![]() That means getting out of debt (everything except the house) and building a fully funded emergency fund of three to six months of expenses before you start investing. That’s what it’s all about! Investing Principle #1: Get out of debt and save up a fully funded emergency fund first.Īny successful investment strategy needs a firm financial foundation, so it’s really important to lay the groundwork for financial success by working through the Baby Steps we were just talking about in order. By the end, you’ll see how these principles will help you build wealth, retire with dignity, and become outrageously generous. We’re going to take a closer look at Dave Ramsey’s approach to investing and break each of those principles down one by one.
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