The Truth About Debt Vs. Cash!
The Truth About Debt Vs. Cash!
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The speaker notes that we are often taught to be afraid of debt, and that Dave Ramsey has built a successful career by emphasizing this fear. Ramsey argues that cash is king and debt is bad, as cash loses value over time due to inflation. In contrast, assets tend to increase in value over time. Therefore, Ramsey encourages people to avoid debt and focus on building assets.
The speaker notes that we are often taught to be afraid of debt, and that Dave Ramsey has built a su