Rockin' Life With Colleen Crain

  We’re talking Baby Steps to Financial Freedom with the Help of my Friend Chris Rosendahl, Financial Coach. The steps to financial freedom that we are going to discuss are designed for anyone. It’s possible for a person with an average income to achieve financial freedom and it can be done using baby steps. People who have been in dire financial circumstances have used them successfully. You may remember my interview the Iron Jen and how she and her family conquered over 200,000 in debt in 4 years while experiencing job loss, surgeries, serious illness and an unexpected new baby.  Jen and her family used these very steps. Chris Rosendahl of Rosendahl Financial Coaching generously shares an overview of the baby steps that have worked for countless people. Step 1 Pull together $1000.00 and put it in the bank for emergencies – emergencies only Step 2 Cut up the credit cards and pay off all debt using a debt snowball. Step 3 Expand your emergency fund to cover 3 to 6 months of expense