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International Business Times UK
International Business Times UK
Vinay Patel

Want To Be A Millionaire? Dave Ramsey Says To Start By Turning Off Your Television, Here's Why

The S&P 500 index has offered much higher returns than mutual funds in the past decades.

In a recent post on X, financial expert Dave Ramsey revealed one of his top tips for aspiring millionaires: turn off your television. Ramsey's advice might seem surprising, but his reasoning goes beyond a simple anti-TV stance. According to Ramsey, financial success begins with lifelong learning, and one of the best ways to achieve this is by reading consistently.

Ramsey, the 64-year-old financial coach known for his no-nonsense advice, believes that spending time on self-improvement, especially through reading, is crucial to building wealth. "The average millionaire reads a nonfiction book every month," he shared, emphasising that wealthy individuals are often focused on self-education rather than mindless entertainment. His advice to his followers: make reading a daily habit, dedicating 30 minutes each night to acquiring knowledge that could improve their future, according to Ramsey on X.

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