Dave Ramsey Debunks Some Debt Myths

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Uploaded by on Oct 24, 2007

Best selling author and radio talk show host Dave Ramsey tackles the debt myths.

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  • I'm never borrowing money again. After my student loans and seeing the recession I will not borrow a red penny ever again. I just paid off one credit card and closed the account. Only $300 more on another, then on to my student loans, and never again will I ever have a loan payment.

  • If you people think Dave's a ripoff artist, all of his books are available at libraries for free. Not a bad thing to do on the road to being debt-free.

    I'm 28 years old, and already on Baby Step 6. Not a huge house, but if I follow my wage and my plan, my $120,000 condo will be paid off by 31. Sure, I ate mac and cheese more than I care to admit, but I'll be debt-free at 31. Hard to argue with that.

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  • We should start using Gold as a standard for the dollar. END THE FED

  • @MrExposethematrix yea i know ! and i thanyou for drawing my attention to my previous idiotic comment so i can withdraw it.

  • No the public school, bankster controlled education you received is kooky.

  • @RobbieColfax Preach on!

  • Dave your the man!!!!!!!!!

  • Lol, mutual funds. That's not how you use OPM.

  • I'm 26 and I already have it set in my mind that I will buy my first house all cash. I REFUSE to take on any debt when it comes to buying the important things.

  • jk

  • Risk it for the biscuit!!!

  • (cont.) of inflation. Since gold has been going up over fear of the dollar collapsing, I think gold is a bubble that will burst upon Obama losing re-election, wealth once again being created and in turn, the dollar gaining value. I would advise to sell gold now while it is high or vote for Obama and hope he is re-elected so he can inflate the dollar into collapse.

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