 years ago. Step 2 - pay off all debt - still owe $10k on the car Step 3 - 3 to 6 months expenses in savings - I combine these two steps since I only owe on my car and house and my career isn't secure enough to not have a few months expenses saved up. I keep 3 months expenses until car is paid off then I work on 6 months expenses. Step 4 - invest 15% 401k- will do but haven't had much luck earning in this and my company doesn't match. Step 5 - college for the kids - I skip this step since I don't have children Step 6 - Pay off home early - only have $25k left Step 7 - build wealth and give - I'll build wealth, but I'm keeping it all to myself! mwahahahaha!
Step 1: Me too. Having less than 1000 dollars/euros (a European over here) is really suicidal. Step 2: Not applicable. I've never had debt in my entire life. Debt, not even once. Step 3: Currently I have the equivalent to 8 months of expenses in cash in the bank just in case. Step 4: Doing it and finding out that I'm better at investing than I thought. I have a yield of 14.1% in my investments right now. Kiling it. Step 5: Not applicable. I'm European. We pay very small tuitions here. Most are under 3k a year. College/university is mostly paid by the state, i. e., the taxpayer, i. e. me anyways. Step 6: See step 2. Besides, I prefer the geographic mobility offered by renting. Step 7: I'm also not sharing it with anyone. Mwahahaha!
I just recently stumbled across Dave Ramsey. I grew up poor so my parents urged me to put away an emergency fund as soon as I started making $. So I put away 3 months emergency funds first. I then paid down my student loan debt & mortgage. I still have some consumer debt (less than $6000). I am now living below my income (on less than $30k a year) and looking to be debt free in 2019 with paid home! So I haven't quite done it Dave's way, but close....
It's very tough to get people to stick to self-improvement. If they prefer the mud they're stuck in, no amount of budging and pulling will get them out.
I love Dave's response two people who don't use their intelligence. It's like when people ask you a question and you answer it then they want to argue about it. Don't ask the question if you aren't willing to accept an answer
Daniel Root the Lord would be using them even more powerfully if Dave would humble himself and resemble more of what a true follower is supposed to be like as opposed to saying all the right things but resembling some of the least savory aspects of a arrogant and self-righteous sprit!
It‘a tricky in the UK because your student loans are written off 30 years after you take them out. Most people don’t pay off their student loans in the UK within their working life. It doesn’t impact your credit score or you getting a mortgage so it’s difficult to work out if it’s worth paying it off.
This plan helped my whole life improve more than all the other self-help, philosophy, and religious books I ever read. You just cannot conceive how much better you will think and feel, and how much better your relationships will be until you achieve at least the first 3 or 4 steps.
I love listening to your podcast. I agree with you hundredpercent that people that are losing should not give advice. I have lost best friends over this continued unsolicited advice but I don’t regret it because I don’t think I am less happier now. You speak the truth!
So I’m starting my first job in my field of study (mechanical engineering) tomorrow morning. This would be the second job I’m juggling. I just finished school a few months ago and loans will start hitting me next month. On top of that my dad decided to gift me with his old car. This would be my first car. I decided to buy the book (not the bundle) just to see how much food for thought I will get. It was $1.99 on Barnes and noble so I said why not. I’m very hesitant and anxious of taking on all these different loads of responsibility. On top of that I’m juggling time to study for my engineering license. I have a clear goal on what I want to achieve in life and I’m finally on set to reach that goal. I just need a certain guide rail to refine my steps and I think Dave may be the key. I’ll have to see for myself.🤔 Also, I think it’s a bit odd that Dave seems to rant into thin air lol.
I will fully commit to these steps starting AUG 2020! I calculated a budget to payoff 1 credit card and spouse’s student loan with a total of $9k. I expect to full payoff by DEC 2020. No shorts cuts not modification because I keep doing that and not paying off debt and increasing my savings. I’ll be back in DEC for my results. Please wish me luck. I am determined.
I’ve completed all baby steps but I’m not married, no kids, I rent my apartment and not interested in owning a home. I’m debt free and I’ll have a pension when I retire in addition to my 401K. Any/all advice is appreciated.
I really like how you tell us the truth and it is good that it hurts so I won't make the same mistake again. Thanks for the support. I know I will get there following this.
I’m 17 working 2 jobs this summer 70 hours a week. Trying to pile up money so I can go to college without having student loans and get a good down payment on a house. Trying to figure out if I should keep saving it all or if there’s something else I should put it.
Save some to put in a Roth IRA and keep funding it. It will grow over time and you got a lot of time, Lord willin. If you have something in mind that you want to learn to be, invest in yourself. Your education whether it be trade school or college or whatever will assist you in making more money.
I drank the kool-aid. Finding one financial planner and run with him or her must also be an important component. I chose Dave. I like this guy. Thanks for this great channel.
I always grew up thinking that our family was struggling for money as I was more than aware that monthly bills were a problem. I am now aware this was not the case it was just my mother had no clue on how to budget or save
Debt free since dec 2018, 6 month emergency funded and spread in stocks, money market and saving account, Roth IRA maxed 401k maxed for the year by July, the remaining goes to the mortgage
Anyone living like they poor to pay off debts? I had stopped home internet and cable with other cuts a couple yrs back. Debts paid but now i still don't have internet at home or cable. I have unlimited internet on my metro cell with 15gb hotspot and as for tv ku band satellite for free FTA channels but a regular outside antenna will give some free ota channels as well.
Weight loss is not a good example because anyone can do anything to lose weight at first. True weight loss success is when someone can keep the weight off for years...for life. Yes, I have an opinion about this because I have decades of experience in this area. Dave is right when he says “go with the winners.” Just be certain that they really are long term winners and not just here today and gone tomorrow. I have done what the long term winners have done and achieved the same success they did. My big mistake is/was that I stopped doing what the winners do and went back to doing things my way...which doesn’t work! Exactly as Dave states here. And yes, it is all about my ego. It is very hard for me to accept that I don’t know how to do anything. Gotta get humble in order to be successful... at weight loss and so many other things in life.
I never a book 📚 person and hates to read . For the 1st time I bought Dave Ramsey money making book. Thanks Dave , I’ll read and oneday I’ll call you and would tell you how I made it through
THE 7 BABY STEPS: th-cam.com/video/Sr43f28mU0U/w-d-xo.html
On baby step 1. I am 60K in debt!
370 Bank Managers gave Dave a thumbs down.. LOL
Hi Sir Ramsey. Thank you. Subscribed.
Dave, I have baby step 1 done. For baby step 2, I have gotten rid of $6,000 of my debt so far but I have so much student loan debt and lawyer debt from my divorce should I do step 2 & 3-7 at the same time?? (Single mom 25yrs old & 2 kids) I feel like I can’t get out of the hole. the debt snowball is showing me hope but it’s conflicting emotionally that I won’t be able to get out in time to save for my future/kids future
@@rooclicknet8666 did you clear it?
Paid off $7,000 of debt so far. I’m watching his videos to keep myself motivated!
How're you doing now?
Justine Carissa CONGRATULATIONS!!!!🙌🏾
Awesome!!!! 💪😊
Hope your motivation is up!! It's been a year since your post I hope you're closer to your goal
@@elsaromero4743 you weren't asking me, but I paid off all my debt 2 weeks ago.
Riding my bike and the bus to work until I save up 10K. Then I will buy a small used car. ...and keep saving...
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
Stocks are much pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look
The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.,,
One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with??
Sonya Lee Mitchell is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment..
I just checked her out and I have sent her an email. I hope she gets back to me soon,
I'll be debt free in 3 months! $25k in student loans paid off in 2 yrs and I bought a house in 2016. Dave Ramsey's method is legitimate!
RockFinancial congratulations
Hows the progress today?
have you paid off your house already @Rock Financial?
Great job!
Awesome 👏🏽
I know I’m not the only one addicted to Dave’s TH-cam videos!
FoolishGaming No. I’ve been watching them all day lol.
Have you watched Impact Theory| Tom Bilyeu or, Valuetainment|Bet Patrick David ?
@@DrSRanjanMBBSAcupuncturist Yes I have. Great advice too. I follow DR because owning my house and car feels awesome!!! Freedom!!!
No you're not. It's been a week since I watched and i'm scratching😁
Nope, we are watching these consistently!! Soo motivating
As of 9/2/2019 I am debt free! Cash flowing and planning for now on. Stay motivated. Keep in prayer, Keep in the Word and God bless Dave Ramsey and his crew!
Congratulations, may God keep blessing you and keep up the great work.
Congratulations
Awesome!!! Congrats to you!!
Congratulations 🎈
Congrats!
1: $1000 in my emergency
2: paid off Cap One
Still working on baby step 2
(2) credit card
(1) car payment.
Please pray for me. My goal is to get out of debt Dec 2022.
Catt's Box how much are the debts?
You can do it!!
Catt's Box You can and WILL do it. Keep it up dear
Well done on your progress so far 👍
You can just keep going
I got 2 months left in student loan. I got rid off all my credit cards starting 2015 when I found out about Dave. I let go off my bmw and bought myself a cash car which is 2005 honda civic. I’m debt free by 2020. Thank you Dave.
Congratulations, any updates?
@@brodyca1898 hey i am completely debt free since November 2019 right before the pandemic.
@@glaizamarievlogs4979 congratulations!! 👏
@@maramacarie7234 thank you
@@glaizamarievlogs4979 sounds like good timing to have gotten out of debt. May be able to afford the bill, not gauranteed income in the future
Today...WE ARE DEBT FREE!!! Doing TH-cam reviews also helped as a side income.
Hi 5! me too!!!
That's good
Sam B nah I’m not a car person! besides.. I like my little car 🚙
@Sam B *facepalm*
James Patton CONGRATULATIONS!!!🙌🏾
I’m 36 and grew up very poor with no sense of monetary responsibility. I’ve found Dave Ramsey and others and I’m looking to leave a legacy and not a liability. Thank you so much for putting out the content.
12/24/20 my husband and I became DEBT FREE!!! *insert scream* Thank you, Dave, for ALL of your wisdom! We stood on prayer and our plan and now we are here!😊♥️
God bless you both.🙏💗
Can’t believe I’m debt free, 10k in savings, starting retirement and saving for a house. Thanks Dave!!!
God bless you 🙏💗
We are debt free but i still watch all of these vids bc it helps me stay focused.
Currently building the rest of our 3-6 month emergency fund
I owed $10,000 on my car and now I’m down to $963.00 Yay!! In the home stretch. Then it’s time to knock out all my other debt with the snowball effect!!
Were you able to pay it off? And how is it going now?
This is so true! People don't want to hear the truth, they don't really want to know what it takes to be successful. They ask you and as soon as you tell them what it takes, it doesn't take 10 seconds for them to stop listening.
Ravioli: That's because it takes work. Same thing with weight loss. Someone says, ''wow, you look great, how did you lose the weight?'' so you start to tell them and about 15 seconds into it they laugh and say, ''Oh my god, I could never (give up pasta, bread, blah, blah, fill in the blank) or they say, ''Oh my god I don't have time to (walk, run, go to the gym, whatever). Everyone wants a magic pill. LOL
Inkdraft: That's EXACTLY what happen to me after I lost 20 lbs. People asked me how I did it After I said: "Portion control and exercise exercise exercise." They laughed: "Oh you don't have to do all that." oookkk so that's why they are still overweight. Too much work, too much effort. I see men, mostly, walking the halls here at my office building and the huffing and puffing they are doing is awful!! I hate to think how the make it up the stairs. Oh....they take the elevator up one floor....Their ages run about 40-60 and they have no desire to loose weight.
Yes!! As soon as I brought up how to fix credit to my friend, they stopped listening 🤦🏾♀️
When you find something that works submit yourself to it.....Love it!!!!!
Just paid off my second smallest debt in baby Step # 2! Smallest credit card paid off and closed! Before the end of the month I should have my second and final credit card paid off and closed. Next month I should pay off at least half my student loan. By Thanksgiving I should be payment free! Then, I will only have a few small collections to pay and settle on which should translate to debt freedom by Valentine's Day! Yay! The "clear path" thing is real.
Great job, and big thumbs up! Just knocked my 2nd debt too yay1
Congrats man!
Nice job!!!!
How are you doing a year later?
Dope hope all is well
His level of bluntness in his communication, always makes my day! :) Haha.
Sitting here at work angry and frustrated.I vow at this very moment to commit to the Dave Ramsey formula.I want to build wealth.
How is it going so far?
I'm curious have you made any progress yet?
Preach 👏 bruh
Hows it going now.
How about now?
"Find someone who is winning at something and submit yourself to that process".....I'm writing that one down!
Proverbs 16:18: "Pride goes before destruction, and a haughty spirit before a fall."
Good stuff Dave! So many schemes and "get rich quick" plans out there. You're one of the only ones left that believe in common sense and godly morals to find success!
Zebuli Bourne unless she drives you nuts and drives you to spend or drink like mine!!!’
Every once in awhile I find myself lost... I come back to Dave Ramsey and he sets me straight.. So thankful for this man.
Search Joey Diaz
30yr old father of 3. Paid off all debt! This stuff works people
I absolutely love Dave Ramsey rants!!
Miss Deane same here. He gets so into I️t. First time I saw I️t I thought he was gonna have a heart attack.
I love every min of Mr. Ramsey rants 🤗🤗
Nadeane is purdy.
He’s a smart man
I love seeing all the intelligent black women in the comment section.
🥰🥰
9.27.20 DEBT FREE!!!! Long journey but it feels so good and guess what, I'm not stopping here
'Shut Up'....
'It Makes You Look Stupid'....
I Love This Man!!! ❤
Watching this video, I felt like he was never gonna actually share the steps 😂😂😂
Isaac: No he wants us to buy the book $$$$ He's a business man and knows "how to do this".... LOL
TH-cam is free. His 15 HOURS of podcasts every week are free. The forms on his website are free. The plan works. The plan is free.
1:17
He basically talks about his steps in 80% of his videos if he doesn't allude to them. These aren't secrets; they're basic things people refuse to do, which is why most of the country is still in debt. But you can do it, reader/viewer! The power is in you to get out of debt and live a life free of financial stress - YOU WILL MAKE IT TO FINANCIAL PEACE! Now go and save some money
These steps are GREAT! I was able to pay off my debt on a single income of $37k for my family of 4 AND I'm still able to save up for emergency funds, retirement, and college savings. We still have some cash left over for fun...and we live in Chicago! Thanks Dave!
I film weddings on the side, but I do that on a needs basis now that I am debt free. At first all my wedding money went off to pay off my mortgage, now I use it for my kids college savings or maybe to save up for a newer car.
Congrats! Inspirational and motivational!!!
Thanks! Also my TH-cam channel is helping out...check it out 😀
Congrats to you, keep it up! It's amazing how much money we find in our own bank accounts when we're not spending like crazy!
Impressive most impressive
The hard part is stopping yourself in your tracks if you've been doing something for years that isn't working. But insanity is doing the same thing over and over expecting a different result. I personally am trying to set at least one goal a day and accomplish it. No matter how small. Its already working great.
The opportunity to share your financial gifts with others when you’re out of debt is really really awesome.
I Found out about Dave and his show about 2 months ago, and I'm convince with his approach it has change my mind and habits dealing with money and investing...
“Join the cult. Shave your head and drink the coolaid!!” Priceless! Love Dave Ramsey’s rants.
This was so funny 🤣
Thank you for sharing your experience and baby steps for family finance. This really changed my whole family. Even though I am not an American. Your messages really bless the whole world. My family is so grateful. May the Lord bless your family and business tremendously.
My wife and I just started our first step this week. Finally doing this and we're excited.
Staying the course?
Dave Ramsey always has the greatest advice, I love his financial mentality.
The point that the "baby steps" give one a CLEAR PATH can't be over-emphasized! I've seen tons of great financial advice, by basically everyone: _Pay off your debts. Get a rainy-day fund. Save for kids' college. Save for retirement. Pay off your mortgage._ I get all that, but Dave's the first person I've ever seen that gives me a clear path! Previously, I'd been trying to do all of the above (effectively none of the above) at the same time! Now I'm rolling up my sleeves, and I'm getting started on Baby Step #1.
I'm 29 and have a condo paid in full and a 329k mortgage I'm paying down asap!!! Thank you Dave, your advice works. It takes a 10 to 30 year commitment depending on your circumstances, but its possible to be debt free! I'm thinking I'll be 40 years old and completely free!!!
You can do it before that!!!👏🏼👏🏼👏🏼 All the best
Just curious if he accepts credit cards for purchasing his program 😂
*Update* he only accepts debit cards!!! I tried buying something. Homeboy is on it! Lol
Lol
😹
No because credit cards are stupid !
He would get so mad like why you listening to this if I’m telling you not to have that 😂
Never listen to losers or you'll be one too. Sage advice.
I need to start setting goals. I feel like I’m just floating around wondering what the meaning of life is.
Get RID of the DISTRACTIONS bro mine was women and a few other things but I just got really focus on ME SOMETIMES U GOTTA BE SELFISH SO U CAN HAVE SOMETHING IN LIFE
The meaning of life is equal to the sum of our everyday choices.
@@brianbcj I started realizing that too recently.
Omg Me too
24 and felt this strongly bro
I know Dave isn’t a comedian but his timing and delivery is hilarious! He’d kill on stage!
I come watch the Dave Ramsey podcasts when I need uncle Dave to yell at me to get my ish together if I ever feel like I'm losing momentum 😂
I thank God for you all and this show it has Blessed me in so many ways . I'm working on becoming debt free . Paying off my bills and paying extra on my principal of my house .
When you started yelling at me not to have an opinion in a space where I'm losing, I instantly liked and subscribed sir.
Step 1 - $1,000 emergency fund -I've never had less than this amount since I started working over 20 years ago.
Step 2 - pay off all debt - still owe $10k on the car
Step 3 - 3 to 6 months expenses in savings - I combine these two steps since I only owe on my car and house and my career isn't secure enough to not have a few months expenses saved up. I keep 3 months expenses until car is paid off then I work on 6 months expenses.
Step 4 - invest 15% 401k- will do but haven't had much luck earning in this and my company doesn't match.
Step 5 - college for the kids - I skip this step since I don't have children
Step 6 - Pay off home early - only have $25k left
Step 7 - build wealth and give - I'll build wealth, but I'm keeping it all to myself! mwahahahaha!
Step 1: Me too. Having less than 1000 dollars/euros (a European over here) is really suicidal.
Step 2: Not applicable. I've never had debt in my entire life. Debt, not even once.
Step 3: Currently I have the equivalent to 8 months of expenses in cash in the bank just in case.
Step 4: Doing it and finding out that I'm better at investing than I thought. I have a yield of 14.1% in my investments right now. Kiling it.
Step 5: Not applicable. I'm European. We pay very small tuitions here. Most are under 3k a year. College/university is mostly paid by the state, i. e., the taxpayer, i. e. me anyways.
Step 6: See step 2. Besides, I prefer the geographic mobility offered by renting.
Step 7: I'm also not sharing it with anyone. Mwahahaha!
Ryan Cook thank u bro
I just recently stumbled across Dave Ramsey. I grew up poor so my parents urged me to put away an emergency fund as soon as I started making $. So I put away 3 months emergency funds first. I then paid down my student loan debt & mortgage. I still have some consumer debt (less than $6000). I am now living below my income (on less than $30k a year) and looking to be debt free in 2019 with paid home! So I haven't quite done it Dave's way, but close....
Ryan Cook Get a cheaper car
Real nice!
It's very tough to get people to stick to self-improvement. If they prefer the mud they're stuck in, no amount of budging and pulling will get them out.
Alek Miller People will not change until the pain of staying the same is greater than the pain of changing.
So true
I've been listening to this since high school and my school just sent everyone his course for free
You can never go wrong by getting out of debt and building an emergency fund. The hardest part is getting started.
The very best plans are the simplest plans. This has always been the case. I think that is the power of the Baby Steps 👌🙌
“Shut up.”
-Dave Ramsey, every year
I'm following the baby steps and it works! I'm almost done paying off my house what a great feeling
I love Dave's response two people who don't use their intelligence. It's like when people ask you a question and you answer it then they want to argue about it. Don't ask the question if you aren't willing to accept an answer
At this point in my life, I appreciate your rebukes Dave. Thank you!
“If your loosing in a space don’t have an opinion”👏🏾👏🏾👏🏾
Thank you and your team for all you do. The Lord is using you guys in amazing ways!
Daniel Root the Lord would be using them even more powerfully if Dave would humble himself and resemble more of what a true follower is supposed to be like as opposed to saying all the right things but resembling some of the least savory aspects of a arrogant and self-righteous sprit!
Loralie Cataldi Judging much???
I think Mr. Ramsay, is as he should be. I believe he is a true Christian. And trying to help, people, with Biblical truths.
I don’t live in my moms basement....
I live in her living room.
Same. Hahaha
😂😂
Me too😂
All thx to Dave Ramsey..you’re upgrading for lifestyle
Lol
I bought this bundle this is the best investment i ever done.
How did it pay off?
He is basically a pastor
This couldn't be more accurate. This had to be said!
I subbed for the brutal honesty..
Thank you from Brazil :)
Philipe Cortez legal ver que tem outros brasileiros acompanhando o Dave
It‘a tricky in the UK because your student loans are written off 30 years after you take them out. Most people don’t pay off their student loans in the UK within their working life. It doesn’t impact your credit score or you getting a mortgage so it’s difficult to work out if it’s worth paying it off.
This plan helped my whole life improve more than all the other self-help, philosophy, and religious books I ever read. You just cannot conceive how much better you will think and feel, and how much better your relationships will be until you achieve at least the first 3 or 4 steps.
Lol Dave Ramsey is preaching in this video. If people will take heed to his wisdom they will win. Thank you Mr. Ramsey
I love listening to your podcast. I agree with you hundredpercent that people that are losing should not give advice. I have lost best friends over this continued unsolicited advice but I don’t regret it because I don’t think I am less happier now. You speak the truth!
I just love Dave’s rants!
Love Dave Ramsey from South Africa 🇿🇦
I love the brutal truth 😂 it’s a great motivator
So I’m starting my first job in my field of study (mechanical engineering) tomorrow morning. This would be the second job I’m juggling. I just finished school a few months ago and loans will start hitting me next month. On top of that my dad decided to gift me with his old car. This would be my first car. I decided to buy the book (not the bundle) just to see how much food for thought I will get. It was $1.99 on Barnes and noble so I said why not. I’m very hesitant and anxious of taking on all these different loads of responsibility. On top of that I’m juggling time to study for my engineering license. I have a clear goal on what I want to achieve in life and I’m finally on set to reach that goal. I just need a certain guide rail to refine my steps and I think Dave may be the key.
I’ll have to see for myself.🤔
Also, I think it’s a bit odd that Dave seems to rant into thin air lol.
I will fully commit to these steps starting AUG 2020! I calculated a budget to payoff 1 credit card and spouse’s student loan with a total of $9k. I expect to full payoff by DEC 2020. No shorts cuts not modification because I keep doing that and not paying off debt and increasing my savings. I’ll be back in DEC for my results. Please wish me luck. I am determined.
strict but fair: "I am amazed about the number of broke people who have strong opinions about my investment advise"
**advice. But yes, agreed.
Greetings from the UK! We'll be debt free by November this year :) Very excited!
I’m so glad you broke down A.L. Williams teachings and made it applicable to today’s world. I’m starting baby steps now!
I’ve completed all baby steps but I’m not married, no kids, I rent my apartment and not interested in owning a home. I’m debt free and I’ll have a pension when I retire in addition to my 401K. Any/all advice is appreciated.
I love how he gets angry. Also, people hate being persuaded by others.
I love you dave Ramsey. God bless you for helping us.
Loved this so much!!
I really like how you tell us the truth and it is good that it hurts so I won't make the same mistake again. Thanks for the support. I know I will get there following this.
I’m 17 working 2 jobs this summer 70 hours a week. Trying to pile up money so I can go to college without having student loans and get a good down payment on a house. Trying to figure out if I should keep saving it all or if there’s something else I should put it.
Don’t waste the money. Go to a trade school or do something that doesn’t require a college degree.
Save some to put in a Roth IRA and keep funding it. It will grow over time and you got a lot of time, Lord willin.
If you have something in mind that you want to learn to be, invest in yourself. Your education whether it be trade school or college or whatever will assist you in making more money.
Or you could just call Dave and see what he says 🤔
Going All The Way!!! Goal Is To Pay House Off In 3 Years!!! And Student Loans In 5. Don’t owe any credit cards!!! THANK GOD!!!😇
House before student loans? Regardless, congrats!
Way to Go!!!!!!!!
Tracy Washington stick to the baby steps.
Typical caller
I came for 7 steps. I got a commercial and a lecture. The first one of your videos I've ever watched. I hope the rest are better.
I drank the kool-aid.
Finding one financial planner and run with him or her must also be an important component.
I chose Dave. I like this guy.
Thanks for this great channel.
Jamie Baier Bb
Destroy Debt 2018!!!
YES! :)
Me too Leggo!! 🏃🏽♀️💨
We're almost at the end of 2018 how did you go. Best of luck with it
2020! Just found David Ramsey. Better late than never. I have a mess to clean up.
I always grew up thinking that our family was struggling for money as I was more than aware that monthly bills were a problem. I am now aware this was not the case it was just my mother had no clue on how to budget or save
I just ordered the total money makeover at the behest of a TH-camr. I found this video after ordering... I can't wait to get the book now!
Debt free since dec 2018, 6 month emergency funded and spread in stocks, money market and saving account, Roth IRA maxed 401k maxed for the year by July, the remaining goes to the mortgage
Dave Ramsey gives me hope!
I love his humour :3 I just sink in, enjoy the talk, and follow his advice to the T. Woot, Dave Ramsey!
Dave you gave me a directoon in life.. thank you!!
Very clear breakdown, thanks Dave!
Anyone living like they poor to pay off debts? I had stopped home internet and cable with other cuts a couple yrs back. Debts paid but now i still don't have internet at home or cable. I have unlimited internet on my metro cell with 15gb hotspot and as for tv ku band satellite for free FTA channels but a regular outside antenna will give some free ota channels as well.
Meeeee ... sometimes I don't have lunch but that's ok april I'll be debt free
We appreciate your hard research Dave Ramsey!
Weight loss is not a good example because anyone can do anything to lose weight at first. True weight loss success is when someone can keep the weight off for years...for life. Yes, I have an opinion about this because I have decades of experience in this area. Dave is right when he says “go with the winners.” Just be certain that they really are long term winners and not just here today and gone tomorrow. I have done what the long term winners have done and achieved the same success they did. My big mistake is/was that I stopped doing what the winners do and went back to doing things my way...which doesn’t work! Exactly as Dave states here. And yes, it is all about my ego. It is very hard for me to accept that I don’t know how to do anything. Gotta get humble in order to be successful... at weight loss and so many other things in life.
I for some reason find myself saying yes sir when he rants.. Lol
You gotta go global Dave! Hi from Sydney, Australia!
I never a book 📚 person and hates to read .
For the 1st time I bought Dave Ramsey money making book. Thanks Dave , I’ll read and oneday I’ll call you and would tell you how I made it through
@ that’s stupid!!!!” Lol gets me every time!!!
Thank you for ALL of your wisdom!
But Dave....Nobody has shown us reality before
Thank you.
How do I begin this am a senior in high school?