Dave's plan

[Russ]

Is it possible to learn enough about Dave's plan on the internet, through forums, or any other media to effectively follow his plan without paying for his program?

[Holly]

I have his Total Money Makeover Book.
We are going by that.
It is working out very well

[MTS04]

I didn't pay for his program. I borrowed the book from a library, read the book and applied the principles.

I did, however, buy the envelopes. That helped.

[Michelle]

I think there's enough info online where you could do the program, but the book offers more inspiration, testimonials, examples. I borrowed the book from the library, and it's working out just fine.

HTH

[TheRootedNomad]

The answer is yes! Most areas have him broadcasting on a local am radio station and the library or a used bookstore is a great place to find a copy of The Total Money Makeover. This is the main drive of his program.

[Mom23boys]

He also has a talk show on FOX News Network. I enjoy listening to what he has to say.

I purchased the TMM and just apply the principles he teaches in the book.

[Michelle]

You may even be able to get a used copy on Ebay, half.com, or Amazon.

[dancar3]

I second this.....um I mean, I 6th this! You can definitely find the info you need w/o subscribing, this is what I've been doing. I first started coming here, and then I would read his message boards on his website (free to read, you just can't post), and then there is a website based upon his teachings that is free for anyone to join, and then of course his books. I love TMMO! I have gotten this out of the library twice so far only because I enjoy the thrill it gives me knowing we're on the right path and that we can do this too.

[Greebo]

The plan is extremely simple, and yes, you can find it online w/o paying for it. He puts it out on his radio show and on his TV show pretty often.

But in a nutshell it is this:

Step 0.1 - STOP ACCUMULATING DEBT
Step 0.2 - MAKE A BUDGET
Step 0.3 - SELL STUFF - sell so much stuff your kids think they're next. Owe lots on your cars/trucks? Sell em. Got too much house? Sell it. Etc. Get extra jobs too if you need to.

--- First 3 steps, do 1, and only one, at a time, in order.
Step 1 - Save $1000 in a baby emergency fund as fast as you can.
Step 2 - Debt Snowball. Pay MINIMUM PAYMENTS on all debts *except* your cheapest. Put everything you can on the smallest debt. Ignore the % math, use $ amounts. Kill it, FAST. Once its dead, take the minimum payment + the extra from the dead small debt, and apply it to the next smallest debt. Every time you kill a debt, the snowball gets bigger by the size of the minimum payment for the next debt. Keep this up until all debt is gone EXCEPT the house.
Step 3: Build up a fully funded emergency fund FFEF of 3-6 months worth of EXPENSES. (What you live on, not what you earn).

---- Now steps 4, 5 and 6 happen simultaneously.
Step 4: 15% to retirement (or more if you can)
Step 5: College savings for kids
Step 6: Pay off house early

---- And finally
Step 7: Build wealth and give.

There you go - the baby steps.

[blitzen]

He also has a talk show on FOX News Network. I enjoy listening to what he has to say.

I purchased the TMM and just apply the principles he teaches in the book.

Just to clarify--it's on Fox Business Channel, not their news channel.

[DebtFreedomFighter]

I'd say the books are great - the classes kind of go more into detail.
I found the classes helped me most on the topics of "Understanding Insurance" and "Understanding Investments." The rest either didn't pertain to me or I had a grip of already because of the books.

You can go to Dave's site and download the lesson's MP3 separately if you didn't want to do the whole FPU. A suggestion, after reading the books - if you thought you might need more in depth info about something go download one of the lessons.

[dancar3]

I wanted to add to my earlier post, but it was too late, that I agree with the others that have mentioned about listening to him.....I can't believe I left that out! That is where I get so much inspiration to keep doing this program and how I can't wait for the day to yell, "we're debt freeeee!" Dish Network unfortunately doesn't have Dave, we have Suze (funny but I don't believe in many of her principles) so I sometimes listen to him either in the car (his show is on 3 hours daily) or on my computer by visiting his website. Even the kids are getting to know him really good now!

[jolenegreen2]

The plan is extremely simple, and yes, you can find it online w/o paying for it. He puts it out on his radio show and on his TV show pretty often.

But in a nutshell it is this:

Step 0.1 - STOP ACCUMULATING DEBT
Step 0.2 - MAKE A BUDGET
Step 0.3 - SELL STUFF - sell so much stuff your kids think they're next. Owe lots on your cars/trucks? Sell em. Got too much house? Sell it. Etc. Get extra jobs too if you need to.

--- First 3 steps, do 1, and only one, at a time, in order.
Step 1 - Save $1000 in a baby emergency fund as fast as you can.
Step 2 - Debt Snowball. Pay MINIMUM PAYMENTS on all debts *except* your cheapest. Put everything you can on the smallest debt. Ignore the % math, use $ amounts. Kill it, FAST. Once its dead, take the minimum payment + the extra from the dead small debt, and apply it to the next smallest debt. Every time you kill a debt, the snowball gets bigger by the size of the minimum payment for the next debt. Keep this up until all debt is gone EXCEPT the house.
Step 3: Build up a fully funded emergency fund FFEF of 3-6 months worth of EXPENSES. (What you live on, not what you earn).

---- Now steps 4, 5 and 6 happen simultaneously.
Step 4: 15% to retirement (or more if you can)
Step 5: College savings for kids
Step 6: Pay off house early

---- And finally
Step 7: Build wealth and give.

There you go - the baby steps.

Gosh! This sounds sooo hard to do, it seems like it would take FOREVER!

[Greebo]

Gosh! This sounds sooo hard to do, it seems like it would take FOREVER!

You have to remember, when you're in a bad financial situation, it probably didn't happen over night. Fixing your finances won't happen overnight either.

On average, DR has indicated that people who follow his plan are paying off their non house debt in 2 years and paying off the house in about 8 years.

Is that a long time? Sure.

But if you don't get control of your spending, start living on less than you make (and that includes not having car payments!), and making your money work for you instead of run free like the wind, then you face a much longer alternative: a lifetime of money worries and probably divorce, so a lifetime without the spouse of your dreams. Remember, today, 70% of households are living paycheck to paycheck, and money problems are the most frequently listed MAJOR contributor to our > 50% divorce rate.

So your choice is a long time fixing your mess, or a much longer time living with it.

[BlessedMomof2]

The plan is extremely simple, and yes, you can find it online w/o paying for it. He puts it out on his radio show and on his TV show pretty often.

But in a nutshell it is this:

Step 0.1 - STOP ACCUMULATING DEBT
Step 0.2 - MAKE A BUDGET
Step 0.3 - SELL STUFF - sell so much stuff your kids think they're next. Owe lots on your cars/trucks? Sell em. Got too much house? Sell it. Etc. Get extra jobs too if you need to.

--- First 3 steps, do 1, and only one, at a time, in order.
Step 1 - Save $1000 in a baby emergency fund as fast as you can.
Step 2 - Debt Snowball. Pay MINIMUM PAYMENTS on all debts *except* your cheapest. Put everything you can on the smallest debt. Ignore the % math, use $ amounts. Kill it, FAST. Once its dead, take the minimum payment + the extra from the dead small debt, and apply it to the next smallest debt. Every time you kill a debt, the snowball gets bigger by the size of the minimum payment for the next debt. Keep this up until all debt is gone EXCEPT the house.
Step 3: Build up a fully funded emergency fund FFEF of 3-6 months worth of EXPENSES. (What you live on, not what you earn).

---- Now steps 4, 5 and 6 happen simultaneously.
Step 4: 15% to retirement (or more if you can)
Step 5: College savings for kids
Step 6: Pay off house early

---- And finally
Step 7: Build wealth and give.

There you go - the baby steps.

Thanks Greebo!!
I'm have been looking for the book at my library for 2 weeks now, but your baby steps will help me out until I'm able to get the book.