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[joes bar and grill]

I agree, some of his stuff is common sense but most of it is bull trying to sell books.
A lot of gullible people out their looking for answers . All you really need is basic skills taught in home economics and some discipline. Taking low interest rate car loans and mortgage is the smarter thing to do at times.

It's all common sense, he makes millions every year charging people to tell them they're broke, for every book he gives away and writes off he sells a hundred

 

[Ted Decker trk]

I agree, some of his stuff is common sense but most of it is bull trying to sell books.
A lot of gullible people out their looking for answers . All you really need is basic skills taught in home economics and some discipline. Taking low interest rate car loans and mortgage is the smarter thing to do at times.

That's part of the problem. Personal finance is not taught at schools, never really was. They sue tobacco companies and drug companies for marketing and selling tobacco and opioids , maybe they should do the same thing to credit card companies. Getting thousands of dollars in debt on credit cards and student loans will destroy your life.

The proof that personal finance basics is NOT taught in our schools is the TRILLION plus dollars of outstanding student loans.
I see Ramsey as a capitalist. So he preaches common sense and sells books. So what? That's the same thing nutrition/diet people do as well as multitudes of other self help groups.

 

[Fly-by-night]

https://www.thinkadvisor.com/2016/12/28/8-more-dave-ramsey-myths-debunked/

So I read this and would like to point out something that were said in the article:
I know many wealthy individuals who use credit cards responsibly. His system is not for wealthy people. His system is for people to get out of debt and to help them become wealthy.
I’ve also got many clients who used mortgages on investment properties without subjecting themselves to too much risk by over-leveraging. The ones that listen to his show are OVER-LEVERAGED with debt by buying stuff they can't afford.
You’ll spend more when you use credit cards. In the authors study, he used his gas tank. Your gas tank has a limited capacity. Maybe the author need to read other studies done. https://www.forbes.com/sites/billha...ly-spend-more-with-credit-cards/#5031e0791c19
If you pay cash for a car, and save the monthly payment, you will be a millionaire. I will say this would you rather be making interest or paying interest.
What some people don't under stand is that Sear's made more money on it credit card then it did in it's stores.

I have read many article bashing Dave Ramsey, but there other studies out there that show his system works. Maybe I should have said to read the Millionaire Next Door, or Rich Dad Poor Dad