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$525.60

July 10th, 2007 at 04:24 pm

I went to Dave Ramsey's website last night to look around. Here are his 7 baby steps;

$1,000 to start an Emergency Fund

Pay off all debt using the Debt Snowball

Three to six 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! Invest in mutual funds and real estate

Well, so far I'm on step one and I have $525.60 to my name. That's not too good is it? That's the sum total of one savings bond and $25.60 in my bank. I went to the consignment shop today and they gave me $20.50 for selling three items.

The bill that I really want to pay off right now has a minimum due of $26.97 and a balance of $916.11 - it's due July 30.

I'm going to list some things on E-Bay today. Hopefully that will go well - I'll let you know!

4 Responses to “$525.60”

  1. My English Castle Says:
    1184083617

    Good luck with the Ramsey plan. It really works.
    Plus, his terminology is so much fun. DH and I were discussing some misspent money the other night, and decided it was indeed a "stupid tax."

  2. Aleta Says:
    1184086937

    Congratulations on your savings amount. That's a great start. You'll find a lot of ways to make money and cut down on expenses to reach your goals.

  3. Ima saver Says:
    1184088667

    You are taking the first step and that is important. Good luck!!

  4. boomeyers Says:
    1184119196

    I have to list some stuff on ebay too. I have decided to try to earn my grocery money this way. Will see what happens. We may starve! Smile

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