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   Partisan Night Slut :pns: (pns@noauthority.social)'s status on Tuesday, 01-Apr-2025 21:09:22 JST Partisan Night Slut :pns:

   The career economy is rapidly becoming one of concurrent overlapping gig work. No benefits. Inflation is Damocles sword.

   • Embed this notice
     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 01-Apr-2025 21:12:01 JST BowserNoodle ☦️

     in reply to
     @PNS Dave Ramsey's advice is very out of touch but he's okay for clueless people. I heard a clip yesterday where someone called in saying they made 80k and wanted to splurge on a sports car with their 30k savings. Ramsey is going through quick Q&A with the guy and says "so it's obvious that your salary should be up 10k in the next 5 years, right?"
     I couldn't hold back my laughter. Honestly it's just retarded.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 01-Apr-2025 22:19:04 JST BowserNoodle ☦️

     in reply to

     • Sturmführer Xeno Fish Biscuits
     @Xenophon @PNS >AcKshUaLLy Dave Ramsey is "financial entertainment" not advice! :Ackshually:
     My broker friend told me that if he was as flippant as Ramsey with his recommendations he'd be barred from the industry and possibly jailed. I've done the opposite of Dave Ramsey on a few things and it works out incredibly well.
     >Don't lease a car!
     Leased for a finance cost of $160 over three years
     >don't buy new cars!
     Bought out the above lease and sold it for a 5k profit during corvid shortage
     >Don't speculate, invest!
     My total ROI on options gambling is triple the s&p over the same time.
     Inverse Ramsey is the new Inverse Cramer.
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     Sturmführer Xeno Fish Biscuits (xenophon@nicecrew.digital)'s status on Tuesday, 01-Apr-2025 22:19:05 JST Sturmführer Xeno Fish Biscuits

     in reply to

     • BowserNoodle ☦️
     Nobody should take advice from anyone selling financial advice via show/podcast/etc. You are the product.
     Hoss Delgado repeated this.
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     Bloodytailspike (monsterislandcolonizer@poa.st)'s status on Tuesday, 01-Apr-2025 22:29:50 JST Bloodytailspike

     in reply to

     • BowserNoodle ☦️
     @BowsacNoodle @PNS A lady called in saying she was $200k in debt for her son to go to college at a music school for playing the Oboe and asked if she should pay for another semester or make him drop out
     
     Dave Ramsey is for people with absolutely positively no financial discipline, people who get a credit card to pay off their other credit card.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 01-Apr-2025 22:29:50 JST BowserNoodle ☦️

     in reply to

     • Bloodytailspike
     @monsterislandcolonizer @PNS >"We pay $1700 a month for our car payments and carry $94,000 in debt. My son refuses to help us out even though he has a good job (intern at a tech startup)! Would it be better for us to take money from our daughter's college savings or our 401k to pay for our second vacation, or should we get a home equity loan?"
     t. average Dave Ramsey caller
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     Ricky "Bender" LaFluer :nv: (evil_bender@nicecrew.digital)'s status on Tuesday, 01-Apr-2025 22:32:47 JST Ricky "Bender" LaFluer :nv:

     in reply to

     • BowserNoodle ☦️
     Dave Ramsey has great advice if you already have $250k in liquid assets and some real estate. for everyone else you may as well just go bankrupt.
     BowserNoodle ☦️ likes this.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Tuesday, 01-Apr-2025 22:39:14 JST BowserNoodle ☦️

     in reply to

     • Bloodytailspike
     @monsterislandcolonizer @PNS Trouble is they don't realize the advice isn't for him, so they sabotage themselves. I knew a guy who is a self-made sweat equity real estate investor. He wasn't a slum lord and just bought up properties near a university that were in terrible shape and worked on them nonstop to make them good and cheap for students. He refused to ever leverage (use any lending for this) even though he had 15-20% cap rates and could've upped his cash flow dramatically.
     >“Dave Ramsey said not to take out unnecessary debt and...idk"
     He couldn't grasp that Dave was talking to people who haven't built up a side business that earns more than their primary job and are financially illiterate despite decent incomes.
   • Embed this notice
     Bloodytailspike (monsterislandcolonizer@poa.st)'s status on Tuesday, 01-Apr-2025 22:39:15 JST Bloodytailspike

     in reply to

     • BowserNoodle ☦️
     @BowsacNoodle @PNS And that's why people say he gives bad advice.
     It's bad advice if youre already financially secure but financially secure people aren't who his advice is for 😂