A Company’s Efforts and Dave Ramsey

During the monthly staff meeting this week, one of my coworkers had offered to show a Dave Ramsey video because he had taken one of Dave Ramsey’s programs.  In the video, Dave Ramsey goes through all the major components of a benefits package from both the perspective of the employer and employee such as various insurance plans especially health insurance and retirement plans.  He also quickly went over his baby steps and  what a debt snowball was.  I’ve never read or heard anything of Dave Ramsey’s even though his name evokes instant recognition in anyone who follows financial blogs on a daily basis.  He was funny and most importantly, he talks in such a way as to engage the attention of his listeners who were mostly apathetic or unknowledgable about their finances.  His video engaged my coworkers, made them laugh, and made them think about their own situation.

Afterwards, as I walked back to my office, I overheard a small cluster of employees asking each other “how much do you have in your retirement account?” “how much do you put in?”  My coworkers were discussing  how saving just $100 or even $10 a month by cutting back on different things could make a huge difference.

Sure Dave Ramsey had some hyperbole and he automatically assumed 13% return which in light of the recession may not be as realistic.  However, his ability to start conversations among people who usually don’t care about finances is quite an amazing thing.

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1 Comment »

  1. […] A Company’s Efforts and Dave Ramsey During the monthly staff meeting this week, one of my coworkers had offered to show a Dave Ramsey video because he had taken one of Dave Ramsey’s programs. In the video, Dave Ramsey goes through all the major components of a benefits … […]

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