Dave Ramsey http://www.daveramsey.com/ Real Life Money Stories en-us Fri, 03 Jul 2015 12:07:15 CST 180 Saturday Sunday Dave Says - June 29, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-29 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-29 Mon, 29 Jun 2015 09:06:38 CST Where should you save for large expenditures when you're doing the Baby Steps? It's Never Too Late http://www.daveramsey.com/articles/articleList/category/100424/storyid/104186 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104186 Sun, 28 Jun 2015 02:59:07 CST LIke Dave says, "You can wander into debt, but you can't wander out!" My husband Bob and I wandered financially for 24 years of marriage, always trying to out-earn our stupidity. By the grace of God, we found Dave's program and began to implement it. We had good retirement savings and relatively little debt, but by following Dave's Baby Steps, we cleaned up what debt we had and built our cash savings. We eliminated "stupid" for good! Along the way we improved our communication and respect for one another. Now we are doing more than hanging on until retirement; we're actually enjoying our present! We are feeling a greater sense of freedom and security than we had previously known. And we see God's Hand more clearly in our daily lives. How can you beat that? Thank you, Dave! Dave Says - June 22, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-22 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-22 Mon, 22 Jun 2015 10:06:33 CST I'm currently a senior in college. I'm completely debt-free right now, and I am wondering what I should do to stay this way after graduation ... Debt Free!!! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104164 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104164 Thu, 18 Jun 2015 09:40:00 CST ???The rich rule over the poor, and the borrower is slave to the lender.??? Proverbs 22:7 (NIV) This bible verse was inspiration to pay off our student debt as soon as we could. We decided to be more aggressive on the loans about two years ago and were successful in paying off $55,000 in that time-frame. Now we are debt free and our next step is to get into a house. We are quickly learning that being debt free is challenging in getting approved for a mortgage since we have no credit scores but it is comforting to know that God has the perfect house picked out for us if we are willing to be patient. The ???world??? can tell us to go into debt in order to gain credit but we do not agree with that approach. Thanks to Dave Ramsey???s Financial Peace University, we gained confidence and knowledge on how to prioritize our finances. We pray that our accomplishment will encourage others that it is possible to live debt free and it has its rewards! In God???s love, Josh & Tiffany Cousino Seven years later.... http://www.daveramsey.com/articles/articleList/category/100424/storyid/104144 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104144 Tue, 16 Jun 2015 11:00:37 CST I remain the poster child for FPU. I was a broke single mom of a child with health issues, fresh out of an abusive marriage that left me with over $100K in debt on a small salary. Our pastor introduced FPU to our church - and the rest is history. It took years to dig out of debt, but I finally became debt free. Fast forward seven years: I have quadrupled my salary, drive a paid-for Volvo, have a 6 month emergency fund, manage my own investments, and recently went on a Hawaiian vacation. But the best part is being able to "give like no one else" and support my church and various charities and individuals. My mid-life crisis is in radical giving! Stick with it folks - this works! Thanks, Dave! Dave Says - June 16, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-16 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-16 Tue, 16 Jun 2015 00:06:00 CST My wife and I are in our twenties. We have no debt and $50,000 in the bank. Our income is $90,000 a year, and we're cautious to live on less than we make ... ESCAPE THE CAR LOAN!!! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104143 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104143 Mon, 15 Jun 2015 09:42:07 CST We have followed your plan for several years and 3 years ago we were totally debt free, including our mortgage. It felt so good not to owe anyone anything.!! However, we recently needed to replace our 15 year old car. We went to the dealer and were very tempted to purchase a brand new car. It smelled so good, it rode like a dream; it was even the color I liked. But it would require us to have a loan. We went to another dealer where my husband found "his" car. It too was everything we wanted and then some. It also required a loan .We left the dealer in the old car. I began praying that God would provide a car for us. A few weeks later we learned that a relative was selling their 2 year old SUV with low mileage and in great condition. We went to look at it and it had everything we needed. It was in great shape, but more importantly, we could pay cash. And we did!! So now we have a newer, reliable car without any payments. Dave, the real kicker to this story is the car's model and color. It is a Ford ESCAPE (ESCAPE FROM DEBT!!!!) and the color of the car is GREEN (THE COLOR OF MONEY!!!!) Now I can laugh all the way to bank when I make my DEPOSIT, not the payment!!!! $72,000 paid off in 7 years! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104140 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104140 Fri, 12 Jun 2015 09:38:25 CST Today I made my last student loan payment and can finally scream (or type) the words I've longed to say, "IM DEBT FREE!" I graduated in 2008 with $72,000 in student loan debt and a degree in American Studies and the dreamy plan to join the peace corp. I began to feel anxious that i would be taking off two years and not making an income with debt looming in my future. I gave it a lot of thought and decided with crushing disappointment and disillusionment that joining the Peace Corp was not the way to go and I instead had to work my butt off, putting my dreams on hold. And so for the past seven years I have worked as a home health aide, a housemother, an office manager, a waitress and nanny. Some weeks i worked 60+ so i could whittle the debt away. It was HARD, really really hard. I had to turn down countless invitations, dinner and drinks with friends and the feeling that it was to big a goal to achieve. As Dave says, I truly felt at times i was living like no one else and kept reminding myself that it would all be worth it. And it is!!! The peace and joy i feel today having made my last payment is priceless. The shackles are off and now I can pursue work i find fulfilling and not worry about money anymore. What a blessing and gift! Thanks Dave for your ministry, it has changed my life! 500 pounds is just toooo fat. http://www.daveramsey.com/articles/articleList/category/100423/storyid/104139 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104139 Fri, 12 Jun 2015 04:43:01 CST At age 25, with an income of close to $200k, the concept of earning a large salary lead me to believe I would become wealthy, by simply - earning income. Much of it was spent on 'stupid tax' items... New car, consumer debt, etc.. No plan - No strategy. I was in approx $75k debt with a new mortgage on top of that. When I came across Dave's TMMO book I was completely speechless at how obvious the steps are to building wealth and how I was completely going about this the wrong way. I have 2 credit cards, both on interest free purchases - mainly for furniture/house items, you know - with '50 months interest free'... So I was paying $100 or so on a balance of $8000, making very little headway. I had a brand new car loan for my truck of close to $50k, with monthly payments of $820, and a further personal loan of $20k or which I needed to get out of a huge loan borrowed to 'gamble' in the stock market, I bought high - sold low. Literally, the TMMO book felt as if it was my story... The bad parts anyway. Within 15 months, I was debt free. Sold the car and bought a paid for used car from my dad with 120,000km on it for $5000. Closed my credit card accounts, and now have 1 mastercard debit card. I have $30k in savings for a rainy day (approx. 5m months expenses) Am saving $35k per year for retirement, am saving $5k for my 2 young children and am paying all available money into my mortgage approx. $5k/month. We are living on approx. 37% of my income and am making significant headway after the TMMO has changed my families life. I hope to be able to transition to a more suitable work/life job by age 33-35, debt free and living life to the fullest. Thank you Dave, I often listen to TMMO to remain focussed on the task at hand. Putting it down on paper (at age 64) http://www.daveramsey.com/articles/articleList/category/100424/storyid/104119 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104119 Wed, 10 Jun 2015 07:29:43 CST Finally my husband and I are doing a written budget, and, although we are "late to the party", doing a written budget has really paid off over the last 3 years. Hearing those victorious debt-free screams inspired us to seek that kind of victory for ourselves, and, incredibly, by finding $900 we didn't realize we had, we've wrestled our 30-year mortgage to the ground, and as of this month we are only 30 months away from pinning it! The Every Dollar budget form is icing on the cake: no more scrawling on the backs of envelopes or using loose-leaf paper to calculate columns of figures as we attack remaining debt using the no-nonsense, zero-based budget. Back on Track http://www.daveramsey.com/articles/articleList/category/100424/storyid/104116 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104116 Tue, 09 Jun 2015 11:16:44 CST I learned of Dave Ramsey after searching the internet for budgeting forms. I was divorced, after 20 years of marriage, and the ex refused to contribute toward the marital debt as well as personal debt he accummlated post divorce ($10K on a cc I didn't know he knew about...it had zero balance prior to him finding it). I had paid off $35k of marital and personal debt in 3 years! I told myself if I can do this, I can pay myself. That's when I stumbled across the DR website and found the inspiring success stories. I was on the road to be debt free, except for mortgage. Then I found myself in a new relationship, with a man who had my former mindset regarding debt and budgeting. Well, I allowed myself to get derailed...I purchased a newer (but used) car vs following my plan and saving so I could pay cash. I LOVE my newer car, but I wasn't in love with the new car note. Then I had another AHA moment, when I do my zero-based budget **I** tell my money what to do! Although my boyfriend's intentions are good...I found that I was making decisions (so as to not disappoint him), but were working against my goals. I realized **I** was still in control of directing my money. I knew I wanted to live my life differently, which is to live debt free and retire with dignity. So, I kindly started re-using the phrase that helped me pay off $35K..."it's not in my budget" or "I'll have to hold off until next month and include it in my budget." Two things happened as a result of getting MYSELF back on track. First, the BF is loosely working a budget for himself. He still fights with that beast - instant gratification, but he was so proud of himself when said to me, "I budgeted my money this month that I didn't overspend and was able to make my bill payment on time, because I had the money!" I was overjoyed for him (and us, as I want him to cross over to the Dave side on his own accord). Second, getting back on track, I buckled down and paid off the last of my student loans last week, $4K in 2 months. I do have baby step 1 complete and since I have most of my debt repaid, I'm going to jump out of order doing the baby steps, and get my emergency fund fully funded in the next 2-3 months. Being single, this extra cushion makes me feel more secure. THEN I will get laser focused on the car note, and finally the mortgage. My goal is to be COMPLETELY debt free in 5 years. Dave Says - June 9, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-09 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-09 Tue, 09 Jun 2015 00:06:00 CST We're debt-free including our home. My husband is a man of faith, but a bit of a dreamer ... Half Way to Debt Free at 24 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104113 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104113 Mon, 08 Jun 2015 02:34:10 CST I graduated December 2012 with $24,500 in student loans and have always paid extra with bonuses or tax refunds and thought that was enough. In January of 2015 my boyfriend and I started planning our future together in terms of savings/debt repayment/retirement goals (he's debt free). We found Dave on the iTunes store and started listening every day. I had $14,400 remaining on my loans and decided that it was really important to my/our future for me to go crazy and I just sent in my final payment this morning!! When I was 22 I bought a small fixer-upper (20% down, no PMI, healthy emergency fund). My dad and I put in a lot of the work ourselves and borrowed money from my aunt for the materials ($14,000) and when the project was done I took out a HELOC to pay my aunt back. This is my next debt to tackle and am on track to have it done by December 2015. Before January I was maxing out my SIMPLE IRA and have stopped contributing until I'm out of debt. Income started at $32,000 right out of school, up to around $59,000 now. I fell for an internet scam http://www.daveramsey.com/articles/articleList/category/100423/storyid/104111 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104111 Sun, 07 Jun 2015 08:08:21 CST I check craigslist frequently to make extra money (side hustles). I've done two focus groups within the last 2 years and earned $175. Not a lot, I know, but every little bit helps. Somehow last year I fell victim to a Western Union scam. My parents had recently gifted me with $10,000 for my birthday. I put $5,500 in a Roth IRA and the rest in savings. But I got a counterfit check in the mail after providing my address to this online scammer. Not thinking, I did a mobile deposit on my phone, and the check seemed to "clear." In the meantime, I was instructed to withdraw $1,700 from the account and send it via Western Union to a woman in North Carolina (who I didn't know). I stupidly did all this - why didn't I question that there was a mistake on the check and bring it directly to the bank to see if it was a fake? Why did I just send the money to some random person in North Carolina? A lapse in my thinking, obviously. So, along with a nearly $200 Western Union transfer fee, I was out around $1,850. I involved the police both where I live and in North Carolina, but the money had already been sent out of the country. I was scammed and couldn't do anything about it. I definitely paid through the nose with that one, especially after the check bounced several days later. To add insult to injury, I was charged $10 by my credit union for cashing a fraudulent check! 24 years old and DEBT FREE! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104107 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104107 Fri, 05 Jun 2015 09:34:44 CST My husband, Justin, and I have been married for one year this month and we just sent in our last payment on his student loans!! We paid off $30,000 in 18 months! He was paying the minimum payments for 6 months until we got married and after taking FPU and combining our income (household around $55,000), we attacked those loans! We said no to resturants, vacations, and sometimes friends because we were putting every extra dollar towards his loans. We are currently renting and it was really hard to see our friends buying homes. But now we can begin to save for a down payment! We were committed to each other and starting our marriage off the right way. We have never had a money fight because we are on the same page with the budget and what our financial goals are. We feel such freedom and can't wait to start year two of our marriage DEBT FREE!! Thanks for the motivation!!!! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104087 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104087 Wed, 03 Jun 2015 01:20:03 CST Hi Dave, thank you SO MUCH for your continued motivation. I read "The Total Money Makeover" a few years ago and thought "Wow, there are some great tidbits here", then proceeded to put it on the shelf where it collected dust for a few more years. Last fall, after having the umpteenth argument about why we were continuing to overdraft on our checking account, we realized we were just sick and tired of being sick and tired. I pulled your book off of the shelf, blew the dust off of it, and began to read it again. This time, it stuck. Creating the budget was incredibly eye-opening. And empowering! Finally, finally (!), we were able to see where our dollars were going. And finally (!!), we were able to map out a road to get us to our financial goals - Baby Steps 1 and 2. We were able to save up for our Emergency Fund quickly and have since been socking every extra penny towards our debt. We still have a very large mountain to climb out of - our original debt is $210,000 and consists of student loans, credit cards, two vehicles, two loan consolidations, family loan, and a second mortgage. We've paid off the credit cards and are making big dents in the second mortgage (which we need to pay off by July 2016 before our first mortgage's variable kicks in). All told, we've paid just over $27,000 in seven months. With the debt snowball approach mapped out, and assuming Murphy doesn't come to visit, we are aiming to be DEBT FREE by December 2017. We can't wait to do our debt-free scream on your show, Dave. Thank you again for sharing your stories and advice, you have been such a blessing. Dave Says - June 1, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-01 http://www.daveramsey.com/davesays/column/column/dave_says_2015-06-01 Mon, 01 Jun 2015 10:06:24 CST I've been in my current job for five years. I've also had a second job for three of those years, but now I'd like to make a change ... Dave Says - May 26, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-26 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-26 Tue, 26 May 2015 08:05:09 CST I recently applied for life insurance for the first time with a child rider. The insurance company denied my request ... Crashed and burned http://www.daveramsey.com/articles/articleList/category/100423/storyid/104059 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104059 Mon, 25 May 2015 06:57:36 CST Graduated from school in 2007 thought I can buy a 325k house with 100% financing. I got a better job making more money which required me to move out of state. Thought I could sell the house and ended up foreclosing. Had to make a deal to pay off collections and borrow it from my 401K to avoid lawsuit and court. I paid serious penalties. I figured I was still young enough to make the money back. Today I am better. I had almost 150k debt and now I'm on my way 38k left in student loans. I can hear a debt free scream in the near future. I am truly blessed. Dave has given me the advice and knowledge my parents never gave me. DAVE RAMSEY HOSTS SMART CONFERENCES IN PHOENIX AND DENVER THIS FALL http://www.daveramsey.com/press-release/dave-ramsey-hosts-smart-conferences-in-phoenix-and-denver-this-fall http://www.daveramsey.com/press-release/dave-ramsey-hosts-smart-conferences-in-phoenix-and-denver-this-fall Tue, 19 May 2015 16:05:41 CST New York Times best-selling author Dave Ramsey will host the Smart Conference in Phoenix and Dallas this fall. Dave Says - May 18, 2015 http://www.daveramsey.com/davesays/column/column/dave_Says_2015-05-18 http://www.daveramsey.com/davesays/column/column/dave_Says_2015-05-18 Mon, 18 May 2015 10:05:15 CST I have a question about budgeting. I give myself and my husband $150 a month each for blow money to be used on whatever we want ... Ramsey Solutions Launching Christian Financial Radio Show on Salem's Christian Radio Stations http://www.daveramsey.com/press-release/ramsey-solutions-launching-christian-financial-radio-show-on-salems-christian-radio-stations http://www.daveramsey.com/press-release/ramsey-solutions-launching-christian-financial-radio-show-on-salems-christian-radio-stations Wed, 13 May 2015 15:05:07 CST Ramsey Solutions is entering the Christian radio space, and has joined forces with Salem Media Group (NASDAQ: SALM) to initially launch in twenty of its major markets including Dallas, Houston, Philadelphia and Atlanta. Dave Says - May 12, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-12 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-12 Tue, 12 May 2015 00:05:00 CST My husband and I have been following your plan. We just paid cash for our new home after selling the old one, so we ... Dave Says - May 5, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-08 http://www.daveramsey.com/davesays/column/column/dave_says_2015-05-08 Tue, 05 May 2015 10:05:19 CST My wife and I go to a small church where we tithe. The church is continually asking for contributions to other charities and causes ... No Zero base.... http://www.daveramsey.com/articles/articleList/category/100423/storyid/103990 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103990 Fri, 01 May 2015 09:16:27 CST I have been using the envelope system for 3 years now and take out what I need to cover the bills for each category and do not really pay much attention to them as it has become auto pilot, money in - money out. Just today I took a second and counted what was in all my envelops... $3690 guess I need to reevaluate my zero based budget and use the almost 4 grand more effectively.(ROTH here I come) But in the end I guess this is the best kind of stupid tax you can have. DAVE RAMSEY ANNOUNCES STOPS ON HIS FALL 2015 ENTRELEADERSHIP ONE DAY TOUR http://www.daveramsey.com/press-release/dave-ramsey-announces-stops-on-his-fall-2015--entreleadership-one-day-tour http://www.daveramsey.com/press-release/dave-ramsey-announces-stops-on-his-fall-2015--entreleadership-one-day-tour Thu, 30 Apr 2015 13:04:41 CST Nationally syndicated talk radio show host and New York Times best-selling author, Dave Ramsey, presents EntreLeadership One Day in four cities this fall. Dave Says - March 27, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-04-27 http://www.daveramsey.com/davesays/column/column/dave_says_2015-04-27 Mon, 27 Apr 2015 10:04:57 CST I was recently notified that I am one of the beneficiaries of a class action lawsuit against a previous employer ... DAVE RAMSEY’S SMART MONEY TOUR ANNOUNCES FALL 2015 STOPS http://www.daveramsey.com/press-release/dave-ramseys-smart-money-tour-announces-fall-2015-stops http://www.daveramsey.com/press-release/dave-ramseys-smart-money-tour-announces-fall-2015-stops Thu, 16 Apr 2015 13:04:18 CST New York Times best-selling author and personal finance expert Dave Ramsey announces stops on his Smart Money tour this fall. Silly but true http://www.daveramsey.com/articles/articleList/category/100423/storyid/103898 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103898 Sun, 12 Apr 2015 08:29:24 CST I went to an expensive private school in 2007 my first year of college and downgraded to community college a year later due to finances. After moving states a few times I finally got my undegrad degree in 2014 paying completely out of pocket for all the education (post the first school I went to). My father told me not to worry about the first year because he had paid it - well fast forward to now I go to buy a car and I find out I have $7000 in loans from this school. I pay the lowest one in full ($1400) to a collections and make sure to get a receipt. As you would expect it doesn't come off my record, it took 3 weeks of phone calls and finally a threatening legal letter to finally get it reported as paid properly. The second loan of about $5,600 I now have down to $1,800 and will have it paid off by June using the debt snowball method. Lessons learned- 1: Never listen to your parents when it involves your finances. Always double check things. 2: Colleges and government subsidized organizations often do not operate ethically and will not report things as paid even when you have full documentation of paying them, unless you threaten to sue them. 3: Dave Ramsey's baby steps are very useful even when you don't think you have any debt. DAVE RAMSEY CELEBRATES NATIONAL FINANCIAL LITERACY MONTH WITH THE FINANCIAL LITERACY CHALLENGE http://www.daveramsey.com/press-release/dave-ramsey-celebrates-national-financial-literacy-month--with-the-financial-literacy-challenge http://www.daveramsey.com/press-release/dave-ramsey-celebrates-national-financial-literacy-month--with-the-financial-literacy-challenge Thu, 09 Apr 2015 16:04:09 CST NASHVILLE, Tenn. —To celebrate National Financial Literacy Month, New York Times best-selling author and nationally syndicated radio talk show host Dave Ramsey is inviting high school students across the country to test their personal finance knowledge by taking The Financial Literacy Challenge. Insurance didn't pay http://www.daveramsey.com/articles/articleList/category/100423/storyid/103896 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103896 Thu, 09 Apr 2015 05:40:08 CST I had my 3rd child last fall and decided to breastfeed her. I took the breastfeed class at the hospital where a lady in the class suggested that the insurance would pay for a breastpump. They're pricy around $300. So long story short, I called the insurance company jumped through every single hoop from using a provider medical supply company to getting the correct one and everything. I called verified and reverified. I paid for it, they billed insurance the rest. 7 months later Im getting a bill because the insurance won't pay, and the business won't accept the adjusted amount. So now I'm paying again. It was such a headache, lesson learned, just buy what you want from where you want. funny fact, baby won't even take a bottle at all, but I'm still breastfeeding, so it was all stupid tax! NEW EVERYDOLLAR TOOL TAKES THE STRESS OUT OF BUDGETING http://www.daveramsey.com/press-release/new-everydollar-tool-takes-the-stress-out-of-budgeting http://www.daveramsey.com/press-release/new-everydollar-tool-takes-the-stress-out-of-budgeting Mon, 23 Mar 2015 16:03:27 CST Get your household budget in order by using EveryDollar, the newly released, free budget tool from personal finance expert Dave Ramsey. BRAND NEW CLASS HELPS PARENTS RAISE MONEY SMART KIDS IN A DEBT-FILLED WORLD http://www.daveramsey.com/press-release/brand-new-class-helps-parents-raise-money-smart-kids-in-a-debt-filled-world http://www.daveramsey.com/press-release/brand-new-class-helps-parents-raise-money-smart-kids-in-a-debt-filled-world Fri, 20 Mar 2015 09:03:40 CST mart Money Smart Kids, the #1 New York Times best-selling book, is the inspiration for a new class designed to help parents teach children to win with money. FINANCIAL EXPERT CHRIS HOGAN BRINGS RETIREMENT EVENT TO DALLAS http://www.daveramsey.com/press-release/financial-expert-chris-hogan-brings-retirement-event-to-dallas http://www.daveramsey.com/press-release/financial-expert-chris-hogan-brings-retirement-event-to-dallas Wed, 18 Mar 2015 15:03:07 CST Nashville, Tenn. – Chris Hogan, retirement and financial expert, will be presenting his new “Retire Inspired” event in Dallas on April 11 at 9:00a.m. CT at Bent Tree Bible Fellowship. Hogan has helped thousands of people get control of their money during his 20 years in the financial industry, including the past 10 years as part of New York Times best-selling author Dave Ramsey’s team. Now Hogan is taking this message to the stage to give people a step-by-step plan for taking control of their money, and properly preparing themselves for long-term financial success. Too Trusting.... http://www.daveramsey.com/articles/articleList/category/100423/storyid/103793 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103793 Fri, 13 Mar 2015 10:42:15 CST I have 4 children. 3 girls and one boy. The 3 girls all went into the medical field with one becoming a doctor and the other two are nurses. They easily take care of themselves. They have always been honest with me. I spent small amounts of money getting them to where they are, never any waste and money well spent. My son on the other hand was a challenge. First, I paid over $5000 for him to attend the police academy. He finished it and became a cop for about 3 years. But he got bored with the job and claimed it wasn't for him, so he quit. By this time, he's in his late 20's to early 30's. He came to me to borrow money to go to helicopter school as he wanted to ultimately become a med-vac pilot. I was ok with this but the cost of this school was high. I figured it would cost him $60K to get through it. He had a little money saved so I pulled money from my 401(k) to lend to him (first mistake). I lent him $44K and I told him repeatedly that I had to have that money back as it was my retirement. I tried to protect myself as best I could so I had him sign a note to detail the debt between he and my wife. He, myself and my wife all signed it. He started the school and for awhile he seemed to be doing quite well, excelling actually. I was proud of him and believed he might actually pull this off. The training peaks with "Instrument Rating" which he completed, right up to the check-ride flight which he decided to not do. He got past the hardest part of the training and then decided it wasn't for him. So, you guessed it, he bailed on me and literally disappeared for 2 years. He finally surfaced, financially broke and asking for more money, which he didn't get. I'll never get that training money back regardless of the agreement. But it's on me, I should have never ever ever lent it to him in the first place. Emotion took over when I should have looked at how irresponsible he is and not that he is my only son. This has proven to be a very expensive lesson. impulsive car purchase http://www.daveramsey.com/articles/articleList/category/100423/storyid/103791 http://www.daveramsey.com/articles/articleList/category/100423/storyid/103791 Fri, 13 Mar 2015 03:59:52 CST I was debt free except for my student loan. I had been able to purchase a care, thanks to an inheritance. I had a bad experience with the car dealer and was so angry that I sold the car and bought another one. now I have a car payment on a car that I can't afford. I can't work right now due to health issues. I also impulsively went back to college and incurred student debt but never did graduate with a degree in a field that I am totally unsuited to work in-no aptitude or talent for the area. due to a mix up the lender didn't receive my payment so I put a stop payment on the check and spent the money on dumb stuff. then I got upset because someone told me that I didn't have enough to begin investing because I didn't have enough in my emergency fund and I felt like a failure and that I couldn't do anything right. ended up using credit cards to meet every day expenses. I have been able to pay off the 2 credit cards but still have the car payment and the student loan payment. my remaining income is not guaranteed so I am now living in fear, not financial peace and freedom. moral of the story-seek Godly counsel. learn to forgive those who use you in business and don't use that as an excuse for rationalizing or justifying poor financial decisions. wait before making major financial decisions and learn not to make decisions on impulsive or while angry or feeling hurt. it is major, major, major stupid tax to do so. 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! 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. $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." What percentage? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130413 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130413 2015-06-22 11:49:02.18 Susan from Abilene, Texas, asks Dave what percentage of your total net worth your mortgage should be after retirement. You are the answer https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130371 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130371 2015-06-08 14:00:10.197 Dave is fired up after speaking to several millionaires on the show. In this rant, he uses their examples to remind people that politicians don't have the answer to the average American finding financial peace. Pay off debt first https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130311 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130311 2015-05-27 10:30:58.313 After taking a closer look at their budget and debts, Craig and his wife are having second thoughts about finalizing a deal on a house. He calls in from Miami, FL, and Dave offers his opinion on the situation. A dangerous situation https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130303 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130303 2015-05-21 10:13:19.3 Kate recently took out a HELOC, with no first mortgage, and now she wants to roll other debt into the loan. Dave explains why this is a bad idea, and gives her a better, safer solution. Save extra instead https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130289 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130289 2015-05-14 09:47:37.37 Sarah calls Dave from Mobile, AL, because she recently applied for life insurance with a child rider. However, she was denied the rider portion due to her son's condition. Dave offers some advice, along with hope for the future. Budget together https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130252 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130252 2015-05-08 09:52:07.593 Cheryl and her husband are having money issues, and Dave thinks it's because they're not working together. He has lots of good advice for becoming one with money in a marriage. Ahead of time https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130230 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130230 2015-05-04 14:04:26.397 Stephanie and her husband are a little confused about the Baby Steps. She calls in from Dallas, Texas, to get Dave's help. Stay with the bank https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130214 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130214 2015-04-24 00:00:00.0 Steve is wondering if he and his wife should have their emergency fund in another bank, one different one from where they keep their checking and savings accounts. Dave thinks it's okay for them to stay with their bank, and he explains why. Stick with mutual funds https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130208 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130208 2015-04-23 09:57:58.98 Becky calls in from Vicksburg, MS. She has her emergency fund in place and has been investing in mutual funds. Recently, a financial planner suggested that Becky invest in bonds. Dave isn't a fan of the idea. Mortgage or Save? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130189 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130189 2015-04-14 14:01:09.81 Kevin in Midland, Texas, just became debt-free. He currently rents, but wants to buy a home, and asks Dave the best way to approach buying a house. Dave has a couple of options for Kevin, and thinks he knows what Kevin will do.