How Do I Start Investing?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 5 January 2026

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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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

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0:00.0	This episode is brought to you by SmartVestor.
0:07.0	Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:12.0	All right, let's go to Mack, who's in Chicago, Illinois, Shaitone.
0:17.0	What's up, Mac?
0:18.0	Hey, how you guys doing? I'm a big fan of the show. Thanks for having me on. Yeah, you bet. What's up, Mac? Hey, how you guys doing? I'm a big fan of the show. Thanks for
0:21.4	having me on. Yeah, you bet. What's up? My question is around investing. I'm not sure what to do
0:31.4	with my cash and my extra money at the end of the month. I am investing fully in my Roth 401k. I'm doing 15%
0:41.9	there and kind of maxing it out. But I have a lot of extra cash left over just sitting in my
0:48.5	savings account and I feel like I should be investing. I don't know how to start. I don't know what to buy. And there's
0:57.3	definitely a little bit of fear behind it too because I don't want to make the wrong choices and I
1:04.5	don't want to lose it. So I'm calling for some financial guidance. Cool. I like this question.
1:10.5	You're awesome, man.
1:11.5	Yeah.
1:12.1	Appreciate the call.
1:12.9	Way to go.
1:13.9	So you're already maxing out a Roth 401k.
1:17.1	Now are you just maxing it out or is it 15% of your income?
1:21.1	Well, it actually comes out to 14.5% of my income is maxing out the legal limit.
1:26.4	So it's kind of yes to both.
1:29.2	Okay, good.
1:30.4	And you're at the right stage of investing, right?
1:32.9	There's no debt.
	...

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