$26.99 (as of 05/30/2019, 11:10:57 pm)
& FREE Shipping.
Usually ships in 24 hours
The Total Money Makeover: Classic Edition
If you are going to are living like nobody else, later you'll live like nobody else.
Build up your money muscles with The usa’s favorite finance coach.
Okay, people, do you wish to have to show the ones fat and flabby expenses into a well-toned budget? Do you wish to have to turn into your sad and skinny little checking account into a bulked-up cash machine? Then get with this system, folks. There’s one sure approach to whip your finances into shape, and that’s with The Total Money Makeover: Classic Edition.
By now, you’ve heard the entire nutty get-wealthy-quick schemes, the fiscal diet fads that leave you with numerous kooky ideas but now not a penny for your pocket. Hey, for those who’re uninterested in the lies and unwell of the false promises, check out this—it’s the most simple, so much straightforward game plan for completely making over your money habits. And it’s in line with results, now not pie-in-the-sky fantasies. With The Total Money Makeover: Classic Edition, you’ll be ready to:
- Design a sure-fire plan for paying off all debt—that means cars, houses, everything
- Recognize the 10 so much dangerous money myths (these will kill you)
- Secure a large, fat nest egg for emergencies and retirement!
Includes new, expanded “Dave Rants” sidebars take on marriage conflict, college debt, and more. All-new forms and back-of-the-book resources to make Total Money Makeover a reality.
I have read dozens of finance books and this is one of the best. I would put it up there with Automatic Millionaire, Rich Dad Poor Dad, and Pirates of Financial Freedom. It isn't perfect though which I will talk about later.
Who is this book for? Everyone can benefit from it, but it is great for married couples and those in their late 20s, 30s, and early 40s. Young adults could benefit tremendously from it, but I'm worried it might not be exciting or fun enough to hold their attention. It's not really meant for retirees.
--- The Good ---
* He says financial freedom is 80% behavior and 20% knowledge which is so important, and he emphasizes this by pointing out there are a lot of broke finance professors.
* There are many real-life success stories of real people which shows his method works, and they also provide inspiration.
* He lays out his seven Baby Steps and makes them simple to understand. He points out that living right financially is not complicated. It may be difficult, but it's not complicated.
* I really liked the quote, "If you worked for a company called YOU Inc. and you managed money at YOU Inc. the way you manage your own money now, would you fire you?"
* The book includes helpful budget forms and worksheet in the back of the book.
* He isn't all gloom and doom. He wants you to have fun and even approves of buying a $30,000 watch, but only after you reach step seven and can afford it.
--- The Not-So-Good ---
* He doesn't go into a lot of detail on how to increase your income. Dave Ramsey is rich because he is a business owner who can make money from his radio show, books, seminars, programs, etc. It would have been great to get his advice on that, but he probably didn't want to overwhelm the reader with too many topics.
* I feel his previous bad experience with debt (he was over-leveraged with his real estate investments) has made him overly zealous on not having any debt. College loans can be very appropriate for some people, business loans can be great in the right situation, and his statement that you should put money toward paying down debt rather than getting the company 401(k) match seemed too extreme to me.
* The book wasn't super entertaining. I found a few parts to be a little dry and repetitive. While it certainly wasn't boring, I wish more money management books would be like the new personal finance adventure novel, but I guess that isn't this book's purpose. Still, there were a couple parts that made me chuckle and he did have some interesting stories.
* He stressed putting 100% of your investments in stock-related mutual funds. First, I feel ETFs are probably better than mutual funds because they are cheaper and won't underperform the market. Second, recommending a 100% stock portfolio to everyone regardless of age, financial goals, or risk tolerance seems risky to me. Plus you wouldn't experience the diversification benefit of owning non-correlated asset classes.
* He doesn't talk about the benefits of setting S.M.A.R.T. goals or having an accountability partner, which have been shown to greatly help people achieve all kinds of dreams.
--- Conclusion ---
Overall it is a very good book with a lot of good advice and inspirational case studies. You certainly won't regret reading it.
Spesso comprati insieme
Questo articolo: The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness$15.09
The Total Money Makeover Workbook: Classic Edition: The Essential Companion for Applying the Book's Principles$10.97
Street Smarts: An All-Purpose Tool Kit for Entrepreneurs
$20.99(as of 05/30/2019, 11:11:08 pm) Add to cart
Case In Point: Complete Case Interview Preparation, 8th Edition$30.00 (as of 05/30/2019, 11:11:03 pm) Add to cart
The Essential Bernie Sanders and His Vision for America
$14.00(as of 05/30/2019, 10:42:38 pm) Add to cart
How To Day Trade Stocks For Profit$19.99 (as of 05/30/2019, 11:10:46 pm) & FREE Shipping. Details Add to cart