Dave Ramsey’s Best Financial Advice for the Jewish Community | Kosher Money Episode 39

Welcome to Kosher Money, a podcast that helps Orthodox Jews and people across the world make smart financial decisions and achieve their money goals. In this episode, we have a special guest: Dave Ramsey, the bestselling author and host of The Ramsey Show. Dave is a personal finance expert who has helped millions of people get out of debt and build wealth. He is known for his practical, no-nonsense approach to money management, and the Kosher Money team wanted his takes on the unique nuances that Orthodox Jews face as it relates to money. In this episode, we sat with Dave at Ramsey Solutions' new HQ in Franklin, TN to discuss biblical outlooks on money, his famous baby steps, the importance of aversion to debt, how financial stability impacts other core areas of life, financial education and children, charity, inflation, and SO much more! TIME STAMPS 00:00 Intro 03:12 Kosher Money at Ramsey HQ 03:30 The Big Orthodox Jewish Question 05:07 Biblical Principles of Money 08:30 Leniencies in the Baby Steps? 10:32 The Dangers of Credit Cards 12:08 Home Buying and Peer Pressure 15:58 Money Impacting Entire Life 20:37 Infinity Land Services 22:10 Raising Independent Kids 26:00 Allowance for Children? 27:38 Approved Funding 32:12 The Power of Charity/Tithing 34:55 Advice If You Fell Into Debt 39:44 Successfully Finding Work-Life Balance 42:34 Dave Ramsey's Advice on Inflation 45:47 Colel Chabad in Israel 47:40 Something More Important Than College 52:39 Entrepreneurship vs. Employment 54:26 How to Get Started with All Things Ramsey 57:19 Dave's Encouraging Message for You 1:01:44 Outro If you have questions/feedback to share on this weeks episode, please email koshermoney@livinglchaim.com ► SPONSORS OF THIS EPISODE: ✬ Infinity Land Services: When your real estate transaction is protected through Infinity, you get meticulous coverage, clear communication, and zero drama—title after title after title. Visit https://ilstitle.com/ to learn more. ✬ Approved Funding: Looking to purchase a home? Looking to refinance? Looking to speak to a mortgage professional? Speak to Shmuel Shayowitz at https://approvedfunding.com/Mortgages/ ✬ Colel Chabad: Please help Israel's neediest people! They need you! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! ► MENTIONED LINKS • Rabbi Lapin's 'Thou Shall Prosper' Book: https://amzn.to/3v4vLNu • Ramsey's Real Estate Webinar: https://youtu.be/fORUvZNm3oo  • The Ramsey Show: https://www.youtube.com/@TheRamseyShow • 'Baby Steps Millionaire' Book: https://amzn.to/3W2TQjv • 'Total Money Makeover' Book: https://www.amzn.to/3G6fMVa • Financial Peace University: https://bit.ly/3YubKgN • Find More Financial Guidance at https://LivingSmarterJewish.org If you have a story to share or a guest suggestion, please fill out this form: https://www.livinglchaim.com/suggest ✬ Donate and Inspire Millions (Tax-Deductible) ✬ Your generous donation enables us at Living Lchaim to share uplifting messages globally, enrich lives, and foster positive change worldwide! Thank you! 🙏 ➡️ https://www.livinglchaim.com/donate ____________________________________ Follow Kosher Money on social media: TikTok - https://www.tiktok.com/@koshermoneypod Instagram - https://www.instagram.com/koshermoneypod Follow Living Lchaim on social media: TikTok - https://www.tiktok.com/@livinglchaim Instagram - https://www.instagram.com/livinglchaim/ Facebook - https://www.facebook.com/livinglchaim LinkedIn - https://www.linkedin.com/company/living-lchaim ____________________________________ Free call-in-to-listen feature: 🇺🇸 USA: (605) 477-2100 🇬🇧 UK: 0333-366-0154 🇮🇱 ISRAEL: 079-579-5088 Need financial guidance? Get help from our awesome friends at https://LivingSmarterJewish.org/ WhatsApp us at 1-914-222-5513 - we love feedback, legit! For bonus content on our episodes, visit http://Mishpacha.com or pick up a new Mishpacha magazine weekly! Subscribe to our YouTube channel for more great content! :) Oh, and again: all investment strategies and investments involve risk of loss. Nothing contained in this episode or any of our episodes and videos should be construed as investment advice. #Money #TheRamseyWay #FinancialFreedom #FinancialEducation #KosherMoney