Dave Ramsey Explains His Investing Process

Ken inherited $50 million, and he called in to The Ramsey Show for advice about what to do with it. | Dave Ramsey

I couldn't stop laughing 😂 | Dave Ramsey

Overwhelmed by debt and not sure where to start? Let me introduce you to the debt snowball method: a proven way to pay off debt fast and build momentum. Here’s how it works: 1️⃣ List your debts from smallest to largest balance (ignore interest rates). 2️⃣ Pay minimums on everything except the smallest debt. 3️⃣ Attack that smallest debt with everything you can until it’s gone. 4️⃣ Once it’s paid off, take that payment and roll it into the next smallest debt. As you go, your payments grow like a

Minimum payments = minimum progress. Stop spinning the tires and start making real progress with a plan and a goal. Try the Debt Snowball Calculator. | Dave Ramsey