Tagged Stories
Displaying stories 1 - 15 of 313 in total tagged with "Dave Says"
Dave Says: How Do You Know It's Your Calling?
Mormon Life says: How do you know you've found your true calling when it comes to a career?
Dear Dave,How do you know when you’ve found your true calling when it comes to your job or your career?MattDear Matt,I’ve met a few people who’ve had a spiritual experience in this area. Something...
Dave Says: Why the Need for a Fresh Monthly Budget?
Mormon Life says: Why do you recommend a new budget every month if the same budget should work month to month?
Dear Dave,I was wondering why you recommend doing a fresh budget every month. Once you’ve figured out your expenses and income, won’t the same budget work month to month?KaraDear Kara,I understand...
Dave Says: Does Payment to Collectors End Debt?
Mormon Life says: When we pay the debt collector, is the original creditor satisfied as well?
Dear Dave,One of my husband’s credit card bills was turned over to a collection agency. They’ve offered three different payment options. If we accept one of the options, does this mean the original...
Dave Says: Question about Home's Value
Mormon Life says: Is it legitimate for a law firm to offer protesting the value of our home in return for 50 percent of any tax savings?
Dear Dave,We keep getting offers in the mail from a law firm that offers to protest the assessed value of our home for property tax purposes. They say that we’ll pay them nothing if they can’t save...
Dave Says: Lost Job, Might Move
Mormon Life says: I have two job offers with varying pros and cons, including one with a move. What do you think?
Dear Dave,The job I have currently is about to be phased out, and I’m looking at two other offers. The pay for both is the same. One is short-term, nine months to a year, and it has a per diem so I...
Dave Says: Single Again . . .
Mormon Life says: I've recently been through a divorce, but I'm in good financial shape. Should I be investing?
Dear Dave,I got divorced recently, and have custody of our children who are 12 and 17. I’m lucky enough to be debt-free, and I own the house we’re living in, which is worth about $350,000. I also...
Dave Says: Sell the Bike?
Mormon Life says: My husband and I disagree about selling our motorcycle to help with debt. What should I do?
Dear Dave,My husband and I have been through Financial Peace University. I’ve always been the numbers nerd, although he’s catching on and doing pretty well. He has a motorcycle he bought a few years...
Dave Says: Get Your Priorities Straight
Mormon Life says: My husband might get laid off, and all his job options are out of town. Should we use our savings to make our house more sellable?
Dear Dave,My husband’s company recently told everyone that massive layoffs are coming, and they should start looking for other jobs. Right now, all of his options are out-of-town. A real estate...
Dave Says: Leave the 401(k) Alone!
Mormon Life says: Should we borrow against our 401(k) to help pay mortgages and other debt?
Dear Dave,My husband has been transferred again in his job. Right now, we have three houses and about $60,000 in other debts. He just found out that he can borrow against his 401(k) without hardship...
Dave Says: Take Your Time with This One . . .
Mormon Life says: My boyfriend thinks it will be easier for him to pay his debts if we're married. What do you think?
Dear Dave,My boyfriend has a lot of debt. The other day a creditor called, and he wouldn’t answer the phone. Then, he told me it would be easier for him to pay off his debts if we were married...
Dave Says: What's in a Name?
Mormon Life says: What should I tell my son if he wants to transfer to an expensive college?
Dear Dave,My son is a sophomore at a local college, and he wants to transfer to a very prestigious university. If he did this he would incur more than $100,000 in student loan debt, and that’s with...
Dave Says: A Place for Everything
Mormon Life says: What is the "legacy drawer" you talk about?
Dear Dave,I’ve heard you talk about something you call the Legacy Drawer. What exactly is this, and what goes into it?LisaDear Lisa,One of the best ways I know to tell your family how much you love...
Dave Says: Don't Fall for "Same As Cash" Offers
Mormon Life says: We made a mistake with the length of our same-as-cash plan. Now we're paying 30 percent interest. What can we do?
Dear Dave,My wife and I bought some furniture a while back on what we thought was a 24-months-same-as-cash plan. The original purchase price was $1,600. The other day, I got a call from a collector...
Dave Says: Land Investment
Mormon Life says: How much of our savings should we put toward land investment?
Dear Dave,My wife and I make about $85,000 a year. We’re debt-free, and we have no kids. We’d like to start saving money to buy some land in the near future. What percentage of our savings should we...
Dave Says: Insurance Necessities
Mormon Life says: Besides auto insurance, what insurance is useful?
Dear Dave,I’ve got auto insurance, but can you tell me what other kinds of insurance are good to have?ChrisDear Chris,The purpose of insurance is to transfer risk that you can’t afford to take. Most...
