Dave Ramsey's Advice For Young People Who Want To Get Rich

Creating wealth and gaining financial freedom isn’t as difficult as lots of people think. Through the right information, building wealth and staying financially stable forever is way easy. Investing is the only true way to earn a great income and staying wealthy forever..

My dividend journey began when I realized that two particular expenses in my budget were always going to go up and never go down. The two expenses were taxes and insurance. I realized that the dramatic rise in both will need some added income. So, I started buying shares paying dividends. I can now see that this will be the path I need to take to make sure those two expenses will not overtake my future income.

All glory to god

How much % shall we give ourselves as an allowance for spending money at every paycheck? Given the fact after saving money, bills, and mortgage? Bills are utilities, no credit card debt, everything is paid off.

I agree, just put in perspective who you are giving too because takers love givers

So ramsey invested in real estate and bought 4 properties while he was broke... oh have the times changed.

Most times it amazes me greatly the way I move from an average lifestyle to earning over 63k per month, utter shock is the word. I have understood a lot in the past few years to doubt that opportunities abound in the financial markets, The only thing is to know where to focus.

“If you aim at nothing , you will hit it everytime “ .

“A budget is people telling there money what to instead of wondering where it went “

this man took out $4m loans in real estate at 26 when you're only making $250k/year (in your best year, too)??? sounds like this guys a TERRIBLE person to take advice from...

So your saying the bible helped him make a million dollars

Im glad me and my wife found dave at a young age, we are 26 and 24. We have applied these principles to our lives and we are sticking with them. I believe we will be successful and we will help others as well. God bless you all

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Overall, 51% of traders think it's a good time to invest in stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m thinking of investing $400k into my stock portfolio but unsure about it

I like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income

Ramsey parents were in real-estate wtf hes taking about

That half of the proverb and the saying Jesus said are the two things in this video.

this video has started like a comedy stand up routine.

I needed this in my life

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have about $70k 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

You keep mentioning investing, investing in what? Stocks? Wall street kind of investing? Local businesses? What is this man talking about. I need a book investing for dummies.

- write out a budget
- get out of debt
- quality relationships -- keep good company
- save and invest money
- be generous

WILDVESTCORPS PAGE has helped me while I'm content with $12,000 a week.

I think id rather kill myself to be honest because i didn’t ask to be in this greedy monetary system

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.

I began my investment journey at the age of 33, primarily through hard work and dedication. Now at the age of 38, I am thrilled 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.

I traded well on my Demo account but when I invested in to my main account i lost all my funds. Please i need an expert to assist me with my trading

Solid advice

Thank you for this video😊, I appreciate the content of this video but still find it very difficult to trade. Can someone guide me on the right approach on investing and making good profit

The only true hope to be found in life is through knowing Jesus as our saviour. We can know the peace of having our sins forgiven and hope for the future by becoming a Christian. St. John 6:37 Jesus said “....whoever comes to me I will never drive away.”

Amazing! Nice inspiring story to get learnings from.

Hail Mammon, Hail Clauneck, Hail Bune. All hail the true trinity.

I love listening to everything this legends say, Having monitored my portfolio performance return huge six figures from the last 2 quarters of last year, I have learned why Jeff Bezos says the market will remain a money den for those who know where to look.

I will be forever grateful to you, you changed my whole 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 Mrs Sarah Williams .

These are very valuable info for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $109k now to put in the market.

Financial success in life depends on several factors: getting rid of debt, educating yourself, switching your mind to long-term goals, saving and investing for the long term. Once you've managed to put together your first million, then it's on its own.

Timestamps would be nice here

I was there too, worst part if you tell a regural person how to get there n u can't do this n that ,they look at you like your crazy n that I'm trying to tell them how to live their life n that I offend them talking bout it .I NEVER EVER THOUGHT this was a real thing

Wow all my dad did was beat me

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!!

I will succeed

Easy to implement except a few. But I suck at making money. How can I make money. I can keep it very well. It’s increase the amount I bring in

Making money is not the same as keeping it there is a reason why investments aren't well taught in schools, the examples you gave are well stationed, the market crisis gave me my first millions, people shy away from hard times, I embrace them.. well at least my advisor does lol.

Is there any teaching about biblically earning an income??

Banking system is evil

Age 30 to 70 thats crazy math i got 48k😂

That's a a good piece of advice

Holy sh this guy actually takes the Bible out what a crank, he found the real path to getting rich is exploiting the religious doing seminars lolol