Open Menu
AllLocalCommunitiesAbout
lotide
AllLocalCommunitiesAbout
Login

Anon calls in for financial advice

⁨560⁩ ⁨likes⁩

Submitted ⁨⁨2⁩ ⁨months⁩ ago⁩ by ⁨Early_To_Risa@sh.itjust.works⁩ to ⁨greentext@sh.itjust.works⁩

https://sh.itjust.works/pictrs/image/4d505ba6-d219-44a3-91cc-6b4b5f9bba6a.jpeg

source

Comments

Sort:hotnewtop
  • corroded@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Isn’t dying poor a good thing? I don’t want to live poor, but you can’t take it with you. I’d ideally spend my last dollar right before taking my last breath.

    source
    • echodot@feddit.uk ⁨2⁩ ⁨months⁩ ago

      If you’re unmarried and have no descendants sure. Although you’re kind of screwing them over, these days, you dying is the only way your kids are ever going to be able to buy a house.

      source
      • faintwhenfree@lemmus.org ⁨2⁩ ⁨months⁩ ago

        With inheritance taxes in the west not even then.

        source
        • -> View More Comments
    • HobbitFoot@thelemmy.club ⁨2⁩ ⁨months⁩ ago

      The problem is when you spend your last dollar but still are breathing.

      source
      • JackbyDev@programming.dev ⁨2⁩ ⁨months⁩ ago

        The goal would be to spend my last dollar prior to ending up in a hospital where I die and the medical bills go poof.

        source
    • tja@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

      Problem is, that you normally don’t know how long you’ll live and cannot plan accordingly.

      source
      • Genius@lemmy.zip ⁨2⁩ ⁨months⁩ ago

        I know when I’m going to die, because I’m an independent free thinker. I refuse to face my death on anyone’s terms but my own. I intend to live a rich and fulfilling life, watch my family grow, and then end it at a time of my own choosing, after giving all of my grandkids the tools they need to go on without me.

        If I died to any means but suicide, I wouldn’t think it fair. You can’t fire me, I quit. It’s my life and I’m going to be in control until the last second.

        source
        • -> View More Comments
    • AI_toothbrush@lemmy.zip ⁨2⁩ ⁨months⁩ ago

      Inheritence and/or charity

      source
  • cm0002@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Dave Ramsey’s advice is only ever applicable to those who are terrible with self-control. If you have at least mediocre self-control, carefully managed debt can be a boon

    source
    • oxideseven@lemmy.ca ⁨2⁩ ⁨months⁩ ago

      Dave Ramsey is a bigotted, sexist, racist piece of shit who got rich running mega churches. Ie: scamming people and the government.

      He’s fired people because they’ve have children out of wedlock. The whole company is a cult.

      source
      • BuckenBerry@lemmy.world ⁨2⁩ ⁨months⁩ ago

        Doesn’t that describe pretty much everyone in finance

        source
        • -> View More Comments
    • echodot@feddit.uk ⁨2⁩ ⁨months⁩ ago

      Does a British financial analyst who basically says the same thing.

      If you can actually manage debt make sure to get some. And then pay it off.

      source
      • neshura@bookwormstory.social ⁨2⁩ ⁨months⁩ ago

        One example: If you get to own a house (that’s paid off) not having debt on it is stupid because you get the lowest interest a regular person possibly can get. Even if everyone else has interest rates up to their mouth you’ll get a rate so cushy investing the money in any index fund will outperform your interest payments.

        source
        • -> View More Comments
  • Boomkop3@reddthat.com ⁨2⁩ ⁨months⁩ ago

    Like how some banks go “save a coffee now, buy a house in a year”

    source
  • superduperpirate@lemmy.world ⁨2⁩ ⁨months⁩ ago

    Financial advisor Dave Ramsey Snow

    His advice on living within your means usually includes gratuitous torture porn. Yet he always forgets plot armor won’t protect you from financial mistakes.

    source
    • JackbyDev@programming.dev ⁨2⁩ ⁨months⁩ ago

      I haven’t actually directly consumed any of his content but from what I’ve gathered over the years it sort of feels like advice targeting people addicts. The same way it may sound strange to tell someone to never ever ever drink a single drop of alcohol ever but it makes sense if you know they’re a recovering addict.

      But at the same time, there’s just some pretty bad advice too. Along with some common sense good advice.

      source
  • Psythik@lemm.ee ⁨2⁩ ⁨months⁩ ago

    The only Ramsay I listen to is Gordon.

    source
    • SkaveRat@discuss.tchncs.de ⁨2⁩ ⁨months⁩ ago

      The only Gordon I listen to is Freeman

      source
    • Boomkop3@reddthat.com ⁨2⁩ ⁨months⁩ ago

      [insert curse words here]

      source
    • I_Has_A_Hat@lemmy.world ⁨2⁩ ⁨months⁩ ago

      You shouldn’t listen to him either. He’s just a TV personality. In reality, he’s absolute shit at cooking.

      source
  • 7U5K3N@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

    Dave Ramsey is a horrible person. His office is in the Nashville area… There’s always a story in the news about his office and it’s policies

    Have a look.

    Sorry for the reddit link… old.reddit.com/r/nashville/search?q=Dave+Ramsey+&…

    source
  • nutsack@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

    i assume the caller is an american

    source
  • joyjoy@lemm.ee ⁨2⁩ ⁨months⁩ ago

    What Dave heard

    Im 8, i have $17 in my account, ive been wanting to get this car - can i afford it?

    source
    • LodeMike@lemmy.today ⁨2⁩ ⁨months⁩ ago

      Dave needs to get his hearing checked.

      source
  • UltraGiGaGigantic@lemmy.ml ⁨1⁩ ⁨month⁩ ago

    Budgeting is easy when your budget is always zero.

    source