Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The key with Ramsey is if you follow his debt rules, you'll .... be ok? Maybe not mathematically as great as you could be, but ok?

But if you follow Kiyosaki's rules, you could be in prison.



To be clear, I think both of them are frauds (though one a lot more than the other).

If you’re being crushed by debt, following Ramsey’s (frankly commonsense) advice would probably be beneficial. If you have any other situation, his advice is going to be harmful to you. Especially compared to the advice you would receive from a real financial advisor, which Ramsey isn’t (though I’m sure a lot of his followers would be surprised to learn that).




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: