Dave Ramsey

Posted May 27, 2015

Dear Dave, I recently applied for life insurance for the first time with a child rider. The insurance company denied my request for the rider portion because my son has hemophilia. Do you have any suggestions or advice?

Posted May 19, 2015

Dear Dave, I have a question about budgeting. I give myself and my husband $150 a month each for blow money to be used on whatever we want. Im upset because he spends all his eating out, then he buys other things he wants that he has no money for. Am I being too stingy?

Posted May 13, 2015

Dear Dave, My husband and I have been following your plan. We just paid cash for our new home after selling the old one, so were out of the Baby Steps. But weve still got about $50,000 in student loan debt hanging over our heads. We make over $100,000 a year combined, so how would you suggest handling this?

Posted May 07, 2015

Having a positive attitude is great, and dreaming about the future is essential. But you cant stop with just dreaming. Neither one of these will get you where you want to go, unless you roll up your sleeves and map out a step-by-step plan.

Posted May 06, 2015

Dear Dave, Ive been following your plan, and I have my emergency fund in place and am investing in mutual funds. Recently, a financial planner recommended bonds to me. What is your opinion on this?

Posted April 28, 2015

I was recently notified that I am one of the beneficiaries of a class action lawsuit against a previous employer. The amount I can receive is just $200, but I dont feel like this past employer wronged me in any way.

Posted April 21, 2015

Dear Dave, My wife and I are on Baby Step 3 of your plan. Were also saving up to buy a car with cash. Were about $3,000 away from our goal, but now my wife wants to go ahead and finance the rest.

Posted April 14, 2015

My husband and I are 28 years old. Were completely debt-free, and we each have great jobs. We dont talk a lot about this kind of stuff, because weve found it causes other people to treat us differently. We realize how incredibly blessed we have been, so we always try to give God the credit, save, tithe and give regularly, and not brag about these things. How would you recommend handling a situation like ours?

Posted April 07, 2015

Dear Dave, We have two girls in competitive gymnastics, and its costing $12,000 to $15,000 a year at a professional gym to do all this. My wife and I both work, and we make about $115,000 a year, but virtually all of her income goes toward paying the gymnastics bill.

Posted April 03, 2015

Running a business can be scary. You put your heart and soul into your company and cant imagine doing anything else.

Posted March 24, 2015

You want your kids to associate work with money. I still meet people my age and older who havent made that connection.

Posted March 10, 2015

When I made the decision to get intentional with my money, I just used cash. Its hard to spend it when you dont have any on you.

Posted February 24, 2015

Events like this make you realize the need for proper planning, but dont ever prepay for them.

Posted February 14, 2015

We've heard a lot about how far behind Americans are in saving for retirement, but we don't often hear many solutions that the average family can actually afford.

Posted January 27, 2015

Technically, the government would call it passive income. But they dont have anything to do with reality.

Posted January 20, 2015

Years ago when I crashed and burned financially there were a few strong emotions that spurred me towards change. One of those was disgust. The second emotion was fear.

Posted October 22, 2014

As long as you're studying something that has marketplace application, youre setting the stage to make back the money that was put into your degree.

Posted October 07, 2014

You know, a magical thing happens when you pay down a house and sell it somewhere down the road. The money comes back. You didnt lose it.

Posted October 01, 2014

You might be able to justify it if the degree immediately raises income; otherwise you cant afford to make investments in vague educational goals right now.

Posted September 23, 2014

Being a Free Spirit just means you dont major in details. Youre not the number cruncher, and you dont wear a pocket protector. But being a Free Spirit doesnt mean you cant be a grown up.