You are not working harder (hexbear.net)

submitted 5 months ago by [email protected] to c/[email protected]

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https://finance.yahoo.com/news/theyre-just-awful-dave-ramsey-200017468.html

Ramsey also offered a critique of a segment of these younger cohorts. He expressed his frustration, saying, "Then there's a segment of them that just sucks. They're just awful. I mean, their participation trophy, they live in their mother's basement, and they can't figure out why they can't buy a house because they don't work, you know, stuff like that." These are the attitudes and work ethic he perceives as problematic among the younger generations.

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[-] [email protected] 16 points 5 months ago* (last edited 5 months ago)

This guy is so fucking out of touch. Saw a clip of him laughing at someone asking how to handle the astronomical cost of childcare and saying he was stupid for paying $80k a year in childcare for his three kids... when that's just what a preschool costs now for three kids. He then suggested they use a "free summer camp", presumably one run by a fucking leprechaun because no such thing exists

EDIT: Actually it was two kids because this country is a nightmarish hell state

[-] [email protected] 14 points 5 months ago

My economics teacher in the 10th grade used this man's videos as the entire set of lessons for the whole semester. We watched parts of it every single fucking class.

[-] [email protected] 12 points 5 months ago

Dave Ramsey is the economics equivalent of JBP.

Giving out some basic bitch tips about paying off your credit card monthly, saving in an IRA, and avoiding long-term car notes. Then padding out his advice with bazinga brain nonsense like "Don't got to college", "Pay your kids a commission to do their chores", "Only invest in dividend yielding stocks", and "Become a slumlord the quick and easy way".

Just awful, soulless, and even-by-common-standards largely out-of-date financial advice that's stuffed to the brim with MLM ads and other scams, intended to play on your naive understanding of personal finances.