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Live from the headquarters of Ramsey Solutions, broadcasting from the pods, moving and storage studio.

Since the Ramsey show, we help people build well, do work, that they love, and create actual, amazing relationships.

George Campbell Ramsey Personality is my co-host today. This hour is a baby steps millionaires theme hour.

For those of you that are new to us, that means we're going to talk only to millionaires this hour.

The phone number is AAA8255225. If you're a millionaire, we want to get some of the details on your life and your story

so that other people can hear how to do what you have done. See, there's a lot of people out there with opinions about wealth that don't have any.

Well, they got lots of opinions, they got no money. And if broke people are giving you their opinion on money, that's kind of dumb.

If you're listening anyway, and so you don't want to do that, you want to talk to real people. And I don't really care about your broke brother-in-law who votes wrong.

I don't need his opinion. I just, you know, it's so, how money, I mean, if you want to talk to him about something else, it's fine. I'm not mad at him, but I'm not going to do this.

Here, let's start with the basic definition of what a millionaire is, George. A millionaire is not someone that makes a million dollars a year.

Thank you for clearing that up. That's a misconception. A lot of people have. And a millionaire is not someone that has a million dollars cash.

That's a cash millionaire. So, not a network. This is not, it's like the word recession. There is a technical definition for it. And you don't get to make it up.

Well, I think we're in a recession. I don't care what you think. A recession is two consecutive quarters of a shrinking GDP. Period. It's an economic definition.

It's not a political term, and you don't get to decide if we're in one or not. All you can do is observe the actual numbers. You don't get to decide if you're a millionaire.

You don't get to redefine millionaire to fit your little political agenda and your equal, your wealthy quality communism, Marxism crap.

So, here's what you get. Here's what a millionaire is. It is when someone has a net worth of one million dollars or greater. Period. That's it. There's not another definition.

Well, he's a net worth a millionaire. That's the only kind of millionaires there is. It's redundant. It's redundant. It's like he's a millionaire millionaire.

Okay. That's what you say. All right. So, a millionaire is someone whose assets minus their liabilities equals a million dollars or greater.

What you own minus what you owe equals a million dollars. Well, you can't real estate. Yes, you can. It's an asset stupid.

That's what I get in the YouTube comments, Dave, when I tell people and walk them through how to do this, they go, you can't count your house.

You can't even count your retirement accounts because you can't live off of that right now. That's dumb.

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