Ramsey believes in building an emergency fund instead of relying on disability insurance.
One of Ramsey's arguments is that short-term disability insurance can have high monthly premiums.
Ramsey points out that short-term disability insurance often has restrictions and limited coverage.
According to Ramsey, it's better to focus on maintaining good health to reduce the need for insurance.
Ramsey suggests that short-term disability insurance doesn't provide significant long-term benefits.
The financial expert encourages individuals to rely on their savings and investments during tough times.
Ramsey advises focusing on building a robust retirement fund for financial security.
Ramsey emphasizes creating an emergency fund to handle unexpected expenses.
Ramsey advocates seeking financial coaching to improve money management skills.
Ramsey's perspective on insurance is controversial but encourages a balanced approach to personal finance.