Dear Dave, My husband and I met a young woman through an outreach program at church. She is a single mother with a small child, and recently she asked us for money, so she could bu…
Dear Dave, My fiancé and I just started your class, but we’re having trouble getting our beginner emergency fund together. We both work full-time, and I make $59,000 a year whil…
Dear Dave, Is there ever a time when a 30-year mortgage is better than a 15-year mortgage? Julie Dear Julie, Let’s see, how should I put this? No! If you can’t afford a home on…
Dear Dave, I’m just starting my debt-free journey and trying to lay out a budget. What are your thoughts on budget billing for utilities? Ryan Dear Ryan, I think it’s wonderful…
Dear Dave, I’ve started following your plan, and I’ve got a beginner emergency fund of $1,000 saved. Now that I’m ready to start paying off debt in Baby Step 2, do you recomm…
Dear Dave, Our son is 17, and he is in school. He has a good part-time job, and my wife and I started teaching him basic money management at a young age. He understands the importa…
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 c…
Dear Dave, I’m getting married this summer and about become a stepfather, but my fiancé’s daughter from a previous marriage seems very irresponsible. She’s 20 and lives at h…
Dear Dave, I know you’re against financing purchases. However, is it okay to finance things like furniture at zero percent interest? Detrick Dear Detrick, We just finished an ext…
Dear Dave, I’m getting married this summer, and I’m on Baby Step 4 of your plan. My fiancé is getting on board with your advice, too, and she’s currently in the process of p…
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 $20,000 to b…
Dear Dave, My mom is single, and she co-signed on my student loans for college. Would it affect her credit if I couldn’t or didn’t make the payments? Terri Dear Terri, Yes, it …
