Posted on 02/13/2021 9:37:57 AM PST by upchuck
Personal-finance guru Dave Ramsey says people need a $1,000 emergency fund. He also says that if a $600 or $1,400 stimulus check would be a lifeline for you during the current pandemic state of emergency, “you were pretty much screwed already.”
The radio host and author argued against President Joe Biden’s proposed round of stimulus checks while speaking on Fox News on Thursday, telling “America’s Newsroom” that “I don’t believe in a stimulus check.”
“You have a career problem. You have a debt problem. You have a relationship problem. You have a mental-health problem,” he continued. “Something else is going on if $600 changes your life.”
(Excerpt) Read more at marketwatch.com ...
Ramsey is right for a change.
I have no problem however with stimulus payments going out. As long as they go out to taxpayers who’ve actually paid into the Treasury.
How does he explain too big to fail? I can play that game too. If you need an $85 billion bailout, you were pretty much screwed anyway.
The stimulus check is nothing but hush money and apparently I earn too much money to be eligible for hush money so...
If they were going to send us all life changing money would you approve of that?
Mind your own business. It's not your money.
“Ramsey is right for a change.”
What has he been wrong about?
I’ve said for years that Ramsey has made a big business out of essentially telling people: You bought that. You shouldn’t have bought that. You don’t make enough money to have that. You need to sell that.
I listen to his show very often. I find him interesting but he’s definitely a starve until you can afford steak kinda guy.
For a change? What has he been wrong about?
I've been following most of Dave Ramsey's rules, before I even heard of Dave Ramsey!
The money will go to illegal alien invaders, foreigners, and Xao Bai-Din's Communist Chinese handlers.
Yeah, it is kind of the same message over and over.
What has he been wrong about?
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Lol. You funny.
“If you need an $85 billion bailout, you were pretty much screwed anyway.”
If people loan you way too much, THEY are ones that are screwed.
In the case of the stimulus check, it’s only going to “save” someone for a few days or weeks. It would have to be done every month, and that’s the idea.
Basic income, no work.
Ramsey is a con man. Little better than a snake oil salesman.
If you need to be told to put your cash in little envelopes and if you believe you shouldn’t borrow money at 0% interest rate then you are a perfect Dave Ramsey listener.
The Founding Father's said once the public gets at the Treasury then it's all over. This is it.
Each stimulus/porkulus is a raid on the Treasury and will inflate the Dollar and cause the world to go off of it as a world currency.
You’re just repeating Ramsey and adding a slippery slope fallacy.
The stimulus checks are from your grandchildren. Look at that little in front of you. You are spending them into future financial hardship.
Okay, make it $15,000.
If financial literacy was taught in schools, then folks would not have to learn the basics from people like Dave Ramsey.
In the real world, most folks spend too much and get deeply into debt—to the extent he convinces some of them to head in the other direction, that is a good thing.
I’ve said for years that Ramsey has made a big business out of essentially telling people: You bought that. You shouldn’t have bought that. You don’t make enough money to have that. You need to sell that.
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This rather obvious logic is apparently not so obvious to a large percentage of the American public who is up to their eyeballs in debt.
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