Category Archives: Dave Says

5 ways to achieve your own version of life balance   

5 ways to achieve your own version of life balance   

5 ways to achieve your own version of life balance By Christy Wright Overworked. Overscheduled. Overconnected. That’s the world we live in today. It’s overwhelming to say the least! The U.S. Bureau of Labor Statistics found, on average, people with full-time jobs work more than the 40 hours required of them during the workweek, and even…MORE

Dave Says: Helping Friends

Dave Says: Helping Friends

Dear Dave, I’m on Baby Step 2 of your plan, and I’ll be debt-free except for my home by the end of the year. I have a friend who is very irresponsible with his money, and he often asks to “borrow” cash between paychecks. I don’t want to be cruel, but things are getting out…MORE

Dave Says: The perfect time?

Dave Says: The perfect time?

Dear Dave, My wife and I are both 46, and we have two teenagers in middle school. We were told recently that now is the perfect time for us to buy long-term care insurance. How do you feel about this in our situation? Thomas Dear Thomas, No, now is not the perfect time for you…MORE

Dave Says: Lost and overwhelmed

Dave Says: Lost and overwhelmed

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 while he has worked in retail for several years and makes $22,000 to $25,000. I’m trying to manage a couple of side jobs, but we…MORE

Dave Says: Diversify advisors?

Dave Says: Diversify advisors?

Dear Dave, We’re wondering if we should diversify our investments by hiring multiple advisors with different companies, so we won’t have all our eggs in one basket. Your thoughts would be appreciated. Marya Dear Marya, I would get one advisor, and I wouldn’t invest all my mutual funds in one fund. Virtually all mutual fund advisors can sell pretty…MORE

Dave Says: It’s only temporary

Dave Says: It’s only temporary

Should I still contribute up to the match to my 401(k) at work, like you recommend, if I’m in the process of trying to get out of debt?MORE