Baby Step 7: Build Wealth and Give
By the time we have all reached Baby Step 7 we will be completely debt free including no mortgage payments! What a wonderful day that will be!
Step 7 is about building wealth for the future generations of our family and giving to our church and favorite charities. Dave really stresses the importance of saving for children, allowing them financial support and help even after you are gone. We have been truly blessed with help from our families and want to make sure that we are able to do the same for Annabeth. We are blessed by the fact that we still have all four of our parents and even some of our grandparents but in case we pass early in life, we want to make sure that Annabeth will have the financial backing that she needs.
Baby Step 7 is also about giving to others. What is the point of having money if you aren't sharing it? In our minds, none. Even through the other baby steps we have chosen to give to our church and organizations that we believe in. While it is God's Will for people to be debt free ("Let no debt remain outstanding, except the continuing debt to love one another, for whoever loves others has fulfilled the law." Romans 13:8 (NIV)) it is also His Will that we would give to others. "In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: 'It is more blessed to give than to receive.' " Acts 20:35 (NIV) We live by the Bible and believe it to be entirely true. We do not believe that one can pick and choose verses and thus we believe that debt free living and radical generosity are not "suggestions" or "nice ideas" or a "goal for someday" but rather they are what God expects us to be doing.
While we have loved our journey with Dave Ramsey through his 7 Baby Steps as well as his books, our real journey is with the Lord. We strive to know Him better and to serve Him better. If you have further financial questions, Dave questions, or questions about what we believe/why we believe PLEASE leave them in the comments and we will get back with you.
Dear Readers, we are praying for you. Even without knowing your names or reasons for reading our 7 Days of Dave Series we are praying for you and for financial freedom for yourself and your family. We are also praying that each of you will grow in your walk with the Lord, realizing that all Good things come from Him. God Bless!
We are so thankful that all of you read our little blog
and we pray daily for all of you!