My wife and I are in our mid 30s and have about 300K in various savings/investments account. 1 million is certainly a goal, hopefully before we hit 50.

Get it! Keep stacking assets & watch it grow.

What’s the best return on your investments?

Well, um.. 20% annual return!!! I’ve got a fund manager that is positioning a global fund that has a five-year history and it has been consistently beating the market.

I’m more concerned with how you do it. LOL! I’m struggling to hit 5% a year.

Varied sources of income is wise and especially living within your means. My net worth is $1M and I can pay my bills with no stress, but I don't live like I have that. I have no complaints.

Money advice is subjective, but planning is essential. I was fortunate to learn about personal finance early. Started working at 19, bought a home at 28, got laid off at 36 during COVID, and and at once I consulted an advisor to handle growing my finance. Now, I'm just a few hundred thousand short of my $1M goal.

Your advisor seems competent. Could you share how I can reach out to them? I've recently sold some property and i am interested in investing in stocks.

I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for years and highly recommend her. See if she meets your criteria.

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

The entire Ramsey team seems like the cream of the crop. They don’t hire or put up with anything less than the best

def has an editor that works great w/ george, chemistry i can even say

I’m telling you. Give that man a raise ASAP 🙌🏼👏🏼

Plus George is a musician and has some entertainment/marketing sense.

Mr beast editing team clears

#2 "No, I don't think I will." XD

13. Not caring what other people think

A relatively simple way to build wealth for future generations is to consistently invest in top-notch, dividend-paying REITs and blue-chip companies over time.

Unfortunately, despite the fact that investing ought to be the best thing a person can do for themselves, most people seem uninformed and careless when it comes to it. My fortune continues to be greatly impacted by the gains I made from stocks and cryptocurrencies. I therefore don't feel the need to wait for the market to improve or to rely solely on my pay.

How can I touch base with Jill? what are her services like? is she verifiable? do you think she can help me, I live in Canada.

No, it exactly the same under the law if you are married.

@@OUTDOORS55yet only half as good as being a millionaire on your own, outside of your spouse’s wealth.

​@@OUTDOORS55No it is not.

Way to go!!

That’s awesome good job

Thanks bro 👊🏼👊🏼

I doubt you’re “wayyy behind” The 🤡 is lying. Too many holes in his story…

Thank you!! Unreal!

I wouldn’t go that far. He hasn’t shown any proof of his assets nor has he gave any specific examples of what his income, taxes, contributions, home equity, stock P&L, etc. are. He essentially just repeats the baby steps but inserts vague anecdotes in between to make it sound convincing to the masses who just take someone’s word for gold instead of evaluating whether or not what’s being presented to them even makes sense. With little to no hard evidence from George himself backing his claims, if he’s “living proof” of a “millennial millionaire” it’s safe to say I’m Bruce Wayne 😂

I 100% agree. Your partner can either upgrade you or ruin your life.

Way to go!!

Yup. Those are pretty much the worst calls Dave Ramsey takes when they can't get on the same page with money.

All the reasons listed are manageable, BESIDES this one! Both a divorce and a financially, irresponsible spouse will devastate you. This isn’t taught enough to young people. It isn’t a “shallow” deal-breaker. Marrying someone with a shopping habit is just as crazy as marrying a drug addict. They need help, but that doesn’t have to be at the cost of your happiness.

That’s why I’m in so much debt. Been single last two yrs and slowly digging myself out. It is much harder with two kids though. If I didn’t have kids and never met my ex I would be a millionaire before 40 too

similar to me actually with the investment properties... sounds good on paper but creates a mess of work to get even less results..

Wish Alex was still alive, I would’ve taken “Things That Never Happened” for $400.

@@15KHPCLUB lmao 🤣

@Watkinsgorge great info if i don't have to send her my money will definitely speaking with her soon, 41 now, Almost starting from scratch. Have close to nothing in Pension, minor savings, huge student loan, house debt 220 k USD, but valued 300 k USD. Hopefully going forward I'll be able to make some good dividend picks.

I started saving and investing in 1989 at the age of 20... my father forced me to start. I love that man today!!! I am 54 today and have 2.2 million in my retirement account, 135k liquid and I trade securities with 50-55k

@Watkinsgorge You were blessed with a good father. Mine didn't care about me because he is a misogynist.. I was a good and loyal daughter and never brought shame to him.. he never loved me and was cheap with us as kids. I cut him off when I woke up and so much happier. I started investing March of 2020. I made up for lost time. I had a bunch of money on the side line waiting. Now I’m addicted to investing. Most of my salary goes into the markets

@Watkinsgorge Thanks very sharing, had a great time speaking with her, interested in her strategy and can't wait to start working with her.. happy that i won't be sending my funds over

Same here! I just had funds in a "savings" account. I then tried to invest and have had pitiful returns. I finally just yesterday signed up for a Digital Advisor (AI) through the investment firm. Hopefully I start making progress!!

Congratulations 🎉

@Georgekamel-_ hi. Women of my generation, the ‘Barbie’s’ of the Boomer Generation, were taught we were suppose to be decorations and the men were suppose to take care of the money. Then, too, before the internet investing was a cumbersome proposition, you had to physically go to a broker and once they saw it was a woman more often than not she wasn’t taken seriously. Now with the internet the process is so easy, just click a couple buttons. Despite how easy the process is, the first time I invested money online, my hands were shaking and I was very anxious. Gradually as I read books, explored websites, watched You Tube videos, I slowly gained a little confidence in investing. Luckily, I was raised to use little debt. I’ve never had more than $3,000 on a credit card. When I figured out that at minimum payments it would take about 10 years to pay off that $3,000 I cut up the card. The younger generation is so lucky to have technology that makes investing so easy, and guidance from people like the Ramsey group to help and encourage them.

Because you have kids. That’s what George didn’t mention. Not having kids.

Exactly!

We. As in he's worth $500k.

@@evr0.904 That is how math works.

Of course 401k is part of the net worth, you are entitled to withdraw now if absolutely needed with penalty.

I have a Donzi 38ZX Daytona, Sea Ray SDX 270, and two Yamaha FX Cruisers. Put them to good use, maintain them, instead of showing off to your Instagram followers and they won’t break.

@GeorgeKamel-_- ???

Take up a part time job to whittle your credit card debt down!

Video coming soon on what investing required to have a $100K income in retirement by age!

I’m not sure what makes you just assume George has some outrageous salary as a personality. Most of the upside with the personality job on top of the salary would be commissions on books and other products and George is about to release his first book. The reality is that he makes a decent income and also has a wife who makes a great income. You’ve done great but you sound like you’re making excuses and trying to downgrade the hard work that George has put in for over a decade. Not a great look.

I’ve been a personality for 2 years out of the 10 that I’ve been on this journey. Didn’t have a six figure household income until my wife and I got married in 2018. While salary is a big component of building wealth, it doesn’t tell the whole story or guarantee wealth.

I 100% agree with you. I’m a data engineer and I’ve been in the tech industry for 5 years now. The only way to make that much so quickly is through an extremely high income and adding the total value of your home as opposed to subtracting the outstanding mortgage balance from your net worth. This is still good solid advice though regardless of how much income he makes.

He left that crucial piece of info out because it would debunk all the silly lies he’s feeding you.

Don’t think they are as well remunerated as you think. It’s not hedge funding, or investment banking. They aren’t board members (possibly Rachel maybe). John I think only works on commission from book sales and maybe gets an OTE/bonus package that I’m sure is large - but he has to perform.

Thanks Dominic. To offer a counterpoint, you spent a lot of time in academia while I got into the workforce. Not sure what your PhD was in, but I hope it was in a marketable field and that you land a related job soon!

@@GeorgeKamel My PhD is in public administration with a concentration in organizational behavior from Florida Atlantic University. Actually, is there any way I can work for Dave Ramsey? I am not kidding, I listen to you guys all the time and I would be all about that! I actually emailed my dissertation 'Exploring Employee Turnover during the Great Resignation' to Ken Coleman b/c it goes along with with he discusses on the show, so I figured he may have been interested in talk about it. I did not hear back. I love Dave and would love to discuss.

15% on your own regardless of match

George’s recommendation was to buy a house you can afford.

@@eloisepersson939 But didn’t he also say in another breath if you can’t pay cash, you can’t afford it?

I didn’t go to college debt free. I wish I did!

@@GeorgeKamel😅LOL👍🏼

More than you’d like

@@GeorgeKamel ?

@@GeorgeKamelit’s a perfectly valid question to ask. Don’t need to be a snarky jerk about it

😂😂😂

The issue is people have the “I want to do it myself mentality” but not equipped enough for hard times, and that’s why they get burnt, no offense. In general, advisors are ideal reps for stock investing, especially during uncertain times like now, at first-hand encounter, I've subsequently compounded my investments to a ballpark figure around $1M, since the rona-outbreak in Jan.2020 to date. I intend settling retirement with home in Hawaii, quite pricey but perfect climate.

Well, I've shuffled through a few advisors in the past, but settled with Janet Santa Sherry, she's a renowned advisor and her qualifications speak for itself. Most likely, the internet is where to find every info.

"Smart Vestor Pro" or Financial advisor as Dave recommends with a heart of a teacher ....

We did it with much less. Concept is simple, putting it in practice is hard. Keep on trying and do better it'll come.

And there are plenty of families with high household incomes who’ve done all the right things yet still went bankrupt. No one talks about those stories but I will since I’m not one-sided.

Jade Warsaw and her Husband Sam had 460,000 Consumer Debt......(See their story on KZfaq ) Their combined income was about $36,000 starting out .... Big Hole/ Little Shovel.... They found creative ways to get that income up.... It took them 7.5 yrs to pay it all off. This was BEFORE she became a Ramsey Personality...... 😊 So no excuses Folks ........

"Jade Warshaw"