I’m 42 and Living Paycheck to Paycheck—Can I Still Become a Millionaire?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 27 March 2026

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVestor.
0:07.6	Connect with an investing pro near you at Ramsey Solutions.com slash SmartVester.
0:14.1	John is up in Birmingham, Alabama.
0:16.1	John, how can we help today?
0:17.9	Hey, how are you?
0:18.9	Doing well.
0:19.9	So I'm about 65,000 in debt, 45,000 on a car that I leased
0:29.9	for my wife, 5,000 on credit cards, and about 15,000 on other unsecured loans. And living paycheck to paycheck, I do work three jobs, but living paycheck to paycheck
0:44.6	and don't have any savings, nothing for retirement, I'm 42, and just wondering if being
0:51.8	able from this point to get to millionaire status and on our own home,
0:58.1	and we're renting as well.
0:59.5	What do you make in these three jobs combined?
1:03.6	So combined altogether, I'm bringing roughly between 105 and 125 a year.
1:11.6	What do you do? What are the three jobs?
1:14.6	Well, I do a little security, granite fabrication, and law enforcement.
1:20.6	Which one is the full-time day job?
1:23.6	Granite fabrication.
1:25.6	Huh. And security is nighttime, full time.
1:29.3	And what's the law enforcement?
1:31.3	It's only, it's a part-time.
1:33.3	Huh.
1:34.3	Okay.
	...

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