Who is Dave Ramsey? Host of Dave Ramsey Show Straight answers;
keeps it simple Author of Multiple Books Total Money Makeover;
Financial Peace University Financial Peace University 13 week
course for adults Others Entre Leadership, Live events, HS
Curriculum
Slide 5
Pick your Future?! Example A 35 years old; Married and 2 kids 2
car loans $50,000 Student Loan Debt Boat (with a loan on it) No
college savings for kids Roth IRA each put in $100/month Emergency
Fund What is that? Revolving Credit Card Debt of $3000
Slide 6
Example B 35 and married with 2 kids No Student Loan Debt You
drive PAID for Cars Your home is paid off NO MORTGAGE Max out Roth
IRA (currently $5000/yr) Monthly contributions to kids college You
have a boat just no loan 6 months emergency fund No Credit Card
Debt (Dont even have one)
Slide 7
Society tells us. Always have a car payment Extend the Mortgage
out need tax break Compete with friends/neighbors NOW we dont think
of retirement
Slide 8
Ramsey tells us Pay cash for cars No credit cards You dont have
to worship FICO score Mortgage is it a great tax break NO! Save $
Live on less than you make Set up a monthly budget
Slide 9
Debt Free Friday Callers call in to show and share their
stories of becoming debt free Students love it. They may not
totally understand sacrifices made but starts some very good
conversations My favorite one!
Slide 10
The Curriculum Videos
http://www.daveramsey.com/school/foundations-samples/ Workbook
Worksheets Tests and quizzes State Standards and Benchmarks
Daveramsey.com/school/foundations-standards/ Increased our numbers
in class