Hard lessons learned by 7 financial experts
Dave Ramsey
Who
Author and personal finance expert on the radio.
Mistake
Borrowed too much money when he was 26 years old and had $4 million in real estate.
Result
His “house of cards” fell and he and his wife lost everything over a three year period, were sued, foreclosed on and finally went bankrupt.
Lesson
“After that we said we’d never have debt again – and we haven’t.”
Advertisement
