Description

Dave Ramsey has 7 recommendations:

1. Start a $1000 emergency fund
2. Implement a debt snowball strategy
3. Have 3-6 months of expenses worth in savings
4. Invest 15 % of your income
5. Save for your children's college tuition
6. Pay off your house early
7. Build wealth and give

Are these 7 steps good to follow? Do they lead to financial success? Here's our opinion.

Also in this episode:

• What is the difference between an Emergency Fund and a Cash Cushion?
• Expectations and positive thinking. 

Link to Dave Ramsey vs Infinite Banking binder: https://pages.mcfieinsurance.com/dave-ramsey-v-infinite-banking/?utm_source=youtube&utm_medium=link&utm_campaign=podcast&utm_content=557