564
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 12 Apr 2024
564 points (94.9% liked)
Not The Onion
12311 readers
303 users here now
Welcome
We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!
The Rules
Posts must be:
- Links to news stories from...
- ...credible sources, with...
- ...their original headlines, that...
- ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”
Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.
And that’s basically it!
founded 1 year ago
MODERATORS
Ramsey did not get rich from a $1 million loan.
He got rich by having $1.2 million in loans. Declaring bankruptcy, then building a financial media empire that teaches people to get rich by avoiding all debt; buying his books; attending his classes; and investing with financial advisors whom his organization carefully vets to assure that their kickback checks clear.
Yeah isn't Dave Ramsey the guy who's financial advice basically amounts to "don't rack up credit card debt and regularly put money in a savings account"?
Which like, yeah, that's not bad advice my any means, but anyone with two brain cells to rub together can tell you that
Yeah, I'll confess to not bother looking too deep into his stuff, but I occasionally see an exchange where someone asked for advice and it is always the exact exchange over and over: "I make minimum wage but I just had to buy a 90 thousand dollar truck and an having a hard time with finances" "You shouldn't have bought that truck, get rid of it and don't borrow money like that"
Like why would any vaguely functional human ask that same question when they have to already know the answer. I'm wagering that most of the "questions" are fake. I just can't believe there are that many people that wouldn't already know his answer if they vaguely know of him.
His advice is simple, but a lot of people can't figure it out by themselves. His radio show is pretty good, because he really addresses the emotional side to finances. The other personalities are garbage though.
I was referring to Trump on this one.