No matter your financial situation this book will help you improve your finances. This book shows the dangers of all debt period. Dave provides 7 easy "Baby Steps" to follow to get out of debt and acquire wealth. Following his 7 baby steps will change your family tree. He stresses the importance of having a written budget each month before the month starts, but I really thing this should have been the first baby step due to how important it is. Baby Steps: 1.) ...emergency fund 2.) Debt Snowball 3.) Fully Funded Emergency Fund (3-6 months of expenses) 4.) 15% income towards retirement 5.) College Fund for children 6.) Pay off the mortgage 7.) Acquire wealth and give I would highly recommend one of his live events if you ever get the opportunity.
THANK YOU MR. RAMSEY ! ! !
Absolutely life changing. Rich or poor, you have to read this and apply it to your life. I read Financial Peace Revisited in one day; simply could not put it down. Only months after listening to his radio show I have dumped over $14,000 in debt, have set up an emergency fund, and I'm well on my way to being debt free (other than my home)in a matter of months. Not a lot of people can have this type of effect on you, and after reading this book, you will have a different outlook on every dollar that passes through your hands. I really cannot recommend this book enough and I only wish I could have read it 10 years ago after receiving my first paycheck.
If you apply it....it will work!
I bought this book because my Sister said that it would change my financial life! She was right! The book is so easy to understand and the "Grandma style" of saving money still works today no matter how much money you make! I recommend this book for everyone! It will save your life, you just have to apply the practices and you will gain Financial peace and the satisfaction of paying off all of your debt...not gaining it!
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