Thursday, January 15, 2009

ABC News: Dave Ramsey's Financial Tips

Financial guru Dave Ramsey and "Good Morning America" assembled a cross-section of Americans struggling with debt. "GMA" had those in the group of 20 confess their debt -- which totaled $637,843 — not including what they owed on their mortgages.

Some admitted the debt was taking a toll on them emotionally and monetarily, and one couple even said they were facing a divorce because of mounting money pressures.

Click the link below for the informative video:

ABC News: Dave Ramsey's Financial Tips

2 comments:

Unknown said...

Hey I hope to check out the video soon - but I wanted to let you know how well we (my wife and I) are doing on our debt situation...We just paid $400 toward my wives smaller student loan (Sallie Mae)! We're planning on paying off the remaining balance by the end of January hopefully, if not for sure by the end of February.

Your blog is always encouraging to me to see how you're progressing on a weekly basis with your debt situation. Keep it up!! Thank you for your blog contributions.

Joe said...

Brendan - thank you for the comments. Congrats on your progress! It so so great to see people making such improvements in their lives. Until I secure employment, my debt snowball is on hold. I am doing all I can to turn that around.