Dave Ramsey on the Cash for Clunkers program
July 28th, 2009 | by admin |
Question: Listener wants to know Dave’s thoughts on the Cash for Clunkers program. Dave doesn’t like it for a few reasons.
Dave Ramsey’s advice: It turns my stomach. It will get people involved in car deals that they don’t need to be in, all in the name of government help. Any time you hear the cavalry coming, keep in mind that they work for the government. With the government, there is always a hook and a twist, and if you have to go into debt to get a “deal”, that’s a stupid idea. You are much better off to drive your clunker.
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