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