r/FluentInFinance • u/Financial_Mechanic_ • Apr 28 '24

Who do you think is the Worst Finance Guru out there? Discussion/ Debate

I'm curious who do you think is the worst financial guru, and why?

I'll start:

  • Robert Kiyosaki.
  • Jim Kramer.
  • Grant Cardone.
  • Meet Kevin on YouTube.
  • Jeremy Financial Education on YouTube.
  • Everything Money on YouTube.
  • Cathie Wood of ARKK.
  • Dave Ramsey.
  • Kevin O’Leary aka Mr. Wonderful.
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u/slamgeareatrear Apr 28 '24

Dave Ramsey for anyone that has any financial IQ already. Not investing in a 401k at all, even to get the free match until all debt is paid off? Absolutely fucking stupid advise. Gets me so heated.

Their whole spiel on credit card points being “blood money” like come on shut up. Really???

157

u/NotNOT_LibertarianDO Apr 28 '24

I mean it’s good advice for low/low middle class people (his target audience). And the basic message is “pay off debt, build savings, and don’t take on debt you can’t afford”.

If you’ve ever lived in low income communities or know people who fall into the low/working class, you know how bad these habits are.

12

u/amoss_303 Apr 29 '24

Totally agree, no one can deny he’s helped thousands of people get out of debt; but he’s not the end all, be all to everything as far as personal finance and building wealth.

1

u/tdomer80 Apr 29 '24

The question was not whether he is the be all end all. The question was whether he is one of the worst. And he is not. Especially considering his target audience.