Money Monday

Dave Ramsey is a financial guru and very well regarded in the financial realm. Here are is baby step to becoming debt free and in control of your finances.

Baby Steps

1. $1,000 to start an Emergency Fund

2. Pay off all debt using the Debt Snowball

3. 3 to 6 months of 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

7. Build wealth and give! Invest in mutual funds and real estate

Here is his printable. Want to know more about Dave? Click here to go to his site. Still need help with a budget (I do!!)? Want a free budget guide? Go here.

Where are you and where do you want to go? Have you done or tried Dave's plan? Did it work for you? Do you think this might work for you?