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, I pastor a small church that is debt-free. Id like for us to save an emergency fund for the church, but Im not sure what would be considered an expense. Can you help?
Dear Dave, I know when it comes to investing you like mutual funds and paid-for real estate. What do you think about using condominiums as investment properties instead of single-family homes?
Dear Dave, My wife and I are following your plan, and were in the middle of the Baby Steps. Do we have to wait until Baby Step 7 to buy a new car?
Dear Dave, Im a senior in high school here in Arkansas, and I think I want to study business in college. Ive gotten an unusual offer from a small, out-of-state school. It revolves around a $3,000 student loan program, where the loan converts to a scholarship if I maintain a grade point average of 3.3 or higher. Tuition at this college costs about $34,000 a year, so I was wondering what you think about the idea.
Dear Dave, Im debt-free except for my house. I make about $120,000 a year, and I have a truck thats worth around $33,000 and a car thats worth $28,000. I dont have an emergency fund, so I was wondering if I should sell the truck to establish my emergency savings.
Dear Dave, My husband and I are just starting to get control of our finances, but we have a problem. My dad has a habit of expecting us to buy things for him.
Recently, I got a speeding ticket. Im also following your plan, so I was wondering if a speeding ticket is a good reason to dip into my emergency fund.
How do you decide whether or not to sell collectible memorabilia when youre getting out of debt?
Dear Dave, Will hospitals take a settlement on past due medical bills, or is this a rare occurrence?
I took a new job less than a month ago. Just the other day, I was recruited by a huge company for the same position that pays twice what Im making now. I didnt apply for the job that was offered; they came directly to me. I didnt sign a contract or promise to work a certain length of time with my current employer, but theyre good people and I want to do the right thing and handle things well. Do you have any advice?
Dear Dave, In your opinion, what causes overspending?
Dear Dave, We have two daughters, and weve started thinking about financial planning for college. What are the differences between an Education Savings Account and a 529 plan?
Dear Dave, My dad and I have been having arguments over real estate and money. My wife and I are 33, and we have a rental property.
Should I ever consider a 5/1 adjustable loan if Im buying a house and plan to pay it off in five years?
Dear Dave, Do I set aside six months worth of paychecks or the amount of my bills for six months when its time to save up my fully funded emergency fund?
Dear Dave, My wife and I are in Baby Step 2 of your plan, and weve got our 20th wedding anniversary coming up in a few months.
Dear Dave, My boyfriend is wondering if he should buy life insurance for his mom and dad.
Dear Dave, My wife received $100 from her parents for her birthday. When I asked what she planned to do with it, she said she was going to add it to her spending money. I think she should put it toward us paying off debt, but I bit my tongue and didnt say anything. Were in pretty good shape financially, so should I mention it or just let it go?
Dear Dave, My wife and I are in our early 70s, and were retired. We have about $136,000 in corporate bonds and $200,000 in mutual funds. Considering our age, should we move the investments into a CD?
Dear Dave, I have two small duplexes in Idaho that I rent for $400 a month, each on one-year leases. The rent is about $50 to $75 below similar units in the area. The tenants in all four places are great, so how do you know whenor ifyou should raise the rent? If you raise the rent, how do you keep good relationships with your tenants?