What Should I Do With My Savings?

What Should I Do With My Savings?
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[@blacksnk]

This is the first quality call I've seen in months. Someone young making some cash and calling in to decided how best to make his money work for him. Not someone taking a loan to have that blow out wedding or someone having 200K in student debt in education then wants to be a SAHM.

[@Iceman240Z]

If I had a welding business, I would invite Dalton to shadow me. I am not in the welding business but this guy has his head on straight and is heading the right direction.

[@maxcadey9223]

It's Dalton!

[@jeremysparage2378]

Dave: “good for you. WELDone”

[@FireFortuna]

Ha!

[@NotYourAvgJoey]

🤣

[@j.m0ney133]

$100k a year for a welder is really good! I am sure it is tough work but good for this guy! 👍

[@ozicryptoG]

He must be quite skilled. Hes doing really well

[@vintageswiss9096]

$70k is entry level for a welder. People highly underestimate the pay in the technical fields.

[@yoopally4136]

Isnt it just connecting things with a flame? Doesnt sound like much brain power, no offense

[@aolvaar8792]

In the 1990's, High temp, high pressure welders working 45 days on, 45 days off Supercritical Steam Generators Superheat tubes 12 hours a day at 1.5X ~$1000/day with per diem. The power plants have RV hook ups.

[@mattwalter6207]

@@yoopally4136 i dont want you welding at any nuclear plants by me!! Thats a highly regulated and skilled industry

[@deboramarcotte4203]

Christy is one smart cookie...she really knows her stuff! Dave is a good teacher!

[@user-bm3rs3fx4k]

Cookie lol

[@shanicelewis9768]

This young man has his head on right, pray continues on the right track, and be mindful of the commitments he makes too early, like women and children.

[@DemetriPanici]

Put it in the S&P

[@mikemclenison8200]

Great call and advice!

[@ozicryptoG]

Love the flex hahaha "I can weld tooooo" hahaha

[@sam272sl]

Dave Ramsey you should get Mike Rowe on the program to talk about things like this 👍

[@tdontv448]

I haven't listened to the video yet, but knowing Dave, I'm guessing the best thing to do with $85k in savings is put 20% down on a brand new Rolls Royce.

[@kylemccarthy02]

😂😂😂

[@hughmungus7230]

LOL great idea!

[@AR-me9jy]

😂 😂 right

[@the.ramey.showhig...4985]

❁WhatsApp❁

[@tones_2466]

excellent mentorship👏🏾👏🏾

[@Frosty2014]

Love the content guys God bless!!!

[@pclindholm]

What practical and caring advice.

[@ShoppingwithRina]

This is so nice to hear

[@theramseyhig...4921]

❁WhatsApp❁.

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@joeplem5329]

This kid will be able to semi retire by the time he's 40 if he keeps his head on straight IMO.

[@briom1425]

Men who marry or have relationships with women that has children deserve it , they should be smarter

[@ghostmane2643]

@@briom1425 Yikes it's not too late to delete your comment

[@aolvaar8792]

The thing about retiring young, is healthcare, I'm retired young and my cost is $600/mo, my former employer pays $1500/mo. $2100/mo total

[@briom1425]

@@ghostmane2643 why would I , it’s true . Never marry or have a relationship with a woman with kids . There are women out there without all that extra luggage and headache . Plenty of women out there who don’t have kids or never been married before.

[@mensb1936]

awesome this call makes me excited for him

[@scottcampbell96]

Would love to hear how callers like this are doing today. I find myself rooting for Dalton and glad that he’s got his head on straight at such an early age.

[@nicholasmaynard2309]

I don’t know if the show reads the comments, my question to Dave is if he could go back to his 21 year old self what would he tell him to do differently, and what would he have done differently ?

[@donnahilber8701]

wow, that was great advice to a young ambitious person who wants to get into business!

[@the.ramey.showhig...4985]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@theramseyhig...4921]

❁WhatsApp❁.

[@DoctorSmartyPants]

Scheduling is a big one.

[@jasonjosephlee]

House hack and buy your first rental property, add value to the properties you buy and keep buying in markets that appreciate.

[@megblackwolf5470]

You don’t need to go to college to learn how to run a business. Talk to people that do, read books, watch videos, write your ideas down. You do the LITERAL same thing in college so save yourself 85K and skip that buddy.

[@sdavis8087]

Congratulations young man

[@the.ramey.showhig...4985]

❁WhatsApp❁

[@the.ramey.showhig...4985]

*PLUS ONE SIX ZERO EIGHT THREE ONE NINE THREE NINE THREE ZERO *..

[@ruththomas7164]

Stay independent- managing ppl is harder than manual labor- I prefer indie contracting- stay tuff- 💪😎🇺🇸

[@caiquefrancis]

Good for him! Doing really well! Now the question arises, what should I do with my savings? This video never tried to answer that lol

[@pattycake1939]

Lol 😆 does it ever?

[@wwbabe]

The answer what to do with the savings was to buy a “sufficient” truck (not an expensive nice looking one) and outfit it with the welding tools he needs to start his own business. (Once he has received a sufficient amount of mentoring and has read the book Dave is sending him)

[@jovanpatterson9458]

There are so many people struggling with stuff and we have to hear these stories smh

[@XianTC6]

When you do find that person to shadow, do we offer to pay them for their time? Or do you find someone would share knowledge willfully?

[@VS-fo9py]

Did this lady leave the show? Haven’t seen her in current episodes.

[@E9EXPO]

Put it all in BBIG

[@mirabella2154]

Transfer it to my bank account.

[@yayyareaa2997]

Facts

[@ZacharyBuhler]

Follow the baby steps, it works every time.

[@dougprentice1363]

Love it. Kid is doing great.

[@theramseyhig...4921]

❁WhatsApp❁.

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@DoctorSmartyPants]

They didnt actually answer his question.

[@multistack1502]

Here before Casey the most hated spammer

[@Epro95]

Copy paste inspirational quote about finances

[@markrosolini2934]

Buy stable coins ( usdc) put it in Celsius and get passive income with no fees whatsoever.

[@jeanlenor1858]

What should I do with my savings?

[@sorrygtfo]

Things are really exciting for this kid

[@livingunashamed4869]

One word......F.I.R.E.

[@mikeshaw4610]

He is going to need a tax person that can help him through the reporting that is required.

[@megblackwolf5470]

😑

[@theramseyhig...4921]

❁WhatsApp❁...

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@simplyme922]

Young and trained = Work the hours. Stack the chips young man. Future you will thank you.

[@front331]

just reading the title "what should I do with my savings" to me implies that someone worked a job and saved money like a maniac, now doesn't know what to do with their savings like me. Seems like this guy does know what he wants to do, so kind of misleading title.

[@drewconway7135]

“Nuke-yu-lur”

[@BunkMasterFlex77]

Dave was laughing in the thumbnail on how little this guy savings compared to Dave's

[@RoBDeeZL42]

sell out of the money cash secured put options with it for premium, 2-3% return a month. 30-40% compounded annually. Dave dont know about all that tho...

[@jonc2276]

People skills are a big deal. I need to work on it.

[@theramseyhig...4921]

❁WhatsApp❁

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@RedPillGrimReaper]

Deep in the money LEAPS with SPY & QQQ

[@the.ramey.showhig...4985]

❁WhatsApp❁.

[@the.ramey.showhig...4985]

*PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@user77654]

his friends paying 100k per year for school, and he making 100k per year working yea he is ahead, trades are in short supply now

[@_jessica_toussaint]

Give it to me if you don’t know what to do with it 😫🤣

[@Lianne459]

He needs to take business courses before opening his own business. Otherwise he could get into tax and accounting trouble.

[@queen.kristal8395]

Or u can hire a reputable cpa. U don’t have to know taxes and accounting to do it.

[@matthewm2643]

Definitely not necessary. There are people to hire for that.

[@lotuswolf1518]

@@queen.kristal8395 cpa will cost him a lot , he's a not a millionaire , if you make 400 k annually ,he can give 100k to the cpa

[@queen.kristal8395]

@@lotuswolf1518 lol we only pay our accountant $250 a month and make almost 400k a year .u don’t know what your talking about.

[@lotuswolf1518]

@@queen.kristal8395 I think works for multiples people not just for u, I thought u were talking about getting a full time cpa who only works for ur company , my bad 😅

[@triple_gem_shining]

buy a 2022 honda odyssy

[@flexusanm]

🤣 it would probly go up in price

[@wreckingopossum]

He needs an old Toyota Tacoma

[@Seoul_foods]

Can’t haul or load much

[@wreckingopossum]

@@Seoul_foods All he has to haul or load is his welding tools. Just so he isn't driving the Winnebago daily to the job. He needs a reliable old truck and Tacos are one of the most reliable old trucks

[@plants4thewin]

I have one and LOVE IT...I haul all kinds of stuff.

[@utrnagel9441]

In Germany they take it from you!!

[@theramseyhig...4921]

❁WhatsApp❁...

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@aaront936]

Invest everything over your emergency fund.

[@the.ramey.showhig...4985]

❁WhatsApp❁

[@the.ramey.showhig...4985]

*PLUS ONE SIX ZERO EIGHT THREE ONE NINE THREE NINE THREE ZERO*..

[@psychedelicdaemon4914]

buy a motorcycle, or boat and enjoy a bit before you feel burning out halfway through

[@flexusanm]

Comment great sir. Bye good hi

[@RBTMOTORSPORTSLLC]

Good head on his shoulders, raised right. Rust free well kept rust free lbz duramax welding rig. Keep at it, be careful what women you let in your life 👍🏻

[@KennedyIvy]

Purchase a new gaming PC

[@yayyareaa2997]

That hard labor will wear you down long term tho

[@chantalreneehayles7976]

thats why i dont believe it should be a life long career. maybe a few years, 10-15 max, save as much as possible and then move onto something else.

[@mariejones7136]

He has more money than me and Im 67.........lol..

[@the.ramey.showhig...4985]

❁WhatsApp❁.

[@the.ramey.showhig...4985]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@DisabilityExams]

He should use his money to get a tuba degree

[@ryankiel4895]

Haha I remember that video!

[@jblue1299]

Christy should get a job delivering pizzas!!!

[@flexusanm]

Wut lol

[@webfreakz]

She's great, why the hate?

[@BOBBYRSAWH]

You are someone who have not yet learn anything about life and Responsibility

[@ryankiel4895]

No, she should become a model!

[@alexandruf9408]

Get a Celsius Account and get %10 yield

[@mrlover4310]

Yeahhhhhhhhhh I love Celsius.

[@Answers721]

He can make far more in Kucoin than what Celsius is paying.

[@mrlover4310]

@@Answers721 yes but I think Celsius is much safer

[@ChrisMFlorida]

I prefer farenheight

[@stromari]

Save Lol

[@acemichael5510]

Left and right people coming on this show asking the stupidest questions. Use google if you’re so curious.

[@XavierSMG18]

Hi guys I’m 25 and I think it’s about time to focus on a career, what do you recommend?

[@Logan69420]

McDonald's

[@jblue1299]

Go to work for Dave …..

[@flexusanm]

@@Logan69420 lol

[@kevinb8881]

Raising cattle!!!

[@chocolatecookies5345]

Depending on your experience, I would say IT is a great option. Or at least get a Business degree as it opens many doors. I hope that helps!

[@666dynomax]

Kristy should be daves daughter she's good

[@alexfonseca2063]

Or his side dish/mistress.

[@jeffgreagrey4585]

Looks like the start of a common theme? Men are not going to a traditional college to learn woke-a-nomics and be shamed for their "xy" chromosomes and graduate with a degree in proper pronoun usage. They don't come out with 100-150k in student loan debt either.

[@georgemendez6760]

he should have gone to college first and take out 100k in loans for a useless degree

[@johnmirbach2338]

😎✌🖖👍👌😁

[@jackkubik9341]

First

[@icebergism]

YOLO it into random shitcoins.

[@theramseyhig...4921]

❁WhatsApp❁.

[@theramseyhig...4921]

PLUS* *ONE* *SIX* *ZERO* *EIGHT* *THREE* *ONE* *NINE* *THREE* *NINE* *THREE* *ONE*..

[@untouchable360x]

He needs to find a single mother. He should help her with the bills and children just like any decent man.

[@daver7929]

Lol

[@Random-yq1wu]

Bad advice, This is kid is too good for a single mother.

[@Dragon-pv5oj]

Late responding on the comment but are you serious? I’m asking because you seem serious about what you are saying

[@fredschair-heavytalk2683]

This kid worked hard, saved his money, and is seeking solid advice that will make him prosperous in the long run and you tell him to get a single mother and help her with her children… yea WE NEED TRUMP BACK IN OFFICE TO MAKE AMERICA GREAT AGAIN

[@xchino0427]

​@@fredschair-heavytalk2683trump didn't make America great again when he was in office 😂