The Ramsey Show

It’s Never Too Late to Start Building Wealth

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Jan 20, 2025
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ADVICE

Financial Advice for Homeownership and Retirement

  • Increase income to create more margin for saving and investing.
  • Invest 15% of income in retirement, prioritize down payment, and consider lower-cost housing.
ANECDOTE

Scam Story

  • Gene lost a significant amount of money through a scam involving a friend.
  • He co-signed a car loan and sent money for a surgery that never happened.
ADVICE

Moving Forward After a Scam

  • Let go of the past and forgive yourself for financial mistakes.
  • Focus on the next right thing and take responsibility for your financial situation.
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