Yesterday a potential Tax Rebate was announced. If you are unfamiliar with the announcement, click here. Make a plan for your money. If you do not have a plan, here's a suggestion - follow Dave Ramsey's 7 Baby Steps to Financial Freedom. They are:
Step 1: $1,000 In An Emergency Fund
Step 2: Pay Off All Debt With The Debt Snowball
Step 3: 3 To 6 Months Expenses In Savings
Step 4: Invest 15% Of Income Into Roth IRAs And Pre-Tax Retirement Plans
Step 5: College Funding
Step 6: Pay Off Your Home Early
Step 7: Build Wealth And Give!
This is a nice simple plan for financial freedom. To learn more about his program, click here.
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