A couple with plans to buy a house have saved $90,000 and are free of debt. They should put that money into a good market account so it can grow, Dave Ramsey advises.
An emergency fund of about six months' expenses should be more than enough to cover a sudden house repair. It's a better plan than buying a home warranty, Dave Ramsey says.
Getting personal finances in order is easier if you follow a plan. Dave Ramsey's Baby Steps offer a way to set and reach the goal of smart money management.
Accepting a loan from parents or other relatives and friends can sometimes put a strain on that relationship. Dave Ramsey recommends showing your sincerity in paying back the money.
Spending reasonable amounts of money on pet care is expected. Setting up an emergency fund for pet expenses, on the other hand, may not be the best idea.
Renting out a house to get the best tenants requires a bit of an effort to learn as much as possible about the person or family who could be living on the property.
A couple is divided on how to face the future -- one wants to plan and save, the other lives in the moment. That's a recipe for trouble, Dave Ramsey says.
Dave Ramsey says to stop investing in precious metals, cash out every bit of your gold and silver and put the money toward paying off your student loans.
Debt is not necessary to get a college degree. There are ways to pay for college without taking student loans, and being in debt for 10 years after graduation.
