Friday, January 19, 2007

Book Review: The Total Money Makeover

When I finished this book, I thought "this is doable". Dave Ramsey lays out his plan for achieving financial success in his very popular book, "The Total Money Makeover."

For those of you like me who began your education after finishing public school, you'll like Dave's approach to money management. It's straight forward, clear, and achievable. It's not easy, but achievable.

So if you're looking for help in the area of money management, or just enjoy learning about the whole area of finances, go ahead and pick this book up.

Dave's 'baby steps' as he calls them to achieving financial victory are as follows:
  1. Save $1,000 fast.
  2. The debt snowball.
  3. Finish the emergency fund.
  4. Maximize retirement investing.
  5. College funding.
  6. Pay off the home mortgage.
  7. Build wealth like crazy.
  8. Live like no one else.
As husbands who are responsible for our homes, we should see that our financial lives are in good order. Though you may delegate the job of handling the money to your wife, you can never relegate that job to her. As the covenant head of your home you remain responsible for the financial condition of your home. So educate yourself in this area, you won't regret it.

To order this book of Dave's website click here.

If you've read this book post a comment and let us know what you thought of it!