How does Dave Ramsey suggest handling large purchases?

Dave Ramsey advocates for saving up for large purchases rather than financing them, using a credit card, or borrowing from others. His philosophy emphasizes living within one's means and avoiding debt as much as possible. By saving for a large purchase, individuals can avoid interest charges and the stress associated with monthly payments. This approach fosters financial discipline, encourages planning, and ensures that purchases are made with money that one has already earned, leading to a more secure financial future. In contrast to financing, using credit cards for rewards, or borrowing from family and friends, saving promotes financial independence and aligns with Ramsey's principles of debt-free living.