- $1,000 to start an Emergency Fund
- Pay off all debt using the Debt Snowball
- 3 to 6 months of expenses in savings
- Invest 15% of household income into Roth IRAs and pre-tax retirement
- College funding for children
- Pay off home early
- Build wealth and give!
- Emergency Fund
- Pay off Credit Cards
- Pay off Consumer Debt
- Save for Major Purchases
- Buy a Home and Begin Investing
- Home Mortgage Paid Off
- True Financial Freedom
- We ought to gain all we can gain but this it is certain we ought not to do; we ought not to gain money at the expense of life, nor at the expense of our health.
- Do not throw the precious talent into the sea.
- Having, First, gained all you can, and, Secondly saved all you can, Then "give all you can."
I like the way that Dave Ramsey lays out his Baby Steps. I like Crown Financial's online roadmap. I think basically it comes down to this: just do it. It doesn't matter which of these systems you use -- just do it. Dave Ramsey's and Crown Financial's plans are very similar -- you just have to do it. Dave does not stress the will of God or scripture the way Crown Financial does -- but you still have to just do it. Wesley's sermon strikes a chord with me -- but you still just have to do it.
Get the point?