I don't want to be WORSHIPPED...but I never went BK on $1,000,000's
GOING 100% CASH IS A VERY EXPENSIVE WAY TO GO
NO FLOAT TIME
NO REWARDS
NO LOSS PREVENTION
NO CHARGEBACK RIGHTS
NO WAY TO TRACK EVERY SINGLE PURCHASE
Full Version: Four factors to weigh before going all cash
QUOTE (Rorer_714 @ Sep 4 2009, 12:44 PM) 
QUOTE (hegemony @ Sep 4 2009, 01:59 PM)
QUOTE (Rorer_714 @ Sep 3 2009, 12:09 AM)
QUOTE (hegemony @ Sep 2 2009, 01:07 PM)
QUOTE (Rorer_714 @ Aug 31 2009, 10:12 PM)
QUOTE (Daddy @ Aug 31 2009, 08:53 PM)
Thanks for the thread OP. There are no one-size-fits-all solutions. It is good to have knowledge about everything. I like diversity, people using their brains to do what fits them. Some people figure it's their way or the highway.
Thanks again!
Thanks again!
I feel sorry for someone who cannot grasp this simple concept.
DR is intolerant of deviations from his magical plan. I feel sorry for fools who do not realize this yet seem to think they can "combine" DR's snake oil with more sensible financial management strategies.
Your response has nothing to do with DADDY�€™s or my statement. Just out of curiosity what part of this simple concept are you unable to grasp?
1) There are no one-size-fits-all solutions
2) It is good to have knowledge about everything
3) I like diversity, people using their brains to do what fits them
not that you really want an answer...the FOOLS are the people who follow him blindly off the cliff.
I have never call daddy a fool (even when he has attacked me).
and you are hilarious because DR is not at all tolerant of your three points.
1) There are no one-size-fits-all solutions
2) It is good to have knowledge about everything
3) I like diversity, people using their brains to do what fits them
These are three excellent points but they seem to be hard to grasp for some. They work for almost any situation. It had nothing to do with DR. You injected DR into this. Do you wrongly ASSUME AGAIN that I was talking about DR? So what part of the actual statement (not your assumption) do you disagree with and (or) are having a hard time grasping?
you seem to have difficulty reading. you took issue with the use of the term fools. I explained in simple English who these FOOLS are. I also pointed out DR would not allow for the tolerance you seek. Why is that so hard for you to understand? I didn't say your said DR would...I was just pointing out the humor.
QUOTE (hegemony @ Sep 4 2009, 03:25 PM)
you seem to have difficulty reading. you took issue with the use of the term fools.
Are you sure it is me having difficulty reading? One issue is the term "fool". So we have selective reading today? I guess the rest of the post must have been blocked so you could not see it?QUOTE (Rorer_714 @ Sep 4 2009, 01:34 PM)
QUOTE (hegemony @ Sep 4 2009, 03:25 PM)
you seem to have difficulty reading. you took issue with the use of the term fools.
Are you sure it is me having difficulty reading? One issue is the term "fool". So we have selective reading today? I guess the rest of the post must have been blocked so you could not see it?you are so adamant to have an argument with me you don't realize we are agreeing on the issue of diversity!!!!!
http://www.youtube.com/watch?v=teMlv3ripSM
it is friday. go have a beer and get back to me.
QUOTE (hegemony @ Sep 4 2009, 03:36 PM)
it is friday. go have a beer and get back to me.
Actually I will be having a lot more than “a” beer. Meanwhile keep living in your black and white world!!! 
QUOTE (Rorer_714 @ Sep 4 2009, 01:44 PM)
QUOTE (hegemony @ Sep 4 2009, 03:36 PM)
it is friday. go have a beer and get back to me.
Actually I will be having a lot more than “a” beer. Meanwhile keep living in your black and white world!!! my clue bus is gray. reading my posts would inform you of such.
QUOTE (hegemony @ Sep 4 2009, 03:46 PM)
QUOTE (Rorer_714 @ Sep 4 2009, 01:44 PM)
QUOTE (hegemony @ Sep 4 2009, 03:36 PM)
it is friday. go have a beer and get back to me.
Actually I will be having a lot more than “a” beer. Meanwhile keep living in your black and white world!!! my clue bus is gray. reading my posts would inform you of such.
QUOTE (Rorer_714 @ Sep 4 2009, 01:48 PM)
QUOTE (hegemony @ Sep 4 2009, 03:46 PM)
QUOTE (Rorer_714 @ Sep 4 2009, 01:44 PM)
QUOTE (hegemony @ Sep 4 2009, 03:36 PM)
it is friday. go have a beer and get back to me.
Actually I will be having a lot more than “a” beer. Meanwhile keep living in your black and white world!!! my clue bus is gray. reading my posts would inform you of such.
QUOTE (hegemony @ Sep 4 2009, 03:49 PM)
QUOTE (Rorer_714 @ Sep 4 2009, 01:48 PM)
QUOTE (hegemony @ Sep 4 2009, 03:46 PM)
QUOTE (Rorer_714 @ Sep 4 2009, 01:44 PM)
QUOTE (hegemony @ Sep 4 2009, 03:36 PM)
it is friday. go have a beer and get back to me.
Actually I will be having a lot more than “a” beer. Meanwhile keep living in your black and white world!!! my clue bus is gray. reading my posts would inform you of such.
QUOTE (radi8 @ Sep 4 2009, 03:23 PM)
Here's the problem that keeps happening: instead of having a discussion on the actual topic- 4 factors to consider before going all cash, it's once again turned into Senate confirmation hearings on Dave Ramsey.
Any discussion on cash lifestyles, manual (envelope) budgeting, reducing credit usage turns into a Ramsey-hunt that'd make Joe McCarthy proud.
We don't like Ramsey, and some of his stuff is damaging. That doesn't mean every discussion on "cash"topics has to turn into a Ramsey discussion, does it? All that does is keep people from discussing certain topics because they know what's coming.
Any discussion on cash lifestyles, manual (envelope) budgeting, reducing credit usage turns into a Ramsey-hunt that'd make Joe McCarthy proud.
We don't like Ramsey, and some of his stuff is damaging. That doesn't mean every discussion on "cash"topics has to turn into a Ramsey discussion, does it? All that does is keep people from discussing certain topics because they know what's coming.
At least this one was at least partially about Dave.
QUOTE (article)
Financial guru Dave Ramsey gave up credit cards more than 20 years ago. "It simplifies your life," says Ramsey, author of "The Total Money Makeover: A Proven Plan for Financial Fitness," and host of "The Dave Ramsey Show."
The other plus: "No gotcha fees," Ramsey says.
The other plus: "No gotcha fees," Ramsey says.
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
QUOTE (athensgaguy @ Sep 4 2009, 03:50 PM)
QUOTE (article)
Financial guru Dave Ramsey gave up credit cards more than 20 years ago. "It simplifies your life," says Ramsey, author of "The Total Money Makeover: A Proven Plan for Financial Fitness," and host of "The Dave Ramsey Show."
The other plus: "No gotcha fees," Ramsey says.
The other plus: "No gotcha fees," Ramsey says.
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
LOL. it is called the fee you have to pay to access ramsey's subprime message boards!!!
QUOTE (hegemony @ Sep 20 2009, 06:20 PM)
QUOTE (athensgaguy @ Sep 4 2009, 03:50 PM)
QUOTE (article)
Financial guru Dave Ramsey gave up credit cards more than 20 years ago. "It simplifies your life," says Ramsey, author of "The Total Money Makeover: A Proven Plan for Financial Fitness," and host of "The Dave Ramsey Show."
The other plus: "No gotcha fees," Ramsey says.
The other plus: "No gotcha fees," Ramsey says.
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
LOL. it is called the fee you have to pay to access ramsey's subprime message boards!!!
LOL
QUOTE (athensgaguy @ Sep 4 2009, 05:50 PM)
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
That's why it's a "gotcha" fee.
QUOTE (radi8 @ Sep 23 2009, 04:11 AM)
QUOTE (athensgaguy @ Sep 4 2009, 05:50 PM)
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
That's why it's a "gotcha" fee.
I guess I've been fortunate so far
I gave the all cash thing a go for a few weeks and failed miserably. It's just way too inconvenient for me. I'd go to the bank to get some cash and on days when the ATM was down and the lineups for a teller were around the block I said "screw it."
A combination of cash/credit has always worked for me. Cash for small purchases and the odd time I encounter a "cash only" situation.
A combination of cash/credit has always worked for me. Cash for small purchases and the odd time I encounter a "cash only" situation.
QUOTE (athensgaguy @ Sep 23 2009, 11:10 AM)
QUOTE (radi8 @ Sep 23 2009, 04:11 AM)
QUOTE (athensgaguy @ Sep 4 2009, 05:50 PM)
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
That's why it's a "gotcha" fee.
I guess I've been fortunate so far
Have you taken the "Wells Fargo Challenge"?
QUOTE (MikeVQ @ Sep 23 2009, 10:26 AM)
I gave the all cash thing a go for a few weeks and failed miserably. It's just way too inconvenient for me. I'd go to the bank to get some cash and on days when the ATM was down and the lineups for a teller were around the block I said "screw it."
A combination of cash/credit has always worked for me. Cash for small purchases and the odd time I encounter a "cash only" situation.
A combination of cash/credit has always worked for me. Cash for small purchases and the odd time I encounter a "cash only" situation.
GLAD I DON'T HAVE THOSE
QUOTE (radi8 @ Sep 23 2009, 04:08 PM)
QUOTE (athensgaguy @ Sep 23 2009, 11:10 AM)
QUOTE (radi8 @ Sep 23 2009, 04:11 AM)
QUOTE (athensgaguy @ Sep 4 2009, 05:50 PM)
Not sure what a "gotcha fee" is, but I don't see it listed on the fee schedule!
That's why it's a "gotcha" fee.
I guess I've been fortunate so far
Have you taken the "Wells Fargo Challenge"?
Not for a CC. Was incidentally involved with a mortgage, and I have sworn them off.
Well up until the past few months, I've always managed on cash/checks/debit card, no loans or cc's and I've managed just fine, but for my life situation it seemed to work, however others, managing with only cash would not work, especially those with spouses/children and home-owners and/or business owners. So choices of using cash only would depend on the individual and their situation, I don't think either way is good or bad, just what works for the individuals. Thanks for the article
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