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Best In Wealth Podcast - Scott Wellens 1st February 2019
118 – Dave Ramsey’s Baby Steps
00:00:00 00:28:32

118 – Dave Ramsey’s Baby Steps

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.
  4. Invest 15% of household income into Roth IRAs and pre-tax retirement accounts.
  5. Work on college funding for children.
  6. Pay off your mortgage early.
  7. Build wealth and give!