re: How many of you follow Dave Ramsey's advice for everything?

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Did he actually do it by following his own advice?

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I'm not too well versed in his ideas, but I remember back when the PPPs were flowing like wine, his advice was to not apply for it because there was a chance it would not be forgiven. Ramsey himself took a gamble on his new development outside of Nashville by applying for a tax credit dependent on hitting employment numbers over a time period.

A key differences is one is a credit over time and one is a one-time potentially forgiven loan (which almost all were). They are similar in that they rely on things outside of your control. So, yeah, Ramsey somewhat went against his own advice, but, eh. I think Ramsey's total credit is something in the neighborhood of $4-5 million over a long time period, and his empire is worth about $200 million, so whatever.

Ramsey simplifies things for people who want it simple. He's not a dumb guy, and he has smart people working for him, so I'd imagine he's going to take risks that he himself would advise against to others.

Do I follow any of his advice? No, but my risk threshold and financial literacy is higher than his average listener.