Dave Ramsey says to cut up your credit cards. But should you?

Financial icon Dave Ramsey is famous for telling people to cut up their credit cards and close the accounts. Today I’m answering the question all of Dave’s listeners have asked themselves at one point or another: Should I cut up my credit cards? I dive deep to look at the reasons why Dave Ramsey hates credit cards so much, take a look at the other side of the coin from other financial experts like Ramit Sethi, and finally give you my thoughts and opinions on whether or not cutting up your credit cards is the right choice.

What’s your stance on credit cards? Let me know in the comments.

******************************

How to Create a Monthly Budget:

How to Use the Cash Envelope System:

******************************

Let’s connect!

Facebook: www.facebook.com/practicalpf

Instagram: www.instagram.com/practicalpf_

The 3 Biggest Investments – Understanding the 3 Biggest Investments You Will Ever Make

All investments have risk. Some investments can be handled without much thought and you may lose or earn a few buck here or there. However, there are 3 investments you are most likely going to make in life, that you do not have any room for error with! Check out this article and become familiar with these investments and start investing like a pro!

Invest In Yourself – The 3 Best Reasons To Invest In Yourself

There is an endless amount of reasons you should invest in yourself and the power of doing this has been proven over and over again through time. Every person in which has created success will express endlessly to anyone the power of investing in yourself. Because it works! Check out this review over the 3 best reasons to invest in yourself starting immediately!

The Role of Foreign Investment in Tourism Development

The decision to invest is one of the most difficult economic decisions and the most dangerous, because it is associated with many factors and variables, which are often difficult to predict their behavior and trends of development. Foreign investment is the vital and effective element to achieve economic and social development, as any initial increase in investment will lead to double and cumulative increases in the interior through the so-called investment multiplier, and an increase in income must go part of it to increase investment through the so-called accelerator. The investment has received great…

Here’s Why the Cryptocurrency Dash Puts Bitcoin to Shame

Bitcoin is just not practical right now. There’s another coin out there emerging as a viable candidate to be the new No. 1 cryptocurrency. It’s called Dash.

How to Vet Your Financial Advisor

The brokerage industry, just like any other industry, has good financial advisors and bad financial advisors. Here are some tools and tips on how to make sure you’re getting a good one.

You May Also Like

Leave a Reply