Dave’s Top Teaching Moments | Dave Ramsey's Greatest Hits

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

ความคิดเห็น • 388

  • @downburst1
    @downburst1 8 หลายเดือนก่อน +164

    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.

    • @rleonekc07
      @rleonekc07 8 หลายเดือนก่อน +6

      dang brother. GET IT. Hoping to be on your level soon.

    • @GlaricRelic
      @GlaricRelic 8 หลายเดือนก่อน +1

      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)

    • @downburst1
      @downburst1 8 หลายเดือนก่อน +3

      @@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.

    • @GlaricRelic
      @GlaricRelic 8 หลายเดือนก่อน +2

      @@downburst1 thank you so much, ill do my best always to take them out of debts and stay finantially free

    • @pieswimmer1
      @pieswimmer1 8 หลายเดือนก่อน

      God bless you bro you got this ​@@GlaricRelic

  • @ronaldbordeaux919
    @ronaldbordeaux919 6 หลายเดือนก่อน +131

    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

    • @MarkBray-g6h
      @MarkBray-g6h 4 หลายเดือนก่อน +2

      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

    • @ruskyivanich2107
      @ruskyivanich2107 3 หลายเดือนก่อน +1

      ​@@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.

    • @braylinheim2257
      @braylinheim2257 3 หลายเดือนก่อน +1

      lol me 5 years ago. I wasn’t in debt bc no one offered me any yet…

    • @chriscole9621
      @chriscole9621 3 หลายเดือนก่อน +5

      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.

    • @justincoulter1992
      @justincoulter1992 2 หลายเดือนก่อน

      Hell yeah brother

  • @pklucas9790
    @pklucas9790 8 หลายเดือนก่อน +220

    Just paid off my debt today, 🙌 hurt a lot but I got it through. Now it's all profit and no more liabilities.

    • @Chessdude4
      @Chessdude4 8 หลายเดือนก่อน +6

      Get that emergency fund done.. and then you’re piling up retirement for the rest of your life.. it piles up fast

    • @fernando4life
      @fernando4life 2 หลายเดือนก่อน

      🔥🔥🔥

    • @crand20033
      @crand20033 หลายเดือนก่อน

      Until you need another car or house.

    • @LindyLouCantu
      @LindyLouCantu หลายเดือนก่อน

      Congratulations! Great job!

    • @ilrargaming3906
      @ilrargaming3906 หลายเดือนก่อน

      nice, still one year for me, at the end of 2025 i will debt free.

  • @happyg-gf1pu
    @happyg-gf1pu 8 หลายเดือนก่อน +141

    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 🎊 💗

    • @chaaaaaaaaaaaad
      @chaaaaaaaaaaaad 6 หลายเดือนก่อน +3

      Congrats and best of luck

    • @wilsoncortez2154
      @wilsoncortez2154 6 หลายเดือนก่อน +3

      Good luck!!! Happy to hear you are doing well. It's motivational. You are a positive example that we can all do it.

    • @ElijahListran
      @ElijahListran 3 หลายเดือนก่อน

      Good luck and, also, give youself breaks and vacations

  • @kellellebelle
    @kellellebelle 8 หลายเดือนก่อน +49

    Out of debt thanks to Dave and hard work!! YOU CAN DO THIS!!!

  • @astrokade_astronomy
    @astrokade_astronomy 4 หลายเดือนก่อน +13

    Paid off 20k in debt and have been saving my emergency fund because of this show! At about 4 months in that account

  • @blackphillygal
    @blackphillygal 8 หลายเดือนก่อน +124

    Paid off everything thanks to Dave. Everyone can be debt free😅

    • @sharktoof1
      @sharktoof1 8 หลายเดือนก่อน +4

      Congrats!

    • @crand20033
      @crand20033 หลายเดือนก่อน

      OK, how does he suggest you pay off your house?

    • @sumisumi5214
      @sumisumi5214 28 วันที่ผ่านมา

      @@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.

  • @josephlabranche4889
    @josephlabranche4889 8 หลายเดือนก่อน +143

    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

    • @GlaricRelic
      @GlaricRelic 8 หลายเดือนก่อน

      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?

    • @TheRealTommyBear33
      @TheRealTommyBear33 7 หลายเดือนก่อน +8

      who cares if you dont have a credit card bet you got thousands in savings and they got none lol

    • @bhaalgorn
      @bhaalgorn 7 หลายเดือนก่อน

      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

    • @rbarzola7756
      @rbarzola7756 6 หลายเดือนก่อน +3

      credit cards are so time consuming. We save time by not dealing with them and their manipulation

    • @jjzendejas5630
      @jjzendejas5630 6 หลายเดือนก่อน +4

      I guess 😅🤔 we are both dumb ass people and let's stay that way 🎉💪⚓🧑‍🔧

  • @Western.Confrence
    @Western.Confrence 8 หลายเดือนก่อน +18

    Dave is doing gods work, thank you for your wisdom!

  • @juststradwife
    @juststradwife 8 หลายเดือนก่อน +29

    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
      @megantoman2795 4 หลายเดือนก่อน +1

      How is it going??

    • @juststradwife
      @juststradwife 4 หลายเดือนก่อน

      @@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!! ☺️

  • @Drivin_Sideways
    @Drivin_Sideways 8 หลายเดือนก่อน +30

    "If we were doing math we wouldn't have credit card debt to start with" 😂 I listen for gems like these! Thank you Dave!!

  • @devingauldin879
    @devingauldin879 7 หลายเดือนก่อน +9

    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

  • @deeladybug2618
    @deeladybug2618 8 หลายเดือนก่อน +45

    Seeing Zero balance on the two credit cards I paid off is an AWESOME feeling. ❤

    • @workinprogress-ye5or
      @workinprogress-ye5or 6 หลายเดือนก่อน +2

      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.

  • @ShallowStudios
    @ShallowStudios 8 หลายเดือนก่อน +18

    Good luck to everyone on their journey. I promise it gets better. KEEP GOING!!!

  • @angooredcow157
    @angooredcow157 7 หลายเดือนก่อน +14

    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.

    • @valarmorghulis4801
      @valarmorghulis4801 4 หลายเดือนก่อน +1

      Which college savings fund did you use?

  • @donluedetmoonsone9573
    @donluedetmoonsone9573 8 หลายเดือนก่อน +4

    Thank you sir! I love your show.
    I am on baby steps 2 now.

  • @LauPlays
    @LauPlays 4 หลายเดือนก่อน +2

    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!

  • @pattiellen5339
    @pattiellen5339 8 หลายเดือนก่อน +23

    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. 😎

  • @sssnipermonkey5566
    @sssnipermonkey5566 6 หลายเดือนก่อน +33

    I’m 35 and in 56k in debt….. I’m gonna clean myself up and chase positive wealthy and freedoms thank you Dave 😮‍💨🎤🤬

    • @ginaiacono2776
      @ginaiacono2776 6 หลายเดือนก่อน +4

      You can do it!! You're so young, you WILL be wealthy and sooner than you think. Bless you!

    • @arroyofive9259
      @arroyofive9259 6 หลายเดือนก่อน +1

      Same boat here 39 years old roughly same amount of debt not including mortgage, we can do it

    • @Koppes1010
      @Koppes1010 6 หลายเดือนก่อน +1

      I’m 35 with $53K, let’s grind through this together!

    • @valarmorghulis4801
      @valarmorghulis4801 4 หลายเดือนก่อน

      Let's doing y'all!

  • @Ariel0607-b8p
    @Ariel0607-b8p 3 หลายเดือนก่อน +6

    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!!

  • @pauleff3312
    @pauleff3312 4 หลายเดือนก่อน +6

    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?

    • @fleurelise997
      @fleurelise997 2 หลายเดือนก่อน

      Very wise observation here. Clearly you weren't the kind of user they could exploit. Wish more people knew this.

  • @talhagungor2667
    @talhagungor2667 8 หลายเดือนก่อน +13

    “Scorched earth life style. Sell so much stuff that the kids think they are next.” 11:00

  • @mdcowart11
    @mdcowart11 3 หลายเดือนก่อน +1

    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

  • @eliburry6572
    @eliburry6572 5 หลายเดือนก่อน +10

    Dave Ramsey for president ??❤

    • @TheHoriginal
      @TheHoriginal 5 หลายเดือนก่อน +1

      Absolutely 👍

  • @yvonnelepe1112
    @yvonnelepe1112 หลายเดือนก่อน +1

    In debt 10k and on Baby Step #2
    😊 on my way up.
    Thank you Dave.

  • @patri_mb
    @patri_mb 8 หลายเดือนก่อน +30

    I’m a FAN of these rants

    • @TheHoriginal
      @TheHoriginal 5 หลายเดือนก่อน

      Yaaazzzzz 👍

  • @gbblarggb
    @gbblarggb 4 หลายเดือนก่อน +3

    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.

    • @angelaonthego
      @angelaonthego 4 หลายเดือนก่อน

      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.

  • @brucefredrickson9677
    @brucefredrickson9677 5 หลายเดือนก่อน +2

    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.

  • @mlu18
    @mlu18 8 หลายเดือนก่อน +2

    Love listening to Dave the word "Stupid " 😵‍💫 gets under my skin . I am learning from others' mistakes.

  • @yellowtrain3161
    @yellowtrain3161 3 หลายเดือนก่อน +1

    These are the Ramsey moments that I value the most!!

  • @BlueLineGroovy
    @BlueLineGroovy 4 หลายเดือนก่อน +4

    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 !!

  • @TallyDrake
    @TallyDrake 5 หลายเดือนก่อน +11

    The problem isn't just credit cards, it's also automatic payments, where again you don't feel the "pain" of paying the bill.

  • @MustangWriter
    @MustangWriter 8 หลายเดือนก่อน +7

    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.

    • @Momosvlogsies
      @Momosvlogsies 7 หลายเดือนก่อน

      Keep it up bro 💪🏾

  • @37ccooper
    @37ccooper 8 หลายเดือนก่อน +3

    Hi I been learning lot for u I’m sitting better with money by watching u all

  • @tinyhomenetworking
    @tinyhomenetworking 7 หลายเดือนก่อน +1

    Love and appreciate you all.

  • @ianmontoya6869
    @ianmontoya6869 8 หลายเดือนก่อน +1

    This video was absolutely phenomenal! Really shows the character and knowledge. Thank you so much uncle Dave for amazing this path !

  • @Scott-pn3np
    @Scott-pn3np 8 หลายเดือนก่อน +25

    "Put the dog on Ebay" 😂 noooooo! My dog is priceless! Haha

  • @laurafratoni7931
    @laurafratoni7931 8 หลายเดือนก่อน +7

    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!

  • @RoadDogRiley
    @RoadDogRiley 8 หลายเดือนก่อน +3

    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.

  • @KingMonchie
    @KingMonchie 2 หลายเดือนก่อน

    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.

  • @seanwoods3028
    @seanwoods3028 8 หลายเดือนก่อน +5

    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

    • @shirlene8868
      @shirlene8868 8 หลายเดือนก่อน

      You got this!!

  • @amandahaataia5505
    @amandahaataia5505 6 หลายเดือนก่อน +1

    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!

  • @big4740
    @big4740 8 หลายเดือนก่อน +23

    My cat on craigslist 😂....

    • @annahopp
      @annahopp 8 หลายเดือนก่อน +2

      Should I tell my wife? We have two cats.

  • @Andrew-ok5ht
    @Andrew-ok5ht 8 หลายเดือนก่อน +1

    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 😊

  • @Erati243
    @Erati243 8 หลายเดือนก่อน +5

    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".

  • @davidjewell9197
    @davidjewell9197 4 หลายเดือนก่อน

    Thanks Dave and thanks for sharing your knowledge

    • @Massivemonster1234
      @Massivemonster1234 4 หลายเดือนก่อน

      Thanks only need to be said once in this sentence, not twice.

  • @misslanapaulford
    @misslanapaulford 5 หลายเดือนก่อน +3

    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. 😊

  • @mavamQ
    @mavamQ 8 หลายเดือนก่อน +6

    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.

  • @talhagungor2667
    @talhagungor2667 8 หลายเดือนก่อน +4

    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.

  • @PLH_Exclusives
    @PLH_Exclusives 2 หลายเดือนก่อน

    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.

  • @rachelanderson3147
    @rachelanderson3147 2 หลายเดือนก่อน

    Dave is the best ❤️

  • @anjelobrown4521
    @anjelobrown4521 6 หลายเดือนก่อน

    Thank u for these lessons they are a blessing

  • @clementifeanyi7155
    @clementifeanyi7155 3 หลายเดือนก่อน

    Thank you Dave. My wife and I are on the gazelle intensity. Baby step 2

  • @annahopp
    @annahopp 8 หลายเดือนก่อน +6

    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.

    • @Abulls33
      @Abulls33 6 หลายเดือนก่อน

      😂

  • @shawnchristianson324
    @shawnchristianson324 8 หลายเดือนก่อน +225

    Really trying hard to clean up my 16k worth of debt.

    • @BlakeWheelersBurnerAccount
      @BlakeWheelersBurnerAccount 8 หลายเดือนก่อน +33

      Keep going.

    • @maigaaminata6370
      @maigaaminata6370 8 หลายเดือนก่อน +26

      You got this! I’m in the same boat -we will get to that financial peace ☮️

    • @XtremelyJ
      @XtremelyJ 8 หลายเดือนก่อน +10

      You can do it!

    • @jlebrech
      @jlebrech 8 หลายเดือนก่อน +9

      how many debts? 16k should be cleared in 16months with minimal effort. with a snowball even faster.

    • @polarablues64
      @polarablues64 8 หลายเดือนก่อน +7

      You got this! I've been credit card free for 2 years and it feels awesome!

  • @jayv9286
    @jayv9286 หลายเดือนก่อน

    “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.

  • @chardihikabul1839
    @chardihikabul1839 8 หลายเดือนก่อน

    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.

  • @Ezmoneyash
    @Ezmoneyash 8 หลายเดือนก่อน +5

    Great timeless advice

    • @TheHoriginal
      @TheHoriginal 5 หลายเดือนก่อน +1

      Oh Fo sho

  • @nicholasmartinez6043
    @nicholasmartinez6043 7 หลายเดือนก่อน +3

    Anytime Dave does the Kermit voice you know it’s a good rant!

  • @markanthony2133
    @markanthony2133 2 หลายเดือนก่อน

    Thank you

  • @MerlinYggdrasill
    @MerlinYggdrasill 8 หลายเดือนก่อน +2

    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

  • @istoppain62
    @istoppain62 หลายเดือนก่อน

    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

  • @inasrainbowland8819
    @inasrainbowland8819 2 หลายเดือนก่อน

    Dave, I love your Kermit voice 😂
    Cant help vision you with the sock puppet in front of your kids.

  • @kerryabsher1673
    @kerryabsher1673 10 วันที่ผ่านมา +1

    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

  • @TheGresh77
    @TheGresh77 5 หลายเดือนก่อน

    How should I start investing in mutual funds? I have very little knowledge but want to star working on my future.

  • @Patsworldbaby
    @Patsworldbaby 8 หลายเดือนก่อน +4

    I been out of debt practically my whole life. 2023 I was almost 30k in debt. Got out in 1 year.

    • @BenState
      @BenState 8 หลายเดือนก่อน

      Housing?

    • @Patsworldbaby
      @Patsworldbaby 8 หลายเดือนก่อน

      @@BenState no. Car payments and a trip to Cancun

    • @BenState
      @BenState 8 หลายเดือนก่อน

      @@Patsworldbaby So you're homeless

    • @Patsworldbaby
      @Patsworldbaby 8 หลายเดือนก่อน

      @@BenState I live in my semi truck. But on paper yes I’m homeless.

  • @Brovillion559
    @Brovillion559 4 หลายเดือนก่อน

    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

  • @Justiceone88
    @Justiceone88 2 หลายเดือนก่อน +1

    3:11 good points

  • @emilsisorganizandote2688
    @emilsisorganizandote2688 8 หลายเดือนก่อน +3

    “Some of you got drunk and wake up married” 😅

  • @traciejones6491
    @traciejones6491 4 หลายเดือนก่อน

    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!

  • @emerald640
    @emerald640 8 หลายเดือนก่อน +4

    Why use a debit card that gives instant access to your account when you get greater protection from a CC?

    • @GigaChad_169
      @GigaChad_169 8 หลายเดือนก่อน +1

      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.

    • @kilroywashere9678
      @kilroywashere9678 8 หลายเดือนก่อน +2

      You missed the whole use cash bit didn’t you.

    • @Ravetar101
      @Ravetar101 8 หลายเดือนก่อน

      Its hardly greater protection i've been disputing a charge for like 3 months and its still not over

    • @joygarrett8397
      @joygarrett8397 8 หลายเดือนก่อน

      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.

    • @cindypatrick785
      @cindypatrick785 8 หลายเดือนก่อน

      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

  • @Mbs1979
    @Mbs1979 2 หลายเดือนก่อน

    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.

  • @chriskodani2543
    @chriskodani2543 หลายเดือนก่อน

    Today, I learned that there are peach Cheerios. Thank you Dave Ramsey!!!

  • @TheKC1003
    @TheKC1003 7 หลายเดือนก่อน +1

    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🌱

  • @elchavinha14
    @elchavinha14 8 หลายเดือนก่อน +3

    Get out of debt people!!! It's worth it!

  • @john-on5jp
    @john-on5jp 3 หลายเดือนก่อน +1

    Great advice if you have income sufficient to pay bills annnd debt
    Which most don't including me 😢

  • @nathanhendrickson790
    @nathanhendrickson790 2 หลายเดือนก่อน

    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

  • @ItsAWildLife1
    @ItsAWildLife1 8 หลายเดือนก่อน +2

    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?

    • @strqueen123
      @strqueen123 6 หลายเดือนก่อน

      You spend more when you use CCs plus you support a predatory company

  • @allya8864
    @allya8864 7 หลายเดือนก่อน

    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.

  • @MM-pn8ho
    @MM-pn8ho 8 หลายเดือนก่อน

    What if they get behind on schedule with no changes on your side? Do you get discounts?

  • @theclown888
    @theclown888 8 หลายเดือนก่อน +5

    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.

    • @BenState
      @BenState 8 หลายเดือนก่อน

      Fail.

    • @JohnSmith-tn1te
      @JohnSmith-tn1te 8 หลายเดือนก่อน

      Dave knows everything his is the only way lol

  • @ericnewman6523
    @ericnewman6523 8 วันที่ผ่านมา

    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.

  • @artemarigartemarig6289
    @artemarigartemarig6289 6 วันที่ผ่านมา

    Hi Could You please help me I need information about where can I go to invest in Miami Florida? thanks for Your help.

  • @trynaman
    @trynaman 8 หลายเดือนก่อน

    What episode is the first Dave rant speech? I was looking for it for a while and here it is!

  • @ritvatiare1389
    @ritvatiare1389 2 หลายเดือนก่อน

    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...

  • @scrowfunk8109
    @scrowfunk8109 หลายเดือนก่อน

    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.

  • @katysummer9418
    @katysummer9418 8 หลายเดือนก่อน

    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.

  • @oldskoolnyall
    @oldskoolnyall 4 หลายเดือนก่อน +1

    Result of Listening to these videos today, I am no longer buying a new car. Buying a new car Doesn't make sense anymore.

    • @HighCarbAlex
      @HighCarbAlex 3 หลายเดือนก่อน

      Yep just buy one thats 5+ years old after some idiot lost most of the value, but got to flex his new car. 😂

  • @YT_Watchers
    @YT_Watchers 4 หลายเดือนก่อน

    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

  • @ReAl-uu8ku
    @ReAl-uu8ku 5 หลายเดือนก่อน +1

    I don't enjoy the process, I want it done 😂

  • @johnmackey3937
    @johnmackey3937 3 หลายเดือนก่อน

    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).

  • @OffroadHomestead2784
    @OffroadHomestead2784 8 หลายเดือนก่อน

    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

  • @osatokunbo6380
    @osatokunbo6380 หลายเดือนก่อน

    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?

  • @babettejennichan9228
    @babettejennichan9228 8 หลายเดือนก่อน +8

    Let’s GO Visa! Use it responsibly and you’ll be fine.

    • @GAFB1122
      @GAFB1122 8 หลายเดือนก่อน +2

      Lol ... do you get / understand Dave's program?

    • @cajbaf
      @cajbaf 8 หลายเดือนก่อน +3

      ​@@GAFB1122 Apparently not..😂. They think they're smarter

    • @JJ-jn7ei
      @JJ-jn7ei 8 หลายเดือนก่อน

      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.

    • @LookingupinJA
      @LookingupinJA 8 หลายเดือนก่อน +1

      I earn a lot on cash back and they earn ZERO interest from me 😂😂😂… I’m happy with this relationship 😂

    • @BenState
      @BenState 8 หลายเดือนก่อน

      @@LookingupinJA Fees, charges, risk calculated?

  • @davyleehoward
    @davyleehoward 8 หลายเดือนก่อน +4

    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

  • @MarkPizzini
    @MarkPizzini 5 หลายเดือนก่อน +1

    Some good reasons to invest in Visa and Mastercard the toll takers of the credit card industry

  • @blugnu1
    @blugnu1 8 หลายเดือนก่อน +12

    Credit and now, medications are vying for the top commercially pushed products!

    • @BenState
      @BenState 8 หลายเดือนก่อน

      USA USA!

  • @legalizemutualcombat9678
    @legalizemutualcombat9678 4 หลายเดือนก่อน

    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

  • @sneakerhead240
    @sneakerhead240 2 หลายเดือนก่อน

    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!

  • @nanao8536
    @nanao8536 8 หลายเดือนก่อน

    Is it a good idea to borrow from 401k to pay high interest credit card debt?