Debt

7 Things Dave Ramsey has Wrong

Let me start with this: I like Dave Ramsey. I think he gets a lot right. I’ve taught his curriculum, Financial Peace University (FPU), many times over and believe that it is the best tool out there for those with limited financial knowledge or who are struggling with debt. Whenever I teach the class, however, I will cringe during certain lessons. I find myself qualifying the teachings by sharing my own opinions with the class. 

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What Should I do if I Receive an Inheritance?

We are on the eve of the greatest transfer of wealth in history. Most baby boomers are now well into retirement age and are finalizing decisions about their will or estate plan. As a result, the coming years will see an unprecedented amount of money being passed down to younger generations in the form of an inheritance. Families receiving an inheritance need to plan carefully in order to avoid some of the common pitfalls.

Here are some important tips to keep in mind:

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When is it OK to Take on Debt?

You’ve heard it said: “There is ‘good debt’ and there is ‘bad debt’.” Perhaps this has caused you to wonder how any debt could ever be good at all! Some debt is certainly worse than other debt, but what factors separate bad from good?

Debt and the decision of whether to take it on can often be stressful. Relax. The following information will help you understand a situation regarding debt with more clarity; leading to a more knowledgeable approach to debt in your everyday life. This will bring clarity to when it might be OK to take on debt.

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How Refinancing Student Loans May Change Your Investment Strategy

Nearly 50 million Americans have student loan debt. Ask any one of them and they can tell you something far more enjoyable they’d rather do with that monthly payment. Dubbed a national crisis, student loan debt has created an opportunity for a new wave of social finance lenders to shine. Private lenders like SoFi, LendingClub, CommonBond, and Earnest are all over social media (and now TV) boasting five-figure savings and fairytale endings.

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10 New Year's Resolutions to Improve Your Financial Situation: Part 1 of 2

I’m a fan of New Year’s resolutions - and setting goals in general - because I find that they help me to focus on the things that are most important and they help me to live more intentionally.  

In order to help others steward their resources in a more meaningful way, I’ve put together a list of 10 potential New Year’s resolutions that will help you to improve your financial situation.  I’ll share five today and then five more next week.  

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4 Questions to Ask When Deciding if You Should Pay Off Student Loans Early

My clients with student loans often want to know whether they should just pay the minimum on these loans or pay them down more aggressively.  Like most financial planning questions, the answer depends on the situation.  Below is a list of what I believe are the four most important questions to consider, if this is a question that you are asking.

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