Personal Finance Buzz

Whereas Dave Ramsey’s Baby Steps have often been dissected one at a time, my goal in this post is to give an overview of the steps as a unit and explain why the order is essential. Hopefully, these steps can help you create a focused life plan for your finances, regardless of your age or financial well being.

It seems a bit like a rite of passage for every personal finance writer to share their opinion of Dave Ramsey. That alone speaks volumes about Ramsey’s reach in the personal finance sector, but not all of the reviews have been glowing. I personally consider his book, The Total Money Makeover, one of my all-time top three favorite personal finance reads.

As you know, I’m a huge fan of Dave Ramsey. He rocks. Seriously. So I had to go visit him up in Portland, OR to catch up on the latest Dave sayings, advice, and more.

I wrote a mock letter to Dave Ramsey several months ago lamenting the need to sell my car. Well, the deed is done. My baby is gone. And here’s why I’m better for it.

Well, today was our second to last class with Dave Ramsey. He gave us baby step #6 which is to pay off your mortgage early. Let’s just dwell on this for a moment. Paying off your home early. Having a home that you owe nothing for. Can you imagine? I hope so! I sure can! And I think that’s the first step toward making it happen. This is possible! If Dave can do it, you can too, right?

Dave Ramsey is an extremely popular personal finance guy. I added my two cents by introducing what I like about Ramsey.

Learn about Dave Ramsey's Baby Steps in this guide which explains the steps and provide alternatives to the standard plan.

Dave Ramsey recently built a new house and paid cash for it. I wrote about it, and a discussion quickly started, which Ramsey himself added to