You Still Need a Will Dear Dave, I’m 26, so I haven’t had time to accumulate a lot of money yet through my career. I do have a good, full-time job, though, and have started saving money. Do I need a will or trust when I’m so young and have so little in terms of … Read more
Dear Dave, I’ve been listening to your show, and following the Baby Steps, for about a year. But I received some news from a family member recently, and I’m not sure what to tell them. One of my cousins just discovered she has cancer. She’s a single mom with two young kids, and it doesn’t … Read more
Dear Dave, Our son is in high school, and he has a car and a part-time job nights and weekends. We’ve worked with him on saving, spending and giving, but should a teenager have an emergency fund, too? If so, how much do you recommended them setting aside? Dominic Dear Dominic, This is a great … Read more
Dear Dave, My husband and I began your plan a few months ago. We love the process of living on a budget, and how it has helped us gain control of our finances. Our kids are 14 and 13 now. Do you think it’s a good idea to include teenagers in budget meetings and financial … Read more
Dear Dave, I just finished paying off all my consumer debt in Baby Step 2. It took a long time, but I finally did it. Now, it’s time to grow my $1,000 beginner emergency fund to a full-funded emergency fund. I’ve been working on this for a while, and I’m glad I’m doing … Read more