Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Should I Co-Sign For My Son's Apartment While He's in College?

2»

Comments

  • creepycoug
    creepycoug Member Posts: 24,411

    ntxduck said:

    Get your kid a credit card when they’re 16 that only you use sparingly to build credit and this isn’t an issue. But Dave Ramsey doesn’t actually know how to play the game and thinks credit cards are evil.
    Dave Ramsey is worth hundreds of millions of dollars, but hopefully one day he'll learn how to play the game.
    Dave plays two games: one real and one for other people.

    The real game is the one he plays for himself. The other one is for his target audience. I think his fundamental advice is pretty good for the average person. It's a little limited and conservative for others. You have to remember who he's talking to.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,691

    ntxduck said:

    Get your kid a credit card when they’re 16 that only you use sparingly to build credit and this isn’t an issue. But Dave Ramsey doesn’t actually know how to play the game and thinks credit cards are evil.
    Dave Ramsey is worth hundreds of millions of dollars, but hopefully one day he'll learn how to play the game.
    Dudes a straight up grifter and like a weirdo cult leader.
  • jecornel
    jecornel Member Posts: 9,737
    Don’t send your kid to college.
  • Baseman
    Baseman Member Posts: 12,382
    I don't take financial advice from someone who couldn't Stop the Steal
  • HuskyJW
    HuskyJW Member, Swaye's Wigwam Posts: 15,490 Founders Club
    ntxduck said:

    Get your kid a credit card when they’re 16 that only you use sparingly to build credit and this isn’t an issue. But Dave Ramsey doesn’t actually know how to play the game and thinks credit cards are evil.
    You also need to have $1 million in the bank before you can go out to dinner
  • Pitchfork51
    Pitchfork51 Member Posts: 27,691
    Just build that shit. You can get to 700 in a year with the right moves. Then get a chase Sapphire and call in for bigger limits every 6 months on cards. Then get an amex gold.

    At this point you are like 740 or better and within another year you have best interest rates on everything no exceptions.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,131 Founders Club

    ntxduck said:

    ntxduck said:

    Get your kid a credit card when they’re 16 that only you use sparingly to build credit and this isn’t an issue. But Dave Ramsey doesn’t actually know how to play the game and thinks credit cards are evil.
    Dave Ramsey is worth hundreds of millions of dollars, but hopefully one day he'll learn how to play the game.
    Lots of people out there who are irresponsible and clueless financially. Good on him for finding his niche market and milking them for their hard earned cash. Doesn’t make his advice good if you’re somewhat financially competent.
    I never click these pods but I've heard a minute or two on radio

    I think his audience is the economic illiterates who are legion

    And they get fucked on credit

    So agree
    Yes and no. I have started and stopped listening so many times. Because I will hear a great call with great discussion and I learn something useful. And then there will be two more calls with people asking how to tie their shoes, and I tune out again. Actually I think if he started a "higher discussion" show that would get a huge audience.
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,131 Founders Club
    Baseman said:

    I don't take financial advice from someone who couldn't Stop the Steal

    He didn't try to stop the steal.
  • MikeDamone
    MikeDamone Member Posts: 37,781

    I lived in mom's basement

    Which mom?
  • MikeDamone
    MikeDamone Member Posts: 37,781

    ntxduck said:

    Get your kid a credit card when they’re 16 that only you use sparingly to build credit and this isn’t an issue. But Dave Ramsey doesn’t actually know how to play the game and thinks credit cards are evil.
    Dave Ramsey is worth hundreds of millions of dollars, but hopefully one day he'll learn how to play the game.
    He’s now an insurance salesman.