The Money Guy Take on Dave Ramsey's 7 Baby Steps

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.6 • 2.8K Ratings

🗓️ 26 July 2019

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

When you get serious about taking control of your finances, one of the first names or resources you may come by is Dave Ramsey. He is a beast in the personal finance industry. Dave has undoubtedly impacted millions - MILLIONS- of people’s lives through his Financial Peace University, radio show, best-selling books, and the plethora of other financial education resources available through Ramsey Solutions.

But what happens after you take control of your money and climb out of the “dungeon of debt” as Bo calls it? Well, here is where we think that our Financial Order of Operations parlays nicely with Dave Ramsey’s 7 Baby Steps.

For more information, visit: https://www.moneyguy.com/2019/07/dave-ramsey-baby-steps/

Transcript

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0:00.0	Today we're talking about a financial big deal. Dave Ramsey, one of our neighbors and just a titan of industry and personal finance
0:07.6	We've been swerving into his seven baby steps
0:11.2	Today we'll compare and contrast the seven baby steps to the money guy financial order of operations
0:17.2	It's Brian Preston the money guy
0:20.7	Restoring order to your financial chaos retirement investing
0:25.4	Taxi you've got financial questions. He's got financial answers
0:30.0	It's Brian Preston the money guy
0:32.8	So one of the things we try to start doing is we try to start putting out on social media the topics that we're gonna cover
0:37.7	Hey be sure to join us live because this is what we're gonna cover and I was amazed to see some of the feedback and this
0:43.2	This is what I think is going on. I think there are two camps of people out there, right?
0:47.4	I think one camp is saying yeah
0:50.2	You go after Dave and you go right all the wrongs and then there's this other camp of people saying whoa
0:56.8	Days my boy the days my homeboy don't come after Dave and I think everybody is anxiously awaiting to see wow
1:03.6	Okay, what is the money guy take on Dave's seven baby steps
1:09.0	My goal with the end of the show is when I see Dave in the community
1:13.5	Either he doesn't know who we are or he still likes us
1:18.0	Like that I mean because here's the truth who is Dave because here's another thing I thought was interesting
1:23.3	We have a fan out in California
1:25.4	I was hearing one of his relatives was having it talking because
1:29.7	His relatives a fan of our show and he was explaining that I'm very nice to that other guy who does what we do in the community
1:37.5	And I was so flattered so it does I do have to be reminded that Dave is national
1:42.4	But sometimes people in other parts other regions don't know Dave Ramsey like we do in the southeast
	...

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