Dave Ramsey’s Most Controversial Videos!

Dave Ramsey’s Most Controversial Videos!

Bring confidence to your wealth building with simplified strategies from The Money Guy. Learn how to apply financial tactics that go beyond common sense and help you reach your money goals faster. Make your assets do the heavy lifting so you can quit worrying and start living a more fulfilled life.

[MetallicaRules]

The three guarantees in life:
1. Death
2. Taxes
3. Bo being so excited about the day’s episode

[spyridon]

Dave is great for people who are terrible with money, and terrible for people who are good with money

[CalebHammer]

Situation to situation, never one-size-fits-all!

[adamcoleman]

It absolutely boggles my mind that Dave never considers Sequence-of-Return Risk. Telling people that they can safely withdraw 8% is utterly insane and very dangerous.

[ezekielschloss]

I just want to point out how classy it was for the Money Guy Team to find a video that had the same advice as the recent 8% withdrawal viral moment without sensationalizing it.

[ryanw]

Great show fellas. I’ve followed the Ramsey plan to get out of debt but once I was completely debt free I pivoted to the Money Guys school of thought. Thanks for the balanced approach.

[rudyfonseca]

Dave was my starting point in personal finance at 18 and the reason I paid my way through college debt free and remain debt free at 28. The Money Guy Show is for those who have thrown off their training wheels and are indeed, financial mutants. Both have a place in the PF world and do great good for society.

[casualnerdjason]

I’m glad that I found Dave when I was younger. It helped me avoid some big pitfalls when I was in my 20s. But damn… he gets so cynical and is so close-minded. When Dave jumps down people’s throats because they have a different understanding or have an idea, that strays from his “gospel, ” it just becomes such an unnecessarily negative exchange.

Thanks Money Guy(s) for bringing a more positive, constructive angle!

[nailatiylluf]

This is why I love you guys. Absolutely the best advice out there. Dave has two problems. 1. He has a one size fits all approach. 2. He makes money by funneling people to his businesses.
It’s dangerous to give 50 year olds the same advice as 22 year olds and he does it all the time.
The reason he has to defend mutual funds over the S&P is because his financial advisors won’t make any money if you just buy VOO on your own. Hes entertaining but not sound financially.

[derekraw]

You guys are too nice, it's totally valid to hate on Dave well deserved in many cases.

[nightbotmike]

4:26 I could not agree more. The more episodes of the Ramsey show I watch, the more I realize how quickly Dave jumps to an answer instead of digging for more information. Everyone's situation is different, yet Dave treats all of them in the same way. Where's the nuance? Where's the value that Dave is bringing to the table? All he does is give them a cookie cutter answer to a very complicated question.

[mrjuvy]

It all comes down to Ramsey is like high school, and you guys are teaching us at the graduate school level --Thanks!

[robertmillikan]

His 8% withdrawal advice for retirement is imo dangerous and negligent. Even his daughter tried to reign Dave in and Dave wouldn't have it

[MichaelSmith-fjdi]

I hope one of them is that you shouldn't take an employer match while in debt. I vehemitely disagree with that one. I refuse to pass up a risk free 50-100% rate of return.

[MindEracer]

Perfect timing for this show...8% withdrawal rate is absolutely dangerous advice.

[StealthWealth]

Great show! I always say Dave is great for getting out of debt. Once out of debt follow the FOO and Ramit's principals to live a rich life today and tomorrow 😊

[LegacyAirTech]

Dave’s advice is absolutely amazing for people who are bad with money and dont understand how things work. It fixes any current problems they have before getting worse, brings them back to stable ground and prevents them from getting into more trouble.

However, if you are good with money and looking to optimize/make your plan more efficient, Dave is not the person to help you do that. His priority is helping people fix mistakes they made and providing them with a stable plan, not optimizing financial decisions.

[BenFranklin]

Will one of these be his 8% safe withdraw rate?

[cooleobrad]

Loved this one! It's important that bigger creators challenge some of Dave's more... unusual... takes, because he delivers them with such confidence that people less educated in personal finance often take his word as the gospel truth without thinking twice. Brian and Bo handled these topics with great tact and diplomacy!

[jonathanzimmer]

Yup, this is my favorite video from y'all so far.

I subscribe to both schools of thought. I think Ramsey is superior for people who are bad with money. They need those strict guide rails for their path of success. And I think y'all are superior for the financial mutants trying to min/max their resources within reason.

Seeing a comparison video between these schools of thought is awesome, and super valuable to me. Would love to see more of this type of content!