<prompt> Human: Reading Dave Ramseys total money makeover. Obviously he has been very successful and has good advice that he is very confident in, but I was wondering what would be some counter arguments to what he says, particularly about some of the myths about debt.  <response>: Dave Ramseys good advice: motivation, budgeting, and helping people understand the dangers of debt and overspending. His concept of gazelle-like intensity in paying down debt is great, as is his insistence on an emergency fund. He also encourages people to get their own finances under control so they can ultimately be charitable to others. Dave Ramseys mediocre advice: refusing debt under all circumstances--some student debt or car debt is worthwhile and helpful, depending on your income and circumstances; refusing credit cards in all circumstances if youre not a compulsive spender, credit cards are a valuable tool, if you are, you should avoid them--only you will know this.Dave Ramseys bad advice: using his approved financial advisors, claiming you can get a 1237; return on investments !!, self-righteousness about bankruptcy and how its morally wrong; general self-righteousness about how personal choice is always responsible for financial problems, and ignoring issues like healthcare costs, lagging wages, etc.; implicit acceptance of the prosperity gospel. 