Dave Ramsey Is WRONG!

Dave Ramsey Is WRONG!. Dave Ramsey

Dave Ramsey Is WRONG! video duration 7 Minute(s) 47 Second(s), published by The Out of State Investor on 29 03 2019 - 22:43:30.

In this video I give you 2 reasons of why Dave Ramsey is Wrong
I talk about how you could be missing out on paying down debt fast and how you could be

Millions of Americans are in mortgages they can't afford
Dave Ramsey always recommends a 15-year fixed rate mortgage
To get a loan or refinance, use his .

In this video I give you 2 reasons of why Dave Ramsey is Wrong. I talk about how you could be missing out on paying down debt fast and how you could be missing out on thousands if not millions of dollars.
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The first thing Dave Ramsey is wrong about is his Debt Snowball Method. He talks about how you should pay off the credit card or loan with the lowest balance first regardless of interest rate. Then gradually move up to higher balances until you hit the highest balance. This strategy is the slower way to pay off debt and is more recommended by dave to give you hope. Now if I'm saying that's the wrong way to go, you may be wondering which credit card to pay off first? I think before you decide you have to take a look at yourself in the mirror and decide if you're the type of person that knows it's possible for you to get out of debt. If you truly believe that, then it just comes down to the fastest way to eliminate debt. I recommend focusing on interest rate over balance. This will get you to snowball even faster than Dave Ramsey's method and you will find yourself debt free months or even years sooner.

The second thing Dave Ramsey is wrong about is that he recommends people use cash for any real estate investments. The reason why this is not the best way to go is one word, \

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I Can't Afford A 15 Year Mortgage!

Millions of Americans are in mortgages they can't afford
Dave Ramsey always recommends a 15-year fixed rate mortgage
To get a loan or refinance, use his .