7 baby steps

Giveaway: The Total Money Makeover + Workbook!

by John June 26, 2010 10 comments

To celebrate The Christian Dollar’s series on Dave Ramsey’s 7 Baby Steps, we’re giving away a free copy of The Total Money Makeover PLUS The Total Money Makeover Workbook! Aren’t familiar with these books? Here’s the scoop: The Total Money Makeover Book What It’s About Dave condenses his 17 years of financial teaching and counseling [...]

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Dave Ramsey’s 7 Baby Steps: Step 6 – Pay Off Your Mortgage Early

by John June 23, 2010 1 comment

Ah, you’re ready to eliminate your very last debt – the mortgage! What once seems like an impossible task is now very doable. After all, you shouldn’t have any non-mortgage payments by this point. Plus, you have a gigantic emergency fund to help you weather any storms that might come your way. Welcome, to Baby [...]

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Dave Ramsey’s 7 Baby Steps: Step 5 – Work on College Funding for Children

by John June 18, 2010 1 comment

If you have children, the question inevitably arises whether or not you should save for their college education. Once you’ve destroyed your non-mortgage debt and built your fully-funded emergency fund, you’re ready to start thinking about your kid’s future. In this baby step, we’ll explore how to put your kids through college without incurring hefty [...]

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Dave Ramsey’s 7 Baby Steps: Step 3 – Save Up 3 to 6 Months of Expenses to Complete Your Emergency Fund

by John June 12, 2010 10 comments

Wow. By this point, you will have paid off all your non-mortgage debt and are ready for Baby Step 3 . . . fully building up your emergency fund! As you transition from paying off debt to building up cash, you’ll be more financially secure than most. If you’re ready for Baby Step 3, you’re [...]

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Dave Ramsey’s 7 Baby Steps: Step 2 – Pay Off All Non-Mortgage Debt Using The Debt Snowball

by John June 9, 2010 8 comments

Now that you have $1,000 cash saved up for your starter emergency fund, you’re ready for Baby Step 2. This step will most likely take longer than the previous step, but oh does it feel so good to destroy your debt. In this series we’ll focus on what The Debt Snowball is and how to [...]

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Dave Ramsey’s 7 Baby Steps: Getting Started

by John June 7, 2010 7 comments

You’ve heard of Dave Ramsey. Perhaps you’re even familiar with his 7 Baby Steps. In this series, Dave Ramsey’s 7 Baby Steps will be explored in depth. The goal here is to clarify each baby step and show how you can use Dave’s plan in your everyday life. Our Personal Story Many people look at [...]

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