Financial Baby Steps-Dave Ramsey

STEP 1: EMERGENCY FUND

Save $1000 fast in case of an emergency

STEP 2: DEBT PAYOFF

Using debt snowball, pay off all debt, except the house

STEP 3: BUILD EMERGENCY FUND

Save 3-6 months of expenses

STEP 4: RETIREMENT INVESTING

Invest 15% of income for retirement

STEP 5: COLLEGE SAVINGS

Save money for your kids’ college

STEP 6: HOUSE

Pay off your house mortgage early

STEP 7: BUILD WEALTH

Create wealth and give (donate)


Thanks for reading! -Emily


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