Passive Income Is TikTok Mythology

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 21 August 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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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 Smart Vestor.
0:07.2	Connect with an investing pro for free at RamseySolutions.com slash invest.
0:15.2	You're listening to Ramsey Everyday Millionaires, where we talk investing, retirement, building
0:19.7	wealth, and outrageous generosity.
0:22.9	Paul is in the Springfield.
0:24.4	Hey Paul, welcome to the Ramsey shop.
0:26.0	Hey, how you got to do today?
0:27.8	Better than we deserve.
0:28.8	What's up?
0:29.8	Um, so I've honestly listened to a lot of your podcasts about building wealth.
0:34.8	And this is something I've been working on for, I'd say almost 10 years now, 31.
0:40.8	Good for you.
0:41.8	I've just heard.
0:42.8	Thank you.
0:43.8	Um, I started investing heavily into real estate because that's what my father did and
0:50.7	I saw the value in that of passive income for retirement.
0:56.4	I started a new job a couple of years ago and started making life-changing money, so
1:02.0	a lot more money.
1:03.0	So I started getting a financial advisor to make sure I don't spend the money stupidly
1:08.9	or just start investing in and spreading my investments a little bit more broadly.
1:13.7	And you know, obviously I want to keep investing in things and keep growing this wealth
1:18.9	smartly, but I was just kind of looking for what your advice of you, what you think
	...

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