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Total Money Makeover Financial Review

In: Business and Management

Submitted By abronson81
Words 1057
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Total Money Makeover Book Review So, you’re making payments on your car, your furniture, your house and your credit cards. In other words, you’re a typical American…and you’re in trouble. You’re behind on your payments and see no earthly way to dig your way out of your miserable pit. You need Dave Ramsey. Dave Ramsey is direct, he doesn’t sugar-coat his advice. He’ll tell you what’s smart and what’s not so smart. He won’t tell you that the road out of debt is always easy. Ramsey gives a step by step approach to getting out of debt, saving and investing for the future, but he also gives you more. People in financial trouble, such as myself, need more than a method; they need hope. Ramsey offers hope by telling you from his personal experience and the experiences of others. This book gives the wisdom you need, but additionally gives testimony after testimony of people who were in serious debt and became debt free, as I am on my way to becoming by following his advice to, deal with your denial, don’t swallow the lie that debt is a tool, start a lifetime quest to learn more about money, setting up a budget, and taking the baby steps toward financial freedom.
Deal with your denial
Before chapter one begins, Dave Ramsey explains that his book is neither sophisticated nor complicated. I found this to be true as I began reading along. Given that I was already feeling defeated about my financial situation, Dave Ramsey did very well by providing several laughing opportunities through his bold, no nonsense approach. Honestly evaluate your current financial condition. Don’t take comfort in the fact that you’re like everybody else. Most others are in perilous financial condition.
Running Head: Financial Book Review: “Total Money Makeover” 3

“Seventy percent of Americans live paycheck to paycheck” Bernard Poduska’s Ensign Article, “Debt Doesn’t Have to

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