Dave Ramsey

Posted July 23, 2015

Dear Dave, I have two credit cards. One charges me an annual fee of $79 and the other a fee of $39. Should I cancel these and not worry about my credit score? Id like to buy a house in the next two or three years.

Posted July 22, 2015

Dear Dave, Im self-employed, and I travel about 30,000 miles a year in my van. Im three payments away from having the vehicle paid off, but it has 170,000 miles on it. Do you think it would be a good idea for me to buy a new van and have the tax advantages that would go along with it?

Posted July 16, 2015

Dear Dave, Recently, I met a young man who was put out on the street when he turned 18. He lives on food stamps and $10 a week. My wife and I are on Baby Step 7 of your plan and have a great income, and our whole family feels called to help this kid maybe even taking him into our home. Do you have any advice?

Posted July 15, 2015

Dear Dave, My husband broke a few ribs and his collarbone a couple of years ago when he flipped our ATV. Hes fine now, but we still have about $20,000 in medical bills because we were both between jobs and didnt have medical coverage when the accident occurred.

Posted July 08, 2015

Dear Dave, I have a relative who recently entered a rehab center to treat her drug addiction. Ive been trying to help with things on the outside, and recently I discovered she has about $20,000 in debt. This is in addition to the rent owed on her apartment. I dont have a lot of money, but do you think I should start trying to pay some of these bills for her?

Posted July 07, 2015

Dear Dave, I own a rental property that brings in enough to pay the taxes and insurance with a little left over. Recently, I found out that my tenant, who just signed a new two-year lease, is subleasing the property for the short term as a vacation site.

Posted July 01, 2015

Dear Dave, Where should you save for large expenditures when youre doing the Baby Steps?

Posted June 24, 2015

Dear Dave, Im currently a senior in college. Im completely debt-free right now, and I am wondering what I should do to stay this way after graduation. Cary

Posted June 17, 2015

Dear Dave, My wife and I are in our twenties. We have no debt and $50,000 in the bank. Our income is $90,000 a year, and were cautious to live on less than we make. Still, we cant seem to get motivated to make a budget. How can we get inspired to do this?

Posted June 10, 2015

Dear Dave, Were debt-free including our home. My husband is a man of faith, but a bit of a dreamer. He has written several inspirational books that havent sold, but he feels this and public speaking are his calling. He wants us to sell the house, and live on the proceeds for a year, while he pursues this dream. What do you think of the idea?

Posted June 03, 2015

Ive been in my current job for five years. Ive also had a second job for three of those years, but now Id like to make a change.

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.