Listen "083 ~ Dave Ramsey's Baby Step 1 ($1,000 Starter Emergency Fund)"
Episode Synopsis
In recent months I have had numerous conversation with people telling me why Dave Ramsey is wrong and how his system (The Baby Steps) is only for people who do not know how manage their money, or those who are deeply in debt. I couldn't disagree more.Dave Ramey’s whole platform is to build wealth because building wealth allows you to have control of you time and money, which will let you live the life you want to live rather than the life you are handed.In this episode I want to dive into the very first Baby Step; Save $1,000 as a Starter Emergency Fund and why I believe this applies to anyone on any income level, any debt level, or any financial education level. Life happens and life happens fast. $1,000 is not enough but it is better than zero. You may not agree with Dave Ramsey’s program overall but I think we can all agree $1,000 set aside for emergencies only is better than having nothing in your account when those emergencies hit.Personally, or entrepreneurially, $1,000 will not change your life but it may keep your life from changing. Tune in, let's discuss. Let's connect!Send me an email!Join my mailing list for more content delivered directly to your inbox!Join me on clubhouse! @johnnyboy_Let's connect! I'd love to hear from you.Subscribe on YouTube, join my mailing list, or send me an email!
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