Dave-Says-Feb-

It’s a Credit Card Addiction

I think my mother-in-law has a serious credit card problem. She can’t afford stuff, but she shops anyway, chalks up more and more debt, acquires more credit cards, and thinks she’ll pay for it all later somehow. Her ex-husband has bailed her out a few times, but he’s unwilling to help anymore. My wife and […]

Dave-Says-Jan-

What Kind of Life Insurance Do You Recommend?

Q. My wife and I are both 36 years old, and we have two children. Our son is six, and our daughter will be four next month. We’ve been walking through the Baby Steps, and we should have our home paid off sometime next summer. We realized the other day the one thing missing from […]

Dave-Says-Dec-

Teach Them to Be Givers… And Be an Example

Q. With all the commercials and marketing that accompany the holiday season, how can parents teach their young children about giving and putting others first at this time of year? A. Christmas is a traditional time to give and help others. But even for adults, it’s easy to get so caught up the glitz that […]

Dave Ramsey Oct 23

Love Them Enough to Teach Them Well

My husband and I are having arguments about money where our children are concerned. They are both 16, and I think they should have part-time jobs and be learning the value of work. He feels they’re only young once and wants them to enjoy being teenagers. He also gives them money anytime they ask. I […]

Dave says Sept 23

Different Personality Types Can Be a Good Thing

My husband is an entrepreneur. He has a very hard driving, energetic personality and way of doing things, while I’m more laid back and soft spoken. How can I support him best in terms of encouraging and communicating with him? I want him to know I care, that I want to help and that I’m […]

Dave Says August 23

Should I Cash in 401(k) to Pay Off Mortgage?

Should I cash in my 401(k) to pay off my car? I have just enough in the account to pay off the car and free up money in my budget. If I were in your shoes, and I could pay off the car in 18 months or less, I’d live on rice and beans—plus a […]

Dave Says July 23

Is the Threat of De-Dollarization Real?

I’m hearing more and more about “de-dollarization” and how several countries are moving away from the U.S. dollar as their basis of international trade. Will this affect the strength of the dollar, and should I be concerned about how I’m saving and investing because of this? First and foremost, I care enough about you to […]

Dave Says GenZ and Millennials June 2023

Gen Zers and Millennials in the Workforce

I am the managing partner of a family business. We would like to add to our team, but I’m worried we can’t try to hold millennials and Gen Zers to the same standards as other generations without losing them. How do you feel about this? Listen, I’ve got a building full of Gen Zers and […]

Dave Says work first play later May 2023

Sometimes Helping Means More Than Just Giving

Q. How do you handle a situation where someone needs financial help, but has misspent money you’ve given them in the past? My wife and I have been trying to help a young man we recently met. He told us he was trying to get his life together after a divorce and job loss, and […]

Dave Says work first play later April 2023

Work First, Play Later

Q. I brought about $15,000 in student loan debt into our marriage. I’m 26, my wife is 27, and we’ve been married a little over a year. During that time, our parents have helped us out with financial gifts occasionally. Whenever this happens, my wife and I get into an argument. She likes to use […]