My son is very frugal and doing well financially. He said that he watched me make all the dumb mistakes and decided that he did not want to go that way.
@hectorgarza6679 Жыл бұрын
Smart guy. I watch myself make the same mistakes over and over and don't learn.
@huntster4000 Жыл бұрын
That’s me and my mum 😂 She did pretty good for herself in the end but a lot of bad financial decisions even as a kid it was obvious sometimes 😂
@markspark7347 Жыл бұрын
See that’s why I try to mess up so my can son can see how not to do it 😅 let’s get sushi tonight 😮 haha just kidding we paid of all debts except the house and pretty much on Dave’s plan
@gntv24-u6o Жыл бұрын
I'm 30.. I think I'm on the path of my parents while they had never any financial plan and spend money day to day basis without having good future plan..
@dawnmichelle2017 Жыл бұрын
When I was 10, someone knocked on our front door late at night. I went to look, and told my mom someone was driving her car away. Repo Man!
@imbeaug74 Жыл бұрын
When I think about buying a new car, I watch Dave, then I don't have that urge anymore.
@Starmajor391 Жыл бұрын
Lol me too! 😂
@cjhoward409 Жыл бұрын
Whenever I want to buy something that I really don’t need, but I want, I think to myself…. What would Dave say ?! 🤔😂
@user-mv9tt4st9k Жыл бұрын
Every four or five years my friend buys a new car. I think she has "car payment" on her permanent budget line items. 😂😂
@cjhoward409 Жыл бұрын
My sister in law buys a brand new car every 1-2 years. She’s making a Lamborghini payment on a Hyundai. 🤪
@zakia514 Жыл бұрын
Same here. I want a new car but I hear Dave saying “ I hope you like your car note”. I just can’t justify a new car. Problem is there is absolutely nothing wrong with my current car!
@tonytoni1150 Жыл бұрын
A smart man learns from his mistakes, a wise man learns from other people’s mistakes.
@barnabusdoyle4930 Жыл бұрын
An American makes mistakes and then blames society for their mistakes Or makes the same mistakes expecting things to work differently next time.
@michaelbodine6142 Жыл бұрын
I learnt that in college... from a Wise BOOK.
@ron-kf8sf Жыл бұрын
Save your money, don’t spend on what you don’t need. Free advice.
@heathermetz6576 Жыл бұрын
2:37 “All 3 will make you broke. Greed, Fear, and Pride.” AND the House ALWAYS wins!
@veramae40988 ай бұрын
Had a next door older neighbor who every time he needed money, he took out another mortgage. I had no idea mortgage companies were so stupid. When he died there were 5 mortgages. His family settled with all the. companies for $10,000. The house wasn't worth even that much. I was so glad when new neighbors moved in and started making repairs and improvements.
@lucilepurnell5357 Жыл бұрын
I am 25 and still no debt. I’ve seen what it does to people and want no part of it.
@1967davethewave Жыл бұрын
My oldest son is 28. He has always lived a simple life. He actually lived on $14.50 an hour working for Walmart and managed to not only pay rent and utilities but to save money. This is all about habits. When you start spending more it becomes habit, if you live simply then it becomes habit and most of us start out living pretty simply. I tell you this because last year he was hired on at a big company as a code writer for computer programs. He now earns almost $100k a year. He still lives as if he is earning $14.50 an hour and saving. I talked to him just last night and his long term goal is to retire at 33 and travel, doing his favorite hobbies and living his version of freedom. Everything he saves he invests as I taught him and I learned it from Dave Ramsey. But it can be done if you have the will power and anyone who tells you different is just a moron. Good luck, it sounds like you are doing awesome. I wish I had done as well when I was your age. I would have retired 10 years ago!!
@historiqueafricaine Жыл бұрын
As you should keep being wise you'll live a stress free life👍😊
@johntrevett2944 Жыл бұрын
Debt can be good. If you simply are waiting to have all the money to make each big purchase you will not get ahead in many ways compared to those that know how to manage debt and thier credit.
@jaylenebiesemans5855 Жыл бұрын
Very smart from you
@Aydolf Жыл бұрын
Same here! 25 and debt free
@GaryWinstonBrown Жыл бұрын
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You've got to start taking steps to achieve your goal.
@Ashleycorrie8494 Жыл бұрын
All passive income ideas work as long as you put the work in. I focus more on cryptos, NFTs, real estate crowdfunding and IDOs. With the assistance of a financial consultant, I'm doing well for myself.
@MichealTanner141 Жыл бұрын
Venturing into the trading world without the help of a professional trader and expecting profits is like turning water into wine, you would need a miracle, that's why i trade with GREGORY THOMAS PATCHAK, his skills set is exceptional.
@Seanmirrer Жыл бұрын
Gregory Thomas Patchak is the best in this space, I'm happy to come across these recommendations. I have worked with him and I am impressed with the thoroughness and professionalism of the investment diligence packages he provides.
@bluegorillacookies Жыл бұрын
@@Seanmirrer scam
@bluegorillacookies Жыл бұрын
@PeteMcGregor632 scam...setup
@shelleyirwin6104 Жыл бұрын
I pride myself in learning from other people’s mistakes. I’ve never touched drugs. But I did make plenty of financial mistakes until I took FPU.
@jonm.678 Жыл бұрын
A smart man learns from his mistakes. A wise man learns from the mistakes of others.
@Potencyfunction11 ай бұрын
Yes and a bunch of jerks put the children in the good conditions for future educations.... Such a sick of them.
@mikejarmoluk3523 Жыл бұрын
I made many financial mistakes, buying cars ,paying with cards instead of cash ,using house as atm ,but most listening to bankers
@High5748 Жыл бұрын
Thank you for calling out sports betting. I've been called cheap for refusing to get into the trend of it.
@robloxvids2233 Жыл бұрын
The only sports betting you should do is between friends. It's damn near impossible to beat sports betting long term due to the absurd juice. Those lines are where they are for a reason. They are weighted by money, meaning the money wagered moves the line. And the smarter money is what pushes the lines closer and closer to precise. So there's just no real margin. I don't know how James Holzhauer did it but not many do.
@High5748 Жыл бұрын
@@robloxvids2233Oh man I haven't heard that name in a long time. That is true, it's not like card counting b/c you have a 52 set of numbers. Sports stats are all about luck and your dealing with an individual as your variable. It wouldn't surprise me if James is getting paid off to be a celebrity for places like FanDuel.
@nicholasselke5214 Жыл бұрын
@robloxvids2233 I saw a story about one guy who bet $35,000 on the Falcons to not blow the game against the Cowboys in 2020, for a chance to win $1,050. Even if sports betting wasn’t stupid, betting on the Falcons to not choke still would be dumb
@vickyburton243410 ай бұрын
Status: things you buy to impress people who don’t care about you with money you don’t have.
@christineinchrist7407 Жыл бұрын
Beware! Under several of these videos, someone will comment on how they’ve built wealth. Always, another comment will ask the name of that person’s financial advisor/planner. Of course, that 1st person will provide a name and the fake second person will say they looked into that advisor and either will make or have made an appointment with that person. The names of the persons always differ but the pattern is the same. Please be careful.
@WendyW75083 ай бұрын
Yep. I report them when I see them. Then the name changes. Now I think about it i haven't seen them in the last couple weeks. Hmmm. Maybe it worked? Glad u said something too, I thought maybe I was turning karen. 😊
@haninnamir6116Ай бұрын
Yep I noticed them too
@unclebenny Жыл бұрын
Many times shortcuts are called technology or efficiency, but for some things like farming and wealth building, there are laws of nature that have to be followed.
@OopThereItIs77777 Жыл бұрын
Bingo
@goodgirlsguide Жыл бұрын
Yes and weather is unpredictable.
@matt_kitson_ Жыл бұрын
Dave and George are one of my favourite combos
@Potencyfunction11 ай бұрын
mmm kinda close-who is Dave ?
@memedavis4228 Жыл бұрын
I’ve always told my kids, some people are the perfect example of, what not to do ! Look real close at their lives and don’t screw yourselves up like the “Jones’s”
@bwrscott1 Жыл бұрын
Quality will always beat Quantity. Spend money for what you need and not what you want.
@barbarahixson5330 Жыл бұрын
Keep it up Dave! Some may listen and learn!
@firststar25 ай бұрын
I love me some uncle Dave, he anit never lie
@georgewagner7787 Жыл бұрын
I worked for a homeless shelter for teens in my youth. Besides the kids who used drugs, the only kids we really couldn't help were those with a gambling problem.
@VishalSharma-j6i10 ай бұрын
One thing I have noticed is that Dave Ramsey is naturally very funny 😂
@sir-vengeance Жыл бұрын
Love your wisdom Dave!
@jacquelineglitter432810 ай бұрын
Im a proud Mom because my son is 33 with no credit card debt. He drives a used car and has a high credit score. He also buy things on sale ir open box. He takes after me and is doing well for his age. He also saved over 20 k. So proud.
@Jaxen90841 Жыл бұрын
Long before there was Dave Ramsey, there was a radio guy called Bruce Williams. 1980s into the 1990s. Bruce used to give a lot of the same information. I'm a Dave Ramsey style millionaire because of Bruce.
@amireallythatgrumpy650811 ай бұрын
Pretty sure they would have collaborated in the 1990s.
@rbnhd114410 ай бұрын
I remember Bruce Williams, a smart and logical man, he always said get a 2nd job to get out of debt.
@ScizzyGibbler Жыл бұрын
I love how that concept escapes people, imagine someone with cancer telling you cancer is horrible and you don't ever want it and you should do everything possible to keep your risk as low as possible, and people responding to them by saying "they're a hypocrite" lmao.
@vickyburton243410 ай бұрын
I can not believe how people spend money on cars. We keep them and take care of them while saving to buy the next nice used vehicle with cash. Our cars last at least 400k miles. Our home is modest and has been paid off for years. We also rarely go out to eat anything! Thank you for your video! Praise God you are here to help us.
@bluejedi723 Жыл бұрын
Things I learned from Ramsey that will keep you broke: buying too much house. Buying too much car. Not job hopping and increasing your skill set (the right way) for more pay. Getting a degree because "it might increase my income!" Getting a degree from overpriced big name college. Not milking community college for every last possible credit before transferring to no name in state school. Getting a college degree then deciding you want to be a stay at home mommy. Getting a college degree with high unemployment rates (like Museum Mangement) or a degree thats a dime a dozen (like Biology) and not having internships or work experience that make you stand out (Like a biology major who has a minor in Forestry or Ecology) or Psychology with a Criminal Justice Minor. Not asking yourself WHAT will this college degree do for me, what do I want it to do? Spending all your money on eating out and fancy shiny objects. Not starting a IRA or roth IRA in your 20's. Waiting until your pushing 50 to realize "Oh crap, I don't have a Retirment account" Not having a cash based emergency fund-have some emergency fund in a bank is a good idea, but having a cash based one in the safe at home as well- cuz if the power goes out and the internet goes down you'll have cash to help survive for a while everyone else is freaked out cuz they can't access their money. Not taking responsibility for your own choices. Using buy now pay later to dinner at a restaurant and drinks at the bar. Or buying that $500 purse. Or the 25th pair of heels your not going to wear.
@georgewagner7787 Жыл бұрын
Better to shop in your closet
@jimroscovius Жыл бұрын
Absolutely correct!!
@aolvaar8792 Жыл бұрын
Getting a degree from overpriced big name college.????? PAYING for a degree from overpriced big name college. An alumnus paid for my education.
@truthserum5310 Жыл бұрын
You're, you're*, not your. Jeez, college failed you.
@bluejedi723 Жыл бұрын
@@truthserum5310 I didn't realize the grammar police were out
@Californian42311 ай бұрын
@ 0:50 I have a Phd in DUMB. Good one I will start using this parable 😂😂
@michaelbodine6142 Жыл бұрын
thru Dave Ramsey and Financial Peace book, I have learned, as much as I can; and with Belief and financial EXPERIENCE.
@madaymolina4841 Жыл бұрын
Thank you Ramsey for teaching us and guiding us to get out of the hamster wheel of life ❤
@georgewagner7787 Жыл бұрын
Now they sell those for cats
@alexralston22 Жыл бұрын
Delay gratification. The end.
@jacksonkamungu5387 Жыл бұрын
😂 uncle Dave's evil 😈 laugh good one
@georgewagner7787 Жыл бұрын
When Mom was alive, I used to take the casino bus down to Atlantic City to fly direct to florida. A couple times I had a wait so I walked through the casino. It was sad. They call it entertainment but it's playing on the emotions of people who don't know any better. And in the ladies room, they had a shelf over the hook for the purse so no one could reach over and steal your pocketbook
@cjhoward409 Жыл бұрын
I was waiting in line somewhere and thought, ehhh, I’ll throw a quarter in this machine. I won $20. And I quit. I was ahead 😂
@te740611 ай бұрын
Greed, fear, and pride
@akonitony211 ай бұрын
Some of us are car guys Dave. We worked in our younger years turning a wrench under them until we couldn't anymore, and in our later years want to drive something nice. Explain to me why the first thing I did was remove the "TREMOR" sticker off the rear side of my truck if all I am after is impressing people at stop lights. The real reason is I don't want the red paint to fade unevenly because of a sticker ... I look out for the vehicle, not what people think of it.
@VGHSyntheticOrchestra Жыл бұрын
That Vegas trip was Fredrick W. Smith, founder of FedEx. The company could no longer afford their fuel bill and the loan they needed was denied, so he went to Vegas with the last $5K the company had left. He hit on blackjack and came back with $27K to pay the fuel bill. Kept them afloat for one more week, but ultimately saved the company.
@cynthiaziegler6558 Жыл бұрын
I’m a saver and am working on no debt only thing left is student loans
@Potencyfunction11 ай бұрын
Is sad that a gouverment of jerks have to stay in peoples developmet and well being. Is just their mental incapability. They will end up with bank rates procent, with a hate maximum from people, no teams and no parteners. Because this is what they are satisfacted with-poor people, poor mentality, poor habits . At the end a spit in the face.
@garymoore160010 ай бұрын
Keep it up! Grind!
@hubertdeyette5070 Жыл бұрын
Back in the 60s my Barber was a bookie. I would go to bars and restaurants to get the slips with people's bets. I got 25 cents for every slip back to him.
@PenusDrippings4 ай бұрын
He didn't wreck his car because of Christie Brinkley, he wrecked it because he. was arguing with Ellen over directions.
@RickMckee-nq4ni Жыл бұрын
I am seeking some investment guidance. It seems like I am never able to identify trends, options always go against me, and I can't utilize scanners efficiently. I am looking for a simple reproducible passive income strategy that supplements my income and eventually replace my wage income.
@Andrian-ch3on Жыл бұрын
While I don't consider myself an expert in this field, I'm sure you will find the expertise and support of an adviser invaluable.
@JacksonMiley-iq7mo Жыл бұрын
I have $50,000 USD that I'm considering investing in the stock market. However, I must admit that I lack the knowledge and expertise in this area. does anyone have experience in this field, and I was wondering if you could kindly point me in the direction of your advisor or someone you trust for guidance in making informed investment decisions. Any help or recommendations you could provide would be greatly appreciated. Thank you in advance for your assistance.
@Andrian-ch3on Жыл бұрын
You may Know Michelle Christine Parker but If you don't you may do some looking up and thank me later. She's been my adviser for the most part and it's been a smooth ride
@JacksonMiley-iq7mo Жыл бұрын
Thanks a lot. I just googled her up.
@williamjohnson1668 Жыл бұрын
I go for stocks and bonds.
@DansBackcountry Жыл бұрын
I'm still trying to buy a house in this market. It seems like it's literally impossible to get a house in this economy.
@arfriedman4577 Жыл бұрын
Is it possible to buy a less expensive place such as condo and then upgrade.
@rocknjock872 Жыл бұрын
It took me to when I turned 39 to no longer care what anyone else thinks. I own a rare sports car that is 31 years old, looks excellent, definitely turns heads, but I did the math recently and realized I have paid $6,400 over the past 4 years just for major maintenance type stuff. That is not including regular maintenance, insurance, and gas. I immediately thought, I have student loan debt. I'm not suppose to have a "joy ride" type of car even though it has been fully paid off forever ago. It is just isn't practical for me to keep anymore.
@BedroomBeethovens Жыл бұрын
bro i feel you, I just turned 39 and I have a rare sports car too that I am about to sell to buy a used Corolla. Misery loves company man, whenever I drive in my econobox i'll think of all the smart people like us who had to do a similar sacrifice lol
@strongandhealthy126 Жыл бұрын
But you enjoyed driving it I guess. Money is not everything…
@soxfan5240 Жыл бұрын
FedEx was one of those Vegas businesses. Frederick Smith was said to have gone to Vegas with their last $5k and 5x'd it to keep the company alive. True or not, I have no clue, but I immediately thought of that one when they brought it up.
@michaelbodine6142 Жыл бұрын
um...JUST because 1 man can do it ,,DON'T mean ' "jack squat" with >= 11 deviations to any MEAN & sample size.
@jessicasquire Жыл бұрын
Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.
@Erikkurilla01 Жыл бұрын
May I ask which investments are good? I've been looking at a few different ones but want others' opinions as well
@jessicasquire Жыл бұрын
What I think everyone need is an adviser, who can help you get in and out of any investment at any time and you'd sure be in Profit. With this I feel anyone can basically achieve financial freedom
@jessicasquire Жыл бұрын
*STEPHANIE KOPP MEEKS* , That's whom i work with
@jessicasquire Жыл бұрын
You can glance her name up on the internet and verify her yourself. she has years of financial market experience
@Erikkurilla01 Жыл бұрын
Thanks so much I was able to find her page and I already leave her a message
@marcuswashington461 Жыл бұрын
They don't build all those big pretty hotels and casinos in Vegas because their losing money!! House ultimately always wins!!!
@shadowsearcy Жыл бұрын
As Doc Holiday stated, "Only suckers buck the tiger, the odds are all on the house."
@Bubbasizer Жыл бұрын
I went to Vegas one time, my buddy decided to play Blackjack. I understood the game but I never exactly understood the rules. Then I realized everyone is playing against the dealer.. so even if the dealer loses a bet against one or two players each hand statistically speaking he'll beat the other players at the table, and get their money and he only can lose the money that he bet against each player. And the players can only win the money that they bet against the dealer... so the dealer has huge odds of winning every single time.
@heathermetz6576 Жыл бұрын
The House Always Wins.
@mikefolkestad27710 ай бұрын
The only person that doesn't make a mistake. Is a person who does nothing😂😂😂❤
@bigdawg82110 ай бұрын
Buying groceries, paying bills, putting gas in ur vehicle
@anglohobbit Жыл бұрын
“Just like my golf game.” I love it 😊
@joelalm5215 Жыл бұрын
Commonsense Rules.
@richprokop5155 Жыл бұрын
MONEY IS COMMON SENSE... COMMON SENSE THAT ALOT OF PEOPLE DONT HAVE...
@user-mv9tt4st9k Жыл бұрын
My son complains that when he was in public school, finances (part of home ec in my education) was not taught. We have a couple of more years to get him up to speed. He currently knows the rules of want vs. need and the value of buying what he can afford. 😉
@Potencyfunction11 ай бұрын
Where is common sense to delete others people emails, files and block them for having a work so can stay online and make 50 cents per click, while others dont have food on the table. What is common sense for you???? To stay live and abuse poor people or what kind of mental delayed are you ?
@richprokop515511 ай бұрын
@@Potencyfunction U JUST PROVED U HAVE ZERO COMMON SENSE... ZERO...
@Potencyfunction11 ай бұрын
Well that is time when you know that you have to end.@@richprokop5155
@JohnnyJolter69 Жыл бұрын
WOW 4:30 mark was SO RIGHT ON! OMG
@fran.fndz.techart11 ай бұрын
I don’t have investment “culture” , my parents always save money 💰 under the bed. Still they have multiple houses, cars, travel and old age savings (they didn’t used pension at all) all bought in cash no loans. My wife parents have investment “culture” and they have all that plus lot more. I did what my folks did until I was around 37, now I’m following my wife parents “mind” and my assets are steady growing. Invest in funds is really good!
@danielemerson6833 Жыл бұрын
It was ups owner played black jack for payroll when ups used bicycles. One time only and never went back. Yes he won payroll.
@ROBERT6204ROB Жыл бұрын
It’s never buy yourself a nice car to impress yourself and enjoy it.. for Dave it’s always impressing the guy next to you on the street 🤩
@shinobixa4 Жыл бұрын
Glad I subscribed 😊
@backrack01 Жыл бұрын
There are a ton of " I saw a guy on tic tok" people out there. There are also a ton of "investors" who are getting homes to rent out, but telling the lender it'll be their primary residence. They all think they are smart. You can only fake it for so long.
@fueledbymusic3 Жыл бұрын
Thanks for the instructions on how to keep broke. 😆 🤣
@thomasfranco599711 ай бұрын
That is life though. You learned by your mistakes, I was always told that when I was a kid. The more mistakes you make, the better the outcome. Just believe in yourself and God. Believe me there are people who will try to bring you down when you are doing just fine.
@JohnnyReno71 Жыл бұрын
What works for some doesn’t necessarily for others. I follow Ramsey and Money Guy, and have tweaked both plans and have my own. Neither is 💯 correct.
@OopThereItIs77777 Жыл бұрын
In 9 Things you Simply Must Do, it talks about how every lottery ticket is set up to be 80-95% on, so that you’ll get the rush that you “almost” won & you’ll buy another. It works too! That’s all I needed to read to know that we’re all being played. Target also does muchhhh worse. They can predict how far along a woman is in her pregnancy & change her “buyer profile” to send her deals throughout the entire pregnancy & when baby’s born & so on.
@umarsheriff916811 ай бұрын
This video is very important and very interested it can help you to approach the world of investment
@formwiz7096 Жыл бұрын
On the subject of greed, a stockbroker once told me, "There's bulls and there's bears, but hogs, they get slaughtered".
@stantheman260 Жыл бұрын
Greed, fear and pride will make you broke!
@Mark5ive5 Жыл бұрын
I have zero things that I would not have bought if no one could see it. In fact I’d rather no one know if I have nice things.
@aesopsoze Жыл бұрын
My daughter has a saying, I want to watch the train wreck, not be a part of it.
@phototristan Жыл бұрын
The problem with Dave Ramsey is he filed bankruptcy in his past and now he has PTSD about that so he's against using any credit cards, and having a mortgage. While that's for him, it's not always good advice for most normal people. Examples: you can come out ahead using credit cards for everything, paying it off each month and earning rewards, and if you currently have a low mortgage interest rate of say 3% it doesn't make sense to pay that off when you can be earning 5% in an FDIC insured high-yield savings account. Not everyone has the PTSD that Dave has it's his mistake to project that on everyone else.
@amireallythatgrumpy6508 Жыл бұрын
LMAO. You really believe the bankruptcy story? He sucked you in hook line and sinker with that one! By the way most Americans aren't smart enough to pay off their credit cards each month. They forget about their credit cards
@Tybren Жыл бұрын
Facts
@amireallythatgrumpy6508 Жыл бұрын
So he's sucked you in with the bankruptcy story too? You'll believe anything. @@Tybren
@TheCookster6411 ай бұрын
I bought a 2013 Dodge Challenger R/T brand new. I paid it off a year early. I was not going through a mid-life crisis. I wanted a hemi Mopar and I had the means to make it happen. I will never sell that car. About three years ago my wife and I bought a 31 acre property in the Northeast. In those three years it has increased in value by $100,000. As far as gambling, never.
@EdwinBoettcher Жыл бұрын
over analyzing and think will definitely keep you broke...be a doer!!!! Avoid living above your income, invest and most importantly live your life to the fullest
@re8746 Жыл бұрын
Avoid auto loans and credit card debt.
@alexb8926 Жыл бұрын
That is the truth people, but u guys are dumb 😅😂😂
@Potencyfunction11 ай бұрын
If you come from a wealthy country you dont need that. With the proper education you can make it witouth loan. Now depends of the surroundings. Either you want to learn in time , eithr others delayed stay in your way just because they cant more.
@Criscmg2011 Жыл бұрын
Even playing an online game like WSOP, the house wins!! 😂
@snakeonia7542 Жыл бұрын
Statistically sports betting is one of the lower holds for the “casino”. As long as punters stay away from parlays and other nonsense.
@AHeroInHell11 ай бұрын
"I've got a PhD in D.U.M.B" - That's a great line :)
@lenawarelius4195 Жыл бұрын
Thanks for sharing 🙌🌹🌼🌷🌻
@kenarthur6253 Жыл бұрын
My son's needy girl will keep him broke. 🤦
@begrateful89347 ай бұрын
What about buying a jeep to have a hobby with your family??
@B89Stranger Жыл бұрын
The first line got me hooked lol
@karenadamson2288 Жыл бұрын
3 things that will keep you broke: Pride, greed, fear /desperate. To check for pride motivation, ask, "would I buy this if noone else would see it?" Greed: "if your motivation is money, that is greed." Desperate: "about 20 seconds after I get desperate, I get stupid, and right after that I get broke...Desperate leads to stupid leads to broke."
@dipakrawal1509 Жыл бұрын
Although great advice as always by Dave. It is alright giving straight statics, but life is not a bowl of roses and when you use debt strategically and to strengthen your resolve in life it is a saviour. Also Dave is always saying build wealth, it is admirable to do this, but to focus on that alone and miss out on this short precious life we have, which face it costs money daily is not the most wise use of our time on Earth. At the end of the day you come with nothing and you go with nothing. Being Rich is different feeling to everyone, you should not push and focus on having more and more, you should be happy with what you have today and live in this moment. Live a modest life but a happy life. If you borrow and you know how and why and have the discipline to pay it off, what is wrong with that?
@jasonrodgers9063 Жыл бұрын
The movie was the ORIGINAL "National Lampoons Vacation", not "Christmas Vacation". It was, indeed, Christy Brinkley.
@JulietCate82 Жыл бұрын
My FIL regularly opts to impress (big SUVs and more recently, a pick-up truck) the poor neighbors whom we does not even talk to than making sure utilities are paid and more importantly, his fam is nourished. Unfortunately, it's as if my husbans has inherited the tendencies too. I think it really is true that getting married is the biggest decision you'll ever make in your life.
@TheGuardian2500 Жыл бұрын
With all respect, Scrooge McDuck didn't get rich out of being greedy. In an effort to help his parents back in the Highlands, he moved to America to make his fortune. He knew how to invest. He had multiple sources of income. True, he can be a little stir crazy over a few cents missing from the money bin, but he saw his family, his grand nephews and grand niece especially, as something worth more than any treasure in that vault.
@xlerb2286 Жыл бұрын
I've had friends that were willing to make mistakes so that I'd have the opportunity to learn from them. And thankfully I've been fairly good at watching and learning. I've done my own stupid things, For example, I put two rolls of nickels in a slot machine in the 80's. I've never forgotten that $4. ;) So that was it for gambling for me.
@nicholasselke5214 Жыл бұрын
I once went into a casino with $50 cash. Three hours later I walked out with $55. That amounts to an average winnings of $1.67 per hour, which I thought was a waste of time. Good thing I learned a lesson while I was ahead instead of by throwing all my money away
@user-mv9tt4st9k Жыл бұрын
😂😂 I had a similar experience at the nickel slots at the Trump Taj Mahal in Atlantic city. I won about ten dollars. That cured me. 😂
@arfriedman4577 Жыл бұрын
I always thought gambling was a waste of money. The 3 times I was in a casino I only used $10.00. One time I won some money so I kept it and stop playing.
@smokinhalf Жыл бұрын
Thank goodness I do not get a thrill out of gambling. I love video games, board games, card games, trivia games etc, but when it comes to gambling I see it as a place/person trying to F me outta something
@schao75558 ай бұрын
I've kept my debt low by not buying things that I dont need or I cant afford or taking loans or a large sum or spending money when I dont need to. Just try to live minimum and work and pay your Bill's and don't take on things that you dont need and dont get things that you dont really need, pay your Bill's and save your money and less spending in your life.
@b4ph0m3tdk911 ай бұрын
1. GREED 2. FEAR 3. PRIDE
@markburnham751211 ай бұрын
I come from a generation that didn't have Dave, and didn't need Dave. The basics were there. They've always been there. What's new is the new ways that youngsters can wreck themselves with credit. OMG. Sometimes I'm glad I'm old.
@RyanContreras72 Жыл бұрын
I began my investment journey at the age of 39, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.
@alicebenard5713 Жыл бұрын
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@PhilSommer2 Жыл бұрын
This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?
@RyanContreras72 Жыл бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@brittanynicolette9473 Жыл бұрын
wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
@philipcollen482 Жыл бұрын
Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement.
@JessicaWilliams-zt9co Жыл бұрын
Please someone should help here...I Iost over $5000 on live trade, I thought live trade is the same as demo trade because I was winning with my demo account. Please this is quite annoying and frustrating, what should I do please 😩😩
@zukabetMartins Жыл бұрын
You can acquire good suggestions for professional trading services from a variety of platforms. I tried a few of them out, but Kathy Baldwin trading services is far more beneficial to me. I invested through KATHY BALDWIN , same woman that an achor kept mentioning on CNBC, and has made multiple of my start up capital within three months
@luckyelcmont Жыл бұрын
I recommend that all new traders seek the service of a professional who can assist them in trading, like Expert Kathy Baldwin. She knows her job.😊😊
@NalsondaSilve-or3gt Жыл бұрын
I'm surprised you know her too. I've been making a lot of profit learning and investing with her for a few months now.
@MaryOlsen-wd1zs Жыл бұрын
I'm not here to converse for her but to testify just for what I'm sure of, Kathy Baldwin is trust worthy and best option ever seen.
@AbigailDouncan-ow4wr Жыл бұрын
funny enough, a friend that I referred to her received $6,040 profit after 10 days of investing.... I became jealous.. Lol😂
@aaronmeadows1667 Жыл бұрын
Fred Smith saved FedEx on a Vegas bet.
@brolim. Жыл бұрын
I have a phd in dumb… i feel represented by that
@gladegoodrich2297 Жыл бұрын
Uncle always drove Cadillacs. Kids had to pay for his funeral.😟
@jimmymcgill6778 Жыл бұрын
And Dave's way is not the only way. And that is not what he gets. He does not understand that. Or don't want to.
@truthserum5310 Жыл бұрын
Or doesn't want to* SMH
@user-mv9tt4st9k Жыл бұрын
Why are you here?
@wanahbeh3082 Жыл бұрын
I hope sir dave will have a topic about online gambling. Thank you
@arfriedman4577 Жыл бұрын
Why? It's no different than regular gambling. You still have the same temptation. Only its easier if your running up a credit card. No gambling is good when your not in control of the amount limit you set
@mikekinsella2822 Жыл бұрын
top 3 things that keep me broke. 1. I don't have enough money. 2. I don't have enough money. 3. I don't have enough money.
@dinahcharles6502 Жыл бұрын
Yes, watch other people make stupid decisions.
@user-mv9tt4st9k Жыл бұрын
It stinks when they are your relatives and you listen to them beat themselves up for it, or make the same mistake twice in a different place.
@genecase9464 Жыл бұрын
"Learn from your mistakes?" Nope. Learn from other peoples mistakes.
@amireallythatgrumpy6508 Жыл бұрын
You have to do BOTH. Learn from your mistakes AND the mistakes of others.
@genecase9464 Жыл бұрын
Of course you do! @@amireallythatgrumpy6508 🙂 But learning from "other peoples" mistakes is even better. And, learn from their successes. 👍
@YoungScato Жыл бұрын
3:32 he has that evil laugh down to perfection
@gordonmccracken1209 Жыл бұрын
It's false assumption people make that someone bought a nice car to impress someone else. Perhaps they bought it because it's the car the buyer wants with the performance the buyer wants and has nothing to do with anyone else.