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Podcast: The Financial Independence Show
Episode: Dave Ramsey’s Baby Steps | An Honest Look at All 7
Description: In this episode, The FI Show Guys take an honest look at Dave Ramsey’s 7 Baby Steps.
While we believe Dave Ramsey has been a great gateway for a lot of people, there’s a ton we just can’t agree with.
“Save 15%, never use credit cards, pay off all debt before investing”….these are just too prescriptive and not very optimal mathematically.
We know there’s a lot of Ramsey believers out there, and we welcome your feedback to this episode.
If you’re unfamiliar with the Baby Steps, here’s a quick overview...