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Offline Gurus - Dave Ramsey
Number of Customer Reviews for Dave Ramsey: 1
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OnlyCritiques.com Review:
Dave Ramsey show comes on radio and gives details on how to get out of your debts and build wealth from the real estate business. The Dave Ramsey Show, based in Brentwood, Tennessee has been running across 250 stations since 1992 and is on the theme of love, life and earning wealth. He has a wide spectrum of readers of about two million. Besides, he is a prolific author and has lately written The Total Money Makeover, and Financial Peace, Revisited.
Dave Ramsey has done B.S in finance and real estate from the University of Tennessee. He started his company Ramsey Investments, Inc., a brokerage firm that was specialized in foreclosure and bankruptcy. At the age of twenty-six years, he had the net worth of $1 million through real estate investments but when in late 1980’s there was a depression in the real estate business, he was declared personal bankrupt. The banks started calling for their mortgages during the troubled times of 1980s. He has made a detailed review of various techniques adopted by him to avoid bankruptcy and foreclosures on the home. He came up with the company The Lampo Group Inc but this time avoided entangled in the personal debts for acquisition of properties. Soon he started making profits and then his program was aired on 1992 on radio all across the country.
The company The Lampo Group Inc is branched into three operations by him—the Broadcast Division, the Financial Peace University Division, and the H.O.P.E. (or product and Live Events) Division. He has over hundred employees working under him. Unlike debt elimination strategy, he advocated snowball effect that says to mitigate your smallest amount first. He opposes the use of credit cards too. He has appeared often on many TV and radio programs like CNN, the Neil Cavuto program, FOX News live, The Today Show and National Public Radio (NPR), etc.
Dave Ramsey has many worthwhile tips and guidelines. It will be a profitable endeavor by investors to consult him.
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