Dave Ramsey

Added on 02/19/2006
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35 Reviews

jerryskids
08/02/2012

Dave Ramsey 4

Smart guy. Makes some amazing points in his lectures. (Too much religious banter for my tastes but if that's what you like guess it's no harm done.) Learned a lot from this genius on how evil credit cards are!!!! :)

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Boru
09/13/2011

Dave Ramsey 3

PROS:
Ramsey's financial peace advice is effective. People call it simple, but not only is DR's finanicial plan somewhat sophisticated for the average Joe (budgets, prioritizing, etc.), but, more importantly, it is also VERY HARD to do. As with many "simple" plans, developing the psychological setting and strength to execute the plan is very hard. And THAT is precisely what Dave's advice is effective at...the psychology of getting financially at peace...which, if you are married, goes way beyond money. It dramatically improves your marriage.

For example, the *how* to lose weight is simple: exercise and eat better. But actually doing it requires a lot of psychological work for people.

So those who think Dave's Finanical Peace plan is simple, you either don't understand the pyschological barriers most people have or you are arrogant...probably both.

Thanks to DR's plan, my wife and I paid off all of our $62k of debt and improved our marriage!

ALSO, his advice on mutual funds really helped me. His advice is *simple*: buy mutual funds that both have been around awhile (ten years) AND had a good long-term rate of return. It does sound simple, but nearly all investors dream of get that one winner right after it is issued. That's where most people screw up...buying single stocks and young unproven mutuals.

Anyway, I got into a few of those types of mutual funds right in 2007. In 2008, the economy went down the tubes. But I didn't lose that much and what I lost, I regained plus a lot more WAY before the market bottomed out.

Still, I don't like the market anymore. I've lost faith in it. So I started investing in other things that I have control. For example, education.

CONS:
Oh boy. It's as if he helps you free up large sums of cash (getting debt free) so you can give it to him! Like any con man, he gets you to trust him, then monetizes that trust.

Due to my success, I was drawn to work with Dave Ramsey as an ELP or other function. Yikes. Despite his advice to not pay for training (that it's the company's responsibility to train you), he requires you to pay for training. Thousands of dollars.

Dave also monetizes his trust by driving people who trust him to certain companies, whom surely pay him for the endorsements: insurance, ezmeals, legal forms, gold stash, computer security companies, and even a MORTGAGE COMPANY. Dave preaches absolutely do not get into debt, then pushes a mortgage company. WTF!

Dave is immature. All too often, his inner child comes out and reeks havoc destroying relationships and creating grudges...and he likes it that way. For example, when a caller asked him about Peter Schiff, Dave went off needlessly bashing Schiff's father and dismissing anything Peter had to say. When Peter pushed gold and was right, Dave really dug in his heels. Now, despite Peter guessing right about gold, I actually agree with Dave that gold, being a single investment, is about as dumb an investment as buying a single stock. Anyway, out of spite, Dave partnered with a gold *selling* company to really stick it to gold bugs.

Most of all, he unnecessarily butts heads with the people works with, often because he lets his wife meddle in affairs she doesn't understand. He loses a lot of support with his personality flaws.

Further, he tries to make every little job commission-based...which means that unless all commission are all perfectly structured, or lots of people get screwed if they fail in one of dozens of factors. That echos that con man business strategy. Dave requires his people to work on commission, yet he gets paid up front via paid training. Hmmm.

I did not get into his ELP program, but I found plenty of folks who said they have on the Internet. Their take of the ELP program differs from formerELP's opinion on this board. Some love it, some found it too restrictive...but I found no mention of an monthly endorsement fee...in fact, I found one guy who responded to the question of a fee, "We don't pay anything to be an ELP, we just pay Dave a referral when the client closes." If true, that is pretty standard.

SUMMARY:
As nearly EVERYONE on the planet says, Dave's Financial Peace plan works (even if simple).

But don't fall in love with Dave...fall in love with his philosophy of reason and morality.

If you go beyond Financial Peace and further into Dave's world, tread carefully.

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Votes on this review: 1 Helpful / 0 Funny / 1 Agree / 0 Disagree

formerELP
11/24/2010

Dave Ramsey 1

I'm a former insurance "endorsed" local provider. I'm very familiar with the Ramsey organization, after 6+ years as an ELP. I finally terminated my ELP contract because I simply could not afford the ever increasing fees I paid to be endorsed. That's right - the endorsements are sold, not earned as Ramsey claims. The hundreds of Ramsey clones I worked with over the years assumed I'd been vetted through a thorough, rigorous interview process. Yeah right! Their main concern was getting access to my bank account so they could draft that $1,000+/month fee.. I always felt a bit awkward paying money to be endorsed, especially since Dave's listeners aren't informed of this and are led to believe Dave chose the ELP because of certain characteristics or skills evident in the ELP..

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Votes on this review: 10 Helpful / 0 Funny / 5 Agree / 1 Disagree

12thCav
03/06/2010

Dave Ramsey 2

The first impression I had of Dave Ramsey from his radio show was that this guy is an arrogant, jerk. Having listened to him quite often and being somewhat involved in his financial peace program , has not changed my opinion of him at all. Well I guess it has as I also find him narrow minded and somewhat of a right wing nut.That being said, most of what he says regarding finacial advice is trueSimple but true.Too much debt is a problem that is devouring marriages and causing untold stress to individuals.Most of the advice he gives is quite basic and simple but the financial IQ in our country is very low.
He seems to be ruthless with people who file for bankruptcy.I agree that a lot of people use it unethically and end up right back in debt. However a good percentage of new bankruptcies are seniors stuck with high credit card debt resulting from medical bills and prescriptions.These people worked hard their whole lives and are responsible people. .I am sure Dave is against the prescription drug program and universal health care.He also sides with the credit card companies vs the consumer. Without even going into the areas of Christian ethics, one has to ask how much the political beliefs that Dave Ramsey has contribute to the financial problems a lot of people (especially seniors ) are having.

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Votes on this review: 6 Helpful / 0 Funny / 7 Agree / 40 Disagree

ChristianManag er
02/02/2010

Dave Ramsey 4

I attended Dave's 1 day Entreleadership in September 2009 in Nashville. Dave is very personable and gave many useful and practical tips in running a business. Much of the seminar dealt with practical business issues such as hiring and firing and time management. It also included one lesson on debt free business operation. I paid full price for the seminar and then received an email that it was now of sale for $99. The fact that I paid significantly more than $99 is truly my only complaint. I would recommend it to anyone in business. Luther Maddy, ChristianManager.com

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Votes on this review: 7 Helpful / 1 Funny / 1 Agree / 1 Disagree
Dave Ramsey 1

I purchased the Dave Ramsey started Bundle pack for my parents for Christmas since they are big fans of Dave Ramsey. I found out after making an online purchase from his site that they already have some of the items in the bundle so I needed to return it. Upon reading the Return policy (what a joke) I found out that would not be happening so easily. So I had to wait till a week day because they are closed on weekends (of course) and they told me they couldn't cancel my online purchase and that it was already being shipped. I asked for the tracking number to track it and they told me they didn't have one yet (caught them in lie). Item had not been shipped they just did not want to refund me. It has already been over a week and I have not rec'd a tracking number nor the package which was suppose to be shipped in 1-2 business days. BUYERS BEWARE!!!! Dave Ramsey the almighty who is suppose to teach you all how to save money is a SCAM! If you do not want to take my word for it read the return policy yourself.

Merry Christmas! 12/19/2009

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Votes on this review: 12 Helpful / 0 Funny / 3 Agree / 26 Disagree

karaokeking35
10/23/2009

Dave Ramsey 5

I'm off to a Dave Ramsey live event after listening to his radio program and following his advice for the last 5 years. I was reading some of the comments posted here and I am amazed by the lack of understanding of Dave's program. Yeah, he's cheesy and a cornball, but his advice is simple and it WORKS! Most people think a financial plan has to be complicated and sophisticated to work. Dave says the same things over and over and over again because that's what it takes to override the numerous voices in our society that tell us to live beyond our means and stay in debt. It haven't used a credit card in years, I have no debt, and I have money in the bank, and I can tell you from experience- it is the best, most liberating way to live!

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Votes on this review: 6 Helpful / 0 Funny / 17 Agree / 3 Disagree

JimmyDo
09/22/2009

Dave Ramsey 1

Do not buy the wallet, coupon organizer or any of that other 'organizer' tools he sells on his website. I made the mistake of buying the wallet and organizer and it's the thinnest, cheapest vinyl available and wears away to holes within months. These have to be by far the biggest rip offs on this website.

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Votes on this review: 9 Helpful / 2 Funny / 5 Agree / 9 Disagree

Aleksok
09/19/2009

Dave Ramsey 1

Dave exploits the "new" liberal, selfish theology that is totally self-centered in order to make himself sound "religious" which will sell more books and tapes. He quotes bible verses but preaches revenge, hate and "me first". He sets a bad example for christianity.

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Votes on this review: 4 Helpful / 1 Funny / 11 Agree / 32 Disagree

DHin78550
07/07/2009

Dave Ramsey 5

Very good,and correct secret information almost, on how to make your life successful in capitalism, if you want to know the truth. This is one of the rules of life that can put you in the top 10%, avoiding the "90% rule"- which summarized is: thinking like 90% of the people- just going along. To live like the top 10% you have to think different than the other 90%, and not just about these financial matters, though that is what sparked the theory I in me back in the early 1990's originally.
However, it is nothing to do with religion, like Dave thinks it is, though it can have to do with being ethical, having good habits and replacing bad ones with good ones, which makes it easier to eliminate the bad ones (another secret), etc. So, barring this aspect, and some of the too right wing adjuncts, this radio show and it's info is 5 stars or close to it.
I'll sign my name so nobody can take credit for my theories which I reserve the rights to, and allude to minimally here.
D. Hansmann
currently in Harlingen, TX.

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Votes on this review: 1 Helpful / 0 Funny / 11 Agree / 3 Disagree

jmason16
04/28/2009

Dave Ramsey 1

A little TOO Simple...

Dave Ramsey does a good job about getting quite a few people out to listen to his lecture series on financial peace. There's no doubt that he can sell stuff, but you have to question what exactly is he selling. One of the fundamental concepts this guy teaches is to save, save, save for the future. However, there is a concept that says that money is worth more today than tomorrow. More simply, inflation happens and what might have cost $1 today on the McDonald's dollar menu might cost $1.25 in a year. Some people say "No Big Deal" it's only a quarter and who doesn't have that? Well, try and relate it to a large purchase such as buying a car which Dave advocates saving up for. A new midsize car might cost $25,000 this year, but as inflation occurs at an average annual rate of 3% in 3 years when you finally saved up $25,000, it may now cost $27,345. If you would have taken out a loan this year you would only pay $25,000 for the car along with interest of $2,176 totaling what you would pay to the bank as $27,176 versus $27,345 if you were to save. Basically you pay $169 less if you would simply take out a bank loan.

Just as well, a person can pay even less interest than that at the bank if you make slightly higher monthly payments. You can't reduce inflation costs, though, even if you wanted. Basically, you can beat the system if you take out a loan from a bank given that your debt to income ratio is not high, and you ensure that you can make the payments.

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Votes on this review: 3 Helpful / 0 Funny / 6 Agree / 33 Disagree

mchamma
03/07/2009

Dave Ramsey 5

Very motivating when it comes to finances. Makes you think about tomorrow instead of living for today.

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Votes on this review: 0 Helpful / 0 Funny / 12 Agree / 3 Disagree

Moneymonk
02/03/2009

Dave Ramsey 2

Dave is like a broken record, same beat different caller

I listen to him for about a week, after that it became redundant info

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Votes on this review: 0 Helpful / 0 Funny / 13 Agree / 11 Disagree

TheGreatWhamin i
09/29/2008

Dave Ramsey 2

He's all over my affiliates' airwaves. And he's a one-note player. Like Clark Howard, one show sounds jut like the last. New callers should listen to the previous shows, and they'd have all the help/advice they need.

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Votes on this review: 0 Helpful / 0 Funny / 12 Agree / 12 Disagree

MinJamBe
07/14/2008

Dave Ramsey 3

A show that gives a lot of knowledge, even if it seems to be said over and over, people seem to not know how to save or spend money

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Votes on this review: 0 Helpful / 0 Funny / 10 Agree / 1 Disagree

nicktheczar
04/02/2008

Dave Ramsey 1

Dave is like a broken record. If you listen to the show once, it is just like you have heard it a 1000 times. He offers nothing new after the first few shows. Plus the guy is very arrogant. I am very successful financially without Dave.

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Votes on this review: 3 Helpful / 1 Funny / 10 Agree / 17 Disagree

bigdaddy101
03/24/2008

Dave Ramsey 5

The best financial advice

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Votes on this review: 1 Helpful / 0 Funny / 17 Agree / 4 Disagree

Melchat
02/05/2008

Dave Ramsey 5

Too bad this program is not required listening for everyone from the age of
8 to 80. If it were, we would not find
ourselves in this sad financial situation, personal, and governmental.

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Votes on this review: 1 Helpful / 0 Funny / 14 Agree / 5 Disagree

The Mage
11/15/2007

Dave Ramsey 5

This stuff does work. Simple and effective. Not sure why people are against his show, seriously. Are they opposed to saving? To spending less then they make? And as far as selling books, everything in his books is covered on his show. I never bought one of his books for myself. Didn't need to.

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Votes on this review: 0 Helpful / 0 Funny / 13 Agree / 4 Disagree

gumshoedetecti ve
10/01/2007

Dave Ramsey 1

 Kind of has a unpleasant edge to his laugh and advice. I turn the channel,  usually, if I'm listening to the radio at that time.

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Votes on this review: 0 Helpful / 1 Funny / 8 Agree / 16 Disagree

svcc59
05/01/2007

Dave Ramsey 5

One day I am going to take the plunge and make myself budget. I really need to I just hope I do before THEY catch up with me.

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Votes on this review: 1 Helpful / 1 Funny / 2 Agree / 1 Disagree

blue47
04/16/2007

Dave Ramsey 1

A GAINT ad for his books.  Just another goof ball.

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Votes on this review: 0 Helpful / 1 Funny / 6 Agree / 17 Disagree

daves111
04/15/2007

Dave Ramsey 2

Just a gimmick to sell books and suckers on his live money shows. Not much there .. there.

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Votes on this review: 2 Helpful / 0 Funny / 8 Agree / 17 Disagree

peb0617
03/31/2007

Dave Ramsey 5

My wife and I went to a live event in Greenville SC and loved it. the VENUE was great plenty of parking and excellant staffing. Dave Ramesy's advise will change your life if you put it in practice. I can't wait for the day that my wife and I can call his show and scream We'er Debt Free.
Keep on keeping on DAVE

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Votes on this review: 1 Helpful / 0 Funny / 12 Agree / 3 Disagree

comptech99
03/26/2007

Dave Ramsey 5

Dave Ramsey changed my life. I was in financial despair when I ran across the radio show. My wife and I avoided bankruptcy and are now 3 months from being DEBT FREE. The plan works if you work it!

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Votes on this review: 3 Helpful / 0 Funny / 12 Agree / 2 Disagree

ko57
02/18/2007

Dave Ramsey 5

Dave Ramsey's radio show is my favorite. I just so happened to tune in, probably on the way to or coming back from work, and am hooked. The bottom line is, every year I want to clean up my debt, quit using my credit cards. While everyone might not agree with some of his particular ideas, I'm tired of paying into the debt machine, and I will get my bills paid off.

I ordered his "Complete Money Makeover" book. I like what I hear on the radio, I want to read more about his take on things. While I know what I have to do-quit spending-I do have enough "THINGS", the more I listen to the show, the more fired up I am about sticking with a plan. I do understand budgets-but I'm not going to pay off my cards just to use them again like I've done in the past.

Dave Ramsey has gotten me motivated to get serious about this, I might blog about it. If you can do this, it can only benefit you.

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Votes on this review: 2 Helpful / 0 Funny / 7 Agree / 3 Disagree

donky4444
02/17/2007

Dave Ramsey 1

I went to go see Dave Ramsey in person today at the Deltaplex in Grand Rapids MI. What a rip off. They over sold tickets, people were sitting on the floor with no chairs. There was not enough parking in the parking lot of the Deltaplex so there were hundreds of cars parked in area business parking lots for blocks. When we took our first break they announced that anybody parked in an area business parking lot would be towed if they didn't move their cars. We asked workers and even a local police officer where we can park and we were told that there wasn't any place to park in the area that you wouldn't be towed from. We asked for refunds and they only said that they don't refund ticket sales. So there were hundreds of people that had to leave after hearing just 1 hour of Dave. Any good Christian person would have made sure that there was ample parking and seats at a location before holding an event there. This leaves a very bad taste in my mouth and I am sure that I am not the only one that feels they were conned out of the price of admission.

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Votes on this review: 10 Helpful / 2 Funny / 6 Agree / 10 Disagree

JayPeriod
01/29/2007

Dave Ramsey 4

Dave Ramsey will say things you don't want to hear. He's tough. But, you need the things he says. He can be harsh when he needs to be, but he knows when to be gentle. Listening to and following his advice is common sense, but that's what we often overlook. He's just there to remind us that it works.

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Votes on this review: 4 Helpful / 0 Funny / 9 Agree / 4 Disagree

DanaVD
11/20/2006

Dave Ramsey 1

Gets old after a while... like after a week!

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Votes on this review: 0 Helpful / 0 Funny / 9 Agree / 13 Disagree

ebrperk
09/28/2006

Dave Ramsey 5

has a great informative show

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Votes on this review: 0 Helpful / 0 Funny / 8 Agree / 3 Disagree

jcartertech
06/14/2006

Dave Ramsey 5

This show is excellent. I listen to the podcast because my local stations don't carry him yet. I really wish they would!

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applegate67
05/14/2006

Dave Ramsey 5

What can I say, he has a great show.

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Votes on this review: 0 Helpful / 0 Funny / 5 Agree / 1 Disagree

DiverRaygr
04/04/2006

Dave Ramsey 5

Just Love It. It's the best radio program I have heard. It's a great place to learn about your financial issues, home, small business and for your whole family. If you don't like to hear about the truth about money you may not want to stay long- because Dave Ramsey will tell you like it is. If you are struggling and don't know what to do he will walk with you to solve your problems.

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Votes on this review: 0 Helpful / 0 Funny / 4 Agree / 2 Disagree

mexicano
03/21/2006

Dave Ramsey 1

He sucks

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Votes on this review: 1 Helpful / 1 Funny / 6 Agree / 19 Disagree

leon_phelps
02/19/2006

Dave Ramsey 5

I really believe that his weekday segment is some of the best listening on the radio today. His show is basically all callers with financial success stories, or more often financial train wrecks. Dave gives callers some basic advice so as to help as many people out of debt as possible in three hours. No matter what your financial situation is in life, there is always something to take away from each day's show. If you've never heard the sound of a "plastectomy" - where callers drop credit cards into the blender while on the phone, you don't know what you’re missing.

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Votes on this review: 1 Helpful / 1 Funny / 5 Agree / 2 Disagree

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3.28
average based on 50 ratings