Dave was born in East Tennessee and raised in Nashville. He received a B.S. in finance and real estate from the University of Tennessee, and then went on to found Ramsey Investments, Inc., a real estate brokerage firm, which specialized in foreclosure and bankruptcy real estate.
Dave had accumulated more than $4 million by flipping rental property in the 1980's, when the new owners of the bank called his bank notes, he instantly lost his entire portfolio and virtually everything he owned by age 30.
After a few humbling years Dave formed the Lampo Group in 1988, to help people discover financial peace through personal finance counseling, broadcasting, publishing, and seminars.
Around the same time, Dave got his radio beginnings, when he offered to work a month for free. That month turned into The Money Game which has been offering more than a decade of great financial advice for the local Nashville listeners.