I’m a Dave Ramsey Fan Boy
Thanks for the A2A.
First of all, I suggest you read my answers from previous questions on debt and Dave Ramsey,, , , , , and .
You can now see that it’s no secret that I am a Dave Ramsey fan boy so forgive me if I sound a little biased. However, I did listen to the Suze Orman show a few times. And I can safely say that their message is basically the same with a few minor differences.
For example, Dave Ramsey wants you to save between 3 and 6 months of expenses as an emergency fund. Whereas Suze Orman suggests saving 8 months’ worth of expenses. As for me, I’m aiming for 12 months.
Who cares? As long as you have the emergency fund and that you understand why an emergency fund is required.
Most of all, don’t procrastinate on the minor details. Read them both. They both have their strengths and weaknesses. Pick whoever makes you prefer. For me, it was Dave. I’ve been listening to his podcasts for years now and his message fundamentally hasn’t changed from day one. Don’t borrow money, live below your means, have an emergency fund, work hard etc. Dave Ramsey often said thatis essential to wealth.
Most people fail in life because they major in minor things. – Tony Robbins
Some might say his investment advice is inadequate. I completely disagree. The so-called experts say because his approach is unsexy and boring. If your life resembles anything like mine, then I know you don’t have eight hours a day to study financial markets and various funds.
Therefore brevity is a blessing.
You can read more about Dave Ramsey’s Investment philosophy.
I love that his approach is considered unsophisticated, it makes my life so much easier. I just save and invest.
The Choice is Simple
Consequently, just pick one, it doesn’t really matter who. Both offer good advice.
I hope this helps!
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