Dave Ramsey Smart Dollar Program Review

Employers are offering financial wellness programs more than ever. One of these programs is called the Smart Dollar, created by the Dave Ramsey Solutions team. In this article I review the Smart Dollar program so you can make in informed decision.

Financial wellness programs are becoming popular because employers want to attract the best talent. It’s not enough to provide health insurance programs anymore; people also want to learn how to manage their finances.

The average American has over $58,000 in debt, part of the problem is people’s ignorance on money topics. No one teaches us how to manage our money, so we simply do the best we can.

However, what if you didn’t have to figure it all out on your own?

Even better, what if your employer had a program where you could learn all about budgeting, paying off debt, and building wealth?

You can rise above the crowd and stop living paycheck to paycheck with help from one of these programs. In this article, we’ll discuss everything you need to know about the Smart Dollar Program.

Also Read: How to make money starting with no money

What is the smart dollar program from Dave Ramsey?

The Smart Dollar program is an employee financial wellness program offered by employers.

This is not a class. It is an online platform you can access either on your laptop or your cell phone, and you can learn little by little on your own.

Currently, the program is offered in the English language only. Businesses of all sizes can apply, including small, mid-size, and non-profits.

Smart Dollar Review. What people are saying.

Many employers love the Smart Dollar program because it helps their employees stay healthy. And a healthy employee is an asset, not a liability.

Someone says this about the program:

Smart dollar personal review

If you want to watch a detailed review of what the program entails, here is a video:

What is the copay for the SmartDollar program?

This wellness program from Dave Ramsey has no copay because it’s provided by your employer. Even if you wanted to pay for it, you couldn’t because it is not open to everyone.

Once your employer is part of the program, you can request a sign-up link from their HR department.

The program is free for employees, so you have no copay.

How much does Smart Dollar cost?

The Smart Dollar program cost is not advertised because it is negotiated with each individual provider. Your provider will then subsidize some of the cost for you. If you would like to know more , it is best to head over to the Smart Dollar site.

Smart Dollar App

The Smart Dollar program comes with access to an app called Every Dollar App, which is an app similar to mint where you can:

  • Track Expenses
  • Create categories
  • Generate savings goals
  • Insert due dates for credit card payments.

This is how the app interface looks like:

Smart dollar every dollar app

The price for access to the every dollar app is as follows:

Every dollar pricing

Alll this means that you get to save a lot of fees when you join the Smart Dollar program.

What does the smart dollar program teach?

The program empowers people by teaching them the basics of personal money management. Subjects include:

  • Creating an emergency fund
  • Reducing and eliminating debt
  • Paying off your mortgage faster
  • Building a family budget

The program is not all about reading articles. It gives you access to tools and calculators to reach your goals quicker.

For example, there is an emergency fund tool, a retirement planner tool, and even a debt snowball tool. All these tools save you time, and they come with instructions on how to use each.

Benefits for employees

Employees get access to a set of tools that will help them manage their finances better. It all starts with the 7 baby steps where employees get quick wins and move on to the next item on the list. When you focus on one goal at a time, your chances of success are much better.

Other benefits:

  • Access to the 7 baby steps
  • Budgeting tool
  • Retirement Planner tool
  • Debt snowball tool
  • Mortgage payoff calculator
  • Net worth calculator

Benefits for employers

Employers who care about their team members do more than just give them a paycheck. They understand that knowledge is power, and the more financial education their employees get, the less economic burden they will have in their personal lives, which can translate into better productivity at work.

Employers can benefit from providing financial wellness programs. Benefits such as:

  • Reduced turnover
  • More productive team members
  • Reduced costs in training new employees
  • A more financially savvy workforce
  • Increase company loyalty
  • Higher satisfaction from employees
  • More people signing up for retirement plans

One thing I liked about this program is the ongoing help that Ramsey Solutions provide to the Human Resources departments. Help with promotional material and other motivators to increase employee engagement.

Learn more about the SmartDollar program.


As an employee, I wish my company had a financial wellness program. By understanding how money works, I could have made better decisions and improved my financial situation.

The lines between work and personal life are thinner with the rise of remote work. If employees are happy because they make better money decisions, they will be less likely to find a better-paying job.

Dave Ramsey’s Smart Dollar program is a great way to add to your company’s employee benefits. Help your employees take control of their financial situation.

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