Have you thought about becoming debt free and financial independent? Dave Ramsey has 7 baby steps to help you achieve that goal.
Baby Step 1 – Create An Emergency Fund
The first step is to create an emergency fund. This is intended to help you in-case of an unexpected expense comes up. Ideally you’d want to have 1 months salary saved up.
Baby Step 2 – Paying off Credit Card Debt
The debt snowball calculator is a tool that’ll help you pay off your credit card debt. The idea behind this is you add all of your credit cards into the debt snowball spreadsheet and then starting paying off your debt. As you pay off one credit card you’ll roll that payment over to the next credit card. This will create a debt avalanche and have you paying off your debt very quickly.