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The Ramsey Show

Doing This Will Make You A Net Worth Millionaire

The Ramsey Show

Ramsey Network

Self-improvement, Education, Business, Investing

4.5 โ€ข 38.5K Ratings

๐Ÿ—“๏ธ 8 March 2024

โฑ๏ธ 119 minutes

๐Ÿงพ๏ธ Download transcript

Summary

๐Ÿ’ต Sign-up for EveryDollar today - The simplest way to budget for your life! Ken Coleman & George Kamel answer your questions and discuss: The clear roadmap of investing to become a millionaire by 65 How to change your mindset from reactive to proactive when it comes to managing your finances "How do we live on a budget with kids actively engaged in sports?" "How do I plan for our financial future after receiving a terminal diagnosis?" How George and his wife became net worth millionaires "How do we climb out of over $100,000 of debt?" "Should we pay for our son to go to M.I.T.?" "How much should we budget for our wedding?" Support Our Sponsors: BetterHelp Churchill Mortgage Angel Studios Zander Insurance Next Steps ๐Ÿ“ž Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! ๐Ÿฆ Take Your 3-Minute Money Assessment - Get a personalized money plan! ๐Ÿ  Find a Ramsey Trusted Real Estate Agent ๐ŸŽŸ๏ธ It's game on! Get your ticket for Total Money Makeover Weekend. Listen to more from Ramsey Network ๐ŸŽ™๏ธ The Ramsey Show ๐Ÿง  The Dr. John Delony Show ๐Ÿธ Smart Money Happy Hour ๐Ÿ’ก The Rachel Cruze Show ๐Ÿ’ธ The Ramsey Show Highlights ๐Ÿ’ฐ George Kamel ๐Ÿ’ผ The Ken Coleman Show ๐Ÿ“ˆ EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

The Oh, no. Live from the headquarters of Ramsey Solutions. This is the Ramsey Show. It's where we help you win in life.

0:36.0

Specifically with your money in your work and in your relationships.

0:41.0

The phone number to jump in is AAA 825, 825, 825, 825, 825,

0:47.2

225. I'm Ken Coleman joined by the incomparable,

0:52.0

the illustrious, the esteemed number one best-selling author of

0:56.8

breaking free from broke I had to look over my shoulder I got so into the

1:00.4

compliments you know how to make a guy feel good I do do. He is my good friend as well. We were just talking about having a fabulous dinner together with some other friends other night. And George and I have a lot of fun together. He is George Camel of course and he's going to be your money

1:13.9

expert today. I'll weigh in and then let's talk about your income. Let's talk about

1:18.2

making money. This is a show about making money too and I'm the work expert they tell me and Davis said for decades

1:25.2

your your income is your greatest wealth building tool so you got any work

1:29.0

questions that get you on the path to making more money I'm your guy today George will weigh in on those as

1:33.4

well you ready to go partner I'm so ready all right Vanessa is gonna start us

1:37.5

off in Dallas Texas Vanessa how can we help yes my question, what should I invest my $100 a month in to be a millionaire by 65?

1:49.0

Oh, great question.

1:51.0

How old are you?

1:52.0

Well, I am 27, I'll be 28 in September this year. So that was my other question. Should I backtrack because the post that Dave Brancy had said was at 25. I mean I know I'm just a little bit behind on that.

2:06.7

Yeah not far behind it all. What do you have for George? You love your investment calculator.

2:11.3

I've got my calculator. You just cracked your knuckles?

2:14.0

I'm pushing my glasses up. I'm ready to go Vanessa. Tell her George.

2:17.4

Okay so let's talk about your financial picture where you're saying $100 a month

2:20.9

because that was the example Dave used at 25 starting at 25

2:26.0

if you invest a hundred bucks a month and so that post exists to tell people it's

...

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