How Do I Build Wealth for the Future?

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 10 February 2025

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💵 Sign up for EveryDollar today - Create a free Budget! 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, and are disciplined and responsible! Next Steps: 💰Need help with your investments? Connect with a SmartVestor Pro: (SmartVestor Investing Professionals ) #PaidEndorsement 📝Get your free copy of Ramsey’s Complete Guide to Investing: (Ramsey's Complete Guide to Investing) 🏦Take a retirement assessment to find out how much you’ll need to retire: (Retire Inspired with the R:IQ Retirement Assessment) 📈See how much your investments could be worth over time with this handy calculator: (Investment Calculator) 🧑‍💻Explore free investing tools, articles and more on the Ramsey Investing Hub: (Ramsey Investing Tools and Resources) Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership 💸 The Ramsey Show Highlights Learn more about your ad choices. Ramsey Solutions Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by SmartVestor.
0:07.9	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.8	Connor is in Anchorage, Alaska, to kick us off.
0:16.8	What's going on, Connor?
0:18.5	Hey, how's it going?
0:19.8	Good.
0:20.1	How are you?
0:21.0	Good, good. Hey, I just wanted to? Good, how are you? Good, good.
0:21.9	Hey, I just wanted to kind of get your opinion on what I should do to kind of build wealth for my future.
0:28.7	Awesome.
0:29.8	Let's hear your situation.
0:31.7	Okay, so I'm 18 years old.
0:33.5	I own a landscaping company.
0:35.1	I bring in about 70 grand during the summer and then 30 to 35 during the winter.
0:42.6	My truck is completely paid off and that's about $23,000. I have a $20,000 camping trailer that I rent out and that is also paid off.
0:53.6	I have a motorcycle that's paid off and then a bunch, like I have more trailers and stuff
0:58.6	like that.
0:59.1	And everything's paid off.
1:00.1	Goodness gracious.
1:00.9	So you sound like an 18-year-old that suddenly started making six figures and bought
1:03.9	every toy imaginable, just like I would have done.
1:06.7	Yeah.
	...

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.