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Reply to "How to start Dave Ramsey"
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[quote=Anonymous]The basics are: 1) Take a good look at your current expenses/income, and make a budget. 2) If you have no savings, quickly save $1,000 for a baby emergency fund. 3) Once you have that $1,000 emergency fun, go after your debt with "gazelle-like" intensity. That means be AGGRESSIVE toward paying down that debt. Like, you're not ordering pizza, you are taking the $25 it would take for pizza and soda for your family on a Friday night, and you are using that $25 to pay down your debt 4) Once your debt (excluding mortgage) is gone, you are beefing up your emergency fund to be about 6 months of expenses 5) After that, you are beefing up your retirement savings[/quote]
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