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The Ramsey Show

Quit Sitting on the Sidelines Waiting on Politicians To Change Your Life!

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 18 September 2024

⏱️ 83 minutes

🧾️ Download transcript

Summary

📱Watch the full episode for free in the Ramsey Network app. Dave Ramsey & George Kamel answer your questions and discuss: "I sell whole life insurance, why is it wrong?" Why the Fed dropping rates is "sus," "How do we pay off $500k of medical debt?" The show interviews real millionaires to find out how they built their wealth. Support Our Sponsors: 🌱 Get 10% off your first month of BetterHelp 🏥 Learn more about Christian Healthcare Ministries 🏡 Get started today with Churchill Mortgage 🏦 Go to FAIRWINDS Credit Union for an exclusive account bundle! 💻 Visit NetSuite today to learn more 🚨 Get 15% off a medical emergency kit at The Wellness Company 📖 Learn More about Timothy Partners 🔐 Visit Zander Insurance for your free instant quote today! Next Steps 📞 Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET or click here! 🛳️ Live Like No One Else Cruise 🏠 Find a Ramsey Trusted Real Estate Agent 💵 Start your free budget today. Download the EveryDollar app! ❤️ Get tickets to our NEW Money & Marriage Date Night virtual event ⚡️New-Must Have Money Book for Teens! Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💸 The Ramsey Show Highlights 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

Live. Live from the headquarters of Ramsey Solutions. It's the Ramsey Show,

0:19.0

where we help people, build wealth, do work that they love, and create actual amazing relationships.

0:29.6

Open phones at AAA-25 825, 5225.

0:34.0

That's AAA 825, 5225.

0:37.6

George Camel, number one best-selling author,

0:40.0

host of the George Camel show, co-host of Smart Money Happy Our Ramsey personnel, and he's my co-host today.

0:46.9

Elliot is in Louisville, Kentucky.

0:48.9

Hi Elliot, welcome to the Ramsey Show.

0:50.8

How can we help? Hey, can you hear me?

0:54.0

Yeah, absolutely.

0:55.0

Okay, great.

0:57.0

So, you know, my name is Elliot.

0:59.0

I graduated from a top 20, you know, business school in college after college I sold triple net investment sales for about two years and then for the last years of for the last year I've been a whole life agent that you know in Louisville we partner with many different working class

1:14.0

companies for discussion purposes you know the average American retires

1:20.3

at about five thousand dollars in their bank account.

1:24.6

Personally, I tell my friends and family

1:27.2

to cash out their whole life policies.

1:29.5

And the way I pitch whole life,

1:30.9

it's not necessarily as an investment vehicle, but more so as a savings or a savings

1:36.6

account, but simply as insurance that accumulates cash value and a paid- up coverage over time.

1:43.0

In my eyes, I believe I'm leaving my members

1:46.1

better off than before they talk to me,

...

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