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5 Jobs That Create the Most Millionaires

Theo Von Clips 635 views

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Dave! There could also be fewer medical doctors who are millionaires because there are fewer medical doctors There are far fewer doctors than teachers, lawyers or engineers for sure
Comment from : @kateofthings

I'm a 45 year old engineer and a millionaire and Dave is absolutely right The process to build wealth was followed and, over a long enough time, it worked I would imagine that almost every engineer I graduated with is currently a millionaire for the same reason It isn't glamorous but it feels good to not be in the same hole so many other people my age are
Comment from : @119Agent

Camera man keeps trying to bust Dave picking his nose 😂
Comment from : @haydendickson3135

What those have common is they are/were steady jobs It is extremely hard to plan and execute shit if your future paycheck is uncertain
Comment from : @CaptainVideoBlaster

Rent rooms out if ou can't afford a house So sad you have to bet against the dollar Out government is full of criminals
Comment from : @StevenPadilla-f8q

I'm 35 and was born into poverty to teenage parents I own my house and have good investments I came up through the trades I will be a millionaire by the end of 2025
Comment from : @bofrazier8626

Dave is right about these groups being process oriented, but his take that being process-oriented means there is only one way to do something is such a reflection of his worldview that I laughed out loud As an engineer, there are many ways to build a building…you want wood frame, poured concrete, mud brick…the process orientation is more about long term planning than a single way to do things
Comment from : @fennugreek-gs5zb

Engineers know math That's why
Comment from : @BradKwfc

I advocate for the trades - it is a very easy path to business ownership It is not easy, but with proper licenses and dedication people can do very well
Comment from : @watchmanspector1642

most of what he said is true, but i have to change the top 5 careers of people who are millionaires, here is the list engineer, lawyer, real estate broker, farmer, business owner sorry but school teacher and accountant do not make the list
Comment from : @peterwest3204

1 Engineerbr2 Accountantbr3 Teacherbr4 Managementbr5 Attorney
Comment from : @kylewest2826

If I would have kept house and thrift plan would be a MILL DANG !!!
Comment from : @gerryshafer6101

Why isn't comedian slash podcaster on there? Doesn't require a degree and you only work like 3-4 hours a day 😂
Comment from : @laughslapproductions4690

I'm a millennial Homeowner, self-employed, sole breadwinner for a family of 5 I've got just about $1M in net worth right now, and I've never made over $100k a single year in my life I've come close, but it's really just about staying out of debt and spending less than you make
Comment from : @SeraphsWitness

Hello, I am due for retirement in two years, I'm a senior citizen but I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $50K per year but nothing to show for it yet
Comment from : @KennedyVerbruggen

No trades…hmm… it’s discipline Do it or not, people are too comfortable and stay broke
Comment from : @kylemushlit8388

The rich are money-minded; that's a lesson I've grasped from the very beginning My desire to build wealth has always been strong I’ve set aside $160K since 2020, and I’m eager to invest it in the stock market to grow my financial future I’d love to hear any recommendations you have
Comment from : @MaximilianFischer497

Politicians not on the list? 😂
Comment from : @papabear4066

36 years old nj firefighter Income 130k, 4 multi family homes, with 15 million in equity, 50k in my 457b and get to retire at 51 with a pension, god willing 🙏
Comment from : @lifeisgreat1718

To me, a millionaire is someone worth over one million dollars, aside from home and retirement savings
Comment from : @rogerpullin8997

I believe that teachers would be! I just started teaching two years ago and have had 4 very good raises I never got that many raises in corporate America
Comment from : @catseriously4869

Well it's not hard if you're an engineer It's a good paying job Easy to save that extra cash
Comment from : @techdiesel4026

Dave stealing ideas from Dr Stanley of the Millionaire Next Door book fame Dave can’t hold a securities license because his real estate investing resulted in a personal bankruptcy😢
Comment from : @darbyheavey406

i consider a millionaire someone who owns a home and cars and has millions in the bank and a business not their netoworth being 1 million with home and 401k that dosnt equate to being a milllionaire and in todays world 1 million dollar is nothing to be a millionaire label you need to have 5-10million not a couple million net worth with your house and 401k or ira included lol
Comment from : @joeyschmidt7546

I thought the best job is now a politician! They never do a real job and they get rich from mystery sources
Comment from : @eddiebezzell

Yes…homeownership is the key to wealth The cheapest townhome on the market in my area is damn near 1M
Comment from : @cryptowomanist

Here i thought the top 3 millionaire creating job were the NBA,NFL, and MLB
Comment from : @shobull8695

What’s the point of being worth 1million and the money is tied up on a home? If you sell it years later you will NEVER find The same deal again
Comment from : @jayrubio7299

Curious Do doctors have significantly higher student debt ?? I personally think they also start making those big bucks pretty late compare to engineers
Comment from : @Nonbd

Damn theo whyd you have this absolute fekkin idiot on? Biggest finance tard out there
Comment from : @CjJohnWynn

A million dollars isn't worth nearly what it used to bebrTime to target two million dollars as a significant measurement of financial success
Comment from : @Snarge22

Im sure the debt they get into going to school hurts the Drs also
Comment from : @jessekittrell2946

My Dad was an engineer He made a good wage, nothing crazy However, he did exactly what they talk about, living below means He bought a house in California in 1969 which my Mom still lives in today He put as much as he could into his 401k, put money into savings bonds, and an IRA He always paid 100 cash for his cars and always paid off credit cards in full brbrIf you do that, after 30 years you will have a paid off home, paid off cars and a nice nest egg
Comment from : @jimmbear3998

Funny, telling a kid with his hat on backwards how to become a millionaire What I have noticed about white people nowdays, is that in every sentence, they throw out the F word to show the world how tough and savie they are I am amazed at how low we can go - remember the old limbo song - how low can we go Funny, but not
Comment from : @JKent-ry9yg

A job honestly doesn’t gives you the time, space and opportunity to chase your dreams and achieve your goals From personal experience i can tell you working a serious job is modern day slavery they pay you a small amount for doing a significant amount of work and promises you promotion Best advice make investments and take calculated risks that would guarantee your success
Comment from : @tonysilke

Makes perfect sense
Comment from : @kintehorton2472

Teachers could make it there because they care too much about the community than to stunt on them
Comment from : @keepitonthereal3x

He is so correct I work for a utility company from the age of 25 I am now 53 I have 900,000 in my 401(k) and my pension buyout will be about 800,000 when I retire I paid my house off that’s worth about 750 This is just from a blue collar job I know there’s some people who tell you not to invest in your 401(k) I believe I’ve always been at 20 and the money grows quickly I will retire when I’m 55 with 30 years of service
Comment from : @Icanchange1200

The common skill and insight among those top 5 occupations is understanding how numbers/math works, on a practical levelbrbrWhen you understand compound interest, and get a career in a good company that helps you grow your 401k or pension, you have an easy vehicle to grow your wealthbrbrNever carry a credit card balance…the interest rates will kill youbrbrMax out your 401k; this lowers your tax rate, you can borrow against it to buy a car or house down payment, use it as an emergency fundbrbrDon’t buy an expensive car or boat…they rapidly lose value, can kill you or othersbrbrBuy instead of rent your residence Sooner is better, cause inflation will increase your value over timebrbrPay tithes and help the poor, and God will bless you, and it will keep you grateful for all the blessings you have brbrBe faithful and loyal to your boss, job, family Find a way to enjoy who you are, your position in life, take vacations and needed rest, use your gifts, talents, aptitudes, and ambitions to excel and benefit yourself, your loved ones, your community, your state, your nation, and the world And your soul will be rich beyond measure
Comment from : @peacefulruler1

Ramsay is disingenuous most of the time Conservative crap
Comment from : @FreezeGopher1

Not sure if this was accounted for the study, but teachers are overwhelmingly female and as far as I can tell likely to be married So was dual income accounted for the their presence in the top 5?brAlso, they get summers off and can retire relatively early so the additional employment opportunities are there Not to mention you can feasibly become a teacher without going into debt and can start working early in adulthood
Comment from : @jims512

No one can afford a house The disgusting 400 increase in house prices has destroyed the future of young people
Comment from : @Doug-rv3nr

Millionaire to me always meant 1,000,000 liquid in the bank Big difference between that and being 675 years old and being "worth" 1mil
Comment from : @DJToneRI

Dave Ramsey has great advice on finances, the only thing he does not understand is bitcoin He will figure it out soon We are still early days
Comment from : @warrenb2856

👏🏼👏🏼👏🏼🥲🇺🇸
Comment from : @markph0204

I’m a poor teacher since 20 years How do I get rich?
Comment from : @appletvaccount1364

Why not go and talk to blue collar workers
Comment from : @ezracollins5552

There would be more millionaires if there was not less tax!! Yes less taxes is huge!! But the biggest crime is tax on property and not being able to give your wealth to your kids !! That is banking greed Forcing people to have to have mortgages!!
Comment from : @eco-beehive

This is not entirely true Being an engineer does not make you into a millionairebrInstead, the characteristics that make a good engineer also likely make you into a millionairebrGood engineers are frugal - they use resources effectively They analyse and plan All those characteristics make for the mindset that will result in you becoming a millionaire
Comment from : @cccmmm1234

The democrat party doesn't want you to think you can make it on your own if you apply yourself They want you to be dependent on the government to keep their voter base That's why they keep saying "the system is stacked up against you, you'll never make it on your own, vote for us so we can give you taxpayers money forever"
Comment from : @dimas2381

You should do what Dave says It will change your life for the better
Comment from : @danrowe1174

As an accountant, I can attest Dave is right Most of these jobs are solidly middle class, nothing splashy, no hope of cracking into a dramatically higher salary In fact, they compromise and accept a lower salary in return for better benefits But they use financial common sense and impulse control to build wealth gradually over their working lives It’s a long play, and it worksbrbrETA: yes, doctors really are bad with money Their arrogance blinds them, and they’re a target for stupid money schemes They can easily be flattered into paying high commissions to financial advisors (insurance agents)
Comment from : @javaskull88

I think being a radical liberal gave me a tism, and no matter how much Michael Knowles and Brett Cooper I watch now I still can't talk to other humans the right way
Comment from : @sonikmystique

McDonald's 😂😂😂
Comment from : @tedtedy9817

What kind of engineer? Or does it matter ?
Comment from : @GramKracker88

All those professions involve having a plan in place to be successful Makes sense that they’d focus on planning for their retirement too
Comment from : @smvallet

“You shouldn’t still peoples hopes, that’s evil” 🎉
Comment from : @annareyes6840

Devaluing the currency by printing trillions of new dollars helps too
Comment from : @trueinviso1

I know teachers have to be on this list
Comment from : @stevendobo4059

Greetings from ✈️ At 7 figures minus the house
Comment from : @josesbox9555

And teachers whine about being underpaid while getting summers off
Comment from : @zachspence7651

What teacher is a millionaire ?
Comment from : @spartanfitness2256

remember you are not tacking any of it with you Keep balance and live in the moment Don't go crazy over these extremism mentalities!
Comment from : @surfingtheworldww

Engineer, CPA, Teacher, Management, Attorney - all the successful people in these jobs are very creative and don't just 'follow the recipe' LOL Dave is 180 wrong and of course doctors are on this list! doctors are smart enough to NOT participate in the questionnaire! HAHAHAHA
Comment from : @1MinuteFlipDoc

Software Engineer here Can attest to the list
Comment from : @CodeSpaghettiChef

More than a “one way” of doing things, it’s actually a “systematic” way of doing things Underlying all good systems are plans, structures and discipline that make the practice of those professions possible
Comment from : @alarriag1

The only problem is that a million dollars isn't what it use to be
Comment from : @rust86

My brother is an engineer and the money ruined him brFocus on Christ and family and the rest will come
Comment from : @hanschitzlinger3676

So this definition of “millionaire” is incorrect A technical millionaire isn’t what people want to aspire to be They want to have a millionaire lifestyle That would include financial independence (not having to work for someone) multiple properties and luxury assets such as cars boats, expensive holidays etc That lifestyles needs millions in liquid assets not 401k or homes To have that a “job” isn’t going to provide you with that as you need the ability to scale which you can’t do in job
Comment from : @homopolemicus3449

I believe it has been said that for the average “Joe” 3 things will almost guarantee financial security 1 graduate at least high school 2 Don’t have kids out of wedlock don’t get in a bad marriage that leads to divorce … And of course have a decent work ethic or willingness to work
Comment from : @alanaldpal950

No real estate???
Comment from : @TheSnarf1234

The most important thing for becoming a millionaire is to never get marriedbrbrThat way some chick can steal your wealth
Comment from : @tomyoung8563

We need to start adjusting these numbers for inflation brBecause I know from experience, a salary of $50,000 today bears zero resemblance to a $50,000 salary in 1980!brbrAccording to an online inflation calculator, you would need to have a net worth of $3,830,87379 to match a million dollars in 1980!brbrSo a million today was just $260,000 in 1980brbrA 57,000 salary today was just 15,000 in 1980
Comment from : @terrifictomm

LOL! "Teachers" but the media says they are all underpaid My wife is a Calif teacher benefits and wage makes $110k a year brGo to "Transparent California" for public, government employees, workers salaries, pensions and compensation
Comment from : @Rambleon444

I bought my house in 2018, and now have $400k equity I'm stunned that I'm worth almost half a million just from that
Comment from : @dchrome52

401K? Your going to eat those worlds
Comment from : @ericsanjuan4901

Yep engineers Not only are we fun and exciting to be around we are good with money
Comment from : @floridashawn7317

Why didn’t he mention that most were government employees?
Comment from : @jeremyogrizovich3247

Longshoreman Do pretty good Not a million a year But in a couple years you could be
Comment from : @justing6594

10 million Is the new million
Comment from : @gerardo9052

I wonder how much Celcius paid these guys
Comment from : @jakeplachta7041

Problem is living on less than you make is a while lot harder now with cost of living going up 30
Comment from : @daveb3910

I think the trick is getting paid for something and distracting oneself with doing that thing that’s enjoyable and gets you paid That way it’s super easy to get rich as a construction worker or whatever If you keep your money coming in, minimize expenses and keep on chuckin in your thing That way when you get home after work you don’t dump it all into some thing you buy because you don’t really have time to use anything outside of work
Comment from : @HexlGaming

This is post hoc fallacy It's so tiring to see this crap again and again Just because someone with little empathy can take a corrupt job and do well, doesn't mean that someone with more empathy should and will do well as a result Also, the argument assumes the trade-off for those who did those jobs was worth it
Comment from : @BoreasCastel

The purchasing power of $1mio changed a lot over the years due to inflation A 1950s millionaire would be the equivalent of having around $11-12mio today
Comment from : @hanswoast7

Well I got 30 sec into this when he said mostly 401k Great plan! I'm out!
Comment from : @jdchatelain222

By what you said at the end, you restored my Hope
Comment from : @bearclaw5141

Great set of data, but it ought to be adjusted for how common it is to have Job XbrTeacher is a fairly common job, so may be overrepresented in the responses for that reason
Comment from : @gregerlandson7193