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.
Among the ideas that Ramsey has developed is The Seven Baby Steps. These are steps that, if used in order, can help you get your financial house in order, and start down the path to financial freedom.
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.
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.