The Fastest Way to Become a Millionaire (with Dave Ramsey)
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- เผยแพร่เมื่อ 12 พ.ค. 2024
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My grandfather was a janitor and retired a millionaire. Being smart with your money is key!
I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.
Yes. It is very easy to buy in on trending stocks but the problem is knowing when to sell or hold, which is why a coach is important. I've been in touch with one for about a year now and although I was initially skeptical about it, I will say I've made more progress within a year generating 6figure profit
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
My husband and I were $95,000 in debt. We’re now down to $15,000. We’re set to pay off everything in 9 months. I’m so excited to move forward with our future! Thank you Dave and Rachel!
That is so beautiful and hopeful!! Great work!
You are doing awesome!! You guys got this in the bag. Good job.
2 month update: we’re 100% debt free!! Ahead of schedule. 😊 Thanks, y’all!
@@oatmealtruck7811 yay 😁
@@oatmealtruck7811 congrats!!
I'm a first responder, so I have a modest income. I'm almost a millionaire (also no debt for years & paid off mortgage). Average people can definitely do it.
Congratulations Scott!!! Way to go and you are 100% correct!
how did you got a mortgage? did you had credit cards before ?
Amazing job! Keep up the good work 🙂. And thank you for your service.
Wait so you're like a paramedic wow
How old are you Scott?
Almost 40 and halfway to becoming a millionaire. On baby step 7. Thank you, Dave Ramsey!
I’m Mexican, and you inspired me I don’t understand too much English, but the first time I heard you I started, I payoff my house in 9 months, no credit cards, and go to Roth IRA at 53 I’m debt freeeeeee thanks Ramsey
congrats!
🎉🎉🎉🎉
That’s Amazing and Congratulations!
Como pagaste tu casa en nueve meses?
@@sancielo2838
Maybe he's 63 and had 9 months left
💯 correct! My husband and I are in our late 30’s and we just became millionaires last year. This was done on not a particularly high income. I credit this due to not being in debt, living a frugal lifestyle and INVESTING in our retirement accounts early and often! This can be done! Good luck to everyone trying to build wealth and become millionaires!
Congrats!! At what age did you start investing?
Thank you so much Andrea! You really gave me hope. That’s the goal I want for my family and for others out there. I’m very proud of you and your husband!
@@Starfish12345 Thank you! I was 25 when I started my first real job and started investing in my 401k. My husband was 22 when he started.
@@jasondima1411 Aw, thank you for saying that!! I want to give others hope they can do this too! Trust me, if we can do it, you can too! I started out as a single, teen mom and my husband’s first job was taking out the trash. He never graduated from college. We never thought we would ever be millionaires.
@@andreah4696 Wow!!! That is very inspiring!! Yes it can be done and you and your husband just proved it! I’m thankful to be apart of a community that building legacies for their family tree. This is amazing! My wife and I are in our 30’s as well and we will be done with BS3 in March. Hearing your story just gave me the motivation I need to keep going. You both are awesome! From where you both started to where you both now is a testimony that will touch the hearts of others. I pray for nothing but more blessings for your family tree!
The S&P 500 moved 8.9% higher last Month, achieving one of its best monthly performances in history.. which is an indicator for profits to continue to improve. I just want my money to keep outgrowing the inflation rate. I'm still looking for companies to make additions to my $500K portfolio, to boost performance. Here for ideas...
Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Glad to have stumbled on this comment, Please who is the consultant that assist you and if you don't mind, how do I get in touch with them?
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
I started with Dave Ramsey when I graduated college in 2009 and I started a corporate engineering job. Became a net worth millionaire in 2017. Currently my net worth is about $5 million. Lived super frugally on a small portion of my income and invested the rest…. Boom it’s that simple. I believe anyone can become a multi-millionaire. To become extraordinarily wealthy, that does take another level of grit, talent and sometimes luck. FYI, I grew up lower middle class and started with nothing with no one wealthy in my family.
What did you invest in particular? thx and congra for the hard work.
So first get a corporate engineering job? 🙄
Awesome!!
@@kevina3372
YES...FIRST GET A JOB!!!
ANY JOB!
GROW UP!
@@marthaayalew2505
Everyone always wants to know what the secret is!
Time and Discipline.
Budget well below your means and pay yourself first!
If you have 20 years, it really doesn't matter, put it all in an S&P fund and....
LET IT RIDE!
"Guaranteed Millionaire!"
Yes... it's that simple!
I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
Her name is Amber Dawn Brummit can't divulge much. Most likely, the internet should have her basic info, you can research if you like
SCHD index fund, reinvest dividends.
All bots here lol 😂😂😂
I agree that the stock market is an excellent way to generate passive income. I've heard of numerous investors generating more than $40,000 per month. how can i invest and diversify my portfolio?
As a regular investor, it is difficult to outperform the market. You lack access to information that specialists do. So it's simply best to hire a professional who understands how things function.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
The decision on when to pick an Adviser is a very personal one. I take guidance from *VIVIAN LOUISE DEHOFF* to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
Vivian Louise Dehoff is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
I'm sick and tired of being sick and tired. I'm going to be 54. No retirement. I've been looking for a job for a while. I'm 35k in debt. I'm determined to pay off debt and build wealth.
Hope you're doing well and in a better place financially. Rooting for you!
I always tell persons its who know alot of times. Apply bindly doesnt work most if the time @mindfulperspective111
Me too, definitely can relate! I'm on baby step 1- but we've been trying to reduce our debt for a few years before seeing these videos. Now we have a concrete plan- good luck!!
I would suggest trying to negotiate with your creditors and tell them that you will go into default since you can’t pay.
figure out how to generate more income. maybe get a minimum 3 month contract lease with a roommate. use money from tenant to pay off debt works. Maybe get temp second job. I just paid off all my debt again.
We became millionaires last year in our mid 30s from single income but working all the OT I could get and taking construction side jobs doing anything and everything. Never have had personal debt, have always driven 10 year old vehicles or more and paid off our house cash as well as bought land cash to build in a few years. Work, work, work! Get rid of negative people and surround yourself with winners and positive influential people and you as well will become a positive influential person.
That’s awesome!! Congratulations!
I thank Dave Ramsey for the baby-steps! Made such a difference in my life. I am on the verge of $1,000,000 net worth. Thanks Dave!!
What do you mean in net worth? Are you referring to 401k/IRA, I'm just trying to figure this out it's all new to me
@@grozay1217 To determine your net worth, add up all of your assets and subtract all debt.
Ah but you might have had 3 million if you listened to Jack bogel
@@lettuceboy2382 IVE NEVER HEARD IF JACK B0GEL???
@@grozay1217 Networth is all assets ( car value, house value, other things value, investments/retirments, Savings, Checking, etc) minus liabilities (debts or basically things you owe others from formal to informal things). This is what makes up a networth, if you have more than a million then you are a millionaire. Millionaires arent those who make a salary of a millionaire but rather have a million dollars of value in things.
It does not matter how much money you make! What matters the most is how you manage it!
Absolutely. I got to a million through dumb luck and high income at 23. But only now that I’m 30 and following Dave do I have sense of peace and a plan
It's all about management.
So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousand$ saved up to invest for long term. I would like to know what advice you could give to start my investing journey. Listening to you gives me inspiration and wisdom. Thank you so much!
So excited! Took us almost two years- debt free next month. Now the house! Millionaires in 5 years is our goal...and just free in general we are 49/50. Never too late!
Congrats!Thanks for sharing your story and age. I'm 41 and working on Baby step 1. Thanks for your inspiration!
Yes! That is incredibly inspiring. Thank you, best wishes on your journey, and God bless.
Congratulations! I believe the right mindset is the key, and not necessarily the age. We discovered Dave a month ago and already gazelle intense and working on BS2. Should be debt free in 14 months. We're 40/41 and based in UK.
That’s amazing to hear congratulations 🎊🍾🎉🎈.
I’m in my early 30s I can keep pushing .
Thank you for sharing. This give me hope!
Teachers can become millionaires! I’m one. The baby steps work. Thanks Dave.
We sure can!!!
Awesome!!
I am so glad I randomly ran across Dave’s show on TH-cam 4 years ago. It completely changed my trajectory. Now I’ve always saved for retirement and put away the max towards my 401k at work since age 25, but I’ve never gotten serious about getting rid of my student loans until I watched the show. Coming out with 140k in student loans makes me feel like it’s hopeless until you really get aggressive with pay it off. Once I followed the baby steps… that loan went away quickly and without loans, I never slept better… a whole weight was off me… and I finally can see how I can take that money invest it and see it quickly amass. Within 1 year, got me to a million. Cutting back, rice and beans were tough to do but the freedom it brings now… 100% worth it. Worth the short term sacrifice for the long term mental freedom.
Understanding that being a millionaire could give me the resources to help others in a big way is what changed my view of a millionaire. I always thought that being a millionaire just meant I could live a luxurious life.
I understand totally. I've had the same change!
My husband and I made no more than $80,000. tops, for a couple of years, we are frugal, bought kids their first car, paid for their college and gave them a down payment on their houses. We are proud to say we are everyday millionaires :=)
Very inspriring. I’m 47years old & on BS3 (also paying off mortgage). Can’t wait to have this step complete!!
My mother was diagnosed with dementia March 2021 and I’m a 37 yr old disabled Vet…. Thanks to Dave we live a good life…👌🏽💪🏽🙏🏽
My mother too had dementia and I cared for her. Thank you sir for your service to your country.
Belief is everything! So true ! I bought my house when i was 25, i had a goal to pay off my mortgage in full before i turned 40. Today I'm 35, on track to have it GONE by the end of 2023.
Hope is so powerful!
Rachel I truly admire you thanks to Dave! I finally paid off my student loans after 17 years!!!! I am driven to keep going and becoming a millionaire soon! 🙏
Thank you Dave, I followed you and I am now debt free! About $40,000 debt paid including student loans. It was really hard but did it in 1.5 years, I m now going to follow through with the baby steps to growing wealth, giving and becoming a millionaire 😊
91% of Americans have access to a car. 8% of Americans are millionaires. But if you just didn't have a car payment and instead invested the money you will be a millionaire.
Wise words
Yuppppppp🥳
Invest is what, specifically, though? Everybody's always like, "invest, invest, invest," but they never say in what, though. Picking some random stocks that you think are going to do well, a 401k, what?
@@Melissa0774 S0ME SAY MUTUAL FUNDS AND S0ME SAY CDS
@@janecoe9407 The interest rates on CDs are so bad, though.
I'm a single mom of 2 teenagers and a teacher. I believe it's absolutely possible. It's taking me some time, but it's in sight.
Go girl! You can do it. Get help read up whatever works. For women, it becomes longer to get to our goal.
You have three kids, one of whom is a teacher?
@@genxx2724 , no, sorry for the wording. I have 2 teenagers and I'm a teacher.
@@saraareed5477 You don’t teach English. Lol
@@genxx2724 I forgot the word I'm.
You could invest in stocks, start a side business, or focus on advancing your career. It's important to set goals and make a plan. Remember, wealth can mean different things to different people, One thing i can say that helped me in life to reach my first million was starting early, i got curious and informed i became open to passive income, investments in equities , etfs and the likes. also sought help to handle my portfolio which was my foundation. i'm ever grateful to Anna Rounds Fay my FA.
That’s some good values. sounds like you have something going for you
She appears to be well-educated and well-read. I did a search on her name and came across her web, thank you for sharing
Did a search and found her webpage. I must say her resume is pretty impressive. will be writing her
Daaaaaaave!
He showed me the way and turned our little family’s life around in two years.
Now we are talking semi retirement in 4 years with zero debt and being millionaires.
Thank you
Dave, I first started listening to you in the cab of my tractor as i mowed highway road ditches for my county the summer of my year 18, and I am 35 now. I have no debt, except the house, paid off 2 college degrees, a car, and other small tabs, and live on less than we make which is under 80k and 2 kids. Thanks for your philosophy.
Love the simplicity of Dave’s message. I am well and truly in the last baby steps but hearing his message reminds me time and again of why I am doing this which keeps me going on this path!
I want to get out of debt so we can purchase our dream homestead ❤️ It’s a huge dream that pulls me through!
Look up Andrew Wommack's A Better Way To Pray and Within Heaven's Gates by Rebecca Springer 😇 Gifts.
The fact that Dave accomplished what he did and he’s on set with his daughter on her show it’s proof that the plan works if you’re willing to do it.
I an a RN working on my second million almost there. No one special and not as smart as others. I won’t ever be rich but I can retire well.
I am on my way to become an RN as well. When did you start your career and what sacrifices have you done to get to where you at?
@@chocovanille5809 i went to a private school and took out loans which I have paid so that was a a sacrifice but totally worth it. Second, take care of your back. Keeps your abs strong. I didn’t do it and my back is ok but for over 10 years hurt daily. Pick a specialty you love that you see your self doing for 20 years. Pick a place where even if you don’t get a pension but has a a great 401k or similar benefit start saving right away in a Roth if available. I work for the VA and am a Marine so all my years have helped me retire comfortably. I became a RN at 34 and best decision I made but worked in healthcare for over 25 years. Wished I had done it earlier in life.
@@wdeemarwdeemar8739 thank you! I appreciate you!!
@@chocovanille580933 year old RN almost millionaire here. If you are single (not raising a family) you should come to the Bay Area for at least a little bit. Work overtime and make over 200k/year.
Yes!!! This is my reason that keeps me pushing forward… to be able to be generous and give back to others!! 💗
I love this man!! He always gets my mindset back on track!!
This is great. I'm on Baby Step 1. I've struggled getting out of debt because I've been stuck in that mindset of this is too hard. Having this to look forward to is inspiring. Even if I only make it $500k, that is way more than I would have by quitting. Gazelle Intense!!
Remind yourself every single day that you can do this because you can!
We just got out of $80k debt a couple weeks ago! With 3 little kids and under $60k/year income. You can do it!
@@NariMihan thank you!
Comments like this gives me hope!
@@m.a.4630 Same here!! So wonderful...am so inspired by all of you!
I'm on 2 and here to tell you you can do it. Paid off student debt. Looking to pay off my loan and the car this year. Leaving ONLY the house. Hoping to pay my house off in 4 years.
I am a teacher in Arkansas and have been for 13 years. We are very low payed as far as teachers go. My husband is a firefighter and makes a medium income. We have no debt, I was able to take time off when our kids were born, and only owe 40k on our house. Hoping to pay it off by the time I'm 40. I think teachers are millionares bc they HAVE to learn frugality BECAUSE they don't make much. So its a lifestyle and mindset that automatically lends itself to saving.
I agree. I’m also a teacher.
Congrats on how well you are doing. 👏🏼 👏🏼 👏🏼
Me too, I’m also a teacher. It helps that you get paid the same every single month and nothing changes. This makes routine/habit & helps to build wealth gradually.. it’s a slow process but it works.
This is one of the best interviews I’ve heard from him. Thank y’all
I love this! We’re on steps 4-5-6. The baby steps work! My favorite part of this journey is raising money smart and un-entitled humans who have vowed never to have debt. Ramsey and FPU changed our family tree! I’ve starting writing about this journey. It’s been life changing! Thank you Rachel for continuing to share!
Really enjoyed the transparency, it helped me feel sane in my business and TH-cam channel so appreciate it! Keep up the good work Instant profit😄
We paid off our credit card debt and ran them back up. I'm slamming our credit card debt a different way. Whatever we charged we budget in to pay them off. When we pay this last one off, it's over. Our mortgage is almost gone as well. Then we are free. It's so close I can taste it. Thank you, Dave. We should be millionaires next year.
You are correct Dave. I knew and I believed from the very young age that I will be a multimillionaire. Gratitude and act of kindness is just part of my life.
Thanks so much for your videos! I knew little about debt, though I have an insane amount of it in the form of student loans, but today, I paid off a loan! It’s a small one, but it felt great snd it’s a step in the right direction. Thank you!
You got this!😀
You can do it
Congratulations! One step at a time, no matter the size is still a step.
Thank you guys so much! ☺️☺️
You go!!
Thank you Dave Ramsey for all your knowledge and help.
Dave Ramsey is a voice of reason and hope. Glad to see he helped raise a family of people with the same values and beliefs… there is hope for the future.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
Strategic investment is critical. My ideal investment is a diverse combination of stocks, bonds, and ETFs. It provides an excellent long-term return and has performed admirably thus far, but I needed to diversify my portfolio at some point, so I approached a coach who devised a system that aligned with my targets; so far, I've made a whopping $580k, and scaling my portfolio to a million by the end of the year does not seem too far-fetched to me.
please who is this consultant?
laurelyn gross pohlmeier is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
S&P 500 index funds beat my mix of stocks for the last 2 years +10% average!
Yes!!! Amen!! Thank you 🙏 I needed this reminder today so so much!!! Yes!!!
Amen Dave! My wife and I are 3/4 of the way to Baby Step Millionaire's. This is not including our pensions. I am a teacher and she works for the county. We followed the steps and now are on Baby Step 6. I truly believe anyone can achieve Baby Step Millionaire status with hard work and commitment!
Inspiring comment! *you need to see my ➡PROFILE ➡ABOUT, if you want to be proud of yourself more, you need to see a new LIFE CHANGING and a very motivated Info I shared, you will love it and thank me later.*
Great talk!!! Very encouraging on baby step 2.
Thank you for having your Dad do this show Rachel. I have been listening to your Dad since his days with Roy Lee Matlock on WTN Nashville.
I'm just about to turn 33 and in a few weeks we will be paying off our mortgage. We took FPU at 23 and soon our lives will change.
Great video! Always love a father/daughter team. Rachel, your skin is glowing and foundation is PERFECT?! What is your secret?
My wife and I followed your plan before I found you in the last month or so. You are absolutely correct. We are retiring on more money than our income, growing capital and having fun helping friends and favorite charities. You can't beat 15% of income
compounded for 30-40 years. I am glad people are listening to you and following the plan.
Dave iam on step 7 saving now 30% with a 130k income. 300k now in stock/m-funds. House paid off worth 350k. Pension 3387.00 a month. When I retire in four years. I crawled before I walked a walk before I ran this does work and thank you so much
This is truly life changing and inspirational keep shining Instant profit
I've started reading mine.Chapter 2 here I come!!!
Thanks Rachel, keep shining The Light! I'm a millionaire with a mental illness apparently, bi polar etc. I'm 53 my net worth is $1.2 million I think I've been misdiagnosed !
0R U WERE ABLE T0 make M0NEY DURING THE MANIC PHASES L0L
My minimum in step 1 was 10k. Just putting tires on the truck is 1400.(yes its paid off over a decade and a half ago.) No debt except the house which is now my #1 goal.
Thank you so much for this video, Instant profit truly helps creators and anyone looking to get paid in this economy. Transparency = education 👏🏻
Super inspiring as always! I remember watching last year and thinking it would be hard to beat but how wrong was I! The sky is the limit cuz Instant profit helped me🤩
This is so inspiring! I can’t wait to read the new book.
It's not how much you make, it's what you do with it. Taking note of who you spend your time with. Believing that you can become a millionaire. Thanks again.
Yes, you do become who you spend time with!!
This is a great video. I’m on baby step 3 at the moment, I paid off the second half of my student loan ($30,084.94) in 23 months since January 2020. Dave Ramsay’s Baby steps have helped me to achieve this and have the belief and determination I needed to see it through. I just want to thank you from the bottom of my heart for the work you all do, God bless ☺️☺️☺️
Very inspiring. It can be done! Congratulations on getting out of debt.
Rachel and Dave----PREACH IT! Praise the Lord, that we found you 20 years ago as we did it because of God's grace, mercy and your guidance. Rachel and Dave---changing lives across this great nation
Great stuff yea it’s not the easiest steps overall but once you stay focused on building and doing it a sense of worry leaves you because you’re going somewhere.
Watching from Somalia - this is awesome
wow!!!! greetings from Germany ! I am 21 Years old and "only" 28000€ in debts because I tried to help my family... parents unfortunately were not a good teacher when it comes to finances. they showed how to make debts but not how to pay them back effectively. I have a good job and earn 2000€ a month but barely have 1 cent to live in month. this channel Completely changed my mindset. And you know what? I pretty sure now that I will be a millionaire in no longer than 5 Years. I already have a plan how to pay off the debts a fast as I can and how I will invest more than 50% of my income. Thank you
Thank you so much for sharing this amazing Video… I’m 29 years old… Love your Video, I want to learn more about saving and investing…
I love this! So inspiring!! We are a police officer and counselor - helping the community is our calling. Living with abundance is our goal. Love your saying - to be able to be ridiculously generous!! 👍😄🙏❤️
Your steps works! Dave is such a positive inspiration!!
I fully agree with Dave. I am a software engineer from Bangalore, India and I am a US$ millionaire. I followed a rule of never ever taking any kind of Debt in my life. I bought my first house in 100% cash down. My savings rate from my 1st day of starting job was 20% which kept increasing each year as my salary kept increasing and now from last 7.5 qyears it's been 70% savings rate. I reached to millionaire status in 18 years of my working career. I don't understand why most Americans can't become millionaire despite of earning such a high salary as compared to Indians working in India. Increase the savings rate to 50%-70% and you will become millionaire so fast.
Living in America is expensive.
@@marthaayalew2505 Living anywhere is expensive if you compare income with respect to that country. The key is to reverse compute how much you can spend after removing the savings money first from your income. Once this number available for spending is computed then plan for how much is available for housing, food, transportation. If number is small then one will have to junk the idea of staying in bigger , expensive housing. What one can afford can afford. Affordability number can only be computed after removing savings from the monthly income.
Cool bhai hope to do as you did
You can’t do this in Australia. Rent is too expensive and we have a housing crisis atm which makes accomodation super expensive.
tell you what i have listened but not paid attention to these baby steps for a long time because i wanted a way to get out of debt without the hard work. Now i get it. i need to put in the work. I work for myself to get myself away from debt. I'm doing this for me. I am the only one who can do it. I need to follow the steps religiously as if I am saving someone's life. True that someone is me.. Thankyou
Every bit you are able to put towards the principle helps out in the long run. You'll be surprised how quickly it adds up.
I feel like there could be a whole book on Baby Step 3 alone. It can be less exciting or motivating than getting out of debt and when you finally reach Baby Steps 4, 5 and 6, sometimes, because of emergencies, you find yourself back in Baby Step 3. An encouraging and supportive book on that step would be awesome!
You are not really "back" in baby step 3, you just replenish your emergency fund while working steps 4-6 or 7, depending on where you are.
Finding it difficult to save for BS3! Always dipping into it for emergencies, real emergencies. Always feel like I’m going forward a step and back two. Very frustrating! These videos are encouraging & knowing I am not alone in this journey helps.
Never stop dreaming. Be hungry and never stop believing in your dreams. If someone can do it, then you too can do it. Be strong
PEP TALKS D0NT W0RK WE NEED M0NEY!
My carrot was actually to get out of debt. Absolutely HATE payments. These steps work! We are now paying off our house!
Thank you, Rachel & Dave I believe can be done because I being follow your principle since day one I want to be wealthy so I can help others God Will🙌🙌🙌❤️❤️💪🏿💪🏿
This video makes DAVE RAMSEY make sense to me now!
This video is gold!!!!! 🙌🏽🙌🏽🙌🏽🙌🏽
Thank you for sharing and being so transparent. For someone like myself who is doing pretty well on TH-cam and looking to take it further this is VERY motivating. To know that possibly in the next couple of years depending on how I run my business I could be possibly pulling numbers like this is just mind-blowing. Instant profit help keep me on the grind. Happy New Year!!
Wow. I'm not a $60G income. A little over half that. Not 30yrs either. Older. Still almost out of debt. Thanks Ramsey.
Great video thankyou both for wonderful advice.
I love the last step: Be generous!! ❤
Dave, you are so right!! People need to hear tough love sometimes!
Very interesting information about the process driven careers being the usual millionaire. Also, mentoring by someone who knows is so good for anyone.
Dave changed my life. Thank you sir!
Wow there is a new book !? Really gonna go get it right now !
I look forward to the day I can meet Dave and Rachel.
I don't necessarily want to be wealthy. I want a paid off house(I'm close), a decent retirement fund and good health. My expenses have always been low. Being debt free, except the house, feels real good thus far.
I'm working towards having my house paid off early. Years earlier than what the mortgage company has me paying it off!
@@cynthiaclark4990 They surely won't be happy about that, but oh well. 😂
Struggling with BS3. Keep having to use it!! Fighting hard to stay focused. These videos help to keep me on track. Don’t feel so alone when I know others are doing it too.
You can do it! I watched these videos every single day until we got passed step 3
Dave and Rachel, Thank you
"go do it anyway..." I love that
Dave Ramsey thank you 🙏!!!
We’re all about to be millionaires if this inflation goes Zimbabwe.
Excellent content!
👌
I saw Dave on Fox yesterday and bought 2 of the books, one for each of my kids.
Thats great.
Love This!
Baby step 7, on my way to 1m. Thanks Dave