Friday, May 14, 2010

Reminder - Live like no one else, so that later you can live like no one else

Been reading this article by 'Hank' on The Total Money Make Over and it's a good reminder. 


Here is a review of the Basic Steps for Saving, Eliminating Debt, and Building Wealth


Ramsey’s program and book, “The Total Money Makeover”, include the following baby steps to financial freedom…

Step One: Save $1,000 for an emergency fund

Step Two: Use the debt snowball method to pay off your debt

Step Three: Complete the emergency fund

Step Four: Invest 15% for retirement

Step Five: Save for your children’s college

Step Six: Pay off your mortgage

Step Seven: Start building wealth


Blessed day!

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