#542 - Dave Ramsey on Being $3 Million in Debt + Filing for Bankruptcy & Almost Getting Divorced + The Reason He Doesn't Give Listeners Money + Common Financial Advice that is WRONG + His Coolest Famous Friend
Bobby Bones Presents: The BobbyCast
Nashville Podcast Network
4.8 • 4.6K Ratings
🗓️ 30 September 2025
⏱️ 71 minutes
🧾️ Download transcript
Summary
On this episode of the BobbyCast, Bobby sits down with finance expert and CEO of Ramsey Solutions, Dave Ramsey. He shares his story of being $3 million in debt, filing for bankruptcy, and why his marriage was hanging by a thread. Dave shared his rule why he never offers to give listeners money and if he carries cash on him. Dave shares why mostly everything on TikTok is WRONG. He also talked about his coolest friend that is famous, why NFL players and professional athletes continue to go broke, and much more!
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.1 | The NFL is rolling. |
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| 0:07.1 | And you should be listening to NFL Daily as we march along to Super Bowl 60. |
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| 0:16.6 | Join me, Greg Rosenthal, in an all-star cast of co-hosts for previews and recaps of every single game. |
| 0:23.0 | NFL Daily will keep you up to date with everything you need to know so you can sound smarter than all your friends. |
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| 0:35.3 | Void where prohibited. |
| 0:36.4 | Ends 2.826. Open to legal residents of the 50 |
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| 0:45.0 | visit Toyotas game day giveaways.com. |
| 0:54.0 | We spent the next two and a half years of our life, losing everything we own. |
| 0:57.1 | We had a brand new baby, and our marriage hanging on by a thread, and I'm 28 years old and |
| 1:01.9 | I'm filed bankruptcy after fighting it for two and a half years. |
| 1:04.5 | It crushed me. |
| 1:07.5 | Welcome to episode 542 with Dave Ramsey, who I've known Dave for a long time now. And it was really good to sit with them for an hour. I don't know, I like Dave. I think if you're around Dave a little bit, you're drawn to him. There's a reason he's successful. His website's Ramsey Solutions.com, which teaches you practical ways to handle your money, work, and relationships so you can create the life that you want. |
| 1:29.3 | Dave's the founder and CEO of Ramsey Solutions, where he's helped people take control of their money and their lives since 1992. |
| 1:36.5 | He has written nine bestselling books. He's a personal finance expert. He's host of the Ramsey show. He was millions of |
| 1:45.9 | dollars in debt. Also, he didn't grow up with money. So he got into debt because a lot of rich |
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