The 7 Baby Steps

  1. $1,000 to start an emergancy fund
  2. Pay off all debt using the debt snowball system
  3. Build up 3 to 6 months expenses in savings to use as an emergancy fund
  4. Invest 15% of household income into Roth IRA accounts and pre-tax retirement plans
  5. College funding for children
  6. Pay off your home
  7. Build wealth and give