Dave Ramsey Brilliantly Explains How to Build Wealth | KOSHER MONEY

Dave Ramsey Brilliantly Explains How to Build Wealth | KOSHER MONEY

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Publish Date:
12 October, 2024
Category:
Wealth Strategies
Video License
Standard License
Imported From:
Youtube

Psst, do you want to build wealth? Who doesn’t?

But what steps do you need to take to accumulate money?

What common mistakes do people make that cause them to fall behind?

We visited Dave Ramsey in his studio in Franklin, Tennessee to explore his famous Baby Steps and how millionaires are made.

We hit him with some awesome questions throughout our very compelling 40-minute discussion. We saved some fun ones for the end.

You're gonna enjoy the advice he shares.

✬ DAVE'S MENTIONED LINKS ✬

• The 'Total Money Makeover' book walks you through the Baby Steps: https://www.amzn.to/3G6fMVa

• The 'Baby Steps Millionaire' book teaches you how Dave invests and builds wealth: https://amzn.to/3W2TQjv

• The EveryDollar Budgeting App - https://ter.li/5cs2h1 (In the first month of using the app, most users cut monthly expenses by nearly 10%. Dang!)

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CHAPTERS:
00:00 Coming Up 
00:45 Intro
01:24 How Is Dave Doing?
01:41 How The Baby Steps Began
04:24 The 7 Baby Steps Explained In Under 4 Minutes
07:48 Beyond The Baby Steps
08:39 How Millionaires Are Made
09:38 How to Put Money Into Retirement PRACTICALLY
11:39 The Beauty of Automation
12:33 Sponsor: The Donor's Fund
13:58 The Wisdom Behind A Emergency Fund
16:50 High Yield Savings
17:21 Priorities in Budgeting (Private School Tuition)
21:17 Borrowing Money for a Bar Mitzva?!
25:03 How Kids Pick Up on EVERYTHING
25:26 Sponsor: Twillory
27:12 Home Buying Advice
33:48 Buying vs. Renting
35:22 What Dave Tells People Who Don't Wanna Budget
38:36 Sponsor: Colel Chabad
39:47 The Effect of Budgeting 
43:15 2 Pieces of Advice for 25-Year-Old Dave Ramsey
45:15 If Dave Ramsey Was In Charge of the USA's Finances
47:18 How Cool Is This Story?
48:53 Outro and Helpful Links

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