Wednesday, February 27, 2008

FPU Highlights - Week 1

I thought about this kind of late in Week 1 . . . but I want to send ALL of you some quick highlights of each weeks Financial Peace University class. I mean this is AWESOME stuff! And I hope that all of you will get a small injection of financial wisdom to use -- and even be encouraged to go next time it's offered.

Dave Ramsey is a GREAT speaker and Ididn't get some of his pithy stuff written down last week that I will this week. . . here goes . . .

Week 1 Highlights:

- Baby Step #1 to Financial Security is saving a $1,000 emergency fund

- The only difference between saving and hoarding is attitude.

- Unexpected events do occur - expect them!

- Baby Step #3 is 3 to 6 months of expenses in savings.

- You must start [saving] NOW!

- Building wealth is a marathon, not a sprint.

- "No discipline seems pleasant at the time, but painful. Later on, however, it produces a harvest of righteousness and peace for those who have been trained by it." (Hebrews 12:11)


Also, remember Chris Gregory's blog: whatifwevegotitallwrong.blogspot.com

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