How Do You Eat An Elephant?
Posted by I Hope , Sunday, August 31, 2014 7:44 AM
One baby step at a time.
Well, actually it's one bite at a time, but to conquer this debt, I'm taking one baby step at a time. These are the baby steps that Dave Ramsey proposes:
Baby Step One: $1000 Emergency fund
Baby Step Two: Debt Snowball
Baby Step Three: Saving 3-6 months of expenses
Baby Step Four: Invest 15% of income
Baby Step Five: Save a college fund for the children
Baby Step Six: Pay of home early
Baby Step Seven: Build wealth and give
I've complete Baby Step One. THANK GOD!!!! Now I"m doing my Debt Snowball. The only debt I have is my student loan, so I'll be rolling along...
Happy rolling!!
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