According to the wise and wonderful Dave Ramsey you should begin your "Financial Freedom" journey with Baby Steps...
In his "Baby Steps" post, Mr Ramsey has us review 7 steps:
Baby Step 1: $1,000 to start an Emergency Fund
Baby Step 2: Pay off all debt using the Debt Snowball
Baby Step 3: 3 to 6 months of expenses in savings
Baby Step 4: Invest 15% of household income into Roth IRAs and pre-tax retirement
Baby Step 5: College funding for children
Baby Step 6: Pay off home early
Baby Step 7: Build wealth and give!
To learn more, visit: http://www.daveramsey.com/new/baby-steps/
No comments:
Post a Comment