‘I’d rather be caffeinated than depressed with $6’: Young Americans are rejecting Dave Ramsey’s financial advice — here’s why they say they’re ‘not willing to do anything to get out of debt’
Dave Ramsey has fervently preached financial advice to Americans for decades — but younger generations are now slamming the white-bearded radio host for offering counsel that doesn’t quite account for the current cost-of-living crisis.
One frothy example is Ramsey’s vociferous renunciation of the daily cuppa Joe. In a 2021 blog post, he claims your coffee habit could be costing you $766 a year, and suggests folks should put those funds toward paying their your student debt, their investments or even a plane ticket.
https://finance.yahoo.com/news/d-rather-caffeinated-depressed-6-110100987.html