Baby Step 5: College Fund
Business Tips are weekly tips from other entrepreneurs, tools that you can use, or any other business idea or concept that might help you and your business!
For the next several weeks we are going to walk through Dave Ramsey’s Baby Steps for financial peace. If you can take the course, RIGHT HERE.
More than 25 years ago, Dave Ramsey fought his way out of bankruptcy and millions of dollars in debt. What he learned turned into Financial Peace University—the program that has helped more than 5 million people change their financial futures and family trees. Now, his radio show and podcast, The Dave Ramsey Show, reaches more than 13 million listeners each week.
Baby Step 5: Save for Your
Children’s College Fund
By this step, you’ve paid off all debts (except the house) and started saving for retirement. Next, it’s time to save for your children’s college expenses (that is, if they make it through Algebra II and Chemistry unscathed). We recommend 529 college savings plans or ESAs (Education Savings Accounts).
For those of us without kiddos, we can put this money right into Baby Step 6.
WEEKLY POSTS
- MONDAY Power Words are a quick (hopefully) inspiring and maybe even transformational video based on one word
- WEDNESDAY Just for Fun can be anything that I found fun or interesting that doesn’t really fit under the other categories!!! shared recipes!
- THURSDAY Mindset are weekly messages about our mindset, tips on how to keep our mindset where it needs to be, scientific findings about our brain, and encouraging messages about our mindset!
- FRIDAY Book Study: we will study one book throughout the year, each week diving into business, mindset, and personal development principles.
- Business Tips are weekly tips from other entrepreneurs, tools that you can use, or any other business idea or concept that might help you and your business!
