The total money makeover
Dave condenses his 17 years of financial teaching and counseling into 7 organized, easy-to-follow steps that will lead you out of debt and into a Total Money Makeover. Plus, you'll read over 50 real-life stories from people just like you who have followed these principles and are now winning with their money. It is a plan designed for everyone, regardless of income or age. With The Total Money Makeover, you'll be able to: Design a sure-fire plan for paying off ALL debt; Recognize the 10 most dangerous money myths; Secure a big, fat nest egg for emergencies and retirement; Positively change your life and your family tree! - Publisher. Respected financial expert Dave Ramsey offers a comprehensive plan for getting out of debt and achieving financial health. Against a playful backdrop of fitness terminology, Dave gives solid, hard-hitting advice needed to make your goals a reality. Filled with both the "hope" and the "how-to," The Total Money Makeover includes: Useful worksheets and forms; Readable and informative charts and graphs; The four factors that keep people from getting in shape financially; Photos and amazing stories from people who have succeeded following The Total Money Makeover plan. The Total Money Makeover is a necessity for everyone in need of a financial makeover. Readers will learn to live by the The Total Money Makeover motto: "If you will live like no one else, later you can live like no one else." - Publisher.
Stats for nerds
13recommend
19mentions
17people
2010–2022years
74% recommend26% neutral
Mentions per year
What Hacker News says
- I didn’t read the article.
If you want to become wealthy without learning a ton about finances then read the total money makeover by Dave Ramsey or spend a few months listening to his podcast (go back a couple years before some of the new personalities who will be replacing him have started to come on).
Then, if you get curious enough to learn more advanced topics (don’t look to Dave for these) then head over to boggleheads.
The path to wealth is boring consistency. But it’s a much shorter path than most people think with the right discipline.
- Dave Ramsey’s Total Money Makeover is my most life-changing book as well.
My life is much more peaceful now.
Often referenced in TTMM, is The Millionaire Next Door, which is also excellent. The common conception of millionaires completely wrong.
- For boring but sound financial advice, I recommend Dave Ramsey. His book “the total money makeover” changed my financial life in my mid 20’s.
I sleep much better being completely debt-free and knowing that I’m on-track to retire well even if I never hit it big or get another raise in my life.
- I'm going to say Dave Ramsey's Total Money Makeover.
Hear me out -- when you're debt-free in a modest paid-off house, you have so much extra "brain space" that used to be devoted to managing bills, worrying about layoffs or the next job, etc. Whereas if you're debt-free with low overhead, you can push back on management, be bolder in your current work, pay cash for continuing education, take interesting but not top-paid work, make mistakes and not stress about them, etc.
- Most people pay $100+/month for cable, eat out multiple times per week, have thousands of credit card debt, and an unexpected $400 bill would ravage them.
If you want to live a un-average life, you need to have un-average priorities and sacrifice. Few on HN should be living paycheck to paycheck.
Check out Dave Ramsey's Total Money Makeover for a starting model. And yes, you'll have to sacrifice now to benefit later.
- Thanks for all the suggestions so far. I'll throw in several more favorites that have changed the way I think over the years, in no particular order:
* The Righteous Mind - Jonathan Haidt
* 7 Habits of Highly Effective People - Stephen Covey
* The Emperor of all Maladies - Siddhartha Mukherjee
* The Alchemist - Paulo Coelho
* Getting Things Done - David Allen
* The Worthing Saga - Orson Scott Card
* The 4-Hour Work Week - Timothy Ferriss
* The 5 Love Languages - Gary Chapman
* The Total Money Makeover - Dave Ramsey
