Baby Step 4 in Dave Ramsey’s bestselling book and system, The Total Money Makeover, is to invest 15% of your gross pay in good growth stock mutual funds. While it is just a rule of thumb, he recommends 15% of your gross pay and not your net pay which means that you calculate the investment before taxes.

Dave Ramsey's Baby Step 4 - Invest 15% Of Your Income For Retirement

Baby Step 4 in Dave Ramsey’s bestselling book and system, The Total Money Makeover, is to invest 15% of your gross pay in good growth stock mutual funds. While it is just a rule of thumb, he recommends 15% of your gross pay and not your net pay which means that you calculate the investment before taxes.

What Are the Growth Stock Mutual Funds That Dave Ramsey Talks About?

What Are the Growth Stock Mutual Funds That Dave Ramsey Talks About?

Show your kids this amazing comparison chart to illustrate the power of starting early when it comes to investing. Then open a Roth IRA as soon as they earn W2 income. (See: http://blog.famzoo.com/2011/04/pave-road-to-retirement-for-your.html)

Show your kids this amazing comparison chart to illustrate the power of starting early when it comes to investing. Then open a Roth IRA as soon as they earn W2 income. (See: http://blog.famzoo.com/2011/04/pave-road-to-retirement-for-your.html)

Image of Dave Ramsey Mutual Fund Portfolios beating the S&P500 index fund over 10 years.

Image of Dave Ramsey Mutual Fund Portfolios beating the S&P500 index fund over 10 years.

a cool method on how to always pay cash for your cars instead of paying interest for 6 years! really cool idea! definitely going to do this!

a cool method on how to always pay cash for your cars instead of paying interest for 6 years! really cool idea! definitely going to do this!

Turn Things Around in 2013!......a 40-year-old making the average annual salary of about $40,000 could save $950,000 by the age of 65. But you must start right away.

Turn Things Around in 2013!......a 40-year-old making the average annual salary of about $40,000 could save $950,000 by the age of 65. But you must start right away.

Listed are 12 mutual funds that have averaged 12% for the past five years. Maybe Dave Ramsey isn't as crazy as many people think.

Listed are 12 mutual funds that have averaged 12% for the past five years. Maybe Dave Ramsey isn't as crazy as many people think.

Mutual Funds that have Averaged 12% for the Past Five Years

Mutual Funds that have Averaged 12% for the Past Five Years

Pinterest
Search