Dave Ramsey On Why $60K-Earning Teachers Often Become Millionaires

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'You Can't Earn Your Way Out of Stupidity': Dave Ramsey On Why $60K-Earning Teachers Often Become Millionaires

‘You Can’t Earn Your Way Out of Stupidity’: Dave Ramsey On Why $60K-Earning Teachers Often Become Millionaires

Schoolteachers, often underappreciated and underpaid, have long been society’s unsung heroes. Despite their modest salaries, many teachers are quietly building significant wealth. According to a research project by Ramsey Solutions called the “National Study of Millionaires,” many teachers are finding their way into the millionaires’ club.

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Dave Ramsey, a respected voice in personal finance and CEO of Ramsey Solutions, brought this surprising trend to the limelight. “You don’t have to make a huge income to build wealth,” Ramsey said. “You can’t earn your way out of stupidity.” His words underscore a surprising reality: Many millionaires are not high earners but smart planners.

See Also: The number of ‘401(k)’ Millionaires is up 43% from last year…

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