Saving For The Rain
Quite a bit could be learned from just flipping through the inspirational stories. So many people have benefited from learning to hold off and hold on, to get a hold of their finances.
1. Create a small emergency fund of $1000
2. Pay off all debt
3. Establish a full emergency fund to cover several months of living
4. Invest for retirement
5. Create a college fund for the kids
6. Pay cash when possible
7. Have fun
8. Give unto others
What is really appealing about Ramsey’s principles is that he perpetuates the idea of having fun and giving to others–it’s not all about amassing money like a Scrooge. What is not appealing about the book is that it is not only repetitive, it is basically a repackage of every other book he has published. However, no matter how many times he says it, it is still great advice, and if a person is looking for a plan on how to get out of debt, or is wanting to learn how to start saving early to stay ahead later or needs some encouraging testimonies of how others beat their own debt troubles, then this is a book to have on hand.
Folksy, down-to-earth, sometimes corny in approach, Ramsey never fails to inspire the goal of saving for those rainy days.
Disclosure of Material Connection: I received this book free from the publisher through the BookSneeze.com® book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255
- I very much trust Dave Ramsey when he says that the so-called “Affordable” Care Act STINKS! (ifhappinesscanlastforever.com)
- Dave Ramsey’s Total Money Makeover book (fiscallyfitchica.com)
- The Total Money Makeover by Dave Ramsey (lucky4jill.wordpress.com)