The Total Money Makeover: A Proven Plan for Financial Fitness | 
bailedI don't doubt that Dave Ramsey's plan works. I think if I'd read his Baby Steps first, instead of the “motivational“ pep talk at the beginning, I would have enjoyed this much more than I did. I made it through about 80 pages and decided to skip the rest in favor of his budget app (which I like!). Unless you enjoy this kind of tough-love approach, that's what I would recommend.
Full review here - https://www.goodreads.com/review/show/4191025413.
“Remember, I have been broke twice in my life, but never poor; poor is a state of mind.“
Tell us more about all that privilege, Dave. Should someone have a different experience than smart, rich, diligent Dave then they are simply “not smart people.“ His way is the only way that works and he reminds us repeatedly. I hope the tips at the end of the book are worth all this mess at the beginning.
so-soI listened to this, it was read by the author and he just has that condescending tone to him that made it difficult. But there are some takeaways.
1. $1000 savings - I have more than this in the savings account but it says to have cash - I will pull $ out soon
2. SnowBall Debt - recently paid off credit cards, so I have a car and house payment (and student loans soon). I plan to pay off the car before my student loans repayment is to start ⬇⬇
“90% of solving a problem is realizing there is one”
So, I don't budget. I feel like I am doing well financially. I have a nice nest egg for emergencies. I am only 15% done. So far.... takeaways - I don't like his voice! Also, it hasn't said anything yet that is profound.
The quote - do I have a problem? That's the big question. I really just need to understand budgeting!
The introduction says this book is not politically correct, so Ramsey's given himself permission to be offensive if he feels the need. I can't say I've seen anything that's offended me yet, but all the talk about being “financially fat“ is getting tiresome. This book was written nearly 20 years ago though, and I was weight-obsessed back then too. Hello, South Beach Diet!
“If you live like no one else, later, you can live like no one else”
so-so- some sound advice
- listened to audiobook read by author. His tone is very condescending.
- weird Christian overtones throughout?
- that chapter on college/student debt that blames students for their debt rather than a corrupt system where costs rise faster than inflation and you can no longer pay a year‘s tuition with what you earned over the summer? Ok, boomer
- seriously, stop using your plan to try to explain broader economic issues 🙄
“ A man with an experience is not at the mercy of a man with an opinion.”
Aristotle once said , “ To avoid criticism say nothing, do nothing, and be nothing.”
Like Albert Einstein said, “ Great spirits have often encountered violent opposition from weak minds .”
pickThese are, simply put, the steps that the book outlines to begin a Total Money Makeover. Seems simple right? apparently not if this guy has a job and people have made the book a bestseller! But really the book is about changing the mentality and often lifestyle that goes along with these steps. The number one thing really is to set a realistic budget for every liquid dollar that you have and make it work. Recommended for everyone!
pickTransformed my financials, can‘t recommend enough! Salvation Army haul!
pickOk so finances really is common sense, but this guy just makes you reevaluate your financial health! Run and BUY THIS BOOK!!!!! It's a must read!
Stuff I'm working on for #Litsypartofone! #financialreads #POTC
My family is going to think I'm crazy. I used to think this was crazy. But I'm doing it. I need a money makeover. I'm going to start up at least one side hustle and start tackling my student loans. Here I go!
#finances #financebooks #personalfinance #financialpeace #daveramsey #totalmoneymakeover
pickThis is a very good introduction in how to get out of debt and save for retirement. My boyfriend and I have been looking to buy our first place and have been having some difficulties understanding mortgages and retirement savings plans. This has a great plan that I'm excited to try and easy to understand explanations! If anyone has any other suggestions I'd love to hear them!
Listening to the audiobook. So far only on the first chapter. In regards to any self-help type books I usually not agree with everything an author says, but find at least some good tips. I think though sometimes people expect too much from self-help books and thank if a book isn't a miracle in their life then that it isn't any good. Hope I find some good tips and they usually make me think more inward about my thoughts, actions and feelings.
so-soThe book is good and has great tips. You have to take the tips slow to get there but it's doable. I really like how there's actual stories from people in there.
