Dear Dave, My husband and I have been married five years, and we’ve decided we want to have children. We’ve both been working full time since our wedding, and we were wondering if we should adjust our emergency fund and retirement investing to accommodate all the upcoming life changes that go along with having a…… MORE
Dear Dave, What is your opinion on micro investing apps like Acorns and Betterment? Are these good vehicles for building wealth in the long term, and are there any major drawbacks to these types of services? Alex Dear Alex, I’m not saying there’s anything really wrong with Acorns or Betterment, but they do different things.…… MORE
5 ways to achieve your own version of life balance By Christy Wright Overworked. Overscheduled. Overconnected. That’s the world we live in today. It’s overwhelming to say the least! The U.S. Bureau of Labor Statistics found, on average, people with full-time jobs work more than the 40 hours required of them during the workweek, and even…… MORE
I’ve never hidden debt from my husband, but I do hide money from him on occasion…… MORE
Dear Dave, I’m on Baby Step 2 of your plan, and I’ll be debt-free except for my home by the end of the year. I have a friend who is very irresponsible with his money, and he often asks to “borrow” cash between paychecks. I don’t want to be cruel, but things are getting out…… MORE
Dear Dave, My wife and I are both 46, and we have two teenagers in middle school. We were told recently that now is the perfect time for us to buy long-term care insurance. How do you feel about this in our situation? Thomas Dear Thomas, No, now is not the perfect time for you…… MORE
Dear Dave, My fiancé and I just started your class, but we’re having trouble getting our beginner emergency fund together. We both work full-time, and I make $59,000 a year while he has worked in retail for several years and makes $22,000 to $25,000. I’m trying to manage a couple of side jobs, but we…… MORE
Dear Dave, We’re wondering if we should diversify our investments by hiring multiple advisors with different companies, so we won’t have all our eggs in one basket. Your thoughts would be appreciated. Marya Dear Marya, I would get one advisor, and I wouldn’t invest all my mutual funds in one fund. Virtually all mutual fund advisors can sell pretty…… MORE
Living the dream is about reality…… MORE
Should I still contribute up to the match to my 401(k) at work, like you recommend, if I’m in the process of trying to get out of debt?… MORE
Regaining Momentum to Finish the Year Strong By Christy Wright Can you believe there are only three months left in 2019? It feels like just yesterday I was picking up my boys from their last day of school before summer break. Now, suddenly, we’re in the middle of holidays-are-just-around-the-corner craziness! I think the hardest part…
Dear Dave, I know you talk about having an emergency fund of three to six months of expenses set aside. My husband and I are having a difficult time agreeing on exactly how much we should set aside for emergencies. How do you determine the exact amount? Erin Dear Erin, The exact you amount…
Dear Dave, I’m new to investing, and recently I began putting money into growth stock mutual funds inside a Roth IRA. On my last statement, it said that my investment had grown. Can you explain how it grew? Matt Dear Matt, In most cases, you’ll have anywhere from 90 to 200 different company’s stocks…
Here’s why you need a will, and how to get one By Chris Hogan We all want to do nice things for our loved ones. We go on family trips and celebrate life’s wins together. It’s sometimes difficult for us to consider the bad things that can happen in life, but we still have to…
