Can You Build Wealth on a Modest Salary?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 23 August 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to how ordinary people built extraordinary wealth - and how you can too. You’ll learn how millionaires live on less than they make, avoid debt, invest, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is sponsored by Smart Vestor.
0:07.2	Connect with an investing pro for free at RamseySolutions.com slash invest.
0:15.2	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:19.7	wealth, and outrageous generosity.
0:22.8	Joseph is in Indianapolis.
0:24.4	Hi, Joseph, welcome to the Ramsey show.
0:26.9	Hi, how are you?
0:27.9	Better than I deserve.
0:28.9	What's up?
0:29.9	Well, I had a pretty simple question, you know, I always hear two sides of the coin.
0:36.6	I hear sometimes people say you should make the most money that you can, and you know,
0:42.4	get a job that just pays the most when I've heard other people say that it's not about
0:46.3	what you make.
0:47.4	It's about how you live your life, your lifestyle, and what you can say.
0:51.0	And I guess my question is, is it still possible to live a wealthy or successful life if, say,
0:58.1	you're only bringing in maybe $35,000 annually?
1:01.4	Well, it depends on how you define wealth, you know?
1:05.1	I will tell you that you can absolutely be successful.
1:07.8	I'll ask you a question.
1:09.9	Do you believe Mother Teresa was successful?
1:13.0	Yes.
1:14.0	Why was Mother Teresa successful in your mind?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Ramsey Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Ramsey Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.