Dave Ramsey Goes Off On Young, Broke People Running In Victim Olympics Complaining About Rich People

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[@AntonDaniels]

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[@Black-Butterfly-B1]

Spend less than you make, save up and pay for things with cash!!! I grew up with a Hunter gatherer mindset, if you don’t work, you don’t eat..

[@Neddie2k]

Easy right, you wonder people don’t get it.

[@ronb3913]

Keep some afterlife money too. Stop dying leaving others to pay off your debts

[@Black-Butterfly-B1]

Debt free life, pay in full with cash. Leave inheritance to your children’s children. Make sure they are responsible…

[@Neddie2k]

@@Black-Butterfly-B1 Even the bible states that but most don't take that reponsibility as a duty.

[@eyob4794]

When robots do most of the work will that mindset still be relevant lol

[@terencew7716]

Be responsible with your finances!! Hard work pays off!!

[@stoplying2267]

Hardwork does not pay off these days, smart money moves work!

[@cochiesefilms6290]

Hardwork will get yo ass tortured and abused in a right to work state. They'll fire your ass ay any given moment and pay you $15 hr and you suppose to save that? How Sway?

[@jkseraphim4]

Yep. Especially if it's a job you love. Nothing is wrong is using having a hobby and turning it into side business too.

[@unquavieonmorgan5629]

You have to work hard in a smarter way 😂, damn man, it's simple, don't work,no matter what work is, you starve compared to working or making yourself better in the job force, you eat😂

[@BeatsbyZay]

I need at least $3million to retire and never work again. Just living off interest. I'm gonna get there before 40.

[@Dollaupt]

Where the beats ?

[@heatherfraser3369]

How?

[@floridaboy7273]

facts the same plan i have .

[@theflightsimulationexperie6894]

You don’t need that much to retire especially if you move out of the US and retire abroad. I’m retired at 40 with 1 million and my net worth is still more than what im withdrawing in retirement. If you want a luxury life in regiment then yes you probably need 3 mill

[@righteousmasculine]

My goal is to retire with 2 mil at 55. Buy me 3 good reliable cars 🚘 at like 6 grand a piece and fix them the way I want them. Give money to charity as I’ve been doing and continue to pay my tithes I I want to work a laid back job from ages 55 to 62 just hours a day 8-12. Monday -Thursday And have Friday Saturday and Sunday off I want to continue to work out at the gym maybe 3 days a week

[@BagsNBaguettes_327]

Dave Ramsey was the reason I got out of debt, paid off my student loans, paid cash for my cars, and have a large emergency fund. He’s an icon and his plan works, it does require sacrifice and most people don’t want to sacrifice…

[@muletowndumpsters]

Outstanding! You still can't pull 8% year over year and not lose money. That's where Dave is being stubborn.

[@DeanMurray21]

Congrats! I followed Dave Ramsey for years. The stuff he teaches is timeless and works.

[@insure4cheap]

Discovered Dave Ramsey back in 2019 and went through his course. Since then I paid off $40k in debt and I’m on my way to buying my first home all cash no credit. To the people who hate in him, usually they’re too broke to even pay attention 🤷🏾‍♂️✊🏾

[@treasurethetime2463]

Exactly. I did training to become a cfp, but lost interest in it as a career. Everybody wants to play accountant and financial analyst when it's time to PAY OFF debt. Thinking, debating, charting and projecting. The funny thing is when they were getting INTO debt, it was usually emotional based. They decided to do something and did it. They justified it after the decision was made: "It gets better gas mileage and it's easier to put the booster seat in." When you take that same attitude with PAYING OFF debt, it works the same way. You DECIDE to get out of debt and you do it.

[@lennyB860]

Found Dave last year knocked off $18k consumer debt, looking to pay off house in 2-3 years.

[@vitran4141]

Trying to do the same thing cash for home… Los Angeles 1.2M is a little hard

[@theflightsimulationexperie6894]

You must live at home to be paying cash for a house.

[@user-xd7hn7vo7o]

People refuse to give up their entertainment. Eating out, cable, internet, car notes exceeding $800. Gotta have the $400,000 house etc. They think companies have to pay a salary based on the things they want 😂😂😂😂

[@righteousmasculine]

You said a mouthful

[@bobbobbington3615]

"Gotta have the $400,000 house..." ... price for an existing home, one that’s already standing, was $387,600 as of November 2023. Did you, literally, just complain about people wanting an average home?

[@Las645]

😂 but we aren’t. Rent alone is what takes up most peoples expenses.

[@jaysmith3257]

Keywords from Dave Ramsey: "How you choose to live." A lot of people come up with excuses to not be where they wanna be at.

[@ronb3913]

Name a few

[@norrisd.4711]

Dave Ramsey changed how l look at money. Best books I've read about money were his.

[@cbrent65]

“People focused on income instead of net worth”

[@twilliams842]

I don’t think people are lazy. They just tired of the go to work just to get by. Everyone can’t win. So they just not playing.

[@401Ryder89]

Facts true very true they know it’s a rigged system

[@FactsOVERfeelings2024]

That's some real shit right there

[@sleepmoneyken9234]

You spot on !

[@deval3596]

or maybe people are just to lazy to work hard and improve their life and want everything handed to them. not everyone can smile for a picture and make millions or were born a trust fund baby. true millionaires are made with hard work, if you start a business you will work harder than your employees 24/7 until you get to the point where you hire somebody dependable to run things for you. I worked my ass off since high school and playing sports while going to college at the same time. then after high school I worked my ass off going to college and working full time. after college I worked my ass off working in my career and a part time job to pay off my student loans. after I worked my ass off for 7 years as I worked in my career and started and ran my business at the same time. I sold my business and now I just work about 3 to 4 hours a day working from home just copying and pasting and I get paid a full time salary that I can live comfortably with. sometimes you have to work hard to make life easier for you, instead of having an easy life just to work harder later in life. which is what most young people do, they get money even if they have to work and they get their asses in so much debt that later in life they have to work harder to pay off.

[@truelovejourney]

Not playing...That's how you lose

[@datruthhurts109]

Dave ramsey is great for getting out of debt. After that, dont listen to a word he has to say. Net worth is irrelevant. Liquid net worth is what matters. The person with a 1 million dollar house and the person with 1 million in the bank are both millionaires but they are not the same.

[@wesley8624ify]

Shout out to Dave Ramsey. I have great respect for him. I personally benefited from following him....forget all the haters, they can kick rocks! 😎

[@craigman7262]

lmao nah he fell off. his advice is outdated.

[@wesley8624ify]

@@craigman7262 nah player it's not out dated, it just depends on what level your at. Some people don't know how to budget. I mentor 28 year old men who have the mind of a child.... they ain't ready for the advanced class.

[@SrChalice]

Very outdated. What they say these days? "Blame the victim". Dave Ramsey and people like him is fuqin delusional. No matter what's happening in this world he and others like him will remain delusional to the Tyrannical powers that's be.

[@MrClassicmetal]

@@craigman7262 How exactly?

[@lindaadams1008]

I paid off $66,000 in student loan debt after I retired from my job... My job never allowed me the time to figure out my life... I finally came up with a five year plan and found a part-time job... I made my last payment in 2020... Then, I set up the same plan for my mortgage, but I didn't take on a part-time job this time because all the money that used to go to student loan debt now goes towards the mortgage... I was able to stay disciplined because I had no other debt, such as cars, credit cards, etc, and I still don't... You have to make sacrifices to achieve your goals...🙏

[@LSBContractingLLC]

I'd be retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, learn around $130K per year but nothing to show for it yet.

[@RaphaelSafr]

You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted online broker/planner.

[@ClayneBanks]

Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28, fast forward time...l'm 57 now, got laid off March 2020 amidst lockdown, a blessing in disguise. At once, I consulted an advisory firm to match me with a planner to stay afloat and with subsequent investments, I'm only 15% short of $1m as of today.

[@LSBContractingLLC]

This is huge! would love to grow my reserve regardless of the economy situation, my 401k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

[@ClayneBanks]

*Folmar Advisory*

[@georgeearling905]

I discovered Folmar Advisory through online search of the name. Their commitment to client satisfaction and financial education is impressive. They connect clients with advisors who align with their goals and values.

[@lennyB860]

Been watching Dave Ramsey for a year. Woke me the f@#k up. Killed thousands of debt since. I think watching dave is how allogarithm got me to this channel.

[@saonedixon5476]

Most self made millionaires worked there azzez off to become a millionaire. So salute to all the self made millionaires 💪💯

[@truth.substance]

Have you met most millionaires 😂

[@Godfirst986]

Not all. Have you not heard of that cash me outside girl? She a millionaire .

[@colinscrypto3307]

My parents house was $150k now its a million. Today $150k doesn't get a studio condo with a $500 condo fee.

[@b3ardedragon921]

This. And I don't care about having a bunch of money. I want one thing in life. To own my house. But blackrock is buying up houses. Luckily some states are starting to cease and desist like mississippi

[@ronblauvelt7457]

Assets go up because of the devaluation of the dollar!!! Since 1974 the dollar lost about 85% of its value… meaning you only get 15% of what you did before with the same amount of money

[@JMB129]

I have never understood people who absolutely insist on living in the nicest neighborhoods and paying $2k or more on rent. I have always kept my rent under $1k no matter where I have to live and don't require a ton of posessions. I know people in their 50's who make six figures and have very little saved up. The level of comfort that you insist on having right now is basically allowing you no comfortable future whatsoever. I'm not falling for that.

[@righteousmasculine]

No one can take care of the old you better then the young you 💯

[@Richardson238]

I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life

[@raphfelimax2713]

You're right, with my current crpyto portfolio made from my investments with my personal financial advisor Stacey Macken , I totally agree with you

[@BulentKizilaslan]

Yes I'm familiar with her, Stacey Macken demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit

[@ivar766]

YES! that's exactly her name (Stacey Macken) I watched her interview on CNN News and so many people recommended highly about her and her trading skills, she's an expert and I'm just starting with her....From Brisbane Australia

[@lea5898]

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week

[@domenez]

This Woman has really change the life of many people from different countries and am a testimony of her trading platform .

[@user-xd7hn7vo7o]

What these idiots dont realise is even wealthy people live well under their means. Its just their disposable income is higher than yours and can afford luxury lives

[@antoinoparker4331]

Broke people saying a multi millionaire is wrong on how to make money only in America

[@awwskit9753]

We aren’t lazy shyt just out of control. I went to look at a home in Compton CA today and they wanted 625k for a small home with bars on the windows.

[@AntonDaniels]

The look somewhere else… always whining

[@antonionewgate3240]

That's Booker talk anton. Two bed room houses costing 300 thousand the government is destroying the economy. We have to pay the price.

[@awwskit9753]

@@AntonDaniels sounds easy but that’s the median home price, you just don’t know the LA area very well. Other than that you’re going to commute 2 hours plus each way to work.

[@getbuckets9116]

@@AntonDaniels what a stupid take. you oldheads really don’t know what y’all talking about.

[@mangodiet801]

it's expensive everywhere unless you move to the corner of crack meth st. Focus on your skills, save, let your money work for you in tax differed treasuries and bonds, as real estates & stocks are over priced due for downturn, live travel overseas, most financial KZbinrs only want to finesse you out of your money

[@gregterrible]

It's going to get worse when they find out that good paying jobs are being sent outside the USA or they will put an immigrant legal or illegal to fill the position.

[@atlsniff10]

Nonsense. No immigrant is coming over here taking a high paying job away from anyone.

[@plot229]

@@atlsniff10it’s called construction, it’s a high paying industry and used to be higher before illegals depressed wages

[@keptbygrace6221]

Dave Ramsey helped me enter my marriage debt-free over 15 years ago 🙂

[@GothBatty]

We love you. You don’t have to prove anything to anyone. ❤

[@jno2537]

The problem with the general discussion is that no one wants to discuss the raw numbers needed for retirement. Possibly because it will actually show the young people have a right to be concerned with the cost of living. Basically research shows if you plan to retire 30-35 years from now (somewhere in the 2054-2059 range) you'll need between $2.3 million (for a 15 year lifespan at official retirement) to $3 million (for a 20 year lifespan at official retirement) just to maintain a "middle class" lifestyle in the US. A middle class lifestyle will be $150k a year cost of living (think with regard to inflation in 2054-2059) If you want "upper middle class" lifestyle it will be around $2.8 million to $3.8 million. Which would be $190k a year for cost of living. If you only manage $1.4 million to $1.8 million you will fall into "lower middle/working poor" lifestyle for retirement. Which would be $94k a year for cost of living. This is based off the current rate of inflation 3.2% which could go up or down depending on government spending and global power of the dollar. If by chance certain economic events or alliances occur that knock the power of the dollar off it's current trend then take all estimates and times it by 1.25 or 1.5 for possible required increase. And if you believe these estimates seem unreasonable remember that several inflation calculators will show that $1.00 in 2000 has the same buying power of $1.80 in 2024. In terms of salary, $50k in 2000 has the same buying power of $91k in 2024. Obviously things could change but it's best you plan accordingly because the current trends isn't pretty.

[@FactsOVERfeelings2024]

Best comment in this section. Using actual math and numbers, not emotions

[@megalodon1726]

$700/month invested in a S&P 500 fund grows to more than $2.3M in 35 years. And if you get a 401k match, you only need to put in $350-$450/month of your own money to add up to the $700/month invested. That is realistic for most (not all) Americans with an average or above average income -- if they don't make expensive life choices, like having children out of wedlock, taking on a mountain of student loan debt for a degree that doesn't qualify them for a high paying job, eating in restaurants every week, driving cars too expensive relative to their income, etc.

[@FactsOVERfeelings2024]

@megalodon1726 You're a dragon spitting 🔥. Keep that shit up!

[@kevinblount267]

It's called work life balance.You better enjoy your self while you are young the future is not promised to you. A whole lot of you all are not going to see 60 . Work smart but work your a** off. Don't worry about impressing everybody. Why do you need a 10 thousand dollar bag when you have a 20 plus thousand in credit card debit.And 30 thousand in student loans. By a Toyota now Benz later.

[@Steverz32]

Very Lazy ,and can’t wait to spend every dollar they get on flashy shit nobody cares about

[@Chezzzzy]

This

[@bcusaaus4749]

You know my family?😂

[@Steverz32]

@@bcusaaus4749 you have met my son? 36 years old & never held a job over 6 months😡🖕🏼

[@truth.substance]

@Steverz32 You sad, you talking about your son on the internet, I don't care how bad your child is, you don't slander them on the internet. You too old to be this deceived, maybe you're not the best parent. Kids don't just come out failures, The parents play the biggest role and if you don't know God what can you teach anyone of value.

[@Steverz32]

@@truth.substance Your sad, he blew his life up hanging with the wrong people and smoking meth. I am telling you what real life is like, not the pretend world you wished we lived in. He chose his path with the people he hung around with. That my friend had nothing to do with his parents.

[@user-tw6sp7pe4x]

I’m a Dave Ramsey follower. I’m paying down my debt. It takes discipline and consistency

[@muletowndumpsters]

It's a 4% rule not 8%. If you take 8% off of a million dollars each year at $80,000, you will be broke at some point sooner than later. Studies have shown, take only 4% off a million dollar nest egg each year.

[@bavarianglassworkz660]

They are taking about interest that that million will generate for you not you pulling from it yearly

[@muletowndumpsters]

@@bavarianglassworkz660 when you retire, you'll be pulling from your pool of money. If you pull 8%, you'll be going broke by 15-20 years. If you pull 4%, you can sustain the ev's and flows for quite some time.

[@bamafan4102]

Ramsey is a boomer. If you were educated and hustled back then the sky was the limit. Things are so much harder now for the younger generation now. I am gen X. I have faced many hardships in my lifetime, but these times we are living now are very difficult.

[@Revereran]

Stop complaining and coping and get to the bag 💯

[@tyrecarmon20]

​@Revereran either we can complain or get to the grind

[@bamafan4102]

@@Revereran I’ve already made it to the bag. I probably have a larger bag than you my friend. We are at the end of a dying system so guys like Ramsey are deluded if they think they are comparing apples to apples. He had it easy when companies were handing out money and benefits like it was candy.

[@ericnewman6523]

@@Revereranshut up!!

[@smooveselling3236]

Once again, these gen x playing the victim card. They have it way better and too lazy to put in the work

[@Cyber_Diva]

I’m so glad that I found your channel! I will retire as a multi-millionaire with a home in NYC and the Caribbean. I also plan on being generous with family and a very close friends. Thank you.

[@saonedixon5476]

Im saving now to build my very own trucking company. I got enough saved to buy my truck and trailer cash. I came up with a name of my trucking company. Im saving up to be able to pay my drivers 80k a year solo and teams 120k a year. Im looking at land in Central Georgia to buy and build my first terminal with a gym full basketball court and a walking trail and barber shop so the drivers can stay Clean cut and fit. God willing i can build this and pass down to my kids🙏

[@EAMoves]

Good luck. Best advice from a current fleet owner…. Do away with those ideas of driver pampering focus on your capital, credit, business opportunities and relationships

[@saonedixon5476]

@@EAMoves Thanks for the advice brother 💪💯

[@grandinquizitor7412]

Our school system kept up ignorant to economics. A lot of people are only just starting to understand how money works and how to earn or invest. Back on the day all this information was kept secret and one had to pay a professional to learn how to properly invest.

[@trellycee]

Most people are bad with money.

[@bjb860]

Easy for someone who grew up with inheritance Money pass down to him speaking on other peoples situations

[@arleneaugustahair8393]

Dave didn’t have inheritance money.

[@bjb860]

@@arleneaugustahair8393 how you know he definitely didn’t grow up in poverty or struggle like the average minority in this country.

[@qurhanhall4844]

I really love hearing Anton talk about the money. Inspires me daily.

[@hightolerance2500]

Sacrifice = Delayed Gratification

[@tam6011]

It’s a 10 to 20year game

[@marietaylor5174]

Absolutely!!!

[@KancelKulturePodcast]

What does that mean

[@tam6011]

@@KancelKulturePodcast your wealth strategy is 10 to 20 year plan. Buy and hold

[@KancelKulturePodcast]

I see

[@ByronBradfordRealty817]

The path of least resistance never pays off! ❤

[@lifeisall488]

Live below your means no need to eat out most of the times making meals not following what others are doing like overspending and pilling on debt

[@handsomebarber424]

It’s the same reason why people that are fat listen to the guy with a six pack about diet and exercise

[@officialthird7268]

I understand what he is saying but as a gen x who went to school and got a job in tech. Currently living frugally I have been able to save a lot and invest but the cost of everything especially homes just is outrages. This guy is out of touch in the way that he doesn’t understand the current landscape of the economy is not the same and my dollar is worth less. My parents paid 112,000 for their house and the thought of me paying 500000 for the same thing is asinine.

[@genjimonogatari6156]

Well them fools won’t be on the beach with me in Taiwan & Thailand lol.. 😂

[@DiFinni]

Save, invest and keep feeding the machine, it will continue to grow. You will be happy when you're older.

[@righteousmasculine]

I manifest this. That’s good but simple stuff bro

[@Mike_ICP]

Base income 1980 …. Equivalent to 175k today.. but no penny on dollar homes etc

[@samuelwilliams7331]

Between student loans and 400K houses I don’t know how most of these young people are going to make it without being married.

[@kbeezy7417]

Y do you need a 400k house…That’s y’all problem there

[@samuelwilliams7331]

@@kbeezy7417 According to bankrate the median house is 400K. Have you bought a house in the last 2 to 3 years?

[@antonionewgate3240]

​@@kbeezy7417ninja these are basic home cost in safe neighborhoods!! So start your family in an eviornment that could cost you your life?

[@samuelwilliams7331]

@@kbeezy7417 Median home price as of Feb 2024 is 387K according bankrate. When was the last time you bought a home? Unless you can location arbitrage and work remote then you are paying that price for single family home.

[@WakeUpGrateful]

@@kbeezy7417 Or student loans for a degree that doesn’t pay well

[@G43X]

Productivity rates doesn’t match his perspective. I employ around 50 individuals and gen X give me and my peers the most issues.

[@daughterofthemosthigh3417]

What gen are your best employees?

[@G43X]

@@daughterofthemosthigh3417 Honestly millennials. Especially when it comes to their ability to use computers. I feel Gen X lacks computer knowledge due age but gen Z lack skills due to being dependent on phones and tablets.

[@daughterofthemosthigh3417]

@@G43X yeah I’m a millennial, and I’d say I agree lol thanks for the feedback that’s interesting

[@l.j.russell902]

You don’t have to take his advice, and there are other effective methods to manage your money, but this is a straight forward concrete method

[@getbuckets9116]

this is probably gonna be another video about some boomer telling young people to keep their head down, become corporate slaves and waste away the best years of their life to barely make enough money to live. prices are increasing and wages have remained stagnant but sure young people are lazy. maybe we’d rather not buy into a system that will exploit us while we barely continue to make ends meet. rent is super expensive nowadays but i’m sure it’s the coffee or phone i have.

[@truth.substance]

Most of the people in the comment section are 1 paycheck away from homelessness. They always talk about how hard a rich person worked when many exploit and steal to get what they have. The younger generation is always getting ridiculed but if the shoe was on the other foot it would be a different tone.

[@getbuckets9116]

@@truth.substance because for them they believe that they can just work hard and slave away and become millionaires. many rich people sell this dream to the average person to keep them working. for rich people, they have the qualities to make it but also have a little luck and opportunity whereas the average person might not.

[@justthinking4421]

WRONG! If u don't listen, u don't learn. Each generation has something valuable to teach the next... from Boomer to X to Millinials to Z.

[@truth.substance]

@justthinking4421 What have you learned? Yes we can learn from your foolish mistakes. You older generations are so out of touch and behind the times.

[@getbuckets9116]

@@justthinking4421 the thing is y’all speak from such an outdated pov. During your time as a young adult you were able to afford a family and house on a single income. Now everyone has degrees and they’re struggling to find enough money to pay rent alone. y’all ruined the economy and then have the nerve to call us lazy.

[@tristantucker8663]

Yo anton KS said the exact same thing to women who want to be single forever do they have 1.2 or 1.4 million saved for retirement and noone ever have a answer shit getting real winter is coming

[@cochiesefilms6290]

So..what if you have a Bachelors and you just got let go during pandemic now you back out here in the rat race as a entry level worker. You're not getting hired directly if you don't know anyone and you have to go through temp gigs with low pay zero benefits warehouse 12hr shift more susceptible to injuries meanwhile you're considered lazy or don't want to work. We are in some delusional times of reality. People who got opportunities weren't always the best , they're usually overrated and incompetent

[@MomoAfterDark]

Only one job I ever had in my whole life was through connections. Every other time I had to get my resume' noticed, get interviewed, and sell myself. Keep whining and playing the victim though.

[@raquelocasio8588]

The pandemic has been pretty much over for two years now. Might be time to switch careers, do Uber/Lyft, sell on ebay, etc.

[@cochiesefilms6290]

@@raquelocasio8588 you Cartel?

[@salihabdul-mateen3531]

It's the people who can't delay gratification. I remember when I was young the people with the nicest cars were old folks who worked a long time. Now you see 25 year olds making $50k a year driving a $50k car. And wonder why they can't save or invest.

[@brooksd-lg9lg]

Good video!

[@geebee8989]

You cannot outwork inflation. You cannot outwork money being printed as debt out of thin air,, then given to your government as a loan to be put into circulation. The majority of people who own a home today could not afford the same home they are in with the job they had when they got that home. The founding fathers warned you about the bankers and their ability to steal the wealth of future generations. P.s. In general, the older people will be more wealthier than the younger people due to inflation. By the way income and wealth are not the same. They tax income, but they can't tax wealth.

[@GigaChad_169]

I disagree, assets tend to keep pace or exceed inflation. Home prices skyrocketed the same time the government printed trillions of dollars, stocks did too. Money sitting in your checking account went backwards in value by over 20% in just 18 months recently. If you don’t invest and own assets you’ll never out earn inflation, especially with the paltry interest rates most savings accounts are offering unless you do a T-bill backed money market.

[@younext_jeff]

Hi I fell short instant gratication is not the answer for stalbility.

[@OPDNETWORK]

I love when u talk money talk

[@mekin8684]

You can not blame this all to young stars. The income that people are making now does not keep up with the raise of house prices and living expenses, that is the fact.

[@jamesw22185]

Man I started doing what Dave Ramsey did and let me tell you it works I’m trying to save for retirement I’m doing research now while I’m at work to find out how open a 401k plan for myself. If you think social security will be there by the time you’re 70 think again

[@leaderoflions]

Dave Ramsey is not for you if you dont make over 100k and can keep about 40k of that 100k. The math just doesnt add up. You're not becoming a millionaire by way of a 401k if your a teacher, police officer, etc. You will need additional source of income. Or depend on luck..

[@unquavieonmorgan5629]

"Say you hungry, all you wanna do is sit, though" -21savage

[@sasukesuite1]

Dave has admitted many times that his Baby Steps are not the most mathematically efficient way to build wealth. You will pay more in interest if you follow his steps and pay off your debts smallest balance to largest balance, instead of highest interest rate to lowest interest rate. Dave will also tell you to pass on the credit card rewards points, even if you auto-pay them each month because the "little old lady is paying for you to earn credit card points," when that same "little old lady" is also paying for his employee's salaries by buying his Financial Peace University. Oh, but that's different. I think for the people that aren't mathematically inclined/don't care about optimizing finances/just need a simple path to financial freedom, Dave Ramsey's method is the one to follow, but there are far more efficient ways to achieve financial freedom faster without much additional risk if any.

[@rexmilli]

There's too much missing information in that equation

[@annemcintyre9769]

The self made myth is just that. Most billionaires get there by1. Profiting from monopolies 2. Insider trading 3.political payoffs 4.Fraud.5.inheritance.

[@1227Masher]

No one is talking about billionaires. This entire conversation is about millionaires. And yes anyone can become a millionaire with hard work, living well below your means and investing. You just have to start early. Worked for me.

[@alih122]

@@1227Masher HAHAHA. I am from wealth. I probably grew in a far more affluent neighborhood than you live. Let me tell you over 90% are OLD MONEY!

[@braxtontwist8274]

“It isn’t rocket SURGERY” Dave Ramsey

[@mandysimmons2769]

My husband 65, me 61 soon got our dream house when I was 53. I got it by wiping butts! Babysitting, then day care, then nurse's aide, then teacher's aide...okay no butts there even in kindergarten! LOL At times I took off work to see to the end of life on various older folk in my family. They could not pay me at the time...probably the state woulda but I didn't know that at the time. So they'd see that no sibling or cousin came around ( until the reading of the will ) so I got my mama's house, my mean granny's house, my daddy's two trailers, my in-law's house, and my husband's uncle's house and some money from my husband's aunt since her own daughter never came around unless she needed something. My back is torn up but I'm resting it in a paid off house and I'm going to the chiropractor in two new cash paid cars. I used them for rentals and when you add it up I brought in more than my husband. I let everyone think I was just a housefrau. Go Dave!!

[@codelessunlimited7701]

Dave helps alot of people of getting rid of their debt, a fact. But some people without debt, are having difficulties of getting rid of their lifestyle inflation, the worst one is the unhealthy inflation. Yet, they have the escapism to point finger that Dave was born to a rich parents, when his wealth actually came from slow rich goal from devastating real estate bankruptcy.

[@johnsuni6224]

How many people have a $1k cell phone and are driving illegally with no car insurance?

[@masterofnone2705]

Study also shows it takes about 27 years to become 401k millionaire. At some point within 27 years, 401k growth is going to beat your yearly salary. Money will work for you. At least put in enough to just get that company match. Some people say 401k is tax mine for government but I would rather have tax problem that I can work with financial adviser then be broke at old age. I can't imagine looking for a job in my 60s to just survive is going to be fun.

[@bobbobbington3615]

It's a bit ironic that a Boomer, a perpetual victim, calls other people professional victims.

[@Soundhertzfrequency]

Respect Dave

[@bonniegaither3994]

And Dave Ramsey did not EARN his money. He didn’t WORK for it. He just sat behind a microphone and said words.

[@ronb3913]

Have some after life money as well. Alot of people cant even afford the mortician after getting all these bags through life 💰

[@escalade8759]

All these strategies are going by the way side. Retirement will soon be a thing of the past.

[@ONLY1KUDWE]

Dave Ramsey is the best

[@bonniegaither3994]

Maybe because we’re not all grifters like Ramsey.

[@1koolasde]

I always watch Fox Business from 9:00 to 10:00

[@leshughes6307]

You mean microwave society... instant gratification...that's because we were taught to follow celebrities...we are the only group of people that live and die to live/be celebrities...

[@CraigTilfordJr]

Cashflow millionaires earn a million+ after expenses. Net-worth millionaires can achieve millionaire status with a house and decent job and basic investing but don't always earn that much income annually.

[@Mike2real141]

Big facts

[@dr.migueltorrezedd8651]

Dave did leverage debt and lost it all, but he got it all back according to him.

[@DJDroopTV]

We live in a completely different world than Dave did when he was becoming a millionaire.

[@essieashworth423]

Ppls not getting paid like that some ppls was born poor we not living off our love ones money we can't even make a dollar to hold on to because sam want that to

[@amkilaya]

So true

[@Jenda-ld8dj]

Ramsey has alot of good advice. Many people don't want to listen to it therefore they are broke. With that being said, due caution is advised to anyone believing that their 401k will provide them a comfortable life upon retirement because we are going through the "great wealth transfer". And it is just getting started. This will be accomplished by the Government continuing to tax everything out from under us. I know many will disagree. That's OK. Look at what you are paying in taxes on everything on an annual basis. Don't take my word for it. See for yourself.

[@elijahrain]

I wish someone would hire me. Especially after learning companies are doing ghost posting which not cool.

[@christopherweltmer4227]

Saving money is bs because of inflation you need to invest money

[@teebone2157]

Dave been out of touch for years

[@JEBUSNIKQUES]

SPEAK 🆙4 YO’SELF! SOMETIMES THERE ARE INDIVIDUALS WHO DONT WANT YOU2 GET JUSTICE SO THEY SAY YOU ARE EXHIBITING A VICTIMS MENTALITY! THUS THIS IS NOT THE CASE IN SOME INSTANCES; INDIVIDUALS MUST SPEAK UP RESPECTFULLY & RIGHTEOUSLY IN A GODLY MANNER ESPECIALLY WHEN YOU HAVE TRULY BEEN WICKEDLY VICTIMIZED! NONETHELESS DO NOT GET2 INVOLVED WITH PUTTING YOURSELF IN UNNECESSARY VICTIMIZED LIFE COMPLEXES! #TAKEHEED

[@Mature1958]

True

[@josephjames259]

Dave is good for getting out of debt. He is wrong on everything else.

[@sunnysoon96]

Yes yes younger people in America is very lazy they do want the now of having things and fast money 💵 but never want to put the work in. They don’t want nothing that gonna pay off for them longevity or anything like saving money 💰 I see it everyday on the job as a supervisor. And I work for a school system.

[@wealthylee9334]

i cant stand dave ramsey. you dont have to use a 401k or buy a house pay it off to be rich. this is the information age, there are so many ways to make money online and compound that.

[@PaloMalo89]

Dave the goat

[@Destroyer-Grizzly-BIH]

A hit dog holler, don’t take it personal if it doesn’t pertain to you.

[@dannyjohnson9628]

FYI. You should never retire on making money. You can retire from physical work but not from making money. Taking money and making money does not require a certain age you don't believe me just ask Warren Buffett.

[@AG-hl1ni]

Factsssss

[@essieashworth423]

He liein you can't not save that much like that everything to high it's not the same anymore you even save bills coming in high food also so saving is not there

[@orayshineo]

It's easy people. If you start with $1000 and invest it for 30 years while adding just $5000 per year with an 8% return you will have 7 million dollars. In 20 years you will have 3 million dollars. The S&P returned and average of 9.7% over the last 20 years. Stop spending all your money. Most people can save $400 per month by not buying over priced coffee and not over spending on a car they don't need.