The Ramsey Show Highlights 10 Stupid Things You’ve Been Told About Money
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Jan 12, 2026 Dive into financial truths as the host debunks common money myths! Discover why credit card points can lead you into debt traps. Learn that car payments aren't mandatory and how budgeting aligns with wealth-building goals. Find out how small, consistent investments can grow into substantial savings. Explore the realities of starting a business versus passive income. Finally, hear inspiring stories of overcoming debt and the value of mindset in seizing financial opportunities.
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Check Fear Against Facts
- Dave Ramsey warns that fear-driven headlines exaggerate economic pain and mislead people.
- He urges checking your trauma and drama against actual facts about inflation and rates.
Historical Perspective Matters
- Ramsey compares current inflation and mortgage rates to past decades to provide perspective.
- He highlights that rates and inflation are lower now than in many prior years, reducing panic.
Verify Affordability With Your Math
- Use simple math instead of panic: compare median income to average expenses to assess affordability.
- Don't accept claims of universal unaffordability without checking your household numbers.