Best Way To Pay Off Student Loans Reddit – How Dave Ramsey's Baby Steps Cuck You
Best Way To Pay Off Student Loans Reddit – Highest Rated?
I am the financial nerd Dave Ramsey warned you about. Here’s a link to the video I mentioned: https://youtu.be/nCbP27dl73E
[See link at end of video]
Dave Ramsey’s Baby Steps will keep you broke, doesn’t matter which order you do the steps in. Step 2: the debt snowball cucks you on interest. This is not the student loan advice we should be giving college students. You don’t get to invest until Baby Step 4. This video will show you why Dave Ramsey is dead WRONG about a great many things. Even if you make 59k a year, you will never break free from the middle class. Financial freedom can only be obtained when you lie to people about the returns you can get from mutual funds, and lie to people about what is a good retirement drawdown rate. Here in this video, I do Dave Ramsey’s advice for 44 years and it doesn’t make me rich, it just makes me old. It leaves you broke and cucked. Paying off your mortgage early is horrible advice, especially in this low interest rate environment. Don’t wait to invest, invest and then wait. Don’t decrease your expenses, increase your income. But Ramsey never says that, because he wants to sell you bluepills, he hawks the financial version of comforting lies. Do not close out your credit cards. Get more credit cards, increase your credit score.