Every once in awhile, someone will ask:
“What do you think of Dave Ramsey?”
He be very popular.
And for good reason. His advice is very “feel good.” It gets you going down the path of being debt-free. He also tells you to save moolah and pay cash for everything.
Once you’ve mastered the basics, he tells you what to invest in to make 12% returns (I think he’s still using that figure but don’t quote me on it).
What’s not to like?
More:
One of the things people LOOOOOOVE about him is his “no nonsense” attitude and a (very) healthy dose of religion that goes with it.
He ain’t afraid to tell you you’re being dumb with your money.
And he ain’t afraid to quote scripture to back up his financial advice.
And if you AREN’T doing things his way… he’s going to whip you with his biblical noodle.
And (for the most part) this works for him.
And it works for his legions of followers.
The fanboys (and girls).
And pretty much anyone who needs to be constantly told what to do with their money, what to think, and how to act.
Me?
I take a different approach.
My methods require people think for themselves and follow a value and principle-based approach to finance.
And if you read my email from the other day, you know I’m an atheist so everything I do is (by definition) not faith-based (the complete opposite of Ramsey).
The ONLY tools I have are science and reason.
More info here (if you’re not afraid of my heretical ways):