|
I'm a stay-at-home mom now, and my husband brings home $2,600 a month. We're trying to get out of debt, but we need more money coming in.
Dear Dave Ramsey, I'm not sure I'm enough of a handyman to fix up houses to sell, but I've never thought of myself as a landlord, either. What advice can you give me?
Our parents are contributing financially to the wedding. I know in the end it's our call, but traditionally do parents have some kind of say if they contribute money to help pay for the wedding?
If a wife takes out a credit card in her husband's name without his knowledge, and they get divorced, can the husband claim identity theft?
Dear Dave Ramsey, I have a friend with $30,000 in credit card debt, an $80,000 second mortgage, and a car loan. She is considering using a credit counseling service to help. What are your feelings about this?
Singles, here are ways you can enjoy time with your friends without busting your budget.
My divorce will be final soon, and I'll have some money, but I'll be unemployed. Do you have any suggestions?
Done properly, asset allocation enables an investor to build a portfolio that balances risk and reward, typically based primarily on the investor's age.
What has happened? Who's at fault? What does this mean for my family's future?
A clear grasp of God and His scriptures will lead us to understand the importance of preserving the gifts we have been given.
Is there ever a time you should dip into emergency fund savings in order to pay off your home early?
When should I support a college student?
When should a couple think about creating a family trust?
There are no shortcuts to making money or starting a business. It all goes back to hard work and thinking smart.
My daughter is 14, and she was recently offered a steady weekend modeling job. Do you have any advice on how to handle the money she earns?
I have some bad marks on my credit report. What's the best way to handle them?
What is your opinion on wholesale club memberships?
I want to buy an inexpensive car, and I was wondering what you think about salvage titles.
Let's re-brand ourselves as money-smart and get on a more sustainable and enjoyable path toward financial success.
Let's re-brand ourselves as money-smart and get on a more sustainable and enjoyable path toward financial success.
What do you think about rent-to-own housing? I'm not sure we're financially ready to buy yet, but we don't like giving money to landlords. Is rent-to-own a wise compromise?
My parents are close to retirement and very heavily leveraged. Do you have any advice on how I can help motivate them to succeed financially?
What do you think about the HARP program, and what exactly is it?
My wife's parents have offered to let us move in with them so we can get out of debt faster. Do you think this is a good idea?
A friend of mine wants to be my renter, but I'm worried that this could jeopardize our friendship. What do you think?
My wife and I make $140,000 a year, and we're working on our debt snowball. We're almost out of debt, but we still have two small car payments and some credit card debt. She wants to get rid of the credit card debt but doesn't mind us having car payments. Can you help me understand this?
My mother-in-law has a serious credit card problem. My wife and I, and her sister, want to address this issue, but where do we start?
Should I formally close out the old policy, or just stop paying the premiums?
The insights you gain from learning to fight fair could go a long way toward making money work really well in your relationship.
A better approach to buying cars is to build long-term relationships with our vehicles and send our vehicles' loan officers packing.
Should I base the amount of insurance coverage on what I'm making now or what I'll make when I've finished my degree?
While many people might prefer to avoid the volatility of stocks, most can't afford to choose all bond-type investments. If they did, they'd miss out on the gains necessary to outpace inflation and taxes.
If you had access to a tool that would give you a strong sense of control over your finances and help keep your financial stress low, wouldn't you use it?
What's the best way to handle bad marks on a credit report?
Housing is most people's biggest expense. That's why, of all of the expenses we each have, it's essential to get our housing costs right
Estate planning is an area where change is so frequent — and so confusing — it's an extraordinary challenge to stay up-to-date.
Dear Dave Ramsey, I'm in college with a full scholarship. I work part time and should be able to graduate with no debt. What can I do now to best utilize the money I make?
For several years during the late 1980s, my wife Susie and I applied a rather rigorous approach to control our spending, and it worked pretty well. I didn't keep a diary at the time, but looking back on it now, these are the "keys to success" that come to mind.
Dear Dave Ramsey, How do you feel about using an online bank for your emergency fund?
Estate planning is an area where change is so frequent — and so confusing — it's an extraordinary challenge to stay up-to-date.
I want to use $40,000 of our savings to pay down the house then rebuild our emergency fund. My husband disagrees. What do you think?
Outside-in thinking will never tell you whether it's a "good" time to sell stocks because no one knows what the market wills. Here's a checklist an inside-out investor might run through in deciding the "Is it a good time to sell?" question.
Investing that glorifies God is motivated solely by a desire to see His kingdom grow. If you're a follower of Jesus Christ, then you know that ...
Dear Dave Ramsey, I'm trying to convince my husband to leave his debit card at home when he goes to work. He says he wants it for emergencies, but he's always using it for other things. What do you think?
Investing that glorifies God is motivated solely by a desire to see His kingdom grow. If you're a follower of Jesus Christ, then you know that ...
I'm about to complete Baby Step 3. I've been very intense about following your plan, but I was wondering if there's ever any kind of frustration or letdown after you've come this far.
Is it ever a good idea to sell your home and buy a smaller, less expensive one in order to get out of debt more quickly?
I want to keep one of our credit cards open and use the bill-pay option for utilities and other monthly bills so we can continue earning rewards points. Am I just asking for trouble?
A key maxim of successful investing is this: Avoid making major mistakes. We're all bound to make some mistakes, but hopefully they're not terribly costly ones.
Dear Dave, My common sense says we need to sell my husband's motorcyle, but he doesn't want to, even though we haven't been riding in over a year. What should I do?
When it comes to spending, spend with goals in mind. Practice the #1 way to save money on nearly every purchase and focus on what you can control by not letting the availability of money be the driving principle for your spending decisions.
My wife and I were recently discussing and planning our monthly budget. Inspired by our July, 2011 article, Building Generosity into Your Monthly Budget. I suggested that we begin to include a line item for generosity. Here's what happened.
I was wondering why you recommend doing a fresh budget every month. Once you've figured out your expenses and income, won't the same budget work month to month?
Research shows that there are optimal days to invest and pull money in stocks and investments.
Investing that glorifies God is motivated solely by a desire to see His kingdom grow. If you're a follower of Jesus Christ, then you know that ...
Here are a few ideas our family has used to allocate our resources efficiently and accomplish our financial priorities.
Dear Dave, I've heard you tell people that having $90,000 to $100,000 saved up for retirement isn't enough. Why?
I posed thisquestion on Facebook: Best advice for someone transitioning to the cash/envelope budgeting system? Here are the responses I got ...
The amount of wealth that you and I can accumulate through investing is determined by a great many factors.
How much would you suggest having on a policy for a stay-at-home mom when there's no direct income involved?
At my church, there is a $97,000 mortgage at 8.75 percent on the building, and the note was signed only by the pastor. In the event of default, are the members of the congregation liable?
The Bible twice mentions the work ethic of the lowly ant (Proverbs 6:6-8 and Proverbs 30:25) — how it prepares for the future, storing up provisions for a later time. Preparing for the future is a good thing.
A little over a year ago, I did a post regarding my family's progress in cutting the costs of digital services. Now, 12 months later, I thought I'd let you know how things have gone.
Dear Dave, Do you recommend that people have a certain goal percentage or dollar amount saved for retirement?
Once you reach retirement and begin drawing from the storehouse of wealth you've worked so hard to accumulate, two questions arise.
Our 15-year-old has saved his money, and he'll buy a car next year. When he buys it, should the title be put in our names or his?
Regular investors can easily fall into the same trap of blowing right past restraint en route to imagined future riches as high profile victims. Here are a few tips to help check that impulse.
Now, at 45, I've gotten out of debt and fallen back in several times. I'm sick of this, and I want to get control of my money. How do I break this bad cycle?
When it comes to investing, learning what you're supposed to do is relatively easy. It ain't rocket science. But doing what you're supposed to do, well, that's surprisingly hard. We're our own worst enemies.
Things aren't cheap today, so aside from not dating, how do you handle this area of your life when you're trying to get your finances in order?
How do you feel about giving an allowance to kids who are younger than 10 years old?
I just married a wonderful lady with two children. We've talked over our financial situation, and we're determined to get out of debt within two years. This will mean some big changes in our teenager's lifestyles. How can we break this to them gently?
Would you agree that pride is our biggest problem when it comes to debt?
I make big commissions leasing cars, but I’d never lease one myself. Should I quit?
Dear Dave, What are the advantages of using a real estate agent versus going the for-sale-by-owner route when it comes to selling a home?
Dear Dave, How do you feel about mortgage accelerator plans? Can you please explain them?
I leased a car about two years ago, and I’m just now beginning to realize that it was big mistake. Is there any way to get out of a car lease?
If you leave the workforce (and your group health insurance) how will you protect against the illnesses that parallel old age? Essentially there are four options you might consider.
My wife and I are trying to pay down our debt. We've also started thinking that we'd like to have another child. Do you think we should wait until we're out of debt, or until we have most of it paid off?
As stewards of our incomes, homes, and resources, we must examine our fiscal sustainability.
Dear Dave Ramsey, How can my family lay the foundations of good finances?
These are the modern-day adults who are being squeezed from both sides: Dealing with children and aging parents.
These days it pays to be smart about money. That's why it's important to take this wise counsel from financial expert Dave Ramsey.
Now is the time to get your financial house in order. Here are the steps you need to take back control of your spending habits.
|
