Dear Dave,  My mom is 76, and the only debt she has is about $60,000 left on her mortgage. She has $600,000 in retirement accounts, plus...

I always recommend an emergency fund of three to six months of expenses for adults, and I think that’s a fair expectation for teens, as well

I’m talking about using your experience and the idea that you’re a great sales person, who has transformed herself into a great sales...

You know, lots of times when people say they can’t afford something, what they’re really saying is they don’t want to give up fun stuff...

The first guideline is to be specific. What do you want to achieve? And be super specific when you answer that question.

There might be something in your past that bothers her, or something she doesn’t want you to revisit. There may even be feelings of...

You’ve already mentioned getting $1,000 in the bank for a starter emergency fund. That’s Baby Step 1. After that comes your debt snowball...

The fact that it’s a large amount of student loan debt doesn’t change anything. Baby Step 2 is where you pay off all debt except for your...

Here’s the deal. You’ve already got a mark against you on your credit report for the bill being turned over to collections.

There’s nothing inherently wrong with getting a better interest rate, but when everything is all lumped together it can become easy...

Still, when you do stupid things, you’ve got to pay what I call “stupid tax.” I’m talking about the consequences of your actions.

Don’t get all down after hearing this. I’m not saying you should drive a junker until you pay off your house. I recommend that people drive

As long as Mom and Dad are having a discussion and making decisions—not fighting—it’s good for kids to hear the give and take...

I recommend completing the first three Baby Steps before you start thinking about spending money on fun stuff. In my mind, that positions...

First off, you’re both serious about dumping debt and getting control of your finances. That’s the big thing. Plus, you make good money...

You and your wife need to be completely on the same page about this situation, but she’s the one who needs to approach Mom and talk things..

It’s not unusual for pros who flip houses to look at 100 or more properties to buy just one. It’s not an easy way to make money...

I know budgeting sounds intimidating, but goals and dreams have a better chance of coming true if you have a written game plan.

The Social Security system in this country is a mathematical failure. But that doesn’t mean I’m not going to take my money when I deserve it

Kids should learn at an early age that money is connected to work. Even a kid who’s in kindergarten is old enough to begin doing some age...