In this episode, we're looking at Dave Ramsey and his Baby Steps.
He touts them as a way to create wealth but as we see, they can really slow down your wealth-building.
I share...
- A deep dive into Dave Ramsey's 7 Baby Steps system to eliminate debt and create wealth
- The difference between good debt and bad debt
- How Warren Buffett used good debt - a mortgage on his 2nd home - to make $750 million
- Why I have no plans to pull money out of my investments making 104% (!) to pay off my 3.5% mortgage
- How to double your retirement portfolio by ignoring Dave's advice