/biz/ - Business & Finance

Dave Ramsey says no netflix. So I follow his advice.

>>57377052
shook

How are we doing today? Are you eating your rice and beans like Dave Ramsey says?

I'm following Dave Ramsey's advice and I am going to buy a home and pay off debt.

I'm eating rice and beans like Dave Ramsey says. WAGMI!!!!

I am eating rice and beans like Dave Ramsey says. WAGMI!!!!

>"Let me get this straight. You're living in your mama's basement, but you've got a Coach purse," he said. "This is not parenting. This is coddling."

>"What this is creating, for the particular young people that are falling prey for it, is what's known as a trainwreck,"

>"Here's what's going to happen," Ramsey said. "You cannot avoid life. It's coming for your butt. Mama can't protect you."

>"Your opinion doesn't matter until you've got actual experience to base that opinion on," he continued. "They're going to run into reality. Reality says you are not an expert on something just because you breathe air. You're opinion is not valid unless it is based on some kind of facts, not feelings."

>"If you're a young person listening to us, we are not picking on you. We are begging you to get away from your parents."

If you’re 18 and not living on your own you are a genetic failure and should feel bad about it.

dave ramsey snowball method unironically

>>53952811
>Sleeps 4 hours instead of 2
>Expects to make it

>eat your own shit to ensure you've extracted all of the possible nutrients from your food

What does Dave Ramsey think of smoking?

>>53482923
dave ramsey from ramsey solutions told me it's take home income.

>To calculate how much house you can afford, use the 25% rule: Never spend more than 25% of your monthly take-home pay (after tax) on monthly mortgage payments. Following this rule keeps you safe from buying too much house and ending up house poor. I want your home to be a blessing, not a curse.

>Let’s say you earn $5,000 a month (after taxes). According to the 25% rule I mentioned, that means your monthly house payment should be no more than $1,250. (That includes the principal, property taxes, HOA fees, etc.)

https://www.ramseysolutions.com/real-estate/how-much-house-can-i-afford

>do super stingy thing that lessens quality of life more than it's worth

>>53204512

How uppity?

>beans and rice
>rice and beans
>this housing market will never crash
>put all your money into mutual funds

Oh by the way I've never been broke or had real money problems thanks to daddy.

ONLY POOR PEOPLE AND MORONS USE CREDIT CARDS.

IF YOU ARE NOT MENTALLY HANDICAPPED, YOU WILL THROW YOUR CREDIT CARDS IN THE TRASH.

*blocks your path"

>dont take on consumer debt
>save your income, and invest it
>stonks go up 8% YoY, compounding will help you
>you can retire early

How is any of this wrong? He's an out of touch Boomer, but what is he wrong about?

Debt is dumb and cash is king!

Website:
https://www.daveramsey.com/

Twitter:
https://twitter.com/DaveRamsey

Financial Peace University:
https://www.daveramsey.com/fpu

The Baby Steps:
https://www.daveramsey.com/dave-ramsey-7-baby-steps?snid=start.steps

Dave on why precious metals are bad:
https://www.youtube.com/watch?v=7FBo467hLzQ

Still time to go on the Live Like No One Else cruise! - https://www.daveramsey.com/cruise

How based is Dave Ramsey? I’m on baby step #2

>Why aren't ya spending your hard-earned money on getting out of debt there, son? The quickest way to financial success is a straight line, my friend. These crypto Bitcoins...ain't gonna do it.
>Tell ya what just stay on the line and I'll get you set up for free enrollment at Financial Peace University.

>>12981431
>>12981413
>>12981396
>>12981307
You should want your credit score to be zero

If you're wondering why you're poor, look no further than your own balance sheet. Why do you have all those liabilities anon?

Get rid of your debt NOW any way you possibly can.

The rich rules over the poor, and the borrower is slave to the lender. (Prov. 22.7)

Stop being a slave you butt.