"Quit borrowing. You can't borrow more. You can't get out of a hole while digging out the bottom." — Dave

 

Dave answers questions from across America about your life and your money. Featured Question: A single mom is in debt up to her eyeballs while trying to pay for two daughters in school. Listen as she takes ownership of the financial mess she made as Dave tells her what steps to take to clean it up: "Every month you have to make every dollar behave. You are now happening to your money instead of your money happening to you." Debt-Free Scream: A local couple visits the studio to give Dave some barbecue sauce and share what motivated them to pay off $240,000: "7 years ago I lost a job that I thought I was going to have forever, and—man—I just never want to have that feeling ever again." Listen to hear what they did to cash-flow an anniversary trip to Maui in the middle of their debt-free journey! Social Media: Dave responds to a question on Twitter about REITs. Follow @DaveRamsey on Twitter to post your own question!

 

Calls This Episode:

• Should I take over the business I work for?
• How do I get out of debt?
• What should we do with a lump-sum payout my husband is getting when he retires?
• Can we buy a car before we save a 3–6 month emergency fund?

  

Also Mentioned on the Show:

• Budgeting just got easy with EveryDollar!
• Learn the steps to get out of debt with The Total Money Makeover.
• You CAN be a millionaire. Find out how with Everyday Millionaires.
• Never worry about money again with Financial Peace University.

  

Thanks for listening!

 

Using Google Play? Here are links to the resources mentioned above:

• EveryDollar: https://goo.gl/j2acMb
• The Total Money Makeover: https://goo.gl/jNEJM9
• Everyday Millionaires: https://goo.gl/Y6hgd4
• Financial Peace University: https://goo.gl/Ui6MDT