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Money Peach

The Money Peach Podcast is a weekly show hosted by Chris Peach, the founder of the award-winning blog and personal finance website - Money Peach. What you can expect from this show: Chris Peach is an advocate for everyday people who want to know how to manage the everyday money. He believes the financial world is broken and it’s meant to be confusing - the less you know the more they (the financial world) makes. How it all started: Chris Peach was once struggling financially himself. In 2011 he was living paycheck to paycheck, facing $52,000 in consumer debt, and didn’t have a clue of what to do next. After learning the right way to manage the money and creating a plan, Chris paid of all of his debt and has never looked back. He's been showing people how to do the same ever since. Every Friday, Chris brings someone on the show to talk about money. From budgeting, to saving, to making more, and even some incredible stories to motivate your form real-life, everyday people who are winning with money. This is the show for the everyday, hard-working, people who want someone to show them what to do and how to do it...and in terms we can all understand! Welcome to the Money Peach Podcast!
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Now displaying: 2019
EP124: The Everyday Millionaire with Chris Hogan 0
Jan 14, 2019

Dave Ramsey personality Chris Hogan is coming on the show today to explain how the everyday normal guy can in fact become a millionaire.

Now, before you raise your eyebrow at me - let me be clear on what a millionaire is…

A millionaire does NOT mean you earn a million dollars per year.

Instead, Chris explains that a millionaire is simply someone who has a NET WORTH of a million dollars or more. This means if you take their assets (what they own) and subtract their liabilities (what the owe), these people would have a net worth of a million dollars.

With that said, let’s dive into what this episode…

With the help of the Dave Ramsey team, Chris studied over 10,000 people with a net worth of a million dollars or more to find out…

  • What they do for a living
  • Self made millionaires or inherited millionaires
  • How much money they make in a single year
  • Where they are investing their money
  • What age they become millionaires
  • What age they go completely debt free
  • What kinds of cars they drive
  • Their everyday spending habits
  • And their daily habits

 

To be honest - some of these will absolutely shock you - especially when you find out what some of these millionaires do for a living, how quickly they pay off their mortgage, and how much they spend going out to eat.

All the show notes, links and anything Chris and I mentioned can be found at https://www.moneypeach.com/session124 

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