Item description for The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey...
Overview A strategy for changing attitudes about personal finances covers such topics as getting out of debt, the dangers of cash advances, and keeping spending within income limits.
If you will live like no one else, later you can "live" like no one else.
Build up your money muscles with America's favorite finance coach.
Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There's one sure way to whip your finances into shape, and that's with "The Total Money Makeover Revised 3rd Edition"
By now, you've heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. Hey, if you're tired of the lies and sick of the false promises, then take a look at this--it's the simplest, most straight-forward game plan for completely making over your money habits. And it's based on results, not pie-in-the-sky fantasies. With "The Total Money Makeover Revised 3rd Edition, "you'll be able to: " " Design a sure-fire plan for paying off all debt--meaning cars, houses, everything Recognize the 10 most dangerous money myths (these will kill you) Secure a big, fat nest egg for emergencies and retirement
Where "Financial Peace" gave you the solid saving and investing principles, this book puts those principles into practice. You'll be exercising your financial strength every day and quickly freeing yourself of worry, stress, and debt--and that's a beautiful feeling.
"The Total Money Makeover Revised 3rd Edition"--complete with additional material and new personal success stories--is the one financial workout that guarantees "everything will work out."
Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at promiseangels.com!
Studio: Thomas Nelson
Est. Packaging Dimensions: Length: 9.6" Width: 7.5" Height: 1" Weight: 1.74 lbs.
Release Date Dec 1, 2009
Publisher Thomas Nelson
ISBN 159555078X ISBN13 9781595550781
Availability 0 units.
More About Dave Ramsey
I have an unusual way of looking at the world. My wife, Sharon, says I'm weird and truthfully—I am weird. But there's a reason. Starting from nothing, by the time I was 26 I had a net worth of a little over a million dollars. I was making $250,000 a year—that's more than $20,000 a month net taxable income. I was really having fun. But 98% truth is a lie, and that 2% can cause big problems, especially with $4 million in real estate. I had a lot of debt—a lot of short-term debt—and I'm the idiot who signed up for the trip.
The short version of the story is that debt caused us, over the course of two and a half years of fighting it, to lose everything. We didn't tell anyone what was going on, but if we had to do it again, we would learn from the wisdom of others who have been through it. We soon learned that we were not the only ones at the bottom. Barbie and Ken (you know, the couple who appear to be perfect—perfect clothes, perfect car, perfect house) are broke, and I don't take financial advice from broke people anymore.
After losing everything, I went on a quest to find out how money really works, how I could get control of it and how I could have confidence in handling it. I read everything I could get my hands on. I interviewed older rich people, people who made money and kept it. That quest led me to a really, really uncomfortable place: my mirror. I came to realize that my money problems, worries and shortages largely began and ended with the person in my mirror. I also realized that if I could learn to manage the character I shaved with every morning, I would win with money.
I went back to my first love, real estate, to eat and to get out of debt. Along the way, I began another path—the path of helping others, literally millions of others, take the same quest to the mirror.
I formed The Lampo Group in 1992 to counsel folks hurting from the results of financial stress. I’ve paid the "stupid tax" (mistakes with dollar signs on the end) so hopefully some of you won't have to. I wrote the book, Financial Peace, based on all that Sharon and I had learned, and I began selling it out of my car. With a friend of mine, I started a local radio call-in show called The Money Game, now nationally syndicated as The Dave Ramsey Show.
Our company history is full of landmarks leading up to the release of our third best-selling book in 2003—The Total Money Makeover—and we're not slowing down. The Lampo Group now has more than 300 team members and a variety of products and services to help you reach your financial goals.
Dave Ramsey currently resides in Brentwood, in the state of Tennessee.
Dave Ramsey has published or released items in the following series...
Reviews - What do customers think about Total Money Makeover (3rd Edition)?
Your grandmother's advice May 22, 2010
Dave has made quite a name for himself dishing out what used to be known as good old common sense, up until about 20 years ago when suddenly everyone and their dog was supposed to have a credit card, designer clothing and a new house, and the American economy depended on that. He spends most of the first half of the book "ranting" and busting myths, and I was nodding at pretty much everything: don't lend money to friends or relatives (either give money or just say no), buy used cars and run them into the ground, and stay out of debt as much as you can, especially credit card debt and home equity loans. Basically, if you can't afford it, don't buy it! That's what I was brought up on but I guess most people have to read it in a book to believe it.
The rest of the book outlines a plan of attacking one's debt, by first lining up an emergency fund of $1000, then doing a "debt snowball" (listing your debts and paying off the smallest ones first), then building your retirement fund, paying off your house and investing all the fabulous wealth you hopefully now have. For people who have no idea where to get started, it's a series of "baby steps" that makes the task much less dreadful. Dave includes a lot of success stories and worksheets and is very down-to-earth and easy to read. Like many diet/exercise "makeover" books, this is stuff you pretty much already know, but a lot of folks need it repeated and reinforced.
For the Financially Inept May 21, 2010
I've never heard Dave Ramsey on the radio, or read any of his books, but I have heard great things about him, so decided to check his book out.
This may be a good book for people who have dug themselves into a financial hole. I do disagree with Mr. Ramsey on several points: the 401(k) issue (not contributing up to the matching portion till debt is paid off), his stance on never using credit cards (we pay in full every month and get about $1000 back every year on our annual fee-free, cash back cards), and on only going to college if you can pay cash up front. (I am a stay-at-home, homeschooling mom who plans to go back to work as an empty-nester to help pay off college loans. If we were to save enough now, our standard of living would be very significantly below our current middle-class lifestyle, or I would have to go back to work). These are the ones that come immediately to mind. A friend also mentioned his apparent opinion that one should never use anything but a full-service realtor to sell one's home, and having sold two myself with a flat-fee broker, I most heartily disagree. I believe the statistics he cited are completely misleading, and lead me to look with a skeptical eye other financial advice he may give.
The people I know who love Dave Ramsey fall into two categories: 1) The financially clueless who have dug themselves into a hole and need the knowledge and a huge kick in the rear to get themselves out, and 2) The financially savvy and extremely thrifty who are willing to live substantially below their means, usually at significant personal sacrifice, in order to pay down their mortgages early, etc. If you do not fall into either of those categories, you may be happier with Suze Orman.
Just as most of us would balk at losing weight the way they do on the program "The Biggest Loser," most of us would balk at following Mr. Ramsey's financial advice. It's okay for taking what you want out of it, but there are better, more practical books out there for the average person seeking financial advice.
Absolutely a must have! May 18, 2010
The total money makeover will change your life if you let it. His principles are basic; live on less than you make. He spends most of the book trying to stress the importance of behavior modification. We all know that we should do it..spend less...but how do we actually get ourselves to do it. If you put math aside and abide by the principles, this will be life changing. I was able to pay off $65,000 of debt using his system over a 15 month period! I guess I never realized I had a problem until somebody pointed out that fact. Turns out I was excellent at making dollars but not real good at keeping them. I think the key to the entire novel is the ability to focus on one thing and kill it. So many of us, including me, were trying to save, pay down debt, put money in 401k and save for college educations. It is the ability to focus on one thing and get a win that makes his message so powerful. I have a CPA license, graduated top of my class, and spent 10 years in public accounting but apparantly lacked the common sense wisdom that he provided. I was so busy trying to use the power of leverage to get wealthy that I didn't see truth behind what was happening. If you allow it, this will transform the way you look at dollars and the ability you have to become wealthy in the future. I do believe that it isn't a goal if you don't write it down; he makes you write it down and implement it. Absolutely outstanding....
Total Money Makeover May 13, 2010
This book will give you advice on how to get out of debt and live a life of financial freedom. It's changed a lot of lives! I highly recommend it. We give it for gifts on holidays & graduations.
practical, helpful May 13, 2010
Offers a practical financial plan, easy to follow... makes sense...I got it for my kids and they are actually reading it and trying to follow the plan.