‘You’re a warrior princess’: Dave Ramsey builds plan for single mom living in shelter, paying her son’s medical bills — and urges her to keep fighting
It was Destiny who called The Ramsey Show from Orlando with a heartfelt plea for guidance and was met with compassion and tough love from host Dave Ramsey. At 24, Destiny is raising her one-year-old son alone while living in a domestic violence shelter. She’s behind on her car payments, works part-time delivering for DoorDash, […]
A woman and her husband won $1M off a scratch ticket, and Dave Ramsey has crystal clear plans for their spending — how to put a sudden windfall to work
A Chicago woman recently called into The Ramsey Show with life-changing news: She and her husband had won US$1.375 million from a scratch ticket. What started as a quick stop at a local gas station turned into a financial turning point. “We’re still in shock,” the caller admitted. Her husband randomly picked up the ticket […]
I spent years saving to build up a $50,000 emergency fund — and now 2 unexpected medical bills have depleted it entirely. How do I start to rebuild?
Emergency funds are an indispensable part of financial health, offering a cushion when life takes an unexpected turn. But when that safety net is suddenly gone, the loss can feel devastating, both financially and emotionally. Consider Joe. After decades of disciplined saving, he managed to build a $50,000 emergency fund. It wasn’t easy, but it […]
Here are 5 things nobody warns you about in the first year of retirement — and spoiler, they have little or nothing to do with your finances
When people think about their retirement years, their primary concerns tend to focus on financial matters. In fact, Allianz Life recently found that 64% of Americans are more worried about running out of money than death. It also found that 70% of Gen Xers worry about depleting their nest eggs. Given that many of them […]
Melinda French Gates refuses to fund her daughter’s shopping business — despite a $29 billion net worth. How do Canadian businesses find financing?
With an estimated net worth of US$29.3 billion, Melinda French Gates can easily bankroll her daughter’s business without breaking a sweat. But at a recent summit, the billionaire philanthropist confirmed she’s not funding the new venture. Gates didn’t say which of her two daughters she was referring to, but 22-year-old Phoebe Gates recently launched Phia, […]
Trump’s tariffs bring in record revenues, could reduce deficit by $4T — but will American households pay the price?
Although they have roiled markets, there’s no question that President Donald Trump’s trade policy actions have boosted the federal government’s customs revenues. The good news is this additional money coming in will help reduce the national deficit as well. Trending Now Thanks to Jeff Bezos, you can now become a landlord for as little as […]
Atlanta couple says their $22K ‘trip of a lifetime’ turned into disaster — and now they’re warning others. Would you pay up for a luxury cruise?
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. Spending $22,000 on a European river cruise was supposed to be the trip of a lifetime for Atlanta couple John and Rosemary Kaasa. After a major health scare, the […]
If the worst happens tomorrow, will your family be financially OK? How to create a financial safety net for your family
One of the most uncomfortable questions for anyone to answer is: “What if…” And with good reason. No one wants to think of the worst-case scenario when you still have your whole life ahead of you. But even though this topic is a difficult one, taking out life insurance — especially while you’re young — […]
Trump’s economy hasn’t blown up under tariffs like many experts predicted — even US inflation is steady. Is he really proving the naysayers wrong?
Both President Trump and his critics have described America’s ongoing trade war as a major overhaul of the global economy. However, we’re now several months into this volatile conflict and the impact on the economy thus far has been underwhelming. While the tariffs haven’t quite pulled in “trillions of dollars” in government revenue as the […]
My wife and I, both 60, have $2 million saved for retirement. We feel ready for the next chapter in our lives, but is it too soon for us to retire?
There’s a lot to consider when planning for retirement. Things like retirement savings and Social Security are often top of mind, but deciding when to retire can also be a tough thing to figure out. That’s exactly the position Joyce and Gina find themselves in. They’re both 60 years old and had planned to work […]