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Coverdell Education Savings Accounts

Dave Ramsey’s Baby Step 5 – Save For College

by Hank Coleman
Baby Step 5 - College Savings Plan

I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we talk about baby step 5, saving for college for your children’s education. Today, we will look at Baby Step 5 in more detail which is to invest and save for your children’s college education. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial peace. Dave Ramsey’s baby steps are… Baby Step 1 – $1,000 Emergency FundBaby Step 2 – Pay Off All … Read more

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