Dave Says: A Different Situation Than Most
Dear Dave,
I’m getting married next month, and my fiancé and I are both following your plan. I’m on Baby Step 3. I make $65,000 a year and have $14,000 in my emergency fund. My fiancé made $90,000 a year, and he’s on Baby Step 2 paying off his car loan. He has his beginner emergency fund in place, and we already have $3,000 set aside for a honeymoon trip. I said he “made” $90,000, because the company he was working for just went out of business. He’s an experienced heating and air technician, and he has already had a few companies reach out with offers or interviews. Do you think we should still go on a honeymoon, or wait until he officially finds another job and things are a little more stable?
Charlotte
Dear Charlotte,
I’m not generally a big fan of spending when someone loses a job. But honestly? I think your situation is a little different than most. I also think you two are different than a lot of folks I talk to. Here’s why.
First off, you’re both serious about dumping debt and getting control of your finances. That’s the big thing. Plus, you make good money, and he will again very soon, based on his prospects and the line of work he’s in. On top of all that, you’ve got a nice pile of cash in the bank. This tells me you’re both wise enough and mature enough to know the importance of being on stable ground financially.
Your guy will have another job in a couple of weeks, considering his experience and the fact companies are already reaching out to him. If he’s lucky, he might even be able to work a deal that would allow him to start a new job right after the honeymoon. So, I like the future you two are looking at, Charlotte. You have some financial padding, he’s in a field that pays well and I’m pretty sure his income is about to be restored.
Congratulations on your upcoming wedding, and God bless you both. Go have a great time on your honeymoon. I hope you two will have long and happy lives together!
— Dave
*Leadership and small-business expert Dave Ramsey is the CEO of Ramsey Solutions. He has authored eight national bestselling books, including EntreLeadership, and is a host of The Ramsey Show and The EntreLeadership Podcast.
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* Dave Ramsey is an eight-time national bestselling author, personal finance expert and host of The Ramsey Show. He has appeared on Good Morning America, CBS This Morning, Today, Fox News, CNN, Fox Business and many more. Since 1992, Dave has helped people take control of their money, build wealth and enhance their lives. He also serves as CEO for Ramsey Solutions.
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Today is International Day of Charity!
#InternationalDayOfCharity
#DayOfCharity
You are awesome!
International Day of Charity is a day to celebrate giving back and making a difference in the world! 🌎💖 It’s a time to spread kindness and generosity to those in need, whether it’s through donations, volunteering, or simple acts of kindness. Let’s come together to make the world a better place and show how powerful love and compassion can be! 💪 #InternationalDayOfCharity #SpreadKindness #MakeADifference #GiveBack #CharityDay
How to Observe International Day of Charity
Take part by volunteering your time at an organization such as a homeless shelter, senior center, food pantry, or animal shelter. Donate food to a food bank. Give your time or money to another charitable organization. No matter how you choose to participate, you are sure to be helping to alleviate human suffering.
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Your daily thought!
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More on the day
International Day of Charity, observed annually on September 5, is a global initiative dedicated to promoting and increasing the awareness and effectiveness of charitable actions worldwide. Established by the United Nations in 2012, this day highlights the importance of philanthropy and encourages people to engage in acts of kindness and support for those in need.
The day serves as a reminder of the critical role that charitable organizations and individuals play in addressing global challenges such as poverty, hunger, disease, and inequality. By focusing on charitable activities, the International Day of Charity aims to inspire people to contribute to causes they care about, whether through monetary donations, volunteering, or spreading awareness.
One of the key objectives of the International Day of Charity is to encourage individuals and communities to support charitable organizations and initiatives. This can be done in various ways, including making financial contributions, participating in charity events, donating goods, or offering time and skills to help those in need. The day also emphasizes the importance of collaborative efforts between governments, private sectors, and non-profit organizations in addressing social issues.
In addition to individual actions, the International Day of Charity highlights the impact of collective efforts in making a difference. Many organizations use this day to launch fundraising campaigns, volunteer drives, or special events aimed at raising awareness and garnering support for their causes.
Observing the International Day of Charity is an opportunity to reflect on the power of giving and the positive impact it can have on communities and individuals. It encourages everyone to consider how they can contribute to making the world a better place, whether through small acts of kindness or larger-scale philanthropic efforts. By fostering a culture of generosity and compassion, this day helps to build stronger, more supportive communities globally.