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Me vs Dave Ramsey

March 22, 2016

I fashion myself as having a very different philosophy than Dave Ramsey. Yet people quote him on my blog, in Facebook comments, on Twitter so dang often!

dave

So maybe this big distinction I see between my approach and his is not painfully obvious to the world. Fair enough.

I thought about writing about how we are different but I think before I do that, I should actually read some of his work first. I’m willing to do that if it means that we can talk about fundamental shifts in wealth building. If it helps me understand my audience better, I will read a Dave Ramsey book. So I leave it to you, dear reader, to choose one for me. Time to vote to pick one for me:

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Before I pick up this book, let me tell you what my preconceived notions are about Dave Ramsey. I have proven myself as a journalist willing to be schooled so I am open to the fact that I may be wrong.

  • I assume that Dave Ramsey is a lot about debt control. I assume is is militantly anti-debt.
  • I assume he is about optimizing ordinary income and not planning for passive income.
  • I assume he is more about saving eggs, not geese.
  • I assume he is not the one to teach you about leveraging assets to build a large portfolio.
  • I also assume he is a pretty decent dude. I assume he helps his readers understand finance in a way that no one has ever bothered to teach them. I assume he wants people to be empowered by their pay checks instead of see them slip away helplessly.

I respect Dave Ramsey, don’t get me wrong. I just don’t think we are engaged in the same financial message. So I shall pick up a book and see.

I welcome your comments and preconceived notions below!

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