Dave Ramsey’s 7 Baby Steps That Will Change Your Life

dollar army

Dave Ramsey is a personal finance expert. He has his own website DaveRamsey.com and radio show ‘The Dave Ramsey Show’.

What’s different about Dave is that he isn’t an expert that tells you how to get rich quick, but simply how to eventually become financially free. Dave has made mistakes in his life just like you and me.  In fact, at one point he was in a whole lot of debt, but recovered and is now financially at peace.  Now he makes his living by sharing what he learned from experience.

Here are Dave Ramsey’s 7 Baby Steps to Begin Your Journey to Financial Peace:

  1. $1,000 to start an Emergency Fund
  2. Pay off all debt using the Debt Snowball
  3. 3 to 6 months of expenses in savings
  4. Invest 15% of household income into Roth IRAs and pre-tax retirement
  5. College funding for children
  6. Pay off home early
  7. Build wealth and give!
    Invest in mutual funds and real estate

Printable version can be found here


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