Talking about Dave Ramsey
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 18 October 2022
⏱️ 41 minutes
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Summary
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
| 0:07.8 | real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my |
| 0:13.9 | co-host, DeNeil. Let's get right into this episode. Welcome to the Ken McElroy show. I'm your |
| 0:20.1 | host, DeNeal, here with Ken hey guys what's |
| 0:22.9 | going on today so today we're going to be chatting about Dave Ramsey yeah so some people think |
| 0:29.0 | we hate Dave Ramsey some people think we love Dave Ramsey um we really respect Dave Ramsey |
| 0:35.0 | and I actually we think that he has some really great points. |
| 0:37.7 | We just don't agree with everything that he said. |
| 0:40.7 | Also, before we go down this road, I watch his stuff. |
| 0:45.1 | He's got some great content, and he's an educator, but there are definitely some things that he believes that I just completely disagree with him. |
| 0:56.5 | But I do really, I like his approach. |
| 0:59.2 | I like everything about him. |
| 1:00.9 | And, yeah, he's very, very bright. |
| 1:03.2 | Yeah. |
| 1:03.7 | And I also think it depends what you want for yourself, right? |
| 1:06.7 | Like, I think Dave Ramsey's great for the person that's in a bunch of debt or doesn't want to be in a bunch of debt and just wants to live a very traditional nine to five work until you retire, retire with a nice retirement lifestyle. |
| 1:19.4 | And I think if that's what you want, Dave Ramsey is great for that. |
| 1:22.8 | And he really helps people get out of debt and he really helps them take charge with their finances but he's |
| 1:28.4 | never going to make you wealthy or financially free yeah let's put it this way if you're working |
| 1:34.2 | for the man and you're happy with that you're salaried hourly and that's all you aspire to then i agree |
| 1:41.7 | with you then some of his philosophy is good. But we're, I'm trying to get |
| 1:48.1 | people to have passive income for the rest of their lives so that they don't have to work for the |
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