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RE: Why I don't believe Dave Ramsey is good for the unconstrained
If you manage the liabilities of money as a business would (per your real estate investing business), then you are no different to any other business. Very few businesses I know of funded their own inventory or their own capital equipment. Most use borrowed funds for this, but since there is a concept of leverage and they are trading on the cashflow, it works. When people think that their personal finances can be managed the same way, but have no business acumen, things go wrong.
Yeah, I can agree with that. I supposed I was lucky I had an interest in finance at a young age and understood both sides of the fence.