Why kids should not get allowances

As a kid, my mom gave me $20 every weekend to spend at the video arcade. She meant well, but looking back, it taught me nothing about money or how to handle it. It did not teach [...]

Book review- Dave Ramsey The Total Money Makeover

The Total Money Makeover, Dave Ramsey.

Chapter titles in bold:

The Challenge. Denial. Most of us won’t admit we have a money or debt problem. Debt Myths. Money Myths. Two more hurdles. Keeping up with the Joneses. Save [...]

Dave Ramsey on our national debt 13 trillion dollars

Dave says it best. It took the entire history of the United States until the year 2008 to get to $9 Trillion dollars in debt. In the last 2 years, we added 50% more to this number, which [...]

Dave Ramsey baby step 3: Fully funded emergency fund

Dave Ramsey’s baby steps are a great plan to follow for most anyone. Baby step 1 is covered here, and you can read about baby step 2 by clicking here. You can see all of the steps on [...]

God bless America and our troops and the yakezie challenge!

First, thanks to all our veterans and current military personnel and their families. America would not be the country it is today without your hard work and sacrifice!

Now on to the post– I’m giving the yakezie [...]

Dave Ramsey baby step 2: The debt snowball

In our first article we talked about Dave Ramsey’s baby step 1. Save $1000 for emergencies. Today we briefly discuss baby step 2. Pay off all debt but the house using the debt snowball.

In baby step [...]

Dave Ramseys baby step 1: Beginner emergency fund

Step one of Dave Ramsey’s baby steps is simple enough. But not always easy to do. Save $1000 for emergencies. ($500 if your income is less than $20,000 per year).

I think the purpose of this first step [...]