The Real Reason Everyone Seems Wealthier Than You

[@Leggoeljefeblu]

Comparison is the robbery of happiness, God always provides for His children don’t compare and be content with the blessings each one of us have

[@lemmdus2119]

EXACTLY 💯

[@tcgtpl]

I don’t advertise my wealth by having flashy clothes, cars, or house because I’m much more interested in what my money can do in terms of building more wealth, giving to charity, and building memories. Looking wealthy just puts a Mug Me sign on my back, figuratively speaking.

[@nicholsonks]

Especially in DC, where people are getting mugged for their Canada Goose coats and their iPhones, not to mention their cars.

[@VictoriaFirmstone]

Good advice to anyone today, Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments. Everyone should have BTC in their portfolio…

[@keairnsbruggink]

Trading in many source of income that are independent of government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Good asset and digital currencies are still good trading at this time.

[@HollyGarwell]

This is superb! Information, as a noob it gets quite difficult to handle all of this, and staying informed is a major cause, how do you go about this are you a pro investor?

[@keairnsbruggink]

A big thanks to Jihan Wu with his trading advice, at least I can afford a good home and also have to retire early.

[@RichardArthurBaker]

As a beginner in this, it’s essential for you to have a mentor to keep you accountable. Jihan Wu is also my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@GregFunnell-q9f]

Jihan Wu Services has set the standard for others to follow, we love him here in Canada 🇨🇦 as he has been really helpful and changed lots of lives

[@KLC777]

Great video, Rachel! MANY people use debt as an extension of their income.

[@brittanywallace2803]

Unseen factors is such a good point. We've been gifted so many things, including appliances and furniture. All that expense adds up over time and allows us to put our money into other things, which can make our life look different from others with similar income, who have less help.

[@RachelCruze-3]

Glad you resonated with it🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ🤍±𝟷𝟸𝟶𝟽𝟽𝟷𝟿𝟺𝟼𝟼𝟼 🗻

[@lemmdus2119]

I’ve never compared myself to others. However my wife does and I have always told her, old family money, debt spending, or they spend every penny they make.

[@RachelCruze-3]

Glad you resonated with it🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ🤍±𝟷𝟸𝟶𝟽𝟽𝟷𝟿𝟺𝟼𝟼𝟼 🗻

[@ItzTheThrill]

Thanks for the content!

[@Mari-xn1pr]

Girl I needed that ❤!!! Thank you

[@kimberlylepine5115]

This is a great video. So true!

[@brendatomlinson]

lol The people around me ARE wealthier because I’m a petsitter and the people I interact with are either upper middle income to generational wealth level. I don’t compare myself to them. In 2025 I’ll be raising rates and adding an adjunct business to increase my income. Thanks to you I’ve canceled all subscriptions except one - I didn’t have many to begin with. (Peacock is one I watch often.) Thanks for the ongoing food for thought!

[@RachelCruze-3]

Glad you resonated with it🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ🤍±𝟷𝟸𝟶𝟽𝟽𝟷𝟿𝟺𝟼𝟼𝟼 🗻

[@Lantyyyy]

Thank you for this

[@hardlife507]

Grandma helps with the kids, my parents gifted us a 2024 Atlas and gifted me 10k for a new car purchased and I paid off the rest. My wife also works. Yeah our HHI is only 140 in a low cost of living area and we live in the median non fancy area.

[@stevenporter863]

3:00 Why is overtime the default for Ramsey? Many people get a flat salary and are exempt from overtime.

[@anniealexander9616]

Doordash in the evening

[@stevenporter863]

@anniealexander9616 Obviously, but I was pointing out the overtime thing.

[@anniealexander9616]

@stevenporter863 You can only budget so much. Sometimes you have to increase your income

[@stevenporter863]

@anniealexander9616 Got it! Just a comment on their wording and assumptions.

[@xaldath4265]

Call it what you want, but the intent is "earn more". However you do that is dependent on you and your circumstances. Work overtime, get a part-time job, sell excess "stuff", start a side business, maybe grow it to be a main job, do gig work. Whatever it is for you, find a way to earn more. Remember they *cannot* give generic advice that applies to *everyone*. You have to take personal responsibility to learn what you can from them, apply what you can from them, and live your own life. Even when it comes to the baby steps, they will eventually work every time, although not optimally, but sometimes you have to deviate or take steps backward. Life comes at you; be prepared and adapt, or don't. That part is really up to you.

[@karenbachar5253]

I am preparing for 2025 by planning a "no spend year". I will be making up my rules to live by this year for needs and replacements. My reason for this is complicated- part because of what may happen in 2025 but mostly because I have long been an impulse buyer and I have so much that I just do not use. I need to shop my home and use up what I have....cheers

[@nicholsonks]

I am planning the same, simply because I have too much stuff. Let's do this!

[@martamartinez5955]

Aside from food, personal care, experiences and charitable donations, I'm not planning on spending anything extra that contributes to the economy...I have no consumer debt, student loans or a mortgage anymore! 😊

[@RebeccaKeepper.eXpRealtor417]

Even a no spend month or two, in the year is good to do

[@ItsmeCote]

I did that for second half of he year and I was able to clear 65K in debt. I'm now out of debt aside of the mortgage and finishing building my EF. It feels great to not having any consumer debts. It's difficult to describe until you are at that stage. Next step is #6 by paying my mortgage out. Half of my paycheque goes against my mortgage

[@raya9525018]

I Quit my job and got a new career because I felt like I wasn’t making enough. Best decision i ever made 🤝

[@RachelCruze-3]

Glad you resonated with it🤍🤍sᴇɴᴅ🤍🤍ᴍᴇ🤍🤍ᴀ🤍🤍ᴅɪʀᴇᴄᴛ🤍🤍ᴛᴇxᴛ🤍±𝟷𝟸𝟶𝟽𝟽𝟷𝟿𝟺𝟼𝟼𝟼 🗻

[@austinbar266]

Nice content! Few years back I was assistant to a wealthy pen artist and within the short period I worked with him I observed that he had quite a chunk of investment everywhere, stocks, crypto, dividend investing to name a few, so he had revenues coming in from all angles. And in a year his worth doubled. With this I learned that the rich stay rich by investing.

[@jcurdrayeric243]

Invest judiciously, keep a stop loss figure. Shuffle between debt and equity wherever the ratio goes too off your target. As for the target, I recommend a Ratio like this Debt % should be equal to your age in years. If you are 20, debt is 20%, reset in equity. If the market falls or rises drastically, your debt % will change, which you should rebalance to 20% and bring back equity to 80%. Thus you would have bought low or booked profit depending on if it was a crash or a bull run.

[@joshbarney114]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@FabioOdelega876]

I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

[@joshbarney114]

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@FabioOdelega876]

Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.

[@MexicoTraveller]

Do not covet your neighbors wife, car or house.

[@RebeccaKeepper.eXpRealtor417]

Yes I talk to God everyday. My advise, be talking to God everyday, at least once a day, to pray and let God know how thankful for small and big blessing. :) everyday 1-4 times pray, smile and say thank you to God. Amen ❤️🥰🙏🏻

[@SolaineDespins]

I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $650K in under a year on a podcast. What's the strategy for such returns?

[@Griffinguardian]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@LemonTwistSmiles]

Opting for an inves-tment advisr is currently the optimal approach for navigating the stock market, particularly for those nearing retirement. I've been consulting with a coach for a while, and my portfolio has surged by 85% since 2023

[@Diane-c7b]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

[@LemonTwistSmiles]

I've experimented with a few over the past years, but I've stuck with the popularly ‘’Melissa Elise Robinson” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@VilladsGoguen]

I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks

[@timothyoboyle994]

I like your video and yes, I compare my retirement positions... but it is what it is... and Your "Listen to More From Ramsey Network: " Links are mostly dead and need to be regenerated.

[@ajones8008]

Can everyone increase their income; or do we need to have poor people in the world? Income is the direct result of value; can everyone be more valuable? Value might change based on societal needs. Value = what society needs. I don't think society needs everyone to be valuable. Therefore we need poor people so others can have more value.....

[@IbrahimKone-ix4qi]

!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.

[@FederickLeo]

As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@DerickSams]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

[@DerickSams]

Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

[@IbrahimKone-ix4qi]

how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally.. What's your take on this approach? and How can i reach her, if you don't mind me asking?

[@DerickSams]

look up her name on the web for her website.

[@DEPUTYGETSOME]

How long do you think these Ramsey channels can keep making the same video over and over again? There’s like 4 topics…

[@xaldath4265]

I don't know. People still struggle with finances and need to be constantly reminded of even the basics. Probably a while.

[@xaldath4265]

Personally, I enjoy the fact that the message and plan has remained unwavering, though I do wish the starter emergency fund updated...sometimes. I know their answer as to why not is that it was never intended to be "big enough"...but there *is* a point at which it's so small that it's irrelevant, even to the behavior. Basically, if $1000 still gets the job done, why wasn't it $500 back in the 90s? The math just ain't mathing.