Even Financial Advisor Dave Ramsey Had to File for Bankruptcy

 

Even Financial Advisor Dave Ramsey Had to File for Bankruptcy

Personal finance advisor and national radio host Dave Ramsey is a multi-million dollar business owner. According to his official website, Ramsey Solutions has served over 3 million people while The Dave Ramsey Show reaches over 17 million weekly listeners. He is one of the most prominent voices in the world of finance.

 

Many people think that bankruptcy is something only poor or irresponsible people use. The reality is that many wealthy, responsible people have gone through this process at some point in their past. Dave Ramsey is no exception.

 

David Lawrence Ramsey III was born in 1960 in Antioch, Tennessee. His lessons in business and finance began at an early age. Ramsey shared an anecdote in the 20-minute Live Like No One Else documentary detailing his life. He discussed asking his father for money to buy a popsicle when he was 12 years old.

 

Rather than hand over the meager sum, his father instead turned it into a life lesson by saying “You are old enough to get a job. That’s where money comes from.”

 

This conversation inspired Ramsey to develop his entrepreneurial skills. That same day, he went to a local print shop and had 500 business cards made for his newly created lawn care business. He dabbled in many other ventures throughout his schooling, including one where he sold leather bracelets.

 

These experiences taught him not only how to earn money, but the value of keeping your word and providing good customer service.

 

Ramsey set his sights on a higher education and decided to follow in his parents’ footsteps. Just three weeks after he turned 18, he passed the test for his real estate license. bankruptcy lawyer

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