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Millionaire Renee is crying because Dave Ramsey and crew put the fear of debt in her for no reason. Her new relationship is now struggling because of Dave Ramsey's one size fits all advice. AJ explains why she has nothing to fear and provides better advice than simply saying "Get out of debt at all costs."
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A lot of people want to separate you from your money. None are more devious than the giant increase of influencer money grabs. People like Grant Cardone, Tai Lopez, Dan Lok, and Jake Paul, are more than happy to take your money. But do they offer enough value to warrant the costs?
Note: I say "Jake Paul" a few times in this video but I meant to refer to his brother Logan.
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SHOUTOUTS AND RESOURCES:
1. @Coffeezilla
2. @REALPLSHOWN
3. @KitbogaShow
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00:00 Introduction
07:00 Multi-Level Marketing
09:30 Pump N Dump Crypto Scams
13:27 Guru/Influencer Scams
31:45 Surefire way to avoid scammers
33:51 The secret to building wealth
35:41 Conclusion
AJ and DC get together once again to talk about cash, like when to have it and when not to have it. Strategies to prevent spending and maximizing investments. They also cover what is currently happening with the recession, federal reserve and Sam Bankman-Fried. Lastly, they talk about what to think about for 2023!
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It finally happened! Dave Ramsey admits Real Estate debt is ok! The caller is struggling with what to do with her first and only rental property. AJ's answer is different from Dave's, however, Dave does agree with AJ!
The Wealthy Idiots Website:
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My new Family needed a new car that could fit everyone. The car market was at peak inflation prices. Checkout how I was able to get a BRAND NEW CAR for FREE!
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Dave Ramsey shoots down the callers dreams of starting AirBnBs (vacation rental) with terrible arguments. The caller is in the best position to start an AirBnB and see how it goes. AJ breaks down why the caller should try, why Dave Ramsey is wrong, and how this could setup the caller for financial peace.
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I've had trouble wrapping my head around whole life and infinite banking. So I'm starting my own company to see how much I can make from people who believe in this concept. I realized that I could skim millions from each whole life customer...so who's paying the millions?
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AJ and DC discuss todays top financial issues, the Looming Housing Crash of 2023, Christmas Shopping and the one of the biggest scandals to hit our time. The federal reserve announced that they believe housing prices to crash in 2023. People are planning to go into debt for Christmas this year and right before what could be the biggest economic recession since 2008. And the Wealthy Idiots explain what they think happened with the FTX scandal and how to protect ourselves for the future.
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00:00 Introduction
00:39 Federal Reserve Predicts a housing correction of more than 20%
14:00 2022 Holiday shopping and record consumer debt
23:08 Crypto Collapse, FTX, BlockFi
43:10 Conclusion
FTX collapsed and now BlockFi is filing for Chapter 11 bankruptcy. What is going with Blockfi, FTX and the crypto collapse? Does this mark the end of the Crypto wealth train?
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The caller is concerned that he is in the middle of Dave Ramsey's baby steps and he is losing traction. Dave Ramsey and team can't wait to ignore the question and contradict one of their most basic messages.
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From the publisher's feed
Here at The Wealthy Idiots, we believe everyone has the potential to take control of their own financial future. With the aid of our financial calculators and articles, you can realize your…