DAVE RAMSEY BABY STEPS - Are they still relevant for everyone?
Jennifer Thomson Jennifer Thomson
94.6K subscribers
10,541 views
0

 Published On Apr 11, 2022

Dave Ramsey's Baby Steps is very recognisable in the mainstream money management discussions and many love his money strategy particular when very heavily in debt. He is based mainly for a US audience, so when we look at the Baby Steps strict order - are they still relevant even nearly 30 years after they were created?

Let's talk about this in my video today

Timestamps
00:00 How the Baby Steps Started
01:12 The Baby Steps overview
03:19 My experience with Baby Steps system
05:08 Does it need updating for today?
07:13 Step 1 Explained
11:52 Step 2 Explained
15:41 Steps 3-4 Explained
17:40 Pick investments right for you always
17:59 Steps 5-7 Explained

You can find the video of Dave Ramsey speaking at Elevation Church here -   • Stepping Into Financial Freedom | Dav...  
My own Money System overview -    • THE 4 Pillars of Money that GROW YOUR...  

Some of the links in this description are affiliate links that mean I receive a fee for recommending them, but it does not affect your price. This helps to support my work and channel, so thank you!

INVESTING PLATFORMS I USE (these are affiliate links):
💸 Invest using Etoro - https://mamafurfur.com/etoro
 eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk. Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision. I earn a commission if you sign up using my link / Sponsored by eToro / #advert / #eToroAffiliate
💳 Invest for our Business using InvestEngine - https://www.mamafurfur.com/investengine
🐝 PensionBee - https://www.mamafurfur.com/pensionbee
📊 Invest using Freetrade - https://mamafurfur.com/freetrade (we both receive a FREE SHARE worth £2-200).
💳 Invest using Coinbase for Crypto - https://www.mamafurfur.com/coinbase
📊Invest with a Lifetime ISA with Hargreaves Lansdown - https://www.mamafurfur.com/hl
📊 Invest using Hargay for 1.12% daily weekday returns - https://mamafurfur.com/hargay

** If using CFDs - they are complex instruments and come with a high risk of losing money rapidly due to leverage. ​67% of retail investor accounts lose money when trading CFDs with this provider​. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Your capital is at risk. Other fees may apply. Virtual Currencies are highly volatile. **

MY ONLINE COURSES & PRODUCTS:
🗒 Money Stacks Method Budget System for all your budget, financial freedom calculations, debt repayment system, Net worth calculator, Sinking funds and Investment Tracker
https://www.mamafurfur.com/spreadsheet
🗒Money Stacks Budget Book (3 month) Paper version - https://www.mamafurfur.com/planner
🗒Money Stacks Budget Book Digital Version (for Goodnotes etc) - https://www.mamafurfur.com/digital
📗 My Book - The Master Money Blueprint available on Paperback and Kindle https://www.mamafurfur.com/mmbbook
🚀 My Budgeting, Investing for Beginner and Youtube Decoded Course
https://www.mamafurfur.com/courses

KEEP IN TOUCH:
🌍 My website / blog - https://www.mamafurfur.com
📸 Instagram -   / mamafurfur  
🐦 Twitter -   / mamafurfur  
🙎 Facebook - https://www..facebook.com/mamafurfur


PS: All thoughts, reviews and suggestions my own. All information is given for educational purpose and not financial advice.

show more

Share/Embed