Baby Steps

Hey guys, so I am working on my Dave Ramsey Baby Steps to becoming debt free. I have currently paid off $4800 since I started in October. I have been crunching the numbers and I am hoping I will be completely debt free by the summer of 2020. This will include paying off my car 4 years early!! Crazy right!?!

  1. BABY STEP 1 – Save $1,000 to start an emergency fund
  2. BABY STEP 2 – Pay off all debt using the debt snowball method
  3. BABY STEP 3 – Save 3 to 6 months of expenses for emergencies
  4. BABY STEP 4 – Invest 15% of your household income into retirement
  5. BABY STEP 5 – Save for your children’s college fund – skipping this step for now
  6. BABY STEP 6 – Pay off your home early – skipping this step for now
  7. BABY STEP 7 – Build wealth and give

You too can become debt free, with following these steps and with motivation! YOU CAN DO IT!


Posted by

Christ Follower / Photographer / Blogger / Adventurer / Annapolis Valley, Nova Scotia

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