Archive for the ‘debt snowball’ Category

Why Dave Ramsey’s 7 Baby Steps Really Work

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May 21st, 2010 By: Richard
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    • Dave Ramsey 7 Baby Steps

    If you’ve been around the past three years, you’ve probably heard the name Dave Ramsey. The recession has popularized his teachings about saving, eliminating debt, and sound investing.

    Perhaps you’ve been curious about Dave’s Baby Steps, and whether or not you should give them a go. For those of you who aren’t familiar, here they are listed below:  Read more... (990 words, 11 images, estimated 3:58 mins reading time)

    Dave Ramsey’s 7 Baby Steps

    1. Save up $1,000 to start an emergency fund.
    2. Pay off all non-mortgage debt using the debt snowball.
    3. Save up 3 to 6 months of expenses to complete your emergency fund.
    This is a preview of Why Dave Ramsey’s 7 Baby Steps Really Work. Read the full post (990 words, 11 images, estimated 3:58 mins reading time)
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