If a plumber can become a millionaire, so can you!

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 299

  • @jefftang745
    @jefftang745 8 років тому +269

    I'm 36 yrs old and I'm a NYC union plumber. I make an average of $130,000 annually, and only work 35 hours a week. It's more than a decent living

    • @sTEADYONE67
      @sTEADYONE67 7 років тому +1

      Jeff Tang how long have u been a plumber ? and do u do commercial or residential plumbing? sidenote : do u do pipefitting and pipelaying as well? or thats just for pipe fitters and pipe layers?

    • @matthewsmith6546
      @matthewsmith6546 7 років тому +11

      sTEADYONE67 pipe fitters are union only.. plumbers do it all they are called 3 phase master plumbers.. I'm a 10 year master plumber making good money.. I can do it all from the ground up on any building.

    • @sTEADYONE67
      @sTEADYONE67 7 років тому +3

      Matthew Smith Nice. So whats the difference between plumbers, pipe fitters and pipe layers since plumbers can do those 2 jobs as well?

    • @matthewsmith6546
      @matthewsmith6546 7 років тому +3

      sTEADYONE67 pipe fitters are union only.. almost all pipe fitters.. do one thing.. fit pipe.. they are not plumbers.. they assemble dwv and supply that's all

    • @matthewsmith6546
      @matthewsmith6546 7 років тому +2

      sTEADYONE67 and pipe layers do underground only

  • @jgg204
    @jgg204 7 років тому +62

    plumber's in my area charge $60 for a service call and $100/hr + parts for work performed. HVAC same thing. last i checked, i didn't see any plumbers or HVAC repair technicians burning american flags at anti-trump rallies. no, they are hard at work building wealth and providing for their families. they never complain about making money. in fact, many complain that they have too much work and are too busy, and can't find enough skilled people to work for them. why? b/c the younger generation thought that going to liberal arts college for $60K a year and taking on $200K in debt would guarantee them a "sweet job". then in a couple of years they have to call into this show and try and unravel their lives on live air to figure out where they went wrong.
    props to the caller in this video for building wealth

  • @nomadictravelerfromTx
    @nomadictravelerfromTx 8 років тому +153

    My average income was $50,000.00.I am also a member of the millionaires club.The starting point of all achievement is desire.........

  • @righand
    @righand 7 років тому +139

    Almost everyone not knowingly grows up thinking plumbers are the bottom of the barrel of the skilled trades. Absolutely wrong.

    • @luisvargas1520
      @luisvargas1520 3 роки тому +7

      If you are brain dead.... i do landscaping and have regularly made several hundred a day If not a grand or so. Working with your hands and having a skill is paid because most don’t wanta do it 😂

    • @leslie7872
      @leslie7872 3 роки тому +1

      electricians are the bottom of the barrel of the skilled trades

    • @Hatim.13
      @Hatim.13 3 роки тому +5

      @@leslie7872 Lol, you re so wrong

  • @chrisdunham9818
    @chrisdunham9818 6 років тому +14

    I love men like David. Worked hard his whole life and retires a millionaire. Great job, David!

  • @memags
    @memags 10 років тому +59

    Nice to hear some young folks saying that they are saving. I'm a 42 year old plumber and have been saving since I was in my early twenties. I don't even have a quarter of this wealth but I'm working on it.

  • @bingojohn152
    @bingojohn152 6 років тому +28

    It cracks me up how people say Dave Ramsey is an idiot when he’s kind of a genius. If I’m lucky some of his genius will absorb in my brain

  • @readingthroughhistor
    @readingthroughhistor 11 років тому +88

    Everyone wants the 1.8 million now. But this guy is proof that almost anyone can get it in the long haul.

    • @angelddaz
      @angelddaz 11 років тому +30

      Win the lottery? Dave Ramsey sells crock pots. Not microwaves.

    • @MAttBorden1
      @MAttBorden1 10 років тому +1

      Pure Awesomeness!angelddaz

    • @BadBrad119
      @BadBrad119 7 років тому +5

      complaint is poverty and gratitude is riches. If you are happy with having nothing but the clothes on your back and the food you are eating, you will save up 1.8 million in no time

  • @MrJiffyjiffy123
    @MrJiffyjiffy123 9 років тому +72

    I've been a truck driver since I'm 22 .I'm turning 29 next month and I have 138000$ saved up. I think it's time for me to go to plumbing school! ;)

    • @stormypropertiesspringfiel2566
      @stormypropertiesspringfiel2566 9 років тому +5

      MrJiffyjiffy123 DUDE, you're awesome! If you manage to get $138,000 in 7 years, you're going to be amazingly wealthy. If you want to be a plumber, by all means go for it. But you're doing an excellent job "as is". No need to change just for the money.
      I could see you OWNING your own transposition firm some day.

    • @MrJiffyjiffy123
      @MrJiffyjiffy123 9 років тому +7

      Erik Whiting it's not just for the money but also to be close to my family. A like a lot of trades never been inclined to go to college and sit behind a desk . Plus it's looks like they can't find work

    • @stormypropertiesspringfiel2566
      @stormypropertiesspringfiel2566 9 років тому +4

      MrJiffyjiffy123 Sure, then your decision makes complete sense. Make good money and be close to family...win-win! Maybe you'll own your own plumbing company someday.
      Overall, you're going to be an amazing success no matter what you choose to do, because you're motivated and disciplined.

    • @jrus48
      @jrus48 9 років тому

      MrJiffyjiffy123 Excellent job for anyone but for someone under 30 ~ Freekin' Awesome! These are the kind of numbers I continue to drive into my 25 year olds head. Keep socking the money away as much as possible and you will be far, far ahead of the game.

    • @MrJiffyjiffy123
      @MrJiffyjiffy123 9 років тому +6

      jrus48 yes, there's a lot of opportunities out there in trades or in short college programs . Anybody can be successful as long as they live within their means and stay away from bad habits and bad company. Pretty much anybody can do it but they just don't have the will to succeed

  • @QuackyManSC2
    @QuackyManSC2 9 років тому +58

    Making 50-70k a year during the 70's and 80's is way more than the average household makes. Even by today's standards 70k is well above the average household income.

    • @NiciO.G
      @NiciO.G 7 років тому +14

      QuackyManSC2 yeah but I honestly doubt he made 70k back then even though he made it sound like that, I think his point is you don't need to make 200k/year to become a millionaire ...

    • @alpha_male_s
      @alpha_male_s 6 років тому +1

      In Ny that’s not that great

    • @coloursoftherainbow8399
      @coloursoftherainbow8399 4 роки тому +1

      Alpha Male Strategies - AMS Because you have a higher cost of living.

  • @leneeanderson4848
    @leneeanderson4848 3 роки тому +11

    My brother is a plumber. Back in 2008 he almost lost the family farm, was unemployed and couldnt find work. He was eating great value oatmeal, tuna and cleaning houses with me. Now he's 40, the farm is worth 800,000, he just built a new house, 3 paid for muscle cars, 2 paid for dodge srt trucks but would rather drive a 20 yr old escalade with 300k miles on it. Hard work pays off.

    • @taylorsmith9629
      @taylorsmith9629 2 роки тому +1

      Does he own his own company or is he just a plumber?

  • @tinas2857
    @tinas2857 3 роки тому +3

    I love Dave Ramsey - no holds barred - speaks his mind!!

  • @LiberatedOne7777
    @LiberatedOne7777 7 років тому +35

    I've been binge watching Dave's videos all day since I discovered him!! God has answered yet another one of my prayers. I'm a late bloomer to intelligent money management, but it's never too late. I'm ready now and can actually learn from someone I respect and trust because he's smart as heck AND he follows God!! #NoBrainer God bless you Dave :)

  • @Matt_007-l5d
    @Matt_007-l5d 11 років тому +20

    Great Segment! Ive set goals like this. I'm 17, working and going to school, with no debt. I set aside money every week and I would love to leave this kind of wealth to my family.

  • @lakritixdeschauves6361
    @lakritixdeschauves6361 7 років тому +82

    If a plumber CAN'T become a millionaire, who can?

    • @michaelh9251
      @michaelh9251 4 роки тому +10

      Plumbers make $35-70 an hour

    • @platapiwill
      @platapiwill 3 роки тому +1

      @@michaelh9251 in most areas. Not a bad job!

    • @cookiestarbag5463
      @cookiestarbag5463 3 роки тому

      @@michaelh9251 in the UK electricians make like £96 an hr

  • @drunclecookie216
    @drunclecookie216 8 років тому +17

    I know several plumbers and they all make very good pay around here... of course they own their own companies too

  • @DS-tg4si
    @DS-tg4si 7 років тому +23

    I worked for a plumbing company (accountant). Some of these guys are making $180 p/hr on gov't jobs. Its ridiculous so its not surprising they are millionaires.

    • @michaelh9251
      @michaelh9251 6 років тому

      D S No way $180 an hour unless working on their own even foreman don't make $100 unless maybe they are in union 20+ years in their career

    • @dannyalvarado3067
      @dannyalvarado3067 6 років тому +2

      Yes there is way lol. Im an apprentice making 79 an hr. So i know plumbers amking 130 an hr or more

    • @blakeengle4153
      @blakeengle4153 6 років тому +3

      Emerson Alvarado now are you making 79 dollars as an apprentice? I am now a journeyman and the highest paid apprentices I have ever seen was around 17-18 dollars.

    • @dannyalvarado3067
      @dannyalvarado3067 6 років тому +1

      Im a union worker in the sf bay area and yes here apprentices here make 100k a year easily. I made 70ish this year

    • @carojames6776
      @carojames6776 5 років тому

      Emerson Alvarado And working hard for every penny.

  • @BarrettPlumbing
    @BarrettPlumbing Рік тому +1

    35 and have been plumbing for 18 years. I make $500k a year working 40 hours a week running my one man business with my wife. Started at 10 bucks an hour as the company gopher in 2005

    • @Excogitationn
      @Excogitationn Рік тому

      Wow, do you have any tips for an 18 year old like me looking to maybe get into that?

    • @raulrios3579
      @raulrios3579 10 місяців тому +1

      @@Excogitationn Hey buddy, I see that BarrettPlumbing didn't answered your question. I got some tips if you don't mind.
      1.Get High School diploma
      2. Go to a trade school or Accredited technical college that offer plumbing vocational classes.
      3.Complete a plumbing apprenticeship.
      4. Get Licensed.
      5. Get Experience working as a plumber.
      6. Start your own business like BarrettPlumbing did.

  • @singletracksender9021
    @singletracksender9021 6 років тому +23

    This is super inspirational for me, I landed a plumbing apprenticeship today making more than I’ve ever made before. I hope to build a giant nest egg just like David.

    • @Painfulwhale360
      @Painfulwhale360 Рік тому

      Still a plumber? If so, how’s it going?!

    • @rolandoalmanza9039
      @rolandoalmanza9039 9 місяців тому

      How much more have you made since then

    • @singletracksender9021
      @singletracksender9021 9 місяців тому

      @@rolandoalmanza9039At about 75k a year before OT currently, for a brief period during the height of Covid I was hitting 13-18k a month. Nest egg is growing and retirement is on track for mid 6 Million range. Life’s good!

  • @gn6300
    @gn6300 7 років тому +43

    Of course a plumber can be a millionaire, ever hired one?
    I meant that as lighthearted fun...

    • @arleneaugustahair8393
      @arleneaugustahair8393 5 років тому +2

      G N 🤣🤣🤣🤣🤣 You’re absolutely correct!!!!!

    • @mkite715
      @mkite715 4 роки тому

      😂😂

    • @MrPipes-tz2kx
      @MrPipes-tz2kx 4 роки тому +1

      Love this comment lol skilled labour isn't cheap!

  • @lilydoesart9204
    @lilydoesart9204 4 роки тому +8

    I've worked as a plumber for just 7 years now on a few occasions have made 900 dollars in a day and currently make 37.50 an hour in phoenix az.

    • @taylorsmith9629
      @taylorsmith9629 2 роки тому

      Are you union or non union? Do you specialize in commercial or non commercial?

  • @Dblood85
    @Dblood85 11 років тому +16

    1.8 million doesn't mean you go out and buy a 1.8 million dollar house.

  • @ew0054
    @ew0054 10 років тому +4

    5:45 gets very good, Dave's commentary, I appreciate this

  • @stayathomemarine
    @stayathomemarine 5 років тому +18

    My husband is an electrician! This gives me hope for our future! He just graduated his apprenticeship at 27 and he makes 50k a year. I stay at home with our babies. I think he is going to go to an electrical union though.. better benefits.

    • @Hatim.13
      @Hatim.13 3 роки тому +2

      You guys will be financially alright, especially if he joins the union! tons of cash! This comment is a year old, I hope that things are good for your family.
      God bless

    • @taylorsmith9629
      @taylorsmith9629 3 роки тому

      Why don’t you work? Why does he have to support everyone?

    • @stayathomemarine
      @stayathomemarine 2 роки тому +3

      Taylor, I don't work because my job is at home with the babies. Have a blessed day ❤

  • @krusejordanc
    @krusejordanc 11 років тому +4

    I'm 24 and will be turning 25 in November with no debt working as a Mechanical Design Engineer. Absolutely loved this segment and it just acts as a reminder to all of us to keep the wheels turning and the fire going... my goal is a minimum of $10 million... I am truly changing my family tree

  • @workingshlub8861
    @workingshlub8861 8 років тому +27

    plumbers and electricians can make 100k a year no problem...more if you are union.

    • @r4ym1n13
      @r4ym1n13 8 років тому

      and HVAC techs as well

    • @LLopez-sx1jr
      @LLopez-sx1jr 8 років тому +2

      working shlub depending on location and if there is a lot of work available...

    • @workingshlub8861
      @workingshlub8861 8 років тому

      im up here in the northeast...decent pay up here.

  • @digitalbrand5510
    @digitalbrand5510 6 років тому +6

    “Earl Nightingale and Napoleon Hill taught me well.” I agree, The Strangest Secret...

  • @ISILENTNINJAI
    @ISILENTNINJAI 6 років тому +11

    Lol it's not like a plumber is in the same category as a janitor. A plumber is a tradesman in demand. They get trained on the job and don't have to go into student loan debt.

    • @dannyalvarado3067
      @dannyalvarado3067 6 років тому +2

      Exactly lol. When they say even plumbers. Lol plumber make more than people with high degrees

    • @alrbredwall
      @alrbredwall 2 роки тому

      You don't have to go into student loancdebt either but you choose to. Victims will always find an excuse to justify why the tradesman are worth more than the "educated"

  • @SaraJaneDouglas
    @SaraJaneDouglas 11 років тому +5

    What a great example of what smart money management can do, thank you for sharing!

  • @AlexT2048
    @AlexT2048 4 роки тому +2

    that millionaire pluber didn't give a investment advice to 26 or 28 year old. I kinda got annoyed

  • @jazziehairstudio7647
    @jazziehairstudio7647 2 роки тому

    I could cry listening to this story . This is amazing!!!!

  • @Georgeqaws
    @Georgeqaws 8 років тому +9

    Yah, that's the thing. His $60k back then was like $180k in today's money if not more. $25 was a month's worth of groceries! That's crazy. I don't know if he is single, but even my grocery bill in University was $200 a month for one person. In $CAD. If I only ate rice and beans and water to drink, it would still be $75 a month at the very lowest.

    • @joerazakmex88
      @joerazakmex88 8 років тому +7

      Then just eat rice and beans, 200 vs 75, that's $125 you can save each month, and invest it in something that makes more money

  • @orion3706
    @orion3706 10 років тому +9

    If people would pay off their mortgages and use that money to save for retirement, more people would be able to retire.

  • @MsABee1
    @MsABee1 11 років тому +5

    Great job David!!! I am pushing forward as well. It can be done! It WILL be done!

  • @rakashaagain
    @rakashaagain 7 років тому +2

    That quote... you become what you think about. I think and work toward being a millionaire and I will be if thing continue. My father always said, money isn't everything but is always talking about not having money. Don't be obsessive but do your homework.

  • @bayareamom1753
    @bayareamom1753 8 років тому +23

    $25 dollars for a month's supply of groceries? wow, that is insane. nowadays, there is not way that would be. gas is more. food is more. living expense is more. yet, pay is not up compared to all the other costs. not like back then.
    back then people could by a home with typical income in the bay area. now? yeah right! big difference.

    • @haywood16
      @haywood16 7 років тому +4

      Milk is $7.00 a gallon in New York

    • @rose_6400
      @rose_6400 6 років тому +1

      It's $3.50 here in Texas

    • @evan4856
      @evan4856 6 років тому

      jranfone it's $.99 here in ohio

  • @Georgeqaws
    @Georgeqaws 8 років тому +8

    Dave the plumber's money would not be redistributed. His income is not high enough.

  • @district2d
    @district2d 10 років тому +14

    Plumbers make a ton of money. I believe many plumbers make over 6 figures.

    • @hannamand
      @hannamand 10 років тому +5

      There's another video of a guy that mowed lawns for 30 years too... but he makes $100K + too (BTW, he's a "one man show").
      So maybe the point is that if you're smart enough to know how to mow a lawn, or fix a faucet, AND will live on less than you make over time you can be a millionaire?

    • @WOWSTWOA
      @WOWSTWOA 10 років тому

      5 STARS

  • @spike3346
    @spike3346 6 років тому +1

    I'm 28! My income is about 23-25k. Have a TSP with about 8k in it. I hope I can become this guy.

  • @cJOVANEE
    @cJOVANEE 7 років тому +4

    Plumbers make great money.

  • @aliercy7731
    @aliercy7731 4 роки тому +1

    So who is watching this video in March 2020 and getting pumped 💪💯. This is why i love the US, everyone has the opportunity to make something of your life, u can write your own destiny. Wealth inequality doesn’t work, Fidel Castro did that in my native country Cuba, and he made the rich and middle class poor and the poor , even more poor while he became one of the worlds riches man. My grandpa was stripped of his lands, including house and everything at gun point, with a 24hr deadline to leave or be killed. Don’t believe any politician, work, create business and save

  • @MrKen11589
    @MrKen11589 10 років тому +2

    Beautifully said Dave!

  • @ivantinoco2643
    @ivantinoco2643 4 роки тому +2

    I thought plumbers made over 150k a year.

  • @EYLS39C
    @EYLS39C 9 років тому +7

    All these bitter comments from Dave Ramsey haters are making me laugh.... Bubble bubble bubble toil and trouble, these witches need to go listen to Suze Orman if they don't like the truth.

  • @charlesweaver9297
    @charlesweaver9297 2 роки тому

    I did HVAC and then Industrial Refrigeration. I was able to do well financially. I was able to build a stock portfolio and real estate portfolio before I turned 40

  • @WhusUpYall
    @WhusUpYall 7 років тому +3

    32 people disliked this lol. 32 people who will never win while they point fingers at everyone else blaming them.

  • @marlock6573
    @marlock6573 10 років тому +9

    Yeah, Occupy was out there protesting "David."
    What a crock.

  • @chriswilson1968
    @chriswilson1968 6 років тому +2

    Some plumbers can actually make really good money. Especially commercial scale work they can make 35$-45$ n hour

    • @dannyalvarado3067
      @dannyalvarado3067 6 років тому +1

      Yea im making 38 currently and im just an apprentice

  • @kingfolk500
    @kingfolk500 4 роки тому +1

    Dave I'm a 23 year old plumber making 240$ an hour.....why are you so surprised at how much money tradesman make

    • @Joker-ux3jf
      @Joker-ux3jf 3 роки тому +3

      $24*

    • @taylorsmith9629
      @taylorsmith9629 2 роки тому

      How long did it take you to earn $24 an hour? Are you union or non union?

  • @geobros
    @geobros 8 років тому +32

    I can bet Dave won't be voting for Bernie lol

    • @Aliciabpd
      @Aliciabpd 8 років тому

      That's for sure! lol

    • @GentleBen02
      @GentleBen02 6 років тому +1

      He didn't vote for Bernie because he has a BRAIN! Something left wing liberals don't have. That's why they caused slavery, racial segregation, alcohol prohibition, off the chart high taxes, their "political correctness" which is why they promote such immorality. All liberalism. Everything God hates, liberals love such as abortion, homosexuality, cross dressing, gun control, dictatorship/communism. There's this commercial out called "Stand Up To Bullies." From what I've seen since Trump started his presidency, it's the LIBERALS that are the bullies!! It should be saying "Stand Up To Liberals."

  • @usacookie8288
    @usacookie8288 11 років тому +2

    Dave, Would you please have a program for old people who learned of you late in life. Is there any hope? How should we proceed?

  • @MrJiffyjiffy123
    @MrJiffyjiffy123 10 років тому +6

    You're a good man ..David retire and enjoy some of that money !

  • @Eleven-dk4be
    @Eleven-dk4be 7 років тому +3

    I'm 33 and in decent shape. I have been going to school and honestly I'm getting tired of it. Would I be to old to be a plumbers apprentice? Honest question?

    • @andrewbaldwin8482
      @andrewbaldwin8482 7 років тому +3

      Eleven 11 not at all!! I️ just started plumbing school and I’m 30! Keep your eyes on the prize!!

    • @Eleven-dk4be
      @Eleven-dk4be 7 років тому +1

      Hey man, I really appreciate your comment! God Bless

    • @billbob8517
      @billbob8517 6 років тому

      No, unless it wasn't a permanent career.

    • @ProdBySedo
      @ProdBySedo Рік тому

      @@andrewbaldwin8482 how it's going now bro?

  • @michaelbreaux2485
    @michaelbreaux2485 4 роки тому +2

    Best rant ever. Im workin to be like David. Geaux David!!!

  • @marcusbutron3924
    @marcusbutron3924 6 років тому +1

    Hats off to David. But I don't want to wait till I'm 70 to be a millionaire. And wants to wait till then to be wealthy ? No thanks

    • @PraiseReza
      @PraiseReza 6 років тому +1

      Marcus Butron if you invest properly and save you can make a lot of money as a plumber.

  • @Chee235
    @Chee235 9 років тому +8

    Is Dave Ramsey a libertarian? I like that :)

    • @MrJimmy3459
      @MrJimmy3459 9 років тому +2

      +mycaligurl He never outright says he's libertarian but he sure does sound like one. If only the idiots in Washington thought like him this country would be in a better place.

  • @TheRamseyShow
    @TheRamseyShow  8 років тому

    Stay up to date with the latest videos from The Dave Ramsey Show by subscribing!
    ua-cam.com/users/DaveRamseyShow

  • @nano545
    @nano545 9 років тому +3

    Doesn't take much plumber can do it anyone can do it it's all in discipline

  • @christieturner5567
    @christieturner5567 6 років тому

    that's right dave. cause when I clear my debt and get to keep my money, im definitely not gonna give it cause somebody thinks theyre entitled

  • @wickedleeloopy2115
    @wickedleeloopy2115 5 років тому +1

    If a plumber can become a millionaire , everyone with a degree should be billionaires
    Having said that , he is not just a plumber. He is an invester

    • @BarrettPlumbing
      @BarrettPlumbing Рік тому

      Bahahahahahaha so wasting 4 years of your life on a piece of paper that cost you $80k to get a job that makes you 50k a year when I earn 500k a year running my plumbing business means that you should become a billionaire because you were suckered into paying 80k plus interest for a piece of paper? This statement is hilarious

  • @dkeomany1
    @dkeomany1 10 років тому +6

    When I grow up I wanna b like DAVID THE PLUMBER! Lol

  • @cruciferousvegetable
    @cruciferousvegetable 6 років тому +3

    That's an interesting video title. I dont know many plumbers who are not millionaires by middle age. Electricians too.

    • @billbob8517
      @billbob8517 6 років тому

      My dad is 50 and has 1.75m as an electrician. With kids and a 1.2m house.

  • @millsathn
    @millsathn 4 роки тому

    The estate tax should take some of it. Absolutely. Anything over $300,000 should have around 15-20% tax applied to it.

  • @m00nboi
    @m00nboi 11 років тому

    Preach!! Loved this. I'm 27 and this (and more) is my goal

  • @del_84
    @del_84 10 років тому +3

    I'm a bit confused.. "that's HIS money" talking about the plumber. Watched a another video where Dave says it is Gods money and we are just stewards/managers.

    • @fritzyuio4375
      @fritzyuio4375 10 років тому +11

      dude, use your common sense..

    • @stormypropertiesspringfiel2566
      @stormypropertiesspringfiel2566 9 років тому +2

      del At first glace it may appear that Dave is not 100% consistent. However, I've listened to him since 2008, taken two of his classes, and read three books he's authored. He is absolutely consistent.
      If you really desire to learn more about what Dave's teaching, I encourage you to invest a little more time and listen to 5 - 6 of his shows in their entirety (free on his website), or read any one of his books (free at your local library or available used on Amazon for $3 - $5), or take his class FPU (not free, but fairly inexpensive...about $100, which isn't much considering the value of the content). You'll see there's nothing confusing, hypocritical, or contradictory about his teachings. The only reason you are confused is you haven't seen the whole picture. And he's pretty entertaining, which makes him easier to listen to than 99% of the financial gurus out there.
      Imagine a person with only basic skills trying to put together a car from parts after having only read the first 3 chapters of a Hayes auto repair manual. That's the situation you're in right now. Of course, it doesn't make sense. A more thorough education is required, and I can testify it is absolutely worth every second and $1 you devote to it.
      If you're not willing to invest the time and effort, then you'll probably continue to think Dave is inconsistent. But in the interest of helping out, I present a summary of Dave's beliefs, which are also my beliefs:
      We believe in the Judea-Christian God who created the world and everything in it. Therefore, all things--including money--belongs to God. It's God's money. We also believes what the Bible teaches about God entrusting his money to people to manage wisely for him, similar to how a wealthy person might trust an asset manager to invest money wisely on his behalf. Therefore, when we say "that's Joe's money, or Carol's money" he says it in the sense that no other human being on earth has a more legitimate claim over how that money should be used--saved, invested, spent, donated, etc. It IS God's money, given to Joe or Carol to manage. And we believe that Joe and Carol are held accountable to God for how well or how foolishly they manage that money.
      Where it gets confusing is when we use "short hand" to describe this relationship between God, money, and people. Dave could say, "that's God's money given to Joe or Carol"...but more often he just says "that's Joe's money or Carol's money." Both are true. Neither position contradictory if you understand the context in which we're talking. He also speaks like this to help people who do not believe in the Judeo-Christian God but who agree that the money a person has should be his or hers to do with as they please--to spend, save, give, or invest. In this way, Dave reaches out to those who do not share his religious beliefs and might be turned off of his wise advice simply because they don't like being beaten over the head with "it's God's money". He trusts those of us who share his religious views to understand the context from having been trained in the church. We automatically insert the "it's God's money for me to manage" into the equation.
      I hope that makes sense, and I really do hope you take the time to learn more about what Dave teaches. It's awesome stuff!

  • @TheTedgraham
    @TheTedgraham 10 років тому +2

    some skilled labor positions make quite a bit of money which makes it easier to invest and become financially independent.

    • @bighands69
      @bighands69 9 років тому +1

      Ted Graham
      No It is just discipline.
      Every family should have the ability to put away 2000 a month if they really pushed them self.

    • @TheTedgraham
      @TheTedgraham 9 років тому

      That would be impossible on my wages

    • @EnProto
      @EnProto 9 років тому

      +bighands69 you're absolutely deluded if you think the average American family can "put away 2000 a month" do you realize how many families live paycheck to paycheck? for christ sake after taxes I only make 1800/month....

  • @JustMe-go7nr
    @JustMe-go7nr 7 років тому +3

    So the guy is 72 and has 1.8 million in savings. Collecting social security no doubt. Unless his intent is to leave money to heirs, he probably saved *too much*.

  • @GloriousGod777
    @GloriousGod777 Рік тому

    Love you Dave Ramsey! You're awesome brother!

  • @ew0054
    @ew0054 10 років тому

    this is a real eye opener thank you

  • @LetsssGooooooooo
    @LetsssGooooooooo 3 роки тому +1

    Ummm....plumbers make good money Dave. Didn't you know that???

  • @Allintn22
    @Allintn22 2 роки тому

    I dropped out of school at 15 I'm 36 now I've been plumbing the entire time I make over 100k a year

  • @mamafylees3344
    @mamafylees3344 9 років тому +2

    Can you talk more in how Daivid did what he did, and would present more living exsamples like David and yourself. Would love to hear their stories...

    • @bayareamom1753
      @bayareamom1753 8 років тому +1

      +Mama Fylees
      totally agree. dave ramsey needs to go in detail about what mutual funds or whatever. not just say, safe /invest $100 a month and you can become a millionaire by the age of such and such.

    • @ittakesavillage5461
      @ittakesavillage5461 6 років тому

      bayareamom read the book retire inspired. Dave talks about it all the time!

    • @ittakesavillage5461
      @ittakesavillage5461 6 років тому

      Mama Fylees read the book retire inspired. Dave promotes it all the time.

  • @natashaslife5333
    @natashaslife5333 11 років тому +2

    Not everyone makes 70k I would love to see average 50k say the same

    • @orion3706
      @orion3706 5 років тому

      he had a phone call from someone who averaged about 40,000/yr, and became a millionaire. It's on UA-cam if you can find it.

  • @JesusCervantes-vl4mb
    @JesusCervantes-vl4mb 3 роки тому +3

    They make good money 💰

  • @greyturnips18
    @greyturnips18 7 років тому +3

    Dave goes out of his way to not understand simple concepts

  • @Plumber1111
    @Plumber1111 4 роки тому

    Been a plumber since I was 12, dad is a union plumber. I not in the union by choice, but I am not tied down by rules.
    I'm still an apprentice, but make 17$ an hour.

  • @NANGSGARAGE
    @NANGSGARAGE 7 років тому

    Napoleon Hill taught him well for sure!

  • @msparkz11
    @msparkz11 10 років тому +1

    Say it as it is Dave !!!

  • @thejoeyd9207
    @thejoeyd9207 3 роки тому

    Great segment

  • @dennislabrecque3725
    @dennislabrecque3725 11 років тому +1

    Love this video!

  • @416-b6z
    @416-b6z 6 років тому +3

    Its not about just working hard, its about working hard and smart. There are plenty of people working 2/3 jobs and still cant afford to survive. This David guy is a horrible example of "if he can then everyone can" because being a plumber is a skilled trade, they are paid well. Also when people are calling for the rich to pay more in taxes they aren't refferring to the guy making 70k a year they are talking about the CEOs in these big corporations who are sitting around hoarding billions.

  • @LoansharkCom
    @LoansharkCom 10 років тому +2

    Great advice

  • @jdstep97
    @jdstep97 10 років тому +3

    I don't have a problems with guys like David, but it's the CEO who don't really do anything, or the Directors of non-profits who makes millions of dollars, and you don't know why. Many of them work hard but a lot of them do not. They give themselves lots of bonuses while others are doing the real work.

    • @stormypropertiesspringfiel2566
      @stormypropertiesspringfiel2566 9 років тому +11

      jdstep97 So....CEOs are worthless trash who do nothing and get paid too much? Let's test your theory.
      Find a medium or large company (at least 100 employees) and ask them to hire you. Offer to take the job for 50% less of the current CEO's salary. If you are correct that CEOs provide no value, then the company should hire you on the spot because--after all--it doesn't take any knowledge of industry or critical thought to run the place and you'll be saving them a pile of money for sitting in the office chair doing nothing, and you'll do it cheaper than the current do-nothing CEO. Right? That's what you just said.
      If you get hired, come on back here and post the name and phone of the company so we can verify, and we can all agree with you that CEOs are overpaid do-nothings.
      Or, save yourself the time and admit that you have no clue what you're talking about when it comes to CEOs.
      I'm not holding my breath for either event to occur...not from someone who posts anonymously.

  • @twint1pper
    @twint1pper 11 років тому +1

    So having more money makes you a better person? Why is everything about money all the sudden?

    • @matthewsmith6546
      @matthewsmith6546 7 років тому

      twint1pper because your good nature won't pay your light bill

  • @chrisbaker2669
    @chrisbaker2669 7 років тому +2

    Did you know that 96% being in a stock index fund has better return than a mutual fund?

  • @HornetUK1
    @HornetUK1 6 років тому

    they are not helping or really allowing young people to become Plumbers today unless your dad is a plumber and carriers you. not here in the uk anyways

  • @planBdeveloper
    @planBdeveloper 11 років тому +2

    Is $1.8 million enough?

  • @Jumperman12mac
    @Jumperman12mac 3 роки тому

    I think it would interesting if there was a person working two minimum wage jobs and became an millionaire

    • @taylorsmith9629
      @taylorsmith9629 2 роки тому

      Impossible unless you literally live rent free with money and daddy and invest everything

  • @HarrisWaterandSewer
    @HarrisWaterandSewer 3 роки тому

    Nice one!

  • @PureToneMusic
    @PureToneMusic 3 роки тому

    What mutual funds should I be looking at investing in? I have retirement, stocks, savings, and want to get into a reliable long term strategy.

  • @chau0810
    @chau0810 2 роки тому +1

    Lol the title is rude to all plumbers out there. Great vid nevertheless

  • @brianmcg321
    @brianmcg321 3 роки тому

    He didn't get that interest rate prediction right.

  • @MegaSunshineyday
    @MegaSunshineyday 7 років тому +1

    Who's trying to take David's money?

  • @livefreeordie5769
    @livefreeordie5769 2 роки тому

    The Chief Coin 🪙

  • @masterchief8855
    @masterchief8855 10 років тому +1

    LOVE IT!

  • @Bak3dB3an
    @Bak3dB3an 10 років тому +1

    what is an anuity?

  • @Buffalogirl98
    @Buffalogirl98 11 років тому

    50 K over the same period of time could have a million.

  • @camgibson5238
    @camgibson5238 4 роки тому

    The title is stated as if plumber don’t make GREAT money ...

  • @ytSuns26
    @ytSuns26 6 років тому

    Era ca and do steak thousands per week from customers, no problem. Easy to become a millionaire when you are a thief.

  • @deewheeler7
    @deewheeler7 8 років тому

    sound too low on caller

    • @deewheeler7
      @deewheeler7 8 років тому

      I checked it. I wouldn't want to miss out on any of your videos. They have helped me so much. : )