Dave Ramsey Net Worth, Wife, Books, Kids and Baby Steps in 2025

Dave Ramsey Net Worth is approximately $200 million, a testament to his success as a renowned American radio personality, financial expert, and author. Known for his practical financial advice, Ramsey has helped millions of people achieve financial freedom through his Seven Baby Steps method. His bestselling books, including “The Total Money Makeover”, “Financial Peace”, and “Smart Money Smart Kids”, have made him a household name in the personal finance world. Ramsey influence extends to his family, including his children Rachel Cruze, Denise Ramsey, and Daniel Ramsey. With a strong presence on YouTube (@TheRamseyShowEpisodes) and Instagram (@daveramsey), he continues to inspire others to take control of their finances.

Dave Ramsey Biography

Attribute	Information
Date of Birth	September 3, 1960
Birth Place	Antioch, Tennessee, USA
Age	64 years old (as of 2025)
Residence	Franklin, Tennessee, USA
Country	United States
Profession	Financial Advisor, Author, Radio Show Host
Education	Bachelor of Science in Finance, University of Tennessee, Knoxville
Nationality	American
Religion	Christianity
Horoscope	Virgo
Spouse	Sharon Ramsey
Net Worth	Approximately $200 million
Books	“The Total Money Makeover,” “Financial Peace,” “Smart Money Smart Kids,” “The Legacy Journey,” etc.
Kids	Rachel Cruze, Denise Ramsey, Daniel Ramsey
Baby Steps	1. Save $1,000 for your starter emergency fund. <br> 2. Pay off all debt (except the house) using the debt snowball. <br> 3. Save 3–6 months of expenses in a fully funded emergency fund. <br> 4. Invest 15% of your household income in retirement. <br> 5. Save for your children college fund. <br> 6. Pay off your home early. <br> 7. Build wealth and give
Young	Dave Ramsey started his career in real estate and faced bankruptcy in his late 20s
YouTube	@TheRamseyShowEpisodes
Instagram	@daveramsey

Dave Ramsey is a financial expert who gained national prominence with his radio show, The Dave Ramsey Show. He is the founder of Ramsey Solutions, a company dedicated to helping individuals and businesses achieve financial peace. His straightforward advice and no-nonsense approach have made him one of the most trusted financial advisors in the United States.

Early Life and Career

Born on September 3, 1960, in Nashville, Tennessee, Dave own personal financial struggles and triumphs have shaped the foundation of his career. His experience in overcoming personal debt and managing his finances in the face of adversity has made him a relatable figure for many Americans struggling with money management.

The Birth of Ramsey Solutions

Dave Ramsey founded Ramsey Solutions, a company that helps individuals with budgeting, debt management, and wealth-building strategies. Over time, it has become a massive platform that offers financial tools, resources, and coaching for people worldwide.

Dave Ramsey Net Worth in 2025

As of 2025, Dave Ramsey net worth is estimated to be approximately $200 million. This impressive wealth is primarily derived from his radio program, books, live events, and his financial advice empire. The success of Ramsey Solutions, which includes a variety of financial tools, courses, and even a financial coaching service, has contributed significantly to his fortune.

Sources of Income

Ramsey financial empire doesnot just stop at his radio show. He also generates significant revenue through book sales (he is written multiple bestsellers), speaking engagements, and his comprehensive financial education programs. His online platform, which offers courses and financial tools, has brought him in touch with millions of people globally, further boosting his wealth.

Financial Education and Global Impact

While many financial experts earn their living primarily from investments or stock trading, Ramsey wealth comes from his ability to educate others about budgeting, debt elimination, and wealth-building strategies. His teachings on how to get out of debt and achieve financial freedom have resonated deeply with a wide audience.

Dave Ramsey Wife: Sharon Ramsey

Dave Ramsey wife, Sharon Ramsey, has been a crucial part of his personal and professional life. The couple married in 1982 and has been together for over four decades. Sharon has supported her husband throughout his financial journey and has been involved in Ramsey Solutions as well. Though she is not as publicly visible as Dave, Sharon is contributions to their shared business and personal life cannot be understated.

Their Relationship and Marriage

Together, Dave and Sharon have navigated both financial success and struggle. Early in their marriage, they faced the burden of significant debt, but with a strong commitment to their financial goals, they were able to pay off millions in debt. Their story serves as a testament to the principles they now teach others: financial peace is achievable when you stay disciplined and focused.

Sharon Role in Ramsey Solutions

Sharon Ramsey role as a mother and wife has been integral to Dave success. Her supportive nature and dedication to their family life have helped balance the public and private sides of Dave career. Although Sharon often stays out of the spotlight, her influence and partnership are essential to the work that Dave does.

Dave Ramsey Books: Bestsellers and Financial Wisdom

Dave Ramsey is a prolific author, and his books are among the most popular financial guides available. His writings have touched millions, providing step-by-step strategies for managing money, getting out of debt, and achieving financial freedom. Some of his most well-known books include:

The Total Money Makeover

This book is Dave Ramsey most successful and widely read work. It outlines his Seven Baby Steps, a proven method for getting out of debt, saving for the future, and building wealth. With easy-to-follow instructions and real-life success stories, The Total Money Makeover offers practical advice that people of all financial backgrounds can use.

Financial Peace

In this book, Ramsey takes readers through the steps of financial peace, explaining how to make wise financial decisions and eliminate the stress that comes with money problems. This book also dives deep into the emotional aspect of money and provides readers with the mindset needed to achieve long-term financial success.

Dave Ramsey Kids

Dave Ramsey has three children: Rachel Cruze, Daniel Ramsey, and Denise Ramsey. His children have been raised with the same financial principles that Dave preaches on his radio show and in his books. The Ramsey kids have followed in their father footsteps, and Rachel Cruze, in particular, has become a financial expert in her own right.

Rachel Cruze: Financial Expert in Her Own Right

Rachel Cruze, Dave eldest daughter, is a popular financial personality and author. She has written books such as Smart Money Smart Kids and Love Your Life, Not Theirs. Rachel financial philosophy is closely aligned with her father, focusing on budgeting, debt freedom, and living within one means. Her success has helped expand the Ramsey brand even further, reaching a younger audience interested in personal finance.

Daniel and Denise Ramsey: The Next Generation

Though less publicly known, Daniel and Denise Ramsey have also grown up with the financial discipline instilled by their father. While Daniel has worked at Ramsey Solutions, Denise professional journey has not been as widely discussed. However, all three of Dave children have benefitted from the same financial education that has helped him build his empire.

Dave Ramsey Baby Steps: The Roadmap to Financial Freedom

One of the cornerstones of Dave Ramsey financial philosophy is his Seven Baby Steps. These steps are designed to help individuals and families take control of their money, eliminate debt, and start building wealth. The Baby Steps have been a transformative tool for millions of people and are the foundation of Ramsey financial teachings.

Overview of the Seven Baby Steps

Here are the Seven Baby Steps:

1. Save $1,000 for Your Starter Emergency Fund
   The first step is about building an emergency fund to cover unexpected expenses. This is crucial for preventing debt from building up when life throws financial challenges your way.
2. Pay Off All Debt (Except the House) Using the Debt Snowball
   Dave recommends using the debt snowball method to pay off debt. This means tackling the smallest debt first and then moving on to larger debts. It is about gaining momentum and eliminating financial stress.

The Final Steps

3. Save 3–6 Months of Expenses in a Fully Funded Emergency Fund
   Once you have paid off debt, it is time to build a larger emergency fund to cover three to six months of living expenses, providing financial security in case of job loss or other major life events.
4. Invest 15% of Your Household Income in Retirement
   Investing for retirement is crucial, and Ramsey advocates for contributing 15% of your household income into retirement accounts such as 401(k)s and IRAs.
5. Save for Your Children College Fund
   Education is a priority for many parents, and saving for your children college education can help reduce the financial burden later in life.
6. Pay Off Your Home Early
   Once you are financially secure, it is time to pay off your mortgage early. This step frees you from the burden of housing debt and increases your financial freedom.
7. Build Wealth and Give
   The final step is all about living a wealthy life, not just in terms of money but also in generosity. Dave encourages individuals to continue building wealth and use that wealth to help others.

Dave Ramsey Young Journey: Starting in Real Estate and Facing Bankruptcy

Dave Ramsey journey to financial success wasnot always smooth sailing. In his late 20s, Dave started his career in real estate and built a significant fortune. However, his early success was short-lived. After taking on too much debt, Ramsey real estate empire collapsed, leading him to declare bankruptcy in the early 1990s.

Overcoming Bankruptcy

This experience was a turning point in Dave life, teaching him invaluable lessons about the dangers of debt and the importance of living within his means. He turned this hardship into motivation, and it ultimately led to his work in personal finance. His Seven Baby Steps became the foundation of his teachings, which have helped millions of people avoid the same financial pitfalls that nearly ruined him.

A New Focus on Financial Education

After his bankruptcy, Dave Ramsey became deeply passionate about educating people on how to avoid the financial mistakes he made. This led to the creation of his radio show and the development of his now-famous Baby Steps program.

Dave Ramsey YouTube

As of 2025, Dave Ramsey YouTube channel has become one of the go-to resources for anyone seeking financial advice. His YouTube presence, which includes snippets of his radio show, interviews, and financial tips, reaches millions of viewers worldwide.

The Rise of Digital Platforms

Ramsey YouTube channel, under the handle @TheRamseyShowEpisodes, offers a variety of content, from personal finance advice and success stories to interviews with guests who share their financial journeys. His goal is to make financial education accessible to everyone, regardless of location or financial background.

Reaching Younger Audiences

In addition to his radio show and books, Dave Ramsey online presence on YouTube has allowed him to expand his influence to a younger, tech-savvy audience. His clear, concise videos make financial education digestible for people who prefer visual learning.

Dave Ramsey Instagram: Building a Financial Community

Dave Ramsey Instagram account, @daveramsey, has become another key platform for him to connect with his audience. Through Instagram, Dave shares motivational quotes, financial tips, and personal stories that resonate with his followers. His posts help inspire people to take control of their finances and lead a debt-free life.

FAQ

Conclusion

In 2025, Dave Ramsey is not just a financial expert; he is an iconic figure in the world of personal finance. His net worth reflects the success of his empire, which includes his radio show, bestselling books, financial tools, and YouTube channel. His wife, Sharon, has been his constant support throughout their financial journey, and together, they have built a legacy that has helped millions achieve financial freedom.

With his Baby Steps method, Dave has changed the way people approach money and financial planning. From his humble beginnings to his current status as a financial giant, Dave Ramsey influence continues to grow. Whether through his books, his YouTube channel, or his radio show, he is leaving a lasting impact on the financial world.