I found this interesting.
Love that blog!
If hotdogs are not bad enough to start with ...
I do have to say that the Dave Ramsey thing is a good start for people who spend money nilly-willy and have no concept of balancing a budget and have to give him credit for that.
As someone who actually has some retirement funds because I put what started out as very little money into our ESOP plan I have to say he is unequivocally wrong about it.
I do think for basic getting out of debt Dave Ramsey can be very good but obviously he needs to learn more about the investment business.
I love how ALL viewpoints are discussed here - it makes this board especially valuable.
He didn't file bankruptcy in 2008- that was a looooong time ago before he came to his senses. And I would love to be as smart as him b/c then I would be a millionaire. See nothing to critize him for.MHO.
This guy really needs to actually listen to Ramsey before writting about him.
Invest 15%, straight from the horse's mouth (or website):
I am glad Ramsey works for you, but my understanding of the debt support group is help people get out of debt, not hero worship Dave Ramsey.