The Official Newspaper of the Diocese of Little Rock
Dear Dave,
I’ve gotten out of debt before following your plan, but I always seem to fall right back in. I find myself spending more than I mean to whenever I go out shopping or running errands. I’m tired of all this, and I want to stop busting... More 
We are all familiar with the children’s book “The Little Engine that Could” by Watty Piper. Even though there are many versions of this same story, the plot is the same. The little engine that has a very heavy load has to get over the... More
Dear Dave,
Is it OK to give very young children an allowance?
Christie
Dear Christie,
Teaching kids that there’s an emotional connection between work and money is one of the best things you can do as a parent. Once your kids are old enough... More
Our lives are centered on our relationships with other people. The definition of relationship according to the Oxford dictionary is, the way in which two or more people are connected, or the state of being connected. In our current culture, we are told... More
Dear Dave,
I’m 26 and single, and I have about $35,000 in credit card and student loan debt. I’m only making $20,000 a year right now, but I expect to be making almost $30,000 soon. Under the circumstances, can I get by with $500 in my emergency... More
Dear Dave,
My husband lost his job last week. The good news is we’re completely debt-free, and we have a six-month emergency fund saved up. I work part-time, since we have young children, and I’ve been bringing home about $800 a month. Should... More
I recently had the honor of taking a tour of the Holy Family Mission in Morrilton with my local Catholic faith group, Ignite.
On this tour, Luz Sandoval-Lord and Raymond Freyaldenhoven, also known as Brother Joseph, showed us what they do at the Mission,... More
Dear Dave,
I know you talk about having an emergency fund of three to six months of expenses set aside. My husband and I are having a difficult time agreeing on exactly how much we should set aside for emergencies. How do you determine the exact amount?
Erin
Dear... More
Dear Dave,
I’ll be graduating from college in December, and I’ll have a job waiting for me that pays $50,000 a year. This will bring our household income up to about $95,000. The problem is we’ve got $18,000 in student loan debt, $2,500... More
Dear Dave,
Why do I need a will if I’m still young and haven’t acquired a lot of wealth?
Laura
Dear Laura,
In a case like yours, you don’t need a complicated will. But you do need an inexpensive, basic will. The larger and more... More
