Currently Browsing: Dave Says 61 articles
Financial Peace or Financial Risk?
Q. Is it ever okay to pull money out of your emergency fund to pay off your home? My husband and I were talking about this the other day, because […]
It’s Not Too Late to Save for Retirement
I’m 50 years old, and through a series of bad life decisions, I have nothing set aside for retirement. Now that I’m finally in a better place financially, I’m getting […]
My Wife Thinks She Owes Me
My wife and I have been married for nine months, and we’ve been following your Baby Steps plan for three months. We have about $50,000 in debt, and I recently […]
Commision for Kids?
I’m trying to wrap my head around your commission method of giving money to kids. We have an 11-year-old and a 16-year-old. Should they have individual lists of tasks, or […]
Rewards, Responsibility and Teachable Moments
Q. Our son is a freshman in high school, and he has the opportunity to take a school-sponsored, week-long trip next year with the rest of his class. The student […]
Giving is Always in Season
My husband and I are putting money aside for Christmas. Recently, we were talking about what we might get our six-year-old twins, when we decided we want to make sure […]
There’s No Fun in Dysfunctional
My husband and I are both 25. We’ve been married just over a year. I’m a stay-at-home mom, and we have one baby. Because I’m home with our son and […]
Investing or Paying Off Student Loan Debt?
Our daughter is a student, and she has $10,000 in student loan debt. She works part-time, and has a couple of scholarships, but she has borrowed a little along the […]
Medical Emergencies Come First
I recently experienced a medical emergency and unexpected hospital stay. I’m about halfway through Baby Step 2, and I’m paying off my debts using the debt snowball system. I have […]
Don’t Kick a Guy When He’s Down (but Don’t Let Him Throw a Pity Party, Either)
Our son used to own and run his own small business, until it went bankrupt a few months ago. We let him move in with us, because he hasn’t been […]