Credit Karma...

[slow99]

Sometimes the truth needs to get out there.

The truth is that if you had to turn to Dave Ramsey for advice then it's overwhelmingly likely that you suck at managing finances and have no business preaching to others about how to manage theirs.

Dave Ramsey's Financial Peace "graduates" are like Crossfitters and Vegans. They don't shut the fuck up about it.

Fucking spot on.

[Sean88gt]

The truth is that if you had to turn to Dave Ramsey for advice then it's overwhelmingly likely that you suck at managing finances and have no business preaching to others about how to manage theirs.

It really feels like a 12 step program, and he is the sponsor.

[Rick Modena]

Dave Ramsey's Financial Peace "graduates" are like Crossfitters and Vegans. They don't shut the fuck up about it.

It really feels like a 12 step program, and he is the sponsor.

luz...





















Who in the fuck brought this old ass thread back up, WHO!

[The King]

Dave Ramsey's Financial Peace "graduates" are like Crossfitters and Vegans. They don't shut the fuck up about it.

*****Applause*****

[juiceweezl]

Dave Ramsey's Financial Peace "graduates" are like Crossfitters and Vegans. They don't shut the fuck up about it.

Damn, Brent. This may be one of the funniest posts ever on here.

I love how everyone has an opinion on debt, credit scores, etc. I have typical revolving balance totals of 15-20K across 2 cards. Much of it is work stuff that gets reimbursed. I pay it all each month so the only thing I collect is points instead of paying interest. I have 4 titles in the safe and have mortgages on 2 properties, both with a ton of equity in them and both in growth areas. I live in one and the other is a rental. I have no problem with the kind of debt I have.

[Broncojohnny]

Debt for the right real estate, be it a primary residence or an investment property is not always a bad idea. Leverage can be your friend, but it can also be your enemy if you choose wrong.

I see this all the time in regard to real estate and it certainly follows through to commercial real estate. But we have lived in an environment of declining rates for decades. We are now living in an environment of increasing rates. This could easily be a paradigm shift. The jury is still out of course.

[quikag]

I see this all the time in regard to real estate and it certainly follows through to commercial real estate. But we have lived in an environment of declining rates for decades. We are now living in an environment of increasing rates. This could easily be a paradigm shift. The jury is still out of course.

True, but locking in some "good" debt with the current low interest rate environment isn't necessarily a bad idea for a lot of people, especially for principal residences.

[Broncojohnny]

True, but locking in some "good" debt with the current low interest rate environment isn't necessarily a bad idea for a lot of people, especially for principal residences.

Good debt only exists because of increasing values, that is no longer a given.

[TexasDevilDog]

Do we need a trigger warning for Dave Ramsey quotes?

LOL

[quikag]

Good debt only exists because of increasing values, that is no longer a given.

Increasing values and/or sufficient necessary utility to justify the associated cost/qualify of life improvement. Even if values flat line or decrease over a long period of time (unlikely, but possible), people still need a place to live and mortgage debt tied to historical low rates is still likely a better long-term solution than renting an apartment or house where there is no guarantee of frozen rents.

I'll take a 30 year fixed mortgage on a decent house at a rate of ~3% any day over a crappy apartment/rent house.