‘Financial Peace’
Dave Ramsey, the creator of Financial Peace University says that 70% of Americans are living paycheck to paycheck. Many are still one paycheck away from total financial disaster. Mortgage foreclosures and bankruptcies are on the increase, just read the Sherriff’s Sale report in the legal section of the paper. The average person is over $38,000 in debt and that number is rising. Financial Peace University was created, as we indicated before, by Dave Ramsey, who at the age of 26 was a millionaire and lost it all. After he crashed and burned financially he started studying how other people who are successful in managing their money and learned from his own financial mistakes. He took what he learned and packaged it so that anyone can understand finances, anyone!