Dave Ramsey: Pay off debt regardless of what it is for
Q: 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...
View ArticleDave Ramsey: Motivation comes from within
Q: 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?
View ArticleDave Ramsey: Plan shopping trips with care, common sense
Q: What is your opinion on wholesale club memberships?
View ArticleDave Ramsey: Modeling teen can learn lots of lessons
Q: 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?
View ArticleDave Ramsey: It's OK to help responsible sister in school
Q: My younger sister moved to Atlanta, and she came to live with my husband and me a few months ago. She’s 19, has a job and is attending a local college. But even though she’s working, she hasn’t said...
View ArticleDave Ramsey: Paying off house doesn't require dipping into savings
Q: Is there ever a time you should dip into emergency fund savings in order to pay off your home early?
View ArticleDave Ramsey: Sell pricey vehicle in tough times
Q: I’ve been on medical leave from my job due to an injury. My doctor recently advised extending the leave another six months, but during this time I wouldn’t be paid. My husband makes $75,000 a year,...
View ArticleDave Ramsey: Starting over after divorce
Q: My divorce will be final in a month, and I’ll have $100,000 when everything is over. I will also have $8,000 in credit card debt, and I’m currently unemployed. Do you have any suggestions to help me...
View ArticleDave Ramsey: Defining today's necessities
Q: Can you please define “necessities” in today’s world while trying to get out of debt and live on a budget?
View ArticleDave Ramsey: Deciding if mom should go to work
Q: 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. I want to go back to work, but emotionally part of me feels...
View ArticleDave Ramsey: Set family boundaries instead of moving away from problem
Q: I live outside Houston with my wife and our 9-month-old daughter. I’ve received a job offer from a company on the other side of the city that would pay, with bonuses, $25,000 a year more than I’m...
View ArticleDave Ramsey: Home loan represents unneeded risk
Q: I’m retired, and I have $400,000 in an IRA that’s earning 10 to 12 percent. The only debt I have is $20,000 on a home equity line of credit, and my home is worth $500,000. Should I pay off the home...
View ArticleDave Ramsey: Life insurance important for 70 and younger
Q: Is it ever too late to get life insurance? A: The only time it’s really too late to get life insurance is after you’re dead! But seriously, if you’re older than 70 it becomes pretty difficult to get...
View ArticleDave Ramsey: Money not worth putting a family relationship at risk
Q: I borrowed $30,000 from my aunt to buy a condo eight years ago. We had a deal that she would get her money back, plus a piece of the profits when it sold. If there were no profits, she would get...
View ArticleDave Ramsey: Combine home loans and refinance
Q: My son has a $115,000 mortgage at 5.8 percent. He also has a home equity line of credit of $40,000 at 9 percent. Currently, he can get a 30-year loan at 3.5 percent or a 15-year note at 2.75...
View ArticleDave Ramsey: College grad can pay off his own loans
Q: Our son is about to graduate from law school. He took out a loan to cover the cost, but we’ve been paying on it for two years to help him out. Right now, the balance on the loan is about $76,000. We...
View ArticleDave Ramsey: Mom's blessing was to be a blessing
Q: My mom died a few years ago, and she left me an inheritance of $60,000 in stock. She was always investing and saving money. I could sell this and be debt-free while still having plenty left over,...
View ArticleDave Ramsey: Set fair expectations when family moves in
Q: My husband and I have been following your plan, and we’re debt free. Recently he invited his sister, her husband and their two kids to live with us. His brother-in-law recently lost his job. My...
View ArticleDave Ramsey: Set boundaries with dad who manipulates
Q: My parents have always had financial problems, and they recently lost their home. They have a place to live, but since that time my father has been asking me for money. He comes over to talk about...
View ArticleDave Ramsey: No shame in receiving bigger inheritance
Q: My grandfather died about a month ago, and I recently learned that in his will he distributed his money unevenly between his children and grandchildren. I received significantly more than other...
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