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The Ramsey Show

These Money Habits Will Make You a Millionaire (Hour 3)

The Ramsey Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.538.5K Ratings

🗓️ 17 November 2022

⏱️ 40 minutes

🧾️ Download transcript

Summary

Dave Ramsey & Rachel Cruze interview 6 millionaires on how they built their wealth. Have a question for the show? Call 888-825-5225 Weekdays from 2-5pm ET Want a plan for your money? Find out where to start: https://bit.ly/3nInETX Listen to all The Ramsey Network podcasts: https://bit.ly/3GxiXm6 Learn more about your ad choices. https://www.megaphone.fm/adchoices Ramsey Solutions Privacy Policy

Transcript

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0:00.0

alone...

0:28.0

from the headquarters of Ramsey Solutions, broadcasting from the pods of moving and storage studios.

0:34.0

It's the Ramsey show where that is dumb, cash is king and the paid off home mortgage

0:39.0

might be assigned to give you a baby steps millionaire.

0:43.0

We help people build wealth, do work that they love,

0:47.0

create actual amazing relationships.

0:50.0

In case you didn't catch the clue, this is a baby steps millionaire theme hour,

0:54.0

Rachel Cruz, Ramsey personality, number one best selling author is my co-host.

0:59.0

This hour we will be talking to people who are actual millionaires,

1:03.0

regardless of how you got there, whether you're an everyday millionaire,

1:06.0

meaning you got there starting from nothing but didn't necessarily use the baby steps,

1:10.0

whether you followed our baby steps and became a baby steps millionaire,

1:14.0

or whether you just hit the lottery or maybe you're the next Taylor Swift.

1:18.0

I don't know. You've got a million dollars though and I want to know how you got it,

1:22.0

because we want to share more than a few more than a couple more than one.

1:27.0

She might be up more than one while we were talking.

1:30.0

But anyway, million dollars, millionaire, what is a millionaire?

1:33.0

It's not someone that makes a million dollars a year.

1:36.0

A millionaire, the definition of a millionaire, is your net worth is greater than a million dollars.

1:43.0

Your net worth is what you own minus what you owe your assets minus your liabilities.

1:51.0

That is your net worth, period.

1:54.0

If you're a cash millionaire, that would mean you had at least a million dollars in cash.

...

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