'Their Advice Is Stupid:' Dave Ramsey Rejects Parents Mortgage Push, Orders Caller On Baby Step 2 To Kill Debt First, Save $20,000 Later
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627K views · 3.9K reactions | George explains Baby Steps 1 and 2 on The Ramsey Show. | The Ramsey Show | Facebook
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Mark called in with his Baby Step 2 plan to get out of debt, and Rachel and Dave help him understand why we teach the snowball method of paying off debt. | The Ramsey Show
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The 7 Baby Steps are a proven, step-by-step plan to take control of your money and build wealth. First, save $1,000 as a starter emergency fund. Then, knock out all debt except your house. Once you’re debt-free, build up 3–6 months of expenses. From there, you’ll invest, save for college, and pay off your home early so you can live and give like no one else. Follow this plan and you’ll change your life forever. | Dave Ramsey
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Kate called into The Ramsey Show wondering if she should go back and work Baby Step 2 with her husband, even though she's made it to Baby Step 6. Dave talks about the importance of working together with your finances. | The Ramsey Show
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