Is Dave Ramsey qualified?

At age 18, Ramsey took the real estate exam and began selling property, working through college at The University of Tennessee, Knoxville, where he earned a Bachelor of Science degree in Finance and Real Estate.

Is Dave Ramsey licensed in life insurance?

For those of you familiar with Dave Ramsey and his opinions about life insurance, you may find it interesting that he’s not licensed to sell life insurance.

What does it take to be a Dave Ramsey ELP?

This is what Dave Ramsey requires of his real estate ELPs: Be willing to work with people who may not have a lot of money to purchase a home. Work in their client’s best interest. Be able to pass the necessary vetting — proper licensing, in good standing, etc.

Does Dave Ramsey endorse blinds com?

Blinds.com now accounts for a third of that manufacturer’s business—not a bad investment on their part! Steinfeld agrees with Dave on another key factor in Blinds.com’s success—get and stay debt-free.

What is a Ramsey ELP?

Endorsed local provider (ELP) is a designation Ramsey’s organization offers to help financial professionals who have been vetted by his organization connect to people looking for personal financial services. Ramsey is best-known for recommending the “snowball plan” to get out of debt.

What is an ELP in real estate?

What is the Endorsed Local Provider (ELP) program? The ELP program is a nationwide service connecting people like you with the top 10\% of real estate agents in their area for help with home buying and home selling.

Do you have to be certified to give financial advice?

Getting licensed is not necessarily a requirement for financial advisors – unless, of course, your specialty requires it. Some advisors want to be able to help their clients by buying and trading stocks, and they’ll need certain licenses. Even just giving advice pertaining to investments requires a license.

Is Dave Ramsey’s life insurance advice any good?

While Ramsey’s message of paying off debts is generally good, his advice about life insurance is, well, hit or miss. Ramsey’s typical answer for life insurance: just buy term. He is really good at talking people into buying it too.

Does Dave Ramsey have a securities license?

Stuff like telling people to take the penalty by getting out of an annuity before they are 59 1/2…because they will “make it up with an investment that is right for them”, then someone like us comes along and shows them how bad of a blunder it was! But no. Dave Ramsey does not have a securities license or any other real financial certifications.

Is Ramsey’s whole life rate of return correct?

Ouch. Finally, Ramsey’s figures on the internal rate of return (IRR) on cash values for whole life and universal life are technically correct. If you pay just the base premium for whole life, and the target premium for universal life, you should usually average 2.6 percent annually and 4.2 percent annually, respectively.