Comments on: Suze Orman or Dave Ramsey? http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/ A financial blog that discusses investing, budgeting, debt reduction, money management and wealth building strategies. Wed, 08 Sep 2010 23:30:28 +0000 hourly 1 By: Mark http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-264 Mark Sun, 28 Dec 2008 20:22:50 +0000 http://buylikebuffett.com/?p=243#comment-264 <a href="#comment-259" rel="nofollow">@suzyjax </a> Good points. @suzyjax
Good points.

]]> By: suzyjax http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-259 suzyjax Sun, 28 Dec 2008 06:07:21 +0000 http://buylikebuffett.com/?p=243#comment-259 They are both good, but for different reasons in different ways. Suze Orman, though, gets props for being tops. Her plan includes finding out why we spend how we do and helps one to address those feelings. Ramsey is about behavior modification but never addresses the "WHY" of the underlying behavior. However, his Total Money Makeover (TMM) is very basic and easy to follow. One can easily follow this to get out of debt. I would recommend it to anyone who is trying to get out of cc debt. Ramsey's examples and methodology seem to be designed for married couples with children. Yet, he mentions tons of college students filing bankruptcy. He seems to not both to address singletons or childless couples. Ramsey also puts too much emphasis on material goods as in "once you finish you can buy xyz and life will be wonderful and cherries on top of sundaes". I think an emphasis on material goods (whether before or after the TMM) is why so many people are in debt in the first place. Again, it goes to Ramsey never addressing the underlying "WHY". They are both good, but for different reasons in different ways.

Suze Orman, though, gets props for being tops. Her plan includes finding out why we spend how we do and helps one to address those feelings.

Ramsey is about behavior modification but never addresses the “WHY” of the underlying behavior. However, his Total Money Makeover (TMM) is very basic and easy to follow. One can easily follow this to get out of debt. I would recommend it to anyone who is trying to get out of cc debt.

Ramsey’s examples and methodology seem to be designed for married couples with children. Yet, he mentions tons of college students filing bankruptcy. He seems to not both to address singletons or childless couples.

Ramsey also puts too much emphasis on material goods as in “once you finish you can buy xyz and life will be wonderful and cherries on top of sundaes”. I think an emphasis on material goods (whether before or after the TMM) is why so many people are in debt in the first place. Again, it goes to Ramsey never addressing the underlying “WHY”.

]]> By: trip http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-53 trip Wed, 03 Dec 2008 04:59:31 +0000 http://buylikebuffett.com/?p=243#comment-53 Both are good. Suze seems to be a bit more comprehensive, while Ramsey is really good about attacking debt. Both are good. Suze seems to be a bit more comprehensive, while Ramsey is really good about attacking debt.

]]> By: Mark http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-52 Mark Tue, 02 Dec 2008 22:14:57 +0000 http://buylikebuffett.com/?p=243#comment-52 <a href="#comment-50" rel="nofollow">@Jason E. Johnson </a> Interesting point. Thanks. @Jason E. Johnson
Interesting point. Thanks.

]]> By: Mark http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-51 Mark Tue, 02 Dec 2008 21:09:33 +0000 http://buylikebuffett.com/?p=243#comment-51 <a href="#comment-49" rel="nofollow">@Judith Stephens </a> Thanks for your input. @Judith Stephens
Thanks for your input.

]]> By: Jason E. Johnson http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-50 Jason E. Johnson Tue, 02 Dec 2008 20:24:18 +0000 http://buylikebuffett.com/?p=243#comment-50 Dave has better advice. It is more personal and it is about living in the real world. Dave's advice is about getting rid of debt and having a good cash flow. Suze is all about having a good credit score. I am not saying her advice is bad, Dave's advice is just better and more practical. Dave has better advice. It is more personal and it is about living in the real world. Dave’s advice is about getting rid of debt and having a good cash flow. Suze is all about having a good credit score. I am not saying her advice is bad, Dave’s advice is just better and more practical.

]]> By: Judith Stephens http://buylikebuffett.com/index.php/2008/12/suze-orman-or-dave-ramsey/comment-page-1/#comment-49 Judith Stephens Tue, 02 Dec 2008 10:02:32 +0000 http://buylikebuffett.com/?p=243#comment-49 I like Suze Orman. I've read her books, listened to her shows, and observed her advice for almost a decade now. She's been consistently accurate. That's as good as it gets. Warmly, Judith I like Suze Orman. I’ve read her books, listened to her shows, and observed her advice for almost a decade now. She’s been consistently accurate.

That’s as good as it gets.

Warmly,
Judith

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