Dave Ramsey Baby Steps - UK Version Explained

Dave Ramsey Baby Steps - UK Version Explained **************************************************** In this video I walk you through the 7 baby steps from Dave Ramsey’s book, The total money makeover. Although the steps were created in the US, the principles apply just the same in the UK, or anywhere else for that matter. My Monthly Budget Spreadsheet (Zero-Based Budget) *********************************** https://www.etsy.com/uk/listing/11625... CHAPTERS ************* 00:00 - 03:10 - Intro 03:10 - 04:44 - Step 1: £1000 Emergency fund 04:44 - 05:39 - Step 2: Pay off debt using debt snowball 05:39 - 06:55 - Step 3: Fully fund emergency fund (3-6 months) 06:55 - 08:09 - Step 4: 15% for retirement 08:09 - 09:33 - Step 5: Save for child's education 09:33 - 10:30 - Step 6: Pay off your mortgage early 10:30 - 11:11 - Step 7: Build wealth and give 11:11 - 11:51 - Credit cards 11:51 - 12:32 - Conclusion WEBSITE/BLOG ****************** https://www.frugalspender.co.uk REFERRALS **************** eToro - https://partners.etoro.com/B10482_A90... (I get a small kickback if you sign up with eToro using this link 😊) Crypto.com - https://platinum.crypto.com/r/qu9h5ewc7q (Sign up with this link and make a transaction for both of us to get $25. RESOURCES *************** Compound interest calculator https://www.thecalculatorsite.com/fin... Mortgage overpayment calculator https://www.moneysavingexpert.com/mor... BOOKS ********* Dave Ramsey - Total money makeover book (affiliate link) https://www.amazon.co.uk/gp/product/1... DISCLAIMER *************** I am not a financial advisor and everything I talk about on this channel is for information purposes only. I have learned through my own research. Remember that when investing in the stock market, your capital is at risk and you can lose money as well as make money. If you need help with your finances, you should seek help from a qualified financial professional. HASHTAGS ************** #daveramsey #babysteps #personalfinance #moneymanagement #ukfinance #moneytips #moneyhelp