Episode 8 – How to Use Dave Ramsey’s Baby Steps

By thelifebydesignpodcast | January 9, 2019

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What comes to mind when you think of having financial peace? Perhaps you envision paying off your debt, boosting your savings, or not having to worry about the future.

Royal Standley helps clients achieve all of the above. Today, Royal shares the simple process he uses with clients, called Dave Ramsey’s Baby Steps, which focuses on changing money-related behaviors through a proven step-by-step plan.

In this episode, you’ll learn:

What’s involved in each of the seven Baby Steps
How to use the snowball method to become debt-free
What to consider when deciding how much money to set aside in your emergency savings
Why Royal never wants to see a client put four years worth of college savings in an account that is tied to education, like an ESA or a 529 plan
And more!

Tune in now to learn how you can start using the baby steps today!

Resources: Oregon Pacific Financial Advisors, Inc. | Dave Ramsey’s Baby Steps

Discussions in this show are for educational purposes only. The information presented should not be considered specific investment advice or a recommendation to take any particular course of action. Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change. All investing involves risk, including the potential for loss of principal. Securities and Advisory Services offered through United Planners Financial Services, Member FINRA, SIPC. Oregon Pacific Financial Advisors and United Planners are not affiliated. United Planners and its representatives do not offer tax or legal advice.