The Power of Compound Interest

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 11 December 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 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. We'll start it off this hour in Champaign, Illinois.
0:26.0	Faith is there.
0:27.0	Faith, how can we help?
0:28.0	Hi, so I have a question.
0:31.0	So I'm 18 years old and I just graduate high school of Vaketorian.
0:35.0	Oh, wait a second, Faith. Don't just skip by that.
0:39.0	We'll slow clap for Faith the valedictorian, ladies and gentlemen.
0:42.0	Very nice. Congratulations. Thank you. So my
0:46.5	parents, I've known you guys for 10 years. My parents have blessed me and teach me everything
0:51.7	about me of Ramsey and so I'm not touching that at all.
0:55.0	I'm going to close to it.
0:56.5	I know the whole situation.
0:58.6	So I dedicated myself to getting scholarships and I got plenty enough to get a full ride.
1:05.0	Wow.
1:06.0	So I don't have to worry about college.
1:09.0	And so, you're like a unicorn.
1:12.0	Yeah, really. So now I'm working just because you know I love working I enjoy it and I'm trying to make as much money as I can to have a good future and so so I was wondering, what do I do?
1:25.0	Should I start investing or what should I start doing?
1:28.0	I have a thousand savings savings and almost a thousand in my checking account and then I have extra money on the side like
1:36.4	some other stuff but I was wondering you know what you guys a recommendation for me
	...

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