What's up everyone. We are doing a contest with T.I. and we are giving away $1200 a day for the next 10 days. Just wanted to give you all a heads up.
https://www.allhiphop.com/ti

Live like no one else: The Dave Ramsey Show appreciation thread

1246712

Comments

  • blakfyahking
    blakfyahking The IC's Resident Father Figure Members Posts: 15,785 ✭✭✭✭✭
    Go figure wrote: »
    I 🤬 with dave ramsey but i believe in building your credit. With that said i started around 560 n just hit 670 the other day. Shooting for 700 around fall at the latest.

    I only have 2 store cards. One for nice clothes and one where i can get everyday clothing and household 🤬 . I always keep my balance under 30% of my credit limit...pay it down before my credit score updates its been very inexpensive and i only purchase things i need.

    Might get one actual credit card when i hit 700 for a hefty credit line and leave it at that. Having too many cards and spending when u dont need to/impulse spending is what 🤬 ppl over.

    I dont have those problems so credit can be used to my advantage not a detriment to finances.

    Discipline patience & planning is all it takes.

    props @ the bolded

    that's the real secret to building wealth

    some people just need better practice and discipline with using credit instead of avoiding it altogether

    there's a reason why they don't teach personal finance in high school....or even college if u don't select it as a major
  • Koltrain
    Koltrain Mr. MOMembers Posts: 4,286 ✭✭✭✭✭
    I talk to a lot of people who have no idea how credit really works. They've seen people abuse it repeatedly and associate something negative to it. Good credit is very important and can be a great tool for wealth when u understand how to use it. I have a couple clients pushing towards 800 thru my credit repair business. Both business owners and have a plan on using their credit to obtain more wealth..its inspiring
  • R.D.
    R.D. Members Posts: 20,156 ✭✭✭✭✭
    I had to take out a $500 loan earlier today to cover some baby expenses as well as a purchase of a new cell phone. What had happened was that my cell phone prior to this new one fell in the toilet some freak incident. Thankfully in my hard work to obtain debt-free status, I accumulated good credit. Within minutes of applying for a small signature loan of $500, I got approved for it.

    I fought back tears at the bank because the 200 photos of my son that I took, are all gone forever. I am included in the statistic of the earlier article I posted due to me having no emergency fund to speak of. So that's why I preach about this debt free stuff. You will never get desperate as I was earlier today if you have your emergency fund completely solidified.

    This is one of my relative fears

    It's why I take that "pay yourself first" 🤬 to heart

    I know my credit is probably 🤬 for it for the moment but I'm betting on myself and put off debts until I felt comfortable with my floor

    Being out on my own early helped me see how much of hamster wheel this 🤬 is and I try to play by my own rules as much as possible

    Just payed like 600 in fees to get my tags renewed due to tickets and suspensions I put off paying because the thought of having nothing to lean on again makes me more nervous than the risks
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    tf?

    They actually do that, it's crazy
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    tf?

    They actually do that, it's crazy

    id be 🤬 as an interviewer
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    @Sion can you bookmark the gospel please?

  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    "The only way that people change their lives is when they finally say... I'VE HAD IT!" - Dave Ramsey
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    "You have to tell your money what you want it to do." - Rachel Cruze
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    "Living within your means is all about being clear and intentional about how you'll use your money." - Rachel Cruze
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
  • LEMZIMUS_RAMSEY
    LEMZIMUS_RAMSEY SHAPE YOUR REALITY INSIDE WHICH YOU THRIVE Members, Writer Posts: 17,670 ✭✭✭✭✭

    WTF and smh. When will people stop funding a system that kills them?
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭

    No excuse for not having the loan paid off in two years with the net income. She needs to have a plan and be gazelle intense with the plan
  • Young_Chitlin
    Young_Chitlin YCN Chief/FCC Member/#RedVelvetSquad Member/IC Task Force General ASUville, PhoenixMembers Posts: 23,852 ✭✭✭✭✭
    Breakdown of Dave Ramsey plan Vs Robert Kiyosaki plan

  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    Breakdown of Dave Ramsey plan Vs Robert Kiyosaki plan


    i think both are right at certain points in a persons life..

    you have to find a balance and know who you are and how to apply it.

    its a never ending search and balancing game.

    nothing is 100% simply because we all live differently and have access to different resources.

    what is good for one person may not be good for another.. but their ideas can add value to going further.

    never under estimate advice.

    when you stop listening and learning..

    you stop gaining and growing
  • 2stepz_ahead
    2stepz_ahead Who I am is Complex, What i am, simply put. I'm a Threat walking out the lions denGuests, Members, Writer, Content Producer Posts: 32,324 ✭✭✭✭✭
    Breakdown of Dave Ramsey plan Vs Robert Kiyosaki plan


    these very topics together would make a very interesting thread and help alot of people.
  • Go figure
    Go figure Sion the GoGuests, Members, Confirm Email, Writer Posts: 4,662 ✭✭✭✭✭
    "Debt enhances my tax returns" can someone explain this? Does it have somethin to do with write offs?
  • NoCompetition
    NoCompetition Members Posts: 3,661 ✭✭✭✭✭
    Breakdown of Dave Ramsey plan Vs Robert Kiyosaki plan


    these very topics together would make a very interesting thread and help alot of people.

    Yeah I saw part of Robert Kiyosaki. I took things from it that I still remember. Dave Ramsey is more of save, sacrifice, be sensible. Good advice. Its more rudimentary from what I've seen a lot of it will simply keep someone from financial disaster. Kiyosaki is more bigger money, business, think big type of thing. Its a different, well both of them are different ways to look at money that a lot of people do.