Our Total Money MakeoverNot sure if anyone actually reads this, but Dave and I are on an adventure. We read through and listened to the CD of Dave Ramsey's Total Money Makeover. We have some friends who graciously offered to pay for us to go see him live. Sweet brother Mark watched our boys while we went last Saturday. The live version is a lot like the book, so it was just a review for us. Before school started we made up a special folder with the sections for the
Total Money Makeover Baby Steps.
Step one - $1000 Emergency Fund
Step two - The Debt Snowball - this may take a while
Step three - 3 to 6 months expenses in Savings
Step four - Invest 15% of Income
Step five - College Funding
Step six - Pay off your home early
Step seven - Build Wealth and Give
The motto is: If you will live like no one else (to get out of debt), later you can live like no one else (you won't be in debt).
I need patience, endurance, and strength. I need to get rid of selfishness, jealousy, and coveting. The Lord is my strength and my help. We are just a the beginning of step 2 and it seems like a long road. Any encouragement is gladly welcomed.
2 comments:
HI! :) I am so excited to hear that you are going through this as well. We were supposed to be there on Saturday but due to some health issues we had to stay home. However, we are on step 2 as well and I think our advice is to not look at how much debt you still have to pay off, but to look at how much debt you have gotten rid of. It feels like baby steps, but it's so great when you pay off a credit card. We will be praying for you though...its tough, but very worth it!
One of my girlfriends has read the book and they are try to use it as well... Good luck!
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