I feel so lucky to have this kind of information available to me at the age of 19. Thanks for the great episode.
@scsu3005 жыл бұрын
You are lucky. Now what are you going to do with this information?
@sethsamson6664 жыл бұрын
That is the MILLION DOLLAR question.
@jimclifford54344 жыл бұрын
At age 19 investing $150 a month, you will be worth 3.3 million at age 65. So simple. Just do it. Get out of debt first!!
@bohaley3023 жыл бұрын
I wish I had this info at 19. If I had followed this I would be retired at just over 40. Been working in this direction for the last 10 years. Makes it a lot harder after 10-15 years of making poor/bad decisions.
@solomons56693 жыл бұрын
Wish I had this information at your age. I’m 27 now I would have been way richer.
@trialbyfirehomestead68103 жыл бұрын
Great stuff. I've been following dave and chris for a few years now and I'm starting to see my stuff really take off. My coworkers ask me how I did it and I tell them and help them but it goes in one ear and out the other. Its easier to complain and stay stagnant. I retrained my habits. I work in a warehouse. Base pay is 45k but with overtime I make typically between 60 to 75k. Paid off 53k in debt. I lived on as little as possible. THIS SYSTEM WORKS!!!! anyone who really wants to work the system WILL see positive results.
@nickgoodwin42714 жыл бұрын
Great interview! The one thing that allowed me to become FI in 20 years was paying myself FIRST by automatically contributing to a stock mutual fund. I started with $50/month and slowly increased the contribution amount. I made a ton of financial mistakes but I was able to overcome them by investing every month. Half in a taxable stock index fund and half in a IRA. Then to a 401K when I retired from the military. Pay yourself first even if you are paying off debt. Make it a habit and you won't regret it. Compound interest is a beautiful thing.
@AndyLozanoTelloАй бұрын
Began following the baby steps, after reading Chris' book. Now 10 years strong, about to hit the millionaire mark before 50 💪💪💪 debt free makes me have peace, even through covid. No panicking here.
@gracelandenterprises2536 Жыл бұрын
Thank you for this great segment … Chris Hogan has some awesome advice to live as an Everyday Multi Millionaire 🎉
@stevethomas744 жыл бұрын
I love Chris Hogan, he just screams authenticity and compassion. Great podcast too, Paula! Subbed and keep up the good work :p
@darrengoodlin62945 жыл бұрын
This specific podcast really opened my eyes and years and mind to realizing how I need to rethink my overall financial wealth building approach and the many things/challenges to be aware. Thank You for your time and message...
@nancyhuizar15 жыл бұрын
Great interview!!! You asked some very good questions and some that I wish the survey had addressed, such as milestone expenses.
@everythingschoolnevertaugh13865 жыл бұрын
I love both Chris and Paula! They have such relaxing voices.
@ecclairmayo41535 жыл бұрын
I knew I wasn't the only one that loves Chris Hogans voice!
@kdengo4 жыл бұрын
Paula? sorry, I was wondering who was she, I thought it was so boring and fake how she conducted the interview.
@seoul2k114 жыл бұрын
The voice is his only quality
@dyhppyx5 жыл бұрын
What a crazy valuable episode. Thank you Paula.
@anital50205 жыл бұрын
Love this so much. Sounds just like the things my dad always told me. He and my mother were an awesome team with their money.
@cris4713 жыл бұрын
I’m already a millionaire and yet I really enjoy watching such inspirational videos 😊😊
@debrahansen11492 жыл бұрын
Where do u invest?
@cris4712 жыл бұрын
Hi Debra…. First, I live frugally, this is absolutely necessary to progress financially Second, apart from owning my home, I also invest in dividend stocks, companies which have been around for a long time and are therefore trustworthy No, i don’t make a huge salary Wish you success !
@razojacqueline Жыл бұрын
How old were you when you first became a millionaire?
@cris471 Жыл бұрын
Hi Raquel At age 56 That was three years ago
@razojacqueline Жыл бұрын
@@cris471 That is so cool! Congrats!
@carolannstevens5814 Жыл бұрын
Theee BEST interview!!! Chris is the best!!!
@kimdavis56312 жыл бұрын
Thank you so much for sharing this!
@kicik50385 жыл бұрын
Awesome interview. I don't understand why ppl whine about not getting to see the interview. What's the big deal? The audio contains all the important content u need. Geez
@ecclairmayo41535 жыл бұрын
People just like to complain. I guess they wan for be able to see radio as well when they are driving in their cars
@makalefitzgerald48145 жыл бұрын
Paula, can you highlight the benefits of having a financial advisor act as a fiduciary. All these financial experts of course want people to go to a financial adviser. I think it is important for your listeners or new listeners to know if they are seeking help, they will be better protected if their advisor is their fiduciary. We don't want the suzie ormes of the world making more money off people seeking financial guidance and not acting in their best interest.
@ecclairmayo41535 жыл бұрын
Am I the only one who loves chris Hogan voice?!
@mreditor50623 жыл бұрын
No I love it too
@YoYo-gt5iq4 ай бұрын
No, all the women he cheated on his family with loved it, too.
@DiscipleSteven5 ай бұрын
man I miss Chris Hogan. I would listen every time he was on the ramsey show
@RestaurantManager1015 жыл бұрын
Love how Chris captured the top 5 millionaire positions including school teachers!!!!!! GG Chris
@LMCEK5 жыл бұрын
Drinking game: take a shot every time he says "Intentionality" 🍻😂
@droptozro5 жыл бұрын
It's risky... ask the multitudes of people who went under when the market tanked in 2008 and couldn't find jobs. That's the point, and Ramsey isn't against getting a mortgage--he's against investing in real estate with debt. It's a risk, that's all. Not wrong, just a risk.
@droptozro5 жыл бұрын
@@LMCEK yep the east and west coast plus Canada areas have prices on homes that are nuts. Has to do with overbearing taxes and demand. Millennial Revolution I think is the one who is out of Canada, right? I have a 1200 sq ft 2 bedroom 1 bath home on 1 acre for our family of 4. It cost $112k. We want to get a larger home now(mainly more acreage) but I don't want to pay even $200k+ for a home. The prices around here only rise at about an average 3% a year. It's not the best place to park our money. Everyone takes risk, no ones denying it. It's just more risky to survive downturns in the markets with major debt on a house like yours or investing properties and then people like Dave with cash positions can easily capitalize on those who crashed. I didn't know Canada wasn't affected by 2008. Not even in the least?
@LilStoops5 жыл бұрын
President Camacho or the Judge?
@michaelpeterson79033 жыл бұрын
You'd be dead playing that game.
@mreditor50623 жыл бұрын
O.O rip you but tell me was a bad trip or a good trip
@mreditor50623 жыл бұрын
I love this dude I shall use this information wisely
@omachuca4 жыл бұрын
Great interviewer
@AK-qg7mp5 жыл бұрын
I think I know this guys favorite word
@July.4.17763 жыл бұрын
Love chris and his book.
@josebrown80603 жыл бұрын
@@TheThugNasty he has morale, but hey 'it gets lonely sometimes'.. :)
@gaudycouturist48565 жыл бұрын
Great interview
@litarusvita38863 жыл бұрын
Im a fan of Chris Hogan
@SD-my9so5 жыл бұрын
Paula: Thankyou for the broad range of such informative guests. I have learned so much from your channel.
@ThuyNguyen-bu9ge3 жыл бұрын
I always thought you had to make 6-figures to become a millionaire one day. Nope, you need to invest $6,000 (preferably in Roth IRA) consistently for about 30 years. If you get a 401K match, that's great! You'll become a millionaire sooner!
@joymumley43614 жыл бұрын
I love the new questions that havenr veen asked b4 on the chris show
@johnaddrizzo33844 жыл бұрын
BTW, Chris is a graduate of Georgetown College (in KY), not Georgetown University (in DC). Regardless, Great interview!
@alexl2664 жыл бұрын
I used to like Dave Ramsey / Chris Hogan... but the more I get into FIRE, the more I realize just how entry-level they are. I'm glad they get people out of debt, but FIRE has so much more depth and actual, actionable tactics.
@aeksinsang9324 жыл бұрын
Until you have kids
@binitamin47273 жыл бұрын
@@aeksinsang932 it depends....I have 2 kids, and my wife & I have reached FI.
@saschamayer40504 жыл бұрын
36:31 summary 1
@IBMSystemsEngineer4 жыл бұрын
Love this guy!
@nickgoodwin42714 жыл бұрын
Hardly anyone will become a real estate investor without borrowing money. It would take many years to cash buy a rental property. Plenty of millionaires borrowed money for their rentals even Paula Pant.
@adimichael22334 жыл бұрын
🙏 Definitely will read.
@alaska74453 жыл бұрын
Wealth grows in Magic ways
@njvalueinvestor4 жыл бұрын
Model is solid and it allows for deviations. Key is returning to model if detoured by unemployment, illness, etc. His 5 disciplines re-enforce Dave Ramsey's baby steps. Compounding does the rest. Look at Warren Buffet.
@themanifestorsmind2 жыл бұрын
I think the reason why the majority are traditional investors is because that's what was most readily available while they were investing. 20 years from now, crypto millionaires will be more represented in the sample.
@vools86215 жыл бұрын
Wonderful! Thanks ❤
@bigroy385 жыл бұрын
Who went to Smart Conference Saturday?
@LegalShield30005 жыл бұрын
Just bought his book. Devouring it.
@johnnyboyvan3 жыл бұрын
Should ask the guest how many inherited some money to help pay off a mortgage or other debt.
@killerayiz3 жыл бұрын
Dope pod
@johnnyanderson32872 жыл бұрын
Wait, St. Louis is in the top 5 cities with the most millionaires?? Are you serious?? 😳 I have in STL all my life and the economy here has always been utter crap, especially in the city. Chicago and Phoenix does not surprise me, considering the latter are full of retirees and California refugees..
@MYlearning-f7l4 жыл бұрын
This is so great!
@cris4713 жыл бұрын
Is this Chris Hogan? Sounds more like Ray Charles😊😊
@a1970gto3 жыл бұрын
I’m confused... are millionaires intentional? Or do they just go all willy-nilly with their finances?
@tipfertool54573 жыл бұрын
Well, there are people who intentionally blow their paychecks.
@highbrass37493 жыл бұрын
I’m not sure you were intentional enough with that joke. 🤣
@idiocracyishere45315 жыл бұрын
4 min of noise at the start
@oneisnone73504 жыл бұрын
Some heroes don’t wear capes....
@KC-kr8qe3 жыл бұрын
The people he interviewed are most likely Boomers or Gen X like he and Dave. That way of life has also changed for younger generations
@Force5_Eye_Dev2 жыл бұрын
Even before boomers. Generally people in the US are wealthy at older ages. So the current gen are going to be “poor” until they’re not.
@idontwantachannelimjustcom77455 жыл бұрын
But with the treasury report the second 7%... how much of that is taking a salary at your company.
@samt53175 жыл бұрын
Great
@fundip435 жыл бұрын
but was it peer reviewed/ published
@Captain_MonsterFart5 жыл бұрын
It;s just a survey, not a scientific study.
@fundip435 жыл бұрын
Polite Q exactly lol but they keep calling it a study ha
@kaitlinobrien2432 жыл бұрын
💕🌻
@mthizr5 жыл бұрын
In 2019, there are people who still can't capture interviews on camera...
@ecclairmayo41535 жыл бұрын
Do you feel the same way about radio? Lol it's a podcast, there is not supposed to be video!!
@kiwikim51633 жыл бұрын
I know. Right?
@seoul2k114 жыл бұрын
Man even with the intro it's hard to not close the video. 10 minutes in and not a single worthwile the dude said. Clichés, things everybody knows. Zero new stuff.
@seoul2k114 жыл бұрын
Imagine if you pay off your mortgage and you can invest the extra money. Dumbest fucking thing I've ever heard.
@aeksinsang9324 жыл бұрын
Then tell us your brilliant tips and your high selling book
@traplove9610 Жыл бұрын
surveys pills
@coneil724 жыл бұрын
The political bias of this guy (and Dave Ramsey) is so transparent. Their methodology in providing specific "attributes" for millionaires to choose from is a laugh. Who isn't a hard worker? Or at least, who doesn't consider themselves a hard worker? People who take personal responsibility -- who doesn't? Acknowledging societal inequalities -- which is obviously what they mean by a "victim mentality" -- does not mean that someone does not take responsibility for their own decisions.
@midnighttrain33234 жыл бұрын
Too many people think they take responsibility they say they do but their actions do not show, well to be fair "taking responsibility" can be subjective to a certain point, but at end of the day little small decision s and choices can eventually put a person in the taking or not taking responsibility category one can say.
@aeksinsang9324 жыл бұрын
Yes we have tons of victim mentality people- and yes they are SJW and think in the land of equality that they are victims
@johnnyboyvan3 жыл бұрын
Chris is right. Teachers I know are all well off!!