Lesson 1 Recap

[lucybug10]

 Most of you will find this boring, but i find writing or typing a recap of a lesson often helps me retain information... So.

Financial Peace University. Lesson 1 Recap.
"The Seven Baby Steps"
There is a process for getting out of the mess we've created without feeling overwhelmed. (<- Still working on that)
Getting out of debt will NOT happen

Comments

[glamdeluxe]

I love Dave Ramsey. Also I bet you five bucks that this post gives Nate a boner.

Five bucks paid by credit card.

[lucybug10]

HA ha ha... you're probably right. :)

I love DAve Ramsey too.

[alison852]

i knew andrea would be the first to comment on this... and say that. well, the part about loving dave ramsey. i liked this post a lot, and you should post more as you learn it, so that i can learn it too. i heard a guy on oprah the other day say that you should put one hour's pay per week into savings. i'm going to start that tomorrow, when i get my first paycheck since hearing that.

[lucybug10]

I'll post a recap of every lesson to help you better your financial situation. :)

[natorgator]

Badical. I enjoyed reading. I think the debt snowball is basically paying off the little balances first so it feels like you're making progress faster.

I really think stuff like this should be part of the required curriculum in public high school. Our society would definitely be a lot better off.

[lucybug10]

I think you're pretty right about the debt snowball... but i still haven't learned the whole idea yet.

and i'm totally with you on this being a required curriculum in high school. I'd be so much better off right now, i'm so sad it took me until i was 23 to realize money is uber important.