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re: What grade do you give your personal finance skills?

Posted on 11/22/13 at 9:12 pm to
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 11/22/13 at 9:12 pm to
quote:

This may seem odd to have this category as a B with no debt, but I feel I'm a little too anti-debt to warrant an A. I need to learn to be more comfortable with a manageable amount of debt.


IMHO that is a good rating then and you understand why. Not many do.

The Dave Ramsey/no debt crowd should get a B- at best. Not bad at all but what gets people into trouble isn't the debt, it's the spending on unproductive assets.
Posted by FootballNostradamus
Member since Nov 2009
20509 posts
Posted on 11/22/13 at 11:26 pm to
quote:

IMHO that is a good rating then and you understand why. Not many do.

The Dave Ramsey/no debt crowd should get a B- at best. Not bad at all but what gets people into trouble isn't the debt, it's the spending on unproductive assets.



Yea my pops is Ramsey to the core, debt was a curse word to us growing up.

I'm getting better at accepting it, but I still wouldn't say I'm comfortable with it.
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