Started watching about 10 years ago, massive mortgage, but careful with money more or less. Anyway after these years I’m millionaire. I don’t have a car payment, but have a new car. I don’t have a mortgage in the last 16 months. I put 27% into pension with company on 8%. I have 120k liquid savings and half a million in pension pot. All assets combined 1m. Thanks Dave for being there and allowing me to dip in for inspiration. Continue to watch to stay the course. And editing to add, I’m only getting started. I will give and grow. God bless all.
man I have 20 years now, and dont know too much about finances, what can u recommend me to get there??? im studying a bachelor in computer engineering, so I can have a good job, at least thats what my parents tell me. (currently in my second year)
@@GlaricRelic good advice from your parents as obviously income is the most important source of wealth. Otherwise learn the value of the concept of wealth. It’s about choices, I could buy that or this, but I choose not to. Control and confidence. Don’t be driven by needing things, but by needing to build wealth and choosing should you wish things that complement your own goals. Look at the unfortunate people who spend all they earn and some. Is that you? If not you will be fine. It’s common sense to be honest.
Im lucky to say the most debt ive had is $217.36 and im listening to Ramsey at 18 years old just graduated high school and have my welding certification from college
I’m proud of you! Go get what you deserve and keep listening to Dave! I didn’t know I was working the baby steps until I found dave about 6 months ago. We have always tried to live on less then what we make, we did staycation way before it was popular and now we are in the final stretch! No debt,house paid, and money in retirement and keep adding every week
@@MarkBray-g6hI forgot staycation was a word haha. To be honest, I like staying home when I don't have work, especially when it's like a 3 day weekend. I finally get to rest from work.
My achievements for last 8 years Paid mine and family debts Built new house for family Spend money for my Two sisters marriage, Bought car Now Debt free and investing journey started, wish me luck 🎊 💗
@@crand20033you can do it. Make a couple of extra payments a year helps and it pays off faster. Or if you are married, one spouse puts all their paycheck on the principal of the loan and the other spouse pays for the household expenses. That will pay off faster. Paying off the house makes life so much easy.
Man I just got a credit card, because as I saw it helps you when buying a car, a house, etc. At this time I have not spent anything and I'm a little scared of going into too much debt. What do you recommend me?
As someone with almost 100k in credit limit (never paid a single late fee or interest payment in my life) the trick is to just budget and dont overspend. If you do, youll never, ever have late or interest payments and you will make money using them assumjng youre using rewards cards. And if you're using a budget as if you were using cash/debit, then you will not be spending more than you would without one. If you suddenly are making reasons to carry a balance, cut up your cards immediately. Make sure youre always living below your means, try to save at least 20% or so of your post tax income every month. Have an emergency fund that is liquid cash. CCs, LOCs are not emergency funds. @GlaricRelic
My husband and I made the decision that we’re going to get out of debt. No more beating around the bush, and no more paying extra on this or that without a plan. We have our plan thanks to Dave, and this is the first month of the rest of our lives. Conveniently, our interest rates allow us to use the debt snowball to pay off the lowest balance and the highest interest debt simultaneously, so no worries there. Thank you, Dave!!! We haven’t even started yet, but we have you to thank!! We have hope and a bright future ahead thanks to you!!
@@megantoman2795 Since the beginning of April, we’ve paid off just over $33k in debt!! We got a nice jump start from using some of our savings, but we have just over $63k left. Based on my spreadsheet, we should be debt free by (or before) June 23, 2025!! ☺️
I have 0 balance paying it off as I go and every time I see I have 50 or 100.00 for a gift or item from points, that I need and I don't have to touch savings, that's good too. It's discipline but over the years I honed it so I set up payments as I buy things.
No debts here. A simple life. Financially disciplined. Minimalist lifestyle. From living in an attic to making a chicken last a week, we invested in ourselves. Professional degrees that landed us in good jobs and comfortable lives. We saved for the kids’ education and prepaid their education when they were in sixth and eight grade. They have no student loans today and unburdened by debts. My husband bypassed Yale because we did not have the money and the university did not give him any scholarship. Some regrets but we would have ended up in major debts and the inability to pay for the education of our children. Thanks David for speaking frankly about money. Many of us have to keep up with the Joneses.
I have no debt but I am using Dave’s beans and rice recipe to save extra for retirement. Running with gazelle intensity towards making it happen early. When I am tempted to go out to a restaurant and blow $50 on a meal that a reluctant 22-year old line cook made, I decide that the money will be better spent at a later date…when I want a dinner out in my retirement. 😎
I've accumulated 25k in debt and im going nuts right now. I cant sleep, i dont eat well. Between car payments and cash advances, personal loans i pay 1k a month in capital and interest. I earn about 3k a month. Between groceries, gas and house bills thats another $1800. Another $150 goes to credit cards. So im roughly left with $50. Going absolutely insane here!!
Dave IS right in this. Yes, I had credit cards that I was paying off religiously and not paying any interest at all - just a card in the shop.... come home and pay it off that night (rather than carry a balance)... And when my plastic card expired, the bank decided it wouldn't replace it - I wonder why?
Thanks to Caleb hammer I started looking at finances and found Ramsey during it also. Made finances a bigger important part of my life, been debt free and only keep a low interest loan. Thanks yall.
So glad you made it over here! I’ve made some comments on Caleb’s videos for people to also check out Dave. I feel like Caleb gets people motivated to changeand Uncle Dave teaches you how to do it.
Like Dave, I did a lot of stupid financial stuff in the past but learned from lessons that were reversible. Debt free now and enjoy about $9k monthly in retirement...have not yet taken my social security which is about 18 months away. That will at another $40k annually. Dave is right about not buying stuff on credit that you can't afford.
I’m debt free !!! 🎉. I own my home in the country. My own car … it’s in great condition .. I’m retired and live very frugally and simply. And I haven’t had a credit card in over twenty years !!
I'm halfway paying off debt. Got another year to go (24 month plan) . Paid off my car last week. I'm feeling REAL good about that! Taking that $400 payment and applying it to remaining debt. As an empty nester I was able to make a huge dent selling stuff off (decor and antiques) that I no longer needed at a local auction house. Check local auction houses in your area you'll be surprised at just how much your unwanted stuff sells for to collectors.
Not sure I would have picked those as choices for his best. He’s way more amazing than those are. Hey whoever put this together…. Really pick the best so I can send it to members of my family I have been waiting for a best of. Like an intro to Dave and the principles video with some riveting calls too!
I knew the credit card advice 20 years ago but didn't take it like I should have. Now, I am in CC debt. As for the housing advice, I don't ever plan on buying or building a house. I'll try to adapt it to a boat when they time comes for me to retire.
I have always dreamed of having a custom house built. I really appreciate all these notes on what to have/do. Im probably a decade away from being able to do it still, but im extremely excited for the process.
It finally clicked for me. The problem with CC (even if you use them responsibly) if you create a positive association with consuming (people always joke about “the points). And if you’re celebrating consumerism, you are spending more!
That’s so impressive that I have been always living by those rules and everybody called me money hamster. But I’m not alone, Dave thinks the same way 😊
I do it was 29 dollars, i clicked it up. still used the debit card. LOL funny you mention the grocery store stuff. I deliver groceries for walmart spark for "fun funds" I have heard SOOO many people I deliver to that actually tip decently say that the tip is because I am still saving them tons of money from "broswing shopping".
Dear Dave and family Please please can you do a video on, what to do when You have no debt Have a emergency fund 6 + months and have a budget and being frugal. The Goal being saving 20,000 for a deposit for a house.. I love love you videos especially with George and John. BUT we dont all have debt/loan's and cars. Can U and your amazing team help. 😊
Dave said it, some live so conservatively that they can use credit cards without spending more. My wife and I have our hands raised. We earned $1.75M over 36 years, we saved and invest our way to a liquid net worth of $2.72M. Our paid for home increases that number. It takes a mental attitude that Dave tries hard to instill.
I always thought about if I just a made a little more it will be okay, all I had to do was control what I had. You can’t make enough to out earn stupidity.
lol can I post the segment of “How to Build a House” on my website?!!! Love it. So relieving to just hear someone speak it. I make the owners build it on paper first with me… and that still takes a year lol.
“I’ll match my net worth against your’s” is Dave’s battle cry. Oh sure, I don’t have the millions that you have, but I do have something you don’t have, enough.
You’re making some incredible points here. This is something i was expecting to find in your book. Unfortunately, all i did is read other peoples story.
This is the last one? Come on we love Dave Ramsey Greatest Hits! We could possibly get another two or three videos out of it. This series is pretty much biblical for getting your money mindset together you can go back to these videos and learn new things
I grew up in the Philippines in the 80s and came to US in 90s where we adapted a no credit card mentality and to only use money we have. We never had financial problem and saved a lot of money we invested. Now we are retired financially free that we don’t need to work to make money. Our investments make money for us. Take care of your health. That’s more important than
I am currently 24 with only 1600$ in debt I am married to my wife who has no debt. We currently make about 90k annually after taxes. We own a mobile home which we live in that’s worth about 25-30k and two cars worth about 12k total (both with over 150k miles). Our bills are about 300 for lights, 50 for wifi 200 for lot rent where the trailer sits. +groceries (not sure how much we spend on that) and lastly gas is about 30$ every 4 days because I work an hour away and around the same for my wife because here car isn’t the best on gas (Nissan pathfinder) and she works 30 min away My problem is I don’t know how much I should make before transitioning to a house. also I work 1 hour away so it’s only burning me sitting here. The job I work is worth the drive for the experience I’m getting on my resume and opportunities to move up. There is the option of moving my home an hour down the road which would be a lot of money I don’t have (I think it’s like 10k to move a mobile home that far.) Any advice/help is greatly appreciated, thank you in advance
My boss paid off his card every month, a business card for a small electric company. He got a vacation to Hawaii paid for by points. He did the math and the look on his face was priceless. He spent over 100k on his card and with interest it’s a lot more. They got a 8k vacation paid for. It was great watching him realize what really happened
I paid off my student loan debt and car before I married my husband. I owed $10,000 on the student loan and $12,000 on the car when I started kicking things into high gear on debt. On my husband's car we owe about $9000, and we are working on paying it off. I hope we can knock it out very quickly. Debt freedom has increasingly become his goal, too, as he knows we benefited from my own pursuit of that path and my overtime and extra jobs at that time to get there. Now I work normal hours. I haven't elbowed my husband in Dave's direction. He knows our marriage and daily life benefits from my prior debt freedom and he knows Dave's method was my approach. I think he will put some extra money toward paying off the car. :) After it is paid off, we only have the mortgage to go!
Because you can’t overspend and get caught up in high interest credit card debt using a debit card. This is about harm mitigation. More people get in over their heads with credit card debt than they do with transaction fraud.
Many financial institutions now offer debit cards that go through a “dummy account” first . . They are tied to your checking But have another layer of protection in between . . I just found this out at my bank.
I disagree… using a credit card for cash back benefits works for people who are financially responsible. I use it for certain purchase types, but I make sure I budgeted for the purchase and then transfer it and pay the credit card purchase balance off as soon as it hits. I just did it recently to pay for new tires for my vehicle. I have zero debt, no mortgage, I put 20% of my paycheck towards retirement in my ROTH 401(K), not including the company 100% match up to 4%, and I still put away $7K per month towards savings and other investments and this is after all other monthly bills are paid. I did the Dave Ramsey steps and it was hard for several years, but 95% of his advice works. Being financially free is absolutely possible, and it is the greatest feeling.
People who keep breaching avalanche over snowball don’t understand human behavior. I tried both and I paid off far more debt much more quickly when I did snowball. Avalanche is a long game of discipline and the reward is in the saved interest but it is not a quick payoff often times. Snowball may lead to a few more dollars extra in debt BUT it’s mentally rewarding to pay off a debt in its entirety in one go. I paid off and closed 4 cards in one month, that felt great. Snowball all the way - it’s effective.
Cash is money already spent, i.e. not painful to spend at all for me. Plastic on the other hand represents the decrease in my accounts, which is very painful. It’s not the 20th century anymore.
I never paid a penny to my credit card but I get cash back all the time!! Anything I spend on my credit card immediately gets paid off when I see a balance.
I still think that as long as you navigate your credit card carefully they can be quite beneficial. You need to be on the ball with it and make sure you don’t overspend but the little rewards cash you get along with building a credit history are two very good advantages I don’t think you want to just give up on.
Well I was always good with money and just for fun calculated the incentive of credit cards which is usually not much. I use one but I pay it off every month and I don't cellect debt on it but Dave is right using one makes you loose oversight of your expenses thats why its suggested to use cash then you see whats going out of your wallet.
I make between 150-200k and my wife makes 100-120k. We both use credit cards. We have a joint account and 2 personal/individual accounts. In the joint I add 3k and my wife adds 2.7k a month… all our cards are paid off, we own our car… only debt is 170k left on mortgage… we use our rewards to travel and what have you. It is 100% possible to live like this and have a large surplus going into investment… live cheap and make a fock ton of money and invest all of it after expenses. That’s the way we do it and we are well on the road to become millionaire
My grandparents mentioned it being one of their best idea to use a credit card for miles. But I understand they are a rare exception because they both are very wealthy and they travel to Europe 2-3 times a year. Never holding a balance. Rare exception. Trying to do this myself would only end poorly for me
I have in my mid-50s and have a 7-figures in cash in my account - what the best conservative investment that can pay me 8-10% and protect my principle? Ideas please?
I actually agree. I could care less about points of any kind however, I get A LOT of cash back to use my credit card. I'm not a big spender. The cash back i get goes right into a high intrest account. I realize, it's all about placement and access. I stay out of malls and off of Amazon. I use instacart to keep me out of the grocery store. It takes mad discipline to be this way. B4 I buy anything I'm thinking about what ETF I can't buy because I splurged on Amazon 😂😂😂 This ONLY works if you control your spending.
Paid off everything sold tbe new car 4 months ago. Was pretty much broke but getting rid of that Mercedes and now driving a old minivan thats as good as new car or truck
Everything papa Dave said about the grocery store is true, they design the layout that way, you walk past everything to get the essentials , and then they hit you on the way out with the little things like candy, coke drinks , masterminds
Me and my fiance started at $75k (in february '24) worth of debt between us, were down to $23k (as of october '24), getting married in june (june '25, cash flowing the whole wedding) and will be entirely debt free by august '25... ramsey plan works for those curious!
Started watching about 10 years ago, massive mortgage, but careful with money more or less. Anyway after these years I’m millionaire. I don’t have a car payment, but have a new car. I don’t have a mortgage in the last 16 months. I put 27% into pension with company on 8%. I have 120k liquid savings and half a million in pension pot. All assets combined 1m. Thanks Dave for being there and allowing me to dip in for inspiration. Continue to watch to stay the course. And editing to add, I’m only getting started. I will give and grow. God bless all.
dang brother. GET IT. Hoping to be on your level soon.
man I have 20 years now, and dont know too much about finances, what can u recommend me to get there???
im studying a bachelor in computer engineering, so I can have a good job, at least thats what my parents tell me. (currently in my second year)
@@GlaricRelic good advice from your parents as obviously income is the most important source of wealth. Otherwise learn the value of the concept of wealth. It’s about choices, I could buy that or this, but I choose not to. Control and confidence. Don’t be driven by needing things, but by needing to build wealth and choosing should you wish things that complement your own goals. Look at the unfortunate people who spend all they earn and some. Is that you? If not you will be fine. It’s common sense to be honest.
@@downburst1 thank you so much, ill do my best always to take them out of debts and stay finantially free
God bless you bro you got this @@GlaricRelic
Im lucky to say the most debt ive had is $217.36 and im listening to Ramsey at 18 years old just graduated high school and have my welding certification from college
I’m proud of you! Go get what you deserve and keep listening to Dave! I didn’t know I was working the baby steps until I found dave about 6 months ago. We have always tried to live on less then what we make, we did staycation way before it was popular and now we are in the final stretch! No debt,house paid, and money in retirement and keep adding every week
@@MarkBray-g6hI forgot staycation was a word haha. To be honest, I like staying home when I don't have work, especially when it's like a 3 day weekend. I finally get to rest from work.
lol me 5 years ago. I wasn’t in debt bc no one offered me any yet…
Don't get into debt. I'm 25 and I have thousands in credit cards, personal loans, and an expensive car loan. It's not worth it at all.
Hell yeah brother
Just paid off my debt today, 🙌 hurt a lot but I got it through. Now it's all profit and no more liabilities.
Get that emergency fund done.. and then you’re piling up retirement for the rest of your life.. it piles up fast
🔥🔥🔥
Until you need another car or house.
Congratulations! Great job!
nice, still one year for me, at the end of 2025 i will debt free.
My achievements for last 8 years
Paid mine and family debts
Built new house for family
Spend money for my Two sisters marriage,
Bought car
Now Debt free and investing journey started, wish me luck 🎊 💗
Congrats and best of luck
Good luck!!! Happy to hear you are doing well. It's motivational. You are a positive example that we can all do it.
Good luck and, also, give youself breaks and vacations
Out of debt thanks to Dave and hard work!! YOU CAN DO THIS!!!
Paid off 20k in debt and have been saving my emergency fund because of this show! At about 4 months in that account
Paid off everything thanks to Dave. Everyone can be debt free😅
Congrats!
OK, how does he suggest you pay off your house?
@@crand20033you can do it. Make a couple of extra payments a year helps and it pays off faster. Or if you are married, one spouse puts all their paycheck on the principal of the loan and the other spouse pays for the household expenses. That will pay off faster. Paying off the house makes life so much easy.
I get called a dumb ass for not having credit cards people always look for somthing to dig on you but poppa dave always makes me feel better
Man I just got a credit card, because as I saw it helps you when buying a car, a house, etc. At this time I have not spent anything and I'm a little scared of going into too much debt. What do you recommend me?
who cares if you dont have a credit card bet you got thousands in savings and they got none lol
As someone with almost 100k in credit limit (never paid a single late fee or interest payment in my life) the trick is to just budget and dont overspend. If you do, youll never, ever have late or interest payments and you will make money using them assumjng youre using rewards cards. And if you're using a budget as if you were using cash/debit, then you will not be spending more than you would without one.
If you suddenly are making reasons to carry a balance, cut up your cards immediately.
Make sure youre always living below your means, try to save at least 20% or so of your post tax income every month. Have an emergency fund that is liquid cash. CCs, LOCs are not emergency funds. @GlaricRelic
credit cards are so time consuming. We save time by not dealing with them and their manipulation
I guess 😅🤔 we are both dumb ass people and let's stay that way 🎉💪⚓🧑🔧
Dave is doing gods work, thank you for your wisdom!
My husband and I made the decision that we’re going to get out of debt. No more beating around the bush, and no more paying extra on this or that without a plan. We have our plan thanks to Dave, and this is the first month of the rest of our lives. Conveniently, our interest rates allow us to use the debt snowball to pay off the lowest balance and the highest interest debt simultaneously, so no worries there. Thank you, Dave!!! We haven’t even started yet, but we have you to thank!! We have hope and a bright future ahead thanks to you!!
How is it going??
@@megantoman2795 Since the beginning of April, we’ve paid off just over $33k in debt!! We got a nice jump start from using some of our savings, but we have just over $63k left. Based on my spreadsheet, we should be debt free by (or before) June 23, 2025!! ☺️
"If we were doing math we wouldn't have credit card debt to start with" 😂 I listen for gems like these! Thank you Dave!!
I'm on step 3 of the 7 step program. I paid my debt and it hurt but I feel a difference in my life from doing so
Seeing Zero balance on the two credit cards I paid off is an AWESOME feeling. ❤
I have 0 balance paying it off as I go and every time I see I have 50 or 100.00 for a gift or item from points, that I need and I don't have to touch savings, that's good too. It's discipline but over the years I honed it so I set up payments as I buy things.
Good luck to everyone on their journey. I promise it gets better. KEEP GOING!!!
No debts here. A simple life. Financially disciplined. Minimalist lifestyle.
From living in an attic to making a chicken last a week, we invested in ourselves. Professional degrees that landed us in good jobs and comfortable lives.
We saved for the kids’ education and prepaid their education when they were in sixth and eight grade. They have no student loans today and unburdened by debts.
My husband bypassed Yale because we did not have the money and the university did not give him any scholarship. Some regrets but we would have ended up in major debts and the inability to pay for the education of our children.
Thanks David for speaking frankly about money. Many of us have to keep up with the Joneses.
Which college savings fund did you use?
Thank you sir! I love your show.
I am on baby steps 2 now.
Half way through paying off my debt and it’s like an addiction! Cannot wait to get there. Listen to this man, he changed my life!
I have no debt but I am using Dave’s beans and rice recipe to save extra for retirement. Running with gazelle intensity towards making it happen early. When I am tempted to go out to a restaurant and blow $50 on a meal that a reluctant 22-year old line cook made, I decide that the money will be better spent at a later date…when I want a dinner out in my retirement. 😎
I’m 35 and in 56k in debt….. I’m gonna clean myself up and chase positive wealthy and freedoms thank you Dave 😮💨🎤🤬
You can do it!! You're so young, you WILL be wealthy and sooner than you think. Bless you!
Same boat here 39 years old roughly same amount of debt not including mortgage, we can do it
I’m 35 with $53K, let’s grind through this together!
Let's doing y'all!
I've accumulated 25k in debt and im going nuts right now. I cant sleep, i dont eat well. Between car payments and cash advances, personal loans i pay 1k a month in capital and interest. I earn about 3k a month. Between groceries, gas and house bills thats another $1800. Another $150 goes to credit cards. So im roughly left with $50. Going absolutely insane here!!
Dave IS right in this. Yes, I had credit cards that I was paying off religiously and not paying any interest at all - just a card in the shop.... come home and pay it off that night (rather than carry a balance)... And when my plastic card expired, the bank decided it wouldn't replace it - I wonder why?
Very wise observation here. Clearly you weren't the kind of user they could exploit. Wish more people knew this.
“Scorched earth life style. Sell so much stuff that the kids think they are next.” 11:00
What i love about all of this is how it takes away the shame of whatever position you are in, ive never felt so free
Dave Ramsey for president ??❤
Absolutely 👍
In debt 10k and on Baby Step #2
😊 on my way up.
Thank you Dave.
I’m a FAN of these rants
Yaaazzzzz 👍
Thanks to Caleb hammer I started looking at finances and found Ramsey during it also. Made finances a bigger important part of my life, been debt free and only keep a low interest loan. Thanks yall.
So glad you made it over here! I’ve made some comments on Caleb’s videos for people to also check out Dave. I feel like Caleb gets people motivated to changeand Uncle Dave teaches you how to do it.
Like Dave, I did a lot of stupid financial stuff in the past but learned from lessons that were reversible. Debt free now and enjoy about $9k monthly in retirement...have not yet taken my social security which is about 18 months away. That will at another $40k annually. Dave is right about not buying stuff on credit that you can't afford.
Love listening to Dave the word "Stupid " 😵💫 gets under my skin . I am learning from others' mistakes.
These are the Ramsey moments that I value the most!!
I’m debt free !!! 🎉. I own my home in the country. My own car … it’s in great condition .. I’m retired and live very frugally and simply. And I haven’t had a credit card in over twenty years !!
The problem isn't just credit cards, it's also automatic payments, where again you don't feel the "pain" of paying the bill.
I'm halfway paying off debt. Got another year to go (24 month plan) . Paid off my car last week. I'm feeling REAL good about that! Taking that $400 payment and applying it to remaining debt. As an empty nester I was able to make a huge dent selling stuff off (decor and antiques) that I no longer needed at a local auction house. Check local auction houses in your area you'll be surprised at just how much your unwanted stuff sells for to collectors.
Keep it up bro 💪🏾
Hi I been learning lot for u I’m sitting better with money by watching u all
Love and appreciate you all.
This video was absolutely phenomenal! Really shows the character and knowledge. Thank you so much uncle Dave for amazing this path !
"Put the dog on Ebay" 😂 noooooo! My dog is priceless! Haha
Not sure I would have picked those as choices for his best. He’s way more amazing than those are. Hey whoever put this together…. Really pick the best so I can send it to members of my family I have been waiting for a best of. Like an intro to Dave and the principles video with some riveting calls too!
I knew the credit card advice 20 years ago but didn't take it like I should have. Now, I am in CC debt. As for the housing advice, I don't ever plan on buying or building a house. I'll try to adapt it to a boat when they time comes for me to retire.
I have always dreamed of having a custom house built. I really appreciate all these notes on what to have/do. Im probably a decade away from being able to do it still, but im extremely excited for the process.
10k in debt. Was working 3 jobs now I'm all in on one job that will pay more. Just trying to get to that first step
You got this!!
It finally clicked for me. The problem with CC (even if you use them responsibly) if you create a positive association with consuming (people always joke about “the points). And if you’re celebrating consumerism, you are spending more!
My cat on craigslist 😂....
Should I tell my wife? We have two cats.
That’s so impressive that I have been always living by those rules and everybody called me money hamster. But I’m not alone, Dave thinks the same way 😊
I do it was 29 dollars, i clicked it up. still used the debit card. LOL funny you mention the grocery store stuff. I deliver groceries for walmart spark for "fun funds" I have heard SOOO many people I deliver to that actually tip decently say that the tip is because I am still saving them tons of money from "broswing shopping".
Thanks Dave and thanks for sharing your knowledge
Thanks only need to be said once in this sentence, not twice.
Dear Dave and family
Please please can you do a video on, what to do when
You have no debt
Have a emergency fund 6 + months and have a budget and being frugal.
The Goal being saving 20,000 for a deposit for a house..
I love love you videos especially with George and John. BUT we dont all have debt/loan's and cars.
Can U and your amazing team help. 😊
Dave said it, some live so conservatively that they can use credit cards without spending more. My wife and I have our hands raised. We earned $1.75M over 36 years, we saved and invest our way to a liquid net worth of $2.72M. Our paid for home increases that number. It takes a mental attitude that Dave tries hard to instill.
I always thought about if I just a made a little more it will be okay, all I had to do was control what I had.
You can’t make enough to out earn stupidity.
lol can I post the segment of “How to Build a House” on my website?!!! Love it. So relieving to just hear someone speak it. I make the owners build it on paper first with me… and that still takes a year lol.
Dave is the best ❤️
Thank u for these lessons they are a blessing
Thank you Dave. My wife and I are on the gazelle intensity. Baby step 2
I did it 'ish' and still made it. Did a few rollercoaster loops through stupid tax land, but still made it. Don't tell Dave.
😂
Really trying hard to clean up my 16k worth of debt.
Keep going.
You got this! I’m in the same boat -we will get to that financial peace ☮️
You can do it!
how many debts? 16k should be cleared in 16months with minimal effort. with a snowball even faster.
You got this! I've been credit card free for 2 years and it feels awesome!
“I’ll match my net worth against your’s” is Dave’s battle cry. Oh sure, I don’t have the millions that you have, but I do have something you don’t have, enough.
You’re making some incredible points here. This is something i was expecting to find in your book. Unfortunately, all i did is read other peoples story.
Great timeless advice
Oh Fo sho
Anytime Dave does the Kermit voice you know it’s a good rant!
Thank you
This is the last one? Come on we love Dave Ramsey Greatest Hits! We could possibly get another two or three videos out of it. This series is pretty much biblical for getting your money mindset together you can go back to these videos and learn new things
I grew up in the Philippines in the 80s and came to US in 90s where we adapted a no credit card mentality and to only use money we have. We never had financial problem and saved a lot of money we invested. Now we are retired financially free that we don’t need to work to make money. Our investments make money for us. Take care of your health. That’s more important than
Dave, I love your Kermit voice 😂
Cant help vision you with the sock puppet in front of your kids.
I am currently 24 with only 1600$ in debt
I am married to my wife who has no debt. We currently make about 90k annually after taxes.
We own a mobile home which we live in that’s worth about 25-30k and two cars worth about 12k total (both with over 150k miles).
Our bills are about 300 for lights, 50 for wifi
200 for lot rent where the trailer sits.
+groceries (not sure how much we spend on that) and lastly gas is about 30$ every 4 days because I work an hour away and around the same for my wife because here car isn’t the best on gas (Nissan pathfinder) and she works 30 min away
My problem is I don’t know how much I should make before transitioning to a house. also I work 1 hour away so it’s only burning me sitting here.
The job I work is worth the drive for the experience I’m getting on my resume and opportunities to move up.
There is the option of moving my home an hour down the road which would be a lot of money I don’t have (I think it’s like 10k to move a mobile home that far.)
Any advice/help is greatly appreciated, thank you in advance
How should I start investing in mutual funds? I have very little knowledge but want to star working on my future.
I been out of debt practically my whole life. 2023 I was almost 30k in debt. Got out in 1 year.
Housing?
@@BenState no. Car payments and a trip to Cancun
@@Patsworldbaby So you're homeless
@@BenState I live in my semi truck. But on paper yes I’m homeless.
My boss paid off his card every month, a business card for a small electric company. He got a vacation to Hawaii paid for by points. He did the math and the look on his face was priceless. He spent over 100k on his card and with interest it’s a lot more. They got a 8k vacation paid for. It was great watching him realize what really happened
3:11 good points
“Some of you got drunk and wake up married” 😅
I paid off my student loan debt and car before I married my husband. I owed $10,000 on the student loan and $12,000 on the car when I started kicking things into high gear on debt. On my husband's car we owe about $9000, and we are working on paying it off. I hope we can knock it out very quickly. Debt freedom has increasingly become his goal, too, as he knows we benefited from my own pursuit of that path and my overtime and extra jobs at that time to get there. Now I work normal hours. I haven't elbowed my husband in Dave's direction. He knows our marriage and daily life benefits from my prior debt freedom and he knows Dave's method was my approach. I think he will put some extra money toward paying off the car. :) After it is paid off, we only have the mortgage to go!
Why use a debit card that gives instant access to your account when you get greater protection from a CC?
Because you can’t overspend and get caught up in high interest credit card debt using a debit card.
This is about harm mitigation. More people get in over their heads with credit card debt than they do with transaction fraud.
You missed the whole use cash bit didn’t you.
Its hardly greater protection i've been disputing a charge for like 3 months and its still not over
Many financial institutions now offer debit cards that go through a “dummy account” first . . They are tied to your checking But have another layer of protection in between . . I just found this out at my bank.
I am trying to use a debit card but I use the debit card control switch on the app to turn the card off when I’m not grocery shopping! 2:48
I disagree… using a credit card for cash back benefits works for people who are financially responsible. I use it for certain purchase types, but I make sure I budgeted for the purchase and then transfer it and pay the credit card purchase balance off as soon as it hits. I just did it recently to pay for new tires for my vehicle. I have zero debt, no mortgage, I put 20% of my paycheck towards retirement in my ROTH 401(K), not including the company 100% match up to 4%, and I still put away $7K per month towards savings and other investments and this is after all other monthly bills are paid. I did the Dave Ramsey steps and it was hard for several years, but 95% of his advice works. Being financially free is absolutely possible, and it is the greatest feeling.
Today, I learned that there are peach Cheerios. Thank you Dave Ramsey!!!
Thanks to Bitcoin paid off my debts, made life changing money, no more credit cards and almost paid off the house.
Now steadily investing / DCA’ing🌱
Get out of debt people!!! It's worth it!
Great advice if you have income sufficient to pay bills annnd debt
Which most don't including me 😢
Thank god I’m only a little 4,000 dollars in debt. Still paying it off quickly but thank whatever diety I saw what I was doing before I went too deep
If we put all of our expenses on an Amex and pay it off every single month and get loads of rewards, where is the downside?
You spend more when you use CCs plus you support a predatory company
People who keep breaching avalanche over snowball don’t understand human behavior. I tried both and I paid off far more debt much more quickly when I did snowball. Avalanche is a long game of discipline and the reward is in the saved interest but it is not a quick payoff often times.
Snowball may lead to a few more dollars extra in debt BUT it’s mentally rewarding to pay off a debt in its entirety in one go. I paid off and closed 4 cards in one month, that felt great.
Snowball all the way - it’s effective.
What if they get behind on schedule with no changes on your side? Do you get discounts?
Cash is money already spent, i.e. not painful to spend at all for me. Plastic on the other hand represents the decrease in my accounts, which is very painful. It’s not the 20th century anymore.
Fail.
Dave knows everything his is the only way lol
I never paid a penny to my credit card but I get cash back all the time!! Anything I spend on my credit card immediately gets paid off when I see a balance.
Hi Could You please help me I need information about where can I go to invest in Miami Florida? thanks for Your help.
What episode is the first Dave rant speech? I was looking for it for a while and here it is!
My income is 400 a month.. under 6000 a year, no car, no holidays, etc... What a nice society we have in first world countries...
I still think that as long as you navigate your credit card carefully they can be quite beneficial. You need to be on the ball with it and make sure you don’t overspend but the little rewards cash you get along with building a credit history are two very good advantages I don’t think you want to just give up on.
Well I was always good with money and just for fun calculated the incentive of credit cards which is usually not much. I use one but I pay it off every month and I don't cellect debt on it but Dave is right using one makes you loose oversight of your expenses thats why its suggested to use cash then you see whats going out of your wallet.
Result of Listening to these videos today, I am no longer buying a new car. Buying a new car Doesn't make sense anymore.
Yep just buy one thats 5+ years old after some idiot lost most of the value, but got to flex his new car. 😂
I make between 150-200k and my wife makes 100-120k. We both use credit cards. We have a joint account and 2 personal/individual accounts. In the joint I add 3k and my wife adds 2.7k a month… all our cards are paid off, we own our car… only debt is 170k left on mortgage… we use our rewards to travel and what have you. It is 100% possible to live like this and have a large surplus going into investment… live cheap and make a fock ton of money and invest all of it after expenses. That’s the way we do it and we are well on the road to become millionaire
I don't enjoy the process, I want it done 😂
Is a buyer agent just an agent working to help me buy a place?
Dave, do you have staff/connections in Florida (I'm in Delray Beach).
My grandparents mentioned it being one of their best idea to use a credit card for miles. But I understand they are a rare exception because they both are very wealthy and they travel to Europe 2-3 times a year. Never holding a balance. Rare exception. Trying to do this myself would only end poorly for me
I have in my mid-50s and have a 7-figures in cash in my account - what the best conservative investment that can pay me 8-10% and protect my principle? Ideas please?
Let’s GO Visa! Use it responsibly and you’ll be fine.
Lol ... do you get / understand Dave's program?
@@GAFB1122 Apparently not..😂. They think they're smarter
I actually agree. I could care less about points of any kind however, I get A LOT of cash back to use my credit card. I'm not a big spender. The cash back i get goes right into a high intrest account. I realize, it's all about placement and access. I stay out of malls and off of Amazon. I use instacart to keep me out of the grocery store. It takes mad discipline to be this way. B4 I buy anything I'm thinking about what ETF I can't buy because I splurged on Amazon 😂😂😂
This ONLY works if you control your spending.
I earn a lot on cash back and they earn ZERO interest from me 😂😂😂… I’m happy with this relationship 😂
@@LookingupinJA Fees, charges, risk calculated?
Paid off everything sold tbe new car 4 months ago. Was pretty much broke but getting rid of that Mercedes and now driving a old minivan thats as good as new car or truck
Some good reasons to invest in Visa and Mastercard the toll takers of the credit card industry
Credit and now, medications are vying for the top commercially pushed products!
USA USA!
Everything papa Dave said about the grocery store is true, they design the layout that way, you walk past everything to get the essentials , and then they hit you on the way out with the little things like candy, coke drinks , masterminds
Me and my fiance started at $75k (in february '24) worth of debt between us, were down to $23k (as of october '24), getting married in june (june '25, cash flowing the whole wedding) and will be entirely debt free by august '25... ramsey plan works for those curious!
Is it a good idea to borrow from 401k to pay high interest credit card debt?