Step 1 – Build a $1,000 emergency fund
Step 2 – Pay off all debt using the debt snowball
Step 3 – Save 3 to 6 months of expenses in savings
Step 4 – Invest 15% of household income into Roth IRAs and pre-tax retirement
Step 5 – College funding for children
Step 6 – Pay off home early
Step 7 – Build wealth and give