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At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict editorial integrity, this post may contain references to products from our partners. Here's an explanation for how we make money. How far would you go to save money? Would you be willing to stop buying clothes, live with five roommates or even dumpster dive for furniture, electronics or food? Extreme as they are, these scenarios aren’t as far-fetched as you may think, especially when you consider that more than half of Americans (59 percent) aren’t comfortable with the amount of money they’ve saved, according...

Radio personality Dave Ramsey has been called out online for delivering out-of-touch real estate advice to homebuyers. “Is it even possible to follow Dave Ramsey’s advice on a mortgage?” one person asked on Reddit — and their skepticism makes sense when you do the math. The ideal way to buy a home, according to Ramsey Solutions, the finance guru’s website, is to buy it outright in cash. But if you’re not sitting on a mountain of money, Ramsey Solutions says the only home loan you should consider is a conventional, fixed-rate mortgage with a 15-year (or less) term. Your monthly...

Dave Ramsey, the finance guru radio host who offered millions of people advice for managing their debts, is now being sued for $150 million dollars by some of those same listeners.

At least eight universities have partnered with online sports betting companies, reports The New York Times. Sports betting is surging across America — with flashy ads and easily accessible apps encouraging wagers both at home and in stadiums — and has slinked its way over to several college campuses as well. The New York Times recently uncovered that at least eight universities have partnered with online sports-betting companies, while at least a dozen athletic departments and booster clubs have signed agreements with brick-and-mortar casinos. Personal finance author and radio host Dave Ramsey lambasted the institutions on The Ramsey Show. “You...

Same time frame and a nice tribute from Dave

..Welcome to the weekend gotta get "love" into the music. The governments spend more money, borrow more money from China, the countries become more like China. Which country gave us the first concentration camps any with some bad consequences for the country that was hurt by the concentration camps their own racist era followed by a left-wing one party dominated which is what South Africa is today? The country that erected the first concentration camps where thousands died (and gassed its enemies in World War One wounding Corporal Hitler among others) went on a downward spiral... Newsdump Update: Joe Biden...

This November, Ramsey Solutions bought the debt of 8,000 people from two private debt collection companies and completely forgave it—to the tune of $10 million dollars, to be exact. No strings attached. No contest to enter. No hoops to jump through. Just gone. That’s $10 million of debt wiped out—completely forgiven.

Why Churches Should NOT Take The PPP Loan From The Government!

Megyn Kelly (formerly of Fox) Talks About Cancel Culture

The book Retire Inspired builds on Dave Ramsey’s 7 Baby Steps. Dave Ramsey’s advice is to pay off debt except for the house and start saving 15% of your income until retirement. But how much do you need to retire? How much do you need to retire with the lifestyle you want, which may require more based on desires or catch-up savings? Retire Inspired answers those questions. The author’s tagline is “it’s not an age, it’s a financial number.” The financial number you need to retire inspired, the amount of money you need in your retirement nest egg to retire...

'Everyday Millionaires' by Chris Hogan was heralded as an update of the original study on people with a million dollar or greater net worth, 'The Millionaire Next Door'. While this book has many points in its favor, it falls short of some of the promises the authors made.

COOL SPRINGS, TN—Popular financial guru Dave Ramsey announced Tuesday that he has teamed up with financial services corporation Visa to offer an exciting new credit card with a credit line of up to zero dollars for everyone. “What’s great about the official Dave Ramsey card is that it always gets declined,” Ramsey said on his radio program. “Try to buy a new fishing reel? Declined. Try to book a family vacation you can’t afford? Declined. Replace a shredded tire you failed to budget for? Yup, you guessed it—declined.” According to Ramsey, the new card also offers rewards points, giving 0%...

Money Observations: Living within Your Means. The movies and Television broadcast over and over to live on other-peoples-money and to live beyond your means. But in the "Everyday Millionaires" book by Chris Hogan and on the "Millionaire Theme Hour" with Dave Ramsey, millionaires say over and over again to live within your means and to get debt out of your lives. Indeed, I did not. for the first 20 years of work, I dabbled in credit and did not have an emergency fund. Soon I found myself living paycheck to paycheck while having a decent salary. I saw something I...

A new government regulation could end up causing serious damage to freedom of speech and freedom of the press. The Labor Department is finalizing a new fiduciary rule which the government claims will save the middle class billions of dollars by requiring the the firm and adviser to provide advice “in the client’s best interest.” Via the Labor Department’s website: *Commits the firm and adviser to providing advice in the client’s best interest. Committing to a best interest standard requires the adviser and the company to act with the care, skill, prudence, and diligence that a prudent person would...

Dave Says: God Is Whispering to You Dear Dave, I was recently notified that I am one of the beneficiaries of a class action lawsuit against a previous employer. The amount I can receive is just $200, but I donÂ’t feel like this past employer wronged me in any way. Everyone around me is urging me to take the money, but I feel kind of weird about accepting anything under the circumstances. What do you think I should do? Randy Dear Randy, I donÂ’t know all the details of the episode youÂ’re talking about, or what happened with this particular...

I noticed that your Baby Steps list puts saving for retirement before saving for your kid’s college fund. Sending your kids to college would come first on the timeline, so what is your reasoning behind this?Jen Dear Jen, I advise this approach because everyone is going to retire someday, unless, of course, they happen to die before reaching retirement age. Retiring and eating are necessities. College is a luxury. Lots of people succeed in life without going to college, and thousands have worked their way through college. I worked 40 to 60 hours a week in college, and I still...

I'm posting a youtube link for my fellow Dave Ramsey fans. I think you might find it interesting.

Dave Ramsey has been speaking financial sense to millions of people for years. He has taught Americans that credit is not the beautiful thing that banks and credit card companies have tried to make it out to be. He has taught Americans that spending more than you make is never a good idea. He has taught Americans that now is always the right time to fix your spending habits and get your financial house in order. A few days ago, Mr. Ramsey decided to share his wisdom with people of all political affiliations on how the Obamacare legislation would affect...

Dear Dave, My grandfather died about a month ago, and I recently learned that in his will he distributed his money unevenly between his children and grandchildren. I received significantly more than other members of the family, but I make $140,000 a year. I’d like to give them some of my inheritance to even things out. How would you approach this? Kate Dear Kate, You’re obviously unselfish and have a really good heart. But honestly, it was your grandfather’s decision and his money to do with as he pleased. It wouldn’t be wrong or greedy to simply keep what you...

Dear Dave, My parents have always had financial problems, and they recently lost their home. They have a place to live, but since that time my father has been asking me for money. He calls me over to talk about this when my mother isn’t there and my husband isn’t home. He’s even asked for half of a $150,000 inheritance I received from my grandparents. He’s really making me feel guilty, and I’m not sure what to do. Elena Dear Elena, Your brain knows what to do, but your heart is having a hard time doing it. Your father is...