Tag Archives: Dave Ramsey

What Does Dave Ramsey Think About Timeshares?

While I don’t always agree with the financial advice that Dave Ramsey gives to his listeners, we’re both on the same page when it comes to timeshares. Ramsey doesn’t have a high regard for them, and he believes that people … Continue reading

Posted in Financial Videos, Personal Finance, Timeshares, Travel | Tagged , , , , , , , , | 11 Comments

21 Reasons Dave Ramsey Sucks at Giving Credit Score Advice

There are huge disadvantages of having no credit score. I actually know this better than most. After living over ten years in Japan, I came back to the US naively assuming that the credit history I had built over there … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Housing, Insurance, Personal Finance, Saving Money, Travel, Work | Tagged , , , , , , , , | 66 Comments

Debt Snowball: 5 Options

For anyone trying to get out of debt, the debt snowball method has become the choice of many to tackle their debt. This shouldn’t be a surprise as it is a straightforward and easy to follow method that works. While … Continue reading

Posted in Budgeting, Credit Cards, Debt, Personal Finance | Tagged , , , , , , | 6 Comments

Paying to Save Money

A coworker of mine recently decided to get her finances in order. She admitted her debt troubles and her concerns that they don’t have anything saved for the future, let alone emergencies. While I applaud her desire to fix things, … Continue reading

Posted in Budgeting, Personal Finance, Saving Money, Shopping | Tagged , , , , , , | 5 Comments

Dave Ramsey Financial Peace University Review: The Final Analysis

After thirteen weeks, Financial Peace University has come to an end. So, was it worth it? Was it something that I would recommend to someone in financial trouble? The answer isn’t a simple yes or no. There were many things … Continue reading

Posted in Debt, Personal Finance, Saving Money | Tagged , , , , , , | 10 Comments

Dave Ramsey Financial Peace University Review: Week 13

This final lesson was about Baby Step 7, Build Wealth and Give. Everything has been leading up to this. We’ve been taught how to get out of debt, save money, and invest so that we can build wealth, not only … Continue reading

Posted in Debt, Personal Finance | Tagged , , , , , , | 6 Comments

Dave Ramsey Financial Peace University Review: Week 12

This week we tackled Baby Step 6: Pay Off Your Home Early. Or I should say that was what the lesson was supposed to be about. Instead we got the most boring lesson of the bunch, and one of the … Continue reading

Posted in Debt, Housing, Personal Finance | Tagged , , , , , , , | 1 Comment

Dave Ramsey Financial Peace University Review: Week 11

All of our other lessons up to this point have focused on saving money and paying off debt. But this week’s lesson was about making money. It makes sense. You need to make good money to pay off debt, build … Continue reading

Posted in Making Money, Personal Finance | Tagged , , , , , , , , , , , | 3 Comments

Dave Ramsey Financial Peace University Review: Week 10

This week we moved on to Baby Steps Four and Five, which are saving for retirement and saving for your kids’ college education. Baby step four was on deck first, which is to save 15% of your household income in … Continue reading

Posted in Education, Investing, Personal Finance, Saving Money | Tagged , , , , , , , , , , , , , | 2 Comments

Dave Ramsey Financial Peace University Review: Week 9

This week was about the basics of investing. Once you’re out of debt and have your emergency fund, it’s time to move on to creating serious wealth. You do that by investing (or winning the lottery, but Dave doesn’t advocate … Continue reading

Posted in Investing, Personal Finance | Tagged , , , , , , | 4 Comments

Dave Ramsey Financial Peace University Review: Week 8

This week’s lesson was about how to find big bargains. I thought this was kind of a funny topic because the last thing people in debt need to be doing is shopping. But then I realized that the lessons are … Continue reading

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Dave Ramsey Financial Peace University Review: Week 7

Class this week was about insurance. You could hear the groans and sighs around the auditorium. Insurance is boring and it isn’t fun. Plus, I think people don’t like to talk about it because it means thinking about your mortality … Continue reading

Posted in Insurance, Personal Finance | Tagged , , , , , , , , , , , , | 6 Comments

Dave Ramsey Financial Peace University Review: Week 6

This week’s lesson was about the power of marketing on our buying decisions. This was my favorite lesson so far. Being a finance/consumer nerd, this kind of stuff really interests me. Dave starts out by telling us that we live … Continue reading

Posted in Debt, Entertainment, Frugal, Personal Finance, Saving Money, Shopping | Tagged , , , , , , , , , | 14 Comments

Dave Ramsey Financial Peace University: Week 5

This week’s lecture was about credit reports, credit reporting bureaus, identity theft, and collection agencies. Quite a scattering of topics. The first part of the class was on credit scores and credit bureaus. Dave makes the point that a FICO … Continue reading

Posted in Credit Cards, Debt, Personal Finance | Tagged , , , , , , , , , , , , , , | 7 Comments

Dave Ramsey Financial Peace University Review: Week 4

This is a series of posts about what you will find in Dave Ramsey’s Financial Peace University course. This is week four (week one — week two and week three) This week’s lesson focused on getting out of debt. We’re … Continue reading

Posted in Budgeting, Credit Cards, Debt, Education, Personal Finance, Saving Money | Tagged , , , , , , , , , , , | 22 Comments

Dave Ramsey Financial Peace University: Week 2

This is a series of posts about what you will find in Dave Ramsey’s Financial Peace University course. This is week two (week one) This week’s lesson is about money and relationships. I was excited about this week because relationships … Continue reading

Posted in Budgeting, Debt, Personal Finance, Relationships, Saving Money | Tagged , , , , , , , , , | 13 Comments

Dave Ramsey Financial Peace University: Week One

When I heard that Dave Ramsey’s Financial Peace University was being taught at my church this year, I was intrigued. I’ve read Dave Ramsey’s books and heard his show on Fox Business channel, but I’ve always found myself wondering exactly … Continue reading

Posted in Budgeting, Debt, Personal Finance, Saving Money | Tagged , , , , , , , , | 21 Comments

Going Into Debt to Have Kids

By Maggie Ellis It is widely taught in financial education that there are only two kinds of debt that can be considered “good debt”: A mortgage and student loans (as long as they aren’t beyond your ability to repay comfortably). … Continue reading

Posted in Budgeting, Credit Cards, Debt, Personal Finance, Relationships | Tagged , , , , , , , , , , , , | 19 Comments

Why Should You Never Trust Just One Source? Often They Don’t Know Any More Than You Do

This video from the Daily Show with Jon Stewart is funny and great entertainment: The Daily Show With Jon Stewart M – Th 11p / 10c CNBC Financial Advice thedailyshow.com Daily Show Full Episodes Economic Crisis Political Humor But it’s … Continue reading

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Dave Ramsey Falters in a Crummy Economy

By Maggie Ellis, guest writer I know many people who are followers of Dave Ramsey’s financial advice. Since the economy has tanked, it seems like I’m seeing even more people joining the Dave bandwagon, looking for a way out of … Continue reading

Posted in Budgeting, Credit Cards, Debt, Investing, Personal Finance | Tagged , , , , , , , , , , , , | 47 Comments