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.
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.
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.
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.
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.
You should never put your emergency fund into anything that can go down in value, like mutual funds, or anything that charges penalties for early withdrawals.
Preplan rather than prepay for funerals. If you live to an average age, for what you’d prepay today at your age, you could invest the amount and be self-insured.
If you're in a dispute with a company over a bill, keep pushing to get it corrected. The problem won’t go away until you get everything completely rooted out.
The lottery is a tax on the poor and people who can’t do math. Instead of playing, focus on working hard and living on a tight budget to grow your money.
Living on a monthly budget, and telling your money where to go instead of wondering where it went, is an important step toward gaining control of your finances.
