I have spoken to countless people who reference him as one of their first steps in the right direction. If you are struggling financially and just can’t seem to find your feet and are always living paycheque to paycheque, when you stumble upon Dave Ramsey it’s a real “ah-ha” moment for many. The reason that I said that you will be either 1, 2 or 3 is that: Number 1’s He literally started from nothing and today he teaches “common sense for your dollars and cents” and is known to say that he “gives the same advice your grandma would give”.

He created a simple plan which he called The 7 Baby Steps to help others change the behaviours that were keeping them poor and to help them get out of debt and stay out of debt, forever.

This sent him on a mission of learning, to discover everything he could about money, how to earn it and most of all how to keep it and as he acquired this knowledge he began to share it and to teach others to avoid the mistakes that he and many others had made. With a wife and a young family to support he was at rock bottom. The difference between these two numbers was a whole heap of debt and that is what came back to bite him and he was forced into bankruptcy, giving him a massive wake up call. In his mid 20’s Dave had used purchasing property to grow his net worth to over $1 million dollars by acquiring real estate worth $4 million dollars. He hates debt and he learned the pitfalls of it the hard way. They are based in Tennessee and employ hundreds of people with their primary focus to teach people to win with money. He has a huge company called Ramsey Solutions and within it, he runs a radio show/podcast/Youtube, hosts live events, writes books, runs financial classes and has several offshoots of all of these with various other ‘Ramsey Personalities” who talk on all sorts of money related topics. Oh, yes, I vaguely know who he is, I’m already on a journey to be better with my money and I’m hashing out my own plan - I might learn something here?ĭave Ramsey is a big deal in the personal finance space in America. Who is Dave? I might read this could be interesting!

I predict that you will fall into one of three categories: When this blog post arrives in your inbox it will elicit a certain response and that will determine if you even read this blog post or not. This month I finally read his book The Total Money Makeover: A Proven Plan for Financial Fitness It was inevitable that one day I would write a blog post about Dave Ramsey, but it has taken me over three years to get around to it.

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