Saturday, October 9, 2010

MORE THAN 1 MILLION FAMILIES HAVE COMPLETED DAVE RAMSEY’S “FINANCIAL PEACE UNIVERSITY”

Nashville, Tenn. — Financial Peace University (FPU), the 13-week program taught on DVD by Dave Ramsey has now helped more than one million families gain hope for their financial future. This life-changing program teaches families and individuals about personal finance through common-sense principles and small group accountability. Dave Ramsey began teaching FPU classes in 1994 every night around Nashville, Tennessee. In 1997, FPU was made available on video and began spreading across the country.

"This is an amazing landmark for our company. When I started teaching FPU fifteen years ago, I never imagined it would grow to reach over a million families across the country. We hear from people everyday who have changed the way they think about money because of FPU," says Ramsey.

FPU is currently available for churches, companies, military bases, financial literacy programs, Spanish-speaking organizations, community groups, and online. Through these multiple outlets, FPU has positively changed marriages, helped military families communicate overseas, and transformed the lives of families and individuals across the country.

Financial Peace Workplace Edition (FPW) is held in companies of all sizes, from corporate environments to small businesses. Beth and Hank Jones decided to attend FPW when her company offered the class in February of this year. "FPW eased frustration in our marriage from lack of communication. The class opened our eyes to our financial situation and made us aware of where our money was going. Because of FPW we have changed our spending habits and attitudes towards our finances," Beth said.Financial Literacy programs in nonprofit organizations and prisons use FPU to provide their clients with direct, common-sense lessons about money that create self-sufficiency. Diane Gohl with the African Resource Center in Los Angeles, Calif. has taught the class to residents in their shelter. "I feel strongly that it is not enough to teach those that are low income or underserved in our society just the basics of financial literacy. FPU allowed me to teach residents in our shelter how to make financial plans and goals so they are able to avoid debt and succeed financially," comments Gohl.FPU Church combines informative financial advice with biblical messages so that members are able to eliminate debt and give like never before. Central Christian Church in Las Vegas, Nev. has put hundreds of families through FPU since the beginning of 2009, including Stephanie and Rick Kinney. They began with over $190,000 in debt and have been able to eliminate over $30,000 since February 2009. "FPU was a ground shaking experience for our family. It has given us a plan for our finances and a plan to build the wealth that before we thought would arrive on its own," says Stephanie.

As they work through the program, the average family pays off $5,300 in debt and saves $2,700 in the first 91 days after beginning FPU and is completely out of debt, except for the mortgage, in 18 to 24 months.

Visit www.daveramsey.com for more information.

About Dave Ramsey
Dave Ramsey is a personal money management expert, an extremely popular national radio personality and best-selling author of The Total Money Makeover and host "The Dave Ramsey Show on the Fox Business Network." In his latest book, a follow-up of his enormously successful New York Times best-sellers Financial Peace and More Than Enough, Ramsey exemplifies his life's work of teaching others how to be financially responsible, so they can acquire enough wealth to take care of loved ones, live prosperously into old age, and give generously to others.

Ramsey knows first-hand what financial peace means in his own life – living a true riches to rags to riches story. By age twenty-six he had established a four-million-dollar real estate portfolio, only to lose it by age thirty. He has since rebuilt his financial life and now devotes himself full-time to helping ordinary people understand the forces behind their financial distress and how to set things right – financially, emotionally, and spiritually.

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