This unemployed Texas man pays $1,200/month for his $56,000 car, has $94,000 in total debt — he blames it on a weird ‘dynamic’ with mother-in-law. Dave Ramsey doesn’t buy it
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. American households carry $1.66 trillion in auto loan balances collectively, according to the Federal Reserve. While there may be many different excuses that justify taking on massive auto debt, […]
I put away money every month to give to my child when they turn 18. I opened a CD account with two years’ worth, but is there a better way to grow this money?
Many kids struggle to get started financially when they become legal adults, so if you’re a parent putting away money to give to your child when they turn 18, you’re already setting them up for success. However, it’s also smart to look into ways to grow this money so you can give your kids the […]
I’m 36, engaged and finally financially stable — but I just found out my fiancée has been hiding $82K in credit card debt and now she refuses to sign a prenup. Is this a dealbreaker?
You’ve found the one. The love of your life. You’re planning a wedding, dreaming about your future and picturing a lifetime of shared memories. So, a prenup is not even in the picture. But then, a financial curveball is delivered. In the middle of cake tastings and venue tours, one man stumbled onto a discovery: […]
‘I feel like an idiot’: Dallas woman says she’s divorcing her husband of 27 years after discovering he secretly racked up $1M in debt — but Ramsey Show hosts say she needs to own her part
When you enter into a marriage, you expect your spouse to be faithful. But sometimes, a different type of infidelity — financial — can rear its ugly head. That’s what happened to Cathy from Dallas, Texas, who recently called into The Ramsey Show seeking urgent financial advice. Cathy revealed to co-hosts Ken Coleman and Jade […]
Super-rich Americans like Mark Zuckerberg and Jay-Z have taken out mortgages for homes they can easily afford — here’s why
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. For many people, the only way to afford a home is to finance it with a mortgage and pay off that loan over time. During the first quarter of […]
I’m inheriting my elderly parents’ $680K investment portfolio — it’s managed by a long-time advisor with a 1.75% fee. Should I fire the manager for taking too high a cut or stick with him?
When you’ve lost your parents, not only have you inherited your their portfolio, you’ve also inherited their long-time advisor. Now you’ll have to decide if you should move the money elsewhere or even manage it yourself. But, since the portfolio has strong returns, why mess with it if it ain’t broke? This can be a […]
Canadian Tire saves a piece of Canada’s soul with Hudson’s Bay stripes deal
Canadian Tire’s $30-million acquisition of the iconic Hudson’s Bay stripes and other brand assets isn’t just a business deal — it’s a cultural moment. In purchasing one of the country’s most enduring symbols, Canadian Tire is staking a claim on national identity and nostalgia — a move that appears to be in step with the […]
‘Now I don’t know’: Nearly 70% of South Dakota voters in this area cast a ballot for Trump — now, some share frustrations as they brace for the impact of tariffs on their local economy
In eastern South Dakota and the surrounding area, nearly 70% of voters picked Donald Trump during the 2024 election. Although few regret their decision, this agriculture-based community is starting to feel financial pressure from Trump’s tariff decisions. Don’t miss I’m 49 years old and have nothing saved for retirement — what should I do? Don’t […]
These 2 major cities saw the steepest increases in grocery prices across the US — here’s what’s driving that surge and how to stop your weekly shop from eating up your whole budget
Groceries are one of the largest line items in anyone’s budget, so when prices increase, your wallet is bound to feel the pinch. While food prices have gone up throughout the U.S., two major metropolitan areas saw the most significant increase. Don’t miss I’m 49 years old and have nothing saved for retirement — what […]
‘Trump lit the match and burned the house down’: Market chaos has fueled the rise of ‘finfluencers’ — here’s what you must keep in mind to avoid seeing your wealth go up in flames too
Influencers are no longer just shaping Americans’ shopping habits and fashion choices — they’re also playing a role in how people manage their money. And one type of influencer has become particularly popular: the “finfluencer.” Short for "financial influencer," these creators break down complicated topics like investing, budgeting and wealth-building in everyday language — offering […]
