What does Dave teach? Ditch credit card dependence. (Go green and use cash.)
His motto “live like no one else... so later you can live no one else” brings a smile to my face.
Here are Dave’s seven financial steps to financial peace:
- Build emergency fund to $1000
- Pay off debt (minus mortgage) smallest to biggest
- Build emergency fund to 6 months worth of income
- Invest 15% of income into Roth IRAs
- College funding for children
- Pay off home early
- Build wealth and give
More great advice at daveramsey.com
I’m working on step four now and dig his plan. His books are worth checking in to.