7 Baby Steps to Get out of Debt
Even if you are up to your eyeballs in debt, Dave Ramsey’s 7 Baby Steps will help you move toward debt freedom.
The 7 Baby Steps are listed below.
- $1,000 in an Emergency Fund
- Pay Off All Debt with the Debt Snowball
- 3 To 6 Months Expenses in Savings
- Invest 15% of Income into Roth IRAs and Pre-Tax Retirement Plans
- College Funding
- Pay Off Your Home Early
- Build Wealth and Give!
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Dave explains the details of each baby step in his book, The Total Money Makeover and if you would like more in-depth study, you can sign up to attend Financial Peace University (FPU). There you will learn more about budgeting and household finances via a video series of powerful lessons taught by Dave! After the video, attendees usually participate in a facilitated group discussion.
I attended FPU at my church and was so inspired that I purchased the videos so I could view them at home and share the message with my family and friends. It seriously changed the way I look at debt and household finances.
Now, not only am I motivated to get out of debt, I am just as fired up to share this powerful information with others! Check out this printable version of Dave Ramsey’s 7 Baby Steps. Make several copies and pass on the knowledge with someone else today!
October 26, 2009
Tags: 7 baby steps, dave ramsey, Dave Ramsey’s 7 baby steps, financial peace university, FPU, Get out of debt, total money makeover Posted in: Money Saving Tips, Personal Growth, Reviews
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