Financial expert Dave Ramsey believes young Americans can become millionaires by saving and investing wisely.

From Yahoo Finance: 2025-04-13 06:55:00

Financial expert Dave Ramsey believes that every young American has the potential to become a millionaire by saving and investing wisely. By contributing just $100 a month into growth stock mutual funds, Ramsey’s calculations show that a nest egg of over $1 million can be achieved in 40 years. Despite recent market volatility, Ramsey’s advice is based on historically solid growth rates of index funds. While challenges like rising living costs and stagnant wages persist, starting early and making modest investments can lead to financial security in the future. Take control of your finances, Ramsey advises, and start saving now.



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