Dave Ramsey Baby Steps To Build Wealth - An Overview

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If you are one of the millions struggling financially, it is time to take control of  your finances.

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Here are Dave Ramsey's baby steps to build wealth and learn to become debt-free.

Step 1: Save $1000 For An Emergency Fund

Step 2: Pay Off Debts Using The Debt Snowball

This method recommends paying off the smallest debt first, the next smallest debt, and so on until all debts are paid  in full.

Step 3: Complete Your Emergency Fund

This step aims to create a cushion for times when your income may be disrupted.

Step 4: Save For Retirement

Step 5: Save For College Funds

Step 6: Pay Off  Your House

Paying off your house mortgage will be the last step to be  debt free!

Step 7: Build Your Wealth And Give

You now have the opportunity to save and invest for your future and help others. It’s a fantastic feeling to be able to give back.

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