The Full Story Of Dave Ramsey | Inside the $700 Million Dollar Empire
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- Опубліковано 3 вер 2022
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Thanks for letting us be a part of The Iced Coffee Hour! It was an honor to be with you guys.
🙌🏾 great collab!!
Thanks for the great episode!
We loved listening to this! So good
Great work. Been listening to both of your shows and you are definitely doing something great for Americans
Tell Dave I said hi
This is the side of Dave that no one fully understands. This podcast cleared up decades of small controversy and at same time showed how technically intelligent Dave is. Such a great series Graham. You met the mentors. Your future is past the moon
It's weird so many don't realize it, I think his religious attacks make people ignore a lot of the facts and truths he teaches
@@jtowensbyiii6018 exactly in 5 min he just gave a whole econ/finance class with terms and calculations
He has terrible advice.
@@gervas4935 dave?
Yeah he did have a lot sharper stuff to say than he does on the calls. But on the calls I think he intentionally wants to be as straight-forward as possible and really try to emotionally connect with the caller rather than flex on how much he knows, here he's talking to guys who could run him over if he isn't more on his A game.
Started working Dave’s plan in January of 2018. My net worth was about -$13,000. Almost 5 years later and my net worth is just under $324,000. Working on paying my house off early now. I’m 26. If you guys are on the fence about Dave’s plan, I can assure you that you won’t regret it. It’s changed my life.
Well done. Good job
How are you creating that kind of cash flow in such a short period of time??
@@-mm-4434 i was gifted land which is where about $130k of the net worth came from. The other $200k was me just earning $50k up to about 100k throughout the 5 years after getting married and combining incomes.
My assets breakdown is below:
Real estate: 380,000
Roth IRA: 18,300
401k: 18,200
HSA: 11,600
Other: 50,000
E Fund: 20,000
Cars: 10,000
My mortgage is $181k left.
I haven’t done anything crazy, just followed Dave’s plan mostly.
@@Anon62796 congrats man, what a ride. And you're just in the beginning!
Current calculated yearly salary of the podcast: $150,075.85. If the podcast was someone working a 40 hour week every week it would be making $72.15 per hour. That also translates to $17.13 of passive income every hour! Super hyped for this episode!!
Thank you!! Hope you enjoy it!
Assuming a 40 hour work week and 2 weeks off
@@The6Foot4Asian Media business, there is no 2 weeks off
How is it passive income when they’re filling weekly?
@@KeemPark More like semi passive. They do weekly podcasts but their older ones will continue to trickle in more views over time leading to it being passive income.
Hearing Graham praise Dave Ramsey for his passion of finance and real estate over the past couple years makes me really happy to see this finally happen!!!👍👍👍
:)
Graham is showing a lot of maturity in the questions he was asking and listened to (faith, family, etc). Really enjoyed this podcast (best one thusfar). Dave is such an incredible, authentic, genuine person and I'm glad you sat down with him.
Dave is real. He is authentically himself whether you like him or not.
Man, this is absolutely incredible!
Your channel is too sir
I’m just starting the video, but Dave Ramsey literally changed my life, I’m so grateful for his teachings! I went to his studio and did my debt free scream in July of 2020, and I have terrible stage fright 🤣 but it was a wonderful experience! Back to the interview but thank you so much for sharing 😊
Congratulations!
@@TheIcedCoffeeHour thank you so much!! 😊
4, 5, 6 now?
41:07 - when he said "I'm a better leader. I used to be a boss." That is some real leadership self awareness. 👍👍👍
It would be an easy win for a video if Graham made one talking about how he has changed his views since having this time with Dave, what hasn't changed, etc. The talk about risk is so interesting, and imagine Graham has reflected and thought about that discussion. Just sharing his "reaction" or "responding" to Dave Ramsay would be very interesting!
That's actually two video ideas 😅
Yeah a reaction video in a week or so with reflections and thoughts from the interview on his reaction channel would be awesome. (Also being able to milk extra views :D) but this interview was awesome.
Also a behind the scenes video where he walk-around the Ramsey place talking to people and employees would be awesome. It is a whole house with people interested in personal finance.
that would be a good topic for the midweek ich episode.
Graham is a fan of Dave Ramsey’s persona and accomplishments, not his financial advice.
Graham knows Dave’s financial advice is bad for anyone who isn’t in a mountain of debt or financially irresponsible. He will change nothing about his approach (and he shouldn’t), although he almost definitely will find little nuggets to extract and make content out of - probably all related to business and branding.
@@Maliksamuels33 I don't agree. Daves advice is excellent for the broad masses and he do have a track record to prove it. You can probably not find anyone whos advice has created more millionaires then Dave.
For the general public not interested in finance his advice works.
If you're part of the group who is allready frugal, never take loans and invest more then you spend every month. Well then his advice is not the best to maximize profit.
His baby steps dont just focus on math but also behavior (which is what most people need). But if you already have the behavior then other strategies that only focus on the math works better.
Ex me. I never had a credit card or consumer debt. I "only" have a student loan at 3000€ at 0% interest and a houseloan at 1.03% interest. I also do everything to maximize my after tax income and invest well above 60% of my income.
So for me mathematically it's a lot more effective to invest at a 8% return then to pay off a 1% loan. So I know Dave is not most effective for me.
But someone who is not as frugal and would spend it rather then save (like most people) paying of the loans even the low interest makes more sense :)
Also few people have made more people interested in personal finance compared to Dave. I found Dave first. He made me interested and then I did more research and found others that fits me better, since my goal is FIRE. :)
I need to watch this. I discovered Dave two years ago and haven't taken a day off since. We paid off about $400K in debt, half of which being our home. On top of this my faith and generosity have grown immeasurably. He quite literally changed my life and the lives that my kids and grandkids will get to live.
Holy cow! How did you manage to pay off that much debt!?
@@-mm-4434 I left my corporate job to help my boyfriend run his two small businesses and God blessed us with two great years of income, we dumped it all on tithing, groceries, bills, and our debt and mortgage! There is no secret sauce - our last weekend off was in February of 2020, but the sacrifice was so worth it. We are now in our late 20s and in BS7 and will never touch debt again
This isn’t a podcast about Dave or Debt. This is a podcast about life and starting and running a business well. Thank you!
Dave Ramsey needs to do more long form podcasts. There's so much more to him than he can show in a 5 minute phone call. Glad someone finally asked him about keeping money in the bank on their personal residence and I appreciate that Dave's answer was so direct and well elaborated on. Like Jack, I'd never heard him give his opinion on it. Dave helped me graduate debt free and I'll forever sing his praises.
I am not a finance expert, I watch this podcast and the main channel to be more educated on the finances of todays world but this was really heartwarming. I applaud Graham for staying neutral and asking Dave's opinion on religion. Huge respect for not making it an argument. I can see you look up to him even if your beliefs don't line up perfectly. I am a Christian and fully agree with Dave's points he brought up. Anyway, huge respect to both of yall, its hard to find people that genuinely love collaborating with others and I appreciate it.
@@IamGrimalkin I am not sure, if you've seen/heard send me the link I'd love to watch or look at it. Based off his view on relationships I personally doubt it but there could be a missing piece in my head canon for lack of a better word.
Every episode I ask myself, “How are they going to top this guest?” Well, I think they finally reached the mountain peak.
Dave Ramsey team did a fabulous job mimicking your studio in law Vegas. For a minute I thought Dave Ramsey went out there to visit you. Great interview Graham.
I thought the same!!
Congrats to Graham & the Iced Coffee podcast team. I started as a Ramsey follower in 2018, got out of debt and then found Graham’s channel. It’s really neat to see Graham making this happen and it going full circle for me
Full circle moment guys .. So Proud ❤️ You guys are awesome and a huge inspiration 💯 Keep them coming ! 🔥
Pretty amazing graham and jack. So proud of you guys to have this financial titan on your show. This is so full circle for me. I started with Dave years ago and found you and loved you and watched all of your content for years now.
Its so cool to see you interacting with Ramsey like this. Lots of people in this field look up to him and what he has built but so few get acknowledged or get to host him like this. Great work guys!
Congratulations Graham! This was the most professional episode of the Iced Coffee Hour that I have ever watched!
My parents have been listening to Dave Ramsey for 10+ years. When I moved out 2 years ago I started listening to Graham and been obsessed since. So cool you to see you guys chatting in the same room.
I got out of debt and stayed financially healthy during the pandemic thanks to Dave - I will always be grateful to him and his team. Good people with generous souls. Love his programs, sermons and interviews.
This is one of the best guest any podcast has had. I’ve been waiting for years for a big podcaster to have Dave on. Much respect to both of you!
Grahams method makes mathematical sense.
Ramseys method feels right in my gut.
I’m so glad that the two of them are spending more time together because I am torn between two financial geniuses.
I’m graham method now but when I turn 50 and had a chance to accumulate more money and returns on investment over 20 years I will turn more to Dave’s method and pay off my house
Right- absolutely. The world comes full circle with this interview!
Exactly, same here. I have three leveraged rental properties and it has me reflecting pretty strongly.
You could meet in the middle of sorts and go with what Thach Nguyen says.
Basically pick a number of cash flow/mo you want. Get the properties that, when they’re paid off, will give you that cash flow, then pay them off.
Let’s say it’s 25K/mo you want. Get into 10 properties that has rents of 2500/mo. Then aggressively pay them off ASAP. Then you have options. Just an idea.
@@vee9043 o
4 years ago I finished my undergrad and came across both Graham and Dave's channel. Having immediate interest in their content, I vowed that I would make it into high finance. I got a Masters' in Finance and 3 days ago, I started working as a Financial Analyst for a Wealth Management company. My knowledge on personal finance has also increased significantly and will continue to do so. I just want to say a massive thanks to both these guys for changing my life for the better!
Nice !! I’m halfway there! Mind telling us your salary?
This is awesome Grahm, super happy for you!
Seriously one of the most polished “iced coffee hours” I’ve watched. And I’ve seen them all. Nice job guys. That’s what I’m talking about! Ya’ll were prepared!
This collab is so epic. Brb going to buy a life sized cut out of my hero so I can manifest a podcast with them like Graham did.
:)
Finally super excited about this podcast growing and getting better and better
awesome!
Love this collaboration! I started listening to Dave on the radio over 15 years ago. His teaching really helped our family. I am looking forward to doing his homeschool high school curriculum with our kids this year!
Awesome Graham!!! I love seeing two people who can disagree on some finance things and still have a great conversation!!
Amazing collab!
I love you both .Glad you both got together for this interview
This was awesome! I watch the both of you all. I am glad that the collaboration happened.
Haven’t had a chance to watch this yet but wanted to drop by and say congrats Graham!! I know it’s been a long-standing goal to get Dave on the podcast, I’m so glad you were able to!!!
I’m so mind blown that your dream has came true!! This is such a big step for you graham, so happy for you and jack ❤️❤️
Fantastic episode! The best interview hands down. Dave Ramsey is a down to earth guy and very inspiring.
The logic behind the philosophy! Thanks for allowing Dave the time to air it all out - really enjoyed!
Great conversation, guys. Appreciate this one too.
Appreciate yall putting in the work to provide awesome content!
Good to see Dave and Graham hanging out together...cool interview!
Awesome! So happy for you Graham!
Thanks for the honesty, Dave. Enjoyed your content for YEARS
This makes my heart so happy. Dave Ramsey's program has changed the lives of my family. I basically started following both Graham and Dave on YT at the same exact time back about 6 years ago and each of you have been so insightful to the financial literacy of my wife and I. Just started the podcast now - I cannot wait!!! What a collab.
Lil durk can have the trenches frfr🙄Bro, I’m 20 years old & mexican , grinding hard to get out the hood, I can’t be 30 with nothing to show for so i smoke weed on my youtube channel smhh bro😅
Great job Graham and Jack!!! Dave is the Best!
Excellent content, mega-collab. thanks for dropping this.
Loved this conversation!
Honestly I’d love to listen to an entire podcast with Graham and Dave working together. They would have very different viewpoints on stuff, but I think it would make for some great content!
Some really good takeaways for me:
1. Ramsey used content marketing to get started. I need to see what radio shows and podcasts I'm overlooking.
2. The 2 year hustle. It's so scary to take that time from family to get critical mass. But it seems like that is very necessary to win.
Agree spend a few years when you are young and live on nothing and just save/invest really pay off.
If you have one person who invest 1000 a month between the age of 20-30 and then never incest one penny more.
Then you have one person who starts to invest at 30 and continue to 60. (Also 1000)
They will have the same amount of money at 60 even one invested 12 000 and the otherone 36 00. The interest on interest is so powerful.
Amazing podcast! Really enjoyed every second of it! Thanks Jack and Graham!
Thank You! I've been waiting for this interview.
Dave’s financial teachings have changed my life! Thank you for having him on the show. I love the questions you asked him. This was a wonderful interview.
I have been waiting for this epic meeting of the minds for 3 years now. It did not disappoint!!!
Such an awesome Iced Coffee Hour. Loved the commentary. Great job guys
Great to see you guys with Dave. Do it some more!
This is crazy. My two favorite finance people in one video
Thanks for introducing Dave. I heard his name a lot from your videos over the years, but did not know his life story. Fascinating.
Enjoyed this a lot. It helped a bit more with my clarity regarding Dave’s perspective and you Graham. I loved how he respected you both as well as how close you both are in views.
Amazing interview !!
I was waiting for this once I saw you in the Ramsey show lol. I was like oh there better be some more collabs coming up. I like the way jack brought up the debt at the end, and Dave gave a good explanation too. You all have great points
Congrats on getting him on your show! Must have been surreal.
😍 love Dave! Thanks for the interview!!
This is amazing! Thank you to both Graham and Ramsey!
Hands down best guest you’ve ever had! So cool that Dave did this!!
I’ve had the pleasure of meeting with Dave a few times back in the early 2000s before he was super big. He even gave me and my biz partners a personal tour of the office back then which was over behind the mall.
20 years later, following his advice turned me into a debt free millionaire. So I’ll say his stuff works. Plus the relief that comes from not having had any payments in quite some time is so freeing.
I found Graham last year and have enjoyed his shows! This was a great interview and discussion.
Best episode by far. Awesome to see the progress you guys are making.
I really enjoyed this. Such an incredible conversation and I love hearing Dave Ramsey and Graham together.
Loved the podcast. The 4 of you are awesome. ♥️
I LOVE Dave Ramsey. Listening to his podcast helped me pay off all my student debt, pay cash for grad school and start investing. This was an amazing cross over!
This was great! Fun to see Dave in a long form conversation like this.
Great video, thank you all for the content...
What a great episode!
Didn’t totally drink the kool-aid and eat rice and beans but Dave Ramsey and the Total Money Makeover got me out of debt and I was able to buy my house in 2006 with a horrible credit score using one of his qualified sponsors using manual underwriting. THANKS DAVE!!!
Great interview. I enjoy watching both of your shows.🙂
Loved this interview. It was cool to see Graham talk to someone he has so much respect for.
OMG...I love this! I just saw Graham as a guest on Dave's show, too.
The most ambitious crossover of 2022! Love it!
Really great conversation. Well done!
This is such an awesome collab!
HUGE congratulations! Dave is the man, that's awesome
thanks!
Dave Ramsey helped me and my family get out Out of debt
I love love the back drop... So serious its takes me in. I love dave Ramsay n Gramhn love that u got him on ur podcast. Good job man
Two financial advice powerhouses together! Great interview
I have personally met Dave in my life! A man like him, will walk out from his studio and take a photo ops with a normal guy, and I just gotta say he’s awesome from top to the bottom! He’s a real person and worth every penny he earned!
I can't watch this right now but I can't wait for when I can. I hope you guys are doing good.
Enjoy!!
Hands down my favorite episode so far !!! Great job guys
Such a great discussion! So cool that this could happen.
Only older folks will get the Darryl and his other brother Darryl joke. LOL whoooosh right over Jack and Grahams head LOL
A historical episode, congratulations guys! 📈📈
Great interview ! You asked Dave questions I have always wondered myself ! Great work !
Congrats guys. Been watching you since the beginning. This was a big episode to land. Glad you got to meet one of your idols.
congrats guys!
Thanks for watching!
I've been looking forward to this.
Great episode Graham!
Amazing show. I could listen to the four of you talk for days.
One of the rare episodes where they didn't interrupt the guest lol great watch still!
Quality content
Love this collaboration! I've been a fan of Dave Ramsey and Graham for so long.
Favorite video from Graham and Dave on UA-cam!