Dave Ramsey's Total Money Makeover??

**handmerounds** · 06-07-2005, 12:17 PM

Hi, I have been hearing so much about this guy on FV, so while at college last night I headed to the library to look for his book. Well, I found it!! I stayed up half the night reading it. I found that a lot of his ideas really hit home. I liked the idea of having $1000 in an emergency fund and then snowballing debt from smallest to largest. Thanks to FV, I have over $1000 in my savings account just since the last of April. So I have a head start on his plan. We started paying ourselves first every week.

I would love to hear from anyone else who used his methods?

**handmerounds** · 06-07-2005, 12:19 PM

I also love his motto, "If You Live Like No One Else, Later You Can Live Like No One Else."

**Emerald_Mommy** · 06-07-2005, 12:34 PM

We (dh & I) were basically raised on Dave Ramsey

We follow his ideas most of the time. Especially important for us are the written monthly budget and no credit cards. We're trying to build a 3 month emergency fund & pay off our morgage early. We do not have a large income so the principles he teaches really help. Glad to meet another 'follower'!

**Hollyhandi** · 06-07-2005, 12:35 PM

Doesn't he have a web site also.
Anyone have the link?
I need to get his books from the library?

**homesteadmamma** · 06-07-2005, 12:39 PM

Here is his website which is not free http://www.daveramsey.com/

You can get his book at any local library I would think for free.

Anyone who follows his principles will do okay. He is excellant.

**handmerounds** · 06-07-2005, 12:45 PM

I am excited to think that we are getting out of debt at this point in our lives and will be able to teach our children so hopefully they won't make the same mistakes we have. I am going to be a teacher also, so I will try to incorporate some good financial lessons to all my students. It is SO Important!!

**Kimberlina** · 06-07-2005, 01:06 PM

While the total money makeover part of his website isn't free, there are fre tools, and even better, you can listen to his show for free- he pays for the streamlink.

**Mom23boys** · 06-07-2005, 01:10 PM

I had heard alot about him too lately so I went to the library to check out his book which was already checked out.

I hope i get it next time I come in. Instead I checked out 2 of his other books to start me on the Dave Ramsey kick.

**mom2matty** · 06-07-2005, 10:21 PM

We are new to Dave Ramsey.......have the book that dh and I are both reading and I love to listen to him on the radio M-F!!

**rebecca** · 06-08-2005, 04:36 AM

I have been following Dave Ramsey for about a yearin-a-half. Follow most of his plan but I did continue to put in my 401(b). Started late in life with investing so I refuse to wait for the first couple of steps before I start a 401 (b). I just wish I would of found this book earlier. I love him and his advice is very sound. I also agree with his motto. I guess my biggest fear if that I don't save for my future I could end up eating Alpo dog food. Those who are reading Total Money Makeover know what I'm talking about.

**daddys3chicks** · 06-08-2005, 07:43 AM

I had the book checked out, but didn't get to finish it. I couldn't renew it because someone else had it one hold. Maybe I need to get my own copy!

**Hollyhandi** · 06-08-2005, 10:58 AM

I will check out the library and if its not there They have the paperback version at Barnes and Noble for $12.59.
I'll get it first of the month.
Thanks for the link CJ

**homesteadmamma** · 06-08-2005, 11:45 AM

I think anyone in debt should read his book and listen to him on the radio (if you can). You might not follow all his steps, however he has such good stuff you just can't go wrong.

**handmerounds** · 06-08-2005, 01:52 PM

I listened to his show for the first time yesterday. It was neat. I feel like I have been let into a whole new way of thinking. I had been reading about the snowball method for a while, but it clicked when I read his book. I am also reading financial peace. I have always been confused about investing. But he simplifies things very well.

I have a question for you? We have a total of $8000 in credit card debt on 3 seperate cards. Do you think it would be best to keep them seperate and pay smallest to largest on them or I could transfer them to one card (at 0% until Sept '06) and just put every extra penny on it. We could have it paid off in less than a year. I was just thinking it might feel good to only have one to focus on.