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Ramsey Everyday Millionaires

What Do I Do After Maxing Out Investments?

Ramsey Everyday Millionaires

Ramsey Network

Investing, Careers, Business

4.63.6K Ratings

🗓️ 17 January 2022

⏱️ 6 minutes

🧾️ Download transcript

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, Christy Wright, Rachel Cruze, John Delony, and George Kamel.

Transcript

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0:00.0

You're listening to Ramsey everyday millionaires, where we talk retirement, building wealth,

0:10.5

and outrageous generosity.

0:13.8

Nikita is with us in Boston.

0:16.1

Hi, Nikita.

0:17.1

How are you?

0:18.1

I'm doing well.

0:19.1

How are you?

0:20.1

Better than I deserve.

0:21.1

What's up?

0:22.1

I have what may be a fairly simple question, and that is how to best allocate money after

0:29.8

you've maxed out your 401.

0:32.4

So for a little bit of context, I just got a pretty massive increase in income and making

0:40.0

about 200 K a year.

0:42.0

Woohoo!

0:43.0

Awesome.

0:44.0

Way to go.

0:45.0

Yeah.

0:46.0

I don't have any debt besides about 20K in a car payment.

0:52.4

And I have about 70K already saved.

0:55.4

Good.

0:56.4

70K in what?

0:58.4

It's a mix of things.

...

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