Dave Ramsey

Hi Everyone,

I had some people mention Dave Ramsey to me, so I finally got around to going to his webpage:

www.daveramsey.com

and checking it out.

One of my favorite features was "The Stupid Tax" which is a feature on the page where you can write in and share your stories of impulsive or just plain stupid money choices. One of my favorites was about being offered 3 months free of a magazine in the checkout line at the store. This has happened to me and I never knew what "the catch" was. I assumed that they gave me the three months free and then if I didn't specifically cancel then I would automatically enroll for another year. This person share's a story where it is even worse. For them the fine print says that you are subscribing for a year and getting the first three months free, so an annual subscription fee actually gets charged to you. You can read the story here:

A Magazine Subscription I Didn't Want

I also liked his 7 Baby Steps though I'm not sure I'd agree with all of his specific decisions. He seemed to feel that you should ONLY have a 15 year fixed mortgage. I think going for a 15 year fixed is a great goal, but I also don't think it's bad to have a 30 year.

Generally I liked his view of debt=bad, certainly worse mantras to have when it comes to money.