Subject	Right around Step 4.
Posted by	ni[X]it on June 17, 2010 at 7:24 AM
	This message has been viewed 237 times.
In Reply To	Starting a new job tomorrow and have a question posted by Thenumber1zman on June 17, 2010 at 03:37 AM
Message	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. If I were to do it today, I'd aim for about $10,ooo. That's for a reasonable car ($5k-8k) and the rest to be used for preventive maintenance and simple mods. Petz #3
Follow Ups	Starting a new job tomorrow and have a question - Thenumber1zman 03:37:53 06/17/10 Depends on the Z. - Draker (Eugene, OR) 04:25:37 06/17/10 Are you serious..... What do you mean save up? - JonnyZ(SoCal) 04:29:16 06/17/10 Right around Step 4. - ni[X]it 07:24:27 06/17/10 I like the way you think. (n/m) - Z-CARR 08:00:04 06/17/10 LOL The Debt Snowball... - The Hawk 08:13:13 06/17/10 I don't know anything about the "debt snowball"... - Z-CARR 14:05:03 06/17/10 Yea, I prob shouldn't have bought my first one when - The Hawk 14:56:22 06/17/10 How can you recommend anything without knowing - ZiNnYc 08:25:57 06/17/10 Dave Ramsey ownZ.... - zfreak(Dallas) 08:32:56 06/17/10 2NDED. (n/m) - Josher 08:39:03 06/17/10 If you no nothing about finance and have absolutely - The Hawk 10:06:04 06/17/10 I can say with 103% accuracy (+/- 3%), - ni[X]it 10:16:35 06/17/10 Please explain it to me almighty NIXIT... - The Hawk 11:00:40 06/17/10 A man convinced against his will is of the same opinion stil - ni[X]it 11:36:28 06/17/10 thats a 5th grade answer for admitting you're wrong - The Hawk 11:58:23 06/17/10 Seems more like you dislike Ramsey to the point that it - BoneZ 18:42:58 06/17/10 he certainly isnt harming anything or giving anyone - LJZTT 07:14:09 06/18/10 I heart Nixit. :) (n/m) - zfreak(Dallas) 11:42:41 06/18/10 It's not illogical if you understand logic. - ZLover4Life 16:32:27 06/17/10 The only way it makes any sense is from - na300zx (OH) 16:36:24 06/17/10 :::sigh::: - ZLover4Life 17:58:50 06/17/10 Exactly. But not according to Lord Ramsey.... - The Hawk 20:04:56 06/17/10 lol.. way to fall for the hype. - Antihero 16:59:24 06/17/10 did you read my response? Really? Because I don't think so - ZLover4Life 17:57:51 06/17/10 It is ALWAYS better to pay off high interest debt first. - just4kinks 18:36:08 06/17/10 Simplistic analysis like yours is FAR more amusing. - ZLover4Life 19:00:36 06/17/10 Actually I think I should make a career change to banking... - just4kinks 19:39:04 06/17/10 Well in this case simplistic = 100% correct (n/m) - The Hawk 20:07:38 06/17/10 100% correct, huh? - ZLover4Life 22:07:01 06/17/10 Still wrong. Neither method will pay off the debt. - just4kinks 23:11:48 06/17/10 On one hand, I'm glad regarding your response... - ZLover4Life 00:00:08 06/18/10 if your a Statistician I'm guessing that you got fired - The Hawk 08:03:22 06/18/10 15% interest compounded monthly? Are you that dumb? - The Hawk 08:15:00 06/18/10 If people could do math, they wouldn't HAVE debt. - ni[X]it 18:38:00 06/17/10 I can do math just fine but I also like sex dr*gs and - The Hawk 20:09:56 06/17/10 Other than eventually needing MY hard-earned tax dollars... - Z-CARR 20:37:54 06/17/10 Never had a late pymnt in my life bro. Don't preach 2 me (n/m) - The Hawk 21:05:40 06/17/10 Re: Starting a new job tomorrow and have a question - SactoTodd 10:28:59 06/17/10
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