Why this Dave Ramsey follower still uses a credit card

As much as I preach the Dave Ramsey financial gospel, there is one solid thing that I disagree with him on. I think you can get out of debt and pay your bills and still have a credit card.   Now, as Paul Harvey would say, here is “the rest of the story.” We never struggled with credit cards.  We had a car loan and student loan when we took Dave Ramsey’s Financial Peace University.  We were young and dumb, …

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How to make a budget

AKA: How to afford to do the things you want to do You can read lots and lots of financial advice.  There are books and blogs and e-courses,oh my!  However, we’ve found that truly the ONE thing you must have if you want to succeed financially is the dreaded B word- a BUDGET! The months when we get off track with our budget are the months that we lose sight of the big picture.  Creating a budget gives you the …

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There’s Nothing Evil about Making Money

Dave Ramsey will often say, “Money is amoral.” It is just a tool.  It is neither evil or good. Can money be used for evil or good?  Absolutely.  However, the $20 bill in my wallet is not evil itself,  it’s just sitting there waiting to be plucked out for groceries or the babysitter. Oftentimes the Bible is misquoted by folks that say, “Money is the root of all evil.” Negative.  The Bible says, “For the LOVE of money is a root of …

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“You’ll always have a car payment.” (NOT!)

How to change your thinking and change your situation You don’t have to have a car payment!  In our consumerist culture we have been told, “You’ll always have to take out loans for college” and “You’ll always have a mortgage” and so we believe it. The truth is, you could pay yourself the car payment and then pay cash for a car.  Here’s how: Most Americans evaluate their finances only enough to know that the family can afford a $400/month, …

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