The past weeks have been challenging — in more ways than one. In addition to dealing with the anxiety and health concerns that come from COVID-19, we are also experiencing a significant financial recession.
People have lost jobs. Small businesses are struggling to stay open. Stocks are down.
Whatever your situation, your finances have most likely been impacted by COVID-19. But instead of turning to fear and despair, we should try to see the hope. Yes, this sucks. There’s no denying that. But since we have this time on our hands, let’s put it to good use. Let’s educate ourselves on financial strategies that can prepare us for recession and recovery.
There’s going to be a temptation to act out of fear or desperation right now. Chaotic situations often cause chaotic behaviors, so let’s take a moment to recenter ourselves, take a deep breath, and take back control over our money …
… And who better to teach us how than the legendary Dave Ramsey himself!
Dave Ramsey is a personal money-management expert and an extremely popular national radio personality. His seven best-selling books have sold more than 11 million copies combined.
By age 26 he had established a $4 million real estate portfolio, only to lose it by age 30. Using the wisdom he gained, Ramsey rebuilt his financial life and now teaches others how to be responsible with their money, so they can acquire enough wealth to take care of loved ones, retire with dignity, and give generously to others. In 1992, he started a business (now called Ramsey Solutions) to help people everywhere use their money profitably and wisely. Ramsey runs a multi-million-dollar company with a nationally recognized brand, but he defines success by the number of lives changed through his message of hope.
Dave Ramsey’s iconic radio program, The Dave Ramsey Show, is heard on more than 500 radio stations throughout the United States and Canada. Dave is also the creator of Financial Peace University (FPU), a program that helps people dump their debt, take control of their money, and learn new behaviors around money that are founded on commitment and accountability.
COVID-19 has not only affected our health, but our finances as well. You might be out of a job. You may have lost a ton of money in stocks. Maybe money has always been tight, and you’re scrambling to make ends meet. Don’t let yourself be caught up in fear. There is always hope — even when you hit rock bottom. Don’t make financial decisions based on fear and desperation.
Join me on Episode 938 to learn how to recover from financial recession and make the most of your money with the one and only Dave Ramsey.
Schedule your FREE Product Tour right now and receive your FREE guide “Six ways to run a more profitable business” at http://netsuite.com/greatness