Beth Gwinn / Getty Images If you really want to achieve wealth, taking a page out of personal finance guru Dave Ramsey's playbook isn't the worst idea. Ramsey often offers advice that runs the gamut, from addressing your spending to examining your lifestyle. But if you follow his suggestions and use these five key tools, they can — in time — help you reach your financial goals. Key Points Eight out of 10 millionaires invested in their company’s 401(k) plan. The stock market has delivered an average ...

Rick Diamond/Getty Images) Key Points in This Article: Withdrawing from a 401(k) before age 59.5 can cost up to 40% in taxes and penalties. $35,000 left in a 401(k) at 5% annual return grows to $57,000 in 10 years. Ramsey advises eliminating car loans and credit card debt before considering home purchase. If you’re thinking about retiring or know someone who is, there are three quick questions causing many Americans to realize they can retire earlier than expected. take 5 minutes to learn more her ...

If you have any retirement savings at all, you’re already ahead of many Americans. About 40% of Americans have no money in retirement accounts at all, according to Gallup (3).Read more: Warren Buffett used 8 solid, repeatable money rules to turn $9,800 into a $150B fortune. Start using them today to get rich (and stay rich) ’From here, most financial experts recommend building out an emergency fund, then getting to investing as soon as possible. But becoming debt-free is the first, and arguably most importa ...

Core Insights - The beginning of 2026 is an ideal time for individuals to focus on financial management, aiming to reduce debt, save for significant purchases, or build retirement funds [1] Group 1: Financial Strategies - Rising interest rates and inflation necessitate careful budgeting, making every dollar significant [2] - Five practical strategies are proposed to reduce debt and enhance savings over the next six months [2] Group 2: Income and Expense Management - Aligning income with expenses is crucial; individuals should track income and expenses according to their pay schedule [3][4] - For example, to save $2,000 over 24 weeks with 12 paychecks, approximately $167 should be set aside from each paycheck [3] Group 3: Goal Setting and Planning - The start of the year is a good time to reassess needs and prioritize essential spending to create budget flexibility [5] - Setting realistic and limited financial goals is essential, as six months is a short timeframe [6] Group 4: Sacrifice for Savings - To save more, individuals must reduce spending, which may require modest sacrifices [7] - Suggestions include meal planning, making coffee at home, or participating in savings challenges, such as a no-spend month or a 26-week savings challenge that can accumulate over $1,400 [8]

SolStock / Getty Images If you get a big holiday check, you should devote at least some of it to paying off high-interest debt. Key Takeaways If you receive a holiday bonus or gift money, you may want to put most of it toward long-term financial goals and use a bit to treat yourself, too. Think about how to invest these funds for long-term growth. Even if you can't fully accomplish a financial goal with your year-end check, building some momentum helps. The holiday movie National Lampoon's Christ ...

“I have a retirement fund through work, which is in fairly good shape, but had to reduce contributions this past year because of increasing costs.” (Photo subject is a model.) - Getty Images/iStockPhoto Dear Quentin, My mom just gifted me $10,000 and I’m stumped about my next move. I’m 55, female, single, make $78,000 a year and live in Oklahoma. I have no kids. I have $60,000 left on my mortgage (with a 3% rate) and $15,000 on a car loan (8% rate). I also have $1,000 on a credit card, which will be pai ...

Core Points - Avant Brands Inc. has fully repaid its $9.5 million amended and restated convertible debenture, which was originally issued in connection with the 2023 acquisition of 3PL Ventures Inc. [1] - The final payment was completed in November 2025, eliminating Avant's largest monthly recurring debt obligation [1] - This repayment strengthens the company's balance sheet and releases key operating assets from security [1]

Dave Ramsey told a 45-year-old Chicago woman with four university degrees, a $115,000 salary and $628,000 debt that she fell for a lie. Sandra, a single mom, called into The Ramsey Show for guidance on how to tackle her debt, including a $335,000 mortgage, $33,000 credit-card debt and $260,000 in student loans. “Sounds like you fell for the lie that if I get education, people will hand me money, and they’re not,” he said, noting her salary is not a lot to show for her schooling (1). Must Read What Sand ...

Meeko Media / Getty Images Many people have financial questions that they need trustworthy answers to. Key Takeaways Experts tackle millennials' biggest money dilemmas—and the advice keeps coming back to clear priorities, automation, and not waiting for "perfect" finances to start. Renting, staying child-free, or delaying milestones can be smart if they match your values and long‑term plan. Small, consistent moves like automatic contributions and steady debt payoff beat trying to “catch up” with big, ...

Two popular debt-repayment strategies you can consider are the avalanche and snowball methods. The avalanche approach takes aim at your largest debt first, paying it down to avoid accruing substantial interest. The snowball technique works by paying off smaller debts first before tackling your biggest debt.High-interest debt, like credit card debt, can absolutely sink you financially. Clearing it as fast as possible is an important strategy, allowing you the freedom to start saving and investing. Using that ...