1:52 1. Live on < u make 2:20 1a. Monthly budget 3:07 2. Ditching credit 💳 4:15 3. Pay off debt 6:12 4. Build up emergency fund 4a. Minimum $1k →3-6 months expenses 7:04 5. Invest 15% income 4 retirement
@debbieweibley38995 ай бұрын
My son was just talking to me about this last night. Everydollar helped me get out of debt. I'm completely debt free now and trying to spread the word.
@jbmboy5 ай бұрын
After one night? Impressive!
@debbieweibley38995 ай бұрын
@jbmboy he's been against Dave for years. I believe that he's opening his eyes to the fact that the system works. It took me 18 months to pay off my car. I've been debt free for 18 months since the pay off.
@everettmanchester86585 ай бұрын
As for keeping a credit card because of problems they can get back into. SHES ABSOLUTELY RIGHT, if you meet these criteria’s…. If you are in debt of an any kind,….and living paycheck to paycheck. if you ever missed a payment on time….If that credit card payment ever caused you to miss a payment on another bill…, if you ever took out a cash on that credit card… Then you should never have one in your possession and this is a good rule to live by. Wife 1 had that problem🤯 it’s all about living within your needs, Having a budget, and not trying to keep up with the joneses. I found Ramsey and his family after my devorce. And Being self employed…. With no guarantee of a pay check…. One thing that I even us today is Dave’s “IS IT A WANT OR A NEED” that just saved me $1,800.00 on a set of new golf clubs. Took me 2 weeks to realize it, but I really didn’t need them. Years ago, I would of just got them.. I truly believe , this type knowledge should be offered as a Mandatory High School course throughout the U.S. plant the seed early, and the tree will grow strong…
@Aarrenrhonda35 ай бұрын
I recently made further purchases. Saving for a market slump is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In just 5 months, my portfolio's raw earnings increased by $608k.
@Peterl42905 ай бұрын
Despite my conviction in your direction, my recent stock purchases, and the fact that I am an AMC shareholder, I have not been able to amass anything. I had been in debt for far too long before the collapse. What are the steps required in investing?
@larrypaul-cw9nk5 ай бұрын
The best market strategy at the moment is working with a respected investing coach. I've been in touch with a coach for a time now, mostly because I lack the depth of understanding and mental toughness to deal with these ongoing market conditions. During this recession, I made about $700k, proving that the market is more complicated than most people think.
@sabastinenoah5 ай бұрын
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@Mrshuster5 ай бұрын
Please will you be kind enough to share the details of the man that helped you?
@sabastinenoah5 ай бұрын
Her name is “ Annette Christine Conte ” can't divulge much. Most likely, the internet should have her basic info, you can research if you like
@legendarytrails5 ай бұрын
It's amazing how many people don't know where their money is going because they don't know how to budget. Having an app is super helpful for most people. Good Video!
@sixpence98805 ай бұрын
Love your stuff Rachel
@russellpeffer77365 ай бұрын
Earl Nightingale said that security come from inside you. If not there, then nowhere. Yeah, I know. I get her point. Thanks for all you do Rachel!
@CorbinTate-gt8hm5 ай бұрын
good to have a great coach who know how to generate good benefit in stock investment
@sheldonmcpherson27125 ай бұрын
Please can you enlighten me on how you did it
@CorbinTate-gt8hm5 ай бұрын
@@sheldonmcpherson2712 Yes! I'm celebrating £12K stock portfolio today... Started this journey with £3K.... I've invested no time and also with the right terms, now I have time for my family and life ahead of me.
@sherrywright26145 ай бұрын
Rachel this might sound crazy, I am now debt free but having a hard time with my relationship with money because I don't have any debt to pay. I have spent 40years paying off debt and now that I have money it seems hard. Have others mentioned this??? And yes, I do have my emergency fund and savings.
@ashayhemy36175 ай бұрын
Waow....Just thinking about this
@denisebolin-clark88265 ай бұрын
Great video. The music is distracting.
@pnwflipper20895 ай бұрын
Yes Rachel’s team: please stop the music-it’s hard to listen to Rachel
@EricMoore7905 ай бұрын
Save small amounts all the time.
@tressalewis70045 ай бұрын
I am at step seven and the baby steps, but I am at the biggest challenge yet believe it or not. I really want to have a sizeable amount of cash in the bank…❤
@physicaltech125 ай бұрын
Whay about when young people said how do you build credit if you do not have a credit card to build your credit?
@micaelameister5 ай бұрын
Does anyone know a good budgeting app for Canada? Every dollar isn't available here 😢
@reneeantwi-boasiako39745 ай бұрын
Hi there! I believe Every dollar is available, just not the premium version
@dondenis15005 ай бұрын
I like her advise and how sh comes across. Her dad on the other hand can be pretty annoying at times.
@calzor5 ай бұрын
I want to be my emergency fund
@TeresaS-q7x5 ай бұрын
no, what everyone wants is for you to cut the music during the times youre talking. It's probably why you only have a couple of thousand views while having 400K subs... no one likes the music George has half the subs and 10x the views, what's he not doing, music over his voice.
@pnwflipper20895 ай бұрын
Yes! I’m like a quarter in and I can’t finish this video. Please cut the music!!!
@doubles15455 ай бұрын
George is constantly cutting random video clips into his videos which I find more annoying than background music. Here’s an idea- watch the channels that do things the way you enjoy and ignore the channels that annoy you.
@johnurban73335 ай бұрын
If you’re Living below your means you don’t have to worry about a budget because you’re living below your means which means you’re within a budget and saving money. Totally disagree on the credit cards because if you’re paying them off every month you’re getting great perks out of them which I’ve been doing for many, many years. Pay all my bills on them and get 1.5 to 3% cash back.