The Ramsey Show - App - Find Out How These Real Millionaires Did It (Hour 2)

Episode Date: January 10, 2019

The show about you

Live from the headquarters of Ramsey Solutions, it's the Dave Ramsey Show, where debt is dumb, cash is king, and the paid off home mortgage is a sign you might be an everyday millionaire. That's right. We're going to do an Everyday Millionaire theme hour, and Mr. Everyday Millionaire himself is in the studio. We have captured him, and we're going to talk to millionaires together. Chris Hogan is hanging out. Welcome home from the tour temporarily. Yes, temporarily, Dave.

Just a drive-by. That's all it is. Just a drive-by shooting. And you know what? We're driving by. Plus, I get to do an event with you tonight here. Yeah, and then catch a plane, and then we're going to do an event together on Saturday. Oh, smart conference, my friends.

If you all don't know about this, you need to come see it. I tell you, we hit all the areas from parenting to money to relationships. Dave gives a fantastic talk about kind of goal setting and changing your mindset. It's a phenomenal event. It's a long day, and it's a great day. Yes, it is. And it's sold out. Is it?

Yeah, over 6,000 tickets sold. It's sold out and then some. So it's going to be a wild time. If you've got tickets for Saturday's Smart Conference in Dallas, get there early because it is not going to be a seat left. All right. We're talking to millionaires. This show, this Everyday Millionaire Theme Hour is what started this whole idea. Yes.

I mean, it's become a movement, Dave. People are bumping into me at the airport, at the book signings, and they're saying, I'm an everyday millionaire. Yep. And the look on their face, that means they know that that sacrifice, all that sacrifice and that hard work has paid off. And I'm bumping into them all over the place. Live like no one else. Now they're ready to live and give like no one else.

So I don't care how you became a millionaire. A millionaire is not someone that makes a million dollars. No. Dave, thank you for clarifying that because too many people are getting confused. So, America, I want you to hear me. You look at your net worth. That's what you own, whether that's your 401k, your 403b, if you're home, if you've got it paid off, your cars, if you have them paid off. The money in your bank account, take all that together, add it up, and subtract out anything you owe on.

So what you own minus what you owe on, if that end number is a million dollars or more, congratulations, you're an everyday millionaire. Yep. Or you might not even be an everyday one. You might just be someone that inherited all of it. That is correct. Which is fine too. Congratulations, you're a millionaire. That's how a millionaire is defined. It is

not an income issue. It is your net worth. So we're going to talk to real millionaires this hour and ask them how they did it. We have also talked to 10,000 millionaires as a result of getting our curiosity piqued after doing this theme hour. And Chris turned that into a best-selling book called Everyday Millionaires, How Ordinary People Built Extraordinary Wealth and How You Can Too. All right, let's talk to Ernie in Boise, Idaho. Hey, Ernie, what's your net worth?

3.3 million. 3.3. Very cool. Break that down for me. What's that invested in? So that's 2 million in mutual funds, retirement funds, 650 in real estate, 150 in individual stock portfolios, and about $500 in cash. Whoa, heavy in cash.

Look at you. Cool. Yeah, a little too heavy in cash. Fun, fun. So how old are you? 57. 57. All right.

And how much of this 3.3 is there because you inherited it? Zero. Zero. You did it all. You did it all from the bottom up. So, Ernie, tell me this, my friend. What was your worst income year, and what was your best income year? I think the worst income year was about, as an adult, $17,000.

And the best income year was, we had one year, because of extraordinary circumstances, about $450,000. Okay. And what is your career, my friend? IT professional. IT leadership. IT. And did you attend college and get your degree? I did.

I got an undergrad in business and economics and then a master's in business. Okay. Do you remember your GPA in grad school? Oh, yeah. Grad school was easy. I got a 4.0 in grad. Okay. Well, let's go back.

What was undergrad? It was about a 3.8. Okay. Oh, you're one of those. If you go back further, it was below C-level. That is fantastic. We'll leave it at that. Yeah, you got serious at the right time.

Okay, cool. So let me ask you this. Can this still be done? Oh, absolutely. We started on the plan about 20 years ago, and as soon as we cleaned up the debt, we were able to build wealth by just living on what we made and investing in really just 401ks. And it just grew and grew over the years.

Because $2 million of your 3.3 is in your mutual funds and in your 401ks and IRAs, right? Correct. Ernie, I'm curious. With the way that you worked hard i know that all of us do some financial stupid at times what was your biggest financial mistake you made well the the biggest mistake by far were buying car after car after car um we just not we i continued to buy cars because i thought i deserved them. Probably the dumbest example was early on back when we had bag phones. I bought a $700 bag phone, a mobile phone that I thought I deserved.

And that just kind of epitomized stupidity. That's an antique now, brother. Oh, yeah. That's fun. So what advice would you give to the 25-year-old version of you and if they wanted to be worth $3.3 million when they're 57? Yeah, stay away from the new cars. And in particular, I think the biggest thing is an attitude.

Just because you go to school or don't go to school, when you start making an income, don't say, I deserve it. And avoid those big pitfalls of everything that comes along. You justify it by saying, well, I work hard, so I deserve, and fill in the blank. And for me, that was cars. So when you quit the entitlement, you started living on less than you made and built wealth. Exactly. It was a big shift for our family.

And hopefully, along the way, we did some things like paid for our boys' college and were able to consistently give where we couldn't before, and it just really changed our lives. Now, what's the most important giving lesson you've learned? giving anonymously I think that being where we're at today debt free and baby steps step 7 is when you see a need you can just do it no one knows you're doing it and it's so fun to sit back and just

watch the results of kind of kicking the marble loose and doing something that somebody needs but they don't need to know who so how much TV do you watch? Very little, maybe an hour a day at most, and we really don't subscribe to TV, so it's probably Netflix. So you're a big reader then?

We are big readers. My wife and I both are, so we spend a lot of time reading, a lot of time just together studying or exercising, just being active. Very cool. Well, congratulations, sir. You're a rock star, a big-time everyday millionaire. Very, very well done. I absolutely love it.

Very cool. Congratulations. Dave, the thing that I love that he said is having the right attitude. I think if you've got the wrong attitude and you think you know everything and you're not willing to learn, what happens is you set yourself up for failure because nobody can pour into you because you've got the lid closed. That's a good metaphor. I like that. There's no room.

You don't need anything. And so there's no space left to hold any new information. And, you know, that's one of the things that happens with reading is it opens your brain up, literally, and takes the lid off and pours things in. And it's different than the television watcher. Yeah. It's amazing to me the number of people that, Zig Ziglar used to say, rich people have big libraries, poor people have big TVs. Ooh.

You know, that's an interesting idea. We'll use that one. Chris Hogan joins us as we talk to everyday millionaires on this Everyday Millionaire Theme Hour on the Dave Ramsey Show. Do you know who is a prime target for identity theft? Your children. Kids have no debts or credit history. Their personal information is just as easy to get, but the theft could go completely undetected for years.

Every day all over the country, young adults are starting down their own path in life by opening a bank account or renting their first apartment, only to find out that they somehow already have credit card debt, a mortgage, or even a criminal record. It's devastating, but it can be fixed when you have an ID theft protection plan from Zander Insurance. They monitor all personal info for the entire family, and they take over all the work if you become a victim. Best of all, your kids are covered for free on their family plan.

Call them at 800-356-4282 or visit Zander.com. It's just the smarter, more affordable way to protect your entire family and it's the only plan i provide to my team zander.com or 800-356-4282 It's a millionaire, everyday millionaire. Theme hour here on the Dave Ramsey Show. Chris Hogan, best-selling author and author of the new book, Everyday Millionaires. It came out this week. Joins me as we book, Everyday Millionaires. It came out this week. Joins me as we talk to real millionaires.

Nathan is in Memphis. Nathan, what's your net worth? $1.6 million. $1.6 million. Okay, break that down for me. How's that invested? It's invested in like 529, the kids' college funds, Roth IRAs. Give me the numbers. How much of the $1.6 million is in the 529?

That's about $160. Okay. What's the rest of it? The rest of it bulks up in the Roth IRAs. We also have an investment account for future things that could come up, weddings, life upgrades, blessing opportunities. So that's an investment account that we've got about $120,000. House is paid off.

We own our own business. What's the house worth? $300,000. What's the business worth? The business is, I really never, you know, looked at the exact cost of the business. I mean, we own the building, which is about a $250,000 building, and we own all of our equipment. We've got eight electrical slash plumbing vans. Gotcha.

A total of eight. All right. Very cool. Very cool. How old are you? 39. 39. Young millionaire. Good for you. Well done.

And how much of this did you inherit? None of it. Zero. Okay. And Nathan, what was your worst income year and what was your best income year? Worst income year, initially starting off before we jumped into some of the challenges, I would be right at $60,000 and best would be right at $120,000. Okay. All right.

And did you attend college? I did not. Okay. Went into trade school. Yeah. Absolutely. Absolutely. Do you remember your GPA in high school?

Oh, no. I was one of those D.F. Honorow people, you know. Okay, so what is your career? What do you do? I'm an electrician. I own an electrical and a plumbing company. Oh, okay. All right, and so that's the trade school that you went to.

Correct, yeah. We branched into the plumbing about two years ago. We've been doing, I've been in trade school. I did the electrical, been doing electrical for 20 years. Got it. Okay. All right, cool. And Nathan, I heard you say that you set aside money to be able to give.

Do you and the family do a lot of giving? We do a lot of giving. It's definitely an opportunity. We have a lot of fun with that, whether it's not just us, but our kids. We recently had a situation with our son, and we were at church, and sitting in church, somebody was speaking. We had somebody speaking there that was food for the poor, and it was an opportunity. You know, he found out if you could feed a kid for a year for $40. And we got home in that afternoon. He said he came and gave us $160 and said he wanted to feed four kids for a year.

I love it. I tell you what, as a dad, that had to make your heart feel good. It definitely made my heart feel good. It definitely lit me up and cheered me up, too, you know. Yes. You know, when we look at it, the biggest challenges that we've had over the, I would say, over their lifetime, we got introduced to Dave Ramsey and all y'all's stuff about nine years ago.

So my oldest is 15, and my youngest is nine years old. So it was life-changing at that point. You know, when we initially started all this nine years ago before going through financial keys, we were actually roughly probably in the hole besides the debt, some bad decisions we made with the business too we're probably roughly about a net worth a negative 350 you've done all this in a decade then correct wow way to go man that's hustle and grind excellent congratulations sir very well done

open phones at 888-825-5225. If you're a millionaire, we're talking to everyday millionaires this hour. It's an everyday millionaire theme hour. Up next is Xenia, and Xenia's in California. Hi, Xenia. How are you? Hi, Mr. Ramsey, Mr. Hogan. It's a blessing to be with you today. Thank you so much.

You too. What's your net worth? Well, our net worth is roughly $2.3 million. Cool. Give me the big pieces of that. How's that invested? So it's almost all in real estate. We've got $2.5 in a house.

We've got another $100,000 in a 403B. And then we do have a $300,000 mortgage. Okay. All right. Cool. Good for you. Good. I see what you're doing. So it's all in this house? It is. Okay. All right. Welcome to California real estate.

I hear you. And you're how old? I am 43. Okay. Cool. And how much of this money did you inherit? Unless you inherited the house, I don't guess you did, right? No. At some point, we inherited about $50,000, but that wasn't significant in the process. So did you just buy the real estate cheap, and it went way up, and that's how you became a millionaire?

So there's a little back story. We actually have lived on the property for almost 25 years, and my in-laws originally bought it and owned it, and we lived next door to them in a rental for a long time. And then they both suddenly got ill, and we had to move in with them and take care of them and they passed away and we had to buy the property and going through that whole process together and so it just happened to be that it was at the bottom of the housing market here in California. So what they owed on it was what it was worth.

Okay. So in essence, we took over the mortgage. Right. But, and then the housing market, of course, has rebounded. And you've paid off the mortgage. We have not paid off the mortgage. Oh, no, no. You've got $300,000 left. you've got $300,000 left. You've got $300,000 left.

Okay. Yeah. All right. Very cool. So, but I also have an unusual story because I am also, as of yesterday, debt-free except for the mortgage. Wow. Good for you. So, Kelly's call came at a great time. But we went to your, well, two years ago, I led SPU at our church.

Okay. And very excited about the program. We were debt-free at the time. And I did everything and went through all the steps, you know, did a month of budgets, but I did not budget consistently. And I am here to confess. I didn't budget consistently. And then we had an emergency fund, but we planned a trip and I didn't have quite enough to make the trip. And so I dipped into an emergency fund, but we planned a trip, and I didn't have quite enough to make the trip. And so I dipped into the emergency fund to cover the trip, and Murphy did not only move in, he brought an army.

That'll teach you more. Everything in the property broke in three months. Wow. A well pump, a pool pump, a utility cart, everything. And so I learned my emergency fund lesson. My husband is the saver, not me.

What are your all's careers? So we are, my husband is an Orthodox priest. He's a pastor here at our church. And I'm a stay-at-home mom. And what's been your range of income in your working lifetime? Our range of income has been from $12,000 to top out at about $72,000. Gotcha.

Okay, so it's all back to this house, and then your advice is if you're going to be a millionaire, even then you better be on a budget and be with your emergency fund. Am I hearing you right? Yes, sir. Game on. I paid off $25,000 in three months when we saw you in San Francisco. Very cool. That was good. Thanks for calling in. We appreciate the confession. This is the Dave Ramsey Show. Your goal this year is to get rid of your debt, but here's the deal.

In order to keep your momentum going past January, you have to make small changes that get quick results. That's why you need to attack your debts smallest to largest. I also recommend you look for ways to find extra money to pay off your debt sooner. It's there, I promise you. Take a look at your mortgage. If you call my friends at Churchill Mortgage and request a five-minute checkup, they can help you find extra money. Churchill Mortgage Checkup has helped thousands of my listeners save big.

In just a few minutes, the Churchill team can tell you how much cash they can potentially save you or they can restructure your mortgage to pay it off early. Become debt-free in 2019. Call Churchill today at 888-LOAN-200 or visit ChurchillMortgage.com for your Churchill checkup. This is a paid advertisement. NMLS ID 1591.

NMLS ConsumerAccess.org. Equal housing lender. 761 Old Hickory Boulevard, Brentwood, Tennessee, 37027. It's an everyday millionaire's theme hour on the Dave Ramsey Show. Chris Hogan, author of the book Everyday Millionaires, joins us as we talk about and talk to real millionaires to find out how real millionaires really did it. See, if you find someone who's lost a bunch of weight and you want to learn how to lose weight, you ask them, how did you do it? You don't ask someone who has a theory about losing weight and obviously still needs to.

You ask someone who has actually freaking done it. And that's what we're doing here. That's called a best practices study. You talk to real millionaires, not your broke brother-in-law with a political opinion. How did you really do it? Where do millionaires really come from? And in the lobby of Ramsey Solutions stands an everyday millionaire. Lee is with us.

Hey, Lee, how are you, man? I'm doing very well. Thank you so much for having me on. We're honored to have you, sir. Where do you live? Durham, North Carolina. Cool. So you're over here for the town hall tonight?

That I am. To hang out with us, huh? Yes, indeed. Cool. Well, we're honored to have you. So what is your net worth, sir? We're at just over $2 million. Okay.

So $2 million. Break that down for me. How's that invested? So $1.5 in retirement accounts, 000 in property and 100 000 in a 529 perfect so the kids college is covered how old are you uh 52 great and how much of this did you inherit zero zero and lee can you tell me this what was your worst income year and your best income year starting when like when we were married it's probably about 65 okay all right and what was your best uh just over 200 just over 200

okay and tell me this just under 300 i'm just under three that's okay what line of work are you at um i'm a professor i'm an anthropologist you are a professor a teacher where do you teach at duke university oh awesome very cool of course durham what am i thinking all right and what's You're an anthropologist. You are a professor, a teacher. Where do you teach? At Duke University. Oh, awesome. Very cool. Of course, Durham. What am I thinking? All right. And what's your degree in?

Anthropology. I can figure that, absolutely. And what was your GPA? As an undergraduate? Yes, sir. Yeah, I was like a 3.4. Okay, all right, all right. And you can still get a PhD like that, huh?

There you go. I picked it up in grad school. I bet. I bet. Well done. Do you and your family do any giving? Yes, we do. We've been giving more as, you know, our net worth has increased and we've paid off the house.

That does free you up to imagine differently. And so we've really just begun our sort of giving journey. Very good. All right, Professor, take us to school. You've got a 25-year-old version of you listening. What should they do? Well, from my perspective, I did not find a career that was just going to pay money right away.

I had a mentor that says, don't go work for IBM. Follow your passion. You can do it, but you always have to have a plan B, and you have to then decide you've got to be among the best in the world if you want to be an anthropologist. There you go. Okay. And it was advice well served, and then doing other leadership. There's just other opportunities that came up, and so I never imagined my family would have this net worth, but just doing what you love, giving back to

others creating opportunity creating knowledge as far as building wealth what did you do to build the wealth we just maxed out retirement and didn't go into debt okay all right that sounds so simple it's you can't max out retirement if you're in debt though right and uh so how long has it been since you've borrowed on a credit card oh 20 years okay all right and um wow and how about new cars how many new cars have you bought before you were a millionaire uh one yeah okay all right so you stayed away from maybe two there's two okay yeah i noticed being unsure there a little bit. Well, he didn't know whether he did it every other million or not. Might have had a million dollars by the time I did the second one. Okay. But now

there's no more car debt. And that's so liberating. Yeah. And no more house payment. That's so liberating. Yeah. And you can build wealth even faster. That's right. What happens is the snowball starts rolling in the right direction. In the right direction. Yeah. Very, very cool. Lee, tell me this.

How did you find your mentor, this person that really put you on that path of thinking? I took classes with him. Okay. And he sort of brought me in and said, you know, you should really think about being a professor, going into the knowledge creation business. And I was pretty good with computers, and I was working, interning at IBM and he said, go to grad school. You should just do this. He said, the world needs

another anthropologist more than they need another computer salesperson. But then I was like, I've got to go more into debt? So it was a real decision point in my life, but it was the best decision I made.

Yeah, wow. Well, congratulations, sir. Well, thank you so much. It's an honor to have you on. We appreciate you stopping by and sharing your story. I'm glad I'm part of this movement to create more hope in America. Thank you, sir. Fantastic. We appreciate you being part of it. Yes. David is with us in Fort Worth, Texas.

David, what's your net worth? Hey, it's just a little bit over a million. A million and 45,000. Okay, 1.1. And break that down for me. How's it invested? What's the big parts? Yeah, the bulk is we have a primary residence, about 350, rental property, about 215,

and then investments is about 480,000. The retirement account is about 300 and 180 after tax. Okay, all right. Very good. Excellent job. So how old are you? I'm 32. Whoa, a young one. I love it.

Very good. So how much of this 1.1 did you inherit? Absolutely none. So what is your income? What's your worst year and best year? I started out at about $65,000, probably peaked around $140,000, $150,000. Okay, so how'd you do this in 10 years of working? That's pretty amazing. Yeah, so I actually took your class, Dave Ramsey, when I was a sophomore in college,

and thank God the church had it, and it was all paper, everything was paper, and went through the baby steps. At my peak, I was in $76,000 worth of debt from college student loans. I was going to school full-time, and I worked two jobs to get it paid off right after I graduated. So I was completely debt-free right after college, and then I just completely went gazelle intensity, the same intensity that it took to get out of debt. I just used that same intensity to just live like no one else, really. I mean, live very different than all of my peers. Well, and you're very different than all your peers.

You're a millionaire at 32 years old, dude. That's impressive. Very studly. So what's your career? So I'm actually an engineer, but I'm transitioning to the financial services industry as a financial planner at a Christian financial planning company. Very good. Mainly to help more people like you've done. I love it.

That's inspiring. Beautiful. I mean, it's amazing. So you're an engineer. Do you remember your GPA? About 3.2. 3.2. Let me ask you this. You said you'd taken the class.

What was the difference between hearing the information? What made you want to go apply it and do it and not just listen? It was honestly the fear and the bondage that I just felt that I was in. I just, when you go to sleep at night, no one teaches you what really debt is. And, you know, I went and got a credit card to pay for things in college. And I didn't really have a concept of what student loan was.

And so when I actually like woke up and like realized like, oh my gosh, I have to pay this back. It was really scary. And that, I just didn't want to live like that anymore. And I just, I didn't want to be like that anymore and i just i didn't i didn't want to be like that um and old people know that i owe people money have you have you relaxed now a little bit my wife may have different opinion you're on a mission i can hear it in your voice

did your parents talk teach you anything about money growing or are you all kind of self-taught by Dave? Unfortunately, they didn't, which is really one of the reasons why I want to be like Dave is to help other people. Honestly, without SPU, I wouldn't know any of this right now. I wouldn't have even had the spark to light this match, this fire that's in me. Well, we're proud of you, sir. You're an amazing young man.

Wow. I'm glad. I'm honored to be part of your story. 32 years old. You were going to go off at something because you were lit. Yes, you were. I mean, there was some stuff happening, man. That's absolutely amazing.

Well done. Yes. So that's a Financial Peace University everyday millionaire right there, baby. Yes, it is. I love it. At 32 years old. Boom. Love it.

Chris Hogan, author of the book Everyday Millionaires, joins us this hour on the Everyday Millionaires Theme Hours. We talk to real millionaires about how they did it. Again, not your broke brother-in-law's opinion. Not your broke friend with a political agenda who has a run in their mouth and knows nothing about what they're talking about. This is the reality. You're hearing it right here. This is the Dave Ramsey Show.

Chris Hogan, author of the book Everyday Millionaires, joins me as we talk to everyday millionaires, people who inherited their money, people who worked and bootstrapped it all the way up. Wherever you got your money, we don't care. We want to hear your story if you have a million-dollar net worth or greater. Up next is Ron and Sharon in San Francisco. What's your guys' net worth? It's $1.7 million. I love it.

Good. Break that down for me. How's that invested? Give me the big pieces. We have $1.2 million in real estate, $430,000 in investments, and $70,000 in cash. Good, good. Well done. How old are you guys? I'm 65. And I'm 71. Very good. Excellent. And how much of this $1.7 million is there because you inherited it? About 31 years ago, I inherited an equity in this home of $150,000 from my father. Gotcha.

That was it. That was 31 years ago. Very nice. Not a bad thing in San Francisco, I'm just saying. Wow. Actually, we're in the San Francisco Bay Area, not in San Francisco. Okay. Actually, like the previous caller, we are SPU millionaires. Okay, tell me about that. Well, my husband and I were making a lot of money, but we were spending every dollar of it. And we started FDU in October of 2010, and we became debt-free, including our house, in February of 2017. And last year, we sat down and figured out that we're millionaires.

We didn't even realize it. I love it. Good for you guys. Well done. Well done. Yeah. Actually, in 2010, up to 2010, I hadn't even really started any kind of real meaningful retirement investments,

so I was nowhere near prepared for retirement. I was like 57 years old. Eight years later, I would be 65 and have to retire. But if I stayed where I was in 2010, there's no way I could have retired. That's right. Yeah, FPU got us debt-free, led us to a debt-free journey, and we ultimately did become millionaires. So what was your income in your 50s then?

Between the two of us, it was $180,000 when we started, and this past year, well, not this past year, in 2017, it was $270,000. Excellent. What do you guys do for a living? I'm an RN working in a cardiac lab. I just retired. And I've been retired since 2006. Okay. And do you remember your GPAs? Yeah, my GPA in school was like 3.2 for nursing school. Okay. And do you remember your GPAs? Yeah, my GPA in school was like 3.2 for nursing school.

Okay. And I did not go to college, and my GPA was about 3.5 in high school. Excellent. Excellent. So I guess, you know, the moral of the story for you guys is that if you're in your 50s and you're wondering if it's too late, Ron and Sharon say it's not. Am I hearing that right? Absolutely. You are so hearing that right. Have we not started off with FPU? I mean, we did it exactly by the book. There was no

compromise. We did it by the book. Sharon is an excellent nerd. She totally compromise. We did it by the book. Sharon is an excellent nerd. She just totally administered that. We always had our budget conferences. We did things very much by the book, none of this hybrid stuff. And it was great. In five and a half years, we knocked out our debt, $322,000, which included the mortgage. And from that point on, things just really have done well. Wow. Very, very well done, you guys. See, that's a question you got back in the old Retire Inspired when that first book came out.

That's right. Is it too late? Yes. And that's a solid answer right there. It is a solid answer. It is not too late. Way to go, you guys. Thank you for calling in. Absolutely amazing. And there a solid answer right there. It is a solid answer. It is not too late. Way to go, you guys. Thank you for calling in.

Absolutely amazing. And there's so many lessons there. Number one, they had awareness of where they were and that they were nowhere near prepared. They sought out help and got it through Financial Peace University. And then, Dave, they followed the recipe. He said, no deviating, no hybrid. You told them what to do, and they went and did it. And she's a good nerd.

He was trying to get brownie points right there. I think he did. I think he got some. Yeah, I think he did, too. I did. He should have. But that's amazing. And so any of you out there listening, if you are behind or you feel like it's too late for you, I want you to hear me.

No, it's not. You know, Ron and Sharon just showed what happens when people get focused because they're not finished. And so you've got an opportunity today. I want you to go get plugged into Financial Peace University. Go to DaveRamsey.com, a nine-week course. You kidding me? Nine weeks you can turn it around like they did and put yourself on solid footing? I'm telling you, sleep with confidence.

Take action. There you go. So Chris will be signing books tonight, the Everyday Millionaire book, How Ordinary People Built Extraordinary Wealth. The book tour continues, and he and I are doing a live broadcast on Facebook, YouTube, and on 63 Sinclair TV stations across America. That part is sponsored by our local Fox 17. As we do a millionaire town hall tonight, together we'll be taking questions from people

on how to do this, what the study revealed, the largest study ever done in North America on millionaires. We completed it here. Chris and our team, over 10,000 millionaires studied, and what the results of that study are. It shows you what they've done, just like we've been asking these questions this hour. And the theme is here. You can hear the theme.

You see it in the book. We saw it in the study. We see it on these calls today. It's there. Tonight, he'll be signing books in Nashville. Then we'll get on the plane and fly to Dallas tomorrow night, Friday night in Dallas, Barnes & Noble, 6 o'clock, Lincoln Park. And $1,000 will be given away. It's fun to give away money, isn't it?

Dave, it is a lot of fun. So I want to remind people, we're going to be giving away $1,000 tonight here in Nashville. But also, my friends in Texas, I want you to come see me. Because someone's walking out with $1,000 that night, 6 o'clock, like Dave said, in Lincoln Park. That's Dallas. And then we'll do the Smart Conference on Saturday in Dallas. Houston is next Monday. Tuesday is Austin.

Wednesday is San Antonio. Thursday is Colorado Springs. The following Friday, the next day, a week from tomorrow will be Phoenix. And then the following week, the next Monday is Los Angeles and San Francisco and Sacramento and Seattle. Chris's tour continues for the Everyday Millionaires book. You guys are going to be busting it all, bussing it. There's a big, beautiful bus sitting outside. There's a massive bus out there, Dave.

Beautiful. Our designers did a fantastic job with it. But I'll tell you, I love getting out to see the people. The sparkle in their eyes. These people are focused. They're hearing us. They're believing us. And they're doing it. And so I can't wait to meet you.

I've got a chance to shake some hands with some people looking in their eyes. And I know they're going to do it. You had several hundred in Chicago at the book signing last night. It blew up. It really was. So I know Dallas. My friends down there, come on. The Cowboys are out of town. Come see me, right?

And let's hang out and have an opportunity to talk to you about this mission. Wow. Cowboys are playing the football, too. They are. People are excited. Yeah. Good thing. It is a good thing.

All right. Well, check it out, guys. Come out tomorrow night, Lincoln Park, if you're in the Dallas market. And go ahead and check ChrisHogan360.com or DaveRamsey.com. You can find the Chris Hogan book tour and find when he's going to be near you. At each one of those stops, $1,000 will be given away, brought to you by SmartVestor Pros in your area. They'll be there as well to answer your questions.

Chris will be answering questions and signing books and come out. No purchase necessary for the $1,000 giveaway. Must be present questions and signing books and come out. No purchase necessary for the $1,000 giveaway. Must be present to win. Must be 18. That's the law and we do follow that. But it's been a lot of fun to track this and watch it happen across your area. You'll see him

on television, hear him on radio all across America as this tour continues. And the bottom line Chris is that we continue to hear this is not inherited money. That's right. Dave, it's a common theme. It's one of those where in talking to people, they just have not inherited it. And people need to realize this and hear it.

It's not a myth. The fact is 79% didn't inherit a dime. These are first-generation millionaires. So if they can do it, you can too. There it is. That's simple. So not bad at all. Chris, thanks for stopping by.

Chris Hogan. Thank you for having me, my friend. Good stuff. This is a Millionaire Theme Hour for The Dave Ramsey Show. This episode is over, but if you heard about a product or service and didn't have a chance to write it down, don't worry. We list everything that is mentioned during this episode in the podcast show notes section. Thanks for listening.