"The Total Money Makeover" is a personal finance book by Dave Ramsey that provides a step-by-step guide to achieving financial freedom. The book is designed to help readers eliminate debt, build wealth, and gain financial stability through practical and actionable steps.
The book is divided into seven "baby steps," each building on the previous one and is designed to help readers progress towards their financial goals. These steps include creating an emergency fund, paying off debt, saving for retirement, and building wealth through investing.
The critical value of the book is that it provides readers with a clear and actionable plan for achieving financial freedom. By following the steps outlined in the book, readers can take control of their finances, eliminate debt, and build long-term wealth. The book also emphasizes the importance of personal responsibility and discipline when managing money and encourages readers to approach their finances proactively.
Overall, "The Total Money Makeover" is a valuable resource for anyone wanting to control their finances and achieve financial freedom. The book provides practical advice, clear guidance, and actionable steps to help readers transform their financial lives and achieve their long-term goals.
Here are some of the best quotes from Dave Ramsey on money and wealth:
"If you will live like no one else, later you can live like no one else."
"You must gain control over your money or the lack of it will forever control you."
"We buy things we don't need with money we don't have to impress people we don't like."
"Debt is dumb, cash is king."
"Act your wage."
"A budget is telling your money where to go instead of wondering where it went."
"Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver."
"Wealth is not about having a lot of money; it's about having a lot of options."
"You can't get out of debt while keeping the same lifestyle that got you there."
"You must live on less than you make. The act of budgeting and living on less than you make will change your life."
