Start Thinking Like Rich People - Dave Ramsey Rant

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[@XavierSMG18]

Changing my life beginning today, I’m 22 and I refuse to hit 30 and still living paycheck to paycheck, Thanks Dave you’re saving futures

[@alekzanderbryant]

Xavier Fall sweetie it won’t take 8 years to stop living paycheck to paycheck. You’ll start gaining wealth faster than you think following a plan like this.

[@pamelaclark3102]

I refuse to hit fifty and still live paycheck to paycheck! I started budgeting in April, saving in June, got a second job in September. I am building a sinking fund for a new car in 16 months, and will be out of debt by summer 2020. "Excellence over time". I have stopped listen to the culture of "spend" and am now listening to my "long planning" window: saving for college and retirement. Long term, long term, long term! I love Dave. Go for it, Xavier! YOU GOT THIS - dial in that long term thinking!

[@ChrisMFlorida]

You can do it man 👍

[@enricmm85]

32 over here and have never lived paycheck to paycheck and always managing to save somewhere between 5% to 20% of my monthly income (45% to 60% when I still lived with my parents). And most months I manage to save 20% of the income.

[@Dannycky96]

Divide your paycheck in to percentage, use the 6 jar system, high yield saving account, investing, compound interest and don't buy things you can't afford live below your mean.

[@SF-eo6xf]

I wish I would have heard about Dave 15 years ago. But better late than never

[@outdoorsnevada4138]

true. found him about 4 years ago. glad i did. lots of good advice from him

[@SavageBunny1]

But never late is better 😂 same here, I wish I would have found him 8 years ago.

[@mzgemini0006]

I feel the same way! Man I wish I knew about him when I was in my twenties!

[@dccd673]

I wish my parents found him! They’d have been millionaires by now.

[@jackepstein7805]

My thoughts exactly regarding Dave Ramsey! I found myself broke in my early 50s (gulp), but I'm determined to be wealthy and secure when I retire in 20 years. Better late than never, my man.

[@dash4800]

The worst part about listening to Dave is he gets you really excited to start micromanaging your finances. And then you realize you don't get paid for another 2 weeks so there's nothing for you to do in the meantime but listen to him rant more.

[@TheIwearsox21]

dash4800 that’s what I’m saying! I get so hyped to pay off all my debt then I realize I don’t get my salary all at once. Slow and steady wins the race I guess.

[@dogan6070]

Lol

[@bransoneubanks]

The only thing I can do today is not spend money.

[@jgood005]

I look at it like a game of NOT spending money. How many days in a row can you go without spending money? Items you budgeted for don't count. Even if something breaks or gets a hole or whatever, do you need a new one ASAP? Is there any way you can repair it? If you need to replace it, what's the most cost effective way to do it? Being frugal and saying NO and resisting the urge to spend is an everyday thing

[@wheel-man5319]

Make your budget now! Seriously, you know what you will receive for your next pay check, you know what you owe. Write them down, subtract what you owe from what you earn. Owe as in currently due bills, not total yet. When you have a picture of where you are then you can start looking at where you want to be. Want to be debt free? Then first and foremost, who do I owe, how much is the total? List your debts from smallest to largest. You can actually do this before anything else. Are you in a deep hole? Stop digging!!!!!!!! Once you know where you are, can you build a $1000 mini emergency fund? Sure you can, sell everything except the kids! Somewhere in your stuff you ought to be able to come up with that. I could go on, but the essential thing is this: NOW IS THE TIME TO START!

[@crystalianike]

"if you plant corn, corn grows and if you plant stupid you grow broken desperate" he is savage AF hahhaha but this is so true!

[@lauralearningeverything5821]

Hey Dave! Just wanted to share that I started your program 2 years ago. My husband and I went from $100K in debt to Baby Step 6 in less than two years. Thank you for sharing your wisdom!! xo

[@bellasue02]

Wow!! congratulations

[@jeremyharden4656]

Congratulations

[@143cinderallle]

What are the baby step, I keep hearing it and reading it on comments section? I would love to know how I can get a hold of baby step, so I can start too🙏🏿

[@deannatroy8113]

@@143cinderallle Read his books. His first one is called Financial Peace. He explains it in his books. I think there may be a audio on youtube?

[@deathrowtodisneyworld5030]

I have a Masters Degree in D.U.M.B. Glad I finally dropped out of that program!!!!

[@wheel-man5319]

My D.U.M.B is at least a double PHD!!

[@daddykylo8661]

@@wheel-man5319 lol

[@sandilentshangase621]

a Doctorate in Poverty 😏

[@annajones9701]

I have an overated overpriced MBA..biggest waste of money ever

[@Mrsbbphillips]

Dave said “Rich people have wills and poor people have fights”. I have seen both happen and having loved ones fight instead of celebrating that persons life is the worst way to leave this planet.

[@frankfuoco6299]

So ture

[@YakMotley]

Haha! So true! "Rich have wills and poor have fights." That was my family to a T!

[@liberator9248]

a T?

[@Sonny_Contreras]

My wife and I started watching Dave and my new favorite saying is "Don't be STUPID" 🤣🤣🤣. I love it. Makes so much sense. I love the biblical principles and now we are saving up for the financial peace University. Can't wait to go through it and get our new life underway. God is good

[@Kejsh22]

Amen!

[@TrackRunny]

👍👍👍👍

[@DavidaKirlew]

FPU is well worth it!

[@nochindeluxe]

The phrase "Don't be stupid, you're taking financial advice from broke people" actually came up at my family dinner table the other night lol!

[@omargutierrez8840]

Me and my wife are about to pay off our last debt of $4600 student loan once we get the the lowered amount in the mail. Let me tell yall something, me and my wife make $60k combined and bc we paid everything that was a payment we are able to save 10k every 2 1/2 - 3months. This stuff works and i love that the principles come from the bible. God Bless

[@jusrarsh4109]

Live on less then you earn.

[@wheel-man5319]

Dun that!

[@ralphholiman7401]

Confusious say: Make two dollars, spend one dollar, equals happy man. Make two dollars, spend three dollars, equals unhappy man.

[@kateoloughlin8774]

Jus Rarsh I became a minimalist three years ago. My favourite inspiration video is Happy Zen life and Joanna Jinton on youtube. Downsizing works don't need all the BS and nonsense of our time. Kind regards from Ireland Kate. 👱‍♀️🏡☕

[@hotwax9376]

That seems like common sense, but unfortunately, far too many people are taking the common out of said common sense.

[@TimMcGraw-et7nq]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[@TimMcGraw-et7nq]

@JudeSouthgate However, if you do not have access to a professional like JUDITH ANN PEACE, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other

[@TimMcGraw-et7nq]

@JudeSouthgate Judith Ann peace is her name

[@TimMcGraw-et7nq]

Lookup with her name on the webpage.

[@TimMcGraw-et7nq]

@JudeSouthgate You are welcome

[@practicalbusinesstips5591]

The key is to get rich slowly. Make good financial decisions over a lifetime and this will increase your probability of becoming wealthy. Get rich quick schemes will often bring heartache.

[@alphamaletrainee8969]

Practical Business Tips I’m 19 years old. I want wealth as soon as possible, not when I’m 60. And it can be done, it has before.

[@lewishamos9402]

good thinking now you gotta figure out how to manifest that

[@rosen380]

If the get-rich-quick schemes have a 1% chance of paying off and a 89% chance of being a financial speed bump and a 10% chance of having lasting large detrimental financial effects, then you are taking a decent sized risk and repeating until the first one or the last one happens (Ralph Kramden) will more than likely end with the latter. But, make smart decisions with the long game in mind, especially starting early, and you have a pretty good chance of getting to your mid-fifties while being largely set to not have to work in your retirement and likely retire a bit earlier than average.

[@practicalbusinesstips5591]

Super T Rev You were referencing Proverbs 13:11-13 "Wealth gained hastily will dwindle, but whoever gathers little by little will increase it."? If so, I fully agree with this proverb and recognize that my comment is not original.

[@clarissamcpigeon7857]

The only sane way you can suddenly "get rich" overnight is either by a huge lottery win or massive inheritance windfall. The other ways to "get rich" are to build a large, profitable business and invest any income or proceeds into other things which can generate you income. For example, you're a corporate executive earning $1m a year - you should not be going out and buying helicopters or a gigantic house that's 10x larger than what your family actually needs. Don't try and live like a billionaire on a millionaire budget, because that will end in disaster. Live comfortably, not lavishly. Invest every spare dollar into other assets, such as property, stocks, real estate etc. You can give yourself an absolutely huge side income and at that point work becomes more enjoyable. That's part of the reason why so many tycoons and the super rich work until they drop - it's because work has become a hobby as they don't need the money, so they are happy to keep at it.

[@mr.boostang2064]

It took us almost a year but we finally paid everything off (student loans/2016 Corolla/credit cards) and I just sold my 2017 mustang today (10/28/18) and we are now finally DEPT FREE for the first time ever 😱. Thank you so much Dave for your teachings, now we can move to baby step 3

[@americanmade36merica99]

Dave Ramsey is my favorite and one of few online Mentors, I also love that he's a religious man. When we put God first, we are more blessed and emotionally happier.

[@matthewclaiborne229]

All I do now is sit around a wait for Dave Ramsey rants.

[@SavageBunny1]

Matthew Claiborne I hope you’re already rich and have all that time to waste!😂

[@granitemoss1451]

...and Dave Reads Mean Tweets. My kiddos LOVE those!

[@warcamp70]

that makes you a loser

[@kasken719]

@@warcamp70 "that makes you rich." I fixed your typo. Your welcome :)

[@ktrudy1]

Ikr

[@OscarMartinez817]

Rich people think long term money rather than short term money plus buying assets rather than liabilities.

[@mikenelson8377]

Oscar Martinez - Stock Market Hustler thank you Captain Obvious 🙄

[@OscarMartinez817]

Mike Nelson you would think this is obvious but sadly it isn’t

[@mikenelson8377]

My bad bro. I misinterpreted what you wrote.

[@MrMojagne]

Amen to that

[@Jason-uw3wn]

Agree 100 percent. Most people invest for a quick turn around not 10-20 years down the road.

[@shajames5007]

"When you do ordinary things with a level of excellence that's called diligence"- dave dropping gems ....pay attention

[@thomastungboih122]

"When you get wiser your life gets better"

[@RS-xq4hf]

I start my morning at 6AM taking a brisk walk around the neighborhood which takes 40 minutes, consequently the same amount of time as one of DR podcasts. It motivates me to start my day healthy and responsible, no frivolous spending!

[@ychongy]

Saving and budgeting needs to be at the top of your favorite hobby list.

[@xmochix604]

I love declaring that we’re wealthy. And I love being generous. It’s what makes us rich.

[@frankfuoco6299]

How

[@markwhittaker6866]

Fantastic.

[@stupidnato]

Dave mentioned something that gave me a brilliant idea for practice for all you folks. Before you buy something, no matter the cost, (could be 3$ i dont care), take atleast 1-5 minutes to reflect on your financial goals and if the purchase is really worth it. Make sure what you are buying will bring some sort of value. Don't go out here just balling because you have some money.

[@miltoncat]

“Fighting like a bunch of hillbillies”... Dave wins the internet! 😀

[@step2it7]

Fight over the three things that are on the windowsill!!! LOL

[@181210st]

😂😂😂

[@Damon-qt3fw]

Almost spit out my coffee when he said that.

[@junglejoy_co]

The financial daddy that helps straighten us up with that real talk, real love.

[@stacyh1223]

I like Dave's biblical references and his advice. Even if I don't believe in God, I can still listen and learn..people who are offended by that are too mentally limited to ever benefit from Dave's information anyways!

[@beemo9]

I wouldn't say i'm offended by religious references, but i do find it curious & amusing.

[@ClassicTycoon]

@@beemo9 Why is it amusing?

[@beemo9]

It's amusing that otherwise intelligent people believe the outlandish superstitions of their religion (actually their parent's religion).

[@chemquests]

ceddybo9800 it wasn’t really written by Solomon. It is a collection of wise sayings from that culture

[@jessicaqu]

Stacy H well said!

[@Crc7798]

My parents are big at spending their money. I love listening to Dave because he’s the only person I’ve heard say these sort of things. I don’t wanna live paycheck to paycheck like my parents. I wanna get wealthy!!

[@cunn1n6ham]

“If you plant stupid you grow broke and desperate...You’re going to get a crop of something.” 🤣😂 Classic

[@ralphholiman7401]

I wish my 16 year old self could have listened to Dave (I'm 62 so that couldn't have happened). I didn't figure out this stuff until I was in my late thirties, which is much better than never. But, oh, how I wish I could impart what I know now to my 16 year old self. With Dave, you young people can do that. He's not lying.

[@wilfriedvomacka1783]

True. The worst thing is that people don't know they don't know this, so they live their lives as everyone else. And that means with credit cards, leasings, in debt and broke. And nobody is teaching this (except of Dave). I found out there is such thing as investing when I was 29 years old, I always thought only rich people can do that. And I didn't invested much, because I spent almost everything. And finaly, last year (when I was 33) I discovered thing called frugality. I never thought I can save 60% of my income, just by not buying every single thing I like or find interesting, or nice... I never had a debt, so it took me only 5 months to get to baby step 4. But if only I found this out 10 years earlier, my net worth would be 5 times or more bigger.

[@michaelfleming40]

My Word. Dave Ramsey is talking that nasty stuff called Common Sense. America NEEDS 100 million more people like Dave Ramsey. ❤

[@kristen1225]

I love listening to Dave on a regular basis just to keep myself on track and with the right financial mindset!!

[@bellasue02]

I keep sending these to my daughter in college. Praying she watches

[@ms.shelia5737]

Yes me too

[@MegaFed123]

Thats so nice of you :)

[@rostar7256]

cheef she getting her back blown out

[@andrew0025]

@@rostar7256 😂😂😂

[@lalikhvedelidze1501]

So am I :) !

[@talab6302]

“People who are broke live ‘Woo Hoo!’” New favorite thing

[@outletted_creatives]

So grateful for your advice. Starting baby step one!! Kept praying & found your videos couple weeks ago, watching every day. My thinking is changing anout finances. Thank you.

[@lvteachme973]

You're right. I learned this is the difference between how the wealthy and poor think.

[@foreigncontaminant2015]

Dave, you're a great source of inspiration! I'm still years away from being a millionaire, but exceeded my initial plans by a good factor. Your wisdom inspires me to carry on.

[@crazywhoosier]

Dave when my kid was born i immediately opened a 529 and a savings account for them so their college and future needs like cars, or home deposit will be supplied by me. So he will be better off than me.

[@warcamp70]

that 529 is as dumb as a 401k. Any thing sold to the masses can and never will better for the masses. Only for the ones that came up with that sh*t.

[@crazywhoosier]

My 529 is invested in mutual funds that have had a 10-12% return for the past 25 yrs. I've already made 18% this year on the money I invest. I also don't use a state ran 529 I use one that is attached to my investment fund account so they do not charge any fee's for the 529 since my investments are with them. Sure maybe I am dumb putting money away for my Kid so when I retire I will not be paying his student loans because he will not have them. Today you either save for education early and front load the costs, or when they go to school parents have to take out loans and back load costs. Anyone who thinks students can go to college on their own with just student loans is a idiot. Plus As I said no one did it for me so I'm trying to be the best Father I can by not riddling my son with loans in college.

[@karenkramer3760]

I hope your son majors in something he can make money with. Most people I went to college with didn't, including me

[@crazywhoosier]

Maybe he will pick a degree like eating patterns of the celtic scots from 500 bc - 1100 ad (jk)

[@bec3993]

@@crazywhoosier ur doing great. My parents did something similar as you and I'm enjoying the fruits of the labour. Graduating as a dentist without any student loans. Thanks to Papa and Mama bank. 😍

[@vicentramirez3721]

Thank you Dave for all the great advice it’s really changed my life. Wish I knew about you in my twenties.

[@bellasue02]

Me too. I send all his videos to my 21 yr old

[@bobbileehall3567]

I love Dave more & more every day. He’s spot on! Stupid is as stupid does...my favorite saying.

[@coxdiesel1]

Don’t get wrecked up Get checked up from the neck up !!!my homie Dave talking slick thanks for sharing your knowledge and wisdom... I definitely will apply it with diligence!!!!

[@maitedr23]

So true what Dave said this is all I hear at work.. Oh God is Monday and thank God is Friday. Thank you for all the advice. I am leaning towards a better financial position.

[@TS-tv2ik]

Dave, I love YOU...thank you for teaching us!!

[@jenniferspisak]

The book of proverbs has transformed my life!

[@pupasarus]

When i was 13 My mom told me you can't do anything that costs money. When i was 16 she told me if you want to go to college you have to get a job. That was her long term thinking.

[@happyglowup7736]

Love what you said about rich people think about the long term. Also the idea of being diligent 👏🏼

[@step2it7]

Leaving the "Woohoo oh God" life in the rearview mirror. Thanks Dave you rock!

[@rockabillyrevolution]

Great that we got a mention in this video many thanks!

[@kingdomfithamilton7805]

Good conversation Sir

[@ttgsmokegaming770]

Thank you Dave, most people didn’t have someone like you growing to to show us. Glad you are doing it, even if it is for money lol

[@flyfitness5583]

Thank you Sir. I just did the checkup. Much appreciated...

[@TheMixingBowlHomestead]

I paused the video and took the check up. Thank you. I will be working on it right away

[@silverfish2341]

Thank you for the real yet harsh words. This is what I need in my life

[@JuanMedina-sk9vp]

Thanks so much for sharing this beautiful video audio thanks. I watching this kind of videos audios every day and learning so much. Think big and want to chenge be positive..

[@Mellybeans0919]

Thank you. Great checklist! (Took less than 5 mins!)

[@cris471]

I’m 2 years late watching this video but I still learn and enjoy !😊

[@lqla4837]

Omg the quality of your camera is amazing!

[@sadkins2]

I needed this rant..... great video

[@jamesjhonson4568]

Dave is 100% correct, good points, the financial decisions you make can have adverse consequences in the future.

[@ble22eda86]

Great advice and wisdom from the Bible and Dave!

[@rileynewton17]

Thanks for the checkup dave

[@tigerlee9613]

I say the calculated risk takers make you rich. People who start businesses and work hard. No one can get rich by just working hard all their life. Some work hard and they are still poor.

[@jenniferdavis2110]

👏 thanks so much Dave Ramsey!

[@tblessed9432]

Wow! I needed to see this video

[@julied915]

I read that today! Very interesting😀

[@CraigsCuts]

Just completed the checkup!

[@andrewf4623]

I have a relatively high paying job and definitely take a long term view of finances investing.... yet I still think “thank god it’s Friday / oh god it’s Monday” haha

[@raycarden7941]

Stop planting stupid and change that profile pic

[@normabarros3124]

Amen.....thank you

[@bunnandjenn9405]

I'm changing my life path begin today. Thanks for advising.

[@keithdmello]

So valuable thanks Dave

[@_.J.D._]

Preaching!

[@eoinbrennan3949]

"If you look for evil, evil will find you. If you look for good, good will never leave your house"

[@JuanMartinez-fx2kn]

I like Dave’s videos before watching...never been wrong.

[@hollyb6885]

1:01- if you plant stupid you grow broke and desperate. That is such a great line. I hope Dave doesn’t mind but I’ll use that on some lovable (but stupid) family members.

[@rb4382]

Good advice!

[@bobtom3756]

Dave is like the pastor of money management lol

[@brandonscott6606]

Got an advertisement to finance a living room set from The Brick...lol.

[@5StarFilmz]

Love this guy

[@rthelionheart]

Brutally-honest mode engaged!

[@mslikenootha]

I literally read proverbs several times during the week. As well as other areas of the Bible.

[@letty4558]

Amen Dave!!!

[@benwilliams787]

I cracked up when said winduh sill 3:57

[@ImprovementisGrowth]

I’ve already done my budget for the rest of the year.

[@girishgaikwad7559]

Thanks

[@realmofgaming7923]

Don't leave the paths of honesty!

[@theuglytruth4303]

So true !!

[@roybeltran1]

Dave Ramsey is the Best Financial Advisor on Planet Earth to Date: Year 2020

[@i9incher]

The checkup may be helpful, but the real reason is to generate leads for his ELP program. Which is fine, just don't pretend you're doing it "out of the goodness of your heart."

[@DianaCarolinaGirl22]

I loved it when you said, what happens when you get wiser?...you stop doing stupid stuff...haha. The book of Proverbs has definitely helped me and I did quit doing stupid stuff after reading it many times.

[@anadiosdado7921]

Gonna read the book of wisdom, brb! 🗣

[@my_humble_opinion4019]

That’s one possible interpretation of that proverb. There are other possibilities as well. Yes, you have to work hard in life and be smart with your money. You need to live within your means whether your making $10,000, $100,000, or $10,000,000 per year. No brainer. Get past budgeting, estate planning, and saving for retirement. The super wealthy, the class most people aspire to, and what most think of when Dave, Tony Robbins, and others talk about “being wealthy” have ways that they build and preserve their wealth that most people don’t have. Tax shelters, tax breaks and write offs that the vast majority of people can’t use. Why don’t we start redefining what “wealth” means and looks like. What does wealth look like based on your socioeconomic bracket and occupation look like? Working with what you’ve got. A teacher income vs. a physician vs. a tech or finance executive vs. a professional athlete vs entertainment mogul will all look very different. Not everyone has the intelligence, aptitude, or talent to be a surgeon, CEO, Grammy winning singer, or Super Bowl quarterback. Not all entrepreneurs create multi billion dollar companies. How do you work with you’ve got?

[@user-dq2ym1nn9k]

Define enough or you'll forever be chasing more.

[@DanielSelk]

I've planned at least the next 3 years! It's really exciting! =)

[@andrewf4623]

Checkup from the neck up, baby

[@Joe-jc5ol]

The poor people fights over inheritance. I have seen that happen a lot in my country in the middle east as well amongst poor people. The human experience it seems does not vary that much. It is funny when he mentions it I remembered how my neighbors, 6 siblings, were fighting over the poor dweling of their dead brother, the whole thing is not worth any more than 20k at most. And they fought bitterly...

[@michaelstick8580]

This guy tells the truth.

[@tracyskitchenandappalachia2954]

could not agree more.

[@supersmart671]

Dave, how do I know that I am over working or I am working hard..? is there a test?

[@themotorcycleguy5980]

“Don’t store up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal. But store up for yourselves treasures in heaven, where neither moth nor rust destroys, and where thieves don’t break in and steal. For where your treasure is, there your heart will be also. Matthew 6:19‭-‬21 CSB

[@joeymcfloey2467]

True! But do not live recklessly and neglect to plan financially for those who are left behind. I heard of Christians did not have enough for their funeral expenses and the burden fell on others. They did not save, take out insurance or write a will. In all your getting, ask the Lord for wisdom and understanding. BTW, the book of Proverbs is an excellent resource for finances.😍

[@James-vj5hz]

I really gotta start thinking more like Investing Hustler.

[@fluent_In_finance]

😂😂 You're mad funny Dave.

[@mattmoore9577]

“Thank God it’s Friday, Ohh Gosh, it’s Monday.”....well said Dave Ramsey.

[@HH-ng3lm]

I’ve been broke a thousand times but sometimes being broke made me rich