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re: It costs a lot of money to live
Posted on 2/3/13 at 4:48 pm to Cholo
Posted on 2/3/13 at 4:48 pm to Cholo
quote:
Ramsey fills ignorant people with delusions of being millionaires by 40.
Incorrect. Ramsey is a blessing to the ignorant. Dumb people should treat his word as gospel.
The problem is he dupes a lot of young people who would never live like the callers on his shows, and uses the religion to do so. If I lived like Dave Ramsey preached I'd be 250k poorer today. That is fact.
1
Posted on 2/3/13 at 5:05 pm to ItNeverRains
I'm talking about otherwise intelligent people who think they will be millionaires by 40 because they pay cash when they go out to eat. The 12% rate of return Ramsey uses to predict investment returns is unrealistic especially when factoring in inflation.
This post was edited on 2/3/13 at 5:08 pm
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