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SVTPerformance's Chain of Restaurants
Road Side Pub
Paying off debt
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<blockquote data-quote="rborden" data-source="post: 16532120" data-attributes="member: 160221"><p>Well, your opinion is unfounded because it is apparent you don’t know the whole story of what happened that caused him to file bankruptcy. If you bother to listen to the show he tells you what happened and he also owns it. He’s very humble about what happened. </p><p></p><p>[MEDIA=youtube]r1NJzEYARlM[/MEDIA]</p><p></p><p>The Tax Reform Act of 1986 played a huge part in his financial downfall as did Black Monday of 1987. That’s what led to banks calling notes early. They got jumpy about home values and the instability of the market. Not anything Dave Ramsey did or didn’t do.</p><p></p><p>Would it be fair for someone to say you’re full of shit if your bank called your house note tomorrow for no reason? How about your car note? Your credit card? And then if you had to file bankruptcy. But from the sounds of it you must be PERFECT or something. Maybe you’re Jesus Christ reincarnated. </p><p></p><p></p><p>Dave Ramsey had been up to date on EVERY one of his payments. He made $250K a year, He had real estate loans of $4 million that was current and on time, but the bank was purchased by someone else who called in the note without any warning whatsoever and as a result he lost everything. That could happen to anyone. </p><p></p><p>Where was the bad decision? He wasn’t late on any payments. He never defaulted on his loan or payments. </p><p></p><p>Dave used his situation to start over and help people avoid debt. In the process he made money doing it. </p><p></p><p>Living debt free is a concept I never thought possible until I started following his 7 Baby Steps program and his debt snowball program. His Financial Peace University class was very eye opening and it showed me how to live my life without debt and monthly payments. His program is phenomenal. It works. It is 100% a game changer and a life changer.</p><p></p><p>For the first time in my life I don’t owe anyone a dime and I wouldn’t hesitate to recommend it to anyone looking to get control of their financial situation.</p></blockquote><p></p>
[QUOTE="rborden, post: 16532120, member: 160221"] Well, your opinion is unfounded because it is apparent you don’t know the whole story of what happened that caused him to file bankruptcy. If you bother to listen to the show he tells you what happened and he also owns it. He’s very humble about what happened. [MEDIA=youtube]r1NJzEYARlM[/MEDIA] The Tax Reform Act of 1986 played a huge part in his financial downfall as did Black Monday of 1987. That’s what led to banks calling notes early. They got jumpy about home values and the instability of the market. Not anything Dave Ramsey did or didn’t do. Would it be fair for someone to say you’re full of shit if your bank called your house note tomorrow for no reason? How about your car note? Your credit card? And then if you had to file bankruptcy. But from the sounds of it you must be PERFECT or something. Maybe you’re Jesus Christ reincarnated. Dave Ramsey had been up to date on EVERY one of his payments. He made $250K a year, He had real estate loans of $4 million that was current and on time, but the bank was purchased by someone else who called in the note without any warning whatsoever and as a result he lost everything. That could happen to anyone. Where was the bad decision? He wasn’t late on any payments. He never defaulted on his loan or payments. Dave used his situation to start over and help people avoid debt. In the process he made money doing it. Living debt free is a concept I never thought possible until I started following his 7 Baby Steps program and his debt snowball program. His Financial Peace University class was very eye opening and it showed me how to live my life without debt and monthly payments. His program is phenomenal. It works. It is 100% a game changer and a life changer. For the first time in my life I don’t owe anyone a dime and I wouldn’t hesitate to recommend it to anyone looking to get control of their financial situation. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Paying off debt
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