Home US Finance guru Dave Ramsey gives harsh truth on whether Trump or Harris will be better for your finances

Finance guru Dave Ramsey gives harsh truth on whether Trump or Harris will be better for your finances

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One in four Americans cast their vote based solely on which candidate they believe will improve their finances. But Dave Ramsey said neither Trump nor Harris are better for Americans' personal finances when he appeared on Fox.

Voters are weighing whether their finances will improve if Donald Trump or Kamala Harris win the election.

According to a GoBankingRates survey, a quarter of Americans base their vote solely on which candidate will increase their bank balance.

But money guru Dave Ramsey, worth around $150 million, maintains the election result will not have a significant impact on personal finances.

appearing in Cavuto from coast to coast in FoxRamsey said he was not a supporter of any of his policies and told listeners that they should take responsibility for their money instead of relying on politicians.

He said: ‘None of them are fiscally responsible human beings.

One in four Americans cast their vote based solely on which candidate they believe will improve their finances. But Dave Ramsey said neither Trump nor Harris are better for Americans’ personal finances when he appeared on Fox.

‘Neither of us assumes that we are going to reverse this deficit.

“They’re both coming up with different ways they’re going to spend our money and get us over the edge.”

He was referring to experts who say the two candidates have big spending plans that will put the United States even deeper in debt.

Some say it could also lead to more inflation. But despite these concerns, Ramsey assured Americans not to worry.

He said: ‘That’s just part of politics. That’s how things are. And the good news is that that rhetoric has been going on since I was a kid and I’m a grown man, so I think we’ll be fine. We’ll get through it.’

But despite not saying either will help Americans, Ramsey said last month that he will vote for Trump.

He explained on his own podcast that he reviewed Trump and Kamala Harris’ policies on taxes, immigration, guns, foreign affairs and climate change.

Ramsey urged Americans to make changes to improve their finances: cut spending, refinance your home to get a cheaper deal, for example.

“The trick is for people to realize that none of these people are going to be their saviors,” he said.

‘You’re going to have to look in the mirror and change your life. What happens in your house is much more important than what happens in the White House.

But despite not saying either will help Americans, Ramsey said last month that he will vote for Trump.

He explained on his own podcast that he reviewed Trump and Kamala Harris’ policies on taxes, immigration, guns, foreign affairs and climate change.

Ramsey is famous for his candor. In August, he torn into a Missouri couple after the husband revealed they were $240,500 in debt but at the same time refused to give up the family car.

Financial guru Dave Ramsey mourns a Missouri couple after the husband reveals they are $250,000 in debt but don't want to give up the family car.

Financial guru Dave Ramsey mourns a Missouri couple after the husband reveals they are $250,000 in debt but don’t want to give up the family car. “You have been spending as if you were in Congress,” he said. ‘You never fulfilled a debt you didn’t like’

John, from St. Louis, called Ramsey’s show to ask for help getting his and his wife’s “monstrous debt” under control, but the guru had no time for his antics after telling him he refused to get rid of the family car they owned. I was stuck with $28,000.

“John, I don’t really care if it’s the family car,” he said.

‘You guys are broke, you’re starving and you make $150,000 a year. You can’t say it’s the family car, you can say everything is on the table, we’re selling so many things that kids think they’ll be next.

‘You guys have been spending like you’re in Congress for what, 10 (years)?’

The St. Louis couple, who earn $151,600 a year, have only been married for four years, which surprised Ramsey and their guest host, Jade.

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