ByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 24 days agoAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netexternal-linkmessage-square207fedilinkarrow-up1648arrow-down143
arrow-up1605arrow-down1external-linkAs a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone 🙃slrpnk.netByteOnBikes@slrpnk.net to Fuck Cars@lemmy.worldEnglish · 24 days agomessage-square207fedilink
minus-squarecapital@lemmy.worldlinkfedilinkEnglisharrow-up9·23 days agoNo he doesn’t. I can give better advice in a similarly easy to consume manner, applicable to most. Invest in a low cost target date fund. Look at Vanguard target date funds for examples and pick a year close to your expected retirement date. Pay your highest interest debt before lower. Both of these pieces of advice make you more money than doing what Ramsay says and are equally easy to understand.
minus-squareFrozengyro@lemmy.worldlinkfedilinkEnglisharrow-up5arrow-down2·edit-223 days agoYes, but do people do it? No. Do people actually do what Ramsey suggests, even if it isn’t mathematically perfect? Yes. You’re under estimating the human factor.
No he doesn’t.
I can give better advice in a similarly easy to consume manner, applicable to most.
Invest in a low cost target date fund. Look at Vanguard target date funds for examples and pick a year close to your expected retirement date.
Pay your highest interest debt before lower.
Both of these pieces of advice make you more money than doing what Ramsay says and are equally easy to understand.
Yes, but do people do it? No.
Do people actually do what Ramsey suggests, even if it isn’t mathematically perfect? Yes.
You’re under estimating the human factor.