Dave Says

Dave Ramsey
February 26, 2019 - 11:45 am
Dear Dave, I’m single and a firefighter, and we have a pension plus a 457(b) retirement plan. I’m not contributing to the 457(b) right now, because I’m following your plan and in Baby Step 2, which is paying off debt. Our retirement plan is managed by a big life insurance company, but I know you...
Read More
Dave Ramsey
February 19, 2019 - 11:54 am
Dear Dave , I just realized our insurance has a health savings account (HSA) option. We’ve considered dropping this insurance soon and going to a cheaper Christian medical sharing program. We’ve got about $19,000 in debt between credit cards and a car payment, and we’re on Baby Step 2 of your plan...
Read More
Dave Ramsey
February 12, 2019 - 2:49 pm
Dear Dave, I know you’re against financing purchases. However, is it okay to finance things like furniture at zero percent interest? Detrick Dear Detrick, We just finished an extensive study of more than 10,000 millionaires. Not a single one of these folks said they became rich by borrowing money...
Read More
Dave Ramsey
January 29, 2019 - 1:47 pm
Dear Dave, My daughter is in college, and I’ve always warned her to stay away from credit cards. Recently, I learned she got a department store credit card despite my advice. She has stayed within her credit limit, but she has never made any of the payments. At this point, she owes about $3,500...
Read More
Dave Ramsey
January 22, 2019 - 12:45 pm
Dear Dave, My father-in-law wants to help us with our mortgage. We’ve been working hard to pay off our home early, and we’ve reduced what we owe to around $35,000. His idea is to pay off the remainder, then let us pay him back over time. In the past, he has loaned us much smaller amounts and...
Read More
Dave Ramsey
January 11, 2019 - 3:19 pm
Dear Dave, My husband and I have about $20,000 in credit card debt, plus payments on a new truck. We also have a camper he bought before we got married that we’re still making payments on. I recently received a $50,000 inheritance, and I’d like to use that money to help get us out of debt and open...
Read More
Dave Ramsey
January 08, 2019 - 2:50 pm
Dear Dave, How do you feel about timeshares, and the free trips and dinners they offer as part of their sales pitches? Is it possible to win with these things? Dan Dear Dan, In my opinion, timeshares are a complete waste of time and money. Lots of folks go into this kind of thing believing they’ll...
Read More
Dave Ramsey
December 28, 2018 - 10:59 am
Dear Dave, My mom is 75, and I’m the executor of her estate. She has $500,000 in retirement accounts, and the only debt she has is around $70,000 on her mortgage. Most of her money is in the stock market, with only $20,000 in a money market account, and this worries me. She lives well within her...
Read More
Dave Ramsey
December 21, 2018 - 11:54 am
Dear Dave, I’m almost debt-free, and I’ll be finishing my master’s degree soon. I’m not from this country, so I’ll be returning home in the next three to five years. Considering my situation, would investing in the stock market be a good idea? I’ve been reading that the market is about to crash, so...
Read More
Dave Ramsey
December 17, 2018 - 4:11 pm
Dear Dave, I’m on Baby Step 1 of your plan, and I work at a community college that takes a mandatory 20 percent from our pay for retirement. I know you say retirement contributions should be put on hold until all debt except for your home is paid off, so do you have any thoughts on this kind of...
Read More

Pages