- 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: Heard Dave Ramsey's daughter speak at a luncheon a few weeks ago
Posted on 4/20/17 at 8:41 pm to Serraneaux
Posted on 4/20/17 at 8:41 pm to Serraneaux
quote:
Obviously she said it was important to be completely debt free, doesn't own a credit card, car loan, mortgage, etc
Living one's life supersedes upholding ridiculous financial ideals.
For example, if I had waited until I could pay cash for my boat instead of financing it, that's 5 years of fishing I would have missed out on. You only get one shot at life, and I've known far too many who have had their life snatched away in an instant when they were far too young.
Sure, don't completely submerge yourself in debt you can never recover from, but in the end you can't take it with you. Spend your money and live your life.
1
Posted on 4/21/17 at 8:13 am to TigrrrDad
quote:
For example, if I had waited until I could pay cash for my boat instead of financing it, that's 5 years of fishing I would have missed out on.
To play devils advocate, there's plenty of $5,000 boats out there that anyone can fish with their family in.
I don't live by his rules, but I think it's laughable to say they aren't good advice. If you follow his guidelines it's a great way to build wealth if you are a w-2 employee.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News