Dave Ramsey http://www.daveramsey.com/ Real Life Money Stories en-us Wed, 01 Oct 2014 21:10:56 CST 180 Saturday Sunday Dave Says - September 29, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-29 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-29 Mon, 29 Sep 2014 00:09:00 CST Can you explain the "asset allocation" theory when it comes to investing? Sallie Mae Eviction http://www.daveramsey.com/articles/articleList/category/100424/storyid/102165 http://www.daveramsey.com/articles/articleList/category/100424/storyid/102165 Sat, 27 Sep 2014 09:58:46 CST Through sacrifice and hard work, my husband and I have paid off $115,000 in 2 years and 1 month!!!!!! Incredibly this was all student loan debt. Sallie Mae is no longer welcome in our house and has been kicked to the curb :) We started following Dave Ramesy's principles when my husband was no longer pursing graduate school and he began his job hunt. We knew we had to be apart of the solution of the student loan crisis in America and no longer apart of the growing frustrations. We have been married for 3 years now and are both 28 years old. During our first year of marriage we fought frequently about money. Dave Ramsey taught us how to work together and be on the same page with our finances. I had earned my Doctorate in Physical Therapy and my husband is a Mortgage Processor. Our combined income started at $84,000 and has increased to $123,000 today. Over the past two years we have worked weekends, overtime, and holidays to reach our goals. We drive 10 year old cars and we have postponed major purchases. In the beginning it was hard to change my lifestyle, but once we were on a budget it became our new normal. It transformed our marriage and aligned our goals to develop us into a focused team ready to take on our future with gazelle intensity. I just want to share with others that you need to both agree each month on your budget (being a free spirit, I forced myself to get involved) and change your behavior/lifestyle to reach your goals. Not only is it possible to get out of student loan debt, but you can do it quickly, just stay focused on your long term goals to guide through the short term struggles. We are ready for baby step three and paying off our mortgage next. Finally we have control over our finances and the future looks bright :) The grass does feel different... http://www.daveramsey.com/articles/articleList/category/100424/storyid/102140 http://www.daveramsey.com/articles/articleList/category/100424/storyid/102140 Tue, 23 Sep 2014 09:38:13 CST My husband and I can now say that we are truly debt free! On Monday, September 22nd, 2014 we made the final payment on our mortgage, the paperwork is complete! On Saturday, March 17th, 2012 we went to see Dave Live in Orlando, as we drove home we started to dream. We sat down that night and figuratively laid all of our cards down on the table. Every cent of debt that we could think of. We took Financial Peace University at a local church and were very motivated, inspired and gazelle intense. I have listened to your pod casts while driving in my car for so long that my family makes fun of me I knew I had to hear the message everyday. :-) We have our budget written before the month begins every month. We paid off all non-mortgage debt May 26th, 2013. We attended a second FPU the nine week edition in January of this year. Now after having had debt since my first college financial aid loan in 1982, my husband and I who are on baby step 7 can shout from OUR rooftop WE ARE DEBT FREE!!!!!!!!!!!!!!!!!!!!!!!!!!!! Dave Ramsey,the TMMO pod casts and reading the forums, FPUx2 learning how to budget and using the ancient word no, giving many copies of The Total Money Makeover to help others have given us the opportunity to dream. The future is looking pretty bright. Thank You Dave for all that you have done to help our family become stronger, focused and full of peace! We did Stupid for over 20 yrs and now have a plan! http://www.daveramsey.com/articles/articleList/category/100424/storyid/102130 http://www.daveramsey.com/articles/articleList/category/100424/storyid/102130 Tue, 23 Sep 2014 08:47:59 CST Everything you could do wrong we did...we have probably paid over 300K in interest rates late fees. My Husband and I have always been spenders and payers...we would spend large and then pay it off (never monthly mind you). After the 2007/08 financial crisis and then the gov't shutdown (my Husband works for the gov't) we realized we would be in financial ruin if one of us lost a job. We lived stupid, we had two new cars and paid 1800 a month in car payments (because we had babies and wanted to be safe), we bought too big of a house (because we wanted dogs and the kids to have room), we bought a fixer upper (and between the two of us we can paint and hang pictures), we went large on vacations (because we wanted our kids to experience the world), we were always surprised about Christmas and Birthdays (because those are never known in advance) and had no emergency fund for cars, health issue or home issues..... We make over 200K and had not much to show for it. After the gov't shut down we started getting serious about paying our credit cards in 2014. I had come across D Ramsey's Podcast and bought the Total Money Makeover. We had payed off the cars and my Husband made a windfall bonus of 28K and we paid off the cards and then saved a next egg of around 50K. We had always paid 401 and IRA's because in our math a 6-15% gain was great because we were paying 12-15% in credit cards and car payments. We now have started the serious ZERO balance budget. The mind set change is what really made this great. For me Cancer runs in my family and many have not lived past their 50's so I wanted to live now just in case (I did have a large life insurance policy to take care of the kids) but nothing saved to take care of them if we lost our jobs or did become sick. My husband just did not want to handle the money or know about where it was going...our long running joke was me saying, "do you want to know how much this vacation costs?" and him replying, "H NO." For the first time EVER we have prepaid our ski trip and are budgeting for our tax bill, Xmas and our monthly expenses. This summer we will do what ever last minute vacation deal that we can get and PAY without the Credit Card. Now we are sending my sister-in-law to FPU. Thank you Dave and Dave's Team! You are curing one Stupid person at a time! Finally made it. http://www.daveramsey.com/articles/articleList/category/100424/storyid/102134 http://www.daveramsey.com/articles/articleList/category/100424/storyid/102134 Tue, 23 Sep 2014 01:23:16 CST Some time ago I posted about my struggles getting rid of my credit card debt ($4,815). It happened! Today, I finished paying off both my credit cards. I have some savings but I didn't want to touch them since I'm a senior citizen on Social Security. Instead I reduced my expenses, and then reduced them some more. If it's not essential, I don't need it. The only exception is my internet access. 18 years ago, I offered to do the Beta testing of my provider's DSL for "free" in exchange of very cheap internet access for life. Best deal ever. All I have left is the mortgage which should be paid off within the next 4 1/2 years. I'll be back. Dave Says - September 22, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-22 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-22 Mon, 22 Sep 2014 13:09:29 CST Do you recommend that people continue tithing and giving while getting out of debt? woman finally winning with money http://www.daveramsey.com/articles/articleList/category/100424/storyid/102124 http://www.daveramsey.com/articles/articleList/category/100424/storyid/102124 Sun, 21 Sep 2014 09:30:45 CST In 2006, I was 46 years old and carried $16K in consumer debt from a bad marriage and divorce. I paid the last of that debt in 2013. Yes, I know that's not the fastest money makeover; but I didn't know about Dave until 2010. And honestly, I've really struggled with the credit card issue. But I've done the best I could. My snowball went much more quickly after I read TMM and I am quite pleased to be free of all but the mortgage. Here are my favorite things about living this way: 1. I spend so much less time on financial things while actually accomplishing so much more. It seems I used to spend hours each month keeping, sorting, reconciling and then double-shredding receipts and statements. It was always so confusing and stressful to keep track of everything. Now, I make my budget in about 20 minutes; it's crystal clear where I'm headed for the month. Cash receipts needn't be shredded. No time wasted. 2. I love that I can give, that my budget tells me I have to give. Sometimes my first thought of the day is, "I have money to give away." I know it's silly, but sometimes I sing it to myself on my walk to work. Truly, my life is so much happier now. I know I have a long way to go yet. But, for someone who was always in the red before, the feeling that I am on the right track and can win with money is a wonderful thing. Stupid Taxes on my Cable bill http://www.daveramsey.com/articles/articleList/category/100423/storyid/102066 http://www.daveramsey.com/articles/articleList/category/100423/storyid/102066 Tue, 16 Sep 2014 12:48:27 CST My cable bill kept creeping up and I kept telling myself that I needed to call and get it lowered. Well I finally did that, and to my surprise, I was paying for cable TV "add-on" packages that contained channels I NEVER watched. I was paying $16.00/month for channels packages that I have no idea how I even got. They also lowered my internet speed from 20 to 5, saving me $15.00/month. When they asked me if I was happy, I said I had been a customer for almost 10 years and thought that was worth something. With that they gave me $20.00/month discount for the next 6 months. I saved $65.00/month with a 15 minute phone call. If I had only done that months ago, I would have saved over $500. STUPID TAX!!! I will watch my cable bill a lot closer now, and call after 6 months to get another promo discount! Dave Says - September 15, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-15 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-15 Mon, 15 Sep 2014 11:09:48 CST Some friends recently offered me a timeshare ... Dave Says - September 9, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-09 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-09 Tue, 09 Sep 2014 09:09:49 CST My husband and I have been living on a budget for a few months ... POSTER CHILD for DUMB TRUST & MONEY http://www.daveramsey.com/articles/articleList/category/100423/storyid/101938 http://www.daveramsey.com/articles/articleList/category/100423/storyid/101938 Thu, 04 Sep 2014 01:22:09 CST IF YOU VALUE YOU FAMILY RELATIONSHIPS, DON'T CO-SIGN FOR DEBT. I love my 56 year old brother - he's always been my hero. I'm age 54. Just four years ago he called asking me to co-sign student loans for his 2 sons totaling $14,000. You see, he’d just lost his $400,000/year job and stopped making payments on his golf course house but rented it for $30,000 while in default.... Why help this man? He had bad credit and need my good credit. In my eyes he could do no wrong – he’s my brother and he told me "I'll probably pay you back in 1 year" . I was also hurting, I’d lost my job in 2008 during the Las Vegas bust, I’d spent my $100,000 savings to get out of my upside down mortgage, went through a divorce, was raising my 3 kids under age 7 alone, their drug addict mom MIA both financially and physically. I had sole custody. So.....this year 2014 I called my brother telling him to pay off the loan and he said "It's not my loan"...... OMG, that's not what I thought. So, hating debt I paid off his children’s student loans..... maybe they'll pay me back in 15 years, maybe not. Today 6 years after jobless and divorce I’m raising 3 kids alone, have no debt and beginning to save money for a house retirement....MORAL OF STORY - TAKING CARE OF OTHERS then expecting them to take care of me is foolish. Money changes even the most trusted relationships. PRINCIPLE: Each person is responsible for himself – NEVER LEND YOUR NAME OR CREDIT. This Summer I learned he just sent his kid to Australia and bought her a message during a beach house wedding celebration he bought for his son in So. Calif. Yet - he still has no cash to pay me back- he says he’s broke. EVEN LOVED ONES WILL LET YOU DOWN WHEN IT COMES TO MONEY. 28 Months and $265k...DEBT FREE! http://www.daveramsey.com/articles/articleList/category/100424/storyid/101934 http://www.daveramsey.com/articles/articleList/category/100424/storyid/101934 Wed, 03 Sep 2014 08:49:09 CST In 2012 I moved my wife and son back to Colorado before my deployment so she could be close to family. I have been in the Air Force for over 11 years and my wife is a full time mother of two boys. My father in-law had the TMM book and I read it in a day. After reading the stories from everyone I knew we could do it. We had approximately $265k in debt (including the house) and I wanted to quickly get out. Fast forward to this year and at the end of October 2014, we will have paid off everything, including the house (that we had to rent out for 4 years), and have started our emergency fund. This book and the show have helped so much at giving a common sense approach towards paying off debt. I have provided the TMM to at least four other friends/family because they saw how we did it with only one income. At 33 and 30, respectively, now with a 3 year old and a 6 month old WE ARE DEBT FREE! Cannot wait to call in and do our scream! Drop the lattes http://www.daveramsey.com/articles/articleList/category/100423/storyid/101937 http://www.daveramsey.com/articles/articleList/category/100423/storyid/101937 Wed, 03 Sep 2014 03:05:14 CST For about seven years after taking the train to work in Chicago, I'd treat myself to a chai latte every morning (weekends too, usually). At only $3.27 it didn't seem like much, but after adding it up, I realized that I spend about $1000 a month for that daily latte, and after seven years, I've given Starbucks $7000 to basically warm up milk for me! I could have done so much with that money! Needless to say, I make my own coffee and lattes to go now. I also cut out my weekly $10 Thai dinner and save $40/month. The little things add up so fast! Learn to cook and make your own beverages and save your money! Dave Says - September 2, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-02 http://www.daveramsey.com/davesays/column/column/dave_says_2014-09-02 Tue, 02 Sep 2014 09:09:50 CST I'm getting married soon, and my fiancée and I together have saved about $9,000 for our wedding ... $33,000 paid off in 10 months http://www.daveramsey.com/articles/articleList/category/100424/storyid/101921 http://www.daveramsey.com/articles/articleList/category/100424/storyid/101921 Mon, 01 Sep 2014 12:07:43 CST Through sacrifice and hard work, my wife and I (both 31), paid off $33,000 in 10 months making $160,000 a year. I am a pilot and she stays at home with our 2 girls (5 and 3). We are very excited to have everything but the house paid for. The debt was: Credit card $7000 (maxed out) I.R.S. $10,000 Personal Loan $16,000 One day last November, with Christmas approaching quickly, we just woke up and had a discussion. We thought we made decent money, but always felt broke. We've read a few of Dave's books recently and decided to go full speed on our debt. It was time to cut the lifestyle and put in hard work. We did everything we could to get rid of the debt ASAP. We sold stuff on craigslist, I worked as much over time as possible. We even sold a paid for 2007 Nissan Xterra and started driving a 1998 Dodge Ram that was given to us. The hardest part was day 3 of our debt free journey when my brother pulled into my driveway with a brand new convertible BMW. My first thought was, "Does it come in black?" Then I found out he leased it and it just motivated me even more to get out of debt. Given our income, we thought we could have done it quicker, but we had a few set backs (owing IRS at tax time, and a few trips to the emergency room). We were so determined and focused on the goal that we reminded ourselves that they were just temporary and we are going to over come this, and everything thrown our way. We also listened to Dave on the iPad App frequently, re-read F.P.U. Multiple times, and saw Dave at the SMART conference in Dallas. We just loved hearing the other families do their debt free screams and imagined that it would be us one day, and now our time has come. It is so freeing, knowing that we finally have control of our finances. We are very thankful for Dave and his team for always being here to help!!! Bring on Baby Step 3!!!!!! Long journey http://www.daveramsey.com/articles/articleList/category/100424/storyid/101861 http://www.daveramsey.com/articles/articleList/category/100424/storyid/101861 Sat, 30 Aug 2014 08:27:59 CST $323,000 in debt in 2004, large mortgage, two car payments, failed small business, juggling Peter to pay Paul, spending $300 to $400 dollars more a month than we were bringing home. Two income family, making around $100,000. Then job loss happened.... 10 long years later, we are debt free. For the past 8 years we both have been working as international school teachers, doing our best to live like no-one else so that we can live like no -one else, in the countries of Kazakhstan and Hungary. In 2004, a good friend took us to one of Dave's life events. It changed our lives. We took FPU, and even coordinated two classes before moving overseas. We have read TMMO, attending a life event, and done our best to listen to DR Show everyday. Dave Says - August 25, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-25 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-25 Mon, 25 Aug 2014 12:08:06 CST I'm driving a 10-year-old car with 195,000 miles on it ... We Beat Debt While Fighting Cancer http://www.daveramsey.com/articles/articleList/category/100424/storyid/101619 http://www.daveramsey.com/articles/articleList/category/100424/storyid/101619 Mon, 25 Aug 2014 08:37:48 CST Almost two years ago, at the age of 33, I was diagnosed with an aggressive form of breast cancer. With no family history, my husband Josh and I had no idea what we were about to experience. After months of surgeries, chemotherapy, and radiation, the medical bills started pouring in. Even with "good" medical insurance, cancer treatment is devastatingly expensive. Josh and I soon realized that we were quickly eating through our whole savings. We knew we had to do something or we'd be in deep debt by the time my treatment was through. A co-worker introduced us to the teachings of Dave Ramsey. It was like the saving-grace we'd been praying for! We listened to the CDs and bought his books. We built our budget and worked out how much debt we actually had. We had little debts that added up to a lot - $19,000! It was a car, a little bit of student loans, credit cards, and money owed to a former employer. We started paying it off, big chunks and little chunks, along with cash-flowing my cancer treatment. I am proud to say that 14 months later I am in full remission and WE ARE DEBT FREE! Including my medical bills, we cash-flowed and paid off over $24,000. We are now set to save cash for everything. Through this experience, we've learned what's really important. God, our kids, time together. Life can be very short, and it can change in the blink of an eye. I hope to never hear the words "you have cancer" ever again, but if we do, at least we know that we will be able to pay our bills. God bless you, Dave Ramsey. You helped save our financial lives while I was fighting for mine. 23 long months...but we're debt free! http://www.daveramsey.com/articles/articleList/category/100424/storyid/101479 http://www.daveramsey.com/articles/articleList/category/100424/storyid/101479 Sat, 23 Aug 2014 11:04:15 CST I was always a saver and conscious of money. Some of my earliest memories were being in the line at McDonald's and getting angry at my sister for ordering something that cost a lot. Fast forward to my adult life, and I was still very much the same, with one exception. I never really had a solid plan for my future, never made much money, AND I had married someone that was very much a spender. Anyone who is a nerd and marries a free spirit knows how tough that is! FPU gave me that solid plan, and helped to give my free spirit husband someone else to be mad at other than me - Dave Ramsey! Despite being a saver, I had believed the lie that some debt is ok...credit card debt was frowned upon, but car loans I never gave a second thought! When we started FPU, money was a constant stress, our son ended up in the hospital twice (resulting in unexpected bills) and we had outgrown our small townhouse having 2 kids in 3 years but the value of our home had tanked and would yield no profit. We had about $7,000 in savings, so we followed one of the most difficult rules and liquidated everything but the $1,000 emergency fund. I have never had that little money in savings and it was uncomfortable! We put the rest towards debt to get a good jump start. With hard work and sacrifice, we paid off both cars, hospital bills and a loan to my father in 23 looooong months - in total $31,954. We put about 25% of our monthly income towards debt. We also sold baby items we didn't need, fixed up furniture and sold it, and learned how to DIY almost everything! Unexpectedly, in the midst of that, we received generous down payment assistance from family, and we were able to move during that time. We stuck to our budget even during those months where everything went wrong. Sometimes we did have to reduce our debt snowball payment, but we would start right back up the next month. We have bought new appliances and fixed up our house very nicely all while sticking to a cash budget! We are treating ourselves and the family members that gave money for our down payment to a beach house vacation next month...I plan on doing a debt-free scream on the beach every day! Now onto step #3, felt like we would never get there but we are finally starting to pay ourselves instead of paying others and that will feel great! Vacation Timeshare http://www.daveramsey.com/articles/articleList/category/100423/storyid/101270 http://www.daveramsey.com/articles/articleList/category/100423/storyid/101270 Tue, 19 Aug 2014 03:32:03 CST A few years back, my hubby and I got suckered into accepting a free night's stay at a vacation resort in exchange for sitting through a 2-3 hour no-obligation sales pitch for buying points through this vacation resort; this scheme is really just a rebranded timeshare. I think they were wise enough to know not to call it a timeshare. If they had, we would have/should have stayed 100 miles away considering horror stories from family members. Long story short, we bought the lowest points possible for $9K and asked to defer maintenance costs for a year since we were expecting our first baby and the likelihood of travel for that first year seemed remote. We paid cash for the deal. A couple years later, we got the annual maintenance fee which was $900. Paying $900+ annually for vacation AFTER our intial investment seemed outrageous. Coupled with hearing about how this company jackes up the maintenance fees year over year, we quickly determined we needed to get out of this. It seemed the only way guaranteed out in a reasonable amount of time was to PAY $1,500-$2,500 (on top of having to satisfy that year's maintenance costs) depending on what Timeshare purchase company you talk to. We never ended up using any points. We kept calling and calling the company we had points with and finally they agreed to do a "mutual release and terminantion of vacation owner agreement" for a fee of $250 for title transfer. This released us from any future obligations. The saving grace there is we didn't finance this - it was paid off; if we had taken out a loan, we probably would be stuck with it. We still shake our heads in disbelief about just how stupid we were in that moment. Pain points in the brain definitely triggered on this one. Dave Says - August 18, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-18 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-18 Mon, 18 Aug 2014 10:08:44 CST I have a 5-year-old daughter, and I want to start a 529 for her ... Love does not pay the bills http://www.daveramsey.com/articles/articleList/category/100423/storyid/101212 http://www.daveramsey.com/articles/articleList/category/100423/storyid/101212 Mon, 18 Aug 2014 09:28:22 CST Don't make the mistake of sacrificing your snowball progress for people you are not married too. Did that and refuse to do it again. I sold my house and true to form my boyfriend's first plan for 'my money' is purchasing a vacation home. LOL, this time I was ready. I immediately used the proceeds to pay off my last credit card and my Student loan. I sent the payoffs the day of closing! My only remaining debt is the truck I should not have bought - guess who orchestrated that purchase? 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. Dave Says - August 11, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-11 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-11 Mon, 11 Aug 2014 00:08:00 CST What's your advice on asking for a raise at work ... Dave Says - August 4, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-04 http://www.daveramsey.com/davesays/column/column/dave_says_2014-08-04 Mon, 04 Aug 2014 00:08:00 CST Do you recommend a credit freeze in order to protect against identity theft? Dave Says - July 28, 2014 http://www.daveramsey.com/davesays/column/column/dave_says_2014-07-28 http://www.daveramsey.com/davesays/column/column/dave_says_2014-07-28 Mon, 28 Jul 2014 11:07:36 CST What's the difference between a Chapter 7 bankruptcy and Chapter 13 bankruptcy? Never mix family and money http://www.daveramsey.com/articles/articleList/category/100423/storyid/100639 http://www.daveramsey.com/articles/articleList/category/100423/storyid/100639 Sat, 26 Jul 2014 04:11:10 CST My wife and I both have been married before. Both of us have 2 grown daughters. We have known each other for 10+ years and been married for 4. During that time we have never had an argument, never mind a fight. I build our house about 10 years ago. About 8 years ago I decided to buy a chain saw. We have 3 acres of woods and I had visions of getting a stove and use wood for heating. I changed my mind and the chain saw has never even had gas in it. About 8-10 weeks ago I decided it was time to clear out some stuff. The chain saw had to go. A few days later my step daughter came for a visit. I asked if she and her boy friend may want to buy the saw. She called him and he was all excited. I told her they could have it for $100. Value is around $200. She took the saw. My wife suggested we give her the $100 since we did not get her anything when she graduated Community College a few weeks earlier. I agreed. We have been on BS7 for a couple of years so $100 does not make or break us. A few weeks ago I was thinking about the whole thing and mentioned to my wife it bugged me. She said to just forget it since we were going to give her the money anyway. My point was that I wanted the money and then give it back to her. We got into as close to an argument as we have ever been. Talk about stupid. Arguing over receiving $100 so we can give it back. I did end up calling my step daughter and asked if they wanted the saw since I was getting ready to sell stuff. Her BF loves the saw, him and his dad have been using it. I did not bring up money but she did say she owed us $100. I left it at that. Today I brought up the subject and promised never to bring it up again. Dave says never to mix money and family. He is right. Never buy new autos http://www.daveramsey.com/articles/articleList/category/100423/storyid/100520 http://www.daveramsey.com/articles/articleList/category/100423/storyid/100520 Sun, 20 Jul 2014 09:31:00 CST I bought my sixteen year old son a brand new Silverado for $32,200 a month later after some bad driving and hanging out with some questionable company I took it back to the same dealership to sell it with only 185 miles on it they offered me $25,300 a total rip off ( the same sales people who when buying acted like they was giving me such a great deal ) so two lessons I guess Jr is going to buy his own vehicle and I'm buying gently used from now on 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. We could have saved cash for the house but... http://www.daveramsey.com/articles/articleList/category/100423/storyid/100370 http://www.daveramsey.com/articles/articleList/category/100423/storyid/100370 Sat, 28 Jun 2014 01:35:38 CST Well, I made the mistake today of taking a critical look at how we could have done things differently at the beginning of our marriage. The little apartment was fine, if only we had saved for a couple of years while paying off student loan debt we could have bought our first home for cash; easily. I looked up the mortgage from our starter home...and then figured out what we would have as a net worth today if we had invested instead of being house poor and then moving up to an even more expensive house and being more house poor. Trying to be like the Jones' is NOT worth it!! Newlyweds out there, don't make the same mistakes! You can make it in that little apartment for a few years and your future will be so much better. Invest while you are young, compound interest is the key!! Please learn from the mistakes of others...if only we had known. ;( Shop around for health insurance! http://www.daveramsey.com/articles/articleList/category/100423/storyid/100318 http://www.daveramsey.com/articles/articleList/category/100423/storyid/100318 Tue, 24 Jun 2014 03:23:31 CST We had a daughter a couple of years ago, and we were deciding which health insurance plan to put her under (my wife or mine - we both get a single person insurance paid for through our respective employers). It would cost an additional $415 under my wife, and $375 to add the plus one to my plan, so we just put her under my plan. At the time, we were thinking those were our only two options. Unfortunately, we didn't realize that we could have her on her own plan with the same provider outside of my employer for a fraction of the cost. We ended up with a plan for $125 a month and a lower deductible and out-of-pocket cost! We did this for two years before we finally figured that out. We are now able to save $3,000 per year just in premiums alone. I can still use my cafeteria plan funds towards any of her costs as well. I am just glad I figured that out before we have our second child in which my company's family plan goes to an additional $1,000 a month! Still kicking myself over giving away $6,000 for the same benefit I could have received elsewhere. FYI - Both my wife and I are in group health insurance plans with our respective employers who have a significant amount of older participants who are driving up the premiums. Father's Day "Special" Money Throw away http://www.daveramsey.com/articles/articleList/category/100423/storyid/100293 http://www.daveramsey.com/articles/articleList/category/100423/storyid/100293 Sat, 21 Jun 2014 05:37:06 CST So on Father's Day, Grandpa offered to take us out to eat. But the condition was that it would have to be cracker barrell, a place we all love but maybe it's not as fancy as we had hoped. After enjoying a LOVELY meal with our toddler and 6 year old,perhaps we had dillusions that we were rich when we offered to take everyone out for dessert. Dessert at a fancy restuarant (SHARING 2 sets of Smore's, one milk for the kids to share and 3 coffess) came to FIFITY DOLLARS!!!!!! The whole time my kids were antsy and unhappy and Im thinkin, "WHAT A DUMMY I AM TODAY!" We could have made those silly "SHHHHHMORES" ourselves in the comfort of our own backyard for like $5 bucks! PS- I desparately need new shoes now but oops! we "ATE" them for dessert! 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. “SMART MONEY SMART KIDS” BY DAVE RAMSEY AND RACHEL CRUZE DEBUTS AT #1 ON MULTIPLE BEST-SELLERS LISTS http://www.daveramsey.com/press-release/smart-money-smart-kids-by-dave-ramsey-and-rachel-cruze-debuts-at-1-on-multiple-best-sellers-lists http://www.daveramsey.com/press-release/smart-money-smart-kids-by-dave-ramsey-and-rachel-cruze-debuts-at-1-on-multiple-best-sellers-lists Fri, 02 May 2014 14:05:25 CST “Smart Money Smart Kids” by nationally syndicated radio talk show host Dave Ramsey and his daughter Rachel Cruze debuted at number one on “The New York Times” best-sellers list for Advice, How-To and Miscellaneous, “The Wall Street Journal” nonfiction best-sellers list and “Publishers Weekly” best-sellers list. “SMART MONEY SMART KIDS” BY DAVE RAMSEY AND RACHEL CRUZE DEBUTS AT #1 ON “THE NEW YORK TIMES” BEST-SELLERS LIST http://www.daveramsey.com/press-release/smart-money-smart-kids-by-dave-ramsey-and-rachel-cruze-debuts-at-1-on-the-new-york-times-best-sellers-list http://www.daveramsey.com/press-release/smart-money-smart-kids-by-dave-ramsey-and-rachel-cruze-debuts-at-1-on-the-new-york-times-best-sellers-list Thu, 01 May 2014 14:05:56 CST “Smart Money Smart Kids” by nationally syndicated radio talk show host Dave Ramsey and his daughter Rachel Cruze debuted at number one on “The New York Times” best-sellers list for Advice, How-To and Miscellaneous. DAVE RAMSEY ANNOUNCES STOPS ON HIS FALL 2014 LEGACY JOURNEY LIVE! TOUR http://www.daveramsey.com/press-release/dave-ramsey-announces-stops-on-his-fall-2014-legacy-journey-live-tour http://www.daveramsey.com/press-release/dave-ramsey-announces-stops-on-his-fall-2014-legacy-journey-live-tour Tue, 01 Apr 2014 09:04:23 CST Nationally syndicated talk radio host and personal finance expert, Dave Ramsey, announces stops on his “Legacy Journey LIVE!” tour this fall. DAVE RAMSEY AND RACHEL CRUZE LAUNCH NEW BOOK SMART MONEY SMART KIDS IN BOOKSTORES ACROSS THE COUNTRY http://www.daveramsey.com/press-release/dave-ramsey-and-rachel-cruze-launch-new-book--smart-money-smart-kids-in-bookstores-across-the-country http://www.daveramsey.com/press-release/dave-ramsey-and-rachel-cruze-launch-new-book--smart-money-smart-kids-in-bookstores-across-the-country Mon, 31 Mar 2014 10:03:18 CST New York Times bestselling author and nationally syndicated radio talk show host, Dave Ramsey, teams up with his daughter, Rachel Cruze, for their new book, Smart Money Smart Kids. Launching April 22, Smart Money Smart Kids offers a parent and adult child’s perspective on raising money-smart kids in a debt-filled world. “BUSINESS GETS PERSONAL” IN NEW YORK CITY WITH SETH GODIN, GARY VAYNERCHUK AND DAVE RAMSEY http://www.daveramsey.com/press-release/business-gets-personal-in-new-york-city-with-seth-godin-gary-vaynerchuk-and--dave-ramsey http://www.daveramsey.com/press-release/business-gets-personal-in-new-york-city-with-seth-godin-gary-vaynerchuk-and--dave-ramsey Fri, 14 Mar 2014 15:03:43 CST New York Times best-selling author Dave Ramsey presents “Business Gets Personal,” a brand new event to be held Thursday, October 2, 2014 in New York City. AMERICA’S RETIREMENT SYSTEM OFFERING DAVE RAMSEY’S CORE FINANCIAL WELLNESS FOR 401(K) PARTICIPANTS http://www.daveramsey.com/press-release/americas-retirement-system-offering-dave-ramseys-core-financial-wellness-for-401k-participants http://www.daveramsey.com/press-release/americas-retirement-system-offering-dave-ramseys-core-financial-wellness-for-401k-participants Thu, 27 Feb 2014 17:02:01 CST America’s Retirement System is now providing Dave Ramsey’s CORE Financial Wellness to participants in their 401(k) plans. CORE Financial Wellness is the premier curriculum for teaching financial literacy in a corporate setting. $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." 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. Son's First Paycheck https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129262 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129262 2014-07-22 00:00:00.0 Amy's teenage son is about to receive his first paycheck. She asks Dave and Rachel about saving, spending and teaching him to set goals. Buy the Building Now? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129254 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129254 2014-07-18 00:00:00.0 Tucker has been in business for just over a year. Now, he has an opportunity to buy the building he's in. Ditch the Separation Pay https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129163 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129163 2014-07-08 00:00:00.0 Gretchen's husband is going to receive military separation pay. If he goes into the National Guard, they will need to repay it. Dave advises Gretchen to check into whether or not they can decline separation pay. More of a Mortgage https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129162 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129162 2014-07-07 00:00:00.0 Lindsey and her husband's mortgage payment is more than 25% of their take-home pay. They're trying to decide if they should be placing the full 15% of their income toward retirement or pay down the mortgage. Repair Now or Buy Later? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129161 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129161 2014-07-06 00:00:00.0 Dave is driving a 10-year-old car with 195,000 miles on it. It needs $1,500 in repairs and is worth $4,000 or $5,000. Should he put $2,000 in the car to keep it running or buy something else? Using the Mortgage to Consolidate https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129160 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129160 2014-07-05 00:00:00.0 Leslie is about to get remarried and has $34,000 in debt. Should she take that $34,000 debt and put it on her mortgage to consolidate it? Freezing Your Credit Report https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129159 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=129159 2014-07-04 00:00:00.0 Eric wants to know if Dave recommends a credit freeze in order to protect against identity theft.