Dave Ramsey's Baby Steps

These are the basic steps to financial peace:

1. Save $1000 for basic emergencies: Done
2. Pay off all consumer debt, cars, credit cards, personal loans, etc.: Done
3. Build emergency savings to equal 6 months worth of non-discretionary expenses: Done, with periodic reviews in case adjustments need to be made.
   
   3b: A specific savings goal, like a downpayment on a house or new car.
   
   
4. Begin saving and investing 15% of the household income: Done
5. Begin saving for children's education: ???
6. Pay down the house with everything left over.
7. Build wealth, be generous.