Following his own advice: No mortgage on his $ 9M mansion

Dave Ramsey’s New Mansion The tax record shows 3 levels in Dave Ramsey‘s Cool Springs home, totaling 13,307 square feet of living area and 1,454 square feet of garage.

Discussion

I guess this is Dave’s version of kingdom living (his earthly kingdom).

I’m assuming that we Financial Peace University graduates helped to pay for that!

Faith is obeying when you can't even imagine how things might turn out right.

I am bracing for the response of anti-Dave sentiment…

(Just FYI — Ramsey continues to buy and sell real estate, in addition to his media work and FPU. He probably works more hours per week than most anyone reading this…)

Church Ministries Representative, serving in the Midwest, for The Friends of Israel Gospel Ministry

His garage is 20% larger than my house! ;-)

I’d recommend David Platt’s Radical for Dave. He may use his house well - practicing hospitality, providing shelter for brother and sisters in need - I have no way of knowing. But Platt’s book (though it has its flaws) does ask some serious questions about the way we live and reminds us that we’ll answer to God for our stewardship during this life. It’s a sobering thought that has caused me and my wife to begin carefully reevaluating the way we use the far-more-than-sufficient things God has provided us.

[Jonathan Charles] I guess this is Dave’s version of kingdom living (his earthly kingdom).
If the building in the picture were a fundamental church, Christian college or mission headquarters, would it evoke the same criticism or philosophical discussion of the use of riches? Or should it…?

Church Ministries Representative, serving in the Midwest, for The Friends of Israel Gospel Ministry

Well, his house choice does say something about Dave Ramsey; it sort of just of reinforces in my mind why he does not impress me. Of course it is hardly immoral to have a big house. But I am hardly surprised to see that he is living a bit ostentatiously considering the philosophy he espouses.

His seminars are full of him bragging about how much money he makes and has and he sells the pipe dream to his devoted followers that they can all be wealthy too. To him, wealth is quite a worthwhile goal.

But is the house itself a problem? No.

[GregH] His seminars are full of him bragging about how much money he makes and has and he sells the pipe dream to his devoted followers that they can all be wealthy too. To him, wealth is quite a worthwhile goal.
Greg,

You haven’t listened to him much, have you ;)

Church Ministries Representative, serving in the Midwest, for The Friends of Israel Gospel Ministry

He has been extremely productive… which in many cases results in an “extreme” number of mutually beneficial trades. So millions wanted what he produced and engaged in what they believed to be a good trade: dollars for info/training, etc.
In a free market, you can rarely be productive without some trades occurring that leave both sides better off.

Views expressed are always my own and not my employer's, my church's, my family's, my neighbors', or my pets'. The house plants have authorized me to speak for them, however, and they always agree with me.

I would never encourage any church to use his program or material. I would tell people that if they wish to privately use his material, have at it. But too much of what he teaches, in spite of a reasonable amount of what he teaches being sound, stands in contrast to our Christian disposition toward material wealth.

He is undoubtedly informed on many financial matters but from all the material I have read, he does not demonstrate more than an elementary consideration of theological issues. This is not a judgment on his faith and walk, rather an observation of what I, as a believer, would expect from one who is elevated among believers as a teacher and see from him. He is a teacher of finances, not the Word, hence he falls into the same trap that many well meaning but theologically lacking voices who are given prominence in the body of our Lord, do fall. Namely giving primacy to their area of expertise with the Scriptures filling the role of divine proof text for their ideas.

Now it cannot be said Ramsey is all proof text, that would quite unfair. And sometimes he is quite right. The objections are not on what is right, but on what is wrong. And on more than scant occasions he arrests texts, both directly and subtly, and superimposes on them, without full regard to all theological considerations, his financial system of values.

And this is why someone like Dave Ramsey, while validly teaching personal financial values and profiting, should do this outside of the church. The body of our Lord has been given Pastor/teachers. We have men whose spiritual gifting, training and fulfillment of essential qualifications will communicate to us, Christians, from the Bible, how we are to esteem money.

Dave Ramsey may teach us financial strategics but he is not trained to function as a teacher of the Word in God’s church. He needs to do what he does outside of the church and within the body, those teachers God has gifted and who are trained and qualified, will communicate to us what the Scriptures have to say about wealth.

Beyond that and into the area of personal financial strategy, if Dave Ramsey has expertise then it is quite valid for him to go into business and teach others his skills at a charge outside the body of Christ.

I do share some of Alex’s concern’s with Ramsey’s proof-texting, yet his financial coaching to help people get out of debt is invaluable. Just like alot of things, one needs to be discerning enough to eat the chicken and spit out the bones.

Our ministry uses some of Ramsey’s materials to teach finances, but we are supplementing a Biblical theology of material possessions to go along with it (Blomberg’s Neither Poverty Nor Riches [url] http://www.amazon.com/Neither-Poverty-nor-Riches-Possessions/dp/0830826… ).

[Alex Guggenheim] The body of our Lord has been given Pastor/teachers. We have men whose spiritual gifting, training and fulfillment of essential qualifications will communicate to us, Christians, from the Bible, how we are to esteem money.

Dave Ramsey may teach us financial strategics but he is not trained to function as a teacher of the Word in God’s church. He needs to do what he does outside of the church and within the body, those teachers God has gifted and who are trained and qualified, will communicate to us what the Scriptures have to say about wealth.
Alex,

I would be happy to agree with you if this were being done, but sadly it is not. Apart from Dave Ramsey and Crown, there would be virtually no Biblical financial teaching occurring in most churches. Many, if not most, pastors are in financial bondage themselves.

Sadly, the situation in many Christian colleges is far worse. Students are taught directly and by modeling (i.e., institutional debt) to “sign on the line” and use student loans to get through school on the presumptuous fallacy that they will “make it all back some day.”

I would hate to be the one arguing that our fundamental churches and Christian institutions teach and practice too much financial literacy and Biblical financial wisdom.

In other words, if you want to knock Ramsey, you had better have something else in mind to replace him with.

Church Ministries Representative, serving in the Midwest, for The Friends of Israel Gospel Ministry