11 Students Graduate from Financial Peace Seminar

First Ponca Financial is proud to announce the graduation of 11 students from Dave Ramsey’s Financial Peace seminar held at the Ponca Tribe of Nebraska, Lincoln location.

Here is a quick summary of the Dave Ramsey Financial Peace seminar:

Building a new future with money is a lot like building a home. You don’t add the roof until you’ve finished framing, and you don’t frame until the foundation is secure. Dave Ramsey’s Baby Steps are designed to help you out of debt and stress and into a life of saving and giving.

We’re all in different places with money. Start right where you are and get where you want to be. Know-how is 20% of the equation. Behavior change and self-discipline make up the other 80%. You can do it! Just follow the steps.

Here’s The Process:

  1. $1,000 to Start an Emergency Fund – The emergency fund is for those unexpected events in life you can’t plan for.
  2. Pay Off All Debt but the House – Pay off all debt starting with the smallest.
  3. 3 to 6 Months of Expenses in Savings – Sit down and calculate how much you need to live on for 3–6 months.
  4. Invest 15% of Household Income Into Retirement – Now it’s time to get serious about retirement.
  5. College Funding for Children – College tuition and housing expenses continue to rise. Don’t let college sneak up on you.
  6. Pay Off Home Early – It takes the average family five to seven years to pay their home off early. Just imagine life with no mortgage.
  7. Build Wealth and Give – It’s time to live and give like no one else!


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