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 started my four-year-old on an allowance structure and a chore chart. I also have a mini-envelope system with spending and saving set up, but Im having trouble helping him distinguish between the two. How can I solve this?
Dear Dave, Ive been following your plan, and Ive finally gotten out of debt and feel I have control of my finances. Im also single, and I was wondering if you have any tips for how to gracefully mention financial topics and budgeting when youre on a date.
Dear Dave, Do you recommend having people keep their W2 numbers as close to their tax return numbers as possible, even if they might have to pay at the end of the year or have more taken out?
Dear Dave, My husband was laid off a month ago from a job making $80,000 a year. We have no debt except our house payment.
My wife and I recently followed your plan and became debt-free, and were committed to never going back there again.
Dear Dave, What kinds of insurance should I avoid?
Dear Dave, My fianc and I are getting married in May. Hes a youth pastor, and Im in grad school. His mom and dad found a home they think well like, and they want to gift us money for a down payment. Im not sure how I feel about this under our present circumstances. Do you think we should go ahead and accept when Ill still be in school and well still have debt to pay off?
Dear Dave, I havent spoken to my mom and sister in more than six months. Over time, I realized we have a real clash of moral values that has led to arguments and hard feelings.
Dear Dave, I work as a software developer, and recently a co-worker approached me about starting a side business together.
Dear Dave, Im starting a side business of putting up Christmas lights for people. Will I need to get a business license?
Dear Dave, I woke up this morning and realized I havent started Christmas shopping yet. Ive been listening to you for a long time, and I dont want to fall in the trap this year of paying outrageous prices for things just because I have waited until the last minute. Can you give me some tips on how to save on Christmas gifts and not overspend?
Dear Dave, Do you view personal debt and business debt the same way? I have about $210,000 in farm loans that are mostly tied up in land I rent to farmers. Its the only debt I have, and the rental prices supply me an income of about $200,000 a year.
Dear Dave, I started working your plan earlier this year. I even budgeted for Christmas and got my shopping done early, but in the process I overspent and blew my whole monthly budget. Now Im having a hard time getting motivated again. Do you have any suggestions?
Dear Dave, After struggling with it for several years, I finally made the last payment on my Sallie Mae student loans this week. Do you think I should ask for a formal letter stating that its officially paid off?
Dear Dave, The guy who has been my best friend since grade school recently asked me to loan him $5,000. All I have in savings in $5,000, but I would be willing to give him $1,000. The problem is that while hes a great friend with a good heart, hes always getting himself into binds when it comes to money. Do you think I should give him $1,000?
Dear Dave, How do you have a wedding without debt?
Dear Dave, My wife and I are on Baby Step 3 of your plan. When we have standard car repairs, I want to use the emergency fund. She says that kind of thing isnt an emergency, and we should just put it off as long as possible while saving up to fix the problem. Whos right?
Dear Dave, Ive been trying to get control of my money, and the other day I was looking at your plan. Where does buying a house fit into the Baby Steps?
Dear Dave, My husband and I are about to relocate to another part of the country. Wed like to sell our house, but were thinking about taking out a small loan to have some work done first. We could get in the $180,000 range selling it as-is but closer to $200,000 if we installed new roof, carpeting, exterior paint and concrete work. I know how you feel about debt, but what are your thoughts in this scenario?
Dear Dave, I work as the executive director of a nonprofit charitable organization. Lately, Ive been wondering if I should hire an employee as a development person. I dont want to damage the work we do, and I cant help but look at bringing in someone new as a gamble. Do you have any suggestions? How do you handle situations like this?