Dave Ramsey Review

Doing a budget does not

• Show if you are overspending in an area

• make overspending more likely

• remove guiltand shame sometimes associated with a purchase

• make your money go further

The number-one cause of divorce in North America today is stress and disagreement over money.

• True

• False

Budgeting is crucial to your financial success.

• True

• False

Which of the following is something that a typical millionaire would do?

• Spend less money than he or she makes

• lease a new car

• replace things that are not broken

• carry debt

Budgeting is crucial to your financial success.

• True

• False

It is okay to use a credit card if you pay it off every month (according to Dave)

• true
• false

True or False: Budgeting is extra work that does not benefit you and makes no difference in your life.

• True

• False

Prior to the 1970’s, debt was something most Americans were ashamed of.

• True

• False

Credit cards and car loans are a GREAT idea for most people.

• True

• False

A lot of people you think “look” wealthy are completely broke.

• True

• False