Katie, its a very merry Katie, its a very merry Christmas for eight thousand people who just had ten dollars million in debt paid off and its all thanks to our next guest Dave, Ramsey with Ramsey Solutions joins us now good morning, Dave Good Morning, Katie Merry Christmas, Katie, Merry Christmas! Okay! So tell us all about why you decided to wipe away ten dollars million of debt for eight thousand people. Well, we were trying to come up with something creative to do. We usually have this outlandishly wonderful Christmas Party for our nine hundred and sixty some odd people on our team, and we decided to cut the budget back this year because, obviously doing that in a traditional way, wasnt going to work thisser, I dont we used some of that money to do something fun. My wife Sharon and I went broke thirty years ago. We lost everything thats, how I started: teaching people about money and teaching people to get out of debt. I know how it feels to have check tores call you and bother you and how the shame that goes with that and the condemnation that goes with that and this year has been really tough for people.

We have had divisiveness on the political front on the racial front, masks are, are or no mask. We have everybody in the world finding something to be angry about and arguing about. We decided instead, since God sent his son Jesus to forgive our debts, our sins, that we would buy ten dollars million worth of old medical debt and old credit card debt and old car repossession debt. Can you buy that at pennies on the dollar? I didnt pay ten dollars million for it. We used some of our Christmas budget money from the company to do that, and it was eight will thousand accounts and ten dollars million worth. So our team was able to call about eight people each and talk to them and tell them that their debt was forgiven and it was fun indicate at a time it wasnt. Just you calling or having people call into your show. You have every employee at your company involved in letting people know their good news for the holiday season. Yeah, you know, general rolls city is fun its one of the most fun things you can ever do with money. Even if you are giving away

someone elses money, its fun just walking up and giving somebody three or four hundred bucks or it ten thousand dollars is pretty. If UN would he need some fun in America right now for sure our team, since we were having a lesser Christmas Party, their gift was that they got to make. These eight calls approximately eight each and talk to folks on the phone and the stories and the tears and the will Hallelujahs and the praise gods that came out of the other end of the phone were just amazing, and you know this lady right here. She just testified for about ten minutes on Facebook over it. It was absolutely incredible, and our team got the joy of doing that, and usually with our giving Ramsey Family Foundation, those kind of things we stay off the radar. But we wanted to publicize this one to encourage other people into generosity this year, because there is a lot of folks that need help. Thisser I dont Katie, as you mentioned its been a very difficult financial year that continues in to the new year. What would be your advice generally for people who have had a very difficult time because they lost their job or

they were in debt before the pandemic hit and now its even worse? How do you think they should proceed into two thousand and twenty one? Well e? Its tough and different situations require different actions, obviously, but anything we can do to get income coming in and keep the wolf away from the door so to speak and keep the basics done: food, shelter, clothing, transportation! If you can keep the four walls going, we call it are. You can relax and deal with master card or Sallie Mae later she can sit, she can wait, but we are going to feed the kids, keep the lights on, and that gives you a sense of peace. While you rearrange yourself and then the second thing you get out of this same thing, that happened with Sharon and I, when we went broke thirty years ago, never again moment, two thousand and twenty one needs to be your re set. This is im, never going to be susceptible to anything like this ever again, im going to get out of debt im going to build my savings, be on a plan. My spouse and I build communication, build a real life here. That is not as vulnerable as we were when we were living paycheck to

paycheck and buying everything in sight and just yellow YOLO. Eight eight Dave Ramsey. Thank you so much for bringing us a good news story. This morning we appreciate it. Thank you and merry Christmas Katie. Merry Christmas.