Live from the headquarters of Ramsey Solutions, broadcasting from the Dollars Car Rental Studios, it's the Dave Ramsey Show where debt is dumb. Cash is king in the paid off home mortgage maybe. From the every day millionaire. It's an everyday millionaire theme hour with Chris Hogan Ramsey, personality and author of the book Everyday Millionaire. We're going to take questions are not questions around interview and take calls only from millionaires. This hour, we started doing this a couple of years back, I think three or four years ago.

Now it's become one of the more popular hours. We only talk to real millionaires, not your brother in law with an opinion, not your finance professor that's broke, not your banker, but real people that have real money. And we'll tell you how they really did it. That's important.

It really is, Dave. And it lets people know that the American dream is not only alive, but it is available. OK, and so there are a lot of myths out there. And I chop them all down in the book. People, if you've not read everyday millionaires, how ordinary people built extraordinary wealth and you can to you need to pick up a copy.

Because what I found, Dave, and you've known this long before me because you're a lot older than me and say, hey, is that translated in there that a myth that's told too long to loud people actually start to believe it?

Yeah, and the myth is that you cannot build wealth, that you have to inherit it. That's right. And that all millionaires, all wealthy people inherited their money. We have found with detailed, in-depth research as well as anecdotally here on the air, that's simply not true.

Some people do inherit money. There's no shame in that. Not at all. Wonderful thing.

Yes, but the vast majority of people that are millionaires and above in America did not inherit their money. That's right. So regardless of how you got your money, if you're a millionaire, we want to talk to you.

The phone numbers is eight eight eight two five five two two five. And sometimes people get confused about what a millionaire really is.

Yeah. So let's explain it to him. So what you want to take a look at is what you own, minus what you owe and so what you own. So that's looking at the money in your 401K, your Irisa Roth, your equity in your home, your the cash you have, minus anything you have debt on. And so once you do that, if that number is a million dollars or more than guess what, congratulations. You're an everyday millionaire.

Well, I don't feel like one. Well, that matter. I'm not talking about feelings here, but the facts. OK, so you got me riled up. You baited me right there, Ramsey, and I took it. But the reality is this is about the numbers people. It's about the numbers.

Yeah, it's a fact. Even if you because you don't you're truthful. If you had a million dollar net worth, you don't really feel rich. Right. Because you've been paying a price to get there and you live a fairly modest life.

You know, David, so funny you said that I actually had a lady called the Chris Hogan Show. I was walking her through what they had in assets. And I did the math and I said, Ma'am, you're an everyday millionaire. And she said, oh, and I said, see it? And it took her a little bit to be able to verbalize in her spirit. Yeah, yeah. Speak it out.

Speak it out loud. All right. If you're a millionaire, we want to talk to you and find out how you did it. The phone numbers, eight eight to five five two two five. Edward is in Port St. Lucie, Florida. Hey, Edward. What's up, Stavisky?

Afternoon, Chris. How are we doing? Great, man. What's your net worth?

One point four dollars million. I love it. Very cool. And how old are you?

I am fifty two and my wife Kelly is forty eight. Very good.

And so how is that one point four broken down. What's the mix of that.

That's broken down with real estate when we started and probably some bond funds in gross stock.

How much in real estate. In real estate. Probably six, 700000 of it.

OK, and the other half then is what other half would be some bonds in there along with some mutual funds.

OK, and so 700000 in bonds or mutual funds. That's correct.

OK, very cool. Good for you. Retirement. Is that a mutual fund. Is that is the retirement account. The mutual funds or you don't have a retirement.

Retirement is mutual funds. OK, all right.

So some of the 700 is like your 401k then it's up for one day, but it is retirement. Gotcha. OK, cool.

So how much of a one point four million net worth that you have at 52 years old, did you inherit. That would be zero. OK. And what has been your range of income from the time you started working at the low point to your best year ever?

Probably between the two of us. It's just been fifty thousand dollars.

Your household income were maxed out. Maxed out at 50. That's correct. Were made over 50 K. All right. Never made it. What? Where your careers. Careers.

I was a commercial fisherman and my wife owned a hair salon. Know what a hair salon o'haire, OK? All right, very cool. And did you all go did you get a degree in college? I did not. Did your wife. Did not. OK, do you remember your high school GPA? I guess that's nice, right? Actually, I have turned down high school graduation and went to work. Wow, OK.

And did you or your wife ever work with an investment professional? Yes, we did. OK.

And I'm curious, do you all do any giving as a family to church and to. OK, that is good.

So what do you tell people? The secret to being a millionaire at 52 years old, making 50 K is a fisherman is. Just early, remember, like I would say, stupid's around every corner. What was the dumbest thing you ever did with money? I ever did with money, just start soon off. Not saving enough and not saving enough early enough. OK.

All right, what's the smartest thing you ever did is listen to a professional. Oh, OK. So, you know, really help guide you into this. And that makes sense. Very cool.

And just if you have the money, you don't spend it. That's right.

Edward, was anyone in your family a millionaire where your parents did you come from money? Absolutely not. Yeah, I don't think so. That's awesome. Congratulations.

Well done, sir. Very proud of you. Great. Great job. It's exactly how it's done.

Right. They're not making over fifty thousand. Didn't graduate from high school, but he's an everyday millionaire. Yeah. That's not an accident that someone that learned work ethic, but also, as he said, got guidance and learned how to save and invest. Man, oh, man. That's awesome to hear. Right out of the gate. Well done. Yeah, well done.

Well, we did a survey of over 10000 actual millionaires, the largest study of millionaires ever done here at Ramsey. Chris took the information. Our team took the information from that survey and wrote the book every day, millionaires, because that's what we found, were people just like Edward all over America.

And they were all a little bit offended by the political movement that says that that they all inherited their money and they were somehow trust fund babies because they had worked their tail ends off to get there. Yeah.

And we found that we put 142 of the statistical findings in Chris's book. That was not enough for some of you nerds. And you're like, you wanted a white paper. Yeah. So we wrote the white paper and put Chris smiling face on the white paper, although we had nothing to do with it is an exciting read no matter what Dave Ramsey says.

No, it's not. It is. It is.

If you're having trouble sleeping this book.

No, not the everyday millionaire, but the little white paper nerd study, the national study of Millionaires people.

I want you to read a copy of this and I want you to write in to tell me. You tell me this is exciting. I must tell you, you need to work on your life. I'm just saying you've got to work on it. It's a lot of great facts and it's nine dollars and you can pick it up if you want on the back story. In other words, the white paper, the details of the research are research geeks.

They had a blast together. They are fantastic. They're wonderful. So, yeah, they're nerds. They did a great job. I'm proud of them. And this thing's selling because there's apparently a nerd niche out there. So there you go. This is the Dave Ramsey Show. Most home security companies try and trap you with high prices, tricky contracts and lousy customer support, simply safe, on the other hand, has everything you need to protect your home.

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It's an every day millionaire theme, our Chris Hogan, Remzi personality and author of the book Everyday Millionaires, is my co-host. Today here on the air, open phones at elite eight to five five, two to five as we take calls only from real millionaires today. Michael and Lisa fit that category from Fort Wayne, Indiana. Hey, guys, what's your net worth?

Hey, David. This is truly an honor to speak with you guys today. I know where we're at. There's one point two million. Good for you.

OK, and how old are you guys?

I am eight and Lisa. Fifty eight. All right.

Very cool. So give me the breakdown on that. How much in different categories totals up to one point two.

Well we got five hundred and thirty four. Okay. Yeah. One Tanen across that. One hundred and seventy five thousand cash. Three hundred and forty and a paid for home and one hundred thousand liquid assets.

Wow. Good for you. Well done. And how much of this one point two did you inherit. Oh, none. That would be zero. OK, and your range of income, household income, your best year and your worst year since you started your life.

Since we started our lives twenty five years ago, our lowest year has been 60000 and our highest has been renting.

Very cool. What are your careers? Dave? I am a garbage man. And Lisa, I'm a secretary. OK.

Wow. Did you guys either one of you get your degrees?

No. I actually dropped out of high school in 10th grade and went back to school in 2003 and got my diploma. And Lisa graduated high school there.

Cool. That is fantastic. Do you remember your GP's sheetrocking so much higher. I bet. I guarantee. Exactly. OK, Lisa, what was your GPA, young lady.

Oh, I probably had a three point nine. Oh well just the three died.

OK. All right, Michael, bless your heart. Where did you fall. Would you get.

Barely. Barely. I'll write that number down. That's fine. There you go. I was the portion of the class that allowed the top half to be possible.

That made the curve happen, right? That's right.

Did you all throughout your lives, in your career, did you ever work with an investment professional?

No. And we did on the one brought. But my 401k, I manage myself. I do all I do all the research on it and background and in picking and choosing. And it's worked out pretty decent. We actually started only really hitting it hard on investing probably about 13 years ago. Wow. So it's it's worked out well for us.

So the 25 year old version of you is listening. What do you tell them? Well, work hard, invest early, you know, because once you start seeing that come out of your paycheck, you never miss it because it's always, you know, you just get used to it. When you get a raise up, you're investing. You know, if you're out there, if you're out of debt, you know, put that into investing, be intentional.

You know, the only one stopping you from being wealthy is the person in the mirror. I mean, it's it's you you know, when I started in the trash business hauling trash, I work fifty five to fifty seven hours a week and I've been doing it for twenty eight years. And you know, when the when this virus got this down to about 40 hours and I called Lisa, ask her if I should get a part time job, you know, because I'm just not used to working.

So I would say just, you know, like you say, Dave, kill it and drag it home and live below your means and all that is done.

That's right.

So so, Lisa, what do you tell the 25 year old version of you guys? That's what I tell them. Debt is dumb. Cash is king. Like you said, live below your means. Beans and rice. Save your money. Mm hmm.

Have you guys have you guys had a good life? I mean, or have you just. Oh, we just sat at home bored and save money.

You know, if anything, we take and we take usually 33 vacations a year and we usually travel around, stay of the area. We just came back from Turkey. Laid out by you. Yeah. It's been a week out there. And do we have the boat out there? It's a person. And I know we live a fantastic life now, you know, and we consider ourselves normal people and we're working as normal, you know, everything and sectarian.

If we can do this, anybody can. It's not rocket science. Yeah. I'm so proud of you guys.

Well done. My goodness. You can hear the joy. Yeah, very well done. You can hear the joy in their lives.

And I'm a sanitation worker that didn't graduate to 003, went back, got his degree and secretary who didn't get serious about investing until about thirteen years ago. They want, though, turkey legs up on the edge of the Smokies over here. It's beautiful. Is it really? They just had a great vacation. That's cool.

That's all well done, you guys. Very, very well done. Roman is next in Huntsville, Alabama. Roman, what's your net worth?

One point three million, very cool. And how old are you? I'm going to be 33, oh, one week. Good for you. All right, break that down.

How much in each category and what categories of the money is the money on?

Well, most of the categories is in real estate and probably about I'd say 98 percent of you know, we have a little we started doing some mutual funds about four or five years ago, and we just kind of been contributing to it just so you don't have any cash.

No, we do have cash, we have our emergency fund. How much cash have you got? We got about 80000, OK, so that leaves so roughly then you've got about one point two in real estate, you're saying? Yes, yes. Very cool.

Good for you. That's fun. The job. How much of this money did you inherit?

Not a dime. So I came know my my dad was an immigrant from the Ukraine, and it was kind of interesting. I remember my dad dragging me when he started doing flipping houses and and as a kid, I remember falling asleep on the floor with fixing up these houses at night, you know, and my dad came in with two hundred dollars in his pocket, you know, with me, my sister and from Ukraine and just, you know, gave me a hard work ethic.

But, you know, that change, you know, when my wife got married, you know, we got a fleece. You know, I still remember to this day my fourth F one fifty four hundred sixty six dollars a month. I thought it was a tax write off. We got married, we bought another vehicle, got into debt when we got married, you know, and then the bottom fell out for me in construction. That's worth what I do.

And. You know, I kind of got rid of everything, you know. It was God's glory, I kind of walked into the Dave Ramsey plan situation. We just started. We sold everything. I bought this pickup truck in 2001, all beat up thing. And I think I still have it today. Just as a reminder, it has about 300000 miles, but it sits there. Yeah. And just, you know, let me know where I came from.

That's right. Absolutely. Yeah. Let's, you know, not to listen to the truck now and never doing that again. Well done. We will. Yeah, we I think we went to because after everything fell out, I'd try to pick up a job at the Union Carpenters Union. I think you spent the night at a motel and my wife called obviously to help put our new seat down. And, you know, we were to rise out of cigarettes, out of the best steak I had in my life at that time.

It just it was it was tough. But when we got on that plane, at this point, I tell everybody about it, you know, friends, family, a church. And, you know, we just just been digging it. We've been just digging at it. And we live in my in-laws now. We sold our home and we're building our home right now, you know, passed free. So. Wow. Way to go, Román.

Yeah. By the way, to go. Very, very, very well done. Awesome job. OK, so we've had three we've talked to so far one point two, one point thirty one point four right there in the one million.

And most of them fall within the I don't know, the typical demographic, the typical framework's what we find in the research first generation.

If you inherited all your money, though, we'll talk to you.

We're not there's no shame in that game. No.

We want to learn all about real millionaires. So you call if you're a real millionaire. Triple eight eight two five five two two five.

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The phone number.

If you're a real millionaire to talk to us, we want to talk to you today, regardless of where you got your money. Triple eight eight two five five two two five. Chris, you got a new 30 page guide that's free that can be downloaded.

Talk about it. Yes. This is an investing guide. Listen, the investing world has so many terms, acronyms and little nuances. And it's really important for you to grow your knowledge right. You got to believe that you can grow in your knowledge, but then you've got to take the right actions. And so I want you to have confidence in learning about this. And so it's a free guide. It's a 30 page guide, probably closer to 34 pages, but it's got a lot of information that is free for you.

The investing guide. All you have to do, you can download it by going to Chris 360 dot com slash start. Now, let me say that again. Chris Hogan, 360 dotcom start now. And I'm hearing from millennials that they're learning, loving, learning, but they're also loving being able to educate their parents. And I'm also hearing from parents loving, sharing that information with their young people. So let's all grow in our knowledge so we can gain confidence.

And when you can gain confidence, you can make progress.

There you go. And so many of the people that we're dealing with, Chris, are that have become millionaires, who have done so using the principles we teach, whether we taught them or not.

It's called common sense, getting out of debt, living on less than you make.

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Plus you can get a free trial to all of it. It's not truncated.

You get a free trial to the whole thing of Ramsey. Plus just text the word join to thirty three 789 text. Join two thirty three seven eighty nine. Kevin is in Tampa.

Kevin, what's your net worth. Hey, Dave, one point two, four million cool. Break that down for me a little bit.

Oh, we're looking at full retirement in round numbers 900 outside of retirement, investing in cash got about one hundred and about 400 in real estate. And there are other things with a mortgage on the house of about 160.

So, OK, very well done. How old are you? Fifty three. My wife is 52.

All right. Very cool. And how much of the one point twenty four million of net worth did you inherit? Probably around 50 of that. OK, and how long ago did you get that 50 K? It's been distributed throughout the last probably twenty five years, yes.

So is it safe to say mathematically that you did not become a millionaire because of the inheritance?

Yes. Yes, that is safe to say.

Just making sure I'm being real clear. I don't want anyone to misunderstand out there in the land of crazies.

So they're out there. All right, cool. So what do you guys do for a living?

I'm an aircraft mechanic and I have been a stay at home mom for the last 20 years.

Awesome. Very cool. Prior to that, I was a secretary. All right.

Very good. Lovatt domestic engineer and all that stuff. Right.

So did you get a four year degree?

Either one of you did not know. Neither one of us. OK, cool. Do you guys remember your high school GPA?

I mean, you made it through all four years graduated. Thank you. Only about a three.

Yeah, good enough.

Good enough. Hey, did you all throughout your investing career, did you ever work with an investment professional?

We have recently. We did early on. We just kind of hoped and prayed as we as we invested in the fall. And lately we've had somebody looking over our shoulder just kind of keeping track. Yeah.

How did it feel when you added it up and you realize you were a millionaire? Well, we were just talking about that. My wife and I a little bit ago and you mentioned it earlier in the show. Yeah. I don't feel like a millionaire. And it was one of those things that we never really paid attention to. And then all of a sudden one day we just looked down and went, oh, my gosh, can you believe this?

Yes. Yeah. Wow. And starting from nothing. So what was your range of income, your best year of your household income and your worst year? Best year, probably one 20 and worst year probably in the high 30s.

OK, cool, so just starting out then. Yeah, that's a big swing. Do you always really giving as a family. We do, we do, we believe we're more kind of hit or miss, we try to give to the church and and when we look for projects and like we give to the children's hospital and those kind of, you know, one offs, you know, Kevin, tell me this.

None of us are perfect and we've all done stupid. Lord knows I've got the hat, the T-shirt and some flip flops at some times. But tell me, what was the what was the dumbest thing you did with money?

OK, dumbest thing we did with money. We just got married. My wife and I've been married 30 years. We were 22 years old and financed her engagement and wedding rings to the tune of three hundred seventy five dollars. We had just gotten landed what we thought were pretty decent jobs. So we bought two brand new cars and we had maxed out our credit card, which was at that time we only had about a five hundred dollar limit and we had six hundred dollars on the Texaco gas card.

And we looked around and said, this is this is no way to live. This is ridiculous. And so that was something that was probably the stupidest, stupidest thing we did with money.

How long did it take you to pay off that ring? I want to know how long.

Two, three hundred seventy five days. How long did it take? Twenty four.

Twenty four months. Yeah. Oh my goodness. Twenty four months. And that was back I think, I think we had that was one of our worst years. I think we had a thirty eight thousand dollar income and it took quite a while.

Wow. That's funny. And well done. So what advice do you have for the 25 year old version of you that's listening?

Well, the first thing is debt free. Don't go into debt. And that's if I'm if my if I'm talking to my 25 year old self and you're looking at that truck in the dealership, leave it alone. Walk away. Hmm, good run, actually, the run away run. Yes, yes, yeah, way to go. You guys were so proud of yourself. Very, very, very well done. Excellent. Excellent job.

Anna is in Philadelphia. Hi, Anna. What is your net worth? Hi, Dave, my net worth is one point, OK, three billion. OK, very cool. Give me some categories and break that down for me. Sure.

So in cash and about 60 thousand investments in retirement age 75 and home equity about one hundred.

OK, cool. Oh, I got it. All right. Good, good. How old are you?

I am 47 and my husband is 50.

And how much of this one million 03 did you guys inherit?

Absolutely nothing. Zero.

OK. What was your best year of income household since you've been married and get started all this stuff and are since you started adult life and your worst year.

So the worst year with the first year we were married, which is about 50000. And this year we're projected to be at three hundred, which will be our best year.

Excellent. What do you guys do for a living? I am in management and my husband's in management.

Oh, very good. OK, cool. Very cool. So you guys both got degrees, we did not, though we only have high school degrees. We did go to college, but we're just it's a steak that dropped out and had tons of loans when it got out. Wow.

And you got there anyway. Great job. So proud of you. Seriously. Very, very well done. Congratulations. This is the first time this has happened in the time our. It really is. We'll see when we talk to one more. But we're not a single high school or college graduate. Not had a very unusual hour yet. Is this is the Dave Ramsey Show. Our scripture, the day Habakkuk two, three, four, still division awaits its appointed time and hastens to the end, it will not lie if it seems slow, wait for it.

It will surely come. It will not delay.

Steve Jobs said the only way to do great work is to love what you do.

If you haven't found it yet. Keep looking. Don't settle. Hmm.

It's an everyday millionaire theme. Our Chris Hogan Ramsey personality is my guest. Our my co-host today, rather, here on the air. And we're taking questions only from our not questions were interviewing actual millionaires.

Do you have a net worth of one million dollars or greater?

Joanna is in Phoenix. Hi, Joanna.

What is your net worth? He's won one million dollars and some say if we just made the gold like this week, so let's say one million, OK, excellent.

We'll just call it even know. No, it's a the numbers here on some change. So they just call it one. We'll get we'll get all the nickels out of the corner of the couch and get there.

I like it. Congratulations. Way to go.

You're a millionaire. So break it down for me. What are the categories and what amount in each category? So we have our house, which we decided that we did the debt free scream back in 2016, everything. And we called you four years ago, we have our 401k.

How much is the house worth? Being very conservative, around 300000. OK, and how much in the 401k? Four hundred and seventy two with seven hundred and four.

OK, and how much and what other investments. And then we have savings that that's close to two hundred twenty three thousand.

And we have nine miles, I have that piece of land that my dad gave me when I was 17. So that's around forty five thousand. Mm hmm.

How old are you now? I am thirty nine years old and my husband is forty four. Thirty nine.

Awesome. Very cool. So how much of this million dollars did you inherit? You got a forty five thousand hour gift from your dad. It's land that did not make you a millionaire. Did you inherit anything else?

No guilt that. OK, cool.

Where are you from. What's the accent. I am from Puerto Rico. OK.

All right. Very cool. How long you been in the States?

Our main mainland here I, I moved here in 2005.

OK, excellent. Very cool. And so what is your best year of household income as adults and your worst year of household income as adults?

So the best one is on these buses that we both combined with around 200000, excellent.

We have only been married seven years, but we were lucky to start your SPU in 2014, so we were married in 2013 and 2014. We were blessed with taking a class and things that we have been telling people like you need to take this class, you know, like we say, make it that regret. We say like 12th grade, like you cannot pass, will break into college if you don't take these classes.

That's right. Joanna, what are your careers? You and your husband? So I'm a failure to account executive for the last 14 years, and my husband is commissioning aging for around the same time with his company to.

And do either one of you have degrees from college? I do, I have a bachelor's degree and a master's and my husband, he has two years in college, but they joke that he does he's not an engineer, but he has to make a bunch of certifications for what he does. Yes, ma'am.

So what's your what's your master's in advertising field? Wow. Good for you. Yeah.

Well, good for you guys. You did it. I'm so proud of you. Not only you pay off your house, but when you did your debt free scream, I told you someday you're going to be a millionaire. And now you're calling in on an everyday millionaire thing now. Yes.

Yeah, I was counting the pennies things that we bought a drug in twenty eighteen. We paid cash. Okay. So it's just like that's a game changer. It is a choice. I will take your class when I was 20, but it's OK.

No, listen to me.

You're impressive. You guys are very impressive. Very, very well done. That you guys not only paid off the house, but you stayed the journey. And that's amazing. Don't go backwards. Don't let your guard down. They're stupid out there around every corner. Don't let your guard down.

Way to go. Joanna, thanks for calling. And we're honored to talk with you. Excellent, excellent. Excellent. OK, that's a record that we have never had an entire hour of every day. Millionaires, not women.

I'm sorry, I'm not right. She broke the right. She broke the record. She broke it. So, yeah, I don't think about an hour where only one was a college grad, just one.

And so not that college is required. We just see it show up a lot.

Oh, yeah, absolutely. And then to not only have that, but you have a couple that dropped out of high school and immediately started working. We've got sanitation workers. We've got a commercial fisherman, hair salon secretary, construction aircraft mechanic, secretary, management, I.T. management. I mean, you stay at home, mom. I mean, you see this and you guys hearing the range of incomes if you've paid attention.

There were no 500000 dollar incomes. No, no, there are no 400000. And the highest was three hundred. Yep, yep.

Maxed out. And you know that. And what we found is an amazing number of millionaires. Never made over 200. That's right.

In our study we found that. Yeah. I actually did not anticipate that. No, I didn't either.

I thought there would be a correlation, a higher correlation to income statistically than we actually found. What we found was a higher correlation to common sense.

That's exactly what it is. And being intentional, being hard working, setting goals, believing you can the 97 percent of the moon in this study, this fantastic, invigorating study of ninety seven percent of the millionaires believe that they control their own destiny here. This and the public was fifty. It was the sixty four percent. Yeah. And so it just goes to show that what we think. Right. Matters. It matters and what you believe and what you're striving toward.

And I just I love seeing the array of careers.

I love hearing this because again, people, society want you to believe you can't do it. And we've got to have a victim mindset. We've got to blame somebody if we're not where we need to be. And that's just not true.

Everything should be real clear. This is not just aspirational motivational speak.

No, this is the largest in-depth research of millionaires ever done in North America.

And the research methodology is freaking airtight. Yes, we are an outside research firm.

Look over our team shoulders because we knew we would be criticized by the lefties who want socialism to be the answer because they're out there poised at any moment to try to turn something into socialism.

They can't stand someone. They call me a boomer bootstrappers.

And which is both actually true.

Right. So I'll take it.

You know, that's fine. I'm a boomer and I'm a bootstrappers, so shut up. Yeah. And first of all, we didn't talk to a hundred people, OK? First and foremost, you'll see these studies in the newspaper where they talk to three people that wrote an article, OK, don't come at me with that crap. All right. We talked to over ten thousand of them. Ten thousand a year all across the country. It got so big.

We use the research firm to help us because we wanted to dig in to the truth. And so this is what it is.

And the interesting thing, too, we also set up a double blind on the thing where we said, OK, I want to study Ramsey Tribe and nonromantic tribe.

People never heard of us because we knew people would say they've heard of you and Chris, you know, you're just trying to know stuff.

And so we did both and we had over 7000, um, non Ramsey tribe and about 5000, 4000 of them were Ramsey Tribe.

And here was interesting. Very little difference. Yeah, very little difference, you know.

So I just again, out there, I know a lot of people are going through a tough spot right now. And you begin to look and you start to think, we all know the sun is going to come back up. But what we do next. Right, it's less about what you have done. But what do you do next? Really determines the path of. And not touching your 401k, leaving that money alone, being intentional, finding other ways, that's the true path.

Yeah, you know, this is your never again moment America. Yeah. And every day millionaires are going to happen because of covid.

That's true. That's exactly right. The plexiglass business, you're probably going to be a millionaire. You know, it's just that simple. All right. Gosh, can you think of it?

Never thought I'd see so many windows in my life. Gas mask, rubber gloves. There you go. Something like that. Wow. That puts us out of the Dave Ramsey Show in the books. We'll be back with you before you know it. In the meantime, remember, there's ultimately only one way to financial piece, and that's to walk daily with the prince of peace, Christchurch. Dave, here, we just launched a brand new survey and we'd love your feedback.

You'll be entered to win a one hundred dollar Amazon gift card. No purchase necessary. Take the survey at Dave Ramsey dotcom slash survey or text survey to thirty three 789.

Hey, if you've got questions about retirement investing or becoming an everyday millionaire, go bigger and broader with my man Chris Hogan on the Chris Hogan Show. I am excited to be able to talk to you all week in and week out. We're going to focus on your calls and it's going to focus on building wealth investing and how to become an everyday millionaire. Subscribed to the Chris Hogan Show wherever you listen to podcast.

Hey, it's James, producer of The Dave Ramsey Show. This episode is over, but check the episode notes for links to products and services you've heard about during this episode. Thanks for listening.