Dave Ramsey says: Honor your mother, get out of debt

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  • tannernd WEST JORDAN, UT
    July 1, 2013 12:28 p.m.

    I cut up my credit cards two and a half years ago and have been working very hard towards debt freedom (just need to kick Sallie Mae to the curb). Since I started this journey I have had an increase in opportunities. The only "opportunity" I have lost by cutting up my credit cards is the "opportunity" to acquire more debt and frankly, that is an opportunity I do not want. If anyone tells you there are things you can't do, like rent a car (call Avis, they happily rent me cars with a debit card), get good insurance rates (trust me, mine are as low as they come), and so forth without a credit card, I am sorry, but they are wrong.

    The only way to know if life is good without credit cards or debt is to live that way. Put the principles Dave is teaching to the test and if you are debt free, have no credit cards, and you find that life is terrible, then luckily for you there are hundreds of companies out there who will happily put you back into debt.

  • george of the jungle goshen, UT
    July 1, 2013 9:55 a.m.

    I think Dave is a good guy. Although I don't think he can relate to the very poor. It's good to be debt free, I'd like to be. and currently motivated to be. But I'm going to keep worrying about my fiasco score. Just to keep my insurance costs low and to have a chance for opportunity's. So I'll keep my credit cards active.