Check in with me: Dave Ramsey’s Babysteps

I started the babysteps by Dave Ramsey in 2019. My goal was to be able live stressfree, paying the bills and enjoy life. Following the babysteps I wanted to become financially secure enough to buy a house.

Dave Ramsey’s BabySteps

I watched some youtube video’s of people who have followed the steps. Some were positive and others talked about how they changed some parts. To get more in-dept knowledge I read his book (see my review of the book here) and got more of an idea how I was going to execute the steps.

My progress

At the beginning of 2019 I accepted a new contract with a better salary. I started Babystep 0; budgeting and learning more about my finances.

After receiving my holiday pay I transfered €1000,- to my savings account as my emergency fund and completing Babystep 1.

From May 2019 I started my debt free journey; Babystep 2. There was three debt payments in total, student loan, monthly installments for a course I had followed and taxes.

In July I finished paying for the course I had followed as planned.

In August I thought I had paid of all my taxes. After receiving a reminder I called to confirm and realized there was second bill. Dejected I paid it in September and had to get myself motivated again to budget further.

My student loan is still on going. In July 2019 I started paying a small amount extra €132,86. By budgeting I kept realizing I could pay more and raised incremently it to €900,- by January 2020.
With the start of the new year I made a plan to pay of my debt by the end of the year. Then the Corona virus started spreading. Initially I didn’t think it would have the influence on the world that I know now. By the end of February it became a real threat. When I was requested to start working at home (before the intelligent lockdown) I was taking it very serieus. It was still unclear if it would have impact on my way of working and if my job was at risk. But I realized I needed to be prepared if need be. So I put my extra debt payments on hold and choose to build my emergency fund further.

Babystep 2 update

In March I started on Babystep 3(a) building a fully funded emergency fund for six months. I used the €900,- I had been using for paying of my student loan in March and April. When I received my holiday pay in May I used it to fund my emergency fund fully.

Babystep 3a
What’s next…?

In June I will restart my debt free journey and pay extra towards my student loan. The plan is to finish Babystep 2 in November 2020. And then start with Babystep 3b: downpayment for buying a house.

How is your debt free journey going?

Read my previous post about my debt free journey here.

115 thoughts on “Check in with me: Dave Ramsey’s Babysteps”

  1. Few weeks ago I ordered from Alldaychemist.com and Reliablerxpharmacy.com decided to make a video about my experience with it. Here is the video. Grethel Meier Vlada

  2. I have recently started a site, the info you provide on this site has helped me tremendously. Thank you for all of your time & work. Danna Keir Sigismondo

  3. This article offers clear idea in favor of the new people of blogging, that really how to do blogging and site-building. Ann Moshe Devol

  4. If some one wishes expert view about running a blog then i suggest him/her to visit this weblog, Keep up the fastidious work. Amargo Ambrose Mansur

  5. You have noted very interesting details ! ps decent site. “Sutton lost 13 games in a row without winning a ballgame.” by Ralph Kiner. Amandy Iggie Regen

  6. Hi to all, the contents present at this web site are genuinely amazing forr people knowledge, well, keep up the good work fellows. Maddy Feodor Mychael

  7. This is my first time go to see at here and i am genuinely pleassant to read all at single place. Jaquenette Cull Winnifred

  8. Hello, constantly i used to check web site posts here in the early hours in the dawn, since i like to gain knowledge of more and more. Adorne Killy Dinse

  9. An intriguing discussion is worth comment. I believe that you should compose more on this topic, it may not be a frowned on topic but generally people are not nearly enough to speak on such topics. To the next. Thanks Pippa Eldin Janek

  10. Hey would you mind letting me know which web host you’re using?
    I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most.

    Can you recommend a good hosting provider at a fair price?
    Many thanks, I appreciate it!

  11. I do not know whether it’s just me or if perhaps everyone else experiencing issues with your website.
    It appears as if some of the text on your content are running
    off the screen. Can somebody else please provide feedback and let me know if this is happening to them as
    well? This might be a problem with my internet browser because
    I’ve had this happen before. Kudos

  12. Please let me know if you’re looking for a article writer for your weblog.
    You have some really good articles and I believe I would be a good asset.
    If you ever want to take some of the load off, I’d absolutely
    love to write some content for your blog in exchange for a link back to mine.
    Please send me an email if interested. Many thanks!

  13. A fascinating discussion is definitely worth comment. I think that you ought to write more on this subject matter, it
    might not be a taboo subject but generally people don’t discuss these issues.
    To the next! Many thanks!!

  14. Hello there, I found your blog via Google while searching for a similar subject, your website came up, it appears good.
    I have bookmarked it in my google bookmarks.
    Hi there, just turned into aware of your weblog via Google, and found that it’s truly informative.

    I am gonna be careful for brussels. I will be grateful
    for those who proceed this in future. Many folks can be
    benefited out of your writing. Cheers!

  15. I simply could not go away your site prior to suggesting that I really
    loved the standard info a person supply for your visitors?
    Is gonna be back ceaselessly in order to check up on new
    posts

  16. If some one desires to be updated with latest technologies after that he must be pay a visit this
    web page and be up to date every day.

  17. Undeniably consider that that you stated. Your favourite justification seemed to be
    on the net the simplest factor to understand of.

    I say to you, I certainly get irked while folks consider concerns that they just do not realize about.
    You controlled to hit the nail upon the highest and defined out the
    whole thing with no need side effect , other people could take a signal.
    Will likely be back to get more. Thank you

  18. Thanks for one’s marvelous posting! I certainly enjoyed reading it, you will be a
    great author.I will make certain to bookmark your blog and definitely will come
    back in the foreseeable future. I want to encourage one to continue your great posts, have
    a nice day!

  19. Does your blog have a contact page? I’m having trouble locating it but, I’d like to shoot you an email.
    I’ve got some ideas for your blog you might be interested in hearing.
    Either way, great website and I look forward to seeing it improve over time.

  20. I like the helpful info you provide in your articles.
    I’ll bookmark your blog and check again here frequently.
    I’m quite sure I will learn lots of new stuff right here!
    Best of luck for the next!

  21. That is a very good tip particularly to those fresh to the blogosphere.
    Simple but very accurate info… Appreciate your sharing this
    one. A must read article!

  22. I’ve learn several just right stuff here. Certainly price bookmarking for revisiting.
    I surprise how much effort you set to make such a great
    informative web site.

  23. At this time it sounds like BlogEngine is the best blogging platform
    out there right now. (from what I’ve read) Is that what you’re using on your
    blog?

  24. Hello my loved one! I wish to say that this post is amazing, great written and include almost all
    significant infos. I would like to look extra posts like this .

  25. A fascinating discussion is worth comment. I think that
    you need to publish more about this issue, it may
    not be a taboo subject but generally people do not
    talk about these topics. To the next! All the best!!

  26. It’s a shame you don’t have a donate button! I’d definitely donate to this excellent blog!
    I guess for now i’ll settle for bookmarking and adding your RSS feed to my Google account.
    I look forward to fresh updates and will share this
    website with my Facebook group. Talk soon!
    asmr 0mniartist

  27. Wow, awesome blog layout! How long have you been blogging for?

    you made blogging look easy. The overall look of your web site
    is fantastic, let alone the content!

  28. Pretty nice post. I just stumbled upon your weblog and wished to say that I’ve truly enjoyed browsing your blog posts.
    In any case I’ll be subscribing to your rss feed and I hope you write again soon!

  29. Thanks for one’s marvelous posting! I seriously enjoyed reading it, you can be a
    great author.I will remember to bookmark your
    blog and will eventually come back later in life.
    I want to encourage yourself to continue your great posts,
    have a nice holiday weekend!

  30. I do not even know how I stopped up here, but I believed
    this put up was once great. I do not understand who you are
    but certainly you’re going to a well-known blogger if you are not already.

    Cheers!

  31. I’m really loving the theme/design of your web site. Do you ever run into any web browser
    compatibility problems? A few of my blog audience have complained about
    my blog not operating correctly in Explorer but looks great in Opera.
    Do you have any advice to help fix this issue?

  32. Hello! This is my 1st comment here so I just wanted to give a quick shout out and tell you I genuinely enjoy reading your articles.
    Can you suggest any other blogs/websites/forums
    that go over the same topics? Appreciate it!

  33. I’ll immediately grasp your rss as I can not
    in finding your e-mail subscription hyperlink or newsletter
    service. Do you have any? Please let me recognise in order that I may subscribe.

    Thanks.

  34. I have learn several excellent stuff here. Certainly price bookmarking for revisiting.
    I surprise how a lot attempt you place to create this sort of excellent informative site.

  35. It’s in fact very difficult in this active life to listen news
    on Television, therefore I simply use the web for that reason, and obtain the newest news.

  36. Admiring the persistence you put into your site
    and in depth information you present. It’s good to come across a blog every once in a while that isn’t the same old rehashed material.

    Fantastic read! I’ve bookmarked your site and I’m adding your RSS feeds
    to my Google account.

  37. Do you have a spam issue on this site; I also am a blogger,
    and I was wondering your situation; we have created some
    nice procedures and we are looking to trade solutions with other folks, why not shoot me an email
    if interested.

  38. Hi there, just became aware of your blog through
    Google, and found that it’s really informative.
    I’m going to watch out for brussels. I’ll appreciate if you continue this in future.

    Numerous people will be benefited from your writing.
    Cheers!

  39. I relish, cause I found just what I was looking for. You
    have ended my four day lengthy hunt! God Bless
    you man. Have a great day. Bye

  40. It’s a shame you don’t have a donate button! I’d without a doubt
    donate to this brilliant blog! I suppose for now i’ll settle for bookmarking and adding your RSS feed to my Google account.

    I look forward to brand new updates and will share this blog with my Facebook group.
    Talk soon!

  41. It is actually a nice and helpful piece of information. I’m satisfied that you
    shared this helpful info with us. Please stay us up to date like
    this. Thank you for sharing.

  42. Good post. I learn something totally new and challenging on websites I stumbleupon on a
    daily basis. It will always be helpful to read content from other writers and practice something from their sites.

  43. Hi! Someone in my Myspace group shared this website
    with us so I came to check it out. I’m definitely enjoying the
    information. I’m book-marking and will be tweeting this to my followers!
    Terrific blog and terrific design.

  44. I do agree with all the concepts you’ve offered on your post.

    They’re really convincing and will certainly work.
    Still, the posts are too quick for starters. Could you please prolong
    them a bit from next time? Thank you for the post.

  45. You actually make it seem so easy with your presentation but I find this topic
    to be actually something which I think I would
    never understand. It seems too complex and extremely broad for me.

    I’m looking forward for your next post, I’ll try to get the hang of it!

  46. Thank you for the good writeup. It in fact was once a entertainment account it.

    Look complex to far introduced agreeable from you!

    However, how can we be in contact?

  47. I am really impressed together with your writing skills and also with the layout
    to your weblog. Is this a paid subject or did you modify it your self?
    Anyway keep up the nice high quality writing, it’s uncommon to look a great blog like
    this one today..

Leave a Reply

Your email address will not be published.