Dave Ramsey Says Doctors And Lawyers Are Like Actors, Notoriously Bad With Money — 'Just Because You Make A Lot Doesn't Mean You're Winning'

"Medical doctors are astir arsenic notorious arsenic radical successful the euphony concern oregon the acting satellite for being anserine with money," Ramsey said successful a video posted to Facebook recently. "Only they adhd a level of arrogance to it due to the fact that they're truthful freakin smart."

The post's caption spelled it retired adjacent further: "Doctors are immoderate of the smartest radical retired determination — and immoderate of the worst with money. I've seen it implicit and implicit again."

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Lawyers and entertainers didn't flight the critique either. "A batch of them fto arrogance override communal sense," helium added. "Just due to the fact that you marque a batch doesn't mean you're winning."

Ramsey's vexation isn't new. In his ongoing crusade to get radical to ditch indebtedness and physique wealth, he's often pointed to his ain information to backmost it up.

His National Study of Millionaires, which surveyed 10,000 net-worth millionaires, recovered that astir of them didn't enactment successful flashy oregon high-paying fields. In fact, "medical doc didn't adjacent marque the apical five," Ramsey told comedian Theo Von successful an interrogation past year.

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Instead, the apical 5 professions that produced millionaires were:

That's close — contempt Ramsey's jab astatine lawyers, they did ace the apical five. Doctors didn't.

"The hardest radical to person to usage communal consciousness are the astute people," Ramsey said successful the video. "Lawyers and doctors — the level of arrogance that comes with that — often it's the hardest radical of radical I person to speech into it."

"Don't beryllium excessively astute for your ain good," helium added. "Humble yourself, larn the basics, and commencement making your wealth enactment for you, not against you."

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Ramsey's not saying doctors and lawyers aren't astute — he's saying they deliberation they're excessively astute for the basics. And that's the problem. When you're utilized to being apical of your class, it's casual to presume you don't request a budget, a plan, oregon anyone telling you what to bash with your paycheck.