Comments on: Dave Ramsey – My Thoughts

By: Review: Maxed Out

Review: Maxed Out — Wed, 16 Jul 2008 17:14:58 +0000

[...] whose wife is facing bankruptcy back home, debt collectors, pawn brokers and debt experts such as Dave Ramsey and Elizabeth [...]

By: A Simpler Way To Budget. | My Two Dollars

A Simpler Way To Budget. | My Two Dollars — Tue, 25 Mar 2008 13:59:31 +0000

[...] tracking every financial detail is that it’s a lot of work and unless you are embarking on a major financial makeover, I’m not sure that you get a lot of value out of it. An alternative which is much easier is [...]

By: Four Pillars

Four Pillars — Thu, 20 Mar 2008 00:24:39 +0000

KL – way to go on the debt!

I’m glad Ramsey’s method was able to help you.

Mike

By: kentuckyliz

kentuckyliz — Wed, 19 Mar 2008 11:44:56 +0000

I’m a DR fan although I haven’t drank the Kool-Aid to the dregs.

@ Mr Cheap: I’ve been a successful investor since long before I ever heard of DR, but still had the ball and chain of debt dragging me down. There’s lots of positive net worth persons who are DR fans.

DR is especially good at helping ordinary-income Americans to get their house in order and become prosperous. He shows how to do it in such a simple (but not easy) way, that a person gains HOPE. It’s Practice the goat vs. the gazelle and the cheetah. DR fans know what those things mean. LOL

DR also understands event risk, a sophisticated concept that can be done with MBA math, but is also accessible to all by listening to one’s heart and gut.

Life is also a great teacher, if you refuse to learn the easy way. 14 months of unemployment and underemployment taught me a lot; as did fighting with an insurance company to pay for my cancer treatment bills totalling over half a million dollars. (All paid up and current now, as of last week.) Actually, I used skills learned from how DR coaches people to stand up for themselves against misbehaving bill collectors. I was all over Humana like a dog with a bone!!!

I don’t think DR’s way is the only way, but a lot of PF gurus/authors start with advice targeted at people at Baby Step 4…they totally ignore the mess people are in and have no help to offer how to get that under control.

BTW I’m debt free today! Paid off the student loan…tired of having it around like a buzzing gnat.

I’m debt freeeeeeeeeeeeeeeeeeeeeeeeeeeeee!

By: Carnival of Personal Finance #144- St. Patrick’s Day Edition | beingfrugal.net

Mon, 17 Mar 2008 11:03:15 +0000

[...] Pillars gives you his opinion on the Dave Ramsey method of money management at Quest for Four [...]

By: hank

hank — Mon, 10 Mar 2008 05:57:55 +0000

Chalk me up as another in your boat. It’s funny that all the PF bloggers are responding with the fact that we don’t think that way; but when you think about it, PF bloggers are GOOD with their money.

That’s why people read our blogs! Yes, it would be interesting to read the blog of a person that is immensely in debt, I’ve read a few, but that isn’t to learn, that’s to investigate and maybe help.

Dave Ramsey as a whole isn’t my guru, but I agree, is certainly helpful to a niche, but not ours necessarily…

By: Gates VP

Gates VP — Sun, 09 Mar 2008 06:45:50 +0000

Hey 4p, you get a blog reply

http://gatesvp.blogspot.com/2008/03/4-pillars-reply-dave-ramsey.html

Quick version, I’m not impressed.

By: Prime Time Money: Big Winner Roundup | Prime Time Money

Prime Time Money: Big Winner Roundup | Prime Time Money — Sun, 09 Mar 2008 05:39:31 +0000

[...] Quest for Four Pillars gives his take on all of Dave Ramsey’s material. [...]

By: Four Pillars

Four Pillars — Sun, 09 Mar 2008 03:54:40 +0000

Ciaran & PT – thanks a lot!

Mike

By: PT

PT — Sun, 09 Mar 2008 03:29:26 +0000

Very candid take on DR. I like it. I agree with a lot of this. I love my low interest debt!