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2012/01/04

The Best of The Dave Ramsey Show

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The Best of the Dave Ramsey Show
How much should I be spending on food this month? Our FREE Online budget will tell you. Get Started
I'm Debt Free!
We're proud of you, Dave Ramsey listeners. This month's total from debt-free Fridays weighs in at:
$1,864,000!
2011 YTD Debt-Free Total: $33,431,500!
From Twitter
Linda on Twitter asks about some ways to teach her kids to be givers as they grow up. Dave tells Linda how he did it.
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Scripture of the month
Proverbs 14:8 — " The wisdom of the prudent give thought to their ways."
Best Calls from November
Drive the Hoopty
Carrie in Traverse City and her husband paid off their last debt last week. The day she put the check in the mail, their car died. It isn't fixable, and Carrie doesn't know what to do now. Someone gave them a vehicle to use, but she doesn't know how long it will last. Dave tells Carrie they need to make do for now.

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Co-Signing Won't Help Them
Wendy in Dallas has a daughter and son-in-law who recently moved to Texas. They had a condo in another state, and since it didn't sell, they're going into a short sale. The homeowners association won't allow them to rent it. They're considering finding another small home for them, and Wendy would help them finance it. Dave has an answer Wendy wasn't expecting.

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Don't Change the Steps
Nicole in Indiana and her husband are 30 years old and have a substantial amount in retirement plus college savings for their kids. Should they put those steps on hold to pay off their mortgage sooner?

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Making A Fair Estate Plan
Diana in Texas and her husband are farmers and have two children who will inherit the farm. Diana's daughter wants to come back and farm with them. Their son would, too, but he dislikes the nastiness that comes with farming. If their daughter is working in the business, how do they handle splitting it between their two kids fairly?

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