The Basic Principles To Building Wealth

Ramsey Everyday Millionaires

Ramsey Network

Business, Careers, Investing

4.8 • 3.6K Ratings

🗓️ 20 January 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

💵 Sign up for EveryDollar today - Create a free Budget! 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, and are disciplined and responsible! Next Steps: 💰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. Listen to more from Ramsey Network 🎙️ The Ramsey Show 🧠 The Dr. John Delony Show 🍸 Smart Money Happy Hour 💡 The Rachel Cruze Show 💰 George Kamel 💼 The Ken Coleman Show 📈 EntreLeadership 💸 The Ramsey Show Highlights Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0	What's up, guys, George Camel here. You're about to listen to a clip of last year's
0:04.2	Investing Essentials virtual event. It was a two-night deep dive into investing and real estate
0:09.0	hosted by me and Dave Ramsey. And we're gearing up to do this event again, but we'll be covering
0:14.1	even more topics than before, like what's going on with the economy and what you can do about
0:18.6	it. You can watch it live on March 4th and 5th of 2025
0:21.7	and start investing with confidence. You can get your tickets today at ramsysolutions.com
0:27.0	slash events. Enjoy the clip.
0:34.3	This episode is brought to you by SmartVestor. Connect with an investing pro near you at Ramsey Solutions.com
0:40.0	slash SmartVester. All right, let's look at 101. Let's lay this foundation that we talk about, making the most of retirement.
0:50.3	Now, before we get into the nuts of bolts, let's remember what we have to do, some basic
0:54.2	wealth building principles.
0:57.0	And these are principles, again, that the wealthy align with, and I see these all the time
1:03.1	when I'm meeting with people that have been successful in actually building wealth.
1:08.0	Again, these are not theories.
1:13.6	This is observable principles within people who have really done it, not somebody with an opinion. See, one of our rules around Ramsey is
1:19.0	don't take financial advice from broke people and people that aren't living the way you want to
1:24.4	live your life, that their values are not aligned with you.
1:28.0	So, wealth building principle number one, wealth is a blessing.
1:33.1	It is not evil.
1:35.6	Rich people are not evil.
1:39.3	Wealth is not bad.
1:41.3	It is not good.
	...

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