Financial Peace (🔴 Live): Baby Step 2 Explained

[@TheRamseyShow]

Deal: Buy FPU $99, get any free book: bit.ly/2O6v4NC *book voucher will come in purchase confirmation email

[@okyereis]

does this include all the resources? how different is this offer from the $129.99?

[@paulmoore868]

Free content is better ;)

[@boomsuga]

The Dave Ramsey Show I’m poor I can’t afford FPU

[@XFizzlepop-Berrytwist]

I find Dave’s math wrong? Maybe I did it wrong, but I got about 2 mil. 506$ every month for 35 years, at 10% interest. I got 1,953,623$ Compounded 12 times a year. You would have to get 14-14.5% to reach 5 mil.

[@spoiledapple9201]

The Dave Ramsey Show I am new to your videos. Is this a one time 99.00 charge? Or a monthly charge?

[@gootyeriz]

We finished baby step two and got some negative feedback from a family member. They said, "you aren't debt free. How can you be debt free when you still have a mortgage. You still owe somebody money..." We didn't let it rain on our parade. We know we are winning.

[@Sinful_Survivor]

Your Close, Really Really Close to being Debt Free. Technically their right but so so wrong lol most of your income is free'd up just Bills and Mortgage and im sure you'll have the Mortgage paid off in no time :]

[@anniesshenanigans3815]

I plan on keeping it to myself until the mortgage is paid off as well.

[@LuisSaulny]

Congratulations David, the first part is to do the change. Also remember that you need to have "Haters" to succeed. Sometimes those come from your own family.

[@griselleisara3799]

Silver Boomer great idea. It’s better to do everything quietly. 👍🏼

[@sethshaffer8592]

Hey david when you throw it back in their face after you pay off your house come back here and let us know how it went!!!!!

[@dalemccoy8399]

Because of Dave's teaching, my wife and I got out of (and stayed out of) debt for at least 15 years! Thanks Dave!

[@asiafuhaamango7930]

Finished Baby step 1 now on baby step 2. Just paid off one loan but still have a little ways to go! Before I used to be bummed out paying my debt. Now I'm excited and happy to know that by 2021 I will be debt free! On my way to become an everyday millionaire.

[@ryanthepianoman27]

How did it work out :/

[@shelley8211]

Dave, I listen you every single day. I really appreciate that you taught me this way. You are my first financial teacher. You are best.

[@Rachel31525]

Listening to your show everyday makes me so grateful that I have $0 in student loan debt and will be graduating next year. I don’t have a lot in my bank account, and I have some credit card debt that I’m working on, but no student loans!

[@sethtraughber5300]

Thats awesome! Good job student loan debts are the worst. I am the exact opposite I cleared my credit card debt and now just working on the monster that is my student loan. Keep it up your already halfway there!

[@TimbleM]

I’m a new listener and I’m totally hooked!!!! 💕 PRAYER really works - my fav tip!!!!

[@edwardrobichaud7789]

Indigem M I’m going on 5 years, his system/Theory works. I’m debt free and look at life so differently. Best of luck

[@chantelwade99]

All things are possible with God

[@user-go5hv6dg3d]

@@chantelwade99 it's not god.. its you making the right decisions... that's it..

[@frankrodriguezit]

How’s ur debt free journey going?

[@wrenchguy2937]

Dave u single handedly helped me change my family tree. Thank you!!!! The little man can move ahead!

[@3littlekittens0204]

Dear Mr. Dave Ramsey, I want to glorify God for leading me to your podcasts. You have taught me so much about living a financially healthy life and making those dollars behave. I’m far from financial freedom but you’ve given me the tools to getting out of debt and building wealth. Thank you. Amy Wilson

[@debrarivera6271]

God is using Dave Ramsey financial stewardship this is truly helpful I am an older woman starting over separated it's never too late to prosper Thank you

[@generalgrant9066]

Thank you for allowing God to used you as a "vessel", so I can receive His message.

[@cspann33]

This principle works. It’s unfortunate that I started out well then became side tracked and racked up 10k after paying off 20k when I first started his program. I’m back on it and staying on it for life!! Budgeting works!

[@ntmn8444]

MarNichole it happens. Just keep working on it. You’re fine!

[@Roan.bot.]

People think prayer doesn’t work because they don’t get what they ask for. Prayer is a conversation. It only works if you listen. If you don’t do what God wants you to do chances are you won’t achieve what you’re praying for. Remember that.

[@ARMYSTRONG007]

Especially repentance

[@marikablackmon2549]

Preach

[@hoademo965]

I am pretty new to your show and I am addicted. I see that you helped many people including me. Thank you!

[@thomaseidson6374]

WOOOOOOT. Dave Ramsey and 7 Baby steps are such a key to financial winning. Get serious with it people. Much love from Texas.

[@dalilanarane1654]

I absolutely Love this. I am a new listener and I am hooked by this. I am so far behind that it hurts😢. But I still have health and I am going Gazelle intensity....

[@xeniadv]

New listener here. I’ll do my baby step 1 soon. Thanks Dave

[@josuepaz9446]

Hey dave, just letting you know I'm a gen z and I listen to you every day, love your content.

[@cynquettadean7114]

Thanks Dave. All my consumer debt is gone. I sleep much better now

[@TheMoneyResolution]

Great perspective about our credit score obsession. While you shouldn’t ignore it because it can get you the best rates, it’s smart to not obsess. And even smarter to NOT borrow in the first place! 🙌

[@jonotas3534]

Thank You so much Dave Ramsey!!

[@ToyyaWilliams]

This is the best one I've watched yet. I'm inspired to stop using my rewards card. Dave hit the nail on the head. I started off doing great, paying my card off each week to avoid interest. All it took was one trip and a couple busy weeks for me to find myself in over my head in Less than 30 Days! Time for some Painful plastic surgery!

[@izabellaparuit8020]

"Thank you God, for Dave Ramsey" !

[@fcdl61]

Step 3 (payoff debts) is the hardest. You have to make sacrifices and cutback. It helps me maintain discipline, I read every CC and student loan statement each and read the interest being charged. Seeing how much of my income goes to bankers helps me not buy unnecessary junk and use that income towards principle.

[@DarrenSemotiuk]

1 emerg $1k 2 DEBT snowball 3 emerg 3-6 months of expenses

[@LCmonman]

Dave you are so much fun!! There will never be another you!

[@utenagel6474]

God Bless ya from Germany!

[@justinacase2623]

It works folks!

[@velmacoutee2613]

I love Dave Ramsey.

[@ARMYSTRONG007]

You love what he does.

[@velmacoutee2613]

@@ARMYSTRONG007 Of course what he does.

[@ARMYSTRONG007]

@@velmacoutee2613 we really don't know who he is. Just saying. Peace to you.

[@graceyfreeman2502]

Louder, Dave, for the people at the back! 😁👏👏👏💗

[@dok092706]

Thanks for live show.

[@reneehill4387]

Amen! I love what you share. Please come to Australia.. we need you

[@MJKT95]

Dave: Good to be back in America. Me in Cali: TAKE ME WITH YOU!!😭😭

[@kalumaseka5141]

Prayer really works ~ Fact

[@dchrysostom]

Amazing smart man.. love from Canada 🇨🇦

[@gsfcdy]

There wasn't a single banker in that audience

[@TonyMaine915]

Awesome Speech!

[@MrJoel8959]

Hey Dave, have you studied the used car market lately? I think your message has single handedly increased the average cost of used cars in America. Thanks O’Ramsey.

[@insideoutsideupsidedown2218]

And?

[@kevinmyles1158]

Just got done listening to your book Total Money Makeover.

[@Rashaadthegr8]

Wait 34K a year paying off 100K in 4 years. That's $25K a year so she be living off of $8K with a kid(s) is impossible unless her income has went up in that time dramatically or she is living with her parents or someone and not paying rent. But even then it will be extremely hard.

[@marisatrevino306]

My kids started fearing us when we started the Baby steps😂😂😂

[@InvestToLive]

HA!

[@tracygrim2155]

They thought they were next. Hahaha

[@hoademo965]

I heard about Financial Peace through our church and wish we heard about this 20 years ago :)

[@TonyMoze]

I love Dave!

[@marycalifornia8276]

I learn soo much from the information you give out.thank you so much!

[@user-go5hv6dg3d]

Oh great FICO... lol that was great...

[@thepennyhomestead3534]

The C.C. permit was by far the best part. Welcome to America lol

[@MUSCLECENTRIX]

Loll this guy’s so funny and really smart

[@motoryzen]

18:27 to 18:38. aka " You cannot heal the wound if you DON'T stop the bleeding" ;)

[@golfshapedjoelskull9492]

Finding Ramsey changed my life. Catapulted my finances, made me a better professional and a better person. Gazelle Intense!!!!!

[@dbmgna3951]

Level 4 Training! This is what Corporate Trainers call post course follow up and through.

[@ParkerBG]

At 9:31 I thought Dave was going to say, “You’re FICOen with me?!”

[@bobeech9728]

Hey Dave dont think all people from CA are the same, cause I want out of this state 🤦🏻‍♂️😅

[@ARMYSTRONG007]

Why, I was thinking of moving there. Isn't it beautiful?

[@nakisha1213]

I've had it!!!

[@dreameryoung38]

Well Dave starting over again , can't believe what probate and a crime I'm innocent of has done to me. It's until I moved that I learn it was affecting me.I got my thousand dollars,no bills.If only I knew about investing when I was young ,am now close to retirement age so I got some work

[@girlygirl402]

My three heroes Jesus🙏🏻❣️ Dave Ramsey, David Goggins 🤣

[@envyandgreed15]

only thing i dont understand is if u say have no debt but still have high monthly bills that are not optional. how do you save enough for say a new car , or a house. id never have 300,000 outright to buy a house and land . i would have to barrow which is debt

[@astrothsknot]

go back through the bills and make sure you're getting the best deals. first time i went through a comparison site i saved £2500, just by moving car ins etc. but dave's not against mortgages, just make sure it's your only debt. i had to borrow when my car died unexpectedly. i already had £1500 emergency fund, got £500 off the car, got £4000 off my mum, bought a 5 year old astra a year past may. I should have paid it off this coming january. I worked extra shifts and will have it paid this month. I'll be on beans and toast for next few months, but I will have no car payment for the next five years and the money can go back into savings. I also coupon and use cashback sites and bank accounts. If i ever do spend on my credit card (legal protection is good in the UK when you buy stuff) it's paid off in full as soon as I get the item. I'm not rich, I'm just a single mum who works as a healthcare worker. It's doable for everyone.

[@tsx0013]

"Just stay over there" 🤣🤣🤣

[@Jadeonepaws]

What do you do with your bills while working on step one?

[@Graceandcompany]

You pay them. Debts all go to minimums.

[@tracygrim2155]

Pay the minimum to keep it current, then take any left over money and throw it at the smallest debt to get your snow ball going.

[@dreameryoung38]

I love listening to him the ones who criticize him are the banks

[@dicedtomato3471]

I hope to one day cut as many credit cards as Dave Ramsey (without using them)

[@tonybryant7846]

I know this is an older video, but do you ever come to South Carolina around Spartanburg area?

[@GodsMightyRightHand]

If you live in Joliet Illinois Messiah Lutheran Church will be paying for the course and the first 10 people that complete the course will get $100 to start their emergency fund.

[@GodsMightyRightHand]

Classes begin April 11th

[@nmarkert01]

I don’t know Dave… Bruce Willis changed my life…. 🤣😂🤣

[@joelv9810]

He should do stand up comedy

[@803trends]

He is... lol people are paying to come see this! Dave is awesome and has helped me. I'm on Baby Step 2.

[@charliipresley]

Never understand how using a credit card for rewards and paying it in full every month is stupid. Can anyone explain …

[@dbmgna3951]

Don’t you love when you see G o d’s hand and you can say thank you.

[@Roan.bot.]

I’m definitely liberal but I love when he said the thing about handgun carry permit. “I was in California the other day . . . It’s good to be back in America.” 😂 I do think it’s stupid that if someone breaks in your house there you can’t actually defend your house or yourself. I like the very blue states but even as a left learning black person I just can’t see myself living anywhere other than Texas and the other southern states. There’s a certain grit I like about it that I just don’t feel in places like Manhattan or San Francisco as hard as it is to live in those places.

[@BrotherTonyshow]

My wife won't get on board. So we separated our finances and I'm almost debt free

[@rvingjetpilot5302]

If the debt is zero interest , but still one of the lowest debts would you pay it off first?

[@ladykemma3]

Yes, get it gone

[@TheRealMrLane]

Good to be back in America 😂😂

[@ARMYSTRONG007]

@StoaCode ONLY people who have never travelled abroad can't appreciate the U.S.A.

[@paccarcrap]

Fun but not feasible on your way up to bldg. your savings to a point where you can pay cash for everything

[@firebendstea2768]

Is Dave Ramsey a financial advisor or a comedian?.....or both!

[@XFizzlepop-Berrytwist]

I find Dave’s math wrong? Maybe I did it wrong, but I got about 2 mil. 506$ every month for 35 years, at 10% interest. I got 1,953,623$ Compounded 12 times a year. You would have to get 14.5% to reach 5 mil.

[@ntmn8444]

Try compounding daily, not monthly...

[@XFizzlepop-Berrytwist]

Nt Mn I just did, it is only like a 10k increase. 365 times a year compounded.

[@XFizzlepop-Berrytwist]

Dougie Yes, 45 years gives me 5 Mil. But not 35. But at 12% it gives me 11 mil.

[@Youdontknowme966]

Where is part 1??

[@lovealwaysjasmine]

oscar argueta baby step one is save $1000 as a starter emergency fund

[@jesus156c]

I feel happier and see life different. I was sad before bc I owed 5K the snow ball method really works

[@Gary.g19]

Can we get this program in Canada? Financial peace University

[@special_k-hvac]

It may be available locally but you can do it online too

[@myoldvhstapes]

One of Dave's mods on a live chat explained it can't be sold in Canada because of the word "University."

[@undergroundlegends6838]

Hello

[@bambie3393]

i live in ireland dave ramcey is this suit me ?

[@SEATown420]

debt is an ancient concept. So it applies everywhere.

[@bambie3393]

@@SEATown420 i do not have debt! i am looking for business online or work online and other strategy.

[@Lifesetup2]

What if we don’t have a mortgage?

[@russlea6383]

Once you pay off your Target card, take it to the range. ⚫

[@margom.5632]

What was on the screen the first sentence he showed? Now I’m curious lol 😂

[@bambie3393]

is this only in america ?i live in ireland

[@stevenbailey1201]

How are you supposed to have no payments? You have an electric bill, car insurance, etc

[@tracygrim2155]

Those are not debts. Those are monthly expenses.

[@akifox8629]

You can't compare $506 over 84 months to investing $506 for 35 years.

[@stemikger]

At 7:51 Financial Peace Live became an NRA Rally. LOL.

[@bambie3393]

hi would this suit me i live in ireland?

[@tracygrim2155]

Dont matter where you live, his principles are still the same. Do the baby steps.

[@cwolfxuk-other]

Is this the 7pm stream?

[@beingmimi1717]

Checking in from Cali love you to Dave and remember Cali has the highest economy of all the states!!! We may have some far liberal ideas but we make money!!!!

Ur state is nearing bankruptcy shutup

[@rongmail-downing2307]

... 'about got arrested in CA. LOL

[@XFizzlepop-Berrytwist]

Its also true that American culture is one of the only cultures where parents kick kids out at 18. XD Thats why people are so poor. Staying at home is what allows you to build wealth.

[@briansmith8390]

This is the dumbest thing I have read in awhile. Kays logic is what makes kids today poor, deoressed, and pathetic. Go live your life.

[@jessicavazquez8299]

@@briansmith8390 I don't think it's a bad idea to let your kid live at home longer than 18 years. As long as they are saving money, working & pitching in at the house, it's the greatest gift you could give them. If they are lazy, then kick them out so they learn. But maybe if you just teach your kid the right way from the beginning they won't be a bum.

[@jkpropertymanagers]

I relapsed today and spend $10 on my credit card. Lol I bought organic q tip style cotton swabs and a beauty sample box.

[@dermo10]

He is right in almost everything and I started to climb my way up the babysteps. But there is one thing that bothers me. In order to make 5,000,000$ by saving 500$ a month over a 35 year period the interest rate would have to be around 14 to 15 percent. I think thats not realistic. If you saved 2300$ over 35 years and your interest rate would be 8% would also end up with 5,000,000$. I think that's the proper approach. Save more! Thanks Dave

[@pablofr74]

Freaking great!

[@omgitstj211]

Good to be back in America

[@ehudkirsh766]

"Dave, you're weird"

[@Arun71150]

So good💗Ty

[@psilk34]

This can all be seen in better older videos.

[@elmasacote2011]

How do you become debt free when you are disabled making 2100 a month

[@XFizzlepop-Berrytwist]

I find Dave’s math wrong? Maybe I did it wrong, but I got about 2 mil. 506$ every month for 35 years, at 10% interest. I got 1,953,623$

[@NiamHmoobMuas]

Love what you do Dave but I need some info on investment without paying an arm and a leg for a financial advisor, fiduciary or not!

[@KS-hi8vi]

Go to his website and go under ELP - Endorsed Local Providers

[@MrRudedawg562]

Lol California needs a change in their thought process

[@Nekesu]

We do, that's why I'm moving.

[@ARMYSTRONG007]

What thought process? Why Is it different than anywhere else?