November 29, 2025
Why Middle Class People Shouldn’t Buy New Cars (But Rich People Can), According to Dave Ramsey
Dave Ramsey built his financial education empire by challenging the spending habits that keep middle-class families trapped in perpetual debt cycles. Among his most controversial but consistent teachings is his stance on buying new cars. Its message cuts through the cultural narrative that new cars represent success: buying new vehicles destroys middle-class wealth, while wealthy […]
7 mins read