- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Did y'all catch Dave Ramsey rip George Kamel apart over withdrawing 4% from retirement?
Posted on 4/6/24 at 4:04 pm to evil cockroach
Posted on 4/6/24 at 4:04 pm to evil cockroach
His unwillingness to admit that credit cards can be of great benefit to responsible people is probably my biggest pet peeve.
I agree with the other poster about 15 year mortgages not being realistic in the current environment, but his 25% of after-tax is a good guideline.
I like his “pay cash for cars” philosophy if you can swing it, but it requires discipline and willingness to drive cars well past 10 years of life. It’s way too easy for people to overextend themselves with loans on a depreciating asset like vehicles (Covid notwithstanding) and most people buy twice as much vehicle as they need from a cost standpoint.
His basic guidelines are fine. I used to listen to his radio show a lot 15 years or so ago when it aligned with one of my regular drives. When you get a taste of the average person who calls into his show, you understand why he dumbs down so much of what he says.
I agree with the other poster about 15 year mortgages not being realistic in the current environment, but his 25% of after-tax is a good guideline.
I like his “pay cash for cars” philosophy if you can swing it, but it requires discipline and willingness to drive cars well past 10 years of life. It’s way too easy for people to overextend themselves with loans on a depreciating asset like vehicles (Covid notwithstanding) and most people buy twice as much vehicle as they need from a cost standpoint.
His basic guidelines are fine. I used to listen to his radio show a lot 15 years or so ago when it aligned with one of my regular drives. When you get a taste of the average person who calls into his show, you understand why he dumbs down so much of what he says.
Popular
Back to top
Follow TigerDroppings for LSU Football News