Dave Ramsey’s Money Advice: Sometimes Hope Is a Strategy

UPDATED: April 14, 2020
PUBLISHED: June 8, 2017

In an honest conversation with Managing Editor Jesus Jimenez, Dave Ramsey breaks down society’s relationship with money. Using his own personal experience, such as past struggles with bankruptcy, Ramsey explains how hope is a key factor in tackling debt.

Related: Dave Ramsey Has a Plan for the Rest of Your Life

It’s still one of the hardest things to get people to believe in, he says. If a debt-free plan works for one person, who’s to say it will work for another? But ultimately, Ramsey counters any doubt with a simple fact: A lack of hope keeps the heart from seeking more.

“Sometimes you’ve just got to speak life into [people]. You’ve got to say, ‘This is doable. Not only do these principles work, they’ll work for you.’ ” —Dave Ramsey

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Running time: 14:24

Filmed March 2017 on set at The Dave Ramsey Show in Nashville

Dave Ramsey is the author of seven national best-sellers and host of The Ramsey Show. He founded Ramsey Solutions in 1992 to counsel people suffering through financial stress.