Summary: The Total Money Makeover; A Proven Plan for Financial Fitness by Dave Ramsey
The Total Money Makeover; A Proven Plan for Financial Fitness by Dave Ramsey pdf free download is a finance-based book. Dave Ramsey, a famous American finance coach. If you want to changes your irregular cash to a well-defined budget and your little bank cash into a cash machine, then read this book. Until now, we have studied too many quick and short terms to get rich and a lot of investment but unable to get a single penny.
This book prepares you to step by step in finance. 1st step is to set up an emergency cash plan of $1000 sacrifice, work extra money, get money, and keep in a saving account. 2nd step pays off your debts snowball, list all your debts from smaller to larger pay them. Then finish the emergency cash fund and invest it. Invest 15% of your total income into a retirement fund. Save money for the education of your kids.
The last step is building your wealth; at this point, you are entirely debt-free. Have fun with your money, invest it in business, and buy shares, you can also purchase real estate, which is debt-free. Also, according to the total writer, the money you earn is 80% about your behavior and 20% head knowledge. Debts bring difficulty, not prosperity. He winds up his book with this quotation “if you live like no one else, later you can live like no one else.”
Dave Ramsey is a famous American economist. He graduated College of Business Administration at the University of Tennessee, Knoxville. Moreover, he helped thousands of people through is the 12-week financial program. He received a degree in finance and real estate. Ramsey hosts a national radio program, “the money game.” Dave is an evangelical Christian; he makes tours in the hole country and gives a lecture in different churches. In 2009 he was inducted in National Hall of Fame.