Do you have or know anyone who has run into a financial slump? Where debt is building and savings is dwindling?
Most people need a plan to help them get through many of today’s money problems. So when I’m asked about what somebody should do to help rid themselves from debt, or the best way to save for retirement, I always go back to Dave Ramsey’s The Total Money Makeover plan.
This book has helped me personally, as well as, many of my friends and family. I’m not sure if someone appreciates a personal financial book as a gift during the holidays, but I’ve been thanked repeatedly by those who I gave Dave Ramsey’s book to and who actually read and utilized the information.
The Total Money Makeover is divided into two parts. The first deals with what I call the “mindset” people have regarding money. I think it goes without saying that you must address the psychological aspects of money before changing your physical actions. Otherwise, you’ll find yourself back in the same patterns that caused the problems in the first place.
The second part deals with a very specific action plan, the seven “Baby Steps” used to achieve the goal of financial freedom.
I’m not going to get into the details here, I just wrote a detailed review of the plan that you should take a look a to see if this is the right for you and your business.
Dave Ramsey’s Total Money The Makeover Book Review
This is by no means a get rich quick scheme, the plan goes through the steps and can take years to really get the momentum of building serious wealth (everyone’s situation will be different.)
I feel the Total Money Makeover will absolutely help you personally but the concepts are still very valid for your business.
The price of success is to change of mindset and stick to steps. The outcome will be more financial freedom for the long term and taking away a lot of the risks involved with personal finance.
Please let me know what you think.
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