Learn more about moneyandinvestments with this collection
How to start a successful business
How to build a strong team
How to market your business
Before Ramsey’s call-in talk show, financial advice was mainly for people who were already wealthy. It assumed people with credit card debt who lived from paycheck to paycheck didn’t care about financial education.
Ramsey began speaking to a handpicked group of people that traditional advice ignored. He regularly backed up his financial advice with Bible verses, erecting a clear fence around his target audience.
Dave Ramsey's show encouraged people who'd been conditioned not to pursue wealth to now indulge in the fantasy of being rich. A perpetual brief is that a better life is within your grasp if you can manage your money right.
Other budding financial experts dropped Ramsey's religious exclusivity, and a niche in personal finance emerged in the early 2000s.
Ramsey and his successors put the "personal" into finance so anyone could find success through a new set of rules, like paying your debt, starting a side hustle and making a budget.
The budget culture is the damaging set of beliefs around money that rewards restriction and deprivation and promotes an unhealthy and fantastical ideal of financial success.
Budget culture sees measures like credit scores and debt as signifiers of financial health and prescribes spending restrictions as the first step to getting rich.
However, the problem is that budgeting doesn't work. Restriction and deprivation are unsustainable. Tracking spending is hard. Budgets don't account for the way lives work.
The emphasis of budget culture is on individual responsibility and insisting that you can ignore access and privilege in our world. It condemns and oppresses anyone who doesn't live up to the ideal.
It's about your actions, responsibilities and mindset, yet no management method can fix rising housing costs with stagnant wages.
Instead of questioning your mindset and willpower to fix your money, question what's happening around you. Do you feel comfortable and safe in your home, in your clothing, or using your devices? Do you feel empowered with choice? Can you care for loved ones?
Having money can improve life, but that's not the point. Fighting budget culture means remaking the world in a way that lets everyone experience the ease of being "rich" regardless of the numbers.
More like this
Understanding the Psychology of Money and What It’s Costing You
Create a Budget and Save More Money
Explore the World’s
Take Your Ideas
Just press play and we take care of the words.
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
2 Million Stashers
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
Read & Learn
Access to 200,000+ ideas
Access to the mobile app
Unlimited idea saving & library
Unlimited listening to ideas
Downloading & offline access
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates