Dave Ramsey
👤 SpeakerAppearances Over Time
Podcast Appearances
Then I got to go back to a $50,000 lifestyle to quit, which is exactly what he's saying.
He's saying, I'm going to be paycheck to paycheck.
He's not even close to paycheck to paycheck, but he's going to have to cut his lifestyle.
He's going to have to drop his investing from $100,000 a year contribution.
Yeah.
And you can't do $100,000 extra.
Extra, yeah.
And that's paycheck to paycheck.
That's not paycheck to paycheck.
That's true.
You thought it was going to be a billion.
It's one of the things I had to outline with all these little communists that are coming out of college.
I have to explain to them that a billionaire is not the same thing as a millionaire.
A millionaire, a billion is 1,000 million.
Billionaires have four houses, a jet, and seven cars.
Millionaires have two used Camrys and one house, and it's paid for, and they have $800,000 in their 401K.
That's a millionaire.
But a billionaire is $1,000 million.
And people emotionally have these two things confused.
They think of some rap artist or whatever in a private jet, which they don't even own.