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Dave Ramsey on Personal Loans

Dave Ramsey on personal loans:

… he’s overlooking the spiritual and relationship implications of all this. Proverbs 22:7 says the borrower is slave to the lender. If you do this, you’re going to change the way Thanksgiving dinner tastes, because you’ll be eating with your master instead of your mom.

Dave Says, "In Debt to Mom"

While it may be easier to borrow money from family members, think twice. As long as you owe them money, they may "have a say" in how you spend your money until the debt is repaid.

Written by antnp

August 6, 2010 at 5:36 am

Posted in Uncategorized

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