Dave Ramsey is a personal money management expert, popular national radio personality and the author of three New York Times bestsellers – The Total Money Makeover, Financial Peace Revisited and More Than Enough. In them, Dave Ramsey exemplifies his life’s work of teaching others how to be financially responsible, so they can acquire enough wealth to take care of loved ones, live prosperously into old age, and give generously to others.
Dave Ramsey knows first-hand what financial peace means in his own life, having lived living a true rags-to-riches to rags-to-riches story. By age 26 he had established a $4,000,000 real estate portfolio, only to lose it by age 30. Dave Ramsey has since rebuilt his financial life and now devotes himself full-time to helping ordinary people understand the forces behind their financial distress and how to set things right - financially, emotionally and spiritually.
Dave Ramsey offers life-changing financial advice as host of a nationally syndicated radio program, "The Dave Ramsey Show," which is heard by three million listeners each week on more than 300 radio stations throughout the United States. Dave Ramsey's syndicated column, “Dave Says” currently has a circulation of more than 5,000,000 in publications worldwide.
Dave Ramsey is the creator of Financial Peace University (FPU), a 13-week program that helps people dump debt, get control of their money and learn new behaviors with money that are founded on commitment and accountability. More than 260,000 families have attended FPU classes at their workplace, church, military base, nonprofit organization or community group. The average family pays off $5,300 in debt and saves $2,700 in the first 91 days after beginning FPU and is completely our of debt – except for their mortgage – in just 18 to 24 months.
Dave Ramsey created a group of products in an effort to teach children about money before they have a chance to make mistakes. Financial Peace for the Next Generation is an all-inclusive school curriculum that is currently in more than 1,500 schools across the country. Financial Peace Jr. is an instructional kit designed to help parents teach their young children about working, saving and giving their money. Through Dave Ramsey's entertaining children's book series, The Super Red Racer, Careless at the Carnival, The Big Birthday Surprise, My Fantastic Fieldtrip, A Special Thank You and Battle of the Chores, children learn about working, saving, giving and spending money.
Dave Ramsey earned his Bachelor of Science degree in Finance and Real Estate from the University of Tennessee. A frequent speaker around the country at large-scale live events, Dave Ramsey is a passionate and inspiring presenter who is at ease on both sides of the mic. More than 500,000 people have attended Dave Ramsey's live events.
Dave Ramsey resides with his wife, Sharon, and their three children, Denise, Rachel, and Daniel, in Nashville, Tennessee.
Dear Dave, Ive heard you talk about extreme spenders and extreme savers. Exactly what do these terms mean?
Dear Dave, My wife and I moved to Washington, D.C., about a year ago, and wed like to put our old place in North Carolina that weve been renting on the market. Well be asking around $140,000 for it, so do you think we should consider professionally staging the home?
Dear Dave, Why do you say that personal finance is 80 percent behavior? I thought money was more about math and keeping track of things.
Ive worked in a hospital as a nurse for 10 years. I make good money working long hours. The problem is that it seems to disappear, and Im left trying to stretch those last few dollars to the end of the month.
For more than 20 years, Ive had the honor of helping millions of families take control of their money and stop drowning in debt. Its been awesome to see so many people change their lives!
Dear Dave, I own a small business specializing in cell phone repair. Sometimes I buy phones and parts on eBay.
Dear Dave, My wife and I really got serious about your plan. We even sold our house to become completely debt-free. Now, were trying to help my mom and dad.
Dear Dave, My wife and I are recent graduates with advanced degrees. We also have about $300,000 in student loan debt. Were thinking about buying a rental property, and the plan is to get a mortgage with monthly payments of $400 and charge $800 in rent. We could use the extra to help pay off our debt. Do you think this is a good idea?
Dear Dave, Im 61 and on disability, but Im completely debt-free and I have more than $1 million in assets. I even try to spend no more than four percent of the principal each year, so I dont dip into it. I need to buy a better car, and I realize that I have three options pay cash, do a lease or finance the vehicle. What do you suggest?
Raises are almost as much fun to give as they are to receive.
Dear Dave, Weve made an offer on a house we really like through a first-time buyers program. Now, after looking over our budget and debts again, my wife and I are having second thoughts. We havent signed or turned in any paperwork yet. What do you think we should do?
Dear Dave, My wife and I are thinking about selling our home. I was recently let go from the military due to downsizing, and Ive begun a job in real estate but things are starting slowly. My wife brings home about $3,500 a month as a teacher, and the only debt we have is our house payment of $1,616 a month. I was given a $35,000 severance package, but we need some advice to help bridge the financial gap. Any ideas?
Dear Dave, What percentage of your total net worth should your personal residence be during retirement?
Dear Dave, My husband and I are both 50, and we make about $50,000 a year. We have a little bit of debt, and recently my mother-in-law moved in with us due to health issues. Weve always gotten by, but now were struggling with the additional expense of having her with us. We love her, but were unsure what to do financially. Do you have any suggestions?
Dear Dave, I have two credit cards. One charges me an annual fee of $79 and the other a fee of $39. Should I cancel these and not worry about my credit score? Id like to buy a house in the next two or three years.
Dear Dave, Im self-employed, and I travel about 30,000 miles a year in my van. Im three payments away from having the vehicle paid off, but it has 170,000 miles on it. Do you think it would be a good idea for me to buy a new van and have the tax advantages that would go along with it?
Dear Dave, Recently, I met a young man who was put out on the street when he turned 18. He lives on food stamps and $10 a week. My wife and I are on Baby Step 7 of your plan and have a great income, and our whole family feels called to help this kid maybe even taking him into our home. Do you have any advice?
Dear Dave, My husband broke a few ribs and his collarbone a couple of years ago when he flipped our ATV. Hes fine now, but we still have about $20,000 in medical bills because we were both between jobs and didnt have medical coverage when the accident occurred.
Dear Dave, I have a relative who recently entered a rehab center to treat her drug addiction. Ive been trying to help with things on the outside, and recently I discovered she has about $20,000 in debt. This is in addition to the rent owed on her apartment. I dont have a lot of money, but do you think I should start trying to pay some of these bills for her?
Dear Dave, I own a rental property that brings in enough to pay the taxes and insurance with a little left over. Recently, I found out that my tenant, who just signed a new two-year lease, is subleasing the property for the short term as a vacation site.