The 7 Baby Steps Explained - Dave Ramsey

Video quality	The size	Download

Information The 7 Baby Steps Explained - Dave Ramsey

Title	:	The 7 Baby Steps Explained - Dave Ramsey
Lasting	:	7.54
Date of publication	:
Views	:	1,2 jt

Nix the guesswork and scrolling We’ll connect you with investment pros we trust: bitly/3hc6Pgt
Comment from : The Ramsey Show Highlights

These steps were the best thing I've ever stumbled across on the internet Now I invest (I'll be a multi millionaire when I retire) I don't owe anything but my home My spouse and I just went to dinner The bill was 350 dollars (crazy right ) but we paid cash Have the month all paid for Investments all paid off and still was about to go to Sam's club Pay cash And 3 years ago we had a car payment and so much credit card debt
Comment from : Aaron Skinner

Is the 6 months cash reserve in bank account or in ETFs? Can anyone help me? Kind Regards
Comment from : Reinhard Bointner

i am 14, i have almost $300 saved, but i have zero income and i don't live in a populated area where i can do side hustles, so until i get my licence to drive and work i'll be educating myself about how to handle money
Comment from : Wesley

What is the best way to profit from the current market, meanwhile I'm still undecided about investing $400k in my stock portfolio to get some dvidends and minimize risk
Comment from : Theressa

Nice
Comment from : Robbyofit

I feel like no matter what I do, I’m always behind I finally got a new job, I’m so excited! $42,000 isn’t a lot, but when I look at what I’ve made in the past, it’s a big step for me! I’m excited to get started on saving more and finally getting out of debt I’ve lived with my bad financial decision for a long time, and I’m paying the consequences I know I’ll get there some day, it’s just taking time This job will really help me
Comment from : parvanirose

I currently rent and am 43 years old should I save up to buy a home or save for retirement?
Comment from : Christophe Van Den Heuvel

Just a silly question What is a 401k? brI’m in Australia
Comment from : Julianna Luxton

Continue to build wealth is an excellent advice but alot of time kids grow up they fight and split up over it
Comment from : Abuajela Tamimi

whats match?
Comment from : isaias richards

I have 14k in savings n i dont wanna back track im now learning from ramsey so i can keep goin up🙏🏾
Comment from : Christopher Flores

So, I discovered Dave yesterday and have been binging my way through videos and now, here I am I’m in the UK, I’m £4K in debt on a £25,000 salary with £700 in savings, no mortgage and no kids I’m starting immediately because I’ve gotten to 37 years old and almost gave up because I couldn’t see a future for myself It’s crazy how obvious it all seems when someone gives it to you straight So, anyway, I’m going to keep providing updates here and I guess we’ll see how this goes Quite frankly, I’m tired of living payday to payday and worrying about how I’d live if I lost my job Gazelle intensity begins today:brbr05/08/23 - Work on Baby Step 1 begins I’ve already got £700 in saving so should have this one smashed by the end of this month
Comment from : BRIX

Why are we only saving 15 for retirement?
Comment from : Angelo

5 months until I pay off my car!!!! Paying it off in 3 years instead of 5😎😎
Comment from : MaximusNews

Is that 15 a week ,or a month?
Comment from : Charles Spencee

2:57 lol is it just me or did he say put the kids on craigslist 😂
Comment from : Yosefboi

In the long haul, getting into stocks has been the only investment that makes sense over time since it’s been highly remunerative for me
Comment from : Tambol Yaya

From experience if you're Australian make $5000 your starter emergency fund, Everything here costs more and $1000 doesn't cut it anymore
Comment from : Sam Gammon

I’m 54 and self-employed Does it still make sense to invest in a Roth?
Comment from : John Boggs

halfway through baby step 2 now down to £ 20,000 Honestly I can't believe the progress once I started being geselle intense and applying Ramsey's way of getting out of debt and it is working😀
Comment from : Aisha Bah

I did not follow Dave's plan exactly but got similar results but it did take me a LOT longer
Comment from : Sky1

How do the numbers scale, if I live in a low income country, like Romania, where the median wage is like 800 euros a month Still save a 1000, or is there a logical proportion? 6 months of expenses is like 4-5k, it would take two years of intense saving to get that
Comment from : Vlad Rimi

Love this guy, thanks to him I got rid of my personal loans and credit card debt and I had a lot, the cost of living crisis was a breeze for me, thank you, thank you, thank you
Comment from : Netty

2:57 I did what he said and I got arrested My kids are fine Not sure who they were 😂
Comment from : Vincent Ervin

put the kids on craigslist 💀
Comment from : syliviana morel

I have been debt free for 3 years Life is good!
Comment from : Gary Murray

“Sell so much stuff, your kids think they’re next” 😂
Comment from : Luke Wilson ACA

Question - once you have done steps 1 and 2 ( $1000 and debt free) - do you put the $1000 already saved towards the emergency fund? Or keep it as a separate buffer?
Comment from : LennyTurner

I'm sort of in alot of debt and it seems I can't get out of it no matter how much I try someone please tell what they did to get out of it!!!!????
Comment from : Gladys Estefani

My question is for baby step 2, do you continue saving for house maintenance and car maintenance in your budget, or is that part of the $1000 baby emergency fund?
Comment from : Ali Sien

This is really good advice I just save $1-2k a month and passively pay down debt However, i am going to inherit my parents farm with 20 oil wells
Comment from : hello

I dont get money on it you all peoples deal with it i had nothing to do with that business money you using my mail i dont know about it put in my face thier financial its you not mine
Comment from : Rosie Baker

Using my Name thst business i dont kmow using my mail with o h t knowing me
Comment from : Rosie Baker

Glory to God
Comment from : DR Surekha Pagudala

Is it a better idea to save for retirement before paying off your house instead of treating it like 1-3? Just a curious question How would it be different for your house versus credit cards and car loans?
Comment from : Garvin Crosby

I love it! I am well on my way to accomplish step 1 this week!
Comment from : Heather Phillips

i would like to follow the dave ramsey method i don't have that much debt but, i do have fixed income below 1000 a month and am on Disability because I can't work i just don't see how it could work for me especially as i cannot have savings beyond 2000
Comment from : Novice Stitcher

I would think the $1,000 needs to be say $5,000 today
Comment from : dherko

I’m down to having NZ$29000 debt… feels like I’m never gona get there!😖
Comment from : Ed John

When you say contribute 15 in 401k, if my company matches 6 and I’m contributing 6 do you count that as 12 towards this goal?
Comment from : gwm88

Love dave from Ireland out of dept home paid for 4 rentals paid for
Comment from : Paul Maguire

😂😅 file bankruptcy save your money do not pay collections
Comment from : Goldie 1800

Currently working on baby step 1
Comment from : Kaylin Sparks

I’m only 2600 in debt still feels like broke five kids deep
Comment from : vince casey

Where’s all this baby step dollars come from im broke
Comment from : vince casey

You need to be positive… I’m positive it’s gunna rain ❤
Comment from : Wolfyy

Seeing I live in overpriced nyc I try to do baby steps x10 because everything is insane here
Comment from : Bill Wilhelm

Does anyone know when do I start giving money to my local church? He say Baby Step #7 is build wealth and give Is this the time I start giving my asked 10 of income?
Comment from : Aztecadr

My goal is to be debt free from my sibling I will never borrow money from family ever again I’m also done with paying it off! I can’t wait to be debt free soon! 🎉
Comment from : xololxo

How do I get in contact with Dave Ramsey
Comment from : Corion Jamison

Today I saw this video I’m in the UK I need help!
Comment from : Money Savings 4u

Does fidelity have mututal funds of growth stock?
Comment from : Tyler Hanson

Got my first 1,000 💯💯💯
Comment from : CourtesyNation CORP

Found your video at the perfect time when I needed the mostI wish they taught me this in college,"A good question opens the mind, a statement keeps it closed"Simply brilliant "It's always a good time to be rich, Starting early is the best, you've helped me alot with your advice, imagine investing $2000 and receiving $8,600 Vilma Kim is the best
Comment from : Lizzy millstone

Lit ep
Comment from : Tharsan Jeyachandran

I will be a millionaire by 35 I’m 27 now
Comment from : Joshdifferent

@beatpirate8br0 seconds agobrat this point i have 10-15 years w my parents so i told them ill pay 30 year mortgage to have less pressure and more money and time to enjoy w them while they are able and strong time w parents is priceless im working 7 to 8 shifts so i can spend free time w them
Comment from : Stella N

my home after repair is 930,000 and taxes are 12000 i am not able to pay off this house right away its different in northern california vs most other places i just paid all my family for the downpayment i borrowed my loan is 450k from bank i am starting to save now
Comment from : Stella N

“Work 6 jobs”: do that and see what kind of parenting problems you see
Comment from : Bailey Bunch

I found the show today, and as I listened I realised I just made $1000 in savings And now I've watched 40 videos 😅 keen to tackle baby step 2!
Comment from : Glen Pearce

Why does bs2 allow home mortgage debt? Are you really “debt free” if you owe money on your house?
Comment from : thereve

What does match mean? When Ramsey says "Do match before roths?"
Comment from : Hayoung Lee

Is the 3-6 months of saving separate of the $1000 from the emergency funds?
Comment from : zzz

Teach me how to get out of a 150 million dollar law suit
Comment from : Karla Armendariz

So I have about $100k in stock and what I’m hearing is I should sell that off and pay off all my debt with the exception of my house? This stock is separate from my retirement and 401k
Comment from : Matthew Elam

almost there, right now i have $50 in the bank, $950 to go
Comment from : LETUSWALK

It's hard to stay focused
Comment from : Rye Bread

When they say 15 for retirement, what if my company matches 5? Do I put 10?
Comment from : Kent Norris

I’ve found saving 3 to 6 months expenses to be the most difficult one to do Mainly just because of some kind of a mental block where I feel like the Bible condemns me for hoarding money I need a scripture verse that tells me it’s a sin not to save money But instead I find verses where Jesus says to give it all away So I haven’t saved 3 to 6 months
Comment from : NathanH83

Dave needs to update this for sub 4 percent mortgages
Comment from : Anon Liquid

What's the deal with the whole life insurance? Where you can get money back for not dying Please make a video on that God bless you guys
Comment from : J Roque

I am still struggling with paying off the house or investing the money with the current rates Right now, were locked into a 10 year at 175 and through dollar cost averaging into the S&P 500 I am up about 37 over the last 18 months I understand the psychological aspect of paying it off but mathematically cannot pull myself to do it
Comment from : Furry Hippo Finance

I just loved this caller So sweet and gracious
Comment from : Joni Haworth

When it comes to the 15 of your income, is it 15 of your monthly income or is it 15 of your annual (yearly) income?brbrCoz I'm on baby step 2 (I owe my mom $1000 for now) but I'm also doing baby step 3 simultaneously by just contributing $30 towards that for now till I crush baby step 2
Comment from : Natasha Selemani

Not this video opening for me with a credit card ad 😂🤦‍♀️
Comment from : Sophie Lauren

I'm moving $33 everyday from my checking into my savings to build my $1000 If you do this for 31 days you will have your $1000 saved
Comment from : Jacob

He lost me when he mentioned investing in 401Ks and IRAs and whatever Roth's are and what not I have no clue what he's talking about now
Comment from : Ampwich

I just discovered Davey Ramsey I did baby steps by my own on my early 20s without knowing This definitely works Now I am richer than I could have never imagined
Comment from : Rodrigo Loza

You are a great advisor
Comment from : Rifatul I Himel

The media is currently barraged with a lot of economic data right now It takes a lot to see beyond the whole ocean of news on focus on what is important, which is that no matter how low stocks go, they always bounce back I really ignore all the news and keep investing I recently allocated about $121k to put in the market as we anticipate a crash Any recommendations?
Comment from : Adonis Orion

Did he say put your kids on craigslist lol!
Comment from : Dynamic Drawings 1213

I'm all for that, I know I'm doing it and I've cleared most of my debts, I'm tired of pay pay pay pay every month, tired of giving my money to others, and I feel better, make it happen, see it through, make it real, stop thinking too much, and start doing 👍👍👍👍👍👍
Comment from : c c

Fight like you're the 3rd monkey on the ramp to Noah's ark and brother it's starting to rain
Comment from : TerraFirma-X

🎉🎉🎉
Comment from : Philip

Hello How does HSA money factor into emergency savings?
Comment from : Michael B

Or or or or 😂
Comment from : William Cruz

Attack the debt with highest interest 1st 💰💰💰
Comment from : Spearman Chance

this is a great guide to get out of debt, but it has nothing to do wtih building wealthbrthe first 6 steps don't contribute to building wealth, they are basicly about paying debtbrthe 7's step is keep working and save money all your life, that's sadly not gonna make you richbrsay you make 3k a month and save 1k that's 120k in 10 years, that means it would take 100 years to be a millionaire
Comment from : Adam zoabi