Tuesday, 21 February 2012

The Total Money Makeover by Dave Ramsey - A Review

"I had too much debt, too little savings, and no sense of control over my life." -Dave Ramsey
And then he put into practice the principles taught within The Total Money Makeover. Fact is, Dave has a lot of credibility because he's been there! I would venture to say that all of us (at one point or another in our lives) have made a similar statement. So feel comfortable about reading this one; you'll be able to relate.
Myth: I don't have time to work on a budget, retirement plan, or estate plan.
Truth: You don't have time not to.
Dave's book is replete with these small myth-busters that outline the content of his pages. Just like anything else in life, there is fact and fiction in finances. Many of us are raised on certain financial fictions that cause bad habits in adulthood to steal away our freedom to choose and live. Dave looks to stomp out the myths ans show the pathway to financial safety.
Covered within The Total Money Makeover is budgeting, retirement planning, frugal-living, insurance help, saving advice, car buying help, and a number of financial topics that work to educate and change the way we live.
Coming from an a christian man with real christian morals, I find safety in what he teaches. We can't trust our loan officer when they "approve" us for more than we can afford; nor can we trust our car salesman, claiming that a good lease on a car is going to be the "best thing" for us. But after having read Dave's practical financial advice, our family has changed our financial behavior. And subsequently, we've changed our lives.
Myth: What your parents taught you about finance is all you need.
Truth: The principles in Dave Ramsey's The Total Money Makeover will change your life and give you what you need to know to survive financially.
Trever Shipp, the author, works as an online business consultant, student, husband, and business owner. Follow his personal finance blog and see how he and his family take finances by the horns and steer them to success.

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