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