‘You’re Under the Illusion That You’re Good at This, and You’re Not’: Dave Ramsey to 24-Year-Old With $30,000 in Gambling Debt
Quick Read Dave Ramsey warned Philip that bankruptcy clears the $30,000 balance but leaves gambling behavior intact, making a repeat financial collapse near certain. Filing without stopping the habit means rebuilding debt within 12 to 18 months at up to 600% APR, with no Chapter 7 option for 8 years. Ramsey prescribed joining Gamblers Anonymous…

