-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
DAVE RAMSEY | Apr 28, 2020Dave Ramsey says: Sign up for life insurance well before you reach 70
Life insurance is fairly easy to get until around age 70, depending on your overall health situation, Dave Ramsey says. Don't wait.
-
DAVE RAMSEY | Apr 21, 2020Dave Ramsey says: Buy building for business or keep leasing?
A small business owner should only buy a building when he or she has a solid track record of success, and a really good idea of what the building needs will be.
-
DAVE RAMSEY | Apr 14, 2020Dave Ramsey says: Hiring unreliable relative is bad for your business
As an entrepreneur, you have the right and responsibility to do what’s best for your company. That means you shouldn’t hire anyone who isn’t a good fit, even a relative.
-
DAVE RAMSEY | Apr 7, 2020Dave Ramsey says: Talk with husband about his struggling business
Using another household income to help keep a small business afloat could mean it's time to move from that venture, Dave Ramsey says.
-
DAVE RAMSEY | Mar 31, 2020Dave Ramsey says: Emergency fund is for dire situations
There’s no shame in using your emergency fund if you really need to. That’s what it’s there for. Just make sure you’ve got a real reason to use it.
-
DAVE RAMSEY | Mar 29, 2020Dave Ramsey says: You can bridge the financial gap during tough times
If your workplace has closed its doors and isn’t offering pay during the coronavirus crisis, then it’s time for a financial regrouping.
-
DAVE RAMSEY | Mar 24, 2020Dave Ramsey says: Safe bet is to put 15% of income into retirement
If you put 15% of your income into your retirement, you won't have to rely solely on Social Security or a pension. That's a sound plan, Dave Ramsey says.
-
DAVE RAMSEY | Mar 22, 2020Dave Ramsey says: Give back unearned health savings contribution
A former employee is still receiving contributions to her health savings account. The company has asked for the money back. Just do it, Dave Ramsey says.
-
DAVE RAMSEY | Mar 17, 2020Dave Ramsey says: Pay what you owe on debt dropped from credit report
There are two good reasons to go back and deal with a debt that has been dropped off your credit report, personal finance guru Dave Ramsey says.
-
DAVE RAMSEY | Mar 15, 2020Dave Ramsey says: Divorced mom should play safe with money, get CD
A recently divorced mother of two with a good job and house already paid for should put her money in a CD and stay away from stocks, Dave Ramsey advises.