The Comprehensive Case Against “The Dave Ramsey Way Is The Only Way”

A Complete Guide to Critical Thinking About One-Size-Fits-All Debt Advice PART 1: WHAT WE’RE ACTUALLY CRITIQUING The Core Claims of the Ramsey Method Dave Ramsey’s “Baby Steps” system claims to be the definitive path out of debt: The Baby Steps: The Core Dogma: The Revenue Model: Total annual revenue: Estimated $200+ million Key observation: His …

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Credit Scores Rise Dramatically After Filing Bankruptcy

The Federal Reserve Bank of Philadelphia did some research into the recovery of credit and credit scores following filing Chater 7 or Chapter 13 bankruptcy. As with most empirical research into bankruptcy, the truth of filing is so much different than the actual process. A favorite myth about bankruptcy is you can’t get credit again …

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