Dave Ramsey or Suze Orman? Need help getting out of DEBT!?

26 May, 2010 (00:08) | get out of credit debt | By:


I graduated college this past May and have a lot of student loan debt to pay off along with a bunch of little bills. I would like to get out of this debt as soon as possible as well as gain control of my finances in general. I need to start saving for retirement too. Which financial guru should I go with? Ramsey or Orman? Which advisor has the best books, plans, etc.? Personal stories/advice would be greatly appreciated! Thank you!


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Comments

Comment from rayt721
Time May 26, 2010 at 12:08 am

There aren’t that many drastic differences between the two philosophies. Use the plan that works for you. The important things are to increase income, reduce expenses, set up an emergency fund, shop around for value instead of price, invest, pay off debt with more than minimums, and set up a budget. You can get debt free through any of the programs but it’s a matter of DOING rather than wanting to do. You’ve got to make a commitment and take action. You have to start today. Your library is full of free reading materials, audio CDs and other tools. The first step with either plan is to review and set your goals so that’s something you can do today.

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