My Thoughts On Dave Ramsey's 7 Baby Steps In 2024 (DOES IT WORK?)

“Ramsey says avoid all debt. Kiyosaki says use debt to get rich. Who’s right?”

In this episode, Jaspreet shares his personal experience testing out Dave Ramsey’s 7 Baby Steps—what worked, what didn’t, and how to adapt them for your own goals in 2024.

• The key difference between Ramsey and Kiyosaki’s approach to building wealth
• Why a $1,000 emergency fund might not cut it anymore
• Which debts you should actually pay off first—and why
• What Jaspreet did instead of opening a 401(k)
• Alternatives to college funds that build wealth and flexibility for your kids
• When it makes sense to pay off your mortgage early—and when it doesn’t
• How to follow the baby steps without living a boring financial life

Whether you want peace of mind or aggressive wealth-building, this breakdown will help you personalize the path—and avoid blindly following advice that doesn’t fit your vision.

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Please note: Yes, these are our sponsors & advertisers. However, these are companies that I trust and use (or have used). The compensation doesn't affect my recommendations or advice. That being said, you should always do your own research & never blindly listen to a random guy on YouTube (or a podcast).

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