This from All Access:

-------------------400th Affiliate For Dave Ramsey--------------------

The syndicated DAVE RAMSEY show reaches the 400 affiliate mark with the addition of CURTIS MEDIA Talk WPTF-A/RALEIGH and Talk WSJS-A-WSML-A/WINSTON-SALEM-GREENSBORO-HIGH POINT.

"WPTF and WSJS are great additions to 'THE DAVE RAMSEY SHOW' roster," said EVP BILL HAMPTON. "It wasn’t very long ago that 400 affiliates seemed a long way off. I’m happy for DAVE and really proud of how hard our team has worked for this milestone."

Dave Ramsey can be heard locally, weeknights on 1190 KEX.

No thanks. Dave Ramsey's financial advice is bad most of the time. He's a Suze Orman wannabe.

If Dave was giving out bad advice you wouldn't hear people yell on his show all the time "I'M DEBT FREE!!!!!"

And I'm one of them...no house payment..able to payoff my credit card fully each month and no other charge cards...all this even before listening to Dave. To me very simple...just live within your means.

I only listen to the Dave Ramsey show occasionally, so I haven't been able to thoroughly evaluate the quality of his advice. The impression that I have gotten of Ramsey is that he steers people in a direction of (non-neo) conservatism with respect to their spending habits. He discourages them from spending money that they don't have (with some reasonable exceptions, such as home purchases), he encourages the re-paying of debts, and he discourages people from getting into investments that they don't understand. Are my observations accurate? What makes Ramsey's advice good or bad?

Suze Orman dreams of being Dave Ramsey. His course Financial Peace University was life changing for my wife and family.We took his course 1 year ago and when all is said and done we will have paid off 40K in a year and a half. He absolutely teaches basic stuff but, how many people ever learned it from their parents and/or use the basics without encouragement. I don't know specifically what "Bad Advice" your talking about Vitalogy but, I have never heard any. He never tells you specifically invest in company X or company Y. He is a bit abrasive at times but it's hard to argue with his track record and results.

Suze Orman has been around much longer than Dave Ramsey, and in my opinion has better advice and is more respectable (although I disagree with her sometimes too). Dave Ramsey comes off as an arrogant dick.

Dave Ramsey is guilty of making broad generalizations about saving and investing and giving a one size fits all brand of advice. I see him as nothing more than another Billy Mays trying to sell a product that shouldn't cost a dime.

Living within your means is not rocket science. It's simply a matter of making sure that you make more money than you spend.

I've heard him suggest to people to pay off a 5% mortgage rather than put that money into a Roth IRA. Bad advice!

I've heard him advocate to pay for everything in cash. Bad advice! A business doesn't grow from paying for everything in cash, and neither does your net worth.

I've heard him poo poo tax free muni bonds. Bad advice!

I've heard him advise someone to forgo their company's 401K contribution in order to pay off other debt. Bad advice!

I've heard him advocate his debt repayment plan by paying off small accounts first and then moving on to bigger accounts, disregarding the interest rate that is being paid. Bad advice!

I usually hear plenty of disclaimer on these shows that the advice is general, may not be appropriate for everyone, and if someone needs additional information they should contact a financial professional.

My personal piece of advice, which is practical almost only if someone lives in Portland... if one really wants to save money, learn to schedule your life around TriMet schedules. I will concur with the findings of the American Public Transportation Association on the dollar amount for Portland. If one really lives car-free (not just giving up on driving, but no car at all), that translates into savings in the form of all the gas, maintenance, and insurance. And if you're really serious, you can switch from a drivers' license to an ID-card only (less money spent at the DMV every few years)!

Boy, Vitalogy, you must listen to him a lot if you have heard all that. I occasionally hear him and haven't heard any of what you describe. Granted, when I say occasionally, it is for short times maybe once a month, if that.
If you don't like someone, don't listen.

"Living within your means is not rocket science. It's simply a matter of making sure that you make more money than you spend."
You are correct. It is not rocket science. However, it should be stated as "Don't spend more than you make". That is usually easier than making sure you make more than you spend.

Anyone ever compare Ramsey's investmentreccommendations to Rick Edelman's and/or to Bob Brinker's???which is best??

Let's put it this way, he could be class action sued out of business for his advice in September as to 401k's.

He was telling his listeners to stay in the market, it was a buying oppurtunity and you would be getting more shares since the prices were now lower. Following his advice you just lost 40% of your 401k in the 4th quarter.

The great thing is I sent in an email from his website, back in September, saying he had to state he wasn't a registered consultant and his advice was his own opinion. (Oh and I kept a copy of the email.)

I can't sue him, as I transferred all of my 401k to the Money Market option two days before the crash, because I knew what was going to happen (but not as bad as it has gotten.)

So if you know anybody who took his advice do I hear the words class action?

>>because I knew what was going to happen
>>I transferred all of my 401k to the Money Market option two days before the crash,

boy, write a book about it and make some real money!

>>do I hear the words class action

along with certain hosts on CNBC or FoxBusinessNews?

all of my 401k to the Money Market option

Boy I wish that was an option. Not offerred in my wife's plan. Every option she has ha at least 50 percent allocated to stocks. no pure bond fund, and NO MM option at all. Aggressive mix, moderate mix, conservative mix, emerging market, all stock indexed. other two options she has are the bond fund which is a 50 50 mix stocks and bonds and a 60 40 mix......... not real good with her 2 1/2 years out from retirement......

guess we ride the train....

PS shop often at TARGET!!!!

I would have dumped completely out of the stocks in the 4th quarter 2007 if that had been an option.

Jimbo, I catch his show quite a bit on the Fox Business Channel when I'm flipping channels. I have an interest in personal finance and like to watch both his show and Suze's just to see how they respond to the callers and compare it to how I might respond.

"Suze Orman has been around much longer than Dave Ramsey, and in my opinion has better advice and is more respectable "

I have no dog in this argument/fight. However, I just got banners from MSN news that it is reported that Suze Orman's advice just doesn't add up.

It starts off by stating:"How a bottle-blond former waitress and self-described "55-year-old virgin" with a taste for the good life became the financial messiah for millions of Americans might be a fun Lifetime original movie."
Also says: "The personal finance guru favors super-simple mantras -- even when they're wrong -- and psychological explanations for all your money problems. Maybe it's time to stop trusting her."

Like I said, I have no view one way or the other.

http://articles.moneycentral.msn.com/RetirementandWills/CreateaPlan/stop-listeni ng-to-suze-orman.aspx

I saw that article too. Just another person's opinion, and that person happens to be a competitor to Suze Orman. James Scurlock, author of that hit piece, also happens to be in the business of making money by selling books and movies relating to personal finance.

In the business world, one of the ten commandments is "thou shall not badmouth thy competitor".

"In the business world, one of the ten commandments is "thou shall not badmouth thy competitor"."

Too bad it is not practiced here.