Learn the financial steps that Dave Ramsey recommends. We're joined by Greg Ludlow, who has learned the lessons of Financial Peace University, put them in practice, and subsequently has led the course.
We discuss:
⭐️ Emergency funds
⭐️ Envelope budgeting
⭐️ Snowball debt payoff
⭐️ Seven financial baby steps
Baby Steps:
⭐️ 1 Save a small emergency fund ($1,000)
⭐️ 2 Pay off all debt except your home
⭐️ 3 Save three to six months of living expenses in an emergency fund
⭐️ 4 Save for retirement (15%)
⭐️ 5 Save for children's college
⭐️ 6 Pay off your mortgage
⭐️ 7 Build wealth to live and give like no one else
Resources:
Greg Ludlow:
https://www.linkedin.com/in/greg-ludlow-a8870967/
Investment Calculator:
https://www.ramseysolutions.com/retirement/investment-calculator
How To Budget:
https://www.ramseysolutions.com/budgeting/how-to-budget
The Baby Steps:
Investing Philosophy:
https://www.ramseysolutions.com/retirement/daves-investing-philosophy
Miata Edoga - actor and financial coach:
https://www.youtube.com/watch?v=-kyA9xdZbDI&ab_channel=ArtisticFinance
David Martin Jacques - lighting designer:
https://www.youtube.com/watch?v=5Hrl05CBZxc&ab_channel=ArtisticFinance
Patron only episode:
Alternate View on the Dave Ramsey Method:
https://www.fool.com/the-ascent/personal-finance/articles/4-things-dave-ramsey-is-dead-wrong-about/
Total Money Makeover:
https://www.ramseysolutions.com/store/books/the-total-money-makeover-by-dave-ramsey
...
Interview by Ethan Steimel
Become a patron:
