Premarital counseling is a solid way to get potential problems for a couple ironed out before the big day. Talk about money, family and religion, for starters.
A couple committing 40% of their sole income to the house payment is struggling to make ends meet. Dave Ramsey says that number shouldn't be more than 25%.
Rationalization is one of the prime causes of overspending. If you're finding excuses to buy something you don't need, you're flunking a test of judgment.
If the online bank where you're considering opening an account is guaranteed by the Federal Deposit Insurance Corporation, that's a good sign of stability.
If you’ve tried several times to curb your spending, and are still falling back into the same old trap, maybe you should approach the situation in a practical, day-to-day way.
A young married couple who work together have the chance to earn their college degrees paid for by their employer. Do it, advises money guru Dave Ramsey.
Teaching kids there’s an emotional connection between work and money is one of the best things you can do as a parent. That's where paid chores come in.
A young 20something daughter wants to help her mother, who's struggling with a career and finances. Mom might be more likely to take advice from someone her own age.
The only purpose of an emergency fund is to have cash on hand immediately for an urgent situation.. It’s not an investment or designed to replace income.
A family dealing with job loss is debt-free, and has a six-month emergency fund saved up. From there, they should strip their budget, Dave Ramsey says.
The parents of a 27-year-old in debt but who still bought a fancy car should let him wallow in the consequences of his irresponsible behavior for a while.
A couple in debt and expecting a second child wonder if they should sell their house to pay down their loans. Dave Ramsey advises them to keep the house and cut back on spending.
