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#326: George Kamel - 7 Realistic Money Rules To Go From Broke To Millions

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Manage episode 409809661 series 2403126
Content provided by Freedom Pact Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Freedom Pact Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
George Kamel is a renowned Ramsey Personality and personal finance expert. His journey from a negative net worth to millionaire status in under a decade is not just inspiring, it's a blueprint for financial success. He shares how he got there and much more in this episode. Timestamps: 00:00 - George’s path to being a millionaire 02:36 - The new normal is to be broke 04:10 - Why is Robert Kiyosaki bragging about being in debt? 06:15 - Why people go into debt 08:53 - How debt affects people psychologically? 13:13 - How to get out of debt 17:28 - Should you pay off your creditors or buy food first? 19:11 - Why you need to be HOPEFUL to become rich 22:00 - Lessons from the biggest study ever done on millionaires 23:02 - The boring path to wealth 25:30 - The STAGGERING power of compound interest in building wealth 30:10 - Avoid these investing traps 33:30 - The best wealth building professions, side-hustles and tactics 38:10 - Why you shouldn’t own a credit card 41:01 - Don’t go into debt for social experiences 43:30 - What makes George’s life worth living 45:05 - Connect with George Connect with George: ( @GeorgeKamel ) facebook.com/OfficialGeorgeKamel instagram.com/georgekamel tiktok.com/@george.kamel twitter.com/GeorgeKamel Connect with us: Connect with us: https://freedompact.co.uk/newsletter​ (Healthy, Wealthy & Wise Newsletter) twitter.com/freedompactpod Email: freedompact@gmail.com https://Tiktok.com/personaldevelopment
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337 episodes

Artwork
iconShare
 
Manage episode 409809661 series 2403126
Content provided by Freedom Pact Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Freedom Pact Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
George Kamel is a renowned Ramsey Personality and personal finance expert. His journey from a negative net worth to millionaire status in under a decade is not just inspiring, it's a blueprint for financial success. He shares how he got there and much more in this episode. Timestamps: 00:00 - George’s path to being a millionaire 02:36 - The new normal is to be broke 04:10 - Why is Robert Kiyosaki bragging about being in debt? 06:15 - Why people go into debt 08:53 - How debt affects people psychologically? 13:13 - How to get out of debt 17:28 - Should you pay off your creditors or buy food first? 19:11 - Why you need to be HOPEFUL to become rich 22:00 - Lessons from the biggest study ever done on millionaires 23:02 - The boring path to wealth 25:30 - The STAGGERING power of compound interest in building wealth 30:10 - Avoid these investing traps 33:30 - The best wealth building professions, side-hustles and tactics 38:10 - Why you shouldn’t own a credit card 41:01 - Don’t go into debt for social experiences 43:30 - What makes George’s life worth living 45:05 - Connect with George Connect with George: ( @GeorgeKamel ) facebook.com/OfficialGeorgeKamel instagram.com/georgekamel tiktok.com/@george.kamel twitter.com/GeorgeKamel Connect with us: Connect with us: https://freedompact.co.uk/newsletter​ (Healthy, Wealthy & Wise Newsletter) twitter.com/freedompactpod Email: freedompact@gmail.com https://Tiktok.com/personaldevelopment
  continue reading

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