He’s the scold and scourge of lenders of all stripes ””well, almost all ”” and he’s taking his one-man financial road show to the Lowcountry today to preach a singular message: Debt is dumb; cash is king.
It’s an attitude that syndicated radio talk-show host and best-selling author Dave Ramsey honed from a deeply humbling personal experience. He and wife, Sharon, went broke twice in the 1980s, after his debt-laden real estate business suddenly crumbled. The couple vowed never again to borrow money and become what he sometimes calls “a slave to the lender.”
“I’m not going to get into a mess again. I’m not going to go there,” he said.
An estimated 5,000 people are expected to take in Ramsey’s five-hour marathon on money matters today at the North Charleston Coliseum, with many looking for ways to put their financial houses in order. He describes his live show as a mix of no-nonsense advice and stand-up comedy.
“The medicine I’m delivering is strong enough that it needs to have some humor with it,” he said.
Ramsey began his second career as a debt counselor in the early 1990s, starting at his local church and eventually parlaying his quick wit, candor and knack for financial plain-speaking into a multimedia empire.