Dave Ramsey + Rachel Cruze
Being a free spirit just means you don’t major in details. You’re not the number cruncher, and you don’t wear a pocket protector. But being a free spirit doesn’t mean you can’t be a grown up.
Did you know that the average room and board for a state university is $50,000 a year? This translates to $200,000 for a college degree – for one child! Do you want your children to attend college? How do you plan to pay for it?
Q: I’m heading off to college this month. What’s the most important thing I need to know about money?
Q: My wife travels one week per month and charges her expenses to a personal credit card for reimbursement later. I’d rather we open a checking account with debit card privileges just for these expenses. What do you think?
Giving is such an important issue that I always encourage people to make it the very first line item in their budget.
Q: I’m driving a 10-year-old car with 195,000 miles on it. The car needs $1,500 in repairs, and it’s worth $5,000. I also have $15,000 in student loan debt, but the only other thing I owe on is my house. Should I pay to repair the car or buy something else for $15,000?