Dave Ramsey Baby Steps – For those in the UK

Unofficial Facebook group:
Dave Ramsey UK based support group

Dave Ramsey is well known in the USA but you may have never heard of him. He has a daily radio show which is now also available on YouTube and as a podcast.  He talks people through managing their money and becoming debt free.  The importance of having an emergency fund  (Baby Step 1 and Baby Step 3), investing for retirement (Baby Step 4) and paying off your mortgage (Baby Step 6).  Much of what he talks about applies anywhere in the world and if you follow the plan then you too can become debt free… like I have done.

A quick breakdown of the baby steps: www.daveramsey.com/baby-steps

Read the book to get more details of the baby steps: Total Money Makeover, available from UK based Amazon Marketplace sellers. http://j.mp/TMMOUK also available is the Total Money Makeover Audiobook on Audible (Free Trial)

Below are some useful videos to get you started on your debt free journey.

Baby Step 0 (BS0) – Be current on your existing debts.
Four Walls – Start with this before doing Baby Step One. https://www.youtube.com/watch?v=3_RX4gT20EM

– If you are always going into your overdraft facility, then you need to repay that debt first. Being current on all debts includes not using any overdraft facility. If you cannot clear your overdraft, then consider refinancing it with a traditional loan, then the loan repays the overdraft and you have the loan in Baby Step 2 to repay.
Video in which Dave says that an overdraft is before doing Baby Step 1. https://www.facebook.com/nannynickUK/videos/g.1625701281083011/10156662462904966/?type=2&ifg=1

Baby Steps Live – A review of all the baby steps

What is a Zero-Based Budget?

Learn to save, pay off debt, save for retirement, give generously.
Watch the Life, Hope, Money series from Life Church. https://www.life.church/watch/life-money-hope/

more… watch this Baby Steps series: https://www.youtube.com/watch?v=sAV7Nsxv2ng&list=PLlkeyjq6Mjc7AGjo9fw6nioajfq1Wd02wListen to the podcast… it really does help to hear how Dave helps other people and the Debt Free Screams are very motivating.
RSS feed: http://daveramsey.ramsey.libsynpro.com/ Also available on iTunes and Google Play. Search using your podcast app for: Dave Ramsey Show. There is also a Dave Ramsey app for iPhone and Android which now enables downloading of audio for off-line listening.Now that you are fired up, you need to do a cash flow plan. You can download forms from https://www.daveramsey.com/budgeting/how-to-budget/Background Who is this Dave guy and why should I do what he says?
Watch: The Dave Ramsey Story https://www.youtube.com/watch?v=r1NJzEYARlM Never Give Uphttps://www.youtube.com/watch?v=x4NhmB-yTMk


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