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re: Heard Dave Ramsey's daughter speak at a luncheon a few weeks ago
Posted on 4/24/17 at 2:48 pm to baldona
Posted on 4/24/17 at 2:48 pm to baldona
quote:
Arguing Dave's way is wrong is absurd. Sure there are better ways sometimes for those that are smart, but those 'smarter' ways also carry a risk that Dave doesn't believe in.
One size fits all financial advice is impossible to be the right advice for everyone. I think everyone who listens to his show and hears a caller who they can relate to should follow his method like gospel. Had I followed him I would be disgustingly poorer than I am today. I've used cheap money to push my way into the 1% of earners in TN. I simply couldn't have done it with savings/cash.
1
Posted on 4/24/17 at 3:02 pm to ItNeverRains
quote:
One size fits all financial advice is impossible to be the right advice for everyone
I agree, but it in your situation it still was most likely not wrong. I don't understand why people like you can't understand that. I agree it may not always be the absolute best advice but just because it's not the best does not make it wrong.
I said already in this thread that his advice is not really fit for small business owners. But at the same time I think it's very easy to understand what he says makes sense. If you do everything you can to not borrow money, you are taking on less risk.
This post was edited on 4/24/17 at 3:03 pm
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