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!
$525.60
July 10th, 2007 at 04:24 pm
July 10th, 2007 at 05:06 pm 1184083617
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."
July 10th, 2007 at 06:02 pm 1184086937
July 10th, 2007 at 06:31 pm 1184088667
July 11th, 2007 at 02:59 am 1184119196