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04-16-2021, 09:51 AM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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https://www.msn.com/en-us/money/real...le/ar-BB1dYYpt
How'd you like to pay the utility bills, homeowner's insurance and upkeep on this home? Even if it's paid for, the overhead would be simply mindboggling.
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04-16-2021, 10:05 AM
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#22
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Not a big fan of Mr. Ramsey for many reasons. I only wish Clark Howard had as big a following as Ramsey did.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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04-16-2021, 11:25 AM
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#23
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Thinks s/he gets paid by the post
Join Date: Dec 2018
Location: DuPage County IL
Posts: 2,727
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Quote:
Originally Posted by RetireeRobert
I bought a 1988 Olds Cutlass brand new. It turned out to be the worst lemon of a car I ever owned. One day the driver side door handle broke off in my hand as I attempt to open the door. I had to enter via the passenger side door just to get in and climb over to driver's side. Repair of the lousy handle was $50 in early 1990's--pretty expensive at that time. I finally abandoned that car one day after work when I came out to go home and it would not start. This was shortly after spending several hundred dollars on repair of cranking system.
I called a "donate your car" charity and gave them the car and they sent tow truck to retrieve it. Boy was i glad to be rid of that lemon.
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i threw a rod at 1am coming home from work except i didn't know i threw a rod. i was just pulling away from a tollbooth when i heard and felt a "BANG!". understament of the year follows: i knew something bad had happened. but it was 1am and i was still 10-15 min from home. so i kept going. at stop lights and signs i would momentarily shift into neutral and rev the engine to keep it going before shifting back into gear. i'm surprised i did not wake the dead with the racket the engine was making. i don't know how i made it home but i did. and when i shut it off it would not turn over.
GM refused to help as the vehicle had slightly more than 12,000-miles on it. my neighbor was the auto shop instructor at a local high school and agreed to diagnose and make repairs as a class project for the cost of parts. the downside was it took all semester but the total out-of-pocket was, as i recall, less than $1000.
we traded it a year or so later. that was our first, last and only GM vehicle.
__________________
Rich
Ham Radio, Sport Pilot, RVer
FIRE: 8/11/2005, age 55y,1d
Dispatcher, then shift supv, then administrator for a regional 9-1-1 call center
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04-16-2021, 12:10 PM
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#24
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Location: Moscow
Posts: 1,572
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Quote:
Originally Posted by rk911
i threw a rod at 1am coming home from work except i didn't know i threw a rod. i was just pulling away from a tollbooth when i heard and felt a "BANG!". understament of the year follows: i knew something bad had happened. but it was 1am and i was still 10-15 min from home. so i kept going. at stop lights and signs i would momentarily shift into neutral and rev the engine to keep it going before shifting back into gear. i'm surprised i did not wake the dead with the racket the engine was making. i don't know how i made it home but i did. and when i shut it off it would not turn over.
GM refused to help as the vehicle had slightly more than 12,000-miles on it. my neighbor was the auto shop instructor at a local high school and agreed to diagnose and make repairs as a class project for the cost of parts. the downside was it took all semester but the total out-of-pocket was, as i recall, less than $1000.
we traded it a year or so later. that was our first, last and only GM vehicle.
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I've had the same GM vehicle since 1984-It has been my first, last and only GM vehicle to date . And, just to make this Dave related, it was purchased used with $1200 cash.
__________________
You can't enlighten the unconscious.
But you can hit'em upside the head a few times to make sure they are really out...
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04-16-2021, 01:20 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Dec 2018
Location: DuPage County IL
Posts: 2,727
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__________________
Rich
Ham Radio, Sport Pilot, RVer
FIRE: 8/11/2005, age 55y,1d
Dispatcher, then shift supv, then administrator for a regional 9-1-1 call center
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04-16-2021, 01:23 PM
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#26
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Thinks s/he gets paid by the post
Join Date: Dec 2018
Location: DuPage County IL
Posts: 2,727
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muy bueno! until 1990, except for the deviation to the Cutlass, we were a Ford family. Because of my commute all ran more than 150K-miles before the body wore out. Switched to Chrysler in 1990 and then Jeep in '03. Love Jeeps and they're EZ to flat tow behind our motor home. And to make this Dave related all were bought new and all were paid for in ca$h.
__________________
Rich
Ham Radio, Sport Pilot, RVer
FIRE: 8/11/2005, age 55y,1d
Dispatcher, then shift supv, then administrator for a regional 9-1-1 call center
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How much Dave's folks pay him
04-16-2021, 06:05 PM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,256
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How much Dave's folks pay him
Quote:
Originally Posted by ExFlyBoy5
Not a big fan of Mr. Ramsey for many reasons. I only wish Clark Howard had as big a following as Ramsey did.
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Clark is a national treasure.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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04-16-2021, 06:48 PM
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#28
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Confused about dryer sheets
Join Date: Jun 2018
Posts: 1
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Completely agree.
Quote:
Originally Posted by Chuckanut
Clark is a national treasure.
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04-16-2021, 06:51 PM
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#29
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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Quote:
Originally Posted by Chuckanut
Clark is a national treasure.
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After living in Atlanta 10 years, I too am a fan of Clark Howard.
He sold his travel agency at age 35 for enough money to retire. As a hobby, he started giving travel advice on the radio--on cheap travel. It worked into a full time afternoon gig on the #1 talk radio station--and the show broadcasted to stations all over the country. Then he started giving advice on local television.
He got the radio station to establish a customer service hotline manned by volunteers to help the local citizens when they ran into scams, people taking advantage of them, etc. Clark has helped people save untold $ millions throughout the last 30 years with his good advice.
And he also has a compehensive consumer website giving advice on many subjects. I've always used his advice on traveling--cheap flights, etc.
I understand he's slowing down, and it's about time. He's truly a national treasure.
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04-16-2021, 07:52 PM
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#30
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Full time employment: Posting here.
Join Date: Aug 2018
Posts: 597
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Quote:
Originally Posted by RetiredAt55.5
That url requires setting up a free account. I'm too lazy.
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A few people noted this and no one had an answer so I thought I'd pass on some useful info that works on any site that requires you "do something" to continue reading. This has never failed to work at any site that pulls that so...
In Firefox there is an Add On called Reader Mode. It changes a page with lots of ads or distractions to plain text, no images just text. Anytime I get this subscribe or accept something, I copy and paste the URL into a FF browser and click on the Reader Mode icon on the Menu Bar, see attachment.
https://addons.mozilla.org/en-US/fir...e-reader-view/
So, I was able to read that link about DR using Reader Mode in FF. Try it, you'll like it!
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04-17-2021, 06:54 AM
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#31
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,893
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I like Dave and his common sense financial advice, mainly staying out of debt and not doing stupid things. He is a big proponent of using managed mutual funds as opposed to index funds. As far as his Christianity goes, I think he pretty much lives it and no doubt it helps sell his product down here in the Bible belt.
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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04-17-2021, 08:17 AM
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#32
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Full time employment: Posting here.
Join Date: Jul 2019
Posts: 679
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I learned how not to treat debt and credits like the norm in my life when I started watching his YouTube videos of the phone calls and debt free scream shows in 2014.
I stopped watching the videos when last Match he publicly threatened people on his show that he won't refund their reservation money if they don't show up in one of his smart money events in May because of covid lockdown. That rant video got taken down from his channel by his team shortly but it exposed many things I don't like about his conservatism. It is difficult for him to grasp a world outside of money / profit. He is definitely not an expert on public health, tax, government, or investing but that doesn't prevent him from throwing his opinions and complaints at his listeners when he thinks his revenue is impacted.
Overall DR is helping the public in terms of saving and getting out of debt. His long term persistence (3hrs a day) for his show, despite having a company to run is also commendable. But I would not want to listen to him on anything else because he is well conditioned to leverage his platform to express his views in fields that he is not an expert in, and all those things made me feel like he has become a slave of money.
This is not a political post. It is just me posting my observations from 5+ yrs of watching Ramsey youtube channel on regular basis.
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04-17-2021, 08:35 AM
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#33
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Full time employment: Posting here.
Join Date: Jul 2019
Posts: 679
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Quote:
Originally Posted by bbqcoder
I’m in a few DIY Facebook groups and noticed his name popping up when people ask about home equity loans or what should they should do with their Biden bucks. People chime in to say pay down the mortgage, no debt, Dave Ramsey, etc. I’m like interest rates are cheap and I rather have my money in the market. I guess if people can’t rely on saving their money away, paying down the mortgage is not a bad idea.
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I would always pay off debt first. Why open yourself to two types of risks (losing the house and losing the investment principle) when you can have zero risk instead? That's the kind of common sense I learned from Dave.
I took a step further by buying houses with cash. No risks from mortgages and even when the upcoming inflation storm or the housing bubble pops, I have a house and lots of net worth to survive. People who leverage debt, on the other hand, will learn the difference between being the master of their money vs being a slave of the lender.
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04-17-2021, 09:11 AM
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#34
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Thinks s/he gets paid by the post
Join Date: Aug 2010
Location: Back woods of Fennario
Posts: 1,170
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Dave Ramsey's a grifter.
__________________
"Time wounds all heels...." - Groucho Marx
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04-17-2021, 01:19 PM
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#35
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Thinks s/he gets paid by the post
Join Date: Nov 2013
Location: Twin Cities
Posts: 3,941
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Quote:
Originally Posted by LRDave
Dave Ramsey's a grifter.
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Do you have some proof to add to the discussion?
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04-23-2021, 04:09 PM
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#36
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Recycles dryer sheets
Join Date: Dec 2017
Posts: 219
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I was a fan of Dave Ramsey and would buy his Total Money Makeover and give it to people. Would listen to his podcast daily on my walks.
Not a fan anymore.
As someone mentioned, there was a gal who was immediately fired when the company found out she got pregnant out of wedlock.
Chris Hogan was finally fired after the gal who was fired for getting pregnant filed a wrongful termination lawsuit against the company and requested copies of Chris Hogan's personnel file. Chris was fired two days after the request. Turns out, his wife turned him into the company for cheating on her a couple years ago. The company did not fire him at the time but told the couple to get counseling, etc. This all came out right before the "Everyday Millionaire" book tour. I'm sure the company didn't want to fire him before the book tour because of money. Supposedly Chris was the Ramsey heir apparent.
If the company truly followed Christian values, Chris would have been fired years ago when it came to light that he had several known affairs. One was with another company employee.
My feelings have nothing to do with Ramey policies. It is a private company and it can set its own rules. I have a problem that the rules don't apply to everyone. They both broke the rules. If one was fired, the other should have been fired. Why is it that the one that was fired was the low level employee who didn't bring in money to the company? I sure hope she takes the company to the cleaners.
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04-23-2021, 04:32 PM
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#37
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Full time employment: Posting here.
Join Date: Feb 2018
Posts: 557
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For "Ramsey approved" Real Estate professionals, they pay a percentage of their commission - and it's not cheap. And frankly, the one I went through to sell my old house was not good at all. She caved on everything and it ended costing me a LOT!
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04-23-2021, 04:35 PM
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#38
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Recycles dryer sheets
Join Date: Dec 2017
Posts: 219
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Quote:
Originally Posted by imnontrad
For "Ramsey approved" Real Estate professionals, they pay a percentage of their commission - and it's not cheap. And frankly, the one I went through to sell my old house was not good at all. She caved on everything and it ended costing me a LOT!
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Are the endorsed local providers only endorsed because they pay Ramsey a fee? No wonder he is so rich.
If so, another reason I'm not a fan.
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04-23-2021, 05:32 PM
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#39
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Confused about dryer sheets
Join Date: Feb 2012
Location: Maryville
Posts: 8
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I think if high schools across the country had a mandatory financial education course Dave Ramsey could be out of business. Many of his principles are just common sense (pay off the credit card with the highest interest rate first).
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04-23-2021, 06:05 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Oct 2009
Posts: 2,115
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Quote:
Originally Posted by linnemj
I think if high schools across the country had a mandatory financial education course Dave Ramsey could be out of business. Many of his principles are just common sense (pay off the credit card with the highest interest rate first).
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To quote Voltaire, “Common sense isn’t so common.”
Interesting so many take such strong umbrage with Dave. I think he’s provided a very valuable service to probably millions of his customers. Isn’t that what businesses are supposed to do? He helps people learn how to manage their finances. Good for him.
__________________
“Of all the paths you take in life, make sure a few of them are dirt.” John Muir
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