Financial program leads to millionaire status in 10 years #financialeducation #personalfinance

In this clip from The Ramsey Show, Dave Ramsey outlines the timeline for achieving significant financial milestones, such as paying off your home and becoming a millionaire. He shares insights on how the average person following his program pays off their house in about seven to eight years and reaches millionaire status in approximately 10 to 12 years with dedication and intentionality.

Check out The Ramsey Show for more in-depth discussions and financial advice: @TheRamseyShow

Dave Ramsey, The Ramsey Show, personal finance, financial advice, paying off your home, becoming a millionaire, baby steps, financial planning, wealth building

#DaveRamsey #TheRamseyShow #shorts #WealthTalksPulse #finance #financialadvice #wealthbuilding #financialplanning

[WealthTalksPulse]

The links are available in about section, incase if you face issue

[cd]

Been stuck on baby step 2 for 10 years. Kept running into issues like job loss and health issues. We’re still trying though.

[Choco-pasta]

The fact that millionaires often have a paid off house doesn’t mean that paying off your mortgage is a good idea. Millionaires are also more likely to have grey hair. In the same logic, you should dye your hair grey. Paying off did not make them millionaires. Living below your means and investing does

[henryh]

For me, it's stupid to pay off my mortgage as my interest rate is 3%.. I have the funds but the money is invested and is making more than my monthly payment by a factor of 3.

[peterr]

If you have a mortgage at a low interest rate, you might want to invest the money somewhere else, instead of paying it off.

[METVWETV]

I will Never pay off my sub 3% interest rate

NEVER!

[ericsmith]

I don’t need to be a millionaire
I’m happy just the way it is.

[TheAwesomeadam]

If you make 200k a year or started 20 years ago. sure. 3.5 years of investing is not enough time for any average person to become a millionaire. At best, for the average person, it's about 25 years of investing. 15-20 if you have no fun and eat rice and beans. Dudes out of touch with reality nowadays.