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Rich People Mostly Earned It ft. Dave Ramsey

The Babylon Bee Podcast

16,255 subscribers

120,997 görüntüleme • 2 yıl önce •via X (Twitter)

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The Babylon Bee Podcast profil fotoğrafı

The Babylon Bee Podcast2 yıl önce

Watch the interview:

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Ed Hansberry - MVP2 yıl önce

@DaveRamsey He has also said something to the effect that when wealth is passed down it is usually gone by the 3rd generation - it is extraordinarily rare to have "Rockerfeller" wealth that can/does last for more generations. So yeah, most wealthy got that way by working their butts off.

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Zoey (its free 😉)2 yıl önce

@TheBabylonBee @DaveRamsey The majority of current wealthy people didn’t inherent their wealth

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🤴🏽2 yıl önce

@DaveRamsey What a very out of touch conversation

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algebraismyfavoritemath2 yıl önce

@TheBabylonBee @DaveRamsey hey guys let’s take a strawman theory and devote a whole podcast to destroying it more like “most wealth is earned due to an unfair playing field” see: legacy admissions trust funds tax loopholes (e.g. carried interest) tax evasion lobbying DTJ admitting the system is unfair

Mentor of Arisia profil fotoğrafı

Mentor of Arisia2 yıl önce

@DaveRamsey I think this is where the discussion comes from. I just want more of my productivity returned to me in wages. I'm not a communist. You don't understand the objection of younger people who cannot build a life under the current system. @DaveRamsey is a boomer.

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JC2 yıl önce

@DaveRamsey "My parents didn't give me anything" Except for: A healthy lifestyle Opportunities to succeed Paid for my education Sports training Straight teeth A respected last name Introductions A debt free start All things that don't show up on a balance sheet which don't enter the convo

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Reboticon2 yıl önce

@DaveRamsey Yeah when you get rich off starting a 'company' that has never turned a profit but survived due to ZIRP environment and no real liability due to corporate structure for sole prop, you totally earned it

Think Harder profil fotoğrafı

Think Harder2 yıl önce

@TheBabylonBee @DaveRamsey but if you ignore the whole set of society where there's loopholes and old boys network where they 'fudge' a little here or there to get wealthy

Sprite profil fotoğrafı

Sprite2 yıl önce

@TheBabylonBee @DaveRamsey So what is it when millionaire or billionaire complains that it’s not fair?

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Dave Ramsey said he gets angry when people say the rich pay no taxes because, in his words, he’s rich and pays a lot of taxes. Hala Taha: I find myself, you know, thinking about taxes and making these decisions... Dave Ramsey: Oh, me too. Hala Taha: ...all the time. Dave Ramsey: I hate them. I get really angry at that time of year. It's really hard for me, I hate it. But I've never been able to... you know, this idea, it always makes me angry too when people say, "Oh, the rich pay no taxes." Well, I'm pretty rich, and I pay a lot of taxes, so I don't know who those people are. I haven't been able to get out of it.

Dave Ramsey said he gets angry when people say the rich pay no taxes because, in his words, he’s rich and pays a lot of taxes. Hala Taha: I find myself, you know, thinking about taxes and making these decisions... Dave Ramsey: Oh, me too. Hala Taha: ...all the time. Dave Ramsey: I hate them. I get really angry at that time of year. It's really hard for me, I hate it. But I've never been able to... you know, this idea, it always makes me angry too when people say, "Oh, the rich pay no taxes." Well, I'm pretty rich, and I pay a lot of taxes, so I don't know who those people are. I haven't been able to get out of it.

Ruzy.hl

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"The hardest people to convince to use common sense are the smart people." Dave Ramsey

"The hardest people to convince to use common sense are the smart people." Dave Ramsey

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CALLER: “Hi Dave, I just inherited $50,000,000 in cash and I don’t know what to do with it.” DAVE RAMSEY: “Who in the world left you $50,000,000?” CALLER: “My parents. My dad was into everything — real estate, car dealerships, private jets.” DAVE RAMSEY: “Okay… first thing. Don’t do anything rushed. Don’t touch it yet.” CALLER: “Really?” DAVE RAMSEY: “The people who have the most fun with money are the ones who give. Wealthy people who give are the ones who actually enjoy it.” A MAN INHERITED $50,000,000 IN CASH AND STILL CALLED DAVE RAMSEY FOR ADVICE. THAT’S EITHER THE SMARTEST THING OR THE MOST HUMBLE THING I’VE EVER HEARD.

CALLER: “Hi Dave, I just inherited $50,000,000 in cash and I don’t know what to do with it.” DAVE RAMSEY: “Who in the world left you $50,000,000?” CALLER: “My parents. My dad was into everything — real estate, car dealerships, private jets.” DAVE RAMSEY: “Okay… first thing. Don’t do anything rushed. Don’t touch it yet.” CALLER: “Really?” DAVE RAMSEY: “The people who have the most fun with money are the ones who give. Wealthy people who give are the ones who actually enjoy it.” A MAN INHERITED $50,000,000 IN CASH AND STILL CALLED DAVE RAMSEY FOR ADVICE. THAT’S EITHER THE SMARTEST THING OR THE MOST HUMBLE THING I’VE EVER HEARD.

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🔊 ... Dave Ramsey vs Millennials ... This guy commenting on Dave Ramsey's "advice" is hilarious. Boomer advice from Dave Ramsey does not seem at all welcome by the Millennial crowd. Is Dave Ramsey just obsolete at this point? His generation just doesn't understand the differences between then and now? Or is Dave Ramsey still relevant?

🔊 ... Dave Ramsey vs Millennials ... This guy commenting on Dave Ramsey's "advice" is hilarious. Boomer advice from Dave Ramsey does not seem at all welcome by the Millennial crowd. Is Dave Ramsey just obsolete at this point? His generation just doesn't understand the differences between then and now? Or is Dave Ramsey still relevant?

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Dave Ramsey describes a pivotal moment in his life when he went bankrupt and was ultimately led to God. Dave Ramsey

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He’s like the Vietnamese Dave Ramsey

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Zohran Mamdani makes his case for socialism and says that the wealth earned by rich people will be “felt in the pockets” of poor people. Mamdani is talking about stealing money from people who earned it. Have fun with that NYC.

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DAVE RAMSEY SHOW FLIPS STANCE ON BITCOIN After fading BTC since 2014, it finally appears that The Dave Ramsey Show has now begun to soften its stance on Bitcoin.👇 “Bitcoin has arrived and it’s here to stay….It should be a part of a diversified strategy”

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Dave: "They probably want the people to think that Bron has earned it by losing first." Bryan: "I know exactly what you mean and it's stupid."

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You are SO RICH TJ Watt 😂😂 YOU EARNED IT #PMSLive

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Caller: “My daughters just graduated college. We used student loans to get them through. We’ve got about $180K left on our mortgage, and I’ve got a brokerage account with about $200K in it. My wife and I are thinking… should we just cash it out, clear the $125K student loans, and put the rest toward the mortgage?” Dave Ramsey: “How much student loan debt are we talking?” Caller: “About $125K total, between two kids.” Dave Ramsey: “And you’ve got $200K sitting in the brokerage account?” Caller: “Yes.” Dave Ramsey: “Yeah… I’d liquidate that today.” Dave Ramsey: “You don’t have $200K invested while carrying $125K in debt. That doesn’t make sense.” Caller: “So you’d pay it all off?” Dave Ramsey: “Absolutely. You’d be debt-free except the house.” Dave Ramsey: “Then you rebuild properly. Emergency fund first, then attack the mortgage. But you don’t keep borrowing money at one rate while trying to invest at another. That spread you think you’re making… it’s not worth the risk.”

Caller: “My daughters just graduated college. We used student loans to get them through. We’ve got about $180K left on our mortgage, and I’ve got a brokerage account with about $200K in it. My wife and I are thinking… should we just cash it out, clear the $125K student loans, and put the rest toward the mortgage?” Dave Ramsey: “How much student loan debt are we talking?” Caller: “About $125K total, between two kids.” Dave Ramsey: “And you’ve got $200K sitting in the brokerage account?” Caller: “Yes.” Dave Ramsey: “Yeah… I’d liquidate that today.” Dave Ramsey: “You don’t have $200K invested while carrying $125K in debt. That doesn’t make sense.” Caller: “So you’d pay it all off?” Dave Ramsey: “Absolutely. You’d be debt-free except the house.” Dave Ramsey: “Then you rebuild properly. Emergency fund first, then attack the mortgage. But you don’t keep borrowing money at one rate while trying to invest at another. That spread you think you’re making… it’s not worth the risk.”

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