Dave Ramsey is a very knowledgable guy when it comes to the principles of getting out of debt. He has a very compelling personal story of how he got out of debt and is using that knowledge to help others. Although I may not be as well known as Dave Ramsey, I am also passionate about helping others become debt free and retire wealthy. Dave teaches a lot of great information in his books and cd's but there are a few points that I have to disagree with.

1. Dave suggests that home equity lines of credit and credit cards are not a good idea to have if you want to get out of debt.

Actually, credit cards and lines of credit can be the best thing to come along to get out of debt if they are used the right way.

2. Dave suggests to get a 15 year mortgage instead of a 30 year mortgage to pay your mortgage off faster.

I have to disagree with this as well. There is an alternative to paying off a 30 year mortgage in less than 15 years without having the high monthly payment of a 15 year mortgage.

3. Dave suggests to use a "debt rollover" strategy to pay down your small debts first and eventually larger ones.

Making extra payments is helpful but takes along time and a lot of discipline.

The reason I disagree with these suggestions is because I have been using an incredible strategy for the last 5 years that has helped my wife and I become debt free and supercharge our retirement account. It's a different way of looking at and using your money.

With conventional school of thought I would probably agree with Dave Ramsey, but there is a better way to rapidly get out of debt and quickly fund a retirement without using conventional methods. There is a way to start taking advantage of how you manage your money to your benefit instead of the bank's benefit.

Sometimes you have to think outside the box to get better results.