How much is Dave Ramsey really worth?

As of 2018, Ramsey had an estimated net worth of $55 million. In 2021, he sold his custom-built home in Franklin, Tennessee, for $10.2 million and began construction on a new home in the area. Ramsey is an evangelical Christian and described himself as fiscally and socially conservative.

How did Dave Ramsey get so rich?

Much of Ramsey's net worth can be attributed to his real estate investments. Ramsey's passion for flipping properties probably comes from his parents, who were both real estate agents. When he was 19, he took his real estate exam and got in on the action.

Is Dave Ramsey licensed?

Ramsey has no professional credentials. He isn't a licensed investment advisor, nor does he possess any professional credential like the Certified Financial Planner (CFP) designation. Ramsey isn't accountable for the advice he gives.

What was Dave Ramsey's net worth when he was 26?

Starting from nothing, by the time I was 26, I had a net worth of a little over a million dollars. I was making $250,000 a year. That's more than $20,000 a month net taxable income.

How much does Dave Ramsey every dollar cost?

EveryDollar offers a completely free version of the app with plenty of incredible features. And if you want to upgrade, the premium version is $79.99 per year (with the option to start with a free trial) and comes with even more features that will save you time and money.

The True Cost of Buying a Home (It’s More Than You Think)

How much does Dave Ramsey say I should save?

According to the Ramsey Solutions post, the recommendation is to invest 15% of your household income for retirement. The article uses the example of a household income which is $80,000 annually. Based on these earnings, each year you need to invest $12,000 towards your retirement savings.

What is Dave Ramsey worth today?

Ramsey was inducted into the National Radio Hall of Fame in 2015. As of 2018, Ramsey had an estimated net worth of $55 million.

Does Dave Ramsey have a credit card?

Ramsey famously refuses to use a credit card, preferring instead to rely on cash or a debit card.

What was Dave Ramsey's famous quote?

Best Dave Ramsey Quotes. 1. “Don't buy things you can't afford, with money you don't have, to impress people you don't like.”

How many millionaires did Dave Ramsey study?

These guiding pillars are all based on Ramsey's National Study of Millionaires, which surveyed 10,000 millionaires across the country in 2017-2018.

What religion does Dave Ramsey belong to?

Dave Ramsey claims that he is a Christian who uses the Bible to guide his finances and business, so if that is true, it's a positive aspect in my book.

Who owns Dave Ramsey?

On its website, Ramsey Solutions outlines to job candidates that employees are expected to uphold moral standards based on traditional Christian values, including codes against gossip and a focus on family life. All company operations are debt-free and the company is privately owned by Dave Ramsey and his family.

How much is Dave Ramsey worth in 2025?

As of early 2025, Ramsey's net worth is most commonly estimated to be around $200 million. Most outlets reporting this figure cite CelebrityNetWorth — a popular celebrity wealth site that doesn't disclose its estimation methodology or cite its sources — as the source for this number.

Was the Ramsey family wealthy?

In the quiet, progressive college town of Boulder, Colorado, violent crime was almost unheard of — especially in its wealthiest neighborhoods. Yet, at the heart of this seemingly peaceful community was the Ramsey family: socially prominent, deeply connected, and affluent beyond measure.

Is Dave Ramsey retiring?

Vandalia Health President and CEO Dave Ramsey has announced his decision to retire in July of 2026.

What are Dave Ramsey's five rules?

How much does Dave Ramsey say you should save?

According to the Ramsey Solutions post, the recommendation is to invest 15% of your household income for retirement. The article uses the example of a household income which is $80,000 annually. Based on these earnings, each year you need to invest $12,000 towards your retirement savings.

What does Dave Ramsey say is the most fun thing you can do with money?

100 percent of the people that don't save money don't have any. And if you'll get out of debt and you'll invest and you live on less than you make and you have a plan then you can do the last one. It's the most fun you'll ever have with money. You can be outrageously generous.

What credit card do most billionaires use?

The American Express Centurion Card, colloquially known as the Black Card, is an exclusive invitation-only charge card issued by American Express. It is reserved for the company's wealthiest clients who meet certain net worth, credit quality, and spending requirements on its gateway card, the Platinum Card.

What is the 2/3/4 rule for credit cards?

The 2/3/4 rule for credit cards suggests spacing out applications—no more than two in two months, three in a year, or four in two years. Following a slower pace may help you avoid multiple hard inquiries in a short time. The 5/24 rule is another widely discussed benchmark.

How much to retire Dave Ramsey?

Some folks will need $10 million to have the kind of retirement lifestyle they've always dreamed about. Others can comfortably live out their golden years with a $1 million nest egg. There's no right or wrong answer here—it all depends on how you want to live in retirement!

What does Dave Ramsey say about life insurance?

Core Ramsey Teaching: You only need life insurance while you have people depending on your income. Buy a 10–20-year term policy worth 10–12 times your annual income. Since life insurance is only for the short-term, you should only buy term life insurance. (Hence the name.)