BOOK REVIEW: The Total Money Makeover (Classic Edition) – Dave Ramsey

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Disclaimer: I am an unabashed Dave Ramsey Fan. I love his radio show. I watch his online broadcasts when I can. I’ve led Financial Peace University at my church twice. And I always recommend his books and class to others when the subject of MONEY comes up.

Think of The Total Money Makeover like a financial P90x or Insanity workout. With the kind of blood, sweat and tears that fitness gurus promise to anyone willing to dedicate themselves to disciplined exercise, Dave Ramsey makes the bold claims that getting financially fit with the 7 Baby Steps will get you into the best financial shape of your life! The basics include getting an emergency fund in place (Kicking Murphy Out of your life) and getting rid of all your debt using the debt snowball. Once debt is out of the picture, it’s time to invest with mutual funds (for retirement, college) and then paying off your home mortgage. The biggest baby step (and most fun) is to build wealth and give a bunch of it away!

The only negative I have is that I wish I had known about this book and FPU 20 years ago!!!! Because time matters. It seriously does. I think every high school junior needs to learn the principles in this book. I wonder what change would come about if a copy of The Total Money Makeover was required reading for every college student… and every US Senator and Congressman for that matter!

Being in my mid-30s, I’ve found that being out of debt and having control of our spending have been so empowering. We use the cash envelope system in our family and we were able to even increase our charitable giving this year.

The Total Money Makeover Classic Edition takes Dave Ramsey’s proven principles of Biblical stewardship and practical financial advice and applies them to personal economic ACTION. Where there are usually very difficult and intimidating financial terms, he distills them down into simple definitions and word pictures that even a teenager would understand. Again, I can’t imagine what it would’ve been like to have this resource in my hand 20 years ago!

Some of the best parts of this book are:

  • The true life stories of families and singles who have been transformed by the 7 Baby Steps, in their own words
  • The Myths and Truths about various financial concepts
  • The budgeting forms included in the back of the book to get started

Disclosure of Material Connection: I received this book free from the publisher through the® book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255 : “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”


2 thoughts on “BOOK REVIEW: The Total Money Makeover (Classic Edition) – Dave Ramsey

    Kara Marcellus said:
    December 2, 2013 at 4:41 pm

    Great post. I like how you related this to an Insanity or P90x workout! I have been working on baby step #2 for a few months now. I still have about 12-18 months to go. But I just got a seasonal part time job (on top of my full time office job) to assist in paying off bills. I’ve also been blogging about everything to help keep me accountable. Check it out.

      Kingdom Professionals Coaching said:
      December 2, 2013 at 5:06 pm

      Way to go Kara! You can do it! You WILL do it. Stay gazelle intense, especially through the holidays when temptation abounds to spend spend spend. Remember the prize and aim to shout your debt-free scream with Uncle Dave soon =)

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