Dave Ramsey is America’s trusted voice on money and business. He’s authored seven national best-selling books: Financial Peace, More Than Enough, The Total Money Makeover, EntreLeadership, Dave Ramsey’s Complete Guide to Money, Smart Money Smart Kids, and The Legacy Journey. The Dave Ramsey Show is heard by more than 12 million listeners each week on more than 575 radio stations and digital outlets.
As a seasoned communicator and Ramsey Personality, Rachel Cruze has been speaking to groups as large as 10,000 for more than a decade. The daughter of Dave Ramsey, she joined Ramsey Solutions in 2010 and uses the knowledge and experiences from growing up in the Ramsey household to educate others on the proper way to handle their money wisely and stay out of debt. Rachel co-authored the #1 national best-selling book Smart Money Smart Kids with her dad. Her new book, Love Your Life, Not Theirs, releases October 2016.
A popular and dynamic speaker on the topics of personal finance, retirement and leadership, Chris Hogan helps people across the country develop successful strategies to manage their money in both their personal lives and businesses. He is the host of the Retire Inspired Podcast and the author of Retire Inspired: It's Not an Age; It's a Financial Number, a #1 national best seller. For more than a decade, Chris has served at Ramsey Solutions as a trusted financial coach and Ramsey Personality.
Chris Brown is a nationally syndicated radio talk show host, pastor and dynamic speaker carrying the message of stewardship and intentional living nationwide as a Ramsey Personality. Available on radio stations across the country, Chris Brown's True Stewardship provides biblical solutions and sound advice for questions on life and money. Prior to joining Ramsey Solutions in 2014, Chris spent seven years leading many to Christ while growing churches in North Carolina and Florida. Chris and his wife, Holly, live in Franklin, Tennessee, with their three children.
An inspiring and enthusiastic presenter, Christy Wright has spoken to groups of thousands at corporate events, women's conferences and some of the country's top universities. Christy is also a certified business coach whose direct and genuine presentations cover a range of topics from business and money management to personal development and goal setting.
At age 19, Anthony ONeal was deep in debt and short on hope with no direction of where his life was headed. But after hitting rock bottom, he turned his life around and committed to helping students find and pursue their passions. Since 2003, Anthony ONeal has helped thousands of students succeed with money in their work and personal lives. Now Anthony has joined Ramsey Solutions to spread this encouraging message to students nationwide as a Ramsey Personality.
Giving plays a huge role while becoming debt-free. Here’s how!
Is that 10% before or after taxes?
I think Rachel would say this is a principal not a mathematical formula. From a Christian perspective I think it is before taxes (first fruits) but that’s just my perspective..
Well that is subject to discussion. Dave in one of his speeches says that there is no right or wrong, but if you have to choose go with the bigger (gross) in case you were wrong you are still ok. On the Bible the Lorg says: Give Caesars what belongs to Caesars and give God what belongs to God. So I guess that can lead you to think it should be from the gross.
I understand the curiosity behind the question, but a cheerful giver is not concerned with such. And, as my husband always says, “You can’t out give God.” So, why be so concerned with it. If you give “too much,” He will make sure your needs are met.
Not sure I could work while staring at Cracker Barrel all day. 😉 Thanks for the tip Rachel!
Ha! Missed that. That’s Awesome!!!
While we were still paying on our consumer debt, I didn’t question if I should give or not. I knew I should. However, there were opportunities to give above and beyond 10% (mostly to ministries in our church or to a family in need). In the end, we chose to give even though we were in debt and already giving slightly over 10% and I don’t regret it. But, I would like to know your thoughts on giving extra while paying off debt.
This is probably the best advice on this blog…and I didn’t realize Rockefellar was religious.
Several questions, but the two most burning: If you don’t have enough income to give 10% and pay bills should you give to charity and let the bills lapse; will giving a smaller percentage work? if you’re not involved with a church, can you give the 10% to a food bank, a charity of choice, needy neighbor/family?
I believe that time is money. We don’t have to be stuck in the box that the only thing worth giving is money. When in debt, any money we are giving isn’t really ours to give is how I see it. But, our time IS OURS. So volunteering to help out our church, hospital, pregnancy center, phone help hotlines etc. is a way we can give of ourselves. We all need a break from our jobs, and volunteering (though is work) can still feel like a break from our routine. So, scheduling volunteer hours and calculating them in as part of your tithe while you are in debt may be a good idea. And the great thing is, volunteering is great for building character, esp. when you do it as a family. Once you are out of debt, it would be awesome if you tithed your 10% and volunteered.