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'Stop Acting Rich. You Don't Have Any Stinkin' Money' — Dave Ramsey Slams Everyone Living Above Their Means To Fit In, Saying 'People Are Stupid' [Yahoo! Finance]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Yahoo! Finance
His message was clear: "Stop acting rich. You don't have any stinkin' money." Ramsey argues that many individuals who earn substantial incomes — $60,000, $90,000 or even $160,000 annually — still face financial instability . They are, as he puts it, "broke," burdened with continuous payments and misplaced priorities. Don't Miss: Are you rich? Here's what Americans think you need to be considered wealthy. Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you Ramsey likened this behavior to the Texas phrase "big hat, no cattle," indicating that outward appearances often do not match economic realities. He said that true financial progress can be met with criticism: "If people aren't making fun of you, you're probably not on track. Because people are stupid. People are broke Accompanying his video, Ramsey offered a caption emphasizing the importance of genuine wealth over the appearance of wealth and outlined his "7 Baby Step Show less Read more
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