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You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building wealth, and outrageous generosity.

Christine now is on the line in Dallas, Texas. Christine, how could we help?

Hi, Ken, George. Thanks for having me. You bet. Well, you are a bundle of sunshine. How can we help?

Thank you. So my husband and I have a net worth close to $5 million.

That explains it.

All right, all right.

And for the past 13 years, we've kept a spreadsheet charting every penny.

We've spent in various categories so we know how much we need to live on once we retire.

You're like George's favorite people.

This is a, Mike, I want to be Christine when I grow up. We have 200 to 300,000 in our bank account

at all time, and when it builds too high, we transfer the cash to Fidelity Mutual Friends.

We know where we spend money, philanthropy, travel, and wine, and if anything happens, we know where to cut back.

We actually eat out less than we used to before we reached one million net worth.

We buy used cars.

And my question is, do you recommend a monthly budget for your baby steps millionaire?

I know that's looking out the front window, and we've been

looking out the back window. Interesting. I like this concept, because I think you guys should be

buying nicer cars, and I think you should be going to really nice dinners on a regular.

It sounds like you've been too frugal, and there's a scarcity mindset here. Do you feel like

you're spending enough and giving enough and saving enough?

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