Jul 23, 2013
#117: Dave Ramsey's 7th Baby Step is to Build Wealth and Give.
If you've been following each step then you have absolutely no debt, even the house, and you have more than three months worth of expenses in savings. I believe there is more to BS7 and it should be renamed Build Wealth and Leave a [...]
The post Baby Step...
Jul 18, 2013
#116: Paying off the house early is Dave Ramsey's Baby Step
#6
UPDATE: We paid our house off in December 2015.
Why should you pay off the house early? Owning a home free-and-clear means you don't pay rent or a monthly mortgage payment - you have no obligations on for the place [...]
The post Baby Step 6: Pay off the...
Jul 10, 2013
#115: Special guest Rachel Cruze discusses ways to pay for kid's college as we talk about Dave Ramsey's Baby Step 5.
Baby Step #5 is to save for kid's college.
Once we have gotten ourselves out of debt and started to save 15%
in retirement it is time to save for our children's higher
education. College expenses have...
Jun 28, 2013
#114: Dave Ramsey's 4th Baby Step is to invest 15% for
retirement.
This brings you half way through a complete Total Money Makeover -
and the rest is pretty easy.
Dave Ramsey’s BS4 is to invest 15% for retirement
Jun 21, 2013
#113: Baby Step 3: Save 3-6 Months Of Expenses.
Dave Ramsey's third Baby Step is to create a fully-funded emergency fund equal to three to six times your average monthly expenses.
Why?
Emergencies come in many shapes and sizes Car troubles (repairs, accidents, and what I call "beater replacement") House repairs (roof,...