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During an episode of the popular Dave Ramsey show, host and personal finance expert Dave Ramsey preaches on not investing in banks or savings accounts. Here’s why he does not recommend this. Ramsey, who is often known for his blunt but truthful advice, has warned his audience against investing their hard-earned money into banks and savings accounts because, according to him, you’re lending the bank your money. Don’t Miss: Warren Buffett flipped his neighbor’s $67,000 life savings into a $50 million fortune —How much is that worth today?Can you guess how many Americans successfully retire with …

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