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

Freedom Pact

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: [e-mail] https://Tiktok.com/personaldevelopment