Dave Ramsey says these are the two questions that separate rich people from poor people

Dave Ramsey discusses the differing mindsets of wealthy individuals versus those struggling with debt, emphasizing that rich people evaluate total costs while poor individuals fixate on initial down payments. This focus can lead to overspending and a reliance on credit, contributing to America's rising debt statistics, which show average American debt at $104,215. Marketing pressures and easy credit availability further complicate responsible financial behavior, perpetuating a cycle of debt and financial instability.

Ramsey noted that the major question that a rich person asks when posed with a proposition is: 'How much?' Conversely, a poor person will ask: 'How much down payment?'

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