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 55515 times)

Offline Lou Bob

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Re: Dave Ramsey Plan
« Reply #160 on: July 24, 2020, 03:00:11 PM »
Hopefully you understand what "all" means.
Then what is the the argument? You are claiming about the plan "All that really matters is whether or not it works and not any of these other side shows."
My point that you disagree with is that if the plan works is not all that matters. I can show a MS plan that works for some here but it is not a good plan for them.

for all this talk about MS plans...let's hear something good :)
Always use an Amex, you'll thank me one day.

Offline Kobe Bryant

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Re: Dave Ramsey Plan
« Reply #161 on: July 24, 2020, 03:04:10 PM »
I'm sorry, profits by endorsing advisors.
Therefore?

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #162 on: July 24, 2020, 03:06:48 PM »
for all this talk about MS plans...let's hear something good :)
My course is 2995.00 but if you order in the next 30 minutes it is only 2495.00
Unlike the conman I only except cash.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Kobe Bryant

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Re: Dave Ramsey Plan
« Reply #163 on: July 24, 2020, 03:08:20 PM »
He did a scientific study recently of 10000 millionaires in the country, you can find the data on this but the majority of millionaires in the country pay off their home in 10.2(iirc) years. It may be a weakness to need to see results to motivate you to keep you going but its also pretty normal.
Chris Hogan study.
https://www.amazon.com/dp/0977489523/ref=cm_sw_r_apa_i_qiZgFbCFGN7KH

Offline aygart

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Re: Dave Ramsey Plan
« Reply #164 on: July 24, 2020, 03:13:44 PM »
I can show a MS plan that works for some here but it is not a good plan for them.

Is your point that it is not for everyone?
Feelings don't care about your facts

Offline aygart

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Re: Dave Ramsey Plan
« Reply #165 on: July 24, 2020, 03:14:15 PM »
Therefore?
Therefore it makes sense that it would be a concept that he pushes.
Feelings don't care about your facts

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #166 on: July 24, 2020, 03:18:20 PM »
Is your point that it is not for everyone?
No, my point is and has been "all that matters" is not just if a plan works or not.
Now we really do need:

You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline aygart

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Re: Dave Ramsey Plan
« Reply #167 on: July 24, 2020, 03:20:39 PM »
No, my point is and has been "all that matters" is not just if a plan works or not.
Now we really do need:



Ahh yes the sign of someone harping on some side point such as not liking a word or two and ignoring the real discussion at hand. I guess so.
Feelings don't care about your facts

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #168 on: July 24, 2020, 03:27:10 PM »
Ahh yes the sign of someone harping on some side point such as not liking a word or two and ignoring the real discussion at hand. I guess so.
Lets see if this will help.

You sell energy correct?
I want to save money on energy. I go with a company and they save me money. That does not make it a good plan because they saved me money.
You come along and say that is a terrible plan. I ask why, it worked for me. You point out the flaws and explain how I should be saving more money.
I reply with some BS how first I need to save a little money to make me feel good.

I know you are not going to agree with the analogy so GS!!!

When I say I am done with this I really mean it.  ;)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Kobe Bryant

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Re: Dave Ramsey Plan
« Reply #169 on: July 24, 2020, 03:31:02 PM »
Lets see if this will help.

You sell energy correct?
I want to save money on energy. I go with a company and they save me money. That does not make it a good plan because they saved me money.
You come along and say that is a terrible plan. I ask why, it worked for me. You point out the flaws and explain how I should be saving more money.
I reply with some BS how first I need to save a little money to make me feel good.

I know you are not going to agree with the analogy so GS!!!

When I say I am done with this I really mean it.  ;)
Thank G'd. Now we can have an honest conversation.

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #170 on: July 24, 2020, 03:35:50 PM »
Thank G'd. Now we can have an honest conversation.
When @aygart made the comment there was no response from you. Try a little less hate.
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline Kobe Bryant

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Re: Dave Ramsey Plan
« Reply #171 on: July 24, 2020, 03:37:18 PM »
When @aygart made the comment there was no response from you. Try a little less hate.

Offline Kobe Bryant

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Re: Dave Ramsey Plan
« Reply #172 on: July 24, 2020, 03:39:55 PM »
Therefore it makes sense that it would be a concept that he pushes.
So the product is not a good product, cause he endorses and profits from said endorsement?
That's like accusing Dan of pushing bad products cause he profits off affiliate links.

Offline whYME

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Re: Dave Ramsey Plan
« Reply #173 on: July 24, 2020, 03:52:12 PM »
I can teach most people in debt how to get out MSing.
I highly doubt that.

I'll bet most people who try your "plan" to get out of debt only end up deeper in debt.

Offline ExGingi

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Re: Dave Ramsey Plan
« Reply #174 on: July 24, 2020, 04:02:24 PM »
My course is 2995.00 but if you order in the next 30 minutes it is only 2495.00
Unlike the conman I only except cash.  :)

This kind?

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #175 on: July 24, 2020, 04:05:45 PM »
This kind?
...or the shiny stuff. That would get them all out of debt.  ;)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline ExGingi

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Re: Dave Ramsey Plan
« Reply #176 on: July 24, 2020, 04:09:10 PM »
Lets see if this will help.

You sell energy correct?
I want to save money on energy. I go with a company and they save me money. That does not make it a good plan because they saved me money.
You come along and say that is a terrible plan. I ask why, it worked for me. You point out the flaws and explain how I should be saving more money.
I reply with some BS how first I need to save a little money to make me feel good.

So here's an argument for you. The plan that saves you money is good, as it improved on your previous situation and you were able and motivated to take action on it. The other plan might be much better, but for whatever reason you might find it hard to act on.

All that matters is action (see Richard Russell article I posted above). There can be flaws in the program, it might be presented by a conman, etc. etc. and there might be plenty of theoretically better plans, but it's the plan that gets one to take action towards improving their situation which is what counts.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

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Re: Dave Ramsey Plan
« Reply #177 on: July 24, 2020, 04:10:05 PM »
...or the shiny stuff. That would get them all out of debt.  ;)


I'll just give you the IOUs, but you must include a free action service, i.e. you teach me the MS plan and you execute it for me (without getting my SSN, etc. and while posting collateral for the spending done).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline CountValentine

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Re: Dave Ramsey Plan
« Reply #178 on: July 24, 2020, 04:12:44 PM »
So here's an argument for you.
Good argument.  :)
You're so far up Trump's a** you can see Giuliani's feet.  HT Baruch

Offline zh cohen

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Re: Dave Ramsey Plan
« Reply #179 on: July 24, 2020, 04:30:42 PM »
So let me ask the question. For all those that paid money for his course do you pay your smaller balances first instead of your high interest balances first? It is a straight forward simple question.

Yes.

Now a question for you;
Do you recognize the value of motivation in making it more likely that a person reach their goals?