The idea of saving up to pay for things should be the default setting in your brain, instead of starting a cycle of borrowing. That's being responsible with money.
A couple has found a 15-year refinance at 2.5%. Their monthly payment will go up, but Dave Ramsey thinks this is an opportunity they shouldn't pass up.
A good way to simplify budgeting, especially for couples, is by making it a team effort. It’s important to make sure your spouse is on board, and knows what’s up with the budget.
Wanting to financially help family members is a noble and caring thing. But first, ask yourself if your generosity is really helping them or if you’re just enabling bad behavior.
When it comes to dealing with debt collectors, keep track of all the calls and emails. If you don’t know your rights, they can scare you by using bogus threats.
The point of not letting your housing cost eat up more than 25% of your take home pay is to make sure you have money left over for other important things.
Renting should be a temporary stop along the road, not a way of life. You’re parked and you’re on hold until you’re ready for a house or you get your finances in order.
In times like these, people need to hear success stories. Sharing highlights of your company's work lets people know what’s working and that you’re thankful for it - and them.
List your debts from smallest to largest - except for your home - and pay them off in that order. That's the debt snowball and it will help you gain control of your finances.
