The Ultimate Guide to the Dave Ramsey Baby Steps You Need to Know

Introduction To Dave Ramsey Baby Steps

Here is the ultimate guide to truly understanding the Dave Ramsey baby steps he talks about in his best-selling book, The Total Money Makeover. Learn how to build an emergency fund, get out of debt, invest, and start to gain financial independence. I’m always asked about how to start or where to start if you are struggling with your finances. If you have a mountain of credit card or student loan debt or a slew of other financial problems, it can be very intimidating where to start. That is why I always recommend that people start with Dave Ramsey. I’m a huge Dave Ramsey fan and his book, The Total Money Makeover. It is one of my top ten personal … Read more

Dave Ramsey’s Baby Step One – $1,000 Emergency Fund In The Bank

Dave Ramsey emergency fund of $1,000 to start

The other day I gave a brief overview of Dave Ramsey’s baby steps system to financial freedom that he outlines in his book, The Total Money Makeover. There are seven baby steps that you should take in order to gain financial peace. Baby Step 1 – $1,000 Emergency Fund Baby Step 2 – Pay Off All Of Your Debt With A Debt Snowball Baby Step 3 – Fully Fund Your Emergency Fund Baby Step 4 – Save 15% Of Your Income For Retirement Baby Step 5 – Save For Your Children’s College Education Baby Step 6 – Pay Off Your Mortgage Early Baby Step 7 – Build Wealth And Give Today, I will show you the ins and outs and the method behind the madness of only establishing a … Read more