New father, 20, overwhelmed by $32K student debt and $21K car loan, fears bankruptcy — here’s the 1 thing Dave Ramsey says he can do to avoid it
If you’re deep in debt, at what point are you actually bankrupt? Before declaring bankruptcy, you have a few options to consider first. John, a 20-year-old from Nashville, is overwhelmed with debt. “I’m in so deep debt … to the point where I think I’m going to have to go bankrupt,” he told The Ramsey […]
Retiring at 60? Why your financial advisor says you need 30 years of savings — and what that really means for your future
These days, if you retire early, you could expect to live another 30 years — or even longer — in retirement. Take the hypothetical example of Dave, 50-year-old IT professional who wants to retire at 60. His financial advisor, after running several simulations, recommends that Dave have 30 years of savings set aside to cover […]
My father died 10 years ago and left his pension to me and my estranged brother. I just heard my brother has died — can I claim his share?
We’re in the midst of a great wealth transfer, with baby boomers expected to pass an estimated $106 billion to younger generations through 2048. But receiving an inheritance may prove complicated for some beneficiaries. (1) Only 44% of boomers have a will, according to Trust & Will’s 2025 Estate Planning Report. (2) Must Read Thanks […]
6 practical ways to make a rental property work for you as a Canadian investor — and save on taxes owed
Maybe you already own an income property (or two), and you’re looking to expand your portfolio. Perhaps you’d like to get your foot in the door to owning rental property. But maybe you have limited time, complex finances or anxiety around property management. For those looking to enter the market or manage their existing properties, […]
Missouri woman says her mother-in-law is camping out in her backyard — and refuses to leave. Dave Ramsey tells her there’s just 1 way to end it
Brandy called into The Ramsey Show looking for a solution to a prickly predicament: The Missouri native lives with her husband and five kids — and as of three years ago — with her mother-in-law. Brandy is growing increasingly frustrated with the situation as her mother-in-law moved into a family camper in their backyard three […]
At 41, I left a successful career to pursue my passion — but I took a huge pay cut and now I’m always worried about money. Did I make a mistake?
So you quit your job and now make less money. Have you made a terrible mistake? Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don’t have to deal with tenants or fix freezers. Here’s how Robert Kiyosaki says this 1 asset will […]
With a wobbly economy, many millennials and Gen Zers may want to move back in with mom and dad. Here are 3 ways to make intergenerational living work
They’re baaack! You thought your adult child had left the nest to start a life of their own. But, after a period of independent living, they’ve returned home — to stay. Now you’re one of the many parents globally who’s living with a boomerang kid. Nearly half (46%) of the parents surveyed for Thrivent’s 2025 […]
My husband and I downsized to a condo last year, but between our hobbies and grandkids, we already feel cramped. Is it crazy to go bigger at 70?
Three out of four Americans aged 50-plus want to age in place, according to AARP’s national 2024 Home and Community Preferences Survey (1). That usually means downsizing. But for some, upsizing is a better decision. Imagine Christine and her husband Steve, both 69, who downsized a year ago, buying a two-bedroom unit in a full-service […]
‘Please don’t do this’: Salt Lake City couple’s idea of renting-to-own so they can ‘unlock’ homeownership gets pooh-poohed by Dave Ramsey — here’s why
Danielle, 23, and her husband, 24, from Salt Lake City have applied for a state-sponsored rent-to-own program. Rent-to-own programs allow tenants to rent a home with the option to buy it later. They’re often seen as an alternative path to homeownership for people who can’t afford a down payment or don’t qualify for a traditional […]
These 5 states give US retirees the best shot at long-term retirement success and security, according to a new study — does your state make the list?
While the size of your nest egg can help determine how comfortable you’ll be in retirement, so does where you choose to live. And some states do a better job of setting up residents for success in retirement. That’s according to a Caring.com study, which analyzed a number of factors — average retirement income, homeownership […]