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Dave Ramsey Says To Ask Yourself One Question Before Buying Expensive 'Toys': If You Burned This Money On The Floor, Would Your Life Change?
Yahoo Finance· 2025-11-13 17:31
Before making a big luxury purchase, personal finance expert Dave Ramsey says to pause and ask yourself one simple question: “If we take the amount of money we’re getting ready to blow on this toy and burned it in the middle of the floor, would our life change at all?” If the answer is no, then you’re likely in a financial position to make that purchase, ethically, spiritually, and practically. A recent caller to “The Ramsey Show” got an answer to that very question. Greg, a business owner from Phoenix, a ...