Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Fahad Saleem

50-Year-Old Went From $146K in Debt to Financial Freedom Following Dave Ramsey Advice – 'People Say His Advice Ridiculous, But It Worked for Us'

Dollar,Money.,Bankrupt,Man,Counting,Money,Cash.,Business,Crisis,Finance

A Redditor shared on the social media platform earlier this year how he got out of heavy debt and financial troubles by following the advice of American personal finance author and radio host Dave Ramsey.

In 2013, the poster had $23,000 in credit card debt and owed $123,000 on his mortgage. He was making about $60,000 annually from his small business, but could not "put my hands on $200 cash." Today, he's debt-free with around $80,000 in cash, and both his house and car are paid off.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.