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Insurance the Ramsey Way

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Step 1: Save $1,000 for your starter emergency fund.

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Step 2: Pay off all debt (except the house) using the debt snowball.

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Step 3: Save 3–6 months of expenses in a fully funded emergency fund.

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Step 4: Invest 15% of your household income in retirement.

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Step 5: Save for your children’s college fund.

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Step 6: Pay off your home early.

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Step 7: Build wealth and give.