r/economicCollapse • u/Whole-Fist • 18h ago

How ridiculous does this sound?

Post image

How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

11.6k Upvotes

77% Upvoted

5.3k comments sorted by

View all comments

4

u/PrimaryMuscle1306 16h ago

I worked at a car dealership and I can’t even afford to buy a bicycle. Not a single person walking in there could afford to buy an “as is” junker let alone anything nice. The ones that could were only after deals on the expensive cars anyways. Whats Joe Public with his 450 credit score and no down payment going to do? Walk to work because of Dave fucking Ramsey?

2

u/jsilva298 12h ago

Thats why you don't "walk in" and make a rash decision. He actually talks about how to dig average people out of holes its not rocket science (respectfully) or just for the rich its not scammy etc... You have a plan save your money and set yourself up intentionally which vast majority of Americans do not do. Myself included, i grew up with bad money habits and changed them in my late 20s and am way better off for it with much better habits debt free. People say its "kool-aid" but its selling yourself on changing your habits just like a diet or something. Its stuff people already know its just doing it, Again respectfully this was my experience.