Investment is currently the most lucrative business in the world. Both real estate, Stock, and Cryptocurrencies are positively changing people's lives.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Making touch with financial advisors like Elizabeth Regina Nelson who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times
I came across your channel through this video- case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.
I'm a newbie talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 10Ok to test the waters now that large cap stocks are at a discount
People will get tired of watching the same stuff and much of this will be outgrown. The biggest influencers tend to have young followers and do clothing hauls and other stupid stuff. Ad revenue may go down too.
@Metalmanparts but he's not in a typical job, there's jobs like a pro football player where you're lucky to last four years. While, other jobs will happily keep you on twenty-five years or as long as you can if you want.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Just because you have a strong income doesn't mean that you know how to manage it. Proverbs 15:22 "Plans fail for lack of counsel, but with many advisers they succeed."
@@mhodge0890 No man, it would not be set. I know because I am making that amount of money. You will have your new goals to reach when you make that kind of money. But's fun.
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
I agree there's still huge opportunities for newbies in crypto market I just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I'm so glad someone called in and asked a question like this because considering when I consider where I want things to go with my art in the future I've had a very similar question.
Isn't it interesting how billionaires often brainwash people into believing that chasing money isn't the path to happiness? The truth is, while money itself might not bring happiness, it does provide security and freedom. These billionaires are securing wealth for future generations, and one thing they all have in common is that they're investors. It's crucial for people to take their financial literacy seriously and consider investing in the stock market. It really can work for you and help you build the financial future you deserve.
Hi, I’m calling because I’ve got The Rock’s body and young Brad Pitt’s face and all the chicks on the street keep flirting with me, what can I do to feel more secure? 😢
Their entire existence is about bragging. Notice how he shared his number of followers straight out of the gate. That's the measuring tool used for a nonsensical valuation system based upon thin air that marketers could drop in a heartbeat.
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 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.
My advisor is “ Sophia Maurine Lanting’ highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I am going to look her up right away on web, I have about $220k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
This guy doesn't have a financial problem; he has a fear problem. They could recommend he saves two years work of expenses, but that's not going to get rid of the insecurities he has. He needs to talk to a therapist and a financial planner.
I am at the beginning of my "investment journey," planning to put 285K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any good recommendations on great-performing stocks will be appreciated.
As a newbie investor, it's essential for you to have a mentor to keep you accountable. Caroline Suzan Olson is my trade analyst. She has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trade decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a million. I'm especially grateful to adviser Caroline Suzan Olson for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Caroline Suzan Olson is a trader who goes above and beyond. She has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
How would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Investing and saving a 1 year emergency fund would help with stability. After that setting a budget and diversifying your income , like what was mentioned, create a product, shirts, stickers, something.
Hard to say because you get paid on views, not subs....but decent ad revenue rates are $3 per 1000 views. Meaning if he averaged 1/2 million views on 100 videos in a year, top line is 200K before agent fees. And the rest is sponsorship. Apples to apples but...Look at this channel we're on. 3.5 million subs but videos rarely cross 100K views.
it takes time to trust your sales business. For the first several good years, it feels like you just got lucky and that the luck will obviously run out at some point. That's what he's dealing with for sure. Been there.
Clearly this guy is looking for a plug through Ramsey. He was hoping they would ask him what he does and whats his channel. Cmon bro they not gonna fall for it.
I Met Mrs Cathie Wood last year for the first time at a seminar program, where she greeted a friend of mine also a member, and fortunately for me, we exchanged contact and got along. What God cannot do, doesn't exist" I truly believe this word 100 percent❤❤❤
It's because deep down these high end influencers know that they aren't producing anything real but quick promos and the end of the party could be tomorrow.
You're an online creator. All you need is a laptop, a camera, a microphone, a table, and a fancy backdrop. If you can't sock away 80% of your income then you are not trying.
High reward means high risk. The benefit of a W2 job is you know exactly what your paycheck is going to be. Being an “entrepreneur” on TH-cam means you don’t know what your next paycheck is going to be, whether that be positive or negative. Only way to secure yourself is to pay down debt/put money into guaranteed returns, but those returns are going to be relatively low.
Saving and investing is key. Both in retirement and after-tax accounts. The advice on the Solo 401(k) is spot on. Do a Mega Backdoor Roth Solo 401(k) and put $69,000 in it for 2024 ($23K in tax-deferred and $46K in after-tax with Roth conversion). On top of that, you need to have a much larger emergency fund (a full year of expenses) to use as a buffer for the low earning months, and the potential for a complete shift in your business model.
He said grossing. TH-cam only pays 45% of the ad money. And he's making 40% from them. He's only make 72k from them. After taxes, that is only 57k. So after that, and sponsors', he's only net's 200k, about.
Well at the end of the day nothing feels stable or sustainable. We come to a point that it’s time to adjust our lifestyles but we know we could regress at any moment. Maybe adjusting to poverty is the only way to feel secure in this day and age. Act like you are poor even when you have tons of cash.
Youre not Blessed, i hate it when people say this, its such bullcrap. You are LUCKY you are NOT blessed. God said its easier for a camel to pass through the eye of a needle than a rich man. God doesnt care what your bank balance is!!!! He cares how you live youre life
I know a super successful TH-camr, he had a family, quit TH-cam for a couple months, came back, works in construction now and does TH-cam as a side gig for extra income. Your life doesn’t all have to be strictly online, you can work in the real world and also contribute to the online world. I plan on doing the same. In highschool I also had a teacher whose husband is a VERY successful TH-cam artist but he used to work in accounting when he started before he went full time with TH-cam and other platforms.
I can see why he feels insecure. Seriously most TH-camrs can’t keep up this income stream in 3 years. And if all he knows to do is to live streaming, when his channel isn’t popular anymore, it’s hard for him to get back to the real world to get a real job, and sure, that real job definitely won’t pay him $300K per year. So it’s good for him to think ahead rather than sitting on $300K thinking that will go on forever.
I get his concern actually. TH-cam isnt easy. You always have to be on and making new content or your channel starts drying up. So no his income is definitely not secure.
If I was him earning an average of around 30k and only needs 5k per month to pay everything and be comfortable, I'd save and invest everything about 10k until being independently financially wealthy and not needing an income to generate that 10k by itself and once he's there, it's just fun to think what to do with the money then but could help so many and still have a ball.
First, $300k gross isn't the same as making $300k as a salary. I'm sure he has people to pay and other overhead. Anyhoo, making his money on social media, he should feel insecure unless he is investing well...which should be his focus. Someday, maybe soon, maybe not, no one will care about him.
So what's stopping this guy from getting a regular job since he's complaining about not having a set salary? He called to brag on this show despite him claiming to have 5M followers on social media. Even that insane number of followers isn't providing him enough attention he craves
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 40% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??
Obviously they screen them because they want to keep out those unhinged morons that can barely put a coherent thought together that make up 90% of the American population.
The way out of this is to save big while the big money is flowing in. If he can get another 5 years out of this deal, he should have a million in the bank, maybe even $1.5. At that point, all you need is enough income to pay the bills and just let the invested money go to work for you over time (and time you have at 24 years old). Plus, anyone who figures out how to have that level of income at 24 is going to be able to come up with other ideas, and most likely better ones. No need to worry here.
![[LIVE] : ONE ลุมพินี 88 | คู่เอก "ป้อมเพชร vs อัสลามจอน"](http://i.ytimg.com/vi/1ZqTVVbMgbo/mqdefault.jpg)
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Investment is currently the most lucrative business in the world. Both real estate, Stock, and Cryptocurrencies are positively changing people's lives.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Making touch with financial advisors like Elizabeth Regina Nelson who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times
People are ignorant of profitablity in bitcoin investment and that has been the major issues limiting their expectations
I came across your channel through this video-
case studies are incredibly valuable, and I'm eager
to see more in the future! Building wealth involves
establishing routines, like consistently setting aside
funds at regular intervals for smart investments.
You're correct. I think the smartest way to go is
to spread out your investments. By putting
your money into different asset classes like
bonds, real estate, and stocks from other
countries, you can lower the risk if one part of
the market goes bad.
That sounds like a good plan. In the past two
years, working closely with a financial market
specialist, I've built a six-figure diversified
stock portfolio. Now, I aim to diversify even
more this year.
I'm a newbie talking about a financial market specialist, do
you consider anyone worthy of
recommendations? I have about 10Ok to test
the waters now that large cap stocks are at a
discount
Mrs Martha Ann Hammerton was my hope during the
'bear summer last year . I did so many
mistakes but also learned so much from it
It's a legitimate concern. He doesn't know if it's going to dry up at any time.
Correct, I have seen many big channels just fall out of the algorithm for one reason or another
People will get tired of watching the same stuff and much of this will be outgrown. The biggest influencers tend to have young followers and do clothing hauls and other stupid stuff. Ad revenue may go down too.
So it's just like any other job.
@Metalmanparts but he's not in a typical job, there's jobs like a pro football player where you're lucky to last four years.
While, other jobs will happily keep you on twenty-five years or as long as you can if you want.
Oh please.
Have you tried saving money?
He tried only flexing money
@ 😂😂😂
😂😂😂
😂😂
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
We have learnt in investing journey that you can't control the market but you have the power to control your actions in the market
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to over $750k.
That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?
'Rebecca Nassar Dunne’ is the manager I use. Just research the name. You'd find necessary details to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
Just because you have a strong income doesn't mean that you know how to manage it.
Proverbs 15:22
"Plans fail for lack of counsel,
but with many advisers they
succeed."
Nobody likes random Bible verses
@@HOLDXSTEEL It's not random, it's relevant to financial management, and I like it.
@ 🤮🤮🤮🤮🤮
@@HOLDXSTEELyou do know Dave Ramsey built his company on Christianity. His books have Bible quotes all throughout them.
@@HOLDXSTEEL I also appreciate the verse. God is great🙏
lord i wish I made 300-400k a year
Life would be set
@@mhodge0890 No man, it would not be set. I know because I am making that amount of money. You will have your new goals to reach when you make that kind of money. But's fun.
Well, only for a couple years. So it’s legit for him to feel insecure
The caller is addicted to attention. Woe is me loser. Next call, please.
Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are your strategies?
Venturing into Crypto is a good idea, a good trading system would put you through many days of success.
I agree there's still huge opportunities for newbies in crypto market I just reached my goal of $500k monthly trade earnings. Setting realistic goals is an essential part of trading
I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
As a beginner investor, it's essential for you to have a mentor to keep you accountable. Gillian Sara sheeran is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I would really love to know how much work you did put in to get to this stage.
Good, Where and how did you earn that much
All thanks to *VICTORIA JORGE*
She is the lady that changed my life for good
Yes!!! That's exactly her name Victoria Jorge I've seen so many people talking about her....and am just starting with her from Ontario Canada 🇨🇦
Dude is just calling to brag.
I don’t usually get on the bandwagon of “this is a stupid call” as everyone needs help in some capacity. But this is a stupid call. 🤣
Graham Stephan stop calling Dave about your financial issues
💀💀💀
😂
Graham is making millions, not $300k.
@@maintainingcenter 🤣
😂😂
My gross income in 2023 was $700,000.00. My actual net worth is in 8 figures. I still feel insecure!!!
Are you hiring? 😊
I'm so glad someone called in and asked a question like this because considering when I consider where I want things to go with my art in the future I've had a very similar question.
Isn't it interesting how billionaires often brainwash people into believing that chasing money isn't the path to happiness? The truth is, while money itself might not bring happiness, it does provide security and freedom. These billionaires are securing wealth for future generations, and one thing they all have in common is that they're investors. It's crucial for people to take their financial literacy seriously and consider investing in the stock market. It really can work for you and help you build the financial future you deserve.
You get rich by making credit work for you. Nobody ever got rich by saving money.
That's very practical and smart goal, a wise man once said do everything you can to get outta debt, one of his tips to get rich is Investing.
Investing and trading now will be the wisest thing to do especially with the current economic fluctuation and inflations.
Success usually comes to those who are too busy looking for it. If you're willing to do business or become an investor then you will be rich.
The digital market has been good news lately, many people in it are seeing a great return.
put a bunch in index funds too like S&P 500 to passively and conservatively grow those earnings
Humble brag caller...
I hate it when people say "I'm so blessed but I'm also insecure." 😅😅😅
Brag call, next
there are some guys who make up a story just to brag publicly. Usually done by compulsive liars.
Haven't heard that term in a while.
Hi, I’m calling because I’ve got The Rock’s body and young Brad Pitt’s face and all the chicks on the street keep flirting with me, what can I do to feel more secure? 😢
Their entire existence is about bragging. Notice how he shared his number of followers straight out of the gate. That's the measuring tool used for a nonsensical valuation system based upon thin air that marketers could drop in a heartbeat.
@@Baiyoubai LOLOLOL, good one!!
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 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.
Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with this person
My advisor is “ Sophia Maurine Lanting’ highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
I am going to look her up right away on web, I have about $220k i want to start with, might be small but it's better than nothing though. Since the 08 crash is playing out again.
This guy doesn't have a financial problem; he has a fear problem. They could recommend he saves two years work of expenses, but that's not going to get rid of the insecurities he has. He needs to talk to a therapist and a financial planner.
Start saving your damn money bro. Don’t brag , just save
You're right, he is bragging! Common sense would be to save.
Let’s FIND OUT WHO THIS GUY IS. Should be easy
Jay from Tampa? Or fake name? Lol
I am at the beginning of my "investment journey," planning to put 285K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any good recommendations on great-performing stocks will be appreciated.
As a newbie investor, it's essential for you to have a mentor to keep you accountable. Caroline Suzan Olson is my trade analyst. She has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trade decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a million. I'm especially grateful to adviser Caroline Suzan Olson for her expertise and exposure to different areas of the market.
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
Without a doubt! Caroline Suzan Olson is a trader who goes above and beyond. She has an exceptional skill for analyzing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
How would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
Investing and saving a 1 year emergency fund would help with stability.
After that setting a budget and diversifying your income , like what was mentioned, create a product, shirts, stickers, something.
Someone called to brag. Waste of time.
5 million subscribers and only $300k a year… this dude needs a new manager.
Hard to say because you get paid on views, not subs....but decent ad revenue rates are $3 per 1000 views. Meaning if he averaged 1/2 million views on 100 videos in a year, top line is 200K before agent fees. And the rest is sponsorship.
Apples to apples but...Look at this channel we're on. 3.5 million subs but videos rarely cross 100K views.
I make 1 million dollars a day , I don’t feel secure either
Hes just flexing for his media accounts.
Agree, should feel insecure about his narcissistic personality.
@@trevorcolletti3693narcissistic personalities are all insecure. It’s his root issue. Ironically no solution or help.
If he was truly making what he says he would not be calling this show. That space is so full of b.s. artists that it's like a pyramid scheme.
@@trevorcolletti3693😂
@ why is always $10,000 per month? Every scam artist same amount
Until you have enough money to give your boss the middle finger and never work again, you shouldn't feel financially secure.
it takes time to trust your sales business. For the first several good years, it feels like you just got lucky and that the luck will obviously run out at some point. That's what he's dealing with for sure. Been there.
Clearly this guy is looking for a plug through Ramsey. He was hoping they would ask him what he does and whats his channel. Cmon bro they not gonna fall for it.
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤❤❤
I'm 37 and have been looking for ways to be successful, please how??
Well, the investment-advisor that guides me is..
Cathie Wood
I Met Mrs Cathie Wood last year for the first time at a seminar program, where she greeted a friend of mine also a member, and fortunately for me, we exchanged contact and got along. What God cannot do, doesn't exist" I truly believe this word 100 percent❤❤❤
😱Sounds familiar, I have heard her name on several occasions.. and both her success stories in the wall Street journal!!!
Idk dave. I've made a pretty penny in crypto. For most people it's not a good move. For me, it's been life changing.
It's because deep down these high end influencers know that they aren't producing anything real but quick promos and the end of the party could be tomorrow.
Gambling/crypto scam
fame doesn't last forever and your 15 mins could end really quickly. Think about all those onlyfans modes, their shelf life is extremely short
Not all of them do.
@@jimmymcgill6778 Do what?
@@jimmymcgill6778 Do what Jimmy?
You're an online creator. All you need is a laptop, a camera, a microphone, a table, and a fancy backdrop. If you can't sock away 80% of your income then you are not trying.
Must be so difficult to make 10k a month be considered bad month. Brag call and they need stop taking these.
LOLz. I'm wealthy but don't feel satisfied. Sounds like a personal problem to address with a good therapist.
Ramsey won't allow you work on side business cut the cap
Not on his time.
I’m tired of these rich people calling in
I have a steady job and very comfortable income, however I feel the same way. Its because deep down inside, I be laid off or fired the next day.
12-24 monthly expenses saved will sort that feeling out.
High reward means high risk. The benefit of a W2 job is you know exactly what your paycheck is going to be. Being an “entrepreneur” on TH-cam means you don’t know what your next paycheck is going to be, whether that be positive or negative. Only way to secure yourself is to pay down debt/put money into guaranteed returns, but those returns are going to be relatively low.
Saving and investing is key. Both in retirement and after-tax accounts. The advice on the Solo 401(k) is spot on. Do a Mega Backdoor Roth Solo 401(k) and put $69,000 in it for 2024 ($23K in tax-deferred and $46K in after-tax with Roth conversion). On top of that, you need to have a much larger emergency fund (a full year of expenses) to use as a buffer for the low earning months, and the potential for a complete shift in your business model.
Please send the caller the book Building a non-anxious life by Dr Delony
He said grossing.
TH-cam only pays 45% of the ad money. And he's making 40% from them. He's only make 72k from them. After taxes, that is only 57k.
So after that, and sponsors', he's only net's 200k, about.
I’ve heard some TH-camrs refer to their gross as the $$$$ they get after TH-cam takes their cut
@@YcMdattGUY Correct. TH-cam's cut is not tax.
Well at the end of the day nothing feels stable or sustainable. We come to a point that it’s time to adjust our lifestyles but we know we could regress at any moment. Maybe adjusting to poverty is the only way to feel secure in this day and age. Act like you are poor even when you have tons of cash.
This 👏
He needs to save while he can. Algorithms can change , look what happened with web page ads.
The answer is, get a stable job. 😂
But why even bother? Living in fear with an income level like that, inconsistent or not, is just ridiculous.
Right or at least a back up plan.
Completely irrelevant but I just learned the intro song to the Dave Ramsey Show is the song Baker Street by Gerry Rafferty
Youre not Blessed, i hate it when people say this, its such bullcrap. You are LUCKY you are NOT blessed. God said its easier for a camel to pass through the eye of a needle than a rich man. God doesnt care what your bank balance is!!!! He cares how you live youre life
Or has he put extra into savings, 401ks, emergency fund into high yield savings???
I know a super successful TH-camr, he had a family, quit TH-cam for a couple months, came back, works in construction now and does TH-cam as a side gig for extra income. Your life doesn’t all have to be strictly online, you can work in the real world and also contribute to the online world. I plan on doing the same. In highschool I also had a teacher whose husband is a VERY successful TH-cam artist but he used to work in accounting when he started before he went full time with TH-cam and other platforms.
I can see why he feels insecure. Seriously most TH-camrs can’t keep up this income stream in 3 years. And if all he knows to do is to live streaming, when his channel isn’t popular anymore, it’s hard for him to get back to the real world to get a real job, and sure, that real job definitely won’t pay him $300K per year. So it’s good for him to think ahead rather than sitting on $300K thinking that will go on forever.
Yeah but the real job part is worring to me because an employer wants/needs/requires certain things to be able to employ people so...
Live like you make 50k invest the rest or whatever..and get you a good tax guy cause after this video you will probably get audited!!!
I make $48k and I feel rich
I get his concern actually. TH-cam isnt easy. You always have to be on and making new content or your channel starts drying up. So no his income is definitely not secure.
Mr. Beast is good at voices.
Caller isn’t feeling anything, just being an a$$hole.
Have you ever heard of investing in the S&P 500? Yea it would make your life better
Ohh boy look at me !!! Who can i call next? 😊
If I was him earning an average of around 30k and only needs 5k per month to pay everything and be comfortable, I'd save and invest everything about 10k until being independently financially wealthy and not needing an income to generate that 10k by itself and once he's there, it's just fun to think what to do with the money then but could help so many and still have a ball.
I’m broke as hell but I feel great
Man I hope to have a million subs one day.
I hate that these influencers make three figures and are hard working miner, teachers, and so forth make nothing.
Power of media!
Three figures is nothing. Do you mean SIX figures?
if you make 300K, take 200 and invest it every year... you will be financially independent in no time...
Sounds like you forgot about taxes.
@@KurtisB then invest 100 and live off 80...
That is gross, not net.
First, $300k gross isn't the same as making $300k as a salary. I'm sure he has people to pay and other overhead. Anyhoo, making his money on social media, he should feel insecure unless he is investing well...which should be his focus. Someday, maybe soon, maybe not, no one will care about him.
I am going to start a boxing channel; if that doesn't work I will start wearing a million dollar cape
Give it *all* to me , I’ll feel extremely *secure* for you 🙄
So what's stopping this guy from getting a regular job since he's complaining about not having a set salary?
He called to brag on this show despite him claiming to have 5M followers on social media. Even that insane number of followers isn't providing him enough attention he craves
Social media creator 🙄
Caleb Hammer trolling George and Kenneth
Why do they take these calls
That person had 5.5 milion follower, way more than this channel 😂😂
But doesn't have millions of listeners onthe radio.
Nice brown jacket 🧥
Get a financial advisor
My guy, you made 5-10x the annual income of the average American in one year
I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 40% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated
As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking??
look up her name on the web for her website.
MAYBE 300 to 400k a year lmaooo. Maybe 100k swing there, don’t really know😅 lmaoo
Just trying to gain clout/free plug on here.
I make $60k and feel more financially secure than this guy. 😂
You need another job according to the Ramsey team . Get 5 jobs , up your income or you’re a failure
Same here at 69k
I bet he makes 300k minus expenses
he probably over spends
I feel sorry for all of your “DR” followers as you are all missing out on the 4th Industrial Revolution (blockchain).
Give me a break.
TH-cam pays like this. 😳
His "worst " month was 10k?
how does these callers get by the screeners. stupid call.
300k and struggling? Stfu
Another waste of time call.
Whenever Ken’s on I scroll on! He’s an idiot!
so sick of this show taking these stupid calls. What garbage they are turning into.
Does he need a mistress to help him spend his 💰🙂↔️
Hey Ramsey show. We know you like to make it seem like these shows are random callers but we know you screen them. You want these rich morons calling
Obviously they screen them because they want to keep out those unhinged morons that can barely put a coherent thought together that make up 90% of the American population.
Grow up and save ffs
This dude needs some humble pie 🥧
Be funny if he did O.F. with his wife...
Guy doesn’t have a money problem. He’s got mental issues. Go see a doctor man ur head is out to lunch and nobody cares about ur 300k. Shove it.
The way out of this is to save big while the big money is flowing in. If he can get another 5 years out of this deal, he should have a million in the bank, maybe even $1.5. At that point, all you need is enough income to pay the bills and just let the invested money go to work for you over time (and time you have at 24 years old). Plus, anyone who figures out how to have that level of income at 24 is going to be able to come up with other ideas, and most likely better ones. No need to worry here.
its not a real job and soon his channel wil burn out and he knows it