A Joosr Guide to... The Total Money Makeover by Dave Ramsey: A Proven Plan for Financial Fitness

By Joosr

In today's fast-paced world, it's tough to find the time to read. But with Joosr guides, you can get the key insights from bestselling non-fiction titles in less than 20 minutes. Whether you want to gain knowledge on the go or find the books you'll love, Joosr's brief and accessible eBook summaries fit into your life. Find out more at joosr.com.

These days most people have some kind of debt, whether it's from credit cards, student loans, or a mortgage. However, these payments take money away from you, and will leave you in a state of financial instability. It's time to take control of the situation and transform your financial health to achieve long-term security and prosperity.

The Total Money Makeover will let you reach financial freedom in just seven simple steps. Manage your financial matters like an expert: build a safety net of cash, pay off all of your debt, and then start investing your income to earn yourself even more money. Become debt-free and you can claim back your life-and take charge of your future.

You will learn:

· The amount of money you need in your emergency fund (and why having one is vital)

· Why you should pay off the smallest balance first

· How to get smart with your money once you have paid off all of your debt.

• Language: English
• Publisher: Joosr
• Release date: Aug 30, 2016
• ISBN: 9781785674303

Book preview

takeaways

What’s it about?

Financial institutions and authorities today have convinced almost everyone that being in debt is normal, and that borrowing money is both financially responsible and necessary to build a good credit rating.

However, the reality is that debt is much like a sickness: an epidemic that is plaguing the world and ruining the financial health of millions of people. And most people have come to accept it as a part of their life, unaware that they are financially out of shape and living in constant danger of losing it all.

True financial fitness is a complete absence of debt, but achieving this state is harder today than ever before. Most people start out with a mountain of student loans, and then add to this with car payments and credit card fees, all in an effort to live a normal and acceptable lifestyle. They often have no layer of protection between them and emergencies, other than a handful of credit cards to cover the unexpected. This is a dangerous and irresponsible way to exist, yet it is considered normal by today’s standards.

If you are tired of living paycheck to paycheck, with any additional money being used to make payments toward your ever-increasing debt, The Total Money Makeover has the solution.