I’m not a fan of his credit card or auto Buying advice but for

Mar 28, 2020
3:21:26pm

kotacoug Intervention Needed

Many who live paycheck to paycheck his principles would be beneficial.

Basically 6-8 months of liquid cash reserve for ALL expenses. Avoid unnecessary debt. It’s not rocket science.

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kotacoug

Bio page: kotacoug
Joined: Jul 20, 2002
Last login: Apr 28, 2024
Total posts: 80,506 (4,682 FO)

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Messages

Author

Time

I know many dislike Dave Ramsey, but his followers are making payments on time

Pick-Six Coug

3/28/20 2:36pm

Disclosure:**Pick-six Coug is a paid promoter of Dave Ramsey

Turnpike Lane

3/28/20 2:38pm

Pick-Six Coug IS Dave Ramsey...;-)

HighHorse

3/28/20 3:28pm

Haha. Less than 5-7 years they are going broke because they used their cash to pay off everything and got rid of their

cougsrule

3/28/20 2:38pm

That’s a non-conventional take.

bruincoug

3/28/20 2:40pm

What?

SandYFan

3/28/20 2:46pm

Absolutely wrong. Horrible to teach people that debt is good.

Misteak

3/28/20 2:53pm

His teachings of avoiding debt are pretty similar to LDS church, no?

BYUfan92

3/28/20 2:53pm

RE: Haha. Less than 5-7 years they are going broke because they used their cash

PCCoug

3/28/20 3:00pm

You have never taken the Church financial self reliance class..exact same advice

bigbluecougar

3/28/20 3:07pm

Not even close.

All-American

3/28/20 3:10pm

Basic principals for both are basically avoid debt

BYUfan92

3/28/20 3:13pm

They have about as much in common as the United order and communism.

All-American

3/28/20 3:16pm

Please explain further.

SandYFan

3/28/20 3:27pm

Are you saying they don’t advocate a budget and staying out of debt?

BYUfan92

3/28/20 5:08pm

I’m saying they bear only superficial resemblance.

All-American

3/28/20 5:31pm

You also have not taken the course

bigbluecougar

3/28/20 3:26pm

I have, as a matter of fact. Even the advanced courses.

All-American

3/28/20 4:44pm

There is no such thing as an advance financial self reliance course

bigbluecougar

3/28/20 7:22pm

I’ve got great news for you!

All-American

3/28/20 7:31pm

When did the discussion switch to BYU websites?

bigbluecougar

3/28/20 8:16pm

Did you know the church actually owns and runs BYU? It’s true!

All-American

3/28/20 8:26pm

Ok I will play your game- in your advance online BYU website learning

bigbluecougar

3/28/20 8:46pm

I coordinated the course in my stake. It's very similar. Are there some

vegasnative

3/28/20 7:47pm

Well... it cost $1250 each quarter to have him say "call my personal

relic

3/28/20 3:16pm

Wow. Dave has blessed more lives than you will in 3 lifetimes.

Ash

3/28/20 4:05pm

Surely this is TIC. If not, you are a financial child.

protonspring

3/29/20 8:17am

Sometimes I disagree with Dave, but IMO, he is brilliant, and usually right.

CopperLix

3/28/20 2:39pm

I didn't know anyone didn't like him. He gives sound financial advice.

paulb

3/28/20 2:40pm

I don’t follow Dave Ramsey and I’m not stressed.

Acorn

3/28/20 2:41pm

I think most Americans do need him. The financially prudent and savvy

KingDave

3/28/20 2:52pm

Other than minor philosophical differences if someone is that against Ramsey

coug10278

3/28/20 2:41pm

if you are looking for complete financial stability there isn't anyone better. But you gotta be the type of

BlueFrog

3/28/20 2:53pm

? Lost me. If you can afford a car he says buy whatever you want

BYUfan92

3/28/20 3:11pm

"no new car until your net worth is $1mm" is a concept he preaches. And save up until you can pay in

BlueFrog

3/28/20 3:19pm

The key though for me is yiu must have 6-8 months of liquid

kotacoug

3/28/20 3:25pm

If you can get 2% rate on a vehicle and if you already have

kotacoug

3/28/20 3:23pm

I’m not a fan of his credit card or auto Buying advice but for

kotacoug

3/28/20 3:21pm

He’s good for guys not smart or disciplined enough to be on good financial footi

bruincoug

3/28/20 2:41pm

I dont hate Dave....but he sure makes a lot of money by telling people 2 things.

WJCougar

3/28/20 2:43pm

I like Dave, but doesn’t he make his money by his affiliate endorsed local

GRCoug

3/28/20 2:47pm

Dave's advice is fine. Most people that buy his courses and books have..

RexIdaCoug

3/28/20 2:45pm

His books aren’t that expensive. I bought his book about 10 years ago for $25.

KingDave

3/28/20 2:56pm

what portion of them don't reach financial success?

bigbluecougar

3/28/20 2:59pm

Well over 50%

RexIdaCoug

3/28/20 3:16pm

Woah! Link?

bigbluecougar

3/28/20 8:49pm

I would not call myself a follower of Dave Ramsey, in fact, I have never...

Hoopster

3/28/20 2:48pm

I don’t listen to Dave Ramsey and I am still in that situation. And better off

cougarfann888

3/28/20 2:49pm

All those on the brink will get bailed out

claw

3/28/20 3:47pm

This is what’s happening. Which fuels the get what you can now

kotacoug

3/28/20 3:54pm

The problem isn’t they don’t like him, just that CB is full of huge egos!

homegrown

3/28/20 4:24pm

BTW, who is older you or HH, and which one of you did your parents favor?

So it goes...

3/28/20 7:25pm

I thought that after me, my parents would give up on having any more kids

HighHorse

3/28/20 7:29pm

I am lucky that my parents did't quit after HH. The middle child is their best.

Pick-Six Coug

3/28/20 7:58pm

True. I wouldn't have liked being an only child.

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