“Ramsey says avoid all debt. Kiyosaki says use debt to get rich. Who’s right?”
In this episode, Jaspreet shares his personal experience testing out Dave Ramsey’s 7 Baby Steps—what worked, what didn’t, and how to adapt them for your own goals in 2024.
The key difference between Ramsey and Kiyosaki’s approach to building wealthWhy a $1,000 emergency fund might not cut it anymoreWhich debts you should actually pay off first—and whyWhat Jaspreet did instead of opening a 401(k)Alternatives to college funds that build wealth and flexibility for your kidsWhen it makes sense to pay off your mortgage early—and when it doesn’tHow to follow the baby steps without living a boring financial lifeWhether you want peace of mind or aggressive wealth-building, this breakdown will help you personalize the path—and avoid blindly following advice that doesn’t fit your vision.
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