Dave Ramsey: Illness requires getting affairs in order
Q: One of my relatives just discovered she has cancer. She's a single mom with two young kids, and I'm not sure if she's prepared to face something like this. What are the best steps she can take...
View ArticleDave Ramsey: Clearly state what you want done with trust money
Q: I'm going through a divorce, and I'm about to buy a $600,000 life insurance policy. My 9-year-old daughter would be the beneficiary. I need a trustee, but how do I pick a good one?
View ArticleDave Ramsey: Prepare now for life beyond college
Q: 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?
View ArticleDave Ramsey: Taking care of old debts
Q: I have some bad marks on my credit report. What's the best way to handle them?
View ArticleDave Ramsey: Tithing should come from the heart, not deceit
Q: I'm a Christian, but my husband is not. However, we still budget a small amount to give to the church. I started working a part-time job recently, and I would like to tithe on this income. Is it...
View ArticleDave Ramsey: Combine finances after marriage
Q: I recently got engaged. Is it okay for us to go ahead and combine finances and start working on a budget before we get married?
View ArticleDave Ramsey: Never cash out 401(k) to pay off debts
Q: Is it a good idea for a married couple in their early 30s, who have a lot of student loan debt, to cash out one of their 401(k)s to pay it off?
View ArticleDave Ramsey: Is paying off loans worth selling car?
Q: I make about $70,000 a year, and I have $9,000 in student loan debt. I also have a car that would bring enough to allow me to pay off the student loans. Do you think I should sell?
View ArticleDave Ramsey: Keep college money in mutual fund as long as possible
Q: Our son is graduating from high school next spring. We've saved cash to pay for his first year of college, and we have enough in mutual funds to pay for another semester. When should we pull out the...
View ArticleDave Ramsey: When can families give more?
Q: We're debt-free except for our house, and that's on a 15-year, fixed-rate mortgage. We also have an emergency fund in place. We'd like to give back this year, and do a little extra giving. At what...
View ArticleDave Ramsey: Offer the right kind of help
Q: I'm trying to help my son and daughter-in-law by encouraging them to get out of debt and live on a budget. It hasn't been a problem to give them money when they've asked in the past, but I'm afraid...
View ArticleDave Ramsey: Focus on investments outpacing inflation
Q: My wife and I are 70, and we have $950,000 in annuities in the market, plus $68,000 in our emergency fund. The only debt we have is our mortgage. I'm considering converting our stocks to a money...
View ArticleDave Ramsey: Parent doesn't get deceased child's debt
Q: My daughter died. She was 32 years old and single, and she had lived with me for the last few years because she was recently disabled. I did not support her financially, and when she died she had no...
View ArticleDave Ramsey: Save inheritance until job situation improves
Q: Recently, my husband had to quit his job due to an old back injury. We have $25,000 in debt, but I'll be receiving a $38,000 inheritance in a couple of weeks. Should we use the money to pay off our...
View ArticleDave Ramsey: What is the role of government assistance?
Q: I'm a single mom with three young children. I quit my nursing job a few years ago to be a stay-at-home mom, and one year later my husband filed for divorce. The state isn't keeping him accountable...
View ArticleDave Ramsey: Tips for setting up teen's car insurance
Q: I'm divorced and have a teenager who will be driving soon. What would be the best way to set up insurance for the child?
View ArticleDave Ramsey: Navigating term life insurance
Q: I'm looking at buying term life insurance. Currently, I'm in medical school doing my last year of residency and making $35,000 a year. Should I base the amount of insurance coverage on what I'm...
View ArticleDave Ramsey: Credit card spending calls for intervention
Q: My mother-in-law has a serious credit card problem. She can't afford stuff, but she shops anyway, acquires more and more credit and thinks she'll pay for it all later somehow. Her husband has bailed...
View ArticleDave Ramsey: Credit card churning isn't worth the risk
Q: What do you think about the practice of credit card churning?
View ArticleDave Ramsey: Don't give up dignity for expensive car
Q: I’m 27, married and have two kids. I make $90,000 a year, but my husband and I have $80,000 in consumer debt—$48,000 of which is in car loans. The rest is credit card debt. My wife’s parents have...
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