Dave Ramsey's Seven Baby Steps and your path to Financial Independence:

Best selling author, Fox Business TV host and radio show host heard on over 300 stations Dave Ramsey has helped countless people achieve financial independence.  Dave preaches paying everything with cash (except your house) and advocates literally cutting up your credit cards.  He will even put your video of you doing this online! 

Dave has a list of Seven Baby Steps to begin your journey to financial peace.  Please spread the word:

1. Make minimum payments on all your bills. Squeeze your budget until you've accumulated $1,000 cash. This is your beginner Emergency Fund.

 

2. Pay off your debts in order of smallest balance to largest. "Snowball" the payments as you go. 

 

3. Create a full-fledged Emergency Fund containing 3 to 6 months' worth of expenses.

 

4. Direct 15% of your annual pre-tax income into your retirement plans. Utilize tax-advantaged accounts such as 401ks and Roth IRAs, if eligible.

 

5. Take care of college funding. Fully fund Educational Savings Accounts and/or utilize 529 plans.

 

6. Become financially "ultrafit" and 100% debt-free: Pay off your home early.

 

7. Get to the point where your money works harder than you do: Build wealth (mutual funds, real estate, etc.), have fun, and give!

 

• You can read more about the baby steps, in depth here and here.
  

 

You don't have to live in debt.  The Bible tells us that the debtor is slave to the lender and in Biblical Times that was literally true.  Apply Dave's 7 Baby Steps and begin your path to Financial Independence.  If you like to learn more please buy one of his Best Selling Books here.