This is the Ramsey Call of the Day, part of the Ramsey Network.

Joining me today is Ramsey personality, Ken Coleman.

Mikey is with us. Get us out of this, Mikey. He's in Indiana. How can we help?

Hello. How are you? Good. How are you? Pretty good.

I'm a junior at Indiana State and raising a business, and mine entrepreneurship.

Cool. Good for you.

Yeah. I want to start me on business. I'm taking a finance class right now that we're learning in real

estate and how to manage money. But I'm struggling with what my professors teach me as because it goes

against the deputy principals I believe in and learned in finance a peace class in high school.

Like for example, some of the things that he says is that we should use credit cards for everything. Sure. So you get money back and can't run the car, hotel, or

buy airline tickets or the debit card or cash. Yeah. He also said you make a good credit

score in order to buy a house. And if you ask him about Dave Ramsey, he'll tell you Dave Ramsey's

an absolute idiot. Oh, yeah.

That'll come up.

Yeah, that's fine.

Yeah, and then he said we should take our equity in our house by new cars.

He also said that payday lenders and cars are necessary to pay for something.

So here's the thing.

Mikey, Mikey.

Stop.

He's a finance professor.

Okay?

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