4.8 • 3.6K Ratings
🗓️ 14 October 2024
⏱️ 5 minutes
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0:00.0 | This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions. |
0:11.0 | Com slash invest. |
0:22.0 | You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth, and outrageous generosity. Jake is in Las Vegas. |
0:24.0 | What's happening, Jake? |
0:25.0 | Hey, yeah, thanks for taking me on. |
0:29.0 | I had a question. |
0:30.0 | I'm 21, about a into into working corporate life now but I feel like I'm behind on |
0:36.4 | investing trying to see what I could do to actually build wealth okay like I'm doing the |
0:41.1 | right things but I don't know if you know I could be doing a lot more, you know? |
0:44.4 | I mean, I feel like you're going to take advantage and maximize our 20s. |
0:47.0 | Wow. |
0:48.0 | How do you feel like you're behind at 21? |
0:51.0 | It's like a newborn baby being like, I feel like I got to get I'm behind on my |
0:53.9 | reading skills got up it like you just started your adult life as far as career |
0:57.8 | and income goes. Yeah you know what I think couple things right like I know that like Ramsey and himself had 150,000 to invest in real estate at 22 and I know people from my high school making $170,000 a year at 19 software engineers in the Bay Area, so the bar is kind of up there. |
1:15.0 | Good. |
1:16.0 | Well, you create that bar for yourself, depending on who you're going to compare yourself to. |
1:20.4 | And so I don't want you to get just totally into this vortex of like, well, someone else is making more out there. |
1:26.0 | You got to realize like you got to run Jake's race, because running someone else's there is no finish line. |
1:31.0 | You're always going to be comparing yourself to people making way more who have way. If I compare myself to Dave Ramsey, |
1:35.6 | dude it's going to be an endless chase in life. I love the fact that you have this high bar though. Like I think that you have good I like that I feel like you're challenging yourself and I think that that's going to be good as long as you don't get ahead of yourself |
1:49.4 | So tell us more about your tell us more about your financial snapshot so we can best advise you. |
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