TheDaveRamseysHow.com provides financial advice given by radio host Dave Ramsey
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The Dave Ramsey Show Sponsors
Description
I have an unusual way of looking at the world. My wife, Sharon, says I’m weird, and truthfully – I am weird. But there’s a reason. Starting from nothing, by the time I was 26 I had a net worth of a little over a million dollars. I was making $250,000 a year – that’s more than $20,000 a month net taxable income. I was really having fun. But 98 percent truth is a lie and that other 2 percent can cause big problems, especially with $4 million in real estate. I had a lot of debt – a lot of short term debt – and I’m the idiot who signed up for the trip.
The short version of the story is that debt caused us over the course of two and a half years of fighting it to lose everything. We didn’t tell anyone what was going on, but if we had to do it again, we would learn from the wisdom of others who have been through it. We soon learned that we were not the only ones at the bottom. Barbie and Ken (you know, the couple who appear to be perfect – perfect clothes, perfect car, perfect house) are broke, and I don’t take financial advice from broke people anymore.
After losing everything, I went on a quest to find out how money really works, how I could get control of it, and how I could have confidence in handling it. I read everything I could get my hands on. I interviewed older rich people, people who made money and kept it. That quest lead me to a really, really uncomfortable place – my mirror. I came to realize that my money problems, worries, and shortages largely began and ended with the person in my mirror. I realized also that if I could learn to manage the character I shaved with every morning, I would win with money.
Contact
- Lampo Licensing, LLC.
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- Brentwood Tennessee
- United States 37027
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- 6153718881
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