Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Let’s talk about DEBT..🤨#realestatestyle #businessadvice101 #businessmanagement #debtsnowball

21 Feb 2025 · 0 min

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0:24

In this YouTube segment, Christian Osgood echoes Dave Ramsey’s philosophy that being debt‑free is an excellent goal. He warns that pursuing flashy symbols of wealth—sports cars, yachts, massive houses—often requires excessive debt, which can lead to bankruptcy for the imprudent. Osgood advises viewers to actively manage their “debt stack,” systematically rolling down debt over time, and stresses that having less debt feels markedly better later in one’s career and life.

Dave Ramsey was right about that. Debt-free is an awesome goal. The people you see with the sports cars, the yachts, the like super ridiculous mega houses, you get there either over a lot of patience and a lot of time, or if you're an idiot and you're gonna go bankrupt later. You do want to manage your debt stack. You do want to roll down debt over time, and I guarantee you, when you are farther along in your career and farther along in life, less debt will feel better.