A woman named Rebecca from Sarasota, FL, recently called into finance guru Dave Ramsey‘s radio show with a predicament. She and her husband share a joint checking account for the mortgage but maintain separate accounts for everything else. She recently discovered that her husband has been gambling away money that should have been designated for
Back-to-school season has kicked off with anxiety for more than 42 million people carrying federal student debt. The federal government holds 91.6% of all student loans in the country. President Donald Trump is shutting down the SAVE (Saving on a Valuable Education) program, established in 2023 under the Biden administration. SAVE paused interest on federal
For years, financial expert Dave Ramsey has been urging consumers to never take out a mortgage for longer than 15 years, even if that means buying a smaller home. At the core of his argument is that this will help homeowners be free from debt sooner, offering more financial freedom. However, critics are taking issue
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Two financial legends, two completely different paths to homeownership. Dave Ramsey urges you to save up and buy a house outright — no mortgage, no monthly burden. Warren Buffett, on the other hand, calls the 30-year fixed mortgage
Janelle from Raleigh, North Carolina, says she “did the ultimate no-no” when she bought a house with someone to whom she wasn’t married. After about a year, they broke up and she moved out. Now, they’re four months behind in mortgage payments, haven’t been able to sell the house and are facing foreclosure. She’s also
Imagine this scenario: Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, especially since the loan comes with a hefty interest rate of 6.75%. She currently has about $375,000 in home equity while her reverse mortgage loan is close to