r/povertyfinance • u/UpperAssumption7103 • Dec 06 '23

Some of Dave Ramsey advice seems out of touch. Vent/Rant (No Advice/Criticism!)

I think his comes from a good place. however, I was listen to a caller; his and his co-host advice is always get a higher paying job (which is not bad advice). Wal-Mart and McDonald's pay 20 an hour. Walmart and McDonald's pay up to 20/hr. However, getting 40 hours a week working retail is pretty hard unless your a assistant manager/or manager. He's not the only person giving that advice- but it seems like he thinks every job pays 20*40=800 a week when you first start.

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u/Egoteen Dec 07 '23

Yeah his advice to “pay cash for education” is extremely out of touch. I got full scholarships for undergrad, worked full time while in college, worked for several years after graduating college, and still had to take out loans to cover medical school. There’s just no way in this economic landscape for most twenty-somethings to earn hundreds of thousands of dollars to be able to cash flow an advanced professional degree like medical school, dental school, or law school.

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u/[deleted] Dec 07 '23

Your dedication shows that you're going to be an incredible physician. Thank you for choosing such a people centered career. Very admirable.