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Show Notes
Dave Ramsey has 7 recommendations:
- Start a $1000 emergency fund
- Implement a debt snowball strategy
- Have 3-6 months of expenses worth in savings
- Invest 15 % of your income
- Save for your children's college tuition
- Pay off your house early
- Build wealth and give
Are these 7 steps good to follow? Do they lead to financial success? Here's our opinion.
Also in this episode:
- What is the difference between an Emergency Fund and a Cash Cushion?
- Expectations and positive thinking.
Link to Dave Ramsey vs Infinite Banking binder: https://pages.mcfieinsurance.com/dave-ramsey-v-infinite-banking/?utm_source=youtube&utm_medium=link&utm_campaign=podcast&utm_content=557