Baby Steps

What are the baby steps?  These are Dave Ramsey's suggested steps to debt freedom.

1)  Save $1000 emergency fund 

2)  Pay off all non-mortgage debt in order of smallest to largest

3)  Save 3-6 months of expenses (Fully Funded Emergency Fund)

4)  Save for retirement

5)  Save for children's college (if you choose to do so)

6)  Pay off mortgage early

7)  Live like no one else!  Give, save, invest, travel, etc...  You have NO more debt!  You're free!

They're called baby steps; they're easy to understand; there are only 7 of them.  How hard could this be?  Famous last words.