Dave Ramsey's 7 Baby Steps Explained
9:04
Dave Ramsey's 7 Baby Steps Explained
66K viewsDec 15, 2019
YouTubeChris Invests
The 7 Baby Steps are a proven, step-by-step plan to take control of your money and build wealth. First, save $1,000 as a starter emergency fund. Then, knock out all debt except your house. Once you’re debt-free, build up 3–6 months of expenses. From there, you’ll invest, save for college, and pay off your home early so you can live and give like no one else. Follow this plan and you’ll change your life forever. | Dave Ramsey
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The 7 Baby Steps are a proven, step-by-step plan to take control …
687.7K viewsApr 1, 2025
FacebookDave Ramsey
Dave and George breakdown the 7 Baby Steps: 1. Save $1,000 for a starter Emergency Fund. 2. Using the Debt-Snowball Method, pay off all debts besides the house. 3. Save 3-6 months expenses in a fully funded Emergency Fund. 4. Invest 15% of household income in retirement. 5. Save for your kid's college fund. 6. Pay off the mortgage early. 7. Live and give like no one else! | The Ramsey Show
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Dave and George breakdown the 7 Baby Steps: 1. Save $1,000 for a st…
281K viewsJan 17, 2025
FacebookThe Ramsey Show
Working my plan (the 7 Baby Steps), the average person can pay off all their debt in 18 to 24 months. Some folks can do it faster, and for some, it takes a little longer. But during this time, your financial focus should be on nothing but getting out of debt. Once that’s done, you’ll find you have a lot more control over your biggest wealth-building tool—your income. | Dave Ramsey
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FacebookDave Ramsey
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