From the category archives:

Dave Ramsey

Are You Participating In All The Doom And Gloom? Don’t! Have Hope.

March 27, 2009

Ever since last September our (or arguably before then) our economy has been in a downturn. Big companies, small lenders and consumers all engaged in irresponsible behaviors that resulted in the failure of businesses, and necessitated the bailouts of many others. People are being laid off left and right, and things are extremely tight! So [...]

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Accountability: Sometimes You Need Someone To Slap You On The Back Of Your Head

March 19, 2009

When we were taking Dave Ramsey’s personal finance course, “Financial Peace University” last year, one of the things he stresses in his course is the need to have someone in your life who can keep you accountable for your financial goals. For single people it might be a close friend, a mentor or a parent. [...]

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Where Dave Ramsey and I Part Ways

March 6, 2009

This is a guest post from Philip over at http://www.weakonomics.com. Please check out his blog where he writes about personal finance in an edgy, yet entertaining way. You can subscribe to his RSS feed here. I may not agree with everything he’s writing here, but I think it’s important to get more [...]

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Dave Ramsey’s 7 Baby Steps Review: Get Out Of Debt, Build Wealth And Give.

March 5, 2009

Over the past couple of weeks we’ve been doing an in depth look at Dave Ramsey’s 7 Baby Steps plan for getting out of debt, building wealth and giving. The plan really is a pretty simple one, some might say it’s common sense, but it brings home a lot of concepts that a lot of [...]

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Dave Ramsey’s 7 Baby Steps: Step 7 - Build Wealth And Give!

February 26, 2009

Last time we looked at Baby Step 6, paying off your home early. We talked about how much freedom paying off your house would give you, allowing you to really save for retirement, give and live like no one else! Today we’ll be closing out the baby steps with a look at building wealth and [...]

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Dave Ramsey’s 7 Baby Steps: Step 6 - Pay Off The Home Early!

February 23, 2009

Last time we looked at Baby Step 5, college funding for your children. We talked about how and when you should save for their education. Today we’ll be looking at taking extra money and paying off your home early. Before we jump in, once again, here are the 7 Baby Steps.
Dave Ramsey’s 7 Baby Steps

Step [...]

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Dave Ramsey’s 7 Baby Steps: Step 5 - College Funding For Children

February 19, 2009

Last time we looked at Baby Step 4, investing 15% of your gross income into Roth IRAs and other pre-tax retirement accounts. We looked at the magic of compounding interest, and why it’s in your best interests to start saving earlier rather than later.
Before we jump into step 5, here’s a review of the baby [...]

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Dave Ramsey’s 7 Baby Steps: Step 4 - Invest 15% Of Household Income

February 17, 2009

Last time we looked at Baby Step 3, saving up 3-6 months of expenses to prepare for when you have a rainy day. Everyone will have unplanned for expenses, so it’s best to plan for it, and be ready!
Dave Ramsey’s 7 Baby Steps, and our progress.
Dave Ramsey’s 7 Baby Steps

Step 1 - $1,000 to start [...]

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Dave Ramsey’s 7 Baby Steps: Step 3 - 3 To 6 Months Of Expenses In Savings

February 16, 2009

Last time we looked at Baby Step 2, paying off all your debt using the debt snowball. You take your bills, rank them in order from smallest to largest, and proceed to pay them off with intensity!
To review, here are the 7 Baby Steps.
Dave Ramsey’s 7 Baby Steps

Step 1 - $1,000 to start an Emergency [...]

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