Why Dave Ramsey's 7 Baby Steps Work

Why Dave Ramsey's 7 Baby Steps Work. Dave Ramsey's 7 Baby Steps is a money management plan designed to help you get out of debt, save money and build wealth.

The truth about Dave Ramsey's 7 baby steps....Do they work? Let's have this discussion LIVE today!

In the first part of the video I will briefly explain all of the 7 baby steps, and at the end explain why they work and what I would change about Dave Ramsey's 7 Baby Steps.

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00:00 Introduction
04:40 Baby Step 1
06:34 Baby Step 2
11:35 Baby Step 3
15:03 Baby Step 4
17:08 Baby Step 5
19:05 Baby Step 6
21:40 Baby Step 7
23:35 Why Dave Ramsey's 7 Baby Steps Work
26:31 What I would change about Dave Ramsey's 7 Baby Steps

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My mission is to help you think wealth, manage wealth, build wealth, and preserve wealth. My mission is all about providing my viewers with actionable content that enables them to create wealth. Whether it's through jobs, side hustles, money management, investments, businesses and side gigs, or real estate, I want you to be in control of your money and your life.

My videos are a reflection of my own experiences that took me from a negative net worth at the age of 30, to a 7 figure net worth today. Please feel free to share this content, leave a comment, or ask a question. My goal is to help motivate you, provide encouragement in the process, and inspire you with your money.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. I am sharing my personal opinion. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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[renate.s.]

My 2 favorite money educators on YouTube, Ramsey and S.M.B.

[godschild-ydjy]

I like the baby steps but believe you should save while paying off debt. If you lose your job with only $1, 000 saved you will be in big trouble. I prioritize saving above everything but the basic necessities!

[mariebelfort]

I do listen to Dave Ramsey program and I have followed his advice based on the 7 baby steps up to the point of paying off your mortgage.
I am trying to decide whether it would be more beneficial for me in the long run to pay off my mortgage completely or focus on savings for a down payment on a rental property. I have 17 yrs before I can retire. What is your advice or what is in your opinion would be the best approach given that I have 17 yrs left to retire?.