Believe the "Gospel according to Dave" if you want to. Couldn't hurt--too much.
I'm sure the standards you set for yourself are so high, you can't possibly find a way to appreciate someone who's learned the hard way. Whatever Dave did in the 80's, he seems to have turned his life around. I'm not an ardent supporter, but when I've listened, he seems to have his values firmly grounded. That's good enough for me.
“Ramsey has been a fast and loose flim-flam man.”
Yeah, the fact that his common sense approach has changed the lives of millions of families is irrelevant.
“In the 80’s he got called out by a major creditor and had to declare bankruptcy.”
Yep, after behaving like a “normal” American and sophisticated financial investor, he over leveraged himself and declared bankruptcy. This included SEVERAL creditors.
“Probably why keeping debt low-to- nothing is his current hobby horse.”
He learned from his mistakes and decided he would never again be in debt to anyone. After his BK, he lived on cash and figured out what worked for him. Then he thought about it and realized that what worked for him was simply common sense that was NORMAL a generation or two before.
Then he used that experience to write a book that he sold out of the trunk of his car. That led to him starting a class that took years to establish and perfect. Eventually, he was offered an opportunity to host a radio show. After a few years of working his tail off, things started to take off. He has now sold millions of books and has just celebrated his 20th year on the radio.
As he was working through all of this, he decided to go back to all of his previous creditors and he paid them all of the money that he had originally claimed in BK. He realized that in his new line of work, he SHOULD make his creditors whole. That is a person of integrity.
You may call him a “fast and loose flim-flam man” all you want, but the fact is that he has helped millions of people better their lives and become financially stable. These folks are independent and are generally not in the moocher class. Just imagine how much stronger our citizenry would be if everyone lived by the common sense principles that Dave teaches. Just imagine how much stronger our country would be if our federal budget used the same principles.
Clearly your opinion of him is not based on factual truth, so I suspect you have an underlying reason for what you posted. I’ll refrain from making any specific accusations.
I wish you luck with your own financial approach.