Facebook

DAVE RAMSEY


ARTICLES BY DAVE RAMSEY

Dave Ramsey: Marrying student debts doesn't have to be a deal breaker
MAR 21, 2017

Dave Ramsey
 

Dear Dave,

One of my relatives just graduated from college with $20,000 in student loan debt. Her boyfriend graduated, too, and he has over $100,000 in student loan debt. They want to get married, so she’s looking for a job. He wants to go to graduate school, and take out more loans to remain a full-time student. The idea of even more debt hanging over their heads really bothers her. Do you have any advice?

Read More


Dave Ramsey: Suggests the best idea is to have a debit card with rewards system
MAR 15, 2017

Dave Ramsey
 

Dear Dave,

We’re trying to get control of our finances, and my husband wants to close all our credit cards. I want to keep one and use the bill-pay option for monthly stuff like utilities, so we can keep earning rewards points. I look at my way as a method of just re-routing the money and paying it off each month. Am I wrong in looking at it like this?

Read More


Dave Ramsey: Personal testimony on warehouse clubs like Costco and Sam's Club
MAR 6, 2017

Dave Ramsey
 

Dear Dave,

I know you’re big on bargains and saving money. How do you feel about warehouse clubs, like Costco and Sam’s Club?

Read More


Dave Ramsey: Advises against writing own will
FEB 28, 2017

Dave Ramsey
 

Dear Dave,

When it comes to making a will, would it suffice to sit down and write it all out on a piece of paper, then have it notarized?

Read More


Dave Ramsey: Illustrates a debt snowball
FEB 20, 2017

Dave Ramsey
 

Dear Dave,

After listening to your show, I want to try to get control of my finances, but I’m afraid to open up the bills. I make about $60,000 a year, but it’s a real struggle just to keep my head above water financially. My checking account is always overdrawn, and I don’t know where to start in catching up. Can you help?

Read More


Dave Ramsey: Husband's business is dying
FEB 13, 2017

Dave Ramsey
 

Dear Dave,

My husband and I have four kids, and I make $50,000 a year. He runs a small business that has been floundering for a while now, so we’re basically living off my income. Part of that income is going into the business. Plus, we don’t have much in savings, and we’re behind on our house payments. Do you have any advice?

Read More


Dave Ramsey: This is a good marketing idea
FEB 8, 2017

Dave Ramsey
 

Dear Dave,

I’m a small-business owner with a lawn care franchise. It’s common in our industry, after the season is over, to send out pre-pay letters for the upcoming season. If we send out these letters offering a five or 10 percent discount for early payment on next year’s services, is that too similar to borrowing money from our customers at five to 10 percent?

Read More


Dave Ramsey: Forget this guy, find a good financial advisor
JAN 26, 2017

Dave Ramsey
 

Dear Dave,

My husband was recently laid off, and he has $229,000 in a 401(k). He has been told that he should roll it into a hybrid annuity. Is this a good idea?

Read More


Dave Ramsey: Don't dissolve the LLC
JAN 16, 2017

Dave Ramsey
 

Dear Dave,

My wife and I are debt-free, plus she has a business giving music lessons. We formed an LLC last year when she had several students and was making over $3,000 a month, but that all changed when our first baby arrived. Now, she has only a few students, and they bring in around $700 per month. Should we dissolve the LLC?

Read More


Dave Ramsey: His wife's final gift
DEC 25, 2016

Dave Ramsey
 

Dear Dave,

My wife and I have been married for 12 years. Last month we found out she has terminal cancer and only six months to live. We’ve been fortunate enough to become fairly wealthy during our lives together, and she wants to buy me a boat. We always went fishing together, and her last wish is for me to have the boat I’ve always wanted. Even with this prognosis, I’ll be OK financially when she’s gone. Still, I can’t stand the thought of this. It’s just too painful. Do you have any advice?

Read More


Dave Ramsey's take on layaway
DEC 19, 2016

Dave Ramsey
 

Dear Dave,

How do you feel about using layaway programs?

Read More


Dave Ramsey: Attack the debt with the largest interest rate first
DEC 14, 2016

Dave Ramsey
 

Dear Dave,

We just started following your plan, and we have $39,000 in debt. We make $55,000 a year, and two of our smaller debts — one car and a credit card — are both $7,500. The credit card has a higher interest rate, so my wife thinks we should pay it off first. I look at the car as a necessity, and for that reason I think we should pay it off first. Who’s right?

Read More


Dave Ramsey: Sometimes the professor is wrong
DEC 5, 2016

Dear Dave,

My daughter is in her first year of college. Recently, her math instructor walked students through the process of getting a credit card and building credit. We’ve always followed your plan and taught her to do the same.

Read More


Dave Ramsey: 'Snakes bite'
NOV 28, 2016

Dave Ramsey
 

Dear Dave,

My wife and I are building a home, and we found a great entertainment center we both love. It costs $6,000, and the dealer said he would give us 10 percent off if we take out a store credit card. We have the cash to buy the piece, but we were wondering if it would be a good idea to get the card and use it for the entertainment center and Christmas gifts, then pay it off immediately.

Read More


Dave Ramsey: 'Stop listening to your friend about borrowing money'
NOV 22, 2016

Dave Ramsey
 

Dear Dave,

We’re completely debt-free with a fully funded emergency fund, and we have $350,000 sitting in the bank from a land sale a couple of months ago. My wife and I would like to buy a chicken farm with two houses and upgrade it to contract standards.

Read More


Dave Ramsey talks about being young, jobless and scared
OCT 18, 2016

Dave Ramsey
 

Dear Dave,

I’m 23, and I lost a good job a few days ago due to layoffs. My wife has been a stay-at-home mom with our 10-month-old daughter, and we have very little in the way of savings. What can we do to keep our heads above water?

Read More


Dave Ramsey: Has a formula for the cost of a wedding
OCT 10, 2016

Dave Ramsey
 

Dear Dave,

In your opinion, what is the limit you can responsibly spend for a wedding if the people involved have debt?

Read More


Dave Ramsey: Discipline commendable with cash flow school
OCT 4, 2016

Dave Ramsey
 

Dear Dave,

My wife and I are on Baby Step 2 of your plan, and I’m in graduate school while working full-time. We’re trying to cash flow my education from this point forward after previously taking out student loans. Our household income is $90,000 a year, and we have a car payment. Are we taking the correct approach to handle all this responsibly?

Read More


Dave Ramsey: Get yourself out of it
SEP 26, 2016

Dave Ramsey
 

Dear Dave,

I make $2,100 a month after taxes, and I have accumulated $46,000 in credit card debt. My husband makes more than I do, but he won’t help me. He says I got myself into this mess, so it’s my job to stop being irresponsible and fix it on my own. Do you have any advice?

Read More


Dave Ramsey: Best plan to building wealth is becoming debt-free
SEP 13, 2016

Dave Ramsey
 

Dear Dave,

My husband and I own three commercial buildings in Boise, Idaho, that are leased out long-term. We owe about $500,000 on one and $400,000 on each of the others, and they earn $190,000. The only other debt we have is a small amount left on our mortgage. I know you don’t like debt, but is it okay to owe on commercial properties that are making good money?

Read More


Trending: Greenville-Spartanburg International Airport, Obituaries, Chon Restaurant, Allen Bennett Hospital