Comments on: Review of Dave Ramsey’s Financial Peace University

By: Natt Bugg

Natt Bugg — Mon, 03 Oct 2011 03:09:57 +0000

He filed bankruptcy BEFORE he learned the strategies he teaches. That is exactly WHY he doesn’t like credit now.

By: TMH

TMH — Sun, 17 Apr 2011 17:28:53 +0000

Phil, Dave Ramsey in fact did go back and paid back the creditors that were included in his bankruptcy from years past. He has spoken about this in depth before on his radio program and has specifically stated that he considers that to be a personal decision on each persons part if they want to do it or not.

By: Phil

Phil — Tue, 01 Mar 2011 23:49:37 +0000

I think the problem is that if he declared bankruptcy and is now a wealthy then did he go back and pay his creditors, interest et. al? Of course he didn’t. Just a general rule don’t take financial advice from someone who files bankruptcy and don’t trust a skinny chef. Same logic even if the food smells great. He didn’t eat his own cookin!

The advice is simple…do without when you are mentally able to handle it and throw as much money at your debt as you can, stick a little on the side for emergencies and stop spending. There that about sums it up.

By: MIKE

MIKE — Wed, 02 Feb 2011 23:36:17 +0000

I thought the whole point of the FPU was to help those who think they need it. If you need to pay to be vested in the process, so be it. Not really worried about Dave, just about using the “System” to make my life easier

By: Dollars Not Debt

Dollars Not Debt — Sat, 22 Jan 2011 04:19:01 +0000

I have been following Dave Ramsey’s plan for about 2 years and I will be 100% debt free in August of 2012. House and everything! The plan works–but only if you are focused and have self-control. I will have paid off a total of $100K in the four years. I talk about my path to debt freedom in my blog.

Dollars Not Debt

By: Jay Sherman

Jay Sherman — Mon, 10 Jan 2011 17:21:16 +0000

DAVE IS THE DA BOMB! He helps people, but also runs a business. You do not get angry at the cable guy that fixes your cable box, right? I used his program (got his book free from the library-never paid Dave a dime) and paid off $26,000 in 15 months. It was the best thing I ever did financially. Now I have a robust IRA, ESA accounts for both my kids and a very nice savings account.

LIVE LIKE NO ONE ELSE, SO YOU CAN LIVE LIKE NO ONE ELSE!

By: David

David — Tue, 16 Nov 2010 18:20:21 +0000

I did this class a few years ago and even though I considered myself financially literate I learned a great deal and reduced my expenses enough to pay for the course in less than a month. In addition, my wife and I can now talk about money (without fighting 99% of the time) and have long range goals.

By: Brian Michaels

Brian Michaels — Thu, 15 Apr 2010 22:26:45 +0000

I’m convinced that some people try new things strictly so that they can complain about it later, to people they know and dont know.
It somehow makes them feel better about themselves.
Dave Ramsey is the real – deal, and he deserves all the success he has earned!
I love the class I am taking.

By: Sweet.Gril

Sweet.Gril — Fri, 12 Mar 2010 16:12:36 +0000

We need people like Dave to help us kick in to high gear. Some people do need someone outside of the family and friends to let you know you are not the only one and like others you can get out of debt. as for the 10% for church this is what the bible tells us to do. If you don’t believe in this that that’s up to you to do or not do. God gives you all and you only have to give about 10% of that. You will get so much more in return. Just know the church that you give to is doing good things for your community.

By: soldrush

soldrush — Tue, 01 Sep 2009 05:32:12 +0000

Dave Ramsey Myths-
1. For those who like to call Dave a hypocrite, listen to his show to know his story before you use ignorant statements, your wrong and ignorant which means lack of knowledge. You do not know his full story so you can not make ignorant statements because he explains what he did, why he did it, why he does not want you to do it, and what he did to correct what he did. He was young, dumb and in debt and almost lost his marriage!
His foundation on what not to do- filing bankruptcy- was his learning lesson telling you not to do it, because it is one of the most negative life changing events after death and divorce. He would not be the Dave Ramsey unless he did file bankruptcy to tell you not to do it with first hand experience!

For those that like to spout facts that Dave abused the system of bankruptcy, and now does not want you to do it…When he started to get on his feet HE PAID BACK EVERY DIME he claimed on bankruptcy, there is no clean slate as some state morally.
So no he is not a hypocrite, he is telling you from experience you don’t want to do it, and if you did it is your responsibility to still go back and clean up your mess!

2. Giving 10% to charity or church is part of being a good human being- good things happen to good people. When you donate to charity you get nothing in return especially when you do it without press release unlike politicians!

3. This is unlike the Government taking 30% out of your check and giving it to people who vote for them, or payback with fundraisers and contracts. This is stealing and immoral and if more liberal people like Joe Biden (gives average $400 per year from $300,000+ income), Al Gore (when records were public $300 per year on $200,000+ income) and others gave money to our own country and to non-voters or where there is no benefit from what they do in return, there would be no hunger or poverty! There was a study that conservatives give around $2200 a year and liberals $600 a year. Don’t steal it, give it!