Dave Ramsey http://www.daveramsey.com/ Real Life Money Stories en-us Thu, 05 Mar 2015 05:03:44 CST 180 Saturday Sunday Dave Says - March 2, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-03-02 http://www.daveramsey.com/davesays/column/column/dave_says_2015-03-02 Mon, 02 Mar 2015 15:03:18 CST I bought a piece of lake property not long ago, and the developer has first right of refusal if we decide to sell ... Brighter future http://www.daveramsey.com/articles/articleList/category/100424/storyid/103732 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103732 Fri, 27 Feb 2015 10:26:37 CST I did FPU through work in April 2014. At that time we sat down and got a good idea of just how much debt me and my husband had and were a little shocked. Here it is now almost a year later and we only have 4 items left on our debt snowball ( down from 12!!) and have no doubt they will be paid off in no time and we can start baby step 3. I feel we have a bit of advantage over some of the other people we took the class with since we are still pretty young. I just turned 26 and my husband 28 and we WILL be debt free with a good amount of savings before we are in our 30's. I wish more people could see that a life without debt is possible. I look forward to the day we can call Dave up on his radio show and yell "WE'RE DEBT FREE" Car with Cash http://www.daveramsey.com/articles/articleList/category/100424/storyid/103734 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103734 Fri, 27 Feb 2015 02:48:03 CST At 32 and 31, my husband and I have spent the past 10+ years driving cars that our parents gifted us (thanks parents!). We knew we'd have to replace my husband's first as it was truly a piece of junk. We decided on an amount based on Dave's guidelines (spend no more than half your annual income on things with a motor - so we limited ourselves at a quarter of our combined incomes since we need 2 cars). After a few years of patiently saving and months of researching cars, we finally paid cash for a really nice, new (to us) car at the beginning of this year. Two stories to go along with this: A few months ago when we told my husband's parents that we were expecting our first baby, his dad asked if that would mean that getting a new car would have to be put on hold. To most people (including his parents), buying a new car translates to adding a new monthly payment. When you pay cash, you either have the money or you don't...you don't have to decide if you can take on another monthly payment. So when we hit the right amount in the car "envelope" (ie bank account), we could confidently buy the car without worrying how it would affect other financial decisions like getting rid of the mortgage, saving more aggressively for retirement, or having a baby. And secondly: I have always been the saver/planner, and my husband the spender (luckily, he's excellent at following any rules I put in place!). I think experiencing the benefit of patiently following a plan has really encouraged him to "live like no one else." For the first time this year, we sat down TOGETHER to come up with a new budget. We tightened it up in preparation for the baby, and he's very enthusiastic to stick to it! One Dull Crayon http://www.daveramsey.com/articles/articleList/category/100423/storyid/103726 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103726 Thu, 26 Feb 2015 10:46:23 CST I graduated high school in 2010 with enough scholarship income to completely pay for my college education. I attended an in-state university with no out of pocket expense my freshman year. When I returned my sophomore year, one of my scholarships had been reduced. That's no big deal, all I'd have had to do was go to WORK and cover the rest myself. I decided to take out my first student loan to cover the rest of tuition and to give myself a little 'spending money'. Stupid, right? I soon found a girlfriend and I wanted to make her feel special, so I spent way more money that I normally would during college (all for the relationship to end at graduation). I gradually increased my student loan debt over the next three years. I had a job, but I could've worked WAY more. I graduated in 2014 with $13000 in student loan debt. I quickly found work, and decided (ignorantly) that I deserved a new motorcycle. I could've paid cash for it if I had waited a few more months, but I wanted it NOW. So tack on an extra $5100 in debt and I found myself roughly $18000 in debt, all of which was TOTALLY AVOIDABLE. Now I'm vigorously working through the debt snowball and should be debt free later next year (2016). Moral of the story: Work when you're in school and don't borrow money to impress a girl who's probably going to break up with you anyway. And be patient with your purchases. A little patience and common sense could've kept me from digging out of a hole in my early twenties. FAFSA Stupid Tax http://www.daveramsey.com/articles/articleList/category/100423/storyid/103716 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103716 Thu, 26 Feb 2015 08:36:42 CST While helping my 18yr old niece complete her FAFSA for enrollment in student aid I Googled FAFSA and chose the first form the popped up on the search. Not realizing I was on a .com and not a .gov I filled out the form with all of her parents and her personal information and used my debit card to pay the $78 filing fee. I of course skipped right over the terms of service and paid without thinking. About ten minutes later I realized my mistake when reading the words FAFSA free application. By the time I was able to request a refund only during weekly business hours, they only refunded the unused portion of the fee which amounted to $39. So I paid the $39 stupid tax. Moral of the story the form is free people, make sure you are on a .gov site! Expensive home security http://www.daveramsey.com/articles/articleList/category/100423/storyid/103699 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103699 Wed, 25 Feb 2015 05:38:03 CST Last year my dear husband made the mistake of allowing a Vivint (home security) salesman into our home. This salesman was top-notch, and after an evening of slowly reeling us in, as we sat down to sign the papers the ugly truth emerged--the contract for this security system would be for FIVE YEARS! And the craziest part is that my husband and I stupidly signed anyway! Who has a five year contract for something?! That's just nuts! Cell phones, TV, internet, electricity, etc, etc are usually 1-2 years tops. I don't know what we were thinking! It's a great security system, but we didn't realize how much more expensive it is compared to other systems because we didn't shop around first (also dumb). So now we're stuck paying a whopping $75 a month for 5 years! No way out of it unless we can prove we were mislead in some way. Stupid, stupid, stupid! ALPHA GAMMA RHO FRATERNITY OFFERING FOUNDATIONS IN PERSONAL FINANCE TO MEMBERS THROUGH E-LEARNING PLATFORM http://www.daveramsey.com/press-release/alpha-gamma-rho-fraternity-offering-foundations-in-personal-finance-to-members-through-e-learning-platform http://www.daveramsey.com/press-release/alpha-gamma-rho-fraternity-offering-foundations-in-personal-finance-to-members-through-e-learning-platform Tue, 24 Feb 2015 15:02:17 CST Alpha Gamma Rho Fraternity is offering Foundations in Personal Finance: College Edition to all of its collegiate members and chapters. Foundations in Personal Finance: College Edition was created to challenge the way students view money and encourage them to make better financial decisions by teaching them the basics of saving, giving and spending. NEW SMARTDOLLAR PROGRAM HELPS COMPANIES TEACH THEIR EMPLOYEES HOW TO BE FINANCIALLY SUCCESSFUL http://www.daveramsey.com/press-release/new-smartdollar-program-helps-companies-teach-their-employees--how-to-be-financially-successful http://www.daveramsey.com/press-release/new-smartdollar-program-helps-companies-teach-their-employees--how-to-be-financially-successful Tue, 24 Feb 2015 15:02:03 CST SmartDollar, a brand new financial wellness program from money expert Dave Ramsey, helps companies and plan advisors equip their employees and participants to better handle their finances so that they can look ahead at the future and retire with dignity. Early Retirement http://www.daveramsey.com/articles/articleList/category/100424/storyid/103694 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103694 Tue, 24 Feb 2015 08:34:40 CST Dave, I retired at 59 last fall, my wife 4 years before me. Radio surfing one day on the road about 12 years back, I caught the end of one of your shows, and I was hooked. My wife and I listened to your show when we could, bought your books, and saw you live in K.C. We were doing pretty well with our money and both had solid incomes, so we tuned things up and followed your advice and it paid off. We sold some rental properties that were leveraged and put the equity towards paying off our home, which we did 10 years ago. This is the key to building wealth. Our net worth after the market crash of 08 was under $200k. We maxed out investments and steamed forward to today and we are over $1 million net worth, retired, healthy, and debt free for a decade. Thanks for your program and being there; you provide a great service to people of all "makes and models". I hope you remain "Better than you deserve" for many years to come. Dave Says - February 23, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-23 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-23 Mon, 23 Feb 2015 15:02:35 CST Should you budget for mad money, or just carrying around cash, when you're trying to get out of debt? Paid Cash! http://www.daveramsey.com/articles/articleList/category/100424/storyid/103688 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103688 Sun, 22 Feb 2015 10:25:27 CST I bought my new (used) car with CASH for the first time! The entire process of buying a car was stressful, except for the part when the sales rep asked how much I was putting down on the car. I said "I am writing a check." It was so empowering. No months or years of payments. The title comes directly to me. Don't get me wrong writing the large check was painful, but that is okay. I should feel it. However, I made the conscious decision to purchase this car. My emergency fund is still in place in full. Thank you to Dave Ramsey and team for the baby steps and to my dad for giving me the Total Money Makeover book eight years ago! Working step six, and now it is time to start saving for the next car. Soldier turned civilian. http://www.daveramsey.com/articles/articleList/category/100424/storyid/103687 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103687 Sun, 22 Feb 2015 04:05:58 CST I joined the military at 18 after having taking Dave's High School curriculum. After 4 years in the military I am now 23 years, recently married and a civilian. I also have a $6,000 emergency fund, 2 great cars paid for in full, no debt, and $20,000 to put down on a home with a 15 year fixed rate VA loan and 15% going towards retirement. This program helped me have plenty of money to move home and transition smoothly from the military back into the civilian life. Looking to pay off the house in about 5 years and start really saving for future wealth. Thanks to Dave Ramsey my wife and I will be millionaires by the time we retire and change our family tree. THANKS DAVE! Making Dave Proud! http://www.daveramsey.com/articles/articleList/category/100424/storyid/103683 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103683 Fri, 20 Feb 2015 01:54:02 CST One night last summer while working as a nurse the in the Emergency Department, I was approached by the hospital security guards informing me that vandals had damaged several cars in the parking lot, and mine was believed to be one of them. They needed me to come out to the parking lot to confirm the damages and file a report. I have to admit, at first I actually excited, as I had been fantasizing about getting a different car for quite some time, but as a Dave Ramsey follower, I couldn't justify a car payment for a different vehicle when this one ran just fine. I thought this new development may be just what I needed to convince my husband it was time for a new ride. Then, as one of the security guards and I headed out to my vehicle in the parking lot, he began to inform me of the damage to my car. As he talked about the the cracked windshield, dented front fender, and broken headlight the smile began to fade from my lips. As we approached the car, a police officer was busy calling in his report of the damages. After assessing the car, it was just as I had feared. "Sir," I said sheepishly to the officer, "You can cancel your report. I drove that piece of junk here like that." While the damage to my old 2002 Honda Civic had not been the work of vandals, the insinuation was enough to convince us to buy a slightly newer vehicle in much better shape, with less miles, and without a big payment. Thanks, Dave, for keeping on track with lots of laughs along the way. HUSBAND GOT A 9 MOS LAYOFF NOTICE http://www.daveramsey.com/articles/articleList/category/100423/storyid/103678 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103678 Thu, 19 Feb 2015 02:32:44 CST Two weeks before Christmas 2014, my husband received a 9 month notice his California company was moving their operations to another state and they had their own team to take over. Because of Dave's teachings, we were totally debt free (except for our mortgage), and had a savings to begin fixing up the house to sell. We were able to cash flow everything including our move to Utah, and put a down payment on a townhouse. We were able to take the ride for the severance package, rolled over to new jobs & now will have our home paid off in 10 years along with becoming "gazelle intense" socking away for our retirement for a projected amount of $1 million plus in 13 years. "LIFE" CAN BE AN OPPORTUNITY & NOT A CRISIS WHEN YOU ARE DEBT FREE! Thank you Dave! Six-figure student loan gone in 7 years! http://www.daveramsey.com/articles/articleList/category/100424/storyid/103665 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103665 Wed, 18 Feb 2015 11:47:18 CST My husband jumped into helicopter flight school just after we found out we were expecting our first child in 2001, back when banks would lend money out like crazy. The flight school made big promises like he would be making $60,000 right after graduating (at least that???s what he heard). He tried to work part-time and go to school, but decided to take the plunge and go to school full-time and we would just live on student loans. We ended up moving around to 3 different schools in 2 states. I worked part-time here and there, but tried to stay at home with my new baby as much as possible. Within a year and a half he finished flight school and started to work as an instructor. A month or two later he was fired. We were living in my great-aunt???s spider-infested one bedroom basement apartment with $80,000 in student loans (with a variable interest rate). We only had one car. We lived on food stamps and student loan disbursements. Things got scary really fast. I wasn???t sure that I wanted to continue down this path with him. We separated and I moved in with his parents for a few months, then with my parents. He traveled all over the country trying to get a job as a flight instructor. He finally found a job that worked out in Virginia. He rented a couch from his boss???s friend (for $100 a month) and rode a little gas-powered stand-up scooter to work every day. Some days it wouldn???t start. I worked in Utah and saved what little money I could. He was over 6 months out of school with no money at the end of the month to pay the minimum balance on the student loan. So he started taking online classes to defer the payments. My grandma gifted us $2,000 and I sent it to him so he could get a car. He cried when he pulled out of the dealership. No more riding a scooter 10 miles (each way) to work in the rain or heat. We decided to keep working on our marriage. He got enough money saved up (because he rented a couch) to put a deposit down on a 2 bedroom apartment. Then my daughter and I moved to Virginia. We continued to live with just one car. I relied on members of my church to drive me to church every week and to doctor appointments when I injured my back. We continued to pay 10% tithing and the Lord blessed us. Small jobs popped up that I could do from home. We didn???t have health insurance and I was able to avoid surgery on my back. My husband worked 6 days a week and his boss hired him to mow his lawn once a week. It was hard, and it was scary, but we sacrificed and grew together. He continued to take classes online and defer the loan payment. Unfortunately, the loan continued to accrue interest around 8%. My husband then qualified to work in the Gulf of Mexico flying to the off-shore oil rigs. He was hired right after Hurricane Katrina and there were no available apartments along the coast of Louisiana. My daughter and I moved back to Utah and I went back to work part-time and saved up for our eventual move. My husband flew home every two weeks and spent about a week home. It was over a year later that we felt like things had calmed down enough that we could move there. We were finally making a comfortable living and could start to think about paying back the student loan. That???s when we learned that the loan had an additional $20,000 added to it in interest. And once we started making regular payments, that $20,000 would turn into principle. We would be paying interest on our interest! We had 6 months to pay off that $20,000. My husband started working overtime and I got serious about keeping a budget. I???m so happy to say that we paid off the $20,000 just in the nick of time! We started into our regular payment schedule. I had every cent budgeted. Anything left over at the end of the month went to the loan. After a few years of working in the Gulf, my husband had an opportunity to work in Utah where we could live around family again. His parents graciously offered to let us live in their basement apartment rent-free so we could pay down our student loan. Shortly after we moved in I received a statement from the loan company showing how much money we would pay if we took the full time (20 years with variable interest) to pay off the student loan. It was over $300,000! We would be a slave to that loan forever! I then made a goal to pay $2,000 a month on the loan. We didn't take vacations. We drove very modest, very fuel-efficient cars. I continued to budget every cent. Other members of his family went on cruises and fun vacations and we decided that when we paid off the student loan, we would take a family cruise to celebrate. 8 years after the birth of our first child, we finally had a second child and I quit working part-time (off and on) for good. Relations with my in-laws started to go bad when my husband???s sister divorced her husband and moved in with her 5 kids. It was time for us to move on. We backed off on the rigorous student loan payments and saved up enough money to put down 20% on a town home of our own. I was 30 years old and had never owned my own home. The day we moved in my husband got a call that he had to leave for Afghanistan the next morning for his next job as a civilian helicopter pilot. He was gone for 9 months. He made good money and we were able to put a little away for a better rainy day fund as well as continue our $2,000 a month loan payment goal. In January 2014 we made our final loan payment of $12,000. We decided to use a portion of our rainy day fund to finish the loan once and for all. It was the best feeling in the world! 7 years later and we paid $112,000 on an $80,000 loan. We immediately began planning for our family cruise. We took our two kids, my parents, and my sister on a Disney cruise to the Bahamas. It was the most wonderful vacation and we appreciated it so much more because of how hard we had to work to get there. Now we are able to plan for our future, to put away money for retirement. Even though my husband makes really good money, we still live in our town home and drive modest vehicles. I would like to save up a big chunk of money to put down on our next home. I???m very proud of our story and how far we have come! Student Loan Debt Overload http://www.daveramsey.com/articles/articleList/category/100423/storyid/103661 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103661 Tue, 17 Feb 2015 12:55:14 CST Like most students in university, my husband (boyfriend at the time) and I didn't think twice about taking on huge amounts of student loans. Not to mention my family encouraged it. I remember being disappointed if I got less money one semester than one of my friends....yah, it was that bad. Well fast forward to graduation in 2011 for me with an undergraduate degree & a masters and my husband graduated in 2009 with a undergrad. We had a combined student loan debt of $110,000 at 5.5% interest + $10,000 in credit card and line of credit debt @7%....YIKES. The sad thing is, like most grads, I felt entitled to get the job I "deserved" and because of that missed some great opportunities and learning experiences. It was not until Feb 2013 when reality smacked me down to earth that my husband and I started going gazelle intense on paying off all of our debts. Its Feb 2015 and we are $25K away from being DEBT-FREE. We also give a tithe to our church are heavily involved in our community and seek God for guidance in everything we do. Thank you so much Dave Ramsey for your teachings. We listen/watch your show regularly and are grateful for your ministry. Dave Says - February 16, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-16 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-16 Mon, 16 Feb 2015 00:02:00 CST I'm 30 and debt-free. Do you think I should stop making contributions to my 401(k) account for a year in order to save up an emergency fund? Slow and Steady http://www.daveramsey.com/articles/articleList/category/100424/storyid/103658 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103658 Sun, 15 Feb 2015 11:34:44 CST I am 30 and single, for the past 10 years I have been spending and saving very carefully. AKA budgeting. Now I have $160,000 saved to buy a house, and $165,000 in retirement accounts. It doesn't happen over night but slowly and diligently you can win with money. I have remained absolutely debt free for the past 5 years as well which has helped with the saving process. The lessons I learned are to never give up and stay on course, doing something well over a period of time will have a positive impact. Wake Up Call http://www.daveramsey.com/articles/articleList/category/100423/storyid/103654 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103654 Sat, 14 Feb 2015 09:35:59 CST After our tax audit, we knew we had to get on the same page and clean up our poor financial management. I was always frustrated with my husband because he wouldnt "step up to the plate" and take charge. After your little Nerd/Free Spirit quiz, it really opened my eyes to our personality types -- we are both Free Spirits, me 80% but him 100%. So what I expected from him was totally out of his character, ability, and knowledge. Since going to Financial Peace two years ago, we are debt free except for the house, our business has exploded, going from $80,000 a year to over $200,000, with residual income booked well into the next 12 years, and growing. Thank you for sharing the blessings of your success. Learning from the Master, we are now able to help others onto their own path to success and financial stability. We are master general agents and own a health insurance agency with 46 agents, 4 agencies. We have no employees and all payments are 1099 by the carriers. By doing things the right way and taking care of others, we now receive agents from our principle carriers and are the envy of our competitors. Thank you for teaching us that Doing the Right things, treating others with kindness and respect as our Lord has taught, is the way to great success. My question is, as a sub S corp, we are investing within the corporation instead of moving the money into personal income. Does it matter where we invest, in the business accounts or personal accounts? We have 10 years on a 15 year mortgage, and think we can pay it off in 3 years. Is this a mistake at our age (He is 58 and she is 62)? We plan to work until age 70. Although we only have $100,000 in retirement, we know that our residuals will be $20,000 a month over the next 10 years, conservatively. Should we put more into investments and keep on track with the house over 10 years, or accelerate the house payment and keep to the 15% into savings? We owe $200,000 on the house which is appraised at $525,000. Thank you Dave ! And may your life continue to be a blessing to others! Not so Typical 25 Year Old http://www.daveramsey.com/articles/articleList/category/100424/storyid/103635 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103635 Wed, 11 Feb 2015 10:52:43 CST When I turned 23 I took over the payments on my dad's car so I would have a vehicle. In 2013 he "surprised me" with a "birthday gift" of lowering my car payments. When I asked him how, he told me he refinanced the car!! How does that help me? Now I am paying less per month but I am paying more money over all? It was so close to being paid off, now I have another $2,000 to pay off. Being a 25 year old full-time student working in ministry as a media producer my budget was tight already. After falling behind on payments on the car, and insurance and other areas I took was given the opportunity to take FPU. Through this class I learned how to budget, and make my money work for me. After just one year of consistent car payments and saving, I was able to take my taxes and pay off the remaining $1600 dollars for the car!! Now I can begin throwing money to my student loans which is the only thing I have left, entering into my marriage in 8 months!! Thank you Dave Ramsey!! Allllllmost there! http://www.daveramsey.com/articles/articleList/category/100424/storyid/103641 http://www.daveramsey.com/articles/articleList/category/100424/storyid/103641 Wed, 11 Feb 2015 04:04:28 CST After living check to check for years, I finally - at 40! - decided to take control of my finances. My now-husband and I were talking about money in October and I broke down and admitted I was $10500 in debt for no good reason. He offered to loan me the money, interest free, if I agreed to a payment schedule and a budget. I've listened to Mr. Ramsey for a long time and the budget seems absolutely key to taking control, so I agreed. I'm happy to report that in five months, I only have $2000 left on the loan AND I've paid my half of our small wedding and honeymoon expenses! I'm on-track to be totally debt-free by March. I can't even tell you how good this feels. My money will finally be MY money. And while I obviously thank my husband, it wouldn't have even seemed possible had I not been listening to Mr. Ramsey. Dave Says - February 9, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-09 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-09 Mon, 09 Feb 2015 11:02:41 CST I'm retired, and currently I have about five percent of my retirement savings in gold and silver ... ENTRELEADERSHIP SUMMIT PROVIDES BUSINESS LEADERS WITH VALUABLE INSIGHT INTO GROWING AND LEADING THEIR BUSINESS http://www.daveramsey.com/press-release/entreleadership-summit-provides-business-leaders-with-valuable-insight--into-growing-and-leading-their-business http://www.daveramsey.com/press-release/entreleadership-summit-provides-business-leaders-with-valuable-insight--into-growing-and-leading-their-business Thu, 05 Feb 2015 15:02:37 CST Business leaders from around the country will hear from some of the most influential names in business and leadership at the EntreLeadership Summit, May 11 to 14, 2015 in San Diego at The Omni La Costa Resort and Spa. Dave Says - February 2, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-02 http://www.daveramsey.com/davesays/column/column/dave_says_2015-02-02 Mon, 02 Feb 2015 10:02:18 CST I'm debt-free except for my home, and I'll have that paid off in about 12 months ... Dave Says - January 26, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-26 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-26 Mon, 26 Jan 2015 10:01:51 CST I've been following your plan, and I'd like to find a way to make a little more money on the side ... “THE DAVE RAMSEY SHOW” THIRD LARGEST TALK RADIO SHOW IN THE UNITED STATES http://www.daveramsey.com/press-release/the-dave-ramsey-show-third-largest-talk-radio-show-in-the-united-states http://www.daveramsey.com/press-release/the-dave-ramsey-show-third-largest-talk-radio-show-in-the-united-states Thu, 22 Jan 2015 11:01:38 CST “The Dave Ramsey Show” is now available on more than 550 radio affiliates and is heard by more than 8.5 million listeners weekly. Dave Says - January 19, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-19 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-19 Mon, 19 Jan 2015 09:01:00 CST My mom and dad always told me to live below my means, but they never showed me how to make it happen ... Dave Says - January 12, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-12 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-12 Mon, 12 Jan 2015 11:01:10 CST I follow you on Twitter, and I was wondering if you recommend buying an umbrella policy ... Follow up and keep your records! http://www.daveramsey.com/articles/articleList/category/100423/storyid/103356 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103356 Tue, 06 Jan 2015 03:38:47 CST I cancelled a gym membership because I was moving away. I called the company, faxed a copy of the lease as I was instructed, and decided all was squared away. Three years later, I got a call from a law office prepared to sue for the $3,000 left on the contract. They had no record of my calling to cancel or faxing the lease, and I had no record of having done so. I hadn't followed up and assumed everything was hunkey-dorey instead of requesting and keeping confirmation. Dave Says - January 5, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-05 http://www.daveramsey.com/davesays/column/column/dave_says_2015-01-05 Mon, 05 Jan 2015 00:01:00 CST How do I get my girlfriend to take a more active role in planning a family budget? We're getting married in a few months ... Dave Says - December 29, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-12-29 http://www.daveramsey.com/davesays/column/column/dave_says_2014-12-29 Mon, 29 Dec 2014 10:12:41 CST My husband and I are debt-free except for our home, and we have about $100,000 in savings. Recently, one of our daughters ... Living like Everyone Else http://www.daveramsey.com/articles/articleList/category/100423/storyid/103322 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103322 Mon, 29 Dec 2014 01:30:34 CST Like most of the people I knew, I racked up quite a hefty amount of student loan debt during undergrad and grad school. (I also didn't question my undergrad college professors who insisted that none of us would be employable without a graduate degree, which is a whole other Stupid Tax!). Right now I'm a little over 5 years out of school and decided to check the payoff of my student loans when I discovered two very important facts. Firstly, my smaller student loan ($5k) which I thought had a locked in interest rate is actually a variable rate loan and the interest rate increased 4% in one month. Secondly, my larger student loan's ($40k) minimum payment wasn't even covering the interest on the loan!!! On a 20 year payment plan!!!! The saddest part is that it took me HOURS to figure out this information because of how counter-intuitive the website was designed, so unless someone actually goes in search of this information, they'll never figure it out. I used to think that everyone had a student loan payment, along with a car payment and a mortgage payment, but I'm done living like everyone else! I'm now on a super strict budget, living on beans and rice and rice and beans, and paying more than half of my income to my debt every month. And right now I'm on target to have all but my large student loan paid off by the end of Summer 2015 and all of my debt paid off by Summer 2017 if I stay Gazelle Intense. Bankruptcy to Financial Freedom http://www.daveramsey.com/articles/articleList/category/100423/storyid/103246 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103246 Wed, 17 Dec 2014 11:58:03 CST I walk two miles every day while listening to Dave's podcasts on my cell phone. I enjoy the Debt Free Screams and advice and callers' questions. In 1986 I filed bankruptcy. It was the saddest day and I remember the hour, the minute and the day vividly. Telling those who trusted me that I could not repay them, that I would cheat them, when honesty, truthfulness, was all that I had prided myself upon, hurt me deeply. Nevertheless, I repaid everyone once the bankruptcy ended. I started a new career, a successful "restart", ate "beans and rice and rice and beans" and turned my life around. Today I am retired, with more than enough money to enjoy life, and do enjoy life. All of it done basically just as Dave shares with you. I know the emotional depths of financial loss and all the bliss of recovery. Anyone can do this no matter how deep in the hole you think you are, you can climb out. Just do as Dave tells it, read and study, and you will be fine. Merry Christmas and best wishes to all. THEY STOPPED LAUGHING. http://www.daveramsey.com/articles/articleList/category/100423/storyid/103131 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103131 Sun, 07 Dec 2014 06:26:20 CST A friend recommended your book, The Total Money Makeover about 10 months ago. I read it and immediately apologized to my husband for our financial situation. I was in charge of all of the bills. He thought I was a crazy woman when I finished reading it! We both sat down and started our new financial life. Family and friends laughed at us and said it wouldn't work. Now, 10 months later, we are very much on our way to becoming debt free, and those who laughed are now on your budget. We pay cash for everything, plan months ahead for holidays, paid off our vehicles and pay weekly on our debt balances. We struggled weekly for years. We have 5 kids and we were drowning. I have posters hanging of our debt snowball plan, our kids are learning the importance of financial freedom, we are less stressed, and so very thankful for beginning this journey. It is the best thing we have ever done for our family! The best part..I get calls to help others with their budgets, I recommend your books, and the sound of laughter has turned into praise and encouragement. We "live like no one else" and couldn't be happier! DAVE RAMSEY’S THE LEGACY JOURNEY OFFERS A RADICAL VIEW OF BIBLICAL WEALTH AND GENEROSITY http://www.daveramsey.com/press-release/dave-ramseys-the-legacy-journey-offers-a-radical-view-of-biblical-wealth-and-generosity- http://www.daveramsey.com/press-release/dave-ramseys-the-legacy-journey-offers-a-radical-view-of-biblical-wealth-and-generosity- Tue, 21 Oct 2014 09:10:51 CST New York Times bestselling author and nationally syndicated radio talk show host, Dave Ramsey releases The Legacy Journey, the new book that takes readers deep into God’s Word revealing His perspective on wealth. Fathom Events Brings New York Times Best-Selling Authors Dave Ramsey and Rachel Cruze’s ‘The Legacy Journey’ to Select Cinemas Nationwide on November 19 http://www.daveramsey.com/press-release/fathom-events-brings-new-york-times-best-selling-authors-dave-ramsey-and-rachel-cruzes-the-legacy-journey-to-select-cinemas-nati http://www.daveramsey.com/press-release/fathom-events-brings-new-york-times-best-selling-authors-dave-ramsey-and-rachel-cruzes-the-legacy-journey-to-select-cinemas-nati Mon, 20 Oct 2014 13:10:43 CST Inspirational Event Will Focus on Keys to Building Wealth, Raising Financially Savvy Children, True Generosity and More DAVE RAMSEY’S FINANCIAL PEACE UNIVERSITY CELEBRATES 20 YEARS OF CHANGING LIVES http://www.daveramsey.com/press-release/dave-ramseys-financial-peace-university-celebrates-20-years-of-changing-lives http://www.daveramsey.com/press-release/dave-ramseys-financial-peace-university-celebrates-20-years-of-changing-lives Tue, 12 Aug 2014 10:08:32 CST New York Times best-selling author and personal finance expert Dave Ramsey is celebrating the 20th anniversary of Financial Peace University. WINNERS ANNOUNCED IN DAVE RAMSEY’S FINANCIAL LITERACY CHALLENGE SCHOLARSHIPS http://www.daveramsey.com/press-release/winners-announced-in-dave-ramseys-financial-literacy-challenge-scholarships- http://www.daveramsey.com/press-release/winners-announced-in-dave-ramseys-financial-literacy-challenge-scholarships- Wed, 09 Jul 2014 10:07:39 CST Dave Ramsey’s Foundations in Personal Finance announces the three winners of the $5,000 scholarships awarded in the Financial Literacy Challenge. MORE THAN 1.5 MILLION HIGH SCHOOL STUDENTS GET FINANCIAL EDUCATION THROUGH DAVE RAMSEY’S FOUNDATIONS IN PERSONAL FINANCE COURSE http://www.daveramsey.com/press-release/more-than-15-million-high-school-students-get-financial-education-through-dave-ramseys-foundations-in-personal-finance-course http://www.daveramsey.com/press-release/more-than-15-million-high-school-students-get-financial-education-through-dave-ramseys-foundations-in-personal-finance-course Thu, 05 Jun 2014 16:06:15 CST More than 1.5 million high school students have used Dave Ramsey’s Foundations in Personal Finance curriculum nationwide. Ramsey offers Foundations in Personal Finance for high school students to learn more about how to better manage their finances and build wealth so they can have a solid financial future. DAVE RAMSEY HOSTS CONFERENCE TO HELP PEOPLE LIVE SMART http://www.daveramsey.com/press-release/dave-ramsey-hosts-conference-to-help-people-live-smart http://www.daveramsey.com/press-release/dave-ramsey-hosts-conference-to-help-people-live-smart Tue, 20 May 2014 13:05:41 CST New York Times best-selling author Dave Ramsey will host the Smart Conference on Saturday, November 1, 2014 at Shrine Auditorium in Los Angeles, Calif. $54,000 In 17 Months! http://crc.daveramsey.com/?event=dspTestimony&intContentId=9479 http://crc.daveramsey.com/?event=dspTestimony&intContentId=9479 Tue, 18 Mar 2008 00:03:00 CST In total, we paid off <b>$54,000 in 17 months!</b> Thanks Dave for your ministry! The crowns you will be able to lay at the Masters feet one day will be incredible! Single Dad Now Debt Free! http://crc.daveramsey.com/?event=dspTestimony&intContentId=9474 http://crc.daveramsey.com/?event=dspTestimony&intContentId=9474 Tue, 18 Mar 2008 00:03:00 CST Dave, <b>I did it</b>!!! As <b>a single father</b> of 2 wonderful boys (ages 5 & 7), I thought it would be impossible, but 24 months later... <b>I'M DEBT FREE!!!!!</b> I Can't Wait to Lead My Own Class! http://crc.daveramsey.com/?event=dspTestimony&intContentId=10112 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10112 Fri, 20 Jul 2007 00:07:00 CST Jenna just graduated from FPU, but she's already looking forward to leading classes in the near future! We Are Now Better than We Deserve! http://crc.daveramsey.com/?event=dspTestimony&intContentId=10126 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10126 Fri, 23 Mar 2007 00:03:00 CST Our only regret is that while watching the FPU videos over and over, we realize how much stupid tax we have paid! We learned to buy only big, big bargains! http://crc.daveramsey.com/?event=dspTestimony&intContentId=10135 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10135 Wed, 10 Jan 2007 00:01:00 CST FPU Coordinators Joe and Alicia describe the blessings they have received since finding Financial Peace. I Committed My Life to 2 Things http://crc.daveramsey.com/?event=dspTestimony&intContentId=10141 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10141 Wed, 23 Aug 2006 00:08:00 CST Rick shares his testimony and journey of committing his life and being an FPU coordinator. FPU Is A Great Way To Meet New People! http://crc.daveramsey.com/?event=dspTestimony&intContentId=10142 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10142 Thu, 27 Jul 2006 00:07:00 CST The McCords attended FPU at a different church in the community and have benefited from the course in multiple ways! FPU Taking Living to the Next Level http://crc.daveramsey.com/?event=dspTestimony&intContentId=10148 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10148 Mon, 20 Mar 2006 00:03:00 CST After FPU took Stephanie's "commitment to debt-free living to the next level," she lead a course and now shares an incredible story from a couple in her class. Online Potluck Highlights http://crc.daveramsey.com/?event=dspTestimony&intContentId=10152 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10152 Tue, 29 Nov 2005 00:11:00 CST Here are a few of the stories from the celebration for you to enjoy. You can read them all by signing into the Community and entering the Fellowship Hall. No AC? No Sweat, thanks to FPU! http://crc.daveramsey.com/?event=dspTestimony&intContentId=10153 http://crc.daveramsey.com/?event=dspTestimony&intContentId=10153 Tue, 04 Oct 2005 00:10:00 CST "I am SO thankful that the course was offered at my church and that I had the opporunity to enroll." Difference in Debts? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130013 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130013 2015-03-04 00:00:00.0 Lex needs help explaining to his wife the difference in taking on debt to buy a car and having a mortgage. Dave helps him with this, and explains his view on debt. Biblical Submission? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129995 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129995 2015-02-13 00:00:00.0 Darcy wants to stay debt-free, but has trouble saying no to her husband's purchases. She asks Dave about the biblical definition of submission. No Safety Factor In Gold https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129928 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129928 2015-02-06 00:00:00.0 Steve is retired, and he has about five percent of his retirement savings in gold and silver. He calls in from Denver, CO, to ask Dave if he should hang on to these investments, even though prices have declined, so he'll have something of value if the economy goes bad quickly. Steve looks at the investment as a safety factor, but Dave has some news for him. Keep Flood Insurance? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129900 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129900 2015-02-06 00:00:00.0 Trudy calls in from Tampa, FL, to ask Dave if she should keep her flood insurance policy. She's on course to become completely debt-free in a few months, and is wondering if she'll need the insurance at that point. Generating Passive Income https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129833 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129833 2015-02-06 00:00:00.0 Taiwan from Phoenix, AZ, asks Dave for some ideas on generating passive income. Dave advises Taiwan not to get involved with get-rich-quick schemes, and explains the term "passive income." How To Help A Friend https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129793 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129793 2014-12-17 00:00:00.0 Gina in Texas is trying to help a friend who is going through financial and job difficulties. Dave gives her his take on the matter, and says the friend needs to do more to make things happen. Don't Drop Coverage https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129762 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129762 2014-12-10 00:00:00.0 Kim's daughter is having health issues. She wonders if they should drop full automotive coverage to help save money. Offered A Timeshare https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129417 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129417 2014-09-04 00:00:00.0 Jill's friends have offered her an opportunity to buy an older timeshare on the beach. See what Dave thinks. Stop Retirement, Pay House? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129373 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129373 2014-08-19 00:00:00.0 Kaylie and her husband wonder if they should stop saving for retirement in order to pay off their house sooner. More Life Tools https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129295 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129295 2014-07-30 00:00:00.0 Cammie and her husband are trying help a young relative start his life out on the right track - again. She asks Dave for help teaching and motivating the young man.