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by KC5AV
Wed Feb 11, 2009 5:46 pm
Forum: Closed Items
Topic: Going out of debt sale (Houston Area) [gone]
Replies: 23
Views: 5213

Re: Going out of debt sale (Houston Area)

WarHawk-AVG wrote:
KC5AV wrote:Dave Ramsey is a financial counselor, national radio host, and New York Times best selling author. His program follows a series of baby steps for getting out of debt and building wealth.

1. $1,000 to start an Emergency Fund
2. Pay off all debt using the Debt Snowball
3. 3 to 6 months of expenses in savings
4. Invest 15% of household income into Roth IRAs and pre-tax retirement
5. College funding for children
6. Pay off home early
7. Build wealth and give!
P.S. It works
No kidding. Last year my wife and I paid off $10k in debt (which included my truck - 2 years early), and replaced her car (which was totaled in a wreck) with cash. We are still a few years from being debt free, but we are working on it. I have nothing but respect for the people who make the sacrifices necessary to follow his plan. Keep up the good work.
by KC5AV
Wed Feb 11, 2009 5:22 pm
Forum: Closed Items
Topic: Going out of debt sale (Houston Area) [gone]
Replies: 23
Views: 5213

Re: Going out of debt sale (Houston Area)

Dave Ramsey is a financial counselor, national radio host, and New York Times best selling author. His program follows a series of baby steps for getting out of debt and building wealth.

1. $1,000 to start an Emergency Fund
2. Pay off all debt using the Debt Snowball
3. 3 to 6 months of expenses in savings
4. Invest 15% of household income into Roth IRAs and pre-tax retirement
5. College funding for children
6. Pay off home early
7. Build wealth and give!

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