Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster

Dave Says - March 24, 2013

dave ramsey blackwhite 300KENTUCKY (3/24/13) – This week Dave discusses Something to salvage and Buying wholesale

Dear Dave,
I want to buy an inexpensive car, and I was wondering what you think about salvage titles. - Eric

Dear Eric,
It’s not impossible to find a decent salvage car. But I’d take extra precautions to find out exactly why it was salvaged. If it’s a salvage car because it was wrecked, I’d take a look at what kind of wreck caused the damage. Lots of people know how to repair and rebuild cars, so it might end up in better condition than before if you find the right mechanic. On the other hand, I’d probably walk away if the vehicle had been flooded. Some people claim they can fix waterlogged cars, but that’s a tough job. In most cases water just doesn’t do very nice things to onboard computer systems and wiring.

Regardless, do as much research as you can into the car’s history. See if CARFAX has a record. But if the seller doesn’t know anything and other searches don’t turn up good information, my advice is to say no. Make sure you check with your insurance company before you make the purchase too. Salvage cars are sometimes more difficult, or more expensive, to insure! - Dave

Dear Dave,
What is your opinion on wholesale club memberships? - Anonymous

Dear Anonymous,
My wife and I are members of Costco and Sam’s Club. We don’t buy everything at these places, but do they save you enough money on some things to justify the annual fee? I think so.

The biggest problem most folks run into with wholesale clubs is overbuying. I mean, who needs nine gallons of mustard? You don’t, unless you’re in the restaurant business. So, if you don’t need at that level and won’t use at that level, don’t buy at that level! You’ve got to shop around and know your values.

Lots of people think overbuying isn’t a big deal, especially if it’s something that only happens by mistake once in a while. But the truth is it’s really dangerous. You should plan your shopping the same way you plan your budget—with great care and common sense. If you don’t, you can end up spending way more than you can afford on things you’ll never use. Talk about dumb! - Dave

* Dave Ramsey is America’s trusted voice on money and business. He’s authored four New York Times best-selling books: Financial Peace, More Than Enough, The Total Money Makeover and EntreLeadership. The Dave Ramsey Show is heard by more than 6 million listeners each week on more than 500 radio stations. Follow Dave on Twitter at @DaveRamsey and on the web at daveramsey.com.

Disclaimer: The content supplied by columnists and letters to the Editor on this site does not in any way, shape or form, implied or otherwise, necessarily express or suggest endorsement or support of any of such content, statement, or opinions therein. SurfKY News does not necessarily adhere to or endorse content provided by outside non-staff sources.

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16
447 on Feb 15th (Val ad ended) switched to kid books
CHANGED TO SIMPLE AD ON 2/19 619 HITS

Stock Report

1 DOW 16,408.54
-16.31 (-0.10%)    
2 S&P 1,864.85
+2.54 (0.14%)    
3 NASDAQ 4,095.52
0.00 (0.00%)    
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16
447 on Feb 15th (Val ad ended) switched to kid books
CHANGED TO SIMPLE AD ON 2/19 619 HITS
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16
447 on Feb 15th (Val ad ended) switched to kid books
CHANGED TO SIMPLE AD ON 2/19 619 HITS

In Other News...

Kentucky State Parks Foundation Awards Grants for Trail Improvements

FRANKFORT, Ky. (4/20/14) — The Kentucky State Parks Foundation has awarded matching grants to two Kentucky State Parks… Read More
3/12 - 718 switched from reg 2 to hopkins only
3/13 - 16
447 on Feb 15th (Val ad ended) switched to kid books
CHANGED TO SIMPLE AD ON 2/19 619 HITS

Most Read This Week (Site-Wide)

April 17, 2014 4541

KSP Nabs St. Charles Man Wanted by U.S.…

in Top Stories by Trooper Stu Recke
April 17, 2014 3488

Meet The Hopkins County Magistrate…

in News by Rita Dukes Smith, SurfKY News Director
April 17, 2014 1848

Bremen Man Charged for Possession of…

in Top Stories by Muhlenberg Sheriff Curtis McGehee
April 17, 2014 1681

Watson Family Tragedy Inspires Muhlenberg…

in Top Stories by Paul McRee, SurfKY News Reporter
April 18, 2014 1488

Daviess County School Board Hears…

in News by Dennis Beard, SurfKY News

Most Read Stories from Hopkins County

April 17, 2014 4541

KSP Nabs St. Charles Man Wanted by U.S.…

in Top Stories by Trooper Stu Recke
April 18, 2014 1279

Talking Teen Trashed Telephone Pole,…

in Top Stories by MPD
April 19, 2014 1050

Fifth Third on Main Street Comes Down

in Top Stories by Rita Dukes Smith, SurfKY News Director
April 18, 2014 1023

Earlington Traffic Stop Results in Meth…

in Top Stories by Trooper Stu Recke
April 19, 2014 813

MPD Arrests Juveniles for Reason Rash of…

in Top Stories by Madisonville Police Department

Most Read Stories from Owensboro

April 18, 2014 1488

Daviess County School Board Hears…

in News by Dennis Beard, SurfKY News
April 18, 2014 1387

One Arrested, Another Injured in Single…

in News by J.D. Marksberry
April 17, 2014 351

Owensboro Public Works Declares 'War on…

in Top Stories by Abby Shelton
April 17, 2014 257

‘Big Bugs’ Artist Returns to Western…

in Top Stories by Western Kentucky Botanical Garden
April 18, 2014 218

Second Children’s Advocacy Center of…

in Top Stories by Michael Hathaway

Most Read Stories from Muhlenberg County

April 17, 2014 1848

Bremen Man Charged for Possession of…

in Top Stories by Muhlenberg Sheriff Curtis McGehee
April 17, 2014 1681

Watson Family Tragedy Inspires Muhlenberg…

in Top Stories by Paul McRee, SurfKY News Reporter
April 18, 2014 876

Friends of Lake Malone Busy Hiding 1,500…

in Top Stories by Paul McRee, SurfKY News Reporter
April 17, 2014 849

Major Muhlenberg Road Projects Found in…

in Top Stories by Rebecca Hanchett
April 17, 2014 846

Drakesboro Man Charged with Wanton…

in Top Stories by Sheriff Curtis McGehee

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 06social 21social 22social 04social 03