Investment

Dave Ramsey’s Awful Advice

Dave Ramsey’s Awful Advice

If you’ve been reading this blog, you know that I am not a fan of gurus. Gurus are usually people with an easily-understood message that appeals to the desperate and inexperienced. Unfortunately, more often than not, key parts of the advice they give is harmful to the financial well-being of their adherents. This is especially true of ultra-popular faith-based financial guru Dave Ramsey.

Get Rich With Patience

Get Rich With Patience

As I write this, the US markets have just closed down about 2.5% for the day, and about 9% down for the year so far. Though I have written on this topic before, it bears reiterating: Our successes or failures are born in times of adversity. Your future wealth is contingent on your ability to stay the course despite terrifying media proclamations that somehow, someway, this correction is worse than any of the countless corrections that have come before.

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