The Great Recovery ~a video by Dave RamseySubmitted by Road Runner on Tue, 07/05/2011 - 20:57
Thanks to Dave Ramsey's plan, I became debt free right before the 2008 recession hit and I lost my job. Since I had volatile employment and big cuts in wages. But because I was debt free, instead of this destroying my finances, it was merely a speed bump. I'm more than back on my feet now.
Also, DR's mutual fund advice allowed my 401ks to not only weather the 2008 storm quite well, my funds bounced back way ahead of the Dow...I'm even outperforming gold right now.
I really like this video because I believe that things aren't as bad as the government/media makes them out to be. Sure, to the people that don't handle their finances, this hiccup in the economy was a disaster. Well, the lesson isn't to run and hide, it's to straighten out one's finances. Via my experience the last few years, I plainly see that one can still get financially wealthy quite easily in this country. It's a shame, a waste, and frankly, cowardly, to wallow in chicken hawking bull squeeze.
We are US citizens...optimistic, rugged, etc. Apply that elbow grease, that American know how, etc.
The Great Recovery has been and always will be having the correct mindset.