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Dave Ramsey...Then What?

Dave Ramsey...Then What?

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Dave Ramsey has 7 recommendations:

  1. Start a $1000 emergency fund
  2. Implement a debt snowball strategy
  3. Have 3-6 months of expenses worth in savings
  4. Invest 15 % of your income
  5. Save for your children's college tuition
  6. Pay off your house early
  7. Build wealth and give

Are these 7 steps good to follow? Do they lead to financial success? Here's our opinion.

Also in this episode:

  • What is the difference between an Emergency Fund and a Cash Cushion?
  • Expectations and positive thinking.

Link to Dave Ramsey vs Infinite Banking binder: https://pages.mcfieinsurance.com/dave-ramsey-v-infinite-banking/?utm_source=youtube&utm_medium=link&utm_campaign=podcast&utm_content=557

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