confession time - sooo embarassed

[i.m.cheap]

You can check out "Total Money Makeover" (Dave Ramsey) at your library. If the don't have it, ask them to do an interlibrary loan. I bought my hardcover (like new) copy at the Goodwill for 99 cents!

[Denvergirlie]

Denvergirlie - I've heard a lot about Dave Ramsey. Is there a way to find out about his program without spending money (without buying his books, etc.)?

Dave Ramsey has a babysteps approach to climbing out of debt and planning for your future. TMMO (Total Money MakeOver) is a great book to read, definately get it from the library. You can also listen to him on the radio http://www.daveramsey.com/radio/home...strMode=listen
He also now has a show on Fox business channel. http://www.daveramsey.com/etc/cms/da...ork_7703.htmlc

His approach is basic and easy to follow. Get current opn bills, save a small emergency fund so you don't use credit again for a emergency, pay your bills and snowball the payments, etc, etc.


Dave Ramsey - Baby Steps

0 -- Get current on bills
1 -- $1,000 to start an Emergency Fund
2 -- Pay off all debt using the Debt Snowball
3 -- Three to six months of expenses in savings
3.5 -- Save for downpayment if you do not own a house but want to
4 -- Invest 15 percent of household income into Roth IRAs and pre-tax retirement
5 -- College funding for children
6 -- Pay off home early
7 -- Build wealth and give! --- Invest in mutual funds and real estate


Good luck!

[Tater]

Thanks!! I'll check the library this week.

After reading the "worst financial situation" stories, I feel inspried! If you gals can make it through some of those horrible situations, I can certainly pay off my dang credit cards!! I just saw dh and I heading for that downward spiral and wanted to stop before we got into really big trouble with our debt. I'm tired of my stomach hurting every time I sit down to pay the bills, wondering if we're going to have enough money.

[sdrjeolsen]

You can do it, you just took the hardest step and admitted and faced the problem. You have your frugal ways to fall back on. keep plugging away at it, we are here to cheer you on!