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In this episode, we ask:

• Have you heard about the Seven Baby Steps?
• How does Dave Ramsey forego logic?
• Who sponsors Dave Ramsey?
• Are annuities worth Dave Ramsey’s disgust face?
• Why does Dave Ramsey’s advice stay written in stone?
• Are you an avid follower?
• What are the baby steps?
  • Have you saved $1K in an emergency fund?
  • Have you used the debt snowball method to pay of debts?
  • Have you set up a fully funded emergency fund of three to six months worth of expenses?
  • Have you invested 15% of household income into retirement?
  • Have you started saving for college?
  • Have you paid off your home early?
  • Have you built wealth and do you give generously?
• What do we love about Dave Ramsey?
• Why are the baby steps awesome?
• What do we love about Dave’s teachings?
• What about saving $1K cash in an emergency fund?
  • Is $1K a big enough improvement?
  • …What has changed since Dave Ramsey first started? Is his advice out of date?
  • How does that affect what you truly need to save?
  • What’s the smallest ideal emergency fund in today’s dollars?
• What about the debt snowball method for paying off debts?
  • Is it better to go on math or emotion?
  • What is the benefit to paying the debt with the smallest balance, regardless of interest rate?
  • How did Mark and Katrina use the snowball method on student debt?
  • What did Mark and Katrina’s mentor ask?
  • Is it possible to be BETTER than debt free?
  • What is Holly’s story?
  • Is the snowball method the holy grail of debt payoff wisdom?
  • What did Holly’s friend do with their car as a result of the snowball method?
  • Is it about numbers or feelings?
  • Is everyone’s situation the same?
  • Is Dave Ramsey regulated by any governing authority?
  • Does Dave Ramsey have any credentials?
  • What about credit card faith?
  • What about faith in the freedom from debt?
  • Is it possible to use credit cards safely and responsibly?
• What about setting up a fully funded emergency fund of three to six months of expenses?
  • Is this enough?
  • Do you need at least 12 months of a fully funded emergency fund?
• What about saving 15% of your income for retirement?
  • What assumptions are these based on?
  • Can you make a real return (CAGR) of 12%? What are the odds?
  • Do you want to bank on 2% chances of getting 12%?
• What about saving for college?
  • Who has a problem with saving for the children?
  • What does Dave recommend?
  • What is the big risk with a 529 plan?
  • What happens if the market crashes when your kid is in school?
  • See Episode 27
• What about paying off your home early?
  • Should you pay off or refinance your mortgage?
  • Is this the pinnacle of human existence?
  • See Episode 14
  • Can you make an annual 12% return in your mutual funds?
  • What is true in today’s dollars and interest rates?
  • Why doesn’t Dave Ramsey update his recommendations based on the modern day realities?
• What about building wealth and giving?
  • Why not give on day 1?
  • Why not build wealth on day 1?
  • How does the death benefit on a life insurance policy do just this?
• What idea is Dave Ramsey selling?
• How does that affect you and your family ultimately?