Dave Ramsey

My wife and I are trying hard to get out of debt and start controlling our finances. We’ve always given our kids allowances in the past, but we’ve been considering putting their allowances on hold until we pay off our debt and get in better shape financially. What do you think about this idea?

My wife and I are trying hard to get out of debt and start controlling our finances. We’ve always given our kids allowances in the past, but we’ve been considering putting their allowances on hold until we pay off our debt and get in better shape financially. What do you think about this idea? — Cody

I was wondering if you recommend including future purchases, especially major purchases, into your monthly budget. If so, how far in advance should you do this?

Trending Video Recommended for you

'My wife and I did this very thing with our kids as they were growing up' Dear Dave,

Dear Dave: I'm pretty responsible with finances, but my girlfriend is in a bad situation with her money and her career.

Clicking on the "Reject All" Button retains the default setting of only strictly necessary cookies.

Include putting money aside for major purchases like a new vehicle in your monthly budget.

Dear Dave, Do you think it’s a good idea for a small business, one that’s very young but growing, to seek out investors? – TreyDear Trey, My advice to someone in this position is to grow their busin...

Dear Dave, My wife and I are trying hard to get out of debt and start controlling our finances.