Time Magazine: Dave Ramsey
The March 24th edition of Time Magazine has an article titled, “10 ideas that are changing the world.” I was excited to see that one of them on the list was living within our means. Dave Ramsey was labeled as one of the strong forces creating this change in our time.
The article made mention of how our national savings rate (savings as a percent of disposable income) has been decreasing quickly - especially over the last 30 years (10% in 1980 to 0.4% in 2007).
But the good news is that they are saying culturally we are making a shift. People are beginning to realize how out of hand this debt thing really is. Granted, many people still are not taking action, but at least people are beginning to realize that it is a problem. This is always the first step.
As Dave said, “Maybe a whole generation […]
Original post by bob