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Dave Ramsey is an immensely popular financial guru who focuses on getting and keeping people out of debt on their path to financial freedom. His empire of books, podcasts and other financial media all focus on the same philosophy to build and maintain wealth: “The 7 Baby Steps.”
Here’s a look at what those steps are, how Ramsey invests and what strategies he offers viewers, readers and listeners regarding making money.
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The 7 Baby Steps
There’s no way you can talk about Dave Ramsey’s philosophy towards wealth-building without covering his seven baby steps. Here they are, in order:
Save $1,000 in an emergency fund.
Use the debt snowball method to pay off your debt, except for your…