Here are four reasons your home may be sitting on the sidelines—and how to get it back in the game.
Dave Ramsey answers reader questions about personal finances.
Children should be assigned weekly chores that are age-appropriate. Then, when the work gets done, they get paid. And guess what? If the work doesn’t get done, they don’t get paid!
If you have things in your life that are pulling at you financially at some point you may have to ask the hard question, “What is more important to me: horses and boats or home ownership?”
Dave says husbands and wives should make financial decisions together so that both will be happy and the final decision a blessing in their lives.
Dave says if you can’t afford to fix something you bought if something goes wrong, then you couldn’t afford to buy that item in the first place!
More than anything you just need some good business planning and time management.
The basic idea here is to always handle your money with planning, purpose and maturity.
I recommend people do everything they can to avoid bankruptcy. It’s not an easy do-over, it’s a last-resort kind of thing.
Long-term interest rates are still really low. If you were to buy a bunch of bonds right now, and interest rates went up even one percent, you could lose a lot!
When you start to win with money you discover pretty quickly that there’s a very small group of people you can celebrate with.
Winners and successful people quit all the time; they quit doing things that aren’t working.
Work creates money, and that’s an important thing to teach your kids.
If she accepts responsibility and starts working hard toward handling her money wisely, you might help her out once in a while.
You have to get mad at the things that steal your money a dollar or two at a time.
Find one good broker you’re comfortable with and who has the heart of a teacher.
Pre-planning and making selections ahead of time is a great idea, but it’s never a good idea to prepay for this kind of thing.
Dave recommends people delay all types of investing until they are debt-free and have an emergency fund of three to six months of expenses.
There hasn’t been an instance when people used gold as a medium of exchange in a crashed or failed economy since the Roman Empire.
You’ll have to repay the loan and probably the interest and some of the late charges. But $16,000 in fees is a bunch of crap.