Dave Ramsey http://www.daveramsey.com/ Real Life Money Stories en-us Tue, 01 Sep 2015 17:09:30 CST 180 Saturday Sunday Dave Says - August 25, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-25 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-25 Tue, 25 Aug 2015 12:08:35 CST I've worked in a hospital as a nurse for 10 years. I make good money working long hours. The problem is that it seems to disappear, and I'm left trying to stretch those last few dollars to the end of the month ... Dave Says - August 18, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-18 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-18 Tue, 18 Aug 2015 08:08:51 CST My wife and I really got serious about your plan. We even sold our house to become completely debt-free. Now, we're trying to help my mom and dad ... Instant stupidity transfer http://www.daveramsey.com/articles/articleList/category/100423/storyid/104345 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104345 Thu, 13 Aug 2015 06:00:04 CST Several years ago I had an offer to transfer to a 1.9% balance transfer. I was at the time paying about 12% so I figured it was a good deal. I took the check provided and deposited the $10000 check into my checking account and then sent another check to the other CC company. I was hit with a 5% advance fee since I didn't send the check directly to the CC company. Bottom line it cost me $500 to make the transfer. I'm now debt free so this will NEVER happen again! Debt Free + Traveling Full Time (In Our 20's!) http://www.daveramsey.com/articles/articleList/category/100424/storyid/104336 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104336 Wed, 12 Aug 2015 02:37:44 CST We would like to thank Dave and FPU for motivating us to make some serious life changes, and experience the true meaning of financial PEACE!!!! We are in our mid-20's, and took advantage of good investments and and "up" real-estate market to pay off all our debt, save an emergency fund, buy and renovate a vintage Airstream, and travel full time for the next several years. Your guidelines kept us on track every time we were tempted to use our savings and investment profits to buy more things, or "re-invest" in a bigger house etc. Above all, being debt free has given us the opportunity to spend more time as a family, doing the things we love, and for that we are truly grateful! One stupid tax we avoided... http://www.daveramsey.com/articles/articleList/category/100423/storyid/104331 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104331 Tue, 11 Aug 2015 12:01:03 CST Having stumbled around financially for years, I'm sure there are a lot of "stupid tax" stories my husband and I could tell, but here's one we avoided...When it came time to buy band instrument's for our 6th grade daughters, we were encouraged to finance them through the music store that partners with our school district. We found that even with a 20% discount for buying them outright, they charged nearly twice as much as other music stores in the area. We saved even more than that by shopping for good condition used instruments at two different pawn shops. We actually came in under budget and saved 75% of what we would have made in monthly payments. It was sad to see how many parents who could barely pay for their kids lunches were lining up and committing to payments on instruments they can't afford. The Light at the end of the tunnel http://www.daveramsey.com/articles/articleList/category/100424/storyid/104332 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104332 Tue, 11 Aug 2015 11:42:03 CST Dear Dave, I???ve listened to your show on and off for many years now, but most are people that make good money with big expenses that can be cut. Ours is not like that, it???s not even a success story yet. I think some people need to hear that it doesn???t always go the way you want it to and you have to persevere and really struggle for the debt free outcome. Our story begins in 2008, we were living in a house that my husband and his dad built. We were buried in debt because we didn???t do anything right in the whole process and we fought against what God told us deep down not to do. We lived in major debt, and most of the people we knew were in the same position. It seemed normal. It???s sad when that seems normal. In 2008 our world fell apart. The stock market had fallen and many people were scrambling to pay loans, debt and were out of work. My husband???s income and business dropped 60%. My husband is an investment advisor that was just starting to build a small business. He worked mainly with people that had never invested before and didn???t have a lot of money to invest. His clients needed their money now in this crisis to survive. He understood this because of the predicament we were in. We, being already in debt, found out with this new income change, that even with me working, we couldn???t make the house payment. We couldn???t make a lot of payments. And to make things worse my husband???s dad was diagnosed with stage 4 lung cancer ??? terminal. We were constantly taking turns staying with his parents during this time, so building his business back up was on a backburner. We didn???t have time to take on another job. We were slowly falling deeper and deeper into this pit of debt. My husband wanted to save the house since he built it with his dad, but we found that it wasn???t going to be possible. We had to move. And my husband???s dad lost his battle with cancer. We were devastated on all levels and completely broke. My husband???s mother was in and out of the hospital now too and asked us if we could live with her (in her garage). We had a land contract on the house, so we thought that we could clean it up, winterize it and move out???just once and for all, let it go. Or so we thought. We did everything we thought was right and by our contract, but the land contract owner came after us legally for going against our verbal intent. You see, he had financed a lot of houses and was losing everything he had also. He was grasping onto anything he could. I understand that now, but at the time I was bitter because our world had fallen as low as we thought it could. You know sometimes we have to fall really deep before we can look up and really see God. Our faith has become extremely strong because of it. In late 2009 we took the Financial Peace class at our church. It was difficult because we heard all of the small successes of others in the class, but we didn???t have any. We were so far in debt and on such a small budget for so long, that it seemed like we were going nowhere. We tried to stay completely on the envelope system but fell off that wagon because my husband worked on commission and we never knew what he would be bringing in. So we went day by day trying to pay bills and not feeling frustrated. The goal and the basics to the system were always in progress throughout, but no light at the end of the tunnel yet. In 2012, 3 years to the day that we moved out, the case against us was dropped. God is so good! A big sigh of relief, but we still owed the lawyer though. We also have a son that graduated from high school and was accepted into the University of Michigan. How were we going to pay for that! Thank goodness for scholarships and financial aid. It was the only way he would be able to go. We went to Financial Peace again to get back on track and make sure we were still following it correctly. In 2014, 5 years to the day we moved out, we paid off the $26,000 accumulated from day one that was owed to the lawyer. (By the way he is a friend of ours now, he had to work with us a lot.) We also purchased a used vehicle after our car was nearing its end with $5,000 cash in 2013. There was now a light at the end of the tunnel. Still struggling, but we see the light. Which brings us to present time 2015, we see the end of the tunnel ??? we are down to owing $6500. We have come a long way on poverty-level money coming in. We are still working on it and still on a tight budget. We still live with my mother-in-law in her garage. (The biggest struggle) And we have to save for another vehicle, because I am driving a car with almost 300,000 miles on it, with front end problems. I don???t go far in it, but it???s still going, and as for the struggle of getting out of debt, we are still going too. We haven't had our last success yet, but we are almost there. We have many plans for the future like finding a college for our youngest son with autism (he graduates next year), having a house of our own (a very badly needed goal), and our biggest goal of following God and where he will take us next. The biggest Light of all! Thank you Dave for giving us the tools to get this far, and the biggest thank you to God who made it all possible, Kelley Smith I Have BEEN Debt Free! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104334 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104334 Tue, 11 Aug 2015 03:57:02 CST I made the decision to become debt free long before I came across Ramsey solutions, but these programs are keeping me debt free! I graduated from college with $27,000 in student loan debt and about $3,000 left on my car. Once the student loan bills started rolling in, I decided to attack them along with the car. I had heard some advice that it doesn't make any sense to have a huge savings account if you have a huge pile of debt, so I set aside a small savings and went at it. I was able to pay off all $27,000 in 12 months! I then spent about 2 years just kind of floating along, not really saving any money or working towards major goals. Dave Ramsey and his programs have me focused again. In the last 6 months I have fully funded my emergency fund, and I am investing 15% into retirement and am saving up to cash flow my MBA! Dave Says - August 10, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-10 http://www.daveramsey.com/davesays/column/column/dave_says_2015-08-10 Mon, 10 Aug 2015 00:08:00 CST I'm 61 and on disability, but I'm completely debt-free and I have $1 million in assets. I even try to spend no more than four percent of the principal each year ... Stupid, Stupid, Vacation http://www.daveramsey.com/articles/articleList/category/100423/storyid/104327 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104327 Fri, 07 Aug 2015 05:08:01 CST March 2013. We owe 85,000 on the house, 30,000 on two cars, 25,000 on student loans, and 10,000 on credit cards. Total debt ? $ 150,000. But my wife and I make $ 150,000 a year so we can do whatever we want.. everyone has a mortgage, two car loans, two student loans, and 4 credit cards. So we spend 10,000 on a trip to ITALY!!! By August of 2013 I'm wondering how we are going to pay all the bills and why we make all this money and we are broke. Walking thru Walmart I spy TMMO. Best 20 bucks we we ever spent. 2 years later... Total debt under 80 K. Getting there... Steve in Wichita We're Debt Free!!!!!!! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104324 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104324 Thu, 06 Aug 2015 03:44:20 CST I JUST clicked the submit button on our final debt!!! (except the house) I was laid off while 5 months pregnant with twins, high risk pregnancy that needed $1400 ultrasounds every 2 weeks, of course I couldn't afford $1850 a month in cobra insurance without a job, and I was uninsurable since my pregnancy was a "pre-existing condition." We had $180,000 in NICU bills after both babies endured a 27 day nicu stay. That was my "moment." The "Oh God, what are we going to do?!" moment. Thankfully, by the Grace of God, my army service connected disability enabled the VA to cover 100% of our medical costs for both my entire pregnancy, and the first 30 days of life! We were saved! But we still had debt. I had upgraded my civic to a traverse because we couldn't fit our double stroller in the trunk, and I wanted AWD for the babies' safety during our dangerous winters (that was a $12,000 loan). My husband had his fancy pickup that he HAD to have ($18,000 remaining on that loan). And we still had $13,000 to pay off on his Peterbilt semi truck that he had recently bought to start his own trucking business. I was able to get my original job back about a year after the twins were born. We had eaten through any personal savings we had during that year and a half that I wasn't working, but were still surviving. Now realizing how quickly life can change, I didn't want to be that vulnerable to financial ruin ever again... so we dug what money we had in his trucking savings to immediately pay off his semi, I cashed in my employee stocks to make a $6k dent in my car, and we cash-flowed the rest of the $24,000 to become debt free in 8 months. I found Dave Ramsey last October, right as I started working again. By Janurary I was fired up and had my plan. (His plan.) I listened to the debt free screams every day and kept listening to people's numbers. I knew, if they could do it... dang it, so could we! My husband thought I was crazy, but completely trusted me. I laid the budget out for him to review, and he laughed an said "go for it." He doesn't spend money, ever... so it was easy for me to make this happen... as long as I stayed out of walmart, target, and off ebay, lol. 8 months. $43,000 paid off. Savings of 13k, stocks of 6k, and $24,000 cash flowed. Making approx $78,000. Thanks Dave!!! Dave Says - August 3, 2015 http://www.daveramsey.com/davesays/column/column/dave_Says_2015-08-03 http://www.daveramsey.com/davesays/column/column/dave_Says_2015-08-03 Mon, 03 Aug 2015 10:08:44 CST My wife and I are thinking about selling our home. I was recently let go from the military due to downsizing, and I've begun a job in real estate but things are starting slowly ... Just getting started http://www.daveramsey.com/articles/articleList/category/100423/storyid/104312 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104312 Mon, 03 Aug 2015 08:34:34 CST My wife and I are sick to our eyeballs with our debt!!! We almost have our 1000 dollar starter emergency fund and ready to tackle our debt. We owe roughly 65k on credit cards, cars, and a personal loan. I would win for the stupid tax award of the year because one of the vehicles, my truck, when through paying it off I would have paid it off three times already. DUMB!!!! I kept taking out title loans to buy stupid stuff!!! We have finally woken up and ready to be debt free! Thankfully our income is good, combined 91k per year, and no collector calls yet. I am positive if we didn't wake up now that soon we would be so deep they would start calling. We want to pay off our debt, we want to save for retirement, we want to pay CASH for our daughters college! We can do this!!!!! We need some encouragement and prayers! God's got this!!!!!!!! We're Debt Free!!! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104309 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104309 Fri, 31 Jul 2015 05:39:32 CST My wife and I were married in Sept of 2014. At that time I was bringing into our relationship my student loan debt and some credit card debt. When we purchased our house the credit card debt increased significantly! We decided as a team to take your class in January of 2015. At the end of December we had $4,000 in car payments, $12,000 in student loans and $12,000 in credit card debt. Totaling $28,000! Today, July 31 2015, we are paying off the last of all the debt! We are debt free!!! We are blessed! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104305 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104305 Thu, 30 Jul 2015 11:41:40 CST Not long after my daughter was born (c. 2008), I stumbled upon the Total Money Makeover. I had my husband read it and we made a plan. I struggled along with the budget (being a spreadsheet addict helped), but we didn't really become a team until we took FPU in 2015. Even so, we managed to pay off about $30K of debt on our own in that time and cash flowed almost everything. The last time I charged anything was to cover half of a new HVAC system (in the middle of winter). But we cash flowed the other half, which is better than nothing! Sadly my husband's mother passed away in December 2014. We found out she had a few retirement accounts and made a profit from selling her house as-is. Before taking FPU, we became debt free at last -- paying off that last credit card and student loans! Thanks to FPU we are now on the same page, loving Every Dollar, and doing our best to manage the modest inheritance in the best way for our family. Our Emergency Fund is fully funded and we have Roth IRA's for the first time ever. We're planning to pay down our mortgage with a chunk of money, which cuts 5 years off our final payoff date (6 years instead of 11!). We are so excited and so blessed to have stumbled upon Dave's program all those years ago. Even if you live in a high cost area (we live outside DC) and have to pay through the nose for childcare, keep at it -- do your budget -- and keep the long view, you will reach your goals and be smarter than most with your money. Thank you, Dave & team. -Christine Student Debt http://www.daveramsey.com/articles/articleList/category/100424/storyid/104307 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104307 Thu, 30 Jul 2015 01:45:22 CST My husband and I managed to pay off $25k in student loan debt while living off of $1800 (sometimes less) a month for 30 months. Not saying it was easy or fun but being debt free is worth it! We now have a full emergency-fund & are saving up to buy a house. Stay strong and spend wisely! Your future self will greatly appreciate all of the hard work :) Debt-free through Him (God) http://www.daveramsey.com/articles/articleList/category/100424/storyid/104294 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104294 Wed, 29 Jul 2015 09:58:21 CST Dear Dave Ramsey, I cannot express our family???s overwhelming excitement to announce that we are one hundred percent debt free! My husband Nick, along with our seven wonderful children have been on an extraordinary journey toward debt freedom. In our first seven years of marriage, we found ourselves able to get out of debt rather easily but we lacked vision and a month later, we were back to a bigger home mortgage, vehicle loan and credit card debt. Although, by our culture???s standards we would not have been considered to be living extravagantly, we were living paycheck to paycheck. Then, Nick lost his job. This began our next seven years of renovation. We became gazelle intense. It is hard to pen exactly what this time looked like, but let me just say that it involved selling lots of stuff, including our home ($135,000) and living in a travel trailer for two years with six children at the time. This took much humility to persevere. Many times our circumstances went from hard to harder. We managed to pay off a vehicle ($6,000), credit card debt ($10,000) and our land ($15,000) in 11 months. We were incredibly blessed when our neighbor???s offered to owner finance their home to us at no interest ($35,000) which we paid off in 22 months. Our last debt was a property ($68,000) which we were waiting on the Lord???s timing to sell. Incredibly, last month, the property sold. We are now beginning a new journey of entrepreneurship which has been our family???s vision and until now, had not been possible. We wish we could share our story in detail of the many miraculous events which took place over the past few years, but that would be a book instead of a letter. It is evident that God was with us and we would not have wanted to pursue this debt-free vision without Him. We tried that and it did not work! We had often been told, ???Wow your family really takes this Dave Ramsey stuff seriously.??? But we wonder who wouldn???t? We are very grateful for how God has used your ministry through F.P.U. and radio to continuously encourage debt freedom. My son asked me as I was writing this letter why I find it necessary to do so. I told him it is our duty to thank those who have taken the time to influence our lives and since the finish is more important than the start, I hope our story can encourage others to keep persevering and finish well. We give ALL the glory to God for allowing us to live like no other! Sincerely, Nick and Kelli and Byron, Audrey, Charlize, Dawson, Eden, Grace and Haven Dave Says - July 28, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-28 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-28 Tue, 28 Jul 2015 08:07:21 CST My husband and I are both 50, and we make about $50,000 a year. We have a little bit of debt, and recently my mother-in-law moved in with us due to health issues ... Unsinkable! http://www.daveramsey.com/articles/articleList/category/100424/storyid/104292 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104292 Tue, 28 Jul 2015 01:20:11 CST My husband and I married 9 years ago this December. In the short space of 9 years we've raised 2 teenagers into adulthood and had 3 other little ones all under the age of 7. Within the first two years of marriage with two older children we were facing $30,000 of student loan debt and medical bills the result of an emergency delivery of a preemie. Adjustment and unity in our finances became critical and stress levels were high with pretty difficult to have conversations about finances. During courtship we had agreed that I was the budget "nerd" as I had been living as a single mom for 7 years by a budget and debt free except for a small mortgage on my condo which we sold at a profit when we married. My husband on the other hand was a little bit of both the"nerd" (he's a mechanical engineer with a math minor by profession) and the "free spirit" in personality & the handling of his finances. He paid off all his credit card debt during our courtship in preparation for our marriage so we could begin our lives together with only that to worry about. We agreed also that the proceeds from the sale of my condo would go into a down payment for a modest and affordable home well below the rents in the area we were to live in. We both felt prepared to start our marriage on sound financial footing. Soon after marriage I discovered that where I was a "nerd" he was a "free spirit" and though generally we were both disciplined it was in ways opposite to one another and this would cause clashes frequently. Within the first two years of marriage with two older children we were facing $30,000 of student loan debt and medical bills the result of an emergency delivery of a preemie but with one foot on the brake and another on the gas we weren't making much progress. Adjustment and unity in our finances became critical and stress levels were high with pretty difficult to have conversations about finances. Both of us were praying for help on the subject when my husband came home from work one day having been informed by a coworker of a local church offering FPU at no charge and asked me if I would be interested in attending with him! Of course I agreed and the rest is history. Thanks to your course we became unified and strengthened as a couple in our marriage at a critical time weathering a teenager wrecking 2 cars, the payoff of all our medical bills, a $17,000 loss on a home we sold, a move, the birth of another child and in just the last 18 months 2 job losses & 3 family medical emergencies that required unexpectedly large expenses and travel. Seven years ago we had laid out a plan to be out from under my husband's student loans within a couple of years. It took us longer-4 yrs. in fact and we were just about to breathe easy when the storms of life hit. Paying off my husband's student loan debt had set us up to have the discipline to keep going and weather all that life threw at us along the way and after! The loss of jobs and vehicles, medical emergencies and large loss on the sale of our home we just finished paying off! FPU helped us become UNSINKABLE and so very blessed! I am certain FPU helped us avoid misery in marriage and we are SO HAPPY & DEBT FREE as of today!!!!! We are on baby step 3 and doing well! The peace of mind and strength in our marriage is worth more than any of the financial goals we've attained! THANK YOU SO MUCH!!!! I deserve it http://www.daveramsey.com/articles/articleList/category/100423/storyid/104289 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104289 Mon, 27 Jul 2015 07:22:31 CST After a recent divorce, i listened to people who told me, " You should buy a new car, you deserve it". The payments are killing me. It is my only vehicle. I tried to get rid of it but the miles are just ahead of the curve everytime which keep me upside down on its worth. My only choice is to keep plodding along and pay it off as soon as i can. No bonuses for me, for a while anyway. Then i doubled down and bought a new motorcycle, What was i thinking, Bikes gone, workin on the car. Stupid, stupid, stupid. Never again. Solution to dental problems.... http://www.daveramsey.com/articles/articleList/category/100424/storyid/104290 http://www.daveramsey.com/articles/articleList/category/100424/storyid/104290 Mon, 27 Jul 2015 01:54:18 CST Just wanted to share a little success story to show how God works: My wife and I are debt free, have our emergency fund, and are working on our house down payment.....BUT....I have HORRIBLE dental problems. I have battled major dental issues my whole life. In short, I was about to lose all of my teeth. I speak on the radio for a living, so going through the process of getting dentures is simply out of the question. I needed an alternative to traditional dentures The alternative to dentures is a full mouth implant reconstruction which looks AWESOME but is WILDLY expensive (~$50,000). It's a relatively new protocol and not alot of dentists are doing it yet. Kind of like when Lasik eye surgery was first introduced.....but sooooo expensive. Even so, my teeth hurt so bad that I was prepared to go BACK into debt to get the work done and end the pain that I had been enduring. But God had a different plan. On December 17, for some reason, I popped wide awake in bed with an idea in mind. I went to my computer and I wrote a letter to the President/CEO of the company that makes the implants, asking if there was any way I could get the cost of the procedure down by doing a video testimonial, volunteering for long-term follow-up studies, etc.....ANYTHING to make the $50,000 procedure cheaper. I mailed the letter off and waited for a reply. That's when God went to work. On December 29, my phone rang at 2:37PM.....it was the Southwest Region Sales Director for the implant manufacturer. He said that he was forwarded my letter from the CEO, and that in exchange for being featured in a video production about the procedure and attending a symposium in Phoenix to meet with dentists and oral surgeons about the implant procedure and speak about the experience from a patient's perspective, that they were prepared to offer to have the ENTIRE procedure done FREE OF CHARGE!! I've never cried so hard in my life!! Last week I made the trip to Phoenix and had the procedure done, and now I have a perfect set of teeth! When you COMMIT to handling money God's way, GOD WILL FIND A WAY TO PROVIDE!!!! Dave Says - July 20, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-20 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-20 Mon, 20 Jul 2015 10:07:33 CST I'm self-employed, and I travel about 30,000 miles a year in my van ... LPL FINANCIAL ALLIES WITH RAMSEY SOLUTIONS TO PROVIDE A NEW FINANCIAL WELLNESS PROGRAM TO ITS PLAN ADVISORS http://www.daveramsey.com/press-release/lpl-financial-allies--with-ramsey-solutions-to-provide-a-new-financial-wellness-program-to-its-plan-advisors http://www.daveramsey.com/press-release/lpl-financial-allies--with-ramsey-solutions-to-provide-a-new-financial-wellness-program-to-its-plan-advisors Mon, 20 Jul 2015 09:07:43 CST LPL Financial LLC, the nation's largest independent broker-dealer*, a custodian for registered investment advisors (RIAs), and a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ: LPLA), today announced that it has established a relationship with Ramsey Solutions to offer the financial wellness program, SmartDollar, to LPL retirement plan advisors and plan sponsors. Asset Protection http://www.daveramsey.com/articles/articleList/category/100423/storyid/104258 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104258 Fri, 17 Jul 2015 03:50:07 CST During a continuing education event I was sold an asset protection plan in an attempt to protect our "assets" from liability in the event of a malpractice suit. I proceeded to agree to $100/month for 12 months to participate, then began a six month process of forming corporations to hold the house, the business and our accounts. After paying several hundred dollars more in legal fees, I realized that we really didn't have anything to put into the corporations because we didn't have ANY ASSETS. Also, to protect the house it was going to double our property taxes and their was not even equity to protect. So, once everything was set I immediately began to dissolve the businesses which cost more legal fees. One year later I'm now right where I was except ~$2,000 lighter in STUPID tax. Dave Says - July 13, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-13 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-13 Mon, 13 Jul 2015 10:07:50 CST My husband broke a few ribs and his collarbone a couple of years ago when he flipped our ATV. He's fine now, but we still have about $20,000 in medical bills ... The $30 Bag of Cement http://www.daveramsey.com/articles/articleList/category/100423/storyid/104212 http://www.daveramsey.com/articles/articleList/category/100423/storyid/104212 Wed, 08 Jul 2015 01:03:25 CST I had a Home Depot card that I had not used in several years, yet had never gotten around to closing the account. They sent me a letter stating that due to inactivity my account would automatically be closed by a certain date unless I used the card at least once. I must have had a brain freeze because I went to Home Depot and charged a bag of cement that cost less then $3, all in the name of keeping an account open that I never used and really was not interested in using. Of course I forgot about the charge until it was 2 days late. I then got hit with a $25 late fee plus 25% interest on the original purchase. Back to Home Depot I went, this time to pay nearly $30 for a bag of cement and close the account myself. Never again will I use credit cards, especially store cards with interest rates that would make a loan shark blush. Recently I made a purchase at Macys. The cashier asked if I was interested in saving 10% by opening a store account. Having learned my lesson, I smiled and said no thank you, I'm not interested in credit cards, and paid cash for the purchase. SCHOLARSHIP WINNERS ANNOUNCED IN DAVE RAMSEY’S FINANCIAL LITERACY CHALLENGE http://www.daveramsey.com/press-release/scholarship-winners-announced-in-dave-ramseys--financial-literacy-challenge http://www.daveramsey.com/press-release/scholarship-winners-announced-in-dave-ramseys--financial-literacy-challenge Tue, 07 Jul 2015 13:07:47 CST Dave Ramsey’s Foundations in Personal Finance announces the winners of the college scholarships awarded in The Financial Literacy Challenge, including a $36,000 scholarship. Dave Says - July 6, 2015 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-06 http://www.daveramsey.com/davesays/column/column/dave_says_2015-07-06 Mon, 06 Jul 2015 10:07:47 CST I own a rental property that brings in enough to pay the taxes and insurance with a little left over. Recently, I found out that my tenant, who just signed a new two-year lease, is subleasing the property ... 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? 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 ... 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. 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! 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. 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 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 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. 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. 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. $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." You don't need a professional https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130571 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130571 2015-08-20 00:00:00.0 Ben and his wife are selling their old house. They want to know if it would be wise to have the property professionally staged. Dave doesn't think so, and he's joined by Chris Brown with some thoughts on the matter. Don't argue about it https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130542 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130542 2015-08-13 00:00:00.0 Michael's mom and dad really got into Dave's plan. They even taught Financial Peace University at their church. Now, they've leased a car, bought a new one on payments and have a bunch of credit cards. Michael doesn't know what has happened, and he wants to help. But Dave says there may be nothing he can do right now. Due diligence https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130517 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130517 2015-07-30 11:26:13.86 Gordan calls in from Milwaukee, WI. He wants to make sure the parts he gets for his work are on the up-and-up and asks Dave for advice. In the process, Dave touches on business ethics and that "gut feeling" people have sometimes. Don't do it! https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130483 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130483 2015-07-23 08:55:38.267 Jeremy and his wife are recent graduates, and they have $300,000 in student loan debt. They want to buy a rental property, with ideas of the income helping to pay off their debt, but Dave leaves no doubt he thinks this is a bad idea. Need side income https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130459 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=130459 2015-07-09 14:25:42.353 Erik was recently separated from the military, and now he hopes to have a career in real estate. His wife works as a teacher, but things are starting slowly for him. He asks Dave if they should sell their home. 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.