Which of the following is NOT a goal of saving according to Dave Ramsey’s principles?

Luxury spending is not considered a goal of saving according to Dave Ramsey's principles. Instead, his financial philosophy emphasizes creating a financial cushion that prepares individuals for unexpected events, building wealth for long-term security, and making planned purchases that align with one’s financial goals.

Saving is fundamentally about prioritizing financial stability and planning for future needs rather than engaging in discretionary spending that is not essential or purposeful. Emergency fund creation helps individuals navigate crises without falling into debt, while wealth building focuses on investments and resources that appreciate over time. Planned purchases encourage mindful spending aligned with a budget, contrasting luxury spending, which can lead to financial strain if not properly managed.