Dave Ramsey says: Financial advice for divorced father, biblical teachings about piles of cash

Dear Dave,

My wife and I are going through a divorce, and she just had our first child. Under the circumstances, I feel it’s my responsibility to take care of her for a while longer, and to put her and our son in a safe, new vehicle.

Financial aid for children after divorce: what to do?

She’s driving a 2002 Chevy Prizm right now with lots of miles on it. I’m afraid any kind of accident could result in a disaster. Do you think I should buy her a bigger, safer new car?

Ewan

Dave Ramsey on financial aid for children after divorce

Dear Ewan,

God bless you both. And that little boy. I’m truly sorry you’re going through a mess like this, and I appreciate your attitude and concern about things.

Divorce carries a lot of emotional stress and worry for everyone involved, but honestly? I don’t think buying her a new car will solve anything.

My guess is the truth of the matter is this: The whole situation is breaking your heart, and you’re worried sick about your son.

This is 100% natural, buddy, and it means you love that little baby with all your heart.

Car advice for dad concerned about financial aid for children after divorce

But if it were me, I’d find a little bit larger used car—a good, reliable one—that either one of you, or both of you combined, can pay for with cash. No payments, no leases.

But Ewan, here’s the important thing. Spend every second you can get hugging and loving on that little boy. And let his mom know you want to be part of his life as much as possible. He’s going to need his daddy around.

— Dave

Christian values vs. financial security

Dear Dave,

On your show, you’re always talking about accumulating piles of cash. I’ve gone to church my entire life, and I know for a fact the Bible says not to lay up treasures on earth. Doesn’t that mean we shouldn’t be greedy or accumulate wealth?

Lawrence

Dave Ramsey on biblical perspectives around money

Dear Lawrence,

The Bible also says in Proverbs that in the house of the wise there are stores of choice food and oil. I appreciate your concern, but when I talk about “piles of cash,” my frame of reference is that we’re to handle our money and other possessions for good and for God. It’s not about greed or to show off or to use it just to buy bigger and better things for ourselves.

If you look back through scripture, you’ll find many of the Bible’s major characters were wealthy people, who understood they were not the owners of the money and wealth. They understood God owned it all, and their job was to manage it all properly for God’s glory.

But here’s the thing. You can’t do good if you don’t have the resources to do good.

— Dave

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