Dave Ramsey

Posted September 03, 2015

Dear Dave, Ive heard you talk about extreme spenders and extreme savers. Exactly what do these terms mean?

Posted September 02, 2015

Dear Dave, My wife and I moved to Washington, D.C., about a year ago, and wed like to put our old place in North Carolina that weve been renting on the market. Well be asking around $140,000 for it, so do you think we should consider professionally staging the home?

Posted August 27, 2015

Dear Dave, Why do you say that personal finance is 80 percent behavior? I thought money was more about math and keeping track of things.

Posted August 26, 2015

Ive worked in a hospital as a nurse for 10 years. I make good money working long hours. The problem is that it seems to disappear, and Im left trying to stretch those last few dollars to the end of the month.

Posted August 21, 2015

For more than 20 years, Ive had the honor of helping millions of families take control of their money and stop drowning in debt. Its been awesome to see so many people change their lives!

Posted August 20, 2015

Dear Dave, I own a small business specializing in cell phone repair. Sometimes I buy phones and parts on eBay.

Posted August 19, 2015

Dear Dave, My wife and I really got serious about your plan. We even sold our house to become completely debt-free. Now, were trying to help my mom and dad.

Posted August 12, 2015

Dear Dave, My wife and I are recent graduates with advanced degrees. We also have about $300,000 in student loan debt. Were thinking about buying a rental property, and the plan is to get a mortgage with monthly payments of $400 and charge $800 in rent. We could use the extra to help pay off our debt. Do you think this is a good idea?

Posted August 11, 2015

Dear Dave, Im 61 and on disability, but Im completely debt-free and I have more than $1 million in assets. I even try to spend no more than four percent of the principal each year, so I dont dip into it. I need to buy a better car, and I realize that I have three options pay cash, do a lease or finance the vehicle. What do you suggest?

Posted August 07, 2015

Raises are almost as much fun to give as they are to receive.

Posted August 05, 2015

Dear Dave, Weve made an offer on a house we really like through a first-time buyers program. Now, after looking over our budget and debts again, my wife and I are having second thoughts. We havent signed or turned in any paperwork yet. What do you think we should do?

Posted August 04, 2015

Dear Dave, My wife and I are thinking about selling our home. I was recently let go from the military due to downsizing, and Ive begun a job in real estate but things are starting slowly. My wife brings home about $3,500 a month as a teacher, and the only debt we have is our house payment of $1,616 a month. I was given a $35,000 severance package, but we need some advice to help bridge the financial gap. Any ideas?

Posted July 30, 2015

Dear Dave, What percentage of your total net worth should your personal residence be during retirement?

Posted July 29, 2015

Dear Dave, My husband and I are both 50, and we make about $50,000 a year. We have a little bit of debt, and recently my mother-in-law moved in with us due to health issues. Weve always gotten by, but now were struggling with the additional expense of having her with us. We love her, but were unsure what to do financially. Do you have any suggestions?

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.