Loved his Baby Steps:
1) Save $1,000 for an Emergency Fund;
2) Pay off all debt using the Debt Snowball;
3) Have 3 to 6 months 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; and
7) Build wealth and give.
He has many things to share and a ton of resources to help set and achieve your goals. Look forward to hearing how it is going for you all.
Are you a Financial Peace Graduate? How do you budget?
*These Financial Tips are published at "Works For Me Wednesday!"
Warmly, Carolina Mama
I loved the Financial Peace class. It's truly been life changing.
ReplyDeleteWe definitely put our own spin on his plan, but our financial situation is a lot better because of the team work we now have after taking the class together.
The first few months were a little tense though while creating a new/better budget!
Love the baby steps... we need to work on this so much now that we have two stable jobs in place.
ReplyDeleteI would love to take his class.
My son and his wife worked the Dave Ramsey event last Saturday in Raleigh! They are graduates and I am so proud of them! Her blog is www.grahamcrakas.blogspot.com
ReplyDeleteI've heard good things about him. It's very educational to hear it from expert especially when it comes to financial planning. Was the event only for one day?
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