Total Money Makeover

 

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Out of all the financial gurus out there, why listen to Dave Ramsey?  What sets Dave apart is his understanding of human nature and the emotional roadblocks that keep people from make good financial decisions.

Part of his signature advice is the “debt snowball”.  Arranging your debts from smallest to largest doesn’t necessarily make sense, except, you need the encouragement of seeing progress, of seeing a debt paid off . . . “sometimes motivation is more important than math”. This encouragement keeps you on track to meet your financial goals.

Another thing that sabotages a good plan is an emergency expense.  Planning for emergencies is a bedrock principle for success financially, according to Dave.

He suggests two ways to do this.  First is a small emergency fund.  Later, a larger fund is created in preparation for a financial tidal wave.

It takes an intensity and focus to succeed financially. Dave calls it “gazelle intensity”.

The book oozes with stories of people who have overcome significant obstacles to achieve financial freedom. These serve as an inspiration and encouragement to those in the trenches.

Dave advocates each step as the way to financial peace.  As a believer, he also testifies that the Prince of Peace is the only way to true peace.

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