He says don't use credit cards at all.

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Mar 29, 2024
6:31:21pm

OverratedHumor Playmaker

He says don't use credit cards at all.

The only loan you should ever have is your mortgage, and you shouldn't take out anything more than a 15 year mortgage.

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OverratedHumor

Previous username: HoustonBYUCoug
Bio page: OverratedHumor
Joined: Nov 25, 2020
Last login: Apr 28, 2024
Total posts: 3,482 (15 FO)

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Messages

Author

Time

I think I figured out why I like listening to Dave Ramsey's show.

Mar 29, 6:25pm

It's entertaining when Dave says things like "How much did you spend on the

Mar 29, 6:28pm

Hold up…why does he say we shouldn’t use cc rewards points?

coug719

Mar 29, 6:30pm

He claims studies have shown that spending is lower if one uses cash.

Mar 29, 6:30pm

He's probably right. I believe him that you'll spend less if you restrict

Mar 29, 6:33pm

agreed. I have I've never once carried a cc balance but I like to have

Agnostic-alumni

Mar 29, 6:39pm

Dave doesn't do nuance. He keeps it simple, for the financially challenged.

Mar 29, 6:44pm

If I only paid cash, I wouldn't have stayed “free” at Marriott-branded hotels…

MichCoug

Mar 29, 7:05pm

Yeah, but are you lifetime Titanium Elite?

Catfish

Mar 29, 8:27pm

He says don't use credit cards at all.

Mar 29, 6:31pm

Yeah, I don’t think I agree with that in today’s climate.

coug719

Mar 29, 6:34pm

You should never use a CC. You should never earn rewards. Even if they are free

BYUinTX

Mar 29, 6:31pm

Ehhh. I always stay within a strict budget and have accumulated massive rewards

chitownboy

Mar 29, 6:33pm

How do they still cost me? If I use my CC for necessary expenditures, why not

Chester Copperpot

Mar 29, 6:36pm

I think he’s just saying Dave’s points, not what normal people believe

Warner

Mar 29, 6:41pm

That's why I read Reddit r/marriage. It turns out that I'm an awesome husband.

Mar 29, 6:38pm

Yeah same reason for reality TV or politics. Train wreck entertainment

Mar 29, 6:42pm

I think it's a combination of that and validating optimism.

shoganai

Mar 29, 6:43pm

"How much did you spend on the stupid car?" is mocking.

Mar 29, 6:45pm

I guess. He never sounds malicious to me.

shoganai

Mar 29, 6:49pm

He's not overly so, but he does get in some jabs, probably to entertain his

Mar 29, 6:57pm

a downside to being a dave ramsay fan/follower is

LO Cougar

Mar 29, 7:09pm

Dave Ramsey takes the same approach with credit cards as the church takes with

brazilcoug

Mar 29, 7:18pm

Yeah he told someone he and 30 yr old wife saving $60k in 401k, $23.5 is max

SwanSong

Mar 29, 8:26pm

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