Put Down that Dave Ramsey Book!

As financial grifters go, Dave Ramsey is one of the worst out there today. In this video from The Financial Diet (one of my favorite channels) she takes down Dave Ramsey and his terrible financial advice. You’ve probably heard tidbits of his advice like “paying off all debt” and “keeping a $1,000 emergency fund.” However, his toxic advice goes far beyond that and some of the people that follow him have a cult-like devotion to the man and his financial edicts. He likes to cherry pick bible verses to reinforce his points and he has very right-wing views when it comes to social programs. Most importantly, he has no idea about cost of living or that not everyone can move to a lower cost of living area. In this video, we are going to learn about what a charlatan he is and how bad his one-size-fits all advice can be!