Friday, March 6, 2009

Dave Ramsey Brings Financial Peace to Residents and Staff

Nancy Alcorn and Mercy Ministries staff member pictured with Dave Ramsey
and his wife Sharon Ramsey at EntreLeadership in Nashville, TN.
Dave Ramsey, a long-time supporter of Mercy Ministries, is known across the country as a personal money management expert. He is also an extremely popular national radio personality and author of New York Times Best Sellers - The Total Money Makeover, Financial Peace and More Than Enough. Over the years, Dave has generously donated his expertise and resources to the residents and staff at Mercy Ministries.

Mercy Ministries Founder, Nancy Alcorn, first met Dave and Sharon Ramsey shortly after they had gone through bankruptcy and long before Dave had written his first book. Even at that particular point, there was a divine connection, and Dave and Sharon had an amazing heart for Mercy Ministries from the very beginning. Little did we know what the future would hold for Dave with the birth of his organization, the tremendous growth he would experience, and that he and Sharon would be among our most generous and faithful supporters.

Today, before graduating from the Mercy program, all of our residents complete Financial Peace University - a life-changing program developed by Dave Ramsey that teaches people how to make smart decisions with their money. The girls learn how to balance a checkbook and make a budget. Each of the 13 Lessons in the program deals with a different topic that will change the way one thinks about personal finance. Through Financial Peace along with his other programs, Dave teaches about how to save money, live on a budget, communicate about money, eliminate debt and credit cards, find bargains, build wealth, and experience the joy of giving – all from his own life experience of going from being bankrupt to being a millionaire.

Dave and his wife Sharon have an amazing heart for Mercy Ministries and a huge desire to help the younger generation so they don’t face financial hardship in their future. Dave’s books and resources empower our girls with the practical knowledge, skills, and confidence that are needed to attain their financial goals and allow them to experience true financial peace! His mission with the Financial Peace program in particular is to empower students to make sound financial decisions for life, and it has been very successful. On average, participants pay off $5,300 in debt and save $2,700 in just 13 weeks.

In addition to donating books and resources for our residents and staff, several of our leaders have had the opportunity to attend Dave’s EntreLeadership Seminars – an intensive business conference that teaches the Biblical principles of leadership and growth, and how to operate a successful organization. Each Mercy Ministries leader who attended this event walked away with a wealth of practical information to be applied to Mercy’s growth and structure. The entire ministry has been positively affected by the application of these principles. What a blessing to be able to attend such an impactful event!

The Ramsey family also surprises Mercy residents every Christmas with a new pair of pajamas - which is always one of the girls’ favorite Christmas gifts! And as a part of our ministry partnership, Nancy Alcorn has been invited to speak to Dave’s 100+ staff members to encourage them in their own personal walk with the Lord.

Mercy Ministries of America would like to thank Dave and Sharon Ramsey for giving so generously of their resources and support. Investing time, expertise, books and materials, and financial resources to Mercy Ministries has literally been life-changing for our residents and staff. We are so grateful!!

To learn more about Dave Ramsey or to order his books and resources, visit his website at