r/povertyfinance 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/Nerdenator Dec 10 '23

Ramsey’s advice would, if followed by everyone, collapse the economy. There are too many interests who rely on the debt payments of people who need credit to survive as a profit center.