I’ve seen clip of that financial advice show “The Ramsey show” on YouTube and the things that old man say are shocking to me. According to him I shouldn’t give a single cent to my parents… That’s so against my culture. I would be seen as downright evil if I do that.
Hell I’m unemployed for like a year by now and still sent 200 euro a few months ago to my father that still lives in my home country that I haven’t seen in 17 years.
Are you really Americans like that? Don’t get me wrong, I don’t see it as cold hearted but I see it as unnatural, and I’M a “socialess” cold person in essence.
The best analysis I have to Dave Ramsey’s advice to debt is like talking to an alcoholic about alcohol. If you have known issues dealing with debt, especially credit card debt, his advice will probably prevent some serious harm. However, for someone starting to deal with finances, it may not be the best advice.