A new number 2 has made his case. Mexican moolah magnate Carlos Slim has taken over the second spot on the Forbes Magazine list of the richest people in this crazy world. It cracks me up and makes me cry when I see people competing for the top spot with the dough. That doesn't happen with the Forbes Magazine list, but it happens in every town in America.

If Mr. Jones down the street gets a new toy, don't go out and finance something bigger and badder. Trying to do your neighbors one better like that is a surefire way to keep yourself broke. Be happy with what you have. The best things in life really are free.

After you've walked through your Baby Steps, you'll be at the point where you can spend, invest and give. Dave talks about doing all three on The Dave Ramsey Show. So, get on a monthly budget, get out of debt, have an emergency fund and save for retirement and college. Then comes the good part. Have fun? Have at it. Keep investing? Keep at it. But give it away, give it away, give it away now.