"Dave Ramsey Advises 20-Year-Old Walmart Employee Earning $20 an Hour with $7K Debt to 'Make a Change'"
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 16 2025
0mins
Source: Yahoo Finance
Financial Struggles: An anonymous Arkansas Walmart worker earning $20 an hour shared their financial difficulties, including $3,000 in credit card debt and $4,000 owed to the IRS, while expressing a desire to improve their money management skills.
Advice from Dave Ramsey: Personal finance expert Dave Ramsey emphasized the importance of recognizing financial problems as the first step to change, advocating for budgeting, reducing spending, and altering behaviors to achieve better financial outcomes.
Practical Tips: Ramsey and co-host Rachel Cruze suggested practical strategies such as meal planning to reduce dining out expenses and creating a written budget before each paycheck to gain control over finances.
Behavioral Change: Ramsey compared financial discipline to fitness, stating that real results come from prioritizing effort over comfort, and encouraged the writer to adopt a mindset focused on long-term financial health rather than immediate gratification.
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Analyst Views on WMT
Wall Street analysts forecast WMT stock price to rise
26 Analyst Rating
25 Buy
1 Hold
0 Sell
Strong Buy
Current: 118.130
Low
119.00
Averages
125.75
High
136.00
Current: 118.130
Low
119.00
Averages
125.75
High
136.00
About WMT
Walmart Inc. is a technology-powered omnichannel retailer. The Company is engaged in the operation of retail and wholesale stores and clubs, as well as eCommerce Websites and mobile applications, located throughout the United States (U.S.), Africa, Canada, Central America, Chile, China, India and Mexico. It operates in three reportable segments: Walmart U.S., Walmart International and Sam's Club U.S. The Walmart U.S. segment includes the Company's mass merchandising concept in the U.S., as well as eCommerce, which includes omni-channel initiatives and certain other business offerings such as advertising services. The Walmart International segment consists of the Company's operations outside of the U.S. through its subsidiaries, as well as eCommerce and omni-channel initiatives. The Sam's Club U.S. segment includes the warehouse membership clubs in the U.S., as well as samsclub.com and omni-channel initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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