re: Another Dave Ramsey Thread

All of the principles are sound, especially for people who are prone to get into trouble with budgeting and borrowing.

Even if you do not buy into his "12%" mutual fund return assumption (because I don't), everthing else is sound. There are people who will come in and say, "Why pay off the house or car when the money is essentially free?" And those people are right - for people who do not have trouble with money in the first place and don't need the debt snowball/no more debt method. But for many people, if you stumbled across TMM or FPU, your life will be improved by following it as closely and as aggressively as you can.

Watch his "drive free, retire rich" video for an example of how powerful it can be to have your money work for you, and pay for something before you buy it, rather than the other way around.