Dave Ramsey advises against spending money on depreciating assets like cars in order to build wealth. A caller with $30K saved and maxed retirement accounts seeks advice on buying a sports car. Ramsey emphasizes minimizing investments in assets that lose value. He stresses avoiding debt and costly car payments to build wealth effectively. An article highlights a simple habit that doubles Americans’ retirement savings, making retirement dreams a reality. The habit does not involve increasing income or saving more, but is easily adoptable and powerful in boosting savings.

Read more at Yahoo Finance: I make $80,000 a year and Dave Ramsey told me this is why I’m staying broke