Dave Ramsey goes off! This is a good read…
Here’s the text…
Finding Opie a Home
1 day ago
Wednesday, June 25, 2008
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This is a blog detailing my climb out of the gargantuan debt I'd accrued even in comparison to my yearly income.
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Emergency Fund
Small Emergency Fund
Current Balance: $1,000! $0 $1,000
Current Balance: $1,000! $0 $1,000
3-6 months Emergency Fund
Current Balance: $3
$0 $10,000
Current Debt Picture
Overall Consumer Debt
Current Balance: $81,873 $139,894 $0
Current Balance: $81,873 $139,894 $0
Credit Cards
Current Balance: $ -0-
$29,767 $0
Student Loans
Current Balance: $6,858
$15,120 $0
Personal Loans
Current Balance: $4,032
$7,000 $0
Vehicle Loan
Current Balance: $4,698
$8,892 $0
Medical Debt
Current Balance: $66,285
$79,115 $0
Mortgage
Current Balance: $117,962
$133,408 $0
Disclaimer
Please note that this blog is provided for general informational purposes only. Use of this blog or any participation on your part is purely voluntary and does not constitute financial, or otherwise professional, advice. This blog is not to be substituted for obtaining financial advice from a qualified and/or licensed advisor, and you are encouraged to discuss methodologies and practices mentioned in this blog with your financial advisor prior to taking action. The opinions expressed are that of the author, and do not necessarily reflect the opinions of the advertisers, affiliates, or any entity otherwise associated, whether in truth or assumption, with this blog.
Please note that this blog is provided for general informational purposes only. Use of this blog or any participation on your part is purely voluntary and does not constitute financial, or otherwise professional, advice. This blog is not to be substituted for obtaining financial advice from a qualified and/or licensed advisor, and you are encouraged to discuss methodologies and practices mentioned in this blog with your financial advisor prior to taking action. The opinions expressed are that of the author, and do not necessarily reflect the opinions of the advertisers, affiliates, or any entity otherwise associated, whether in truth or assumption, with this blog.
What's your take on Dave Ramsey?
ReplyDeleteI agree with his get out of debt ideals, but not with his credit card stance.
I like that he's helping people, but he seems overzealous in his 'my-way-or-the-highway' approach to finances. It's as though he thinks that only his way will let people have a financially sound life.
As for taxes, I'm a proponent of the flat tax system. It'd just be easier to figure everything out.