Spend less than you make.
That sounds like total common sense – but so many people can’t do it.
Save for the future too.
Dave Ramsey’s 7 Steps are a Good Place to Start:
- Start a $1,000 emergency fund
- Pay off all debt using the debt snowball (smallest balances first)
- Save three to six months of expenses
- Invest 15 percent household income in Roth IRA’s and pre-tax retirement
- Save for children’s college
- Pay off your home early
- And finally, build wealth and give
I hope you are responsible with your finances and your precious time.
I love you.
— Dad