Episode
938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
47:19
Published: Wed Apr 08 2020
Description
“You don’t die from fear.”QUESTIONSWhy is right now in these financially hard times the best time to make money? (1:20)What lessons have you learned from the recessions you have endured? (6:30)What do you tell people that have not been financially responsible? (13:21)What’s the worst investment and best investment someone could be making right now? (21:29)What was the greatest lesson that your father taught you? (31:41)What’s the wisdom you’ve learned from your partner? (33:40)YOU WILL LEARNWhy losing your job is an opportunity (2:00)What a recession is (4:11)How many jobs are being lost per case of coronavirus (5:12)Why now is the time to invest (9:42)What pressure is good for (17:01)How desperation and greed can poorly affect your investment (21:10)The purpose of repentance (28:21)How listening to your partner can help (36:18)If you enjoyed this episode, show notes and more at http://www.lewishowes.com/938 and follow at instagram.com/lewishowes
Chapters
In this episode of the School of Greatness, bestselling author and radio host Dave Ramsey shares his insights on managing money during times of crisis and uncertainty.
00:00 - 01:33 (01:33)
Summary
In this episode of the School of Greatness, bestselling author and radio host Dave Ramsey shares his insights on managing money during times of crisis and uncertainty. He emphasizes the importance of taking control of one's finances and offers practical advice on managing debt, investing, and budgeting.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The Dave Ramsey Show is a nationally syndicated radio program heard on over 500 stations in the US and Canada, as well as through a variety of digital platforms.
01:34 - 05:33 (03:59)
Summary
The Dave Ramsey Show is a nationally syndicated radio program heard on over 500 stations in the US and Canada, as well as through a variety of digital platforms. Dave shares valuable lessons he learned from his father and what he loves most about his wife, and talks about his current team working from home amid the pandemic.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The speaker reflects on his past experiences as an entrepreneur, particularly during challenging times, and shares insights on the business world's unpredictability and the importance of adaptability.
05:33 - 12:04 (06:31)
Summary
The speaker reflects on his past experiences as an entrepreneur, particularly during challenging times, and shares insights on the business world's unpredictability and the importance of adaptability. He also discusses his perspective on the future of the real estate market.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The host talks about how having a sense of helplessness when struggling with debt is common but following the 7-step plan, it's possible to overcome it and build financial security.
12:04 - 19:22 (07:17)
Summary
The host talks about how having a sense of helplessness when struggling with debt is common but following the 7-step plan, it's possible to overcome it and build financial security.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The CEO of Ramsey Solutions reflects on the importance of being prepared for crisis situations, highlighting the reward of investing in leadership and creating a solid succession plan.
19:22 - 22:25 (03:03)
Summary
The CEO of Ramsey Solutions reflects on the importance of being prepared for crisis situations, highlighting the reward of investing in leadership and creating a solid succession plan.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The pandemic has caused anxiety for many people, but it's important to keep in mind that only a small percentage will face devastating life changes.
22:25 - 26:17 (03:51)
Summary
The pandemic has caused anxiety for many people, but it's important to keep in mind that only a small percentage will face devastating life changes. Finding ways to adapt and make the most of the situation can help ease anxiety.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The speaker discusses mistakes made when investing, including desperation and greed, and how those can lead to costly errors, such as playing on margin or expecting easy money.
26:17 - 30:24 (04:06)
Summary
The speaker discusses mistakes made when investing, including desperation and greed, and how those can lead to costly errors, such as playing on margin or expecting easy money.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The speaker emphasizes the vital role character plays in business and life, stating that people don't want to associate themselves with crooks and they value integrity.
30:24 - 35:29 (05:04)
Summary
The speaker emphasizes the vital role character plays in business and life, stating that people don't want to associate themselves with crooks and they value integrity. The values and brand of a business and individual must reflect these values.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The benefits of having a soft budget decision-making tool, including the ability to make purchases for items such as feeding frontline healthcare workers during the pandemic, while still having someone available to provide guidance for major purchases and donations.
35:29 - 41:50 (06:21)
Summary
The benefits of having a soft budget decision-making tool, including the ability to make purchases for items such as feeding frontline healthcare workers during the pandemic, while still having someone available to provide guidance for major purchases and donations.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
The importance of being an imperfect person while serving and learning from others.
41:51 - 45:07 (03:15)
Summary
The importance of being an imperfect person while serving and learning from others. Transforming lives through service is a great honor.
Episode938 Dave Ramsey: Master Your Money In a Time Of Uncertainty
PodcastThe School of Greatness
Dave Ramsey provides advice on how to master your money during uncertain times on lewishouse.com.
45:07 - 47:03 (01:56)
Summary
Dave Ramsey provides advice on how to master your money during uncertain times on lewishouse.com. There are upcoming interviews and topics on controlling intimate relationships during isolation.