Dave Ramsey
« Previous EntriesThe Happy Rock’s “Cash Only Spending Experiment” Analysis
Wednesday, January 16th, 2008I was just over reading The Happy Rock’s analysis of his cash only spending experiment that he started back in July. He and his wife (or girlfriend, I’m not sure which) went the entire month of July without using any plastic. Why? Because he was testing Dave Ramsey’s argument that people can [...]
Is Personal Finance Really 80% Behavior and 20% Head Knowledge?
Friday, October 26th, 2007Dave Ramsey is notorious for saying that personal finance is 80% behavior and 20% head knowledge. It’s a neat little soundbite but does it make any sense?
I wonder how he came up with it? I was thinking it was 70% behavior and 30% head knowledge. Or, maybe it’s 40% behavior and 60% [...]
Dave Ramsey’s Been on the Air for 15 Years!
Monday, June 25th, 2007Chris, a Dave Ramsey employee and blogger from PourOut blog, sent me an email this afternoon regarding an announcement. To celebrate his 15th anniversary of being on the air, Dave Ramsey is giving away an iPod every hour of every show this week. Click on the link to find out the details and [...]
My Thoughts on “Maxed Out”
Wednesday, June 20th, 2007These are MY THOUGHTS, which might not be your thoughts so keep that in mind when you read my review. I would love to hear your thoughts too.
Okay, I just finished watching “Maxed Out,” the documentary about debt. Here’s my very broad summary:
America is in debt and it’s the Republicans’ Fault!
Seriously. The [...]
Dave Ramsey Links and Stuff
Wednesday, April 25th, 2007Sam over at Getting Finances Done has put together a list of Dave Ramsey-related links and resources. He even linked to a couple of Dave Ramsey-related posts I recently published. Anyway, if you’re a Dave Ramsey fan (or if you can’t stand him and like to make fun of him) you should head [...]
A Follow-up to the Dave Ramsey Mortgage Post - This is Interesting!
Thursday, March 8th, 2007Chris, an employee of Dave Ramsey and a blogger at Pour Out, left this comment on yesterday’s Dave Ramsey post about mortgages (I truncated Chris’ comment in order to emphasize what I want to talk about):
He [Dave] doesn’t want you to pay off your home in 15 years; He wants you to pay it off [...]
Check Out the Latest Dave Ramsey Poll
Wednesday, March 7th, 2007I found this interesting. Below is a snapshot of a recent poll on DaveRamsey.com:
81% of the pollsters think a 15-year mortgage is the best choice?
Being that it is on the Dave Ramsey website, these results don’t really surprise me. And, I suppose if you are looking at just the amount of [...]
Comment From a Reader Regarding My Dave Ramsey Post
Tuesday, February 27th, 2007Remember the Dave Ramsey: Give up the 401(k) Match in Order to Pay Off Debt post from a couple of weeks ago?
That post received some excellent comments, one of which was this one from a reader named John:
What I saw my dad do was keep funding his 401k and still using credit cards, [...]
Does This Make Any Sense?
Friday, February 23rd, 2007A reader left the following comment on my Dave Ramsey vs. Suze Orman post:
If you are in debt, you haven’t been living life by the math, so you are unlikely to get out of debt that way. Dave’s plan harnesses the motivations you already have and aims them toward debt reduction.
Something about this thinking [...]
Dave Ramsey’s Snowball Method vs. Suze Orman’s Method for Getting Out of Debt
Tuesday, February 20th, 2007Here’s Dave Ramsey’s Snowball Method for paying off credit cards:
Step 1 - Make a list of all your credit cards, ranked in order from the highest balance to the smallest balance.
Step 2 - Beginning with the card with the smallest balance, pay as much as you can on that card while paying the minimums on [...]