Town Hall For Hope with Dave Ramsey (Entire Event) - PART 1
Uploader Comments (foxvalleychristian)
Top Comments
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Mathematically, you are correct. One problem, debt reduction is more behavioral than it is purely rational. Dave has found, through helping millions of people, that the psychological impact of finishing a debt off helps people build momentum. I have been a CPA for 20 years - and he is right on this one.
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to anyone who attended the event or has seen the entire event
pass it on ! pass it on to as many as possible
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All Comments (38)
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I remember watching this in a coffee shop in Lenoir City TN. Thanks Dave and all who made it possible.
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@ReViewMeMedia i can affored to pay cash for a car! but i CHOSE to drive a scoter.Just becase you have money, does not mean u should leave IN or beyond your means....this man did live beyond his means....got back up and now leaves IN his means...and at any moment he can lose it all agin! i could win 10 million tommow, but id still live like i do now...money does not make you happy, esp if u blow it and go broke, this man has.
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@vacationboyvideos He can have a nice car, because he actually has the money to afford a nice car, if you don't have money, all you can afford is a car payment.
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this dave ramsey guy is full of himself! he lived a life of luxury and then lost it all...now he is making more money then ever off sucker relgious people. full of ego to tell people to mange there money...when he has lives and by the looks of it still does..a life of luxry! he had a jagware! hello!
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I was always a strict "highest interest first" debt reduction method believer, but it is actually more powerful to eliminate a debt entirely, for your motivation and psyche. It's like killing a few enemies in a computer game - it gives you impetus to finish off the rest and makes them seem less overwhelming.
The other thing is you should donate to causes you believe in, even if only slightly support and small donations. It balances you. Your money gets a power and purpose beyond just you.
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i think its safe to say the stock market is neither nay or yah...but rather people are more interested nowadays of keeping there lights on ,food on the table..at least thats gauranteed instead of the gambling your bets on the stock market..but if u want to secure your money in dividends,give what u would normally give the stock market to outreach christian ministries and god in jesus name will honor u...its biblically proven.
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America hasn't been doing really well for 25 years like he says. It has been an illusion. All of the "growth" was from borrowing money from abroad and spending it through the expansion of credit and the artificially inflated housing bubble.
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If you pay off the small ones you have to deal with a huge one with built up interest. If you pay off the big one you have a bunch of little ones with little ammounts of interest. I think It would be easier to pay off a bunch of little ones than one huge one.
Can you please make each part a video response...it's a pain to find the parts in order.
RikaKazak 2 years ago
I will soon. But the best way to view them together is by using one of the three playlists that have been created.
foxvalleychristian 2 years ago