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Dave Ramsey talks to 24 Hour News 8

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

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From debt to success in one easy step !

Danny Hill was once in huge debt. Today he is the managing director of dbx Ltd. in Sudbury Hill, Harrow, London, United Kingdom. In this interview he explains and tells his story how he made an impossible thing real: From debt to success in one easy step ! Production: Andreas Klamm, August 2006, London

Duration : 0:27:21

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Identity Theft – Bloomberg: Your Money

In an age when your credit score determines not only the interest rate you get on loans, but everything from insurance premiums to apartment rentals to jobs, identity theft can be financially devastating. Learn how to minimize your chances of having your identity stolen, and what to do if it is.

Duration : 0:4:31

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