What was the total American consumer debt in 2010?
$2.4 trillion
Dave Ramsey quote?
“Live like no one else, so later you can live like no one else.”
What is Baby step 1:
$1,000 in an emergency fund
What is Baby step 2:
Pay off all debt except the house utilizing the debt snowball
What is Baby Step 3:
3 to 6 months expenses in savings
What is Baby Step 4:
Invest 15% of your household income into Roth IRAs and pre tax retirement plans
What is Baby step 5:
College funding
What is Baby step 6:
Pay off your home early
What is Baby step 7:
Build wealth and give !