Business Crowd STUNNED at Dave Ramsey’s Jewish Secret To Wealth

world-renowned financial adviser Dave Ramsey spoke about the Jewish secret to Building Wealth to successfully managing money and that secret is one word you're going to learn what that word is soon but stick around to after I show you the video because I want to share with you how to inspire that one word that one trait within other people but take a listen to the video thought a lot about it and I I actually had read a book that uh changed my life I love the book it's one of my top 10 favorite books I've ever read it's written by an Orthodox Jewish rabbi my friend he's become a good friend of mine Rabbi Daniel Lapin and he became a good friend of mine because um you know I mentioned his book on the radio show and started selling and um and he called me and he said who are you I love you and um so we became buddies but he's he's a great he's in his intellect is incredible the book is called Thou shalt prosper and it is the thesis of the book is the 10 reasons that Jewish people have had a tendency to prosper beyond the population in every setting that they've ever been in throughout history and today in America 3% of the population is Jewish and 67% of the Forbes 400 is yeah you want to read the book now huh yeah yeah but one of the thing there's 10 things in here and one of the things is generosity that it's just part of the Rhythm culturally religiously with the folks in the Jewish Community is part of the rhythm of their lives of generosity and it comes from this and I love this picture generosity it's one of my favorite as the Sabbath EBS away each Saturday night Jewish families prepare for the productive work week ahead by singing the joyful havdala service the havdala service is recited over a cup of wine that runs into the saucer beneath this overflowing cup symbolize es the intention to produce during the week ahead not only sufficient to fill One's Own Cup take care of your own household but also an excess that will allow overflow for the benefit of others in other words I'm obliged to First fill my cup to take care of mine but then continue earning or pouring as it were so that I have sufficient to give away to others so the principle is if the cup represents what we spend on ourselves the principle is your your lifestyle should always be less than your income so I don't care how big your cup is you can have a gloriously wonderful lifestyle as long as it's smaller than your income so that there's overflow to be used for the good of other do you catch that generosity that is the one single word that contributes to financial success generosity is part of Judaism it's part of the rhythm of Judaism but the question becomes how do we Inspire other people's generosity and I'd love to hear your thoughts in the comment section below but I'd like to share with you a story as you're commenting the story was that rabi schneir zman of leadi who had founded the kabad movement close to 250 years ago was fundraising for an important project and he went to this specific town and was told that there's a particularly wealthy man who is incredibly financially capable but not very generous by any means and to the contrary he tends to make a mockery of fundraisers by giving them a couple of pennies or whatever the equivalent was of the currency in the time at the time he comes together with two other fellows who are showing him around and people are warning him it's not worth it don't don't do it um but he saw things differently and he ended up going and he's fundraising and he asks the fellow the wealthy man he's in his Manner and he asks him um this is how much we're fundraising for and would you like to participate the man says sure it' be my pleasure and he pulls out a couple of pennies or whatever the equivalent uh currency was and rather than getting offended he says thank you so much and he proceeds to thank him profusely to bless him bless his family and the guy says you know what I think I have a little bit more for you and he goes to the back and he comes back with a a significant amount of money and Raad continues to thank him profusely to bless him and and just say thank you this every little amount really helps and he leaves the man calls him back and says wait a third time he says how much are you fundraising what is the deficit that you have and he ends up giving him the entire sum of money and again raadi thanks and profusely blesses him they're on their way and the people that were accompanying the Rabbi says to him had did you inspire this person to give he's known to be stingy he's known to make mockeries of people how did you inspire him to want to give more and he said because I took him seriously I thanked him I made him feel good and for the first time in his life this man felt the joy of giving being able to be on the giving end is an incredibly joyous experience and when we get to experience that we want more and the best way to inspire other people with generosity and even to inspire ourselves with generosity is to feel and to see the joy in it to believe in people to believe in the joy to believe in how credible of an opportunity giving is and when our world becomes a more of a giving place it becomes a better world that's my story and I'm sticking to it