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Dave Ramsey Warned You'll Only Make 'Snail-Like' Progress on Your Financial Goals in This Situation

Dave Ramsey Warned You'll Only Make 'Snail-Like' Progress on Your Financial Goals in This Situation

Most people have financial goals, whether those goals involve paying down credit card debt or bulking up your savings account. Ramsey has warned that one particular approach to budgeting is not likely to help you succeed in accomplishing your financial objectives. It's called the 50/30/20 budget and it's a common method of allocating money because it's simple and less constraining than other techniques.