An emphasis on avoiding personal debt and living within your means is a perfectly valid message to espouse, but Dave Ramsey very often gets facts and math wrong...
Chicago, IL (PRWEB) May 20, 2014
YourLifeSolution.com, a service which provides instant life insurance quotes on both term and permanent products, has created and published a video online which refutes many of Dave Ramsey's life insurance philosophies as well as claims he makes about various other subjects such as FICO scores, the Affordable Care Act, and the involvement in multi-level marketing schemes. "An emphasis on avoiding personal debt and living within your means is a perfectly valid message to espouse, but Dave Ramsey very often gets facts and math wrong as I've shown in this video where I merely show him making statements which are in no way taken out-of-context", said Eric Smith, the founder of YourLifeSolution.com.
YourLifeSolution.com felt the creation of this video was important to discredit the belief that there is no family planning situation where permanent life insurance is appropriate. "Whether it be a business continuation plan that is in force until a business owner's death, pension maximization, estate planning, creating a tax-free retirement income, or simply wanting to enhance one's estate, there are many situations where term life insurance is not the appropriate option. Dave Ramsey's claim that there is never such a scenario is simply wrong and detrimental to those who follow him", said Eric Smith.
The video can be seen here https://www.youtube.com/watch?v=WMmqo6cxrBw.
YourLifeSolution.com intends to release videos in the future that refute common misconceptions about compound interest within the stock market and the use of mutual funds as conservative investments.
Consumers interested in getting their own instant life insurance quotes entirely online are urged to visit YourLifeSolution.com, or call Eric Smith at 888.374.2764.