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Build a budget, listen to Dave, and hang out with other Dave Ramsey fans!
Provided by MyTotalMoneyMakeover.com
Download Juice software.
Setup the software to check for new podcasts. Open the Juice software and click the "Status" tab. Copy the Dave Ramsey feed located above, in red text. Then, paste the feed into the "Add feed manually" window and click "Add."
Check the feed. Select "The Dave Ramsey Show Podcast" and then click the "Check selected feed" button. The software should download the latest feed straight to your computer. (Note: We recommend you use iTunes to listen. Get iTunes here.
Set up the software to automatically download new shows. Click the "Scheduler" tab. Check the box labeled "Check for new podcasts automatically." Set the time you would like the computer to check for new podcasts.
Thank you for downloading the free 1-hour podcast of The Dave Ramsey Show. Remember that you can download the entire three hours of the show commercial-free by joining MyTotalMoneyMakeover.com.
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Dave: Wanna stand out? Bring Excellence to the ordinary...EVERYDAY!
Blake: A Cornell Univ. study found people splurge to cheer themselves up & are more likely to use credit cards to finance this behavior.
Dave: Children do what feels good, adults devise a plan and follow it.
Dave: Winning companies are intentional about communication. Your goal: Create an entire CULTURE of communication.
Blake: Harrison Group researchers found Costco and Target were the favorite stores of the wealthiest Americans.
Blake: Washington St. Dept of Financial Institutions found 40% of Americans say they are living beyond their means. (30 more % lied)
Blake: Bank of America lost to BP as "Worst Co. in America" by less than 1% by voters @consumerist (keep ur head up, you'll get em next yr!)
Dave: Key question for decision-making: Will a "yes" cause me to lie or hide the truth at all? If so, the answer must be "no."
Steve: How to write a break up letter to your credit cards; great article on daveramsey.com
If you've still got some credit cards lying around "just for emergencies," it's time to break up with them. Today.
Steve: Ever visited Dave's online store? It's got everything to help you get out of debt and help others!
Blake: 17 mil. Americans w/ college degrees are doing jobs that require less than the skill levels associated w/ a bachelor's degree. -NAF
Dave: Work is doing it. Discipline is doing it steady, Diligence is excellence everyday with discipline. The DILIGENT prosper.
Dave: One definition of maturity is learning to delay pleasure.
Meg Meeker: What Does the Mother in Your Life Really Want from You? The answer will definitely surprise you.
Dr. Meg Meeker shares exactly what the mother in your life needs from you - her husband, son or daughter this Mother's Day.
Rachel Cruze : How To Survive College - Prepare high school graduates before they set foot on campus!
For many high school graduates, college is the next step, and the future is bright. That's the good news. The bad news is that too many students step on to a college campus without a clue about how to handle money. Find out how you can help change that with this new high school graduation gift!
Dave: You know why most employees aren't loyal to their company? Because most companies aren't loyal to their employees.
Blake: 61% of couples say discussions about household finances lead to arguments. -Kiplinger's (Other 39% listen to The Dave Ramsey Show?!)
Blake: A recent study by ComPsych reported that a staggering 92% of Americans are losing sleep over their finances. #financialpeace
Blake: Federal Budget vs. Household Budget: How Do They Compare? By @Dave (this is REALLY good)
Dave Ramsey thought it'd be fun to turn the astronomical national debt figures into something we can understand a little better — like a household budget.
Blake: People who pay with cash save approximately 20% over those who pay with credit. -National Foundation for Credit Counseling
Jess in Germany and her husband added both of their mothers to their cell phone plan when they lived in the States. Even though they’re no longer there, they’re still paying the $120 bill each month for them. Their moms are on disability income, and they can’t afford cell phones. Should they drop this plan?
Rebecca in Los Angeles and her husband make $55,000, and they have $62,000 in student loans. They expect to only be able to pay about $8,000 a year toward these student loans. They’re renting for $1,200 a month right now, and they both work part-time. Dave thinks their biggest problem is their unwillingness to work.
Ashley and Matt in Dallas are debt-free! They paid off $61,000 making $85,000 a year in 31 months. They called Dave to celebrate with a debt-free scream.
Susan in Lexington is Christian and believes the world is near end times. Should she be preparing by stockpiling food or other things?
Matthew on Twitter asks if rental property debt should be included in the debt snowball. Dave says no.
Dave rants about people who think the world is coming to an end and how that changes your perspective on investing and on your life.
Charles in Salt Lake City is about to receive $460,000 due to the sale of a property he obtained through an inheritance. He owes $80,000 on his home, makes $30,000 a year, and has no debts. He is 60 years old and didn’t graduate from high school or college. Dave has some cautionary advice for Charles.
Sue in Pennsylvania says her husband recently retired from teaching, and now they have to choose a retirement option. Should they go with the pension maximization and buy life insurance or take another option? After laying out the options, Dave helps Sue determine what the best one is.
Jordan on Twitter asks how he can make the most on his money for two to four years. Dave says he can’t.
Dan in Financial Peace Plaza is debt-free! He traveled from Cleveland with his family after paying off $35,000 in three years making about $75,000 a year. Dan originally thought Dave was a jerk and refused to get on board for a while.
Dee Dee in Utah wants to start a small business, but her husband doesn’t want to start it with debt. She has applied for a patent, and she was considering a partnership but heard Dave say that was a bad plan. How does she build a team with no revenue to pay them?
Chad in Florida wants to know if he should sell a rental to pay off debt. He makes $52,000 a year, and the property is worth about $60,000. After getting the numbers, Dave thinks he should.
John and Emily in Financial Peace Plaza are debt-free! They traveled from Kentucky after paying off $150,000 over two years making $150,000 a year up to $225,000 a year. They are both nurse practitioners. They paid off their house!
Tim in Tampa doesn’t have any outstanding bad debt, but he has $21,000 in student loans that are in income-based repayment. He and his wife want to buy a house, but they don’t have enough credit to do so. How can he get his credit up to buy a house?
Ed in Pennsylvania is getting married, and they’re going to open a joint checking account. Keeping a check register for them is difficult since Ed travels two weeks a month. Does Dave have any suggestions for that or just rely on the online access to the account?
Cindy in San Antonio and her husband have $12,000 saved going toward their house. They have a $20,000 car loan at $560 a month. Cindy wants to sell it. They make about $90,000 a year. Dave suggests keeping the car and paying it off if they like it.
Sarah in Phoenix says her husband was in a fatal car accident when he was 18. He has a criminal restitution order, and it’s been 20 years since the accident. They own a home and attempted to refinance but can’t because of the restitution. It’s $232,000 at 10% interest. They make $90,000 a year, and the home is worth about $300,000. They owe $200,000. Dave advises hiring an attorney.
Nancy in Texas is a teacher and took out $8,600 in retirement when she moved from Oklahoma. She’s received advice to buy back the service years she lost when she did that. It would cost $88,000 to buy them back. Her pension will be $49,000 a year without buying them back and $62,000 a year if she does. Dave disagrees that buying the years back is a good idea.