Monday, October 06, 2008

Financial Advisor: Dave Ramsey


Dave Ramsey from TV has taught these principles to millions via radio, The Total Money Makeover, Financial Peace University, and on daveramsey.com. His show is helpful in assisting people to become debt free; Jim and I think he gives out very good advice. He is very much like the Suze Orme show. People share stories of how they took the road to becoming debt free. It is exciting to see family shout that they are DEBT FREE!

Now its your turn! Use the Baby Steps to get your finances in order and on track. Then pass them on to someone you know and help change their life!


* $1,000 to start an Emergency Fund

* Pay off all debt using the Debt Snowball

* Three to six months of expenses in savings

* Invest 15 percent of household income into Roth IRAs and pre-tax retirement

* College funding for children

* Pay off home early

* Build wealth and give!

* Invest in mutual funds and real estate

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