Comments on: David Ramsey Hypocrite - David Ramsey hypocrisy? (a thorough investigation)

By: Belle

Belle — Thu, 08 May 2008 23:48:11 +0000

All businesses who accept Visa/MC pay a merchants fee.
That merchants fee is passed down to consumers in the prices they charge .
If Ramsey hates Visa/MC so much why not only accept echecks or regular checks and do away with the merchants fee.

He rails against Visa and MC yet is paying them every month to accept debit card purchases. Why not just accept echecks and regular checks?
That’s a rhetorical question! The bottom line for Ramsey is making money. Nothing wrong with that !

I personally don’t give a rats behind if Ramsey filed BK, but it is not the trauma he makes it out to be.
Do a search on famous people who have filed bankruptcy.
Here are some:

Abe Lincoln, Henry Ford, Milton Hershey, Walt Disney, The man who wrote Rich Dad, Poor Dad, Rembrandt, The founder of Cornell University, John Connely. O, and Dave Ramsey!

All of these people needed a fresh start at some point in thier life. They went on to lead productive lives.
So do many others who are not famous !
Anyone who is being held hostage with loan shark fees and outrageous penalty fees should seriously consider filing bankruptcy if they cannot pay a balance in a timely manner. It’s common sense not to throw good money after bad !

By: Mrs. Micah

Mrs. Micah — Sat, 03 May 2008 13:35:01 +0000

Anonymous, actually you “should” do what motivates you to get your snowball done. As a math geek, higher interest motivates me. As a person who doesn’t care much about math, lower balance motivates you.

(if your interest is actually 100% you should probably pay off that sucker. )

Decent analysis I think, Jesse.

The whole credit/debit card thing…I’m guessing that he just thinks it impractical to make people technologically regress about 10 years just to get his book. If you pay by check, you can’t get the book as fast and it might kill your motivation.

By: Jesse

Jesse — Fri, 02 May 2008 22:33:09 +0000

Josh, I find it somewhat hard to believe the guy would dedicate his life to it if he didn’t believe in it. He didn’t start off making a ton of money off of it. I don’t make much off this blog but Im passionate about it.

By: Josh

Josh — Fri, 02 May 2008 21:19:03 +0000

Another one of his mindless lemmings above me. The guy is all show, his entire system is a good idea that he had that he has turned into a massive empire. He doesn’t really give a crap if you use a credit card or not….as long as he keeps making $$$

By: Anonymous

Anonymous — Fri, 02 May 2008 20:38:05 +0000

How can you even consider this topic, he is a great man who has helped a ton of people. You should always pay off smallest debts first, it doesnt matter if the higher debt is at 100% interest and the small is at 0%. Thats how you build your snowball.