Many inspirational stories have been created as a result of the work done by Dave Ramsey. Mr. Ramsey is an American-based financial author that also acts as a radio host, a motivational speaker, and a television personality.
His show and the writing that he does focuses on encouraging and helping people eliminate the financial debt in their lives.
By the age of 26, Dave Ramsey was able to construct a real estate portfolio through his brokerage firm, Ramsey Investments, Inc., with a worth of more than $4 million dollars. As a result of his success, he was named as one of the youngest brokers in the State of Tennessee to be admitted to the prestigious Graduate Realtors Institute.
“I believe that through knowledge and discipline, financial peace is possible for all of us.” – Dave Ramsey
When the Tax Reform Act of 1986 originated, it had a detrimental impact on the real estate market. His success came to a screeching halt. One of the largest creditors Dave had was instantly sold to a much larger bank. When that bank reviewed Ramsey’s borrowing habits, they demanded that he pay a whopping $1.2 million dollars in short-term notes.
To make matters worse, they demanded the money be paid in 90 days. This forced him to seek relief through bankruptcy. He immediately started reaching out to learn more on financial problems and started helping others with their financial complications. He soon composed his first book, “Financial Peace”. Since that time, he has helped numerous people overcome financial hurdles in their lives.
As a result, those people now have their own inspirational stories to share with the world.
I hope you enjoyed today’s inspirational stories of the untold. Be sure to check back for more inspirational stories on a daily basis.
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