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Ramsey Everyday Millionaires

I Make $100K at 20 Years Old Flipping Furniture

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 24 November 2023

⏱️ 5 minutes

🧾️ Download transcript

Summary

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, are disciplined and responsible! Featuring hosts from the Ramsey Network: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel & Jade Warshaw. Helpful Resources: Need Help with your investments? Click here to connect with a SmartVestor Pro. To learn more about how to plan for Retirement click here To learn more about Investing click here Create a college savings plan for your child’s future. Click here to connect with a SmartVestor Pro. Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

This episode is sponsored by SmartVester. Connect with an investing pro for free at Ramsey Solutions.

0:11.0

Com slash invest.

0:22.0

You're listening to Ramsey everyday millionaires where we talk investing, retirement, building wealth and outrageous generosity. Patrick's with us in Phoenix.

0:24.0

Hi Patrick, welcome to the Ramsey Show.

0:27.0

Hey day, thanks for taking my call.

0:28.0

Sure, what's up?

0:30.0

So I am 20 years old and about two years ago I moved to Phoenix, Arizona to start my own business selling furniture.

0:37.0

I was straight out of high school and just like super young and I moved in with my uncle so it's been two years later now I

0:45.8

saved about $40,000 in cash I have like another 30 grand in crypto and I'm just wondering is it's a good time to move out.

0:56.0

Okay, how long you've been listening to us?

0:58.4

Probably three or four years now. I actually met you in personal time.

1:02.2

Okay. Well, are you in personal time. Okay.

1:03.0

Well, are you going to take my advice this time because you didn't on the crypto?

1:07.0

Yeah, sure.

1:10.0

Are you?

1:11.0

Yeah.

1:12.0

Okay.

1:13.0

Cash out the crypto.

1:15.0

Move out.

1:17.0

Get your life started.

1:18.0

Okay.

1:19.0

You got 70 grand, you're 20 years old, you're kicking butt.

...

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