Poll

What baby step are you up to?

$1,000 Rainy day fund
Pay off all debt using the debt snowball
3 to 6 months of expenses in savings
Invest 15% of household income into Roth IRAs and pre-tax retirement (401k Etc.)
College /Simcha fund for children
Pay off home early (prepay mortgage)
Build wealth and give!

Author Topic: Dave Ramsey Plan  (Read 106382 times)

Offline yesitsme

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Re: Dave Ramsey Plan
« Reply #640 on: August 10, 2022, 12:58:32 AM »
I find Mint.com to be the best free option.
I primarily use mint to track my bills
I don't like paper mail and I don't like auto pay either I fint mint is the perfect balance
I log in check my bills and try to figure out how to pay them

Offline CountValentine

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Only on DDF does 24/6 mean 24/5/half/half

Offline aygart

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Re: Dave Ramsey Plan
« Reply #642 on: August 29, 2022, 10:17:30 PM »
Feelings don't care about your facts

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #643 on: August 29, 2022, 10:20:24 PM »
Whatever the merits of the argument, i would not use this as an example of objectivity.
Showing that DR worked is not being objective when you believe the opposite? Ok, whatever!
Only on DDF does 24/6 mean 24/5/half/half

Offline aygart

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Re: Dave Ramsey Plan
« Reply #644 on: October 30, 2022, 12:06:09 AM »
Feelings don't care about your facts

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #645 on: October 30, 2022, 12:15:21 AM »


Only on DDF does 24/6 mean 24/5/half/half

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #646 on: October 30, 2022, 12:19:14 AM »
https://futurescopes.com/dating/wealthy-dating/3407/10-professions-most-millionaires
A major surprise in the above-mentioned Spectrum report is the inclusion of teachers in the newest millionaire households in America. According to the report, educators came behind managers with a 12% share in the millionaire households. One important reason for this is the fact that educators live in a dual-income household which propels it into the millionaire club unlike financiers and doctors who may be taking home higher individual salaries but living in single-income households.
Only on DDF does 24/6 mean 24/5/half/half

Offline Young explorer

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Re: Dave Ramsey Plan
« Reply #647 on: December 19, 2022, 11:51:06 PM »
Living Lechayim kosher money interview with Dave Ramsey
https://youtu.be/61Zmr3W0EoM

Offline Mordyk

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Re: Dave Ramsey Plan
« Reply #648 on: December 20, 2022, 10:51:18 AM »
Living Lechayim kosher money interview with Dave Ramsey
https://youtu.be/61Zmr3W0EoM
great listen for those that say the Ramsey plan doesn't work for our community
#TYH

Offline farmbochur

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Re: Dave Ramsey Plan
« Reply #649 on: December 20, 2022, 11:38:04 AM »
great listen for those that say the Ramsey plan doesn't work for our community
Is it? I don't think Dave provided any specific guidance for the frum community. Nothing to learn that you wouldn't already know from listening to his show.
Risk is opportunity

Offline jose34

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Re: Dave Ramsey Plan
« Reply #650 on: December 20, 2022, 11:48:15 AM »
Is it? I don't think Dave provided any specific guidance for the frum community. Nothing to learn that you wouldn't already know from listening to his show.
If that true that would be shame of a show.
My primary goal of such an interview would be to learn from Ramsey himself how to tailor his method to the frum community.

Offline farmbochur

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Re: Dave Ramsey Plan
« Reply #651 on: December 20, 2022, 12:03:55 PM »
If that true that would be shame of a show.
My primary goal of such an interview would be to learn from Ramsey himself how to tailor his method to the frum community.
I had no such expectation. Dave has demonstrated time and again how fruitless it is to ask him to compromise on his baby steps. Not that I would expect him to. It'd be bad for branding.
Risk is opportunity

Offline Dan

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Re: Dave Ramsey Plan
« Reply #652 on: December 20, 2022, 12:05:46 PM »
great listen for those that say the Ramsey plan doesn't work for our community
Didn't watch, but did they ask him how exactly his plan would work for a family with say 4-8 kids paying private school tuition?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline farmbochur

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Re: Dave Ramsey Plan
« Reply #653 on: December 20, 2022, 12:14:49 PM »
Didn't watch, but did they ask him how exactly his plan would work for a family with say 4-8 kids paying private school tuition?

Yes. His response: Something about biblical principals regarding diversification from Ecclesiastes 11:2, lol.
Risk is opportunity

Offline Dan

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Re: Dave Ramsey Plan
« Reply #654 on: December 20, 2022, 12:18:17 PM »
Yes. His response: Something about biblical principals regarding diversification from Ecclesiastes 11:2, lol.
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Yehuda57

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Re: Dave Ramsey Plan
« Reply #655 on: December 20, 2022, 12:25:50 PM »
I haven't finished the episode yet, but so far I'd agree that neither the interviewers nor the interviewee steered the conversation to deal with specific issues for the frum community. Worse, they painted the picture of a family renting an apt in Queens and wanting to buy a house as "peer pressure".


Offline Dan

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Re: Dave Ramsey Plan
« Reply #656 on: December 20, 2022, 12:32:08 PM »
I haven't finished the episode yet, but so far I'd agree that neither the interviewers nor the interviewee steered the conversation to deal with specific issues for the frum community. Worse, they painted the picture of a family renting an apt in Queens and wanting to buy a house as "peer pressure".
Odd.
Winter break to Cancun might be peer pressure, but how is home ownership peer pressure?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Yakov15

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Re: Dave Ramsey Plan
« Reply #657 on: December 20, 2022, 12:50:20 PM »
What did you expect him to say? He did let down a little with the 15 year vs 30 year mortgage in our situations.

Offline farmbochur

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Re: Dave Ramsey Plan
« Reply #658 on: December 20, 2022, 12:56:07 PM »
Yes, I'll give him credit for that, but to be sure, the 15 year mortgage is not part of his 7 baby step gospel.
Risk is opportunity

Offline Mordyk

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Re: Dave Ramsey Plan
« Reply #659 on: December 20, 2022, 01:17:01 PM »
Is it? I don't think Dave provided any specific guidance for the frum community. Nothing to learn that you wouldn't already know from listening to his show.
Exactly the point. He put in the logic that the "Dave ramsey doesn't work for our community " is not true.  As the same logic is applied to everyone.
#TYH