Originally Posted by
PNWFlyer
Debt is bad. Just make sure you never do the math. you know the math that you are paying the bank only 2.25% on that money and the $800k you have invested is making significantly more that that. No sure why Dave Ramsey wants people to be poor.
Dave’s core audience doesn’t often include the type of person with enough financial discipline to park that money in responsible investments that yield more than mortgage interest. Many of the people he is speaking to have far greater financial management issues to tackle. Weening them off debt is usually the best way to start getting their financial lives under control.