Baby Step 6.0: Pay off house EARLY NOTE: Making 1 extra payment per year (or 1/12th of a payment extra each month) will reduce the number of payments on a 30 year mortgage by 4 years or more. Our future plan: Stay tuned, the next and last Baby Step is the best… Previous Posts: Coming Up Next:
Dave Ramsey's Baby Steps - Expanded
Baby Step 0: Live like no one else…
Baby Step 1.0: Save $1,000 in Baby Emergency Fund (BEF)
Baby Step 2.0: Do debt snowball, paying all your debts from lowest BALANCE to highest
Baby Step 3.0: Save 3-6 months EXPENSES in a Fully Funded Emergency Fund (FFEF)
Baby Step 4.0: Start Contributing 15% of you paycheck to retirement
Baby Step 5.0: Save for kids college fund
Baby Step 7.0: Build Wealth & Give - … so now you can live like no one else!!
Dave Ramsey's Expanded Baby Steps - Baby Step 6.0
Posted by Lance | 6:02 AM | Baby Steps, Dave Ramsey, Personal finance | 0 comments »
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