The 7 Baby Steps Explained - Dave Ramsey

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[@TheRamseyShow]

Nix the guesswork and scrolling. We’ll connect you with investment pros we trust: bit.ly/3hc6Pgt

[@julesj5853]

I used to do some thing before I knew Ramsay existed and it worked great but since I got married we don't agree on anything financially and we make just enough money to live minimal and when I say minimal, I mean basic necessities and we never have enough to save and when we do have surplus the cost of living always goes up and we're back at square one, it drives me nuts but my husband doesn't care either way. I am 45 and I have been taking care of my grandparents and the reality of getting old is hitting me hard and I very much desire to make savings and retirement a priority because we're not getting any younger and long term care is expensive!

[@ElenaFrankfurter]

I just turned 41 and awfully late to investing with barely any portfolio except my 401k, I have a decent amount of cash saved up and with inflation currently soaring AGAIN, I’m getting worried about retirement, my intention is to retire at 65 atleast, so how best do I maximize my savings of over $500k

[@Emmanuel90970]

It may be a good idea to speak with a financial advisor who can help you develop a portfolio based on your individual goals and risk tolerance.

[@AddilynTuffin]

Partnering with a financial advisor has transformed my approach to investing. Their expertise and personalized guidance have not only helped me navigate complex financial markets but also optimized my portfolio to achieve my long-term goals efficiently.

[@DanielPanuzi]

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and am interested in investing in stocks, and I'm seeking guidance.

[@AddilynTuffin]

*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@ElenaFrankfurter]

Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info

[@stephaniebeddis8069]

I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.

[@AartFiona]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@user-um8pz5fl5c]

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

[@MaiDaniella-mr2gq]

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

[@SteveBrown-yt3uy]

I'm new at this, please how can I reach her?

[@HansonWisdom]

Most people are retiring this year and has nothing to show for. But I assure you it's never late to get your financial life together again.. All thanks to Charlotte Grace Miller for I and my family

[@GeralynWinnifeld]

I've been diligently working, saving, and investing towards financial freedom and early retirement. However, the economy's downturn since the pandemic has significantly eroded my portfolio. My question now is: Should I continue contributing to my portfolio in these unstable markets, or should I explore alternative sectors??

[@chriswalter92]

I'll tell you that it's practically hard to rebuild your retirement on your own, without a partner's assistance. Not even NewRetirement and associates can match the skills, experience, and broad clientele of a professional financial advisor. Assess and select one, and then use a financial advisor to help you allocate your funds.

[@tahirisaid2693]

As a contractor, my job leaves me little time to thoroughly analyze my investments or evaluate stocks myself. Therefore, for the past seven years, I've entrusted a fiduciary to actively manage and adjust my portfolio to align with current market conditions. This approach has helped me navigate the ups and downs, knowing when to buy and sell. Perhaps you should consider a similar strategy..

[@Williamesq12327]

Please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch if you don't mind

[@tahirisaid2693]

Angela Lynn Schilling is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Williamesq12327]

Thank you so much for your helpful tip! I was able to verify the person and book a session with her. She seems very proficient and I'm really grateful for your guidance

[@Hijabibti925]

As of today I have my 1000$ savings 🥳🥳🥳🥳🥳🥳🥳🥳🥳🥳

[@Rico401Prov]

Get it, girl 💪💯

[@cameronspeed9052]

How’s it going now? 😮

[@biblelovingirl]

Way to go!!!

[@Christian-Dario]

Let's gooooo

[@Qurbajoog]

You go girl 👏🏾

[@christianrode8316]

The financial manager projects how much money the company or an individual will need in order to maintain positive cash flow, allocate funds to grow or add new products or services and cope with unexpected events, and shares that information with business colleagues.

[@theresaquiera7412]

The also allocates the company’s available funds to meet costs, such as mortgages or rents, salaries, raw materials, employee T&E and other obligations.

[@EricBrittonSilvado]

Ideally there will be some left to put aside for emergencies and to fund new business opportunities.

[@durhammiller8817]

Timothy Eric Meek always emphasis that finance teams must track current cash flow, estimate future cash needs and be prepared to free up working capital as needed.

[@princeholgate9325]

He is a genius

[@rosannaconstil571]

Looking at it from Timothy Eric Meek perspective, a financial manager’s activities, revolve around planning and forecasting and controlling expenditures.

[@susansauls8902]

1. $1000 emergency fund 2. Get out of debt (except mortgage) 3. Save 3 - 6 months of expenses fully funded emergency fund 4. Invest 15% (start Roth, then IRA, then 401K, ) 5. Save for children’s college funds 6. Pay off mortgage (should take 5-8 years) 7. Build wealth & Give Outrageously

[@tabithah8448]

Thank you!

[@grop66]

Thanks for the time stamps 👍🏻💫

[@nakho3550]

Start with 401K match first.

[@pabloalvigini9823]

I live in Argentina. To be in debt here is very rare, so I find these videos quite interesting. This is how it would result the baby steps in here: 1. Done. We live under emergency 2. Done. Interest rates are so high that only a lunatic would take a loan. 3. Done. Here is like living a pandemic every 4 years. 4. We have public retirement. But better to make investments,. this is THE challenge here. 5. Done. College is free here. 6. Nobody access to home loans. Unfortunately, Not an issue. 7. Wealth here is called “BBQ with family and friends”

[@RoddieSimmons]

@@pabloalvigini9823 I agree I live in Brazil (American) and it is the same here. There is no debt, loans etc. Everything my family does is through cash. My Brazilian wife built a senior retirement complex for my 96 year old Brazilian 2nd. mother and her mentally challenged uncle. Thinking ahead We also have a third house for our live-in caretaker and her family. When my wife and I (50's, 60's) get older we already have our (All one floor, no falling down the steps) retirement home set up. 😎

[@walkidiafuentes7021]

Today I paid off my house mortgage. I am officially debt free and on baby step 7! I am just ready to save/invest, enjoy and give. So excited about it. Thank you Dave for your teachings, so grateful. God bless you 🙏👍 BTW I am 45 years old! 🤩 and do not live in America 🇺🇸 but in a third world country 🇭🇳 😁 if I did it then we all can do it 💪

[@anthonyfonseca2417]

Can you share your story? 😊

[@Ammar23217]

@@walkidiafuentes7021 wow. you are 45 are free.

[@walkidiafuentes7021]

@@Ammar23217 yes I am 45 and free! How about you?

[@Ammar23217]

@@walkidiafuentes7021 dont have debt but dont have home either. But have some savings and investments in funds/stocks.

[@MgGlobal]

You are never debt free. Now you have to pay property tax for the rest of your life and utilities and food etc. You will never be deft free in America 🇺🇸

[@LukeWilsonACA]

“Sell so much stuff, your kids think they’re next” 😂

[@BlueDauntless]

One of my favorite lines.

[@RogerWellington-zp1nz]

😂😂

[@joanb4456]

I never get tired of listening to the baby steps.

[@wt9653]

Baby steps to nowhere for most people.

[@timandnatd]

You don't need to listen to them when your done them.

[@lorarooks5515]

Right!

[@LubosMudrak]

I hate how much my autocorrect is fighting me when i use english language, sorry.

[@andyhanson2623]

Right, literally 19th time seeing it but never in the same video 🤣

[@ryankiel4895]

To the skeptics, the baby steps work. I have gone from a negative net worth to 330 grand in about nine years. This includes marriage, buying a house and a van, completely paying all consumer debt and having four kids, and only 35 K left on the mortgage. I make a modest salary, less than 80 K a year. Dave's baby steps work.

[@kwabsforchrist]

Which state are you in?

[@ryankiel4895]

Fort Wayne, Indiana. It's very affordable here which really helps.

[@jocelynford4209]

This is amazing & inspirational!! Good for you! 👏🏾

[@ryankiel4895]

@@jocelynford4209 Thank you very much. I really appreciate it.

[@jocelynford4209]

@@ryankiel4895 Aw definitely, you are so welcome Ryan!

[@shadek144]

Proud to announce that as of yesterday IM DEBT FREEE! This channel over these past two years has been such an inspiration and a rock steady lighthouse through so many storms, i just wanted to say thank you to the Dave Ramsey team and community for all the wisdom advice and support everyone has shown in helping people build better lives. Y'all are the best.

[@bbbbb7813]

So proud of you!

[@deborahblackvideoediting8697]

Congratulations! That's huge!!! 🥳

[@zachaugustine893]

Good job!

[@serenity6506]

YAYYYY

[@Bloodfang152]

Congratulations! Hows it going?

[@EricMoore158]

I want to invest roughly $70,000 in stocks since I've heard that even in challenging times, investors may turn a profit. Any excellent ideas for stock?

[@RhondaLawson014]

It's crucial to have a well thought-out strategy and not make impulsive moved based on short-term market fluctuations. Patience and a long-term perspective are keys. you should consider a market expert to guide you

[@hillaryrowland1]

That's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2 years+

[@AngelaHunt290]

One of my goals is to employ the service of one this year. I've seen some off LinkedIn but wasn't able to get a response. Could you recommend who it is you work with?

[@hillaryrowland1]

Timothy Eric Meek is licensed fiduciary I use, just research the name you will fine necessary details to work with a correspondence to set-up an appointment

[@MikeHoward354]

Important of investing cannot be overemphasized, that's the only way to gain financial freedom

[@TheBigblumonkey]

I'm 35, no house, wife and kids with 15k in debt. At the end of the end of the year I will be debt free. Dave has changed my life for the better

[@TheBigblumonkey]

@@mariusjacobs83 No I will be finished earlier since I increased my pay. Added an extra $400 a week! Good luck to you

[@ShankAMuffin]

@@TheBigblumonkey How's the progress coming along my guy?

[@TheBigblumonkey]

@@ShankAMuffin Great! Debt free in December. How about you?

[@ShankAMuffin]

@@TheBigblumonkey Since December 2021. You're gonna make it my guy

[@TheBigblumonkey]

@@ShankAMuffin Congrats on being debt free. Nice screen name btw

[@jadewashington7]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Charlotte Miller.

[@user-um8pz5fl5c]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@SarahPalin-dw4iv]

After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

[@shandegabrielrojas9350]

The very first time we tried, we invested $1000 and after a week, we received $7500. That really helped us a lot to pay up our bills.

[@stephaniebeddis8069]

I'm new at this, please how can I reach her?

[@SaadmaanShohid]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@brianwhitehawker1756]

Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025

[@lucaswilliams9992]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@yeslahykcim]

Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.

[@Jadechurch-ql3do]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@yeslahykcim]

Laila artine kassardjian' is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@BrettaANordsiek]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@nickpothast7655]

I was never taught personal finance growing up. I was told to go to college no matter what and take out loans. Luckily, I graduated and by following these steps I'm debt free, have an emergency funds, and mutual stonks earning me passive income. I'm still in my 20s. Thanks Dave, this should be mandatory class at every high school in America.

[@bettermebetterlife8975]

This isn't only applicable to USA.

[@betc293]

@@bettermebetterlife8975 That may be the case but there is so many issues and not enough info in the US. 🤷🏽‍♀️🤷🏽‍♀️ So people have to go out and find other info to grapple on.

[@andymcall1986]

Grats on your money management to date, and them stonks. 🤣

[@rschmidt9495]

High school aka Indoctrination Camp

[@elvinaguero4651]

this should be law.

[@JustWesley.]

i am 14, i have almost $300 saved, but i have zero income and i don't live in a populated area where i can do side hustles, so until i get my licence to drive and work i'll be educating myself about how to handle money.

[@YouareAToy582]

Good job buddy

[@YTOakansheildGaming]

Good job. I'm only 21 and have had a job since I turned 15. Once I found out about investing around 18/19 (which I enjoyed doing) I invested much of my paycheck into it.

[@YTOakansheildGaming]

Once you do get a job, set up automatic payments towards investment accounts and retirement accounts. That way the money goes straight to those without you having to think much about it.

[@ryantaylor4308]

Fix cars, cut grass, build custom pc's, woodworking and repairs. Pick any and you can make money that comes to you. Just put your name out in local fb pages, local paper, sem seo clicks. Let the work come to you. You got this!

[@oldsoul9761]

Wow that's amazing!!

[@alexanderyozzo]

One week away from debt free. Here to remind myself the next step. Love you Dave.

[@karenbonham1359]

Way to go!

[@alexanderyozzo]

Thank you. I made it, IM DEBT FREEEEE!!!!!!

[@sleepypanda8578]

@@alexanderyozzo Congratulations! I'm 1 month away and can't wait. Well done :)

[@alexanderyozzo]

Back again to check on next step. Full emergency fund in progress.

[@sleepypanda8578]

@@alexanderyozzo same here :)

[@Dunker762]

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.

[@Lourd-Bab]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@Dunker762]

@@Lourd-Bab 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 commitment.

[@Lourd-Bab]

@@Dunker762 Oh please I’d love that. Thanks!

[@Dunker762]

@@Lourd-Bab Judith Ann peace is her name

[@Dunker762]

Lookup with her name on the webpage.

[@seanplays3598]

Today I now have saved up £3200 at 15 🎉🎉

[@joykind4258]

I took the course about 15 years ago. I had debt, no car, no emergency fund and bad credit. Baby steps. I followed it. Worked three jobs. Cut expenses. Today, I have 6 months emergency fund. No debt. Car paid for. 800+ credit rating. If you work it, it works.

[@clownboy84]

I love not having any payments but my house. My step father died and with my emergency fund I was able to take care of the funeral costs without stressing my mum out, It's powerful living out these steps!

[@ItsTiffanieNotTiffany]

"Put the kids on Craigslist" 🤣 That one got me. Thank you Dave Ramsey & team for all you do!

[@anonimuspozr7467]

Puttin the kids on Craigs List was great!

[@TstarHey-yx2li]

That wasn't funny.

[@TutraTama]

My student loans are PAID IN FULL ! So proud of myself

[@itsallperfectlynormal9805]

I'm proud of you, too! I'm being a gazelle on those bad boys 😊

[@LBmustwin12]

These exact steps helped me turn my life around. From 70k in debt to getting debt free and having just some kind ofemergency fund. Theres more than one way to skin a cat but Dave’s methods are proven. Guy changed my life financially. Forever grateful

[@riblez561]

Well done proud of you 🙏🏽

[@LBmustwin12]

@@riblez561 thanks! wasn't easy but well worth it!

[@TRUYORK718]

Cap

[@charitymbai1040]

q

[@malts100]

Well done brother

[@legacymedia8468]

I agree that money saved cannot grow much except invested. As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $700k amount of capital to start up but I have no idea what strategies and direction I need to approach to help me make decent returns

[@stephenpotter21]

It's really not as difficult as many people presume it to be. It requires a certain level of diligence, which is something ordinary investors lack, and so a financial advisor often comes in very handy.

[@ericmendels]

People underestimate how much they can make from the stock market. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.

[@cloudyblaze7916]

Can I ask who your wealth manager is? I really could use some help from you. My portfolio is doing very poorly.

[@ericmendels]

Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. *Sharon Louise Count* is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@legacymedia8468]

Thank you for this. I just sent her an email, and I hope she gets back to me soon.

[@elizabethd2614]

I took out student loans to live off of. As a Single teen mom I needed it to eat. Thank God I finally got them paid. Wish I knew about Dave 10 years ago!

[@anonimuspozr7467]

I think you’d agree…It’s NEVER TOO LATE Elizabeth! Keep it up!

[@paulstodolny3091]

Always nice to hear these steps again. THEY WORK. THEY WORK. THEY WORK!!!!

[@webfreakz]

Yeah shocking. Not spending money on stupid things and living within your means delivers a good financial path. Who would've guessed.

[@MichaelAnderson-wk1no]

@@webfreakz So you've never made any money mistakes in your life and you've had it all figured out since day one? I guess that's why you're here watching Dave Ramsey videos, huh? Lol

[@aaront936]

They may work but this is by far the worst way to build wealth.

[@webfreakz]

@@aaront936 by far the worst? yeah right

[@aaront936]

@@webfreakz yes the worst way. It's the worst way to pay off debt, plus the worst investment advice imaginable.

[@josephrizk9850]

Dave's steps have really helped me and my family. Thank God I ran into his videos online. He is the tough love and common sense that a lot of us need. Thank you Mr. Ramsey

[@DemetriPanici]

These really work. I think for anyone looking for a way to start their personal finance journey, this is the way to go

[@roberthuster1503]

Amen. Having a plan is a start having a good plan is progress having this is plan is how you change your family tree. I'm debt (besides my house which will be dealt with) free making below the national average income and my kids have been involved in every step.

[@glowiever]

shared this to my (struggling) sister

[@msfitbrown48]

Thank you, I just started🎯

[@saintriley]

@@glowiever I need to do the same 😂

[@donaldrichey3318]

It’s not simple. You have to make permanent changes in your lifestyle. Most people are too immature to succeed at this program. For those of us who can exhibit self control will find the program life changing.

[@DavidEVogel]

Agree. Managing money is about behavior not arithmetic. One get accustomed to a certain money behavior, and it becomes "comfortable." Altering that behavior is "uncomfortable." Its not easy.

[@xxpowwowbluexx]

It is very simple, just not easy.

[@danbobway5656]

@@DavidEVogel yup its basically like my 600lb life but instead of food and being fatally obese it's spending money and being broke and in debt

[@oldsoul9761]

It is simple. Maybe not easy but definitely simple.

[@user-dv8bs7tb5c]

Yes.

[@leszekkot3373]

Dave found himself a great co-host. Good job George.

[@Jessica-tj6ug]

I like him the best too!

[@KC-kg3ld]

Dave’s yes man. Haha

[@melaninananique2563]

I agree!

[@brittneymusic]

I watch this at least once a week. Working on baby step one still, but this helps keep me motivated.

[@PripyatPlayground]

2:49 👈 How are you doing now?

[@deborahblackvideoediting8697]

Hope it's going well!

[@lisabassett-vp2wx]

Brittney, you can do this. Eliminate unnecessary expenses no dyeing hair, no manicure or pedicures, no vaping or drinking alcohol, other than Frig and stove unplug everything in house unless you need to use item at that moment afterwards unplug it it will lower your utility bill

[@anonimuspozr7467]

Keep it up! And keep on after Step 1!

[@rm2kmidi]

I paid off $24k of debt in under a year. The baby steps work.

[@goodnesssotunde4330]

Hi, please which work did you do. I'm currently unemployed and I don't mind doing anything.

[@BlackExcellenceProductions]

The baby steps and the envelope system Dave teaches changed everything for me. I will always have respect for this man.

[@misslanapaulford]

@@shahilanathan8067 Google it. There maybe different versions.

[@santaclaus3077]

I'm 34, have all my debts paid off besides my mortgage. I dont have kids, never married. Been paying extra each month hoping to have my mortgage paid off by the time I'm 39.

[@regularity2556]

Hi Santa😉

[@elvinaguero4651]

good for you.

[@Nolaman70]

Then get some investment properties.

[@Atomic2153]

Almost 19 and have 10,000 in savings, no debt, college is payed for, car is payed for. Plan on moving into my own place soon.

[@artymunoz5060]

Learning how to be debt free is awesome because you really avoid the debts more as you move on because you know how much harder it is to get out of debt than it is to get in

[@jonka1493]

Just found dave and the baby steps, 37 with no prior guidance or even understanding. 2 children. This is where it begins for me, lets do this.

[@aleksandrap2364]

I am now in baby step 7 and I am about to pay my mortgage off in less than 7 yrs. I stared these Baby Steps in 2019 after a friend told me about it! After less than 5 years manage to stabilise our financial life. Rise an beans? Are you kidding me? Been there done that! My kids love rise and beans and cheap 3days old chicken soup! It is worth it. It is worth fighting 💪

[@californiaa]

I replay this every week to center myself. It helps so much, just have to stay the path y'all!

[@laqueciawilson6381]

Good idea

[@mitz1919]

I have decided to start my baby steps this week! March 2022!

[@thecrew8612]

Its been more than a year, any progress?

[@serdaragirbas7487]

I was doing this without knowing, i hate debt, including my mortgage and will hopefully be finished with it by next April 🙏. It has been gruelling and tiresome but i will make it! Good luck everyone.

[@j.m0ney133]

Live no one else now so you can live like no one else later. Delaying pleasure is what adults do while kids spend all their money. Good luck all you future millionaires!

[@AnimatedIdiotGuide]

Living in a cave collecting lint sounds far more appealing than splurging on garbage just because I have an excess

[@InvestAndGrow2020]

Should be done paying off all of my consumer debt by December of $17k Then all I have is my mortgage. Yes we sold out financed car and turned in our lease! Swallowed my pride and drive. 95 Toyota Corolla It’s sucks but I think this might work

[@aaront936]

Look up compounding interest and invest instead of paying off low interest mortgage debt. Dave's babysteps will cost you hundreds of thousands in lost returns.

[@shawnainthekitchen8011]

You have 200 million reasons to listen to NO ONE ELSE BUT DAVE RAMSEY. That's his net worth. I guarantee no one else on this thread is worth even close to that. Ask Aaron how many books he's sold!

[@spconrad9612]

Hey Aaron, why not pay off debt and invest like you are saying w no debt? Why make someone else rich off of foolish interest payments? That doesn't even make sense.

[@lovely-ki6fq]

What are the steps

[@BlueDauntless]

@@spconrad9612I don’t understand this. Who cares if the interest is low. Once it’s gone, it’s gone! How much does having a paid for mortgage free up money?

[@eastonpulver3788]

Being 26 years old, married, and debt free (we rent and don't have any car payments) inspires me to go crazy on saving and investing, even at the start of my career. I ran into this channel as I've been trying to overcome bad spending habits and building wealth is a concept that stirs me more than any amount of spending can. Thanks for these baby steps dave!

[@Dr.forbes]

After listening to this I made some immediate changes to my retirement and 529 contributions

[@krush818]

I watch this every morning. Gotta start the day on the right tone

[@moyeedulhasan5870]

Life changing advice, this video should have seven billion views. Everyone in this earth should listen to it…

[@roberthuster1503]

This plan works. I went from financially disorganized to debt free besides my house and building wealth. All problems don't go away but not having to worry about finances let's you think long term.

[@elvisquiff]

Just starting baby step 1 in the uk at 48. Overdrawn, credit card debt etc. I hit rock bottom and this has given me hope. I just wish I’d found this sooner. Here’s to being a millionaire at 59 🤞

[@EthioBallerz]

Baby steps changed my life. I'm so grateful.

[@shannonjohnson4314]

I have a job interview today wish me luck! Getting a higher paying job is my first goal towards becoming debt free!

[@BlueDauntless]

Hopefully it went well for you!

[@Shavikata]

I came here coz i thought i had a problem turn out I’m fine. Apparently i’m on step 7 and i shouldn’t be complaining. Thank you 🙏🏼 wish everyone the best

[@campitcher8507]

So refreshing to see financial advice that isn't a scam. And he gives it away for free.

[@OliviaAdams12]

After I pay off my debt, I want to go into the stock market immediately. I read about someone someone who started with just $89k and made over $500k within about six months. I started investing recently myself, but I've lost a lot of money. How exactly do people make so much money in the stock market?

[@stephenpotter21]

It's really not as difficult as many people presume it to be. It requires a certain level of diligence, which is something ordinary investors lack, and so a financial advisor often comes in very handy.

[@cloudyblaze7916]

People underestimate how much they can make from the stock market. I started with $127k just before the pandemic hit. Many people's portfolios tanked, but I rode through with my financial advisor, and even made more than $86k within just five months of starting, and it's been an awesome ride since then.

[@legacymedia8468]

This sounds great. Is there a way I could connect with your advisor or any other whom you think is very good? I'll appreciate.

[@cloudyblaze7916]

The advisor I'm in touch with is *Sharon Louise Count.* There are other good FAs online too, if you look around.

[@ericmendels]

Thank you for this. I just looked her up now and I sent her an email. I hope she gets back to me soon.

[@christiansgrandma6812]

Thanks to baby steps, I was able to help finance a family member's burial. Years ago, I would not have been able to do this. Emergency fund is vital people.

[@sargentthiccboi9333]

I’m making 18 an hour working 12 hour days and I’m ready to be in control of my finances instead of being broke every 2 weeks

[@debbieanderson6740]

This method should be taught in personal finance class in high school...a mandatory class.

[@sally0404]

The baby steps have turned my life around. Thank you Dave!

[@marinogod84]

Lol

[@rob_8276]

@@marinogod84 tell us you’re broke without telling us you’re broke 🤣🤣

[@idid138]

My big brother (bless his ❤)put himself through college working multiple jobs and then he would come home to the farm every summer to help us. He just retired from the federal milk marketing bureau. I'm so glad he has a beautiful home, lakehouse, and family to enjoy.

[@mrsm3442]

Dave helped me change my thinking, financial actions and life, in general. Thank you, Dave.

[@memocardenas9535]

A key to life, control your mind. Control your thoughts. Control your emotions. 😁

[@Nolaman70]

Control your wife.

[@chefbabyryan1]

This is the cliff notes version of the book, great stuff

[@pop2522]

Long time follower of Dave. Went to share this plan with a newbie and I found myself watching the whole thing over again. Really moved me

[@chrisgreene123]

Started our emergency fund then it got wiped out by new tires…. 😑😑😑 but it was amazing not getting tied up.

[@dericanslum1696]

...literally what it's there for...

[@chrisgreene123]

It was so awesome! Haha no stress

[@ultraali453]

Great advice. I have never felt right when I was in debt. I don't think that anyone can actually live without stress if they are in debt. Its constantly in the back of your mind and it's the opposite when you have enough savings for half a year and a stable source of income.

[@theawesomelamp9476]

I start my second job next week aggressively paying my debts towards the end of the month and I should be debt free in two years

[@Jawrathful]

Going into Baby Step 4/5/6!!! So grateful and happy at this moment!!

[@camillefrosio7610]

the most beautiful thing about the Dave Ramsay organisation is that they never left the very real story of going through the crushing pain of debt but turned it into the foundation of purpose. It constantly inspires me to hear where he came from from the perspective of where he is now and it gives me encouragement and hope.

[@Leon612]

I did sell my kids of Craigslists and my life and finances have never been better. Thanks Dave!

[@Tamboool]

In the long haul, getting into stocks has been the only investment that makes sense over time since it’s been highly remunerative for me.

[@Tamboool]

Well, I've gotten into a plethora of assets with $73k spread across stocks (options and futures) for short term and index funds, and ETFs, for the long term. I've been investing with help from a pro fund manager, Herman W Jonas who oversees my investments. Now I sit back and reap my dividends while I just reinvest from time to time.

[@Sammytammy192]

@@TambooolWell, that's your view. In my experience, there is no such formula, It is nearly impossible to achieve success with investing. It’s all just gambling.

[@mendeleyborisov92]

I'm am old dog and I'm not big on learning new tricks. After so many years of trial and error, I finally found what works best for me, both financially and emotionally.... and Herman is the perfect sounding board for me. He is far and away the best I have come across. He is all focused on teaching and making sure that I make profit. What more could I ask for?

[@Denniss20]

I tried getting into stocks myself some time last month and lost a ton of money as I was ill-advised. Can you please direct me to him as I’ll like to hear from an expert?

[@mendeleyborisov92]

@@Denniss20 Sure, Hermanw jonas (a g mal comm

[@kurttSchuster]

The media is currently barraged with a lot of economic data right now. It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back. I really ignore all the news and keep investing. I recently allocated about $121k to put in the market as we anticipate a crash. Any recommendations?

[@sherryie2]

We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.

[@tonicruger]

@@sherryie2 here are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@Harperrr.99]

@@tonicruger I've been in touch with a financial analyst ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit

[@kurttSchuster]

@@Harperrr.99 we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?

[@Harperrr.99]

@@kurttSchuster My advisor is NICOLE DESIREE SIMON , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

[@invisablehvman3073]

Living on less than you make is key. Having 6mths to a year in reserve has saved my life on more than one occasion. There have been five corporate restructures in my career where I have been cut. I have been fortunate that I found employment within 90 days of each layoff. Having six months to a year in reserve made the job hunt much easier. Did not have to take the first thing that came along. Also, I remember having home repairs from $4k to $10k occur. Having the money on hand means I did not go into debt. Even though I am still making a mortgage payment, I have $750k in equity and pay an extra $1k in principal each month. My cash reserves far exceed my mortgage balance, but I plan to sell soon and move to a much smaller place - and of course pay cash. I love Dave's comment about folks thinking you are obsessive - I live by the budget.

[@nunyabidnes6010]

Why would you buy a home with cash when you can get a 3% interest rate on a 30 year mortgage and invest the cash instead? Make it make sense.

[@aolvaar8792]

@@nunyabidnes6010 Cause you don't need a pile of money, you have a Pension

[@situated4]

Good, thoughtful comment.

[@rodrigoloza4263]

I just discovered Davey Ramsey. I did baby steps by my own on my early 20s without knowing. This definitely works. Now I am richer than I could have never imagined.

[@KadenYouTube]

Dave’s advice and principles has helped me greatly and although every day may be a struggle at times, I know it’s worth it! Thank you and good luck to anyone who reads this!

[@kimberlyturner820]

Just paid off my student loan debt!!! You can do whatever you set your mind to.

[@LouisJanYoung]

Always good listening to Dave Ramsey! It works.

[@mudieproductions]

Just got a second job to attack 15k debt almost a month now paid off one credit card feels awesome just gotta stay on the grind!

[@MegaDiddlemaus]

Thank you Dave for sharing this episode❤️ I am so grateful that my father brought me up debts free🙏

[@82566]

Dave is the best voice of financial reason w gratitude n humility .I've learned so much and his Advisor Pros are amazing,talked w one this morning thanks Dave 😊

[@vincarro5078]

28 with no kids but going to have to disagree with paying for my kid's college. If they are not majoring in a field that has a decent pay starting out and moving into a career, they shouldn't be going to college. I do not hate my parents one bit for not saving money for my college. It is a different experience when you have to pay it all back yourself. In a weird way, it also made me realize how materialistic I was with money and I think twice going forward about what I should and shouldn't be buying. My opinion on this one part does not change the fact how awesome Dave is!

[@Gryphon129]

I don’t agree this point Dave makes, this is good advice but it’s to a very specific group of people. It’s also important to point out Dave has never been poor a day in life came from a family with loads of $ & he conveniently leaves that out of his narratives

[@parvanirose]

I feel like no matter what I do, I’m always behind. I finally got a new job, I’m so excited! $42,000 isn’t a lot, but when I look at what I’ve made in the past, it’s a big step for me! I’m excited to get started on saving more and finally getting out of debt. I’ve lived with my bad financial decision for a long time, and I’m paying the consequences. I know I’ll get there some day, it’s just taking time. This job will really help me.

[@helenjordan9669]

Hang in there, it will get better

[@deliciafleming5451]

Love love this guy. Such a blessing. Thank you for video.

[@wyattsims2498]

It annoys me when people say the baby steps are not the fastest way to becoming wealthy. Mathematically a lot of the things in the baby steps don't make sense (like paying smallest debts off first). But they don't realize it's called financial peace for a reason and not financial mathematics.

[@alinatamashevich3354]

If math was the problem , then math would be the solution.

[@aaront936]

@@alinatamashevich3354 if you understand math then it's an easy solution don't follow the babysteps.

[@aaront936]

Having all of your money tied up in your home with very little in liquid assets is far from financial peace.

[@wyattsims2498]

@@aaront936 you're the person I'm talking about up there!^^^ Lol

[@alinatamashevich3354]

@@aaront936 Again, if it were a math problem, math would fix it. It is a behavior problem and until that is corrected nothing will change. Sad that is a foreign concept for you to understand.

[@martywilliard]

Dave - this should be mandatory for our USA leadership.

[@Aeolus2001]

Put the kids on craigslist had me cracking up

[@jjdbzfan18]

Just want to give a testimony. I am debt free as of today and on baby step 3. For those who chose to start stay the course because it actually works. Best wishes and thank you Dave.

[@passivepuppy]

Baby steps changed my life. I was 45k in debt. Took me 18 months to pay off my debt and get on a new career track. Feels good to be debt free with money in the bank.

[@melliebe6029]

Congrats! That’s absolutely awesome!

[@Jawrathful]

Right there with you... it feels amazing!

[@jayangli]

It depends on someone’s situation. If they are renting or yet to own a house it becomes more difficult. But building savings and the right investments. That is the way. I will keep self educating myself..

[@liljohn3152]

A sincere thank you Dave

[@seph1714]

My wife got me into watching dave we are from uk and now debt free and going good thank you dave

[@memyself4431]

My mom and dad didn’t encourage college they just didn’t encourage anything. Basically, I lived in their house and when 18 came I was out. I am now 42 and here I am me and only me doing life the best I can. I went on to college with student loans and heading into law school in the new future.

[@danettemckinnon7251]

So good to see George!!!

[@samuelramirez4774]

“One bite at a time…that’s how you devour a whale” -Francis Underwood from House of Cards

[@hellenmoipeen663]

I love getting a morning dose of Dave Ramsey teaching on my way to work! On baby step 4,5 and wish I heard about Dave’s teaching sooner!

[@mienkevanwyk3218]

Thanks for your advise. Now putting it into practice ...

[@scoochman82]

Me and the wife are starting the baby steps today. In two years we will be cutting our debt in half.

[@melifever]

thank you for saying that about student debt! such a scandal!

[@cfrend]

Just paid off my last student loan debt today! My wife's student loan is our last debt snowball item coming up next!

[@chuurboi8317]

I love your show, it keeps me honest.