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 …
In the maze of debt relief options, one wrong turn could cost you nearly half a million dollars in lost retirement savings. Many consumers trust nonprofit credit counseling agencies to help them navigate their debt, but the reality is far more expensive than advertised. Before committing to a Debt Management Plan (DMP) or filing for …
Did you know the average American household carries over $6,000 in credit card debt? (Source) Between credit cards, loans, and mortgages. (Want to know What is Consumer Debt?) Figuring out which debts help and which debts hurt can feel overwhelming. Some debt helps you build wealth, while others are designed to trap you in an …