Condemn All Forms Of Debt: Dave Ramsey

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Recommended: Dave Ramsey Personal Finance Chapter 5

Dave Ramsey has a philosophy that when you consider taking on debt you need to weigh the risk in your life. He does not condemn all forms of debt. He actually encourages homeownership. However, he encourages it under the correct circumstances. He reccommends that you are debt free and that you have a heathly savings with several months income on reserve for emergencies. Dave Ramsey seems to desire that his students of finance become fiscally responsible so that they will have more peace in their financial life. I agree with this philosophy.

When I was younger, I had thousands of dollars in credit card debt that I had to overcome. My husband was shocked when he found out before we got married that he was going to be a proud new daddy

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