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Benzinga
Benzinga
Business
Namrata Sen

Dave Ramsey Warns Americans Against Prioritizing Kids' College Funds Over 401(k)s — Says It Doesn't Make You 'Bad Parents'

Dave Ramsey TheStreet
Smiling,Happy,Caucasian,Family,Of,Mother,And,Daughter,Saving,Money,

Dave Ramsey, a renowned personal finance expert, has shared his views on the prioritization of 401(k) plans over college funds. He believes that saving for retirement should take precedence over saving for a child’s college education.

What Happened: Ramsey, in an email to TheStreet, emphasized the importance of prioritizing retirement savings over college funds. He stated that while saving for a child’s college education is a noble endeavor, it should not take precedence over retirement savings, reported TheStreet.

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