Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
@TheresaAnderson-kf5xw7 ай бұрын
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
@maryHenokNft7 ай бұрын
Exactly ! That's my major concern and what lucrative investment can one venture into with the current rise in economic downturn
@hunter-bourke217 ай бұрын
In fact, I had no prior experience or understanding when I began investing in 2018, but by the end of 2019, I had made a profit of almost $750k. All I had been doing was going by what my financial advisor had told me. This demonstrates that all you truly need is a professional to assist you; you don't even need to be a great investor or put in a lot of work.
@maggysterling332547 ай бұрын
@@hunter-bourke21Kudos on the effective execution of innovative ideas and tactics that lead to significant advancement. As I seek guidance from a trustworthy advisor, would you be willing to share details about the individual assisting you?
@hunter-bourke217 ай бұрын
*Gertrude Margaret Quinto* 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.
@nancyt68952 жыл бұрын
The Rachel and Dave combo on this show is the best, imo. They bring two generations' perspectives to the calls.
@adambedski2 жыл бұрын
This call was actually super motivating, how Dave responded. Thanks Dave
@LittleMopeHead2 жыл бұрын
Which most important point did you take out of this?
@parks10510 ай бұрын
@@LittleMopeHeadhearing about people winning and crushing their goals is inspiring. Especially since it’s much more common in todays culture for people to bitch and moan and cry about how life’s not fair and yada yada (insert sob story)
@alexsteven.m64142 ай бұрын
Diversification is the secret to optimal performance. This is why I have my interests set on market sectors based on performance and projected growth, such as stock, EV sector, renewable energy, Tech, and Health. Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $10 million and to FIRE
@antoniaribeiro80732 ай бұрын
Dealing across multiple asset classes can reduce risk more effectively than putting all of your money into one. If you don't understand finances properly, see a financial consultant.
@PremSteve-yg4de2 ай бұрын
True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.
@PennyBernadette2 ай бұрын
You seem to know the market better than we do, so that makes great sense. Who is the guide?
@PremSteve-yg4de2 ай бұрын
I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, “Rebecca Nassar Dunne” turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.
@jorgeHudson-h4h2 ай бұрын
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@rcoles822 жыл бұрын
I'm not religious at all however the message everyone on this show presents is amazing, I love it. To be able to give to people less fortunate when you have excess is so amazing.
@KamikOzzy_2 жыл бұрын
Don’t have to be religious to give or be a giving person.
@HenryPaulThe3rd2 жыл бұрын
@@KamikOzzy_ absolutely. Although studies show religious people give far more of their time and money. We should all try to change that
@BenB-ts1ci2 жыл бұрын
God's ways are always best!
@Genxold1970s2 жыл бұрын
Engineers tend to be very goal and task oriented. Her problem is not money, but finding the next task or goal.
@snowboarddan58992 жыл бұрын
I agree. She should take a trip so she can plan a goal
@BrookeLynn-sr6vy2 жыл бұрын
Absolutely
@stangeorge35342 жыл бұрын
I’ve been a network engineer for sometime now, I don’t experience this at all. I can’t wait to retire and do nothing. But then again I’m not a millionaire, yet.😊
@RobertRyanThompson Жыл бұрын
Yea that’s what the whole call was about.
@farzana667611 ай бұрын
@stangeorge3534 Computer engineers ain't real engineers.
@AussieZeKieL2 жыл бұрын
Rachel is so good on this show. I feel like everyone else is scared of saying something Dave might not agree with lol
@terriesmith26162 жыл бұрын
That's because Rachel is Dave's daughter. She can get away with more and not be afraid of being fired. Other personalities have to watch what they say around Dave or it's the pink slip.
@briancochran41672 жыл бұрын
@@terriesmith2616 Good ol' nepotism.
@tigerrx72 жыл бұрын
Everyone else is not Dave’s daughter mate, of course. She gets kicked off the show, the funds is still in her name as an offspring.
@lukamagicc2 жыл бұрын
Thought the exact opposite
@mattymatt87 ай бұрын
@@terriesmith2616U ARE 100% right about this!!😂😂😂😂😂😂😂
@Doracox226 ай бұрын
Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
@greekmom6 ай бұрын
Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.
@greekmom6 ай бұрын
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
@awesomekj58124 ай бұрын
I doubt it snowball from 100k ....more like 500k when you start seeing it.
@matthewminogue32767 күн бұрын
Does it though? I feel like that’s false information. If the market is down so is your investment. My situation is different considering I had absurd bonuses but getting to 100k was as fast as getting to 200k. Interest rates had little impact
@amourofbeauty2 жыл бұрын
Yes! Feeling this shift in our household and it feels so foreign. Sometimes it can be hard to reconcile that we’re not still in a mountain of debt and can afford to increase our lifestyle.
@Chikou1421910 ай бұрын
@amourofbeauty congrats Queen!!
@susannicky10 ай бұрын
Interesting I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
@patrickhenandez4 ай бұрын
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.
@Bestjudy0014 ай бұрын
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
@patrickhenandez4 ай бұрын
@@Bestjudy001 However, if you do not have access to a professional like Clementina Abate Russo, 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 commitments.
@Bestjudy0014 ай бұрын
@@patrickhenandez Oh please I’d love that. Thanks!
@patrickhenandez4 ай бұрын
@@Bestjudy001 Clementina Abate Russo is her name
@patrickhenandez4 ай бұрын
Lookup with her name on the webpage.
@rjh60372 жыл бұрын
When people aren't really spenders, it can be tough to know what to do with excess money. And Amy is correct, being a landlord totally sucks. To the haters on here, try and remember people with a little extra resources also need and deserve financial advice.
@31henderson2 жыл бұрын
I'm a landlord and I don't think it sucks... easiest job I've ever had.
@ashleyc506 Жыл бұрын
@@31henderson I’m glad it’s worked out for you, but not everyone has had your experience with rentals. My family had a tenant that stopped paying rent and it took us over a year to evict her. DEFINITELY not for everyone.
@JasperOFlanigan-jz6jt Жыл бұрын
@ashleychurchill I couldn’t agree more. Being a Landlord is so hit or miss. If you get a tenant, it’s a breeze and you have easy passive income. But a bad tenant is a life altering experience. You stress so much getting them out and then you’ve lost so much money the entire time with a double mortgage effect.
@AbandonedKittyLiter Жыл бұрын
It can be hit or miss, but after renting 4 townhouses for the last 10 years I can say with conviction that its all in the vetting process. Even if it takes 2 months, get the RIGHT people in. I wont even accept people's application if their income is not at LEAST 50% higher than the rent. so if the rent is $2500.00 then they must clear at LEAST $5000.00 AFTER taxes. Its not that I want to exclude certain people, I just don't want to put people in a bad financial situation where they have to choose either rent or food. You will find that if people can afford their rent easily...they will pay it. @@JasperOFlanigan-jz6jt
@jamess.249110 ай бұрын
Yeah being a landlord sucks. I did it once never again. Now I just let my properties (all paid off) just sit there and hold value or appreciate.
@harshac529418 күн бұрын
I am 33 years. My net worth is negative 15 Grand. I will soon break even. Going to be a great life up ahead man!
@joek2k2 жыл бұрын
Man, I wish I had this problem. Congratulations!
@butterfly23faith842 жыл бұрын
I was just going to say the same thing lol
@maricelg7772 жыл бұрын
Yes
@grantv23132 жыл бұрын
Took the words right out of my mouth. They’re getting a $30k raise I might see $1k. I’m annoyed by these people but happy for them at the same time. I’m glad somebody’s making it.
@hamamunashe2 жыл бұрын
Go to engineering school
@Bio-Lina2 жыл бұрын
I hope one day u will. In fact i am sure of it
@Carlsbenjamin17 ай бұрын
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 17k in last month 2024.
@sylvia-ys3kp7 ай бұрын
Wow that's huge, how do you make that much monthly?
@texasdentist3-wx4ud27 ай бұрын
I'm 54yrs and have been looking for ways to be successful, please how?
@Carlsbenjamin17 ай бұрын
Honestly speaking, I will continue to trade and stick to Juliana Heidi daily analysis and guides as long as it works well for me..
@Chefmarcus17 ай бұрын
Woah for real? I'm super excited. Juliana heidi strategy has normalized winning trades for me also. and it's a huge milestone for me looking back to how it all started😀
@Solana-Army7517 ай бұрын
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
@brendanconners8672 ай бұрын
It seems like the challenging part is reaching babystep 7 without losing your hobbies, passions, and ability to relax in the process
@tcgtpl2 жыл бұрын
I especially like Mr Ramsey's quote @5:10: "It takes a little while for your emotions to catch up with your math." I agree with that sentiment, especially once you're in a position like the caller, where you're doing really well & have money left over. The premise can also be applied to when you're at the beginning of the wealth building & getting out of debt journey. Putting $100 into paying off a debt or investing may not seem like a lot when you begin, but with compounding interest over time that money will bloom into something substantial.
@triple_gem_shining2 жыл бұрын
He says it all the time
@RettigJ2 жыл бұрын
I am feeling that, 21 years old and making 70k, running out of things I want that I cannot get.
@flyingswineseasonings95942 жыл бұрын
Perhaps one of the things people can do for a goal is mentor others in business or in your field. I can speak to the side of those being mentored that it's amazing and so appreciated. You don't even have to put money into it, just help others achieve goals for themselves.
@ElegantlyPrecious2 жыл бұрын
I could use some random giving to. 😊. Really, I don’t know you but I’m so happy for you and your future! You’re goals! Congrats, all of your hard work has paid off! ❤️
@BruceJC752 жыл бұрын
Dave help, I’m too rich!! 😂
@katemedley305724 күн бұрын
I’m proud of this woman! 🎉
@Bamapride19852 жыл бұрын
If you want some joy with giving, just go to toy aisle at a walmart and see the kids wanting toys and give 100s to the parents to buy the kid the toys. You will see the joy in the parents and the children. It's very heartwarming.
@backcountyrpilot4 ай бұрын
As important as earning and saving, is minimizing your tax burden. If you are going to lose money on the sale of your house, turn it into an Air B&B first, and get a few rent checks. Then, when you sell it, you can write off the loss on IRS Form 4797. This loss will offset income OF ALL FORMS, including W2 wages. So, if you lose $100,000 on the sale of a house and earn $120,000 that year, your taxable income will be $20,000. If you earn $50,000 that year and the next, your taxable income will be $00.00 in both years. Disclaimer- I’m not an accountant, just a Minnesota farm boy that reads a lot.
@moicus292 жыл бұрын
If I was at that level, prob would look into teaching others about stuff I'm passionate about. But... I'd look to see where I could help local orphans, animals, and vets.
@marcusmoss8466 ай бұрын
Might be good to see how you can get plugged in with these passions now. Don’t wait for more money to do those things Money doesn’t necessarily make us more charitable/giving…just magnified the characters we have developed by the time the money comes
@typorter-pp6lh2 жыл бұрын
I know what this caller is feeling. My dad was a janitor and my mom was a nurse, and growing up we never had much money left over. Definitely no inheritance. Went to college, married a very smart woman, started a small business, and always lived below our means. Now my wife and I could easily retire at 45, and yet sometimes we wonder “Is that all there is?” Anything we want we can get, but neither of us has extravagant needs so the money just piles up. Not complaining, but it is a weird feeling that we never expected to have.
@raemaxey34012 жыл бұрын
Job well done to you and your wife! ❤️
@JohnDoe-gc1kt2 жыл бұрын
GIVE BACK TEACH OTHERS
@boat68682 жыл бұрын
Congratulations on getting yourself into a great position.
@dianecelento49742 жыл бұрын
Have you thought about traveling? There's got to be places you want to see. Do some research online. Great job though.
@brethitmanhart2752 жыл бұрын
@@dianecelento4974 traveling now is so samey. Go somewhere and it is like everywhere else. Language and some food aside.....
@zeal4god4022 жыл бұрын
Kablow! To all the critics and haters who think giving to the local church keeps people broke, if anything it has made them BETTER financial stewards because they know ultimately their wealth is a gift from God and want to manage it as judiciously as possible
@chukssure56262 жыл бұрын
Giving is good but not for the benefit of pastors so they can get that private jet. Don't just give, give wisely and purposefully.
@zeal4god4022 жыл бұрын
@@chukssure5626 Without being paid properly, pastors would have to engage in another line of work and devote less time to ministry because they do have families and bills to pay too. I agree, the extravagant giving and televangelist offering blessed waters if you sow a $1000 seed is an abuse of leadership, frauding the people and not biblical
@jimbobduggar17472 жыл бұрын
Uh no. Churches boast their tax exemption and take money from people to profit themselves as much as possible. Wealth is a gift of hard work(most of the time) not from God.
@zeal4god4022 жыл бұрын
@@jimbobduggar1747 Everywhere we have a mixture of the genuine and artificial. Genuine/counterfeit relationships, food, money, people and churches. Churches like other non-profit organizations need funds to fuel their projects. For those that abuse this privilege, they should be reprimanded and penalized. Without God giving us life, and the energy we get from the air, sunshine and food we absorb that God created, we wouldn't have physical/mental energy to accumulate wealth
@jimbobduggar17472 жыл бұрын
@@zeal4god402 I agree with the first half. There are good and bad churches out there. That's your own opinion and that's okay, but it just doesn't make much sense. Being wealthy comes from a mixture of extremely hard work, and most of the time being born into a wealthy country to have the opportunity. Not sure which God you believe in, but I don't think they're correlated with wealth in any way.
@Gannicus-USA4 ай бұрын
I have a relative who made it really big financially. He’s building a $10mm home! He’s so charitable and the family is proud of him not because of his success but because of his philanthropy.
@OutSkirtz2 жыл бұрын
I’ve never understood how people with money act like they’re lost. Travel the world more, give to others just enjoy life more it doesn’t have to be all about work when you get to that stage of life.
@DavePatrick9017 ай бұрын
This 2024, Don't set this year financial goals without consulting a financial advisor. Their expertise ensures a solid plan for success. Building wealth involves developing good habits like regularly putting money away on intervals for solid investments
@RhondaLawson0147 ай бұрын
Thanks for the advice! Im new to financial planning and wasn't sure where to start. Any tips on finding a reliable financial advisor or resources to guide beginners?
@SteveDaniel1527 ай бұрын
I completely understand the impact of the new year on financial decisions - it's transformative. While I've found success in investing, especially with the guidance of my advisor Timothy Eric Meek, I still appreciate the solid foundation i had. The principles align with the core values of financial discipline
@AngelaHunt2907 ай бұрын
@@SteveDaniel152How can I get in touch with your financial consultant?
@hillaryrowland17 ай бұрын
Look for stocks that have paid steady, increasing dividends for years and have not cut their dividends even during recessions. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
@SteveDaniel1527 ай бұрын
A Google search of his name can really help you know more about his profile
@NorcaRamona14 күн бұрын
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 below the $100k mark and in the first 2 months, my portfolio was reading $234,800. Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting.! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer.
@Bestjudy00114 күн бұрын
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
@NorcaRamona14 күн бұрын
@@Bestjudy001 However, if you do not have access to a professional like Suzanne Gladys Xander, 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 commitments.
@Bestjudy00114 күн бұрын
@@NorcaRamona Oh I would love that. thank you
@NorcaRamona14 күн бұрын
@@Bestjudy001 Suzanne Gladys Xander is her name .
@NorcaRamona14 күн бұрын
Lookup with her name on the webpage.
@Aziz__0 Жыл бұрын
My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.
@carolynrose1816 Жыл бұрын
The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner.
@viewfromthehighchairr Жыл бұрын
@@carolynrose1816 A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for license advisors and came across someone of due diligence, helped a lot to grow my reserve notwithstanding inflation, from $275k to approx. $850k so far.
@SkepticalMechanic-l9x Жыл бұрын
@@viewfromthehighchairr Over the following 3 months, I want to increase my reserve from $280,000 to at least $550,000. I would be grateful for any advice you can give on how to accurately predict the market and how to diversify and balance my portfolio in order to accomplish my goal.
@viewfromthehighchairr Жыл бұрын
@@SkepticalMechanic-l9x My advsor is NICOLE DESIREE SIMON, you can easily look her up, she has years of financiaI market experience.
@SkepticalMechanic-l9x Жыл бұрын
@@viewfromthehighchairr Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé
@drewnyc58162 жыл бұрын
I know exactly how she feels. The amount of money coming in is overwhelming. I'm not a spender either so what do I do with it? I retired at 41 now at 53 I'm still lost. I give a lot of money away but it still feels like I'm not doing enough. I was driving a 10-year-old truck. Finally, I walked in and bought a luxury car writing a check, which did nothing for me. I'm not a material person at all. I've traveled all over the world. So now what? I know it is a great problem to have but you do feel lost when it happens to you.
@benkelley65612 жыл бұрын
I'm not in that stage at all but I could understand. When we're working on the baby steps and paying off debt there's a clear goal, it makes it easier in a way to stay focused.
@DeanBKK Жыл бұрын
How about starting a business on something you've always wanted to do, something you're passionate about. Something where you don't rely on the businesses success, but rather it's something you genuinely do for fun or would do for free (making furniture, fixing cars, etc). In Dave's case, he has a net worth of something like $250 million, doesn't need any money, but he's still working past his 60's because he's passionate about helping people sort out their money problems.
@maxlee8371 Жыл бұрын
We are brain washed to chase money our whole life, that’s what happen when ppl retired they wanna go back to work. They don’t know what to do with their life….
@karlabritfeld7104 Жыл бұрын
@@DeanBKKgreat advice
@Leslie83249 Жыл бұрын
Kudos to you, nice problem to have! I'm not quiet there but well on my way.
@saradeaton6872 жыл бұрын
Create a scholarship fund, support missions, just pour into people in some way.
@Jeguia857 ай бұрын
Donating scraps is easy, giving what you don’t have feels better.
@bulldogfightingforfreedom9 ай бұрын
I am 41, worth of more than $5M now, just keep working… working and working.
@pja5462 жыл бұрын
They "crappiest" caller I've ever heard. Ha! 😁
@earlmarsh22852 жыл бұрын
I would buy a small farm, New Harley, And an old pickup truck!
@mocheen48377 ай бұрын
I am waiting to purchase a Porsche or Corvette. I cannot fathom spending so much on a car that I will use on the weekends only. It is just a toy but also my dream.
@heatison11 Жыл бұрын
I'm 32 and worth about 60K....I feel so inadequate
@jaydubya926510 ай бұрын
Right like they mustve had a windfall lol
@HaikesXO10 ай бұрын
This is an extremely unique position for a 33 year old
@summerrr18 ай бұрын
Not really. Her net worth is made up of her assets and her husband’s. It would be more notable if she had made that alone.
@HaikesXO8 ай бұрын
@@summerrr1 I’d say less than 2% of 33 year olds are worth 2 million dollars
@xxpowwowbluexx2 жыл бұрын
Start a scholarship, a seminary, a ministry of some kind, and more.
@Sombra_Azul_2 жыл бұрын
This lady's laugh made my day.
@joycew.65312 жыл бұрын
Overwhelmed by prosperity, LOL!!!!!!!!!!!!!
@NathanH832 жыл бұрын
Right? So weird. I can think of plenty of things to do with it
@jaydubya926510 ай бұрын
Right like boo hooo Lol. Go chill out. Youve made. Now you can watch up all run the rat race.
@tande08228 ай бұрын
They are killing it!!👏🏽👏🏽👏🏽
@TrollerzTV2 жыл бұрын
How’d they do it? I’m graduating now for engineering and investing in mutual funds for 10 years doesn’t get me to millions. Has to be that they have business right?
@christiangabor1922 жыл бұрын
Side note, the higher earning engineers don't stop reading the textbooks and learning skills after they graduate. There are often higher paying senior engineer roles with stock options and performance payouts. During internships I met those who were in the same position after 5+ years and I met those who were considered experts with high demand in the industry. The one difference I observed: the top engineers would give me their favorite textbooks recommendations instead of their opinions on TV shows.
@wittyusername95442 жыл бұрын
What type of engineer?
@rtkmanUtube2 жыл бұрын
My guess is Petro Engineering in the TX area.
@JessicaTheEngineer2 жыл бұрын
I’m an engineer as well, worked for 10 years before leaving to stay home with the kids. I got 95k in my retirement and an investment property which I could sell now and walk away with around $140k. Good but not as great as these two!! Clearly these people did very very well!!
@DewTime2 жыл бұрын
Well you must be a low paid engineer. My wife and I work in tech and we recently made our first million after working for 3.5 years.
@johnchan93927 ай бұрын
Awesome achievements on the couple! 👍👍 They need to treat themselves, as they both dedication in their education and work mindset. Just like anything in life, patiences are needed. Everyone needs to be patient with wealth building, the couple needs to be patient on those extra zeros in their wealth. Enjoy the years to come! ❤
@RuizCriminalLawFirm7 ай бұрын
Hedonic adaptation. You’ve got to keep setting new goals to stay motivated. It’s like when an Olympian wins gold. Shortly after they get depressed.
@paulcooper8899 ай бұрын
Can somebody tell me? This could be a dumb question, but when you ask somebody, what's your net worth? What exactly does that mean? Does that mean cash that you have in hand or means how much you get for your salaries or what is it?
@jenniferlopez89612 ай бұрын
Goodness how I’d love to work for this couple even if it’s a remote side hustle just to help me pay for my student loans faster.
@mtnbeyekr Жыл бұрын
If I ever reach where she is, I want to be an FSP fairy! These are people who give generously to fund adoptions for disabled children. I love the work that Reece’s Rainbow does!
@Mr_Fairdale2 жыл бұрын
A humble brag by the caller followed a humble brag from Dave. Still happy for them though:)
@jeffreywhitaker51542 жыл бұрын
lol
@whitney1462 жыл бұрын
I just shared this with my son
@brianmills48912 жыл бұрын
10% is the command. Give sacrificially is the goal. You don’t have to look far to see needs around you and as Christians, gospel centered giving can’t be beat.
@revans72408 ай бұрын
@joshuajohnson9936 Very sad. Family first and anything else is selfish. I do find these financial videos to be way too preachy. Finances are not connected to religious beliefs, and religion can be misleading measure of character.
@BUILD-HIGH Жыл бұрын
Ohh please tell her and her husband. This guy right here its struggling, it will be very helpful. feel free to share😂😂 going through step 2 , im pushing pushing 🤦🏽♂️🤦🏽♂️
@pussnuts10 ай бұрын
If they give it to you, then nobody will have money. You're the kind of person whos biggest curse would be to win the lotto. You'd be broke and maybe even unlived in the next 5-10 years.
@Joenzinator11 ай бұрын
My advice would be to keep yourself occupied for 14 years until it's worth $8,000,000. 47-50 would be a great retirement age, with $250k/yr passive income to live off of.
@mimiwhite57102 жыл бұрын
Great job caller
@Bluebaja2 жыл бұрын
Why should I donate to a church that the pastor net worth is over 100+ millions? 🤷🏽♂️
@cazpk68402 жыл бұрын
Interesting discussion about what happens when you finally make it.
@_ZORDON_2 жыл бұрын
Jesus what’s with her Elizabeth Holmes impersonation
@TheBryanmauroАй бұрын
It was at this moment one realizes: Money doesn't make you happy.
@Corkfish12 жыл бұрын
I'm not sure what the point of this conversation was.
@Primitive_Code2 жыл бұрын
Amy's next goal: Eat more chilli dogs and flush the toilet.
@shadygrady38192 жыл бұрын
They is my dream scenario . One day
@mts245710 ай бұрын
How do people have this motivation for career? I never felt that as a woman. I'm 33 too
@aaronmurphy8796 Жыл бұрын
Sounds like they could begin working on early retirement . That’s what my wife and I are working on now. They didn’t say where the money is but Having 2 million in mostly 401k and home equity would not give you much more time freedom prior to being able to access the money . So pivoting to how to generate wealth that is accessible now could be good .
@DanielGarcia-zz9eg2 жыл бұрын
let that keep flowing. enjoy life is what I say
@ArmageddonIsHere8 ай бұрын
"I'm an engineer, my husband's an engineer", and " _MY_ net worth is $2M..." Translation: "I may be married, but my money is _MY_ money" If her husband made the mistake of talking like this even in private, let alone on a public TV show with thousands if not millions watching, she'd be raking him over HOT COAL. Full disclosure: I'm an engineer too, and also worth over $2M. Never would I talk like this though.
@87handmedown2 жыл бұрын
I want to call in and tell Rachel that I love playing craps too. What a great way to start out the call!!!
@phelpsomg54498 ай бұрын
"Oh dave I've got 3million dollars what am i gonna do?" Really. I call tht "too stressed to be blessed!"
@NoYoureBeautiful2 жыл бұрын
Gotta love that new red bull commercial lol...
@mts245710 ай бұрын
Wat
@GSP48510 ай бұрын
Dave has recommended a marketing book for decades. “Guerrilla marketing” there’s a new commercial from Red Bull that takes DIRECTLY from one of the chapters…
@LeFKay2 жыл бұрын
Wow this is a great “problem” to have Kudos 👏🏾
@Intotheunknown89 Жыл бұрын
Don’t change, figure out the your next goal. If saving makes you happy, then save.
@cornishpasty43444 ай бұрын
If I was making that much, I'd buy a holiday property somewhere that I truly love so I can always retreat there when I need to and then potentially retire there one day. And then just lots of travel and exploration around the world.
@marshall2.0152 жыл бұрын
If you hire a good property management company they will fulfill all the landlord duties. You give them the keys to the house and tell them where to deposit the post expenses money. You do nothing but authorize repairs after that.
@camcommute2 жыл бұрын
@@genxx2724 that's y you get a "good property management company". Not all them are bad
@josephmcortez2 жыл бұрын
definitely do due diligence on the company property managers need to have some concept they manage property, tenants and client wealth at the same time. not all take this approach however if real estate isn't a desire don't do it, you can invest in a REIT and get decent dividends without the risk and hassle of real estate
@wittyusername95442 жыл бұрын
Or they can get into commercial real estate. Their headache is probably from residential tenants.
@kylecrisman92302 жыл бұрын
Coming from someone who owns a small service business these high rollers that have all these expensive toys and all this money are usually the ones who want to beat you down in price and complain about everything. That’s usually why they have money. If you don’t believe me go with me for a day. It’s the unfortunate truth Not all of them but more than you would think for sure
@heatherj30302 жыл бұрын
I waited tables when I was younger in an expensive new country club. What I learned from it was that people with money are the same as the rest of us, just more so. Those that were naturally generous were more generous. The stingy were more stingy, the snooty were more snooty and the kind were in a position to be more kind. Money definitely doesn't make people happier, but it does make it easier in some ways. It was a good lesson for me in my early 20s.
@kevinleamy54492 жыл бұрын
@@heatherj3030 A
@doozy17768 ай бұрын
she goes off saying "I" have a net worth of 2 million... yea no honey "we" have a net worth of 2 million marriage aint a solo ride, half of that 2 million aint yours
@clmf26842 жыл бұрын
Beans and rice
@frev9460 Жыл бұрын
As a kid from central TX, I too and am shocked by my coffee bill!! 😂 Baby steps I guess 🤷🏻♂️
@fredfred40866 ай бұрын
Spend more time with your kids. Strengthen your family.
@WWEFans52 жыл бұрын
Love all the haters in the comments
@jeffreywhitaker51542 жыл бұрын
lolol, exaaactly.
@jml95502 жыл бұрын
Exactly, losers and haters are out of the woodwork.
@mikemushipe60232 жыл бұрын
What an amazing situation to find yourself in.
@jerrylansbury95582 жыл бұрын
So.......why isnt everyone in the same situation ?
@mikemushipe60232 жыл бұрын
@@jerrylansbury9558 that's for you to figure out.Finances are an individual sport...
@kayla00021342666542 жыл бұрын
CONGRATS!
@jasonjosephlee7 ай бұрын
Best thing they can do, is buy rental properties and grow the portfolio year by year.
@billwilliams699 Жыл бұрын
This is the type of call that helps so many people. Perhaps elon musk can call in so we can all commiserate with him
@Hhhhh1286410 ай бұрын
Jealousy is a very destructive thing. After 3 videos with people with horrible life’s you can kinda of get the steps Dave does. There really isn’t any more knowledge to be learnt from. Get rid of debt and just start that’s basically it. So let her call in and flex she earned it. I think the problem you have is you thrive on hearing people suffering more than you are. Relax, hopefully you can get rich enough to call in and flex as well or just forget this show and live your life killing it.
@billwilliams69910 ай бұрын
@@Hhhhh12864 I'm not the sharpest tool in the shed but I find it hard to believe that these people can't figure out a rewarding way to donate their "extra" money.
@brucemiller6882 жыл бұрын
Great call and answers
@BrianaBudgets Жыл бұрын
Give give give give give. That’s what I would do if I had more money than I knew what to do with.
@abinathsurendar95549 ай бұрын
I m 43 still struggling for 1.5 mill
@theflightsimulationexperie68942 жыл бұрын
Sounds like a flex call.
@jeffreywhitaker51542 жыл бұрын
lol yep, and she flexing HARD. Good for them.
@linglee86322 жыл бұрын
Congrats
@mocheen48377 ай бұрын
He must be talking about Graham Stephen who purchased an expensive car.
@elmusicochavez1946 ай бұрын
I believe this will be me, in SaaS industry
@johndone80452 жыл бұрын
Put them into google,.amazon, tesla those. Kind. Of stuff, and some dividend stocks
@nopy99Ай бұрын
I would build a maternity clinic in a poor country. Or an idea i have is to Fund a couplev mobile vans kitted out with ultrasound machines etc.
@collinivey19957 ай бұрын
Who has coffee specifically on a PNL and not under a subsequent category
@juxtaboo8 ай бұрын
Wow what a flex ❤
@titan30632 жыл бұрын
I would like to have that type of problem.
@stevenporter8632 жыл бұрын
Kind of silly call. Basically she is complaining because she has 'too much money'. No such thing as too much savings or investments.
@clarifyingquestions2 жыл бұрын
If you are an American, it should be the norm. Just follow the baby steps.
@marting.935710 ай бұрын
He's was talking about Graham Stephan
@josephgunter64156 ай бұрын
dave ramsey for president!
@charleezy1232 жыл бұрын
Loved this!
@talyahr33028 ай бұрын
Can't wait til this is my type of problem 😂
@timmy101able10 ай бұрын
They re engineers… they probably have stocks equaling the $2M… that can change anytime and to say they made $2M at this point doesn’t mean they will make at that same rate
@peterhong2359 Жыл бұрын
Peak post covid stock market inflation, i would continue to be conservative until age of 45 to ensure proper retirement...