Dear Dave – I heard you tackle this a bit ago…a criticism about the phrase “cash is king”. I think your critics are actually people who don’t listen to you much ( or probably to anyone very much). The comment in question was critical of you because they believed in saying “cash is king” you were denying the place Jesus is actually to play in one’s life.
When you say “cash is king” you offend people, including a lot of Jesus’ followers. What you are saying is that for most of the world, including way too many in the Christian world, the assumption is that debt is not only “normal” it’s not a problem of a moral nature. But it is. Continue reading “Why Does Dave Ramsey Say Cash Is King? I Thought Jesus was King?”
Dear Dave – What is the most heavily marketed product in history? Way back in the day I can remember being offended for not being deemed worthy of a Gulf oil credit card (I know, I know, that doesn’t say much about me does it?)
But now you don’t have to wait til you even get to college to get offers for credit.
Here’s why. Continue reading “Dave Ramsey says this is the most heavily marketed product in history!”
Dave – If keeping track of your money is important to get out of debt and to stay out of debt and build wealth, one thing you have to start doing his budgeting. Making your money behave is easier than ever when you use the free budgeting tool you’ve made available called Every Dollar. — Thad
This may not sound like much fun, but for math nerds or people who just are interested in keeping track of where the money’s going or where it should be going, it’s actually pretty easy.
You don’t have to have an app but Dave Ramsey and his crew have made it super easy to budget using their free app Every Dollar.
With Every Dollar, you can create a budget in about 10 minutes or 15 minutes worth of time, and then be able to track your spending based on the budget that you actually prepare. Preparing ahead of time to think about where your money’s going to be going is actually at the heart of succeeding with money, staying out of debt, and actually building wealth.
Continue reading “Making Your Money Behave: Every Dollar Rocks!”
Dave – You say, the way to turn an emergency into an annoyance is not to have debt and have cash. One thing I am coming to learn as I work through the Baby Steps is that having an emergency fund turns a dumpster fire into a mere spark. You are crazy smart on this.
In the past, when I wasn’t paying attention to where our money was going, I would have a huge sense of panic every time some minor thing broke, be it the car or the house or something in the house.
That’s a good word – one other people probably need to hear too.
Having cash and no debt is the way to turn an emergency into an annoyance.
It’s common sense, but we don’t live in an era that has much of that.
If you are up to your eyeballs in debt and need help, start here.
Dave Ramsey said this about millennials. Controversial? Off base? Continue reading “Dave Ramsey Said THIS About Millennials?”
The most challenging part of making money work for you is actually keeping track of your spending. We live in a world that screams to make things easy, but the truth is that when things are too easy, we get lazy, we stop paying attention, and we lose track.
It’s losing track that is the problem. Keeping track of your spending is the first step of getting back in control of your finances. Continue reading “Keeping Track Of Your Spending: Make It Easy”
Dave – your take on the new Starbucks Rewards Credit Card was shocking. Just shocking. I can’t believe you actually said this. Continue reading “Dave Ramsey’s Take on Starbucks Rewards Credit Card: Classic Dave Rant”
Dave – Changing money behavior is the most important step, isn’t it?
You talk about lots of things on the Dave Ramsey Show, but the part that you always talk about as being most critical to getting out of debt is changing money behavior.
For people not familiar with your plan it is easy to think that the way to get out of debt is to lower an interest payment. I cannot tell you how many offers show up in my mailbox offering to lower an interest rate. And there are tons and tons of offers to consolidate debt.
Dave you are so right: It’s so easy to think you are doing something to get out of debt when you simply consolidate debt. But it never works.
Consolidating debt is not the same as changing money behavior. It’s really more like rearranging the deck chairs….on the Titanic.
Continue reading “Changing Money Behavior: That’s the Key to Living Debt Free!”
Dave — You had sage advice about the stock market roller coaster last week. You only get injured if you jump off.
But I’ll go a little further.
You only get heartburn (about the stock market) if you check it constantly. Continue reading “Dear Dave: Stock market roller coaster? You are so right!”
Dave — One thing I always find most fascinating is how many of your callers with the latest idea to make a great deal of money off some hair-brained idea always forget about one thing. Risk.
And you patiently remind them about it. Continue reading “Risk. It’s always about risk isn’t it?”