Where Financial Peace gave you the solid saving and investing principles, this book puts those principles into practice. You'll be exercising your financial strength every day and quickly freeing yourself of worry, stress, and debt. And that's a beautiful feeling.
©2003 Dave Ramsey; (P)2003 Thomas Nelson Publishers
"The strength of this book is that it is a straightforward motivational tool. He provides the brutally direct truth about the hard work it takes to become free of debt, and his directness is a great part of the book's charm." (Publishers Weekly)
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Great book! He gives you clear instructions on how to get out of debt. Good motivation for people who don't know where to start. Well worth the credit!
this book is really targeted at people with lots of debt and financial problems. Although there are some good tips for everyone, the main focus is on how to get out of debt.
The narration/reading of this book made me wonder if it was written in all capitals and italics. While I appreciated the information/ideas shared by the author, I didn't appreciate him yelling at me. I understand he's trying to motivate, but the intensity of his voice was just too much.
This is one of the best audiobooks I have listened to so far. The money management strategies are valuable for anyone, whether or not they consider themselves to already have a solid grip on financial management. There is something for everyone.
Dave Ramsey's narration is compelling. The way in which he conveys this book, which might be considered a dry topic to listen to, is dynamic and engaging.
It has been less than a week sense my wife and I have listed to Dave's book and it has already changed our lives and how we look at our finances forever. Within these few days we have paid off almost $3,000 in debt with money that was "just laying around the house". We had no idea how good it would feel to break free from being a prisoner to some of that debt that we have been paying on for years. It is so liberating to finally take charge of our money and actually have a plan. We have listened and read many financial books in the past but NOTHING and I mean NOTHING has gotten us this excited. It has actually given us more hope than we have ever had about changing our financial future. My wife and I have even grown closer because we are working on our finances together as a team for the first time. Every day we get more and more fired up about "The Total Money Makeover". We will never look at money and debt the same way again. If you are reading this review trying to decide if you should buy this book, DO IT AND DON'T WAIT! This book is worth every penny and then some. If you are ready to take control of your life and ?live like no one else? get started right now.
Mr. Ramsey makes quite a bold statement when he says you should invest in a 12% "Growth Stock" Mutual Fund rather then take the 7% Prepay option (when it comes to financing college). He fails to inform the listener about 2 threats to your investment. In first line, a Mutual Fund comes with a range of various expenses that will dramatically impact your real rate of return, referred to as the Expense Ratio. Second, there is absolutely no guaruantee that you will receive 12% in any given year, not to mention, 4 years in a row (average college duration)! If you are already stuggling financially, pick the guaranteed 7% saved by paying for college in advance.
Overall the audible is decent; focuses on the -mentality- of money management but lacks the -technical/factual information- needed for effective longer term plans.
I bought the book on audible in the hope to learn gain some insight on financial intelligence. The content was at all helpful nor informative. Dave Ramsey has the most agitating narrating style.
I apologize for being so upfront but this book is totally 'not worth it'! for those who are looking to learn something meaningful.
Aside from the seemingly random outbursts of yelling, Mr. Ramsey does a fine job of explaining basic budgeting and debt management. If you know how to do both of those things already, don't read this.
Not unless he employs a reader
Someone with less harsh tone
Book seemed pretty commonsense.
The kick up the arse I've needed for a while! Bit to Christian orientated but all round very sound advice!
This is a very informative book about how to live on your income so that you can save money to invest. This investment will then support you in the future so you no longer have to work. He talks about investing your money in stocks to get 12% return. I don't know if this is possible. However his advice is still good. Living within your means and investing the saving for a better future.
"Lots of practical advise and inspiration"
Dave presents his 7-step approach to money management and wealth creation. Very plain speaking with relevant case studies and experience. Dave's narration is passionate and heart felt, which I enjoyed and persuaded me to act on his advice. Well worth a listen.
really good content. so helpfull.
only thing id say, is the constant God references kind of discredits it as a factual book. should have left his views out.
"not for international readers"
Intended for USA residents only. I didn't enjoy the narration either although I could guess that from the sample. I never finished it...
"Really engaging and it makes so much sense!"
I would definitely recommend this book to a friend because I think this book teaches us something about money which todays society doesn't. We don't need to live pay check to pay check and if this book can help me, then why wouldn't I want to help my friends too?
I really liked the simplicity of this book. Everything Dave talks about just makes sense. His approach to finance and budgeting your money allows you to take control of your money, not your money controlling you.
I don't necessarily think this book should be a film. It works well as a book, and I know that they have an adapted version called Financial Peace University for visual effect.
I really recommend this book to anyone who wants to feel like they have more control over their money. Even if just get you thinking, this book will transform your life.
"Had to give up listening"
I would imagine it would be as very interesting and helpful subject but I haven't read it so can't compare, the audio version is unbearable due to the shouting and terrible dialogue.
I haven't and will steer clear
Performance was awful, shouting, talked to the listener as if an idiot. Generally came across like he was preaching and forcing something down my throat.
It would have to all be in massive letters with lots and lots of explanation marks !!!!!!!!
Be worth publishing this with a different reader as I think it would have been really good but I just couldn't continue listening.
"Some good advice"
Some very good advice but with a condescending tone which is probably what some us need to get our finances in order. The author seems to be anti OPM which some may think is important for wealth building.
"Good Sound System...."
...but Dave Ramsey's narration i found annoying. It's all well and good that he performed in such a way as to make the listener feel like he was talking to one personally, but given the choice I'd rather he just read the text up without the drama...
Whatever the case, I would definitely recommend to anyone needing a good sound financial system....
"A Common Sense Approach to Handling Money."
I've listened to this book a few times now and Dave is clearly passionate about teaching others that it is possible to live a debt free life. I used to think that I was quite good with my money (not that I had much) but this tough, common sense guide revealed to me that I could have done so much better. Although, no longer in my youth Dave also makes it clear that it's not too late to start.
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