I Feel Like We’ll Never Be Millionaires (Hour 2)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.5 • 38.5K Ratings

🗓️ 18 April 2023

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Dave Ramsey & Ken Coleman answer your questions and discuss: "After 10 years I still feel very far from Baby Step 7", "I don't know how to get ahead with my finances", "My husband won't stop investing even though we're deeply in debt", Why parents shouldn't pay for their adult kids' expenses. Support Our Sponsor: Neighborly Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3cEP4n6 Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	Wanna play the wine game?
0:27.7	Live from the headquarters of Ramsey Solutions, broadcasting from the pods of moving and storage studios.
0:34.5	It's the Ramsey show. We help people build wealth, do work that they love and create actual, amazing relationships.
0:45.0	Ken Coleman Ramsey personality, number one best selling author, host of the Ken Coleman show talking about work and careers as my co-host today.
0:53.8	We're taking your calls at AAA 825-225. That's AAA 825-225.
1:04.4	Allison is with us in Seattle. Hi Allison, welcome to the Ramsey show.
1:09.2	Hi Dave, thanks for taking my call. I appreciate it.
1:11.8	Sure, what's up?
1:14.0	I just have a question for you. I'm a long time listener. We've listened for about 10 years.
1:21.3	I just am curious about your own personal story when you went to bankruptcy.
1:27.8	It seems like if I understand correctly, you became a millionaire pretty quickly after that.
1:34.0	If I'm incorrect, maybe I'm incorrect on that.
1:37.2	I'm wondering how did you do that? It seems so slow to pay off our mortgage.
1:43.6	I'm a little discouraged. I see all these young kids on YouTube doing all of these.
1:50.7	I don't know. Investment tech things where they're buying duplicates, living in half of it.
1:56.3	I forget what that's called, but I'm just curious. It seems so slow.
2:02.5	It's not always about 10 years for us.
2:05.4	10 years?
2:07.4	We filed bankruptcy in 1988. It was probably about 98 or even the year 2000 somewhere in there before we hit a million dollar net.
2:15.4	Where the gas, I never go back and looked at it, but it's somewhere like that.
2:18.2	It wasn't that fast. What do you make? What's your household income?
2:22.8	About 105,000.
	...

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