If a plumber can become a millionaire, so can you!
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- Опубліковано 8 жов 2013
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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
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?
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.
Matthew Smith Nice. So whats the difference between plumbers, pipe fitters and pipe layers since plumbers can do those 2 jobs as well?
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
sTEADYONE67 and pipe layers do underground only
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
Almost everyone not knowingly grows up thinking plumbers are the bottom of the barrel of the skilled trades. Absolutely wrong.
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 😂
electricians are the bottom of the barrel of the skilled trades
@@leslie7872 Lol, you re so wrong
My average income was $50,000.00.I am also a member of the millionaires club.The starting point of all achievement is desire.........
Everyone wants the 1.8 million now. But this guy is proof that almost anyone can get it in the long haul.
Win the lottery? Dave Ramsey sells crock pots. Not microwaves.
Pure Awesomeness!angelddaz
complaint is poverty and gratitude is riches. If you are happy with having nothing but the clothes on your back and the food you are eating, you will save up 1.8 million in no time
Nice to hear some young folks saying that they are saving. I'm a 42 year old plumber and have been saving since I was in my early twenties. I don't even have a quarter of this wealth but I'm working on it.
How's it going?
It cracks me up how people say Dave Ramsey is an idiot when he’s kind of a genius. If I’m lucky some of his genius will absorb in my brain
My brother is a plumber. Back in 2008 he almost lost the family farm, was unemployed and couldnt find work. He was eating great value oatmeal, tuna and cleaning houses with me. Now he's 40, the farm is worth 800,000, he just built a new house, 3 paid for muscle cars, 2 paid for dodge srt trucks but would rather drive a 20 yr old escalade with 300k miles on it. Hard work pays off.
Does he own his own company or is he just a plumber?
I love men like David. Worked hard his whole life and retires a millionaire. Great job, David!
I've been a truck driver since I'm 22 .I'm turning 29 next month and I have 138000$ saved up. I think it's time for me to go to plumbing school! ;)
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.
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
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.
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.
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
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.
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 ...
In Ny that’s not that great
Alpha Male Strategies - AMS Because you have a higher cost of living.
If a plumber CAN'T become a millionaire, who can?
Plumbers make $35-70 an hour
@@michaelh9251 in most areas. Not a bad job!
@@michaelh9251 in the UK electricians make like £96 an hr
I know several plumbers and they all make very good pay around here... of course they own their own companies too
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.
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
Yes there is way lol. Im an apprentice making 79 an hr. So i know plumbers amking 130 an hr or more
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.
Im a union worker in the sf bay area and yes here apprentices here make 100k a year easily. I made 70ish this year
Emerson Alvarado And working hard for every penny.
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.
Still a plumber? If so, how’s it going?!
How much more have you made since then
@@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!
I love Dave Ramsey - no holds barred - speaks his mind!!
5:45 gets very good, Dave's commentary, I appreciate this
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 :)
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.
Are you union or non union? Do you specialize in commercial or non commercial?
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.
Same here,17
You're 26 now, how's it going so far?
I could cry listening to this story . This is amazing!!!!
Of course a plumber can be a millionaire, ever hired one?
I meant that as lighthearted fun...
G N 🤣🤣🤣🤣🤣 You’re absolutely correct!!!!!
😂😂
Love this comment lol skilled labour isn't cheap!
1.8 million doesn't mean you go out and buy a 1.8 million dollar house.
“Earl Nightingale and Napoleon Hill taught me well.” I agree, The Strangest Secret...
What a great example of what smart money management can do, thank you for sharing!
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.
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
Why don’t you work? Why does he have to support everyone?
Taylor, I don't work because my job is at home with the babies. Have a blessed day ❤
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.
Exactly lol. When they say even plumbers. Lol plumber make more than people with high degrees
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"
plumbers and electricians can make 100k a year no problem...more if you are union.
and HVAC techs as well
working shlub depending on location and if there is a lot of work available...
im up here in the northeast...decent pay up here.
Great job David!!! I am pushing forward as well. It can be done! It WILL be done!
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.
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
If people would pay off their mortgages and use that money to save for retirement, more people would be able to retire.
Beautifully said Dave!
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.
this is a real eye opener thank you
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?
Best rant ever. Im workin to be like David. Geaux David!!!
Dave the plumber's money would not be redistributed. His income is not high enough.
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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
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
that millionaire pluber didn't give a investment advice to 26 or 28 year old. I kinda got annoyed
$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.
Milk is $7.00 a gallon in New York
It's $3.50 here in Texas
jranfone it's $.99 here in ohio
Love you Dave Ramsey! You're awesome brother!
Preach!! Loved this. I'm 27 and this (and more) is my goal
I'm 28! My income is about 23-25k. Have a TSP with about 8k in it. I hope I can become this guy.
When I grow up I wanna b like DAVID THE PLUMBER! Lol
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
Yeah, Occupy was out there protesting "David."
What a crock.
The estate tax should take some of it. Absolutely. Anything over $300,000 should have around 15-20% tax applied to it.
Love this video!
some skilled labor positions make quite a bit of money which makes it easier to invest and become financially independent.
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.
That would be impossible on my wages
+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....
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...
+Mama Fylees
totally agree. dave ramsey needs to go in detail about what mutual funds or whatever. not just say, safe /invest $100 a month and you can become a millionaire by the age of such and such.
bayareamom read the book retire inspired. Dave talks about it all the time!
Mama Fylees read the book retire inspired. Dave promotes it all the time.
Great advice
Plumbers make great money.
You're a good man ..David retire and enjoy some of that money !
32 people disliked this lol. 32 people who will never win while they point fingers at everyone else blaming them.
Socialists smh
Some plumbers can actually make really good money. Especially commercial scale work they can make 35$-45$ n hour
Yea im making 38 currently and im just an apprentice
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
Wow, do you have any tips for an 18 year old like me looking to maybe get into that?
@@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.
Plumbers make a ton of money. I believe many plumbers make over 6 figures.
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?
5 STARS
I can bet Dave won't be voting for Bernie lol
That's for sure! lol
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."
That's an interesting video title. I dont know many plumbers who are not millionaires by middle age. Electricians too.
My dad is 50 and has 1.75m as an electrician. With kids and a 1.2m house.
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?
Eleven 11 not at all!! I️ just started plumbing school and I’m 30! Keep your eyes on the prize!!
Hey man, I really appreciate your comment! God Bless
No, unless it wasn't a permanent career.
@@andrewbaldwin8482 how it's going now bro?
Great segment
Doesn't take much plumber can do it anyone can do it it's all in discipline
Is Dave Ramsey a libertarian? I like that :)
+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.
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.
Say it as it is Dave !!!
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
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.
Amazing
I dropped out of school at 15 I'm 36 now I've been plumbing the entire time I make over 100k a year
Are index funds much safer than mutual funds, or not?
Index funds are mutual funds
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.
what is an anuity?
Dave I'm a 23 year old plumber making 240$ an hour.....why are you so surprised at how much money tradesman make
$24*
How long did it take you to earn $24 an hour? Are you union or non union?
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
They make good money 💰
I thought plumbers made over 150k a year.
Some do
Napoleon Hill taught him well for sure!
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.
dude, use your common sense..
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!
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*.
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
Marcus Butron if you invest properly and save you can make a lot of money as a plumber.
Not everyone makes 70k I would love to see average 50k say the same
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.
LOVE IT!
Is $1.8 million enough?
Nice one!
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
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
Dave goes out of his way to not understand simple concepts
hehe spot on!!:) its called theft:)
Agreed!
I wish I went to a trade school.
The Chief Coin 🪙
So having more money makes you a better person? Why is everything about money all the sudden?
twint1pper because your good nature won't pay your light bill
50 K over the same period of time could have a million.
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.
Did you know that 96% being in a stock index fund has better return than a mutual fund?
Ummm....plumbers make good money Dave. Didn't you know that???
I think it would interesting if there was a person working two minimum wage jobs and became an millionaire
Impossible unless you literally live rent free with money and daddy and invest everything
He didn't get that interest rate prediction right.
How? Interest rates just went up.
Why is he mumbling
sound too low on caller
I checked it. I wouldn't want to miss out on any of your videos. They have helped me so much. : )