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2012/08/17

The Best of The Dave Ramsey Show

The Best of The Dave Ramsey Show
Brought to you by MyTotalMoneyMakeover.com
August 17, 2012
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The Best Calls Of July
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Memories a Good Trade For Money

Question: Luke in Nashville and his wife are disagreeing about spending money. They are on Baby Step 4 with $38,000 in a nest egg. They don't have the $75,000 they originally set a goal for. His wife is 34 and has terminal cancer, and Luke wants to take her on a vacation for about $27,000. She says no because he'll need the money when she's gone. Dave tells them to go.

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Automobiles

Buy It or Turn It In?

Aaron on Facebook leased a Honda Civic. The lease is up in about nine months. Should he save up the money over the next nine months to purchase the vehicle at the end of the lease or save up a couple of thousand for his next vehicle and start paying on his student loan now?

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Best of Dave

It's About Habits

Pam in Gainesville and her husband have an annuity due to winning part of a lottery. They receive $37,500 each year. Pam wants to pay off their debts now and pay off the house next year. Dave has some tough love for Pam after giving her his opinion about the debt.

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Insurance

Widowed With No Life Insurance

Melissa in Alabama and her husband married in November 2010. They began their debt snowball shortly after that, but he passed away two weeks ago due to an aneurysm. They didn't have life insurance, but she does have about $10,000. She has one $5,000 car debt, and he had a student loan debt. Dave helps Melissa decide what steps to take next.

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I'm Debt Free!

We're proud of you, Dave Ramsey listeners. This month's total from debt-free calls weighs in at:

$3,950,000

2012 YTD Debt-Free Total: $25,383,000!

 
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