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10,967,978 Views • Jun 9, 2022 • Click to toggle off description
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Dave Ramsey shares a story from his life about how he went completely broke after becoming a self-made millionaire by the time he was 26 years old. He emphasizes the importance of the 5 rules for building wealth and living a happy life.
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Dave Ramsey
youtube.com/c/TheRamseyShow
Celebration Church - Texas | Italy | Mozambique
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Dave Ramsey's Life Advice Will Leave You SPEECHLESS (MUST WA
Views : 10,967,978
Genre: Education
Date of upload: Jun 9, 2022 ^^
Rating : 4.777 (8,996/152,084 LTDR)
RYD date created : 2024-05-17T10:32:35.582544Z
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YouTube Comments - 9,425 Comments
Top Comments of this video!! :3
Wow, at the age of 53 I lost my wife to cancer, I and we were on top of the world financially, our children were grown and gone, out of state, I was alone, I felt I have more to give, so I adopted 5 children, yes 5, they are all from the same family, in the system and about to be separated, I took them, it’s been rough, here we are 10 years later, life is great. It’s wonderful to give my life to children who needed it….bless everyone
4.9K |
You work for a 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k in a bitcion coin for just fe months and now they are multimillionaires thanks to Charlotte Grace Miller
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I think the stock market will do well in 2024, so I'm thinking of putting $220,000 into stocks for my retirement. Any advice on doing this safely? Also, any important tips for the current financial situation?
2.6K |
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
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Every family has a person who breaks the chain of poverty. I hope you will be that person!!
2.1K |
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
1.1K |
Recessions are part of the economic cycle, all you can do is make sure you're prepared and plan accordingly. I graduated into a recession (2009). My 1st job after college was aerial acrobat on cruise ships. Today I'm a VP at a global company, own 3 rental properties, invest in stocks and biz, built my own business, and have my net worth increase by $500k in the last 4 years.
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As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
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Thinking about when I almost gave up on life and how I managed to increase my financial situation to six figures, I feel very satisfied and very grateful to GOD.
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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!!
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I must say you are an inspiration because I started up investing and trading as a scared investor who doesn’t want to lose money, glad to say I’m very profitable now and bought my first house through it
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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.
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I've got food in my stomach, clothes on my back, a roof over my head, and money in my pocket. I'm rich!
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At 42, I've come to realize that money is a tool. I’ve worked so hard over the years to realize that if you don’t make money work for you, you can’t experience true freedom. I’m glad I found that out although it was later in life, but that marked the turning point in my finances.
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Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My parents both spent same number of years in the civil service, but my mom was investing through a wealth manager, and my dad through the 401k. My mom retired with about 4.2 million, but my dad retired with roughly 1.8 million.
935 |
I just sold a property in Portland and I'm thinking to put the cash in stocks, I know everyone is saying its ripe enough, but Is this a good time to buy stocks? How long until a full recovery? How are other people in the same market raking in over $200k gains with months, I'm really just confused at this point.
1K |
Thank you, Just what I needed to watch really. My hubby and I are directors of our farm business and own property plus small pensions. I am nearly 52, hubby is 55. We have started to save to retire from the farm, and possibly live on rental income, I'd really appreciate if you could go LIVE and talk about how to earn passive income online and retire comfortably
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the lack of investment education in schools may explain why people struggle to maintain their financial gains. Managing money is different from accumulating wealth. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
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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.
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10 months ago
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