Dave Ramsey UK?
I am 20 years old and completely new to the financial world so it is a little daunting jumping straight into it. However, I decided to get control of my finances over lockdown and I discovered Dave Ramsey (for those who don't know he is an American financial expert although he talks about much more than just finances). I started his debt-free snowball technique, applying it to my iPad, Phone payments and MacBook that I have payments scheduled for. It has has had a tangible effect on my life and I paid off my iPad, about to pay my phone off and then only have my MacBook to pay off and I will have payed that off before my interest free period ends if all carries on as it is which will save me over £500. The point is that his advice and money techniques have completely changed the health of my finances. What I'm struggling with is finding anyone else in the UK who listens to him and how much of the practical advice is relevant to the UK, for example student loans is a different scenario and interest rates are different here in the UK from my limited knowledge. I'm struggling to find any sources of financial advice that I can trust and they all seem conflicting. I use Martin Lewis techniques for some stuff but he often says the opposite to Dave Ramsey with stuff like paying off debt (debt snowball vs. debt stacking), so I guess I'm just trying to find a source of advice that I can trust. I think this post is just the first step in reaching out and actually trying to get an understanding of finances in the UK.
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