I’m sure the taxpayers of TX are happy that their money is going to legal defense in lawsuits that end up overturning unconstitutional laws that passed by some of the same people that get paid to defend (and lose) in the courts.
When attorneys for the state write laws that are found unconstitutional they should have their pay revoked.
Yea I mean, I don’t want to entirely shit on everything Ramsey says, it’s just incredibly rudimentary. Great for people starting out… but if his listeners continue to listen to him forever they are doing themselves a disservice.
You clearly listen to too much Ramsey. No credit is a credit score of 0. Bad credit is 580. It is going to take time to repair either one but if you’re running a race, do you want to start at 0, or 2/3 of the way to the finish line?
Even if rates are 10%, ownership is better than paying a landlord rent. Equity, equity, equity… High interest rates are when you upgrade or purchase more property to build wealth. Just ride it out and refinance when the rates come down.
Having a high credit score makes everything easier. A high credit score is also something required for certain jobs. Ramsey comes up with “workarounds” for when his advice about not having credit doesn’t work out.
Consider downloading some kind of checkbook ledger app. Anytime you get paid, re-balance it and make sure it's correct. Then, use it for EVERY purchase that isn't cash. Once you get into the habit of not needing to re-balance it, switch 100% of your purchases to credit card, and keep the habit up. When it comes time to pay your credit card bill, you will have the cash you need to pay it off, and you will also be building credit which will give you more purchasing power down the road.
A lot of the stuff Ramsey says is good for Ramsey; not anyone else, and certainly not the public. I 100% agree with him that (most) debt is bad, but having no credit is worse than bad credit. If you want a strain on the system (what we have now), you deny credit to people that aren't credit worthy (*people without credit) so that they cannot afford to purchase homes. A mortgage is debt, but it's not "bad-debt."
I use a credit card for everything, especially large purchases that don't charge an additional transaction fee to use the card. I also pay it off each month. I get 3-5% back when I use it. It would be quite stupid/lazy not to take free money, while also keeping my credit score at 847 (last I checked).
Are you using kbin on mobile? I'm thinking maybe you're not able to see the side bar. I'll copy and paste the section regarding lables over here so you can take a look:
_Titles - Submission titles must match the source title except for the use of all capital letters. All caps titles are not permitted. Titles must include a label indicating News, Opinion/Editorial (pick the appropriate one), Analysis, or Discussion.
Glossary of terms: Editorials have author bylines that denote a collection of people within a news organization, such as candidate endorsements from a newspaper’s staff. Opinions have author bylines from a single (maybe two) writer(s). Analysis is when an author starts with factually verified current events and reports then explains deeper significance or motivation, predicts future outcomes, or makes a policy recommendation based on the starting data._
I’m all for it. Put them all in the same neighborhood. Makes every other neighborhood in the area nicer by default, and easier for everyone to know which neighborhood not to spend money in.
