Mother's $7,000 Bitcoin Investment Sparks Financial Advice from Dave Ramsey

Reported 3 months ago

In a recent call with financial advisor Dave Ramsey, a man named Philip shared that his mother borrowed $7,000 from him two years ago to invest in Bitcoin but has refused to repay him, believing it will make them millionaires. Ramsey strongly criticized her decision, urging Philip to demand his money back for his education, emphasizing that gambling with a child's savings is irresponsible and that Bitcoin is a risky bet that is unlikely to lead to wealth.

Source: YAHOO

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