Money Matters
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Quote

What do you guys think of this quote?

?When broke people start to make fun of your financial plan, you know you are on the right track? ?Dave Ramsey

 

A friend of mine is saving a ton of money each month for a house and another one of his friends spends everything he gets. This guy was telling me how his friend can't understand his financial plan. Then he ended his e-mail with that quote.

 

I understand it. It just seems snobby to me. What do you guys think?

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Re: Quote

  • I kind of agree with it. Yes, it's snobby. But it's true.

    We have 2 sets of friends who think we're crazy when we talk about our E-fund, and they will chuckle and say "what's that?" They also think we're nuts when we talk about paying extra towa

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  • Totally agreed. I'll be laughing all the way to my grave, when the state has to support everyone's broke a$$ in retirement because they don't know how to financially plan for their future. It makes me feel kinda cocky and damn proud to be s
  • It does seem kinda snobby but I totally agree.  I see a good friend of mine posting every new coach purse her DH gives her.  I totally get jealous.  I know they buy them on sale and they are not as well off as we are, not that we are well o
    Baby Birthday Ticker Ticker
  • Good, so I wasn't the only person who thought it was snobby. I agree with it too. I just thought it was a little in your face. Like I'm better than you are because I save money and you're broke.

    What happens when a non-broke person makes fun of

    Baby Birthday Ticker Ticker
  • I've never had anyone comment about our financial plan actually.  Probably because I don't discuss it much.  I did tell my mom a couple months ago how much I had already saved in our savings and she was impressed.  She is more of a spend pe
    Baby Birthday Ticker Ticker
  • No one has commented about mine either. I also don't talk about it though. I think if you're fortunate enough to have a financial plan than you really shouldn't be talking about it with your broke friends unless they ask for advice.

    I think it

    Baby Birthday Ticker Ticker
  • imagepolooo26:

    No one has commented about mine either. I also don't talk about it though. I think if you're fortunate enough to have a

    Baby Birthday Ticker Ticker
  • Money and friends is a difficult thing. Most people are at different stages in life and make different incomes.

    I've heard of Piropos and I know it's pricey. I see no problem with telling someone you'd rather go to a less pricey place. If they

    Baby Birthday Ticker Ticker
  • My mom suggested I take 10,000 out of my IRA to pay for a hernia surgery if it turns out the insurance doesn't cover.  It would kill me to take that much out, get a penalty and then get taxed on it.  I'm not even going to think about that yet
    Baby Birthday Ticker Ticker
  • imagevlagrl29:
    My mom suggested I take 10,000 out of my IRA to pay for a hernia surgery if it turns out the insurance doesn't cover. &n
    Baby Birthday Ticker Ticker
  • imagepolooo26:

    imagevlagrl29:</strong
    Baby Birthday Ticker Ticker
  • Can you roll your IRA over to a Roth IRA? Then be able to take out the principle without penalty? You should make a couple phone calls. Maybe there's a way you can avoid the penalty.
    Baby Birthday Ticker Ticker
  • imagepolooo26:
    Can you roll your IRA over to a Roth IRA? Then be able to take out the principle without penalty? You should make a coup
    Baby Birthday Ticker Ticker
  • I wouldn't discuss this quote with others, but I do agree with it.

    This is actually true in many areas of life...when one is successful or does well, the very doing of doing well makes others feel envious, less successful, and unhappy as it point

  • I think it's true.  I know that our financial advisor made fun of us for having so much in savings.  We have a ridiculous amount in savings, and it's probably stupid not to put it in a mutual fund... but if we had followed her advice in 2007,

    now i know how Nancy Kerrigan felt. that's insight into SCARY ISLAND. you have no clue what really went down.
  • imagejessica290:
    Totally agreed. I'll be laughing all the way to my grave, when the state has to support everyone's broke a$$ in r
    now i know how Nancy Kerrigan felt. that's insight into SCARY ISLAND. you have no clue what really went down.
  • imagepolooo26:

    Good, so I wasn't the only person who thought it was snobby. I agree with it too. I just thought it was a little in your

    now i know how Nancy Kerrigan felt. that's insight into SCARY ISLAND. you have no clue what really went down.
  • Just to be clear. He didn't say this to his friend. He just sent me an e-mail complaining and then ended with that quote.

    I think it's a bit entitled. It comes off as "Since I save I'm allowed to judge everyone who isn't exactly like me".<

    Baby Birthday Ticker Ticker
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