This part of my tool bag is for any one of any age, however, mostly those 20 and 30 somethings that are just starting out and need a life plan or second set of eyes on their current plan.
We cover the following subjects, which are the Dave Ramsey Baby Steps: 1. Creating an emergency fund 2. Paying off all debt with the Debt Snowball 3. Building up 3-6 months expenses in savings 4. Investing 15% of household income into Roth IRA's & Pre-Tax Retirement Savings 5. College Funding 6. Pay off the House Early 7. Build Wealth & Give Again, as an advocate, my position is one of providing information and encouragement and directing you to the appropriate resource. For example: if you need term life insurance - where would you start shopping policies? If you need to pay back lots of student loan debt - how do we strategically budget for that? |