hoosierdoc
Freed prisoner
It's worth the sacrifice to only have to deal with my own bodily fluids.
Well that too but I meant you could have chosen to be a plaintiff’s attorney
It's worth the sacrifice to only have to deal with my own bodily fluids.
Well that too but I meant you could have chosen to be a plaintiff’s attorney
Never have understood the "I am debt free other than my mortgage"......that debt is many times more than all total debt combined, in most cases and has cost you more in interest than all other debt combined. Fact is, we are never debt free. Always will owe someone...whether it's the light bill, taxes, cell phones, insurance. It is stacked against us. The system will insure you owe someone until death.
Never have understood the "I am debt free other than my mortgage"......that debt is many times more than all total debt combined, in most cases and has cost you more in interest than all other debt combined.
Fact is, we are never debt free. Always will owe someone...whether it's the light bill, taxes, cell phones, insurance. It is stacked against us. The system will insure you owe someone until death.
It's a secured debt, and it's a secured debt in which you're unlikely to be upside down, so you can be debt-free very quickly by selling the house. That's the difference.
The cost in interest isn't that unfavorable compared to renting. Especially on a 10 or 15 year mortgage.
Bills are not the same as debt. But I feel like I recall this nonsense coming up in a previous discussion of Dave Ramsey.
Never have understood the "I am debt free other than my mortgage"......that debt is many times more than all total debt combined...
I agree with most of what you said but a debt is a debt. Let the market go South and see how secured of a debt a 300K house is when it is worth 200K. Look up the definition of debt and tell me how a bill is not a debt. If you owe it, it's a debt. You can't possibly consider a vehicle payment a debt and not a house. Some people call homes investments......I call them a money pit!
I agree with most of what you said but a debt is a debt. Let the market go South and see how secured of a debt a 300K house is when it is worth 200K.
Look up the definition of debt and tell me how a bill is not a debt. If you owe it, it's a debt. You can't possibly consider a vehicle payment a debt and not a house. Some people call homes investments......I call them a money pit!
He's got some good points.
Overall a positive thing.
Don't listen to him on spiritual advice (which he blends in with the financial stuff).
Every Dollar is pretty good.
I don't listen to him much, but this statement piques my interest.
Dave Ramsey is extremely religious, and advocates tithing (10% of pre tax income donated directly to the church).
To me, that is insane.