5 Signs You Will NEVER Become Rich One Day!

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[@andrewheffel3565]

When I was young I made too many mistakes and I had a lot of bad habits. But by my late twenties I got sick of failing and gave up my stupid ways. I got serious with God, changed all my friends, started going to church, and did an about face. At age 32 I was given an amazing opportunity to go into business with a friend, and I took that opportunity. God was with me, and I worked harder than I thought I ever could. Over time, everything changed. I made good money, saved, invested, got married and had children. My wife and I are worth several million and have lived a good and happy life. When the good Lord is pleased with you, he guards your way, and gives you the desires of your heart.

[@esco4798]

Amen brother 🙏

[@andrewheffel3565]

@cfjen3345 So sorry to hear that. Strange, the opposite happened to me. I grew up in an athiest family, and my mentally ill father totured me. As a young adult I was badly messed up. One day an older lady told me about God and how I could have peace. I was so desperate and there was something about her words and the look in her eyes, and I believed. I had nothing to lose. Slowly I began to change, and my life changed too. May you find happiness. Religion cannot help you, but the living God can.

[@andrewheffel3565]

@cfjen3345 Good luck with your mindset, I hope it brings you what you need.

[@jloop_2008]

I bring this up a lot because it's so true, but I'm currently wearing an old pair of work boots, a 5 dollar t-shirt, and I drove to work in my 2004 Honda Civic. I also have 200k liquid in a savings account, 250k in retirement, and my wife and I bring in over 200k a year with ZERO debt. Yet, people still give us crap out our clothes and vehicles. I can't wait for the next 5 years. They won't be talking crap too much longer. 😅

[@riflemanm16a2]

Why do you have 200k in cash? Wouldn't it be better invested, with just 6 month emergency fund in cash?

[@insideoutsideupsidedown2218]

Sounds like it is time to hang out with other people

[@SilVia-hs2kb]

@@riflemanm16a2 People hold on to cash for various reasons. I was a business owner for decades, i held on to similar amounts. People have different needs, and different ways of thinking. If you ever needed a large amount of money for whatever reason, you can just go to your bank and get it. Especially when you have a business, time is money.

[@riflemanm16a2]

@@SilVia-hs2kb That's a good point. Even from an investing point of view, it's good to have cash on hand to be able to jump on a good deal. I was thinking too much from a personal finance point of view.

[@targetegrat]

I rather be financially comfortable and look like I'm struggling. I would hate to look rich but be actually poor.

[@Aziz__0]

Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. Compounding is the process of earning interest on your initial investment, as well as on the interest that investment earns. This means that over time, your investment can grow exponentially. So the earlier you start investing, the more time your investment has to grow through compounding.

[@McElvinn]

Effective personal finance management is more important than the amount of money saved, regardless of whether income is earned through job or investment. Individuals can seek counsel from a certified financial advisor to optimize financial outcomes, who can provide specialized advice and methods to decrease expenses and maximize income.

[@Blitcliffe]

@@McElvinn I completely agree; I am 60 years old, recently retired, and have approximately $1,250,000 in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, the Fin-advisor can only be neglected, not rejected. Just do your due diligence to identify a fiduciary one.

[@sherryie2]

@@Blitcliffe This is exactly how i wish to get my finances coordinated ahead or retirement. Can I get access to your advisor?

[@Blitcliffe]

@@sherryie2 Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "NICOLE DESIREE SIMON" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@sherryie2]

@@Blitcliffe Most likely, you can find her basic information online; you are welcome to do further study.

[@Debora.14]

Well said y'all! This applies to ALL aspects of life. Victimhood keeps you down.

[@chloeanderson543]

Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

[@leedavis3639]

You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, Etf's, the 11 GICS groups, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.

[@kalfmanbrown5953]

@@leedavis3639 That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on.

[@darrenphilip247]

@@kalfmanbrown5953 My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor

[@kalfmanbrown5953]

@@darrenphilip247 Having a counselor is essential for portfolio diversification. My advisor is "Trade with Ethan Grayson" who is easily searchable and has extensive knowledge of the financial markets.

[@darrenphilip247]

@@kalfmanbrown5953 Thanks for this tip. His handle & website popped up on the first page immediately I searched Ethan’s name, I read through his resume and it seems pretty tight. So, I dropped a message & hopefully he replies soon.

[@joeplem5329]

Doesn't matter how much you make it's what you keep. Most professional athletes end up bankrupt and they make tens of millions of dollars 🤷

[@ButtmanAtHeart]

To a point yes but on the low end of the spectrum you aint getting rich if all you make is 10k a year and you got rent to pay. At some point you have to get your income level up to make it

[@Dooguy]

Spot on......I made between 16k and 35k net most of my life. Its what you spend it on period.

[@Silverdragon517]

So True

[@drewseidman834]

"most professional athletes end up bankrupt" is very wrong lmao

[@marcosc7375]

@@ButtmanAtHeart obviously if you expect to make just 10k a year than that means you are making either 5/hr which is not happening anymore or you are working pastime making 10/hr but working 20 hours a week which means you are just lazy. So I get what the author of the comment above was saying.

[@obie1coby]

Jade is awesome. I don't agree with not using leverage to increase your wealth, but jade resonates. Well done girl!

[@bryanjlov1016]

Can I just say that i love Jade on this show? I can really connect with her experiences

[@nicorsar]

She has similar credibility to Dave; worked way out of a financially bad situation, and people should listen to that.

[@jackdaniels5134]

Dave filed bankruptcy, Jade didn't. One of these things is not like the other.

[@reaganpettit7031]

But she’s black

[@ethangamer3173]

I love Jade, but Dave needed to add COLOR, cuz all the other black personalities got canned

[@lthage373]

I stay from being obsessed with anything because I believe that is an unhealthy mindset. However, I am adamant about doing things right and with integrity, whether in business or in finances.

[@wittenberg5]

"I wish that you were either hot or cold, but because you are lukewarm I will cast you out" - Jesus, Revelations 3:16 "Whatever work you do, do it with ALL YOUR MIGHT, as though you are working for God not people" - Colossians 3:23

[@High5748]

I would be careful about trying to be the best in your business. Your time is the most valuable thing you own. Obsessing over a business may not be worth the sacrifice in the end.

[@nikolaig1]

It never is worth it. Thats cuases stress and health issues

[@briancarlisi2224]

Balance is key here.

[@nikolaig1]

@@briancarlisi2224 or maybe just not be like all the other pricks who own bussinessm

[@Metroidfreek]

@@nikolaig1 Makes sense why you think the american dream is dead

[@nikolaig1]

@@Metroidfreek bc 80% live paycheck to paycheck. Tell me thats the american dream? Ill wait.

[@royalredus]

I like Jade and John together.

[@grantlewton]

First clip I have watched with Jade, great wisdom and energy!

[@JakeSpradlin2]

Either believe you can, or believe you can’t. Whatever you believe you’re correct

[@carlaritchie331]

This is a fantastic discussion! I couldn't agree more with your points. So glad to see Jade again, I had been thinking of her and missing her fabulous perspectives.

[@dontworry1568]

they all say the same thing. how is that a perspective?

[@econdude3811]

Most of Warren Buffett's wealth was generated after his 65th birthday (I used to drive by his house every day to and from my job). I would say the majority, if not great majority, of people do not have the patience and wisdom to consistently save and invest, in order to be wealthy decades down the road. Lifestyle and wants take precedence over building wealth for many people, which is their right to choose

[@thandasibisi7534]

Probably true. However we are speaking in relative terms here. Fact is Warren Buffet was VERY rich by the time he turned 65. Only real question is if he was anywhere near the top ten richest in the world then.THAT should be our perspective in this context.

[@darylfoster7944]

@@thandasibisi7534 Correct. It takes about the same amount of time to go from $1M to $10M as it does to go from $1B to $10B.

[@razzendahcuben]

Who cares? Buffett has done nothing his whole life but worked. His life is not enviable in any way.

[@15KHPCLUB]

And what has he done with all that money aside from hoarding it? At least I live my best life and give 😎

[@darylfoster7944]

@@razzendahcuben and you're familiar with his personal life?

[@darylfoster7944]

I think #3 was the biggest one. More going out than coming in. Sort of the opposite of calorie management.

[@rossmcgreg6r642]

Once again, great worldly wisdom from Ramsey Team!

[@TheRaiderd27]

It really is God did not call us to be rich, but to seek him first. If it's so happens, then it happens.

[@ritaplatz5013]

❤ I just have to say that this short segment meant so much to me - thank you for calling me out on my limiting beliefs and being used by Spirit to encourage me ❤

[@robertbokke]

Tks! This vid is a life wake up call.

[@indianatime]

Great nugget for today: "most offensive word is 'they' " Also, thanks for clarifying "excellence" vs "winning"; that is a thin but very important line.

[@Silverdragon517]

Thats deep, John. Loved you in this video

[@RamblingRiyzen]

So an average house here in Canada, is about $800,000. Most jobs here pay $15/hr. Average rent is $3000 a month, we're taxed heavily on our income. Highest paying jobs, are in the highest cost of living areas. Give me advice, on how to get ahead, because I'm not seeing it.

[@danman2001]

Had to rewatch this a few times!

[@thetruth5635]

Great video

[@chasebrown6508]

I just want enough money to pay off all my debt and live a comfortable life style.

[@ezinneerhirhieneeukaogo1439]

You need a wealthy mindset to achieve this. Simply put , you need to be rich

[@mariacorretge6615]

Wow, the wisdom in this chunk of show. It's so good.

[@ChicagoBudgets]

Jade, you are the best. I love your humor!

[@jeffpadilla9891]

Society/media and Politicians are making rich people look bad. The first multi millionaire I knew owned 22 McDonald’s restaurants and employed so many people. He hired local businesses to build his new home. I saw him spend lots of money on crazy stuff but he took care of people that worked for him.

[@martyi398]

I’m okay with not being Rich, wealthy is fine with me!

[@IrisP989]

What amount of money or net worth is considered wealthy to you?

[@martyi398]

@@IrisP989 That would depend on cost of living and many other factors including inflation, a good start would be a net worth of 1 million dollars in liquid assets although that wouldn’t feel wealthy living in Southern California for example!

[@whobeyou5342]

My parents loved demonizing people who they labeled "those people " - trying to make it a badge of honor that we were better because we didnt have money - and poverty was somehow virtuous.

[@jsmendoz312]

I find it intersting that some schools require you to take an online short class and a test in order to get a school loan while others don't. My friend went to a UC, and I went to CSU. We talked about about loans and she did not know about subsidized vs unsubsidized loan.

[@sblijheid]

I had an argument with someone about this today. She claimed student loans should be forgiven and that the interest is predatory. Of course she has student loans. I opined that someone who is about to enter college, should be able to do math, read the terms, calculate the costs, and research if there are good paying jobs with that major to justify the loan. She doubled down. It's hard for some people to admit that they are wrong and did not do the math beforehand.

[@jsmendoz312]

@@sblijheid I graduated with little school debt because I went to community college for the first couple years. When I transfered to university, I was working part time Friday through Sunday. I went back for a master's but prior to starting the program I worked 3 jobs to save enough money to ensure I would not have any debt.

[@thomaspugh9969]

I think if you say money is important to you and you are obsessed with being the best that sounds like you are making those two things your idol's.

[@chesspwn7457]

Recognizing that money is important and beneficial to doing good isn't making it an idol. Having money to have a place to live and food to eat and be able to take care of yourself in your old age are good things. Feeding the hungry and aiding the less fortunate is far easier with money than without.

[@wittenberg5]

"Whatever work you do, do it with ALL YOUR MIGHT, as though you are working for God not people" - Colossians 3:23 "Do you see a man who is truly skilled in his work? He will serve kings rather than working for ordinary people. " - Proverbs 22:29 "Hard work and planning lead to prosperity.." - Proverbs 21:5 "In the house of the wise are stores of choice oil and wine, but a foolish man devours everything that he has" - Proverbs 21:20 "24 Don’t you realize that in a race everyone runs, but only one person gets the prize? So run to win! 25 All athletes are disciplined in their training. They do it to win a prize that will fade away, but we do it for an eternal prize. 26 So I run with purpose in every step. I am not just shadowboxing. 27 I discipline my body like an athlete, training it to do what it should. Otherwise, I fear that after preaching to others I myself might be disqualified." 1 Corinthians 9:24-27

[@thecurrentmoment]

Would you say the same thing if you replaced "money" with "spouse/family"

[@joshua21vg]

1. You have a victim mentality 2. Saying "Money is not important to me" 3. You love to spend more money then you make 4. You have a scarcity mindset 5. You're not obsessed with being the best in your business

[@whyamimr]

I have a very complex, cerebral take on the way luck and effort combine to make success, and it helps me a lot to focus on maximizing my effort while being sensitive other people may have just been unlucky. But if I'm honest, it's an unwieldy belief system. Jade comes across as incredibly authentic, and I bet her belief that the plan and purpose *for her* is out there serves her very well.

[@Nbeg_Backthorn]

Jesus was POOR. I'm poor too. I don't need Ferrari, Bugatti, Gucci,... I got Mozzarella, Pizza, Panini 😃 😀

[@ZeroCool_1220]

😂

[@ChrisMFlorida]

So you like to eat? 🤣

[@shachede6828]

jesus wasnt poor. where did yall get that from?

[@Silverdragon517]

There is no need to hurry, what is yours will come to you at the right time

[@BassBwoy3]

Yup, what God has for you is for YOU! No need to be jealous of what other people have. If you put the same effort into the thing someone else did, you can get it too and more. There is no shortage, lack nor recessions in Heaven.

[@wittenberg5]

A lot of commenters are using God and Christianity to justify mediocrity and dismiss hardwork, success and discipline. What does the Bible say about that? "Whatever work you do, do it with ALL YOUR MIGHT, as though you are working for God not people" - Colossians 3:23 "Do you see a man who is truly skilled in his work? He will serve kings rather than working for ordinary people. " - Proverbs 22:29 "Hard work and planning lead to prosperity.." - Proverbs 21:5 "In the house of the wise are stores of choice oil and wine, but a foolish man devours everything that he has" - Proverbs 21:20 "24 Don’t you realize that in a race everyone runs, but only one person gets the prize? So run to win! 25 All athletes are disciplined in their training. They do it to win a prize that will fade away, but we do it for an eternal prize. 26 So I run with purpose in every step. I am not just shadowboxing. 27 I discipline my body like an athlete, training it to do what it should. Otherwise, I fear that after preaching to others I myself might be disqualified." 1 Corinthians 9:24-27 "I wish that you were hot or cold, but because you are lukewarm I will cast you out" - Jesus, Revelations 3:16

[@martinramirezmi5457]

I’ve had so many people who are struggling financially and unhappy with their life and job tell me they would never want to be a millionaire. I tell them they don’t have anything to worry about, they never will be

[@jloop_2008]

You can add "entitlement" to that list.

[@aolvaar8792]

I am entitled to my $100K/yr Government Pension (at 50 yrs old).

[@mocheen4837]

My cousin always gets upset when he sees somebody driving a nice sports car. He always says that should be me. Yet he does nothing to earn or save for one. He always seems bitter because of his poor life choices. He is a UPS driver and earns decent money but never saves. He is upset at his landlord because he feels that he paid for the house from all his years or renting. He could have purchased the house if he saved for a down payment instead of renting for 20 years.

[@SharonOnTheNet]

"the best" is the enemy of "the good". not all of us want or can be "the best". "the best" makes you sacrifice your mental health your physical health and the wellbeing of your family.

[@nikolaig1]

More people need to understand your boss wont be at the hospital with you. Your family will be. Your boss will replace you while in the hospital. They dont give a fuck

[@untouchable360x]

@@nikolaig1 Your wife and kids won't be at your hospital either if you can't afford to provide for them.

[@gregorychiasson7739]

Don’t you want to be the best you personally can be at certain things?

[@chesspwn7457]

I think this depends on your definition of wealthy. Reaching financial independence and doing what you want is reachable with being good. Having private flights and a bunch of lambo's you'd need to be one of the best in your field to achieve.

[@Silverdragon517]

Best video ever

[@steelmill]

Some people will never get it.I tried to tell my co workers for yrs about some of Daves concepts.Then everyone couldn't believe when I retired at 62.

[@matthewfeatherston8982]

One thing I struggled with was comparing myself to everyone... I was so worried about, "Oh look at their perfect life, I bet they were handed a sliver spoon"... It's definitely the wrong approach to life, focus on yourself and yes be obsessive about being the best version of yourself... I had defaulted on my $30,000 student loan and only had $100 in the bank while sleeping on the floor of my brother's studio apartment... The moment I started to make myself the best version of myself was the moment I finally got out of my situation... I went back to school again for computer science (Yes, I got a lot of backlash from everyone around me including my family), but I told myself, "This is going to make you the best version of yourself"... I am now a software developer making almost a 3 figure salary with a corvette, a house with a pool, and ALL my student loans paid off!!! I don't say this to brag, but sometimes it's a hard pill to sallow to know when you have to admit to yourself that you missed up. However, the moment you do is the moment you can fix things on yourself and make the best possible version of yourself!!! This definitely has to be one of the best videos I've seen in a while, thanks for the up load @TheRamseyShow

[@mocheen4837]

I dropped out of college because I could not afford to attend UC Berkeley. I still went on to earn over $200,000 per year. I save and invest as much as I can. I do not want to go back to being poor again. I also made sure to put away enough money to pay for both of my children’s college. I want to make sure that they have to opportunity to attend college.

[@matthewfeatherston8982]

@@mocheen4837 I can understand the struggle... I actually have two degrees, one in teaching and the other in computer science... After teaching did not workout for me, I had 4 to 5 jobs just trying to make ends meet and that's when I defaulted on my student loan... Everyone (including my family) thought I was crazy to go back to school again, but i think I made the right decision... I wish the best of luck to you and your family 😉

[@ianmowbray3284]

No there is only one thing Financing a new car at 60k which you can’t afford

[@lot2196]

Dodge Charger's are killing the middle class😂. Actually, I'm not laughing, I'm serious.

[@alinatamashevich3354]

@@lot2196 I understand your statement.

[@alinatamashevich3354]

Add to that: New I phone, full blown cable, subscription services, going to the salon, No savings/investment plan. Impulse buying. Dining out. Add all that up = BROKE.

[@ehderguyyashootadeerorno2313]

What i find interesting is that 44% of people roll negative equity on their vehicle at $5,500. LIke you did not pay off the last one and now you want to be upside down on the next one..... Smart lol jk.

[@HoneyBadgerFarm]

60K gets you an entry level Ford F150. Cadillac just put out an Escalade that cost 180K.

[@alicelindborg5096]

Read The Wizard and the Prophet by Charles Mann.

[@CandycaneBeyond]

I'm sooo frustrated with the every dollar app and how to use it and how it works

[@michaelcurtis106]

The one thing I don't understand is "scarcity mindset". Maybe it's the terminology I'm having difficulty with but if something is scarce, it's scarce and if something is abundant, it's abundant. It doesn't matter what I or anyone else thinks about it. Now, if someone believes something is scarce when it's really abundant or vice-versa, I can understand that. It's basically another way of saying you're in a state of denial. I don't know why people have to come up with different terms for the same thing. Another example is "quiet quitting" which is another way of saying that you're doing the bare minimum. This is nothing new but they make sound like it's new because of the new term.

[@thecurrentmoment]

You're right with the second option, that is basically what they're saying - that people see money as scarce when it really is not In fact, money is essentially unlimited. For example, if I spend $20 with you, and you spend $20 with me, and I spend another $20 with you, and we keep doing that multiple times, we can actually generate thousands of dollars of economic activity with just one $20 note. And that's basically how the economy works, but people don't realise that, and think there is a limited amount of money. In fact, you can probably compare the GDP of a country with its money supply and I bet they are not the same, I.e. the amount of actual currency in coins, notes, etc in circulation is not the same as the amount of economic activity, because it is recycled. But I actually disagree somewhat with what you said about if something is scarce, it's scarce, and if it's abundant it's abundant. The reason I disagree is because it's largely relative. E.g. there is no food crisis in the world because people haven't resorted to eating things like bugs, unusual plants, acorns, rats, etc. There's actually plenty of food, and plenty of extra capacity to grow food, even in impoverished countries, it just needs a different approach, or you could call it a mindset. And people can often add value to things by being resourceful and innovative, making things go further. An example is the fuel crisis in the 80's when fuel injection came in, and all of a sudden fuel wasn't as scarce as people thought (because cars were more efficient). So whether something is scarce or abundant is ultimately an opinion that comes from people's mindset, even it really does seem real and objective at the time. And that's not to discredit times when there is a real lack, but even then there is an opportunity to be more resourceful and create less scarcity, and that's where most innovation comes from

[@MyChannel-ct6gr]

Missed the boat on "scarcity mindset". Listen to an individual who grew up with little to no food in their home, or an individual who went through the depression, all 18 years of it, from the age of 19 to 36 and what you'll hear is the true definition of "scarcity mindset". I'm really surprised that John missed this one from a psychology standpoint.

[@randy74989]

Pay yourself first into a 401k or 403b, whichever is offered where you work and increase your percentage ever time you get a raise by 1% and you will retire wealthy. You must start and match the company match from day one or ASAP. It's just that easy or if your company does not offer these tax-deferred accounts then fully fund an IRA every year. Investing is a marathon not a sprint and take advantage of the catch-up provisions when you turn 50.

[@johnpublic5169]

That was a unique take on scarcity mindset. My first thought was “hoarders” and believing resources are scarce and owning more “stuff” than you’ll ever use in a lifetime. Whether it’s guns, ammo, food, clothing, etc, income/debt has been converted to “stuff” instead of being used to pay off debt, build an emergency fund, and build wealth. That was my thought.

[@PepeToTheMooon]

Need to eat more rice and beans

[@tkdevlop]

*beans and rice

[@JFDSmit-rm6tw]

​@@tkdevlop "Rice and beans, beans and rice, rice and beans." And sell the car.

[@BunkMasterFlex77]

​@@JFDSmit-rm6tw and good growth stock mutual funds.

[@JFDSmit-rm6tw]

@@BunkMasterFlex77 Doesn't help unless you sell the car for rice and beans.

[@cstuartdc]

I deal with scarcity mindset for sure.

[@Rick_Kn]

Jade's back!!!!

[@angelmyers869]

🤔🤔🤔🤔🤔 I'll have to ponder on this.

[@RJRussoVids]

Jim Rohn used to say that your life philosophy is the number one factor in the manifestation of future success.

[@darylfoster7944]

Actually IQ is the #1 predictor of success

[@MsCristina38]

@@darylfoster7944 Daryl I half agree. It’s actually EQ (emotional intelligence) that is your biggest predictor of success.

[@francosantoro1986]

Lawsuits and lottery or divorce make you money in seconds or if you are an elon musk also. Otherwise. Work hard and save

[@darylfoster7944]

Elon is probably the hardest working person the planet. Just saying.

[@ziv2liv]

On paper, I am a millionaire, I own nine properties with a total net value of $3 million and I can clearly said that money was never important to me in a sense that I never wanted to be "rich". being rich was never my goal and money was always a side-product of doing what I love doing. Find your passion and money will follow!!!

[@aolvaar8792]

????? "Find your passion and money will follow!!!" This is why Kids spend $200K for a Private university education in History and music.

[@ziv2liv]

@@aolvaar8792 No, this is just stupid stuff. This is a question of "investment and return", it's like buying $150K Mercedes because you have a passion for shiny objects... If you're a fine carpenter cause you love building crafty cabinetry, you can make a fortune out of it. That's what I meant.

[@darylfoster7944]

That passion or skill still has to be marketable. You won't get rich as a social worker, no matter how much you love it.

[@ziv2liv]

@@darylfoster7944 if your passion in in social work, becoming rich is likely not even on your radar. Same rule applies if you spent $200K on studying on Music and History degree as @A Olvaar mentioned. On the other hand, Bill Gates or Steve Jobs didn't start by "wanting to become billionaires", they had passion for computers and innovation. Even Warren Buffett never had a "goal to become a billionaire", he just love trading in stocks and became good at it. That how it works. All my life I've been a free lance working in a field I loved (I am retired now) and getting very well paid. Over the years I took that money and invested in Real Estate which I also love doing.

[@darylfoster7944]

@@ziv2liv not arguing your point, just simply stating that not all passions pay off financially. This was, after all, a video about being rich.

[@chesspwn7457]

I think that last one highly dependent on what wealthy means. Like you can just do a solid job being a cog in the machine and put money away and reach financial independence. If that is wealthy then no you don't need to be the best. But if you set private flights and beaches as the definition of wealthy then yeah I see you needing to be the top of your field to reach that.

[@petejunebug]

As Big Lenny would say “Who’s THHEEEYYY Brad?!”

[@j.l.salayao8055]

"You will Never become rich one day". Thank you! I do not desire so... My prayer for richness is: O God, I beg two favors from you; let me have them before I die. First, help me never to tell a lie. Second, give me neither poverty nor riches! Give me just enough to satisfy my needs. For if I grow rich, I may deny you and say, "Who is the Lord?" And if I'm too poor, I may steal and thus insult God's holy name. - Proverbs 30:7-9

[@jimmymcgill6778]

It's all true.

[@alinatamashevich3354]

@Jimmy the only truth here is: You are a @$$ wart Dave troll. Are we clear?

[@MakerBees333]

Yeah that’s it let’s ALL just be the best all at the same time🤦‍♂️ Let’s read Wish it Want it Do it while we are at it… if you want money don’t give it away, ‘Instagramy’ is the perfect way to describe this silliness.

[@ericpolk2131]

I don't want to be uber rich. I just want my family to be comfortable and secure when I'm gone. The extra money I'd spend on essentially junk is now devoted to saving and investing.

[@untouchable360x]

6. Can't handle adversity 7. Risk adverse

[@sidwhiting665]

I'm on 25 seconds into the video and am going to guess on the signs: * 1) Do not have/do not follow a written budget. 2) Do not make accumulating short-term liquid savings a priority. 3) Paying regularly occurring monthly expenses like groceries, gas, and clothing on debt instruments like credit cards and personal loans that carry a balance at the end of the month. 4) Lacking a long-term financial plan/strategy for owning a paid-off personal residence by retirement. 5) Failing to become educated on the types of investments that have a proven track record of wealthy building, such as Stock Mutual Fund indices, quality rental real estate, etc. * We'll see how I do... now listening to the rest of the video. * Final results: I missed a few specifics, but generally speaking they result from the signs that were cited.

[@handsomebarber424]

I had a guy tell me the other day that money is actually against God no joke he basically told me I’m going to hell if I make any money

[@jodylarson4697]

It's not about big pieces or small pieces or many pieces or too few pieces! There is infinite pie!

[@chinoto1]

"Money is not important to me", yes, but only because I can easily make enough money doing Uber Eats to cover my needs and the few luxuries I care to spend money on. Beyond the basics, about all I need to be happy is a laptop and an Internet connection.

[@imveryhungry112]

just buy a couple high quality stocks each month or a mutual fund and live below your means and dont worry about it.

[@tracygaluszynski1868]

Living below your means is a waste of life. You'll find out when it's too late.

[@imveryhungry112]

@@tracygaluszynski1868 I dont mean like really really below your means so you dont have a a decent life. I just meant a little below your means, so you can invest a little each month. Consistency is sometimes just as important as how much money your throwing in. But I agree with your sentiment dont want to focus so much on saving that your current life is a bore lol

[@darylfoster7944]

@@tracygaluszynski1868 there's a difference between living below your means, and being outright frugal. I've always lived below my means, yet I take a vacation a couple of times a year, buy a new car when I need one, etc. It also depends on your health. If you're morbidly obese and drop dead at 60, then all of that savings was pointless.

[@78town]

Right. Path of least resistance lol

[@Jumpman67]

I think the first 4 on that list are valid. I don't think the last one is valid.

[@PeytonVoss]

This victim mentality really hit hard after the past year of looking for my first house I always said “I’d be so far ahead in life if I had a a normally priced house with a 2.5% interest rate like everyone else” never thought I’d play the victim card. Now I got my overpriced house at a 6% interest rate. The only thing to do now is, pound out my mortgage payment and stop complaining!

[@juanmartinez1337]

YOLO mentality..

[@aurasphere87]

Jade is perfect

[@lynnjac9731]

It's not how much you make but how much you keep.

[@MisteRRYouTuby]

Only the third category will actually prevent you from being wealthy.

[@freedomworks3976]

There's more than enough

[@arielcolon3051]

I love her

[@HOWIE396]

She meant Wealthy. Not rich

[@djpuplex]

Paying a smartvestor pro or paying a low interest mortgage in 15 years vs 30 years. Marrying a high maintenance woman.

[@amireallythatgrumpy6508]

Living in the USA

[@davidmilhouscarter8198]

No mention of a credit score.

[@amireallythatgrumpy6508]

Because he (correctly) believes having a credit score is asinine. Besides, you only need it if you're going to borrow money. Credit scores only exist in backwards countries like the USA, not in civilised countries

[@SnapRasta]

I have $20,000 of $224,000 in a S&P 500 index fund i will leave until i am 65. The other part of the $224,000 is in other types of investments. Once i had a child something in my brain switched and i decided to put that money where it is so when i pass away he will not have to worry about anything and will be able to live a happy comfortable life.

[@DEBTFREEMIKE769]

Depends on your definition of “rich”

[@perotal]

Having a bunch of kids you can't afford should be on the list, as illustrated time and time again on this show.

[@Jeevanm71]

When ppl follow this methodology, society will collapse lack to population growth. Our government should make it easier to raise kids for poor ppl not that poor ppl should stop having kids

[@alexstetson2397]

Or maybe grandparents need to step up, if God blesses me with kids one day, I will make it known to them that if they choose to have kids at an early age and they can't afford them, I will pay for every single thing that those kids need.

[@BB-gd5pk]

I see low income families all the time with tons of kids. Must be nice to get money from the government for everything!

[@davidanderson1023]

Love ya but this is not it. Jesus was born to humble circumstances.

[@thelogicaldanger]

@@BB-gd5pk If you really think its that easy, then why don't you have a ton of kids on low income? Medicaid is very hard to qualify for and barely keeps someone alive. And if you *really* feel differently, then why aren't you living that life?

[@sanjaypatelmd4669]

When someone tells me “Money is not important to me”………If someone whose portfolio more then 100 million dollars…I take them seriously but others….sour grapes!

[@nikolaig1]

THEY steal 50% of my own money. Im entitled to an extra paycheck

[@darylfoster7944]

No "they" don't, not unless you're an extremely high earner.

[@nikolaig1]

@@darylfoster7944 the top 1% makes 2x what the world makes. The bottom makes 3% of all money.

[@grayrecluse7496]

Everyone has a chance,just sue or buy lottery tickets.

[@ibarix]

if we put aside the "god talk", you are correct. people lack basic personal responsibility. i would argue that for some, this lack of responsibility is exactly because of the overwhelming reliance upon god.

[@JB-tb4ky]

Reading between the lines when jade references the victim mentality, I believe that she is talking about slavery and racism as a pertains to Black people. I don’t know if she fully believes what she saying. Acknowledging generational, systematic racism is not having a victim mentality. It’s just simply stating the facts.

[@donaldlyons17]

You Jade Jemima got to do her best to look out for Master Dave's business. If she thinks the master and overseers what to push an idea she seems to have no issue going along.

[@gabrielurda2608]

I have been talking with so many people around me about this, but no one is actually lessening it. In my opinion, it all starts with your formal education. We all need good financial education, so we don't start making bad decisions that activate domino effects that are very hard to get out of. Physical education is one of the most important because we all want to look good because if we don't, that's going to affect our mental health. If we don't care about ourselves so much, we just keep going like hamsters in a cage, around and around, without even seeing that we are really in trouble. The first step, and one of the most important, is to be honest with yourself. Recognise that you are in trouble and take action. Ask for help if you even have a little doubt that you are not capable of getting out of it.

[@william8855]

Well I’m opposite of all 5 so I guess I am going to be loaded

[@J3llyBean423]

AVP yeah and she is still really trying to fight me over her power of attourney / it's cool / but think about it ,,.. again / / and when you sing y can argue / it you can't do much about it / yeah / ,.../ but

[@666dynomax]

Student loans are not predatory

[@nikolaig1]

There just too expensive.

[@amireallythatgrumpy6508]

The tricks they pull to get people to sign up are.

[@nikolaig1]

@@amireallythatgrumpy6508 its not predatory. I also beleive student loans should bot exist. Other countries dont have student loans debt. Its a pricipled stance.

[@TheRaiderd27]

Seek first, the kingdom of God, and all things will be added to you. Do not seek riches first.

[@carlaritchie331]

Yes, it is about priorities and what comes first. The other can come, just should not be #1.

[@time4advancement244]

To summarize: 1, You have a victim mentality 2, Money is not important to me 3, You spend more money than you make 4, Scarcity mind set 5, Not obsessed with being the best in your business

[@comedybro283]

Don't judge a book by its cover

[@Shedshananigans]

Once you’ve dug in, it’s pretty much impossible to get out. I’m 48 and make about $33,000-$34,000 per year and I struggle just to pay rent, food, utilities, and transportation for myself. At least I have no children and live alone. I basically own nothing but do have student loan debt which will put me even further behind once the moratorium ends. I live a miserable existence.

[@nikolaig1]

Most americans cant get ahead bc of the student debt crisis. It needs to be washed away

[@blackspiderman1887]

This only applies to first world countries

[@moi2290]

What happened to the nice cool black dude with a nice voice that never talked down on people.

[@forresthodge1024]

1. Have victim mentality- Yeah, I firmly believe that other people can impact your life/finances without you being able to do anything about it. You can try to explain it away by claiming that you deity of choice has everything planned out for you, but if that's the case then free will is merely an illusion, and I don't buy that. How you react to those situations is important, but there are plenty of things that are out of your control. 2. Money is not important to me - It's very important to me, with that said, once you reach a certain point, I would imagine it becomes less important because when you have a couple hundred million in the bank, making more money is nice, but the situation isn't at the point where you're wondering when mac & cheese is going on sale again. I'm not at that point yet. But I am doing well enough to the point where I just throw whatever I want in my shopping cart and don't bother to look at the price too hard, as I know I can afford it, I'm still clipping coupons, but I don't worry about what I buy at the grocery store too much. 3. Love to spend more money that you make- Nope, never have. I don't like owing people money. 4. Scarcity Mindset - Yes and no, this ties back to #1. I believe that other people can effect your life/finances. And other people will take advantage of situations to help themselves at your expense. It took me years of it happening to me before I started making it more difficult for people to do that. For example, there was a job/duty at work that for a long time came with a generous stipend if you did it. I was never interested in it, but because I had at least a small amount of photography experience (I'm not a pro at all), I was always/told to help out (for zero compensation on my end), which I found annoying, but it wasn't terrible. Then the stipend went away, and then and only then was the job given to me. So now I get to do the whole thing every year for no additional compensation. It was at that point, I started saving emails and communications about doing jobs (for free) that are not part of my job's duties. So yeah, you've got to look out for your own interests, because if you don't people will take advantage and benefit from your work, while you get nothing in exchange. 5. Obsessed with being the best - I used to put more emphasis on that, and this ties back to #4 and #1; but now, about 7 or 8 years away from retirement (hopefully), I'm just doing my job, I used to be concerned about doing extra, and it never got me any further, I was never compensated for doing extra work or work outside of my job description, other people benefited, but not me. All I got was comp time, which I could never use for one reason or another, and it would vanish like a fart in the wind every time my contract was up. Basically I'm in the exact same situation professionally and financially, now I'm just not the first to volunteer for anything. There's no benefit to me to do that, there never was. With all that said, I currently have a net worth of around $3.3m and don't owe anybody anything, so I guess I'm doing something right.

[@Kcducttaper1]

So, if I will never become rich ONE day, can I become rich TWODAY?