Dave Says: It’s not a joint venture, it’s a marriage

Dear Dave, When my wife and I got married, she had about $70,000 in savings and I had a lot of debt. We bought some property from her parents to build a home on, and she made a 20% down payment on the land from her savings. We’ve paid off some debt, and she has…

ByMHO Newsroom StaffMay 31, 20230Comments

Dave Says: My retirement is eroding away!

Dear Dave, I’m 61, and I hope to be able to retire soon, but I’m watching my retirement savings completely eroding away day after day. The only place I’m not losing money is $180,000 I have sitting in the bank earning almost zero interest. What should I do? Jesse Dear Jesse, Come on, man. “Completely…

ByChris FultonMay 23, 20230Comments

Column Education News People

Dave Says: A lot of red flags

Dear Dave, I live in Dallas, Texas, and I’m wondering if I should sell my condo in order to pay off debt. I owe $120,000 on it, and it’s worth around $260,000. Plus, the homeowners association fee used to be $450 a month and has gone up $100 each year for the last two years,…

ByMHO Newsroom StaffMay 16, 20230Comments

Column

Dave Says: Is the threat of De-Dollarization real?

Dear Dave, I’m hearing more and more about “de-dollarization” and how several countries are moving away from the U.S. dollar as their basis of international trade. Will this affect the strength of the dollar, and should I be concerned about how I’m saving and investing because of this? Zack Dear Zack, First and foremost, I…

ByMHO Newsroom StaffMay 10, 20230Comments

Business Column Education News

Dave Says: You should never have just one

Dave, As a small-business owner, should I work with multiple banks to avoid what happened with Silicon Valley Bank? Matt Matt, You should work with multiple banks, but that has nothing to do with Silicon Valley Bank. SVB shouldn’t be a business model anyone follows. It was a crash of high-tech, start-up and venture-capital players.…

ByMHO Newsroom StaffMay 3, 20230Comments

Column Education News People

Dave Says: Control the Controllables

Dear Dave, I’m a senior in high school, and I’m enrolled in a personal finance class. From your perspective, should I be worried about the national debt being over $30 trillion, and should this affect a person’s overall personal finance strategy? Chris Dear Chris, I’m sorry you have to worry about such things at your…

ByMHO Newsroom StaffMay 2, 20230Comments

Column

Dave Says: Just pile up money, and go do it

Dear Dave, I plan to buy another investment property with cash in the next year or two. Currently, I have $83,000 sitting in a high-yield savings account at 4% interest. My goal is to save another $50,000 to $70,000 in the upcoming months. Right now, 4% is good, but I want to make sure I’m…

ByMHO Newsroom StaffApril 25, 20230Comments

Column Education News

Dave Says: $15,000 Buys a Nice Used Car!

Dear Dave, I was recently in a car accident that totaled my car. My old car was paid for, and the insurance company is writing it off and giving me $15,000. I’m a physical therapist who does home care treatment, so I need a reliable car for work. I’m debt-free, and I’m in the process…

ByMHO Newsroom StaffApril 20, 20230Comments

Column News

Gen Z’ers and Millennials? I Love ’Em!

Dave, I am the managing partner of a family business. We would like to add to our team, but I’m worried we can’t try to hold millennials and Gen Zers to the same standards as other generations without losing them. How do you feel about this? Sarah Sarah, Listen, I’ve got a building full of…

ByMHO Newsroom StaffApril 14, 20230Comments

Column Education News

Dave Says: It’s just the right thing to do

Dear Dave, I’m about to start paying off debt in Baby Step 2, but there’s a motorcycle loan my ex-girlfriend took out for me. I crashed the motorcycle and sustained some injuries. After two months of litigation, I received a settlement of about $15,000 that was just enough to cover the loan. Do I use…

ByMHO Newsroom StaffApril 11, 20230Comments

Dave Says: It’s not a joint venture, it’s a marriage

Dave Says: My retirement is eroding away!

Dave Says: A lot of red flags

Dave Says: Is the threat of De-Dollarization real?

Dave Says: You should never have just one

Dave Says: Control the Controllables

Dave Says: Just pile up money, and go do it

Dave Says: $15,000 Buys a Nice Used Car!

Gen Z’ers and Millennials? I Love ’Em!

Dave Says: It’s just the right thing to do

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