Source – @TheRamseyShow
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I thought rich people got rich by being born into money or inheritance
The way rich people get rich is because that MAKE money no one has gotten seriously rich by just saving
Rich people do not save money they invest
Rich people don’t get rich by saving..
I'm 17 no debt and I wrote down on a napkin money and spend 17 out of my 20 dollar allowance, saved 2 dollars, I'm on the final step 👍
Stop plowing the crops! Harvest them first!
What’s the farming game lol?
People with a networth of 1-5 million saved their money. People with an actual substantial networth leveraged debt.
Dave's advice is amazing for your average person with average intelligence and lack of self control because they'll never know how to leverage debt and reinvest their money in ways other than an index fund. If you have self drive, control and intelligence greater than the average individual you can easily leverage debt and make more money than you will ever make by counting your coins for 67 years.
You left a little bit of crop by the first tree bro 🌳
"Live less then you make". Im on my way to the womans shelter with that advice.😂
(I do get what hes saying, its a joke kids, relax)
You dont get rich from your income
You cannot save yourself rich, you must invest your money into anything at all, saved money will eventually disappear
Rich people exploit and abuse to get rich. Not save.
But Dave I don’t want to be rich when I’m 65 I want to be rich now
Is this fs25?
Love this guy but I don’t believe debt is a 100% negative thing. If you leverage debt and be strategic, you can make more money than you’ve ever dreamed of.
Rich people DO NOT become rich through saving money. They become rich by borrowing money.
This guys old style. Things a more expensive now and not even saving money will get you rich. Start investing on shit that will build you up. Make money while you sleep
I really appreciate your efforts! Could you help me with something unrelated: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
no u need to get IN to debt
name of podcast
His plans only work for people who can’t acquire the skills it takes to achieve real wealth. Nobody is saving themselves from poverty to a millionaire. They’re either investing aggressively in their own business or one that they have substantial equity in. And before someone replies with “what about doctors, lawyers, or *insert high paying career path here*” the real big dogs in those industries own the firms and hospitals that the people you think have money work at. Dave Ramsey is for employees not employers.