Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
Dave Ramsey Millionaire Study
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="D2Cat" data-source="post: 1710060" data-attributes="member: 19322"><p>What Dave teaches boils down to discipline. Whether it's financial, physical, spiritual....many folks have had life too easy to know what it is, and change is difficult.</p><p></p><p>For example he opposes credit cards. Nothing wrong with CC if your disciplined, but without discipline it causes a wreck!</p><p></p><p>He tells people to pay off the smallest debt first. Logically one should pay off the largest interest rate first. His purpose is to get some momentum in managing their dept and paying off the smallest generates a more positive outlook. Then take the funds paying off the first dept and applying that to the second (along with the regular payment) to get the process going faster. </p><p></p><p>Many people get into financial trouble because they make decisions based on emotions. He's trying to take the emotions out of the decision and use logic. Understand a college degree leaving a student loan the can not be serviced with a job in the degreed field, buying vehicles that consume 1/3 of one's income, homes costing more then can be afforded. He's just trying to help those folks.</p></blockquote><p></p>
[QUOTE="D2Cat, post: 1710060, member: 19322"] What Dave teaches boils down to discipline. Whether it's financial, physical, spiritual....many folks have had life too easy to know what it is, and change is difficult. For example he opposes credit cards. Nothing wrong with CC if your disciplined, but without discipline it causes a wreck! He tells people to pay off the smallest debt first. Logically one should pay off the largest interest rate first. His purpose is to get some momentum in managing their dept and paying off the smallest generates a more positive outlook. Then take the funds paying off the first dept and applying that to the second (along with the regular payment) to get the process going faster. Many people get into financial trouble because they make decisions based on emotions. He's trying to take the emotions out of the decision and use logic. Understand a college degree leaving a student loan the can not be serviced with a job in the degreed field, buying vehicles that consume 1/3 of one's income, homes costing more then can be afforded. He's just trying to help those folks. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
Dave Ramsey Millionaire Study
Top