Young Americans Reject Ramsey's Extreme Frugality, Prioritizing Mental Health Over Debt
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Young Americans are rejecting Dave Ramsey's advice to cut out small pleasures like daily coffee to aggressively pay down debt, arguing mental health and quality of life are more important.
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TikTok users are mocking Ramsey with videos showing themselves enjoying affordable luxuries like coffee, cookies, and salad despite his disapproval.
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Some say Ramsey's advice to live extremely frugally and overwork is out of touch with the high cost of living and low wages many face today.
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His debt paydown methods like the "snowball method" aren't always the most financially optimal approach for everyone.
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Alternate strategies like debt consolidation loans with lower interest rates have worked better for some people than Ramsey's blanket opposition would suggest.