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DAVE RAMSEY | Aug 25, 2020Dave Ramsey says: Repair old logging equipment to save money
Don’t try to justify buying an expensive, new piece of equipment when it’s just not necessary. Be smart and repair the old one instead.
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DAVE RAMSEY | Aug 18, 2020Dave Ramsey says: Lay out terms of down payment offer from in-laws
Accepting a down payment on a house from the in-laws is a big deal. Have a very serious conversation about it before deciding.
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DAVE RAMSEY | Aug 11, 2020Dave Ramsey says: Debt-free military pilot is flying high
A debt-free military pilot is in a tremendous position, financially and career-wise, and has plenty of options after she leaves service.
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DAVE RAMSEY | Aug 9, 2020Dave Ramsey says: New cars selling at 0% interest is a gimmick
The whole 0% interest gimmick tricks a lot of unsuspecting folks into buying something they don’t need and can’t afford!
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DAVE RAMSEY | Aug 4, 2020Dave Ramsey says: Get past baby Step 3, then go ahead and splurge
It would be better for your finances to wait until after you've completed Dave Ramsey's Baby Step 3 before splurging, he advises.
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DAVE RAMSEY | Aug 2, 2020Dave Ramsey says: Teen making wise choice to plan for renting place
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.
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DAVE RAMSEY | Jul 28, 2020Dave Ramsey says: 529 plan is good investment for post secondary learning
You’ll want a chunk of cash sitting in your 529, enough to make a difference in their educational goals, but you don’t want to overfund it.
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DAVE RAMSEY | Jul 26, 2020Dave Ramsey says: Sharing business’ success can serve as inspiration
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.
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DAVE RAMSEY | Jul 21, 2020Dave Ramsey says: Debt snowball helps give you control over finances
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.
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DAVE RAMSEY | Jul 14, 2020Dave Ramsey says: Term life policy suits single mom of toddler
A single mom should get a good term life policy equal to the amount that she'd like to supplement her son’s care, Dave Ramsey recommends.
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DAVE RAMSEY | Jul 7, 2020Dave Ramsey says: Parents should keep paying son for chores
Kids should learn at an early age that money is connected to work, so don't stop paying your son for doing chores even though you'd like to put that money toward paying down debt.
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DAVE RAMSEY | Jun 30, 2020Dave Ramsey says: Contribute 15% of income to your retirement
When you put 15% of your income into a Roth IRA, you don’t have to rely on someone else, like an employer, to complete your retirement savings plan.
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DAVE RAMSEY | Jun 28, 2020Here are 3 lessons to teach your children about money management
If you're trying to teach your children about money, here is how to teach your children the important lesson about money management.
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DAVE RAMSEY | Jun 23, 2020Dave Ramsey says: Be flexible when setting aside for kids’ college
If you’re following the Baby Steps, get 15% of your income going toward retirement before saving for college.
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DAVE RAMSEY | Jun 16, 2020Dave Ramsey says: There are many benefits to budgeting
Some people don’t understand all the benefits — financial and otherwise — that come with giving every dollar a name. Budgeting works.
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DAVE RAMSEY | Jun 14, 2020Dave Ramsey says: Plan on having long-term care coverage by 60
Have a good, long-term care coverage in place at age 59 or 60. It can mean the difference between living with dignity, or having to depend on the government.
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DAVE RAMSEY | Jun 9, 2020Dave Ramsey says: Don’t mess around, pay your 2019 taxes on time
If you need to move up your 2019 taxes in your debt snowball in order to pay them on time, that’s fine. Whatever you do, don’t pay them late.
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DAVE RAMSEY | Jun 2, 2020Dave Ramsey says: Teach son value of responsibility before giving money
Use the opportunity presented by a windfall to teach spendthrift adult son some how to be more responsible with money.
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DAVE RAMSEY | May 26, 2020Dave Ramsey says: Teachable moments are valuable at any age
When helping your kids out financially, Dave Ramsey says it might be best to attach some strings to that money if they are impulsive with their finances.
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DAVE RAMSEY | May 24, 2020Dave Ramsey says: Serviceman’s steady income is a plus for Baby Step 3
Baby Step 3 means having three to six months of expenses set aside for emergencies. Depending on the stability of your employment situation, it would be OK to lean toward the three-month side.
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DAVE RAMSEY | May 19, 2020Dave Ramsey says: If you can afford it, pay off mortgage ASAP
With only $15,000 left on their mortgage, Dave Ramsey thinks a couple can pay that off and hold off on adding to retirement fund for now.
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DAVE RAMSEY | May 17, 2020Dave Ramsey says: Stimulus check is yours to do with what you want
These coronavirus relief aid stimulus checks are kind of like tax refunds. You gave it to the government, and now they’re giving it back. Whether you tithe it or not is up to you.
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DAVE RAMSEY | May 12, 2020Dave Ramsey says: Study up on compensation for promotion
Create a few well-researched compensation studies to present to supervisors when you negotiate a salary for a promotion.
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DAVE RAMSEY | May 5, 2020Dave Ramsey says: Help family learn value of spending discipline
Financial peace starts with discipline when it comes to spending, Dave Ramsey advises. Actively control your money, instead allowing a lack of money to control you.