In my blog, Designing the Financial Environment, I discussed how to evaluate and bring your Financial environments more in-line with your goals.
Money guru Dave Ramsey teaches 7 “Baby Steps” to improving your financial environment. They are:
- $100 Emergency Fund
- Pay off all debt
- 3-6 months of enpenses in svaings
- Invest 15% of household income into Roth IRAs and pre-tax retirement
- Create a college fund
- Pay off home early
- Build wealth and give
He has unvailed a new budgeting app called “Everydollar” that can help you and your spouse track your spending and see where you are compared to your budget and goals in real time. Visit http://www.daveramsey.com/everydollar?ictid=ag67 to download the app today.
Christy Geiger, Executive/Leadership Coach, www.synergystrategies.com