Dave Ramsey

[Anonymous]

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bobkelly wrote:

One hour downloads of The Dave Ramsey radio show are free of charge.

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I'm told they take an hour because Dave still uses a 14.4 modem.

[Anonymous]

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Noah_Bodie wrote:

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bobkelly wrote:

One hour downloads of The Dave Ramsey radio show are free of charge.

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I'm told they take an hour because Dave still uses a 14.4 modem.

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THAT is HILLARIOUS!!!!!

I just needed to chime in and say that Dave Ramsey is a NUT - JOB!!!

Have a great and prosperous week.

Rob

[Anonymous]

I believe and follow Dave's advice.  I've been reading some of the forums here regarding his "bad ideas" on finances.  It is unfortunate.  It is the idea that I was raised on that you "have to have credit" that has this country in the financial near ruin that it is in today.  Dave's idea is to be a responsible adult.  That means that occassionally you have to delay satisfaction for 10 minutes or so.  My husband and I have paid off all debt except the house, which we can see the light at the end of the tunnel on.  Our children are entering elementary school and we are nearly completely debt free.  We do not argue about money at all!!!  We do argue..just not about money...lol.  We have goals and see the possibility of reaching them and setting our kids up to never want for anything.  We do not drive a beater...as someone suggested Dave would have all of his listeners do.  However, I will not buy a new car ever again...just to drive it off the lot for a $10,000 reduction in value on the same day.  It is transportation...not who I am.  We learned, by using Dave's program that we do not have to have everything.  We live in a beautiful $200,000+ home, I drive an SUV, (my husband has a company car), I have 2 kids and a dog who don't starve or give up playing sports and being involved in school activities.  We started a home based business, which has turned out to be very successful...ON CASH!!!!  Investment of nearly $40,000...cash!!!  Yes, you can buy a house with cash, you can buy a car with cash.  The idea that one "has to have credit" to survive is rediculous.  When we pay off our house and pocket that $1300 per month, plus the credit card payments we don't have, plus the $500+ we don't pay monthly in car payment, plus the $$$$$$ we don't have in other excessive bills...can you see how we will be able to buy a house with cash in just a few short years.  And yes, we will have to wait, but instant gratification only lasts so long...then what do you want next....and next...see what I mean.

I could go on and on...so I'll just simply say...

DAVE RAMSEY ROCKS!!! 

[MidnightVoice]

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daveramseyrocks wrote:

I believe and follow Dave's advice.  I've been reading some of the forums here regarding his "bad ideas" on finances.  It is unfortunate.  It is the idea that I was raised on that you "have to have credit" that has this country in the financial near ruin that it is in today.  Dave's idea is to be a responsible adult.  That means that occassionally you have to delay satisfaction for 10 minutes or so.  My husband and I have paid off all debt except the house, which we can see the light at the end of the tunnel on.  Our children are entering elementary school and we are nearly completely debt free.  We do not argue about money at all!!!  We do argue..just not about money...lol.  We have goals and see the possibility of reaching them and setting our kids up to never want for anything.  We do not drive a beater...as someone suggested Dave would have all of his listeners do.  However, I will not buy a new car ever again...just to drive it off the lot for a $10,000 reduction in value on the same day.  It is transportation...not who I am.  We learned, by using Dave's program that we do not have to have everything.  We live in a beautiful $200,000+ home, I drive an SUV, (my husband has a company car), I have 2 kids and a dog who don't starve or give up playing sports and being involved in school activities.  We started a home based business, which has turned out to be very successful...ON CASH!!!!  Investment of nearly $40,000...cash!!!  Yes, you can buy a house with cash, you can buy a car with cash.  The idea that one "has to have credit" to survive is rediculous.  When we pay off our house and pocket that $1300 per month, plus the credit card payments we don't have, plus the $500+ we don't pay monthly in car payment, plus the $$$$$$ we don't have in other excessive bills...can you see how we will be able to buy a house with cash in just a few short years.  And yes, we will have to wait, but instant gratification only lasts so long...then what do you want next....and next...see what I mean.

I could go on and on...so I'll just simply say...

DAVE RAMSEY ROCKS!!! 

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Dave R does not understand the difference between debt and credit.

Dave R gives advice that results in people wasting money.

[marty56]

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MidnightVoice wrote:

Dave R does not understand the difference between debt and credit.

Dave R gives advice that results in people wasting money.

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I agree with Dave view's on CCCs and the idea to keep out of CC debt.  I will say that if you PIF or have a short term balance of 3 - 6 months, then credit cards are not evil and you are using credit cards as a credit tool, not a debt tool.

I enjoy his show and I dont think people are wasting their mney in taking his class or buying his books if thats what it takes to get out of debt.  I paid over 2k over 5 years to be in a DMP program and athough people say I could have done it myself, thats what it took to break me of the CC debt habbit and finally get out of debt.

As a classic Who song once said, it was a bargin - the best I ever had.

Message Edited by marty56 on 09-22-2008 06:14 PM

[Anonymous]

I haven't read or heard him either, but from what I read about him he is about half right. Credit is simply a tool. Like a hammer for a nail and a screwdriver for a screw. If you can't use it properly, learn or fear somebody else will be doing it for you.

The "Snowball Effect" was taught to me a long time ago, and this I do agree on. The car thing is up to you, If you like new cars great means more older cars for me!

[Anonymous]

You don't know about Dave apparently.  Honestly, what is the difference between credit and debt?  If I buy on credit I am in debt to someone...even if only for a small amount of money...no that isn't a davism that is based on my college educated self.  People buy more as a rule when they can put it on a credit card...that is fact.  Maybe not you, but people in general.  Not everyone can pay for it.  What I got from Dave's course was worth every bit of the $90 I paid to take it.  In fact, I can honestly say, I made double that back in the first week of the class...not after the class.  Dave's idea is if you can't pay for it don't buy it.  I don't understand why that is such a foreign idea to us.  I have a neighbor who is losing there house because he lost his job...they had no money saved for such an emergency.  We are in a national financial crisis right now and it could happen to anyone.  My grandparents never lived on credit and did quite well...why do we think we NEED credit?  I just don't understand.  If you can explain it to me, I'll call Dave myself and explain it to him...

Message Edited by daveramseyrocks on 09-28-2008 12:05 PM

[haulingthescoreup]

If it works for you, that's what matters. I do agree that it can be easy to be lured into buying more than you would when you're using plastic, especially rewards cards. It does require acting like a grown-up, using some planning and self-discipline and self-honesty.

Oddly, many members here have lots of available credit, very little debt, and a whole lot of savings. I'm in this group, other than still working on the savings part (just up to the high $60K's so far, I'm afraid. )

The advantage of having good credit is that it gets you better rates for things that are still tough to pay cash for, like a house, and it gets you better insurance rates, among other odd things.

You can use credit to delay payment for three weeks. The money is there, ear-marked in the bank, no risk. I carry no debt over from month to month.

Not everything is as black and white as you describe, and what is appropriate for one person or group of people is often not appropriate for others.

I am now making myself a promise to stay off this thread, as repeatedly talking to brick walls has now actually affected my health.

[marty56]

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haulingthescoreup wrote:
The advantage of having good credit is that it gets you better rates for things that are still tough to pay cash for, like a house, and it gets you better insurance rates, among other odd things.

You can use credit to delay payment for three weeks. The money is there, ear-marked in the bank, no risk. I carry no debt over from month to month.

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This is what Dave should call Adult Step  1, when you finally have a clue get your credit working for you.