@LouisDuran It's an attitude like this that will keep your poor. While it would of course help to have bought any of the big ones on the ground floor, time + consistence is the "Secret!" $150/month for 40 years makes you a Millionaire! Imagine what doubling that or multiplying it by a factor of 10 would produce!
So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousand$ 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!
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.
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.
@@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!
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!
I am 61. Live in California 🤔. Have 6 kids and a sick husband who never could keep a job. He passed away at 49 years old. All my life I worked as a caregiver mostly for my needy family and for outside people as needed. I started working with $4.75 in late 80s and I am payed $18.50 now/ in 2024. Didn’t know about Ramsey till recently but with God’s help,being frugal and not making wrong decisions with the money that God entrusted me, I managed to pay all my debts except the mortgage which is only $50,000. more and I will be free of debt. Not mentioning that attached to my house I have a rental already bringing me income and I’m working on the second apartment on the same property. So what I’m saying NO MATTER HOW MUCH YOU MAKE, MATTERS HOW MUCH YOU SAVE. And how you make use of the money God entrusted you with.
💯 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!
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!
@@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!
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
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.
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
@@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.
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!
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.
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
Rachel Sarah Parrish 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.
My dad has always been smart with money, he payed off the house in 5years, he got a truck for 15k and payed it off in 3months. My dad and Dave Ramsey have inspired me to be real smart with my money. I am 18 I have managed to save 8k in almost a year of working and saving. Thanks to God that he helped me have self control. At times it gets to me wanting a new car, but I tell myself I won’t have my house by 25 if I get a car😂
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! 🙏
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 was a saver, breed in me from my parents. My wife and I are mid 50's. Our net worth is $3M. I was listening to Dave on the radio in 2008 during stock market crash. He told everyone to not sell stocks as they were falling. One of the hardest lessons to learn in wealth building. I invested 15% of my paycheck in a 401K for 30 years, in the S&P, and never once sold or moved $, thanks to Dave. Thats how we became millionaires.
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
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 😊
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.
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!
After 12 years of teaching, I’m almost a millionaire in my late thirties with a paid off home, cars, and no debt. Followed the baby steps and it was slow and steady, but worked for us. Now, I stay home and support my kids and husband at home, involved in church, and have my own business. If I can do it, you can.
You, and you dad and your whole tribe has COMPLETELY changed my life. I've read all your guys books more than once. And I've changed my life and am almost finished with Baby Step 1 and SUPER excited to start Baby Step 2. Everything I've learned I apply to my life and my channel. Thanks alot for all the life changing info. One day I'll be doing my debt free scream!!!
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!
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
I live in a house with 2 other people and im the only income. Thanks to Dave, i am learning how to save on a very tight budget. Right now i am on baby step 1 and gift cards have helped me save even more.
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 ☺️☺️☺️
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.
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.
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.
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.
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.
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!!
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'm a 52-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
Jennifer Leigh Hickman 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.
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.
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
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.
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!!
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.
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
@@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.
@@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.
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 !
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!
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!
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
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.*
Simple they dont want to follow about savings because they are hardheaded spenders. Ive learn so much about baby steps and continue saving !!! Thanks to Dave Ramsey
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
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.
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
I’m a single mom of three( two not living at home now). I started my own cleaning business about 8 years ago and became debt free in January of 2019. I have 6 months of income saved and now I’m moving onto investing. I have been following Dave’s advice and I can speak with 100% certainty that the baby steps work!
I arrived here(UK) when I was 26 years old as a refugee with no English and on my own. I'm 50 now and a millionaire through working as a civil engineer and investing in properties. luck and strong determination is extremely important as well. Peace and love ❤
My Brother in Lord Jesus Christ! You are such an inspiring spirit filled warrior! I feel your enthusiasm! God Bless You Mr. Ramsey for your Godly Ministry helping the world learn that PROSPERITY IS ALIVE AND WELL!
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.
Too many people concentrate on income while ignoring their expenses. They think they have to make more money to get wealthy, but the reality is if they made more money most of those people would still be broke. Creating a budget and following it is a must. Eliminate unnecessary expenses and invest.
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!
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.
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.
My husband and I made no more than $80,000. tops, for a couple of years, we are frugal, bought kids their first car, paid for their college and gave them a down payment on their houses. We are proud to say we are everyday millionaires :=)
80k is not low salary here its awesome most you guys in comments forget you live in the richest richest country in planet earth. You no idea .most you all millionaires time you born
I fully agree with Dave. I am a software engineer from Bangalore, India and I am a US$ 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.
@@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.
Greetings from Portugal....you Help me unbelievable much....your system ist great....i'm very interested in...what Happen in Future....yes anyone can do it 🙏🙏🙏.....❤❤❤....
I wanted to be debt free before I proposed to my (now) wife. I told her as much Did everything I could to accelerate the process and did it 6 month earlier than she thought (because I was working overtime and taking extra jobs). It was a terrific motivator. I didn't do it for me, or her.. but for us and our future.
Agreed Rachel BS1 should be one month’s worth of four walls. 😆 $3K is always the amount that gets me so I saved $3K for BS1. I saved $1K then saved 5% of my pay as an emergency fund sinking fund. Sorry Dave, it’s my sleep at night factor. 😅 Love you guys and have people signing up for every dollar from work and fb.
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🤩
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!! 👍😄🙏❤️
My grandfather was a janitor and retired a millionaire. Being smart with your money is key!
And buying Apple stock in 1985 was a key component of his success!
@LouisDuran
It's an attitude like this that will keep your poor.
While it would of course help to have bought any of the big ones on the ground floor, time + consistence is the "Secret!"
$150/month for 40 years makes you a Millionaire!
Imagine what doubling that or multiplying it by a factor of 10 would produce!
@@METVWETV except ... you may not have considered ... I'm not poor. genius. 🤡🤡
You grandfather was living in a booming economy where janitors could buy houses from their salary. It was easy back then.
I’m a janitor depending on what area of maintenance we are still in a booming era
So much knowledge! Absolutely free! I was never taught anything about money, I am praying and working to change that. I am 46 no retirement no savings because I made a lot of mistakes when I started investing, trying to correct that now. Already have a few thousand$ 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!
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?
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!
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!!
Almost 40 and halfway to becoming a millionaire. On baby step 7. Thank you, Dave Ramsey!
I am 61. Live in California 🤔. Have 6 kids and a sick husband who never could keep a job. He passed away at 49 years old. All my life I worked as a caregiver mostly for my needy family and for outside people as needed. I started working with $4.75 in late 80s and I am payed $18.50 now/ in 2024. Didn’t know about Ramsey till recently but with God’s help,being frugal and not making wrong decisions with the money that God entrusted me, I managed to pay all my debts except the mortgage which is only $50,000. more and I will be free of debt. Not mentioning that attached to my house I have a rental already bringing me income and I’m working on the second apartment on the same property. So what I’m saying NO MATTER HOW MUCH YOU MAKE, MATTERS HOW MUCH YOU SAVE. And how you make use of the money God entrusted you with.
Keep at it. You past has forged you for this.
Your a strong woman
Woow great testimony. We need to prioritize and work on it.
WOW!!!, WOW!!!, WOW!!!, God is good. Thank you for sharing. Wow.
💯 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!
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
Muy bien !!!!
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!
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.
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.
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!
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
My advice to everyone is this : if you want to grow big this year especially in your finances. Be willing to make investments. Saving is great but investing puts you on a pedestal where you wouldnt have to worry about savings as you do now. Thanks to my FA, my portolio is doing really great and im proud of the decisions i made last year.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
Rachel Sarah Parrish 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 pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
Teachers can become millionaires! I’m one. The baby steps work. Thanks Dave.
We sure can!!!
Awesome!!
how much was from home equity??
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.
My dad has always been smart with money, he payed off the house in 5years, he got a truck for 15k and payed it off in 3months. My dad and Dave Ramsey have inspired me to be real smart with my money. I am 18 I have managed to save 8k in almost a year of working and saving. Thanks to God that he helped me have self control. At times it gets to me wanting a new car, but I tell myself I won’t have my house by 25 if I get a car😂
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! 🙏
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.
How do you know what company to invest in..
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!
I was a saver, breed in me from my parents. My wife and I are mid 50's. Our net worth is $3M. I was listening to Dave on the radio in 2008 during stock market crash. He told everyone to not sell stocks as they were falling. One of the hardest lessons to learn in wealth building. I invested 15% of my paycheck in a 401K for 30 years, in the S&P, and never once sold or moved $, thanks to Dave. Thats how we became millionaires.
I love the last step: Be generous!! ❤
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
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 😊
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.
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!
After 12 years of teaching, I’m almost a millionaire in my late thirties with a paid off home, cars, and no debt. Followed the baby steps and it was slow and steady, but worked for us. Now, I stay home and support my kids and husband at home, involved in church, and have my own business. If I can do it, you can.
Where can I invest or what did you do. I am a teacher as well.
I want to get out of debt so we can purchase our dream homestead ❤️ It’s a huge dream that pulls me through!
You, and you dad and your whole tribe has COMPLETELY changed my life. I've read all your guys books more than once. And I've changed my life and am almost finished with Baby Step 1 and SUPER excited to start Baby Step 2. Everything I've learned I apply to my life and my channel. Thanks alot for all the life changing info. One day I'll be doing my debt free scream!!!
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!
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
I live in a house with 2 other people and im the only income. Thanks to Dave, i am learning how to save on a very tight budget. Right now i am on baby step 1 and gift cards have helped me save even more.
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.
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.
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.
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.
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.
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'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.
Love hearing who have been the most likely to be millionaires. sheds light on the fact that anyone can achieve this goal...
I'm a 52-year-old QA Specialist at Confluera, with an annual income of $150,000. Although I do have a retirement account, I'm keen on exploring short-term investment opportunities as I prepare to shift to part-time work in the near future. What would be the most suitable strategy to achieve my goals?
It's crucial to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023
This is definitely considerable! think you could suggest any professional/advisors I can connect with? I'm in dire need of proper portfolio allocation
She goes by *Jennifer Leigh Hickman* . I choose to delegate my excesses to her because of her great expertise. I suggest you look her up.
Jennifer Leigh Hickman 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.
Yes!!! This is my reason that keeps me pushing forward… to be able to be generous and give back to others!! 💗
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.
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
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.
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 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.
@@michaelhan4400 doesn’t matter with all of the taxes you have to pay. Probably take home pay of around 130k
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
I am Debt free in 14 months following 7 baby Steps. Love from India 💕
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!
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!!
Discipline, mindset, motivation, and people you associate with seems to be the consensus
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.
Opportunities to boost revenues quickly may exist in the current market, yet successful implementation requires a depth of experience.
That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this coach?
I just Googled her name and her website came up right away. It looks interesting so far. I sent her an email and i hope she responds soon.
Put that money in a high growth S&P 500 mutual fund!!! In 10 years, you will be astonished by the outcome....
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.*
Yes, you do become who you spend time with!!
Simple they dont want to follow about savings because they are hardheaded spenders.
Ive learn so much about baby steps and continue saving !!!
Thanks to Dave Ramsey
Thank you Dave Ramsey! You give me hope!
I love this man!! He always gets my mindset back on track!!
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
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.
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.
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
I’m a single mom of three( two not living at home now). I started my own cleaning business about 8 years ago and became debt free in January of 2019. I have 6 months of income saved and now I’m moving onto investing. I have been following Dave’s advice and I can speak with 100% certainty that the baby steps work!
I arrived here(UK) when I was 26 years old as a refugee with no English and on my own. I'm 50 now and a millionaire through working as a civil engineer and investing in properties. luck and strong determination is extremely important as well. Peace and love ❤
My Brother in Lord Jesus Christ!
You are such an inspiring spirit filled warrior! I feel your enthusiasm!
God Bless You Mr. Ramsey for your Godly Ministry helping the world learn that PROSPERITY IS ALIVE AND WELL!
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.
Too many people concentrate on income while ignoring their expenses. They think they have to make more money to get wealthy, but the reality is if they made more money most of those people would still be broke. Creating a budget and following it is a must. Eliminate unnecessary expenses and invest.
This video makes DAVE RAMSEY make sense to me now!
I've started reading mine.Chapter 2 here I come!!!
Thank you Dave Ramsey for all your knowledge and help.
Wow. I'm not a $60G income. A little over half that. Not 30yrs either. Older. Still almost out of debt. Thanks Ramsey.
My carrot was actually to get out of debt. Absolutely HATE payments. These steps work! We are now paying off our house!
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.
I agree and I'm an FPU grad.
You are an angel of God Dave and Rachel. Thanks for the clear voice.
This video is gold!!!!! 🙌🏽🙌🏽🙌🏽🙌🏽
This is truly life changing and inspirational keep shining Instant profit
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
My husband and I made no more than $80,000. tops, for a couple of years, we are frugal, bought kids their first car, paid for their college and gave them a down payment on their houses. We are proud to say we are everyday millionaires :=)
Very inspriring. I’m 47years old & on BS3 (also paying off mortgage). Can’t wait to have this step complete!!
80k is not low salary here its awesome most you guys in comments forget you live in the richest richest country in planet earth. You no idea .most you all millionaires time you born
Amazing! Any tips?
I fully agree with Dave. I am a software engineer from Bangalore, India and I am a US$ 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.
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!
From France, always a pleasure to hear you out!
Watching from Somalia - this is awesome
This is one of the best interviews I’ve heard from him. Thank y’all
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😄
Great Job!
Greetings from Portugal....you Help me unbelievable much....your system ist great....i'm very interested in...what Happen in Future....yes anyone can do it 🙏🙏🙏.....❤❤❤....
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.
God bless you Dave
I wanted to be debt free before I proposed to my (now) wife. I told her as much Did everything I could to accelerate the process and did it 6 month earlier than she thought (because I was working overtime and taking extra jobs). It was a terrific motivator. I didn't do it for me, or her.. but for us and our future.
Agreed Rachel BS1 should be one month’s worth of four walls. 😆 $3K is always the amount that gets me so I saved $3K for BS1. I saved $1K then saved 5% of my pay as an emergency fund sinking fund. Sorry Dave, it’s my sleep at night factor. 😅 Love you guys and have people signing up for every dollar from work and fb.
Great video thankyou both for wonderful advice.
I've heard nothing but excellent reviews on Amazon! Can't wait to get the book! Thanks again Dave and Rachel!
Thank you so much for this video, Instant profit truly helps creators and anyone looking to get paid in this economy. Transparency = education 👏🏻
Your steps works! Dave is such a positive inspiration!!
We’re all about to be millionaires if this inflation goes Zimbabwe.
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🤩
Dave, you are so right!! People need to hear tough love sometimes!
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!! 👍😄🙏❤️
Dave changed my life. Thank you sir!