Fix the real problem (it’s you)
Dear Dave, I’ve heard you tell people to avoid debt consolidation companies. Why do you think debt consolidation is such a bad thing? Tom Dear Tom, The main reason is that debt consolidation makes you…
Whose money before and after wedding?
Dear Dave, I’m getting married this summer, and I’m on Baby Step 4 of your plan. My fiancée is getting onboard with your advice, too, and she’s currently in the process of paying down her…
How much debt is OK to start a business?
Dear Dave, Recently, the garage where I worked for a long time went out of business. I have a lot of my own tools, and I was thinking about taking out a loan of around…
An insurance company for investing?
Dear Dave, I’m single and a firefighter, and we have a pension plus a 457(b) retirement plan. I’m not contributing to the 457(b) right now, because I’m following your plan and in Baby Step 2,…
Pay off that debt — then save
Dear Dave, I just realized our insurance has a health savings account (HSA) option. We’ve considered dropping this insurance soon and going to a cheaper Christian medical sharing program. We’ve got about $19,000 in debt…