Failure Is Not Fatal - Dave Ramsey Rant

[@ShaneHummus]

Failing is normal. but not learning from it is fatal. This channel is awesome!

[@3ducations]

When he said “What’s your net worth? $4.00!” I felt attacked. 😂

[@tazsmine5915]

3ducations 😂😂😂🥴

[@DominereEvansMusic]

3ducations 🤣🤣🤣

[@digitalbrand5510]

Micro aggressed

[@JiisTube]

That's higher than mine, mine's negative 😂😂😂✌️

[@xJayhawkFANx]

Get out there! Get motivated! You can do it!

[@dualthreatoutdoors]

I love the Kermit The Frog voice when quoting broke people 😂😂😂

[@joeplem5329]

Had to get back to this channel after binge watching vids on the 2020 c8 corvette lol

[@Ryan_DeWitt]

Dave will probably buy one. I think he likes Corvette's.

[@ChrisMFlorida]

Get that million dollar + net worth then go to the Corvette dealership with cash baby.

[@charlescc1000]

I wish Dave told us what cars he has instead of just sometimes mentioning how he’s got a lot of cool cars

[@rossedwardmiller]

You can buy one in 15 years

[@reeceratcliff2906]

Same!!!!

[@chuckmitchell7454]

Didn’t do stupid lately but my daughters used car engine went out and had to replace it with most of my emergency fund. It stung because I didn’t want to touch the money but the silver lining is no money was borrowed and I was prepared for the emergency. That itself is a win but I felt my momentum take a blow.

[@jimroscovius]

Just keep going. And get your daughter to help with the car. Isn't she working?

[@phantomtized]

I love his sarcasm. 😭😭😭😭. He speaking the truth though.

[@TetelestaiontheCross]

Thank you Dave. You’ve changed our lives! God led me to you and I’m so grateful he did. We were drowning and finally we can breathe! God bless you and your ministry to help people get out of debt!

[@sharonbrown9721]

Thank you Dave for the truth as always. Some people can't handle it including me but Thanks to have the guts to say what needs to be said.

[@KatieDclark]

Love this message! Dave Ramsey inspires me everyday! Thanks for being “weird”

[@ChrisInvests]

You have to be prepared to fail 9 times out of 10 in order to succeed 🤔👍 Almost any successful person will agree.

[@fromdustyoucame]

I fail 10 times out of 10.

[@marcelrodriguez2067]

My father did that now he is 70 years old with barely any money, so i gotta help him.

[@sunshinelawfan7693]

Nah. That's old, Henry Ford thinking. Too risky! 90% fail rate? Nyet...

[@jamesl.7725]

If you aren't failing, you aren't trying.

[@mikepawlikguitar]

This needs to be plastered on my wall. What a great comment. I need this comment as a daily reminder ✌️👍💪👌🤙

[@charlies.5777]

So true. I have an advanced degree in Economics ,BUT my personal finance knowledge leaves a lot to be desired!!

[@KayyoGamer]

Good thing I found Dave when I got my first paycheck thank you learning from other people's mistake

[@GacekDnb-dx7dp]

Thank to Baby steps i’m step 3 and trust me i can breath very easy now Thank you Ramsey solution Team and Dave and rest behind!!!!

[@ChineduOgu]

You’ve changed my life sir. Thank you!! 🙏🏾

[@jamesmir89]

Chineke ngozi

[@frankiesmom8478]

I love Dave Ramsey rants

[@stars1836]

If we make a mistake, we find a better path. And move forward.

[@joeivo911]

Love this. Thanks Dave. I’m just starting out and I need this.

[@deshawn1801]

Thanks Dave I needed this! when we get knocked down just gotta get back up and push even harder the next go around.

[@unworthyServant08]

Thank you Dave. Stupid behaviors and Impulsiveness hurt Financial health.

[@rogerepps7726]

You'll never hear a millionaire say "Yeah, those food stamps or AFDC was my big breakthrough in life. Saved me from poverty" either. The only way out of poverty is with capitalism ... A JOB! and saving money too!!

[@kzamora2548]

"If you aim at nothing, you will hit it every time. " - Zig Ziglar

[@dr.bassmab552]

I wish my fiancée listen to Dave Ramsey or at least follow the plans he offers . I moved to USA 6 years ago for school .. I started to listen to Dave few months ago as I was searching for some money advices and budgeting .. I am glad I found you before I get into the USA life and Debts... etc ..I glorify all the advices you give. Thank you Dave Ramsey.

[@dualthreatoutdoors]

5:45 “You’re an idiot”, I love it 😂😂😂

[@Triptoons]

If you are wise...There are many lessons learned when you fail.

[@NickPeitsch]

Learning through video, experience, reading, etc. can help you avoid mistakes by learning through others!

[@clair233]

" that's all of us, baby doll, that's all of us " lol brilliant

[@ktee1403]

Watching this after buying a bunch of xbox games on Amazon. Man I feel like a failure! Thanks Dave

[@eflvin]

I have done lots of dumb things with money. Now I know better. You inspire me, Dave.

[@jaguar28x]

If you pay your credit card off at the end of the month and are responsible, then it does not hurt to have a credit card and in fact it will help you get 1% 2% back from your spending. The problem is 95% of people are not disciplined enough to do that so in general Dave Ramsey is right on this one. Lucky for me I'm part of the 5%

[@CarlosFlores-xf2sn]

Lorenz Garcia thankfully I’m that 5% as well. $0 debt to my name ever since I finished hs 4 year agos. Just have to be disciplined.

[@jaguar28x]

@@CarlosFlores-xf2sn absolutely brother! That's probably why we're listening to Dave Ramsey.

[@CarlosFlores-xf2sn]

Lorenz Garcia Yup; Dave would hate us knowing we use credit cards but honestly you just have to treat it like your cash. I mean, you have to pay for it eventually so idk how people just go crazy & max it out you know?

[@Ryan_DeWitt]

Dave deals with financial alcoholics. If you dealt with alcoholics all day, you would tell everyone, even those who can handle their liquor to never take a sip.

[@wk3820]

I liken it to having a pet rattlesnake. You may be the best in the world at handling it safely, but eventually you will slip up and get bitten.

[@lulusp1023]

Just love to listen....great show

[@jimroscovius]

Dave is SO RIGHT on this. We made stupid decisions when we were young, stupid, and broke. We said, "never again," and got out of it. We've been debt free for years, have great savings, nice retirement investments, and a paid-off house. Just follow Proverbs.

[@snbi7518]

In order to succeed, one must be able to fail. Most successful people pick themselves up after many failures but they know that can’t stop them. Best of luck!

[@theelephant2887]

Agree that credit card points won't make you wealthy. BUT, in my case, I pay everything with my credit card (per my budget plan), I pay my entire outstanding balance every month, so no intrest, and I actually use my points sometimes flying for free.

[@postmatchanalysis2]

Who gives credit without an interest? Are the credit card companies gonna pay their staff without interest on the cards?

[@libertarian4323]

@@postmatchanalysis2 You pay no interest if you pay the balance every month. In 34 years of using credit cards, I've paid $0.00 in interest and fees.

[@InvestingEducation]

Totally agree. We all make mistakes. The important thing is to learn from thr mistakes. I'm sure I will pick some wrong stocks for my portfolio on my channel but hopefully I will pick some great companies too

[@Nyiswhereibelong]

Dave Ramsey is the greatest of all time

[@macy.schmidt]

I feel personally attacked 😩😅 currently stuck in a car lease (really the worst decision), am thousands of dollars in debt from getting a degree with little to no job prospects, and I decided to go to Europe for the summer with a net worth of wayyyy less than $4. Oh and I have a travel rewards credit card! Helped me save $25 to get here!!

[@mandysimmons2769]

First line sounded just like Mr. Rogers. LOL

[@moemoneysouth]

The ending . 🙏🏽 god bless and thank you

[@clive1699]

You’re amazing sir...True HUMAN being....Thank you...I MEAN THAT

[@MouseRata]

Called this morning to close my credit card account after paying it off. The guy tried so hard to come up with points, etc to keep me from closing. Then he says what if something happens and you need money, I said that’s why I have a savings account, that shut him up. It felt good to say, no thank you, I just want to close my account.🤓

[@keno8070]

Leasing always isn’t the most expensive if you add in the drop off when u drive it out and how much your car will cost to maintain but only some cars

[@AaronHernandez-xv4qh]

I have a masters in finance and I’m broke :D

[@lulusp1023]

Just love to listen..

[@dayrich]

averaged the last 2 & 1/2 months since the new years & we’ve spent $444 a month on out to eat for our large family of 7. 😖

[@GUTOMOFFICIAL]

"Said no rich person ever!" LOL

[@buffaloben15golf88]

Just recently got in a bad car accident, me beating at fault. It’s gonna cost me a lot of money because of my age and I’m going to have to sacrifice quite a bit in order to get myself out of this mess. But you know what? I could’ve died or been permanently disabled in the crash. I’m not. God gave me a chance to reset my priorities. That is exactly what I’m doing.

[@verysmartsolutions]

Learn from your mistakes and don't do them again. Get better faster by learning from other people's mistakes.

[@nisey088]

Preach Uncle Dave!!

[@carolynb.9469]

He should have Graham Stephen on to talk about wealth building and credit cards lol

[@linglee5759]

I have a masters in finance and almost broke

[@catt99mahal8]

$150k paid off…check 3-6 months emergency fund…check Invest 15%…check Mortgage…gazelle intense. Thanks 🙏🏼 Dave!

[@Albert12893]

Man's a legend

[@SensSword]

4:04 Getting a little defensive there about chocolate chip cookies.... ;-)

[@mojo6385]

I used to joke that a few of my family members are mathematical geniuses, but if you stuck a "$" in front of any of the numbers in a formula, they'd be instantly stumped. I'm convinced it isn't all math, it is the emotional side too.

[@matthewclaiborne229]

Man we were due for a patented Dave Ramsey Rant

[@golfwiz48]

What happened to the big “R” on the wall??

[@gandhithewise359]

probably got moved to their new studio.

[@TrickNPlay]

This video got me thinking, “yeah...I paid off the credit card, I paid off he car. Dave is right...how bout I do something smart for once in my financial life.”

[@rickm6076]

Failure with the Mobs money could be fatal tho.

[@mattd8670]

rick m60 😂😂😂. True!

[@cakepopcrush]

That discover cash back example ouch that was person

[@methujeraya]

The way he said "I like chocolate chip cookies" ahahaha

[@marcelosantana9311]

F!!! I love chocolate chip cookies too!!!😱😂

[@havuckofp]

Dude I can't even call Dave because he would bash me and my decision making so bad!!! You have hooooow much debt???

[@monkeseeaction21987]

"What's your net worth? Four dollars!" Ouch

[@iamlifeplanner]

I did many STUPID money mistakes before I reach age 26 because of my STUPID behavior! Thank God, He opened my eyes and make me realized - I need to change my family tree! I need to be wise with my hard earn money! Now, I am debt free and able to save 60% of my income! If i can do it, you can do it too! Keep it up everyone! Hope you all can have your own DEBT FREE SCREAM soon!

[@c103110a]

Dave, why don't you feature people who did the right things and retired early? It might help folks. Retired at 54.

[@swisstrader]

c103110a terrific humblebrag sir!!

[@ChasingMidnight001]

these really need to be titled motivational rants

[@AndyinMTL]

i leased a car 3 years ago....never again!

[@teesellz7692]

I still believe that God didn't make this world for everybody to be rich you still can have a good life by being smart Jesus said its going to be easier for a rich man to walk through the eye of a needle than get into heaven

[@ChrisMFlorida]

yes and god didn't say do stupid things with money either. It's all about your daily choices in life. That's where it begins.

[@MrZwartwit]

Hey Dave Ramsey. I’m from the Netherlands. I don’t share your liberal view and disagree with about 25% of what you said (not the giving part). But i’ve learned a lot from lisstening to your videos. I did reach step 7 baby step before watching the first video. My reason to build up wealth is to give away more to fight extreme poverty/climate change while feeling secure with my emergency funds. Not to get rich. I dont need more material stuff in my life. I thank you for educating people and become more illiterate with their money. Thanx a lot. Ps. Eat a snickers bar

[@Lori1976]

Dirk Tillaard What about his views are liberal?

[@josimatson7564]

My net worth is made of hopes and dreams.

[@hanes2]

May be true in america... in other countries, you fail one business, once you're in dept for a lifetime.

[@tommytmt]

6 people here work for credit card companies.

[@ECmom]

Tommy TMT now it’s 16 people lol

[@libertarian4323]

Or are rich, frugal people that us credit cards to their benefit.

[@ThatGuyOnYoutube2]

@@libertarian4323 thats the logic of broke losers

[@TheLizardKing1967]

Eleven failures in the thumbs down column. lol

[@libertarian4323]

Or rich folks who disagree with his rigid "one size fits all" jihad against any use of credit cards.

[@ghostphoto1789]

Heart failure is. But other than that he's completely right.

[@archiealsobrookii4755]

Facts

[@jadyphan5892]

Word of the day is "Stupid".

[@animalevictionservicesllc4391]

I freaking love chocolate chip cookies!

[@ambientdave]

There is no way I will be rich,on a pitiful low part time income working for a retail D.I Y store, here in the UK Unless I get an inheritance from somewhere heh,heh. Or find a better paid part time or full time job. There is a lot of truth in looking at yourself from within and plan a road map,so that you begin to control your finances by budgeting and scrutinising your spending habits I started to scrutinise my spending habits a few weeks ago,while out grocery shopping one day. You really have to have your eyes wide open,brain switched on and have a goal in mind to achieve this My goal is to be debt free and live a more contented life,without worry and build up some savings for a later day ,in my retirement .

[@thecattermat]

jesus christ dude stop using so many commas

[@ambientdave]

@Heated Heat Yes thats true,changing the mindset is what I am doing.But its very hard when you suffer from depression. I have no wife or family support,my parents have passed too. I have plans to look for a better paid job,so I can afford to make extra payments towards my debts.

[@ChrisMFlorida]

You got to start somewhere..Starting small doesn't mean you can't do it. I started saving $50 a paycheck in my 401k about 20 years ago.

[@ambientdave]

@@thecattermat my keyboard was playing up,so I have corrected my mistakes,sorry

[@ambientdave]

​@T thank you,I am from the UK Since subscribing to The Dave Ramsey Show,I have learn't a lot and can apply some of these ideas and thoughts to my own situation.

[@Ryan_DeWitt]

Again, NO ONE thinks they are going to be a millionaire off of cashback or airline miles. That is a strawman argument.

[@thecattermat]

ramsay sure is a huge fan of strawman aguments

[@libertarian4323]

Yup. The fact that many use CC's irresponsibly does not mean all of us do.

[@marcelrodriguez2067]

Depends if its a fatal failure 😂

[@dylanlundgren]

Recently lost my $1000 emergency fund by trading options with it while I am paying off my debts. It’s a failure, but not fatal. Follow the Ramsey system, pause investing while paying off your debts! The only reason I even lost it is because I was trading with the mindset of being so attached to that $1,000 because it was all I had. Pay off your debts first! Peace of mind will bring wealth, and successful risk-taking will occur.

[@MrJimmy3459]

Those idiots who defend credit cards by saying they pay them off every month just to earn rewards are arguing over peanuts in the grand scheme of finances

[@ResidntPresident]

MrJimmy3459 you can say the same thing about people who want to ditch them

[@MrJimmy3459]

@@ResidntPresident Found the idiot who uses benign credit card rewards

[@Ryan_DeWitt]

@@MrJimmy3459 Calling someone an idiot who you don't even know over the internet under an anonymous account some would consider idiotic in itself and cowardly.

[@ResidntPresident]

@@MrJimmy3459 I'm fatfire buddy. Best of luck to you though! Seems like your life sucks!!

[@toeknee5565]

Failure is fatal if your're skydiving

[@Coolfusis]

Well, of course wealthy people won't tell you credit card rewards made them wealthy. That's silly - 1% of your spending will never account for a substantial amount of your income, by definition. A better question would be "do you use credit cards frequently?" The answer would almost certainly be "yes." That's almost guaranteed. I don't know if I've ever met a wealthy person who didn't have several credit cards they used day-to-day. My grandparents, who are millionaires, use their discover card for everything and have done so for 20 years. Credit cards are convenient, have rewards, have better fraud protections, and have perks. If treated like cash (most budgeting software will do this automatically), and paid off immediately, there's virtually no reason to ever use a debit card. Now we can talk about the psychology of cash vs plastic, but it's not terribly realistic to rely on cash/checks in this world. There are plenty of places that have stopped taking either (when I was in an apartment, for example: it was e-check or plastic).

[@piraat070]

Leasing a Toyota Aygo/Prius is good if its your only "debt" and better if you are a business man you can write almost everything off.

[@libertarian4323]

I'm a multimillionaire. I use credit cards for almost every purchase. Never paid a penny in interest or fees in 34 years. I've made thousands in cash rewards. It's not reason I'm rich, bit it helps. Am I bad with money?

[@ChrisMFlorida]

You're an extreme exception.. Dave's plan is for the masses to turn their lives around.

[@Lori1976]

Chris Vandernaald Not too mention.. how do we know its the truth.. 😉

[@ThatGuyOnYoutube2]

odd you are even making this comment haha

[@jordielmolina4169]

Can someone explain to me in the most simple way posible what is a “Roth IRA” and a “401K” I would be grateful :)

[@Ryan_DeWitt]

Simplest way possible? 401k money is taken out before taxes and grows. You pay taxes on the growth and amount you put in when you take it out. ROTH IRA you pay taxes on the money before you put it in and it grows. When you go to take money out, you pay no taxes on the original amount or the growth.

[@jasonhowell8]

A 401k is administered through your company and you are usually limited to certain investments that your employer dictates you can invest in. An IRA is a retirement account that you direct, and as such, you have many more options.(As a side note, I don't remember the exact limits, but you can put much more money into a 401k each year than you can an IRA. That doesn't even consider any employer's matching contributions.) Both accounts can be either "traditional" or Roth. Traditional simply means that you are investing before-tax money. Thus all your current contributions are tax-deductible, however, your gains will be taxed at normal income tax rates. Roth accounts are funded with after-tax money. Your current contributions are not tax-deductible, however, all your gains are tax free. (In short, if you are young, it's almost always to your advantage to invest in Roth accounts.)

[@motoryzen]

Simple. roth = you're not taxed on the growth of the money. That's why Dave always recommends it because in the end..in the long run you end up with FAR more money to start drawing for retirement decades later. Cheers.

[@tmnic6971]

How are credit cards not a good financial decision? You can build points for you to use and also build credit. Just pay it every month so you don't get interest and don't spend more than you would otherwise spend if you paid in cash

[@vinniebozzuto3534]

Go to Disney World and see how rich you're not gonna be. Put that money away!!

[@ChrisMFlorida]

My 43 year old broke co worker just got back from there.. I'm like really dude? A single man with no children went to disney. Come to reality.

[@DanielIles]

*The quickest way to learn is to have more opportunities to fail*

[@ronwhiteleo3352]

its called taking the RED PILL Dave... lol..

[@1stLtDavis]

1:14 lol. Not really. /watch?v=UiCjwNeySco

[@suzydixon4930]

😲 definitely a contradiction.

[@TLJ1025]

I cant click that or copy it so idk what it is lol

[@suzydixon4930]

Auto fills the KZbin part in then URL bar. It’s one of Ramsey’s videos that does contradict what’s said here[about himself].

[@jrivera345]

Who should I open a Roth IRA with?

[@vinniebozzuto3534]

jrivera345 Target Fund 2025 or 2035

[@Dbzman-69]

Of course no rich people will say they are rich because of their points but tons of rich people use points specially the ones that travel all the time

[@carlosgutierrez2789]

And there goes Dave giving his "no millionaire I've spoken with got rich using credit cards" statement that he constantly makes as if anyone has ever make that argument! lol come on!

[@wa2k99]

Chocolate chip cookies are so overrated

[@NickOloteo]

Graham Stephan supports credit cards and he's a millionaire. Talk to him.

[@BYOB561]

Financial ignoramus lol

[@anonymousfinance-subcribe5268]

Yeah I’m failed at KZbin but hey it’s that the worst! (SUBCRIBE)