Rich getting richer and poor getting richer!?!

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[chasa]

Married someone that was horrid with money, stayed broke until we split. 15 years later, I've rebuilt my finances. Nothing to do with any government benefits, just lived within my means and saved. Yes, I was blessed with a good job, but equally important was having a solid work ethic from my parents, and financial savvy from my grandmother.

[doggieboya]

I will become one of those millionaires. Thanks to people like Dave Ramsey.

[westerncowhand]

This was published in 2014. The figure now in 2020 is 18 million. Most of these naysayers didn't even check the numbers before jumping on here and whining. Engage your brain folks. Let me summarize. He is right. We live in the wealthiest time of the wealthiest nation in human history and this man arguably has done more to share simple strategies with the poor and middle class than any other to help them stop the behaviors that are keeping them down. Get with the program.

[omyota]

I WISH I had discovered Dave Ramsey at 20 years old!

[concesi]

Ill be a millionaire one day. Ive cut up my credit cards and paid my last debt payment minus my mortgage on thanksgiving. My early xmas gift to myself. Im on baby step 6. I'm anxious to get to that last mortgage payment over with. Going into 2019 like a gazelle on steroids. Its time.. I want to break my family 🌳. 🙏

[I_Follow_Jesus]

The lazy are getting lazier the productive people are getting sick of paying for them.

[JasonfromMinnesota]

poor people today have way more conveniences and luxury than rich people 100 years ago

[markmyjak]

Thank you Dave for calling me evil. I've followed what you teach, I'm nolonger living paycheck to paycheck. I have money left over every week.

[brandonlee]

Most people who work hard and know how to manage their money deserve their money. Many people run around boasting about their big house and expensive cars have debt

[autismwalk]

Thanks for another inciteful video, Big Dave! I am trying to reach that $1, 000, 000 net worth mark before I retire! My daughter is autistic, so I want to leave that money for her that she can live comfortably when I am gone. Just praying for as much time here on Earth so I can do that so her future will be okay.

[Russyo]

who cares if Dave's logic is flawed. Just listen to him & you will get out of debt.

[HarshRealityNewsletter]

And to follow up on this, five years later, there are now double the amount of millionaires in the US (18.6M Total)

[michaelwoods]

As Billy Rose said, "I've been poor and I've been rich, and believe you me, rich is better." Me too. I like being rich, having been poor. What made the change? Just as Dave says, saving up. It's really that simple, but it did take fifty years of saving. Now I bought a new car and wrote a check for it. What a wonderful feeling! We hardly noticed the change in our bank accounts. It does take time and discipline, though.

[darlenesleeth-poirier]

I am a home support worker. One of my patients is 92. When she gave birth to one of her three children, she went back to work in the fields THE SAME DAY! Both her and the child were just fine.

I don't condone this. I condone the year off after pregnancy. However, we have no excuses any more.

[chrisbaker]

Inflation makes more millionaires. In 10 years there will be even more millionaires.

[RockoII]

Dave you are wrong. Yes more people left the upper middle class for the rich, BUT more people fell out of the middle class into the lower class AND income in the middle incomes are lower or flat and benefits are lower..Meanwhile the costs of education, health care, and rents are up everywhere. Lower working class incomes higher rents, higher education costs, and higher health care costs and child care costs means that fewer and fewer can escape the working class...Also, depends on the study whether or not you are talking about net worth or yearly incomes. Most studies are "INCOME INEQUALITY" not Wealth Inequality. Most people don't begruge people getting ahead but the facts are the facts that middle class has shrunk to it's smallest in 40 years. Personal economics are one thing but macro economic policies are something else. Be honest about what built the great prosperity of 1948-1979 when 90% of all income growth went to the working class and the middle class and home ownership was over half of the adult population. Now it is less than 40% and we have a greater percentage of 40 year old renters than ever. We had rent controls and working class home programs and so many policies aimed at the working class and lower middle class that have diapered. We also had trade policies that protected American workers.

[dakotadak]

More people becoming millionaires is due to inflation and the success of the Upper Middle Class, not the middle and lower middle class.

[LionelRWilson]

I think there's bias in his argument. I think the point the article is trying to make is that the middle class is shrinking. For every 2 million new millionaires, we get 4 million new poor people.

[jmsmilin]

those filthy money saving terrible greedy people, how dare they work hard and earn money

[seanmckee]

But the fact remains that the working class wages have barely budged for several years. And so the contrast of wealthy and poor still grows. But Americans do need to change their money habits.