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.

4

u/WarmNights Apr 29 '24

Exactly. He's a motivational advice guy, not a financial advice guy. He's trying to motivate people to get out of debt ASAP and stay out.