Every time I would get hasty in my younger years my mother would slow me down and tell me " you build your house from the bottom up". I would ask her where she got that and she said would tell me it's in the Bible. Don't know if it is true or not but it helped me out in life.
Im 20 years old and you have completely changed my way of thinking and opened my mind for the better. I'm very thankful to have someone like you give me advise. Thank you !
One of the most common regrets is that people didn’t start educating themselves about finance earlier. Best time to plant a tree is 20 years ago - second best time is today!
In the past few years I’ve transformed my financial situation through real Estate Investing and am nearing financial freedom and millionaire status. My only regret is that I didn’t start sooner.
Married at 18, had a baby at 19, now debt free at 20, with $9,000 in savings, onto baby step 4. I dropped out of high school, and have no college degree. Poor is ONLY a mindset. You have to be disciplined to make it happen for yourself. 🙌🏻
Keep in that “mindset” is usually not cultivated at young age which is why age was a large component of the data, the majority will gather this later in life Congratulations on your success and well wishes on your continued success
Thank you for the encouragement. I do not have a degree and am going against the grain by moving out without a degree. Living here is pretty expensive, but you have to do what you have to do.
Joe Rogan + Dave Ramsey!!! now that’s a podcast I could listen too for a few hours! How are we gonna Dave on the joe Rogan experience?! Blow up the comments boys!!!
Dave, I’m a theistic agnostic who has followed you for years. (And yes, I’m one of the “kiddos” that discovered you here on YT when I was 21; I’m now 24.) I loved what you said about how one’s moral code is inherently spiritual, no matter what set of faith beliefs (or lack thereof) it comes from. Your principles are applicable to everyone, not just Christians. Also, you have the right to express your beliefs through your work since this is still the United States!!! If the haters don’t like it, they don’t have to view your content! Thanks to you, I have a plan for my future and have gotten rid of the victim, “little guy can’t get ahead” mentality you mentioned here. Thank you for everything you do, and those of us who seek wisdom will always appreciate our “boomer” Uncle Dave. 🙂
I had a kid while in college. Married his mother, we have a second kid (daughter), I am a musician, and I make a lot of money xDxDxDxDxD, and thanks to Dave, I have wealth. Thank you Dave for existing!!! An thank you for sending me your book thought your friend Scott Hunt :) he did a cruise in Portugal where I play everyday, and we talked a lot about you, about how your teachings changed my life. I just don’t get tired of your videos, everyday I see at least one video, it fuels my spirit 🙏🙏🙏 god bless you
Dave Ramsey is a great first step. But he is a fundamentalist to make his advice simple to follow. Graduating from him to more nuanced data driven advice is an important step.
Devin actually a mortgage is not against Dave’s teachings. He is not against them as long as you put 20% down, and take a 15 year fixed rate mortgage that isn’t more than 25% of your income in payment.
Your best video yet Dave! Preaching the truth without really even preaching at all. What a respectable man! I’m with you, Jesus is awesome. People think that being Christian means cramming the Bible in someone’s ears and never messing up. The church isn’t full of saints, it’s full of sinners at the doctor. Us Christians just want others to experience the joy we’ve found. And boy what a joyous ride it is! You do an awesome job of fitting Christ into your message and still getting people to stick around to hear it. Love what you do!
Parents taught me all this before I even found Dave here. If you want it work for it, first car bought myself cash, used. College worked part time partial scholarship, didn't finish, but was debt free when I left. Live below your means, save, no credit cards.
Dave keep up the good fight it is who you are. My wife found you ten years ago on AM radio. You saved us we were deep in debt nearing seven figures. We hope you pick us for a debt free scream. We flipped the script from deep in debt to everyday millionaires. I listen to you on two different AM stations in our area back to back one starts at 12:30PM and the other at 3:00PM the 12:30 show is a repeat of the day before show that’s on at 3:00. Listening while working in an out of the vehicle and driving home. Thank you Dave,
Man I wish I would have discovered Mr. Ramsey and his teachings 10 years ago! If I had the mentality that I have now, thanks to your book and videos, I would be doing even better. The good news is it's never too late.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@Susan8765gr However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments...
Oh I hear a MLM sales pitch coming! 😂 Yes honey, there are small percentages of people who are not in poverty but the chances of most people doing that are slim.
thats good. but ramsey is talking about a roadmap to success for the general population. that having children after your married, and getting out of debt before your married, while not having children out of wedlock is the easiest pathway out of poverty and into financial independence. glad you are a exception to the rule, but know you are the exception, not the rule. those who dont follow these guidelines tend to drain the welfare system who are a burden on society.
Soaring Grasslands I’m not dense i know that! My comment was for people who aren’t following the road map and are watching this can see it’s 100% possible if they truly want it! I’ll start a new rule! HARD WORK beats any statistic!
I thank the Lord that I found Dave here on TH-cam! It's a real life changer and plus I continue to listen so I can stay Motivated and stay on track. I CAN DO THIS! I learn so much and thank you for the callers that are brave enough to call and tell their story. Most importantly THANK YOU DAVE 😊 I APPRECIATE YOU!
I was 23 yrs old working 60 hours a week, made 70k, but had 14k student loans, 3k credit card debt. My boss let me borrow his truck and dave Ramsey was the voice on the CD he left. Now I'm 30 and worth 600k. This stuff works. And most of it is what used to be known as common sense
My husband was 17, I was 16 when we had our first baby. We had four kids by the time we were 25. We went to college, both have bachelors degree and make high middle class income. We have just a house and car for debt. We’ve used Dave’s method to find a way to save as our parents are all on social security and never held a job for more than a few years. They are all great people and we love them dearly, but we will be caring for our parents in their old age. Thank you for teaching us what our parents couldn’t.
As someone that's agnostic, I don't care about the religious references that Dave makes in his shows, and I just brush past it. It doesn't affect me one way or another if he quotes the Bible. It's the steps that matter to me and I already have the knowledge I need from his book, but I just watch the videos to keep me determined and inspired.
Coming from an atheist I have to say this was extremely well worded and respectable. I don't believe in the bible but that doesn't mean it doesn't have good lessons. I have so much respect for Dave and his openness to talk to anyone and help anyone regardless of their personal belief. Thanks for the advice throughout the years and I'll keep returning for more!
Great advice Dave. Also I wanted to mention, and you've said it before, that taking money out of your retirement plan doesn't usually provide you with the level of pain necessary to change your lifestyle and spending habits for good. There was not any pain in earning/saving that money because it was such a small amount or matched over time. Most people go back in debt when taking short cuts. Take his advice, it's really simple and is stuff we all should have learned in high school if not taught by our parents
@@Quarantina237 Most tithing is basically membership dues to a religious themed country club. Banging music, coffee cafes and short term poverty themed vacations to already Christian countries to build things that skilled workers have to redo isn't always the best idea. Some funnel money into antigay groups too. You can be charitable in other ways that may have a much higher impact than local congregational giving.
I believe that research 100%. My sister is impoverished has three children and never got married. She is stuck in a Perpetual cycle of poverty especially since she has no education in the side of school wasn't important after having her first
Is so true!! My wife and I we was in debt 8 months ago, thank you God We stared listen Dave Ramsey and now We are debt free, but decisions are our, like he said he only teach us how!! Feels so good!! GOD Bless you Mr Dave 🙏🏻🙏🏻
As a millennial, I completely believe in his approach. I especially like the 'snowball' method of paying off debt, specifically student loans. I've already paid off 3 small ones and feel like the rest will be easy! Thanks!
Dave, i was in Brentwood and drove by your headquarters and a friend of mine jumped out the car and demanded for me to take his picture infront of your sign lol (he lives in Alabama). I became curious of who you were and then became hooked on your financial wisdom. Been watching ever since!
People really need to learn that you don't have to agree with 100% of everything someone says to get some benefit from listening to them (in general). I'm pretty liberal and don't follow any specific religion - I learn things from people with different views than me all the time. There are a couple of things I don't agree on with Dave's plan but I have learned a ton listening and his show has helped keep the motivation going while I paid off my debt and saved up an emergency fund. Thanks Dave. :)
Thanks Dave Ramsey. I love what you've been discussing and teaching here. I will be on my way to financial freedom, to be able to generously give those who are in great need. God bless and more power to your show!
I am an islander. Love the way Mr Ramsey preached about biblical principal in how to spend give and invest. Also he encourages to pay off debt first. Onced our aunt says" PLEASE LIVE WITHIN YOUR MEANS"
Dave Ramsey honestly doesn’t think credit cards are all bad, but he preaches not using them because he knows MOST people don’t have the discipline to use them properly. So it’s better to just not have them at all.
We love our credit card. We don’t buy any extra because of it and use the point perks to roll into the debt we have. It consolidates the money going out and always gets paid off. Never paid interest on it. Has skyrocketed my credit score and maintains it. As soon as I call them up and cancel it I loose points on my credit score... no thank you!
"What We Think, Determines What We Believe. What We Believe, Influences What We Choose. What We Choose Defines What We Are. What We Are, Attracts What We Have." Jim Rohn, The 5 Major Pieces To The Life Puzzle.
Thank you for properly identifying the generation - a lot of people use "millennial" as a catch-all term for all young people, when in fact the oldest millennials are almost 40. We're not kids. ;)
Dave, I love all of your bible stuff! You couldn’t be more right about these statistics and how your moral code can impact your financial livelihood. Keep it coming! Amen!
I’m 22 and I love listening to Dave Ramsey. He speaks of a philosophy I already had before I started listening to him but he helps me actually IMPLEMENT that philosophy into my life and behavior. I recently graduated college, am about to get married and buy a house and have $25k in savings. It’s all hard work and living below your means. It’s all about driving an old car and cooking at home and not going to expensive vacations. Dave is extremely wise. People who disagree with his philosophy of financial independence are the ones that refuse to live below their means and refuse to give up things that give them instant gratification.
I'm 25, live on my own, and am non religious. You can dave ramsey with out the religious part. Instead of tithing when I get out of debt I'm going to donate to a animal shelter.
@Somewhere Down The Road You don't have to follow either the Bible or any religion to know that Dave Ramsey's principles of *saving* are sound. His *investment ideas* ? That's a different matter, and I disagree with some of them, such as his absolute refusal to take on *any* debt. Debt, like alcohol, by itself is not inherently good or bad. It all depends on how you use it.
@@ArmageddonIsHere Yep and I'm sure that Dave himself knows that not all debt is bad. However, very few people have the discipline and the knowledge to use debt to their advantage. I think that's why he teaches against it. If he didn't, there'd be somebody calling him a fraud because they would insist that they followed his advice and wound up filing for bankruptcy when in fact somewhere along the way they messed up.
Dave is teaching what he understands, the way he understands it. That's all anyone can ever do. If you can't filter out the stuff you don't like and just pay attention to the lessons, you're going to struggle very hard in life. Everyone has something to teach and there's always something to learn. I'm an Atheist and I don't mind Dave's methods in the slightest.
I believe a stable household is the key to a child's success. My parents were never married, but at no time during my childhood was I unaware of the rules. I knew I was expected to go to school, get the grades, get a career, be independent. My dad isn't particularly religious, but as a child he told me if went on welfare, he would disown me. He loved me and made sure i knew it. Stability, love and good values are what matter.
I’m 23 and I couldn’t agree more with the morals you express, the biblical thoughts and financial beliefs go hand in hand. It’s not a coincidence that people with low morals struggle.
I’m a millennial and this video is absolutely gold, I 100% agree that a majority of it IS behavioral. The habits we’ve created for ourselves are hard to break I admit, however we have to live like no one else so that later we CAN live like no one else. Thank you Dave! I’ve been following your for sometime and currently on baby step 3 🙌
Based on listening to DR for a couple years I came up with what I think is a synthesis of the various stages of belief/personal development: Stage 1: The world happens to you. You have no control on your life and everything happens to you. It is very easy for things to spiral out of control, as you don't know how much control you have. Stage 2: You have a significant impact on the direction of your life and can take control of your future. You begin to learn that your choices have a significant impact on both the good and bad things that happen in your life. You learn that by making good choices you can make your life better. Stage 3: You are part of a community and the choices you make have an impact on those around you. Making good choices means making choices that have maximum positive impact on yourself /and/ others, and also minimum negative impact on yourself /and/ others. Stage 4: Help others. Giving and helping others to maximize their own greatness, will in-turn maximize your happiness/fulfillment.
Mr. Ramsey, “brother if you don’t keep spreading the that you believe in and know to work alongside with you do” 😂 I wouldn’t even repeat what others say. Your doing great work keep sharing that! ✊🏾
I enjoy the you tube videos. I've learned a lot about budgeting and discipline with money. I dont agree with everything but the financial steps are on point to have success with money.
this is hard research, because you can also invert it. The chance of having had a baby at a young age increases when below poverty line. Which causes what? being poor leads to bad decisions, or bad decisions leads to being poor?
Seems rather logical though. High school diplomas tend to be minimum standard for well paying jobs that aren’t in the trades. Kids are an extra burden time and money wise. Having two people share expenses especially those who are committed share the time and money burdens of having a child. Having a child later in life means building up savings.
Sure, as a researcher you shouldn't definitively state causation (responsible) but observational data can be a great tool. People are free to ponder the variables that played a role: maybe it was income, education, IQ etc. In this case I would argue Dave is displaying data, and it's the viewers responsibility to understand he has a certain world view and to use their critical thinking skills. Though I'm glad you pointed it out, I thought the same.
Seems so easy to win after you have. Today I think it is actually easier in many ways. Young people seem so stupid in behaviors but I am not sure I was that different at times. I was successful in many ways but painfully I was also essentially financially broke at 44 in 2008 with poor credit history. From 2008 to 2018 I became a millionaire at 55 by saving and investing in stocks and real estate. WHY We can not always pinpoint all the reasons why it did not come sooner. Now I think I could have achieved the same success 15 years earlier. We do not always remember what we did not know and when our paradigms shifted. There is something about being ready to receive success when it presents itself and the hustle, risk taking, and obsession it takes to get there.
*The sooner we realize the financial dangers of ‘lifestyle inflation’ the better off you will be financially. Financial success boils down to one word: Discipline*
I think saving more and the FIRE movement are slowly becoming very popular among young people. I understand why my parents are broke, they did not have the tools we have today to educate themselves.
Well Dave, im 24 got married 2 years ago and have no kids, my wife and I make about 110k a year... but im agnostic and dont follow structured religion, i think you're right that no matter the religion its about your belief. Make logical, strategic moves motivated by success and the desire to be wealthy. People should respect one anothers religion and not bash on people so much just because they believe there's a god. Your baby steps and advice are great 👍 keep it up 💥 boomer 💥!!! Also, my wife and I are getting out of debt with our cars, and following your program
I don't think that anyone disputes that factors like teen pregnancy, failure to graduate high school and having children out of wedlock are strongly _corellated_ with poverty, they merely assert that the relationship is not _causitive._ To put it another way, if you're not together enough to use birth control and pass high school, the chance that you are nevertheless together enough to put together a budget and live within it is pretty slim. Poverty, unplanned pregnancy and a lack of basic education are symptoms of a common cause. Dave actually puts his finger on this common cause @3:45, "doing whatever the flip you wanna do".
I'm not a Christian but believe in the similar financial principles Dave is talking about. I agree with Dave on getting rid of debt. I was much more content and had a bigger bank balance when I didn't use credit cards (and bought a house without analyzing my income to mortgage ratio)
Even as an agnostic atheist, I can say that Dave's videos have made me appreciate the modern applications and value of the Bible. So many parallels that can make you a better person if you check your pre-conceived notions and post-conceived ideas at the door.
I'm not a Christian but I love listening to Dave. The value you get FAR outweighs however much you may get annoyed about the religious stuff. Plus they're still good lessons.
Love it. Secret of the rich is there is mo secret. I'm excited to start trying to use some of your advice this year and get my finances back on track now that I graduated school and am starting to work in my profession.
Dave thank you for your advice and counsels. If you sow seeds, perhaps some will germinate into plants. Some of the plants may grow into trees, some of them may bear fruits, but some may bear hundred folds of fruits. IF you dont sow dont expect even a single fruit.
Get life-changing financial advice anytime, anywhere. Subscribe today: th-cam.com/users/TheDaveRamseyShow
The Dave Ramsey Show dude your a genius
Every time I would get hasty in my younger years my mother would slow me down and tell me " you build your house from the bottom up". I would ask her where she got that and she said would tell me it's in the Bible. Don't know if it is true or not but it helped me out in life.
Im 20 years old and you have completely changed my way of thinking and opened my mind for the better. I'm very thankful to have someone like you give me advise. Thank you !
Couldn't have argued for marriage equality better!
Great content Dave, really appreciate your wisdom
One of the most common regrets is that people didn’t start educating themselves about finance earlier. Best time to plant a tree is 20 years ago - second best time is today!
I recently started educating myself more in finances. Happy that I started at this age (19)
My regret is not having any ambition towards any specific job or any amount of money earned. I still don't.
In the past few years I’ve transformed my financial situation through real Estate Investing and am nearing financial freedom and millionaire status. My only regret is that I didn’t start sooner.
smileyfacehead you’re way ahead of most people! Congrats!
RAM Real Estate Investing good work!
I'm 38 and living with my Dad again...but, I'm in school and almost have my degree with no student loans! Dave helps me keep my eyes on the prize.
How are you doing now?
I'm 39 and need a makeover haha. Parents might be involved.
My dad wanted me to start watching dave (I'm 14) i don't regret anything haha
Zoey HatesPineapples i’m 16 and i discovered him in my recomendation
I'm 8 and I was watching Barney but my dad switched it to Dave
@@MichaelP-ke1tm thats... unrealistic
Great dad! I wish I started this 13 years ago
@@happygenerously6008 No, that's true.....in his imagination.
Married at 18, had a baby at 19, now debt free at 20, with $9,000 in savings, onto baby step 4. I dropped out of high school, and have no college degree. Poor is ONLY a mindset. You have to be disciplined to make it happen for yourself. 🙌🏻
Keep in that “mindset” is usually not cultivated at young age which is why age was a large component of the data, the majority will gather this later in life Congratulations on your success and well wishes on your continued success
Facts
Word.... There's big shovel and small shovel.... The harder you work the more money you will have
Thank you for the encouragement. I do not have a degree and am going against the grain by moving out without a degree. Living here is pretty expensive, but you have to do what you have to do.
👌👌
Joe Rogan + Dave Ramsey!!! now that’s a podcast I could listen too for a few hours! How are we gonna Dave on the joe Rogan experience?! Blow up the comments boys!!!
Who?
YESSS!!! That would be great please god make it happen 🙏
I second this.
I third this
Joe Rogan is overrated. I don't care about what some hot headed jock who used to run Fear Factor 15 years ago has to say.
Dave you are the greatest.... since I started listening to you in six months I paid $60000.00 now the only debt is my house. Thank you sr.👍👍👍👍👍
how on earth did you save up 60,000 in six months?
Could have negotiated some debt too not just shelled 60k
Or like many sucess stories in the show they make six figures lol
Beans and rice 😂 jk jk
👏👏👏
I’m 22 and worked two jobs and paid off my school! All by listening to Dave and sticking to a budget!
Dave, I’m a theistic agnostic who has followed you for years. (And yes, I’m one of the “kiddos” that discovered you here on YT when I was 21; I’m now 24.) I loved what you said about how one’s moral code is inherently spiritual, no matter what set of faith beliefs (or lack thereof) it comes from. Your principles are applicable to everyone, not just Christians. Also, you have the right to express your beliefs through your work since this is still the United States!!! If the haters don’t like it, they don’t have to view your content!
Thanks to you, I have a plan for my future and have gotten rid of the victim, “little guy can’t get ahead” mentality you mentioned here. Thank you for everything you do, and those of us who seek wisdom will always appreciate our “boomer” Uncle Dave. 🙂
Lol Very nice comment it was so nice that the little Boomer Uncle Dave comment was funny! Lol
Excellent
blueowl89 how funny. I’m 33 and I refer to him as uncle Dave as well.
@blueowl89 My story matches yours almost a 100%. No regrets.
I hope you find Jesus :)
I had a kid while in college. Married his mother, we have a second kid (daughter), I am a musician, and I make a lot of money xDxDxDxDxD, and thanks to Dave, I have wealth. Thank you Dave for existing!!! An thank you for sending me your book thought your friend Scott Hunt :) he did a cruise in Portugal where I play everyday, and we talked a lot about you, about how your teachings changed my life. I just don’t get tired of your videos, everyday I see at least one video, it fuels my spirit 🙏🙏🙏 god bless you
I’m 19, Dave Ramsey is the greatest. Starting off debt free. House down payment incoming!
Dave Ramsey is a great first step. But he is a fundamentalist to make his advice simple to follow. Graduating from him to more nuanced data driven advice is an important step.
You will also be a guiding beacon for those around you. Goodluck on your journey!
Norwegro! LET'S PLAY great job
Based on Dave’s teaching, Putting a down payment on a House is the exact opposite of what you should do. You would be getting yourself into debt
Devin actually a mortgage is not against Dave’s teachings. He is not against them as long as you put 20% down, and take a 15 year fixed rate mortgage that isn’t more than 25% of your income in payment.
Your best video yet Dave! Preaching the truth without really even preaching at all. What a respectable man! I’m with you, Jesus is awesome. People think that being Christian means cramming the Bible in someone’s ears and never messing up. The church isn’t full of saints, it’s full of sinners at the doctor. Us Christians just want others to experience the joy we’ve found. And boy what a joyous ride it is! You do an awesome job of fitting Christ into your message and still getting people to stick around to hear it. Love what you do!
Parents taught me all this before I even found Dave here. If you want it work for it, first car bought myself cash, used. College worked part time partial scholarship, didn't finish, but was debt free when I left. Live below your means, save, no credit cards.
Your so lucky ! My parents taught me nothing about anything.
My parents also taught me to live below my means. When I've explained it to friends, they act like I'm talking gibberish.
Dave keep up the good fight it is who you are. My wife found you ten years ago on AM radio. You saved us we were deep in debt nearing seven figures. We hope you pick us for a debt free scream. We flipped the script from deep in debt to everyday millionaires. I listen to you on two different AM stations in our area back to back one starts at 12:30PM and the other at 3:00PM the 12:30 show is a repeat of the day before show that’s on at 3:00. Listening while working in an out of the vehicle and driving home. Thank you Dave,
Man I wish I would have discovered Mr. Ramsey and his teachings 10 years ago! If I had the mentality that I have now, thanks to your book and videos, I would be doing even better. The good news is it's never too late.
The truth is the truth and some people don't like the truth because it does not align with their lifestyle.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@Susan8765gr However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments...
@Susan8765gr Judith Ann peace is her name.
Lookup with her name on the webpage
@Susan8765gr You are welcome .
32 years old and started listening to Dave here on TH-cam 2 weeks ago, cut 3 cards and My Mindset is Transforming by the day # Grateful
Well Dave, I’m a 26 year old single mom and a home owner making almost 6 figures!
You can break statistics with hard work and determination.
Making six figures doing what?
Oh I hear a MLM sales pitch coming! 😂 Yes honey, there are small percentages of people who are not in poverty but the chances of most people doing that are slim.
N B are you upset I’m thriving? You sound bothered!
thats good. but ramsey is talking about a roadmap to success for the general population. that having children after your married, and getting out of debt before your married, while not having children out of wedlock is the easiest pathway out of poverty and into financial independence.
glad you are a exception to the rule, but know you are the exception, not the rule. those who dont follow these guidelines tend to drain the welfare system who are a burden on society.
Soaring Grasslands I’m not dense i know that! My comment was for people who aren’t following the road map and are watching this can see it’s 100% possible if they truly want it!
I’ll start a new rule! HARD WORK beats any statistic!
I thank the Lord that I found Dave here on TH-cam! It's a real life changer and plus I continue to listen so I can stay Motivated and stay on track. I CAN DO THIS! I learn so much and thank you for the callers that are brave enough to call and tell their story. Most importantly THANK YOU DAVE 😊 I APPRECIATE YOU!
I was 23 yrs old working 60 hours a week, made 70k, but had 14k student loans, 3k credit card debt. My boss let me borrow his truck and dave Ramsey was the voice on the CD he left.
Now I'm 30 and worth 600k. This stuff works. And most of it is what used to be known as common sense
My husband was 17, I was 16 when we had our first baby. We had four kids by the time we were 25. We went to college, both have bachelors degree and make high middle class income.
We have just a house and car for debt. We’ve used Dave’s method to find a way to save as our parents are all on social security and never held a job for more than a few years. They are all great people and we love them dearly, but we will be caring for our parents in their old age.
Thank you for teaching us what our parents couldn’t.
Dave is such a wise guy, love the show.
As someone that's agnostic, I don't care about the religious references that Dave makes in his shows, and I just brush past it. It doesn't affect me one way or another if he quotes the Bible. It's the steps that matter to me and I already have the knowledge I need from his book, but I just watch the videos to keep me determined and inspired.
Same. Glad to see many of them on here being pragmatic and picking what's really on offer here!
👍
👏🏼👏🏼
Same here.
This was an awesome word: Belief dictates behavior.
Coming from an atheist I have to say this was extremely well worded and respectable. I don't believe in the bible but that doesn't mean it doesn't have good lessons. I have so much respect for Dave and his openness to talk to anyone and help anyone regardless of their personal belief. Thanks for the advice throughout the years and I'll keep returning for more!
Great advice Dave. Also I wanted to mention, and you've said it before, that taking money out of your retirement plan doesn't usually provide you with the level of pain necessary to change your lifestyle and spending habits for good. There was not any pain in earning/saving that money because it was such a small amount or matched over time. Most people go back in debt when taking short cuts. Take his advice, it's really simple and is stuff we all should have learned in high school if not taught by our parents
I'm an atheist but follow the Ramsey finance principles.
Math doesnt belong to any religion
@@Quarantina237 Most tithing is basically membership dues to a religious themed country club. Banging music, coffee cafes and short term poverty themed vacations to already Christian countries to build things that skilled workers have to redo isn't always the best idea. Some funnel money into antigay groups too. You can be charitable in other ways that may have a much higher impact than local congregational giving.
Same
yeah same here, these c=bible stuff isnt all that annoying,
I’m agnostic but I love your vids Dave! Thanks for sharing your knowledge and helping so many people win!
I agree the “old fashioned moral things” are so important. I believe in them heavily and I love that this is here for people to see
I believe that research 100%. My sister is impoverished has three children and never got married. She is stuck in a Perpetual cycle of poverty especially since she has no education in the side of school wasn't important after having her first
I’m 33 and my mom lives in my paid off house.
You are a good man.
Impressive
How ?
Can't she get her own place?
And pays you rent?
Is so true!! My wife and I we was in debt 8 months ago, thank you God We stared listen Dave Ramsey and now We are debt free, but decisions are our, like he said he only teach us how!! Feels so good!! GOD Bless you Mr Dave 🙏🏻🙏🏻
As a millennial, I completely believe in his approach. I especially like the 'snowball' method of paying off debt, specifically student loans. I've already paid off 3 small ones and feel like the rest will be easy! Thanks!
Dave, i was in Brentwood and drove by your headquarters and a friend of mine jumped out the car and demanded for me to take his picture infront of your sign lol (he lives in Alabama). I became curious of who you were and then became hooked on your financial wisdom. Been watching ever since!
Boomer!!! Lol we Millennials love you Dave ! Thanks for all you do !
Thank you, Dave, for always preaching the TRUTH. Our world needs more people like you, not the opposite. 🙏
Dave you are giving advice that most parents should be guiding their children to. Even older youngsters still struggle.
“Old-fashion stick-in-the-mud Boomer!”
😂 WHY DO PEOPLE HATE SO HARD?!
😂😂
People hate because they are jealous. Boomer is such a lame term
People are buying into the millenial liveral yolo life style. I want me a conservative man to build a successful life together.
@@EAAAA1505 You are correct
People really need to learn that you don't have to agree with 100% of everything someone says to get some benefit from listening to them (in general). I'm pretty liberal and don't follow any specific religion - I learn things from people with different views than me all the time. There are a couple of things I don't agree on with Dave's plan but I have learned a ton listening and his show has helped keep the motivation going while I paid off my debt and saved up an emergency fund. Thanks Dave. :)
Thanks Dave Ramsey. I love what you've been discussing and teaching here. I will be on my way to financial freedom, to be able to generously give those who are in great need. God bless and more power to your show!
I am an islander.
Love the way Mr Ramsey preached about biblical principal in how to spend give and invest.
Also he encourages to pay off debt first.
Onced our aunt says" PLEASE LIVE WITHIN YOUR MEANS"
My son is 6 and knows who Dave Ramsey is and told my 8 year old nephew that credit cards are bad lol
Dee A. Credit cards are not bad. Buying items that you can’t afford is.
@NurturingTalents
I think about every purchase I make lol. I have a calculator in my head and decide if something's a rip off or not.
Dave Ramsey honestly doesn’t think credit cards are all bad, but he preaches not using them because he knows MOST people don’t have the discipline to use them properly. So it’s better to just not have them at all.
@@ssp287 I explained to him that's what a credit card was. Buying something with money you dont have
We love our credit card. We don’t buy any extra because of it and use the point perks to roll into the debt we have. It consolidates the money going out and always gets paid off. Never paid interest on it. Has skyrocketed my credit score and maintains it. As soon as I call them up and cancel it I loose points on my credit score... no thank you!
I agree so much Dave! 👍🏼 I'm 23 and I didn't start winning with money until I changed my beliefs about money! 💯
I love that you're Christian! It made me believe in you even more because I know your resource is legit and reliable!
I started following Dave Ramsey when I was 21....an absolute game changer for my life
*his shirt matches his cup* he planned that
Black Vito - Moneyology he always has that cup tho
@@kevinyoung947 🤐 keep that between me and you
@@Je.rone_ Good eye young man! 😏 👀
Had to lol
@@kimoramicheal8353 👀thanks 😇
My parents listened to Dave when I was a kid. I randomly found him on TH-cam a couple months ago and was like, he’s still around!
Great advice on having kids after being established. I'm 59 and still holding off on having kid's - too busy enjoying retirement.
Glad you're having fun!
If I had known how much fun grandkids are, I would have had them first. 😆
"What We Think, Determines What We Believe. What We Believe, Influences What We Choose. What We Choose Defines What We Are. What We Are, Attracts What We Have." Jim Rohn, The 5 Major Pieces To The Life Puzzle.
Dave, can you please run for President?!!
Agreed. But there would be an uproar because everyone is used to handouts
He would lose. The majority of people want tax payers funding their life from food to insurance.
He already said no 😂 tbh that job sucks.
I'm glad the TH-cam channel is able to reach all the young people like myself. Thanks Dave.
Dave just RIPPED every hater. I’m a TH-camr and definitely will eventually have to make a rant video like this to my haters
Gen Z : Dave your just an old fashioned stick in the mud boomer!
Dave : Duh!
Me : this man 100% deserves his cult following 😂
Not a very successful cult leader. He teaches people to keep more of their own money, and to be self-reliant and disciplined in their lives.
I’m Gen Z and i think Dave is great
Thank you for properly identifying the generation - a lot of people use "millennial" as a catch-all term for all young people, when in fact the oldest millennials are almost 40. We're not kids. ;)
Cult your actually stupid and broke
Dave, I love all of your bible stuff! You couldn’t be more right about these statistics and how your moral code can impact your financial livelihood. Keep it coming! Amen!
I'll still listen to you Dave, even when I know you're out doing lines of cookies
I’m 22 and I love listening to Dave Ramsey. He speaks of a philosophy I already had before I started listening to him but he helps me actually IMPLEMENT that philosophy into my life and behavior. I recently graduated college, am about to get married and buy a house and have $25k in savings. It’s all hard work and living below your means. It’s all about driving an old car and cooking at home and not going to expensive vacations.
Dave is extremely wise. People who disagree with his philosophy of financial independence are the ones that refuse to live below their means and refuse to give up things that give them instant gratification.
I'm 25, live on my own, and am non religious. You can dave ramsey with out the religious part. Instead of tithing when I get out of debt I'm going to donate to a animal shelter.
Virginia Kingsford Dave is a Protestant and I am a Catholic, but he has helped me a ton.
Well stated. You can most definitely follow Dave's principles without necessarily imbibing the religious part.
Follow the data, not the dogma.
@Somewhere Down The Road
You don't have to follow either the Bible or any religion to know that Dave Ramsey's principles of *saving* are sound. His *investment ideas* ? That's a different matter, and I disagree with some of them, such as his absolute refusal to take on *any* debt.
Debt, like alcohol, by itself is not inherently good or bad. It all depends on how you use it.
@@ArmageddonIsHere Yep and I'm sure that Dave himself knows that not all debt is bad. However, very few people have the discipline and the knowledge to use debt to their advantage. I think that's why he teaches against it. If he didn't, there'd be somebody calling him a fraud because they would insist that they followed his advice and wound up filing for bankruptcy when in fact somewhere along the way they messed up.
@@misspriss2482
Yes, you got a point there. Not calling Dave Ramsey out, but just saying that listeners need to use their own brains and judgment too.
Congrats, Dave. I have learned quite a bit from you and you have clearly blessed many lives. Financial freedom = life freedom.
Wow, Dave is a TH-cam star... I never thought I'd utter those words, lol.
This one was more like a sermon...and an outstanding one at that. I think this is the best podcast I've seen him do!
I’m 22 and live in my moms basement lol. I’m very motivated and love all of Dave’s content though
Basements can be cool, stay motivated.
Think of all the money you can save
bigshoe84 think of all the money you could save and Actually save it!
Dave is teaching what he understands, the way he understands it. That's all anyone can ever do. If you can't filter out the stuff you don't like and just pay attention to the lessons, you're going to struggle very hard in life. Everyone has something to teach and there's always something to learn. I'm an Atheist and I don't mind Dave's methods in the slightest.
Married mother and father is the key to a child's success end of story.
I believe a stable household is the key to a child's success. My parents were never married, but at no time during my childhood was I unaware of the rules. I knew I was expected to go to school, get the grades, get a career, be independent. My dad isn't particularly religious, but as a child he told me if went on welfare, he would disown me. He loved me and made sure i knew it. Stability, love and good values are what matter.
I’m 23 and I couldn’t agree more with the morals you express, the biblical thoughts and financial beliefs go hand in hand.
It’s not a coincidence that people with low morals struggle.
I’m 24 years old learning from the man Dave Ramsey.
I love this Guy and this program he just tells it as it is. I watch on TH-cam From Melbourne, Australia..
Belief changes your life!!!
I’m a millennial and this video is absolutely gold, I 100% agree that a majority of it IS behavioral. The habits we’ve created for ourselves are hard to break I admit, however we have to live like no one else so that later we CAN live like no one else. Thank you Dave! I’ve been following your for sometime and currently on baby step 3 🙌
Based on listening to DR for a couple years I came up with what I think is a synthesis of the various stages of belief/personal development:
Stage 1: The world happens to you. You have no control on your life and everything happens to you. It is very easy for things to spiral out of control, as you don't know how much control you have.
Stage 2: You have a significant impact on the direction of your life and can take control of your future. You begin to learn that your choices have a significant impact on both the good and bad things that happen in your life. You learn that by making good choices you can make your life better.
Stage 3: You are part of a community and the choices you make have an impact on those around you. Making good choices means making choices that have maximum positive impact on yourself /and/ others, and also minimum negative impact on yourself /and/ others.
Stage 4: Help others. Giving and helping others to maximize their own greatness, will in-turn maximize your happiness/fulfillment.
Mr. Ramsey, “brother if you don’t keep spreading the that you believe in and know to work alongside with you do” 😂 I wouldn’t even repeat what others say. Your doing great work keep sharing that! ✊🏾
I enjoy the you tube videos. I've learned a lot about budgeting and discipline with money. I dont agree with everything but the financial steps are on point to have success with money.
Thank god . Good old wise man giving advice is still a thing
this is hard research, because you can also invert it. The chance of having had a baby at a young age increases when below poverty line. Which causes what? being poor leads to bad decisions, or bad decisions leads to being poor?
The Dave Ramsey show is alot of my TH-cam time now. I hope I can turn my young nephews onto Dave Ramsey ASAP.
Sometimes youtube suggests things that are good for me, like Daves channel. Im not complaining.
“Pretty agnostic except for its conclusions”
Beautiful!
7:13 I’m a proud Muslim, and Dav said it all. Morals are basically spiritual beliefs. Tick ✅
I'd like to point out that all of the data he cited was correlational. Causation can't be inferred from observational data
Seems rather logical though. High school diplomas tend to be minimum standard for well paying jobs that aren’t in the trades. Kids are an extra burden time and money wise. Having two people share expenses especially those who are committed share the time and money burdens of having a child. Having a child later in life means building up savings.
Sure, as a researcher you shouldn't definitively state causation (responsible) but observational data can be a great tool. People are free to ponder the variables that played a role: maybe it was income, education, IQ etc. In this case I would argue Dave is displaying data, and it's the viewers responsibility to understand he has a certain world view and to use their critical thinking skills.
Though I'm glad you pointed it out, I thought the same.
Gleam whatever you want from the data, I worked in an government food program decades ago, 99% of the participants where very young unmarried women.
Seems so easy to win after you have. Today I think it is actually easier in many ways.
Young people seem so stupid in behaviors but I am not sure I was that different at times.
I was successful in many ways but painfully I was also essentially financially broke at 44 in 2008 with poor credit history.
From 2008 to 2018 I became a millionaire at 55 by saving and investing in stocks and real estate.
WHY
We can not always pinpoint all the reasons why it did not come sooner. Now I think I could have achieved the same success 15 years earlier. We do not always remember what we did not know and when our paradigms shifted. There is something about being ready to receive success when it presents itself and the hustle, risk taking, and obsession it takes to get there.
A very encouraging word. Rebuilding from nothing at 60.
Hi Dave, thank you for your show, you've changed my mind about finances and marriage.
Found you on TH-cam. You're doing God's work man!
*The sooner we realize the financial dangers of ‘lifestyle inflation’ the better off you will be financially. Financial success boils down to one word: Discipline*
Very true...save for a rainy day and think ahead instead of just tomorrow.
I think saving more and the FIRE movement are slowly becoming very popular among young people. I understand why my parents are broke, they did not have the tools we have today to educate themselves.
Well Dave, im 24 got married 2 years ago and have no kids, my wife and I make about 110k a year... but im agnostic and dont follow structured religion, i think you're right that no matter the religion its about your belief. Make logical, strategic moves motivated by success and the desire to be wealthy. People should respect one anothers religion and not bash on people so much just because they believe there's a god. Your baby steps and advice are great 👍 keep it up 💥 boomer 💥!!!
Also, my wife and I are getting out of debt with our cars, and following your program
I don't think that anyone disputes that factors like teen pregnancy, failure to graduate high school and having children out of wedlock are strongly _corellated_ with poverty, they merely assert that the relationship is not _causitive._
To put it another way, if you're not together enough to use birth control and pass high school, the chance that you are nevertheless together enough to put together a budget and live within it is pretty slim. Poverty, unplanned pregnancy and a lack of basic education are symptoms of a common cause. Dave actually puts his finger on this common cause @3:45, "doing whatever the flip you wanna do".
You’re a legend Dave.
Every year or two I have a behavior adjustment that improves my financial situation. I've had the knowledge for years.
Yes we are some kiddos 😂 I am 21 and I appreciate your words of wisdom!
I'm not a Christian but believe in the similar financial principles Dave is talking about. I agree with Dave on getting rid of debt. I was much more content and had a bigger bank balance when I didn't use credit cards (and bought a house without analyzing my income to mortgage ratio)
"You are 22 and you live in your mother's basement" 😂😂.
It’s all up to us as young men in this generation to change our generation with in our self
Even as an agnostic atheist, I can say that Dave's videos have made me appreciate the modern applications and value of the Bible. So many parallels that can make you a better person if you check your pre-conceived notions and post-conceived ideas at the door.
im 27 and i appreciate you. God bless
I couldn’t stop laughing when somebody called him a boomer
I'm not a Christian but I love listening to Dave. The value you get FAR outweighs however much you may get annoyed about the religious stuff. Plus they're still good lessons.
Love it. Secret of the rich is there is mo secret. I'm excited to start trying to use some of your advice this year and get my finances back on track now that I graduated school and am starting to work in my profession.
*no
Come join us on the Dave Ramsey Facebook group! We have a strong community and we all work together! :)
Dave you are the best! Because of your show and book I start getting out of debt...one more year on rice and beans left lol.
THANK YOU SIR!!!
Dave is like a white Morpheus from the matrix
Clorox Bleach Nah
Dave thank you for your advice and counsels.
If you sow seeds, perhaps some will germinate into plants.
Some of the plants may grow into trees, some of them may bear fruits, but some may bear hundred folds of fruits.
IF you dont sow dont expect even a single fruit.
Doing the debt snowball, raised my credit score 130 points in less than 6 months - great stuff