The "Math" To Becoming A Multi-Millionaire - Dave Ramsey Rant
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- เผยแพร่เมื่อ 21 มี.ค. 2023
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I absolutely LOVE the Dave and Jade combo. She’s amazing and I love that she doesn’t come across as timid around him like some do. They play off each other beautifully
Any combo with Dave the best.
Exactly She has her own voice & I love that! Love ❤️ you Jade ❤
Man man man, am I glad I met Dave! The way I’ve been grinding hard to pay of debt and motivated, it’s beyond me. I am more than grateful.
Sticking to a plan feels good when you get going. It feels bad when you stray from it.
It should feel bad, it gives you a reason to stay on the plan
Truth!!
2:40 SHE NAILS IT! So true that they shout to us “you need to rely on others. You can’t do it on your own.”
Most times I rely on others, I end up doing twice the amount of work that I originally had.
I love Jade. She is real and tells it like it is! Love her a Dave together!
The ability to delay pleasure defines everything in life
Delayed Gratification changed my life.
I think it is the line between success and failure. If you think about further why we want to live on a pleasure island it is definitely an illusion.
May be in US delaying pleasure leads to something different. In Russia it is well known that "everything will be good, I just have to endure a little more" leads to a life of suffering and gratification never comes.
But it's true that it defines everything in life.
Jade is a gifted young lady that uses her voice of wisdom ❤️
Dave, thank you for being a consistent over the years. It feels like logic has slipped away from culture and you’ve been something of a “North Star for a lot of us. So from the bottom of my heart. Thank you.
Now a days people think 2 5,000+ vacations, brand new nice cars, 3000 square foot homes, coach purses and Louis bags, eating out are necessities and entitlements
@@ryanlowe509 Move out of your blue state.
I think he is the true american value that we are missing during this time of the year.
@@ryanlowe509 it is completely the opposite of what I know America
everyone wants to live that luxury lifestyle that's the problem
U just motivated me omg living beyond my means is killing my family
we need money to build a life if we only care the stuff we always forget what is important to our lives which is the people that we care about.
I miss solo Dave rants
I do miss solo Dave sometimes… those are classic.
Yet he ruined his own show by adding these co hosts. Talk about irony.
I did not hear about Dave Ramsey until I was in my 60's, but my wife and I did most of what he teaches for many years. Live below your means, pay off debt, save an emergency fund, buy a house, save for retirement, make investments. Pretty much everything he teaches is right.
But at a deeper level, it's simpler than that. Be content with what you have. Don't envy your friends or neighbors for the things they have but you don't. More possessions won't make you happy, but a good relationship with God and with your loved ones will. Yes, be prudent with your money, save, invest carefully, but mostly it's trust in God. God has taken me from poverty to wealth, and he has added no sorrow to it. If you asked me exactly how I got here, I could not tell you, except it was bit by bit, and it was God who did it. God is my financial planner. If he can create a universe, he can watch over his servant.
Exactly he can watch over his servants.....
Contentment and avoid jealousy/Envy.
Beautiful and encouraging ❤️
You sir are Wise and very grateful. Thank you for those words !!!
Well said!
Personal finance: 20% head knowledge, 80% behavior, and 100% personal.
knowing the right knowledge is hard enough but practicing is the hardest but it is the most important
That’s 200%
Just like maintaining your weight. It’s all in your behavior.
I actually find the Dave/Jade combo the best
I’m a Jade fan also
They make the best combo on the show
No it's not. Dave by himself is the best. No combo.
Saamme and George + Dave
@@thepinayminimalist George and Dave are awesome combo
Dave is right. I'm so glad I studied accounting. Even though I was a bad accountant, the aspect of an income statement still applies in personal finance. Make sure your income exceeds your expenses and you will make financial progress in your life. Plan and prepare for catastrophic events, keep your debts low to none at all, increase income and earning potential and buy assets that get you richer once you have done Ramsey's baby steps. Discipline people!!!
I live this segment. Yes, I believe math and discipline is crucial in financial management success and add maintaining your weight as well.
I love these two. Keep telling it like it is to us!
Jade didn't add much. She just iterates everything Dave has said before.
@@Primitive_Code Jade is amazing on her own or with Dave. Why hate? She’s a clear alpha who doesn’t play games & to some (probably you) that’s intimidating
Personal responsibility and delayed gratification - two things that so many people today run far away from.
No they are under paid for their expenses. A person making $600 each month is almost always going to loose to those making $1,200 each month. But at 600 they can not even buy all the basics like healthcare nor transportation....
@@donaldlyons17 both are true
...and for a good reason!
Yes to another Dave rant!
He is living in his world but something is wrong with is conclusions because he ignores how money had a math component. Everything about him suggest he know he has to sell to make money but he does not tell people "selling" is where money is made. Having a plan means nothing without the income to support it!!!
@@donaldlyons17 …you’ve missed the entire point of his teaching. FIND THE MONEY. GET 50 JOBS. Get a BETTER JOB. You’re yelling about nothing
@@OopThereItIs77777 I think critically and know his statements don't always make sense. Also if you have to "find the money" that is the key issue because everyone will not be able to find money obviously!!!! In me experience anything and everything will not get one paid!!!!!! It would just be better to be honest and not to ignore factors and reason why it will not always work.
@@donaldlyons17 It does always work though. It may take time, but it does work & yes everyone can find the money. Everyone can deliver pizza, everyone can drive Uber, everyone can babysit, everyone can do things online, everyone can work more hours…it’s reductive tropes what you’re saying.
Great advise as always
very very good advise as always
Uncle Dave , stay Blessed, stay Blessed
Every time I get tempted to buy a new car I tell myself I deserve it but then i tell myself I also deserve to be debt free
gonna be so happy when I buy the next car in cash
Same here 🎉
Great thought 👏🏼👏🏼👏🏼
Buy a nice used car with cash
“We don’t sell magic beans 🫘 here!” 😂😂😂
doing the most simple thing and get to your goals are the magic beans.
They're selling beans and rice. I mean the idea of it.
Dave R. made his first million in 1986. Adjusted for 2023 inflation that would be $2,744,890.51.
Mr Ramsey since when since what year i have been looking for you and telling you yes
I love that - "call the wambulance". Thanks so much to Dave. Be an adult and put together a plan.
I miss the days of Dave giving rants uninterrupted by Jade. Bring back the old days.
We need a dave solo episode for the good ole days
I just found out about daves new show. Yall should go check it out its wayyyy better than this stuff here
She said allot of truth from the jump of this clip that applies to life in general
I think jade has some wisdom. She paid her stupid tax and she knows the biz
She is so energetic
Papa is hysterical with the donut example. 😂
Now I want a Boston cream donut
Dropping Luke 6:37 because we all can working on not judging. ❤
I just don't like working more than 20-30 hours a week so I'm cheap AF 🤷
I'd like to see the baby steps of the Ramsey Solutions Weight Loss Plan
Consume less energy that you use.
Rice and beans, beans and rice
Rice and beans beans and rice
Someone give the man a donut lol
step one: earn money.
step two: don't spend it all
step three: profit!
Most people don’t earn money. They earn currency. Then they save the currency which eventually becomes worthless paper.
Invest
@@andyc9902 Stocks, bonds, and low growth mutual funds are for all practical purposes dollars. You buy them with dollars, you sell them for dollars. Investing is the same as saving currency. You run the risk of substantial losses as governments destroy the currency by inflation.
Our why is that we want to be a blessing to others. We’ve been fortunate enough to have people in our lives that have helped us and it makes me that much more grateful for all of our blessings. I want to be able to help my children and their children or anyone else that needs help.
The entreleadership podcast is now the best because it’s old school Dave by himself. No offense to any of the personalities but Dave solo is by far the best
Absolutely brilliant.
Dave when are you going to Perth Australia?
Too much month at the end of the money 😮
Love this. Dave needs a
"I live like noone else so later I can live like noone else"
shirt. This isn't for everyone
Will Add, the main things in life that will keep you poor (from what I see with my friends) is ONE... buying nice cars/SUV/Pickup and TWO... going out to eat all the time.
You sure the issue is that they don't make enough money to afford all that and yet still avoid poverty? In my experience the poorest people I know almost always were either very under employed or had bought too much (child support and alimony). People in those positions can't all even afford to pay $200 a month in rent which was cheap back then and very cheap now so not sure how "buying nice cars/SUV/Pickup and TWO... going out to eat all the time." keeps people poor?
But used
You have absolutely no idea how much less angry I would be if I had ever even been connected to anyone with that kind of life that they can afford to go in debt........ Only rich people and middle class can afford to have a car loan or justify spending money on any extra food. The rich in the middle class are not the majority it's been that way for decades and decades and decades.
This is what my friends say... I only live once.... I'm worth it..... Can't take it with you..... etc... Statements of LOSERS.
True
No some people intend to enjoy their lives because they have different priorities. People don't all value the same things nor do they all have the same goals nor do they all have the same abilities.
@@donaldlyons17No one who is broke is enjoying their life
@@dog7881 True but some people enjoy spending. Some people have to spend to have fun.
Then why do you hang out with them, loser?
That's right on. The math part is easy. The hard part is keeping your brain on track!
No the math is the hardest part. Think about it how can it be the math does not matter to the exclusion of everything else when the most important wealth building asset of the vast majority of people is their income. That would not be true if the math were not more important.
@@donaldlyons17 Didn't say it wasn't important, but math is the easy part. It takes a few minutes to do the math on how to become rich. Most people can't do it because they can't take the steps necessary emotionally. It's not math that keeps people broke. It's emotions and mentality. It's the human aspect.
@@wealthbytes After living with people making all different incomes I can say for sure that math is the hardest part. The reason is because with the math the limit of what they can do is defined by math!!!! Many people calling the show have an income issue where they just don't outpace expenses.
@@donaldlyons17 That's not a math problem. The math is very easy to do, which is why Dave indicates it's learned by school age. The problem is people don't make the necessary changes to fix the math. That's a mindset change which isn't the same. Anyone who has been in debt can tell you that once they changed their mindset to understand the math and fix it, that's when things start to change. I don't agree with Dave Ramsey on everything, but this I do.
@@wealthbytes "The problem is people don't make the necessary changes to fix the math." While this is true "fixing" math is extremely not simple in part because it can not work for so many reasons. Mindset really only matters if the conditions are right for it to make a difference. You do realize that getting good paying jobs often requires post secondary education which is both expensive and difficult to obtain!!!! "That's a mindset change which isn't the same." Mindset normally does not make people richer than than incomes in my experience. "Anyone who has been in debt can tell you that once they changed their mindset to understand the math and fix it, that's when things start to change." Even so just because something worked years ago does not mean it works now. In the past could live on $12 an hour ok but now even $14 seems not to buy the same.
Let's go Dave Ramsey!
Let’s Go Brandon..
Its not adults that devise plans and follow it. It is successful people that devise plans and follow them. People who are not successful dream but do nothing to achieve those dreams which is why they are dreams and not goals.
Jade tried twice to tell her story of how she did it. Dave interrupted. It baffles me that he has cohosts. Every cohost he has, he talks all over them. He’s got great insight and value to add, but that doesn’t mean we don’t want to hear the cohost. Lower your ego a little Dave
It's Dave's show lol
He wants you to pay bro lol
@@Sinful_Survivor if he feels his cohost doesn’t have value to add, why have a cohost?
It’s his show and she has told her story many times already if you’ve followed the show
@@WeBeatMedicare6969 I’ve followed the show and heard his story 6,385,910 times. I’ve never heard her story, and because Dave is too arrogant to shut up , I may never hear it. I love his insight, but I value others insight as well. If you watch or listen enough and watch how he constantly interrupts, it’s annoying
Dave , I love your new partner ! Nice change !
What if you don't have anything I haven't had anything in a while someone told me do something with cars so okay. I like music too love it but I don't know much about cars so and I like there insides. 😂
So if i make 40k a year and spend 20k when exactly do you become a millionaire in 30 years it's 600k assuming you made some smart investments maybe you could get it up towards a million
The Marshmallow test.
You have to save and invest but not to a point you miss out on life....what's the point when you are old and millionaire but your youth is gone...now you have joi
nt aches, you are frail but have a lot of money.
At least you know you benefited your family tree. The pain might ease with the knowledge of providing for future generations of your lineage.
it's amazing the number of people that you try to tell this to and they simply don't get it
Because unless the conditions are right it is not possible!!!!!!
@@donaldlyons17 here’s one now
The arrogance with this guy is insane! He filed two bankruptcies and still bragging his wealth!
When did he file the second one? Or are you just a liar?
No why… no try!
Jade is the best hype man!
She is good with timing!!
Help Me Please. I Am Great At Saving. I Save For Years Then BOOM, Houses Rise In Price. Also, I Keep Getting Laid Off As A Union Electrician With All Certifications. I Am Desperate And Scared What Society Is Gonna Do To My Financial Goals. What Do You Suggest?
I would say to not put all your eggs in the basket that has been known to fail you. Pick up side work. Start a side company. Invest your extra cash. Make your tomorrow better today.
For how long i have been telling yes. By now you may know who i am.
One big thing that sucks people down is that we tend to overspend "for our kids". We take them to every after school activity under the sun because all the neighbours are all our friends with kids are. We buy nicer cars than we need because we want the bells and whistles and the nicer family cars cost more than double the entry level models. I would argue we also get bigger/nicer homes than we need but housing tends to appreciate and provide good returns so that's not necessarily a bad investment. Personally I'd rather rent the cheapest thing my family can put up with and invest my surplus funds on something with either higher yield or higher expected capital gain.
The way to get rich is to make lots of money.
And spend less than what you make. Save, Save even if it's a small amount. Decide how much to spend and on what. Self control. Listen to wise ppl who have become millionaires.
Brilliant
And not lose it.
No one needs Jade!!!
Me too Dave!! 30 lbs lighter!!!
One thing with Dave is I think found out that Jade is great at rants, so he sets her up and she carries the torch of yelling.
Please take me out of the circle.
Jane is all over the place with her history story of a college handout scholarship yet 250k in debt. She could never walk the talk!
Maybe because you're mixing her and Kristina up...
You don't even know Jade's name!
Sus
Common sense
when it comes to delayed gratification most people only see the delayed part and not the satisfaction at the end.
There is not always satifiaction at the end. With money it is possible to do everything right not make enough money to buy stuff. I think the issue is likelihood not delayed gratification.
C'mon Dave, ." I eat out anywhere I want ...." Time to stop doing that!
That is the type of talk that motivates me. I can't wait to get to the point where spending a couple hundred bucks on my family's dinner means little to me. I don't even look at a wine list...
Love Jade❤❤
Jade comes across as so fake. It's like she's just trying to impress Dave with over the top enthusiasm. Ken was like that too. It's really off-putting.
I'm not much of a fan when they are together I see a lot of tail kissing. But maybe it's just because they have similar views, when she is with the other hosts I love it because it's like a second Dave. I think every segment should have at least Dave, Jade, or George.
Nobody made you watch.
I swear half of the commenters here aren't here for personal finance discussion.
@@scarpfish I'm definitely here for the finance questions, that's why I enjoy Dave, George, and jade. I feel Ken is more of a work/passion person vs finance as well as John is more emotional/mental approach never really towards money. And Kristina and Rachel I don't even know they just like to talk about what's going on, or college
@@scarpfish Nobody made you read my comment.
I swear half these commenters can't take their own advice.
@@r.rodriguez4991 Apples and oranges.
I do not have too much time for you 🤔
Finally the term "multi"-millionaire . A million only gets you to age 70.
You shouldn't even be retired at that age! You should be WORKING FOR YOURSELF at that age...
@@amireallythatgrumpy6508 Not sure what you mean. I'm 62 and plan to spend six months sailing on my big sailboat that I've earned. If you've ever sailed a 60' boat with one crew, yeah that's working for oneself - in the best way.
The problem is no 6th graders see this, much less understand this video. Otherwise we wouldn't be in this mess.
✝️🙏
Buy my book, go to my college, and listen to my certified people and you too can become a millionaire!!
And put in the work over a long sustained period. That's the obstacle right there.
@@b-rad-3849 yeah and these course sellers.....
You can eat donuts, my rule is just to eat a women’s portion at dinner and then I can afford eating the fun stuff. I’m fit and healthy. Mind you I am 34 so that works for my age group.
What if the whole life policy is paid off?
Jade: um hu, Yeah!! Um hu ! Yeah ! Um hu ! Yeah!!! Absolutely! Bla bla bl! Yeah!! Yeah. Absolutely! Um hu! Yeah! My story of half a million bla bla bla!! Um hu ! Yeah! Right! Um hu! Shakes head!
Sounds Scriptural.
You don't say.
I have a good idea for a new Ramsey personality/replacement for Dave when he can't be on the show for an episode. Train an AI model on Dave's voice, then train a large language AI model on every single thing Dave has ever said, and then combine them and have the AI take calls. The Ramsey personalities are parrots anyway, may as well just have Dave at the wheel for everything.
I can’t stand jade, she interrupts everyone
The best thing u can do for the poor is not b one of them
Just stop being poor
I hope i can become a millionaire some day
Quit hoping and start planning
i would be happy even have $300k or $400k i wouldnt even need millions,
There's an auto correction error in your statement.... delete "hope"!
most people will (who don’t have debt) at these inflation rates 😂
Start Coursera
❤
Every other host is just a bobble head for whatever Dave says and thinks they’re offering anything to the show. Cringe.
Get rid of Jade
Why don’t you give financial advice instead of common sense knowledge and direction? Break down how you can get your foot in the door in real estate, trucking, franchises, small businesses, etc. People need more than just “spend less, cut people out of your life”
Cause like magicians, rich people never reveal their secrets.
If it gets too complicated why would anyone listen? I think many want simple explanations not truthful complicated explanations.
It's a financial channel. They don't do self employment or business talks.
Don’t wait to be told how to do a specific business, study it and figure it out yourself.
@@philipgerry5228 If they have to figure it out for themselves what is the point of Ramsey Solutions? Why don't you suggest to Ramsey and company to stop selling books and selling a course and offering a show and let people "figure it out?"
I love all the Ramsey personalities except Jade. I am so sorry. She tries too hard and extremely annoying. I can't help it.
Jade is the best Personality.
I personally think John tries too hard
Definitely
I would imagine it’s difficult for her to work beside Dave. He’s very traditional in his values, she’s very strong and independent.
I like John but yes I agree. It is probably hard to work right next to Dave
Losing weight is just like becoming a millionaire. You know how to do it, but you don't do it.
So Dave, when are you going to become skinny and rich? If you make being skinny AKA being more healthy a priority, then it will happen but it's not your priority.
Why don't you make it your priority?
You can eat the same amount and maintain your weight whether you are 230 pounds or 170 pounds. Make it a priority push away from the table for a few months.
He's certainly rich.
First
Thank you for using this opportunity to share excellent and useful information. 🤦🏻♂️
@@GSR978
no you did not
@@GSR978 yes that’s what TH-cam comments are for !!!