Dave Ramsey’s 7 Baby Steps to Financial Peace

There’s a way out of money stress: Dave Ramsey’s 7 Baby Steps. They’re designed to be followed one right after the other to lead you out of debt and stress and into a life of saving and giving. Millions have worked this proven plan. You can too!

1. Save $1,000 for Your Starter Emergency Fund
2. Pay Off All Debt (Except the House) Using the Debt Snowball
3. Save 3–6 Months of Expenses in a Fully Funded Emergency Fund
4. Invest 15% of Your Household Income in Retirement
5. Save for Your Children’s College Fund
6. Pay Off Your Home Early
7. Build Wealth and Give

— Adapted from daveramsey.com (As of October 15, 2019)