Reported about 1 month ago
In a recent discussion, Dave Ramsey highlighted that many teachers earning around $60,000 annually are accumulating significant wealth despite their modest salaries. According to the 'National Study of Millionaires' from Ramsey Solutions, the key lies in financial planning rather than high incomes. With over 79% of millionaires not inheriting their wealth, but rather making wise investments such as 401(k) plans and utilizing high-yield savings accounts, Ramsey emphasizes that disciplined spending habits and careful investments can lead to financial security, debunking the myth that only high earners can achieve wealth.
Source: YAHOO