DAVE RAMSEY BABY STEPS - Are they still relevant for everyone?
Dave Ramsey's Baby Steps is very recognisable in the mainstream money management discussions and many love his money strategy particular when very heavily in debt. He is based mainly for a US audience, so when we look at the Baby Steps strict order - are they still relevant even nearly 30 years after they were created?
Let's talk about this in my video today
Timestamps
00:00 How the Baby Steps Started
01:12 The Baby Steps overview
03:19 My experience with Baby Steps system
05:08 Does it need updating for today?
07:13 Step 1 Explained
11:52 Step 2 Explained
15:41 Steps 3-4 Explained
17:40 Pick investments right for you always
17:59 Steps 5-7 Explained
You can find the video of Dave Ramsey speaking at Elevation Church here -https://youtu.be/KoyHMpU3l0A
My own Money System overview - https://youtu.be/HJdprOn9mqo
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WHO AM I:
I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Our heart is serving and educating others on the topics that we believe can help others the most. Sadly I cannot reply to every comment or message, but thank you for supporting my channel.
PS: All thoughts, reviews and suggestions my own. All information is given for educational purpose and not financial advice.
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