Category Archives: Blogs

Dave Says: When can we buy a new car?

Dave Says: When can we buy a new car?

Dear Dave, My husband and I are following your plan, and we’re in the middle of saving up our emergency fund. When do you recommend buying a new car in the process? Do we have to wait until we’ve finished all the Baby Steps? Alanna   Dear Alanna, I never advise buying a brand new car, unless…MORE

Dave Says: Time to fix the real problem

Dave Says: Time to fix the real problem

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 feel like you did something to really change your financial world when you didn’t. That’s part of the catch.…MORE

Dave Says: Preparing for the real world

Dave Says: Preparing for the real world

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 home, has trouble holding a job, and she doesn’t really want to work. When she doesn’t have money to make her car payment, she seems to expect…MORE

Dave Says: Play it smart

Dave Says: Play it smart

I love it when a person has the talent and drive to open their own business, but right now you’re unemployed and looking at going into debt. That’s a bad idea.MORE