Dear Dave, I have a question about self-banking with whole term life insurance. The way I understand it, you can accrue a cash balance, borrow against it, and then pay interest to yourself. Is this worth it, or should I stay away from it and continue using a bank? KunalContinue Reading

Dear Dave, I’m 19, and I’m about to finish up my first year of community college. I have enough money through scholarships and help from my family to get a bachelor’s degree. After that, I plan on going to law school and cash flowing that part of my education. I’veContinue Reading

Dear Dave, I’m on Baby Step 2, and I’m working hard to get out of debt. My last two debts are $6,000 on a credit card, and $10,000 on a car loan. I’ll be receiving a $6,000 bonus at work in a couple of weeks, and I was wondering whatContinue Reading

Dear Dave, When it comes to your career and profession, how can you tell if you’ve truly found your calling in life? Tony Dear Tony, I don’t think it’s common for most folks to feel like they’ve experienced some kind of grand revelation, and suddenly they know what they’re supposedContinue Reading

Dear Dave, My wife and I are in our 20s, and together we make about $80,000 a year. Our first baby is due in early 2022, so being debt-free has become a top priority in my mind. Right now, we have two cars. The one I drive is paid offContinue Reading

Dear Dave, My wife and I are in our late twenties, we have no debt, and our household income is about $180,000 year. We’re thinking about building a home, but we’re not sure whether to build just for us, or maybe building a multi-family place so we could live upstairs,Continue Reading

By Ken Coleman History is full of successful people who carved their own path far away from traditional education. Despite what our culture, your parents, or your own inner critic tells you, there are lots of high-paying jobs out there that don’t require a bachelor’s degree. Now, while you mayContinue Reading

Dear Dave, I’m 24, single, and I make $60,000 a year. I’m also debt-free and live in an apartment, plus I have about $550,000 in a brokerage account that’s made up of 75 percent mutual funds and 25 percent single stocks. The money in the brokerage account was originally anContinue Reading

Dear Dave, Our daughter recently moved back in with us after she lost her job and her apartment. She hasn’t been able to find full-time work yet, and she had nowhere else to go. My husband and I are nearing retirement age, so we want to do the best andContinue Reading