LIST OF EVENTS

MONDAY- Food Storage TUESDAY- Organization WEDNESDAY- Family, Home and Pets THURSDAY- Managing Your Money FRIDAY- Freezer Meals SATURDAY- Health and Fitness SUNDAY- Spiritual Thought

Thursday, March 3, 2011

Dave Ramsey

For those of you who don't know me I am a BIG Dave Ramsey fan. His book The Total Money Makeover has made such a difference in our life. For those of you who have never heard of him he sets up "baby steps" for becoming independently wealthy. The cool thing is that it is understandable and attainable. The first step being to save $1000 in a starter emergency fund. This may seem easy to some and more difficult to others. What a relief is is to know that $1000 is available for me to use in case of an emergency. Example: care repairs, hospital bills or other unknown event. The peace of mind feel good.
The next "baby step" is to get out of debt. Dave recommends The smallest debt (not the highest interest rate) first because most people need to see the results fast. By paying off all little debt first it is a quicker saturation when you start seeing the bills go away. However, if you are not one of those people who need instant gratification, I don't think it matters if you do the highest interest first. This will certainly save you money! Either way, having no debt is the goal! To learn more about The Total Money Makeover click on this link Dave Ramsey.
Dave also has a radio show that I listen to regularly. When you become debt free you have the opportunity to scream "I'M DEBT FREE!" on his show. We are looking forward to doing this ourselves soon. We would highly recommend this program!
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  1. NicoleMarch 4, 2011 at 7:33 AM

    http://www.daveramsey.com/media/pdf/fpu_babysteps.pdf Here's a copy of all his baby steps. We are SO grateful for Dave also. What he teaches is real obtainable information if you are ready to put forth the effort and make some changes! Wither you have a few hundred or hundred thousand of dollars in debt, he helps give you the tools to assist you being free from the bondage of debt. Dave quotes this scripture often while on-air which is Proverbs 22:7 in which it says the borrower is slave to the lender. It's SO true! You'll sleep better at night. Live like no one else now, so you can live like no one else later!

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