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Dave Ramsey
This has nothing to do with trucking but everyone could benefit from this. I am a very strong believer in the teachings and advice from Dave Ramsey. He teachs you about money, debt, morgages, retirement. etc,etc,etc. So in a way it does pertain to truck drivers. He is on XM and Sirius satelite radios Channel 161 on sirius 7pm to 11pm and channel 165 on XM 3pm to 7pm and repeat on channel 171 2am to 5am. Or you can listen online at Daveramsey.com. Moderaters please don't move this till you get a chance to listen. You won't be sorry. He has changed my life and can do the same for you. He has over 3 million listeners each day. So its not just me. Give him a try. I DO NOT WORK FOR HIM OR HIS COMPANY. THIS IS NOT SPAM!!!! I JUST BELIEVE IN WHAT HE SAYS.
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I moved this to "Anything and Everything". Better suited here. And YES!!! I am a big Dave Ramsey fan. I don't follow him 100% but I'm very close to what he teaches.
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As long as you take his advice for what it is - generic, common denominator stuff that makes sense in general but might not actually suit an individual. I don't care what anyone says. You can not learn enough about an invidual or family from a 30 second phone call to give them responsible financial advice.
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mattangcobra,
Great advice and site. Reminds me of a book I read recently. Consumers are constantly bombarded with temptation. Did you ever notice that your favorite store is always reorganized.Keeps you looking for what you need and allows marketers to slam more impulse items in your face. Or the truck salesman who " likes you" and sends you a birthday cards or invites you over for a "FREE Lunch ". How about the rule of reciprocity.... I will leave a kit of detail products to try at no charge..Just try them. Then you feel obligated to purchase that bottle of truck polish,wax or whatever when I return for my kit. It's an old AMWAY sales gimmick. People feel obligated to purchase. FREE = There are always strings attached. An excellent book about human behavior, sales gimmicks and more is called - Influence - The psychology of persuasion by Robert Cialdini.Many sales jobs require this as mandatory reading. Take the time to read it. It drags in spots but the knowledge you gain will be well worth a few DOT breaks. |
Dave Ramsey espouses a philosophy which all Americans used to abide. We would all be much happier and have a lot more if we lived by what he teaches. Get out of debt and if you can't afford to pay cash for something, don't buy it.
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Originally Posted by GMAN
Dave Ramsey espouses a philosophy which all Americans used to abide. We would all be much happier and have a lot more if we lived by what he teaches. Get out of debt and if you can't afford to pay cash for something, don't buy it.
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If I need someone to "advise" me on how to manage my finances than I deserve to be in a finacial quagmire....whatever happened to self responsibility? Just my 2 cents....
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Originally Posted by VitoCorleone99
As long as you take his advice for what it is - generic, common denominator stuff that makes sense in general but might not actually suit an individual. I don't care what anyone says. You can not learn enough about an invidual or family from a 30 second phone call to give them responsible financial advice.
2nd: The issue here is not one of "learning about an individual or family". It's mostly about getting people to see and understand where they have sabotaged themselves, and how to deal with that. I am a STRONG advocate of Financial Peace Universtity; those who have read some of my orevious replies know that I require anyone who works for me to attand FPU. They may not think that they need it, but if you work for me, then you have to understand my pathroads of logic and reason. 3rd: Like RidgeRunner, I do not agree with Dave Ramsey 100%. That's okay, Dave Ramsey is wealthier than I am, AND he had to start over again at rock bottom with a bankruptcy albatros, so I would be a fool to call him wrong!! |
Originally Posted by bulldog2036
If I need someone to "advise" me on how to manage my finances than I deserve to be in a finacial quagmire....whatever happened to self responsibility? Just my 2 cents....
There is also a matter of financial education; sadly, their is also a woefull deplorable lack of sound financial education available!! The vast majority of people work hard for their money; unfortunately, all too few people have their money working hard for them. Is that by choice?? To a certain degree, Yes!! The problem is that all too few people really know the truth about how to make their money work for them as it should!! The problem also rests within the fact that as Americans, we have been taught that material gratification is a right, not a privillege. The two most destructive words in our financial language are "I Deserve"!! I remember back in 1975, as South Vietnam fell to North Vietnam, and during the evacuation of Siagon, many Americans were up in arms about how the Vietnamese refugees would land on our shores and proceed to clog up our welfare rolls. That presuposition could not have been further from the truth. They came. They worked; often times at rather low paying jobs. What did they do?? They went out and got two of them, scrapped by on very little, instilled the need for education in their children, demanded respect from them, all while setting the example for them. They were also setting examples for Americans as well, although many of us were too arrogant or self absorbed to notice. Americans are NOT taught to treat their paychecks as the seed of their labors as they should be, but rather, they have been programed by Madison Avenue and Wall street to view their paycheck as the fruits of their labor. Look, I'm not a Christian, but in Genesis, The Bible teaches: "By the sweat of your brow shall you sew your seed, and in sorrow you shall eat of it. What does that mean in financial terms?? It means that we should eat the fruit that comes from the seeds, not the seeds themselves!! Every seed that we eat is a seed that can not be planted, can bear no fruit, and can offer no harvest. FPU is about more than debt liquidation; it is also about changing behaviour patterns, learning new ways of thinking, and identifying the scammers who seperate well intentioned people from their money. It is also about busting through and dispelling certain myths which are passed off as "conventional wisdom", and developing new perspectives. Hopefully, my ramblings here might offer some insight as to why I require everyone who works for me to attend. Financial Peace University. |
I listen to Dave Ramsey all the time. I started on his baby steps and love his teachings and his beliefs. He talks about American debt and American problems because his show is based for people in America but as a Canadian I've gained a lot of valuable advice I don't think I could have got anywhere else. There's no show like this in Canada. They all talk about going into debt and do lots of investing. I'm not into shows like that. I want a show that tells it like it is and gives us the truth about credit cards.
Dave Ramsey cares about the people he teaches and reaches. He'll send them through FPU if he feels lead to. He tries to help people through his ministry. I think he is a stand up guy. If there were more people like him in the world. We'd all be Christians and out of debt :) |
Originally Posted by Useless
First off, on the average, Ramsey spends more time with each caller than most any other talk show host in America; far more than 30 seconds.
Originally Posted by Useless
2nd: The issue here is not one of "learning about an individual or family". It's mostly about getting people to see and understand where they have sabotaged themselves, and how to deal with that.
Originally Posted by Useless
I am a STRONG advocate of Financial Peace Universtity; those who have read some of my orevious replies know that I require anyone who works for me to attand FPU. They may not think that they need it, but if you work for me, then you have to understand my pathroads of logic and reason.
Originally Posted by Useless
3rd: Like RidgeRunner, I do not agree with Dave Ramsey 100%. That's okay, Dave Ramsey is wealthier than I am, AND he had to start over again at rock bottom with a bankruptcy albatros, so I would be a fool to call him wrong!!
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The thing I like about Dave Ramsey is that he actually tries to get people to help themselves. To take a good look at what they are doing to themselves with their high debt. Unfortunately, many people are never taught anything about managing their money and handling financial matters. I have listened to him on the radio for several years and appreciate the education he is attempting to give the average person. Parents and schools should be teaching some of the principles he teaches. We buy a lot of things we don't really need. One way we buy these things is through credit. We cannot really afford them, so we use credit to get what we want. Notice I didn't say what we need.
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Originally Posted by VitoCorleone99
Originally Posted by Useless
First off, on the average, Ramsey spends more time with each caller than most any other talk show host in America; far more than 30 seconds.
We're splitting hairs at this point, but you knew that. Useless: Really, Vito, we are not splitting hairs at all. I've listened to Dave for many years now; he does an excellent job of diagnosing a problem within a short period of time. Good financial coaches are adept at getting "the big picture" of a person's situation in a relatively short period of time. It usually doesn't take long to identify the problen; the challenge is in geting people to accept the need to make changes in a short period of time, and I think that Dave ramsey does it well. People in financial straights tend to focus upon dealing with problems by looking for quick and easy solutions. That characteristic, combined with the constant barrages from Madison Avenue and "Easy Credit", only makes those problems worse. You would be amazed at how many people think that they can solve their financial problems by getting a second mortgage on their homes. Usually, that ends up making their problems worse instead of better; but without proper financial education, they don't realize it untill it's too late.
Originally Posted by Useless
2nd: The issue here is not one of "learning about an individual or family". It's mostly about getting people to see and understand where they have sabotaged themselves, and how to deal with that.
Vito: Here's where you and I will agree to disagree. The "how to deal with that" depends very much on how an individual thinks about things, and there is no 'one size fits all' answer. I don't disagree that the general notions make sense, as I said in my first post. Useless: You are correct in your belief that we disagree here. Agree to disagree?? Not so fast!! Really, the truth does not rest in how an individual, a couple, or a family "thinks" about things"; how they "think about things" is what got them into trouble in the first place. Are there exceptions here?? YES!! A family who is deeply in debt due to caring for a sick child or family member can not neccessarily be viewed as being "financially irresponsible", yet the solution is not going to be found in how they "think about things", but rather in what steps they must take in order to find and create solutions to their problems. Vito: The proper way to make people adapt their behavior will depend largely on the thoughts and influences that led to that behavior. Useless Wrong on that one, Vito!! The proper way to deal with the problem is to hit people square in the jaw with the reality that their behavior programs do not work, and with some exceptions, such as the one I mentioned, their ability to come up with workable solutions will usually doom them to failure in the future. It's kind of like the drunk that hates waking up with hangovers, or the drug addict who is tired of being strung out and broke. All too mant of them want to come up with "game plans" that will help them not have to deal with the side effects, but not at the price of giving up their addictions. The only way for people in financial straights to get out is to get them to realize that no matter the circumstances, their game plan has not worked, and to be willing to trade that plan, and change their behavioral patterns into something that will work. If people are really serious about getting their financial acts togetherr, then they must accept that "how they feel about their situations, or what they think about them really is not the solution, other than to get them to see that their perceptions, thoughts, and behavioral patterns are what caused their problems in the first place.
Originally Posted by Useless
I am a STRONG advocate of Financial Peace Universtity; those who have read some of my orevious replies know that I require anyone who works for me to attand FPU. They may not think that they need it, but if you work for me, then you have to understand my pathroads of logic and reason.
Vito: That's probably a good thing for your employees. Useless: It has the opportunity to be good for them, but only if they are willing to accept what is being offered. If they are not willing to accept FPU's concepts, then their ability to function properly while working for me is going to be seriously challenged; especially where performance reviews and promotions come in to play.
Originally Posted by Useless
3rd: Like RidgeRunner, I do not agree with Dave Ramsey 100%. That's okay, Dave Ramsey is wealthier than I am, AND he had to start over again at rock bottom with a bankruptcy albatros, so I would be a fool to call him wrong!!
And here's where I think we agree to agree. Many people, when they mention Dave Ramsey, sound almost like cult members who think the guy walks on water. That's the only point that I would caution against. People should listen to what he says and decide for themselves whether or not it suits them. To the extent of FPU being a cult, or Ramsey's teachings being cultish?? I would disagree in that respect. Where ramsey's proffessions of combining Christianity with financial planning come into play, I am much inclined to agree. At the same time, I do support Homeless Shelters that are very much Christian based. Why?? Because even though I am not a Christian, the programs they offer to the homeless, the addicted, and the mentally ill are still better than what the streets have to offer!! As far as Ramsey "walking on water"?? For people who have walked and trudged through the valley of financial dispair and hopelessness, to rise from the ashes and climb the mountain of financial enlightenment?? Well, he has played a very important role in helping them get there. From around the end of January to the end of June of this year, I battled a nasty ear infection that had me sidelined very badly. During the month of May, I drove exactly 113.5 miles; no flying, no fishing, no scuba diving, no camping, working hard but getting very little accomplished... that is what my life had become. I also lost about 80% of my hearing in my left ear. I NEVER immagined hoe much I took my hearing for granted before then. I never fully appreciated the gift, until I almost lost it. after a couple of successful surgeries to remove a tumor and scar tissue on my eardrum I never knew what it was to be sidelined and scared. Now, the EENT who did the surgery is not the nicest man in the world, but in my mind, does he walk on water?? Looking at what I'd lost, and what he made it possible for me to regain?? Yep!! I'd say he does!! Peace, Useless |
Originally Posted by GMAN
The thing I like about Dave Ramsey is that he actually tries to get people to help themselves. To take a good look at what they are doing to themselves with their high debt. Unfortunately, many people are never taught anything about managing their money and handling financial matters. I have listened to him on the radio for several years and appreciate the education he is attempting to give the average person. Parents and schools should be teaching some of the principles he teaches. We buy a lot of things we don't really need. One way we buy these things is through credit. We cannot really afford them, so we use credit to get what we want. Notice I didn't say what we need.
IMHO, Dr. Allen Greenspan was the greatest financial mind our nation if not the world as a whole, has ever seen. Not long after his controversial observations and musings about the "unfounded over-exhuberance in the stock matket" remarks back in 2000, Dr. Greenspan once noted that "If people ever stop buying things that they don't need, with money that they don't have, our economy is going to be in very serious trouble". That remark didn't win him any friends, either!! ......sad part of it all is that he was exactly right!! |
Fortunately the majority of folks in this country buy stuff they don't need which results in my having a job.
:lol: |
Originally Posted by DBW
Fortunately the majority of folks in this country buy stuff they don't need which results in my having a job.
:lol: :twisted: |
Maybe so. Oh well, guess I'll begin packing to move to one of those places.
:P |
Originally Posted by Useless
Wrong on that one, Vito!! The proper way to deal with the problem is to hit people square in the jaw with the reality that their behavior programs do not work, and with some exceptions, such as the one I mentioned, their ability to come up with workable solutions will usually doom them to failure in the future.
And to clarify the 'cult' comment, it had nothing to do with religion. Any time people, in lockstep, say [whatever or whoever] is great, without qualification, a red flag goes up for me. Anyhow, if people want to think every word from one guy holds true for them personally, good for them. I've heard plenty of his shows where my reaction to his advice was, "Whoa, wait a minute." He's made more money than I have, so my thoughts really only matter to me, but sometimes I find his advice to be flat-out wrong. To each his own. |
[Edited After Posting Rebuttal To "VitoCorleone99's Replies.]
Vito: After reading your responses to my remarks, several matters are very clear to me. While we have some differences in perspectives, I do agree that, as you so astutely pointed out, the margins that seperate those differences are not as wide as one might think. In discussing these issues, you have brought some interesting perspectives into this discussion, and you have handled our differences of opinions in ways that exemplify depth of thought, articulate responses and points, and an element of civility that enhances the quality of our discussion. You have also demonstrated a keen capacity for disagreeing without being disagreeable, which I believe is worthy of applause as well. Please accept my most heartfelt thanks, as well as my highest compliments. Thanks, Useless
Originally Posted by VitoCorleone99
Originally Posted by Useless
Wrong on that one, Vito!! The proper way to deal with the problem is to hit people square in the jaw with the reality that their behavior programs do not work, and with some exceptions, such as the one I mentioned, their ability to come up with workable solutions will usually doom them to failure in the future.
Vito: I don't think we see this subject nearly as different as you seem to imply. On this point though, you've essentially confirmed what I said. Your example of a drunk is a perfect one. The only 'solution' for the issues faced by a drunk is not to drink. Useless: Correct!! Vito: However, unless you know the ins and outs of how that person became a drunk, what his family history is, what forms of motivation have failed in his life, what forms have succeeded, and so on, and so on... you'll give him advice that he could get in a book at Walgreen's. Useless: This is where we see things very differently. Even if you address this from a standpoint of therapy, the solution is not going to be found in a therapist "getting into the headspace of the patient"; it will be found in getting the patient to see that his/her behavioral patterns are destructive. If a caller on The Dave Ramsey Show is maxing out his credit cards because he has internalized anger against his mother for oversalting his hambuger when he was a child, that really does not change the fact that the only way he is going to get that debt paid off is by reforming his living habits, reducing his monthly expenditures, and/or by generating extra income. Dave Ramsey is a talk show host, not a therapist. I understand what you are trying to say about individual circumstances, but in the end, people call asking for help and advice, but he can not force any of them to take it. As a talk show host with a national audience, and books and FPU events to sell, it's not Ramsy's place to become the financial "Frazier". Even if one specific caller will not gain anything from that call, there are millions of other listeners who may gain a lot from it. Vito: My point has never been that people can get good results from bad behavior. It is that people who seek advice, which is Ramsey's milieu, might as well get advice that applies to them specifically. I understand what you are trying to communicate, Vito, and I do agree that if there were a psychological realm of practice called "Financial Therapy", that would be absolutely teriffic; unfortunately, there isn't Now, ask yourself this question: "Where can these people turn for sound guidance"?? Unfortunately, those most in need of advice are all to often the ones who are least willing to accept it; that is, untill they hit rock bottom. I also disagree with your premise that all Dave Ramsey offers is a "cookie cutter" approach. I've listened to his show for many years, and have not reallly found this to be the case. Realistically, there is only so much time that he can spend with any one caller. Also, remember that he does not promote his radio show as an "end-all, be-all", but rather as a means to get people to take their first steps toward financial freeedom, which is first admitting that there is a problem. Vito: And to clarify the 'cult' comment, it had nothing to do with religion. Any time people, in lockstep, say [whatever or whoever] is great, without qualification, a red flag goes up for me. Useless: Vito, if the "book at Walgreen's" was so great, then their wouldn't be much need for Dave Ramsey or Financial Peace University. It is quite obvious that you have never attended Financial Peace University; the perception that people say that "Dave Ramsey is great" without qualification is simply born of the fact that you have not wittnesed the transformations in people's lives, you have not seen troubled marraiges strained by financial pressures that were healed, you have not personally witnessed the new sense of excitement that comes into a person's life when he/she wakes up in the morning knowing that whatever challenges there may be to face, whatever problems there may be to deal with, how they are going to pay their bills will not one of them. No one is supporting him without qualification. Those who have commented have listened to his show, and there are many callers who shout into the phone, "I'M DEBT FREE"!! I've attended Financial Peace University every year for over five years now. Why do I do this?? Because it is good to go back to financial basics, ands for me, it is a GREAT way for me to add to my network of friends and further build my network of future clients!! Remember; I work in the real estate business, and I do quite a bit of owner and seller financed business, as well as dealing with the sub-prime market......but I deal with subprime clients on a very selective basis.... meaning that I want to be able to offer not only the benefits of homeownership, but also the tools with which to help them build a solid foundation. If a subprime client won't accept those tools, then we will not work with them. I'm not a monetary or a financial parasite!! (NOTE: I DO NOT DO "CONTRACT FOR DEED" DEALS AND NOBODY EVER SHOULD!!) While the secondary and sub-prime mortgage markets across the nation are now getting hammered with delinquencies, defaults and forecosures, all of my accounts, with the exception of one property, are in very good standing. Okay, so maybe those people calling in, hollering "I'm Debt Free"!! into the phone are scammers....but I have met and know too many people who have benefited greatly from his beliefs, and the teachings of Financial Peace University. Vito: Anyhow, if people want to think every word from one guy holds true for them personally, good for them. I've heard plenty of his shows where my reaction to his advice was, "Whoa, wait a minute." He's made more money than I have, so my thoughts really only matter to me, but sometimes I find his advice to be flat-out wrong. To each his own. There are certain areas where Dave Ramsey and I disagree as well;.....but ask youself this question: If you were looking for a financial healing in your life, who's advice would you take?? Would you follow Dave Ramsey's advice, or would you take advice from me?? Would you take advice from someone who has a fairly substantial net worth, someone who has never had to deal with a bankruptcy, someone who has suffered a few set-backs in life, but has never fallen from the top, down into the pits, and someone who has never had to rebuild?? (ME!!) OR: Would you rather take advice fromm someone who has crashed and burned, had to explain to his kids that they were going to have to move out of their home because they couldn't afford to keep it, had to tell his kids "No!!" to the material comforts they had enjoyed, ....... Would you rather take advice from someone who rose from the ashes, crawled through those dark crevasses of financial dispair, and then went on to build a new life with a financial base that could not be torn down? (DAVE!!) Oh, BTW, remember that if you want to "keep score", Dave Ramsey is much wealthier than I am!! Hint; If you took my advice over Dave's, you'd be short-changing yourself!! :wink: |
If people ever stop buying things that they don't need, with money that they don't have, our economy is going to be in very serious trouble". |
Originally Posted by Mattangcobra
Useless: If people ever stop buying things that they don't need, with money that they don't have, our economy is going to be in very serious trouble". Mattangcobra: This is wrong. If everybody stopped using credit to buy stuff they can't afford and save and pay cash they would have more money to spend and the economy would not be hurt it would get better because you would be buying things instead of giving all your money to credit card companies in interest. This is common sence ALSO what DAVE SAYS Mattacobra: First, let me point out a couple of things here: 1.) The quote that you replied to were the observations of Dr. Allen Greenspan, not my thoughts. 2.) Philosophically, I am in complete agreement with you, as Dave Ramsey would be as well. The problem here, (and it is a very serious problem!!) is that our economy is not being driven by people saving and investing; it is being driven and sustained by foriegn investment, consumer debt, and by the debts of governments at all levels. In my previous post, I mentioned that in Real Estate, I do quite a bit of owner financing, and that I have done a considerable degree of subprime lending in the housing market, for those clients who are willing to accept my demands for maintaining a certain financial profile. I stand to make FAR MORE money by financing the sale of a home than I can possibly make by simply selling the property for it's appreciated value. When people buy cars, boats, or appliances, the retailer usually makes only a very small profit from selling the product; the real profit comes in selling extended warranties, and with certain financial relationships with lenders who provide in-house financing. That's why when people walk into a car dealership to buy a car, the dealership tries sso haed to convert the customer from financing through their bank or credit union, and to the dealership's in-house financing. See, the real money is not made selling the product, but rather by selling the credit. Since the mid 1980's, Americans, on the average, have saved less than 1&1/2 percent of their gross incomes. since the mid 1990's, about 1%. Since 2000, that rate has been more in the range of 1/2 of 1 percent. In 2006, That savings rate actually registered in the negative ranges. As a society, we actually spent more than we saved. Now, I will be the first to point out that these numbers are slightly skewed; if they were not, our economy would be in absolute shambles. What IS skewing those numbers is the fact that the percentages that I quoted do not take into account monies that are being invested in 401K plans, and other retirement investment vehichles. Of course, those funds are not immediately accessible for consumer spending, either. These numbers also do not reflect money people spent by paying off debt, such as early retirement of debt, which, in truth, IS a part of sound financial planning. Now, without question or doubt, we would all be far better in the long term if we liquidated our debts, sold off unneccessary "things", and committed to building structures of financial strength. In the short term, our economy would be very negatively impacted, and we are already seeing the beginnings of that take place as housing forclosures rise, and as people find themselves locked out of the credit markets due to delinquencies, or price declines in the housing markets that adversly effect loan to value ratios, thus further hindering their capacity and ability to borrow money. So, while I do most certainally agree with your philosophy on this matter, the fact remains that Dr. Greenspan was absolutely correct in his observations. |
Originally Posted by Useless
Originally Posted by GMAN
The thing I like about Dave Ramsey is that he actually tries to get people to help themselves. To take a good look at what they are doing to themselves with their high debt. Unfortunately, many people are never taught anything about managing their money and handling financial matters. I have listened to him on the radio for several years and appreciate the education he is attempting to give the average person. Parents and schools should be teaching some of the principles he teaches. We buy a lot of things we don't really need. One way we buy these things is through credit. We cannot really afford them, so we use credit to get what we want. Notice I didn't say what we need.
IMHO, Dr. Allen Greenspan was the greatest financial mind our nation if not the world as a whole, has ever seen. Not long after his controversial observations and musings about the "unfounded over-exhuberance in the stock matket" remarks back in 2000, Dr. Greenspan once noted that "If people ever stop buying things that they don't need, with money that they don't have, our economy is going to be in very serious trouble". That remark didn't win him any friends, either!! ......sad part of it all is that he was exactly right!! The problem with an economy which is built on credit is that if one segment gets into trouble, then entire house of cards can come down on our heads. Those who are benefiting the most from this useless buying on credit are the banks. They are pushing hard for us to get rid of our cash and use a debit card. They receive a fee every time you swipe that card. All they do is electronically move the money from your account to the merchant, less a fee for them. I think our economy was really stronger when we used less credit. We bought what we needed and could afford. Today, we buy just because we can. Back then, we repaired something if it broke. Today, we throw it away and buy something new to replace it. When you have a high level of debt, you work to service the debt. Think about that for a minute. You work to service the debt. Instead of working and saving money to make purchases, you pull out a piece of plastic and buy it now. You pay a fee, whether hidden in the price or not, for the privilege of swiping that card. At this point, you pay about 2-4% for using the card. Most people don't pay their credit cards off each month. So that product you purchased will now cost you about 1-2 1/2% per month more because you don't pay the bill off each month. If you only make the minimum payment you could pay for this item for years. It will be worn out or obsolete before you make the last payment. We pay a high price for using credit. For instance, if you buy a car for $10,000 and finance it for 60 months, you could almost pay double, depending on the interest rate, for that car than if you paid cash. If you had saved your money and paid cash, you would have several thousand dollars in the bank and a car that is paid off, rather than giving all that interest to the bank. It is often easy to convince ourselves that we "need" something, when in reality what we meant was that we "want" something. 8) |
But you'd never get to work. :D
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Originally Posted by GMAN
The problem with an economy which is built on credit is that if one segment gets into trouble, then entire house of cards can come down on our heads. Those who are benefiting the most from this useless buying on credit are the banks. 8) Now, hold on a second there, G-Man!! I'M NOT THE ONE PUSHING PEOPLE TO USE THEIR CREDIT CARDS!! :shock: :D Don't blame me!! USELESS!! |
I have no money so I don't buy anything.
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Originally Posted by Useless
Originally Posted by GMAN
The problem with an economy which is built on credit is that if one segment gets into trouble, then entire house of cards can come down on our heads. Those who are benefiting the most from this useless buying on credit are the banks. 8) Now, hold on a second there, G-Man!! I'M NOT THE ONE PUSHING PEOPLE TO USE THEIR CREDIT CARDS!! :shock: :D Don't blame me!! USELESS!! Yep, it is all your fault, useless. You are forcing people to use their credit cards and buy all of these things they don't need. :wink: |
Originally Posted by Mattangcobra
If people ever stop buying things that they don't need, with money that they don't have, our economy is going to be in very serious trouble". |
It might be ruff but it would be better in the long run.
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Originally Posted by Mattangcobra
It might be ruff but it would be better in the long run.
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This country survived for several hundred years without the wide and often careless use of credit. We nearly always had access to some credit, but not to the extent we do today. Unless we get a handle on how we use credit, I am not sure we will survive. You cannot live on credit forever. A time comes when we must pay the piper.
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We're Debt Free! :D
OK, I just wanted to brag a little. Our house is paid for; our two rental properties are paid for; cars, too;.....my wife signed up for social security (she's 62), but I'm going to work until I'm 65 - maybe a bit longer because of SS timing..... Follow Daves advice; you'll be glad you did. |
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach. I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight!
Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? just a thought................ |
Originally Posted by ben45750
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach. I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight!
Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? just a thought................ What's better, get divorced and have your kids grow up in a single parent home because you and your spouse can't get your act together when it comes to finances or work through it and have a stronger family in the end? What's better, putting a bullet in your brain because you are in so much financial difficulty that you can't see any other way out? Or get yourself on a budget, live within your means and start enjoying life again? I could go on forever. Maybe you don't give a sh*t about paying your bills on time. Maybe you are one of those who would rather go to the track or the casino with this month's car payment or utility bill or mortgage payment? I mean what the hell, it's only money right? Who is going to pay that $30,000 credit balance when you lose your job or get injured and can't work anymore? You are probably one of those who would file bankruptcy without batting an eye because, hey, everyone else is doing it why not me? |
Originally Posted by Karnajj
Originally Posted by ben45750
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach. I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight!
Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? just a thought................ What's better, get divorced and have your kids grow up in a single parent home because you and your spouse can't get your act together when it comes to finances or work through it and have a stronger family in the end? What's better, putting a bullet in your brain because you are in so much financial difficulty that you can't see any other way out? Or get yourself on a budget, live within your means and start enjoying life again? I could go on forever. Maybe you don't give a sh*t about paying your bills on time. Maybe you are one of those who would rather go to the track or the casino with this month's car payment or utility bill or mortgage payment? I mean what the hell, it's only money right? Who is going to pay that $30,000 credit balance when you lose your job or get injured and can't work anymore? You are probably one of those who would file bankruptcy without batting an eye because, hey, everyone else is doing it why not me? |
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Originally Posted by ben45750
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach. I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight!
Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? just a thought................ I guess those people are jerks like Dave, right? :roll: |
Originally Posted by greg3564
Originally Posted by ben45750
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach. I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight!
Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? just a thought................ I guess those people are jerks like Dave, right? :roll: |
Originally Posted by ben45750
Dave Ramsey is a jerk who makes his money off people who are in debt and I don't like him. He sells an idea to get out of debt, does everyone succeed that buys his book? Not, so he feeds off of people who need help aka a leach.
Ben45750; :roll: :roll: You are the victim of your own disorganized thinking. You fall, you tear a ligament in your knee....physical therapy is excruciatingly painfull....but with each step you take, you literally become one step closer to healing..... ....or, do it your way, call your surgeon and your physical therapist jerks, refuse to suffer the pain, refuse to undergo the therapy that you so desperately need, .....now, when your knee doesn't heal, when your abilities are restricted, and when the latent pain persists, just blame the surgeon and the therapist who were just out to get your money...... ......those LEACHES who FEED of of people who are suffering!! I think people are better off sending their money off to Anthony Robins or buy a Dr Phill book and make a real life change or lose some weight! Which is better? Weighing 300 lbs, 210/180 bp, high cholesterol and living in misery and stressed out because you are trying to save every penny or losing weight, getting a better job because you more ambitious and living without a care enjoying life with $30k in credit card debt? You can't take your money with you when your 6 feet under in a pine box so why not live life and enjoy life instead of trying to lead a life of hoarding money? You are correct.....you CAN'T take your money with you when you die.....but when you are left in failing health, trying to scrounge by on Social Security, spending half of your days trying to find doctors who are willing to receive Medicaid patients (which actually cost them money!!).....when you can no longer afford your prescription meds, you'll sit back and blame "the system" for "doing you wrong"!! just a thought................ |
Originally Posted by Useless
You are the victim of your own disorganized thinking.
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Originally Posted by greg3564
Dude, you have issues! I know of HUNDREDS of families in the Austin area through our church and other Austin area churches who are NO LONGER in debt thanks to Dave Ramsey's class and books.
I guess those people are jerks like Dave, right? :roll: |
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