Listening to Dave Ramsey's ranting
March 16, 2017 7:34am CST
I like Dave Ramsey's style. He is very direct and very sincere when he gives advice. He does not care about politically correct or diluting his power message. He just says things as it is. For example, in one video, he says that wealth inequity is FAIR. In another video, he told a 19 years old guy to think carefully about the usefulness of his degree. Basically he said that not to waste time and money on a degree that would not lead to a good job. No point studying for a degree that is useless in practical world.
He gives a lot of good advice; I enjoy listening to his radio program. I don't always agree with his advice though and I hope some people think hard before they do some things; like sell their car to get rid of car payments only to have to turn around and buy a different car. It might be the right thing to do, but I hope they think it through a little more completely.
Yes, we have to think about our own circumstances. He advised against buying individual stocks but I am more financial savvy than average, so I will not take his advice too. Buying mutual funds or index funds is good advice for those who do not know how to do research into the stock market. It is good advice but not for me.