Dave Ramsey http://www.daveramsey.com/ Real Life Money Stories en-us Sat, 10 Dec 2016 23:12:18 CST 180 Saturday Sunday Dave was an answer to prayer! http://www.daveramsey.com/articles/articleList/category/100424/storyid/106132 http://www.daveramsey.com/articles/articleList/category/100424/storyid/106132 Mon, 05 Dec 2016 08:42:51 CST January 2017 will be the one year anniversary of my husband and I discovering Dave's FPU. My husband and I make between $113,000 and $120,000 a year depending on his bonuses earned, and we have two children ages 4 and 2. Up until January 2016, we had been living beyond paycheck to paycheck, pulling from savings each month to cover expenses. We would get our tax refund each year and then use it to cover whatever expenses our monthly income wouldn't cover throughout the year! It was horrible, and I literally would be sick each month paying bills. My husband and I had been praying for a little over a year for an answer. Over Christmas break (I'm a teacher) 2015, an ad for FPU popped up on my Facebook newsfeed. As I read through testimonials, God brought Deuteronomy 28:13 to my mind which states that as believers if we follow His commands He will make us the head and not the tail. I told my husband I AM DONE BEING THE TAIL! We are supposed to be the head, not the tail! And we ordered the FPU home study kit. Fast forward almost one year later, and our situation is completely different. We started with about $113,000 in student loan and car debt (2 cars). Following Dave's plan we have reduced our debt to about $84,000 - and we have budgeted to pay off the rest of my car loan ($3,000) by the end of the year. So one year into FPU, we will have paid off about $32,000 in debt. We are so thankful that God is answering our prayers. He is faithful and He provides. Dave Says - December 5, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-12-05 http://www.daveramsey.com/davesays/column/column/dave_says_2016-12-05 Mon, 05 Dec 2016 00:12:00 CST I'm 38 years old, and I've got $12,000 in student loans still hanging over my head. It's the only debt I have. I make $30,000 a year, and I've managed to save $12,000, but I'm also driving a junky, old car ... SOUTHEASTERN FREIGHT LINES OFFERING RAMSEY SOLUTIONS’ SMARTDOLLAR TO EMPLOYEES http://www.daveramsey.com/press-release/southeastern-freight-lines-offering--ramsey-solutions-smartdollar-to-employees http://www.daveramsey.com/press-release/southeastern-freight-lines-offering--ramsey-solutions-smartdollar-to-employees Tue, 29 Nov 2016 08:11:04 CST Southeastern Freight Lines, the leading provider of regional less-than-truckload (LTL) transportation services, is helping its team of more than 8,200 associates take control of their personal finances by offering Ramsey Solutions’ SmartDollar as an employee benefit. Dave Says - November 28, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-28 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-28 Mon, 28 Nov 2016 13:11:59 CST We have three preschool grandchildren, and they get tons of stuff for Christmas every year. We're in really good shape financially ... Retirement as Motivator http://www.daveramsey.com/articles/articleList/category/100424/storyid/106116 http://www.daveramsey.com/articles/articleList/category/100424/storyid/106116 Fri, 25 Nov 2016 12:18:33 CST We just completed Baby Step 2 earlier this month, and cleared $117,533 of debt in just 22 months. We're still wrapping our minds around getting rid of that much debt. Like most others, that amount consisted of just about everything- credit cards, cars, student loan debt, and the biggest one: a 32-ft RV we bought with no money down when we couldn't afford it back in 2014.We call that one our stupid tax, and it was the last one we cleared out by selling it this past month. My husband and I are in our early 60's. We got started on the Dave Ramsey debt snowball because I bought the Financial Peace University home study kit for $20 at a book sale. As I read it and digested the principles, I also started listening to Dave every day. When I talked to my husband about the plan he quickly got on board and we just kept throwing money at the debt, one after the other. Our biggest motivator was realizing that every dollar we were in debt was stealing money from a happy retirement. We regularly revisited the "Why" of what we were doing, and why we needed to stick together and get it done. We hope to pay off our mortgage in 2.5 years so we can retire debt- and mortgage-free. With our retirement savings and pensions, we should be stress free starting our next chapter. Even though we both wish we'd gotten started at a much younger age, we also believe it's never too late to get started on a debt-free life. Thanks to Dave Ramsey for pointing the way! Sue and Tim Opened sears card to purchase 2 beds. http://www.daveramsey.com/articles/articleList/category/100423/storyid/106109 http://www.daveramsey.com/articles/articleList/category/100423/storyid/106109 Wed, 23 Nov 2016 09:12:43 CST I purchased 2 beds for family members and opened a credit card with an interest rate of about 25% to do so. I thought I was only supposed to make the minimum payments which was only $10! A deal, right? Anyway, I noticed each month the balance wasn't going down. Back then, I didn't really understand how credit cards worked. Fortunately, I got fed up pretty quickly, and just paid the darn card off. No telling how much I actually paid for the beds when you include the interest. I guess it could have been worse. Very stupid. Lost job while attending FPU http://www.daveramsey.com/articles/articleList/category/100424/storyid/106108 http://www.daveramsey.com/articles/articleList/category/100424/storyid/106108 Wed, 23 Nov 2016 03:57:00 CST Fortunately, I was already on board and had several months expenses saved. Wife didn't want to move, and wanted to me to make enough for her to quit working. Told her she was nuts. Had house payment and car payment and no prospect of a job. Wife finally said I could look around outside of town for a job. Found a job 2 hours away that paid my old salary plus hers - just what she had asked. Been here 10 years, just paid off 160,000 mortgage. We are debt free!!!! Dave Says - November 22, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-22 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-22 Tue, 22 Nov 2016 14:11:32 CST We're completely debt-free with a fully funded emergency fund, and we have $350,000 sitting in the bank from a land sale a couple of months ago. My wife and I would like to buy a chicken farm ... 12K DEBT FREE IN 12 MONTHS http://www.daveramsey.com/articles/articleList/category/100424/storyid/106100 http://www.daveramsey.com/articles/articleList/category/100424/storyid/106100 Tue, 22 Nov 2016 02:37:13 CST IT ALL STARTED BEGINING OF THE YEAR I PURCHASE TOTAL MONEY MAKEOVER STARTED READING IT AND IT GOT MY GAZELLE INTENSE TO PAY OFF DEBT SO I TALK IT OUT WITH MY WIFE AND WE BOTH GOT ON BOARD WE ATTACK 5 K AUTO LOAN 10 K FURNITURE STORE CREDIT CARD AND COMPLETED BABY STEP 1-2 WORKING ON STEP 3 THEN JUMP TO BABY STEP 6 BECAUSE ALREADY DO 15% AT OUR JOBS SO EXCITED OF LEARNING DAVE RAMSEY TECHNIQUES ON ELEMINATING DEBT THANKS DAVE THANKS GOD FOR HIS BLESSINGS HE GIVEN US BEUTIFUL CHILDREN 2 YEAR DAUGTHER AND 4 YEAR BOY. Always listen to Dave. http://www.daveramsey.com/articles/articleList/category/100423/storyid/106096 http://www.daveramsey.com/articles/articleList/category/100423/storyid/106096 Fri, 18 Nov 2016 11:12:36 CST I decided when starting the baby steps, that it was smarter and faster to open a new credit card to have for emergencies than to save the one thousand dollars. Well two months and $3,200 extra debt from things I didn't need later I learned my lesson. I pushed my debt free timeline back another six months because of that and I'm still recovering. Dave Says - November 15, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-15 http://www.daveramsey.com/davesays/column/column/dave_says_2016-11-15 Tue, 15 Nov 2016 09:11:27 CST My wife and I make a little over $50,000 a year combined, and we're almost debt-free. Right now, we have $50,000 left on our mortgage and $4,000 in student loans left to pay ... Baby Step 1 - Check http://www.daveramsey.com/articles/articleList/category/100424/storyid/106081 http://www.daveramsey.com/articles/articleList/category/100424/storyid/106081 Sat, 12 Nov 2016 07:44:07 CST On October 4, 2016 I attended Dave's Smart Money talk in Charlotte, North Carolina. My husband and I completed a Financial Peace University class in 2007 and were doing pretty well until my husband died in 2014, followed by my son, 5 weeks later. When I woke up a year and a half later I was crazily in debt and had made so many bad grief-filled decisions that I thought this had to be someone else's life. So I dusted myself off and asked what my husband would do in a case like this. During one of my volunteer stints, someone was talking about going to see Dave in a few days. I immediately remembered how great Dave's plan was, looked him up on the web and found that he would be in my town the next week!!! I went, got inspired and started on Baby Step 1 immediately. I began selling things and funneling found money to my savings. I've even taken a part-time job. This morning I deposited my first pay check to my savings account and I made $1000. Now to the debt snowball. Thanks Dave for your guidance and inspiration. Money Management Expert Dave Ramsey Joins SiriusXM http://www.daveramsey.com/press-release/money-management-expert-dave-ramsey-joins-siriusxm http://www.daveramsey.com/press-release/money-management-expert-dave-ramsey-joins-siriusxm Thu, 10 Nov 2016 10:11:41 CST Today SiriusXM announced that Dave Ramsey, America’s trusted voice on money and business, will bring his award-winning program “The Dave Ramsey Show” to SiriusXM. Dave Says - November 7, 2016 http://www.daveramsey.com/davesays/column/column/dave_Says_2016-11-07 http://www.daveramsey.com/davesays/column/column/dave_Says_2016-11-07 Mon, 07 Nov 2016 11:11:58 CST I've been out of college for a few years, and I have no debt. I'd like to start investing, so I'm thinking about buying a triplex, living in one of the apartments, and renting the other two ... Dave Says - October 31, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-31 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-31 Mon, 31 Oct 2016 11:10:27 CST I work for a small company that just won a cruise trip for all the employees. The prize covers just the cruise tickets, and we have to pay for everything else. The problem is ... Dave Says - October 25, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-25 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-25 Tue, 25 Oct 2016 09:10:33 CST My husband owns a small landscaping and masonry company. His profits over the last couple of years have been about $80,000 annually ... Dave Says - October 17, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-17 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-17 Mon, 17 Oct 2016 11:10:53 CST I'm 23, and I lost a good job a few days ago due to layoffs. My wife has been a stay-at-home mom with our 10-month-old daughter, and we have very little in the way of savings ... New Report Finds Most Employees Are Scared or Confused About Their Money http://www.daveramsey.com/press-release/new-report-finds-most-employees-are-scared-or-confused-about-their-money http://www.daveramsey.com/press-release/new-report-finds-most-employees-are-scared-or-confused-about-their-money Tue, 11 Oct 2016 09:10:54 CST Most Americans are scared and confused about their handling of personal finances, according to a new report by SmartDollar and its parent company Ramsey Solutions. Dave Says - October 10, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-10 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-10 Mon, 10 Oct 2016 11:10:43 CST My mom is 95 years old, and she's in amazing health. Financially speaking, she has about $150,000 in Certificates of Deposit, money market accounts, and savings bonds ... I'M DEBT FREE-For 5 Years! http://www.daveramsey.com/articles/articleList/category/100424/storyid/105908 http://www.daveramsey.com/articles/articleList/category/100424/storyid/105908 Sat, 08 Oct 2016 04:10:24 CST Every year I celebrate the anniversary of when I became Debt Free, October 6, 2011. I was 27 years old and had been listening to Dave Ramsey on the radio and online for several months. I found Dave Ramsey by accident, driving through Arizona for work and scanning channels. The introduction to the show hooked me and I started listening to the show everyday. I had a "small" amount of debt, between $8,000 to $10,000, but it was constant since I was in college. I got the credit card freshman year and thought I was doing well financially when my credit limits kept being raised as I was carrying more and more debt. I also had little to no savings. Dave Ramsey was my wake up call and I decided to get Debt Free before my 28th birthday. I started the baby steps and a week before my birthday I completed Baby Step 2 and let go of the constant credit card payments that I had been carrying for almost 10 years. To this day my family and friends still think I'm weird with my reluctance to get back into debt. I am saving for a 100% payment on a house and because of Dave Ramsey and FPU I am heading toward a financially secure future I never believed I could have. I'M 5 YEARS DEBT FREE!!!! Dave Says - October 3, 2016 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-03 http://www.daveramsey.com/davesays/column/column/dave_says_2016-10-03 Mon, 03 Oct 2016 10:10:37 CST My wife and I are on Baby Step 2 of your plan, and I'm in graduate school while working full-time. We're trying to cash flow my education from this point forward after previously taking out student loans ... Princess Teeth http://www.daveramsey.com/articles/articleList/category/100424/storyid/105821 http://www.daveramsey.com/articles/articleList/category/100424/storyid/105821 Fri, 23 Sep 2016 06:19:44 CST My daughter had dentist surgery this Monday to have crowns put in. Dental insurance is not the greatest, the procedure was a little over $1200 and our responsibility was $526. My wife carries our dental insurance and was considering doing "Care Credit" to cover the cost. Care Credit is the same as a 18 month, no interest credit card. Once I saw the final amount I just pulled the money from savings and just paid it. I know I'm only talking about $526, but it felt great that I had enough in savings to cover it, and now we don't have that hanging over our head. I know this was possible for two reasons -- no credit card debt and putting away money into savings every two weeks. So we tell our daughter she has "Princess Teeth" since they were crowned. New Study from Ramsey Solutions Finds Only 1 in 10 Americans Currently Saving Enough for Retirement http://www.daveramsey.com/press-release/new-study-from-ramsey-solutions-finds-only-1-in-10-americans--currently-saving-enough-for-retirement http://www.daveramsey.com/press-release/new-study-from-ramsey-solutions-finds-only-1-in-10-americans--currently-saving-enough-for-retirement Wed, 14 Sep 2016 07:09:11 CST Nearly half of Americans aren’t saving for retirement, and those who save aren’t saving enough, according to a new survey by Ramsey Solutions, a leading company in financial education. “THE DAVE RAMSEY SHOW” SURPASSES 575 RADIO AFFILIATES NATIONWIDE http://www.daveramsey.com/press-release/the-dave-ramsey-show-surpasses-575-radio-affiliates-nationwide http://www.daveramsey.com/press-release/the-dave-ramsey-show-surpasses-575-radio-affiliates-nationwide Mon, 12 Sep 2016 15:09:12 CST “The Dave Ramsey Show” is now available on more than 575 radio affiliates and is heard by more than 12 million listeners weekly. Securian Adds SmartDollar to Its Retirement Plan Education Platform http://www.daveramsey.com/press-release/securian-adds-smartdollar-to-its-retirement-plan-education-platform http://www.daveramsey.com/press-release/securian-adds-smartdollar-to-its-retirement-plan-education-platform Mon, 12 Sep 2016 12:09:36 CST Securian Financial Group has added SmartDollar, a financial wellness solution created by author and national radio show host Dave Ramsey, to its retirement plan participant engagement and education platform. STUDENTS WITH PERSONAL FINANCE EDUCATION EXHIBIT STRONG MONEY KNOWLEDGE AND HABITS http://www.daveramsey.com/press-release/students-with-personal-finance-education-exhibit-strong-money-knowledge-and-habits http://www.daveramsey.com/press-release/students-with-personal-finance-education-exhibit-strong-money-knowledge-and-habits Mon, 22 Aug 2016 07:08:40 CST A new study by Ramsey Solutions, a leading company in financial education, finds that students who are taught personal finance lessons in the classroom have a better understanding and more confidence when it comes to managing their money. More and more stupid tax http://www.daveramsey.com/articles/articleList/category/100424/storyid/105703 http://www.daveramsey.com/articles/articleList/category/100424/storyid/105703 Mon, 22 Aug 2016 05:17:47 CST I started school in December 2012. Luckily, school was being paid for by the VA, otherwise I would have amassed $50K more in student loan debt! However, as it stood, I was roughly $45K in debt with a nice truck and credit card debt. My only income was the GI Bill and a disability check from the VA, totaling about $20K per year. I was drowning! In April of 2013, I received a lump sum disability payment and immediately went and got a $15K motorcycle loan! On top of that, I wasn't budgeting. I was going out all the time with my roommates, my brothers, and also going to local restaurants to partake in "FREE" poker games that usually cost me $30-40 per night in food and drink. On the way to these poker games I would listen to the radio and I kept hearing these people talking about their stupid mistakes and then I would hear these people yelling they were debt free. I never really knew what the show was because the drive wasn't long enough to barely make it through a commercial break. I researched and finally figured out what it was. Immediately I went and got The Total Money Makeover and I read it in 2 days. I got rid of my truck in June 2013. I was negative $8,000 on it and got a loan for an $8,000 car. So, I knocked off $9k with that. Then in July I called my amazing Mom and asked her for some help to sell my motorcycle. She gave me the difference to sell the bike, and that knocked off another $9k. I promptly paid her off and continued with my credit card debt. I graduated school in December 2014 with about $25K in debt still. The whole time I was in school I was having migraines, severe back pain and spasms. I tried getting help through the VA, but this was at the same time the Phoenix VA scandal was going on. In January of 2015 we moved back home to Northern California, so we had to save up money for that and it pushed back my debt snowball a bit. The pain was still there and my Mom advised I see a chiropractor. Sure enough, they diagnosed me with "Military Neck" - a severe misalignment in my spine that was the cause for the pain and spasms. The treatment for the chiropractor was going to be $4800, that I obviously could not afford. My amazing Mom ended up paying that up front and I paid her back in less than 4 months. I paid my final car payment of $5346 in April 2016. To this day I still have back pain and regularly see a chiropractor, but I am now able to pay for a full year's worth in advance! My only debt is our house. My income ranged from $20,000 and is now over $100,000. Thank you Dave Ramsey for the wonderful work that you do, without your guidance I would have continued to rack up debt and definitely would have considered bankruptcy. Stupid is too kind a word. http://www.daveramsey.com/articles/articleList/category/100423/storyid/105650 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105650 Mon, 01 Aug 2016 11:55:19 CST I ran up $35,000 in credit card debt and another $18,000 on an equity line of credit. I used the equity loan to replace the A/C system in my house and for major repairs on my car. The worse part is that it cost just over $13,000 for these two incidents...so how did my CC balances get so high...and on what? "Stupid" is too kind a word to describe a person like me. I made good money and I thought as long as I could make the payments I was fine. It's when one thing after another kept happening and my cards were almost maxed out is when I finally woke up I got a second job over a year ago and I found Dave Ramsey's show on the radio. I already started paying down debt and then he explained the baby steps. I finally finished baby step 1 and I no longer charge on any CC. I have closed two CC accounts since then. I am doing much better now but I am paying a horrible price for my stupidity. I think about the regret of not being able to invest or help others as I would like. I want others out there to know that there is a way out of a bad financial situation even when you are the one who created it. I did this to myself and I take responsibility for it. A New Future http://www.daveramsey.com/articles/articleList/category/100424/storyid/105649 http://www.daveramsey.com/articles/articleList/category/100424/storyid/105649 Mon, 01 Aug 2016 11:16:44 CST I wanted to write this day one of my snowball rollin??? journey but how could I tell a story that hasn???t happened yet? I DID IT! I paid off almost $31k debt this past Saturday after fourteen months! I had graduated college with over $60k in student loans seven years ago, plus the purchase of two cars in that time frame. I had slowly chipped away at my debt over the years, sometimes going more intense than others because I would feel the need to treat myself to things or make that travel bug of mine feel complete. Last June I woke up out of bed and my first thought was, ???I need to get out of debt by 30.??? And just like that, things started happening for me. There was no excuse for me having a decent income and only needing to depend on myself (single gal here) and still having this mountain of car and student loan debt. I was thankful that I already knew how to build a budget and stay on track with it so it was only a matter of tightening down and being honest with myself on the NEEDS and the WANTS of life. I needed shampoo, I didn???t need to pick up three other products in the same beauty section just because I was there. I leaned on my friend who had gone through the FPU program previously with her husband and she recommended I read the book entirely through first. I read it three times. It was tough to wrap my mind around draining my savings account down to the $1,000 emergency fund and stopping my 401k contributions, but I knew it would kick start everything. I had read stories about families only living off of one person???s income and the rest going entirely towards the debt so I started living off of one paycheck a month and the other one going towards the debt. I also made it a vow to not purchase any new clothing or travel until I was debt free. I avoided malls like the plague and went grocery shopping during times I knew it would be busy so I wouldn't aimlessly wander through the aisles. Murphy knocked once with a trip to the ER but I never faltered, just increased my HSA to take advantage of the tax break and dug deeper. I had charts that I would fill in when I made a payment, my budget was calculated out a year in advance so I could plan for insurance and holidays, I kept my projected debt free date and a picture of my dream vacation to Italy in my wallet. I was not shy about talking about my goal of getting out of debt to friends and family. They had to know why I had to turn them down on shopping days, trips and nights out for drinks and why I was on this mission. I read stories like this when I was having a rough day and my parents helped keep my spirits up on more than one occasion when I would talk about throwing in the towel. Envisioning my new future, and what I could become, made all the difference in the world and gave me drive. I exceeded my goal, I still have 6 months left till I???m 30! I feel like I???ve earned my diploma twice now, I???m not sure which time was more rewarding. And I???m passing on my story to friends and family in hopes that they start their path on to being debt free. Whether you know it or not, this community has helped me so a huge THANK YOU to the FPU family! Beginning band? READ THIS http://www.daveramsey.com/articles/articleList/category/100423/storyid/105648 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105648 Mon, 01 Aug 2016 10:43:33 CST I went to a local, and recommended, music store for my child's band instrument. As a beginner, we planned to rent. NEED TO KNOW, rent to own programs are purchases with interest. I should have realized this when credit check was run. Anyway, we trusted the sales person with the instrument we left with, knowing it was used, knowing it looked used, however, not knowing the true value and age. While they offered an early payout, that seemed like a better deal than the long term payment plan, it was double what the value of the instrument was. AFTER doing research, I went to another music store, with my instrument, and purchased a used and newer instrument for less than the asking price of the rented one. I also found out that the instrument being rented to me was 30 YEARS OLD!!! Yep, that actually happened. My stupid tax, $188 for the rental term of the contract I signed. Better than paying $800 for an instrument worth $300-$400. Advice: Do your homework!! Don't think that a music store associate will help you with information. Look online at blogs for the instrument you are looking to purchase. The same instrument recommended on multiple sights should be a good choice for a beginner. You can also compare prices and know if you are getting a fair deal, or the shaft, like I did. Learning the credit card dance http://www.daveramsey.com/articles/articleList/category/100423/storyid/105645 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105645 Sun, 31 Jul 2016 08:26:23 CST I actually thought I was doing well with my credit cards until I stopped to read the bill. Usually I glanced at the bill and fired off a payment but this time I noticed a late payment fee of $25.00. My checking showed 22 days from mailbox to them posting it. It also (on page 4) informed me my interest rate was now 27.5%. I studied my bill of about $3500 with $62 a month payment and discovered that $50 was for interest only and $12 to principle. Got mad and did math! The late fee was going to add 2 months and I was going to be paying for another 22 years! Found a weekend job that netted about $400 a month and shut that card down in 8 months. They cancelled my card a few years later for lack of use. Debt freedom and Murphy...and then some! http://www.daveramsey.com/articles/articleList/category/100424/storyid/105625 http://www.daveramsey.com/articles/articleList/category/100424/storyid/105625 Wed, 27 Jul 2016 03:36:06 CST My husband and I began our debt free journey in 2011. We owed a total of $100k in car payments, credit cards, student loans, and medical bills after having our son with no health insurance back in 2009. We finally paid off all of our debt on June 19th, 2015. We did not go out to eat, go on vacations, or buy anything that was not absolutely necessary during those four years. We were making an average income of about $60k a year. During this time we were also trying to have our second baby. Finally, after three years of trying and cash flowing fertility treatments we became pregnant with our daughter in October 2015. That was also the month we finished our emergency fund. During this time, we also sold our house and moved into a beautiful house in a great neighborhood. Tragically, this amazing experience was not going to last. In May 2016, we lost our beautiful daughter at 34 weeks due to an umbilical cord accident after a perfect pregnancy. Three weeks later our dog passed away unexpectedly. This has been the darkest time of our entire lives. We do not know what the next steps are for us, but the one thing I am thankful for is that we were debt free when all of this happened. Between unexpected hospital bills, vet bills, funeral expenses for our daughter, and me being out of work for 7 weeks, I do not know how we would have managed if we weren't debt free and did not have an emergency fund. We have been able to grieve the loss of our daughter without having the added stress of making monthly payments. If you are working the plan and feel discouraged, or have others telling you that you don't need to be debt free or have savings, DO NOT listen to them. You never know what life is going to throw your way. Trish Employer Retirement Education Plays Key Role in Long-Term Financial Success http://www.daveramsey.com/press-release/employer-retirement-education-plays-key-role-in-long-term-financial-success http://www.daveramsey.com/press-release/employer-retirement-education-plays-key-role-in-long-term-financial-success Tue, 19 Jul 2016 15:07:00 CST A new study by Ramsey Solutions, a leading company in financial education, finds that employees with access to financial and retirement education have less stress, more savings and more confidence than those without access. Buy Here, Pay Here http://www.daveramsey.com/articles/articleList/category/100423/storyid/105586 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105586 Fri, 15 Jul 2016 03:37:50 CST To keep the story short and on point I will be omitting some details (like how I got into this situation. Yes, I never thought this was a good idea but unfortunately this was the best solution for my problem at the time.) I have purchased a 2007 Jeep Patriot from Drive Time back in August of 2014.After being suckered into their "extras" (i was told they could not sell me anything unless I took what they added into the Jeep for their financing .) The ending price was $18k with 20% interest. I have been making payments of $440 a month since then and i have barely made a dent into this nightmare of a loan. I have attempted to go to banks, credit unions and online loan sites lending tree. No one will refinance with me. They offer blue book value for a loan (which is fair) but I am roughly $7k upside down. My question is how do I over come this? I have 2 jobs that i work and the money from the secondary job goes to other debt, mostly legal debt. I am really wanting to get out of a 20% loan and into something that is more reasonable. I doubt there is any place that would lend a person around $15k and then pay them back? The most common advice that I hear is pay extra. My payment is at $440 and I attempt to live below my means but there is a still a real struggle. There has to be a way out of this 20% interest loan. American Depressed Card http://www.daveramsey.com/articles/articleList/category/100423/storyid/105562 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105562 Thu, 07 Jul 2016 11:26:19 CST When we started our business in 1985, there was a great waterline project to be designed in Brazil. That meant plane tickets from Pennsylvania and Colorado to Brazil. We were not the only ones who needed to go to the site. Everyone else had employee mentality even though they expected big profits as if they were owners. Eventually the deal fell through because we would not pay bribes to the local officials in Brazil. Guess who was left with $74,000 of plane tickets on a brand new American Express card? I called Am Ex and told them I'd pay the bill but not that month. That took a long time to pay back. Never one word of sympathy or help from the others, just one fellow who threatened to sue us because he thought we owed him a long term job. Leverage Lessons http://www.daveramsey.com/articles/articleList/category/100423/storyid/105532 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105532 Fri, 24 Jun 2016 08:24:55 CST Bought a house on interest only loan for lower payments then rented it out for positive cash flow and finally upgraded to a "nicer house." Life seemed GOOD. Then, the interest costs kicked in and my payments increased to $400+ per month. Ten years later, the net lose was $70K net after selling. Then, I kept the new house with PPI but finally sold it for a 30K net lose. To make things worse, I ran up 19K in CC debt Tto support the rental house and lived on those during a few months during unemployment because I had no emergency fund (I leveraged everything so no cash). Then, I starting to watch Dave's videos and read one of his one book. Now, I have 1K set aside and: Today: Renting. I Sold both houses but lost 100K (both had ongoing repairs and one rental vacancy off/on). CC Debt: Reduced to $3300.00 (better); 16K paid. No Car payment (I want to jump into a new car but staying focused). The deal said, "your payments would only be $425 per month." LOL. Student Loan: 45K and had it for 15 years cause I wanted to lowest payment to "leverage" monthly cash flow for the house listed above (plan to tackle that next). My lesson: DO NOT LEVERAGE MONEY, EVER!! Millennials Outperforming Older Generations in Retirement Readiness http://www.daveramsey.com/press-release/millennials-outperforming-older-generations-in-retirement-readiness http://www.daveramsey.com/press-release/millennials-outperforming-older-generations-in-retirement-readiness Wed, 15 Jun 2016 07:06:38 CST Even though Millennials have had less time to build their retirement wealth, they are already catching up to many of those who are closest to retirement, according to a new survey by Ramsey Solutions, a leading company in financial education. Credit Card "Discount{ http://www.daveramsey.com/articles/articleList/category/100423/storyid/105487 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105487 Thu, 09 Jun 2016 03:39:40 CST My neighbor gave us a gift certificate for $50 on Amazon. When I went to order, Amazon offered a credit of $50 if I applied for their cc. So "of course" I applied (STUPID!!!). That left me "only" having to pay $7 for what I was ordering. YEARS later, I'm still paying off that stupid credit card, so that item has cost me thousands of dollars. 14 years in Credit Card Debt!!! http://www.daveramsey.com/articles/articleList/category/100423/storyid/105469 http://www.daveramsey.com/articles/articleList/category/100423/storyid/105469 Tue, 07 Jun 2016 03:48:20 CST Yesterday, my wife and I paid off our last credit card. I got married with about 3,000 in credit card debt 13 years ago, and it has taken us 14 LONG years of our lives to pay off all this debt. Wow, what a terrible ride it has been let me tell you! But we have survived and now I wish I could go back in time, and do it all differently. The actual debt we have paid back is around $30,000 but that does not include the interest, so in theory we probably have paid back around $37,000 in credit card debt. Many of those years we only had a HH income of about $55,000. Yep! Talk about a hard long road. But now, we have a plan: It's called a Budget! And we still have major debt: About 20,000 in Student Loans, and $10,000 in car loans. But with our current momentum, we'll be completely debt free in 3 years from today. 3 more years. That makes 17 years total of stupidity! Man I wish I could go back in time!!! Thanks Dave for all your wisdom, I wish I would have discovered you back in 2002. WINNERS ANNOUNCED IN DAVE RAMSEY’S FINANCIAL LITERACY CHALLENGE http://www.daveramsey.com/press-release/winners-announced-in-dave-ramseys-financial-literacy-challenge http://www.daveramsey.com/press-release/winners-announced-in-dave-ramseys-financial-literacy-challenge Wed, 25 May 2016 10:05:51 CST Ramsey Solutions’ Foundations in Personal Finance announces the winners of the college scholarships awarded in Dave Ramsey’s Financial Literacy Challenge, including a $40,000 scholarship. $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." A bad idea https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131686 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131686 2016-12-07 09:58:16.25 Sandy is wondering about the wisdom of transferring an IRA over to gold. Dave let's her know, beyond a shadow of a doubt, that it's a bad idea. Eyes wide open https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131666 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131666 2016-12-01 14:58:21.917 Jen's husband is an optometrist. He has been offered the opportunity to become a full partner at the practice in which he is currently an associate. Jen asks Dave for advice on evaluating the offer, so that they can make a wise and informed decision. Listen as Dave talks about the pros and cons of partnerships and business models. Let them be kids, too https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131656 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131656 2016-11-22 15:15:36.897 Valerie and her husband would like to give something to their grandchildren for Christmas other than the usual toys. Dave likes their idea of planning for the future, but he advises them to throw in a few toys, too. The teacher was wrong https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131655 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131655 2016-11-22 14:36:09.297 Allison's daughter was given some inaccurate financial information by a college instructor. When Allison asks how to handle the situation, Dave gives her some practical advice and an amusing story regarding one of his own daughters. Dave for president? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131650 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131650 2016-11-15 11:13:41.65 Dave answers fans who think he should run for president. Listen to his humorous response, as he details the reasons it would be a bad idea. Snakes bite! https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131632 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131632 2016-11-03 11:46:27.107 Tyler and his wife have the cash to pay for an entertainment center, but the manager has offered them a 10 percent discount if they get a store credit card. Dave warns them to stay away from this kind of stuff. Automatic round up? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131631 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131631 2016-11-03 11:17:54.387 Becky asks Dave what he thinks about bank automatic savings plans that round up each transaction and put the rest into savings. Dave urges her to save and invest on a much larger scale. Special needs coverage https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131606 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131606 2016-10-21 09:23:32.563 Alicia and her husband have a special needs child. She asks if they should take advantage of the child rider on their insurance policy. Dave thinks it's a good idea in their situation and explains why. Targeted funds for retirement? https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131607 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131607 2016-10-21 00:00:00.0 A Twitter follower asks Dave his opinion of using targeted funds for retirement. Dave doesn't advise it, saying the best way to approach investing is to keep things as simple as possible. Be grateful and professional https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131585 https://www.mytotalmoneymakeover.com/?event=dspAskDave&intContentItemID=131585 2016-10-13 09:25:19.287 JT has worked at a small company for 17 years. The last time he received a raise was for just 50 cents, and that was 10 years ago. He has found a better paying job, so he asks Dave how to handle leaving a business where everyone is like family. Listen as Dave helps him out and, in the process, provides a look at both sides of the equation when a team member leaves a company.