How does Ramsey make money?

Answered by Phillip Nicastro

Dave Ramsey makes money through various sources. One of his primary sources of income is his businesses, which include Ramsey Solutions, a financial education company. Through Ramsey Solutions, he offers various products and services such as books, online courses, and live events, all aimed at helping individuals and families improve their financial situation. These products and services generate significant revenue for him, contributing to his overall wealth.

Another important income stream for Dave Ramsey comes from his widely popular radio show, The Dave Ramsey Show. The show is syndicated across many radio stations, reaching millions of listeners. As a financial educator, Ramsey provides advice and guidance on various financial topics, including budgeting, debt management, investing, and retirement planning. The show also features call-ins from listeners seeking financial advice, which further enhances its popularity. Through advertising and sponsorships on his show, Ramsey earns a considerable amount of money.

In addition to his businesses and radio show, Dave Ramsey generates income from his real estate investments. Over the years, he has built a successful real estate empire, investing in both residential and commercial properties. Real estate investments can provide a reliable source of passive income, contributing to his overall wealth. Ramsey’s expertise in real estate investing has also allowed him to write books and create educational content on the subject, further expanding his income streams.

Furthermore, Dave Ramsey has embraced the digital age and leveraged the power of the internet to generate income. He has a strong presence on YouTube, where he shares videos covering various financial topics. With over 1.3 million subscribers, his YouTube channel is monetized, allowing him to earn revenue through advertising. Given the popularity of his content and the large audience he has built, it is estimated that he earns millions of dollars annually from his YouTube channel alone.

Dave Ramsey makes money through his businesses, including Ramsey Solutions, his radio show, The Dave Ramsey Show, his real estate investments, and his YouTube channel. These income streams, combined with his expertise in financial education and real estate, have contributed to his reported wealth of $200 million.