Dave Ramsey on CNN

Larry King interviews Dave and other guests

Category:

People & Blogs

Tags:

• daveramsey
• cnn

[Rekcin]

So, let's see, did Bush go out and say hey let's start giving people loans who can't even make their rent payments? I don't think so. This is completely the mortgage industry's fault. And it's the people's fault. Listen closely people! IF YOU CAN'T AFFORD IT DON'T TRY TO BUY IT! It's not the government's job to babysit everybody. And I HATE that my tax dollars are going to bail out these idiots! It's just crazy. People have GOT to learn to save monay again! Listen to Dave Ramsey he knows! UGHHH!

[julianlile]

Totally agreed! We shouldn't have to pay for peoples stupidity!

[MPaulHolmes]

@cheeriosinabowl It's a very very very easy task when you have only your mortgage. It happens after the debt is paid off. In my case, it took 18 months to get the debt paid off, and now 15% is trivial. I reiterated your post that you should keep it simple, but you also said that he likes to complicate things. That is just not true at all.

[cheeriosinabowl]

@MPaulHolmes

... you basically just reiterated my post! LOL.

Btw, saving 15% for retirement is not an easy task for the average working stiff. High inflation, high taxes and zero pay raises see to that.

[MPaulHolmes]

@cheeriosinabowl The "steps" he says to use are: Make a budget. Save $1000 emergency fund. Debt snowball to pay off all debt. Save 15% for retirement. What's complicated about that?

[MPaulHolmes]

@cheeriosinabowl haha, you have obviously never read his books. He keeps things very very very simple.

[cookmatthewr]

Anyone who needs Ramsey to tell them how to handle their finances are probably already pretty stupid.

[cheeriosinabowl]

Dave Ramsey and his ilk (aka financial gurus) like to complicate things and make us feel that we need them for advice. That's where and how they get rich, dear populace.

Keep your life simple. Keep the debt down,  live simple, resist the urge to impulse buy. Not an easy fix to be disciplined, but (big) debt is immoralizing.

[Paladin1warrior]

@Rekcin Actually sub-prime was a socialist move first under Bill Clinton's administration. THen socialist conservatives like Bush let it go on to try and encourage poor deadbeats to be more responsible. Obama supported this until it colapsed. Now he is still supporting it by throwing money at the collapse of it.

[ir10031981]

I want to do better than I deserve! just like Dave, I wish we could all be debt free America. I first listened to his radio show Friday July 3, 2009, the eve of 4th of July. I stumbled upon his show as I drove a rental car west on I-10 outside of Fort Stockton, Texas. Every time he says "talk radio that matters" I really take that message to heart. It really does matter. It's a show about my life and money, not about politics, not what goes on in the White House but at "my house".

[ir10031981]

I want to be debt free, including the house, but I don't want to go it alone, I want to do it like those families I see in the pictures of the Dave Ramsey books I read, Total Money Makeover and Financial Peace. When I'm debt free including the house, and in a highly committed relationship (children or no children) I make a promise and a vow to Mr. Ramsey that I will go to Brentwood, Tennessee and see him in person and celebrate. No matter where I live, I just want to be a success story.

[hotwirehenry]

hmmmm, so where do these non qualifiing folks go??? they can't rent because rent is just as high as housing. They can't buy cuz they dont qualify even tho they work hard, probly much harder than you do. Having creative mortgage financing handled by congress is utter corruption and criminal. Does anyone understand that housing costs are easily 3 times what it should be??? Having a secure decent residence is not a right, it just makes really good citizens out of people that are willing to work.