Dave Ramsey's books

[arkienurse]

I haven't read any of his books, but I have read comments about them. I got the impression that he was, how shall I say, "anti-filing-for bankruptcy, shame on you" type of thing. Is this true?

Would these books be of any help to those of us who are already/have already filed for bankruptcy?

Laura

If you want tips on ways to avoid finding yourself back in the same boat again in a few years, I think you would find his books helpful. I recommend either Financial PeaceRevisited or The Total Money Makeover.

And he is having a 10 dollar sale through July 8th, so if you are interested go check out his site.

[Footprints1973]

I haven't read any of his books, but I have read comments about them. I got the impression that he was, how shall I say, "anti-filing-for bankruptcy, shame on you" type of thing. Is this true?

Would these books be of any help to those of us who are already/have already filed for bankruptcy?

[goingout]

I can't comment a lot because I've only read part of the first chapter. I think what advice like this is getting at is that many of us have things we pay for that we may not really need. I think it's about taking a hard look at your spending, breaking it down, and asking yourself what do I really need and what can I live without just fine. For instance, I have realized that I am paying for the most expensive phone service and I rarely use the phone. I really don't need the answering service and the caller id either, especially since I also have a cell phone.

I have found, since I have really had to work at getting my costs down, that there is a lot of fat in my budget that I really hadn't realized before. All those 5 dollar little expenses can add up.

[bal_ny]

He was talking about the high price of gas and that all you had to do to accomodate it was to cut out your lattes, bottled water etc. He basically said you can figure out how to pay for the gas and you'll be fine....he even sited the barrel prices of lattes and bottled water. We just all need to adjust.

I really hate advice like this. What about those of us who've never been to a Starbucks and think the water in our wells is just fine and dandy? It seems like every time there's an article about saving money, it recommends cutting out stuff I've never bought in the first place. Not a whole lot of help.

[epiphany]

I had never heard of Dave Ramsey before I came to this board and haven't paid much attention to the posts about him. I saw him on a news commentary for the first time yesterday and thought he was only telling half truths. He was talking about the high price of gas and that all you had to do to accomodate it was to cut out your lattes, bottled water etc. He basically said you can figure out how to pay for the gas and you'll be fine....he even sited the barrel prices of lattes and bottled water. We just all need to adjust.

He never even mentioned, and neither did the interviewer, that the cost of everything was going up because of the gas hikes or suggested a way to deal with that.


I know absolutely nothing about him, but it made me wonder whose pocket pal he is 'cause he definitely seemed to be sniffing some lint.

ep

[goingout]

I got "Total Money Makeover". It looks like exactly what I was looking for. I think I already know what to do. It's putting the good advice and plans, or common sense, into action that we need help with.

[arkienurse]

If you wish to have your own copy, Dave often runs specials on his website, especially around holidays(labor day, thanksgiving, etc) where you can get any book on his website for $10. I took advantage last labor day, and bought my own copy of Total Money Makover, as well as copies for each of my 3 grown kids, gave them as Christmas presents.

[ThreadsSnapping]

I would start reading with Financial Peace and then read Total Money Makeover. Financial Peace is the big picture book and Total Money Makeover is the "how to" book.

If your not sure which one you want to buy, you can check them out of the library. It will give you a chance to see if you like the books before spending any money.

TS

[sunshine mary]

I've read the total money makeover and thought it was really good..it is a plan for saving and having $$ in the bank and $$ for retirement ! I liked it.

[goingout]

I've heard his books mentioned on a few web sites and so I am reading the reviews on amazon. I'm not sure which book is going to be most appropriate for our situation. I'm looking at his "Total Money Makeover" book and "Finacial Peace". From the reviews they both look like they'd be helpful. Any thoughts or recommendations? I really want DH to read and learn to change the habits that have gotten us into this bk mess.