Dave Ramsey says the "typical millionaire lives in a middle-class house, drives a two-year-old or older car, and buys blue jeans at Walmart" - and he's spot on

"Dave Ramsey's advice promotes living debt-free and emphasizes that disciplined financial management can lead to stability and wealth accumulation in the long term."

"With his focus on easy-to-understand financial principles, Ramsey encourages individuals to take control of their finances through budgeting and emergency savings, paving the way to financial freedom."

Read at 24/7 Wall St.