The Wealthy Idiots Show

Ramsey's Baby Steps Rewritten to Make you Wealthy (2022)


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Dave Ramsey's Baby Steps have been designed to help people "get by." But what if there are more powerful baby steps that can help you get rich? AJ rewrites Dave Ramsey's baby steps to show you how to long term wealth safely and successfully so that you can enjoy your future!


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Original Video - https://www.youtube.com/watch?v=LjhcB92R7M0 - @Dave Ramsey


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00:00 Introduction

00:41 Explaining why I want to breakdown the Ramsey's Baby Steps

01:17 Breaking Down Dave Ramsey's Baby Steps

06:25 You can strive to be better than OK

08:07 1. Understanding Networth

09:44 2. Find a balanced lifestyle

11:36 3. Build an emergency fund

13:43 4. Invest in retirement (401k) (Roth IRA)

15:12 5. Pay off debt with an interest of 5% and above

16:37 6. Save for college if you feel this is necessary

18:07 7. Invest the difference saved from paid off debt

19:06 8. Invest even more!

22:08 Conclusion



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The Wealthy Idiots ShowBy The Wealthy Idiots