The Power of Delayed Gratification for Financial Stability

This chapter focuses on the significance of financial discipline for a successful couple, urging them to resist immediate gratification for long-term stability. The speaker highlights the dangers of sudden wealth and consumerism, motivating them to prioritize debt clearance over luxury spending.

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📈⁠⁠⁠ ⁠Are you on track with the Baby Steps? Get a free personalized plan.⁠⁠⁠⁠

Dave Ramsey and Ken Coleman answer your questions and discuss:

"Should we change our financial advisor of 40 years?"
"My parents are using my younger siblings' money to supplement their income"
"Should I go back to school to be an architect?"
"What should I do with my military sign-on bonus?"
"Should we keep saving to pay cash for a house?"
"Should I sell my whole life policy to pay off debt?"
"We're $600k in debt, can we still afford to buy a house?"
"Should I fire the manager of my business?"
"Should I buy a car to qualify for my company's reimbursement program?"
"How do I make a career change at 56 years old?"
"Should my dad take money out of his retirement to fund my sister's kids' 529 plans?"
"I own two bakeries and one is struggling. Should I focus on the successful bakery?"