Personal Finance #personalfinance #animatedbooksummary
Dave Ramsey is considered as one of the very best individual money specialists around the globe. The Total Money Makeover is an individual financing book that shows us exactly how to come to be abundant by simply taking a couple of simple clever decisions in life. According to the writer, we ought to concentrate on living a debt-free life as well as likewise have sufficient reserve which will assist us during hard times without endangering on the kind of way of life we are utilized to living.

In this video, I have actually shared 7 Steps To Financial Freedom which Dave Ramsey has Explained in his book.

Time Stamps:
00:00 Introduction (7 Baby Steps To Financial Freedom).
00:29 Emergency Starter Fund.
01:47 Paying Off Your Debt & Increase ESF.
01:33 Debt Snowball Effect.
02:16 Calculating ESF.
03:32 Invest 15% of Your Income To Mutual Funds (Retirement Planning).
04:11 Children Education Fund (Equity Investment).
04:50 Becoming Debt Free (Finish All Your Loans)

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