now the stuff we teach here and have for almost 30 years is proven it's no longer an opinion it's not a theory I don't agree with Dave Ramsey's advice which would make you wrong and I know you're writing a blog from your mother's basement you're looking for clickbait using my name I understand that but you're wrong and it's always humorous to me to see people who are broke on Twitter ragging on the advice that I give or a broke 26 year old journalism student deeply in student loan debt writing an article about me that's humorous
because it's stupid here's the thing here's the advice that we give you if you do these five things from the Bible and from your grandmother they're called common sense you will win with money 100% of the time now I don't know exactly how long it will take you and I don't know what win with money will mean because I cannot predict your income and I cannot predict the tragedy that you will have to overcome but subject to your income to tragedy ratio to the extent you do these five things you will win with money you
will become wealthy in North America if you will do these five things over and over again number one you need to have a written plan a budget jesus said don't build a tower without first counting the cost lest you get halfway up and you're unable to finish and all who see you begin to mock you and say this man began to build no one would begin to build and was unable to finish no one accidentally wins at anything and you're not the exception I don't like Dave Ramsey's advice I don't give a crap you're wrong
you have to do a written gameplan with money are you gonna Lu's second thing is you got to get out of that your most powerful wealth building tool is your income and when you spend your whole freakin life giving your money to banks who fill up the skyline and have furniture nicer than yours that makes you stupid get out of debt when you don't have any payments you know what you've got money do I care if you get out of that yes I want you to win I want you to have a great life but
do I care if you agree with me no I don't care if you agree with me if you don't agree with me about this money stuff you're what's known as wrong I've been doing this longer than most of my critics they were peeing in their diaper while I was doing this stuff they're wrong live on less than you make number three in the house of the wiser stars stores of choice food and oil but a foolish man delivers all devours all that he has if you spend everything you make you're a fool well Dave you
don't know about my situation in America today wages are stagnant so why are they stagnant at your house you know where wages are stagnant on people who are stagnant you're only stagnant gotten stagnant wages if you decide to stay there and keep getting those wages this is not Russia you can quit I don't like how much Walmart pays I don't like how much McDonald's pay so don't work they're stupid go to work for somebody else I don't like out my company treats me so leave go be somebody there's no reason that you have to be
stuck somewhere because some liberal journalist said you were stuck you're not stuck you're stagnant don't be stagnant you know what stagnant pond water does it gross scum on top you don't want to be stagnant you get scummy you need to go be somebody you need to leave the cave kill something and drag it on you need to decide that my life is not if the way it is and so I am going to control the controllables I am going to change some things because guess what nobody in Washington is going to fix your life Santa
Claus doesn't live there baby have you noticed that the Democrats and the Republicans neither one could freaking ad have you ever had any of them send you money no they are not going to fix your freaking life you are gonna fix your life you're gonna get on a plane you're gonna get out of debt you're gonna live on less than you make and then you're gonna save some money you know how rich people get rich they save money Wow I don't know if I agree with Dave Ramsey's investment assumptions I don't give a crap if
you agree with my investment assumptions you know what my investment assumption is my assumption is you're gonna be broke until you save money that's my assumption you need to get up off your assumption and go do something you need to get up off your assumption and start investing some money 100 percent of the people that don't save money don't have any wow how's that for insight doesn't take a freaking rocket scientist to figure this out you know what the problem on your investments are the problem with your investments is not your rate of return it's
not your expense ratio it's not no load versus load it's not your nerdy twisted up toxic but opinion about some investment your problem with your investments is you don't have any that's the problem with your investments 100 percent of the people that build wealth save money on purpose a lot some people do it poorly in a stupid money market accounting make no money on their money others do it wisely in mutual funds that outperform the S&P or real estate that they pay cash for that outperforms the S P others are just passive and do the
S P and they all write books about it and all have a freaking opinion and make money off of you while you're stagnant that's stupid don't be stagnant invest money save money you know how you're gonna do that you're gonna be on a plan you're gonna get off out of that you're gonna live on less than you make and voila there is money in the budget it's called margin baby and now you got the money to be rich you got to act like rich people and that's not gonna spend a bunch of money more on
cuz rich people don't go spend a bunch of money I'm gonna go buy a Ferrari I'm acting like rich people no you're acting like a that's not Ferraris aren't rich people that's the ultra-rich you don't buy a Ferrari if you're a millionaire that's a seven I mean it's crazy you people yeah I'm gonna act rich I'm gonna rip people off that's just a liberal nonsense rich people don't rip people off they can get rich by ripping people off that's just stupid don't be stupid it makes you look bad don't do that if you'll get out
of debt and you don't invest and you live on less than you make and you have a plan then you can do the last one it's the most fun you'll ever have with money you could be outrageously generous randomly generous lavishly generous but broke people can't do that because they sit around and discuss their investment philosophies and while they invest nothing there's like people smoking weed discussing the meaning of life they ain't getting nothing done you need to get up off your assumptions and go do something it's your turn [Music]
