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Making mistakes and learning from them is crucial to winning.
Dave Ramsey
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Dave Ramsey
Age: 64
Born: 1960
Born: September 3
Author
Motivational Speaker
Radio Personality
Antioch
Tennessee
Learning
Mistake
Winning
Making
Crucial
Mistakes
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Work-get paid don't work-don't get paid. Everybody is on commission
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Without a mission statement, you may get to the top of the ladder and then realize it was leaning against the wrong building!
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Financial peace isn't the acquisition of stuff. It's learning to live on less than you make, so you can give money back and have money to invest. You can't win until you do this.
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Knock out a small debt first so you get a quick win. Momentum is key.
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After losing everything, I went on a quest to find out how money really works, how I could get control of it, and how I could have confidence in handling it.
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You cannot lead without passion. Passion causes things to move, and passion creates a force multiplier. Passion actually covers a multitude of sins. Real EntreLeaders care deeply, and that is basically what passion is. Passion is not yelling or being wild it is simply caring deeply.
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Be very proud of what you do, and if you aren't then change it.
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Remember, there's ultimately only one way to financial peace, and that's to walk daily with the Prince of Peace, Christ Jesus.
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If you help enough people, you don't have to worry about money.
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Doing a budget means learning an ancient and powerful word: NO.
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Work is doing it. Discipline is doing it every day. Diligence is doing it well every day.
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I'm not against people having new cars. I'm against them having you. We spend a tremendous amount impressing somebody at the stoplight who we'll never meet. It makes you broke and keeps you broke.
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Investing is important, but get debt-free first. That's what frees up your income so you can win.
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My children were taught at an early age how money works and that it comes from hard work. They've been on a commission - not an allowance - since they were little. They learned that if they worked around the house, they got paid. If they didn't work, they didn't get paid.
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A good financial planner is going to do more than pick your funds.
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Debt is normal. Be weird.
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