Financial Guru Dave Ramsey Doesn't Want You To Live Paycheck To Paycheck: 'What You Actually Do With The Money You Make Matter More'

Financial guru Dave Ramsey recently emphasized the importance of money management over the amount of money earned.

What Happened: On Sunday, Ramsey took to X, formerly Twitter to share his views on personal finance.

He posted, “What you actually DO with the money you make matters more than the amount of money you make. There are plenty of people who make a LOT of money but still live paycheck to paycheck.”

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Why It Matters: Ramsey’s post comes in the wake of a series of calls to his radio show, which highlighted the financial struggles of high earners. In one instance, a caller named Alyssa, despite earning $130,000 a year, was struggling financially.

In another call, Ramsey advised a millennial couple with $1 million in debt to stop spending anything for the next three years.

Ramsey has also challenged conventional views on retirement, stating that saving money to quit a job one hates is a ‘bad life plan’.

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Image by Gage Skidmore via Flickr