Debunked: Dave Ramsey’s cash value life insurance advice

August 25, 2016 by Michael Markey

A long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides. Time makes more converts than reason.” — Thomas Paine

Over 200 years ago, in his pamphlet “Common Sense,” the political philosopher Thomas Paine urged his fellow brethren to challenge fallacies that had been blindly accepted as fact.

Similarly, in this column, I’ve often used math to debunk the popular personal finance entertainer, Dave Ramsey. I’ve also used logic.

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Originally Posted at LifeHealthPro on August 24, 2016 by Michael Markey.