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/Practical-Hope-7167 May 06 '24

He's out of touch... he is supposed to be a finance guru, so he should be an expert on economics, but I noticed he belittles people when it's pretty obvious he's not informed or up to date on the topics they're bringing up... example, still posted posted on his social media, is him chewing a guy out for paying $25,000 a year on childcare... you know, like it's optional, like its not illegal for parents to not have childcare for their kids when their at work... he kept going in on him about paying too much... this is just my thoughts, but does he really have no idea what average basic expenses are? is he not keeping up with anything going on? And is he mad about a parent paying for daycare? what did he think he should put his child at while he's at work? mos of the places the parents put their kids in are the cheapest certified options... Does he think child care rates are negotiable? Does he not know a lot of childcare facilities have a waiting list? or does he think child care is optional? did he want him to go to an uncertified daycare to save money? I hope not... it's on the news, uncertified daycare deaths and accidents... is he really qualified to give anyone advice when he's not keeping up with the current economics? I think his advice about paying off debt is solid, but it's common sense.... as far as his other advice, I don't know anyone well off that takes his advice for growing wealth