I'm 22 Years Old and Am Inheriting $1 Million

The Ramsey Show Highlights

Ramsey Network

Self-improvement, Education, Investing, Business

4.6 • 682 Ratings

🗓️ 22 March 2022

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Ramsey Call of the Day is a quick, daily dose of advice on life and money in under ten minutes. Hear from experts like Dave Ramsey, Ken Coleman, Rachel Cruze, Dr. John Delony, and George Kamel. Part of the Ramsey Network. Delivered to you five days a week. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the Ramsey Call of the Day, part of the Ramsey Network.
0:10.8	Joining me today is Ramsey personality, Dr. John Deloney.
0:15.6	Drake is with us in Kansas City.
0:18.0	Hi, Drake. Welcome to the Ramsey show.
0:20.9	Hey, Dave, how's it going?
0:22.2	Better than I deserve.
0:23.2	What's up?
0:25.0	Well, pretty much I was lucky enough to live with the best dad, anybody could ever ask for.
0:33.8	Best friend growing up, all of that.
0:35.9	Long story short, he passed away a few years ago and left me a
0:40.8	pretty good chunk of money um it it's in a trust fund right now uh i won't see any of it so i'm
0:48.2	25 years old uh i'm a college student right now um, so I've got about three years left to go.
0:56.2	Basically, I have a few ideas of kind of what I should do
1:00.3	and how I should save it, investments like real estate and stuff like that down the road.
1:05.6	But pretty much, I just wanted to see kind of if you were me or if you were in my shoes,
1:10.4	what would be some things you would do with a big chunk like this.
1:14.9	How much is it?
1:17.5	I've got about $550,000 in the 401K, and then about $438,000 in K.
1:27.3	And I've got about $1, in my own right now that I have access to.
1:34.2	Okay.
1:35.8	And you're 22.
1:37.2	How old was he?
	...

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.