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Home > So who's your financial guru? Dave Ramsey? Jeff Yeager?

So who's your financial guru? Dave Ramsey? Jeff Yeager?

January 2nd, 2009 at 05:31 pm

I just finished a little book by Jeff Yeager that I got from the new books section of the library. It was entertaining and very easy to read. I didn't glean a lot of new stuff from it, but I did thoroughly enjoy it. My main thought was "hey, this guy is a cheapskate just like me, so why does it work for him and not me". The answer is of course that he had his family on-board and was more dedicated than me.

I may need to check out Dave Ramsey since he apparently specializes in helping people like me dig themselves out before it gets too late.

Any others? I know someone here did recommend another book I got from the library that I enjoyed, so I'll have to go back and find that and maybe reread it.

Since Jeff Yeager is probably not that well known, here is his web page.

Text is http://ultimatecheapskate.com/index.cgi and Link is
http://ultimatecheapskate.com/index.cgi

Posted in General | 12 Comments »

12 Responses to “So who's your financial guru? Dave Ramsey? Jeff Yeager?”

  1. Petunia Says:
    January 2nd, 2009 at 05:36 pm 1230917810
    1230917810

    I like Dave Ramsey, although some people are put off by his straight-forward/abrasive manner. It's kind of like making a meal - I know how to cook all the dishes, but not always how to put them together. We already know a lot of what he teaches but not how to put the pieces together, so that's the benefit for us. I have no idea who Jeff Yeager is, and I don't think I'd go for Suze Orman.

  2. gamecock43 Says:
    January 2nd, 2009 at 05:48 pm 1230918520
    1230918520

    I listen to Suze Orman.

  3. my english castle Says:
    January 2nd, 2009 at 06:16 pm 1230920178
    1230920178

    I love Dave too--he's very straightforward, and exactly the kind of no-nonsense message many people need.

    I think I'm kind of beyond Dave; I spend years working in a brokerage firm, but I still occasionally listen to his podcast just to remind myself of all the basics.
    I think he's the best for people coping with no savings and digging themselves out of debt.

    I don't doubt Suze is right, but she gives me a headache.

  4. merch Says:
    January 2nd, 2009 at 06:35 pm 1230921341
    1230921341

    Personally, I like Dave Ramsey. But once you are out of debt, he doesn't have much advice after that. Only divide your assets across 4 types of mutual funds, give money to charity, and have fun.

  5. Ima saver Says:
    January 2nd, 2009 at 06:38 pm 1230921537
    1230921537

    The wealthy Barber by David Chilton is very easy to read. I alos like Andrew tobias' book , The Only other Investment Book you Need to Read.

  6. asmom Says:
    January 2nd, 2009 at 08:30 pm 1230928216
    1230928216

    Dave Ramsey can be entertaining but he is over the top sometimes. I like Suze Orman but there is no one guru I follow. Besides at the most basic level, they all have the same philosophy: spend less than what you earn, stay out of debt and save, save, save.

  7. jIM_Ohio Says:
    January 2nd, 2009 at 08:30 pm 1230928238
    1230928238

    merch is spot on regarding DR.

    Dave can help people get out of debt and LBYM, but he cannot really help people build a significant net worth, IMO.

    I tend to follow common sense, which means I listen to me most of the time.

  8. PauletteGoddard Says:
    January 2nd, 2009 at 10:27 pm 1230935263
    1230935263

    Andrew Tobias and Michelle Singletary are my financial gurus. I give Bailout Monitor Professor Elizabeth Warren and her daughter Amelia Warren Tyagi honorable mentions.

  9. Koppur Says:
    January 2nd, 2009 at 10:30 pm 1230935435
    1230935435

    I love Jeff Yeager! Smile I bought his most recent book this last summer. He is so funny, but his advice is so spot on! I also love Suze Orman.

  10. Broken Arrow Says:
    January 3rd, 2009 at 06:27 am 1230964023
    1230964023

    I don't know, I'm more a buffet kind of guy. I pick up and use a little bit of everything, depending on what it is and how useful it is to me. Sometimes, some advices work better for others than me, and vice versa, because we're all in different situations, on different stretches of the road.

    However, I suppose I am also a Buffett kind of guy as well. I am not the kind that typically hero worships, but he has made a lot of sense to me so far.

  11. ralph Says:
    January 3rd, 2009 at 01:06 pm 1230987979
    1230987979

    I don't know, I'm more a buffet kind of guy. Warren or Jimmy? Smile

  12. homebody Says:
    January 3rd, 2009 at 03:04 pm 1230995054
    1230995054

    I like to read/listen to them all, keeps me motivated.

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