Posts Tagged ‘Dave’
March 30th, 2010 | 
Author: 
In this weeks Conarchys Corner (length: 9 minutes) Ed Conarchy discusses the focus that many so called financial experts put on debt elimination. They dont stop at telling you to payoff your credit cards, they go on to say payoff your mortgage ASAP too. Ed explains why if you follow their advice it does work and gets you debt free, but may actually keep you from reaching the very financial security you seek. So get the skinny on debt elimination vs. wealth creation and hear the great analogies Ed shares with you to prove his point.
Duration : 0:9:21
Best selling author and radio talk show host Dave Ramsey tackles the debt myths.
Duration : 0:10:15
My hero, Dave Ramsey, tells of abusive practices and the violation of Federal law incorporated by debt collectors – particularly credit card debt collectors. Most people do not know that they have rights guaranteed to them by the Fair Debt Collection Practices Act (FDCPA) and debt collectors knowingly and habitually break these laws in order to frighten them into paying.
IT IS NOT AGAINST THE LAW TO OWE MONEY!
Do not allow yourself to be lied to (example: “You’re going to go to jail if you don’t pay this” is one of their favorites!) or treated without the dignity you deserve.
KNOW YOUR RIGHTS UNDER THE FDCPA:
Collectors can NOT call you before 8 am or after 9 pm
Collectors can NOT threaten to have you arrested or charged with a crime if you dont pay
Collectors can NOT continue to call after you have indicated you want them to stop (record your conversation with them, tell them you ARE recording it, write the date and time down in a journal, and follow up with a certified letter stating they may no longer call.)
Collectors can NOT call friends, family members or colleagues repeatedly in order to get you to pay (they may call your acquaintances ONCE in order to track you down and may NOT mention that you owe money or give ANY information that would lead someone to believe that they are attempting to collect a debt.)
For more information on your rights under the FDCPA, please visit my website at www.myarrp.com (click on the “Help With Credit” link at the top.)
To the scum debt collectors reading this: We’re mad as and we’re not going to take this any more! We the People are being educated as to your tactics, garnering strength and numbers, and proposing legislation. We’ll be in touch with you…
Duration : 0:5:56
Posted in debt help | 
Tags: Act, Advocate, america, american, assistance, bank, cards, collection, Collections, collectors, consumer, credit, Dave, debt, discover, Electric, Express, Fair, Fargo, GEMB, General, help, MBNA, money, of, Penney, Practices, Ramsey, Scum, sears, Wachovia, Wells | 
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GRAND RAPIDS, Mich. (WOOD) – Personal financial guru Dave Ramsey, known around the nation for helping Americans get out of debt and live in financial peace, spoke Thursday night Van Andel Arena in Grand Rapids.
24 Hour News 8’s Suzanne Geha talked with him prior to the event.
Thousands of people spent a few hours Thursday night with Dave Ramsey in Grand Rapids.
The national radio host and personal financial expert gave a seminar at Van Andel Arena. 24 Hour News 8’s Suzanne Geha spoke with Ramsey before the event.
His seven tips to financial peace are –
Step 1: $1,000 to start an emergency fund
Step 2: Pay off all debt using the debt snowball
Step 3: 3 to 6 months of expenses in savings
Step 4: Invest 15% of household income into Roth IRAs and pre-tax retirement
Step 5: College funding for children
Step 6: Pay off your home early
Step 7: Build wealth and give (invest in mutual funds and real estate)
Duration : 0:15:19
Dave Ramsey, a well-known talk show host, is brilliant when it comes to managing spending, debt, and real estate. I recommend his books in my books and frequently hand out his DVD’s on budgeting and cash flow management. However, when it comes to understanding investments and portfolio withdrawal rates, Dave could use a little education.
Rick Kahler, CFP, resides in Rapid City, South Dakota and is a fee-only financial planner. He is the co-author of “The Financial Wisdom of Ebenezer Scrooge” and “Conscious Finance,” both available on Amazon.com. You can learn more about Rick at wwww.kahlerfinancial.com.
Duration : 0:5:36
