Tag: saving

Mortgages and Baby Steps

February 17, 2021
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Dear Dave, We’d like to own a home someday, but we know we’re not ready for that kind of financial commitment yet. Where does buying a house fit in your Baby Steps plan? Heather   Dear Heather, Buying a home when you’re broke is the easiest way I know to become a foreclosure statistic. I’m…

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Put a Little More Thought Into It

February 3, 2021
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Dear Dave, I don’t like admitting this, but I absolutely hate my job. Last year I almost cashed out part of my 401(k) to start my own business or open a franchise, and doing something like this is still on my mind. Considering how I feel, do you think this would be a good idea?…

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Working Mom Shares Incredible Money-Saving Tip From Dad Who Retired at 54, Takes Leave to Raise Kids

January 21, 2021
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Working mom Katie Oelker learned much of what she knows about money from her father, an accountant, while growing up and observing him advise others at the big retail corporation where he worked. As an adult, she received tailored advice from him with her future’s security in mind. Start investing for retirement as soon as…

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Do Some of All Three, and Enjoy the Ride

January 20, 2021
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Dear Dave, I was talking to a friend the other day, and I couldn’t remember what you said about the three good uses for money and why each is important. Would you go over them again? Albert Dear Albert, I’ve been doing this for a lot of years, and after all that time studying finance…

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Don’t Let Budgeting Myths Sabotage Your Finances

December 30, 2020
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Dear Dave, I made a resolution to start following your plan in 2021. I talked to my parents about this, and while they like some parts of your teaching, they don’t think living on a budget is necessary if you make good money. They also said budgeting is extremely difficult. Are they right? Jensen Dear…

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