Quotes from Dave Ramsey

No matter how blessed or distressed you are financially, your first priority every month is to cover what I call the Four Walls. Think of it as the four walls that hold your house together. They are food, shelter, clothing, and transportation. If you have food in your belly, a roof over your head, clothes on your back, and a way to get to work tomorrow, you'll live to fight another day.

If You Don't Know How Money Works . . . What Future Is There in Working for Money?

Compramos cosas que no necesitamos con dinero que no tenemos a fin de impresionar a personas que no queremos.

The Education IRA is the same thing as an ESA (Educational Savings Account). The ESA is basically buying a mutual fund and stamping it "ESA." You must make less than $200,000 annually, married filing jointly. You can contribute up to $2,000 annually per child. You can have several ESAs, but the total of them can only be $2,000 annually per child. That money will grow completely tax free when used for higher education.

Baby Steps: Step 1: $1,000 in an emergency fund. Step 2: Pay off all debt except the house utilizing the debt snowball. Step 3: Three to six months of savings in a fully-funded emergency fund. Step 4: Invest 15% of your household income into Roth IRAs and pre-tax retirement plans. Step 5: College Funding (i.e. 529 plan). Step 6: Pay off your home early. Step 7: Build wealth and give.

Those who never make mistakes work for those of us who do.

you find yourself unable to stop micromanaging, ask yourself if your team has a problem. You may have to reorganize or bring in some more talented people who have the capacity to earn the right to be delegated to. If your team continually drops the ball you are right to micromanage until they don't drop the ball or you get some new team members.

I think what y'all are doing is great." (The Dave Ramsey Show, September 2012)

Author and counselor Dennis Rainey of FamilyLife explains that women are traditionally more verbal than men. I've heard him say men usually speak about 10,000–20,000 words a day, while women speak 30,000–50,000 words per day—with gusts up to 125,000! That's why a lot of guys come home from a busy day at work, hit the sofa, and don't say a word. They can't. They've already used up their quota.

Dreaming also has a negative connotation as well. Some people dream and stop there. They never do anything about making their dreams come true.

In our National Study of Millionaires, we found that 67% have a paid-off home, and it took them an average of 11.2 years to pay it off. Take that in for a moment: Millionaires don't spend thirty years paying off their house. They pay it off in roughly ten years. They're also not living in a 10,000 square foot mansion. They live, on average, in a 2,600 square foot home they've been in an average of seventeen years.

One of my pastors says that living right is not complicated; it may be difficult, but it is not complicated.

Zig Ziglar says, "If you aim at nothing, you'll hit it every time." I love how Zig cuts right to the heart of the matter. If you don't have a target, if you don't have a goal in mind, then you'll never get where you want to go. Most people take a "Ready-Fire-Aim" approach to budgeting. They get the money, spend the money, and then wonder why they don't have any money. It's crazy!

Millionaires own a paid for home and maybe a beach condo. Millionaires probably live just down the block from you in a normal residential neighborhood. Millionaires often still cut their own grass.

A budget is just telling your money where to go, instead of wondering where it went.

Millionaires use coupons. Ninety-three percent of millionaires in the National Study of Millionaires shop with coupon discounts.

People who change their values, their ethics, are not trustworthy and should be avoided.

If you have a customer who is able to make the purchase, they trust you, and you have shown them the benefits of the purchase, they will close themselves; you do not need some arm-twisting technique.

The love of money, not money, is root of all evil.

Los grandes espíritus siempre encuentran violenta oposición de las mentes mediocres».

We don't keep jerks; life is too short to work with them and really way too short to pay them and work with them too. Seems simple, but it requires that you fight to build an incredible team and culture from the moment you post a position until you celebrate their retirement. Every day every behavior, attitude, and execution has to be led well by a courageous, loving leader.

If you will live like no one else, later you can "live" like no one else.

Instead, the top five jobs of Everyday Millionaires came out like this: Engineer Accountant Teacher Management Attorney It's interesting to note that medical doctors did not make the top five and neither did banker.

Traction equals satisfaction