84: Dave Ramsey Financial Advice with Greg Ludlow

Learn the financial steps that Dave Ramsey recommends. We're joined by Greg Ludlow, who has learned the lessons of Financial Peace University, put them in practice, and subsequently has led the course.

 

We discuss:

⭐️ Emergency funds

⭐️ Envelope budgeting

⭐️ Snowball debt payoff

⭐️ Seven financial baby steps

 

Baby Steps:

⭐️ 1 Save a small emergency fund ($1,000)

⭐️ 2 Pay off all debt except your home

⭐️ 3 Save three to six months of living expenses in an emergency fund

⭐️ 4 Save for retirement (15%)

⭐️ 5 Save for children's college

⭐️ 6 Pay off your mortgage

⭐️ 7 Build wealth to live and give like no one else

 

Resources:

 

Greg Ludlow:

https://www.linkedin.com/in/greg-ludlow-a8870967/

 

Investment Calculator:

https://www.ramseysolutions.com/retirement/investment-calculator

 

How To Budget:

https://www.ramseysolutions.com/budgeting/how-to-budget

 

The Baby Steps:

https://tinyurl.com/yh5t8he4

 

Investing Philosophy:

https://www.ramseysolutions.com/retirement/daves-investing-philosophy

 

Miata Edoga - actor and financial coach:

https://www.youtube.com/watch?v=-kyA9xdZbDI&ab_channel=ArtisticFinance

 

David Martin Jacques - lighting designer:

https://www.youtube.com/watch?v=5Hrl05CBZxc&ab_channel=ArtisticFinance

 

Patron only episode:

 

Alternate View on the Dave Ramsey Method:

https://www.fool.com/the-ascent/personal-finance/articles/4-things-dave-ramsey-is-dead-wrong-about/

 

Total Money Makeover:

https://www.ramseysolutions.com/store/books/the-total-money-makeover-by-dave-ramsey

 

 

...

 

Interview by Ethan Steimel

 
Become a patron:

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www.artisticfinance.com