Desperate and greedy people make the worst financial mistakes.
Published in · 5 min read · Feb 20, 2023
--
AI-assistive technology used
Dave Ramsay, at 26, was bankrupt.
With banks demanding their loans back at short notice, he saw his net worth of $1 million vanish before his eyes.
It proved to be his turning point.
And it led him to become one of the most well-known and respected voices in personal finance.
With a net worth of $200 Million, Ramsay says he’s helped over 10 million people manage their debt.
Simple pleasures are the things that make life worth living for Ramsay.
He’s a car enthusiast.
A family man.
An avid Coffee drinker.
And a dog lover.
The evangelical Christian describes himself as culturally conservative with his finances and passionately hates credit cards for obvious reasons.
His motto is to get people to budget, beat debt, save and invest. His approach to investing is that slow and steady wins the race.
