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Day 120

September 24th, 2018 at 09:37 am

Winter is having a last little kick so I stayed home and binge watched Dave Ramsey on Youtube. I recommend the debt free screams for anyone who's trying to pay off loans. They made me all tingly and I've been debt free for 15 years. I'm not so impressed by the ones who pay off a huge amount on a big income, but every so often you get a single mom on a low income who's paid off her house.

One thing bugs me, when Dave tells people they should fix their mortgage interest rate, where are you going to find a lender stupid enough to fix for 15 years at these low rates? In this country you can only get 3 years fixed, at a higher rate, and there are heavy penalties for paying it off early.

2 Responses to “Day 120”

  1. rob62521 Says:

    Just remember that not everything Dave Ramsey, Suze Orman, or Gail Vax-Oxely say works for everyone.

  2. LuckyRobin Says:

    We have fixed rates in America for 15 and even 30 years. His advice isn't as geared to other countries, although many of the concepts translate. Use what you can.

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