/biz/ - Business & Finance

He's a fucking retard who gives subpar advice to other retards.

He told churches not to take PPP money because the government would somehow come back and tell them they had to preach about gays or some ridiculous shit.

He is lucky to sell mediocre advice to a generation of perpetual children.

>>29938913
the more memes i see about him, the more i realize my mom just parrots his advice when i ask her anything. i am unironically eating beans and rice right now because i drained my checking account to buy crypto

>tell people sage advice like spend less than you make
>makes millions of dollars
i can't hate him for it

Yeah this guy gets fucking softballs thrown at him for questions.
>caller: i work at a bookstore but have 400k in debt from a private college. Should I buy a tesla?
>well now that ain't very good now is it? *sighs*
>caller: no sir
He always has this pained look too. You know his dick gets hard at this point the worse someone's financial situation is.

he went from one extreme of taking out 5 mortgages on investment property during the housing bubble and lost everything, now he is on the other extreme of debt = evil, speculation = evil, success = luck

One of the better financial gurus out there due to his advice being actionable and free. He's too surface level though, and he's stuck in his ways when it comes to investing (MUH MUTUAL FUNDS, MUH ROTH IRA UNTIL 65+). If you're in debt and you're scared of taking risks this is your guy.

>>29938913
Wonder if he knows about the /debtmaxing/ movement

>pay your girlfriend’s student loans off

>>29938913
promotes muh IRA's while knowing full well that they will be seized by the government in the next 10 years. He is a paid soothsayer for the normie masses

>>29938913
He's like the plumber of financial advisors, just dealing with crap all day, every day. I'd hate to have his job.

>>29939487
Stop sucking him off nigger

>>29939428
He tells people to wait till they are married before combining finances like that. He is redpilled on relationships.

>>29939053
The ppp thing is the only smart thing I've heard him say

>>29938913
i cant do boomer shit im physically disabled and cant work hard i need to take high risk aggressive trading shit

>>29939487
It's the truth, though! His job sucks. I don't know why he doesn't just retire and let Chris Hogan do it. Dave is 60, so who knows how many years he has left.

>>29939553
It's the truth, though! His job sucks. I don't know why he doesn't just retire and let Chris Hogan do it. Dave is 60, so who knows how many years he has left.

Is he giving people advice for maximal wealth? No. But he is trying his best to give retard proof advice. If you went through the average American's financial history, it would read like a comedy. So it's best to walk them off the cliff of ruin because they're liable to get payments on a used BMW, get a mortgage on a McMansion, depend on a pension for their entire retirement, etc if you give them a y leeway at all.

Getting into nuance isn't worth it because they can't understand. May as well tell them straight up that debt = bad so they can still have a place to live when their low tier job is cut as happens every recession.

Good for people who are terrible with money, not all that helpful for people who are already in a good spot.

Most people would benefit greatly from doing basic finance, budgeting, paying down debt and investing

If you have the time or interest to learn something a little more hardcore to try and get rich and invest your 10-20% or whatever everyone can make it but lets not pretend that it's wrong to tell people to organize their week to week and not live oblivious to their own cash flow

read up on how he runs his company and employees, that is all you need to know about someone

>>29939055
>What is a credit card

>>29939225
That screen cap pretty much sums it up. His advice is predicated on the assumption things will be as safe and stable in 40 years as they are now. We'll be lucky if the dollar doesn't lose all it's value this year and there is absolutely 0% chance Social Security will exist in 40 years.

Guys how do I kill and rape Dave Ramsey?

>>29939882
this
>don't buy new $50k car
>don't buy massive mcmansion when you're $200k in student debt
>don't spend $1000 a month on food
it's common sense but most American's fail this. Actually the whole thing can be boiled down to
>don't live outside of your means

follow Dex for Jul
don’t make quick dump
>put 400$ on yields
>waited a month
>push to 1500$ yields pools
taxes so low, rofl don’t cry about gas on ERC

Good advice but it doesn't apply during literal hyperinflation like now

>>29941320
Fuck you I will stand in your way. If you wanna get to Dave you gotta go through me and there's no way I'm gonna let that happen, pal.

>>29938913
how'd this dude get famous for giving common sense advice?
have i just underestimated the retardation of the general populace?

>>29941503
I bet I could eat you sautee your ass with some garlic and clover and then weaken Dave with your entree entrails.

>>29941603
you don't understand just how horribly stupid the average american is for finances, it's hard to comprehend until you've seen it first hand
most americans spend 100% of their paycheck every week, no investments, no savings, no plan to grow or retire or achieve some kind of greater financial independence
as long as they can meet their monthly bills it's all good

>>29941603
The American education system is designed to keep people poor. Dave just tells you what your great grandfather would have told your grandfather.

>>29939882
he is absolutely right though. most americans are suckered into buying useless shit via advertising, paying for it with declining wages, and being propped up by cheap credit. Meanwhile our politicians actively root for our destruction with unfettered immigration, mass printing of new currency, and housing 'reform' that amounts to nationwide section 8.

the whole thing is a giant fucking ponzi scheme that will collapse the moment petrodollars go away, or the USD losing its status as a reserve currency. The only winning play is to live like a monk and save as much of your wealth from taxation and inflation -- which is exactly what his advice amounts to.

my only beef with him is inserting Christianity into his shit at every turn. not even an edgy atheist or anything, but there's a time and a place for that.

He never once talks about making more money through changing careers or investing in yourself

>>29941951
But he's not right. I already went over that in my pic. Redditor newfags need to stop sucking him off for his blue pilled normie shit advice.

>>29941988
the average american isn't capable of that, someone with the conviction and determination to go through such a thing doesn't need Ramsey's advice, because they understand concepts like how to use certain types of debt to invest in oneself

>>29942048
your pic was pol-lite, it's worse advice than most of what he says. though i don't disagree about a hostile government, i said as much in my post. you're a fool though if you think the average consumer will get away with maxing out their debt and getting away free and clear. (corps? sure, but not the peasants.

so you advocate maxing out your debt, to buy what exactly? i'd go out on a limb and wager that the first people rounded up and tossed into the pods will be the people with shitty credit and no money. remember, your government wants to bring in as many poor browns as possible. they also want to make it as impossible as they can to build new housing. and what little can be built is completely out of your reach financially.

>>29938913
His debt snowball method is stupid, and his advice is for stupid people, so it kinda evens out.

>>29938913
if I think I know him, he owes me either some money or to paint my damn fence.
paid that jerk to paint my fence years ago and never did it.
On second though, I'm just gonna take this poorfag to kleros court and call it a day

>>29941988
you can only give this advice to people who aren't completely fucked. most of his calls are from people who are six figures in debt for dumb shit.

i was watching a dave ramsey the other day where this dude was like 100k in debt or some shit and it was all CAR DEBT for some fucking audis for him and his wife, this asshole was making like 25k per year and had like 1500 a month in car payments.

think about that

>"CASH IT OUT NOW, YOUR MONEY IS ALL IN CODE"
Total boomer retard, the rest of his advice is just common sense that anyone could come up with

He's the anti jew

>>29942782
kek did he really say this? your money is in code anyway dave, it's called digital banking you fucking lunatic

>>29941250

Credit card:
"Used by the banks to carefully keep the worker in eternal debt. This keeps the worker happy enough to buy frivolous things but also in an eternal state of debt chasing he will never pay off. This keeps businesses staffed and workers to work harder"

>>29938913
Good advice for a world that doesn’t exist anymore.

>>29943036
Imagine being this cucked and not playing the system. What's stopping you from running up $100k+ in credit card debt and never paying it off? You know their is no such thing as a "debtors prison" anymore right anon?

>Hey anon, what you need to do is spend less than what you make & use the savings to build up a rainy day fund

>>29941951
Most Americans are dumb anon. You're bread on a culture of godless consumption with no hope of slowing down.
This is only possible in a dumb and godless society where most people have nothing but their job and a void to be filled while the rest fall for every meme product comes their way.

Most people have to be told what's good for them while only a handful always seek out good advice

>>29938913
dumb as fuck advice from a very wealthy dude who wants you to waste your life in fear of being debtcucked.
some debt is fine, invest and build things that create wealth and don't worry like a faggot because of this old bitch

>>29942764
The black pill is this post.
Listen people

>>29939366
What's that?

>>29938913
I've been watchin' it for a few days just for the keks but he said mutual funds >> index funds. ?? Sounds like stupid advice to me, is he right?

>>29944131
Aw geez doood

>>29939366
Is this tied to accelerationism?

He's a retard. It's a good thing he was born at the easiest time to make money ever otherwise he'd be about as rich as your average frugal grandad

>>29941320
A trail of beans and rice leading into a pungie pit of dildos

>>29944274
I need more then just "go in debt and pay nothing back goy"

>>29941951
>...there's a time and a place for that
And that should be all the time. Through what you said in your post, your eyes already seem open, fren. Come home to our Lord and be comfy. No matter what happens in our lifetime's version of clown world, there is something more unfathomably magnificent waiting for us.
>Surely goodness and mercy shall follow me all the days of my life, and I shall dwell in the house of the Lord forever.

>>29939765
PPP more like PeePeePoo

>>29944409
I'd like to help ya dood
But I got these pills
With my leg

>>29943384
b-but anon you don't want to ruin your (((Credit score))), do you??

KEK as if someone who's already in a fuckton of debt is ever going to worry about lending money again

I have money and plan to buy land, I own a company that makes 40x min wage in my shithole country. Could I debtmaxx? I just wanna fuck over the (((Bankers))), will they come for my land?

>>29945128
Of course they will. Debtmaxing is good as a single guy living in an apartment with quality assets stored at his parents place.

You're 100% shooting yourself in the face if you debt maxx

>>29939225
>for a disease that might not even exist
Stopped reading there

>>29945128
2 words:
offshore
trust

>Have an emergency fund
>Pay off debt NOW
>Budget
>Invest 15%+
>Pay off your house as quick as possible to avoid interest rape
Look, it's not nuanced, but it's pretty retard proof and a good shotgun approach to finance. If every American did this we'd be infinitely better off.

>>29947903
>If every American Corporation did this we'd be infinitely better off.
Ftfy

>>29944409
12 dollas???

>>29942048
r*ddit hate him faggot retard.

>>29938913
If you never want to make it, do everything he says. His goal is to keep poor people poor but not utterly destitute.

>>29938913
CASH IT. TONIGHT. IF YOU EVEN CAN.

>>29938913
He gives decent advice for impulsive retards that can't save money. Other than that, he gives useless advice