Dave Ramsey's Life Advice Will Leave You SPEECHLESS (MUST WATCH)

38 years ago my wife and i got married we were stupid we didn't do any pre-marriage counseling i was a hell raising beer drinking hillbilly good salesman though so i sold her and about the time i started buying and selling real estate i left that other thing and i grew up in real estate business mom and dad they were in the real estate business so i thought i was going to flip this house and that's back before there was cable tv to tell you how and so i started buying houses and flipping them and and

i got rich starting from nothing by the time i was 26 years old i had about four million dollars worth of real estate a little over a million dollar net worth and i was making about 250 000 cash taxable income a year that's 20 000 a month i don't know what neighborhood you grew up in but the neighborhood i grew up in we called that rich it was fun too y'all that car you always wanted if you ever got some money i want that car mine was a jaguar i wanted to get me a jaguar

because nobody in my own neighborhood could even spell jaguar it was exotic you know so i got me a jaguar man within 90 days maybe i was a jaguar i was having fun and sharon and i we had never traveled really much a little bit i mean we went to florida on our honeymoon that was about it and and we started getting some money we said what do rich people do and they found out they go to hawaii so we went to hawaii rednecks in hawaii y'all wow that water is so blue it was unbelievable

we loved it too man it was a blast we liked it so much we got home and planned another trip two months later we went back again it was fun and we got sharing some these sparkly things and they weren't big enough so we got her some more it was fun y'all sometimes i hear these people say all those rich people are miserable now i am not here to tell you money will make you happy because money will not make you happy money will make you more of what you already are if you're unhappy and

you get money you will be unbelievably unhappy if you're depressed and you get money your depression will darken if you're a jerk and you get money you become a big jerk if you're sweet and you're generous and you love giving and you get money you become what we call a philanthropist and you change entire communities entire people sectors you become more of what you already are when you get money it doesn't fix your marriage if you have a bad marriage it'll make it worse and the crazy that's in your family so we're cruising along everything's

pretty good and only i had done some stupid stuff nothing illegal i didn't cheat anybody i didn't lie i didn't commit fraud i didn't do anything like that but i was just stupid how many y'all ever done something dumb with money how many of you didn't raise your hand have a problem with lying i borrowed too much money and we were doing a lot of it on 90 day notes because we were flipping these houses and our bank our largest bank got sold to another bank out of state and a guy looks down and goes

there's a kid 26 years old owes us a million two on 90 day notes let's limit this relationship which is banker talk for ruin his life and we weren't late on a single note but they called all our notes because under the paper i signed they had the rights to do that if they just swirled and they squirreled i was the idiot that signed the paper that allowed that to happen never dreaming that anybody would be that way our second largest lender heard we were in trouble and called another eight hundred thousand so we got

two million dollars due almost immediately and it's all tied up in real estate we spent the next two and a half years of our life losing everything we owned one year i made 250 thousand dollars the next year my taxable income was six thousand dollars i spent the whole year selling stuff trying to pay my bills because i was told you're supposed to pay your bills if you say you're going to two and a half years later we were at the bottom our marriage is hanging on by a thread because the number one cause of

divorce in north america today is money fights and money problems we didn't get a divorce sharon said i would have left but i didn't have a car with a brand new baby and a toddler and our marriage just barely hanging on and my hopes and dreams crushed we were bankrupt i remember standing in the shower with it so hot i could just barely stand there and i would just stand there with a shower in my face and cry because i was so scared it took a while instantaneously things don't heal do they it takes a

little time so we didn't instantly bounce back when you fall that hard it's more of a splat and so we start handling money this way we started doing these five things that i'm going to teach you this morning if you do these five things 100 of the time they work because they're from god i didn't make them up i stole them all from the bible and your grandmother they're called common sense i just sold them better than anyone has ever sold them in america's history that's all number one get on a budget jesus said don't

build a tower without first counting the costs unless you get half way up and you're unable to finish and all who see you begin to mock you and say this man began to build and was unable to finish my friend john maxwell says a budget is people telling their money what to do instead of wondering where it went my friend zig ziglar used to say if you aim at nothing you'll hit it every single time it turns out winning at something is an intentional act no one accidentally wins they never interview the football player after

the super bowl's over and goes how did you do that how did you just win the super bowl i don't know i just got off the bus and it just winning is an intentional act if you're gonna have a great marriage you're gonna work at it if you're going to have great kids you're going to work at it they've had your kids turn out the nurturing of their mother the fear of their father we met we had a plan all the boys in the youth group are scared of you great awesome keeps away wusses and

jerks we don't want those as sons-in-law our daughter's in law and it's just a plan you don't win with money accidentally you're not going to win the lottery you're not it's not a random lightning strike it's a series of i planted some corn and corn grew wow as you sow so shall you reap i plant nothing nothing grows the same rain comes the same sun shines but nothing grows if you manage money for a company called you incorporate and you manage money for you incorporate the way you manage money for you now would you fire

you don't answer that the second thing is get out of debt the borrower is slave to the lender 100 of the mentions of debt in scripture are negative there is no good debt in scripture when you read about a hundred percent of the messages are it's a curse you're a fool you're a slave a hundred percent of the messages in scripture biblically speaking debt is stupid and so what happens is we go to school and we get us a little student loan gotta have old sally may in our life and then we get a master

card borrowers slave to the lender so we should get a master and then we go buy a car we can't afford we know we can't afford it because we have payments on it and then we go buy a house we can't afford and we look up seven years into our brand new marriage trying to live the same standard of living our parents were living only took them 35 years to get there and we fast forward with debt into something we can't afford we can't breathe we're stressed out all the money comes in all the money

goes out and now all we do is think about how we're gonna make it to friday we make eighty-five thousand dollars a year we don't have money for food this is normal in america today people come in our office they look like this all the time they're like dude can you get me out yeah i'll get you out it's gonna hurt though what do you mean we're gonna have to amputate the tahoe you're gonna have to do things where you quit caring what other people think you're gonna have quit spending money you don't have to

buy stuff you can't afford when money you don't have to impress people you don't even really like you have to reset your value system instagram breath watching other people's highlight reel and thinking that should be your life comparison will kill you so we made the decision we're not borrowing money anymore you're weird you're right normal's broke you know what you have if you don't have any payments money weird thing everything changes you even make different decisions about your job some people stay in toxic job situations because they have to pay their bills you suddenly are

free to go um i think i'm going to open up a competitor to you people because you aren't really good people and i don't want to work here anymore so that's fine it's a whole different thing it's a whole different mindset so a guy called me from average car payment america by the way is right now 529 over 84 months according to the national auto dealers association if you take 529 that you put into a good chevy truck and you know it goes down in value like a rock that's where chevy got that like a

rock and if you take 529 from age 30 to age 65 put it in a decent growth stock mutual fund in a roth ira you'll have about 5.6 million dollars in there instead of having a car i hope you like your car that's what it's costing you i'm not saying don't have a nice car i'm just saying maybe your nice car shouldn't have you maybe we got to think different about this a guy called me from over in west texas like baby you're gonna kill me i'm gonna kill you i'm in tennessee you're in texas

what'd you do he goes truck payment how much is your truck payment 769 dollars dude really it's no fun is it you guys just killing me i bet i said how much is your house payment he said we live in a double-wide 550 bucks [Applause] [Music] dude if your truck payment's bigger than your house payment you might be a redneck so we got out all the plastic and we lit some candles and we told the kids to gather around and we had plastic surgery citibank what's in your wallet money you're weird dave you don't have

any credit cards nope this is my wallet green president's faces four pieces of plastic my debit card on my business which you have to have money in there to use those okay my debit card on my personal account my driver's license and my handgun carry permit the next one is interesting foster high quality relationships do you know you become who you hang around with be not deceived evil company corrupts good habits if you hang around with people that go the little man can't get ahead we're just stuck i sure hope we can elect someone who'll

fix my lies they're spirit animals eeyore if you're hanging around with that guy guess what you're going to be that guy when they say take it easy they mean take it easy i mean hound dog in the sun on the porch you cannot motivate these people you hang around people they're getting it done baby let's get up leave the cave kill something and drag it home game on man we got things to do we got people to see you're gonna read the same books your friends closest friends read you're gonna see the same movies you're

gonna watch the same netflix series you're going to talk like they talk you're going to pray like they pray you're going to be generous like they're generous but if you run around with people that don't you won't i'm not talking about be snubby to other people i'm nice to anybody whether what religion you are even if you're from new york i mean i'm gonna be nice to you okay i love you you're sweet we're gonna be friends i got all these friends are way different than me either they don't vote right but i still love

them and i'm nice to anybody but i'm talking about who my closest crew is the six guys carrying my casket who are these men because those men are reforming me and i gotta be real careful because eagles don't flock you gotta intentionally gather them together turkeys flock be intentional about who you're hanging out with because your income over a 10-year period of time will be within 10 percent of the average of your 10 closest friend's income some of you are like i need some new friends yeah well you might you don't have to be mean

to the old ones but you know if you're gonna quit drinking you probably shouldn't run around a bunch of drunks you know if you want to get in shape maybe you ought to run around with people that eat stuff that keep you in shape i'm not hanging with that crew but you know y'all but so you know what i'm talking about right we know the formula we don't let our kids run around with juvenile delinquents because we know that you know little johnny's a weed head your kid runs around little johnny your kid will be

a wheathead you know this the next one is save money the bible says in the house of the wise or stores of choice food and oil and the rest of that says but a foolish man devours all he has if you spend all you make you're a fool when you save money grandma said save for uh you know why grandma said that cause it's gonna rain life is coming and when you got a pile of money it helps you got 30 dollars in the bank and no debt and they lay you off you're gonna be

okay you got thirty thousand dollars in debt and no money they lay you off you're like what are we gonna do wise people save money now here's what's interesting if you do this stuff it works so if you get on a plan no one plans on purpose to lose no one goes let's have a plan where we spend everything and retire broke no one says that right so when you actually do a plan you will get out of debt because you figure out when you don't have any payments it's easier to save and easier to

give right and so you live like no one else so later you can live like no one else so when you get on a plan you will start getting out of debt and when you got that because you're hanging out with people that are thinking different right we're going to foster high quality relationships then you'll be saving money and so all these things work together and the natural byproduct is the last one you will automatically do it god says be outrageously generous he loves a cheerful giver you can't give when you're broke i never noticed

poor people feeding hungry kids or you're poor shaming no you know me money not i'm mad at you if you're poor i've been poor i've been broke i know what it looks like i know what it feels like i'm not mad at you if you're there but you know change time to do some different stuff man quit listening to those same people that got you there have a different way of looking at things look at the bible what's the bible tell me about handling money and change it puts you in a position to be outrageously

generous being generous is not an act being generous is a character quality it's who you become generous people smile more they can even have a conversation where they listen some they've been around people who are just takers generous people are the givers they open the door for you they can't help but notice needs because they no longer have their eyes on themselves because they got self under control take care of your own household first then put you in position to be outrageously generous so try this one out because they told me to be done in

40 minutes that's when the holy spirit leaves and um so thanksgiving's coming here's what i want you to do leave early when you go to grandma's house for the feast put the kids in the car we're only 30 minutes early and i want you to drive and park right in front of the waffle house on the way to grandma's house i want you to leave the kids in the car leave your spouse in the car leave the car running it might be cold i don't know just come sit there kids put screens down watch i

want you to go in there i want you to sit at the counter i want you to have a cup of coffee and she'll come up and she'll pour your cup of coffee when she does i want you to look into her eyes they'll tell a story the bible says the eyes are the windows to the soul and she pours that coffee happy thanksgiving pull out three of these 100 bills i want you to leave them under the saucer slip out go sit down with kids hey kids watch god show off let me tell you

what she'll do she'll pick him up you know who's working waffle house somebody needs a job you know who's working waffle house on thanksgiving day somebody needs a chop dad this right here is life-changing baby she'll pick this up and she'll go [Music] just bless her heart it's been so long since anything good has happened she thinks it's a trick i want you to take 300 and i want you to take your spouse on an unbelievably nice dinner and i want you to enjoy some money but i dare you to have more fun with 300

bucks than that that's as fun as it gets right there ladies and gentlemen you have the opportunity to just impact stuff when you're not broke anymore because you decided you were going to follow the spiritual transformation of not being conformed to this world but being transformed by the renewing of your mind