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Well, I've been watching your YouTube videos for several years now.

I love your advice.

I even read your book.

Thank you.

But what I've been thinking about through the years is what would happen to our economy

if people really started, more and

more people started to follow your baby steps and not spend like Congress and get rid of debt.

How would that affect our overall economy with people not borrowing money or using credit cards?

Well, we probably will never know, darn it.

But it's an interesting hypothetical question to think about.

The only way I know to think it through is to think through what happens to an individual

when they follow our baby steps.

Okay.

So let's take a couple that did a debt-free scream a couple of days ago, all right? They've been working the plan for six years. They paid off their home. They're 37 years old, and they have $500,000 in their 401k. They're 100% debt-free and they're millionaires. They're 37-year. They followed the baby steps exactly. They're what we call baby steps millionaire. And it took them about eight years to work the whole thing. Okay. Now, what happens to that couple? They have zero debt. They're millionaires. I think if I remember, they made like $200,000 or $150,000 a year or something like that. They weren't making $500,000, but they weren't working $40,000. Okay. So there's somewhere kind of like that early six figure thing. So let's pretend. Let's just make them up. There's $150,000 a year. They have no payments in the world and they're millionaires and they got a half million already in their retirement accounts what happens to their spending well it doesn't stop as a matter

fact it probably increases it's just responsible spending because now they actually have money

Sharon and I today are an extreme example of that.

I mean, we're way down that road, and we spend a lot more than we ever have in our lives.

Actual dollars.

But isn't there way more people in the world that are in debt that would have to stop spending, stop going to restaurants, stop using.

Yeah.

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