How To Make MONEY In A RECESSION & Go From BROKE To MILLIONAIRE | Dave Ramsey & Lewis Howes
Dave Ramsey is a personal money-management expert and an extremely popular national radio personality. His seven best-selling books have sold more than 11 million copies combined.
By age 26 he had established a $4 million real estate portfolio, only to lose it by age 30. Using the wisdom he gained, Ramsey rebuilt his financial life and now teaches others how to be responsible with their money, so they can acquire enough wealth to take care of loved ones, retire with dignity, and give generously to others. In 1992, he started a business (now called Ramsey Solutions) to help people everywhere use their money profitably and wisely. Ramsey runs a multi-million-dollar company with a nationally recognized brand, but he defines success by the number of lives changed through his message of hope.
Dave Ramsey’s iconic radio program, The Dave Ramsey Show, is heard on more than 500 radio stations throughout the United States and Canada. Dave is also the creator of Financial Peace University (FPU), a program that helps people dump their debt, take control of their money, and learn new behaviors around money that are founded on commitment and accountability.
COVID-19 has not only affected our health but our finances as well. You might be out of a job. You may have lost a ton of money in stocks. Maybe money has always been tight, and you’re scrambling to make ends meet. Don’t let yourself be caught up in fear. There is always hope — even when you hit rock bottom. Don’t make financial decisions based on fear and desperation.
Join me on Episode 938 to learn how to recover from a financial recession and make the most of your money with the one and only Dave Ramsey.
Why losing your job is an opportunity (2:00)
What a recession is (4:11)
How many jobs are being lost per case of coronavirus (5:12)
Why now is the time to invest (9:42)
What pressure is good for (17:01)
How desperation and greed can poorly affect your investment (21:10)
The purpose of repentance (28:21)
How listening to your partner can help (36:18)
Plus much more…