Comments on: Dave Ramsey on how to be financially successful http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/ Christian Personal Finance - Financial help blog, debt help and other financial resources Tue, 14 Feb 2012 21:22:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Calin http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-10911 Calin Sun, 22 Mar 2009 14:41:42 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-10911 Very useful post. Just in case you did not know also about this guy, I think it is very useful (even if I do not know if he is Chrstian) for people living in USA: http://www.youtube.com/watch?v=jv_kLqxbtcg Also, go to his website as you can explore more about investment. Greetings from Romania, Calin. Very useful post. Just in case you did not know also about this guy, I think it is very useful (even if I do not know if he is Chrstian) for people living in USA:

http://www.youtube.com/watch?v=jv_kLqxbtcg

Also, go to his website as you can explore more about investment.

Greetings from Romania,
Calin.

]]> By: bob http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-4568 bob Mon, 23 Jun 2008 03:02:58 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-4568 @Tammy I agree with your point that he gives common sense advice, but a lot of people need it - so he is just meeting the need like any good business person. I also agree that an advisor's advice would be better tailored to the individuals situation, but A. most of Dave's target market would not go to an advisor (regardless of whether that is a good or bad idea) B. I think most (not all) of his advice is based on principles that will help the vast majority of people (save money, pay off debt, buy a house, etc..) so I completely disagree that he has done more harm than good - I think (and if you listen to his radio show you will see this) that he has helped a whole heckuva lot more people than he has harmed. @Tammy
I agree with your point that he gives common sense advice, but a lot of people need it – so he is just meeting the need like any good business person. I also agree that an advisor’s advice would be better tailored to the individuals situation, but A. most of Dave’s target market would not go to an advisor (regardless of whether that is a good or bad idea) B. I think most (not all) of his advice is based on principles that will help the vast majority of people (save money, pay off debt, buy a house, etc..)
so I completely disagree that he has done more harm than good – I think (and if you listen to his radio show you will see this) that he has helped a whole heckuva lot more people than he has harmed.

]]> By: Tammy http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-4567 Tammy Mon, 23 Jun 2008 01:32:09 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-4567 I hav issues with his advice too. He was mentioned the other day in an interview and it said, he makes a lot of money to give people common sense, which is true and sad. He also gives info to the masses, any good "advisor" knows you must look at each family as individuals and each a unique situation. He has done more harm I believe than good. Plus if something he tells you to do goes awry, can you call him, does he care? Sadly, no to both! I hav issues with his advice too. He was mentioned the other day in an interview and it said, he makes a lot of money to give people common sense, which is true and sad. He also gives info to the masses, any good “advisor” knows you must look at each family as individuals and each a unique situation. He has done more harm I believe than good. Plus if something he tells you to do goes awry, can you call him, does he care? Sadly, no to both!

]]> By: JoeTaxpayer http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-3973 JoeTaxpayer Wed, 14 May 2008 22:37:54 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-3973 You can certainly do worse. I do have issues with Dave's advice. Pay the 25% CC first, the 0% card last, highest to lowest rate not balance. If your mortgage is reasonable say 6%, and after tax you are at 4.5% or less, better to save and invest. Get the 401(k) match, fund the pretax IRA, etc. It would be a really bad time if the market didn't return 5% over the next 10 years. As far as the 'pay with cash' goes, that's great for some, but I'll use my 5% rebate gas card, and my 2% rebate into my kid's 529 account card. Never paid any interest on either card, I don't even know the rates, just that they have no annual fee. (Note: the 2% rebate card dropped to 1.5% for new applicants, fyi) Either way, I shy away from absolutes such as "all debt is always bad" and "there is no responsible use of credit cards." I'll have a semester's free tuition by the time my child goes to college. Joe You can certainly do worse. I do have issues with Dave’s advice. Pay the 25% CC first, the 0% card last, highest to lowest rate not balance. If your mortgage is reasonable say 6%, and after tax you are at 4.5% or less, better to save and invest. Get the 401(k) match, fund the pretax IRA, etc. It would be a really bad time if the market didn’t return 5% over the next 10 years.
As far as the ‘pay with cash’ goes, that’s great for some, but I’ll use my 5% rebate gas card, and my 2% rebate into my kid’s 529 account card. Never paid any interest on either card, I don’t even know the rates, just that they have no annual fee.
(Note: the 2% rebate card dropped to 1.5% for new applicants, fyi)
Either way, I shy away from absolutes such as “all debt is always bad” and “there is no responsible use of credit cards.” I’ll have a semester’s free tuition by the time my child goes to college.
Joe

]]> By: bob http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-3972 bob Wed, 14 May 2008 17:14:33 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-3972 You are welcome - it is a bummer that it doesn't appear to be showing on older versions of internet explorer... I don't know why... hmmm... You are welcome – it is a bummer that it doesn’t appear to be showing on older versions of internet explorer… I don’t know why… hmmm…

]]> By: Tristan http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/comment-page-1/#comment-3971 Tristan Wed, 14 May 2008 13:44:21 +0000 http://christianpf.com/dave-ramsey-on-how-to-be-financially-successful/#comment-3971 Thanks for the video, Bob. :) Thanks for the video, Bob. :)

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