This is exactly right! Financial literacy is something that is so sorely needed and not taught in (US) schools widely. I think it would be cool to highlight “different schools” or approaches - Dave Ramsey / Envelopes / YNAB and whatever else has worked for people to gain traction and get ahead of the paycheck to paycheck cycle. Then some beginner investment strategies for those that have had some success getting out of debt.
Just my two cents.
This was a great post.
The snowball method worked for me and my family. We were over 30 years old with good paychecks and jobs, but still somehow living paycheck to paycheck. Nothing ever got saved, we owed on two cars, school loan, and a bunch of unsecured credit card debt.
Snowballed worked for us. Something about getting aggressive and paying one all the way off - that feeling of winning - got exciting. So it was easier to go after the next one, and the one after that.
Pretty soon, we were out of debt and started to slowly build our nest egg.
I’m not a church kind of guy, but Dave Ramsey’s financial peace university was worth every penny. Just ignore the preachiness if that’s not your think.