{"id":340606,"date":"2025-12-10T07:44:17","date_gmt":"2025-12-10T07:44:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/340606\/"},"modified":"2025-12-10T07:44:17","modified_gmt":"2025-12-10T07:44:17","slug":"dave-ramsey-warns-that-earning-85k-doesnt-guarantee-wealth-if-you-watch-38-hours-of-tv","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/340606\/","title":{"rendered":"Dave Ramsey Warns That Earning $85K Doesn’t Guarantee Wealth If You Watch 38 Hours Of TV"},"content":{"rendered":"\n

Personal finance expert Dave Ramsey says many Americans fail to build wealth despite earning a decent income because they don’t intentionally manage their money or practice financial discipline.<\/p>\n

Talking about the importance of intentionality and paying attention to one’s finances on “The Ramsey Show,” he said<\/a> people often end up “broke” because they don’t plan their spending carefully and move from one impulse to the next instead of managing their money thoughtfully.<\/p>\n<\/p>\n

Don’t Miss:<\/p>\n

“Bother to care, tell your money what to do,” Ramsey said. “Don\u2019t be sitting down and looking at your tax return and going, \u2018We made $85,000, would somebody tell me where it went?’ Well, you lost it because you had no idea what you were doing; you were lost as a ball in tall weeds. You watch 38 hours of television every week. You know exactly who got thrown off the island, but you don\u2019t know what happened to your $85,000.”<\/p>\n

Ramsey said that deliberately focusing on something and dedicating time leads to real results. He thinks people making as much as $150,000 can still have “nothing” because they live on impulse.<\/p>\n

“You live impulse to impulse,” Ramsey said. “Thank God it\u2019s Friday, Oh God it\u2019s Monday. I know I used to do this stuff, and you\u2019re freaking broke. Make $80,000 a year, got nothing. Make $70,000 a year, $50,000 a year, $150,000 a year, got nothing, because you didn\u2019t bother. Intentionality moves the needle.”<\/p>\n

Trending: $100k+ in investable assets? Match with a fiduciary advisor for free to learn how you can maximize your retirement and save on taxes<\/a> \u2013 no cost, no obligation.<\/p>\n

Ramsey said it’s possible to retire a millionaire by consistently investing just $100 a month over several decades.<\/p>\n

“One hundred dollars a month from age 25 to age 65 in a decent growth stock mutual fund, put it in a Roth IRA, you\u2019re going to have $1,176,000 if it averages 12%,” Ramsey said. “There\u2019s no excuse to not retire a millionaire in this culture.”<\/p>\n

Ramsey thinks people are unable to become wealthy because they are not taking control of their finances and instead look for external factors to blame for their lack of wealth. He said that when he was struggling financially, he used to blame others, but eventually realized he had to take responsibility for his mistakes and fix them.<\/p>\n","protected":false},"excerpt":{"rendered":"Personal finance expert Dave Ramsey says many Americans fail to build wealth despite earning a decent income because…\n","protected":false},"author":2,"featured_media":340607,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,155,147,530],"class_list":{"0":"post-340606","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-dave-ramsey","10":"tag-personal-finance","11":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/340606","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=340606"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/340606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/340607"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=340606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=340606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=340606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}